The daily morning journal and courier., 1897-01-26
LOCAL INHEsrM ENr NOTES.

Cuthbert & Co.'S dispatches received at their branch office In this city yes terday review yesterdays stock mar ket and say, after speaking of the ear- ly advance in prices, that renewed hammering operations by the bears en- sued, particularly in Tobacco, Hooking Valley and the coalers, which led to renewed weakness and subsequent loss of all the early improvement Tobacco was sold on the local litigation against the company; Burlington and Quincy in anticipation of a poor statement of earnings for the month of December, which is due this week, and the coalers on the well known poor condition of the coal trade and a general belief that the forthcoming annual reports of the Lackawanna and Jersey Central com panies, as well as the Delaware and Hudson, will show up favorably. The statements of both the Lackawanna and the Delaware and Hudson compa- nies are expected to be announced dur ing the latter part of this week or ear ly next week. The St. Paul statement of earnings for the month of December will be announced tomorrow or next day. The general market, aside from the coalers and Chicago, Burlington and Quincy and several of the weaker spe- cialties, closed with steady under tone, with prices unchanged to but A and & below yesterdays closing: The agitation of the Cuban question in the senate by Senator Turpie was used by the bears as a pretext for hammering the market. but otherwise it had no appreciable effect.
 New York, Jan. 25--At the annual meeting of the Consolidated Gas com pany to-day the present trustees were elected, except that F. Augustus Sche- merhorn and D. R. Holden succeeded Messrs. Anderson and Van Ness, de- ceased. About 70 per cent. of the stock was represented.
 New York, Jan. 25.-Private dispatch es make the worlds shipments of wheat to Europe the past week 4,SS0,000 bush els, compared with 4,6O0,00O bushels a year ago.
 Northwestern receipts of wheat to- day are 1S5 cars, against SIS last week and 724 a year ago.
 | Chicago, Jan. 25.-Puts and calls good this week. May wheat puts IS, calls S3. May corn puts 23s4, calls 24A.
 I New York, Jan. 25.-Cotton has shown a dull sagging from the start this morning in sympathy with Liverpool advices and the larger receipts Satur- day and to-day. The trading has been entirely of local character. The rally after the opening was influenced by some covering of shorts and bull sup | port, but the foregoing factors and con | tinued absence of outside business with Liverpool easy closing, led to re-
 newed selling and a feeling of weak ness. There has been no bear pressure
 in evidence at any time.
 It is a very small, narrow and sensi- l tive market, with prices easily inf1u.
 enced either way by a small prepon.
 derance of buying or Selling orders
 General Electric advanced on pur-
 chases of 800 shares each by Worden &
 Burrell and purchases by John Wallace \ and Hatch. On the advance l.. l. \ White sold 1000. Dimock sold Chicago Gas. Rest of trading has been scatter
 ing. Brokers have been principal buy.
 CTS of the coalers. Specialists say tha1
 when buying orders appear in these
 stocks they respond rapidly to them.