Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1885-08-23
MILLIONS IN HOPS.
Review OF the General Trade and Indus.
trial Situation,

SA" AOhAI august ES'-4h Ltc iSouO Va
tomorrow Brsdstreefs presents elaborate
returns as to the growing hop crop in New
York State, where 10 per cent. of the crop
of the United States is raised; from the PL-
ci6c coast, where % per cent. is raised, and
frsm the United Kingdom and continental
European hop regions. No hop crop re-
port has been made in New York since thst
OF the government in 1879, when the total
yield was 2l,6O0,OO0 pounds, against q,
100000 pounds this year, asper Bradsreets
reports, and this report together with ad-
vices from the Pacific coast, where rs per
cent. Of the hop crop is now raised, against
9 per cent siI years ago, together with ad-
vices from the Northwest, affords data for
o fairly complete report Of the domestic
crop, and SPECIAL reports from England,
Germany and Austria are included, which
furnish material for consideration of the
worlds crop.
On this subject BradsHest's says: 1t is
currently estimated by well informed mem
| bers OF the trade, that Of the American crop
of 1884 there are now: In growers and
dealers hands, 100000 pounds; in brew
ers' hands, 4,4O00,000 pounds, or a total
stock on hand Of l3,40S,C0O pounds. The
new crop all picked, viii be about 40 OOO,-
900, or total available suppl of domestic
hops, 53,400 900 pounds. Brewers need, if
equaiDg hast seasons say 2S,50O,0OO
pounds, leaving surplus for exports OF
24,90O,OO0. This surplus Is equal to 1885,.
333 bales Of $50 pounds each. The exports
of hops from September, 1884, to date, are
in round numbers $4,000 bales. The an
nual average exports for the past sixteen
ears have been SO. 900 bales, although last
year it reached nearly $4,000 bales.
The Hop Crop Of the World
for 1885 may then be given as follows: In
the United States 40400,000 pounds; in
England AZ, ,000,O0 posAds; in continental
Europe l9O,0O0,0OO. Total l82, 100000
The stock OF 1884 hops en- hand here is b.
400, ,OO0 pcands; stock OF 1884 hops in Eu.
rope, estimated, l5,6OO, 900 pounds, making
a grand total Of 2ll 100000 pounds. This
would show deficit Of 100000 pounds,
but as we have no report cf the extent OF
the Australian ard Canadian hop crops,
and as no allowance has been male
in estimating the exteat Of the
brew for the quantity OF be.r
now stored in brewers vaults, il is probable
that there is really considerable surplus,
although hardly sufficient to warrant the
present low priees Of hops. ThcTe is also
possibility that the consumption OF hops IN
some Of the European countries has been
overestimated by onequarter Of pound
per barrel. Against this may be set the
fact that no estimats is made of the beer
which is drank or wasted in the various
breweries, of which no record is kept. 1t is
probable that American hops will oe liber
ally used in England during the coming
season if they are properly picked and cured
and from present indications it is quite like
| ly that prices have touched bottom.
| The General Trade situation,
TIE encouraging features of the general
trade situation heretofore reported in these
columns have been repeated in special tele
grams received by Bcadstreets this week.
| More specific aivices from Boston state that
while the feeling in trade circles is more
encouraging, the gain IN the volume of trade
| which has taken place is not large Still
\ itfsTf sisfff6canee that at Philsdelphis,
| Cir cinnsti, Memphis and Burliugtoa the
| leading iobbers record better sales and an
imtroved eiDg in rsie circles. AT Chi
Gag O there has been some depression, owing
| 10 the decline in the price OF wheat but
otherwise there is no change.
AtSt Louis, the threatened strike CT the
Gould road operatives belonging to the
Knights of Lsbor depressed trade BY cau''
ing the Withholding Of orders at the interl.
or At Cleveland, it is wired that trade IS
fair for the season only At New York,
only a moderate average Of the report re
corded above is true Leading dealers in
staple lines at New York regard the general
I'm provcment, noticed here only in cotton
goods and wool, as pointing TO the Usual
excess of demand tustomsry at the opening
Of autumn. The necessitsted outlay in the
fall is heavier than that in the spring Gen
ersl inquiry fails TO fad an expectation OF
a continuibp revival in trade in the exist
ing improvement.
The Gales of wool at the East show no
signs of a reaction from the activity of the
past six weeks. Prices tend upward, and
the volume OF sales is heavier than at the
like period last year. A clear advance o.
lc per pound since July has been mad
on several varieties In the East busines'
IN dry Goods is fair The most noteworthy
advance is in bleached cottons, in Whic
prices have advanced y per cent. BroWn
shettinps are higher in one or two instances
Stocks Of cottons are relatively small and
the restrictions of the output continues.
The Improvement in Iron
at Pittsburg Philadelphia, Cincinnati, St
Louis and Chicago is mainly in pipes and
pIates. for which orders bsve increased
there has. however, been considerable en-
thusiasm respecting the gain. The iu
prove ment in prices for steel rails reported
generally at 81 80 10 - per ton has amount
ed TO less than 81 in reality. The Intention
of the Long Branch conference Of steel raj
makers is TO put prices up 10 $50 per ton
.oainst pominally 81 so The Rensselaer,
IRON and Steel Works, New York State
having reorganized with new capital, vii
build furnaces and continue work.
THE wheat market has been q ute de
nresssed. and within tSo weeks has declined
lOc Der bushel, from influences heretofore
noted Corn remains partly in sympathy
but relatively frner. Provisions are loE
and ress. In grocery staples the distriou
tion of sugar has slightly improved, while
c1 fee and tea are behind the same time las
GEAR. Dairy products are irregular, while
cheese is depressed.
There we're lSO failures in the United
State during the past week, as compared
With l6O the previous week, and With l76
l7s and l32 respectively in the correspond
ing weeks Of lSS4'lss3 and 1882. Abou
20 Der cent were those Of small trader
shose capital was less than $1,000 each
Canada had lg an increase OF 2.
CONDENSED TElEGRAMS.
1 IL L. E-Ls-sr.