Evening capital journal. (Salem, Or.) 1888-1893, 1889-09-12
THE HOP MARKET.
A Review of this Valuable Product
England's Needs-Interesting
Statistics on the Subject.

! ht DntStHt thcIc 10 out it" hop7
offering from the simple fact that
they are still unbaled. The price
has been low and will be SO until
samples of the crop Of 1889 can have
reached the marts Of the world.
The causes that effect the worlds
markets consist in great part of de-
ficiency in England and as no such
shortage exists it cannot be expected
that prices will rule high.
England's acreage for the past few
years has decreased at the rate OF
Is per cent per year, but advices just
at hand quoted frsm the government
reports to show that there has been
no such falling off in acreage the
present year. Summarized, the crop
of the world stands on the needs OF
England, which consists of about
$50, 900 bales more than she annually
produced on her 81, $50 acres of hop
land. OF this shortage she draws
30, 600 to $4,000 bales from the United
States. The latter being the amount
used in England Of United States
hops last year, and this is the largest
amount ever bought by them from
the United States. Onc-eighth of
this quantity was furnished by Ore
gon and Washington through E.
Meeker & Co. Of Puyallup, alone.
The crop of the Pacific coast con-
sists of about 10000 bales allotted
as follows: California, 1900; Wash
ington terrriory, As, 900 and Oregon
$1,000, or IA total of l05D0O. 1t is
possible that this will be an over es
innate of the years crop, but these
are last years figures.
Regarding the prices to be obtain
ed later on it is hard to say. 1t is
safe to say that brewers are not with
the market at present and all quota
tions based on present sales are
purely speculative. And surely If
spectators are willing to pay from
3 to 10 cents for hops what will they
be worth later on when the market
really opens9 These are thoughts
worth considering. 1t is a good
plan to make haste slowly and do
all possible to cure good A No.
hop, and while the price may not be
large, yet it stands to reason that 1t
will be better than those now ruling.
There has been u few sales and
deliveries at this point. w. j. Her
rem has begun to handle this years
crops as he usually does, and also
T.. Meeker & Co., through Mr.. f. $.
Meeker, has bought In this section
some 500 bales at ruling rates. They
are from all sections and are fair
average sample of Oregon. They
are now all delivered, and on their
way to Puyallup, where they will
be joined by 100 more bales from
the yards of Washington, and then
sent in solid train of sixteen cars
across the continent of America on
fast time, and make connec-
ton at Baltimore by steamer
for England, where further
arrangements are made for their
reception ana where they will ar
rive 10y Oct. Is and will be distrib-
uted to the brewers then to test in
small lots. This is sixty days better
time than has ever before been made
on similar shipments, and the hop
growers can see the lnestimable
value 1t will be to the market ms n
price indicator and promoter. The
Meekers intend to haudle all the
Oregon hops they can get and will
bo In the market here Such en-
ergy rs they show deserves recogni-
ton and II will receive commenda-
BILE reward.
The acreage OF the United States
is estimated at 10000 acres, Eng
land has an estimates crop of 275, 900
bales which Is an average, whilst
Germany il reported short.
Severely Burned.
- 4. ..I y