Capital journal. (Salem, Or.) 1893-1895, 1893-10-03
OUR HOP COLUMN.
The Situation of the Crop in
Washington
AN OFFICIAL RFPORY FROM GERMANY
Strong Statistical Situation But
Hops Don't Advance.
AROUND PuYALLUP:

From the Commerce, Sept %: Hon.
A. V. Fawcett has heretofore held his
hops and lost thereby. This year he
changed program and sold right away,
to Geo. Rose, at 174 cents. Sale was
made Monday, and hops were No. l,
raised under the careful supervision of
M. H. Smith.
Picking commenced in the Meeker
yards yesterday, and will continue
three weeks.
Marion Meeker will this year harvest
5000 pounds against 1000 pounds last
year.
E. Meeker & Co. yesterday bought
1876 bales at 17c and As bales at 16c. 17c
was paid It's bales in Oregon Wednes-
day. Meeker & Co. are shipping car
loaes of hops to New York and Lon
don today, from Puyallup and from
Kent. Their total shipments tor this
season up to date amount to 1897 bales.
1868 bales to London and 329 bales to
New York.
The shortage abroad is as hitherto re-
ported. England lacks from 125 900 to
100000 of our bales of her consumption.
Germany is also in the field as buyer.
She will probably to some extent get
goods from other parts of Europe but
will undoubtedly get more or less from
the United States.
OUR GERMAN SPECIAL.
Herr F. Rhodius, chairman of the
German society of hop culture reports
from Nuremberg, Sept. as follows:
Cultures" will considerably reduce
the stock of hops and lessen the offers
to sale which regulate the prices of the
season. On this point of view also the
situation is quite different from that of
1890 where the sales on future delivery
from the dealers to brewers had direct
bad influence on the prices, the short
sellers having sought by all means to
depress prices, whilst this year the
dealers will enter into the season with
bargains already concluded and have
an interest to hold the rates.
Notwithstanding this situation which
| justifies the expectations of high rates
of our planters and dealers it is not pos.
sible to say what will be the highest
prices we shall have in the season and
when they will take place. The rates
depend not only from the statistical
position of the worlds market, which
as it appears has never been stronger,
but also from condolences influenced
by subjective circumstances. From
the above objective comparisons every
body may draw his own conclusions.
The quality of this years crop will
be good and in some places even very
good in the German hop growing coun.
tries. Concerning quantity, however,
Baden and Alsatia are more favored
than Wurttemberg and Bavaria. Ba.
den and Alsatia may reach ! crop; in
most of the districts of WurttemberR
and Bavaria they hope only for 4-b.
In Posen (Prussia) they have almost a
full crop, but being one of the smallest
hop growing districts this will mol
mend much the final results. The inn
provement brought by the wet in July
has been oVerrated very much every.
where; this is proved now by the re-
suits of the gathering; and in genera
Germany cannot be estimated to more
than crop. The crops obtained iI
this country have been
1889 7l5,656 Ctr.
1885 674,4 "
We cannot expect this year more
than lS0-25O,0OO cwt. and we believe
that this latter figure will not be at.
tained. But even at 100000 cwt. and
suppOsing that the German consump
tiOn which requires $4,000 ctr. will
only amount to 100000 this year (ai
there possibly remain some old stocks
or brewers can spare some hops) our
country will require 10000 ctr. foreign
hops instead of exporting 10000, ,O0C
ctr. as in other years.
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