Daily capital journal. (Salem, Or.) 1896-1899, 1898-09-09
HOPS.
Short crop-Better Prices May Be
Looked For.


Looked For.
NEW YORK, Sept. S.-The Amer.
ican Agriculturist says of the hop
crop:
"The worlds hop crop shows
shortage this season that may pos
sibly he reflected in a sensational ad-
vance in prices, according to the
American Agriculturist's preliminary
reports this week. Its returns for
the 1898 crop OF hops in Germany,
Austria, France and England, as well
as the United States, make it reason.
able TO believe that, allowing for pos
slble improvements, the worlds crop
is 50,000 to 100000 bales less than
last year. 1t is, there fore, the third
crop in succession to make only fair
average total, so that the general
impression of short supply Of old
hops is apparently justified. With
an increase in the consumption OF
beer throughout the world, the de-
mand will evidently absorb the pres
ent supply at fair prices"
HOP CIRCULAR.
Following information is CLEANED
from the Valentine Loewri hop price
list:
So far as the volume of business is
concerned there is no chance for the
better as yet, but at the same time
there are more inquiries from brewers
for the '97 hops and this, in connection
with the less favorable cropireports, is
giving the market an undertone OF
6rmness, especially on fine goods.
Holders feel that any Improvement
In trade will put different complex
ion on the situation, and they are
awaiting results with some interest.
Reports from this state say that
picking Oh the Humphrey Seed.
lings is In progress, and ttheir is
general Disappointment AS to the
quantity; some yards have run
short nearly one-half. This, Of course,
is not a criterion of the later crop
and yet It foreshadows lighter yield
than last year. A few of the new
seedlings have been sold In the coun-
try at l4(9l5c., and some samples have
been shown here, but without results
in sales. The tenor Of advlces from
the Pacific coast has not changed
much, and only .meagre reports are to
hand regarding the progress uf the
picking. Cables from Germany esti-
mate the shortage at 20 per cent; the
prices quoted in the Nuremburg
market are 20 to 30 per cent, higher
than last year, but there is some
thought that this advance is hardly
warranted. English crop reports still
vary somewhat, but none Of the esti-
mates are over 100000 old duty, and
some are considerably less.
Bales
Receints for week . Ala
Receipts from Sept. /, '97 to 49,.
Sept. 1, '9S. ................ 1857
"sSsp'' Sent !. % 's7 i."...... p. ~ y. 95, ,2e:
Exports to Europe for week..
HSeTt.' Sent. !. i 'ss ot' '...'....'.... 92,27(
NSeUi.' Sent. l. 's7. ......... so ,93;
Imports for week. ...........
Imports from Sept. l, '97 to
Sept, l, '98. -. -: 7,loi
Imports from Sept. l, '96 to ooo
Sept. /, '97. ......... ........ o,So'
i Many of the valley yards art
through picking and the pickers arr
leaving for other yards and home.
News comes from the north tina
picking is in full blast and the pric'
paid is by the hundred, 80 cents pc
hundred Is the prevailing price.
IIThere are several hundred Indian
picking 10 the yards near Eugen
from the Warm Springs reservation
80 cents is being paid for a nln
bushel box. The prune and hop GRO
; are taking all the help and pickers ar
all employed.
Hop picking is progressing satlsrac
torially In the vicinity of Albany
: Hops are generally of fine quality
Faber & Neis, of that city, have file
contracts for 455. 900 pounds, made i
Willamette valley counties, tn
, price being from TO
: cents. All around Woodour
hop picking is nearly over. But on
imperfection is noted. Growers be
u coming uneasy as to probability
mold, commenced picking too early
V resulting in the harvesting of man
u hops that are unfit for foreign shiI
g nent, owing to poor color an
y strength. All lots picked the latt'
part of last week or during the pre-
u ent week are of excellent color az
Ie quality. The yield in this section
u one-third less than In 1897 and on
= one e.thlrd larger than in 1895. II
IS price offered is 8 TO 10 cents.