The Yakima herald. [volume] (North Yakima, W.T. [Wash.]) 1889-1914, 1899-11-23
WORLDS HOP MARKET.
Comprehensive Summary Cleaned From Ex-
changes-The Home Market.

The local hop market is quiet and but
few sales are reported in addition to the
large number of growers who parted with
their crops last week.
! Stephen Schreiner is in Minnesota and
Wisconsin negotiating with regular Gus.
toners for the sale of his hops. He has
sold about ten tons, or half of his crop.
at prices ranging from IL, 10 and l5c.
1t was reported yesterday that Jack
Shaw and A. ]. Fletcher were offered lie
for their joint crop. Mr.. Shaw was will
ing to let go at that for the yard in ques-
ton, but would not sell his Tampico
hops at that figure.
The Producers Price Current OF New
York, November IL, says THE local
market remains in about the same con.
dition as was reported week ago. The
trade does not expend as much as would
naturally be expected at this season of
the year. Brewers are taking on more
stock than they did last month, but are
still operating very conservatively and
the demand is of more selectve char
scter. This is probably due TO the fact
that the crop this year Is very mixed
one, with preponderance OF weak, moldy
and poorly picked lots. We do not hear
of exporters making any purchases here,
but they are taking some lots in the in
terror, and this weeks receipts include
nearly 900 bales In transit for export
over 700 bales arriving from the Pacific
coast"
The Nuremberg advces state: 1.-THE
condition of the market is distinctly pro.
gressive. A week ago advanced values
to the extent of los per cwt. were estab-
lished, and have been well maintained
during the last few days. Brewers are
buying freely for home consumption, and
the export demand has been fairly &C.
tive. Sales have averaged 1000 to 4, 500
bales per week, so that the tone of the
trade is at present very firm, with some
tendency toward general improvement,
In prices. The cause of this upward
movement is doubtless traceable TO the
scarcity of choice samples, as, although
the total yield of the crop is more than
sufficient for the requirements of con-
sumers, the large proportion Of inferior
hops limits the selection, and buyers are
therefore naturally anxious to score good
parcels while they are within reach"
"Lupulin" in Mark Lane (Eng.) Ex-
press speaks thus Of the outlook In Eng
land: "The present condition of the
Bourough hop market is most unsstisfsc-
tory to growers and their factors. What
is the cause of 1t? is a question that is
continually being asked, and as yet can.
not be easily answered. Business 10
practically in suspense, a. 1t 10 impossi.
BILE to bring the ideas Of value held by
buyers and sellers into accord. The Of
fers made for any parcels which are in
any degree below choice qualities are so
abnormally low that growers cannot ac-
cept them without not only an entire
surrender Of profit, but with an admis-
sion Of loss, which the circumstances can.
not be said to justify. For admitting
the correctness Of the official returns of
the crop, and even allowing for the pro.
duction OF heavier weight than is given
by them, there does not appear any sui.
Gcient reason for the depression of prices
which has been aimed at by merchants