Daily capital journal. (Salem, Oregon) 1903-1919, 1904-12-14
BROKERS
TALK
SHOP
Conditions of Local Markets
are Fairly Prosperous in
Most Lines

What the local brokers say abou'
the market. Commission companies.
Capital Commission Co..-The apple
conditions are the worst ever seen here
at this time of the year. An overpro-
duction and no outlet. The apples
coming in now are poor in quality and
small in size. There will be no money
in potatoes until the farmers come to
their senses, They are holding for a
higher price,. which they will not be
able to get. The onion market is firm,
H. s. Gile & Co.-Over production of
apples, and the market is weak at
Ipresent. The crop this year was un-
usually good, but there are very few
Iapples left in the market. There was
a fair crop of potatoes, but the south
ern market is not open yet because of
low prices on local California, Colora-
do and middle western crops. Onions
are strong, but there was a very light
crop. There is not very much doing
in the prune market, as they are most
lly out of the country now. The gen.
eral market is quiet now, as it always
is at this time in anticipation of the
holidays, and very little buying will
be done until after the invoicing is
finished.
Hop brokers:
George L. Rose The market is
quiet but firm, and there are more indi-
cations of activity than for some time.
From the general outlook it will brace
up before long.
Krebs Bros.-We still continue to
believe that the market will go better
than 35 cents. AS far as we can ascer-
tain, the growers remain firm, although
some dealers have sold at ridiculously
low prices, which is possibly due to
the fact that they had to realize on
their hops to meet obligations. The
bears of the east have sold large guam
titles for January and February de-
livery, and they are doing their ut
hlOob w bhG hNb.
we believe the growers are well aware
of the shortage of the world s crop
and will hold, if necessary, until Feb
ruary or March, when the market will
go higher than any one Will dream of.
Jack Carmichael-The English mar
ket is dull. The American hops are
being neglected, and attention is be-
ing paid to buying of the English
crop.
julius Pincus-I don't know of any
orders here at present. The market is
very dull.
H. j. Ottenheimer-There is moth
ing new in the market, and everything |
seems to be quiet, with no demand.
Some sales have been made in the last
week as low as q cents, and in one
instance 26, which indicates that un-
less England comes into the market
very soon prices will decline still
further.
Charles NJ. Werner-The market is
very uncertain. believe the present
slump is due more to the approaching
holidays than anything else, and be-
lieve that there will be improvement
the first of the year, but question
whether it will reach 32 again. AS
the season advances the probability of
a large crop for the coming year will
have a tendency TO depress prices.
The brewers still have hops to buy,
but they have learned the lesson of
economy, and the market cannot look
for much assistance from them.
II. w. Searle-I believe that the
market win be good after the middle
If January, but have learned that the
'nly thing'sure in the hop business is G
leath.
Benjamin swartz & sons-Nothing ]
loing.
b. o. shueking & Co.-Nothing do :
ng. I