The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1904-12-27
Unprecedented Demand for Pink
Salmon from the Orient.
WORKING CAPITAL CALLED
Reported That the Alaska Pack 10 Still
in First Hands and Little Of This
Seasons Pack Has Been Dis.
posed Of as Vet.

Inc NuTlitteu AaSi tnst alhShlin Sal"
lmon at date occupies strong sta,is-
teal position on the worlds markets
resultant ON heavy deficit In pack.
and the entire elimination OF competi-
tion In other grade tish. II no argument
that the internal consumption OF snms
the past year In states territory has
NOTABLY declined. Very much the re-
verse. II Is probably true that 3Ihhers
stocks throughout the country ere
light resultant on holdings having
passed into the hands OF the RETAILER.
but we fail to note any disposition
manifested TO replenlsh same. II is
alleged again that brokers are substi-
tuting on orders this season which, Il
true. would not account for the large
volume of warehouse stock that pack
ers are carrying over into the new
year The truth Of the matter IL that
were 1t not for the extraordinarily well
sustained export market and the un-
precedented demand from the orient
for pink salmon which has been the
backbone OF the trade the past season
certain large interests on the Pacific
|complaceney the sale OF S3S.00O,O0o
cannery plant for the best Offering oh
tainable. AS 1t is every salmon inter-
est on the coast without exception has
called In the entire working capital to
withstand the strain OF future opera
tions, and the likelihood OF a combine
with new interests in the field begins
to assume palpable shape, Whatever
transpires It Is certain that modern
methods need to be applied to the sal
mon business. The industry needs tha
tonic of brisk advertising campaign
and other incidentals calculated to en-
hance the very real merit OF the pro-
duct with consuming interests.
A meeting OF shareholders In the
British Columbia Packers Association
is scheduled for the 18th inst at the
Offices of the Corporation Trust Co, is
Exchange Place, Jersey city, N. J. The
object of the meeting is to authorize
the issue OF stock. An exhaustive state
ment OF the purposes OF the company
has been furnished stockholders.
The United States navy contract for
the supply OF 100000 pounds Red Alas
kan salmon will probably be awarded
to r. c. williams & Co. OF New York |
city. on tender equivalent to s1.l7
per dozen. There were nine tenders
in all, the highest being sl.27h.
The market continues dull as usual
at this season OF the year. says the
San Francisco Trade Journal OF the
10th inst. Large eastern buyers OF
Alaska reds who had purchases held
to draw from. will withdraw all by
the last of the current month. In for
mer years these buyers took their pur-
chases as fast as the packer could ship
after the salmon was received at this
port This shows the changed condI-
tion of the market and confirms the
Trade Journals position that the trade
operates conservatively and only takes
as required. which works hardship on
The stock Of Alaska red held
by independent Gamers has been prac-
tlcally cleaned up. The Alaska Pack
ers association holdings here and else
where are said to be nearly equal to
'ne seasons pack. This. in connection
with that held by others, Is not consid-
red large. considering that before any I
II the Alaska red 1905 pack comes to 1
his city, fully eight months will have II
passed by. 1t is conceded that the
Jack of shums has gone into distrIbut-
RS hands, as also OF sockeyes, and L
hat the holdings Of pinks and cohoes
re comparatively small The former
gill probably be taken by Japan before :,
he spring season of 1905. Predictions /,
re freely made that pinks will sell at
to 85 cents f. o. b. coast before the
905 season opens.