The Yakima herald. [volume] (North Yakima, W.T. [Wash.]) 1889-1914, 1905-09-06

Thinks .Wiseot Plan h for Pro0ucer,
to Hold Hops Until Nov. 10
to Dec. 1st.

s
Al the picking Of the 1905 hop
crop has already begun in several sec
lions Of the world today. reports now
begin to come in from nearly all sec
lions of short crops and all former
estimates are now being lowered.
This is especially so In England and
New York state, where picking has
generally begun.
Wire reports from New York to-
day say picking has begun, crop COM
ing down much lighter than expected,
all former estimates being reduced,
some as low a. $4,000 bales for the
state. English cables report bad
weather, plenty of vermin and mould,
heavy growth Of vines. Crop COM
ing down Unexpectedly light.
desire to impress upon the grow
ers of the coast that the statistical
position of the hop outlook today is
stronger than q year ago and there
Is NO reason why the 1905 hops OF the
Pacific coast should not bring 25c
per pound.
The quality Of the New York state
hops will be poor. The result will
be that exporters will turn their at
tention entirely to the coast for their
supplies, and It Is a well-known fact
now that England will probably not
have to exceed 100000 to 425,000
hundredweight, although some Of the
bears who are heavily on the short
side of the 1905 market and who
A(~ ~ In c hArn
signed by an eastern brewer, will
look you in the eye and still persist
in telling you, in the face Of all late
Information coming in that England
will have I'VE to six and seven hun
dred thousand hundredweight. Some
Of these bear firms whom Washing
ton growers have received SO much
advice of late to sell their hops that
the market would surely go to ten
cents. are becoming very desperate
and assure you, II we had the short
sales that some of them have, we
would become desperate, too.
In my oopinion, England will take
sixty to seventy thousand bales from
the tactic coast this year.
While Germany and the continent
have an average crop, England will,
as she always does, take the surplus
from these countries, as well as a
large stock from America.
You must remember that for the
past ten years or more our American
brewers have been using twenty-five
to thirty thousand bales Of old olds
each year. Now, for the first time
in years, this stock is exhausted and
our brewers will use twenty-five thou
sand bales more of the 1905 than
they have of any new crop In ten
years.
What is the result? It is that We
will see very high prices before hops
grow again.
The bears are advising you to sell
early; by so doing, they think 1t will
create q stampede, which is the only
hope for them to cover.
Take my humble advice and do
not offer your hops before the latter
part Of November or first of Deem
Der.
Every man that Is short this year
has got to deliver A No. goods, as
most of them have sales for term
of years and this Is their first years
delivery. They dare not ship any
thing but choice goods. The result
will be there will be a scrambling
for this class of goods. Hold until
late unless you want to take the low
price of the season. No grower
need worry about ten or twelve cent
prices, as we shall not see them for
three or four years at least, and re-
member that when the Eastern
Brewer from Tacoma tells you to sell
early and that crops are larger than
ever before and that they will surely
go to 10 cents, that he Is grinding
his own chisel.
must say that admire the
eastern brewer for the fight he 10
putting up, as long as he follows 1t
on legitimate principles. But con-
ditions are SO badly against him
that he must have a most beautiful
nerve to attempt to continue the
fight longer.
Exporters bought here In Oregon
yesterday 500 bales choice October
delivery, At Ice and $50 bales more
Of prime quality at 14hc. This
early buying by England ought to
convince any Of the true situation
over there.
All conditions now point to hne
quality IN Oregon with q yield,
probably close to $4,000 bales.
The bars will tell the grower he
got the worst Of 1t last year in the
depreciation Of values, which we adj