Daily capital journal. (Salem, Oregon) 1903-1919, 1906-04-26
THE HOP
SITUATION
GENERALLY
(Kentish Observer, April 5.)

ness doing in hops during the pas
week, and factors have been able I,
find purchasers Of East and Mid Kent,
at fully previous rates. Choice East
kents are worth from f3 to sS l5c
medium quality e. to f2 5s, best quality
Mid Kents s2 to GO los. medium quail
ty IL los to f2 and Sussex from El los
to 60. On the Worcester market useful
medium qualities have realized from C.
to s2 los, inferior values being held at
values which do not attract buyers.
Messrs. Manger & Henley, London,
5. E., report: There has been more in.
quiry during the past week for useful
copper hops, and several fair.sized par.
cells have changed hands. Prices re-
main steady and unchanged.
Messrs. W. II. & II. LeMay. London,
). E., report: The inquiry noted in
our last continues. Several parcels
have been taken during the past week
for consumption at rates now current.
Messrs. Cattley, Gridley & Co.. re.
port: Rather improved trade is notice.
able for useful English hops, but the
selection being so limited il is difficult
to satisfy anything but moderate de.
mand. Prices remain unchanged, grow
ers who still hold their last years. pro.
duce being adverse to accept less than
current rates in anticipation of re.
duced acreage in England and the pos
sibihties of considerable shorter
crop this year after the almost unprec.
edented yield produced from the plant
last year. Foreign markets are firm
and very little export business is be.
ing done for England.
Worcester Hop Report.
There is no alteration to report in
the state of this market, the small de.
mand being met out of merchants
stocks. But one lot of $50 pockets of
growers hops passed the scales last
week. Choice samples are conspicuous
by their absence, and inferior lots find
scant favor at the prices asked by
planters, so that transactions are almost
entirely confined to the healthy medium
qualities, which command about late
rates.-J. H. Meredith & Co., Worces.
ter.
Hops In Washington.
The active buying operations that
have been going on in the hop market
lately have not been confined to Ore.
gon alone, for it was learned yesterday
that about 1400 bales of Washington
hops had changed hands In the past
few days. These transactions were al
most entirely in Yakimas, and the
prices ranged from to 9c. The quail.
ty of the goods was nothing to brae
about, which shows a healthy stiffeninp
up of values in the north as well as in
this state. Several lots of Western
Washington hops also changed hands
among them a 100-bale lot of Puyal.
lups bought by A. j. Ray at Sc.
Hop Situation In General.
yakima Republican, March l6.)
Harry Pineus. of the firm of Isaac
Pineus & Sons, one of the largest firms
in the Northwest, talking to a Republic |
reporter about the hop situation in
general, could not hold out very much |
encouragement to the growers this
year, so far as the price is concerned |
Hops at the present time are worth |
about Sc per pound. but it is a hard
matter to contract this years crop at
Zoe.
"While IL is difficult so early In the
season to assert with any degree Of ac
curacy just what the true situation will
be next fall," +" said Mr.. Pincus, "I am
inclined to think that if all the hops
are picked that are now planted the
price will not exceed sc.
"The largest acreage in the history
Of the hop crop is growing this year
and unless the crop in England proves
to be failure, the worlds markets
will be swamped. So far the roots havs
wintered well in every county whore
hops are cultivated, and from the
neagre reports that we have received
thus far the indications point to a
bumper crop.
England is the pivotal country in
he hop industry. That section holds
he key to the situation, and upon the
'uccess or failure Of the crop will de
pend the price Of the years yield.
LAST year, according to the Official esti
nate. the crop Of England was the
'iggest ever produced there. Il vas
's5, 900 bales Hops sold at and Toe
asst year as against 30c in 1904. When
.ODs were worth 3Oe England had only