THE OREGON DAILY JQUnNAU POSTtAND. FRIDAY EVENINO. NOVEMBER 17.
GuGVJluS IffitDii
HOP PRICES
Buyers Now Making Desperate
... Efforts to Secure Ore-'
eon Product.
OPOOTIIESiifiidS,;
CD TO RISE
BOO
WILLAMETTE VALLEY H0P3
, ARE ONLY REALLY CHOICE
Buyer Muit Hat Them to Fulfill
' Contracts Therefore There Muef
Be a Rise in Price and Fifteen-Cent
Market It Due Soon.
", ..New Tor prime hope, 10 eente a
pound. .
New Tork choice fcepa. tlH cents' a
pound. .
. Oregon choice hope, J1 eentS a
pound.
Coat of freight' end eommteiloaa, I
. cent a pound. " , t '
'. Total cost Oregon hope la New Tork,
1IY cent a pound. , ,
-; Difference between Oregon hops and
New Tork hope, centa a pound.
' - Difference In quality, a cents la favor
; ef Oregon hope.'
A battle for control of the hop market
la now on. The situation Is a most erlt
"leal one and chances appear even for
an advance or a eontinuance of the mar-
' ket at preaent figures, .
. The shorta are running -pel! mell into
; cover. . No Ion gee' they taunt the grow
ere with the atatement that they have
, them by the throat or to force prices
downward until they reach I and t oenta
a pound.
Try lag to Core low.
The bear operatore no longer say that
choice hops are not selling In the New
Tork market, a high as tl centa a pound.
'They are too busy for that. They want
" to cover before the market geta away
from their reach, and are striving their
every fiber to Induce the hopgrower to
let go of his holdings. ' -
Hop aherte are desperate. They "talk
no more of a price that will not pay
picking and baling ezpenaee. : They
have ordere from the head houaes to
aay nothing and secure hope at preaent
prices to fill contracts made a year ago.
' - They aee the error In preaalng ' the
, grower too hard. They might possibly
curtail the suppllea during the neat few
' yeara. That would be bad very bad,
in fact, for the shorta, but not for the
grower. Sellers of ether people'e prop
erty three to five years ahead of the
time It le produced do not want thle ta
happen. Suati a course would compel
them to dlagorge a few of the dollars
" that rightfully belong to the producer.
Bread rallaxw ef Crop. ..
Whet would happen te the ahorta If
there ehould happen- to be a failure of
'the hop crop of the world next yearf
. 'It'a a picture -that no ehort la willing
to gaa at. The altuatlon Into which
'he forced the hopgrower by his arttul
" taTeaf . heavy overproduction Is not
such a one aa he would like to be In.
Net he much rather prefera that the
. matter be kept quiet for a while longer
,ao aa to allow him to wreit still more
from the Impoverlahed produoer. -i
: The ehort la facing theae facta: On--gon-hopgrowers
are coming to- their
. 'Mneee. They are not now eo willing-to
dig-- their own financial grave, t Thy
are . holding back to see what la going
. te happen. .
' The Immense crop ef England that
bugaboo that caused moat of the grow
- ere' troubles la klmost entirely dls
... poaed of. Supplies all ever the world
have been ao ehort for three yeara that
hardly a alngle bale has been held In
' reserve. ( Evea Engl I eh dealers are will
ing to admit that. They predict that
within a ehort time all of thla year's
crop will be out of tae way..;
Oregxm Vredaeera Control.
' Here te where Oregon producers will
, come In. Aa is well known, Oregon
. produced the only actual choice hope In
the United SUtee this season. Choice
supplies throughout the world ere not
near as great aa a year ago. England
produced practically nothing but fair
prtmee te very poor mediums. Choice
hope there are the exception. There
are good brewere and bad brewere. Some
. want nothing but the beat hops, whllo
othere ere content to put any old kind of
product Into their vats.
would buy the choice grade are largely
tn the majority. . If they want thla
. grade they must come te Oregon. New
, ' Tork .can sell them poor quality hope,
"but choice hope are only grown In the
' 'Willamette valley of Oregon. Although
. California and Washington produced
", heavy crops of hope thla season, they
were not ef that quality that la claased
by the trade as "choice shippers." Or
egon hope only come up to that etan
' ; dard In fact they make a new etandard
by themselves; ' ;
Kast Sara Oregon Hope. , . u-
; With fully two thlrde of the Oregon
' . crop sold several yeara in advance nf
. their growth, shorts must have the
"shipper" to fill their contracts. Bears
that were are beers no more, according
- to their own statements. Every one
believes the market le going up Bow,
though some will not admit It
.' Herman Klaber ef Taeoma waa In the
" city a day or so ago. He was reported
to have made thla atatement:
. .' "Growers broke the market them
selves. , They sat on the doorsteps to
' ' poll." " '
Wise Indeed Is the manipulator of
hope. The trade generally believes Mr.
. Klabere firm le very ehort of the golden
. clusters. Tearing out the hopyarda
might compel the firm to pay back the
growers some at .the money eo easily
eecured during 'the past eeaaon. Mr.
Klaber did not help the market to slide
from under. The profits of Mr. Klaber's
rirrn would' be enough to laat the Or
dinary man a lifetime. They are esti
mated at only 10,009. -
Admlta JToamal Is' might,
' The Journal recently had eemethlng
te eey - of Benjamin Swars S Son of
New Tork and Salem. Here's what Joe
Harris, Oregon representative of the
fttro. says: ; i -
..---"I coincide .with .The JournaTs, state
ment that hops should be worth more
money. We are not shorts and never
were. - We elwaya have been bulls In
the hop market and have backed our
judgment by being heavy operators. We
have every confidence In the market.
V Hope are worth more money than Is
I oeing pain, i nars wny we nougnt ao
I heavily. These low prices are caused by
manipulation on the part of the ehort
seller and by the action of a majority
of the growere who sold because they
were compelled to. They had too many
chattel mortgagee on their crop te be
able te hold. The future eltuatloar Is
entirely la the hands of the growers.
It will be of their makings
'Tn my opinion the -market la steadier
with a firmer feeling. Many orders are
in the market end buyer are having a
hard time to fill them at preset prices.
Should growers' stand pat and sot let
go. I feel poeltlve we will see hops
selling at IK eents a pound In thl mar
ket before lone."
In regard to the altuatlon In the Eng
lish market, the lateat issue of the
Mark Lane Expreaa has the following.
which la of very much Interest to or
egoh producers: . - -
"Slnoe the opening of this season's
market, the borough has been golux
through an unprecedented experience.
Growers, havlnr large quantltea to
offer, and deslroua to realise, have con
stantly crowded factors' offices, and
merchants, being willing to take ad
vantage of the very low currency,, have
bought freely, eo that factors, with
their clerks and warehousemen, have
been compelled to work hard, both. early,
and late. In order to cope with the
heavy buslneaa. It Is Impossible to state
accurately the proportion of the crop
that has chanced hands, but It le gen
erally estimated that more than one halt.
and probably two thlrde, of the 105
hope have already been eold. During the
past week a alight relaxation of the
pressure is pornapa apparent, uui uii
evident dealre of brewers to protect
themselves against future contingencies
suggeats that further extensive pur
chases will be made, and that all the'
bright, healthy portion of our growth
will soon be taken ever. It Is antici
pated by ons of our leading merchant
that brewera will not suspend their op
erations until they have secured at least
one and a half years' consumption, or.
say. about 800,00 cwts. Should this be
the case, lmporte will be. required to the
extent of about 170.000 cwts.; but thus
far the prices of foreign hope, being
above our own, do not offer much In
ducement for shipment. We may there
fore conclude that the bulk of the Eng
lish crop will be absorbed before any
Important bualneaa can be done In for
eign growths." , ,
RACES AT I0NE DRAW
"BIG CROWD OF SPORTS
flniriil Tll.Mti.fc tn The lonrn.l.l
lone. Or., Nov. 17. Considerable Inter
est le being taken by horsemen In the
races held here yesterday and today.
Many prominent horsemen are preaent
and among the horses -which will run i
are Green Time, half mile In 0:48; lone,
mile and SO yards In l:s. -
A Big
Tea and Coffee
sale. Enormous :
Premiums Free,
riont miss tails'
sale. It vlll
save you lots of
...... - .- f,::-
money., ;
: "y--Great
American Importing Tea Co.
' Tlrst St. vostland.
t U WashlBftea p. J ,
Our 100 stores
help us to help you
Painting a House
Is not only to beautify It, desirable
ee that Is, but to preserve wood and
metal. Paint from our stock meets
both purposes. Another thing:
Quality granted (any reasonable test
will ehow It), we guarantee coat for
the same article agalnet any compe
tition. We want -your buelnese and
will -merit It. , v, .
Fisher, Thorsen Co.
rmovT ajtd xosmxaov its. '
Teeth-NoPain
Marvelous Is what all the dentiete aay
about the wonderful System of Alveolar
Dentistry, originated and practiced ex
eluelvely In Portland by Boston Dentists,
ItlH Morrison Street. We save teeth If
only a good root remains. We reatore
old decayed teeth to . usefulness and
beaSity, -. ...... ..i
' we replace loet or abaent teeth with'
out plates. , -
We extract teeth without pels free
of charge.
We treat and tighten loose teeth, end
soft or bleeding gums are made aeund
and healthy., .
We guarantee errr Tlatee to fit, "'
We give you the beat dental work for
the lowest eoet consistent, with flret
claaa work. Come end have free exami
nation end consultation snd learn for
yourself what we can do for you.
JrUrruHeT
Boston Painless Dentists
Sit, Morrison ., Owp. Melea S Vraak
aa roetonee. .
H0TTt aao a. m. te y. m.
tj. t .-J t is te lti29 aa.
ua-
'
mm
. . . 'i 7'
A rm
U-::-:.',-;ri'7T7'p
'lliliJj -'
. Tit U3 S!cr
C ol the Dlocli
Ilorscshccs Over C:2 ,
D - - 'i"1 , , '.
ccrs
69-71-73 Tiiird 2Cl
DehYcea Oc!i cz3
F.IXT TO 17.1TE9 STATES KAHC.U. CITH
Kiel1
1
m
Cfflf
, ". - ..', ..... -'1... ... f. .
We're Overstocked Going to Unload Our Entire Stock of Men Boys' and Child
v ,.' v. ' ren's Suits, Overcoats, Topcoats and Cra venettes
The Chicago's Policy? is never to carry over goods from one season to, anotherthat's
why this awful Price Cutting. The Chicago ; never dh ev
eryy statement made here. Read on: . .
HERTS . SUITS
To fit the slim, the stout, the short, the UU and the
TeguIaro"82-Inclrhenmeasure. Single or double
breasted. ' , ' ;," '' 1
P
(inr
For ' choice of ' 00 Tailor
Made $10 and $12.00 Suits.
' Dark or medium colors. In
all wool woolens or fancy
worsteds. New winter pat
terns. Hand felled collars
and serge lined.
Takes choice of -50 styles
beautiful new winter wool
ens, single or double breast
ed. All wool cheviots and
tweeds and beautiful fancy
worsteds in this Mot. All
hand fflidg-arrnents. Our
regular $11 and $A7J0
values. ""'
w )
For you choosing of 1.000
custom finished, hand taQ
ored $18 and $20 Suits.
Black, blue and fancy WOT"
steds, nobby plaids, neat
.... - .-:
mixtures, in all th new nor
elties. - A grand collection.
Puts " you . right ( Into the
grandest lot of 600 superbly
hand tailored Suits, Jn quiet,
medium and nobby , effects.
Tuxedos and Prince Alberts
included in this great lot cut
from our regular $224SO and
$25 values. - -
In? r 7
mijj
Take the finest Suits made,
y including all the nobby ruer
, chant tailor ' patterns that we
have bean aellin( for $27 JO and
130-00. . The new fray and
. fancy worsteds, black unfin.
lehed woreteda, fancy imported
cheviots in single or double
breasted, full dress Suits, Tux
edos and Prince Alberta in this
lot. Not Suit in this lot ef
200 but would do credit to the
beat cuatom tailor in the land
in style, material and work-manship.
MEN'S TOPCOATS, OVERCOATS
AND CRAVENETTES
; ; This stock must go and go It will a flying. Such ter
rific price slashing as we have don id this departmenflfl!
CYdaUoiLiiLbergaiaYing. -: v . '.,;v-,- -:
Toe choice of 150 Top Coats,
Cravenettes and Overcoats,'
In tan, gray and mixtures,
with or without belt. All
hand felled collars. Serge
or Venetian . lined. These
are our , regular . $10 and
$12.50 values. - ..'
Gives you choice of 350 Top
' Coats, Overcoats and Crav-
enettes ; our regular $15 snd
$17.50 values. Coats in all
colors, weights and lengths
' with or without belt. All
strictly hand talfored
throughout. You've never
TseeoTlulrvataer-T
to buy.' .
H )
Gives you choice of 50
Coats of all styles, colors and
weight ' from the nobby
Topper to the 52-tnch long
coat. Tana, grays, light, me
dium snd dark mixtures, a
display , of styles that will
please the most exacting.
Everything that we have
shown at $18 snd $20 is In
cluded in this lot.
:'.'"."'-'-. ; : ' . '
For Cravenettes, Top Costs
snd Overcoats, the choic4 of
our entire $22J0 and $25
line. Every style, color snd
weight : imaginable. ..Over.
4 coats in this lot, the vsi
riet' insures the) kind you
msy want,,- I "
(l)f)
Hare's irhere we cut ' looee.
Take you choice) of all our fin
est strictly hand-tailored $27.30
an $30.00 Coats. Included in
this Una are the very finest
black dress top coats, silk lined,
and tan or gray worsted Pale
tots. Over ISO Coats in this
line and each and every coat U
tailored snd trimmed In the
highest art ef the best custom
tailors. .
Doys Knee Pants Sg1I3
Eisrs wmB tee -rcnnss sihle
WearelKomg"idseU Boys "and Chil
dren's Clothing st less than any other
store in Portland can buy them for at
wholesale. Mind what; we say snd re
member. The Chicago is the store that
proves. We are going to -sell our entire
stock st just .-:
You take off Ons Half of any Boys
Suit or Overcoat In the house. j
81.25.. For our regular $2J0rslu
S1.43.....For our regular $2 J5 value
81.67.... ..For our regular $33 value
91.03 ...... For our regular $3.85 value
f 2.17...... For our regular $4.35. value
f 2.43..... '.For our regular $4,85 value
f 2.67.. .... For our regular $3.55 value
f 2.93 For our regular $5.85 value
83.17...... For our regular $3.85 valuo,
6 3.-43 rrrrr;For our regular t3.83valua"
f 3.67...... For our regular $7.25 value
83.93...... For our regular $7.85 value
84.17...... For our regular $9.25 value
84.43. ... For our regular $3.85 value
Yfoinfl Men's !i
We have divided the entire stock Into
four grand lots at prices that wSl brin
every youth in this town to The Chicago :
85.00 Gives you choiqe of All Vool
Suits in single or douHle breasted! that
we've sold regular for $70, ,
87.00 For choice of over 20 styles of our
regular $10 and $1150 Suits, light, me
dium and dark colors. Extraordinary
bargains. - f .
89.00 For our elegant hand tailored $15
. and $17.50 Suits, all styles and weights.
These suits will appeal to he most fas
tidious youth In the land ; th patterns
are simply grand. , - '
f 11.00 For the finest Youths Suits
- made. .
YounoLIetfsCvcrcci'j
cn3 Crovcn2e..23
We are the store for quality and sty!;,
but during thla great Unloa C r Z .' j
prices are cut to smithereens. T.'.l j t ;
word make room 'for our r.t .v e;r!
stack. 1 ' '