HOPS, ETC.

Nelson Evening Mail, Volume XLVII, Issue XLVII, 20 April 1912, Page 2

HOPS, ETC.

interesting; report

■'Australian brewers arc in for a. period of high prices." said a prominent operator in brewers' goods in Australia the other day. - 'Eor the whole of the current year big values for hops and malt must 'be looked for. and the position as the- year goes on is, of course, likely to strengthen".'' And he spoke truly. At the present time quotations for malt and hops arc at exceedingly high levels. The failure, partial and otherwise," of the barley crops all over the world has been the main cause of the malt firmness, while s mall crops of hops in Europe generally have directly and indirectly art'ectnl the local position in that line. Isinglass is also high. Quotations ,in view of the fact that there is practically none on the market, nor has been for some considerable time, arc for the .most part nominal. In malt, small lots of Victorian were placed during last week .at 8s 6d per bushel net. delivered on rails. There are no supplies on spot, all orders coming directlv forward from the southern maltsters. " Shipment or, English, onj the water are reported to 'be vorv diminutive. The English market, according to cable advice, rules verv firm, not only for malt, but for hops. On spot. a. few tanks are available at from lis to lis 3d. Chilian and New Zealand barley is ruling bight.r. The last large order of Chilian reported could not be duplicated at the old price. Prices for Tasmania!! hops are extremely high. For prime quality as much as Is to Is is being asked, and the demand is firm. The quality ot" this season's crop, says an Australian paper, is stated to be excellent. So uniformly good is the harvest that the quantity,lit to be classed as bakers' (lower grade) hops is very small. Halters' hops generally reach the Sydney market in 2«ll> and s 561b packets, a handy size for the requirements they fulfil. But to date prices have been almost- on a. level with the valuations for first-quality hops, so that dillicuHws loom up in that direction also. A few Kents are held for higher figures —probably 3s 6d per lb. Some of the Americans were still available, doubtless in the neighbourhood of 3s per lb., usual terms. l.tc-ut quotations were: — Brewers' Hakes: 7s per bushel of 401b.. in small lois ; 6s 6d in parcels. Hops: Kent, 3s 6d per M>. c.i.f. and e., duty paid ; Bohemian, in cylinders. 3s od. (lutv paid: American, 3s, duty paid ; Tasman'ian. Is 7J,d to Is B£d i.o.b. Hobart. Halt: English prime nominally lis to lis 3d per bushel, duty paid ; /ieiona.. 8s 3d to 8s 4d. ship's slings. 8s 6d net. delivered on rails ; Cape, 5s 6d c.i.f. Isinglass: Penang leaf, 5s 6d : Brazil lump."4s 7J,d to 4s 9d ; ljombny leaf. 3s | 6<] to 4s per lb., according to quality.