Northwest Atlantic Fisheries. 



During the first year of this program, 

 collection and publication of statistical infor- 



mation will be maintained at its present level. 

 More effective coverage of biological statistics 

 is planned for the future. 



MARKET NEWS 



The Region's Market News Service col- 

 lects and disseminates information on the 

 daily supply, demand, and pricing for fishery 

 products and byproducts. Daily, monthly, an- 

 nual, and special reports — prepared at offices 

 in Boston, New York City, Hampton, and 

 Baltimore — keep both the industry and Gov- 

 ernment informed on local, national, and 



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international developments of importance to 

 the commercial fishing industry. No immedi- 

 ate changes are planned in the present market 

 news program. Future plans, however, call 

 for staffing adjustments, improvements in 

 processing and mailing facilities, and in- 

 creased market coverage, particularly in the 

 processed product field. 



MARKET PROMOTION AND TEST KITCHEN RESEARCH 



The Region's marketing program assists 

 the industry by facilitating the free flow of 

 domestically produced seafoods through the 

 marketing chain. Marketing specialists, lo- 

 cated at Boston, New York, and Baltimore, 

 hold seafood merchandising clinics to ac- 

 quaint retailers with better methods of mer- 

 chandising seafood; assist industry in the 

 promotion of fishery products, using TV, 

 radio, and other mass media; and carry out 

 special Government-industry programs such 

 as the annual (fall) "Fish 'n' Seafood Pa- 



rade" and during Lent. In addition, a staff 

 of trained home economists at College Park 

 performs test kitchen research and develops 

 recipes, both aimed at increasing uses for 

 seafood products. 



Market research studies on a contract 

 basis will be undertaken on the principal 

 species, and increased attention will be given 

 to the promotion of trawl fish products. The 

 future program calls for expansion of test 

 kitchen research and the held demonstration 

 schedule. 



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DIRECT FINANCIAL ASSISTANCE 



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Programs of direct financial assistance 

 to the industry arc administered by the Loans 

 and Grants office in B(jston. Under provisions 

 of the loan program, funds can be obtained 

 for financing and refinancing the operation, 

 maintenance, replacement, and repair of fish- 

 ing gear and vessels and for research on the 



basic problems of the fisheries. The Fishing 

 Vessel Mortgage Insurance Program insures 

 mortgages and loans, thereby making it easier 

 for industry to obtain capital from private 

 sources. Direct financial assistance for con- 

 struction of new fishing vessels is provided 

 under the provisions of the Fishing Vessel 



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