HISTORY OF THE AMERICAN MENHADEN. 317 



bijihest that any large lots have beeu sold for. The catch is reported 

 li;;ht lor the past week. 



September 17. 

 Menhaden oil is firm and wanted, meeting with a ready sale at 45c. 

 for ni<;c brown or light oil. The fall catch cannot be determined yet, 

 but we hear that the fish are said to be wild and do not school ; a few 

 weeks, however, will determine the fall catch. Sales here : 95 bbls. light 

 oil at 45c.; 50 bbls. brown at 45c.; 35 bbls. light at 45c.; 40 bbls. at 45c. 



September 24. 



Menhaden oil has arrived slowly, and is still firm in price; but with 

 the present uncertain state of the money market and foreign exchange 

 a reaction may take place, as any wliere near present rates there could 

 be nothing done for export. The arrivals and sales have been 30 bbls. 

 at 47c. ; 120 bbls. at 45c.; 25 bbls. at 45c.; and 22 bbls. at 45c., which 

 ])ri(;e is not to be obtained at the close, and 400 bbls. have gone into store, 

 .lobbers of curriers' oils report rather less doing this week. Boston re- 

 l)orts, Sep. 22 : " Menhaden oil is held firm at 48 to 50, but no sales have 

 been made over 48. The exportatious still continue; 500 bbls. go to 

 Liverpool this week." 



October 1. 



Menhaden oil is dull and nominal; there have been fewer arrivals, all 

 of wliich have, however, gone into store, as there are no buyers at more 

 than 42c., while holders still ask 45c., though would probably shade 

 this price for a cash offer. Boston rei)orts, Sep. 29 : " Menhaden oil : sales 

 of 'several lots of 300 to 500 bbls. at 47 to 48c. and holders are now very 

 firm. The catch for the past fifteen days has beeu better and fish fatter. 



October 8. 



Menhaden oil is not coming forward, and the lots in store have not 

 been sold. The market is nominally as quoted in our list. Sales of 21 

 barrels on private terms and a report of 75 bbls. for export at 42c., but 

 we were not able to verify the report. 



October 15. 



Menhaden oil is not coming in very freely, but the continued dull state 

 of the market has caused a decline in prices, and at the close 40c. is the 

 best price to be obtained. The home trade are not in the market at all. 

 The sales are, 50 bbls. at 42c. ; 56 bbls supposed to be at 41^c. ; and 

 300 bbls. at 40 c, all prime lots, the latter for export. We learn that 

 the Maine fishermen have closed their factories for the season. 



October 22. 

 Menhaden oil is very dull and not coming forward; only 22 bbls. have 

 arrived, which sold at 40c. 



October 29. 

 Menhaden oil has not arrived freely, but with little or no demand the 

 price has fallen ott", and sales have been made of 46 bbls. at 38c., with 

 more offering at the close at same price and buyers bidding 35c. This 



