HISTORY OF THE AMERICAN MENHADEN. 357 



eels have been taken at previous figures, and we Lear of sales of 250 

 bbls. Sound oil at 44i- © 4.5c., IIG bbls. at 444c., SCO bbls. at 4oc., and 250 

 bbls. at 44 ® 45c. The close is rather quiet, as but few lots are ofi'er- 

 iug. Bleached is held at 53 ® o4c., with sales of 50 bbls. at 53c. Bauks 

 and Straits quiet and steady at 48 © HOc. 



A correspondent from New Haven, under date of November 12, says : 

 " Fat menhaden were caught the first week in this month, but owing to 

 the strong winds and stormy weather the aggregate was quite small. 

 Last week gave but a small quantity and they were quite poor, about 1^ 

 gall, to the thousand. This week will close most of the fishing unless there 

 is a change in quantity and quality. The fishermen are greatly disap- 

 pointed in the result of their fall work." 



November 21. 



Menhaden is strong, as the catch is now said to be about over. There 

 have been sales of 300 bbls. crude at 44 J '2) 45c. Bleached is jobbing 

 at 53c., and a lot of 50 bbls. sold at this price, GO days' time. 



November 28. 

 Menhaden is firm, and prime light oil on spot will bring 45c., at which 

 Ijrice we heard of a sale of 100 bbls. ; also 228 bbls. to arrive at 44|c., 

 and 78 bbls. brown, on spot, at 444c. Bleached is in fair demand, with 

 prices ruling about steady ; CO bbls. sold at 53c., GO days. 



Decemrer 5. 



Menhaden oil has ruled vejy firm, and there has been a good demand, 

 with stocks in the hands of the dealers not large. The sales reported 

 are 500 bbls. at 45c., 250 bbls. at 45c., and 280 bbls. dark at 44c. 

 Bleached winter is selling fairly, and we note 150 bbls., at 52|c., with 

 some now asking an advance. December 12. 



Menhaden oil is steady, but very quiet. The offerings are moderate, 

 but buyers are not wanting any, except very choice of the last catch. 

 "We do not hear of any sales; prime would biing 45 ® 45^c., and choice 

 light-colored 46 ® 46^c. Bleached is steady and in demand, with 100 

 bbls. reported sold at 52^c. cash. Bank and Straits are in light de- 

 mand at former prices. December 19. 



Menhaden oil is firm, and the lots coming to hand are readily taken. 

 There was a cargo in last week, about 500 bbls., 150 bbls. of which sold 

 at 44 © 45c., 100 bbls. were delivered on a contract made early last 

 summer at 33c., and the balance went iuto store. Bleached sold last 

 week at 52^c. December 2G. 



Menhaden oil has been rather quiet, with a few lots coming in. We 

 heard of a sale of 128 bbls. at 44c., bat the price generally quoted is 

 45c. Bleached^s stead}", with a sale of 50 bbls. reported at 524c. 



January 2, 1878. 

 Menhaden oil has not sold since our last report that we hear of. A 

 lot could not have been sold at its real value. We understand that 45e. 

 is about the price dealers have marked their stock in taking account. 



