history of the american menhaden. 355 



August 22. 



Meubaden oil is not coming in, and the price is very niucli ln;j;her, with 

 one sale of 100 bbls. prime at 3Gc., witli other sales of 230 bbls. reported 

 at 35c., which price will now be paid. 



August 29. 



Menhaden oil scarce and higher, with exceedingly small arrivals, the 

 Maine fishery being very i^oor, and Eastern dealers drawing their sup- 

 plies from the Sound catch. We are receiving very little here, and our 

 dealers are short of stock. The sales reported since our last are 128 

 bbls. brown at SCc, and 75 bbls. select light at 3Sc. Strained and 



bleached are higher. 



September 5. 



Menhaden oil is scarce, and higher prices would be paid for lots, but 

 there are none arriving. It is difficult to say what could be obtained, 

 but probably 38c., though some dealers say they would not pay more 

 than 35c. If the present scarcity continues prices will go above 40c 

 very soon, 



September 12. 



Eastern buyers are visiting the Long Island Sound factories, picking 

 up all the menhaden oil they can find. Makers are, however, generally 

 holding for higher prices, expecting to get 45c. soon. One lot has been 

 sold equivalent to 42c. delivered. 



September 19. 



Menhaden oil is scarce here, and there are no sales for want of stock ; 

 prices are nominal, but a lot would jjrobably bring somewhere near 45c. 

 if nice. We hear that 500 bbls. sold in New Bedford at 45c. cash, and 

 300 bbls. at works on Long Isl'd at 43c. Bleached oils are higher, and 

 250 bbls. sold at 50c. 



September 2G. 



Menhaden oil is not to be had, and though a higher price would be 

 paid, we do not know what it would be. It is hoped that fishing will yet 

 be good before cold weather sets in. There has been a good demand for 

 bleached, which is now higher also; sales were made of 100 bbls. at 51c., 

 and 50 bbls. at 52c. 



October 3. 



Menhaden oil is still very firm, and the lots coming in are readily 

 taken at high prices. The last catch of fish at Maine was good, but all 

 except two factories were closed, and the make was consequently small. 

 The fishermen are now at Provincetown, awaiting the fish as they go 

 down the coast. It is hoped that the catch may yet be good, but it can- 

 not make up the deficiency. The sales reported here are 215 bbls. at 

 44c., 100 bbls. at 44c., 100 bbls. resold at 44c., and 120 bbls. at 44c. 

 cash; in New Bedford, 300 bbls. Maine at 45c., 250 bbls. at 45c., and 100 

 bbls. at 45c. Bleached is firmer and in good demand, with sales of 250 

 bbls. here at 52c. 



October 10. 



Menhaden oil is still in limited supply and firm in price, though we 

 are reported sales by one party of 300 bbls. at 43 ® 44c. We know, how- 



