HISTORY OF THE AMERICAN MENHADEN. 305 



buyer, and will be put in store — 50c. was bid. All tbo sales, bowever, 

 of prime lots made tbis week bavo been at tbis price. We notice sales 

 of 25 bbls. inferior at 47^c. -, 200 bbls. last week, at 50c. or less ; 60 

 bbls. cboice, at 52U.; 100 bbls., at 52|c.; 120 bbls., a,t 52^c. ; 50 bbls. 

 cboice, at 52.^c., and 100 bbls., at 52|^c. Pressed menbaden meets witb 

 a good demand ; 50 bbls. sold at GOc. Jobbing lots con be sold easily 



at this price. 



November 29. 



Menbaden bas been more active and rules very strong ; at the close 



52Jc. has been refused, but we bear of no lots from first bands having 



brought more. The sales of crude are 185 bbls, at 52^c. ; 200 bbls., 



at 52c.; 38 bbls., 27 bbls., 22 bbls., and 25 bbls., at 52.]-c. ; also, 25 bbls. 



at higher price, not given. Pressed is generally quoted at 60c., thougb 



some parties are still offering for less. 



December 6. 



Menhaden has ruled quiet the past week. We know of no actual 



sale from first bands at more than 52^c., thougb an outside party is 



said to have paid 53c.; some of the largest holders are not offering 



their stock at the present. The sales are in all 250 bbls. on spot at 52^c. 



and 114 bbls. to arrive at same price. Pressed is held higher, though 



some parties who had some before the advance are underselling the 



regular trade. 



December 13. 



Menhaden is very firm. There are few parties willing to sell at less 

 tban 55c. A sale was rumored to-day at 54c., but we know of no par- 

 ties willing to pay more tban 52Jc. ; 100 bbls. sold here at this price, 

 and in Boston 10,000 gallons, for export, at 52^c., and 100 bbls. for home 

 use, at 53Jc. 



December 20. 



Menhaden has been very quiet during the past week; dealers are 

 taking all lots that are offering cheap, and prices remain steady, though 

 no full lots of cboice have reached our highest quotations. The only 

 sales we hear of are 120 bbls. at 52^ ® o3c., and 77 bbls. on private 

 terms below the market. 



December 27. 



Menbaden has been very quiet ; those who bold stock look for full 

 prices, but buyers will not pay the advance for full lots. We hear of 

 no sales. There is a report that some of the menhaden exported is on 

 tbe way to this market again. We were informed by a party having 

 a large lot in the English market that if it did not improve in price 

 there, he would have his shipped back to this market again; if the oil is 

 on shipboard, this can be done at a small profit, taking the markets as 

 they are quoted at present. 



1879. 



January 3. 



Menbaden has improved in tone again; buyers bave been forced to 



pay the prices demanded by holders, and the tendency is again upward.. 



20 F 



