history of the american menhaden. 325 



August 26. 

 Menhaden oil Las come forward rather more freely, but has been taken 

 at about steady prices for home use and export ; at the close some lots 

 are offering, and 3U?>g. will buy nice oil. The sales have been about 

 800 bbls. at 35c. for brown, up to 37c. for light, free on board. Boston 

 reports, August 26, " Menhaden oil is being shipped freely, and sales 

 have been made at 35 ® 36c. for export. There does not seem to be 

 much activity for home consumption as yet. The price agreed upon by 

 the oil association at its last meeting was 40c." 



September 2. 

 Menhaden has been quiet, with only one lot of fair brown oil sold for 

 shipment, 83 bbls., at 35^. The other lots which have arrived have been 

 delivered former contracts. Boston reports, Aug, 31, " Menhaden oil is 

 firmly held by manufacturers at 40c., but for export a concession of a 

 few cents would be made. There has been 3,000 bbls. exported this 

 season from here, which has taken all the surplus oil." 



September 9. 



Menhaden oil has come in rather more freely the past week, and our 



advices are that the catch is better of late, and the season's production. 



promises to be fully up to last. Prices remain without change, as the 



consumptive demand is rather moderate and the demand for export, of 



late, has fallen off somewhat. The sales since our last are 600 bbls. 



brown and light brown for home use at 35 .© 35^c.; 200 bbls., as it runs, 



for home use, at 35c. 



September 16. 



Menhaden oil has not come forward very freely of late ; the catch 

 is said to be small at the present time, on account of the fish being wild. 

 The demand has not been large, and sales have been made of about 

 250 bbls. brown, at 35c. or 36c. for light ; also some lots sold at 35^c for light 

 and brown mixed. Some parties think that this oil is a good purchase 

 at the present price, and we hear of reports of some large transactions, 

 footing up several thousand bbls. direct with the fishermen. 



Boston reports, Sep. 14th: ''Menhaden oil. — The large sale of several 

 thousand barrels which took place some ten days since has had a tend- 

 ency to make the market firm, manufacturers holding at 42|c., but 

 dealers are not disposed to pay it, so no sales." 



September 23. 



Menhaden oil has not arrived during the past week, owing to the storm, 

 and we hear of no sales ; the price remains firm, but dealers and ex- 

 porters are not anxious for present wants. 



Boston reports, Sept. 21 : " There is a disposition among the manufac- 

 turers to hold oil at 40 ® 42c., but buyers cannot be found at those fig- 

 ures. Curriers are doing but a little, and do not talk as though they 

 would want much oil. Unless there should be a start in trade, prices 

 must rule low." 



