history of the american menhaden. 345 



August 2. 



Meubaden oil bas not come to hand in any quantity the past week, 



but, owing to the fact that most of tbe dealers are well stocked up, tbey 



are not anxious buyers, and tbe price bas not improved. Tbe reports 



from tbe fisbermen is tbat tbere bave been but few taken, and tbey 



yield a very small quantity of oil. Tbere bas been one sale of 100 bbls. 



at 33c., but lots can be bad at 32^c., witb no buyers at better tban 32c, 



for ordinary quality. 



August 9. 



Menbadeu oil is dull ; dealers, being stocked, are not anxious to buy ; 



and, tbougb tbe fisbing is reported as being very poor, no advauce can 



be obtained. A cboice lot of 290 bbls. sold at 33c., but an ordinary 



parcel could bave been bougbt at 32c., and, not meeting witb sale, was 



put into store. 



August 16. 



Menbaden oil has not come to hand very freely, but tbe supply is equal 



to the demand, as dealers have a stock and do not care to buy large 



lots except at a low price. There bas been a shipment of 1,000 bbls. 



Maine, oil sold at 34c., and 400 bbls. Sound oil, part for shipment, at 



32 ® 33c. 



August 23. 



Menhaden oil has not come to hand to any extent the past week, and 

 the sales are of only two parcels, in all about 400 bbls., for export, at 

 32c. for Sound make and 33c. for Maine make. Tbe reports from the 

 Long Island coast is that the fish are quite plenty, but tbe yield of oil 

 is so small, that there is an actual loss in the business. Tbe Maine fish- 

 ing is very good, the fish being ordinarily fat. There are offers to sell 

 brown oil here at 32 © 33c., but dealers are not anxious buyers, but 

 ■want a light-colored oil, for which tbey are willing to pay tbe highest 

 figure. Tbere are exporters willing to pay 32c. for Maine oil, but though 

 there may be a disposition ou tbe part of tbe Eastern makers to accept 

 this price, there is a good deal of difficulty in obtainiug a vessel to take 

 freight direct from a Maine port. Unless tbere can be some sales made 

 for shipment, tbere will probably be a surplus ou our market all year, 



with no probability of an advauce. 



August 30. 



Meubaden oil bas been quiet, with moderate arrivals. Buyers will pay 

 33c. © 34c. for a light-colored lot, but most of them have a supply of 

 dark colored, and are not willing to pay so ibucb. Tbere were sales of 

 400 bbls. at 33 ® 34c. and 75 bbls. on private terms. 



September 6. 

 Menhaden oil has not come to hand very freely, and the market is 

 rather stronger for light-colored oil. The trade will pay 34c. for good, 

 light, sweet oil. The sales are, 100 bbls. at 33c., 80 bbls. at 33c., 200 

 bbls. at 34c., 49 bbls. at 34c., and 60 bbls., irregular quality, at 34c. 

 for i^rime. 



