AWARD OF THE FISHERY COMMISSION. 2645 



Q. He took a large quantity of mackerel when currency prices were 

 extremely high ? A. When the price was low he sent his vessels cod- 

 fishing, aud when they were high he sent them to the gulf. 



Mr. Da vies : 



Q. I find that the average actual receipt of Mr. Noble, who has been 

 examined here for the three qualities of mackerel, were $15.34, so that 

 really you are a little below what I thought the price would be. These 

 me currency values, I suppose ? A.. Yes. 



<). You charge against these catches of 17 years for bait, &c., 

 $48,052.80 ? A. Yes. 



o. Dividing that sum by 107 leaves $450 for each vessel? A. Yes. 



(,>. I notice that in a statement concerning an actual trip you put the 

 actual stock charges down at $4 15? A. Yes. 



Q. Showing a difference of thirty-five dollars between these items in 

 these two statements ? A. That may be so. 



Q. Why did you not charge this item as $415, as was the case with 

 the ^harsalm, concerning which the sample statement was put in here .* 

 A. Of course I took the actual sum which was expended for stock 

 charges. 



Q. Then this expenditure for the Pharsalia was a little below the ordi- 

 nary run ? A. Yes ; it is below the average. 



Q. And this item represents the actual expenditure taken from the 

 books? A. Yes. 



Q. Are the items for outfits aud expenses put dowu also from actual 

 expenditures ? A. No ; they are estimates. 



Q. They are suppositions? A. They are estimates ; yes. 



Q. You have already gone over the provisions to show that the item 

 of 40 cents a day iu this regard was correct; that had reference to the 

 halibut fishery ? A. All other fisheries average the same. 



Q. You think so ? A. Yes. 



Q. At what figure do you estimate the percentage of profit which is 

 made by the merchant who furnishes the supplies ? A. I guess that it 

 is in the neighborhood of 10 per cent. 



Q. Would you say that it is above ten per cent. ? A. No ; I think it 

 would average about ten per cent. 



Q. Then on $85,386 spent for provisions a profit of about 88,530 would 

 be made ? A. Yes. 



'Q. You charge 81 a barrel for salt ! A. Yes ; that is the usual charge. 



Q. Are there- only two barrels in a hogshead of salt? A. There are 

 seven and a half bushels, or two barrels in it. 



Q. Surely there must be more ? A. There are seven and a half bush- 

 els in two barrels of salt. 



Q. Do not two and a half bushels make a barrel of salt? A. No; 

 there are three and a half bushels to the barrel. 



Q. Would you not say that there are 5 barrels to the hogshead ? A. 

 No, I could not say that. 



Q. What would you put it at ? A. 2.27 fish-barrels. 



',>. What does it cost a hogshead ? A. $2. 



Q. You charge $8,500 for salt, for as many barrels at $1 a barrel; 

 one-half of it would be profit, aud that would leave $4,250 as profit .' 

 A-. Yes. 



Q. You set down 107 bait-mills, one for each vessel, for the voyage f 

 Yes. 



Q. Do you mean to tell us that a vessel requires a new bait-mill on 

 every voyage she makes ? A. No. 



