62 



COMMERCIAL FISHERIES REVIEW 



Vol. 13, No. 4 



in charge of the construction. According to him, tests made last year gave favorable 

 results and he states that the cost of the preservative to be used will average a 

 little less than 1.5 cents per 100 pounds of herring. 



The results of the experimental storage installation is awaited with a great 

 deal of interest in view of the difficulties encountered last year, when fishing had 

 to be stopped for ten days because shore installations were unable to handle catches. 



If successful, the tanks will also enable the herring oil factories to prolong 

 their operating season which will be of considerable importance to the industry, and 

 a number of such silo storage tank s will be installed along the coast, 



note: also see COMMERCIAL F I SHERI ES - REVI EW . MAY 1950, P. 78; APRIL 1950, P, 74. 



♦ * » * * 



PART CF 1950/51 WHALE OIL PRODUCTION SOLD ; Norwegian producers of whale and 

 sperm oil already have contracted to sell substantial quantities of their production 

 from the I95O-5I Antarctic pelagic season, according to information available to the 

 U. S. Department of Agriculture's Office of Foreign Agricultural Relations. Ihe 

 total vrtiale oil sold, including that i^ftiich is to be delivered for domestic consump- 

 tion, is 142,570 short tons (129,339 metric tons), lliese sales, as in 1949-5O, have 

 been arranged through the Selling Pool which has been established by the Norwegian 

 T«4ialing companies to facilitate sales on a more orderly basis. liie purchasers of 

 the whale oil, the quantities contracted, and sales prices follow: 



Contractor 



United Kingdom, 



Ministry of Food. 



Norway, Sandar Fabrikker 



and De-No-Fa 



Western Germany, Margarine Union... 

 Netherlands, Voedselvoorziening 



Import Bureau 



Svreden, Karlshamns 



Oljefabrikker 



Denmark, Dansk Sojakagefabrik A/S 



and Aarhus Oliekagefabrik A/S. . . 

 Total 



^lantity 



Metric 

 tons 



30,000 



30,000 

 12,500 



5,000 



7,500 



5,000 



88,000 



Erice 



(Quantity 



In foreign currency 

 per metric ton 



tlOO 



fclOO 

 N.Kr. 2300 



N.Kr. 2300 



N.Kr. 2300 



N.Kr. 2300 



1/ Pound sterling converted at official rate of §2.80. 



2/ Norwegian kroner converted at official rate of $0.140154. 



Short 

 tons 



33,069 



33,069 

 13,779 



5,511 



8,267 



5,307 



97,002 



Price 



U.S.$ per 

 short ton 



1/ 254.01 



1/ 254.01 

 2/ 292.43 



2/ 292.43 



2/ 292,43 



2/ 292.43 



Deliveries of vftiale oil to be made in Norway will total 45,568 short tons, all 

 of which is exclusive of the above contracts. 



The Selling Pool has sold further about 5,512 tons of sperm oil at prices 

 ranging from $203 'to $224 per short ton (L72-10-0 to 1.80 per metric ton). This is 

 somewhat higher than the prices at which the British and South African whaling 

 companies have arranged to sell their production of spenn oil from this season. 

 Tneir prices ranged from $196 to $205.80 per short ton (tyo to £73-10-0 per metric 

 ton). 



