Publisher's Synopsis
Excerpt from Economic Survey of the U. S. Fisheries in the Passamaquoddy Region, 1956-57
The weir investment is obtained by adding the capital value of the weir to the inventory value (table In 1956, the average weir investment was in 1957, it was The average gross income per weir was in 1956 and in 1957. The net cash return per weir was in 1956 and $829 in 1957. Average expenses for 1956 were $622 and for 1957 were $649.
Table 4 shows the nature and value of the gear that is associated with weir Operations; that gear has also been entered-in table 3 as Inventories. Boats, scows, rafts, seines, pile drivers, and shore equipment are all necessary for the Operation of the weirs.
About 40 men engaged in the weir fishery, and most of them were between 55 and 65 years old. Only one was less than 40 years old. This may indicate the marginal nature and limited future of this fishery.
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