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Show m f CASPIAN SEA FISHERIES. liS ft t0Z I The fisheries of the Caspian sea are sf I divided into plots, most of which are f let out by the government at nuc- J5S i tlons. This year a combine was form- 4jSt ed by two firms, who bid enormous ,0J j prices and obtained practically two- rJ I thirds of the fisheries. This has great- ,t ly altered tho entire condition of tho I industry, where formerly there were jtrif a number of small owners all selling ' agaluBt oaoh other, and often forced to sell Immediately at very low pric- rtjl I es on account of their Inability to 9 I hold stocks, the business will now bo tj In the hands of large owners, who are 9M beginning to build refrigerating stor- SP! ago where the fish will be kept and 5Jjgf the price regulated. Jt is considered 9 that this will have a very widespread ,3? effect on the industry, and in all prob- S? i ability a syndicate or combine of all !5j1 tho Caspian fisheries will be formed 25j to regulate prices and output. Brit- 1?2 ish Consul at Baku. |