The fishing weight comprises a hydrodynamically torpedo shaped body, having fins to impart hydrodynamic stability. The torpedo body has a constant circular cross section and a rounded nose and an aft end which is downwardly and rearwardly tapered to intersect and blend with the fins and sinks quickly to a desired fishing depth. A suitable fishing gear attachment means is placed above the centre of gravity of the fishing weight which permits the weight to be towed by the boat and also permits fishing gear to be attached thereto by suitable means to extend rearwardly of the weight, which when struck by a fish creates an automatic hook setting action.
