Abstract: An adjustable fishing weight apparatus (10) having a rod like weight support member (12) connected to a fishing line by a line attachment member (16) with removable weights (38) mounted on the support member (12) which may be added or removed from the support member (12) when attached to the fishing line. The weights (38) have central apertures through which the support member (12) is received and these weight units are secured on the support member (12) and restrained from longitudinal displacement by a restraining member in the form of a base plate (14) and a cap member (44) adjustable along and engagable with the support member (12).