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coast, all Of which are enga Jcd IN tiIrther-
inG its operations in that quarter. Goods
iar the trade are imported 10 Fort Van
couver directly from London, and the lurs
collected at that post arc annually shipped
To the British metropolis.


L is evident that in order 10 SUPPORT
'he machinery of 50 gigantic al establish
h5hncnt as that OF the Hudsons Bay
Company, tho proi.s Of the trade must he
immense. as is proved by is annual re-
turns The value Of iurs collected IN
1928. is shown by these returns 10 have
been @S0i,3i9 Sj. The shares of the
corporation have increased from 10 per
cent below par to i1O per cent above par,
and the business of the ASSOCIATION has
advanced to the yearly sum of 900, 900
dollars The annual amount Of The value
of the pcltrlcs exported from America by
the Hudson's Bay Company between 1927
and 1888, according to Mr. McGregor,
was one million of dollars while Mr. Wy
eth estimates the amount Of furs derived
from the territories west of the Rocky
MOul'dII'o, Wy tIC COMPANY, "t OHS h"H-
dred and thirty eight thousand dollars,
which are received for about twenty thou
sand dollars worth Of goods at the prime
cost, the services of three hundred and
fifty men, and two years interest on the
investment. The shares Of the company,
as we have seen, are worth more than
twice their original value and the latest
annual dividend on each share at one hum
dred pounds each, is stated to be ten
pounds. The following table Of the ex-
ports of furs and peltries for 1881, from
the territory occupied by this company,
we derive from McCulloch's Dictionary
of Commerce, which is extracted from the
work of MIR Bliss. This table of course
excludes the exports of the Hudson's Bay
Company of isinglass, sea-horse teeth,
feathers, goose and swan quilts, oil and
whalebone, which are the products of its
\ industry.


ErDOrts IN 1891