M'Dougal, shortly
after concluding this agreement, became a member of the Northwest
Company, and received a share productive of a handsome income.
* Not quite $40,000 were allowed for furs worth upwards of
$100,000. Beaver was valued at two dollars per skin, though
worth five dollars. Land otter at fifty cents, though worth
five dollars. Sea-otter at twelve dollars, worth from forty-
five to sixty dollars; and for several kinds of furs nothing
was allowed. Moreover, the goods and merchandise for the
Indian trade ought to have brought three times the amount
for which they were sold.
The following estimate has been made of the articles on hand, and the
prices:
17,705 lbs. beaver parchment, valued at $2.00 worth $5.00
465 old coat beaver, valued at 1.66 worth 3.50
907 land otter, valued at.50 worth 5.00
68 sea-otter, valued at 12.00 worth 45 to 60.00
30 sea-otter, valued at 5.00 worth 25.00
Nothing was allowed for
179 mink skins, worth each.40
22 raccoon, worth each.40
28 lynx, worth each 2.00
18 fox, worth each 1.00
106 fox, worth each 1.50
71 black bear, worth each 4.00
16 grizzly bear, worth each 10.00
CHAPTER LX.
Arrival of a Strange Sail.
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