Douglas Island news., 1920-09-24
FUR SITUATION
 AT PRESENT TIME
The Aunahs, Gives History Of Move ment to Take Market From
 Loni0n-Resuit

A timely article in thc AunaIst Ncw York financial paper. on on,
 ur suauon gives somc oi One un. deriving causes tor Che recent slump I'm Gar prices and tells ot Che efforts ot Ono cities of America to take Che market from London and hints chat thr efforts wiu uot bc entirely suc- ccemi
 World supremacy in Che sale oi ur aimed at Hrt by Q group of Sew York dealers and tbon by a his s Louis concern. may tau short o,
 One drsrcI mark as a result or cou- uuors which havc ovcrtaken Che industry m ths country The cGort to eanu-c Che worlds trade was madc after Che war started and in- .e-lor.I uh Che London auctions A. ar economic s.en Che transfer Of thr nr.e nr aIo to ths country v.s Justified br One saving oFcc,ei I'm .r.br- Che trade to buy Ameri- can mn at home Formerly they had boon shipped to London. sold Cher. and brought back to ths coun- trr urb One added expense to buy- on. of Che double ocean Grip.
 Unfortunately Cor che promoters or tne plan to establish America as One headquarters ot Che worlds fur uaI. speculation hf Che industry as tI.I many o.bcrs .r One cytrav- aart period following Che arm.stIcc. Owing .o .br financial and business orrfuHaus ef ar save a handful Of hnr.. Che uaI October sales m n. country have now been post- rorrf .tls action having boon taken ns. u.c. to conserve Che Interests or tho domestic tufc 40 present. ms rre n.cir.I for amounts ,hat m. Individual houses cannot meet m t..n u. Che declines Chat have oc- c1-raI and Che l.cE of a ready mar- ket The nme speculation how- cser h.. ra- boon so extreme abroad. and tne London houses wu hold choir uu.I o.fober auctions. despite trr p'.a m1lc by Che Industry or hs country 10 Is Co he assumed hat London .marts n bIt from che memory or trc advantage taken o, her when thc opportunity of war Vas seized to snatch away her su- r-.mr.y Nou ste seems de,.-mln- eI that .t mn other market vI dare to hold u a.e Tor tcar Of disastrous ere.ts. s.. u.I io .o and again hayc ler prices quoted as world prices
 The decision o. Che London houses tc have ro no.ron.mert IS made over Che protest of the whole Amcr.- rrr rIrre \ .cmmH,c. ol Che .u- dr..rr her. u.tr Samuel Uumm as chairman ar.r considering ways and moan. of helping Che business tfroueH U. present crisis. passed rcs- o.uror requesting Che postpone mont o 0.tohe- auctions There resolution. u.-c transmitted to thc various a'r. companies and confer on.cs wen. hold n. which au Che auction rfcrca wore represented Thesr conference. cu'mrated I'm an agreement by Che New York st Louis. and Montreal compauie to postpone nrIr a.es indefinitely Their ac- uor was rabIed .o London wIft Che request hat Che decision there to hold aIcs br reconaicrcI The London honsas through hc.r assoc rauon. have not altered thelr stand r e thought however. that Che olanu... to Inn sold abroad win bc limited .o that prices may not sui- fer as otherwise ,ber might The countries ou enc Continent arc in uc better position to buy fur chan One trade hero. owing to exchange difficulties and Import embarroes lf b vav can be found by the Lou- don companies to prevent large de- rrro. Che city as a market win gain considerable prestige and regain per- hap. au Chat was lost during Che war;
 For 1u understanding of Che dif- faculties I'm which Che domestic iu- duary now finds ise'f some snouI- edge af Che operations by which speculation rol-shed Ia necessary Tho auction comnauIes are nsuu- Hors .o which uappers or shippers rerre runr number of trappers may eul tfe.r catches tor alc Against fho s1fc Of thce mr ta, shippers may receive advances. which pro paid u mI when the skins ar. cold Tho ar.tor compau.os rc choir revenue from Interest and handling charges and sale comms s.oH. Tho principal trouble m Oh.