0 ""‘ THE CHARLOTTETOWN GUARDIAN """" ` SEPTEMBER A144 19114 `"`

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_ `~ |=»Ros|=»e:o"rus or

R. J. McNEILL BLACK & SILVER FOX COMPANY LIMITED I

FINANCIAL DEPARTMENT: ’ `

' COMPANY S RANCH: ' _

.- NEW BIRKS BUILDING, '- - '- . ',. '_' 2 L ; ¢ - 4- 3 PRINCE EDWARD ISLAND

MONTREAL MCNEILL TOWN

A“th°1'iZed Callital l- M- -I -I -I - _ $1,000,000 Present Issue

$150,000

' COMMON STOCK, NO BONDS OR PREFERRED STOCK TO BE ~,ISSUED. '

PAR VALUE QF' SHARES $5.0C EACH!

President: JAMES B. CHAMPION M. D` Pli ’ °

, ` ' ' : , ' ' :J B.Ch `,M.D.L F lr,Rd'lrJ

Tyne Valley, Prince Edward Island. , yuan and Surgeon, General Manager’ Fmancml Depuhnent LEO FRANK’ Montreal Bolnli1(¢llile)ill:e¢lll)dIirici:ml‘s.s Stevedspxgldver, Mained). Il1llliam(li.elll:cNei|,

vi¢°°P|`°'i‘l°“Ii LEO FRANK. Montreal. Keeper & Caretaker of Ranch: WILLIAM R. lVlcNElL, McNeil Mills, Horace Davis, “Montreal Standard," Montreal, Louis P. Gauthier, Sec’y &_'l`reasurer: RODERICK J. McNElL ‘Merchant T V ll

(MINIMUM SALE FIVE SHARES) O F' F' I C E R S

, M.D.,M.P..G ,Q b .

Prince Edward Island. , A me a ey’ ' ` “pe ue ec

The above Officers and Directors are men

Their ku '

Prmce Edward Island.

p rson means and the individual attention they are giving to this company’s interests.

CHEQUES PAYABLE TO

_ of character,~ integrity, and standing in their respective communities. They are in no sense professional promoters; most o

the Directors are citizens of Prince Edward Island.

_ owledge of Fox industry is born of personal experience and observation. They are intimately acquainted with every phase of this industry, and their confidence in its future is

evidenced by the investment of their e al ° ' ' ' ° ' ' `

R. J. McNeill Black & Silver Fox Company Limited., New Birks Building, Montreal.

The Treasury Stock (not issued) to be used in the future only for further purchase of Fur Bearing Live Stock if deemed advisable.

COMMERCIAL AGENCIES: BRADSTREETS & R. G. DUNN’S,

Members Of P. E. Island Fox Breeders’ Association, Charlottetown, P. E. I.

RESULTS OF FOX RANCHING ASTOUND THE FINANCIAL WORLD. Last Spring tho R. J. McNeill Black and Silver Ifox (lonipnny, Limited,

opened its oillce in Montreal and oilerod to the pulilic a limited amount of stock, which was over subscribed and the conipany’s stock books closed on

April twenty-seventh. nineteen-t`ourteen, _

Lack of confidence was never hotter demonstrated, when some parties

absolutely refused to take the stock, because they could not believe a dividend of even twenty-live per cent. possible.

Such a dcislon was, no doubt, the result of stock market transactions. Today, this company has over seven hundred sliareholilers, living proof

oif tho fact that they received one hundred por cent. dividend, an announce- ment made at the company's meeting held on August third, nineteen-fourteen, at Tyne Valley, Prince Edward Island.

THE McNEILL RANCH FOXES REPRESENT A FORTUNE.

The company owns twenty»three pairs of the finest strain of black and

silver foxes on Prince Edward lslnnd and it is diihcult._ lor those who have not studied the developments ot' fox i'uriniiig, to appreciate the value of these animals.

Can you realize that a pair of silver black foxes are \vortli over thirty

thouusand dollars! This is the current price for “proved breeders" that is, foxes over one year of nge that have raised litters. in some cases forty thousand dollars have hecii paid for ii pair of proliilc breeders, aint this is not considered unreasonable, i`or it they raise tour pups por year, estimated at

twelve thousand dollars per pair, there is a hiiiidsoine annual return.

lt is impossible to write upon the subject fairly and be considered truthful.

To give the prospective purticipaiits any idea of llie great care and_nii.on-

tion exercised by the lt. J. McNeill Black and Silver Fox Company, Limited, t\venty~t\vo _voting pups, without. a single loss, were added to tho conipany‘n assets for nincteen-fourtecii, and as a result of a dividend of one hundred per cent. accrued to each and every shareholder. Can better demonstration be given to the thrifty? ‘

SOME HESITATE AND LOSE-HERE'S AN EXAMPLE.

Last April, during tho time that the local papers were carrying the com-

pany‘s advertisement an oilicial of the company was culled up by ’phone, and the question asked, “What do you think of the possible dividend in the McNeill Company, as I have a widowed lady and she wants my advice before investing ilve hundred dollars."

"Well, Mr. ‘So and 'S0' I think you can safely figure on forty por cent. and

probably ilfty; still I tlilnk you can figure on forty, to bo absolutely saie."'

“All right, l'll tell her. Of course, I wouidii't like her to take any chances."

Tile idea of receiving forty por cent. was too great. The gentleman re-

ferred to lacked int'orinalion ond general knowledge of Canadn’s great monop- oly of tho world‘s inost valuable furs.

Imagine the surprise of that gentleman when, later on, he was advised

of the uctnnl dividend i1c0iui'eil: vis. One-hundred per cent. The widow lost. Tho friend, however, iueaiit well. The old adage. “Knowledge is Power" may well be applied to ull who know the stability and revenue results of Prince Edward Island Fox ranching. NEXT VEAR'S DIPIDEND WILL. N0 DOUBT, PROVE A SURPRISE T0 THE ....1~‘iNANciAi. \vonI.o. . . . . . . . . . ...

The McNeill stock 01’ breeders amounted to only eight pairs prior to the

breeding season of nine teentfourteon, ami what was the result? One hundred per cent. dividend on a capitalization of $176,000. Imagine tho dividend to bo distributed in September, iiliieteen-fifteen, from the progeny of twenty- three pairs of the iinest foxes in the worhl.

MANAGEMENT MEANS MUCH.

This company‘s president, Dr. (lhanipion, of Tyne Valley, Prince Edward

Island, has mails a life study of these animals, and it is largely cue io his untiring eliorts, aided by ranch manager McNeill, that the coinpiiny holds such n world~wide reputation.

The Island aullioritics, and the Government. In 'tiirticular draws n. largo

portion of its revenue from tho fox industry. and every precaution is taken to safeguard it. Foxes are registered according to classes. All the McNeill ranch foxes are "Class A" the highest registratloiifa fiict substantiated on application by anyone to the Government authorities oi’ Prince Edward lslniid. EXPLANATION OF HIGH DIVIDENDS IN FOX FARMlNG._

Silver block fox raising is the most lucrative business in the world today.

The industry although yet in its iniiincy has been successful beyond even tho most snnguine expectations. To minds uceustomeil to only the conditions which govern proilts, i`ur farming with its proht of fifty per cent. dividends seems like u wld-cnt schenio.

Tho word "divideinls" to tho ordiiinry business man suggests, as rt rlilo,

an industrial concern, with ii large and expensive plant. an army oi' laborers and clerks, together with taxes, wear and tear of nincliinory, insurance, ad- vertising und outhiy for it-nei'al ninnugciuent. Hauer these conditioin in- crease oi‘ wealth is n slow and pninflll DPOCUBB-

In breeding operations. conditions nm different. Here all these sources

of expenditure are oliiniiiuted and the high dividends explained in terms of natural reproduction.

li' some Ciiptniii of Industry could, by ii process of alchemy discover o.

method oi' production whereby in the space of one year a manufacturing con- cern would be nblo to create ii mass of wcnlth double or treble ilie value of the original phint, we would have a state of industry somewhat similar to

in .

mx rgillide tlhe proliilc straliis of foxes raise litters of four. five, and as lijgh as seven, it is quite possible for ii fox company to have nt the end of n breeding season, three or four times as many foxes as it started with.

it is practically inipossible to enter upon the manufacturing business

with the ownership of, say-a $100,000 plant and to have at the end of one

year three more similar concerns worth $100,000 each.

The $150,000 worth of stock now offered by the R. J. McNeill Blaloit and

Sliver Fox Company, Limited, which paid one-hundred per cent. for the season of 1914, is to be offered and sold at par $5.00. ... ...

- . ' INENT MEN ENJOYING FRUIT8 OF FOX R`Ai ING

cANITD¢eIeiI';3<?ertFi,int(l>ird1Princs Edward Island records and advsrtlr.euIenta bp ll; d over the signature of Premier Mathisson we limi the following:

Du Bl Blionor Lieutenant-Governor, Hon. Benjamin Rogers.

This Minister of Agriculture. Iflon. Murdock McKinnon.

The Minister of Public Works, Hon. J. A. McNeill.

The Hon. Charles Dalwn-

The Hon. John ABIIBW- The Hon. John Richards.

S" Loma Dairfiedrominence have taken an aotive interest and it number

of ¢|§;g godiliflgiiien are acting as directors and many more are to be found as rmad com anies. P"°"d°“°° i"pmglfxrBsclt'i:tl-lA!N)oa ouo1Pso m¢Nsu.i. an/mas Ar NINE P' I' m'rId‘Li.Ans Psion ro 'rl-is oiviosuo Annouuczwisur.

|c,||y impossible to buy any shares of the stock sold prior to

It I' prim; nth iiIneteen~fourtoen, and bt' ICU!!! 68111111! IIDWOP it il

Apr" “auth-8l?1Ia‘lll shares will be avaliable next summer at twenty dollars- f':'f:;h:,,l»'.i, si Premier Asquiui of Gi-eat Britain, “wsu and sn."

FOOD FOR THOUGHT IS HERE CLEARLY DEFINED.

Not many years ago on the great West prairies, hundreds oi'_ the noble

buh`ii1o ronnicil at will. and owing to thc uiijiistiiiablo and indiscrinliiiate i,lau;.:litcr ot the days gone by, only the remnants ot' this noble animal are to be i`onnd in protected reserves.

Then again, don’t overlook the great lIudson’s Bay (ionipany, almost the

oldest und richest corporation in the world. it practically controlled the vast Doiuiiiion.

liudson's Iiay posts were scutteroil ilirougliuut this I’rovince, even at

Lnchiiio, t`oi' the purpose of iw-voiviiig |`urs i'roin animals now priictic-ally cx~ tiiict. Today their posts are io be found in l'nguva, Labrador, aild all the remote parts of (lniiadn, far from civilized centres.

The millions paid to their l`ort\|nate slinreliolilcrs were derived from tho

very t'ui'-beariiig aninials that this coinpany is so siiccussfuly propagating on their ranch ut l\IcNeill's, i'i'int~e iildward island.

The demand for foxes for breeding purposes has been so great that not

one pelt was sold for coinnierciul rcnsliiis.

The doinaiid for breeders i'ar exceeds the supply, with the result that the

fur was at ii preniillni.-i`iostoii ltccord.

A fox can be fed for a year from $5 to $15. Iiivhlonds paid by most of tho Priiico I-Edward Island ranches for 1914 have

been i`roni 40 per cent. to several huulli'ed per cent.

Tin- lt. .i. l\icNei1l Iilnok and Silver Fox Coiiipuiiy, Liniiicd, plan to liave

tweiily»tliri-0 pair of silver black foxes oi’ the best pedigroed and registered stock, ol whicli i\veiiiy~tlirco foiiizilcs und eleven nifilcs are iio\v in the ranch und o\\'noil by tho voinpziiiy. A siiilivioiit. amount has been reserved in tho treasury to purchase the roinniniiig twelve nialos as soon as a choice lot at reasonable figures can bo obtained.

` The coinpiiny owns ii line 211-acre i`arin with farm buildings, including one oi’ the most modern und up-lo-dulo i'anrlios on tho island.

It has an oxpcriciiceil, honest and carcl'ul keeper, upon whom so much

success nt' the company dopeiuls.

In its iiiniiiigoiiioiit it has strong mon \v1io are tliorouighlv to t '

` . . , _ _ 1 nversan uith

the business, which bosponk good dividends lo the storklioldcrs

its authorized capital is $1,000,000 divided into sliares ot' $5.00 each. McNEILL FOXES ARE STANDARD.

The foxes are of the best. strain oi" i':in<'li-liri-il aniinnls, ooining from such

stock ns Ihillon, Tuplin, Gordon-'l`uplin, llaynt-r, Oultoii and tiliiinipion und registered on tho hooks of the 1'. lil. island Fox liro0iloi's‘ Associatioii.

Those :iniinals cunnol be excl-lloil aiiyiviiore l`oi' beauty and lusiro: and

are hound to be in great di-inniiil, i'i‘oni ai breeders point ot' view ns this great industry becomes more hiiown. \

SOME IMPORTANT FACTS ABOUT THE SILVER BLACK FOX INDUSTRY.

The iirst Island ranch was started with two pairs oi' Anticosti Silvers,

bought from a. lrapper for cxperiniontul purposes solely, and same proved so Sliccessihl that tho fox industry started to be developed.

in the ycnr 1010 it pair of brooiiors coiihl ho bought. for $4,000.00; in 1911

the price went to $0,000 ii pair, during 1012, n pair at $10,000 was consid~ ered high but not uiiusual, and at tho time of writing (Aug. Illst, 1914) iivo breeders <-an bring ony price from $20,000 to $315,000 accordinr: to l`ocunditv mid options on the unborn of ne.\'t. your are selling from $12000 to $15 000

About $15,000,000 is said to he invested in the fox industry in Prince

Edward island, sliowing ii gain oi` over $8,000,000 inside ii year.

Oillcial returns for the present your show that the 277 l`o.\' runclies on

tlisllslliiuilbcoiitiiiiiiflllii silfyer iii-eciliiip; foxes (441 males and 458 feniulos). The

z nn or o s vor o ‘siriivs 1' i' 191:: ii ' . . ,

value was $4’S92_53 per fmt. is 0 \\ is 70.3 and the average ussei-iscil

The total valuation of the young silver black foxes for the current year

. r - 1- , f . 1- tsn.;li;i\ét)2$o,.i49,449. lhe total nuinbci- ot silver foxes in the ranclies for 19111

Pelts from rnncli-bred Prince Eiliverl Isl i il - V

at tho London auction sales as high us l$2.<i2{.:ixll0 S vcr mud: foxes have bold

A recent writer in the Ilosion 'i‘raiis1'i'ipt had tho i`ollowin

_ ,, , ' _ - . g to say of fox

:)llll;‘iIi;1‘ilrll1lii;li' has .ii ri_ve<l licczuiso _fur trapping has exlciisivoly fiiilcd,

. . . . .. inpor a. t. ' .

books of nm Hudson Huy Company. ons o london lun fnrnislieil from the

'l‘hat greatest. ot fur inurkots received 1" "01 fi ' I ' sl' - '

S1097 in isos; in 149,908 in |800- 1 210 f“~`"' lf 5"” S '.f'.- L-"0' .mhm ‘". [muy mmng to 44,608 in 1910' . 0 ,740 in 1881, to 214,007 in 1590, grud-

imIm;!:2‘n::;'l=;ff;§f;2;?q<h£inesliéiggilniost all iurs are recorded.

- ¢ . .en ..`, 31,; . -

for $632.00; in 1906 for $]‘557‘00’I in 1(nt0iif(l;< sl.) lux pi lt sold in London

(lonscquently incentives t f 11* ' M M . . _

ond cnn' scarcely be much iliniliils(li{orl'IIifnlllx1r» i:ir‘ld<fli<i2creascd' nm mcrensmg'

The ni i I i THE RANCH'

Prmcc Couzllc; sn i;'~`i:':i’t;i;:lilIi‘ylsiti1:ite<l in n liardwood grove at McNoill`s Mills. nlevu" “cms ~n»u_m mm] f lit wlardl lslaiul. it consists of iivo-iiundred and um fox rmwh is lovmcd- flnllzq iiiilng? and keepers lodge, upon whicli farm is n. very secluded rt id isol ` - ('0n spot mm' (ml~n0t lm surpassed ns it is

I atei l . l i .

the iintural linunts of these uiiiriililslllloillillh lzxyrroumilngs mm almost smmmm

W I '- » Y pn contains u'number oi' trees, as Veer; .very important factor n_nd ii. matter that ig foxes rciuiiro ri little grllsq t. D"r|tnn('p.d mx brflcdpm' mmm m me met "mt shelter during the hot sc-‘as 0 on omlnsmnnlh' ml Wen ns shade "ms mr

on, to make ihein henltiiy. Again them nm fm,-W

heirs, nod each is large and cniniiioilloiis, being 28 ~< 40 l'i-<.¢'.,,,,, ,.mm,rm_m'h unter I io latest mid most cillcient iuethoils. The inside fenc. I fox pens is made 0, l - . e embracing tho

Wife Und" Brotilldfalillieeliriliiliilss tgomilglifiigllt“tM.cel{;AiEl’i0fgrL)‘"lil' and 14 guage three feet Ullilef ground to hard pan. The trench at tin ll Ove ground and feet wide on which is laid n carpet of wire covered itlm lmtmm being [W0

tho ground, and on the top ofthe pens is aiiloverliuiigtf \lvi(renl,\\}i? atitig lem!! (lg feet wide. thus °“e' ‘H sure' doubly 8"r¥;\’H§:gEp;tl;rr;i;gs§l1»1;iggutl $1 ti-iscnne. but in orrler to make consrt_i;]uet:t:;i, onlililmllar lines to the pens. u “Md f°"°° 11 feet high

8 I1 eye are s x feet .

gens’-( T118 k0€D8r’B house is insillzzzdolfhl3hI>nl:dIarl:ll(i‘l\ln|:‘?»vei'llnfIeiiii lmwleeinllvho is eeper can see all ' ' i 0°” 0 -IM without disturbing the"2'°,IP;:5f(;l,;\‘:‘;x`::ux(§ watch and study his animals mstead or m the pen’ enames um koepeé to 1;!! ocnted In tiio side niloys. with the least possible interference with tho I C mm “nd examhm the h°"s"" 1, “md mth an modem cnnvelliencés (_nk`“?t:t¢%Bi Tho interior of the ranch injury and disease' There is n fox hmml, G1 that to insure the foxes from averale size and double liooreil, inside of whl I? side may of each pen" nf Doses, each den being lined with materi I t C 'B 8 dm for breeding 9"" modem vsntilators so arranged that the B hat absorbs “H "'°"t“"°~' with gon ,.equ".e._ to sun the changeable Mn Y 11:19)’ be opened or closed as occas- om, of the mo" modem “mmry and 1381> eric conditions: in short, this is Province. Ht constructed ranches In this

THE cAnsrA»<sn

The ¢0mDany has secured th '

in Prince count , ° ”°""°°S Of Wm- R. McNeni. of W t n a valuable assstytoatglemllogtcgnpedlience in the f°x llilsllloss. which ieiil its+(;lvi'0lll no inns satisfaction in snort il) isyinmillitiilim mu" mr’ Wu” " “ “’°"“¢ ef

_ ' fl guarantee to the shareholders

that their interests will bo ciiri-i`\ill,\' :ind well looked ai`ior, \\_'c doubt ii' il10I'0 is any nian in the l‘rovini-o In-.ltvi‘ qilaililiwl to till such :L 110-\`|llU1\' "WI *`V""5"

one who knows him has the niost. iiiiplii-1_1 coiiiiilviii-s~ in hinr both iii iw-;;:ii~ii _to his experience und ciliiciciicy in tho business, ns well as his honesty and in- tegrity as u nian.

...__

c-

COMPANY'S PHY.i1C|AN. _ 4

Dr. Cliamplon, the prosiiloiit oi` the coii\|i:iiiy,, is ri coiiipoteiit pliy.~'ioiiii\

and surgeon, who has had ninvli c-\'|u-riciivo with lin- :list-;i:u».~= and li-clilni; of foxes. lie will he in close ioilcii \\'ii|i ihi- <';ii'i-;ni.<~i' who \\'iii lizivu thi: lu-iiiiilit ot' his advice. \vhii~h siioulil inonn stron'.r, iieuliliy :1|ii|n:ll::, and the conipany is fortliiinio in having so i~onipi-toni ai man upon its luiziril.

THE FUR QUALITY OF THE P. E. ISLAND RANCH-BRED FOXES. The enterprise oi' tho I-‘ur ii';ir|u<-rs of i’rin<'»» iGd\\'.ii'il islniiii and their

patient and skilful attention to the :ii-mils oi` si-ioiiliiiv im-I-iliiirr, hxivi- gi~:ul~ ually brought. this, the siiizillost pi~o\'iu1‘i~ oi' the lroininioii el' <'.lii;i<iu to lho position of being the \\'or1d`s chief prodiii-or of lui*-l\r>:ii~ii:g aniiniiin iii rnp|ivii_\'. Dalton and Oulton, the l’ioiici»i'.s iicgaii e.\pi-riiniiiiiin; with ihv iiilver iliur-k Fox about ri <|uzii'ler oi' :L century uno, :ind today, it is os-liiiiziti-<1 that tho live foxes in the i‘aiir‘lir-S on i’rince iiZd\v;ii':l I:-luinl :ire worth inore than all the other live stock in the l’I‘oViIi|‘l‘. 'l`1inl, the iiiiosi l`iii‘s h;i\'i\ voinc from tht; tlescciiilaiiis oi’ tho foxes i'iipt\iri~<l in l‘rin<-0 l-1dw;ird isliiiiil is proved absol- utely ironi iigurcs szuhinitti-fl hy the lioinlou 1-‘ur lloxi¢:o_t‘. Ni lniiiiprfoii .\" ('o_ Not only has caroilil si-lor-iioii and judit-ioiis milling iiiip|~o\'ofl the iihro of the i`nr, bill the foxes are better iii 1-yi-ry res|n»f-t, in viullr 0|' hotly. in pigiiioiiln- limi :ind lexiiiro ot' poll. “'l`iio ininiiiaii1»~ shill, o|'iy,iii:iii,_v and good inaiiingo- ment sliown by tho l’i<>iiour iidaiiii i'ux~inNi :ire sliox-.ii in the quziliiy ol` ihe. pro:~u\iit. i'ox-polls \\'1ii<'h liave soviiri-<1 the \\o|'hl`s lilniit-si. pi'ir-.os for iioili siiigli-_ skins and poll. <'o1lci'lions." t"'1`lio (liililvii l'e11," 10121.)

“'l‘iiere is not in its wild stale in this Provin:-o any i`o.\' no him-k :is the ones

I have developed." ((‘harles ilolton in (’onip:iny's Aiiiinri ltr-poi'|.1

No doubt as held by experts, the i|ioisturl» oi' the ciinmlo :intl the absence

oi' :ilkulics and liine in the soil ol' I’rini'e liidwzird islzind are i';i<'t0i's wliich ail`ect. the quality of tho |`ui'. “A 1-old raiiiy sousoii will pi'oiiiii-»- lioitor fur than ai dry one. The if-ss sunlight the lwtioi‘ the instri- :ind tho ilziricor the fur. Our island cliinato is cool and the i-hanges li-:as marked than in inland regions." ,

HON. MURDOCH McKlNNON, COMMISSIONER OF AGRICULTURE, CHARLOTTETOWN. P. E. I. (l~`roin tho lust .\iin|I:ii iti~|nn~i, lion-_ 1017!.)

“Tlic several iuldilions to our i'oi'-l':\i'ini|i:r :lrli\'itii»s will odd new iiitercsi.

and iinportiiiiro lo our posilioii :is li--:i<ii|ii:ii~li-r.~; oi' live .sil\'~~r i'o\' industry in (‘aiindu and the \\~oi'l<l. Anil il is to in- ohsi-r\'i-ii that in i-in-ii ot' ihoso new lines ot' for proil\u~lion ihcrl- inusl iii'-vitiilily he ilrst oi' all ii yi-ry liiivmtivo sale oi breeding stock boi'oi~i- settling: do\\'n to thc .stable and ri-iiiii|ioi‘ative pro- duction ol' niorr-li;|i|ta1ilo i‘ui‘. '

Those host a<'l|ii:iinli-il with the situation liolievo that i`nr-i`:iriniii,1: must.

he in the i`ut|irc it cri-:it \\'orld iinluslr_\', and it is foriuniili- iinlevil lhnt l’rini-e Edward island has I»o1dl_\' viili~l‘i-ii this iioiri oi' induslrilii at-ii\'i1_\' wlliie the enterprise is yet. nr-\\' and wliilc tho rowiirils are so great und the prospects so bright as they are at tho |ii'1',-i'|it linie.'

SUPPLY AND DEMAND.

The i`ollo\\'ing' two taiilvs propiiroil hy .\ii`i'i-il li`rr\.si>r. New York, hnsod

on the London sales oi (‘. lil. i.:iinpson & (‘o., ure sl1_':i:i‘sti\'i~. (I-‘rom “I-‘nr Furiiiiiig in t‘iuiail:i.")

INCREASING PRICE OF PELTS.

1802-1901 1002-1011 1802-1911

Kimi of Skin over ovor over

1882-1501 ]1<lllZ~ll|01 ]S\2-lSl)1

Fox, Silver _... . . 1-35 55 1100 lilaricn, l‘iiie . . . . 470 I5 [|140 l<‘islicr or i‘ekun . 4510 4210 Mink . . . . . ... . .. . 00 150 3100 Skulik......... ......... . . . . .... 20 110 150

_ DECREASING NUMBER OF PELTS.

(Stall-nicht based oh iho London Solos ol' t`. Ai. l.:iinpsoii .Q tio., by All'i‘ed

i~‘i';\st\r, .\'<-\\' \'oi'k.)

i’i~i'w~iil:ii.'e lh\i'i'i\:i'<|‘ in Nliinbi~i'.=l 1.\`1lZI»l!l0l 1002-iflll l.‘\`l|II-illll

Kind of Skin o\'i\r mu-i' ow-i'

ISS!-|8111 185|!-15101 l.\`.\;l|.\!I1

Fox, Silver . _ . . . . . . . . . . . 10 -17, F-0 Murtoii. l’iiic .. ._ . :I5 5,5 :o I~‘islii\r or i’okun . . . . . 5 SIT. £17. lViiiil<.... .. . 75 55 ‘_’0 Sltillllt .... 30 55 100

The supply of silver fox skins it sooiiis, has iiillon oFl` :'»0 por cr-nt. durim:

the past twenty yi-urs from 1802 to iilll and ilu: priivs hn\'0 iiu~ri-ascii .'l00 per cont. since 18112. This 4-oiiviiii~ini:l_v sliows how ini' the fox i`i|r market is i`rom being iulciiimteiy siipplivil. Tho only way the d<-inzind can be silcccss- fully mot is to iloliicstieaio llii-so vlilunblv fiir-In\:ii~ii|;: aniinuls.

RISING PRICES OF FURS.

The followinfx lable is token froin tho work of ldmil llrass the fuinous

Germmi atutisticaii: =

ISS() 18110 III00 1005 11108 111011 11110

Silver Fox .... ....$032 $.\Tti '.‘.\;': 1070 2221s i.’»o.\’ L'lI~_'.\: Sea ()iii‘r .. LSI.. 778 1302 illil l.\`i1I 1702! Nhirinot .. . .. .I0 .12 .112 .411 .lil .oo Stone Marten . . . . . . l.<iIl 2.130 $1.221! 5,23! 0.10 0,00 Persian! . . . .. .. . . . . 2.06 2i.0!I 4.1;! »1.Ii~I 5.15 0.70 Skunk, best lot . . . . . . _.07 3.30 4.40 700 Japan Fox . . . .. .Sli 4.05 Japan Morten . . . . .. .35 Ilsi B. Chinchilla . . .711 .116 2.0:! 0.7:: Wombat .. . . . . .12 _:lu .T1

Kangaroo .. . .. . . .. 08 .50 Wiillaby . .. .08 .50 .20 Aus. Oppossum . .. .10 .UN .T11 .97 95 Muskrat . . 15 .22 .I0 .17 .41 .47 ,R7 Mink . .. . . .. . . . .71‘ 1.031 2.58 4,40 5.25 5.01. 0.34 Red Fox. l’... E. I. .. .. . "' 2.02 9,00 7,4‘i 9.23 1/1.00 10.55 Lyllk .. .... ,... 5.73 10.80 111.15 15.00 1112.00 210.145

R. J. MeNElLL BLACK AND SILVER FOX COMPANY, LIMITED, MEANS

SUCCESS IN FOX RAISING.

This company never asked the public to contribute one dollar lo ninko

it what it is today. Only after sponding i-onsi<lornlili- inoni-_v by a low serious minded business men to inakc thi- ranch a siici-oss, was the opportunity given thc public to share in the Iiiiprovvilciitoil iinnnclul ri~iurns<. ’i`l ' -

io pioiircrs of

the company finniiccd iho concern porsonnlly until sin-ci-ss was nclilovcd lin liii. \ \

w r crcnt io the innny toiiierns asking for support, with not even ri sin;

glo fox in their possession, only a gilt-edged prosipcctiis, filled with visionary clauses, etc.

Tho shares ni' stock are par, five dollars I-acli (uilniuium sale ilvc shares).

Send all enquiries :ind applications to R. J. McNElLL BLACK &. SILVER FOX COMPANY LIMITED, Financial

Office, New Birks Building. Montreal.

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