ALASKA FISHERIES AND FUR INDUSTRIES, 1911. 19 



pelagic catch is designated, are usually sold at the same time or in 

 January, rarely in March, while Copper Island skins (skins from the 

 Asiatic herds), are generally sold in March. Alaska blue-fox skins 

 also are usually sold about the middle of March of each year. 



In accordance with the decision reached by the department the 

 fur-seal and blue-fox skins taken by the Government on the Pribilof 

 Islands in 1910 and 1911 were consigned to Messrs. Lampson & Co., 

 by whom they were duly sold and the net proceeds of the sales paid 

 to the United States Government. 



The 12,920 sealskins taken in 1910 were sold December 16, 1910. 

 The gross proceeds were $435,083.59, or an average of $33.68 per 

 skin. The net proceeds of the sale were $403,946.94, for which 

 amount C. M. Lampson & Co.'s checks were received for $402,840.50 

 and $1,106.44, respectively, by the Secretary of Commerce and 

 Labor, and these amounts were by him covered into the United States 

 Treasury. Under the leasing system the net receipts for that year 

 would have been only $131,007. 



The sealskin catch of 1911 was shipped to London and sold Decem- 

 ber 15, 1911, the gross receipts being $416,992.40 for 12,002 skins, 

 or an average of $34.74 per skin. The net proceeds, $385,862.28, 

 have been paid into the United States Treasury. Under the leasing 

 system the net receipts would have been only $122,720.45. 



No fox skins were taken by the Government until during the winter 

 of 1910-11. For that season the catch consisted of 371 blue and 20 

 white fox skins, which were sold on March 18 and 19, 1912, by C. M. 

 Lampson & Co. The gross receipts were $16,563.55, or approximately 

 $9.71 per skin for the white and $44.12 for the blue skins. The net 

 proceeds were $15,096.58, which amount was covered into the United 

 States Treasury. The total net revenue from the Pribilof Islands 

 in 1911 was thus $400,958.86. 



Following is the detailed statement of C. M. Lampson & Co. of 

 each of these sales (1910 and 1911): 



Statement of Receipts and Expenditures on Account op Sale op Sealskins 

 BY C. M. Lampson & Co., London, December 16, 1910. 



Certified clieck, Alfred Fraeer, New York, December 30, 1910 $402, 840. 50 



Certified check, Alfred Fraser, New York, January 19, 1911 1, 106. 44 



£ s. d. 



Sale of 12,920 skins 89,624 16 



Less 2^ per cent discount 2,240 12 5 £ s. d. 



— — 87, 384 3 7 



Credit by 228 casks 35 3 



Creditbysalt 2 19 3 



403, 946. 94 



87,422 5 10 



