THE LONDON FUR MARKET
Many skins are manufactured and used in the country The London of their origin, but the bulk of the world's fine furs are Auction Sales sold at auction in London. These sales are held in June,
October, January and March, but most skins are sold at the winter sales, particularly the March sale, which attracts numerous buyers from all parts of the world. A large proportion of the pelts are purchased by brokers on a commission basis. The Hudson's Bay Company's auction sales are held first and, as no reserve bids are placed on the skins offered, the results are taken to represent the state of the market. Messrs. C. M. Lampson and Co., Messrs. A. and W. Nesbitt, Frederick Huth and Co. and Henry Kiver and Co. are the chief firms selling American furs.
LONDON FUR SALES FOR THE YEAR ENDING MARCH 31st, 1906