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The following diagrams illustrate the method: Les cartes, planches, tableaux, etc., peuvent dtre filmds d des taux de reduction diffdrents. Lorsque le document est trop grand pour dtre reproduit en un seul clichd, il est filmd d partir de Tangle supdrieur gauche, de gauche d droite, et de haut en bas, en prenant le nombre d'images ndcessaire. Les diagrammes suivants illustrent la mdthode. ' errata d to It e pelure, pon d n 1 2 3 32X 1 2 3 4 5 6 Ki LCI) ^OPS^ h1':mai{Ks on the trade of the several departments, and on the ships' accounts. NORTHERN DEPARTMENT. Abstrucl ol' the Inveutoiies ol' this Dipartment at the close of Outfits 1874, 1875, and 1876. Outfit 1874. Outfit 187n. $716,997 Outfit 1876. !j'J40,8()7 $877,560 22,Oo4 111,702 122,476 28,798 30,540 29,031 102,168 97,139 83,360 63,603 41,264 58,527 247,220 193,884 162,609 61,938 34,994 31,086 92,960 153,046 339,806 84,0.')8 39,303 36,653 ] 13,464 3,063 3,093 2,024 6,973 3,215 88,377 160,465 122,210 Ijl, 737,592 H, 589,370 $1,869,626 General Goods . . Caniidiiin iiuil Ainoricun Gouds Cipuutry niiido Articlos . . Country rrodiico liivo Stock Outstanding Debts Cush Advances for next Outfit liopairs and linprovomeuts Froiglit . . Articlos at fixed jiricos . . 81iip» and Steamers Total The Itirgo iiieronsfi in the amount of '• Advances tor next Outfit." i,«i due to the fact that a larger amount of goods has been indented for and .supplied than the wants of the various Districts in Outfit IHTC reiiuired. These advances are represented by goods either (lU liand at Fort (jinrry for interior Districts or on the way to them. In the ease of Athabasca and McKenzie Hiver Districts goods are always ordered two years iu advance, 1 ikUt the head of " Ships and Steamers," an increase has taken place since 1874, on account of the buihling of the Saskat 'hewan and Lake Steamers. The valuations of these MteunuTs are uunually reduced by u deduction of lo per cent, for wear and tear. The supplies from England have been qs follows; — Outfit 1874 f88,4.Vi ,, 1875 9L>..51(i 1876 145,578 (iciods ;iii< also purcha.sed in t'anada and the United States for the Norllieru De[iart- iiient, in payment of which Draft-- are made on the Company in London. The Supplies t'rotn Kiiglmd for Outlit 1S77 were reduced to i,'iV,),377. Hills drawn on the Cmipany in the .Ncu'thern Department for Outfit 1870, amounted to £•'{(•,! I<>, whili> tlie reinitianees on tlie -ame account have been £21,000. The Iteturiis oiliu' DepurlmeMl have n'alized the following amounts: — Outfil INT I i'160,372 iM7."> 126,492 1876 111,24.S In the Country Acconuis they are \aliied as luMows: — Outfit 1871 $761,613 i'152,;l28 ,, IH7,-> 71;i,9'.)l 112.798 ., lN7r. 597,i!32 119,466 The trade of tlie Noilhern Department for these Outfits luis produced the foUowiiig result on these valuations, naimly : — Outfit 1K74. an npparcMt Profit of .. .. $398,730 i'79,7 16 ,, IH75 ., ,. . . . . 150,000 ;tO,(lOO ,, 1876 ,, ,, . . . . 74,266 - I 1,850 Ami the actual result has been — Outfit 1871— Profit 1'79,7I8 „ 1875 5,209 1876 1,611 Huliject 111 tlie charge fiir interest ro\i'iiieiits . . (inn 111 Chargus . , . . OutHt 1874. Outfit 1874. • riotit. LOKH. rrofit. TjOM.S. S:;!J,000 — S^li.OOO — 69,0C0 — 5r.,()00 — « 30,000 — 5,t)00 — Ki.UOO — — Sl.lOO 3;i,I7l — (i.lHI — OC, !).'!'.• — \'j,wn — li.l.'JTO — M.C.OT — •2'.K42: — IS.ll'J — ■l.li'JO — l,ll« — Outfit lS7fi. i:t,058 0,061 (i.lliO •Jt.iii; 17, IS-.' S 1 a IJ.VIh 1 l.'.l-.'ti I,. 143 Kid «H,38H 3III1 .l.'JIMI •JII.O.'l l.OHl 10.:!h7 .■>.h:{1 l.7.ir, 10,. 58 1 ('..•Jlt! .'t,ii': .■i.lOH 1,1! Ill fi.iW'.;! •J7t 3,0 IJ •J,'Jii7 ('.,■.' 7 '.I 1 l.'iii'J Profit. 4,0!»» .■>,Kl:! ;i.M;iH 1 , r.t I 3, :!,■).•) r,,i3'.> ti:. I -Mr.' 0.171 .•)0,3'.>fi i.l,!t3J _ ('1771 -- 7,3UO — I 1,784 •.'..■i'.".i — Iii-lriil \.iiiiiiil^ — 807 — ao,fl40 . IIIH I,.... $4,000 $28,000 — 10,000 i — 1.700 — — l,20!t — 7,38-1 H.-JS,-) — l(vl4S ,21H 10, .Ml 7,37ii O.'.IOK 71K •2,3H3 ,591 .■>,'Jll) .l.O.'i.'i i,k;i7 I.. 3211 2, Oil;; its 4,.'.;iJ MM 11,!I2I MuKENZlK lllVEU DISTRICT. Inventory iit beginning of Outfit 1871 „ clove lit Outfit 1«70 Supplies in IST-i ,, 1875 ,. 1876 Ooods truilcd in 1874 ... 187.5 lH7fi t» M Value of lieaver.s and Muitcn in I«7 1 ul 1871) prices >• •> •»''■■> ,f .. •"•> $23, (100 16,000 !ii ■14,000 53,JO() G8,(iOII $43,00(1 72,000 72,000 £SI,37o 11,250 10,500 Aeeordiiigly it will be seen tliut in tlie Outlit l!~<7(), wliile the vulue of the lieuver und Murtcii obtained was only i'l.'JOO in e.\ee. per euut. In oilier words, (juitu irre.spectivo of the price, upwards of i!o,UOU more wiia given in 187t> for the same amount of Furs, and that on a total amount repre.sejited bv ,i'8,000 worth of goods. The result of trade in tliis Distriet has been as follows: — .\n estimated I'lulit in Outtit IhT I of ,, ,, 1875 of Anil a I-iiBs in Outtit 1876 of $35,000 23,000 4,500 'I'lure is, thus, a (lilfercnie of >!; lO.iUK) biiweon Outtits 1874 and 1876 in rispeet iif uj)[iaieiit prnlil ; and. Iroin llie iiii.inlily "I iromls traded in the two Outtits respectively, it Would ajipear that only half of the ipiantity is due to the fall in the prire t>i' I'lirs, tin' other half being due to the fart of a larger amount of goods having been (lisp. ised of without a eorresponding iiuiiase in the i|uantity of I'urs obtaiind. 1 lie result of this Uepartmeiir ought to be .sutisfaetoiv It is free from conipetitiim, and a good re.sult lUight to be obtained liiun it, if I'urs are even at a moderate price; while it ought to give a brilliant lesult if Furs fetch high prices. In 1874, for in.-tanee, when prieo were high, and wiien only $4;},()()0 were disposed of as against $7'J,0'H) in the two sueeeeding years, the profit in the rountrv Acinunt was $;5"),()00, or iT.tKH', u]ion stock of goods, including Inventory und the sujiplies of the year, of £10,000, showing a profit of 10 per cent. In Outfit 187"), while the valuations had been neees.Mirily reduced, but were still on a moderate .scale, the profit was reduced to about i.'4, oOU. Ill Outlit 187li, when the valimtions were low, and nearly approacluid the niaikct prices hell', the lo>s was i 1,01)1 1, while $!»0,0(I0 had been invested. In this District it is to benlixrved tliiit wiiili' there has been the same aniouiil of increase in the supplies in lS7(i, aswiU be found in many other parts, there is thi> notalile diirereiice, that the goods have bic ii ilispnsed iif; wliib' in other Districts, the Inveiitoiy at the close of the Outlit has proved very much larger than before. Iti:! tjie goods thus di>po>c(l of have unfortunately not been disposed of in 11 ri'niiiiiiiali\e nianner, seeing, that, as explained before, thiie has In en no inciea>e in the principal iirlicbs traded. In his Itepurt on this l)i>liict, the < Iflieer in cliarge stales that the scarcilv of Moose eausnl starvation amniig the Indians, and (luis aluiii^t eMtlnly dcstid\ed tiie fall liunls. The Iteturns, he said, comparril unlavniirably with those of last yt ar. At the same xaliialion--, Oiilllt I87l! showed a falling oil of' about >"p, 011(1, as compared with ?o explanation is given as to whether the excess of )J'.>!),lll)(l, compared with the year 1874, arose from di'bts which were incurred by the Indians and not paid, fre.-.!! advances in goods uiid provisions, or other causes. Last year, writing with regard to the previous (.)utfit, the Officer in charge reported tliiil the Returns for Outfit 1S75 showed an increase of H7.0(MI ,, 1H7I! so.imo The ex])erien('e he had had nl the amount he was abli' to di-])ose of in fovmer years was that he had trailid >ll7,()ltO iiilhi' I Mitlit iif l>-V I. Whin In asked for his suppli' s in I>s7(i, he dill niil know liie result of his trade in |s7.'i; but as a inattir of fa.; li" (lis|,iised of $si7,()ii(). Ill fuel, f,,v l'^7(;, III. asked loo mueh, and as the risult proved, the \\\u<\v of the I'.Mra goods .sent to him were left on his hands at the end of the year, the Inventory having risen from i,(MiO at the end. The increase in the amount of goods traded in Outfit 1>-7(1, as compared with 1S7I, is J) lit, 000, eipial to about 00 per cent., while the value of \\u' Ileavcr and Marten obtained was iibuut the sumo for the two years. Valuation of tlie prim'ijud Riiiiiiis — MoaMC and M.iMi ii — at lS7li prices: — Outfit fH7l i'l 1.071 ,, 1H7.5 i:.,l-.'0 .. 1K70 II, ,-,01 liesult of trade in t'ountry A'xounts : — Outlit 1H7I, appatiiii Prolii S'O.OlMi ,. IHTo ,, .'Hl.OOO ,. IH-r, ,, ^8.000 6, It appears, therefore, that Outtit I87G still shows a considerable profit according to the Country Accounts, notwithstanding the great fall in the valuations of the Furs. In 1874, the profit by the Country Accounts was about $70,000 on the invested CapiUl of $93,000. In 1875, with reduced but moderate valuations the profit was $46,000, but on a larger Capital, viz., on $128,000. In 1876, on the other hand, with low valuations, the estimated profit is $28,000 on $160,000 invested; that is 17 J per cent. This District, therefore, under the circumstances, shows a fairly satisfactory result, even at the very low valuations. With reference to the result of trade for Outfit 1875, Mr. Macfaklane, the Officer in charge, stated in his Report of lust year that for the last five yeais the Returns of Athabasca had increased despite numerous drawbacks, until they now, that is to say in the Outfit 1875, reached about double what they were for some time previously. '-Surely such continued success had called for an expression of gratitude." It is worthy of rotuiirk that us the result of this Outfit, to which Mr. Mackaki.ank alludes, he disposed of $20,000 more of goods than in the previous year, without showing a proportionate increase on the amount of his Returns, which amounted to $142,000. It is true that Mr. Macfarlank explained that at St. John's the severe cold destroyed 35 of the 40 liorses owned by the ("ompany, and the Indians hardly saved one of theirs alive. At Dunvegan the Company lost some 50 horses towards spring, and the Indians and Freemen suffered in like proportions ; and at Fort McMurray 14 oxen, 4 cows and 4 horses were carried olf by diseasij. wrote :- In 1 nncluding his Report on the inule of Atliubusea for Outfit 1875, Mr. Mackaiii ank " It is necdlt'Rs for mc to statu that with a powerful opposition iiheailv ostalilisheil in " Peace River and the certainty of other traders finding their way all over the Distrii;!, it "behoves us to bo liberally provided with supplies to meet all the requirements of tlie trade, " in fact it is only by this uicuiis that we ean hope to prevent opposition from becoming u " profltable institution in the Northern Districts." The OlFu-ers were obliged to pay over 100 per cent. addili 47,500 „ 1870 M.OOO Value of Heaver, Marten, Mink, ;ini74, §1 •"),(»)() more goods were disposejl id' than in 1871 ; an iucreu.so of almost 100 per lent. Wi- Bliduld not pass over the results of Outtit 1H7.J, when $47,500 were trailed, or )Jt(l,000 niori! than in 1874, while the value of the l''urs on tlie same vuluatiim was £1,.")0 we do for " Furs but actually soil some of their goods at a lower figure. We haye •« yet made no " rcluction in our goods tariff, but, on the contrary, have enhanced the prices of some articles. " We have so far managed to secure a greater portion of the Fur Trade in this quarter." Mr. McMiiRRAY continues: — " I am apprehensive, even if we mana^'o to secure the fame amount of Furs as last year. .. We have endeavoured, in con.peting with our opponents, not to incur any unnecessary .. expense, but their liberal system of trade, as already stated, has obliged us to be less " eeonomieul than we should otherwise have been." An examination of the District Fur tariffs annexed to that Report, shows that the t ,rifi-for Braver was doubled in Outfit 1876; that Fishers were increased from 2.Made Beaver to :t-M.n. in 1874, and from O-M.!}. to 6-M.B in Outfit 1875; I-ynx were mcreased from l-M.H. to -2 ; Martens from 2 in 1873 to 4 in 1875 ; Minks from I m 1873 to 3 in 1875. As compared with the previous year, Outfit 1876 shows a reduction of $15,000 in the amount of Roods traded, with a d..ereaae of about £700 in the value of the principal Return.s of the District. The profits on the valuations of 1874 were $29,!)75. 1875 „ 5,345. 1876 „ !>,855. . »» it „i The amount of Capital employed being in 1874, $50,000. ; . „ 1H75, 72,000. II >' " " , 1875, 66,000. ti >' '• The high rates paid for Furs in Outfit 1875 have been considerably reduced :— Martens from 4-M.l}. to 2, and Mink from 3-M.B. to 1 ; and efforts wire being made by the Officer in charge of the District to effect a further reduction in On- rates of these and other Returns which were being traded for Outfit 1877. NORWAY HOUSE DISTRICT. Inventory at the romniencemcnt of Outfit 187-1 at the close of 1876 $73,SO0 39.500 Goods supplied in ra.li Outfit. 1871. 187.'>, and 1870. about ... $55,000 The great reduition in the Inventory will be noticed. In Ihis District tliere has been u considerable sale of goods to the Dominion Government. The poods tnubil ii; the year 1871 were. The Cash Sales were In 187.'i, the giiod.i triided were Cash Hides In lR7(i, the jjomls traded were ... Cusli Sales i*7!),()00 30,000 Leaving for Fur 'I'mde $13,000 $71,000 '20,000 Lciving fcir Km Tnele ^l.-i.OOO $00,Ol!(l 24,000 l.euviiiK fur I'ur TriM.' $12,000 8 It thus appeurH that tho uinount of j^ooda tradtMl for Furs during those tliri-c Oiitlitf., has not varied very much, nor has there been nuieh vuriutiou in tho quantitioH of the principal articles, viz., neaver, Marten, and MinkN. They have ninfted between £4,1;')0 in 1S74, to £4.400 in 1875, and £4.400 in IHTC. The profit by the Conntry Aicounts was in 1H7I In 187.'), a Loss nf ... In I87i>, a Profit of The Capital employml in 1871 was .. 187.'i ., .. 187r, ., |!i:),00(> 1,100 1.700 $l;)t,;i{)0 117.750 10."). 000 It is to be observed that, even in Outfit 1874, the profit is very small on the Capiuil employed, notwithstanding Cash Sales to the Dniiiinion (iovernment. which ought to have assisted the result. In lS7."i, the valuations taken in the Coimtry .\coounts were moderate, but, nevertheless, the result showed a loss; while, notwithstanding the low valuations, a small profit appenrs in Outfit 1876. It appears that in this case the tariff for Furs has been reduced in 187(i. Mr Iloss. the Offieer-in-chnrge. writes; — "The increase of expenditure in consccjuence of the opposition lias been counteracted in a measure by a reduction of at least oO per cent, in amount of advances given to the Indians, and also by a reduction in the price of Furs where practicable. The reduction in the price of Mink from '2 to I-M 15. efl'eeted a saving of 1,000- MB. at this I'ost aliine for the Outfit. A persistent adherence to the estaliiislied rates of tlie (ioocis and Fur Tariffs has hitherto been the rule in the Pistrict, and the old system of barter has iilAavs worked at all the Posts with salisfuctory results." Mr. Ross states that there can l)e no doubt that this year lia> been a disastrous one lor ihe oiipiisition, and that the system of opposition in this District appears to be effective, &c. The Indians, as a rule, continue to deal with the Company in preference to the '^aniidians. lie added that "the trade supplies were larger than the business could well afford, but tlie freight expenditure, which was still heavy, and the demands incidental to ihi- |uesence of a strong competition in tlie trade projxr. as well as in the new branch of business originated by the payment of cash annuities to tlie Indians, rendered any curtailment of the < 'utiit iiii[ii:i ■tieable. The time, however, has now eonie when it will be jiossible to effect a s;ilutury reform in the Indents, and to reduce th»! Inventories, without much risk to the liusiness.'' i' " - • We lire of o|)iiiion that llie attention of Mr. Ross should be ciilled to the jwint — lliat, if We take into account that the Cash ISales to the liovevniiunt and (lliers must have given apparently a profit on tho goods, the l'"ur Trade Itself has been eDuiiucteil at a loss. In fact, it' this histrict is charged with interest at •'') |ier cent, on the ('npital employed dining the three <.>iittits, even including sales to the Oovernnuiit, there is a loss. KDMONTOX DISTRICT. Kdiimnton Inviiitoiy at the I'l'^iunin;; (it IS" I „ t> a falliiifj; oll'of i'o,(Hl() jn the value of the prin<'ipiil lu'tunis. Ill ''utlit 1>7'J the (HumtitieN of the priiieipal l-'iirs were ulinost identieal with those of 1S74. whilvt the j;o(m1n traded were $12, Odd more in valii . In the one I'ase, therefore, there is a smaller quantity of Fius for the same amount of ods ; III the oilier, an ei|ual i|uaiitily of Furs, hut at a mueh intrea.sed cost. Tlie I'lnliis on tile valuation i>f 1S7 I wir .•\ii(l a l.nss oil llie valuation of 1H7() ., n.oiiii l.-Jiio he ( 'apital employed heiiifif in all eases very hirife, vi/,. : — Kor 1.S7I ., 1K7.-. „ iH7(; .•«l.")i!,(100 191, 000 lil.i.dOU Tn Outfit 1874 the debts, whieli in this l)i>partment rejiresent a huj^e iimuunt, \wrc valued for the iirsf time. If their value is deducted Irom the prolit uf that year, tht> averajje protits of the three Outtit.s L*<74 to 187U as ealculuted in the eouiitry, woiilil not give more than ;") per cent. Ill tliis eas", a mueh lar^iv amount of jjoods appears to have heeu ordered duriny; the-,e three Muflit^ than «as exjieiidei! With rej;ard lo the causes of the uiireiiiuiierative trade m 187ti, the OfBccr in ehaif.'e writes : — " The Ketiiiiis of the District show a (ieoroasp on those of last year, there being no Robe " Trade. Tlieie i> .strong oppusitioii from the .\nicrican Trailer-J. IIvkku i!i: Co., of lieutoii, who " can throw into the market, mostly at any time of the year, the cla,ss of [joods roipiired : and as " all the supplies for the N.W. Mounted I'olice are supplied by them, they have a strou;; hold •' on that luiit of the country." Tie lidded, that in a part of the country like Kdmoiiton, where the trade in some years dcmaiuh'il a much larger siipjily than at other times, it was diillcull to frame reipiisitioiis two years iu advance to the oxnct rcquireinents of the District. Some years the tiadein Jlobcs and Provisions consumed a greater portion ol' the Outtit; while in a year like the |Miseiit. when Hullalo were scai'ci", little or nothing is spiMit on the plain trade, which, coiisei|ueiilly, leaves a large Inventory of such artieh's as have he(>ii reipiested for that particular trade. lie t'urtlicr reported that tlie reiliietion in tin' tariff for Fiun was looked for, and had to come sooner or later, for the pricoa given to compete with o[)[io>iiion traders were so high that it was impossible to ex[)ect any margin of protit. " Xow that a crisis has come and with It the downfall of many, tlie road will be clear to begin at the lowe.st possible grade, and the Indians will not be worse olf for the change." f 1> 10 SASKATCHEWAN DISTIUCT. Inventorr nt the comiiipiicemi'iit of Outfit 1871 - ... „ close of Outfit 1870 lii(rcii.«(;... Supplies furnished in 1871 ... ... ... 1875 lS7(i In Outfit 1871 the Cash Siilcs were Ami (jiiodstrailiil for I'urs and rrovisions ... lu Outfit 1875, the Cash S;iie.s luid inerciiscd auiouut of tniiisfiTs to Districts were ... ... ... .\ lid (ioods traded ... Ill Outfit 1871) the Cash Sales and extra transfers, as compared with I lullit 1H71, amounted to .\ui (i.""U traded $TO,I28 1.56,511 SlK.'lOO §10ti,H!i4 io7,-i;}7 155,6'.I9 $•1,800 ■l'J,'.)00 $•20,000 111,000 $49,00 11-1,500 It will thus lie .si'cii that there iius bet'ii nil inerou.'se of fully $00,000 in the amount of (Jood.s trudt'il in Oullils IS7.") and 1S7(), Odinpared with Outfit 1874. The returns of IJcaver, liohes, Lyii.\. Marten. Mink, .Musijuash, and Otter. Milued at the same rates for ea(di Ontfit, .■mi'iiinl ill 1S71 111 i'lyJOa 187.") t £.«,4;i!) Is7(>i(. £r),MG SI) tliat, notwith^laiidinir an ini'rea.se of nune than 10(1 per cent, in llie value (d' o^oods traded, the returns of (Hitlit l>-7tl. aetually show a falliiijr idf of some t'"iO(l, as eoiiipared willi Outfit 1S74. The ^ahs t.i the < ioverniiieiit and oilicis in the three ( hit tils sxcre ^l-'^'"^. S"'-""0.iind j»"J!t,000 respectively, and liie ariMumts of tlie lli-triet show the followini.!; icsiills : — Outllt 1S7I, an apparent rrotil of $(it),939 .. 1S7". „ „ I!),0.31 ,, 187ti ,, Loss of ... . 7, ''184 The lulling off in the lu.st Outtit, as compared v,-ith 1874, beinp; upwards of $70,000. Tluri' is a larire aiiiiuiiit of Capital employed in the trade in this District, where the hulk of tlie ]irovi^inn~ are nhlained for transport and other pur[io.ses. In I><7I tlie ('ai>ilal employed in the Distriil was $180,000 „ „ 1X7.J ... •.'(;."). 0(10 „ „ i''7n ... ;w(i.(i(i() •!i'" latter yielding' neillier intirc -t nor protit ; while tlie 0|lie,|- in eharjje of 'he District staled that upon tile uiiiile hi' had doiu' vi'ry well. In handing his accounts of Oiiilii lS7li, Mr. <'i..\iike stated that in eonHrqurnec of the steamer " Morthcote " not reaehiii;,' her destination last season, arriingeiiients liad to be made at Carlton for the transport of siijiiilies to other Districts, which ofliprwi.se wmild have suHered I') a considerable i .\tent. .\ larp' amount of I'rniii'an li:id lieeti pid\ ided fur the trade o| lhe~e Districts. -Mr. Ci.MiKl-; reporticl that the Com]ial'ative Staleiiieiit nf the Uiliirns of Saskatchewan Dislriti Oiitlit iN/o-ti, showed uii increase in the ]>rfsent year's work of js'J,7'JI). The I'lir und liribi! Iluturii.s pointed to a decrease of $ll.'lilli. wiiirh amniint \.as more than met liy the increased Itetunis id' I'eniicun and Leather. li iiuiy iienliser\ed lliat liiese articles are either I ransfeired to other Districts or valued up"ii Iiivi iitory. and that even with the sales to thu ( Jovernment, amounting to $'JO,(i(l(i, the result oi' tiji' tr.ule of the District fur < >utlit 1870, is ho very iiiisatisfaetory, tlmt the Ciiief Cc nimisi o u r lia- 1 n called upiiii to ulilain from Mr. Ci Mikv further e\id:iiiatioiis. .11 III a i-pcent letter, tl.e Cliief (^o.nimssioner explained tlmt outstanding debts in the District were placed on Inventory at one-Lulf of tbeiv value, that beinp the estimated cost of the j^oods with charges at which they would have appeared on Inventory if unsold. He also stated that the sudden decline in the market for Huffalo Robes seriously uflected the Balance Sheet of Saskatchewan District, which, at the same time, laboured under heavy opposition from thoHrm of Kkw, Stolart & (Jo., who establishe.l tliemaelves near (^arlton, and excited the Robo and Fur Market beyond all reason. At the same time, the inability of the steamer "Northcote." to navigate the Saskatchewan River above the (\.le Falls in 1870 greatlv increased the expenses of getting the supplies to Carlton, which were rendered t>M3 late to be disposed of as intended at the Indian Treaties Meeting, and consequently swelled the Inventories, while, in the meantime, the next Outfit Requisition had already gone forward. These difficulties, in addition to the reduced valuation of tlie lUtunis, tended to luake the result most unsatisfactory, contrary to the anticipations of Mr. Ci.vkkk. CUMBERLAND DISTRICT. Inventory at tlii^ comnionconunt of Oultit 1874 (lose of Outfit 1H7(> Suppliis s( nt out in 1H"I lH7(i (iiiods traihd in Outlit 1S71 (ioods Iradiil ill Outlit IH7 tiooils tnuli'il in (»iittit lH7(i ... $28,208 43,702 Incieasc $lo,.5r,4 $II,K1S i;i,2,'>;; s;i.',)72 Sales l!l,-)4,22H r>:>H Transfers to Districts So;!, 724 12,0(10 Leaving for Fur Trade S4 1,721 ... ij!0;t,!)4S Sales l,02o (il,02;l Traiisl'uis to Distiiets 17.000 Leaving for I'lir Trade »l l.02;l S»72.2Hti Sales ;l,H(i2 OH, 42 I Tninsfeis to l)iMiiet> 21.102 l.cMNiu^r lor fur 'rnide »i; li «ill llnis be M.ii that in eomimri-.c.M uilh 1871, Oulllt 187(1 had an increased amouiii (d >il,(lllll e.xp.iid.d for Furs. i'lu' priiuipiil articles— Heaver, Mnrteii. Mink, Mii.s(ina.-h, and tUler— valuetl at lS7li ]iriccs, ninoiiiit to-- ,t''l,','.s8 ill tiiulii IS71 7..>'.vi ,, is:.-) s,-'l(l „ 1S7(I ,.r a laliingnlf m ihr K, l uiiis of X 1 1-', «illi an iiimuscd (xpelidiluiv in goods to the uiiumnt ..1 about .fl.'.HIU. 12 The apparent profits shown in the District Accounts are- npon the Capital employed — Outfit 1874 It 1875 It 1876 Outfit 1874 »l 1875 1876 g:i5,270 14,607 8,285 $77,149 01.421 11!»,04S This larfre increase of Capital arises from tho fact that in Outfit 1^76, $39,000 more goods was supplied than in In74, and as the Inventory at the close of lS76 sliowed u large increase, it follows that the District has boon overstocked with goods. Tlic ( )fh<>er in charge reported that, uotwitlistaiiding the late period in the .seasonal whicli some of ilie Posts in the District received their Outfits, the winter's operations were favourable, and considering the active opposition in the District, and the sulfering.s of the Indians as usiud from hunger, the llnul result showed an iucrea.se of .£2,000 in the value of the Returns as ('(mipiired with (hitlit 1h75. He added that high prices prevailed in the lower part of the District during the winter; as 11 set off to which the tiiirler rat(>s for goods were somewhat advaiu ei. SWAN UIVKU DlSlKU'l'. Invciitoiy ;it cnmiiunccnient cil' Outtit \x~ I „ iloRc 01 Outfit. ln7t) Supi'liis sriit iiut 111 1S7I » i> '**"■'' .. ., lf<"'' Oooi- tnidi'ii in llutlil IHM Cash Sulrs .. lioo.ls trailcl in Outlit 1876 Cash Sales... Kxtrn Tr;in»fi'tii . ... ... ... (iooils frufle.l 111 inmii 1H76 (_'ufb Sn'.i'S K.xliu Trftn.sfeis ... I.ruviiig (':, f„si .•<70.(I3!! 7'i.H5',) ('.'i.7.*).'i U. «;;•.' .■*iori 'jaii .■>.). KOO .■>o,r.>u' •.>n,.TiH l«liH,S!)iJ ill,.')!") «i:l7,:i!)(> 8,;t;)2 .S;u,()oi) 121,104 i'.".l,0(il 'I'Ijc piitnipal returns of the District amouiitrd to £5,0(lil. i'.'l.ltJtO. and X'5,4U0, for llio three tJuttils respectively, and the iiecounts show the following results : — Outlit 1^74, an apparei>l Profit of $20,427 » 187fi, „ „ 18,41!) „ 1870, „ „ 16,148 Mr, Ahcimhm I) M« PoNAi d. ilie Ofhcer in chnrgi' ntriisis the accounts of Outfit 1876 with those (if the furnu'r yeiir. and stntes tlnil '■ ilie nijliciiiin of Furs is con-iderablv in advuncc of last (Mil lit, und had the valuation lieeii tin -.ami' llw re>*iilt "oiild have been much 13 better. While the collection of Furs has been much larger, the Cash Sales have been less, as a large quantity of country produce was sold the previous Outfit on which a double profit was made, this will tell on the profits of the District more than the advance on the Fur Returns will makeup." He found that on an average the English goods landed there, cost 5 per cent, over the previous years, while he had adopted the same price as last Outfit for Inventories ; he considered it better to do so, although it would somewhat affect tlie District for Outfit 1876, as part of the goods on hand on Ii ventory consist of the surplus stock supplied from York Factory, which must be sold ut a reduced rate in order to dispose of them. He states that the infernal expenses of the District have been kept as low as possible as heretofore, and that the outstanding balances have been reduced. MANITOBA DISTRICT. Manitoba District was separated from Red River District at the close of Outfit 1874, when supplies to the amount of $51,976 were transferred to it, of which $30,7!>7 were traded in Outfit 1875, leaving $21,842 on hand at the close af that Outfit. Supplies to the amount of $27,582 were sent in Outfit 1870, at the close of which the Inventory amounted to $23,990, Gondstruded in Outfit 1875 $;50,Tl)7 Cash Sales «,'■>»* Goods traded in Outfit 1876 Cash Sales ... Leaving for Fur trade $J2,:<39 $-2.5,471 8,928 Leaving for Fur trade $ 1 7, 1 T;l The returns of the principal articles, valued at the same rates for Outfits 1S7.") ami IS76, amount to £1,5G1 and i,' 1, 850 respectively : and the apparent profit shown in the District Accounts, $1,084 and $5,813. The Capital omployoJ in the District is about goO.OOO. The Officer in charge write- : — "Shoal Uivor and Manitoba House contributed the greater part of ilir Ku is, and not " witliBtaiuiint: the more than usual opposition at the former place, we got a ];irf,'i' share of the " trade, uuil if tliu lur tarill' was liiglier liotli tliese I'oits would show a fair profit. As it is, we " have paid more for most Furs than what wo get credit for." LAC LA TLUIK DISTRICT. Inventory at the cnmnioneement of OutQt 1874 close of Outtit 1870 Supplies Bint out in 1871 Inorcaae 1H76 It ■> " II t) II Cioods traded in 1874 Trauslers Ousli Silrg Goods ti ailed in 1 875 (/ash Sak'H Goods traded in 1876 C.isli Sales ... $;M,r)81 4;),'282 $8,700 $77,0 1(1 7a,ii'.i7 01,783 $90,8',I3 21,000 |0(),8',I3 L'^iitiO Leaving for Fur trailc Leaving lur Fur trade I?,') 1,233 !fr.!.0!IK 1(1,000 iJia,ooo tG;l,202 17,000 Leaving lui' Fur trade 1^46,000 14 Tlip values of the principal Returns of the District for the three Outfits amouut to £5,888, £0,031, and £5,4..'3, and the Country Accounts show the following results: — Outfit 1874 Outtit 187.» Outtit 187G appiirciit Profit, Lobs, $4,621 1,448 3,218 Upon the larsfc amount of Cajiilal employed in tlu' Dislrii't, §l()(!.O0O, the above result is most disiippointiii};. I'^von in 1874 the profit is less th;iii o ]u'i' vv.A. When ('ash >-'.ili's to the amount of $17,U00 are considered and are suppuMil lo icpiesont u certain amount of protit made, the Fur Trade would appear to be carried on in tliis District at a large amount of loss. Mr. Lii.i.iK, tlie Officer in charge, reports that his Returns were eijual to those of former yars, hut of smaller amount, owing to the reduced rates at which they are valued. Musquash wi-re very seaiee. but all other Fur-bearing animals were to all appearance as numerous as tlie\ luive been for several years past. The Government liad opened a large retail store at Foit Francis, which, besides supplying the wants ot' the men employed on the Canal, was open to the public and the Indians. Mr. Lii.i.ik also reported the presence of several parties of l''ur Traders in Lac la Pluie District during Outtit 187(i, but he observed that beyond putting the Company to some extra expense in opposing them, they did not uU'eet the Comjiaiiy much or enrich themselves. Mr. Lii.i.ik does not appear to have realized th(> fact tluit for the last two Outfits at least the business of his District has beeii curried on at a loss to the Company. Since the foregoing was written we have received from tlie Cliief (''omiriissioner a report of a visit to La( la I'luie District made by Inspecting tliiet' Factor McTavish last month. He found lliat since the close of Outtit 1S7J, the liidinn debis had largely increased, anil a want of jiidginent iiad been sliown by tlie i >lH<'i.|s in cliarge of (lulposts in dealing with the Indians Since the commencement of the eonslruction of (ioverninei.t works at Foit I'rancis, tlie Inilians in tint neighbourhood have hunted few l''urs Mr, McTavish louiid the stock of goods in the District double what it Depot of the Northern Departmeiii iVom Ynik l''aeioiy to l''oit (Jairy, York I'aclovy lias gre;itly dediued in im|)ortaiice. At the cominenceiiieiil of Onllil 1S74, York I'luloiy bad »lill on band a large UH-sort ineiit of goods for the trade of Inland Dislricts. 15 It amounted to ... ... At tho close of Outfit 187G the amount wo* TliL' supplies furnished in 1874 were „ 1H75 „ » ti ., 18"(> .. Tho Itutui-ns as valued in the Country Accounts in 187J were It »» ») »i t> 1876 », »» i» fi II M 1876 ,, 8181,377 143,214 $41,423 27,923 23,841 $13,761 8,113 7,070 mid tlin Accounts show tho following results :- Outfit 1874 uppnrcnt I'mfit ... II l'*'>* II „ 1876 ,, Loss ... $13,058 10,387 10,511 Mr. FonTKsct'K iiUudinp: in his Report to this unfortunate result, explained that Outfit 1S7() was the first your in which tho Factory was left to its own resources, having no connection with any of the Interior Districts except Oxford. An cxaniinatioii of the Accounts current of tho two years shows nt a glance the difrorenee of the uinount of business transacted. In Outfit 1875 tho Iloturns amounted to $S,000. while tlie »i)i)iireiit gain was $10,000. Mr. FourKsctK stated that, besides the protiton Returns, tlie establishment derived benefit from the sale shop and the Invoice Charges to other Districts. In Outfit 187b there was no profit from these sources. Tho collections show a further considerable decline in Heavers, which Mr. Foktksclk thought were being " killed out." Tho tndian.-i iti tho neighbourhood weru in a state of great destitution and the only resource was to open tho stores for tho sale of provisions, to keep them up to tho hunting of Foxes along tlu- coast. Churchill, Severn, 'I'niul Lake, and Itiland Lake, uro supplied from York Factory. (joods tiadi'il at thesis Distriels- (Mitfit 1874 Outl'it 1875 Outlit IMTfi ^30,000 27,1)00 2'J,000 Result iil'Irudr in Comitry Aciounis — Outfit 1874. Churchill. I'liilit $!),001 Severn ,, ... ... 6,160 Trout Lake „ 21,446 Uluml Luke ,, 17,482 Total rroflts ... $54,149 Outfit I87J. Outttt 1878 $o,sn ?3,S,58 4,736 . . 1,104 10,584 3,,'!55 6,246 6,4;!2 $27,397 §14,819 As regards Severn and Trout Lake, Mr. roicrr.sci'i'. reported that the exireniity to which the Coast Inilians had bi'en reduced could hardly be believed, and the matter of surprisi^ was, that only one ease of death frotn starvation eiime to his knowledge, lumiely, that of u family or camp of Itl, all of whotn perished except one boy. IIo added it was not, therefore, surprising that the debts had iiieri'used 8(10 M.ll., orlOper cent. These debts are not valued on Invi'ntory. At the othi'r Posts the fulling oil' in the amount of apparent profit is due prineipnllv to the lower rales III whieh tile Returns are valued in Oullit 187t). The quantities are not less than those ul' former years, and no opposition traders have yet made their W!i\- In these Districts. 16 ?^ RED RIVER AND MANITORA TRAniNG STATIONS. There are nine Trading Posts within this District, our remarks on which ore confined to the Outfit of 1876, as it was only in 1875 that 'separate accounts wore kept. The following table exhibits the amount of goods on hand, and supplied during Outfit 1876, and the apparent results at each Post, together with the Furs traded either for Cash or Barter. These results may be somewhat qualified, owing to the errors hereafter mentioned, reportt'd in taking the Inventories. The Inventory value is based on tlie cost at Fort Garry, with a small per ceiitago added for transport from that place. Three of the Posts, Point Coup^, St. Boniface, aud Georgetown, are being closed, and are, therefore, not included in the Return. Station fl. Portage In I'rnirie ... Poplar Point. . White Horse Pluins Pembina St. Anne's Lower Fort Garry ... Balance of Loss #6,000. Capital Employed. |"7,0I)0 3.5,000 30.000 55,000 4:^.000 80,000 1319,000 Profit. $654 1!,112 6,171 ig.s,o;t7 17,376 2,383 5,216 $14,975 If, in addition, h per cent, on the estimated Capital employed be charged, the loss would amount to $22,000 for Outfit 1876. It is to bo remarked that these Posts are mainly kept up, either for the purcha.se of grain required for tlie Cnnipuny's use, or for ordinary shopkeepiug as contradistinguished from the Fur Trade. The total value of Furs traded was : — Portage la Prairie l'o]ilar Point Whitt: Iloroc I'luinB St. Anno's Pembina... Lower fort Uarry $3,K44 105 349 421 24,618 915 tl0,252 = £2,000 Stcihng. The shops, except Lower Fort Garry, where there is a Chief Trader, a.-o managed by <"Ierks, whose period of service with the Company varies from four to seventeen years, and u Lose salaries vary from £73 to £100 a year. We note by the reports of Mr. John M(Tav!sh, dated the Va\\ .January and 16th February last, that irregularities oeeiirred in taking the Inventories, not from wilful error, hut from the difficulty of closing the shops during stock taking. In several instances also the goods of one Outfit have been mi.\ed up with the stock, properly clmrgenble to another ; in iither-;, articles lost or vnlueiess have been taken over at the eust(mniry value, and in one instance the quantities liiive Ik-'cu entered as "llis." in>teail of " bags." Pending full explunatiout on these matters it, is impossible to depend nn the precise results as reported. Mr. M(Tavisii remarks: — " As ubsiilute c'lirriM'tnisg in nfciik taking !a more important thon was formerly " considered neei-; iind Poplar Point was ?3(>,>.)0{ ; in all $UiO,13j, of which .•»8t!.n97"" "represents Kuropenn Goods, and If 11, "OV", C'.madian and .Vraerican ; showing in the fonniT " case nn increase of §'JO,;Jo!t"", and in the latter of ^2,877", and placing a heavy burden '•on the trade in cons( (|iii ncc, wheKas it was particularly desired that the Inventoiies " should be much reduced. In u I'urtlur Kcport, dated 10th February, ltS78, Mr. Mi'T.wisii state.s : - " I agree with ymi that the Inventories al all our Outposts are far too large, anil out " of piopiirlinn to tlie aini.unt of l>iisiMrs- done in Ontlit I87fi. " The Inileiits tor the OiUlit rcciuircuieiit-- were canfuliy maile lOit and based on the " larjjely incieasing liiisiiiess of the previous year, and we wire far Iruni anticipating such a " generiil stagnation of trade nil o\er tlie cnniilry as lolUiwed. " Since the close ol 1876. the stock'* at all the lied Ilivcr Posts have been very nuuh "reduced, and apart fruiu our assuming by the DepiU everything in excess of the iniuicdiate " denncnds erf tlic trudc> as nietitionccl in my last letter, the Invcntoiies now being taken "will bo found in a nun li more satisluetory state tlinn in the previous year. " The position of the Kstablishments in Uc d lliver is very ditfi rent fnim Inland Trading ' Posts, and a very much heavier stock of goods is reciuired. In the face of the many traders ' and shopkeeiiers in every lino of business surrounding ns, if we wish to get a fair share of ' custom, we must at all seasons be in a position to supply all the wants of those who dc al ' with us, as our stores are supposed to eiiiilniii rt general ntuek e/' all tht leijiiiremeiits of a ' community, and this cannot be done by merely iui|iorting once a year, as we have hitherto ' been doing, when with every precaution and forethought it was impossible to avoid running ' short of scuue articles and having an excess of others, and we sliwuld lie iillowed to repleiiisti ' our stuck as often as disposed iif, and the oltcner the better if at a gcjod profit, irrespective ' of the amount of our Indent as limilecl liv Council." 18 A.s n'spi'i-ts tl ' uutsiaiiJiuj,' debts iit those Posts, we tind by the Inveutnry thut on the 1st of June lust lliey were us I'ollnws: — #3,125 I>,(i,j3 1.7.10 2,i)77 -J.;!!'.* St. Anne's Portiiire In Pi-iirie l'(>pliir I'l.int I.DWir I'lirt (iiiriy I'eniWnii... (ioorpitiiwn Wliite Horsn I'lains H.;!Jl 1,103 HMH The aindimt written off ill respect of the Outsl.mdiiij^ Debts at these Posts in Outfit ISTti, was >s/j,!)jl, of wliiidi §l,!loS and $^i,71!l, apply to St. Anne's and Lower Fort (iarry, leaving only small amounts for the other Posts. On a review of the results of the tradinj; at these Posts, and on consideration of the wlioli- ea>e, we ure not of oj)inion that the t'onipany has the means of earryinjj on |)r(itit.ibly the business of retail shopkeeping, apart from Fur trading at tlie minor Posts in lie' lied Rivei' l)istrict ; and we would concur in the recommendations of the f'liii>f t'ommissioner that the.se minor establishments shoidd be gradually cliLsed, cxcejiting perhaps the I'osls of IVn\biiKi and White Horse Plains, which, under earel'ul supervision, might be carried on with a jirolitable result. Since the foregoing was jinpared, a lurther letter has been received from Mr. •!. II. McTavisii, dated Fort Uarry, Jnd A[iril, in whicli he reports that the tiade at Portage hi I'ruirie is likely to show a jirotit of about § 17,11(10 in l>utKt |M77, and that the utmost care is being taken with the vif w of having the Inventories of all the Posts in the District correctly taken and every art ill- put down at its true v:due. ' I'OUT GAUUV. liiis l!stabli.shment isilivniid luln two hr.nuhes : — \-\. 'I'lie lt( pot lli'iMK h. l.'iid. 'i'lo- Ml irhiiuiiise or .Shnplvcepiui; llianeh. 'i'lie l)r].6l in \>^7't showed a Intnl \aliie and outlay i including ciiNloins duti(■^ and trans]torl cluirges, together ^ItT.OIXM of >!l|.j,;i,'l). In 1S7(; (customs and tiiinsport S2.'.J,00(I) >ji!,0lU,71>S. Of these totals there i.>i represented for wig.s, $•.'•,>,.")]! in 1^7".. and $29,7(10 in 1870. The Inventories < :f -toi k on hand at the close of lach Outfit varv. IHT5 IH7(( SI71,Sl;l 20i,;ni These figures are large, Imi l''ort Oarry has nciw becoiue the emporium of mnnv of the Posts, which were fornu riy su)ipln il from V(uk I"actor\ . and this will to .som<' degree ac;! M. Itiiivir 7.:!:!-J M. Miirtni L>.1.-)1 l>.illiirs r>,;!08 M. Hiliver (i.ll.'>.) M. Marten •J.HdO lloUiirs The redtiction iu Made Beaver and Made Marten advances is nan li greater than the increase in Dollars. Strrri.ii'.s kkom Hxoi.am). Outiit 1871 ,, 1H7.) ,. 1876 1M.7J7 18,79,-> In Outfit 1877, lor which the Returns and Accounts have not been received, the supplie.i amounted to £9,-y27. The Returns of the Department liave reuli/ed tlii. Inllowing amounts : — Outfit 1871 .. .. .. £10,712 „ 1H75 .. .. .. aJ.«oi „ 1870 .. ,. ., .. :n.-.l8 In the Country Accounts they were valued — Outfit 1871 at .. „ 187.-. „ .. „ 1870 „ ., £;!1,(;76 ;i5,l77 30,711 31 Aud the result of trade given in the same Accounts is as follows : — Outfit 1874, apparent Profit ■ • 1875. „ 1876, £13,553 14,229 5,327 The following is the actual result of the trade of the Department, without interest on Capital and the proportion of London Expenses : — Outfit 1874, I'rofit .. .. .. £21,320 „ 1875, „ .. .. .. 18,017 „ 1876, .. .. .. .. 7,268 Statement showing the result of Trade as ascertained upon the Country Valuations : — Districts. Outfit, Froflt. 1874. Outfit 1876. Outfit 1876. Lon. 1 Profit. Loss. Profit. 1 Loss. j Alhany Eiver . . £7,703 1 £5,541 £3,453 Rupert's Rivor . . 3.665 ! 5.894 1 2,568 Niiw I'list 356 158 nruuHwick 1,473 .. 1,327 •• 539 Kinoguniisseo . . 1,870 1,706 1,149 1 i EuBtmnin . . ' 1,179 , , 2,492 1,753 Abitibi 1,218 t * 687 •• Truiisfe Mon Depar rrcd to ; treal tment. Moose Factory . . •■ 3,408 •• 2,056 3,717 Do. Sale Shop Moose Trade . . 614 2,oi: 1 Included with Moose Factorj' Ac count. i General Charges • • ' 2,451 ! i i 671 33ft ALBANY RIVER DISTRICT. )lie-. Inventory at roiuinc'iii'i'nuiit of Outfit 1874 £5,311 ,, tlosL" of Outfit 1876 .. of .. 6,469 Showiiig.an increase £1,148 Supplies sent out in Outfit 1874 . . £3,831 ., 1875 .. 2,895 1876 .. . .• .. 3,693 Goods traded in 1874 £2,473 187.^ 2,545 1876 4,254 Or an increase of . . £1,800 OS compared with Outfit 1874. The principal returns of the District — Beaver, Marten, !i[ink, and Otter* — valued at the prices of 1876, amount to : — l'«,S77 in Outfit 1871 •■!,H!U ,. IS-.i A.l;iJ ,. IHTd the latter bcinjj only i,'/)oO ia cxci'ss ot' Outfit 18T-1; wLilo, as already pointed out, the inc-reuio in the iimount of jjnods trailed was i)l,S(lO. The result of Trade in Albany Uivor District is as fullows: — Outfit 187-1. on apparent I'rofit of i'7.70;t ,. 1M7"> .. ., •■)..".ll .. 187tl ,, ., 3,|.-);t 'I'he returns nf Albany District fur Outlit 1S7(>, valued at the prices of the previous vear, ■Nvcuiid have anutunted to t'l 1,.')V,). bcin^ l"5,rj<) raore than the valuation at which they are credited uii the accnunts of tlie De]ia! tineiit. Mr. I'aksiin, the ( Ulicer in cliarjjfc of Moo.so Factory, reported that Iniliun dibtH liail (Ifcrcu.scd 417 M.U., Iiriiiciimlly at Mistassinory and Niti lii'iimm. At ouo of the I'osts named MftcLiskun, the business was not found to be satisfuetory. and the officer in char)^, Magnus Linki.atku, was reiiiDved fnitn it, bocauso thr returns liad fallen otf and the debts increased. \KW POST. Inventory at cluse of Outfit 1 K7<'> Suppliis ill Outfit IHT.'i .. .. I, !*<"•• . . . . . . . . Ciiiods trarlcil, Outfit I H'.'i l«7l'i Principal Roturn.s, Ikaver, Sfarten and Ottir Outfit. 1H7.5 Apparent Profit, Outfit I.s7,'> i':is.-) lH7r. ., £.-.45 C17 ilH.') .504 X.'.tl8 o9.'> l.-)H The Indian delils Iiud decreased Id;") M.M., and at the cl.»e of Outfit IS7G stood at 780 M.M. Mr. Paksoxs eousidercd these debts larjrer than they should be for tlie mnnber of hunters, but several were debts of old .standinjf The business of the Post was satist'aetury, and no bad eti'eet \va.H percejilible from tlie tran.slev of Abitibi to the Montreal Dejjartment. imUNSWICK POST. Inventory at eoiiiiiieneenient of Outfit 1N74 elos.' of Outfit 187(! Su]lplii"i srtlt out, ( )utlit ls7l 187.') t«7(; £217 363 £1,'.>37 f,Jf4 (jooils trailed, i )iillit 1h7 t „. „ ., 1H7.-. £1,168 1,196 lH7ti 1,408 Valuation of the prineipal Returns, Heaver, Marten, and Otters, at 1S7G prices: — Outfit IS74 . . £'J.():.'o ., 1.S7.-1 l,4y lK7i; 1,591 Accordingly it will be seen that the returns sliow a decrease of £1,000 in Outfit 187t), when i.'J4(i more floods were traded than in Outfit IS?!. The result of trade is stated in the Count ry Aeeounts as follows: — Outlil 1871 oil Apimivnf Profit of . . £1,47:; ,. IH7.") ., \.:V27 „ lH7r, ,, 539 ■ The < fllieiM' in eharfie states that the returns show an inijirovenient in every item of im])ortanee, e.\eept l-'isluTs, whii'b are 'JO per eei.t. lower than in Outfit 187"). liears and Musquash are from Jta to 40 per eeiil. lietfer, and Minks and Lynx have increased SO peri'ent., and Otters MO per cent. At the jiriees adopted in Outfit lS7;"i, the returns of < >iitfit IS7tl would havi! shown an improvement of i'M','. If that amount is aiided to the apparent profit of £5'{!(, the result of trade at Hrnnswiek for Outfit lH7ri would hr about tiie same as that of Outfit 1870. Mr. Pmison reported that there was a slight decre:ise in the Indian debts which iinioiinted to l,l4s M.B. Prom the 1st .lune, 1877, this Post forms part of the Montreal Department. The Heturns of Outfit 1876 were sent to London by way of Lake Superior. 24 KINOGUMISSEE DISTRICT. Inventory at commenoement of Outfit 1874 „ close of Outfit 1870 Supplies gent out in Outfit 1 HT4 . . .. i«Tr, ., IHT«i Qooils trudiMl, Outfit 1N7I .. ' Ill II ,, Ifti •) . . I , „ .1 ,, 1876 £1,680 2,081 £l,'Jli4 1,813 1,913 1'1,H13 l..')53 1,U3-J Valuation of tlio principal lU'turns, iicavor. Marten, and Otters, at 187(5 prices : — Outfit 1871 „ 1875 . . „ lH70 . . Apparent rn>lit <'i itlit 1H7I II M f II »» • 1875 187f. £2,151 2,141 2.7'.)2 £1,870 1,706 1.14".» The Returns of Outfit 1870, valued iit the prices of Outfit 1875, would have increased the apparent profits by £\,'2')~). Kxcept at Mctochewan, the Indian debts have been largely re I. STRICT. Inventory at roinmcnccinciit of Outfit 1874 close of Outfit ls7(i . . Suppliis sent out iti Outfit 1H74 ,, ,, ,, 187.') „ 1876 .. Goods fnidcd in Outfit 1874 1875 1876 . £7,50;) 7.6'J'.» . £1,783 2,<',61 2,750 . £1,520 1,501 3,883 Valuation of the priiuipal Returns — lieavers, White Foxes, Marten, and Otters— at ISTfi prices: — Outat IH74 ,. 1H7.'. ., iMTr. Apparent 1' rofilfl, () ittit IK- I n It If 187 187 5 6 £801 1,608 ■I. I 63 . £1,170 2,402 1,753 Had the prices of 187") been adopted for the Iteturiis of Outfit 187C«, an additional sum uf i)l,804 would have been uddvd to tlie apparent prutits of the District, 3ff Mr. Pabson reported that Beaver had increased 50 per cent., and Otters 30 per cent. Uiibbits were in great numbers, but the prosperity of the district was owing to tho increase in Foxes, more especially White Foxes, which were swarming during the early part of the winter. and had risen from 1,571 skins in Outfit 1875 to 11,692 in Outfit 1876. The Indian Debtor Balances amount to only 158 M.B., being a further decrease on those of Ist June, 1876. ABITIBI DISTRICT. Inventory at eonimoncomont of Outfit 1874 ,j close of Outfit 1876 Showing an invToaso of Supplies sent out in Outfit 1874 .. 1«"<'- Goods traddd in Outfit 1H74 „ „ .- 1«' ■> 187G £467 1,284 iSOO £3,480 y,206 2,818 £3,<>76 2,537 2,721 Valuation of the principal Return.s: — Boavor Martpu, Mink and Otters ut 1870 prices, Outfit 1874 •- >"5 Appnrmit rrotit, Oiitlit 1874 1»''^ 187(! 2,594 1,867 2,790 i:i,218 (187 710 This District was tnuisfi'iml to tin? Moiitrciil Dqwrtnient at the comnumcoment ol Outfit 1H70. Tlu^ Apparent I'n.lit would liuvo i xccedcd thut of Outfit 1874, hud the same Valuation of the Uofurns hiMMi iidopti'd. MOOSK FAt^'TOHY l)I<;l't)T. Invnitiiry at (■uiiiniiMriiin nl of Outfit 1871 „ cluHc lit' I tilt lit IH7ti , . SupplicK Bcril iiul in tliillit 1871 >""6 1»70 UuodH tniilrd, <»iitlit tSTI TnuiHl'ii-.s to JtiHtricta . , Leaving it Imlamr of Ooods triul.Ml, Outfit 187.'i TniiiKfrrN to I)i>iiiitN . Ill'avin^: a lialnm i' of . . Qoods traded, Outfit IK7('. TrauHlcrN to liihtricth . . Leaving u lalancn nf . . . £27,468 29,769 , . il'.l,.'118 l'.>,(M8 10,1141 . . £21,556 ltl,2.>8 . . £ll,!IU3 7,1MI2 £Hi,'.til7 8,5 H £.•1,298 £6, '.Ml £8,l2i; 26 Comparing Outfit 1870 with Outfit 1S74, this statement shows an additional outlay nt Moose Factory of £3,000. a portion of which arises from the fact that, in Outfit 1874, Customs duties were placed to a separate account, namely, " General Charf^es," while the correspond.n,. item is now dealt with in connectiou with the supplies of the depot. In Outfit 1H74 till' amount of "Gcnoral Cliarp-s" A..,,imt was. . fJ.ISl ib7j .. 221 ISVti ,. •• showing a reduction of £'2,200 in Outfit 187(1 as .omparcd with 1 S, 4. The wages of Servants employed in the Dtpot, charged .n the Factory Accounts were us follows : — Outfit 1874 .. .. .V ^^'"^^^ ., I87r. '■''-' .. 1876 '•''« Valuation of the Returns of the Depot in the Country Accounts :— Outfit 1874 •'■"-'''"'' .. 1875 ''""' ,. 187ti ■''•''' Result or Trauk. Apporent Loss, Outfit 1874 ,, 1875 ,. l^*7f'i £a,40H 2,0,")t'. ;!,717 Had the Return, of Outfit 187(i been valued at the prices of 187;,, the apparent loss „f £8 717 would have been re.lueed bv a sutn of £l,OliJ, showing an mcea.ed cxpon.hluie ot .700' in Outfit 187.i,witb .ega.d to which the Oflicer .u charge at the Factory has u.,l uttered any explanation. of nil Oi 1 ,' nt ;oins MONTREAL DEPARTMENT. t loss iilj' 111 H llllt Abstract of the Inventories ol' the Montreal Department. Enjiflish Goods . . Caiiaiiiiiu ,, Live Stock Outstunilinp; Debts Oiish Buildings und Improvi'inents Boats Balances transferred Outfit 1874. OutKt 1875. Outfit 187B. £26,616 £2l,i>15 £23,561 11,786 17,611 17,095 903 839 917 6,H22 7,095 5,391 1,101 901 1,080 2,511 2,028 2,301 3i;! ;i87 409 18.770 .'11,019 26,106 i:72,i.'>H l-.S.-).()IH i;7T,i('i.'i These Balances are represented by p>ods received or pur-'hascd at Montreal on account of the District, contained in this Dcpart.ncnt. u.s well as on account of the Northern Depart ment, for tb.' trade <>( tbc following' ( »utllt. Th.. larp St item is for account of the N..rlb. n. Dcpavt.n.nt, the amount at the ,dose of Outfit ISTti being SiJ~. I'' *• The fnllowlnj? is a list of the Outstanding Debts:-- I'lpit William NipiKou Micliipicoton Ti'iiiis(an\iii|j;ne Ottawa l.'ivcr S^agiii'uay Bcrsaniis Miii^niii SI. .Xiii.'U.'.litw ICaquiuiuux Ba.v •• •■ !H{;,88,0 089 822 4,680 4,378 2,447 479 2,642 1,164 2,048 <2('«,2;(9or £5,;19! The atnouut written off for bad debts i,. ( .utfit 1.S7 t, appears to have been S13,UtK). «s compared with S^t.^l-'ti iti Outlit 187.-., and SJ.-'OO .n < 'uttit 18711. India,, Debts are not valucl, nor have the an.ouuts outstanding been .eported. .Supplies fron, iMiK'hinil. Outfit 1871 ,, 187.'i .. 1876 £21,810 17,090 1 1,000 A further reduction in the atnoun. of the ship„,e„ts ,o ,l,e Montreal Department was made in Outfit l,Hr7 in .onscquenee of the uusal.sfaetory n.ults ot the trade ot tho Department. The imiount was .l!l,804. Tho ltetii,„s of the Departmont rcali/ed £:.K,7.-.0 i„ Outfit 1871 l> ."i1,ll8 4;i,028 1875 1870 ■ito' 28 These Returns were valued in the Country Accounts us follows : — Outfit 1874 „ 1875 „ 1876 $264,850 = = £52,970 •244,85!) 48,971 231.902 = = 46,380 Result of trade upon these valuutions : — Outfit 1874, upparont Loss 1875 „ .. . 1876 «1 1,162 = £2,232 11,746 = 2349 3,377 = 675 In Outfit 1876, Abitibi District, includ«xl in the result of trade of the Montreal Depart- ment lor the first time, showed an apparent profit of $3,.'>.50, which should be allowed in comparing the result with that of Outfit 1875. The valuations of that Outfit applied to the returns t)f Outfit 1870, would havo produced an apparent profit of $28,000, as compared with :in apparent loss of Sll,74() in Outfit 1875. The actual result of trade, without taking into account, Interest and London charges, {.•s as follows : — Outfit 1874, Loss „ 1875, „ „ 1876, „ £1,000 4,522 4,812 RESULT OK TKADH, MONTUKAL DEPAUTMHXT, ITON THE COUNTRY VALUATIONS. I'nrt William Nipi(fnll , . Mi(hi]ii(iitMn I,!■.■ l,.-.i:> 3,681 f .. 1,'.I57 11 2,817 3,0H6 17'.t 623 3,151 1,'.I77 09 6.134 7,340 •• ,'1,0(16 H3 4,575 I 21 33 1 . . ' ' i ".". 13,473 6K 3, 329 •J, 153 61 •• 1 1,.VJ5 1 , , 2,200 7,611 1 U13 13,757 32 .. 1 1,170 •• • • 1,184 1 " 1,038 1 i,ao8 i LOH*. t3,843 333 2,540 82B Jl.OHt ;),(m(i 3,1:1 1 7,340 1,170 1,008 29 FORT AVTLLTAM. Iiivi'iitnrv at llii< lomiin'iici'iiii'iit of Outfit 1874 „ rliis.' of OiiHit 1H7C. . . Su|)|)lioBsi'iitiiut ill Oiitlit 1S71 ., 1«7."> ., .. IS7ti .. (Juods tnulcil in Oiitlil 1S71 .. .. , Sales . . I.i'aviiij.'- fur I''iir Tiaili' IH7.-) Sales .. .. . Leaving.' fdi' Fur Trade ,. 1H7(; .Sales . . Tii'aviii"' top Fill' 'I'nide «44,005 .•)3,255 S4 1,932 34,.'i.J3 30,693 *1'.',556 •21,000 SIH,,)(M) S 19, 110 19,000 S30,110 S30,,517 19,000 jtl 1.601) Viihiaiioii (d' the |)iiiui])al Keturiis — lieaver, I'"iHlu'r. Marten, and Souls — at 1870 pill' Oiillit 1H71 1S7.') lH7(i Ui:si 1.1 cii' 'I'll M)i,. .\|i|iareiii I'lolil ill ( liiltil IH7I l.dss ,. 1H7.') .. lH7ii 11,271 1,508 1,158 8fil .. iSl.i,139 3,H 13 Tn eonseqii<'ii((> (if the licavv Idss -.ii^tained in Outfit iS7-"i, tlio ( Hlieer in e!iari;o at Moiiireal \va^ diieeled to jnoeeed to Vint Wiiliani, and report t'liUy upon the mode in wliieli the liu-iiii-i-i had been eoudiieted. and tlie cause id' the his.-es Me I'oiind il lleeissary. ill order that eacdi item ol' expiMidiliire nii;j;ht he (•iiar}.''ed to il> ]iiop(>i- aceoiint, to make out a I'resh set ot' hnoks for the district, and to hiv down i iih's lor the truidauce of Mr. .IiUlN McInivui', who oiiiv ri^inaiiied in ciiarj^e of tiie |)i-liiet till his su,ces-or, Mr. .Idsi'rii 11 vHll|s^^, airived from Lake iiurnii. Il was louud that almost the (MiIiii loss had hi en sustained at the I'osi o, i'orl, William, and thai allhoueh proliN liail hi en made on sales of ^'oods, _V( I these Imd lieeii more lliaii swept away liy the e\[H'Uses of ihe I'li-l, los-e» frotii unpaid advauets to Indians. and I'rotn iiail deliS. .Mr. Ilissi.n added liial the Indian .■ulvanci s weii^ for supplies )j;i\en duriiie; (.liittil l>7li, lull that the outsiandiiiLr di h|s, in respect of wliiidi allow aiicc.s liiul been made in ('iillils l.s^To and IS7tl, had luiii liinu;;hl I'm waul from previmis l.)ulli|s. Tllel'e ucre some Lroods on li:iiiil at I'oil \\'illiani in excels of the piMliahle reciuil'i'inents oi' tie jlistriel. .Mr. liissin's lleport sliouscli'arls that llie luisiness at I'ori \\'illiaiii l>istriit had been lllisinamif^ed by .Mr. .\!i Imvih', and that the losses arose eliielly from Indian delils. Mr II Miiusn , now ill ehiire-e of I'oii William Ihslriei. nieixrd clear instructions to ailliere to a s\s|em of Hide that would pre\eiit bad delils. an! the I liief ( 'oiiiiiiissioncr addcil, " As I leid stiiisiiid he v\il| <'arry tuit these instructions, aiiolher year » ill deiiionsl rate whether it is ds isalile III continue business there oi' not," The s lie- of jfooils Were la reel' in t Until IsT I than in lS7'i and 1H7(), oil accoiini of the (ioveriim '111 hiivinu' in lS7t concluded a Trcily willi the liulimis iulmbiliiiij the counirv lietWeell liiike Slip. 1 ior :ind ihe Lake of the Woods. 'I'he cash paid to the ludiills was 1 .#^ 30 pciidtKl by them in the purchase of goods, luij the uiiiiuiil piiyniciiis lo thi-m are siiiiihirly ployed. In Oiittit 187(5 the I'rotit oti Merehiuidise Acr.niut iiincmiited to 5'i,21.'), while the losses from advances and the expenses alluded to by 'Mr. Uisskh exceeded that aruouiit by $3,700, the apparent Loss stated in the District Accounts. ex; em Nll'lGON. Inventory iit comiiicucciiiriil nt diitlit 1871 . . ,, cloN.' of Oullit lH7i) . . Supplies sent out in Oiittit 1S7 I „ ., ., !>*"•■' •• „ 1878 - Uoihls InidiMl iu duttil 1S7I Sid.s I.I ;ivin(;: tor I'"m- Trnili' „ „ 1H7.^ Siili's l,iiiviii)r for Fur 'I'radr y .. 1M7.1 Sllll'S I.i'Mviiig I'lii- Fur Triiili' 829,46.'. •.>8,onil !iii8,(M!;2 17..'iiil 10,7'.m 17 001) $11 2 MM 0(10 $11. mm S1'.',.")00 SI.5,'J'.'('. 2,000 *ia,22G Viiluation ol'tiie principal Kclurns in l'.c;iver, l-'isher, Lynx, Marten, .Mink, and OltiTs. at l>>7'> priics :- — i;i.;"i7 2,200 iiiiilil 1h7| 1H7.'> .. lf>7ii iii;st,i.r 01 TisAiiK. A|.pnr.'Mt IVnIii in Ciitl'it 187-1 ,, Loss .. IHT.! I87r. 107 ;i22 Mad the Keuirns of (dillil lN7ti been assunicil at llu valuation of tUitlit 1X7^), ilicre would have been on an apparent prolit in the DiNtrict of almut <51,")00, upon a capital of about $40,0(10, so (hut even at lust year's ])ricc.s the District would not yield ;") per c.nt. In this District also the Sabs of goods u> the Indians were lavfjer in iH7l. in cons,(|ucnce of the conclusion of the Treaty with tlie (invc imnent. MICIIU'KOToN. lllVelitiiry at llllllUlehreniellt cit' t»M!lit ls7l ,l,iKe nl (tllllit 1870 . . KuppiioM ia dutlit 187 I 18;o 111! II'IISC sn,7oi I 1,188 «l,487 »21,034 21,402 18,851 I Goods traded in Outfit 1874 1875 IH7(1 81 $18,801 18,114 18,055 Vnluutiou of the Principal llcturns— Beaver, Fisher, Lynx, Marten, Mink», and OtterM — at 1870 prices : — Outfit 1874 £3,857 „ 1875 ;>.532 „ 1H7(; :J.»7& HesII/IS OF TUADK. Apparont Profit on Outfit 1874 1H75 1870 1812,949 5,953 1,777 At last year's prices ilio returns of tlie District would i\ave amounted to £■"»,•>•,'»), or £i»()0 more than the valuation put upon them. This would liave increased the apparent profit to $8,:i77, or about '2r, per cent, upiui tlie capital of $30,000 employed in tlie District. I-AKK lirUON. Iiivi'iitiiry at the romuii'miinriit of OuUit 1871 . . ,, clo.sc of Oiitlit 187fi Sui)plie» sent out in Outfit 1871 1«75 l87Ci (i Is tnidcd in Outlit 1871 1875 l«7B $14,884 10,!>78 S'2'.' 00(1 17 8(;',i 15 873 !i>2^ 134 23 ,430 Viiluation of the principal licturns— Iteavcr, Fisher, Miirlcn, Minis, Mu^(lu;l^ll. am t)tler>--at I.'sTt! luiccs: — ihitlit 1H7I 187.'" „ IHTO £3,!)00 4,016 4,375 l!i-.si i.r 111 Tkadk. Apparent I'mtit, Outlit 1k7I 1875 1876 S7,453 4,(iOO ■i03 Mr. lllsM.ri reported that tlie apparent profits of the District had dccdined luaiiilv on account of additional expensi's incurred in meeting greater opposition tliaii informer y. ais; but the result would have lircn eipial lo that of Outfit I87">, luid dn' same valuation of tlie returns been adopted. Tlie capital eiiipluyed in tlie District is about $30,000, upon which the apparent prolit of tjiltlit l^T.i woulil be LO per cent. 35! TEMTSCAMINGUR DISTRICT. Inventory at tlio cnmmenccmpnt of Outfit 1H7 I .. .. .. SJ'.t,!)l;i „ closoof Outfit 187(i .•12,083 Suppliogsont out in Outfit 1H74 .. .. S27,777 1H7.^) ;ia.5«4 „ lS7fi 25,040 O.HMlfi tniii.d in Oiittlt IH7t J2H..i!>9 „ ,, lH7.-> .'11,719 1H7(> 27.(567 Valuation of the princijial IJcturns — Boavpv, Fisher, fiynx, ^rnrtcii, Mink, Musquash, and Otters — nt 1876 prices : — Outfit 1«74 .. £4,.'i7:i ., 187.'. .■!.9'.)7 ,. 187G l,or.2 Kksii.t ok Tradk. Apparent Trofit in Outfit 1874 ,, 1,088 ,. 187.) 187r, ccoi-(lini.'lv it will be >con that ltieri> is a (liilcivnco ot 'S.S.flOO between the result of Ti-kIc- ill Diitfits 1S74 aiul ISTd. The returns of last Outfit, valued at prices adopted in IHTo. «o lid liiivc amounted to l,'").o74, or about «s."),000 more than the valuation in the .\ccount8. 'I'liis addition would have residted in an apparent profit of 5-.-"''"^. iii^t<\ul of a loss ol' about the same amount. Hut as the capital employed in the district is neiirly S*>0,0(lO, the profit -liMuld not be less than jilo,00('. or 2.") per cent, upon the eiipital. The explanation given by liic Officer in charjro of the unsatisfactory state of the accounts of Temiscamingue district is th.it }»reiit etiort has been n'(]uired for some years buck to keep out o|ip(isilinn, which would )i;i\' Muiterially aU'rled the trade of the oiillyini,' posts iVoin .Iinne^' iiay in tlie Soulbern i».p irluiiiil. I, ;i-l year ilr. RissiiTT explained that the iJeturns ot' the district showed a decrease .1- compared with tiiosc> of Outfit ISTI, but the fact that a larger amount of }»oods had been traded in Outfit lS7'> for tlie smaller (|uuilily ot Furs, shows ih.it ill couscqiicuce ot .i[i|iositiiiii the prices had be u larjfcly iiu ntiM'd. OTT.XWA IMVKli. X-, Inv'iitnry at tlf I'cimiiiiin'.'iiii'iif nf Oiitlit ls7 I ,, " I'losc of iliittii 1871 Supplies s.'ht out iiiHiniii im71 1n7.-> IH7(1 (ioods trail. 'il III I tiiiiii |s7 I 1H7 'rniii>fiT.s I,i'iniii}r t'nv 1'iir 'I'riid 'rriiiisl'irs l.iiiviii"- for j-'iir 1 riidi' »!7.S20 17 74-) !«8.N2;l lO.liKl 11.417 Sr.'.tuO li.ii.'i*; #1(1, 000 ;).7r,9 Sd.Odo SO. 2:! I is7ii 1 ranslirs Sail's s:t.;ioo Slii.'.i.-il sr^Hiio 1,1 uviiiL' (ol I'lir 'I'nidi *l,f)l 33 Valuation of the principal Returns — Beaver, Marten, Mink, Musquash, and Otters— at 1876 prices: — Outfit 1871 ^•■^99 „ 1875 485 „ 1870 649 Rksult op Tkadk. Apparent Lohm in Outfit 187 I . . „ 1875 .. 187<) . . 9t,380 3,666 829 Tlio total value of the Returns of Ottawa River District is t'TJvl against £800. the value of gooila traded. The P'urs, valued at the prices of Outfit 187"), would have amounted to £9>U, leaving a niurgin of £130, which falls short bv i'iOO of thr aniouni paid in the District for wages. In reporting upon the Accounts of Outfit 1875, Mr. Bis.si;rr wrote as follows : — ■• The Ottawa RiviT and Sa^ueuay Districts are again unsatisfaitorily showinf; deficits, .-md •• except as frontier I'osts holding a clicck on the intrusion of outsidu traders with tlic iulerior " Districts. \MPuM hardly bo worth maintaining." As regiirds Outfit 187ti, he wrote: — ■■'fhc transactions at Ottawa Kivcr arc [irincipally for Cash, and the loss has been reduced •' sinci' last year Ironi 8:!,f>00 to about !«Hlli). and the trade of this Station, nnght perliaps, with •advantage, be relincpiislicd altogether were it not for tlie protec tiim it givt s to the Inhim! •• Districts." ST. MAUUIC'K l)I.>^Tltl('T. Iiivetiioi-y at oommeneement of Outlit 1H71 dose ul' Outfit 187t> Supplies I'lirnislied in Outfit 1871 Orat'ts by OlHccr in ( liarge ."^uiiplii's lurnislied in (Jutlit 1875 Drafts by OIHccr in cliarge Supplies furnished in Oullit lH7li Drafts by Otlicer in charge tiioJ... i'ic, tmdeil iiiOutlit 1N7I.. Transfers tbiods. *c.. traded in Outfit 187.> liooils, &c., trailed in Outfit lH7t) «1,341 1,731 *ll),'.)73 11,995 S15,371 11,9,34 #14,235 7.Ji!l •iJ5,47K 3.ni)0 #21,476 «J3,00() r.i, 100 Valuation of the principal Keturn.s -Heaver, Marten, Mink. Musipiash, and Otters- at 187') prices : i;3,il)3 3,649 2,893 (lullit l«i I 1H7.-. .. 1876 HksI I 1 OK TliAIIK. Apparent I'mfit in Outfit IH71 18''' •• I.OSH ., 1876 mi 1,616 3,681 84 The Returns valued at laat year's prices would have amounted to £4, 111 , being an increase of ab.Mii £800 iu the valuation in the accounts which would have covered the apparent loss. As regards >St. Maurice District, Mr. Uissktt wrote as rdlows ; — '• Here u v.rj- miirkcd decrease is seen in tlie iimimut nf the Returns, the falling off beinjj • iiLimt on.-tlilnl, iiuil the apparent loss e.insciiueiitly ai.iir..iulitnj,' «;!,700, as eoniparod with a • piolil ol' Sl.-'itlil iu 1H7.>. This decrease arises, not ho much from (greater compelitioii, but frieu • an actual dearth of Fur-bearing animals iu that seitiou of eowutrv situati' betwtcu the iSajruivary. ■ St Miuirire, and Gatiiieau Ivivers. ST. AUGUSTINE. Inventory at commencoment of Outfit 187'1 „ close of Outfit 1876 .. Suppliis sent out in Outfit 1871 Drafts by Oflicer iu Charge Supplies sent out in Outfit 1875 . . Drafts by Oflieer iu charge Supplii'S sent out in Outfit 1876 .. Drafts lpy Oflicer in charge Tioods traded in Outfit 1874 ■ ■ 1«T5 ,. 1»76 Valuation of Uetunis in the ("ouutry Account.^: — Outfit 1874 ,. 1S7."> „ 1876 $0,324 9,934 88,169 1,855 81,992 l,9H;i «3,210 672 88,277 8,388 •2.311 86,079 .•!,837 '2,430 Rksui/i oi Tkmh;. .\pparent Loss in Oullil 1874 1»75 Trorit ., 1876 8.'!.0U6 4..-)75 21 In con.-equenee ol the heavy losses sustained in Outfits IST4 and IS7-") at St. Augustine, the lV)~t has been reliii<)ui>hed for the present. The Uilicer in charge appears to have made hirge ad\uuce.-< to Indians, which renuiiued unpaid. ,v SACUE.NAY DISTRICT. liiv.iitMiv at till' coMineuecniint ol' ( lutlit IHTl ., close orDiillit IHTii ■■^upplii s furnishi d ill < >utlit 1K7 I I'ral'ls liy IMIiccr in H2 821.23(1 17,461 11.9.J6 3o reuse li.inu it It 11 friim ■vary. Viiluation of tlie i)rinfipal Returns— Beaver, Marten, Muaquasb and Otters— at 1.S70 (irice- Oiitfit l«7l 1875 1876 lU-.sn.T OK TllAllK. Appiirfiil Lip«» in Oiittit 1871 l«7li £2,357 1,836 1,243 « 1,957 i!,8()7 3,086 Sa<,nii'ii"y was n t«'i-rc(l 1o by Mr, Hisskit us lieiiig a Frontier District kept up for the l)rotection"of the trade in tlie Interior. In his hist report ho alluded to the falling otf in the qtiantity of the returns of the Distrirl, in enuso(iueiiee of the scarcity of fur-beiinnf? animals. The returns at last years prices wouhl tiave amounted to £1,!H 1, heini,' an increase of £M0, or Jil,r)0(» on their valuation in tin- accounts. Even with that addition there nould be u loss on till- trade of the District. It will bo observed that both the supplies and the ]>rofits of the Otticerin eharj,'o for funds, with which to purchase furs, have decreased in amount ; and it may be remarked, t"hat durinj,' OutHt, ISTT, the purchase of furs has been still further restricted in this and other districts of the Montreal Dipartnunit. BKKSAMIS AND MLNGAN. Hersamis and Minpin Posts, in the (iulf of St. Lawrence, have hitherto been kept upat a loss, ill view of the protection they have atlordcd to .some of the valuable districts m the Southern D.purtnient, to which opposition trades have not yet penetrated. istine, niudc ISKUSAMIS. Inventory at ciiiMin'iirrMicnt of Oiitllt !«< 1 .lo.-.,' nt' Hiiilit 187(1 Su|i|ilii's i'iinii-li''l ill "iitlit 187 I limits by Ollircr in charge Supplii'S liiruislii-'l ill I'lillit 187-"i Drafts by (llU.rr in ihargo Siijiplics funiisliid in Oiittit 187(i Drafts liy Oilier in ilnirge (ido.ls. &i:. \r.u\v<\ ill Oiitlit 187 t l.sT.-. IHTil 84,98ti ;!.8(H 811.011 •1,673 87,667 ■l,i»80 #13.011.) .'1,803 »r.',710 l(i,3,M 1 !).',) J7 llisi;i.i 111' TKM'fc;. AiiliavMl I'mllt in Diitlil 1871 . . 1,(1SS 187.'i 1876 »179 623 3,1. VI The Uclurns. valued a, the prices ot ..ulli. Ls75, would have ^in.wn an nnprov.meut of ,l,ont ^:!.KMi. Mr. H.sskt, reported f the Chief ( ■on.nussi„ner .hat Mr. (iuK.an; It, ,«;,.ss, ,1,., ..levk in eh«r(;e of licrsami., had taken upon hiniself to tnake advances to the Indians m t.ntii, D^TC, far bevond the amount he was anthori.sed to niake. an.l when their hunts were .veeived in the Sprinj,, a lar,n. snn. ivn.ained unpaid (about #8.100). Ha.l tins .mount not ,„ advanced, the post would have exhilnted an apparent profit ot $4,000. In reply, the Chief ('oniiniHnioncr iiddrosscd Mr. HissKrr as follow« : — " 8urh rwkloHH mismuimpMiwiit at* tliiit of Mr. ItriuiKss ih rxtrcmoly roprfihciiBililc, iind run •only bo doalt witli Huuiiiiarily. Ah noun, tlirrcl'or.', us you can pruvidc o Hiicct'dHor, you will rcniovi' 'him from his ihar^'f, ami inform him tliat his services aro no lonjfrr nnuircil." He eoufiiHiod : — "Tlx- system of outlittiuji Imlians at the (iulf I'osts must lie uLamloned, as from your own •ahowinn it invnriahly residls in loss, ami you eaiinot trust to tht> jiid;rmeiit of I'ost XIunu(i;ers: while ' there is no possihility of an ex])erieme.l rommissionecl otlieer hoinj; at all theaii stations when ■advances are nuiile to the Indians, who ccad.l .liseriniiimte Ketweeu ihe n sii.uisihlp and the ' irresponsible onps." MINO.W. Inventory at the eoninieiieement of Outfit 1N"I the .lose of (tutlit ISTi; Pninilies furnisliid in Outfit IsTl I trafts liy < Itfieer in eharfie „ „ t tutlit l.sT.'. Oratts by ' Mlleir iu eliarj^'e „ .. (Uittit IMTil I trafts by < Mtieer in eluir^'e liooils, iSie., tradeil in ttuttit l.sTl .. „ : ,, llullit IS.T.". . . dutlit iNTll . . #14,8S0 i:?,l")i SI. '(,173 :!,.-i7;i ■jtl 2,587 i,;t!M ■^I.VOOO 2,11-.' IH,5.')1 10. a Valuation ii|' tb" I'liuri]:;.! Uelurn — Keaver, Varlen. Mink aiul ()tler>— ut lf il;e iinlortuuale rouit of ibe trade at Miiijran bu' HuHit ll-^To, Mr. JtissKTl n'ported that it arose liem " undue acl\:iiu-.-. wlii.li were -lill uiipaul : " aial in referenee to Oullil I'^^Tl) lie urole ; — ■' At .Miu^run. ilie result of the luisiness is far from satisfaotory. showinj,' as it does un int reased •■loss from year to year for some time ba.k. the amount this year b.^in^' ui.wurds of »7,(ill(l. \Vi- •■ have m. salisfaetory explanation with re^mrd 1o tlii- .Mr. Uv.siKi. McI.mikx, Cbrk. who ha.- been •in ehargi^ of Nolasluiimn Post, at which a p.a.ion of the loss was made, has liec u disnii.ssed from '• the .- rvii-e. but it is evident that a further ehanj^.. eithi r in tie uiiMianemeiit (U- of tlu' business, ' is very nee ->ary." Upon I>'th oecusious a considrrabh' atmumt of eorrcspondeneo took place with the Chief I iiniini.ssioiii^r, .^ lio issued to I'ostm.isters llie bdiowinu: invtruetioii- : '•That i^oo.ls to Settlers or I'laiiliTS mu.st (.iil> lie r to •' pay their debts." 37 TTo considored thnt it would not bo prudont to withdraw IVom tlicse Posts, but their I'XitensPH would be reiluted to the lowest limits. I ESQUIMAUX BAY DISTRICT. Inventory at comiiioiicoraout of (Jiitlit 1871 clo8'' of Outlit ISTC) Sill. plies fiirnisliiil in Outlit 187-1 ,, „ OiiKit 187.'. .. .. • • „ „ Oiittit 187ti Ciu.Mls trndicl in Outfit 1871 Onttit 1875 Outlit 1876 «33,672 ;m,oi;! »:m,0I8 2(>,I18 M,0'j:i 8.14,1501 23,140 29,900 Viiluation of tlie rrii.cipul Returns of White and Silver Furs, Marten, Otters, and Salmon, at 1»7() prices— £2,293 2,297 4,844 Outfit 1874 Outfit 1875 Outlit 187(i Result ok Tuadk. Apparent Loss in Outfit 1874 . rn.lit ,, 1875 . .. 1876 . SI 3,4 7.'! 3,329 2.153 The Oflin r in ehargo explains that hud the returns of Outlit 187G been valued at the prices of Oullit 1S7"), the apiuireut pn.lit of the District would have been fully S7,000. This would be equal to about 10 per cent, gross profit on the capital employed. This District has 1,.., n atfccted not .mly by the low prices of Furs, but by t lie d.^liuo in the price of Salted .Salmon, from 788. to 57s. per tierce, and the low price of I'reservcd Salmon, namely : 7,1(1. per lb., as compared with lOd. and is. in former years. Chief-Trader Connolly, who 1ms since retired from the Service, wa.s responsible for the management of the District in Outlit 1871, and wus unable to explain the cause of the unsatisfactory result of trade for that year. The District has since been well managed and with a return of average good prices, would most probably show a fair percentage of profit on the ('ii|iiliil eni])hiyed. UNUAVA. Inventory at conimcnccnunt of Outlit 1874 close iildiitlit 1870 Supplies furnished in Outfit 1874 Outlit 1875 Outlit 1870 UoOits traded ill Outlit 1874 „ Outlit 1875 Outfit 187(5 Imri'aso lilfi.OO'.l 19. (188 #12,000 SI 2, 152 12, 739 11. 7ti8 S'.'. 774 8,114 8, 702 Valuation of tl.e principal Returns of Silver and White Foxes, Marten, Deerskin, and Salted Salmon, at 1876 prices :— Outfit 1874 ^2,164 „ I87r, ^''^^ ,. 1H70 2,822 ^ UhSUJ.T of TllADK. Anparuut Profit in Outfit 1874 18T5 .. «l,')25 7, (Ml 13,757 The Capital e.nploy.d in the District where there is no eon.petition "™ou«ts to 0, and the return for last year is therefore .".O per eent. The eolU>et>on of N\ h.te . TT .1. .„:.,.. o.,,!;. 1>J7(; <>viil ihiit of uuv ioruier year. $2G,000, Foxes at Ungava during OutUt 187() exceeded that of any ioruier y^ MONTRF.AL AGENOY Oil DEFOT, Invoiitivry of go.iils at iMmimeiu ciucMit of Outlil 187 I ilosr ot' Outfit 187(1 SupplioH t■u^ni^hl• 11 " ■rriuistri> t.. lii-tri.l> ill tlir iM.piiHiiirnt, ( >iiUll 1871 ,, l^T.'i »' " , -. 18,1) . 8'.t,'J04 H,(>4t> SI ',11, 8.') I •j7-.'.;!8',) •Jll7,7;i7 S-.'lo..''>.'i:! •JMi.ullI •jl-),;!8() The wn-es .,f .lerks i.t.d servants employed at Mout.eal are rluuj,'ed to the Agency, together with mil of olhe.s, and other expenses. Sales of goods at Montieal are .ledited in the a.vomit as follows ;■ Outfit 1874 „ 187.-) ,, 1H7R The final result is : — (tutfit 187! „ 1«"'' ., IM''- . 1,1''^ f'l'j . Loss ii,'2'M •■^13 .. l,Wo (jl.M-ltM, CllAIKiKS. This a.rou.it is liarg.d with traNelli.lg expetis, s uf Olheers in visiting I'ostH. and petty ,li.l„„~..non.-. lMtl,..hree(.u,llt^tl,e.•ha^gesw..>v^l,l^UI,0;lS,,l.ul$I.Ot^Sr..speetl^ely. SANDWICH IIAY DlSTUlCT-LAlUlADOIl COAST, 1„ 1S74 the Conipanv purehased the lo.ildings, plant, n.l stu, k of Messis. A. H. Hunt & Co , who iuid lor n.anv vea.s earrhd ot. a prolitalde huMiiess in tins distriet. TheCotupany aLoengaKed Messrs. Ilunfs manager. Mr. S. I) vw.., to .upenntetid tlie Im.i.iess, wh.el, ,s Homowhat difi'enait from that .•on.larted at Ks.iuiiiiaiix Hay. Mr. D^wc's aeeounts are .nrnpirt,,! in Lon.lon att.r the r.nurus of the Distriet a.v -.ol.l. Tlie Iti'tui.is eonsist of Sulmoii i-alted and pivs.rved), and eod tish. 39 Til Outfit ISTI, the supplios of {joods from Kn-lund and Moutroul amounted to i'a.OoS. lo >vl,icl. tlu. fni-lit of cliuiton-l sclio.mors, duties, and other charges of cousidcrublo amount, were ad.led. Tlie Returns amounted to £5,551, and the OutHt pr.iduced a profit of £l(i.O. The Capital at the close of lliut Outfit amounted to £(),40'i. In Ouiiit is::,, the Supplies amounted to t"i,!)00, and tlie Returns £7,150; while the trade resulted in a lo>s of £015. In Outtil INTO, the Supplies amounted to £1,80(), and a mueh larger outlay was incurred at St. John's than in 1874 and 1H75, in consequence of an increase in the quantify of cod-tish .ml the payment of the fishermen by shares. The Returns of t)uttit ls76 realised £11,500, and the accounts of the T)istrict exhibited a loss of £1,700. Thes,- acoiunts have been analysed, and tlic loss has been found to arise from the transactinns in silmon. Notwithstanding the depressed state of the market for cod fish, that l.ran.h of the business shows a profit of £00 lor Outfit 1876, while the loss on salmon amounts to £1,703. In consequence of the result of trade during the past two Outfits, Mr. D.vwr. has been instructed to close an establishment at llavl Island, wliere other traders had been olfcnng hi.rher rates for salmon than the l.<.iidon market prices ; and although his limits for purchases of'salmon were reduced last season for the opcraiions of Outfit |S77. further reductions have been decided upon for the current s.'ason, in order, if possible, to secure a profit on the business. ..\t the chise of Outfit 1S7H, the Capital employed in th ■ business amounte.l to £J 1,00(1, ^vhile the Returns were realized during the same season as tliat in which the goo.ls were supplied. Aconsideiablc leduetion is now being made in the amount of Capital employed at Sandwich Hay. il !i3St^ 1 WESTERN DEPARTMENT. The following 18 an abstniit of the Invrntories of the 'Wesli'in Dupartnient, at the close of Outfits l>r4, 1S7"), and 187(1 :— (lonils . . Livi' Stock Fiinn I'roduco Tniiisport Kiiuijimoiits Huililiii^''a ami Imiiroviiiunts Stcnmors rash Outstamling Di'hts . . Oiiivitaniliii^' T.iiililitii'S Outfit 1874. Outfit 187J. Oullit 1S70 i'OO.OIK! i'so.a.i? £88,830 2.72!) 2,!)(iO 2,fi62 .•Ki.-i ."JIlO 382 70 73 fig 417 371 12,201'. 9,928 10,0(10 ;l,H<.)7 r.,iifi ,V27 17.480 lR.(i87 11 1 H, SIS r.c.'ii £90.7!tS i'l21,M9 3,52(i 1.. ■'.■.'(■. 2.123 i'9;!.2(i(i i'll7..VJ2 il 19,011! Witli ri'j^anl In the I iilit-*, il i< to lie (ili-i-rvi <1 ilial, dt' thi' ' 'iilsl;iii(linij llalancos, the sum of i.'!(,oOO uj)]K'ar.> iiiiiKr the luad of ( 'ii'-tomcis' Account at Victoria, and t'li.OOd at Cariboo District. In Outtil l>7(i, tlic .•iinoiint written oil' in rcs]iccl of I'ail llcUts at Victoria appears to bt? .'?'l,nu:t, airainst $7-1(1 in 1S7'). iiiid :?H II in 1^74, At llie other I'osts, ubou 51,(100 appear to have bein written off for I'.ad DchtH in diillit ls7(i. 'flic supplies from Kn)»land have been as follows: — (Mlthl 1874 i'.Ml.lllH H 4 ,, 187.'> (i.'),|SO 10 10 ,, 1S7C. 52,210 12 .5 'I'iie shipiiicnt.s to till' Western Dcpuitnuiil, like tho^c (jf other Dejiartnients. were l.irjiely curtailed in <>ut(it 1^77, with the view of reduciiiff the stocks of jfoodn on hand tit tiie dillereiit posts and the capital enip|ii\i 20,.l9.'i „ 1H70 20.h:1!I The I'ur Ileliirns of thi> hciiailnienl have n a Used the follow my .iinoiiiits : — Outlit |n7I £.O.ONI IHV.-, |H7li HJ.NII 2K.MIH 41 At (he vnluations arlopted in Outfit 1874, the Returns would have been- Outet 1874 £50,584 „ 1873 40,796 „ 1870 38,260 In the Country Accounts thcv are vahicd us follows : — Outfit 1874 ., 1875 „ 1876 1242,012 = £48,582 150,281 = 31,856 130,770 = 27,054 The trade of the Western Department for the last Three years has produced tl\o following result on these valuations, niiiuely : — Outfit 1874, an apparent I'rofit of .. $101,015 = £20,383 ,, 1875 ,. .. 47,678 =- 0,535 1876 ,, .. 6.407 = 1,281 The act u:il results of the trade, without taking into account Interest uiul London charges, are as follows ; — Oiittit 1H74. rrolit £17,010 ,, 1875, ,, li.Oll 1876, Loss 2.663 Tile follo.viug Is a Stateuielit of tiu' Profit aiul Loss Account of the Western Di'partnieiil, as made up at Victoria, upon the (^ountry valuations — -*— 1 < ICTriT :s;i, 1 111 Tin is;,--!. UCTllT 1870. I'lolit IjOHS. IV.itil, LoKK. I'mlit, I,n«K, — — i- - — 1 • 1 1 - MenliMuilizc acc'iMUt .■>i23,285 .■1537,552 S2.".,100 ( 'usiMIIlrl's lillil drills * 811 1? 76 1 .■? 3,033 KuVS 1'' icllll.Mll 21,115 4.572 2,00H Kctunis ol' flilde 12.016 0,518 IL.-iOS Vicloriii lli|uii 12.30H 12.883 12,314 Sloninc, \c. . . . , 3.172 1.780 3,406 (ienenti ("liiirgis .'1.125 . . 2.573 3,617 Victoria Wharf » , 1,1 IM . , 4.1 IS 1,1 IH t]si|uiiiialt 1,53 1 . , t.534 1.531 liupairs. \c. . . 3.018 4,476 •• 7,456 Kort l!ii|M It , , 5,010 1 , 1 76 436 f 'oiuox INists . , , . 1.010 :jub 2 Hi Kort Siiiipsdu 2.853 , , I.S68 7,00,', Skii'ua 300 5,707 S,,'!OS HcllaCoolii .. 2.700 000 « « 1.530 • • Hella 11. Ila TuM 1,810 1 ao7 600 Massi'll 1 .086 , , 1 32 1 , 1 N",l Stekiue I list lid 3,3a7 , . 2.083 1,310 Fori Lan^di V. . m :185 , . 478 Kort Iliipc \ 572 876 . ■ 77.1 Kort Val.' 1,401 2,703 , . 3.218 1 'ril01M|INOM'- lllMr . . 1 3,040 M.004 [ 3,200 Carilioo IH'-lriit ' 16,012 13,000 , , 12,736 New ( 'iil.MliHiiii I3.;);ii .. 1.5, ■17 5,005 Mtcaiiiir ■' HeaM'r " . 8.425 1 " i;iiti'rpriHc" 22,675 22.181 . , 16,458 "iMter" ,, 1,325 , , 678 352 llllllllil 'rM11|-<|iorl a , •• nil ... 11 72 • 1 4a Mkkchandizk ACOOINT. Thin Account is charged with the whole of the Supplies furnished to the Pepurtment c;i(li Outfit, tofjethcr with Customs duties iind charges, uud is credited with the uinounts supplied to tlic various Districts. hivoiitorv at comnieucempuf of Outtit IHT'l . . iflH'.t.tUit dosoof Outtit IH7(> .. 2(il,!)19 Increase tSuppIies fiiniislied in Outfit 187-1 1H76 Tniiisfers to Districts : — Outfit 1871 „ 1875 „ 1876 Sal.s ill Outfit 1H71 1S7.-. ... .. 1870 $7l',0()0 };u(),'.'8() •«;i8,;!ii ;!ir>,;!7i .*!2():!. ;il'.) •J87, ti80 ■J28, 7.!8 .«HIO !IL'5 •2;il ;!01 •iOH.Cll Ml. (iiAUi IS icpoiidl thnt tlic decline of )>s'Jt),000 in the amount of the Sales in 1876. a> I'ompared with those of tlie previous year, arose from the gi'iater ililliculty of ell'ecting Sales, and the coMseiiiiciit neces.sity of reducing the prices of goods, and thereby diminishing the margin of profit. Resi'i.t 01- Tu.VllK. Outfit 1S71, I'lolii „ 1875, „ „ 187«, „ $L';i,'.'8,-) .■t7,.r."2 •J.'l.lod I'l Us rri;(ii\siii At \'i(Toill\ loK <'\sii. These purehasc-s an made at prices which are regulated from time to lime by advices linlll I.ollilnii. Tlie t'lillnwing is the result upon the Valuation of flie Heturns of the respective Outtits:- Oiiltit ln7l, »M iipparcMt rrolit of .. .. $2;),i>8,'i 187.') 1876 IiOSS I'l-ollt •1,57'J •.',!)08 ]\y the tai-ifl' of iliitlil 1X7.",, tfi, a|i|,;n( nt profit of Outtit iSTIi would have liecii S!*. I''"- riniiiNs (iK Tiiuii. Tile whole of the Returns of the I)epartinenl arc debited to this Account at their ' ouiiliv Valuiiion, lu^rciher e.iih expeiiM's at \iitoiia and f fight to London. The valuation of tlie Ueiiiriis i- p'aced to the credit of the .Account, and the lnliiiiee. represeniini.'' expinses and rrei;.'lii. form- an annual ehiirno. Im < >>illil |h; I it vMiH . , IH7:- „ .. lH7(i „ ;ii|'J,i)ir> II..V.IS lulliillil I S7l> there was more I til than in IM7'i; eousiipienllv, the ehitrgi' lor I'ask-t and I"ri ighl wa« heaviur. For (?u»ks aloiu there was itii additional "jil.'ttio in Ouitit 1H7(I. 48 vi<;toria depot. This Account is charged wiih the expenses of in8uri^g the goods remaining on hand at Victoria against (ire, the wages of servants employed in connection with the Goods Depots at Victoria and Ksnuinialt, the Tnveiirories of whicli iippear UTider the head ot Merchandize. In Outfit 1H71, the DojH'it Kxiiciises amounted to . . $l'J,;iGH 1H75, „ „ .. 12,H83 „ 1878. „ „ .. 12,.»H .STi.KACiK AM) WllARFAOK. The Dejiot expenses are reduced by making use of the Victoria Wharf and Warehouse ul Ksquimalt for binding and storing goods belonging to the Government and other parties, from whom dues uhd rents are collected. The rrntit on Storage .\ccount in Outfit 1H74 was l$3,474 ' ■ ■ „ „ ,. 1875 „ 4.789 „ ,,: „ 187(i „ 3,496 (iKNKUAI. (JllARGKS. The items in this .Vccnunt are composed of the charges incurred by Officers in visiting Posts, the cost of Advortiscments, Telegrams, itc. The Cliavires in Outfit l«7l were |3,426 1H73 2,573 ,, IHTO , y.'ii" Vl(-10T<1A Wit Mil \M> WAItllKUSK AM) EsUT'IMAI.T WAItEHOUSK. The valuations of tluse l)uililiiii;s arc iiiinu:illy reduced by 20 per cent, of their original cost, and the charges in tiic .\ecouiits arc the same each Outfit. The valuation of the Victoria Wluiif and Warehouse at the close of Outlit l87r, was. . £-l.'W I 11 ,, ■ 1, .... 1.1.')M 17 10 llM'Mll' VM> hll'lillVKMl A IS. The cost of New I'uildintrs anil improvements can only he place;eil ui lespeet of lepii irs aiid iuiprovi lueiils « it li ?:l,f)lH „ IH-:. „ „ .. i.'7*i „ l«7(i „ ., .. ■•■•■••■ This increase of l«\.i,ii(Ml api)ears to liavc l)cen principally expended at \ ancouvers l.slaiKl for the improvement of the wharves at Victoria and KN.piimall which reijuired new pile- aiul iron work. HtltT IMI'IUM. Inviiitoiv at ((Uamenceiueiit ot llutlil IhTI close of (Inllit |M7li . . Sll|i|illes fuinir-lied in Outlit IH71 . . IH7:. .. .. 1K7(1 . . ,. *2,l"8 3,34B s,es4 a.oau 44 Goods Traded in Outfit 187-1 „ ,, 187j 1876 H,8ia •«,.')87 ;).75() Valuation i>f the Retunis in tlie Country Arcounts. Outfit 1S74 J1I0,833 n „ „ 187.5 .'),N40 » n „ I87() l,-.l>,'! Hesvi.I' of Tkadk. Apparent rrofit iu Outfit 1871 . . ik::) .. 187(! .. |5,»I9 1,176 436 Mr. CiiAKl.KS repiirti'd in 187),_lhiit llu- tiiidi at liiis Tost liud Irtii ("cononiiciilly maniiu;(Hl, but that the effects of oppimitioii from otiu'r Fur l)uyers had been severely fell ; iiud he ffiive the satue reasons for the falling,' oil' in the apjiurent Profit of OntHt 1S7(J. Rupert is supplied by the Steamer "Otter," which enlls f,.i it- ii.|urn on her way luuk to Victoria. COMoX. i V' Irivciiiorv at ruiiiiiii'nri iiicnl ot'(tiittll 1K7I 1 1..>, iii' ( lutlit 1n7(1 . . lilt rt'tiM Sup]iliis fiiriiis|ii,l ill Oiillil 1H7I „ I ST.-. (ii. 1.1- '1'iuiIpiI in (liillil ISTI 1875 187(i Sill, s l.iaviiitr lor l-'nr 'I'niil.' Sales l,.in iiij; I'or Knr 'I'nnli' . Siili's L 7..i;l!» »12,ai7 8.>.iS!l S. !H(i #1(1.7 ISI 7. ()!>•.' l!i:l,ti.".7 «!),.')n4 fi,i)(!« •7,7J1 (i,L'87 The amount of Furs traihd has ch-elined in nearly the same proportion as ihe (joods supplied. It will lie seen that Ihe .Siles of dultil 1.S7(> are only >S01) less than those of lf<74, but the result of trade shows a much pfreater did'erenee Viiliiatiiui ol' Iti'turiis in the I ouiitry Aei'oiintH lliitlil 1^71 f:i,H|H .. M ; „ 187.'. ;!,'JO0 187(1 I,'.':!.'! la Oulllt 1871 the .ippiinnt Trolit was 1876 ,, •t 1876 ,, Ijosh ,, , . «i , , II Htl.OKi :ll)8 JIU 40 This uiifavourabU" risiilt is irn duubt due to competition, as Mr. Chaki.ks, in liis Report on the Western Dopartnicnt Accoiints Ibr Outfit 1870, statt'd that the Company's affairs at roinox wore being gradually wound up, and that Post would l)e closed IioI'dii" the nul of 1877. COAST I'OST.S. The Coast Posts — Fort Simp.-on, Skeeua, Bella Coola, Hella Delia, Masset, as well as RtekiiU!— are suiiplicd from Vietoria by the Steamer " Otter," and during the past two Outfits their trade has produced a most un.satisfactory result, in consequence of ojiposilion and 111 >iiianugeineiu on the part of sorae of the clerks and servants of the I 'onipany. I'OUT .SIMP.XON. Inventory at conimoneenient ui Oiiltii IN" I clcise of Oiittil iHTll. . Supplies in Oiiilit 1871 „ 1876 „ ■ 1876 (iiiiKls Tratli'il ill < Mitlit INT I 1K7.". Siil(>s T.euvini; fur Vnr Trado . . Sides Liavin;' tor Fur 'I'mde . , 1876 «.'),435 4,983 #18,;!0o •->(!, >>l"'7 18,. 163 $22,085 4,754 81 7, .331 $28,204 3,('.(>2 . . 820,7.-N Sales 1,857 Leaving' for Km- Triel.' . . try AeMiuiits, Oiillit 1N71 . «13,'.)03 1H7.-. l.'l,8(i;! 187ti 0,367 824,542 81 8. ',101 I ; Risi 11 oi Th\i>k. tlutflt 1874. apparent I'rolil 187.'>. ,, Loss „ 187G $2,853 I.SiiS 7,005 Mr. CllAKI.r.s stated that lliis uiifurtuinile result was due in keen eunipelitinn. and to the iin-apacity, unsteadiness, and mismanugenieiit of llie Postmasters wlm were in charge at Fori Simpson and Skecna River. Tliese uu'n were discharged from tiie service. t lie stated I'urther — " The unsatist'a-tciry residts at Fort .Simjisen and .SketMia huTe been " to us n source of grout anxiety, from the ilillie\illy of linding out what wa.s tho real ciiUBe of " the losses there. " Lust year the late Mr. Williams was -ent up to inspect the Posts, us the best Oljieer " who could be detailed for that duty. AlliHiiigh (uileied to reduce the prices paid for I'ur^. ■' 1 huve strong grounds fur believing that the Posliuusters ut Fort Simpson and Skeena. N 4U " directly Mr. Williams left the Const on Lis return, immediately resumed their cxiriivngiint " prices, and also trusted out quuutitios ol' trade goods to the Indians. " In returning this spring to Fort Simpson. I instructed the deceased Mr. Willinms to " make a scheme of the receipts and ilisburscincnis, which lio did; showing; a deticieiK'V of " goods, I'rom the Ut of January to the 2'hu\ of M:iy, of about »tl,lO(). Mr. Moui-on on " being ijuestimicd, could give no expliiuiiion as to wlial hail become of the goods further •' than that they had been [jaiil to Indiiiiis, aiul credited out. On his giving security for the " payment of the missing goods, Mr. MotusoN was discharged. Mr. Feak, at Skeena, was also " got rill of, a-i it transpired he was in the habit of getting intoxicated. " Mr. Factoii MtK.w is now resident at Fort ISimpson, and supervises the trade ou '• the coast north of Fort Rupert, so that I hope, if it i^ possible, he will be able lo restore the '• trade, or at all events prevent any further losses from carelessness or unsteadiness. " SKEENA. Inventory iit luMiniiniiiiicnt nl' Outfit IST-t ,, eld.^*.' of Oiitlit IHTt; . . Siiii]>lii'.^ tiiriiisli'il in Outlit 1H74 . . „ ,, IsT) . . iH7<; .. (i. Mills Iruiliil in liiittit ISTl Sales Leaving for Fur trade. . Sales licuviii^: fur I'nr trade. . Sales . . Leaving fur I'lir tnidi . . Valniitiiiii of the Ui'turns in (unntry .Scninnts, duttit 1874 .. ,1 ■> !*<"''' (tooJs tiaili'l in i iiittit 187.') I.s7i! »»,525 a,961 13,247 23,103 13,577 81G,54(i l.ltn.) «!I20,I1H 1,207 0,241 $18,911 #19,270 •J.ltl!" S17,071 #11. ."1.1,') 10,117 7,0.02 UeSCI.T iiK 'I'liMlE. .Vpiiari'iil Loss, Outfit 1874 ., 187,-. .'j,7o7 8.3U8 In reporting this result and the mismanugcmeut of thedlliecr in Charge, Mr. <'iiari.ks states that the I'ost at Skecna had been (•lii--ed and the gmids on hand there transferred to )"ort Simpson. » \«' DELLA ('o«>L.\ luventiiry ut conunnncement of Outlit 1874 . , at ilow nf Outlit 1870 . . , , Siipiibi's ftirni- 1 , 1 8!l Mr. Chaki.f.s attributes the loss in Outfit 1870 to inclement we^itlicr, which interfered with sealfishinrj; but lie fails to notice that the lleturns include a iurj;er quantity of Fur Seals, which, if valued a( the prices of last year would have chunjifwl the result of trade to a profit of !i;'3,4(l(t. siKKlM; 1)1. STRICT. s. Inventory at coiiiiiieiieenK'nt of OmUt 1871 dose of Oatlit |87ti . . IlK rei Suppli.- fiirtiislied in Outfit 1874 • I II 1875 18711 (jooils Tniiied in (Jiitlit in; I (iijld-ilii>l and Sale Linvint.' lor Fiii' Trade $;!.in4 .■)8, 1 I'd #;i4.f.i(i S'-'ii,'_'(l'J .■i;).,j(iy ■Jl.S.V.I »i:i,l:!9 i'.>,;i8() #749 49 Goods Trml.id iii ( >iiltil. 1H75 IHTC. Sales nTnl Gold-dust ■luiiif; for Kiir Trudtt . . Sails aiul Gold-dust 828,449 '25,OfiO I,. 83,. 189 820,880 18,853 I.( nviii^r lor I'lir Tvadr 82,027 III Stokiiio District only a i'<-\v Furs art' traded. Tlip followinjj; is tlw result of trade : — (liiltit !«Tl, ai>|iar> lit I'l-otit „ 187j. „ 1870, 83,1127 2,083 4.340 Tho Oai^ital employed in Stekine. a Mliiiiiij Di-,>9 Leaving for Fur Trade . . una Hksui.t of Tkauk. Outfit 1871. iiiipareut Profit ,, 1H7.">, 1H7H, ,, 8821 385 475 J Mr. CllAKl.is alludes to the slight improvement in the trade of Luugley, und states ih.il a better result is anticipated for ne.\t year. ' '. T^t-y^^i'T y^L^ 50 FORT iroPK. Inyentorj- at. cjniiniPtipemoiit of Outfit 1K7-4 ,, close of Outfit 1876 .. Supplies furnished in Outfit 187J 1875 1876 Uoods Traded iu Outfit 1874 TniiiHfrrH ti> Distriet Goods Truded in Outfit 1875 Goods Traded iu Outfit 187(i Traiixli rn Returns of Tnide Outfit, 1874 . , « „ 1875 . . M It 1876 . Trunsferg • * . • • «2,407 1,272 «;l,l2i> 4,t»;i5 2,:-'() #4,554 .•l,K. Outfit 1874 uppiir. lit I'rofit „ 1875 ., 187(1 87(i Fort ilopi" iiii9 Sales 92,815 Transfers 31,9(i5 *31,H45 930,071 Siili's 91,244 Transfers 29,748 « • • « 91.401 502 367 51 Rkwi.ts ok Tkadk. Outfit 1874, apparent l'n)flt $1,494 „ 1875, „ 2,703 „ 1876, „ 3,218 It will b<) observed that in this District, ami at ('ariboo, the Sales and Transfers exceed the amount of jjoocls supplied This arises iroin the employment of the proceeds of the sale of goods in piirchiising others, and in jiroviding for the wants of other Districts. THOMrSON'.S ItlVKR DISTUICT. Inventory at pommtinconiimt of Outfit 187-1 atcIoBi- of OuKit 1H76 8ii|i])1ies fiiruishi'd in Outfit 1874 . . IHT.') 1870 .. r„)o l7,yio jS2,;n.'i 811,128 10,027 r .. tioods trailed in Outfit 187 I )!13(!,;J08 02,291 S2fi,000 »t3,009 79,826 64,447 «73,417 Sales «65,569 Tiansfers t;,899 I \^> 52 OiMids trnilcil in Outlit 1875 „ IKVr. Transfer. 1 1.H8;t jiTo.aoa *71,5(i9 Siili's UC.O.OK) Traiimfprs 21,;;or) lli;Mi,r OK Tkadk. (•iitlit 187' aiiiiurciit IVulit ,. IHT."). ,, 1H7(!. ,, SUi,iil2 1. •].'")() l'J,73r. r:i)iit:il ciniiliiyoil *sl30,000, iii('hi.0()7 ;).1,27H #:ll,7(l(i :!.•!. 7'.tl :(!l,l7t> *aa,Aio 40.777 .•H,:>7(i »17,(il,-) li,8;)8 ao.H'i? Viiliuil ii\ the tiiiiir 111' Outlit 1^7"), I he I{('turns ol ISTli wuulil liavc annmiilcd to ^•'i'«.'l|:?, and the Di^^lriit vvouM thcii hiivi' appearcil witli uii iip|iariMl I'rnlit uf <>',', Ultl. ar th va y. lualinii (il ill. prill ipai li. 'tlllMH. viz : — - ■ lliar, iii'iiMT Mar Ill, Mil k, aii'l l.\ n\ II 187(i pri ■.■«, 1 III 111 |h7 1 I' ."1,2711 .. , , 187.'i .■|,.'i'.ll * ■,-♦■'' , It t tt |s7i; .1.2211 A V c Aiii'UiiN -l „« 1 11' rnllnvillt' rr-lll 1 II I'lrade;- - ■• iiiitiit |k7i . appall III I'l olit . .. ,, ,. »ia,aai ,, 187.'. , . . l,.ia7 „ 1870 !.• (?•►> •• S,llU.') V Ti el-p JN liili> a dilli'i •IHC (if >|M,0(l() 1),. \N < 'I'll lie • II llllt 1 1 Oiiuii |s7j ui|(i liial of • iiiiiii IM- "(i, \i ai s, thr !>i ^l|■iel Iia> Millereij Inuii a (;real Miiniiv uf Saliiujii and I'l lVi^ill|l^ , l)ut ill •1)1 se luelu'i 111' the uiir«ali.»laeloi_v I'sull 111' the Ari'cjil its of the lait two jt M-, Mr ClI MW.I.-" re 1"' •tH Ilia I ee I'tiiiii changes III tlie iiiaiiii){eiiieiit 1 ol lll.« Di'lriit Wijuld 1 J curried into ell'eul as huun iin the urratiirei leiilK eoiild hi' made 1 ^ # 19 t 'iii itcd to hill •>! Stkamkk " Entkrprise." Outfit 1K71 „ I87.-I IMTO I'i'iilit SL'2.67.i 22,181 IS.ISS The ^0 r,.l,„,tio, i . ,Ue „nto>,„, „f I'rofits for Outfit 1S76 was owin^ to tho fact that the- >e.s.l was laid „p at \ ,,,„na for two months while being ropaire.l. Stkamkr "OnKR." Ouilit 1874 „ 1870 1876 I'rolit ;fl,5:".t ., ()7H Loss 352 Tlu- stoana-r is e,n,,loycd in taking the g-uds and return, to un,i fro„. the Coast P, and in carrying goods ami pasi there hive been 'ogts, passengers to tie Tassiur or Stekine Mines. Hut on this route °PP"«'''''" ^f™""-'-^ <''''•■■•'<< >l't" past two years, .„d hence the pn.lits of, l,e carrying trade have been reduced. ^ "ioi.ik gr.m 111' till' {enirlil 5i smi'S' ACCOUNTS. I.onfldii Kx))cnsps and nulancex of Ships' Accounts : — , ttuttit 187J il!»,H0O ,, 1875 ., .. .. l'J,(i(l() IHTfi 17,500 III Outlit 1?7() the churgc of l.'2,000 for the Credit of the Fur Triiil«> Firo Insuniiu'c Fund was omitted, thcro boin^' no profits of the Outfit ujjiiiiist which to ehiirpc it. Tlio l^'und in question, iiiuoiintintr to i'l 1,7!I2, is triiisfcned lo Outtit 1877 in the For Trndc Accoiiiiis. As rej^irds tlic Shijis' Accounts, it should hv i x|iliiiiu-d that tht lOst ot' iicrumneut repairs is added to thi'ir vahiation«, tiom wliich dciluctimis arc made at tiic rale of l/"» per ccni. for the steamer " Labrador," anil 7J per cent tor the ships. These deduction.- are iiiiidc caili Outtit in the Ships' Accounts. The fn>ijjhts earned l>v tlic Vancouvor's Island --hiii-, iiicludiiifT til icrlit on the (Nimjiany's shipincnts and roturn>, are placed to their credit, and I lie I'lilanccs shown in the anm \id Slateniciit rejin-spiit the actual rc--iilts of tlieii' .Accounts. Tile Hudson's Iiii\ -hips, in Outfits 187.') and 187tl, received credit for lrcij;ht mi tin < iiiiipaiiy's oulwaid -lii]inicnts and the balances of their Accounts appeared under the head ol <'hargcs ill tlic Loiuion Hooks. Arranjjcinents have been made by which the Morthi in and Soutiuin I)eparlraents urc to be charjied with ffeij»ht oii their Returns sent homo by way ol IIihUoh's l!a_\, us well as on liic outward shipiiicnts, Tlic bahiiire- of the IShips .\ecounis in till l.oiulou iiuuks will eoiisei(uently be reduced. Tlie expenses of the stianicr "Labrador." on her voyajjc to ihe (oast ami I'li^raxa .iiid back to London, linve liillnito been duirged to tlic Montl'cid Dcpiii Inicril I'lie aniniinl varies aciniclinj; li> ihi' time duijiifj; which th»' steamer is eiiiployeil. In fhitlil 1H7I til.' cliai-nv lOiM.iintcil to fJ.S.IJ 187(; „ •J.(7!l Tlic result of till' Steamer's sealitig Voyage to (freciilaml has tin- year been set out M'puralely ill ihi' .Vicuunl- jniblishcd to the ."-harehohlurs. In former years the ])riitil or loss on the venture was dealt with as allectillg the balHllccs of tin .'ships' Accounts, The loss of nearly ill, UUO oiithi' •' I'riiicc Unpen " ill Otiiiit W'>. nfnv I, ura additional expenses incurred by the the long delenlioM ol the ves-c 1 in London and San I'raiiciseo, and by the low rat' id' l'ni";ht obtaiiu'd on lur houu wiiiil VH\a|ir. ,''*. M — ^ I 55 SUIl'S' ACCOUNTS. I. VasoiI'veu's Island )?inrs : — Hanjun '■ I.mly I.iimpson," 412 tons '■Vriiicfss Royal," 613 "Hri.Tloy Tlill," S'JO " Piince Rupan Nymph," MOU tons III. (rUF.KNI.ANI) VoVAOE ; — StoamiT •' Labrador," '26o tons Balance!, of Chips' Accounts, ropro8entin)|r in part freiKliI of RoturuB from Hudson's Bay . , • . OUTFTT 1876. rn.Hl. Low*. £ £ 171 • IfiO 475 ua linlance ( of 1 ,088 ) 22 !) 1,30' 2,47'.» 3,874 I TO^ "■ ■ • frwisRJfT^ : •;;■' fi,:' S^.-i ■^W' f. fi6 APPENDIX I. Statenutnt qf Bills remitted from Departments. Northern Department . , Saathero ,, Mmtre*! Westeni Ontilt 1874. Ontflt 1876. Outfit 1876. £7,218 18 4 £14,0«4 H 1 \ £'il,Me « -9 S84 5 11 788 10 6 ^ 704 18 ,lf 8,027 17 10 128 17 4 7,«00 ,J|^f|,^ 17,518 11 20,30A 8 10 20,830 10 £80,349 13 1 \ f^W,nX 4 8 ' £50,131 '8 APPENDIX II. Bills drawn bff Departm«Ms. 0\x\ki 1874. Northern Department . . . . . . ' £2,879 19 6 i^mtKem WcRtein 707 3 67,641 19 1 107 itoilMA 17 Oirtflt ISM. Oatflt 1878. £t,68« 6 C90.U6 « 1 633 * 1 I 614 17 1 88,684 a 6 84,968 14 • 07 , 79 466,869 6 t ; #M,06t l« 10 v.. \j0 *)# w. .. i .■<,\s ^4Nvf(,l ;6?.3r ' ' "^f^*"^^'^ '"