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By the early 19th century, several companies established strings of fur trading posts and forts across North America. As well, the North-West Mounted Police established local headquarters at various points such as Calgary where the HBC soon set up a store.
Modern fur trapping and trading in North America is part of a wider $15 billion global fur industry where wild animal pelts make up only 15 percent of total fur output. In 2008, the global recession hit the fur industry and trappers especially hard with greatly depressed fur prices thanks to a drop in the sale of expensive fur coats and hats.
The fur trade is a worldwide industry dealing in the acquisition and sale of animal fur. Since the establishment of a world fur market in the early modern period , furs of boreal , polar and cold temperate mammalian animals have been the most valued.
A substantial amount of deal-making and trading occurred at these rendezvous. These were often a temporary "town" of sorts with businesses which offered the fur trade workers and participants ways to spend their money on supplies and revelry. [4] The emblematic type was a large annual rendezvous held in the Rocky mountains from 1825 until 1840.
The Rocky Mountain Fur Company was a rival to Hudson's Bay Company and John Jacob Astor's American Fur Company. They frequently held their rendezvous near a Hudson's Bay Company post to draw off some of their First Nation trade, and their trappers went into the Snake , Umpqua and Rogue River valleys, all of which were considered the domain of ...
The Missouri Fur Company (also known as the St. Louis Missouri Fur Company or the Manuel Lisa Trading Company) was one of the earliest fur trading companies in St. Louis, Missouri. Dissolved and reorganized several times, it operated under various names from 1809 until its final dissolution in 1830. [ 1 ]
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