United States Fur Exchange
(an affiliate of Palms & Company, Inc. Merchant Bankers 1934-2003)

January - February 2003 Offerings at auction as well as Private Purchase Treaty (negotiated purchase)

You may provide us with wire transfer of funds and your desired offering price and we will bid on these items for you up to the maximum price to which you instruct us to limit our bidding 

* Sapphire Male -Euro Female, Blue Iris Male Euro Female, White Males females, Pearl Male, Male-Euro, Females, Females Euro; Violet Males, Females, Jaguar Males -Euro, Females-Euro; Silver Fox ranched, Dawn Glo-Fox-Ranched; Pastel males, Females, Black Males, Males-Euro, Mahogany Males, MKR Males, Mahogany Males-Euro, Demi /Wild Type Males-Euro, Black Females, Black Females-Euro, Mahogany Females, MKR Females, Mahogany Females-Euro

Q. CAN WE TALK ON THE TELEPHONE AND RECEIVE CONSULTATION AND ADVICE ABOUT THIS?

A. YES. IF YOU ARE IN CANADA OR THE UNITED STATES JUST CLICK HERE AND AND THEN CLICK ON "CONNECT WITH ME INSTANTLY" AND YOU WILL BE CONNECTED TO US BY TELEPHONE. Your telephone will ring after you give us your telephone number and register. For telephone call from all other countries click here

Fur Index

IMPORTING & EXPORTING FURS 

We are ready to receive furs skins (pelts) from fur farms and ranches world-wide and to sell them to our customers.
The information which follows will help you to understand our proposals.

Please notice that while the information contained on this page refers to fur exports from Russia the information, for the most part, applies equally to exports from any other country

The Russian Fur Industry

Until 1995 Russia was an exporter of high quality furs of mink, sable and fox, and such production was also used in Russia for the production of coats and hats. During the past 5 years the quality and quantity of Russian fur pelt production has declined by 50% as a result of the following

• Fur farms have not had access to adequate supplies of animal food or antibiotics for maintaining the health of animals.
• Breeding stocks have been slaughtered.
• The size and quality of animals has deteriorated.
• The money obtained from exporting fur pelts has remained outside Russia as flight capital and this has denied fur farms money for maintaining their equipment and machinery.

A new middle class of Russians can now afford good quality costs and hats and has found that domestic production of furs cannot satisfy their demand for highest quality. To respond to this demand Russian coat and hat manufacturers are now importing fur pelts for their domestic customers. Russia continues to export fur pelts of a lower quality.

The heading IMPORTING FURS PELTS INTO RUSSIA describes the capabilities United States Fur Exchange has for providing Russian companies with high quality fur pelt import. At the end of this heading you will find a heading FUR MARKETING FOR RUSSIAN FUR FARMS which describes the capabilities of "United States Fur Exchange" for exporting Russian fur pelts. The same capabilities apply to exports of furs from all other countries as well.

IMPORTING FUR PELTS INTO RUSSIA

United States Fur Exchange is operated by people of Dutch origin.
Through our filiaal in Amersfoort, Holland we are able to deliver
annually 2 million Dutch origin fur pelts of highest quality.

We offer the following advantages.

• Payment is acceptable in rubles paid in Russia or in dollars paid in Holland or The United States.
• Reliable delivery by truck or by airplane from Amsterdam to any airport in Russia at which Western airlines land with regular service.
• You may provide your own transportation.
• You may inspect the farms if you wish, to observe quality of live animals before they are processed.
• You may order pelts fully "tanned" to highest Italian standards of finishing.
• You may make cash payments in dollars and pick up your fur pelts yourself in Holland using your own transportation.
• We offer security services and personal guard service at reasonable prices for visitors to Holland by Rottier Security which is staffed by Dutch police officers. Quotations upon request according to your requirements
• Translation English/Dutch and Dutch/English provided. Russian available upon request.
• Visas arranged upon request.
• Russian government trade credits with Third World countries may be used to make payment if protocols allow it. Consult Central Bank of Russia or Ministry of Trade or Finance, Russian Federation about protocols with Indonesia, India, Egypt, Algeria, Bangladesh, Pakistan, South America, Mexico, Mozambique, Angola, Morocco, and Nigeria.
• Counter-trade payment are acceptable by directing payment for Russian exports to our company
• For address of our offices in Russia, Holland or United States send E-mail message to Palms@PeterPalms.com

Price estimates:

As of May 2002 the estimated price for highest quality:

• size "0" male mink pelts was $50. A wide range of
  prices is available for smaller sizes and lower quality
   
• Beaver average $23.00 Top $185
• Otter average $49 Top $78
• Wild Mink Average $13.55 Top $23
• Marten Average Nwst $35 East $27 Top $76
• Muskrat average $3 Top $7
• Raccoon average $7 Top $15
• Lynx average $41 Top $65
• Wild Red Fox average $12 Top $18
• Coyote average $13 Top 33
• fox silver average $45 Top $80
• fox blue average $42 Top $80

FUR MARKETING SERVICES FOR FUR FARMS WORLD-WIDE

Auctions:

Palms & Co is prepared to sell furs for fur farm customers at auction anywhere in the world and by private treay to individual buyers.

Such auctions generally continue for 3 to 5 days. Bidding by buyers from all over the world guarantees the highest prices through competition. The payment by each buyer is guaranteed to the auction by his bank. Russian sable from Bargunzinsky Jakutsky, Minusinsky, Eniseiksky, Kamchatsky and Sakhalinsk are sold from fur farms that in the past used to sell to Soyuzpushnina and Dalpushnina. Palms & Company was the first American firm to sell Russian furs in America. Mink from Russia, The Netherlands, North America; Chinchilla and otter from South America; Fox from Australia, etc., etc., etc.,

Shipping -Freight:

Un-tanned fur skins of mink, sable, fox, chinchilla, otter, lynx, beaver, raccoon, coyote, marten, may be shipped from Russia, or any other country in any quantity to Palms & Company to agreed upon destinations in Europe, Asia or America.. You may use any airline or private charter. Palms & Co. will clear the furs through customs upon arrival. The shipper may pay the freight, but the shipper may also send shipments of furs "freight collect" Palms & Co will pay the freight upon arrival and deduct freight payments advanced on behalf of the seller, from the proceeds of the sale. No permission or contract is necessary to make a shipment. But anyone who wishes a contract may prepare one and send it and we will sign it. No shipment is too small. No shipment is too large. Please include list of contents of shipment and name of seller and where to make payment after the auction.

Prices:

The prices vary according to color, quality and size. Average price quoted here are amounts paid to the seller before deducting freight, import duty, customs clearance, insurance, auction commissions and expenses. Fur farms may set a minimum "reserve" price below which a sale may not be awarded to any bidder.

Payment

Payment is made within 10 days after the furs are sold.

Services:

Payment can be made also in part in animal vaccines and animal food. For many years the foods supplied to Dalpushnina in St. Petersburg has come from the supplier of Palms & Co. in America. Technical assistance can be provided. Palms & Co will consider to buy part ownership of fur farms and become partners.

Inspection:

Grading of quality, size, color etc is all done at the auction. Any furs of any quality or size may be shipped. UN-TANNED furs do not have to pay duty. Tanned furs will receive a 10% lower price because U.S. import duty of 10% must be paid..

Answers to Your Usual Questions:

• We need feed and skinning equipment , and vaccines, innocculations, cages etc. Can we receive these in exchange for Furs
• Yes.
  
• Can we receive payment before shipment?
  
  No, not for the first shipment, but when we have done some business we can arrange to make advances of money against future shipments. If your bank will give us a credit, we will pay you part of the value before shipment and repay the bank when the furs arrive and are sold. Ask your bank to contact us to discuss this if it interests them.
  
• Can we receive some rubles as loans for expenses to operate our fur farm until we can prepare furs for shipment
  
  We are willing to sign with you to guarantee repayment of credits with you at a Russian bank and to repay such credits after the auction sale of your furs. After a few shipments we will consider to provide such bank credits to you ourselves.
• Can we receive payment after the furs arrive in U.S. and before the auction?
  
  When your shipment arrives we can give you a dollar bank credit for part of the value of your shipment and pay it to you. This credit will de deducted from the money you receive from the sale
  
• Will you accept furs in Russia and arrange shipment yourself.
  
  NO

• Can you provide bags for packing furs?
  
  No

• Must our fur farm sell furs only to you?
  
  Yes, we want your agreement that we will be your exclusive export agent You can not sell to other people for export from Russia to any country. Otherwise you would hurt yourself because prices on the Auction will go down if you create your own competition by selling directly to customers. You will damage our business and damage your own price possibilities. We guarantee to sell your entire production at all times.

• Will you help us with export licenses?
  
  Yes, if an export license is necessary our representatives will help you to obtain such licenses.

• What is the financial condition of Tovarichestvo Soboleva Birsja C.W.A.
  
  It has no debts to anyone. It has money in banks in dollars
  
• How many furs will you be able to auction/sell for us ?
  
  We can sell any amount up to 5 million mink and 100.000 sables and 100.000 fox skins. We will accept shipment of as little as 500 skins per shipment.
  
• What is the most money we could possibly receive from an auction under the best conditions of the market if the skins are the best sizes, color and quality and the largest quantities?
  
  Mink $50.00 Sable $140.00 Fox $85.00. This is not normal or guaranteed. It is just a possibility, if all things work out for the best and the furs are of highest quality.
  
• Will you accept wild trapped skins as well as farm raised skins?
  
  Yes but you must identify them as such on your packing list of the shipment
  
• Can the packing list be written in Russian?
  
  Yes.
  
• Do the documents of shipping need to be signed by Government agencies of Russia?
  
  No, you may ship furs with just your own private documents and without any seal or stamps as long as a piece of paper describes what is inside. and the paper does not have to be signed. If necessary you may even ship goods without any papers at all. But a few papers are better and very helpful.
  
• Can we put a copy of your American license in the shipment?
  
  Yes, if it is useful, you may if you wish put in a copy of our license.
  
• Will you arrange credit with western airlines that stop in Russia airports, so we can just give them our furs without any question of freight payment?
  
  Yes. Tell us what airline you wish to use and the fax or tel. or address and we will arrange it. Alaska airlines serves Khabarovsk, KLM (Royal Dutch Airlines and SAS (Scandanavian Airlines) and FINNAIR (Finnish Airlines) and Delta Airlines (U.S.) serve Mo scow and St. Petersburg
  
• May we ship to you from any city in Russia?
  
  Yes, if they are sent to any city in Europe or America with our final address. The airline will forward them to us.
  
• Can we receive a visitors visa
  
  
  After your first shipment of at least 5000 fur skins we will arrange for visas for visiting and also possibilities exist to provide training and technology transfer about fur farming.
  
  
• Can we receive American Credit Cards such as American Express, MasterCard, and Visa and American bank accounts?
  
  After your first shipment of furs, we can provide you with such credit cards but you must leave on your account, enough money to cover your spending with such cards. Such cards may be used anywhere in Russia where they are accepted and also in America and the rest of the world.

• To whom in Russian should we deliver our furs if we don't want to ship them to you ourselves?
  
  We will tell you when we know where you are located.
  
• What can Palms & Company do for us?
  
  We can see to it that you get a fair price for your furs and have financial support for making your farm bigger, employing more people, having healthier animals and solving questions of housing and medical and dental services and consumer goods for your workers.
  
• Can you provide financing
• If you can provide an "aval" from one of 15 Russian banks which we accept we can provide up to one year financing at a cost of approximately 15% for feed, cages, medicine, skinning machines, equipment and other purchases for the housing, clothing, food and social needs of the workers to our existing customers.
• What do you expect us to do for Palms & Co.
  
  Let us make a fair commission for our work. Honor our exclusive sales rights in the U.S. Ship to us your total fur production.

SERVICES OFFFERED TO FUR FARMS WORLD-WIDE

• Provide a market for fur pelts exported to United States
• provide feed, innocculations, cages, medicine and consumer goods for workers of the fur farm
• development and expansion of international export markets for Fur.

• Inform about the pelt colors and characteristics which are in demand in world markets.
• Assist in providing the best breeding stocks and correct food and medicine
• Properly sort and grade the pelts for auction
• We only offer a market for un-tanned fur pelts and not finished garments. Kastoria is the key manufacturing center for most of Western Europe. Hong Kong and Korea do most of the manufacturing for Japan and the U.S.A. Buyers from these countries constitute our customers.
  

The mink diet is carefully formulated and is the most scientifically analyzed and tested of all farm animal nutrition programs. Most mink diets consist of:

• Fish By-products
• Beef Tripe, Beef Spleens and Beef By-products
• Inedible chicken and turkey By-products
• Dairy By-products
• Egg By-products
• Cooked Cereals

Use of otherwise inedible animal by-products in the mink diet help to keep the price of products for human consumption low. Diets may vary throughout the year according to the needs of the mink.

There are four main types of diets:

Maintenance Diet - January/February Reproduction and Lactation Diet -

March/June Growth Diet - July/August Furring Diet - September/November

Most mink are fed fresh feed or dry pellets daily or a combination of the two. Clean fresh water is made available usually through an automatic system. We will help you develop the best feeding and medical program for mink and provide the latest technology, if we are marketing your furs for you.

There are many factors effecting price. Here are some of the factors

1. Is it a male or female pelt

2. What is the size of the pelt

3. Quality of the pelt

4. Prestige of the label, Regular Label, Unlabeled

5. Degree of damage

6. Color and characteristic of the pelt

7. Tanned or un-tanned (lower price for Russian furs if they have been tanned

8. Reputation of the brand name and trademark

9. Correct color matching of pelts for a uniform color in the garment

10. Guaranteed delivery on time.

11. Guaranteed insured

12. Three day freight delivery anywhere in the world

13. Guarantee no customs or license delays or problems

14. Absolute satisfaction guaranteed to all customers by the auction

CONTRACT TO GUARANTEE AUCTION SALE OF FUR SKINS

This contract is between.

..................................................................................................................... hereinafter referred to as "...........", and Palms & Company Inc, of 6421 Lake Washington Boluevard Northeast, Suite 103, Kirkland, Washington 98033-6876 U.S.A., hereinafter referred to as "Palms.

1. Palms agrees to receive a shipments of un-tanned fur skins of mink, sable or fox from "............" that they wish to ship now or in the future. Shipment may be made by air-cargo transport to any U.S. destination showing address and telephone of Palms with notice. "Call upon arrival 1 (206) 828-6774 Palms & Co."

2. Palms agrees that upon arrival at any Airport, it will arrange transport of the furs and will arrange entry through customs and will store and insure the furs in a warehouse and will sort the fur by color and quality into bundles and will offer the bundles of fur for sale at auction.

3. Palms guarantees that all the skins will be sold and guarantees payment for the furs and that the sale will be competitive and every effort will be made to obtain the highest possible price for the furs using western methods and technology in order to obtain the best prices. The payments by the buyers will be guaranteed. If you establish a minimum price you want for the furs, we agree they will not be sold for less.

4. Palms will make payment of the "net amount" of the money received for the furs in dollars to any bank in the world as you instruct. The net amount shall be the amount received from the buyers less the cost of import duty if any, transportation, storage and insurance and grading and a 10% commission for Palms.

5. You give Palms the exclusive right to sell all exports of your furs for a period of three years. Only Palms can import and has the exclusive right to import your furs. Palms agrees it will accept all fur shipments from you in any quantity. You will not inform any other parties of the commercial secrets of Palms nor participate in any efforts of any other companies to import furs from (country of origin) and/or to compete with Palms or attempt to circumvent Palms in any way in the selling of furs from (country of origin. Palms agrees that it will market by auction o private treaty, all your production of fur skins. Should you breach this provision of the agreement you agree that Palms may secure an injunction or temporaring restraining order prohibiting your furs from being imported into the United States by you or anyone else to whom you have sold them or to whom you have transferred possession for purposes of importing them.

6. In the event of a dispute regarding this agreement it shall be settled by arbitration under the laws of the country of Holland (The Netherlands) with venue in Amsterdam. Intending to be bound hereby both parties have signed this agreement on the date and in the place indicated below.

Palms & Company

...................................

By Dr. Peter J. Palms IV, President

Company Name ................................................

Address......................................................

Email address...............................................

Tel..........................................................

Fax..........................................................

By...........................................................

Title........................................................

Date.........................................................

Place........................................................

By Seller Name ___________________________

etc.

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