According to the Smithsonian Institution's catalogue information, this bundle of cotton twine was part of a collection that also included a number of fish hooks. The twine most likely had been obtained by Inuvialuit through trade at Fort Anderson.
FROM CARD: "WOODEN OR BONE SHANKS, THROUGH THE LOWER END OF WHICH ARE PASSED BARBLESS IVORY, IRON, OR COPPER POINTS. GANGINGS MADE OF SPLIT QUILLS, WALRUS WHISKER, OR WHALEBONE; SOME HAVE STONE OR IVORY SINKERS WITH SNOODS; LINES MADE OF WALRUS HIDE, WHALEBONE, ETC. CAT. NO. 2239."