The sales of agricultural land in the year 

 were 468,390 acres for $9,592,706.95, being an 

 average of $20.48 per acre. Included in this 

 area were 47,848 acres of irrigated land, which 

 brought $50.43 per acre, so that the average 

 price of the balance was $17 .07 per acre. 



In connection with Capital Expenditures, 

 the report states that : 



"In anticipation of your confirmation, your 

 Directors authorized capital appropriations in 

 addition to those approved at the last annual 

 meeting, aggregating for the year 1920, $3,246,- 

 318, and, subject to your approval, have author- 

 ized expenditures on capital account during the 

 present year of $4,316,236." 



Of much interest is the information in refer- 

 ence to the distribution of the share capital, 

 which shows that the preference stock of the 

 Company deposited with the British Treasury 

 was returned to the owners on the first of 

 October, 1920, and the common stock on the 

 thirty-first of December. 



The position of the holdings of common 

 stock as at March 1st was as follows: 



Canada. 

 United States. . 



France 



Other holdings. 



Shares Percentages 



United Kingdom. . 1,242,837 47.80 



460,838 17.73 



626,510 24.10 



79,123 3.04 



190,692 7.33 



2,600,000 



The Handling of Railroad Baggage 



By J. 0. Apps, General Agent, Mail, Baggage and Milk 

 Traffic Dept., C. P. R., Montreal, P. Q. 



To those not intimately acquainted with the 

 work, the handling of baggage-car traffic may 

 seem prosaic and unimportant. This is not so, 

 for the careful and prompt handling of baggage 

 is of great personal interest to the owner, and 

 the loss or abuse of, or delay to, that property 

 causes both criticism and condemnation. 



It is estimated that the average piece of 

 baggage to-day is valued at approximately two 

 hundred dollars, although the liability of railroad 

 transportation companies is limited to one 

 hundred dollars for all the baggage of an adult 

 passenger. The average baggage car, between 

 given points, carries about one hundred pieces 

 per trip, with a total car average value of 

 $20,000.00. The average trunk alone to-day 

 costs not less than $25.00, a good grip or suit 

 case not much less; therefore, great care should 

 be exercised in the handling of these articles. 



The question of promptness is urgent. It is 

 pleasing to the passenger to find his or her 

 property in the house or hotel room within a 



reasonable time after arrival, as clean clothes or 

 change in dress is desired, and the commercial 

 man may wish to exhibit his samples promptly. 

 Delay to baggage generally means inconvenience 

 and often loss of temper, while the property that 

 has disappeared causes a great deal of discomfort 

 to mind and body and serious monetary loss. 



Old Stage Coach Days 



Why should the railways carry any baggage 

 free is a question that has often been asked. In 

 the old stage coach days, a traveller was per- 

 mitted to carry his portmanteau on top of the 

 coach without charge and this established a 

 practice which has remained in effect ever since. 

 It really means that in addition to the passenger 

 getting transportation for himself for a certain 

 fare, he gets also without further charge the free 

 carriage of 150 Ibs. of baggage with insurance of 

 $100.00 in case the property is lost or damaged. 

 This property if sent by express would cost the 

 owner about one-fifth of what he pays for 

 personal transportation; in the United States 

 the charge would be still higher. 



Although the railways collect charges on 

 baggage of excess weight and excess value and 

 for storage of it, in addition to charges for trans- 

 portation of baby carriages, dogs, etc., the 

 Baggage Department is, by no means, a paying 

 one; the revenue collected would not pay one- 

 tenth the cost. 



Not only is the personal baggage of the 

 passenger taken care of, but baby carriages, dogs, 

 bicycles, tool chests, guns, fishing rods, curling 

 stones, skis, toboggans and the paraphernalia of 

 the golfer are carried. This really includes all 

 that one might require when taking a rail 

 journey for business or pleasure. 



The comfort of the passenger is always 

 studied, and, to-day, between the larger cities, 

 where transfer companies operate, one may have 

 one's effects checked through from residence or 

 hotel in one city to residence or hotel in another. 

 A passenger sailing from the Atlantic ports of 

 Halifax, St. John, Quebec or Montreal may check 

 his baggage through from an interior point in* 

 Canada or the United States to his port of 

 landing in Great Britain or the European 

 continent. 



One of its mournful duties is the trans- 

 portation of the bodies of the dead. Careful 

 schooling has educated railroad employees to 

 exercise the greatest respect and consideration 

 in the moving of this class of traffic and for the 

 feelings of relatives or friends. 



An Unclaimed Mummy 



In the unclaimed storage rooms of the railway 

 there is a vast accumulation of trunks, valises 

 and many types of miscellaneous articles, such 

 as umbrellas, canes, coats, hats, rubbers, baby 

 carriages, and once in a while a crutch or a 



