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Constructed and Completed in 1910 by the Canadian Northern Railway for the joint use of the C.N.R. and Grand Trunk Pacific Railway.

completed at Port Arthur at this time; a strike of carmen took place in July on the Western lines of the C. N. R. but was soon settled; the new appointments of the year included the following:

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An important event of the year was the inauguration of a fortnightly service between Bristol and Montreal by the Canadian Northern's new Royal Line of Steamships. The vessels starting this service had been built about 18 months earlier by the Fairfields of Glasgow for the Mediterranean service with a tonnage of 12,000 and a speed of 20 to 21 knots. They were purchased by the C. N. R. and christened the Royal Edward and the Royal George. H. C. Bourlier of Toronto was appointed General Agent of the new Line and the first sailing was on May 12 from Bristol -the Royal Edward reaching Quebec on the 19th after averaging 1834 knots. For the winter trade Halifax was the port decided upon and the first run in November was made in 52 days. On Dec. 6th, in honour of this event a banquet was held at Halifax and addressed by Mr. D. B. Hanna who made this striking statement-evidently inclusive of all C.N.R. and Mackenzie-Mann projects: "Perhaps there is not one fact more illuminating than this, that whilst the Company operated 100 miles in 1897, they are to-day operating, or have in course of construction, 7,135 miles. This does not include the British Columbia section of some 500 miles, or the gap still to be constructed between Sudbury and Port Arthur of 600 miles. But it includes all our lines in Ontario, Quebec and Nova Scotia, so that by the end of 1914, when we hope to see the various gaps filled in, the Canadian Northern and its allied lines, all in Canada, with the exception of a few miles, we will operate not less than 10,000 miles of railway." Meanwhile, on May 19, it was semi-officially announced that Mr. Mackenzie had secured in Great Britain for use in developing the varied interests of the Company the immense sum of $40,700,000. Of this money $6,000,000 was from debentures of the C. N. R., $1,000,000 was for improvements in the Winnipeg Street Railway, $3,000,000 was for Steamship Service and 712 million for use in the recently acquired timber interests in British Columbia, $14,000,000 was for the Dunsmuir colleries in the same Province, $6,000,000 was to be used in the Brazeau coal-fields and the Railway in Alberta, and the balance of $4,700,000 was said to be for the building of the Duluth, Winnipeg and Pacific Railway from Virginia Mines, 70 miles, into Duluth.

At the annual meeting of the Company on Oct. 15th Mr. Mackenzie presented the Report for the year ending June 30. The Assets showed a cost of Railway and equipment totalling $133,782,348; acquired securities $5,725,060; advances to other Companies, Lines under construction, Winnipeg Terminals and sundries $11,708,050; deferred payments on Land Sales and Cash on same account $12,964,627; Cash account with Dominion, Manitoba, Saskatchewan and Alberta Governments and $1,796,968 of cash in hand-$9,873,704; or a total of $174,053,791. The Liabilities included $55,000,000 of Capital Stock and $44,490,210 of Bonds and Stocks guaranteed by Governments; $33,058,049 of 4 per cent. perpetual consolidated debenture stock and Land Grant and Car Trust obligations of $17,863,942; current liabilities and sundries totalling $1,975,046; a surplus on Land Grant account of $12,497,029 and in Railway account of $4,950,859. The net earnings for the year were $4,344,390 or a total of $19,627,191 since 1902-3; the Surplus was $1,030,757, the returns from Passenger traffic were $2,415,440, and from Freight traffic $10,102,510; the gross receipts were $13,833,061 and the working expenses $9,488,671. Of the Stock issued during the year £600,000 was guaranteed by the Government of Alberta and £600,000 by that of Saskatchewan; £950,000 was in stock of the Duluth, Winnipeg and Pacific Co. guaranteed by the C. N. R. and the Company's 5 per cent. 20-year income charge convertible Debenture stock of which $5,000,000 was sold. The operated Mileage of the Railway on June 30 was 3,325 of which 353 miles were in Ontario, 1,530 in Manitoba, 1,182 in Saskatchewan, 214 'n Alberta and 43 in the State of Minneapolis. The equipment at that date included 372 locomotives, 203 passenger coaches and 11,735 freight cars.

Transportation Incidents of the Year.

Jan. 12.-The Ottawa Board of Trade presents a Memorial to the Government and (Mch. 2) a large deputation of the Federation of Canadian Boards of Trade asks Sir W. Laurier to aid the Georgian Bay Canal project; Nov. 28 the Board of Trade of Montreal passes a strong Resolution in favour of it; Dec. 12 a large Delegation from Montreal, Ottawa, North Bay, etc., waits on the Government to urge it.

Feb.

7.—The official figures show a total of Canadian Elevators-transfer, interior, milling and terminal-of 1,802 with a capacity of 94,296,100 bushels.

Feb. 8. The Minister of Railways states revised estimates of Hudson's Bay Railway cost, by alternative routes, as follows:

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Mar. 31.-The number of Dominion registered steamers is 1,978 and the

gross tonnage 440,819.

Mar. 31.-The 1st annual Report of the new Government Railways Managing Board-A. W. Campbell, Deputy Minister (Chairman), D. Pottinger, E. Tiffin, and F. P. Brady-states the condition of the Intercolonial Railway for the two fiscal years as follows:

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Apl. 12. The Toronto Globe has a strong editorial in opposition to Hudson's Bay Railway construction.

June 2.-The Government advises Sir Robert Perks and his associates in the proposed construction of the Georgian Bay Canal that it "cannot at this moment assume any new obligations."

June 30.-The mileage of Canadian Railways is 24,731, of which 8,230 miles are in Ontario, 3,794 in Quebec, 7,639 in the West, 1,832 in British Columbia and 3,164 in the Maritime Provinces. The Capital of the Railways is $687,557,387 in stocks and $722,740,300 in Funded Debt.

June 30.-The Passengers carried on Railways for this year total 35,894,575 in number, the tons of Freight (2,000 lbs.) are 78,582,866, the Earnings $173,956,217 and the operating Expenses $120,405,440. June 30. The equipment of Canadian railways is made up of 4,079 locomotives, an increase in the year of 110; 4,320 cars in Passenger service or an increase of 138; 110,713 cars in freight service or an increase of 1,934; 8,648 cars in Companies' service or an increase of 780. June 30-Electric Railways have a mileage at this date of 1,047, a capital liability of $102,044,979, gross earnings of $17,100,789, operating expenses of $10,139,070, and a Passenger traffic of 360,964,876. June 30.-During the year 2,139 persons are injured on Canadian Railways and 615 killed. The taxation of Railways in the year totals $1,792,648 of which Quebec levies $337,490, Ontario $747,004; Manitoba $92,476, Saskatchewan $161,575, Alberta $87,423, British Columbia $220,687.

Oct. 28. Survey parties return from work on the Lake and River route from Winnipeg to the Rockies and the estimate is made that a 9-foot waterway can be created for $15,000,000.

Dec. 14.-A large Deputation representing many important Boards of Trade and municipalities of Ontario-headed by that of Toronto -waits on the Dominion Government and asks for a deepening of the Welland Canal.

Dec. 25-The Dominion Railway Commission deals with the Express Companies and decides that (1) they are over-capitalized; (2) present tariffs are too high and must be revised at once; (3) they are only auxiliaries of railways, which could perform the service with equal efficiency; (4) the tariff on fruit between Ontario and Western points must be modified; (5) Carload rates between points where fruit and vegetables are likely to originate must be established; (6) present contracts between Express Companies and shippers are unfair and must be changed.

Dec. 31.-The Freight traffic for the year through Canadian Canals is 42,990,608 tons or an increase of 9,366,367 tons-the traffic through the Sault Canal being 36,395,687 tons for 1910 as against 27,000,000 in 1909 and 12,000,000 in 1908.

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