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REV HALF MONTREAL APRIL sriie re venue from rail operations of Can adian Pacific Railway Company during 1958 exceeded for the first timeihe halfbillion dollar mark crump said today in the com panysfidth annual report to sham holders but Increased operating costs kept the return on railway net investment to fionly 315 While portion or the 15 gen eral freight increase sought in 1958 was granted by Board of Trans port Commissioners lilr Crump said the total Addition to railway revenuefrom freight rate increa scs was $12 million an amount not sufficient to offset the impact of higher wage rates and material prices which added $102 million to operating expenses lifr Crump described the past year as outstanding in the devel opment of Canada and noted marked general upsurge in con struction activity along with in manufactured iron and steel products associated with the building of western oil and gas pipelines and decided improve ment in grain exports Volume of freight service per formed by CPR measured in ton miles increased for the third suc cessive year exceeding the 1955 volume by 18 while railway rev enue passed the previous record year of 1953 by seven per cent and wns 13 higher than last year Railway revenue amounted to $505262393 an increase of $56 900052 with $423754140 coming from freightearnings $37825191 from passenger traffic $5890889 from mail $10048271 from ex press and $27744102 from sleep ing parlorand dining car servi ces and miscellaneous other sour BBS Railway expenses rose from $411233650 in 1955 to $453926 566 leaving net railway earnings at $41335827 as comparedwitll $37127791 the previous year income from sources other than the railway operatioanii Cnimp reported arfibunled to $30034463 an increase of $2256643 whilc fixed charges totalled $15752302 decrease of $436518 leaving the companys net income at 555617 988 After provision for dividends on Preference Stock this was equal to $376 per share on 13949 109 shares of Ordinary Stock out standing at the year end compar ed With $328 per share on 13878 173 shares the previous year The total assets at the end of the ycarwere $25 billion on in creascvof 89 million over the com parahler1955 figure The report stated certain ac counting transfers and adjust ments have been made to com ply With the uniform classification of accounts prescribed by the Board of Transport Commissioners for Canada These changes in volved several transfers in the companys balance sheets which were noted in the annual report Passenger Traffic Down in breakdown of the comp anys railway revenues Mr Crump noted thatpassengcr traffic vol umewas down slightly due to unfavorable summer weather in eastern Canada nd decreased military traffic Patronage of the transcon nental trains The adian and The Dominion co tinned however to show improve men 1c freight volume measured inton miles increased 47 billion or 18 the average revenueper ton mile decreased owing to 31 increase in movement qflow rated grain other increases were shown in movement of agricultur at products coal crude petroleum lumber timber plywood paper manufactured iron and steel pro ducts and other manufactured goods Expressearnings were up scven nt her maintenance charges ac counted for almosthalf the in crease in total nllway expenses Mr Crump said road maintenance xpensca having increased 20 per cent and equipment maintenance expenses 12 per cent Transportation expenses increas ed ninc per cent compared with an increase of 13 per cent in tram portation service gross ton miles The ratio of transportation ex penses to railway revenue at3l6 per cent showed decrease be it its lowest point since 1945 About twothirds of the total in crease in gross ton miles in freight service was handled by diesel power Although it was necessary to use the less efficient steam power for the remainder said Mr Crump gross ton miles per freight train hour increased from 34421 to 38138 continuing the trend of the previous six years The proportion of total transpore lotion work performed by diesel power in the year averaged 48 per cent in freight service 72 per cent in passenger service and 68 per cent inyard service Further Dieseliutlon liir Crump noted many improve ments in the companys property during the year headed by fur ther advances in its dieselilation program total of 113 new dic sel units were acquired at cost of $25000000 bringing to 608 the number in service at the year end For the coming year $32238323 has been appropriated for the pur chase of an additional 157 units in rolling stock 3952 freight cars were obtained including 3200 box cars bringing the number of freight ears in service to 00246 In 1957 $43893705 has been ap propriated to obtain another 4325 freight cars Passenger equipment purchases included 15 rail diesel cars mak ing total of 31 units of this type now in service Six new Day liner services were started in 1958 including the international service between Montreal and Hos ton bringing to 3000 route miles the distance operated by this equipment Eleven additional un its have been ordered for 1957 Duringthe year an addition to he diesel maintenance shop at ontreai was completed and anew passenger car repair shop was com plated at Winnipeg New Trackagc New trackage constructed in cluded 214 miles from Brocket to Drywood in Alberta to serve new industrial development and another 53 miles to serve 190 of the 700 new manufacturing ware housing and distributing estab lishments locéted on company lines Track replacements included the laying of 574 miles of rail in stallation of 19 million ties ball asting of 565 miles of track and installation of automatiebloek sig nals on 91 additional mile track bringing the total mileage soequipped to3130 Trailer on flat car tonnage handled during the year increased and an additional 41 flat cars wereadapted to secede modate highway trailers services provide pickup and de liveryybetween Montreal Toronto Hamilton andLondon and coon dinate rail and highway opera tions between 11 principal points in Western Canada The provision of safeguards against injury and the elimination of hazards continue to be foremoSt considerations of your Company said Mr Crtimpand third con secutive award for public safety activities was receivedfrom the National Safety Councilin Chica so Steamship Hotels Wires In steamshipoperations the Empress of Britain completed successfulsfirstseason in which the Canadian Pacific fleet carried moretransatlantic passengers than niacins N700l These in any other postwar year second new passengercargo liner the Empress of England enters service this spring Canadian Pacific hotel improve ments were highlighted by the start of work on 17storcy 400 room addition to the Royal York lloicl to provide for convention traffic and the rapid growth of the Toronto area In the communications field Canadian Pacific jointly with Can tdian National participated in can tahlishing the first international teleprinter exchange service in Canada providing rapid and dlr ect communications between sub scribers in Canada and those in overseas countries The television network service erated jointly with Canadian Nat onal was ex tended in Sherbrookc Que and Wingham OnL and construction was underway to extend the ser vice to Rimouskl Quc and Jon oulere Quiz The companys intcgntcd data processing program to mcchanlze paper work reached the implem entation stage with the installa tion of common language mach Ines in yard offices freight offi ccs and districtdata centres high spced electronic computer equipped with memory core stor age has been installed in Mon treal thefirst such installation any industry in Canada 01 Air Liners Develop 1n Canadlan Pacific Air Lines eight DCOB aircraft four for de livery in 1957 and four in 1959 were on order along with five Bris tol Britannia turboprop aircraft four for delivery late ln1957 and one early in 1958 Dealing with the companys fother income whichinereased $23 million to $30 million Mr Crump reported net earnings of steamships at $39 million an in rease of $31 million Freight revenue from your ocean steamships was substantially above that of 1955 owing to an increase in freightcarryings par ticularly of grain and flour and towgenerally higher cargo rates There was rise in the volume of passenger traffic to which the entry into service of the Empress of Britain was major contribiit ing factor Net earnings Rom coastal operations increased dw ing mainlyto an improvement in passenger revenue Net earnings of hotels decreas ed $455000 to 5802000 owing to changes in wage ratesand work ing conditions despite increased revenue Net earnings from communica tions services decreased $187000 to $28 million An increase in gross revenue was more than off set by increased wages and mat erial prices Dividend income was down $93 000 at $158 million decrease in returns from Consolidated Min ing andSmelting Company was largely offset by receipt ofa divi dend from Canadian Pacific Air Lines and increased dividends tron United States rail subsidi aries United States Subsidiaries Net income from petroleum rents royalties reservation fees and land rents before provision for income taxes amounted to 593 million an increaseof$584 J00 Royalties were received from rude oil production of 181 mill or barrels the number producing ivells increasing from 718 in 1955 765 Net income frominterest sep arately operated properties and nise laneous sources amounted to $69 million an increase of £464000 Dividends from CPAL amounted $495000 ThelAir Lines showed net profit for the year of $525 100 compared with $275000 in 1955 Revenues from domestic air line npcratlonsincreased 24 per cent traffie havjngvbeen stimulated by oil and rmlncral exploration and development and passenger courier service between nbrtherri radar stations The international revenue of ibevairlines increasedfii per rent due to the operation for full year of the VancouverAmsterdam and Torontorlifcxlco Cit services extension of the Sout America service to linkBuenos is with Toronto and the Orient and in creasedfllghts on most routes From its United States subsidi aries the companyrecelved in come from bonds and common stock of theiMinneapollsyst Paul orid Spirit Ste Malie Railroad Com son The rinsr runs in its historythe non Eati nuwe Curling Trophy goes to Strand team Whichqu the coveted award Saturday night when they won theknockout elimd ination Eight communities competed Members of the THE nannin nxnmmmMonpAY arm 1057 Poultry Producers Dissatisfied With Eggv Marketing Ontario poultry producers meet ing in Toronto last week express ed their dissatisfaction with pres ent marketing methods of eggs in Ontnri Thennnual meeting of the on tario Poultry Producers Associa tion also heard Dr Hope economist of the Canadian Feder ation of Agriculture say that there is currently growing ten uoncy towards direct shipment of eggs from the farm to chain stores Following lengthy discussion on marketing practices inthe sell ing of eggs the annual meeting approved resolutio expressing dissatisfaction with resent mar keting methods of eggs in Ontario and urging thatjhe Association develop satisfactory plan for the marketing of eggs through pro ducer organization consideroda long list of proposed principles for an egg marketing plan and gave general approval to the principles but with the user vation that they would be submit ted to poultry producers in each county fortheir consideration and for any necessary modification Dr Hope told the meetlngthat in the next 20 years there would be fewer poultry producers larger flocks smaller labor force to operate the industry and on the basis of the present trend produc tivity per hen would be increased He said that while the prewar ayerageperhen was 110 eggs an nually the present average in On tario was 175 eggs annually and hybrid hens beingrimported froln the USA were presently yielding 225 eggs per year Tom Robson of Leamingtoif was elected president of the Ontario Poultry Producers Associat succeeded Ken Betznerj of loo The Board of directors for 1957 are as follows Betzner of Waterloo Tom RobsonrofLea mington Hugh Davidson of oak wood Mrs McCartney of Ram Contlnued from page oho Thp meeting TheJFiistiColumn co petition or protcst withslgna lures in circle so as not to in dicate who signed firstJ What do these guys thinls they are playing anyway nedy had better nmcnd his in structions to the eight competing teams They are simply engaged inspherical petitioning Later onlwe had two gentle menfroprEssa or was it Vlnnls fil phone in to questionour use of the word apathetic inthe hospital sthryrc proposed addi tion Glaimed such word Well here it is page Aillack ing normal lndi ercnt Note from William Webs ter Sarasotabrings clipping from the Heraldlribune of that city where thelloston Sox and Ringlings circus lrain It is headedz CITY ECOMMISSION GETS PLAUDIT FROM CANv ADIAN MAYOR gt Herels the text from the Flor ida newspaper want to com mend the City of Sarasota on its fine city governmentr climate and hospitality said Mnypr Walter Kinzic of Barrie Ontario as he made surprise appearance at the City Commission meeting Monday night Stepping forward to address the commission as Mayor Ray Howard said is there further new business Mayor Kiniie delighted thecom missioners andaudienco with hi complimen have growth too he said Sarasota is feeling or interest know What throu think theolty is very efficiently Mayor Kinzi said he and manyrofhis speople haye licen coming to and they to have Saraso Ken built righton sink and the fish nderfnl he sai as he sayville Craig Hunter of Strbud Albert Pond of Jarvis and Carl Hemmingway ofClinton gt The death role from cancer of the buccal cavity mouth rtone gue etc has dropped 45 for males and 17 for females in tho gt past 20 years PROPER season is it that schools pay so little attention to speech Wt arctalking about the median of speech articulation and enun lling $668000 common stock ofthe ls Duluth South Shorefand Atlantic Rail oadCompany totaling $426 000 nd from bonds and common stock of the Wisconsin Central Railroad Company totallijig $09 1C0ntlnucd fro lilo Written Parsons Ba tun1Soclcty poinle we at the previous meeti it ha been decided to obtain nilDu Stir Johnston from the Milllsl Minds and Forests in writin the proposed plans for the lulu of the park andan assurance lha Stroud team made up of two rinks are pictured Lahovc Campbell John Cowan Irving Nelson Fraser Suther land skip Harold Robertson bellund Bob Green skip SATURDAY APRIL Two things were in abundant supply at the market this Satur day eggs and maple syrup The price of the latter varied accord ing to the sizeof iihe container from 45 cents to $6pergailon Eggs have shown little change in price during the past weeks and they were being offered at 45 cents to 50 cents dozen ac cording to size Touch of Easter One small touch of Easter the festival is always associated withfirst flowers of the year was thevery beautiful display of bright artificial flowers The col ors were bright but not garish and the craftsmanship was excel lent There were sweetpeas roses corsach and novelties ranging inpricc from $1 to $175 Vegetables You might think that veg etables at this time would be in short suppl iCertainly forthe roots this is not true at the market New parsnips were available at 40 cents per basket and at the same price the house wife could huydcarrots nnd beets Onions were offered at 45 cents urged Sarasotansi make the trip to Canada this summer Hisi Worship certainly gets aroimdeven though they call him Walter3ln the deep south Mr Webster furtherreports on the weather April fGenerally fair today with little change in temperature High 80 to 86 Moderate southeasterly winds chI who wou1dwant to missall thatnice white stuff we had last week it wont belong now beforcweil be able thigup herc uu AlFlN Caunna esia 1000000 There they number on of the whole Blythe Bloc Marshall Camp basket Large size turpipa01d at and 10 cents each small cabbages fetchcd five ce Warba seed potatoes are being offered at 40 cents peebasket Table potatoes maintained helr price of $175 for 75 lbs hag Unconsidernrl Trifles There was headcheese at 50 cents chocolate fudge for10 cents sweet conant biscuits et 40 cents per dozenand butter scotch and apple pics at 50 cents each llIE BIBLEIQEAY ny REV ranson District Secretary Upper Canada liiiblc Soc ety The speed at which social and cultural conditions are changing in Asia especially SnuthltEast Asia surprised membcrs attend ing the United Biblc Societies conference in Bandung Indon recently One American was amazed to find on revisiting the area after gap ai18 months that the position in somecoun tries had changed in that time almost past recognition Whereas our prescntannual circulation in the Far East is if we are reallyto do the job we ought to be thinking in terms of 15000000books each year This statementwas issued by the committee on distribution sense of urgency was apparent in all the conference sessions The movement towards Chris tian unity nowhere has greater impetus and churches In Asia are almost completely Asian in both membership and leader ship reported ione delegate from the West Thense of the word united incorporated in the name of national churches in the Philippines South India Ja pan and Thialand eclally In Asia there or 13 0000 Protestants One person in every hundred is an eyangelicnl Chris tian Roman Catholics in Asia mainly in the Philippines num ber 20000000 Asiastotal popu ia isapproximatcly 1300000 Korea has tliegreates number of Protestant Christians in the area in proportion topopidation twentieth Findings revealed that Chris tian work in Asia while still only at its beginning willprobably be it wasnot the intention of th Department of Lands and Foresti lo dishpnd 18 illogical exhlblti there fiHnd there been any such reply received as Johnston said he had asked for such reply and had been mm by minister that it wasf not customuy to make any such written reply Lloyd Cook speaking for the Conservation Club said that the club would like to see all the for cign birds kept at Springwater Park Maybe they have come from other countries but there are very few in this room who also haven come from other countries Many Protests Among numberof protests re ceived respecting the removal of wild life at this park is letter from Allistonjnd District Horti cultural Society stating that such is procedure would remove eno of the major attractions of hi park and would defeat the pur pose at least in part of an preclated investment Ships Can Leave Bayle Ports Soon thidlnnd rreerrcss Herald Ships could leave Midlan Port McNicoll anytime now With out encountering much troublcl according to local shipping Mr cials Hendrickson CSL mana gc Capt Reg Belchcr takanhe tug Bayport to McNicoll yesterday and ha countered not more than 10 of ice It wouldnt beany heavic farther said Mr Hendricks At the same Mr Hen son said there was little likelih broug to the Georgian ports las spring is slated to Join other ships at the See next week effort to free the In ks of piles of ice number of sailor imcoe ports havealtéady in their ships mostly al Loki Ontario or Lake Erie ports the indigenous churches if it is be done at all These people today turn toth Bible Societiesyvlth the reque Give usythe tools and wcw1i finish therjob Suggested Bible readings SundayMark 133 MondayMark 44 Tuesday arde 67 WednesdayMark 31 ThursdayMark 3272 Friday Mark 15 52 Salurda Mark 3347 Hertz Ron ACar utilitarian Steamship Bookings Hotel Reservatio done largely in future through one owner low an li im riil1t