It is difficult to give an account of these transactions by reason of their number; but to cite only the most important, we may mention a block of 61,750 acres in the department of Juarez Celman, belonging to Alejandro Roca, which was sold at public auction in the early part of 1905, at prices varying from 17s. 10-1/2d. to £2, 6s. per acre. In view of the prices which the buyers realised later, they made a splendid bargain; none of them sold for less than double what he gave. In the Union department of the same Province, 59,904 acres were sold at prices varying from 13s. 3d. to £1, 16s. 11d. per acre. Another important sale, effected also in the early part of the same year, was that which took place in the department of Tulumba, fifty miles from the colony and railway station of Morteros on the Central Argentine railway. The block sold comprised an area of 20,826 acres, and the prices obtained varied from 1s. 5.8d. to 2s. 2d. per acre. In the Province of Santa Fé, the appreciation of land values has of late years been neither so great nor so rapid as in Buenos Ayres and Córdoba; the reason being that it was this Province which initiated the colonising movement in 1856, by the foundation of the Esperanza Colony, so that its land values had already undergone sudden augmentations in previous years. In the five years from 1899 to 1903, the sales have amounted to £5,831,160 acres, and in 1904 to 2,026,420 acres. In the department of General Lopez 23,487 acres were sold for prices varying between 2s. 4d. and £2, 18s. 3d. We may also note a tract of 8204 acres, 8 miles from La Serna railway station, which in 1908 was sold for £1, 12s. per acre. The Provinces of San Luis and Santiago de l’Estero were the last to take part in this movement of appreciation of land values. The former, in especial, has from this point of view been a revelation to every one. As soon as it was discovered that the soil of this Province was admirably adapted to the formation of splendid meadows of lucerne, its value rapidly rose from 1s. 5-1/2d. to 6s. 5.7d., 12s. 11d., and 19s. 5d. We must, in particular, mention a meadow known as the “Agualapada,” 98,000 acres in area, which on the 27th of July 1908 was sold at the rate per acre of 5s. 4d. 53,219 acres of land, some 13 miles from the railway stations of Nueva Galia and La Fortuna were bought at an average price of 10s. 3d. per acre. In the department of Pedernera 16,043 acres, divided into five lots, found purchasers at prices varying from 16s. 2d. and £1, 1s. 2d. to £1, 15s. 9d.