Ranch hands and general cowboys usually traveled light.  The work was hard and they lived simply. It was difficult, given the lifestyle, to own many possessions.  Most cowboys sometimes owned a horse or two, their saddle, rope, boots,  Luxury was a couple of shirts, trousers, spurs etc.  Those who could afford it might own other belongings such as a pistol or rifle but found anything large was a hindrance when moving.  They moved for various reasons.  Sometimes they were fired or laid off for one reason or another.  Sometimes they were escaping problems.  Still other times they wanted or needed to be somewhere else for as many reasons as you could probably think up.  I'm sure this cowboy had one too.