The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1873-12-12
RAILWAY STATISTICS.
The Report OF Secretary Delano The
Earnings and Expenditures Of the
Pacific Railways-Their Indebtedness
the Number OF Miles Completed, and
Other Facts-The Sections OF the Road
Acce nj III NV The GOYernment.

Other Facts-The Sections OF the Ron
Accepted by the Government.
The following appears III the report OF IL
Secretary of the Interior on the subject
railways
| The subscriptions to the stock of the Unto
Pacific Railroad Company amount to S36, 1888
600 of which $50, 1852. 300 has been paid. IL
receipts for the year ending June 80 1873 frol
the transportation of passengers were 50, 7Sd
208 of freight, 80, 024, 1913, and from misce
laneous sources 1922, 1853; total, 1903, 36'
The entire cost OF the road fixtures to sal
date was S112, 259, 1886, and the operating el
penses OF the road for the last fiscal yea
lending June 80 1870 were 1867 500 1h'
total bonded Indebtedness OF the company a
the end of that year amounted TO 975, 427,d2
of which $27, 236, 512 is duo to the Unteo
States. The floating debt" to the same
period mot including the company's note fol
81 600, 600 issued upon the Hope contract
amounted to 5l,94O239, and " excbhnge
loans" Gl20, 900.
The Central Pacific Railroad Company by
consolidation Gas heretofore reported EN-.
braces. besides the original company OF that
name, also the Western Pacific, the California
and Oregon. the San Francisco and OaSland,
and the San Francisco and Alameda Com
panies. Stock to the amount of S62O5, SUI
has been subscribed and S54, 27j, so pad.
The receipts for the year ending Juno%, 1873,
1856. 307, and of freight, S7277, 1872 total,
S11, $50, 799. The operating expenses of the
road for the year were So, 349 425. lealng net
earnings to the amonnt of s6, BIC, 3tH At the
close of said year the Indebtedness OF the
company amounted to S85, 443,S SIG, Of which
! S27, S55, $50 was to the United Slater.
The stock subscription of the Central Branch
! Union Pacific Railroad Company il II, 0OO, 600,
of which $3.50, 600 has been paid H. The re-
ceipts for transportation OF passengers Tor the
year ending June 80, 1878, were SIS, 59l, and
for freight 81, OIL total, Sl19,69. The eX-
| penses of the road and fixtures have been
So 1913, 700. The expenses of the road for the
! fiscal year ending as above stated Is Sl!223l.
The company's indebtedness Gin addition to
the FIRST motgage bonds, 81. 60OOOO and the
| Government loan, 81 500 000), is s3O3, O5S
The amount of stock of the Kansas Pacific
Railway Company subscribed is s., 992 500, and
the amount paid is 80, 655, $50. Total amount
of stock allowed 10y law $40, 100000. The re-
ceipts for the transportation Of passengers for
the year ending June 80 1873 we're 81, 1893 633;
for freight during the same penod, y, 2o) OBS;
miscellaneous earnings, 500, GU Total -, 74S,-
2o9. The cost of construction and equipment
of $50 miles OF main line and S3miles of branch
line (672 miles, has been S33, 1872 $40. The
total funded debt of the company Is S27 49,
100, Of which sc, 303, 600 is due the United
States. Other liabilities ard Indebtedness,
80, 996, 14S. Total $50, i43, 2s.
The amount OF stock of the Denver Pacific
Railway aud Telegraph Company subscribed
and paid in is 81, 900 600. The receipts for the
year ending June 80, 1873 for transportation
of passengers were Sl872O; or freight,
S149,012, and from miscellaneous sources,
l33l5-total, 1889, 9lS. The cost of con-
struction and equipment of the road to the
date above stated was s6473, 800, and the in
debtedness of tho company to that date was
~, 5l3, 745.
Stock of the Sioux City and Pacific Railroad
Company, TO the amount Of 81, AS, 500, has
been subscribed of which 81, 79l, 40 has been
paid in. The receipts for the year ending june
30, 1873, from tue transportation Of passen
gers were 1880; Of freight, 100, 507; of
mails, 81, 297 from express, 81 6l7 ; and from
miscellaneous sources, 80, 044 total, s26l, $50.
The expenses during that period were S201,-
l6i, leaving net earnings, @60,765 The in
debtedness of the company III 50, 339. 743, OF
which II, Gas, 800 is due to the United States.
This road commences al Sioux City, Iowa. and
extends to Fremont, Neb., where 1t intersects
tho Union Pacific railroad-a distance of
101 77-100 miles.
At the close of the fiscal year ending June
so 1873, the amount Of subscribed stock of the !
Southern Pacific Railroad Company of Cali |
fornia was 49, 1890, of which Sl1 9j5 400 |
was paid. Explorations and examinations of |
former preliminary lines havo been continued |
since the last report, amounting to $50 miles |
ia $1,000 miles ofroad have been permanent |
ly located and "a 50-l00 completed. Twenty |
miles OF this latter distance is on the route |
from Upton to Delano, and 80 miles COM
mencing at San Fernando Pass, via Los An
gelos thence toward San BemardiuO, ending |
about 20 miles easterly from Los Angeles, on
the line from Tehachapi Pass to Fort Yuma.
Forty-two and one-half miles haye been COM
pletcd on the branch hic in tho Salinas Val
ley. The cost Of the surveys to June 30, 1873
has been Sl05000. The amount received for
the transportation OF passengers for the fiscal
year was :i697S9 ; OF freight, @4S6, 435 to-
tai, 1886, 255. The expenses of the road for
the year were si5S 739, leaving net earnings,
Si97, 5l5. The Indebtedness of the Company
is sh wn by their report to be SO, $50, 900.
The fourth secton Of 20miles OF that road was
accepted by you on the 9th of August last,
making the total number of miles accepted
80 26-100.
Stoch of the Texas and Pacific Railway Com
pany has been subscribed to the amount of
q, 000, 900, Of which $500, 0OOha been paid i'll.
The bonds OF the company consist OF two
kinds, viz: First mortgage per cent. gold
construction bonds" and FIRST mortgage
land-grant bonds" OF tho former there have
been issued in the purchase OF consolidated
roads $4,000, 900.
The indebtedness of tie company is shown
by therreport to be as fellows Capital stock
as shown above), $4,000 600; land bonds,
"A. 00O, 600; debt of the Southern Pacific Rail-
road Comr any to the State of Texas, assumed ,
bv the Te las and Pacific Railroad Company
5000, 1876; floating deb, Sl9O,O95 interest {
coupons on land bonds $4,000; total, 81 !
l3q. 222 The operating receipts and expen- ]
ditures of the road for the year ending June {
30. 1873. have been ~ follows Receipts ! {
from passengers, Sl04392 freight, !
; -23,2l1 United State, mails, 50 1888; miscel-
aneous. S44s total, S3S3,3sO. Expendi- |
lures for conducting transportation sol, 99i; c
maintenance of roadway, Slll,Oi cost or I
running and maintenance OF motive power a
md cars. s62. $40; general expenses, S3l, l53; c
.otal 256 562 Receipts over expenditures, St
376Sls. There have been 100 miles of this I
'oad constructed. and 355 miles graded /
)ridped and tied since the date of the last re- 4
,ort of the company June 30 1922 the en- il
,ineera i'm charge OF the surveys have run e
,yer 900 miles of instrumental lines, and L
made Is. 600 miles OF Reconnaissance, develop
ng country /, 500 niles long, east and west, g
nd $50 miles i'm width, north and south. so Is
that the inc of location from Red
yer TO the Pacificcan very nearly be deter
lined. The lines Of road surveyed ana IN -
art undergoing construction are as follows y
outhern Division. from Long View, Texas, II
, Fort Worth, 1855 miles Jefferson Division, S
om Marshall to Tsxsrkana 60 miles Trans n
influential Division, from Texarkana TO Fort Q
'orth. -237 miles Brazos Division, from Fort Y
-orth TO the 1O0tl meridian. about 175 miles y
eco's Division, from the l00th meridian to U