The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1884-10-25
RAILROAD REPORTS.
PACIFIC ROADS AND UNCLE SAM,
survey ofthe Texas Midland from Waco
No Change in the Rate War at
Kansas City-A Strong Stock
Market Report, Etc.
The naIlrond and the Goyrrnment.


WA suINGToN, Oct. q THE commits.
sioner of railroads, William IL. Arm
strong, has submitted his annual report
for the fiscal year which ended June 30,
1881. The report states that the prom
erty and counts of the railroads com
ing within tho jurisdiction of his Office
mas been examined, the several com
panies having freely accorded all proper
ABILITIES for inspection of their PROPER
Ties and an examination of their books.
Statements are submitted in detail,
showing Indebtedness of the subsidized
railroads. TO the United States, and the
expenses, and the financial condition of
the t.u the p percentum
OF net earnings, and various other debt
pertaining TO these roads. The commits
sion also submits detailed statements of
the sinking fund of the Union
and Central Pacific railway companies,
showing the sums which have been
converted into said funds by the treas
ury OF the United States, and the
amount and character of the invest
ments made by the SO 'retary of the
treasury as custodian, The total in
debtedness of the several subsidized
Pacific railroads of the United States, on
june 80 1854, Is reported by the com
missioner as follows:
Total debt of the Union Pacific, in
Guiding the Kansas Pacific: Principal,
S33,539,5l2; accrued interest, $33 099, 554
total, %6,G30066.
Central Pacific, including Western
Pacific: Principal, $27,Ss5,6SO; accrued
interest, $26, 792, JAS; total, $4,Gi7, s25.
sioux CITY and Pacific: Prin-
eipai' ONO ,t2S'S2O; accrued interest,
Sl,66l,N6j total, $3,296,3l6.
Central Branch Union Pacific: Prin-
clpai, S,mO'0O; accrued interest, $685.
Grand total, $l27 ,S23,0l5.
Total TO the credit of these roads, S24.-
SSS,222. w
Balance in favor Of the United States
nut not due until maturity of the prin-
clpal in 1874 and 1879, $40, g3i,g73.
The sinking fund of the Union and
Central Pacific companies held by the
treasurer Of the United States, Amounted
70 Sb,OSI,0D; on June 30, 1884, tn Union
Pacific having to 8 credit, So, Az, SO, and
the Central Pacific, S2,6iS,52i.
me amounts remaining in the United
states treasury uninvested, on June 30,
1884, were rs follows:
To tho credit of the Union Pacific
SN,z,iS6; to the credit of the Central Pa.
enc, Sl,OS9, l59; total, $2,0Sl ,Gi5.
Tho total stock and debt of the Union
paclhc IL shown by the report TO be
S226'US5,6i9; total assets, $2i5,0il 1863; sur
plus, including land sales, $lS,9l5, ZIG
surplus, excluding land sales, $2,62s, $50
! Total stock and debt q
the Central Pacific, $3.50 ,9h5
Total assets, SIT ,9S7 ,079. deficit, 81, 235.
2I6. The company estimates 1t farming
lands unsold st. $25,2Jl,OOO and wateI
'front.' and lands in San Francisco, Oak
land and Sacramento, at $3.50, 900: i'm all
F3!WO,OCO, in addition to above assets.
IN conclusion, the commissioner agaiI
invites attention to the subject of fund
ing the debts of the several bonded Pa
cihc railroads, and urges congress I,
take speedy and fi"al action looking |,
the ultimate payment of this vast In