The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1886-12-10
THE UNION PACIFIC.
Some Figures Submittsd In Relation to th
Union Pacific Railroad.

Some Figures SubWlttsd In Relation to tho
Union Pacific Railroad.
WASHINGTON, Dec. 2-The ANIMAL 70.
port of General Joseph E Johnston, Com.
missioner of Railroads, has been fled with
the Secretary Of the Interior, and was made
public yesterday. or the Union Pacific
Railway Company, the Commissioner says
that on his annual tour Of inspection, he
"found the track, bridges. culvertsI work
shops. roundhouses. stations, etc, OF the
company In excellent condition; the ties
were levelled and the rails (steeD accurately
and firmly laid, constituting this as first
class road and proving the efficiency Of the
present management" The financial state
Is summarized as follows:
Total debt $15Q. l39, c92
Gapitai stock: ................ X0 sos o.,
lOtai assets -..-..-............... S1SS50..oS
SurpiuS. SAoOt,sss
Among the items of assets is one of s21..
6O4, 141. as claimed by the company, repaid
to the United States. The Commissioner
says tina. reports of the Treasury Depart.
ment show settled accounts and money paid
into tho treasury, June 80, 1856, aggregating
S2O.614,414, or S929,729 less than the
amount claimed by the company. The
credits of the company are increased, how.
ever, by accumulated interest on sinking
fund investments s44S.5 500. Total credit
June 80. 1886. S21, 122.9l4. The gross earn
ings of the Union division for the year
1855, United States and commercial.
amounted to St2,2l5. 4S4; expenditures al
lowed under the Thurman act, 81, 761, COS,
leaving 81. 1875 as the net earnings, OF
which the Government ia entitled to twenty
five per cent, or 81, ll3, 469.
The amount found due from the Kansas
division is S14l,O19, making total OF
Sl,254,4S due from both divisions. In.
stead Of dividing the earnings and expenses
Of the Kansas division on . mileage basis.
as heretofore, the amount found due by
the commission was based on an actual
location between the aided and nOn-aided
portion of the road and resulted in an
increase Of S32, I'm the Government
requirements.
The funded debt Of the Union Pacific
railway was sl,l54,Sl9, as against $ll6,.
441.779 the year before. q net decrease Of
Sl,393.37O. The revenue of the Union Pa
cific for the year ended December 81. 1885,
was SIS. 066, S36; expenditures. S2l ,944, 9O4 ;
surplus, $3, l21 ,932; surplus, excluding ex-
penditures or new construction and equip
ment, S3,344,2S1. The net earnings were
ss.4o4, $40. against sS,941.9O in 1884. The
net earnings Of its auxiliary lines for the
year 1855 were s1,362,774, against $751;.
265 in 1884.
The company operates twenty-One branch
lines, in nineteen Of which 1t has control
ling interest, although each has an indie
pendent organization. The total mileage
Of these branch lines December 81, 1885.
was 2,6S7. The bonds outstanding amount
Ell to $40, 352, 900. of which the Union Pa
cific owned 24.O50,000, which cost the
company $50. 4S5.253.
The total stock outstanding (par value)
was S42.251.75O OF which the Union Pacific
owned S34,2l6.O00, which cost it 81. 562,-
1874. The net earnings of these auxiliary
lines for the year ended December l, 1885,
amounted to 81, 1865, 49l. The annual inter.
est OH bonds was S2,6O4,1iO.