Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1890-05-03
THE SOUTHERN PACIFIC.
SOME INTERESTING STATISTICS FROM
ITS ANNUAL REPORT.
The Central Pacific Debt-The Company
Ready to Make Any Jus;ifiable
Sacrifice.

cific Company, its proprietary properties
and leased lines, for the year ending De-
cemher 81, 1889, has JUST been issued. 1t
is a very complete exposition of the COM
pany's affairs and contains many statistics
of public interest. In the Pacific system
the proprietary lines are: Southern Pacific
Railroad of California, Southern Pacific
Railroad OF Arizona, Southern Pacific Rail-
road of New Mexico, South Pacific Coast
Railway Northern Railway. Northern Cal
fornia Railway; total mileage, 1853 80.
The leased lines are Central Pacific Rail-
road, Oregon and California Railroad, CAL
ifornia Pacific Railroad; total mileage,
1850 50. Total Pacific system. 4.31011
miles.
In the Atlantic system the proprietary
lines are: Morgans Louisiana and Texas
Railroad, Louisiana and Western Rail-
road, Texas and New Orleans Railroad,
Galveston, Harrisburg and San Antonio
Railway, Gulf, Western Texas and Pacific
Railway, New York, Texas and Mexican
Railway. Total Atlantic system, LAP So
miles. Total all lines OF railroad, 6052 At
miles.
In addition to the foregoing mileage,
there are second tracks for Is IS miles of
the Northern Railway, for sc miles of the
South Pacific Coast Railway, and for 7.72
miles on tine Central Pacific Railroad
making 6,097.4S miles of single-track rail-
road in operation al the close of the year.
The line between Mojave, Cal. and The
Needles, amounting to 242 81 miles is not
included in the preceding figures, though
it is part of the Southern Pacific Railroad
of California and is covered By its thirty
year 6 per cent. bonds. The line is per-
petually leased. and q contract is delivered
for its sale TO the Atlantic and Pacific Rail-
road Company. That company pays as
rental en- amount equal.to the interest on
the bonds which were issued on the line,
at $4,000 mile. This rental, amounting
to the annual sum of 1886, 266, appears in
the income account OF the Southern Pa
ciic Company, as the interest paid by this
company as lessee of the S. P. r. r. in
cludes that on all the bonds.
The through passenger earnings de-
creased S474 sos SO as compared with 1888.
This was entirely in West bound business,
the principal cause of the decrease being
the collapse of the boom in Southern Cali.
fornia. The local passenger earnings show
an increase of 1854 l01 As. OF this amount
S24 95S 80 was on the coast division and
the remainder was new business in the
northern part of California, and especially
traffic between California and Oregon. The
Southern California lines show consider.
able decrease in local as we'll rs in through
business, and from the same causes. Omit.
ting the coast division, the remaining lines
of the Pacific system show an increase in
local passenger earnings of per cent,
with an increase of 10 per cent. in traffic
and decrease of about per cent. in the
average rate received per mile.
Sleeping car earnings show an increase
of $220,0ll 10, which is due to the transfer
of interests in the cars to the Pullman
Company.
Freight earnings show total decrease oil
81, 4S9 or, II. Of this, however, S544,
773 50 is in company freight, and il is
really q more favorable result than if the
company freight were the same or create,
than for the previous year. 1t represents
practically reduction in revenue which is
accompanied by an equal or greater reduc.
ton of expenses. OF the sum about $3.50.
600 is for less hauling of coal resulting
from larger stock being hauled in 1885
than was Immediately needed, and remain.
ing on hand for use in 1889; also for long
shipments made from Wyoming for use in
Central California as result of scarcity Of
coal on the Pacific coast in 1888. Wyo.
ming coal was burned on the Sierra Ne.
vada mountains in 1888 and has now been
replaced with wood, which is delivered
along the road where used. Two hundred
and eight thousand of the sum is for ma.
terials distributed in 1883. A scarcity Of
ties and the urgency for their use, led to
the necessity of their shipment from
Louisiana for the tracks west of Ell Peso,
Through freight earnings show decrease
OF t466, 504 SO. This is made up of decrease
In West bound business Of S764. 3l2 "a less
al increase in East bound of 1927, S07 Al
To- Vest bound decrease amounts TO II St
pes cent. in earnings, and 2064 per cent. in
to. miles, with an average increase of 10
pei cent. in the average rate per mile
Tbs decreased revenue is wholly on the
Southern lines, and is chiefly the result OF
the collapse Of the boom in Southern
California.
Local freight revenue shows decrease
of S4s2,954 80. The Coast Division shows
an increase of Sl2,32 90, making de-
crease of S495 PSI 20 for the remaining
lines of the Pacific system. This amounts
TO decrease of 4 26 per cent IN revenue
There is an accompanying decrease of 8 I9
per cent. IN ton miltase, with ala increase O,
4.29 per cent. in the average rate per ton per
mile. The principal cause OF the decrease
in local freights is also found in the col
lapse Of the Southern California boom. y
in Nevada and Utah, owing to the drough,
in the fall of 1889. There was material
increase for the lines in Oregon and q
smaller increase for the lines in the north
ern portion of California.
Miscellaneous earnings show an increase
of S2s2, $50 o., of which sum S206, 543 10 is
for mileage of cars and earnings. This
represents mileage balances both between
the several roads Of the system and with
foreign lines, and should be considered in
connection with thesame title in operating
expenses, IN which there is decrease OF
$l0l,9Sl so, making total gain in this &C.
count OF sos 525 %. This is result OF
the reduction in traffic in 1889, accom-
panied by large increase in the equip.
ment owned by the lines of the system.
As compared with the decrease shown In
gross earnings of Sl,IS5,755 90, there is a
decrease in operating expenses, leaving q
net decrease in earnings over operating ex-
penses of Sll5,SSl so.
There was a decrease in maintenance OF
way and structures of Sl37, 37S 50. The
Coast Division lines show an increase oil
Sl3Se64 81 making g decrease for the re.
naming lines ofthe cificsystem amount.
ing 10 S276.343 "a. The increase on the
Coast Division is owing chiefly TO the re-
newal OF twenty nine miles of road having
steel rails Of city pounds to 6 yard with
sixty pound steel, and of fifteen miles o.
rail with hfty-pound steel; also, to the gen
efsi renewal of bridges on the Santa Cruz
Division. OF the decrease for the remain
ing lines OF the Pacific system, amounting
to S25b 343 q. the principal items are 1888
s6ST As IN renewal Of ties, and sl47. oil 9,
in repairs OF docks and wharves. Thu
charge for renewal OF ties on these road.
for the past three years has been Fol
1887, 1856, $50 %; Tor iSSs, S936073 Al. apC