Page:U.S. Department of the Interior Annual Report 1873.djvu/27

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REPORT OF THE SECRETARY OF THE INTERIOR.
707

29, 1872, the company leased for a term of 999 years the Pacific Railroad of Missouri, extending from Saint Louis, Mo., to Kansas City, Mo., including Carondelet Branch, (297½ miles,) and assumed the leases to said Pacific Railroad of the following-named lines 2 Missouri River Railroad, 25¼ miles; Leavenworth, Atchison and Northwestern Railroad, 21¼ miles; Osage Valley and Southern Kansas Railroad, 25 miles; Lexington and Saint Louis Railroad, 55¼ miles; Saint Louis, Lawrence and Denver Railroad, 61 miles. The cost of the surveys of the Atlantic and Pacific Railroad to June 30, 1873, was $306,357.84. The amount received from passengers on the Atlantic and Pacific Railroad Division, was $303,357.84; on the Pacific Railroad of Missouri and leased-lines division, $1,073,981.02 total, $1,377,338.86. The amount received for freight on the Atlantic and Pacific Railroad Division was $945,711.69; on the Pacino Railroad and leased-lines division, $2,587,852.37; total, $3,533,564.06. The cost of the Atlantic and Pacific Railroad and fixtures, as appears from the accounts of the Treasurer, June 30, 1873, was $36,262,322.70. The running expenses of the road from 1st July, 1872, to June 30, 1873, were 8692,529.16. The same expenses of the Pacific Railroad of Missouri and leased lines for that period, were $2,693,926.36; total for the fiscal year, $3,386,455.52.

The indebtedness of the company is as follows: Bonded debt of the South Pacific Railroad Company, secured by mortgage of lands, assumed, 87,190,000; Atlantic and Pacific Railroad Company's bonds dated 1st July, 1868—20 years—$2,945,500; Atlantic and Pacific Company's railroad and land-grant bonds, November 1, 1871, $1,190,000; same company's central division land-grant bonds, dated November 1, 1871, $797,922; same company's second mortgage railroad and land-grant bonds, dated November 1, 1871, 81,272,000; same company's scrip for bonds dated November 1, 1870, $1,718,438.36; total bonded indebtedness, $15,113,860.36; Boating indebtedness, $2,758,025.38; total indebtedness, $17,871,885.74. Assets of cash, debts due company, and securities other than of this company, amounting to 8l,340,070.31, on hand.

Stock of the Northern Pacific Railroad Company, to the amount of $100,000,000, has been subscribed, and certificates for 172,695 shares of $100 each have been issued. During the year 1873, the road was definitely located from the mouth of Heart River, on the Missouri, to the mouth of Glendive Creek, on the Yellowstone, a distance of 205 miles. The precise point of crossing the Missouri River has not yet been fixed by the company. The surveys necessary to complete a continuous line across the continent, which were left unfinished last year by reason of the open hostility of the Sioux Indians of Montana and Dakota, have, this year, been brought to a most satisfactory conclusion. A continuous line has been surveyed from Lake Superior to Puget Sound, and the data have been obtained for deciding the final location of the road between the above-named termini. The entire line of route has- not as yet been definitely fixed upon. The company reports that "for climate,