REPORT OF THE SECRETARY OF THE INTERIOR.
37
the Auditor regarding money invested by this company in branch railroads, its express business, Pullman sleeping-car arrangement, and to the suggestion that the company should run a fast through mail and passenger train.
CENTRAL PACIFIC RAILROAD.
The Central Pacific Railroad Company has, since the last report of the Auditor, complied with the law and furnished such statements as have been required. From these statements it appears that —
The number of miles subsidized is | 860.66 |
The number of miles operated | 2,323.61 |
Locomotives owned, 227; leased, 35; total | 262 |
Passenger cars owned, 261; leased, 37; total | 298 |
Baggage, mail, and express, cars owned, 56; leased, 12; total | 68 |
Freight and other cars owned, 4,641; leased, 887; total | 5,528 |
Stock subscribed | $62,608,800 00 |
Par value of shares | 00 00 |
Stock issued | $54,275,500 00 |
Subsidy bonds | $27,855,680 00 |
Funded debt | 56,394,000 00 |
Floating debt | 6,936,089 00 |
Interest due and accrued on funded debt | 1,608,438 00 |
Balance of interest due and accrued on United States bonds | 16,089,537 00 |
Total debt | $108,883,744 00 |
Total stock and debt | $163,159,244 00 |
Cost of road proper | $134,921,352 00 |
Equipment | 8, 014, 644 00 |
Real estate | 1,499,432 00 |
Total cost of road and equipment, &c. | $144,435,428 00 |
Cash, materials, and sinking funds | $6,256,374 00 |
Bonds and stocks | 162,044 00 |
Miscellaneous investments | 2,502,975 00 |
For year ending June 30, 1879:
Passenger earnings | $5,185,802 00 |
Freight earnings | 10,655,733 00 |
United States mail | 507,040 00 |
Miscellaneous earnings | 1,263,106 00 |
Total | $17,611,681 00 |
Operating expenses | 8,730,384 00 |
Ordinary net earnings | $8,881,297 00 |
Interest paid | $3,747,666 00 |
Lands unsold (acres) | 11,464,575 |
Transportation withheld in excess of the amounts authorized to be | |
retained under the acts of July 1, 1862, and July 2, 1864 | $1,454,268 44 |