Baker City with the Oregon system of railroads, and thus acquire an outlet to the Pacific coast, independent of the Central Pacific. It is represented that the work will be completed at an early date.
The Central Pacific Railroad Company has, by lease of the Southern Pacific of Arizona and New Mexico, which is now completed to Deming, N. Mex., and there connects with the Atchison, Topeka and Santa Fé Railroad, secured a through route from the Pacific coast, independent of the Union Pacific.
The Atlantic and Pacific Railroad is being rapidly constructed from the east and the west.
THE UNION PACIFIC RAILWAY COMPANY.
The property and business of this company is reported on in full, and has been found in good condition, with business increasing.
The company has furnished reports, from which the following statements are derived:
The following statement shows the earnings for the fiscal year ending June 30, 1881, as per reports submitted by the company: