Page:U.S. Department of the Interior Annual Report 1875.djvu/23

Rh and scrip issued for interest, $753,000.96; floating debt, mainly notes of the company, $683,000; total, $31,643,500.96.

No report of the Atlantic and Pacific Railroad Company has been received.

On the 22d January last a section of 18.84 miles of the Cairo and Fulton Railroad, extending from Fulton to Texarkana, in Arkansas, was accepted, as well as S9.75 miles, extending from a point on the Mississippi River, opposite the mouth of the Ohio River, to the boundary-line between Missouri and Arkansas. This road is now completed.

On the 16th June last another section (twenty miles) of the Little Rock and Fort Smith Railroad was accepted, making oue hundred and twenty miles completed and accepted.

Texas and Pacific Railway stock to the amount of $50,000,000 is authorized by law, of which $1,600,000 has been issued. Its indebtedness is as follows: Capital stock issued, $1,600,000; 6 per cent. gold construction-bonds issued, $10,093,000; 7 per cent. currency land-grant bonds issued, $9,252,000. Debt of the Southern Pacific Railroad Company to the State of Texas, assumed by the Texas and Pacific Railway Company, $200,885.90; floating debt, $333,200.36; entire indebtedness, $21,479,086.26. The receipts of the company for the year ending 30th June, 1875, were from passengers, $323,681.51; freight, $741,791.87; express service, $11,407.92; mail, $29,749.23; telegraph, $7,073.70; rentals, $71,134.04; miscellaneous, $2,243.10; total, $1,360,962.71. The expenses for the same period were, for conducting transportation, $239,719.96; motive-power, $204,975.23; maintenance of way, $224,571.53; maintenance of cars, $79,253.04; general expense, $44,369.61; total, $792,889.37; leaving net earnings, $568,073.34. There are three hundred and twenty-six miles of this road in operation, six miles thereof having been completed since last report; one hundred miles are graded, bridged and tied, ready for the iron. On the 9th August last, you accepted those portions of this road extending from Marshall to the boundary line dividing Texas and Louisiana, from Marshall to Texarkana, Ark., and from Sherman to Brookston, Tex.; the act of 22d June, 1874, (18 Stat., 197,) having declared said portions to "be deemed and taken to be a part of the said Texas and Pacific Railway, and shall hereafter be subject to all the provisious and limitations of the act of Congress incorporating said company, and of the supplements thereto." The company's assets are as follows: Three hundred and twenty-six miles of constructed and equipped road; one hundred miles of partly constructed and equipped road; three hundred and fifty miles of telegraph line, $21,319,228.24: bills and accounts receivable, $64,284.72; cash on hand, $12,411.66; material on hand, $83,161.64; total, $21,479,086.26. Denver Pacific Railroad stock to the amount of $4,000,000 has been authorized bylaw, subscribed and paid in. Moneys received for transportation of passengers for the year ending 30th June, 1875, $193,481.26; for freight, $134,329.90; miscellaneous earnings, $5,084.50; total, 43 Ab