Page:U.S. Department of the Interior Annual Report 1878.djvu/24

XXII operating expenses, $330,473.22; net earnings, $40,190.14; interest paid, $111,654.50.

The Texas and Pacific Railway Company rendered its customary report to the department on October 5, 1878, which was referred to the Auditor. This officer called for explanations as to the report, so as to bring the information therein contained within the requirements of the act of 1871, and repeated his requests for reports under the act of June 19, 1878. These explanations, it is understood, will be furnished by the company, but it has so far declined to report under the act of June 19, 1878. From the report and other unofficial sources the following is compiled for the year ending June 30, 1878: Miles subsidized, 443.86; miles operated, 443.86; number of locomotives, 49; passenger-cars, 32; baggage, mail, and express cars, 11; freight and other cars, 986; par value of shares, $100; stock issued, $7,018,500; funded debt, $18,488,000; floating debt, $1,255,113.60; total debt, $19,743,113.60; total stock and debt, $26,761,613.60; cost of road, $26,540,239.61; passenger earnings, $594,030.84; freight earnings, $1,644,753.03; miscellaneous earnings, $77,787.88; total earnings, $2,316,571.75; operating expenses, $1,448,329.66; net earnings, $868,242.09; interest paid, $659,461.89; granted lands unsold, 18,000,000 acres.

The Southern Pacific Railroad Company has referred the law and the requirements made under it by the Auditor to its law officers and has not made any report. The following facts and figures have been compiled from unofficial sources for the year ending June 30, 1877: Miles subsidized, 711.95; miles operated, 711.95; number of locomotives, 43; passenger-cars, 69; baggage, mail, and express cars, 10; freight and other cars, 1,024; stock subscribed, $38,122,000; par value of shares, $100; stock issued, $36,763,900; funded debt, $29,300,000; floating debt, $994,861.03; total debt, $30,294,861.03; total stock and debt, $67,058,761.03; cost-of road, $66,495,837.04; passenger earnings, $598,529.49; freight earnings, $654,303.78; miscellaneous earnings, $2,300,171.29; total earnings, $3,553,004.56; operating expenses, $1,724,174.41; net earnings, $1,828,830.15; interest paid, $1,817,449.50; lands unsold, 12,061,206 acres.

The Northern Pacific Railroad Company has made full and acceptable reports. The following facts are shown: For the year ending June 30, 1878, miles subsidized estimated at 2,000; miles operated, 555; number of locomotives, 48; passenger-cars, 22; baggage, mail, and express cars, 24; freight and other cars, 1,196; stock authorized, $100,000,000; par value of shares, $100; stock issued, $68,438,543.11; floating debt, $320,125.50; total stock and debt, $68,758,668.61; cost of road, $20,872,051.58; passenger earnings, $318,745.82; freight earnings, $745,517.28; miscellaneous earnings, $80,502.61; total earnings, $1,144,765.71; operating expenses, $608,788.99; net earnings, $535,976.72; lands unsold, 45,000,000 acres.

The Saint Louis and San Francisco Railway Company of Missouri,