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TABLE C.

LENGTH IN MILES OF ROAD AND TRACKS (SINGLE AND DOUBLE) OWNED BY THE COMPANY.

Length of Track December 31, 1881.

State, separately, lengths within and without State. Reduce to single track by adding length of double track.

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Main Line and Branches..

From

To

Steel.

Steel.

Iron and Steel.

Steel.

Iron.

Iron. Steel.

Steel.

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873.1624 3,654.9844

8.5800

The length of rail is double the length of single track, columns (b) and (c) above.

Length in Miles.

Average Weight per Mile (Tons).

Total Weight (Tons).

Length of iron rails..

Length of steel rails

Total length of old iron rail laid during the year in construction.

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Leland Stanford, President of the San Pablo and Tulare Railroad Company, and J. O'B. Gunn, Secretary of the said company, being duly sworn, depose and say, that the statements, tables, and answers contained in the foregoing forty-two pages, have been compiled and prepared by the proper officers of said company, from its books and records, under their direction and supervision; that they, the deponents, have carefully examined the same, and that as now furnished by them to the Board of Railroad Commissioners, they are in all respects just, correct, complete, and true, to the best of their knowledge, and, as they verily believe, the same contain a true and full exhibit of the condition and affairs of said company on the thirty-first day of December, 1881.

LELAND STANFORD.
JAS. O'B. GUNN.

Subscribed and sworn to before me, this fifteenth (15th) day of March, 1882.

CHAS. J. TORBERT,

Notary Public in and for the City and County of San Francisco, State of California.

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The Southern Pacific Railroad Company was incorporated December 18, 1874, and formed by consolidation of the companies whose names and dates of incorporation are shown in the previous report.

CAPITAL STOCK.

1. Capital stock authorized by charter.
3. Capital stock issued [number of shares, 364,770]; amount paid in.
4. Capital stock paid in on shares not issued [number of shares, 16,450].
5. Total amount paid in, as per books of the company

7. Amount per share still due thereon

8. Par value of shares issued.

9. Total number of stockholders. 10. Number of stockholders in California. 11. Amount of stock held in California

12. Funded debt as follows:

Bonds

$80 per

90 per share on 4,210 shares

share on 12,240 shares

Interest paid on same during year

13. Total amount of funded debt..

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DEBT.

$28,483,000 00

-$1,723,650 00

$28,483,000 00

14. Unfunded debt:

Incurred for construction, equipment, or purchase of property
All other debts, current credit balances, etc....

15. Total amount of unfunded debt____

16. Total gross debt liabilities.

17. Amount of cash, materials, and supplies on hand, sinking funds in hands of Trustees, and such securities and debt balances as represent cash assets:

Cash on hand

Material and supplies on hand.

Other securities and debt balances..

18. Total net debt liabilities...........

COST OF ROAD, EQUIPMENT, AND PROPERTY-ROAD AND BRANCHES.

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$139,394 48

1,176,972 97

$1,926,367 45

$30,409,367 45

$417,210 54 88,201 98 2,223,734 19

$2,729,146 71

$62,222,304 93

638,247 53 99,971 16 138,556 11

Included in contract for construction of road.

$63,099,079 73

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7. Machine shops, machinery, and tools.

8. Engineering, agencies, salaries, and other expenses during construction : Included in contract for construction of road.

9. Locomotives...

14. Freight and other cars (one)..

18. Total..

19. Property sold and credited to property account during the year: Buildings---

20. Net addition to property account for the year..

19,039 06

581 01

1,122 25

350 00 750 47

$54,260 50

560 00

$53,700 50

REVENUE FOR THE YEAR.

1. Derived from local passengers on roads operated by this company..

$463,124 07

2. Derived from passengers from and to other roads, over roads operated by

this company.

5. Derived from express and extra baggage.

-$777 34

11,541 65 13,599 62

6. Derived from mails...

12,400 56

7. Total earnings from passenger department...--

$500,665 90

8. Derived from local freight on roads operated by this company-.

$628,858 30

12. Total earnings from freight department---

$628,858 30

13. Derived from rents for use of road and equipment when leased (earned but not received) ---

$1,650,600 00

14. Total transportation earnings..

15. Earnings per mile of road operated (Monterey Branch, $15 04; North

Division, $160 89), 176.29 miles...

16. Earnings per train mile (total passenger and freight), 466.016 miles.
17. Income derived from rent of property, other than road and equipment,

specifying same--.

18. Income derived from all other sources (including accretions from sinking funds, investments in stock, bonds, steamboat property, transportation lines, etc):

Storage-

Miscellaneous..

Telegraph...

19. Total income derived from all sources.

$1,129,524 20

$6,407 19 2 42

11,791 31

6,101 87

7,597 40

3,000 00

$2,808,614 78

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