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<noinclude><pagequality level="3" user="Library Guy" /><div class="pagetext">{{rh||{{smaller|REPORT OF THE SECRETARY OF THE INTERIOR.}}|{{smaller|XXIII}}}}
</noinclude>purchaser of the Missouri portion of the Atlantic and Pacific Railroad,
and successor of that company, has complied with the law and rendered
reports. The following is compiled therefrom for the year ending
December 31, 1877: Miles subsidized, 202.50; miles operated, 363.50;
number of locomotives, 28; passenger-cars, 10; baggage, mail, and
express cars, 8; freight and other cars, 738; par value of shares, $100;
stock issued, $21,289,608; funded debt, $5,278,982.26; floating debt,
$19,612; total debt, $5,328,594.26; total stock and debt, $26,618,202.26;
cost of road, $26,734,718.15; passenger earnings, $230,242.57; freight
earnings, $1,023,909.89; miscellaneous earnings, $69,791.30; total
earnings, $1,323,943.76; operating expenses, $584,816.91; net earnings,
$739,126.85; interest paid, $734,740.91, annual interest payment being
$549,340 in gold; lands unsold, 915,654 acres.
The Burlington and Missouri River Railroad Company in Nebraska
at first complied with the requirements of the law, but, acting under
legal advice, the president of this company referred further requests to
the directors for a final decision.
The Oregon and California Railroad Company has complied with the
law and rendered reports accordingly. The following facts are shown
for the year ending June 30, 1878: Miles subsidized, estimated at 300;
miles operated, 200; number of locomotives, 14; passenger cars, 11;
baggage, mail, and express cars, 3; freight and other cars, 227; par
value of shares, $100; stock issued, $20,000,000; funded debt, $10,950,000;
floating debt, $800,000; total debt, $11,750,000; total stock and debt,
$31,750,000; cost of road, $5,422,958.32; passenger earnings, $227,524.15;
freight earnings, $402,286.07; miscellaneous earnings, $37,381.18; total
earnings, $667,191.40; operating expenses, $396,000; net earnings,
$271,191.40; interest paid, $158,775; lands unsold, 3,000,000 acres.
The Oregon Central Railroad Company has rendered reports to the
Auditor. For the year ending June 30, 1878, the following is reported:
Miles subsidized, 47.50; miles operated, 47.50; locomotives, 4; passenger
cars, 2; baggage, mail, and express cars, 2; freight and other cars,
62; stock subscribed, $5,000,000; par value of shares, $100; stock
issued, $4,980,050; funded debt, first-mortgage bonds, $4,695,000, issued
and delivered to trustees as security for $1,000,000 borrowed money;
floating debt, $1,182,507.58, including $1,000,000 secured by first-mortgage
bonds; total debt, $5,877,507.58; total stock and debt, $10,857,557.58;
cost of road, $1,201,927.97; passenger earnings, $25,337.05;
freight earnings, $44,532.27; miscellaneous earnings, $2,397.07; total
earnings, $72,266.39; operating expenses estimated at $72,266.39; interest
paid, $98,000; lands unsold, 1,200,000 acres.
Of the railroad companies which have received grants of land from
the United States through State or Territorial governments, the following
have not rendered reports by reason of interruption of business
during the past four months in consequence of the prevalence of yellow
fever in the Southwestern States, viz: The Memphis and Little Rock<noinclude>
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