a—«-

ANNUAL REPORT

BOARD OF DIRECTORS

OK THE

TO THE

STOCKHOLDERS,

For the Year ending December 31st,

1883.

H. S. CROCKER & CO., STEAM BOOK AND JOB PRINTERS,

sis, 217, & 2 I9 BUSH STREET, ABOVE SANSOME STREET.

1884.

ANNUAL REPORT

BOARD OF DIRECTORSi

mini ;prifk \JV*

STOCKHOLDERS,

For the Year ending December 31st,

1S83.

panH. S. CROCKER & CO., STEAM BOOK AND JOB PRINTERS,

215, 217, & 219 BUSH STREET, ABOVE SANSOME STREET.

1 8 8 4 .

Central Pacific Railroad Photographic History Museum© 2005 CPRR.orgUse by permission only under the CPRR.org User Agreement.

[ 3 ]

ANNUAL REPORT

OF THE

CEMTEAL PACIFIC RAILROAD COMPANY,

For the Year Ending December 31st, r88j.

OFFICE OF THE CENTRAL PACIFIC RAILROAD CO.,

SAN FRANCISCO, CAL., June 1st, 1884.To the. Stockholders:—

The Directors of the Central Pacific Railroad Company herewithsubmit their annual report, together with such reports of subordinateofficers as will give a general resume of the operations of the roadfor the year 1883, and of the financial condition of the Companyon December 31st of the same year. Your careful attention tothese reports is invited.

The business of the Company for the year fell short of the usualfavorable showing. The anticipation of a general drouth in theearlier months of the year cut down the revenues, which were notwholly made good by the earnings of the later months. Never-theless, the net earnings were sufficient to meet the ordinaryexpenses of operation, interest and Sinking Fund requirements, andto pay the Customary six per cent dividend with only a slight drafton the accumulated surplus from previous years. Besides the re-demption of the "Land Grant Bonds" with the proceeds from landsales, the increasing amount in the Sinking Funds provided for theredemption of the remainder of the Company's bonded debt at itsmaturity has reached such dimensions as to call for yearly paymentsamounting to a considerable portion of the net income. During theyear 1882 the amounts applied toward the reduction of the debt(including the payments into the Sinking Fund in the U. S. Treasury)were no less than the sum of $2,538,680.24; and for 1883, the sumof $2,334,006.88.

On the first day of July next the " State Aid Bonds," amountingto $1,500,000, become due and will be paid. On that date theamount accumulated in Sinking Fund No. 2, provided for the pay-ment of these bonds, will be $1,197,937.49. This will relieve theannual requirement hereafter of $50,000, the amount which has eachyear been set aside from the earnings of the Company for this fund.

THE LIABILITIES OF THE COMPANY ARE:

CAPITAL STOCK.

The capital stock authorized is . . $100,000,000 00The capital stock subscribed is. . 62,608,800 00Of the amount subscribed there is

held in trust for the Company 3J333)3°° 00

The capital stock paid in is $59,275,500 00

INDEBTEDNESS.

Funded Debt $53,625,000 00Less Sinking Funds 6,933,044 17— $46,691,955 83

Bills Payable 1,220,600 00Accounts Payable 2,289,157 23D e m a n d L o a n s (About $1,500,000 00 of this sum to be converted 4 , 2 0 0 , 0 0 0 00

into a corresponding amount of" first mortgage bonds, Oregon Div.)

Unclaimed Dividends 84,243 00Sinking Funds uninvested 9S5>!44 T7Hospital Fund 42,816 81Interest on Funded Debt accrued but not due . . . . 1,344,045 00Trustees' Land Grant Mortgage 926,090 08United States Bonds 27,855,680 00

$85,609,732 12Interest accrued on United States

Bonds $25,956,474 61Less amount repaid by transpor-

tation and cash 8,532,462 65—*$i7,424,011 96

Total Capital Stock and Indebtedness. .$162,309,244 08

* This balance of interest accrued upon the United States Bonds issued to the Central andWestern Pacific Railroad Companies is not due and payable until the maturity of the principalof the bonds (averaging July ist, 1898). The sum of $7,482,191.75, invested at six per centinterest, would suffice to liquidate this balance at maturity ; and this latter sum, rather than thenominal balance, represents the true burden of this item of interest, advanced by the UnitedStates and not reimbursed by services, etc.

T H E ASSETS OF THE COMPANY ARE : —

Railroad and telegraph lines, including right ofway, sidings, turnouts, switches, turn-tables,depots, depot buildings, round-houses, andsnow-galleries; also, wharves, slips, piers andsteamers forferries at San Francisco . . . . (cost) $140,606,574 61

Equipment for same — locomotives, cars, snow-plows, etc '. (cost) 8,264,750 19

Real estate purchased for use of road (cost) 1,518,073 21Shops and machinery (cost) 2,016,420 30Telegraph instruments, furniture, safes, etc., at

stations and offices (cost) 155,772 04Sacramento River Steamers, etc (cost) 651,676 46Material on hand : —

For bridges and buildings $535*870 44For track repairs 1,303,066 34In shops for const'n and repairs. 1,370,668 14In store of supply department. 9,768 12For Air-brakes 155,689 44Fuel on hand 1,363,570 61 $4,738,633 09

Bills and Accounts Receivable 1,568,373 07Cash 212,682 10

Stocks and Bonds owned 254,757 73Amount in hands of Trustees' Land Grant mort-

gage, to be used to redeem land bonds 926,090 08Land Contracts—deferred payments on time sales 1,052,970 45Farming lands unsold — estimated value 25,500,000 00Undivided half 60 acres land in Mission Bay, in

San Francisco ; 500 acres water front inOakland; about 140 acres and water frontin Sacramento; estimated value 7,750,000 00

Total assets $195,216,773 33

ADDITION TO PROPERTY ACCOUNTS.

The new construction and equipment of the Company's com-pleted roads and the work on the extension of the Oregon Divi-sion have required during the year expenditures amounting to$2,169,808.38. The items composing this sum are shown in thefollowing table :—

Extension of Oregon Division $1,515,542 36Surveys of New Lines 20,387 42New Foundry at Sacramento 93,S32 34Rolling Mill, etc., at Sacramento 38,568 31Stationary Machinery for Shops 23,612 74New Buildings on Line 132,095 54New Engines and Cars 43,°97 05New Sidings, Spur Tracks, etc 79,961 71Real Estate for use 24,144 65Ferry-boat "Piedmont " 97,784 83Water Supply, Filling Swamp Land, and Sundries... 101,081 43

Total '. $2,169,808 38

These amounts do not show the entire cost of the propertiesmentioned, but the expenditures made during the year.

These expenditures have compelled an increase of the floatingdebt in 1883 as compared with the previous year, which appears inthe table of Liabilities of the Company, under the heads of Bills andAccounts Payable and Demand Loans. The amounts representedby the extension of the Oregon Division it is proposed to convertinto a corresponding amount of the issue of First Mortgage Bonds.

In addition to the foregoing items, a further increase of indebted-ness was caused by an increase in the supplies, materials and fuel onhand, viz :—

Supplies, Materials and Fuel on hand:

December 31, 1883 $4,738,633 09.December 31, 1882 4,091,982 98

Increase in 1883 $646,650 11

SINKING FUNDS OF THE COMPANY.

The amount in the Sinking Funds of the Company was, onDecember 31, 1882 $5,844,419 17

During the year 1883 these Funds were increased asfollows :

Amount set aside from net earnings 753>5°° 00

Interest earned by the Funds .' 335,125 00

Total in Funds as per ledger accts., Dec. 31, 1883, $6,933,044 17

The following statement shows the investment of these Funds:—

1 Bond, Western Pac. R. R. Co., 1st mortgage $ 1,000 00

2 Bonds, San Joaquin Valley R. R. Co., 1stmortgage 2,000 00

21 Bonds, Central Pac. R. R. Co., 1st mortgage 21,000 00

4,271 Bonds, Southern Pacific R. R. Co. of Cali-fornia, 1st mortgage 4,271,000 00

203 Bonds, Southern Pac. R. R. Co. of Arizona",1st mortgage ($10,000 each) 2,030,000 00

80 Bonds, Central Pacific R. R. Co., C. & O.

Division, 1st mortgage 80,000 00

Par value of bonds in Funds $6,405,000 00

Cash on hand, December 31, 1883 955,144 17

Total $7,360,144 17

The above bonds, the par value of which is $6,405,000.00, werepurchased at a cost of $5,977,900.00, while their present marketvalue is above par. The securities and cash in the Funds thusrepresent a value considerably in excess of the ledger accounts,which represent the cost.

UNITED STATES TRANSPORTATION AND SINKING FUND ACCOUNTS.

The amounts as found due by the United States Commissioner ofRailroads, under the various Acts of Congress, have been promptlypaid into the United States Treasury.

The condition of the accounts with the Government on December31, 1883, is shown as follows : —

Balance of Company's accounts against the UnitedStates, as shown in last annual report, December31. l 8 8 2 $7,915>94i 71

Charges on transportation of troops, supplies, mails,etc., performed during the year 1883 922,840 51

Total $8,838,782 22

Less cash paid the Company during the year fortransportation performed in 1882-3 o n lines notaided by a loan of U. S. Bonds $306,319 57

Balance of Accounts as shown in General LedgerBalance Sheet, on December 31, 1883 $8,532,462 65

This amount does not include the Company's claim against theGovernment now pending in the Court of Claims for upwards of$2,000,000.00 for mail compensation, beyond that already allowedby the Post Office Department.

The total amount required as a payment to the United Statesunder the Sinking Fund Act of May 7, 1878, from that portion ofthe road which was aided in its construction by a loan of UnitedStates Bonds, was, for the year 1883, $671,381.88. This amountis subject to the review of the United States Commissioner of Rail-roads upon his annual examination of the books and affairs of theCompany. The Government has already received from the Com-pany more than this sum by payments withheld on transportationservices performed for it.

[ 9 ]

The application under the law, of the amount of requirement forthe year, is as follows :

To the credit of the U. S. Bonds and interest $335,897 01To the credit of the Sinking Fund of the Company

in the U. S. Treasury $335,484 87

Total $671,381 88

The Directors have protested against the further investment ofmoneys applicable to the Sinking Fund1 in Government bonds,which, at rates current for some tkne past, have yielded barely 2^/2per centum per annum upon their cost if held to maturity. In theevent of a commercial revulsion, a season of pestilence or famine, orthe outbreak of war, it is conceivable that the large sums paid aspremium upon the outstanding issues of Government bonds mightbe wholly lost; or by the time the first mortgage matures (which hasthe first claim upon the Fund) they might be so diminished as toentail heavy losses upon the Company. It appears from Reports ofthe U. S. Commissioner of Railroads that on June 30, 1883, thesum of $1,559,363.73 had then been invested for the Central PacificCompany, at a cost in premium of $179,563.73, so that the interestaccrued and accumulated on these bonds would not suffice to paythe premium paid for them. It further appears that there was onJune 30, 1883, in the U. S. Sinking Fund, uninvested, the sumof $844,652.13, and this sum has since been increased to about$1,600,000 on March 31st last. There is, independently of theabove, retained in the U. S. Treasury a large sum earned by thetransportation of mails, troops and supplies over roads not aided bysubsidy bonds, and some of which have not been aided even bylands. It is conceded that these earnings (as well as the wholeSinking Fund) belong to the Company, but, by an arbitrary rulingof the second Comptroller of the Treasury, they are retained underthe pretended authority of an Act of 1873 authorizing the whole ofthe compensation for transportation done over subsidized roads tobe withheld, pending litigation. All attempts to collect them havefailed; the Company is not allowed interest for their use, nor is itpracticable to hold the Government responsible for the injury doneby their forcible withholding.

The Directors have not failed to urge upon the representatives forthe time being of the United States Government the importance of

a restatement and readjustment of the accounts growing out of theadvances of subsidy bonds to aid in the. construction of the mainline of your road. Congress at last appears to realize the wastefuland unsatisfactory operation of the Thurman Sinking Fund Act,and, through its proper Committees, is devising a more equitableplan for securing the repayment of both principal and interest of theindebtedness within a reasonable period of time, without undulyoppressing the patrons of the road or depriving the owners andmanagers of a fair return for their services and capital. Bills re-ported in each House provide for the ascertainment of the presentworth of this indebtedness on a given date, and the delivery of theobligations of the Company for the same in 120 semi-annual install-ments, one such installment, with the interest thereon at three percent per annum, to mature each six months. This will be theequivalent to an extension of forty-five years' time for its finalliquidation, the Company being meanwhile privileged to anticipatepayment, and, if necessary, to issue new bonds sufficient in amountto take up the 1st Mortgage Bonds and any remainder of the indebt-edness to the Government. Although the current payments intothe U. S. Treasury may be somewhat increased by the acceptanceof such an act, it would, nevertheless, hold out every inducementto the stockholders to sacrifice a portion of their present expectationof dividends for the sake of simplifying and improving the status ofthis Government claim.

[ 11 ]

INCOME.

The following Statement shnos the income and expenditures from the same for theyear ending December 31, 1883, compared with the year 1882.

RECEIPTS.

Gross Earnings from RoadsNet Earnings River SteamersDividends on InvestmentsInterest Earned on Sinking FundsLand Bonds Redeemed with Proceeds

of Land Sales

Totals

EXPENDITURES.

Operating Expenses and RentalGeneral and Legal Expenses, etcTaxes FaidInterest

Amounts Applied to Reduction of Debt:Land Bonds RedeemedPaid into Sinking Funds of Company.Paid United States Account of Interest

and Sinking Fund

Totals

Balance Available for DividendsDividends, six per cent

Surplus for 1882Deficit for 1883

1882.(3,041 miles.)

$25,662,757 1220,485 29

281,260 00

711,000 00

$26,675,502 41

1882.

$16,067,183 67586,577 56448,005 69

3.443.413 3 2

$20,545,180 24

$711,000 001,034,760 00

792,920 24

$2,538,680 24

$23,083,860 48

$3,591,641 933.556,53o 00

$ 3 5 . i " 93

1883.(2,998 miles.)

$24,744,421 201,236 556,000 00

335.125 00

574,000 00

$25,660,782 75

1883.

$15,570,600 61636,943 87442,727 55

3.546.591 39

$20,196,863 42

$574,000 001,088,625 00

671,381 88

$2,334,006 88

$22,530,870 30

$3,129,912 453.556,530 00

$426,617 55

From the above, it will be seen that the surplus carried over fromformer years was drawn upon to pay the usual dividend of six percent in 1883.

The item "Land bonds redeemed with proceeds of land sales"does not include all the receipts of the Land Department ; it in-cludes only the amount of bonds redeemed by the Trustees of theLand Grant Mortgage ; the balance is held by the Trustees for thefurther redemption of bonds. See "Land Sales and Land BondsRedeemed," below.

[ 12 ]

The average mileage operated by the Company during the yearwas 2,998 miles (against 3,041 for the previous year), of which1,783 consisted mainly of tributary and feeder lines, operated underlease from several companies, which, independently of their contri-butions to the system owned, would have, with trifling exceptions,been worked with a profit over and above the expenses and rental,the net profit for the year on such lines being $2,050,685.51.

The leasehold relations with the Southern Pacific Railroad Com-pany, as to its lines south of Goshen, have proved satisfactory toboth parties, and are to be continued for a further term of years onsubstantially the same, basis. The other leases soon to expire willalso be extended for a further term of years. In regard to therecently-completed Colorado Division, which by the terms of atemporary agreement was to have been leased during the year 1883,but which, owing to delays for which this Company was in no wayresponsible, in the completion of Eastern connecting lines, was notcompleted so as to form a through line until near the close of theyear—this Company has asked to be relieved from the burden ofthe lease during that period, since it derived little or no benefitfrom it. Although not formally settled at the date of this writing,it is believed the claim will be compromised by relieving the Com-pany from the rental charge for the year 1883.

LAND SALES AND LAND BONDS REDEEMED.

The receipts of the Land Department during the year on accountof trust lands, from cash payments on land sales, contracts, leases,etc., amounted to $945,115.46. This amount has been placed incharge of the Trustees of the Land Grant Mortgage, who haveredeemed during the year with the funds in their possession, 574Bonds of the par value of $1,000 each, thus reducing the fundeddebt of the Company $574,000.00.

The Trustees report on January 1, 1884, available funds for thefurther redemption of Bonds, to the amount of $926,090.08. Andthere was at the same date outstanding on account of time sales,bills receivable to the amount of $1,032,388.17, with accrued in-terest on same, amounting to $20,582.28; total, $1,052,970.45.

[ 13 ]

OREGON DIVISION EXTENSION.

Up Fo the issue of this Report, track has been laid upon aboutforty miles of the extension of the Oregon Division northward fromthe late terminus, at Redding, and much work done in advance of

* the track.The Oregon Company, with whose line this Division is to connect

near the State boundary, came to a halt in its progress at a pointabout 32 miles from the designated point of junction, leaving con-siderable heavy work uncompleted. With the unpromising financialoutlook, and for the above and other reasons no longer operative, itwas deemed best to greatly reduce our working forces, until it be-comes apparent that the connecting company is prepared to com-plete its line. Our portion of the unfinished gap is close upon100 miles.

SLEEPING-CAR SERVICE.

It has been thought to be to the interest of this Company, and forthe accommodation and convenience of its patrons, to transfer itsSleeping-cars to Pullman's Palace Car Company. Accordinglyan agreement has been entered into from July T, 1883, by the termsof which this Company sells, under certain conditions of redemption,one-fourth interest in its Sleeping-cars, and leases the remainingthree-fourths interest, to the Pullman Company.

The one-fourth interest is to be paid for as the cars are repairedand altered to conform to the Pullman standard ; and the RailroadCompany is to receive as rental for the three-fourths interest leased,three-fourths of the net earnings of the cars. The operations underthis agreement have so far been gratifying to this Company, and webelieve satisfactory to the traveling public.

PROSPECTS FOR 1884.

Since the close of the fiscal year, a succession of unprecedentedfloods, interrupting the overland communication by the Southernroutes, has cut down the receipts and added largely to the repairsand operating expenses, so that the first half of the year 1884, takenby itself, cannot but be unsatisfactory to the stockholders, though itis hoped that the movement of the splendid harvests in the latterhalf of the year will nearly or quite make up the deficiency.

CHARLES CROCKER,Second Vice-President,

Acting as President.

REPORT OF THE SECRETARY.

Report of the Secretary.

CENTRAL PACIFIC RAILROAD CO., SECRETARY'S OFFICE,

SAN FRANCISCO, June i, 1884.

Hon. Leland Stanford, President,—

SIR :—Herewith are Statements Nos. 1 to 9, showing thefinancial condition of the Company on the 31st day of December,1883, and its business for the year ending the same date.

Respectfully submitted,

E. H. MILLER, JR.,

Secretary.

[ No. 1. ]

General Ledger Balance Sheet, December Jist, i

To Construction" Construction Cal. & Oregon Extension" New Ferry Boat" Equipment'' Shops" Machinery in Shops" Heal Estate" Steamer Division Property" Furniture, Telegraph Instruments, Safes, etc" Sinking; Fund No. 2, for Redemption of California State Aid Bonds" Sinking" Fund No. Z, for Redemption of First Mortgage Bonds of

the Company, Series A, B, C and D" Sinking Fund-No. 4, for Redemption of First Mortgage Bonds of

the Company, Series E, F, G, H and I" Sinking Fund No. 5, for Redemption of First Mortgage Bonds of

the Western Pacific, Series A and B" Sinking Fund No. 0, for Redemption of First Mortgage Bonds of

the California and Oregon, Series A and B" Sinking Fund No. 7, for Redemption of Income Bonds" Sinking Fund No. 8, for Redemption of First Mortgage Bonds of

the San Francisco, Oakland and Alameda R. R" Sinking Fund No. 9, for Redemption of First Mortgage Bonds ol

the San Joaquin Valley R. R" United States, Transportation and Sinking Fund Accounts.,

Material in Shops" in Store" for Track" for Bridges and Buildings" for Air Brakes

FuelStocks and Bonds ABills ReceivableAccounts Receivable

; Cash

¥1,370,668 149,768 It

1,303,066 34586,870 44155,689 44

$188,892,983 412,105,839 77

107,752 438,264,750 103,228,438 81

787,981 991,518,073 21

651,870 40155,772 04

1,160,296 90

1,150,296 90

887,925 09

246,327 08

1,025,341 431,820,493 41

430,908 90

215,454 468,532,462 68

3,375,062 481,303,570 01254,757 73840,665 46727,707 61212,882 1(1

§175,453,219 62

By Capital Stock" Funded Debt" Government Bonds" Unclaimed Dividends" Bills Payable and Demand Loans" Accounts Payable" Trustees' Land Grant Mortgage $926,090 08" Sinking Funds Uninvested 955,144 1741 Hospital Fund $105,692 5S" LessCost of Property 62,875 77 42,S16 81" Profit and Loss

$59,275,500 0053,625,000 0027,855,680 00

84,243 005,420,600 002,289,167 23

1,924,051 0624,978,988 S3

X

$175,453,219 62

* NOTE.— The interest accrued upon these bonds issued to the Central and Western Pacific Railroad Companies amounted at that date to $25,956,474 61; of which$8,532,462 65had been repaid by transportation, cash, and U. S. Sinking Fund. The balance, $17,424,011 96, is not due and payable by the Company until the maturity of the principal of thebonds (average July 1, 1898); the sum of $7,482,191 75 invested at 6 per cent interest would sutfice to liquidate this balance at maturity; and this latter sum, rather than t lienominal balance, represents the true burden of this item of interest advanced by the United States, and not reimbursed by services, &c.

E. H. MILLER, JR. , Secretary.

f No. 2. I

Fuitded Debt in Detail, December Jist, 1883.

BONDS.Date of

Bonds.

Amount ofBonds

Authorized.

Amount of IBonds '• When Due.

Outstanding;.Rate of

Interest.Interest Payable.

California State Aid

Central Pacific - First Mortgage

Western Pacific -Old IssueFirst Mortgage.

Cal. and Oregon

Central Pacific, Cal. and Oregon Division.

San Francisco, Oakland and Alameda... .

San Joaquin Valley R. R

Land Grant

Income Bonds

July 1, 1884

July 1, 1865July 1, 1866

Jan, 1, 1!Jan. 1, 1868

Dec. 1, 1865July 1, 1869

Jan. 1, 1868

Jan. 1, 1S72

July 1, 1870

Oct. 1, 1870

May 1, 1878

1,500,000

3,000,0001,000,0001,000,0001,390,0004,000,0004,000,0004,000,0004,000,0003,525,000

1,970,000765,000

6,000,000

7,200,000

1,500,000

6,080,000

10,000,000

6,000,000

$66,930,000

1,500,000

2,995,0001,000,0001,000,0001,383,0003,997,0003,999,0003,999,0003,999,0003,511,000

111,0001,859,000

765,000

6,000,000

2,080,000

687,000

6,080,000

5,375,000

3,285,000

July 1, 1884

iJuly 1, 1895July 1, 1896

Jan. 1, 1897Jan. 1, 1898

Dec. 1, 1895July 1, 1899

Jan. 1, 1888

Jan. 1, 1892

July 1, 1890

Oct. 1, 1900

Oct. 1, 1890

I May 1, 1S88

i per c

6 "

$53,625,000

January and July.

June & December.January and July.

April and October.

May and November

Interest payable by State of California- —Sinking Fund commencing 1870.J $50,000 yearly.

[A, B, C, D. Sinking Fund commenc-( ing 1870. $50,000 yearly.

! E, F, G, H, I. Sinking Fund com-mencing 1872. $50,000 yearly.

See Note.} Sinking Fund commencing 1876.) $25,000 yearly.

( Sinking Fund commencing 1876.i 4100,000 yearly.

) Sinking Fund commencing 1880.I J100,000 yearly.) Sinking Fund commencing 1880.f ¥50,000 yearly.

10 per cent yearly commencing in 1879.

NOTE.—One hundred and eleven Western Pacific Bonds, Series "A," are reserved by the Company mnsold, to take up, or exchange for, the 111 Bonds of issue ofDecember 1st, 1865, still outstanding.

E. H. MILLER, J R . . Secretary.

I No. 8. ]

Statement of Profit and Loss for Year 1883.

To Interest

" General and Miscellaneous Expenses

'' Legal Expenses

" Civil Engineering

" Taxes

" Land Department Expenses 154,965 20

" Receipts Non-Trust Lands 22,498 34

" Operating Expenses

" Dividends Nos. 15 and 16

Balance

$3,546,591 39

377,561 26

213,181 Cl

13,734 63

442,727 55

32,466 92

15,570,600 61

3,566,530 00

24,978,988 33

$48,732,381 75

By Balance to Credit, Jan. 1, 1883

" 574 Land Grant Bonds Redeemed with Proceeds of Land Salt

" Interest on Company's Sinking Funds

" Dividends on Investments

" Net Earnings of Steamer Division

" Earnings of Roads for 1883

January 1, 1884. By Balance.

$23,071,599 00

574,000 00

335,125 00

6,000 00

1,236 55

24,744,421 20

$48,732,381 75

$24,978,988 XX

NOTE.—The Surplus for the year after the payment of Dividends, as shown above, is

The following additional payments have been made from such surplus : —

Company's Sinking Funds $1,088,625 00

Land Bonds Redeemed 574,000 00

Amount due the United States on business for the year (estimated) 671,381 88

Balance for the year, deficit

$1,907,389 33

2,884,006 88

$426,617 55

E. H. MILLER, J R . , Secretary.

[ No. 4. ]

Detailed Statement of Earnings (Monthly) for the Year ending December j/st, 1883.

K I N D .

Freight

Freight

Passenger

Passenger .. .

Express

Express

Mail

Miscellaneous

Sleeping Car.

Sleeping Car,

Telegraph . . .

Rental

Baggage

. . .Through.

. . . Local. . . .

. . . Through.

. . . Local . . . .

. . Through.

. . .Local... .

.Through.

. Local . . . .

.Through.

. Local . . . .

Mileage . . .

Through Earnings.

Local Earnings.

1883Total Earnings.. .

Total Earnings 1882

Jan.

330,905 06

679,893 30

212,674 39

383,190 96

6,616 63

16,018 85

47,547 83

3r,592 80

7,339 00

9,559 00

8,083 33

5,679 49

4,696 97

3,013 13

865 82

562,231 65

1185,449 51

1747,68116

Ful..

228,468 93

611,684 95

161,508 32

325,103 27

7,918 33.

14,496 13

47,547 83

25,173 14

6,691 00

8,642 00

8.083 33

5,330 49

2,623 59

2,902 91

9,783 17

407,205 17

1068,747 22

1839,468 99 1720,674 82

March,

437,907 04

832,416 76

196,263 64

393,955 00

10,727 56

18,056 40

47,547 83

33,498 09

8,296 00

10,734 00

8,083 S3

4,167 49

5,420 83

3,067 18

13,792 29

658,614 97

1365,91837

1405,952 3!) 2024,533 34 2050,31280

April.

454,545 26

735,147 24

264,045 37

428,636 89

9,265 89

17,396 95

47,547 83

29,376 67

11,967 00

20,897 97

8,083 33

5,067 66

1,797 01

8,052 31

8,485 42

May.

445,431 30

768,479 15

318,974 93

438,645 41

8,193 01

22,510 60

47,547 83

21,974 73

741,620 53

1308,69227

1969,73702 2064,687 21

June.

459,692 81

797,126 54

273,078 35

434,961 88

8,680 69

27,145 30

49,124 97

19,596 40

July.

488,059 05

728,601 57

244,413 70

453,853 20

6,583 66

21,737 83

48,087 82

20,943 80

15,954 00 j 14,857 00

12,688 00

8,083 35

5,159 66

6,934 09

3,668 20

8,929 46

14,822 94

8,083 33

5,310 66

7,161 21

4,341 13

795,704 45

1331,715 78

2342,29811 2229,104 77

503,485 30

868,282 33

260,106 84

496,529 04

10,057 30

22,817 83

48,082 63

19,195 31

8,083 33

5,046 16

5,865 48

3,935 84

744,921 89'62,742 94

1366,482 76 1291,294 55

2127,420 2;! 2129,225 70 2036,21644 2207,54348 2426,34783

2076,647 72

Aug. Sept.

533,512 99

983,090 70

310,601 70

441,571 53

10,41070

21,769 21

48,087 82

32,312 16

16,258 67

8,083 33

5,225 16

5,978 20

3,441 54

779,627 64

1487,91584

583,650 14

223,271 71

466,779 21

9,061 95

19,374 99

22,235 51

8,083 34

4,882 99

5,950 07

3.839 11

860,475 46

1665,87237

Oct.

1039,917 63 933,946 23

61,230 74

20,989 32

8,083 33

4,225 49

6,319 72

5,t)97 94

822,303 62

1073,787 34

Nov.

387,565 62

228,114 84

391,067 53

8,709 39

16,479 23

48,088 11

49,644 34

Dec.

321,609 64

779,545 80

204,005 67

394,477 79

8,333 79

16,940 41

48,088 11

53,468 79

19,228 00 : 18,279 75

8,083 33 8,083 34

4,757 49 4,288 99

5,636 88 : 2,591 65

3,117 72 ; 2,590 67

630,026 73

6,153 86

636,540 75

1474,61198:1331,917 51

241)6,0(1080 2104,03871 1868,458 26

2350,556 53 2495,444 95 2424,529 20 2139,25895 2020,34885

TOTAL.

5,174,833 74

9,758,136 20

2,897,054 36

5,048,771 71

104,557 90

235,343 78

575,387 30

397,906 97

64,604 00

175,340 16

97,000 00

59,141 73

60,965 70

47,367 68

48,010 02

8,302,015 70

16,442,405 50

24,744,421 20

2!UiO2,767 12

E. H. MILLER, JR. , Secretary.

[ No. 5.

Detailed Statement of Operating Expenses (Monthly) for the year ending December jrst, I88J.

K I N D .

Expense of SuperintendentsStation ServiceTelegraphTrainSleeping-CarFerrvWharfLocomotiveSnowRepairs of Track

" Snow-sheds" Bridges" Buildings" Engines" Cars

Office ExpenseStationery and Printing;AdvertisingLoss and Damage to FreightDamage—Persons and Property..Miscellaneous ExpenseWaterInsurance and Loss by FireMileageLeased Lines

7,430 0268,687 2613,197 1980,912 01

2,309 4752,488 981,991 71

274,905 253,370 89

159,927 79

Totals, Operating Exp 1883

January. February.] March. { April, j May. June. July. August. Sept. Oct.

42,388 6610,022 1653 593 0569,429 4031,351 837,995 291,222 35

654 1825,053 4013,473 1714,035 23

2,709 00

375,894 14

1313,04243

7,287 5400,310 3012,491 4974,807 296,205 95

51,710 752,542 97

236,374 553,994 63

140,525 5339 25

26,700 027,438 97

49,499 5662,035 2131,281 696,936 58

821 374,399 74

48,926 747,413 67

15,549 882,151 26

15,604 0264,689 1512,904 2877,710 433,405 3751,927 581,675 99

280,444 472,859 44

162,850 02

343,955 50

1203,37044

23,580 337,612 6751,225 9768,763 4930,053 908,155 484.6S7 145,845 0828,682 9210,523 1110,492 892,583 17

350,434 75

9,437 2665,762 0412,740 4769,010 993,966 5252,308 682,688 62

277,346 043,433 54

156,2.36 8783 99

18,036 895,318 0241,333 9044 269 42

9,468 9362,824 4411,602 0172,387 015,709 2452,755 083,336 41

266,909 652,853 60

173,769 65189 66

13,553 448,139 8945,931 8543,505 45

9,629 9380,390 4412,980 7471,653 734.818 19

52,9S1 391,760 76

264,490 753,184 30

29,8!>:S 7(1 2!),!>30 583,011 432,273 892,426 299,258 8710,447 1410,755 732,577 13

354,245 23

9,294 153,920 196,640 3918,753 279,304 8914,688 923,080 S9

50,048 88354,245 23

1186,863 56

1,390 8723,260 496,382 99

42,195 0243,336 3731,119 54

7,674 8714,311 392,352 41

15,369 458,3.1.9 69

13,343 1120,952 78

364,245 23

1272,843 70|l270,26843|l383,04814

Totals, Operating Exp . . . .1882|l290,58058]ll73,48534Jl285,7216l|l285,374 90|l374,16-268|l348,45272|l348,06949|l420,14988|l517,ll233|l426,333 26| 1253,94892] 1343,791 96|l6,067,183 6

10,083 08.69,086 3113,275 2273,955 54

809 7051,261 423,072 50

258,643 203,399 70

232,461 624,292 13

21,777 758,756 64

45,449 4456,188 7031,609 36

7,944 247,872 313,436 5911,315 4614,152 6512,014 523,501 2745,033174393,649 99

9,807 8076,615 2912,953 6276,732 954,549 1855,855 602,293 43

281,461 303,260 78

239,146 4210,431 4814,163 918,305 9949,724 9653,947 6433,932 6610,054 976,728 13

4,306 6013,187 7011,969 372,661 232,129 46

364,421 42

1348,631 7!

10,814 4379,505 4113,851 9476,157 375,512 8654,494 533,592 46

268,765 263,257 58

198,513 4711,289 8118,813 5410,279 7846,115 7290,233 1131,996 246,507 128,996 78

21,786 5038,542 8612,844 063,069 912,713 62

358,691 50

10,291 0783,059 7213,581 8279,003 455,496 1355,336 086,097 31

289,214 683,411 59

199,485 112,622 3626,036 9514,859 3250,417 5355,760 S532,200 599,736 512,120 93

2,326 6938,498 8213,092 532,128 102,917 50

358,691 50

1376,845 S6|1356,37714

Nov.

10,246 8572,692 7113,473 2080,490 998,089 6855,449 445.376 74

287,226 792,860 94

145,311 301,354 6837,543 2112,525 3749,447 7443,225 3133,525 615,881 3«2,359 66

14,543 7122,948 2126,110 9511,602 022,606 38324 57

35S,691 50

1303,907 92

Dec.

11,152 2875,519 2313,277 7877,451 367,740 3961,372 173,929 58

267,128 882,265 77

136,841 141,354 9331,632 508,572 2549,838 2646,759 9633 091 377,959 4311,777 708,174 827,503 75

38,932 8112,808 532,927 38

362,177 28

1279,189 55

TOTAL.

121,252 21859,142 30156,329 76910,273 1258,672 74

647,941 6038,358 48

3,252,910 8238,152 76

2,129,192 9133,049 16

297,487,69108,214 95574,683 00676,444 91379,987 0791,151 4367,091 8448,473 21

216,231 86228,907 46153,186 7950,948 60

103,172 774,329,343 27

15,570,600 01

E. H. MILLER, J R . , Secretary.

23 ]

No. 6. ]

Statement of the Earnings and Operating Expenses (Monthly)

for the Years 1881, 1882, and 1883.

EARNINGS.

Local. Through.

OPERATINGEXPENSES.

EARNINGSOVER

OPERATINGEXPENSES.

1881.JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember

1,284,918 791,186,004 051,369,870 881,375,107 221,531,554 581,544,974 941,445,870 031,605,731 651,722,175 121,929,867 351,75S,2S7 SI1,625,498 02

317.988 73268,214 02339,766 92497,262 81659,856 23614,406 59463,476 08482,787 15463,128 02577.989 86539,683 12599,680 95

Totals. 18,379,860 47 5,714,240 48

1,602,907 521,454,218 071,709,637 801,872,370 032,091,410 812,159,381 531 899,346 112,088,518 802,185,303 142,507,857 212,297,970 962,225,178 97

486,349 77432,578 76661,352 52922,038 78

1,066,723 251,011,525 21

753,541 40876,488 32947,448 71

1,191,962 10995,898 888S9,391 28

24,094,100 95 13,859,306 97 10,234,793 98

1882.JanuaryFebruaryMarchAprilMayJuneJulyAugustSeptemberOctoberNovemberDecember

1,444,117 45I 1,322,369 93

1,603,314 331,600,495 S31,673,537 681,559,514 991,512,786 061,738,036 16], 836,017 931,798,802 771,541,424 75

! 1,486,866 84

Totals %\ 18,917,284 22 6,745,472 90

395,351 54398,304 89466,422 69554,191 88668,760 43669,589 78563,861 66612,520 37659,427 02625,726 13597,834 20533,482 01

1,889,468 991,720,674 821,969,737 022,054,687 212,342 298 112,229,104 772,076,647 722,350,656 632,495,444 952,424,529 202,139,258 952,020,348 85

25,662,757 12

1,290,580 581,173,486 341,285,721 611,285,374 601,374,162 681,348,452 721,848,069 491,420,149 881,517,112 331,426,333 281,253,948 921,343,791 %

548,888 41547,189 48684,015 41789,312 31968,135 43880,652 05728,578 23930,406 65978,332 62998,195 94885,310 03676,556 89

16,067,183 67 9,595,573 45

JanuaryFebruaryMarchAprilMayJuneJulyAllgTlStSeptemberOctoberNovemberDecember

Totals S 16,442,405 50

1,185,449 511,058,747 221,365,918 371,308,692 271,331,715 781,366,482 761,291,294 551,487,915 841,565,872 371,673,787 341,474,611 981,331,917 51

562,231 65407,205 17658,614 97741,620 53795,704 45762,742 94744,921 89779,627 64860,475 46822,303 52630,026 73536,540 75

8,302,015 70

1,747,681 161,465,952 392,024,533 342,050,312 802,127,4:4) 232,129,225 702,036,216 442,267,543 482,426,347 832,496,090 862,104,638 711,868,458 26

24,744,421 20 15,570,600 61

1,313,042 431,203,370 441,276,711 651,186,863 561,272,843 701,270,268 431,383,048 141,348,631 791,376,345 861,356,377 141,303,907 921,279,189 55

434,638 73262,681 95747,821 69863,449 24854,576 53858,967 27653,168 30918,911 69

1,050,001 971,139,713 72800,730 79589,268 71

3,173,820 59

E. H. MILLER, JR., Secretary.

[ No. 7. ]

Statement of Earnings and Expenses Yearly.

YEAR.

1864 s!and \ .1865 )1866.

1867.

1809..

1870..

1871..

1872..

1873..

1874..

1875..

1876..

1877..

1378..

1879..

1880..

1881..

1882..

1883..

Earnings.

$ 519,095 84

884,268 16

1,433,645 74

2,312,017 15

5,670,822 25

7,438,970 20

8,862,054 46

11,963,840 57

12,863,952 98

13,611,030 63

15,665,081 93

16,994,216 30

16,471,144 11

17,580,858 55

17,153,163 16

20,508,112 88

24,094,100 95

25,662,757 12

24,744,421 20

OperatingExpenses.

9 190,880 14

200,722 96

333,023 92

843,166 54

2,993,523 19

3,664,018 41

3,840,802 92

5,011,278 84

4,969,271 52

5,268,131 87

6,487,199 84

7,857,211 57'

7,774,417 76

8,780,312 48

10,207,862 89

12,045,668 89

13,859,306 97

16,067,188 67

15,570,600 61

Earnings overOperatingExpenses.

$ 328,209 70

663,545 20

1,100,021 82

1,468,850 61

2.677.299 06

3,774,951 79

5,021,251 54

6,962,361 73

7,894,681 46

8,342,898 76

£,177,882 09

9,137,004 73

8,696,726 35

8,750,546 07

6.945.300 27

8,462,443 99

10,234,793 98

9,595,573 45

9,17S,«20 69

Per Cent.of

OperatingExpenses.

Miles of RoadOperated.

36.77

23.22

23.27

36.40

52.78

49.31 ,

43.34

41.88

38.68

38.71

41.41

46.23

47.20

50.08

69.51

58.73

57.52

62.60

02.93

18 to 56

56 to 94

94 to 137

137 to 468

468 to 742

742 to 900

900 to 1094

1094 to 1222

1219 to 1222

1219 to 1213

1287 to 1309

Average, 1425

1783

2119

2319

2467

2707

::04i

2998

Earningsper

Mile.

$ 14,029 62

11,523 58

12,359 01

7,630 43

9,373 26

9,060 87

8,888 72

10,349 18

10,526 97

11,193 28

12,068 63

11,925 76

9,237 88

8,274 15

7,396 80

8,312 97

8,900 66

8,486 95

8,253 64

OperatingExpenses

Mile.

$ 5,159 09

2,676 31

2.876 07

2,782 73

4,947 97

4,462 87

3,852 36

4,335 01

4,066 51

4,332 35

4,997 84

5,513 83

4.877 58

4,129 56

4,401 84

4,882 72

6,119 80

5,282 29

5,193 66

E. H. MILLER, J R . , Secretary.

I No. 8. J

Statement showing Earnings and Operating Expenses of all Lines operated for the Year 1883,each stated separately.

AverageNo.

a MilesOperate

1217.87

27.20

115.44

30.42

27.60

16.83

149.10

46.51

5.64

40.00

552.85

204.23

384.25

171.06

2!)98.00

NAME OF ROAD.

Central Pac. R. R. Co. (includ'g Berkeley Br. R. R.)

Amador Branch R. R

California Pacific R R...

Galveston, Harrisburg & San Antonio i\<

Los Angeles & San Diego R. R

Los Angeles & Independence R. R

San Pablo & Tulare R R

Sacramento & Placerville R. R

Stockton & Copperopolis R. R

S. P. R. R. of California (excluding Colorado Div.)

S. P. R. R. of California, Colorado Div

Southern Pacific R. R. of Arizona

Southern Pacific R. R. of New Mexico

Totals all Lines operated

GrossEarnings.

$13,149,402 03

39,771 31

1,290,350 54

3,171 27

75,460 30

32,772 92

1,917,587 55

720,589 32

26,355 86

112,847 28

3,880,065 16

t 259,862 31

2,445,429 13

700,756 22

$24,744,421 20

Operating1

Expenses.

$5,962,037 37

28,139 76

495,112 02

33,404 88

40,781 01

22,748 36

748,734 48

176,958 66

10,152 10

55,413 96

2,090,123 55

186,476 60

1,020,475 97

370,638 63

111,241,257 34

Amount ofRentals.

$ 64,229 68

42,000 00

600,000 00

25,575 83

33,384 00

20,190 00

465,535 20

167,464 80

7,200 00

25,000 00

1,650,600 00

307,597 04

634,355 40

286,205 42

$4,329,343 27

Total Rentaland

OperatingExpenses.

$6,026,266 95

70,139 76

1,095,112 02

59,040 71

74,165 01

42,944 36

1,214,269 68

344,423 45

17,352 10

80,413 96

3,740,723 55

494,073 64

1,654,831 37

656,844 05

$15,570,600 61

Net Profitto

Central PacificR. R. Co.

$7,123,135 08

195,238 52

1,295 29

703,317 87

376,165 87

9,003 76

32,433 32

139,341 61

790,597 76

133,912 17

$9,504,441 25

$0,173,820 59

Net Lossto

Central PacificR. R. Co.

$30,368 45

55,869 44

10,171 44

234,211 33

$330,620 66

j$e The lease of that portion of the Ualveston, Harrisburg & San Antonio Railway operated by this Company from El Paso to Lozier, Texas, was can-celed on February 1, 1883, upon the opening of the through line to New Orleans.

t This Division was operated under a temporary or provisional lease, entered into with the expectation that it was to be opened early in the year as alink in the through Thirty-fifth Parallel Transcontinental Route. Owing to delays by the connecting lines, it was not opened for through traffic until nearthe close of the year; and reclamation has been made upon the lessor Company, upon equitable grounds, to be released from the burden of this arrange-ment for 1883, which claim is still pending adjustment.

E. H. MILLER, JR. , Secretary.

[ No. 9.

Statement .Showing Terms of Leases and Agreements with Leased Lines.

NAMK OF COMPANY.

Southern PacificR. R. Co. (of California) . . .

Southern Pacific R. R. Co. (of Arizona) . .Southern Pacific R. R. Co, (of N. Mexico)..Pacific Improvement Co

Los Angeles & San Diego R. R. CoLos Angeles & Independence R. R. CoStockton & Copperopolis R. R. Co

Berkeley Branch R. R. CoCalifornia Pacific K. R. Co

San Pablo & Tulare R. R. CoSacramento & Plaeerville It. R. Co

Union Pacific R. R. Co

TERMINI.

From

HuronNear MojaveLos AngelesColorado RiverArizona LineColorado River Bridge.Rio Grande Bridge.FlorenceLos Angi lesStocktonPeters

GaitShell MoundVallejo . Junc t ion . . . .VallejoDavisNapa Junct ionPort Costa . . .OaklandWoodlandWillowsNear Martinez.Sacramento

Ogden

To

Colorado RiverThe NeedlesWilmingtonNew Mexico LineRio Grande

Santa Ana.Santa MonicaMilton . )Oakdale )

Berryman'aVallejoSacramentoKnights LandingCalistoga

MartinezWillowsTehamaTracyBrighton

Five miles west

MILES OPROAD.

528.56240.13

21.64384.17167.22

.13

.2327.6016.83

411.

27.203.842.

18.6734.4817.3335.5664.2536.4946.51

5.(54

5.

EXPIRATION OFLEASE.

January 1, 1885January 1,1885January 1, 1885November 1, 1885. . .November 1, 1885. . .Current agreement . .Current agreement . .November 1, 1885. ..November 1, 1885. . .

January 1, 1905

November 1, 1890. . .

I July 1,1905

)

- January 1, 1885

]January 1, 1885January 1, 1885Current ag reement . .

June 30, 2S74

TERMS OF LEASE.

$250 per mile per month .$126 per mile per month .$'250 per mile per month.#135 per mile per month and taxes.$135 per mile per month.SI,000 per month.$3,000 per month$100 per mile per month and taxes.$100 per mile per month and taxes.The principal and interest on §500,000 thir ty

year bonds (a; 5%. Net earnings to apply onfloating debt S. & C. R. R.

§3,500 per month and taxes.87(58 per month and taxes.

$600,000 per annum.

($47,500 per month . Including in this amoun t1 San Pablo & Tulare R. K. also, the lat ter being( leased to the Northern Ry.

$4,750 per month .Tncluded in lease of Northern Ry. above.§600 per month .

[ Same rate per mile as earned by U. P. R. R. onI road operated by itself.

ft

E. II. MILLER, .lit., Secretary.

GENERAL MANAGER'S REPORT.

General Manager's Report.

GENERAL MANAGER'S OFFICE,

SAN FRANCISCO, May 20, 1884.

Hon. Leland Stanford, President,

SIR : A general statement of the business of the Central PacificRailroad and Leased Lines for the year ending December 31, 1883,also statistics and different tables for comparison, I herewith inclose.

EARNINGS.

Earnings, 1882 $25,662,757 121883 24,744,421 20

OPERATING EXPENSES.

Operating Expenses, 1882 $16,067,183 671883 15,570,600 61

Per cent, of Operating Expenses to Earnings, 1882.. 62.60" 1883.. 62.93

PASSENGER BUSINESS.

Passenger Earnings, 1882 $7,474,216 121883 7,94S,826 °7

Passengers Carried, 1882 7,688,5141883 8,542,583

The General Passenger and Ticket Agent's Report on pages 49and 50 shows the details of this branch of the traffic.

FREIGHT BUSINESS.

POUNDS.

Total Tonnage for year 1882 6,219,392,9401883 5,767,883,760

Earnings from this source were :—

In 1882 $16,302,882 72In 1883 14,932,969 94

Full details regarding the movement of freight will be found onpages 44 and 45, for this and the previous year, also percentages ofincrease or decrease.

MOTIVE POWER.

There were added during the year, 21 Southern Pacific of Cali-fornia engines ; 2 Southern Pacific of New Mexico engines ; oneengine belonging to the Central Pacific Railroad Company wassold to the Southern Pacific Railroad Company (Northern Division).December 31, 1882, this Company had in its service 68 enginesowned by the Galveston, Harrisburg and San Antonio Railway.After lease of that road was canceled February 1, 1883, the engineswere returned, with the exception of four, which are still in theservice of this Company at a per diem rental. Making a totalowned and leased 426 engines. Of this number an average duringthe year of 34 were undergoing repairs, 54 were employed in companyswitching and miscellaneous service, leaving an average numberavailable for regular transportation purposes of 338. The number ofmiles run and the cost of maintenance will be found in the follow-ing tables :—

MILES RUN.

On Passenger TrainsOn Freight TrainsOn Miscellaneous TrainsSwitching

Total

1882.

3,022,3687,079,6041,025,1341,512,870

12,639,976

1883.

3,221,5105,881,070

619,0841,492,501

11,214,165

MILES RUN.

Pounds of Waste, ioo miles. . .

1882.

37.8228.4916.86

.69

1883.

37-9329-531 7 . 1 5

•7,2

COST PER MILE RUN.

For Running RepairsFor Extraordinary RepairsFor EnginemenFor Fuel

For Watching and Dispatching

Cost per mile run (in cents)

1882.

3-251.857.04

19.89

•54.78•34•55

34-24

1883.

3-521.607.10

19.69•52•73•38•59

34-13

CONSUMPTION OF FUEL AND STORES.

Cords of WoodPints of OilPounds of Waste

1882.

282,866^67,628

749,40387,608

1883.

248,783^65,075^

653,88280,315

COST OF MAINTENANCE.

Running RepairsExtraordinary RepairsF^ngineers' PayFiremens' PayFuel ConsumedStores . . . . .Cost of WipingCost of Watching and Dispatching. . . . .Sundries

Total Expense

1882.

$410,624 68233,988 87577,673 52312,016 51

2,515,329 3967,652 4098,004 2643,377 14•69,872 08

$4,328,538 85

1883.

$394,759 38179,923 62515,267 74280,246 45

2,207,842 5257,826 9382,353 2242,664 7766,709 19

$3,827,593 82

AVERAGE COST OF FUEL.

Coal, per tonWood, per cord

1882.

$7 784 64

1883.

$7 634 75

CARS.

The following additions were made during the year :—

Cetitral Pacific Railroad.

3 Sail Cars, built at Sacramento. 2 Track Laying Cars, built atSacramento.

Since the last report there have been broken up—1 dump car,3 hand cars, and 5 section cars; 1 baggage car was changed to ex-press car, and 1 box freight car was changed to a derrick car-tender.The tanks on 3 water cars were removed., leaving them for service asplatform cars. 35 box freight cars were changed for transportationof fruit. 2 platform cars were altered to derrick-tenders.

12 Emigrant Cars.3 Postal Cars.

12 Caboose Cars.25 Hand Cars.5 Sail Cars.

Southern Pacific Railroad of California.

12 Section Cars, all built at Sac-ramento.

380 Box Freight Cars, built atDayton, Ohio.

1 water car was changed to platform car.

Southern Pacific Railroad of Arizona.

1 Hand Car.

Southern Pacific Railroad of New Mexico.

1 Sail Car was added. ! 2 Hand Cars were broken up.

Stockton &= Copperopolis Railroad.

1 Hand Car was built at Sacramento.

[ 33 1

Last year one box freight car was reported in error. Correctingwhich, leaves total equipment owned and leased as follows:—

Passenger Cars 201Sleeping Cars 47Emigrant Cars 96Postal Cars 19Baggage Cars 45Express Cars 11Baggage, Mail and Ex-

press Cars 22Smoking Cars 4Pay Car 1Officers' Cars 4Caboose Cars 138Station Cars 16Box Freight Cars 4,713Powder Cars. 2Oil Cars 8

Fruit Cars 69Platform Freight Cars 3,188Platform Cars fitted up with

tanks for water 67Tie Machine Car 1Derrick Cars • 10Derrick-tender Cars 8Pile-driver Cars 11Dump Cars 136Hand Cars 460Sail Cars 56Section Cars, 379Push Cars 30Iron Cars 39Lumber Cars 22Snow Plows 9

Total number of cars owned and leased 9,8r2

COST OF MAINTENANCE.

Sleeping CarsPassenger CarsBaggage, Mail and Express CarsEmigrant CarsOfficers' CarsFreight CarsMiscellaneous CarsForeign Cars

Total

1882.

$ 112,847 02131,250 7638,842 1526,296 4010,700 66

598,061 934,280 77

24,222 18

$946,501 87

1883.

$70,978 8680,111 0352,45° 2721,402 086,896 21

419,767 252,787 21

22,052 00

$676,444 91

MILEAGE.

Sleeping CarsPassenger CarsBaggage, Mail and Express CarsEmigrant CarsOfficers' CarsFreight and Caboose CarsC. P. Cars on Foreign RoadsForeign Cars

Total

1882.

2,670,9287,004,5435,999,3293,931,172

I75,283105,326,338

9,952,56914,105,968

149,166,130

1883.

3,034,5697,282,3346,012,9834,254,720

220,84374,021,9492i,3i4,5H25,625,736

141,767,645

For safety, not only to the Company's property, but that intrustedto its care, it was decided to equip all freight cars with the newWestinghouse Automatic Air Brakes. These give the engineer com-plete control over his train on all grades, and in case a portion ofthe train should become detached from the engine, the automaticaction of the brake prevents any injury by stopping the separatedportion. Up to the date of this report, 6,617 c a r s n a v e been equippedwith these brakes, and the necessary changes on engines made,which give satisfactory results.

All ca)rs have received such repairs as were needed.

FLOATING STOCK FERRY STEAMERS.

The steamer "Piedmont" was built during the year, at the Com-pany's Ship Yard, Oakland, and put in commission for service on thePassenger Ferry between Oakland Pier and San Francisco, November28, 1883.

The steamers are all in excellent condition. Necessary repairshaving been made from time to time as required.

NAME. TONNAGE.

NUMBER, KIND AND SIZE OF ENGINE.

No. Kind. Size of Cylindersin inches.

Alameda . . . .AmadorCapitalEl Capitan . .TuliaOaklandPiedmont.. . .SolanoTransitThoroughfare

813896

1,989982503

1,6721,8543,5491,5661,012

Condensing Beam.Non-condensing . .Condensing Beam .

Beam

Non-condensing

42 x 12025 x 8465x14436 x 14436 x 14460 x 14457 x 16860 x 13260 x 13222 X 84

FERRY STEAMERS.

Miles run

1882.

I73,38i

1883.

178,209

COST OF MAINTAINING AND OPERATING 1882.

Repairs j $87,73719Wages I 142,308 36Fuel : 205,962 44Stores ! 2,229 60Water j II, 094 04Cabin Expense j 1,144 41Deck Expense ! 3,881 62

Total I $454,357 66

$37,011 45146,752 02214,693 11

2,380 55.9,983 27

639 243,908 72

$415,368 36

RIVER STEAMERS AND BARGES.

The steamer " Yo Semite'' has been sold, and the barge " Mono"

laid up unfit for service, leaving the fleet as follows •—

Steamers.

NAME.

ApacheEnterpriseModoc

TONNAGE.

468246468

NUMBER, KIND AND SIZE OF ENGINE.

No.

222

Kind.

CondensingNon-condensing'Condensing

Size of Cylindersin inches.

22 X 9615 x 6022 X96

Barges.

NAME. TONNAGE.

Ace of Spades.Yolo

250800

[ 36 ]

HOSPITAL REPORT.

Below will be found statistics in regard to the Company's Hospital,located at Sacramento, in which sick or injured employes find ahome, with medical attendance. This institution is supported bycontributions of a small sum each month from all officers andemployes.

As this system of roads was extended into Arizona and NewMexico, employe's in those remote sections, who from accident orsickness required care, could not well be taken so long a distance tothe General Hospital. Arrangements were therefore made to havethem admitted to a private hospital at Tucson.

The following tables exhibit the operations of the hospital systemfrom its commencement to December 31, 1883.

FINANCIAL STATEMENT OF WHOLE SYSTEM.

Cost of Hospital Building, Lot, Library, Fix-tures, etc., in Sacramento, California, 1869. . .

Expenditures for Maintenance of same, MedicalServices, Nurses, Medicines, etc

Total to December 31, 1876

Receipts to same dateAnnual Expenditures and Receipts from 1877

to 1883 :For the year 1877

187818791880188118821883

Totals to December 31, 1883

Balance of Receipts over Expenditures—Cashon hand

• EXPENDITURES.

$62,875 77

197,105 35

$259,981 12

$34,967 1225,049 3624,163 3831,413 4340,383 3353,56i 0056,349 00

$525,867 74

RECEIPTS.

$256,736 70

$38,858 9635,420 4237,203 IO39.655 J349,129 4253,762 0757,9i8 75

$568,684 55

$42,816 81

Sacramento Hospital.

YEARS

TERMINATING

DEC. 31ST.

1870.1871.1872.

l873.1874.1875.1876.1877.1878.1879.1880.1881.1882.1883.

Num

ber

adm

itte

d.

434438512370381528582407446352453559607732

Off

ice

pati

ents

and

thos

e re

ceiv

ing

Tre

atm

ent

atth

eir

Res

iden

ces.

539915

1,125

966674

1,250'.3401,520

.447[,8671,628

1.7132,381

2,525

No.

of

Cas

es o

fA

ccid

ents

.

80140

125175172108

164136

133Il6

313418479480

Dis

char

ged

Cur

ed.

979[,302,56i,271

995,716

.837,870,8412,2032,0322,2302,9213,218

Dis

char

ged

Impr

oved

but

Incu

rabl

e.

10

10

152620

7141713131720

2317

Died.

9II

2$18II

2326

1710

7172723

3°

Per

cent

age

ofD

eath

s.

.92

.81

i-57i-341.041.29

i-35.88•53

•31.80

1.16

.76

.09

Rem

aini

ng u

nder

Tre

atm

ent

Dec

embe

r 31

st.

253O3621

2932452329

2540

355648

Tucson Hospital.

1882.1883.

207112

877881

12391

191107

.63.002

MAINTENANCE OF ROAD.

During the year the different branches of the track service were inall respects well maintained, necessary repairs having been made asneeded. i34T

5o4o miles of Central Pacific, 32^0 miles of SouthernPacific, y^j miles of other roads aggregating i66T

9n% miles of iron

track were relaid with steel rails. 361,797 ties were used in repairs.The number of miles operated (including leased lines) at the end

of the year was 3,003^% of which 2,352/^0 miles are laid withsteel rails.

The Southern Pacific Railroad of California was completed to TheNeedles station on the Colorado River, 2 4 0 / ^ miles east of Mojave,forming connection with the Atlantic and Pacific Railroad. TheSilver City, Deming and Pacific Railroad, connecting Silver City andDeming, New Mexico, was completed and opened for business

[ 38 ]

June 15, 1883. During the year the Arizona & New MexicoRailroad Company constructed a narrow-gauge road between Clif-ton, Arizona, and Lordsburgh, New Mexico, where it connects withthis Company's system.

The last rail of the Galveston, Harrisburg & San Antonio Railwaywas laid near Flanders station, January 12, 1883, and the lineopened for traffic with south-eastern Texas, Louisiana, and other GulfStates, February 1, 1883. The Mexican Central Railway connectingwith the Southern Pacific of New Mexico, and the Galveston, Harris-burg & San Antonio Railway at El Paso, Texas, was opened forthrough traffic April 10, 1884. It forms an uninterrupted line ofcommunication between San Francisco and the City of Mexico.

It is eminently proper that I should announce in this report thatMr. S. S. Montague, for nearly 21 years identified with the CentralPacific Railroad as Chief Engineer, and distinguished for faithfulservice in the line of his duty, departed this life on the 24th ofSeptember, 1883, and was succeeded in office by Mr. Wm. Hood,whose appointment, took place October 10, 1883, and whose reportpertaining to construction work will be found on pages 53 and 54.

The Land Agent's Report on page 57, shows the sales to havebeen unusually large.

The bridges, buildings, wharves, snow galleries, etc., upon all thelines were maintained in good order during the year. Besides thisclass of repairs there were many renewals, improvements and better-ments of permanent value. The cost of maintenance and renewalon all lines operated was charged in the operating expenses for theyear; the cost of new structures was charged to the several corpora-tions on whose road the improvements were made. Some of theprincipal items, and the cost thereof, are shown in detail by thefollowing list:—

ON LINES OWNED BY CENTRAL PACIFIC R. R. CO.

Between San Francisco and Sacramento.

Renewal of Trestle on Local Line, San Antonio Creek $14,076 00

Renewal of Trestle on Main Line, San Antonio Creek 12,771 00Lorenzo Depot 4,290 48New Freight Shed at Sixth and King Streets, San

Francisco 16,877 04

[ 39 ]

Between Sacramento and Ogden.

Seven New Snow-sheds $14,309 19At Sacramento, a Wheel Foundry and its appurte-

nances 45,992 22At Wadsworth, Engine House, Machine Shops, and all

necessary tools 96,175 57At Terrace, Eating House, Casting Shed, and Coal

House 15,187 50At Wells, Coal House 4,406 37Wood work and Masonry at Bear River Bridge 19,094 54

Between Roscville Junction and Redding.

Bridge over Yuba River, rebuilt $31,898 78Anderson Freight House Extension 1,387 03

Between Lathrop and Goshcn.

Athlone, Fowler, and Selma Depots $15,254 44

ON LEASED LINES.

Northern Railway.Extending Benicia Slips !7,73° 3°Coal Bunkers at Port Costa 101,360 00

Southern Pacific of California.

Hotel, Depot, Freight House, Platform and CoalHouse at Los Angeles $41,573 90

Engine House, Seven Palms 5,895 30Four Cottages for Employes, Engine House and Coal

Shed at Sumner 12,692 58Four Cottages for Employes, Trainmens' House, Iron

Turntable, Transfer Platform, and Express Officeat Needles $22,997 o o

Southern Pacific of Arizona.

At Benson, Express Office $ 2,425 73Depot, Dragoon Summit 4,137 86At Tucson, Lumber Store House, Stock Corral, Coal

House for Stationary Engine 4,669 96

Southern Pacific of Neiv Mexico.

Ore Platforms at Gage and Lordsburg $ 3,260 67

In conclusion and in reflecting upon the severe and protractedstorms of the winter of the current year, materially reducing ourearnings up to date of this report as compared to same period lastyear, it is gratifying indeed to be able to state that such copious rain-falls invariably insure abundant harvests, bringing general prosperityto the State, with which the interests of our Company are so nearlyidentified, and I feel confident that, taken as a whole, terminatingwith the calendar year, the results of the business for 1884 will makea very satisfactory showing.

Respectfully yours,

A. N. TOWNE,General Manager.

FREIGHT TRAFFIC MANAGER'S REPORT.

Freight Traffic Manager's Report.

CENTRAL PACIFIC RAILROAD CO., }FREIGHT TRAFFIC MANAGER'S OFFICE,

SAN FRANCISCO, May 15, 1884. )

A. N. Towne, General Manager,

SIR : The general summary of the Freight Traffic of this Companyand lines operated by it, for the year ending December 31, 1883,I herewith hand you; also, statistics in detail showing the amount ofthe different kinds of freight transported, and the percentages ofincrease or decrease, compared with previous year.

Yours respectfully,

J. C. STUBBS,

Freight Traffic Manager.

[ 44 ]

The grain traffic of 1883 compared with that of 1882 shows adecrease of i3xVo" Pe r cer>t in tonnage, and 20^^ per cent in earnings.

The average length of haul in miles per ton was :—

Local Commercial FreightThrough Commercial Freight

Total

Company's Freight

Total

1882.

205.5950.0

324-9

166.5

290.4

1883.

156.4975-3

295.1

157-3

269.7

The number of tons hauled per mile operated on a basis ofO4IT

7Q1O miles (average) in 1882, and 2,998 (average) in 1883 was

Commercial FreightCompany's Freight

Total

1882.

799-56222.79

1,022.35

1883.

780.72181.24

961.96

Freight earnings per mile on a basis of 3,o4iTyn (average) operatedin 1882, compared with 2,998 (average) in 1883 was

Year 1882 $5,359 77" 1883 4,98098

Local FreightThrough FreightCompany's Freight

Total

POUNDS—1882. P0UNDS--1883.

4,084,059,400780,000,130

i.355.333,4io

6,219,392,940

3,888,308,510792,891,250

1,086,684,000

5,767,883,760

[ 45 ]

Of the local freight, there were forwarded of grain from theagricultural districts to the general markets, 1,155,924,120 pounds,in 1882, and 1,001,478,910 in 1883, as follows :—

First Six MonthsLast Six Months

Total

From which was earned

POUNDS—1882.

524,178,59063i,745,53o

1,155,924,120

$1,259,016 40

POUNDS—1883.

288,186,480713,292,430

1,001,478,910

$1,003,250 50

In local freight, the exhibit for 1883 as compared with 1882 showsa decrease of 4T

7n9(j per cent or 195,750,890 pounds, and a decrease

in tons hauled one mile 2 7T5n2o P e r cent.

In through freight an increase of iT%5^ per cent or 12,891,120

pounds ; and in tons hauled one mile 4T2o8^ per cent.

Company freight decreased during the year 1 g^v per cent.

The local traffic, exclusive of grain forwarded to the generalmarkets, shows a decrease of iTVo P e r cent.

GEN'L PASSENGER AND TICKET AGENT'S

REPORT.

L 49 ]

General Passenger and Ticket Agent'sReport.

CENTRAL PACIFIC RAILROAD CO.,

GENL. PASSENGER AND TICKET AGT'S OFFICE,

SAN FRANCISCO, May 15, 1884.

A. N. Towne, Goieral Manager,

SIR : With this please find inclosed a general statement of thenumber of Passengers passing over the Central Pacific Railroad andits leased lines, from 1872'to 1883, inclusive, Through. Ferry andLocal, segregated each year.

Very respectfully,

T. H. GOODMAN,General Passenger and Ticket Agent.

YEAR ENDING DEC. 31ST.

1872.

1873.

1874.

1875.

1876.

1877.

1878.

1879. '

1880.

1881.

1882.

1883.

ThroughLocalFerry

Total

ThroughLocalFerry

Total

Through

Ferry

Total

Through

Ferry

Total

Through

Ferry

Total

ThroughLocalFerry

Total

ThroughLocalFerry

Total

Through

Ferry

Total

Through

Ferry

Total

Through

Ferry

Total

ThroughLocalFerry

Total

ThroughLocalFerry

Total .

Eastward.

21,645286,447

1,203,628

1,490,520

23,486296,988

1,310,327

1,630,801

24,782269,733

1,573,989

1,868,504

30,422288,149

1,935,661

2,254,232

37,855352,753

2,379,566

2,770,174

31,247537,350

2,690,527

3,259,124

25,938572,106

2,768,053

3,366,097

25,268595,903

2,697,090

3,318,261

30,367674,024

2,546,192

3,250,583

30,891748,440

2,631,627

3,410,958

37,113856,482

2,854,446

3,748,041

40,107970,501

3,210,723

4,221,331

Westward.

34,040267,901

1,211,513

1,513,454

44,370293,351

1,311,049

1,649,370

55,509274,425

1,664,291

1,994,225

74,919285,413

2,147,750

2,508,082

60,565338,529

2,603,391

3,002,485

47,435542,903

2,971,094

3,561,432

37,556588,988

2,986,54!)

3,613,091

36,788621,459

2,865,799

3,524,0.46

34,280698,756

2,723,726

3,456,762

47,107758,878

2,815,423

3,621,408

58,113841,647

3,040,713

3,940,473

73,700964,434

3,283,118

4,321,252

TotalEast & West.

55,685533,148

2,415,141

3,003,974

67,856590,339

2,621,976

3,280,171

80,291544,15s

3,238,280

3,862,729

105,341573,562

4,083,411

4,762,314

98,420691,282

4,982,957

5,772,659

78,6821,080,2535,661,621

6,820,556

63,4941,161,0925,754,602

6,979,188

62,0561,217,3625,562,889

6,842,307

64 6171,372,7805,289,918

6,707,345

77,9981,507,3185,447,050

7,032,366

95,2261,698,1295,895,159

7,668,514

113,8071,934,9356,493,841

8,542,583

CHIEF ENGINEER'S REPORT.

Chief Engineer's Report.

CENTRAL PACIFIC RAILROAD CO., )CHIEF ENGINEER'S OFFICE,

SAN FRANCISCO, April 19, 1884. )

Hon. Leland Stanford,President Central Pacific Railroad Company,

SIR : During the year 1883, the plant of the Company was main-tained in good condition by the usual repairs and renewals of bridges,buildings, snow-sheds, wharves, tracks, etc.

The most important work of the Engineer's Department has beenconnected with the extension of the Oregon Division of this Com-pany (formerly the California & Oregon Railroad Co.) from Reddingnorthward toward the Oregon State Line, where it will be met bythe Oregon & California Railroad Co., and with the latter will forma through line, connecting the railway systems of California andOregon.

This work has been carried on with vigor, and the road has beenbuilt in the most substantial manner. The rails are steel, of themost approved pattern, and weigh sixty (60) pounds per yard. Theties are of redwood, averaging twenty-six hundred and seventy(2,670) per mile, laid upon gravel ballasting. The culverts, bridge-piers and abutments are built of a good quality of stone, laid incement mortar. The bridges are of iron, with few exceptions.

Ample sidings have been provided; and water supply, from per-manent streams in the mountains, has been obtained at suitablepoints.

The first three tunnels above Redding have been completed,having an aggregate length of 1,366^ feet; and the next twotunnels are in progress, having a length of 730 feet completed at theend of the year. These tunnels are strongly lined with heavytimbers. At the end of the year, track was laid to a point 20-,%miles northward from Redding, and the grading was nearly com-pleted for eight miles farther

The masonry was well advanced to a point about thirty-six (36)miles from Redding. The general route established by formersurveys has been followed. Some further careful surveys have beenmade during the year, with a view of securing the best possible finallocation of this difficult route, in the canon of the SacramentoRiver.

The new line northward from Redding was not opened for publicuse during the year.

The following table shows the length of the roads owned by theCentral Pacific Railroad Company, main line and branches, as oper-ated December 31, 1883.

MAIN LINE. Miles.

San Francisco to Ogden 883.23

BRANCHES.

Oregon Branch—Roseville to Redding 151.60

Visalia Branch—Lathrop to June, with So. Pac. R. R., near

Goshen 146.08

Oakland and Alameda Branches—Oakland Wharf to East Oakland 5.67Oakland Point to Mastick 3.82Alameda Wharf to Melrose 5.19Fruitvale connection 2.01

San Jose Bratich—

Niles to San Jose ! 7 - S 4 Zi1-^1

Total 1,215.14

Length of Sidings, Dec. 31, 1882.. 203.26Sidings constructed in 1883 24-33Sidings removed in 1883 3-°4

Increase in Sidings • • 21.29Total Sidings, Dec. 31, 1883. . 224-S5

Total length of all tracks, Dec. 31, 1883. . . 1,439.69Respectfully submitted,

WILLIAM HOOD,Chief Engineer.

LAND AGENT'S REPORT.

Land Agent's Report.

LAND DEPARTMENT, CENTRAL PACIFIC RAILROAD CO.,

SAN FRANCISCO, May 15, 1884.

Hon. Leland Stanford, President Central Pacific Railroad Co.,—

SIR . I have the honor to submit the following as the report ofthe transactions of this Department for the year ending December31, 1883:—

C. F\ R. R. C O . - L A N D D E P A R T M E N T .

Exhibit showing land transactions for 1883.

Sold 379,787-/^ acres, for cash $515,226.32On credit 36S>433-65

Total $880,659.97

CASH RECEIPTS.

From Contracts paid in full $515,226.32" 20 % on Credit sales 66,071.26" Interest on Credit sales 82,107.15" Balances of principal on Credit sales 281,357.58" Trust Land Stumpage 3°3-IS" " Leases 50.00

Total Trust Land Account $945,115.46

From sales of Timber on Non-Trust lands $3,420.00" Stumpage on Non-Trust lands 1,070.00" Rents on Non-Trust lands 17,296.82" Sundries 711.52

Total Non-Trust Lands $22,498.34

Total receipts from all sources $967,613.80

Respectfully submitted,

WM. H. MILLS,Land Agent.

TRUSTEES' REPORT.

Trustees' Report.

Report of Trustees under Land Grant Mortgageof the Central Pacific Railroad Company.

SAN FRANCISCO, March i, 1884.

Hon. Leland Stanford.President Central Pacific Railroad Company,

SIR : We submit herewith our report for the year ending December31, 1883, as follows:—

Balance of Cash on hand, January 1, 1883, as shownin our last report $584,770 62

Received from the Land Department of the Companyduring the year ending December 31, 1883 $945,115 46

Total $1,529,886 08

With these funds we have redeemed Bonds as follows :January 3, 1883, 200 Bonds, at a cost of $207,838 00June 4, 1883, 374 Bonds, at a cost of 395*958 00

Total 574 Bonds, at a cost of $603,796 00

Leaving a balance of cash on hand on Jan. 1, 1884, of $926,090 08

S. W. SANDERSON,J. O'B. GUNN, ' 7 1 " " " 1'•}

Lmiml prifk Railroad lompang.

DIRECTORS:—

LELAND STANFORD, TIMOTHY HOPKINS,E. H. MILLER, JR., W. V. HUNTINGTON,CHARLES CROCKER, C. F. CROCKER,

OF SAN FRANCISCO, CAL.

C. P. HUNTINGTON,OF NEW YORK CITY.

OFFICERS: —President LELAND STANFORD . . . San Francisco, Cal.Vice-Pres. &> Gen. Agi C.P. HUNTINGTON, 23Broad St.N.Y.City.Second Vice-President CHARLES CROCKER . . . San Francisco, Cal.Treasurer TIMOTHY HOPKINS . . . San Francisco, Cal.Secretary E. H. MILLER, JR. . . . San Francisco, Cal.General Manager A. N. TOWNE San Francisco, Cal.Land Agent Wn. H. MILLS San Francisco, Cal.General Superintendent J. A. FILLMORE San Francisco, Cal.Assistant General Superintendent.... R. H. PRATT San Francisco, Cal.Master of Transportation E. M. RAILTON San Francisco, Cal.Division Superintendent A. D. WILDER Oakland, Cal.

" " JNO. B. WRIGHT Sacramento, Cal." " J. H. WHITED Wadsworth, Nev." " G. W. CoDDlNGTON...Carlin, Nev.

A. G. FELL Ogden, Utah." " . E. E . H E W I T T Los Angeles, Cal.

J. A. MUIR Tucson, A. T." " JAMES CAMPBELL El Paso, Texas." " of River Steamers..W. H. MOOR San Francisco, Cal.

S. W. SANDERSON . . . San Francisco, Cal.CREED HAYMOND San Francisco, Cal.

Chief Engineer WM. HOOD San Francisco, Cal.Supt. of Track W. G. CURTIS San Francisco, Cal.General Passenger Agent. T. H. GOODMAN San Francisco, Cal.Freight Traffic Manager J. C. STUBBS San Francisco, Cal.General Freight Agent RICHARD GRAY San Francisco, Cal.General Auditor WILLIAM H. PORTER..San Francisco, Cal.Auditor of Freight C. J. WILDER San Francisco, Cal.Auditor of Passengers A. D. W.MCCULLOUGH San Francisco, Cal.Auditor Motive Power andMachinery. C. A. GROW San Francisco, Cal.Master of Machinery A. J. STEVEKS Sacramento, Cal.Master of Cat Repairs BENJAMIN WELCH Sacramento, Cal.Supt. of Bridges and Buildings ARTHUR BROWN Oakland, Cal.Local Purchasing Agent J. R. WATSON Sacramento, Cal.Transfer Agent GEO. WATKINS 23 Broad St., N. Y.

Counsel.