46
B 3 fibb N NUAL EPORT BOARD OF DIRECTORS ENTRAL ^ A C I F I C ^AILROAD J TOCKHOLDERS. 1880. 0 :

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Page 1: BOARD OF DIRECTORS - cprr.orgcprr.org/Museum//Books/I_ACCEPT_the_User_Agreement/Digitized_b… · of subordinate officers as will give a general resume of the operations of the road

B 3 fibb

N NUAL EPORT

BOARD OF DIRECTORS

ENTRAL ^ A C I F I C ^ A I L R O A DJ

TOCKHOLDERS.

1880.

0 :

Page 2: BOARD OF DIRECTORS - cprr.orgcprr.org/Museum//Books/I_ACCEPT_the_User_Agreement/Digitized_b… · of subordinate officers as will give a general resume of the operations of the road

Central Pacific Railroad Photographic History MuseumProperty of CPRR.org © 2006 - Use by permission only.

Use constitutes acceptance of the CPRR.org User Agreement.Modified from content made available courtesy

Google Book Search <http://books.google.com>

Page 3: BOARD OF DIRECTORS - cprr.orgcprr.org/Museum//Books/I_ACCEPT_the_User_Agreement/Digitized_b… · of subordinate officers as will give a general resume of the operations of the road

GIFT OF

Page 4: BOARD OF DIRECTORS - cprr.orgcprr.org/Museum//Books/I_ACCEPT_the_User_Agreement/Digitized_b… · of subordinate officers as will give a general resume of the operations of the road

NNUAL REPORT

BOARD OF DIRECTORS

:ENTRAL ^ACIFIC J A I L R O A D

STOCKHOLDERS.

For the Year ICnding December 31st,

1880,^

SAN F R A N C I S C O :H. S. CROCKER & CO., STEAM BOOK AND JOB PRINTERS,

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

1881.

Page 5: BOARD OF DIRECTORS - cprr.orgcprr.org/Museum//Books/I_ACCEPT_the_User_Agreement/Digitized_b… · of subordinate officers as will give a general resume of the operations of the road

REPORT.

OFFICE CENTRAL PACIFIC RAILROAD CO.

SAN FRANCISCO, August 9th, 1881.

The Directors herewith submit to the Annual Meeting of theStockholders of the Central Pacific Railroad Company such reportsof subordinate officers as will give a general resume of the operationsof the road for the year 1880, and a particular account of the condi-tion of the Company's property and financial condition on December31st of the same year.

Your careful attention to these reports is invited.

The capital stock authorized is $100,000,000 00The capital stock subscribed is 62,608,800 00The capital stock paid in is . . 59J275>5O° °O

Of the amount subscribed there is held in trustfor the Company 3>333>3o° 00

INDEBTEDNESS.

The debts of the Company are :Funded Debt 55,672,000 00Less Sinking Funds 4,202,814 17

$51,469,185 83United States Subsidy Bonds 27,855,680 00Bills and Accounts payable 5,761,818 29Unclaimed Dividends 5,337 00Hospital Fund • 95,175 67Sinking Fund—Uninvested 254,914 17

Total $85,442,110 96

For detailed statement of funded debt, see Secretary's reporthereto appended—Table No. 2.

345325

Page 6: BOARD OF DIRECTORS - cprr.orgcprr.org/Museum//Books/I_ACCEPT_the_User_Agreement/Digitized_b… · of subordinate officers as will give a general resume of the operations of the road

ASSETS.

The 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, wharfs, slips, piers andsteamers for ferries at San Francisco. . .(cost) $136,948,680 69

Equipment for 'same—locomotives, cars, snow-plows, etc (cost) 8,047,103 42

Real estate purchased for use of road (cost) 1,529,961 07Shops and machinery (cost) 1,758,079 89Telegraph instruments, furniture, safe, etc., at

stations and offices (cost) I55>772 °4Sacramento River Steamers .(cost) 783,001 60Material on hand:

For bridges and buildings (cost) 348,878 64For track repairs (cost) 455*087 09In shops, for construction and repairs, per

inventory 587,449 86In store of supply department, per inven-

tory (cost) I4»7°7 66Fuel on hand, per inventory (cost) 387,198 84Farming lands—estimated value 27,500,000 00Undivided half 60 acres land in Mission Bay, in

San Francisco; 500 acres water front at Oak-land; about 140 acres and water front atSacramento; estimated value independent ofimprovements 7,750,000 00

Land Contracts—deferred payments on time sales 1,854,665 07United States Sinking Fund and Trans. Accts.. . 5,499,761 77Bills and Accounts Receivable 1,985,591 79Cash 3>237,°3I 6 6

Stocks and Bonds owned 634,709 15

Total $199,477,680 24

The reports of the heads of Departments, submitted herewith,are, as usual, so complete, that in them you possess full details ofthe affairs of the Company.

CHARLES CROCKER,Second Vice-President\

Acting as President,

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REPORT OF THE SECRETARY.

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L 7 ]

Report of the Secretary.

CENTRAL PACIFIC RAILROAD CO., SECRETARY'S OFFICE,

SAN FRANCISCO, August 9th, 1881.

Hon. Leland Stanford, President:

SIR !—Herewith are Statements Nos. 1 to 7, showing the

financial condition of the Company on the 31st day of December,

1880, and its business for the year 1880; also, Statement No. 8,

showing the earnings and operating expenses for the six months

ending June 30th, 1881, compared with the same months of 1880.

Respectfully submitted,

E. H. MILLER, JR.,

Secretary.

Page 9: BOARD OF DIRECTORS - cprr.orgcprr.org/Museum//Books/I_ACCEPT_the_User_Agreement/Digitized_b… · of subordinate officers as will give a general resume of the operations of the road

No. 1. ]

General Ledger Balance Sheet, December 31st, 1880.

To Construction.44 Equipment...44 Real Estate...

pMfcchinery in Shop*Furniture, TelegraphM S«J L T ^ i » I J J t I C T p 1 - 7 d b l I - 0 - I J i . E i I J I H L F | l i > 1 ^ I . . T r r . . - i - i T . . . • • •

1 Sinking Fund No. 1, fur R^jtuiptioEi of Convertible Mortgage Bonds' Sinking Fund Xn. 2, for Kutomptlrm i4 California State Aid Bonds' Sinking Fund Xo. ^ for Redemption of First Mortgage Bonds of

The Company, Series A, ft, i? and D4 wiiiklnif Fund N<i. 4, for Redemption of First Mortgage Bonds of

the Company, Series Kt F. U, H rvnd I4 Sinking Fund Nu. 5: fur Kudemptiun of First Mortgage Bonds of

the Western taciltet Series A ninl B' titnklug Fund iNo. fi. fur ft̂ kiTjpMk>ii of First Mortgage Bonds of

Lite CutffLiniiiL ana Ore^n, Scries A and B4 sinking ! ciml \ n 7, for l(i.iili-in|.ri-.ii .f Income Bonds' Kinkiuif fund Xo. ft, fur R _'il amp Linn of First Mortgage Bonds of

the S*m PruncLsco, Oakhmtl and Alameda R. R1 Sinking Fund Xo. U, for Redemption at the First Mortgage Bonds

nf the BMA Joqquia Valley RT R4 United State*, Tmiii!j(ortatii>n and Sinking Fund Accounts4 Hfttariata i r> Shopg

inStore44 for Track Repairs44 for Bridges and Buildings

4 Fuel.Bills ReceivableAccounts ReceivableStocks and Bonds owned.Cash

$136,948,6808,047.1031,529,9611,052,589705,490155,772783,001342,000838,045

838,045

616,S73

141,835

694207206904600015

15

26

63

601,089 52674,925

100,000

46

CO

50,000 005,499,761 77587,449 8ii14,707

455,0a7348,878387,198

1,572,823412,768634,709

3,237,031

$166,575,829

660964845023156tt

34

By Capital Stock" Funded Debt" Government Bonds" Bills Payable ," Accounts Payable" Unclaimed Dividends44 Hospital Fund $ 95,175 6744 Trustees' Land Grant Mortgage 425,744 9344 Sinking Fund Uninvested 254,914 1744 Contract Wells, Fargo & Co 476,859 82 '" Profit and Loss

$59,275,500 0055,672,000 0027,855,680 00

955,746 60\4,806,071 69/

5,337 00'

1,252,694 5916,752,799 40

$166,575,829 34

E. H. MILLER, JR. , Secretary.

Page 10: BOARD OF DIRECTORS - cprr.orgcprr.org/Museum//Books/I_ACCEPT_the_User_Agreement/Digitized_b… · of subordinate officers as will give a general resume of the operations of the road

[ No. 2. ]

Funded Debt in Detail, December 31st, 1880.

CHARACTER OF BONDS.

Convertible Mortgage*

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

Dec. 1, 1862

July 1, 1864

Date of

Bonds.

JulyJuly

Jan,Jan.

Dec.July

Jan.

Jan.

July

Oct.

1, 18661, 1866

1, 18671, 1868

1, 18651, 1869

1, 1868

1, 1872

1, 1870

1, 1870

May 1, 1878

Amount ofBonds

Authorized.

$1,500,000

1,500,000

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

1,970,666'765,000

6,000,000

7,200,000

1,500,000

6,080,000

10,000,000

6,000,000

868,430,000

Amount ofBonds

Outstanding.When Due.

$ 342,000

1,500,000

,Jan. 1, 1883

I July 1, 1884

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

112,0001,858,000

765,000

JulyJuly

•*"

Jan.Jan.

4«<«••

Dec.July

1, 18951, 1896

««"

1, 18971, 1898

"*'

1, 18951, 1899

**

6,000,000

2,080,000

687,000

6,080,000

7,080,000

3,285,000

Jan. 1, 1888

(Jan. 1, 1892

,July 1, 1890

| Oct. 1, 1900

Oct. 1, 1890

! May 1, 1888

$55,672,000

Rate ofInterest.

7 per cent.

6 per cent.

Interest Payable.

January and July.

June & December.January and July.

I April and October.

8

) Sinking Fund commencing 1863.) 635,000 yearly.) 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-f mencing 1872. $50,000 yearly.

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

( Sinking Fund commencing 1876.j 8100,000 yearly.

) Sinking Fund commencing 1880.» 8100,000 yearly.) Sinking Fund commencing 1880.j" $50,000 yearly.

May and November 10 per cent, yearly commencing in 1879.

NOTE.—One hundred and twelve Western Pacific Bonds, Series "A," are reservedDecember 1st, 1865, still outstanding.

*Called in for payment.

by the Company unsold, to take up, or exchange for, the 112 Bonds of issue of

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

Page 11: BOARD OF DIRECTORS - cprr.orgcprr.org/Museum//Books/I_ACCEPT_the_User_Agreement/Digitized_b… · of subordinate officers as will give a general resume of the operations of the road

[ No. 3. ]

Statement of Profit and Loss for Year 1880.

To Interest

" Taxes

" General and Miscellaneous Expenses ..

" Legal Expenses

" Civil Engineering

" Land Department Expenses

" Dividends Nos. 9 and 10

Balance

$3,715,324 94

217,523 35

-378,696 82

155,586 57

16,C45 61

59,488 63

3,406,530 00

16,752,799 46

$24,702,595

By Balance to Credit of this Account Jan. 1, 1880

" Earnings for Year 1880 $20,508,112

" Less Expense of Operating 12,045,668

" Interest on Sinking Funds

" Operating River Steamers and Barges

" 200 Land Grant Bonds Redeemed with Proceeds of Land Sales..

" Dividends Wells, Fargo & Co

" Contract with Wells, Fargo & Co., Stock Sold

January 1st, 1881. Balance brought down

$15,382,538 61

8,462,443 99

254,617 08

3,527 52

200,000 00

51,328 00

348,140 18

$24,702,595 38

$16,752,799 46

E. H. MILLER, JR., Secretary.

Page 12: BOARD OF DIRECTORS - cprr.orgcprr.org/Museum//Books/I_ACCEPT_the_User_Agreement/Digitized_b… · of subordinate officers as will give a general resume of the operations of the road

[ No. 4. j

Detailed Statement of Earnings (Monthly) for the Year ending December J/st, 1880.

K I N D .

Freight Through

Freight . . . . . . . . . Local

Passenger Through

Passenger Local

Express Through

Express Local

Mail

Miscellaneous

Sleeping Car... .Through

Sleeping Car Local

Telegraph

Rental

Baggage Through

Baggage Local

Mileage

Through Earnings.

Local Earnings.

Total Earnings .1880

Total Earnings 1879

Jan.

191,433 07

580,458 62

81,615 91

248,478 61

3,048 41

10,342 24

33,774 63

25,615 52

4,848 00

4,608 00

7,267 25

5,281 89

2,503 67

1,333 76

317,228 69

Feb.

164,730 03

491,131 94

97,868 76

227,134 22

4,510 05

10,071 75

34,829 28

15,403 93

4,896 00

4,810 50

7,250 00

4,814 55

1,879 71

1,156 63

March.

135,212 19

709,807 48

120,994 93

311,167 47

5,536 16

10,769 96

27,626 21

21,405 30

7,320 00

7,266 00

7,250 00

5,709 59

2,061 87

1,310 96

April.

121,632 14

685,468 23

128,815 14

319,318 18

4,453 62

11,534 45

33,004 41

16,088 82

10,206 00

8,390 50

7,250 00

5,174 09

2,786 64

2,593 79

309.713 4ft 2*^.751 36 300,897 95

883,385 89 7< i,

1200,61458 1O7U.4&7 6b ibia.ibslO! 1356,71601

May.

182,646 18

844,929 64

207,698 31

428,596 33

4,173 57

14,032 85

33,004 41

22,868 09

11,790 00

9,552 22

7,250 00

3,662 09

2,247 58

442.074 fi«

June.177,074 00

831,452 46

141,211 45

375,408 16

4,133 06

18,727 86

116,897 66

23,174 36

10,452 00

9,180 50

7,250 00

4,560 16

3,623 17

1,805 59

July.

246,078 83

959,061 60

139,218 05

380,109 53

3,756 17

18,838 25

39,164 40

22,738 62

7,848 00

7,850 50

7,250 00

5,275 84

1,141 62

1,735 71

Aug.

228,286 41

11094,30714 1045,54912

itt:m 34 a

r4 1055,81806 i ^ ^ r i m - i ^ i , y:vw i44^t^4^

1089,166 46 1056,691 25 1280,27226'1406,60036 W7B.W1 02'1415,087 7*'145B,!H333 1556,457 431649,42967

149,«92 18

374,037 02

5,387 62

16,141 85

39,164 40

28,776 24

9,954 00

7,743 10

7,250 00

4,710 53

4,579 21

1,746 92

1,661 14

397,899 42

1973,437 76

Sep.

260,583 25

132,045 61

402,848 03

7,833 86

14,668 56

39,516 78

25,565 07

9,054 00

8,546 50

7,250 00

1,555 01

1,692 89

2,551 33

411,071 73

1575,53834 1553,92511

1964,99684

Oct.

300,584 XI

1179,944 01

117,020 38

397,904 19

8,056 5;>

16.478 Sti

35,985 60

28.479 30

10,362 00

8,135 5 ft

7,250 OU

4,952 Hi

3,080 7$

1,995 07

Xnv,

323,07 +51*

1170,245 (17

IKS, 18* W

386,110 I'Z

439,103 80

KJ.M77 W

38,605 10

29.42:2 Sfl

7tS72 50

7,260 00

5,200 OS

2120,22915 2190,-MW 44

Dec. TOTAL.

17,131 7fi

2,633,127 24

i>r: 10,612,730 55

0,914 10 [ 1,616,259 73

4,203,534 50

63,273 78

175,665 94

510,979 38

288,908 08

102,048 00

91,077 32

87,017 25

61,853 33

33,377 76

21,387 23

6,872 79

4,727,223 11

1681,125 35 liiV -̂UW Utf| 1473,131 Ml 15,780,889 77

0,720 00

7*131 fiQ

7,250 W)

770 2fl

i .-II * 40

1IKI5.331 >(> 20,508,112 88

1809,02160 1488,14188 1335,87018'l7,153,163 16E. H. MILLER, J R . , Secretary.

Page 13: BOARD OF DIRECTORS - cprr.orgcprr.org/Museum//Books/I_ACCEPT_the_User_Agreement/Digitized_b… · of subordinate officers as will give a general resume of the operations of the road

[ No. 5. J

Detailed Statement of Operating Expenses (Monthly) for the year ending December j/st, 1880.

K I N D .

Expense of Supt.Station Service.TelegraphTrainSleeping CarFerryWharfLocomotiveSnowRepairs of Track

" Snow Shed" Bridges" Buildings" Engines11 Cars

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

Totals, Operating Exp 1880 879,370 67

Totals, Operating Exp 1879 841,022 87

January. February.

6,055 1450,227 619,399 84

46,702 901,948 62

70,483 462,113 96

148,935 037,615 37

129,286 79304 17

9,181 423,994 22

34,342 5448,109 3522,128 774,779 45

742 651.042 50

980 004,527 755,186 612,204 051,503 84

267,574 63

7,183 5046,127 909,847 85

43,097 382,510 95

64,318 152,603 25

130,370 996,663 25

115,213 13127 11

5,968 083,697 47

33,048 1943,679 3122,254 789,817 75

725 93

1,078 225,411 285,303 952,821 751,222 85

274,650 83

837,743 88

868,059 66

March. April. May. June.

5,219 6648,513" 459,174 6644,598 301,756 7953,619 654,430 70

150,674 167,234 38

164,027 8462 07

7,625 124,994 6134,208 5253,738 2221,240 464,892 34

298 86713 00

6,168 456,706 924,540 651,397 31

271,729 95

910,789 35

855,712 41

6,219 6652,173 179,222 7146,751 592,478 5854,360 144,503 16

161,358 7823,148 20145,230 26

955 464,708 585,045 1932,224 5049,494 7821,881 805,247 49627 23643 9S

1,096 397,200 437,168 611,702 161,270 70

276,726 88

920,439 43

827,634 50

6,219 6647,637 519,406 2046,543 292,149 5160,279 196,777 49

169,727 985,221 20

206,474 41138 69

5,597 683,608 5832,828 5556,299 3021,501 924,117 521,914 37

1,851 705,066 246,310 393,436 291,964 57

279,238 38

984,310 62

844,609 87

52,915 5810,031 3360,076 372,125 2154,849 865,717 44

171,574 872,864 27

200,186 74918 97

5,690 997,473 1835,952 5062,927 5622,571 354,920 364.232 8843135

2,714 045,710 116.233 7211,407 25

60013279,909 63

834,878 27

July.

6,462 8453,667 019,833 2053,730 532,120 3056,130 464,848 75

194,521 682,024 00

192,606 8510,725 766,765 336,323 97

30,180 2468,516 3221,915 226,546 12

580 85543 54

1,040 956,734 377,356 30

1,501 94316,642 53

August. Sept.

67,603 619,813 54

55,936 082,403 61

55,143 123,873 40

217,970 923,737 77

186,0261935,077 2812,309 3210,015 7035,442 4051,767 0621,489 285,303 03

77 333,677 39

380 506,000 397,753 732,869 88

284,415 18

890,949 59 852,147 73

59,997 799,796 27

61,501 412,232 99

53,648 462,184 21

201,838 514,019 77

177,335 0035,469 6920,940 7010,462 4031,129 0650,385 9621,347 063,474 093,381842,336 05

918 624,860 527,658 592,198 28

290,124 78

6,327 1663,175 679,774 24

60,863 792,466 61

61,696 732,050 49

214,514 194,170 20

156,927 8317,808 87

832,752 46

Oct. Nov.

11,106 6736,981 8151,840 7621,628 675,786 401,394 671,478 421,675 176,312 58

16,205 004,243 13

378 97297,199 68

1008,12535 1056,25429 1075,12670 1063,56204 1075,50150 1108,744 66 1126,70050 12,045,668 89

888,876 03

6,014 6162,426 06

9,912 8973,807 172,207 88

62,454 462,736 14

258,035 974,246 57

130,449 03492 51

20,764 8812,203 2135,363 2275,389 3321,894 865,982 19

502 60553 05426 00

3,952 0810,024 233,049 74

305,866 88

818,278 23

Dec. TOTAL.

6,104 9964,654 7810,325 5769,687 40

1,859 7956,672 763,398 74

266,541 867,352 88

107,177 94595 25

17,532 7611,796 0046,216 5666,739 9323,252 626,685 103,841 21

614 682,225 40

26,415 5613,179 191,883 70

596 72311,349 15

74,206 86659,120 04116,538 30653,296 21

703,656 4745,237 73

2,286,114 9378,297 86

1,910,942 01102,675 88136,568 7590,721 20

417,918 10

263,106 7967,550 8421,244 7711,619 8515,098 9988,359 7699,087 2444,293 1110,437 03

3,454,427 50

852,941 27 10,207,862 89

E. H. MILLER, JR. , Secretary.

Page 14: BOARD OF DIRECTORS - cprr.orgcprr.org/Museum//Books/I_ACCEPT_the_User_Agreement/Digitized_b… · of subordinate officers as will give a general resume of the operations of the road

f No. 6. ]

Statement of the Earnings and Operating Expenses (Monthly)for the Years iSy8, iSygy and 1SS0.

Month.

1878.JanFeb . . . .March..

June . . .July . . .August.Sept . . .Oct . . . .Nov. . . .Dec . . . .

Totals.

Month.

1879.JanFeb. .MarchApril.May..June .July .AugusSept .Oct ..Nov..Dec.

Tota

t.

Is.

GROSS EARNINGS.

Coin.

760,084 86650,924 65863,615 11

1,002,645 451,033,496 26

933,639 151,053,410 931,241,010 371,236,151 781,224,782 871,020,885 02

888,157 10

11,908,802 55

Local.

781,847 60693,892 49897,955 39981,251 20

1,061,207 68926,073 71

1,060,068 471,148,743 351,251,354 051,335,449 321,018,064 09

968,732 03

12 124 flaa sftl

1880.Jan . . . .Feb . . . .March..April...May....June . . .July . . .August.Sept . . .Oct . . . .Nov.. . .Dec . . . .

Totals.

7 ^ 7 8 521,074,' 86 741,066*818 06lh;;. 13 041,271,..59 091,4^, "24 45lh.V'-' 38 34

Uia'l j25 35lTfl7*. iO9 091,478,131 09

15,780,889 77

Currency.

335,702 21316,585 41354,181 69520,842 70550,159 69453,210 54475,023 92482,553 94530,235 02545,244 54514,055 99544,760 35

5,622,056 00

Through.

307,318 86362,798 76382,316 87425,349 16518,383 34517,014 01398,764 86407,714 08398,075 62473,572 28470,077 79367,138 15

5,028,523 78

317,228 69308,733 83298,751 36300,897 96442,974 56453,391 34398,042 67397,899 42411,071 73439,103 80527,057 35432,090 41

4,727,223 11

Total Coin andCurrency.

1,(105,787 07W7,.ilO 06

1,! 96 80l,f»'r.-B8 151,1 v: .(54 951,396 4̂9 69l,i 34 851,7 2 \ 064 31l,7'<-.;86 801,77".H27 41I,,V;L »4i oi

1,-K1 117 45

17,530,858 55

Total.

1,0-•' 166 46],d.i. 191 25L>u,'J72 261,4'H i00 36I,f7 ' .91 021,4 J::.- »87 721,4;».S33 331,1 57 43l,<U'i 29 671,} i21 601,4 41 881,,HM , tfO 18

17,153,163 16

1,200,(14 581,070.487 351,?:7:.. 38 10l,ii:-.ri.716 011,77-87 601,; 50 431,H" 67 121,1 37 761,1 H.; 96 842,: 29 152,1!-1 66 441,1 21 50

20,508,112 88

OPERATING EXPENSES.

Coin.

562,779 01561,419 25583,602 29603,662 20650,713 31606,690 77859,975 00842,502 71908,368 93872,908 74809,411 22861,071 74

8,723,105 23

Currency.

1,763 343,471 443,458 435,710 283,180 962,862 45

21,168 994,708 043,974 692,200 841,368 863,348 93

57,207 25

Total Coinand

Currency.

564,542 35564,890 69587,060 72609,372 54653,894 27609,553 22881,133 99847,210 75912,343 62875,109 58810,780 08864,420 67

8,780,312 48

TotalOperatingExpenses.

841,022 87868,059 66855,712 41827,634 50844,609 87834,878 27890,949 59852,147 73832,752 46888,876 03818,278 23852,941 27

10,207,832 89

879,370 67837,743 88910,789 85920,439 43984,310 62

1,008,125 351,055,254 291,075,126 701,063,562 041,075,501 501,108,744 561,126,700 50

12,045,668 89

EARNINGS• OVER

OPERATINGEXPENSES.

531,244 72402,619 37630,736 08913,615 ei]929,760 68777,296 47647,300 86876,353 56854,043 18894,917 83724,160 93568,496 78

8,750,546 07

Earningsov'rOperat'g

Expenses.

248,143 59188,631 59424,559 85578,965 86734,981 15608,209 45567,883 74704,309 70816,677 21920,145 57669,863 65482,928 91

6,945,300 27

321,243 91232,743 47462,648 75436,276 58794,176 98716,825 08784,812 83898,311 06901,434 80

1,044,727 651,090,721 88

778,521 00

8,462,443 99

E. H. MILLER, JR . , Secretary.

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GENERAL SUPERINTENDENT'S REPORT.

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General Superintendent's Report.

GENERAL SUPERINTENDENT'S OFFICE C. P. R. R. Co.,

SAN FRANCISCO, June 30th, 1881. •

Hon. Leland Stanford, President:SIR : Herewith are presented Statements and Statistics of business

of the Central Pacific Railroad and Leased Lines for the year end-ing December 31st, 1880; also, Tables of Comparison with theprevious year.

EARNINGS.

Coin and Currency

OPERATING EXPENSES.

Coin and CurrencyPer Cent, of Expenses to Gross Earnings

1879.

$17,153,163 16

'1879.

$10,207,862 8959.51

1880.

$20,508,112

1880.

$12,045,66858.73

88

89

PASSENGER BUSINESS.

Earnings and number

EARNINGS.

Coin and Currency

of. Passengers Carried.

1879.

$4,919,254 63

1880.

$5,819,794 23

Passengers Carried

1879.

6,842,307

1880.

6,707,345

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[ 20 ]

In the General Passenger and Ticket Agent's Report, on pages39 and 40, will be found further details relative to this traffic.

FREIGHT BUSINESS.

Pounds.Total Tonnage for the year 1880 4,281,759,640Total Tonnage for the year 1879 3,750,687,240

Earnings from this source were :

In 1880—Coin and Currency $13,245,857 79In 1879 " " io,934,573 39

Statistics of interest pertaining to this branch of the traffic maybe found in the General Freight Agent's Report, on pages 31to 36.

MOTIVE POWER.

During the year there were 32 engines built in the East for theSouthern Pacific Railroad of Arizona, leased by this Company, mak-ing the total equipment (owned and leased) 296 engines. Of thisnumber an average of 25 were undergoing repairs in the shops ; 40were employed in construction, switching and miscellaneous Com-pany service; leaving as available for transportation purposes, 231engines. The number of miles run and cost of maintenance will befound in the following tables :

MILES RUN.

On Passenger TrainsOn P'reight TrainsOn Miscellaneous TrainsSwitching

Total..

1879.

2,161,5073,746,888

419,795875,401

7,203,591

1880.

2,288,6104,647,589

646,7061,067,546

8,650,451

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[ 21 ]

MILES RUN.

To one Ton of CoalTo one Cord of WoodTo one Pint of OilPounds of Waste, ioo miles

1879.

40.2128.0018.32

.66

1880.

38.8830-2319-51

.64

COST PER MILE RUN.

For Running RepairsFor Extraordinary RepairsFor EnginemenFor Fuel ...For StoresFor WipingFor Watching and Despatching

Cost per mile (in cents)

1879.

3-282.076.85

15.86•47-73•33

2959

1880.

3.20

6^8617.62

.46

.68•3i

30.76

CONSUMPTION OF FUEL AND STORES.

Tons of CoalCords of WoodPints of OilPounds of Waste

1879.

135,046/^63,739^

393,23847,421

1880.

172,769^65,510

443,21255,887

COST OF MAINTENANCE.

Running RepairsExtraordinary Repairs '.Engineers' PayFiremen's PayFuel ConsumedStoresCost of WipingCost of Watching and Despatching

Total Expense

1879.

$236,223 37H9.O33 57322,935 12170,691 35

1,142,048 4833,553o852,733 7624,041 21

$2,131,25994

1880.

$277,135 98140,782 12386,553 67206,460 97

1,524,5844239,317 8559,040 5926,791 64

$2,660,667 24

AVERAGE COST OF FUEL.

Coal, per TonWood, per Cord

1879.

$5 626 00

1880.

$7 034 73

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I 22 1

CARS.

Cars of all classes have received such repairs as were needed tokeep them in proper working order.

The following additions were made during the year :

Central Pacific Railroad.

5 Caboose Cars.2 Station Cars.

i Pile-driving Car.30 Dump Cars.

California Pacific Railroad.

1 Box Freight Car.

Southern Pacific Railroad of Arizona.

12 Second Class and SmokingCars.

6 Postal Cars.6 Baggage Cars.

16 Caboose Cars.1 Derrick Car.

i n Box Freight Cars.

1 Derrick Car for Tools.380 Platform Cars.

6 Platform Cars, fitted upwith tanks for water.

81 Section Cars.62 Hand Cars,19 Sail Cars.

Southern Pacific of New Mexico.

18 Platform Cars all fitted up with tanks for water.

Since the last Report, 15 Central Pacific dump cars and 1California Pacific caboose car were broken up; 1 California Pacificcaboose car changed into a box freight car; water-tanks were takenfrom 13 platform cars and the cars put in other service.

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The equipment owned and leased December 31st, 1880, was asfollows:

Passenger Cars 178

Sleeping Cars 41

Mail and Express Cars.. . . 26

Second-Class and Smoking

Cars r. 91

Baggage Cars 54

Officer's Cars 4

Box Freight Cars 2885

Box Fruit Cars 31

Box Cars for Powder 2

Box Cars fitted up with

tanks for oil 8

Platform Cars..'.., 2764

Platform Cars fitted up with

tanks for water 68

Pay Car 1

Caboose Cars 96

Derrick Cars 8

Derrick Cars for too l s . . . . 3

Station Cars 16

Tie Machine Car 1

Pile driving Cars 7

Dump Cars 122

Snow Plows 9

Section Cars 395

Hand Cars 397

Track laying Cars 27

Sail Cars 43

COST OF MAINTENANCE. 1879. 1880.

Sleeping CarsPassenger CarsBaggage, Mail and Express CarsSecond-Class and Smoking CarsOfficer's CarsFreight CarsMiscellaneous CarsForeign Cars

Total

$ 65,557 IS153,022 9238,422 2785,287 637,102 07

374,258 515,562 51

10,911 37

$740,124 43

$ 64,117 08146,274 4742,220 4816,206 179,660 45

370,857 787,391 48

12,159 97

$668,887 88

MILEAGE. 1879. I88O.

Sleeping CarsPassenger CarsBaggage, Mail and Express Cars.Second-Class and Smoking Cars .Officer's CarsFreight CarsC. P. Cars on Foreign Roads . . .Foreign Cars

Total

1,874,5895,171,1754,034,8752,032,999

102,95364,102,448

5,110,8804,174,752

86,604,671

2,060,3395,857,1664,040,6762,202,023

128,47471,642,6773,809,4415,084,019

94,824,815

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[ 24 ]

FLOATING STOCK FERRY STEAMERS.

The steamers in this fleet have been kept in iirst-class condition.

The Amador, Amelia, Capital and El Capitan had general repairs;

the other steamers, such as were necessary.

The following tables show the cost of maintaining and operating,

the number of miles run, together with the name, tonnage and

description of engine of each steamer:

Ferry Steamers.

NAME.

AlamedaAmadorAmeliaCapitalEl CapitanOaklandSolanoTransitThoroughfare....

TONNAGE.

813896386

1,989982

1,6723,5491,5661,012

No.

\

\I2I2

NUMBER, KIND AND SIZE OF ENGINE.

Kind. 1 Size of Cylinders1 in inches.

Condensing beam ' 42 x 120Non-condensing, lever . . . . 25 x 84Condensing beam I 36 x 72Condensing beam j 65 x 144Condensing beam j 36 x 144Condensing beam ' 60 x 144Condensing beam ] 60 x 132Condensing beam ' 60 x 132Non-condensing, lever . . . | 22 x 84

Miles run

1879.

159,025

1880.

166,984

COST OF MAINTAINING AND OPERATING. 1879 I88O.

RepairsWagesFuelStoresWaterCabin ExpenseDeck Expense .

Total

91,406 59112,738 24191,468 03

1,421 6810,021 34i,33i 022,706 75

411,093 65

103,285 76135,591 62259,509 55

1,676 6710,231 951,303 473,928 91

515,527 93

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[ 25 ]

RIVER STEAMERS AND BARGES.

This fleet consists of nine steamers and nine barges, all (with theexception of the steamer "Yosemite," which has been dismantledand laid up) in first-class order.

The following additions were made during the year:Two new stern-wheel steamers, the " Modoc " and the " Apache,"

equipped with low pressure engines, hydraulic steering apparatus andall modern improvements, were built at the Company's ship yard,West Oakland, and put into service between San Francisco andSacramento, (the former July 15th and the latter August i6th.)

A barge, the "Gen'l Garfield," of 1,000 tons carrying capacity,was constructed at the same place and put in the grain service onthe Sacramento river.

The steamer "Red Bluff" and the barges "Suisun" and" Mt. Eden " being unfit for further service, were broken up.

The barge " Napa " was sold to go into the lighterage service inWilmington harbor, leaving the fleet as follows :

Steamers.

NUMBER, KIND AND SIZE OF ENGINE.

No. Kind. Size of Cylindersin inches.

ApacheChin Du WanDover ,EnterpriseFloraGov. Dana . . .JuliaModoc ,Yosemite

4681811642462253005204681272

CondensingNon-condensing.

CondensingCondensing Beam..

2218141514

202257

x 96x 6ox 60x 60x 60x 60x 66x 96x 120

Barges.

NAME.

Ace of SpadesAlisoFarmerGenU GarfieldGov. Hayes

TONNAGE.

250400450

IOOO8<X)

NAME.

JacintoMonoMoultonYolo '.

TONNAGE.

8004OO400800

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26

HOSPITAL REPORT.

The following statistics showing the number of patients treated inthe Company's Hospital at Sacramento since the year 1870 will befound of interest.

YEARS

TERMINATING

DEC. 31st.

1a

IP. v 6<

6.5

Q

DIED. 1!

1870.1871.1872.

1873.1874.1875.1876.1877.1878.1879.1880.

43443851237o

528582407446352453

539915112596667412501340

18671628

80140125

175172108164

1520 I 136

1447 I 133116313

979130215611271

9951716

8371870184122032032

101015262071417131317

911

251811

2326

1710717

.92

.81•57•34.04.29

53

253°3621

2932452329

2540

MAINTENANCE OF ROAD.

The road bed and track have during the year received propercare and such repairs as were necessary to keep them up to theusual high standard.

At the commencement of the year, the number of miles operated,including leased lines, was 2,349^^.

There was added, by lease, at different times during the year,295TIA> m i l e s of main track, making a total of 2,644^/^ miles.

There was relaid with steel, during this period, on the

Central Pacific and Branches 9^TUH miles.California Pacific 2 7 ^ "Southern Pacific (Tulare Division) 2TUG "Southern Pacific (Wilmington Division) 1TUV "Northern Railway (San Pablo Division) y ^ "

Making in all I,5I9TXTV m ^ e s of main track laid with steel rails.

12 JGV miles of siding were added, giving a total length of3°7Txnr m ^ e s of side track.

In repairs during the year, 266,627 ti e s w e r e used.

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t 27 ] .

The Report of the Chief Engineer, on pages 43 and 44, gives fullinformation regarding buildings, docks, wharves, &c.

Since my last report, the Carson and Colorado Narrow GaugeRailroad has been built and opened to traffic, extending 100 milessouth-east from Mound House Junction, on the Virginia and TruckeeRailroad.

There has been built during the year, by the Southern PacificRailroad Company of Arizona and the Southern Pacific RailroadCompany of New Mexico (under lease to the Central Pacific refer-red to previously), 2953-^ miles.

There has also been added to the Southern Pacific of NewMexico, to June 30th, 1881, 78 miles, extending through to El Paso,Texas.

During the first six months of the current year, we have had themost encouraging signs of prosperity in all directions.

The approximate earnings to date of this Report, as comparedwith the same period of the preceding year, show an increase offully $2,400,000, which gives promise of the most satisfactory re-sults for the year 1881.

Respectfulty submitted,

A. N. TOWNE,

Gen'I Suft.

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GENERAL FREIGHT AGENT'S REPORT.

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General Freight Agent's Report.

CENTRAL PACIFIC RAILROAD CO., )GENERAL FREIGHT AGENT'S OFEICE, >

SAN FRANCISCO, June 20th, 1881. j

A. N. Towne, Esq., General Superintendent:

SIR : With this I hand you tonnage, and movements of Freight

Traffic, of this Company, and its leased lines; also tabulated

statements showing details of business, for the year ending Decem-

ber 31st, 1880. Also, comparisons with the previous year.

Yoursrespectfully,

J. C. STUBBS,

Gen91 Fr>t Agt

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Local FreightThrough FreightCompany's Freight

Total

Pounds—1879.

2,541,742,460439,368,170769,576,6io

3,750*687,240

Pounds—1880.

2,862,221,310558,438,280861,100,050

4,281,759,640

Of the Local Freight, there were forwarded of grain from theagricultural districts to the general markets, 768,621,320 pounds, in1879; and 855,413,430 pounds, in 1880, as follows :

First Six MonthsLast Six Months

Total

From which was earned

Pounds—1879.

234,019,310534,602,010

768,621,320

$967,737 10

Pounds—1880.

^4,398,550681,015,880

855,413,430

$1,004,328 40

The exhibit for 1880, as compared with 1879, shows an increaseof 12.61 per cent, in Local Freight, or 320,478,850 pounds, and anincrease in tons hauled one mile of 29.51 per cent.

In Through Freight an increase of 27.10 per cent, or 119,070,110pounds, and an increase of tons hauled one mile of 13.05 per cent.

Company's Freight hauled increased 11.89 Pe r cent, or 91,523,440pounds.

Exclusive of the grain to general markets, the Local Traffic showsan increase of 13.18 per cent, or 233,685,740 pounds.

There was an increase of 11.21 percent, in tonnage, and 3.78per cent, in earnings of the grain traffic of 1880, as compared with1879.

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L 33 ]

Average length of haul in miles per ton was :

Local Commercial FreightThrough Commercial Freight.!

Total

Company's Freight

Total

1879.

161.5882.2

267.7

131-2

239-7

1880.

185.7820.5

289.4

162.8

263.9

The number of tons hauled per mile operated, on a basis of,2,318.92 (average) miles in 1879, and 2,467.02 miles in 1880(average), was;

Commercial FreightCompany's Freight

Total

1879.

642.78165.93

808.71

1880.

69328I74.52

867.80

The Freight Earnings per mile, on a basis of 2,318.92 miles(average) operated in 1879, compared with 2,467.02 miles (average)operated in 1880, was :

Vear 1879 $4,715-37" 1880

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Comparative Statement of Principal Articles of Through Freightfor the years 1879 and

EASTWARD.

ARTICLES.

Antimony . .

Barley&Grain

Beans

Blankets . . . .

Butter

Borax

Can'dFrfs,&c

Coffee

Chinese Mdse

Cigars....

Curios

Fruit (Green)

Fruit (Dried).

Furs & Skins.

Fans

Glue

Hops

Honey

Hides

Horses

Hats

Leather

Lumber

Mustard Seed

Malt

Machinery...

Matting

Mohair

Pounds.1879.

17,010

26,563,550

1,522,130

110,840

20,600

144,360

5,461,600

2.799,450

1,009,230

14,210

255,900

7,550,980

2,110,070

375,810

229,740

2,517,150

258,240

5,315,680

85,000

15,640

1,825,530

686,210

656,760

21,880

1,137,820

62,010

70,370

Pounds.1880.

124,140

59,695,100

3,297,600

42,96u

2,400

476,940

10,271,180

3,855,690

864,670

156,200

999,700

5,185,650

590,980

442,120

287,620

367,530

1,659,470

986,170

4,343,170

72,500

32,960

1,542,950

2,097,260

739,180

969,110

500,120

23,400

66,050

Per cent Perct.Incr'se. Dec'se

623.81

125.10

109.93

230.38

88.06

37.73

64.06

59.79

281.88

110.74

205.63

12.56

43?9.20

61.24

88.35

14.32

31.32

71.99

23.49

38.04

18.21

14.70

15.48

56.04

62.43

06.13

ARTICLES.

Nuts

Ore

Ore, Silver...

Oil

Oil, Coal

Plants and B.

Potatoes... .

P'wd'r (Giant)

Quicksilver

Raisins

Rice

Silk

Salmon

Seal Skins )and Furs )

Sugar

Syrup

Seeds

Shells

Tea

Tobacco

Vegetables...

Whalebone . .

Wine&Br'ndy

Wool

WoolenGoods

Whiskey

Pounds*1879.

187,930

684,530

1,040,530

235,700

40,740

1,104,300

302,640

1,155,580

1,008,0-20

860,070

2,054,240

161.580

9,581,620

1,431/250

2,647,170

10,550

205,340

624,250

20,139,810

149,880

1,682,300

204,290.

7,799,460

38,053,060

199,750

42,290

Pounds.18S0.

37,680

1,214,020

921,380

603,100

35,090

696,340

309,740

1,398,000

790,630

184,530

2,628,890

139,510

15,095,900

1,588,370

5,339,310

46,310

112,780

1,212,220

23,472,930

31,400

2,184,560

455,730

10,759,870

30,469,580

250,430

None.

Per centIncr'se.

77.36

155.87

02.34

27 97

57.67

10.98

101.32

94.19

11.58

29.85

123.08

37.96

25.37

Perct.Dec'se

79.89

11.45

13.87

36.97

20.12

78.54

13.05

45.07

79.05

19.93

all.

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[ 35 ]WESTWARD.

ARTICLES.

Agric'lt'llmp.*Alcoh'l&Spifts

Ale, P. B.&C.Alkalies . . . .AlumAmmunitionAxesAxlesButterBoots & ShoesBacon &HamsBaking &Y.PBooksBitters. See

Liquors...Blue Vitriol..Blacking anc

PolishBrick (Fire).Burial Cases.Bags and

BaggingBatts and

Wadding ..Beef & Pork.Brushes .Butt'ns&PinsCheeseCandlesCarpetsClothingCannedGoodsClocks. . .CordageCarriagesCar Material.ConfectionaryCopperCranberries..Crockery . . . .ChainChair Stock.CigarsCoffeeCottonCutlery . .Dry Goods &

Domestics..Dried Fruit.Drugs ,DuckEggsEarthenwareEngin's(Sfm)

Furniture . . .Fruit (Green)Furnishing

GoodsGinsengGas Fixtures.GlycerineGrainGroceriesGlassHams. See

BaconHardwareH.H. Goods..HatsHorseshoes..HandlesIronIron Pipe . . .

Pounds,1879.

9,341,480860,760

5,358,030335,69023,140106,810476,560419,360304,520

2,586,3801,205,440235,190818,140

483,310639,790

266,0407,650

253,900

505,750

134,280144,010172,250159,010327,250

8,031,4702,077,8501,713,5503,033,120386,070432,880

1,581,650254,930J 18,540391,800253,020532,980274,390214,210495,310658,360141,290198,560

9,841,870858,150

2,826,810

749,720245,440306,770

2,209,1203,742,660176,970

231,980403,240127,860441,06020,100128,270

2,124,430

7,506,120

4,986,680915,360

1,157,680752,530768,540

0,648,9001,341,540

Pounds,1880.

8,056,3603,865,6904,413,670

529,18031,590

213,840394,740406,170797,290

3,164,1206,6t9,£20

491,8901,196,390

in Liquors67,080

266,810100,590204,100

422,210

246,670159,030210,430229,520410,170

1,842,9801,355,5602,518,0107,218,850

420,070608,060812,690

nR.R.ma168,860300,600344,490449,04072,120

208,290551,610256,360251,390236,610

26;01S,1201,971,3302,987,460in Dry

970,310266,520283,660

1,915,2604,081,910

400,470

414,920368,070146,140439,490none.603,420

3,500,400in Bacon

and Hams3,720.0701,132,4201,459,220

507,680595,750

7,303,5302,258,610

Per cent Per ct.Incr'se. iDec'se

57.4036.51

128.29

161.8122.31

151.6646.23

1214.90

83.7110.4122.1944.3425.33

52.19138.008.8140.05

terials.42.45

36.15

11.41

'78.0319.16

27.27129.72

5.68Goods.29.428.59

9.06126.29

77.91

14.29

J70.4264.77

U.9626.05

13.7540.5917.59

17.163.14

23.66

89.51

0.90

w.ei16.52

39.2034.23

48.60

23.28

15.7537.272.76

8.1313.32

8.72

0.36..all..

25.40

32.5322.4831.41

ARTICLE.

Iron Safes...Livestock..LardLumberLard Oil . . . .Liquors. See

Bitters . . .LeatherLocomotivesLamps,

Lanterns, &cMolasses...Machinery,

Pumps, &c.Musical Ins...

1 MarbleMefl (YellowMetres '.Mouldings.Meal, Corn)

and Oat. |NailsNutsOil (Coal)....Oysters in sh1:OilCloth. . . .PaperPotatoesPaintPlated Ware-Powder, Gun.PumpsPrinted mat'rQuicksilver,

in flasks...Rubber GoodsSoapSpi'ts (Cologne)StarchSugarScales and B.Seeds,Sewing Mach.Ship Chand'yShovels

696,640

1,198,1906,925,700

253,11017,618,dlO

829,620707,140

7,867,780

Solder, &c...SpringsStaves and H.Steel . . . .Stoves,

Ranges, &c.SyrupStamp'd WareSaddleryStoneShoes & Dies.ThreadTinTwineToysToolsTobaccoWagons and

materials..WireWheelsWooden wareWineWrood in sh'peWindmills...WoolenGoodsWood Pulp ..Wheelbarr'wsZinc

Pounds,1879.

919,040822,320

1,594,2502,000,6101,149,460

6,224,880498,380123,570

776,520260,5', 0

4,358,6101,062,900283,740163,86013,200

276,660193,450298.560129,200317,800

387,5401,777,710681,100

5,646,550725,730

4,563,470295,250185,310

1,472,490192,210689,910. 9,650451,120

1,889,7102,415,740

1,064,3601,260,810268,150249,670446,830'279,830144,490260,580542,240418,040276,080

6,510,860

6,730,9102,179,690

244,81081,670

332,780562,30074,090

732,950141,670Ift2,60078,840

Pounds,1880.

493,160588,340

2,377,480708,680830,250

6,987,030797,580

2,026,630

510.100629,870

4,799,8701,359,190

148,020106,730

624,450

1,022,9807,191,620

625,35023,471,0501,867,490

522,9209,220,400

361,480219,920197,280

in Machin479,160

220,7901,680,340

573,780n Alcohol1,434,8705,874,540

460,730307,950

1,141,790232,790471,83099,340

448,7601,764,6301,462,060

1,679,6704,087,220

244,940428,870105,040290,730247,400

2,860,380652,850630,150379,260

8,956,700

8,114,9902,057,100n Wagons

144,070230,240530,28086,340

1,510,850117,670195,75034,480

Per cenIncr'se

49.13

12.2460.02

1540.07

141.73

106.3627.87

3.84147.0633.22

125.12

17.19

30.6513.68

ery. ...50.77

97.7129.0156.0566.18

21.11

929!43

57.81226.74

71.65

71.22997.7720 3950.7437.3737.55

22.04

& mater6.40

16.53106.12

20.38

Perct.Dec'be

46.3428.45

64.5727.77

34.31

47.8334.86all..

10.16

14.62

26.08

33.92

43-. 036.601.26

22.46

0.526.62

39.47

8.65

76.49

5.61als...

30.815.62

i Cologne.

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Articles not shown in 1879 :

EASTWARD.

ARTICLK8.

Cement

Chocolate

Coal and Coke .

Copper

Cotton

Glycerine

Pelts

Shingles

Pounds,1880.

183,240

141,300

711,250

1,335,600

103,750

172,750

416,850

733,280

WESTWARD.

ARTICLES.

Axle Grease

Billiard Tables and Fixtures.

Corks

Extracts

Fire Arms

Hops

Oil (Crude)

Oil (unspecified)

Playing Cards

R. R. Material, etc

Pounds,1880.

175,470

288,450

90,780

96,320

251,130

83,580

1,570,830

2,187,530

123,340

85,503,870 1

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GEN'L PASSENGER AND TICKET AGENT'S

REPORT.

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[ 39 j

General Passenger and Ticket Agent'sReport.

CENTRAL PACIFIC RAILROAD CO.,PASSENGER AND TICKET DEPARPMENT

SAN FRANCISCO, June 15

A. N. Towne, Esq., General Superintendent:

,, 1, 1881. )

SIR : As instructed, I herewith hand you a general statement of

the Number of Passengers passing over the Central Pacific Railroad

and Leased Lines, from 1872 to 1880, inclusive; also, tables of

comparison, showing increase or decrease in travel east and west

' during the same period.

Very respectfully,

T. H. GOODMAN,

Gen"I Pass'r and Ticket Agent.

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YEAR ENDING DEC. 31ST.

1872.

1873.

1874.

1875.

1876.

1877.

1878.

1879.

1880.

*ThroughLocal

tFerry

Total

*ThroughLocal

tFerry

Total

*ThroughLocal

tFerry

Total

*ThroughLocal

fFerry

Total . . .

*ThroughLocal

tFerry

Total

*ThroughLocal

tFerry

Total

•ThroughLocal

tFerry

Total

*ThroughLocal

tFerry

Total

•ThroughLocal

tFerry

Total

Eastward.

21,646265,247

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

Westward.

34,040267,901

1,211,513

1,513,454

44,370293,351

1,311,649

1,649,370

55,509274,425

1,664,291

1,994,225

74,919285,413

2,147,750

2,508,082

60,565338.629

2,603,391

3,002,485

47,435542,903

2,971,094

3,561,432

37,556588,986

2,986,549

3,613,091

36,788621,459

2,865,799

3,524,046

34,280698,756

2,<~23,726

3,456,762

Total,East & West.

55,685533,148

2,415,141

3,003,974

67,856590,339

2,621,976

3,280,171

80,291544,158

3,238,280

3,862,729

105,341573,562

4,083,411

4,762,314

98,420691,282

4,982,957

5,772,659

78,6821,080,2536,661,621

6,820,556

63,4941,161.0926,754;602

6,979,188

62,0561,217,3625,562,889

6,842,307

64,6471,372,7805,269,918

6,707,345

* Through or overland travel between termini—San Francisco and Ogden.

t Ferry travel between San Francisco, Oakland, Alameda, Berkeley, etc.

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CHIEF ENGINEER'S REPORT.

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Chief Engineers Report.

CENTRAL PACIFIC RAILROAD, jCHIEF ENGINEER'S OFFICE, I

SAN FRANCISCO, June 30th, 1881. )

Hon. Leland Stanford, President:

The work of repairs and renewals incident to your extendedsystem of roads for the year 1880 has varied so little in its generalcharacteristics from that of previous years, that any detailed accountof it would be largely a recapitulation of former reports. The samecareful supervision as heretofore has been maintained by thosedirectly in charge of the work, and your road at the close of theyear was in a better condition than at any previous period of itshistory.

Much new work has been done in the construction of stationbuildings, section houses, and water stations, which it is not neces-sary to enumerate in detail.

But little damage from fire or flood was sustained during the year.The greater part of the embankment, and rock protection for the

same, for new terminal passenger depot at Oakland, was completedbefore the commencement of the rainy season. The buildings to beerected thereon this season will be ready for use before winter, whenall the passenger business of your road centering in Oakland will betransferred to this point. This will leave the present wharf whollyavailable for commercial business, for which purpose it can be main-tained at but little expense for a number of years, or until theimprovement of the San Antonio Estuary (now in active progress)is so far completed as to render practicable the. construction and useof slips and wharves for ships of the largest class in Oaklandharbor.

All renewals of track have been made with steel rail, and a generalimprovement in its condition is noted.

For details of work in this department, you are respectfully re-ferred to the report of the General Superintendent.

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t 44 1

The following table shows the length of the Central Pacific Rail-road main line and branches, operated December 31st, 1880 :

MAIN LINE. MileS.

San Francisco to Ogden 883.23

BRANCHES.

Oregon Branch—

Roseville to Redding 151.60

Visalia Branch—

Lathrop to Goshen 146.30Less So. Pac. R. R. to Junction 22

146.08Oakland and Alameda Branches—

Oakland Wharf to East Oakland 5.67Oakland Point to Masticks...'. 3.82Alameda Wharf to Melrose 5.19Fruit Vale connection 2.01

San Jose Branch—

Niles to San Jose 17.54 331-91

Total 1.215.14

Length of Sidings, Dec. 31st, 1 8 7 9 . . . . * 94-33Sidings constructed in 1880 5.53Sidings removed in 1880 1.74

Increase in Sidings 3.79Total Sidings, Dec. 31st, 1880 198.12

Total length of all tracks, Dec. 31st, 1 8 8 0 . . . . 1,413.26

S. S. MONTAGUE, Chief Engineer.

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LAND AGENT'S REPORT.

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Land Agents Report.

LAND DEPARTMENT, CENTRAL PACIFIC R. R. CO.,

SAN FRANCISCO, CALIFORNIA, Aug. i, i88r.

Hon. Leland Stanford, President:

SIR :—In former reports I have shown that :ACRES.

The land grant from the United States Government tothe Central Pacific Railroad Company of 12,800acres per mile, for 742 miles, is 9,497,600

Deduct for lands previously granted and reserved, say 1,500,000

Leaves 7,997,60bThe land grant to the California and Oregon Railroad

of 12,800 acres per mile, for 291 miles, is 3,724,800

Total 11,722,400

The grant to the C. and O. R. R. Co. provides thatwhere lands are lost to the Company by reason ofprevious grants or reservations, they can be madegood from an indemnity grant of ten miles wide oneither side of the twenty mile limit, which insures tothe Railroad Company the full amount of land granted.The value of these lands, at the Government minimumprice for adjoining lands, $2.50 per acre, would be.. $29,306,000

A large portion of this is the choicest agricultural and timberlands in the country, and will sell for a much greater price.

The policy of the Company and of the Trustees under the Land^ Trust Mortgage has been to sell the farming lands at low prices,

and on easy terms of payment to actual settlers, believing the best

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interests of the Company and the Bondholders are promoted byselling in limited quantities to those who will cultivate the soil, andwho will own the land they cultivate. By this means an industriousagricultural population is invited, whose improvements and the pro-duct of whose labor tend to enhance the value of the unsold lands.

Most of the lands that have been sold were purchased for gold, ona credit of five years; a payment of twenty per cent, being made atthe time of purchase, the remainder to be paid at the end of theterm, with annual interest, payable in advance, on all sums remain-ing due.

No sales have been made during the past year except for gold.There were sold prior to October ist, 1870, 127 ,637 /^ acres, for

$295,065.50, averaging $2.31 per acre; and up to December 31st,1880, there has been sold the timber on 1 2 , 8 9 0 / ^ acres of landreserved by the Government for mineral, for $25,598.60; and therehas also been received for stumpage $24,365.45.

Of the lands in the California and Oregon R. R. grant, there weresold, prior to the consolidation of that company witn the CentralPacific R. R. Company, 9 ,76o T ^ acres, for $18,443.36.

There remained due and unpaid, December 31, 1880, on landssold prior to October 1, 1870, $3)725.93 coin, and $80.00 currency.

Since the execution of the Land Trust mortgage, October 1, 1870,there have been sold to December 31, 1880, 639,962^^ acres ofland, for $4,116,259.74, being an average of $ 6 . 4 3 / ^ per acre—asfollows: From October 1, 1870, to December 31, 1872, 122,765^^acres, for $484,227.97, averaging $3 .94^ per acre; from December31, 1872, to December 31, 1873, there were sold 5 8 , 7 3 3 ^ acres,for $410,314.92, being an average of $7.00 per acre; from December31, 1873, to December 31, 1874, there were sold 63,846 j^ acres,for $388,824.26, being an average of $6.09 per acre; from December31, 1874, to December 31, 1875, there were sold 2 9 , 2 5 4 / ^ acres,for $163,725.27, averaging about $5.60 per* acre (this includes 160acres of granite quarry donated to the State); from December 31,1875, to December 31, 1876, there were sold 3 6 , 5 0 3 / ^ acres, for$275,400.75, averaging about $7.54 per acre; from December 31,1876, to December 31, 1877, there were sold 92,647^^ acres, for$1,203,870.14, averaging about $12.99^ per acre; from December31, 1877, to December 31, 1878, there were sold 78,iooT\£r acres,for $643,776.71, averaging about $8.24^1 per acre; from Decem-ber 31, 1878, to December 31, 1879, there were sold 43,258^^acres, for $201,716.25, averaging about $ 4 . 6 6 ^ per acre; and from

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December 31, 1879, to December 31, 1880, there were sold114 ,852-^ acres, averaging about $ 2 . 9 9 ^ .

From the date of the Land Trust Mortgage, October 1st, 1870, toDecember 31, 1880, there have been reconveyed to the Company bypurchasers who had purchased land on credit, and who were unableor unwilling to make their final payment of purchase and interest,3,120 acres of land, upon which there remained due and unpaid$16,392.00; .therefore, the accounts outstanding are reduced by thisamount, while the lands on hand to be sold are increased by thenumber of acres returned.

There were also received from December 31, 1875, t 0 December31, 1880, $625.00 from leases of railroad lands, and $10,938.13from stumpage of railroad trust lands.

There has been paid to the Trustees under the Land TrustMortgage, up to December 31, 1880, the sum of $3,212,074.53 coinand currency; deducting $ 9 2 5 ^ ^ discount on currency, leaves atotal of $3,211,149.29.

There remained due and unpaid December 31, 1880, on the landssold since October 1, 1870, $1,733,617.74 in coin.

It will be seen from the above statement, that as populationincreases, the value of the Company's lands is gradually advancing.Lands which in 1870, at the time of their conveyance to the Trusteesunder the Land Trust Mortgage, were considered worth from $5 to$7 per acre, now readily sell for $10 and $12 per acre ; and landswhich at that date were considered by intending purchasers as tooremote from settlements, are now sold without difficulty.

Some of the lands on the east side of the Sacramento River, inTehama and Shasta counties, covered by beds of lava, have hereto-fore had but little value. They were, however, used by the ownersof sheep, as they produced a certain amount of the earliest grasses.As sheep are increasing in the State, ranges are becoming moredifficult to be obtained, and this class of lands is now finding sale atabout $1.25 per acre.

It has been found that the lands of the " foot hills "—that is, thelands lying at the base of the Sierra Nevada, and extending anaverage of twenty miles from the valley up to an elevation of twenty-five hundred feet,—have a climate warmer than the valley at thesame latitude, and a rainfall in excess of that of the valley, increas-ing about one inch annually with each one hundred feet elevation.This is the explanation of the successful cultivation and prolificyield of orchards, vineyards and berries in this part of the State.

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[ 50 ]

The warmer climate of this region also explains the successful culti-vation of oranges, lemons and other semi-tropical fruits, whereverthey have been planted on these lands.

It was in this section of the State that placer gold was originallydiscovered. In an early day it was filled with a population of minersand prospectors, who, in a few years, extracted the gold from thebars and benches of the rivers, when the greater part of this popula-tion left for other " diggings." During this period but few effortswere made in the cultivation of this region. Wherever attempted,it was found that all the farm crops of temperate and semi-tropicalclimates thrived and produced abundantly. The climate was foundto be genial and promotive of health, especially to persons inclinedto bronchitis and weakness of the lungs. The policy of Congresswas to prevent the survey of these foot-hill lands, and to leave themopen to exploration by miners. After survey, the Land Departmentat Washington, in an excess of caution, reserved them, by proclama-tion, as mineral land, and,created so many expensive restrictions tothe farmer seeking title, that few settlers sought this section of theState. The attention of Hon. J. A. Williamson, while Commissionerof the General Land Office, having been called to the fact that thesweeping mineral reservation of his predecessor was retarding theprosperity of the coast and preventing the settlement of that largeportion of its area best fitted, by climate and soil, to the growth ofvines, orchards, and small fruits, he made an extended tour throughthis region and a personal examination of many farms and valuableorchards, to which—by reason of this mineral reservation—the oc-cupants were prevented from obtaining title from the Government.

As the result of his examination, he became satisfied that thepolicy of the Government should be changed, and that this region,embracing more than a million acres, should be thrown open tosettlement as public lands of the United States. Upon his returnto Washington, and after a report to the Hon. Secretary of Interior,an order was made revoking the original order and restoring theselands to the class of agricultural lands. The effect of this revocationis to relieve the agricultural settler from proving a negative, andfrom showing by testimony that his farm is not mineral. The bur-den of proof will hereafter be upon the mineral claimant, to showthat the land contains sufficient mineral to make it more profitableto be worked as a mine than for agricultural purposes. This actionby the U. S. Land Department is exerting a beneficial influence inthe settlement of one of the finest portions of the State. As theeven numbered sections within railroad limits in this region are

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[ 51 ]

taken by settlement from the Government, a demand will be createdfor the adjoining odd numbered sections belonging to the railroad.

An earnest effort has been made to induce the present Commis-sioner of the General Land Office to again restore the former condi-tion of things in the foot hills and mountains of California—toreserve the lands for prospectors for mines, and to discourage theiruse for orchards, vineyards, farms and homes—but in an elaborateopinion rendered during the last month, he reaffirms the policy ofCommissioner Williamson and Secretary of Interior Schurz, compelsthe miner to furnish the proof as to the mineral character of theland he may claim, and thereby dedicates to settlement and cultiva-tion many million acres of land in California.

The order of the Board of Directors, by which, after March 25,1880, interest on lands thereafter sold was fixed at seven per cent,per annum, gives general satisfaction.

The principal sales during the past year have been in Tehama, Butte,Placer and Shasta counties, where largely increased areas have beenplanted in wheat. This section of the State is rapidly filling up withan agricultural population, and the remaining unsold lands of theCompany in these counties will soon find ready purchasers.

The so-called desert lands along the Humboldt river, in Nevada,are being rapidly occupied by settlers. They are found to be veryproductive when water from the river or from artesian wells isbrought to them. In the vicinity of Battle Mountain, there arenineteen artesian wells yielding large supplies of water. The farm-ing and grazing lands on the Truckee and Humboldt rivers are nowgraded and in market, and quite extensive sales of them are making.

I again desire to call attention to the fact that as the State fills upwith population and experiments are made, it is found that landsonce considered as fit only for grazing, are really valuable for grainand orchards. Ten years since only prairie lands were ploughed forwheat and barley; now the low foot-hills bordering the plains arefound equally productive.

It will be but a few years when all the lands of the Sierra, belowan elevation of 3,000 feet, and within reach of transportation by rail,will be filled with homes and planted in grain and fruits. The landsof the Central Pacific Railroad Company may be regarded as amongits most valuable assets.

Respectfully,

B. B. REDDING,Land Agent.

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TRUSTEES' REPORT.

!I

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Trustees' Report.

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

SAN FRANCISCO, July ist, 1881.

Hon. Leland Stanford,President Central Pacific Railroad Company:

SIR: Our report of July ist, 1880, showed a balance of cash on

hand of $224,164.59; we received from the Land Department of

the Company $201,580.34 during the six months ending December

31st, 1880, the end of the fiscal year of your Company; and we

will also state that during the last six months, ending June 30th,

1881, we have received $310,923.90, making a total of $736,668.83;

and have redeemed 371 Bonds during the year, at a cost of

$399,667.82, leaving cash on hand, July ist, 1881, $337,001.01.

S. W. SANDERSON, ,J. O'B. GUNN, > TrUSUeS-

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Afticcra of th* I a'Iroad.

PIRECTORS ;

E. n. MILTJiR, JR.,CHAl K.ER,

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