PROFIT AND Loss ACCOUNT FOR THE YEAR ENDING DECEMBER 31, 1887. 1. Date when the road or portions thereof were opened for public use: Oct. 31, 1886. Nov. 16, 1886. From Saugus to Santa Paula.. From Santa Paula to San Buenaventura. $40 45 5,520 07 16 00 $5,576 52 $5,576 52 $5,576 52 $5,576 52 From San Buenaventura to Carpenteria. From Carpenteria to Santa Barbara... 2. Length of main line of road from San Miguel to Santa Barbara.. Length of main line in California.... 10. Total length of road belonging to this company 11. Aggregate length of siding and other tracks not enumerated above.... 12. Same in California.... 13. Aggregate length of track belonging to this company computed as single track.. 14. Same in California.. 15. Total lengths of steel rail in tracks belonging to this company, not in- Weight per yard, sixty pounds.. 16. Number of spans of bridges of twenty-five feet and upward, in California. 18. Number of wooden bridges (aggregate length 2,438 feet), in California... Bridges built within the year, in California. Feb. 8, 1887. May 18, 1887. July 1, 1887. Aug. 19, 1887. 93.35 miles. 93.35 miles. 93.35 miles. 7.47 miles. 7.47 miles. 100 82 miles. 100.82 miles. 74.16 miles. 108.40 miles. 4.14 miles. 26 10 19. Number of crossings of highways at grade, in California.. 118 37. Number of stations on all roads owned by this company. 26. Number of highway crossings at which there are neither electric signals, gates, nor flaginen, in California... 1. Locomotives.. ROLLING STOCK. Average weight of engines in working order 2. Tenders Average weight of tenders full of fuel and water. Maximum weight of tenders full of fuel and water. 4. Total length of heaviest engine and tender over all, 54 feet 5 inches 12. Other cars (caboose) 15. Number of locomotives equipped with train brakes. (Kind of brake: Westinghouse air.) MILEAGE, TRAFFIC, ETC. (Leased and operated by Southern Pacific Company.) 12. TABLE A. FUNDED Debt. To include all Bonds payable by the Company, except United States Government Bonds. TABLE C. LENGTH IN MILES OF ROAD AND TRACKS (SINGLE AND DOUBLE), OWNED BY THE COMPANY. State, separately, lengths within and without State. Reduce to single track by adding length of double track. Main line within State. Total on whole road, December 31, 1887 Total constructed during year.. Total within State constructed during year. } STATE OF CALIFORNIA, Charles F. Crocker, President of the Southern Pacific Branch Railway Company, and J. L. Willcutt, Secretary of the said company, being duly sworn, depose and say, that the statements, tables, and answers contained in the foregoing sheets have been compiled and prepared by the proper officers of said company, from its books and records, under their direction and supervision; that they, the deponents, have carefully examined the same, and that as now furnished by them to the Board of Railroad Commissioners, they are, in all respects, just, correct, complete, and true, to the best of their knowledge, and, as they verily believe, the same contain a true and full exhibit of the condition and affairs of said company on the thirty-first day of December, 1887. CHARLES F. CROCKER. Subscribed and sworn to before me, this fifth day of June, 1888. E. B. RYAN, SOUTHERN PACIFIC RAILROAD COMPANY. The Southern Pacific Company is organized under the laws of the State of Kentucky. It operates, under lease, railroad lines in California, Nevada, Utah, Oregon, Arizona, New Mexico, Texas, and Louisana, and steamship lines running from New Orleans to New York, Havana, Vera Cruz, etc. These lines include the Southern Pacific Transcontinental line. This report of the Southern Pacific Company includes complete statements of the financial condition of that corporation, and exhibits of the earnings, expenses, and operations of the lines comprising the Pacific System and Northern Division, which include all lines operated by that company in California. The lines comprising the Pacific System and Northern Division of the Southern Pacific Company, are as follows: Central Pacific Railroad and Branches. Stockton and Copperopolis Railroad. Berkeley Branch Railroad. California Pacific Railroad. Los Angeles and Independence Railroad. Los Angeles and San Diego Railroad. Northern Railway. Oregon and California Railroad. (State line to Ashland, twenty-six miles.) San Pablo and Tulare Railroad. San Joaquin Valley and Yosemite Railroad. Monterey Railroad. Pajaro and Santa Cruz Railroad. San José and Almaden Railroad. Southern Pacific Railroad of California. Southern Pacific, Northern Division. The Southern Pacific Company was incorporated March 17, 1884. CAPITAL STOCK. 1. Capital stock authorized by charter*. 2. Capital stock authorized by votes of company 3. Capital stock issued [number of shares, 890,277.7]; amount paid in. 5. Total amount paid in as per books of the company. 8. Par value of shares issued.... 9. Total number of stockholders 10. Number of stockholders in California. 11. Amount of stock held in California.. 14. Unfunded debt: Sundry liabilities... DEBT. Rental payable to Central Pacific Railroad for year 1887. 15. Total amount of unfunded debt 16. Total gross debt liabilities. Have no means of telling the residence of owners. 17. Amount of cash, materials, and supplies on hand; sinking funds in hands of Trustees, and such securities and debt balances as represent cash assets: $10,817,623 58 1,200,000 00 $12,017,623 58 $12,017,623 58 Due by leased lines, for operations year 1887. Other securities and debt balances $28.144 92 4,122,241 59 5,990,762 60 Due from lines under lease of March 1, 1885, for betterments and 1,327,595 39 $11,468,744 50 18. Total net debt liabilities 19. Amount of bonds or stock of other companies guaranteed, principal or The Southern Pacific Company pays interest on the bonds of the Oregon and California Railroad Company. Galveston, Harrisburg, and San Antonio Railway Company. Morgan's Louisiana and Texas Railroad and Steamship Company.. Total...... COST OF ROAD, EQUIPMENT, AND PROPERTY-ROAD AND BRANCHES. 18. Total for equipment-owned by Southern Pacific Company.. 1,836 $1,272,068 01 *The capital stock may be increased from time to time to such sums as may be determined by the Board of Directors, subject to approval by at least two thirds of the stockholders. |