The balance to the credit of the income account December 31, 1885, as shown by the following statement of revenue and expenditures from the books of the company, was $3,121,932.05, or $3,344,281.27 after excluding expenditures for new construction and new equipment, which are shown in detail on page 8. This balance is reduced $70,435.98 by reason of the difference in the amount of the United States requirement, as stated by the company and found by this office, the company's statement being $1,184,053.05, while that of this office is $1,254,489.03. Revenue and expenditures for the year ending December 31, 1885. Surplus, excluding expenditures for new construction and equipment. 3,344, 281 27 Auxiliary lines. Union Pacific system. The following tables will show the earnings and expenses of the system during the years ending December 31, 1885 and 1884: 1885. 1884. 1885. 10, 674, 192 03 906, 741 39 1,847, 265 80 9,767,450 69 10, 789, 175 21 47.23 49.87 78.99 83.91 71.48 76.38 58.83 62.32 54.62 57.95 1,832. 45 1, 831.90 2, €69. 30 2,588. 40 $9,525 52 4,671 68 $9,736 92 4, 599 01 $3, 173 17 $3,021 26 2, 506 41 2, 159 46 Comparative statement of earnings and expenses of the Union Pacific System for the years 1885 and 1884. Earnings and expenses for the years 1885, 1884, 1883, 1882, 1881, and 1880. The mail earnings for 1884 and previous years have been revised by deducting the amount disallowed by the United States Government, in accordance with the decision of the Court of Claims. The taxes for 1884 and 1883 have been revised by transferring to the taxes of 1883 $244,938.02 properly belonging to the taxes of that year, but paid in 1884. Comparative statement of earnings and expenses of the Union Pacific Railway Company for the years 1885 and 1884. Earnings and expenses for the years 1885, 1884, 1883, 1882, 1881, and 1880. The mail earnings for the years 1880 to 1884, inclusive, have been revised by deducting the amount disallowed by the United States Government for mail service during that period, in accordance with the decision of the Court of Claims. The taxes for 1884 and 1883 have been revised by transferring to taxes of 1883 $204.934.21 belonging to the taxes of that year, but paid in 1884, and included in expenses of that year as previously published. |