The semi-annual interest which matured July 1, 1883, is included under the heading "Interest paid by the United States."
The Commissioner reports the total indebtedness of the several subsidized Pacific railroads to the United States on June 30, 1883, to be as follows:
TOTAL DEBT.
Union Pacific (including Kansas Pacific):
Principal . . . . $33,539,512 00
Accrued interest . . . . 31,087,183 50
Central Pacific (including Western Pacific):
Principal . . . . 27,855,680 00
Accrued interest . . . . 25,120,804 21
Sioux City and Pacific:
Principal . . . . 1,628,320 00
Accrued interest . . . . 1,464,297 49
Central Branch Union Pacific:
Principal . . . . 1,600,000 00
Accrued interest . . . . 1,549,808 26
Total . . . . 123,845, 605 46
TOTAL CREDIT.
Transportation services performed and money paid into the Treasury:
Union Pacific . . . . $13,535,040 05
Central Pacific . . . . 7,653,813 07
Sioux City and Pacific . . . . 121,355 39
Central Branch Union Pacific . . . . 159,084 01
Total . . . . 21,469,292 52
Balance in favor of the United States, but not due until maturity of the principal (1895-'99) . . . . 102,376,312 94
CONDITION OF THE SINKING-FUND ACCOUNTS.
The Commissioner gives a detailed statement showing the condition of the sinking funds of the Union and Central Pacific companies, held by the Treasurer of the United States under the act of Congress approved May 7, 1878, from which it will be seen that on June 30, 1883, these funds amounted to $4,036,713.45; the Central Pacific having to its credit $2,404,015.86, and the Union Pacific $1,632,697.59. Investments have been made by the Secretary of the Treasury as follows:
| Character of bonds. | Union Pacific. | Central Pacific. | Total. |
|---|---|---|---|
| Funded loan of 1881 (5 per cent.) . . . . | $256,450 00 | $736,700 00 | $993,150 00 |
| Funded loan of 1907 (4 per cent.) . . . . | 32,650 00 | 199,100 00 | 231,750 00 |
| Currency 6's . . . . | 361,000 00 | 444,000 00 | 805,000 00 |
| Principal . . . . | 650,100 00 | 1,379,800 00 | 2,029,900 00 |
| Premium paid . . . . | 124,065 43 | 179,563 73 | 303,629 16 |
| Total cost . . . . | 774,164 43 | 1,559,363 73 | 2,333,529 16 |
