Excerpt from Annual Report of the Board of Directors of the Southern Pacific Railroad Co. (Of California) To the Stockholders: For the Year Ending December 31st, 1881 Au exhibit of the earnings and operating expenses by months, a balance sheet, statements of profit and loss account for the year, and of the funded debt; as also a comparative statement of the business for the last four years, Will be found in Statements 2 to 6, inclusive. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.