[506] Ibid., p. 1034, testimony of Spence.
[507] Ibid., p. 290, testimony of Lovett.
[508] Ibid., p. 305, testimony of De Friest; p. 311, testimony of Johnson; p. 312, testimony of Hall.
[509] Ibid., p. 219, testimony of Sproule; p. 152, testimony of Schumacher; p. 827, testimony of Kruttschnitt.
[510] United States Pacific Railway Commission, p. 2150, testimony of Shelby.
[511] United States Pacific Railway Commission, pp. 3304-6, 3362, testimony of Stubbs; pp. 3572-73, testimony of Gray.
[512] Frye-Davis Report (51st Congress, 1st Session, February 17, 1890, Senate Report No. 293, Serial No. 2703).
[513] The dividends declared by the Central Pacific Railroad Company from 1861 to 1898 were as follows:
| Year | Month | Per Cent | Amount |
| 1873 | September | 3 | $1,628,265 |
| 1874 | August | 5 | 2,713,775 |
| 1875 | April | 4 | 2,171,020 |
| 1875 | October | 6 | 3,256,530 |
| 1876 | April | 4 | 2,171,020 |
| 1876 | October | 4 | 2,171,020 |
| 1877 | April | 4 | 2,171,020 |
| 1877 | October | 4 | 2,171,020 |
| 1880 | February | 3 | 1,628,265 |
| 1880 | August | 3 | 1,778,265 |
| 1881 | February | 3 | 1,778,265 |
| 1881 | August | 3 | 1,778,265 |
| 1882 | February | 3 | 1,778,265 |
| 1882 | August | 3 | 1,778,265 |
| 1883 | February | 3 | 1,778,265 |
| 1883 | August | 3 | 1,778,265 |
| 1884 | January | 3 | 1,778,265 |
| 1888 | February | 1 | 672,755 |
| 1888 | August | 1 | 672,755 |
| 1889 | February | 1 | 672,755 |
| 1889 | August | 1 | 672,755 |
| 1890 | February | 1 | 672,755 |
| 1890 | August | 1 | 672,755 |
| 1891 | February | 1 | 672,755 |
| 1891 | August | 1 | 672,755 |
| 1892 | February | 1 | 672,755 |
| 1892 | August | 1 | 672,755 |
| 1893 | February | 1 | 672,755 |
| 1893 | September | 1 | 672,755 |
There were no dividends declared between September, 1893, and the reorganization of the Central Pacific in 1899.