According to the best estimates of accountants who later examined the Central Pacific's books, Crocker and Company had received $13,657,624.70 in securities and cash, while the Contract and Finance Company had received $32, 615,452. These figures represented the discounted value of stock. In the case of Crocker & Company, the par value of the stock was $14,701, 710.22 and in the case of the Contract and Finance Company $23,726,000. The discounted value of the Crocker & Co. stock was $5,121,609; it was all turned over to the Contract and Finance Company. The accountants put the discounted version of stock held by the Contract and Finance Company at $8,889,452.
Heywood Fleisig, "The Central Pacific Railroad and the Railroad Land Grant Controversy," Journal of Economic History 35 (Sept. 1975): 555-56 .
Poor, Manual, 564, 682 .
"The Railroad Problem in American Politics," August 1, 1874, in Crane, ed., Newton Booth of California, 161.