The prairie news. [volume] (Okolona, Miss.) 1851-1875, 1859-03-03

: November,) will be three hundred an
f eighty thousand dollars $3.50 ,Ooo) Il
the present year. This, it will be seel
is over seven and a half ~ per cent, 0
, the entire cost of this part of The ron,
including rolling stock, machine shor
and equipments of every kind. This
before the road has any through come,
TONS"
These statements were made fror
the imperfect data then before us. tho,
apears by she official and complete re
turns that the net income of this part 0
the road, after paying all expenses, i
equal to eight and freight per cent o.
IT'S entire cost. The receipts on the soutl
end OF the road for the year ending De
cember 81, 1858, were seven hundre,
and fifty-one thousand eight hundred ant
eighty dollars and ninety-seven CENTS
(S75l,SS0 97.) The increase of recent,
IN 1898 over 1857 is one hundred ant
ninety-seven thousand four hundred anl
ninety eight dollars and seyentv-three
cents. ($l97493 49, The net income
Tor 1898 after paying all expresses, is fouI
hundred and twenty thousand one hun
dred and thlrty-one dollars and ninety-one
cents, ($420,13l 9l.)
This fixes the fact, beyond contingen.
cy that even without the road being ex.
tended, we can command our interest
account now, and in all time to come.
from our net earnings, leaving each wear
handsome surplus. The net earuiugs
per mile in 1887 was $1,3S9 AZ, in 1858
Sl,747, showing an increase of NET earn
Rgs per mile of nearly twentvsix per
cent The number of bales Of cotton
brought down by the road in 1857 was
s., 79S, in 1888 the number has run M
to lo2, 52S-an increase of G3, 500 bales.
ms Is not because the crop has in.
creased. On the contrary there has
been almost failure of crop in portions
OF the black lands of Mississippi The
explanation is found in the fact that the
road Is drawing cotton from the river
WINE cotton and other freights have
largely increased by the road they have
decreased by the Bighee River.
Nlth these facts in view, it is believed.
that when the road is finished to Colum.
bus Mississippi and to Okolona, with
an ordinary crop in the black lands. the
receipts of the south end of the road
alone will fall but little short Of a mill. |
ION OF dollars. II it should be found
mat we are right in this, the next ones.
Ion viii be, what mH tie entire road
y'eid when it is faished?
ms question we will not now discuss
II make further specuatons as to the
uture.
Attention is invited to statements
marked +. x f., showing the progress and
OF the land sales. During the
ear lands have been sold under the en-.
rgellc and careful supervision of the
ana committee at better prices and in
anger tracts than formerly. The enoui.
Tor lands is good and increased sales
re expected. These lands deserve to
G carefully looked after, and are destin- :
10 give to our enterprise powerful as =
stance.
Gratifying information has been re-
'lVed i'll regard to the prospects of an )
!rIy completion of the Paducah Branch =
our road. The city of Paducah has +
'ted tax for this purpose of $50, 600. -
III by letter from Judge Campbell. the q
resident, we learn the means are nrovi. !,
1T TO make the road as far as the Ten i
'SSee line. The part in Tennessee Ton :,
thirteen miles, will doubtless soon be ~
ade. 1t will be to the interest Of the >
oblle and Ohio L. Il. Company TO Give u
tne assistance in their power to push =
Is Important work through 4"
Inns Company is also greatly interes- u
q IN bringing the St. Louis and Iron =
ountain Road to connect with ours at Il
e present terminus Kentucky CITY ?
Is obviously TO the interest of thai "
aa 10 make this connection with rs It
ID tate Information leads to the belief q
al tne Directory of that Company will u -
decide. ""' b
ne report of the Chief Engineer and n,
7hefal superintendent having discussed II
Importance of our connections with ~
ler roads now in progress, it is not ~,
emed important to refer further to this A.
2Ject' Attention is, however specially So
'lted to the importance of the North ~ ~
ISL ana South West Alabama Road as 81,
eeder to our Road. 81
IN conclusion, the Directory tender to f.
Stockholders and the friends If tbn D. D.
I'd generally, their thanks for the aid ~ ~
eiVed In their efforts to advance the 81 81
IereSts of the great enterprise in which o oo,
are engaged. WI
MILTON Brown, President,
mobile and Ohio r. r. COMPANY cut
Negro Thieves in Pontotoc.