The Breckenridge news. (Cloverport, Ky.) 1876-1955, 1903-09-16
EVIDENCE or PROSPERITY

country, are being noted by the citi-
zens of each community with much
pleasure and satisfaction and antci-
patton as TO what the future holds for
the comfy. Some of the late crops
are the best in years and the year has
been a most favorable one for the
farmer The railroads have had an
immense amount of traffic, both pas
senger and freight, stock raising is
being carried on on a larger scale ;
the tie and stave and other timber
industries are receiving more atten-
ton and more attention is being paid
to the mineral resources of the county.
New manufacturing industries are To-
eating in the principal towns and the
mel chants of every community are
enjoying more extensive trade.
The people are asking for more mod
ern improv ements and are realizing
that they must have them if they
hope to keep pace with other progress
sive communities In a word, every
branch of business is prospecting as the
year draws to a close and the outlook
for the material prosperity of Brock
enridge county for the year 1904 is
very bright and encouraging.
Mr.. John Phelon, the tobacco hand
Ter of thi S city, says that the tobacco
crop in Breckenridge county is the
largest in nine years. The weed is
of fine quality and size and has not
been damaged by insects tnl unfavor-
able weather. The corn crop is IN
an excellent condition and an i'm
mense yield is predicted.
A number of facts like the above
might be given to prove the state
ments made in the opening paragraph.
But this step is unnecessary. Atten-
ton need be called to only one more
evidence of prosperity and that is the
excellent financial success Of the
Louisville, Henderson a. st. Louis
railway, during the year ending June
30, which will be found in another
column OF this issue. A railroad is
made by the country through which
it runs and the prosperity of the road
may be taken as an index to the pro-
gress and development of that country.
The L., II. d st. L. Ry. Co. has
about 50 miles of its line in Brecken-
ridge county and Its success may FAIR
ly be taken as an index to the pros
perity and development of the county
as well as the State.
Concerning the success Of the Hen
derson Route the Louisville Post has
the following to say:
THE annual report Of Mr.. Attila Cox,
president of the Louisville, Hender-
son q st. Louis railway, for the year
ending June 80, has been submit tied
to the stockholders Of the company.
The people of Louisville and the
/ people along the line of this road
who are interested in its success are
to be congratulated upon the progress
made since the reorganization OF
that company. Moreover, its prosper
ity is an index to the progress and de-
velopement of the State of Kentucky.
There was a belief that because il
was river road, so-called, il could
ndt be financially successful, but the
history of the road during the last
/ few years has silenced its critics
and made plain that it is a good pro-
perty now, and that with the growth
of the State Its value Will increase.
The gross earnings Of the road for
1908 were SS0S, 54G57, con- pared 10
S606, 0G4 A in 1902. The operating
expenses in 1903 were S576, Sj4. 10.
against Sjlj, 30 in 1900, leaving the
net earnings of 1903, 1921, 6O3. A.,
against $50, 294. A. In 1908, $40, $40 81
was spent IN improvements, against
S37, 94l. 40 in 1902, leaving net in.
come in 1903 of $3.50, 322. Sc against
Sl44, 3j3. % in 1902 Interest and taxes
] fNAN - fp'N ~ AbNp anu rl~ui NNN III
1902, leaving surplus against fixed
charges of SCI, 500. So for 1903, against
$40, 3j3 o.. the year before.
The mileage is the same in both
cases, but the gross earnings per
mile increased from So, ZAP to 81, 347.
The operating expenses were reduced
from 74.10 to 7l.34. Toe mileage Of
the Henderson road Is only 1S6 1t
completes with river rates. 1t goes
through country settled long ago,
and yet it increases its traffic first by
serving the commerce of the commu-
nifty as now developed, and second by
developing traffic IN new directions.
THE value Of such a road TO any
community is manifest.