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Domestic News
January 7, 1909
Hopkinsville Kentuckian
Hopkinsville, Christian County, Kentucky
What is this article about?
Madisonville's municipal light plant generated $11,395.86 in receipts and incurred $10,604.64 in expenses during 1908, resulting in a net profit of $791.22, better than a previous $6,500 deficit and representing 4% interest on its probable $20,000 cost.
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MUNICIPAL PLANT
What Our Next Door Neighbor is Doing.
Madisonville has a municipal light plant and the financial exhibit for January 1st shows that the receipts from the plant by the city during 1908 were $11,395.86, while the operating expenses, including all extension work and labor of all kinds were $10,604.64. A net profit of $791.22 is better than a deficit of $6,500. The profit, small as it may appear, represents 4 per cent interest on $20,000, probably as much as the Madisonville plant cost.
What Our Next Door Neighbor is Doing.
Madisonville has a municipal light plant and the financial exhibit for January 1st shows that the receipts from the plant by the city during 1908 were $11,395.86, while the operating expenses, including all extension work and labor of all kinds were $10,604.64. A net profit of $791.22 is better than a deficit of $6,500. The profit, small as it may appear, represents 4 per cent interest on $20,000, probably as much as the Madisonville plant cost.
What sub-type of article is it?
Infrastructure
Economic
What keywords are associated?
Municipal Light Plant
Madisonville
Financial Exhibit
1908 Profit
Where did it happen?
Madisonville
Domestic News Details
Primary Location
Madisonville
Event Date
During 1908
Outcome
net profit of $791.22
Event Details
Madisonville has a municipal light plant; financial exhibit for January 1st shows receipts of $11,395.86 and operating expenses of $10,604.64 during 1908; profit represents 4 per cent interest on $20,000, probably the plant's cost; better than a deficit of $6,500.