Estimate 2,500,000 Is Spent Yearly in State Because of Running of the World Famous Derby, Daily Racing Form, 1952-05-03

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Estimate 12500000 Is Spent Yearly in State Because of Running of the World Famous Derby DerbyCHURCHILL CHURCHILL DOWNS Louisville Ky May Z Economists estimate that 512500000 is spent in the state of Kentucky because of the Kentucky Derby run ¬ ning The estimated 100000 or more visitors give or take a few thousand are of the class who usually demand the best in food and lodgings seek good entertain ¬ ment and entertain often lavishly themselves During Derby week Louisville hotels restaurants night clubs buses taxicabs and taverns are taxed to the limit Local merchants share in the good times timesA A surprisingly large number of Derby Week visitors take the side trip to Lexington to visit the famous and historic farms which dot the heart of the Blue Grass a side trip which adds to the enjoyment of the Derby season Others late arrivals stay over for days at sightseeing after the event eventTransportation Transportation companies reap a harvest too on the Derby for rail plane and bus accommodations are in tremendous demand demandThe The Derby is the kind of event by which everybody is the gainer remarked an economist The visitor who spends his money gets dollar for dollar value in the excitement of Derby Week and the thrill of seeing the race itself and busi nesswise the race stimulates all trade in Kentucky


Persistent Link: https://drf.uky.edu/catalog/1950s/drf1952050301/drf1952050301_2_5
Local Identifier: drf1952050301_2_5
Library of Congress Record: https://lccn.loc.gov/unk82075800