Statements Respecting the Profits of Mining in England Considered in Relation to
Statements Respecting the Profits of Mining in England Considered in Relation to
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17, 760 Capital embarked in Class 1 249, 320 Do. Do. Class 2 193, 000 Do. To be added to complete the work . . 18, 000 211, 000 Do. Embarked in Class 3 13, 000 Do. To be added to complete the work . . 21, 600 34, 600 Do. Embarked . In Class 4 98, 400 < 593, 320 Capital, =593, 320. Profit ^82, 240. Rate of Interest about 1 4 per cent.
This i& the clear income which any one, having the same share in the whole, would receive his proportion of, after allowing for payments to unprofitable concerns, ...and which income, as I have before stated, may probably advance to al40, 000.
My expectations, as to this increase of in* come, will not appear very unreasonable, ( 17 ) when it is apparent that, by putting a stop to the investment and the loss at once, the pro- fit of ^135^600 would remain. This would, however, be an act of folly, as profit is likely to arise from the one, and the losing mines will, of course, only be continued until all reasonable prospect of improvement is over.
I subjoin the following particulars, though not essential to the argument.
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To quickly assess the difficulty of the text, read a short excerpt:
17, 760 Capital embarked in Class 1 249, 320 Do. Do. Class 2 193, 000 Do. To be added to complete the work . . 18, 000 211, 000 Do. Embarked in Class 3 13, 000 Do. To be added to complete the work . . 21, 600 34, 600 Do. Embarked . In Class 4 98, 400 < 593, 320 Capital, =593, 320. Profit ^82, 240. Rate of Interest about 1 4 per cent.
This i& the clear income which any one, having the same share in the whole, would receive his proportion of, after allowing for payments to unprofitable concerns, ...and which income, as I have before stated, may probably advance to al40, 000.
My expectations, as to this increase of in* come, will not appear very unreasonable, ( 17 ) when it is apparent that, by putting a stop to the investment and the loss at once, the pro- fit of ^135^600 would remain. This would, however, be an act of folly, as profit is likely to arise from the one, and the losing mines will, of course, only be continued until all reasonable prospect of improvement is over.
I subjoin the following particulars, though not essential to the argument.
What to read after Statements Respecting the Profits of Mining in England Considered in Relation to?
You can find similar books in the "Read Also" column, or choose other free books by Taylor John to read onlineMoreLess
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