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Excerpt from Report on the Allegheny Iron and Coal Mining Company's Property in McKean County, Pennsylvania, 1856 On a full paid-up capital of the above sum may be yearly realized. It is assumed that only three months' credit is given, and the actual working capital is returned three times a year, and everything made to bear a profit. There are some contingencies, however, that must be taken into consideration, such as fluctuations in the metal market, losses, delays, and accidents incidental to all such works as mining and metallurgy. These are to be set against gross profits; but I am very well assured that, after making ample provision for those casualties and depreciation, a dividend of twenty per cent. May be declared annually. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.