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Show If j BLUE ACRE'S CAMPAIGN, ji jj Financial Exhibit Shows Much "Work j j at Small Cost. t jj j A financial statement addressed by Wal I 1 lace W. Walt, treasurer of tho Bluo Aero fl Copper company of. Beaver county, to Its jj fl shareholders, shows that since Its Inccp- jj tlon tho management has applied to tho flMD systematic development of its territory J29.373.G0, while remaining In the treasury US and from which to derlvo further revenue i, (I are no less than 19S.C0" shares of treasury IS Steele Of this I0.G00 worth has been sub- . 3 scribed for. "That the company has ac- j X compllshcd so much during a period of , 1 two years and spent so small a sum," 1 ) j adds Treasurer Walt, "will occasion some j 1 1 jj .surprise, but we planned to prove our 1 way with us little risk ns possible, but '( j havo always considered our ground fully 11! 1 -worth all wc spent on It at least valuation, 1 In mine In the end. As to ore, while wc liave j ffm encountered a number of promising show- l w lnG3 of rich shipping ore, none of them f fm ,,fia resulted In bodies sufficient for cx- iM traction as yet. Everything Is now being , .11 centered on our No. 4 shaft development, . f 11 and thoro Is much assurance of develop- 1! 7'U Ing paying quantities of concentrating ore. I 'jj "It Is certain that we must sink deeper t. a in No. I shaft at an early day. If our It till hopes, based on Indications, arc fulfilled, ! I a mine will eventually result that will pay I; ill back all expenses to date, time and again, 1 , UhI at frequent Intervals." 1 - i? jjjl A supplemental statement by Henry M (''"'Ifl Crowther. the efficient general manager i Ifl of the mines, says It Is now practically i.tn assured that the company will eventually ; jjM open up a very valuable mine. |