Show NEWHOUSE'S FAITH IN Superintendent Moffett of the Cactus mine at Newhouse Is in the city and during the morning made a report to Samuel Newhouse regarding development work at the property and the Improvements Improvements improvements Improve Improve- ments In the milling plant Mr Moffett assured Mr Newhouse that there never has been a time In the history of that property when there was such an abundance abundance abundance ance of high grade copper ores blocked out These ores carry values of from 20 to 26 per cent In the red metal At the milling plant the new crushers are In T place lace and the pumps which are being Installed to give the mill more more- water s supply will add materially to the output from this plant and In fact al almost almost almost al- al most double the present output of con con- After Atter Mr Moffett had completed his re report report report re- re port to Samuel Newhouse the later said that he was more than ever convinced convinced- with the magnitude of this wonderful j property and had no hesitancy In sayIng sayIng saying say- say Ing that he regarded It as one oT or the best i copper producing properties that had said been opened up Tn In years Mr Newhouse had The men working at t the mine have had confidence nAd c in It from the beginning and many of them bought the stock olla ora margin at the top prices These men are keeping up up the margins despite the I tendency of this stock in common with the entire list to show a depreciation In i value I 1 l too have v had every confidence In the ability of this mine to make great profits for its shareholders and have not only added to my holdings from time timeto to time but I am assisting some of my men to carry the stock that they have bought The stock Is certainly very cheap for forthe forthe forthe the richness of the great mineral mineraI deposits depos depos- its in the property and as as' we we shall hall soon begin the distribution of dividends I can vouch for the stability of this stock as asan asan asan an Investment security |