Show CACTUS OPENS BIG 1116 BIGON lf ON LOWER iO LEVELS Developments on and Highly Please Manager Hanchett Hanchett Lafayette g general manager of or the Newhouse companies who the first of ot the week weel made his first exam exam- of at thc the Cactus mine since he returned from Europe yesterday tx- tx tx- tx x pressed great gret satisfaction with the development development de dc- de- de showing that is being made mace on tho the and levels luvel of ot tho the mine On the thc level the time drift has been run for tor feet and ond the time big ore arc bo body y has been een crosscut for or more than 10 I feet teet while on tho the the tho th drift ha has been run feet fee and anc the crosscut 1 Is I in 50 feet On both of ut those levels said Mr I. I Hanchett Hanchet there is every evidence evi- evi dence that tho the ore body boiS boiS' is tul fully as cs larga It I Is on tn any of ot the upper levels levels lev lev- els and that it It I has at least lost nothIng nothIng nothIng noth noth- Ing Ing In values This fils menus means meals that the tho thomine mine Is being being Increased In size er very verj rapidly h and that with wih somewhat bettel better better bet bet- ter tel prices for metals the time time old old production pro liro- can be discounted h with Ith assurance assurance assur assur- ance of long life lre At the present time the tho mill mi Is running running run run- ning at one half ole capacity and only about 40 per pet cent of thu normal force torce Is 11 employed In the mine mimic mile While the timm mine could coult put out full tul production with a 0 fair profit prof at It tho the present price ol ot copper It I Is regarded as unwise to do doso doso to toso so when there Is every assurance that within a 0 few tc months copper will wl b bp selling three or four cents cent higher than It I Is now no It I Is deemed the te better polio policy to saVe sav that extra profit for tor th the stock stockholders holders holders |