Show CACTUS READY shipments of new now ore for march pay expenses of mige that the production of the cactus aulne for or tho month of march was much luch R the heat best ever made by the property properly and that its physical condition with tho development of the new now ore body hody is constantly improving la Is freely breeb admitted hy by general manager aletto hanchett hatchatt Han chatt who returned from Now house sunday during the month GOO tons of the high grade smelting smelling sm elting ore were ivere shipped besides maintaining the regular production of tons of concentrates mr hanchett Han chatt does not give out th the a exact values of odthe the mines product lie ile says that the concentrates run from 15 to 20 per cent copper aal antl intimates that the smelting smelling sm elting ore is as as the concentrates minina men nien who have seen the new ore body and sampled it believe that it will average better than 20 per cent copper it however how e ver this may bo be mr han cl chett al ett says that the ore that Is being shipped virtually pays all A expenses of abe mine leaving the concentrates clear profit it Is to thus comparative lt easy to figure out approximately what the tho cactus mine Is making net three thousand tons of concentrates concentrate running 20 per cent copper with the metal at 20 cents a pound would bring this kept up for a 4 year would a profit for the mine of 2880 ON or a little better than 40 per cent of the New newhouse housa companas comp anys capitalization of not only Is this doubtless a conservative estimate ot of the companas comp anys earn inra in the future it Is believed that the management has ha much greater timings things in view the wondrous 1111 ties of the new ore body have not fiot yet penetrated the tae mind of the out ide side world and no special effort has uen ben made to enlighten it the management has lately been adding men I 1 to the mine force ag as rapidly as the they y could be secured much more labor has bas been expended in developing tho the new ore than has ban been employed in gutting it out for shipment it Is believed that a series of surprises Burp rises will be sprung during the year |