Show AFFAIRS Oy OJ TEE PRE ANCHOR Director Speaks Wo Words s of Henry Newell of the executive board of the Inches Anchor Mining company was sought ought ht yesterday for an explanation of oft the t rapid advance in price I rice offered oe for tor forthe forthe the stock in that corporation Prom Frost 7 k bid U It has g gone nc up UJ within the p past t three or four days u tt l 1 per share and not a sale rale If ro is far tar a as al known has been made at that price p pr Mr r Newel Newell acknowledged d that some ome extensive development d n work was being hells planned but he be said id i It was yet vet a little early to say Bay Just what t it would con n 1 slat aim of The management was avoiding all extravagance and t the Hse i miRe mint was now giving a good account of Itself and he was not preps prepared red to deny ny that the tbt dividend playing period I was fast approaching The Anchor A has been a most ex cx expensive I pensive mine to open and operate said Mr r Newell but I believe bellet I am m g safe te in f j saying that we are arc now getting pretty well out of the woods wooda and the property I which ha has been n kept in operation through all ail the years tars of low prices on un I slit sliver or anti and lead making it th t the maln main mainstay stay of th the camp during its gloomiest t days In lit now approaching that point where hen it wit wl be able to do clo mb something I for the plucky who in the years past uncomplainingly went down clown downIn i in their pockets ro to keep keel the wheels I turning The mill is doing magnificent work these theft days daya and I can ran truthfully say that at no DO time since sime sl e I have been bee beena n na I a shareholder In I the company has bas the outlook been n as bright The Anchor Ancho Is It isaH all aH right ht and it will m tone cone to the front frontone frontone frontone I one Oi oZ these days in a manne that will m repay the shareholders tOt Its all their years y ars of patient waiting I I |