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Otago Daily Times, Issue 21986, 22 June 1933, Page 5

One of the strangest industries that has grown up around large harbours in various parts of the world is that of fishing for lost anchors._ So valuable are these anchors that ships often mark the place where they lose them on their charts, and engage salvage companies to recover them. It is not at all uncommon for a ship to lose an anchor, owing to the enormous strain upon it and the chain, Whi 1 e modem science has eliminated most of the hazards of the sea, vessels must still heave-to when mountainous waves ■'and howling winds put too great a strain on the hnll for continued headway. There is then .only one thing left for a vessel to do —drop its heaviest anchors. Despite all modern devices for ship’s safety, the I anchor is still the emergency brake.