Business & Finance: The Quezon Boom

South of Ottawa, in the sleepy little Canadian town of Arden, Ont., with a population of 255, there was last week a great hullabaloo. Eleven miles beyond Arden two prospectors named Newton and Alexander had staked gold claims. Ore from these diggings, assayed by the Canadian Mines Department, was reported to contain $200 to $600 of gold per ton. Hollinger Consolidated Gold Mines, Ltd., had bought the claims and was about to start drilling while dozens of mining engineers, hundreds of prospectors were stalking Arden's once placid streets. Again Depression, which steeps most...

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