Abstract: An anchor and a slidably adjustably carried tie-line for a floatable decoy duck or the like comprising a generally elongated non-rustable metal body preferably wider at one end than at the other, a continuous passageway for said tie-line extending from and returning to one end of and partially through said body, said passageway having an open side for at least a portion of its length, an elastic member carried by said body and overlying the open side of said passageway and forcibly engaging said tie-line, whereby to resist free travel of said tie-line so that the required useable length of said tie-line beyond said anchor may be desirably determined for anchoring the decoy for limited movement when floating and for unit storage with said tie-line under tension on said decoy ready for re-use.