ARROWTOWN.

Dunstan Times, Issue 741, 30 June 1876, Page 2

ARROWTOWN.

(from our correspondent.) The chief item of interest this last week has been the cold weather, which since Thursday last has set in in earnest. Still, it is by no means disagreeable, in fact on a fine clear sunny day the effects of the frost are more agreeable than otherwise, while as to the picturesque, the mountains of the Wakatip look their best when enveloped in their snowy white mantles from base to summit. In Municipal affairs there is little stir. Who is to be Mayor, and who is not, appears to be of little concern at present. I think Mr Henry Graham, a most respectable storekeeper here, will bo the coming man, and the very best the citizens could select. He possesses a pretty large share of ordinary common sense, and has the recommendation of being able to conduct his own affairs to a profitable issue. The intended new newspaper, the Lakes’ District Herald appears to hang fire ; what the directors are doing [ cannot tell, as their proceedings are most mysteriously secret, and this being the’tcase there is not very much public confidence in the undertaking, as, instead of the intended journal being a free and unbiassed expression of public opinion, it is thought that it will be merely the representative of a clique, and what is worse, in the hands of incompetent persons in the bargain. On this account a number of people have wisely withdrawn their promised support. Business is looking up a bit, not perhaps that there is so much more doing on account of the reefs, but a considerable amount of public confidence is inspired in their success in tho future. Our storekeepers and publicans want a bit of a turn, as they have been doing very poorly lately, while the majority of trade that has been done has been in the shape of barter. Some blame the local business people for not speculating more largely in the reefs, but so far as 1 see into the matter, they are acting the wiser course by paying their debts. Mr James M‘Lean purchased a one-fourth share—that of Mr W. Ptaven—in the Homeward Bound Company’s mine for the sum of LI, 120, so you see the value of our mines is rapidly increasing. Several other shares j changed hands on Saturday last, I am told. ! At present but verv little work can be done, | as travelling beyond Macetown is impossible.