ARROWTOWN.

Dunstan Times, Issue 799, 10 August 1877, Page 3

ARROWTOWN.

_ (from our correspondent.) This dull cold weather has brought almost everything to a standstill, and like everything else news is scarce. “ Nothing in the papers ” is quite applicable to this place ; but this is always tire case even let the weather he ever so vet and changeable onr Wakatip luminaries are unavoidably dry. However, as you must have copy of some sort or another, for it would never do to come out with a blank sheet, I will just retail what little gossip there is going about. Of course you all know the irrepressible Captain William Jackson Barry. Some say overtures have been made to him by the Emporior of Russia as well as by the Sultan of Turkey to accept service under these potentates, hut whether with the sea or land forces lam unable to Say. As the gallant Captain is quite amphibious it matters little, he is able forcither. Captain Barry’s hook of his eventful life is almost ready for 'the press, and negotiations for publishing arc said to be pending. The names of 3,500 subscribers have been obtained. The news from the reefs, so far as what is doing is highly encouraging. The Victor Emmanuel Company have hit upon a splendid run of stone, and shares arc changing hands at high figures. The -Homeward Bound Company and All Nations are upon excellent stone, and the Spring crushings cannot fail to prove highly satisfactory to the shareholders. I hear that there are purchasers for shares in both of these mines at remunerative prices. There is very little to doubt hut that things will look up here considerably this summer, for it is no exaggeration to say that, the more the reefs are opened up the better they look.

I loam that tilings at thu Upper Hhotovor are brighter. The Phoenix Compaty have a fine lot of stone to break out. At present they are makings few impromonts in their machinery so as to make a good start in the Spring. Southberg and Co., in the Otago claim, are getting out some good stone. The Nugget and Cornish arc also on an improving run of gold. The farming interest should look up next summer, as although wheat will surely fall in price there is little to doubt but that whatever may bo obtained for the coming seasons crop it will bo highly remunerative. A very large area of land is under wheat this season, and our agriculturists should make a rise. Trade is dull, and all are complaining, but there is a deal of want of enterprise on the part ot Our business people, and who seem to desire to reap the profits of an enterprise without venturing anything.