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ARROW.

(From our own Correspondent.) , , ... AbUoW, June 22, A very hopeful spirit prevails as to the prospects of the three large mining companies now in active op.ration on the Arrow, ine new turbine of the United Company is freely answering the expectations formed ot it, and will most likely in a few days e the sinking of the shaft to bo proceeded w itu. Ihe Universal Company have seven men at work mcanog the tad-race, and null shortly proceed .o erect pumps and sink. The Sons of Fortune are getting into better-looking country, and have obtained prospects, although not In any regular layer of wash. Taken generally, muring prospects are decidedly improving. An easier feeling prevails also in reference to the settlement of the Crown Terrace, and opposition to it is much less than it was a short time back. The news from Skipper’s Reefs continues very favorable. Southberg and party ® * a te crushing paid the party wages at the rate of L 9 per week each, and the Phoenix tributerd arc turning out very good stone. Shares m the tribute (eight) are valued at L4OO each. Considering the short time since the formation of the party it is an instance of success. Reels partly opened in former years are being actively looked up, and the provision made by the Governm ut for public works causes general satisfaction.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/ESD18750625.2.13

Bibliographic details
Ngā taipitopito pukapuka

Evening Star, Issue 3849, 25 June 1875, Page 2

Word count
Tapeke kupu
228

ARROW. Evening Star, Issue 3849, 25 June 1875, Page 2

ARROW. Evening Star, Issue 3849, 25 June 1875, Page 2

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