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Hawke's Bay Times, Volume 14, Issue 715, 6 September 1869, Page 3

Like Business.— A Shortland paper reports that a Dunedin drapery firm has purchased two allotments in Pollen-street, near the Karaka Creek, at £4 per foot, for ihe purpose of opening a large drapery establishment in that locality. A Stock Exchange is about to be erected at the same place at a cost of £I2OO. The following paragraph is taken from the Daily Southern Cross, 30th August: The 8.8. Hero, which arrived yesterday from Sydney and Melbourne, brought about IUO passengers, including more than 12 ruana« gers of Ballarat and other Australian companies. We are informed that nearly £200,000 has been brought over fjr investment, and one speculator alone cornea armed with £IO,OOO. The Lord Ashley also brought 70 passengers and a largo amount of capital for investment. We (Daily Southern Cross) have been informed by a gentleman who has recently visited the Upper Waikato that at the time the natives carrying arms and ammunition to the King patty were captured at Ngaruawahia, a much larger party were behind awaiting the late of the advance guard. On hearing that that they had been captured, the main body, it is said, proceeded round by Raglan, and succeeded in reaching Tokangamutu without interruption. A European in charge of one of the punts in which they crossed is reported to have stated that his suspicions were aroused by the jealous solicitude with which the natives watched their swags, which were unusually large.

Gold Pkosfecting- at Waibakapa.— The correspondent of the Wellington Independent writes as follows:—There are still parties out prospecting, as camp fires could be seen last week on the spurs of the lUinutaka. The Pioneer Gold Mining Company is now organised. The shares have been fixed at 150 at £1 each, and a committee consisting of the following gentlemen has been elected, viz. :—Messrs Revans, Caselberg, Kempton, Skeefc, and Fuller. Mr Re vans is manager, and Mr Caselberg treasurer.

The Weather on the West Coast.— fhe Hokitika Daily JNlews says: —" Tho weather we hare been compelled to enduro for the last week has been of that kiud which, in the early days, procured for the West Co.ist climate such an unenviable reputation. Since Sunday last, showers of rain, varied occasionally by downpours sucli as rare'y visit regions outside tho tropics, have fallen almost incessantly, the few intervals between which serving only by contrast io intensify their disagreeableness. We suppose this is a proof of the " compensations of nature," and that u.itil we have duly suffered from wet to make up for the tine weather of the earlier part of the year, J upiter Pluvius will rule the roast." ilokitika Bab.—The " Daily News " of the 2eJrd August, says :—" A futile attempt was made on Saturday to cut a channel through the south spit. The men certainly made a sort of cutting, but it was, during Saturday night's tide, filled up again, and the wash of the sand thrown up has tended to lessen the depth of the water in the old channel; as it is even at present, with a smooth sea, the latter channel could ba worked. 1c is impossible to expect a permanent and straignt channel out, no matter however so much labor may be emplayed with shovels, unless the river bank is protected and carried past the present cliuunei j and liie sooner this work is undertaken, lor the credit of the port and the interests of the public, a 3 well as shipowners, the better."

PAXKA. AND WaITOTARA SeXTLESS. —It wiil besaeu on reference to our parliamentary report, that the proposal of ihe Government to advance loans to the settlers of Waitotara and Patea for tiie purpose of enabling them to re-occupy their land, his oeeu carried by tlie Assembly. And it will be a matter of still greater congratulation to find the Premier declaring in his place in the House that the U-overnineiat wiil not allow anj of ihe natives who nave oeen in arms against us to return to thoso districts. With a large body of Agatiporous located about jNgutu-ote-mauu, uud a small perfectly organised European foroa to occupy Patea and one or two oi Hid irontier pjats, we may feel every confidence in tne future security of the district.— Wellington Independent, 31st August,