ARROWTOWN.

New Zealand Tablet, Volume IV, Issue 172, 14 July 1876, Page 14

ARROWTOWN.

July 7, 1876. Nothing of importance has transpired about the reefs at Macetown since I wrote you last, except a few particulars that show they are worth the notice of speculators. Two of those fortunate prospectors who spent some time among the mountains without any pay but that of hope, and finding their whistle getting dry, sold out of the Homeward Bound ; one, 16 shares, for £1120, and the other, six at £100 each. The mountains are at present covered with snow, so that no news of importance can be communicated until the sun deserts the tropic of cancer and favors us with an increase of his rays. The Universal Company are at a standstill, making no progress. The New Arrow River Company seem to be in the same predicament. They have beaten down the water to a certain level, but cannot go further 5 the only thing they can do is to keep the water at a standstill. There are several other claims up the river paying good wages. The prosperity of the district will, in a great measure, depend on the opening, of the reefs. There was a meeting of the Arrow District Miners' Association on Saturday evening, Ist inst. They passed a vote of thanks to Mr. Thomas Hall for the opening of the 12-mile reef. They recommended that he should be presented with a testimonial from the district, and that the Government be requested to grant him a reward. The Arrow people are beginning to look after their own interests now. Up to the present they were dependent on Queenstown for medical advice, and also for a representative in the Fourth power. Now they have secured the services of a thoroughly competent physician, and steps are taken to procure a thoroughly independent paper. — I am, &c. A Resident.