IMPORTANT SALE OF BUSH LAND.

Press, Volume XXXVI, Issue 5035, 27 October 1881, Page 2

IMPORTANT SALE OF BUSH LAND.

Mbsses J. T- Foeb & Co. report on their sals of bush land held at Geraldine, on Monday last, as follows:—In spite of the inclemency of the weather a large number of buyers assembled from all parts of the district, and the prices realised must be considered highly satisfactory. The result of this sale tends to show that bush gtOitttriy is rapidly increasing in value, and it would be very difficult to estimate what will be the value of forest lands in the course of a few years, ai clearings are annually extinguishing cor timber growing country, and no adequate provision is being made for future requirements. As the process of settling the country districts progresses, the want of good timber land must become a very important question, and property of this description, especially where it is contiguous to any of our railways, must always command extremely high prices. The following are the particulars of the sale:— PEEL yOESST. Lot I—so acres, at .£l2 10s per acre. 2-50 „ 12 10a „ 3—50 „ 12 10s „ 4-50 „ 15 0s „ 5-25 „ 12 10s „ 7—20 „ 11 0s „ 8-20 „ 9 10a „ EATTCAFUKA BUBH. Lot I—4o acres 3 roods, at £29 per acre. Lot 2—9 acres 3 roods 34 perches (right to remove timber only), £10 10a per acre. Lot 3—lo acres, at J628 per acre.