KIMBOLTON LAND SALE.

Dominion, Volume 1, Issue 99, 20 January 1908, Page 2

KIMBOLTON LAND SALE.

HON. J. BRYCE'S AND MR. M'BETH'S ] ESTATES. • , The sales of the Hon. John Bryce's estate ai)d a property of Mr. R. M'Betli, at Feeding on Saturday, were an important event which had been anticipated 'with, interest for. some timo past. The following reports of the sales have reached us"' V, The Press Association telegraphed from Fejlding on Saturday ; "A land, sale was held here to-day. The Hon. John Bryce's Makonui Estate and Mr. It. M'Beth's Wharekoa Estate, pomprismg a total of 2800 acres were offered. Altogether 2000 acres were sold,"at prices from £20 to £29 per acre. The average price was about'£23 per acre. The-land is ■ principally grazing ancl dairying country, and is situated 15 to 18 miles from the raiP way line at Feilding," Our special correspondent also telegraphs : -."The Hon. John Bryce's estate at Kimbolton was sold to-day.m uonjunction with the estate' of Mr. M'Betli. There was a large attendance. - Of the total of 33 sections submitted, 26 sections were sold—all but SO -acres—iu .the Hon. Mr. Brycp's estate, and five sections in Mr. M'Beth's. The prices ranged*: from : £20 to ■ £26,. the latter price being paid for the new homestead situated on tne Kimbolton Road, a mile a half from Kimbolton.Mr. S. Hall was tho mirchaser of this section. Mr. J. Red purchased . the old homestead of 300 acres at £25 per acre. The average price paid, throughout was £23." ' ■ ... SOMETHING ABOUT THE 1 PROPERTY. . The two estates- adjoin ; eaph. other. - They, are reported to be fine grazing areas,; and axcelleiitly suited for, miscd. farming, splendid crops of grain, roots, and grass being; obtainable. Makonui, whioli was taken ,up by the Hon. John Bryce in its'native state in the early days, was bought under.-the! notice of the Government not long ago by a deputation|'. which urged that jt should bo acquired for settlement. That fact is strong confirmatory evidence of its quality; The' settlement of about thirty families on nearly. ii square miles of highly fertilo .land in the' suburbs of Kimbolton is an event of some importance to the tradespeople of tliat tewnship, and makes a big advance in tho rapid growth of that thrifty locality. Makonui 13 011 the main road from Kimboltpn to b'oilding, and Wharekoa adjoins it.. The prices must be regarded as highly satisfactory, , particularly in view of the. flatness of recont sales in other localities, and the discouraging i; influence, of, the,'.drpught-.ir,r, -.