SALE OF THE RECLAIMED LAND.

Evening Post, Volume XVII, Issue 336, 4 February 1879, Page 2

SALE OF THE RECLAIMED LAND.

? The interest shown in the sale of the Thorndon reclamation was manifested by the crowded state of Mr. Duncan's large sale-room to-day, nearly every merchant and business man in the town being present. At a moderate estimate, between four and five hundred gentlemen were in the room. During a pause, Air. Duncan awaitiog the arrival of Colonel whitmore, Mr B. Smith asked where the railway station was to be situated. Mr. Duncan replied that he was yesterday informed by Ministers that it was to be on the breastwork, between Ballanceand Whitmore streets. The strrets would, he added, be made by the Government immediately, and he had the authority of Mr. Blackett for saying that tenders for the Railway Whari would be called for by the 15th of this month. As Colonel Whitmore had not then arrived, Mr. Duncan went on with the sale, the Colonel arriving soon afterwards. Tiie result of the sale was as follows :— Block VI. Section 4, 54 ft frontage to Lambton Quay by 9Uft to Ballance-street.— Mr. H. Wallace started the bidding at £20 per foot, from which it qui -kly advanced to £50, which was bid by Mr. W. B. D. Man tell. By £1 bids it slowly came to £60, which was bid by Mr. Zohrab, and was finally knocked down to Messrs. Kirkcaldie and StaL.s for £63 per foot frontage to Litnbton Quay. Section 5. — This was a curiously-shaped section, having an irregular frontage of 183 ft to Lambton Quay, the width at the back being only 25ft, the depth varying from 37ft to 6dft It commenced at £30, and rapidly run up to £40. after which bids were slow, Messrs. Kirkcaldie and Stains becoming the purchasers at £45 per foot. Section 6 — This was also irregular, the frontage being 82ft, the rear 51ft, and the depth varying from 37ft to 76ft. Commencing at £30, the bidding quickly advanced to £42 per foot, at which price it was knocked down to Messrs Johnston and CoSection 7j frontage, 59ft; rear, 51ft; depth, from 76ft to lOott. — This lot was quickly disposed of, the bidding advancing from £40 to £48, Mr. J. M. Clelland being the purchaser. Section 8, frontage to Lambton Quay, 59ft; rear, 51it; depth, from 105tol34tt.— Ttriswas knocked down to Messrs. Kirkcaldie and Stains, at £58 per foot. Section 9, frontage to Lambton Quay, 58ft ; by 89ft to Stout-street.— Starting at £40, this quickly reached £54, which was bid by Mr. Dransfield, and was finally knocked down to Mr J. Madden, at £56 per foot. Section I.— This was a corner section, at the junction of Stout and Ballance streets, with a frontage of 68ft Gin to the latter and 75ft to the former, containing altogether 18 9p. The bidding started at £30, at once lumping to £40, and the section was ultimately knocked down to Messrs. Kirkcaldie and Stains, at £48 per foot. Section 2. — This section had a frontage of 69ft 3in to Ballance-street, and contained 191p The bidding led off at £30, and the lot was knocked down to Messrs. Johnston and Co. for £40. Section 3 — This was a similar section, and was taken by Messrs. Johnston and Cj., at the same price as the last. Section 9, frontage of 73ft sin to Stoutstreet, was started at £20, and ultimately bought in at £40. Block I. Section I.— This was an allotment situate next to the Lion Foundry, with a frontage of 49ft 9in to Custom House Quay. Starting at £30, the bidding ran up to £45, at which point Mr. Wright became the purchaser. Section 2, a comer section, having a frontaee of 49ft 9in to Custom House Quay, and 75ft sin to Ballance-street. — After some somewhat spirited bidding, the lot was knocked down to Mr. Wright for £53 per foot. Section 4 —This was another corner section, having a frontage of 49ft Bin to Featherstonstreet and 98ft sin to Ballance-street. The bidding was started at £40 and rapidly ran up to £61, when Mr. Wright became the pur- | chaser. j Section 3, a frontage of 49fc Bin to Feather-ston-street. — This was knocked down to Mr. Wright at £55. Block 11. This was a most important block, fronting ' Whitmore-street, Waterloo Quay, and Bal-lance-street, and situate in froutot the Government reserve, and near the proposed railway station. Section 1, a corner allotment, having a frontage of 91ft 9in to Waterloo Quay, 87ft 7in to Whitmore-street, and 75ft to Ballanrestreet—The bidding started at £50, and after a spirited competition the lot fell to Messrs. Whittam, Nicholson and Co. for £70. Section 2, containing a frontage of 57ft Din to Whitmore-street, and containing 13!)p, was knocked down to Messrs. Zohrab and Co. for £46. Section 3, corner allotment, having a frontage of 57ft 9iu to Whitmore-street and 121 ft 4in to Featherston-street — The bidding started at £40, and Messrs. Kirkaldie and Stains became the purchasers at £66 Section 4, a corner section, possessing a frontage of 99ft to Ballance-street ami 49ft 6 in t<> Fea»he>t >n-street.— Messrs. Zohrab & Co., £61 per foot. Block IV. Section 1, frontage 48ft 4in to Ballancestreet and 86ft sin to Magmnity-street. — Mr. Knight, £40 per foot. Section 2, frontage of 51 ft to Featherstonstreet and 45ft 9in to Ballance-street.—Wel-lington Building Company, £50 per foot. Section 3, frontage of 48ft 6in to Feather-ston-street.—Mr. R. Port, £50 per foot. Section 4, frontage of 85ft Bin to Maginnitystreet.—Messrs. Waddell and Co., £35 per foot. Block 111. Section 1, frontage of 98ft 2in to Featherstonstrett and 70ft 9in to Ballance-street,— Mr. Knight, £46 per foot. Section 2, frontage of 18ft 7in to Whitmorestreet and 98ft to Featherston-street As io. all similar cases, this lot was sold by the smaller frontage, and the competition was very keen. Starting at £50, the bidding quickly rose to £100, and thence mounted by £l to £154, when it was knocked down, amid some applause, to Mr. Hirst. Section 3, 49ft frontage to Ballance-street, by 84ft deep.— This went at £40 per foot, Mr. Augmrde being tbe purchaser. Section 4, same dimensions, £40 per foot, Mr. Augarde. Section 7, same dimensions, £40, Mr. J. D. Baird. faction 11, 99 ft frontage to Ballance-street, by 42ft to Stout-street— This was knocked down to Mr. G. Harper at £55 per foot. Section 10,41 ft to Stout-street, by 90ft deep, £41, Mr. J. O. Lord.

Section 9, similar dimensions, £42, Mr. Lord. Section 8, 41ft to Stout-street, by 99ft to Whitmore-street, £50, Mr. J. Saunders. Section 6, 49ft to Whitmore-street by a depth of 83tt, £40, Mr. Baird. Section 4, sim lar dimensions, £44, Mr. William Hutchison. Block V. Section 2, 49ft to Baltance-street by 99ft to Magiunity-street, £40, Thompson, Shannon and Co. Section 3, 49ft frontage to Ballance-street by a depth of 99ft, £31, Mr. Andrew Yonng. Section 7, 49tt to Stout-street by 99ft to Ballance-street, £44, Mr. J. Cat tell. .Section 8, 49ft frontage to Stout-street by 99ft in depth, withdrawn at £36. Section 9, similar dimensions, withdrawn at £34 Section 6, irregular shape, 13ft frontaee to Maginnity-street (blind street), 75't to 9dft in depth ; 61ft width in rear.— £s6, Mr. Danka. Section 4, 49 ft to Maginnity-street, by 99ft deep.— £32, Mr. Augarde. Section 5, similar dimensions, withdrawn. Section 11 (adjoining St. Uwge's Hall), 77ft frontage to Stout street, irom 99ft to 127 ft in depth, Hit at rear.— £4o, Mr. Q. Harper. No other lot* were offered, the amount realised £99,144 16*) being sufficient to meet the requirements of the Treasury. Of this total Messrs. Kirkcaldie and Stains contributed £17.471, and Mr. tf. W. Mills £10,565. An exbillent luncheon was provided by Mr. P. Laing. The health of the auctioneer, Mr. Duncan, was proposed by the Hon. Colonel Whitmore, who referred to the prices realised as very satisfactory, considering the financial pressure existing. Had the sale been held six months ago, however, he believed the prices would have been nearly doubled.