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SALE OF RUNS.

TIMARU, May 30. There was a good attendance at the sale of runs to-day, the room, holding about 400 persons, being crammed. So far all the runs submitted have been sold, and all but five bought by the present holders. For a few there has been keen competition; forinstance, the upsets were run from L9OO to L 1,220; Ll5O to L 550; L 420 to LI,000; LSOO to L 1,340. Several old settlers were applauded on securing their holdings. In one case there was an ebullition of a contrary feeling on the present lessee being outbid by an enemy made through a racing scandal. The sale was completed at 1 30 p.m. The total of the upset rents was L 22.630. Ten mountainous runs, of a total upset of L 1,975, were not sold. Thirty wont at the upset, and twenty-four were competed for, producing an additional rental of 1.7,7119. The total rents obtained were L 28,435. Mr Baker, commissioner, who conducted the sale, expressed the opinion that he had had a good sale,

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https://paperspast.natlib.govt.nz/newspapers/ESD18890530.2.14

Bibliographic details

SALE OF RUNS., Issue 7920, 30 May 1889

Word Count
177

SALE OF RUNS. Issue 7920, 30 May 1889

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