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THE CANTERBURY RUNS.

CHRISTCHURCH, June 4. There was! gooJ at the sale of Canterbury runs to-day, „ T , Council Chamber being crowded. *" e runs generally were re-secured by the present holders. In the case of those not secured by the Midland Railway the competition was keen, and the holders had to advance considerably on the upset price. Anama (belonging to the Hon. W. S. Peter) rose from L 235 to L 690 ; Shepherds Bush from L 230 to L 520; Alford from L 330 to L 540; Mount Possession from L3OO to LBBO ; Double Hill from L 1,280 to LI,710; Craigieburn from L 920 to L 1,320. Those under the Midland Railway Company’s leases did not advance in many cases; as the tenure was only temporary. Several of the old settlers were greeted with applause on securing their holdings at the upset price. The total sale amounted to L 19.899, only two runs being withdrawn; twenty-three were sold at the upset price, and thirty at advanced rentals. The Commissioner expressed himself greatly satisfied with the sale.

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https://paperspast.natlib.govt.nz/newspapers/ESD18890604.2.16

Bibliographic details

THE CANTERBURY RUNS., Issue 7924, 4 June 1889

Word Count
175

THE CANTERBURY RUNS. Issue 7924, 4 June 1889

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