LAND SALE.

Hawera & Normanby Star, Volume XLVI, Issue XLVI, 1 June 1914, Page 4

LAND SALE.

AT HAWERA. The Ijew Zealand Loan and Mercantile Agency Company,. Ltd., held a land sale at Tattersall's, Hawera, on : Saturday, when a number of wellknown properties in the district weresubmitted at auction. There was a largo attendance of interested persons. In all the lots put Ul > biddingwas fairly brisk and almost reached" the reserve of the vendors, but in two instances only did (files' result all tiie other properties under offerbeing passed in> The ..xuctioneers, however, were of the opinion that better business would result after thesale. The first property submitted was. that situated at Alton and Kakaramea, on behalf of the executors of the- * ! me Mr Joseph Pa torso !i and Mr A ! Ivo Paterson. Lot 1 of the Alton property, on the HurM house and Manutahi_ roads, comprising approximately 178 acres, commenced at £16X per acre and was finally passed in at.'"'" S'lo. .Lot JNo. 2, comprising 203 acres, commenced at £10 per acre an m. "'as-also passed in at £13. '' rr i Kakaram©a property, on theivakaramea road, was al<so passed in prices offered not reaching the reserve!" Ur this property Lot 2, comprising 89' acres, was first put up. "What shall 1 say to start this?" said the auctioneer "Shall I say £361 an acre?'" homebody said ,£3O, and bidding progressed briskly up to £36 10s, at which ngure the lot was passed in. The auctioneer stated tho. amount was very nearly the reserve. Lot 3, containing; 84 acres was next put upon the maxv ket. Bidding again commenced at£dU per acre, anri quickly reached theprevious beet offer of £36 10s "Notquite good enough," said the auctioneer, and it was passed in. "Lot 4 v comprising 91 acres, was then put up. It started at £30. and bidding advanced quickly to £34 10s, and at this: figure it was passed in. The Kakaramea property as a wholewas then offered. Bidtfing commenced M at the seeming low figure, of £25 per acre, but quickly became brisk, eventually reaching £35. At this offer the: property, was passed in, with a remarkrrom the auctioneer ..♦."Well, gentlemen, I am disappointed." A property consisting oJj 61 acres belonging to Messrs Cobine and Lord" and situated on the Kakaramea and Mursthouse roads,; was • then put up. *■ Bidding commenced at £30 per acre but did not.reach more than £32 10s, and at this figure it was r>assed in' Sections in the estate were afterwards' submitted separately, but were passed in at the best offer previously received. . Four areas, on account of the late. Mr John Paterson, were next submitted. The first was one of 16 acres, (approximately) with 6-roomed house, and outbuildings, situated in the: bor- ■ oUKhn2^ Patea- Tlle first bid received, was £60 per acre, which the auctioneer < said was only half the value. Biddinjr increased rapidly to £64, and the vendor deciding to sell, the property was knocked down to Mr W. Boyle of Patea at £65 per acre. This Was the* I ioo c record. cd. An area consisting oi- 122 acres, situated on the Kakaiamea road, was then offered, v Biddinir commenced at £35 per acre; ;and reach- • ed £43, at which figure the property vras passed in Another property of m at £10 the /best offer received Ihree quarter-acre sections in the* Jvakaramea township were afterwards. ► put up and were passed in at £2 £2 and £4 respectively. ' *■':• A farm of .about 357 acres at Meremere, the property of Mr J. F McGregor,. ..was then offered. The' first, bid received, was one of £20 per acre, and at an advance of £l the property was passed in. y v»ki»x f^QQ fams a? Jl^emere, obhsistinß--4°B acres «and r 300 acres respectively," on behalf of Mr Henry Sanson,. of btrattord, were also put un.' The 488t acre property was" passed* in at £25^ per acre, the only offer given, and the> .1 dOO. acre property, which started at. *10 was nassed in- at £12 ; " ; Mr T: R Exley's: well-known property, situated on the Glover roacT • Avas nest offered. The property'com- < prises 11 acres,23:perches. It was put. U.P s » .*h-ol?. ."Shall I say £3000 Jbo. start thas beautiful property ?" saM ?SMS2^ lpneer '- \' or siall I say £2000?^' . £1500 came the reply. Bidding advanced from this figure to £1800' and then up to £2000. No furSer bids were received,- alid the property was passed in. It was then put up in- l different lots of small, areas. Lt 1:----comprising 4 acres" 3 roods, situate oil* Wover road, with dwellinghouse and stables, was Ao first offered. Bidding '•? started; at £1300,. and the. area was: passed m at £1500. Lot 2, compri6ing 1 acre 3 roods 20 perches, situateon the. Waihi road; started at £200 and. was finally passed in at £280 3 the^ best offer received. Lot 4, oomprisinir--2 acres, situate in Fantham street, brought quite a number of bidders is^n t! Rjd received was one 0f£250. It advanced to £283. The auctioneer announced that Mr ExleSr would sell to the highest bidder, and the property was knocked down to Mr,A. Morse for £284. Lot 3, compris- , ang 3 a«res 2-roods 3 perches, Waihiroad started at £270, and was passed* in at £290.

Mr A. B. Johnson's (Lowgarth) property .at \Ketemarae road, comprising - 172 acres, was started at £50 per acre.' It_was passed in at £61 per acre Five acres m Denbigh road, with sroomed dwellinghouse thereon: belong--mg to Mrs.-Chapman, was then 6ub--mitted for sale. £700 was the first, bid received, and it advanced to £800,. at which figure it was passed in.