THE LANDS REPORT

North Otago Times, Volume C, Issue 13147, 31 August 1914, Page 3

THE LANDS REPORT

' r "? ' 'tto 1 LAST> YEAIt 'S, P I { WELLINGTON,/August 28. ( ' \ ,v'A .report upon :tlic purclmso- of lanclsj uncial'- tho for fScttlojnciits Act du-; p rl»g< tlio .pust huunemltycar wab picsont-; 1 oil by the lluustu of Lands in l the- / •" ' i 1 i • House oi ItcpLosontalivca this evening;; < The number of pip|u,itics considefed, was 199, of au itica 1 of (J02,883 acifls/ ' but many of those \voio found to bp quite--unsuitable- OMverei) ofloicil at v such pi ices as to preclude . buMiie&s Au aggiegate aiea of. 141,327 J : ucici was pui chased at a cost of £500,193, In addition the lpasqs of ; 108,780 acies of Uro\\n laud wore sur- ( j rendered, and. a portion has been utik iscd as additions to settlement lftnd?. 1 The total oxpQnditure upQn ,th • ot estates to -March 31 is £0,936,013 for ?: ■ 1',490,307 acres. .-.V'-'.---'.' i ' r --1/ : The chairman of the',Land Commissioners adds that the' ' of, further areas is beiii? steadily, pursued, and already 25,739 acres, valuer at £181,582, have already been completed- : ;; • Considerable aictyf avo already being , offered, but in.many instances at prices: ; - which aro considered to be much beyond - ' : the value, of■ the present returns %■ ajl -i: . produce, Theie ( is, however, some, jus- ' tification for owners looking for extcme :■ prices.