SALE OF SALMON FISHING.

Otago Daily Times, Issue 20586, 8 December 1928, Page 9

SALE OF SALMON FISHING.

A £50,000 PURCHASE. (From Odr' Own Correspondent.) LONDON, November 2. Sir Mortimer Singer bought under the hammer in Messrs Knight, Frank, and Rutley’s Hanover square rooms, for the notable price of £50,000, Invergarry House, in the county of Inverness, with, the exclusive salmon fishing in the Lower River Garry. The offer of this well-known property, which belonged to the late Mr P. Noel H. Wills, attracted a large gathering, and it was evident from the outset that there was to be sharp competition for its possession. Sir Howard Frank, who was in. the rostrum, remarked that one continually found a rise in the value of fishings. The fishings in England and Scotland could not be increased, and it was difficult to improve them.' Such, a property as he was offering oil that occasion could pot be repeated. He suggested an opening bid of £40,000, but the first offer was of £25,000, and this was quicklv advanced by £IOOO at a time hy half a dozen bidders to £47,000. Then two bids of £SOO each followed, when Sir Mortimer Singer went £2OOO better. The other competitors had no more to say, and Sir Howard Frank's?- blackthorn I fell to him at £50,000. The wholq, proceedings har^lj took five minutea.