SALE OP WAICULA ESTATE IN FARMS.

Otago Witness, Issue 2355, 13 April 1899, Page 14

SALE OP WAICULA ESTATE IN FARMS.

Messrs Wright, Stephenson, and Co. report having held a sale of tho Waicola estate, the property of the New Zealand Mortgage and Investment Association, on Saturday. The area of 6977 acres was offered in 18 lota, ranging in size from 100 to 724 acres. For all of the lota but two there was keen competition ; in some cases the bidding was very animated, and prices far above the upset were obtained. The purchasers were all local settlers, tho few outsiders present being quickly out of tho bidding. The passed-in lots are for sale privately at the upset prices. Following is the result of the sale: —

Lot 1, sections 5 and 36, Aparima (602 acres) ; tussock, part swamp ; upset 30s — Mr Alfred Coster, Invercargill, 33?.

Lot 2, sections 24 and 35 (413 acres) ; tussock, part swamp ; upset 27s 6d — Mr John Keen, Aparima, 43b.

Lot 3, section 30 (204 acres) : tussock, part swamp ; upset 28s — Messrs Eaton and Smith, Aparima, 355.

Lot 4, section 33 (170 aores) ; tussock, part swamp ; upset 25s — Mr John Hardwick, Otautau, 325.

Lot 5, section 31 (207 acres) ; old English grass, part swamp ; upset 32s 6d — Mr D. M'lvor, Scott's Gap, 47c

Lot 6, section 32 (238 acres) ; upset 27s 6d — Mr W. Clothier, 27b 6d.

Lot 7, section 6 (217 acres) : old English grass, part swamp ; upset 40& — Mr Wm. Kellow, Otautau, 445.

Lot 8, section 6, Wairio (440 acres) ; 180 acres turnips, balance English grass; upset 65s — Mr Win. Keen, \.airio, 89s.

Lot 9, section 7, Wairio (292 acres); 70 acres turnips, 85 acres stubble, balance English grass ; upset 60s — Mr Michael Egan, Wairio, 86bj

Lot 10, section 4, Wairio (724 acres) ; about 100 acres English grass, bulftiice tuepock, fern, elc. ; upset 20s— Mr Hugh Outhhprtpon, Wairio, 225.

Lof 11, section 3 (578 acres) ; about 130 acio3 English grass, balance tussock, forn, part swamp; upset 20& — Mr Hugh Cuthbertson, Wairio, 20s.

Lot 12, section 2 (536 acres); English crass, part swamp > upset 27s 6d — Mr Wm. Keon, Wairio, 27s 6d. Lofc 13, section 1 (410' acre 3 2 roods) ; English grass, jsmall part swamp ; woolshcda. yards, sheep-dip, etc., on this lot ; upset 40e — Mr W. ' J. Moffefct, Invercargill, 40s. I Lot 14, p.r. 6a and 4a, Wairio (631 acres) ; grass and tussock, part swamp — Mr John C. FOHO. Scott's CJap, at urifet, 12s 6d. Lot 15. sections 29 and 85, Wairio (507 acree) ; Kngrli(sh gr.its, part swamp; upsot \2a 6d — Mrs Jane F. Beck, Wairio, 42s 6d. Lot 16, section 8, Wairio (361 acres) ; English grass, station homestead, stable, barn, etc., on this block ; upsot 75s — Mr James Beck, Wairio, 80s. ' For lota 17 (100 acres) and 18 (342 acres), unimproved, there was no offer at the upsets i of 10s ar>d 5s per acre respectively.