ANNUAL SALE OF LAND ON THE WAIMEA ESTATE.

Otago Witness, Issue 2456, 10 April 1901, Page 14

ANNUAL SALE OF LAND ON THE WAIMEA ESTATE.

Messrs Wright, Stephenson, and Co. report as follows- — Under instructions from the New Zealand Agricultural Company, Limited (.in liquidation), we held the third annual sale of freehold land on the Waimea estate at the Gore Horso Bazaar on Thursday, April 4. The farms offered were 24 in number, 15 of them agricultural, in area ranging from 21 acres to 689 acres (total, 2678 acres), and nine of them were pastoral, of areas of 639 acres to 6000 (total, 27,375 acres). With the pastoral lands were oifered some Government runs. There was a good attendance of farmers and others interested in the disposal and acquis.tion of freehold land. For the agricultural faims there was fair competition, but all of them were not sold; and this is scarcely to be wondered at in view of the very low prices ruling for all cereals at the present time. Nine of the agricultural farms, however, changed hands — say, 1926 acres — prices ranging from £2 to £4 Is per acre, and as the upset prices fixed by the company are most reasonable, it is anticipated sales of the remaining unsold farms will be effected shortly. The demand for the pastoral farms was somewhat disappointing, seeing that the company was prepared to sell aj prices at which land of similar quality cannot be bought elsewhere in the colony. Three pastoral, farms containing 6754 acres were sold at from 16s to 22s per acre. The remaining farms are excellent pastoral country, and as they are for sale to the first buyer who turns up they should not remain long in the market unsold. Appended is the complete result of the sale. —

A.GRICUL.TUHAI, FARMS,

Block CXV, 120 a3r 20p, good flat land; upset, £3 per acre. — Robert M'Dougall, Harrington, £4 Is per acre.

Block CXVI, 163 aOr 20p, good flat land; upset, £2 10s per acre. — Archibald M'Alhster, Lumsden, £4 4s per acre.

Block CXVII, 79a 2r Bp, good flat land; upset, £2 10s per acre. — Joseph Crosbie, Lumsden, £3 per acre.

Block CXVIII, 177 aOr 37p, good flat land; upset, £2 per acre. — Tobias Varcoe, Huntley, £2 per acre

Block CXIX, 211 a2r 18p, good flat land, upset £2 per acre; block CXX, 94a 3r 2p, upset, £2 5s per acre; block CXXI, 303 aOr lp, good flat land, upset £1 17s Gd per acre; block CXXII, 70a Or sp, good flat land, upset £2 5s per acie. — No bid.

Block CXXIII, 156 a3r 37p, good flat land ; upset, £2 per acre. — Fitz W. Galbraith, Lumsden, £2 per acre.

Block CXXIV, 227 acres, good flat land; upset, £2 per acre. — Sarginson Bros., Gore, £2 per acre.

Block CXXV, 50a 2r 30p, good flat land; upset, £2 5s per acre. — No bid.

Block CXXVI, 114 a2r 34p, good flat land; upset, £2 5s per acre. — Sarginson Bros., Gore, £2 5s per acre

Block OXXVII, 197 alr 16p, good flat land; upset, £2 5s per acre. — Sarginson Bros., Gore, £2 5s per acre.

Block CXXVIII, 21a lr 3Sp, good flat land; upset, £2 per acre — No bid.

Block LXXX, 689 a3r Bp, undulating old grass and tussock , upset, £1 10s — John Mucphersoiij Baliour, £2 4s jjei acse,

AGRICULTURAL AND PA.STORM, PROPERTIES. Block LXXI, 6000 acre = , tu=sock country; Ardlussa station homestead ai d building * on thib block, Government leaseho'd I to be taken ■with block, area, 3300 acres, annual renta l , £13 15s, lepse expnes Ist Maich, 1907, upset, Ss 6d per acre. — No b.d. Block LXXII, 1821 acres, tussock country; upset, 11s per acre. — Xo bid. Block LXXIII, 2613 acres, tu«-oek country; upset, 10s pei acre. — ifartm M'Cabo, Gibbston, 10s per acie.

Block LXXIV, G39a Oi lGp, old English grass and tussock, upset, £1 per acre — Andrew Small, Lumsden, £2 rer aero.

Block LXXV, 3502 acrc-s, t-ossoek counhy: Government leasehold J to be taken with tliisi block, area, 6047 acres, annual rent, .£25 4s; lease expires Ist Maich, 1907. upset, 12s 6cl per acre — Richard Yardley, i-<urnsdcn, 12s 6d per acre.

Block LXXVT, 5890 acios, tussock country; Dome station homestead and buildings on this block , Government leasehold X to be taken, with this block, area, 42,945 acres; annual rental, £225, lease expires Ist March, 1303; upset, 7s Cd per acre — Xo bid.

Block LXXVII, ICSO acres, good tu~*ock comitiy, almost level , upset, 15s per acre — Xo b"2

Block LXXVIII, 1092 acrei, tussock ccuntiy; E\ie Creek station homestead on this block; le'i=ehoid L to be taken with tins block, area, 3HJ acres, am ual icatal, £19 13s, lep=e exp.res 30th Ju* c, 1001, uuset, 10s pel acre.— No b.d.

.ulo.k LXXIX. 41 53 acics, tussock country; leasp'io c 1 M to bo tpken w.th tins block, s^ea, 14,560 arc?, srnvl ie.-- =l, jC'dG C? 8d ica=o exyncT Is" 2-la.ch, 1003, upj-ct, 10s 6d per acre. —No b:<!.