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D. Reid & Co. TUESDAY, 18th MARCH, 1884, At half-past two o'clock. AT THE CHAMBER OF COMMERCE DUNEDIN. VALUABLE PASTORAL LEASEHOLD. To Stockowncrs, Graziers, Speculators and Others. LEASE of 12,670 ACRES of SUPERIOR PASTOBAL COUNTRY, being the best part of the original Benmore Run, situated in tho Lake Ohau District, and so favorably known as one of the best Runs iu North. Otago. DONALD REID AND CO. have received instructions from the Council of tho Otago University t) Sell by Auction, at Rooms of the Chamber of Commerce, Liverpool street, Dunedin, on TUESDAY, THE 18tii MARCH, At 2.30 o'clock, The Lease; for 10 Years, from the Ist May, 1884, of 12,670 Acres of Firstclass Pastoral Land, situated in the Lake Ohau District. Upsnt rental, £200. This Run, which is compactly bounded, contains sound, healthy sheep counti^-. It lies at a low elcsvation, and is considered the best part of what was originally the celebrated Benmore Run, so well known as ore of the best Runs in NorLh Otago. The Lease will be Sold subject to the general provisions as to Runs specified in the several Land .Vets. The first year's rent must be paid on the fall of the hammer, and thereafter by halfyearly payments in advance. Possession will be given on Xtt May, 1884. Compensation for fencing will be payable by the puruhafcr before possession is given, to an amount that will be fixed by a valuer appointed for the purpose, in terms of the Act. The Vendors guarautce, however, that the valuation s'aull only extend to actual improvements, and shall not exceed the sum of £500. For further Particulars, apply to DONALD REID & CO., 3-6 8540 Auctioneers, Dunedin. HaJl and Meason. SOUTHLAND LAND. HAVING Sold the Southland Land previously advertised WE NOW HAVE SEVERAL OTHER BLOCKS FOR SALE, TOGETHER ABOXT 5000 ACRES, ON MUCH TEE SAME TERMS, AND ADJOINING THAT ALREADY SOLD. In Farms; of 150 Acre:) and "Upwards. THE LAND Consists of LOW ROLLING DOWNS, all Ploughable, with Permanent Streairs in the Valleys, and is i-ituated from five and a half to ten miles from three or four Railway Stations on the Main Line from Du ledin to Invercargill, so that Produce or Sheep for Freezing can be sent to either Market. PRICE. £4 TO £6 PER ACEE. TERMS, Tho WHOLE of the PURCHASE KONEY may remain UNPAID (if required), for Five Years. INTEREST Will be CHARGED at an EXCEEDINGLY LOW RATS, und if required, an arrangement can be made for NO INTEREST TO BE PAID THE FIRST YEAR. LIGNITE, in iking a First-class FUEL, is found almosit everywhere, and as a Good BUSH (Reserved by Government), is within a milo of most of the Land (a License to Cut can be obtained for £1 a year), FENCING MATERIAL IS VERY CHEAP, as also is BUILDING TIMBER. We have Sold and been instrumental in Selling during the last year, over 1!3,000 Acres, 3000 cf which have been Purchused by bona fide Farmers from this District, who are settled on the Land, and to whom intending Purchasers can apply for information. Among the settlers on the Land ure the following well-tnown farmers from this district : — - Mr Jabcz Ailot, of Kiugsdown and afterwards Temuka. Mr Thos. Duffell, of Temuka. Mr Wni. Cl.irkc, of Cannington. Mr W. Moorhead, of Bell and Moorhead, Otaio; Besides a number of others. Within a short distance are Mi John Irvine, of Tomuka,and Mr James Mcllwraith, of Homo Bush. In this district Mr W. Westcrby, fanner, Landsborough's road ; and Messrs O'Connor and Prindiville, Seadown, can give every information, from having been on tho land. The following List, compiled from Government Statistics, shows the comparnth e yield of Grain during the last four years in Canter- | bury and in tho County of Southland. The latter only comprises a portion of the old Provincial' District of Southland, and does not include the Jacob's River District, the averages for which during tho same period arc — WHEAT. OATS. BAKLEY. 29.8 M5.5 33.0 per acre. i»?o. _ _ ! Soutlili\titl Couiit v /» t lJ't7 "5.0 !Hi.204 i >>2.3 20.7 Canterbury ". . 19J.754 23.0 153,712: 37.7 30.3 1881. Southland County 11,700 nil." 32,011! 30.7 31.fi Canterbury .. 208,581 2:15 89,280 20.9 25.5 18*2. Southland County 17,00ii 2.1.1 32,518 3r,.G 2U.G Canterbury .. 237,01' 21.3 112,370 21.8 10.U 1883. I Soiithlnnd County 23,!):.S 24.7 47,70fij 37.1 33.0 Canterbury Mll.lii: 25.5 ii:tti.-kS7i 20 9 2ii,2 It will he observed that the area under wheat lias increased from 5337 acres in 1880, to 23,058 in ISS3, n clear proof that wheat will grow woll ; for farmers would rot sow it year after year unless it paid them. Wo ask lfiiruicrs and others, especially Small Farmers end Contractors with Farming Plant, to oon-iider the following facts : — That a very few years ago land in the Timaru District whs worth only £2 ui acre, while now it would average nearer £10. That what kin made it increase in value is settlement. That on tho small holdings they have here nil they can inuko is a bn.ro living, and Unit in ten years' Umo they will bo so many years older, but no hotter off than they nro now. That they should consider whether, in the interests of their families and their old age, thoy would not bo wiso to sell their small high-priced farms hcr.>, which caiviot increase much more in value, and p lrchaso larger ones in Southland, off which they not only can rn:ike u better living, but which must increniic in value as settlement progresses, nnd loave them rich nnd independent by that means aionc, and THE TERMS On which ire aro offering the Land Puts it within the reach of everyone. HALL &TMEASOH, TIMARU.

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Bibliographic details

Timaru Herald, Volume XL, Issue 2949, 6 March 1884, Page 3

Word Count
945

Page 3 Advertisements Column 3 Timaru Herald, Volume XL, Issue 2949, 6 March 1884, Page 3

Page 3 Advertisements Column 3 Timaru Herald, Volume XL, Issue 2949, 6 March 1884, Page 3