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Unimproved value, — £ s. d. 928 acres 2 roods 32 perches ... ... 3,483 -0 0 1,000 acres ... ... ... ... ... ... 3,500 0 0 13,061 7 6 Lot No. 2, South Side of the Road. Improvements, — Grassing, felling, and clearing 2,000 acres : all good pasture 6,600 0 0 75 acres ... ... 225 0 0 Five miles fencing (7 wires, 5 posts) ... ... ... 300 0 0 Eight „ „ „ 640 0 0 7,665 0 0 I'niuipi'oved value, — 2,000 acres ... ... ... ... ... 8,000 0 0 75 acres ... ... ... ... ... ... 225 0 0 350 acres 3 roods 8 perches ... ... ... ... 350 15 0 16,240 15 0 Grand Total. Lot 1, 1,928 acres 2 roods 32 perches ... ... ... 13,061 7 6 Lot 2, 2,425 ~ 3 „ 8 „ ... ... ... 16,240 15 0 29,302 2 6 Capital value, £6 15s. 4d. per acre. I. S. Simson, Valuer.

S.G.R. 27/2. Lands Office, Gisborne, 11th December, 1907. The Commissioner of Crown Lands, Napier. Small Grazing-run 4.5, 4,291 Acres. All but three or four hundred acres of this run is excellent old bush country, in good clean grass, very suitable foi subdivision into smaller holdings—say, into five sections, for which homesteadsites can lie found. As the lessee runs this in connection with other land adjoining, there are few improvements except the clearing and grassing and fencing on the block. I'or lhe same reason the stock reports do not give the carrying-capacity, but I think it may be set down as about two sheep per acre. T. N. Broorick, Land Officer.

Extract from Land Hoard Proceedings relating to Small Grazing-runs Not. 42, 4.3, 44 a, 4&> 66, and (>? , ll \diiigaromxa and Taramaranui Survey Districts. Napier, 13th December, 1907. Tin-: Land Officer, Gisborne, forwarded preliminary reports on Small Grazing-runs 42, 43, 44a, and 45, Waingaromia Survey District, and 46, Tokomaru Survey District, the leases of which expire on the 28th February, 1909, and Mr. Simson, Crown Lands Ranger, waited on the Board ii' connection therewith. The Board went into committee to deal with the above, and also leases-of Small Grazing-runs 66 and 67, Taramai ama Survey District, when it was decided to adopt the Ranger's suggestions and valuations foi recommendation, these to be verified by the Land Officer, Mr. Brodrick.

2459/114. Department of Lands, District Office, Napier, 18th February, 1908, The tinder-Secretary for Lands, Wellington. Small Graziuy-runs. In compliance with your Circular No. 7DB of the 21st December, 1905, 1 have the honour to encloso herewith valuer's reports on and tracings showing localities of the following ten small grazing- , mis : — Sawke's Bay,— a. r. p. Hun No. 24, Pohui ... ... ... ... ... 823 0 0 ~ No. 16, Nuhaka .. ... ... ... ... 1,983 0 0 ~ No. 17, ... ... ... ... 2,263 0 0 Poverty Bay,— Bun No. 66, Taramarama ... ... ... 1,894 0 0 ~ No. 67, „ ... ... ... ... 983 2 0 ~ No. 46, Tokomaru and Uawa ... 5,000 0 0 .. No. 15. Waingaromia ... ... ... ... 3,358 1 20 ~ No. 42, ~ ... ... ... ... 4,195 0 0 ~ No. 13, ~ Lot I ... ... 1,928 2 32 ~ No. 43, ~ Lot 2 ... ... ... 2,425 3 8