BUSINESS ITEMS.

New Zealand Illustrated Sporting & Dramatic Review, Issue 1247, 12 March 1914, Page 21

BUSINESS ITEMS.

IMPORTANT RAND SALE.

A most important land sale of the well-known Karaka Estate, situated close to Papakura, will be held at the Chamber of Commerce, Swanson St., on Friday April 24th, at 2 p.m. The Karaka Estate, consisting of 5200 acres of land well adapted for dairying purposes, has been subdivided into 50 suitable dairy farms, ranging from 30 to 200 acres. The estate is one particularly suited for dairy farms, which has been proved by the fact that at the second subdivision of the estate, nearly the whole of the sections were purchased by dairymen who milk for the city supply. The central position of the Karaka Estate is of great value, being accessible from three railway stations, the distance being approximately miles from Papakura, two l miles from Paerata, and three miles from Runciman. There is a splendid homestead on the estate, fitted with up-to-date requirements, then there are also two houses with several sheds on different parts of the property. There is also a school on the estate, which has been ploughed and thoroughly worked and laid down with best English grasses. From an investors point of view it should be at once remunerative, and the keen interest which has been shown by intending buyers at the foithcoming sale is an indication of the splendid value of the land in the Karaka Estate. The terms are exceedingly easy, and we would direct attention to the advertisement which appears in our advertising column, giving » description of the property, and strongly advise those of our readers who desire a perfectly sound and profitable investment to secure plans of the estate, which can be obtained from the Land Department of the New Zealand Loan and Mercantile Co., Ltd., who, in conjunction with Messrs. Alfred Buckland and Sons, will conduct the sale by auction on Friday, April 24th, at 2 p.m.

Ireland was recently emasculated and chloroformed for the operation in Victoria.

Flying machines are the fashion just now, but Mr. Justice Denniston thought the language was somewhat extravagant when a witness at the Supreme Court the other day commenced speaking about a horse as a flying machine. His Honour thought that such description was verging upon the ridiculous.

Notwithstanding the possibilities in the way of revenue in connection with the totalisator in New South Wales, it is understood the Government will not make any move for its legalisation this session, but may possibly do so later. From this I take it (says “Pilot” in the Sydney “Referee”) that machine-betting is as far off as ever in this State, though if the wishes of country clubs, and metropolitan supporters of racing, as a whole, were consulted, the totalisator would take its place on our racecourses, even if the bookmakers were also retained. However, as in the past, it seem? fairly certain that the arguments of the anti-totalisator section are again proving much more convincing in political circles than those of the section favouring the adoption of machine-betting.