SALE OF WELLINGTON RECLAIMED LAND.

Globe, Volume XX, Issue 1549, 5 February 1879, Page 3

SALE OF WELLINGTON RECLAIMED LAND.

[Press Sjtccial Wire.] Wellington, February 4. The most important land sale which has ever taken place in this district was held 10 day, in the amtiou rooms of Mr 11. J. Duncan, m Panama street. At noon, when Mr Duncan opened the proceedings, his large upstairs room was quite filled with people. The land to be sold consisted of forty-three sections, situate 1 in what, with a view to the future, may be regarded as the business entro of the city. Mr Vlliott, Undersecretary for Crown Lands, and Mr Reed, Sol citor-General, attended on behalf of the G.vernment. The atto dan e included nearly all the monied men of tin city and province, and also capitalists from Otago, C mterbury, Napier, and Auckland. One or two monied men from Sydney could also be seen amongst those present. In all the attendance numbered about 350. E fore going on with the sale, it wms explained that the Government would make all streets and footpaths in a proper manner. ohe sections were sold with the smallest frontage, and the section w r h ch realised =£l r ’4 per foot, had only about 18ft. frontage, though its area, as a whole, was considerable. The following is a summary of the sale : Elock 6—Lot 4, Kirkcaldie and string, .£O3 per foot, .£3420 18s ; lot 5, same buyers, .£45 per foot, .£3500 10s 6d; lot G, Johnson and Co , =£42 per foot, ,£3148 4s ; lot 7, J. Mackleland, 47 per foot, <£2845; lot 8, Kirkcaldie and Stains, per foot, .£343!) 8s ; lot 10, Madden, .£52 per foot, .£3298 8s ; lot I, Kirkcaldio and Stains, =£lß per foot, JE3292 10s ; lots 2 and 3, Johnson and Go., .£3B per foot, =£5514 ; lot 9, bought in by the Government at <£4o per foot.

Block I—Lot 1, J. F. E. Wright, .£l3 per foot, .£2145 14s; lot 2, J. F. E. Wright, .£53 per foot, 4264114 b; lot 3. J. P. E. Wright, £55 per foot, .£739 ; lot 4, J. F. E. Wright, £GI per foot, .£3937 16s. Block 2 —Lot 1, Whitten and Nicholson, .£7O per foot, <£5250; lot 2, Zobrab, .£46 per foot. .£2663 8s ; lot 3, Kirkcaldie and Stains, =869 per foot, ,£3821 8s: lot 4, Zobrab, .£6l per foot, =83013 10s. Block 4—Lot 1, Dr Knight, <£lo per foot, =82032 16s ; lot 2. Wellington Building Co.. £SO per foot, ,£2095 9s 5d ; lot 3, R. Port, £SO per foot, =£2430 ; lot 4, Waddell and Co., <£33 per foot, £3003 Block 3—Lot 1, Dr. Knight, £l6 per foot, £3261 8s; lot 2, Hirst, £lsl per foot, £2879 16s; lots 3 and 5, De Garde, £4O per foot, £3960; lot 7, J. D. Baird, £ioper foot, £1980; lot 11, G. Harper, £55 per foot, £2315 ; lot 10, J. O Lord. £4l per foot, £1717 18s; lot 9, J. O. Lord, £l2 per foot, £1759 16a; lot 8, J. Saunders, £SO per foot, £22.>3; lot 6, Baird £lO per foot. £I9BO ; lot 4, W. Hutchison, £44 per foot, £2718. Blocks —Lot 2, Thompson, Shannon and Co., £4O per foot, £I9BO ; lot 3, A. Young, £3l per foot, £1534 10s; lot 7, Jas. Cattle. £i4 per foot, £2178; lot 8, withdrawn ; lot 9, withdrawn ; lot 4, Ausrarde, £32 per foot, £1584; lot 6, S. Danks, £56 per foot, £778 8s; lot 5, withdrawn ; lot IJ, withdrawn. The total realised was £98,000. At the luncheon subsequently Colonel Whitmore said the prices realised were satisfactory, but that had the sale taken place six months ago the prices would have been nearly doubled. [from our own correspondent.! Wellington, February 4. Just before the commencement of the sale of the reclaimed land to-day, and after Mr Dnncan had mounted his rostrum, a messenger arrived from Government Buildings, instructing Mr Dnncan not to commence the sale till Sir Geo. Grey and Colonel arrived. There were then about 300 leading citizens present, and one of them indignantly protested against this gross insult offered by Sir George Grey and Colonel Whitmore to the citizens of Wellington, and asked in angry terms who were these two men, who dared to call upon the people of Wellington to wait their pleasure. Colonel Whitmore shortly afterwards arrived, but Sir George Grey did not enter an appearance.