COMMERCIAL.

Lyttelton Times, Volume LVI, Issue 6489, 14 December 1881, Page 4

COMMERCIAL.

VitUUe*. Timet Office, Tuesday Evening. ‘ CUSTOMS' SEVEN UJE. The following wm tbs Customs’ revenue collected tm Monday, U«=e. Ilf j-Wines, £U 17s lid; spirits, £& 3*5 tea, £lO Wettlj ciif«r, £72 8s M i tobaooo, ■ iff? <»64i food*by weight, £B94»6d;«dreform, £®9 ISfi; outer date. £4Ol 7a 9d; toUhfUXSt ISoJkL LANITiALES. At tho sittings of the Waate lauds Board on Moad.y, Sr Up were sold in the Town of Wslmato, realising £44 ; la. under “ Special Power* and Cos* tracts Act, realising ta. SALS OF TEE ABMSTEONQ ESTATE. WELLINGTON. Them was a large attendance at the sole by public auction on Thursday, Dec, 8, by Messrs T. Kennedy Macdonald and Co„ auctioneers, Wei* Usston, of the Armstrong Estate, situated on the *wt Coast of the Morth Island. The first lot asbmitud was the Akitco Sutton, of 81.884 acre* of freehold, with 24,000 sheep and iambs, 680 bead of cattle, 50 horses, stores, do. TbU lot started at £40,000, and was rapidly ran np from that by £IOOO bid* to £55,000, at which price it was knocked down to Mr hoUirt Din ten. The second lot sab* muted comprised the Glaaooe Station of 13,072 acres (subject to a nsortgafe of £0000), the Oahusea button, leasehold, of 18,000 acres, and the Akltlo Station of 21,000 acre*. With this lot was sold the stock, consisting of 40,0X1 sheep. 1650 ““«®* little, and 85 horn*. This was started at and was rapidly ion np by £IOOO bids to £35,0D0. ftt whloh price it was knocked down to the Mon w. 8. Peter, making, therefore, a total purchase money of £i 1,003. The total proceeds amounted to £06.030, a result which may be deemed exceedingly <.n"ou«L»ing to our sheep* laming friends, as showing there is a fair d*w»wS for large-tixed properties at fair and remunerative price*, when, a* in this case, it can be shown that they are actually producing large quantities of wool, the product from these stations for the present year being estimated at £17,000 to £13.000.