T. K. Macdonald's Land Report for June.

Manawatu Standard, Volume XII, Issue 1742, 24 June 1886, Page 2

T. K. Macdonald's Land Report for June.

FROM THE WELLINGTON LANDED PROPEBTY ,GUID|!.

The land, market m Wellington con tiaaesqaiet and steady, there being » fair inquiry for .land for imnfediaU building operations. C '/" Tbe principal feature noticeable during the past month is the crowing demand for improved farm properties by new arrivals fromjGreat Britain and the South Island. Settlers and other residents m the city also appear anxious to acquire land" on which to start their families. This is a step m the right direction, as, whilst the towns ar« always overburdened with a growing population, there are numbers of broad acres at present bringing m no return : and only, awaiting the labours of the, fanner to turn them to good account; Many of the Battlers iq the Palt»#**. ton district are anxious to coroetQ leima with , the Wellington and *" MaMwatu Railway Company' m refejenoe to large blocks of the Company's land lying between Lbngbfirn and Otaki.. loathes* days of wailing oyer low pricer "for our products, it 1 is quite cheering tq find that the real bona fide settler is *et only willing to coutinue 'his fanning; .operations, bnt is -so satisfied .with his present profits that he is prepared to take up new ground. We are afraid that^thejarge, finanpe, companies who., nave advanced man money on raort*. gage than the real value of the lanoV they hold/ and who cannot consequently recoup themselves— either principal o^ interest— are largely responsible for tfo* cry of depression that is so . persistently indulged m by. a certain seotion 9t the public. Labor m New Zealand was never better: rethuherated than at present, and when that is the case it itidle and foolish to cry "bad timas.*^ For the Industrious, gober, intelliirent farmer or artiaaOj there-is no country m the world that offers a better reward for his labor than .New Zealand, and this fact cannot. be repeated too often* •