COMMERCIAL INTELLIGENCE. SALE OF THE SHERWOOD ESTATE.

North Otago Times, Volume XXVI, Issue 1886, 13 May 1878, Page 2

COMMERCIAL INTELLIGENCE. SALE OF THE SHERWOOD ESTATE.

(TJmnru Ilorald, Mny 11. Tho Sherwood Estate, noar the Makikihi Railway Station, in tho Waiinato County, wns submitted at auction yesterday, by Mr R. Turnbull. Tho proporty is a magnificent on a in ovjry ro'speot, consisting of low rolling downs with well-watered valleys botweon. Tho soil could not bo surpassed for gniin-growiiig purposes, and tho few wheat crops already grown on it havo boon exceptionally heavy. It comprises 6500 acres, whioh wore divided iuto farms in sizo from 51 to 327 acres. The sale was held in Messrs Miles, Arohor nnd Co. 'a new building! in Strathallan street, in^ a room 80ft. x iOft. This, during tho middle of tho day, was almost crammed with pcoplo, tho greater portion of whom woro intending buyora. Amongst them wo noticod persons from all parts of South Canterbury, as well aa from tho North of the Provincial District, and from Otago. Tho bidding, all through, was moro an ima tod than any wo have scon boforo, nnd tho oxoitomont over somo of the host sections was most intonso. OfForß ndvancod rapidly, and a porfeot mania ■corned to havo taken possession of many buyers. Nor did tho auotionoor fail to tako advantage of the land fevor, the symptoms of which wore so plainly visiblo on every face. On the contrary, ho lost no opportunity of increasing its intensity, and the result was that exceptional, not to nay moro than satisfactory, pricos wero realised. Tho following is the detailed account of the sales. Owing to the names of the different purchasers boing withheld, wo aro unablo to lay thorn boforo our readers. The total amount roalised was something over £87,5GG:—

Lot. Description. I ... Farm ... •2 ... „ 3 ... „ 4. . „ 5 ... „ 6 7 ... „ 8 9 ... „ 10 11 .. „ 12 ... HmsW. 12A 13 ... „ 14 15 IG ... „ 17 ... „ 18 ... „ 19 ... Fjirm ... 20 ... „ 21 ... „ 22 ... „ 23 ... „ 24 ... „ 25 ... „ 26 ... „ 27 27A 28 ... 29 ... „ I?::: ;: ::: 32 ... „ 33 ... „ 34 35 ... 36 ... „ 37 ... „ ... n. 242 196 237 241 178 258 278 104 170 102 145 327 217 182 210 192 105 106 166 152 234 182 150 178 103 131 100 264 17 117 198 107 92 77 64 116 54 90 91 r. p. £ h. (1. 1 12 ... 7 0 0 2 8 ... 7 0 0 2 30 ... 8 15 0 3 27 ... 12 0 0 3 30 ... 12 15 0 2 20 ... 14 10 0 0 10 ... 14 10 0 1 13 ... 14 5 0 2 15 ... 14 5 0 1 I ... 13 10 0 3 19 ... 12 5 0 2 7 ... 16 0 0 2 27 ... 16 0 0 2 20 ... 12 5 0 0 36 ... 13 5 0 2 29 ... 13 5 0 3 26 ... 13 15 0 3 33 ... 13 5 0 1 16 ... 13 5 0 3 26 ... 13 5 0 1 11 ... 14 10 0 3 0 ... 15 0 0 1 29 ... 15 10 0 3 39 ... 15 10 0 0 16 ... 15 0 0 0 27 ... 16 5 0 2 23 ... 16 5 0 1 37 ... 17 10 0 034 ... 17 5 0 0 19 ... 12 10 0 0 30 ... 13 10 0 6 19 ... 20 10 0 1 5 ... 20 10 0 0 17 ... 13 10 0 3 26 ... 16 0 0 2 20 ... 15 0 0 2 38 ... 15 0 0 1 21 ... 14 10 0 1 35 ... 13 15 0