By "Krect-Card

Free Lance, Volume II, Issue 91, 29 March 1902, Page 21

By "Krect-Card

<vulne\ Cup on Moncl<n CoUa has bioken down Northern Champagne Stake- to-da\ . Indian Shot and Goulbuin lia\e bton put m work again The C J C Champagne Stake- will be decided on Monday . On the cards that Fulmen will be sold after the C J C autumn meeting The sale of Mr. G. 6. Stead's laeehorses takes place next Wednesday. Vladimar looks the best outside chance in the C.J C. Champagne stakes It is an open secret that Lady Avon is to change hands after the Auckland meeting. Yaldhuist, on paper, holds a mortgage on the big handicap, run on Monday at the C J C. meeting. Mr. J. R. McDonald, of Hoiow henna, became the on tier of some of the earlings from Te Mahanga. The C.J C. autumn meeting commences on Monday next, when the Great Easter will be decided. Obituary this season— Fn c piomineut stallions in St Leger, Castoi, Apirmont, Somnus, and Occident. Grevgow-n has gone into Knoxs hands. Perhaps the change of tiainei- will bring about a change of luck. Ideal who ran second to Battleaxe in the Hawke's Bay Cup, won that event last year, with Bst bib in the saddle. Pallas, half-brother to Paladin is being nibbled at in the betting on the Great Easter, on the strength of ln«easy win at Akaroa. Hohoro Ostiak, and Val Rosa, m that order, aie mj fancies for the Easter Handicap, at the Auckland meeting, commencing on Saturday. Halberdier has proved a httle gold mine to his present owner. His chance of succeeding in the Feilding tup on Monday looks very rosy on papei . Both Masterton and Woodville Clubs came out well on the right side of the ledger afc recent meetings. To judge from entries, Wairarapa and Feilding will follow suit. The Hon J. D Ormond's luck has commenced to turn, and not before it was due. He had one first, four seconds and one third at the lecent Hawke's Bay meeting. C rusoe does not appeal- much the worse for his absence from the training track, and probably will make a bettei showing at Feilding on Monday next than he did at Wanganui. Should Cruciform see the post in the Great Eastei Handicap, she will start a,t a very small price. Backers do not seem to give anything else a chance in the seven-furlong sprint. The Wairarapa Racing Club commences their autumn meeting on Monday. Several of the Hutt-traaned hoises are taking part and will, no doubt, capture a stake or two. Yaldhurst, the home of C meiforai and Co., must easily stand first foi the honour of winning the< greatest number of w eight-f or-age events, the easiest victories, and the smallest dividend. The Hawke's Ba.y Stakes was no race, for Royal Artillery won as he liked in record time Mr Stead has won the Hawke's Bay Stakes in five out of the seven years the race has been institut cd. In four out of the five events in w Inch two dividends were declared on the opening day of the Hawke's Bay meeting, backers of the second horse received a better return than those who supported the winner. Nonette has won £4018 in stakes up to date He has started nineteen times, and succeeded in being placed on every occasion. The son of Seaton Delaval has twelve wins to his credit, five seconds, and two thirds. The gelding by Mahaki — Wamgongoro brought 100 guineas at the yearling sales at Hastings, and goes into Prosse<r'g hands. Fifty-one guineas was the price paid by the Ponrua trainer for the gelding by Mahaki — Wliaitiri. Tortulla and Nonette will probably fight their Wanganui Cup battle over again in the Century Sta,kes, run on Monday next and there is a possibility of the daughter of Torpedo turning the tables on her redoubtable opponent.

Castor, who just lccentlv died at Wellington Paik, was insiiied toi £1000. Ostiak has been myuned foi in the betting on the Kastoi Handicap, uiiiat El lei she to-day (Saturday). Gipsj Jack is considered to have a great chance in the Hurdles lun at Tauhoicnikau on Easter Monday. Old Ruamalmnga lias not foi gotten the \\a\ to gallop, although lie did not succeed in catching the judge's ea c at Mattel ton. In northern sporting cncles Royal Conqueior, who won the double at Wanganui. is a stiong fancy few the Faster Hurdles C'annie C'hiel Fuhnen, and Canteen lead as well as am thing m the Great Autumn Handicap' to be run on the sorond da.\ of the (' J (' meeting Penrose who is now eleven Aeais old and who has been in retirement for oome time is to be given anothei chance to distinguish himself on the turf. Mr G H\do the winner of the Champion Belt, at the lecent Rifle Association meeting, is a brother of Mr. A. Hyde the well-known amateur ruler, of Haw kes Bay . A Southern wntei has a high opinion of Roa al Artiller\ who won the Haw kes Bax Stakes in lecord timi He thinks him without qualification, the best hoi so in the colony. With a stait. Ciucifoi-m, on papei , looks to have the Great Easter Handicap at the C J.C. meeting, commencing on Monday next, at her mercy, but in her absence. I like the chances of St Michael Cora Linn, and Teriapm. An American jockey was recently le-(jiieste-d to stand dwn for six days for hstless and careless riding" in a rae Some of our rulers en in the opposite direction, and pull their horses' heads off rather than come in first. No one has felt the presence of Sn Foote. the winner of the New mark ?t Handicap, more severely than Mr L? elie Macdonakl Wakeful and Aurons, who both have plajed "second fiddle" to the English flvei, would have each accounted foi a valuable stake in his absence. Over on the Melbourne side Baronet Sn Rupert Clarke has started a newfashion — that of publicly kissing his race-horses when they please him. If this became a habit, with some other owneus. there would be no need for stewards' inquiries. The caress would give the show away. F. Rikeibv and O. Madden, two wellknown English jockeys, have been lefused licenses, the fonnei being also warned off the Newmarket course. Last season O Madden headed the list of winning horsemen in England, with 130 wins out of 778 rides, and Rickerby was well up on the list with 72 winning rides to his credit. For the Wairarapa meeting, which takes place on Easter Monday and Tuesday, the following horses should run well in their respective engagements — Hurdles, Gipsy Jack . Easter. Te Pake and Rebel "Flvmg Hack, Pure Silver , Telegraiph Stepma and Waituru Hack Welter Raema and Pukana: Open Welter Boko and Ruamalmnga. Tatte<rsaU" seems to ha\ c designed a •wax to drive a herd of racehorses through the provisions of the Federal Po-tal Act, which aims at suppiessing his sweep* He asks clients to send their sweep monej addiessed to theinsohe* care of the secretary of Hobart Stock Exchange and to sign an affidavit authorising him to collect same. Wirth Bros have a bit of trotting blood in a daughter of Princess., dam of Prmce Imperial. But Wirth Bros,, don't want trotters. The tiotting instinct was so great in this daughter of Puncess that it was onh with persistenc\ and patience she could be brought to understand that it was cantering that was needed of her. If only our trotters on the track weie like that < Defunct Ca&toi w*as nineteen a ears old. He was purchased in 1891 bj Mi. Morrrn for 1000 guineas He was a lucky purchase foi the Auckland studmaster for amongst the biggest pi ices obtained for yearlings several go to the credit of Castors stock. The most uniformly consistent and useful horse of all his progeny was probably that mixed peifoimer, Record Reign, equally at home over hurdles or on the flat. A facetious sportsman, who signs himself Fleimngton " writes to the Times of India" as follows 'On the pnnciple that there cannot be too much of a good thing, a novelty might be introduced before the end of the season bv having a race set aside for bookmakers, m which they must nominate their own horses and' ride them. This would gne the long-suffering public a chance to lay the odds, and the satire conveyed in the idea of the bookmakers backing their own mounts would be complete. The question of weights would have to be abandoned, as no handicapper could bring the fraternity up to each other by any code of reasoning. I will offer a cup valued at 500 rupees if such a race can be arranged."

GREAT AND UNUSUAL OPPOKTUNITY FOR THE PROFITABLE INVESTMENT OF CAPITAL. ABSOLUTE SALE OF ONE OF THE LARGEST AND MOST VALUABLE FREEHOLD CORNER BUSINESS BLOCKS IN THE CENTRE OF THE CITY OF WELLINGTON. PROPERTIES RETURNING A CLEAR RENTAL OF £1000 PER ANNUM, AND INCREASING TO £2000 PER ANNUM NE4.RLY ONE \CRE IN AREA. IN THE EXCHANGE LAND AUCTION ROOMS, No »4, L^kMBTON QUAY, WELLINGTON ON THURSDAY, .Srd APRIL, 1902, At 2 30 o'clock 13. m.

MACDONALD, WILSON, AND CO. aie lavomed with instructions to sell absolutely by public auction, as above — THAT MAGNIFICENT PROPERTY, foiimnu; a compact block of NEARLY \N ACRE, having a total fiontage of — 1 •)•) FEET 1 INCH TO ~ LAMBTON QUAY, 01 PEET 1 A INCHES TO WOODWARD-STREET, AND T "I i FEET "I r\ INCHES TO WELLINGTON -TERRACE, WITH ALL THli VALUABLE BUILDINGS THEREON. The Business Premises upon the Land consist of the Commodious Brick and Cement Buildings occupied by Messrs. Barbei" and Co , Mrs. Cross, Messrs. Jenkins and Mack, and Mr. J. D. Slater respectn ely, occupying together a frontage of over 96 feet to Lambton Quay, and Four Wood and Iron Buildings m Lambton Quay and Woodwardstreet, occupied by Mr. Jew as a Private Hotel, Messrs. H. C. Gibbons and Co., and several private tenants. The property is situated in the best and busiest portion of Lambton Quav — the finest street m the' city and immediately opposite the Occidental Hotel and Messrs. Kirkcaldie and Stains's wellknonn drapeirv premises. The Leases to the various tenants upon the Lambton Quay frontages are as follows — BARBER AND CO., and Mrs. CROSS. 46 feet 10 inches, for 42 years, from Ist. October, 1886, at the following varying rentals — Up to 1907 £120 per annum 1907 to 1914 £135 per annum 1914 to 1921, £150 per annum 1921 to 1928. £170 per annum. JENKINS AND MACK 24 feet 9 inches, for 5 years, from Ist January, 1902, at £260 per annum. J. D. SLATER 24 feet 9 inches, for 15 years, from 23rd October. 1901, at the following varying rentals — Up to 1906. £260 per annum 1906 to 1911, £286 per annum 1911 to 1916, £325 per annum. JEW AND OTHERS 23 feet 9 inches, for 16 years, expiring 25th September, 1917, at a rental during the whole term of £260 pel* annum. The only lease upon the Woodwardstreet frontage is that embraced in the portion occupied by the Private Hotel, Lambton Quay. The remainder of the frontage is partly filled by Three Cottages let on weekly tenancies bringing m a rental of some £100 per annum . The long frontage to the Wellington Terrace of 114 feet 10 inches is at present unbuilt upon, but arrangements of a satisfactory character can easily be made with the tenants, so that this extremely valuable frontage may be pro-fit-ably utilised. All Rates and Taxes are paid by the Lessees, leaving the Rental clea<r of deduction^. It w ill be seen from the above details that within a comparatively brief period the present leases will fall in The existing rentals under the leases 1 were based upon the value of the land alone, without counting in, the cost of the buildings. If the land and buildings were t)o be re-let to-day they would bring in double the present income. This magnificent property was one of the earliest special reservations on the first plan of the city, and has remained the property of the descendants of the original owners from that date till the present day.

The Property will be sold as a whole, but the purchaser can take over an existing Mortgage of £14,500 to the Australian Mutual Provident Society bearing interest at 4£ per cent, per annum. The Title is under the Land Transfer Act.