The Sale of Land to Me Clarke. — The following were the figures given by the Hon Capt. Fraser, in the Legislative Council, as representing the conditions of the sale of land to Mr Clarke, on Moa Flat station in Otago :—45,000 acres at 20s per acre, £45,000; 4,500 acres allowed for survey, £4,500. In round numbers, 50,000 acres, £50,000. Allowance off price, £13,370, thus estimated-—Survey on 45,500 acres, £4,500; compensation, £50,000 acres, at 2s 6d, £6,250; loss of assessment, say 50,000 sheep, at 7d, due in January, £1450; commission paid on negotiation, £450 ; loss of interest, say on £27,500, balance of purchase from date to completion of survey, say four months at 8 per cent, £720. The sum of £36,630 being the total price received for 50,000 acres of land, picked out at discretion, much of it probably auriferous, was thus equal to 14s 7|d per acre.
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New Zealand Mail, Issue 37, 7 October 1871, Page 8
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147Untitled New Zealand Mail, Issue 37, 7 October 1871, Page 8
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