LAND SALES.

Taranaki Daily News, Volume LII, Issue 30, 1 March 1909, Page 2

LAND SALES.

By Telegraph.—Press Association. Tiniaru, Saturday Night. Abuut one hundred persuns attended the sale of live South Canterbury small pastoral runs at Mount Peel. The acreages, upset, final bid, and bidder wore:— 2700 acres, £135, £303, A. .Mackenzie (present lessee); 2142 ,n.,es, msulJ, £275, T. Blair (present lessee); 1240 acres, £l5O, £2Ol, Andrew Brown; 585 acres, £75, £143, Dr. Knight (present lessee);

20.8U0 acres (Black Forest, Mackenzie Country), £.408, was taken at the upset by R. K. Smith (present lessee); 4800 acres (Tasman Islands), £4O, £O4, W. J. Black. All the leases are for 21 years.

Ashburton, Saturday Night. The remaining portion of the farfamed Springfield estate at Metaven, 5148 acres of fine agricultural huiTJ, was auctioned in Ashburton to-day in the presence of nearly 700 fanners and , others from all over the Dominion. Coin- , petition was not so keen as was antjei- ( pated, and the prices bid did not come ' x up by several pounds per' acre to those

• at the sub-division sale twelve months \ ago, although the greater area of the land is of equal fertility and productiveness. This may be taken as a fair ■ indication of how the stringency of the . money market is affecting country in- . terests. Of 10 blocks offered, only 7were . sold at auction, at prices ranging from , £lO per acre for medium to £2O for ; first-class. The passed-in lots represent-

Ed biddings from £8 to £l7 per aero, the bitter being for Ihe homestead block. The total value of land sold to-day represents a sum of £30,587 10s. Four sections were purchased by farmers from Outside the country.