LAND SALE.

Taranaki Daily News, Volume LVII, Issue 12, 2 June 1914, Page 4

LAND SALE.

The New Zealand Loan and Mercantile Agency Company, Ltd., held a- land sale at Tattersall's, Hawera, on Saturday, when a number of well-known properties in the district were submitted at auction. There was a large attendance of interested persons. In all the lots put up bidding was fairly brisk and almost reached the reserve of the vendors, but in two instiu.eeo only did salet result, all the other properties under offer being passed in. The auctioneers, howevor, were c.f the opinion that better business would result after the sale.

Messrs Paterson Bros.' Alton properties were passed in at £lB and £l3 respectively. Their Kakaramea property was also passed in, the prices offered not reaching tho reserve, A property of (il acres, belonging to Mc-ssr.) Cobinc nnd Lord, situated on the Kakaramea and llursthousc roads, was passed in at £32 10s per acre. Four areas in the borough of Pa tea, belonging to the estate of the late John Paterson, were offered, one being sold at £OS per acre. Another property of 159 acres -it Iturleyville was passed in at £lO, tin beat offer received. Three quarter-acre sections in the Kakaramea township were afterwards put up. and were passed in at £? £O. and C-t re»n*ctively.

A farm of about 357 acres al Moremere, the property of Mr. .T. F. McGregor, was tlien offered. The first bid received was out' of £2O pet acre, and at an advance of £1 the proper),y was passed in. Two farms at Meremere, consisting of 488 acres and 300 acres respectively, on behalf of Mr, Henry Sanson, of Stratford, were also put up. The 488-acro property was passed in at £25 per acre, the onlj offer given, an dthe 300-aere property, which started at £lO, was passed in at £l2. Mr. T. R. Exlcy'i property, situated on the Glover road, was next offered. The property comprises 11 acres 28 perches. The property was passed in at £'2ooo. It wa« then put up in different lot* el small areas. Lot 1. comprising 3 urei 8 roods, situated on Olorer road, with 4wellinghouso and stables, was first offered, and was passed in at £ISOO. Lot *2, comprising 1 acre 3 Toods 20 perches, situated on the Wailii road, was passed in at £2BO. the best offer received. Lot 4, comprising two acres, situated in Fantliam street, was knocked down to Mr. A. Morse for £2R4. Lot 3, comprising 3 acres 2 roods 3 perchess, Wailii road, was passed in at £2OO.

Mr. A. D. Johnson's (Lowgarth) property at Kotemarae ' ron'.l, comprising 172 acres, was started at £SO per acre It wag passed in at £6l per"acre. Five acres on Denbigh road, with a five-roomed dwcllinghouse thereon, be longing to Mrs. Chapman, was then submitted for sale, but was passed in at £Boft.