The Wairarapa Daily. SATURDAY, APRIL 10, 1880.

Wairarapa Daily Times, Volume 2, Issue 435, 10 April 1880, Page 2

The Wairarapa Daily. SATURDAY, APRIL 10, 1880.

We copy from a Dimejlik paperm SALE OF RONS. Mr R; B. Martin offered at auction, at the drown Lands Office to-day licenses of runs, is detailed below, for ten years. _ There was 3, moderate attendance, and the bidding was inclined to be slack.

I The Wakatipu runs were subject to th following valuations, with first half-year' rent and fee of issue license, viz.On No 10, £251 8s 6d; No; 12, £228; No, 17 No. 23, £2oo,'No. 25, £260. In the Oamaru district, section 52, bloc! 1 with a valuation of £4O, the upset pric ifting £5, was knocked down to J. S. Andei son for - £45, after a spirited competition Section 53, unsurveyed, was put up at £E and bought by Robert Wilson for £3l 10s with survey fees added (£3lss), It will be seen from the abov schedule what the quality of a l.ot c the public estate in Otago must be. I: one case the rent paid is only on< third of a penny per acre. We hav been accustomed to the cry, " Thre oranges for a penny," but" three acre for a penny" is a new experience, j few years ago, on similar country, on run of 8000 acres was let at. £SOO year, ancl another of 650 acres at £45( The tenants of these two estates' wei simply ruined. Themarked recluctio in rentals between now and then . partly accounted for by rabbits, but: more owing to the risks entailed upc flocks by the snow-storms in the wintx season. There is almost an unlimite extent of worthless land of this chara ter in the South. The instances i question furnish, however, a tolerabl complete answer io those people wl favor an acreage rate, ancl to the He J. Ballance's proposal of fixing £1: the minimum value per acre for a land. It is among land of the chara ter we have been referring to that tl Government have been constructir rail ways, ' Here "and there, of cours there are small valleys- containing limited quantity of agricultural lam but altogether insufficient to feed tl costly works laid through them, 0 one line down there hear Kington tl traffic is so small that for the futui over a distance of thirty, miles tv. trains per week only are to be run, 0 the whole the prospects of this provii cial district may be said to' be bright* than those of Otago. It is true tin the latter province has been ' able \ bleed the Government to a far great* extent than we have, but the time coming when each district will havel depend upon its own capabilities rathi than on public works expenditure, an when it comes we may expect to sc the Wairarapa, Manawatu, and Rang tikei counties among the most prospe ous in the Colony,

Run Situation of RunApprox. Acreage Upset Rental Price Obtained Purchaser 10 12 17 20 23 25 415 411 423a 426 431 436 470 Wakatipu iPastoralDistrict North. Mayora Lake Greenstone Valley Nokomai District M!anipora~ Lake Greenstone River "Wakaia District _■ Ited Mountain. District A. 16,000 23,500 18,300 24,000 16,300 19,000 64,560 30,000 6,000 3,000 15,000 34,500 10,000 £ s d 66 13 4 97 IS 4 38 2 6 25 O 0 67 IS 4 79 3 4 30 O 0 15 O 0 12 O 0 12 O 0 12 O 0 40 O 0 12 O 0 Up Up Id 84 3 Up Up £3£ Up Pas set set f?acre ? acre set set 3et sed X). Cameron W. Gardiner J. Commins J. Fortes W. Parterson J. Weir and Sons Connell and. Mood;