The Pamphlet Collection of Sir Robert Stout: Volume 14
Special Telegram
Special Telegram.
June 3rd.
A property sale of great interest took place to-day, when Messrs. J. T. Ford & Co. offered the Otaio Station, in the Waimate district, consisting of 17,300 acres, and stock thereon consisting of about 24,000 sheep. The run was offered on behalf of Messrs. Teschemaker and Le Cren. The competition was very keen. The property was finally knocked down to Mr. Thomas Teschemaker for £191,000—an average of £11 per acre.