Messrs T. Kennedy Macdonald and Co. offered for sale by auction this afternoon, at the Exchange Land and Mercantile Auction Rooms, Panama-street, a number of valuable properties. There was a large attendance. The sale of a farm, timber lands, and sheep-run, at Wainui-o-mata, in the estate of Messrs J. and D. Sinclair, provoked somewhat spirited bidding, which was started at £2000 and run up in £500 bids to £5000, the property falling to Mr A. E. Russell, of Palmerston North. The sale of the other properties was proceeding when our reporter left.
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