Properties to Let. SPLENDID LAND TO BE LET O SOLD FOR AGRICULTURAL AN DAIRY FARMS. THE PROPERTY OF THE N.Z. M 0R r GAGE AND INVESTMENT ASS( CIATTON, LIMITED. A NUMBER of IMPROVED and Ul IMPROVED FARMS, averaging i size from 100 to 1000 acres, forming part ( the Strathmore, Waicola Estates andothc Properties situated near Otautau, and adji cent to Jacob's River, with railway passin through the first named Properties. The whole of the Land is virtually levi almoßt every acre being available for th plough. The soil is rich and deep an capable, after working, of yielding large crop of grain, roots and grass. DAIRY FACTORIES are fast becoming a feature of New Zealand and it is evident that Butter and Cheese, wit its combination pig rearing, will be among th main staples of this colony. The opportunit now offered of acquiring first-class Dair Lands should therefore be of great advantag to perßonß with families of growing children as Dairy Farms can be worked with tho bee effect by the combined efforts of a famil working together. The Woodlaw Forest adjoins the Propertj ensuring timber for building, fencing ani firewood purposes, coal and lime are procur able at a Bhort distance. Intending Purchasers should personall; nspeet these lands during the ensuing perioi of cheap railway fares, and form their owi opinion of them. To meet tho depressed state of the lam market, and to encourage bond fide settlen these farmß are offered at the excceptionall; low rate for rich deep soil of from £•£ 10s t £5 per acre according to locality and improv ments. Interest at 6 per cent per annum oi unpaid purchase money. These will be thi terms for purchase, and parties making t deposit will be given special advantages. These prices will form the basis of leasinj farms, tho rent of which will be equal to f ron 3s to 6s, with the option of purchase at an] time during the period of the lease, thi duration of which is fixed for a term of E years with purchasing clause. As it is too lato now to put m croptt thii year, arrangements can be made that interest or rent will only become chargeable as fron let July, 1886, while immediate posses6ioi can be given to enable farmers to make theii preparations for next eeason. For further particulars, &c, apply to CHARLES WM. 