486
which I asked your sanction by a telegram of 14th ultimo. You et portion of the land in question was urgently required for the extension of the Central Market and the vendors declined. to sell a less quantity than the whole block.
The land in question is 56,541 square feet in area, and in the negotiations carried on with the Peninsular and Oriental Steam Navigation Company, it has been assumed that this land is worth $7 a square foot. There is no doubt that it is fully worth this price and there is probability that before the end of the present year, it will be considerably increased in value.
The Peninsular and Oriental Steam Navigation Company stipulated for exchange of 6000 square feet of their ground for an equal area of the unoccupied portion of Government ground known as
の
·
3
486
which I asked
your sanction
by a telegram of 14th ultimo. Yo
et portion of the land in _
question
was
urgently required
for the extension of the Central
Market and the vendors declined.
1
to sell a less quantity.
the whole block.
の
is 56,541
than
The land in question
square feet in area,
and in the negociations carried
on with the Veninsular and
Oriental Steam Navigation Company, it has been
assumed
9881
assumed that this land is
worth $7 a square foot. There is
no doubt that it is fully worth
every
this price and there is probability that before the end
of the present year, will be considerably
3.
this value.
increased.
The Veninsular and
Oriental Steam Navigation
an
Company stipulated for exchange of 6000 square feet of their ground for an equal. of the unoccupied portion Government ground known
area.
of
as
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