<persName ref="prs:douglas_j"><surname>Douglas</surname>, <forename>James</forename></persName> to <persName ref="prs:lytton_egeb"><surname>Lytton</surname>, <forename>Edward</forename> <forename>George</forename> <forename>Earle</forename> <forename>Bulwer</forename></persName> 6 June 1859, CO 60:4, no. 7336, 434. Douglas addressee Lytton

Published by Jim Hendrickson and the University of Victoria.

Douglas, James to Lytton, Edward George Earle Bulwer 6 June 1859, CO 60:4, no. 7336, 434.The Colonial Despatches of Vancouver Island and British Columbia 1846-1871, Edition 2.6, ed. James Hendrickson and the Colonial Despatches project. Victoria, B.C.: University of Victoria. https://bcgenesis.uvic.ca/B59165.html. CO 60:04 CO 60 4 7336 434 165 B.C. 1859 received 25 July co_60_04_00435r.jpg Transcribed from microfilm archives, marked up in Waterloo Script, then transformed into TEI P5 XML.

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Despatch to London. Minutes (1), Enclosures (untranscribed) (1), Other documents (1).

Douglas reports on two days of building-lot sales, at the new Town of Queensborough, which total $89,000, with 310 of 318 lots sold at an average price of $290, and 110 lots reserved for future sales.

 Douglas, James
Government House Victoria Vancouvers Island
Lytton, Edward George Earle Bulwer Inserted revisionDesc.Added abstract.
No. 165 7336, CO 60/4, p. 434; received 25 July
Government House Victoria Vancouvers Island
6 June 1859 Sir

The sale of building Lots at the new Town of Queensborough, took place on the 1st and 2nd of the present month at Victoria.

2. The result has provedproved most satisfactory as a financial operation, and indicates a general confidence in the future of the Colony.

3. The actual amount of sales was rather over Eighty-nine thousand dollars ($89,000) on which a deposit of 25 per cent was made on the purchase, the remaining balance to be paid in three equal instalments on the first day of July, August, and September next respectivelyrespectively.

4. Three hundred and eighteen lots were offered for sale, and Three hundred and ten were sold. One hundred and Ten Lots are reserved for future sale. The largest sum realized for a single lot was One Thousand Nine Hundred and Twenty Five Dollars ($1925) and the average price of the Lots sold was nearly Two Hundred and Ninety dollars ($290).

5. The accompanying statementstatement, from the Department of Lands and Works, is transmitted for your information. It distinguishes the actual sums of money received and due, on the Sale from the amounts already paid on Langley Titles, which were transferred to Queensborough under the provisions of the Proclamation of 14th Feby last. It is notnot impossible that this concession, led in some manner to the high prices obtained for the Queensborough lots.

I have etc. James Douglas
Mr Merivale This is a very satisfactory proof of the estimation in which this new Colony is held by persons resident in the Country—when, in a two days sale, land is sold at the proposed Capital for about £19,000.

Forward to Land Bd and print for Parlt in the next Series of British Columbia papers.

ABd HM July 26 CF 27 N 28
Draft, Colonial Office to Emigration Commissioners, 10 August 1859, forwarding copy of the despatch and enclosed statement of monies received.
Statement of account for the sale of land in Queensborough, 4 June 1859, showing amount received at $89,170.00.