Yokohama Bank's Land Adjoining British Consulate Sold An important tand deal, the lot on the Bund adjacent to H, M, Consulate-General, is one nounced.
The pured of land in question, which covers an area of a utile move than three mow, has been sold by the Yokohama Specie Bank to the Nippon Yusen Kaisha at a price of Tis, 600,000, It was purchased! some i) years ago by the Bank for Tls. 170,000, but, since then acd values have gone up at such a rate that it is now said to be worth Tis, 200,000 per mow.
With a desire of keeping it in the hands of Japanese, it is said that the Yokohama Specie Bank dectined other offers, reported to be higher than the price paid, and decided to dispose of the land at a considerably reduced rate to the N.Y.
We are informed that a contract was signed several days ago in Tokyo and that the land already has been transferred.
Text read from the printed page and cleaned; old type leaves the occasional error.