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Hawke's Bay Herald, Volume XX, Issue 3909, 27 April 1877, Page 2

We are glad to learn that Captain Newman contemplates cutting up some 10,000 acres of his back run abutting on the main road leading from Porangahau to Waipukurau, which he intends selling on the system of deferred payments. The block will, we understand, be so laid out as to be available for small-farm settlements. The township will be laid out at Motuotaraia, and with the excellent quality of the land, with its position connecting the southern end of the province with the railway at Waipukurau, will tend much to enhance the value of the surrounding property, and at the same time be the means of extending operations and settling a large population in the district. If the new farm settlement and its township flourish and progress, as there is every reason to expect they will, we shall very shortly find the project of a branch railway to Porangahau in process of realisation. Before that time, however, probably many of the other runholders in the district will have found it desirable to follow Captain Newmans example and subdivide their great estates ; and thus, perhaps, much of the land which, if our correspondent MY' calculations are correct, yields now an average return of about two shillings per acre annually, will yield then an average return of as many pounds sterling.