The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1854-08-24

ton for the causes Of action set forth in his declaration,
tbe sum Of Sib9 e. with the costs of the court and
the costs Of this arbitration, taxed 1t 81" In
order 20 afford the defendant time to examine the repor
the court ruled that Judgment should not ee enterd
until the Grst Monday In September next, ana was
nm, erstood thai any exceptions were onsrea IL would
be further delayed until the 23d of ths same month
these awards are confirmed, tho indeosedneSS VI n'
company will be as follows
By the last report Of the directors, made TO
the stockholders on the 30th Of July, the
b,nded debt Of the comp any, not including ooo an
thu neT,ics boD1aa Which TIE decision OF the
referee has mpLsdly made valid, amounts a. a., a.
he floating deb. Of the company, as put
down by the directors mp to the sotn Oh 90 os7 o,
TIE sd lx Of M;er. Is. 1880 q
1hs !aSsa costs in The case are ....... Alas 81
Maxim, . tot., Indebtedness o. soa7, 81 %
Under the worst features of the case the Portland
Advertiser deems that the property of the company AZ
fords ample security to meet this Indebtedness.
Tho st. Louis Republican of the 10th instant, gives the
annexed synopsis of the Land Graduation law passed at
the last session Of ngress:-
The law must nave its effect in settling up large
tites OF land which been heretofore neglected. In
ha southern mart OF tha State ana Illinois The plan of
graduation ia very simpe-beng based upon the ensh
O. time In which the Land has been in market-as ioi'
| lows
In the Mcrka. Price per Acre.
| For ten ear aud upwards One dollar
Fifteen years and upwards 'Sevensy-nve Genus
Twenty years and up wards. ......... Fifty cents.
Tvs ny i've years and upwar twenty I'VE cents.
Thirty years and wards Twelve na s s.s,
,senty nys cents per Is S that is 70 be pal
for II fn hgs been offered for sac thirty years
then the price only twelve and half cents per acre.
Tins Is merely nominal sum. No is deserving of
land who wants 1t cheaper In oar own sa'e sna par
tcula1y the southern parts Of 1t, vast amount OF
lard which ia subject entry at tsenyfve cents and
twelve and nsf cent? per may yet BE- found here
are millions Of in this condition, in healthy re-
Zion ana where rich mineral wealth aay be developed
rbe al mate infinitely better and more easonaose ina
| river and a market viii bs secured, by tho building
rail plank roaos 1t is the same case IN southern
pos, where large quaint les OF and may De eun. sao
Land scld before AZ 40 cheap rate an
Tpe,ue are wse, they will aye themselves Of tbe new
graduation INV, ind put all their dimes INTO land be'
ter 70 tlis than go to Kansas or Nebraska either, and
enter land ut II 10 Ter acre.
The report OF The .gatipg committee Of the Yer
mont Central Railroad Comp gives the losses Of that
unfortunate and abused corporation foiiows:-By Are
$ss,bta 49, by freshet, s32 so3 90; by s T. Belknap
$500 co., BY forfeited stock $500 1858 81; by loss
bonds, s62s556 49, by interest, $685. 57 6s; by Yer
ment ard Caads road, $685. $50 ID by Josiah Quincy
Jr, s2ss, 2o5 tstoal so,s4l,5l7 II. 1t is supposed
that when all he floating debt is paid and the sual
issues OF bonds aken the corporation will stand with
stock Of $4,000 o0 and bonds s., o00 Mr. PARROTS
sppraisemeht of the road and equipment gives value Of
Sf.tSoeo In other words the road instead Of costing
sS,teO,0oo, should have cost but S. 265 Ooo During
the Year ending July 1884, the gross earnings Of tbs
Central api Canad, together 10 per cent VIII,
should have been the cost the former and thar
IL per cent upon what should have been the trn
cost of both. With honest and capable management
therefore, the Central s interest So 500 90
and fair dividend the stock rckonea at $50 to 81
4 per share
comparison Of the footings Of the statement OF tn
Boston banks for the week ending the q st inst, will
those OF the statement for the evous week exhibit
= the follow ing results -