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L(  Y  /  0  (i.  (  /  'J  J 


Extra  Census  Bulletin. 


No.  64.  \VASHlNGTON,  D.  C.  December  19,  1893. 


STATISTICS  OF  FARMS,  HOMES,  AND  MORTGAGES. 

MORTGAGES-SUMMARY  FOR   33  STATES  AND  TERRITORIES. 


DEPARTMENT  OF  THE  INTERIOR, 

Census  Office, 

Washington,  D.  C,  November  28,  1893. 
Sir: 

The  tabulation  of  about  five-sixths  of  the  real  estate  mortgage  debt  of  the  United  States  has  been  completed, 
and  a  summary  for  the  33  states  and  territories  in  which  this  debt  is  found  is  contained  in  this  bulletin.  The 
mortgage  movement  in  these  states  and  territories  was  a  progressive  one  that  had  no  break  except  in  1888. 
In  1880  the  incurred  debt  was  $539,646,250  and  in  1889,  $1,381,684,380.  The  years  1887  and  1889  were 
exceptionally  productive  of  mortgages.  From  1880  to  1889  the  incurred  real  estate  mortgage  debt  increased  156.04 
per  cent. 

Upon  separation  of  the  debt  into  that  which  incumbered  acre  tracts  and  that  which  incumbered  lots,  it  is 
noticed  that  both  the  rate  and  the  amount  of  increase  have  been  greater  in  the  debt  on  lots  than  that  on  acres. 
The  amount  of  incurred  debt  incumbering  lots  in  1880  was  $286,387,443,  and  there  was  an  increase  to  $962,745,227 
in  1889.  In  1880,  319,513  lots  were  mortgaged;  in  1889,  997,263  lots.  The  debt  incurred  on  a<;re  tracts  rose  from 
$253,258,807  in  1880  to  $418,939,153  in  1889.  The  number  of  acres  mortgaged  in  1880  was  29,706,934;  in  1889, 
42,556,311. 

During  the  10-year  period  a  debt  of  $9,469,167,081  was  incurred,  represented  by  6,947,113  mortgages ;  37.74 
per  cent  of  the  debt  was  on  acre  tracts  and  62.26  per  cent  on  lots. 

The  real  estate  mortgage  debt  existing  January  1,  1890,  is  $4,935,455,896,  of  which  $1,686,272,279,  or  34.17  per 
cent,  is  on  acres  and  $3,249,183,617,  or  65.83  per  cent,  is  on  lots. 

The  per  capita  debt  of  the  33  states  and  territories  appears  in  the  following  comparative  statement : 

Alabama §26  Minnesota $152 

Arizona 39  Missouri 80 

Arkansas 13  Montana 66 

California 200  Nebraska 126 

Colorado 206  Nevada 48 

Counecticnt 107  New  Hami^shire 50 

Delaware 96  New  Mex ieo 43 

Districtof  Columbia 226  New  York 268 

Florida 40  Oregon 73 

Georgia 15  Pennsylvania 1 17 

Idaho ...  38  Ehode  Island 106 

Illinois 100  Tennessee 23 

Indiana 51  Utah 39 

Iowa 104  Vermont 84 

Kansas 170  Wisconsin 72 

Maine 49  AVyoming 82 

Massachusetts 144 


FARMS,  HOMES,  AND  MORTGAGES— MORTGAGES. 


In  the  I'atio  between  the  debt  and  the  true  s^alue  of  all  taxed  real  estate  the  states  and  territories  compare 
as  is  shown  below : 


PER  CENT. 

Alabama 15.-44 

Arizona 4.78 

Arkansas  6.70 

California 15.90 

Colorado 13.08 

Connecticut 16.44 

Delaware 15.92 

District  of  Columbia 35.86 

Florida 8.49 

Georgia 7 .  15 

Idabo 4.33 

Illinois 12.36 

Indiana 9.79 

Iowa 16.64 

Kansas 26.83 

Maine 13.95 

Massachusetts 19.32 


Minnesota  

Missouri 

Montana 

Nebraska 

Nevada 

New  Hampshire  . 

New  Mexico 

New  York 

Oregon  

Pennsylvania 

Ehode  Island 

Tennessee 

Utah 

Vermont 

Wisconsin  

Wyoming 


t  CENT. 

20.69 
15.82 

4.78 
20.03 

4.59 
12.12 
11.99 
30.62 

7.52 
18.91 
11.92 

8.80 

7.14 
22.05 
11.91 
18.82 


In  21  states  and  territories  the  average  rate  of  interest  on  the  existing  mortgage  debt  is  6.73  per  cent ;  on  acres, 
7.27  per  cent;  on  lots,  6.32  per  cent.  From  1880  to  1889  the  rate  on  the  incurred  debt  declined  from  6.75  to  6.52 
l)er  cent  for  all  mortgages ;  for  mortgages  on  acres  the  rate  remained  in  1889  where  it  began  in  1880,  at  6.78  per 
cent;  for  mortgages  on  lots  the  decline  was  from  6.71  to  6.37  per  cent.  The  acres  covered  by  existing  mortgages 
are  32.09  per  cent  of  the  number  of  taxed  acres  in  27  states  and  territories. 

In  102  counties  distributed  throughout  the  Union,  where  the  reasons  why  the  indebtedness  had  been  incurred 
were  ascertained,  it  was  found  that  82.56  per  cent  of  the  original  amount  of  the  debt  (before  deducting  partial 
payments)  was  incurred  to  secure  the  purchase  of  real  estate  and  to  make  improvements,  when  not  associated  with 
other  objects,  and  that  94.37  per  cent  of  the  debt  stands  for  purchase  money,  improvements,  business,  and  the 
purchase  of  the  more  durable  kinds  of  personal  property,  when  these  objects  are  not  combined  with  any  other  object 
in  any  mortgage. 

Very  respectfully^, 

CARROLL  D.  WRIGHT, 

Commissioner  of  Labor  in  charge. 
The  Secketaey  of  the  Interioe. 


STATISTICS  OF  FARMS,  HOMES,  AND  MORTGAGES. 

MORTGAGES-SUMMARY   FOR   33  STATES  AND  TERRITORIES. 


BY   GEOEGE   K.   HOLMES   AND   JOHN   S.  LORD. 


THE  REAL  ESTATE  MORTGAGES  OF  10  YEARS. 

With  the  completion  of  the  tabulation  of  the  real  estate  mortgages  of  3.3  states  and  territories,  it  is  desirable  to 
group  the  chief  results  for  these  states  and  territories  in  a  special  bulletin.  Nearly  seven-ninths  of  the  mortgages 
made  in  the  United  States  during  the  10  years  1880-1889  are  found  in  these  states  and  territories  and  about  five-sixths 
of  the  existing  mortgage  debt  of  the  whole  country.  The  names  of  the  states  and  territories  embraced  in  this 
bulletin  are  mentioned  in  the  tables. 

The  progressiveness  of  the  mortgage  movement  during  the  decade,  from  a  mathematical  point  of  view,  was 
interrupted  only  in  1888;  but  if  either  that  year  or  1887  is  omitted  there  is  no  break  in  the  progression.  The  years 
distinguished  for  expansion  of  mortgage  credit  were  1881,  1882,  1886,  1887,  and  1889  ;  and  1888  would  be  noticeable 
were  it  not  for  the  j^ear  immediately  preceding,  when  the  greatest  yearly  increase  of  mortgage  debt  during  the 
decade  took  place.  Commercial  depression  characterized  the  three  j^ears  1883-1885,  which  mark  the  weakest 
period  of  the  movement.  In  round  millions  the  increase  of  incurred  debt  each  year  over  that  of  the  preceding 
year  appears  in  the  following  statement : 

1881  over  1880 §120    1884  over  1883 $30  I  1887  over  1886 $233 

1882  over  1881 133    1885  over  1884 32    1888  over  1887 a60 

1883  over  1882 35    1886  over  1885 151    1889  over  1888 169 

a  Decrease ;  increase  over  1886,  $173. 

Table  1  shows  that  during  the  decade  ending  December  31,  1889,  the  real  estate  mortgages  made  in  the  33 
states  and  tei-ritories  and  mentioning  the  amount  of  debt  secured  numbered  6,9-17,113  and  represented  an  incurred 
debt  of  $9,469,167,081.  The  amount  of  this  debt  incurred  in  1880  was  $.539,646,250  ;  in  1889,  $1,381,684,380.  The 
7,936  mortgages  on  acres  and  5,859  mortgages  on  lots  made  in  the  course  of  10  years,  not  stating  the  amount  of  debt 
secured  by  them,  are  not  included  in  any  totals  except  in  the  number  of  acres  and  lots  shown  in  Table  1  and 
except  when  otherwise  mentioned. 

The  number  of  mortgages  made  yearly  varies  very  nearly  as  the  incurred  debt  varies.  In  1880,  469,700 
mortgages  stating  amount  of  debt  were  made  and  894,732  mortgages  in  1889.  The  number  of  mortgages  made  in 
1889  gained  90.49  per  cent  upon  those  made  in  1880  ;  the  amount  of  debt  incurred,  156.04  per  cent.  During  the  10 
years  preceding  June  1,  1890,  the  population  increased  25.75  per  cent. 

Mortgages  on  acres. — A  debt  of  $3,573,582,435  was  placed  on  acre  tracts  during  the  10  years,  or  37.74  per 
cent  of  the  total  for  acre  tracts  and  lots,  and  this  amount  was  represented  by  3,357,742  mortgages,  or  48.33  jjer  cent 
of  the  total  number.  In  the  annual  amount  of  mortgages  on  acres  there  was  an  unbroken  increase  from  $253,258,807 
in  1880  to  $454,945,037  in  1887.  Vfter  a  decline  to  $395,202,528  in  1888  a  resumption  of  the  progressive  tendency 
led  to  an  incurred  debt  of  $418,939,153  in  1889. 

Mortgages  on  lots. — Of  the  total  amount  of  the  real  estate  mortgage  debt  incurred  during  the  10  years 
$5,895,584,646,  or  62.26  per  cent,  incumbered  lots.  The  amount  incurred  in  1880  was  $286,387,443  ;  in  1887  it  was 
$817,723,445.  The  amount  fell  to  $817,105,973  in  1888,  from  which  year  it  rose  to  $962,745,227  in  1889.  The  gain 
in  number  of  mortgages  in  1889  over  those  of  1880  was  170.37  per  cent;  in  amount  of  incurred  debt,  236.17 
per  cent. 

Number  of  acres  and  lots  covered. — During  the  10  years  397,013,430  acres  were  incumbered  by  3,365,678 
mortgages,  stating  and  not  stating  amount  of  debt.  In  1880  the  number  of  acres  incumbered  was  29,706,934 ;  in 
1889,  42,556,311 ;  but  the  largest  number  of  acres  covered  by  mortgage  was  47,566,282  in  1887.  The  increase  of 
1889  over  1880  in  number  of  mortgaged  acres  was  43.25  per  cent.  Lots  to  the  number  6,200,463  were  incumbered 
during  the  decade  by  3,595,230  mortgages,  stating  and  not  stating  amount  of  debt;  319,513  in  1880,  997,263  in 
1889.     Increase  of  1889  over  1880,  212.12  per  cent. 

3 


4  FARMS,  HOMES,  AND  MORTGAGES— MORTGAGES. 

EXISTING  INDEBTEDNESS. 

Table  2  shows  that  the  existing  mortgage  debt  of  the  33  states  and  territories  is  $4,935,455,896,  of  which 
$1,686,272,279,  or  34.17  per  cent,  is  on  acres  and  $3,249,183,617,  or  65.83  per  cent,  is  on  lots.  Of  the  3,621,787 
mortgages  in  force,  1,683,119,  or  46.47  per  cent,  are  on  acres  and  1,938,668,  or  53.53  per  cent,  are  on  lots.  In  Table 
3  it  appears  that  mortgages  have  an  average  life  of  4.814  years  :  on  acres,  4.640  years;  on  lots,  4.928  years.  The 
amount  of  the  partial  payments  made  on  the  existing  debt  in  these  states  and  territories  is  ascertained  to  be  10.48 
per  cent  of  the  debt  on  acres ;  13.25  per  cent  on  lots.     Total,  12.32  per  cent. 

Inceease  of  debt. — What  the  amount  of  existing  real  estate  mortgage  debt  in  the  United  States  was  in  1880 
it  is  impossible  to  determine  except  roughly  by  a  process  of  reasoning.  In  1890,  January  1,  the  debt  was  about 
$6,000,000,000,  one-sixth  of  this  amount  being  an  estimate  for  states  not  tabulated.  As  already  pointed  out,  a 
progressive  movement  characterized  the  debt  incurred  during  the  decade  under  consideration,  and,  if  it  may  be 
assumed  that  the  life  of  mortgages  and  the  proportion  of  partial  payments  have  not  changed  materially  from  the 
beginning  to  the  end  of  the  decade,  the  following  formula  may  be  regarded  as  approximately  sound :  the  debt 
incurred  in  1889  is  to  the  debt  incurred  in  1880  as  the  debt  existing  January  1, 1890,  is  to  the  debt  existing  January 
1,  1880.  The  character  of  the  mortgage  movement  during  the  8  or  10  years  preceding  1880  may  qualify  the 
conclusion.  The  financial  history  of  that  period  makes  it  probable  that  the  movement  was  a  diminishing  progression, 
or  the  reverse  of  the  movement  of  1880-1889,  and,  if  so.  an  estimate  of  the  existing  debt  of  1880,  as  proposed,  would 
be  too  large ;  but,  on  the  other  hand,  the  financial  depression  of  1873-1878  must  have  checked  the  payment  of 
mortgages,  as  well  as  the  incurring  of  debt,  and  hence  prolonged  the  life  of  mortgages,  perhaps  enough  to  offset  the 
effect  of  the  diminishing  progression  in  the  estimate  of  the  existing  debt  of  1880.  At  any  rate,  the  formula  above 
stated  is  the  best  that  can  be  devised,  and  it  gives  the  United  States  an  existing  real  estate  mortgage  debt  of  about 
$2,343,383,846  January  1,  1880,  so  that  the  increase  of  the  existing  debt  of  1890  over  that  of  1880  was  156.04  per 
cent.  During  this  time  population  increased  about  one-quarter  and  wealth  about  one-half;  therefore,  the  debt 
increased  proportionately  three  times  more  than  wealth  did  and  six  times  more  than  population. 

By  the  same  rule  the  existing  debt  on  acres  increased  65.42  per  cent  diiriug  the  10  years  and  on  lots  236.17  per 
cent;  much  of  the  debt  on  acres  is  due  to  their  suburban  situation,  and  more  properly  belongs  to  the  debt  on  lots, 
so  that  the  increase  of  mortgage  debt  within  the  10  years  is  mostly  found  in  urban  growth,  which  has  exceeded 
nonurban  growth  in  its  ratio. 

Comparison  of  debt  and  population. — The  per  capita  existing  debt  of  the  33  states  and  territories  is  $118. 
(See  Table  4.)  New  York  has  the  highest  amount,  $268,  and,  in  order,  the  District  of  Columbia  follows  with  $226, 
Colorado  with  $206,  California  with  8200,  and  Kansas  with  $170.  The  lower  amounts  are  found  in  the  south  :  $13 
in  Arkansas,  $15  in  Georgia,  $23  in  Tennessee,  and  $26  in  Alabama. 

In  Kansas  there  is  1  mortgage  in  force  to  5  individuals  of  the  population ;  in  Minnesota,  7  individuals ;  in 
Nebraska,  7  individuals ;  in  Colorado,  7  individuals ;  in  Iowa,  8  individuals ;  in  the  District  of  Columbia,  10 
individuals,  and  in  Vermont,  10  individuals.  At  the  other  extreme  there  are  101  individuals  to  1  mortgage  in 
force  in  New  Mexico ;  45  individuals  in  Tennessee ;  43  individuals  in  Alabama ;  40  individuals  in  Arizona ;  38 
individuals  in  Arkansas.  In  relation  to  population,  mortgages  are  fewer  in  the  south  and  in  the  Rocky  Mountain 
region  than  in  the  north. 

Eeal  estate  values  and  debt. — Final  estimates  of  real  estate  value  are  at  hand  for  some  of  the  states, 
and  for  the  others  estimates  have  been  made  and  tentatively  accepted,  and  results  are  presented  in  Table  4.  In 
the  33  states  and  territories  the  existing  debt  is  18.57  per  cent  of  the  value  of  all  taxed  real  estate,  mines  being 
included  where  not  taxed.  The  District  of  Columbia,  New  York,  and  Kansas  have  the  highest  percentages,  35.86, 
30.62,  and  26.83,  respectively.  The  lower  percentages  are  found  in  the  south,  in  the  Rocky  Mountain  region,  in 
Oregon,  and  in  Indiana. 

In  some  states,  as  in  Colorado  and  Minnesota,  it  will  be  noticed  that  a  high  per  capita  indebtedness  goes  with  a 
moderate  ratio  between  the  existing  debt  and  the  value  of  real  estate,  mortgaged  and  not  mortgaged.  These  results 
are  not  necessarily  inconsistent ;  they  are  probably  due  to  a  considerable  proportion  of  incumbrance  on  laud  owned 
by  nonresidents  and  also  to  large  unmortgaged  individual  real  estate  holdings  of  residents  or  nonresidents. 

The  debt  limit. — In  Table  5  an  attempt  is  made  to  show  how  nearly  the  mortgage  debt  limit  has  been 
reached.  For  this  purpose  it  is  assumed  that  all  real  estate  may  be  mortgaged  for  two-thirds  of  its  value  without 
increasing  the  rate  of  interest  to  cover  risk.  Real  estate  of  all  descriptions  will  not  take  such  an  incumbrance  in 
all  parts  of  the  countiy,  but  much  of  it  may  be  incumbered  more  heavily  than  this.  In  these  states  and  territories 
27.85  per  cent  of  the  debt  limit  has  been  reached  upon  the  basis  of  the  assumption  made ;  that  is  to  say,  the  real 
estate  of  the  33  states  and  territories  will  stand  an  incumbrance  3.59  times  greater  than  the  actual  incumbrance. 
In  the  District  of  Columbia,  New  York,  and  Kansas  the  mortgage  debt  limit  has  been  approached  more  nearly 
than  in  the  other  states,  namely,  to  the  extent  of  53.80,  45.93,  and  40.24  per  cent,  respectively. 


SUMMARY  FOR  83   STATES   AND   TERRITORIES.  5 

Proportion  of  acres  aisd  lots  mortgaged. — In  27  states  and  territories  .')2.09  per  cent  of  the  taxed  acres  are 
mortgaged.  The  percentage  runs  as  high  as  61.56  in  Kansas  and  .58.1.3  in  Xebraska  ;  the  lower  percentages  are  in 
the  south  and  in  the  Rocky  Mountain  region.     (See  Table  6.) 

Of  the  number  of  taxed  lots,  23.69  per  cent  are  mortgaged  in  tlie  total  for  Illinois,  Kansas,  Missouri,  and 
Nebraska.  Missouri  stands  highest,  with  28.98  percent;  Nebraska  lowest,  with  20.41  per  cent.  For  the  other 
states  and  territories  the  number  of  taxed  lots  can  not  be  ascertained. 

Ratios  of  mortgages  to  acres  and  lots. — On  each  mortgaged  .  j-e  in  the  33  states  and  territories,  on  the 
average,  there  is  an  incumbrance  of  S9.30  ;  on  each  mortgaged  lot,  $976.  In  27  states  and  territories  the  debt  on 
acres  amounts  to  $3.02  to  each  taxed  acre ;  in  4  states  the  debt  on  lots  amounts  to  $131  to  each  taxed  lot.  Details 
for  states  and  territories  are  in  Table  6. 

In  the  33  states  and  territories  108  acres  are  covered  by  each  existing  mortgage  on  acres,  on  the  average,  and 
1.72  lots  bj^  each  existing  mortgage  on  lots. 

Geographical  concentration  of  debt. — Table  7  has  been  constructed  to  show  the  geographical  concentration 
of  debt  in  32  states  and  territories  (excluding  the  District  of  Columbia)  and  for  the  purpose  of  comparing  principal 
cities  with  the  remainder  of  each  state  and  territory.  The  states  and  territories  contain  1,616  counties,  while  only 
72  counties  are  represented  in  the  table. 

Of  the  mortgage  debt  incurred  in  32  states  and  territories  during  the  10  years  1880-1889,  49.66  per  cent  was 
placed  on  real  estate  in  the  72  counties  and  55.55  per  cent  of  tlie  existing  debt  of  these  states  and  territories  incumbers 
real  estate  in  the  72  counties.  In  New  York  80.24  per  cent  of  the  existing  debt  is  in  7  counties ;  in  Colorado  55.93 
per  cent  is  in  the  county  containing  Denver;  in  Illinois  49.84  per  cent  is  in  the  county  containing  Chicago ;  in 
Minnesota  55.40  per  cent  is  in  the  2  counties  containing  Minneapolis  and  St.  Paul ;  in  Tennessee  67.19  per  cent  is 
in  4  counties. 

The  per  capita  mortgage  debt  of  the  72  counties  is  $221 ;  of  the  remaining  counties  of  the  32  states  and 
territories,  $74. 

Real  estate  is  more  heavily  incumbered  in  the  72  counties  than  outside  of  them.  In  these  counties  the  existing 
mortgage  debt  is  22.63  per  cent  of  the  value  of  all  taxed  real  estate  ;  outside  of  them,  15.03  per  cent.  State  and  territory 
details  may  be  found  in  the  table. 

Interest  on  the  existing  debt. — The  interest  charge  on  the  debt  in  force  has  been  ascertained  for  21  of  the 
33  states  and  territories,  and  is  stated  in  Table  8.  The  average  rate  is  7.27  per  cent  on  mortgages  on  acres ;  6.32 
per  cent  on  mortgages  on  lots.     Total,  6.73  per  cent. 

Oregon  has  the  highest  rate  on  mortgages  on  acres,  9.39  per  cent ;  Pennsylvania  has  the  lowest,  5.63  per  cent. 
The  highest  rate  on  mortgages  on  lots  is  9.59  per  cent  in  Oregon ;  the  lowest,  5.38  per  cent  in  Massachusetts. 

On  each  mortgage  in  force  against  acres  the  average  annual  interest  charge  is  $66 ;  on  each  mortgage  against 
lots,  $76.     Total.  $71. 

THE  MOVEMENT  OF  AVERAGES  AND  PERCENTAGES  DURING  THE  DECADE. 

Average  number  of  acres  to  a  mortgage. — Dui'ing  the  decade  1880-1889  each  mortgage  that  was  placed 
against  acres  in  the  33  states  and  territories  covered  118  acres  on  the  average.  The  average  number  in  1880  was 
109  acres,  and  the  average  increased  uninterruptedljr  until  it  became  122  acres  in  1884;  then  it  declined  to  118 
acres  in  1885,  increased  to  125  acres  in  1887,  and  declined  to  117  acres  in  1889.     (See  Table  9.) 

Average  amounts  of  mortgages. — The  average  amount  of  each  real  estate  mortgage  made  during  the  10 
years  was  $1,363.  In  1880  it  was  $1,149;  it  increased  to  $1,353  in  1882,  fell  to  $1,236  in  1885,  and  rose  continuously 
to  $1,544  in  1889.     (See  Table  10.) 

Each  mortgage  on  acres  averaged  $1,064  during  the  decade.  From  1880  to  1883  it  increased  from  $928  to 
$1,091,  in  1885  it  had  fallen  to  $972,  from  which  year  it  rose  to  $1,155  in  1889.     (See  Table  11.) 

The  mortgages  on  lots  averaged  $1,643  during  the  10  years.  From  1880  to  1882  the  average  increased  from 
$1,455  to  $1,684 ;  in  1885  it  had  fallen  to  $1,506,  and  in  1889  it  had  risen  to  $1,809.     (See  Table  12.) 

Classification  of  amounts. — In  21  states  and  territories  the  mortgages  on  acres  and  lots  for  amounts  of  less 
than  $1,000  made  during  the  10  years  were  70.21  per  cent  of  the  entire  number  and  their  amount  was  24.04  per 
cent  of  the  amount  of  all  mortgages;  the  mortgages  for  $1,000  and  under  $5,000  were  26.85  per  cent  of  the  entire 
number  and  44.02  per  cent  of  the  entire  amount,  while  the  mortgages  for  $5,000  and  over  were  2.94  per  cent  of  the 
number  and  31.94  per  cent  of  the  amount.     (See  Table  13.) 

Rates  of  interest. — Table  14  shows  the  rates  of  interest  on  the  5,660,010  real  estate  mortgages  made  during 
the  decade  in  21   states  and  territories,  representing  an  incurred  debt  of  $6,216,286,743.     These  rates,  139   in 
number,  including  mortgages  bearing  no  interest,  have  been  reduced  to  averages  in  Tables  15,  16,  and  17. 
M— 2 


6  FARMS,   HOMES,   AND   MORTGAGES -MORTGAGES. 

The  average  rate  of  interest  on  real  estate  mortgages  fell  from  6.75  per  cent  in  1880  to  6.43  per  cent  in  1882, 
from  which  year  it  rose  to  6.82  per  cent  in  1887,  then  fell  to  6.52  per  cent  in  1889.  For  the  10  years  the  average 
was  6.62  per  cent. 

For  mortgages  on  acres  the  average  rate  closed  the  decade  where  it  began,  at  6.78  per  cent,  in  the  meantime 
having  declined  to  6.45  per  cent  in  1882  and  having  risen  to  7.01  per  cent  in  1887.  The  average  rate  of  the 
decade  was  G.78. 

Mortgages  on  lots  bore  lower  rates  than  those  on  acres  and  showed  more  frequent  variations.  The  stepping 
stones  of  the  movement  are  as  follows  :  6.71  per  cent  in  1880,  6.40  per  cent  in  1882,  6.51  per  cent  in  1884,  6.48  per 
cent  in  1885,  6.69  per  cent  in  1887,  and  6.37  per  cent  in  1889.     Average  for  the  10  years,  6.49  per  cent. 

Percentages  of  the  number  and  amount  of  mortgages  bearing  certain  rates  and  classes  of  rates  of  interest  are 
expressed  in  Tables  18, 19,  and  20.  The  rate  of  6  per  cent  was  borne  by  26.03  per  cent  of  the  number  and  31.03  per 
cent  of  the  amount  of  the  mortgages  on  acres  ;  by  44.95  per  cent  of  the  number  and  48.19  per  cent  of  the  amount  of 
the  mortgages  on  lots ;  by  35.33  per  cent  of  the  number  and  40.63  per  cent  of  the  amount  of  all  mortgages. 

Eates  higher  than  6  per  cent  were  borne  by  71.41  per  cent  of  the  number  and  62.71  per  cent  of  the  amount  of 
the  mortgages  on  acres ;  by  48.95  per  cent  of  the  number  and  33.17  per  cent  of  the  amount  of  the  mortgages  on  lots  ; 
by  60.37  per  cent  of  the  number  and  46.18  per  cent  of  the  amount  of  all  mortgages. 

Eates  higher  than  8  per  cent  were  borne  by  29.41  per  cent  of  the  number  and  20.13  per  cent  of  the  amount  of 
the  mortgages  on  acres  ;  by  16.40  per  cent  of  the  number  and  7.08  per  cent  of  the  amount  of  the  mortgages  on  lots ; 
by  23.01  per  cent  of  the  number  and  12.83  per  cent  of  the  amount  of  all  mortgages.  The  higher  rates  go  with  the 
smaller  mortgages,  and  vice  versa. 

SPECIAL  INVESTIGATIONS  IN  102  COUNTIES. 

As  Extra  Census  Bulletin  No.  3  explains  at  length,  special  investigations  were  conducted  in  102  counties 
distributed  throughout  the  Union,  and  some  of  the  results  derived  from  them  are  contained  in  Tables  21,  22,  and  23. 

Objects  of  indebtedness. — One  of  the  endeavors  was  to  discover  why  mortgage  debt  had  been  incurred,  and 
this  was  thoroughly  successful.  No  endeavor  was  made,  however,  to  apportion  the  debt  to  two  or  more  objects 
represented  by  the  same  mortgage,  as  in  the  case  of  a  mortgage  debt  incurred  to  buy  real  estate  and  a  horse.  The 
conclusions  are  based  on  219,291  existing  mortgages  whose  original  amount  of  debt  (before  deducting  partial 
payments)  was  $324,291,078.  To  secure  tlie  purchase  of  real  estate  and  to  make  improvements,  not  combined  with 
other  objects,  \,ere  the  reasons  why  80.13  per  cent  of  the  existing  mortgages  were  made  and  why  82.56  per  cent  of 
their  original  amount  of  debt  was  incurred.  For  the  objects  of  purchase  money,  improvements,  business,  and  the 
purchase  of  the  more  durable  kinds  of  personal  property,  not  combined  with  other  objects,  the  percentage  for 
number  of  mortgages  is  89.82  and  for  amount  94.37.  Farm  and  family  expenses,  standing  alone,  account  for  5.40 
per  cent  of  the  number  of  mortgages  and  1.73  per  cent  of  their  amount. 

Number  of  mortgages  held  by  mortgagees. — A  chxssification  of  mortgagees  according  to  tlie  number  of 
mortgages  held  by  them  is  attempted,  but  not  with  entire  satisfaction.  It  was  impossible  to  ascertain  how  the 
mortgages  given  to  loan  agents  and  mortgage  companies  were  distributed  by  assignment  and  the  apparent  holdings 
of  such  mortgagees  have  necessarily  been  allowed  to  stand.  It  is  established,  however,  that  the  mortgages,  each  of 
which  is  held  bj'  a  diS'erent  mortgagee,  are  at  least  29.60  per  cent  of  the  entire  number  and  31.46  per  cent  of  their 
original  amount ;  that  the  mortgages  given  to  mortgagees  of  2  mortgages  each  are  at  least  10.21  per  cent  of  the 
number  and  12.13  per  cent  of  the  amount,  and  that  the  mortgages  given  to  mortgagees  of  5  or  less  mortgages  each 
are  at  least  52.80  per  cent  of  the  number  and  55.94  per  cent  ol  llie  amount. 

Eesidence  of  mortgagees. — Another  endeavor  in  the  102  counties,  which  was  fairly  successful,  was  to  determine 
tlie  proportion  of  the  mortgages  made  in  each  county  held  by  residents  of  the  state  in  which  the  county  is  situated. 
For  instance,  84.45  per  cent  of  the  mortgages  in  force  against  the  real  estate  of  Morgan  countj'-,  Illinois,  were  given 
to  residents  of  that  state,  and  these  are  78.98  per  cent  of  the  amount  of  all  mortgages.  Mortgage  companies  and 
loan  agents,  as  mortgagees,  are  regarded  as  having  assigned  their  mortgages  to  nonresidents.  The  conclusion  for 
the  102  counties  is  that  72.04  per  cent  of  the  number  of  the  mortgages  were  given  to  state  residents  and  that  the 
amount  of  these  mortgages  is  68.69  per  cent  of  the  total  amount. 


SUMMARY   FOR  33   STATES   AND   TERRITORIES.  7 

Table  1.— NUMBER  AND  AMOUNT  OF  REAL  ESTATE  MORTGAGES  MADE  DURING  THE  10  YEARS  1880-1889  AND  NUMBER 
OF  ACRES  AND  LOTS  COVERED  :  TOTAL  FOR  33  STATES  AND  TERRITORIES,  BY  YEARS,  (a) 

[For  existing  debt  see  Table  2.] 


MOETQAGKS  STATING  AMODNT  OP 

DEBT. 

1  lots. 

NDMBER  OF  ACEKS  COVERED  BT   ALL 
UORTGAOES  ON  ACRES. 

Number 

YEARS. 

Total. 

On 

acres. 

0 

of  lots 
covered 
by  all 

Number. 

Amount. 

Number. 

Amount. 

Number. 

Amount. 

Total. 

Stated. 

Estimated. 

on  lots. 

Total  for  33  states  and 

6,947,113 

89,469,167,081 

3,357,742 

83,573,582,435 

3,589,371 

85,895,584,646 

397,013,430 

358,292,867 

38,720,563 

6,200,463 

469,700 
524,270 
585,449 
617,290 
650,318 

718,568 
781,317 
876,846 
828,623 
891,732 

539,646,250 
659,347,263 
791,963,691 
826,929,285 
856,663,574 

888,376,835 
1,039,578,820 
1,272,668,482 
1.212,308,501 
1,381,684,380 

272,897 
288,039 
311,105 
318,641 
329,947 

362,663 
378,523 
380,293 
353,005 
362,629 

253,258,807 
280,927,826 
329,855,225 
347,754,962 
351,398,572 

352,521,283 
388,779,012 
454,945,037 
395,202,528 
418,939,153 

196,803 
236,231 
274,344 
298,649 
320,371 

355,905 
402,794 
496,653 
475,618 
532,103 

286,387,443 
378,419,437 
462,108,466 
479,174,323 
503,265,002 

535,855,552 
650,799,778 
817,723,445 
817,105,973 
962,745,227 

29,706,934 
31,712,593 
35,664,368 
38,794,782 
40,431,170 

42,816,413 
45,044,851 
47,566,282 
42,719,726 
42,556,311 

26,403,259 
28,304,902 
31,967,685 
34,713,366 
36,756,033 

38,890,483 
41,048,947 
43.562,244 
38,028,561 
38,617,387 

3,303,675 
3,407,691 
3,696,683 
4,081,416 
3,675,137 

3,925,930 
3,995,904 
4,004,038 
4,691,165 
3,938,924 

319,513 

382,792 
444,805 
484,447 
521,238 

579,231 
677,633 
906,827 
886,714 
997,263 

1884 

a  There  were  7,936  mortgages  on  acres  and  5,839  mortgages  on  lots  made  during  the  10  years,  not  stating  the  amount  of  the  debt  secured  by  them.    These 
rtgages  are  included  in  the  number  of  acres  and  lots,  but  are  not  included  in  the  number  and  amount  of  mortgages. 

Table  2.— NUMBER  AND  AMOUNT  OF  REAL  ESTATE  MORTGAGES  IN  FORCE  JANUARY  1,  1890,  BY  STATES  AND 

TERRITORIES. 


rERRITOaiES. 

TOTAL. 

ON  ACRES. 

ON  LOTS. 

Number. 

Amount. 

Number.                    Amount. 

Number. 

Amount. 

3,621,787 

84,935,455,8% 

1,683,119 

81,686,272,279 

1,938,668 

83,249,183,617 

Alabama 

33,331 

39,027,983 

27,041 

28,762,387 

8,290 

1                10,265,596 

Ariz 

Arkansas 

California 

Colorado 

Connecticut 

Delaware 

District  of  Coluc 

Florida 

Oeorgia 

Idaho 

(llinois 

Indiana 

Iowa 

Kansas 

JVIaine 

M.issachusetts.... 

Alinnesota 

Missouri 

Montana 

Nebraska 

Nevada 

New  Hampshire 

New  Mexico 

New  York 

Oregon 

Pennsylvania .... 

Rhode  Island 

Tennessee 

Ctah  

Vermont 

Wisconsin 

Wyoming 


1,474 
29,683 
112,674 
55,160 


23,92:j 
20,681 
48,519 

3,143 

297,247 
171,420 
252,539 


58,R51 
178,202 
195,580 
192,028 
5,937 

155,377 
1,256 
25,189 
1,523 

579,472 

22,553 
518,493 
21,395 
39,470 

5,908 

34,388 

164,826 

3,028 


2,348,519 
14,366,595 
241,050,181 
85,058,793 

79,921,071 
16,122,696 
51,986,589 
15,505,119 
27,387,590 

3,167,249 
384,299,160 
110,730,643 
199,774,171 
243,146,826 

32,627,208 
323,277,668 
197,745,989 
214,609,772 
8,729,907 

132,902,322 

2.194,995 

18,968,259 

6,644,673 

1,607,874,301 

22,928,437 
613,105,802 
36,778,243 
40,421,396 

8,040,829 

27,907,687 

121,838,168 

4,967,065 


20,629 
45,164 
21,044 


2,506 
128,986 
106,155 
171,441 
203,312 

30,985 
33,385 
97,078 
103,161 
2,385 

107,175 


16,250 

171,276 

2,640 

17,195 

2,059 

22,294 

111,735 

1,418 


1,580,301 
9,051,117 

120,890,877 
30,195,056 

13,176,736 
5,649,705 
2,226,277 
10,629,142 
16,969,687 

2,811,130 
165,289,112 
74,553,217 
149,457,144 
174,720,071 

14,160,646 
42.441,247 
75,3.55,562 
101,718,625 
5,094,329 

90,506,968 
1,836,655 
9,430,540 
5,839,416 
217,813,055 

15,983,361 

172,037,488 

5,262,243 

16,425,144 

2,426,018 
19,4.39,988 
81,535,361 

3,013,674 


9,054 
67,510 
34,116 

45,685 
6,873 

23,604 
6,587 

13,788 

637 
168,261 
66,265 
81,098 
95,668 

27,866 
144,817 
98,502 
88,867 
3,552 

48,202 


347,217 

18,755 
22,274 

3,849 
12,094 
53,091 

1,610 


768,218 

5,315,478 

120,159,304 

54,863,737 

66,744,335 
10,472,991 
49,760,312 
4,875,977 
10,417,903 

356,119 
219,010,038 
36,177,426 
50,317,027 
68,426,755 

18,476,562 
280,836,421 
122,390,427 
112,891,147 
3,635,578 

42,395,354 

358,340 

9,537,719 

805,257 
1,390,061,246 

6,945,076 
441,068,314 
31,516,000 
23,996,252 

5,614,811 
8,467,699 
40,302,807 
1,953,391 


8  FARMS,   HOMES,  AND   MORTGAGES— MORTGAGES. 

Table  3.— AVERAGE  LIFE  OF  MORTGAGES  AND  PERCENTAGE  OF  PARTIAL  PAYMENTS,  BY  STATES  AND  TERRITORIES. 


!|  PERCENTAGE  OF  | 

!     PARTIAL  PAYMENTS      1 

I  OF  OKIOINAL  AMODNTS.| 

OF  EXISTING  LOANS.     ' 


STATES  AND  TERRITORIES. 


Total  for  33  stales  and  ter-  4.814 
ritories.                                '__^__ 

Alabama i  2.734 

Arizona !  2.123 

Arkansas 2,854 

California 2.953 

Colorado 2.134 

Connecticut 6.040 

Delaware '  5.421 

District  of  Columbia 5.425 

Florida 3.529 

Georgia ,  3.707 

Idaho 2.248 

Illinois 4.015 

Indiana 4.395 

Iowa 4.924 

Kansas 3.384 

Maine 6.401 


4.640       4.928 


2.977 
2.206 
2.744 
2.789 
2.547 

5.. 3.55 
6.520 
6.334 
4.274 
3.729 

2.. 334 

5.093 

4.952 

5.061 

3.663  J 

6.506  ;    6.315 


1.700 
3.029 
3.378 
1.932 


1.950 
3.373 
3.323 
4.443 


10.72  I 
5.72  \ 
21.09  I 
7.75 
6.09  I 
I 
11.05 
8.72 
14.30 
13.08 
20.92 


10.68 
5.33 
20.63 

7.48  i 


12.90 
9.33 

10.96 
7.64 

13.18 

4.79 
9.46 
18.77 
11.58 
3.98 
13.98 


14.44 
22.97 
30.95 

14.48 
13.34 

15.70 
14.19 
7.50 
15.72 


PERCENTAGE  OP 

PARTIAL  PAYMENTS 

OP  ORIGINAL  AMOUNTS 

OF  EXISTING   LOANS. 


STATES  AND  TERRITORIES. 


Massachusetts 6.240 

Minnesota 3.751 

Missouri 3.055 

Montana 1.995 

Nebraska 3.241 

Nevada 2.680 

New  Hampshire '  6.069 

New  Mexico '  1.471 

New  York !  7.504 

Oregon i  2.891 

Pennsylvania 1  4.321 

Rhode  Island 1  5.895 

Tennessee 2.813 

Utah 1.860 

Vermont 5.532 

Wisconsin 4.765 

Wyoming 3.600 


For 
acres. 


6.145 
3.484 
2.693 
1.960 


2.779 
5.960 
1.4.38 
8,399 

2.063 
6.201 
1.750 
7.353 

3.320 
5.344 
5.616 
2.926 

2.262 
3.923 
6,179 
2.735 

2.615 

1,669 

6,158 
3,277 
2,979 


Total. 

For 
acres. 

11,50 

13.04 

11,49 

8.01 

11,97 

6.49 

4,59 

4.35 

5,21 

3.20 

5,52 

5.33 

14,86 

13.98 

5.47 

5.33 

14.31 

13.95 

8.43 

6.17 

13.12 

13.12 

11.00 

12.90 

17.31 

23.81 

6.16 

5.33 

12.24 

12.90 

13.30 

13.93 

4.65 

5.06 

11.26 
13. 2» 
16.38 


6.51 
15.72 

6.51 
14.37 

13,04 
13,12 
10,68- 
12. 1» 

6,51 
10. 6S 
12,17 

4,00 


Table  4.— AVERAGE  AMOUNT  OF   EACH   REAL   ESTATE  MORTGAGE  IN   FORCE  JANUARY  1,  1890,  RATIO  OF  EXISTING 
DEBT  TO  VALUE  AND  POPULATION,  AND  THE  INCREASE  OF  DEBT,  BY  STATES  AND  TERRITORIES. 


STATES   AND  TERRITORIES, 


Total  for  33  states  and  territories  ,. 


Arkansas... 
California 
Colorado  . 


Connecticut 

Delaware 

District  of  Columbia.. 

Florida 

Georgia 


Idaho 

Illinois... 

Iowa 


Maine 

Massacliusetts  . 
Minnesota 


Montana 

Nebraska 

Nevada  

New  Hampshire ., 

New  Mexico 

New  York  


Oregon 

Pennsylvar 
Rhode  Islai 
Tennessee.. 

Utah 

Vermont.... 
Wisconsin.. 
Wyoming.. 


1,.378 
1,672 
2,173 


1,814 
1,011 
1,118 
1,470 


1.070 
2,011 
6,979 


4.363 

10,299 

2,775 

1,389 

1,017 

984 

1,182 

1,004 

1,719 

1,993 

1,024 

955 

1,361 

1,178 

812 

872 

739 

730 

1,640 

2,125 

1,243 

1,270 
1.024 


Percentage 
of  debt  in 
force  of 

true  value 

of  all 

taxed  real 

estate. 


Per 

capita 

existing 

debt. 


Percentage! 
Average  |  ^f  j„erease 
I  population!    ^^^^^^ 
to  each     I   ,.„„.,„„j 


16.44 
15.92 
35.86 
8.49 
7.15 


13.95 
19.32 
20.69 
15.82 
4.78 

20.03 
4,59 
12.12 
11.99 


7.52 
18.91 
11.92 


7.14 
22.05 
11.91 
18.82 


414.04 
43.66 

207.65 
23.'). 35 
491.84 

92.50 
81.65 
351.21 
658.64 
261.85 

58.99 
158.58 
73.94 
76.10 
201.11 

33,28 
168,05 
296.09 
2.35.15 
578.18 


173.10 
102.77 
102.88 
313.06 


SUMMARY  FOR  3:]   STATES   AND   TERRITORIES.  9 

Tahi.k  5.— PEHCENTAGE   OF   THE   GREATEST   POSSIBLE   REAL   ESTATE   MORTGAGE   INCUMBRANCE  REACHED  BY  THE 
EXISTING  INCUMBRANCE,  BY  STATES  AND  TERRITORIES. 


[The  allowance  is  that  all  taxed  real  estate  ( 


I  be  incumbered  for  two-tbirda  of  its  true  value.    The  percentages  show  the  proportions  of  thit 
that  the  debt  has  reached.] 


Table  6. 


-RATIO   OF  REAL  ESTATE   MORTGAGES    IN    FORCE   JANUARY  1,   1890,  TO   NUMBER  OF  ACRES  AND  LOTS,  BY 

STATES  AND  TERRITORIES. 


STATES    AND   TERRITORIES. 


Total  for  the  states  and  territories  represented  . 


Alabama ... 

Arizona 

Arkansas... 
California .. 
Colorado ... 


Connecticut 

Delaware 

District  of  Columbia.. 


Montana 

Nebraska 

Nevada 

New  Hampshii 
New  Mexico.... 
New  Y'ork 

Oregon 

Pennsylvania.. 
Rhode  Island... 


Utah 

Vermont-... 

Wisconsin.. 
Wyoming.. 


AVERAGE   AMOUNT   OF 

DEBT   IN    FORCE  TO 

EACH   TAXED — 


1.04 
0.45 

0.37 
3.76 
2.59 


3.71 
2.60 
0.51 


AVERAGE  AMOUNT  OP 
DEBT   IN  FORCE  TO   EACH 

MORTGAGED  — 


Illinois 

4  77 

3  32 

4  30 
4  05 

200 

Indiana 

Iowa 

55 

Maine 

9  45 
2  64 
2  34 

Missouri 

210 

3.07 
10.91 
8.39 


7.82 
15. .50 
10.93 
9.17 
6.57 


6.43 
5.02 
8.19 
3.58 
19.15 

6.32 
13.64 
54.51 

5.44 


1,651 
1,374 
1,344 


AVERAGE  NUMBER 

COVERED    BY    EACH 

MORTGAGE  IN  FORCE. 


1.71 
3.11 
2.30 
2.77 
5.35 

0.88 
1.11 
1.57 


2.13 
0.98 
2.66 
1.53 

2.44 
1.51 
1.64 
1.48 

1.59 
1.01 
1.72 
2.44 


OF  NUM- 
BER MORTGAGED  OF 
NUMBER  TAXED. 


12  12 
34  48 
30  90 


51  25 
9  76 
21  02 

35  04 


20  49 
35  73 
25  41 
11  63 


31  86 

32  56 
14  01 


26  14 
21  24 


10 


FARMS,   HOMES,   AND   MORTGAGES— MORTGAGES. 


Table  7.— PER  CAPITA  DEBT  AND  PERCENTAGE  OF  THE  REAL  ESTATE  VALUE  AND  MORTGAGE   DEBT   OF   SELECTED 
COUNTIES  :  TOTAL  BY  SELECTED  STATES  AND  TERRITORIES. 


Percent- 
age of 

state's 
total  in- ' 
curred 
debt  of 
10  years, 
11880-1889. 


Percent- 
age of 
states' 
debt  in 
force. 


PEBCENTAGK  OP 

DEBT  OF  TBUB 

VALUE  OF  TAXED 

REAL  ESTATE  — 


Alabama .. 
Arizona ... 
Arkansas.. 
California 


Colorado 

Connecticut.. 

Delaware 

Florida 


Georgia 

Idaho 

Illinois 

Indiana 

Iowa 

Kansas 

Maine 

Massachusetts. 


Minnesota 

Missouri 

Montana 

Nebraska 

Nevada 

New  Hampshii 
New  Mexico.... 
New  York 


Oregon 

PennsvlvaD 
Khode  Islar 
Tennessee.. 


Utah 

Vermont... 
"Wisconsin.. 
Wyoming.. 


28.91 
37.. 36 
23.11 
45.12 

48.53 
79.84 
81.92 
41.08 

22.96 
35.94 
48.72 
11.12 
9.64 
15.60 
26.15 
74.24 


53.96 
50.12 
34.84 
26.76 
34.06 
28.00 
53.01 
79.86 


32.48 
37.67 
69.66 
56.68 

60.15 
30.85 
19.45 
43.23 


In  the 
counties 
named. 


37.90 
72.09 
29.24 
54.50 

55.93 

80.95 
77.99 
37.92 

20.70 
44.34 
49.84 
11.67 

12.76 
17.49 
26.92 
74.23 


27.27 
47.69 
29.56 
57.22 
80.24 


30.08 
39.45 
68.67 
67.19 

62.23 
30.13 
19.64 
42.10 


In  the 

rest  of 
the 

state. 


In  the 
counties 
named. 


Id  the 
rest  of 

the 
state.    !i 


24.99 
9.06 
9.57 

18.98 

16.99 
18.00 
17.58 
10.22 

5.75 
10,21 
13.15 
14.23 
22.61 
37.86 
13.21 
19.24 


29.45 
24.. 34 
4.61 
21.49 
14.29 
11.89 
30.63 
34,39 


4.60 
16.25 
10.96 
14.65 


Counties  included. 


Cities  included  in  the  counties. 


12.52 
2.15 
5.96 

13.32 

10.12 
12.02 
11.92 
7.70 

7.64 
2.97 
11.67 
9.40 
16.02 
25,32 
14.24 
19.56 


15.11 
11.41 

4.90 
19.53 

2.84 
12.23 

6.61 
21.20 


10.35 
21.16 
14.73 
4. 84 

5.61 
21. .59 
11. .34 
15,59 


Jefferson '  Birmingham. 

Maricopa,  Yavapai '  Phenix,  Preseott. 

Pulaski,  Seba-stian i  Fort  Smith,  Little  Rock. 

Alameda,  Fresno,  Los  Angeles,  San  Fresno,     Los     Angeles,      Oakland, 

Diego,  San  Francisco.                           !  San  Diego,  San  Francisco. 

Arapahoe i  Denver. 

Fairfield,  Hartford,  New  Haven j  Bridgeport.  Hartford,  New  Haven. 

Newcastle  '  Wilmington. 

Duval,  Hillsboro,  Lake,  Marion,  Vo-  Deland,  Jacksonville, Ocala, Tampa, 
lusia. 

Chatham,  Fulton Atlanta,  Savannah. 

Ada,  Latah,  Owyhee Boise  city. 

Cook Chicago. 

Marion '  Indianapolis. 

Polk,  Woodbury Des  Moines,  Sioux  city. 

Sedgwick,  Shawnee,  Wyandotte '  Kansas  city,  Topeka,  Wiciiita. 

Cumberland,  Penobscot !  Bangor,  Portland. 

Essex,  Middlesex,  Suffolk,  Worcester.'  Boston,  Cambridge,  Chelsea,  Law- 
rence, Lowell,  Lynn,  Soraerville, 
Worcester. 

Hennepin,  Ramsey Minneapolis,  St.  Paul. 

Jackson,  St.  Louis  city Kansas  city,  St.  Louis. 

Lewis  and  Clarke,  Silverbow Butte,  Helena. 

Douglas,  Lancaster Lincoln,  Omaha. 

Humboldt,  Washoe 

Hillsboro j  Manchester,  Nashua. 

Colfax,  Sierra,  Socorro 

Erie,   Kings,    Monroe,    New    York,  ;  Brooklyn,     Buffalo,     New     York, 

Onondaga,  Queens,  Westchester.  Rochester,  Syracuse,  and  regions 
suburban  to  New  York  and 
Brooklyn. 

Multnomah Portland. 

Allegheny,  Philadelphia Allegheny,  Philadelphia,  Pittsburg. 

Providence  '  Providence. 

Davidson,  Hamilton,  Knox,  Shelby...]  Chattanooga,  Knoxville,  Memphis, 
Nashville. 

Salt  Lake '  Salt  Lake. 

Chittenden,  Rutland Burlington,  Rutland. 

Milwaukee Milwaukee. 

Laramie Cheyenne. 


Table  8.— ANNUAL  INTEREST  CHARGE  AND  AVERAGE  RATE  OF  INTEREST  ON  THE  REAL  ESTATE   MORTGAGE  DEBT 
IN  FORCE  JANUARY  1,  1890,  BY  STATES  AND  TERTITORIES. 


ANNUAL  INTEREST  CHARGE. 


VERAGE   RATE  OF  INTEREST. 


AVERAGE   AMOUNT   OF   ANNUAL 

INTEREST  CHARGE  TO   EACH 

MORTGAGE. 


STATES  AND  TERRITORIES. 

Total. 

On  acres. 

On  lots.           '' 

Total. 

On  acres. 
7.27 

On  acres. 

On  lots. 

Total. 

On  lots. 

Total  for  21  states  and  territories  ... 

$196,760,515 

492,084,121 

$104,676,394     f 

6.73 

6.32 

$71 

$66 

$76 

Alabama 

3,145,258 

2,338,382 

806,876 

8.06 

8.13 

7,86 

89 

86 

97 

A  r'cansas 

1,301,387 

825,462 

478,925 

9,08 

9.12 

9,01 

44 

40 

Connecticut 

4.508,780 

751,074 

3,757,706 

5.64 

5.70 

5.63 

78 

61 

82 

Delaware 

921,. 336 

335,423 

595.913 

5.71 

5.76 

5.69 

96 

118 

87 

District  of  Columbia 

3,033,551 

127,788 

2,955,763 

5.93 

5.74 

5.94 

129 

401 

125 

Illinois 

25,717,461 

11,4.38,007 

14,279,454 

6.69 

6.92 

6.52 

87 

89 

8S 

Indiana 

7,-571,677 

5,144,172 

2, 427, .50.1 

6.84 

6.90 

6.71 

44 

48 

37 

Iowa 

15,198,978 

11,254,123 

3,944,855 

7.61 

7.53 

7.84 

60 

66 

49 

Kansas 

21,018,648 

11,956,038 

6,062,610 

8.64 

8.56 

8.86 

70 

74 

63 

2,005,393 

880,170 

1,125,223 

6.15 

6.22 

6.09 

34 

28 

40 

Ala-ss  ichusetts 

17, .502, 685 

2,393,686 

15,108,999 

5.41 

5.64 

5.38 

98 

72 

104 

Minnesota 

15, 145, .571 

5,990,767 

9,154,804 

7.66 

7.95 

7.48 

77 

62 

93 

Missouri 

16,474,676 

8,290,068 

8,184,608 

7,68 

8.15 

7.25 

86 

SO 

92 

Nebraska 

10,950,103 

7,575,433 

3, -374, 670 

8.24 

8.37 

7.96 

70 

71 

70 

1,134,302 

563,946 

570.. 356 

5.98 

5.98 

5.98 

45 

39 

54 

Oregon 

2,166,871 

1,500,838 

666,033 

9.46 

9.39 

9.59 

96 

92 

106 

Peniis>l\anta 

34,. 385, 537 

9,685,711 

24,699,826 

5.61 

5.63 

5.60 

66 

57 

71 

Khode  Island 

2,103,195 

303,631 

1,799,56-1 

5.72 

;           5.77 

5.71 

98 

115 

96 

Tennessee 

2,425,284 

985,509 

1,4.39,775 

6,00 

6.00 

6.00 

61 

,57 

65 

Vermont 

1,666,935 

1,160,567 

506,368 

5.98 

5.97 

5.98 

48 

52 

42 

Wisconsin 

8,329,887 

5,593,326 

2,736,561 

6.84 

6.86 

6.79 

51 

50 

52 

SUMMARY  FOR  33  STATES  AND  TERRITORIES. 


11 


-AVKRACiE   NUMBER  OF   ACHES  COVERED   BY   EACH   MORTGAGE  ON   ACRES   MADE    DURING   THE   10    YEARS 
1880-1889,  BY  STATES  AND  TERRITORIES  AND  YEARS. 


Average 

STATES   AND  TERRITORIES, 

for 
10  years. 

1880 

1881 

1883 

1883 

1884 

1885 

1886 

1887 

1888 

1889 

Total  for  33  states  and  terri- 

118 

109 

110 

114 

121 

122 

118 

119 

125 

121 

117 

Alnbimm 

220 

206 

215 

258 

255 

208 

191 

204 

260 

216 

189 

Arizoim 

650 

133 

216 

697 

163 

815 

1,322 

774 

2,529 

136 

215 

140 

122 

130 

142 

142 

148 

138 

142 

136 

148 

143 

California 

257 

267 

287 

296 

266 

252 

238 

257 

260 

242 

2.34 

Colorado 

191 

205 

129 

146 

205 

293 

274 

198 

181 

159 

179 

36 

35 

38 

38 

37 

37 

.37 

35 

32 

40 

36 

Delaw  are 

107 

126 

107 

115 

108 

98 

106 

118 

98 

97 

106 

District  of  Columbia 

38 

52 

30 

41 

36 

30 

35 

50 

35 

36 

33 

Florida 

243 

205 

149 

204 

981 

156 

160 

1.52 

121 

206 

194 

Geort'ia 

238 

236 

232 

238 

274 

254 

225 

229 

232 

2U 

224 

Idaho 

136 

125 

116 

127 

133 

135 

122 

138 

142 

141 

145 

Illinois 

84 

83 

90 

83 

84 

85 

83 

84 

82 

81 

83 

Indiana 

65 

65 

66 

66 

66 

65 

66 

65 

61 

63 

64 

Iowa 

95 

92 

96 

97 

96 

96 

95 

95 

95 

95 

96 

Kansas 

132 

127 

125 

129 

135 

140 

141 

130 

133 

129 

129 

Maine 

144 

193 

186 

141 

126 

127 

114 

166 

127 

116 

147 

28 

29 

30 

29 

29 

30 

27 

27 

27 

27 

26 

107 

103 

109 

108 

109 

106 

114 

106 

102 

104 

107 

Missouri 

99 

91 

97 

99 

107 

99 

100 

102 

97 

98 

97 

jMuntana 

223 

174 

174 

219 

181 

208 

239 

267 

216 

222 

249 

Nebraska 

137 

118 

119 

130 

140 

195 

136 

131 

131 

132 

132 

Nevada 

318 

231 

235 

305 

231 

403 

249 

375 

557 

303 

423 

NewHinipshire 

78 

72 

75 

82 

74 

74 

72 

89 

77 

84 

78 

New  Mexico 

3,778 

32,638 

7,529 

7,515 

2,392 

1,911 

3,783 

2,050 

3,916 

2,562 

3,0.36 

New  York 

72 

71 

72 

68 

71 

67 

68 

72 

95 

68 

Oregon 

172 

300 

190 

157 

162 

163 

ISO 

174 

160 

1.52 

151 

72 

69 

71 

72 

75 

65 

64 

71 

74 

95 

69 

39 

44 

43 

40 

40 

38 

37 

41 

39 

33 

31 

Tennessee 

156 

140 

158 

178 

132 

130 

119 

159 

175 

161 

189 

Utah 

234 

54 

80 

51 

159 

356 

514 

379 

417 

112 

119 

Vermont 

77 

86 

79 

77 

79 

75 

73 

79 

69 

72 

80 

Wisconsin 

93 

90 

91 

97 

105 

94 

92 

95 

93 

87 

87 

Wyoming 

1,114 

427 

318 

364 

2,625 

2,590 

1,336 

1,340 

357 

428 

313 

Table  10. 


-AVERAGE  AMOUNT  OF  EACH  EEAL  ESTATE  MORTGAGE  MADE  DURING  THE  10  YEARS  1880-1889, 
STATES  AND  TERRITORIES  AND  YEARS. 


STATES    AND  TERKITOEIES. 


Arkiinsas.. 
California. 
Colorado .. 


Connecticut 

Delaware 

District  of  Columbia  . 


Kansas.. 


Maine 

Massachusetts.. 

Minnesota 

Missouri 

Montana 

Nebraska 

Nevada 

New  Hanipshir 


Oregon 

Pennsylvan 
Rhode  Islar 
Tennessee.. 

Utah 

Vermont ... 
Wisconsin 
Wyoming.. 


1,526 
1,769 
2,419 


2,032 
1,021 
1,100 
1,582 


1,119 
1,315 
2,046 
1,074 

1,113 
968 
818 

1,735 


1,293 
1,559 
1,905 


1,185 
1,174 
1,683 


1,642 
1,775 
2,276 


1,185 
1,293 
2,470 


1,496 
1,662 
2,054 


1,219 
1,.363 
2,406 


1,.590 
1,760 
2,401 
1,207 


1,146 
1.273 
2,005 


1,453 
1,913 
2,188 


1,074 
1,253 
2,326 


1,510 
1,647 
2,277 


1,012 
1,170 
1,951 


1,560 
1,844 
2,312 


1,546 
1,827 
2,591 


1,152 

1,425 

796 


1,549 
1,746 
2,440 


2,072 

2,062 

2,110 

2,200 

1,098 

1,166 

1,151 

1,254 

1,149 

1 ,397  ; 

1,228 

1,.303 

1,904 

1,783 

1,831 

1,343 

1,004 
1,277 
1,925 
1,4,55 


1,168 
1,624 
1,872 
1,034 


1,180 
1,416 
2,038 
1,230 


12 


FARMS,   HOMES,   AND   MORTGAGES— MORTGAGES. 


Table  11.— AVERAGE   AMOUNT  OF    EACH    MORTGAGE  ON   ACRES   MADE  DURING  THE  10  YEARS    15 

AND  TERRITORIES  AND  YEARS. 


BY  STATES 


I  TERRITORIES. 


Alabama... 

Arizona 

Arkansas... 
California.. 
Colorado  .... 


Connecticut 

Delaware 

District  of  Columbia.. 

Florida 

Georgia 


Idaho.. 
Illinois 
Indiani 


Kansas 

Maine 

Massachusetts.. 

Minnesota 

Missouri 

Montana 


Nebraska 

Nevada 

New  Hampshire  . 

New  Mexico 

New  York 


Oregon 

Pennsylvania. 
Rhode  Island.. 
Tenn 


Utah 

Vermont .... 
"Wisconsin. 
Wyoming.. 


Average 

for 
10  years. 


1,168 
2,260 
6,874 


1,053 

1,187 
2,290 


1,066 
2,093 
3,414 


1,161 
1,180 
1,247 


1,077 
2,353 
4,464 


1,136 
2,180 
2,821 


1,412 
742 
901 

2,613 


1,004 
1,212 
1,515 


1,049 

899 

7,440 


1,080 
2,264 
6,100 


1,006 
1,150 
4,708 


1,292 
2,218 
4,048 


1,293 
1,963 
12,914 


1,299 

1,468 

835 

9,57 

1,006 

1,259 

2,638 

2,447 

1,094 
2,242 
1,535 


1,078 
1,410 
1,954 


810 
2,115 

643 
2,715 
1,772 

1,150 

2,61S 

8,32» 

925 


11,029 
1 ,704 

1,151 

],22(> 
2,477 
1,286 

1,463 

1,160 

876 

1,675 


Table  12.— AVERAGE  AMOUNT  OF  EACH   MORTGAGE  ON  LOTS   MADE   DURING   THE   10   YEARS  1880- 

AND  TERRITOEIES   AND  YEAES. 


9,  BY  STATES 


SD  TERRITORIES. 


Total  for  33  states  and  terri- 
tories. 

Alabama 

Arizona 

Arkansas 

California 

Colorado 

Connecticut 

Delaware , 

District  of  Columbia 

Florida '. 

Georgia 

Idaho 

Illinois 

Indiana 

Iowa 

Kansas 

Maine 

Massachusetts 

Minnesota 

Missouri 

Montana 

Nebraska 

Nevada 

New  Hampshire 

New  Mexico 

New  York 

Oregon  

Pennsylvania 

Rhode  Island 

Tennessee 

Utah 

Vermont 

Wisconsin 

Wyoming 


1,648 
1,630 
2,365 


2,169 
1,320 
1,325 


1,131 
1,028 
1,067 
3,776 

1,262 
1,373 
2,006 
1,111 


1,274 
3,133 

1,239 
1,169 
1,780 


1,878 
1,637 
2,255 
1,005 
1,065 

778 


1,313 
1,028 
1,103 
3,596 

1,221 
1,323 
2,604 


2,217 
1,201 
1,221 
1,064 


1,372 
1,395 
2,198 


1,742 
1,545 
2,370 


1,481 
1,305 
2,085 


1,011 
1,136 


1,586 
1,804 
2,134 


2,049 
1,270 
1,172 
1,214 


1,587 
1,439 
2,254 


1,155 
1,147 
1,350 


1,363 

1,666 
1,705 
2,263 
1,006 
1,072 

623 


2,240 
1,329 
1,295 
1,135 


1,173 
1,292 
1,901 
1,018 


81,647 

1,761 
1,315 
1,100 
1,852 
1,448 

1,629 
1,785 
2,445 


2,186 
1,304 
1,496 
1,154 


1,219 
1,343 
1,876 
1,404 


1,639 
1,648 
2,382 


2,205 
1,477 
1,451 
1,160 


1,337 
1,696 
1,860 
1,106 


1,67» 
1,736 
2,865 


2,291 
1,631 
1,596 


i,ooa 

1,325 
1,173 


1,231 

1,475 
1,977 
1,187 


SUMMARY  FOR 


STATES  AND   TERRITORIES. 


13 


Taui.e  13.— riCRCENTAGE   OF    NUMBER   AND   AMOUNT   OF  REAL  ESTATE   MORTGAGES  MADE  DURING  THE  10  YEARS 
1880-1889  BELONGING  TO  SPECIFIED  CLASSES  OF  AMOUNTS,  BY  STATES  AND  TERRITORIES. 


FOR   MORTGAGES   FOR   AMOUNTS  OF— 


For 
ber. 


Alabama 10,47 

Arkansas 10.92 

Conneoticiit  2.39 

Delaware 0.30 

Dist.  of  CoUiinbia.  0.51 

Illinois 3.2.5  ' 

Indiana 6.00 

Iowa 5.2.5 

Kansas 4.45 

Maine 8.95 

Massaclmsetts '  1.65 

Minnesota 2.99 

Missouri 5.73 

Nebraska 3.69 

New  Hampshire...  5.00 

Oregon '  3.36 

Pennsylvania '  11.95 

Rhode  Island 1.89 

Tennessee 8.56 

Vermont 5.37 

Wisconsin ,  5.35 


1.01 
1.01 
0.09 
O.Ol 
O.Ol 

0.13 
0.45 
0.39 
0.33 
0.81 

0.05  i 

0.18 

0.31 

0.30 

0.34 


Under  $500.        Under  81,000. 


For 
num- 
ber. 


$100  and 
under  $500. 


For 
ber. 


66.7.3 
69.67 
30.99 


51.31 
44.29 
46.85 
61.95 

26.. 52 
48,94 
48.04 
43.68  , 


6.11  59.27 
14.87  •  75.74 
12.72   ;  72.01 


3.29 
12.57 
10.11 


9.05  66.85 

7.30  I  68.09 

3.52  I  50.22 

10.88  73.22 

11.11  ;  71.32 

15.41  77.74  I 


23.62 
.36.21 
U.57 
11.91 
7.31 

16.75  : 

34.75 
34.16 
41.60 
41.89 


22.44 
16.97 
10. .35 
23.74 
27.86 
32.88 


For 
lamount. 


50.26 
58.75 
28.60 
18.49 


32.64 
45.31 
39.04 


24,87 
45.95 
42.31 
39.99 


40.24 
36.78 
26,98 
43.96 
41.01 

50.17  ; 


8500  and 
under  $1,000. 


For 
num- 
ber. 


15.34 
15.40 
22.59 
23.54 
19.95 


$1,000  and 
under  $5,000. 


3.24 
12.39 

9.80 
14.08 
13.01 


6.82 
3.46 
10.42 


24.43 
27.72 
30.49 
21.53 


23.07 
32.63 
25.47 

23.25 
19.36 
21.35 


15,50 
13.15 
41.06 
.50.61 
53.21 


10.64  36.21 

19,88  :  22,87 

21.44  I  26.74 

25.53  21.56 

21.31  !  15.38 


13.61 
26,00 
19.19 

13.39 
9.67 
6.83 


10.79      24.94 


25.74 
22.43 
24.46 

29,85 
27,87 
42,58 
23,62 
26,85 
20.74  , 


$5,000  and 
under  $25,000. 


For 
num- 
ber, i" 


2.74        20.27 


30.36  '  2.18 

36.22  1.69 

51.24  5.10 

53,43  I  6.87 

45.43  I  10.43 


48.71 


4.24 


53.15  f    1.21  I 

45.50  1.06  I 

39.51  ('    1.07  t 


2.94 
1.20 
1.60  I 


49.39 
39.55  i 
40,72 
40,69 
48.35 
44.25  : 


3.14 

3.71  ( 

G.51 

2,94 


K,000 
and  over 


For 
num- 
ber. 


18.78 
22.28 
26.31 


23.-33 
12.58 
10.27  1 
10.74  ' 
13.81  I 

29,57 
21,78 
22,07 
11,80 

14,94  : 

22.45  , 

23.50  1 

26.57 

21.84 

13.39 

13.57 


2.43 
1.78 
5,36 


1.25 
1.10 
1.14 

7.65 
2,82 
3,15 
1,26 


4.04 
7,20 
3.16 
1.83 
1.52  : 


46.02 
27.57 
34.19 
34,66 
47.26 

34.54 
15.53 
12.69 
12.90 
18.60 

47.88 
32.58 
33.60 
15.35 
19.56 

28.17 
43.48 
48.93 
35.57 
23.79 
22.87 


$25,000 
and  over. 


0.28 
0.04 
0.04 
0,04 


0.71 
0.22 
0.21 
0,06 
0.09 


11,21 
2,95 
2,42 
2.16 
4.79 

18.31 
10,80 
11,53 
3.55 
4.62 

5.72 
19,98 
22.36 
13.73 
10.40 

9.30 


14  FARMS,   HOMES,   AND   MORTGAGES— MORTGAGES. 

Table  14 ^NUMBER  AND  AMOUNT  OF  REAL  ESTATE  MORTGAGES  MADE  DURING  THE  10  YEARS  1880-1889 


RATES. 

TOTAL. 

1 

'                  1880 

1 

1881 

1883 

1883 

Number. 

Amount. 

1 

;  Number. 

Amount. 

Number 

Amount. 

i  Number 

1 

Amount. 

Number 

Amount. 

Total  for  21  states  and  territories  .. 

per  cent 
do 
do 
do 
do 

do 
do 
do 
do 
do 

do 
do 
do 
do 
do 

do 
do 
do 
do 
do 

do 
do 
do 
do 
do 

do 
do 
do 
do 
do 

do 
do 
do 
do 
do 

do 
do 
do 
do 
do 

do 
do 
do 
do 
do 

do 
do 
do 
do 
do 

do 
do 
do 
do 
do 

do 
do 
do 
do 
do 

do 
do 
do 
do 
do 

do 
do 
do 
do 
do 

do 
do 
do 
do 

do 
do 
do 
do 

5,660,010 

86,216,286,743 

390,864 

$358,854,204 

434,087 

$439,688,849 

481,199 

8518,007,059 

505,311 

$540,673,789 

0 

03 
0  5 
06 

1 

13 

7,595 

3 

3 

1 

303 

1 
6 

233 
1 

40 
1 
1 
1 
1,233 

1 

13 

114 

1 

1 
3 

9,497 
4 
4 

362 

5 

8,180 

3 

19 

286 

190,855 

133 

24 

6,025 

71 

18,525 

18 

87 

1,999,514 

71 
2,112 
1,150 

37 
14,942 

389 
67 
96 
219 
638,954 

18 

1,010 

836 

10 

9,007 

11 

2.79I 

1,442,749 

10 
445 

183  ' 

129 

7,433 

9 
3 

84 

2 

202,361 

98 
29 
3 

1,398 
6 
4 
11  i 

9,753,278 

62,625 

5,400 

1,5C0 

374,395 

9,000 
2,475 
390,432 
1,900 
4,183 

93,189 

3,800 

300 

1,665 

2,357,196 

85,000 

8,000 

18,125 

793,941 

183 

600 

11,080 

68,168,513 

153,000 

206,000 

4,634,283 

174,300 

65,798,215 

17,900 

162,100 

2,067,797 

599,219,635 

155,450 

67,075 

16,607,659 

183,344 

47,542,364 

74,892 

563,904 

2,525,582,960 

81,300 
2,520,049 
1,448,388 

43,850 
27,189,942 

705,630 
141,689 
229,654 
250,200 
740,594,521 

20,473 
811,026 
867,525 

16,321 
12,291,798 

10,250  ! 

4,395 

1,764,731 

2,900 

1,284,507,845 

7,350 

364,938 

219,394 

210,864 

7,770,205 

15,775 

3,500 

86,118 

800 

177,304,166 

18,400 
69,949 
27,155 
3,525 

1,091,591 
2,150 
4,600 
8,850 

491 

460,743 

520 

793,274 

615 

818,254 

661 

1,380,148 

1                1 

900 

) 

;           22 

! 

25,572 
9,000 

64 

53,285 

24 

69,843 

23 

13,760 

j 

1 
10 

775 
32,433 

2 

13 

13,810 

;           23 
1 

21,206 
1,900 

1              ^* 

44,897 

i;:::::::;::::: 

3 

9,495 

1 

6 

21,665 

I 

25,075 
3,800 

27 

[ 

1 
130 

1,665 
201,277 

3 

60 

106,268 

72 
1 

140,959 
85,000 

109 

188,546 

1 

5,000 



1           i' 
1          11 

150 
20,909 

i 
12 

4,500 
51,112 

3  5 

3 

4,584 

19 

52,670 

37 

:i 



!l 

281 

813,763 

630 

3,213,844 

873 

3,955,064 

886 

3,827,176 





1 

200,000 
13,700 

4  3 

2 

3,863 

1 

5,600 

2 

37,950 

4  5 

85 

646,540 

337 

2,818,337 

531 

5,379,198 

693 

6,150,968 
4,900 

1 

5 
13,159 

2,300 

17,500 
47,642,098 

4  8 
5 

2! 
4,, 596 

7,000 
15,676,872 

9,215 

21,800 
32,241,428 

5 
15,089 
4 
2 
5 

9,800  i 
45,503,325 
3,500  t 
6,000 
4,000 

13 
539" 

2,500 
27,140 

""l',600,'ilb" 

1 

10 

4 
1,058 

400 
56,225 

16,668 
3,260,489 

5  3 

18 
841 

61,336 

3,000 
2,707,226 

5  5 

i,381 

1 

1 

186,513 

3 

198 
54 
3 

1,288 

95 
7 
11 
13 
61,961 

1 
62 
105 

1 
513 

2 

3,881,104 

10,000 

2,250 

230,834,822 

2,700  i 

219,775 

91,935 

3,900 

2,282,142 

192,959 
23,350 
29,458 
14,650 
71,470,977 

1,845 
49,750 
125,630  I 

1,200 
801,214 

1,350 

S  8 
6 

141,536 

8,600 
158,557,411 

1 
157,450 

7 

112 

41 

7 

1,296 

2 
6 
5 

1 
49,277 

1 
61 
134 

1,100 
197,558,181 

9,700 

121,650 

52,030 

9,700 

2,073,797 

2,000 
8,450 
23,300 
1,200 
53,652,165 

978 
41,750 
144,147 

5 
174,798 

i4i 

37 

5 

1,347 

5 

7 
9 

""63,'939 

3 

62 
104 

8,600 
226,609,408 

6,000 

143,000 

58,763 

2,500 

2,089,527 

8,800 
14,500 
29,415 

'     68, 940, '687" 

1,400 
43,820 
109,788 

6  2 
6  3 
G  4 

1 
10 

450 
11,700 

6  5 

6  6 
6  7 

1,261 
1 

2,165,827 
300 

6  8 
6  9 

2] 

6,500 

7 
7  1 

36,734 

38,319,341 

7  2 
7  3 
7  4 

56 

157  ' 

43,900 
152,483 

7  5 
7  fi 

438 

605,590 

515 

704,228 

501 

666,296 

7  7 

2 
35 

995 
25,135 

7  8 
7  n 

1 

10,000 

1 

200 

lis 

1 
125,966 

65,664 

100 

106,168,262 

8 
8  1 

96,842 

81,757,038 

110,222 

86,628,997 

119,719 

2 
8 
11 

97,873,322 

1,300 
10,200 
10,966 

8  2 

1 
12 

300 
12,955 

60 
10 
25 
338 

2 

43,043 
10,761 
60,073 
319,572 

1,300 

8  3 

84 

5 

87 

8,611 

600 

94,689 

8  5 
8  f. 

98 

103,703 

187 

183,473 

8  7 

8  8 
8  9 

2 

3,200 

4 

5,925 

5 

5,278 

5 

3,300 

9 
9  1 

8,577 

5,885,101 

12,342 

8,676,788 

13,896 

10,518,360 

14,497 

12,122,971 

9  2 

1 
1 

450 
1,400 

6 
5 

4,489 
3,315 

10 

5,550 

9  3 

3 

1,050 

9  4 

9  S 

9  fi 

210 

149,058  1 

241 

136,132 

128 
1 

85,071 
800 

113 

77,312 

9  7 

1 

900 

i 

1 

1,500 
100 

9  8 

1 

360 

SUMMARY   FOR  33   STATES  AND   TERRITORIES. 

BEARING  SPECIFIED  RATES  OF  INTEREST  :    TOTAL  FOR  21  STATES  AND  TERRITORIES,  BY  YEARS. 


15 


1884 

1885 

1886 

Amount, 

■ 

1887 

1888 

Number. 

889 

Amount. 

B. 

Number. 

Amount. 

Number. 

Amount. 

Number. 

Number. 

Amount. 

Number. 

Amount. 

680,388 

$560,663,148 

591,402 

$596,407,463 

646,310 

$696,763,659 

715,556 

8839,079,171 

659,427 

$789,030,785 

705,466 

$877,118,646 

T 

0 

0.3 
0.5 
0.6 

1 

1.3 

1.5 

2 

2.3 

2.4 

2.5 
2.6 
2.7 
2.8 
3 

3.1 
3.2 
3.3 
3.5 
3.6 

3.7 

3.8 

4 

4.1 

4.2 

4.3 
4.4 
4.5 
4.6 
4.7 

4.8 

5 

5.1 

5.2 

5.3 

5.4 
5.5 
5.7 
5.8 
6 

6.1 
6.2 
6.3 
6.4 
6.5 

6.6 
6.7 
6.8 
6.9 

7 

7.1 
7.2 
7.3 
7.4 
7.5 

7.6 

7.7 
7.8 
7.9 
8 

8.1  . 
8.2 

8.3  . 

8.4  . 

8.5  . 

8.6  . 

8.7  . 

8.8  . 

8.9  . 
9       . 

9.1  . 

9.2  . 

9.3  . 

9.4  . 

9.5  . 

9.6  . 

9.7  . 

9.8  . 

otal. 

786 

907,420 

1           815 

963,298 

834 

1,020,445 

880 

1 

1,010,155 
2,625 

926 

1,014,601 

1,067 
2 

1 
1 
39 

1,384,940 
60,000 
1,500 
1,500 
64,065 

percent. 
....do. 

1 

3,000 

....do. 

....do. 

28 

27,006 

18 

34,413 

26 

31,879 

31 

22,814 

28 

31,758 

....do. 
....do. 

1 
24 

750 
15,968 

4 
16 

950 
15,254 

....do. 

ii                                                                                   

32,918 

19 

144,670 

27 

41,263 

28 

28,013 

....do. 
...do. 

1 
6 

2,500 
5,140 

1 
3 

1,683 
2,200 

....do. 

3 

7,800 

7 

9,200 

3 

7,400 

6 

5,214 

....do. 
...,do. 

1 

300 

1  

...do. 
....do. 
...do. 

....do. 

iiji" 

28'4"285" 

142" 

288,'504" 

i^' 

2S6,'295" 

I'ss" 

245  ,'561 

i'44" 

255^261 

i'es" 

i'io'seo' 

1 
5 
13 

3,000 
4,800 
18,521 

....do. 

3 

11 

1 

5,375 

23,543 

183 

i 

8 

1,000 
15,000 

11 

2,300 
34,430 

....do. 

3 

7,300 

23 

565,872 

....do. 
....do. 

1 

600 

...do. 

::;::;:::;:;::;.::::::::::::::::::::;■ 

991 
3 

7,080 

19,635,935 

150,000 

1 
1,277 

4,666 
8,976,545 

....do. 

938 

1 

3,815,655 
3,000 

1,106 

6,150,711 

1,447 

10, 294, 571 

1,068 

7,485,249 

....do. 
...do. 
....do. 

....do. 
...do. 

2 

5,700 

2 

12 

5,000 
87,000 

42 

543,630 

1 

66 

1,150 

1,081,425 

165,000 

9,189,508 

101 

1 

1,053 

1 

8 

84 

27,049 

51 

11 

1,630 

13 
3,037 

7 

20 

230,694 

17 

301 

236 

4 

1,943 

9 
9 
U 
78 
75,089 

2 

179 

55 

1 

1,275 

1 

1 
579 

1,253,572 
800 

8,466,443 
13,000 
69,200 

562,685 

104,660,005 

56,700 

30,350 

4,341,942 

30,772 

7,713,296 

16,600 

81,198 

299,315,600 

18,400 

370,624 

301 ,875 

1,650 

4,059,718 

7,450 
14,000 
16,090 
93,800 
89,940,951 

4,300 

149,539 

45,142 

7,000 

1,836,761 

300 

1,600 

360,208 

132 

1,423 

7" 

94 

28,9,50 

16 

3,557 

46 

3,633 

1 

23 

275,565 

10 

414 

272 

4 

2,230 

13 
15 
19 
33 
81,154 

165 

62 

1 

1,528 

4 

1,601,843 

8,600 

11,451,207 

'76^606' 

698,112 

98,487,942 

25,700 

22,325 

9,666,970 

110,384 

9,064,038 

12, COD 

82,956 

386,619,605 

10,900 

.523,910 

344,902 

8,800 

4,673,835 

12,950 
39,200 
46,751 
30,600 
97,140,782 

2,600 

125,746 

59,8.52 

300 

2,094,709 

4,700 

743 

6,334,190 

821 

5,612,562 

1,344 

9,749,262 

....do. 
....do. 

1 

12 

21,908 

14 

6,66o 

70,900 

58,313,618 

17,100 

15 
25,939 

'l 
119 

1 

2,1.58 

1 

4 

206,997 

1 

234 

141 

4 

1,410 

16 
1 
6 

14 

68,799 

8,000 

133,750 

72,485,111 

22,750 

5,000 

451,306 

320 

4,896,149 

10,000 

5.500 

249,775,718 

1,200 
324,950 
158,158 

5,800 
2,552,829 

12,750 
1,500 
23,700 
15,050 
81,335,521 

....do. 



6 

17,025 

4 

61 ,950 

45,585,393 

4,200 

56 
27,925 

"1 
640 

1 

2,560 

4 

21 

228,295 

11 
240 

223 

484,300 

78,723,843 

25,500 

,500 

1,911,940 

1,.TO0 

6,205.030 

6,892 

160,950 

304,761,378 

11,350 
285,655 
265,275 

....do. 
....do. 
....do. 
....do. 

8 

2 
1,555 

194,401 

10 

239 

60 

7 

1,355 

123 
10 
14 

61,080 

4 
84 
61 

2 
867 

3 

27,800 

7,200 

4,023,392 

5,400 

3,350 

237,692,777 

11,100 

256,665 

70,850 

6,200 

2,342,669 

245,372 

15,439 

15,515 

1,100 

72,308,826 

5,200 
66,800 
53,021 
5,300 
1,096,300 

1,400 

25 

2 
1,761 

7 
203,265 

7 

228 

76 

3 

1,015 

118 

5 

8 

6 

63,554 

2 
88 
69 

50,000 

13,500 

4,191,530 

U,000 

209,400 

233,858,160 

9,950 

270,370 

92,900 

5,300 

1,727,036 

216,999 

15,800 

22,850 

2,500 

73,347,768 

1,550 
69,190 
92,547 

....do. 

....do. 
....do. 
....do. 
....do. 
....do. 

...do. 
....do. 
....do. 
...do. 

1,797 

7 
7 
11 
71 
77,367 

3 

165 

42 

5 

1,132 

3,222,562 

6,050 
9,450 
16,075 
91,300 
91,137,503 

2,600 

150,406 

46,222 

2,521 

1,534,787 

....do. 

....do. 
....do. 
...do. 
....do. 
.  ..do. 

...do. 

88 
47 

70,125 
38,393 

...do. 
...do. 

1,100 
1 

1,417,441 
2,500 

1,138 

1,534,472 

...do. 

1 
414 

1,800 
256,334 

...do. 

225 

158,697 

337 

208,522 

455 

1 

206,687 

1 
60 
31 
14 
1,535 

2 

297,087 

2,800 

220,734,607 

800 

.56,400 

44,015 

11 ,752 

1,592,467 

9,025 

626 

382,884 

...do. 
...do. 

129,621 

1 
57 
12 
24 
487 

110,394,572 

1,300 
40,620 
12,750 
56,700 
474,808 

144,597 

""116,880,113 

i67,587 

1 
90 
31 

9 
1,628 

155,637,606 

300 

75,125 

29,708 

10,073 

1,713,397 

166,915 

1 
80 
33 
19 
1,218 

148,786,339 

400 

67,200 

37,823 

19,862 

1,278,243 

2,900 

174,593 

4 
56 
29 
15 
1,139 

3 

160,246,989 

3,250 
43,0.50 
43,100 
19,639 
1,118,907 

2,550 

...do. 
...do. 

33 
9 

21 
716 

29,000 

8,705 

42,265 

860,946 

...do. 
...do. 
...do. 

...do. 

2 
11 

1,700 
12,700 

1 

6 

1 

27,937 

1 
24 
3 

1,800 

15,100 

700 

24,665,921 

500 
18,550 
3,150 

10 

9,625 

7 

8,100 

9 

7,100 

"1 
17,815 

15,790 

100 

16,598,785 

...do. 
...do. 

17,340 

1 
22 
3 

14,302,756 

17,900 
12,200 
1,700 

37,713 

34,389,024 

29,657 

28,129,407 

22,587 

22,015,053 

...do. 
...do. 

12 
5 

7,766 
5,000 

9 

1 

6,400 
1,600 

5 
3 

99 
2 

4,900 
2,740 
2,725 

91,860 
200 

9 
5 
1 

75 

9,710 

7,200 
800 

66,700 
900 

...do. 
...do. 
...do. 

119 

84,763 



164 

146,702 

143 

131,410 

106 

1 
1 
1 

122,583 

250 

1,200 

800 

...do. 
...do. 

1 

1 

i,oo6' 

1,800 

...do. 

3 

2,550 

3 

2,700 

1 

600 

...do. 

16 


FARMS,   HOMES,   AND   MORTGAGES— MORTGAGES. 
Table  14.— NUMBER  AND  AMOUNT  OF  REAL  ESTATE  MORTGAGES  MADE  DURING  THE  10  YEARS  1880-3889 


TOTAL. 

1880 

1881 

1888 

1883 

Number. 

Amount. 

Number. 

Amount. 

Number.!     Amount,    i;  Number. 

Amount. 

Number.i     Amount. 

10      iHTCtnt 
JO  1        do 
10  2        do 
10  3        do 
10  5        do 

10  6        do 

10  8        do 

11  do 
a  3       do 
11  i        do 

11  5        do 

12  do 
12  3        do 
12  5        do 

982,829 

1 

1 

11 

688 

1 

2 

6,646 

i 

12 

84,472 

3 

3,614 

1 

1,023 

$.557,961,292 

5,0UU 

100 

16,100 

357,190 

250 

5,200 

5,264,539 

2,30U 

350 

4,750 

40,420.796 

1,675 

2.185,730 

1,400 

562,835 

600 

1,755 

55,729 

696 

757,145 

1,600 

144,227 

543,0:33 

1,536 

325 

244,302 

1,209 

1,359,019 

200 

61,461 
11,200 
700 
5,225 
9,232 

200 

75 

1,152 

12,914 

399 

62 

174,169 

200 

2,193 

2,517 

250 

75 

88,872 

$46,972,896 

83,648      544,584,907 

83,096 

845,787,049 

86,725 

850,698,023 

1 

55 

24,428 

15  ;               5,734 

12 

15,072 

15  !              10,175 
1  !                    250 

::::::::::;:::: 

412 

309,214 

277               206,739 

336 

300,895 

301               231,734 

1                      350 



8,736 

4,035,064 

5,592  :        2,323,943           5,092 

2,412,544 

5,957           2,785,183 

75 
1 

40 

48,375 
1,400 

18,534 

129  :              73,542  t;            227 

121,015 

375  '            225,267 

1 

13           do 

68                36,332  :               74 

30,872 

110                67,232 

13  5        do                                                                                       1 

i 

635 

1 

3,000 

1                  1,050 
1                      696 

96                 83,982 

14  2        do 

1")           do 

15  7        do 

16  <lo 
lb  7        do 

17  do 

17  5        do 

18  do 

19  do 

20  do 

1 

1,S29 

1 

382 

933 

2 

738 

4 

6,394 

1 

143 
91 

70 

96,888 

71                63,564 

87 

80,919 
1.600 
14,113 
22,231 

16 
40 

1 

10,388 

25,313 

536 

16                  9,398 
42  1              23,477 

34 
42 

36                 12,625 
72                36,428 

i 

1  ;                    200 
38  ;              20,213 

32 

1 
417 

13,562 

400 

95,834 

39  1              19,986 

33 

22,661 

495               163,567 

619 

143,343 

569 

126,930 

21            do 
2)           do 

9 
5 

2,510 
390 

12  1                5,853 
12  i              2,757 

8 
10 

1 

4,622  1                 7 
332                 13 

2  075 
1,217 

3 

1 

2,550 
1,225 

200 

1] 

30           do                                                                              27 

i  i                  600 

2 

335 

2 

285 

2 

200 

5 
1 

1,040 
75 

7 

1,411 

1 
586 
1 
17 
3 

2 
1 

■10           do 

35 

6,588 

63                 18,117 

78 

23,902 

81 
1 

18,350 
200 

(8           do 

;::::::::::::::  :::::::::::::::::::::i 

1 
1 

250 
120 

2                      350 

4 

900 

1 
1 

3,400 

1,100 
1,664 

i 

2                        975 

1 

75 

1 

10 
3 

T 
1 

1 

55 

4,491 
3,016 
1,050 
200 
100 
2,500 

1 

1 

200 
1,000 

4                   2,091 
1                      416 

1  t                    200 

1 

100 



1 

1 

2,500 

SUMMARY  FOR  33   STATES  AND   TERRITORIES. 


17 


BEARING  SPECIFIED  RATES  OF  INTEKEST:   TOTAL  FOR  21  STATES  AND  TERRITORIES,  BY  YEARS— Continned. 


1884 

188S 

1886 

1887 

1888 

1889 

K> 

Number. 

Amount. 

Number. 

Amount. 

Number. 

Amount. 

Number. 

Amount. 

Number. 

Amount. 

Number. 

Amount. 

93,371 

$54,977,737 

108,463 

860,215,995 

112,273 

$61,301,557 

116,305 

$68,165,187 

108,021 

1 

$64,514,020 
5,000 

102,055 

$60,743,921 

10 

10.1 

10.2 

10.3 

10.5 

10.6 

10.8 

11 

11.3 

11.4 

11.5 

12 

12.3 

12.5 

12.8 

13 

13.3 

13.5 

14 
14.2 

15 

15.7 

16 

16.7 

17 

17.5 

18 

19 

per  cent. 
....do. 

r 

1 
169 

ioo 

200 
65,117 

....do. 

1 
21 

100 
16,203 

_1 

4,250 
36,144 

4 
112 

3,400 
65,637 

3 
39 

7,900 
23,107 

....do. 

178 

95,573 

...do. 
....do. 

1 

392 

1 

200 

320,010 

1,000 

i 

1,268 

5,66o 
1,016,927 

....do. 

550 

1 

411,489 
1,300 

844 

767,142 

1,469 

992,375 

794 

708,014 

...do. 
...do. 

....do. 

1 

7,696 

1 

467 

700 

3,863,817 

400 

256,423 

""'w,'iii' 
1 

589 

4,'83r,'529 

300 
373,078 

10 
12,451 

3,150 
5,770,055 

1 

13,291 

900 

6,589,639 

....do. 

11,106 

5,483,101 

4,138 

1 
458 



2,295,921 

975 

288,706 

....do. 
....do. 

413 

212,294 

478 

357,729 

403 

229,271 

....do. 
....do. 

69 

33,008 

89 

42,031 

154 

108,949 

207 

120,178 

113 

69,954 

99 

1 

35,745 
600 

...do. 
....do. 

1 
37 

1,755 
36,991 

....do. 

1 

1,120 

2 

4.57 

6 

2,700 

8 

2,350 

15 

7,426 

....do. 
...do. 

132 

85,860 

163 

99,680 

164 

58,732 

167 

71,869 

194 

58,668 

185 

56,983 

....do. 
....do. 

26 

76 

1 

14,987 
38,901 
1,000 

45 

82 

13,124 

.50,722 

51 
135 

18,504 
76,640 

50 
108 

14,936 
72,373 

37 

170 

ii,397 
99,889 

71 
166 

24,735 
97,029 

....do. 
...do. 
....do. 

1 
195 

125 
50,564 

....do. 

37 

20,021 

55 

15,665 

85 

19,785 

126 

28,377 

98 
1 

863 

1 

20 
12 

33,568 
1.59 

....do. 
....do. 

489 

99,346 

695 

141,441 

718 

145,368 

701 

147,749 

828 

179,910 

175,591     20 
200     21 

....do. 
....do. 

11 

8 

>  311 
1  3o2 

16 
6 

5,387 
189 

10 

'\ 
1 
1 

6,450 
2,467 

700 
2,675 

100 

33 

18,343 
400 

17 
9 

8  350 
446 

5,530 
1,650 

24 
25 
26 

do. 
do. 
do. 

27 
30 

31 
32 
35 
36 
37 

39 
40 
42 
48 
50 

do. 

6 

820 

1 

50 

6 

1,642 

5 

4  175 

do. 

do. 

1 

75 

do. 

2 
5 
1 

1 ,  115 

3,430 

324 

1 
4 

37 
1,530 

do. 

5 

435 

G 

1,227 

5 

1,100 

9 

2,521 

do. 
do. 

1 

1 
51 

62 
14  631 

do. 

50 

20,702 

50 

18,131 

69 

26,052 

56 

13,327 

53 

14,369 

no. 
do. 

4 

220 

4 

602 

1 
1 

200 
50 



5 

763 

2 

1 

2 

301 
2  100 

250 

i 

1 

107 
367 

do. 
<Io. 

52 
54 
57 
60 
61 

62 
63 
64 

do. 





1 

75 

:::::::;::;:;:: 

liO. 



do. 

8 

10,712 

3 

1 

615 
3,400 

1 

88 

5 

1,225 

i 

650 

1 

ioo 

do. 
do. 

1 

1,100 

do. 

1 

164 

1 

1,500 

do. 

1 
1 

800 

do. 

"""::::::::. 

900     70 

liO. 

1 

1 

1 
1 

55 

300 

1,600 

50 



80 
81 

do. 

1 

1,000 

1 

50 

1 

350 

1 

500 

do. 

do. 

1 

1,000 

84 
90 
120 
144 

do. 

do. 

do. 

do. 

18 


FARMS,   HOMES,   AND   MORTGAGES— MORTGAGES. 


15.— PERCENTAGES   SHOWING   THE    AVERAGE   ANNUAL    RATES   OF   INTEREST  BORNE   BY   THE  REAL   ESTATE 
MORTGAGES  MADE  DURING  THE  10  YEARS  1880-1889,  BY  STATES  AND  TERRITORIES  AND  YEARS. 


RRITORIES. 


Total  for  21  states  and  terri-  6.62 

lories. 

Alabama 8.30 

Arkansas 9-11 

Connecticut 5.69 

Delaware 5.75 

District  of  Columbia 6.01 

Illinois 

Indiana 

Iowa 

Kansas 

Maine 

Massachusetts  .. 

Minnesota 

Missouri 

Nebraska 

New  Hampshire 

Oregron 

Pennsylvania.... 

Rhode  Island 

Tennessee 

Vermont 

Wisconsin 


9.16 
8.80 
5.91 


8.94 
9.07 
5.77 


8.95 

8.96 

8.61 

9.07 

8.72 

7.58 

7.97 

9.20 

9.15 

9.29 

9.15 

9.19 

9.08 

9.14 

5.76 

5.74 

5.77 

5.71 

5.55 

5.62 

5.62 

5.75 

5.78 

5.82 

5.82 

5.69 

5.69 

5.72 

6.18 

0.09 

6.14 

6.04 

5.94 

5,91 

5.91 

S.54 
5.64 
5.85 


6.78 
6.88 
7.74 
8.83 
6.15 

5.51 
7.80 
7.80 
8.38 
5.98 

9.63 
5.67 
5.76 
6.00 
5.96 
6.93 

7.39 
7.13 
8.29 
9.47 
6,27 

6,06 
8,62 
8,39 
8,82 
5,99 

10.71 
5,87 
6,23 
6,01 
5,81 
7,57 

6,96 
6,86 
7,94 
9,20 
6,11 

5,80 
8,29 
8,11 
8.83 
5,97 

9,85 
5,77 
5.74 
6.01 
5.99 
7.14 

6.77 
6.84 
7.80 
8.98 
6.13 

5.63 
7.97 
7.97 
8.42 
5.99 

9.57 
5.72 
5.77 
6.00 
5.99 
6.91 

6.84 
6.87 
7.73 
8.97 
6.16 

5.63 
7.98 
7.96 
8.41 
5.98 

9.52 
5.-0 
5.85 
6.02 
5.99 
6.98 

6.92 
6.97 
7.71 
S.S9 
6.18 

5.56 
7.97 
8.01 
8.38 
5.98 

9.62 
5.76 
5.82 
6.00 
5.98 
6.95 

6.87 
7.03 
7.83 
8.86 
6.16 

5.48 
7.86 
8.02 
8.64 
5.99 

9.69 
5.70 
5.69 
6,00 
5,97 
6,93 

6,69 
6,94 
7,68 
8,86 
6,11 

5,29 
7,72 
7,81 
8,50 
5.97 

9.64 
5.62 
5.60 
6.00 
5.99 
6.83 

6.67 
6.81 
7.59 
8.71 
6.13 

5.37 
7.70 
7.71 
8.34 
5.96 

9.38 
5.64 
5.68 
5.99 
6.00 
6.79 

6.68 
6.84 
7.62 
8.80 
6.13 

5.47 
7.64 
7.61 
8.28 
5.98 

9.52 
5.44 
5.71 
6.00 
5.99 
6.79 

6.53 

6.67 

7.48 

8.48 

6.18 

5.35 

7.45 

7.33 

8.04 

5.98 

9.42 

5.65 

5.69 

6.00 

5.93 

6,78 

Table   16. 


-PERCENTAGES   SHOWING  THE  AVERAGE  ANNUAL   RATES  OF   INTEREST   BORNE   BY  THE  MORTGAGES    ON 
ACRES  MADE  DURING  THE  10  YEARS  1880-1889,  BY  STATES  AND  TERRITORIES  AND  YEARS. 


ST.\TK-S    .*St)   TERRITORIES. 

Average 

for 
10  years. 

1880 

1881 

1883 

1883 

1884 

1885 

1886 

1887 

1888 

1889 

Total  for  21  states  and  teiri- 

6.78 

8.44 
9.10 
5.75 
5.77 
5.83 

7.02 
6.91 
7.65 
8.71 
6.21 

5.71 
8.12 
8.37 
8.44 
5.99 

9  61 
5.69 
5.82 
6.00 
5.96 
6.98 

6.78 

6.60 

6.45 

6.57 

6.68 

6.90 

7.00 

7.01 

6.87 

6.78 

9.45 
8.62 
5.90 
5.97 
6.95 

7.55 
7.11 
8.20 
9.36 
6.23 

6.12 
8.74 
8.88 
8.70 
6.00 

10.84 
5.87 
6,19 
6,00 
5,77 
7,67 

9,06 
9,02 
5,85 
5,74 
6.78 

7.14 
6.85 
7.84 
9.10 
6.11 

5.96 
8.50 
8.56 
8.74 
5.98 

9.93 
5.77 
6.01 
6.00 
5.99 
7.23 

9.00 
9.14 
5.80 
5.75 
6.32 

6.98 
6.83 
7.70 
8.88 
6.18 

5.a5 

8.20 
8.57 
8.32 
6.00 

9.67 
5.72 
5.75 
6.00 
5.99 
6.95 

9.11 

9.12 
5.81 
5.80 
5.93 

6.98 
6.88 
7.61 
8.82 
6.24 

5.73 
8.26 
8.41 
8.31 
5.98 

9.46 
5.70 
5.95 
6.04 
6.00 
7.00 

8.76 
9.29 
5.80 
5.77 
5.64 

7.09 
7.00 
7.59 
8.71 
6.28 

5.75 
8.19 
8.53 
8.24 
5.99 

9.52 
5.76 
5.91 
6.00 
5.98 
6.99 

9.39 
9.11 
5.77 
5.77 
5.75 

7.16 
7.11 
7.72 
8.68 
6,24 

5,70 
8,08 
8,62 
8,64 
5,99 

9,72 
5,70 
5,78 
5,99 
5,97 
6,96 

9.11 
9.19 
5.61 
5.68 
5.84 

7.00 
7.02 
7.57 
8.72 
6.19 

5.52 
8.00 
8.31 
8.61 
5.99 

9.63 
5.62 
5.77 
6.00 
5.99 
6.86 

7.46 
9.17 
5.67 
5.82 
5.69 

6.91 
6.88 

7.47 
8.58 
6.22 

5.57 
7.85 
8.06 
8.60 
5.98 

9.33 
5.64 
5.49 
5.99 
6.00 
6.80 

7.97 
9.16 
5.66 
5.74 
5.77 

6.86 
6.91 
7.49 
8.66 
6.16 

5.68 
7.93  ■ 
8.20 
8.43 
5.98 

9.44 
5.44 
5.78 
6.00 
5.99 
6.79 

8.34 

Arkansas 

Connecticut 

Delaware 

9.03 
5.72 
5.77 
5.77 

6.70 

6.67 

7.41 

Kansas 

8.38 
6.24 

5.60 

7.96 

8.04 

Nebraska 

8.19 
5.98 

Oregon 

9.28 
5.65 

Rhode  Island 

5.77 
5.99 

Vermont 

Wisconsin 

5.92 
6.75 

SUMMARY  FOR  ;3:]  STATES  AND  TERRITORIES. 


19 


Tahi.k   17. 


-PERCENTAGES   SHOWING   THE  AVEKAGE   ANNUAL   RATES   OF   INTEREST  BORNE  BY  THE  MORTGAGES  ON 
LOTS  MADE  DURING  THE  10  YEARS  3880-1889,  BY  STATES  AND  TERRITORIES  AND  YEARS. 


•  TKRRITOBIES. 


Total  for  21  states  and  terri 
tories. 

Alabama 

Arkansas 

Connecticut 

Delaware 

District  of  Columbia 

Illinois 

Indiana 

Iowa 

Kansas 

Maine 

Massachusetts 

Minnesota 

Missouri 

Nebraska 

Xew  Hampshire 

Oregon 

Pennsylvania 

Rhode  Island 

Tennessee 

Vermont 


Average 

for 
10  years. 


7.97 
9.11 
5.67 
5.74 
6.02 


8.04 
9.14 
6.11 

5.48 
7.59 
7.35 
8.27 
5.98 


5.66 
5.75 
6.00 
5.98 
6.86 


7.18 
8.60 
10.01 


5.97 

10.43 
5.87 
6.23 
6.02 
6.00 
7.31 


8.19 

8.49 

9.20 

9.38 

5.75 

5.76 

5.70 

5.75 

6.23 

6.17 

6.76 

6.59 

6.87 

6. SB 

8.34 

8.19 

9.67 

9.40 

6.11 

G.IO 

5.77 

.5.59 

7.96 

7.76 

7.51 

7.31 

9.16 

8.86 

5.97 

5.99 

9.64 

9.38 

5.77 

5.72 

5.71 

5.77 

6,02 
6.00 
6.98 


8.31 
9.20 
5.73 
5.77 
6.09 


6.86 
8.18 
9.53 


5.61 
7.78 
7.37 
8.87 
5.99 


5.83 
6.00 
5.97 
6.92 


6.92 
8.14 
9.64 
6.10 

5.54 
7.82 
7.48 
8.99 


9.79 
5.76 
5.78 
6.00 
5.99 


8.13 
9.26 
5.70 
5.85 


6.65 
6.89 
8.19 
9.63 


7.43 
8.63 
5.99 


9.19 
5.54 
5.69 


7.42 
8.28 
5.95 

9.68 
5.62 
5.. 58 
6.00 
5.99 
6.77 


8.96 
5.60 
5.64 


7.63 
7.50 
8.15 
5.94 


5.64 
5.72 
5.99 
6.00 
6.77 


6.42 

6. 37 

7.98 

7.75 

9.09 

8.89 

5.61 

5.51 

5.71 

5.60 

5.91 

5.85 

6.60 

6.46 

6.73 

6.66 

7.91 

7.65 

9.05 

8.65 

6.11 

6.14 

5.43 

5.31 

7.50 

7.21 

7.26 

6.96 

8.08 

7.86 

5.99 

5.99 

9.63 

9.64 

5.44 

5.65 

5.69 

5.68 

6.00 

6.00 

5.99 

5.96 

6.80 

6.81 

Table  18. 


-PERCENTAGE  OF  NUMBER   AND  AMOUNT   OF   REAL   ESTATE   MORTGAGES   MADE  DURING  THE   10   YEARS 
1880-1889  BEAEING  SPECIFIED  RATES  OF  INTEREST,  BY  STATES  AND  TERRITORIES. 


MORTGAGES  BEARING   INTEREST  AT  ] 


Under 
per  cenl 


For 
amount. 


Total  for  21  states  t    4.30  | 
and  territories. 

Alabama 0.06  ' 

.Arkansas 0.18 

Connecticut 17.29 

Delaware 11.43 

Dist.  of  Columbia.  3.88  i 

Illinois ;  1.92 

Indiana 0.81  ! 

Iowa 0.33 

Kansas 0.10 

Maine ;  2,98  : 

Massachusetts 24.54 

Minnesota 2.18 

Missouri 0.89 

Nebraska 0.41 

New  Hampshire.,     0.85 

Oregon 0.32 

Pennsvlvania 11.26 

Rhode  Island 15.65 

Tennessee 0.19 

Vermont 0.39 

Wisconsin 1.93 


For 
num- 
ber. 


1.94      98.99 


0.55 
70.61 
61.06 
99.29 
96.49 


For 
num- 
ber. 


6.44     75.46  '      80.61       6.; 


45.68 
11.19 
24.67 
9.87 
97.87 


0.04 
10.02 
0.02 
O.Ot 


32.47      41.79 


For 
num- 
ber. 


0.31 
nO.OO 
4.90 

26.93 
15.42 
21.54 
11.62 
4.99  : 

2.81 


0.09 
5.51 
0.06 
0.01 


For 
amount, 


63.60 
14.76 
0.02 


6  to  8  per  cent,  !  Over 

inclusive.      I:    6  per  cent. 


For 
num- 
ber. 


47.64 
21.86 
5.94 

1.23 
42.87 
31.92 


8.61 
0.07 
1.40 


27.53 
36,62 
47.71 


0.50 
43.72 
36.67 


0.43 
0.09 
aO.OO 


For 
amount. 


71.86 
23.54 
82.70 
88.57 
93.49 

97.91 
98.98 
73.31 
36.02 
88.61 

74.38 
65.03 
50.99 
40,41 
99.12 


Over 

8  per  cent. 


Over 
10  per  cent. 


Over 
12  per  cei 


69.23 
75.66 
86.31 

94.98 
98.47 
84.61 


For 
ber. 


0.38 
0.01 
16.76 

7.3.37 
62.70 
89.86 


11.58 
93.19 
87.28 
93.99 
0.16 


70.76        0.21 


68.07 
99.44 
96.. 50 
91.01 


13.38 
0.20 
0.02 

82.41 


46.18     23.01 


For 
num- 
ber. 


13.60  '  24.07 
70.62  0.08 
0.01    


For 
amount. 


For 
num- 
ber. 


9.56 

2.63 

0.84 

55.85 

0.17 

0.15 

53.75 

0.21 

0.18 

85.01 

26.36 

14.70 

95.31 

63.88 

56.09 

12.95 

8.41 

3.38 

0.01 

0.01 
0.01 
0.03 
11.76 
2.23 


aO.OO 

0.01  I 
aO.OO 
0.02 
7.34 
0.63 


0.01 

I  |!  ' 

5.66  1.08  0.39  ■     0.49  0.15  0.15             0.03 

86,03  32.79  18.46  0.12  0.09  0,01             0.01 

72.87  48.12  25.77  0.06  0.04  0.01             0.01 

89.57  !  59,18  43.68  0.09  0.11  0.01             0.02 

0.19  0.03  0.01  0.01  aO.OO    

99.16  85.95  83.44  4.89  4.34  0,28             0.32 

0.19  0.10  0.04  0.04  0.02    

7.12  0.53  O.ll  0.14  0.03  0.05             0.01 

0.30  0.10  0.15,     0.01  aO.OO    

0.02  aO.OO  0.01  

63.74  !  11.10  5.17  I     0.01  0.01    


,  Less  than  five-thousandths  of  1  per  c 


20 


FARMS,  HOMES,   AND   MORTGAGES— MORTGAGES. 


Table  19.- 


-PERCEXTAGE  OF  NUMBER  AND  AMOUNT  OF  MORTGAGES  ON  ACKES  MADE  DURING  THE  10  YEAKS  1880-1889 
BEARING  SPECIFIED  RATES  OF  INTEREST,  BY  STATES  AND  TERRITORIES. 


MORTGAGES  BEARING 


RATES  OF — 


Unde 
STATES  6  per  ce 

AND  TEBRITOKIES. 


Alabama 0.03 

Arkansas 0.16 

Connecticut 13.36 

Delaware 10.77 

Dist.  of  Columbia.'    8.13 

Illinois 1.91 

Indiana 0.87 

Iowa 0-32 

Kansas 0.10 

Maine 3.18 

Massachusetts 21.44 

Minnesota 3.88 

Missouri 0.51 

Nebraska 0.40 

New  Hampshire...'    0.87 

Oregon 0.34 

Pennsylvania ;  10.77 

Rhode  Island ]  14.16 

Tennessee 0.28 

Vermont 0.42 

Wisconsin ,    2.27 


1.43  1 
0.53 
23.56 
22.94 
29.45 

2.20 
1.28 
0.66 
0.18 
6,30 


0.98 
0.62 
1.56 

0.34 
27.44 
24.36 
0.36 
4.15 
4.04 


!l 
j  per  cent.      ;     7  per  cent.  8  per  cent. 


For 
num- 
ber. 


1.82 
22.37 
86.23 
89.20 
73.69 

16.45 
33.16 

12. .53  I 
4.42 
71.23 


0.43 
89.01 
72.89 
99.43 
99.56  I 
13.96 


22.14 
13.49 
76.18 
77.06 
62.63 

28.31 
43.06 
15.48 
5.03 

78.48 

59.53 
6.64 

12.01 
8.23 

98.20 

0.57 
72.37 
70.32 
99.17 
95.83 
29.79 


For 
num- 
ber. 


0.30 
0.0! 
8.37 


17.37 
12.99 
5.94 


6.83  j 
0.05  ! 
9.54  I 
0.03 
0.01 
38.21 


0.23        0.02 


31.38 
16.11 
23.02 
13.07  ' 
4.72 


24.79 
8.34 
12.55 


55.68 
53.24 
49.80 
20.81 


1.15 
25.46 
28.49 
20.98 


0.13 

0.01 

2.63 

10.20 

0.10 

0.07 

4.23 

2.05 

0.11 

0.13 

aO.OO 

0.01 

38.37 

32.48 

6  to  8  per  cent, 


65.48 
13.29      25.90 

0.01  86.62 
!   89.23 

5.07 


97.91 
98.88 
80.39 
38.58 
84.53 


35.67 
38.12 
47.98 
25.87 
4.43 

0.51 
31.97 
38.94 
29.39 

0.07 


16.14  17.46 
0.05  ij  89.13 
0.43  !l  85.38 
0.16  I  99.59 
O.Ol    ;  99.58 

21.34   I  85.18 


80.23 
28.59 
76.43 


6  per  cent. 


For 
num- 
ber. 


0.36 
0.03 
18.18 


76.43 
85.98 
0.26 
oO.OO 


Over 
8  per  cent. 


For 
num- 
ber. 


For 
amount. 


34.49 
73.94 
0.02 


18.34 
70.88 
0.01 


88.19      25.59 


19.34 
72.52 
75.60 
99.44 
95.84 
90.40 


69.49 

0.18 

55.66 

0.25 

83.86 

19.29 

94.79 

61.32 

15.22 

12.29 

0.64 

0.21 
0.20 
11.78 
55.33 
5.51 

0..52 


Over 
10  per  cent. 


For 
num- 
ber. 


0.01 
0.01 
0.02 
8.29 


92.34 

87.01 

56.96 

39.27 

0.08 

92.86 

91.15 

58.48 

48.08 

0.03 

0.15 

0.24 

0.02 

0.03 

0.01 

99.23 

99.09 

82.20 

80.32 

5.39 

0.22 

0.19 

0.10 

0.04 

0.04 

12.95 

5.32 

0.46 

0.04 

0.07 

0.29 

0.47 

0.13 

0.20 

0.01 

0.02 
66.17 

aO.OO 
12.55 

0.01 
5.56 

83.77 

0.01 

aO.OO 
oO.OO 
0.02 
5.45 
1.03 

0,12 
0.08 
0.06 
0.11 
0.01 

5.52 
0.02 
aO.OO 
0.01 


Over 
12  per  cent. 


For 
amount. 


0.15 
0.01 
0.01 
0.01 


0.03 
0.01 
0.01 
0.02 


Table  20.— PERCENTAGE  OF  NUMBER  AND  AMOUNT  OF  MORTGAGES  ON  LOTS  MADE  DURING  THE  10  YEARS  1880-1889 
BEARING  SPECIFIED  RATES  OF  INTEREST,  BY  STATES  AND  TERRITORIES. 


MORTGAGES  BEARING  INTEREST  AT  , 


Under 
STATES  6  per  cent. 

AND  TERRITORIES. 


For 


44.95        48.19 


Alabama ;    0.14 

Arkansas 0.23 

Connecticut 18.63 

Delaware i  11.62 

Dist.  of  Columbia.!    3.83 

Illinois I  1.93 

Indiana 0.72 

Iowa 0.35 

Kansas , 0.11 

Maine 2.75 

Massachusetts \  25.22 

Minnesota '    0.28 

Missouri 1.35 

Nebraska '    0.43 

New  Hampshire ..     0.81 

Oregon 0.28 

Pennsylvania 11.48 

Rhode  Island 15.89 

Tennessee 0.10 

Vermont 0.32 

Wisconsin 1.40 


0.18  2.86 
0..30  i  7.80 
32.50  i   80.98 


30.62 
40.91 
3.97 
1.53 
80.18 

62.96 
5.46 

17.33 
3.30 

99.01 


3.G6 
0.44 
2.36  I 

0.19  I 
29.89 
33.20 
0.45 
1.46 
3.41 


0.24 
88.31 
70.66 
99.78 
99.67 
18.29 


7  per  cent. 


For 
ber. 


8  per  cent. 


For 
ber. 


6  to  8  per  cent, 
inclusive. 


0.17 
0.67 
0.32 


1.64  !   91.62  i 
2.02  I     7.81 
0.33  l!    0.04 


23.84 
14.17 
16.95 


40.70 
47.55 
42.98 
24.03 
5.11 

1.26 


14.09 

12.14 

22.51 

62.34 

34.87 

7.20 

10.98 

35.96 

13.08 

4.69 

8.87 

30.09 

97.50 

0.12 

0.08 

0.03 

0.51 

0.27 

0.53 

5.20 

69.93 

0.01 

0.09 

0.07 

59.34 

10.10 

5.75 

1.29 

99.40 

0.01 

0.01 

0.03 

98.50 

0.01 

0.04 

aO.OO 

36.78 

47.30 

37.56 

23.46 

94.65 
16.32 
81.36 


2.69   !  93.54 


21.87 
33.93 
46.87 
30.42      30,71 
3.25      93.18 


97.91 
99.12 
58.08 


34.84 
40.48 
0.02 

9.71 
0.04 
0.43 
0.02 
aO.OO 
16,76 


60.93 
38.97 
99.17 

5.72 
88.42 
83.56 
99. S2 
99.68 


97.57 
29.65 
67.49 
75.12 
86.90 

93.17 


48.96 
89.21 
81.46 
64.50 
97.63 

10.76 
70.07 
66.68 
99.43 
98.54 
92.07 


Over 
6  per  cent. 


97.00 
91.97 
0.39 


94.63 
90.11 
0.37 


67.45 
58.37  ' 
95.68 
98.36 


11,82 
94.26 
81.32 
96.27 
0.18 


0.21 
13.45 
0.12 
0.01 
80.31 


50.32 
88.54 
96.66 
11.21 

5.64 
84.14 
61.47 


7.46 
0.15 
0.04 
59.81 


Over 
8  per  cent. 


For 
ber. 


5.21 
83.45 
0.01 


Over 
10  per  cent. 


2.25 
70.05 
0.01 


0.16 
0.16 
41.57 
69.18 
4.07 

1.11 
19.46  i 
37.72 
60.60 

0.02 

94.00 
0.10 
0.55 
0.08 


0.11 
0.15 
23.70 
58.06 
1.75 

0.37 
9.02 
14.88 
35.06 
0.01 

89.05 
0.04 
0.12 
0.12 


0.01  I 

0,01  I 
0.02  t 
0.05 
18.94 
0.94 

0.52 
0.19 
0.05 
0.12 


3.83 
0.04 
0.16 


aO.OO 

0.01 
aO.OO 

0.04 
12.20 

0.33 


0.15  i  0.15 

0.11  0.02 

0.02  0.01 

0.09  0.01 


2.24 
0.02 
0.03 


0.09 
0'.'(J6 


0.03 
0.01 
oO.OO 
0.01 


0.04 

o.bi 


a  Less  than  five-thousandths  of  1  per  cent. 


SUMMARY   FOR   88   STATES   AND   TERRITORIES. 


21 


Table  21.— PERCENTAGE  OF  NUMBER  AND  ORIGINAL  AMOUNT  OF  MORTGAGES  IN  FORCE  JANUARY  1,  1890, 
ACCORDING  TO  SPECIFIED  OBJECTS  OF  INDEBTEDNESS,  AS  DETERMINED  BY  PERSONAL  INQUIRY  :  TOTAL  FOR  102 
SELECTED  COUNTIES. 


OBJECTS   OF    INDEBTKDNKSS. 


For  For 

umber,   amount. 


TotrtI  for  102  counties 100.00 

Purchase  money 54.67 

Improvements 20.96 

Purchase  money  and  improvements  (combined) 4.50 

Business 6. 01 

Farm   machines,    domestic    animals,  and    other    personal 

property 1.95 

Purchase    money,    improvements,    business,  and  personal 

property  (combined  with  one  another) 1.73 

Purchase    money,    improvements,    business,  and    personal 


56.66 
20.81 
5.09 
8.92 


property  (combined  with  objects  other  than  farm  and 
family  expenses) 

Purchase  money,  improvements,  business,  and  personal 
property  (combined  with  farm  and  family  expenses) 

Farm  and  family  expenses 

All  other  objects 

Total  for  purchase  money  and  icaprovements  (not  combined 
with  other  objects) |      80 

Total  for  purchase  money,  improvements,  business,  and 
personal  property  (not  combined  with  other  objects) 


o. 

For 

iher. 

amount. 

),45 

0.63 

Ofi 

1.32 

Ai) 

1.73 

.27 

1.95 

).13 

82.56 

).82 

94.37 

T.ABLE     22. 


-PERCENTAGE  OF   NUMBER  AND  ORIGINAL  AMOUNT  OF  REAL   ESTATE   MORTGAGES   IN  FORCE  JANUARY 
1,   1890,  MADE  TO  CERTAIN  CLASSES  OF  MORTGAGEES  :  TOTAL  FOR  102  SELECTED  COUNTIES. 


CLASSIFICATION    OF   MORTG.A.GEES. 


,      For 
number. 


For  ! 
:  original  j 
[  amount,  i 


CLASSIFICATION   ( 


For 

umber. 


For 
original 

amount. 


Total  for  102  counties !  100.00 

To  mortgagees  of  1  mortgage  each 29,60 

To  mortgagees  of  2  mortgages  each 10.21 

M— 6 


To  mortgagees  of  3  to  5  mortgages  each 12,99  j        12.35 

To  mortgagees  of  6  Jo  10  mortgages  each 8.79  ;         8.64 

To  mortgagees  of  H  to  25  mortgages  each 10.07  11,18 

To  mortgagees  of  over  25  mortgages  each 28.34  24.24 


22  FARMS,  HOMES,  AND  MORTGAGES— MORTGAGES. 

Table   23.— PERCENTAGE  OF  REAL   ESTATE  MORTGAGES  IN  FORCE   JANUARY  1,  1890,  MADE  TO  RESIDENTS  OF    THE 

STATE  IN  WHICH  THE  COUNTY  IS  SITUATED,  BY  102  SELECTED  COUNTIES. 

[Not  including  mortgage  companies  and  loan  agents.] 


ST.VTE.S  AND  COUNTIES. 


Total  fov  102  counties  . 


Alabama : 

Greene 

Jefferson ., 


Arkansas : 

Lee 

Pulaski 

St.  Francis.. 


44.96 
69.35 
66.07 


California : 

Santa  Clara 

Sonoma 

Yolo '      99.50 

Colorado ;  ' 

El  Paso I      64.50 

Weld 51.46 


Georgia : 

Bartow ... 
Houston.. 
Twiggs..., 


Illinois  : 

Bureau 62.92 

Iroquois 48.23 

Jasper 50.41 

Morgan 84.45 

Indiana: 

Crawford 96.84 

Hendricks '  80.57 

Lagrange 60,78 

Iowa: 

•     Cass 50.43 

Crawford 37,82 

Delaware 69.23 

Johnson 78,86 


Kansas ; 
Decatur 
Jefferso) 
Lincoln, 


44.12 

43.34 

25.87 

45.34 

Pawnee 32.11 

Kentucky  : 

Anderson i  89.12 

Clark 95.70 

Daviess 98.31 

McCracken 97.07 

Louisiana: 

Caddo 85.27 

East  Baton  Rouge 96.17 


Maryland 

Washington : |  98.55 

Massachusetts : 

Franklin 97.74 

Hampden 95.68 

Michigan : 

Hillsdale 92.59 

Ionia 80.16 

Marquette 72.98 

Sanilac 83.08 


Mi 


inesota : 

Clay 

Goodhue.. 

Polk 

Stearns.... 


Adau 
BoUinge 
Cass 
Mercer 


39.34 
■  40.49 
24.76 
40.56 


71.43 
97.30 
55.63 
49.31 


For 
original 
amount. 


73.76 
30.73 
79.19 


43.22 
30.35 
24.34 
33.34 


57.34 
96,23 
42.83 
30.85 


33.06 
67.68 
58.07 


97.94 
97.60 
91.77 


63.78 
31.12 
27.63 


90.31- 
72.80 
57.48 


42.83 
36.06 
19,58 
35.59 


86.20 
95.28 
96.55 
88.42 


STATES  AND   ^ 


Montana : 

Custer 

Lewis  and  Clarke . 


For 
number. 


For 

'iginal 

amount. 


Nebraska : 

Brown 

Gage 

Hayes 

Kimball , 

Thayer 

Washington., 

New  Jersey ; 

Burlington.  .. 


22.10 
52.00 
17.12 


90.05 


New  York : 

Albany 98.65 

Allegany 94.79 

Dutchess i  97.96 

Fulton 98.49 

Livingston 98.58 

Bichmond 91.63 

North  Carolina : 

Forsvth 68.00 

Halifax :  60.31 


North  Dakota :  I 

Burleigh 18.71 

Dickey 16.59 

Grand  Forks 15.38 

Ramsey 24.54 

Ohio : 

Athens 81.50 

Madison 76.00 

JVIontgomery 78.82 

Union 73.58 

Oregon : 

Umatilla 62.79 

Union 64,38 


Pennsylvania: 

Chester 

Lackawanna 

Lebanon 

Washington 


South  Carol i I 
Andeisor 
Colleton.. 
Laurens ., 


South  Dakota : 

Beadle 

Hughes 


Tennessee : 
McNairy . 
Maury  .... 


Texas : 

Bell 

Harrison., 
Tarrant  ... 


96.33 
97.99 
97.30 


16.94 
17.05 
14.32 


41.80 
73.99 
47.64 


Virginia : 
Augusta.. 


Washington : 

King ,      41.36 


Wisconsin : 

Brown 

Douglas 

St.  Croix 

Waukesha.. 


82.47 
25.70 
50.95 
88.60 


18.35 
45.26 
17.85 
1.48 
24.93 
36.66 


97.55 
91.41 
97.66 
96,30 
97,43 
87.62 


19,62 
14.53 
12.38 
23.37 


21.18 
73.56 
75. 3S 
69.51 


79.47 
98.28 
95.74 


63.78 
66.71 
87.60 


40.63 
59.42 
35.23 


74.14 
36.68 

10.08 

35.50 


79.79 
13.96 
46.76 
86.17