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http://www.archive.org/details/extracensusbulle71unit
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Extra Census Bulletin.
No. 71. -w WASHINGTON, D. C. June 30, 1894.
STATISTICS OF FARMS, HOMES, AND MORTGAGES.
MORTGAGES-SUMMARY FOR THE UNITED STATES.
DEPARTMENT OF THE INTERIOR,
Census Office,
Washington, D. O, June 2, 1894.
Sir:
A tabulation of the real estate mortgage statistics collected by the Census Office is now completed, and this final
bulletin is issued to acquaint the public with the chief results of the investigation. These are contained in 15
tables herewith presented.
Table 1 exhibits the real estate mortgage movement in the various states and territories, with a summary for
the United States during the 10 years 1880-1889. During that time 9,517,747 real estate mortgages, stating amount
of debt incurred, were made in the United States, representing an incurred indebtedness of $12,094,877,793. The
number of mortgages made during one year increased from 643,143 in 1880 to 1,226,323 in 1889, or 90.68 per cent,
and the yearly incurred indebtedness increased from $710,888,504 in 1880 to $1,752,568,274 in 1889, or 146.53 per
cent.
With regard to mortgages on acre tracts, the number made during the 10 years was 4,747,078, representing an
incurred indebtedness of $4,896,771,112. The number of these mortgages made in 1880 was 370,984; in 1889,
525,094, an increase of 41.54 per cent; while the incurred indebtedness increased from $342,566,477 in 1880 to
$585,729,719 in 1889, an increase of 70.98 per cent.
The increase was relatively larger in the case of mortgages on lots. They numbered 4,770,669 during the 10
years, and the indebtedness incurred under them amounted to $7,198,106,681. From 1880 to 1889 the annual
number made increased from 272,159 to 701,229, an increase of 157.65 per cent. During the same time the amount
of annual indebtedness incurred increased from $368,322,027 to $1,166,838,555, an increase of 216.80 per cent.
During the decade 622,855,091 acres were covered by 4,758,268 mortgages stating and not stating the amount
of indebtedness incurred under them ; the number of acres covered by mortgage in 1880 was 42,743,013 ; in 1889,
70,678,257, an increase of 65.36 per cent.
In the case of lots covered by mortgage the increase from 1880 to 1889 was 198.25 per cent, the number covered
by mortgages stating and not stating amount of indebtedness in the former year being 429,955 ; in the latter year,
1,282,334.
At the end of the decade, January 1, 1890, the real estate mortgage indebtedness amounted to $6,019,679,985,
represented by 4,777,698 mortgages. These mortgages are divided into two classes, as follows : mortgages on acres,
2,303,061; amount of indebtedness, $2,209,148,431; mortgages on lots, 2,474,637; amount of indebtedness,
$3,810,531,554. Number of acres covered by existing mortgages, 273,352,109 ; number of lots, 4,161,138. These
numbers and details for the states and territories will be found in Table 2.
New York is conspicuously prominent as having a real estate mortgage indebtedness of $1,607,874,301, which
is 26.71 per cent of this class of indebtedness in the United States. Nevada has the smallest amount of indebtedness
of this sort, namely, $2,194,995, an amount that is exceeded by the existing mortgage indebtedness of each county
in the state of New Y'ork, except two.
c. o. P.— 10m
2 FARMS, HOMES, AND MORTGAGES.
It is computed that the average life of a mortgage in the United States is 4.660 years ; of a mortgage on acres,
4.540 years ; of a mortgage on lots, 4.749 years. The longer life in the case of both classes of mortgages is found in
New England, New York, and New Jersey ; the shorter life in the south and in the newly settled regions west of
the Mississippi river.
Since mortgages in force were made, 12.68 per cent of the original amount of indebtedness incurred under them
has been extinguished by partial payments; in the case of mortgages on acres, 11.67 per cent; on lots, 13.25 per
cent. The percentage of partial payments is highest in the south and lowest in the more newly settled regions.
Table 3 contains the foregoing figures and also the corresponding results for the various states and territories.
Subject to all the difficulties that beset any attempt to determine what proportion of the true taxed real estate
value of the United States is covered by existing real estate mortgage indebtedness, the fourth, fifth, and sixth
columns of Table 4 are offered. It appears that the real estate mortgage indebtedness in force in the United States
is 16.67 per cent of the true value of all taxed real estate and untaxed mines. If Mayor Gilroy's estimate of
$3,495,725,018 as the true value of real estate in New York city is accepted, the foregoing percentage is reduced to
16.15, and the percentage for New York state is reduced from 30.62 to 25.06.
In 30 states the debt on acres is 12.67 per cent of the true value of all taxed acres and untaxed mines, and in
these states the mortgage debt on lots is 13.96 per cent of the true value of all taxed lots, mortgaged and not
mortgaged. These percentages are in Table 4.
In Table 5 the attempt is made to determine how nearly the greatest possible real estate mortgage debt has
been reached by the existing incumbrance in the various states and territories. Upon the assumption that all taxed
real estate can be incumbered for two-thirds of its true value without increasing the rate of interest to cover
additional risk, it follows that 25.00 per cent of the real estate mortgage debt limit has been reached in the United
States. A computation, including Mayor Gilroy's estimate above mentioned, reduces the foregoing percentage to
24.22, and the percentage for New York state from 45.93 to 37.59. In Kansas 40.24 per cent of the debt limit has
been reached ; in New Jersey 39.27 per cent. The smaller percentages are found in the south and in the Eocky
Mountain region.
The mortgage debt in force per capita in the United States is $96 ; the three larger state averages (omitting
the District of Columbia) are $268 in New York, $206 in Colorado, and $200 in California, The smaller ones are
found in the south and the Eocky Mountain region.
The average population to each mortgage in force in various states, the percentage of increase of debt incurred
in 1889 over 1880, and the average unpaid amount of each mortgage in force will be found in Table 4.
Table 6 shows the various ratios between mortgages in force and the number of acres and lots covered by them.
In 41 states 28.86 per cent of the taxed acres are covered by mortgages in force. The largest proportion of
mortgaged acres is in Kansas, where 60.32 per cent of the total number of taxed acres are mortgaged. Nebraska
stands next with 54.73 per cent; South Dakota third, with 51.76 per cent.
In the 5 states, Illinois, Kansas, Missouri, Nebraska, and South Carolina, 23.99 per cent of the taxed lots are
covered by mortgages in force.
The average amount of debt in force against acres to each mortgaged acre in the United States is $8.08 ; of debt
in force against lots to each mortgaged lot, $916 ; there are 119 acres covered by each mortgage in force against
acres, and 1.68 lots by each mortgage in force against lots.
The average annual rates of interest to which existing mortgages are subject have been computed and the
results are presented in Table 8. The average rate for all mortgages in the United States is 6.60 per cent; for
mortgages on acres, 7.36 per cent; for mortgages on lots, 6.16 per cent. These rates make the annual interest
charge on the existing real estate mortgage debt of the United States amount to $397,442,792 ; on the debt in force
against acres, $162,652,944 ; on lots, $234,789,848.
On each mortgage in force in the United States the average annual interest charge is $83 ; on each mortgage in
force against acres, $71 ; on each mortgage in force against lots, $95. These numbers, with details for states and
territories, are in Table 7.
Table 8 exhibits the number and amount of real estate mortgages made during the 10 years 1880-1889 belonging
to specified classes of amounts, and in this table it appears that 6.03 per cent of the number of mortgages made
during that time were for amounts of less than $100 each ; while 45.17 per cent of the entire number were for
amounts of less than $500, 6S.54 per cent of the entire number for amounts of less than $1,000, 27.41 per cent of the
entire number for amounts of $1,000 and under $5,000 each, and 4.05 per cent of the entire number were for
amounts of $5,000 and over.
All the rates of interest to which the real estate mortgages made in the United States during the decade were
subject are exhibited in Table 9, which is a summary for the United States without state details.
As appears in Table 10, 41.89 per cent of the real estate mortgage indebtedness incurred in the United States
duriug the decade was subject to a 6 per cent rate of interest; 16.06 per cent of the debt incurred was subject to
rates less than 6 per cent; 42.05 per cent of the debt incurred was subject to rates greater than 6 per cent; and
MORTGAGES— SUMMARY FOR THE UNITED STATES. 3
14.41 per cent of the debt incurred was subject to rates greater than 8 per cent. Further details for the United
States and also for the various states and territories are contained in Table 10, and results in similar form are
presented in Tables 11 and 12 for mortgages on acres and on lots.
Average annual rates of interest for the 10 years of the decade are presented in Table 13 for all the states and
territories. The results of the computations are that the average rate of interest on real estate mortgages declined
from 7.14 per cent in 1880 to 6.75 per cent in 1889, with some interruptions to the continuity of the decline in the
meantime.
In Table 14 it appears that the average rate of interest on mortgages on acres declined from 7.62 per cent in
1880 to 7.52 per cent in 1889, subject to interruptions to the continuity of the meantime; and in Table 15 it
appears that the average rate of interest on the mortgages on lots declined from 6.69 per cent in 1880 to 6.37 per
cent in 1889, with some annual interruptions to the continuity of the decline.
For the sake of including the table in this final bulletin concerning real estate mortgages, Table 16 is reprinted
from Extra Census Bulletin No. 64 to show the objects for which real estate mortgages are made. These objects
were ascertained by personal inquhw in 102 counties in various parts of the union ; and in these counties it was
discovered that 80.13 per cent of the number of mortgages, rej>resenting 82.56 per cent of the original amount of
mortgages in force, were made to secure purchase money and to make improvements when not combined with other
objects; and that 89.82 per cent of the number of mortgages, representing 94.37 per cent of the original amount
of existing indebtedness, were made to secure purchase money, to make improvements, to invest in business, and
to buy the more durable kinds of personal property, when these objects were not combined with other objects.
Very respectfully,
CAEEOLL D. WEIGHT,
Commissioner of Labor in i
The Secretary of the Interior.
FARMS, HOMES, AND MORTGAGES.
Table 1.— NUMBER AND AMOUNT OF REAL ESTATE MORTGAGES MADE AND NUMBER OF ACRES AND LOTS COVERED,
1880 TO 1889, BY STATES AND TERRITORIES AND YEARS.
[For existing debt, see Table 2.]
SUMMARY BY YEARS.
MORTGAGES STATING AMOUNT OF
DEBT.
NUMBER OI
ACRES COVERED BY
Number
oflots
covered
by all
mort-
gages on
lots.
NU
MORI
S
AMOC
MBER OF
GAGES NOT
YEARS.
Total.
Or
acres.
Ol
l lots.
ALL MORTGAGES ON ACRES.
rATING
ST OF DEBT.
Number.
Amount.
Number.
Amount.
Number.
Amount.
Total.
Stated.
Esti-
mated.
Total.
On
acres.
On
lots.
The United States..
9, 517, 747
643,143
729,767
820,809
877,317
907,581
975,820
1,047,851
1,167,005
1,122,131
1,226,323
{12, 094, 877, 793
710,888,504
864,319,429
1,035,535,000
1,090,857,825
1,113,804,603
1,136,067,726
1,300,808,911
1,571,982,665
1,518,014,856
1,752,568,274
4,747,078
{4,896,771,112
4.770,669
{7,198,106,681
622,855,091
581,054,962
41,800,129
8,027,031
429,955
514,811
596,552
649,935
694,584
754,396
857,856
1,121,301
1,125,304
1,282,334
18,596
11,190
7,406
370,984
403,892
446,250
468,004
472,676
503,404
525,769
531,925
499,080
525,094
342,566,477
388,916,066
462,253,046
495,433,962
485,188,747
481,167,109
523,576,084
600,997,068
530.912,834
585,729,719
272,159
325,875
374,559
409,313
434,905
472,416
522,082
635,080
623,051
701,229
368,322,027
475,373,363
573,281,954
595,423,863
628,615,856
654.900,617
777,232,827
970,985,597
987,132,022
1,166,838,555
42.743,013
39,324,369 3,418,644
1,584
1,802
2,130
2,001
1,683
1,830
1,698
1,954
1,875
2,039
981
1,087
1,316
603
47,708,253 44,084,858 3,623,395
59,605,656 55,571,957 4,033,699
66,362,193 62,014,457 4,347,736
63,963,886 , 59,847,106 , 4,116,780
66,155,151 61,772,821 4,382,330
715
814
1,168 | 833
1,027
1,128
1,032
1,187
1,130
1,134
656
702
886
887
888
889
68,840,143
71,327,007
65,471,532
70,678,257
64,443,612
66,931,945
61,027,440
66,036,397
4,396,531
4,395,062
4,444,092
4,641,860
666
767
745
905
STATES AND TERRITORIES.
MORTGAGES— SUMMARY FOR THE UNITED STATES. 5
Table 1.— NUMBER AND AMOUNT OF REAL ESTATE MORTGAGES MADE AND NUMBER OF ACRES AND LOTS COVERED,
1880 TO 1889, BY STATES AND TERRITORIES AND "YEARS-Continued.
STATES AND
TERRITORIES AND
YEARS.
NUMBER OF
MORTGAGES NOT
STATING
AMOUNT OF DEBT.
FARMS, HOMES, AND MORTGAGES.
-NUMBER AND AMOUNT OF REAL ESTATE MORTGAGES MADE AND NUMBER OF ACRES AND LOTS COVERED,
1880 TO 1889, BY STATES AND TERRITORIES AND YEARS— Continued.
STATES AND
TERRITORIES AND
TEAKS.
MORTGAGES
«G AMOUNT OF DEBT.
272,981
326, 9S9
641,896
693,177
1,115,498
648,057
979,524
975,651
1,214,169
1,883,366
87,125,602
216,802
233,601
509,731
517,024
929,739
444,646
823,683
747,265
1,033,971
1,619,140
2,344
Illinois 612,249 870,699,940 255,420 356,809,731
1881..
1385..
1886.
1887..
42,783
49,517
55,446
55,837
56,001
59,382
64,425
69,952
72,745
86,161
53,276,929
66,970,031
81,529,625
79,042,028
75.591,137
80,219,626
94,110,529
99,690,298
102,507,281
137,762,456
Indiana 358,927
24,263
26,178
27,062
26,201
26,014
25,423
24,005
25,510
56,179
93,388
132,165
181,153
185,759
203,411
155,811
223,386
356,829 513,890,209
29,S56,837
35,683,412
38,624,291
38,450,201
34,880,210
34,335,406
36,089,736
35,169,079
32,915,760
40.804,799
13,520
23,339
28,384
29,636
30,940
33,679
38,411
44,529
48,740
60,651
23,420,092
31,286,619
42,905,334
40,591,827
40,710,927
45,884,220
58,020,793
64,521,219
69,591,521
96,957,657
204,531 182,488,465
1881..
1883...
1884...
1885...
1886...
1S87...
1888...
1889...
27,020
32,260
34,860
35,461
32,336
35,749
33,903
38,758
39,399
49,181
21,556,188
28,102,277
28,882,676
29,174,408
25,167,178
27,305,352
2-5,931,449
30,870,367
29,620,634
37,494,415
17,330
19,976
21,016
20,595
18,454
20,929
1*,508
20,342
19,801
26,580
520,448 439,936,354 355,291
15,105.890
16,303,839
19,821,884
19,377,017
16,245,121
17,829,213
16,780,366
18,615,261
16,912,470
22,467,374
12,284
13,814
14,866
13,882
14,820
14,395
18,416
19,598
22,601
6,450,298
8,798,438
9,060,792
9,797,361
8,922,057
9,476,139
9,151,083
12,225,106
12,708,164
15,027,041
107,715,552
44,484 I
50,512
58,203
55,461
52,675
51,115
50,855
51,792
50,826
51,495
31,558,130
38,010,991
46,276,687
47,281,843
45,888,172
42,919,081
43,219,116
47,289,835
46,417,391
51,015,058
33,221
36,176
41,257
38,495
36,944
35,303
34,651
33,401
31,775
31,068
25,056,093
30,274,484
37,216,653
37,065,196
35,750,243
33,175,321
32,994,511
33,688,200
32,133,293
34,866,808
11 ,263
14,336
16,946
16,966
15,731
15,842
16,204
18,391
19,051
20,427
6,502,037
7,736,507
9,060,034
10,216,647
10,137,929
9,743,760
10,224,605
13,601,685
14, 3U.09S
16,178,250
Esti-
mated.
17,972
29,318
39,615
75,214
55,930
68,302
81,113
84,146
121,659
210,280
16,071
24,685
33,116
69,976
49,202
62,677
74,016
79,494
115,461
203,200
21,578,919 20,899,071
2,019.575
2,371,130
2,274,526
2,223,003
2,138,301
2,149,652
2,191,571
2,106,392
1,961,026
2,143,743
1,952,158
2,297,986
2,201,626
2,156,458
2,078,563
2,086,303
2,122,848
13,343,123 12,880,621
72,900
66,545
59,738
63,349
68,723
67,599
66,537
73,896
Number
of lots
covered
by all
mort-
gages on
lots.
NUMBER OF
MORTGAGES NOT
STATING
AMOUNT OF DEBT.
acres, lots.
2 2
M I
i" i
4,235 2,162 2,073
47,127
48,459
50,020
55,765
63,475
75,226
84,922
103,532
1,137,615
1,332,901
1,384,910
1,361,080
1,207,210
1.382,759
1,280,315
1,303,716
1,253,094
1,699,523
33,864,721
1,093,796
1,286,240
1,327,066
1,306,569
1,171,114
1,345,957
1,243,612
1,258,356
1,208,065
1,639,846
33,187,078
54,511
36,096
36.S02
36,703
45,360
45,029
59,677
14,993
18,140
20,039
20,721
21,439
21,735
20,865
26,774
28,325
3,017,171
3,457,781
3,998,054
3,712,517
3,552,741
3,356,534
3,292,618
3,183,474
3,009,089
3,254,742
2,985,639
3,392,330
3,922,603
3,629,170
3,484,017
3,288,023
3,228,678
3,120,843
2,917,762
3,187,983
61,532
65,451
75,451
83,347
68,694
68,511
63,940
62,631
61,327
66,759
18,900
23.172
27,025
28,461
27,169
27,161
27,929
38,535
47,219
37,985
Kansas 654,243 498,653,903 441,406 358,736,027 212,837 139,917,876 i 58,510,089 58,045,150 464,939
18S1..
1882..
1883..
1884..
1835..
1386..
37.450
37,011
35,783
41,563
56,038
80,832
101,169
113,918
87,946
62,503
19,573,047
22,022,092
23,524,582
29,684,293
42,581,263
57,628,235
77,426,447
99,541,696
70,474,556
56,197,692
30,314
29,154
26.801
30,077
40,474
58,106
68,766
66,893
54,451
36,370
Kentucky 169,684' 173,158,173 98,437
1881..
1882...
18S3..
1884..
1885..
1886...
1887..
12,479
13,832
15,144
15,535
16,306
17,212
16,923
19,600
20,173
22,430
12,508,733
13,597,398
15,766,917
16,151,816
16,889,749
17,777,653
16,786,408
19,826,079
19,732,207
24,121,213 I
9,601
9,670
9,759
10,311
9,637
10,628
10,943
11,210
16,360,314
18,179,522
18,733,675
23,422,002
34,189,871
46,423,442
57,775,436
63,198,464
45,339,635
35,113,666
93,469,529
7,218,542
7,941,234
9,191,127
9,547,882
9,456,543
9,971,769
8,536,143
9.759,052
10,216.416
11,630,821
11,486
15,564
22,726
5,543
5,865
6,547
6,871
7,286
8,972
9,230
11,220
3,842,570
4,790,907
6,262,291
8,391,392
11,204,793
19,651,011
36,343,232
25,134,921
21,084,026
3,862,448
3,611,946
3,458,933
4,060,808
5,652,333
8,218,421
8,976,893
8,917,633
7,014,741
4,705,933
79,688,644 9,737,785
5,290,191
5,656,164
6,575,790
6,603,934
7,433,206
7,805,884
8,250,265
10,067,027
9,515,791
12,490,392
3,827,852
3,608,220
3,422,488
4,022,145
5,618,646
8,178,616
8,914,427
8,845,028
6,957,853
4,649,875
8,302,378 1,435,407
33,687
39,805
62,466
746,178
864,694
927,521
961,685
970,372 '
1,009,140
961,699
1,030,207
1,048,493
1,217,796
630,983
745,791
786,264
828,823
837,440
852,251
800,612
859,987
898,328
1,061,899
115,195
118,903
141,257
132,862
132,932
156,889
161,087
170,220
150,165
155,897
22,770
26,401
36,082
50,128
75,389
123.780
95,854
75,067
6,656
6,934
11,126
11,316
13,687
MORTGAGES— SUMMARY FOR THE UNITED STATES. 7
Table 1.— NUMBER AND AMOUNT OF REAL ESTATE MORTGAGES MADE AND NUMBER OF ACRES AND LOTS COVERED,
1880 TO 1889, BY STATES AND TERRITORIES AND YEARS— Continued.
STATES AND
TERRITORIES AND
YEARS.
1880.
1881..
1882..
1883..
1881..
1885..
1886..
1887..
MORTGAGES STATING AMOUNT OF DEBT.
Num-
ber.
5,76l!
5,131
5,280
5,708
6,321
0,809
7,261
7,406
8,281
1881..
1882..
1883..
1884..
1885..
1886..
1887..
1888..
1889..
7,880
8,491
8,923
9,034
8,996
9,159
9,219
9,453
8,842
9,409
35,186
Maryland ' 89,020
1880..
1881..
1882..
1883..
1884..
1885..
1886..
1887..
6,294
7,207
7,536
8,286
8,851
9,638
9,453
10,615
10,383
10,754
Massachusetts 250,222
1881..
1882..
1883..
1881..
1885..
1886..
1887..
15,915
19,049
20,874
22,465
24,633
25,560
27,342
29,427
30,619
34,338
1884..
1885..
1886..
1887..
1880..
1881..
1882..
1883...
1884...
1885..
1886..
1887..
1888..
1889..
39,331
44,267
47,907
50,371
47,867
45,524
44,523
45,256
42,060
43,807
22,427
26,008
31,527
33,099
34,742
39,403
48,930
60,463
45,536
47,676
10,230,717
2,415
12,612,264
3,144
11,972,118
2,925
11,476,701
3,312
12,518,588
3,030
12,220,325
3,437
13,413,447
3,717
11,781,013
3,996
13,746,951
4,264
14,510,026
4,946
57,819,028
4,843,064
5,718,022
5,612,514
5,460,623
5,382,090
5,590,847
6,127,946
6,921,216
5,707,943
6,454,763
47,101
4,854
4,795
4,914
4,646
4,820
4,528
4,826
874,313,253
5,775,081
7,389.435
7,572,903
7,720,099
7,536,793
7.320,076
7,926,863
6,363,915
7.699,534
9,008,554
7,973,260
10,091,183
9,957,695
11,357,976
12,542,122
12,682,411
12,383,005
13,974,162
13,241,713
13,370,926
2,610
2,925
2,879
3,108
3,090
3,371
3,347
3,473
3,182
3,560
508,455,550 45,236
28,176,133
37,761,073
43,148,483
44,872,397
46,591,232
50,443,481
56,653,163
60,678,128
64,604,916
75,526,544
3,720
4,068
4,100
4,466
4,790
4,890
5,081
5,079
5,459
2,205,219
2,733,270
2,470,929
2,455,387
2,323,888
2,469,583
2,576,963
2,764,543
2,308,924
2,765,225
45,609,354
3,462,862
4,305,811
4,082,869
4,800,313
4,830,599
4,938,675
4,632,292
5,063,983
4,655,551
4,836,396
2,224
2,618
2,206
1,968
2,678
2,887
3,092
3,265
3,142
4,455,036
5,252,829
4,399,215
3,756,602
5,011,795
4,900,249
5,516,584
5,420,128
6,047,417
5,501,472
Number
of lots
covered
by all
mort-
3,901,013
4,579,807
5,888,101
5,788,926
5,265,704
6,969,758
6,350,770
7,460,732
8,291,196
9,361,038
216,750,115
4,025
4,180
4,201
4,245
4,573
4,033
4,314
4,583
3,684
4,282
4,657
5,178
5,764
6,267
0,100
7,142
7,201
7,194
2,037,845
2,984,752
3,141,585
3,005,230
3,058,202
3,121,264
3,550,983
4,156,673
3,399,019
3,689,538
845,430
1,267,998
1,116,089
1,170,907
1,000,413
1,141,487
1,201,422
1,217,491
1,427,148
1,607,927
728,515
1,137,057
980,857
1,053,750
853,649
979,982
1,052,333
1,068,811
1,240,106
1,392,835
116,915
130,911
135,232
117,157
152,764
161,505
149,089
148,080
187,042
215,092
4,497,873 2,350,230
4,910
5,724
4,909
4,271
5,341
6,096
6,147
6,617
6,450
0,841
29,142,722
35,300,176
38,254.189
39,387,843
36,026,731
32,843,415
33,676,757
34,566,007
31,673,117
35,531,729
398,018,387
15,093,076
18,816,508
27,609,770
31,772,441
32,546,033
35,778,509
53,745,638
70,500,337
52,404,537
59,781,538
27,611
29,659
31,910
32,415
29,836
27,876
27,151
25,764
23,757
24,348
205,821
17,201
18,715
19,800
18,454
19,317
21,016
22,873
24,019
21,244
22,522
20,547,833
24,170,546
26,079,240
25,967,848
22,725,710
19,837,898
20,741,410
19,873,465
17,946,788
18,859,377
155,138,569
10,603,023
11,674,360
13,592,728
13,684,183
12,953,610
15,234,089
19,110,368
22,992,671
16,532,856
18,760,651
12,332
15,329
16,800
18,365
20,167
20,770
22,452
24,316
25,540
28,879
170,556
4,510,398
5,785,372
5,874,826
6,557,663
7,711,523
7,743,736
7,750,713
8,910,179
8,586,159
8,534,530
821,313
866,838
712,141
618,708
615,043
565,127
778,112
620,406
529,932
720,429
276,897
308,454
295,976
309,523
292,485
337,292
320,904
331,351
301,056
371,368
444,537,905 : 1,276,052
11,720
14,608
15,967
17,956
18,031
17,618
17,372
19,492
18,303
19,159
5,226
7,293
11,667
14,645
15,425
17,787
26,057
36,444
24,292
25,154
24,214,!
33,181,:
37,260,1
39,083/
41,325,!
43,473,'
50,302,:
53,217,:
55,313,'
00,105,!
105,339
112,477
120,231
119,720
1:)2,6H8
131,570
134,037
138,721
135,573
145,170
032,923
644,391
425,398
345,812
333,135
324,830
582,382
413,899
319,997
475,106
222,447
286,743
272,956
281,908
240,297
195,730
206,507
209,935
245,323
213,511
271,377
258,894
264,017
251,066
289,073
274,046
286,953
258,559
318,879
37,077
37,082
45,506
11,419
48,219
46,858
44,398
42,497
3.827
4,084
4,226
4,363
4,277
4,436
4,797
4,911
4,515
4,903
4,452
5,178
5,861
6,494
7,456
8,378
7,754
8,907
:,629
NUMBER OF
MORTGAGES NOT
STATING
AMOUNT OF DEBT.
129,658,571 19,482,559
8,594,889
11,135,630
12,174,949
13,419,995
13,301,021
13,005,517
12,935,347
14,692,542
13,726,329
10,072,352
1 ,951 ,937
2,107,328
2,284,100
2,417,359
2,119,015
1,877,048
1,850,397
1,677,750
1,496,772
1,694,163
82,841
85,988
91,088
91,408
95,895
91,688
95,501
90,197
87,434
19,117,560
52,489 9,375
370,627 190,248
22,495
26,489
29,143
28,312
36,713
39,882
242,909,818 22,069,141
4,490,053
7,142,148
14,017,042
18,088,258
19,592,393
20,544,420
34,635,270
47,507,666
35,871,681
41,020,887
1,867,699
2,047,878
2,154,696
2,007,773
2,039,331
2,469,830
2,417,549
2,446,452
2,207,964
2,409,969
1,923,313
2,076,391
2,244,189
2,376,790
2,083,361
1,844,373
1,821,056
1,640,368
1,456,855
1,650,834
21,913,392
1,858,976
2,039,272
2,142,301
1,995,425
2,026,759
2,454,075
2,401,501
2,420,642
2,190,234
2,384,207
28,594
30,937
39,971
40,569
35,084
33,275
35,341
37,382
39,917
43,329
155,749
8,723
8,606
12,395
12,348
12,572
15,755
16,018
25,810
17,730
25,762
13,096
14,521
15,480
16,595
17,974
20,899
20,409
21,798
23,320
26,156
276,773
18,620
22,569
25,590
28.434
30,380
27,858
28,993
31,949
29,534
32,840
9,921
14,059
25,432
30,651
32,208
30,747
50,233
74,833
49,761
45,742
8 FARMS, HOMES, AND MORTGAGES.
Table 1.— NUMBER AND AMOUNT OF REAL ESTATE MORTGAGES MADE AND NUMBER OF ACRES AND LOTS COVERED
1880 TO 1889, BY STATES AND TERRITORIES AND YEARS— Continued.
STATES AND
TERRITORIES AND
YEARS.
1881...
1882..
1883..
1884..
1885..
1883..
1884..
1885..
New Hampshire..
MORTGAGES STATING AMOUNT OF DEBT.
100,190
5,684
7,635
7,960
9,583
9,359
10,437
11,304
12,336
12,036
13,856
4,550,166
6,623,926
6,274,929
8,153,156
6,735,720
7,091,589
7,795,218
8,815,191
9,442,814
11,658,564
4,840
6,637
6,881
8,339
9,562
10,280
9,950
11,230
864,214,036 15,535
3,842,493
5,794,118
5,424,404
7,145,360
5,488,334
5,928,893
6,418,690
7,217,152
7,601,191
9,353,401
1,079
1,244
1,321
1,539
1,742
2,056
2,086
2,626
537,027,754 263,787 239,801,580
31,717
39,735
41,142
44,590
43.046
48,205
56,963
66,295
54,289
62,103
24,142,939
33,679,982
39,415,714
43,606,004
42,837,642
47,727,352
65,437,732
92,599,697
66,664,919
80,915,743
21,611
25,497
25.768
27,618
25,064
27,429
28,825
27,712
13,429,369
10,106
18,725,900
14,238
20,642,545
15,374
24,874,629
16,972
21,770,672
17,982
23,904,652
20,776
28,986,729
28,138
34,875,489
38,583
24,813,465
28,820
27,748,130
33,309
812,927,237 17,678,740
707,673
829,808
850,525
1,007,796
1,247,386
1,162,696
1,376,528
1,598,039
1,841,623
2,305,163
ALL MORTGAGES ON ACRES.
NUMBER OF ACRES COVERED BY Number
of lots
covered
by all
mort-
1,068,241
1,403,824
1,560,611
1,333,414
1,570,402
1,762,785
1,905,641
2,122,926
2,064,940
2,385,956
625,378
S.022
2,445 i
S,185 |
297,226,174 i 26,193,263 ,, 25,
527 |
946 I
1,176
2,198 I
1,735
1,636
1,795
1,953
715,991
1,316,711
2,182,084
3,106,218
2,737,686
2,253,814
3,418,560
3,481,257
4,317,118
4,855,683
,794 i 17,598,515
337,872 274,368,358
423,764
817,446
1,474,743
2,095,459
1,596,614
1,156,131
2,424,022
2,322,654
2,788,184
2,499,498
225,426 181,429,021
1,004
1,318
2,287
17,528
16,994
23,751
26,091
29,920
35,545
45,303
50,267
43.832
48,641
9,373,585
9,600,768
15,329,972
19,123,894
23,724,408
27,531,643
38,808,533
47,368,138
38,419,867
45,087,550
14,109
7,583,582
12,996
7,516,205
18,718
12,406,438
19,915
15,628.475
22,227
19,447,919
23,777
19,819,616
30,273
25,721,263
28,576
26,213,154
25,823
21,690,914
29,012
25,401,455
10,713,570
14,954,082
18,773,169
18,731,375
21,066,970
23,822,700
36,451,003
57,724,208
41,821,484
53,167,613
292,227
499,265
707,341
1.010,759
1,141,072
1,097,713
994,538
1,158,603
1,528,934
2,356,185
2,033,310
2,466,561
2,558,376
2.952,388
2,486,634
2,750,268
2,952,028
2,702,935
2,497,172
2,793,591
45,640
63,346
111,663
145,195
165,040
196,342
2-15,222
205,178
230,538
330,438
40,032
45,717
53,926
65,193
48,135
53,475
72,030
74,904
82,495
89,471
17,941
26,195
24,532
26,678
32,931
31,218
31,082
33,258
33,924
42,018
1,055,217
1,529,621
2,054,590
913,110
603,434
507,826 ,
1,021,710
1,230,625
633,625
853,194
35,299,040 24,427
3,241
4,115
4,066
4,284
3,967
4,141
4,176
4,672
2,643,999
2,050
3,558,162
2,515
3,382,181
2,571
3,689.006
2,634
3,254,004
2,488
3,254,433
2,484
3,377,911
2,386
3,790,412
2,389
3,941,324
2,389
4,407,608
2,521
634,001
1,175,133
1,850,116
713,624
482,664
387,847
962,207
1,060,406
492,943
621,563
18,615,675 16,236
5,033
6,176
7,693
11,768
15,030
21,691
18,009
19,629
1,790,003
2,084,563
2,923,534
3,495,419
4,276,489
7,712.027
13,087,270
21,154,984
16,728,953
19,686,095
421,216
354,491
204,474
199,486
120,770
119,979
59,503
170,219
140,682
231,931
1,664,991
1,547,698
2,432,212
2,788,558
4,329,104
3,235,598
3,957,741
3,756,446
3,402,187
3,821,146
1,194,507
29,222
41,973
93,262
126,166
146,865
177,465
220,461
186,228
210,479
303,614
16,418
21,373
18,401
19,029
18,175
18,877
24,761
18,950
20,059
26,824
lots.
1,295
1,562
1,812
2,041
2,302
2,541
2,800
3,171
3,376
5,235
395,490
18,736
25,966
27,955
30,517
31,673
35,951
48,252
68,230
51 ,002
57,208
NUMBER OF
MORTGAGES NOT
STATING
AMOUNT OF DEBT.
23
70,773
64,312
75,711
90,410
107,583
187,432
195,626
163,793
143, S01
95,066
1,663,007
1,543,924
2,428,077
2,782,257
4,324.586
3,229,369
3,949,910
3,747,267
3,391,651
3,812,202
1,191,733
1,625,252
1,912,891
1,970,073
2,073,169
1,783,856
1,780,463
1,809,114
1,862,423
1,913,368
1,885.066
1,191
1,600
1,495
1,650
1,479
1,549
1,582
1,752
1,787
2,151
1,018,747
151,538
1,645,271
191,087
1,412,108
217,148
1,615,837
200,009
1,470,148
188,166
1,473,970
183,888
1,568,797
216,536
1,927,989
187,772
2,027,956
204,119
2,522,542
202,188
70,636
63,081
75,488
89,832
107,583
187,432
1 95.332
163,793
143,801
94,755
1,984
3,774
4,135
6,301
4,518
6,229
7,831
9,179
10,536
8,914
674
1,251
1,549
3,184
2,497
1,829
2,000
2,385
3,198
6,595
7,276
8,937
11,702
13,682
20,877
24,980
39,242
34,783
40,895
15,990
587
528
5»
1,203
59
53 1
6-
1,539
48
46
2
1,458
70
65
5
1,623
63
55
»
1,417
78
66
12
1,562
63
54
9-
1,553
46
42
4
1,742
56
52
4
1,702
45
39
t>
2,191
59
56
s
MORTGAGES— SUMMARY FOR THE UNITED STATES. 9
Table 1.— NUMBER AND AMOUNT OF REAL ESTATE MORTGAGES MADE AND NUMBER OF ACRES AND LOTS COVERED,
1880 TO 1889, BY STATES AND TERRITORIES AND YEARS— Continued.
New Mexico..
North Dakota
MnUT.iAi.KS .STATING AMOUNT "F DEBT.
Num-
ber.
8312,174,696
11,813
19,691,087
13,079
22,417,691
15,058
27,113,734
15,586
26,747,838
15,878
27,712,905
17,243
28,292,698
18,312
32,679,126
20,471
38,918,501
22,558
41,943,042
24,504
46,658,074
2,955
2,788
3,047
2,936
6,342.207
7,017.009
7,600,869
7,274,186
5,907,805
5,559,551
6,029,802
7,445,818
7,742,421
7,810,232
=213,444,793 1,780,966
Number
of lots
covered
by all
mort-
gages on
lots.
NUMBER OF
.MORTGAGES NOT
STATING
AMOUNT OF DEBT.
10
FARMS, HOMES, AND MORTGAGES.
Table 1.
-NUMBER AND AMOUNT OF REAL ESTATE MORTGAGES MADE AND NUMBER OF ACRES AND LOTS COVERED,
1880 TO 1889, BY STATES AND TERRITORIES AND YEARS— Continued.
STATES AND
TERRITORIES AND
YEARS.
Oregon 54
MORTGAGES STATING AMOUNT OF DEBT.
4,745,472
5,799,733
6,030,693
4,928,241
4,810,947
5,206,410
6,830,984
7,479,324
11,451,994
2,445
2,913
3,271
3,694
3,173
3,283
3,567
4,771
4,179
6,159
2,838,077
3,412,141
3,762,537
3,707,943
3,190,903
3,179,101
3,405,270
4,348,733
4,506,481
7,088,459
1,094
1,355,283
1,092
1,333,331
1,485
2,037,196
1,568
2,322,750
1,415
1,737,338
1,472
1,631,846
1,536
1,801,140
2,036
2,482,251
2,224
2,972,843
3,546
4,363,535
552,447
512,817
599,806
517,007
592,347
621,891
761,503
636,622
931,957
723,503
541,719
506,559
592,577
506,161
582,848
616,978
755,838
626,548
919,623
10,323
10,728
6,258
7,229
10,846
9,499
4,913
5,670
10,074
12,334
Number
of lots
covered
by all
mort-
2,699
3,087
3,674
4,264
3,355
3,475
4,073
5,177
5,549
8,455
NUMBER OF -
MORTGAGES NOT
STATING
AMOUNT OF DEBT.
a The numbers for acres
whether they incumber acres (
ind lots in Pennsylvania were necessarily estimated, because the records of confessions of judgment i
• lots. Ratios derived from the figures for New York have been used in making the estimates.
this state do not disclose
MORTGAGES— SUMMARY FOR THE UNITED STATES.
11
-NUMBER AND AMOUNT OF REAL ESTATE MORTGAGES MADE AND NUMBER OF ACRES AND LOTS COVERED,
1880 TO 1889, BY STATES AND TERRITORIES AND YEARS— Continued.
1880..
1881..
1882..
1881..
1882..
1883..
1884..
1885..
1886..
1887..
1888..
1880..
1881..
1882..
1883..
1884..
1880..
1881..
1882..
m<>rti;a<:ks siatini; AM'TNT of iiki;t.
Num-
ber.
8269,879,161
13,438
18,158
23,845
25 292
27,831
28,967
5,675
5,691
6,211
6,376
6,266
6,351
6,033
6,038
6,003
6,191
5,925
6,083
6,939
7,294
7,973
8,861
9,281
10,653
11,801
12,835
71,948
1,545
1,973
3,507
5,916
5,832
5,424
5,995
8,978,063
12,268,858
22,572,301
31,349,422
28,001,801
24,389,491
27,768,336
32,915,430
34,936,132
46,696,327
5198,597,400
Num-
ber.
10,322
13,201
18,081
20,343
15,946
15,096
17,014
17,956
18,483
22,685
837
733,158
936
792,616
1,222
1,175,183
1,793
1,589,471
2,225
1,995,073
1,252
1,102,739
1,451
1,354,060
1,841
1,970,951
2,471
2,970,967
3,672
6,013,434
6,596,658
8,690,295
18,173,687
25,292,363
21,639,289
18,313,308
20,537,549
23,296,737
24,592,459
31,465,055
3,116
4,957
5,764
6,997
8,278
9,875
10,484
13,490
$71,281,761 78,564,556
6,524,358
5,071,173
6,198,855
6,206,300
6,571,912
5,869,626
5,228,891
5,052,102
5,646,953
6,509,319
329,585
232,794
275,225
519,668
614,776
413,442
457,121
503,235
44,376,808
4,034
4,019
4,063
5,439,374
3,859,691
4,733,063
4,709,419
5,116,265
4,407,530
3,797,363
3,556,225
4.042,826
4,715,052
1,243
1,520
760
929
1,272
1,767
2,667
43,928 l 46,227,352
1,493
1,603
1,723
1,885
1,957
1,920
1,803
2,004
1,984
2,128
6,365,512
6,076,183
7,230,787
9,618,693
10,343,673
15,231,272
8,012,087
7,997,786
8,229,946
7,889,742
8,235,055
9,429,780
1,069,803
1,350,297
689,297
896,939
1,467,716
2,188,420
4,542,678
14,502,681
5,987,494
6,392,909
8.070,664
9,012,065
8,946,517
8,953,657
8,902,710
11,371,485
11,819,957
15,431,822
3,933
4,170
4,794
4,898
5,240
4,959
5,163
3,539,197
3.595,366
4,006,525
5,259,001
4,755,213
4,297,036
4,191,477
5,531,625
4,648,013
6,400,896
2,451
2,572
3,153
3,361
3,803
4,067
1,084,984
1,211,482
1,465,792
1,496,881
1,455,647
1,462,096
1,431,528
1,495,877
1,604,127
1,794,267
15,135
23,802
18,743
87,710
251,985
253,401
198,429
237,777
78,725
119,805
361,598
323,395
357,969
356,915
324,218
324,578
337,177
1,180,398
1,712,929
3,205,013
5,337,818
4,840,848
4,611,126
5,139,715
8,499.599
13,403,576
39,578,969
39,792 | 45,073,009 II 32,156
876
1,215
1 ,934
3,812
3,736
3,518
4,098
4,807
5,604
9,892
666,306
1,227,037
2,089,402
3,537,732
2,861,360
2,723,911
3,406,630
5,346,522
6,320,736
16,893,373
2,448,297
2,797,543
4,064,139
3,753,061
4,191,301
4,656,621
4,711,233
5,836,860
7,171,944
9,030,926
42,436,982
59,397 52,380,562 ,| 37,506 36,333,461
3,944
4,722
5,523
6,037
6,035
6,005
5,771
6,748
6,853
7,759
3,523,731
4,201,496
5,782,704
6,609.302
4,909,701
5,057,226
4,464,217
5,337,069
5,609,971
6,885,149
2,757
3,174
3,854
3,881
3.835
3.869
3,601
4,182
3,967
2,530,303
3,017,356
4,390,537
4,905,685
3,351,461
3,551,624
2,905,949
3,627,931
3.551,564
4,468,054
1,573
2,104
2,096
1,906
1,897
3,061
6,144
11,948
21,891
1,187
1,548
1,669
2,156
2,200
2,136
2,170 |
2,566
2,886
3,373 I
514,092
485,892
1,115,611
1,800,086
1,979,488
1,887,215
1,733,085
3,153,077
7,082,840
22,685,596
1,154,140
1,392,167
1,703,617
1,558,240
1,502,602
1,558,268
1,709,134
2,058,407
2,417,095
682,907
610,378
624,899
703,990
707,424
897,208
792,821
877,277
794,586
1,061,758
2,857,139
3,711,170
9,920,775
11,890,061
7,929,562
7,898,892
8,095,613
7,788,253
8,113,129
9,287,722
Esti-
mated.
Number
of lots
covered
by all
mort-
gages on
lots.
105,424
112,525
98,894
134,333
101,489
121,926
142,058
6,160
9,472
12,155
16,120
15,252
14,905
16,952
21,269
25,676
33,410
NUMBER OF
MORTGAGES NOT
STATING
AMOUNT OP DEBT.
14,330
22,816
18,389
87,311
251,268
252,893
197,040
237,330
77,459
115,647
318,84s
282,606
314,521
315,427
286,347
288,619
304,948
251,768
273,185
292,955
1,564
2,244
4,613
42,750
40,789
43,448
41,518
37,871
35,959
32,229
30,315
28,935
34,376
1,806
1,929
1,926
1,949
646,948
608,829
580,187
660,716
663,623
833,258
741,317
816,757
742,465
1,005,161
6,189,819 6,139,515
35,959
31,549
44,712
43,274
43,801
63,950
51,504
60,520
52,121
115,098
211,443
348,242
625,669
561,042
543,574
670,817
768,640
143,504
209,671
345,401
621,893
555,968
538,569
666,088
763,903
890,280
1,404,238
3,249
3,342
4,243
4,439
4,921
5,119
5,385
7,074
9,846
11,466
1,796
1,645
3,(113
4,737
4,543
16,203
7,017,406 ' 6,467,322 I 580,084 I 27,986
411,773
546,175
812,739
696,193
792,154
548,087
601,425
665,460
682,001
1,291,399
367,457
502.645
759.038
646,020
731,752
488,491
544,775
595,260
611,953
1,219,931
2,659
2,710
2,767
2,711
3,267
3,743
4,695
12
FARMS, HOMES, AND MORTGAGES.
Table 1.
-NUMBER AND AMOUNT OF REAL ESTATE MORTGAGES MADE AND NUMBER OF ACRES AND LOTS COVERED,
1880 TO 1889, BY STATES AND TERRITORIES AND YEARS— Continued.
MORTGAGES STATING AMOUNT OF DEBT.
NUMBER OF ACRES COVERED BY
ALL MORTGAGES ON ACRES.
Number
of lots
covered
by all
mort-
gages on
lots.
NUMBER O
MORTGAGES ]
AMOUNT OF D
TOT
STATES AND
TERRITORIES AND
Total.
On acres.
On lots.
EBT.
Num-
ber.
Amount.
Num-
ber.
Amount.
Num-
ber.
Amount.
Total.
Stated.
Esti-
mated.
Total.
On
acres.
On
lots.
321,196
$262,606,003
194,646
$161,775,341
126,550
$100,830,662
18,178,283
17,713,249
1,542,217
1,569,167
1,973,446
2,091,354
1,854,803
1,914,271
1,919,504
1,743,593
1,517,346
1,587,548
2,331,063
465,034
33,229
42,425
40,325
45,989
41,181
44,639
47,305
49,457
54,598
65,886
18,948
209,733
180
131
49
24,430
26,351
31,250
32,051
32,589
34,591
34,416
35,392
34,368
35,758
6,167
17,169,349
20,021,577
26,076,357
27,199,348
25,892,708
25,423,773
27,375,768
31,993,101
30,081,206
31,372,816
10,699,180
17,549
17,691
20,667
20,396
20,207
21,288
20,591
19,233
17,996
19,028
2,108
12,166,239
13,425,510
18,056,012
18,330,840
16,506,170
15,848,146
17,014,240
18,078,682
15,679,632
16,669,870
5,612,588
6,881
8,660
10,583
11,655
12,382
13,303
13,825
16,159
16,372
16,730
4,059
5,003,110
6,596,067
8,020,345
8,868,508
9,386,538
9,575,627
10,361,528
13,914,419
11,401,574
14,702,946
5,086,592
1,575,446
1,611,592
2,013,771
2,137,343
1,895,984
1,958,910
1,966,809
1,793,050
1,571,944
1,653,434
2,350,011
11,025
13,307
16,381
18,806
21,124
21,420
22,235
27,199
29,470
28,766
8,929
27
21
28
28
11
10
7
15
16
17
6
22
17
21
22
7
8
7
10
8
9
1
5
4
7
6
4
2
5
8
8
5-
1880
199
212
329
376
825
635
869
892
782
1,048
195,311
220,836
400,480
748,497
2,206,734
1,032,202
1,713,865
1,505,232
1,284,804
1,391,219
17
19
36
50
487
245
154
304
338
458
28,927
40,179
102,706
372,014
1,721,888
522,008
696,538
630,699
730,395
767,234
182
193
293
326
338
390
715
588
444
590
166,384
180,657
297,774
376,483
484,846
510,194
1,017,327
874,533
554,409
623,985
7,252
6,050
13,110
131,258
1,261,536
327,403
206,426
108,478
145,121
143,377
5,560
6,050
13,110
131,258
1,260,790
320,091
204,992
105,074
143,687
140,451
1,692
306
386
819
542
626
828
1,459
1,398
1,286
1,279
1
746
7,312
1,434
3,404
1,434
2,926
1
2
2
1
1
a Admitted as a state July 10, 1890.
MORTGAGES-SUMMARY FOR THE UNITED STATES.
13
Tablb 2.— NUMBER AND AMOUNT OF REAL ESTATE MORTGAGES IN FORCE JANUARY 1, 1890, AND NUMBER OF ACRES
AND LOTS MORTGAGED, BY STATES AND TERRITORIES.
I TERRITORIES.
The United States 4,777
Alabama
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia .
Florida
Georgia
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts..
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshir
New Jersey
New Mexico
New York
North Carolina
North Dakota..
Ohio
Oregon
Pennsylvania..
Rhode Island....
South Carolina
South Dakota...
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia-
Wisconsin
Wyoming
39
027, <
2
348,
14
366,,
241
050,
85
058, -
79
921 ,(
16
122, <
51
986,!
15
505,
27
387,
3
167,
384
299,
110
730,(
199
774,
243
146, i
45
693,"
28
513, <
32
627,
64
577, i
323
277, (
150
472,"
197
745,<
19
075, <
214
609,'
8
729,
132
902,
2
194, <
18
968,'
232
565, <
6
644, f
1,607
874,.
21
471,
25
777,
259
842,
22
928,
613
105,!
36
778,'
13
780,
36
115,'
40
421,.
93
864,
8
040,
27
907,
28
691,'
44
078,'
19
702,:
121
838,1
4
967, (
27,424
715
17,818
45,127
20,484
12,311
2,768
319
14,094
34,731
2,506
128,986
106,155
171,452
203,306
34,612
11,352
30,985
21,139
33,385
144,023
97,078
26,186
103,161
2,385
107,175
928
14,557
25,197
567
156,814
36,143
33,734
119,730
16,250
(1140,127
2,640
19,900
50,151
17,196
72,922
2,059
22,294
20,123
18,449
20,450
111,735
1,418
NUMBER MORTGAGED.
273,352,109 4,161,138
759
7,320
67,510
34,116
45,685
6,873
23,604
6,587
13,788
637
168,247
65,265
81,107
95,578
25,672
9,020
27,866
32,769
144,817
78,738
98,502
4,581
88,867
3,552
48,202
328
10,632
116,507
956
422,658
11,261
5,033
151,325
6,303
o378,038
18,359
7,165
10,070
22,274
20,955
3,849
12,094
14,069
11,183
8,907
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
21,913,838
12,763,756
18,476,562
36,748,804
280,836,421
54,719,371
122,390,427
3,246,066
112,891,147
3,635,578
42,395,354
358,340
9,537,719
178,539,929
805,257
1,390,061,216
6,933,979
3,679,388
125,734,482
6,945,076
a491,260,895
31,516,000
4,719,951
6,758,908
23,996,252
18,732,823
5,614,811
8,467,699
12,127,444
19,351,204
5,185,413
40,302,807
1,953,391
6,088,489
223,070
2,563,762
11,069,600
3,496,112
440,360
289,624
11,755
2,329,359
7,769,359
359,561
10,060,987
6,822,499
16,307,145
26,577,522
3,464,754
3,686,664
4,092,296
2,062,325
. 920,313
9,669,723
10,209,647
5,474,740
10,159,021
564,464
14,085,290
366,039
1,151,143
1,539,601
1,630,725
11,372,354
4,886,717
4,387,568
7,762,136
2,528,820
a9, 206, 202
96,546
3,713,556
6,997,823
3,018,045
32,192,178
344,164
1,667,602
3,487,100
2,739,257
3,828,199
10,215,886
822,007
14,221
2,357
16,647
187,297
182,617
40,416
7,623
37,020
17,366
17,049
1.572
286,148
94,239
163,701
265,341
31,422
18,440
28,989
41,556
132,683
129,752
194,586
8,384
155,441
7,950
94,772
700
10,455
172,261
2,542
647,386
13,297
10,565
210,380
15,360
a570,395
29,970
8,910
29,526
32,896
51 ,598
6,111
12,242
20,608
31,109
11 ,754
91 ,558
3,926
a The records of confessions of judgment in this state, which have been taken as mortgages, do not disclose whether they incumber acres or lots, but i
summary for the state in Table 1 the figures for these two classes of mortgages have been estimated by using ratios derived from the figures for New York.
4
14 FARMS, HOMES, AND MORTGAGES.
Table 3.— AVERAGE LIFE OF MORTGAGES AND PERCENTAGE OF PARTIAL PAYMENTS, BY STATES AND TERRITORIES.
STATES AND TERRITORIES.
LIFE OF MORTGAGES IN' YEARS.
The United States..
Alabama
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia
Florida
Georgia
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire.......
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
2.757
2.123
2.374
2.953
2.093
6. (MO
5.421
5.425
3.529
3.707
2.248
4.015
4.395
4.924
3.384
2.869
2.647
6.401
5.410
6.240
5.043
3.751
2.386
3.055
1.995
3.241
7.587
1.471
7.501
3.731
3.945
3.949
2.891
4.321
5.895
2.958
3.195
2.813
3.146
1.860
5.532
2.804
1.583
4.483
2.787
2.436
5.355
6.520
6 334
4.274
3.729
2.334
5.093
4.952
5.061
3.663
3.190
2.536
6.506
6.359
6.883
5.507
4.297
2.487'
3.803
4.026
4.642
3.320
5.201
5.616
2.776
3.475
2.926
3.811
2.615
5.352
3.972
5.116
5.673
4.749
2.141
1.700
2.414
3.378
1.932
6.190
4.981
5.393
2.685
3.675
1.950
3.373
3.323
4.444
2.761
6.315
4.818
6.145
4.233
3.484
1.937
2.487
2.063
6.201
7.181
1.750
7.353
3.540
2.262
4.082
6.018
3.357
2.011
2.735
1.712
1.669
6.158
1.935
0.936
3.038
3.277
2.979
5.12
11.05
8.72
14.30
13.08
20.92
5.99
11.71
17.79
12.25
5.00
25.20
20.54
14.97
8.78
11.50
11.40
11.35
22.14
11.97
4.59
5.21
5.52
14.86
10.16
5.47
14.31
14.40
5.14
15.83
8.36
13.12
11.00
25.00
4.94
17.31
20.86
6.16
12.24
21.16
7.00
20.36
13.14
4.65
11.67
11.98
5.33
20.63
7.43
2.49
12.90
9.33
10.96
7.61
13.18
4.79
9.46
18.77
11.58
3.98
28.44
21.70
13.98
9.29
13.04
11.97
8.01
22.66
6.49
4.35
3.20
5.33
13.98
10.19
5.33
15.66
6.17
12.88
4.20
23. SI
21.75
5.33
12.90
19.81
5.49
21.51
13.62
5.06
11.05
6.51
6.51
10.68
8.39
14.44
22.97
30.95
14.48
13.34
15.70
14.19
7.50
21.34
19.06
15.72
8.39
11.26
10.37
13.29
19.47
16.38
4.93
9.24
6.51
15.72
10.15
6.51
14.37
11.17
10.98
16.01
13.01
13.18
10.68
28.04
8.04
12.19
17.08
6.51
10.68
22.93
8.87
16.94
12.17
4.00
MORTGAGES— SUMMARY FOR THE UNITED STATES.
15
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 ANJ) TERRITORIES.
\NI) TKRKITuUIKS.
The total for slates represented .
Arkansas..
California
Colorado...
Connecticut
Delaware
District of Columbia
Florida
Georgia
Idaho ...
Illinois .
Indiana
Iowa
Kansas.
Michigan....
Minnesota...
Mississippi .
Missouri
Montana
Nebraska
Nevada
New Hampshir
New Jersey
New Mexico
New York
North Carolina
North Dakota .
Oregon
Pennsylvania .
Rhode Island..
South Carolina
South Dakota .
Tennessee
Texas
Utah
Vermont
Virginia
Washington .
West Virgin!
Wisconsin....
Wyoming....
' Percentage Percentage Percentage
of debt in ' of debt in of debt in
force of true force against force against
value acres of true lots of true
of all taxed value of all value of
real estate, taxed acres, all taxed lots.
Per capita
existing
debt.
1,070
2,041
6,979
1,236
1,012
726
16.44
15.92
22.0 J
8.49
7.15
4.29
7.01
11.92
13.95
10.96
19.32
13.92
20.69
9.74
15.82
4.78
20.03
4.59
12.12
26.18
11.99
8.25
20.03
10.94
11.92
8.19
20.82
9.45
8.33
11.91
18.82
20.20
4.10
5.90
15.38
10.21
11.57
8.75
16.86
27.22
7.32
20.63
9.67
9.66
13.04
10.20
16.02
11.26
17.03
12.73
4.98
8.63
13.43
13.29
. Percent-
Av,r^"ageofin-
popula- ~; r
411.04
43.66
205.71
225.35
491.84
92.50
5S9.93
158.58
73.94
61.75
187.12
92.83
41.83
33.28
67.70
168.05
21.92
296.09
156.22
235.15
578.18
381.01
nl9.12
66.70
136.95
al2.21
148.28
109.62
237.97
43.48
173.10
102.77
102.88
93.12
771.77
313.06
420.12
720.21
a0.23
—PERCENTAGE 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 can be incumbered for two-thirds of its true value. The percentages shov
the proportions of this limit that the debt has reached.]
STATES AND TERRITORIES.
Percent-
age ' STATES AND TERRITORIES.
Percent-
age.
STATES AND TERRITORIES.
Percent-
30.04
16.41
11.28
25.74
17.88
12.29
31.23
13.20
12.46
9.72
33.08
9.57
14.17
12.49
17.87
28.23
The United States
25.00 Kentucky
10.51
17.89
20.92
16.45
28.98
20.89
31.04
14.61
23.72
7.17
30.04
6.89
18.18
39.27
17.99
45.93
12.38
23.15 Maryland
23!S6 „.. .
19 62 , Michigan
Pennsylvania
Ehode Island
24.67 , Mississippi
Soutli Dakota
Delaware
Utah
Florida
10.73
6.44 New Hampshire
16
FARMS, HOMES, AND MORTGAGES.
Table 6.-RATI0 OF REAL ESTATE MORTGAGES IN FORCE JANUARY 1, 1890, TO NUMBER OF ACRES AND LOTS, BY
STATES AND TERRITORIES.
STATES AND TERRITORIES.
AVERAGE AMOUNT OP
DEBT IN FORCE TO
EACH TAXED—
AVERAGE AMOUNT OF AVERAGE NUMBER
DEBT IN FORCE TO EACH COVERED BY EACH
MORTGAGED — MORTGAGE IN FORCE.
PERCENTAGE OF NUM-
BER MORTGAGED OF
NUMBER TAXED.
The total for states represented.
Alabama .
Arkansas
California
Colorado
Connecticut..
Delaware
District of C
Florida
Georgia
Idaho
1.04
0.45
0.36
3.76
2.59
5.30
New Hampshire..
New Jersey
New Mexico
New York
North Carolina...
North Dakota
Ohio
Oregon
Pennsylvania
Rhode Island
South Carolina ...
South Dakota
Tennessee
Texas ...
Ctah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
97.06
0.45
0.46
16.40
0.62
7.74
0.53
1.68
0.62
0.64
3.71
0.65
2.68
0.88
2.60
0.51
4.77
3.32
4.30
3.97
0.94
0.71
55
9.45
2.98
2.61
0.58
2.54
1.05
3.52
210
3.53
10.92
8.64
29.92
19.51
189.39
4.56
2.18
7.82
15.50
10.93
9,17
6.57
6.86
4.27
3.46
13.49
46.12
9.90
7.38
2.89
10.01
9.03
6.43
5.02
8.19
35.09
3.58
19.15
2.97
5.04
17.28
6.32
13.24
54.51
2.44
4.20
5.44
2.33
7.05
11.66
4.75
9.03
3.79
1,651
1,374
1,344
28.86
1.71
3.11
2.27
2.77
5.35
0.88
1.11
1.57
1.70
1.44
2.02
2.78
1.22
2.04
1.04
1.27
0.92
1.65
1.75
2.24
1.97
2.13
0.98
1.48
2.66
1.53
1.18
2.10
1.39
2.44
1.51
1.63
1.24
2.93
1.48
2.46
1.59
1.01
1.46
2.78
1.32
21.96
6.39
10.33
34.45
30.02
17.70
51.25
9.76
21.02
35.64
46.95
60.32
13.73
16.73
20.49
30.06
35.73
20.12
25.41
11.63
54.73
46.73
17.19
40.43
17.85
33.38
30.42
31.69
36.96
21.30
51.76
11.46
27.61
31.86
13.59
29.69
23.14
32.56
11.01
28.98
20,41
MORTGAGES— SUMMARY FOR THE UNITED STATES.
17
Table 7.
-ANNUAL INTEREST CHARGE AND AVERAGE RATE OF INTEREST ON THE REAL ESTATE MORTGAGE DEBT
IN FORCE JANUARY 1, 1890, BY STATES AND TERRITORIES.
STATES AND TERRITORIES.
The United States 8397.442,792
Alabama 3,114,645
Arizona 255,923
Arkansas ! 1,302,260
California., 21,225,090
Colorado : 7,293,447
Connecticut j 4,508,780
Delaware 921,336
District of Columbia I 3,083,774
Florida ' 1,517,102
Georgia 2,215,774
Idaho j 335,639
Illinois ! 25,767,047
Indiana , 7,571,677
Iowa I 15,239,082
Kansas 21,115,907
Kentucky 2,855,720
Louisiana 2,186,444
Maine \ 2,005,393
Maryland I 3,784,366
Massachusetts ' 17,586,930
Michigan I 10,727,335
Minnesota ; 15,145,571
Mississippi j 1,812,872
Missouri 16,474,676
Montana 926,068
Nebraska 11,034,084
Nevada 208,179
New Hampshire 1,134,302
New Jersey 13,322,735
New Mexico 541,455
New York 88,317,933
North Carolina ', 1,658,288
North Dakota I 2,409,457
Ohio ! 17,049,834
Oregon ! 2,166,871
Pennsylvania ' 34,382,663
Rhode Island 2,103,195
South Carolina ! 1,153,482
South Dakota 3,416,825
Tennessee 2,423,641
Texas 9,012,775
Utah 779,926
Vermont ! 1,666,935
Virginia 1,727,893
Washington 3,805,673
West Virginia 1,193,350
Wisconsin 8,329,887
Wyoming 507,545
5
AVERAGE AMOUNT OP
IL INTEREST CHARGE.
AVERAGE
RATE OF
NTEREST.
ANNUAL INTEREST CHARGE
TO EACH MORTGAGE.
On acres.
On lots.
Total.
On acres.
On lots.
Total.
On acres.
On lots.
3162,652,944
$234,789,848
6.60
7.36
6.16
S83
S71
S95
2,306,743
807,902
7.98
8,02
7.87
87 |
84
97
147,758
108,165
10.90
9.35
14.08
174
207
143
825,462
476,798
9.06
9.12
8.97
52
46
65
10,747,199
10,477,891
8.81
8,89
8.72
188
238
155
2,690,379
4,603,068
8.57
8.91
8.39
134
131
135
751,074
3,757,706
5.64
5,70
5.63
78
61
82
325,423
595,913
5.71
5.76
5.69
96
118
87
128,011
2,955,763
5.93
5.75
5.94
129
401
125
1,048,033
469,069
9.78
9.86
9.62
73
74
71
1,367,757
848,017
8.09
8.06
8.14
46
39
62
294,044
41,595
10.60
10.46
11.68
107
117
65
11,487,593
14,279,454
6.70
6.95
6.52
87
89
85
5,144,172
2,427,505
6.84
6.90
6.71
44
48
37
11,269,069
3,970,013
7.63
7.54
7.89
60
66
49
15,025,926
6,089,981
8.68
8. CO
8.90
71
74
64
1,512,402
1,343,318
6.25
6.36
6.13
47
44
52
1,252,137
934,307
7.67
7.95
7,32
107
110
104
880,170
1,125,223
6.15
6.22
6.09
34
28
40
1,641,911
2,142,455
5.86
5.90
5.83
70
78
65
2,393,686
15,193,250
5.44
5.61
5.41
99
72
105
6,836,788
3,890,547
7.13
7.14
7.11
48
47
49
5,990,767
9,154,801
7.66
7.95
7.48
77
62
93
1,516,506
296,366
9.50
9.58
9.13
59
58
65
8,290,068
8,184,608
7.68
8.15
7.25
86
80
92
506,836
419,182
10.61
9.95
11.53
156
213
118
7,629,737
3,404,347
8.30
8.43
8.03
71
71
71
169,156
39,023
9.48
9.21
10.89
166
182
119
563,946
570,356
5.9S
5.98
5.98
45
39
54
3,128,105
10,194,630
5.73
5.79
5.71
94
124
88
455,474
88,981
8,19
7.80
11.05
357
803
93
12,589,595
75,758,338
5.49
5.78
5.45
152
80
179
1,122,291
535,997
7.72
7.72
7.73
35
31
48
2,063,962
345,495
9.35
9.34
9.39
62
61
69
8,864,519
8,185,315
6.56
6.61
6,51
63
74
54
1,500,838
666,033
9.45
9.39
9.59
96
92
106
6,872,053
27,510,610
5.61
5,61
5.60
66
49
73
303,631
1,799,564
5.72
5.77
5.71
100
115
98
779,190
374,292
8.37
8.60
7.93
43
39
52
2,797,709
619,116
9.46
9,53
9.16
57
56
61
983,866
1,439,775
6,00
5.99
6.00
61
57
65
7,190,071
1,822,701
9.60
9.57
9.73
96
99
87
210,904
539,022
9.70
9.93
9.60
132
117
140
1,160,567
506,368
5.97
5,97
5.98
48
52
42
990,544
737,319
6.02
5.98
6.08
51
49
52
2,101,816
1,793,857
8,84
8,50
9.27
131
114
160
873,929
319,421
6.06
6.02
6.16
41
43
36
5,593,326
2,736,561
6.84
6.86
6.79
51
50
52
297,751
209,794
10.22
9.83
10.74
168
210
130
18
FARMS, HOMES, AND MORTGAGES.
Table 8.— PERCENTAGE OF NUMBER AND AMOUNT OF REAL ESTATE MORTGAGES MADE DURING THE
STATES AND TERRITORIES.
The United States
Alabama
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia....
Florida
Georgia
Idaho
Illinois
ndiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
1 Missouri .'...
Montana -
! Nebraska
Nevada
New Hampshire
| New Jersey.....
New Mexico
New York
j North Carolina
North Dakota
I Ohio
: Oregon
Pennsylvania
| Rhode Island
j South Carolina
South Dakota
' Tennessee
Texas..
Utah
Vermont
Washington
West Virginia
Wisconsin
Wyoming
FOR MORTGAGES FOR AMOUNTS OF—
16.47
2.25
10.94
0.69
3.33
2.39
0.30
0.5L
9.40
25.41
2.72
3.25
4. 45
10.97
8.28
8.95
1.93
1.65
6.89
2.99
12.63
5.73
2.92
0.85
6.34
1.53
22.76
4.73
4.14
3.36
11.95
1.89
3.46
5.37
8.79
1.96
11.42
5.35
1.67
1.01
0.04
1.01
0.02
0.12
0.09
0.01
0.01
0.61
1.92
0.17
0.13
0.45
0.38
0.33
0.59
0.24
0.81
0.09
0.05
0.51
0.18
1.01
0.31
0.13
0.30
0.09
0.34
0.03
0.09
0.03
2.29
0.48
0.22
0.22
0.48
0.06
1.17
0.45
0.46
0.41
0.20
0.32
0.48
0.11
0.74
0.40
0.07
Under $1,000.
66.73
37.55
69.69
25.26
40.34
30.99
18.79
15.76
57.70
69.86
47.53
35.89
51.31
44,29
46.85
52.97
45.87
61.95
33.90
26.52
57.83
48.94
65.95
48.04
38.87
43.68
51.75
48.38
23.71
46.15
21.65
72.83
52.51
42.18
43.60
48.73
28.87
62.39
61.66
52.52
49.46
47.93
46.38
52.33
43.43
59.54
55.52
34.72
For
amount.
8.25
68.54
13.21
2.97
21.07
3.20
6.22
1.S0
13.28
15.49
11.26
6.11
14.87
12.71
16.07
10.69
5.02
20.58
6.80
3.29
16.62
12.57
17.57
10.11
6.08
14.38
6.16
13.35
3.52
2.56
1.98
23.05
21.32
9.00
9.05
7.30
3.52
16.96
31.58
10.88
10.27
9.96
11.11
10.35
9.98
14.18
15.41
5.20
82.07
61.91
85.10
49.40
63.43
53.58
42.33
35.71
76.48
83.38
75.90
59.27
75.74
72.01
77.34
73.24
64.30
83.48
61.07
48.70
79.58
74.79
82.73
71.11
64.36
76.31
68.40
73.85
46.41
66.42
45.18
87.12
84.73
66.45
66.85
68.09
50.22
80.41
90.64
73.30
72.16
69.83
71.32
72.31
72.47
79.19
77.74
58.07
36.26
10.34
15.11
14.57
11.91
7.31
26.34
27,58
27.87
16.75
34.75
34.15
41.60
23.62
11.12
41.89
20.24
10.49
34.82
29.02
31.92
23.72
16.80
40.38
11.95
32.54
11. SO
5.72
6.18
40.31
50.49
23.07
22.41
16.97
10.35
33.46
65.12
23.74
24.28
22.46
27.86
22.59
25.28
28.93
32.88
14.14
$100 and under 8500.
39.14
50.26
35.30
58.75
24.57
37.01
28.60
18.49
15.25
48.30
44.42
44.81
32.64
45.31
39.04
42.40
42.00
37.59
53.00
31.97
24.87
50.94
45.95
53.32
42.31
35.95
39.99
49.40
43.38
22.86
39.81
23.12
50.07
47.78
38.01
40.24
36.78
26.98
47.76
57.73
43.96
41.20
44.47
41.01
43.54
41.47
48.12
50.17
33.05
For
amount.
20.06
3.18
6.10
4.80
3.02
1.79
12.64
13.57
11.09
5.98
14.42
12.33
15.74
10.10
4.78
19.77
6.71
3.24
16.11
12.39
16.56
9.80
5.95
14.08
6.07
13.01
3.49
2.47
1.95
20.76
20.84
8.78
8.83
6.82
3.46
15.79
31.13
10.42
9.83
9.76
10.79
9.87
9.87
13.44
15.01
5.13
MORTGAGES— SUMMARY FOR THE UNITED STATES.
10 YEARS 1880-1889 BELONGING TO SPECIFIED CLASSES OF AMOUNTS, BY STATES AND TERRITORIES.
19
FOR MORTGAGES TOR AMOUNTS OF—
$500 and r
nder $1,000.
$1,000 and
under $5,000.
$5,000 and i
nder $25,000.
$5,000 and over.
$25,000 and over.
For
For
For
For
For
For
For
For
For
For
number.
amount.
number.
amount.
number.
amount.
number.
amount.
number.
amount.
23.37
11.94
27.41
39.81
3.73
25.11
4.05
40.00
0.32
14.89
15.34
10.41
15.57
30.36
2.14
18.78
2.36
46.02
0.22
27.21
21.39
5.01
31.09
18.01
5.51
15.03
6.97
74.01
1.46
58.98
i
15.41
15.19
13.13
36.21
1.68
22.25
1.77
27.53
0.09
5.28
'
21.14
7.11
41.19
37.23
8.66
33.89
9.41
52.43
0.75
18.54
23.09
8.89
31.27
34.64
4.74
24.45
5.30
50.25
0.56
25.80
22.59
9.68
41.06
51.24
5.10
26.31
5.36
34.19
0.26
7.88
23.54
8.88
50.61
53.43
6.87
30.30
7.06
34.66
0.19
4.36
19.95
5.51
53.21
45.43
10.43
34.86
11.08
47.26
0.65
12.40
18.78
13.06
20.91
40.70
2.44
21.54
2.61
32.96
0.17
11.42 1
13.52
12.09
14.66
37.47
1.81
20.09
1.96
31.95
0.15
14.86 1
28.37
16.61
21.96
33.95
1.83
15.16
2.14
38.18
0.31
23.02 1
23.38
10.64
36.21
48.71
4.24
23.33
4.52
31.54
0.28
11.21 1,
24.43
19.83
22.87
49.72
1.35
12.56
1.39
15.53
0.04
2.97 1
27.72
21.44
26.75
53.15
1.20
10.27
1.21
12.70
0.04
2.43 1
30.49
25.53
21.56
45.50
1.06
10.73
1.10
12.90
0.01
2.17 1
20.27
12.93
23.57
43.64
3.05
21.19
3.19
32.74
0.14
8.55
1
18.43
6.10
26.66
27.17
8.09
38.48
9.04
61.71
0.95
23.23
If
21.53
21.31
15.38
39.51
1.07
13.81
1.14
18.60
0.07
4.79
1<
27.17
13.44
34.52
48.23
4.23
25.30
4.41
31.53
0.18
6.23
H
22.18
7.20
43.65
41.63
6.94
29.57
7.65
47.88
0.71
18.31
2
21.75
18.20
18.98
42.99
1.33
13.51
1.41
22.19
0.11
8.68
2i
25.85
16.45
22.39
38.40
2.60
21.78
2.82
32.58
0.22
10.80
2,
16.78
14.35
14.97
36.10
2.16
24.51
2.30
31.98
0.14
7.47
2
23.07
13.61
25.74
42.68
2.91
22.07
3.15
33.60
0.21
11.53
2!
25.49
10.72
31.00
35.84
4.31
22.52
4.64
47.36
0.33
21.84
2f
32.63
26.00
22.43
44.27
1.20
11.80
1.26
15.35
0.06
3.55
2"
16.65
5.79
26.36
27.17
4.57
22.21
5.24
60.88
0.67
38.67
2!
25.47
19.19
24.46
47.91
1.60
14.85
1.69
19.55
0.09
4.70
25
22.70
8.28
46.95
50.38
6.33
27.55
6.64
37.82
0.31
10.27 3C
20.27
3.16
25.55
11.92
6.43
14.73
8.03
82.36
1.60
67.63 3
20.53
4.20
39.47
25.33
13.70
41.09
15.35
68.49
1.65
27.40 3:
14.29
17.26
11.84
38.34
0.97
14.62
1.01
21.35
0.07
6.73 3;
32.22
29.17
14.13
33.99
1.10
12.83
1.14
15.52
0.04
2.69 34
24.27
14.07
30.39
50.42
3.05
20.50
3.16
26.51
0.11
6.01 3c
23.25
13.39
29.85
49.39
3.14
22.32
3.30
28.17
0.16
5.85 3(
19.36
9.67
27.87
39.55
3.71
23.50
4.04
43.48
0.33
19.98 3'
21.35
6.83
42.58
40.72
6.51
26.57
7.20
48.93
0.69
22.36 3f
18.02
16.50
17.94
45.01
1.5S
17.24
1.65
21.53
0.07
4.29 ! 3£
28.98
33.51
8.87
25.29
0.46
6.67
0.49
9.59
0.03
2.92 4C
20.78
12.86
23.66
40.69
2.83
21.84
3.04
35.57
0.21
13.73 41
22.70
14.01
24.65
41.02
2.92
23.04
3.19
34.70
0.27
11.66 42
21.90
12.50
26.48
44.34
3.50
25.89
3.69
33.20
0.19
7.31 4C
24.94
16.75
26.85
48.35
1.71
13.39
1.83
23.79
0.12
10.40 44
19.98
12.24
24.50
42.48
3.03
22.51
3.19
34.93
0.16
12.42 4?
29.04
15.30
24.16
35.67
3.11
21.69
3.37
39.05
0.26
17.36 46
19.65
14.75
18.80
38.87
1.83
17.10
2.01
32.20
0.18
15.10 4:
22.22
17.47
20.74
44.25
1.40
13.57
1.52
22.87
0.12
9.30 «
23.35
8.94
35.16
42.35
6.32
29.54
6.77
43.51
0.45
13.97 4S
20
FARMS, HOMES, AND MORTGAGES.
Table 9.— NUMBER AND AMOUNT OF REAL ESTATE MORTGAGES MADE DURING THE 10 YEARS
KATEs.
TOTAL.
1880
1881
1882
1883
Number.
Amount.
Number.
Amount.
Number.
Amount.
Number.
Amount.
Number.
Amount.
9,517,747
S12,094,877,793
643,143
$710,888,504
729,767
$864,319,429
820,809
81,035,535,000
877,317
81,090,857,825
aer cent
"!!do.".'"Z""!"!!":"""".!!!!
....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
....do
....do
....do
....do
....do
0
15,903
3
3
1
623
1
23
21
1
1
493
1
4
2
97
1
1
2
2,559
1
2
17
222
4
22
5
1
15,595
4
91
397
6
14,865
12
21
342
357,900
134
429
6,099
87
22,713
3
19
108
1
3,456,110
71
2,112
1,305
38
18,345
394
143
127
219
1,071,330
22
1,017
1,179
14
21,179
13
10
3,059
2
2,187,559
10
450
729
233
14,049
144
255
185
3
247,752
234
123
252
8
2,829
15
11
107
20,583,897
62,625
5,400
1.500
1,096,946
1,500
17,393
20,088
5,000
379
1,082,795
2,750
24,800
4,183
256,077
3,800
300
1,865
7,711,603
85,000
8,000
40,385
1,745,202
19,308
19,700
11,960
9,660
110,028,563
153,000
304,250
5,893,433
178,300
192,848,692
203,900
170,600
2,907,590
1,510,238,043
159,450
421,006
16,851,029
206,794
68,151,765
1,650
80,892
776,567
2,000
5,066,403,511
81,300
2,520,049
1,805,750
44,100
37,551,216
735,330
242,808
389,865
250,200
1,261,762,972
42,323
829,526
2,066,486
83,978
33,522,624
46,280
87,995
2,718,368
2,900
1,997,440,996
7,350
429,238
1,588,127
278,608
22,342,330
103,484
189,298
730,736
2,500
255,135,411
105,166
231,519
673,024
28,309
6,295,678
41,250
33,664
272,206
1,173
1,256,229
1,268
1,684,423
1,348
1,766,118
1,478
2,655,195
1
900
1
46
80,954
118
102,698
47
100,725
57
354,011
1.3
1.5
7
2
12,737
950
6
2
861
5,600
2
2
267
1,000
1
3
1
281
5,809
5,000
:;:::::::::;
2
31
24,225
46
49,839
90
1
1
378,328
2,750
400
33
124,759
2
9,900
2.5
1
1,500
4
9,945
9
28,473
7
1
30,075
3,800
2
266
1,865
1,445,479
3
101
196,715
162
1
259,907
85,000
218
397,375
1
5,000
1
22
150
50,796
1
18
2
4,500
58,482
14,125
3.5
3 6
7
1
7,244
5,000
21
53,015
1
3,000
3 8
3 9
4
4 1
422
1,224,636
906
3,889,498
1,275
4,996,192
1,383
4,863,508
4 1.
1
4
200,000
25,100
4.3
4 4
2
3,863
1
5,600
2
37,950
■i .5
4 6
101
1,134,666
379
4,689,617
769
13,644,885
928
2
12,783,467
4,900
4 7
. 1
9
22,280
2,300
38,850
103,025,173
4.8
5
5 1
2
6,585
32
14
2
683
7,000
29,981,539
4,000
25,975
27,440
2,100
2,552,228
9
14,525
28,190
67,988,239
9
26,936
4
51
13
3
1,779
40,000
114,749,868
3,500
42,480
34,700
4,100
5,867,191
5.2
5.3
5.4
5.5
5 6
41
23
2
1,098
33,870
82,456
3,000
3,885,153
39
15
4
1,435
1
45,550
69,725
16,668
4,965,695
500
57
10
10,000
118,550
5.8
5 9
3
9,900
2
4,900
5
8,600
6
6 1
252,430
356,683,170
283,052
7
112
49
7
1,550
2
9
9
1
83,183
1
61
136
428,260,430
9,700
124,650
66,934
9,700
2,661,702
2,000
16,450
30,045
1,200
94,708,027
978
41,750
150,147
317,350
5
145
41
5
1,652
6
12
13
493,888,177
6,000
143,000
64,468
2,500
2,832,281
10,300
25,660
69,915
329,266
S
198
60
3
1,713
96
14
15
13
108,692
1
63
128
1
1,577
2
493,262,155
2,700
219,775
98,335
3,900
3,124,843
193,759
33,360
45,974
14,650
124,638,413
1,845
50,450
204,080
1,200
2,589,558
1,350
6.2
6.3
fi 4
1
18
450
19,746
6.5
6.6
6.7
6.8
6.9
1,365
1
5
2,408,800
300
17,000
10,700
7
7.1
61,909
75,145,265
107,233
5
62
110
118,873,180
2,550
43,820
179,688
7.2
7.3
7,4
56
160
43,900
164,583
7.5
7.6
718
1,234,136
953
1,416,115
1,163
1,698,881
7.7
r
2
600
15,200
4
45
73,395
214,305
7.8
7.9
3
12,700
128
1
194,602
113,564
100
171,575,805
8
8.1
152,629
131,116,870
170,688
139,100,092
182,628
2
8
17
155,404,345
1,300
10,200
48,466
8.2
1
21
300
80,347
61
26
25
1,005
3
6
14
93,043
76,432
50,073
1,674,107
3,900
21,156
54,624
8.3
8.4
11
2
232
15,711
600
261,446
8.5
8.6
327
663,390
644
1,220,461
8.7
1
3
300
4,413
6
15
17,550
105,778
8.8
8.9
7
31,025
9
9.1
9.2
10,875
50
1
9,677,988
17,350
450
1,400
15,241
55
13,332,497
18,988
17,178
59
6
11
1
235
4
1
7
16,085,564
21,070
4,489
40,175
5,000
415,258
17,000
9,000
16,900
17,783
65
10
7
1
257
1
2
6
17,377,033
22,608
5,550
21,275
1,200
592,222
16,000
8,000
35,566
9.3
9.4
6
30,050
9.5
9.6
233
326,185
309
357,623
9.7
1
1
900
31,000
2
2,000
MORTGAGES— SUMMARY FOR THE UNITED STATES.
1880-1889 BEARING SPECIFIED RATES OF INTEREST: SUMMARY FOR THE UNITED STATES.
21
1884
1885
1880
Number.
1887
Amount.
1888
1889
Num-
ber.
Amount.
Num-
ber.
Amount.
Number.
Amount.
Number.
Amount.
Number.
Amount.
RATES.
907,581
81,113,801,603
975,820
81,136,067,726
1,047,851
81,300,808,911
1,167,005
81,571,982,665
1,122,131
81,518,014,856
1,226,323 81,752,568,274
Total.
1,679
1,841,203
1,737
1,901,002
1,729
2,064,818
1,832
1
2,770,584
2,625
1,742
2,085,047
1,917
I
1
85 |
5
6
2,559,278
60,000
1,500
1,500
141,928
2,055
2,125
0 per cent.
1
3,000
49
39,272
44
57,552
54
62,459
64
90,500
59
1
66,847
1,500
1 ....do.
2
3
1,192
870
1
750
2
2,984
1
47
379
62,790
. ..
1.8... .do.
40
54,656
41
182,551
55
83,329
63
61,919
47
60,399
2 ....do.
2.2....do.
1
1
9
14,500
1,683
6,600
1
8
2,500
9,190
2. 4... .do.
7
10,811
14
74,420
15
25,400
23
59,663
2. 5.... do.
1 300
II '-"•
236
491,845
274
694,402
271
565,234
316
2,103,402
338
527,120
377
1,030,124
3 ....do.
1
5
33
3,000
4,H)0
78,657
3. 2... .do.
5
19
1
17
2
8,975
29,843
183
14,400
880
2
27
10,000
786,633
3
27
11,960
55,980
11
31,200
37
593,322
3. 5... .do.
4
2,300
3. 7. ...do.
2
7,080
1
4,000
3. 8... .do.
1
1,943
9,660
15,293,146
3. 9. ...do.
1,544
1
14
3
5,726,591
3,000
19,100
8,200
1,727
9,345,809
2,347
18,458,393
1 ,703
3
21
107
1
2,247
8
95
53,582
51
57
1,638
14
3,572
24,518,903
150,000
22,400
1,500,572
800
30,537,472
16,000
69,200
809,753
235,945,199
56,700
71,403
4,361,192
31,072
9,837,290
2,345
21,681,887
4 ....do.
4.1 ....do.
16
12
1
1,331
1
1
16
39,307
14
50
31
6
2,256
20,900
87,000
4,000
15,796,220
7,000
6,000
295,900
148,342,527
17,100
29,817
67,900
23,700
6,243,344
11
44
2,444
9,700
693,960
27,315,593
11
76
2,426
1
12,300
1,401,925
165.000
31,016,933
100,000
17
146
3,121
5
9
102
61,617
16
62
3,575
50
4,232
1
1
23
19,850
2,129,263
8,500
41,516,652
75,000
85,100
797,412
273,870,466
25,700
94,625
9,753.770
115,134
11,509,576
500
12.0CO
82,956
4. 2... .do.
4.3... .do.
4. 4... do.
1,119
1
14,413,187
1,000
4. 5... .do.
4. 6... .do.
2
25
47,394
22
41
124
2
2,605
8,000
202.535
190,689,572
22.750
34,991
469,406
820
7,556,937
12
32,076
4
21
20
2,009
117,050
130,985,098
4,200
20,195
59,300
7.200
6,325,164
63
53,598
22
35
616
2
3,044
1
4
23
570,900
214,660,362
25,500
22,070
1,925,140
3,000
9,409,187
650
6,892
167,450
4. 8.. ..do.
5 ....do.
5.1. ...do.
5.2. ...do.
5. 3.. ..do.
5. 4.. ..do.
5. 5... .do.
5. 6.. ..do.
2
7
1
335,077
10
239
7
1,622
123
13
16
3
102,969
4
84
85
2
1,879
4
5,400
79,050
2,000
485,261,665
11,100
256,665
100,950
6,200
3,157,260
215,372
20,239
25,915
1,100
120,354,598
5,200
66,800
160,435
5,300
2,881,684
36,400
8
14,000
211,600
2
5
16,000
6,363
7
22
16,600
87,198
5.7. ...do.
5. 8. ...do.
316,159
7
228
86
3
1,342
118
10
9
6
103,887
88
88
467,119,837
9,950
270,370
181,554
5,300
2,728,672
216,999
19,650
26,350
2,500
117,277,303
1,550
69,190
122,172
350,667
1
234
145
4
1,798
16
10
7
14
112,034
1
88
87
484,116,693
1,200
324,950
169,858
5,800
3,954.239
12,750
7.449
37,700
15,050
129.599,089
20,000
70,125
167,757
389,250
11
240
232
579,979,821
11,350
285,655
286,925
396.634
17
301
267
4
2,361
10
26
15
78
124,755
isT
128
3
3,325
1
625
580,507,206
18,400
370,624
367,135
1,650
5,734,794
7,650
28,850
52,590
93,800
151,295,584
4,300
153,539
281,927
39,900
5,242.909
1,330
1,600
445,438
456,225
10
414
335
5
2,772
14
29
24
33
138,342
3
169
189
3
4,048
4
1
691
697,324,357
10,900
523,910
449,845
9,050
6,650,790
15,150
52,700
57,851
30,600
172,243,516
3,300
139,546
441,575
35,057
7,379,259
4,700
8,000
522,459
6 ....do.
6.1.... do.
6.2 .. do.
6.3. ...do.
6. 4. ...do.
2,170
8
18
14
71
128,326
3
165
68
5
2,829
4,297,835
31,050
21,450
32,825
91,300
157,627,997
2,600
150,406
191,122
2,521
5,135,622
6. 5... .do.
6. 6.. ..do.
6. 7.. ..do.
6. 8.. ..do.
6. 9. ...do.
7 ...do.
7.1.... do.
7. 2.. ..do.
7.3. ...do.
7. 4. ...do.
2,181
1
2,701,351
2,500
2,506
3,243,106
7.5.... do.
7. 6.. ..do.
459
3,800
368,290
1
534
1
290,551
1
61
91
15
2,332
103
33
21
1
35,318
600
392,928
2,800
309,125,111
800
66,400
258,409
12,252
3,517,357
58,684
18,429
110,489
1,700
38,257,341
7. 7. ...do.
233
420,362
339
213,122
7.8. ...do.
7.9....do.
201 ,028
1
57
35
24
1,168
1
2
24
177,341,916
1,300
40,620
95,350
56,700
1,944,124
550
1,700
_ 136,698
221,777
33
34
23
1,265
16
16
1
31,755
1
21
24
1
286
182,821,905
29,000
197,773
47,695
1,909,145
11,600
59,400
700
30,661,747
500
18.550
79,027
700
668,513
244,511
1
92
73
9
2,271
G
30
28
42,153
12
45
225,959.979
300
78,825
269,408
10,073
3,145,970
2,650
24,213
103,303
41,695,286
7,700
92,040
255,048
1
81
147
34
2,293
26
71
18
29,525
1
5
29
2
334
2
10
237,435,285
400
67,800
188,471
34,784
4,277,159
34.750
39.250
68,900
35,491,168
750
4,900
95,425
2,725
936,232
200
1,100
29,087
274,097
4
56
274
101
2,512
5
90
39
1
26,572
33
74
303
3
1
3
267,556,688
3,250
43,050
357,760
66,431
3,729,171
2,950
55,100
56,104
100
32,341,868
6,000
21,280
104,480
5,300
792,362
1,100
4.961
8 ....do.
8.1.... do.
8. 2.. ..do.
8. 3. ...do.
8. 4.. ..do.
8. 5.. ..do.
8. 6. ...do.
8.7.. ..do.
8.8. ...do.
8.9... .do.
21,352
1
22
13
1
269
2
20,211,916
17,900
12.200
80,373
13,384
666,372
6,000
9 ....do.
9.1... do.
10
42
156,400
128,779
9. 2. ...do.
9. 3.. ..do.
9. 4. ...do.
305
2
627,662
700
298
1
30
913,249
250
6,200
24,763
9. 5. ...do.
9. 6.. ..do.
15
3,500
63,140
9.7... .do.
1
1,000
32
62,150
6, COO 9. 8.. ..do.
22
FARMS, HOMES, AND MORTGAGES.
Table 9.— NUMBER AND AMOUNT OF REAL ESTATE MORTGAGES MADE DURING THE 10 YEARS
Number. Amount. Number. Amount.
do
10 percent 1,621,110
10.1 do 1
10.2 do 2
10.3 do 110
10.1 do 12
10.5 do 1,863
10.6 do 3
10.7 do 5
10.8 do 33
11 do 11,151
U.2 do S9
11.3 do 75
11.4 do 73
11.5 do 780
11.6 do 3
11.7 do 11
11.8 do 3d
11.9
12
12.1
12.2
12.3
12.5
12.7
12.8
13
13.1
13.2
13.3
13.4
13.5
13.6
13.7
13.8
13.9
H
11.2
11.3
11.4
11.5
11.8
15
15.3
15.1
15.5
15.7
15.9
16
16.5
16.6
16.7
16.8
17
17.3
17.4
17.5
17.7
18
18.5
18.7
19
19.5
20
20.5
20.9
21
21.3
21.5
22
22.2
22.3
22.4
22.5
2i
21
25
25.6
18,365,063
52,400
208,850
32,250
1,911,016
13,250
51,117
5,500,311
3,628
33,116
2,007,133
7,500
1,750
18,720
5,638
6.950
182,219
1,600
2,000
751,168
50,203
511,102
3,200
102,372
1,500
18,553,435
2,500
27,600
21,961
4,300
1,779.535
9,135
1,000
9,320,955
5,656
1,231
721,371
Number. Amount.
Number. Amount.
571,263,520 126,508 876,223,826 133.512
8,100
176,166
1.500
1,000
2,100
25,313
''4,137
.J;7*.5 \_
|l2i',58l'" 2,729
109,662 538
17,196 31
799,179
4,433
39,175
2,850
190,616
4,402
164,725
1,850
'2,'232^808
23,477 41
"7,606 5"
856,219
6,107
838,556,491
6,150
20,000
6,500
1,209,191
23,300
4,650
2,000
167,166
Number. Amount.
151,860 8102,314,856
1,200
1,000
1,075,727
9.875
'19,807,952
1,700
146,744
2,500
2,108,508
1,079,929
8,192
MORTGAGES— SUMMARY FOR THE UNITED STATES.
1880-1889 BEARING SPECIFIED KATES OF INTEREST: SUMMARY FOR THE UNITED STATES— Continued.
23
1884
1885
1S8G
1887
1888
L889
Num-
ber.
Amount.
Num-
ber.
Amount.
Number
Amount.
Number
Amount.
Number.
Amount.
Number.
Amount.
RATES.
159,533
$105,912,534
171,282
$109,391,404
182,037
$118,913,946
197,539
9146,902,004
186,002
1
1
9
8137,826,778
5,000
2,500
96,222
192,838
$154,974,705
10 per cent.
1
27
5
319
100
31 ,729
3,200
511,370
46
321
33,150
1,200
625,890
6
2,400
7
4
193
30,450
2,100
415,018
9
1
180
25,600
1,400,
592,206
10.3...do.
173
1
424,581
200
207
338,403
10. 5. ..do.
1
5
2,392
2,000
32,200
3,012,054
2
1
2,477
3
3
1,875
1,100
2,516,863
2,800
28,249
6
1,268
58
12,600
1,586,051
26,200
1,500
6
1,233
27
9
45
99
6,753
1,565,182
8,900
12,546
19,100
177,706
1
1,736
1,300
2,497,395
5
1,945
8,728
2,386,890
10. 8. ..do.
11 ...do.
15
24
89
9,775
9,200
149,887
6
7,500
2
2,500
11.3...do.
55
135,669
72
135,317
74
262,851
139
323,315
11. 5. ..do.
2
3,200
1
550
3
13,910
5
9,710
3
11,600
1
1,000
29,012
23,930,556
32,683
25,444,698
36,122
28,011,810
38,273
31,506,026
37,478
31,752,802
31,659
1
1
2
990
28,036,666
200
400
1,275
696,866
12 ...do.
12.1. ..do.
1
1,002
400
514,881
3
1,270
17,800
687,598
1
1,157
450
622,031
4
1,011
1
1,012
5,400
747,607
1,828
1,200
1,570,604
7
817
1
1
1,048
1
2
6
19,087
592,732
1,800
2,000
1,832,964
1,000
440
15,030
12.3...do.
12.5...do.
199
2,100
180,789
8
763
9,050
838,516
2
1.461
2,000
1,903,634
469
493,540
13 ...do.
1
1,000
1
2,500
1
500
2
2,577
*
3,050
13.3. ..do.
114
156,231
159
227,094
121
175,860
64
1
85,320
6,350
106
175,556
119
182,696
)3.5...do.
.::::. :
1
1,220
1
3,000
225
265,245
247
262,328
262
288,943
,7:.
228,001
404
1
2
1
24
21
4,527
563,995
300
3,000
1,500
47,765
6,800
3,560,406
325
315,565
14 ...do.
1
2,288
2
24
18
4,384
3,750
43,450
5,500
2,938,907
20
1
3,955
17,650
500
3,095,132
19
14
4,575
23,150
6.100
3,093,688
17
18
4,152
23,758
9,900
2,475,256
13
28
3,616
12,400
• 13,200
2,361,423
14. 5... do.
14. 8. ..do.
15 ...do.
6
1
2,600
600
"
2
1,970
1
187
3
1
166
2,000
136,113
950
90
97,029
60
61.718
2,923
83
4
45,924
6,260
86
3
53,105
2,700
117
1
107,592
300
149
8
145,841
8,875
16 ...do.
16.5. ..do.
"6
38,901
82
50,722
135
76,640
108
72,373
170
99,889
16. 7. ..do.
6
5,900
13
9,675
6
10,860
13
16,955
29
1
26,460
1,500
19
11,483
17 ...do.
1
200
I
2,455
4,000
450
1,473,593
2
775
2
1,200
3,455
2,180,530
3,105
1,803,682
2,157
1,303,534
2,977
2
1
4
2,044,556
1,500
27,600
6,900
2,847
1,582,350
18 ...do.
3
2,063
2
838
1,500
4,300
193,984
2
992
1
6,500
2
959
19 ...do.
594
117,952
864
1
200,054
250
790
203,430
946
240,699
989
230,818
20 ...do.
1
21
585
16,136
25
22,677
20
21,889
21
21 ,785
55
65,457
31
16,265
540
21 ...do.
1
768
1
250
2
2,000
67
i'i ,047
4
1
1
1
9
1,505
450
315
270
9,135
22 ...do.
22. 2. ..do.
22. 3. ..do.
::::::::: ::::::::::::::::
22. 5. ..do.
1
1,800
32
200
932,467
4,312
i
1,547
22
200
828,663
5,882
23 ...do.
1,702
27
918,988
31,258
1,757
46
949,947
10.403
1,879
29
1,129,510
3,883
1,926
35
945,882
8,200
24 ...do.
25 ...do.
25. 6. ..do.
1
2
100
2,200
1
4
700
6,225
2
880
2
1
1
725
1,000
150
4
2,975
27 ...do.
27. 5. ..do.
1
150
1
1
228
28 ...do.
1
174
1,234
59,646
29. 3. ..do.
182
68,153
114
46,269
102
34,071
146
73,290
115
44,614
30 ...tin.
31 ...do.
1
n
2
150
2
206
32 ...do.
24
FARMS, HOMES, AND MORTGAGES.
Table 9.— NUMBER AND AMOUNT OF REAL ESTATE MORTGAGES MADE DURING THE 10 YEARS
$6,200
1,311
1,195,400
177.579
1,570
33,889
3,000
1,500
36,610
3,016
2,859
Number. Amount.
188,045
" "2,'l50
6
5,200
6
1
25,175
1,000
19,795
" 1*625
MORTGAGES— SUMMARY FOR THE UNITED STATES.
1880-1889 BEARING SPECIFIED RATES OF INTEREST: SUMMARY FOR THE UNITED STATES— Continued.
25
1884
1885
188G
1887
1888
1889
Num-
ber.
Amount.
Num-
ber.
Amount.
Number.
Amount.
Number.
Amount.
Number.
Amount.
Number.
Amount.
RATES.
1
$600
1
1
270
8150
37
86,451
2
8250
2
$1,200
33 per cent.
2
231
2
$1,115
94,312
389
1
265
$159
80,163
271
82,859
423
1
142,678
200
317
105,664
36 ...do.
2
520
1
57
62
15,391
52
21,077
50
18,131
72
26,422
56
13,327
55
1
6
14,799
1,570
1,253
40 ...do.
5
1
2,373
3,000
5
2,000
9
2,180
7
2,125
3
715
42 ...do.
1
49
271
11,451
2,817
38
8,836
62
1
20,996
125
58
3
1
22,327
421
700
62
1
19,931
400
63
1
18,605
48 ...do.
2
250
2
150
4
6,110
2
135
88
34,901
169
1
42,330
3,400
165
30,639
61
16,177
120
27,966
106
28,421
60 ...do.
2
1,400
1
1,100
1
164
1
1,500
1
800
1
1
2
55
35
150
2
2
950
625
1
900
8
1,045
6
525
2
1,850
1
1
3
300
1,600
430
2
1,160
3
325
2
500
1
500
80 ...do.
1
50
1
1,000
1
1
59
80
1
50
3
2,300
1
40
1
60
1
1,000
10
1,765
16
2,325
1
50
2
450
1
2,000
120 ...do.
1
680
1
100
1
40
1
20
1
200
1
2
26
FARMS, HOMES, AND MORTGAGES.
Table 10.— PERCENTAGE OF NUMBER AND AMOUNT OF REAL ESTATE MORTGAGES MADE DURING THE
ARING INTEREST
STATES AND TERRITORIES.
Under 6 per cent.
For
amount.
For
umber.
For
amount.
The United States..
Alabama
Arizona
Arkansas
California
Colorado
Connecticut.....
Delaware
District of Columbia
Florida
Georgia...
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana...
Nebraska
Nevada
Kew Hampshire
New Jersey
New Mexico '..
New York
North Carolina
North Dakota
Ohio
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
0.46
1.25
4.56
30.76
24.34
12.85
2.09
0.71
0.76
4.S6
1.35
0.66
0.19
1.20
0.60
6.44
11.68
4S.66
2.36
2.18
0.20
2.46
0.08
0.56
0.59
1.91
23.38
0.29
42.59
0.26
0.20
3.03
0.29
29.20
31.82
0.30
0 24
0.41
2.55
0.29
3.49
0.86
3.79
0.97
36.31
2.05
1.40
18.75
4.55
2.39
82.33
88.56
79.36
2.28
0.61
0.72
24.71
36.49
9.81
3.48
82.88
3.90
75.46
96.43
63.88
5.42
4.63
2.26
11.83
0.80
5.60
27.08
98.99
84.88
4.65
80.26
6.45
0.99
48.26
0.37
88.53
70.97
0.69
0.70
99.61
1.23
3.26
99.59
96.85
1.38
96.15
15.66
41.89
17.15
41.83
12.22
9.71
11.10
68.89
75.66
77.59
7.00
39.28
44.90
14.33
4.50
84.19
12.23
80.61
88.14
45.68
13.78
11.19
4.85
24.67
3.74
9.87
19.18
97.87
76.40
19.53
57.29
10.56
2.65
57.85
0.55
70.61
61.06
2.73
2.15
99.29
3.71
3.41
96.49
95.57
3.78
95.15
32.47
11.26
0.09
0.69
0.74
14.23
9.95
0.32
0.01
7.16
1.24
10.93
2.19
25.20
10.78
15.17
10.41
2.16
2.89
6.39
0.03
5.90
46.72
17.24
0.25
6.86
19.76
9.98
6.42
0.11
0.19
0.94
0.06
0.30
11.43
13.39
4.75
0.04
10.02
46.21
2.97
0.01
0.70
1.93
0.01
0.05
16.63
0.41
41.79
0.62
4.57
4.00
11.53
0.31
4.90
6.16
14.58
9.50
26.93
15.42
21.54
11.62
3.94
6.84
4.99
0.05
2.81
55.67
23.39
0.71
9.80
20.86
11.30
6.01
0.11
0.21
27.55
0.11
1.48
12.72
15.10
5.51
51.57
0.06
1.47
10.00
1.23
38.06
69.72
6.78
3.97
15.23
24.70
0.03
5.90
33.19
70.40
1.29
46.95
50.79
47.64
21.86
11.92
91.48
5.94
0.07
1.23
29.51
42.87
6.70
31.92
2.00
24.01
1.79
0.01
0.01
2.35
0.01
93.10
10.51
33.10
8.61
0.07
1.40
2.78
7.99
0.08
12.52
4.94
0.01
2.74
7.36
2.47
28.93
5.76
16.52
63.60
8.73
14.74
20.44
29.09
0.02
2.77
33.44
64.26
4.91
27.53
36.62
47.71
27.14
9.43
77.46
3.76
0.05
0.50
20.83
43.72
13.83
36.67
3.48
33.14
6.31
0.05
0.01
11.59
0.01
87.27
14.23
20.98
13.84
0.05
0.43
5.43
12.31
0.09
16.44
15.64
2.28
10.13
2.36
19.58
11.17
MORTGAGES— SUMMARY FOR THE UNITED STATES.
10 YEARS 1880-1889 BEARING SPECIFIED RATES OF INTEREST, BY STATES AND TERRITORIES.
27
MORTGAG
ES BEARING INTEREST AT RATES OF —
6 to 8 per cei
t, inclusive.
Over 6 per cent.
Over 8 per cent.
Over 10
per cent.
Over 12
;>er cent.
For
For
For
For
For For
For
For
For
For
number.
amount.
number.
amount.
number. amount.
number.
amount.
number.
amount.
71.07
69.63
59.08
42.05
24.32
14.41
4.45
2.83
1.24
0.66
1
71.86
85.33
97.89
81.79
28.08
13.61
24.07
11.50
14.82
5.81
2
S.87
54.56
97.24
54.78
89.77
42.05
81.13
32.81
68.58
22.77
a
23.48
28.88
81.07
87.32
76.34
70.66
0.08
0.13
0.04
0.02
4
84.72
49.36
94.95
89.04
61.78
49.39
33.50
17.83
10.53
4.54
5
37.20
52.19
96.94
81.34
62.13
43.25
29.07
14.55
15.44
6.10
6
82.70
88.57
93.49
36.73
69.23
75.66
86.31
47.35
0.38
0.01
16.76
96.03
0.35
.,
.
9.56
90.58
2.63 0.84
61.58 50.56
0.01
32.25
21.05
16.92
8.90
10
82.03
87.31
99.31
91.33
17.84 11.98
16.30
10.53
8.39
5.72
11
4.22
21.42
98.19
92.24
94.69 77.82
83.68
63.20
42.05
24.57
12
97.91
98.98
73.31
36.02
91.99
98.47
81.64
43.72
73.37
62.70
89.86
96.42
55.86
53.75
85.01
95.31
0.17 0.15
0.21 0.18
26.36 1 14.70
63.88 56.09
0.01
0.01
0.03
11.76
0.01
11
0.02
7.34
0.12
0.08
16
96.99
98.29
97. 6S
96.59
16.62
95.68
14.61
87.17
2.51 1.12
1.29 2.81
0.02
0.75
0.01
1.35
0.01
0.04
....
0.07
18
88.61
90.18
21.56
12.95
8.41
3.38
2.23
0.63
0.07
0.01
19
96.53
74.38
88.24
50.95
0.26
11.58
0.18
5.66
0.16
1.08
0.08
0.39
°n
0.49
0.15
0.15
0.03
21
82.13
65.03
91.17
79.36
93.65
93.19
83.86
86.63
16.94
32.79
6.47
18.46
0.02
0.12
0.01
0.09
0.01
0.01
nn
0.01
23
9.22
19.42
97.63
94.95
90.67
80.38
7.34
4.48
6.17
3.53
24
50.99
71.77
87.28
72.87
48.12
25.77
0.06
0.01
0.01
0.01
25
22.57
28.08
98.98
96.18
77.21
71.84
61.06
55.98
38.26
26.74
26
40.41
55.76
93.99
89.57
59.18
43.68
0.09
0.11
0.01
0.02
27
35.34
31.61
72,67
80.23
61.41
67.80
47.86
38.42
25.23
14.47
28
99.12
85.08
7.99
98.05
76.62
58.71
0.16
0.20
94.67
0.19
0.22
80.18
0.03
0.01
0.01
91.33
41.00
80.56
30.52
12.30
2.32
31
80.33
99.86
23.08
57.41
99.35
29.77
0.07
93.47
98.89
0.12
89.18
97.15
0.06
76.80
0.39
70.03
0.01
20.41
14.85
0.06
0.06
34
96.57
96.01
50.04
39.12
1.73
0.93
0.10
0.04
0.04
0.01
35
13.73
16.27
99.31
99.16
85.95
83.44
4.89
4.34
0.28
0.32
36
88.61
83.82
70.76
68.07
0.21
13.38
0.19
7.12
0.10
0.53
0.04
0.11
0.04
0.14
0.02
0.03
0.05
0.01
38
49.68
59.74
99.20
96.97
50.21
39.96
0.13
0.11
0.03
0.01
39
11.81
19.54
99.19
97.61
88.08
80.22
11.82
9.36
1.15
1.31
40
99.70
14.45
99.44
21.62
0.20
96.31
0.30
93.74
0.01
20.68
83.12 75.83
20.08
0.51
0.28
42
10.14
24.48
96.50
96.30
89.62
75.23
58.43
31.59
23.51
8.34
43
99.61
99.64
25.51
96.50
98.72
24.60
0.02
2.98
98.50
0.02
3.28
89.24
0.01
0.13
68.42
0.19
74.37
0.01
39.93
0.01
26.08
15.86
7.71
46
99.14
86.97
23.11
98.89
91.01
36.41
3.35
82.41
83.09
3.99
63.74
75.61
0.36
11.10
76.65
0.25
5.17
62.62
0.02
0.01
58.31
0.01
0.01
42.41
18.76
9.88
49
28
FARMS, HOMES, AND MORTGAGES.
Table 11.— PERCENTAGE OF NUMBER AND AMOUNT OF MORTGAGES ON ACRES MADE DURING THE
MORTGAGES
INTEREST AT
STATES AND TERRITORIES.
The United States..
Alabama
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia .
Georgia..
Idaho ....
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts..
Michigan
Minnesota
Mississippi
Montana
Nebraska
Nevada
New Hampshire .
New Jersey
New Mexico
New York
North Carolina....
North Dakota ....
Ohio
Oregon
Pennsylvania
Rhode Island
South Carolina...
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Under 6 per cent.
2.3
0.03
1.76
0.16
0.49
0.90
13.36
10.77
8.13
1.93
0.05
1.39
1.91
0.87
0.32
0.10
0.50
0.42
3.18
3.14
21.44
0.94
3.88
0.10
0.51
0.22
0.40
0.16
0.87
13.55
1.02
10.20
0.06
0.09
1.93
0.34
10.79
14.16
0.10
0.10
0.28
3.51
0.29
0.42
0.23
0.14
0.39
2.27
0.19
0.53
1.03
8.75
23.56
22.94
29.45
2.43
0.40
0.85
2.20
1.28
0.66
0.18
1.28
0.57
34.68
2.88
2.82
0.18
0.98
0.07
0.62
0.54
1.56
17.94
0.30
19.33
0.24
0.18
3.17
0.34
27.24
24.36
0.15
0.20
0.36
3.34
0.38
4.15
1.53
13.45
0.82
4.04
0.42
For
number.
1.82
3.34
22.29
1.24
2.70
86.28
89.20
73.69
2.52
0.52
0.70
16.45
33.16
12.53
4.42
79.86
0.96
71.23
96.57
68.02
5.37
3.89
1.54
7.15
0.85
6.74
39.70
98.98
86.25
5.01
89.74
6.73
0.77
47.55
0.43
88.99
72.89
0.29
0.58
99.43
1.41
8.70
99.56
99.04
1.44
97.87
13.96
32.35
For
amount.
22.14
53.43
13.46
3.00
14.60
76.18
77.06
62.53
9.09
9.79
8.10
28.31
43.06
15.48
5.03
79.61
4.34
78.48
91.93
59.53
12.50
6.64
3.72
12.01
4.95
8.23
23.47
98.20
81.72
22.73
80.54
10.94
2.21
57.42
0.57
72.57
70.32
1.27
1.99
99.17
4.05
6.34
95.83
97.04
3.29
96.82
29.79
40.29
13.37
0.07
0.91
0.77
14.97
18.63
0.30
0.03
8.37
1.20
10.66
3.02
24.50
11.77
17.37
12.99
2.32
1.81
5.94
0.04
6.28
45.09
21.80
0.14
6.57
19.46
12.61
9.33
0.11
0.18
1.77
0.06
0.29
11.68
13.98
6.83
0.05
9.54
44.87
2.94
0.03
0.79
5.50
0.01
0.06
25.82
0.25
38.21
0.95
For
mount.
13.38
13.88
0.23
12.33
11.63
31.38
16.11
23.02
13.07
4.90
3.84
4.72
55.67
24.79
0.06
8.34
31.20
12.55
7.46
0.13
0.32
33.10
0.12
1.38
14.24
15.14
2.63
0.10
4.23
47.89
4.67
0.11
0.89
12.30
1.06
38.37
1.22
26.26
63.59
12.06
2.73
15.12
13.37
0.02
7.42
33.73
70.46
1.45
55.68
53.24
49.80
20.81
13.94
94.78
6.69
0.09
1.15
30.77
25.46
5.77
28.49
2.76
20.98
1.68
0.01
0.02
92.84
11.14
35.25
10.20
0.07
2.05
2.65
6.32
0.13
12.85
3.33
0.01
0.36
2.81
1.09
32.48
12.86
For
amount.
23.62
52.30
9.92
13.26
24.52
17.19
0.01
5.07
31.67
65.60
5.62
35.67
38.12
47.98
25.87
12.44
86.69
4.43
0.06
0.51
21.61
31.97
13.26
38.94
3.94
29.39
6.43
0.07
0.02
12.74
0.01
86.91
14.64
22.73
16.14
0.05
0.43
5.68
9.52
0.16
16.44
11.21
0.01
0.32
6.92
1.02
21.34
12.88
MORTGAGES— SUMMARY FOR THE UNITED STATES.
10 YEARS 1880-1889 BEARING SPECIFIED RATES OF INTEREST, BY STATES AND TERRITORIES.
29
MORTGAGES BEARING INTEREST AT RATES OF—
6 to 8 per cent, inclusive.
Over 6 per cent.
Over 8 per cent.
Over 10 per cent.
Over 12 per cent.
For
For
For
For
For
For
For
For
For
For
number.
amount.
number.
amount.
number.
amount.
number.
amount.
number.
amount.
66.22
70.90
71.52
62.83
31.48
23.80
4.95
4.11
1.36
0.84
65.48
80.23
98.15
76.43
34.49
18.34
29.60
15.55
18.17
7.79
16.31
68.23
94.90
42.49
81.93
27.69
70.61
18.97
56.85
11.84
25.81
28.52
77.55
86.01
74.03
70.95
0.06
0.09
0.04
0.03
32.06
43.89
98.27
95.97
67.45
55.08
33.21
17.36
9.09
3.36
34.98
45.94
96.40
76.65
64.12
45.31
31.66
15.02
14.96
5.61
86.62
89.23
89.72
37.45
76.43
77.06
69.91
48.74
0.36
0.03
18.18
95.55
0.26
0.02
0.01
8.02
88.48
2.15
60.62
0.64
48.83
33.84
23.32
18.56
10.02
81.66
87.79
99.43
89.81
18.29
11.81
16.92
10.78
8.92
5.41
5.20
25.36
97.91
91.05
93.41
73.79
81.92
59.13
39.69
21.61
97.91
98.88
80.39
38.58
97.59
98.52
87.56
44.49
81.64
65.97
87.15
95.48
69.49
55.66
83.86
94.79
0.18
0.25
19.29
61.32
0.21
0.20
11.78
55.33
0.01
0.01
0.02
8.29
0.02
5.45
0.11
0.08
96.16
97.56
97.14
94.88
19.64
98.62
19.11
95.09
3.34
2.02
1.58
4.55
0.03
1.16
0.01
2.17
0.01
0.06
0.12
84.53
88.19
25.59
15.22
12.29
5.51
3.38
1.03
0.10
0.03
96.70
77.58
92.07
64.80
0.29
10.54
0.22
5.79
0.16
0.98
0.08
0.52
0.01
0.35
0.01
0.12
0.15
0.03
81.83
51.41
90.79
63.93
93.69
92.23
84.62
90.54
17.23
44.71
6.33
33.25
0.02
0.07
0.01
0.08
0.01
0.01
0.01
7.45
17.66
98.36
96.10
92.45
82.16
7.53
4.51
6.24
3.45
42.53
59.75
92.34
87.01
56.96
39.27
0.08
0.06
0.01
0.01
23.07
40.09
98.93
94.98
76.71
59.84
66.15
47.62
38.50
21.71
41.12
51.30
92.86
91.15
58.48
48.08
0.08
0.11
0.01
0.02
50.76
37.42
60.14
75.99
49.08
62.04
30.99
31.13
15.03
10.62
99.11
86.45
10.13
98.41
82.06
68.57
0.15
0.20
93.97
0.24
0.34
76.97
0.02
0.03
0.01
0.01
88.85
31.13
76.65
21.37
6.48
0.64
89.80
99.87
23.73
80.67
99.26
31.30
0.06
93.21
99.14
0.13
88.82
97.61
0.07
76.18
0.50
68.52
0.01
18.33
13.17
0.07
0.06
97.66
96.61
50.52
39.41
0.41
0.22
0.03
0.02
0.02
0.01
17.46
19.34
99.23
99.09
82.20
80.32
5.39
5.52
0.38
0.48
89.11
85.38
47.81
72.72
75.60
54.84
0.22
12.95
99.61
0.19
5.32
98.58
0.10
0.46
52.09
0.04
0.04
45.01
0.04
0.07
0.14
0.02
:zz:::::iz
0.13
0.03
0.02
10.03
16.54
99.32
97.81
89.87
83.26
9.81
7.82
0.69
1.00
99.59
99.44
0.29
0.47
0.13
0.20
0.01
0.01
15.05
21.87
95.08
92.61
81.44
74.79
17.82
18.46
0.07
0.04
17.53
31.86
91.01
93.28
82.18
67.76
60.62
39.12
29.59
14.12
99.58
99.46
95.84
98.25
0.02
0.73
0.02
1.43
0.01
0.22
0.31
0.02
0.01
30.29
22.67
98.42
83.26
69.57
63.88
41.67
29.93
16.42
9.03
99.24
85.18
98.94
90.40
1.74
83.77
2.36
66.17
0.37
12.55
0.24
5.56
0.02
0.01
0.01
46.30
54.65
67.46
59.29
53.51
44.93
41.70
29.89
11.43
6.00
30
FARMS, HOMES, AND MORTGAGES.
Table 12.— PERCENTAGE OF NUMBER AND AMOUNT OF MORTGAGES ON LOTS MADE DURING
STATES AND TERRITORIES.
MORTGAGES REARING INTEREST AT RATES OF-
TJnder 6 per cent.
For number.
6 per cent.
7 per cent.
For number.
For amount
For number. For amount
Tbe United States-
Alabama
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
District of Columbia-
Florida
23.38
48.70
9.15
7.59
0.18
1.00
0.30
1.55
1.73
32.50
21.88
12.26
1.61
1.11
0.36
6.72
1.47
0.66
0.20
1.10
0.64
6.54
14.10
50.67
1.50
1.77
0.31
3.66
0.10
0.44
0.80
2.37
24.92
0.27
46.09
0.33
0.28
2.89
0.19
29.70
33.20
0.65
0.39
0.45
0.35
0.26
1.46
0.79
0.12
0.96
3.41
1.57
0.36
7.80
7.89
2.24
79.43
1.92
0.86
0.77
30.63
40.91
3.97
1.53
87.07
7.68
80.18
96.35
62.96
5.51
5.46
6.19
17.33
0.77
3.30
0.61
99.01
84.60
4.45
76.89
5.45
1.99
48.73
0.24
88.36
70.66
2.10
1.19
99.78
0.86
0.82
99.67
94.65
1.30
93.21
18.29
8.52
5.19
1.49
9.59
18.80
8.74
67.13
75.12
78.12
4.88
5.59
2.27
46.90
48.21
10.80
3.14
89.57
23.92
82.25
85.74
43.69
15.92
14.09
10.43
34.87
1.76
13.08
1.43
97.50
74.89
4.12
53.80
9.60
4.42
58.27
0.51
70.12
59.34
6.10
2.70
99.40
2.74
2.23
98.50
94.17
4.30
91.34
36.78
4.81
0.17
0.58
0.67
13.49
5.54
0.32
7.15
1,30
11.66
0.17
25.70
9.47
10.43
5.07
1.94
4.29
6.91
0.03
5.81
49.40
12.14
0.82
7.20
19.99
4.69
0.34
0.12
0.20
0.48
0.06
0.36
10.32
13.00
0.27
0.04
10.10
50.90
3.09
0.01
0.49
0.33
0.01
0.04
5.26
0.68
47.30
0.44
1.64
0.93
2.02
21.24
9.93
0.33
5.00
3.62
17.51
0.39
23.84
14.17
16.95
7.89
2.82
11.27
5.19
0.04
2.72
55.66
22.51
0.95
10.98
3.98
8.87
0.15
0.08
0.19
0.69
0.11
1.72
6.59
15.05
0.53
0.09
5.75
60.12
5.18
0.01
1.74
1.87
0.04
0.86
7.56
1.64
37.56
2.18
91.62
3.95
7.80
15.34
30.45
0.04
32.34
70.24
0.90
40,70
47.55
42.98
24.03
9.11
87.24
5.11
0.05
1.26
27.43
62.34
11.79
35.96
1.42
30.09
2.01
0.03
5.12
12.99
4.85
23.46
2.07
11.68
90.70
4.59
17.87
14.91
37.13
0.02
35.90
62.53
46.87
30.42
5.90
63.80
3.25
0.04
0.50
19.52
51.22
16.68
34.84
2.73
40.48
5.81
0.01
1.80
6.04
0.01
94.00
88.20
7.88
12.59
31.64
19.30
5.20
9.71
0.07
0.04
1.29
0.43
3.21
4.85
14.37
21.90
0.03
0.02
11.82
16.46
5.66
17.40
4.14
13.53
5.41
16.76
9.29
MORTGAGES— SUMMARY FOR THE UNITED STATES.
THE 10 YEARS 1880-1889 BEARING SPECIFIED RATES OF INTEREST, BY STATES AND TERRITORIES.
31
MORTGAGES BEARING INTEREST AT RATES
OF—
6 to 8 per cent, inclusive.
Over 6 per cent.
Over 8 per cent.
Over 10
per cent.
1
Over 12 per cent.
For number.
For amount.
For number.
For amount.
For number.
For amount.
For number.
For amount.
For number. For amount.
75.89
68.58
46.70
27.92
17.20
8.04
3.95
1.97
1.11
0.54
1
94.65
97.57
97.00
94.63
5.21
2.25
4.33
1.75
2.85
1.04
S
4.89
7.01
98.49
97.51
93.96
91.99
86.76
80.94
74.86
60.79
i
16.31
29.64
91.97
90.11
83.46
70.06
0.10
0.22
0.01
0.01
4
37.41
56.77
91.60
79.65
62.08
41.68
33.79
18.47
11.99
6.14
38.33
56.41
97.21
89.53
61.12
41.86
27.75
14.23
15.69
6.43
(
81.36
88.38
93.54
35.60
67.49
75.12
86.90
45.41
0.39
0.37
0.01
0.01
16.74
96.77
9.62
93.51
2.63
63.09
0.84
52.98
0.01
29.76
17.90
14.37
7.35
1(
83.26
86.70
98.99
93.30
16.59
12.19
14.56
10.19
6.91
6.11
11
1.84
4.54
98.89
97.37
97.82
95.10
87.97
80.69
47.82
37.27
i;
97.92
99.12
58.08
30.71
93.17
98.38
75.64
41.74
67.45
58.37
95.68
98.36
46.38
50.32
88.54
96.66
0.16
0.16
41.57
69.18
0.11
0.15
23.70
58.06
0.01
0.02
0.05
18.94
0.01
0.01
0.04
12.20
lr
0.13
0.07
1«
98.14
99.25
93.18
98.34
99.13
91.71
12.44
91.90
17.07
9.33
75.44
11.21
1.37
0.33
4.07
0.56
0.23
1.75
0.02
0.20
0.94
0.01
0.15
0.33
V
0.04
0.01
1!
96.43
73.67
85.82
48.96
0.25
11.82
0.16
5.64
0.17
1.11
0.08
0.37
0.52
0,15
0.15
0.03
21
82.62
80.26
91.79
89.21
93.57
94.26
82.58
84.14
16.46
19.46
6.71
9.02
0.02
0.19
0.01
0.11
0.01
0.02
0.01
25
18.82
28.18
93.62
89.26
80.99
71.51
6.31
4.33
5.80
3.95
2J
60.93
22.19
81.46
8.48
81.32
99.01
61.47
98.14
37.72
77.59
14.88
91.42
0.05
62,44
0.02
69.63
0.01
38.06
34.95
26
38.97
64.50
96.27
86.48
60.60
35.06
0.12
0.09
0.01
0.01
27
3.02
7.54
98.94
97.77
96.5J
91.66
83.23
68.62
46.62
30.40
28
99.17
84.80
6.81
97.62
75.08
11.09
0.18
0.20
95.05
0.13
0.19
95.61
0.02
0.01
92.69
88.64
82.72
74.69
15.52
10.42
31
76.96
99.82
20.20
53.91
99.57
23.63
0.07
94.42
97.78
0.11
90.07
95.30
0.05
79.57
0.10
76.09
0.01
29.74
0.01
21.60
0.03
0.02
34
95.83
95.50
49.72
38.84
2.62
1.61
0.15
0.06
0.06
0.02
35
5.72
10.76
99.48
99.30
94.00
89.05
3.83
2.24
0.09
0.04
36
88.47
83.56
70.26
66.68
0.21
13.45
0.18
7.46
0.10
0.55
0.04
0.12
0.04
0.16
0.02
0.03
0.06 0.01
38
56.22
18.66
71.10
29.83
97.74
98.67
93.25
96.91
43.62
81.20
28.25
69.78
0.09
19.52
0.07
14.71
0.02
2.91
2.54
40
99.82
13.17
99.43
20.95
0.12
99.02
0.15
96.91
0.08
86.71
0.12
78.70
26.79
24.57
1.43
0.92
42
6.82
21.51
98.97
97.51
92.97
78.23
57.45
28.58
20.78
6.03
43
99.68
99.81
19.60
98.54
99.17
26.65
0.01
5.23
98.61
0.04
5.04
95.58
0.07
80.31
0.04
73.23
0.01
37.77
21.97
15.17
6.29
46
98.99
89.73
11.06
98.76
92.07
16.30
6.11
80.31
91.21
7.70
59.81
93.62
0.33
8.87
88.67
0.28
4.52
82.13
0.02
0.01
66.94
0.01
0.01
56.22
22.57 14.16
49
32
FARMS, HOMES, AND MORTGAGES.
Table 13.— 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.
STATES AND TERRITORIES.
Average
for 10
years.
1880
1881
1883
1883
1884
1885
1886
1887
1888
1889
6.90
7.14
6.94
6.86
6.91
6.93
' 6.95
6.91
6.93
6.84
6.75
Alabam
8.30
10.54
9.11
8.90
9.22
5.69
5.75
6.01
9.66
8.27
11.82
6.78
6.88
7.74
8.83
6.24
7.73
6.15
5.88
5.51
7.20
7.80
9.62
7.80
11.65
8.38
10.66
5.98
5.75
8.89
5.53
7.77
9.43
6.55
9.63
5.67
5.76
8.21
9.78
6.00
9.74
10.44
5.96
6.04
9.82
6.06
6.93
10.12
9.16
12.42
8.80
10.42
11.05
5.91
5.94
6.69
9.72
8.70
11.78
7.39
7.13
8.29
9.47
6.30
7.65
6.27
5.97
6.06
7.62
8.62
9.67
8.39
16.51
8.82
14.82
5.99
5.98
7.22
5.89
7.85
9.54
6.78
10.71
5.87
6.22
7.50
10.31
6.01
10.18
13.46
5.81
6.04
13.75
6.08
7.57
14.22
8.94
10.15
9.07
9.54
10.93
5.77
5.71
6.24
9.74
8.72
14.45
6.96
6.86
7.94
9.20
6.25
7.68
6.11
5.86
5.80
7.29
8.29
9.71
8.11
14.57
8.83
11.33
5.97
5.93
13.17
5.79
7.80
9.60
6.51
9.85
5.77
5.74
7.55
10.42
6.01
9.91
11.79
5.99
6.04
12.71
6.04
7.14
13.49
8.95
10.19
9.20
8.82
10.57
5.76
5.75
6.18
9.29
8.68
13.09
6.77
6.84
7.80
8.98
6.16
7.76
6.13
5.93
5.63
7.16
7.97
9.69
7.97
12.02
8.42
10.38
5.99
5.86
9.60
5.68
7.78
9.32
6.40
9.57
5.72
5.77
7.74
10.01
5.99
9.61
10.86
5.99
6.02
12.03
6.02
6.91
12.59
8.96
10.33
9.15
8.45
9.98
5.74
5.78
6.09
8.84
7.97
14.60
6.84
6.87
7.73
8.97
6.22
7.82
6.16
5.91
5.63
7.15
7.98
9.73
7.96
11.21
8.41
10.26
5.98
5.86
9.04
5.64
7.77
9.53
6.46
9.52
5.70
5.85
8.25
10.42
6.02
9.48
10.96
5.99
6.05
11.25
6.05
6.98
11.34
8.64
9.77
9.29
8.58
8.53
5,77
5.82
6.14
9.72
8.58
11.46
6.92
6.97
7.71
8,89
6.23
7.86
6.18
5.89
5.56
7.22
7.97
9.64
8.01
13.32
8.38
11.63
5.98
5.84
9.83
5.58
7.88
9.61
6.56
9.62
5.76
5.82
8.41
10.25
6.00
9.88
11,06
5.98
6.08
12.41
6.06
6.95
7.86
9.07
11.29
9.15
8.95
9.99
5.71
5.82
6.04
10.19
8.45
13.63
6.87
7.03
7.83
8,86
6.25
7.71
6.16
5.88
5.48
7.24
7.86
9.72
8.02
13.17
8.64
10.74
5.99
5.77
10.08
5.53
7.81
9.39
6.67
9.69
5.70
5.69
8,52
10.18
6.00
10.11
11.08
5.97
6.05
11.79
6.03
6.93
10.31
8.72
10.23
9.19
8.84
9.77
5.55
5.69
5.94
10.09
8.31
11.86
6.69
6.94
7.68
8.86
6.28
7.80
6.11
5.85
5.29
7,10
7.72
9.64
7.81
10.98
8.50
8.64
5.97
5.67
10.36
5.41
7.65
9.49
6.63
9.64
5.62
5.60
8.48
9.93
6.00
10.09
10.99
5.99
6.01
10.81
6.07
6.83
10.10
7.68
9.17
9.08
8.78
9.02
5.62
5.69
5.91
9.74
7.97
11.25
6.67
6.81
7.59
8.71
6.26
7.76
6.13
5.83
5.37
7.08
7.70
9.57
7.71
10.40
8.34
8.32
5.96
5.67
10.08
5.41
7.75
9.32
6.46
9.38
5.64
5.68
8.40
9.73
5.99
9.98
10.22
6.00
6.06
9.28
6.06
6.79
10.99
7.97
13.63
9.14
8.93
9.04
5.62
5.72
5.91
9.60
8.15
10.79
6.68
6.84
7.62
8.80
6.25
7.57
6.13
5.88
5.47
7.12
7.64
9.50
7.61
10.49
8.28
10.34
5.98
5.66
8.04
5.44
7.77
9.44
6.51
9.52
5.44
5.71
8.37
9.46
6.00
9.63
10.20
5.99
6.04
9.60
6.08
6.79
10.36
8.08
.
12.15
8.98
lif j
8.74
do
8.22
5.54
5.64
5.85
Fl rida
9.39
Geor.
8.01
Id h°
10.44
6.53
6.67
7.48
„
8.48
Ken tuck
6.20
7.74
6.18
5.84
5.35
7.04
7.45
9.45
7.33
10.98
8.04
10.73
5.98
5.61
8.22
5.34
7.71
9.21
6.57
9.42
5.65
5.69
8.35
8.96
6.00
9.27
9.41
5.93
6.02
8.73
6.06
6.78
9.92
MORTGAGES— SUMMARY FOR THE UNITED STATES.
33
Table 14.
-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.
«D TERRITORIES.
The United States..
California
Colorado
Connecticut
Delaware
District of Columbia..
Florida
Georgia
Idaho
Illinois
Kansas
Kentucky.
Maine
Maryland
Massachusetts-
Michigan
Minnesota...
Mi:
ippi .
Missouri
Montana
Nebraska
Nevada
New Hampshire. .
New Jersey
New Mexico
New York
North Carolina ...
North Dakota
Ohio
Oregon
Pennsylvania
Rhode Island
South Carolina ....
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington..
West Virginia
Wisconsin
Wyoming
Average
for 10
years.
9.45
8.94
8.63
10.98
9.39
5.90
5.97
6.95
9.80
8.72
10.48
7.55
7.11
8.20
5.99
6.12
7.61
8.74
9.70
8.88
16.62
8.70
13.78
6.00
5.97
7.07
5.97
7.85
9.38
6.70
10.84
5.87
6.19
7.53
9.79
6.00
10.19
15.20
5.77
6.02
13.36
6.06
7.67
13.79
9.06
8.02
10.21
5.85
5.74
6.78
10.07
8.77
13.88
7.14
6.85
7.84
9.10
6.U
5.94
5.96
7.28
8.50
9.73
8.56
14.11
8.74
10.24
5.98
5.94
12.56
5.90
7.79
9.61
6.45
9.93
5.77
6.01
7.61
10.24
6.00
9.94
13.58
5.99
6.01
12.28
6.01
7.23
11.41
9.00
8.52
9.14
9.17
9.95
5.80
5.75
6.32
9.20
7.70
8.88
6.17
8.01
6.18
5.92
5.85
7.16
8.20
9.72
8.57
10.64
8.32
9.85
6.00
5.87
8.27
5.83
7.76
9.13
6.33
9.67
5.72
5.75
7.79
9.78
6.00
9.53
11.65
5.99
6.01
12.17
6.01
6.95
12.22
5.93
8.62
8.12
14.75
6.98
6.26
8.01
6.24
5.93
5.73
7.12
8.26
9.76
8.41
10.12
8.31
9.50
5.79
7.78
9.37
6.42
9.46
5.70
5.95
8.46
10.33
6.04
9.35
10.61
6.00
6.04
11.09
6.03
7.00
10.15
7.73
8.76
7.84
9.29
9.00
7.54
5.80
5.77
5.64
9.67
8.57
10.78
7.09
7.00
7.59
8.71
6.28
8.05
6.28
5.91
5.75
7.20
8.19
9.76
8.53
12.55
8.24
11.32
5.99
5.85
8.88
5.79
7.87
9.52
6.57
9.52
5.76
5.91
8.62
10.22
6.00
9.76
10.02
5.98
6.03
12.22
6.05
6.99
9.00
9.11
9.35
9.19
5.77
5.77
5.75
10.19
8.49
13.70
7.16
7.11
7.72
6.24
5.91
7.27
8.08
9.75
8.62
12.35
8.64
10.22
5.99
5.78
9.74
5.79
7.80
9.26
6.73
9.72
5.70
5.78
8.75
10.11
5.99
10.02
10.76
5.97
6.01
11.67
6.02
6.96
8.55
9.11
8.65
9.19
9.01
9.81
5.61
5.68
5.84
10.36
8.26
11.50
7.00
7.02
7.57
8.72
6.42
7.97
6.19
5.93
5.52
7.10
8.00
9.69
8.31
10.12
8.61
8.44
5.99
5.75
10.18
5.73
7.60
9.44
6.69
9.63
5.62
5.77
8.68
9.83
6.00
10.02
10.95
5.99
6.00
10.67
6.04
6.86
10.07
7.6
7.46
7.85
9.17
8.71
9.08
5.67
5.82
5.69
9.77
7.81
10.67
0.91
6.88
7.47
8.58
6.39
8.01
6.22
5.85
5.57
5.74
7.74
9.29
6.57
9.33
5.64
5.49
8.61
9.72
5.99
9.85
10.13
6.00
6.01
8.91
6.02
7.97
12.35
9.16
5.74
5.77
9.77
8.13
10.58
6.86
6.91
7.1
7.85
7.93
9.64
9.58
8.06
8.20
9.43
9.63
8.50
8.43
7.87
10.04
5.98
5.98
5.76
5.65
9.41
6.47
9.44
5.41
5.78
8.63
9.53
6.00
9.47
10.45
8.34
11.35
9.03
9.03
8.53
5.72
6.67
7.41
6.24
5.90
5.60
7.90
5.71
7.75
9.28
6.59
9.28
5.65
5.77
8.56
9.04
5.99
9.13
9.59
5.92
6.75
9.54
34
Table 15.
FARMS, HOMES, AND MORTGAGES.
-PERCENTAGES SHOWING THE AVERAGE ANNUAL RATES OF INTEREST BORNE BY THE MORTGAGES ON
LOTS MADE DURING THE 10 YEARS 1880-1889, BY STATES AND TERRITORIES AND YEARS.
STATES AND TERRITORIES.
Average
for
10 years.
1880
1881
1883
1883
1884
188S
1886
1887
1888
1889
6.43
6.69
6.47
6.39
6.43
6.44
6.39
6.35
6.50
6.43
6.37
7.97
17.32
9.11
8.61
9.41
5.67
5.74
6.02
9.70
8.25
13.61
6.61
6.82
8.04
9.14
6.15
7.39
6.11
5.86
5.48
7.19
7.59
9.32
7.35
13.03
8.27
13.62
5.98
5.74
11.80
5.49
7.78
9.74
6.55
9.66
5.66
5.75
7.82
9.81
6.00
10.03
10.31
5.98
6.08
10.02
6.12
6.86
11.37
8.17
22.21
9.40
9.63
12.71
5.91
5.93
6.68
9.61
8.66
16.82
7.18
7.18
8.60
10.01
6.20
7.31
6.30
5.96
6.06
7.64
8.35
9.48
7.77
16.36
9.33
16.38
5.97
5.98
13.43
5.88
7.86
10.55
6.88
10.43
5.87
6.23
7.41
11.83
6.02
10.14
12.03
6.00
6.06
14.25
6.13
7.31
14.30
8.19
21.30
9.20
9.03
11.39
5.75
5.70
6.23
9.27
8.64
15,91
6.76
6.87
8.34
9.67
6.15
7.28
6.11
5.80
5.77
7.32
7.96
9.58
7.54
15.32
9.16
14.95
5.97
5.92
13.50
5.77
7.86
9.55
6.59
9.64
5.77
5.71
7.41
11.16
6.02
9.83
11.04
6.00
6.08
13.81
6.11
6.98
13.95
8.49
20.14
9.38
8.26
10.98
5.76
5.75
6.17
9.44
8,68
14.98
6.59
6.86
8.19
9.40
6.13
7.32
6.10
5.93
5.59
7.14
7.76
9.55
7.31
14.88
8.86
15.15
5.99
5.86
12.76
5.66
7.87
9.91
6.49
9.38
5.72
5.77
7.62
10.83
5.99
9.97
10.62
5.99
6.04
11.75
6.07
6.80
12.72
8.31
17.89
9.20
8.03
11.08
5.73
5.77
6.09
9.55
7.83
14.17
6.70
6.86
8.18
9.53
6.16
7.43
6,09
5.89
5.61
7.20
7.78
9.57
7.37
13.48
8.87
12.97
5.99
5.86
12.36
5.61
7.73
10.00
6.50
9.62
5.70
5.83
7.76
10.79
6.00
9.99
11.13
5.97
6.06
11.57
6.10
6.92
12.52
8.21
17.10
9.28
7.92
10.59
5.77
5.84
6.16
9.81
8.59
14.86
6,77
6.92
8.14
9.64
6.17
7.58
6.10
5.88
5.54
7.26
7.82
9.10
7.48
14.41
8.99
12.89
5.98
5.84
11.78
5.55
7.91
9.96
6.55
9.79
5.76
5.78
7.92
10.40
6.00
10.30
11.56
5.99
6.14
12.68
6.09
6.88
12.24
8.13
17.56
9.26
8.36
10.90
5.70
5.85
6.05
10.18
8.40
13.48
6.65
6.89
8.19
9.63
6.19
7.45
6.10
5.86
5.44
7.20
7.69
9.55
7.43
14.02
8.63
12.43
5.99
5.76
10.99
5.49
7.84
9.98
6.60
9.64
5.70
5.69
7,97
10.49
6.00
10.39
11.28
5.95
6.09
11.96
6.06
6.88
12.11
8.04
18.25
9.19
8.58
9.74
5.54
5.69
5.94
9.78
8.40
13.80
6.50
6.79
8.01
9.26
6.14
7.56
6.05
5.80
5.26
7.10
7.57
9.40
7.42
13.08
8.28
11.88
5.95
5.65
11.11
5.37
7.80
9.73
6.56
9.68
5.62
5.58
8.04
10.41
6.00
10.29
11.01
5.99
6.01
11.09
6.13
6.77
10.11
7.89
15,13
8.96
8.89
8.99
5.60
5.64
5.93
9.70
8.20
13.17
6.53
6.69
7.88
8.94
6.14
7.46
6,07
5.81
5.34
7.07
7.63
9.25
7.50
12.33
8.15
11.11
5.94
5.65
11.33
5.37
7.78
9.45
6.38
9.15
5.64
5.72
7.94
9.75
5.99
10.31
10.26
6.00
6.11
9.92
6.13
6.77
10.97
7,98
15.43
9.09
8.88
8.90
5.61
5.71
5.91
9.42
8.17
12.18
6.60
6.73
7.91
9.05
6.15
7.24
6.11
5.88
5.43
7.13
7.50
9.18
7.26
12.05
8.08
11.40
5.99
5,66
10.95
5.41
7 70
9.57
6.54
9.63
5.44
5.69
7.86
9.27
6.00
10.00
10.11
5.99
6.07
9.70
6.17
6.80
10.79
7.75
.
13.19
A
8.89
.
8.45
"
8.09
5.51
°"
5.60
. lumbia
5.85
'S °
9.71
7.93
8
11.38
■
6.46
6.66
7.65
8.65
6.09
• '
7.29
Main
6.14
(1
5.81
5.31
Michi
7.05
7.21
. . .
9.10
,. PP
6.96
11.19
7.86
N
10.42
II i , hir
5.99
I
5.60
11.17
5.31
N th Carolina
7.65
X tl Dakota
8.84
6.56
9.64
5.65
5.68
7.90
8.79
Tennessee
6.00
Texas
9.56
9.36
5.96
6.09
9.27
6.19
6.81
10.38
MORTGAGES -SUMMARY FOR THE UNITED STATES.
35
Table 16.— 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 INDEBTEDNESS.
For
number.
For
amount.
100.00
100.00
51.67
20.96
56.66
4.50
5.09
Farm machines, domestic animals, and other personal property...
1.95
0.70
Purchase money, improvements, business, and personal property
(combined with one another).
1.73
2.19
Purchase money, improvements, business, and personal property
(combined with objects other than farm and family expenses).
0.45
0.63
Purchase money, improvements, business, and personal property)
(combined with farm and family expenses).
2.06
1.32
2.27
1.95
Total for purchase money and improvements (not combined
with other objects).
80.13
82.56
Total for purchase money, improvements, business, and personal
property (not combined with other objects).
89.82
94.37
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