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BOSTON   PUBLIC   LIBRARY 


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DEPOSITORY 


Vol.  Ill — pt.  5 


FARM-MORTGAGE  DEBT 
A  Cooperative  Report 


in* 

$         / — VjTI  - 


SPECIAL  REPORTS 


1954 

Census 
of 

Agriculture 


U.  S.  DEPARTMENT  OF  COMMERCE  .    BUREAU  OF  THE  CENSUS    •    WASHINGTON   •    19S7 


'US'    Brftik.  ff/t  (W*j, 

'nited  States 


U.  S.  Department  of  Agriculture 

Ezra  Taft  Benson,  Secretary 
Agricultural  Research  Service 

Byron  T.  Shaw,  Administrator 

U.  S.  Department  of  Commerce 

Sinclair  Weeks,  Secretary 
Bureau  of  the  Census 

Robert  W.  Burgess,  Director 


Cen 


sus 


Agriculture 


Volume  HI 
SPECIAL    REPORTS 

Part  5 

Farm-Mortgage  Debt  (a  Cooperative  Report) 


Prepared  under  the  supervision  of 

RAY  HURLEY 

Chief,  Agriculture  Division 


NUMBER  OF  MORTGAGED  FARMS   •    AMOUNT  OF  DEBT 
PRINCIPAL  LENDING  AGENCIES 


BUREAU  OF  THE  CENSUS 
Robert  W.  Burgess,  Director 

AGRICULTURE  DIVISION 
Ray  Hurley,  Chief 
Warder  R.  Jenkins,  Assistant  Chief 


AGRICULTURAL  RESEARCH  SERVICE 
Byron  T.  Shaw,  Administrator 

FARM  AND  LAND  MANAGEMENT  RESEARCH 
Sherman  E.  Johnson,  Director 

PRODUCTION   ECONOMICS   RESEARCH    RRANCH 
Carl  P.  Heisic,  Chief 


Boston  Public  Library 
Superintemfetu  of  Documents 

JUL  1  7  1957 


fr\i\l.3\10\ 


V-3 


SUGGESTED  IDENTIFICATION 

U.  S.  Bureau  of  the  Census.     V.  S.  Census  of  Agriculture:  1954.     Vol.  Ill,  Special  Reports, 

Part  5,  Farm-Mortgage  Debt. 

U.  S.  Government  Printing  Office,  Washington  25,  D.  C,  1956. 


For  sale  by  the  Superintendent  of  Documents,  U.  S.  Government  Printing  Office,  Washington 
25,  D.  C,  or  any  of  the  Field  Offices  of  the  Department  of  Commerce,  Price  55  cents  (paper  cover) 


PREFACE 


Volume  III,  Special  Reports,  comprises  one  of  the  volumes  presenting  final  summaries 
and  results  for  the  1954  Census  of  Agriculture.  Part  5,  Farm-Mortgage  Debt,  presents 
data  on  farin-mortgage  indebtedness  as  of  January  1,  1956,  with  comparative  data  for 
Census  years,  mostly  from  1930  and  later.  The  data  include"the  amount  of  mortgage  indebt- 
edness, the  debt  held  by  principal  lending  agencies  and  interest  charges,  with  some  related 
information  on  number  of  farms,  land  in  farms,  and  value  of  farms.  Data  are  presented 
for  the  United  States,  for  geographic  divisions,  and  for  States.  The  data  are  estimates 
based  on  a  special  mail  survey  of  owners  of  farm  lands  as  reported  in  the  1954  Census  of 
Agriculture,  supplemented  by  data  on  mortgage  status  of  owner-operators  as  reported  in 
that  Census  and  by  mortgage  debt  information  collected  and  compiled  by  the  Agricultural 
Research  Service  of  the  United  States  Department  of  Agriculture. 

This  report  was  prepared  cooperatively  by  the  Bureau  of  the  Census,  United  States 
Department  of  Commerce,  and  the  Agricultural  Research  Service,  United  States  Depart- 
ment of  Agriculture.  It  continues  a  series  of  cooperative  reports  covering  farm-mortgage 
indebtedness  which  have  been  issued  in  conjunction  with  the  more  recent  Censuses  of 
Agriculture. 

Plans  for  this  cooperative  report  were  made  by  Ray  Hurley,  Chief  of  the  Agriculture 
Division,  Bureau  of  the  Census,  and  Norman  J.  Wall,  Head,  Agricultural  Finance  Section, 
Production  Economics  Research  Branch,  Agricultural  Research  Service.  Principal  respon- 
sibility for  the  project  was  carried  by  Harold  N.  Cox,  Clive  E.  Johnson,  Orville  M.  Slye, 
Haven  D.  Umstott,  and  Clinton  F.  Wells,  Jr.,  of  the  Agriculture  Division  of  the  Bureau  of 
the  Census,  and  Russell  W.  Bierman  and  James  A.  Munger  of  the  Agricultural  Research 
Service.  Earl  E.  Houseman  of  the  Agricultural  Marketing  Service  assisted  in  outlining 
the  sampling  procedure. 

December  1956 


UNITED  STATES  CENSUS  OF  AGRICULTURE:  1954 
REPORTS 

Volume  I. — Counties  and  State  Economic  Areas.  Statistics  for  counties  include  number  of  farms,  acreage,  value,  and  farm  opera- 
tors ;  farms  by  color  and  tenure  of  operator ;  facilities  and  equipment ;  use  of  commercial  fertilizer :  farm  labor ;  farm  expenditures ; 
livestock  and  livestock  products;  specified  crops  harvested;  farms  classified  by  type  of  farm  and  by  economic  class;  and  value  of 
products  sold  by  source. 

Data  for  State  economic  areas  include  farms  and  farm  characteristics  by  tenure  of  operator,  by  type  of  farm,  and  by  economic  class. 

Volume  I  is  published  in  33  parts  a3  follows : 


Part 

State  or  States 

Part 

State  or  States 

Part 

State  or  States 

1 

New  England  States: 

West  North  Central: 

East  South  Central— Continued 

Maine. 

8 

Minnesota. 

21 

Alabama. 

New  Hampshire. 

9 

Iowa. 

22 

Mississippi. 
West  South  Central: 

Vermont. 

10 

Missouri. 

Massachusetts. 

11 

North    Dakota    and    South 

23 

Arkansas. 

Rhode  Island. 

Dakota. 

24 

Louisiana. 

Connecticut. 

12 

Nebraska. 

25 

Oklahoma. 

2 

Middle  Atlantic  States: 

13 

Kansas. 

26 

Texas. 

New  York. 

South  Atlantic: 

Mountain: 

New  Jersey. 

14 

Delaware  and  Marvland. 

27 

Montana. 

Pennsylvania. 

15 

Virginia  and  West  Virginia. 

28 

Idaho. 

16 

North    Carolina   and    South 

29 

Wyoming  and  Colorado. 

Ohio. 
Indiana. 

Carolina. 

30 

New  Mexico  and  Arizona. 

4 

17 

18 

Georgia. 
Florida. 

31 

Utah  and  Nevada. 
Pacific: 

5 

Illinois. 

East  South  Central: 

32 

Washington  and  Oregon. 

6 

Michigan. 

19 

Kentucky. 

33 

California. 

7 

Wisconsin. 

20 

Tennessee. 

Volume  II. — General  Report.    Statistics  by  Subjects,  United  States  Census  of  Agriculture,  1954.    Summary  data  and  analyses  of 
the  data  for  States,  for  Geographic  Divisions,  and  for  the  United  States  by  subjects  as  illustrated  by  the  chapter  titles  listed  below: 


Chapter 

Title 

Chapter 

Title 

I 

Farms  and  Land  in  Farms. 

VII 

Field  Crops  and  Vegetables. 

II 

Age,  Residence,  Years  on  Farm,  Work  Off  Farm. 

VIII 

Fruits    and    Nuts,    Horticultural    Specialties,     Forest 

III 

Farm  Facilities,  Farm  Equipment. 

Products. 

IV 

Farm  Labor,  Use  of  Fertilizer,  Farm  Expenditures,  and 

IX 

Value  of  Farm  Products. 

Cash  Rent. 

X 

Color,  Race,  and  Tenure  of  Farm  Operator. 

V 

Size  of  Farm. 

XI 

Economic  Class  of  Farm. 

VI 

Livestock  and  Livestock  Products. 

XII 

Type  of  Farm. 

Volume  III. — Special  Reports 
Part  1. — Multiple-unit  Operations.  This  report  will  be  similar  to 
Part  2  of  Volume  V  of  the  reports  for  the  1950  Census  of 
Agriculture.  It  will  present  statistics  for- approximately  900 
counties  and  State  economic  areas  in  12  Southern  States  and 
Missouri  for  the  number  and  characteristics  of  multiple-unit 
operations  and  farms  in  multiple  units. 

Part  2. — Ranking  Agricultural  Counties.  This  special  report  will 
present  statistics  for  selected  items  of  inventory  and  agricul- 
tural production  for  the  leading  counties  in  the  United  States. 

Part  3.— Alaska,  Hawaii,  Puerto  Rico,  District  of  Columbia,  and 
V.  S.  Possessions.  These  areas  were  not  included  in  the  1954 
Census  of  Agriculture.  The  available  current  data  from  vari- 
ous Government  sources  will  be  compiled  and  published  in 
this  report. 

Part  4^ — Agriculture,  1954,  a  Graphic  Summary.  This  report  will 
present  graphically  some  of  the  significant  facts  regarding 
agriculture  and  agricultural  production  as  revealed  by  the  1954 
Census  of  Agriculture. 

Part  5. — Farm-mortgage  Debt.  This  will  be  a  cooperative  study 
by  the  Agricultural  Research  Service  of  the  U.  S.  Department 
of  Agriculture  and  the  Bureau  of  the  Census.  It  will  present, 
by  States,  data  based  on  the  1954  Census  of  Agriculture  and  a 
special  mail  survey  to  be  conducted  in  January  1956,  on  the 
number  of  mortgaged  farms,  the  amount  of  mortgage  debt,  and 
the  amount  of  debt  held  by  principal  lending  agencies, 


Part  6. — Irrigation  In  Humid  Areas.  This  cooperative  report  by 
the  Agricultural  Research  Service  of  the  U.  S.  Department  of 
Agriculture  and  the  Bureau  of  the  Census  will  present  data  ob- 
tained by  a  mail  survey  of  operators  of  irrigated  farms  in  28 
States  on  the  source  of  water,  method  of  applying  water,  num- 
ber of  pumps  used,  acres  of  crops  irrigated  in  1954  and  1955, 
the  number  of  times  each  crop  was  irrigated,  and  the  cost  of 
irrigation  equipment  and  the  irrigation  system. 

Part  7. — Popular  Report  of  the  18S4  Census  of  Agriculture.  This 
report  is  planned  to  be  a  general,  easy-to-read  publication  for 
the  general  public  on  the  status  and  broad  characteristics  of 
United  States  agriculture.  It  will  seek  to  delineate  such  as- 
pects of  agriculture  as  the  geographic  distribution  and  dif- 
ferences by  size  of  farm  for  such  items  as  farm  acreage, 
principal  crops,  and  important  kinds  of  livestock,  farm  facili- 
ties, farm  equipment,  use  of  fertilizer,  soil  conservation  prac- 
tices, farm  tenure,  and  farm  Income. 

Part  8. — Size  of  Operation  by  Type  of  Para.  This  will  be  a  coop- 
erative special  report  to  be  prepared  in  cooperation  with  the 
Agricultural  Research  Service  of  the  U.  S.  Department  of  Agri- 
culture. This  report  will  contain  data  for  119  economic  sub- 
regions,  (essentially  general  type-of -farming  areas)  showing  the 
general  characteristics  for  each  type  of  farm  by  economic  class. 
It  will  provide  data  for  a  current  analysis  of  the  differences 
that  exist  among  groups  of  farms  of  the  same  type.  It  will 
furnish  statistical  basis  for  a  realistic  examination  of  produc- 
tion of  such  commodities  as  wheat,  cotton,  and  dairy  products 
in  connection  with  actual  or  proposed;  governmental  policies 
and  programs, 


CONTENTS 


Introduction 

Sources  of  data 

Basic  information  from  the  Censuses  of  Agriculture 

The  questionnaire  for  the  1956  Survey  of  Farm-Mortgage 

Debt -.- 

The  sample  used  for  the  survey  on  farm-mortgage  debt 

Mailing  of  questionnaires 

Processing  the  questionnaires 

Preparing  estimates 

Adjustment  of  estimates 

Estimates  for  1956 

DEFINITIONS  AND  EXPLANATIONS 

A  farm 

Land  in  farms 

Value  of  land  and  buildings 

Farm  owner 

Farm  operator 

Owner-operated  farms 

Tenant-   and    manager-operated   farms,    including   rented 
portion  of  part-owner  farms 


Page 
1 
1 
2 


DEFINITIONS  AND  EXPLANATIONS— Con. 


Number  of  farms  by  mortgage  status. 

Farm-mortgage  debt. 

Age  of  operator 

Economic  class  of  farm 

Part-time  farms 

Residential  farms 

Abnormal  farms 

Farms  by  type 


FARM-MORTGAGE  DEBT 


Amount  of  farm-mortgage  debt 

X  umber  of  owner-operated  mortgaged  farms . 

Acreage  in  mortgaged  farms 

Value  of  mortgaged  farms 

I  nterest  charges  and  rates 

Debt  held  by  principal  lenders 

Ratio  of  debt  to  value 

Mortgage  debt  by  age  of  operator  ....__... 

Mortgage  debt  by  economic  class  of  farm 

Mortgage  debt  by  type  of  farm 


TABLES 


Table 

A. — Farm-mortgage  debt  survey,  1956:  Sampling  rates  with  number  of  farms  drawn  for  inclusion  in  survey  and  number  of  land- 
owners, by  tenure  of  operator  and  economic  class  of  farm 

B. — Farm-mortgage  debt  survey,  1956 :  Adjusted  expansion  factors 

C. — Percentage  distribution  of  mortgaged  full-owner  farms,  by  rate  of  interest,  for  the  United  States:  1956,  1951,  1940,  and  1920. 
D. — Number  of  full-owner  and  part-owner  farms  and  proportion  mortgaged,  by  economic  class  of  farm,  for  the  United  States:  1956. . 
E. — Number  of  full-owner  commercial  farms  with  proportion  mortgaged  by  type  of  farm  for  the  United  States  and  regions:  1956.. 
1. — Number,  acreage,  and  value  of  farms  and  amount  of  mortgage  debt,  by  tenure  of  operator  and  by  mortgage  status,  for  the 

United  States:  1930-56 

2. — Number,  acreage,  and  value  of  farms  operated  by  full  owners,  by  mortgage  status,  by  divisions  and  States:  1940-56 

3. — Number,  acreage,  and  value  of  owned  portion  of  farms  operated  by  part  owners,  by  mortgage  status,  by  divisions  and 

States:  1940-56 

4. — Acreage,  value,  and  amount  of  mortgage  debt  for  rented  and  managed  land,  by  mortgage  status,  by  divisions  and  States:  1940- 

56 

5. — Acreage,  value,  and  amount  of  mortgage  debt  for  all  farms,  by  mortgage  status,  by  divisions  and  States:  1940-56 

6. — Interest  charges  on  mortgage  debt,  by  tenure  of  operator,  for  the  United  States:  1930-56 

7. — Interest  charges  on  mortgage  debt,  by  tenure  of  operator,  by  divisions  and  States:  1956  and  1950 

8. — Amount  of  farm-mortgage  debt  held  by  principal  lenders;  for  the  United  States:  1910  to  1956 

9. — Average  rate  of  interest  (percent)  on  farm-mortgage  debt  held  by  principal  lenders,  by  geographic  divisions:  January  1,  1956.  . 
10. — Farm-mortgage  debt — Total  outstanding  and  loans  held  by  principal  lenders,  by  divisions  and  States:  January  1,  1956  and 

1950 

11.- — Mortgaged  farms  operated  by  full  owners,  classified  by  rate  of  interest,  by  divisions  and  States :  1956 

12. — Mortgaged  farms  operated  by  part  owners,  classified  by  rate  of  interest,  by  divisions  and  States:  1956 

13. — Number,  acreage,  and  value  of  mortgaged  farms  operated  by  full  owners  and  part  owners,  classified  by  ratio  of  debt  to  value, 

by  geographic  divisions :  1956 

14. — Farms  operated  by  full  owners  and  by  part  owners,  by  age  of  operator,  with  proportion  mortgaged,  by  geographic  divisions: 

1956,  1940,  and  1930 — - 

15. — Number,  acreage,  value,  and  amount  of  mortgage  debt  for  mortgaged  farms  operated  by  full  owners,  by  age  of  operator,  by 

geographic  divisions :   1956 

16. — Number,  acreage,  value,  and  amount  of  mortgage  debt  for  mortgaged  farms  operated  by  part  owners,  by  age  of  operator,  by 

geographic  divisions :  1956. - 

17. — Number,  acreage,  value,  and  amount  of  mortgage  debt,  for  mortgaged  farms  operated  by  full  owners,  by  economic  class  of 

farm,  by  geographic  divisions:  1956 

18. — Number,  acreage,  value,  and  amount  of  mortgage  debt,  for  mortgaged  farms  operated  by  part  owners,  by  economic  class  of 

farm,  by  geographic  divisions:  1956 

19. — Number,  acreage,  value,  and  amount  of  mortgage  debt,  for  mortgaged  farms  operated  by  full  owners,  classified  by  type  of  farm, 
by  geographic  divisions:   1956   _  .  .    


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Page 
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81 


FARM-MORTGAGE  DEBT 


Introduction. — This  special  report  presents  statistics  on  the 
amount  of  farm-mortgage  indebtedness  as  of  January  1,  1956,  for 
the  United  States  and  for  the  various  States.  The  data  are  pre- 
sented for  owner-operated  land  and  for  a  combination  of  rented 
and  manager-operated  lands.  Related  information,  when  avail- 
able, is  given  for  the  number  of  farms,  land  in  farms,  farmland 
values,  age  of  operator,  and  economic  class  of  farm  by  mortgage 
status;  amount  of  farm  real  estate  loans  held  by  the  principal 
lenders;  and  interest  charges  and  rates  paid  on  farm-mortgage  in- 
debtedness. Some  comparative  data  are  presented  for  several 
earlier  years.  For  example,  the  total  amount  of  farm-mortgage 
indebtedness  and  the  amounts  held  by  the  principal  lenders  are 
shown  for  all  Census  years,  beginning  with  1910  and  continuing 
through  1950.  Additional  data  are  presented  for  1930,  1940,  1945, 
and  1950.  However,  most  of  the  comparative  statistics  presented 
herein  are  for  1950  and  1956. 

Among  the  subjects  with  a  long  history  in  Census  taking  is  the 
one  relating  to  farm  mortgages.  Beginning  with  1890,  and  con- 
tinuing without  a  break  in  the  series,  the  Census  Bureau  has 
furnished  a  varying  amount  of  basic  data  in  respect  to  the  indebt- 
edness for  which  farm  real  estate  had  been  p'edged  as  security. 

During  an  enumerator's  canvass  of  his  district  he  must  call  at 
each  farm-operator  household.  At  a  tenant-operator  household, 
the  enumerator  probably  would  not  be  able  to  learn  whether  the 
landlord  for  that  farm  had  a  mortgage  against  his  laud.  Even  if 
the  tenant  was  aware  of  the  existence  of  a  mortgage  on  his  land- 
lord's land,  he  would  be  even  less  likely  to  know  the  amount  of  the 
indebtedness.  Thus,  of  necessity,  most  of  the  mortgage  informa- 
tion which  has  been  obtained  by  a  personal  visit  to  farms,  in  a 
Census  enumeration,  has  related  to  the  land  of  owner-operators. 
But  the  need  for  farm-mortgage  statistics  has  been  for  the  total 
amount  of  indebtedness,  as  well  as  for  the  amount  owed  by 
operating  owners. 

For  the  last  several  Censuses,  the  total  farm-mortgage  indebted- 
ness and  the  mortgage  status  of  farm  lands  and  other  comple- 
mentary facts  have  been  based,  in  part,  on  supplementary  reports 
secured  from  the  owners  of  leased  lands  by  some  procedure  other 
than  by  direct  enumeration.  This  has  been  accomplished  through 
the  use  of  questionnaires  mailed  to  a  sample  of  owners  of  rented 
farm  lands.  To  improve  the  reliability  of  the  estimated  totals  and 
to  furnish  additional  information  in  regard  to  debt  of  owner- 
operators,  questionnaires  have  been  mailed  also  to  operating 
owners.  (See  "The  sample  used  for  the  survey  on  farm-mortgage 
debt"  for  a  more  complete  description  of  the  sampling  plan  and 
other  techniques  used  for  the  1956  and  1950  data.) 

The  United  States  Department  of  Agriculture,  for  many  years, 
has  had  the  responsibility  of  preparing  annual  estimates  of  the 
amount  of  farm-mortgage  indebtedness,  interest  rates,  and  other 
current  information  on  the  farm-mortgage  debt  situation.  These 
data  are  used  in  many  ways  and  are  of  general  interest  to  legisla- 
tors, students,  lenders,  and  borrowers.  Data  on  farm-mortgage 
indebtedness  are  used  in  preparing  the  annual  Balance  Sheet  of 
Agriculture,  a  United  States  Department  of  Agriculture  publica- 
tion which  summarizes  the  assets  and  liabilities  of  agriculture. 
The  Agricultural  Adjustment  Act  of  1938,  as  amended,  provides 
that  "interest  payments  per  acre  on  farm  indebtedness  secured  by 


real  estate"  shall  be  a  component  of  the  Parity  Index  used  by  the 
Department  of  Agriculture  in  computing  parity  prices  for  agricul- 
tural commodities.  Support  prices  for  agricultural  commodities 
are  based,  in  part,  on  parity  prices.  Because  the  periodic  Census 
data  are  used  as  benchmarks  to  improve  these  annual  series  of 
farm-mortgage  data,  the  United  States  Department  of  Agriculture 
has  cooperated  with  the  Census  Bureau  in  formulating  and  mailing 
the  supplementary  questionnaires  and  in  preparing  the  estimated 
totals  given  in  this  report. 

While  this  report  deals  only  with  indebtedness  chargeable  against 
farm  real  estate,  there  is  considerable  interest  in  other  types  of 
indebtedness,  much  of  which  is  a  liability  of  operating  farmers. 
Farmers  have  been  increasing  their  output  through  improved  tech- 
nology, mechanization,  and  the  greater  use  of  capital,  generally. 
Presently,  the  interest  in  all  phases  of  credit  available  to  and  used 
by  farmers  is  augmented  by  the  fact  that  prices  received  by  farm- 
ers, in  most  instances,  have  moved  downward  while  prices  paid 
by  farmers  for  goods  and  services  have  been  maintained  at  a  high 
level  or  have  increased.  Further,  these  price  changes  have  affected 
lending  operations  by  increasing  the  amount  of  credit  needed  by 
farmers  for  both  capital  outlays  and  production  expenses.  Another 
factor,  increasing  the  need  for  credit,  has  been  the  upward  trend 
in  the  per-acre  value  of  farmland.  One  of  the  reasons  for  the 
strong  demand  for  farmland  comes  from  farmers  wishing  to  en- 
large their  farm  holdings  in  order  to  lower  unit-production  costs. 
Thus,  the  amount  of  borrowings  by  farmers  has  increased  for  both 
long-term  and  short-term  needs. 

The  United  States  Department  of  Agriculture  has  prepared 
annual  estimates  of  nonreal  estate  debt  for  all  years  since  1940. 
That  organization  has  felt  keenly  the  need  of  benchmark  infor- 
mation in  this  field,  also.  A  cooperative  survey  of  farm-operator 
expenditures  was  made  for  the  year  1955.  This  survey,  of  an 
interview  type  for  sample  households  drawn  from  the  1954  Census 
of  Agriculture,  obtained  information  on  the  amount  of  loans  and 
credit  outstanding  January  1,  1956,  and  interest  rates  thereon,  for 
borrowings  other  than  those  secured  by  real  estate.  The  report  on 
this  survey,  Farmers'  Expenditures  in  1955,  Part  11  of  Volume  III 
of  the  1954  Census  of  Agriculture,  shows  interest  charges  for  non- 
real  estate  debt  incurred  by  farm  operators  for  farm  and  family 
living  expenditures.  Interest  and  financing  costs  of  installment 
purchases  are  included  in  total  expenditures  for  the  items  to 
which  they  apply,  and  are  excluded  from  interest  expenditures. 

Sources  of  data. — The  1956  farm-mortgage  estimates  presented 
in  this  report  were  prepared  jointly  by  the  Bureau  of  the  Census, 
United  States  Department  of  Commerce,  and  the  Agricultural 
Research  Service,  United  States  Department  of  Agriculture.  The 
basic  information  for  the  1956  estimates  was  obtained,  in  part, 
in  the  1954  Census  of  Agriculture  and,  in  part,  through  a  1956 
mail  survey  of  a  sample  of  owners  of  farmland.  Additional  sources 
for  these  mortgage  data  were  the  official  reports  of  the  principal 
lending  agencies — Federal  land  banks,  the  Farmers'  Home  Admin- 
istration, life  insurance  companies,  and  all  commercial  and 
savings  banks. 

For  earlier  years,  the  data  were  obtained  in  much  the  same 
manner  as  for  1956. 


FARM-MORTGAGE  DEBT 


For  each  Census  beginning  with  1930,  mortgage  information 
for  rented  and  manager-operated  land  has  been  obtained  through 
mail-survey  questionnaires.  In  1930,  the  mail  survey  was  under- 
taken by  the  Bureau  of  Agricultural  Economics  of  the  United 
States  Department  of  Agriculture.  In  1935,  1940,  and  1945,  the 
mail  survey  was  conducted  jointly  by  the  Bureau  of  the  Census 
and  the  Bureau  of  Agricultural  Economics.  In  1950  and  1956, 
the  mail  survey  was  made  by  the  Bureau  of  the  Census.  The 
Bureau  of  Agricultural  Economics  in  1950  and  the  Agricultural 
Research  Service  in  1956  cooperated  in  designing  the  question- 
naire and  in  preparing  the  estimates. 

The  mortgage  data,  for  all  Censuses,  presented  in  this  chapter 
represent  estimates  for  all  farm  real  estate  prepared  jointly  by 
the  two  agencies.  The  data  shown  for  earlier  years  in  this  report 
and  previous  cooperative  reports  will  not  agree  with  the  mortgage 
data  for  full  owners  and  part  owners  as  shown  in  the  Census 
reports  for  earlier  years.  These  earlier  Census  data,  shown  in 
the  Census  reports,  include  no  estimates  for  farms  for  which 
mortgage  information  waB  not  reported. 

Basic  information  from  the  Censuses  of  Agriculture. — The  1954 
Census  of  Agriculture  Questionnaire  carried  the  following  inquiry 
to  be  asked  of  a  sample  of  approximately  20  percent  of  all  farm 
operators: 
Is  there  any  MORTGAGE  DEBT  on  land    [□   No 

■and  buildings  owned  by  you? \\3  Yes 

ID  No  land  owned 

The  1954  enumeration  was  made  in  October  and  November. 
The  answers  to  the  above  inquiry  were  compiled  for  operating 
owners  of  farmland  (both  full  owners  and  part  owners)  and  related 
to  all  land  owned  by  the  operator  and  not  to  the  portion  retained 
by  him  if  part  of  his  land  was  rented  to  others.  The  mortgage 
status  of  the  land,  as  obtained  by  this  inquiry,  and  the  related 
farm  area  and  farm  value,  obtained  by  other  questionnaire  in- 
quiries for  the  same  land,  were  used  as  a  basis  for  preparing  the 
1956  estimates. 

The  instructions,  prepared  for  the  guidance  of  Census  enumera- 
tors, specified  that  farm  mortgages  included  deeds  of  trust,  deeds 
to  secure  debt,  purchase  money  mortgages,  vendors  liens  (deed 
with  vendor) ,  land  purchase  contracts,  and  bonds  for  deed.  Cer- 
tain items  were  excluded  such  as  crop  liens,  mechanics'  liens, 
judgments,  mortgages  on  livestock  or  machinery,  or  other  personal 
property  liens  (chattel  mortgages),  promissory  notes,  or  delinquent 
taxes. 

The  amount  of  the  indebtedness  was  not  secured  in  the  Census 
enumeration  in  1954,  whereas  such  basic  information  was  obtained 
in  the  1950  enumeration.  The  inquiry  for  1950,  which  applied  to 
a  sample  of  owner-operators  only,  was  as  follows: 

Is  there  any  MORTGAGE  ({J  No 

DEBT  on  the  land  and  build-  <  □  Yes.  How  much?  $ /00 

ings  owned  by  you? (,  (Dollars  only) 

Here,  again,  the  inquiry  related  to  all  the  land  owned  by  the 
operator  and  not  to  the  portion  retained  for  his  own  operation. 

Census  mortgage  data,  obtained  in  the  1950  Census,  were  not 
published  separately.  These  data  were  consolidated  with  those 
obtained  in  the  later  mail  inquiry  and  appear  as  Part  8  of  Volume 
V  of  the  reports  of  the  1950  Census  of  Agriculture.  Most  of  these 
data  are  given  for  comparative  purposes  in  this  report. 

The  tabulation  of  mortgage  data  from  the  1945  Census  of 
Agriculture  was  restricted,  except  in  12  States,  to  a  sample  of  one- 
twelfth  to  one-half  of  the  enumeration  districts.  In  that  Census, 
two  inquiries,  similar  to  those  used  in  1950,  were  to  be  asked  of  all 


operating  owners  for  all  counties.  The  questions  related  to  the 
land  retained  for  operation  by  the  owners.  An  analysis  of  the 
1945  Census  of  Agriculture  returns  indicated  that,  for  some 
enumeration  districts,  the  mortgage  information  was  incomplete 
or  inaccurately  reported.  Therefore,  substantial  upward  revisions 
were  necessary  in  the  information  for  mortgaged  full-owner  and 
part-owner  farms,  as  reported  by  Census  enumerators.  The 
published  data  concerning  the  1945  farm-mortgage  debt  represent 
a  consolidation  of  data  obtained  in  the  Census  and  in  a  special 
mail  survey.  Most  of  these  data  for  1945  appear  for  comparative 
purposes  in  this  report. 

For  the  1940  Census,  three  inquiries  in  respect  to  farm-mortgage 
indebtedness  were  asked  of  all  operating  owners.  The  first  of 
these  related  to  the  presence  or  absence  of  indebtedness  on  the 
land  owned  and  operated.  The  second  ascertained  the  total 
amount  of  outstanding  mortgage  debt  on  such  land  and  buildings. 
The  third  inquiry  obtained  the  annual  rate  (contract  rate)  of 
interest  on  the  first  mortgage  debt.  The  data  obtained  as  a  result 
of  these  inquiries  were  published  in  Volume  III  of  the  1940  Census 
of  Agriculture  Reports.  Consolidated  data  for  that  year,  a  com- 
bination of  the  Census  information  and  that  obtained  through  the 
cooperative  mail  survey,  were  presented  in  two  joint  (Bureau  of  the 
Census  and  Bureau  of  Agricultural  Economics)  releases  published 
in  1943  and  in  1944.  Most  of  the  data  from  these  releases  appear 
for  comparative  purposes  in  this  report. 

In  the  1935  Census,  all  owner-operators  were  to  be  asked  about 
the  existence  of  a  mortgage  and  the  amount  of  mortgage  debt  on 
land  and  buildings  owned  and  operated,  provided  they  owned  no 
additional  land.  These  data  were  not  published  separately. 
They  were  consolidated  with  additional  data  gathered  in  the  joint 
survey  and  were  published  in  1937  in  a  joint  release  by  the  Bureau 
of  the  Census  and  the  United  States  Department  of  Agriculture. 
These  consolidated  data  were  published  on  pages  310  and  311  of 
Volume  III  of  the  Reports  for  the  1940  Census  of  Agriculture. 
Most  of  these  also  appear  in  the  tables  of  this  report. 

For  1930,  three  inquiries  were  asked  of  all  owner-operators, 
similar  to  those  for  1940  with  the  exception  that  the  operator 
was  asked  as  to  the  amount  charged  in  1929  on  his  mortgage  debt 
for  interest,  commissions,  bonuses,  and  premiums  instead  of  the 
annual  rate  of  interest.  The  data  gathered  in  the  Census  of  1930 
are  shown  in  Volume  IV  of  the  reports  for  that  year.  Estimates 
based  on  these  Census  data  and  on  the  results  of  the  mail  survey 
were  first  published  by  the  Bureau  of  Agricultural  Economics  of 
the  United  States  Department  of  Agriculture.  Revised  data  were 
shown  in  the  release  published  cooperatively  by  the  Bureau  of  the 
Census  and  the  Bureau  of  Agricultural  Economics  in  1937. 
Most  of  the  estimates  for  1930  are  given  in  this  report. 

In  the  several  Census  enumerations,  no  information  on  farm- 
mortgage  debt  has  been  obtained  for  land  rented  from  others 
by  farm  operators  or  for  land  managed  for  others  by  farm  operators. 
The  information  for  rented  and  manager-operated  land  has  been 
obtained  in  subsequent  surveys  through  the  use  of  questionnaires 
mailed  to  the  owners  of  lands  rented  to  others  or  managed  for 
others. 

The  questionnaire  for  the  1956  Survey  of  Farm-Mortgage  Debt. — 
In  January  1956,  the  first  mailing  of  the  farm-mortgage  debt 
questionnaire  was  made  to  a  sample  of  all  landowners  (see  "The 
sample  used  for  the  survey  on  farm-mortgage  debt"  for  a  descrip- 
tion of  the  sample).  A  facsimile  of  the  questionnaire  follows  on 
p.  3. 

A  letter  from  the  Director  of  the  Bureau  of  the  Census  to  the 
landowners  appeared  on  the  face  of  the  questionnaire.  A  facsimile 
of  this  letter  follows  on  p.  4. 


FARM-MORTGAGE  DE3T  SURVEY 

(Please  fill  in  the  questions  below  and  return  this  questionnaire  even  though 
you  have  no  mortgage  debt,  or  own  no  land) 


Judge!    Burcmu    Ho.     41  -  r.riflB      A;;:rovnl    EN.Ircs    June    :'.!<      1" 

CONFIDENTIAL  -This  inquiry  is  authorized  by  Act' of  Congress  (Title 
13.  U.S. C.  Section  146)  which  requires  that  a  report  be  made.  The 
information  furnished  is  accorded  confidential  treatment,  subject  to 
provision  of  law.  This  report  will  be  used  for  stat  iifitfal  purposes 
only  and  cannot  be  used  for  purposes  of  taxation,    investigations,   or 


1.    Ho*  many  acres  of   farm  or  ranch   land  did  you  own  on  January   1,    1956? 

(Include   not  only  cropland,    but  also  pasturelund.    woodlund,    wasteland,    etc.) 

If  you  owned  no    land  on  January   I,    1956,    check  "None"  and  skip   to  quest  tor 

2.   How  much  would  this   land  and  the  buildings  on   it  sell   lor? 


D 


3.  How  many  acres  of  this  land  did  you  rent  to  others  during  1955.  (include  land  worked 
on  shares)? 

4.  To  how  many  tenants  and  croppers  did  you  rent  land  during  1955,  (include  land  worked 
on  shares)? 


5.  Has  there  any  mortgage  debt  on  the  land  and  buildings  owned  by  you  on  January  1,  1936? 

(Consider  as  mortgage  debt  —  mortgages,  deeds  of  trust,  sales  contracts,  and  other 
similar  liens  against  farm  real  estate.) 

If  you  had  no  mortgage  debt,    check  "No"  and  skip   to  question   10. 

6.  «hat  was  the  total  amount  of  the  IjNPAIU  PKINC1PAL  of  this  mortgage  debt  on  Jan.  1,  1936?   $ 


Per  acre 

I I  None  Acres 

I |  None  Number 

[H  No  L_l  Yes 


Total  value 


7.  How  many  acres  were  mortgaged  on  January  1.  1956?. 


□ 


8.  How  much  would  this  mortgaged  land  and  the  buildings  on  it  sell  lor? 

(If  all  your  land  was  mortgaged,  your  answer  to  this  question  should  be  the  same  e 
that  for  question  2  ) 

9.  Please  enter  below  the  amount  of  farm-mortgage  debt  owed  to  (unpaid  principal)  and  the 
interest  rate  for  each  of  the  following  lenders  on  January  1,  1951 

(Account  for  all  mortgage  debt  reported  in  question  6. ) 

a.  Federal  Land  Bank,  Land  Bank  Commissioner,  or  a  combined  loan  from  these  two  agencies.. 

b.  Farmers  Home  Administration  (include  only  indebtedness  secured  by  real  estate) 

c.  A  life  insurance  company 

d.  A  National  or  State  Bank,  or  Trust  Company  (include  mutual  savings  banks) 

e.  A  mortgage  company  or  land  investment  company 

f.  An  official  agency  ol  State  or  county 


Acres  _ 
OR  $. 


Total  value 


g.  A  farm  operator. 


i.  Other  lender  (give  name) 


j.  Total  mortgage  debt  you  owe  these  lenders  (should  be  same  as  entry  for  question  6.).... 


Amount  of  farm- 
mortgage  debt 
(Unpaid  pr inc ipol) 
January  1,  1956 


19.  bid  you  have  any  farm-mortgage  debt  as  of  November  1.  1934? 

11.  In  the  1954  Census  of  Agriculture  you  were  reported  as  owning  land  or  renting  land  to  others. 

Please  answer  the  following  questions,  so  that  we  may  obtain  complete  mortgage  information: 


i.   Did  you  sell  a:;y  land  during  1955? 

If  "Yes"  enter  below  the  name,  address,  and  acres  for  each  buyer 


□  No    □  Yes 
D  No    [H  Yes 


b.  Did  you  rent  lund  from  others  during  1955  which  was  sub-leased  to  others'  , 
If  "Yes"  enter  below  the  name,  address,  and  acres  for  each  owner. 


O     No         CD  Yes 


For  office  use  only 


U.  S.  Department  of  Commerce 

BUREAU  OF  THE  CENSUS 

WASHINGTON  25.  D.  C 


Dear  Sir: 

As  a  part  of  the  1954-  Census  of  Agriculture,  information 
is  needed  on  the  number  of  farms  in  the  United  States  which  are 
mortgaged,  the  amount  of  farm-mortgage  indebtedness,  source  of 
credit,  and  interest  rates.  This  information  is  necessary  to 
indicate  the  changes  which  have  occurred  during  the  last  five 
years.  Questions  to  obtain  information  of  this  nature  are  being 
asked  of  approximately  one  out  of  twenty-five  landowners. 

Will  you,  therefore,  please  fill  out  the  questionnaire 
on  the  reverse  side  and  mail  it,  this  week,  in  the  enclosed  envelope 
which  does  not  require  postage. 

PLEASE  FILL  OUT  AND  MAIL  THIS  QUESTIONNAIRE  EVEN  THOUGH 
YOUR  LAND  IS  NOT  NOW  MORTGAGED,  OR  IF  YOU  DO  NOT  NOW  OWN  ANY  LAND. 
Your  returning  of  this  completed  questionnaire  promptly  will  be 
appreciated  and  will  eliminate  the  need  for  writing  you  again. 

Thank  you  for  your  cooperation. 

Sincerely  yours, 


Qd&V.  QyuMjfM-- 


Robert  W.  Burgess 
Director 
Bureau  of  the  Census 
Enclosure 


FARM-MORTGAGE  DEBT 


The  sample  used  for  the  survey  on  farm-mortgage  debt. — 
The  sample  for  the  survey  was  selected  from  the  1954  Census  of 
Agriculture.  This  sample  was  obtained  from  the  sample  of  farms 
for  which  data  regarding  mortgage-debt  status  and  other  items 
were  secured  in  the  1954  Census  of  Agriculture.  Data  on  farm- 
mortgage  debt  were  obtained  in  the  1954  Census  of  Agriculture 
for  a  sample  of  approximately  20  percent  of  all  owner-operated 
farms.  For  a  description  of  this  sample,  see  page  XIX  of  the 
Introduction  to  Volume  II  of  the  reports  of  the  1954  Census  of 
Agriculture.  The  sampling  rate  for  the  survey  on  farm-mortgage 
debt  was  varied  for  each  State  and  for  each  tenure  of  operator  and 
for  two  groupings  of  farms  by  economic  class.  Because  of  the 
importance  of  farms  in  Economic  Classes  I  and  II,  a  much  higher 
proportion  of  these  farms  was  included  in  the  sample  than  for 
farms  in  other  economic  classes.  (Farms  in  Economic  Classes  I 
and  II  include  farms  with  a  value  of  farm  products  sold  in  1954  of 
$10,000  and  over;  other  farms  for  this  sample  selection  include 
farms  with  a  value  of  all  farm  products  sold  in  1954  of  less  than 
$10,000.  Abnormal  farms  regardless  of  the  amount  of  gross  in- 
come were  included  with  the  other  group.  For  a  more  detailed 
description  of  economic  class  of  farm,  see  page  10.)  The  sampling 
rates  and  the  number  of  farms  included  in  the  sample  for  the 
farm-mortgage  debt  survey  are  indicated  in  Table  A.  The 
total  number  of  farms  selected  for  the  sample  totaled  192,545. 
However,  859  of  these  farms  were  eliminated  from  the  sample 
because  they  had  also  been  selected  for  the  sample  to  be  used  for 
a  survey  of  farm  operators'  expenditures.  The  191,686  farms 
remaining  in  the  sample  comprised  284,427  landowners.  This 
total  of  landowners  included  10,077  which  were  classified  as  cor- 
porations (institutions,  railroads,  insurance  companies,  banks, 
etc.)  and  Federal  and  local  government  agencies  and  Indian 
reservations.  During  the  survey,  some  landowners  reported 
they  had  sold  all  or  a  part  of  the  land  owned  by  them  in  lo54. 
Also,  some  of  the  persons  reported  as  landowners  in  the  1954 
Census  of  Agriculture  were  found  to  be  lessees  rather  than  land- 
owners. In  the  case  of  landowners  reporting  that  all  or  part  of 
their  farmland  had  been  sold  and  in  the  case  of  lessees  reported  as 
landowners,  questionnaires  were  mailed  to  the  new  landowner  and 
to  the  correct  landlord.  The  corrections  and  additions  to  the 
mailing  list  because  of  these  changes  totaled  approximately 
13,000.  Thus,  questionnaires  for  the  survey  were  mailed  to  a 
total  of  287,000  persons  who  represented  (1)  operating  owners  of 
farmland;  (2)  landlords  of  farms  operated  by  tenants;  (3)  owners 
of  manager-operated  farms;  and  (4)  purchasers  of  land  owned  by 
other  owners  in  1954,  and  to  actual  owners  when  a  lessee  was 
reported  as  the  landlord  in  the  1954  Census  of  Agriculture. 

Mailing  of  questionnaires. — The  first  mailing  of  the  question- 
naires for  the  survey  was  made  on  January  11,  1956,  and  was 
completed  on  February  17,  1956.  A  follow-up  notice  was  mailed 
to  the  owners  of  farms  from  whom  a  reply  had  not  been  received. 
This  follow-up  mailing  was  started  on  February  14,  1956,  and 
completed  on  March  15,  1956.  Then,  a  second  questionnaire  was 
mailed  to  all  landowners  from  whom  a  reply  had  not  been  received. 
This  mailing  of  additional  questionnaires  was  started  on  March  13, 
1956,  and  completed  on  April  16,  1956.  From  these  three  mailings 
to  approximately  287,000  persons,  usable  questionnaires  were 
obtained  from  195,951  landowners.  Questionnaires  were  not 
mailed  to  the  10,077  corporations,  governmental  agencies,  etc.,  as 
it  was  assumed  that  the  farm  lands  owned  by  these  were  mortgage- 
free.  Thus,  data  were  obtained  or  available  for  a  total  of  206,028 
landowners  or  approximately  69  percent  of  all  the  landowners 
included  in  the  sample  selected  for  the  survey.  Reports  for  these 
206,028  landowners  were  included  in  the  tabulations. 

Processing  the  questionnaires. — The  data  on  each  questionnaire 
received  for  the  farm-mortgage  debt  survey  were  checked  against 
the  data  on  agriculture  questionnaires  for  the  1954  Census  of 
Agriculture  for  the  farm  from  which  the  name  of  the  landowner 
was  selected.  If  the  questionnaire  for  the  farm-mortgage  debt 
survey  covered  more  or  less  farmland  than  the  agriculture  question- 


naire, then  adjustments  'if  the  data  were  made  so  I  he  data  on  the 
farm-mortgage  debt  survey  related  only  to  the  land  reported  on 
the  agriculture  questionnaire  for  the  1954  Census  of  Agriculture. 
If  part,  of  the  land  covered  by  the  questionnaire  for  the  1954 
Census  of  Agriculture  had  been  sold,  then  a  farm-mortgage  debt 
survey  questionnaire  was  mailed  to  the  purchaser  and  the  question- 
naire covering  the  land  sold  was  included  in  the  tabulations. 

Information  from  the  1954  Census  of  Agriculture  on  acres  owned; 
value  of  land  and  buildings;  tenure  of  operator;  type  of  farm;  and 
for  landowners  who  were  owner-operators,  mortgage-debt  status, 
age,  and  year  they  began  to  operate  the  farm  were  included  on  the 
punchcard  containing  the  data  reported  in  the  farm-mortgage 
debt  survey  and  were  used  in  making  the  tabulations  and  esti- 
mates. 

For  each  State,  separate  tabulations  of  data  from  the  farm- 
mortgage  survey  subclassified  by  data  from  the  1954  Census  of 
Agriculture  were  made  for  full  owners,  and  for  the  owned  portion 
of  farms  operated  by  part  owners,  by  two  groupings  of  farms  by 
economic  class,  by  mortgage  status  in  1956,  by: 

(1)  Age  of  operator. 

(2)  Years  on  farm. 

(3)  Type  of  lender  (for  mortgaged  farms  only). 

(4)  Ratio  of  mortgage  debt  to  the  value  of  land  and  buildings 

in  1956  (for  mortgaged  farms  only). 

(5)  Type  of  farm  (for  commercial  farms  only). 

(6)  Economic  class  of  farm. 

Likewise,  for  each  State,  separate  tabulations  were  made  for 
landowners  of  farms  operated  by  tenants,  managers,  and  part 
owners  (leased  portion),  by  mortgage  status  in  1956,  for  two 
groupings  of  farms  by  economic  class,  by  type  of  lender. 

For  each  group,  separate  tabulations  were  made  of  the  data  for 
landowners  who  did  not  report  the  value  of  land  and  buildings, 
the  acres  owned,  or  the  amount  of  mortgage  debt  when  the  land 
was  reported  mortgaged.  Estimates  of  the  missing  data  for  these 
groups  were  prepared  on  the  basis  of  reports  for  similar  groups  of 
landowners  for  whom  all  data  were  reported.  The  farms  for 
which  such  estimates  were  made  comprised  less  than  one-tenth  of 
1  percent  of  all  farms. 

Preparing  estimates. — Estimates  for  the  number  of  farms, 
acres  in  farms,  and  the  value  of  land  and  buildings  in  1954  and  as 
of  January  1,  1956,  for  farms  operated  by  full  owners  and  for  the 
owned  portion  of  farms  operated  by  part  owners,  were  prepared 
for  each  State,  for  each  tenure  group,  and  for  two  groupings  of 
farms  by  economic  class,  by  dividing  the  number  of  farms,  for 
which  reports  as  to  mortgage  status  were  obtained  in  the  survey, 
into  the  total  number  of  farms  shown  for  the  1954  Census  of  Agri- 
culture for  the  corresponding  grouping  of  farms  and  then  by  multi- 
plying the  totals  for  the  farms  in  the  mortgage-debt  survey  by  this 
factor.  For  the  rented  portion  of  part-owner  farms  and  for  farms 
operated  by  managers  and  tenants,  the  factor  used  for  multiplying 
the  farm-mortgage  debt  survey  totals  to  obtain  estimated  totals  for 
all  farms  was  obtained  by  dividing  the  total  acres  of  land  owned, 
shown  by  the  mortgage-survey  reports,  into  the  total  acreage  of 
rented  land  in  farms  of  part  owners,  tenants,  and  in  farms  operated 
by  managers  as  shown  for  the  corresponding  group  by  the  1954 
Census  of  Agriculture.  The  totals  for  the  1954  Census  of 
Agriculture  and  for  the  survey  of  mortgage  debt  were  adjusted  b.v 
subtracting  the  acreage  of  land  in  farms  owned  by  corporations, 
governmental  agencies,  etc.,  before  the  calculations  were  made. 
The  factors  calculated  for  each  tenure  group  are  shown  by  States 
in  Table  B.  The  method  outlined  for  obtaining  estimates  for 
al)  farms,  from  the  survey  of  farm-mortgage  debt,  assumed  that 
the  farms  and  land  of  landowners  from  whom  reports  were  not 
received  were  similar  in  regards  to  mortgage  status,  size,  value 
of  land  and  buildings,  etc.,  to  the  farms  and  land  of  landowners 
from  whom  usable  reports  were  obtained  in  the  survey.  At  the. 
United   States   level,    the   proportion   of   the   farms   reported   as 


FARM-MORTGAGE  DEBT 


Table  A. — Farm-Mortgage  Debt  Survey,  1956 — Sampling  Rates  With  Number  of  Farms  Drawn  for  Inclusion  in  Survey 
and  Number  of  Land  Owners,  by  Tenure  of  Operator  and  Economic  Class  of  Farm 


Division  and  State 


Number  of  farms  drawn  for  survey 


Number  of  landowners  reported  for 
farms  in  survey 


Federal, 
State, 

and  local 

govern- 
ments 

and  cor- 
pora- 
tions 


Other 

(land- 
owners 
to  whom 
mortgage 
question' 

naires 

were 
mailed) 


United  States 

The  North 

The  South 

The  West 

Geographic  Divisions: 

New  England 

Middle  Atlantic 

East  North  Central- 
West  North  Central 

South  Atlantic 

East  South  Central. 
West  South  Central. 

Mountain 

Pacific .. 

New  England: 

Maine... 

New  Hampshire 

Vermont 

Massachusetts 

Rhode  Island 

Connecticut 

Middle  Atlantic: 

New  York 

New  Jersey 

Pennsylvania 

East  North  Central : 

Ohio 

Indiana 

Illinois - 

Michigan 

Wisconsin 

West  North  Central: 

Minnesota 

Iowa - 

Missouri 

North  Dakota 

South  Dakota 

Nebraska 

Kansas 

South  Atlantic: 

Delaware 

Maryland 

Virginia 

West  Virginia 

North  Carolina 

South  Carolina 

Georgia 

Florida 

East  South  Central : 

Kentucky _ 

Tennessee 

Alabama 

Mississippi... _. 

West  South  Central : 

Arkansas 

Louisiana- 

Oklahoma.. 

Texas 

Mountain : 

Montana 

Idaho.. 

Wyoming 

Colorado 

New  Mexico 

Arizona 

Utah 

Nevada 

Pacific: 

Washington 

Oregon 

California 


7,  820 
11,  570 
27,  5S4 
35,  231 

35,  982 
21.  460 
24, 993 
16,  867 
11,013 


1,530 

995 

1,759 

1,735 


5,421 
6,677 
4,947 
5, 150 


4, 195 
3,  747 
4,670 
4,872 


5,577 
4,944 
5,581 


2,  528 
2,  596 
2.  323 
2,  S13 


7,463 

3,  3.82 
3,407 


3,042 

1,983 
534 
1,365 
2,  244 
1,  163 


23,993 
29,  .'24 
7,735 


15,310 

24,  327 
4,342 


127,  (194 
113,  395 
43,  36S 


2,  7,81 
2,330 
4,966 


124.  883 
111,065 
38,  402 


13.237 
8,253 
8,  034 


1,699 
2,820 
4,151 


2.  20s 
2,  523 
1,936 


1,911 
2,139 
5,416 
7,180 


4,523 
4,  222 
2.  VJ72 
1,538 


1,113 
3,535 
4, 427 


1,  968 
1,781 

1,646 


1,793 
1,711 
1,310 


1,  149 
1,424 
1,742 


1,944 
1,935 
1,601 


1,117 
1,065 
1,005 
1,192 
1,037 


1,221 
1,  025 
1,071 
1,078 


1,090 
1,145 
1,  254 
1,034 


1.953 
1,991 

2.  401 


11.998 
17,  359 
41,938 
56,  369 

48,  653 

28.  232 
33.49(1 
23.1711 
17.193 


2,041 
1,  530 

2,873 


899 

1,  398 

881 

913 

8,570 
10,  670 
7,466 
7,006 

983 
1.464 
1,247 

7,771 
9,919 
7,810 

1,170 

777 

1,254 

1,147 

6,727 
7,267 
7,507 
9,368 

124 

826 
2,  032 
1,267 

1,633 
5,  530 
7,862 
5,954 

1,778 

1,535 

1,784 

823 

7,563 
6.634 
7,548 
5,929 

1,  454 
1,684 
1,657 
2,137 

6,664 
7, 385 
7,101 
7,042 

1,865 
1,441 
1,984 

1,906 

7,120 
6,732 
9,001 
13,  637 

349 
451 
289 
456 

4,518 
3,679 
3,817 
4,349 

361 
129 
256 
31 

3,373 

2,692 

2,951 

791 

865 
630 
522 

6,405 
4,  347 
7,446 

1,038 
3,741 
1,225 


11.  709 
16,  906 
41,351 
54,917 

47,  710 
27, 903 
35. 452 
22,  429 
15,  973 


6,873 
2.9S5 
7,048 


8,093 
8,473 
10,  498 
7,393 


-,  649 
9.824 
7,723 

6,530 
6.671 
7.263 
9,257 


7,515 
6,539 
7,481 
6,605 


7,321 
7,042 
6,941 


3,721 
3,423 
3.064 
4,017 


xxx  Not  applicable. 

1  Figures  given  below  should  be  thought  of  as  denominators  of  fractions  which  always  have  numerators  ol  1. 

■  Includes  duplications  where  same  landlord  was  reported  by  two  or  more  survey  farms. 

*  Of  this  total,  859  were  dropped  because  of  inclusion  in  another  survey  (Farmers'  Expenditures  in  1955). 


FARM-MORTGAGE  DEBT 


mortgaged  in  1954  for  farms  for  which  reports  were  received  for 
the  mortgage-debt  survey  differed  only  3  percent  for  full  owners 
and  only  1 1  percent  for  part  owners  (owned  portion)  from  that  for 
farms  for  which  no  usable  reports  were  obtained  in  the  survey  of 
mortgage  debt.  The  average  size  of  farms  for  full  owners  with 
no  reports  for  the  survey  of  farm-mortgage  debt  differed  by  only 
19  percent  from  that  for  farms  of  full  owners  for  whom  reports 
were  obtained.  For  part  owners,  the  difference  in  the  average 
size  of  farm  for  those  reporting  and  those  not  reporting  in  the 


survey  of  farm-mortgage  debt  was  17  percent.  The  difference  in 
the  average  value  of  land  and  buildings  per  acre  for  farms  for 
which  reports  were  obtained  in  the  farm-mortgage  debt  survey 
and  those  farms  for  which  a  report  was  not  obtained  was  7  percent 
for  full  owners  and  7  percent  for  part  owners  (owned  portion). 
The  estimates  of  farm-mortgage  debt  were  made  on  the  basis  of 
the  average  ratio  of  debt  to  value  of  land  and  buildings  reported 
for  the  mortgaged  farm  lands  for  each  grouping  of  farm*  included 
in  the  farm-mortgage  debt  survey. 


Table  B. — Farm-Mortgage  Debt  Survey,  1956:  Adjusted  Expansion  Factors  l 


Division  and  State 


Tenants  and  managers 


New  England : 

Maine... -- 

New  Hampshire- 
Vermont 


Massachusetts- 
Rhode  Island.. 
Connecticut... 


Middle  Atlantic: 

New  York 

New  Jersey... 
Pennsylvania  - 


East  North  Central : 

Ohio 

Indiana 

Illinois 

Michigan 

Wisconsin 


West  North  Central : 

Minnesota 

Iowa 

Missouri 


North  Dakote. 
South  Dakota  - 

Nebraska 

Kansas.. 


South  Atlantic : 

Delaware 

Maryland 

Virginia 

West  Virginia. 


North  Carolina- 
South  Carolina . 

ffeorgia 

Florida 


East  South  Central: 

Kentucky 

Tennessee 

Alabama.. 

Mississippi 

West  South  Central : 

Arkansas 

Louisiana 

Oklahoma 

Texas 


Mountain : 
Montana.. 

Idaho 

Wyoming.. 
Colorado... 


New  Mexico.. 

Arizona 

Utah.. 

Nevada 


Pacific: 

Washington . 

Oregon 

California 


12.87 
13.91 
12.22 

13.12 
0.21 
12.59 


20.  13 
13.59 

■J5.  33 


26.  48 
25.46 
25.52 
24.41 

;?3.  a; 


24.88 
25. 65 
25.  71 

11.93 

13.60 
12.90 
12.90 


7.66 
13.72 
21.61 

6.97 

25.79 
9.07 
27.87 
24.14 


25. 82 
21.17 
21.  43 


15.  30 
16.72 
13.  04 
20.  59 


7.18 
15.41 

8.19 
14.97 


25.  67 
28.06 
40.66 


37. 17 
19.18 
19.49 


58. 36 
45.  06 
76.31 


69.  05 
62.50 
54.  46 


76.87 
07.70 
95.15 

24.82 

27.  69 
53.47 

58.  67 


7.33 
14.19 
63. 49 
47.93 

9S.  15 
52.51 
72.75 
40.52 


91.  80 

70.03 
67.86 


64.58 
49.61 
41.04 
82.45 


36.  29 
54.34 
7.32 
35.21 


55.87 
53. 19 
96.48 


6.7S 
6.52 
6.67 

6.10 
8.40 
6.13 


12.92 
6.54 
12.06 


20. 38 
20.  95 
19.80 
19.32 


17.91 
19.52 
20.37 

19.65 
20.16 
19.91 
20.51 


19.  50 
9.49 
9.13 
8.32 


17.13 
15.38 
16.  42 
17.16 


16. 19 
18.12 
13.24 
22.07 


14.63 
13.  SI 
7.59 
13.90 


0.38 
6.72 
6.63 


19.  85 
7.14 

IS.  95 


27.37 

28.12 
34.93 
25.  55 
24.89 


30.  SO 

26.40 
33.17 

24.55 
22.07 
25.  50 
42.64 


55.27 
29.91 
24. 94 


37.  74 
36.  90 
32.11 
32. 36 


21.68 
17.08 
37.73 
55.  62 


29.81 
14.42 
7.41 
18.87 

14.77 
7.41 
14.59 
11.14 


13.03 
13.84 
20.93 


6.87 
13.80 
8.30 


23.  25 
22.  20 
20.  28 


20.46 
21.69 
23.08 

26.42 

28.66 
22.  64 


7.15 
7.94 
15.84 
10.33 

31.23 
11.17 
12.68 
17.91 


21.88 
16.18 
18.33 
33. 15 


18.72 
22.57 
21.95 
17.76 

19.82 
13.02 
11.65 
10. 87 


13.83 
13.08 
17.  06 


29.61 
21.88 
29. 39 
43.  29 


7.81 
8.32 
23.  56 


72.92 
25.79 
33. 13 
15.12 


53.37 
45.51 
39. 68 
34.  25 


28.  02 
22.42 
49.04 

60.  33 


42.20 
16.06 
13.05 
27.11 

22.72 
39.81 
20.94 


21.18 
16.99 
30.13 


8.74 
3.  06 

3.20 


19.20 
19.  62 
24.77 
5.84 

12.99 


9.72 
6.50 
7.53 
4.92 


13.89 
8.04 
5.87 

20.08 


20.31 
23.64 
14.01 
19.02 


5.60 

109.  40 

7.40 


13.29 
5.83 
12.17 


28.74 
27.56 
34.99 
12.09 


32.30 
38.  73 
35.96 

12.67 

25.28 
30.63 
31.40 


7.24 

0.99 
16.03 
7.48 

86.32 
64. 65 
55. 00 
15.71 


40.  75 
16. 06 

54.80 
73.49 


11.03 
2.71 

18.38 
1.33 


1  Adjustments  were  made 
the  sampling  rate  called  for, 


beoause  of  no  response.    Large  amounts  of  Government  and  corporate  lands,  in  some  States,  were  responsible  for  a  smaller  expansion  factor  than 


FARM-MORTGAGE  DEBT 


Adjustment  of  estimates. — Three  kinds  of  adjustments  were 
made  in  the  totals  obtained  from  the  tabulations.  First,  when 
the  distribution  of  the  farms  in  1954  by  mortgage  status  as  shown 
by  the  reports  for  the  mortgage  survey  differed  from  that  shown 
for  the  1954  Census  of  Agriculture,  percentage  adjustments  were 
made  in  the  number  of  farms,  land  in  farms,  and  value  of  land  and 
buildings  so  that  the  distribution  of  farms  by  1954  mortgage 
status  in  the  mortgage  survey  was  the  same  as  that  for  the  1954 
Census  of  Agriculture.  For  the  United  States,  this  adjustment 
averaged  2.1  percent.  The  same  percentage  adjustments  used 
for  full  owners  and  for  part  owners  (owned  portion)  were  made  for 
rented  land  in  farms  of  part  owners  ard  in  land  in  farms  operated 
by  tenants  and  managers.  Second,  some  additional  adjustments 
were  considered  necessary  in  the  value  of  land  and  buildings  in 
21  States,  because  the  value  of  land  and  buildings  for  land  for 
which  reports  were  not  obtained  in  the  survey  of  mortgage  debt 
appeared  to  be  significantly  different  from  the  value  of  land  and 
buildings  for  land  for  which  reports  had  been  obtained  in  the 
survey.  These  adjustments  averaged  1.4  percent  for  the  United 
States  and  exceeded  5  percent  in  only  5  States.  Third,  the 
estimates  of  the  amount  of  mortgage  debt  for  Federal  land 
banks,  Farmers'  Home  Administration,  life  insurance  companies, 
and  all  operating  banks  were  adjusted  for  each  State  to  the  known 
totals  of  those  lending  agencies.  These  adjustments  averaged  at 
the  United  States  level,  2.1  percent  (downward)  for  all  4  lending 
agencies;  7.2  percent  (downward)  for  Federal  land  banks;  34.8 
percent  (downward)  for  the  Farmers'  Home  Administration;  27.2 
percent  (upward)  for  life  insurance  companies;  and  20.2  percent 
(downward)  for  all  operating  banks.  No  changes  were  made 
in  the  estimated  total  for  the  amount  of  mortgage  debt  because 
of  the  adjustment  in  the  amount  of  debt  for  these  4  lending 
agencies. 

The  survey  data  were  expanded  to  universe  totals  by  using 
expansion  factors,  after  adjustment  for  nonresponse.  Table  B 
shows  the  adjusted  expansion  factors  for  each  of  eight  sampling 
strata  for  the  individual  States.  Government,  corporate,  and 
institutional  land  was  included  at  100  percent  response  and 
weighted,  in  proportion  to  the  number  of  acres,  with  rented  land. 

Reliability  of  the  1956  survey  estimates  was  strengthened 
by  the  relatively  high  response  rate  for  a  mailed  questionnaire. 
For  example,  estimates  in  Wisconsin  were  made  on  the  basis  of 
83.8  percent  response  for  full  owners,  Economic  Classes  I  and  II, 
and  91.8  percent  response  for  all  other  economic  classes.  Esti- 
mates for  part  owners  were  based  on  an  83.6  percent  response 
for  Economic  Classes  I  and  II,  and  80.4  percent  response  for  other 
economic  classes.  The  response  rate  for  rented  land  for  Economic 
Classes  I  and  II  was  70.0  percent,  and  for  other  economic  classes, 
was  83.9  percent. 

In  preparing  the  1956  estimates  of  acreages  and  values  by 
mortgage  status  and  the  amount  of  indebtedness,  it  was  assumed 
that  the  farmland  owners  who  did  not  reply  to  the  survey  ques- 
tionnaire were  similar  in  mortgage  characteristics  to  those  who  did 
reply.  A  study  of  the  1954  Census  of  Agriculture  questionnaires 
for  those  farms  for  which  a  1956  survey  questionnaire  was  not 
received  indicated  that  this  group  of  farms  was  similar  in  size, 
value,  and  mortgage  status  to  those  farms  for  which  a  response 
was  received.  The  estimates  were  made  by  applying  ratios  based 
on  the  farms  for  which  replies  were  received  to  the  totals  for  all 
farms.  The  overall  totals  shown  for  the  number  of  farms  and 
land  in  farms  are  in  agreement  with  the  totals  obtained  by  tabu- 
lating the  data  for  all  farms  in  the  1954  Census  of  Agriculture. 
The  totals  for  the  value  of  land  and  buildings  have  been  adjusted 
to  represent  those  prevailing  on  January  1,  1956,  which  was  the 
date  to  which  the  farm-mortgage  debt  mailed  survey  inquiry  was 
related.  The  January  1,  1956  value  of  all  farm  reaf  estate  for  the 
United  States,  as  indicated  by  the  mortgage-debt  survey  question- 
naires, was  $106,576,916,000.     This  figure  is  an  increase  of  9.2 


percent  above  the  $97,582,918,000  total  shown  in  the  1954  Census 
of  Agriculture  which  was  taken  in  October  and  November  of  that 
year. 

Farm-mortgage  debt  outstanding  on  January  1,  1956  was 
determined  from  the  ratio  of  debt  to  value  prevailing  in  the 
survey  as  applied  to  the  adjusted  1956  value  of  land  and  buildings. 
Total  debt  was  first  allocated  to  lender  groups  on  the  basis  of  the 
mailed  survey  questionnaire.  Afterwards,  debt  for  each  of  4 
lenders  (Federal  land  banks,  Farmers'  Home  Administration, 
insurance  companies,  and  banks)  was  adjusted  to  known  totals 
for  these  lenders. 

Average  rates  of  interest  for  the  Federal  land  banks  are  in 
agreement  with  known  rates  for  this  lender.  Interest  charges 
and  average  rates  of  interest  on  total  mortgage  debt  for  all  other 
lender  groups  were  based  on  information  reported  in  the  1956 
survey.  All  impossible  interest  rates  for  known  lenders  were 
adjusted  before  averages  were  computed. 

Estimates  for  1956. — The  estimates  for  January  1,  1956,  are  for 
the  farms  and  farm  lands  included  in  the  1954  Census  of  Agricul- 
ture. No  estimates  have  been  made  regarding  the  changes  in  the 
number  of  farms  or  land  in  farms  from  the  date  of  the  1954 
Census  of  Agriculture  (October-November  1954)  to  January  1, 
1956.  The  estimates  on  the  number  of  farms  by  mortgage  status 
are  as  of  January  1,  1956,  and  the  total  number  coincides  with  the 
count  of  farms  in  the  1954  Census  of  Agriculture.  Likewise, 
the  estimates  of  acreage,  value  of  land  and  buildings,  and  amount 
of  mortgage  debt  represent  totals  as  of  January  1,  1956,  for  the 
farmland  and  buildings  included  in  the  1954  Census  of  Agriculture. 

DEFINITIONS  AND  EXPLANATIONS 

Only  definitions  and  explanatory  matter  of  particular  signif- 
icance in  regard  to  mortgage  debt  are  presented  in  this  chapter. 
For  definitions  and  explanations  of  items  of  general  application, 
refer  to  the  Introduction  to  Volume  II  of  the  1954  Census  of 
xVgriculture  reports.  For  a  more  detailed  discussion  of  land  in 
farms,  refer  to  Chapter  I,  Farms  and  Land  in  Farms;  for  the 
classification  of  farms  by  tenure  of  the  operator,  refer  to  Chapter 
X,  Color,  Race,  and  Tenure  of  Farm  Operator;  and  for  classifica- 
tion of  farms  by  economic  class,  see  Chapter  XI,  Economic  Class 
of  Farm.  These  three  chapters  are  parts  of  Volume  II  of  the 
reports  of  the  1954  Census  of  Agriculture. 

A  farm. — All  the  land  under  the  control  of  one  person  or  partner- 
ship was  included  as  one  farm.  Control  may  have  been  through 
ownership,  or  through  lease,  rental,  or  cropping  arrangement. 

For  the  1954  Census  of  Agriculture,  places  of  3  or  more  acres 
were  counted  as  farms  if  the  annual  value  of  agricultural  products, 
exclusive  of  home-garden  products,  amounted  to  $150  or  more. 
The  agricultural  products  could  have  been  either  for  home  use  or 
for  sale.  Places  of  less  than  3  acres  were  counted  as  farms  only  if 
the  annua]  value  of  sales  of  agricultural  products  amounted  to 
$150  or  more.  Places  for  which  the  value  of  agricultural  products 
for  1954  was  less  than  these  minima  because  of  crop  failure  or  other 
unusual  conditions,  and  places  operated  at  the  time  of  the  Census 
for  the  first  time,  were  counted  as  farms  if  normally  they  could  be 
expected  to  produce  these  minimum  quantities  of  agricultural 
products. 

If  a  person  had  croppers  or  other  tenants,  the  land  assigned  each 
cropper  or  other  tenant  was  considered  a  separate  farm,  even 
though  the  landlord  handled  the  entire  holding  as  one  operating 
unit  in  respect  to  supervision,  equipment,  rotation  practice, 
purchase  of  supplies,  or  sale  of  products.  Land  retained  by  the 
landlord  and  worked  by  him  with  the  help  of  his  family  and/or 
hired  labor  was  likewise  considered  a  farm. 

If  land  under  the  control  of  one  person  or  partnership  was 
located  in  2  or  more  counties,  the  entire  holding  was  enumerated 
as  1  farm  and  in  only  1  county. 


FARM-MORTGAGE  DEBT 


For  the  1950  Census  of  Agriculture,  the  definition  of  a  farm  was 
the  same  as  for  1954.  For  the  1945  and  earlier  Censuses  of  Agri- 
culture, the  definition  of  a  farm  was  somewhat  more  inclusive. 
From  1930  to  1945,  farms,  for  Census  purposes,  included  places  of 
3  or  more  acres  on  which  there  were  agricultural  operations,  and 
places  of  less  than  3  acres  if  the  agricultural  products  for  home  use 
or  for  sale  were  valued  at  $250  or  more.  For  places  of  3  or  more 
acres,  no  minimum  quantity  of  agricultural  production  was  re- 
quired for  purposes  of  enumeration;  for  places  of  under  3  acres  all 
the  agricultural  products  valued  at  $250  or  more  may  have  been 
for  home  use  and  not  for  sale.  The  only  reports  excluded  from  the 
tabulations  were  those  taken  in  error  and  those  with  very  limited 
agricultural  production,  such  as  only  a  small  home  garden,  a  few 
fruit  trees,  a  very  small  flock  of  chickens,  etc.  In  1945,  reports  for 
places  of  3  acres  or  more  with  limited  agricultural  operations  were 
retained  if  there  were  3  or  more  acres  of  cropland  and  pasture,  or 
if  the  value  of  products  in  1944  amounted  to  $150  or  more  when 
there  were  less  than  3  acres  of  cropland  and  pasture. 

Land  in  farms. — For  1954  and  1950,  the  land  in  each  farm,  that 
is  the  land  under  the  control  of  each  farm  operator  or  partnership, 
was  determined  by  asking  the  number  of  acres  owned,  the  acres 
rented  from  others  or  worked  on  shares  for  others,  and  the  acres 
rented  to  others  or  worked  on  shares  by  others.  The  acres  in  the 
farm  were  obtained  by  adding  the  acres  owned  and  acres  rented 
from  others  or  worked  on  shares  for  others,  and  subtracting  the 
acres  rented  to  others  or  worked  on  shares  by  others.  In  case  of 
a  managed  farm,  the  person  in  charge  was  asked  the  total  acreage 
managed  for  his  employer.  The  acreage  that  was  rented  to 
others  or  cropped  by  others  was  subtracted  from  the  total  managed 
acreage. 

In  earlier  Censuses,  the  acreage  in  each  farm  was  determined  by 
asking  directly  the  acreage  in  the  farm.  The  enumerators  and 
farm  operators  were  instructed  to  include  any  land  rented  from 
others  and  to  exclude  any  land  rented  to  others. 

Value  of  land  and  buildings. — The  value  to  be  reported  was  the 
approximate  amount  for  which  the  land  and  the  buildings  on  it 
would  sell.  For  the  1954  and  the  1950  Censuses  of  Agriculture, 
the  value  of  land  and  buildings  was  estimated  on  the  basis  of 
reports  for  a  sample  of  approximately  20  percent  of  the  farms. 
The  value  of  land  and  buildings  for  1954  was  estimated  on  the 
basis  of  the  value  of  land  and  buildings  reported  for  farmland  and 
buildings  in  the  survey  of  mortgage  debt.  (See  adjustment  of 
estimates,  page  8  for  a  description  of  the  adjustment  of  the  value 
of  land  and  buildings.)  The  estimated  value  of  farmland  and 
buildings  (for  farmland  and  buildings  included  in  the  1954  Census 
of  Agriculture)  was  $106,576,916,000,  as  of  January  1,  1956,  an 
increase  of  9.2  percent  above  the  $97,582,918,000  shown  for  the 
1954  Census  of  Agriculture. 

Farm  owner. — A  farm  owner  is  a  person  who,  or  agency  which, 
owns  farmland.  He  may  be  a  farm  operator,  he  may  be  a  land- 
lord renting  his  land  to  others  or  having  his  land  cropped  by  others, 
or  he  may  be  the  employer  of  a  manager  who  operates  his  farm. 

Farm  operator. — A  farm  operator  is  a  person  who  operates  a 
farm  either  performing  the  labor  himself  or  directly  supervising  it. 
He  may  be  an  owner,  a  hired  manager,  or  a  tenant.  If  he  rents 
land  to  others  or  has  land  cropped  for  him  by  others,  he  is  con- 
sidered the  operator  of  only  the  acreage  which  he  retains.  The 
number  of  farm  operators  is  considered  the  same  as  the  number 
of  farms. 

In  1954,  farm  operators  were  classified  according  to  the  tenure 
under  which  they  held  their  land  on  the  basis  of  the  land  retained 
by  the  farm  operator.  In  1950,  farm  operators  were  classified 
according  to  the  tenure  under  which  they  held  their  land  on  the 


basis  of  the  total  land  owned,  the  total  land  rented  from  others, 
and  the  land  managed  for  others.  For  the  1945  and  earlier 
Censuses,  the  determination  of  full  owners,  part  owners,  and  ten- 
ants was  made,  as  in  1954,  on  the  basis  of  land  operated. 

Owner-operated  farms. — Owner-operated  farms  are  farms 
operated  by  persons  who  own  farm  lands.  Mortgage  data  pre- 
sented for  owner-operated  farms  relate  only  to  land  owned  by 
the  farm  operator  and  retained  by  him.  Land  rented  to  others  or 
worked  on  shares  by  others  is  not  included.  Land  owned  includes 
all  land  which  the  operator  or  his  wife,  or  both,  held  under  title, 
purchase  contract,  homestead  law,  or  as  one  of  the  heirs,  or  as  a 
trustee,  of  an  undivided  estate.  For  a  partnership,  all  the  land 
owned  by  any  of  the  partners  and  operated  as  a  partnership  was 
to  be  included  as  land  owned.  In  the  case  of  an  Indian  operator, 
land  allotted  in  trust  and  also  any  reservation  lands  assigned  him 
for  his  own  use  were  to  be  considered  as  owner-operated. 

Full  owners  own  all  'he  land  they  operate.  For  the  1954  Census 
of  Agriculture,  but  not  for  I960,  an  owner  who  also  rented  land 
from  others  was  classed  as  a  full  owner  if  he  subrented  to  others 
all  the  land  he  rented  from  others,  retaining  and  operating  only 
land  owned  by  him. 

Part  owners  own  land  they  operate  and  rent  from  others 
additional  land  which  they  operate. 

Tenant-  and  manager-operated  farms,  including  rented  portion 
of  part-owner  farms. — Tenants  rent  from  others,  or  work  on 
shares  for  others,  all  the  land  they  operate.  For  the  1954  Census 
of  Agriculture,  but  not  for  1950,  tenants  included  some  farm 
operators  who  owned  land  but  rented  to  others  all  the  land  owned, 
retaining  only  land  rented  from  others.  Rented  land  includes  land 
worked  on  shares  for  others  and  land  used  rent-free,  as  well  as 
all  land  rented  or  leased  under  other  arrangements.  Grazing  land 
used  under  government  permit  is  not  included.  Open  range  and 
grazing  lands  used  under  permit  were  not  to  be  included  as  land 
in  farms. 

Manager  farms  are  farms  operated  for  others  by  persons  paid  a 
wage  or  salary  for  their  services.  Persons  acting  merely  as 
caretakers  or  hired  as  laborers  are  not  classified  as  managers. 
All  land  operated  for  a  government  agency  (Federal,  State,  or 
local),  a  corporation,  or  an  institution,  was  considered  managed 
even  though  no  person  was  specifically  designated  as  the  farm 
manager.  Similarly,  grazing  lands  held  or  controlled  by  coop- 
erative groups,  such  as  grazing  associations,  were  considered 
managed.  Likewise,  Indian  reservation  lands  operated  for 
Indians  and  not  reported  by  individual  Indians  were  considered 
managed. 

Data  on  acreage,  value,  and  debt  presented  for  tenant-  and 
manager-operated  farms  include  the  land  rented  from  others  by 
part  owners.  Data  on  number  of  tenant  and  manager  farms 
mortgaged,  as  shown  for  1950  and  prior  years,  relate  only  to 
tenant-  and  manager-operated  farms  and  represent  estimates 
made  on  the  basis  of  the  proportion  of  the  owners  of  such  farms 
who  had  mortgage  indebtedness. 

Number  of  farms  by  mortgage  status. — For  1956,  the  number 
of  farms  mortgaged  and  the  number  free  of  mortgage  encumbrance 
were  estimated  only  for  full-owner  and  part-owner  (owned  portion) 
farms.  The  number  of  manager  and  tenant  farms  which  were 
mortgaged  and  the  number  which  were  free  of  debt  were  not 
estimated.  A  manager  or  tenant  may  operate  land  representing 
several  different  owners.  Mortgage  indebtedness  reported  by 
any  of  these  owners  would  classify  the  farm  as  mortgaged,  by 
definition.  Mortgage  status,  as  applied  to  real  estate,  is  a  function 
relating  to  owners,  rather  than  operators  of  land.  Since  the  value 
of  such  statistics  is  limited,  estimates  of  the  number  of  mortgaged 
manager-  and  tenant-operated  farms  were  not  made. 


10 


FARM-MORTGAGE  DEBT 


A  mortgaged  farm  is  one  having  land  (land  and/or  buildings 
thereon)  pledged  as  security  for  debt.  A  farm  free  from  debt 
is  one  which  has  none  of  the  land  pledged  as  security  for  debt. 
The  mortgage  status  of  a  part-owner  farm  relates  to  the  owned 
portion  only.  If  an  owner-operator  reported  mortgage  indebted- 
ness on  any  of  the  land  owned,  the  farm  was  considered  to  be 
mortgaged.  This  procedure  may  have  resulted  in  a  slight  over- 
statement of  the  number  of  owner-operated  mortgaged  farms. 
For  example,  an  owner-operator  may  rent  to  others  a  portion  of 
the  land  owned.  He  majr  have  mortgage  indebtedness  on  only 
that  portion  which  he  rents  to  others.  Under  the  above  procedure, 
his  farm  might  have  been  classed  as  mortgaged  when  actually  all 
the  land  he  retained  and  operated  w-as  free  of  debt. 

Farm-mortgage  debt. — Farm  mortgages  are  evidences  of  a 
pledge  of  farmland  and  buildings  as  security  for  a  debt.  The 
debt  may  have  arisen  through  purchase  of  the  real  estate  or 
through  a  subsequent  loan.  Farm  mortgages  include  deeds  of 
trust,  deeds  to  secure  debt,  purchase  money  mortgages,  vendors 
liens  (deed  with  vendor),  land  purchase  contracts,  and  bonds  for 
deed.  They  do  not  include  crop  liens,  mechanics  liens,  judgments, 
mortgages  on  livestock  or  machinery,  or  other  personal  property- 
liens  (chattel  mortgages),  promissory  notes,  or  delinquent-  taxes. 
In  conformity  with  the  practices  followed  in  farm  credit  statis- 
tics prepared  by  the  United  States  Department  of  Agriculture, 
in  this  and  preceding  farm-mortgage  surveys,  all  Production  Credit 
Association  loans  were  considered  non-real  estate  debt.  The 
primary  security  for  such  loans  is  crop  or  chattel  mortgages 
although  in  infrequent  cases  real  estate  mortgages  may  be  taken 
as  additional  security.  When  identifiable,  Production  Credit 
Association  loans  reported  on  the  1956  survey  questionnaire  were 
deleted  in  the  editing  process.  Similarly,  all  identifiable  operat- 
ing loans  of  the  Farmers'  Home  Administration  were  deleted 
although  they  sometimes  are  secured  by  real  estate  mortgages  in 
addition  to  the  usual  crop  or  chattel  mortgages.  In  the  editing- 
process,  care  was  taken  to  delete  all  non-real  estate  indebtedness 
which  could  be  identified  as  such. 

Age  of  operator. — The  ago  of  the  farm  operator,  as  ascertained 
in  the  1954  Census  of  Agriculture,  was  copied  onto  transcription 
cards.  These  age  figures  were  transferred,  with  other  informa- 
tion, onto  punch  cards.  Thus,  it  is  possible  to  present  herein 
some  characteristics  of  mortgaged  farms  of  full  owners  and  of 
part  owners,  arrayed  according  to  the  age  of  the  operator  in  1954. 
A  distribution  of  all  full  owners  and  of  all  part  owners  had  already 
been  made  in  an  earlier  phase  of  the  processing  of  the  1954  Census 
of  Agriculture  data.  Table  14  presents  an  array  of  all  full  owners 
and  of  all  part  owners,  b}'  age,  and  the  proportion  in  each  of  these 
tenure  groups  which  had  a  mortgage  on  their  own  land.  The 
array,  by  age,  for  the  entire  group  of  full  owners  and  of  part 
owners  was  based  en  the  age  reported,  in  1954,  for  the  1954  sample 
group  of  farms.  (See  Introduction  of  Volume  II  of  the  reports 
of  the  1954  Census  of  Agriculture  for  a  full  description  of  this 
sample.)  The  array,  by  age  (prevailing  at  the  taking  of  the  1954 
Census),  for  the  mortgaged  full  owners  and  for  the  mortgaged 
part  owners  is  based  on  an  expansion  of  data  representing  the 
encumbered  farms  (as  of  January  1,  1956)  for  a  smaller  group 
of  farms. 

The  proportion  of  farms  of  full  owners  which  were  under 
mortgage,  by  age  groups,  is  given  herein  for  1930,  1940,  and  1956 
(latter  adjusted  to  the  1954  number  of  farms).     A  similar  age  dis- 


tribution was  made  for  several  Censuses  prior  to  1930.  Data  for 
these  earlier  years  may  be  found  in  Volume  III  of  the  reports  for 
the  1940  Census  of  Agriculture.  That  report  also  gives  some  age 
data  distributed  by  mortgage  status  and  by  color  of  operator. 
No  age  data,  for  mortgaged  farms,  are  available  from  the  1945 
and  1950  Censuses.  A  distribution  of  part-owner  farm  operators, 
by  mortgage  status,  by  age  is  available  only  for  1940  and  1956. 
The  average  age  of  full  owners  and  of  part  owners,  by  mortgage 
status,  is  available  only  for  1940.  These  averages  appear  in 
Volume  III  of  the  reports  for  the  1940  Census  of  Agriculture. 

Economic  class  of  farm. — For  the  1954  Census  of  Agriculture, 
farms  were  divided  into  two  major  groups — commercial  farms  and 
other  farms  and  each  group  was  subdivided  as  follows: 

Commercial  farms  were  divided  into  six  groups  on  the  basis 
of  the  total  value  of  all  farm  products  sold,  as  follows: 

Class  of  farm  Value  of  farm  products  sold 

I .-_.  $25,000  or  more. 

II . $10,000  to  $24,999. 

III_ $5,000  to  $9,999. 

IV $2,500  to  $4,999. 

V $1,200  to  $2,499. 

VI $250  to  $1,199.1 

■  Farms  were  classified  as  Class  VI  only  when  the  farm  operator  reported  that 
he  worked  oft  the  farm  less  than  100  days,  and  that  the  income  the  farm  operator 
and  members  of  his  family  received  from  nonfarm  sources  was  less  than  the  total 
value  of  all  farm  products  sold. 

Other  farms  have  been  grouped  into  three  classes  as  follows: 

Part-time  farms. — Farms  with  a  value  of  sales  of  farm 
products  of  $250  to  $1,199  were  classified  as  part  time  if  the 
farm  operator  reported  (a)  100  or  more  days  of  work  off  the 
farm  in  1954,  or  (b)  the  other  income  received  by  him  and 
members  of  his  family  was  greater  than  the  value  of  farm 
products  sold. 

Residential  farms. — Residential  farms  include  all  farms 
except  abnormal  farms  with  a  total  value  of  farm  products 
sold  of  less  than  $250.  Some  of  these  represent  farms  on 
which  the  operator  worked  off  the  farm  more  than  100  days 
in  1954.  Some  represent  farms  on  which  the  income  from 
nonfarm  sources  was  greater  than  the  value  of  sales  of  agri- 
cultural products.  Others  represent  subsistence  and  marginal 
farms  of  various  kinds.  Some  farms  are  included  here  which, 
if  the  classification  were  based  on  farm  production  for  more 
than  1  year,  might  have  qualified  as  commercial  farms. 

Abnormal  farms. — Insofar  as  it  was  possible  to  identify  them, 
abnormal  farms  include  all  public  and  private  institutional 
farms,  community  enterprises,  experiment-station  farms, 
grazing  associations,  etc.  Abnormal  farms  were  usually  con- 
sidered to  be  corporate-operated  farms.  As  mentioned 
before,  all  corporate  farms  were  considered  to  be  free  of 
mortgage. 

Farms  by  type. — The  classification  of  farms  by  type  was  made 
on  the  basis  of  the  relationship  of  the  value  of  sales  from  a  par- 
ticular source  or  sources  to  the  total  value  of  all  farm  products 
sold  from  the  farm.  In  some  cases,  the  type  of  farm  was  de- 
termined on  the  basis  of  the  sale  of  an  individual  farm  product, 
such  as  cotton,  or  on  the  basis  of  closely  related  products,  such 
as  dairy  products.  In  other  cases,  the  type  was  determined  on 
the  basis  of  sales  of  a  broader  group  of  products  such  as  corn, 
sorghums,  all  small  grains,  field  peas,  field  beans,  cowpeas,  and 
soybeans.  Part-time,  residential,  and  abnormal  farms  were  not 
classified  by  type.  In  order  to  be  classified  as  a  particular  type, 
sales  or  anticipated  sales  of  a  product  or  a  group  of  products  had 
to  represent  50  percent  or  more  of  the  total  value  of  products  sold. 

The  data  given  in  this  report  by  type  of  farm  relate  only  to 
commercial  farms  operated  by  full  owners. 


FARM-MORTGAGE  DEBT 


11 


The  types  of  farms  for  which  data  are  shown,  together  with 
the  product  of  group  of  products  on  which  the  classification  is 
based,  are: 

Type  of  farm  Product  or  group  of  products  amounting  to  SO  percent 

or  mart  of  the  value  of  all  farm  products  sold 

Cotton Cott on  (lint  and  seed) . 

Cash-grain Corn,  sorghum,  small  grains,  field  peas, 

field  beans,  cowpeas,  and  soybeans. 

Other  field-crop Peanuts,  Irish  potatoes,  sweetpotatoes, 

tobacco,  sugarcane,  sugar  beets  for 
sugar,  and  other  miscellaneous  crops. 

Vegetable Vegetables. 

Fruit-and-nut Berries  and  other  small  fruits,  and  tree 

fruits,  nuts,  and  grapes. 

Dairy Milk   and   other  dairy   products.     The 

criterion  of  50  percent  of  the  total 
sales  was  modified  in  the  case  of  dairy 
farms.  A  farm  for  which  the  value 
of  sales  of  dairy  products  represented 
less  than  50  percent  of  the  total  value 
of  farm  products  sold  was  classified 
as  a  dairy  farm  if — 

(a)  Milk  and  other  dairy  products 
accounted  for  30  percent  or 
more  of  the  total  value  of 
products  sold,  and 
(.6)  Milk  cows  represented  50  per- 
cent or  more  of  all  cows,  and 
(c)  Sales  of  dairy  products,  together 
with  the  sales  of  cattle  and 
calves,  amounted  to  50  per- 
cent or  more  of  the  total  value 
of  farm  products  sold. 

Poultry Chickens,     eggs,     turkeys,     and    other 

poultry  products. 
Livestock    farms    other     Cattle,  calves,  hogs,  sheep,  goats,  wool, 
than  dairy  and  poul-         and   mohair,   provided  the  farm  did 
try.  not  qualify  as  a  dairy  farm. 

General Farms  were  classified  as  general  when 

the  value  of  products  from  one  source 
or  group  of  sources  did  not  represent 
as  much  as  50  percent  of  the  total 
value  of  all  farm  products  sold.  Sep- 
arate figuies  are  given  for  three  kinds 
of  general  farms: 
(a)  Primarily  crop. 
(6)  Primarily  livestock, 
(c)  Crop  and  livestock. 
Primarily  crop  farms  are  those  for  which 
the  sale  of  one  of  the  following  crops 
or  groups  of  crops — vegetables,  fruits 
and  nuts,  cotton,  cash  grains,  or  other 
field  crops — did  not  amount  to  50 
percent  or  more  of  the  value  of  all 
farm  products  sold,  but  for  which  the 
value  of  sales  for  all  these  groups  of 
crops  represented  70  percent  or  more 
of  the  value  of  all  farm  products  sold. 
Primarily  livestock  farms  are  those  which 
could  not  qualify  as  dairy  farms, 
poultry  farms,  or  livestock  farms 
other  than  dairy  and  poultry,  but  for 
which  the  sale  of  livestock  and  poul- 
try and  livestock  and  poultry  prod- 
ucts amounted  to  70  percent  or  more 
of  the  value  of  all  farm  products  sold. 
General  crop  and  livestock  farms  are 
those  which  could  not  be  classified  as 
either  crop  farms  or  livestock  farms, 
but  for  which  the  sale  of  all  crops 
amounted  to  at  least  30  percent  but 
less  than  70  percent  of  the  total  value 
of  all  farm  products  sold. 

Miscellaneous This  group  of  farms  includes  those  that 

had  50  percent  or  more  of  the  total 
value  of  products  accounted  for  by 
sale  of  horticultural  products,  or  sale 
of  horses,  or  sale  of  forest  products. 


FARM-MORTGAGE  DEBT 

Farm-mortgage  debt  on  January  1,  1956,  for  the  United  States, 
is  estimated  at  $9,060  million,  an  increase  of  62  percent  from  the 
amount  on  January  1,  1950.  In  this  6-year  period  there  were 
significant  increases,  not  only  in  the  amount  of  outstanding  farm- 
mortgage  debt,  but  also  in  the  proportion  and  number  of  owner- 
operated  farms  which  were  mortgaged  and  in  the  acreage  and 
value  of  mortgaged  farms.  However,  the  average  ratio  of  debt 
to  value  for  mortgaged  farms  for  1956  was  slightly  below  that 
for  1950.  Interest  rates  on  farm  mortgages  rose  in  this  period, 
and  increases  in  the  amount  of  farm-mortgage  debt  held  were 
shown  by  all  important  types  of  lenders. 

Amount  of  farm-mortgage  debt. — The  estimate  of  $9,066  million 
for  farm-mortgage  debt  for  January  1,  1956,  compares  with  $5,579 
million  on  January  1,  1950.  Although  there  was  an  increase  of 
62  percent  during  the  6-year  period,  the  1956  total  was  about 
6  percent  below  the  $9,631  million  estimated  for  1930.  The  peak 
in  farm-mortgage  debt  occurred  in  1923  when  the  total  was  $10,786 
million,  according  to  estimates  of  the  United  States  Department 
of  Agriculture.  The  lowest  point  reached  following  the  1923  high 
was  in  1946  when  the  United  States  Department  of  Agriculture 
estimate  of  total  farm-mortgage  debt  was  $4,760  million.  Since 
1946,  the  total  has  increased  each  year.  The  average  annual 
increase  in  the  years  1950  to  1955  was  about  $581  million,  or 
about  4^2  times  the  average  annual  increase  during  the  years  1945 
to  1949. 

Factors  in  the  increase  in  farm-mortgage  debt  from  1950  to 
1956  include  a  rise  in  farm  real  estate  values  which  tends  to  increase 
the  amount  which  may  be  borrowed  on  the  security  of  farm  mort- 
gages. The  average  value  per  acre  of  land  in  mortgaged  farms 
was  estimated  at  $104  per  acre  for  January  1,  1956,  which  com- 
pares with  $73  per  acre  6  years  earlier.  Second,  although  the 
rate  of  farm  transfers  according  to  the  United  States  Department 
of  Agriculture  estimates,  was  lower  during  the  1950-55  period 
than  during  the  1946-49  period,  the  proportion  of  sales  involving 
credit  financing  was  higher  in  the  latter  period  and  the  ratio  of 
debt  to  consideration  in  credit-financed  sales  was  also  higher. 
Third,  the  availability  of  farm-mortgage  credit  appears  to  have 
been  generally  adequate  during  this  period.  The  Farm  Credit 
Administration  estimates  that  the  average  annual  amount  of  farm 
mortgages  recorded  was  $1,887  million  during  the  years  1950-55, 
an  increase  of  38  percent  from  the  average  of  $1,363  million  during 
the  1945-49  period. 

Farm-mortgage  debt  on  full-owner  farms  in  1956  was  52  percent 
higher  than  in  1950,  while  there  was  an  increase  of  96  percent 
in  the  debt  on  part-owner  farms  (operator-owned  portion  only). 
Debt  on  land  rented  or  managed  by  farm  operators  rose  58  per- 
cent in  the  same  6-year  period. 

Increases  in  total  farm-mortgage  debt  were  generally  higher  in 
the  South  and  West  than  in  the  North.  On  a  geographic  division 
basis,  the  highest  rate  of  increase  from  1950  to  1956,  90  percent, 
occurred  in  the  Mountain  States  and  the  lowest  increase,  34  per- 
cent, was  in  the  New  England  States. 

Average  debt  per  mortgaged  full-owner  farm  in  1956  was  $5,200 
compared  with  an  average  value  of  $19,400  and  the  owner's  equity 
of  $14,200.  For  the  operator-owned  portions  of  part-owner  farms 
the  average  debt,  value,  and  equity  per  farm  were,  respectively, 
$6,300,  $24,700,  and  $18,400.  The  average  ratio  of  debt  to  value 
for  all  mortgaged  farms  in  1956  was  25.0  percent  which  was  not 
significantly  below  the  25.3  figure  for  1950.  The  1956  debt  to 
value  ratios  were  27  percent  for  mortgaged  full-owner  farms,  25 
percent  for  the  operator-owned  portions  of  part-owner  farms,  and 
21  percent  for  rented  and  managed  land.  For  each  tenure,  the 
ratio  of  debt  to  value  in  1956  was  about  the  same  as  in  1950. 


12 


FARM-MORTGAGE  DEBT 


Number  of  owner-operated  mortgaged  farms. — The  total  num- 
ber of  owner-operated  mortgaged  farms  in  1956  (including  only  the 
operator-owned  portion  of  part-owner  farms)  is  estimated  as 
1,278,000,  an  increase  of  9  percent  from  the  1,176,000  mortgaged 
in  1950.  The  increase  in  the  number  of  mortgaged  owner- 
operated  farms  occurred  notwithstanding  a  decrease  of  8  percent 
in  the  total  number  of  owner-operated  farms.  The  proportion  of 
owner-operated  farms  which  were  mortgaged  was  35  percent  in 
1956  as  compared  with  30  percent  in  1950  and  44  percent  in  1940. 
As  in  previous  Censuses,  the  proportion  of  part-owner  farms  which 
were  mortgaged  in  1956  was  higher  than  that  for  full  owners.  In 
1956,  42  percent  of  the  part-owner  farms  had  mortgage  indebted- 
ness as  compared  with  33  percent  of  full-owner  farms. 

In  every  geographic  division  the  proportion  of  owner-operated 
farms  mortgaged  was  higher  in  1956  than  in  1950.  The  lowest 
proportions  of  full-owner  farms  mortgaged  in  1956  were  in  the 
South  Atlantic  and  East  South  Central  States  where  only  26  per- 
cent were  mortgaged.  The  highest  proportion  mortgaged  was  46 
percent  in  the  Pacific  States;  in  the  Mountain  States,  the  propor- 
tion was  44  percent,  and  in  the  New  England  States,  it  averaged 
42  percent.  In  the  case  of  part-owner  farms  (operator-owned 
portion  only),  54  percent  were  mortgaged  in  the  New  England 
States  and  51  percent  in  the  Pacific  States,  but  in  the  South 
Atlantic  and  East  South  Central  States  the  ratio  of  mortgaged 
part-owner  farms  to  the  total  was  only  37  percent. 

Acreage  in  mortgaged  farms. — Total  land  in  mortgaged  farms 
on  January  1,  1956,  is  estimated  as  348,687,000  acres,  about  30 
percent  of  the  total  land  in  all  farms.  This  represents  an  increase 
of  45,077,000  acres,  or  15  percent,  since  1950.  Not  all  of  the  land 
in  mortgaged  farms  is  actually  under  mortgage.  Data  on  land 
actually  under  mortgage  are  not  available  for  1956,  but  estimates 
of  the  United  States  Department  of  Agriculture  indicated  that  81 
percent  of  all  land  in  mortgaged  farms  was  mortgaged  in  1950. 
(Bierman,  R.  W.,  United  States  Mortgaged  Farms,  1950:  Esti- 
mates by  Ratio  of  Debt  to  Value.  United  States  Department  of 
Agriculture,  Agr.  Res.  Serv.,  ARS  43-13,  54  pp.,  illus.  August 
1955.)  The  ratio  of  land  in  mortgaged  farms  to  total  land  in  all 
farms  varied,  by  tenure  in  1956,  from  16  percent  for  rented  and 
managed  land  to  38  percent  for  full-owner  farms  and  to  45  percent 
for  operator-owned  land  in  part-owner  farms. 

The  average  size  of  mortgaged  full-owner  farms  in  1956  was  164 
acres  as  compared  with  151  acres  in  1950.  As  in  previous  Cen- 
suses, mortgaged  full-owner  farms  were  usually  larger  than  those 
free  from  mortgage.  The  average  size  of  unmortgaged  full-owner 
farms  in  1956  was  135  acres.  Similarly,  part  owners  with  a 
mortgage,  as  an  average,  owned  and  operated  318  acres  while 
those  free  from  debt  owned  and  operated  only  288  acres.  Mort- 
gaged full-owner  farms  averaged  larger  than  those  free  from  debt 
in  all  geographic  divisions  except  in  the  Pacific  Division.  In  the 
case  of  part  owners  (operator-owned  portion  only)  the  mortgaged 
farms  averaged  larger  than  those  free  from  debt  except  in  the 
West  North  Central  and  Mountain  States. 

Value  of  mortgaged  farms. — The  estimated  average  value  per 
acre  of  land  in  mortgaged  farms  in  1956  was  $104  as  compared  to 
$73  in  1950.  Land  free  from  debt  had  a  1956  average  value  of  $87 
per  acre  while  the  average  for  all  land  in  farms  is  estimated  as  $92. 
In  1950,  the  average  value  per  acre  for  all  farms  was  $64.  The 
general  pattern  in  this  and  in  previous  recent  Censuses,  for  owner- 
operated  lands,  is  for  land  in  mortgaged  farms  to  have  a  higher 
value,  on  the  average,  than  land  in  farms  free  from  debt.  The 
estimated  value  of  land  actually  under  mortgage  is  not  shown  in 
this  report;  estimates  of  the  United  States  Department  of  Agri- 
culture are  that,  in  1950,  mortgaged  land  accounted  for  85  percent 
of  the  value  of  all  land  in  mortgaged  farms  and  that  mortgaged 
land  averaged  31  percent  higher  in  value  per  acre  than  unmort- 


gaged land  in  mortgaged  farms.  (Bierman,  R.  W.,  United  States 
Mortgaged  Farms,  1950:  Estimates  by  Ratio  of  Debt  to  Value. 
United  States  Department  of  Agriculture,  Agr.  Res.  Serv.,  ARS 
43-13,  54  pp.,  illus.  August  1955.) 

The  average  value  of  mortgaged  full-owner  farms  in  1956  was  35 
percent  above  that  for  full-owner  farms  free  from  debt,  and  this 
difference  was  observed  in  each  geographic  division.  For  the 
United  States,  the  average  value  of  land  and  buildings  in  all  full- 
owner  farms  was  $16,000,  those  which  were  mortgaged  were 
valued  at  $19,400,  and  those  free  from  debt  had  an  average  value 
of  $14,400.  The  operator-owned  portions  of  mortgaged  part- 
owner  farms  were  valued  at  $24,700  on  the  average  while  the 
average  value  for  those  free  from  debt  was  $19,800  in  1956. 

The  proportion  of  the  total  value  for  all  farms  represented  by 
the  value  of  land  and  buildings  for  mortgaged  farms  rose,  for  each 
tenure  group,  from  1950  to  1956.  In  1956,  40  percent  of  the  total 
value  of  full-owner  farms  was  in  mortgaged  farms,  and  the  propor- 
tions were  48  percent  for  the  operator-owned  portions  of  part- 
owner  farms  and  22  percent  for  rented  and  managed  land.  Differ- 
ences in  these  proportions,  between  tenures,  are,  in  general, 
similar  to  those  for  previous  Censuses. 

Interest  charges  and  rates. — The  average  interest  rate  on  total 
outstanding  farm-mortgage  debt  on  January  1,  1956,  was  4.7 
percent  which  compares  with  4.5  percent  in  1950  and  1945,  4.6 
percent  in  1940,  and  6.0  percent  in  1930.  The  average  rate  was 
4.8  percent  for  full  owners,  4.7  percent  for  part  owners,  and  4.6 
percent  for  farm-mortgage  debt  secured  by  rented  and  managed 
land.  A  higher  rate  for  full  owners  than  for  other  tenures  was 
reported  in  1950  when  the  rate  for  full  owners  was  4.5  percent  and 
that  for  part  owners  and  for  tenant-  and  manager-operated  farms 
was  4.4  percent. 

In  1956,  by  geographic  divisions,  the  highest  average  interest 
rates  were  in  the  South  Atlantic  States  where  the  average  was  5.1 
percent.  The  lowest  rates  were  in  the  West  North  Central 
States  where  they  averaged  4.4  percent.  The  regional  pattern 
of  farm-mortgage  interest  rates  is  similar  to  that  reported  for  the 
1950  and  previous  Censuses  of  Agriculture. 

Interest  rates  vary  considerably  between  types  of  lender.  In 
general,  rates  of  individual  and  miscellaneous  lenders  and  oper- 
ating banks  were  highest  followed  in  order  by  life  insurance  com- 
panies, the  Federal  land  banks,  and  the  Farmers'  Home  Admin- 
istration. Loans  of  the  Farmers'  Home  Administration  reported 
in  the  1956  survey  carried  an  average  rate  of  3.9  percent.  The 
Farm  Credit  Administration  reports  an  average  rate  of  4.1  percent 
on  Federal  land  bank  loans  on  January  1,  1956.  At  that  time, 
9  of  the  12  Federal  land  banks  had  a  rate  of  4.0  percent.  The 
Federal  land  banks  of  Springfield,  Mass.  and  Baltimore,  Md., 
charged  4.5  percent,  and  the  Federal  Land  Bank  of  Columbia, 
S.  C,  had  a  rate  of  5.0  percent.  Life  insurance  companies  are 
the  most  important  institutional  lenders,  and  their  borrowers 
reported  an  average  rate  of  4.6  percent.  All  operating  banks 
(commercial,  savings,  and  private)  averaged  4.9  percent.  Farm- 
mortgage  interest  rates  for  indebtedness  held  by  individuals  aver- 
aged 4.7  percent  and  for  miscellaneous  lenders  averaged  5.0 
percent.  In  general,  the  average  rates  by  lenders  display  similar 
regional  patterns  and  tend  to  be  higher  in  the  South  and  in  New 
England  and  lowest  in  the  North  Central  States. 

Miscellaneous  lenders  in  the  West  South  Central  Division  show 
a  relatively  low  average  rate  of  interest.  This  is  partly  the  result 
of  various  States  in  this  division  authorizing  veteran's  loans  at 
low  interest  rates.  Interest  rates  in  the  miscellaneous  lender 
group  are  also  affected  by  an  increased  volume  of  low  interest 
drought  relief  loans,  particularly  in  Oklahoma  and  Texas. 


FARM-MORTGAGE  DEBT 


13 


In  general,  interest  rates  on  mortgages  held  by  individuals  were 
lower  than  those  of  either  banks  or  miscellaneous  lenders.  This 
may  be  explained,  in  part,  by  the  practice  of  many  farm  operators 
to  sell  their  farms  to  members  of  their  own  families  or  for  individ- 
uals to  make  loans  to  relatives  at  a  low  rate  of  interest.  Many 
individuals  who  sell  farm  real  estate,  and  receive  a  mortgage  as 
part  of  the  consideration,  are  willing  to  accept  a  lower  rate  of 
interest  than  lending  institutions  which  rely  solely  on  investment 
income. 

The  most  common  interest  rates  charged  on  farm  mortgages 
outstanding  January  1,  1956,  were  4  percent,  5  percent,  and  6 
percent.  In  the  case  of  full  owners  with  mortgaged  farms,  37 
percent  reported  an  interest  rate  between  4.00  and  4.99  percent, 
23  percent  a  rate  between  5.00  and  5.99  percent,  and  29  percent  a 
rate  between  6.00  and  6.99  percent.  Only  5  percent  of  all  full- 
owners  reported  an  interest  rate  of  7.0  percent  or  more  and  only  6 
percent  reported  less  than  4.0  percent.  The  distribution  of 
mortgaged  farms  of  part  owners  by  interest  rates  was  similar  to 
that  of  full  owners.  The  proportions  of  farms  reporting  higher 
interest  rates  tended  to  be  larger  in  the  Southern  and  Western 
States  and  smaller  in  the  North  Central  States  than  in  other  areas. 

A  comparison  of  the  proportions  of  full  owners  with  mortgaged 
farms  reporting  specified  rates  of  interest  on  farm  mortgages  from 
1920  to  1956  shows  a  decline  in  the  proportions  in  the  higher-rate 
groups  and  an  increase  in  the  proportions  in  the  middle-  and 
lower-rate  groups.  These  data  appear  in  Table  C.  The  most 
noticeable  decrease  is  in  mortgages  with  rates  of  7.00  percent  or 
more;  29  percent  of  mortgaged  full-owner  farms  were  in  this 
group  in  1920  but  by  1956  only  5  percent  had  this  rate.  Similarly, 
only  3  percent  paid  less  than  5.00  percent  interest  in  1920,  but  the 
proportion  was  46  percent  in  1951  and  43  percent  in  1956. 

Table  C. — Percentage  Distribution  of  Mortgaged  Full- 
owner  Farms,  by  Rate  of  Interest,  for  the  United  States: 
1956,  1951,  1940,  and  1920  * 


AU  mortgaged  full-owner  farms 

Under  4.00  percent 

4.00  to  4.99  percent. 

5.00  to  5.99  percent 

6.00  to  6.99  percent ._ _. 

7.00  percent  and  over 


Debt  held  by  principal  lenders. — While  total  farm-mortgage 
debt  increased  62  percent  from  1950  to  1956,  the  rate  of  increase 
varied  considerably  by  type  of  lender.  The  highest  rate  of  in- 
crease was  the  94  percent  shown  by  insurance  companies.  Other 
increases  by  type  of  lender  were:  All  operating  banks,  44  percent; 
Farmers'  Home  Administration,  47  percent;  Federal  land  banks, 
53  percent;  and  the  residual  group  of  individual  and  miscellaneous 
lenders,  59  percent.  Of  the  increase  of  $3,487  million  in  total 
farm-mortgage  debt  from  1950  to  1956,  39  percent  or  $1,374 
million  is  accounted  for  by  increased  holdings  of  individual  and 
miscellaneous  lenders.  Holdings  of  life  insurance  companies 
increased  $1,099  million  and  made  up  32  percent  of  the  total 
increase,  and  the  increase  of  $515  million  for  Federal  land  banks 
was  15  percent  of  the  total  increase. 

Farm-mortgage  holdings  of  the  Federal  land  banks  (including 
loans  of  the  Federal  Farm  Mortgage  Corporation  transferred  to 
the  land  banks  in  1955)  increased  in  nearly  every  State  during 


1956 

1951  ■ 

1940 

Percent 

Percent 

Percent 

100 

100 

100 

6 

7 

8 

37 

39 

21 

23 

24 

30 

29 

25 

31 

S 

S 

10 

the  1950-56  period.  The  largest  relative  increase  was  71  percent 
in  the  Mountain  Division  and  the  smallest  was  19  percent  in  New 
England.  In  1956,  Federal  land  bank  loans  were  most  important 
in  the  West  North  Central  and  West  South  Central  divisions; 
there  they  made  up  20  percent  of  the  total. 

Life  insurance  companj'  farm  mortgage  holdings  were  most 
important  in  the  West  South  Central,  West  North  Central,  and 
Mountain  Divisions  accounting  for  40,  33,  and  31  percent,  re- 
spectively, of  all  farm  mortgage  debt  in  these  divisions.  The 
greatest  increase  in  insurance  company  mortgages,  217  percent, 
occurred  in  the  South  Atlantic  Division.  In  5  of  the  9  geographic 
divisions,  the  increase  in  farm  mortgages  held  by  insurance  com- 
panies was  more  than  100  percent  from  1950  to  1956. 

Farm  mortgage  loans  of  all  operating  banks,  as  a  percentage  of 
total  mortgage  debt,  was  highest  in  New  England  with  27  percent. 
The  West  South  Central  Division  showed  the  largest  percentage 
increase  in  bank  loans,  6S  percent  over  1950. 

The  all  other  lender  group  (including  individuals  and  miscel- 
laneous lenders)  was  the  largest  holder  of  farm-mortgage  debt  in 
all  divisions  except  the  West  South  Central.  These  lenders  held  81 
percent  of  all  farm-mortgage  debt  in  New  England,  78  percent  in 
the  Middle  Atlantic  Division,  and  72  percent  in  the  Pacific 
Division.  Since  1950,  the  greatest  increase  in  debt  held  by  this 
group  of  lenders,  81  percent,  occurred  in  the  South  Atlantic 
Division. 

Ratio  of  debt  to  value. — The  largest  number  of  mortgaged  farms 
(full  owners  and  part  owners  combined)  in  every  geographic 
division  fell  into  the  ratio  of  debt-to-value  groups  of  10-19  percent 
and  20-29  percent.  This  was  also  true  for  full-owner  and  part- 
owner  farms  individually  with  the  exception  of  the  South  Atlantic 
Division  where  the  number  of  full-owner  farms  was  highest  in  the 
under-10  percent  and  the  10-19  percent  ratio  of  debt-to-value 
groups.  The  number  of  mortgaged  farms  with  ratio  of  debt  to 
value  of  30  percent  or  higher  generally  declined  as  the  ratios 
increased  so  that  only  5  percent  of  all  mortgaged  farms  had  ratios 
of  80  percent  or  above. 

Land  in  mortgaged  farms  was  distributed  among  the  ratio  of 
debt-to-value  groups  in  nearly  the  same  proportions  as  number 
of  farms.  The  10-19  percent  group  and  the  20-29  percent  group 
contained  the  largest  number  of  acres  in  most  divisions.  There 
appeared  to  be  a  negative  relationship  between  average  number 
of  acres  per  mortgaged  farm  and  ratio  of  debt  to  value.  Farms 
with  low  ratios  of  debt  to  value  tended  to  be  larger  than  farms 
with  high  debt-to-value  ratios. 

Value  of  land  and  buildings  on  mortgaged  farms  was  highest 
in  the  under-10  percent  and  the  10-19  percent  ratio  of  debt-to- 
value  groups.  Average  values  per  farm  and  per  acre  tended  to 
decline  as  the  ratio  of  debt  to  value  increased. 

The  debt-to-value  comparisons  would  indicate  that  high  debt 
ratios  occur  most  frequently  among  farms  having  relatively  small 
acreages  and  low  total  values. 

Mortgage  debt  by  age  of  operator. — The  available  data  indicate 
that  farm  operators,  whose  farms  are  mortgaged,  are  somewhat 
younger  than  those  whose  farms  are  free  from  mortgage  indebted- 
ness. The  median  age  of  all  full-owners  in  1954  was  54.0  years 
as  compared  with  47.8  years  for  those  reporting  mortgage  indebted- 
ness in  1956.  The  age  group  under  35  shows  a  higher  proportion 
of  mortgaged  farms  than  any  other  group.  As  the  age  of  the 
operator  increases,  the  percentage  of  the  mortgaged  farms  decreases. 
For  full-owners,  56.8  percent  of  those  under  35  years  of  age  were 
operating  mortgaged  farms  as  compared  with  15.6  percent  of  those 
65  years  or  older. 


14 


FARM-MORTGAGE  DEBT 


The  distribution,  by  age,  for  mortgaged  farms  operated  by 
part-owners  is  similar  to  that  for  full-owners.  The  median  age 
of  44.5  for  part-owners  reporting  mortgage  indebtedness  compares 
with  the  median  age  of  47.7  for  all  part  owners. 

The  increased  proportion  of  mortgaged  farms  in  the  under-35 
age  group,  in  1956  as  compared  with  1940,  reflects,  in  part,  the 
increasing  requirements  and  opportunities  for  use  of  capital  by 
beginning  farm-operators  and  also  their  willingness  and  ability  to 
incur  a  mortgage  for  the  purchase  or  expansion  of  their  farm 
enterprise.  It  may  also  indicate  a  more  rapid  movement  of  young 
farmers  from  tenant  to  owner-operator  status. 

The  concentration  of  the  amount  of  mortgage  debt  among 
younger  operators  is  further  shown  in  Tables  15  and  16.  Average 
mortgate  debt  per  farm  and  per  acre  was  highest  in  the  under-35- 
years-of-age  group.  Ratio  of  debt  to  value  and  average  debt 
declined  as  age  of  operator  increased.  Average  size  and  average 
value  of  mortgaged  farms  in  each  age  group  generally  increased 
with  age  of  operator. 

Mortgage  debt  by  economic  class  of  farm. — Table  D  shows  the 
proportion  of  mortgaged  full-owner  farms  and  part-owner  farms 
in  each  economic  class.  Since  gross  income  is  the  chief  determi- 
nant of  economic  class,  the  data  in  that  table  reveal  a  high  positive 
correlation  between  gross  income  per  farm  and  the  occurrence  of 
mortgage  debt.  These  data  and  those  in  Table  17  indicate  that, 
for  full-owners,  commercial  farms  represent  58  percent  of  all  farms 

Table  D. — Number  of  Full'Owner  and  Part-owner  Farms 
and  Proportion  Mortgaged,  by  Economic  Class  of  Farm, 
for  the  United  States:  1956 


Full 

-owner  farms 

Par 

-owner  farms 

Economic  class  of  farm 

Total 
number 

Number 
mort- 
gaged 

Percent 
mort- 
gaged 

Total 
number 

Number 
mort- 
gaged 

Percent 
mort- 
gaged 

2, 744, 708 

1,  594, 192 
47, 195 
158, 191 
296,  721 
391,879 
406,  22i! 
293,  984 

1,150,516 

419,  726 

730, 606 

184 

909, 239 

602, 756 
22,  383 
73, 803 
137,  351 
158,  612 
148,  861 
61,  746 
306,  4S3 
139,  352 
167, 131 

33.1 

87.8 
47.4 
46.7 
46.3 
40.5 
36.6 
21.0 
26.6 
33.2 
22.9 

868, 180 

756,  233 
81,  206 
149,  427 
199, 043 
177,  593 
125, 886 
53,  078 
111,  947 
66, 635 
45, 272 
40 

368, 269 

337, 537 
25,  709 
72, 903 
98, 138 
79,  570 
46,  541 
14, 676 
30,  732 
20,  985 
9,747 

Commercial  farms 

44.6 

Class  II 

Class  III 

Class  IV 

Class  VI 

but  account  for  66  percent  of  all  mortgaged  farms.  Likewise, 
from  Table  D  and  Table  18,  it  is  shown  that  commercial  farms 
account  for  87  percent  of  all  part-owner  farms  and  92  percent  of 
mortgaged  farms. 

The  average  size  of  farm,  the  average  value  of  land  and  build- 
ings, and  the  average  amount  of  mortgage  debt  for  mortgaged 
farms  tended  to  be  higher  for  farms  with  relatively  high  gross 
income.  Average  size,  value,  and  debt  per  farm  and  per  acre 
showed  a  rather  constant  decrease  from  Economic  Class  I  through 
Economic  Class  VI. 

A  negative  correlation  exists,  in  a  limited  degree,  between  ratio 
of  debt  to  value  and  gross  income  per  farm.  Farms  with  high 
gross  income  generally  had  lower  debt-to-value  ratios  than  did 
low-income  farms.  The  relatively  large  debt  per  farm  and  per 
acre  among  high-income  farms  was  apparently  more  than  offset  by 
the  high  value  of  land  and  buildings  in  these  economic  classes. 
Debt  loads,  as  measured  by  ratios  of  debt  to  value,  were  usually 
highest  among  relatively  low-income  farms. 

Mortgage  debt  by  type  of  farm. — Tables  E  and  19  contain  data 
for  1956  for  mortgaged  full-owner  commercial  farms  by  type  of 
farm.  There  are  no  comparable  data  for  earlier  years.  Without 
these,  observations  on  trends  cannot  be  made.  It  is  apparent 
that  certain  types  of  farms  are  located  predominantly  in  one 
region  and  are  thus  influenced  by  characteristics  of  that  region. 

Table  E  shows  the  proportion  of  full-owner  commercial  farms 
mortgaged  by  type  of  farm.  The  data  in  that  table  indicate  as 
much  of  a  variation  in  proportion  of  farms  mortgaged  for  a  given 
type  among  regions  as  between  types  in  the  same  region.  The 
highest  proportion  of  mortgaged  farms  for  each  type,  with  one 
exception,  is  in  the  West.  The  South  had  the  lowest  proportion 
of  mortgaged  farms  with  the  exception  of  one  type. 

Variations  in  average  size  of  farm,  average  value  of  land  and 
buildings,  and  average  mortgage  debt  by  type  of  farm,  as  shown 
in  Table  19,  reflect  differences  in  the  characteristics  of  various 
types  of  mortgaged  farms  in  each  geographic  division.  For  the 
United  States,  two  types,  field-crop  farms  other  than  vegetable 
and  fruit-and-nut  and  livestock  farms  other  than  dairy  and  poultry, 
account  for  more  than  one-half  of  all  land,  value,  and  debt  in 
mortgaged  full-owner  commercial  farms. 

Ratio  of  debt  to  value,  for  the  United  States  as  a  whole,  shows 
less  variation  than  average  size,  value,  and  debt  by  type  of  farm. 
Dairy  farms  have  the  highest  ratio  of  debt  to  value,  31.8  percent, 
while  vegetaWe  farms  have  the  lowest  with  a  22.0  percent  ratio. 


Table  E. — Number  of  Full-Owner  Commercial  Farms  With  Proportion  Mortgaged  by  Type  of  Farm,  for  the  United  States 

and  Regions:  1956 


The  United  Stales 


Total  num 
ber  of 

full-owner 
farms 


Per- 
cent 
mort- 


Total  num 
ber  of 

full -owner 
farms 


Per- 
cent 
mort- 


Total  num- 
ber of 

full-owner 
farms 


Number 
mort- 
gaged 


Per- 
cent 
mort- 


Total  num 
ber  of 

full-owner 
farms 


Number 
mort- 
gaged 


Per- 
cent 
mort- 


Full-owner  farms 

Commercial  farms,  total 

Field-crop  farms   other   than   vegetable   and 

fruit-and-nut 

Cash-grain 

Cotton _ 

Other  field-crop 

Vegetable  farms _.. 

Fruit-and-nut  farms 

Dairy  farms 

Poultry  farms 

Livestock  farms  other  than  dairy  and  poultry.- 

General  farms 

Primarily  crop.. 

Primarily  livestock 

Crop  and  livestock 

Miscellaneous  farms. 

Other  farms,  total 


4('.n,  sr, 

191,  244 

127,  761 
141, 530 

16, 937 

67, 085 

n:;s,  u  12 

128.002 
383,  908 

169,  831 
39, 324 
37,  259 
93, 248 
29, 852 


909,  239 
602,  756 


43, 517 

6,915 

24,  574 
143,  290 

50, 424 
133, 044 

66, 130 
17,  265 
13, 480 
35, 385 
9,714 


36.6 
39.4 
39.0 


36.6 
42.4 
39.4 
34.7 


43.9 
36.2 
37.9 
32.5 


102,  Ml 

150,065 

2, 159 

10, 597 


13,024 
29,  528 
53,  237 
12, 959 


3,879 

3,516 
4,813 

107,085 
24, 449 
83,991 

37, 110 
4,814 
11,432 
20, 864 
4,524 

114, 421 


42.7 
36.4 
42.1 
38.9 
37.0 


272, 002 
25,  222 
120, 443 
126,397 

5,715 
16,983 
55, 153 
46,  428 
121,  919 

86, 817 
17,  794 
6,101 
32,  922 
11,881 


90,957 
9.307 
44,  808 
30, 842 


21,039 
15,  778 
34, 165 


1,235 
9,550 
3,  107 


32.0 
29.0 
38.1 
34.0 
28.0 

31.8 
41.1 
20.2 


25,  652 
15, 957 
5,159 
4,536 


36, 873 
28,  285 
18,  743 
35,  231 

17,  225 
8,  506 
1,630 
7,089 
5,012 

110,005 


125,  538 

82,500 

13, 135 
6, 354 
3.985 
2,796 

1,569 
14, 835 
15, 166 
10, 197 
14,888 


52.4 
40.2 
63.6 
54.4 
42.3 


FARM-MORTGAGE  DEBT 


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17 


Table  2. — Number,  Acreage,  and  Value  of  Farms  Operated  by  Full  Owners,  by  Mortgage  Status,  by  Divisions  and  States: 

1940-56 

[For  1956  and  19.50,  no  data  are  included  for  the  District  of  Columbia;  for  1945  and  1U40,  District  of  Columbia  data  are  included  with  Maryland] 


Area  and  mortgage  status 


Per- 
cent 
distri- 
bution 


Increase  or 

decrease  (— ) 

from  preceding 

Census 


Per- 
cent 
distri- 
bution 


Value  of  land  and  buildings 


Per- 
cent 
distri- 
bution 


Amount  of  mortgage  debt 


Average  debt 
(dollars) 


UNITED  STATES 
All  farms 


Free  from  debt 


..1966. 

1950. 
1945- 
1940. 

..1956. 
1950. 
1945. 
1940. 


.Mortgaged ...1956. 

1950. 
1945. 
1940. 


Ill  farms 1956 

1950 
1945 
1940 

Free  from  debt. 1956 

1950 
1945 
1940 

Mortgaged 1956. 

1950 
1945. 
1940 

Middle  Atlantic 

HI  farms 1956 

1950 
1945 
1940 

Free  from  debt 1956 

1950 
1945 
1940 


1956 

1950 
1945 
1940. 

East  North  Central 

All  farms 1956. 

1950. 
1945. 
1940. 

Free  from  debt 1956. 

1950. 
1945. 
1940. 

Mortgaged- 1956. 

1950. 
1945. 
1940- 

West  North  Central 

All  farms 1956.. 

1950.. 
1945.. 
1940- . 

Free  from  debt 1956.. 

1950.. 
1945.. 
1940- . 

Mortgaged 1956. . 

1950.. 
1945.. 
1940.. 


2,  744,  70S 

3,  0S9.  507 
3,  301,  Ml 
3,  084,  138 

1,  835,  469 

2,  195,  471 
2.304,  156 
1,805,826 

909,  239 

894,  090 

997,  205 

1,278,312 


til,  SS9 
86,  845 
132.  943 
116,459 

37,647 
52,  387 
86, 202 
61,  929 

27,  242 
34,  458 
46,  741 
54,530 


195,  711 
234.  172 
270,1101 


12.-..  371) 
154,  140 
179,001 
156,  434 

70,  341 

SO.  323 
90,310 
112,705 


492,  101 
502.  255 
5SS.  434 
0U5,  002 

316,  544 

371,  105 
375,  518 

317,  962 

175,  617 
190,  790 

212,010 
2S7,  1311 


•13i  1,701 
482,  546 
408,  042 
447,  208 

265,  419 
312,  174 

207,  7S4 
206,  621 

171,  282 
170,  372 
201,  158 

240,  587 


100.0 

100.0 
100.0 
100.  0 


34  1.859 
-211.794 
217.223 


-300.002 
-HIS,  685 
49\  330 


-10.4 
-4.7 
27.6 


15, 143 

-103,  109 

-2S1,  107 

8,205 


397,  214,  478 
418.  970,  000 
412,  357.  893 
382,  098,  424 

248,  103,  819 
283,  027.  200 
203.  251,  487 
201,  646,  073 

149,  110,  059 
135,  342,  800 
149,  100,  406 
180,  452,  351 


100.0 
100.0 
100.0 
100.0 

62.5 
67.7 
63.8 
52.8 


135.2 
129.  2 
114.3 
111.7 

164.0 
151.4 
149.5 


44,  000.  567,  000 
32,  690,  092,  000 
21,  106,  510,  770 
15,  297,  274,  256 

26,  380,  969.  000 
21,416,720,000 
12,  940,  312,  776 
7,410,111,441 

17,  62.5,  598,  000 
11,273,372,000 
8,  166,  198,  000 
7,  887,  162,  815 


100. 0 

100.0 
100.0 

100.0 


42.0 
39.7 
35.2 
46.8 


1011.0 
100.0 
100.0 
100.0 

64.1 

65.7 
66.5 
58.1 

35.9 
34.3 
33.5 
41.9 


100.0 
100.0 

mo.  o 
loo.o 


35.7 
33.9 
36.2 
47.5 


100.0 
100.0 
100.0 
100.  0 


35.3 
42.9 
53.8 


-25.3 
-34.7 
14.2 


-14,740 

-33,815 
24,  273 


-28.1 

-39.  2 

39.  2 


-7.210 
12,  283 
-7,789 


-20.9 
-26.3 
-14.3 


-28,779 
-25.512 
23,227 


-18.7 
-14.2 
14.8 


-12.4 
-11.1 
-19.9 


-70.O01 
-20,  170 
-10,058 


-54,921 
-4,053 

57,  550 


-15,173 

-22,  120 
-74,  214 


-45,845 
13,  004 
21.734 


-46,755 
44,  300 
01.  103 


-15.0 
16.6 
29.0 


7,  552,  345 
9,  416,  800 
11,819.218 
10,  716,  226 

4,  325,  739 

5,  054,  000 
7.  524,  048 
5,  522,  786 

3,  226,  600 

3,702.800 

4.  295.  20(1 
5, 193,  140 


19,210,215 
21,  943,  300 
23,  357,  541 
23,  040,  825 

11,  858,  124 
13,008,300 
14,  720,  441 
13,  003,  158 

7,  352,  091 

7,  975,  000 

8,  637, 100 
10,  037,  007 


49,  473, 074 

53,  671.  700 

54,  252,  152 
55, 004,  458 

31,  428,  360 

31,940.000 

32.  508,  852 
27,  270,  026 

18, 044,  714 
18,  725,  100 
21,  743,  300 
27,  734,  432 


86,  427,  610 
89,792,800 

50.  618,  809 
73,  045, 168 

51,  084,  172 

58,  225,  200 
42.  033,  003 

30,  148,  615 

35,  343,  438 

31,  667,  600 

37,  0-55,  200 
42,  800,  553 


100.0 
100.  0 
100.  0 
100.  0 


42.7 
40.0 
36.3 


100.0 
100.  0 
100.  0 
100.0 

61.7 
63.7 
63.0 
55.0 

38.3 
36.3 
37.0 
45.0 


100.  0 

loo.o 

100.0 
100.  0 


49.0 

36.5 
34.9 
40.1 


100.0 
100.  0 
100.0 
100.  0 


114.9 
107.9 
87.3 
89.2 


93.6 
86.5 
87.8 


100.  5 
95.5 
92.2 


197.9 
186.1 
171.9 
163.3 

192.5 

180.  5 
159.  2 
145.9 


933,  771,  000 
878,  843, 000 
699,131,492 
557,  604,  704 

490,401,000 
493,  459,  000 
425, 164,  492 
265,  946,  822 

443,  370,  000 
385,  384,  000 
273,  967.  000 
291.657,882 


2.818,026,000 
2,  358,  445,  000 
1,  533, 107,  307 
1,  397, 174,  496 

1,  652,  001,  000 

1,  462,  262,  000 

953,  681,  307 

744,  263,  875 

1,166,025,000 
886, 183,  000 
579,  426,  000 
652,  910,  621 


8,  148,  862,  000 
6,  145,  696,  000 

4,  235,  134,  923 
3,  413,  023,  360 

5,  061,  717,  000 
3,  961,  836,  000 

2,  528,  496,  923 
1,  618,  656,  140 

3,  087,  145,  000 
2, 183,  860,  000 
1,  706,  638,  000 
1,  794,  367,  220 


8,  371,  568,  000 
6,  424,  014,  000 
4,  136,  983,  706 

3,  044,  243,  145 

4,  826,  272,  000 
4,  090,  245,  000 

2,  046,  210,  706 
1, 179,  916, 374 

3,  545,  296,  000 
2,  333,  769,  000 
2,  090,  773, 000 
1,  864,  326,  771 


100.  0 
100.  0 
100.  0 
100.0 

59.9 
65.5 
61.3 
48.4 

40.1 
34.5 
38.7 
51.6 


100.  0 
100.0 
100.0 
100.  0 


47.5 
43.9 
39.2 
52.3 


100.0 
100.0 
100.  0 
100.0 


02.0 
62.2 
53.3 

41.4 

38.0 
37.8 
46.7 


100.0 
100.  0 
100. 0 
100.0 

62.1 

64.5 
59.7 
47.4 

37.9 

35.5 
40.3 
52.6 


100.0 
100.  0 
100.0 
100.0 

57.7 
63.7 
49.5 
38.8 


16,033 
10,  5S1 
0.  303 
4,960 

14,  373 
9,  755 
5,  616 
4,103 

19,  385 

12.  609 
8.  189 
6.170 


1 10.  79 
78.02 
51.18 
40.03 

106.  33 
75.  51 
49.16 
36.75 

118.20 
83.29 
54.77 
43.71 


1,  719,  920.  00O 
1,116,297.000 

2.  689,  787,  000 
i.  353,  376,  000 


11.88 

7.44 
6.52 


1,  719,  920,  000 

1.  110.207,000 

2,  689,  787,  000 
!,  353,  376,  000 


5,  191 

3.  485 
2.  007 
2.  023 


31.05 
23,  03 
18.04 

IS.  58 


14.300 
10,  120 
5,  259 
4,  788 


9.419 
4,  o;y 
1.  201 


123.04 
93.  33 
59.  15 
52. 03 

113,37 
87.28 
56.51 
48.15 

137.  41 

102.  42 
03.  78 
56.  16 


1  10  00 
107.  4s 
65.  64 
59.10 


133,392,000 
111,724,000 
92,  389, 000 
118,431,000 


133,392,000 
111,724,000 
92,  389, 000 
118,  431,  000 


341,  605,  000 
276,  415,  000 
213,  951,  000 
273,681,000 


3.212 
1,977 
2,172 


13,  177 
9,  486 
5,308 
4,758 

16,  577 

11,  157 
6,414 
5,790 


16,  557 
10.030 
7,197 
5,041 


19,  170 

13,313 
8,  822 


18,  184 
13,  102 
7,641 
5,711 

20.  699 
13.098 
10.394 
7,749 


164.  71 
114.51 

78.06 

02.  05 


171  08 
110.03 
78.49 
64.70 


71.54 
51.32 
41.68 

94.48 
70.25 
48.  00 
39.14 

100.  31 
73.93 
55.04 
43.46 


341,  605,  000 
276,  415.  000 
213,  951,  000 
273,  618,  000 


863,  575,  000 
664.  465,  000 
574,  001,  000 
801,  972.  000 


863,  575,  000 
664,  465,  000 
574,  001,  000 
801,  972,  000 


971,  342,  000 
647,  868,  000 
763,  464,  000 
955,  720,  000 


971,  342,  000 
647,  868,  000 
763,  464,  000 
955,  720,  000 


2.  224 
1,343 
1,628 
2,  137 


40.  40 
34.  06 
24.  77 


12.  38 
10.  58 
14.  58 


35.  49 
20.  40 

28.  02 


11.24 
7.22 
9.47 

1.3.08 


27.48 
20.52 
20.  10 

22.28 


18 


FARM-MORTGAGE  DEBT 


Table  2. — Number,  Acreage,  and  Value  of  Farms  Operated  by  Full  Owners,  by  Mortgage  Status,  by  Divisions  and  States: 

1940-56 — Continued 

(For  1956  and  1950,  no  data  are  Included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  included  with  Maryland] 


Area  and  mortgage  status 


Per- 
cent 
distri- 
bution 


Increase  or 

decrease  (— ) 

from  preceding 

Census 


Land  In  farms 


Per- 
cent 

distri- 
bution 


Value  of  land  and  buildings 


Per- 
cent 
distri- 
bution 


Amount  of  mortgage  debt 


Average  debt 
(dollars) 

Per 
(arm 

Per 
acre 

South  Atlantic 

All  (arms -1956 

1950 
1945 


Free  from  debt- 


East  South  I 
All  farms 


Free  from  debt. 


..1956 
1950 
1945 
1940 

..1956 
1950 
1945 
1940 


,1956 
1950 
1945 
1940 

.1956 

1950 

;1945 
1940 

^1956. 
1950. 
1945 

111  10 


West  South  i 
All  farms 


Free  from  debl . 


Free  from  debt. 


.1956 
1950 

:1945 
1940 

.1956 
1950 
1945 
1940 

.1950 
1950 
1945 
1940 


.1956 
1950 
1945 
1940 

.1956 
1950 
1945 
1940 

.1956 
1950 

1945 

1940 


Free  from  debt.. 


,1956 
1950 
1945. 
1940 

_1956 
1950 
1945. 
1940 

.1956 

105' I 
1945 
1940 


497,  734 
546,  867 
583,  525 
519,  108 

309,  336 
434,  474 
464,  154 
363,887 

128,  398 
112,393 
119,371 
155,  221 


12S,  840 
478,  925 
498,  413 
447,  286 

319,  489 

382.070 
397,  4'.l.i 
296,  763 

109.  351 
96,  849 
100,  918 

150,523 


:;is,  io2 

3X5,315 
127,118 
361,  290 

247, 182 
294,911 
316,  104 
232,  963 

101, 470 
90. 374 
110,954 

1 28,  333 


101,177 
112.155 
119,910 
128, 268 

57,239 
70,  235 
81,583 
73,  537 

43,938 
41,920 
3,8,  327 
54,  731 


178,843 
200, 187 
212,075 
190,222 

97,243 

123,570 
135,595 
95, 730 

81,600 
76,617 
76.  480 
94,  492 


100.0 
100.0 
100.0 
100.0 

74.2 
79.4 
79.5 
70.1 

25.8 
20.6 
20.5 
29.9 


74.5 
79.8 
79.8 


25.5 
20.2 
20.2 
33.7 


100.0 
100.0 
100.  0 
100.0 

70.9 

76.5 
74.0 


29.1 
23.5 
26.0 


100.0 

loo.  o 

100.0 

56.6 
62.6 
68.0 
57.3 

43.4 
37.4 
32.0 
42.7 


100.0 
100.0 
100.0 
100.0 

54.4 
61.7 
63.9 
50.3 

45.6 
38.3 
36.1 
49.7 


-49, 133 
-36,  658 
64,  417 


-05,  138 
-29,  680 
100,  267 


16,  005 
-6,978 
-35,  850 


-50,085 

-19,488 

51,127 


-02,  587 
-15,419 

100,732 


-47,  759 

-21,223 
83.  201 


11,096 

-31.580 
-17,379 


-10.978 
-7,  75.5 
-8,358 


2.018 

3,  593 

-16,404 


-20,327 

-12,025 

39.  805 


-15.0 
-6.4 
27.6 


14.2 
-5.8 
-23.1 


-10.6 
-3.9 

11  4 


-16.4 
-3.9 
33.9 


12.9 
-4.0 
-33.0 


12.3 
-18.5 
-13.5 


-10.7 
-5.6 
11.5 


-21.3 
-8.9 
41.6 


54,  902,  152 
57,  857,  700 

55,  994,  721 
48,  236,  981 

38,  376,  031 
44,  450,  900 
41,  913,  621 
30,  935,  580 

16,  526, 121 

13,  406,  800 

14,  081,  100 

17,  301,  401 


44,  215,  678 
46,  107,  200 

45,  922, 083 
41,680,911 

31,  899, 177 

35.  845.  200 
34.  778.  3S3 
25,  418,  938 

12, 316,  501 

10,202,000 
11, 143,  700 
16,  267,  973 


69,  415,  418 
69, 847,  400 

76,  202,  330 
63, 442, 252 

43,413,057 
47,  257,  000 
49, 294,  836 
31,800,799 

26,002,361 
22,  589. 800 
26,  907,  500 
31,641.453 


42,  918,  253 
46,  069,  900 
40,  291,  587 
46,  259,  579 


28,830,300 
26,  597,  487 
28,  532, 893 

20,  018,  776 
17,  239,  600 
13,  694, 100 
17,  726,  686 


23, 099,  733 
24, 203, 200 
23,  899,  416 
20, 066, 024 

12,819.682 
14, 449, 100 
13,280,216 
9,  013,  278 

10, 280,  051 
9, 814, 100 
10,019,200 
11,052,746 


100.0 
100.0 
100.0 
100.0 


100.0 
100.0 
100.0 
100.0 


27.9 
22.3 
24.3 
39.0 


100.0 
100.0 
100.0 

100.  0 


37.5 
32.3 
35.3 


100.0 
100.0 
100.0 
100.0 

53.4 
62.6 
66.0 
61.7 

46.6 
37.4 
34.0 
38.3 


100.0 
100.0 
100.0 
100.0 

55.5 
59.6 
55.6 
44.9 

44.5 
40.4 
44.4 
55.1 


110.3 
105.8 
96.0 
92.9 


128.7 
119.3 
118.0 
111.5 


93.8 
87.5 
85.7 

112.6 

106.  0 
110.4 
10S.  1 


199.1 
181.3 
17S.4 


250.  0 
242.5 
246.  0 


400.1 
410.5 
320.  0 


455,  6 
411.2 
357.3 
323. 9 


129.2 
121.2 
112.7 
105.5 


126.0 
128.1 
138.8 
117.0 


6,  262,  662,  000 
4,  127,  363,  000 
2,  564,  662,  759 
1,  802,  607,  881 

4, 190, 123,  000 
3, 079,  520,  000 

1,  903,  872,  759 
1, 124,  938,  974 

2,  072,  539,  000 
1,  047, 843,  000 

600,  790,  000 
677,  668,  907 


3,  603,  901,  000 
2,  874,  309,  000 

1,  825,  086,  955 
1, 264, 186, 103 

2,  479,  438,  000 
2, 139,  266,  000 
1,  330.  6S4.'955 

738.  193,  427 

1,  124,  523,  000 
735,  043,  000 
494,  402,  000 
525.  992,  676 


5,178,661,000 
3,791,753,000 
2,412,385,512 
1,515,735,735 

3,146,985,000 

2,  567, 224.  000 

1,  508, 120, 512 

756,  592, 389 

2,031,676,000 

1,224,529,000 

904, 265, 000 

759.143,340 


2,  687, 467, 000 

1,935,130,000 

1,002,912,182 

692,  516,  50S 

1,330,025,000 

1, 127,  322,  000 

609, 067, 182 

284,  277, 210 

1,357,442,000 
807, 808, 000 
393, 845, 000 
408, 239,  298 


6,001,589,000 
4,15-1,539,000 
2, 697, 105,  940 
1, 610, 182,  324 

3,  204. 007,  000 

2, 495,  586, 000 

1,  635,  013,  940 

697, 326,  230 

2, 797,  582, 000 

1, 658,  953, 000 

1,062,092,000 

912,  856, 094 


100.0 
100.0 
100.0 
100.0 

66.9 
74.6 
74.2 
62.4 

33.1 

25.4 
25.8 
37.6 


100.0 
100.  0 
100.  0 
100.0 


25.6 
27.1 
41.6 


100.  0 
100.  0 
100.0 
100.  0 


32.3 

37.5 
50.1 


100.0 
100.0 
100. 0 

loo.o 


58.3 
60.7 
41.0 


100.  0 
100.0 
100.0 
100.0 

53.4 

60.1 
60.6 
43.3 


7,547 
4,  395 
3,473 

11,345 
7,088 
4,102 
3,091 


8,  404 
6.002 
3,662 
2,826 

7,761 

5.  599 
3.  3  18 
2,  487 


14,  853 
9.841 
5,648 
4,195 

12,  731 
8,704 
4,770 
3,248 

20,022 

13,550 
S,  150 
5,  915 


20,502 
17,254 
8,  304 
5,399 

23,236 
16,  051 
7.466 

3.  800 


19,  '.'70 
10,270 
7,459 


33,  558 
20,  753 
12,  718 


32,9  18 
20,190 
12,  058 
7,284 

34, 284 

21,053 
13.887 
9,601 


109. 19 
69.28 
45.42 
36.36 

125.  41 
78.16 
46.93 
39.17 


81.51 
62.34 
39.  74 
30.33 

77.73 
59.68 
38.  26 
29.04 

91.30 
71.63 
44.37 
32.  33 


74.60 
54.29 
31.66 

23.89 


78.13 
.54.  21 

33.61 

28.  99 


42.  00 
21.89 
14.97 

58.08 
39.10 
22.90 


259.  81 
171.23 
112.85 
80.24 

249.  93 
172.  72 
123.12 
77.37 

272. 14 
109.  04 

100.02 
82.59 


508,  481, 000 
279, 045,  000 
221,  331,  000 
241,  579,  000 


508,  481, 000 
279,  045,  000 
221.  331.  000 
241,  579,  000 


337,  465,  000 
205,  518,  000 
166,  353,  000 
200,  980,  000 


337,  465.  000 
205.  518,  000 
166,  353,  000 
200.  980,  000 


459,324,000 
282, 662, 000 
261,569,000 
278, 854, 000 


459, 324, 000 
282.662,000 
261,569,000 
278, 854,  000 


359,  047, 000 
214, 535,  000 
118, 717,  000 
158, 429,  000 


359, 047, 000 
214, 535, 000 
118, 717, 000 
158,429,000 


745,  689.  000 
434. 065, 000 
278,012.000 
323, 793, 000 


745,689,000 
434,065,000 
278, 012,  000 
323, 793, 000 


2,483 
1,854 
1,556 


8.080 
2,  122 
1,648 
1,  335 


4.527 
3,128 
2,357 
2,173 


8,172 
5,118 
3,097 

2,  895 


4,170 
2,168 
1,311 
1,702 


5.005 
3,635 
3.427 


9.26 

4.82 
3.95 
5.01 


30.77 
20.81 
15.72 
13.96 


4.  4fi 
3.62 

4.82 


27.  40 
20.03 
14.  93 
12.35 


8.37 
4.66 
2.95 
3.42 


17.94 
12.  44 
8.67 


32.28 
17.89 
11.63 
16.14 


72.54 
44.23 
26.18 
29.30 


FARM-MORTGAGE  DEBT 


19 


Table  2. — Number,  Acreage,  and  Value  of  Farms  Operated  by  Full  Owners,  by  Mortgage  Status,  by  Divisions  and  States: 

1940-56 — Continued 

(For  1956  anU  1950,  no  data  are  Included  for  the  District  of  Columbia;  for  194.1  and  1940,  District  of  Columbia  data  art-  Included  with  Maryland! 


Area  and  mortgage  status 


Increase  or 

decrease  (— ) 

from  preceding 

Census 


I<and  In  farms 


Per- 
cent 
distri- 
bution 


Aver- 
age 
per 
farm 


Value  of  land  and  buildings 


Per- 
cent 
distri- 
bution 


Amount  of  mortgage  debt 


NEW  ENGLAND 
Maine 


Free  from  debt, 


.19.56-. 

1950- . 
1945.. 
1940.. 

Mortgaged -1956- 

1950- 
1945.. 
1940. - 

New  Hampshire 

All  farms.- ..1956.. 

1950.. 
1945. 
1940. . 

Free  from  debt 1956.. 

1950 

1945.. 

1940 

Mortgaged 1956 

1950.. 
1945. 
1940. - 


All  farms ..1956. 

1950- 
1945. 
1940.. 


-1956.. 
1950.. 
1945.. 
1940- 


Massachusetts 
All  farms 


1950-. 
1945- 
1940.. 


-1956- - 
1950. . 
1945- 
1940. . 


Rhode  Island 

All  farms 1956- 

1960- 
1945- . 
1940.. 

Free  from  debt 1956- 

1950.. 
1945- 
1940- 

Mortgaged 1956— 

1950- 
1945- 
1940.. 


1(1,99!) 
27,  180 
38,  73(1 
34.887 

13. 479 
19.371 
29,  020 
22.35S 

6,520 

7,  800 
9,710 

12,  .',29 


8.352 
11.308 

16,  HOC, 
14,018 


IS,  713 
11,348 
8,452 

3,483 
4,653 

5,  258 
6,196 


5.604 
8,220 
14,  805 
8,721 


14,019 
18,766 
33. 269 
27, 446 

7,505 
9,835 
17.S8S 
12,  570 

6.  514 
8,  031 
15, 381 
11,  876 


1,495 
1,997 
2,  745 


100.0 
100.0 
100. 0 
100.0 


100. 0 
100.0 
100.0 
100.0 

58.3 
59.1 
68.3 
57.7 


100.0 
100.0 
1011.  0 
100.0 


51.7 
46.2 
36.5 
54.9 


100.0 
100.0 
100. 0 
100.0 


40.5 
47.6 
40.2 
54.2 


100.0 
100.  0 
100.0 
100.  0 


-7, 181 

-11,550 

3,849 


-1,  289 

-1,  901 
-2,  819 


-3,014 

-5,2411 
1,  958 


-3,671 

-8. 027 

3,958 


-1,055 
-1,442 
-2,126 


-4,  747 

-14,503 

5,823 


-2,380 
-8,  053 
5,31S 


-16.5 
-19.6 
-22.5 


-26.5 

-31.6 

li4 


-27.5 

-40.8 

34.3 


-25.1 
-11.6 
-15.1 


-24.0 

-31.5 
20.5 


-15.0 
-17.0 
-20.0 


-2.5.  3 
-43.0 
21.2 


-23.7 

-45.0 

42.3 


-25.1 

-27.2 
16.4 


-33.4 

-31.2 

29.5 


-12.2 
-20.2 
-1.6 


2, 884,  235 

3,  522,  400 

4,  005,  650 
3, 670,  855 

1,  903,  595 

2,  473, 000 
2,  904, 950 
2, 208,  553 

980, 640 
1,049,400 
1, 160,  700 
1,462,302 


983,  287 
1,264,800 
1,616,340 
1,484,240 

5S8, 989 

752,  500 

1, 101,  540 

862,  252 

394, 298 
512,  300 
514, 800 
621,  9S8 


2, 096,  691 

2,  578,  400 

3.  260.  354 


870. 085 
1,291,300 
1,848,554 
1, 106,  688 

1,226,506 
1,  287, 100 
l,411,SO0 
1,  700,  008 


894, 650 
1,159,300 
1.650,326 
1.489,470 


003.  ,-10,1 
885,  920 
697,  202 

375,  753 

556,000 
764,  400 
792.  268 


97.410 
121,700 
1  OS,  094 
156, 400 

63,219 
77,200 
119,694 
99, 631 

34, 191 

44,600 
-19,000 
50,  769 


100.0 
100.0 
100.0 
100.0 

60.0 
70.2 
71.5 
60.2 


100.0 

100.  0 
100.0 

ioo.  o 

59.9 
59.5 
68.2 
58.1 

40.1 
40.5 
31.8 
41.9 


100.0 
100.0 
100.0 
100.0 

41.5 
50.1 
56.7 
39.4 


100.  0 
100.0 
100.0 
100.0 


42.0 
48.0 
46.3 
53.2 


100.0 
100.0 
100.  0 
100.0 

64.9 

63.4 
71.0 
63.7 

35.1 
30.6 
29.0 
36.3 


144.  2 
129.  0 
105.  0 
105.  2 


117.7 
111.3 
97.  3 
101.3 

121.0 
112.  1 
97.1 
102.0 

113.2 

110.1 
97.9 
100. 4 


155  3 
157.1 
124.  9 

12o.  9 


61.8 
49.6 
54.3 


61.3 
49.5 
55.5 


61.0 
61.4 
66.3 

78.0 
63.5 
67.7 
73.0 


194, 120, 000 
184,972,000 
138,  559. 126 
107, 168, 115 

120, 549, 000 
120,213,000 
94,488,126 

57,  575, 150 

73,  571,  000 

58,  759,  000 
44,  071,  000 
49,  592, 965 


85, 224,  000 
92, 879, 000 
63,  269,  204 
50,  974, 359 

41,930,000 
51,575,000 
41,827,264 
27. 836,  852 

43,294,000 
41,304,000 
21,442,000 
23, 137,  607 


139,291,000 
143,418,000 
109, 933. 459 
85, 278, 728 

58, 084, 000 
73.343,000 
64,163.459 
34, 658,  891 

81.207,000 
70,  075,  000 
45, 770, 000 
50,619,837 


259,  039, 000 
231.152,000 
199,577,381 
159,081,936 

132,628,000 
116,112,000 
107,294.381 
71,697,116 

126,411,000 
115,040,000 
92,283,000 
87, 384,  820 


37.161.000 
27.  284  000 

20,  S80, 485 
10, 897, 821 

IS,  766  000 
16,110,000 
13.  708.  485 
9,  485,  235 

18, 395.  000 
11,174,000 
7,178,000 
7,412,586 


100.  0 
100.0 
100.0 
100. 0 


31.8 
31.8 
46.3 


100. 0 
100.0 
100.0 
100.0 

49.2 

55.5 
66.1 
54.6 

50.8 
44.5 
33.9 
45.4 


100. 0 
100.0 
100.0 
100.0 

41.7 
51.1 
58.4 
40.6 

58.3 
48.9 
41.6 
59.4 


100.  0 
100.0 
100.0 
100.0 

51.2 
50.2 
53.8 
45.1 

48.8 
49.8 
46.2 
.54.9 


lon.o 
100.0 
100.0 
100.0 

50.5 
59.0 
65.0 
56.1 

49.5 
41.0 
34.4 
43.9 


0,  805 
3,577 
3,072 

8,943 
6,516 
3,  255 
2,575 

11,284 
7,525 
4.539 
3,  958 


10.201 
8,172 
3,  810 
3,480 

8,812 

7,683 
3,0X0 
3.294 


12.000 
9,390 
4.71S 
4,409 

10, 365 
8,923 
4,334 
3,974 


17,672 
11.800 
5,  998 
5,704 


03.  83 
51.04 
32.53 
26.07 


26.  854 
14,320 
7,347 
7,465 


80.  67 
73.44 
39.14 
34.34 

71.19 

68.54 
37. 97 
32.28 

109.  80 
80.62 
41.65 
37.20 


oo.  it 

55.62 
33.72 
30.38 

66.76 
56.  80 
34.71 
31.32 


2S0.  54 
199.39 
120.93 
106.80 

255. 60 
192.46 
121.11 

102.8! 


381.49 
224.  19 

123.81 


538.  01 
251. 10 
140.49 
130.  57 


23, 690, 000 
10,723,000 
14, 808, 000 
21, 825, 000 


8.21 
4.75 
3.64 
5.94 


23,  090,  000 
16,  723,  000 
14,808,000 
21,825,000 


14,720,000 
12,989,0011 
7, 998,  000 
9,  248,  000 


3,  033 
2,142 
1.  525 
1,742 


24.10 
15.94 
12.70 
14.93 


14.97 
10.27 
11.95 
6.23 


14,  720. 000 
12.  989,  000 
7,  998,  000 
9, 248,  000 


26,  798. 000 
24,754,000 
18,  766, 000 
21,714,000 


4,220 
2,  792 
1,521 
1,492 


37.  83 
25.35 
15.54 
14.87 


26,  758,  000 
24,  754, 000 
18,  766, 000 
21,714,000 


35,  395.  0O0 
32, 398, 000 
30, 084,  000 
30, 368, 000 


21.85 
19.23 
13.29 
12.77 


89.  50 
27.95 
18.23 
24.  12 


35,  395,  000 
32,898,000 

30,081,000 
36,368,1100 


4,  249,  000 

2,9.19.000 
2,  146,  000 
2,850,000 


4,  249,  000 
2,999.000 
2,  140,  000 
2. 8.50,  000 


94.  20 
58.27 
39.  36 
45.  90 


0,  203 
3,845 
2,197 
2,870 


124.27 
67.39 
43.80 
50.20 


412864—97— 


20 


FARM-MORTGAGE  DEBT 


Table  2. — Number,  Acreage,  and  Value  of  Farms  Operated  by  Full  Owners,  by  Mortgage  Status,  by  Divisions  and  States: 

1940-56 — Continued 

[For  1956  and  1850,  no  data  are  Included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  included  with  Maryland] 


Area  and  mortgage  status 


NEW  ENGLAND— Con. 

Connecticut 

All  farms --.1956- 

1950. 
1945. 
1940- 

Free  from  debt 1956- 

1950- 
1945- 
1940. 

Mortgaged 1956. 

1950- 
1945- 
1940- 

MIDDLE  ATLANTIC 

New  York 

All  farms 1956- 

1950- 
1945 


Free  from  debt 


Mortgaged. 


Pennsylvania 
All  farms -- 


Free  from  debt. 


1900 
1945. 
1940. 

-1956 

1950 
1948- 
1940. 


-1956. 
1950 
1945. 
1940. 

.1956 
1950. 
1945. 
1940. 

-1956- 
1950 
1945. 
1940. 


.1956. 

1950. 
1945 
1940. 

1956. 
1950. 
1945 
1940. 

-1956. 
1950. 
1945 
1940- 


EAST  NORTH  CEN' 

Ohio 
All  farms 

Free  from  debt 


wo. 

1950. 
1945. 
1940. 

-1956. 
1950. 
1945. 
1940. 

.1956. 
1950- 
1945. 
1940- 


9,422 
12,  263 
18,287 
17,  778 


7.031 
11,367 
8,463 

4,042 
5,232 
6.920 
9,315 


78.  547 
97,  576 
116.070 
117,972 

46,814 
60,  040 
71.854 
61, 806 


17,  713 
19.  557 
19,  759 
19,448 

9.636 
11,518 
11,304 

9,234 


99,  451 
117,339 
134, 172 
131,  779 


30,  531 
34,  748 
37.  609 


116,788 
134.969 
140.  331 
150, 124 

77,  314 
92, 802 
104.019 
89,  751 

39,  474 
42, 167 
41,812 
60,373 


Per- 
cent 
distri- 
bution 


ino.o 

100.  o 
100.0 
100.0 

57.1 
57.3 
62.2 
47.8 


100.0 
100.  0 
100.0 
100.0 


61.5 
61.9 
52.4 

40.4 
33.5 
38.! 
47.6 


100.0 
100.0 
100.0 
100.0 

54.4 
58.9 
57.2 
47.5 

45.6 
41.1 
42.8 
52.5 


100.  0 
100.0 
100.0 
100.0 


70.4 
71.9 

64.8 


100.  0 
100.0 
100.0 
100.0 


31.2 
28.6 

40.2 


Increase  or 

decrease  (— ) 

from  preceding 

Census 


-1, 651 
- 1. 333 
2,904 


-13,226 
-11.814 
10.  048 


-5, 803 
-6,6" 
-11,950 


-17,888 

-16,833 

2,393 


-13,671 
-13,912 
11, 109 


-4,217 
-2,  921 
-8,  716 


-18, 181 
-11,362 
-3,  793 


-15,4*8 
-11,717 
14,708 


-22.0 
-16.4 
16.3 


-15.5 
-15.1 
-21.3 


-16.7 
-11.2 

16.5 


596, 172 

770,  200 

1,  057,  884 

1, 108, 565 

380,  954 
450.  700 
663,  384 
548,  460 

215,  218 
313,  500 
384,  500 
560, 105 


9.  490,  394 
10.928,600 

11.872.320 
12,  008,  289 

5,  343,  092 

6,  505.  300 
0,  9S6.  720 
5, 905,  528 

4, 147.  302 
4,  421,  300 
4.  885,  600 
6, 102,  761 


926. 013 
1,  007.  900 
1,051,479 
1,  213,  239 

552, 830 
593.  .800 
570,  379 
563,  555 

373. 183 
414, 100 
481, 100 
649,  684 


10,  008.  800 
10,  433,  742 
10,  419,  297 

5, 962,  202 
6,  869.  200 
7, 183,  342 
6,  534, 075 

2,831,606 
3, 139,  600 
3,  270,  400 
3,  S85,  222 


9,875.423 
10. 886.  000 
11,  339,  734 
11,  669, 931 

6,725.103 
7.  578, 900 
8, 037, 134 
6, 970, 101 

3, 150,  260 
3.  307. 100 
3.  302,  000 


Value  of  land  and  buildings 


Per- 
cent 
distri- 
bution 


100.0 
100.0 
100.0 
100.0 

63.9 
59.3 
62.7 
49.5 

36.1 
40.7 
37.3 
50.5 


100.0 
100.0 
100.0 
100.0 

56.3 
59.5 
5S.8 
49.2 

43.7 
40.5 
41.2 


100.0 
100.0 
100.0 
100.0 

59.7 

58.9 
64.2 
40.5 

40.3 

41.1 
45.8 
63.5 


100.0 
100.0 
100.0 
100.0 


32.2 
31.4 
31.3 
37.3 


100.0 
100.0 
100.0 
100.0 


30.4 
29.1 
40.3 


114.1 
10S.4 
97.2 
95.5 


52.3 

51.5 
53.2 
62.4 


83.2 
74.2 
76.5 


87.0 
81.7 
76.9 
77.7 


218,  936,  000 
199, 13S,  000 
166.  905.  777 
138,  203,  745 

118,  444,  000 
110. 106, 000 
103.  682,  777 
64,  693,  578 

100,492.000 
89,  032. 009 
63,  223,  000 
73,  510, 167 


1, 130, 866,  000 
9S8. 359.  000 
687,  545,  315 
649,  888,  637 


580,112,000 
401,  591,  315 
316, 101, 163 

499. 843,  000 
408,  247.  000 
285.  954, 000 
333,  787,  524 


486.  994.  000 
345.  773. 000 
176,112,928 
151,  998,  750 

244,  471, 000 
188,  453, 000 
92,  929, 923 
67,  301. 031 

242, 523, 000 
157.  320,  000 
83, 183. 000 
84,  697,  719 


1,  200, 166,  000 

1,024,313.000 

659.  449,  0G4 

695,  2S7, 059 

776,  507,  000 
693,  697,  000 
459, 160,  064 
360,861,681 

423,  659,  000 
330,  616.  000 
210,  239, 000 
234, 425, 378 


1,961.997.000 

1,431,163.000 

932. 076,  369 

776, 002, 855 

1,  238. 020,  000 
966,  401.  000 
650.  236.  369 
434, 170. 107 

723.  977,  000 
464,  762,  000 
281, 840,  000 
341, 832,  748 


Per- 
cent 
distri- 
bution 


100.0 
100.0 
100.0 
100.0 

54.1 
55.3 
62.1 
46.3 

45.9 
44.7 
37.9 
53.2 


100.0 
100.0 
100.0 
100.0 

55.8 
58.7 
58.4 
48.6 

44.2 

41.3 
41.6 
51.4 


100.0 
100.0 
100.0 
100.0 

50.2 
54.5 
52.8 
44.3 


100.0 
100.0 
100.  0 
100.0 

64.7 

67.7 
68.6 


35.3 
32.3 
31.4 
39.4 


100.0 
100. 0 
100.0 
100.0 


32.5 
30.2 
44.1 


23.  237 
16.239 
9,127 
7,774 

22.  016 
15,  060 
9,121 
7,644 

24,862 
17,017 
9,136 
7,892 


14,397 
10.129 
5,924 
6.  509 


15.  752 
10,876 
6,467 
5,943 


27.  494 
17.  6S0 
8,913 
7,816 

25,  371 

16.362 
8,  221 


13,8 
9,515 
5,583 
5,054 


16,800 
10.604 
6,370 
5,169 

16.013 
10,  414 
6.221 
4,837 


367  24 
258.  55 
157.  77 
124.  67 

310.  91 
241.  09 
156.  29 
117.95 

460. 93 
283.99 
161.  26 

131.  21 


119.16 
90.45 
57.91 
64.12 


120  52 
92.34 
58.53 
54.69 


442.22 
317.37 
162.  93 
119.  42 

649.88 
379.  91 
172.90 
130.  37 


136.  48 
102.  34 
64.16 


130.  24 
100.  99 
64.10 
55.23 

149.  62 
105.  31 
64.30 
60.34 


198.67 
131.47 
82.20 
66.50 


229.81 
140.  53 
85.34 
72.73 


Amount  of  mortgage  debt 


28,  540. 000 
21,  861, 000 
18,  5S7,  000 
26,  426,  000 


28,  540,  000 
21,861,000 
18,  537,  000 
26, 426, 000 


151,452,000 
125.456.000 
104,  659. 000 
138,  862,  000 


151,  452.  000 
125,  456.  000 
104.659,000 
138, 862,  000 


63.  056. 000 
42.621,000 
27,  700, 000 
35,  066, 000 


63.  056, 000 
42,  621.  000 
27,  700. 000 
35,  066, 000 


127, 097.  000 
108,  338. 000 
81.  592,  000 
99,  690, 000 


127,  097,  000 
108,  338,  000 
81,592,000 
99,  690,  000 


195,474,000 
140.921,000 
97,  798, 000 
142,  669, 000 


3,02: 
1,783 
1.016 
1,486 


4,178 

2.635 
2,837 


47.87 
28.38 
17.57 
23.84 


132.  01 
69.73 
47.12 
47.18 


4.773 
3.312 
2,367 
2,472 


3.560 
2,179 
1,402 


7,807 
5,302 
3,276 
3,433 


4,163 
3,118 
2,166 
2,149 


36.52 
28.38 
21.42 
22.75 


68.09 
42.29 
26.  34 


168.  97 

102.  92 
57.58 
53.97 


44.89 
34.  51 
24.95 
25.66 


4. 952 
3.342 
2,339 
2,363 


FARM-MORTGAGE  DEBT 


21 


Table  2. — Number,  Acreage,  and  Value  of  Farms  Operated  by  Full  Owners,  by  Mortgage  Status,  by  Divisions  and  States: 

1940-56— Continued 

(For  10M  and  I960,  no  data  are  included  for  the  District  of  Columbia;  for  1945  and  lfltn,  District  of  Columbia  dafa  in  [ocludj  -.i  with  Maryland] 


Area  and  mortgage  status 


Indiana 

All  farms 1956. 

1950- 
1945. 
1940. 

Free  from  debt 1956. 

1950. 
1945 
1940. 

Mortgaged 1956- 

1950. 
1945. 
1940. 


Ul  farms 1956. 

1950. 
1945. 
1940- 

Free  from  debt 1956. 

1950. 
1945.. 
1940. 

Mortgaged 1956. 

1950.. 

1945. 

1940.. 

Michigan 

LU  farms 1956— 

1950- 
1945- 
1940. . 

Free  from  debt... 1956-. 

1950- 
1945.. 
1940- 

Mortgaged 1956— 

1950. 
1945. 
1940. 


AU  farms-... 1956.. 

1950.. 
1945.. 
1940.. 

Free  from  debt... 1956— 

1950- 
1945- 
1940.. 

Mortgaged 1956— 

1950.. 
1945.. 
1940- 

WEST  NORTH  CENTRAL 

Minnesota 


Free  from  debt. 


Mortgaged . 


.1956.. 
1950.. 
1945.. 
1940.. 

.1956-. 
1950- 
1945 
1940- 


1 06,365 

108,  1911 
107,818 


34,  473 
37.  562 
40,  403 
52,  091 


75,  040 
87,234 
87,  527 
87,004 

54,385 
04,  330 
64,140 
51,  325 

21,255 

22,  898 
23.387 
35,679 


99.  027 
113,914 
120,5x9 
133,  545 

65, 160 
77,  168 
79,  486 
70,  672 

33,  867 
36,  716 
47,  103 
02,  873 


59. 970 
09,  350 
59,  577 
51,  087 

46,  548 
51,417 
60,211 


96,  758 
106,  4S7 
103,  363 
103,  866 

54,  959 
65.  021 
54,  020 
47, 175 


Per- 
cent 
distri- 
bution 


100.  0 
100.0 

loo.  o 

100.0 

63.4 
64.4 
62.7 
51.1 

36  6 
35.6 
37.3 


100.  0 
100.0 
100.0 
100.0 


73.8 
73.3 
69.0 

2S.  1 
26.2 
26.7 
41.0 


100.0 
100.0 
100.0 
100.0 


34.2 
32.3 
37.2 
47.1 


100.0 
100.0 
100.0 
100.0 

56.3 
57.4 
49.7 
40.4 

43.7 
42.6 
50.3 
59.6 


100.0 
100.  0 
100.0 
100.0 

66.8 
B1.6 
52.8 
45.4 

43.2 

38.4 
47.2 
54.6 


Increase  or 

decrease  (— ) 

from  preceding 

Census 


-3,089 
-2.  841 

-12,288 


-1,643 

-489 

-12,  292 


-14,  887 
-12,675 
-6,  956 


-12.008 

-2,318 

8,814 


-2,879 
-10.357 
-15,770 


-14,  255 

985 

-6,813 


-9,  729 
3,124 
-503 


-10,662 

11,001 

7,445 


-11.9 
(z) 
23.0 


-13.1 

-10.0 
-5.2 


-13.5 
16.4 
1G.6 


-10.2 
20.1 
15.8 


8,618,  lino 
8,897,617 
8,  949,  460 

4,  934, 902 

5,  392,  500 
5. 152,  917 
4,268,815 

3,  050,  376 
3.  226.  100 
3,  744,  700 

■t,  680,  615 


8,  385,  496 
8,  748,  000 
8,  928,  706 
9, 136,  105 

5,  903,  389 

6,  256,  600 
5,921,006 
4, 810,  937 

2,  482, 107 

2,  491,  400 

3,  007,  700 

4,  325, 168 


9,  456,  212 
10,  440,  400 
10,  868.  415 
11,170,215 

6,  222, 187 
7, 132,  800 
6,  628, 015 
5,  813,  421 

3,  234, 025 

3,  307.  000 

4,  239,  800 

5,  356,  794 


13,770.665 
14,  978,  700 
14,  217,  080 
14,  078,  747 

7,  042,  719 

5,  585,  S00 

6,  769,  ISO 
5,  406,  752 

6,127.946 
0,392,6110 

7,  448,  500 

8,  671,  996 


15,  452,  508 
16, 175,  500 
14,  387,  533 
13,  495,  563 

8,  ISO,  829 

9,  545,  100 
0,  789,  233 

5,  447,  176 

7,  262, 679 

6,  630,  400 

7,  598,  360 
8, 048,  387 


Per- 
cent 
distri- 
bution 


1011.0 
100.  0 
100.0 
100.0 


38.2 
37.4 
42.1 
52  3 


10(1.  0 
100.0 
100.  0 

ioo.o 

70.4 
71.5 
66.3 
52.7 


28.5 
33.7 
47.3 


100.0 
100.0 
100.  0 
100.  0 


34.2 
31.7 
39.0 
48.0 


100.0 
100.0 
100.0 
100.0 


44.5 
42.7 
52.4 
61.6 


100.0 
100.0 
100.0 
100.0 

53.0 
59.0 
47.2 
40.4 

47.0 
41.0 
52.8 
59.6 


82.6 
79.5 
76.0 


110.9 
100.3 
102.0 
105.  0 


97.2 
92.3 
93.7 


95.5 
91.7 
85.9 


95.5 
90.0 
90.0 
85.2 


129.3 
124.0 
118.7 
lit. 2 


12:;.  8 

113.6 
105.  8 

131.6 
124.3 
123.7 
114.8 


159.7 
151.9 
139.2 
129.9 

149.0 
145.5 
121.3 


173.8 
162.2 
155.9 
142.0 


Value  of  land  and  buildings 


1,601,919,000 

1,  072,  323,  000 

775,  963,  727 

665,  488,  890 

980,  374,  000 
674,211,000 
450,  024,  727 
260,  568,  537 

621,545,000 
398,112,000 
325,  939.  000 
304,  920,  353 


1,731,936,000 

1,328,157,000 

969,  675,  322 

734,  466,  452 

1, 156,  933,  000 
920,  238,  000 
598,  517,  322 
349,  959,  087 

575,  003,  000 
407,919,000 
371,  058,  000 
384,  607,  365 


1,  380,  318,  000 

1, 026,  599,  000 

710,  029,  806 

579,  823.  740 

877, 882,  000 
679,  355, 000 
437,110,806 
294,  417,  766 

502,  436,  000 
347,  244,  000 
272,  919,  000 
285,  405.  974 


1,  472,  692,  000 

1,287,454,000 

847, 489,  699 

757,241,423 

80S,  608,  000 
721,  631,  000 
392,  607,  699 
279,  540,  643 

664, 184,  000 
565, 823,  000 
454,  882,  000 
477,  700,  780 


1,779, 19S,  000 

1,  301,  648,  000 

820, 846. 142 

655, 675, 822 

962,  546,  000 
768.  214,  000 
373,  080, 142 
253,  866,  641 

810,  662,  000 
633,  434, 000 
447,  766,  000 
401,  809, 181 


Per- 
cent 
distri- 
bution 


100.0 
100.0 
100.  0 
100.0 


67  1 
42.0 
53.9 


100.0 
100.0 
100.0 

ioo.o 


69.3 
61.7 
47.6 


ioo.o 

100.0 
100.0 
100.0 


100.0 
100.0 
100.0 
100.0 


50.0 
46.3 
36.9 

45.1 
44.0 
53.7 
03.1 


100.  6 
100.0 
100.0 
100.0 

54.1 
59.0 
45.5 
38.7 

45.9 
41.0 
54.5 
61.3 


17.  60S 
10.177 
7,172 
5,245 

16.418 
9, 944 
6,  038 
4.  727 


22,897 
15,225 
11,077 
8,442 

21,  273 
14,304 
9.331 
6,818 

27,  053 
17,815 
15,866 
10,777 


13,  939 
9,012 
5,609 
4,342 


13.  820 
10,  '.60 
7.  075 


13.  }'.2 
10.  405 
6,  590 
5.  472 


IS,  3S8 
12.  224 
7,941 
6,313 

17,  514 
11,707 
6,  S30 
5,381 


2(10.61 
121.42 
87.21 
63. 19 


263.  76 
123.  40 
87.04 
65. 14 


211b.  5 ! 
151.82 

108.  59 


195.  96 

147.08 
101.  08 
72.74 

231.66 
163.  73 
123.  37 


141.09 
95.24 
05.  94 
50.64 

155. 35 

101.9.8 
04.37 
53.28 


85.  95 
69.  61 
53.79 

105.  79 
84,  05 
58.  00 
51.70 

108.  39 
88.  51 
61.  07 
55.  09 


115.14 
80.47 

57.  05 
48.58 

117.53 
80.48 
54.  95 
46.61 

112.45 
80.45 

58.  93 
49.92 


Amount  of  mortgage  debt 


Average  debt 
(dollars) 

Per 
farm 

Per 
acre 

value 
(per- 
cent.) 


146,685,000 

10  1.  729,000 
87,  352, 000 

I16.,  100,  1106 


148.635,000 
104,  729.  000 
87,  362,  000 
110.166,000 


133,  001,  000 
107,515,000 
10.5.  009,  000 
163,  898, 000 


138,001,000 
107,  515,  000 
105,  009,  000 
163, SOS,  000 


137,607,000 
108, 190,  000 
92,  792,  000 
117,401,000 


137,  667,  000 
108,190,000 
02,  702, 000 
117,401,000 


245,  748,  000 
203,110,000 
191,  050,  000 
261,838,000 


245,  748,  000 
203,110,000 
191,060,000 
201,838,000 


249,  079,  000 
165,101,000 
170,699.000 
205.  833,  600 


1.557 
994 

867 
1.  077 


4,  255 
2.  7gg 
2,  162 

2,  265 


1.S24 
1,  232 
1,200 

1,884 


6,  493 
4,095 
4,  490 

4,594 


4,  065 
2,944 
1,970 
1,867 


2.  307 
1,682 
1,595 

2.008 


5.  279 
3,  956 
3,173 
3,467 


2,574 
1,550 
1,  660 
1.991 


249,  079, 000 
165,  101,  000 
170,  599,  000 
205,  833,  000 


5,959 
4, 040 
3,  500 
3,631 


18  111) 
32.  40 
23  33 
24.  82 


16.46 

12.29 
11.76 
17.  94 


65.  60 
43.15 
34.  91 
37.89 


14.56 
10.  36 
8.54 
10.51 


42.57 
32.71 
21.89 
21.92 


17.85 
13.60 
13.44 

IS.  60 


40.10 
31.77 
25.65 
30. 19 


16.12 
10.21 
11.86 

15.25 


z  0.05  percent  or  less. 


22 


FARM-MORTGAGE  DEBT 


Table  2. — Number,  Acreage,  and  Value  of  Farms  Operated  by  Full  Owners,  by  Mortgage  Status,  by  Divisions  and  States: 

:'■■'■■  .    ■  *gi$8&®m^tiffi$ffitiLl940-56— Continued 

[For  1956  and  1950,  no  data  are  included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  included  with  Maryland] 


Area  and  mortgage  status 


Per- 
cent 
distri- 
bution 


Increase  or 

decrease  (— ) 

from  preceding 

Census 


Land  in  farms 


Per- 
cent 
distri- 
bution 


Value  of  land  and  buildings 


cent 

distri- 
bution 


Average  value 
(dollars) 


Amount  of  mortgage  debt 


AH  farms 1956. 

1950- 
1945- 
1940. 

Free  from  debt 1956- 

1950. 
1945.. 
1940 

Mortgaged 1956.. 

1950. 

1945- 

1940 


AU  farms 1958- 

1950- 
1945- 
1940- 

Free  from  debt 1956.. 

1950- 
1945- 
1940- 

Mortgaged 1956— 

1950- 
1945.. 
1940- 

North  Dakota 

All  farms 1956— 

1950. 
1945. 
1940. 

Free  from  debt 1956. 

1950. 
1945. 
1940- 

Mortgaged 1956- 

1950- 

1945 

1940 

South  Dakota 

All  farms. 1956. 

1950- 

1945. 

1940- 


-1056. 
1950. 
1946. 
1940- 


ms 1956 

1950- 

1945. 

1940- 

>  from  debt 1956. 

1950. 
1945. 
1940- 


Mortgaged. 


1950. 
1945. . 
1940.- 


87, 984 
94,833 
94,673 
88,206 

100.0 
100.0 
100.0 
100.0 

48,215 
58, 475 
45,  592 
34,015 

64.8 
61.7 
48.2 
38.6 

39, 769 
36, 358 
48, 981 
54,191 

45.2 
38.3 
51.8 
61.4 

12S,  124 
146.  427 
145,  426 
133, 927 

100.0 
100.0 
100.0 
100.0 

83,  793 
96,889 
92,  255 
70,  745 

65.4 
66.2 
63.4 
52.8 

44,331 

49,638 
63,171 
63,182 

34.6 
33.8 
36.6 
47.2 

23,467 
25,483 
22,160 
18,  651 

100.0 
100.0 
100.0 
100.0 

14, 643 
16,  675 
12,287 
7,056 

62.4 
65.4 
55.4 
37.8 

8,824 
8,808 
9,873 
11,  595 

37.6 
34.6 
44.6 
62.2 

19,  714 
20,697 
17,329 
15,053 

100.0 
100.0 
100.0 
100  0 

11, 947 
13,  593 
9,123 
6,914 

60.6 
65.7 
52.6 
45.9 

7,767 
7,104 
8,206 
8,139 

39.4 
34.3 
47.4 
54.1 

35, 141 
37,  939 
33.622 
35,064 

ioo.o 

100.0 
100  0 
100.0 

21,823 
25,341 
19, 195 
14, 882 

62.1 
66.8 
67.1 
42.4 

13,  318 
12,  598 
14,427 
20,182 

37.9 
33.2 
42.9 
67.6 

-10,260 
12,883 
11,  577 


3,411 
-12,623 
-5,  210 


-18,  303 
1,001 
11, 499 


-13,096 
4,634 
21,  510 


-5,  207 
-3,  633 
-10,011 


-2,016 
3,323 
3,509 


-1,646 
4,470 
2,209 


-3,518 
6,146 
4,313 


-12.2 
35.  7 

74.1 


-12.1 
49.0 
31.9 


-13.9 
32.0 
29.0 


12,019,329 
12,  431,  500 
12,534,980 
11,607,296 

6, 117,  838 
7,  234, 100 

5,  045,  280 
3,  842,  973 

6,  901,  491 
5, 197. 400 

7,  489,  700 
7,  764, 323 


17,  79b,  873 
19, 043,  900 
18,101,688 
16, 083,  322 

11,  852,  717 
13,  249,  000 
10,801,388 
8,  254,  351 

5,  944, 156 

6,  794,  900 

7,  300,  300 
7,  828,  971 


11,  480,  569 
11,852,400 

8,  8S6,  850 


7,140,914 
7,  902,  7(10 
4,  727.  950 
2,  299, 174 

4,  339,  655 
3, 889,  700 
4, 158,  900 
4,  230,  491 


7.522,  1112 
7,551,300 
5.  091.  333 
4,  012, 130 

4,  325,  209 

4,  879,  SIX) 
2,  55.8.  .-.27 
1,787,015 

3, 196,  893 
2, 671,  500 
2,  532, 806 
2,225,115 


11.990,993 
12,400,5110 
10,  044,  431 
10,  281,  759 

7,  002,  740 
7,  948,  300 
5,410.931 
3, 692,  949 

4, 988,  253 
4,  458.  200 
6,  233,  500 
6,588,810 


100.0 
100.0 
100.0 
100.0 

50.9 
58.2 
40.2 
33.1 


41.8 
59.8 
66.9 


100.0 
100.0 
100.0 
100.0 


33.4 
30.4 
40.3 


100.0 
100.0 
100.0 
100.0 

62.2 
67.2 
53.2 
35.2 


1(111  0 
100.0 
100.0 
100.0 

57.5 
64.6 
50.3 
44.5 

42.5 

35.4 
49.7 
55.5 


100.0 
100.  0 
100.0 
100.0 


41.6 
35.9 
49.2 


136.6 
131.1 
132.5 
131.6 

126.9 
123.7 
110.7 
113.0 

148.4 
143.0 
152.9 
143.3 


138.9 
130.1 
124.5 
120.1 


136.7 
117.1 
116.7 

134.1 

117.0 
137.3 
123.9 


465.1 
401.0 
350.1 


491.8 
441.6 
421.2 

304.9 


381.6 
364.9 
293.8 
266.5 


341.2 
327.0 
316.6 
293.2 

320.9 
313.7 
281.9 
248.1 


2,  435,  800. 000 

1, 888,  717, 000 

1, 331,  525,  329 

981,  300,  643 

1,  264,  ISO,  000 

1, 128,  437,  000 

541, 891.  329 

318,  713, 767 

1,171,620,000 
760,  280,  000 
789,  634, 000 
662,  586, 876 


1, 422,  545,  000 

1,114,741,000 

738, 493,  447 

506,  379,  892 

903,316,000 
751,  692, 000 
421,  297,  447 
254,  790, 247 

519, 229,  000 
363.  049, 000 
317,196,000 
251,689,645 


494,  212, 000 
385, 232,  000 
189. 204,  339 
119,919,247 

314,  319,  000 
263,  248,  000 
98, 498,  339 
40,  418,  226 

179, 893.  000 
121, 984,  000 
90,  706,  000 
79,601,021 


426,  746,  000 
319. 042,  000 
155,  711,  021 
93,  926, 404 

258,  60S,  000 
207.  395,  000 
74, 104,  921 
35, 043,  517 

168. 138.  000 
111,647.000 
81.607,000 
5S,  882, 887 


918,  275,  000 
703.  079,  000 
403,  302,  045 
303,  498,  787 

53S,  109,  000 
457, 321,  000 
211,203,045 
109,  555,  732 

380, 166,  000 
245,  758.  000 
197, 094,  000 
193,  943,  055 


100.0 
100.0 
100.0 
100.0 

51.9 

59.8 
40.7 
32.5 


40.2 
59.3 
67.5 


100.0 
100.0 
100.0 
100.0 

63.5 
67.4 
57.0 
50.3 

35.5 
32.6 
43.0 


100.0 
100.0 
100.0 
100.0 


100.0 
100.0 
100.  0 
100.0 


100.0 
100.  0 

li  in.  o 
100.  0 


65.0 
51.7 
36.1 

41.4 
35.0 
48.3 


27,  085 
19,  916 
14,  079 
11,125 

26,  220 
19,  298 
11,886 
9,370 

29, 461 
20.911 
16, 121 

1 2.  227 


11, 103 
7,613 
5,078 
3,781 

10,  780 
7,758 

4,  567 
3,602 

11,713 

7,  329 

5.  966 
3,892 


21,405 
13.787 
8,016 
5,728 

20,  3S7 
13.819 
9,187 


21,647 
15.415 
S.986 
6,  2-10 


21,  64S 
la,  716 
9,945 
7,235 


20.  r-ii 

18,  532 

12,  144 
8,656 

24,  658 

18.  017 
11,  003 

7,362 

28.545 

19,  508 

13,  661 
9,610 


202.  66 
151.93 
1110.22 
84.54 

206.64 
155.99 
107. 41 
82.93 

198.  53 
146.28 
105.  43 
S5.34 


79.93 

58.54 
40.  SO 
31.48 

76.21 
56.74 
39.00 
30.87 

37.35 
62.  65 
43.45 
32.14 


43.05 
32.50 
21.29 
18.37 

44.02 
33.08 
20.83 
17.58 

41.45 
31.33 
21.  SI 

18.79 


56.  73 
42.25 
30.58 
23.41 

59.79 
42.50 
28.06 
19.61 

52.59 
41.79 
32.22 
26.46 


76.  58 
56.67 
38.36 
29.52 


76.21 
65.12 
37.66 
29.44 


317,  509,  000 
213,054,000 
286,  637,  000 
347, 765,  000 


317,509,000 
213.054,000 
286, 637,  000 
347,  765, 000 


149,  53S,  000 
97,  282, 000 
119,  900,  000 
121,029,000 


5,860 
5,852 
6,417 


149,  538.  000 
97,  282,  000 
119.900,000 
121,029,000 


43,  534.  000 
29, 153,  000 
32,  920.  000 
43, 166,  000 


43,  534,  000 
29, 153, 000 
32,  926, 000 
43, 166, 000 


43,211,000 
29.  935.  000 
31, 174.  000 
33,  560,  000 


43,211,000 
29.  935.  000 
31. 174.  000 
33,  560,  000 


92.  000.  000 
62,  257,  000 
68. 194,  000 
109,  226,  000 


92,  000,  000 
62,  257, 000 
68. 194. 000 
109,  226,  000 


3.373 
1,964 
2,255 
1,916 


4,934 
3.310 
3.335 
3,723 


5.563 
4,214 
3,799 
4,123 


2.618 
1,641 
2.028 
3,115 


4,942 
4,727 
6,412 


26.42 
17.14 
22.87 


53.80 
40.99 
38.27 
44.79 


25.16 
16.79 
16.42 


3.79 
2.46 
3.70 
6.61 


6.74 
3.96 
6.12 


13.52 
11.21 
12.31 

15.08 


7.67 
6.02 
6.41 
10.62 


18.44 
13.96 
13.03 
16.68 


FARM-MORTGAGE  DEBT 


23 


Table  2. — Number,  Acreage,  and  Value  of  Farms  Operated  by  Full  Owners,  by  Mortgage  Status,  by  Divisions  and  States: 

1940-56 — Continued 

[For  1956  and  1960,  no  data  are  Included  for  the  District  of  Columbia;  for  1945  and  1949,  District  of  Columbia  data  are  Included  with  Maryland] 


Area  and  mortgage  stall; 


l*r«>  from  debt. 


Mortgaged  . 


-  1956 
1950- 
1945. 
1940 

-.1956- 
1950 
1945 
1910 


Farms 


•SOUTH  ATLANTIC 


195(1. 
1960. 

1945- 
1940. 


1U.VJ. 

1950- 
1945- 

1940. 


Mortgaged. 


Free  from  debt... 


Mortgaged. 


West  Virginia 
All  farms 


Free  from  debt. . 


Mortgaged. 


in50. 

1950. 
1945. 
1940- 

. 1956- 
195(1- 
1945. 
1940- 

.1956- 
1959. 
1945. 


1956. 
1950- 
1945- 
1940. 

1956. 
1950- 
1945. 
1940. 

.1956. 
1950- 
1945. 


. 1956. 
1950. 
1945. 
1940. 

.1956. 
1950. 
1945. 
1940- 

.1956. 
1950. 
1946. 
1940. 


15.  513 

50.  6S0 
52.  469 


:iii,  o;i9 
:).-.,  5.X0 

34,  712 
25,834 

15,  474 
15,  100 
17,  757 

26  607 


4,237 
5,194 
6,  527 
6,401 

2,881 
3,  622 
4,425 
3.063 

1,356 
1,572 

2,102 
2,338 


22,505 
25,671 
28.  403 
28,766 

14,538 
17. 191 

18,  243 
17.  070 


94,  431 

ins,  ass 

124,383 
113,510 


20.  208 
17,  530 

21,  508 

28,  3*1 


56,  243 
67,  583 
78,  398 
71,542 


9,168 
10.688 

9,930 
13,840 


Per- 
cent 

distri- 
bution 


100.0 
100.  0 
100.0 
100.0 

66.0 
70.2 
68.2 


Increase  or 
decrease  (— ) 
from  preceding 


loo.  0 
100.0 
100.  0 
160.0 


32.0 
30.3 
32.2 
43.3 


100.  0 
100.  0 
100.0 
100.0 

64.6 
67.0 
64.2 


Kill.  0 
100.0 
100.  0 
100.  0 


in.  4 

18  2 
17.3 

25.0 


100.  0 
100.0 
100.0 

100.0 


16.3 

15.8 
12.7 
19.3 


-216 
-530 
-236 


2,  653 
-1,052 
1,173 


-513 

- 1,  680 
-1,536 


-16,585 
-12,067 
17,  734 


2,678 
-3,  978 
-6.  861 


-9,  820 
-11,573 
10,  766 


-18.4 
-20.4 
20.8 


Land  In  farms 


-13.7 
-25.2 
-10.1 


-6.0 
-16.5 
-13.1 


-18.3 
-11.7 
20.8 


15  •'. 

-18.5 

-24  2 


-17.3 
-16.9 
18.7 


10.  165,  236 
10,331.700 
10,  971,  994 
11,036,433 

6,  454,  925 

7,  406,  200 
7.  300,  294 
4, 824,  977 

3.710,311 

2.  925.  500 

3,  671,  7011 
6.  210,  456 


422.8115 
467,  100 
511,157 
438,409 


310.! 

323,  957 
247,  695 

136,  143 

150.  200 
1S7,  200 
190,  705 


2,251,151 
2,  428.  600 
2,  36.8.  40(1 
2,  412, 796 

1,386,709 

1,570,800 
1.393,090 
1.304,452 

864, 442 

857, 800 

975,  400 

1. 108.  344 


9.433,421 

10.  501.  500 

11,  065,  134 
10,411,250 


2.  264,  021 
2.  007,  100 
2,  396. 100 
3  192,660 


5,  614,  746 

6,  410.  200 
6,  774.  545 
6, 370,  918 

4,  547, 944 

5.  294.  600 
5,  647. 445 
4,  890,  556 

1,066,802 
1,115,600 
1, 127, 100 
1,  480,  362 


Per- 
cent 

rlislll- 

hufinn 


100.0 
100.  0 
100.  0 
100.0 


228  3 
203.  9 
209.  1 
210.4 

214.9 

208  2 
210.3 
186.8 

239.8 
193.7 

206.  S 


Value  of  land  and  buildings 


100.0 
100.0 
100.0 

loo.o 

99.8 
89.9 
78.3 
81.2 

67.8 
67.8 
63.4 
56.5 

99.5 
87.5 
73.2 
80.9 

32.2 
32.2 

36.6 
43.  5 

100.4 
95.5 
89.1 
81.6 

100.0 
100.0 
100.0 
100.0 

100.  0 

94.6 
83.4 
83.9 

61.6 
64.7 
58.8 
54.1 

95.4 
91.4 

76.  4 
76.4 

38.4 
35.3 
41.2 
45.9 

108.5 
101.2 
96.0 
94.8 

100.0 
100.0 
100.0 
100.0 

99.9 
97.0 
89.0 
91.7 

76.0 
80.9 
78.3 
69.3 

96.6 
93.6 
84.3 
84.8 

24.0 
19.1 
21.7 
30.7 

112.0 
114.5 
111.4 
112.5 

100.0 
100.0 
100.0 
1011.  0 

99.8 
94.8 
86.4 
89.1 

81.0 
82.6 
83.4 
76.8 

96.6 
93.0 
82.5 
84.8 

19.0 
17.4 
16.6 
23.2 

116.4 
104.4 
113.5 
107.0 

894,  792,  000 
711,555,000 
492,  900,  483 
383,  542,  350 

585,  194,000 
513,  938,  000 
326, 130,  483 
167,  528,  244 

309,  698,  000 
197.  617,  000 
166.  770,  000 
216,014,106 


74,  047,  000 
67,  076,  000 
40.  711,  339 
32.  492,  779 

46, 427,  000 
38.  328,  000 
27, 178. 339 
19, 162,  642 

27, 620,  000 
18.  748,  000 
13.  633, 000 
13,  330,  137 


447,  232,  000 
315,  716,  000 
209,  517,  768 
173,039,562 

252.  239,  000 
199,110.000 
126,  950,  768 
96,  921,  801 

194.  993. 000 
116.606,000 
82,  561,  000 
76,  661, 161 


1,162,831,000 
879, 828,  000 
602,  685,  982 
450,  782,  784 

831. 424,  000 
681,723,000 
453,  072,  982 
299,  420, 806 

331,  407, 000 
198, 105, 000 
149, 613,  000 
151,361,978 


353, 194, 000 
375,  433. 000 
264,  623, 298 
199,674,963 

273, 019, 000 
303,  285.  000 
218,  264,  298 
147,961,318 

80,175,000 
72, 148,  000 
46, 359. 000 
61,713,645 


Per- 
cent 
distri- 
bution 


100.0 
100.0 
100.0 

loo,  o 


34.6 

27.8 
33.8 
56.3 


100.0 
100.0 
100,0 
100.0 


100.  0 
100.0 
100.  0 
100.0 


43.6 
36.9 
39.4 
44.2 


100.  0 
100.0 
100.0 
100.0 

71.5 
77.5 
75.2 


100.0 
100.0 
100.0 
100.  0 


22.7 
19.2 
17.5 
26.9 


Average  value 
(dollars) 


19,66.1 
14,010 
9,394 
7,314 


20,1)08 
13.087 
9.  392 
8.  119 


17,476 
10.  989 
0,237 
6.018 

16,116 

10,  -.82 
6,142 
8,  250 


19.8,3 

12,  299 

7.  377 
6,034 

17,  350 
11.582 
6,  959 
5,678 

24,  475 

13,  751 

8.  126 


12,314 
8,121 
4.S45 
3,971 

11,202 
7,507 
4,404 
3,517 

16,400 
11.301 
6.956 
5,335 


6,280 
5,  555 
3,375 
2,791 


6,331 
3,188 

2,564 


68,  87 
44.  92 
34.76 


83,41 
67.55 
45.  42 
34.78 


175.  13 
122,  19 
79.  65 
74.12 


21)2.  87 
124.82 
72.29 
60.90 


198.  07 
130  (!() 
88,33 
71.73 

181.90 
126.  76 
91.13 
74.30 


155  94 
84  64 
69.  17 


123.  27 
83.76 
54.47 
43.30 

115.97 
80.  23 
52.26 
41.48 

146,38 
98.70 
62.  44 
47.41 


62.90 
5.8,  57 
39.06 
31.34 

60.03 
57.28 
38.65 


75.16 
64.67 
41.13 
34.93 


Amount  of  mortgage  debt 


76, 471, 000 
61,086,000 
54,  034,  000 
95,141.000 


76,  471.  000 
51,  OS6.  000 
54,  034, 000 
95,  141,  000 


8,  175,  000 
0,  559,  000 
4,  750.  000 
6,  532.  000 


8,  176, 000 
6,  559,  000 

4,  750,  000 

5,  532,  000 


61,  888,  000 
36.821,000 
28,  236.  000 
32,  364,  000 


1,  680 
1.008 
1,030 
1,814 


4,  942 
3.383 
3.043 


u.  629 
4,172 
2,260 


61.  868,  000 
36.  821,  000 
28,  236,  000 
32. 364.  000 


89.148,000 
63,  541. 000 
44,  280,  000 
50, 995. 000 


89, 148,  000 
63,  541,  000 
44,  286, 000 
■50, 995, 000 


22,  529, 000 
19,936,000 
15, 113,  000 
17,421,000 


22,  529, 000 
19, 936,  000 
15,113,000 
17,421,000 


4,342 
2,779 
2,767 


4,412 
3.054 
2,  059 
1,798 


2,457 
1,865 
1,522 


20.  61 
17.46 
14.72 

15  32 


19.34 
14.04 
9.29 

12  62 


60. 06 

43.67 
26.37 
29.  01 


23.04 
15.16 
11.92 
13.42 


9.46 
5.10 
4.00 

I  90 


39.38 
26.  68 
18.48 

15  97 


4.01 
3.11 
2.23 

2.73 


21.12 
17.87 
13.41 
11.77 


24 


FARM-MORTGAGE  DEBT 


Table  2. — Number,  Acreage,  and  Value  of  Farms  Operated  by  Full  Owners,  by  Mortgage  Status,  by  Divisions  and  States: 

1940-56 — Continued 

.  [For  1956  and  1950,  no  data  are  included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  included  with  Maryland] 


Area  and  mortgage  status 


SOUTH  ATLANTIC— Con. 

North  Carolina 

All  farms ..1956. 

1950. 
1945. 
1940. 


Free  from  debt-. 


.1956.. 
1950- 
1946.. 
1940- 

Mortgaged 1956.. 

1950.. 
1945. . 
1940- 

South  Carolina 

All  farms -1956- 

1950. 
1945. . 
1940.. 

Free  from  debt 1956.. 

1950- 
1945.. 
1940. 

Mortgaged ..1956.. 

1950. . 
1945.. 
1940- 


All  farms 1956.. 

1950.. 
1946.. 
1940.. 

Free  from  debt 1956. 

1950. 
1945. 
1940. 

Mortgaged 1956_ 

1950- 
1945- 


i.11  farms 1956. 

1950. 
1946. 
1940- 

Free  from  debt 1956. 

1950. 
1945. 
1940. 


Mortgaged.  . 


..1956.. 
1950.. 
1945.. 
1940.. 

EAST  SOUTH  CENTRAL 

Kentucky 

All  farms... .' 1956.". 

1950.. 
1945. 
1940. 

Free  from  debt.- 1956.. 

1950.. 
1945. 
1940.. 

Mortgaged 1966- 

1950. 
1945. 
1940. 


129, 239 
142,  085 
144,  450 
132,  451 

96, 671 
117,082 
119,629 

93, 476 

32,  56S 
25, 003 
24,  821 
38,  975 


42,  874 
46,  006 
44,741 
32,  780 

14,  752 
13,  276 
15,016 
.  17,  863 


88.  005 
95,908 
96,  134 
76, 103 

59,  579 
70, 193 
68,614 
46,  258 

28,  426 

25,  715 
27,  520 


45,448 
42,806 
45.  473 
40,  692 

31,  495 

32,  677 
37, 159 
28,397 


126,  118 

113.455 
159,889 
149,  695 

97,  489 
117,756 
130,  963 
109,  703 


Per- 
cent 
distri- 


100.0 
100.0 
100.0 
100.0 


100.0 
100.0 
100.  (1 
100.0 

74.4 
77.6 
74.9 
64.7 

25.6 
22.4 
25.1 


100.0 
100.0 
100.0 
100.0 

67.7 
73.2 
71.4 


100.0 
100.0 
100.0 
100.0 


30.7 
23.7 
18.3 
30.2 


100.0 
100.0 
100.0 
100.0 

77.3 
82.1 
81.9 
73.3 

22.7 
17.9 
18.1 


Increase  or 

decrease  (— ) 

from  preceding 

Census 


-12, 846 
-2,365 
11,999 


-20,  411 
-2,  547 
26,153 


-3, 132 
1,265 
11,  961 


1,476 
-1,740 
-2,847 


-10,614 
1,679 
22,  366 


2,711 
-1,805 
-2,  325 


2,642 
-2,  667 
4,781 


-1,182 
-4.  482 
8,762 


-17,337 
-16,434  ' 
10, 194 


-20,  267 
-13.207 
21,260 


2,930 
-3, 227 
-11.066 


-17.4 
-2.1 
28.0 


11.1 
-11.6 

-15.11 


37.8 
21.8 
-32.4 


-17.2 
-10.1 
19.4 


9,  816,  158 
10,  544, 100 
10,  482, 012 

9,  803,  644 

7, 155,  979 
8,631,700 
8,  275,  412 
6,  636, 242 

2,  660, 179 
1,912,400 
2,  206,  600 
3, 167,  402 


6,917,081 
6,  148,  600 
6,041,732 
5, 169,  542 

4,  473, 313 
4,  731,  300 
4,  273,  832 
3, 023,  741 

1,  443, 768 
1,417,300 
1,  767,  900 
2, 145,  801 


13,  405, 171 

14,  076, 100 
12.  350, 114 

9,  942,  312 

8,  639,  094 
10,  204, 100 
8,  073,  214 
5,  414, 105 

4,  866.  077 

3,  872, 000 

4,  2715,  9110 
4,  528, 207 


8,041,619 
7, 278,  500 
6,401,537 
3,  688, 119 


5,  204,  100 
5, 257,  637 

2,  200, 199 

3.  224,  689 
2, 074,  400 
1, 143, 900 
1,  487,  920 


11.690,564 
12,681.600 
13, 457,  350 
12,  792,  862 

8,  592,  565 
10, 107,  300 
10,  547,  559 

8,  785, 951 

3, 097,  999 
2,  574,  300 
2,  909,  800 
4,  006,  911 


Per- 
cent 
distri- 
bution 


100. 0 
100.0 
100.0 
100.0 

72.9 
81.9 
78.9 
67.7 

27.1 
18.1 
21.1 
32.3 


100.0 
100.0 
100.0 
100.0 

75.6 
77.0 
70.7 


24.4 
23.0 
29.3 
41.5 


100.0 
100.0 
100.0 
100.0 

63.7 

72.5 
65.4 
64.5 

36.3 
27.5 
34.6 


100.0 
100.0 

inn.o 

100.0 

59.9 
71.5 
82.1 


inn.o 

100.0 
100.  0 
100.0 

23.5 
79.7 
78.4 


26.5 
20.3 
21.6 
31.3 


74.0 
73.7 
69.2 
71.0 


102.7 
103.7 
101.1 
102.1 


97.9 
106.8 
117.7 
120.1 


152.3 
146.8 
128.5 
130.6 


145.  4 
117.7 
117.0 

171.2 
150.6 
155.  4 
151.7 


176.9 
170.0 
140.8 
90.6 


231.1 

204.  8 
137.  6 
121.0 


ins.  2 
100.2 
100.6 
100.2 


Value  of  land  and  buildings 


1,271,950,000 
938,  295, 000 
638, 319, 822 
376,  836,  675 

895,  453, 000 
747,113,000 
419, 207,  822 
242,  558,  245 

376,  497, 000 
191, 182,  000 
119,112,000 
134, 278,  430 


568,  532, 000 
422,  696, 000 
240,  587,  430 
163,  435,  752 

421,  282,  000 
317, 184, 000 
171,  693,  430 
92, 796,  561 

147,  250, 000 
105,  512,  000 
68,  894,  000 
70,  639, 191 


915,571,000 
612,  360, 000 
353,  305, 071 
214,  274,  764 

532,  802, 000 
430,  714,  000 
235,  007, 071 
111,691,198 

382,  709, 000 
181,646,000 
118,298,000 
102,  583,  566 


1,  469,  305, 000 
525,  959, 000 
314,  912,  049 
191, 527,  202 

937,417,000 
362. 063, 000 
252,  492, 049 
114,426,403 

531,888,000 
163,  896, 000 
62,  420, 000 
77, 100, 799 


1, 049, 758,  000 
949,417,000 
666,  562,  791 
487,  207, 910 

760, 025,  000 
698,  520. 000 
492, 353,  791 
305,  407, 105 

289,  733,  000 
250,  897,  000 
174,  209,  000 
181,  800,  805 


Per- 
cent 
distri- 
bution 


100.0 
100.0 
100.0 
100.0 


29.6 
20.4 
22.1 


100.0 
100.0 
100.0 
100.0 

74.1 
75.0 
71.4 
56.8 

25.9 
25.0 
28.6 
43.2 


100.0 
100.  0 
100.0 
100.0 


100.  0 
100.0 
100.0 
100.0 


36.2 
31.2 
19.8 
40.3 


100.  0 

ion.  o 

100.0 
100.0 

72.4 
73.6 
73.9 
62.7 

27.6 
26.4 
26.1 
37.3 


Average  value 
(dollars) 


9,263 
6,381 
3,504 
2,595 

11,560 
7,646 
4,7 
3,445 


7,130 
4,  026 
.  3,  227 

9,826 
6,894 
3,837 
2,831 


10.404 
6,385 
3,675 
2,816 

8,944 
6,136 
3,425 
2,415 

13,463 
7,064 
4,299 
3,437 


32.  329 
12,287 
6,925 


29,764 
11,080 
6,795 
4,030 

38,120 
16, 181 
7,508 
6,271 


7,796 
5, 932 
3,  759 


10, 120 
9,763 
6,023 
4,646 


125. 13 
86.55 
50.66 
36.55 


94.18 
67.04 
40.17 


101.99 
74.45 
38.97 
32.92 


43.50 
28.61 
21.55 

62.40 
42.21 
29.11 
20.63 

78.65 
46.91 
27.66 
22.  65 


182.  71 
72.26 
49.19 
51.93 

194.  61 
69.67 
48.02 
52.01 

164,94 
79.01 
64.57 
51.82 


88.45 
69.11 
46.68 
34.76 

93.52 
97.46 
59.87 
45.37 


Amount  of  mortgage  debt 


90, 359, 000 
48, 115,  000 
43,  833, 000 
48,  202, 000 


90, 359, 000 
48,115,000 
43,  833, 000 
48,  202, 000 


40,  494, 000 
25,  804,  000 
23, 080, 000 
24,  638,  000 


40,  494, 000 
25,  804,  000 
23, 080, 000 
24,638,000 


92,  616, 000 
51,  727, 000 
41,996,000 
40, 465, 000 


92,616,000 
51,727,000 
41,996,000 
40,  465, 000 


113,292,000 
36,  542, 000 
20, 037,  000 
21,962,000 


113,  292,  000 
36,  542, 000 
20, 037, 000 
21, 962, 000 


88.  658,  000 
68.  258, 000 
54. 005. 000 
67,  172, 000 


88, 658, 000 
68, 258, 000 
(  54, 005, 000 
;  67,172,000 


2,774 
1,924 
1,766 
1,237 


2,745 
1,944 
1,537 


3,258 
2,012 
1,526 
1,  356 


33.97 
25.16 
19.86 
15.22 


3,097 
2,656 
1,8" 


28.05 
18.21 
13.06 
11.48' 


6.91 

3. 67 
3.40 
4.07 


19.03 
13.36 
9.82 
8.94 


14.09 
5.02 
3.13 
5.95 


35.13 
17.62 
17.52. 
14.76 


5.  38 
4.01 
5.25 


26.52 
18.56 
16.76 


FARM-MORTGAGE  DEBT 


25 


Table  2. — Number,  Acreage,  and  Value  of  Farms  Operated  by  Full  Owners,  by  Mortgage  Status,  by  Divisions  and  States: 

1940-56— Continued 

[For  1050  and  1950,  no  data  are  Included  for  the  District  of  Columbia;  for  1945  and  1910,  District  of  Columbia  data  are  Included  with  Maryland) 


Area  and  mortgage  status 


Per- 
cent 
distri- 
bution 


Increase  or 

decrease  (— ) 

from  preceding 

Census 


Land  In  farms 


Per- 
cent 
distri- 
bution 


Value  of  land  and  buildings 


cent 
distri- 
bution 


Average  value 
(dollars) 


Amount  of  mortgage  debt 


All  farms 1956., 

1950.. 
1945.. 
1940.. 

Free  from  debt 1966- 

1950.. 
1945.. 
1940.. 

Mortgaged 1956.. 

1950.. 
1945- 
1940. . 


All  farms 1956 

1950.. 

1945. 

1940.. 

Free  from  debt 1956. 

1960. 
1945. 
1940. 

Mortgaged 1956.. 

1950.. 

1945 

1940 

Mississippi 

All  farms 1966. 

I960.. 

1945. 

1940.. 

Free  from  debt 1956.. 

1950. 
1945. 
1940. 

Mortgaged.. 1966. 

1950.. 
1945.. 
1940. . 

WEST  SOUTH  CENTRAL 

Arkansas 

All  farms 1956- 

1950- 
1945- 
1940.. 

Free  from  debt ...1956.. 

1950.. 
1945.. 
1940.. 


1956.. 

1950.. 
1945., 
1940.. 


All  farms. 1956.. 

1950- 
1945- 
1940.. 

Free  from  debt —1956— 

1950- 
1945- 
1940- 

Mortgaged 1966.. 

1950.. 
1945- 
1940.. 


121,221 
131,  670 
139,072 
128,  591 

93,  461 

110,  WW 
115.7(13 
92,  622 

27,  760 
24.  602 
23.  369 
35,  969 


88.432 
97.  747 
100,  072 
80,  303 

61,  902 
74.006 
75,  520 
45,  018 

26,530 

23,  742 

24,  552 
35,  285 


66.637 

80.  247 
75.  309 
49,420 


67,  138 
75.  421 
78.917 
68,166 

20,601 
18,  222 
20,  777 
27,  676 


60.  360 
62.  810 
68,761 
62,  936 

44.606 

61.  678 
47.  428 
34,707 

15,  754 
11,232 
11.333 

18,229 


100.0 
100.0 

loo.  o 

100.0 

77.1 
81.7 
83.2 
72.0 

22.9 
18.3 
16.8 
28.0 


100.0 
100.  0 
100.0 
100.0 

70.0 
76.7 
75.6 
56.1 

30.0 
24.3 
24.5 
43.9 


100.0 
100.0 
100.0 
100.0 

71.6 

77.9 
75.8 
55.7 


100.0 
100.0 
100.0 
100.0 


26.5 
19.6 
20.8 
32.2 


100.0 
100.0 
100.0 
100.0 


26.1 
17.9 
19.3 

34.4 


-13.  449 
-4,  402 
10,  481 


-16,  607 
-5.635 
23,  081 


-9.315 
-2,  325 

19,  769 


-12,103 
-1,615 
30,  602 


-9,  984 
3,673 
10,  6S3 


-15.  904 
-6,  051 
13,  852 


2,  379 
-2,555 
-6,899 


-2.  450 
4,049 
6,825 


-6,  972 
4.150 
12,  721 


-15.1 
-4.9 
24.9 


-9.5 
-2.3 
24.6 


-16.4 
-2.0 
87. 8 


-24.2 
-4.4 
35.7 


13.1 
-12.3 
-24.9 


11.0 
-13.5 


40.3 
-0.9 
-37.8 


10,  461.  292 

1 1,  030.  600 
10,  886,  105 
10.  473,  404 

8,159,808 
8,  839.  300 
8.  628.  405 
7,  052.  821 

2,  301,  484 
2, 191.  300 

2.  257.  700 

3,  420,  583 


10.  769.  027 
10.  639,  200 
10,  044,  470 
8,  506,  063 

7,  624, 471 
7,  967, 100 
7, 181.  470 
4, 453,  504 

3, 144,  556 
2.  672,  100 
2,  863.  000 
4,  062,  659 


11,  294,  795 
11,755.800 
11,534,  149 
9,  914.  582 

7.  522. 333 
8,931,600 

8.  420.  949 
5,  126,  662 

3.  772.  462 

2,  824.  300 

3,  113,  200 

4,  787,  920 


9,  284.  575 
10.318.300 
10,  237.  743 

8,  661,  943 


2,  906,  072 
2,319,800 

2,  587,  400 

3,  243,  503 


6, 147.  549 
6.  255.  800 
8,258.  177 
4,  497,  723 

3,639,317 
4.  146,  700 
3,  921,  777 
2,  612,  567 

1,  508,  232 
1.119.100 
1,  336.  400 
1,885,156 


100.0 

86.3 

100.0 

81.9 

100. 0 

78.3 

100.0 

81.4 

78.0 

87.3 

80.1 

80.3 

79.3 

74.6 

67.3 

76.1 

22.0 

82.9 

19.9 

89.1 

20.7 

96.6 

32.7 

96.1 

100.0 

121.8 

100.0 

108.8 

100.0 

100.  4 

100.0 

105.9 

70.8 

123.2 

74.9 

107.7 

71.5 

95.1 

52.4 

98.9 

29.2 

118.5 

25.1 

112.5 

28.5 

116.6 

47.6 

114.9 

100.0 

121.4 

100.0 

114.1 

100.0 

116.1 

100.0 

111.8 

66.6 

112.9 

76.0 

111.3 

73.0 

112.8 

61.7 

103.7 

33.4 

142.7 

24.0 

123.8 

27.0 

129.3 

48.3 

121.9 

100.0 

119.4 

100.0 

110.2 

100.0 

102.7 

100.0 

100.9 

68.7 

111.6 

77.5 

106.1 

74.7 

96.9 

62.6 

93.2 

31.3 

141.1 

22.5 

127.3 

25.3 

124.5 

37.4 

117.2 

100.0 

86.3 

100.0 

83.8 

100.0 

89.5 

100.0 

85.0 

70.7 

81.6 

78.8 

80.4 

74.6 

82.7 

68.1 

75.3 

29.3 

95.7 

21.2 

99.6 

25.4 

117.9 

41.9 

103.4 

1,027.154.000 
821,  633.  000 
636,  764.  586 
385,  031,  444 

739,  551.  000 
641,917,000 
416,  498,  586 
245,  648,  070 

287,  603.  000 
179,716,000 
120.  266.  000 
139,  383,  374 


678,  425.  000 
497,  756.  000 
290,514.754 
180,  909,  521 

427,  408.  000 
357.  988.  000 
203, 192.  754 
89,  676,  401 

251,  017,  000 
139.  768.  000 
87. 322,  000 
91,  233, 120 


848,  624,  000 
605,  503,  000 
331,  244,  824 
211,037,228 

652.  454, 000 
440,  841,  000 
218.  639,  824 
97,  461,  861 

296.170,000 
164.  662.  000 
112,605,000 
113,  575,  377 


634.  997.  000 
618.  351.  000 
339,  427.  199 
195,  185,  680 

434,  338,  000 
379.  623.  000 
240,  121,  199 
107,  254, 148 

200,  659,  000 
138,  728,  000 
99,  306,  000 
87, 931,  532 


611,601,000 
421,082.000 
231,  630.  948 
150,  503,  037 

403.  045.  000 
319.828.000 
169,  005,  948 
81.  879,  056 

208,656  000 
101,  254.  000 
62.  625,  000 
68,  623,  981 


100.0 
100.  0 
100.  0 
100.0 

72.0 
78.1 
77.6 
63.8 

28.0 
21.9 
22.4 
30.2 


100.0 
100.0 
100.0 
100.0 


37.0 
28.1 
30.1 

50.  4 


100  0 
100. 0 
100.0 
100.0 


31.1) 
.'7.2 
■M.  0 
S3. 8 


100.0 
100. 0 
100.0 
100.0 


31.6 
26.8 
29.3 
45.1 


100.0 
100.0 
100.  0 
100.0 

65.9 
76.0 
73.0 
64.4 

34.1 

24.0 
27.0 
45.6 


7,913 
6,832 
3,  600 
2,652 

10,  360 
7.  305 
6,  146 
3,875 


7,672 
6.092 

2,  903 
2,253 

6,906 
4,837 
2,691 
1,992 

9,462 

6.887 

3.  557 


9,118 
6,876 
3,  333 
2,379 

8.290 
6.494 
2,928 
1,972 

11,  205 
7,220 
4,678 
2,892 


8.168 

5,535 
3,405 
2,274 

7,602 
5.033 
3,043 
1,844 

9,740 
7.613 
4,780 
3,177 


9,036 
6.201 
3,663 
2,359 

13,238 
9,015 
6,526 
3,768 


98.19 
74.49 
49.31 
36.76 

90.63 
72.62 
48.27 
34.83 

124.  96 
82.01 
53.27 
40.76 


63.00 
46.79 
28.92 
21.27 

66.06 
44.93 
28.29 
20.14 

79.83 
62.31 
30.  .50 
22.51 


76.13 
61.51 
28.72 
21.29 

73.44 

49.36 
25.96 
19.01 

78.51 
68.30 
30.17 
23.72 


68  39 

50.  24 
33.15 
22.53 


47.46 
31.39 
19.79 


59.  SO 
38.38 
27.11 


118.81 
79.97 
44.05 
33.46 


S.28 
4.  17 
3.58 


49,  291,  000 

38,  605.  000 
60,  896,  000 


72.  795,  000 
40,  362,  000 
33,  831,  000 
36,  606,  000 


3,118 
2,  004 
1,652 
1,415 


37.61 
22.49 
17.10 
14.88 


0.  76 
3.  70 
3.37 


72.  795,  000 
40,  362.  000 
33.  881,  000 
36,  606,  000 


89,  443.  000 
47.  607,  000 
39.  862.  000 
46,  306,  000 


2,744 

1,700 
1,380 


23.15 
16.10 
11.83 
9.03 


7.  02 
4.06 

3.40 
4  117 


89,  443,  000 
47.  607. 000 
39,  862,  000 
46,  306,  000 


58.191.000 
36.  294.  000 
31,  0R3,  000 
32,819,000 


3.384 
2.  087 
1,656 
1,179 


23.71 
16.86 
12.80 
9.67 


6.27 
3.  62 
3.04 

3.79 


58.191,000 
36,  294,  000 

31.  083,  000 

32,  819,  000 


64.  224,  000 
24,  795.  000 
20.  478,  000 
26,  236,  000 


54,  224,  000 
24,  795. 000 
20,  478,  000 
26,236,000 


20.02 
15.65 
12.01 
10.12 


3,442 

2,  208 
1,807 
1,439 


35.95 
22.16 
15.32 
13.92 


26 


FARM'MORTGAGE  DEBT 


Table  2. — Number,  Acreage,  and  Value  of  Farms  Operated  by  Full  Owners,  by  Mortgage  Status,  by  Divisions  and  States: 

1940-56 — Continued 

[For  1956  and  1950,  no  data  are  included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  included  with  Maryland] 


Area  and  mortgage  status 


Per- 
cent 
distri- 
bution 


Increase  or 

decrease  (— ) 

from  preceding 

Census 


Per- 
cent 
distri- 
bution 


Value  of  land  and  buildings 


cent 
distri- 
bution 


Amount  of  mortgage  debt 


Free  from  debt. 


Free  from  debt. 


.1956. 
1950. 
1945. 
1940. 

.1956. 
1950. 
1945. 


.1956. 
1950. 
1945. 
1940. 


.1956. 
1960. 
1945. 
1940. 

.1956. 
1950. 
1945. 
1940. 

.1956. 
1950. 
1945. 

19)0 


MOUNTAIN 
Montana 
All  farms 


Free  from  debt. 


Mortgaged. 


Free  from  debt 


Mortgaged. 


Free  from  debt- 


Mortgaged 


.1956. 
1950 
1945. 
1940. 

.1956. 
1950. 
1945. 
1940. 


.1956. 
1950. 
1945. 
1940- 

.1956. 
1950. 
1945. 
1940. 


.1956. 
1950. 
1945. 
1940. 

.1956. 
1950. 
1945. 
1940- 

.1956. 
1950. 
194S. 
1940. 


.   58, 372 

100.0 

-5, 351 

-8.4 

63,723 

100.0 

-6,  946 

-9.8 

70,669 

100.0 

14,810 

26.5 

55,  859 
38.  759 

100.0 
66.4 

-6,  070 

-13.6 

44,829 

70.4 

-2.  577 

-5.4 

47,  406 

67.1 

16,  419 

53.0 

30,  987 
19.  613 

£5.5 
33.6 

719 

3.8 

18,  894 

29.6 

-4,369 

-18.8 

23,263 

32.9 

-1,  609 

-6.5 

24,872 
152, 181 

44.5 
100.0 

-12,  958 

-7.8 

165, 139 

100.0 

-32,  855 

-16.6 

197, 994 

100.0 

31,  335 

18.8 

166, 659 
100, 679 

100.0 
70.1 

-lfi,  434 

-13.3 

123, 113 

74.6 

-19.300 

-13.6 

142,  413 

71.9 

33,310 

30.6 

109, 103 
45,  502 

65.5 
29.9 

3.476 

8.3 

42,026 

25.4 

-13,555 

-24.4 

55.  581 

28.1 

-1,  975 

-3.4 

57,  556 

34.6 

14,  493 

100.0 

-1, 597 

-9.9 

16,090 

100.0 

-532 

-3.2 

16, 622 

100.0 

-406 

-2.4 

17,028 
8,797 

100.0 
60.7 

-2,  022 

-18.7 

10, 819 

67.2 

-1,126 

-9.4 

11,945 

71.9 

2,891 

31.9 

9,054 
5,696 

53.2 
39.3 

425 

8.1 

5.271 

32.8 

594 

12.7 

4,677 

28.1 

-3,  297 

-41.3 

7,974 
24,231 

46.8 
100.0 

-1,716 

-6.6 

25,  947 

100.0 

-162 

-0.6 

2n,  109 

100.0 

59 

0.2 

20,050 

100.0 

11,922 

49.2 

-3,  085 

-20.6 

15,007 

57.8 

168 

1.1 

14, 839 

56.8 

3,e45 

32.6 

11,194 
12.  309 

43.0 
50.8 

1,369 

12.5 

10,940 

42.2 

-330 

-2.9 

11,  270 

43.2 

-3, 586 

-24.1 

14.S55 
5,198 

67.0 
100.0 

-810 

-13.5 

6,008 

100.0 

236 

4.1 

5,772 

100.0 

-1,042 

-15.3 

6,814 
2,583 

100.0 
49.7 

-620 

-19.4 

3,203 

53.3 

-34 

-1.1 

3,237 

56.1 

147 

4.8 

3,090 
2,615 

45.3 
50.3 

-190 

-6.8 

2,805 

46.7 

270 

10,7 

2,535 

48.9 

-1,189 

-SI.  9 

3.7M 

84.7 

10, 188,  721 
9,  825, 100 
9,  841,  294 
7,  841, 016 

100.0 
100.0 
100.0 
100.0 

174.5 
154.2 
139.3 
140.4 

6.  204,  931 
6,  441, 300 
5,  724,  694 
3,  548,  545 

60.9 
65.6 
58.2 
45.3 

160.1 
143.7 
120.8 
114.5 

3.  983.  790 
3, 383,  800 
4, 116.  600 

4,  292, 471 

39.1 
34.4 
41.8 
54.7 

203.1 
179.1 
177.0 
172.6 

44.  794, 573 
44,  438,  200 
50,865,122 
42, 441,  570 

100.0 
100.0 
100.0 
100.0 

294.4 
269.1 
256.9 
254.7 

27, 190, 306 
28,  671, 100 
31, 998, 022 
20, 221,  247 

60.7 
64.5 
62.9 
47.6 

254.9 
232.9 
224.7 
185.3 

17,  604,  267 
15,  767, 100 
18, 867, 100 
22,  220, 323 

39.3 
35.5 
37.1 
52.4 

386.9 
375.2 
339.5 
386.1 

10,  017,  007 
10,  998,  700 
9.108,936 
7, 526, 526 

100.0 
100.0 
100.0 
100.0 

691.2 
683.6 
548.0 
442.0 

6,  250,  612 
7, 468, 700 
6.  382,  436 
3,  627, 699 

62.4 
67.9 
70.1 
48.2 

710.5 
690.3 
534.3 
4O0.7 

3,  766,  395 
3,  530,  000 
2, 726,  500 
3, 898,  827 

37.6 
32.1 
29.9 
51.8 

661.2 
669.7 
583.0 
488.9 

4,  959. 607 
5,216.300 
4,812,315 
4, 127,  815 

100.0 
100.0 
100.0 
100.0 

204.7 
201.0 
184.3 
158.6 

1,983,843 
2,  941,  500 
2,  538,  815 
1,  580,  006 

40.0 
56.4 
62.8 
38.3 

166.4 
196.0 
171.1 
141.2 

2,  975,  764 
2,  274, 800 
2,  273,  500 
2,  547,  209 

60.0 
43.6 
47.2 
61.7 

241.8 
207.9 
201.7 
171.5 

3.491,167 
3. 807. 800 
3,  290,  039 
3,  784, 156 

100.0 
100.0 
100.0 
100.0 

671.6 
633.8 
570.0 
555.4 

1, 888,  721 
2,061,600 
1,  781,  939 
1,  470, 852 

54.1 
54.1 
54.2 
38.9 

731.2 
643.7 
550.5 
476.0 

1,  602,  446 
1,746,200 
1.  608, 100 
2,313.804 

45.9 
46.9 
48.  8 
61.1 

612.8 
622.6 
894.9 
621.3 

740,  644,  000 
523,  060. 000 
346,  094,  381 
236,  502, 179 

436,  239,  000 
343.  583.  000 
204,  112,  381 
104,  325,  415 

304,  405,  000 
179.477,000 
141,  982, 000 
132, 176,  764 


3, 191,  419,  000 

2, 329,  260, 000 

1,495,232,984 

933,  544,  839 


1,318,050,000 
805, 070,  000 
600,  352,  000 
470,411,069 


372, 195, 000 
291,236,000 
139,  089, 201 
98,  345, 084 

208, 067,  000 
189,  266, 000 
94, 347, 201 
41,646,119 

164, 138, 000 
101,970.000 
44, 742, 000 
56,  698, 965 


275,  042,  000 
247,  435, 000 
117,135,893 
63, 669,  637 

355,  789,  000 
190,261.000 
116,790.000 
109,  217, 087 


138, 472,  000 
101,681,000 
53. 989,  281 
45,  276, 688 

65,  774,  000 
50,  061, 000 
28,111.281 
15,  610,  521 

72,698.000 
51,620,000 
26,878,000 
29,  666, 167 


100.0 
100.0 
100.0 
100.0 

58.9 
65.7 
59.0 
44.1 

41.1 
34.3 
41.0 
55.9 


100.0 
100.0 
100.0 
100.0 

58.7 
65.4 
59.8 
49.6 

41.3 

34.6 
40.2 
60.4 


100.0 
100.0 
100.0 
100.0 

55.9 
65.0 
67.8 


44.  I 
35.0 
32.2 


100.0 
100.0 
100.0 
100.  0 


100.0 
100.0 
100.  0 
100.0 


11,  256 
7,664 
4,306 
3,367 

15,  521 
9,499 
6,103 
5,314 


20,  971 
14, 105 
7,552 


17,  561 

r.'.3.so 

0,284 
1,  245 

28,  967 
19,  156 
10.  801 
8,173 


23,  070 
16.488 
7,894 
4,795 

28,905 
17.  391 
10.  363 
7,352 


26,639 
16.  924 
9,354 
6,645 


27,800 
18,403 
10,208 
7,966 


12.69 
53.24 
35.17 
30.16 

70.31 
63.34 
35.65 
29.40 


68.90 
53.16 
27.  97 
22.90 

74.87 
51.06 
31.82 
21.17 


37.16 
26.48 
16.27 
13.07 

33.29 
25.34 
14.78 
11.48 


127.  19 
83.91 
48.61 
39.46 


119.56 
83.64 
51.37 


39.66 
26.70 
16.41 
11.96 

34.82 
24.28 
15.78 
10.61 

45.87 
29.66 
17.16 
12.82 


72.  753,  000 
48,  322,  000 
46,712.000 
52,  027,  000 


7.14 
4.92 
4.75 

6.  64 


72.  763,  000 
48.  322,  000 
46,  712,  000 
52.  027,  000 


274, 156, 000 
173,  251,  000 
163,  296, 000 
167,  772, 000 


3,709 
2,568 
2,008 


18.26 
14.28 
11.35 
12.12 


6.12 

3.90 
3.21 
3.95 


274, 156,  000 
173,  251,  000 
163,  296,  000 
167,  772,  000 


44,  645, 000 
25,  772,  000 
14,631,000 
21,923,000 


44,  645, 000 
25,  772, 000 
14,  631, 000 
21,923,000 


92. 149,  000 
50,531,000 
34,  463, 000 
43,  220, 000 


92,149,000 
50,  531, 000 
34,  453, 0O0 
43,  220, 000 


19, 628,  000 
13, 038, 000 
7, 660,  000 
10, 968, 000 


19,628,000 
13, 638. 000 
7,660,000 
10,968,000 


6,025 
4.122 
2,938 
2,915 


7,838 
4,889 
3,128 
2,749 


1,947 
1.320 
1,659 


4.46 
2.34 
1.61 
2.91 


11.85 
7.30 
5.37 
5.62 


3,776 
2,270 
1,327 
1,610 


30.97 
22.21 
15.15 
16.97 


5.62 
3.58 
2.33 
2.90 


FARM-MORTGAGE  DEBT 


27 


Table  2. — Number,  Acreage,  and  Value  of  Farms  Operated  by  Full  Owners,  by  Mortgage  Status,  by  Divisions  and  States: 

1940-56— Continued 

[For  1956  and  1950,  no  data  arc  Included  for  the  District  of  Columbia;  for  1945  and  194(1,  District  of  Columbia  data  are  Included  witli  Maryland] 


Area  and  mortgage  status 


Por- 
ccnt 
distri- 
bution 


Increase  or 

decreaso  (— ) 

from  preceding 

Census 


cent 
distri- 
bution 


Value  of  land  and  buildings 


Per- 
cent 
distri- 
bution 


Amount  of  mortgage  debt 


MOUNTAIN— Continued 

Colorado 

Ulfarms 1950.. 

1950.. 
1945 ._ 
1940 .. 

Free  from  debt.. 1956- 

1950- 

1945.. 
1940- 

Mortgaged 1956— 

1950- 
1945- 
1940- 


.195ti. 
1950 
1945. 
1940. 


Free  from  debt ..1956. 

1950. 
1945- 
1940. 

Mortgaged 1956- 

1950 
1945 
1940 


.1956.. 

1950- 
1945- 
1940- 

.1956- 
1950.. 
1945- 
1940- 

.1956- 
1950.. 
1945- 
1940- 


Free  from  debt. 


Free  from  debt. 


..1956- 

1950.. 
1945- 
1940- 

..1956.. 

1950- 
1945- 
1940- 


Moil  gaged. 1956.. 

1950- 
1945.. 
1940. . 


All  farms __1956__ 

1950- 
1945. . 
1940- 

Free  from  debt 1956.. 

1950.. 
1945- 
1940- 

Mortgaged 1956.. 

1950.. 
1945- 
1940- - 


20,  93S 

100.0 

-2,  644 

-11.2 

23,  5S2 

100.0 

596 

2.6 

22,  986 

100.0 

601 

2.7 

22,  385 

100.0 





11,453 

64.7 

-2,  326 

-16.9 

13.  779 

58.4 

-902 

-6.1 

14. 6S1 

63.9 

3,735 

34.1 

10, 946 

43.9 

9,485 

45.3 

-318 

-3.2 

9,803 

41.6 

1,498 

18.0 

8,305 

36.1 

-3,  134 

-27.4 

11,439 

51.1 

12,  769 

100.0 

-1,764 

-12.1 

14.  .533 

100.0 

-3,  699 

-20.3 

18.  232 

100.0 

-3,932 

-17.7 

loo.o 

69.7 

8,900 

-1,910 

-17.7 

10,810 

74.4 

-5,  093 

-32.0 

15.  903 

87.2 

-2,  20S 

-12.2 

81.7 
30.3 

3,869 

140 

3.9 

3,723 

25.6 

1,394 

59.9 

2,329 

12.8 

-1,  724 

-42.5 

4,053 

5,727 

100.0 

-991 

-14.8 

6,718 

100.0 

-2,  346 

-25.9 

9,064 

100.0 

-4,  825 

-34.7 

13,889 

3,198 

55.8 

-1,034 

-24.4 

4,230 

63.0 

-2,319 

-35.  4 

6,  549 

72.3 

-4,  517 

-40.8 

11,  066 

79.7 
44.2 

2,531 

43 

1.7 

2,488 

37.0 

-27 

-1.1 

2,515 

27.7 

-308 

-10.9 

2,823 

20.3 

15,  703 

100.0 

-1,151 

-6.8 

10,851 

100.0 

-1,629 

-8.8 

18,  483 

100.0 

1,173 

6.8 

17,  310 

9.312 

59.3 

-1,431 

-13.3 

10,  743 

63.7 

-1,796 

-14.3 

12,  539 

67.8 

4,120 

48.9 

8,419 

48.6 

6,391 

40.7 

280 

4.6 

6,111 

36.  3 

167 

2.8 

5,944 

32.2 

-2,947 

-33.1 

8,891 

51.4 



2,118 

100.0 

-305 

-12.0 

2,423 

100.0 

-219 

-8.3 

2.642 

100.0 

14 

0.5 

2,628 

1,076 

50.8 

-568 

-34.5 

1,644 

67.8 

-246 

-13.0 

1,890 

71.5 

233 

14.1 

1,657 

63.1 
49.2 

1,042 

263 

33.8 

779 

32.2 

27 

3.6 

752 

28.6 

-219 

-22.6 

971 

36.9 

8,949,013 
!).  237,  SOU 
7,11111.128 
0,  018,  678 

4,116,546 
5.530.800 
4.  427,  228 

2,  910,  377 

4,  832,  467 

3,  707,  000 
3.  188,900 
3,  70S,  301 


7,  1113,  mill 

7,  725.  000 

8,  702.  0S5 

9,  771,  742 

4,  404,  273 

5,  156,  400 

0,921,  9.85 
7, 466,  296 

2,  699,  393 

2.  509.  200 
1,780.700 
2,3115.410 


2,  597,  682 
3,00:1.00(1 

1.  534.  2.87 
9,  748, 045 

1. 127.  394 

2,  129,  000 

1,150,087 
9, 185,  620 

1,  470,  288 
877,  000 
377,  600 
562,  425 


3,188.338 
3,  685,  000 
3,  694.  Ill 
3,  266, 028 

1,887,496 
2.  297.  300 
2,370.011 
1,  505,  848 

1,  300,  S42 
1.388,300 
1,  324.  400 
1,  700, 180 


2,611,773 
2.332,  100 
1,532,780 
1,416,589 

1,  240,  592 

1,245,1100 

1.018,380 

725, 595 

1,371.181 

1,  147. 100 

514,  400 

690,  994 


100.  0 
100.  0 
100.0 
100.0 


54.0 
40.1 
41.9 
56.0 


100.  0 
100.0 
100.0 
100.0 

62.0 
66.7 
79.5 
76.4 


bin.  o 
100.  0 
100.0 

ioo.o 

43.4 

70.8 
75.4 


100.  0 
100.0 
100.0 
100.0 


100.  0 
100.0 
101).  0 
100.  0 


427.4 
391.7 
831.  3 
295.7 

359.  4 
401.  4 
30l.fi 
206.9 

509.5 
378.1 
384.0 
324.2 


550.  3 
531.0 
477.3 
440.9 

494.9 
477.0 
435.  3 
412.3 

697.7 
690. 1 
704.  0 
508.8 


352.8 
503.3 
176.6 
830.1 


203.  0 
218.7 
199. 9 

188.  7 


1, 153.  0 
757.  3 
53S.  8 
437.9 

1,315.9 

1,  472.  5 
684.  0 
711.6 


564.  207,  000 
401,  950,  000 
189,116,080 
135,  917,  512 

253,  329,  000 
224,  814,  000 
110,  893.  080 
54,  049,  809 

310,  878,  000 
177, 130,  000 
78,  223,  000 
81,  867,  703 


341.265,000 
200.  335,  000 
100,  929, 854 
70,  552,  396 

209.  878, 000 
125,  425,  000 
74,  717,  854 
41,  219,  689 

131.  387,  000 
74,  910,  000 
26,  212,  000 
29,  332,  707 


231,  649,  000 
155, 120,  000 
101,071,297 
59,264,411 

110,  960.  000 
88,  432, 000 
67,  279.  297 
30,  914,  538 

120,  639.  000 
63,  688,  000 
33,  792.  000 
28,  319,  873 


289,  797,  000 
273,  040,  000 
14S,  391,  277 
92,  773,  212 

149,  245,  000 
159.  329.  000 
92,  966,  277 
35,  007,  288 

140,  552, 000 
113.711,000 
55,  425,  000 
67,  765,  924 


119,051.000 
74,  072,  000 
30, 399,  299 
27,  500.  481 

57,  740, 000 
42,  560,  000 
23,  616,  299 
12, 159,  609 

61,311.000 
31,512,000 
12,  783,  000 
15,  340,  872 


100.0 
100.0 
100.0 
100.  0 


55.1 
44.1 
111 
60.2 


ioo.o 

100.0 
100.0 
100.0 

61.5 
62.6 
74.0 
58.4 

33.5 
37.4 
20.0 
41.6 


100.0 
100.0 
100.0 


47.9 
57.0 
66.6 
52.2 

62.1 
43.0 
33.4 

47.  S 


100  0 
100.  0 
100.  0 
100.0 

51.5 
58.4 
62.6 
37.7 

43.5 
41.6 
37.4 
62.3 


100.  0 
100.  0 
100.  0 

100.0 


51.5 
42.5 
3.5.1 
55.8 


22,  110 
16.  310 
7,  554 
4,938 

32,  776 

18.07(1 
9,419 
7,157 


20,,  72(1 
13.7.85 
5.  530 
3,183 

23,  5S2 
11,003 


:;:;.  o.vj 

20.121 
11,255 
7,237 


10.449 
23,09(1 
11,151 
4,267 

34,  718 

20,9(10 
10,  273 
2,794 

47,  684 

20,  8()4 
13,  130 
1(1,012 


18,455 
10.201) 
8,  029 


10,027 
14,831 
7,414 
4, 158 

21,992 

18,  li()8 
9.  325 
6,497 


50.2(19 
311,  570 
13,  777 
10,464 

53,  662 
25.  8  vS 
12,  195 
7,333 

58,  840 

10.452 
10,  9 '9 
15.799 


03  05 
43.51 
21.  S3 
20.64 

01.54 

40.05 
25.05 


48.04 
25.  93 
11.60 
7.22 

47.65 
21.  32 
10.79 
5.52 

48.67 
29.  10 
14.72 
12.72 


89.18 
51.  60 

05.  88 


98.  42 
41.54 
58.17 
3.37 

82.09 
70.  04 

.89  49 
50.  41 


90.  89 
74.08 
40.17 
28.  11 


108  05 
81.  92 
41.  S5 

33.  95 


45.53 
30.97 
23.75 
19.41 

46.54 
34.  18 
23.  19 
16.76 

44.71 

27.47 

21.85 
22.20 


89,  222,  000 
48,813.0110 
20.361,000 
34,  667, 000 


4,  201 
2,070 
1,147 
1,544 


9.97 
5.28 
3.46 
5.22 


89,  222,  000 
48,  813,  000 
26,361.000 
34,  507, 000 


30,  350,  000 
19,  005.  000 

7,  103,  000 

8,  913,  000 


18.  40 
13.  17 
8.27 


4.27 
2.46 
0.82 
0.91 


30,  350,  000 
19,  005,  000 

7,  103,  000 

8,  913,  000 


27,  758.  000 
18,  935,  000 
9, 023, 000 
9, 476,  000 


27,  75S,  000 
18,  935,  000 
9,  023, 000 
9,  476, 000 


39,  354,  000 
28,  080,  000 
15,  741,  000 
23,  396,  000 


39,  354,  000 
28.  000,  000 
15,741,000 
23,  396,  000 


15,  941,  000 
9,781,000 
3,  745, 000 
5,  966, 000 


15,941.000 
9,  781,  000 
3,  745,  000 

5.90,  ,,0(10 


7.  844 
5,  105 
3,  050 
2,199 


11.24 
7.40 
3.99 
3.87 


6,  158 

4.  592 
2.04S 

2,031 


7.  520 
4,037 
1,417 
2,270 


18.  .88 
21.  59 
23.  90 
10.85 


12.34 
7.61 
4.26 
7.16 


30.25 
20.21 
11.  S9 
13.70 


4.09 
2.44 
4.21 


11.63 
8.53 
7.2S 


28 


FARM-MORTGAGE  DEBT 


Table  2. — Number,  Acreage,  and  Value  of  Farms  Operated  by  Full  Owners,  by  Mortgage  Status,  by  Divisions  and  States: 

1940-5(5 — Continued 


[Fc 

r  1956  and  1950,  no 

data  are  included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia 

data  are 

included  -with  Maryland] 

atus 

Farms 

Land  in  farms 

Value  of  land  and  buildings 

Amount  of  mortgage  debt 

Area  and  mortgage  s 

Number 

Per- 
cent 
distri- 
bution 

Increase  or 

decrease  (— ) 

from  preceding 

Census 

Acres 

Per- 
cent 
distri- 
bution 

Aver- 
age 
per 
farm 

(acres) 

Dollars 

Per- 
cent 
distri- 
bution 

Average  value 
(dollars) 

Dollars 

Average  debt 
(dollars) 

Ra- 
tio 

Per 
farm 

Per 
acre 

Per 
farm 

Per 
acre 

to 
value 

Number 

Per- 
cent 

(per- 
cent) 

PACIFIC 
Washington 
All  farms 

1956.. 
1950. . 
1945. . 
1940.. 

1956.. 
1950. . 
1945. . 
1940.. 

1956. . 
1950- . 
1945- 
1940.. 

1956- 
1950.. 
1945.. 
1940. . 

_1956._ 
1950.. 
1945.. 
1940.- 

.1956.. 
1950.. 
1945.. 
1940. . 

.1956.. 
1950 . - 
1945.. 
1940.. 

.1956.. 
1950.. 
1945.. 
1940.. 

1956.. 
1950. _ 
1945.. 
1940-. 

48, 723 
53,284 
61,  280 
58,  083 

26,846 
34,  229 
43,  245 
30,  555 

21,  877 

19,  055 
18,  035 
27,528 

41, 250 

46, 069 
47,847 
42, 296 

22,  852 
28,  978 
31, 862 
21,  500 

18,398 
17,  091 
15, 985 

20,  796 

88,870 
100,  834 
102,  948 

89,843 

47, 545 
60, 363 
60,488 
43, 675 

41,  325 

40,  471 
42,460 
46,168 

100.0 
100.0 
100.0 
100.0 

55.1 
64.2 
70.6 
52.6 

44.9 
35.8 
29.4 
47.4 

100.0 
100.0 
100.0 
100.0 

55.4 
62.9 
66.6 
50.8 

44.6 
37.1 
33.4 
49.2 

100.0 
100.0 
100.0 
100.0 

53.5 
59.9 
58.8 
48.6 

46.5 
40.1 
41.2 
51.4 

-4, 561 

-7,996 

3,197 

-8.6 

-13.0 

5.5 

4,  430.  688 

4,  842, 700 

5,  002, 954 
4,  687, 058 

2,  410,  294 
2, 812.  500 
3, 150,  854 
2, 108,  633 

2, 020,  394 
2, 030,  200 

1,  852. 100 

2,  578,  425 

7,  89S,  950 
8, 085. 000 
7,  707,  577 

6,  370,  403 

4, 044,  262 
4,  712. 000 
4,  001.  877 

2,  586,  693 

3,  854, 688 
3, 373, 000 

3,  705,  700 
3, 783,  710 

10.  770,  095 
11,335.500 
11, 188,  885 
9, 008.  563 

6, 305, 126 
6, 924,  600 
6, 127,  485 
4, 317, 952 

4, 404, 969 

4,  410,  900 
5,061,400 
4,  690,  611 

100.0 
100.0 
100.0 
100.0 

54.4 
58.1 
63.0 
45.0 

45.6 
41.9 
37.0 
55.0 

100.0 
100.0 
100.0 
100.0 

51.2 
58. 3 
51.9 
40.6 

48.8 
41.7 
48.1 
69.4 

100.0 
100.0 
100.0 
100.0 

59.1 
61.1 
54.8 
47.9 

40.9 
38.9 
45.2 
52.1 

90.9 
90.9 
81.6 

80.7 

89.8 
82.2 
72.9 
69.0 

92.4 
105.5 
102.7 

93.7 

191.5 
175.5 
161.1 
150.6 

177.0 
162.0 
125.6 
120.3 

209.5 
197.4 
231.8 
181.9 

121.2 
112.4 
108.7 
100.3 

133.  9 
114.7 
101.3 
98.9 

106.6 
109.0 
119.2 
101.6 

1, 009, 962,  000 
711,  517,  000 
455. 283,  519 
296, 218,  872 

532,  250, 000 
433, 849, 000 
305,  076,  519 
132, 165,  537 

477,  712, 000 
277,  668. 000 
149,  207, 000 
164,  053,  335 

891.894,000 
689.  4S2, 000 
393.  929,  332 
250,985,111 

462,  001, 000 
416,  831, 000 
241,  367.  332 
105,  955, 293 

429,  893,  000 
272, 651, 000 
152, 562, 000 
145, 029, 818 

4, 099,  733, 000 
2,  753,  540, 000 
1, 847, 893,  039 
1, 052, 978, 341 

2,  209.  756, 000 

1,  644,  906,  000 

1, 087,  570,  089 

459, 205, 400 

1, 889.  977,  000 

1, 10S,  634,  000 

760, 323, 000 

603,  772,  941 

100.0 
100.0 
100.0 
100.0 

52.7 
61.0 
67.2 

44.6 

47.3 
39.0 
32.8 
55.4 

100.0 
100.0 
100.0 
100.0 

51.8 
60.5 
01.3 
42.2 

48.2 
39.5 
38.7 
57.8 

100.0 
100.0 
100.0 
100.0 

53.9 
59.7 
58.9 
43.2 

46.1 
40.3 
41.1 
66.8 

20, 729 

13,  353 
7,430 
5,100 

19, 826 
12,  675 
7,078 
4,325 

21, 836 

14,  572 
8,273 
5,950 

21,  622 
14, 9oli 
8,233 
5, 934 

20,  217 
14, 334 
7,575 
4,928 

23, 366 
15,953 
9,544 
6,974 

46, 132 
27,  308 
17,  950 
11,832 

46,  477 
27,  250 
17,  980 
10,  514 

45,  734 
27,  393 
17,  907 
13, 078 

227.  95 
143.  93 
91.00 
63.20 

220.  82 
154.  26 
97.14 
62.68 

236.44 
136.  77 
80.56 
63.63 

112.  91 
85.  28 
51.11 
39.40 

114.  24 
SS.46 
60.31 
40.96 

111.52 
80.83 
41.17 
38.33 

380.  66 
242.  91 
165.15 
118.  00 

347. 17 
237.  54 
177.  49 
106.  35 

429.  06 
251.  34 
150.  22 
128.  72 

140, 447, 000 
79,  597,  000 
45,  359,  000 
59,  979, 000 

2,883 

1,494 

740 

1,033 

31.70 

16.44 
9.07 
12.80 

13.9 
11.2 
10.0 
20.2 

-7, 383 
-9, 016 
12, 690 

-21.6 

-20.8 

■11.5 

2,822 

1,020 

-9, 493 

14.8 

5.7 

-34.5 

140,  447,  000 
79,  597, 000 
45, 359, 000 
59, 979, 000 

128,  968,  000 
77,  040.  000 
44, 853,  000 
50, 867, 000 

6,420 
4,177 
2,515 
2,179 

3,126 

1,672 

937 

1,203 

69.51 
39.21 
24.49 
23.26 

16.33 
9.53 

5.82 
7.98 

29.4 

28.7 
30.4 
36.6 

Oregon 
All  farms 

-4,  819 

-1,778 

5,551 

-10.5 
-3.7 
13.1 

14.5 
11.2 
11.4 
20.3 

Free  from  debt 

-6. 126 
-2,884 
10, 362 

-21.1 
-9.1 
48.2 

Mortgaged. __ 

1,307 

1,106 

-4,811 

7.6 

6.9 

-23.1 

128,968,000 
77, 040,  000 
44.  853, 000 
50, 867, 000 

476,  274, 000 
277, 428, 000 
187, 800, 000 
212,  947, 000 

7,010 

4.508 
2,806 
2,446 

5,359 
2,751 
1,824 
2,370 

33.  46 
22.  84 
12.10 
13.45 

44.22 
24.47 
16.78 
23.64 

30.0 
28.3 
29.4 
35.1 

California 
All  farms 

Free  from  debt 

-11,964 
-2,114 
13, 105 

-12,818 
-125 
16,  813 

-11.9 
-2.1 
14.6 

-21.2 
-0.2 
38.5 

11.6 
10.1 
10.2 
20.0 

Mortgaged 

854 
-1,  989 
-3,  70S 

2.1 
-4.7 
-8.0 

476,  274, 000 
277, 428. 000 
187,  800,  000 
212, 947, 000 

11.  525 
6,855 
4,423 
4,612 

10S.  12 
62.  90 
37.10 
45.40 

25.2 
25.0 
24.7 
35.3 

FARM-MORTGAGE  DEBT 


29 


Table  3. — Number,  Acreage,  and  Value  of  Owned  Portion  of  Farms  Operated  by  Part  Owners,1  by  Mortgage  Status, 

by  Divisions  and  States:  1940-56 

[For  1950  and  15150,  no  data  arc  Included  for  the  District  of  Columbia;  for  1946  and  1940,  Dlsl  riot  of  Columhla  data  arc  Included  with  Maryland] 


Area  and  mortgage  statu 


Per- 
cent 
distrl- 

I'liliiin 


Increase  nr 

da  reasi  i     i 

front  preceding 

Census 


cent 
distrl-  I    [arm 
button    (acres) 


Value  of  land  and  buildings 


Per- 
cent 

distri- 
bution 


Amount  of  mortgage  debt 


value 
(per- 
cent) 


UNITED  STATES 

All  farms 1956. 

1950. 
1945. 
1940. 


Free  from  debt. 


.1956.. 
1950.. 
1945.. 
1940.. 


.1956.. 
1950.. 
1945.. 
1940 


All  farms 1956- 

1950- 
1945- 
1940- 

Free  from  debt- 1956- 

1950.. 
1945.. 
1940- 

Mortgaged 1956— 

1950.. 
1945.. 
1940- 

Middle  Atlantic 

All  farms ..1956- 

1950- 
1945- 
1940- 

Free  from  debt 1956— 

1950- 
1945- 
1940- 

Mortgaged 1956.. 

1950.. 
1945- . 
1940.. 

East  North  Central 


Free  from  debt. 


..1956 
1950- 
1945. 
1940 

-1950- 
1950. 
1945- 
1940- 


West  North  Central 

ill  farms.. 1956. 

1950. 
1945. 
1940. 

Free  from  debt 1956. 

1950. 
1945. 
1940. 

Mortgaged 1956- 

1950. 
1945. 
1940.. 


868,  I'M  I 

824.  921 
liliO.  5(I'J 


499.911 
543,  411', 
386,  573 
278,  023 


13,  867 
11,  784 
9,370 
7,061 


7,420 
5,404 
4,604 

4,  (192 


42,  212 
36,  9.87 
35.  S13 
24,440 

23,623 
22,  736 
21,  527 

11,  779 

IS,  589 
14.251 
14,  286 

12,  661 


152,869 
144.  522 
134,  460 
114.813 


62,  95.5 
60.  466 
57,  451 
64,447 


221,  368 

220.  872 
2114,  9118 
176,  304 

119,039 
140,470 
100.  243 
58,097 

102,  319 
80,  402 
104,  665 
118,207 


100. 0 

100.  0 
100.0 
100.0 


65.9 
68.5 
45.3 

42.4 
34.1 
41.5 
64.7 


100. 0 

100.0 
100.  0 
100.0 


54.1 
50.9 
42.0 


100.  0 
100.0 
100.0 
100.0 

66.0 
61.5 
60.1 
48.2 


100.0 
100.  0 
100.0 
100. 0 

58.8 
65.1 
57.3 
43.9 

41.2 
34.9 
42.7 
56.1 


100.  0 
100.0 
100.  0 

100.0 


46.2 
36.4 
61.1 
67.0 


43.  259 
164.419 
45,  463 


-43.  535 
156,  873 
107.  '.15(1 


86.  794 
7.546 

-62,  487 


2.  083 
2,414 

2,  309 


6,225 
1,174 
11,  373 


8,347 
10,  062 
19,  647 


-4,  142 
17.  047 

2i'.,  (',43 


12,  489 
-6,  985 
-6,  996 


-21,431 
40,  227 
42,  140 


21.917 
-24,  263 

-13.512 


261.030.  902 
228. 303. 500 
192,259,  118 
144,039,031 

143,944.213 
138,224.300 
102,361.604 
50,  757,  221 


17.7 
25.8 
32.7 


37.3 
17.4 

12.5 


24.7 
-12.2 
-10.9 


-15.3 
40.1 

72.5 


27.3 
-23.2 
-11.5 


2, 175.  790 

1.648,400 

1,055,450 

751, 118 

974,  396 
901, 100 
547.  330 


1.201,394 
743.  300 
508,  100 
434,  318 


5,  339.  405 
4,218,500 
3,  709,  336 
2,  279,  769 

2,  786,  747 
2.  483.  100 
2,  167.  436 
1, 037,  248 

2,  552,  718 
1,  735,  400 
1.541,900 
1.  242,  521 


9.  085,  70  ) 
7,392.712 
4,191.515 

7, 052,  448 
5,402.30(1 
6.  317.  460 

0.  224.  365 


70,  37:',.  207 
64,  702.  600 
58.  638.  340 
43,  422,  666 

38,445,112 
40,  287.  400 
27,  436,  486 
12,  801,  958 

31,  928,  095 
24,  415,  200 
31,  201,  854 
30,  620,  708 


100, 0 

ioo.  o 
loo.  o 

100.  0 


(ill..-, 

53.2 
35.1 

44.9 
39.5 
46.8 
64.9 


100.  o 

100.  0 
100.0 
100.  0 

44.8 
51.7 
51.9 
42.2 

55.2 
45.3 
48.1 
57.8 


100.  0 

loo.o 

100.  0 
100.  0 


41.1 
41.6 
54.5 


100.  0 
100.0 
100.0 
100.0 

57.6 
62.7 
53.9 
40.2 

42.4 
37.3 
46.1 
59.8 


100.  0 
100.0 
100.0 
100.0 

54.6 
62.3 
46.8 
29.5 

45.4 
37.7 
53.2 
70.5 


270.  S 
291.1 

235.  2 

287. 9 

254.  3 
264.8 
182.2 

317.9 
320.0 
328.  2 
279.1 


126.5 
114.1 
103.6 
93.3 

118.0 
109.  2 
100.7 


108.8 
100.  2 
102.0 
90.7 

106.5 
96.  6 

96.0 


112.0 
107.0 
110.0 


2(12  9 
280.  2 
246.3 

323.0 

286.  8 
273.7 
220.4 

312.0 
303.  7 
298. 1 

259.  0 


18,  963,  494,  000 
11,440.  118,000 

5,  898,  S70,  554 
3,  564.  202,  228 

9,876.525  000 

6,  854.  840,  000 
3,  036.  149.  554 
1,  205,  799,  645 

9,086,969,000 

1.  585,278,000 

2,  862,  721,000 
2,  358,  402,  583 


100.  0 
100.  0 
100.  0 
101).  I) 


47.9 

46    1 

48.5 


21,813 
13.  .868 
8.931 
5,795 


24.675 
16  29(1 
10.451 
7.010 


72.  65 
50.11 
30.  6S 
24.64 

68.61 

49.  59 
29.  66 
23.76 


2,311,978.000 

1.  178,637,000 

875.  036,  000 

1.105,664,000 


270,  303  000 
167,  663,  000 
78,  235.  015 
47,  358.  333 

115.174.000 
85.  250,  000 
36,513,015 
17,  058,  054 

155, 129,  000 
82,413,000 
41,  722,  000 
30.  300,  279 


408,  493, 000 
274,761.000 
160,  509,  957 
64,  578,  854 

420,  249  000 
197.  065,  000 
122,  806,  600 
86,  459,  427 


3,071,561.000 

1.  870.  833,  000 

1,  184,  114,  564 

699,  379,  321 

1,701.226.000 

1.  166.  564,  000 

639,  346,  564 

265,  249,  510 

1,  370,  335,  000 
704.  269.  000 
544,  768,  000 
434,129,811 


4,  843.  708,  000 
3,  266,  438. 000 

1,  925,  50S,  704 
1,146.140,403 

2,  547,  873,  000 

1,  999,  582, 000 
882,  898,  704 
322,  896,  310 

2,  295,  835, 000 
1,  266,  856,  000 
1,  042.  610.  000 

823,  244,  093 


100.0 
100.0 
100.  0 
100.0 

42.6 

50.8 
46.7 
36.0 

57.4 
49.2 
53.3 
64.0 


100.0 
100.0 
1(10.0 
100.  0 


58.2 
56.7 
42.8 


100.  0 

100.  0 
100.0 
100.0 

55.4 
62.4 
54.0 


100.0 

ioo.  o 

101).  0 
100.  0 


19.493 
14,  22S 
8.  350 
6,707 

17,  865 
13,362 
7.661 
5,745 


17,  292 
12,085 
7,456 
5,483 

22,  607 

13,828 
8,  596 
6.  829 


18,921 
12,403 

8,  302 
5,266 

21,  767 

13,  955 

9,  482 
6,  736 


21.. 882 
14.  789 
9,397 
6,501 


21,404 
14,235 

28i  2       5,  658 


22.  438 
15.757 
9.961 


38.8 
54.1 
71.8 


124,  23 
101.71 
74.13 
63. 05 

118.20 
94.61 
66.  71 


129.  12 
110.28 
82.11 
69.77 


155.21 
111.85 
76.38 
66.  25 

146.  58 
110.65 
74.06 
62.26 

164.63 
113.56 
79.65 

69.  58 


184. 72 

129.  13 
86.37 
67.15 

177.  66 
128.  40 
80.  48 
63.  28 

194. 31 

130.  36 
80.  23 


66.27 
49  63 
32.18 
25.22 

71.91 

51.  89 
33.42 

26.  89 


311,978,000 
1,  178,  637.  000 

875  036,000 
I,  105,664,000 


44,  880,  000 
22,  774, 000 
13,  OSS,  000 
12,  639,  000 


115,061,000 
60,155,000 
42,  244, 000 
39,  235, 000 


115,061,000 
60,  155,  000 
42,  244,  000 
39,  236,  000 


369,  233,  000 
203,  828,  000 
164,  359.  000 
201, 103,  000 


369,  233,  000 
203.  828,  000 
104,  359.  000 
201. 103,  000 


603,  377, 000 
339,  714,  000 
354,  479, 000 
461,836,000 


608.  377. 000 
339,  714,  000 
354,  479,  000 
461,  836,  000 


1.429 
1.325 
1.798 


6,  278 
4.187 
3,  194 

3.  287 


3  236 
1 ,  933 
1.397 
1,790 


6.  049 
4,214 
2,  843 
3,089 


2,  720 
1.  026 
1,180 
1,  605 


6,  190 
4,221 

2,  957 


2,  415 
1,410 
1.  222 
1,752 


5,  865 
4,039 
2,861 
2,  120 


5,  946 
4,  225 
3.  387 
3,907 


5.16 

4.55 
7.64 


19.75 
13.08 
9.  73 
11.78 


20.  63 
13.82 
12.40 
16.  S3 


21.55 
14. 26 
11.39 
17.21 


34.66 
27.40 
31.58 


22.21 
14.07 
11.99 
19.31 


52.36 
37.73 
26.  02 
32.31 


8.65 
5.25 
6.05 
10.64 


19.05 
13.91 
11.36 
15.08 


1  The  data  for  the  rented  portion  of  part-owner  farms  included  in  Table  4. 


30 


FARM-MORTGAGE  DEBT 


Table  3. — Number,  Acreage,  and  Value  of  Owned  Portion  of  Farms  Operated  by  Part  Owners,1  by  Mortgage  Status, 

by  Divisions  and  States:  1940-56 — Continued 

[For  1956  and  1950,  no  data  are  included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  included  with  Maryland] 


Area  and  mortgage  status 


Per- 
cent 
distri- 
bution 


Increase  or 

decrease  (— ) 

from  preceding 

Census 


Land  in  farms 


Per- 
cent 
distri- 
bution 


Aver- 
age 
per 

farm 


Value  of  land  and  buildings 


Amount  of  mortgage  debt 


South  Atlantic 

All  farms 1956.. 

1950. . 
1945 .. 
1940.. 

Free  from  debt 1956-. 

1950. . 
1945- . 
1940. . 

Mortgaged 1956.. 

1950.. 
1945.. 
1940- . 

Bast  South  Central 

All  farms 1956.. 

1950- 
1945.. 
1940.. 

Free  from  debt 1956-. 

1950- 

1945.- 
1940- 

Mortgaged ..1956.. 

1950- 
1945- 
1940- 

West  South  Central 

All  farms — - 1956- 

1950- 
1945.. 
1940. . 


Mountain 
All  farms 


.1950 
1950. 
1945. 
1940. 


1950- 
1945- 
1910. 


1956. 
1950. 
1945. 
1940. 


1950 
1945- 
1940. 


---1956. 
1950. 
1945- 
1940- 


115,504 
100.  489 
57,  915 
64,553 

73, 065 
73.  695 
44, 113 

41,  867 

42,  439 

26,  794 
13.  S02 


urn. i3o 

97,736 
52,  090 
61,134 

69, 354 
69,  581 
30,  852 
37, 053 

40, 070 
28,  155 
15,  238 
24,081 


127,772 
83,  602 
90,  920 

75, 162 
85, 408 
54, 125 
46,  760 

50, 920 
42,  364 
29,  477 
44, 170 


49,  933 
49,  543 
51.202 
45,  504 


24,  575 

19,  441 

20,  WIS 
27,  328 


17,949 
21,018 
17, 674 
11,566 

18,  976 
14,198 
13,408 
IS,  744 


100.0 

15,015 

14.9 

100.0 

42,  574 

73.5 

100.0 

-6,  638 

-10.3 

100.0 
63.3 

-630 

-0.9 

73.3 

29,  582 

67.1 

76.2 

2,246 

5.4 

64.9 

30.7 

15,  645 

58.4 

26.7 

12,  992 

94.1 

23.8 

-8,  884 

-39.2 

35.1 

100.0 

11,694 

12.0 

100.0 

45,646 

87.6 

100.0 

-9, 044 

-14.8 

100.0 
63.4 

-227 

-0.3 

71.2 

32,  729 

88.8 

70.7 

-201 

-0.5 

60.6 
36.6 

11,921 

42.3 

28.8 

12,917 

84.8 

29.3 

-8,843 

-36.7 

39.4 

100.0 

-1,690 

-1.3 

100.0 

44,170 

52.8 

100.  0 

-7,318 

-8.0 

100.0 

59.6 

-10,246 

-12.0 

66.8 

31,  283 

67.8 

64.7 

7,375 

16.8 

51.4 

40.4 

8,556 

20.2 

33.2 

12, 887 

43.7 

35.3 

-14,693 

-33.3 

48.6 

100.0 

390 

0.8 

100.  0 

-1,719 

-3.4 

100.0 

5,758 

12.7 

100.0 

50.8 

-4,  744 

-15.8 

60.8 

-162 

-0.5 

59.0 

12,088 

66.5 

39.9 

49.2 

5,134 

26.4 

39.2 

-1,557 

-7.4 

41.0 

-6,  330 

-23.2 

60.1 

100.0 

1,709 

4.9 

100.0 

4,134 

13.3 

100.0 

772 

2.6 

100.0 

48.6 

-3,069 

-14.6 

59.7 

3,344 

18.9 

56.9 

6,108 

62.8 

51.4 

4,778 

33.7 

40.3 

790 

5.9 

43.1 

-5, 336 

-28.5 

61.8 

13,  763,  909 
10.  757,  100 
5,  918,  427 

4,  659,  512 

8,  487, 077 
7, 033,  900 
3,  930,  627 

2,  470,  245 

5,  276.  832 

3,  72:!.  200 

1,  987,  900 

2,  1S9,  207 


10,991,737 
8,117,300 
4,133.971 
4, 279, 762 

6,  534, 288 

5,  290.  000 
2.428,371 
2, 123,  922 

4,457,449 
2.821,300 
1,705,600 
2, 155, 840 


42.  558,  962 
37, 777,  600 
20, 909, 671 
24, 826, 141 

25, 185,  606 
22, 076, 400 
14,  325,  571 


17,373,350 
15,701,100 
12,  674, 100 
16,318,031 


81,019,530 
70.234.100 
03,  276,  206 
41, 484, 809 

43,  221,  608 
41,217,500 

36,  356,  106 
15,223,611 

37,  797. 922 

29. 010. 000 
26.920,100 
26,  261, 198 


18,180,303 
16,30(1,000 
14,817.025 
12, 519,  374 

8, 733, 888 
9. 843, 200 

7,  777, 125 
4,083,812 

9,  446,  475 
6,  516,  S00 
7. 040, 500 

8,  435,  562 


100.0 

119.2 

100.0 

107.0 

100.0 

102.2 

100.0 

72.2 

61.7 

116.2 

65.4 

95.4 

66.4 

89.1 

53.0 

59.0 

38.3 

124.3 

34.6 

139.0 

33.6 

144.0 

47.0 

96.5 

100.0 

100.4 

100.0 

83.1 

100.0 

79.4 

100.0 

70.0 

59.4 

94.2 

65.2 

76.1 

58.7 

65.9 

49.6 

57.3 

40.6 

111.2 

34.8 

100.2 

41.3 

111.9 

50.4 

89.5 

100.0 

337.5 

100.0 

297.7 

100.0 

323.0 

100.0 

273.1 

59.2 

335.1 

58.4 

258.5 

53.1 

264.7 

34.3 

182.0 

40.8 

341.2 

41.6 

370.6 

46.9 

430.0 

65.7 

369.4 

100.0 

1,  622.  6 

100.  0 

1,417.6 

100.0 

1,  234.  4 

100.0 

911.7 

53.3 

1,  704.  5 

58.7 

1,  369.  3 

57.5 

1,201.3 

36.7 

837.0 

46.7 

1, 538. 1 

41.3 

1, 492.  5 

42.5 

1,  282.  0 

63.3 

961.0 

100.0 

492.4 

100.0 

464.6 

100.0 

476.4 

100.0 

413.0 

48.0 

486.6 

60.2 

468.3 

52.5 

440.0 

32.6 

353.1 

52.0 

497.8 

39.8 

459. 0 

47.5 

525.1 

67.4 

450.0 

1,435.841,000 
695,  384, 000 
241,  516.  958 
171,  650,  822 

805,  228,  000 
452,  983, 000 
152,  594,  958 
86,  095,  825 

630, 613.  000 
242.401,000 
88.  922,  000 
84,  954,  997 


938,  354,  000 
525,  097,  000 
170,083,885 
128,561,940 

504,  671 ,  000 
332, 354,  000 
95, 313, 885 
60,  405,  282 

433, 683,  000 
192,  743,  000 
75,  370,  000 
68, 156,  658 


3,  025,  777, 000 

1.767,233,000 

717,  537,  441 

484,  874, 226 

1,671,927,000 

1,024,968,000 

408,  667, 441 

168,  968,  798 

1,353,850,000 
742,  265, 000 
308, 870,  000 
315,  905,  428 


2,347,307,000 

1,3S5,359,000 

660,303,149 

342, 850,  795 

1,122,521,000 
792,  796, 000 
354,691,149 
105, 455,  091 

1,  224,  846,  000 
592,  563, 000 
305,  612,  000 
237, 395,  704 


2,  201,  S41,  000 

1,  290,  285,  000 

637, 654,  881 

392, 348, 107 

999,  412,  000 
725,  582, 000 
305, 613,  881 
114,  491,  921 

1,  202,  429, 000 
564,  703, 000 
332, 041, 000 
277, 856, 186 


100. 0 
100.0 
100.0 
100.0 


100.0 
100.0 
100.  0 
100.0 


63.3 
55.8 
47.0 


100.0 
100.  0 
100.0 

loo.o 

55.3 
58.0 
57.0 


44.7 
42.0 
43.0 
65.2 


100  0 
100.0 
100.  0 
100.0 

47.8 
57.2 
53.7 


52.2 
42.8 
46.3 


100.0 
100.  0 
100.  0 
100.0 

45.4 
56.2 
47.9 
29.2 

54.6 

43.8 
52.1 


12,431 
6,  920 
4,170 
2,659 

11,021 
6,147 
3,459 
2,071 


8,575 
5,  373 
3,277 
2,103 

7,277 
4,777 
2,586 
1,630 


22.  24  1 
12,  001 
7,550 
3,614 

26.58S 
17,  521 
10. 478 
7,152 


47.01(1 

27.no;; 

12,881 
7,538 

44, 267 
26,  337 
11,720 


50.0.(1) 
30.  000 
20,515 
12, 945 

55,  681 
34,  522 

17,202 


03,300 
30,773 
24,701 
14,824 


94.  SS 
64.40 
38.  82 
35.10 


85.37 
64.69 
41.29 
30.04 

77.23 
62.76 
39.  25 
28.44 

97.29 
68.32 
44.19 
31.61 


71.10 
46.78 
26.58 
19.53 

66.38 
46. 43 
28.53 
19.86 


47.27 
24.37 
19.36 


28.  97 
19.72 
10.44 


25.97 
19.23 
9.76 
6.93 


114.43 
73.71 
39.30 
28.04 


86.65 
47.16 
32.94 


Average  debt 
(dollars) 

Per 
farm 

Per 
acre 

165,  373. 000 
64, 1S7,  000 
27,  521,  000 
32,  062, 000 


165,  373,  000 
64, 187, 000 
27,  521,  000 
32,  062, 000 


140, 187,  000 
56,  987,  000 
24,  390,  000 
28,  551,  000 


140, 187,  000 
56,  987,  000 
24, 390,  000 
28,551,000 


310, 846, 000 
163, 837,  000 
87, 906,  000 
125, 216,  000 


310,  S46, 000 
163,  837, 000 
87,  906, 000 
125,  216, 000 


301, 112,  000 
138,  045, 000 
80,  362,  000 
96,  S4S,  000 


256, 909,  000 
129,110,000 
80, 687, 000 
108,174.000 


256,909,000 
129,110,000 
80,  687, 000 
108, 174, 000 


2.30;J 
1,994 
1,413 


3,  10.8 
2,024 
1,601 
1,186 


2.465 
1.2S2 
1,051 
1,377 


2,  780 
1,  568 
2,128 


12,200 
7,101 
3,827 
3,544 


6,95S 
3.  000 
2,596 
3,569 


12.01 
5.97 
4.65 
6.88 


12.75 
7.02 
5.90 
6.67 


31.45 
20.20 
14.30 
13.24 


3.72 
1.97 
1.27 
2.33 


27.20 
19.81 
11.46 
12.82 


i  The  data  for  the  rented  portion  of  part-owner  farms  Included  in  Table  4. 


FARM-MORTGAGE  DEBT 


31 


Table  3. — Number,  Acreage,  and  Value  of  Owned  Portion  of  Farms  Operated  by  Part  Owners,'  by  Mortgage  Status, 

by  Divisions  and  States:  1940-56 — Continued 

[For  1959  and  1950,  no  data  are  included  for  tile  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  Included  with  Maryland! 


tatus 

Farms 

Land  in  farms 

Value  of  land  and  buildings 

Amount  of  mortgage  debt 

Area  and  mortgage 

Numbei 

Per- 
cent 
distri- 
bution 

Increase  or 

decrease  (— ) 

from  preceding 

Census 

Acres 

Per- 
cent 
distri- 
bution 

Aver- 
age 
per 
farm 
(acres) 

Dollars 

Per- 
cent 
distri- 
bution 

Average  value 
(dollars) 

Dollars 

Average  debt 
(dollars) 

Ra- 

Pit 
farm 

Per 
acre 

Per 
farm 

Per 
acre 

te 

Number 

Per- 
cent 

(per- 
cent) 

NEW  ENGLAN 
Maine 
All  farms. . 

D 

.1956-. 
1950- 
1945  - 
1940- 

1966.. 
1950- 
I945-. 
1940.. 

.1956.. 
1950.. 
1945.. 
1940. . 

1956. . 
1950. . 
1945.. 
1940- 

1956.. 
1950. . 
1945.. 
1940.. 

1956.. 
1950- 
1945 .. 
1940- 

.1956- 
1950- 
1945.. 
1940- 

1956.. 
1950- 
1945- 
1940- 

.1956.. 
1950- 
1945- 
1940.. 

.1956- 
1U50- 
1945.. 
1940.. 

1956- 
1950.. 
1945.. 
1940- 

.1956- 
1950- 
1945. . 
1940- 

1956.. 
1950.. 
1945- 
1940.. 

.1956- 
1950.. 
1945.. 
1940- 

1956.. 
1950- 
1945- 
1940- 

2,823 
2.  293 
1,900 
1,363 

1,640 

1,604 

1,205 

688 

1,  183 
789 
695 
675 

1,772 

1,490 

1,274 

694 

833 
880 
723 
36S 

939 
610 
551 
326 

3,553 
2,741 
1,567 
1,610 

1,382 

1,272 

803 

635 

2.171 

1,469 

764 

975 

2,623 
2,440 
1,903 
1,626 

1,207 

1,277 

711 

580 

1,416 
1,163 
1,192 
1.046 

341 
394 
433 

276 

142 
207 
215 
132 

199 
187 
218 
144 

100.0 
100.0 
100.0 
100.0 

58.1 
65.6 
63.4 
50.  5 

41.9 
34.4 
36.fi 
49.5 

100.0 
100.0 
100.0 
100.0 

47.0 
59.1 
56.8 
53.0 

53.0 
40.9 
43.2 
47.0 

100.0 
100.0 
100.0 
100.0 

38.9 
46.4 
51.2 
39.4 

61.1 
53.6 
48.8 
60.0 

100.0 
100.0 
100.0 
100.0 

46.0 
52.3 

37.4 
35.7 

54.0 

47.7 
62.6 

100.0 
100.0 
100.0 
100.0 

41.  S 

52.6 
49.7 
47.8 

68.5 
47.5 
50.3 
52.2 

530 
393 
537 

23.1 

20.7 
39.4 

510, 938 
390,  500 
268,  988 
168,110 

288,680 
247, 300 
161,688 
83, 501 

222, 258 
143,  200 
107,  300 
84,  609 

311,997 

245,  200 
165,  876 

89,  721 

143,  639 
153, 100 
96,276 
44,555 

171, 358 
92, 100 
69,600 
45, 166 

744,  697 
609,  400 

246,  439 
245,  420 

268,  091 

247,  800 

119,  639 

87,917 

476,  606 
261,  600 
126,800 
157,  503 

289,  307 
239.  300 

137,  810 
105, 907 

138,  289 

120,  500 
54,  310 
41,  304 

151,018 
118,  800 
83,  500 
64,603 

20,119 
27,  500 
24, 313 
16,  757 

7,645 
12,  200 
11,713 

8,208 

12,474 
15,300 
12,600 
8,549 

100.0 
100.0 
100.0 
100.0 

56.5 
63.3 
60.1 
49.7 

43.6 
36.7 
39.9 
60.3 

100.0 
100.0 
100.0 
100.0 

45.6 
62.4 
58.0 
49.7 

54.4 
37.6 
42.0 
50.3 

100.0 
100.0 
100.0 
100.0 

36.0 
48.6 
48.5 
35.8 

64.0 
51.4 
51.5 
64.2 

100.0 
100.0 
100.0 
100.0 

47.8 
60.4 
39.4 
39.0 

62.2 
49.6 
60.6 
61.0 

100.0 

100.  0 
100.  0 
100.  0 

38.0 
44.2 
48.2 
49.0 

62.0 
55.8 
61.8 
61.0 

181.0 
170.3 
141.6 
123.3 

176.0 
164.4 
134.2 
121.4 

187.9 
181.6 
154.4 
125.3 

177.8 
164.6 
130  2 
129.3 

172.4 
174.0 
133.2 
121.1 

182.5 
151.0 
126.3 
138.5 

209.6 
185.8 
157.3 
152.4 

194.0 
194.8 
149.0 
133.6 

219.5 
178.1 
166.0 
161.6 

110.3 
98.1 
72.4 
65.1 

114.6 
94.4 

76.4 
71.2 

106.7 
102.1 
70.1 
61.8 

59.0 

69.8 
56.2 
60.7 

63.8 
58.9 
54.6 
62.2 

62.7 
81.8 
57.8 
59.4 

30,  448, 000 

22,  700,  000 
10,174,651 

5,  294, 059 

16,625,000 
13,  296,  000 

5,  728,  651 
2,210,714 

13,823,000 
9,  404, 000 
4,  446,  000 
3, 083,  345 

27,  655, 000 
15,177,000 

6,  760, 335 
3, 087, 538 

II,  892,  000 
8,751,000 

3,  626. 335 

1,  402,  904 

17,663,000 
6, 426, 000 
3,134,000 
1,684,634 

53,891.000 
32,  641,  000 
10.  095,  854 
8,  058,  251 

19,  616,  000 

15,  971,  000 

4,  921,  854 

2,  776,  291 

34,  275, 000 

16,  670,  000 
5, 174, 000 
5,281,960 

67,  320,  000 

35,  814, 000 

17,  774,  948 
11,940,575 

23,  444, 000 
18,795.000 

6,  647,  948 

3,  746, 660 

33, 876,  000 

20,  019,  000 
11, 127,  000 

8,193,915 

10, 997, 000 

7,  768,  000 
5, 003,  755 

2,  597,  202 

3,  794,  000 
2,  816,  000 
2, 383,  755 
1, 154,  409 

7,  203,  000 
4, 962,  000 
2,  620,  000 
1,  442,  793 

100. 0 
100.0 
100.0 
100.0 

54.6 
58.6 
56.3 
41.8 

45.4 
41.4 
43.7 
58.2 

100.0 
100.0 
100.0 
100.0 

35.9 
67.7 
63.5 
45.4 

64.1 
42.3 
46.4 
54.6 

100.0 
100.0 
100.0 
100.0 

36.4 
48.9 
48.8 
34.5 

63.6 
51.1 
61.2 
65.5 

100.0 
100.0 
100.0 
100.0 

40.9 
48.4 
37.4 
31.4 

59.1 
61.6 
62.6 
68.6 

100.0 
100.0 
100.0 
100.0 

34.5 
36.2 
47.6 
44.4 

65.6 
63.8 
52.4 
55.6 

10,  786 
9, 900 
6,355 
3,884 

10, 137 
8,840 
4,754 
3,213 

11,685 
11,919 
6,397 
4,568 

15,  650 
10. 186 
5,306 
4,449 

11, 875 
9,944 
5,016 
3,812 

18,  810 
10,  534 

5,68S 
5,168 

15, 168 
11.908 
6,443 
5,005 

14. 194 

12,  556 
6,129 
4,372 

15,788 
11,348 
6,772 
5,417 

21,863 
15.907 
9,340 
7,344 

19,423 
14,718 
9,350 
6,460 

23,924 
17,213 
9, 335 
7,834 

32,  249 

19,  716 
11,556 

9,410 

26,  718 

13,  604 
11,087 

8,746 

36, 196 
26,481 
12,018 
10, 019 

69.59 
58,  Hi 
37.83 
31.49 

67.59 
53.  76 
35.43 
26.48 

62.19 

65.67 
41.44 
36.44 

87.48 
61.90 
40.76 
34.41 

68.87 
57.16 
37.67 
31.49 

103.  08 
69.77 
45. 03 
37.30 

72.37 
64.08 
40.97 
32.83 

73.17 
64.45 
41.14 
31.68 

71.91 
63.72 
40.80 
33.54 

198.13 
162.  20 
128.98 
112.75 

169.53 
155.98 
122.41 
90.71 

224.  32 
168.  51 
133.  26 
126. 83 

546.60 
282. 47 
205.  81 
154.99 

496. 27 
230.  S3 
203.  61 
140.  64 

577.  44 
323.  66 
207. 94 
168.77 

3, 967, 000 
2,888,000 
1,  320,  000 
1,601,000 

1,405 

1,  259 

695 

1,103 

7.76 
7.40 
4.91 
8.95 

13.0 
12.7 
13.0 

Free  from  debt 

130 
299 
617 

9.0 
24.8 
75.1 

Mortgaged 

;;94 

94 
20 

49.9 
13.5 
3.0 

3. 967, 000 
2,888,000 
1,320,000 
1,504,000 

6,  652,  000 

1.  880,  000 

1,097,000 

709, 000 

3,353 

3,060 
1,899 
2,228 

3,190 

1,262 

861 

1,022 

17.  85 
20.  17 
12.30 
17.78 

17.94 
7.67 
6.61 
7.90 

28.7 
30.7 
29.7 

New  Hampshire 
AU  farms . 

282 
216 
580 

18.9 
17.0 
S3.  6 

20.5 
12.4 
16.2 

Free  from  debt 

-47 
157 
355 

-5.3 
21.7 
96.5 

Mortgaged 

329 
59 
225 

53.9 
10.7 
69.0 

5,  652, 000 
1,  880, 000 
1,097,000 

709,000 

12,  645,  000 

6,  679, 000 

1,  056,  000 

2,  359,  000 

6,019 
3,082 
1,991 
2,175 

3,531 
2,072 
1,248 
1,466 

32.98 

20.41 
15.76 
15.70 

16.85 
11.16 
7.94 
9.61 

32.0 
29.3 
35.0 

Vermont 
All  farms 

812 
1,174 
-43 

29.6 
74.9 
-2.7 

23.3 
17.4 
19.4 

Free  from  debt 

110 
469 
168 

8.6 
58.4 
26.5 

Mortgaged.. 

702 

705 

-211 

47.8 

92.3 

-21.6 

12.645,000 
5,  679.  000 

1,  956,  000 

2,  359,  000 

9,  621,  000 
6. 124, 000 
3, 494, 000 

3,  709,  000 

5,778 
3,866 
2.560 
2,419 

3,668 
2,100 
1,836 
2,281 

26.32 

21.71 
15.43 
14.98 

33.26 
21.41 

25.35 
35.02 

36.6 
34.1 
37.8 

Massachusetts 
All  farms 

183 
537 
277 

7.6 
28.2 
17.0 

16.8 
13.2 
19.7 

Free  from  debt 

-70 
566 
131 

-5.5 
79.6 
22.6 

Mortgaged- 

Rhode  Island 
All  farms 

253 
-29 
146 

-53 
-39 

157 

21.8 
-2.4 
14.0 

-13.5 
-9.0 
86.9 

9,621,000 
6,124,000 
3,  494,  000 
3.  709,  000 

1,844,000 
931,  000 
731, 000 
582,  000 

6,794 
4,406 
2,931 
3,516 

5,408 
2,363 
1,688 
2,109 

63.71 
43.13 
41.84 
57.41 

91.65 
33.85 
30.07 
34.73 

28.4 
25.6 
31.4 
45.3 

16.8 
12.0 
14.6 

-65 
-8 
83 

-31.4 
-3.7 
62.9 

Mortgaged 

12 

-31 

74 

6.4 

-14.2 

51.8 

1,  844, 000 
931.  000 
731,  000 
5S2.000 

9,  286 
4.979 
3, 353 
4,042 

147. 83 
60.85 
58.02 
68.08 

25.6 
18.8 
27.9 
40.3 

i  The  data  for  the  rented  portion  of  part-owner  farms  included  in  Table  4, 


32 


FARM-MORTGAGE  DEBT 


Table  3. — Number,  Acreage,  and  Value  of  Owned  Portion  of  Farms  Operated  by  Part  Owners,1  by  Mortgage  Status, 

by  Divisions  and  States:  1940-56 — Continued 

[For  1956  and  1950,  no  data  are  included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  included  with  Maryland] 


Area  and  mortgage  status 


Per- 
cent 
distri- 

huHnn 


Increase  or 

decrease  (— ) 

from  preceding 

Census 


Per- 
cent 
distri- 
bution 


Value  of  land  and  buildings 


Per- 
cent 
distri- 
bution 


Amount  of  mortgage  debt 


NEW  ENGLAND— Con. 


.1956 
1950.. 
1945. 
1940. 


Free  from  debt.. 


.1956. 

1950.. 

1945. _ 

1940- 

Mortgaged- .1956.. 

1950- 
1945- 
1940- 

MIDDLE  ATLANTIC 


All  farms .1956.. 

1950.. 
1945.. 
1940.. 

Free  from  debt 1956.. 

1950.. 
1945.. 
1940- . 

Mortgaged 1956.. 

1950. . 
1945. . 
1940.. 


All  farms 1956- 

1950- 
1945.. 
1940- 

Free  from  debt. 1956- 

1950- 
1945.. 
1940- 

Mortgaged 1956— 

1950.. 
1945.. 
1940— 


All  farms 1956.. 

1950- 
1945- 
1940- 

Free  from  debt 1956— 

1950- 
1945- 
1940- 

Mortgaged 1956— 

1950 

1945- 

1940- 

EAST  NORTH  CENTRAL 


.1956- 

1950- 
1945. _ 
1940.. 

.1956- 
1950- 
1945.. 
1940- 

.1956.. 
1950- 
1945.. 
1940.. 


Free  from  debt.. 


1.243 
1,210 

1,109 


21,  511 
18,934 
19,  045 
14, 128 

11,  896 
11,310 
10.  923 
6,273 

9,615 
7,624 
8,122 
7,855 


3,054 
3,221 

1,922 


1,477 
1,210 
1,547 
1.161 


17,  394 
14.999 
13,  547 
8,  390 


7,497 
5,387 
4.617 
3.  645 


IS,  427 
18,  527 
15, 830 
10,271 

11,881 
9,499 
9,005 

10,  761 


100.0 
100.  0 
100.0 
100.0 


ino.O 
100.0 
100.0 

55.3 

59.7 
57.4 
44.4 


100.0 
100.0 
100.0 
100.0 


44.7 
40.6 
48.0 


10(1  0 
100.0 
100,0 
100.0 

56.9 
64,1 
65.9 


43.1 
35.9 
34.1 
43.4 


100.0 
100.0 
100.0 
100.0 

60.8 
66.1 
63.7 


51.2 


2,282 
3.191 
3,803 


-100 
2.  697 
5,559 


13.6 
-0.6 
34.8 


586 

5.2 

387 

3.5 

4,650 

74.1 

1,991 

26.1 

-498 

-6.1 

267 

3.4 

19.1 
-19.8 
33.2 


16.0 
10.7 
61.5 


295.  732 
230,  599 
212,091 
125,  203 

128.  052 

129,290 
103, 791 
51,315 


3,  124,  312 
2,  468,  700 
2,233.197 
1,  462, 940 

1,  574,  653 

1,  421, 900 

1,  250,  467 

613, 806 

1,  549,  659 

1,  046,  800 

982,  700 

849, 134 


313. 158 
257,  300 
22S. 990 
130,  891 

164,  095 
140,  700 
105,  290 
47,  657 

149,  063 

111',,  990 
123,  700 
83,234 


1.901,  995 
1,  492,  500 
1,  247, 179 


1,017,999 
920,  500 
811,679 
375,  785 

853,  996 
672, 000 
435,  500 
310, 153 


2,  923.  799 
2,  523, 800 
2,  229.  443 
1, 679, 146 

1,751,338 

1,023,499 

1, 308,  743 

779,  384 

1,172,431 
900, 400 
917,  700 
899,  762 


100.0 
100.0 
100.0 
100.0 


100  0 
100.0 
100.0 
100.0 


49.6 
42.4 
44.0 
58.0 


109.0 
100.0 
100.0 
100.0 

62.4 
54.7 
46.0 
36.4 

47.6 
45.3 
51.0 
63.6 


190.0 
100.0 
100.0 
100.0 

55.1 
61.7 
65.1 
54.8 

44.9 

38.3 
34.9 
45.2 


100.0 
100.0 
100.0 
100.0 


40.1 
35.7 
41.2 
53.6 


145.2 
130.4 
117.3 
103.5 

132.4 
125.7 
114.5 
97.8 

161.2 
137.3 
121.0 

108.1 


94.7 
84.3 
71.1 


95.0 
87.6 
82.7 
75.9 


90, 092,  000 
50.  563,  000 
28.  425, 472 
16,  380,  708 

41,803,000 
25  621,000 
13,  204,  472 
5,  767, 076 

48,  289,  000 
24,  942, 000 
15.  221. 000 
10.  013,  632 


419,  668, 000 
240. 105  000 
155.  007.  044 
91, 184,  609 

205,  218, 000 
139,  328, 000 
86.314.04* 
37,  390,  295 

214,  450, 000 
100.  777,  000 
68.  693.  000 
53,  794,  314 


123,024,000 
62,  773.  000 
37,  984,  581 
16,  919,  940 

63,111,000 
33,  981,  000 

18.  551.  581 
5. 904,  681 

69,  913,  000 
28,  792.  000 

19.  433.  000 
11.015.259 


286.  050.  000 
168,  948,  000 
90.  324,  332 
42,  933,  732 

140,  164,  000 
101,  452, 000 
55,  644. 332 
21,  283, 878 

145, 886, 000 
67,  496,  000 
34,  680, 000 
21,649,854 


606,  94S,  000 
357,  019,  000 
204, 385.  086 
121,254,995 

352, 030, 000 
224,  649, 000 
120,  389. 086 
53,  417, 153 

254, 918, 000 
132.  370, 000 
83,  996,  000 
67, 837, 842 


100.0 
100.0 
100.0 
100.0 


50.7 
46.5 
35.2 


100.0 
100.  0 
100.0 
100.0 


5X.  9 
55.7 
41.0 

51.1 
42.0 
44.3 
69.0 


100.0 
100.0 
100.0 
100.0 


45.9 
SI.  2 
65.1 


190.0 
100.0 
100.0 
100.0 


60.  0 
61.6 
49.6 

51.0 
40.0 
38.4 
50.4 


100.0 
100.0 
10O.O 
100.0 


42.0 
37.1 
41.1 
55.9 


32.  701 
20.  812 

12,397 


33,  031 
20, 692 

11,  907 
10, 189 

31,  937 

21,  030 

12.  855 
11,462 


12,319 
7,902 
5,961 

22,304 
13.218 
8,458 


37,  201 
20.  554 
11,793 


31,  487 
18,  733 
11,  082 


40.  5.1  1 
23.  219 

12,502 


16.  445 
11,204 
6.667 
5,117 

14, 162 
10,  555 
6.231 


19.  4., 9 
12,  529 
7,511 
5,940 


20,  026 
12,  739 
8.230 
5,765 

19, 104 
12, 125 
7,605 
5,201 

21,456 
13.935 
9,328 
6,304 


304.  64 
213.80 
134.  08 
130.83 

326.  45 
213. 15 
127.33 
112.39 


134. 32 
97.26 
69.41 


138. 39 
96.27 
69.90 
63.35 


392.  85 
2 13  97 
165.88 
129.27 

384.  60 
241.  51 
176.  20 
123.90 

401.93 

2-10.  93 

157. 10 
132.  34 


133.  74 
119.21 
68.55 
56.64 


201.01 
13S.  38 
91.  99 
68.54 

217. 43 
147.01 
91.53 
75.40 


11.251,000 
6.  272,  000 
4,  490.  000 
3,  776,  000 


38.04 
26.52 
21.18 
30.16 


11,251,000 
6,  272. 000 
4,  490.  000 
3,  776, 000 


7,441 
5.288 
3.792 
4.07S 


2,742 
1.596 
1.244 
1.742 


67.10 
53.93 
41.46 
51.10 


18.88 
12.24 
10.61 
16.82 


58.  974, 000 
30.  226,  000 

23,  699.  000 

24,  613, 000 


13.  780,  000 
7,  722,  000 
6. 199,  000 
5,  019,  000 


4,167 
2,528 
1.925 
2,611 


38.06 
28.87 
24.12 


44.00 
30.01 
27.07 

3S.34 


13.  780. 000 
7,  722,  000 
6. 199,  000 
5,019,000 


42, 307,  000 
22,  207, 000 
12,  346, 000 
9,  603,  000 


9,330 
0.227 
4,007 


92.44 
66.23 
50.11 
60.30 


42, 307. 000 
22,  207, 000 
12,  346, 000 
9,  603, 000 


68, 828,  000 
40,  640. 000 
26,  627, 000 
30,391,000 


5,643 
4,122 
2.674 
2,635 


2,271 
1.450 
1,072 
1,445 


49.  54 
38.82 
28.35 
30.96 


23.54 
16.11 
11.96 
18.10 


68. 828, 000 
40,  649,  000 
26,  627, 000 
30,  391, 000 


5,793 
4,279 
2,957 
2,824 


45.15 
29.01 
33.78 


1  The  data  for  the  rented  portion  of  part-owner  farms  included  in  Table  4. 


FARM-MORTGAGE  DEBT 


33 


Table  3. — Number,  Acreage,  and  Value  of  Owned  Portion  of  Farms  Operated  by  Part  Owners,1  by  Mortgage  Status, 

by  Divisions  and  States:  1940-56 — Continued 

[For  1956  and  1950,  no  data  are  Included  for  the  District  of  Columbia;  for  1945  and  194(1,  District  of  Columbia  data  are  included  with  Maryland] 


Area  and  mortgage  status 


Per- 

Number 

cent 

distri- 

bution 

30, 829 

100.0 

28,615 

100.0 

26, 891 

100.0 

23,  445 

100.0 

16, 925 

54.9 

17,  491 

61.1 

12, 821 

47.7 

8,925 

38.1 

13,904 

45.1 

11,  124 

38.9 

14,  070 

52.3 

14,  520 

61.9 

38.270 

100.0 

39,  771 

100.0 

35,  266 

100.0 

32, 826 

100.0 

25,  756 

67.3 

28,782 

72.4 

24.028 

68.1 

16,  607 

60.6 

12,  514 

32.7 

10, 989 

27.6 

11,  238 

31.9 

16,  219 

49.4 

29,163 

100.0 

27.  231 

100.0 

27, 096 

100.0 

21,383 

100.0 

16,681 

87.2 

17,  003 

62.4 

15,  201 

66.1 

9,028 

42.2 

12, 482 

42.8 

10.228 

37.6 

11,895 

43.9 

12,  355 

57.8 

24.299 

100.0 

20, 879 

100.0 

20,  372 

100.  0 

16, 127 

100.0 

12, 125 

49.9 

12,  253 

58.7 

9,129 

44.8 

5,535 

34.3 

12, 174 

50.1 

8,626 

41.3 

11,  243 

55.2 

10,  592 

65.7 

36, 171 

100.0 

34,  843 

100.0 

34,  354 

100.0 

29.  037 

100.0 

17,  290 

47.8 

20, 156 

57.8 

15, 192 

44.2 

9,829 

33.8 

18,881 

52.2 

14,  687 

42.2 

19, 162 
19,208 

55.8 
66.2 

Increase  or 

decrease  (— ) 

from  preceding 

Census 


Per- 
cent 
distri- 
bution 


ValiH-  of  h'M  nn!  hull. lines 


Per- 
cent 
distri- 
bution 


Amount  of  mortgage  debt 


All  farms 1956.. 

1950.. 
1945. . 
1940- . 


Free  from  debt  - 


Free  from  debt  - 


Mortgaged. 


.1956.. 
1950- 
1945- . 
1940 .. 

.1956.. 
1950.. 
1945- 
1940. . 


19,50 
1950. 
1945. 
1940. 

.1956. 
1950- 
1945- 
1940- 

.1956. 
1950. 
194.5. 
1940. 


Free  from  debt- 


Mortgaged. 


.1956. 
1950. 
1945. 
1940. 

.1956. 
1950. 
1945. 
1940. 

.1956. 
1950. 
1945. 
1940. 


Free  from  debt.. 


Mortgaged. 


All  farms 


Free  from  debt. 


.1956.. 
1950.. 
1945.. 
1940- 

.1956.. 
1950.. 
1945.. 
1940. . 

.1956.. 
1950.. 
1945- 
1940.. 


.1956.. 
1950- 
1045.. 
1940.. 

.1956 
1950 
1945.. 
1940- 


Mortgaged 1956 

1950 
1945 
1940 


2,214 
1,724 
3,  446 


-566 
4.670 

3,  896 


-:i.("r_Y, 
4,754 
7,421 


1.328 

489 

5,317 


25.0 
-20.9 
-3.1 


-in  5 
19.8 
44.7 


13.9 
-2.2 
-30.7 


-1.0 
34.2 
64.9 


-14.  2 
54.6 
32.7 


28.6 
-23.4 
-0.2 


2.  042.  337 
2,  03!),  01  III 
2,  579,  282 
1, 974,  410 

1,627.112 

1,  546,  300 

1, 152,  782 

680, 332 

1,315,225 

1,092.700 
1,  426, 500 
1, 294, 078 


4, 334. 037 

4.  035.  600 
3.  903,  732 

3,  292,  208 


1,551,585 
1,  245,  700 

1.302.  300 
1,823.  345 


3, 177, 477 

2,  778,  400 
2,674,934 
1, 844,  789 

1,  766, 677 

1,694,100 

1,  434,  034 

741, 871 

1,  410,  800 
1,  084,  300 
1,  240, 900 
1,102,918 


3,  250,  319 
2,511.200 
2,  325,  721 
1,  625,  267 

1,647,912 

1,  432.  000 

985,  721 

521,005 

1,  602, 407 

1,079,200 
1, 340,  000 
1,104,262 


6, 022,  048 
5,319.900 
5,162,941 
4,  050,  953 

2,  794,  230 
2.006.000 
2, 131, 941 

1,  156,  962 

3,  227, 818 

2,  413,  300 
3,031,000 
2,  S93,  991 


100.0 
100.  0 
100.  0 
100.0 

65.3 
58.6 
44.7 
34.5 


41.4 
55.3 
65.5 


100. 0 
100.  0 
100.  0 
100.0 


80.  0 

35.7 
55.4 


100.  0 
100.0 
100.0 
100.0 

55.6 
61.0 
53.6 
40.2 

44.4 
39.0 
46.4 


100.0 
100.0 
100.  0 
100.0 


57.0 
42.4 
32.1 

49.3 
43.0 
57.6 
67.9 


100.0 
100.0 
100.0 
100.0 

46.4 

54.6 
41.3 
28.6 


95.4 
92.2 
95.  9 


113.2 
101.5 
110.7 
100.  3 


124.0 
113.4 
123.9 
112.4 


105.9 
99.6 
94.3 
82.2 

113.0 

106.0 
104.  3 


133.  8 
120.3 
114.2 
100.8 

135.9 
116.9 

108  0 


131.6 
125.1 
119.2 
104.3 


152.7 
150.3 
139.5 

161.6 
144.2 
140.3 
117.7 

171.0 
164.3 
158.2 
150.7 


641,680,000 
376, 096,  000 
234,751,024 
132,  639, 320 

338,  807, 000 
216,924,000 
105,  426, 024 
44, 012,  734 

302,873,000 
159,172,000 
129,  325, 000 
88,  526,  586 


992,  353,  000 
627.  356.  000 
417,  344,  70S 
25S,  920,  767 

601.  366,  000 
429, 760, 000 
252,  742,  708 
100,  617, 488 

390.  987, 000 
197,  596, 000 
164,  602,  000 
15S,  303,  279 


479,  707, 000 
273, 954,  000 
181,  553,  454 
97,  214,  609 

246,  569. 000 
169,014,000 
100,  761, 454 
38, 884, 022 

233, 138,  000 
104, 940. 000 
80.  792, 000 
58,  330, 587 


3,50.  S73. 000 
236.  408, 000 
146,  080,  292 
89,  449,  630 

162.  454, 000 
126,  217, 000 
60,  027.  292 
28,318,113 

188, 419, 000 
110,191.000 
86, 053, 000 
61.131,517 


657,  027,  000 
423,  758,  000 
276,  375,  585 
177,  964,  823 

285, 150.  000 
.•30,  471,  000 
110,  792,  585 
50,  (587,  727 

371,877.000 
193,  287,  000 
165,  583,  000 
127,277,096 


100.  0 
100.  0 
100. 0 
100.0 


57.7 
44.9 
33.2 

47.2 
42.3 
55.1 


100.0 
100.0 
100.0 
100.  0 


100.0 
100.0 
100.0 
100.0 

51.4 
61.7 
55.5 
40.0 

48.6 
38.3 

44.5 
60.0 


100.  0 
100.0 
100.0 

ioo.o 

46.3 
53.4 
41.1 
31.7 

53.7 
46.6 
58.9 
68.3 


100.0 
100.0 
100.0 
100.0 

43.4 
54.4 
40.1 
28.5 

56.6 
45.6 
59.9 
71.5 


20,  KM 
13,  1 13 

8,  730 
5,653 

20, 018 
12.4112 

8.  223 
4,931 

21,  783 

14,300 

9,  192 


25  030 
15,  774 
11.83! 


23,310 
14,932 
10.  519 
6,059 

31,244 

17,981 
14,  647 
9,760 


14,  781 
9,  940 
6.  629 
4,307 

18.  678 

10.200 
6.792 
4,721 


14.440 
11,323 
7,171 
5,547 

13, 398 
10.  301 
6,575 
5,116 

15,  477 
12.  774 
7,654 
5,771 


21-1,00 
142.  51 
91.01 
67.13 

208.23 
110  20 
91.45 


230.28 
145.  67 
90.  66 
68.41 


228.  07 
155.  46 
106.01 
78.65 

216. 13 

154.04 
100  64 


2.5 1.  oo 

158.02 

us  22 
86.82 


150.  97 
OS.  60 
67.87 
52.70 


H',-..  2.5 
96.78 
65.11 
52.89 


107.0.5 
94.14 
62.81 
55.  04 


117.58 
102.  10 
64.22 
55.36 


109.  10 
79.  66 
53.  53 
43.93 

102. 05 
79.29 
51.97 
43.81 


16.192 
11,434 
7,293 
5,157 


io.  001; 

13, 160 
8,  641        54. 63 
6,626  I    43.98 


76,021,000 
41,505,000 
35,  823,  000 
37, 383,  000 


2.  tor, 
1,450 
1.332 
1,594 


25  SI 
15.73 
13.  89 
18  03 


76.021.000 
41,  505.  000 
35. 823,  000 
37,  3S3,  000 


90,  709, 000 
50,766.000 
40,  492,  000 
70, 854, 000 


.5.  168 
3.  731 
2,  546 

2.575 


2.370 
1,276 
1,148 

2,  158 


.57.  SO 
37  OS 
25  11 


20  03 
12.58 
10.37 

21.52 


90,  709,  000 
50,766,000 
40,  492,  000 
70,  854, 000 


65.  279, 000 
33,  475,  000 
26,  823. 000 
26,  529, 000 


7,249 

4,  021 
3.003 


.58.  10 
40.75 
20.08 


20.  54 
12.  05 
10.  03 
14.38 


65,  279, 000 
33,  475,  000 
26.  823,  000 
26,  529, 000 


68,  396.  000 
37, 433. 000 

34,  594, 000 

35,  946, 000 


3.273 

2,255 
2.147 


2,815 
1.793 
1.  60S 


21.04 
14.91 
14.87 
22.  12 


37,  433, 000 
34,  594. 000 
3.5,  946,  000 


109,  704,  000 
58,  072,  000 
62,  756,  000 
69,  784,  000 


4.  340 
3,077 
3,  394 


3.033 
1,  667 
1,827 
2,403 


42  OS 
34.69 
25.  82 
32.  55 


18.22 
10.92 
12. 16 
17.23 


109.704,000 
58.  072,  000 
62,  766,  000 
69,  784,  000 


5,810 
3,  954 
3,  275 
3,633 


34.  00 
24.  06 
20.70 
24.11 


1  The  data  for  the  rented  portion  of  part-owner  farms  Included  in  Table  4. 


34 


FARM-MORTGAGE  DEBT 


Table  3. — Number,  Acreage,  and  Value  of  Owned  Portion  of  Farms  Operated  by  Part  Owners,1  by  Mortgage  Status, 

by  Divisions  and  States:  1940-56 — Continued 

[For  1950  and  1950,  no  data  arc  included  for  the  District  of  Columbia;  for  1945  and  1949,  District  of  Columbia  data  are  Included  with  Maryland] 


Area  and  mortgage  status 


Per- 
cent 
distri- 
bution 


Increase  or 

decrease  (— ) 

from  preceding 

Census 


Land  in  farms 


Per- 
cent 
distri- 
bution 


Aver- 
age 
per 
farm 

(acres) 


Value  of  land  and  buildings 


Per- 
cent 

distri- 
bution 


Amount  of  mortgage  debt 


value 
(per- 
cent) 


Free  from  debt.. 


Mortgaged. 


Free  from  debt. 


.1956.. 
1950- 
1945. . 
1940. 

.1956.. 
1950. 
1945 
1940 

.1956 
1950 
1945 .. 
1940. 


..1956 
1950- 
1945 
1940- . 


30,  581 
30,  229 
25, 195 
22,  410 

14, 924 
17, 129 
11,053 
7,292 

15,  657 
13, 100 
14,142 
15,118 


37,  742 
36,  674 
31,552 
29,  836 


-1956-.  20,947 
1950. .  25,622 
17, 717 
1940- -        11,901 


.1956. 
1950. 
1945. 
1940. 


North  Dakota 


Free  from  debt.. 


i  nr.f, 

1950 

1945- 

1940- 

.1956- 
1950. 
1945. 
1940. 

.1956. 
1950. . 
1945. 
1940 


South  Dakota 


Free  from  debt.. 


.1956. 
1950. 
1945- 
1940. 

.1950. 
1950.. 
1945. 
1940. 


Free  from  debt. 


1951 1 

1950. 
1945. 
1940- 

Mortgaged 1956. 

1950. 
1945.. 
1940. 


16,795 
11,052 
13, 835 
17,  935 


25,488 
25,  493 
27,  775 
21,  740 

15, 140 
17,  664 
14,  028 


10,  348 
7,829 
13,  747 
15,  852 


24,  2S8 

25,  334 
24,  898 
18,  750 

12,  508 
15, 852 
10,  843 
5,978 


.1956.-  11,780 

1950.  -  9,482 

1945. .  14,055 

1940..  12,772 


26,  342 

27,  164 
24,603 
21, 497 


11,459 
10,206 
12,  225 
15, 085 


100.0 
100.0 
100.0 
100.0 


100.0 
100.0 
100.0 
100.0 


100.0 
100.0 
100.0 
100.0 


100.0 
109.0 
100.0 
100.0 

51.5 

62.6 
43.5 
31.9 


100.0 
1O0.O 
100.0 
100.0 

56.5 
62.4 
50.3 
29.8 

43.5 
37.6 
49.7 
70.2 


-2,  205 
6,076 
3,761 


2,557 

-1,042 

-976 


-4,  675 
7,905 
5,816 


5, 743 
-2,  783 
-4, 100 


-2,  524 

a,  ran 
8,140 


-12.9 
65.  0 
51.6 


2,519 
-5,918 
-2, 105 


2,298 
-4,  573 
1,283 


3,  944,  401 
3,  541,  200 
3,  243,  978 
2,  716,  439 

1,  873,  590 

1,  907, 100 

1,254,178 

751,651 


5.807,067 
4,  914,  400 
4,  143,  lbl 
3,  352,  154 


2,  497,  039 
1,926,400 
1,  981,  200 
2, 102, 131 


13,074,402 
12,  204,  9O0 
12,  123,  652 
7, 870,  013 

8,  040, 757 
8,  428,  200 
6,  346,  852 
2,053,120 

5,  033, 645 
3,  836,  700 

5,  776,  800 

6,  806,  893 


IS,  983, 032 
15.  268,  700 
12,  280,  804 
7, 340,  043 


-21.1  8,407,548 
46.2  9,232,100 
81. 4  6, 885.  450 
2, 327,  276 


62.0 
-20.1 
-22.9 


(s0 

-8.2 
27.8 


-14.3 
25.9 
138.2 


24.2 

-32.5 

10.0 


-3.0 
10.4 
3, 106         14.  4 


1,253 
-2,019 

-2,860 


-12.2 
37.0 
93.0 


02.3 
-16.  5 
-19.0 


7,  576,  384 
6,  036,,  6iin 
6,  395,  354 
5,  012,  767 


100.0 
100.0 
100.0 
100.0 


5,  983.  528 
4,  632,  400 

6,  120,  700 

7,  043, 404 


100.0 
100.0 
100.0 
100.0 


100.0 
100.0 
100.0 
100.0 


10".  0 
100.0 
100  0 
100.0 

52.6 

60.5 
47.9 


47.4 
39.5 
52.1 
68.3 


12.  895.  534  100.  0 

11,900,900  100.0 

11,472,950  100.0 

!),  992.  439  100.  0 


6,912,006 
7,  268,  500 
6,  352,  250 
2, 949,  035 


61.1 
46.7 
29.5 


129.0 
117.1 
128.8 
121.2 

125.5 
111.3 
113.5 
103.1 

132.3 

124.7 
140.7 
130.0 


158.0 
116.6 
122.0 
105.0 

148.7 
174.3 
143.2 
117.2 


513.0 
481.1 

436.5 
362. 0 

531.1 
477.1 
452.4 


4S6.4 
490.1 
420.2 
366.  3 


672.  2 
582.  4 
542.8 


464.4 
428.6 
432.4 
459.9 

522.2 
453.9 
500.7 


795,891,000 
554,  623,  000 
345, 354.  376 
226,  520, 091 


423,  414,  000 
250,  529,  000 
211,262,000 
165, 922, 124 


505,  611,  000 
310,  204, 000 
187,  016, 459 
113,155,036 

275,  558,  000 
184, 699,  000 
94, 910,  459 
40,  547.  971 

230,  053,  000 
125,  505,  000 
92, 106.  000 
72,  607,  065 


281,  723,  000 
234,  531.  000 
107,  208,  312 
27, 159,  526 

187, 034,  000 
105,  278,  000 
105,  022,  000 
86,  322,  310 


547,  376,  000 
396, 841,  000 
199,  31.7.  788 
95,  558,  662 

287,  372,  000 
246,  540.  000 
91,989,788 
26,  776,  705 

260,  004,  000 
150.  301,  000 
107,  378,  000 
68,  781, 957 


818, 384,  000 
505, 975, 000 
302,  023,  768 
175, 813,  005 

443,  664,  000 
311,  790,  000 
141,600,768 
46,  355, 216 

374, 820,  000 
194, 185,  000 
160, 423, 000 
129, 457,  849 


100.0 
100.0 
100.0 
100.0 


53.2 
45.2 
61.2 
73.2 


100.0 
100.0 
100.0 
100.0 

54.5 
59.5 
60.7 


45.  5 
40.5 
49.3 
64.2 


26,  026  201.  78 

18,  347  156.  62 

13,  708  106.  46 

10, 108  83.  39 

24,  958 
17,  753 
12,133 
8,310 


27,  043 

19,  124 
14,939 
10,  975 


13.155 
7,209 
5,357 
3,407 

13,  698 
11,356 
6,657 


100.0 
100.0 
100.0 
100.0 

18,  391 
13,  330 
7,641 
6,220 

60.1 
69.0 
60.5 
23.9 

18,  608 
13,  277 
7,642 
4,613 

39.9 
31.0 
49.5 
76.1 

18,  074 
13,  447 
7,640 
5,446 

100.0 
100.0 
100.0 
100.0 

22,  537 
15,664 
8,007 
5,096 

52.5 
62.1 
46.1 
28.0 

22,  975 
15,  553 
8,484 
4,479 

47.5 
37.9 
53.9 
72.0 

22, 072 
15,  851 
7, 640 
5,385 

100.0 
100.0 
100.0 
100.0 

54.2 
61.6 
46.9 
26.4 


31,068 
18,627 

1 2.  276 
8,178 

29,  803 

IS,  380 
11,440 
7,229 

32,  710 
19.  027 

13.  123 
8,582 


204.  47 
153.31 
106.  17 
84.45 


87.07 
03. 12 
45.14 
33.76 

83.25 
61.81 
43.90 
32.44 

92.13 
65.  15 
46.49 
34.54 


35.85 
27.71 
17.51 
14.42 

35.04 

27.  S3 
16.89 
13.16 

37.16 
27.44 
18.18 
14.87 


34.  25 
25.  99 
16.23 
13.02 

34.18 
26.70 
15.63 
11.51 

34.32 

21.  90 
16.79 
13.72 


64.17 
42.90 
26.46 
15.72 

62.64 
41.92 
26.21 
18.38 


121, 943,  000 
71,  759,  000 
75,  209,  000 
92,  739, 000 


121,  943, 000 
71,  759, 000 
75,  209,  000 
92,  739, 000 


70, 856,  000 
37,  692,  000 
32,  790, 000 
39,  889, 000 


3.98S 
2,374 

2,  985 


7.  7S8 
5,478 
5,318 
6,134 


1,877 
1,028 
1,039 
1.337 


70,  856, 000 

37,  692.  000  3,  410 

32,  790,  000  2,  370 

39, 889,  000  2,  224 


46, 946,  000 
25, 161,  000 
36,127,000 
55,  328,  000 


46.  946,  000 
25,161,000 
36, 127,  000 
55,  328,  000 


64,  741,  000 
38.  306. 000 
37,  260,  000 
43,  458,  000 


64,  741,  000 
38,  306, 000 
37,  260,  000 
43, 458,  000 


89,  207,  000 
49, 910,  000 
53, 902,  000 
76,  340,  000 


43.91 
37.80 
47.20 


12.20 
7.07 
7.91 

11.90 


2S.3S 
19.57 
16.55 
18.98 


4,537 
3,214 
2,  028 
3,490 


2,  600 
1,512 
1,497 
2,318 


89, 207. 000 
49. 910,  000 
53,  902,  000 
76,  340,  000 


6,496 
4,040 
26.51 
3,403 


3,386 
1,837 
2.191 
3,  551 


0.  56 
6.25 
9.53 


4.05 
2.51 
3.03 
5.92 


8.55 
6.35 
5.83 
8.67 


6.92 
4.19 
4.70 
7.64 


23.8 
25.7 
33.6 
69.0 


z  0.05  percent  or  less. 

'  The  data  for  the  rented  portion  of  part-owner  farms  included  in  Table  4, 


FARM-MORTGAGE  DEBT 


35 


Table  3. — Number,  Acreage,  and  Value  of  Owned  Portion  of  Farms  Operated  by  Part  Owners,1  by  Mortgage  Status, 

by  Divisions  and  States:  1940-56 — Continued 

[For  19S0  and  1050,  no  data  arc  included  for  the  District  of  Columbia;  for  104S  and  1840,  District  of  Columbia  data  are  included  with  Maryland] 


status 

Farms 

Land  in  farms 

Value  of  land  and  buildings 

Amount  of  mortgage  debt 

Area  and  mortgage 

Number 

Per- 
cent 
distri- 
bution 

Increase  or 

decrease  (— ) 

from  preceding 

Census 

ArrcH 

Per- 
cent 
distri- 
bution 

Aver- 



per 
farm 
(acres) 

H.,11  ,,', 

Per- 
cent 
distri- 
bution 

Average  value 
(dollars) 

Dollars 

Average  debt 
(dollars) 

Ra- 
tio 

Per 
farm 

Per 

Per 
farm 

Per 
acre 

to 

Number 

Per- 
cent 

(pel 

(Till  , 

WEST  NORTH  ( 
TRAL— Oontini 

Kansas 

All  farms 

3EN- 
<>d 

..1956.. 
1950- 
1945.. 
1940.. 

1950.. 
1950- 
1945. . 
1940- 

.-1956-. 
1950- 
1945- 
1940- . 

TIC 

-1956- 
1950. . 
1945.. 
1940- 

1956- 
1950- 
1945- 
1940- 

1956- 
1950. . 
1945.. 
1940- 

1956- 
1950. - 
1945.. 
1940- 

1956- 
1950- 
1945. . 
1940- 

..1956.. 
1950- 
1945- 
1940-. 

1956- 
1950.. 
1945- 
1940- 

1956- 
1950- 
1945- 
1940- 

-1956- 
1950- 
1945.. 
1940- 

-1956- 
1950- 
1945- 
1940- 

1956- 
1950- 
1945- 
1940- 

1956- 
1950. . 
1945- 
1940- 

40,  746 
41,135 
36.  531 
33,  034 

23. 347 

27, 089 
19,  032 
10,  797 

17,399 
14,  046 
17,499 
22,237 

1,132 
917 
629 

555 

755 
011 
390 
296 

377 
306 
239 

259 

4,344 
3,387 
2,566 
1,722 

2,320 

2,012 

1,475 

834 

2,024 
1,375 
1,091 

888 

19, 185 
16,  209 
12,219 
13,164 

13,429 
12,  787 
9,447 
9,121 

5,756 
3,422 
2,772 
4,043 

5,943 
5,230 
4,398 
4,783 

4,695 
4.330 
3,638 
3,716 

1,248 
950 
760 

1,067 

100.0 
100.0 
100.0 
100.0 

57.3 
65.8 
52.1 
32.7 

42.7 
34.2 

47.9 
67.3 

100.0 
100.0 
100. 0 
100.0 

66.7 
66.6 
62.0 
53.3 

33.3 
33.4 
38.0 
46.7 

100.0 
100.0 
100.  0 
100.0 

53.4 
59.4 
57.5 
48.4 

40.6 
40.6 
42.5 
51.6 

100.0 
100.0 
100.0 
100.0 

70.0 
78.9 
77.3 
09.3 

30.0 
21.1 

22.7 

30.7 

100.0 
100.0 
100.0 
100.0 

79.0 
82.0 
82.7 
77.7 

21.0 

18.0 
17.3 
22.3 

-380 
4,604 
3,497 

-0.9 
12.6 
10.6 

12,645,823 
11,492,600 
10,210,854 

8,100,625 

7, 106,  953 
7,  556,  900 

4,  303,  854 

2,  303, 891 

5,  538, S70 

3,  935,  700 
5,  907,  000 
5,  796,  734 

141,  730 
96,  700 
54, 990 
52, 354 

72,  707 
56, 100 
30.  090 
27, 188 

69, 023 
40, 600 
24,  900 
25, 166 

498, 606 
345,  900 
229,  084 
137, 476 

252, 295 
1SS,  400 
111,984 
59,  028 

246, 311 
157,  500 
117,100 
78,  448 

2, 157,  023 

1,  582, 800 

1,041.626 

945, 641 

1,  453,  834 

1,161,100 

699,  326 

.",3,  117 

703, 189 
421,700 
342, 300 
392,  524 

689,  413 
564, 700 
415,820 
377, 494 

543,  947 
421, 800 
319,420 
260, 480 

145,  466 

142,  900 
96,  400 

117,014 

100.0 
100.0 
100. 0 
100.0 

56.2 
65.8 
42.1 

28.4 

43.8 
34.2 
57.9 
71.6 

100.0 
100.0 
100.0 
100.0 

51.3 
58.0 
54.7 
51.9 

48.7 
42.0 
45.3 
48.1 

100.0 
100.0 
100.0 
100.0 

50.6 
54.4 
48.9 
42.9 

49.4 
45.6 
51.1 
57.1 

100.0 
100.0 
100.0 
100.0 

67.4 
73.4 
67.1 
58.5 

32.6 

26.6 
32.9 
41.5 

100.0 
100.0 
100.0 
100.0 

78.9 
74.7 
76.8 
69.0 

21.1 
25.3 
23.2 
31.0 

310.4 
279.4 
279.5 
245.2 

304.4 
279.0 
226.1 
213.4 

318.3 

280.2 
337.6 
260.7 

125.2 
105.5 
87.4 
94.3 

96.3 
91.8 

77.2 
91.9 

183.1 
132.7 
104.2 
97.2 

114.8 
102.1 
89.3 
79.9 

108.7 
93.6 
76.0 
70.9 

121.7 
114.5 
107.3 
88.3 

112.4 
97.6 
85.2 

71.  S 

108.3 
90.8 
74.0 
60.6 

122.2 
123.2 
123.5 
97.1 

116.0 
107.0 
94.5 
78.9 

115.9 
97.4 
87.8 
70.1 

116.6 
150.4 
126.8 
109.7 

1, 050,  662, 000 
735,  228,  000 
403, 130,  416 
243, 646,  890 

602, 029. 000 
487,  457,  000 
202,294,416 

70,  771, 198 

448,  633,  000 
247,771,000 
200,  836, 000 
172,S75,092 

25,  780, 000 
11.410,000 
4,113,100 
2,  467, 285 

14,669,000 

6. 653,  000 

2,  357, 100 
1, 136, 795 

11,111,000 
4, 757,  000 
1,756.000 
1,330,490 

91,865,000 
45, 138, 000 
22, 168,  780 
9,159,395 

38,  859, 000 
23,  307, 000 
11,839,780 

3,  859, 728 

53,  006, 000 
21,831,000 
10,  329,  000 
5,  299, 667 

257,471,000 
135.735,000 
60,  952,  227 
43.  492,  913 

159,117.000 
95, 020, 000 
38,153,227 
23,  945,  789 

9S,  354, 000 
40,  765,  000 
22,  799,  000 
10,  547, 124 

47,  672,  000 
33.  6S3, 000 
17, 290, 383 
12,  337,  465 

32,  798, 000 
24,691,000 
13, 330, 383 
8, 181, 193 

14.874,000 
8, 992, 000 
3,  960,  000 
4,156,272 

100.0 
100.0 
100.0 
100.0 

57.3 
66.3 
50.2 
29.0 

42.7 
33.7 
49.8 
71.0 

100.0 
100.0 
100.0 
100.0 

56.9 
58.3 
57.3 
46.1 

43.1 
41.7 
42.7 
53.9 

100.0 
100.0 
100.0 
100.0 

42.3 
51.6 
53.4 
42.3 

57.7 
48.4 
46.6 
57.7 

100.0 
100.0 
100.0 
100.0 

61.8 
70.0 
62.6 
55.1 

38.2 
30.0 
37.4 
44.9 

100.0 
100.0 
100.0 
100.0 

68.8 
73.3 
77.1 
66.3 

31.2 
26.7 
22.9 
33.7 

25, 786 
17,874 
11,035 
7,376 

25,  786 
17,995 

10.  629 
6,  555 

25,  785 
17,  640 
11,477 
7,774 

22,  774 
12.443 
6,  539 
4,440 

19, 429 
10.8S9 
6,044 
3,841 

29, 472 
15,  546 
7,347 
5,137 

21, 148 
13,  327 
8.647 
5,329 

16, 750 

11,  584 
8,040 
4,650 

26,189 
15, 877 
9, 467 
5,968 

13, 420 
8,377 
4,988 
3,304 

11,849 
7,431 
4,039 
2,625 

17, 087 
11,913 
8,225 
4,835 

8.022 
6.  379 
3,  931 
2,579 

6.986 
5,702 
3,664 
2,202 

11,918 
9,465 
5,211 
3,895 

83. 08 
63.97 
39.48 
30.08 

84.71 

47.00 
30.72 

81.00 
62.96 
34. 00 
29.82 

181.90 
117.99 
74.80 
47.13 

104, 980, 000 
58,  814. 000 
56, 435, 000 
84,  298,  000 

2,  576 
1,430 
1,545 
2,552 

8.30 
5.12 
5.53 
10.41 

lo.o 
8.0 
14.0 
34.6 

Free  from  dobt 

-3.  742 
8.057 
8,235 

-13.8 
42.3 
76.3 

Mortgaged 

SOUTH  ATLAN 
Delaware 
All  farms 

3,353 
-3,  453 
-4,  738 

215 

288 
74 

23.9 
-19.7 
-21.3 

23.4 
45.8 
13.3 

104,980,000 

.'.S.S14.000 
56, 435, 000 
81,298,000 

3, 178, 000 

1,831,000 

650, 000 

691,000 

6,034 
4,187 
3,225 
3,791 

2,807 
1,997 
1,033 
1,065 

18.95 
14.  94 
9.55 
14.54 

22.42 
18.93 
11.82 
11.29 

23.4 

23.7 
28.1 
48.8 

12.3 

16.0 
15.8 
24.0 

144 
221 
94 

23.6 
56.7 
31.8 

118.  59 
78,33 
41.81 

160.98 
117.17 
70.52 
52.87 

184.24 
130.  49 
96.78 
66.63 

154.02 
123.  71 
105.  90 
65.69 

215. 20 
138.61 
S8.21 
67.56 

119.36 
85.79 
58.  52 
45.99 

109.  45 
81.84 
54.50 
43.29 

139. 87 
96,  67 
66.61 
49.80 

69.15 
59.65 
41.58 
32.68 

60.30 
58.54 
41.73 
31.41 

102.  25 
62.93 
41.08 
35.52 

Mortgaged 

71 

67 

-20 

23.2 
2S.0 

-7.7 

3, 178,  000 

1,831.000 

650,  000 

591,  000 

13, 835, 000 
6,  761,  000 
3, 656, 000 
2, 649,  000 

8,430 
6,984 

2,720 
2,282 

3,185 
1,996 
1,426 
1,539 

46.04 
45.10 
26.10 
23.48 

27.75 
19.55 
15.96 
19.27 

28.6 
38.5 
37.0 

Maryland 
All  farms 

957 
821 

844 

28.3 
32.0 
49.0 

15.1 
15.0 
16.5 
28.9 

Free  from  debt 

308 
537 
641 

15.3 
30.4 
76.9 

Mortgaged 

649 
284 
203 

47.2 
26.0 
22.9 

13,  S35, 000 
6,  761, 000 
3, 656,  000 
2, 649, 000 

29,  408,  000 
10,  779,  000 
6,  794, 000 
7, 37S.  000 

6,835 
4,917 
3,351 
2,983 

1,533 
665 
556 
560 

56.17 
42.93 
31.22 
33.77 

13.63 
6.81 
6.52 
7.80 

26.1 
31.0 
35.4 
50.0 

11.4 

7.9 
11.1 

17.0 

Virginia 
All  farms 

2,976 
3,990 
-945 

18.4 
32.7 
-7.2 

Free  from  debt 

642 

3,340 

326 

5.0 
35.4 
3.6 

Mortgaged 

2,334 

650 
-1,271 

68.2 

23.4 

-31.4 

29, 408, 000 
10. 779, 000 
6,  794, 000 
7, 378, 000 

4,  760, 000 
2, 146, 000 
1,231,000 
1,  580,  000 

5,109 
3.150 
2,451 
1,825 

801 
406 
280 
330 

41.82 
25.56 
19.85 
18.80 

6.90 
3.80 
2.96 

4.19 

29.9 
26.4 
29,8 
37.7 

10.0 
6.4 
7.1 

West  Virginia 
All  farms _._ 

663 

882 

-385 

12.6 
20.1 
-8.0 

Free  from  debt _ 

365 
692 
-78 

8.4 
19.0 
-2.1 

Mortgaged 

298 

190 

-307 

31.4 

25.0 

-28.8 

4,  760,  000 
2, 146,  000 
1,231,000 
1,580,000 

3,814 
2,259 
1,620 
1,481 

32.72 
15.02 
12.77 
13.50 

32.0 

23.9 
31.1 
38.0 

1  The  data  for  the  rented  portion  of  part-owner  farms  included  in  Table  4. 


36 


FARM-MORTGAGE  DEBT 


Table  3. — Number,  Acreage,  and  Value  of  Owned  Portion  of  Farms  Operated  by  Part  Owners,1  by  Mortgage  Status, 

by  Divisions  and  States:  1940-56 — Continued 

(For  1956  and  1950,  no  data  are  Included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  included  with  Maryland] 


Area  and  mortage  status 


Per- 
cent 
distri- 
bution 


Increase  or 

decrease  (— ) 

from  preceding 

Census 


Land  in  farms 


Per- 
cent 
distri- 

oni  ion 


Value  of  land  and  building 


Per- 
cent 
distri- 
bution 


Amount  of  mortgage  debt 


SOUTH  ATLANTIC— Con. 

North  Carolina 

All  farms 1956- 

1950. 
1945. 
1940- 


Free  from  (iebt- 


-1956- 
1950. 
1945. 
1940. 


.1956-- 
1950 
1945.. 
1940. 


South  Carolina 

ill  farms 1956. 

1950. 
1945 
1940. 

Free  from  debt 1956 

1950 
1945 
1940 

Mortgaged... 1956. 

1950. 
1945. 
1940 


Ul  farms 1956. 

1950. 
1945. 
1940. 

Free  from  debt- 1956-. 

1950- 

1945- 


Mortgaged.- .. 1956. 

1950.. 
1945- . 
1040- . 


All  farms 1956.. 

1950- 
1945- 
1940- 

Free  from  debt 1956- 

1950- 
1945- 
1940. - 


Mortgaged 1956- 

1950- 
1945- 
1940- - 

EAST  SOUTH  CENTRAL 

Kentucky 

All  farms 1956- 

1950.. 
1045.. 
1940-- 

Freefrom  debt -1956- 

1950- 
1945- 
1940- 

Mortgaged 1956- 

1950- 
1945- 
1940- 


41,  42!) 
35,  122 
19,  835 
21,  784 

26, 286 
26,  507 
15,751 
14, 136 


15,  163 
8,855 
4,084 
7,648 


17,  337 
10  425 
7,486 
9,224 

11,  033 

12,  364 
5,566 
5,891 

5,704 
4,131 
1,920 
3,333 


19,  255 
16,  619 
7,217 
9,078 


'.I,  223 
5,  952 
2,131 
3,843 


inn.  n 
100.0 
100.0 
100.0 

63.4 
75.0 
79.4 


25.0 
20.6 
35.1 


Kin.  0 
100.0 
100.0 
10(1.0 


75.0 
74.4 
63.9 

32.9 
25.0 
25.6 


100,  0 
Kill.  0 
100.0 
100.0 

52.1 

64.2 
70.5 
57.7 


100.  0 
100.0 
loo.o 
100.0 

57.2 
70.7 
77.4 
62.2 

42.8 
29.3 
22.6 
37.8 


1110.  (I 
100.  (I 
100.0 
Kill.  0 


32.1 
26.2 
26.8 
32.3 


0,308 
4,771 

-;t,  f,c,t 


1,573 
2,211 
-1,413 


2.  030 
0,  402 
-1,861 


-635 

5,581 
-149 


3,  271 
3,  821 
-1,712 


3,  030 
11,  101 
-4,  577 


2,485 

2,828 

-2,269 


17.0 
78.6 
-8.9 


38.1 
115.2 
-42.4 


15.9 
130.3 
-20.5 


55.0 
179.3 
-44.5 


11.7 
72.8 
-16.0 


37.3 
73.6 
-37.1 


2.  113.  28! 
1,920,200 
1,  038. 425 
1,060,089 

1,495,290 

1,359,800 

708,  425 

603,  754 


947.094 
500.  1(10 
330,11011 
450.  335 


1,031,882 

1,438.000 

562,  198 

661,  854 

1, 013,  627 
977,  900 
334,  498 
302,  285 

621,  255 
460, 100 
227,  700 
359,  569 


1,  522,  109 

1,378,100 

507,  788 

422, 151 

1,  689,  091 
923,  300 
377,  700 
534,  060 


2.987,771 

2.  507,  400 

1,  090.  790 

468,  393 

2. 133,  268 

1,  490.  700 

1.218.990 

242,  242 

854,  503 

1,016,700 

471,  800 

226, 151 


1.450.185 

1,2119,900 

.599,  455 

649.  339 

851,  556 
556,  700 
381,  700 
455, 134 


100. 0 
100.0 
100.0 
100.0 


1110.0 
100.0 
100.0 


38.0 
32.0 
40.5 
54.3 


100.0 
100.0 
100.0 

10' 1.0 


52.6 
40.1 
42.7 
55.9 


Kill.  0 
100.0 
100.0 
100.0 

71.4 
59.4 
72.1 
51.7 

28.6 
40.6 
27.9 


100.  0 
100.0 
100.  0 
100.0 

63.1 
68.5 
61.1 


36.9 
31.5 
38.9 

11   2 


51.2 
45.0 
42.7 


87.2 
75.1 
71.8 

87.1 
79.1 
00.1 
51.3 


100.  8 
138.5 
122.7 
105.  3 

151.7 

129.2 
99.8 


183.  1 
155.1 
177.2 
139.0 


290.3 
563.  9 
586. 1 
140.  9 


64.3 
57.2 
50.7 


370,  727,  000 
185,  453. 000 
57,  923,  676 
43,187,074 

193, 149,  000 
128,113,000 
38,  987,  676 
23,  539, 681 


177,  578,  000 
57, 340, 000 
18,941.000 
19,647,393 


155,  571,  000 
96,  776,  000 
23,  336,  444 
22,  514,  955 

100,  499,  000 
64,  972,  000 
14,  477,  4-14 
10, 084,  706 

55,  072,  000 
31,  804,  000 
8,  859,  000 
12.  430,  259 


211,732,000 
100,  781,  000 
26,  969,  766 
21,  951,  703 

100,  573,  000 
59,  925,  000 
14,  683,  766 
9, 118,  449 

111,159,000 
40, 856,  000 

12,  LNi;,  mi: i 
12,  833,  254 


275.  023,  000 
86,  35S,  000 
28,  738,  582 
16,  522, 022 

165,  564,  000 
50,  302,  000 
18,  746,  582 
6,811,484 


229,  588,  000 
141,650,000 
47,635,118 
39,  562.  755 


93.951,000 
27,  111,  118 
21,  296,  549 

89,  769,  000 
47,  696,  000 
20,  524, 000 
18,  266,  206 


100.0 
100.0 
100.0 
100.0 


47.9 
30.9 
32.7 
45.5 


100.0 
100.0 
100.  0 
100.  0 


35.4 
32.9 
38.0 


100.  0 
100.  0 
100.0 
100.  0 


52.5 
40.5 
45.6 
58.5 


ton  o 
100.0 
100.0 
100.  0 


58.2 
65. 2 
41.2 


41.8 
34.8 
58.8 


ion.  (i 
100.  o 
100. 0 

100.0 


8,918 
5,236 
2.  021 
1,983 

7, 354 

4,  822 
2,  475 
1,665 


11,711 

6,475 
4,  63S 


8,  973 
5.  807 
3,117 
2,441 


5,  2.5.5 
2,  001 
1,  712 


19,  1125 
5,618 
2,887 
1,742 

12,  052 

li.  804 
5,765 
3.  339 


39.9811 
14,019 
8,061 


12,075 
11,  545 
6,  792 
2,582 

37,  180 

19.998 
12,412 
0.  050 


N.  1149 
5.  551. 
3,321 
2.092 

7,219 

4,  992 
2,585 
1,004 


151.73 
96,  58 
55.  79 


1ST.  32 
1112.32 
57.40 
48. 1)5 


99.15 
00.  4-1 
43.  28 
33.36 

38.65 

09.  12 
38  91 
34.57 


05.  94 
43.  79 
30.  46 
22.86 

86.07 
43,  18 
28.92 
21.60 

65.81 

4-1.  2.5 
32.  53 
24.113 


92.  0.5 

34.  44 
17.00 

35.  27 


128.  10 
35.  46 
21.18 
42.  94 


09.  19 
80.  IS 
48.  .5,5 
3.5  82 


77.65 
45. 23 
32.80 

105.  42 
85.68 
53.77 
40.13 


40,  843,  000 
15, 202, 000 
6,061,000 
7,  458, 000 


40, 843,  000 
15, 292,  000 
6,081,000 
7,  458,  000 


16,  577,  000 
7,  895,  000 
2,  782,  000 
4,  366,  000 


2,694 
1,727 
1,484 


-13,  08 
27.  20 
18.37 
16.34 


16,  577,  000 
7,  895,  000 
2,  782,  000 
4,  366,  000 


33,  348,  000 
11,  652,  000 

3,  649,  000 

4,  955,  000 


2,906 
1,911 

1,449 
1,310 


17.16 
12.22 
12.14 


10.38 
5.06 
4.12 
5.18 


33, 348,  000 
11,652,000 

3,  649, 000 

4.  955,  000 


23.  424,  000 
7,  831,  000 

2,  698,  000 

3.  085,  000 


:>,,  ok; 

1,  0,58 
1,712 

1,280 


19.74 
12.62 
9.66 
9.28 


23.  424. 000 
7.  831,  000 

2,  698.  000 

3,  (185,  000 


29,  444,  000 
15,572,000 

6,  445,  000 

7,  825. 000 


7,957 
4,343 

3.352 
1,922 


27.41 
7.70 
5.72 

13.01 


1 2.  70 
8.81 
6.57 
6.00 


29,  444,  000 
15,  572,  000 

6,  445,  000 

7,  625, 000 


3,  216 
2,  33-1 
1,677 
1.248 


34.58 
27.97 
16.88 
16.75 


'The  data  for  the  rented  portion  of  part-owner  farms  included  in  Table  4. 


FARM-MORTGAGE  DEBT 


SI 


Table  3. — Number,  Acreage,  and  Value  of  Owned  Portion  of  Farms  Operated  by  Part  Owners,'  by  Mortgage  Status, 

by  Divisions  and  States:  1940-56 — Continued 

[For  lf!5(i  and  1950,  no  data  are  included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  included  with  Maryland] 


Area  and  mortgage  status 


Free  from  ilrl  1 


i960 

1950 
1945 
1940.. 

1956. 
1950-. 

1945  . 
1940.. 


Mortgaged 1956. 

1950.. 
1945. . 
1940. 


Ill  farms 1950.. 

1950. 
1945.. 
1940.. 

Free  from  debt 1956.. 

1950.  . 
1945. . 
1940- . 

Mortgaged .1956- 

1950. . 
1945.. 
1940.. 


1950. 
1945- 
1940. 

Free  from  debt 1956- 

1950- . 
1945. _ 
1940. 

Mortgaged 1956-- 

1950. . 
1945. 
1940. 

WEST  SOUTH  CENTRAL 


3d,  5:10 

28,  851 
17,615 

18,  852 

19,  578 
21.  134 
13,  043 
11,  900 

11,012 
7,717 
4,572 
6,952 


27.  427 
25,  716 
13,218 
14,  804 

16,  533 

17,  463 
8.  723 


II).  S83 
8,253 
4,495 
6,  932 


22,  sno 
17,  676 
6,925 
8,569 

13,  871 
12, 162 
4,597 


100.0 
100.0 
100.0 
100.0 

64.0 
73.2 
74.0 


100.0 
100.0 
100.0 
100.0 


39.7 
32.1 
34.0 
46.8 


100.0 
100.0 
100.0 
100.0 


39.4 
31.2 
33.6 


Increase  or 
decrease  (-) 

lleni    |,n    'i  ,!ln;, 

Census 


1,  739 

11,  236 
-1,237 


3,295 

3,145 

-2,  380 


1,711 
12,  498 
-1,686 


3,505 
3,  180 
-1,  757 


42.7 

68.8 

-34.2 


31.9 
83.  6 

-35.  2 


63.6 
136.9 
-43.0 


Laud  in  farms 


cent 
distri- 
bution 


2,  4ND,  533 

1,899,! 

1,  209,  743 
1, 185,  989 

1,  603,  259 

1,  328,  700 

781,  643 

646,  254 

886,  274 
571,  200 
428,  100 
539.  735 


3.  320.  223 
2.515,509 
1,  225,  033 

1,  215,  654 

2,  031.  976 
i,  567  50'; 

633,  2J3 
515,  806 

1,  288,  247 
978,  000 
591,  800 


2,  874,  240 

1,  905,  300 

71S,  040 

773,  646 

1,  442,  86S 

1,  189,  990 

414,  040 

312,  523 

1,  431.  372 
71.5.  400 
394,  000 
461,  123 


Kill  il 
100.0 
100.0 
100.0 


100.0 
100.0 
100.0 
100.0 

61.2 
61.6 
51.7 
42.4 


100.  (I 
100.0 
100.0 
100.0 


Value  of  land  and  buildings 


81.4 
65.9 
68.7 
62.9 


121.1 
99.0 
92.7 
82.1 


118.3 
118.5 
131.7 
101.0 


125.  0 
107.8 
103.7 
90.3 


158.7 
129.7 
130.6 
112.9 


241,  584,  090 
149,116,000 
58,  831,  699 
41,251,419 

141,  327,  000 
100,  633.  000 
36,  529,  699 
20,  976,  301 

100,  257,  000 
48,  483,  000 
22,  302,  000 
20,275,118 


214,  107,  000 
125,  532,  000 
39,  9S6,  429 
28, 128,  665 

119,258,000 
73,  977,  000 

19,  060,  429 
11,328,282 

94,  849,  000 

51,  555,  0110 

20,  926,  000 
lli.  8110.  383 


253,  075,  000 
108,  799,  000 
24.  230,  639 
19,  619,  101 

104,  267,  000 
63,  790,  000 
12,  612,  639 
6,  804, 150 

148,  808,  000 
45.  009,  000 

11.  018,  000 

12,  S14,  951 


100.  0 
100.  0 
100.0 
100.0 

58.5 
67.5 
62.1 


41.5 
32.5 
37.9 
49.2 


100.0 
100.0 
100.0 
100.0 

55.7 
58.9 
47.7 
40.3 

44.3 
41.1 
52.3 
59.7 


41.2 
58.6 
52.1 
34.7 


7,  897 
5,  168 
3,  340 


7,  806 
4,S 

3,  025 
1,900 

7,211 

4,  236 
2,185 
1,439 

8,711 

6.  247 
4,655 
2,424 


100.0  11,056 

100.  0  6, 155 

100.  0  3,  499 

100.  0  2,  290 


7,517 
5,245 
2,744 
1,517 

16,  499 
8,163 
4.991 
3, 137 


Amount  .,i  '  mii  !.■:■ I.I 


47.19 
30.10 
21.96 

73.  63 
52.71 
35.  36 
24.  01 


88.  05 
57.10 
33.  75 
25.36 


103.  96 
62.91 
38.22 
27.79 


33,  084,  000 
14,167,000 

11,1131-,,  111    i 
8,  007,  000 


33,084,000 

14,  167,  000 
6,  936,  000 

8.007,000 


30,  636, 000 
14,  935.  000 
6.  889,  000 
6.  900,  000 


47, 023,  000 
12,  313,  000 

4,  020, 000 

5,  959,  000 


47,  023,  000 
12,313,000 

4,  020,  C 

5,  959,  000 


3,  004 
1,  830 
1,517 
1,152 


2,813 
1,810 
1,555 
1,004 


5.214 
2,233 
1.727 
1,459 


7.46 
5.  73 
6.75 


37.  33 
24.80 
16.20 
14.  84 


23.78 
15.27 
11.81 
9.95 


16.36 
6.46 
5.60 
7.70 


17.21 
13.22 
12.92 


Free  from  debt. 


.1956- 
1950. - 
1945- . 
1940. 

.1956- 
1950- - 
1945.. 
1940. 

-1956-. 
1950. 
1945. . 
1940- . 


11.  266 
14,  148 
6,  074 
9,  078 


100.0 
100.0 
100.0 
100.0 


39.0 
28.0 
29.6 
38.6 


-2,882 
7,174 
-2,  104 


1,  894 

2,  562 
-2,  786 


34.5 

87.4 

-48.7 


2.  570.  935 
2,  092,  700 
1,  016, ! 
1,  266,  601 

1,  321,  461 

1,394,200 

615,  238 

645,  011 

1,  249,  474 
698,  500 
401,  700 
621,  590 


100.0 
100.0 
100.0 
100.0 

51.4 
66.6 
60.5 
50.9 


137.8 
108.6 
102.7 
85.6 


169.2 
127.2 
137.  i 


202,  842,  000 
119,089,000 
37,  721,  619 
30,  904,  057 

89,  453.  900 
71,807,000 
21,  252.  619 
13,  152,  584 

113,389,000 
47,  282,  000 

16,  469,  000 

17,  751,  473 


100.0 
100.0 
100.0 
100.0 

44.1 
60.3 
56.3 
42.6 

55.9 
39.7 
43.7 


10,  875 
6,064 
3, 809 


7,940 
5,  075 
3,047 
1,449 

15,  352 
8,609 
5.621 
3,106 


78.90 
56.  91 
37.09 
24.40 

67.69 
51.50 
34.  54 


31,  749,  000 
12,586,000 
5,  287,  000 
7,  062,  000 


31,749,000 

12.  586,  000 
5,  287,  000 
7,  062,  000 


4,  299 
2,292 
1,  804 
1,235 


25.41 
IS.  02 
13.16 
11.36 


Free  from  debt 


. 1956. . 
I960.. 
1945.. 
1940.. 

.1956.. 

11)50 
1945 


Mortgaged 1956-. 

1950.. 
1945- - 
1940. . 


12,828 
11,  584 
6,433 
7,376 


5,003 
3,  146 
1,758 
2,  90S  I 


100.0 
100.0 
100.0 
100.0 


1,244 
5,151 
-943 


1,  410,  050 

1,  059,  600 

559,  651 

544,  024 

850,  260 
80.5  7011,600 

272,  951 
235.  154 


1,  857  59,  0 

1,388         79.0 
-1,150      -39.5 


308,  870 
The  data  for  the  rented  portion  of  part-owner  farms  included  in  Table  4. 


100.0 
100.0 
100.0 
100.0 


91.5 
87.0 
73.8 


111.0 
114.1 
163.1 
106.2 


208,  056,  000 
98,  594,  000 
33,017,1 
22,941,097 

106,317,000 
65,  131,  000 
10.  230,  695 
9,  002,  481 

101,  739.  000 
33,  463,  000 
17.  387,  000 
13,  338,  616 


100.0 
100.0 
100.0 
100.0 

51.1 
68.1 
48.3 
41.9 


16,  219 
8,511 
5,226 
3,110 

13,  587 
7.719 
3,472 
2,149 

20,  336 
10,  637 
9,890 
4,587 


147.  55 
93.05 
60.07 
42.17 

125. 04 
92.96 

59.  46 
40.83 

181.74 
93.21 

60.  65 
43.19 


23,  400,  000 
8,  344,  000 
5,  720,  000 
5,  809,  000 


23.  400, 000 
8.  344,  000 
5,  720, 000 
5,  809,  000 


4,677 
2,652 
3,254 
1,998 


16.  60 
7.87 
10.22 
10.  68 


41.80  23.0 
23.24  24.9 
19.95  32.9 

18.81  I  43.6 


38 


FARM-MORTGAGE  DEBT 


Table  3. — Number,  Acreage,  and  Value  of  Owned  Portion  of  Farms  Operated  by  Part  Owners,1  by  Mortgage  Status, 

by  Divisions  and  States:  1940-56 — Continued 


[Fc 

r  1956  and  1950,  no 

data  are  included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are 

included  with  Maryland] 

tatus 

Farms 

Land  in  farms 

Value  of  land  and  buildings 

Amount  of  mort? 

age  debt 

Area  and  mortgage  s 

Number 

Per- 
cent 
distri- 
bution 

Increase  or 

decrease  (— ) 

from  preceding 

Census 

Acres 

Per- 
cent 
distri- 
bution 

Aver- 
age 
per 
farm 

(acres) 

Dollars 

Per- 
cent 
distri- 
bution 

Average  value 
(dollars) 

Dollars 

Average  debt 
(dollars) 

Ea- 

Per 
farm 

Per 
acre 

Per 
farm 

Per 
acre 

to 

Number 

Per- 
cent 

(per- 
cent) 

WEST  SOUTH  C 
TRAL— Continu 

Oklahoma 

All  farms 

EN- 
d 

1956.. 
1950- 
1945  . 
1940- . 

1956- 
1950- 

1945-  - 
1940- - 

1956 . . 
1950 -- 
1945- - 
1940- - 

1956- 
1950- 
1945- 
1940- 

1956 .- 
1950-. 
1945-- 
1940- 

1956- 
1950- 
1045- 
1940- 

1956- 
1950- 
1945- 
1940- 

.1956- 

1950. . 
1945.. 
1940- 

1950-  - 
1950- . 
1945- . 
1940- 

1956- 
1950- 

1945- 
1940- 

1956- . 
1950- 
1945.. 
1940. . 

1956.. 
1950- 
1945- 
1940- 

1956- 
1950- 
1945- 
1940- 

1956- 
1950- 
1945.- 
1940.. 

1956- 
1950- 
1945.. 
1940.. 

31, 418 
33, 315 
27,  652 
25, 227 

17,  845 
20,869 
15, 115 
10,230 

13,  573 
12,446 
12,  537 
14,997 

63, 184 
63,  233 
39,  613 
43,  523 

38,  226 
41,  953 
27,  361 
22,  974 

24,  958 
21,  280 

12,  252 
20,  549 

13,  425 

13,  573 

14,  530 
12,  856 

7,921 
9,193 
9,710 
5,380 

5,504 
4,380 
4,820 
7.476 

7,711 
6,890 
6,785 
6,176 

3,254 
3,938 
3,346 
1,986 

4,  457 
2,  952 
3,439 
4,189 

4,128 
4,249 
4,406 
4,311 

1,783 
2,217 
1,851 
1,335 

2,345 

2,032 
2,555 
2,976 

100.0 
100.0 
100.0 
100.0 

56.8 
62.6 
54.7 
40.6 

43.2 
37.4 
45.3 
59.4 

100.0 
100.0 
100.0 
100.0 

60.5 
66.4 
69.1 
52.8 

39.5 
33.6 
30.9 
47.2 

100.0 
100.0 
100.0 
100.0 

59.0 
67.7 
66.8 
41.8 

41.0 
32.3 
33.2 
58.2 

100.0 
100.0 
100.0 
100.0 

42.2 
57.2 
49.3 
32.2 

57.8 
42.8 
50.7 
67.8 

100.0 
100.0 
100.0 
100.0 

43.2 
52.2 
42.0 
31.0 

56.8 
47.8 
58.0 
69.0 

-1, 897 

5,663 
2,425 

-5.7 
20.5 
9.6 

9,  562,  857 
8,  547,  200 

6,  90S,  719 
5,  511,  656 

5,  517,  768 
5, 190,  700 
3,  302,  819 

1,  700,  494 

4, 045,  089 
3,  356.  500 

3,  605,  900 
3, 811, 162 

23,  015. 120 
26, 078,  000 
18,  514.  363 
17,  503,  860 

17,  496, 117 

14,  790.  900 
10, 134,  563 

5,  927,  451 

11,  519,  003 
11,  287,  100 
8,  379,  800 

11,  576,  409 

25.  509,  662 
23,  353,  300 
21, 307,  341 

12,  449,  296 

13,  851,  746 

15,  400, 100 

13,  282,  441 

4,  858, 113 

11.  657,  916 

7,  953,  200 
8, 024,  900 

7,  591,  183 

3,  906,  213 
3, 309,  900 
3, 049, 153 
2, 083,  845 

1, 769,  514 

2,  016,  S00 
1,  540,  653 

595,  691 

2, 136,  699 
1, 293. 100 
1,  508,  500 

1,  48S,  154 

14,  340.  790 
12, 223,  400 
11,  467,  280 

8,  795,  055 

0, 470, 402 
6, 187, 900 

5,  083,  680 

2,  357, 153 

7,  876,  388 
6, 035,  500 

6,  383, 600 

6,  437.  902 

100.0 
100.0 
100.0 
100.0 

57.7 
60.7 
47.8 
30.9 

42.3 
39.3 
52.2 
69.1 

100.0 
100.0 
100.0 
100.0 

60.3 
56.7 
54.7 
33.9 

39.7 
43.3 
45.3 

00.  1 

100.0 
100.0 
100.0 
100.0 

54.3 
65.9 
62.3 
39.0 

45.7 
34.1 

37.7 
61.0 

100.0 
100.0 
100.0 
100.0 

45.3 
60.9 
50.5 
28.6 

54.7 
39.1 
49.5 
71.4 

100.0 
100.0 
100.0 
100.0 

45.1 
50.6 
44.3 
26.  S 

54.9 
49.4 
55.7 
73.2 

304.4 
256.6 
249.8 
218.5 

309.2 
248.7 
218.5 
166.2 

298.0 
269.7 
287.6 
254.1 

459.2 
412.4 
467.4 
402.2 

457.7 
352.6 
370.4 
258.0 

461.5 
530.4 
684.  0 
563.4 

1,  900.  2 

1,  720.  6 

1,  466.  4 

968.4 

1,  748.  7 

1,  675.  2 

1.  367.  9 

903.0 

2, 118. 1 
1,  S15.S 

1,  664.  9 
1,015.4 

506.6 
480.4 
449.4 
337.5 

543.8 
512.1 
460.4 
299.9 

479.4 
43S.0 
438.6 
355.3 

3.  475.  5 

2.  876.  8 

2.  602.  7 
2, 040. 1 

3,  628.  9 
2,  791. 1 
■2,  746.  5 
1, 765.  7 

3, 358.  S 
2.  970.  2 
2,  498.  5 
2.  163.  3 

618, 299, 000 
401, 115,  000 
207,  320,  445 
130,  691, 131 

322, 134, 000 
239,  473,  000 
106;  607,  445 
39,  730,  911 

296, 165. 000 
161,  042,  000 
100,  713,  000 
90, 960,  220 

1,  996,  580, 000 

1, 148,  435, 000 

438,  877,  682 

300,  337,  941 

1.154,023,000 
648,  557.  000 
264,  576.  682 
100,  482,  822 

842,  557,  000 
498,  878,  000 
174,  301,  000 

193,  855,  119 

640,  735,  000 
348,  515,  000 
185,  200,  385 
96,  543,  545 

366,  500,  000 
230,  761,  000 
113,  217,  385 
32,  303,  856 

274,  235,  000 
117,  754,  000 
71,  983,  000 
64.  239,  689 

306,  589,  000 
165,  311,  000 
85.  723, 304 
49,  588,  828 

112,518,000 

93, 183.  000 
40, 075,  304 
11,  550,  869 

194,  071,  000 
72. 12S.  000 
45,  648,  000 
38. 037,  959 

228, 049,  000 
161,  512,  000 
82,  673,  294 
45,  932, 141 

87,571,000 
78,  555,  000 
35, 753,  294 
11,341,428 

140,478,000 
82, 957, 000 
46, 920, 000 
34,  590,  713 

100.0 
100.0 
100.0 
100.0 

52.1 
59.7 
51.4 
30.4 

47.9 
40.3 
48.6 
69.6 

100.0 
100.0 
100.0 
100.0 

57.8 
56.5 
60.3 
35.5 

42.2 
43.5 
39.7 
64.5 

100.0 
100.0 
100.0 
100.0 

57.2 
66.2 
61.1 
33.5 

42.8 
33.8 
38.9 
66.5 

100.0 
100.0 
100.0 
100.0 

36.7 
56.4 
46.7 
23.3 

63.3 
43.6 
53.3 

76.7 

100.0 
100.0 
100.0 
100.0 

38.4 
48.6 
43.2 

24.7 

61.6 
51.4 
56.8 
75.3 

19, 680 
12,  040 
7,497 
5,181 

18,  052 

11,  475 
7,053 
3,884 

21,  820 

12,  987 
8,033 
6,065 

31,  599 
18,  102 

11,  079 
6,901 

30, 189 
15,  459 
9,670 
4,635 

33,  759 
23,  491 
14,  220 

9,434 

47,  727 

25,  677 

12,  746 
7,510 

46,  269 
25, 102 
11,  060 
6,004 

49, 825 

26,  884 
14.  934 

8.593 

39,  760 
23, 993 
12,634 

8,031 

34,  578 

23,  063 
11,977 

5,816 

43,543 

24,  434 

13,  274 
9,080 

55,244 
38, 012 
18,764 

10,  655 

49, 114 

35,  433 
19, 316 

8,495 

59,905 

40,  S25 
18, 364 

11,  623 

64.66 
46.93 
30.01 
23.71 

58.38 
46.14 
32.28 
23.36 

73.22 
48.16 
27.93 
23.87 

68.81 
44.04 
23.70 
17.16 

65  Qfl 
43.85 
26.11 
17.96 

73.14 
44.29 
20.80 
16.75 

25.12 
14.92 
8.69 
7.75 

26.46 
14.98 
8.52 
6.65 

23.52 
14. 81 
8.97 
8.46 

78.49 
49.94 
28.11 
23.80 

63.59 
40.20 
26.01 
19.39 

90.83 
55.78 
30.26 
25.56 

15.90 
13.21 
7.21 
5.22 

13.53 
12.69 
7.03 
4.81 

17.84 
13.74 
7.35 
5.37 

S3,  815,  000 
39, 196,  000 
30,  012,  000 
37,  827,  000 

2,668 
1,177 
1,085 
1,499 

8.76 
4.59 
4.34 
6.86 

13.6 
9.8 
14.5 

-3,024 
5,754 
4,885 

-14.5 
38.1 
47.8 

Mortgaged 

1, 127 

-91 

-2,  460 

9.1 

-.7 

-16.4 

S3,  815,  000 
39, 196,  000 
30,  012, 000 
37,  827,  000 

171,  882,  000 
103,  711,  000 
46,  S87, 000 
74,  518, 000 

6,175 
3,149 
2,394 
2,522 

2,720 
1,040 
1,184 
1,712 

20.72 
11.  08 
8.32 
9.93 

5.92 
3.98 
2.53 
4.26 

28.3 
24.2 
29.8 

Texas 
All  farms 

-49 
23,  620 
-3,  910 

-0.1 
59.6 
-9.0 

8.0 
9.0 
10.7 

Free  from  debt 

-3,  727 
14.  592 
4,387 

-8.9 
53.3 
19.1 

Mortgaged 

MOUNTAIN 
Montana 
All  farms 

3,678 

9,028 

-8,  297 

-148 
-957 
1,674 

17.3 

73.7 

-40.4 

-1.1 
-6.6 
13.0 

171,  882,  000 
103,711,000 
46,  887,  000 
74,  518, 000 

63,  622,  000 
27,  599,  000 
18,  716,  000 
25, 375,  000 

6,887 
4,874 
3,827 
3,626 

4,739 
2,033 
1,  28S 
1,974 

14.92 
9.19 
5.60 
6.44 

2.49 
1.18 
0.88 
2.04 

20.4 
20.7 
26.9 
38.4 

9.9 

7.9 
10.1 

-1,  272 
-517 
4,330 

-13.8 
-5.3 
80.5 

Mortgaged 

1,124 

-440 

-2,  656 

25.7 
-9.1 
-35.5 

63,  622.  000 
27,  599, 000 
18,  710,  000 
25,  375, 000 

47,  936,  000 
16,  953, 000 
11,  640,  000 
16,122,000 

11,  559 
0,301 
3,883 
3.394 

6,217 
2,461 
1,716 
2,611 

5.46 
3.47 
2.33 
3.34 

12.27 
5.12 
3.82 
7.74 

23.2 
23.4 
26.0 

Idaho 
All  farms 

821 
105 
610 

11.9 
1.5 
9.9 

15.6 
10.3 
13.0 
32.5 

-684 

592 

1,360 

-17.4 
17.7 
68.5 

Mortgaged 

Wyoming 
All  farms - 

1,505 
-487 
-750 

-121 

-157 

95 

51.0 
-14.2 
-17.9 

-2.8 

-3.6 

2.2 

47,  930, 000 
16, 953,  000 
11,640,000 
16, 122, 000 

37, 929, 000 
17,  606,  000 
11,  777,  000 
13,  383, 000 

10,  755 
5,743 
3,385 
3,849 

9,188 
4,144 
2.673 
3,104 

22.43 
13.11 
7.72 
10.83 

2.64 
1.44 
1.03 
1.52 

24.7 
23.5 
25.5 
42.4 

16.0 
10.9 
14.2 
29.1 

-434 
366 
516 

-19.6 
19.8 
38.7 

Mortgaged — 

313 
-523 
-421 

15.4 
-20.5 
-14.1 

37, 929,  000 
17,  606, 000 
11,  777, 000 
13, 383, 000 

16, 174 
8,664 
4,609 
4,497 

4.82 
2.92 
1.84 
2.08 

27.0 
21.2 
25.1 
38.7 

1  The  data  for  the  rented  portion  of  part-owner  farms  included  in  Table  4. 


FARM-MORTGAGE  DEBT 


39 


Table  3. — Number,  Acreage,  and  Value  of  Owned  Portion  of  Farms  Operated  by  Part  Owners,1  by  Mortgage  Status, 

by  Divisions  and  States:  1940-56 — Continued 

[For  1956  and  1950,  no  data  are  included  for  the  District  of  Columbia;  for  1915  and  1940,  District  of  Columbia  data  are  included  with  Maryland] 


status 

Farms 

Land  in  farms 

Value  of  land  and  buildings 

Amount  of  mortgage  debt 

Area  and  mortgage 

Number 

Per- 
cent 
distri- 
bution 

Increase  or 

decrease  (— ) 

from  preceding 

Census 

Acres 

Per- 
cent 
distri- 
bution 

Aver- 
age 
per 

farm 
(acres) 

Dollars 

Per- 
cent 
distri- 
bution 

Average  value 
(dollars) 

Dollars 

Average  debt 
(dollars) 

Ra- 

Per 
farm 

Per 
acre 

Per 

farm 

Per 
acre 

to 

Number 

Per- 
cent 

(per- 
cent) 

MOUNTAIN— Con 
Colorado 
All  farms ... 

tinned 

..1956.. 
1950.. 
1945.. 
1940.. 

..1956.. 

1950.. 
1945.. 
1940.. 

..1950- 
1950. . 
1945.. 
1940.. 

..1956.. 
1950.. 
1945. . 
1940-. 

1950- - 
1945-- 
1940.. 

-.1956-. 
1950-. 
1945.. 
1940.. 

1956.. 
1950-- 
1945-. 
1940.. 

1956.. 
1950.. 
1945.. 
1940 .. 

1956.. 
1950. - 
1915. . 
1940 . - 

-.1956.. 
1950. . 
1945- . 
1940- - 

1956. . 
19,50.. 
1945.. 
1940.. 

..1956.. 
1950. „ 
1945.. 
1940.. 

-1956-. 
1950.. 
1945- . 
1940-. 

.J95(i.. 
1950.. 
1945.. 
1940.. 

1956.- 
1950-. 
1945.. 
1940- - 

10,  457 
11,255 
10.  809 
9,442 

5,051 
0,511 
5,758 
3,283 

5,400 
4,744 
5,051 
0,159 

5,656 
5,731 
7,088 
5,866 

3,179 
3.4S3 
5,037 
3.  252 

2,477 
2.248 
2,051 
2,614 

2,252 
2,115 
1,867 
1,946 

1.049 

1.268 

1,132 

943 

1,203 

847 

735 

1,003 

5,879 
5,371 
5,440 
4,596 

2,875 
3. 265 
3, 201 
1,831 

3,004 
2,106 
2,  239 
2,765 

425 
359 
337 
312 

246 

227 
229 
166 

179 
132 
108 
146 

100.0 
100.0 
100.0 
100.0 

4S.3 
57.8 
53.3 
34.8 

51.7 
42.2 
46.7 
65.2 

100.0 
100.0 
100.0 
100.0 

56.2 
60.8 
71.1 
55.4 

43.8 
39.2 
28.9 
44.6 

100.0 
100.0 
100.0 
100.0 

46.6 
60.0 
60.6 
48.5 

53.4 
40.0 
39.4 
51.5 

100.0 
100.0 
100.0 
100.0 

48.9 
60.8 
58.8 
39.8 

51.1 
39.2 
41.2 
60.2 

100.0 
100.0 
100.0 
100.0 

57.8 
63.2 
68.0 
53.2 

42.2 

36.8 
32.0 
46.8 

-798 

446 

1,367 

4  1 

14.5 

13,  547,  523 

12,  229,  200 
11,  215,  659 

7,130,093 

7,  5.7.1,  5!  s 

6,  977,  100 
5,  924,  459 
2,414,070 

5,  988, 005 

5,  252,  100 
5, 291,  200 
4,716.023 

13,  253,  522 
12,069,600 
10,  718,  856 

7,  402,  698 

8,  190,  677 
6,119,900 

6,  839, 056 

3,  302,  601 

5,  062, 815 
5,  949,  700 

3.S73,; 

4,  100,097 

5,  225,  028 
3,  446.  700 

2,  423,  289 

1,  84S,  518 

3,  020, 066 

2,  193,  600 

1,  881,  589 
1,110,562 

2,  204, 902 
1,253,100 

541,  700 
737,  956 

3,  953,  722 
2.  670,  800 
2,  439,  877 
1,487,045 

2.  008,  491 

1,  res.  600 

1.380,077 

480, 141 

1.  945,  231 
1,005,200 
1.059,800 
1,006,904 

1,277,070 
931,  200 
654,  751 
288,  259 

351, 194 

656,  500 
424,151 
105,  280 

925,  876 
274,  700 
230. 600 
182,  979 

100.0 
100.0 
100.0 
100.0 

55.8 
57.0 
52.8 
33.9 

44.2 
43.0 
47.2 
66.1 

100.  0 
100.0 
100.0 
100.0 

61.8 
50.7 
63.8 
44.6 

38.2 
49.3 
36.2 

55.4 

100.0 
100.0 
100.0 
100.0 

57.8 
63.6 
77.6 
60.1 

42.2 
36.4 
22.4 
39.9 

100.0 
100.0 
100.0 
100.0 

50.8 
62.4 
56.6 
32.3 

49.2 
37.6 
43.4 
67.7 

100.0 
100.0 
100.0 
100.0 

45.4 
70.5 
64.8 
36.5 

54.6 
29.5 
35.2 
63.5 

1, 295.  5 
1, 086.  tl 
1,037.6 

755.  1 

1,  496. 6 

1.071.6 

1.028,9 

735.3 

1,107.7 
1, 107.  1 

1,  047.  6 
765.7 

2,  343.  3 
2,  106.  0 
1,512.3 

1,  262.  0 

2,  576.  5 
1,  757.  1 

1,  357.  8 
1,015.6 

2, 043.  9 

2,  646.  7 
1,891.7 

1,  568.  5 

2,  320.  2 
1,629.6 

1,  298.  0 
949.9 

2,  879.  0 
1,730.0 
1.  662.  2 
1, 177.  7 

1,832.9 

1,  479.  5 
737.0 
735.7 

672.5 
497.3 
448.5 
323.6 

698.6 
510.1 
431.1 
262.2 

647.5 
477. 3 
473.  3 
364.2 

3,  004.  9 

-.  593.  9 

1,942.9 

923.9 

1, 427.  6 

2,  892.  1 
1,852.2 

634.2 

5, 172.  5 
2.081.1 
2, 135.  2 
1 ,  253.  3 

425,  276,  000 

200,9X8,00(1 

126,760,633 

60,  364,  532 

209,661,000 
167.  182,  000 
65,171,633 
17,540,225 

215,615,000 
129,806,000 

61,  589,  000 
42,  S24, 307 

320,  235. 000 
199,687,000 

84,  126,  414 
38,  830,  538 

170,365,000 

104,  879,  000 
49,  868.  414 
1 5,  833,  906 

149,870,000 
94,808,000 

34. 258, 000 

22,  996,  572 

205,  666,  000 
95,  264,  000 
36.801,569 

23,  541,  834 

77,  947,  000 
49,  780, 000 
18,  600,  569 
8,  360, 583 

127,  719,  000 
45, 484, 000 
18,201,000 
15,181.251 

175,  043,  000 
101,219,000 
50, 933,  594 

24,  335,  294 

77.  544,  000 
56,  414, 000 
26,  940,  594 
7, 065, 120 

97,  499,  000 

44,  805,  000 
23, 993,  000 
17,  270, 174 

45,  774, 000 
lfi.863,000 

8, 083, 956 

3,  714, 083 

20,415,000 
12,042,000 
5, 063,  956 
1,459,044 

25,  359, 000 

4,  821,  000 
3,  020,  000 
2.255.039 

100.0 

100.  (J 
100.0 

100.0 

49.3 
56.  3 
51.4 
29.1 

50.  7 
43.7 
48.6 
70.9 

100.  0 
100.  0 
100.0 

100.0 

53.  2 
52.  5 
59.3 
40.8 

46.8 
47.5 
40.7 
59.2 

100.0 
100.0 
100.0 
100.0 

37.9 
52.2 
50.5 
35.5 

62.1 
47.8 
49.5 
64.5 

100.0 
100.0 
100.0 
100.0 

44.3 
55.7 
52.9 
29.0 

55.7 
44.3 
47.1 
71.0 

100.0 
100.0 
100.0 
100.0 

44.6 
71.4 
62.6 
39.3 

55.  4 
28.  6 
37.4 
60.7 

40,  069 

26.  387 
11,727 

6,393 

41,509 

25,  677 
11,318 

5,343 

39,884 

27.  302 
12.  193 

6,  953 

56.  619 
31,  843 

11,  809 
6,620 

53,  591 
30,112 
9,900 
4,  809 

60,505 

42.  174 
16,  703 
8,797 

91,  326 

45,  042 
19,  712 

12,  098 

74,  306 
39,  259 

16.  432 
8,866 

106, 167 

53,  700 
24.  763 
15, 136 

29,  774 
18, 845 
9,  363 
5,295 

26,  972 

17,  278 
8.416 
3,859 

32, 456 
21,  275 
10.716 
6,246 

107,  704 

46,  972 
23.  9SS 
11,904 

82.  988 
53,  018 
22,113 
8,789 

141,670 

31',.  523 

27,  963 
15,445 

31.39 

24.29 
11.30 
8.47 

27.73 

23.  96 
11.00 

7.27 

30.  01 

24.  72 
11.61 

9.08 

24.16 
16.54 
7.85 
5.25 

20.80 
17.14 
7.29 
4.79 

29.60 
15.93 

8.83 
5.  61 

39.36 
27.64 
15.  19 
12.74 

25.81 
22.69 
9.89 
7.53 

57.92 
36.30 
33.60 
20.57 

44.27 
37.90 
20.88 
16.36 

38.61 
33.87 
19.52 
14.71 

50.12 
44.57 
22.64 
17.15 

35.84 
18.11 
12.  35 
12.88 

58.13 
18.34 
11.94 
13.86 

27.39 
17.55 
13. 10 
12.32 

54,  982,  000 
31,  577,  «10 
17,245.000 
19, 327,  000 

5,258 
2, 806 
1,595 
2,047 

4.  06 
2.58 

1.  51 
2.71 

12.9 
10.0 
13.8 

Free  from  debt  .... 

-1,460 

753 
2,475 

-22.4 
13.1 
75.4 

Mortgaged 

CI  12 

-307 

-1, 108 

14.0 
-6.1 
-18.0 

54,  982,  000 
31.577.0110 
17,245,000 
19,327,000 

39,  560,  000 
21,  742,  000 
8,  873, 000 
8, 054, 000 

10,171 
6,  056 
3,  414 
3,  138 

6,995 
3.794 
1,252 
1,373 

9.  18 
0.01 
3.26 

■1.  10 

2.99 
1.80 
0.83 
1.09 

25.  5 
24.  3 
28.0 
45.1 

12,4 
10.9 
10.  5 

New  Mexico 
All  farms 

-75 

-1,357 

1,222 

-1.3 

-19.1 

20.8 

-304 

-1,554 

1,785 

229 

197 

-563 

-8.7 

-30.9 

54.9 

10.2 

9.6 

-21.5 

Mortgaged 

39,  566, 000 
21.742,000 
8, 873, 000 
8,  054, 000 

28,  098, 000 
10,580,000 

4.  623, 000 

5,  878, 000 

15,  973 
9.  672 
4,326 
3,081 

12,  477 
5,002 
2,476 
3,021 

7.81 
3.65 
2.29 
1.96 

5.38 
3.07 
1.91 
3.18 

26.  4 

22.  9 
25.9 

Arizona 
All  farms 

137 
248 
-79 

6.5 
13.3 
-4.1 

13.7 
11.1 
12.6 

Free  from  debt 

-219 
136 
189 

-17.3 
12.0 
20.0 

Mortgaged 

356 

112 

-268 

42.0 

15.2 

-26.7 

28,  098. 000 
10.  580, 000 

4,  623, 000 

5,  878,  000 

23,  400.  000 
11.039,000 

6,  790,  000 

7,  830, 000 

23, 357 
12,  491 
6,290 
5,860 

3,980 
2,055 

12.74 
8.44 
8.53 
7.97 

5.  92 
4.13 

2.78 
5.  27 

22.0 
23.3 
25.4 

Utah 
All  farms 

Free  from  debt 

508 
-69 
844 

-390 

64 

1,370 

9.5 
-1.3 
18.4 

-11.9 
2.0 

74.8 

13.4 
10.9 
13.3 
32.2 

Mortgaged 

898 
-133 

-526 

42.6 
-5.9 
-19.0 

23,  400.  000 
11,039.000 

6.  790.  000 

7.  830.  000 

5,  579,  000 
949,  000 
698,  000 
879, 000 

7,700 
5,242 
3,033 
2,832 

13, 127 
2,  043 
2.071 
2,817 

12.03 
10.98 
6.41 

7.78 

4.37 
1.02 
1.07 
3.05 

24.0 
24.6 
28.3 

Nevada 
All  farms.. 

66 
22 
25 

18.4 
6.5 
8.0 

12.2 
5.6 
8.6 

Free  from  debt . 

19 
-2 
63 

8.4 
-0.9 
38.0 

Mortgaged.. 

47 

24 

-38 

35.6 

22.2 

-26.0 

5,  579.  010 
949.  000 
698. 000 
879,  000 

31. 168 
7. 1S9 
6.  463 
6,021 

0.03 
3.45 
3.03 
4.80 

22.0 
19.7 
23.1 
39.0 

1  The  data  for  the  rented  portion  of  part-< 


-  farms  inrlmlod  in  Turtle  4. 


40 


FARM-MORTGAGE  DEBT 


Table  3. — Number,  Acreage,  and  Value  of  Owned  Portion  of  Farms  Operated  by  Part  Owners,1  by  Mortgage  Status, 

by  Divisions  and  States:  1940-56 — Continued 

[For  1956  and  1950,  no  data  are  included  for  the  District  of  Columbia;  for  1945  and  194(1,  District  of  Columbia  data  are  included  with  Maryland) 


tatns 

Fa: 

ms 

Land  in  farms 

Value  of 

and  and  building 

s 

Amount  of  mortgage  debt 

Area  and  mortgage  s 

Number 

Per- 
cent 
distri- 
bution 

Increase  or 

decrease  (— ) 

from  preceding 

Census 

Acres 

Per- 
cent 
distri- 
bution 

Aver- 
age 
per 

farm 
(acres) 

Dollars 

Per- 
cent 
distri- 
bution 

Average  value 
(dollars) 

Dollars 

Average  debt 
(dollars) 

Ra- 
tio 

Per 
farm 

Per 
acre 

Per 

farm 

Per 
acre 

to. 

Number 

Per- 
cent 

(per- 
cent) 

PACIFIC 
Washington 
All  farms 

..1956.. 
1950.. 
1945.. 
1940- 

1956- 
1950- 
1945.. 
1940- 

1956- 
1950- 
1945- 
1940- 

1956- 
1950- 
1945.. 
1940- 

-1956- 
1950.. 
1945- 
1940- 

1956- 
1950- 
1945- 
1040- 

-1956.. 
1950- 
1945.. 
1940- 

1956- 
1950- 
1945- 
1940- 

1956- 
1950.. 
1946.. 
1940- . 

9,991 
9,450 
9,042 
8,478 

5,195 
6,150 
5,958 
3,348 

4,796 
3,306 
3,  084 
6,130 

8,606 
8,282 
7,934 
7,841 

4,122 
4,745 
4,699 
2,921 

4,484 
3,537 
3,235 
4,920 

18, 328 
17, 478 
14, 106 
13,  991 

8,632 
10,123 
7,017 
5,297 

9,696 
7,355 
7,089 
8,694 

100.0 
100.0 
100.0 
100.0 

52.0 
65.0 
65.9 
39.5 

48.0 
35.0 
34.1 
60.5 

100.0 
100.0 
100.0 
100.0 

47.9 
57.3 
59.2 
37.3 

52.1 
42.7 
40.8 
62.7 

100.0 
100.0 
100.0 
100.0 

47.1 
57.9 
49.7 
37.9 

52.9 
42.1 
50.3 
62.1 

535 
414 
564 

5.7 
4.6 
6.7 

4,  OSS,  417 
4,321,800 
4, 166,  388 

3,  238,  251 

2,  658.  332 
2,  997,  900 
2,  935,  588 
1,125,456 

2, 030, 085 
1,323,900 
1, 230,  800 
2, 112,  795 

5,  607, 477 
5,  372,  700 

5,  008,  704 

4,  403,  709 

2,  338, 318 

2,  997,  000 
2, 382, 804 
1,223,110 

3,  269, 159 
2, 375,  700 
2, 625,  900 
3,  ISO,  659 

7,  884,  469 

6,  665,  500 
5, 042, 533 
4, 877,  354 

3,  737,  233 
3, 848,  300 
2,  458,  733 
1,  735,  246 

4, 147,  231 
2,817,200 
3, 183,  800 
3, 142, 108 

100.0 
100.0 
100.0 
100.0 

56.7 
69.4 
70.5 
34.8 

43.3 
30.6 
29.5 
65.2 

100.0 
100.0 
100.0 
100.0 

41.7 
55.8 
47.6 
27.8 

53.3 
44.2 
62.4 
72.2 

100.0 
100.0 
100.0 
100.0 

47.4 
57.7 
43.6 
35.6 

52.6 
42.3 
56.4 
64.4 

469.3 
457.0 
460.8 
382.0 

511.7 
487.5 
492.7 
336.2 

423.3 
400.5 
399.1 

411.9 

651.6 
648.7 
631.3 
561.6 

567.3 
631.6 
507.1 
418.7 

729.1 
671.7 
811.7 
646.5 

430.2 

3S1.4 
400.0 
348.6 

433.0 
3S0.2 
350.4 
327.6 

427.7 
383.0 
449.1 
361.4 

359,  738, 000 
247,  492, 000 
142, 824,  309 
86, 869,  926 

197,  S56, 000 
156,131,000 
89,  383,  309 
24, 961,  984 

161,882,000 
91,361,000 

53,  441, 000 

61,  907,  942 

374, 452,  000 
221,  078, 000 
118,927,644 
75,  010, 002 

174,869,000 
127,864,000 

62,  969,  644 
20,  873,  501 

199,583,000 

93.  2.4,  000 
55,  958.  000 

54,  736,  501 

1,467,651,000 
821.715,000 
375,  902, 928 
229,  80S,  179 

626,  6S7,  000 
441,  587,  000 
153,  260,  928 
68,  656,  436 

840,  964,  000 
380, 128, 000 
222, 642,  000 
161,211,743 

100.0 
100.0 
100.0 

ioo.o 

55.0 
63.1 
62.6 
28.7 

45.0 
36.9 
37.4 
71.3 

100.0 
100.0 
100.0 
100.0 

46.7 
57.8 
52.9 
27.6 

53.3 
42.2 
47.1 
72.4 

100.0 
100.0 
100.0 
100.0 

42.7 
53.7 
40.8 
29.9 

57.3 
46.3 
59.2 
70.1 

36, 006 
26. 173 
15,  796 
10, 247 

38,  086 

25,  837 
15,002 

7,456 

33,  754 

27, 635 
17,  328 
12, 068 

43,  511 

26,  694 
14,  990 

9,643 

42, 423 
26.  947 
13,  401 
7,146 

44,510 
26,  354 

17,  29S 
11,125 

80, 077 
47, 014 

26,  64s 
16, 430 

72, 600 
43,  622 
21,841 
12,  961 

86,  733 
51,6S3 
31,407 

18,  543 

76.73 
57.27 
34.28 
26.83 

74.43 
52.08 
30.45 
22.18 

79.74 
69.01 
43.42 
29.30 

66.78 
41.15 
23.74 
17.17 

74.78 
42.66 
26.43 
17.07 

61.05 
39.24 
21.31 
17.21 

186.14 
123.  28 
66.62 
47.13 

167.  69 
114.75 
62. 33 
39.57 

202.  78 
134.  93 
69.  93 
51.31 

39, 661, 000 
21,  618,  000 
14,  429, 000 
25, 002, 000 

3,970 
2,286 
1, 596 
2,949 

8.46 
5.00 
3.46 
7.72 

11.0 
8.7 
10.1 

-955 

192 

2,610 

-15.5 
3.2 
78.0 

Mortgaged 

1,490 

222 

-2,046 

45.1 

7.2 

-39.9 

39,  661, 000 
21,  613. 000 
14, 429,  000 
25,  002,  000 

49, 896, 000 
23, 080,  000 
14,  605,  000 
22,261,000 

8.270 
6.539 
4.679 
4,874 

5,798 
2,787 
1,841 
2,839 

19.54 
16.33 
11.72 
11.83 

8.90 
4.30 
2.92 
5.05 

24.5 
23.7 
27.0 

Oregon 
All  farms -  .. 

324 
348 
93 

3.9 
4.4 
1.2 

13.3 

10.4 
12.3 

-623 

46 

1,778 

-13.1 
10.0 
60.9 

Mortgaged 

California 
All  farms-.. 

947 

302 

-1,685 

850 

3,372 

115 

26.8 

9.  3 

-34.2 

4.9 
23.9 

0.8 

49, 896, 000 
23,  080, 000 
14,605,000 
22, 261, 000 

167,  352. 000 
84, 412, 000 
51,  653, 000 
60,911,000 

11, 128 
6,  525 
4,  515 
4,  525 

9,131 
4,830 
3,662 
4,354 

16.26 
9.72 
5.56 
7.00 

21.23 
12.66 
9.15 
12.49 

25.0 
24.8 
26.1 
40.7 

11.4 
10.3 
13.7 

-1, 491 
3,106 
1,720 

-14.7 
44.3 
32.5 

Mortgaged 

2,341 

266 

-1,  605 

31.8 

3.8 

-18.5 

167,352,000 
84,412,000 
51,  653, 000 
60,911,000 

17,  260 
11,  477 
7,286 
7,006 

40.35 
29.96 
16.22 
19.39 

19.9 
22.2 
23.2 

1  The  data  for  the  rented  portion  of  part-owner  farms  included  in  Table  4. 


FARM-MORTGAGE  DEBT 


41 


Table  4. — Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  Rented  '  and  Managed  Land,  by  Mortgage  Status,  by  Divisions 

and  States:  1940-56 


[For  1950  and  1950,  no  data  are  Include;!  for  the  District  of  Columbia;  for  194S  and  1940, 

District  of  Columbia  data 

ire  included  with  Marylai 

d] 

Farms 

Land  In  farms 

Value  of  land  and  buildings 

Amount  of  mortgage  debt 

Area  and  mortgage  st;ihis 

Number 

Percent 
dlstribu- 

1  Inn 

Incrcaso  or  decrease 
(—)  from  preceding 
Census 

Acres 

Percent 

distribu- 
tion 

Dollars 

Percent 
distribu- 
tion 

Average 
per  acre 
lollai 

Dollars 

A  \  rravc 
per  acre 
(dollars) 

Iialio 
to  value 
(per- 
cent) 

Number 

Percent 

UNITED  STATES 

1980.. 

1045- 
1940.. 

1, 170, 133 
1,  467,  646 

1,  897.  S06 

2,  307,  622 

(NA) 
1,163,  816 
1,454,585 
1,648,573 

(NA) 
304,  S30 
442,  721 
749,  049 

100.0 
100.0 
100.0 
100.0 

(NA) 
79.2 

76.  7 

68.8 

(NA) 
20.8 
23.3 
31.2 

-207, 513 

-429.060 
-600,316 

-20.3 
-22.  6 
-20.9 

501,  798,  474 
511,291,100 
636,  998,  353 
534,114,919 

419,309,145 
433,  103,  000 
402,  879,  190 

351,  076,  378 

82,  489.  329 
78,  188,  100 
134, 118.  863 
183,  039.  541 

100. 0 
100.0 
100.0 
100.0 

83.6 

84.7 
75.0 

05  7 

16.4 
15.3 
25.0 
34.3 

43,  606,  855,  000 
30,  574,  468, 000 
19,  383,  544,  230 
14,  780,  262,  212 

34,037,138.000 
24.  353,  992.  000 
14.  036,  509,  230 
9,  152,  048,  782 

9,  569,  717,  000 
6,  190,  476.  000 
5,  317,  035,  000 
5,  628,  213, 460 

100. 0 
100.0 
100.0 
100.0 

78.1 
79.8 
72.4 
61.9 

21.9 
20.2 
27.6 
38.1 

86.  90 
59.80 
36.10 
27.67 

81.17 
56.30 
34.  84 
26.07 

116.01 
79.17 
39.87 
30.75 

2, 034,  255,  000 
1,284,344,000 
1,376.092,000 
2,127,359,000 

4.05 
2.61 
2.56 
3.98 

4.7 
4.2 
7.1 
14.4 

Free  from  debt 1066. . 

(NA) 
-291,  769 
-  193,988 

(NA) 
-20.1 
-11.8 

I960.. 

1945.. 

1940- 

Mortgagod 1956.. 

1950.. 
1945.. 
1940.. 

(NA) 
-137,891 
-306.328 

(NA) 
-31.1 
-40.9 

2, 034,  255,  000 
1,284,344,000 
1,  376,  092,  000 
2,127,359,000 

24.  66 
16.43 
10.26 
11.62 

21.3 

20.7 
25.7 
37.8 

GEOGRAPHIC  DIVISIONS 

New  England 

All  farms 1950 

1950.. 
1945.. 
1940.. 

3,  060 
4,596 
7,998 

11,  670 

(NA) 
3,371 
6,  069 
7,374 

(NA) 
1.  225 
1,929 

4,  296 

19,  276 
25, 243 
41.  663 
54,  461 

(NA) 

20,  458 
33,  562 
40,  250 

(NA) 
4.7S5 
8,101 
14,  201 

154, 035 
178,  627 
230, 903 
286, 190 

(NA) 
142, 15S 
177, 563 
207,  035 

(NA) 
36, 439 
53,  340 
79, 155 

247, 136 
279,  317 
358, 143 
467, 062 

(NA) 
222,  165 
267,  696 
331,  438 

(NA) 
57, 152 
90,447 
135,  624 

100.0 
100.0 
100.0 
100.0 

(NA) 
73.3 
75.9 
63.  2 

(NA) 
26.7 
24.1 
30.8 

100.0 

100.0 
100.0 

100.0 

(NA) 
81.0 
80.6 
73.9 

(NA) 
19.0 
19.4 
26.1 

100.0 
100.0 
100.0 
100.0 

(NA) 
79.6 
76.9 
72.3 

(NA) 
20.4 
23.1 
27.7 

100.0 
100.0 
100.0 
100.0 

(NA) 
79.5 
74.7 
71.0 

(NA) 
20.5 
25.3 
29.0 

-1.536 
-3, 402 
-3.072 

-33.4 
-42.5 
-31.5 

1,  413.  378 
1,  481,  400 
1,  622,  312 
1,  904,  129 

932,  855 
1, 128.  800 
1,  217.  512 
1,151,833 

430.  523 
352,  600 
404.  800 
752.  296 

5,  409, 192 
5,  693,  200 
7,339.372 
7,  718,  279 

3,  739,  861 

4,  553,  800 

5,  717.  372 
5,  23S,  460 

1,  669. 331 
1,  139.  400 

1,  622, 000 

2,  479,  819 

42,  727.  433 
43. 937,  900 

47,  602. 039 

48,  235,  024 

34,  727,  643 

35,  533.  700 
3.5.  410.  S39 
31.  925,  752 

7,  999.  790 

8,  404.  200 
12, 185,  200 
16,  309.  272 

128,  825.  480 

129,  833.  200 
143,  990,  516 
157,  954.  735 

104.200.108 
109,  739,  600 
105,723,153 
110,849,884 

24.  626  378 
20, 093.  600 
38,  267.  363 
47,101,851 

100.0 
100.0 
100.0 
100.0 

69.5 
70.2 
75.0 
00.5 

30.5 
23.8 
25.0 
39.5 

100.  0 
100.0 
100.0 
100.0 

69.1 
80.0 
77.9 
67.9 

30.9 
20.0 
22.1 
32.  1 

100.0 
100.0 
100.0 

100.  0 

SI.  3 
80.9 

74.4 
66.2 

18.7 
19.1 
25.6 
33.8 

100.0 
100.0 
100.0 
100.0 

SO.  9 
84.5 
73.4 
70.2 

19.1 
15.5 
26.6 
29.8 

165,  845,  000 
165,037,000 
161,  150,  933 
135,  544,  092 

120.  19?,  000 
132.375,000 
118,079.933 

67,  003,  735 

45,  653,  000 
32,  661, 000 
42,471.000 

68.  5 10,  957 

863,961,000 
074,  612,  000 
572,  653,  209 
490,  866,  597 

637,  913.  000 
518.2S1.000 
443,  514,  209 
311,653,886 

226,  051,  000 
156,331,000 
129. 139.  000 
179,207,711 

9,  442, 158,  000 
6,556,921,000 

4,  539,  546,  437 
3,221,228,045 

7,  617.  504, 000 

5,  259.  001.  000 
3.318,742,437 
2, 100,  472,  280 

1,  824,  654,  000 
1.  297.  920.  000 
1,  220,  804,  000 
1,  120.  755,  765 

12,  327,  689,  000 
9,  007,  475,  000 

6,  052,  531,  783 
4.  005,  529. 574 

9,  483, 177,  000 

7,  289,  514, 000 
4,  350,  901,  783 
2.925.031,327 

2,841.512,000 
1.777,961,000 
1,701,570,000 
1,080,498,247 

100.0 
100.0 
100.0 
100.0 

72.5 
80.2 
73.6 
49.4 

27.5 
19.8 
26.  4 
50.6 

100.0 
100.0 
100.0 
100.0 

73.8 
76.8 
77.4 
63.5 

26.2 
23.2 
22.6 
36.5 

100.0 
100.0 
100.0 
100.0 

80.7 
80.2 
73.1 
65.2 

19.3 
19.8 
26.9 
34.8 

100.0 
100.0 

100.0 
100.0 

76.9 
80.4 
71.9 
63.  5 

23.1 
19.6 
28.1 
36.5 

117.34 
111.41 
99.33 
71.18 

117.27 
97.  4S 
58.17 

106.  04 
92.63 

104. 92 
91.11 

159.  72 
118.49 
73.02 
63.60 

170.  57 
113.  81 
77.57 
59.49 

135.  41 
137.  20 
79.62 
72.27 

220.  99 
149.  23 
95.36 
66.78 

219.  35 
148.00 
93.71 
65.79 

228.  09 
154.  44 
100.  19 
68.72 

95.  69 
69.84 
42.03 
29.16 

91.01 
66.43 
41.15 
26.39 

115.51 
88.48 
44.47 
36.68  1 

11,  963,  000 
7,  477. 000 
9,  3S3,  000 

19,  429, 000 

8.46 
5.05 
5.78 
10.20 

7.2 
4.5 
5.8 
113 

Free  from  debt 1955 

1950.. 

(NA) 
-2,  698 
-1.305 

(NA) 
-44.5 
-17.7 

1945.. 

1940.. 

Mortgaged 1956 

1950.. 
1945.. 
1940. . 

(NA) 

-704 
-2,  357 

(NA) 
-36.  5 
-55.1 

11,963,000 
7,  477,  000 
9,  383, 000 

19.  429.  000 

60,  326,  000 

36.  555,  000 

37,  598,  000 
59, 302.  000 

27.79 
21.  21 
23.18 
25.83 

11.15 
6.42 
5.12 
7.68 

26.2 
22.9 
22.1 
28.3 

7.0 
5.4 
6.6 
12.1 

Middle  Atlantic 

1950- 

1945- 
1940- 

-5,  967 
-16,420 
-12,798 

-23.6 
-39.4 
-23.5 

Free  from  debt 1956 

(NA) 
-13,104 
-6,  698 

(NA) 
-39.0 
-16.6 

1950.. 

1945.. 

1940- 

Mortgaged 1955 

1950.. 
1945- 
1940.. 

(NA) 
-3,316 
-6,  100 

(NA) 
-40.9 
-43.0 

60,  326, 000 

36,  555,  000 

37,  598,  000 
59,  302, 000 

3S9,  088, 000 
265, 103, 000 
282,  578,  000 
422, 464.  000 

36.14 
32.08 
23.18 
23.  91 

9.11 
6.03 

5.94 
8.76 

26.7 
23.4 
29.1 

East  North  Central 

-24,  592 
-52,  276 
-55,  287 

-13.8 
-22.6 
-19.3 

4.1 
4.0 
6.2 
13.1 

1950.. 
1945.. 
1910- 

Free  from  debt...   .            1956 

(NA) 
-35,  405 
-29,  472 

(NA) 
-19.9 
-14.2 

1950- 

1945.. 

1940.. 

Mortgaged 1956. 

1950- 
1945.. 
1940.. 

(NA) 
-16,871 
-25,  815 

(NA) 
-31.6 
-32.6 

389, 088,  000 
265,  108,  000 
282, 578,  000 
422,  464,  000 

585,591,000 

350,  031,  000 
4S4,  097, 000 
756,  410,  000 

48.64 
31.  54 
23.19 
25.90 

4.  55 
2.70 
3.36 
4.79 

21.3 
20.4 
23.1 

West  North  Central 

All  farms 1956. 

1950- 
1945- 
1940- 

-32, 181 
-78,  826 
-108,919 

-11.5 
-22.0 
-23.3 

4.8 
3.9 
8.0 

Free  from  debt 1956 

(NA) 
-46,531 

-63,742 

(NA) 
-17.0 
-19.2 

1950- 

1945- 

1940.. 

Mortgaged" 1956.. 

1950- 
1945.. 
1940.. 

(NA) 
-33,  295 
-45,177 

(NA) 
-36.8 
-33.3 

585,  591,  000 
350, 031, 000 
484,  097, 000 
756, 410, 000 

23.78 

17.42 
12.65 
16.06 

20.6 
19.7 
28.5 
45.0 

NA    Not  available. 

1  The  data,  except  for  number  of  farms,  include  figures  for  the  rented  portion  of  part-owner  farms. 


42 


FARM-MORTGAGE  DEBT 


Table  4. — Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  Rented  i  and  Managed  Land,  by  Mortgage  Status,  by  Divisions 

and  States:  1940-56 — Continued 

[For  1950  and  1950,  no  data  are  included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  included  with  Maryland] 


Area  and  mortgage  stains 


['eicnl 
distribu- 
tion 


Increase  or  decrease 
C— )  from  preceding 
Census 


Number      Percent 


Land  in  farms 


Percent 
distribu- 
tion 


Value  of  land  and  buildings 


Percent 
distribu- 
tion 


Average 
per  acre 

(dollars) 


Amount  of  mortgage  debt 


Average 
per  acre 
'dollars) 


Ratio 
to  valuo 
(per- 
cent) 


South  Atlantic 


All  farms 1956- 

1950, . 
1945.. 
1940- 


Morlgaged. 


East  South  Central 

All  farms 1956- 

1950.. 
1945.. 
1940.. 

Free  from  debt 1956— 

1950.. 
1945- 
1940- 


1950. 
1945. 
1940. 


West  South  Central 


Free  from  debt. 


Mortgaged 


Flee  from  debl. 


.195fi 
1950. 
1945. 
1940. 

.1956. 
1950. 
1945. . 
1940 


.1956 
1950 
1945. 
1940. 

-1956 
1950 
1945 
1940. 

.19:6 
1950 
1945. 
1940 


1950- 
1945- 
1940- 

Freefrom  debt 1956.. 

1950- 
1945.. 
1940- 

Mortgaged 1956- 

1950- 
1945- 
1940- 


245,  437 
311,614 
40?,  035 
435,  790 

(NA) 
257,  001 
325,671 
315,  902 

(NA) 
54, 613 
76,354 

119,  888 


25 1,397 
336,311 
409,  326 
514, 929 

(NA) 
•259,  142 
302, 924 
315, 181 


194,  220 
267, 330 
367,  111 
512, 154 

(NA) 

209.964 
279.  328 
353, 485 

(NA) 
57, 372 
87,  783 

If 8. 669 


28,  761 
33,160 
41, 355 
59.  725 

(NA) 
24, 496 
32, 220 
41,  693 


26,811 
31,412 
38, 772 
55,  641 

(NA) 
24, 061 
29,  552 
36.  205 

(NA) 
7,351 
9,220 
19,  436 


100.0 
100.0 
100.0 
100.0 

(NA) 
82.5 
81.0 
72.5 

(NA) 
17.5 
19.0 
27.5 


100.0 
100.0 
100.0 
100.0 

(NA) 
77.0 
74.0 
61.2 

(NA) 
23.0 
26.0 


100.0 
100.0 
100. 0 
100.0 


100.  0 
100.  0 
100.  0 
100.0 


100. 0 
100.0 
100.0 
100.0 

(NA) 
76.6 
76.2 
65.1 

(NA) 
23.4 
23.8 
34.9 


-66, 177 
-90,  421 
-33.  755 


(NA) 
-21,  751 
-43,  524 


(NA) 

-43,782 

-12,257 


(NA) 
-29.  203 
-93, 346 


-73,116 
-99, 775 
-145,043 


(NA) 
-09,  304 
-74, 157 


(NA) 
-30,  411 

-70,  ass 


-4,399 
-8, 195 
-18.370 


(NA) 
-7,  724 
-9,473 


-4,601 
-7,300 
-16.860 


(NA) 
-5,491 
-6,  653 


-21.2 
-22.5 
-7.7 


(NA) 
-28.5 
-36.3 


-25.3 
-17.8 
-20.5 


(NA) 
-14.4 
-3.9 


(NA) 
-27.4 
-46.7 


(NA) 
-24.8 
-21.0 


(NA) 
-34.6 
-44.7 


(NA) 
-5.2 
-49.3 


-14.6 
-19.0 
-30.3 


(NA) 
-18.fi 
-18.4 


(NA) 
-20.3 
-52.6 


29,  722.  523 

33,  554, 300 

34,  689,  234 
39,  658,  266 

24,  548.  676 
28.  243,  600 
26,519,634 
26,  751,  449 

5, 173,  847 
5,310,700 
8, 168.  600 
12,906,817 


22, 155,  757 
25.  3.5] ,  300 
26, 142, 154 
31,119,690 

17, 453, 815 
19, 773, 000 
18. 385.  754 
17,  833, 334 

4  701,942 
5,  678, 300 
7, 756, 400 
13, 280,  356 


99, 275, 739 
103. 844, 300 
101,793,116 
112.  258,  940 


20,057,410 

23,  289,  500 
30,984,500 
51,403,569 


137,051,109 
133, 908, 500 
141,009,145 
104,156.802 

125, 037. 448 
124, 147, 700 
115.236.045 
77, 175.  415 

12,013,6fil 
9, 760. 800 
25,  773,  100 
26,9S1,3S7 


35, 217, 857 
33,  687. 000 
32,  SI  1,465 
31,  109, 048 

29,  400.  410 
29,  42S.  000 
23, 854.  565 
19, 293. 874 

5,817.447 
4, 259, 000 
8, 956, 900 
11,815,174 


100.0 
100.0 
100.0 
100.0 


100.  0 
100.0 
100.0 
100.  0 


100.  0 
100.0 
100.0 
100.  0 


77.6 
69.6 
54.2 


100.  0 
100.0 
100.0 
100.0 

91.2 
92.7 
81.7 
74.1 


100.  0 
100.0 
100.0 
100.  0 


87.4 
72.7 
62.0 


3, 314,  359, 000 
2,  224, 344, 000 
1,  432, 355, 785 
1, 185,  291, 133 

2, 697, 180, 000 

1,818,009,000 

1, 093,  709,  785 

786, 907,  854 

617, 179, 000 
406,  335,  000 
338,  640.  000 
398, 383,  279 


1,992,421,000 

1,  743,  761, 000 

1, 098,  277, 968 

931,988,872 

1,531,231,000 

1,286,031.000 

742,851,968 

504, 994, 454 

481,190,000 
457,730,000 
355, 426, 000 
426,994,418 


6,  946,  613, 000 
4,859,503,000 

2,  686, 326, 792 
2,231,231,385 

5, 097,  979, 000 

3,  786, 343, 000 
1,839,497,792 
1,  267,  540,  259 

1,848,634,000 

1,073,160,000 

846, 829, 000 

963,691,126 


3, 299, 490. 000 

2, 150,  524, 000 

1,092,953,927 

744, 475, 928 

2, 620, 607, 000 

1,771,677,000 

S33, 116,927 

446,  676, 929 

678, 883,  000 
378, 847, 000 
259, 837, 000 
297,  798,  999 


5,254,316,000 
3,132,291,000 
1,747,747,396 
1,234,106,016 

4,  231, 355, 000 

2,  522,  760, 000 

1, 295,  434,  396 

741,  763, 058 

1,022.961,000 
609,  531, 000 
452,313,000 
492, 342, 958 


100.  0 
100.0 
100.0 
100.0 


100.  0 
100.0 
100.0 
100.0 


23.1 

26.2 
32.4 
45.8 


100.  0 
100.0 
100.  0 
100.  0 


77.9 
68.5 
56.8 

26.6 
22.1 
31.5 


100.  0 
100.0 
100.0 
100.0 

79.4 
82.4 
76.2 
60.0 


10(1.0 
100.  0 
100.0 
190.11 


19.5 
25.9 
39.9 


111.51 
66.29 
41.29 
29.89 

109.  87 
64.37 
41.24 
29.42 

119.  29 
76.51 
41.46 
30.87 


68.78 
42.01 
29.95 

87.73 
05. 04 
40.40 

28.  32 


69.97 

46.80 
20.  39 
19. 8S 

64.35 
47.00 

25.  98 
2(1.  83 


24.07 
16.06 
7.75 


2d.  99 
14.27 
7.23 


56.  51 
38.81 
10.  08 
11.04 


143  112 
85.73 
54.31 
38.45 

175. 84 
143. 12 
50.50 
41.67 


122, 333, 000 
109,931,000 
106,577,000 
154, 563, 000 


122, 333. 000 
109,931,000 
106, 577, 000 
154.563,000 


367,  898, 000 
208,496,000 
202,428,000 
308,  966, 000 


307, 898, 000 
20S,  496, 000 
202, 428, 000 


148,121,000 
71,922,000 
63, 212, 000 

101,913,000 


148,121,000 
71,922,000 
63,  212, 000 

101,913,000 


105.226,0110 
135, 226, 000 
103, 359, 000 
172,  896, 000 


195, 226. 000 
135,226,000 
103, 359, 000 
172, 896, 000 


5.17 
2.97 
2.50 
3.31 


29.71 
18.75 
10.  63 
10.  IS 


20.  02 
19.71 
13.74 
11.63 


0.54 
0.45 
0.98 


4.01 
3.15 
5.56 


33.  50 
31.75 
11.54 
14.63 


NA    Not  available. 

1  The  data,  except  for  number  of  farms,  include  figures  for  the  rented  portion  of  part-owner  farms. 


FARM-MORTGAGE  DEBT 


43 


Table  4. — Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  Rented  '  and  Managed  Land,  by  Mortgage  Status,  by  Divisions 

and  States:  1940-56 — Continued 


[For  1950  and  1950,  no  dalsi  ore  Included  for  the  District  of  Col 

lrnbia;  for  1945  and  1940, 

District  of  Columbia  data  c 

re  included  with  Maryland] 

3(US 

Farms 

Land  in 

farms 

Value  of  land  and  buildings 

Amount  of 

mortgage  debt 

Area  and  mortgage  st 

Number 

Percent 
distribu- 
tion 

Increase  or  decrease 
(— )  from  preceding 
Census 

Acres 

Percent 
distribu- 
tion 

Dollars 

Percent 
distribu- 
tion 

Average 
per  acre 
(dollars) 

Dollars 

Average 
per  acre 
(dollars) 

Ratio 
to  value 
(per- 
cent) 

Number 

Percent 

NEW  ENOLANE 
Maine 
All  farms 

1956.. 
1950- . 
1945.. 
1940.. 

1956- 
1950.. 
1945- 
1940.. 

1956- 
1950.. 
1945.. 
1940- 

1956.. 
1950. . 
1945.. 
1940- 

1956.. 
1950.. 
1945. . 
1940- 

1956.. 
1950. . 
1945.. 
1940- . 

1956- 
1950- 
1945- 
1940- 

1956. - 
1950 
1945- 
1940. . 

1956. . 
1950- 
1945. - 
1940- 

1956.  . 
1950 
1945- 
1940. - 

1956- - 
1950-. 
1945- 
1940.. 

1956- . 
1950. . 
1945- . 
1940-- 

.1956-. 
1950. . 
1945. . 
1940. - 

.1956- 
1950- 
1945- 
1940. - 

1956- 
1950- 
1945- 
1940- 

649 

885 

1.548 

2,730 

(NA) 
615 
1,283 
2,072 

(NA) 
270 
265 

658 

299 

535 

906 

1,212 

(NA) 
430 
657 

686 

(NA) 
105 
249 
526 

844 
1,029 
1,623 
2,630 

(NA) 
779 
1,285 
1,639 

(NA) 
250 
338 
991 

674 
1,014 
1,835 
2,825 

(NA) 
679 
1,280 
1,595 

(NA) 
335 
555 

1,230 

117 
207 
425 
380 

(NA) 
154 
320 
280 

(NA) 

53 
105 
100 

100.0 

100.0 
100.0 
100.0 

(NA) 
69.5 
82.9 
75.9 

(NA) 
30.5 
17.1 
24.1 

100.0 

100.0 
100.0 
100.0 

(NA) 
80.4 
72.5 
56.6 

(NA) 
19.6 
27.5 
43.4 

100.0 
100.0 
100.0 
100.0 

(NA) 
75.7 
79.2 
62.3 

(NA) 
24.3 
20.8 
37.7 

100.0 
100.0 
100.0 
100.0 

(NA) 
67.0 
69.8 
56.5 

(NA) 
33.0 
30.2 

100.  0 
100.0 
100.0 
100.0 

(NA) 
74.4 
75.3 

73.7 

(NA) 
25.6 
24.7 
26.3 

-336 

-663 

-1, 182 

-38.0 
-42.8 
-43.3 

230, 773 
268,  700 
278, 537 
384,  332 

180, 695 
203, 200 
224, 137 
272, 308 

50,078 
65,500 
54,400 
112,024 

190,  725 
203, 800 
234,  833 
235, 353 

123,  590 
143,  200 
169,  733 
108, 186 

67, 135 
60,600 
65, 100 
127, 167 

471,  344 
439,  600 
423,  721 
614,  719 

277,  622 
343, 300 
319,  821 
372, 905 

193,  722 
96,  300 
103,  900 
241, 814 

243, 102 
261, 800 
290,  213 
342,  586 

182,  570 
212,  900 
204,  213 
192,  903 

60,532 
48,900 
86,  000 
149,683 

24,661 
41,800 
71,  727 
48,  756 

18,940 
32, 100 
56, 427 
37,287 

5,721 

9,700 
16.300 
11,469 

100.0 
100. 0 
100.0 
100.0 

78.3 
75.6 
80.5 
70.9 

21.7 
24.4 
19.6 
29.1 

100.0 
100.0 
100.0 
100.0 

64.8 
70.3 
72.3 
46.0 

35.2 
29.7 
27.7 
54.0 

100.0 
100.0 
100.0 
100.0 

58.9 
78.1 
75.6 
60.7 

11.1 
21.9 
24.5 
39.3 

100.0 
100.0 
100.0 
100.0 

75.1 
81.3 
70.4 
56.3 

24.9 
18.7 
29.6 
13.7 

100.0 
100.0 
100.0 
100.0 

76.8 
76.7 
78.7 
76.5 

23.2 
23.3 
21.3 
23.5 

13,190,000 
10, 988, 000 

10,  947, 120 

11,  620,  667 

10, 684, 000 
12,833,000 
8,  569, 120 
6,  674, 841 

2,  506, 000 
4,155,000 
2, 378,  000 

4,  945,  826 

13, 187, 000 
14,619,000 
10,  365, 270 
8, 144,  494 

8, 347, 000 
12, 180. 000 
7, 292,  270 
2,  713, 03S 

4, 840, 000 
2,  439,  000 
3, 073, 000 

5,  431,  456 

23,  690, 000 
21,689,000 
14,  546,  584 
17,  771,  555 

13,  59S,  0Q0 
16,008.000 
11, 105,  584 
8,  603,  167 

10, 092,  000 

5,  681, ono 
3,441,000 
9, 168,  388 

47.  425,  000 
39,  712,  000 
47, 880, 133 
40,991,776 

31,301,000 
33, 562,  000 
33,  659, 133 
23,  588.  754 

16,124,000 

6,  ISO.  000 
14,221,000 
17,  403,  022 

8,  291,  000 
9, 074,  000 

9,  719,  660 
6, 839,  351 

7,371,000 
7, 139, 000 
7, 374, 660 
4, 950, 199 

920, 000 
1,  935,  000 
2, 345,  000 
1, 889, 152 

100.0 

100.0 
100.0 
100.0 

81.0 
75.5 
78.3 
57.4 

19.0 
24.6 
21.7 
42.6 

100.0 
100.0 
100.0 
100.0 

63.3 
83.3 
70.4 
33.3 

36.7 
16.7 
29.6 
66.7 

100.0 
100.0 
100.0 
100.0 

57.4 
73.8 
76.3 

48.4 

42.6 
26.2 
23.7 

51.6 

100.0 

100.0 
100.0 
100.0 

66.0 
84.4 
70.3 

57.5 

34.0 
15.6 
29.7 
42.6 

100.0 
100.0 
100.0 
100.0 

88.9 
78.7 
75.9 
72.4 

11.1 
21.3 
24.1 
27.6 

57.16 
59.25 
39.30 
30.24 

59.13 

58.02 
38.23 
24.51 

50.04 
63.44 
43.71 
44.15 

69.14 
71.73 
44.14 
34.61 

67.54 

85.  06 
42.96 
25.08 

72.09 
40.25 
47.20 
42.71 

50.26 
49.34 
34.33 
28.91 

48.98 
46.63 
34.72 
23.07 

62.10 
58,99 
33.12 
37.92 

195.08 
151.80 
164.98 
119.65 

171.45 

157. 64 
164. 82 
122.28 

266.37 
126.38 
165. 36 
116.27 

336.20 
217.  OS 
135.  51 
140.28 

389.  IS 
222.  40 
130.  69 
132,  76 

160.81 
199.48 
153.27 
164.  72 

704, 000 

859, 000 

585, 000 

1,  428, 000 

3.06 
3.00 
2.10 
3.72 

5.3 
6.1 
5.3 
12.3 

Free  from  debt 

(NA) 

-668 
-789 

(NA) 
-51.3 
-38.1 

Mortgaged 

(NA) 

5 
-393 

(NA) 

1.9 
-69.7 

704, 000 

859.  noo 

585, 000 

1,428,000 

1,  210, 000 
701,000 
611.000 

1, 263,  000 

14.06 
13.11 
10.75 
12.75 

6.34 
3.44 
2.60 
5.37 

28.1 

20.7 
24.6 
28.9 

9.2 
4.8 

6.9 
15.5 

New  Hampshire 
All  farms 

-236 
-371 
-306 

-44.1 
-40.9 
-25.2 

Free  from  debt.. 

(NA) 
-227 
-29 

(NA) 
-34.6 
-4.2 

Mortgaged-  

(NA) 
-144 
-277 

(NA) 
-57.8 
-62.7 

1,210,000 
701,000 
611,000 

1,  263, 000 

2,  715,  000 
1,422,000 
1,  253,  000 
3,741,000 

18.02 
11.57 
9.39 
9.93 

5.76 
3.23 
2.96 
6.09 

25.0 
28.7 
19.9 
23.3 

11.5 
6.6 
8.6 

21.1 

Vermont 
All  farms 

-185 

-594 

-1,007 

-18.0 
-36.6 
-38.3 

Free  from  debt 

(NA) 
-506 
-354 

(NA) 
-39.4 
-21.6 

Mortgaged 

(NA) 
-88 
-653 

(NA) 
-26.0 
-65.9 

2,  715, 000 
1.  422,  000 
1.253,000 

3,  741,  000 

4,  708.  000 
1, 303,  000 
3,  200.  000 

5,  768,  000 

14.01 
14.77 
12.06 
15.47 

19.37 
4.98 
11.03 
16.84 

26.9 
25.0 
36.4 
40.8 

9.9 
3.3 
6.7 
14.1 

Massachusetts 
All  farms 

-340 
-821 
-990 

-33.5 

-44.7 
-35.0 

Free  from  debt 

(NA) 
-601 
-316 

(NA) 
-47.0 
-19.7 

Mortgaged-- 

Rhode  Island 
All  farms 

(NA) 
-220 
-675 

-90 

-218 

45 

(NA) 
-39.6 
-54.9 

-30.3 

-61.3 

11.8 

4,  708,  000 
1, 303,  000 
3,  200, 000 

5,  768, 000 

157,000 
297.000 
706. 000 
689,  000 

77.78 
26.65 
37.21 
38.  53 

6.37 
7.11 
9.84 
14.13 

29.2 
21.1 
22.5 
33.1 

1.9 
3.3 
7.3 
10.1 

Free  from  debt 

(NA) 
-166 
40 

(NA) 
-52 

5 

(NA) 
-51.9 
14.3 

(NA) 
-49.5 
5.0 

Mortgaged . 

157, 000 
297, 000 
706.  000 
689.  000 

27.44 
30.62 
46.14 
60.70 

17.1 
15.4 
30.1 
36.5 

NA    Not  available. 

*  The  data,  except  for  number  of  farms,  Include  fig 


;  for  the  rented  portion  of  part-owner  farms. 


44 


FARM-MORTGAGE  DEBT 


Table  4.- — -Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  Rented  '  and  Managed  Land,  by  Mortgage  Status,  by  Divisions 

and  States:  1940-56 — Continued 

[For  1956  and  1950,  no  data  are  included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  included  with  Maryland] 


Area  and  mortgage  status 


Percent 
distribu- 
tion 


Increase  or  decrease 
(—)  from  preceding 
Census 


Number      Percent 


Land  in  farms 


Percent 
distribu- 
tion 


Value  of  land  and  buildings 


Percent 
distribu- 
tion 


Amount  of  mortgage  debt 


Average 
per  acre 
(dollars) 


Ratio 
to  value 
(per- 
cent) 


NEW  ENGLAND— Con. 


All  farms.... -... ..1956- 

1950. 
1945 
1940 


Free  from  debt. 


-1956 
1950 
1945 
1940. 


MIDDLE  ATLANTIC 
New  York 


Free  from  debt. 


.19511 
1950. 
1945. 
1940. 

.1956. 
1950. 
1945. 
1940. 

1956. 
1950. 
1945. 
1940- 


Fiei   from  debt. 


.1956.. 
1950. . 
1945- . 
1940. . 

-1956- 
1950. . 
1945.. 
1940.. 


Mori  gaged 1956. 

1950. 
1945. 
1940. 


All  farms.— 1956 

1950. 

1945.. 

1940. 


.1956. 
1950. 
1945- 
1940. 

.1956. 
1950- 
1945. 
1940. 


Free  from  debt  . 


EAST  NORTH  CENTRAL 


Free  from  debt  . 


..1956 
1950. 
1945- 
1940. 

Mortgaged- 1956 

1950. . 

1945. 

1940. 


5,613 
8,467 
14,  375 
21, 138 

(NA) 
6,862 
10, 885 
14,  579 

(NA) 
1,605 
3,490 
6,559 


1,675 

2,  227 
3.24H 
4,465 


11,988 
14,  549 
24, 012 
28,  858 


(NA) 
2,641 
3,828 
6,183 


(NA) 
29,164 
39,  285 
47, 175 

(NA) 
7,200 
10, 124 
15, 452 


100.0 
100.  0 
100.0 
100.0 


(NA) 
22.9 
25.1 
41.8 


100.0 
100.0 
100.  0 
100.0 


(NA) 
19.0 
24.3 
31.0 


100.0 
100.0 
100.0 
100.0 

(NA) 
75.8 
75.9 
67.3 

(NA) 
24.2 
24.1 
32.7 


100.0 
100.0 
100.0 

1110.  0 


(NA) 
18.2 
15.9 
21.4 


100.0 
100.0 
100.0 
100.0 


(NA) 
-4,  023 
-3,  694 


-552 
-1,019 
-1.219 


(NA) 
-1, 187 
-2,355 


-6,  362 
-13,045 

-13.  21S 


(NA) 
-10,121 
-7,  890 


(NA) 
-2,  924 
-5,  328 


-37.7 
-44.3 
-12.3 


(NA) 
-530 
142 

(NA) 
-42.6 
12.9 

(NA) 
-205 
-374 

(NA) 
-49.2 
-47.3 

-33.7 
-41.1 
-32.0 


(NA) 
-37.0 
-25.3 


(NA) 
-54.0 
-46.8 


-24.8 
-31.4 
-27.3 


(NA) 
-31.5 
-18.1 


(NA) 
-31.2 
-46.3 


(NA) 
-31.0 
-38.1 


(NA) 
-25.8 
-16.7 


252,  773 
265,  700 
323,281 
278,  383 

100.0 
100.0 
100.0 
100.0 

199,  438 
194, 100 
243,  181 
168,244 

78.9 
73.0 
75.2 
60.4 

53,  335 

71,600 
80, 100 
110, 139 

21.1 
27.0 
24.8 
39.6 

2,  489. 013 

2,  621,  300 

3.  462,  984 
3,  699, 108 

100.0 
100.0 
100.0 
100.0 

1, 859,  293 
2, 130,  200 
2.  565,  9S4 
2,  405,  600 

74.7 
81.3 
74.1 
65.0 

629,  720 

491, 100 

897, 000 

1,  293.  508 

25.3 
18.7 
25.9 
35.0 

437, 877 
460,  300 
537,  634 
530,  272 

100.0 
100.0 
100.0 
100.0 

348, 988 
350, 800 
398,  234 
328, 669 

79.7 
76.2 
74.1 
62.0 

88, 889 
109.500 
139,  400 
201, 603 

20.3 
23.8 
25.9 
38.0 

2,  482, 302 
2,611.600 

3,  338.  754 
3,  488,  899 

100.0 
100.0 
100.0 
100.0 

1,631.580 
2.  072.  800 
2.  753, 154 
2,  504, 191 

61.7 
79.4 
82.5 
71.8 

950,  722 
538.800 
585,  600 
984,  708 

38.3 
20.6 
17.6 

28.2 

7,  272, 189 

7,  559.  600 

8,  361,  667 
8,  558, 446 

100.0 
100.0 
100.0 
100.0 

6, 086, 822 
6,  083, 100 
6,  589,  867 
5,  947, 181 

83.7 
80.5 
78.8 
69.5 

1,185,367 
1,  476.  500 

1.  771,  800 

2,  611,  265 

16.3 
19.5 
21.2 
30.5 

60. 062,  000 
62,  925,  000 
67,  692,  160 
50, 176,  849 

48.891,000 
50.  654,  000 
50,  679, 166 
20,  473,  736 

11,171,000 
12,  271.  000 
17, 013. 000 
29,  703, 113 


306,  964,  000 
253,101,000 
244,  969.  731 
206,  000,  597 

213,  647,  000 
193,  347,  000 
ISO,  882,  731 
133, 324,  549 

93.  317, 000 
59,  S44,  000 
64,  087,  000 
72.  676,  048 


133,  S43,  000 
96,  471,  000 
78, 883,  334 


107,  744,  000 
72,  240, 000 
58,121,334 
35,787,848 

26,  099.  000 
24,  231, 000 
20,  762,  000 
23. 099, 148 


423, 157,  000 
324,  950. 000 
248,  800.  144 
225,  979, 004 

316,  622.  000 
252,  694, 000 
204,510,114 
142,  546,  489 

106.  635.  000 
72,  256.  000 
44,  290. 000 
83, 432,  515 


1,631.080.000 

1, 068, 302,  000 

731,  889,  549 

646,  659,  326 

1,  310,  748, 000 
854.  941. 000 
568, 866.  549 
366, 116,  249 

290.  332, 000 
213,  361. 000 
163.  023. 000 
180,  543,  077 


100.0 
100.0 
100.0 
100.0 


80.5 
74.9 
40.  S 


100.  0 
100.0 
100.0 
100.0 


30.4 
23.0 
26.2 
35.3 


100.0 
100.0 
100.0 
100.0 


19.5 
25.1 
26.3 
39.2 


100.  0 
100.0 
100.0 
100.0 

74.8 

77.8 
82.2 
63.1 

25.2 
22.2 
17.8 
36.9 


100.0 
100.0 
100.0 
100.0 


17.8 
20.0 
22.3 
33.0 


237.61 
236. 83 
209.  39 
180.  24 

245.14 

260.97 
2118.40 
121.69 


123.33 
96.59 
70.74 
55.69 

114.  91 
90.76 
70.49 
55.42 

148. 19 
121.86 
71.45 
56.19 


308.  73 
2115.93 
145.95 


293.  6! 
221.29 
148.  94 
114.58 


170.  47 
124.  43 
74.52 
64.77 

206.66 
121.91 
74.28 
56.92 

112. 16 
134. 11 
75.63 


224.  29 
141.32 
87.53 


220.27 
140.54 
86.32 
61.56 

244. 93 
144.  50 
92.01 
69.14 


2,  469. 000 
2, 895,  000 

3.  028,  000 
6.  540,  000 


2,  469.  000 

2,  895. 000 

3,  028,  000 
6.  540,  000 


25, 009,  000 
13,  746.  000 
18, 842,  000 
28,  311,  000 


25,  009,  000 
13,  746,  000 
IS.  842.  000 
28,  311,  000 


6,  525,  000 
5, 573,  000 
5.  336,  000 
8.  706.  000 


6,  525,  000 
.5.  573,  000 
5,336,(100 
S,  796,  090 


28,  792.  000 
17,236,000 
13,  420,  000 
22,  285,  000 


28.  792.  000 
17,  236. 000 
13.  420. 000 
22,  285, 000 


69,  680, 000 
47,  HI,  000 
43. 038,  000 
65,  999,  000 


69,  6S0.  000 
47,  111,  000 
43. 038.  000 
65, 999,  000 


9.77 
10.90 

9.37 
23.49 


46.29 
40.43 
37.  80 
59.38 


10.05 
5.24 
5.44 
7.65 


39.71 
27.99 
21.01 
21.89 


14.90 
12.11 
9.92 
16.42 


30.28 
31.99 
22.92 
22.63 


6.23 
6.15 
7.71 


58.78 
31.91 
24.29 
25.27 


NA    Not  available. 

1  The  data,  except  for  number  of  farms,  Include  figures  for  the  rented  portion  of  part-owner  farms. 


FARM-MORTGAGE  DEBT 


45 


Table  4. — Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  Rented  '  and  Managed  Land,  by  Mortgage  Status,  by  Divisions 

and  States:  1940-56 — Continued 

[For  1956  and  1950,  no  data  are  Included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  Included  with  Maryland] 


Area  and  mortgage  status 


Percent 
distribu- 
tion 


Increase  or  decrease 
(—)  from  preceding 
Census 


Number      Percent 


Land  in  farms 


Percent 
distribu- 
tion 


Value  of  land  and  buildings 


Percent 
distribu- 
tion 


Average 
per  acre 
(dollars) 


Amount  of  mortgago  debt 


Average 
per  acre 
(dollars) 


Ratio 
to  value 
(per- 
cent) 


EAST  NORTH  CENTRAL— 
Continued 

Indiana 

All  farms.  1966.. 

1950.. 
1945.. 
1940- 

Free  (rom  debt 1956.. 

1950.. 
1945.. 
1940.. 

...1956.. 

I960.. 
1945.. 
1940.. 

Illinois 

All  farms 1956.. 

1950.. 
1945.. 
1940.. 

Free  from  debt. 1956.. 

1950- 
1945- 
1940- 

Mortgaged 1956.. 

1950.. 
1945.. 
1940- 

Michigan 

All  farms 1956.. 

1950.. 
1945.. 
1940- 

Free  from  debt 1956.. 

1950.. 
1945.. 
1940- 


Mortgaged 


1956.. 

1950, 

1946.. 

1940 


Ul  farms —  1953.. 

1950 

1945.. 

1940.. 

Free  from  debt —1966. 

1950. 
1945. 
1940. 

Mortgaged 1956. 

1950. 
1945. . 
1940- 

WEST  NORTH  CENTRAL 

Minnesota 

\  11  farms ....1966. 

1950. 
1945.. 
1940 


Free  from  debt. 


...1956. 
1950. 
1945- 
1940. 

Mortgaged 1950. 

1950. 

1945- 

1940 


(NA) 
24,  204 
29,  563 
33,  897 

(NA) 
8,443 
11.317 
19, 389 


(NA) 
50. 180 
65.  613 
71, 117 

(NA) 
12.  083 
15.833 
22,  492 


10.  753 
14,  444 
21.583 
32,  661 

(NA) 
12,  522 
15. 190 
22.568 

(NA) 
1.922 
6,  393 
10,  093 


22.  805 
2r,,  909 
37,  585 
44,  007 


(NA) 
6,821 
9,673 
11,  729 


32,  395 
37,  771 
61, 235 
64,448 

(NA) 

28,  325 
35,  885 
44,753 

(NA) 
9.446 
15,  350 
19,  695 


100.0 
100.0 
100.0 
100.0 

(NA) 
74.1 
72.3 
63.6 

(NA) 
25.9 
27.7 
36.4 


100.  0 
100.0 
100.0 

too.  n 


(NA) 
17.7 
19.4 
24.0 


100.0 

ioo.o 

100.0 
100.0 

(NA) 
86.7 
70.4 


(NA) 
13.3 
29.6 


100.0 
100.0 
100.0 
100.0 

(NA) 
74.6 
74.3 
73.3 

(NA) 
25.4 
25.7 


100.0 
100.0 
100.0 
100.0 

(NA) 
76.0 
70.0 


(NA) 
25.0 
30.0 


-3.967 
-8.233 

-12,406 


(NA) 
-5,359 
-4,334 


(NA) 
-2,  874 
-8,  072 


-6,  468 
-13, 183 

-12,  163 


(NA) 
-9,  433 
-5,504 


-3,  601 
-7,  139 
-11,078 


(NA) 
-4,  471 
-3,  700 


-4. 104 
-10.  676 
-6,422 


(NA) 
-7,824 
-4,366 


(NA) 
-2.852 
-2,056 


-5,  376 
-13,464 
-13,213 


(NA) 
-7,560 
-8,  8CS 


(NA) 
-5,904 
-4,345 


-12.2 
-20.1 
-23.3 


(NA) 
-18.1 

-12.8 


(NA) 
-25.4 
-41.6 


(NA) 
-14.4 
-8.1 


(NA) 
-23.  7 
-29.6 


(NA) 
-17.6 
-32.7 


-16.3 
-28.4 
-14.6 


(NA) 
-28.0 
-13.5 


(NA) 
-29.5 
-17.6 


8,  330,  979 
8.401,100 
8,550.116 
8,  876,  908 

6,  423, 185 

6.  208,  1)00 
5.936.016 
5,  054, 930 

1, 907,  794 
2, 133, 100 

2,  614,  100 

3,  821,  978 


17,  743,  216 
18, 19 1,  900 

18,  769,  748 
18,  604, 199 

15,081,734 
15.  410.  800 
14, 36S,  348 
13,121,218 

2.  661,  482 
2,  784, 100 
4, 401,  400 
5,  479,  981 


3,  858.  660 

4,  051,  100 
4.  848,  878 
6, 022,  991 

3. 110,  080 
3,  512,  400 
3,  316.  778 
3, 305,  806 

748,  580 

538.  700 

1,  502, 100 

1,717,125 


5,  522,  389 
5.  731.  200 
7.  071,  630 
7, 172,  480 

4,  025,  822 
4.259.4110 

5,  175,  830 
4,  493,  557 

1,  496,  567 
1,471,800 

1,  895,  800 

2,  678,  923 


10. 878,  658 
11,387,800 

13.  589.  523 
15, 060, 446 


2.901,1,113 
2,  761,  700 

4,  497,  600 

5,  520,  509 


100.0 
100.0 
100.  0 
100,  0 


22.9 
26.4 
30.6 
43.1 


100.  0 
100.  0 
100.  0 
100.  0 


15.3 
23.4 
29.6 


100.0 
100.0 
100.0 
100.0 

80.6 
86.7 
69.0 
65.8 


13.3 
31.0 
34.2 


100.  0 

100.0 
100.0 

100.  0 


100.0 
100.  0 
100.0 
100.0 


27.5 
24.3 
33.1 

36.7 


1,912.014,000 

1,218,874.000 

783,  600,  217 

653,  463,  404 

1,  447,  395. 000 
916,  810,  000 
644,  616,  217 
318,  239, 562 

464,  619.  000 
302,  064. 000 
238,  984. 000 
235,  223,  842 


4,  692,  874,  000 
3.  352. 978, 000 

2.  275.  625,  081 

1,  543,  730,  087 

3,  913,  857,  000 

2,  772,  716,  000 
1,674,439,081 
1,  050,  979,  574 

779.017.000 
580, 262,  000 
601, 186,  000 
492,  750,  513 


556,  808,  000 
382,  014,  000 
307,  706,  764 
235,  506, 874 

438.  208.  000 
337,  2S0, 000 
214,  423,  764 
153,  722,  408 

118,  600.  000 
41,734,000 
'.13,283,000 
81,784,466 


649,  382.  000 
534,  753.  000 
440,  724,  826 
311,868,354 

477,  296, 000 
377,  254,  000 
316,  396,  826 
211,414,487 

172.  086,  000 
157,  499,  000 
124,  328.  000 
130,  453,  867 


1,356,928,000 
993, 185,  000 
736,  539,  741 
609, 380, 645 

957,  991,  000 
753,  034,  000 
485.  532,  741 
373,  959, 87b 

398,  937, 000 
210,151,000 
251,  007.  000 
235,  420,  769 


100.0 
100.0 
100.0 
100  0 


100.0 
100.0 

nil)  o 

100.0 


ion  o 

100.0 
100.0 
100.0 


21.3 
11.7 
30.3 
34.7 


ioo.o 

100.0 
100.  0 
100.0 

73.5 
70.5 
71.8 
61.8 


29.5 
28.2 
38.2 


100.0 
100.0 
100.0 
100.0 

70.6 
75.8 
65.9 
61.4 

29.4 
24.2 
34.1 


229.  51 
1 15. 00 
91.  05 
62.35 

225. 34 
146.  27 
91.  75 
62.96 

243.54 
141.61 
91.42 
61.54 


2i'.(.4'l 
ISt.  28 
121.21 


2'J2.  71) 
20S.  42 
136  50 
89.92 


144.  30 
94.30 
63.46 
46.89 


158.43 
83.04 
62.10 


US.  56 
88.57 
61.13 
47.05 

114.  99 
107.01 
65.  5S 
48.70 


124.  73 
87.21 
64.20 
40.46 

121.  47 
87.30 
63.40 
39.20 


86,419,000 
64.191.000 

53,293,01)0 
82,  717.  000 


86,  419, 000 
54,191.000 
53,  293, 000 
82,  717, 000 


139.  444, 000 
107,  47-1,  000 
124,  446, 000 
184,218.000 


139, 444.  000 
107,  474, 000 
124, 446,  000 
184,  218,  000 


32,971,000 
13,  849, 000 
25,  373. 000 
30,  378.  000 


32.  971, 000 
13.819,000 
25.  373.  000 
30,  378,  000 


60.  674,  000 
42.  483.  000 
36,  428,  000 
59, 152,  000 


60,  574,  000 
42,  483. 000 
36,  428.  000 
59,152,000 


93,  750, 000 
63,  634,  000 
71.  286, 000 
100, 373, 000 


93,  750.  000 
53,  634,  000 
71.  286, 000 
100,  373,  000 


10.37 
6.45 
6.23 
9.32 


45.30 
25.40 
20.  39 
21.64 


52.39 
38.60 
28.27 

33  02 


8.64 
3.42 
6.23 
6.05 


41.  04 
25,71 
16.  89 


10.  97 
7.41 
5.15 
8.25 


8.62 
4.71 
5.25 


31.34 
19.42 
15.85 
18.18 


NA    Not  available. 

'  The  data,  except  for  number  of  farms,  include  figures  for  the  rented  portion  of  part-owner  farms. 


46 


FARM-MORTGAGE  DEBT 


Table  4. — Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  Rented  1  and  Managed  Land,  by  Mortgage  Status,  by  Divisions 

and  States:  1940-56 — Continued 

[For  1950  and  1950,  no  data  are  included  for  the  District  of  Columbia;  for  1945  and  1940,  District,  of  Columbia  data  are  included  with  Maryland] 


Area  and  mortgage  status 


Percent 
distribu- 
tion 


Increase  or  decrease 
(— )  from  preceding 
Census 


Number      Percent 


Land  in  farms 


Percent 
distribu- 
tion 


Value  of  land  and  buildings 


Percent 

dis'.rihu- 

tion 


Average 
per  acre 

(dollars) 


Amount  of  mortgage  debt 


Ratio 
to  value 
(per- 
cent) 


Free  from  debt-. 


Mortgaged. 


-1956- 
1950- 
1945- 
1940- 

-1956-. 
1950.. 
1945- 
1940- 

.1956- 
1950- 
1945- 
1940.. 


Free  from  debt. 


.1950- 
1950- 
1945- 
1940.. 

.1956- 
1950- 
1945.. 
1940- 


Mortgaeed ._ 1956— 

1960- 
1945- 
1940- 


North  Dakota 


Free  from  debt. 


Mortgaged. 


South  Dak  ota 


Free  from  debt 


Mortgaged. 


.1950- 
1950.. 
1945.. 
1940- 

.1956- 
1950.- 
1945- 
1940.. 

-1956- 

1950. . 
1945- 
1940- 


.1956.. 
1950- - 
1945 .. 
1940 -. 

.1956.. 
1950-. 
1945- 
1940. _ 

.1956-. 
1950- 
1945.. 
1940-. 


-1956-. 
1950- 
1945.. 


Fivr  from  debt 


...1950- 
1950.. 
1945.. 
1940.. 

Mortgaged 1956— 

1950.. 
1945.. 
1940.. 


(NA) 
59, 753 
05,  422 
69,  218 

(NA) 
1.8.344 
23,  744 
33, 484 


35, 814 
46,  944 
65,  956 
92,  337 

(NA) 
35, 115 
51,  496 
64,  751 

(NA) 
11,  829 
14,460 
27,  586 


14,  425 
19,  585 
33,  571 


(NA) 
2,576 


18,  34S 
20,  421 
26,  478 
38,  651 

(NA) 
17,  345 

19,  420 
29,  862 


39,  250 
42,080 

63,  531 

64,  501 


(NA) 
6,705 
14,461 
18,  979 


100.  0 
100.0 
100.0 
100.0 

(NA) 
76.5 
73.4 


1  uo  u 

100.0 
100.0 
100.  0 


(NA) 
25.2 
21.9 
29.9 


100.0 
100.0 
100.0 
100.0 


100.0 
100.0 
100.0 
100.0 

(NA) 
84.9 
73.3 


(NA) 
15.1 
26.7 
22.7 


100.0 
100.0 
100.0 
100.0 

(NA) 
84.1 
73.0 


(NA) 
15.9 
27.0 
29.4 


(NA) 
-5,669 
-3,796 


(NA) 
-5,400 
-9,  740 


-11,  130 
-19,012 
-26,  3.sl 


(NA) 

-16.3S1 

-13,255 


(NA) 
-2,  631 
-13,  126 


-1,572 
-5,  160 
-13,  6x0 


(NA) 
-1,452 
-2, 160 


-2,073 
-6,  057 
-12,173 


(NA) 
-2,  075 
-10,  442 


(NA) 
-3,  982 
-1,731 


-2,  830 
-11,451 

-10,670 


(NA) 
-3,  095 
-6,  452 


(NA) 
-7,  756 
-4,  518 


-4.7 
-12.4 
-13.2 


(NA) 
-22.7 
-29.1 


(NA) 
-31.8 
-20.5 


(NA) 
-18.2 
-47.6 


-10.9 
-26.3 

-41.7 


(NA) 
-23.8 
-43.2 


(NA) 
-36.0 
-34.9 


(NA) 
-10.7 
-35.0 


(NA) 
-56.4 
-19.7 


-6.7 
-21.4 
-17.0 


(NA) 
-9.4 
-14.2 


(NA) 
-53.6 
-23.8 


18, 197,  956 
18,  291,  900 

18,  674, 978 

19,  824,  938 

13, 157, 122 
13,  580,  500 
13,  000, 478 
12,  334,  448 

5,  040,  834 

4,  705,  400 

5,  674,  500 
7,  490,  490 


10,065,301 
11,  164,  800 
13.  033,  402 
15,  304, 122 


2,  4i'3,  685 
2.  295,  61)0 
3. 152.  500 
5,  0G3,  440 


17,  541, 695 
17, 076,  800 
19,  990,  056 
23,  536,  458 

14,  752,  565 

14,  704,  000 

15,  87S,  256 

18,  045, 807 

2,789,130 
2,  372,  800 
4,  112,  400 
5, 490,  051 


21,  473, 129 
21,905,500 
25,  659,  827 
28,121,411 

18,  380,  998 

19.  958,  700 
19. 130,  964 

22,  48S,  411 

3,  092, 131 
2,  006, 800 
6,  528,  863 
5,  633,  000 


22,  669,  784 
23, 159.  400 
25,  635,  560 
27, 069,  783 

18,  339,  855 
19, 653, 100 

17,  971,  060 

18,  078,  643 

4,  329,  929 
3,  500.  300 
7, 664,  500 
8, 991, 140 


100.0 
J  00.0 
100.0 
100.0 


27.7 
25.7 
30.4 
37.8 


100.0 
100.0 
100.0 
100.0 


100.0 
100.0 
100.  0 

100.0 


15.9 
13.9 
20.6 
23.3 


100.0 
100.0 
100.0 
100.0 


100.0 
100.0 
100.0 
100.0 


4,066,011,000 
2,984,214,000 
1,934,  ^SO,  124 

1,  482, 023,  481 

2,  915,  330, 000 
2,  203. 340.  000 
1, 350, 288, 124 

912,  024, 466 

1, 150,  681,  000 
780,  874,  000 
583, 962,  000 
570,  899,  015 


1,050,177,000 
776,  697,  000 
601,  450,  596 
487,  767,  670 

781,  332,  000 
610,  90S,  000 
447. 891,  59o 
305,  596,  779 

268,  845, 000 
165,  789,  000 
153.  559, 000 
182, 170, 891 


627,  212, 000 
465,  992,  000 
308, 887,  501 
256,  796,  275 

612,  432, 000 
392,  288,  000 
241,  747,  504 
176,  449, 160 

114,780.000 
73,  704,  000 
65, 140,  000 
80,347,115 


819,  851,  000 
643,  364,  000 
409,  219,  910 
315,967,112 

677, 197,  000 
555,  796,  000 
300,  644,  910 
217,756,028 

142,  654.  000 
87,  568,  000 

108,  575,  000 
98,  210, 184 


1,  651, 500,  000 

1,  232, 414,  000 

696,  790. 008 

415,  479,  407 

420, 646,  000 
243,  286,  000 
292,  094, 000 
243,  016,  760 


100.0 
100.0 
100.0 
100.0 


28.3 
26.2 
30.2 
38.  5 


100.0 
100.0 
100.0 
100.0 

74.4 
78.6 
74.5 
62.7 


100.  0 
100.0 
100.  u 
100.  0 

81.7 
84.2 
78.8 
68.7 


100.0 
100.0 
100.0 
100.  0 


17.4 
13.6 
26.5 
31.1 


100.0 
100.0 
100.0 
100.0 


20.3 
16.5 
29.5 


22-3,  43 
163. 14 
103.57 
74.80 

221.  58 
162. 17 
103. 80 
73.94 


35.76 
27.29 
15.35 
10.91 


41.15 
31.06 
15.84 
14.  63 


3S.  18 
29.29 
15.95 
11.24 

36.84 
27.85 
15.72 


46.13 
43.64 
16.63 
17.43 


91.41 
63.72 
38.57 
24.33 

90.05 
62.71 
38.77 
22.98 

97.15 
69.39 
38.11 
27.03 


230, 136,  000 
149, 065,  000 
164, 093,  000 
265,  085,  000 


230, 136,  000 
149,  065,  000 
164,  093,  000 
265,  085,  000 


65,  598,  000 
32,  079,  000 
44,  839,  000 
68,  459,  000 


65,  598,  000 
32, 079,  000 
44, 839,  000 
68,  459, 000 


19,  627,  000 
14,  794,  000 
22,  408,  (00 
42,  736,  000 


19,  027.  000 
14,  794,  000 
22,  408.  000 
42,  730,  000 


28,  673,  000 
19,  295,  000 
38,  327,  000 
50,  6S8,  000 


28,  673,  000 
19,  295,  000 
38,  327,  000 
50,  08S,  000 


84, 129, 000 
45,  789,  000 
82,  078,  000 
124,  200, 000 


84, 129,  000 
45,  789.  000 
82,  078, 000 
124,  200,  000 


12.65 
8.15 
8.79 

13.37 


45.65 
31.68 

28.  62 
35.39 


6.  15 
2.87 
3.44 

1.47 


26.63 
13.97 
14.22 
13.62 


7.04 
6.23 
6.45 
7.78 


9.27 
9.61 
5.87 


19.43 
13.00 
10.71 
13.82 


NA    Not  available. 

1  The  data,  except  for  number  of  farms,  include  figures  for  the  rented  portion  of  part-owner  farms. 


FARM-MORTGAGE  DEBT 


47 


Table  4. — Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  Rented  '  and  Managed  Land,  by  Mortgage  Status,  by  Divisions 

and  States:  1940-56 — Continued 

[For  1956  and  1950,  no  data  are  included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  included  with  MarylandJ 


Area  ami  mortgage  status 


Percent 
distribu- 
tion 


Increase  or  decrease 
(— )  from  preceding 
Census 


Number      Percent 


Land  in  farms 


1'orcenl 

distribu- 
tion 


Value  of  land  and  buildings 


Amount  of  Inoi  !|.':itv  debt 


IVieent 
distribu- 
tion 


(dollars) 


Ratio 
to  value 
(per- 
cent) 


Free  from  debt. 


.1956.. 
1950- 
1945.. 
1940- 

.1956.. 
1950.. 
1945.. 
1940.. 


Mortgaged 1950— 

1950.- 
1945- 
1940- . 

SOUTH  ATLANTIC 

Delaware 

All  farms 1956- 

1950- 
1945- 
1940- 

Free  from  debt 1956.. 

1950- 
1945- 
1940- 

Mortgaged 1956— 

1950. . 
1945- 
1940- 

Maryland 

All  farms 1956- 

1950- - 
1945.. 
1940- 

Free  from  debt 1956.. 

1950.. 
1945- 
1940- 

Mortgaged 1956.. 

1950- 
1945- 
1940- 

Virginia 

All  farms 1956.. 

1950- 
1945.. 
1940.. 


Free  from  debt. 


.1956.. 
1950- 
1945- 
1940- 

.1956- 
1950- 
1945.. 
1940.. 


All  farms .1956.. 

1950- 
1945- 
1940- 


Freefrom  debt. 


...1956- 
1950- 
1945- 
1940- 

Mortgaged 1956.. 

1950- 
1945.. 
1940- 


31,1)32 
39.  579 
52, 192 
70,  852 

(NA) 
34, 403 
40, 846 
49,949 

(NA) 
5,176 
11,346 
20,  903 


1,337 
2,140 
3,038 

(NA) 
1,182 
1,775 
2,363 

(NA) 


5,634 
7,049 
1(1,  346 
11,  687 


(NA) 
2,008 
2,633 
3,197 


22,754 
26, 450 

36,  449 
48,  211 

(NA) 

23,  487 
30,  657 

37,  208 

(NA) 
2, 963 
5,792 
11,003 


6,384 
8,571 
14,  804 
22,  957 

(NA) 

7,462 
13, 0S3 
18,  672 

(NA) 
1,109 
1.721 
4,285 


ion.  o 
100.0 
100.  0 
100.0 


(NA) 
13.1 
21.7 
29.5 


100.0 
100.0 
100.0 

ioo.o 

(NA) 
88.4 
82.9 
77.8 


100.0 
100.0 
100.0 
100.0 


(NA) 
28.5 
25.4 
27.4 


100.  0 
100.0 
100.0 
100.  0 


100.0 
100.0 
100.0 
100.0 


(NA) 
12.9 
11.6 
18.7 


-5,547 
-12,613 

-IS,  6(50 


(NA) 
-6,  443 
-9,  103 


(NA) 
-6, 170 
-9,  557 


-1,415 
-3,  297 
-1,341 


-3,696 
-9,  999 
-11,762 


(NA) 
-7,  170 
-6,  551 


-2.  1*7 
-6,233 

-8,  153 


(NA) 
-15.8 
-18.2 


(NA) 
-54.4 
-45.7 


-31.0 

-37.5 
-29.6 


(NA) 
-33.4 
-24.9 


(NA) 
-57.5 
-45.9 


-20.1 
-31.9 
-11.2 


(NA) 
-34.fi 
-9.2 


(NA) 
-23.7 
-17.6 


-14.0 
-27.4 
-24.4 


(NA) 
-23.4 
-17.6 


(NA) 
-48.8 
-47.4 


-25.5 
-42.1 
-35.5 


27,  809,  (163 

26,  787.  000 

27,  406,  670 
29, 037,  677 

23,  480, 997 

24,  342,  000 
20,  769,  470 
20, 122,  016 

3, 918.  066 
2.  445, 000 
6.  637, 100 
S,  915,  561 


24o,615 
2X7.  500 
357.203 
404,  753 


3d,  2S1 
40,  800 
70,  100 

97,  :;;i5 


1. 166,  705 
1,281.000 
1,  604, 139 
1,  649,  896 

911,  267 
1,  015, 100 

1,132.83(1 
1, 026,  950 

255,  528 
265, 900 
471.300 
622,  946 


3,  094.  635 
3,  485,  000 
4,251,312 
5,088,016 

2,531,411 

3,15ll,:iiill 

3,  388,  212 

4,  018,  202 


1, 054,  500 
1, 239,  700 
1,  529,  214 
2, 160,  391 

941,668 
1,  069,  000 
1.  296,  914 
1,  769, 013 

112,  832 
170, 100 
232, 300 
391,  378 


100.0 
100.0 
100. 0 
100. 0 


100.  0 
100.0 
100. 0 
100.0 


100.0 
100.0 
100.0 

100.0 


79.2 
70.6 
62.2 


100.0 
100.  0 
100.0 
100.0 


51"),  221 
334,  700 
863.  100  i  20.3 

,069,814  21.0 


100.0 
100.  0 
100.0 
100.0 


2,  336, 364. 000 

1,728,323.000 

1,075,299,900 

794, 198,  224 

100.0 

100.0 
100.0 
100.0 

1, 987,  395, 000 

1,541,734,000 

828, 060,  900 

523,  764,  711 

85.1 
89.2 
77.0 
65.9 

347,  969, 000 
186,  689,  000 
247,  233, 000 
270, 433,  513 

14.9 
10.8 
23.0 
34.1 

54,  319.  000 
29.  565,  000 
27,  869, 355 
19,  938,  764 

100.0 
100.0 
100.0 
100.0 

46,  986,  000 
25,  326,  000 
22,  877, 355 
13,  971,  447 

86.5 
85.7 
82.1 
70.1 

7. 333, 000 
4, 239, 000 
4,  992, 000 
5, 967,  317 

13.5 
14.3 
17.9 
29.9 

218,  443, 000 
143,  461, 000 
12S,  062, 581 
97, 162,  895 

100.0 
100.0 
100.0 
100.0 

156,  624, 000 
98, 339, 000 
92,  264,  581 
60, 184,  332 

71.7 
68.5 
72.0 
61.9 

61,  819,  000 
45,122,000 
35,  798, 000 
36, 978, 563 

28.3 
31.5 
28.0 
38.1 

371, 878, 000 
264, 938,  000 
205, 168, 134 
180,  699,  727 

100.0 

100.0 
100.0 
100.0 

289,  693, 000 
230, 996, 000 
157, 466, 134 
142, 235,  307 

77.9 
87.2 
76.7 
78.7 

82, 185, 000 
33, 942.  000 
47,  702, 000 
3S,  454, 420 

22.1 
12.8 
23.3 
21.3 

62,  650, 000 
68, 933, 000 
59, 094,  524 
57,  814,  857 

100.0 
100.0 
100.0 
100.0 

55,  445, 000 
59,  592,  000 
49,  689,  524 
45,  770, 678 

88.5 
86.4 
84.1 
79.2 

7,  205, 000 
9,341,000 
9, 405, 000 
12,  044, 179 

11.5 
13.6 
15.9 
20.8 

85.24 
64.52 
39.24 
27.36 

63,  078, 000 
35, 376, 000 
61, 066, 000 
104, 809, 000 

2.32 
1.32 
2.23 
3.61 

2.7 
2.0 
6.7 
13.2 

63.34 

26.03 

88.81 
76.31 
37.25 
30.33 

63, 678, 000 
35,  375, 000 
61,  006,  000 
104, 809, 000 

16.25 
14.47 
9.20 
11.76 

18.3 
19.0 
24.7 
38.8 

218. 49 
102.  83 
78.02 
49.26 

1, 848, 000 
1,269,000 
1,  098, 000 
1, 834, 000 

7.43 
4.41 
3.07 
4.63 

3.4 

4.3 
3.9 
9.2 

224.  45 

79.68 

45.45 

186.68 
103.  90 
71.21 
61.29 

1, 848, 000 
1, 269, 000 
1, 098, 000 
1, 834, 000 

47.05 
31.10 
15.66 
18.84 

25.2 
30.0 
22.0 
30.7 

187.  22 
111.99 
79.83 
58.89 

16, 135, 000 
10. 068, 000 
8,  735, 000 
11, 662, 000 

13.83 
7.85 
5.45 

7.08 

7.4 
7.0 
6.8 
12.0 

241.93 
169.  70 
75.96 
58.60 

16, 135, 000 
10, 058, 000 
8,  735, 000 
11,662,000 

63.14 
37.83 
18.53 
18.72 

26.1 
22.3 
24.4 
31.5 

120. 17 
76.02 
48.26 
35.51 

20,  300, 000 
10, 402, 000 
10,  685, 000 
13, 926,  000 

6.56 
2.98 
2.51 
2.74 

5.5 
3.9 
5.2 

7.7 

114.  44 

35.40 

145.  92 
101.41 
55.27 
35.95 

20, 300, 000 
10, 402, 000 
10, 685,  000 
13,926,000 

36.04 
31.08 
12.38 
13.02 

24.7 
30.6 
22.4 
36.2 

59.41 
55.60 
38.64 
20.76 

1,765,000 
2, 722, 000 
2,  314,  000 
2,  968, 000 

1.67 
2.20 
1.51 
1.37 

2.8 
3.9 
3.9 
5.1 



63.86 
54.91 
40.49 
30.77 

1,765,000 
2,  722, 000 
2,  314, 000 
2, 968,  000 

15.64 
16.00 
9.96 

7.58 

24.5 
29.1 
24.6 
24.6 

48 


FARM-MORTGAGE  DEBT 


Table  4. — Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  Rented  '  and  Managed  Land,  by  Mortgage  Status,  by  Divisions 

and  States:  1940-56 — Continued 

[For  1956  and  1950,  no  data  are  included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  included  with  Maryland] 


Area  and  mortgage  status 


Percent 
distribu- 
tion 


Increase  or  decrease 
(—)  from  preceding 
Census 


Number      Percent 


Land  in  farms 


Percent 
distribu- 
tion 


Value  of  land  and  buildings 


Percent 
distribu- 
tion 


Amount  of  mortgage  debt 


Ratio 
to  value 
(per- 
cent) 


SOUTH  ATLANTIC— Con. 

North  Carolina 

All  farms - 1956- 

1950- 
1945.. 
1940-. 

Free  from  debt 1956-. 

1950- 
1945- 
1940-. 

Mortgaged - 1956-. 

1950- 
1945- 
1940-. 

South  Carolina 

All  farms 1956.. 

1950- 

1945. 
1940- 

Free  from  debt 1956- 

1950. 
1945. 
1940. 

Mortgaged 1956. 

1950. 
1945. 
1940- 


.1956.. 
1950. 
1945.. 
1940- 

-1956. 
1950. 
1945. 
1940. 

.1956. 
1950- 
1945. 

1910 


Free  from  debt- 


Free  from  debt.. 


.1956.. 
1950 
1945- 
1940 

.1956 
1950- 
1945. 
1940 

.1956- 
1950. 
1945. 
1940. 


EAST  SOUTH  CENTRAL 

Kentucky 

All  farms 1956. 

1950- 
1945- 
1940- 

Free  from  debt- 1956— 

1950- 
1945.. 
1940- 

Mortgaged 1956. 

1950— 

1945- 
1940- 


97, 150 
111,001 
123, 127 
124, 041 

(NA) 

94,994 
103.  091 

89,754 

(NA) 
16,  007 
19,  436 
34.287 


49,  225 
63,587 

50.  502 
77,  691 

(NA) 
53,429 
64,546 
58,095 

(NA) 
10,158 
15,956 
19,  696 


58,205 
85,  664 
122,546 
130,  852 

(NA) 
65, 164 
94,836 
90,507 

(NA) 

20,  500 
27,  710 
40,345 


5,163 
7,955 
12, 121 
17, 313 

(NA) 
6,242 
9,370 
10, 813 

(NA) 
1,713 
2,751 
6,500 


(NA) 
40,181 
52,  336 
63,007 

(NA) 
9.347 
11,944 
21,283 


100.0 
100.0 
100.0 
100.0 

(NA) 
85.6 
84.2 
72.4 

(NA) 
14.4 
15.8 


100.0 
100.0 
100.0 
100.0 

(NA) 
84.0 
80.2 
74.8 

(NA) 
16.0 
19.8 
25.2 


100.0 
100.0 
100.0 
100.0 

(NA) 
76.1 
77.4 


(NA) 
23.9 
22.6 


100.0 
100.0 
100.0 
100.0 


(NA) 
21.5 
22.7 
37.5 


100.0 
1000 
100.0 
100.0 

(NA) 
81.1 
81.4 
74.8 

(NA) 
18.9 
18.6 
25.2 


(NA) 
-8,  697 
13,  937 


(NA) 
-3,  429 
-14,851 


-14,362 

-16,915 

2,811 


(NA) 
-11,117 

6,451 


(NA) 
-20.672 
4,329 


(NA) 
-7,  210 
-12,635 


-2,702 
-4,  166 
-5,192 


(NA) 
-3,128 
-1,443 


(NA) 
-1.03S 
-3,  749 


-10,723 
-14.  752 
-20,010 


(NA) 
-12,  155 
-10,  671 


-12.5 
-9.  S 

-.7 


(NA) 

-8.4 
15.5 


(NA) 
-17.6 
-43.3 


(NA) 
-17.2 
11.1 


(NA) 
-36  3 
-18.6 


-32.1 
-30.1 
-6.3 


(NA) 
-26.0 
-31.3 


-35.1 
-34.4 
-30.0 


(NA) 
-33.4 
-13.3 


(NA) 
-37.7 
-57.7 


-21.7 
-22.9 
-23.7 


(NA) 
-23.2 
-16.9 


(NA)     (NA) 
-2,  597    -21.  7 
-9,339    -43.9 


6, 016, 667 
6, 853,  700 
7, 097,  495 
7, 9S1, 605 

100.0 
100.0 
100.0 
100.0 

4,  969, 767 

5,  689,  700 
5,  679, 095 
5,  715, 120 

82.6 
83.0 
80.0 
71.6 

1, 046, 900 
1, 164, 000 
1, 418, 400 
2,  266,  485 

17.4 
17.0 
20.0 
28.4 

3,  546,  355 

4,  292,  200 

4,  417,  693 

5,  407,  301 

'100.0 
100.0 
100.0 
100.0 

3, 067,  597 
3,812,200 
3,  365, 193 
3.  752,  504 

86.5 
88.8 
76.2 
69.4 

478.  758 

480,  000 

1, 052,  500 

1,  654,  797 

13.5 
11.2 
23.8 
30.6 

7, 476,  572 
9,  373,  600 
10,  440,  010 
12,  785, 108 

100.0 
100.0 
100.0 
100.0 

5,  973,  781 
7,  473. 300 
7,  559,  210 
7,952,686 

79.9 
79.7 
72.4 
62.2 

1,  502,  791 

1,  900,  300 

2,  880,  800 
4,  832,  422 

20.1 
20.3 
27.6 
37.8 

7, 118.  384 
6,  741,  600 
4,  991, 168 
4, 181, 196 

100.0 
100.0 
100.0 
100.0 

5,  943,  851 
5,  786.  700 
3.811,068 
2,  209,  586 

83.5 
85.8 
76.4 
62.8 

1, 174,  533 

9.54,900 

1, 180, 100 

1,  971, 610 

16.5 
14  2 
23.6 
47.2 

4. 078, 197 

4.  993,  600 

5,  286,  320 
6, 396,  681 

100.0 
100.0 
100.0 
100.0 

3,  291, 105 
4,159,000 

4,  091,  720 
4, 184,  887 

80.7 
83.3 
77.4 
65.4 

787. 092 

834,  600 

1. 194.  600 

2,  211,  794 

19  3 
16.7 
22.6 
34.6 

1, 028, 855, 000 
765, 108, 000 
406,  734,  514 
316,  684, 376 

836,  459, 000 
663,  795, 000 
321,  545,  514 
215,  447,  974 

192, 396, 000 
101,313,000 
85, 189,  000 
101,  236, 402 


326,  510, 000 
299,  998,  000 
176.  70S.  309 
152.543,800 

266,  437, 000 
259. 365, 000 
135.  702,  309 
99,  521,  768 

60.  079. 000 
40,  633, 000 
41, 006, 000 
63, 022, 032 


444,  125, 000 
385,426,000 
273,  969,  3S7 
244, 118. 064 

325,  98S.  000 
294,  285,  000 
200,  826, 387 
143,  214, 664 

118, 137,  000 
91,141,000 
73, 143, 000 

100,  903, 400 


807,  573.  000 
266,  915, 000 
154.  748,  981 
116,328,650 

719.  548,  000 
186,311.000 
113,  337,  981 
66,  561, 684 

88.  025, 000 
80.  604, 000 
41,411,000 
49,  766, 966 


503,  528, 000 
479,  346, 000 
301,  598,  367 
249,  723,  433 


116,315.000 
74,  666, 000 
81,578,000 

100, 390, 356 


100.0 
100.0 
100.0 
100.0 


100.0 
100.0 
100.0 
100.0 


18.4 
13.5 
23.2 


100.0 
100.0 
100.0 
100.0 

73.4 
76.4 
73.3 
58.7 


23.6 
26.7 
41.3 


100.0 
100.0 
100.0 
100.0 


100.0 
100  0 
100.  0 
100.0 


23.1 
15.6 
27.0 
40.2 


171.00 
111.  63 
57.31 


168.31 
116.  67 
56.62 
37.70 

183.78 
87.04 
60.06 
44.67 


68.04 
40.  33 
26.52 


125.  49 
84.65 
38.96 
32.04 


59.40 
41.12 
26.24 
19.09 


78.61 
47.96 
25.39 

20.  vs 


113.45 
39.59 
31.00 
27.82 

121.06 
32.20 
29.74 
30.12 

74.94 
84.41 
35.09 
25.24 


123.  47 
95.99 
57.05 
39.04 

117.  65 
97.30 
53.77 
35.68 

147.  78 
89.46 
68.29 
45.39 


53,  871, 000 
25,  603.  000 
24, 023, 000 
34, 411, 000 


53, 871, 000 
25,  603,  000 
24, 023,  000 
34,411,000 


15,  440,  000 
7,  429, 000 
11,  728,  000 
16,944,000 


29,  298, 000 
20,  693, 000 
20.  699, 000 
36,  617, 000 


29,  298. 000 
20,  693. 000 
20,  699,  000 
36,  617, 000 


15,  052. 000 
21.  422, 000 
7.  578, 000 
13,054,000 


15, 052,  000 
21,  422,  000 
7,  578, 000 
13, 054, 000 


32,  917. 000 
19,  072, 000 
21, 129, 000 
34, 456, 000 


32,917,000 
19,  072. 000 
21, 129,  000 
34,456,000 


3.74 
3.38 
4.31 


51.46 
22.00 
16.94 
15.18 


32.25 
15.48 
11.14 
10.24 


19.50 
10.89 
7.19 
7.58 


2  11 
3.18 
1.52 

3.12 


12.82 
22.43 
6.42 
6.62 


8.07 
3.82 
4.00 


NA    Not  available. 

1  The  data,  except  for  number  of  farms,  include  figures  for  the  rented  portion  of  part-owner  farms. 


FARM-MORTGAGE  DEBT 


49 


Table  4. — Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  Rented  '  and  Managed  Land,  by  Mortgage  Status,  by  Divisions 

and  States:  1940-56 — Continued 

[For  1956  and  1950,  no  data  are  included  for  tbe  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  Include;  with  Maryland] 


Area  and  mortgage  status 


Percent 
distribu- 
tion 


Increase  or  decrease 
(  —  )  from  preceding 
Census 


Number      Percent 


Land  in  farms 


Percent 
distribu- 
tion 


Value  of  land  and  buildings 


Amount  of  mortgage  debt 


IVrcent 
distribu- 
tion 


li  erage 

per  acre 
(dollars) 


Average 
per  acre 

(dollars) 


All  farms. 1956. 

1950. 
1945. 
1940- 


Frce  from  debt. 


.1956 
1950.. 
1945.. 
1940- 

.1955- 
1950. 
1945. 
1940. 


All  firms 1956 

1950 

1945.. 

1940- 

Free  from  debt 1956. 

1950. 
1945. 
1940. 

Mortgaged 1956- 

1950. 
1945. 
1940- 


Ul  farms - ...1956- 

1950.. 
1945.. 
1940- - 

Free  from  debt 1956— 

1950- 
1945- 
1940- 

Mortgaged - 1956  . 

1950. . 
1945.. 
1940- 

west  south  central 


.1956. 
1950. 
1945. 
1940. 

.1956. 
1950. 
1945. 
1940. 

.1956. 
1950. 
1945. 
1940. 


Free  from  debt. 


Free  from  debt.. 


-1956- 
1950- 
1945- . 
1940. - 

.1956.. 
1950.. 
1945- 
1940.- 


Murtgaged 1956-. 

1950- 
1945.- 
1940. - 


51,  574 
68. 110 
77.  744 
100. 174 

(NA) 
53,  889 
62,  743 
68,477 

(NA) 

14,  221 

15.  001 
31,  697 


(NA) 
69,  831 
78,  707 
81,  652 

(NA) 
18.  218 
31,  372 
54,987 


99,  928 
130,654 
157.  223 
193, 826 

(NA) 
95,241 
109, 138 
102,045 


48.901 
69, 146 
89,171 
116,  038 

(NA) 
52.  707 
65,  369 
76,  514 

(NA) 

16,  439 
23.S02 
39,524 


38,052 
49,  787 
64,101 
89, 695 

(NA) 
41,144 
48,  320 


100.0 
100.0 
100  (I 
100.0 


(NA) 
20.9 
19.3 
31.6 


100  0 
100.0 
100  0 
100.0 


100.  0 
100.  0 
100.0 
100.  0 


100.0 
100.0 
100.0 
100.0 


IOC.  0 
100.0 
100.0 
100.0 


(NA) 
17.4 
24.6 
34.2  I 


(NA) 
-8,854 
-5,734 


-26,959 
-22,030 
-26,  560 


(NA) 
-8,  876 
-2,945 

(NA) 
-11.3 
-3.6 

(NA) 

-13,  154 
-23,  615 

(NA) 
-41.9 
-42.9 

(NA) 
-13.897 
7,093 


(NA) 
-12,672 

-43,690 


-20.21.' 
-20.025 
-26,  867 


(NA) 
-12,  662 
-11,145 


(NA) 
-7,  363 
-15,722 


-11,735 
-14,314 

-25,  594 


(NA) 
-7, 176 
-10,  669 

(NA) 
-7, 138 
-14,  925 


-24.3 
-12.4 
-22.4 


-44.  1 
-20  0 
-19.4 


-23.5 
-16.9 
-18.9 


(NA) 
-19.4 
-14.6 


-23.6 
-22.3 
-28.5 


(NA) 
-14.9 
-18.1 


4,  726,  701 

5.  (',03,  BOO 

5.  693.  149 

6,  833,  505 

3,  932,  615 

4,  693,  900 
4,  346. 149 
4,  162,  556 

794. 0S6 
1,010,000 

1,317.000 
2,  670.  949 


6,  742,  173 

7,  704.  100 
7,  798,  341 
9,  421,  674 

5.  333,  059 
5,  916. 100 
5.  132.  941 
4.  854.  464 

1.  409. 114 

1,  788.  200 

2,  665,  400 
4,  567,  210 


0,608.6X6 
7, 049,  700 
7,  364,  344 
8, 467, 830 

4,897,036 
5. 104, 200 
4. 814, 944 
4, 631,  427 

1,711,650 
1,945.500 
2,  549.  400 
3, 836.  403 


6.  1-19.  2X3 
6.  460,  300 
6,201.219 
8, 115,  998 

4.  267,  602 
4,  606,  300 
4,154,219 
5,247,915 


1,854.000 
2,  047.  000 

2,  868,  0S3 


4,172.  198 
3,  SOX,  600 
2,801,929 
3,  335,  720 

753,  710 
1,  008,  300 
1.419,900 
1,618,641 


100  0 
100  0 
100.0 
100.0 

83  2 

82.0 
76.3 


18.0 
23.7 
39.1 


100  0 
100  0 
100  0 
100.0 

79.1 
76.8 
65.8 
51.5 

20.9 
23.2 
34.2 


100.0 
100.0 
100.0 
100.0 

74.1 
72.4 
65.4 
54.7 

25.9 
27.6 
34.6 
45.3 


100.0 
100.0 
100.0 
100.0 

69.4 
71.3 
67.0 
64.7 


28.7 
33.0 

35.3 


100.0 
100.0 
100.0 
100.0 

84.7 
79.3 
66.4 
67.3 

15.3 
20.7 
33.6 
32.7 


498,  424, 000 
-150.  612,  000 
275,  351,  417 
238,  191,  404 

418.676.000 
341.116,000 
207,  692.  417 
137,  189,  903 

79,  748, 000 
109,  496,  000 

67,  659. 000 
101,001,441 


416,  326.  000 
373.810,000 
229.  241,  506 
199,  744.  302 

320,  571, 000 
260,  335.  000 
149. 198.  506 
100.  752,  281 

95,  755,  000 
113,  475.  000 
80.  043,  000 
9S,  992, 021 


574, 143,  000 
439, 993.  000 
292, 086. 678 
244, 329,  733 

404,771,000 
279, 900, 000 
165, 940, 678 
117,  719, 133 

169,  372,  000 
160,093,000 
126,  146,  000 
126,  610,  600 


678,  635,  000 
493, 093, 000 
285,621,412 
230,  758. 419 

427.  540, 000 
344,  218,  000 
177.  190.  412 
128,  469, 110 

251.095,000 
148, 875,  000 
108.  431,  000 
102,  289, 309 


585,  378. 000 
3S4.  549. 000 
207,  079,  149 
180,  429,  372 

496.  401,  000 
297.  929. 000 
133,  682. 149 
113.962,716 

88,  977, 000 
86,  620,  000 
73,  397,  000 
66,  466,  656 


100  0 
100  0 
100.0 
100.0 


16.0 
24.3 
24.6 
I.'  i 


100.0 
100.0 
100  0 
100.0 


100.0 
100.0 
100.0 
100.0 

70.5 
63.6 
56.8 


100.0 
100.0 
100.  0 
100.0 


100.0 
100.0 
100.0 
100.0 

84.8 
77.6 
64.6 
63.2 

15.2 

22.5 
35.4 


100  43 
108.  41 
50.23 
37.81 


61.75 
48.52 
29.40 
21.20 

60.11 
44.00 
29.07 


67.  95 
63  46 
30.03 
21.67 


86.87 
62.41 
39.  66 
28.85 

82.66 
54.84 
34.46 
25.42 

98.95 
82.29 
49.  4S 
33.00 


110.36 
76.33 
46.06 
28.43 

100.18 
74.73 
42.65 
24.48 

133.44 
80.30 
52.97 
35.66 


118.83 
78.85 
49.05 
36.42 


118.  05 
85.91 
51.69 
41.06 


19,  379,  000 
24,  557, 000 
19.  892,  000 
33,711,000 


19.  379,  000 
24,  557,  000 
19.  892.  000 
33,711,000 


23.400,000 

24.  998,  000 

25,  694.  000 
38.  293.  000 


23.  4m.  000 

24.  998.  000 

25.  694,  000 
38,  293,  000 


46,  577,  000 
41,304,000 
39,  S62,  000 
48, 103,  000 


46.  577.  000 
41,304.000 
39.862,000 
48, 103.  000 


60.  263.  000 
36.  449.  000 
27,  325,  000 
32,  632, 000 


60.  263.  900 
36,  449.  000 
27,  325.  000 
32,  632  000 


26.  693.  000 
19,056,000 
21,872.000 
23, 053,  000 


26,  693,  000 
19,  056,  000 
21,  872.  000 
23,  053. 000 


4.10 
4.38 
3  19 


16  65 
13  98 
9.64 


27.21 
21.23 
15.64 
12.54 


9.80 
5.64 
4.41 
4.02 


32.03 
19.66 
13.35 
11.38 


5.42 
3.91 
5.18 
4.65 


35.42 

18.90 
15.40 
14.24 


NA    Not  available. 

i  The  data,  except  for  number  of  farms,  include  figures  for  the  rented  portion  of  part-owner  farms. 


50 


FARM-MORTGAGE  DEBT 


Table  4. — Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  Rented  '  and  Managed  Land,  by  Mortgage  Status,  by  Divisions 

and  States:  1940-56 — Continued 

[For  1956  and  1950,  no  data  are  included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  included  with  Maryland] 


PercenI 
distribu- 
tion 


Number      Percent 


Land  in  farms 


Percent 
distribu- 
tion 


Value  of  land  and  buildings 


Percent 
distribu- 
tion 


Average 
per  acre 
(dollars) 


Amount  of  mortgage  debt 


Average 
per  acre 

(dollars) 


Ratio 
to  value 
(per- 
cent) 


Free  from  debt. 


Free  from  debt.. 


.1956.. 
1950. . 
1945. . 
1940.. 

.1956.. 
1950- . 
1945.. 
1940.. 

1956. . 
I960.. 
1945. . 
1940. . 


.1956- 
1950. 

1945. 
1940. 

.1956. 
1950 
1945. 
1940- 

.1956. 
1950. 
1945. 
1940. 


MOUNTAIN 
Montana 


Free  from  debt. 


Free  hum  debt 


1956. 
1950. 
1945. 
1940. 

.1956. 
1950. 
1945. 
1940- 

.1956. 
1950- 
1945. 
1940. 


.1956 
1950. 
1945. 
1940. 

.1956. 
1950. 
1945. 
1910. 


Mortgaged 


Free  from  debt 


.1956 
1950. 
1945. 
1940. 


.1956.. 
1950 
1845 

19  ID 


29,  480 
45,208 
66,  469 
98,  601 

(NA) 
36,  337 
51,882 
68,947 

(NA) 
8,871 
14,  587 
29,  654 


77,  787 
103,195 
147,  370 
207, 820 

(NA) 
79,  776 
113,  757 
149, 035 

(NA) 

23,  419 
33, 613 
58,785 


5,038 
5,422 
6,595 
11, 939 

(NA) 
4,243 
6,548 
9,246 

NA 
1,179 
1,047 
2,693 


7,447 
8,604 
11,  438 

(NA) 
5,594 
6,189 
6,836 

(NA) 
1,853 
2.415 
4,602 


100.0 
100.0 
100.0 
100.0 

(NA) 


(NA) 
19.6 
21.9 


100.0 
100. 0 
100.0 
100.0 

(NA) 
77.3 
77.2 
71.7 

(NA) 
22.7 
22.8 
23.3 


100.0 
100.  0 
100.0 
100.0 


Mortgaged 1956.. 

1950. 
1945. 
1940. 


100.0 
100.0 
100.0 
100.0 

(NA) 
75.1 
71.9 


(NA) 
24.9 
28.1 
40.2 


100.0 
100.0 
100.0 
1(111.0 


(NA) 
19.4 
26.1 
32.7 


-15,728 
-21.  261 
-32, 132 


(NA) 
-15,  545 
-17,  065 


(NA) 
-5,  716 
-15,067 


-25, -ills 
-44, 175 
-60,  450 


(NA) 
-33, 981 
-35,  278 


(NA) 
-10,194 
-25, 172 


-384 
-1,173 
-5,  344 


(NA) 
-1,305 
-3,  698 


NA 

132 
-1,646 


(NA) 
-562 
-2, 187 


(NA) 
-30.0 
-24.8 


-24.6 
-30.0 
-29.1 


(NA) 
-29.9 
-23.7 


(NA) 
-30.3 
-42.8 


(NA) 
-23.5 
-40.0 


NA 

12.6 
-61.1 


(NA) 
-23.3 
-47.5 


-13.9 
-18.7 
-25.6 


(NA) 
-11.4 
-18.2 


(NA) 
-39.3 
-40.7 


15,  926,  500 
17,  634,  300 
19,411,809 
21,450.645 

12.  597, 862 
14,817,400 
14,  247, 409 

13,  637,  685 

3,  328,  638 
2,  S16.  900 
5,164.400 
7,812,960 


72,  273,  748 
74, 872, 800 
71.  958, 259 
77,  737,  942 

58. 180,  367 
57,  262,  500 
49. 605, 059 
38,  634, 057 

14,  093,  381 
17,  610, 300 
22.  353,  200 
39, 103,  885 


25.  936.  621 
24,  895, 400 
28,371,041 

26.  475,  772 

23, 135,  466 

22,  794,  700 

23,  345,  341 
19,  503,  917 

2,801,155 
2, 100,  700 
5, 025,  700 
6.911,855 


5,  400,  787 
4.  698,  000 
4,  641,  864 
4, 086, 085 

4,381,927 
3,  995,  700 
3,  279,  564 
2, 384,  688 

1,027,860 

702, 300 

1,362.300 

1,701,397 


17,  204,  359 

18,  389,  600 
18,  359,  235 
15,  446,  768 

15,  518, 332 

16,  901, 500 
13,  695,  535 
10, 316,  922 

1,686,027 
1,  488, 100 
4,  663,  700 
5, 129,  846 


100.0 
100.0 
100.0 
100.0 


84.0 
73.4 
63.6 

20.9 
16.0 
26.6 
36.4 


100.0 
100.  0 
100.0 
100.  0 


19.5 
23.5 
31.1 

50.3 


100.0 
100.0 
100.0 
100.0 


91.6 
82.3 
73.9 


100.0 
100.  0 
100.0 
100.0 


19.0 
14.9 
29.3 
41.6 


100.  0 
100.0 
100.0 
100.0 

90.2 
91.9 
74.6 


1,  087,  927, 000 
894,411,000 
552,  739, 000 
463,  947,  438 

100.0 
100.0 
100  0 
100.0 

847,  495,  000 
744,  495, 000 
411,698,000 
233, 836,  519 

77.9 
83.2 
74.5 
61.2 

240,  432, 000 
149,916,000 
141,041.000 
180,110,919 

22.1 
16.8 
25.5 
38.8 

4.  594,  673.  000 
3,  087,  450,  000 
1. 640, 887,  231 
1,  356,  096, 156 

100  0 
100.0 
100.0 
100.0 

3, 326.  543,  000 

2,399,701,000 

1,116,927,231 

741,  271,  914 

72.4 
77.7 
68.1 
54.7 

1.  263, 130,  000 
687,  749,  000 
523,  960, 000 
614,821,242 

27.6 
22.3 
31.9 

45.3 

527,  599, 000 
354, 947,  000 
193,601,077 
155,  289,  832 

100.0 
100.0 
100.0 
100.0 

414,  693, 000 
302,  572, 000 
157,  667, 077 
105,810,166 

78.6 
85.2 
81.4 
68.1 

112.  906,  000 
52,  375, 000 
35.  934,  000 
49.  473. 666 

21.4 
14.8 
18.6 
31.9 

524,  396,  000 
321,665,000 
173,  682,  038 
126,  718,  839 

100.0 
100.0 
100.0 
100.0 

362,  882,  000 
250, 474,  000 
119,  530, 038 
66, 434, 833 

69.2 
77.9 
68.8 
52.4 

161,514,000 
71,191,000 
54,152,000 
60, 284, 006 

30.8 
22.1 
31.2 

47.6 

214,  566,  000 
177,  258, 000 
95,  380, 337 
67,  762,  465 

100.0 
100.0 
100.0 
100.0 

179, 806, 000 
152.  280, 000 
70, 429,  337 
39,  204,  363 

83.8 
85.9 
73.8 
57.9 

34,  760.  000 
24,  978, 000 
24,  951,  000 
28,  558, 102 

16.2 
14.1 
26.2 
42.1 

63.31 
50.72 
28.47 
21.03 

67.27 

50.24 
23.  90 
20.81 


53.  22 
27.31 

2:i.H5 


SO  9S 
39.05 
23.44 
15.72 


20.  34 
14.26 
6.82 
5.87 

17.92 
13.27 
6.75 


40.  31 
24.93 
7.15 


96.93 
68.47 
37.42 
31.01 

82.81 
62.69 
36.45 
27.86 


47,  606,  000 
29,  399.  000 
40,  056, 000 
63, 825,  000 


233, 336,  000 
123, 592,  000 
113, 175,  000 
189,  456,  000 


233,  336,  000 
123,  592. 000 
113, 175.  000 
189,  456,  000 


24,  275,  000 
9, 078,  000 
8,  337, 000 

18, 820,  000 


24,  275. 000 
9, 078,  000 
8, 337,  000 

18, 820, 000 


34,  241,  000 
11,815,000 
12,  401,  000 
19,  421, 000 


34,241.000 
11,815,000 
12,401,000 
19,421,000 


7,  300,  000 

4,  608,  000 

5,  514,  000 
9,  658,  000 


7,  300,  000 

4.  608,  000 

5,  514,  000 
9.  658.  000 


14.30 
10.44 
7.76 
8.17 


3.23 
1.65 
1.67 
2.  44 


0.91 
0.  36 
0.  29 
0.71 


8,67 
4.32 
1.66 

2.72 


6.33 
2.51 
2.67 
4.76 


0.42 
0.25 
0.30 
0.63 


4.33" 
3.10 
1.18 


FARM-MORTGAGE  DEBT 


51 


Table  4. — Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  Rented  '  and  Managed  Land,  by  Mortgage  Status,  by 

Divisions  and  States:  1940-56 — Continued 

(For  1966  and  1960,  no  data  are  Included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  included  with  Maryland) 


Area  and  mortgagee  Btatus 


Percent 
distribu- 
tion 


Increase  or  decrease 
(  — )  from  preceding 


MOUNTAIN-Con. 


Free  from  debt. 


.19S6. 
19.50. 
1945. 
1940. 

.1956. 
1950. 
1945. 
1940. 


Mortgaged 1956, 

1950.- 

1945 

1940 

New  Mexico 

All  farms 1956. 

1950.. 

1945 

1940.. 

Free  from  debt 1956. 

1950. 
1945. 
1940- 

Mortgaged 1956. 

1950. 
1946. 
1940. 


Arizona, 


Free  from  debt  . 


.1950. 
1950. 
1945. 
1940. 

.1956. 
1950. 
1915. 
1940. 

.1956. 
1950. 
1945. 
1940. 


Free  from  debt... 


Mortgaged. 


.1956.. 
1950. 
1945. 
1940. 

.1956. 
19.50. 
1945. 
1940. 

.1956. 
1950. 
1945. 
1940. 


Free  from  debt. 


.1956.. 
1950  . 
1945 
1940. 

.1956.. 
1950. . 
1945.. 
1940.. 

.1956  . 
1950.. 
1945. . 
1940.. 


0,277 
10,  741 
13,  823 
19,609 

(NA) 
7,759 
10,822 
14, 3S9 

(NA) 
2,982 
3,001 
5,220 


2,652 
3,335 
4,375 
6,075 

(NA) 
2,372 
3.464 
3,808 


1,579 
2,211 
2.633 


1,420 
1,951 
2,399 
3,605 

(NA) 
1,401 
1,948 


100.0 
100.0 
100.0 
100.  0 


(NA) 
27.8 
21.7 
26.6 


100.0 
100.0 
100.0 
100.0 

(NA) 
71.1 
79.2 
62.7 


100.0 
100.0 
100.0 
100.0 

(NA) 
62.8 
78.2 
72.5 

(NA) 
37.2 
21.8 
27.5 


100.0 
100.0 
100.0 
100.0 

(NA) 
71.8 
81.2 
70.9 

(NA) 
28.2 
18.8 
29.1 


100.0 
100.0 
100.0 
100.0 

(NA) 
72.0 
83.6 
63.2 

(NA) 
28.0 
16.4 


-1,464 
-3,  082 
-5,  786 


(NA) 
-19 
-2,219 


-783 
-1,040 
-1,700 


(NA) 

52 
-1.356 


(NA) 


-13.6 
-22.3 

-29.5 


(NA) 


-23.6 
-23.8 
-28.0 


(NA) 
-42.7 
-9.3 


(NA) 
22.0 
-33.7 


-26.9 
-18.7 
-31.6 


CNrA) 
22.0 
-65.7 


-19.2 
-27.1 
-28.9 


15,972,443 

16,  486, 100 
17, 386, 021 

17,  778,  460 

13, 267, 128 
13.  805, 100 
13,383,121 
13, 015, 960 

2,715,315 
2,621,000 
4, 002, 900 
4,  762,  509 


29, 097,  684 
27,  726,  600 
30, 186,  904 
21,  685, 987 

27, 119, 041 
26,  447, 000 
23,  093.  404 
16,613,051 

1,978,643 
1,279,600 
7, 093,  500 
5,  072,  930 


33,  882,  067 
33.  463, 800 
33, 898,  794 
14, 054,  629 

32, 832, 304 
32.  275,  600 
31,721,994 
12,  710,  756 

1. 050, 363 
1,188,200 
2, 176,  800 
1.343,774 


5,211.518 
4,  508,  800 
4,174,819 

2,  548,  934 

4,  773,  750 
4.  318,  400 

3.  322,019 
1,510,959 

437,768 

190.400 

852, 800 

1.037,975 


4,  336,  030 
3,  740,  200 

3,  990,  467 
2, 030,  258 

4,  019.  500 
3,  549,  700 
3,  395, 067 
1.  059,  163 


I'ercont 
distribu- 
tion 


100.0 
100.0 
100.0 
100.  0 


17.0 
15.9 
23.0 


100.  0 
100.0 
100.0 
100.0 

93.2 
95.4 
76.5 


100.0 
100.0 
100.0 
100.0 


100.0 
100.0 
100.0 
100.  0 


100.0 
100.0 
100.0 
100.0 

92.1 
94.9 
85.1 
50.9 


316,  530 

190,  500  |  5. 1 

595,  400  14.  9 

1,021,095  1  49.1 


Value  of  land  and  buildings 


664, 073, 000 
618, 348, 000 
248,627,175 
192.001,803 

506,  688, 000 
400, 402, 000 
191,026,175 
128,  655, 428 

157,385,000 
117,946,000 
57,601,000 
63,  406,  375 


514,661,000 
282,  2.50, 000 
141,  694,  450 
78,142,880 

408,641,000 

237, 423, 000 

99, 488,  450 

W, 293, 669 

100,020,000 
44,  827, 000 
42, 206,  000 
37,  849,  211 


051,023,000 
350, 339, 000 
150, 003, 359 
70, 870, 430 

679,  410,  000 
307, 165, 000 
123, 272, 359 
36,  917,  673 

71,  613, 000 
43,174,000 
26,731,000 
33.  952, 857 


139,  590.  000 
103, 173, 000 
62, 492,  778 
37,  249, 859 

112,789,000 
87, 123,  000 
49, 035,  778 
21,  034, 121 

26. 801, 000 
16,  050, 000 
13,  457, 000 
10.  215,  738 


63.  682,  000 
42,  544,  000 
27.  473,  713 
16, 379,  820 

55,  698.  000 
34,  238,  000 
22, 667,  713 
8, 320,  776 

7,  884,  000 
8, 306, 000 
4,  805, 000 
8, 059,  044 


Percent 
distribu- 
tion 


1011.0 
100.0 
10O.0 

100.0 


76.3 
77.2 

76.  S 

67.0 


lOiJ.O 
100.0 
100.0 

loo.o 


100.0 
100.0 
100.0 
100.0 

89.0 
87.7 
82.2 
52.1 

11.0 
12.3 

17.8 


100. 0 

100.  (I 
100.0 
100.0 


84  I 
78.  G 
66.5 


100.0 
100.0 
100.0 
100.0 


12.4 
19.5 

17.5 
49.  2 


Average 
per  acre 

(<loll:m.) 


41.58 
31.44 
14.30 
10.80 

38.22 
28.88 
14.27 


57.96 
45.00 
14.39 
13.31 


19.  21 
10.47 
4.43 
6.04 


68.18 
36. 34 
12.28 
23.  27 


26.78 
22.88 
14.97 
14.61 

23.63 
20.17 
14.76 
13.92 

61.22 

84.30 
15.78 
1 5.  62 


Amount  of  mortgage  debt, 


38,  402, 000 
24, 819, 000 
14, 458, 000 
21,111,000 


38,  402,  000 
24, 819, 000 
14,458,000 
21,111,000 


19,  932, 000 
6,  952, 000 
8,  948, 000 

10,  532, 000 


19,932,000 
6,  952,  000 
8,  948,  000 

10,  532, 000 


14, 323,  000 
9,  236,  000 
8,688,000 

13,  679, 000 


14,  323,  000 
9,  230,  000 
8,688,000 

13,579,000 


7,  604.  000 
3,213,000 
3, 189, 000 
5,  424,  000 


7,604,000 
3,  213,  000 
3,189,000 
."..  424,  000 


2,144,000 

2,  801,  000 
1,  677,  000 

3,  368,  000 


2, 144, 000 

2,  201,  000 
1,  677,  000 

3,  368, 000 


Ratio 
to  value 
(per- 
cent) 


2  40 
1.51 
0.83 

1.19 


1414 
9.47 
3.61 
4.43 


0.69 

II.  25 
0.30 

0.  -19 


II.  12 
11.28 
II.  211 
0.97 


13.64 

7.77 
3.99 
10.11 


1.44 
0.71 
0  78 
2.13 


17.14 
16.88 
3.74 
6.23 


0  49 
0.59 
0.42 
1.62 


NA    Not  available. 

I  The  data,  except  for  number  of  farms,  Include  figures  for  the  rented  portion  of  part-owner  farms. 


52 


FARM-MORTGAGE  DEBT 


Table  4. — Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  Rented  1  and  Managed  Land,  by  Mortgage  Status,  by  Divisions 

and  States:  1940-56— Continued 

[For  1956  and  1950,  no  data  are  included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  included  with  Maryland] 


Area  and  mortgage  stBtus 


Percent 
distribu- 
tion 


Increase  or  decrease 
(— )  from  preceding 
Census 


Number      Percent 


Land  in  farms 


Percent 
distribu- 
tion 


Value  of  land  and  buildings 


Percent 
distribu- 
tion 


Amount  of  mortgage  debt 


Average 
per  acre 
(dollars) 


Ratio 
to  value 
(per- 
cent) 


PACIFIC 

Washington 

All  farms-"-'. -...  —  1956 

1950. 
1945 
1940 

Free  from  debt ...1956 

1950 
1945 
1940 

Mortgaged- 1956 

1950 
1945 
1940 

Oregon 

All  farms 1956 

1950 
1945 
1940 

Free  from  debt 1956 

1950 
1945 
1940 

Mortgaged.- 1956 

1950 
1945 
1940 


All  farms 1966- 

1950- 
1945- 
1940- . 

Free  from  debt 1966- 

I960-. 
1945.  . 
1940. . 


.1956-. 
1950- 
1945- 
1940.. 


6,421 
7,080 
9,565 
15, 125 

(NA) 
5,630 
7,750 
10,133 

(NA) 
1,450 
1,815 


4,686 
5,476 
7,344 
11,  692 

(NA) 
3,957 
5,  755 
7,692 


15,  804 
18,  856 
21,863 
28,824 

(NA) 
14,  474 

16,  047 
18,380 


100.0 
100.0 
100.0 
100.0 


100.0 
100.0 
100.0 
100.0 

(NA) 
72.3 
78.4 


(NA) 
27.7 
21.6 
34.2 


100.0 
100.0 
100.0 
100.0 

(NA) 
76.8 
73.4 


(NA) 
-2, 120 
-2,383 


(NA) 

-365 
-3, 177 


(NA) 
-70 
-2,411 


-3,  052 
-3,007 
-6, 961 


(NA) 
-1,  573 
-2, 333 


(NA) 
-1,  434 
-4,628 


(NA) 
-27.4 
-23.5 


-16.3 
-25.4 
-37.2 


(NA) 
-31.2 
-25.2 


(NA) 
-4.4 
-60.3 


-16.2 
-13.8 
-24.2 


(NA) 
-9.8 
-12.7 


8,  204,  700 
7,  550.  538 
7,  256,  506 

7,  710, 199 
7,  541, 000 
6,  024,  528 
5, 156, 332 

818,  782 

663,  700 

1,  526,  000 

2, 100, 174 


7,  559,  297 

6,  870. 100 

7,  037,  976 
7, 214, 135 

5,  729,  947 
5,  471, 100 
4,  951,  876 
4,  215,  842 

1,  829,  350 
1,  399,  000 


19, 129,  579 
18,  612,  200 
18,  222.  961 
16,  638, 407 

15,  960,  264 
16,415,900 
12,  878,  161 
9,  921,  700 

3, 169,  315 
2. 195,  300 

5,  344,  800 

6,  716,  707 


100.0 
100.0 
100.0 
100.0 


91.9 
79.8 
71.  1 


100.0 
100.0 
100.0 
100.0 


100.0 
100.0 
100.0 
100.0 

83.4 
88.2 
70.7 


16.6 
11.8 
29.3 
40.4 


819,  248, 000 
536, 127, 000 
302,  076,  394 
210,  277,  647 

709,  469,  000 
446,  443,  000 
243,  369,  394 
141,  961,  029 

109,  779, 000 
89,  684,  000 
58,  707,  000 
68,  316,  618 


499, 103,  000 
333,  698, 000 
184,  918,  207 
150,  222,  241 

392,  794, 000 
267,  514,  000 
139,  524,  207 
100,  585,  607 

106,  309,  000 
66, 184,  000 
45,  394,  000 
49,  636,  634 


3,  935,  965,  000 

2,  262,  466,  000 

1.  260,  752,  795 

873,  606, 128 

3, 129, 092, 000 

1, 808,  803,  000 

912,  540,  795 

499,  216,  422 

806,  873,  000 
453,  663.  000 
348,  212,  000 
374,  389, 706 


100.0 

96.05 

100.0 

64.13 

100.0 

40.01 

ioo.o 

28.98 

86.6 

92.02 

83.3 

57.88 

80.6 

40.40 

67.5 

27.63 

13.4 

134.08 

16.7 

135. 13 

19.4 

38.47 

32.5 

32.63 

100.0 

66.03 

100.0 

48.57 

100.0 

26.27 

100.0 

20.82 

78.7 

68.55 

80.2 

48.90 

75.5 

28.18 

67.0 

23.86 

21.3 

68.11 

19.8 

47.31 

24.5 

21.76 

33.0 

16.65 

100.0 

205.75 

100.0 

121.66 

100.  0 

69.18 

100.0 

52.51 

79.5 

196.06 

79.9 

110. 19 

72.4 

70.86 

67.1 

50.32 

20.6 

254  59 

20.1 

206.56 

27.6 

65.15 

42.9 

55.74 

25,  688,  000 
21,  795,  000 
14  207,  000 
21,  876,  000 


25,  688,  000 
21,  795, 000 
14,  207, 000 
21,  876, 000 


23,  494,  000 
14,  411,  000 
9,  760, 000 
17,  293, 000 


23,  494  000 
14  411,  000 
9,  760, 000 
17,  293, 000 


146,  044, 000 
99, 020, 000 
79, 392,  000 

133,  727, 000 


146,  044  000 
99,  020,  000 
79.  392,  000 

133,  727, 000 


3.11 

2.10 
1.39 
2.40 


45.08 
14.85 
19.91 


24.3 
24.2 
32.0 


22.1 
21.8 
21.6 
348 


NA    Not  available. 

'  The  data,  except  for  number  of  farms,  inolnde  figures  for  the  rented  portion  of  part-owner  farms. 


FARM-MORTGAGE  DEBT 


53 


Table  5. — Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  All  Farms,  by  Mortgage  Status,  bv  Divisions  and  States- 

1940-56 

[For  1956  and  1950,  do  data  are  Included  for  the  District  of  Columbia;  for  1945  and  19-10,  District  of  Columbia  data  are  Included  with  Maryland] 


Area  and  mortgage  status 


Percent 
distribu- 
tion 


Increase  or  decrease 
(  —  )  from  preceding 
Census 


Number      Percent 


Land  In  farms 


Percent 
distribu- 
tion 


Value  of  land  and  buildings 


Percent 
distribu- 
tion 


Average 
per  :icre 
(dollars) 


Amount  of  mortgage  debt 


Average 
per  acre 

(dollars) 


UNITED  STATES 

All  farms 1956 

1950 
1945 
1940 

Free  from  debt 1958 

1950 
1945 
1940 

Mortgaged... 1956 

1950 
1945 
1940. 

GEOGRAPHIC  DIVISIONS 

New  England 

All  farms 1956.. 

1950.  . 
1945.. 
1940.. 

Free  from  debt 1956.. 

1950. . 
1945.. 
1940.. 

Mortgaged 1956.. 

1950.. 
1945.. 
1940. - 

Middle  Atlantic 

All  farms 1956- 

1960- 
1945.. 
1940- 

Free  from  debt 1956- 

1950- 
1945.. 
1940- 

Mortgaged 1956.. 

1950.. 
1945- - 
1940- 

East  North  Central 

All  farms 1956- 

1950- 
1945- 
1940- 

Free  from  debt 1956— 

1950- 
1945- 
1940- 

Mortgaged 1956— 

1950.. 
1945- 
1940- 

West  North  Central 

A 1)  farms 1966— 

■     ■  1950- 

1945- 

■       •    -    1040- 

Free  from  debt 1956-. 

1950- 
1945- 
1940- 

Mortgaged 1956— 

1950- 
1945- 
1840- 

NA    Not£available. 


4. 783,  021 
6,  382,  134 
5.S59,  169 
6,  096,  799 

(MA) 

3,  901,  733 
4,145,314 
3,  733,  022 

(NA) 
1,  4S0,  401 

1,  713,  855 

2,  363,  777 


81,816 
103,  225 
150,311 
135,  190 

(NA) 
62, 138 
97.  037 
72,272 

(NA) 
41,087 
53,274 
62,  918 


267, 199 
296,  702 
347,  477 
348,100 

(NA) 
197,  343 
234.  750 
208, 473 

(NA) 
99,  359 
112.727 
139. 627 


799, 065 

885, 404 

953,  797 

1,  006,  095 


(NA) 
277.  725 
323,  707 
430,  732 


905,  195 

982,  735 

1,031,993 

1,  090, 674 

(NA) 
674,  809 
635,  723 
596, 156 

(NA) 
307, 926 
396,270 
494, 418 


100.0 
100.0 
100.0 
100.0 

(NA) 
72.6 
70.7 
61.2 

(NA) 
27.5 
29.3 
38.8 


-599.113 
-477,035 
-237,  630 


(NA) 
-243,581 
412,  292 


(NA) 
-233,  454 
-649,  922 


(NA) 
-13  6 
-27.5 


1, 160.  043,  854 
1, 158,  564.  600 
1,141.615,364 
1,  060, 852, 374 

811,357,177 
854,  954,  500 
768,  492,  641 
603,  478, 672 

348.  686,  C77 
303.  610. 100 
373,  122.  723 
457,  373,  702 


100.  0 
100.0 
100.0 
100.0 


106,  676,  916,  000 
74,  704,  678, 000 
46.  388,  925,  560 
33,641,738,726 

70.  294,  632,  000 
62,  655,  552,  000 
30,012,971,560 
17,  767,  959,  868 

36,  282.  284,  000 
22,  049,  126,  000 
16,  375,  954.  000 
16,873,778,858 


11)0.0 
100.0 
100.0 
100.0 

66.0 
70.5 
64.7 
52.8 

34.0 
29.6 
35.3 


91.87 
64.48 
40.63 
31.71 

86.64 
61.59 
30.05 


104.  08 
72.62 
43.89 
34.71 


9,  066,  153,  000 

5,  579,  278,  000 
4,  940,  915,  000 

6,  580,  399, 000 


7.  82 
4.82 
4  38 
6.21 


9,  066, 153.  000 

5,  579,  278, 000 
4,940,915.000 

6,  586,  399, 000 


26.00 
18.33 
13.24 
14.40 


100.0 
100.0 
100.0 
100.0 

(NA) 
60.2 
64.6 
53.5 


100.0 
100.0 
100.0 
100.0 


(NA) 
33.5 
32.4 
40.1 


100.0 
100.  0 
100.0 
100.0 


(NA) 
31.4 
33.9 
42.8 


100.0 
100.0 
100.0 
100.0 


-21,  409 

-47,086 

15, 121 


(NA) 
-34. 899 
24,  765 


(NA) 
-36.0 
34.3 


(NA) 
-12,187 
-9,644 


(NA) 
-22.9 
-16.3 


-39.  503 

-50,775 


-13.3 

-14.6 
-0.2 


(NA) 
-37.  407 
26,277 

(NA) 
^15.9 
12.6 

(NA) 

-13,368 

-26,900 

(NA) 
-11.9 
-19.3 

-52,  298 

-5.2 

(NA) 
-22,  411 
64,727 

(NA) 
-3.6 

9.5 

(NA) 
-45,882 
-107,  025 

(NA) 
-14.2 
-24.8 

-77.540 
-49.  258 
-58,  581 


(NA) 
39,086 
39.567 


(NA) 
-88,344 
-98, 148 


(NA) 
-22.3 
-19.9 


11,141,513 
12,  546,  600 
14.  496.  990 
13, 371,  473 


4,  858.  523 
4,  862,  700 
6,  208, 100 
6,  3S0,  054 


29,  958, 872 
31,855,000 
34, 406,  249 
33, 638,  873 

18, 384,  732 
21,  005,  200 
22, 605. 249 
19,  278,  S66 

11,574,140 
10.  849, 800 
11,801,000 
14,  360,  007 


108, 828,  446 
112,097,600 
115,564,303 
113,655,362 

75,  731, 494 
79,  566,  000 
75,  318,  403 
63. 387,  293 

33,  096,  952 
32,  531,  600 
40,  245,  900 
50,  268,  068 


285,  626, 303 
284, 328, 600 
283,  247,  665 
274,  422,  669 

193,  729, 392 
208,  252,  200 
175.793,242 
153,800,457 

91.896.911 
76,  076,  400 
107,454,423 
120,  622, 112 


100.0 
100.0 
100.0 
100.0 


61.2 
64.1 
52.3 


100.0 
100.0 
100.0 
100.0 

61.4 
65.9 
65.7 
57.3 


100.0 
100.0 
100.0 
100.0 


71.0 
65.2 
55.8 

30.4 
29.0 
34.8 
44.2 


100.0 
100.0 
100.0 
100.0 

67.8 
73.2 
62.1 
56.0 

32.2 

26.8 
37.9 
44.0 


1,  369,  919, 000 

1,211,543.000 

938.  517, 440 

740,  507,  729 

725,  767, 000 
711.  085,  000 
580,  357,  440 
350,008,611 

644, 152,  000 
500,  458,  000 
358, 160,  000 
390,499,118 


4,  510,  732, 000 
3,  504,  883,  000 
2,  389, 076,  473 
2,  039,  079,  374 

2,  698, 407,  000 
2,  255,  304,  000 
1.557,705,473 
1,120,501,615 

1,812,325.000 

1,  249,  579, 000 

831,371.000 

918,  577,  759 


20,  662,  581,  000 
14,  573,  450.  000 
9,  958,  795,  924 
7,  333,  630,  726 

14.  380,  447, 000 
10, 387, 401, 000 
6,  486,  585,  924 

3,  984,  377, 930 

6,  282, 134,  000 

4,  186. 049,  000 
3,  472,  210.  000 
3,  349,  252,  796 


25,  542,  965,  000 
18,  757,  927,  000 
12, 115,  024,  193 
8,  795,  913, 122 

16, 867, 322, 000 
13,379,341,000 
7,280.071,193 
4,427,844,011 

8,  685, 643, 000 
6, 378,  586,  000 
4, 834,  953,  000 
4,368,069,111 


100.0 
100.0 
100.0 
100.0 


47.0 

41  3 
38  2 
52.  7 


100.0 

loo.o 

100.0 
100.0 


84  3 

Be.  2 

65.0 

40.2 
35.7 
34.8 
45  0 


ioo.o 

100.  0 
100.0 
100.  0 


71.3 
65.1 
54.3 


100.0 
100.0 
100.0 
100.0 

66.0 
71.3 
60.1 
60.3 


122.  96 
96.56 
64.74 
55.38 

115.51 
92.54 
62.48 
50.06 


150.  66 
110.  03 
69.44 
60.62 


107.  37 
68.91 
58.12 

156.  68 
115.17 
70.45 
63.97 


189.  86 
130.  01 
86.18 
64.53 

189.  89 
130.  55 
86.12 
62.86 

189.  81 
128.68 
86.27 
66.63 


89.43 
65.97 
42.77 
32.05 

87.01 
64.25 
41.41 
28.79 

94.52 
70.70 
45.00 
36.21 


190,  235.  000 
141,975,000 
114, 860,  000 
150, 499,  000 


17.07 
11.32 
7.92 
11.26 


190,  235,  000 
141,  975.  000 
114,860,000 
150,  499,  000 


616,  992,  000 
373, 125,  000 
293,  793,  000 
372, 155,  000 


39.16 
29  20 
22.05 
23.59 


616,992,000 
373, 125,  000 
293,  793. 000 
372, 155,  000 


1,621,896,000 
1,133,401,000 
1,  020.  938, 000 
1,  425,  539,  000 


44.67 
34.  39 
24.90 
25.  92 


14.90 
10.11 
8.83 
12.54 


1,621,896,000 
1, 133,  401,  000 
1,  020,  938, 000 
1,  425,  539, 000 


2, 165,  310.  000 
1,337,613,000 
1, 602,  040,  000 
2, 173,  966,  000 


49.00 
34.84 
26  37 
28.36 


2. 165,  310, 000 
1.337.613,000 
1, 602,  040,  000 
2, 173,  966, 000 


23.56 
17.58 
14.91 
18.02 


54 


FARM-MORTGAGE  DEBT 


Table  5. — Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  All  Farms,  by  Mortgage  Status,  by  Divisions  and  States: 

1940-56— Continued 

[For  1956  and  1950,  no  data  are  Included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  included  with  Maryland] 


Area  and  mortgage  status 


Land  In  farms 


Percent 
distribu- 
tion 


Increase  or  decrease 
(— )  from  preceding 
Census 


Number      Percent 


Percent 
distribu- 
tion 


Value  of  land  and  buildings 


Percent  Average 
distribu-  per  acre 
tion        (dollars) 


Amount  of  mortgage  debt 


Average 
per  acre 
(dollars) 


Ratio 

to  value 
(per- 
cent) 


South  Atlantic 

All  farms 1956-. 

1950- 
1945- 
1940.. 

Free  from  debt 1956.. 

1950- 
1945- 
1940- . 

Mortgaged 1956- 

1950- 
1945.. 
1940- 

East  South  Central 

All  farms 1956- 

1950- 
1945.. 
1940.. 

Free  from  debt -.1956- 

1950. . 
1945- 
1940- 

Mortgaged 1966- 

1950.. 
1945.. 
1940. . 

West  South  Central 

All  farms 1956- 


Free  from  debt 1956- 

1950- . 
1945.. 
1940- 

Mortgagod 1956.. 

1950.. 
1945- 
1040.. 


1950- 
1945- 
1940- 

Free  from  debt 1956.. 

1950- . 
1945- 
1940- 

Mortgaged 1956.. 

1950.. 
1945.. 
1940.. 


All  farms 


1956.. 

1950.. 
1945.. 
1940- . 

Free  from  debt 1956-. 

1950.. 
1945.. 
1940. . 

Mortgaged 1956.. 

I960.. 
1945.. 
1940- . 

NA  Notlavailable, 


858, 675 

958, 970 

1.  043,  475 

1,  019,  451 


(NA) 
193,  800 
209,  537 
297,  795 


789, 667 

913,  002 

959, 829 

1,023,349 

(NA) 
710, 799 
737, 271 
648, 997 

(NA) 
202, 203 
222,  558 
374, 352 


ikw,  y.jt 
7S0. 423 
877, 831 
964, 370 

(NA) 
590.  313 
6-19,617 
633, 198 

(NA) 
190, 110 
228,214 
331,172 


179, 871 
194,  858 
212,  527 
233, 497 

(NA) 
124,833 
144, 067 
133,  406 

(NA) 

70, 025 
68,460 
100, 091 


242,  579 
266,815 
281,929 
276, 173 

(NA) 
168,649 
182. 821 
143,  501 

(NA) 
98,166 
99, 108 

132,  672 


100.0 

100.0 
100.0 
100.0 


(NA) 
20.2 
20.1 


100.0 
100.0 
100.0 
100.0 


(NA) 
22.1 
23.2 
36.6 


1U0.0 
100.0 
100.0 
100. 0 


100.0 
100.0 
100.0 
100.0 

(NA) 
64.1 
67.8 
57.1 

(NA) 
35.9 
32.3 
42.9 


100.0 
100.0 
100.0 
100. 0 

(NA) 
63.2 
64.8 
52.0 

(NA) 


-100,  295 

-84,  505 

24,024 


(NA) 
-68,  768 
112,  282 


(NA) 

-15,737 

-88,258 


(NA) 
-26,  472 
88,274 


(NA) 
-20, 355 
-151,794 


(NA) 
-59,  304 
16, 419 


(NA) 
-38, 104 
-102,958 


-14,  987 
-17.  669 
-211,970 


(NA) 
-19,234 
10,661 


(NA) 

1,565 
-31,631 


-24,  236 

-15,114 

5,756 


(NA) 
-14,172 
39,320 


(NA) 
-8.2 
15.6 


(NA) 
-3.6 
13.6 


(NA) 
-9.1 
-40.5 


(NA) 
-16.7 
-31.1 


(NA) 

2.3 
-31.6 


(NA) 
-1.0 
-25.3 


98, 388. 584 
102, 169, 100 
96, 601, 382 
92,  554,  759 

71,411,784 
79.  728, 400 
72, 363,  782 
60, 157,  274 

26, 976, 800 
22, 440, 700 
24.  237.  600 
32, 397, 485 


77,363,172 
79,  575. 800 
76,198,208 
77, 086, 363 

65, 887, 280 
60, 914,  200 
55,  592,  508 
45, 376, 194 

21, 475, 892 
18,661,600 
41,  605,  700 
31.710,169 


211,250,119 
211,469,200 
204, 995, 123 
200,  527, 339 

147, 816, 992 
149, 888, 800 
134, 429, 023 
101, 164,  286 

63, 433, 127 
61,580,400 
70,  566, 100 
99,  353. 053 


260,  988, 892 
250,  212, 500 
244, 576, 938 
191,901,190 

191,158,533 
194, 195,  500 
178,189,638 
120, 931, 919 


76,  497,  953 
74, 310, 200 
71,  528,  506 
63, 694, 446 

50,  953, 980 
53,  720, 300 
44,911,906 
32, 390, 964 

25.  543,  973 
20,  589, 900 
26,616,600 
31,303,482 


100.0 
100.0 
100.0 
100.0 

72.6 

78.0 
74.9 
65.0 

27.4 
22.0 
25.1 
36.0 


100. 0 
100.0 
100.0 
100.0 


27.8 
23.5 
27.0 


100.0 

100.0 
100.0 
100.0 


30.0 
29.1 
34.4 
49.6 


100.0 
100.0 
100.0 
100.0 


77.6 
72.9 
63.0 

26.8 
22.4 
27.1 
37.0 


100.0 
100.0 
100.0 
100.0 


33.4 
27.7 
37.2 


11,  012, 862,  000 
7, 047, 091. 000 
4,  238, 535,  502 
3,159,549,836 

7, 692,  531,  000 
5, 350,  512, 000 
3, 150, 177, 502 
1, 998,  542, 653 

3, 320, 331, 000 
1, 696, 679,  000 
1, 088. 358. 000 
1, 161, 007, 183 


6,  534,  736, 000 
5,143,167,000 
3, 094, 048, 808 
2, 324,  736, 915 

4,615,340,000 
3,757,651,000 
2,168,850,808 
1,303,593,163 

2, 019, 396, 000 

1,385,516,000 

926,198.000 

1.021,143,752 


15,161,061,000 
10,  418, 489, 000 
6, 816,  249,  745 
4, 231,  841, 346 

9, 916, 891, 000 
7, 378.  535, 000 
3,760,285,745 
2, 193, 101,  446 

5, 234, 160,  000 
3, 039, 951.  000 
2, 059, 964, 000 
2, 038, 739, 900 


8, 334, 324, 000 
5,47i,013,000 
2,  756, 169,  258 
L  779. 843, 231 

5. 073, 153, 000 

3, 691, 795, 000 

1, 796, 875,  258 

836, 409,  230 

3,261,171,000 

1, 779, 218, 000 

959,294,000 

943,  434, 001 


13,  457, 746, 000 
8,  577, 115, 000 
6, 082,  508, 217 
3, 236, 636, 447 

8,  434, 774, 000 
6.743,928,000 
3,236,062,217 
1,553,581,209 

5, 022, 972, 000 
2, 833. 187, 000 
1,846,446,000 
1,683,055,238 


100.0 
100.0 
100.0 
100.0 


75.9 
74.3 
63.3 

30.1 
24.1 

25.7 
36.7 


100. 0 
100.0 
100.0 
100.0 


73.1 
70.1 
56.1 

30.9 
26  0 
29.9 
13.9 


100.  0 
100.0 
100.0 
100.  0 


3-1.5 
29.2 
35.4 
48.2 


100.0 
100.0 
100.0 
100.0 


39.1 
32.5 
34.8 
53.0 


100.0 
100.0 
100  0 
100  0 

62.7 
67.0 
63.7 
48.0 

37.3 
33.0 
36.3 
52.0 


111.93 
68.97 
43.88 
34.14 

107.  72 
67.11 
43.53 
33.22 

123.08 
75.60 
44.90 
35.84 


84.47 
64.63 
40.61 
30.16 

80.79 
61.69 
39.01 
28.73 

94.03 

74.24 
44.90 
32.  20 


71.72 
49.27 
28.37 
21.10 

67.09 
49.23 
27.94 
21. 6S 

82.51 
49.37 
29.19 
20.52 


31.93 
21.87 
11.27 
9.27 

26.54 
19.01 
10.08 


46.70 
31.76 
14.45 
13.29 


175.  92 
115.42 
71.06 
60.82 

165.54 
106.  92 
72.05 
47.96 

196.64 
137. 60 
69.37 


827, 563, 000 
442, 830, 000 
335,  712, 000 
405,057,000 


827,  563,  000 
442, 830, 000 
335,  712, 000 
405, 057, 000 


699, 985, 000 
372. 436, 000 
297,  320, 000 
384, 094,  000 


599, 985, 000 
372, 436, 000 
297,320,000 
384,094,000 


1,138,068,000 
654,  995, 000 
551, 903, 000 
713, 036, 000 


1,138,068,000 
654, 995, 000 
651,903,000 
713,036,000 


808,  280, 000 
424.  502, 000 
262,  291, 000 
357, 190, 000 


80S,  280,  000 
424,502,000 
262,  291, 000 
357, 190,  000 


,  197, 824, 000 
698.401.000 
462, 058, 000 
604,863,000 


1,197,824,000 
698,401,000 
462, 058, 000 
604,863,000 


19.73 
1385 
12.50 


27.94 
19.96 
14.43 
12.11 


17.94 
10.64 
7.82 
7.18 


3.  10 

1.70 

I.  117 


11.57 
7.58 
3.95 
5.03 


15.66 
9.40 
6.46 
9.50 


46.89 
33.92 
17.36 
19.32 


FARM'MORTGAGE  DEBT 


55 


Table  5. — Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  All  Farms,  by  Mortgage  Status,  by  Divisions  and  States: 

1940-56— Continued 

(For  1956  and  1950,  no  data  are  included  (or  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  included  with  Maryland] 


Area  and  mortgage  status 


Percent 
distribu- 
tion 


Increase  or  decrease 
(— )  from  preceding 
Census 


Number      Percent 


Percent 
distribu- 
tion 


Value  of  land  and  buildings 


Percent 
distribu- 
tion 


Amount  of  mortgage  debt 


Average 
per  aero 
(dollars) 


NEW  ENGLAND 

Maine 

All  farms 1956.. 

I960.. 
1946.. 
1940. . 

Free  from  debt 1956.. 

1950.. 
1945.. 
1940. . 

Mortgaged .-1956- 

1950. . 
1945.. 
1940- 

New  Hampshire 


All  farms. 1956.. 

1950. . 
1945. . 
1940. - 

Free  from  debt 1956- 

1950-. 
1945- 
1940- 

Mortgagwl 1950.. 

1950.. 
1946- 
1940- 


All  farms 1956- 

1950- 
1945.. 
1940- 

Free  from  debt 1956- 

1950.. 
1945.. 
1940- 

Mortgaged 1956— 

1950.. 
1945- 
1940- 

Massachusetls 

All  farms 1956.. 

1950.. 
1945- 
1940- 

Free  from  debt- 1956.. 

1950.. 
1945. . 
1940- 

Mortgaged 1956.. 

1950- . 
1945- 
1940- . 


All  farms 1956.. 

1950- 
1945. . 
1940- 

Free  from  debt 1956.. 

1950.. 
1945.. 
1940- 

Mortgaged 1956.. 

1950.. 
1945- 
1940- 

NA  Not  available. 


23. 371 

30. 358 
42. 184 


(NA) 
21,490 
31,  514 
25, 118 

(NA) 


10,423 
13, 391 
18, 786 
16,554 

(NA) 
8, 023 
12,728 
9,606 

(NA) 
5,368 
6, 058 
7,048 


15,999 
19, 043 
26,490 
23,582 

(NA) 
10,  271 
16,  893 
10, 995 

(NA) 
8,772 
9,597 
12,587 


17,316 
22,220 
37,007 
31,  897 

(NA) 
11,  791 
19,  879 
14,746 

(NA) 
10,  429 
17,128 
17, 152 


(NA) 
1,578 
2,303 
1,777 

(NA) 
1,020 
1,300 
1,237 


100.0 
100.0 
100.0 
100.0 


(NA) 
29.2 
25.3 


100.0 
100.0 
100.0 
100.0 


(NA) 
40.1 
32.2 
42.6 


100.0 
100  0 
100  0 
100.0 


(NA) 
46.1 
36.2 
63.4 


100.0 
100  0 
100.0 
100.0 

(NA) 
53.1 
63.7 
46.2 

(NA) 
46.9 
46.3 


100.0 
100.0 
100  0 
100.0 


(NA) 
39.3 
36.1 
41.0 


(NA) 
-1,802 
-3, 192 


-4,904 

-14,  787 

5,110 


(NA) 
-8,088 
6, 134 


(NA) 
-6,699 
-24 


(NA) 
-31.8 
25.6 


(NA) 
-11.4 
-14.0 


-16.0 

-28.1 

12.3 


(NA) 
-39.2 
63.6 

(NA) 
-8.6 
-23.8 


-22.1 
-40.0 
16.0 


(NA) 
-39.1 
-0.1 


(NA) 
-31.6 
29.6 


3,  625,  946 
4,181,600 
4,613.175 

4,  223,  297 

2, 372, 970 
2, 923,  500 
3, 290,  775 
2, 564, 362 

1, 252,  976 
1,  258, 100 
1,322,400 
1.658,935 


1,489,009 
1,713,800 
2,017,049 
1,809,314 

856,  218 
1,048.800 
1,367,549 
1,014,993 

632, 791 
665, 000 
649,  500 
794, 321 


3.  312,  632 
3,  627,  400 
3,  930.  514 
3, 666, 835 

1,  415,  798 

1.  882.  400 

2,  288. 014 
1,  667,  510 

1,  896,  834 
1,  645. 000 
1,  642,  500 
2, 099, 325 


1,  427, 059 
1, 660,  400 
2. 078.  349 
1, 937,  963 

839,  756 

936.  700 

1, 144,  449 

931,  409 

587.  303 

723,  700 

933,900 

1. 006,  654 


142.  190 
191,  000 
264,  734 
221, 913 

89.804 
121.500 
187.  834 
145, 126 

52,386 
69,500 
76,  900 
76,  787 


100.0 
100.0 
100.0 
100.0 

66.4 
69.9 
71.3 
60.7 

34.6 
30.1 
28.7 
39.3 


100.0 
100.0 
100.0 
100.0 


61.2 
67.8 
56.1 

42.5 

38.8 
32.2 
43.9 


101)  0 
100  0 

ioo  o 

100.0 


46.  6 
41.8 
57.3 


100.  0 
100  0 
100  0 
100  0 


43  6 
44.9 
61.6 


100  0 
100  0 
100  0 
100.0 

63.2 
63.6 
71.0 
65.4 


237,  758,  000 
224, 660, 000 
160,680.897 
124,082,841 

147,858,000 
152, 342,  000 
108,  785,  897 
66, 460,  705 

89, 900, 000 
72,318,000 
50,  895, 000 
57,622,136 


125.  M.  oon 
122, 675, 000 
80, 394, 869 
62, 206, 391 

60,169,000 
72,  506, 000 
62,  745, 869 
31,952,794 

65,  797,  000 
50, 169, 000 
27, 649, 000 
30, 253, 597 


216,  872, 000 
197,  748,  000 
134,  575,  897 
111,  108,  534 

91,298,000 
105,  322. 000 
80. 190.  897 
46, 038, 349 

125,  574, 000 
92,  426, 000 
54,  385. 000 
65, 070, 185 


363,  784. 000 
309,  708. 000 
265,  232,  462 
212,014,287 

187, 373. 000 
168.  469,  000 
147,601.462 
99,  032,  530 

176,411.000 
141,  239.  000 
117,631,000 
112,981,757 


56.  449. 000 
44,  126.  000 
35,  609.  900 
26,  334,  374 

29,  931. 000 
26. 065.  000 
23,  466.  900 
15,  589,  843 

26.  518,  000 
18, 061. 000 
12,143,000 
10,  744,  531 


100.0 
100.0 
100.0 
100.0 


100.0 
100.0 
100.  0 
100.0 

47.8 
59.1 
65.6 


52.2 
40.9 
34.4 
48.6 


100  0 
100  0 
100  0 
100.0 


57.9 
46.7 
40.4 


100.0 
100  0 
100  0 
100.0 

51.6 

54.4 
55.6 
46.7 

48.5 
45.6 
44.4 
53.3 


100  0 
100  0 
100  0 
100.0 

63  0 
59.1 
65.9 
59.2 


62.31 
62.11 

33.  no 
25.92 

71.75 
57.48 
38.49 
34.73 


70.27 
69.13 
38.57 
31.48 

103.  9S 
76.44 
42.57 


65.  47 
56  06 
34.24 
30.  30 

64.49 
55.95 
35  05 
29.37 

66.20 
56.19 
33. 11 
31.00 


254.92 
186.  53 
127.  62 
109.  40 

223.13 

179.  85 
128.97 
106.  33 


397.  00 
231.03 
134.  51 
118.67 

333.  29 
214.  53 
124  93 
107.  42 

506.20 
259  87 
157.  91 


28.361,000 
20, 470, 000 
16.  713,  000 
24,  757. 000 


28,361.000 
20,  470,  000 
16,713,000 
24,  757, 000 


21,582,000 
15, 570. 000 
9,  706, 000 
11,220.000 


21,682,000 
15.  570, 00(1 
9,  706. 000 
11,220,000 


42, 058, 000 
31,855.000 
21,975,000 
27,814,000 


42. 0.58.  000 
31,  855,  000 
21,  975.  000 
27,  814, 000 


49,  724. 000 
38. 825. 000 
36,  778. 000 
45,  845, 000 


49.  724. 000 
38.  825.  000 
36,  778.  000 
45,  845, 000 


6,  2.50.  000 
4.  227,  000 
3,  583. 000 
4, 121,  000 


6.  250.  000 
4,  227. 000 
3,  583, 000 
4, 121, 000 


7  82 
4.90 
3.62 


22.63 
16.27 
12.64 
14.92 


14.49 
9.09 
4.81 
6.20 


34.11 
23.41 
14.94 
14.13 


22  17 
19.36 
13  38 
13.25 


63.65 
39  38 
45.55 


119  31 
60  82 
46.59 
63.67 


56 


FARM-MORTGAGE  DEBT 


Table  5. — Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  All  Farms,  by  Mortgage  Status,  by  Divisions  and  States: 

1940-56 — Continued 

[For  1956  and  1950,  no  data  are  included  lor  the  District  of  Columbia;  for  1915  and  1910,  District  of  Columbia  data  are  included  with  MarylandJ 


Area  and  mortgage  status 


NEW  ENGLAND— Continued 

Connecticut 

All  farms 1956. 

1950. 
1945.. 
1940. 

Free  from  debt 1956.. 

1950.. 
1945.. 
1940- . 

Mortgaged 1956.. 

1950.. 
1945.. 
1940.. 

MIDDLE  ATLANTIC 

New  York 

All  farms 1966.. 

1950. . 
1945.. 
1940.. 

Free  from  debt 1956.. 

1950.. 
1945.. 
1940.. 

Mortgaged 1956 

1950. . 
1945- . 
1940. . 


All  farms ____1956. 

1950. 
1945. 
1940. 

Free  from  debt —  .1956. 

1950. 
1945. 
1940. 

Mortgaged -1956. 

1950. 

1945.. 
1940. 


All  farms 1956.. 

1950.. 
1945- 
1940.. 

Free  from  debt 1956.. 

1950.. 
1945.. 
1940.. 

Mortgaged -1956- 

1950.. 
1945. 
1940. 

EAST  NORTH  CENTRAL 

Ohio 

All  farms -1956.. 

1950.. 
1945.. 
1940. . 


Mortgaged 


1956- 

1950.. 
1945- 
1940. 


12,  754 
15,615 
22,241 
21,163 


(NA) 
6,630 
8,521 
11,032 


105,  671 
124,  977 
149,  490 
153,  233 

(NA) 
78,  212 
93,  662 
82,658 

(NA) 
46,765 
55,828 
70,580 


22,  695 
24.838 
26,226 
25,835 

(NA) 
16,020 
15,  441 
13, 001 

(NA) 


128,  833 

146,  887 
171,  761 
169, 027 

(NA) 
104,  111 
125, 647 
112,  814 

(NA) 
42, 776 
46, 114 
56, 213 


(NA) 
140,  493 
159, 634 
147, 197 

(NA) 
58,  866 
60,941 


Percent 
distribu- 
tion 


100.0 
100.0 
100.0 
100.0 

(NA) 
57.5 
61.7 
47.9 

(NA) 
42.5 
38.3 
52.1 


100.0 

loo.o 

100.0 
100.0 

(NA) 
62.6 
62.7 
53.9 

(NA) 
37.4 
37.3 


100.  0 
100.0 
100.0 
100.0 

(NA) 

60.5 
58.9 
50.3 

(NA) 
39.5 
41.1 


100.0 
100.0 
100.0 
100.0 


(NA) 
29.1 
26.8 
33.3 


10(1.  0 

ioo.o 
ioo.o 

100.0 


(NA) 
29.5 
27.6 
37.0 


Increase  or  decrease 
(— )  from  preceding 
Census 


Number      Percent 


-2, 861 
-6, 626 
1,078 


-19,306 
-24,  513 
-3,  748 


(NA) 
-15,450 
11,004 


(NA) 
-9,063 
-14,  752 


-18,054 

-24,874 

2,734 


(NA) 
-21,  536 
12,833 


(NA) 
-3,338 
-10.099 


-22,  261 
-21,216 
-13,208 


(NA) 
-19,141 
12,437 


(NA) 
-2,075 
-25, 645 


(NA) 
-34.5 
36.4 


-15.4 
-16.4 
-2.4 


(NA) 
-16.5 
13.3 


(NA) 
-16.2 
-20.9 


(NA) 
-9.0 
-16.0 


(NA) 
-17.1 
11.4 


(NA) 
-7.2 
-18.0 


Land  in  farms 


1, 144, 677 
1,  272,  400 
1,  593,  169 
1,  512, 151 

708,  444 

771.  000 

1, 010.  269 

768. 019 

436, 233 
501,400 
582,900 
744, 132 


15, 103,  719 
16,016,600 
17,  568,  471 
17, 170, 337 

8,  777,  038 
10, 057,  400 
10.  803, 171 

8,  924,  934 

6,  326,  681 

5,  959,  200 

6.  765, 300 
8,  245, 403 


1.677,048 
1,  725.  500 
1.  818. 103 
1, 874,  402 

1,065.913 

1.085,300 

1,073,903 

939,  881 

611, 135 
640.  200 
744,200 
934,  521 


13,178,105 
14,112,900 
15,019,675 
14, 594, 134 

8,  541, 781 
9, 862,  500 
10, 728, 175 
9,414,051 

4,636,324 
4, 250, 400 
4,  291,  500 


20,071,381 
20, 969, 400 
21, 927, 844 
21, 907,  523 

14, 563,  323 
15,  285,  400 
15, 935, 744 
13,  696, 6G6 

5,  508,  0.58 
5, 684, 000 
5, 992, 100 
8,  210, 857 


Percent 
distribu- 
tion 


100.0 
100.0 
100.0 
100.0 

61.9 
60.6 
63.4 


38.1 
39.4 
36.6 
49.2 


100  0 
100.0 
100.0 
100.0 


62.8 
61.5 
52.0 

41.9 
37.2 
38.5 
48.0 


100  0 
100  0 
100.0 
100.0 


Value  of  land  and  buildings 


100.0 
100.0 
100.0 
100.0 


35.2 
30.1 
28.6 
35.5 


100.0 
100.0 
100.0 
100.0 


27.4 
27.1 
27.3 
37.5 


369. 090. 000 
312,  626. 000 
263.023,415 
204,  761, 302 

209, 138, 000 
186,381.000 
167,  566,  415 
90,  934,  390 

159,  952, 000 
126,  245,  000 
95,  457, 000 
113,826,912 


1, 857,  498,  000 

1,  481,  655, 000 

1. 087.  522, 090 

947, 073,  893 

1, 049,  888. 000 
912,  787. 000 
668,  788, 090 
486,  816, 007 

807.  610. 000 
568,  868. 000 
418,  734.  000 
460,  257,  886 


743.  861.  000 
505,017.000 
292,  980.  843 
227,  805,  686 

415,  326,  000 
294.  674,  000 
169.  602.  843 
108,  993,  560 

328,  535.  000 
210,  343.  000 
123.378.000 
118,  812, 126 


1,909,373,000 

1,518,211,000 

1, 008,  573,  540 

864, 199, 795 

1,233,193,000 

1,047,843,000 

719,  314.  540 

524, 692, 048 

676, 180,  000 
470. 368, 000 
289, 259, 000 
339,  607,  747 


4,200,025,000 
2,856,484,000 
1, 868, 351, 004 
1,443,917,176 

2, 930,  798, 000 

2,045,991,000 

1, 339, 492, 004 

853, 703,  509 

1,269,227,000 
810,493,000 
528,859,000 
590,  213, 667 


Percent 
distribu- 
tion 


100.0 
100.0 
100  0 

ioo.o 


43.3 
40.4 
36.3 

55.6 


100.0 
100.0 
100  0 
100.0 

56.5 
61.6 
61.5 
51.4 

43.5 

38.4 
3S.  5 


100.0 
100.0 
100.0 
100.0 


100.0 
100.0 
100.0 
100.0 

64.6 

69.0 
71.3 
60.7 

35.4 
31.0 
28.7 


100.0 
100.0 
100.0 
100.0 


71.6 
71.7 
59. 1 


322.  44 
245.70 
165  09 
135.41 

295.21 
241.74 
165.  86 
118.  40 


92.51 
61.90 
55.16 

119  62 
90.76 
61.91 
54.55 

127.  65 
95.46 
61.89 
55.82 


443.  55 
292.  68 
161.  15 
121.  54 

389.  64 
271.  51 
157.  93 
115.  97 

537.58 
328.56 
165.  79 
127.14 


107.  58 
67.15 
59.22 

144.37 
106.  25 
67.  05 
55.73 

145.  84 
110.  66 
67.40 
65.54 


2.19  25 
136.  22 
85.20 
65. 91 


230.  43 
142.  59 
88.26 
71.88 


Amount  of  mortgage  debt 


42,  260,  COO 
31, 028, 000 
26, 105, 000 
36,  742, 000 


42,  260. 000 
31, 028. 000 
26,  105, 000 
36,  742, 000 


235,  435. 000 
169,  428, 000 
147,  200.  000 
191,786,000 


235,  435, 000 
169,  428. 000 
147.  200.  000 
191,  786, 000 


83,  361,  000 
55,  916. 000 
39,  235, 000 
48,  791, 000 


83,  361.  000 
55,  916,  000 
39.  235.  000 
48,  791,  000 


198, 196, 000 
147,  781, 000 
107,358,000 
131,  578, 000 


198,196,000 
147,  781, 000 
107, 358, 000 
131,578,000 


333.  982, 000 
228,681,000 
167, 463, 000 
239,059,000 


333, 982, 000 
228,681,000 
167, 463. 000 
239,059,000 


30.92 
24.39 
16.39 

24.30 


96.87 
61.88 
44.78 


28.43 
21.76 
23.26 


49.71 
32.41 
21.58 
26.03 


136.  40 
87.34 
52.72 
52.21 


15.04 
10.47 
7.15 
9.02 


42.75 
34.77 
25.02 
25.40 


16.64 
10.91 
7.64 
10.91 


60.64 
40.23 
27.95 
29.11 


Ratio 
to  value 
(per- 
cent) 


NA  Not  available. 


FARM-MORTGAGE  DEBT 


57 


Table  5. — Acreagb,  Value,  and  Amount  of  Mortgage  Debt  for  All  Farms,  by  Mortgage  Status,  by  Divisions  and  States: 

1940-56— Continued 

I  For  1956  and  1950,  no  data  arc  included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  nro  included  with  Maryland] 


Area  and  mortgage  status 


Percont 
distribu- 
tion 


Increase  or  decrease 
(— )  from  preceding 
Census 


Number      Percent 


Land  in  farms 


Percent 
distribu- 
tion 


Value  of  land  and  buildings 


Amount  of  mortgage  debt 


Percent  Average 
dlstrlbu-  per  acre 
tlon        (dollars) 


Average 
per  acre 
(dollars) 


Ratio 
to  value 
(per- 
cent) 


AU  farms 1950.. 

1950.. 
1945- 
1940. . 

Free  from  debt 1956.. 

1950.. 
1945.. 
1940.. 

Mortgaged 1956- 

1950. . 
1945- - 
1940.. 


Ul  farms 1956.. 

1950.. 
1945.. 
1940.. 

Free  from  debt 1956.. 

1950- 
1945. 
1940. 

Mortgaged 1956. 

1950. 
1945. 
1940. 


All  farms 1956 

1950 
1945 
1940- 

Free  from  debt 1956. 

1950. 
1945. 
1940. . 

Mortgaged. 1956. 

1950.. 
1915.. 
1940.. 


AU  farms 1956.. 

1950. . 
1915.. 
1940- 

Free  from  debt— 1956— 

1950. . 
1945. . 
1940- 

Mortgaged 1956.. 

1950  . 
1945- 
1940- 

WEST  NORTH  CENTRAL 

Minnesota 

AU  farms— 1956.. 

1960.- 
1945.. 
1940- 

Freefrom  debt 1956  .'. 

1950.. 
1945- 
1940.. 

Mortgaged. 1956.. 

1950. . 
1945.. 
1940- 


153,  697 
160,  627 
175,  970 
184,  549 

(NA) 
109,  498 
110,180 
97,949 

(NA) 

57, 129 
65, 790 
86,600 


175, 705 
195,  268 
204, 239 
213,  439 

(NA) 
149,  298 
153,  781 
139,  049 

(NA) 

45,  970 
60, 458 
74,390 


138, 943 
155,  589 
175,  268 
187,  589 

(NA) 
106.  693 
109, 877 
102,  268 


153,  622 
168,  561 
177,  745 
186,  735 

(NA) 
101,  097 
96,  618 


(NA) 
66.864 
81, 127 
97,835 


165,  324 
179. 101 
188,  952 
197,  351 

(NA) 
Hi  102 
105,  697 
101,  757 

(NA) 
64,  999 
83,  255 


100.0 
100.0 
100.0 
100.0 

(NA) 
65.7 
62.6 
53.1 

(NA) 
34.3 
37.4 
46.9 


100.0 
100.  0 
100.0 
100.0 


(NA) 
23.5 
24.7 
34.9 


100.0 

ioo.o 

100.0 

ioo.o 


ioo.o 
ioo.o 
ioo.o 
ioo.o 

(NA) 
60.3 
54.4 
47.6 

(NA) 
39.7 
45.6 
62.4 


100.0 
100.0 
100.0 
100.0 

(NA) 
63.7 

55.9 
61.6 

(NA) 
36.3 
44.1 
48.4 


■12.930 
-9,343 
-8,  579 


(NA) 
-682 
12, 231 


(NA) 
-8.661 
-20,810 


-19,  503 
-8,971 
-9,200 


(NA) 
-4,488 
-23, 932 


-16,646 
-19,679 
-12,321 


(NA) 
-3, 184 
7,6 


(NA) 

-16,495 

-19,930 


(NA) 
5,079 
7,718 


(NA) 

-14,203 

-16,708 


-13,  777 
-9,  851 
-8, 399 


(NA) 
-18,256 
-12,  339 


(NA) 
-0.6 
12.5 


(NA) 
-13.2 
-24.0 


(NA) 
-9.8 
-32.2 


(NA) 
-17.6 
-17  1 


(NA) 


(NA) 
-21.9 
-12.9 


19. 258,  594 
19, 658, 700 
20,027,015 
19, 800, 778 

12, 9S5, 199 
13, 206,  800 
12,241,716 
10,004,077 

6,  273, 395 
6,451,900 

7,  785, 300 
9, 796,  701 


30, 462, 749 
30, 97S.  500 
31,602,186 
31,032,572 

23, 767,  575 
24, 457,  300 
22, 800,  786 
19, 404, 078 

6,  695, 174 
6,521,200 
8,801,400 
11,62S,494 


16,492,349 
17, 269, 900 
18, 392, 227 
18,037,995 


5.  393.  405 
4.  930,  600 

6,  982,  800 
8, 176.  837 


22.  543,  373 

23,  221, 100 
23,  615,  031 
22. 876,  494 

13,  316. 453 

14,  277,  200 
12,  930,  731 
10,421,314. 

9,  226, 9 
S,  943, 900 
10,  684. 300 
12,  455, 180 


32,  353, 114 

32,  883,  200 

33,  139,  997 
32,  606,  962 

18,  871,  014 
21,  077,  800 
18,  013, 197 
16, 144,  016 

13,  482, 100 
11,  805,  400 
15, 126,  800 
16,  462,  947 


Hill.  0 
100.0 
100.  0 
100.0 


67.  2 
61.1 
50.5 


100.0 
100.0 
100.0 
100.0 

78.0 
78.9 
72.1 
62.5 

22.0 
21.1 
27.9 
37.5 


100.0 
100.0 
100.0 
100.0 

67.3 
71.4 
62.0 
54.7 

32.7 

2S.6 
38.0 
45.3 


100.0 
100.0 
100.0 
100.0 

59.1 
61.5 
54.8 
45.6 

40.9 
38.5 
45.2 
54.4 


100.0 
100.0 
100.0 
100.0 


4,155,613,000 
2, 667,  293. 000 
1,794,314,968 
1,251,491,614 

2,766,576,000 

1,807,945,000 

1, 100, 066, 968 

622, 820, 833 

1,389,037.000 
859, 348, 000 
694, 248, 000 
628, 670, 781 


7,417,163.000 
5,308,491,000 
3,662,545,111 
2,537,117,306 

5, 672, 156, 000 
4,122,714,000 
2,525,699,111 
1,501,656,149 

1,745,007,000 
1, 185,  777,  000 
1, 136, 846,  000 
1, 035,  561, 157 


2, 416, 833, 000 

1, 682,  567,  000 

1, 199, 290, 024 

912,  545, 223 

1,  562,  659, 000 

1,  185,  649. 000 

752, 296, 024 

487,  024, 196 

854, 174, 000 
496, 918,  000 
416, 994. 000 
425, 521,  027 


2,  472, 947.  000 
2,  058, 615, 000 
1,434,294,817 
1, 188,  559, 407 

1,  448,  258,  000 

1, 225, 102,  000 

769,031,817 

519,  273, 243 

1,024,689,000 
833,513.000 
605,  263,  000 
669,  286, 164 


3,  793. 153,  000 
2,  718,  591,  000 
1,  833,  761, 
1,  443,  021,  290 


2,  205,  6S7,  000 
64.1  1,751,719,000 
54.  4  969,  405,  468 
49.  5     678,  514,  244 


41.7 
35.9 
45.6 
50.5 


1,  587,  466.  000 
966,  872,  000 
864,  356,  000 
764,  507,  046 


100.0 
100.0 
100.0 
100.0 

60.6 
67.8 
61.3 


33.4 
32.2 
38.7 
50.2 


100.0 
100.0 
100.0 
100.0 

76.6 
77.8 
69.0 
59.2 

23.5 
22.2 
31.0 


ioo.o 

100.0 
100.0 
100.0 

64.7 
70.5 
62.7 
53.4 

35.3 

29.5 
37.3 
46.6 


100.0 
100.0 
100.0 
100.0 

58.6 
59.6 
53.6 
43.7 

41.4 
40.5 
46.4 
56.3 


100.0 
100.0 
100.0 
100.0 


41.9 
35.6 
47.1 
53.0 


221.42 
133.  19 
89.17 
64.17 


243.  48 
171.36 
115.90 
81.76 

238.  65 
168.  57 
110.77 
77.38 

260.64 
181.83 
129.17 
89.05 


146.  54 
97  43 
65.21 
50.59 


158.  37 
100.  78 
64.01 
52.04 


109.  70 
88.65 
60.74 
51.96 

108. 76 
85.81 
59.47 
49.83 

111  05 
93.19 
62.27 
53.74 


117.  24 
82.67 
55.33 
44.20 

110.88 
83.11 
63.82 
42.03 

117.  75 
81.90 
57.14 
40.44 


309,125,000 
200,  425, 000 
170, 408, 000 
230,200,000 


309,125,000 
200, 425, 000 
170, 408, 000 
230,  266, 000 


368,154,000 
205, 755, 000 
269, 947, 000 
418,970,000 


235,  917, 000 
155,514,000 
144, 988, 000 
174, 308, 000 


235,  917, 000 
155.514,000 
144, 988,  000 
174,  308, 000 


374,  718.  000 
283. 026.  000 
262,  072,  000 
356,  936,  000 


374,  71S,  000 
283, 026,  000 
262,  072, 000 
356,  936, 000 


452,  533,  000 
270,  807,  000 
304,  041,  000 
375, 990, 000 


452,  533, 000 
276,  807,  000 
304,  641,  000 
375,  990, 000 


16.05 
10.20 
8.81 
11.93 


49.28 
31.06 
22.67 
24.12 


5199 
40.75 
30.07 
36.03 


16.62 
12.19 
11.10 

15.  60 


40.61 
31.64 
24.53 
28.60 


13.99 
8.42 
9.19 

11.53 


33.57 
23.45 
20.14 
22.84 


NA  Not  avaUable. 


58 


FARM-MORTGAGE  DEBT 


Table  5. — Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  All  Farms,  by  Mortgage  Status,  by  Divisions  and  States: 

1940-56— Continued 

[For  1956  and  1950,  no  data  are  included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  included  with  Maryland] 


Area  and  mortgage  status 


Percent 
distribu- 
tion 


Increase  or  decrease 
(— )  from  preceding 
Census 


Number      Percent 


Land  in  farms 


Percent 
distribu- 
tion 


Value  of  land  and  buildings 


Percent 
distribu- 
tion 


Amount  of  mortgage  debt 


Average 
per  acre 
(dollars) 


Ratio 
to  value 
(per- 
cent) 


All  farms 1956. 

1950 
1945 
1940 

Free  from  debt 1956 

1950 
1945. 
1940 

Mortgaged 1956 

1950 
1945. 
1940. 


All  farms - 1956.. 

1950. . 
1945. 
1940. 

Free  from  debt .1956.. 

1950.. 
1945.. 
1940- 

Mortgaged 1956. 

1950.. 
1945. 
1940. 

North  Dakota 

All  farms 1956. 

1950. 
1945 
1940. 

Free  from  debt 1956 

1950. 
1945 
1940. 

Morlgaged-- - 1956- 

1950- 
1945. 
1940. 


1950. 
1945. 
1940. 

Free  from  debt 1956. 

1950. 
1945. 
1940. 

Mortgaged 1956.. 

1950.. 
1945.. 
1040.. 


All  farms 1956.. 

1950- 
1945. 
1940. 

Free  from  debt 1956. 

1950- 
1945. 
1940. 

Mortgaged 1956- 

1950. 
1945. 
1940. 

NA    Not  available. 


193, 009 
203, 159 
208,  934 
213, 318 

(NA) 
135,  357 
122,  067 
110,  525 

(NA) 
67, 802 
86,  867 

102,  793 


201,  680 
230,  045 
242.  934 
256, 100 

(NA) 
157,  626 
161,  468 
147, 397 

(NA) 
72,  419 
81,  466 
108,  703 


61,  808 
65.  401 
69,  520 
73,962 

(NA) 
46,188 
41,  872 
40,327 

(NA) 
19,  213 
27,648 
33,  635 


62, 350 
66,  452 
68,705 
72,454 


(NA) 
19,  662 
29,  319 
29,700 


100,  733 
107, 1S3 
111,  756 
121,  062 

(NA) 
77,  674 
70,  643 
66,  816 

(NA) 
29,509 
41, 113 
54,  246 


100.0 
100.0 
100.0 
100.0 


(NA) 
33.4 
41.6 
48.2 


100.0 
100.0 
100.0 
100.  0 


(NA) 
31.5 
33.5 
42.4 


100.0 
100. 0 
100.0 

100  II 


100.0 
100.0 
100.0 
100.0 

(NA) 
70.4 
57.3 
59.0 

(NA) 
29.6 
42.7 
41.0 


100.0 
100.0 
100.0 
100.0 

(NA) 
72.5 
63.2 
56.2 

(NA) 
27.5 
36.8 
44.8 


-10, 150 
-5,  775 
-4.384 


(NA) 
13,290 
11,  542 


(NA) 

-19,065 

-15,920 


-28,  365 
-12,  889 
-13,166 


(NA) 
-3,  842 
14, 071 


(NA) 
-9, 047 
-27,  237 


-3,  593 
-4,119 
-4,442 


(NA) 
4,316 
1,545 


(NA) 
-8.  435 
-5,  987 


(NA) 

7,404 
-3,368 


(NA) 
-11,  604 
-13, 133 


-5.0 
-2.8 
-2.1 


(NA) 
10.9 
10.4 


(NA) 
-21.9 
-15.5 


(NA) 
-11.1 
-25.1 


-5.5 
-5.9 
-6.0 


(NA) 
-30.5 
-17.8 


(NA) 
18.8 
-7.9 


(NA) 
-32.9 
-1.3 


(NA) 
-28.2 
-24.2 


34, 161,  686 
34,  254,  600 
34,  453,  936 
34,148,673 

21, 148,  550 
22,  727,  700 
19,  299,  936 
16,  929,  072 

13, 013, 136 
11,  536,  900 
15, 154, 000 
17,219,601 


34,  269,  241 
35, 123, 100 

35,  278,  251 
34,  739,  59S 

23,364,361 
25, 106,  200 
22,  844,  251 
19,  745,  056 

10,  904,  880 
10,  016,  900 
12,  434, 000 
14. 994,  542 


42, 096,  666 
41, 194, 100 
41, 001, 158 
37,  936, 136 

29,  934,  236 
31, 094,  900 
26,  953,  058 
22,  408, 101 

12, 162. 430 
10,  099,  200 
14, 048. 100 
15,  628, 035 


44,  979, 163 
44,  785,  500 
43,  031,  964 
39,  473,  584 

31.  113,  755 
34,  070.  600 
27,  574,  941 
26,  602,  702 

13,  865,  408 
10,  714,  900 
15,  457, 023 
12.  870.  882 


47,556,311 
47. 466, 800 
47,  752,  941 
47,  343,  981 

32,  254,  601 
34,  869,  900 
28,  734,  241 
24,  720, 627 

15,  301,  710 
12,  596,  900 
19,  018,  700 
22,  623,  354 


100.0 
100.0 
100.0 
100.0 

61.9 
66.3 
56.0 


33.  7 
44.0 
60.4 


100.0 
100.0 
100.0 
100.0 


28.6 
35.2 
43.2 


100.  0 
100.0 
100.0 
100.0 


76.5 
65.7 
69.1 


24.  5 
34.3 
40.  9 


100.0 
100.0 
100.0 
100.0 


23.9 
35.9 
32.6 


100.0 
100.0 
100.0 
100.0 

67.8 
73.5 
60.2 
52.2 

32.2 

26.6 
39.8 
47.8 


7,  297,  702,  000 
5,  427, 554, 000 

3,  611, 139,  829 

2,  690,  744,  215 

4,  551, 987,  000 

3,  635,  871, 000 
2,  026,  281,  829 

1,  291,  336,  200 

2,  745,  715,  000 
1,  791,  683, 000 
1,  684.  858, 000 
1,  399,  408,  015 


2,  978,  333,  000 
2,  201,  642, 000 
1,  526, 960,  502 
1, 107,  302,  598 

1, 980,  206,  000 

1,  547,  299,  000 

964,  099,  502 

600,  934, 997 

1,018,127,000 
654,  343, 000 
562,  861,  000 
506,  367,  601 


1,590,181,000 

1, 191, 033,  COO 

708,  322, 155 

490, 197,  358 

1, 108,  474,  000 
890. 067. 000 
447,  454, 155 
244, 026,  912 

481,  707,  000 
300, 966, 000 
260,  868, 000 
246, 170,  446 


1,  793,  973,  000 

1,  359,  247,  000 

761 299,  619 

505,  452, 178 

1,223,177.000 

1,  009,  731, 000 

466,  739,  619 

279,  577,  150 

570,  796, 000 
349,  516, 000 
297,  560,  000 
225,  875,  028 


3,  808,  805,  000 
2,  684, 754,  000 

1,  699,  209,  821 
1, 137,  808,  019 

2,  633, 173,  000 
2, 001,  525.  000 
1, 049,  598,  821 

671, 390,  355 

1, 175,  632, 000 
683, 229,  000 
649,  611,  000 
566,  417,  664 


100.0 
100.0 
100.0 
100.0 

62.4 

67.0 
56.1 
48.0 

37.6 
33.0 
43.9 
52.0 


100.0 
100.0 
100.0 
100.0 


70.3 
63.1 
64.3 


100.  0 
100.0 
100.0 
100.0 


74.7 
63.2 

49.  8 


100.0 
100.0 
100.0 
100.0 


74.3 
61.1 
65.3 


100.  0 

100.0 
100.0 
100.0 


25.4 
38.2 
49.8 


213,  62 
158.  40 
104.  81 
78.79 


159.  98 
1114.99 
70.28 

211.00 
155.  30 
104.  58 
81.27 


62.68 
43.28 
31.87 

83.90 
61.63 
42.20 
30.43 

93.36 
65.32 
45.27 


37.77 
28.91 
17.28 
12.92 

37.03 
28.62 
16.60 
10.89 

39.61 
29.80 
18.57 


39.88 
30.35 
17.76 
12.80 

39.31 
29.64 
16.93 
10.51 

41.17 
32.62 
19.25 
17.55 


80.09 
66.56 
35.58 
24.03 

81.64 
57.40 
36.63 
23.11 

76.83 
54.24 
34.16 
25.04 


669,  588, 000 
433,  878,  000 
525,  939,  000 
705,  589, 000 


669,588,000 
433,  878, 000 
525, 939,  000 
705,  589,  000 


285, 992, 000 
167, 053, 000 
197,  529, 000 
229,  377, 000 


285.  992,  000 
167, 053,  000 
197,  529, 000 
229,  377, 000 


110. 107, 000 
69, 108, 000 
91,  461, 000 

141,  230, 000 


136,  625,  000 
87,  536, 000 
106,  761, 000 
127,  706,  000 


136,  625,  000 
87,  536, 000 
106,  761, 000 
127, 706,  000 


265,  336,  000 
157, 956,  000 
204,174,000 
309,  826,  000 


265,  336, 000 
157, 956, 000 
204, 174, 000 
309,  826, 000 


19.60 
12.66 
15.26 
20.66 


51.45 
37.61 
34.71 
40.98 


26.23 
16.68 
15.89 
15.  30 


9.05 

(',.  84 
6.51 
9.10 


II  85 
8  17 
I.  91 


6.68 
3.33 
4.28 

li.  54 


17.34 

12.54 
10.74 
13. 69 


FARM-MORTGAGE  DEBT 


59 


Table  5. — Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  All  Farms,  by  Mortgage  Status,  by  Divisions  and  States: 

1940-56 — Continued 

[For  1956  and  1950,  no  data  are  Included  (or  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  arc  included  with  Maryland] 


Area  and  mortgage  status 


Percent 
distribu- 
tion 


Increase  or  decrease 
(—)  from  preceding 
Census 


Land  in  farms 


Percent 
distribu- 
tion 


Value  of  land  and  buildings 


Percent     Average 

distribu-    per  acre 

lion         (dollars) 


Amount  of  mortgage  debt 


Average 
per  acre 
(dollars) 


Ratio 
to  value 
(per- 
cent) 


All  farms — 1956- 

1950. 
1945- 
1940- 

Free  from  debt 1956. 

1950. 
1945- 
1940. 

Mortgaged ...1956. 

1950. 
1945. 
1940. 

SOUTH  ATLANTIC 

Delaware 

All  farms 1956. 

1950. 
1945. 
1940. 

Free  from  debt 1956. 

1950. 
1945. 
1940- 

Mortgaged.-. 1956- 

1950. 
1945. 
1940. 


All  farms.. 1956.. 

1950. . 
1945.. 
1940- 

Free  from  debt 1956- 

1950- 
1945- 
1940- 

Mortgaged 1956— 

1950- 
1945- 
1940- 


All  farms 1956.. 

1950- 
1945- 
1940- 

Freefrom  debt 1956— 

1950- 
1945- 
1940- 

Mortgaged 1956— 

1950.. 
1945- 
1940- 


All  farms 1956- 

1950- 
1945- 
1940- 

Free  from  debt 1956- 

1950- 
1945- 
1940- 

Mortgaged 1956- 

1950- 
1945.. 
1940-. 


120,291 
131,394 

141.192 
156,327 

(NA) 
97,  072 
94.  590 
86.5S0 

(NA) 
34,  322 


6,  291 
7,448 
9.296 
8,994 

(NA) 
5.415 
6,590 


(NA) 

2,033 
2.706 
3.272 


32,  483 
36, 107 
41,  315 
42, 175 

(NA) 
24,244 
27,  431 
26,394 

(NA) 
11.863 
13.  S84 
15,  781 


136.370 
150.  997 
173.  051 
174,885 

(NA) 
127.  0S2 
142.  979 
131,  470 

(NA) 
23,915 
30. 072 
43,415 


(VS.  570 
81  434 

97.  600 
99,  2s2 


(NA) 
12.  747 
12,411 
19. 192 


100.0 
100.0 
100.0 
100.0 

(NA) 
73.9 
67.0 
55.4 

(NA) 
26.1 
33.0 
44.6 


100,0 
100.0 
100.0 
100.0 


(N'A) 
27.3 
29.1 
36.4 


100.0 
100.0 
100. 0 
100.0 

(NA) 
07.1 
66.4 
62.6 


100.0 
100.0 
100.0 
100.  0 


100.  0 
100.0 
100.0 
100.0 

(NA) 
84.4 
87.3 


(NA) 
15.6 
12.7 
19.3 


-11,103 

-8.5 

-9,  798 

-6.9 

-15, 135 

-9.7 

(NA) 

(NA) 

2,482 

2.6 

8,010 

9.3 

(NA) 

(NA) 

-12,280 

-26.4 

-23, 145 

-33.  2 

-1.157 

-15.5 

-1,848 

-19.9 

302 

3.4 

(NA) 

(NA) 

-1,175 

-17.8 

868 

15.2 

(NA) 

(NA) 

-673 

-24.9 

-566 

-17.3 

-3,624 

-10.0 

-5,208 

-12.6 

-860 

-2.0 

(NA) 

(NA) 

-3. 187 

-li.  a 

1,037 

3.9 

(NA) 

(NA) 

-2,  021 

-14.6 

-1,897 

-12.0 

-14,  627 

-9  7 

-22.  054 

-12.7 

-1.834 

-1.0 

(NA) 

(NA) 

-15,897 

-li.  1 

11,  509 

8.8 

(NA) 

(NA) 

-6, 157 

-20.5 

-13,343 

-30.7 

-12,864 

-15.8 

-16, 166 

-16.6 

-1,682 

-1.7 

(NA) 

(NA) 

-16.502 

-19.4 

5,099 

6.4 

(NA) 

(NA) 

336 

2.7 

-6,  781 

-35.3 

50,210,122 
48,611,300 
48.  589,  418 
48.173,635 

100.0 
100.0 
100.0 

100.0 

37, 042,  875 
39, 305, 100 
32.373,618 
27.  250, 884 

73.8 
80.9 
66.6 
56.6 

13,167,247 

9.  306,  200 
16,  215,  800 
20,  922.  751 

26.2 
19.  1 
33.4 
43.4 

813, 150 
851,390 
923,  350 
895,  507 

100.0 
100.0 
100.0 
100  0 

568,  703 
619,  700 
641.  150 

582.  271 

69.9 
72.8 
69.4 
65.0 

244.447 
231.600 
282.  200 
313,236 

30.1 
27.2 
30.6 
35.0 

3,  916,  552 
4, 055,  500 
4,201,713 

4,  200. 16^ 

100.0 
100.0 
100.0 
100.0 

2,  550.  271 
2,  774.  300 
2,637.913 
2,  390,  430 

65.1 
68.4 
62.8 
56.9 

1.366,281 
1,  231,  290 
1.563,800 
1.  809,  73S 

34.9 
31.6 
37.2 
43.1 

14.  685.  079 

15.  572,  300 

16.  358.  072 
16,  444,  907 

100.0 
100.0 
100.0 
100.0 

11,1.54.645 
12, 808,  800 
12.  756,  572 
11,  789,  909 

76.0 
82.2 
78.0 
71.7 

3,  530,  434 

2,  763,  500 

3,  601,  500 

4,  654, 998 

24.0 
17.8 
22.0 
28.3 

7, 35S,  659 
8,  214,  600 
8.  719,  579 
8,  908, 803 

100.  0 
100.0 
100.0 
100.0 

6, 033,  559 

6,  786, 000 

7,  263,  779 
6,  920, 049 

82.0 
82.6 
83.3 

77.7 

1, 325, 100 
1, 42S,  600 
1,455.800 
1,988.754 

18.0 
17.4 
16.7 
22.3 

4,280,818,000 
3,175,106,000 
1.971.330,799 
I,  121,337,  101 

3,174,618,000 

2,543,129,000 

1,356,491,799 

762.  064, 153 

1,108,200,000 

631,  977,  000 
614,839,000 
659,323,311 


154,146,000 
98,051,000 
72,  693,  794 
54, 898, 828 

108. 082, 000 
70,  307,  000 
52,  112.791 
34,270,884 

40, 1104,  000 
27.  744,  0O0 
20.281.090 
211.  627,  944 


757,  540  000 
504,315,000 

359.  768. 129 
279.  923,  252 

447,  722. 000 
32  1.  756, 0»n 
231.080,129 
160, 983, 861 

309,  818,  000 
183,  559.  000 
12s.6xX.000 
118,  939,  391 


1,  792,  180,  000 

1,  280.  551.  000 

Mis.  S00  343 

674,  975, 424 

l.l.sO.  231,000 

1,007,739,000 

648,  692,  343 

465,  601,  902 

511.946,000 
272.812,000 
220,114,000 
209,  373,  522 


463,  516,  000 
478,  049, 000 
311,008,205 
269, 827,  285 

361,  262,  000 
3S7,  568, 000 
281,  284,  205 
201,913,189 

102.  254.  000 
90.  481.  000 
59,  724,  000 
67,  914.  090 


100.0 
100.  0 
100.0 
1011.  0 


25.8 
19.9 
31.2 
46.4 


100.  0 
100.0 
100.0 
100.0 

70.1 
71.7 
72.1 
62.4 

29.9 
28.3 
27.9 
37.6 


100.  0 
100.0 
100.0 
100.0 

59.1 
63.6 
64.2 


40.9 
36.4 
35.8 


100  0 
100.0 
100.0 
100.0 


21.3 
25.3 
31.0 


100.  0 
100.0 
100.0 
100.0 


22.1 
18.9 
17.5 
25.2 


X5.  20 
65.  32 
40.57 
29.51 

85.70 
64.70 
41.90 
27.96 

84.01 
67.91 
37.  92 
31.51 


115.18 
78.73 
61.30 

190.  05 
113.  45 
81.75 


1S8.  44 
119.79 
71.87 
65.  85 


193.42 
124.  35 
85. 62 
C6.65 

175.  56 
115.62 
85.78 
64.92 

226.  76 
143.  27 
82.29 
65.72 


122.04 
82.23 
53.11 
41.04 

114.  77 

78.68 
50.85 
39.49 

145.  01 
98.72 
61. 12 
44.98 


62.  99 
.58.20 
39.11 
30.29 

59.88 
57.11 
38.72 
29.18 

77.17 
63.34 
41.02 
34.  15 


245, 129.  000 
145,  275,  000 
171,535,000 
284,  248,  000 


245,  129,  000 
145,  275.  000 
171,  535,  OOO 
284,  248,  000 


13,201,000 
9,  659, 000 

6.  49S,  000 

7,  957.  000 


13.201.000 
9.  659,  000 

6,  498,  (ion 

7,  957. 000 


81.838.000 
53,  640.  000 
40.  627,  000 
46,  675,  000 


81.838,000 
53,  640, 000 
40,  627,  000 
46,  675,  000 


138.  856.  000 
74.  722. 000 
61,  765,  000 
72,  299,  000 


138, 856,  000 
74,  722,  000 
61,  765,  000 
72,  299,  000 


29,  054,  000 
24, 804.  000 
18,  658,  000 
21,  969,  000 


29, 054,  000 
24, 804,  000 
18,  658,  000 
21,969,000 


18.  02 
15.  61 
10.  58 
13.59 


16.23 
11.35 
7.04 


51.00 
41.71 
23.03 
25.  40 


20.90 
13.23 
9.67 
11.12 


59.90 
41.87 
25.98 
25.79 


4.80 
3.78 
4.40 


39.33 
27.04 
17.15 
15.53 


21.93 

17.36  27.4 

12.82  31.2 

11.05  I  32.3 


NA    Not  available. 


60 


FARM-MORTGAGE  DEBT 


Table  5. — Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  All  farms,  by  Mortgage  Status,  by  Divisions  and  States: 

1940-56 — Continued 


[For  1956  and  1950,  no  data  arc  included  for  the  District  of  Columbia;  for  1945  and  1910,  District  of  Columbia  data  are  included 

with  Maryland 

itus 

Farms 

Land  in  farms 

Value  of  land  and  buildings 

Amount  cf  mortgage  debt 

Area  and  mortgage  st 

Number 

Percent 
distribu- 
tion 

Increase  or 
(— )  from 
Census 

decrease 
preceding 

Acres 

Percent 
distribu- 
tion 

Dollars 

Percent 
distribu- 
tion 

Average 
per  acre 
(dollars) 

Dollars 

Average 
per  acre 
(dollars) 

Ratio 

to  value 

(per- 

Number 

Percent 

cent) 

SOUTH  ATLANTIC- 
Nortb  Carolina 
All  farms 

-Con. 

1956.- 
1950.- 
1945- 
1940- 

1956- 
1950- 
1945.. 
1940- 

-1956- 
1950- 
1945- 
1940- 

1956- 
1950.  . 
1945- . 
1940- 

1956- 
1950- 
1945- 
1940- 

1956- 
1950- 
1945- 
1940- 

1956- 
1950- 
1945- 
1940- 

1956- 
1950- 
1945- 
1940- 

1956- 
1950- 
1945-. 
1940- 

1956- 
1950- 
1945- 
1940- 

1956- 
1950.. 
1945- 
1940- 

1956- 
1950- 
1945- 
1940- 

RAL 

1956- 
1950- 
1945- 
1940- 

1956- 
1950- 
1945- 
1940- 

--195R-- 
1950- 
1945- 
1940- 

267, 818 
288,508 
287, 412 
278,  276 

(NA) 
238, 643 
239, 071 
197,  366 

(NA) 
49, 865 
48,341 
SO,  910 

124, 188 
139, 364 
147,  745 
137,  558 

(NA) 
111,  799 
114,  853 
96,  766 

(NA) 
27,  565 
32,  892 

40,  792 

165, 465 
198, 191 
225,  897 
216,033 

(NA) 
146,  024 
168, 536 
142,  000 

(NA) 
52, 167 
57,  361 
74,  033 

57,  490 
56, 921 
61, 159 
62,  248 

(NA) 
43,  276 
49.289 
41,848 

(NA) 
13,  645 
11,870 
20,400 

193,  446 
218,  476 
238,  501 
252, 894 

(NA) 
176,759 
193,  788 
185,  507 

(NA) 

41,  717 
44,713 
67,  387 

100.0 
100.0 
100.0 
100.0 

(NA) 
82.7 
83.2 
70.9 

(NA) 
17.3 
16.8 
29.1 

100.0 
100.0 
100.  0 
100.0 

(NA) 
80.2 
77.7 
70.3 

(NA) 
19.8 
22.3 
29.7 

100.0 

100.  0 
100.0 
100.0 

(NA) 
73.7 
74.6 
65.7 

(NA) 
26.3 
25.4 
34.3 

100.0 
100.0 
100.0 
100.0 

(NA) 
76.0 
80.6 
67.2 

(NA) 
24.0 
19.4 

-20, 690 
1,096 
9,136 

-7.2 
0.4 
3.3 

18,  276, 109 

19,  318,  000 

18,  617,  932 
18, 845,  338 

13,  621, 036 
15,681.200 

14,  662,  932 

12,  955, 116 

4,  655, 073 
3,  636, 800 
3,  955. 000 
5, 890,  222 

11,  098,  318 
11,  878,  800 

11,  021,  623 
11,238,697 

8,  554,  537 

9,  521,  400 
7, 973,  523 
7,  078,  530 

2,  543,  781 

2,  357,  400 

3,  048, 100 
4, 160, 167 

24.  092, 943 

25,  751, 100 
23. 675.  612 
23.  bS3,  631 

16,  034,  981 

19,  055,  500 
16. 140,  212 
13.788,942 

8, 057,  959 
0, 695,  600 

7,  535,  400 
9,  894,  689 

18, 147,  774 

15,  527,  500 

13,  083.  501 

8,  337,  70S 

12,  894,  049 

12,  481,  500 
10.  287.  701 

4,  652,  027 

5,  253,  725 
4,  046,  000 

2,  795, 800 

3,  685, 681 

18,  076,  602 
19,441.800 

19,  724, 834 

20,  294,  016 

13,  339,  855 
15,  476,  200 
15,  238,  734 
13,  620, 177 

4,  736,  647 
3,  965,  600 
4, 486, 100 

6,  673,  839 

100.0 
100.0 
100.0 
100.0 

74.5 
81.2 
78.8 
68.7 

25.5 
18.8 
21.2 
31.3 

100.0 

100.0 
100.0 
100.0 

77.1 
80.2 
72.3 
63.0 

22.9 
19.8 
27.7 
37.0 

100.0 
100.0 
100.0 
100.0 

66.  6 
74.0 
68.2 
58.2 

33.4 
26.0 
31.8 

41.8 

100.0 
100.0 
100.0 
100.0 

71.1 
75.5 
78.6 

55.8 

28.9 
24.5 
21.4 
44.2 

100.0 
100.0 
100.0 
100.0 

73.8 
79.6 
77.3 
67.1 

26.2 
20.4 
22.7 
32.9 

2, 671,  532,  000 

1,  888, 856,  O00 

1,002,983,012 

736,  708. 125 

1,925,061,000 

1,539.021,000 

779,741,012 

431,  545,  900 

746,471,000 
349, 835, 000 
223,  242, 000 
255, 162,  225 

1,050,619,000 
819,  470,  000 
440,  632, 183 
338,  494,  517 

788,  218,  000 
641,  521,  000 
321,  873,  183 

202,  403,  035 

262,  401,  000 
177,  949,  000 
118,  759,  000 
136,  091,  482 

1,  571,  428,  000 

1, 098.  567, 000 

654,  244,  224 

480,  344,  531 

959,  423,  000 
784,  924,  000 
450,  517,  224 
264,  024,  311 

612,  005,  000 
313,  643,  000 

203,  727.  000 
216,320,220 

2,551,901,000 
879,  232.  000 
498,  399,  612 
3-4,  377,  874 

1,  822,  529,  000 
598,  h76, 000 
384,576,612 
187,  799,  571 

729,  372, 000 
280,  556,  000 
113,823,000 
136,  578,  303 

1,782,874,000 

1,  570,  413,  000 

1,  015,  796,  276 

776,  494,  098 

1,  287,  057.  000 

1, 197, 154, 000 

739,  485,  276 

476,  036,  731 

495,817,000 
373,  259,  000 
276,311,000 
300,  457, 367 

100.0 
100.0 
100.0 
100.0 

72.1 
81.5 
77.7 
05.4 

27.9 
18.5 
22.3 
34.6 

100.0 
100.0 
100.0 
100.0 

75.0 
78.3 
73.0 
59.8 

25.0 
21.7 
27.0 
40.2 

100.0 
100.0 
100.0 
100.0 

01.1 
71.4 
68.9 
55.0 

38.9 
28.6 
31.1 
45.0 

100.0 
100.0 
100.0 
100.0 

71.4 
68.1 
77.2 
57.9 

28.6 
31.9 
22.8 
42.1 

100.0 
100.0 
100.0 
100.0 

72.2 
76.2 
72.8 
61.3 

27.8 
23.8 
27.2 
38.7 

146. 18 
97.78 
53.87 
39.09 

141. 33 

98.14 
53.18 
37.17 

160.  36 
96.19 
56.45 
43.32 

94.66 
68.99 
39.98 
30.12 

92.14 

67.38 
40.37 
28.59 

103. 15 
75.49 
38.96 
32.71 

65.22 
42.66 
27.63 
20.28 

59.83 
41.19 
27.91 
19.15 

75.95 
46.84 
27.04 
21.86 

140. 62 
53.20 
38.09 
38.90 

141.35 
47.97 
37.38 
40.37 

138.83 
69.34 
40.71 
37.06 

98.63 
80.78 
51.50 
38.26 

96.48 
77.35 
48.53 
34.95 

104.68 
94.12 
61.59 
45.02 

135,  073, 000 

89,  010, 000 
73,  917,  000 

90,  071, 000 

10.13 
4.61 
3.97 

4.78 

6.9 

4.7 
7.4 
12.2 

Free  from  debt 

(NA) 
-428 
41,  705 

(NA) 
-0.2 
21.1 

Mortgaged 

(NA) 

1,524 
-32,  569 

(NA) 

3.2 
-40.3 

185, 073, 000 

89,  010,  000 
73,917,000 

90,  071,  000 

72,  511,  000 
41,128,000 
37,  590,  000 
45,  948,  000 

39.76 
24.47 
18.69 
15.29 

6.53 
3.46 
3.41 

4.09 

24.8 
25.4 
33.1 
35.3 

South  Carolina 
All  farms. 

-15, 176 
-8,  381 
10, 187 

-10.9 

-5.7 
7.4 

6.9 
5.0 
8.5 
13.6 

Free  from  debt -- 

(NA) 
-3,  054 
18,  087 

(NA) 
-2.7 
18.7 

Mortgaged 

(NA) 
-5,  327 
-7,900 

(NA) 

-16.2 

-19.4 

72,  511,  000 
41,128,000 
37,  590,  000 
45,  948, 000 

155,  262,  000 
84, 072,  000 
66,  344,  000 
82,  037,  000 

28.51 
17.45 
12.33 
11.04 

6.44 
3.26 
2.80 
3.46 

27.6 
23.1 
31.7 
33.8 

Georgia 
All  farms 

-32,  726 

-27,706 

9,864 

-16.5 
-12.3 

4.6 

9.9 
7.7 
10.1 
17.1 

Free  from  debt 

(NA) 
-22,  512 
26,  536 

(NA) 

-13.4 

18.7 

(NA) 
-5, 194 
-16,  672 

(NA) 
-9.1 
-22.  5 

155,  282,  000 
84,  072,  000 
66, 344.  000 
S2, 037,  000 

151,  768.  000 
65. 795,  000 
30,  313,  000 
38, 101,  000 

19.27 
12.56 
8.80 
S.29 

8.36 
3.98 
2.32 

4.67 

25.4 
26.8 
32.6 
37.9 

Florida 
All  farms --- 

569 
-4.23S 
-1,  089 

1.0 
-6.9 
-1.7 

5.9 
7.5 
6.1 
11.7 

Free  from  debt..    

(NA) 
-6,013 
7,441 

(NA) 

-12.2 

17.8 

Mortgaged..  

(NA) 

1,775 
-8,  530 

(NA) 

15.0 
-41.8 

151,  768,  000 
65,  795,  000 
30,  313,  000 
38, 101,  000 

151, 019,  000 
102,  902, 000 
81,  579,  000 
109,  253,  000 

28.89 
16.20 
10.84 
10.34 

8.35 
5.29 
4.14 
5.38 

20.8 
23.4 
26.6 
27.9 

EAST  SOUTH  CENT 
Kentucky 
All  farms .—    

100.0 
100.0 
100.0 

ioo.o 

(NA) 
80.9 
81.3 
73.4 

(NA) 
19.1 
18.7 
26.6 

-25, 030 
-20,  025 
-14,  393 

-11.5 

-8.4 
-5.7 

8.5 
6.6 
8.0 
14.1 

Free  from  debt 

(NA) 
-17.029 
8,281 

(NA) 

-8.8 

4.5 

Mortgaged- 

(NA) 
-2, 990 
-22,  674 

(NA) 
-6.7 
-33.6 

151,019,000 
102, 902, 000 
81,579,000 
109,  253, 000 

31.88 
25.95 
18.18 
16.37 

30.5 
27.6 
29.5 
36.4 

NA  Not  available. 


FARM-MORTGAGE  DEBT 


61 


Table  5. — Acreace,  Value,  and  Amount  of  Mortgage  Debt  for  All  Farms,  by  Mortgage  Status,  by  Divisions  and  States: 

1940-56—Continued 

[For  1956  and  1950,  no  data  are  included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  arc  included  with  Maryland) 


Area  and  mortgage  status 


Percent 

distribu- 
tion 


Increase  or  decrease 
(— )from  preceding 
Census 


Number       Percent 


Land  in  farms 


Percent 

distribu- 
tion 


Value  of  land  and  buildings 


Percent 
distribu- 
tion 


A  verage 

per  ncre 
('loll  jrsj 


Amount  of  mortgago  debt 


A  verage 
per  acre 
(dollars) 


Ratio 
to  value 
(per- 
cent) 


EAST  SOUTH  CENTRAL— 
Continued 

Tennessee 

1950- 
1945.. 
1940.. 

Free  from  debt 

...1956- 

1950- 
1945- 
1940- 

Mortgaged 

...1956- 
1950- 
1946- 

1940- 

Alabama 

1950- 
1945- 
1940- 

Free  from  debt . 

1956- 
1950- 
1945.. 
1940- 

Mortgaged 

...1956- 
1950- 
1945- 
1940.. 

Mississippi 

1950- 
1945- 
1940- 

Free  from  debt 

1956- 
1950- 
1945- 
1940- 

Mortgaged,- 

...1956- 
1950- 
1945- 
1940- 

WEST  SOUTH  CENTRAL 

Arkansas 

All  farms 

—1956- 
1950.. 
1945.. 
1940- 

Free  from  debt 

1956- 
1950- 
1945- 
1940.. 

Mortgaged ___ 

1956- 
1950- 
1945- 
1940.. 

Louisiana 

1950- 
1945- 
1940.. 

Free  from  debt 

1956.. 
1950- 
1945- 
1940- 

Mortgaged 

1956.. 
1950- 
1945- 
1940- 

:n::.:i'G 
231,631 
234.  131 
247,617 

(NA) 
188,091 

191.  489 
172,  999 

(NA) 
46.  540 
42. 942 
74, 618 


17(1,94(1 
211.512 

2'.>3,  y.'i 

231,746 

(NA) 

161,  299 

162,  950 
134,  542 

(NA) 
50, 213 
60,419 
97,  204 


215. SK7 
251,383 
21,3.  MS 
291,  092 

(NA) 

187,  650 
189,011 
155,  949 

(NA) 
63.733 
74.  484 

135.  113 


115.  2!  i2 
182.  429 
198.  769 
216,  674 

(NA) 

142,  276 
151,  260 

143,  758 

(NA) 
40, 153 
47,  509 
72.  916 


111.240 
124,181 

121'.  295 
150,  007 

(NA) 
101, 160 
100.  423 
98,164 

(NA) 
23.021 
28.872 
51,843 


100.  0 
100.0 
100.0 
100.0 

(NA) 
79.9 
81.7 
69.9 

(NA) 
211.1 
18.3 
30.1 


100.0 
100.0 
100.0 
100.0 

(NA) 
76.3 
73.0 
58.1 


100.0 
100.0 
100.0 
100.0 

(NA) 
74.6 
71.7 
53.6 

(NA) 
25.4 
28.3 
46.4 


100.0 
100.0 
100.0 
100.0 

(NA) 
78.0 
76.1 


100.  0 
100.0 
100.0 

ion.  o 


(NA) 
18.5 
22.3 
34.6 


-98.  246 
-2,800 
-13, 186 


(NA) 
-6,  398 
18,  490 


(NA) 

3,598 
-31,676 


-34,  563 
-11,857 
-8,  377 


(NA) 
-1,651 

28,  40S 


(NA) 
-10,206 
-36,  785 


-  35,  496 
-12.145 
-27,  564 


(NA) 
-1,394 
33,  095 


(NA) 
-10.  751 
-60,  659 


-37. 137 
-16,340 
-17,905 


(NA) 
-8.  984 
7.502 


(NA) 
-7,356 
-25, 407 


-12.941 
-5,  114 
-20,  712 


(NA) 
-6,  851 
-22.971 


(NA) 

8.4 
-42.5 


-16.3 
-5.3 
-3.6 


(NA) 
-1.0 
21.1 


(NA) 
-16.9 
-37.8 


(NA) 
-0.7 
21.2 


(NA) 
-14.4 
-44.9 


(NA) 
-15.5 
-34.8 


-10.4 
-4.0 
-13.8 


(NA) 
-20.3 
-44.3 


13,  695,  I1S2 
14,761,900 
13,  756,  197 
11,861,631 

3,981,844 

3,  772,  500 

4,  032,  S00 
6,  631,  267 


20,831,423 
20,  888,  800 
19,  067,  844 
19, 143,  391 

14, 989,  506 
15,  450,  500 
12, 947,  644 
9, 823,  774 

5, 841,  917 
5,  438,  300 
6, 120,  200 
9,319,617 


20,  710,  800 
19,  616,  533 
19,156,058 

13,  862,  237 
15, 225,  600 
13, 649,  933 
10,  070.  612 

6,  915.  484 
5.  485,  200 
5.  966,  000 
9, 085,  446 


18, 004,  793 
18,871,300 
17.455.900 
18,  044,  512 

11,967,566 
13,  999,  000 
12,  419,  800 
11,311,366 

6, 037,  227 
4,  872, 300 
5, 036, 100 
6,  733, 176 


11,  483,  SO- 
IL 202.  300 
10, 039,  657 
9,  996,  108 

8,  662, 075 
8,  715.  900 
6, 996.  657 
6,  183,  441 

2,  821,  732 
2, 486,  400 
3, 043,  000 

3,  812,  667 


1(10.  0 

loo.o 

100.0 
100.0 

77.5 
79.6 
77.3 
64.1 

22.5 
20.4 
22.7 
35.9 


1110.  0 
100.  0 
100.0 
100.0 

72.0 
74.0 
67.9 
51.3 


100.  0 
100.  0 
100.0 
100.  0 


100.0 
100.0 
100.0 
100.0 


100.  0 

100.0 
100.0 
100.0 


24.6 
22.2 
30.3 
38.1 


1,767,162,000 
1,421,361,000 

870,  947,  702 
664,  474,  267 

1,209,554,000 

1.1183.6116.00(1 
6611.7211.702 
403,  814,  334 

467,  608,  000 
337,  695,  000 
210,  227,  000 
260,  659,  933 


1,308,858,000 
997,  098,  000 
559,  742, 689 
408,  782, 488 

867,  237,  000 
692,  300,  000 
371,451,689 
201,  756,  964 

441,  621,  000 
304,  798,  000 

188,291,000 
207,  025,  524 


1,075,842.000 

1,  154,  295,  000 

647,562,141 

474,  980,  062 

1,061,492,000 
784,  531,  000 
397,  193, 141 
221,  985,  134 

614,350,000 
369,  764,  000 
250,  369,  000 
253. 000,  928 


1,  516,  474,  000 

1,  130,  533,  000 

662.  770.  230 

456,848,156 

951.331.000 
795,  648, 000 
438.  564,  230 
248,  875,  842 

565,143,000 
334,  885,  000 
224,  206, 000 
207, 972,  314 


1,405,035,000 
904,  225, 000 
472, 327,  792 
353,  873,  506 

1,005,763,000 
682,  888, 000 
318,918.792 
205,  444,  253 

399,  272, 000 
221,337,000 
153,409,000 
148,  429,  253 


100.0 
100.0 
100.  0 
100.0 

73.5 
76.2 
75.9 


26.5 
23.8 
24.1 


100.  (1 
100.0 
100.0 
100.0 


69.4 
66.4 
49.4 

33.7 

30.6 
33.6 
50.6 


loo.  o 
100.0 
100.0 
100.0 

63.3 
68.0 
61.3 
46.7 


100.0 
100.0 
100.0 

100.0 


28.  4 
24.5 
32.5 
41.9 


117.44 
89.51 
52. 13 
39.31 


62.  83 
47.73 
29.  36 
21.35 

57.86 
44.81 
28.69 
20.54 

75.60 
56.  05 
30.77 
22.  21 


811.66 
55.73 
33.  01 
24.80 

76.57 
51.53 
29.10 
22.04 

88.84 
67.41 
41.96 

27.85 


59.91 
37.97 

25  32 


56.  84 
35.31 
22.00 

93.61 

68.  73 
44.52 
30.89 


122.  35 
80.72 
47.05 
35.40 

116. 11 
78.35 
45.58 
33.22 

141.  50 

89.02 
50.41 
38.93 


139, 032, 000 
88,015,000 
65,  433, 000 
92,  614,  000 


139,032,000 
88,  015,  000 
65,  433, 000 
92,614,000 


126,891,000 
SO,  295,  000 
66,  564, 000 
81, 859,  000 


126, 891,  000 
80,  295, 000 
66,  564,  000 
81,859,000 


183, 043,  000 
101,224,000 
83,  744, 000 
100, 368,  000 


183,043.000 
101,  224. 000 
83,  744.  000 
100, 368,  000 


150,203.000 
85,  329. 000 
63.  695.  000 
72,  513,  000 


150,  203.  000 
85,  329,  000 
63,  695,  000 
72,  513,  000 


104,317,000 
52,  195. 000 
48,  070, 000 
55,  098.  000 


104,317,000 
52,195.000 
48,  070,  000 
55,098,000  I 


7.  86 
4.75 
3.68 
5.01 


34.92 
23.  33 
16.23 
13.97 


3.84 
3.49 

1.  28 


26.  47 
18.45 
14.04 
11.05 


8.34 

J  52 
3.65 
4  02 


21.  88 
17.51 
12.65 
10.77 


36.97 
20.  99 
15.80 
14.45 


NA  Not  available. 


62 


FARM-MORTGAGE  DEBT 


Table  5.— Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  All  Farms,  by  Mortgage  Status,  by  Divisions  and  States: 

1940-56 — Continued 

[For  1956  and  1950,  no  data  are  included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  included  with  Maryland] 


Are;i  and  mortgage  status 


Percent 
distribu- 
tion 


Increase  or  decrease 
(— )  from  preceding 
Census 


Number      Percent 


Land  in  farms 


Percent 
distribu- 
tion 


Value  of  land  and  buildings 


Percent 
distribu- 
tion 


Amount  of  mortgage  debt 


Average 
per  acre 
(dollars) 


Ratio 
to  value 
(per- 
cent) 


Free  from  debt -1956- 

1950. 
1945 
1940 


-1956- 
1950. 

1915. 
l-.HO 


1956.. 

1950.. 
1945- 
1940- 


Free  from  debt . 


1950- 
1946- 
1940- 

Mortgagcd 1956- 

1950- 
1945.. 
1940- 

MOUNTAIN 

Montana 

All  farms 1956- 

1950- 
1945.. 
1940- 

Free  from  debt 1956- 

1950- 
1945.. 
1940- 


.1956- 

1950- 
1945- 
1940- 


All  farms 1956- 

1950- 
1945- 
1940- 


Freefrom  debt. 


...1956- 
1950- 
1945- 
1940- 

Mortgaged 1956— 

1950- 
1945.. 
1940- 


1950. . 
1945. . 
1940- . 

Free  from  debt 1956.. 

1950.. 
1945.. 
1940- . 

Mortgaged 1956-. 

1950. . 
1945-. 
1940-. 


119,  270 
142.  246 
164,  790 
179,  687 

(NA) 
102, 035 
114.403 
110,164 

(NA) 
40.  211 
50, 387 
69,523 


293,  152 
331,  667 

384,  1177 
418, 002 

(NA) 
244,  842 
283,  531 
281, 112 

(NA) 

86,  725 
101,  446 
136,  S90 


32,  956 
35,  0S5 
37,  747 
41,823 

(NA) 
24,  255 
27, 203 


(NA) 
10,830 
10,544 
18. 143 


38, 810 
40,284 
41,498 
43, 663 

(NA) 
24,  539 
24,374 
20,  016 

(NA) 
15, 745 
17, 124 
23,647 


11,355 

12,  614 

13,  076 
15,018 

(NA) 
7,319 
7,231 


(NA) 
5, 295 
5,845 
7,973 


100.0 
100.0 
100.0 
100.0 


(NA) 
28.3 
30.6 


100.  0 
100. 0 
100.0 
100.0 


100.0 
100.0 
100.0 
100.0 

(NA) 
69.1 
72.1 


HID.  I) 
100.0 
100.  0 
100.0 


100.0 
100.0 
100.0 
100.0 

(NA) 
58.0 
55.3 
46.9 

(NA) 
42.0 
44.7 
53.1 


-22,  976 
-22,  544 
-14,  .897 


(NA) 
-12.368 
4,239 


(NA) 
-10,176 
-19, 136 


-38,  415 
-53,410 
-33, 025 


(NA) 
-38,  689 
2,419 


(NA) 
-14,  721 
-35,  444 


(NA) 
-29. 48 
3.523 


(NA) 

286 
-7,  599 


-1.474 
-1,214 
-2, 165 


(NA) 
-1,379 
-6,  523 


(NA) 
-20.2 
-27.5 


(NA) 
-14.5 
-25.9 


(NA) 
-10.8 
14.9 


(NA) 
-8.1 
-27.6 


-10.0 
-3.5 
-12.9 


(NA) 


35,  678.  078 
36. 006,  600 
36, 161, 822 
34,803,317 

100.0 
100.0 
100.0 
100.0 

24,  320,  561 
26.  449,  400 
23.  274,  922 
18,  886,  724 

68.2 
73.5 
64.4 
54.3 

11,357,517 
9,  557,  200 
12,  886.  900 
15, 916,  593 

31.8 
26.5 
35.6 
45.7 

146,083,441 
145,  389,  000 
141, 337, 744 
137,  683, 372 

100.0 
100.0 
100.0 
100.0 

102, 866,  790 
100,  724,  500 
91,  737,  644 
64,  782,  755 

70.4 
69.3 
64.9 
47.1 

43,  216, 651 
44, 664,  500 
49,  600, 100 
72,  900,  617 

29.6 
30.7 
35.1 
52.9 

61,463,290 
59,  247, 400 
58,  787,  318 
46,  451,  594 

100.0 
100.0 
100.0 
100.0 

43.  237,  824 
45,  663,  500 
43,010,218 
28, 049,  729 

70.3 
77.1 
73.2 
60.4 

18,225,466 
13,583,900 
15,  777, 100 
18.  401. 865 

29.7 
22.9 
26.8 
39.6 

14,275,607 
13, 224.  200 
12,503,332 
10,  297,  745 

100.0 
100.0 
100.0 
100.0 

S,  135,  284 
8, 954,  000 
7, 359, 032 
4,  560,  985 

57.0 
67.7 
58.9 
44.3 

6, 140, 323 
4, 270, 200 
5,144,300 
5,  736,  760 

43.0 
32.3 
41.1 

55.7 

35, 042, 316 
34, 420, 800 
33,116.554 
28, 025,  979 

100.0 
100.0 
100.0 
100.0 

23,  877, 455 
25,151,000 
20,  561, 154 
14,144,927 

68.1 
73.1 
62.1 
50.6 

11. 164,  861 
9, 269, 800 
12,  555, 400 
13, 881,  052 

31.9 

26.9 
37.9 
49.5 

2,  446, 870, 000 

1,  818,  586.  000 

1, 106, 153,  826 

831, 140,  748 

1,  605,  868,  000 

1, 327,  561, 000 

722.  417,  826 

427,  892,  845 

841,  002,  000 
491,035.000 
383,  736,  000 
403,  247,  903 


9, 782,  672, 000 
6,  565, 145, 000 
3,  574,  997, 897 
2,  589, 978,  936 

6, 353,  929, 000 
4.572,448,000 
2, 276, 384,  897 
1, 310,  888,  506 

3, 428, 743, 000 
1, 992, 697, 000 
1,29S,613,000 
1,279,090,430 


1,640,529,000 
994,  698, 000 
517,  890,  663 
350, 178, 461 

989, 250,  000 
722,  599, 000 
365. 231,  663 
179,  766, 141 

551,279,000 
272, 099, 000 
152,659,000 
170.412.320 


1,461,816,000 
924,  672,  000 

ff493,  331,  235 
339,194,391 

750, 442, 000 
591, 092,  000 
276.741,235 
131,655,339 

711,374,000 
333,  580. 000 
216,  590, 000 
207,  539, 052 


581.087,000 
440,  451,  000 
232,  042,  912 
158,971,294 


247,  936, 000 
159,  555, 000 
97, 749, 000 
92, 814,  982 


100.0 
100.0 
100.0 
100.0 

65.6 
73.0 
65.3 
51.5 

34.4 

27.0 
34.7 
48.5 


100.0 
100.0 
100.0 
100.0 


35.0 
30.4 
36.3 
49.4 


64.2 
72.  6 
70.5 
51.3 


100.0 
100.0 
100.0 
100.0 


48.7 
36.1 
43.9 
61.2 


100. 0 
100.0 
100.0 
100.0 


36.2 
42.1 

58.4 


68.  58 
50.51 
30.59 
23.88 

66.03 
50.19 
31.04 
22.66 

74.05 
51.38 
29.78 
25.34 


66.97 
45.16 
25.29 
18.81 

61.77 
45.40 
24.81 
20.24 

79.34 
44.61 
26. 18 
17.  55 


25.  06 
16.79 
8.81 
7.54 


30.  25 
20,  03 
9.68 
9.26 


102.40 
69.92 
39.46 
32.94 

92.25 
66.01 
37.61 
28.87 

115.85 
78.12 
42.10 
36.18 


13.95 
11.17 
6.53 


22.21 
17.21 
7.79 


204, 174,  000 
116,917,000 
116,780.000 
153,  679,  000 


204. 174,  000 
116.917.000 
116,  780,  000 
153,  679,  000 


679,  374. 000 
400,  554, 000 
323,  358. 000 
431,  746, 000 


679,  374, 000 
400,  554, 000 
323, 358, 000 
431,  746, 000 


132,  642, 000 
62, 449, 000 
41,  684,  000 
66, 118, 000 


132,  542, 000 
62, 449. 000 
41,  684,  000 
66. 118.  000 


174,326.000 
79,  299,  000 
58, 494, 000 
78,  763, 000 


174,326,000 
79, 299. 000 
58,  494, 000 
78, 763,  000 


64,  857, 000 
35, 852, 000 
24,  951,  000 
34, 009, 000 


64,  857, 000 
35,  852, 000 
24,951,000 
34, 009, 000 


5.72 
3.25 
3.23 
4.42 


15.72 
8.97 
6.52 
5.92 


2.16 
1.05 
0.71 
1.42 


12.21 
6.00 
4.68 
7.65 


28.39 
18.57 
11.37 
13.73 


1.85 
1.04 
0.75 
1.21 


NA    Not  available. 


FARM-MORTGAGE  DEBT 


63 


Table  5. — Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  All  Farms,  by  Mortgage  Status,  by  Divisions  and  States  : 

1940-56— Continued 

[For  1958  and  1050,  no  data  arc  included  for  the  District  of  Columbia;  for  1845  and  HMO,  District  of  Columbia  data  are  Included  with  Maryland) 


Area  and  mortgage  status 


MOUNTAIN— Continued 

Colorado 

All  farms 1950- . 

1950.. 
1945. . 
1940- 

Free  from  debt 1956.. 

1950- 
1945- 
1940.  . 

Mortgaged 1956.. 

1950.. 
1945. . 
1940.. 


All  farms .1956. 

1950- 
1945- 
1940- 

Free  from  debt. 1956. 

1950. 
1945- 
1940- 

Mortgaged 1956. 

1950. 
1945. 
1940- 


All  farms 1956. 

1950. 
1945. 
1940. 

Free  from  debt 1956. 

1950. 
1945- 
1940. 

Mortgaged 1956. 

1950. 
1945. 
1940. 


All  farms 1956.. 

1950- 
1945- 
1940- 

Free  from  debt 1956— 

1950- 
1945- 
1940- 

Mortgaged 1956— 

1950- 
1945- 
1940- 


1950- 
1945- 
1940.. 

Free  from  debt 1956- 

1950.. 
1945- 
1940- 

Mortgaged ...1956- 

1950- 
1945- 
1940- 

NA    Not  available. 


Land  In  farms 


(NA) 
28,049 
31,261 
28,618 


20.  977 
23.599 
29, 695 
34, 105 

(NA) 
10, 665 
24,  404 
25,171 

(NA) 
6,934 
5,291 
8,934 


9,285 
10,  «2 
13,142 
18,  468 


(NA) 
3,922 
3,731 
4,551 


23,008 
24,176 
28,322 
25,411 

(NA) 

15,  409 
17, 688 
12,736 

(NA) 
8,767 
8,634 
12,675 


2,  80S 
3,110 
3,429 
3,573 


Percent 
distribu- 
tion 


100.0 
100.0 
100.0 
100.0 

(NA) 
61.5 
65.6 
55.6 


Increase  or  decrease 
(— )  from  preceding  I 
Census  Acres 


100.  II 
100.0 
100.0 
100.0 


100.0 
100.0 
100.0 
100.0 

(NA) 
62.3 
71.6 


(NA) 
37.7 
28.4 


100.0 
100.0 
100.0 
100.  0 


(NA) 
36.3 
32.8 
49.9 


100.0 
100.0 
100.0 
100.0 


(NA) 
32.2 
27.2 
37.8 


-1,900 
-2,040 
-3,818 


(NA) 
-3,212 
2,643 


(NA) 

1,172 
-0,  461 


-2,022 
-0, 096 
-4,410 


(NA) 
-7,  739 
-767 


(NA) 

1,643 
-3. 643 


(NA) 
-2,  921 
-4,  506 


(NA) 
-2,279 
4,  952 


(NA) 

133 
-4,041 


-11.1 
-20.1 
-12.9 


(NA) 
-31.7 
-3.0 


(NA) 

31.1 
-40.8 


-10.8 
-20.8 
-28.8 


(NA) 
-31.0 
-32.4 


(NA) 

5.1 
-18.0 


(NA) 
-15.6 
12.2 


IVnvhl 

distribu- 
tion 


38,  468,  979 
37,  953, 100 
36, 217,  T" 
31,527, 

24,  933, 192 
26. 373, 000 
23,  734, 808 
18, 340,  407 

13,  535,  787 
11.580,100 
12, 483, 000 
13, 180,  833 


39.  713,  991 
37,  723. 300 
36,  854. 445 
27,381,948 

9,  740,  SSI 
9,  798,  500 
12.754,000 
11,478,479 


41,705,377 
39,  916,  500 
37,  856,  370 
25,  651,  092 

36,  979,  764 
36,  598, 200 
34,  760, 271 
23, 006,  937 

4,  725, 613 
3,  318, 300 
3,  096, 
2,644.155 


12,  353,  578 
10,  885. 200 
10.  309, 107 
7,  302, 007 


8,281.300 
7,  072, 107 
3,  556,  948 

3. 683, 841 

2,  583,  900 

3,  237.  000 
3.  745,  059 


6,  224,  873 

7,  063.  500 
6,  178,  004 

3,  785, 106 

5,  611,  286 
5,  451, 200 

4,  837,  604 
1, 890,  038 

2.  613,  587 
1,  612.  300 
1,340,400 
1,  895,  068 


1110.11 
100.0 
100.0 

100.  0 


35.2 

30.5 
34.5 
41.8 


100. 0 
100.  0 
100. 0 
100.0 

80.3 

79.4 
74.3 
70.5 

19.7 
20.6 
25.7 
29.5 


100.  0 
100.0 
100.0 
100.0 


91.7 
91.8 
89.7 


100.0 
100.0 
100.0 
100.  0 


100.0 
100.0 
100.0 
100.0 


Value  of  land  and  buildings 


Amount  of  mortgage  debt 


Percent 
distribu- 
tion 


1,653,556,000 

1, 217,  280, 000 

504,  503, 888 

388,  343,  847 

909,  078.  000 
792. 398, 000 

367,090,8X8 
200,  245,  402 

083,  878,  000 
424, 888, 000 
197, 413,  000 

1X8,098,385 


1.170.101,000 
682,  272,  000 
326.  750,  718 
1S7,525,814 

78S,  8S4,  000 
467,  727, 000 
224, 074,  718 
97, 347, 324 

387, 277,  000 
214,  545,  000 
102,  070, 000 
90,178,490 


1,088,338.1 
000,  723, 000 
287,  876, 225 
153,076,675 

768,317,000 
445, 377,  000 
209, 152,  225 
76, 192,  694 

320,021,000 
155,346,000 
78,  724,  000 
77,  483,  981 


604, 430,  000 
477,  432, 000 
261,  817,  649 
154, 358, 365 

339,  578, 000 
302, 866, 000 
168,  942, 649 
63, 106,  529 

264,  852, 000 
174,  566, 000 
92,  875,  000 
91,251,836 


133,  853,  000 
88,  840,  (100 
51, 347, 968 
21,  939,  429 

94,  554, 000 
44,  639, 000 
20,  608,  000 
25,  654,  955 


Average 
per  acre 
(dollars) 


100.0 
100.  0 
100.0 
100.0 

58.6 
65.1 
65.0 
51.6 


100.0 
100.0 
100.0 
100.0 

67.1 
68.6 
68.6 
51.9 


100.0 
100.0 
100.0 
100.0 


25.9 
27.3 
50.4 


100.0 
100.0 
100.0 
100.0 

56.2 
63.4 
64.5 
40.9 

43.8 
36.6 
35.5 
59.1 


100.0 
100.0 
100.0 
100.0 


42.98 
32.07 
15.  59 
12.32 

38.89 
30.05 
15.  47 
10.92 


36.  69 
15.81 
14.26 


14.36 
6.59 
4.83 

19.86 
12.40 
6.08 
3.56 


26. 10 
15.05 
7.60 


20.78 
12.17 
6.02 
3.31 

67.72 
46.81 
25.43 


48.93 
43.94 
25.40 
21.14 

39.17 
36.57 
23.89 
17.74 

71.90 

67.56 
28. 69 
24.37 


27.77 
18.90 
11.65 
12.57 

23.85 
16.30 
10.61 
11.42 


Average 
per  acre 

(dollars) 


Ratio 
to  value 
(per- 
cent) 


182,  606,  000 
105.209,000 
58, 004,  000 
75, 005, 000 


182,  000,  000 
105,  209, 000 
58, 064. 000 
75,  005, 000 


89, 848, 000 
47. 699, 000 
24, 924. 000 
27, 499,  000 


89,818,000 
47, 699,  000 
24,  924,  000 
27, 499, 000 


70,179,000 
38,751,000 
22,  334, 000 
28,  933,  000 


70,179,000 
38.751,000 
22, 334, 000 
28,  933, 000 


70,  258, 000 
42,  312,  000 
25,  720.  000 
36, 650, 000 


70,  258,  000 
42, 312, 000 
25,  720,  000 
36,  650,  000 


23.  604.  000 
12,931,000 
6, 120,  000 
10,213,000 


23.  664,  000 
12,931,000 
6,  120,  000 
10.  213, 000 


2.77 
1.60 
2.38 


1.82 

1.00 
0.50 
0.71 


0.97 
0.59 
1.13 


14.85 
11.68 
6.84 
10.94 


1.83 
0.99 
2.70 


64 


FARM-MORTGAGE  DEBT 


Table  5. — Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  All  Farms,  by  Mortgage  Status,  by  Divisions  and  States 

1940-56— Continued 

[For  1956  and  1950,  no  data  are  included  for  the  District  of  Columbia;  for  1945  and  1940,  District  of  Columbia  data  are  included  with  Maryland] 


atus 

Farms 

Land  in  farms 

Value  of  land  and  buildings 

Amount  of  mortgage  debt 

Area  and  mortgage  st 

Number 

Percent 
distribu- 
tion 

Increase  or 
(-)  from 
Census 

decrease 
preceding 

Acres 

Percent 
distribu- 
tion 

Dollars 

Percent 
distribu- 
tion 

Average 
per  acre 
(dollars) 

Dollars 

Average 
per  acre 
(dollars) 

Ratio 
o  value 

Number 

Percent 

cent) 

PACIFIC 
Washington 

1950- 
1945- 
1940- 

1956.. 
1950- . 
1945-. 
1940- 

1956- 
1950- - 
1945.. 
1940-- 

1956- 
1950- 
1945. . 
1940- 

1956.. 
1950- - 
1945 .. 
1940- 

1956- 
1950- 
1945- 
1940- 

.-1956- 
1950- 
1945- 
1940- 

1956.. 
1950 -. 
1945. . 
1940. - 

—1956- 

1950 . . 
1945.. 
1940- 

65, 135 
69,  820 
79,887 
81,686 

(NA) 
46, 009 
56,  953 
44,036 

(NA) 
23,  811 
22,  934 
37,  650 

54,442 
59, 827 
63, 125 
61,  829 

(NA) 
37,680 
42,316 
32, 113 

(NA) 
22,147 
20.  809 
29,  716 

123, 002 
137, 168 
138,  917 
132, 658 

(NA) 
84,960 
83,  552 
67, 352 

(NA) 
52,  208 
55,  365 
65, 306 

100.0 
100.0 
100.0 
100.0 

(NA) 
65.9 
71.3 

53.9 

(NA) 
34.1 
28.7 
46.1 

100.0 
100.0 
100.0 
100.0 

(NA) 
63.0 
67.0 
81.9 

(NA) 
37.0 
33.0 

48.1 

100.0 
100.0 
100.0 
100.0 

(NA) 
61.9 
60.1 
50.8 

(NA) 
38.1 
39.9 

-4,685 
-10,067 
— 1,  799 

-6.7 
-12.6 
-2.2 

17,  C48.  086 
17, 369,  200 

16,  719,  870 
15,181,815 

12,  778.  825 
13,351,400 
12, 110.  970 
8, 390,  421 

4,  869, 261 
4,  017,  800 
4,  608, 900 

6,  791, 394 

21,  065,  724 
20,  327,  800 
19,  754, 257 

17,  988,  307 

12,112.527 
13, 180.  100 
11,  336,  557 
8,  025,  645 

8,  953. 197 

7,  147,  700 

8,  417.  700 

9,  962,  662 

37,  784. 143 
36,  613,  200 
35. 054.  379 
30,  524,  324 

26,  002,  628 
27, 188, 800 
21,464,379 
15,  974, 898 

11,  721.  515 

9,  424,  400 
13, 590,  000 
14,  549,  426 

100.0 
100.0 
100.0 
100.0 

72.4 
76.9 
72.4 
55.3 

27.0 
23.1 
27.6 
44.7 

100.0 
100.0 
100.0 
100.0 

57.5 
64.8 
57.4 
44.6 

42.5 
35.2 
42.6 

55.4 

100.0 
100.0 
100.0 
100.0 

69.0 
74.3 
61.2 

52.3 

31.0 
25.7 
38.8 
47.7 

2, 188,  948, 000 

1,  495, 135, 000 

900, 184.  222 

593,  366, 445 

1, 439,  575,  000 

1, 036.  423,  000 

638,  829,  222 

299,  OSS,  550 

749,  373, 000 
458,  713, 000 
261,355,000 
294,  277,  895 

1,  705, 449. 000 

1,  244, 258. 000 

697,  775,  183 

476,  817,  354 

1,  029.  6H  000 
812.  20),  000 
443, 861, 1S3 
227, 414,  401 

735,  785, 000 
432, 049,  000 
253. 914, 000 
249, 402,  953 

9,  503, 349,  000 
5.  8i7,  721,  000 
3.  484,  548,  812 
2, 166,  452,  648 

5,  965,  535. 000 
3,  895,  296,  000 
2,153,371,812 
1,  027, 078,  258 

3,  537,  814, 000 
1,  942,  425, 000 
1,331,177,000 
1, 139, 374,  390 

100.0 
100.0 
100.0 
100.0 

65.8 
69.3 
71.0 
50.4 

34.2 
30.7 
29.0 
49.6 

100.0 
100.0 
100.0 
100.0 

58.3 
65.3 
63.6 

47.7 

41.7 
34.7 
36.4 
52.3 

100.0 
100.0 
100.0 
100.0 

62.8 
66.7 
61.8 
47.4 

37.2 
33.3 
38.2 
52.6 

124. 03 
86.08 
53. 84 
39.08 

112.  65 
77.63 
52.75 
35.65 

153.  90 
114. 17 
56.71 
43.33 

83.81 
61.21 
35.32 
26.51 

85.01 
61.62 
39.15 
28.34 

82.18 
60. 45 
30.16 
25.03 

251.  52 
15'J.  44 
99.40 
70.97 

229.  21 
143.  27 
100.  32 
64.29 

301.  82 
206. 11 
97.95 
78.31 

205,  796.  090 
123,  010.  000 
73.  995.  000 
106,  857,  000 

11.66 
7.08 
4.43 
7.04 

9.4 
8.2 
8.2 
18.0 

Free  from  debt 

(NA) 
-10,944 
12,  917 

(NA) 
-19.2 
29.3 

Mortgaged.-- 

(NA) 

877 
-14,  716 

(NA) 

3.8 
-39. 1 

205,  796.  000 
123, 010,  000 
73,  995, 000 
106, 857, 000 

202.  358,  000 
114,  531,  000 
69,  218,  000 
90,  421,  000 

42.26 
30.62 
16.05 
15.73 

9.61 
5.63 
3.50 
5.03 

27.5 
26.8 
28.3 
36.3 

Oregon 
AU  farms 

-5,385 

-3,  298 

1,296 

-9.0 

-5.2 

2.1 

11.5 
9.2 
9.9 

19.0 

Froe  from  debt 

(NA) 
-4,  636 
10,  203 

(NA) 
-11.0 
31.8 

Mortgaged 

(NA) 

1,338 
-8,907 

(NA) 

6.4 
-30.0 

202, 358,  000 
114,  531,  000 
69,  218,  000 
90,  421,  000 

789,  670, 000 
460,  860,  000 
318,  845, 000 
407,  585, 000 

22.60 
16.02 
8.22 
9.08 

20.90 
12.59 
9.10 
13.35 

27.5 
26.5 
27.3 
36.3 

California 
All  farms _. 

-14,160 

-1,749 

6,259 

-10.3 
-1.3 

4.7 

8.3 

7.9 
9.2 
18.8 

Free  from  debt 

(NA) 
1,408 
16,  200 

(NA) 
1.7 
24.1 

Mortgaged 

(NA) 
-3, 157 
-9, 941 

(NA) 
-5.7 
-15.2 

789,  670,  000 
460, 860,  000 
318,  845,  000 
407, 585,  000 

67.37 
48.  90 
23.46 
28.01 

22.3 
25,3 
24.0 
35.  8 

NA  Not  available. 


FARM-MORTGAGE  DEBT  65 

Table  6. — Interest  Charges  on  Mortgage  Debt  by  Tenure  of  Operator,  for  the  United  States:  1930-56 


Interest  charges 

Year 

All  farms 

Farms  operated  by  full 
owners 

Farms  operated  by  part 

owners  (owned  portion 

only) 

Farms  operated  by 
tenants  '  and  managers 

Dollars 

Average 
rate  (per- 
cent) 

Dollars 

Average 
rate  (per- 
cent) 

Dollars 

A\i'i:r:  ■ 
rate  (per- 
cent) 

1 iollar 

A  veragft 
rate   (per- 
cent) 

425,  385,  000 
250.  148.  000 
222,  846,  000 

300,  418,  000 
414,  890,  000 
577,  200, 000 

4.7 
4.5 
4.5 

5  4.  C 
5.5 
0.0 

224,  789,  000 
141,203,000 
(NA) 

(NA) 

(NA) 
(NA) 

4.8 
4  5 
(NA) 

'4.9 
(NA) 
(NA) 

106.  972, 000 
52,  093,  000 
(NA) 

(NA) 
(NA) 
(NA) 

4.6 
4.4 

(NA) 

2  4.9 
(NA) 
(NA) 

93,  624, 000 
66,  852, 000 
(NA) 

(NA) 

(NA) 
(NA) 

(NA) 

(NA) 

(NA) 

(NA) 

NA    Not  available. 

1  Includes  rented  portion  of  farms  operated  by  part  owners. 

*  The  Interest  rates  shown  for  1940  for  full  owners  and  for  part  owners  are  not  comparable  v.iili  those  for  all  farms.    The  figures  shown  (or  full  owners  and  part  owners  represent 
rates  on  firs;  mortgages  only  and  are  contract  rates  which  do  not  reflect  the  temporarily  reduced  rates  of  Federal  land  banks  and  of  the  Federal  Farm  Mortgage  Corporation. 

Table  7- — Interest  Charges  on  Mortgage  Debt,  by  Tenure  of  Operator,  by  Divisions  and  States:  1956  and  1950 


Division  and  State 


GEOGRAPHIC   DIVISION'S 


New  England 1956. 

Middle  Atlantic 1956. 

1950. 
East  North  Central 1956. 

1950 

West  North  Central..- _ 1956 

1950. 

South  Atlantic- 1956. 

1950. 

East  South  Central. 1956. 

1950. 

West  South  Central... 1956 

1950 

Mountain 1956 

1950. 

Pacific... 1956 

1950 

NEW  ENGLAND 

Maine 1956 

1950 
New  Hampshire 1956 

Vermont.. 1956 

1950 

Massachusetts 1956 

1950 

Rhode  Island 1956 

1950 

Connecticut 1956 

1950 


MIDDLE  ATLANTIC 


New  York . 


1956 

New  Jersey 1956 

1950 

Pennsylvania 1956 

1950 


EAST  NORTH  CENTRAL 


.195 


Ohio 

1950- 
Indiana 1956, 

Illinois... 1956 

1950. 

Michigan 1956 

1950. 

Wisconsin 1956 

1950. 
'  Includes  rented  portion  of  farms  operated  by  part  owners. 


Interest  charges 


9,129.000 
6,  681,  000 
24,  941,  000 
17,156,000 
73,  265.  000 
49,  336,  000 

94,  745,  000 
56,  423. 000 
42,  578.  000 
21,  310,  000 
29,  086,  000 

18,  027,  000 

53,  531,  000 
29,175.000 
38.  698,  000 

19,  606,  000 
58,  812, 000 
32,  434, 000 


1,441.000 
1. 027,  000 

1.  048.  000 
730, 000 

2,  023,  000 
1.469,000 

2,  314, 000 

1,833,000 
301.  000 
197. 000 

2,  0112, 1  UK  I 
1,425,000 


11.208,000 
7,  725,  000 
4, 008.  000 
2,  558, 000 
9,  725,  000 
6.  873,  000 


1.5,685,000 
10,549,000 

14,  351, 000 
8,811,000 

16,  199,  000 
11,195,000 

11,292,000 
7.  277,  000 

15,  738,  000 
11,  504,  000 


Average 

rate  (per 

cent) 


6. 480, 000 
5,  289, 000 
16,652,000 
12,798,000 
39,  425,  000 
29,  304, 000 

42,  868. 000 
27,  562,  000 
26.  024.  000 
13,  418,  000 
16.  870.  000 
9,  915,  000 


10. 077,  000 
37,155,000 
20.  108,  000 


1,  208,000 

847,  000 

721,000 

615,  000 

1,  313.  000 

1,  149,  000 

1,  664.  000 
1,  534.  000 
204,  000 
141,000 
1,370,000 
1.003,01)0 


7.  270,  000 
5,805,0011 
3, 027,  000 
1.947,000 
6,  355,000 

5,046,000 


9,  383. 000 
6.  618, 000 
7,041.000 
4,  697,  000 
6. 072,  000 

4,  578,  000 

6, 608,  000 

5,  108, 000 
10,  321, 000 

8,  303, 000 


Average 

rate  (per 

cent) 


Farms  operated  by  part 

owners  (owmed  portion 

only) 


2, 082, 000 
1,033,000 

5,  362, 000 

2,  736, 000 
16,  450,  000 

8,  693,  000 

26.  412.  000 
14.  207. 000 
8,  585,  000 

3,  123, 000 

6,  919, 000 
2,  892, 000 

14,  459,  000 

7,  230,  000 
14,  344,  000 

6,  219,  000 
12,  359,  000 
5,  960.  000 


108.  000 
136,  000 
266,000 
S3.0C0 
577, 000 
254,000 

433, 000 

235.1100 
90,000 
42,  000 
518,  000 
283,000 


2,713.000 
1.  358,  000 
061,000 
353,  000 
1,  9X8.  000 
1.025,000 


3,  097,  000 

1,  82S.  000 
3,  421,  000 
1,768,000 
3,  991,  000 

2,  106, 000 

3,  068, 000 

1,  543, 000 

2,  873, 000 
1,  448,  000 


A  verage 

rate   (per 

cent) 


Farms  operated  by 
tenants  '  and  managers 


567. 000 
359. 000 
2,  927. 000 
1,  622,  000 
17,390.000 
11,  339,  000 


4,  769,  000 

5,  897, 000 

5,  220, 000 

16,  945,  000 
9,213,000 
7, 166, 000 
3.  310.  000 
9.  298. 000 

6.  366, 000 


35. 000 
44,000 
61,  000 

32, 000 

133, I 

66,000 

217,  000 
64,000 
7,000 
14,000 
114.000 
130,000 


1,225,000 
562, 000 
320, 000 
258, 000 

1,382,000 
802,000 


3.  205,  000 
2,  103.  000 
3,889,1100 
2,  346, 000 
6.136.000 
4,511,000 

1,  616, 000 

626,  000 

2,544,000 

1,753,000 


Average 
rate  (per- 
cent) 


66  FARM-MORTGAGE  DEBT 

Table  7. — Interest  Charges  on  Mortgage  Debt,  by  Tenure  of  Operator,  by  Divisions  and  States:  1956  and  1950 — Continued 


Interest  charges 

Farms  operated  by  full 

Farms  operated  by  part 

Farms  operated  by 

All  farms 

owners 

owners  (owned  portion 

tenants  '  and  managers 

Division  and 

State 

only) 

Average 

Average 

Average 

Average 

Dollars 

rate  (per- 

Dollars 

rate  (per- 

Dollars 

rate  (per- 

Dollars 

rate  (per- 

cent) 

cent) 

cent) 

cent) 

WEST  NORTH  CENTRAL 

Minnesota 

1956- 

19, 505, 000 

4.3 

10, 959, 000 

4.4 

4, 608, 000 

4.2 

3, 933, 000 

4.2 

1950. . 

11,  722,  000 

4.2 

7, 069,  000 

4.3 

2, 409. 000 

4.1 

2,  244, 000 

4.2 

Iowa 

.1956- 

28, 123, 000 
17,  632, 000 

4.2 

4.1 

13,  335. 000 
8,  688, 000 

4.2 

4.1 

5, 122, 000 
2,  887, 000 

4.2 
4.0 

9, 666, 000 
6,  057, 000 

4.2 

1950- 

4.1 

1956.. 

13,  806, 000 
7, 667, 000 

4.8 
4.6 

7,  327. 000 
4,  498, 000 

4.9 
4.6 

3,  330, 000 
1, 688, 000 

4.7 
4.5 

3,  149, 000 
1,  481, 000 

4.8 

1950.. 

4.6 

North  Dakota 

1956.. 

4.  931,  000 

4.5 

1,  915,  000 

4.4 

2,113,000 

4.5 

903.  000 

4.6 

1950. 

2,  954, 000 

4.3 

1,  252, 000 

4.3 

1, 053,  000 

4.2 

649.  000 

4.4 

South  Dakota 

..1956- 

5,  904, 000 

4.3 

1.  858,  000 

4.3 

2.  784, 000 

4.3 

1,  262, 000 

4.4 

1950- 

3,  683, 000 

4.2 

1,241,000 

4.1 

1,  632, 000 

4.3 

810, 000 

4.2 

Nebraska 

1956— 

11,  410, 000 

4.3 

3,  956, 000 

4.3 

3,  836, 000 

4  3 

3,  618, 000 

4.3 

1950. . 

6,  540. 000 

4.1 

2,  571, 000 

4.1 

2, 072, 000 

4.2 

1. 897, 000 

4.1 

Kansas 

-1956— 

11,066,000 

4.5 

3,  518. 000 

4  6 

4,  619, 000 

4.4 

2,  929, 000 

4.6 

1950.. 

6,  225, 000 

4.3 

2,  243,  000 

4.4 

2, 466, 000 

4.2 

1,  516, 000 

4  3 

SOUTH  ATLANTIC 

Delaware 

1956.. 

654, 000 

5.0 

401, 000 

4.9 

159,000 

5.0 

94. 000 

5.1 

1950 -. 

460, 000 

4.8 

315, 000 

4.8 

87, 000 

4.8 

58.000 

4.6 

Maryland 

1956 

3,  997, 000 

4.9 

2,  542,  000 

4.9 

664, 000 

4.8 

791, 000 

4.9 

1950. . 

2,  495, 000 

4.7 

1,  714,  000 

4.7 

305, 000 

4.5 

476, 000 

4.7 

Virginia -  . - 

1956 

6,  853, 000 

4.9 

4,  368.  000 

4.9 

1,470.000 

5.0 

1,015.000 

5.0 

1950- . 

3,  465, 000 

4.6 

2,  514,  000 

4.7 

497, 000 

4.6 

454, 000 

4.4 

West  Virginia _    .  _  _  

1956.. 

1,  488. 000 

5.1 

1, 172, 000 

5.2 

224,  000 

4.7 

92.000 

5.2 

1950 

1,205,000 

4.9 

971,  000 

4.9 

106, 000 

4.9 

128, 000 

4.7 

North  Carolina 

1956.. 

9,  768, 000 

5.3 

4,789,000 

5.3 

2, 124,  000 

5.2 

2,  855. 000 

5.3 

1950 

4,  434, 000 

5.0 

2,391,000 

5.0 

771,000 

5.0 

1,272.000 

5.0 

South  Carolina 

1956.. 

3,  667, 000 

5.1 

2,  065.  000 

5.1 

845,  000 

5.1 

757. 000 

4.9 

1950 

1,  991. 000 

4.8 

1.  271,  000 

4.9 

362,  000 

4.6 

358, 000 

4.8 

Georgia . 

—1956.. 

8,325,000 

5.4 

4, 909, 000 

5.3 

1,834,000 

5.5 

1,582.000 

5.4 

1950. . 

4.122,000 

4.9 

2,  438. 000 

4.7 

597,000 

5.1 

1,087.000 

6.3 

Florida 

1956- 

7, 826. 000 

5.2 

5, 778. 000 

5.1 

1.265.000 

5.4 

783,000 

5.2 

1950- 

3, 138, 000 

48 

1,  804, 000 

49 

398,  000 

5.1 

936,000 

4.4 

EAST  SOUTH  CENTRAL 

7,  578, 000 

5.0 

4,  522, 000 

5.1 

1,  443, 000 

4.9 

1,613.000 

49 

1950.. 

4. 973, 000 

4.8 

3,  264, 000 

4.8 

794,000 

5.1 

915. 000 

48 

.     1956.. 

7, 071, 000 
4, 399, 000 

5.1 
5.0 

4,  415. 000 
2,  454,  000 

5.1 

5.0 

1,687,000 
757,000 

5.1 
5.3 

969, 000 
1,  188. 000 

5.0 

1950.. 

4.8 

Alabama 

1956  - 

6,  298, 000 

5.0 

3,  640, 000 

5.0 

1,  532, 000 

5.0 

1,126.000 

4.8 

1950.. 

4, 029, 000 

5.0 

2, 030, 000 

5.0 

771, 000 

5.2 

1, 228.  ono 

4.9 

8.  739, 000 

4.8 

4,  293,  000 

4.8 

2,  257, 000 

48 

2, 189.  000 

47 

1950.. 

4,  626, 000 

4.6 

2, 167,  000 

4.6 

570,  000 

46 

1,  889,  000 

4.6 

WEST  SOUTH  CENTRAL 

Arkansas 

1956- 

7,  799, 000 

5.2 

3,  259, 000 

5.6 

1,587,000 

5.0 

2,  953.  000 

4.9 

1950 

3, 919, 000 

4.6 

1,  772,  000 

49 

576, 000 

4.6 

1,571,000 

4.3 

Louisiana 

_ 1956- 

5,  213, 000 

5.0 

2,  705,  000 

5.1 

1. 193, 000 

5.1 

1,  255, 000 

4.7 

1950- 

2,  428, 000 

4.7 

1, 185,  000 

4.8 

379, 000 

4  5 

864,000 

4.5 

Oklahoma 

.      1956.. 

9.501.000 

4.7 

3,  492, 000 

4.8 

3,  772, 000 

4.5 

2,  237, 000 

4  7 

1950. 

5, 028, 000 

43 

2, 059,  000 

4.3 

1,628,000 

4.2 

1.341,000 

4.6 

Texas 

1956- 

31, 018. 000 

46 

12,611.000 

46 

7,  907, 000 

4  6 

10.  500, 000 

4  5 

1950- 

17,  SOO,  000 

44 

7,  716,  000 

40 

4,647,000 

4.5 

5,  437, 000 

44 

MOUNTAIN 

Montana 

1956- 

6,146,000 

46 

2, 054, 000 

4.6 

2,  927, 000 

4.6 

1, 165,  000 

4.8 

1950  . 

2, 788, 000 

45 

1,166,000 

4.5 

1,209.000 

44 

413,000 

4.5 

1956.. 

8,  040, 000 

46 

4,  239,  000 

46 

2,  157, 000 

4.5 

1, 644, 000 

4.8 

1950.. 

3.617.000 

46 

2,  360, 000 

47 

743,000 

44 

514. 000 

4.4 

-1956- 

3.004,000 

46 

923.000 

4.7 

1,745,000 

4.6 

336,000 

46 

19.50 

1.618.000 

4.5 

613, 000 

4.5 

760.000 

43 

245,000 

5.3 

Colorado                      

1956.. 

8.  727, 000 

4.8 

4,  2S3, 000 

4.8 

2. 639, 000 

4.8 

1,805,000 

4.7 

1950.. 

4, 835, 000 

46 

2,  245. 000 

4.6 

1,456,000 

46 

1, 134. 000 

4.6 

New  Mexico — 

1956.. 

4, 444, 000 

49 

1,  548. 000 

5.1 

1,  899, 000 

4.8 

997,  000 

5.0 

1950.. 

2,  203, 000 
3, 734, 000 
1,911.000 

4.6 
5  3 

917. 000 
1,  416, 000 

4.8 
5  1 

978, 000 
1,  573,  000 

4.5 
5.6 

308, 000 
745, 000 

4.4 
5.2 

Arizona. 

1950.. 

49 

960,000 

6.1 

510, 000 

48 

441,000 

4.8 

Utah 

1956— 

3, 450, 000 

4  9 

1,  928.  000 

4.9 

1,147,000 

4.9 

375,000 

5.0 

1950.. 

2, 029, 000 

4  8 

1, 355, 000 

4  8 

516. 000 

4  7 

158,  000 

4.9 

Nevada 

_ 1956.. 

1,153.000 

4  9 

797,  000 

5.0 

257, 000 

4.6 

99,000 

4.6 

1950.. 

605, 000 

47 

461,  000 

4.7 

47, 000 

5.0 

97,000 

4.4 

PACIFIC 

1956.. 

10. 093, 000 

4.9 

7, 022. 000 

5.0 

1, 864, 000 

4.7 

1,  207, 000 

4.7 

1950.. 

5, 644, 000 

46 

3,  760. 000 

4.7 

956, 000 

4  4 

928,000 

43 

_ 1956- 

9,695,000 

4.8 

6,319,000 

49 

2,  295, 000 

4.6 

1, 081, 000 

4  6 

1950- 

5, 317, 000 

46 

3,  619, 000 

4.7 

1,050.000 

45 

648,000 

45 

_ 1956- 

39, 024, 000 

49 

23,  814, 000 

5,0 

8,  200, 000 

4.9 

7, 010, 000 

4.8 

1950- 

21,473,000 

47 

12,  729, 000 

46 

3, 954, 000 

47 

4,  790, 000 

48 

'  Includes  rented  portion  of  farms  operated  by  part  owners. 


FARM-MORTGAGE  DEBT  67 

Table  8. — Amount  of  Farm-Mortgage  Debt  Held  by  Principal  Lenders,  for  the  United  States:  1910-56 


Total  mortcaeo 
debt  (dollars) 

Amount  held  by- 

Year 

Federal  land 

banks  and 

Fed!  ral  Farm 

Mortgage 

Corporation 
(dollars) 

Farmers'  Home 

Administration 

(dollars) 

Life  insurance 
companies 
(dollars) 

All  operating 
banks 
(dollars) 

Farm 

npccilnrs.  other 

individuals, 

and  all  other 

lenders 

(dollars) 

9.066, 153.000 
6. 579,  278. 000 
4,940,915,000 

6,  586. 399. 000 

7,  584.  459.  OHO 
9, 630. 768, 000 

9. 912.  650. 000 
8. 448.  772. 000 
3, 207, 863,  tmo 

1,480.204,000 

964,727.000 

1,  556, 983, 000 

2.723.110.000 
2.664,179.0110 
1,201,732,000 

923.077,000 
293.595,000 

277. 869. 000 
188, 855  000 
193,  377, 000 

31,927,000 

2,271.784.000 

1, 172. 326. 000 

933,  723, 000 

984,  290. 000 
1.301.562.000 
2,118.439,000 

1, 942.  624.  000 
974.  826.  000 
386,961,000 

1, 346, 287. 000 
937,144.000 
449,  682, 000 

534.170.000 
498, 842  000 
997, 468, 000 

1,  200.  456.  000 

1, 204. 383  000 

406,  248,  000 

i  3. 690. 009. 000 

2,316.  226.  firm 

1,807,250,000 

2. 312.  902.  000 

5,313,129,000 

5. 846, 493. 000 

2, 414, 654, 000 

>  This  total  comprises  $2,886,298,000  held  by  farm  operators  and  other  individuals,  and  $804,71 1,000  held  by  other  lenders  such  as  mortgage  companies  and  State  and  county  agencies. 


Table  9.- 


-Average  Rate  of  Interest  (Percent)  on  Farm-Mortgage  Debt  Held  by  Principal  Lenders,  by  Geographic  Divisions: 

January  1,  1956 


Region  and  division 

All  lenders 

Federal 
land 
banks  and 
Federal 
Farm 
Mortgage 
Corpora- 
tion ' 

Farmers' 
Home 

Adminis- 
tration 

Life 
insurance 
companies 

All 

operating 

banks 

Individ- 
uals 

All  others 

4.7 

4.1 

3.9 

4.6 

4.9 

4.7 

5.0 

North 

4.5 
4.9 

4.8 

4,8 
4.8 
4.5 

4.4 

5.1 
4.9 
4.7 
4.8 
4.9 

4.1 
42 
4.0 

4.4 
4.4 
4.0 
4.0 

4.6 
4.0 
4.0 
4.0 
40 

3.9 
3.9 
3.9 

4.0 

4.1 
3.9 
3.9 

40 
3.9 
3.8 
3.9 
40 

44 
47 

4  8 

48 
4.9 
4  4 
44 

4.8 
46 
47 
4.8 
46 

8.1 
6.7 
5.6 

6.1 
5.2 
5.1 
5.0 

5.6 
5.8 

5.8 
5.7 
5.4 

44 
5.2 

5.0 

47 
4.6 
4.3 
43 

5.2 
6.2 
6.3 
49 
5.0 

4.8 

5.1 

5.2 

GEOGRAPHIC  DIVISIONS 

5.1 

48 

4.7 

6.7 

5.5 

4.3 

5.2 

5.2 

i  Data  from  Farm  Credit  Administration. 


68 


FARM-MORTGAGE  DEBT 


Table  10. — Farm-Mortgage  Debt — Total  Outstanding  and  Loans  Held  by  Principal  Lenders,  by  Divisions  and  States: 

January  1,  1956  and  1950 


Region,  division,  and  State 


United  States. 

The  North.. 
The  South.. 
The  West.. 


Geographic  Divisions: 

New  England. 

Middle  Atlantic 

East  North  Central.. 
West  North  Central. 


South  Atlantic 

East  South  Central.. 
West  South  Central- 
Mountain 

Pacific 


New  England : 

Maine 

New  Harnpshii 
Vermont 


M;iss;ichns!'1ls 
Rhode  Island... 
Connecticut — 


Middle  Atlantic : 

New  York 

New  Jersey 

Pennsylvania.. 


East  North  Central : 

Ohio 

Indiana 

Illinois 

Michigan 

Wisconsin 


West  North  Central: 

Minnesota 

Iowa 

Missouri 


North  Dakota.. 
South  Dakota- 
Nebraska 

Kansas 


South  Atlantic : 


Maryland 

Virginia 

West  Virginia. 


Florida. 

st  South  Central: 

Kentucky 

Tennessee 

Alabama 

Mississippi 


West  South  Central : 

Arkansas 

Louisiana 

Oklahoma 

Texas 


Mountain : 
Montana. . 

Idaho 

Wyoming. 
Colorado.. 


New  Mexico- 
Arizona 

Utah 

Nevada 


Pacific: 

Washington- 
Oregon 

California 


Amount  (dollars) 


4,  494, 433, 000 
2,  565,  616,  000 
2, 006, 104,  000 


190,  235, 000 

516,992,000 

1,621,896,000 

2,165,310,000 

827, 563, 000 
599,  985, 000 

1,138,068,000 
808,  280, 000 

1, 197, 824, 000 


28,361,000 
21,  582, 000 
42,  058, 000 

49, 724, 000 
6,  250, 000 
42,  260,  000 


235, 435, 000 
83,361,000 
198, 196,  000 


333,982,000 
309,125,000 
368,  154,000 
235,917,000 
374,  718,  000 


452,633,000 
f.69,  588, 000 
285,  992, 000 

110,107,000 
136,  625,  000 
265,  336,  000 
245,129,000 


13,201,000 
81,838,000 
138,  856, 000 
29, 054,  000 

185,  073, 000 
72,511,000 
155,  262,  000 
151,  768,  000 


151,019,000 
139,  032, 000 
126,891,000 
183, 043, 000 


150,203,000 
104,317,000 
204,174,000 
679, 374, 000 


132,542,000 
174,  326, 000 
64,  857, 000 
182,  606, 000 

89,  848, 000 
70,179,000 
70, 258,  000 
23,  664,  000 


205,  796, 000 
202,  358,  000 
789,  670, 000 


2,986,114,000 
1,470,261,000 
1,122,903,000 


141,975,000 

373, 125,  000 

1,133,401,000 

1, 337, 613,  000 

442,  830, 000 
372, 436, 000 
654,  995, 000 
424,  502, 000 
698,401,000 


20,  470, 000 
15,  570,  000 
31,  855,  000 

38,  825, 000 
4, 227, 000 
31,028,000 


169,428,000 
55,  916,  000 
147,  781,  000 


228,681,000 
200,  425, 000 
265,  755,  000 
155,  514,  000 
283,  026,  000 


276, 807, 000 
433, 878, 000 
167, 053,  000 

69, 108.  000 
87,  536. 000 
157,956,000 
145,  275,  000 


9,  659,  000 
53,  640, 000 
74,  722, 000 
24,  804,  000 

89,010.000 
41, 128,  000 
84,  072, 000 
65,  795, 000 


102. 902, 000 
88,015,000 
80,  295, 000 

101,224,000 


85,  329, 000 
52,195,000 
116,917.000 
400,  554, 000 


62, 449,  000 
79,  299, 000 
35,  852, 000 
105,  209, 000 

47,  699, 000 
38,751,000 
42,312,000 
12, 931,  000 


123,010,000 
114,531,000 
460,  S60, 000 


50.5 
74.5 
78.7 


38.5 
38.6 
32.0 

28.1 
47.9 
36.2 


52.6 
85.8 
17.1 

107.9 
76.3 
84.7 

130.7 


46.8 
58.0 
58.0 


81.1 
66.0 
83.0 


67.3 
76.7 
71.3 


Federal  land  banks  and  Federal  Farm 
Mortgage  Corporation  l 


Amount  (dollars) 


772, 895, 000 
443, 865, 000 
263,  444, 000 


28,  558.  000 
66,  649.  000 
254, 480,  000 
423,  208,  000 

112,150,000 
101, 750,  000 
229, 965,  000 
127,791,000 
135,  653,  000 


4, 330.  000 
2,  082.  000 
8,  554,  000 

7,012,000 

979,  000 

5, 601,  000 


35,  659. 000 
10,  689,  000 
20, 301,  000 


36.  576, 000 
38, 952,  000 
77, 942,  000 
47,  614,  000 
53,  396, 000 


78,  872. 000 
111.943,000 
36,  226, 000 

23, 537,  000 
48, 740, 000 
69,611,000 
54,  279, 000 


25,  860,  000 
17,679,000 
27, 456,  000 
13,  695,  000 


17,054,000 
17,  535.  000 
35, 120.  000 
32,041,000 


15,402,000 
19,018,000 
30,  502,  000 
165,043,000 


24, 082,  000 
34, 109,  000 
11,962.000 
27, 196, 000 

9,  865,  000 
7,718,000 
10,  639, 000 
2,  220, 000 


25,  893, 000 
23,511.000 
86, 249, 000 


519,993,000 
281,185,000 
163,  549,  000 


23,  935. 000 
50.517,000 
157.  205,  000 
288,  336, 000 

74,  029, 000 
63,170.000 
143,  986.  000 
74,619,000 
88, 930,  000 


3,118,000 
1,  710,  000 
5,895,000 

6, 835, 000 
1,012,000 
5, 365, 000 


29,  232, 000 
8, 880,  000 
12,405,000 


18,373,000 
22,  953.  000 
53,501,000 
24,  668, 000 
37,710,000 


52.  255,  000 
84,  398, 000 
23,  693, 000 

15,212,000 
31.369,000 
49.317.000 
32,  092, 000 


645,000 
4,  470, 000 
8. 992, 000 
3,  975,  000 

15,  768.  000 
11,058.000 
18,  269.  000 
10, 852, 000 


11,005,000 
10,  957. 000 
19,995,000 
21,213,000 


12.085.000 
12,  997, 000 
20,714.000 
98, 190,  000 


13,  093.  000 

15,  506,  000 
8, 336. 000 

16,  575, 000 

5,951,000 
5,991,000 
7,  686,  000 
1,481,000 


15,0*4,000 
14,  672, 000 
59, 174, 000 


Percent 

change, 

1950  to 

1956 


19.3 
31.9 
61.9 
46.8 

51.5 
61.1 
59.7 


22.0 
20.4 
63.7 


45.7 
93.0 
41.6 


50.9 
32.6 
52.9 

54.7 
55.4 
41.2 
69.1 


fit.  0 
59.  9 
50.3 
26.2 


55.0 
60.0 
75.6 
51.0 


27.4 
46.3 
47.3 


Farmers  Home  Administration  • 


Amount  (dollars) 


83, 906, 000 
144, 939, 000 
49, 024,  000 


3,  401,  000 
8,  424, 000 
22,  585, 000 
49, 496, 000 

47, 028, 000 
47, 285, 000 
50,  626,  000 
31,844,000 
17, 180,  000 


1,701,000 
294,  000 
662,  000 

442, 000 
25, 000 
277, 000 


2, 754. 000 
1,873,000 
3,  797, 000 


4, 137, 000 
4, 467, 000 
4, 058.  000 

4,  295, 000 

5,  628, 000 


7, 423, 000 
6, 803, 000 
12,  723, 000 

4,  616,  000 
4. 373,  000 
6, 359, 000 
7, 139, 000 


248, 000 
1,052,000 
4,  683, 000 
3,165,000 

11,460.000 
8,  317, 000 

13,812,000 
3,  691, 000 


4,  903, 000 
8,119,000 
13,628,000 
20,  635,  000 


10,  647. 000 
8,041,000 
12,341,000 
19,  597, 000 


3,  898, 000 
8,  953. 000 
3.012,000 
3,  939, 000 

3,  682,  000 
2,791,000 

4,  955.  000 
614, 000 


7,  929,  000 
4, 082,  000 
5, 169, 000 


57,  547. 000 
113,722,000 
17,5S6,000 


2, 407, 000 
7,  748,  000 
16,983,000 
30, 409,  000 

32,  672,  000 
34,918.000 
46,132,000 
12,  645, 000 
4,941,000 


764, 000 
153,  000 
708,  000 

518,000 
31,000 
233,  000 


2,  772, 000 
1,533,000 

3,  443,  000 


3,613,000 
3,  204, 000 
3, 055, 000 
3,  218,  000 
3,  893, 000 


6,  038, 000 
3,381,000 
8,113,000 

2, 450, 000 
2,155,000 
3, 198,  000 
5,074,000 


304,000 
1,432,000 
2,  600,  000 
1,471,000 

6,  755, 000 
6,  534, 000 
11,655,000 
1,  921, 000 


3, 037, 000 
5,  377, 000 
9,  310,  000 
17,194,000 


10,  424.  000 
6, 398, 000 
9,  534,  000 

19,  776, 000 


2.  774,  000 
2,  247,  000 
1,160,000 
1,728,000 

1,344,000 
767,000 

2, 357, 000 
268,  000 


1,  562.  000 
1,  523,  000 
1, 856,  000 


'  Includes  regular'mortgages,  purchase-money  mortgages,  and  sales  contracts. 
3  Includes  tenant-purchase,  farm-enlargement,  farm-development,  project-liquidation,  farm-housing,  and  soil-  and  water-conservation  loans;  and  loans  for  these  purposes  from 
State  Corporation  trust  funds. 


FARM-MORTGAGE  DEBT 


Table  10. — Farm-Mortgage  Debt- 


-Total  Outstanding  and  Loans  Held  by  Principal  Lenders,  by  Divisions  and  States: 
January  1,  1956  and  1950 — Continued 


I/lie  Insurance  companies  l 

All  others  • 

All  operating  banks 4 

Region,  division,  and  State 

Amount  (dollars) 

Percent 

change, 

1950  to 

1956 

Amount  (dollars) 

Percent 

change, 

1950  to 

1956 

Amount  (dollars) 

Percent 
change, 

1956 

1950 

1956 

1950 

1956 

1950 

1950  to 
1966 

2,  271,  784,  000 

1, 172,  326,  000 

93.8 

6, 036, 296,  000 

S,  263,  370,  000 

54.8 

1,  346, 237,  000 

937, 144,  000 

43.7 

The  North 

1,1  IK,  748, 000 
721,714,000 
431,322,000 

664,  912, 000 
326,862,000 
180,  552, 000 

68.3 
120.8 
138.9 

2,518,884,000 

1,255,  Oils,  H0II 
1,262,314,000 

1,743,662,000 
748,492,000 
761,216,000 

44.5 
67.7 
65.8 

747,  447, 000 

4?6,  SSX.IIMO 

171,952,000 

534,017,000 
277,627,000 
125,500,000 

40.0 
53.8 

37.0 

Geographic  Divisions: 

4,  806, 000 
39,240,000 
350, 409, 000 
724,293,000 

138,  599, 000 
129,722,000 
453, 393, 000 
247,  796, 000 
183,  526, 000 

1,742,000 
20,147,000 
198, 827, 000 
444, 190, 000 

43,786,000 
59,  137, 000 
223, 939, 000 
88,652,000 
91,  900,  000 

175.9 
94.8 
76.2 
63.1 

216.5 
119.4 
102.5 
179.5 
99.7 

153, 470, 000 
402, 679, 000 
994,  422, 000 
968,313,000 

529,  786, 000 
321,228,000 
404, 084, 000 
400,849,000 
861,465,000 

113,891,000 
294,713,000 
760, 386, 000 
574,  672, 000 

292,  343, 000 
215,211,000 
240,  938, 000 
248,  586, 000 
512,630,000 

34.8 
36.6 
30.8 
68.5 

81.2 
40.3 
67.7 
61.3 
6S.0 

51,479,000 
131,513,000 
335,098,000 
229, 357, 000 

187, 863, 000 
142, 634,  000 
96,391,000 
33,119,000 
138,833,000 

36,3(12,000 
90,934,000 
237, 974  000 
168, 807, 000 

115,911,000 
104, 454, 000 
57, 262, 000 
25,210,000 
100,  200, 000 

41.8 

44.6 

40.8 

35.9 

62.1 

36.6 

68.3 

31.4 

38.4 

New  England : 

809, 000 

2,000 

1, 349, 000 

626, 000 

19, 000 

2,001,000 

15,579,000 
15,020,000 
8,641,000 

50,  334, 000 
109,  224, 000 
150,  940, 000 

15,242,000 
24,669,000 

106, 684, 000 
276,025,000 
105,597,000 

12,130,000 
44,645,000 
91,  982, 000 
87,230,000 

376,000 
6,113,000 
20,  634,  000 
1, 188, 000 

26,612,000 
6,  559, 000 
25,  784, 000 

51,  333,  000 

42, 337, 000 
23,181,000 
12,  339, 000 
51,865,000 

64, 146, 000 
18,  512, 000 
85, 361, 000 
285, 374, 000 

30,  925, 000 
43,  192,  000 
29, 843,  000 
62,  761, 000 

41,  238, 000 
22,  788, 000 
10,  208, 000 
6,841,000 

30,101,000 
36,175,000 
117,250,000 

15,000 

6,000 

343, 000 

611,000 
13, 000 

755, 000 

7,  590, 000 
7,492,000 
5,065,000 

26,  935, 000 
62, 880, 000 
90,  662, 000 
6,  253, 000 
12, 097, 000 

62, 853, 000 
173,647,000 
66,  224, 000 

9, 696, 000 
32,  330, 00 
54,  659, 000 
44,  787, 000 

179, 000 
3,  505, 000 

8,  366, 000 
382, 000 

8,  471, 000 

1,  203, 000 
10, 653, 000 
11,027,000 

19,814,000 
11,897,000 

2,  762, 000 
24, 664, 000 

29, 835, 000 

9, 695, 000 

29, 846, 000 

154,  563, 000 

7,001,000 
14,832,000 
10,  738, 000 
21,221,000 

21, 828, 000 
7, 351, 000 

2,  338, 000 

3,  343, 000 

14, 673, 000 
14, 491, 000 
62,736,000 

-60.0 
293.3 

2.5 
46.2 
165.0 

105.3 

100.5 
70.6 

86.9 
73.7 
66.5 
143.8 
103.9 

69.7 
59.0 
59.5 

25.1 
38.1 
68.3 
94.8 

110.1 
74.4 
146.6 
211.0 

214.2 

445.2 
142.0 
365.5 

113.7 
94.8 
346.7 
110.3 

115.0 

90.9 
186.0 
84.6 

341.7 

191.2 
177.9 
195.7 

88.9 
210.0 
336.6 
104.6 

105.1 
149.6 
86.9 

21,521,000 
19,  204, 000 
31,493,000 

41,644,000 
6,  227, 000 
34,381,000 

181,443,000 
55,779,000 
165,457,000 

242, 935, 000 
156,482,000 
135,214,000 
168,766,000 
291,025,000 

259,  554, 000 
274,  757, 000 
131,446,000 

69,  824, 000 
38,867,000 
97,  3S4, 000 
96, 481, 000 

11,169,000 
66,694,000 
100, 17S.000 
19,389,000 

121,141,000 
39,  956, 000 
88,210,000 
83,049,000 

86,725,000 
90,197,000 
65, 804, 000 
78,  502, 000 

60, 008, 000 
58,  746, 000 
75,  970, 000 
209, 360, 000 

73,  637, 000 
88, 072, 000 
20, 040, 000 
88,710,000 

35, 063, 000 
36, 882,  000 
44, 456, 000 
13,989,000 

141,873,000 
138,  590, 000 
581, 002, 000 

16, 573, 000 
13,  702, 000 
24,  909,  000 

30,861,000 
3,171,000 
24,  675, 000 

129,834,000 
38,011,000 
126,  868, 000 

179,  760, 000 
111,388,000 
118,537,000 
121,375,000 
229,326,000 

155, 661, 000 
172,452,000 
69,023,000 

41,750,000 

21,  682, 000 
50,  782, 000 
63, 322, 000 

8,531,000 
44,  233, 000 
54,  764, 000 
18, 976, 000 

58,016,000 

22,  333, 000 
43, 495, 000 
41,995,000 

69, 046, 000 
59,784,000 
48, 228, 000 
38, 153, 000 

32, 985, 000 
23,105,000 
56, 823, 000 
128, 025, 000 

39,581,000 
46,  714, 000 
15,618,000 
65,  6S5,  000 

18,  576,  000 
24,  642, 000 
29,931,000 
7, 839, 000 

91,691,000 
83, 845, 000 
337, 094, 000 

29.9 
40.2 
26.4 

34.9 
64.8 
39.3 

39.7 
46.7 
30.4 

35.1 
40.5 
14.1 
39.0 

26.9 

66.7 
59.3 
90.4 

67.2 
79.3 
91.8 
52.4 

30.9 
50.8 
82.9 
2.2 

108.8 
78.9 

102.8 
97.8 

25.6 
50.9 
36.4 
105.8 

81.9 
154.3 
33.7 
63.5 

86.0 
88.5 
28.3 
35.1 

88.8 
49.7 
48.5 
78.5 

54.7 
65.3 
72.4 

7,  529, 000 
4,  222, 000 
17,211,000 

10,176,000 
2,691,000 
9, 650,  000 

51,344,000 
12,  259,  000 
67,910,000 

100,511,000 
59, 840, 000 
53,  274, 000 
48,  9S0, 000 
72,  493, 000 

60,014,000 
68,173,000 
51,266,000 

7, 024, 000 
5,041,000 
12,  918, 000 
24,  921, 000 

9, 183, 000 
26,718,000 
39,117,000 
11,010,000 

36, 008, 000 
9,907,000 
39,476,000 
16,444,000 

57,  778, 000 
43,  905, 000 
18,  569, 000 
22, 382, 000 

18,  994, 000 
20,771,000 

17,  247, 000 
39,  379, 000 

3,  477, 000 
3, 866, 000 
1,  882,  000 
7,  716, 000 

3, 320, 000 
3,  344,  000 
8,502.000 
1,012,000 

18,  899, 000 
18, 182, 000 

101,752,000 

4,  458, 000 

2,  656, 000 
14, 973, 000 

7, 092, 000 
1,  524,  000 
5, 599, 000 

36,426,000 
6,647,000 
47,861,000 

73,  568, 000 
45,  734, 000 
32,  181,000 
37,565,000 
48, 926,  000 

43,023,000 
53,605,000 
36, 851, 000 

3, 151, 000 
4,043,000 
9,  462, 000 
18, 672, 000 

6, 987, 000 
16,916,000 
28,177,000 
10,719,000 

20,  945, 000 
6,879,000 

19,  747, 000 
6,542,000 

46, 465, 000 
30,  0S4, 000 
14, 333, 000 
13,  572, 000 

9,  272,  000 
10,335,000 
10, 437, 000 
27,  218, 000 

2,316,000 

3,  825, 000 

1,  942, 000 

4,  726, 000 

2, 188, 000 

2,  038, 000 
7, 150, 000 
1, 025, 000 

14, 109, 000 
8, 492, 000 
77, 689, 000 

68.9 

59.0 

14.9 

43.5 

76.6 

72.4 

Middle  Atlantic: 

41.0 

84.4 

41.9 

East  North  Central: 

36.6 

30.8 
65.5 

30.4 

48.2 

V/est  North  Central: 

39.  S 

27.2 

Missouri 

39.1 
122.9 

24.7 

36.5 

33.5 

South  Atlantic: 

31.4 

58.0 

38.8 

2.7 

71.9 

68.5 

99.9 

151.4 

East  South  Central : 

24.3 

45.9 

29.6 

64.9 

West  South  Central: 

104.9 

101.0 

65.2 

44.7 

Mountain: 

50.1 

Idaho. _ 

Wyoming 

1.1 
-3.1 
63.3 

51.7 

64.1 

18.9 

-1.3 

Pacific: 

33.9 

114.1 

31.0 

>  Includes  loans  held  by  all  operating  banks,  individuals,  and  miscellaneous  leuders. 

*  Mortgage  loan  data  for  all  operating  banks  are  classified  according  to  location  of  bank  and  are  not  strictly  comparable  with  data  for  other  lenders  whose  loans  are  classified  accord- 
ing to  location  of  security  or  borrower. 
'  Percent  not  shown  when  over  1,000. 


70  FARM-MORTGAGE  DEBT 

Table  11. — Mortgaged  Farms  Operated  by  Full  Owners,  Classified  by  Rate  of  Interest,1  by  Divisions  and  States:  1956 


Total 

mortgaged 

full-owner 

farms 

Number  of  mortgaged  full-owner  farms  reporting  rate  of  interest  as- 

Division and  State 

under  3 
percent 

3.00  to 
3.99  percent 

4.00  to 
4.49  percent 

4.50  to 
4.99  percent 

5.00  to            5.50  to 
5.49  percent  5.99  percent 

6.00(0 
6.99  percent 

7.00  percent 
and  over 

909, 2S9 

14. 068 

40, 943 

249, 493 

89, 929 

195, 105 

15,  329 

261.  397 

42, 977 

Geographic  Divisions: 

27, 242 
70,341 
175.617 
171,  282 

128.  398 
109, 351 
101,470 
43, 938 
81, 600 

547 
1,003 
3,530 
2,272 

2,554 

1,647 

1,180 

643 

690 

707 
1,943 
10, 125 
7,217 

4,263 
3.707 
8,941 
1,945 
2,095 

4,765 
11,336 
55, 625 
76, 894 

15,068 
28,143 
27,761 
13,340 
16,  571 

3,900 
8, 591 
19, 155 
23,887 

8,439 
5,983 
8,913 
4,854 
6,207 

10,967 
25.  671 
44,241 
27,373 

29,377 
11,046 
14,623 
10, 130 
21,687 

694 

880 

3,729 

2,529 

2,379 

941 

937 

1,150 

2,090 

6,594 
20,  734 
36,471 
25, 502 

58,253 
50. 405 
25,  752 
9,439 
29,  247 

88 

183 

2,741 

5,608 

8,065 

7,479 

13, 363 

2,437 

3,013 

New  England : 

6,520 
3,483 
5,998 

6,514 

685 
4,042 

31,  733 
8,077 
30,531 

39,474 
34,473 
21,255 
33, 867 
46,648 

41,799 
39,769 
44,331 

8,824 
7,767 
13,318 
15,474 

1,356 

7.967 
20, 208 
9,168 

32,568 
14. 752 
28,426 
13,953 

28,629 
27,  760 
26,530 
20,  432 

20, 601 
15.754 
19.613 
45,502 

6,696 
12.309 
2,615 
9,485 

3,869 
2,531 
6,391 
1,042 

21,877 
18.39S 
41,325 

150 
63 
12 

221 
16 
85 

286 
137 
580 

513 
310 
489 
542 
1,676 

1,003 

477 
355 

159 
132 
53 
93 

8 
96 
404 
174 

489 
369 

540 
474 

258 
250 
875 
264 

227 
126 
235 
592 

46 
222 

37 
152 

74 
23 

89 

117 
91 
102 

182 

9 

206 

603 
363 

977 

987 

827 

871 

1,016 

6,424 

2,592 
1,631 
1,108 

715 
287 

466 
418 

35 
303 

606 
266 

782 
649 
938 
684 

4S7 

916 

1,167 

1,137 

1,174 

662 

2,373 

4,732 

461 
517 
144 
247 

159 
84 
313 

20 

547 

615 

1,033 

1,056 

700 

1,092 

1,329 
86 
492 

5,522 
1,082 
4,732 

9,750 

10, 067 
8,756 
9,178 

17,874 

20,523 
22,668 
11,304 

3,883 

4,178 
8,258 
6.080 

152 
1,243 
2,508 
1,256 

3,289 

2,375 

3,354 

893 

4,523 
4,553 
9,657 
9,410 

3,935 
3,403 
5,590 
14,833 

1,795 
4,800 
1,004 
2,892 

956 

405 

1,272 

216 

4,179 
4,416 
7,976 

789 
341 
768 

1,238 
109 

655 

4,379 
1,220 
2,992 

3,868 
6,240 
3,762 
1,863 
4,422 

5,601 
8,113 
3,  721 

S6H 
1.25S 
2,091 
2,244 

137 

693 

1,415 

889 

1,791 
811 

2,047 
056 

1,632 
1,332 
1,327 
1,692 

1,401 

567 

1,530 

6,415 

370 
1,748 

358 
1,157 

364 
167 
607 
83 

1.48S 
1,454 
3,265 

1,793 
1,633 
2,674 

2,495 

312 

2,050 

13,581 
3,297 
8,793 

12,  829 
8,170 
3,720 
9,700 
9,822 

6,353 
4,414 
8,113 

1,579 
1,383 
1,678 
3,863 

602 
3,321 
6,133 

880 

0,774 

2,862 
5,884 
3,921 

4,008 
2,804 
1,363 
2,881 

1,936 
2,080 
3,099 
7,508 

1,623 

2,548 

515 

2,362 

681 

575 

1,489 

337 

6,366 
4,783 
10,538 

46 
45 
126 

352 

8 

117 

666 
153 
61 

1,816 
586 
468 
440 
419 

669 
398 

798 

141 
16 
120 

387 

8 
231 
404 

119 

619 
207 

512 
279 

229 

500 
27 
185 

124 
110 
157 

546 

108 
357 

2,523 

610 

1,182 

697 
145 
437 

6,696 
1,825 
12, 213 

9,711 
8,825 
2,551 
10,  078 
5,306 

4,013 

1,790 
15,  560 

953 

272 

639 

2,275 

414 
2. 032 

9.659 
5,529 

18,563 
5,163 

11,228 
5,665 

17,063 
16,683 
9,126 
7,633 

7,375 
5,340 
4,119 
8,918 

1,242 

1,612 

413 

2,106 

1,008 
986 

1,726 
346 

7,919 
6,163 
15,165 

46 

42 

Middle  Atlantic: 

183 

East  North  Central : 

448 

638 

1,050 

605 

West  North  Central: 

1,045 

278 

3,369 

538 

241 

13 

124 

South  Atlantic: 

48 

81 

65 

261 

2,316 

3,923 

1,381 

East  South  Central : 

429 

722 

2,998 

3,330 

WestSoulh  Central: 

4,429 

3,466 

2,  510 

2,958 

Monntain : 

51 

505 

144 

ISO 

174 
68 

243 
20 

372 

313 

1,405 

389 

453 

223 

652 

20 

Pacific: 

175 
184 
331 

831 

670 

1,612 

i  Distribution  of  mortgaged  farms  by  rate  of  interest  estimated  by  computing  percentage  distribution  of  mortgage  loans  by  rate  of  interest  and  applying  this  distribution  to  number 
of  mortgaged  farms. 


FARM-MORTGAGE  DEBT  71 

Table  12.— Mortgaged  Farms  Operated  by  Part  Owners,  Classified  by  Rate  of  Interest,1  by  Divisions  and  States:  1956 

[Data  refer  only  to  owned  portion  of  farms  operated  by  part  owners.    See  text] 


Total 
mortgaged 
part-owner 

farms 

Number  of  mortgaged  part-owner  farms  reporting  rate  of  Interest  as — 

Division  and  State 

Under  3 
percent 

3.00  to 
3.99  percent 

4.00  to 
4.49  percent 

4.50  to 
1.99  percent 

6.00  to 
5.49  percent 

5.50  to 
6.99  percent 

6.00  to 
1.99  percent 

7.00  percent 
and  over 

368, 269 

4,898 

20, 058 

119,984 

44,844 

75, 087 

6,372 

81,183 

16,873 

Geographic  Divisions: 

7,420 

18,  5S9 
62, 965 
102,319 

42, 439 
40, 076 
50, 920 
24, 575 
IS,  976 

155 

365 

1,389 

1,375 

469 
245 
336 
374 
200 

273 

663 

3,778 

5,230 

1,335 
1,028 
5,942 
1,230 
579 

1,383 
3.657 
23,311 
48,040 

4,845 
10,151 
15, 452 
7,941 
5,184 

1,535 
3,114 
7,674 
16,015 

2,933 
2,769 
6,430 
2,716 
1,658 

2,779 

6,576 
15,485 
17,635 

9,155 

4,547 
7,558 
6,139 
5,223 

177 

651 

800 

1,170 

816 
137 
626 
532 
663 

1,112 

3,045 
9,647 
9,580 

19,477 
18,784 
0,760 
4,147 
5,011 

6 

28 

871 

3,274 

3,409 

2,415 

4,816 

1,496 

558 

New  England: 

1,183 

939 

2,171 

1,416 

199 

1,512 

9,615 
1,477 
7,497 

11,881 
13,904 
12,614 
12,482 
12, 174 

18,881 
15, 657 
16, 795 

10,348 
11,780 
11,459 
17,399 

377 

2,024 
5,756 
1,248 

15, 163 
5,704 
9, 223 
2,944 

9,156 
11,012 
10,889 

9,019 

7,386 
5,003 
13, 573 
24, 958 

5,504 
4,457 
2,345 
5,406 

2,477 

1,203 

3,004 

179 

4,796 
4,484 
9,696 

38 
7 
41 

33 

25 
27 

102 

65 

1C9 
151 
389 

338 
41 
295 

1,933 

307 

1,417 

3,742 

4,977 
5,530 
4,058 
5,004 

9,838 
9,002 
6,106 

4,097 
6,456 
6,130 
7,411 

40 
381 
593 
225 

1,425 
781 

1,088 
312 

1,483 
2,302 
3,354 
3,012 

1,614 
1,321 
4,331 
S.280 

1,772 

1,784 

928 

1,627 

654 
236 
895 
45 

1,620 
1,395 
2,269 

234 
137 
382 

334 

79 
369 

1,808 

294 

1,012 

1,319 

2,086 
1,977 
1,148 
1,144 

2,379 
3,178 
2,217 

776 
1,779 
2,154 
3,632 

52 
223 

777 
192 

531 
359 
599 
200 

613 
385 
806 
965 

702 

295 

1,764 

3,669 

418 
423 
267 
800 

372 
135 
288 
13 

441 
529 
688 

355 
488 
868 

523 

29 
516 

3,625 

513 

2,438 

3,612 
3,726 
2,27S 
3,532 
2,337 

2,303 
1,691 
3,745 

2,473 

1,849 
1,833 
3,741 

199 

793 

1,261 

171 

3,427 

1,107 

1,605 

592 

1,392 

1,443 

882 

830 

820 

495 

1,751 

4,492 

1,343 

1,132 

619 

1,449 

623 
314 
631 
28 

1,113 

1,269 
2,841 

362 

122 
341 

«9 
60 
138 

1, 538 

263 

1,844 

1,913 
2,294 
1,502 
2. 696 
1,242 

1,473 

501 

4,249 

849 

577 

539 

1,392 

72 

441 

2,872 

587 

8,642 

2.220 
3,542 
1,101 

5,229 
0,  607 
4,170 
2,778 

2,275 

1,606 
2,185 
3, 694 

831 
633 

267 

073 

359 
377 
662 
45 

1,204 

771 
3,036 

48 
18 

6 

36 

154 

6 

195 

4G3 
139 
125 
212 
450 

434 
282 
151 

135 
130 
34 

209 

54 

192 
44 
427 

501 

526 

499 

1,717 

1,718 
658 
403 

797 
436 
539 

679 

6 

99 
121 
22 

440 
302 
295 
50 

2.'.t> 
220 

280 

406 

115 

2,321 

3,070 

534 
147 
124 
146 

107 
29 

108 
35 

163 
193 
223 

104 

365 
44 
142 

214 
153 
113 
137 
183 

132 
157 
101 

176 
188 
13S 
278 

Middle  Atlantic: 

6 

22 

East  North  Central: 

S3 

28 

463 

200 

97 

West  North  Central: 

004 

188 

823 

1,045 

365 

92 

157 

South  Atlantic : 

8 

30 

69 
30 

197 
74 
28 
41 

49 
63 
14 

440 
34 

148 
G8 

137 

8 

7 

61 

827 

1,918 

580 

East  South  Central: 

46 

33 

131 
81 

22 

1,274 

1,073 

West  South  Central: 

81 
35 
136 
374 

94 
89 
30 
141 

62 
35 
81 

1,588 

55 
81 
200 

138 
71 
40 
16 

42 

1,051 

1,173 

Mountain : 

374 

258 

Utah 

54 
13 

77 
36 
87 

285 

Pacific: 

62 
94 
407 

216 

145 

i  Distribution  of  mortgaged  farms  by  rate  of  interest  estimated  by  computing  percentage  distribution  of  mortgage  loans  by  rate  of  interest  and  applying  this  distribution  to 
number  of  mortgaged  farms. 


72 


FARM-MORTGAGE  DEBT 


Table  13. — Number,  Acreage,  and  Value  of  Mortgaged  Farms  Operated  by  Full  Owners  and  Part  Owners,  Classified  by 

Ratio  of  Debt  to  Value,  by  Geographic  Divisions:  1956 

[Data  for  part  owners  relate  only  to  owned  portion.    See  text] 


Number  of  mor 

gaged  farms 

Land  in  mortgaged  farms  (acres)  oper- 

Value  of  land  and  buildings  (dollars)  for  mortgaged  farms  oper- 

operated by  their  owners 

ated  by — 

ated  by — 

Per- 
cent 

Operated  by — 

Full  owners 

Part  owners 

Full  owners 

Part  owners 

Total 

distri- 

Full 

Part 

Aver- 

Aver- 

Aver- 

Aver- 

bution 

owners 

owners 

Total 

age  per 
farm 

Total 

age  per 
farm 

Total 

ago  per 
farm 

age  per 
acre 

Total 

age  per 
farm 

age  per 
acre 

1, 277, 508 

100.0 

909, 239 

368, 269 

149,110,659 

164.0 

117,086,689 

317.9 

17, 625,  598,  000 

19,385 

118.20 

9, 086,  969,  000 

24, 675 

77.61 

182, 164 

14.3 

133, 749 

48,415 

27,  604,  534 

206.4 

23,  220,  259 

479.6 

3,551,670,000 

26,  555 

128.66 

1,922,059,000 

39,700 

82.78 

259,  589 

20.3 

1*1,  M0 

74,  743 

33, 325,  956 

180.3 

26,  796, 635 

358.5 

4,  304,  631, 000 

23,288 

129. 17 

2,223,112,000 

29,  743 

82.96 

250, 702 

19.6 

175,951 

74, 751 

29,630,110 

168.4 

24,569,480 

328.7 

3,531,251,000 

20, 070 

119. 18 

1,913,520,000 

25,  599 

77.88 

190, 163 

14.9 

132,515 

57,648 

21, 333, 420 

161.0 

16,717,370 

290.0 

2, 470,  605, 000 

18,644 

115.  81 

1, 267, 081, 000 

21,  980 

75.79 

135,  309 

10.6 

96, 467 

38,842 

12,  583,  991 

130.4 

10,  483,  482 

269.9 

1, 453,  287,  000 

15, 065 

115.49 

742,  366, 000 

19,112 

70.81 

100, 448 

7.9 

73, 120 

27,  328 

10, 435,  868 

142.7 

5,  383,  588 

197.0 

1, 036,  528,  000 

14,176 

99.32 

433,  365, 000 

15,  858 

80.50 

60,  539 

4.7 

43, 134 

17,405 

6, 129,  506 

142.1 

4,  274, 426 

245.6 

571,183,000 

13,  242 

93. 19 

255, 366, 000 

14,  672 

59.74 

39,319 

3.1 

28, 475 

10,844 

3, 146, 887 

110.5 

2,  658,  942 

245.2 

330,011,000 

11,589 

104.  87 

152, 724, 000 

14,084 

57.44 

59, 275 

4.6 

40,  982 

18, 293 

4, 920, 381 

120.1 

2, 982,  507 

163.0 

376, 432,  000 

9,185 

76.50 

177,376,000 

9,696 

59.47 

34,  662 

100.0 

27,242 

7,420 

3,  226, 606 

118.4 

1,201.394 

161.9 

443,370,000 

16,  275 

137.41 

155,129,000 

20, 907 

129. 12 

4,523 

13.0 

3,414 

1,109 

403,  565 

118.2 

167, 052 

150.6 

74, 040, 000 

21,087 

183,46 

28,  541,  000 

25,  736 

170.  85 

6,661 

19.2 

5,245 

1,416 

634,  541 

121.0 

229,  535 

162.1 

95,  583, 000 

IS.  224 

150.  63 

37, 375,  000 

26, 395 

162.83 

6,111 

17.6 

4,810 

1,301 

581, 350 

120.9 

209,  521 

161.0 

82, 464,  000 

17,  144 

141.85 

28, 278, 000 

21,736 

134.  90 

4,478 

12.9 

3,549 

929 

366,  609 

103.3 

160, 325 

172.6 

62, 473,  000 

17,  603 

170.41 

16,  517,  000 

17, 779 

103. 02 

4,240 

12.2 

3,300 

940 

404,  634 

122.6 

155,  626 

165.6 

45,117,000 

13,  672 

111.  50 

16,052,000 

17, 077 

103. 14 

3,294 

9.5 

2,618 

676 

335,  349 

128.1 

110,414 

163.3 

36,  583, 000 

13,  974 

109.  09 

11,851,000 

17,  531 

107. 33 

1,796 

5.2 

1,490 

306 

161,  200 

108.2 

42,  097 

137.6 

16,233,000 

10,  895 

100.  70 

4,613,000 

15, 075 

109.  58 

1,588 

4.6 

1,295 

293 

149,  012 

115.1 

50,  868 

173.6 

14,  786,  000 

11,418 

99.23 

4,  382,  000 

14, 956 

86.14 

1,971 

5.7 

1,521 

450 

1C0,  340 

125.1 

75, 956 

168.8 

16,091,000 

10,  579 

84.54 

7,  520, 000 

16,711 

99.00 

88, 930 

100.0 

70,341 

18,  589 

7,  S52,  091 

104.5 

2,  552.  718 

137.3 

1,166,025,000 

16.  577 

158.60 

420, 249,  000 

22,  607 

164.63 

11,238 

12.6 

9,086 

2,152 

965,  7S4 

106.3 

361,045 

167.8 

214,234,000 

23,  578 

221.  82 

89, 973,  000 

41, 809 

249.20 

15,345 

17.3 

12,  234 

3,111 

1,340,326 

109.6 

497,010 

159.8 

229,  614, 000 

IS,  769 

171.31 

90, 229, 000 

29,003 

181.  54 

17,  878 

20.1 

14,018 

3,860 

1,462,725 

104.3 

535,  958 

138.8 

245,971,000 

17,547 

168. 16 

85,  546, 000 

22,162 

159.  61 

12,549 

14.1 

9,862 

2,687 

976,  388 

99.0 

354,  428 

131.9 

151,  526,  000 

15, 365 

155. 19 

57,  604,  000 

21, 438 

162.  53 

11,321 

12.7 

8,971 

2,350 

784,839 

87.5 

297.  265 

126.5 

134, 159, 000 

14,  955 

170.  94 

36,916,000 

15,709 

124. 19 

8,028 

9.0 

6,604 

1,424 

707, 000 

107.1 

160,  737 

112.9 

93,213,000 

14,115 

131.84 

21, 300, 000 

14, 958 

132.  51 

3,940 

4.4 

3,114 

826 

368,  609 

118.4 

85,820 

103.9 

38, 042, 000 

12.  216 

103.20 

12,  908, 000 

15,  627 

150.41 

2,963 

3.3 

2,221 

742 

257,  873 

116.1 

85,  835 

115.7 

28, 027, 000 

12,619 

108.  69 

9,  385, 000 

12,648 

109.34 

5,668 

6.4 

4,231 

1,437 

488,547 

115.5 

174,  620 

121.5 

31,239,000 

7,383 

63.94 

16,  388, 000 

11,404 

93.85 

238,  572 

100.0 

175,617 

62, 955 

18,  044, 714 

102.8 

7,  052, 448 

112.0 

3,087,145,000 

17,  579 

171.08 

1,370,335.000 

21, 767 

194.31 

31,971 

13.4 

23,883 

8,088 

2,  585, 434 

108.3 

978, 876 

121.0 

594, 493, 000 

24.  892 

229.  94 

247,413,000 

30,  590 

252. 75 

46. 926 

19.7 

34,  779 

12,147 

3,  690,  719 

106.1 

1,408,941 

116.0 

679,411,000 

19,  535 

184.  09 

307, 769, 000 

25,  337 

218.44 

45,  571 

19.1 

31,896 

13.  675 

3,  633,  921 

113.9 

1,  527,  510 

111.7 

614,878,000 

19,  278 

169.  21 

316,792,000 

23,  166 

207. 39 

38, 480 

16.1 

27, 737 

10, 743 

2, 874,  607 

103.6 

1,200,815 

111.8 

473,  582, 000 

17, 074 

164.75 

220,  672,  000 

20,541 

183.77 

28,345 

11.9 

22.123 

6,222 

1,  929,  040 

87.2 

653, 025 

105.0 

289,  277,  000 

13, 076 

149.  96 

107,  245, 000 

17,236 

164.23 

18,  632 

7.8 

14,  329 

4,303 

1,  340,  208 

93.5 

462, 116 

107.4 

199,  579, 000 

13,  92S 

148.  92 

70, 446,  000 

16,371 

152.44 

11,222 

4.7 

8,092 

3,130 

706,  887 

87.4 

321, 877 

102.8 

95,  60S,  000 

11,815 

135.  25 

42, 688, 000 

13,  638 

132.  62 

7,625 

3.2 

5,779 

1,740 

512,575 

88.7 

187,  231 

107.2 

67,  751,  000 

11,724 

132. 18 

28, 093,  000 

16,090 

150.04 

9,900 

4.1 

6,999 

2,901 

771,  323 

110.2 

312,  057 

107.6 

72,  566,  000 

10,  368 

94.08 

29, 217, 000 

10, 071 

93.63 

273,  601 

100.0 

171,282 

102,319 

35,  343, 438 

206.3 

31,928,095 

312.0 

3,  545,  296,  000 

20,  699 

100.  81 

2,  295,  835, 000 

22, 438 

71.91 

34, 403 

12.6 

22,  249 

12,154 

5,  201,  655 

233.8 

6,036,611 

496.7 

565,  543,  000 

25,419 

108.  72 

397, 004,  000 

32,664 

65.77 

57, 166 

20.9 

35,  376 

21,  790 

8,  373,  812 

236.7 

7. 643,  465 

350.8 

874,  792, 000 

24,  728 

104.  47 

571,  519, 000 

26,  228 

74.77 

59,  555 

21.8 

37,  406 

22,  149 

8,  272,  944 

221.2 

6, 162, 428 

278.2 

796,  714, 000 

21,  299 

96.30 

506, 868.  000 

22,884 

82.25 

45,188 

16.5 

27,  774 

17,414 

5,280,417 

190.1 

5, 152, 502 

295.9 

569, 364, 000 

20,500 

107.83 

362,  985, 000 

20,844 

70.45 

28,888 

10.6 

17,637 

11,  251 

3, 140,  263 

178.0 

3,  036,  011 

269.8 

299,  900, 000 

17,004 

95.50 

220,  064, 000 

19,560 

72.48 

19,  669 

7.2 

12, 466 

7,203 

2,  245, 488 

180.1 

1,424,419 

197.8 

189,  577, 000 

15,  208 

84.43 

109,  706, 000 

15,231 

77.02 

11,  737 

4.3 

7,446 

4,291 

1,164,774 

156.4 

1.196,035 

278.7 

114,733,000 

15, 409 

98.50 

62,711,000 

14,  615 

52.43 

7,645 

2.8 

6,026 

2,619 

718,  503 

143.0 

457,  798 

174.8 

64,  529, 000 

12,839 

89.81 

30,  637, 000 

11,  698 

66.92 

9,350 

3.4 

5,902 

3,448 

945,  582 

160.2 

818, 826 

237.5 

70, 144, 000 

11,885 

74.18 

34, 341, 000 

9,960 

41.94 

170, 837 

100.0 

128, 398 

42,439 

16,  526, 121 

128.7 

5,  276,  882 

124.3 

2,  072,  639, 000 

16, 142 

125.41 

880,613,000 

14,  859 

119,61 

29,  697 

17.4 

24, 158 

5,539 

4, 088, 808 

169.3 

918,  909 

165.9 

500,  203, 000 

20,  705 

122.33 

127, 375,  000 

22,  996 

13S.  62 

35,  558 

20.8 

27,640 

7,918 

3,841,468 

139.0 

1,147,030 

144.9 

597,  521,  000 

21,618 

155.  54 

136,180,000 

17,199 

118.72 

30,  566 

17.9 

22.  662 

7,904 

3, 105, 401 

137.0 

964, 910 

122.1 

322,  070, 000 

14,212 

103.  71 

121, 374, 000 

15, 356 

125. 79 

22, 438 

13.1 

16,289 

6,149 

2, 116,  354 

129.9 

713,  507 

116.0 

277,  221, 000 

17, 019 

130. 99 

88,  769, 000 

14, 436 

124.41 

17, 149 

10.0 

12,392 

4,757 

1,  229,  840 

99.2 

544,792 

114.5 

157,760,000 

12,731 

128.28 

61,272,000 

12,880 

112.47 

12,  601 

7.4 

9,090 

3,511 

743, 866 

81.8 

451,  296 

128.5 

82,  889, 000 

9,119 

111.43 

45, 319, 000 

12,908 

100.42 

9,474 

5.5 

6,884 

2,590 

624, 050 

90.7 

226,  871 

87.6 

67,  238,  000 

9,767 

107.  74 

21,  230,  000 

8.197 

93.58 

4,582 

2.7 

3,281 

1,301 

245, 298 

74.8 

110,  729 

85.1 

26,  588, 000 

8,104 

108.  39 

9,  448,  000 

7,262 

85.33 

8,772 

6.1 

6,002 

2,770 

531,036 

88.5 

198,  788 

71.8 

41,049,000 

6,839 

77.30 

19, 646,  000 

7,092 

98.83 

United  States 

Under  10  percent.— 

10  to  19  percent 

20  to  29  percent 

30  to  39  percent 

40  to  49  percent 

50  to  59  percent 

60  to  69  percent 

70  to  79  percent 

80  percent  and  over 


GEOGRAPHIC  DIVISIONS 

New  England 

Under  10  percent 

10  to  19  percent- 

20  to  29  percent 

30  to  39  percent- _ 

40  to  49  percent 

50  to  59  percent 

60  to  69  percent _ 

70  to  79  percent- _- 

80  percent  and  over 

Middle  Atlantic 

Under  10  percent 

10  to  19  percent 

20  to  29  percent _ 

30  to  39  percent- 

40  to  49  percent 

50  to  59  percent _ 

60  to  69  percent.- 

70  to  79  percent 

80  percent  and  over 

East  North  Central- 

Under  10  percent 

10  to  19  percent 

20  to  29  percent 

30  to  39  percent 

40  to  49  percent 

60  to  59  percent 

60  to  09  percent 

70  to  79  percent 

80  percent  and  over 

West  North  Central 

Under  10  percent _ 

10  to  19  percent 

20  to  29  percent 

30  to  39  percent 

40  to  49  percent- 

50  to  59  percent 

60  to  69  percent 

70  to  79  percent 

80  percent  and  over 

South  Atlantic 

Under  10  percent 

10  to  19  percent 

20  to  29  percent 

30  to  39  percent 

40  to  49  percent _ 

50  to  59  percent _- 

60  to  69  percent 

70  to  79  percent.. 

80  percent  and  over 


FARM-MORTGAGE  DEBT 


73 


Table  13. — Number,  Acreage,  and  Value  of  Mortgaged  Farms  Operated  by  Full  Owners  and  Part  Owners,  Classified  by 
Ratio  of  Debt  to  Value,  by  Geographic  Divisions:  1956 — Continued 

[Data  for  part  owners  relate  only  to  owned  portion.    See  text] 


Number  of  mortgaged  farms 
operated  by  their  owners 

Land  In  mortgaged  tarms  (acres)  oper- 
ated by- 

Value  of  land  and  buildings  (dollars)  for  mortgaged  farms 
ated  by- 

oper- 

Geographic  division  and  ratio 

Total 

Per- 
cent 
distri- 
bution 

Operated  by- 

Full  owners 

Part  owners 

Full  owners 

Part  owners 

Full 
owners 

Part 

owners 

Total 

Aver- 
age per 
farm 

Total 

Aver- 
age per 
farm 

Total 

Aver- 
age per 
farm 

Aver- 
age per 
acre 

Total 

Aver- 
age per 
farm 

Aver- 

ageper 
acre 

GEOGRAPHIC  DIVI- 
SIONS—Continued 

149,427 
20,  865 
28,  082 
29,009 
22, 862 

14,616 
11,608 
7,891 
4,874 
9,721 

152,  380 
24,916 
33,017 
27,416 
21,430 

13,  744 

13,  501 
6,547 
4,322 
7,497 

68,  513 
9,843 
14,611 
14, 258 
9,495 

7,352 
4,542 
2,990 
2,349 
3,073 

100, 576 

14.  708 
22,223 
20,338 
13,243 

9,655 
8,673 
4,942 
3,471 
3,323 

100.0 
14.0 
18.8 
19.4 
15.3 

9.8 
7.7 
5.3 
3.3 
6.5 

100.0 
16.4 
21.7 
18.0 
14.1 

9.0 
8.9 
4.3 
2.8 
4.9 

100.0 
14.4 
21.3 
20.8 
13.9 

10.7 
6.6 
4.4 
3.4 
4.5 

100.0 
14.6 
22.1 
20.2 
13.2 

9.6 
8.6 
4.9 
3.5 
3.3 

109,361 
16,346 
20,  676 
21,841 
16,623 

10, 477 
7,718 
5,619 
3,662 
6,389 

101,470 
16,791 
22,218 
17,  682 
14,  038 

8,685 
9,772 
4,507 
2,582 
5,195 

43,938 
6,170 
9.100 
8,961 
6,125 

5,195 
2,974 
1,746 
1,681 
1,986 

81,800 
11,652 
17,  578 
16,  675 
10,  518 

7,687 
7,549 
4,236 
2,948 
2,757 

40, 076 
4,519 
7.406 
7,168 
6,239 

4,138 
3,790 
2,272 
1,212 
3,332 

50, 920 
8,125 

10,  799 
9.734 
7,392 

6,059 
3,729 
2,040 
1,740 
2,302 

24, 575 
3,673 
5,  511 
5,297 
3,370 

2,157 
1,668 
1,244 
668 
1,087 

18,976 
3,056 
4,645 
3,663 
2,725 

1,968 

1,124 

706 

523 

566 

12,316,501 
1,892,301 
2, 358, 071 
2,619,389 
1,943,102 

1,  216, 185 
752,  868 
601,710 
393,  078 
539,  797 

26,  002,  361 
7,  337, 187 
6,117,256 
4,  308,  318 
3, 055,  607 

1,317,352 

1,  635,  379 
1,166,301 

397, 428 
667,  533 

20,  018,  776 

3,  704,  539 

4,  767,  568 
3,  907, 952 

2,  566, 173 

2,  047,  342 

1,615,919 

571,241 

276, 558 

561, 484 

10,280,061 
1,425,261 
2,  202,  195 
1,738,110 
2, 154, 169 

514, 496 
1,  059,  791 
764,  728 
196,  562 
224,  739 

112.6 
115.8 
114.0 
119.9 
116.9 

116.1 
97.6 
107.1 
107.3 
84.5 

256.3 
437.0 
275.  3 
243.7 
217.7 

151.7 
167.4 
258.8 
153.9 
128.5 

455.6 

600.4 
523.9 
436.1 
419.0 

394.1 
543.3 
327.2 
164.5 
282.7 

126.0 
122.3 
125.3 
104.2 
204.8 

66.9 
140.4 
180.5 
66.7 
81.  5 

4,457,449 
586, 879 
927,  249 
808, 868 
680,617 

445, 185 
402,  349 
255,  695 
88,011 
262,  696 

17, 373, 356 
3, 971, 873 

4,  679, 935 
3,168,112 
1, 987, 130 

1,  202,  793 
843,711 
385, 043 
815,496 
319,  257 

37,  797,  922 
7,176,278 
8, 369,  546 
9,225,171 

5,  244,  504 

3,  476, 869 

1, 267, 022 

1,520,468 

788,  610 

729, 454 

9,446,475 
3, 022,  736 
1, 893, 924 
1,  967,  002 
1, 223, 536 

671,916 
261,  524 
240,  520 
74,  364 
90, 963 

111.2 

129.9 
125.2 
112.8 
109.1 

107.6 
106.2 
112.5 
72.6 
78.8 

341.2 

488.8 
433.4 
325.5 
268.8 

237.8 
226.3 
188.7 
468.7 
138.7 

1,538.1 
1,953.8 
1,518.7 
1,741.6 
1,  556.  2 

1,611.9 

808.0 

1,222.2 

1,180.6 

671.1 

497.8 
989.1 
407.7 
537.0 
449.0 

341.4 
232.7 
340.7 
142.2 
160.7 

1,124,523,000 
200,  828, 000 
229,  534, 000 
244,061,000 
179,  856, 000 

105, 149, 000 
00,  628, 000 
44,  327,  000 
24,  634, 000 
35,  506,  000 

2,  031,  676,  000 
565, 050, 000 
521,  653,  000 
362, 178,  000 
256,  550, 000 

123, 069, 000 

02.  2S0.  000 
46,251,000 
29,811,000 
34,  S2S,  000 

1,357,442,000 
241,  653,  000 
366,519,000 
284,611,000 
165, 669, 000 

125,497,000 
70,  0S7,  000 
40,  060,  000 
30,174,000 
33, 172,  000 

2,  797,  582,  000 
595,  626,  000 
710,  004,  000 
578, 304,  000 
334, 364,  000 

173,359,000 
211,686,000 
108,691,000 
43,711,000 
41,837,000 

10, 284 
12, 286 
11,101 
11,174 
10, 820 

10, 036 
7,855 
7,889 
0,727 
5,657 

20.  022 

33,  (152 
23,  179 
20,  183 
18, 275 

14, 170 
9,444 
10, 262 
11,546 
6,704 

30,  894 

39.  166 

40,  277 
31,761 
27,  048 

24,157 
23,  567 
22,  944 
17,950 
16,  703 

34, 284 
51,118 
40.  392 

34,  681 

31,  790 

22,  552 
28.042 
25,  659 
14, 827 
15, 175 

91.30 

106.13 
97.34 
93.17 
92.66 

86.46 
80.53 
73,67 
62.67 
65.78 

78.13 
77.01 
85.28 
84.06 
83.96 

93.42 

56.43 
39.66 
75.01 
52.17 

67.81 
65.23 
76.88 
72.83 
64.56 

61.30 
43.37 
70.13 
109.11 
59.08 

272. 14 
417.91 
322.  41 
332.  71 
155. 22 

336.  95 
199.  74 
142.  13 
222.  38 
186. 16 

433, 683,  000 
66,601,000 
84,  932,  000 
88, 409,  000 
70,  264, 000 

42,  097, 000 
35,  935, 000 
17,958,000 
8,  745, 000 
18,842,000 

1,  363,  850, 000 
330,  709, 000 
340,  043,  000 
276,915,000 
165,240,000 

98,  432,  000 
02,  528,  000 
30, 862,  000 
29,  222,  000 
19, 899, 000 

1,224,848,000 
267, 867,  000 
299, 956,  000 
280,  578,  000 
159,  547, 000 

87,  844,  000 
45,  645, 000 
44,  503, 000 
18,474,000 
20, 432, 000 

1, 202, 429.  000 
366,  676, 000 
355,109,000 
208,  760. 000 
125,  483, 000 

72, 444,  000 
30, 635, 000 
17, 893,  000 
14, 338,  000 
11,091,000 

10, 822 
14,716 
11,468 
12,  334 
11,262 

10, 173 
9,482 
7,904 
7,215 
5,656 

26,  588 
40,  703 
31,488 
28,  448 
22,354 

19, 457 
16,  768 
15,128 
16,  794 
8,644 

49,  841 
72,  929 
54,  429 
52,  969 
47,  343 

40,  725 
29, 110 

35,  774 

27,  656 

18,  797 

63,  366 

119,  osti 

76, 450 
56,  992 
46,049 

36,811 
27,  255 
25.  344 
27,415 

19,  595 

97.29 

113.31 

91.60 

109.  30 

103.24 

94.56 

89.31 

70.23 

99.30 

71.75 

77.93 

83.26 

72.65 

87.46 

83.11 

81.84 

74.11 

80.15 

35.83 

62.33 

32.41 

37.33 

35.84 

30.41 

30.42 

25.27 

36.03 

29.27 

23.43 

28.01 

127.  29 

121.31 

187.  50 

106. 13 

102.  50 

107.  82 

117.14 

74.39 

192.  81 

121.  94 

74 


FARM-MORTGAGE  DEBT 


Table  14.— Farms  Operated  by  Full  Owners  and  by  Part  Owners,  by  Age  of  Operator,  With  Proportion  Mortgaged,  by 

Geographic  Divisions:  1956,  1940,  and  1930 

[Data  for  part  owners  relate  only  to  owned  portion  of  farm.    See  text] 


Total  farms  operated  by  full  owners  and 
part  owners 

Farms  operated  by  full  owners 

Farms 

operated  by  part  owners 

Geographic  division  and  age 
of  operator 

Number 

Percent 
mortgaged 

Number 

Percent  mortgaged 

Number 

Percent 
mortgaged 

1956 

1940 

1956 

1940 

1956 

1940 

1930 

1956 

1940 

1930 

1956 

1940 

1956 

1940 

3,  612,  888 
330,  397 
773,644 
923, 108 
842,015 
691, 2S7 
52, 437 

3, 699,  in 
380,  324 
668, 120 
950,  866 
859,  733 
693,  066 
147,  068 

35.4 
57.2 
48.8 
37.8 
27.6 
16.3 
34.1 

43.7 
48.6 
61.0 
48.9 
42.3 
29.9 
39.3 

2,  744,  708 
221, 131 
523, 422 
674, 104 
672,  646 
612,  715 
40,690 

3, 094, 138 
307,  578 
526, 140 
759,  354 
728,164 
636,  539 
126, 363 

2,911,644 
28S,  159 
576, 845 
747,  751 
678,  233 
517, 134 
103,  522 

33.1 

56.8 
48.4 
36.3 
26.4 
15.6 
31.2 

41.4 
47.3 
49.2 
46.8 
40.3 
28.5 
36.7 

42.3 
53.0 
53.8 
46.3 
37.3 
25.5 
39.6 

868, 180 
109,  266 
250,  222 
249,004 
169, 369 
78,  572 
11,  747 

615,099 
72, 746 
141, 980 
191,  512 
131,  569 
66,  627 
20,705 

42.4 

58.1 
49.6 
41.7 
32.3 
21.7 
44.2 

Age  not  reported -- 

52.9 

GEOGRAPHIC  DIVISIONS 

78,  756 
7,268 
16, 759 

18,  746 
17, 956 
17, 197 

830 

237,  923 
26,  505 
49, 821 
59, 366 
52, 667 
46,587 
2,977 

645,  030 
56, 053 
138,  770 
162, 968 
152.  741 
124,  667 
9,831 

658, 059 
66,  694 
143, 974 
173, 795 
160, 158 
114, 956 
8,482 

613,  238 
58, 813 
130,  694 
155, 090 
140,  784 
117, 267 
10,  590 

538, 270 
51, 952 
115,042 
132,  277 
115, 424 
115, 103 
S.412 

474,  734 
37,  367 
95,  394 
126, 035 
116, 198 
94,  393 
5,347 

151,110 

16,  375 
36,296 
39, 940 
33, 035 
23,183 
2,281 

215,  769 

19,  370 
46,  894 
54,891 
53, 052 
37,  874 

3,687 

123,  620 
10, 102 
19,  842 
30,388 
29,  528 

27,  832 
5,828 

293,  639 
24, 152 
49,  365 
76,  452 
71,  745 
59, 965 
11,960 

719,  905 
61,057 
123,  354 
189,  041 
175, 283 

142,  666 

28,  504 

623,  512 
55,  351 
112,005 
167, 495 
151,119 
115.674 
21,868 

683,  661 
67,  863 
107, 211 

143,  374 
129, 876 
109, 436 

25, 901 

509, 420 
65, 896 
97, 863 
123,  606 
109, 163 
93,  513 
18,  379 

462,  216 
52,  207 
86,  309 
114,  617 
101, 302 
79,629 
18, 152 

173,  772 
24, 420 
34,  530 
46, 814 
37,  354 
23,800 
6,854 

220,  532 
19, 276 
37,641 
59, 079 
64,363 
40,  551 
9,622 

44.0 

72.5 
59.8 
48.3 
35.1 
21.2 
44.2 

37.4 

62.5 
53.9 
39.2 
25.5 
16.0 
45.7 

37.0 
65.8 
54.1 
38.7 
26.1 
16.0 
36.9 

41.6 
65.5 
55.4 
43.2 
33.1 
21.6 
44.1 

27.9 
42.7 
38.5 
30.6 
22.8 
11.2 
25.3 

27.8 
44.4 
37.8 
30.0 
21.6 
14.0 
25.8 

32.1 
53.3 
44.6 
34.  S 
25.9 
15.1 
32.0 

45.3 
64.0 
57.4 
48.3 
34.9 
23.8 
3S.5 

46. 6 

75.3 
60.6 
50.3 
39.5 
20.1 
36.9 

47.5 

59.2 
59.1 
55.5 
45.2 
30.2 
38.0 

42.7 
54.7 
54.1 
49.0 
39.3 
25.6 
38.5 

49.0 

69.8 
59.4 
54.7 
46.2 
32.1 
43.1 

57.7 
64.0 
65.9 
62.4 
56.1 
42.3 
52.5 

30.4 
34.1 
35.1 
34.1 
29.2 
20.6 
28.4 

34.  2 
38.6 
39.0 
37.8 
32.8 
23.3 
33.6 

38.2 
41.9 
44.0 
42.0 
36.9 
26.  3 
35.8 

47.5 
43.7 
51.2 
52.7 
48.5 
34.7 
43.9 

51.4 
60.8 
60.9 
56.5 
48.3 
36.1 
44.8 

64,  889 
5,467 

13,  319 
15, 279 

14,  990 
15,120 

714 

195,  711 
20,137 
39,  443 
48,297 
43,  745 
41,  766 
2,323 

492,  161 
36,  699 
94,849 
120, 496 
122,  254 
110,462 
7,401 

436,  701 
28,475 
78, 984 

100,  345 
118,718 

98,  482 
5,697 

497,  734 
43,  487 
97,205 
122, 472 
119,005 
106,  598 
8,967 

428, 840 

35,  237 
SI,  198 

101,  561 
95,  718 

105,  205 
6,921 

346,  652 
24,105 
59, 477 

88,  869 

89,  347 
83,111 

3,  743 

101, 177 

9,087 
22,540 
25,  783 
23.645 
17. 827 

1,695 

178, 843 
14,837 

36.  407 
45, 002 
45,  224 
34,  144 

3,229 

116,459 
9,426 
18,  390 
28,394 
27, 855 
26, 819 
5,575 

269, 199 
21,  806 
44,210 
68, 947 
66,129 
57, 119 
10,988 

605, 092 
49,686 
97,  877 
151,  703 
149,  542 
131,  765 
24,  519 

447,  208 
37,363 
70,  794 
109,  883 
112, 104 
100,  130 
16, 934 

519, 108 
59, 096 
92,498 
124,819 
116, 498 
102, 883 
23,  314 

447,  286 
55,  958 
82,  682 

106,  308 
97,  750 
88,224 
16,364 

361.296 
40,092 
63, 982 
87,  345 
83,019 
72, 009 
14,849 

128.268 
18,286 
24,649 
32,386 
27,  658 
20,018 
5,271 

190,  222 
15, 865 
31.05S 
49,  569 
47, 609 
37,  572 
8,549 

107,  300 
8,962 
19,  753 
26,295 
25,582 
21,  561 
5,147 

276, 193 
24, 243 
56,215 
71,735 
64,582 
49, 462 
11,956 

570. 680 
44,708 
110, 145 
146, 157 
140,  674 
109,  261 
19,  715 

457,  770 
39, 116 
87, 677 
118,  661 
114.096 
84,  761 
13,459 

467. 100 
50,704 
92,  760 
121, 470 
105, 311 
81,  574 
15, 275 

397,  594 
50,119 
80, 010 

101,  452 
86,  766 
68, 177 
11, 070 

325,  989 
39,491 
66, 066 
83,376 
73,502 
52,  975 
10,  579 

130, 287 
17,  173 
29,  621 
32, 392 
26. 112 
17,  765 
7,224 

176,  751 
13,  643 
34,  592 
46,  213 
41,  608 
31,  598 
9,097 

42.0 

72.3 
68.3 
46.7 
33.8 
20.1 
41.2 

35.9 
69.9 
54.2 
38.  2 
24.5 
16.1 
44.3 

35.7 
67.9 
55.7 
38.9 
25.5 
15.5 
36.6 

39.2 
68.9 
56.1 
42.6 
32.3 
21.4 
45.4 

26.8 
41.3 
36.9 
28.8 
21.8 
10.5 
23.1 

25.6 
44.0 
36.7 
27.4 
20.1 
13.5 
20.5 

29.1 
52.3 
43.6 
32.9 
23.7 
13.9 
24.8 

43.4 
64.1 
67.7 
47.4 
33.3 
22.5 
37.3 

45.6 
77.2 
60.9 
49.8 
39.7 
19.3 
32.4 

48.8 
68.7 
68.8 
54.9 
44.7 
29.8 
37.2 

41.9 
54.1 
53.5 
48.3 
38.8 
23.2 
37.2 

47.6 
59.7 
59.3 
53.9 
45.0 
31.0 
40.7 

53.8 
63.8 
64.1 
69.1 
52.5 
39.6 
47.3 

29.9 

34.0 
34.7 
33.6 
28.7 
20.1 
27.5 

33.7 
38.4 
38.6 
37.2 
32.3 
22.9 
32.9 

35.5 
40.0 
41.1 
39.3 
34.8 
25.0 
32.9 

42.7 
38.9 
40.7 
48.1 
44.5 
31.7 
38.9 

49.7 
59.7 
59.7 
54.9 
46.9 
35.1 
42.6 

45.3 
65.0 
63.4 
51.5 
37.4 
23.8 
38.3 

42.0 
62.3 
58.2 
45.8 
32.5 
21.0 
38.7 

46.6 
66.6 
62.6 
51.3 
39.4 
26.4 
42.8 

52.6 
66.6 
65.5 
66.7 
47.5 
34.2 
49.2 

28.9 
34.0 
35.6 
32.0 
26.2 
17.3 
25.8 

33.2 
40.5 
40.8 
36.5 
29.6 
19.5 
30.4 

41.8 
60.6 
50.4 
44.8 
37.5 
25.8 
40.8 

47.7 
50.0 
55.4 
62.3 
4-4.3 
33.2 
44.7 

63.1 
67.4 
65.3 
57.1 
47.2 
36.4 
49.4 

13, 867 
1,801 
3,440 
3,467 
2,966 
2,077 
116 

42.212 
6,368 
10, 378 
11,069 
8,922 
4,821 
654 

152,  869 
19,354 
43,  921 
42, 472 
30, 487 
14,205 
2,430 

221,358 
2S.219 
64,990 
67,450 
41,440 
16, 474 
2,785 

115, 504 
15,  326 
33,489 
32,  618 
21,  779 
10, 669 
1,623 

109, 430 
13,  715 
33,844 
30, 716 
19,  706 
9,958 
1,491 

126, 032 
13, 262 
35, 817 
37, 166 
26,  851 
11,282 
1,604 

49, 933 
6,688 
13,  756 
14, 157 
9,390 
5,356 
586 

36,  925 
4,533 

10,487 
9,889 
7,828 
3,730 
458 

7,061 
676 
1,452 
1,994 
1,673 
1,013 
253 

24,440 
2,346 
5,155 
7,505 
5,  616 
2,846 
972 

114,  813 
11,371 
25,  477 
37, 338 
25,  741 
10,901 
3, 985 

176,  304 
17,988 
41,211 
57, 612 
39,015 
15,544 
4,934 

64,  653 
8,767 
14,  713 
18,  555 
13, 378 
6,553 
2,587 

61,134 
9,938 
15, 181 
17,298 
11,413 
5,289 
2,015 

90,  920 
12, 115 
22,  327 
27,  272 
18,283 
7,620 
3,303 

45,504 
6,134 
9,881 

14, 428 
9,696 
3,782 
1,683 

30,  310 
3,411 
6,583 
9,510 
0,754 
2,979 
1,073 

53.6 

72.8 
65.9 
55.4 
41.4 
29.8 
62.9 

44.0 

70.6 
52.9 
43.8 
30.2 
15.1 
50.9 

41.2 
61.8 
50.6 
38.3 
28.7 
20.1 
38.0 

46.2 

62.6 
54.6 
44.1 
35.3 
22.8 
41.6 

36.7 

46.7 
42.9 
37.4 
28.4 
18.1 
37.2 

38.3 

45.6 
40.3 
38.6 
28.7 
19.4 
50.4 

40.4 
55.1 
46.3 
39.4 
33.0 
24.0 
48.9 

49.2 
64.0 
56.8 
49.9 
39.0 
28.1 
41.8 

51.4 

69.3 
59.6 
53.0 
38.5 
27.4 
68.8 

58.0 

63.6 

Age  not  reported 

53.1 
51.8 

59.5 

54.6 

45.7 

35.9 

58.1 

60.3 

35  to  44  years -  

59.7 
68.1 

53.3 

44.4 

55.2 

67.0 

66.4 

68.9 

68.6 

66.5 

69.2 

66.2 

35.1 

34.9 

37.5 

37.7 

32.9 

27.4 

35.2 

99.4 

Under  35  years 

39.7 
41.4 

41.3 

37.8 

29.7 

Age  not  reported 

39.3 
48.6 

48.3 

52.2 

50.5 

46.7 

39.0 

47.1 

60.1 

57.8 

62.3 

62.8 

58.6 

60.0 

68.5 

81.8 

65.9 

66.6 

64.5 

58.2 

47.8 

69.0 

FARM-MORTGAGE  DEBT 


75 


Table  15. 


-Number,  Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  Mortgaged  Farms  Operated  by  Full  Owners, 
by  Age  of  Operator,  by  Geographic  Divisions:  1956 


Geographic  division  and  age 
of  operator 


United  States 

Under  35  years 

35  to  44  years 

45  to  54  years 

55  to  64  years 

65  years  and  over.. 
Age  not  reported.. 


GEOGRAPHIC  DIVISIONS 


New  England 

Under  35  years 

35  to  44  years 

45  to  54  yeais 

55  to  64  years 

65  years  and  over- 
Age  not  reported.. 


Middle  Atlantic 

Under  35  years 

35  to  44  years 

45  to  54  years 

55  to  64  years 

65  years  and  over . 
Age  not  reported. 


East  North  Central 

Under  35  years 

35  to  44  years 

45  to  54  years 

55  to  64  years 

65  years  and  over. . 
Age  not  reported. . 


West  North  Central.... 

Under  35  years 

35  to  44  years 

45  to  54  years 

55  to  64  years 

65  years  and  over  - 
Age  not  reported.. 


South  Atlantic 

Under  35  years 

35  to  44  years 

45  to  54  years. 

55  to  64  years 

65  years  and  over. 
Age  not  reported.. 

East  South  Central 

Under  35  years 

35  to  44  years 

45  to  54  years 

55  to  64  years 

65  years  and  ovcr. 
Age  not  reported.  . 

West  South  Central 

Under  35  years 

35  to  44  years 

45  to  54  years 

55  to  64  years 

65  years  and  over. . 
Age  not  reported. . 

Mountain 

Under  35  years 

35  to  44  years 

45  to  54  years 

55  to  64  years 

65  years  and  over.. 
Age  not  reported.. 

Pacific 

Under  35  years 

35  to  44  years 

45  to  54  years 

55  to  64  years 

S5  years  and  over.. 
Age  not  reported.. 


Number    of 

mortgaged 

farms 


909, 239 
125.  578 
253. 138 
244, 704 
177,520 
95,584 
12,715 


7,  135 
6,  065 
3, 033 


IS.  42s 
10,  721 
6,718 
1,028 

175,617 
24,911 
.'.2,  S5S 
46,888 
31,  120 
17,134 
2,706 


171,  282 

19,612 
44.330 
45,253 
38, 399 
21.102 
2,586 

128,  398 
17,957 
35,  890 
35,  322 
25,  957 
11.192 
2,074 

109,351 
16,817 
29,809 
27,841 
19.  224 
14,241 
1,419 

101,  470 
12,599 
25, 933 
29,224 
21.217 
11,569 


43,938 
6,206 
13,  001 
12,220 
7,867 
4,011 
633 

81,600 

11,453 
22,173 
22, 393 
17,  950 
6,584 
1,047 


27.8 
26.9 
19.5 
10.  5 


100.0 

14.5 
28.5 


1.1 

100.0 
17.2 
30.4 
26.2 
15.2 
9.6 
1.6 

100.0 
14.2 
30.1 
26.7 


1.5 

100.0 
11.5 

25.9 
26.4 
22.4 
12.3 
1.5 

100.0 
14.0 
28.0 


1.6 

100.0 
15.4 
27.3 
25.5 
17.6 
13.0 
1.8 

100.0 
12.4 
25.6 

28.8 


1.4 

100.0 
14.0 
27.2 
27.4 
22.0 
8.1 
1.3 


Land  in  mortgaged  farms 


149.110,659 
15, 359,  200 
38, 232, 918 
40, 230, 001 
34, 467. 463 
16, 232, 800 
4,  588,  277 


885,  568 
651,  310 
342. 882 
79,919 

7,352,091 
1,191,191 
2,163,054 
1,982,888 
1,171,856 
665, 906 
177, 196 

18,  044.  714 
2, 193,  265 

4,  677, 977 
4, 979, 296 
3, 727,  590 
1,964,423 

502,163 

35, 343, 438 
3.  438, 485 
9,  743. 291 
9,527,194 
7, 829, 290 
3, 900,  243 
904, 935 

16,  526, 121 

1,427,060 
4,161.839 
4, 752,  527 
4. 288, 465 
1,330,986 
565, 244 

12,  316,  501 
1, 608. 667 
2,926,145 
3, 073.  572 
2, 636. 089 
1,831,815 
340,  213 

26,  002,  361 
2,191,917 
5,641,155 
6,072,377 
8,143.082 
3,121,573 
832, 257 

20,018,776 
1.776,533 
5, 894, 433 

5,  329, 379 
3, 994, 043 
2,146,584 

877, 804 

10,280.051 
1,095,041 
2, 195, 138 
3,  627, 200 
2, 125, 738 
928, 388 
308,646 


100.0 
13.6 
25.7 
27.4 
20.2 
10.6 
2.5 

100.0 
16.2 
29.4 
27.0 
15.9 
9.1 
2.4 

100.0 
12.2 
25.9 


27.6 
27.0 
22.2 
11.0 


25  2 
28.  S 
25.9 


23.8 
25  0 
20.6 
14.9 


21.7 
23.4 
31.3 
12.0 


29.4 
26.6 
20.0 
10.7 
4.4 

100.0 
10.7 
21.4 
35.3 
20.7 
9.0 
3.0 


Aver- 
age per 

farm 
(acres) 


164.0 
122.3 
151.0 
164.4 
194.2 
169.8 
315(1  'J 


118.4 
110.5 
106.  9 
124.1 
128.6 
113.1 
271.8 

104.5 
98.7 
101.2 
107.6 
109.3 
99.1 
172.4 


106.2 
119.8 
114.7 
185.6 

206.3 
175.  3 
219.8 
210.5 
203.9 
184.8 
349.9 

128.7 
79.5 
115.9 
134.5 
165.  2 
118.9 
272.5 


110.4 
131.9 
128.6 
239.8 

256.3 
174.0 
217.5 
207.8 


455.6 
2si;.  3 
453.4 
436.1 
507.7 
535.2 
1,386.7 

126.0 

95.6 
99.0 
162.0 
118.4 
141.0 


Value  of  land  and  buildings  for  mort- 
gaged farms 


17,  625,  598. 000 
1,922.693.000 
4,  604,  745, 000 
4,  958, 927, 000 
3, 729,  879, 000 
1, 710,  583,  000 
698,  771, 000 


443,  370,  000 
65.697,000 
116.402,000 
124, 532. 000 
79. 364,  000 
44,411,000 
12, 964,  000 

1. 166, 025, 000 
152,308,000 
350, 331, 000 
314,928,000 
204.  590, 000 
118,435,000 
25, 433,  000 

3,  087, 145,  000 
380, 408. 000 
849, 469, 000 
853,  297. 000 
630, 420, 000 
272,  808, 000 
100,  743, 000 

3,  545.  298,  000 
320.  542. 000 
929,711,000 

1, 038.  547, 000 
812.097,000 
360, 468, 000 
83,931,000 

2, 072,  539.  000 
194,  297. 000 
529, 472, 000 
528.  240,  000 
441.901,000 
251,429,000 
127,  200, 000 

1, 124,  523, 000 
160,268,000 
286, 059, 000 
301,148,000 
206. 368. 000 
130. 907, 000 
39, 773, 000 

2, 031,  676,  000 
180,  226. 000 
472.479,000 
568,107,000 
510,796,000 
201,919,000 
98, 149, 000 

1, 357,  442, 000 
163,681,000 
356. 957, 000 
360,621,000 
257, 428. 000 
118,113,000 
100,642.000 

2,797,682,000 
305, 266. 000 
713,865,000 
869,507,000 
586.915,000 
212,093,000 
109,936,000 


Per- 
cent 
dis- 
tribu- 
tion 


100.0 
10.9 
26.1 
28.1 
21.2 
9.7 
4.0 


100.0 
14.8 
26.3 


2.9 

100.0 
13.1 
30.0 
27.0 
17.6 
10.2 
2.2 


27.5 
27.6 
2(1.4 


26.2 
29  3 
22.9 
10.2 


6.1 

100.0 
14.3 
25.4 
26.8 
18.4 
11.6 
3.5 


23.  3 
28.0 

25.  1 


26.3 
26.6 
19.0 
8.7 
7.4 

100.0 
10  9 
25.5 
31.1 
21.0 
7.6 
3.9 


Averago  value 
(dollars) 


19.385 
15.311 
18, 191 
20,  26.5 
21,011 
17,896 
54, 950 


16,275 
16,615 
14.998 
17,454 
15,069 
14,643 
44,095 

16,  577 
12,620 

16,  388 
17,090 
19.083 
17,630 
24,740 

17,  579 
15,271 
16,071 
18.199 
20, 25S 
15,922 
37,229 

20,  699 
16,344 
20,  973 
22.950 
21. 149 
17,082 
32, 456 

16. 142 

10,820 
14,750 
14,955 
17,024 
22. 465 
61,331 

10,  284 
9,530 
9,596 

10,817 

10, 735 
9,192 

28  029 

20, 022 
14,305 
18,219 
19,  440 
24. 075 
17,453 
105,  764 

30,  894 
26, 375 
27, 456 
29. 51 1 
32,  723 
29,447 
158, 992 

34. 284 
26,654 
32, 195 
38,829 
32, 697 
32,213 
105,  001 


118.20 
125.  18 
120.  44 

m.  26 

108.  21 
105.  38 
152.29 


137.  41 

150.32 
140.  26 
140.  62 
121.85 
129.52 
162.  21 

153.60 
127.  86 
161.96 
158.82 
174.59 
177.  86 
143.53 

171.08 
173.44 
181.59 
171.37 
169. 12 
138.87 
200.62 

100.  31 
93.22 
95.42 
109.01 
103.73 
92.42 
92.75 

125.  41 
136. 15 
127.22 
111.15 
103.  04 
188.90 
225.04 

91.30 
99.63 
97.76 
97.98 
81.37 
71.46 

116.  91 

78.13 
82.22 
83.76 
93.56 
62.73 
64.69 

117.  93 

67.81 
92.14 
60.66 
67.67 
64.45 
65.02 
114.65 

272. 14 

278.  77 
325.  20 
239.  72 
276.  10 
228.  45 
356.  30 


Amount  of  mortgage  debt 


4,719,920,000 
736, 652, 000 
1,441,426,000 
1,246,017,000 
811,008,000 
348,  506, 000 
136,311,000 


133,  392, 000 
27. 421, 000 
37,760,000 
35, 636. 000 
21,005,000 
8, 369, 000 
3,201,000 

341,605,000 
61,251,000 

115,344,000 
85, 004, 000 
47,869,000 
26, 050. 000 
6, 087, 000 

863,576,000 
153,282,000 
280.612,000 
224,042,000 
126, 399, 000 
53, 806, 000 
25,434,000 

971.342,000 
126, 456, 000 
311.57S,000 
260,968,000 
176,064,000 
73, 944, 000 
22, 332, 000 

608,  481,  000 
70, 107,  000 
157,677,000 
126,064,000 
91,632,000 
44. 270, 000 
18,731,000 

337, 465,  000 
66, 203, 000 
91.929,000 
84. 305.  000 
53.  823, 000 
30, 333, 000 
10,872,000 

459,  324,  000 
60, 359, 000 
127, 835, 000 
125,288.000 
96,522,000 
39, 742, 000 
9,578,000 

359, 047.  000 
64, 366, 000 

111,039,000 
86,951,000 
68,215,000 
26,156,000 
12,320,000 

745,  689, 000 
107.  207. 000 
207,652,000 
217,759,000 
139.479,000 
45,  836, 000 
27, 756, 000 


Per- 
cent 
dis- 
tribu- 
tion 


100.0 
15.6 
30.5 
26.4 
17.2 
7.4 
2.9 


100.0 
20.6 
28.3 
26.7 
15.7 
6.3 
2.4 

100.0 
17.9 
33.8 
24.9 
14.0 
7.6 
1.8 

100.0 
17.7 
32.5 
25.9 
14.6 
6.2 
2.9 

ioo.o 

13.0 
32.1 
26.9 
18.1 
7.6 
2.3 


31.0 
24.8 
18.0 


3.2 

IOO.O 
13.1 
27.8 
27.3 
21.0 


2.1 


3.4 

100.0 
14.4 
27.  S 
29.2 
18.7 
6.1 
3.7 


Average  debt 
(dollars) 


6.191 
5, 806 
5. 694 
5, 092 
4,  569 
3,646 
10,720 


4,897 
6, 935 
4,865 
4,  995 
4,147 
2.759 
10,888 

4,856 
5.075 
5,396 
4,613 
4, 465 
3.878 
5,921 

4.917 
6,153 
5.309 
4,778 
4. 062 
3,140 


6.671 
6,448 
7,029 
5,767 
4,  585 
3,501 
8,636 

3.960 
3,  904 
4, 393 
3.  569 
3,  530 
3,956 
9,031 

3,086 
3,  937 
3.0S4 
3.028 
2,800 
2,130 
7,662 

4.527 
4,791 
4,929 
4,287 
4,549 
3,435 
10. 321 

8.172 
10,372 
8,541 
7,115 
7,400 
6,521 
19,463 

9,138 
9,361 
9,365 
9,724 
7,770 
6,962 
26,  510 


31.05 
47.  96 
37.70 
30.97 
23.  53 
21.47 
29.71 


41.34 

62.74 
45.  50 
40.24 
32.  25 
24.41 
40.  05 

46.48 
61.42 
53.32 
42.  S7 
40.  85 
39.  12 
34.  35 

47.86 

09.  sy 

59.  99 
44.99 
33.91 
27.  39 
50.65 

27.48 

36.  7S 
31.98 
27.  39 
22.  19 
18.  90 
24.  08 


26.  53 
21.37 
33.  20 
33.14 

27.40 
41.15 
31.42 
27.43 
21.22 
16.56 
31.96 


20.  03 

11.85 
12.73 
11.51 

17.94 
30.  23 
18.84 
16.32 
11.58 
12.18 
14.04 

72.54 
97.90 
91  60 
60.04 
65.61 
19.  37 


value 
(per- 
cent) 


38.3 
31.3 
2.5. 1 
21.7 
20.4 
19.6 


40.2 
32.9 
27.11 
2.1  4 
22.0 
23.9 

28.0 
40.3 
33.0 


39.5 
33.5 
25.1 


30.1 
30.0 
23.9 


30.0 
41.3 
32.1 
28.0 
26.1 
23.2 
27.3 


27.1 
22.1 
18.9 
19.7 


26.6 
39.3 
31.1 
24.1 
22.6 
22.1 
12.9 

26.7 

35.1 
29.1 
25.0 


76 


FARM-MORTGAGE  DEBT 


Table  16. — Number,  Acreage,  Value,  and  Amount  of  Mortgage  Debt  for  Mortgaged  Farms  Operated  by  Part  Owners, 

by  Age  of  Operator,  by  Geographic  Divisions:  1956 


Number    of 

mortgaged 

farms 

Land  in  mortgaged  farms 

Value  of  land  and  buildings  for  mort- 
gaged farms 

Amount  of  mortgage  debt 

Geographic  division  and  age 
of  operator 

Total 

Per- 
cent 
dis- 
tribu- 
tion 

Total 

Aver- 
age per 
farm 
(acres) 

Total 

Average  value 
(dollars) 

Total  (dol- 
lars) 

Per- 
cent 
dis- 
tribu- 
tion 

Average  debt 
(dollars) 

Ratio 

Acres 

Per- 
cent 
dis- 
tribu- 
tion 

Dollars 

Per- 
cent 
dis- 
tribu- 
tion 

Per 

farm 

Per 

acre 

Per 

farm 

Per 
acre 

to 

value 
(per- 
cent) 

368, 269 
63, 453 
124.144 
103,785 
54,  657 
17,043 
5,187 

100.0 
17.2 
33.7 
28.2 
14.8 
4.6 
1.4 

117,086,689 
13, 478, 678 
32, 489, 465 
36, 102.  246 
22.  070, 914 
9, 535,  062 
3,410,324 

100.0 
11.5 
27.7 
30.8 
18.8 
S.l 
2.9 

317.9 
212.4 
261.7 
347.9 
403.8 
559.5 
657.5 

9,  088,  969,  000 
1,154.515,000 
2,  743, 616, 000 
2. 830,  727,  000 
1,  524, 483.  000 
550, 159,  000 
283, 469, 000 

100.0 
12.7 
30.2 
31.1 
16.8 
6.1 
3.1 

24, 675 
IS,  195 
22, 100 
27, 275 
27, 892 
32,  2S1 
54,650 

77.61 

85.65 
84.45 
78.41 
69.07 
57.70 
83.12 

2,311,978,000 
417,555,000 
782, 862. 000 
643, 303,  000 
326, 992  000 
89,  329,  000 
51,937.000 

100.0 
18.1 
33.9 
27.8 
14.1 
3.9 
2.2 

6,278 
6,581 
6,305 
6,198 
5,983 
5,241 
10,  013 

19.75 
30.98 
24.10 
17.82 
14.82 
9.37 
15.23 

GEOGRAPHIC  DIVISIONS 

7,420 
1,312 
2,266 
1,922 
1,229 
618 
73 

18,589 
4,498 
5,486 
4,854 
2,690 
728 
333 

62,  955 
11,961 
22,  221 
16,258 
8,740 
2,851 
924 

102,319 
17, 549 
35,487 
29,745 
14. 625 
3,755 
1,168 

42, 439 
7,158 
14,358 
12,209 
6,182 
1,928 
604 

40,  076 
6,250 
13,  636 
11,849 
5,660 
1,930 
751 

50, 920 
7,304 
16.  626 
11,  641 
8, 858 
2,707 
784 

24,  575 
4,279 
7,819 
7,068 

1,505 
245 

18, 976 
3,142 
6,245 
5,  239 
3,014 
1,021 
315 

100.0 
17.7 
30.5 
25.9 
16.6 
S.3 
1.0 

100.0 
24.2 
29.5 
26.1 
14.5 
3.9 
1.8 

100.0 
19.0 
35.3 
25.8 
13.9 
4.5 
1.5 

100.0 
17.2 
34.7 
29.1 
14.3 
3.7 
1.1 

100.0 
16.9 
33.8 
28.8 
14.6 
4.5 
1.4 

100.0 
15.6 
34.0 
29.6 
14.1 
4.8 
1.9 

100.0 
14.3 

32.7 
28.8 
17.4 
5.3 
1.5 

100.0 
17.4 
31.8 
28.8 
14.9 
6.1 
1.0 

100.0 
16.6 
32.9 
27.6 
15.9 
5.4 
1.7 

1,201,394 
202,  239 
345,  203 
327,  235 
207, 370 
106,377 
12, 970 

2,552,718 
523, 435 
718, 248 
705,  534 
439, 277 
109,399 
50, 825 

7, 052,  443 
1,202,369 
2, 407,  400 
1,942,297 
1,029.347 
280. 135 
190, 900 

31,928,095 
4, 336, 150 

10,080,404 
9, 881 . 534 
5, 100, 068 
1, 920, 213 
609, 126 

5,  276,  8.32 

631,  267 

1,527,478 

1,601,846 

1,020,581 

315, 804 

179,  856 

4,457.449 
491,  527 
1,402,241 
1,  243, 532 
961.500 
203,824 
154, 825 

17,  373,  356 
1,207,627 
4, 901,  554 
5,  528,  303 
3,471.224 
1,  943.  776 
320, 872 

37, 797,  922 
4, 238. 344 
9,194,541 

11,154.915 
7,  996, 086 
3, 877, 872 
1,  336, 164 

9, 443,  475 

645,  720 

1,912,396 

3,717.050 

1,844,861 

777,  662 

548, 786 

100.0 
16.8 
28.7 
27.2 
17.3 
8.9 
1.1 

100.0 
20.5 
28.1 
27.6 
17.2 
4.3 
2.2 

100.0 
17.0 

34.1 

14  6 
4.0 

100.0 
13.6 
31.6 
30.9 
16.0 
6.0 
1.9 

100.0 
12.0 
28.9 
30.4 
19.3 
0.0 
3.4 

100.0 
11.0 
31.5 
27.9 
21.6 
4.6 
3.5 

100.0 
7.0 
28.2 
31.8 
20.0 
11.2 
1.8 

100.0 
11.2 
24.3 
29.5 
21.2 
10.3 
3.5 

100.0 
6.8 
20.2 
39.3 
19.5 
5    8.2 
6.8 

161.9 

154.1 
152.3 
170.3 
168.7 
172.1 
177.7 

137.3 

116.4 
130.9 
145.4 
163.3 
150.3 
170.6 

112.0 

100.5 
103.3 
119.5 
117.8 
98.3 
206.6 

312.0 
247.1 
284.1 
332.2 
348.8 
511. 4 
526.0 

124.3 
88.2 
106.4 
131.2 
165.1 
163.8 
297.8 

111.2 
78.6 
102.  S 
104.9 
169.9 
105.  6 
206.2 

341.2 

165.3 
294.8 
377.6 
391.9 
718.1 
409.3 

1,  538.  1 

990.5 

1,175.9 

1,  578.  2 
2, 1S5.  3 

2,  576.  7 
5, 453.  7 

497.8 
205.5 
306.2 
709.5 
612.1 
701.7 
1,  742.  2 

155, 129, 000 
24, 327,  000 
41,628,000 
40, 142,  000 
30, 347,  000 
16, 679,  000 
2,  006, 000 

420, 249,  000 
83, 310, 000 
108, 052, 000 
120,327,000 
71, 431, 000 
20, 0S5, 000 
17, 044,  000 

1,  370,  335,  000 
204, 709, 000 
452, 448,  000 
395,130.000 
220, 737, 000 
46, 924,  000 
50,387,000 

2, 295. 835,  000 
294,191,000 
764, 418, 000 
731,795,000 
353. 096.  000 
102. 000,  000 
50,275,000 

680.  613,  000 
86, 350, 000 
184, 424,  000 
199, 063,  000 
109, 970, 0C0 
31,414.000 
19, 392, 000 

433,  683,  000 
50, 832, 000 
128, 198, 000 
129, 637, 000 
S9,  601.  000 
22, 686.  000 
12,  729,  000 

1, 358,  850,  000 
129,  454,  000 
418,  569, 000 
404,  855. 000 
224,161,000 
151,915,000 
24, 896, 000 

1,224,846,000 
157,471,000 
329, 886.  000 
398. 242.  000 
220.  096, 000 
83,717,000 
35, 464, 000 

1,  202,  429,  000 
123,871.000 
316,  023,  000 
411,536.000 
205,  044.  000 
74, 679.  000 
71, 276, 000 

100.0 

15.7 
26.8 
25.9 
19.6 
10.8 
1.3 

100.0 
19.8 
25.7 
28.6 
17.0 
4.8 
4.1 

100.0 

14.9 
33.0 
28.8 
16.1 
3.4 
3.7 

100.0 

12.8 
33.3 
31.9 
15.4 
4.4 
2.2 

100.0 
13.7 
29.2 
31.6 
17.4 
5.0 
3.1 

100.0 

11.7 
29.6 
29.9 
20.7 
5.2 
2.9 

100.0 

9.6 
30.9 
29.9 
16.0 
11.2 

1.8 

100.0 
12.9 
26.9 
32.5 
18.0 
6.8 

100.0 
10.3 
26.3 
34.2 
17.1 
6.2 
5.9 

20,  907 
18,  5-12 
18,371 

20.  SSli 
24, 692 
20, 9S9 
27, 479 

22, 607 

18,  522 

19,  696 
24, 789 

26.  554 
27, 589 
51,183 

21,  767 
17,115 
20,361 
24, 304 
25, 256 
16.459 
54,531 

22,438 
16,  764 
21,541 

24.  602 
24, 143 

27,  ISO 
43,415 

14,859 
12,063 
12, 845 
16,305 
17,789 
16,294 
32, 106 

10, 822 
8.133 
9,401 
10, 941 
15, 831 
11,  754 
16, 949 

26, 588 
17, 724 
25.176 
27,  652 

25.  306 
56,119 
31, 755 

49,  841 
36, 801 
42. 186 
56,  344 
60, 152 
55,  626 

144, 751 

63,  363 
39,424 

50,  004 
78,  552 
68, 031 
73.143 

226,  273 

129. 12 
120.29 
120.  59 
122.67 
146.34 
156.  79 
154.66 

164.  63 
159. 16 
150.44 
170.  55 
162.  61 
183.  59 
299.94 

194.  31 
170.  25 
187.  94 
203.  43 
214.44 
167.  50 
263.94 

71.91 
67.85 
75.83 
74.06 
69.23 
63.15 
82.54 

119  51 
136.  79 
120.  74 
124.  35 
107.  76 
99.47 
107.  82 

97.29 

103.  42 
91.48 

104.  25 
93.19 

111.30 
82.22 

77.93 
107.  20 
85.40 
73.23 
64.58 
78.15 
77.59 

32.41 
37.15 
35.88 
35.  70 
27.53 
21.59 
26.54 

127,  29 
191.  83 

165.  25 
110.  72 
111.14 

96.03 
129.88 

44,  8B0. 000 
10,  024.  000 
14, 492.  000 
11,135,000 
6, 437,  000 
2, 383, 000 
409, 000 

115,081,000 
30,571,000 
33,  540, 000 
29, 293. 000 
15,868,000 
3,413,000 
2, 376. 000 

389, 233, 000 
80, 098,  000 

131,  764,  000 
92, 339. 000 

46,  352,  000 

5,  92S, 000 
9, 752, 000 

603, 377,  000 
110,400,000 
224,392,000 
174,510.000 
71,743,000 
16,504.000 
10, 822, 000 

165,  373, 000 
27, 709, 000 
53,560,000 
49,412,000 
24, 292,  000 

6,  500, 000 
3,900,000 

140, 187, 000 
19, 252.  000 
46, 109. 000 
40, 979. 000 
26.  779. 000 
4, 369. 000 
2, 699, 000 

310. 846. 000 
48, 147,  000 

104,713.000 
89, 918, 000 
45, 813.  000 
16, 837.  000 
5, 418, 000 

301, 112,  000 
54,  367. 000 
93, 709.  000 
S3.  070. 000 

47,  520. 000 
15,959.000 

6,487,000 

256,  909. 000 
36,981.000 
80,683,000 
72,  647. 000 
42, 188. 000 
14, 436. 000 
10, 074, 000 

100.0 
22.3 
32.3 
24.8 
14.3 
5.3 
.9 

100.0 
26.6 
29.1 
25.8 
13.8 
3.0 
2.1 

100.0 
21.7 
35.7 
25.0 
12.6 
2.4 
2.6 

100.0 
18.1 
36.9 
28.7 
11.8 
2.7 
1.8 

100.0 
16.8 
32.4 
29.9 

14.7 
3.9 
2.4 

100.0 
13.7 
32.9 
29.2 
19.1 
3.1 
1.9 

100.0 
15.5 
33.7 
28.9 
14.7 
5.4 
1.7 

100.0 
18.1 
31.1 
27.6 
15.8 
5.3 
2.2 

100.0 
14.4 
31.4 
28.3 
16. 4 
5.6 
3.9 

6,049 
7,640 
6, 396 
5,793 

5,  258 
3,  856 
5,603 

6,190 
6,797 
6,114 

6.  035 
6,899 
4,688 
7,135 

5.865 
6,697 
5,930 
5,680 
5,303 
3,132 
10,554 

5,946 
6,291 
6,323 
5,867 
4,906 
4.395 
9,345 

8,897 
3.871 
3,730 
4,047 
3,929 
3.371 
6,457 

3,498 
3.0S0 
3,381 
3.458 
4.731 
2,264 
3,594 

6.105 

6,592 
6,298 
6,142 
5,172 
6, 220 
6,911 

12, 253 
12,705 
11.9S5 
11,753 
12,987 
10,604 
26, 478 

13, 539 
11,  770 
12,904 
13.867 
13,997 
14, 139 
31,981 

37.36 

49.57 
41.98 
34.03 
31.04 
22.40 
31.53 

45.07 
58.40 
46.70 
41.52 
36.12 
31.20 
41.81 

52.36 

66.62 
54.73 
47.54 
45.03 
31.87 
51.08 

19.05 

25.46 
22.26 
17.66 
14.07 
8.69 
17.77 

31.34 

43.89 
35.06 
30.85 
23.80 
20.58 
21.68 

31.45 

39.17 
32.88 
32.95 
27.85 
21.44 
17.43 

17.89 
39.87 
21.36 
16.27 
13.20 
8.66 
16.89 

7.97 
12.83 
10.19 
7.45 
5.94 
4.12 
4.85 

27.20 
57.27 
42.14 
19.54 
22.87 
18.  56 
18.36 

28.9 

41.2 

27.7 

20.4 

27.4 

36.7 

35  to  44  years 

31.0 

22.2 

13.9 

26.9 

39.1 

29.1 

23.4 

21.0 

19.0 

19.4 

26.6 

37.5 

29.4 

23.8 

20.3 

16.2 

21.5 

26.2 

32.1 

29.0 

24.8 

22.1 

20.7 

20.1 

32.3 

37.9 

36.0 

31.6 

29.9 

19.3 

21.2 

33.0 

37.2 

25.0 

22.2 

20  4 

11.1 

21.8 

24  g 

Under  35  j'ears 

34.6 
28  4 

20.9 

21,6 
19.1 

18.3 

21  4 

29  9 

25.5 

17  6 

20'  7 

19, 

14| 

FARM-MORTGAGE  DEBT 


77 


Table  17-- 


-Number,  Acreage,  Value,  and  Amount  of  Mortgage  Debt,  for  Mortgaged  Farms  Operated  by  Full  Owners, 
by  Economic  Class  of  Farm,  by  Geographic  Divisions:  1956 


Number    of 

mortgaged 

farms 

Land  in  mo 

tgaged  farms 

Value  of  land  and  buildings  for  mort- 
gaged farms 

Amount  of  mortgage  debt 

Geographic  division  and 

Total 

Per- 
cent 
dis- 
tribu- 
tion 

Total 

Aver- 
age per 
farm 
(acres) 

Total 

Average  value 
(dollars) 

Total  (dol- 
lars) 

Per- 
cent 
dis- 
tribu- 
tion 

Average  debt 
(dollars) 

Ratio 

Acres 

Per- 
cent 
dis- 
tribu- 
tion 

Dollars 

Per- 
cent 
dis- 
tribu- 
tion 

Per 

farm 

Per 

acre 

Per 

farm 

Per 
acre 

to 
value 
(per- 
cent) 

United  States.. - 

Commercial  farms 

Class  I -.-- 

909,  239 
iii-J,  7.r.C 

22,  ;;s:i 

100.0 
66.5 
2.5 
8.1 
15.1 
17.4 
16.4 
6.8 

33.7 
15.3 
18.4 

149,110,659 
130, 856, 443 
15,358,802 
28,  756, 870 
31,379,894 
28, 406,  137 
19,  709, 134 
7,  245,  606 

18,  254,  216 
10,885,712 
7, 368,  504 

100.0 
87.8 
10.3 
19.3 
21.0 
19.1 
13.2 
4.9 

12.2 
7.3 
4.9 

164.0 
217.1 
686.2 
389.6 
228.5 
179.1 
132.4 
117.3 

59.6 

78.1 
44.1 

17, 625,  598, 000 
14,  660,  383, 000 
2, 176,  809,  000 
3,  376,  270, 000 
3,  724, 133, 000 
2,901,923,000 
1,  908,  560, 000 
572, 688, 000 

2,965,215,000 
1,  500,  572,  000 
1,  464,  643,  000 

100.0 
83.2 
12.4 
19.2 
21.1 
16.5 
10.8 
3.2 

10.8 
8.5 
8.3 

19.  385 
24,  322 
97,  253 
45,  747 
27,11-1 
18,  296 
12,821 
9,275 

9,675 
10,  768 
8,763 

118.20 
112.03 
141.73 
117.41 
118.68 
102.  16 
96.84 
79.04 

162.44 
137. 85 
198. 77 

4,  719,  920,  000 
3,843,316,000 
476,  005,  000 
825, 375,  000 
1, 040, 414,  000 
821,715,000 
536,  356, 000 
142, 851, 000 

876,  604, 000 
428,  655, 000 
447, 949,  000 

100.0 
81.4 
10. 1 
17.5 
22.0 
17.4 
11.4 
3.0 

18.6 
9.1 
9.5 

6,191 
6,376 
21,293 
11,183 
7,575 
5,181 
3,603 
2,314 

2,860 
3,076 
2,680 

31.85 
29.37 
31.03 
28.70 

:,::.  16 

27.21 

19.72 

48.02 
39.  38 
60.79 

26.8 
26.2 
21.9 

24.4 

27.  9 
28.3 

US,  Mil 

01,  746 
306, 483 

139,352 

167, 131 

28.1 

24.9 

29.6 

28.6 

30.6 

GEOGRAPHIC  DIVISIONS 

27,  242 
10.  70S 
1,332 
3,612 
4,418 
3,979 
2,640 
887 

10, 474 
3,767 
6,707 

70,  341 
46, 92S 
2,248 
8,806 
13.212 
11,372 
8,757 
2,633 

23,  413 
11, 056 
12, 357 

175,617 
125,  733 
2,  302 
12,  306 
33,  199 
36,  212 
33.  U74 
8,580 

49, 884 
27,  109 
22,  775 

171,282 

140,  632 
3,556 
16,  982 
3\U22 
40,  702 
30,  021 
10,  749 

30,650 
15,950 
14,700 

128,  398 
69,  897 
2,  265 
6,120 
12,041 
18,910 
19,  925 
10,  636 

68,501 
21,640 
36, 861 

100.0 
61.6 
4.9 
13.3 
16.2 
14.6 
9.3 
3.3 

38.4 
13.8 
24.6 

100.0 
66.7 

3.2 
12.5 
18.8 
16.2 
12.4 

3.6 

33.3 
15.7 
17.6 

100.0 
71.6 
1.3 
7.0 
18.9 
20.6 
18.8 
4.9 

28.4 
15.4 
13.0 

100.0 
82.1 
2.1 
9.9 
22.2 
23.8 
17.9 
6.3 

17.9 
9.3 
8.6 

100.0 
54.4 
1.8 
4.8 
9.4 
14.7 
16.5 
8.3 

45.6 
16.9 
28.7 

3,  228,  608 
2,  544, 945 

196,  739 
743,  352 
716,  229 
491,469 
304, 951 
92, 205 

681,661 
302, 189 
379, 472 

7.352,091 

5, 939,  373 

414.867 

1, 305,  766 

2,037,727 

1,195,360 

762,  780 

222,883 

1,412,718 
844,  314 
568,  404 

18,044,714 

15,806,131 

745,311 

2,  577,  277 

4,  755,  241 
4,  225,  628 
2, 900,  479 

602,  195 

2,  238,  583 

1, 479, 837 

758,  746 

35,  343, 438 
33,  216, 922 
1,765,611 
6,044,022 
10,  784,  618 
8, 661,  889 
4,  733,  797 
1,226,985 

2, 126,  516 

1,  355,  333 

771, 183 

16,  528, 121 
12,835,465 

1,  554, 223 

2,  269,  530 
2, 577, 801 
3, 174,  875 

2,  356,  251 
902,  785 

3,  690,  656 
2,057,241 
1,633,415 

100.0 
78.9 
6.1 
23.0 
22.2 
16.2 
9.5 
2.9 

21.1 
9.4 
11.8 

100.0 
80.8 

5.6 
17.8 
27.7 
16.3 
10.4 

3.0 

19.2 
11.6 
7.7 

100.0 
87.6 
4.1 
14.3 
26.4 
23.4 
16.1 
3.3 

12.4 
8.2 
4.2 

100.0 
94.0 

5.0 
17.1 
30.5 
24.5 
13.4 

3.5 

6.0 
3.8 
2.2 

100.0 
77.7 

9.4 
13.7 
15.6 
19.2 
14.3 

6.5 

22.3 
12.4 
9.9 

118. 4 

151.8 
147.7 
205.8 
162.1 
123.5 
120.1 
104.0 

65.1 
80.2 
56.6 

104.5 

126.6 
184.5 
148.3 
154.2 
105.1 
87.1 
88.0 

60.3 
76.4 
46.0 

102.8 
125.7 
323.8 
208.4 
143.2 
116.7 
87.7 
70.2 

44.9 
54.6 
33.3 

206.3 
236.2 
496.5 
355.9 
283.6 
212.8 
154.6 
114.1 

69.4 
85.0 
52.5 

128.7 
183.6 
686.2 
370.8 
214.1 
167.9 
118.3 
84.9 

63.1 
95.1 
44.3 

443,  370, 000 
331,054,000 
66,  497, 000 
95, 080, 000 
79,  577, 000 
58, 930, 000 
29,  6S2,  000 
11,288,000 

112,316,000 
43,815,000 
68,  501, 000 

1, 166,  025, 000 
911,527,000 
117,620,000 
245, 979,  000 
264, 424, 000 
147,  580, 000 
107, 880, 000 
28, 044, 000 

254, 498, 000 
122, 902, 000 
131,  596, 000 

3, 087, 145,  000 
2,615,071,000 
186,433,000 
513.  442,  000 
814,  395,  000 
643,  696, 000 
386,  505, 000 
70,  600,  000 

472, 074, 000 
279,  610,  000 
192,  464, 000 

3,  545,  2S8, 000 
3, 328,  305, 000 

252,  644, 000 
794,  671, 000 

1,114,309,000 
741,761,0011 
338, 484, 000 
86, 436, 000 

216,991,000 
120,  258, 000 
96,  733, 000 

2,  072,  539,  000 
1,512,377,000 
312,915,000 
255,  846, 000 
320,059.000 
282, 908, 000 
247,250.000 
93, 399,  000 

560, 162, 000 

253,  715, 000 
306, 447, 000 

100.0 

74.7 
12.7 
21.4 
17.9 
13.3 
6.7 
2.5 

25.3 

9.9 
15.4 

100.0 
78.2 
10.1 
21.1 
22.7 
12.7 
9.3 
2.4 

21.8 
10.5 
11.3 

100.0 
S4.7 
6.0 
16.6 
26.4 
20.9 
12.5 
2.3 

15.3 
9.1 
6.2 

100.0 
93.9 
7.1 
22.4 
31.4 
20.9 
9.5 
2.4 

6.1 
3.4 
2.7 

100.0 
73.0 
15.1 
12.3 
15.4 
13.7 
11.9 
4.5 

27.0 
12.2 
14.8 

18,  275 

19,  743 
42,415 

26,  323 
18,012 
14.810 
11,686 
12,  726 

10,723 
11,631 
10, 213 

16,  577 

19,  424 
52,  322 

27,  933 
20,014 
12,977 
12,  319 
11,071 

10,  870 
11,116 
10, 650 

17,  579 

20,  799 
SO.  987 
11,520 
24,  531 

17,  776 
11,686 

8,228 

9,463 
10,  314 
S.451 

20,  699 

23,667 
71,047 
46,  795 
29,3117 

18,  224 
11,051 

8,041 

7,080 
7,540 
6,580 

16, 142 

21,  037 
13S.  1.12 

41,  SOS 
26,  58 1 
14,961 
12,  409 
8,781 

9,575 
11,724 
8,314 

137.  41 
130.  08 
287. 17 
127.91 
111.11 
119.91 
97.33 
122.42 

164.  77 

144.  99 
180.52 

158.  60 
153.  47 
283.  52 
188.38 
129.  76 
123.  46 
141.43 
125.  82 

180. 15 

145.  56 
231.52 

171.  08 

165.  45 
250.14 
199.  22 
171.26 
152.33 
133.  26 
117.24 

210.  88 
188.  95 
253.66 

100.31 
100.  20 
143.  09 
131.48 

103.  32 
85. 64 
71.50 
70. 45 

102.  04 
88.73 

125.  43 

125.41 
117.83 
201.33 
112.  73 

124. 16 
89.11 

104.  93 

103.  46 

151.  78 
123.  33 
187. 61 

133.  392,  000 
99, 331,  000 
14,615,000 
29,  877, 000 

26,  805, 000 
17,681.000 

7, 433, 000 
2, 920,  000 

34. 061, 000 
14,  240, 000 

19,  821,  000 

341,605,000 
268,  700, 000 
27, 053, 000 
74,  640,  O00 
85, 482, 000 
45,122,000 
28,  318,  000 
8, 085, 000 

72, 905, 000 
36,  503, 009 
36, 402,  COO 

863.  575,  000 
714,  8S6, 000 

46,771,000 
123,  548. 000 
241,  909, 000 
165, 149, 000 
118,384,000 

19, 125, 000 

148,  6S9, 000 
82,  222, 000 
66, 467, 000 

971,  342,  000 
903, 107,  000 

55,  010, 000 
18S,  798, 000 
318,111,000 
223,  909,  000 

97, 184, 000 

20,  095, 000 

6S,  235, 000 
40,  809, 000 

27,  426, 000 

508,481,000 
363,210,000 
60,  289, 000 
64, 181, 000 
84,  778, 000 
77, 162, 000 
66, 238, 000 
20, 562, 000 

145,  271, 000 
60, 929, 000 
84, 342, 000 

100.0 

74.5 
11.0 
22.4 
20.1 
13.3 
5.6 
2.2 

25.5 
10.7 
14.9 

100.0 

78.7 
7.9 
21.8 
25.0 
13.2 
8.3 
2.4 

21.3 

10.7 
10.7 

100.0 
82.8 

5.4 
14.3 
28.0 
19.1 
13.7 

2.2 

17.2 
9.5 

7.7 

100.0 
93.0 

5.7 
19.4 
32.7 
23.1 
10.0 

2.1 

7.0 
4.2 
2.8 

100.0 
71.4 
11.9 
12.6 
16.7 
15.2 
11.  1 
4.0 

28.6 
12.0 
16.6 

4,897 
5,924 
10, 972 
8,272 
6,067 
4,444 
2,926 
3.292 

3,  252 
3,780 
2, 955 

4,858 
5,726 
12,054 
8,476 
6,470 
3,968 
3,234 
3,192 

3,114 
3,302 
2,946 

4,917 
5,686 
20,  318 
9,991 
7,287 

4,  561 
3,579 
2,229 

2, 981 
3,033 
2,918 

5,671 
6.422 
15,  470 
11,  US 
8,366 
5,501 
3,174 
1,869 

2,226 
2,  559 
1,866 

3,960 
5,196 
26,  618 
10, 487 
7,041 
4,080 
2,822 
1,933 

2,483 
2,816 
2,288 

41.34 
39.03 
74.29 
40.19 
37.43 
35.98 
24.37 
31.67 

49.97 
47.12 
52.23 

46.46 
48.  24 
65.21 
57.16 
41.  96 
37.75 
37.12 
36.27 

51.61 
43.23 
64.04 

47.86 
45.  23 
62.75 
47.94 
50.87 
39.08 
40.82 
31.76 

66.42 
55.  56 
87.60 

27.48 
27.19 
31.16 
31.24 
29.50 
25.85 
20.53 
16.38 

32.09 
30.11 
35.66 

30.77 
28.  30 
38.79 
28.  28 
32.89 
24.30 
23.87 
22.78 

39.36 
29.62 
51.04 

30.1 

30.0 

25.9 

31.4 

33.7 

Class  IV 

30.0 

25.0 

25.9 

30.3 

32.5 

28.9 

29.3 

29.5 

23.0 

Class  II 

30.3 

Class  III 

32.3 

Class  IV... 

30.6 

Class  V_.__ 

26.2 

Class  VI 

28.8 

28.6 

Part-time  farms 

29.7 
27.7 

28.0 

27.3 

25.1 

24.1 

Class  III 

29.7 

Class  IV 

25.7 

Class  V 

30.6 

27.1 

31.5 

29.4 

34.5 

27.4 

Class  I .-- 

27.1 
21.8 
23.8 

Class  III 

Class  IV 

28.5 
30.2 
28.7 

23.2 

31.4 

33.9 

28.4 

24.5 

19.3 

25.1 

26.5 

Class  IV 

27.3 

22.7 

22.0 

26.9 

24.0 

27.6 

78 


FARM-MORTGAGE  DEBT 


Table  17. — Number,  Acreage,  Value,  and  Amount  of  Mortgage  Debt,  for  Mortgaged  Farms  Operated  by  Full  Owners, 
by  Economic  Class  of  Farm,  by  Geographic  Divisions:  1956 — Continued 


;t  South  Central.. 
Commercial--. 

Class  I 

Class  II 

Class  III 

Class  IV 

Class  V 

Class  VI 


Other  farms 

Part-time  farms.  „ 
Hesidential  farms. 


West  South  Central 

Commercial  farms  _ 

Class  I 

Class  II 

Class  III 

Class  IV 

Class  V 

Class  VI 


Other  farms 

Part-time  farms. 
Residential  farms 


Mountain _. 

Commercial  farms . 

Class  I 

Class  II 

Class  III 

Class  IV 

Class  V 

Class  VI 


Other  farms 

Part-time  farms... 
Residential  farms- 


Pacific 

Commercial  farms. 

Class  I 

Class  II 

Class  III 

Class  IV 

Class  V 

Class  VI 


Other  farms 

Part-time  farms... 
Residential  farms. 


Number    of 

mortgaged 

farms 


712 
2,731 

5,  133 
15,  043 

21',  mi 

15,  674 

47, 154 

22.  1)8 
25,  K',r, 


101,  470 
58, 101 
2,198 
7,074 

111,2211 
13,575 
16,051 


43,  938 

32,  sir, 

2,128 
5,717 
9,240 
8,291 
5,746 


11,122 
5,  466 
5,  651', 


81,  600 
49,684 
5,642 
10,  395 
11,506 
10. 523 
9,543 
2,010 

31,816 

12,7^5 
19,  161 


Per- 
cent 

r<.iis- 

tribu- 
tion 


10.1 

13.4 
15.8 


13.0 
21.0 
18.9 
13.1 


25.3 
12.4 
12.9 


12.7 
14.2 
12.9 
11.7 


30.1 
15,6 
23.5 


Land  in  mortgaged  farms 


12, 316,  501 
9, 551, 690 
565,  814 
1, 150,  952 
1, 169,  600 
2,  424,  281 
2,  750,  457 

1.  490.  586 

2,  764,  811 
1,  665,  616 
1,  099, 195 


26,  002,  381 
22,  598, 446 
3,  090,  202 
6,  668, 130 
3,  770,  208 
3,  745,  919 
3, 393, 942 
1, 930, 045 

3,  403. 915 


20, 018,  776 
19, 069,  496 
4, 366, 923 
5, 295,  202 
4, 184,  842 
3,  225,  792 
1,  514,  306 
4S2, 431 


10,  280.  051 
9, 293, 975 
2,  659. 122 
2,  702,  639 
1,  383,  62S 
1, 260, 924 
992, 171 
295,  401 

986,  076 
527,  240 
458,  836 


Per- 
cent 
dis- 
tribu- 
tion 


19.7 
22.3 
12.1 


11.9 
25.6 
14.5 
14.4 
13.1 


20.5 
20.9 
16.1 


25.9 
26.3 
13.5 
12.3 


Aver- 
age per 
farm 
(acres) 


112.6 
153.  6 
794.7 
421.4 
215.3 
161.2 
121.7 
95.1 

58.6 
75.3 
43.9 


389.0 
1,  405.  9 
942.6 
:«x.  9 
27.1.  9 
211.4 
214.9 

78.5 


456.6 
581.1 
2, 052.  1 
926.2 
452.  9 
389.1 
263.  5 


126.0 
187.1 
471.3 
260.  0 
119.6 
119.8 
104.  0 
147.0 

30.9 


Value  of  land  and  buildings  for  mort- 
gaged farms 


I,  124.  523,  000 
829,  206, 000 

65,  392,  000 
125,  614, 000 
125, 807.  000 
214,138,000 
206,  773,  000 

91. 482, 000 

295.317,000 
154, 139,  000 
141,178,000 


2,  031,  678,  000 
1,  630, 4S7,  000 
229,835,000 
433,  24S,  000 
291, 415, 000 
302,111,000 
261,  404,  000 
112,  474, 000 

401. 189. 000 
223.  227,  000 
177,  962. 000 


1,  357, 442, 000 
1,  207, 008, 000 
270, 152, 000 
319,210,000 
287.  610. 000 
197, 322, 000 
100,801.000 
31, 913, 000 

150, 434,  000 
76, 420.  000 
74, 014, 000 


2,  797,  582,  000 
2,  295, 348,  000 
6S5,  321, 000 
593,  180,000 
426.  .=37, 000 
313,477,000 
229, 781, 000 
47,052,000 

502, 234, 000 
226, 486, 000 
275,  748,  000 


11.2 
11.2 
19.0 
18.4 


100.0 
80.3 
11.3 
21.3 
14.3 
14.9 
12.9 
5.5 


100.0 
82.0 
24.5 
21.2 
15.2 
11.2 
8.2 
1.7 


10,  284 

13.  332 
01,843 
45, 996 
23,  156 

14,  235 
9,148 
5,837 

6,263 


20,  022 
2s.  063 
104.  .V',6 
61.  245 
28,  514 
22,  255 
16.  2S6 
12,  521 

9,251 
11.453 
7,453 


30.  894 

3(1,  7S1 
2,1.051 
5.->,  835 

31.  127 
23.  sOll 
17,543 
IS.  839 

13,  526 
13,  981 
13,  086 


34,  384 
•16,  199 

121.  Ills 
57, 064 
36.  8-3 
20.  776 


15.  736 
17,7.17 
14,  391 


106.  81 
92.54 
128.44 


78.13 
72.15 
74.38 
64.97 
77.29 
80.65 
77.02 
58.28 

117.86 
104.  42 

140.5.-. 


67.81 
63.30 
61.86 
60.28 
68.73 
61.17 
66.57 
66.15 

158.47 
148. 05 
170.90 


272. 14 
246. 97 
257.  72 
219. 48 
308. 27 
248.  61 
231.  59 
159.23 


Amount  of  mortgage  debt 


337, 465, 000 
247,  207,  000 
19, 173,  000 
34,  49.3,  000 
30,  723,  000 
74,  814,  000 
60,  842,  000 
27,162.000 

90,  258, 000 
50,  878, 000 
39,  380,  000 


459,  324,  000 
345, 022, 000 
45,  5S3, 000 
86,  416, 000 
63,  486, 000 
68,  607, 000 
58,  787, 000 
22, 143, 000 

114,  302,  000 
58, 171, 000 
56, 131, 000 


359.  047,  000 
315,345,000 
62,  432, 000 
79, 955, 000 
81, 108, 000 
57, 009, 000 
26,  715, 000 
8, 126, 000 

43,  702, 000 
21, 486, 000 
22,216,000 


745,  689,  000 
586.  508, 000 
145, 679, 000 
143,  467, 000 
108,012,000 
92, 262, 000 
82,  455, 000 
14,  633, 000 

159,181,000 
63,417,000 
95,764,000 


tribu- 
tion 
tion 


26.7 
15.1 
11.7 


18.8 
13.8 
14.9 
12.8 


24.9 
12.7 
12.2 


17.4 
22.3 
22.6 
15.9 


100.0 
78.7 
19.5 


3,975 
26,928 
12,630 
5,655 
4,973 
2,692 
1,733 

1,914 
2,300 
1,573 


4,527 
5,938 
20,738 
12,216 
6,212 
5,054 
3,663 
2,465 


29,338 
13,985 


3,929 
3,931 
3,928 


9,138 

11.805 
25, 820 
13,802 
9,339 
8,763 
8,640 
7,280 

4,987 
4.972 
4,998 


27.40 
25.88 
33.  S9 
29.97 
26.27 


32.65 
30.55 
35.83 


17.66 

15. 27 
14.75 
12.96 
16.84 
18.32 
17.32 
11.47 

33.58 
27.21 
44.33 


17.94 
16.54 
14.30 
15.10 
19.38 
17.67 
17.64 
16.84 

46.04 
41.62 
51.30 


72.54 
63.11 
54.78 
53.  OS 
78.06 
73.17 
83.11 
49.52 

161.43 
120.28 

20S.71 


30.0 
29.8 
29.3 
27.5 
24.4 
34.9 
29.4 


21.2 
19.8 
19.9 
21.8 
22.7 


28.5 
26.1 
31.5 


26.5 
26.1 
23.1 
25.0 
28.2 


26.7 
25.6 
21.3 


FARM-MORTGAGE  DEBT 


79 


Table  18. 


-Number,  Acreage,  Value,  and  Amount  of  Mortgage  Debt,  for  Mortgaged  Farms  Operated  bv  Part  Owners, 
by  Economic  Class  of  Farm,  by  Geographic  Divisions:  1956 


United  States 

Commercial  farms,.. 

Class  I - 

Class  II 

Class  III 

Class  IV ..._ 

Class  V.... 

Class  VI 

Other  farms 

Part-time  farms. . 
Residential  farms- 
Abnormal  farms. . 


GEOGRAPHIC  DIVISIONS 

New  England 

Commercial  farms 

Class  I 

Class  II 

Class  III 

Class  IV 

Class  V 

Class  VI 

Other  farms 

Part-time  farms - 

Residential  farms. 


Middle  Atlantic     

Commercial  farms. - 

Class  I 

Class  II 

Class  III 

Class  IV 

Class  V. 

Class  VL 

Other  farms 

Part-time  farms... 
Residential  farms- 


East  North  Central 

Commercial  farms.. 

Class  I. 

Class  II 

Class  III.. - 

Class  IV - 

Class  V. 

Class  VI — 

Other  farms 

Part-time  farms.  . 
Residential  farms 


Class  II 

Class  III 

Class  IV 

Class  V 

Class  VI 

Other  farms 

Part-time  farms  .. 
Resldental  farms.. 


South  Atlantic 

Commercial  farms. 

Class  I 

Class  II 

Class  III 

Class  IV 

Class  V 

Class  VL 


Other  farms 6,623 

Part-time  farms 4,211 

Residential  farms '    2,412 


Number    of 

mortgaged 

farms 


168,  269 

a~,  537 

25,  709 
72,11(13 
98,  138 
7',',  570 
46,541 
14,  676 

30, 732 

211.  '.IS", 

9,747 


IB,  539 
17,204 
1,  558 
5,177 
5,710 
3,361 
1,164 
234 

1,385 
1,062 


62,  355 
58,  134 
3,;  55 

14,  mo 

20,471 
13,  810 
5, 914 


4,  521 
3,365 
1,  156 


102.319 
99,  491 
4,972 
23.621 
35,418 
23,  555 
9,504 
2,421 


42,  439 
35,816 

1,505 
4.307 
8,084 
10, 165 
8.490 
3,265 


19.8 
26  6 
21.6 
12.6 


26.9 
29.4 
15.9 


23.1 
34.6 
23.0 


10.1 
19.0 
24.0 
20.0 


Land  in  mortgaged  farms 


117,086,689 
115,011.218 
27,096,213 
36, 980, 593 
26,421,319 
16, 183, 478 
6, 464, 820 
1,864,795 

2,  075, 471 

1,645,488 

429,983 


1,201,394 
1, 163,  245 
184, 873 
395, 903 
361,826 
145, 733 
64,106 
20,804 

38, 149 
23,899 
14,260 


2,652,718 
2, 498,  537 
4-14,341 
854, 752 
751,317 
358, 359 
74, 489 
15,279 

64, 181 
49,244 
4,937 


7, 052, 448 
0,  S80. 050 

761.666 
1,957.178 
2, 305, 992 
1, 344.  555 

448,064 
72, 595 

172, 398 
149,  890 
22,508 


31,928,095 
31.706,725 
4,887,415 
9. 855, 749 
9. 658, 680 


Per- 
cent 
dis- 
tribu- 
tion 


23.  1 
31.6 
22.6 


1,6 


221,  370 
168, 520 
52,850 


5,  276,  832 
5,015,926 

831,111 
1,  071,  554 
1,043, 
1, 198, 723 

604, 

266, 858 


15.4 
33.0 
30.1 
12.1 


100.0 
97.9 
17.4 
33.5 
29.4 
14.0 
2.9 
0.6 


27.  S 
32.7 
19.1 


100.0 
99.3 
15.3 
30.9 
30.3 
16.5 


Aver- 
age per 
farm 
(acres) 


317.9 
340.7 
1,054.0 
507.3 
269.2 
203.4 
138.9 
127.1 

67.5 

78.4 
44.1 


161.9 
173.7 
257.1 


15.7 
?0.3 
19.8 
22.7 
11.5 


62.7 
59.6 

41.  1 


137.3 

145.2 
285.2 
165.1 
131.6 
106.6 
64.0 
65.3 


137.9 
112.6 
97.4 


312.0 
318.7 
983.0 
417.2 
272.7 
223.7 
177.7 
143.3 


124.3 
140.0 
552.2 
248.8 
129  0 
117.9 
71.2 
81.7 

39.4 


Value  of  land  and  buildings  for  mort- 
gaged farms 


Per- 
cent 
at- 
tribu- 
tion 


9, 086, 969, 000 
8,  S32, 095, 000 
2.461.421,000 
2, 643, 836, 000 
2,  066,  980. 000 
1,  102.  849. 000 
446,  S93, 000 
110,  716,  000 

254, 274. 000 
185, 522, 000 
68,  752, 000 


155,129,000 
145,  457, 000 
33,  780, 000 
52,  648, 000 
36, 863, 000 
15. 793, 000 
6, 494, 000 
873, 000 

9, 672, 000 
6,  672,  000 
4, 000,  000 


420, 249,  000 
402,023,000 
113,263,000 
137, 463, 000 
90.371,000 
43.  040. 000 
16,488,000 
1, 398, 000 

18, 226, 000 
15,372,000 
2, 854, 000 


1,370,335,000 
1,325.774,000 
237,510.000 
447.301,000 
391,  735, 000 
181,410.000 
60, 013, 000 
7, 805, 000 

44,  561.  000 
33  969.  000 
10,  592,  000 


2,295,835,000 
2,275,159,000 
330, 497,  000 
801, 486,  000 
725. 457. 000 
317.455,000 
83, 865, 000 
16,399.000 

20,  676,  000 
15, 354, 000 
5, 322,  000 


630  613,  000 
5S8,  655, 000 
107.941.000 

124. 996. 000 
130,318.000 

123. 968. 1 
80,913,000 
20,  519, 000 

41. 95S,  000 
24,  552. 000 
17,  406,  000 


21.8 
33.9 
23.8 
10.2 


32.7 
21.5 
10.2 


32.6 
28.6 
13.2 


34.9 
31.6 
13.8 


100.0 
93.3 
17.1 

19  8 

20  7 
19.7 
12.8 

3.3 


,\  rerage  palue 
(dollars] 


24.  675 
26,  168 
95. 742 
36.  265 
21.002 
13, 800 
9.602 
7,544 


20, 907 
21,723 
46.  990 
26,416 
16.  902 
13,361 
11,077 


13, 359 
14, 145 
12,384 

22.  607 

2!,  368 
72,  098 
2.:.  .-,53 
15,827 

12.  SOU 
14,165 

5,974 

13, 160 
14, 475 
8,836 

21,  767 

22,  688 
75,  281 
31,522 
19,  136 

13.  136 
10,  148 

8,730 

9,  856 
10.  095 
9,163 


22,  438 

22.  Sfls 
I-,,',.  472 
33.931 
20.483 
13,477 
8,824 
6,774 

7,311 

7,662 
6,459 


14,  859 
16,436 
71,722 
29.022 
16. 120 
12,  196 
9,530 
6,285 

6,335 
5,830 
7,216 


77  61 
76.80 
90.84 
71.  49 
78.23 

68.  15 

69.  13 
59.37 

122.51 
112.76 
159.  89 


129, 12 
125.  04 
182  75 
132.  98 
101.88 
108. 37 
101.54 
41.96 

253.53 
237.  33 
2.80.  70 


164.  63 
160.  90 
254  90 
160.  82 
120.  28 
120.  10 
221.35 
91.50 


194.  31 
192.70 
315.  98 
228  54 
169.  S8 
134.  92 
133.  94 
107.  51 

258.  48 
220.  63 
470.  59 


71.91 

71.76 
67.62 
81.32 
75.11 
60.25 
49.  65 
47.28 

93.40 
91.  11 
100.  70 


119.  51 
117.36 
129  SS 
116.65 
124  93 
103.  42 
133.  84 
76.89 

160.82 
125.67 
265.  61 


Amount  of  mortgage  debt 


2,311,978.000 
2,234,154,000 
504,  469. 000 
675,841.000 
570,216.000 
320, 894, 000 
130,  409, 000 
32,  295,  000 

77, 824, 000 
56.661,000 
21,263,000 


44,  880,  000 
42,  860.  000 
9,  568. 000 
15,  772. 000 
11,487,000 
4, 273,  000 
1,431,000 
329, 000 

2, 020,  000 

1, 189, 000 

831,000 


115,061,000 
109, 957. 000 
23, 884, 000 
39, 026, 000 
29, 063,  000 
14,031,000 
3, 525. 000 
428,000 

5, 104, 000 

4,501,000 

603, 000 


369, 233,  000 
357,921,000 
50,978,000 
124,  483,  000 
106, 472. 000 
54, 037.  000 
20, 057,  000 
1, 894, 000 

11,312,000 
8,651.000 
2, 661, 000 


608,  377, 000 
601. 943. 000 
74,321.000 
194, 765,  000 
210, 895,  000 
91,400,000 
25,  643. 000 
4, 910, 000 

6,  434. 000 
5.017,000 
1,417,000 


165,373,000 
163,  if.9,000 
24,  704.  000 
33,  781,  000 
36, 645.  000 
32,  733,  000 
19. 753,  000 
5,  553, 000 

12, 204,  000 
7,  1 13.  000 
5, 091,  000 


Per- 
cent 
dis- 
tribu- 
tion 


21.8 
29.2 
24.7 
13.9 


100.0 
95.5 
21.3 


100.0 
95.6 
20.8 
33.9 
25.3 
12.2 
3.1 
0.4 


33.7 
28.8 
14.fi 


12.2 
32.0 
34.7 
15.0 


14.9 
20.4 
22.2 
19.8 
11.9 


6,619 
19.622 
9,270 
5.811 
4,033 
2.802 
2,201 

2.632 

2,  695 
2,181 


6,049 
6,401 
13, 307 
7,914 
5,267 
3,616 
2,885 
2, 632 


6,190 
6,391 
15,  330 
7,538 
5,090 
4,175 
3,028 
1,829 

3,6 

4.238 

1.S07 


5,865 
6, 125 
16, 158 
8,773 
5,201 
3,913 
3,391 
2,119 

2,502 
2,571 
2,302 


2.275 
2.  503 
1,720 


3.897 
4,277 
16,415 
7,843 
4,533 
3,220 
2,327 
1,701 

1,843 


19.75 
19.43 

18.  62 
18.28 
21.58 

19.  83 
20.17 
17.32 

37.50 
34.  37 
49.45 


37.36 
36.85 
61.75 
39.84 
31.75 
29.32 
26.  45 
15.81 

52. 95 
49.75 
58.  32 


53.75 
45.66 
38.68 
39.15 
47.32 
28.01 

94.20 
91.40 
122. 14 


52.36 
52.02 
67.82 
63.60 
46.  17 
40.19 
44.76 
26.09 

65.62 
57.72 
118.  22 


19.05 
18.98 
15.21 
19.76 
21.83 
17.35 
15.  18 
14.15 

29.06 
29.77 
26.81 


31.34 

30  54 
29.72 
31.  53 
35.13 
27.31 
32.67 
20.81 


80 


FARM-MORTGAGE  DEBT 


Table  18. 


-Number,  Acreage,  Value,  and  Amount  of  Mortgage  Debt,  for  Mortgaged  Farms  Operated  by  Part  Owners, 
by  Economic  Class  of  Farm,  by  Geographic  Divisions:  1956 — Continued 


East  South  Central 

Commercial  farms — 

Class  I 

Class  11.. 

Class  III 

Class  IV 

Class  V. _ 

Class  VI 

Other  farms 

Part-time  farms 

Residential  farms-  - 

West  South  Central 

Commercial  farms — 

Class  I 

Class  II 

Class  III 

Class  IV 

Class  V .. 

Class  VI 

Other  farms 

Part-time  farms 

Residential  farms.  . 

Mountain 

Commercial  farms — 

Class  I- 

Class  II.... 

Class  III 

Class  IV -._ 

Class  V 

Class  VI 

Other  farms. 

Part-time  farms 

Residential  farms.  - 

Pacific 

Commercial  farms 

Class  I 

Class  II 

Class  III 

Class  IV 

Class  V 

Class  VI 

Other  farms 

Part-time.- 

Residential  farms. . 


Number    of 

mortgaged 

farms 


762 
2,655 
5,311 
10. 143 

10,01* 
4,579 

6,078 
3.754 

2,324 


50, 920 
45, 439 
4,607 
9,002 
11,341 
10,  843 
7,172 
2,474 

5,481 
4,307 
1,174 


24,  576 
23, 339 
3,056 
6,871 
6, 276 
4,  592 
2,047 
497 


18,976 
17, 120 
5,375 
5,  087 
3, 34(1 
1,919 
1,200 
187 


17.7 
22.3 
21.3 
14.1 


28.0 
25.5 
18.7 


Land  in  mortgaged  farms 


566, 906 
745, 871 
711,043 
1, 057, 681 
752, 746 
321, 905 


17,  373,  356 
16,  820,  603 
4,  086,  804 
4,416,487 
4,  427,  631 
2.  227,  490 


1,006 
299, 185 

546,  753 

474, 164 
72,  589 


37,  797,  922 
37, 446,  200 
9,611,442 
15.76S.892 
6, 219. 156 
4, 128, 493 
1,  289, 158 
429, 065 

351,716 
266, 132 
85, 584 


9,  448,  476 

9,317,774 

5,731,655 

1,914,207 

942,  566 

453,  749 

1S3, 490 

92, 107 

128.701 
100, 338 
28.363 


100.0 
93.2 
12.7 
16.7 
16.0 
23.7 
16.9 
7.2 


100.0 
96.9 
23.5 
25.4 
25.5 
12.8 
7.9 
1.7 


Aver- 
age per 
farm 
(acres) 


111.2 

122.2 
744.0 
280.  9 
133.9 
104.3 
71.4 
70.3 

49.6 
58.1 
35.9 


341.2 
370.3 
887.1 
490.6 
390.4 
205.4 
190.9 
120.  9 


1,  539.  1 
1,604.4 
3, 145.  1 

2.  295  O 
990.9 
899.1 
629.8 
863.3 

284.6 
321.4 
209.  S 


497.8 
541.3 
1,061-1.4 
376.3 
281.7 
236.  5 
152.1 
492.6 

69.3 


Value  of  land  and  buildings  for  mort- 
gaged farms 


433, 683, 000 
402, 100, 000 
79, 304, 000 
76, 430,  000 
79, 885, 000 
86, 379,  000 
59,310,000 
20, 792,  000 

31, 583, 000 
22,  529, 000 
9, 054,  000 


1,  353. 850,  000 
1,312,393,000 
430, 158,  000 
342. 403, 000 
292,  634, 000 
152, 304, 000 
74. 070, 000 
20, 824, 000 

41, 457,  000 
34, 149,  000 
7, 308, 000 


1,  224,  846,  000 
1,  205, 581, 000 
361,  656, 000 
425, 563, 000 
229,111,000 
130, 963. 000 
39,  153, 000 
19,  235, 000 

19, 265,  000 
13,  831,  000 
5, 434, 000 


1,  202, 429,  000 
1, 175, 553,  000 
767, 406, 000 
235,  546, 000 
90, 606, 000 
51,  .537,  000 
27,  587,  000 
2, 871, 000 

26. 876, 000 
20, 094,  000 
6, 782,  000 


Per- 
cent 
dis- 
tribu- 
tion 


18.4 

19.  9 
13.7 


100.0 
96.9 
31.8 
25.3 
21.6 
11.2 
5.5 
1.5 


10.  822 

11,827 
104,073 
28, 787 
15,  041 
8,516 


5,196 
6,001 
3,  v.lii 


26,  588 

2\  sm: 

93,371 

3*.  (136 
25.  MW 
14,  046 
10.32s 
8,417 

7,564 


49,  841 
51,  655 
118,310 
61.  93( ; 
36, 506 
28.  520 
19,  127 
38,702 

15, 587 
16,  701 
13,319 


63.  366 

6S.  665 
142.773 
46,304 
27,  079 
26.  S5(i 
22,  875 
15, 353 

14, 481 
19, 0S3 
8,446 


97.29 
96.75 
139.  S9 
102.  47 
112.35 
81.67 
78.79 
64.59 


77.93 
78.00 
108.  26 
77.  53 
68.  09 
6S.37 
54.10 


75.82 
72.  02 

100  .,- 


32.41 
32.20 
37.  62 
26.  99 
36.  84 
31.72 
30.37 
44.  S3 


64. 


127.  29 

126.  16 
133.  89 
123.05 

96.13 
113.58 
150.  35 

31.17 

208.  83 
200.  26 
239.  1 1 


Amount  of  mortgage  debt 


140, 187, 000 
129,707.000 
20, 184, 000 
23, 206,  000 
27,178,000 
31,  576,  000 
20,  084, 000 
7, 479, 000 

10,  4S0,  000 
7, 654, 000 
2,  826,  000 


310,  848, 000 
295,  947,  000 
74, 632, 000 
83, 098, 000 
65,  797.  000 
■13, 7S1, 000 
22,  496, 000 
6, 143,  000 

14,  899, 000 
11,147,000 
3,  752, 000 


301,112,000 
294,905,000 
87, 729, 000 
101, 421,  000 
57, 215,  000 
33,929,000 
9,812,000 
4,  799, 000 

6, 207, 000 
4,  644, 000 
1,  563, 000 


256, 909, 000 
247, 745, 000 
138, 469, 000 
60,  289, 000 
25, 494, 000 
15, 125,  000 
7, 608, 000 
760, 000 

9, 164, 000 
6, 645, 000 
2, 519, 000 


Average  debt 

Per- 

(dollars) 

cent 
dis- 

tribu- 

tion 

Per 

Per 

farm 

acre 

100.0 

3,498 

31.46 

92.5 

3,815 

31.21 

14  4 

26,  488 

35.  60 

16.6 

8,740 

31.11 

19.4 

5,117 

38.  22 

22.5 

3,113 

29.85 

14.3 

1,904 

26.68 

5.3 

1,633 

23.23 

7.5 

1,724 

34.78 

5.5 

2,039 

35.12 

2.0 

1,216 

33.90 

100.0 

6,105 

17.89 

95.2 

0,513 

17.59 

24.0 

16,  200 

18.26 

26.7 

9,231 

18.82 

21.2 

5,802 

14.86 

14.1 

4,  038 

19.65 

7.2 

3.137 

16.43 

2.0 

2,483 

20.53 

4.8 

2,718 

27.25 

3.6 

2,688 

23.51 

1.2 

3,196 

51.  69 

100.0 

12, 253 

7.97 

97.9 

12,636 

7.88 

29.1 

28.707 

0.13 

33.7 

14, 761 

6.43 

19.0 

9,116 

9.20 

11.3 

7,389 

8.22 

3.3 

4,793 

7.61 

1.6 

9,656 

11.18 

2.  1 

5,022 

17.65 

1.5 

5,609 

17.45 

0.5 

3,831 

18.26 

100.0 

13,  539 

27.20 

96.4 

14, 471 

26.59 

53.9 

25,  762 

24.16 

23.5 

11.852 

31.50 

9.9 

7,619 

27.05 

5.9 

7,882 

33.33 

3.0 

6,308 

41.46 

0.3 

4,064 

8.25 

3.6 

4,938 

71.20 

2.6 

6,311 

66.23 

L0 

3,137 

88.81 

value 
(per- 
cent) 


30.4 
34.0 
36.6 


23.0 
22.6 
17.3 
24.3 
22.5 
28.7 
30.4 


35.9 
32.6 
51.3 


24.6 
24.5 
24.3 
23.8 
25.0 
25.9 
26.1 


21.4 
21.1 
18.0 
25.6 
28.1 


34.1 
33.1 
37.1 


FARM-MORTGAGE  DEBT 


81 


Table  19.- 


-Number,  Acreage,  Value,  and  Amount  of  Mortgage  Debt,  for  Mortgaged  Farms  Operated  by  Full  Owners, 
Classified  by  Type  of  Farm,  by  Geographic  Divisions:  1956 


[Data  relate  only  to  commercial  farms 

Soo  text) 

Number  of 
mortgaged  com- 
mercial farms 

Land  In  mortgaged  com- 
mercial farms 

Value  of  land  and  buildings  for  mort- 
gaged commercial  farms 

Amount  of  mortgage  debt  on  commercial  farms 

Geographic  division  and  type  of  farm 
(full-owner  commercial  farms  only) 

Total 

Percent 
distri- 
bution 

Total 

Average 

per 

farm 

(acres) 

Total 

Average  value 
(dollars) 

Total  (dollars) 

Percent 
distri- 
bution 

Average  debt 
(dollars) 

Ratio 
to 

Acres 

Percent 
distri- 
bution 

Dollars 

Percent 

distri- 
bution 

Per 

farm 

Per 
acre 

Per 
farm 

Per 
acre 

value 
(per- 
cent) 

602,766 

168, 666 

75,380 
49,  768 
43,517 
6,915 
24,  574 
CI.  290 
50, 424 

133,044 
66,  130 

17,265 
13,  480 
35,  :«5 
9,714 

100.0 

28.0 
12.5 
8.3 

7.2 
1.1 
4.1 
23.8 

8.4 

22.1 
11.0 
2.9 
2.2 
5.9 
1.6 

130,856,443 

31,  989,  897 
18,930,158 
7,962,153 
5, 097, 586 
649,  640 

2,  199,  337 
22,  656,  549 

3,  571,  088 

54,  753,  271 
13,  008,  432 
3,124,982 
2, 000,  706 
7,  882,  744 
2, 028,  229 

100.0 

24.4 
14.6 
6.1 
3.9 

.5 
1.7 
17.3 
2.7 

41.8 
9.9 
2.4 
1.5 
6.0 
1.6 

217.1 

189.7 
251.1 
160.0 
117.1 
93.9 
89.5 
158.1 
70.8 

411.5 
196.7 
181.0 
148.4 
222.8 
208.8 

14,  660,  383,  000 

3,787,812,000 

2, 254, 053,  000 

976, 650, 000 

557, 109, 000 

159,257,000 

1,242,588,000 

2,615,036,000 

938, 434, 000 

4,153,909,000 
1,  516,  959, 000 
420,  569, 000 
251,757,000 
844,  633, 000 
246,  388, 000 

100.0 

25.8 
15.4 
6.7 
3.8 
1.1 
8.5 
17.8 
0.4 

28.3 
10.3 
2.9 
1.7 
5.8 
1.7 

24, 322 

22, 458 
29,  903 
19.624 
12.802 
23,031 
511,  565 
18,250 
18,611 

31,222 

22,  939 
24,300 
18,  676 

23,  870 
25,  364 

112.03 

118.41 
119.07 
122.66 
109.  29 
245.  15 
561.98 
115.42 
262.  79 

75.87 
116.61 
134.  58 
125.83 
107. 15 
121.48 

3,843,316,000 

920,  776, 000 
538, 439, 000 
229,  877, 000 
152.  460,  000 
35,  069. 000 
274,651,000 
831,278,000 
252,  995, 000 

1,063,167,000 
403, 770, 000 
111,532,000 

72,S13,O00 
219, 425. 000 

61,610,000 

100.0 

23.9 
13.9 
6.0 
3.9 

.9 
7.1 
21.5 
6.7 

27.6 
10.6 
3.1 
1.9 
5.6 
1.7 

6,376 

5,459 
7,143 
4,619 
3,  503 
5,071 
11,176 
5,801 
5,017 

7,991 
6,106 
6, 400 
5,402 
6,573 
6,342 

29.37 

28.78 
28.44 
28.87 
29.91 
53.98 
124.88 
36.69 
70.85 

19.42 
31.04 
35.69 
36.39 
27.84 
30.38 

26.2 

Field-crop  farms  other  than  vege- 

24.3 

23.9 

23.5 

27.4 

22.0 

22.1 

Dairy  farms - 

31.8 

27.0 

Livestock  farms  other  than  dairy 

25.6 

26.6 

Primarily  crop 

26.5 
28.9 

26.0 

Miscellaneous  farms 

25.0 

GEOGRAPHIC  DIVISIONS 

16,  768 
1,798 

100.0 

10.7 

2,  644,  945 
286, 429 

100.0 
11.3 

151.8 
159.3 

331,054,000 
32,246,000 

100.0 

9.7 

19,  748 
17,  934 

ISO.  08 
112.  58 

99,  331,  000 
11,065,000 

100.0 
11.1 

9,924 

6,154 

39.03 
38.63 

30.0 

Field-crop  farms  other  than  vege- 

34.3 

1,798 

266 

690 

7,430 

4,622 

515 
565 
316 
106 
143 
882 

46, 928 

3,147 
2,6S3 

10.7 
1.6 
4.1 
44.3 
27.6 

3.1 
3.4 
1.9 
.6 
.9 
5.3 

100.0 

6.7 
5.7 

286, 429 
12,936 
81,270 
1,  572,  584 
239, 249 

82, 406 
86, 461 
45,  552 
15, 482 
25,  427 
183,  610 

5, 939,  873 

361,  673 
300,319 

11.3 
.5 

3.2 
61.8 

9.4 

3.2 
3.4 

1.8 
.6 
1.0 
7.2 

100.0 

6.1 
5.1 

159.3 
48.6 
117.8 
211.7 
51.8 

160.0 
153.0 
144,2 
146.1 
177.8 
208.2 

126.8 

114.9 
111.9 

32,  246, 000 
4, 199, 000 
20, 859,  COO 
132,412,000 
98,  368, 000 

13,931,000 
9,  762, 000 
5,  667, 000 
2, 173, 000 
1, 922, 000 

19,277,000 

911,  527,  000 

59,481,000 
45,721,000 

9.7 
1.3 
6.3 
40.0 
29.7 

4.2 
2.9 
1.7 
.7 
.6 
5.8 

100.0 

6.6 
5.0 

17,934 
15,786 
30,  230 
17,821 
21,283 

27, 050 
17,278 
17,934 
20.  500 
13,441 
21, 856 

19,424 

18, 901 
17,041 

112.58 
321.  60 
250  00 
84.20 
411.15 

169.05 
112.91 
124.41 
140.  36 
75.69 
104.99 

153.47 

164. 46 
152.  24 

11,065,000 
941,  000 
6, 826, 000 
40, 325,  000 
27, 795, 000 

6,  300, 000 
2, 603, 000 
1,354,000 
619,  000 
630, 000 
4,  476, 000 

268, 700,  000 

16,054,000 
11,624,000 

11.1 
.9 
6.9 
40.6 
28.0 

5.3 

2.6 
1.4 
.6 
.6 
4.5 

100.0 

6.0 
4.3 

6,154 
3,538 
9,893 
5,427 
6,014 

10, 291 
4,607 
4,285 
5,840 
4,406 
5,075 

5,726 

5, 101 
4,332 

38.63 
72.74 
83.99 
25.64 
116.18 

64.32 
30.11 
29.72 
39.98 
24.78 
24.38 

45.24 

44.39 
38.71 

34.3 

22.4 

32.7 

30.5 

Livestock  farms  other  than  dairy 

28.3 
38.0 

26.7 

23.9 

28.5 

32.8 

23.2 

29.5 

Field-crop  farms  other  than  vege- 
table and  fruit-and-nut 

27.0 
25.4 

464 
1,648 
2,063 
22,  961 
9,534 

3,086 
3,036 
1,383 
535 
1,118 
1,453 

125,  733 

28,687 
27,  527 

1.0 

3.5 
4.4 
48.9 
20.3 

6.6 
6.6 
2.9 
1.1 
2.4 
3.1 

100.0 

22.8 
21.9 

61,354 
126,  598 
263. 265 
3, 938, 276 
397, 851 

437,  649 
326, 333 
163,  596 

48, 197 
114,540 

87,  728 

15,806,131 

3,503,013 
3, 361, 627 

1.0 

2.1 
4.4 
66.3 
6.7 

7.4 
5.5 
2.8 
.8 
1.9 
1.5 

100.0 

22.2 
21.3 

132.2 
76.8 
127.6 
171.5 
4l.7 

141.8 
107.5 
118.3 

90.1 
102.5 

60.4 

126.7 

122.1 
122.1 

13,  760, 000 
41,497,000 
58,  260, 000 
368, 992, 000 
212, 953,  000 

69,871,000 
61,379,000 
36, 094. 000 
7, 030, 000 
18,255,000 
39, 094, 000 

2,615,071,000 

738,018,000 
714,786,000 

1.5 

4.6 
6.4 
40.5 
23.4 

7.7 
6.7 
4.0 
.8 
2.0 
4.3 

100  0 

28.2 
27.3 

29,  655 
25,180 
28,  240 
16,070 
22, 336 

22,641 
20,  217 
26. 098 
13, 140 
16,  328 
26,  906 

20,  799 

25,  727 
25, 967 

224.  27 
327.  79 
221.30 
93.  09 
535.  26 

159.65 
188.09 
220.  63 
145.  86 
159.  38 
445.  63 

165.45 

210.  68 
212.  63 

4, 430, 000 
8,  214, 000 
17, 942, 000 
120,466,000 
59,  878, 000 

18,970,000 
17,358,000 
8.841,000 
2, 404,  000 
6.113,000 
9, 81S,  000 

714,886,000 

183,410,000 
177,  519, 000 

1.6 
3.1 
6.7 
44.8 
22.3 

7.1 
6.5 
3.3 
.9 
2.3 
3.7 

100.0 

25.7 
24.8 

9,547 
4,984 
8,697 
5,247 
6,280 

6,147 
5,717 
6,393 
4,493 
5,468 
6,757 

5,686 

6,393 
6,449 

72.20 
64.  SS 
68.15 
30.59 
160.  50 

43.35 
53.19 
54.04 
49.88 
53.37 
111.91 

45.23 

52.36 
52.81 

32.2 

19.8 

30.8 

32.6 

28.1 

Livestock  farms  other  than  dairy 

27.2 

28.3 

24.  S 

34.2 

33.5 

25.1 

27.3 

Field-crop  farms  other  than  vege- 
table and  fruit-and-nut 

24.9 
24.8 

1,160 
1,470 
1,818 
50, 630 
6,761 

22, 007 
13,515 
1  764 
4,243 
7,508 
1,845 

140,632 

30,941 

29,509 

975 

457 

132 

242 

26,  064 

4,532 

68.383 
19,994 
1,351 
6,548 
12, 095 
344 

.9 
1.2 
1.4 
40.3 
4.6 

17.5 
10.7 
1.4' 
3.4 
6.0 
1.5 

100.0 

22.0 
21.0 
0.7 
0.3 
0.1 
0.2 
18.5 
3.2 

41.5 
14.2 
1.0 
4.7 
8.6 
1       0.2 

141,386 
129,991 
165, 254 
6,  866, 880 
368,  213 

2,937,124 

1,711,132 

185,218 

610,  628 

1,015,286 

124,524 

S3,  216,  922 

8,628,145 
8,411,612 
103,  721 
112.912 
10,  197 
16, 636 
4,  287,  898 
546,871 

15,292,316 
4,416,885 
394, 097 
1,083.600 
2, 939, 188 
1          17,974 

.9 
.8 

1.0 
43.4 

2.3 

18.6 
10.8 
1.2 
3.2 
6.4 
.8 

100.0 

26.0 
25.3 

0.3 

0.3 
(s) 

0.1 
12.9 

1.6 

46.0 
13.3 
1.2 
3.3 
8.8 
0.1 

121.9 
88.4 
90.9 

135.6 
63.9 

133.5 
126.6 
105.0 
120.3 
135.2 
67.5 

236.2 

278.9 
285.0 
106.4 
247.1 
77.2 
68.7 
164.5 
120.7 

261.9 
220.9 
291.7 
165.  6 
243. 0 
1       52.2 

23, 232, 000 
35, 402, 000 
34, 705, 000 
809,812,000 
94,176,000 

572, 823, 000 
289,103,000 
31, 358, 000 
88, 978,  000 
168,  767, 000 
41, 032, 000 

3, 328, 305, 000 

854, 384, 000 
824, 353, 000 
19,920,000 
10,111,000 
1,726,000 
3,  936, 000 
395,  320, 000 
60, 664, 000 

1,548,442.000 
457, 208, 000 
35,830,000 
126,297,000 
295,081,000 
6,626,000 

.9 
1.4 
1.3 
31.0 
3.6 

'     21.9 
11.1 
1.2 
3.4 
6.5 
1.6 

100.0 

25.7 
24.8 
0.6 
0.3 
0.1 
0.1 
11.9 
1.8 

46.5 
13.7 
1.1 
3.8 
8.9 
0.2 

20,  028 
24.  083 
19,090 
15,995 
16, 347 

26, 029 
21,391 
17,  777 
20,  971 
22.  478 
22, 240 

23, 687 

27,  613 
27,  936 
20,431 
22,  125 
13,076 
16,  264 
15, 167 
13,386 

26,  522 
22,  867 
26,  621 
19,288 
24,  397 
19, 269 

164.32 
272.  34 
210.01 
117.93 
255. 77 

195.03 
168.95 
169.  30 
174.  25 
166.  23 
329.  51 

100. 20 

99.02 

98.00 
192. 05 

89.55 
169.27 
236.  60 

92.19 
110.  93 

101.  26 
103.  51 
90.92 
1 16.  55 
100.  40 
368.59 

5,891,000 

6,  508, 000 

7,  583, 000 
273,  222, 000 

24,  646, 000 

132,  738, 000 
74,  689, 000 
8,041,000 
24, 294. 000 
42, 354, 000 
12, 090, 000 

903, 107, 000 

194,  500, 000 

188, 858,  000 

4,  313. 000 

1,329,000 

91,000 

1, 102, 000 

137,  802, 000 

16. 60S,  000 

420,  852, 000 
130,  307, 000 
10,  894, 000 
38,  235, 000 
81, 178, 000 
1,755,000 

.8 
.9 
1.1 
38.2 
3.4 

18.6 
10.4 
1.1 
3.4 
5.9 
1.7 

100.0 

21.5 
20.9 

0.5 

0.1 
M 

0.1 
15.3 

1.8 

46.6 
14.4 
1.2 
4.2 
9.0 
0.2 

5,078 
4,427 
4,171 
5,396 
4,278 

6,032 
5,526 
4,558 
5,726 
5,641 
6,553 

6,422 

6,286 
6,400 
4,424 
2,908 
689 
4,554 
5,291 
3,665 

7,208 
6,517 
8,064 
5,839 
6,712 
5,102 

41.67 
50.07 
45.89 
39.79 
66.93 

45.19 
43.65 
43.41 
47.  58 
41.72 
97.09 

27.19 

22.54 
22.45 
41.58 
11.77 
8.92 
66.24 
32.16 
30.37 

27.52 
29.60 
27.64 
35.29 
27.62 
97.64 

25.4 

18.4 

21.8 

33.7 

26.2 

Livestock  farms  other  than  dairy 

23.2 

25.8 

25.6 
27.3 

Crop  and  livestock,,,, r 

25.1 

29.5 

27.1 

Field-crop  farms  other  than  vege- 
table and  fruit-and-nut ----- 

22.8 
22.9 

21.7 

13.1 

5.3 

28.0 

34.9 

27.4 

Livestock  farms  other  than  dairy 

27.2 

28.5 

30.4 

30.3 

27.5 

26.6 

Z  0.05  percent  or  less. 


82 


FARM-MORTGAGE  DEBT 


Table  19. — Number,  Acreage,  Value,  and  Amount  of  Mortgage  Debt,  for  Mortgaged  Farms  Operated  by  Full  Owners, 
Classified  by  Type  of  Farm,  by  Geographic  Divisions:  1956 — Continued 


Number  of 
mortgaged  com 
mercial  farms 


Percent 
distri- 
bution 


Percent 
distri- 
bution 


Percent 
distri- 
bution 


Amount  of  mortgage  debt  on  commercial  faxma 


Percent 
distri- 
bution 


Average  debt 
(dollars) 


South  Atlantic 

Field-crop  farms  other  than  vege- 
table and  fruit-and-nut _ 

Cash-grain 

Cotton 

Other  field-crop 

Vegetable  farms 

Fruit-and-nut  farms 

Dairy  farms 

Poultry  farms 

Livestock  farms  other  than  dairy 

and  poultry 

General  farms 

Primarily  crop 

Primarily  livestock 

Crop  and  livestock _ 

Miscellaneous  farms _ 


East  South  Central 

Field-crop  farms  other  than  vege- 
table and  fruit-and-nut 

Cash-grain. 

Cotton 

Other  field-crop 

Vegetable  farms , 

Fruit-and-nut  farms.- 

Dairy  farms 

Poultry  farms- 

Livestock  farms  other  than  dairy 
and  poultry 

General  farms 

Primarily  crop 

Primarily  livestock 

Crop  and  livestock 

Miscellaneous  farms ..     .   .  ... 


West  South  Central ____ 

Field-crop  farms  other  than  rege- 

table  and  fruit-and-nut 

Cash-grain... 

Cotton 

Other  field-crop... 

Vegetable  farms 

Fruit-and-nut  farms 

Dairy  farms _. 

Poultry  farms _ 

Livestock  farms  other  than  dairy 
and  poultry 

Genera!  farms 

Primarily  crop 

Primarily  livestock- 

Crop  and  livestock _. 

Miscellaneous  farms 


Mountain 

Field-crop  farms  other  than  vege- 
table and  fruit-and-nut 

Cash-grain 

Cotton 

Other  field-crop _ 

Vegetable  farms 

Fruit-and-nut  farms _ 

Dairy  farms 

Poultry  farms 

Livestock  farms  other  than  dairy 

and  poultry _ 

General  farms 

Primarily  crop 

Frimarily  livestock.. 

Crop  and  livestock 

Miscellaneous  farms 


Paoifio 

Field-crop  farms  other  than  vege- 
table and  fruit-and-nut _. 

Cash-grain 

Cotton 

Other  field-crop 

Vegetable  farms 

Fruit-and-nut  farms 

Dairy  farms ^_. 

Poultry  farms 

Livestock  farms  other  than  dairy 

and  poultry 

General  farms 

Primarily  crop 

Primarily  livestock ,„. 

Crop  and  livestock .... 

Miscellaneous  farms 


5,801 
21, 315 
1,338 
3,904 
7,912 
9,067 

9,660 


1,033 

'."I.  .120 
14,313 


25, 436 
fi,  774 

18,  478 
1,184 


7,573 
4, 022 
1,  430 
2,121 


5,562 
2,332 
2,555 
675 
1,129 
14,046 
9,116 
8,734 

5,808 
3,917 
2,120 


27.7 
21.4 
9.2 


18.3 
}7.6 


12,835,465 

4,001,868 

698, 927 

1, 046,  673 

2,  256,  268 
224, 130 
810, 025 

1,  655, 219 
776, 863 

3,  702,  612 
1,  470,  589 

610,  287 
70,001 
796, 301 


9,  651,  690 

4, 243,  352 

268,428 

2,  376,  496 
1,  598.  428 

3,332 

60,060 

1,  187,  316 

282,317 

2, 352, 174 
978, 824 
306, 859 
57,788 
615. 177 
454,316 

22,  69B,  446 

6,010,33-. 
1, 920.  86s 

3,  889,  665 
199,912 

53,885 

78,204 

1, 147,  491 

426,  653 

12,891,666 
1,442,943 
505,  494 
71,502 
S65, 947 
547, 269 

19,  oee, 496 


314, 969 
365,  753 
22,261 
35,687 
1, 194, 221 
177,488 

12,  769,  556 

1.  724,  756 

578.627 


9,293,975 

1, 873,  823 

1,  667,  960 

230,  729 

75,144 

66,  310 


844,509 
336,  252 
34,  620 
473,637 
260,  382 


134.6 
280.1 
177.4 
105.7 
167.5 
207.5 
196.6 
85.7 

383.3 
232.6 
179.4 
196.1 


163.6 

118.6 
258.  6 
116.3 
111.7 
45.0 
182.7 
171.2 
119.4 

252.9 
151.2 
155.4 


2,16.3 
332.  7 
210.5 
168.  S 
128.9 
104.0 
185.  3 
98.2 

S48.0 
273.7 

26(1.  7 


581.1 

406.  9 

596.  9 
220.3 
172.4 
60.6 
45.2 
197.4 
121.3 

1, 406.  3 
246.0 
191.  4 
171.5 
309.4 
156.4 

187.1 


158.6 
194.5 
292.5 


366,  674, 000 
69, 310,  000 
72, 352, 000 
225,012,000 
23, 056, 000 
297,  787, 000 
203, 007, 000 
123, 686,  000 

340,  644, 000 
119,857,000 
51,496,000 
7,  545, 000 
60,816,000 
37,  666, 000 

829, 206, 000 

354,  811, 000 
17,  602, 000 
189,751,000 
147.458,000 
213,000 
6, 826, 000 
1 19,  758,  000 
27, 457, 000 

220, 443, 000 
74,  470, 000 
23,213,000 
3,610,000 
47, 617, 000 
25,  228,  000 


1,630,487,000  I  100.0 


744.  725, 000 
232.  880,  000 
499,  455,  000 
12.  390, 000 
7,  512, 000 
7, 758, 000 
104,827,000 
52,311,000 

555,  499, 000 
134,020,000 
56,  694, 000 
5,254,000 
72, 078, 000 
23, 829, 000 


318, 403, 000 
175,237,000 

76, 017, 000 

67, 149, 000 
9, 8S3, 000 

19,  239, 000 
169,  654, 000 

28, 638, 000 

476. 656, 000 
179.681,009 
69, 608, 000 
8, 241, 000 
101.  832, 000 
4, 954, 000 


319, 070, 000 
174,164,000 
119,155,000 
25,751,000 
35,  769, 000 
793,218,000 
311,254,000 
240, 181, 000 

355,  700, 000 
191,473,000 
110,  609,  000 
2,629,000 
78,235,000 
48,683,000 


45.  7 
14.3 
30.6 


100.0 
13.9 


12.129 
27,  780 

12,  201 
10,  542 
17,232 
76.  277 
25,  658 
13,641 

35,263 
18,884 
15,141 
21, 134 
23,  490 
19,  536 

13,  332 


10,302 
2,878 
24,912 
17,  269 
11,  610 

23,  698 
11,503 
11,795 
8,474 
11,678 
25,406 

28,063 

iO,  333 
27,030 
10.  465 
17, 971 

10,  372 
16,929 
12, 037 

36,  539 

25.  J  22 
29.  2.  9 

1 1,  624 

25.  (US 

40,031 
36,  781 

42,045 

43,  570 
53, 159 
31,  659 
22, 461 
24,384 
28,042 
19,  675 


12, 978 
30,  379 
12,054 

46, 199 

57,  366 
74,684 
46,636 
38,150 
31,682 
56,  473 
34,144 
27,500 

61, 243 
48,883 
52, 174 
14,  770 
48.323 
35,483 


91.63 
99.17 
69.13 
99.73 
102.  87 
367.63 
130.  53 
159.  21 

92.00 
81.17 
84.38 

107.  78 
76.37 

130.71 

86.81 


1.16  36 
100.86 
07.26 


75.89 
62.47 
77. 45 
55.53 

72.16 

123. 91 
121.24 
128.  41 
61.98 
139.  41 
99.20 
91.35 
122.  61 

43.09 
92.  8.x 
112. 16 
73.  48 
83.  24 
43.54 

83.30 

103.34 
73.00 
241.  35 
183.59 
443. 96 
539.  10 
142.06 
161.35 

37.32 
104.18 
120.30 
74.68 
98.18 
77.08 

246.  97 

170.28 
111.08 
516.43 

342.  69 
539.  42 

1,134.89 

343.  30 
675.  46 

82.96 
226.73 
328.95 

75.94 
165. 18 
186.97 


363,210,000 

90.854.000 

15,  742, 000 
16, 881, 000 
58,  231, 000 

7,  400, 000 
56,811,000 
53, 626,  000 
32, 813,  000 

84,577,000 

29, 164, 000 

14,  559, 000 

920,000 

13,  685, 000 
7, 965, 000 

247,  207,  000 

110,818,000 
7,338,000 
01,967.000 
41.513,000 
46,000 
1,060,000 
38, 352, 000 
9,029,000 

56, 042. 000 
23, 425, 000 
7,201,000 
1,541,000 

14,  683, 000 
8,436,000 

346,  022,  000 

148,295,000 
39,903,000 
106, 186, 000 
3, 206, 000 
1, 440, 000 
1,  668, 000 
28, 909,  000 
13, 428, 000 

115,945,000 

23,  490, 000 
13,326,000 

1,978.000 
13, 186, 000 
6, 847, 000 

316,  346, 000 

77,  665, 000 
41,  255,  000 

16,  735, 000 
19,675,000 

2, 109, 000 
4,681,000 
52, 642, 000 
9, 283, 000 

122,  768, 000 
44,  537. 000 
16,  705, 000 

1, 937, 000 
25, 895, 000 

1, 660, 000 

686,  608, 000 

88, 115,  000 
56,  200, 000 

24,  795, 000 
7,120,000 
8,  320, 000 

176,978,000 
85. 844,  000 
59,515,000 

105, 975, 000 
53, 197, 000 
30,611,000 
885,000 
21,  701, 000 
8,  664, 000 


26.1 
16.8 
ft) 


43.0 
11.6 
30.6 


1(1.  2 
14.6 
10.1 


2,728 
6,531 
14,  552 
6,778 
3,619 

8,755 
4,595 
4,281 
2,577 
5,286 
4,131 

3,975 


3,869 
5,530 
3,818 

0,025 
3,618 
3,659 
3,617 
3,699 
8,494 

6,938 

5,830 
0,911 
5, 092 
2,708 
3,445 
2,230 
4,669 


7,026 
5,  404 
6,873 
4,376 
4,577 
14,088 


10,256 

10,  257 

11,  703 
9,276 
4,793 
5,933 
8,701 
6,345 

13, 521 
6.353 
5,626 
3,050 
7,725 


11,805 

16,842 
24, 099 

9.705 
10,  548 

7,369 
12,600 

9,417 

6,814 

18,246 
13.581 
14,  439 

4,972 
13,404 

6,242 


28.30 

22.70 
22.52 
16.13 
25.81 
33.02 
70.13 
34.48 
42.24 


23.86 
13.14 
17.19 


26.12 
27.34 
26.07 
25.97 
13.81 
21.17 
32.30 
31.98 

23.83 
23.93 
23.64 
26.67 
23.87 
18.57 


24.67 
20.77 
27.04 
16.04 
26.72 
21.33 
25.19 
31.47 


19.74 
26.36 
27.66 
15.23 
12.51 

16.64 

25.21 
17.19 
53.13 
53.79 
94.74 
131. 17 
44.08 
52.30 

9.61 

25.82 
28.87 
17.79 
24.97 
25.83 

63.11 

47.02 

35.84 
107.  46 

94.75 
125.47 
253.21 

94.68 
167.37 

24.72 
62.99 
91.04 
25.56 
45.82 
32.89 


Z  0.05  percent  or  less. 


FRINTIHS  OFFICE:  l»»J