BOSTON PUBLIC LIBRARY 3 9999 02358 708 0 .-'>>.;■. §888 685 . ■:- -. ■;.•■•: '::' ■'' | §88 ■ ". ' f *5^w J] 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 _ . . Page 9 10 10 10 10 10 10 10 Page 6 13 14 14 15 17 41 53 65 65 67 67 68 70 71 72 74 75 76 77 79 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 15 |.S*»£ 'TTt • ua — 3 > 03 §•§ S Sioc^^^ oS-aci"^.^ ^ — Soo^^" ^t-ow--^^ coco^.-o^^ ^="C»c- "^"t^0 uVo«C)C~ cNii'Siu Pi-TMC;^ Ci '-D -r :C ^J ^ Ol'-r^Cj^ — I- '- -*• ."O >0 CSVMO :S?i!S T?"T lass 16 FARM-MORTGAGE DEBT 11 a «t-»„„. 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"^ P " |ZZZ IZZZ lg,£Z IZZZ < „ £a H ooo ooo ooo 000 in a> l| ooo ooo goo 000 a 8 §> °1 1 sis??? ssl?<< SS§5=c5 c-io-;m: ui-io^^-* 2 £-13 "SZZZ » 1 zzz 1 1 1 -zzz Y^zzz o2 ■3 Ph w*_-^- 1 1 -w^>_- o ■a £ 3 NNNOn Mtoro OCOCD Sf2^o« ooeq orooo §§! ^nooao ■rj 1 S53f§!§!!3 2g"s"53S fes'sS?? cooSoSS" SSS'3h?5 s'gs5?3 a < Noaoia ^.""ZZZ """.ZZZ ".".".zzz "'^.ZZZ S N .2 a J. meOTHrtrt K"° N 1 ,« CO T™ TT s .a O ^3 oooooc ~.OCS-.~ — O.O0CO 000CC)C: -,eoo^> fl, 1 OOOOOC uiorf^^< ^oitd^- -. <3::-s -<-.-d (h l-io oooooc fflo>mco»o ^.-..nt-r-ot- oooooc ;«t- 0000c jjOOCCCN-CN ooo ooc Z™""™" a z < Ph"3* O^WfflNC -CCMWOIN ffl^OKCCCy COCOCDC^OS^ O -o ro -< O OHOMCV1 « | SSSSSS Sof™"m"""S < c-f ^.-oo-N-oc u zssssg < 2 s 8 < ■g gcDgjOO^C -| igiS13§«c O O "^ O "O O a a S a "-r S 3 c -a a (0 a §,"= 1 3 g's§ : CO ~8s. : s ^ II 1 2 •d l_ 'a' ^■E | w ,|I |§|S ,§ I ?,r a f DO hi SH I'll O & § I £ 1 FARM-MORTGAGE DEBT 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 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 (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. 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