The Iola register. [volume] (Iola, Allen County, Kansas) 1875-1902, 1891-04-03
Debt reduction ana Interest r.yins.

LOT the various counties IN hanSdS
showing the cancellatisnof mortgages.
The following under seal makes a re-
markable showing in favor of the can
collation. Of debts In Labette county,
which we believe to be fair sample for
every county in the state:
FOR 1890:
Number Of chattels released
in the year 1890, are ., 96S,
representing. .s762, 10 s.
Number of ehattels recorded
in the year 1890, are 1,524,
representing. .......... BAT, 655 50
In favor of cancellation. .$4l4, 054 S3
Number of real estate mort
cages released in the year
1890, are ,25S, amounting
to. 1903, 1885 81
Number of real estate mort
cages recorded in the year
1890, is I6I, amounting to
to-. Observation-Disclosures. SOC, $50 So
In favor of cancellation. $ 97,535 a
Total. 5ll.590 o.
FOR JANUARY 1891.
Number Of chattels released
January 1891, are 169
amounting to. 5 1925 Il
Number of chattels recorded
January 1891, are 125,
amounting to........ 4O,9S1 81
Amt in favor cancellat'n. s 1858 80
Number of real estate mort
cages released in January
1891, 165. ...............s $3.50 "a
Number of real estate mort
cages recorded in January
1891, 70 .................. 47,SO7 30
Amt in favor cancellat'n. s. 40,143 o.
Total in favor of cancella-
ton for Jan. 1891. ......... 77,4O6. "a
There have been five releases in this
month by foreclosure. all of which were
city property; two in Parsons, two in
OswegO and one in Chetopa, and not one
on farm property. The total of these
five releases amounts to 81, $50.
FOR FEBRUARY.
Number of chattel mortgages
released in Feb. 1891, 225,
amounting to. .s97, COS. 10
Number of chattels recorded
for Feb. 1891, AS, amount
ing to .................. 47,279.37
In favor of cancellation. $50, 32S.Sl
Number of real estate mort
cages released in Feb. 1891,
amounting to. $50, O51. Al
Number of real estate mort
cages recorded in Feb, 80. .. 80, 296. 90
In favor Of cancellation. .S25, T55. Al
Total amount of cancellation for the
month is 1853, $50, 65, against $77,575.37
recorded; difference for cancellation
S76.084.2S.
There has been but one real estate
mortgage released in this number by
foreclosure; this one represented s., 600.
J. A. FLORA.
SEAL. Register of Deeds.
This is valuable information for the
people in all parts of the country, say
ing nothing about those of Kansas, who
at this time need to be better posted on
the real financial condition of the peo-
pie of this state. No other state in the
union can make better showing. and
with the crop of 1891, which bids fair to
be the best of all, Kansas will be the
banner state of this union.
In his annual report on foreign mort
gage companies doing business in the
state of Massachusetts, Commissioner
Mcpherson says that nearly every
company has suffered more or
less by the partial failure of
crop in 1890. This failure was
very complete in certain limited sec
lions, but the farmers were in meas
ure compensated by good prices for
what they sold. AS result it is claimed
that collections of interest and princi
pal have been more promptly made in
many sections than for several wears
past" Commenting on this statement.
the American Banker confirms the re-
port of the Labette county official as fol-
lows:
''The latter clause of this statement
has just been confirmed by the testi-
mony of an official of one of the best
known investment companies of Kansas.
this gentleman saying that between 50 |
and 90 per cent OF our loans maturing
on March 1st have already been paid in |
full and others will be paid during the |
month. He goes on to say that his COM |
pany never had so little delinqnent |
and taxes since il has been in |
business. The great obstacle which the |
mortgage companies have to contend |
with now is distrust. caused by recent |
failures through reckless management |
and threatened legislation adverse to |
the interests of investors. There is
just cause for criticising the eastern
press for its part in the circulation of |
lnfounded rumOrs regarding the latter.
but the facts are better known at pres
emit, and the danger to the interests of
the companies from that cause is now
greatly lesSened. We are pleased to
notice that the remarks of the Amen-
IAN Banker on 'Radicalism in Kansas
has done much to correct false impress
3ions concerning the potency of destIuc-
i've legislation in that state. kansas
City Gazette.
Immigration Restriction.
WASHINGTON, March 30.-William
Hosea Ballou. resident of New Or