The Sedalia weekly bazoo. [volume] (Sedalia, Mo.) 187?-1904, 1892-08-23

and increase OF 137 81 per cent since
1880, and Jackson county has . pop
u:ation of 17O.510. an increase Of
81 81 per cent since 1890. These
cities have q great influence upon the
mortgage statistics of Missouri and
have largely determined the charac-
ter OF the mortgage movement within
the state.
In the city of ST. Louis there was
an unbrokcn increase from year to
wear in the amount Of mortgage debt
placed on lots during the ten years.
The amount of this incurred debt in
1880 was So, 912,0 26; in 1889 it was
s1S, 6SS, 495, by far the largest an
nual amount. For the decade the
total was s109. 945, 500, represented
by 42,164 mortgages, incumberirg
1881 los More lots were incum-
bered in 1889 than in any other yerr,
the number being IL ,092.
In Jackson county the total in
CURED lot deb: for the decade was
sl25, OS5, 731. There was an annual
INCREASE from 1880, 566 in 1880 to
81, 1926 313 in 1886. then n marked
increase to $40, O95, III in 1886 and
to $50, 046, 476 in 1887. In 1888
the amount f-lIlto $50 1O9, 905. and in
1889 increased 10 S24. 0S7 ,224. Du-
ring the ten years "a 931 lot mort
liz ,ges we're made. and the hiahest
number in any one year was 20, 4S9
in 1887. During the whole prrioi
III 1888 lot. were ircumbered in
1887, 80, 0S3 lots, the highest annual
number. Tue details for st. Louis
city and jackson county may be
found in table 1.
| PERCENTAGE OF DEBT.
The real estate mortgage debt iu-
Gu rel in the city o. st. Louis d in
jackson county during the lie year,
was 30 II per cert Of the tnial il
CURED in the state; the lot debt 1907
per cent of the total lot deb, iacurred
in the state.
In ST. Louis G iy the existing d-b.
lis SIl, 1893 66S; in J csS'u unity,
ST. ,406, 96S The d-bt III this ely
and the country is % IL pr cent al
tn mortgage debt of the state, ami
they conttin % 50 per cent III III
sta'e's popu alton
| The pr entage of estim tt true
value of all xed real estate represent
e / qe he de.t IN force is 16 ID; per-
cenlage OF estimated ir value OF a |
xst ace s r-presenie ~ The debt IN
debt in force agai"ei acres, II 81;
percent 20 ct csiimrted tue value at
all taxed i,lts represent d nv tn, dent
IN force agains; / t., II 81; percent
age of the total number OF take.
acres represented by tie rumblr of
IN irtg icei ceres, %, Il; percentage pi
the tpIai number of taxed l.t., reps, =
scented lay tie numher OF moGtgased
lots. 1898; percent &c Of estimate
true value of mor'gIged acres repre-
nted nv the q, BIT in force pg int
acres, 1881
AVERAGES OF INDEBTEDNESS.
Average amount If debt in fur,e
PER assessed acre, 80 II; average
amgunr of debt IN force per morigag
ell acre, $40 OF; average value OF eaca
mHr-a.ei acre. Sl7 II; averags
smout If debt in force pr assesse
lot, 500; aversge number Of acres
covered by each mortgage in force,
against acr,s, SOS; average am unit o:
deb! t. each mortgage in f"rce, ST.
lis; average sm;unt of debt To each
mortgage IN force against acres, 1856;
Average amnunt IF debt t. each
mortgage in force az inst lots, 81 go
average eStlm ited true value OF rc.l
estate covered by each mortgage in
force against acres,Sl, 6S3.
SOME DEDUCTIONS.
OIe Of tn, prominent results of
this investigation in Missouri is the
conclusion that % IL pr cert f The
numb Of taxed acres in the State
are mortyagsd snd thtt in TIE in
cumbranc- is So 81 percent of the
estimated true value Of the morgta.-
ed acres. The iuhuerce of S.. LIui>
City and Jackson c ,unty On the re,
suits for the State appears in III,
following statement for the 5 ute,
not including the city and count,
named:
Percentage Of estimated tue value
Of all taxed real estate represented by
the debt in force, IL 10; percentage
of estimated true value Ut all taxed
acres represented by the debt in force
against acres, - So; percentage of
estimated true value of all taxed lot
represented by the debt in force
against lois. 1908: percentage OF the
total number of taxed acres repre-.
sented by the number of mortgages
scroa Ok %. novcenteuo of Tho ,nsal