The Globe-republican. [volume] (Dodge City, Kan.) 1889-1910, 1892-02-04
AVERAGES.
A Census Bulletin Regarding
Kansas Mortgages.
Mortgage Debts Commenced to De-
crease After S67-Special lnves-
tigation In Five Representative
Counties-Much Of the Debt Is for
Purchase and Improvement

WASHINGTON, D. c., February 3-The GEN.
sus bureau has just issued an extra census
bulletin, giving additional statistics On The
mortgage Indebtedness of The states of Kan
Sos, Iowa, Illinois, Tennessee and Alabama.
Il shows that the mortgage Indebtedness Of
Kansas is decreasing. The superintendent
of census finds from the Official records Of
Kansas that the amount of real estate mort
cages in force on January I, 1850, was <4a,-
6,S6, Q decrease in the previous year Of
SIC, s55, SO. The superintendent says in his
report: Relative to population, the tend
ency of debt in Kansas was strongly upward
from 1850 to 1sS1 and afeerward strongly
downward, but the downward tendency did
not have the effect of checking the growth of
existing debt in relation to population until
1850, when the relative amount fell below
that of 1888, As well as that of 1889"
According to Superintendent Porter's re-
port the average debt on q mortgaged acre Z
lower in Kansas than In any of the three
western states which be reports In his bulle-
tin, being $3.50, $S.17 and 1857, respectively,
in Illinois, Iowa and Kansas. Kansas also
makes better showing than the other states
IN the average amount of existing debt to
each assessed acre, the average mortgage
debt to every assessed acre IN Kansas being
only $4.O6, while in Iowa it Is $50 and IN
Illinois En-. On each mortgased lot in
Kansas the average debt Is $25a, while
IN Iowa it Is SO1, in Illinois $I65 and in Ala
bama $123. For every assessed lot In Kansas
there IS uortgaged Indebtedness of only
$50, while in Illinois it Is 800. This report
also shows that the average number of acres
covered by each mortgage in force Is 131 IN
Kansas, l16 IN Tennessee, IS - Iowa and s.
III Illinois. The average hun6sf OF lots cov-
cred by each mortgacs N fierce against lots
is 2.1S in Kansas, LIS in Illinois and 2.ue =
Iowa. In Kansas the average life of a mort
gage Is three and one-half years, In Illinois
four years and III Iowa five years.
The bulletin contains some interesting hg-
ures from five Kansas counties as 70 why the
mortgage Indebtedness was incurred, as de-
termIned by personal inquiry. In Decatur
county 30 Per cent. of the original amount of
debt was incurred foc purchase of real estate,
8 per cent. was for Improvements, IL Per
cent. was for purchase and improvements IN
combination with each other, per cent. was
for farm and family expenses, and Is per
cent. was for purchase, improvements, bust
ness and to buy personal property, in combi-
nation with farm and family expenses.
In jefferson county, a per cent. was for the
purchase of real estate and improvements,
per cent. was for farm and family expenses,
and per cent. was for business. In Lincoln
county. 90 per cent. was for the purchase OF
real estate and Improvements, 3 per cent. was
for business, and , per cent. for family ex-
pelses. In Lyon county, 90 per cent. was
for purchase of real estate, Improvements, to
buy farm implements and domestic animals
and to buy personal property. In Pawnee
county, - per cent. wa, for the same purpose.