People's Pilot, Volume 2, Number 53, Rensselaer, Jasper County, 23 June 1893 — Pennsylvania, Too. [ARTICLE]

Pennsylvania, Too.

Pennsylvania has a per capita mortgage indebtedness of 8117, and in this respect stands high among the other states whose mortgage statistics have been tabulated, as appears from the following comparative statement: Alabama Missouri $Bl Connecticut lu7 Nebraska 128 Illinois 100 New Hampshire.... 50 Indiana 51 Oregon 73 lowa 10< Pennsylvania.. 117 Kansas 170 Rhode Island 108 M tine . T-’nneasee 23 Massachusetts Hi Vermont 81 In the ratio between the debt and the estimated true value of all taxed real estate Pennsylvania is represented by 18.91 per cent., and compares with other states as is shown below: Per cent Fw cent. Alabama. 1 trtl Missouri 14 15 Connecticut 30.14 N-bnskn 24.58 Illinois. 14.' 6 New Hampshire... 11.81 Indiana W7w Oregon 8.11 lowa 17.81 Pennsylvania 18.91 Kansas 88.13 Rhode Island .... ..12.13 Maine Tennessee 8.87 Massachusetts... .19.42 Vermont .19 21 In Pennsylvania the average rate of interest on the existing mortgage debt is 5.60 per cent., and from 1880 to 1889 the rate on the Incurred debt declined from 5.87 to 5.65 per cent.