Rensselaer Republican, Volume 20, Number 13, Rensselaer, Jasper County, 1 December 1887 — Farm Mortgage Investment. [ARTICLE]

Farm Mortgage Investment.

Some interesting figures are published’ which show to what an enormous extent eastern capitalists are loaning money on real estate in the Weat. It is computed that at least sl,-500,000 are “sent west every month, from Boston, for invest neat in farm and city mortgages while the savings-banks and in biir.ince companies o! some of the New England states have enormous sums placed in the s<itne sort of eeeuri ties. So far the busincss’Eas t>een carried bn with a stoniehipgly email losses.