Rensselaer Republican, Volume 24, Number 44, Rensselaer, Jasper County, 30 June 1892 — Interesting Figures from the County Recorder. [ARTICLE]
Interesting Figures from the County Recorder.
Last Friday Recorder Antrim completed the statistical record of his office, for the State Statistician, of trans- - actions for the year ending May 31st, 1892. Below are ’some, qjf the figures from the report: Warranty deeds recorded during the year, 877; Considerations of same, $^,143, 23Q. Executors’ administrators’ and guardians’ deeds 19; Considerations tn,450. Sheriff’s deeds, 7; Considerations $1,916. Auditor’s deeds, 4; Considerations $l,lBO. Tax titles, 29; Considerations $289. « Total of deeds 936. . Total Considerations $1,164,045. No account was taken of quitclaim deeds although in many of these, titles were passed and they represenTimthe aggregate, a sum during the year. The figures in regard to mortgages are here given: />>, . Number of real es te mortgages 444. Amount indebtedness represented $4&0,228r- * w Total satisfactions of real estate •? mortgages. 427. Amount of, indebtedness pakV H'presmted by same, $625,724. Number of School-fund mortgager, 19; Amount represented by same, $4720: ' , Number of satisfactions of same 14; Amount represented in satisfactions $4,220. Chattel mortgages, 171; Considerations $41,030. Chattels mortgages satisfied 184; Amount of satisfaction $42,311. Mechanics’ leins filed,' 22; Amount of same, $10,433. 'Mechanics’ leins .released 32; Amt. of leins released, $11,531. , The total amount of the indebtedness incurred during the year, as represented by the real-estate, schoolfund, chattel mortgages and mechanics’ leins, is $506,412.
The total satisf actionr of the sain e is $383,786. Total net increase of indebtedness as shown above $122,626. No showingis made in the above of the large amounts that have been •paid in partial payments of notes secured by mortgages. Those, if shown, would, no doubt, more than balance the net increase of _ mortgage , indebtednees, incurred during the year. 1 The paying off of mortgages is always a sign of prosperity, but the incurring of mortgage indebtedness is not always, nor, indeed, as a generrule, the reverse of that, or a sign of general adversity. Hi point of the far greater part of the realestate mortgages recorded in this 4*)
during the year were to se- : cure the purchase money of | fiarms or residences bought. Of the ! rt&ainder, much of it was incurred li building bouses or otherwise improving property already bought, and some was in the way of re-fund-ing. »t| lower rates'of interest, debts ! incurred in previous years. It is not an in dication of bad times when people are wiling to buy farms or to build houses and go in debt for part of the cost of the same. Rather, it indicates that times are good now, and that people have faith that they will continue to be so, in the future.
