Extra Census Bulletin No. 49
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In the state, rates higher than 7 per cent are paid by 38.76 per cent of the farm debtor families on 22.70 per cent of the farm debt, by 28.14 per cent of the home debtor families on 19.28 per cent of the liome debt ; in the 16 cities by 30.16 per cent of the home debtor families on 28.21 per cent of the home debt, and in Milwaukee by 2.04 per cent of the home debtor families on 1.87 per cent of the home debt.
The highest rate reported is 30 per cent, which is paid by 1 farm family on a debt of... $275.
The legislature of Wisconsin- has limited the rate of interest as follows in the j'ears named : 1839, 12 per cent; 1849, no limit; 1851, 12 per cent; 1852, 10 per cent for banks until 1860 and 7 per cent thereafter; 1860, 10 per cent; 1863, 7 per cent; 1866, 10 per cent; 1876 no limit for building and loan associations.
Interest charge and average rates of interest. — The total interest charge for 1 j'ear on the debt incumbering the owned farms of the state is $3,671,534, on the homes $1,526,974 ; total, $5,198,508.
What to read after Extra Census Bulletin No. 49?
You can find similar books in the "Read Also" column, or choose other free books by United States. Census Office. 7th Census, 1850 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
In the state, rates higher than 7 per cent are paid by 38.76 per cent of the farm debtor families on 22.70 per cent of the farm debt, by 28.14 per cent of the home debtor families on 19.28 per cent of the liome debt ; in the 16 cities by 30.16 per cent of the home debtor families on 28.21 per cent of the home debt, and in Milwaukee by 2.04 per cent of the home debtor families on 1.87 per cent of the home debt.
The highest rate reported is 30 per cent, which is paid by 1 farm family on a debt of... $275.
The legislature of Wisconsin- has limited the rate of interest as follows in the j'ears named : 1839, 12 per cent; 1849, no limit; 1851, 12 per cent; 1852, 10 per cent for banks until 1860 and 7 per cent thereafter; 1860, 10 per cent; 1863, 7 per cent; 1866, 10 per cent; 1876 no limit for building and loan associations.
Interest charge and average rates of interest. — The total interest charge for 1 j'ear on the debt incumbering the owned farms of the state is $3,671,534, on the homes $1,526,974 ; total, $5,198,508.
What to read after Extra Census Bulletin No. 49?
You can find similar books in the "Read Also" column, or choose other free books by United States. Census Office. 7th Census, 1850 to read onlineMoreLess
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