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THE FARMERS' HON.
Volume IV. MEMPHIS, MISSOURI, THURSDAY, iUJCJUSO 30, 180. Number 32. M. Humphrey's Green Front. 10,000 Men, BoysandChildren to call at my Store and examine my Mammoth Stock OP1- Clothing 5 winch 1 have just received, and which has been pur chased under ji prospect of a low tariff and bought the 20vxi9 away DOWN, the equal has never been known in Northeast Missouri. 1 am prepared to sell you GOOD GOODS, Kven below your own ex pectation. Those Caps, Boots, Shoes, Neckwear, Furnishing Goods, AS WELL AS MY lothing Stock, Are all Fresh, New Goods, aud purchased under the re vent decline in the eastern market, and, positively, will lie closed out to make room for another stock, which 1 expect to buy in the near future, even lower than ever if possible. Call early and see me if you wish to Save Money Remember, Old and Young Ladies' Shoes and Slippers a specialty. 1 am yours as ever. M. Humphry, Green Front, "North Side, Memphis, Mo. MORI GAGE INDEBTEDNESS. Tabulation of the real estate mort gage statistics collected by the Census Office for the whole United States dur ing the last decade is now completed andean extra bulletin has just been is sued by Carroll D. Wright, superinten dent of the census, comprising fifteen tables, which gives the chief results of the investigation. The first table points out (juite clearly one of the principal reasons for the lihard times ' from which the country is now suffering. It exhibits the real estate mortgage movement in the various States and Territories, with a summary for the United States during the ten years 1880-188'J. Dur ing that time 9,517,757 real estate mortgages, stating amount of debt incurred, were made in the United States, representing an incurred indebtedness of $12,094,877,793. The number increased from 643.143 in 1880 to 1,220,323 iu 1889 or 90.08 per cent, and the yearly incurred in debtedness increasid from $710,888, 504 in 1880 to $l,75t,503,274 in 1889 or 145,53 per cent. With regard to mortgages on acre tracts, the number made during the ten years was 4,747,078, representing an incurred indebtedness of $4,890, 771, 112. The number of these mort gages made in 1880 was 370,984; iu 1889,525,094, an increase of 42.54 percent; white the incurred indebted ness increased from $342,500,477 in 1880 to $585,729,719 in 1889, an in crease of 70.98 per cent. The increase wa relatively larger in the case of mortgages on lots. They numbered 4,770,009 during the last ten years, and the iudedtedoess incurred under them amounted to $7,198,100,081. From 1880 to 1889 the annual number made increased from 272,150 to 70 1,229, an increase of 157 05 per cent. J hiring this e;ime time the amount of annual indebted ness incurred increased from $308, 322,027 to $1,IC0,83S,555, an increase of 210.80 per cent. During the deeada 022,855,091 acres were covered by 4,758,208 mort gages stating and not stating the amount of indebtnessed incured under them; the number of acres covered j by mortgage in 1880 was 41,743,013; iu j !, u,4i.zn7 in increase or 05.30 per cent. Jn ca of Io(s covered by mod gage the increase from 1880 to 1889 was 198.25 per cent, the number cov ered by mortgages stating and not stating amount of indebtedness ia the former year being ! 29,955; iu the lat ter year, 1.282,334. MOXTGAGE INDEBTEDNESS OK XIX BIT I.IONS. At the end of the decade, January I, 1890, the real estate mortgage in debtedness amounted to $0,019,073, 985, represented by 4,777,098 mort- j gages. These mortgages are divided ! into two classes, as follows; mortgag- j I es ou acres, 2,303,143,031; mortgages j (iii lots, 2,484,037, amount of indent- edness. $3,810,531,554. Number of i acres covered by existinn mortgages. I 273,352, 1 09 ; number of lots, 4. 1 0 1 , 138. It is computed that the average j life of a mortgage in the United ! State is 4,000 years; of a mortgage ! on lots, 4.740 years. The longer life I in the ease of both classes of inort i irages is fouud iu New Knglaud. New York and New Jersey; the short er life in the South aud the newly settled regions west of the Mississippi River. Since mortgages in force were made 12.08 per cent of the original amount of indebtedness incurred un der them has been extinguished by partial payments; in the ease of mort gages on acres, 1J.07 per cent: on lots, 13.25 per cent Tim percentage of partial payments is highest in the m . a a a ?wlv outn ana lowest m tne more ne settled regions. Subject to all difficulties that be-: In the South tUeold parties are sup set any attempt to determine such a ! pressing tuePopulist revolt by fraudu porpoi tion, it appears that the real lent counting of votes. In the North estate mortgage indebtedness iu force they break up Populist meetings and iu the I'uited States is lti t7 per cent I conventions. Nonconformist. of the true value of all taxed real estate and untaxed mines. The mortgage debt in force per capita in the United States is $96; the three larger State averages (omit ting the District of Columbia) are $268 in New York, $206 in Colorado, and $800 in California. The smaller ones are found in the South and the Rocky mountain region. In the Dis trict of Columbia It is $226. In forty-one States 28.86 per cent, the taxed acres are covered by mort gages in force. The largest propor tion of mortgaged acres is in Kansas, where 60.30 per cent, of the total number of taxed acres are mortgaged. Nebraska stands next with 54 73 per cent; South Dakota third, with 51.70 per cent. In the five States, Illinois, Kansas, Missouri, Nebraska and South Carolina, 23.99 per cent, of the taxed lots are covered by mortgages in force. The average amount of Uuut in force against acres to each mortgaged acre in the United States is 8.08; of debt in force against lots to each mortgaged lot, $916; there 119 acres covered by each mortgage in force against acre lots. AVERAGE RATE OF INTEREST OVfctt t) PER CENT. The average rate for all mortgages The average rate for all mortgages in the United States is 6.60 per cent; for mortgages on tuts. 7-30 per cent. These rates make the annual interest charge on the existing real eitttte mortgage debt of the United States amount to $397,442,792; on the debt in force against acies, $J02, 052,944; on lots, $237,789,848. On each mortgage iu force in the United States the average annual in terest charge is $83; on each mort gage ia fovea against seres, 71; on each mortgage in force against lots 95. Six and threc-hundredths per cent of the number of tuoitgages made during the ten years were for amounts of less tua Mj each, while 45.17 per cent of the entire numbo were for amounts of less than $500. 08.54 per cent of the entire number for amounts of less than $1,000, 27.41 per ppnt of the entire number for for amciiuU of fOOJ and under $5,000 each, and 4.0& pe cent of the entire number were for amounts of $4,000 and over. Of the real estate mo: tgage indebt edness incurred in the United States during tits decade, 41.89 per cent was subject to a 0 per ssut ato Qf in terest; 10.06 per cent of the debt in- curre,i was gubject to rates less than 0 per cent; 42.05 per cent of the debt in currud was subject to rates great er than 0 per cent, and J4.41 pet cent of the debt incurred was subject to rates greater than H per cent. The average rate of interest on real estate mortgages declined from 7.14 per cent in 1880 to 0.75 per cent m I889 witu some interruptions to the continuity of the decline in the tMe. The average rate of in terest ou mortgage ou aere deulined from 7 Per cent in 1880 to 7.52 Per cent in 1S89, and on lots from 0.09 per cent in 180 to 0.37 per cent in 1889. A tinaj table shows the objects for which real estate mortgages are made. These were ascertained by personal ! inquiry in 102 counties iu various I parts Df the Union, and in these coun- ties it was discovered that 80.13 per cent of the number of mortgages, re presenting 2-50 per cent of the ori ginal amount of mortgages in force, were made to secure purchase money aud to make improvements when cot combined with other objects, aud that 89.82 per cent of the nuinlier of mortgages, representing 94.38 per ceut of the original amount of exist ing indebtedness, were made to se- cure purchase money, to make im- proreinents. to invest into business, ! anJ to b4iy tlie wore c1lirul)!e ?inds of personal property. Oiiy Olney, attorney general of the Uoited States, says the states have no rights that the national govern ment is bound to respect, mat was demonstrated iu Sacramento on the 16th, when a company of United States soldiers marched in to a dis dnct court room and endeavored to take three prisoners out of the court, who were then being tried for "delay ing mails. The soldeirs did not take the men, however, because the spectators defended the prisoners and the court against the national mob. What is this country coming to, or what has it come to? Indus trial Educator, Fort Worth, Texas. The democrats who said "we want a chance and then if the party does not give relief we are going to leave it," can now be found saying that their majority is republicanized, that they are not true democrats. We told you long ago that there was no difference between the two parties and you have just discovered that it iz Uuo. Don't you think the same kind of republi canized democrats will be elected iu the future? We do. Kven for con gress in this district you have a can didate who says he is in favor of a "parity" and wants England's oonsent to coin silver. Pittstlekl, III., Advo cate. One of the beauties of the tariff leg- islation just passed is the discrimi nation made bv the "reformers."' a w- While the rich are to enjoy the privi leges seemed in their behalf, the mas ses who are the large consumersof ne cessities are to be compelled to pay in increase price for the carpets they will buy in the future. With an ee single to tne inteiests of the "deal people," the duty on carpets has been increased 12 to 15 uer cent. 1 . In consequence, a risu in the carpet market may be anticipated in a few days. Dayton, O., Seutinel. The republicans held power for thirty years, ran the country in the ground and were kioked out for incom petence aud corruption. The demo crats were full power and completed the ruin by following in the footsteps of their predecessors. The absolute necessity of a new deal and a new party is. too plain for argument. Un less the piratical erew is thrown ever board and honest sailors given charge, the Ship of State will get completely wrecked on the breakers of Cape? Trust. Nonconformist. nn-i So long as the management of the Republican party remains in the hands of the present leadership there is no hope for the people for that form of government inaugurated b the raaityr, Lincoln, An era of cor poration set in upon the announce ment of his going out. The Republi can tendrils which reach out into all parts of the country, a band of men who are running politics for what there is iu it. Patriotism is no mo tive to actuate them on. Dayton, O., Sentinel m ii'" -i i " JB jfr1 m ii i 1 1 m 1 1 in i Observe that the northern republi can press is pleased with the defeat of Populists in Alabama and Tennessee and the Southern democratic papers are delighted wheu Populism meets a reverse in tne .ortli. jhese old W18 bate Populism so badlv that they forget to hate each other. It is Populism against the field. Noncon formist The Jvansas state treasury shows a cash balance of $893,430.18. It would be well for the people of Ohio to have a Populist state government for a few years. Heretofore, our balances have been on the wrong side CP of the ledger. Cleveland O.. Forum. J When you can not meet truth aud j logic with any sensible objection, just yell "anarchy and tramp and bloodv i revolution "ani voq will be aoooqnted wise(?) in the estimation of those of the same stamp as yourself. PiU field, 111., Advocate. Every time we make a millionaire we make 10,000 industrial slaves to support him Iowa Populist Memphis College, No Better School in the Land -FOR. Short Practical Courses of Stud Twelve Departments: Preparatory, Normal, xdoouuon, commercial, Actual Business Practice, Penmanship. Stenography, Typewriting, Pen Art and Con servatory of Music. Opens Sept. $10 00 in advance pays tuition for one f 30.00 in advance pays tuition for one rcrsic TTTrricosr. All lessons nrivale extent I In rmnnr , , iiiijin; VB3U1I . OlIA i- u.i.li ir.tr - v .u u v.vii, tcu wccitn. 1 wo lessons ech week, ten weeks. BOiLRD FOR The people of Memphis have kindlv opened their homes to the students of .Memphis College and will accommodate them with the best of rooms nicely and neatly furnished, and board at the exceeding low prise of $ 50 jer week. rui particulars ami catalogue, address, J. W. BENCE, M. S., A. M., Pres., Mm HK PALPITATION OF THE HEART. 5hortness of Breath. Swell ing of Legs and Feet. "For about four years I wan trou bled with palpitation of the heart, snortness or breath and swelling of the legs and feet At times 1 would faint. I was treated by the best phy sioians in Savannah, Ga., with no re lief. I then tried various Springs, without benefit. Finally I tried Dr. Miles' Heart Cure WwM continued taking them and I am now In better health than for many years. Since my recovery I have gained fifty pounds in weipht. I hope this state- ment may be of value to some poor sufferer." E. B. SUTTON, Ways Station. Ga. Dr. Miles' Heart Cure is sold on a nositir. guarantee that the first bottle will benefit. ! All druKglst sell it at SI, 6 bottles for IS. or it will be sent, prepaid, on receipt of nrica by the Dr. Miles Mwlj.-al Oo., Elkhart. W pcocEu so mm WlthallbadeonMqaeccea.ltrBBSvary.lOMOf eEMjry. nrrvom ex item, t, i ervuut debility. BBEt ural diachaigN Ivttmaohood, dnpoadcaey, antt 9 ft tommy, wtrning wvoltb organ. cvrU.nl ma jpid'y cored fcy jfo and ea-y method . Cam pofil; ,wu teed, y uet .on If .auk and Book frw. Call or wrtta DR. WARD INSTITUTE. 120 N. Ninth St. ST. J0U1S. HO BDPTDBl cub: T Una all rari ties of Rupture enables us to fuarantee a poflUTe cure. Question UlAoS ana look tree. QUarwTlte, OS me street. cos OLIC IN HORSES. GUARANTCKD. k on hand. U aaay mwt tho Ufa of i valuable animal On paekaga vtl cure eight to ten aaaii. Mas SMS Seal by mat o- eipraai, Oar Ac cwaot Book, w nt Itouk. w ich cMtalnakiatat. bie kreprra, malkd nam. ota Die B. The Old Reliable Established 38 rear. married or single. In GUARANTEED. Board end furnished whan desired. Qt and Book free. Can or write. Pianosw,ifcSSsOrgaDs: DR. DOI mw mm IS v, Scientific, Literature, 11th, 184. term of 10 weeks, except year of 40 weeks. ttlUSle, g" ----- mmmmm . . ' i p.. ' .... IS uw STT73DE3STTS. Memphis, Mo. FARMERS' EXCHANGE :b2t:k: CP Memphis, - Missouri. o H. G. PITKIN. Pro-ldeat. A. H. PITJCIN. Caalilt r. Paid op Capital, $25,000, H. O. PlTKIW. " A. SlMOIf . A. H. Pituw, Wm. UmtMTi, J. 8. PlTSIW, " Directors. o Does a genera! bankinjr business Buy jf.MHl negotiable mmer' Special attentkm slrVtaSuMHiMa rur-v .un,MK AND WMcST ' jy Northeaat Corner Poblto Bquar. jameTe. pulliam, Blacksmith, SHOEING AND REPAIR SHOP. 'RPllri Satly ail ProiDtiy One j T ,k . ,. 1 n,ake a PeHv of 1 "tt.. ! -"-ORSESHOIN Q"- ! I c, ... . j ou"P ooumeasi Lor. Square, old erk Ill's Stand. Memtihie Mr. J. M. Kloetzer, MEMPHIS, MO., First Door west of the Citiaun s Bni.k building, invites the pahl e to t ail on him when wanting to buy HARNESS, SADDLES, Halters, Bridles, Whips, &c. The stock is new and the fowett possible price asked for good good. The country trade especially solicited. femaJTWlls. sUi bv Brown & I,,W9on- Mnp-i e.! fiilpeaat.ee. TrtataaaM aaaaaenaW. Cue Ter u low. am. WANTED. jaw wiaanrwrnn. wmmm