66 ITALY - CKEDIT 



for amounts varying from 20,000 to 500,000 frs. and 2 for a total of 

 1,470,000 fis. for amounts of about 500,000 frs. and 1,000,000 frs. 



Finally, with regard to the date of repayment, 116 loans of a total amount 

 of 7,549,000 frs. were for a period of from 46 to 50 years ; 72, for an amount 

 of 1,110,000 frs. for from 10 to 25 years, and 44, for 2,638,500 frs., for a 

 term of from 16 to 45 years. 



Adding to the loans granted in 1912 those for the preceding years 

 beginning with 1867, we find that the Institute had granted altogether up 

 to December 31st., 1912, 5,282 loans for 215,923,500 frs. 



I/astly, the Monte dei Paschi of Siena granted388 loans on mortgage 

 in land bonds in 1912, for the amount of 11,322,500 frs. Adding to these 

 51 loans in cash for 2,632,700 frs., concluded, that is, according to the rules 

 of common law and not of the special law on land credit, we arrive at a 

 total of 439 credit on mortgage operations for a total amount of 

 I3>955.200 frs. 



* 

 * * 



In conclusion, the seven above mentioned land credit institutes, work- 

 ing in Italy, in 1912, granted, loans on mortgage for an amount of about 

 76,400,000 frs. 



