MORTGAGE STATISTICS 



Fluctuations in Mortgage Indebtedness between 1901 and 1911. 



Year 



8 "S 



00 s 



SJig 

 Si-' 



o sa<n 

 ti o 



S fS 5 



Average 1901-05 

 » 1906-10 

 > 1911 



Number of Mortgages Registered or Cancelled. 



Amount of Mortgages Registered or Cancelled (in thousands of Crs.). 



Average 1901-05 

 I 1006-10 

 1 1911 



168,532 



196,288 

 221,134 



297,737 

 463,145 

 806,128 



As we see, the increase in mortgage indebtedness in the above men- 

 tioned eleven years was very considerable and even more so as regards the 

 amount than the number of the mortgages. This shows that a great 

 current of capital is flowing towards investments in average sized and large 

 holdings. 



We must, however, bear in mind that the above figures show an in- 

 crease in the mortgage indebtedness in excess of the truth, as many of 

 the mortgages paid ofi and all the annual instalments paid are omitted 

 from the Ust of cancellations of mortgages. 



