62 NOTICES REI.ATING TO CREDIT 



Mortgage Deeds. 



Marks. Rate of interest. 



66,951,200 3 per cent. 



108,859,030 3 14 per cent. 



12,915,690 4 per cent. 



188,725,920 



Mortgage deeds at 4 ^ per cent, were in circulation until 1880 when 

 they were converted into deeds at 4 per cent. 



An autonomous department of this institute, which was formed in 1873 

 and is known as the Kur und N eumdrkische RiiterschaftUch Darlehensk,Jisse, 

 acts — as its name indicates — as the establishment's lending fund and 

 transacts all relevant business. 



* 



* * 



The second institution of which we here have to speak, the Neues Bran- 

 dehurgisches Kreditinstitut, was formed on 30 August 1869. Its promoters 

 aimed at securing the advantages of credit for commoner landowners, as 

 much as or even more than for the nobility, thus suppljdng the gap left 

 by the fiist institution we have noticed. 



According to the rules of 1911 the institution admits all landed pro- 

 prietors not members of the Kur-und Neumarhisches RitterschaHliches Kre- 

 ditinstitut who own more than five hectares (i) of land. 



Its activity extends over all the present territory of Brandenburg and 

 also over the districts which belonged to Brandenburg imtil 1869 and were 

 then separated from it (Osterburg, Stendal and Gardelegen in Saxony, 

 Schevelbein, Dranburg, Saatzig and Regenwald in Pomerania, and Griinberg 

 in Silesia). 



The number of commoner landowners belonging to this institute is, 

 according to the statistical data of 1911, 83,125 — that is 69,476 in the whole 

 territory of Brandenburg, and 13,649 in Saxony, Pomerania and Silesia. 



The following table gives some other noteworthy statistical data — 

 as to the number of properties mortgaged and as to the total debt secured 

 by mortgages from 1875 to 1912. 



1875 



1880 



1885 



1890 



1895 



1900 



1905 



1910 



1912 



(i) I hectare = 2.47 acres. 



