20 



BULLETli^ 104*7, U. S. DEPAKTMENT OF AGEICULTUEE. 



Table 5. — Prevailing rates of interest on first-mortgage farm loans: Per cent of banks 

 reporting the various rates, March, 1921, by States S'- 



Geographic division 

 and State. 



5 per 



cent. 



6 per 

 cent. 



7 per 

 cent. 



8 per 

 cent. 



9 per 



cent. 



10 per 



cent. 



11 per 

 cent. 



12 per 



cent and 



over. 



United States... 



0.7 



33.6 



25.8 



20.7 



3.5 



9.6 



0.0 



0.1 



New England 



9.0 



80.6 

 71.1 

 42.9 

 87.9 

 86.6, 

 100.0 

 97.4 



9.0 

 23.6 



1.4 

 5.3 





1 





Maine 











New Hampshire 



57.1 

 3.0 

 3.0 











Vermont 



9.1 

 9.0 













Massachusetts 



1.4 











Rhode Island 











Connecticut 





2.6 























1 



Middle Atlantic 



2.7 

 2.8 



97.1 

 97.2 

 100.0 

 96.6 



.2 













New York 













New Jersey 















Pennsylvania 



3.0 



.4 

























East North Central. . . 



1.1 



52.8 

 59.1 

 45.7 

 56.9 

 33.5 

 61.9 



43.6 

 39.2 

 47.3 

 41.6 

 66.5 

 31.0 



2.5 

 1.7 

 7.0 











Ohio 











Indiana 













Illinois 



1.5 



1 







Michigan 









1 



Wisconsin 



3.4 



3.7 







1 











West North Central.. 



.1 



25.8 

 29.8 

 48.6 

 23.5 

 1.8 

 20.5 

 30.9 

 16.5 



36.2 

 46.2 

 42.1 

 36.8 

 14.3 

 33.9 

 34.9 

 37.2 



27.0 

 21.3 

 8.6 

 39.7 

 40.3 

 21.3 

 18.1 

 40.8 



4.7 

 1.5 



6.2 

 1.2 







Minnesota . 







Iowa 



.7 







Missouri 











North Dakota. . 





24.2 

 5.2 

 4.4 



2 Li 



19.4 

 19 1 

 11.7 

 2.9 







South Dakota 









Nebraska. . 









Kansas 

















South Atlantic 





38.0 

 100.0 

 100.0 

 100.0 

 88.2 

 94.1 

 92.0 



2.4 



51.9 



3.2 



4.1 





.4 



Delaware ? 









Maryland... 

















District of Columbia 

















Virginia . . 





5.4 

 5.9 

 4.0 

 1.1 

 1.7 



6.4 











West Virginia 













North Carolina 





4.0 

 98.3 

 80.9 

 63.1 











South Carolina 







.6 



S 7 

 21.7 







Georgia 







7.5 

 15.2 





1.3 



Florida 























East South Central . . . 





22.2 



08.7 

 25.1 



0.9 

 17.2 



8.2 



66.5 

 13.4 

 61.4 

 90. 6 

 94.8 



1.5 



.7 



.6 



3.4 



1.3 



2.6 





.3 



Kentucky 









Tennessee . . . 





4.7 



4.7 



.7 







Alabama 







1.3 



Mississippi 









3.2 

















West South Central . . 



.2 



1.5 



2.9 



34.9 

 25.6 

 83.4 

 22.7 

 39.9 



10.2 

 12.8 



8.3 

 11.4 



8.1 



50.3 

 61.6 

 8.3 

 54.1 

 49.8 







Arkansas 







Louisiana 













Oklahoma 



.5 



4.3 

 .4 



7.0 



1.8 







Texas 















Mountain 





.6 

 .6 



3.3 

 1.8 

 5.6 



34.5 

 13.6 

 45.1 

 32.7 

 50.4 

 21.2 

 47.6 

 53.7 

 75.0 



11.9 

 13.6 

 7.0 

 18.2 

 10.7 

 3.0 

 4.8 

 19.5 

 12.5 



48.9 

 70.4 

 42:3 

 45. 5 

 2.). 8 

 69.8 

 47.6 

 20.8 



.2 



.6 



Montana 







Idaho 









WynmiTip' 







1.8 



1.8 



Colorado 





1.7 



7.4 

 3.0 





New Mexico 







3.0 



Arizona 











Utah 













Nevada 











12.5 

















Pacific 





2.7 



47.0 

 27.4 

 13.4 

 69. 3 



44.0 

 57.3 

 72.3 

 26.7 



1.8 

 4.0 

 3.6 



4.5 



11.3 



7.1 



.4 







Washington 









Oregon 





3.6 

 3.U 







California 



















o Rates involving fractions of 1 per cent are approximated to the nearest unit. 



