Extra Census Bulletin No. 37

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The number of mortgages made in 1889 gained 19.40 per cent upon those made in 1880, the amount of debt incurred 33.28 per cent. During the 10 years preceding June 1, 1890, the population of the state increased 1.87 per cent.
In Cumberland county, containing Portland, a mortgage debt of $8,255,762 was incurred during the decade, and in each of 4 of the 16 counties a mortgage debt of more than $5,000,000 was incurred : in Androscoggin county, $5,246,926; in Aroostook county, $5,371,953; in Penobs
...cot county, $6,861,822.
Mortgages on acres. — A debt of $25,073,931 was placed on acre tracts during the 10 years, or 43.37 per cent of the total for acre tracts and lots, and this amount was represented by 47,101 mortgages, or 52.68 per cent of the total number. In the annual movement of mortgages on acres there were fluctuations, but, on the whole, the incurred acre debt increased from $2,205,219 in 1880 to $2,765,225 in 1889. The acre mortgages numbered 4,218 in 1880 and rose to 4,826 in 1889.


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