Extra Census Bulletin No. 62

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Objects of indebtedness. — Investigation of the reasons why farm and home indebtedness was incurred discloses the fact that 38.64 per cent of the farm debtor families of the territory incurred 37.88 per cent of the farm debt for the purpose of buying real estate and making real estate improvements, when these objects were not associated with other objects, and that for the same objects, in the case of homes, 53.19 per cent of the home debtor families incurred 52.69 per cent of the home debt.
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...e objects of real estate purchase and improvements, business, and the purchase of personal property, when not complicated with other objects, led 54.58 per cent o£ the farm debtor families of the territory to incur 60.33 per cent of the farm debt, and 78.72 per cent of the home debtor families to incur 93.65 per cent of the home debt.
Farm and family expenses, standing alone, are represented bj' 23.90 per cent of the farm debtor families of the territory and 3.43 per cent of the farm debt; family expenses by 14.26 per cent of the home debtor families and 2.38 per cent of the home debt.


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