Show I. ASP BOOM OF 1950 Farm Mortgage Debt Up 8 Per Cent The agriculture department reported recently the land boom of boosted the farm real-estate debt 8 per totaling at the end of the the rising demand and increased prices for farm commodities led farmers to add to their non-real-estate They borrowed heavily to buy additional equipment and The department said the real-estate-mortgage was only 54 per cent of the record reached In Twelve states have a higher mortgage debt than in the peak year of 1923 These are New Rhode New West North Louisiana and New |