OCR Text |
Show WVntt-rn Farm Mortjiie. A considerable part of the annual report re-port of the Vermont inspector of finance is given to tlie subject of western farm mortgage loans. The amount of such mortgages held by the savings hanks of the state has increased from Jl.STS.Syy in 187U lo Si.SlMdl in 1680. Investments Invest-ments in cities and towns would proba bly bring up the total placed by Ver nmnt savings institutions to not less than $10,500.0110. The inspector expresses the opinion thai no individual would think of investing as large an amount as the banks do west without personal exam iuation upon the ground, much iea.-should iea.-should those who are charged with the investment of trust funds omit any of the ordinary precautions. Individuals may take risks for the sake of high rates of interest, but safety is the first consid eration with ihe banks. Bradstreet's. |