for approval as collateral for bond issues-Continued TABLE 18.-Details of loans submitted to the Federal Farm Loan Board by the Federal land banks from organization to December 31, 1927,

TABLE 19.-Purposes of loans by the Federal land banks submitted to the Federal Farm Loan Board for approval as collateral for bond issues from organization to December 31, 1927, classified by States

Average amount loaned per acre

Average

value of
lands

per acre

TABLE 18.-Details of loans submitted to the Federal Farm Loan Board by the Federal land banks from organization to December 31, 1927, for approval as collateral for bond issues-Continued

$25.93

$45.60

223, 549,592

20.92

42.20

222, 138, 075

15.35

32.37

4,753, 584

285, 455, 331

72,933, 394

358,388,725

28.60

60.05

10, 618, 604

278, 367, 567

89, 430, 722

367, 798, 289

12.30

26. 22

4,387, 451

234, 372, 396

40, 630, 023

275, 002, 419

24.40

54.66

438, 839, 844

24.30

48.87

64, 347, 866

515, 979, 028

21.32

54.82

10, 414, 497

237, 276, 122

49,908, 974

287, 185, 096

9.96

22.78

59, 620

190, 237, 061

159, 301, 099

14,984, 353

63,393, 411

412, 313, 538

10.63

23.29

16, 399

70, 625, 881

Spokane..

38, 260

137,904, 431

TABLE 19.-Purposes of loans by the Federal land banks submitted to the Federal Farm Loan Board for approval as collateral for bond issues from organization to December 31, 1927, classified by States