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Thursday, 20 June 2019

William Powling's List of Mortgages

Powling Mortgages 1903

Some analysis is required to put the Pound amounts into current Dollar terms.
The 10,681Pounds is now equivalent to $ 76,689,580 using Measureing Wealth's formula of one 1903 pound equivalent to $7,180 .
Interest rates  charged vary from 5% to a top rate of 10% averaging round 8%
William Powling's total estate was 29,084 Pounds including Real Estate,Mortgages,furniture shares and rent,converted to 2018 dollars is $208,832,120.00 an incredible sum .








                                             Total 10,681       1903 Pounds
























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