Daily tobacco leaf-chronicle. (Clarksville, Tenn.) 1890-1895, 1890-11-19
CENSUS FIauRts.
A Brief synopsis Of the Contents Of BuIie.
tin No, IA.

issued by the census once. Within a
few days supplemental bulletin viii
be issued, showing the same facts in re-
lation to remaining cities of this size
This, with the one published Monday,
will represent about 80 per cent. of the
municipal debt Of the United States.
The general results for the S5S cities
and towns considered are as follows:
The bounded debt for 1890 shows an in
crease of s per cent as compared with
1880; on the other hand, the floating
debt has increased II per cent; the in
crease in the total debt in the ten years
is per cent The amount invested in
sinking funds has increased 2S per cent;
the cash in the treasury has increased
81 Per cent, and the total available re-
sources have increased 90 per cent. since
$780,
In 1853 cities and tows, in which the
debt is In excess Of the resources, there
has been q decrease of per cent. in the
debt since 1880. In 12 cities and towns
in which the resources are in excess of
the debt, there has been an increase in
resources of 1.1S4 per cent. in ten years
The annual interest charged in 1890 was
s per cent. less in amount than it was in
1880.
isfactory and gratifying one During
towns represented in the returns, by
reducing their debts or increasing their
resources, have bettered their con-
dition financially to the amount Of $45,-
770,019.
The New England cities and towns
have reduced their debts 81, ,439, ,539, and
have increased their resources by $1lS,-
69l making joint gain Of $685.
430
The cities and towns in the middle
states Including Maryland and the Dis
trict of Columbia) have reduced their
debts %46 322,7ll and have increased
their assets by the sum of ST 1924 ,499,
making the joint improvement in their
financial condition S47, ,547 ,2l0.
The southern cities and towns have in
creased their debts by $3,577 ,348 but
have increased their resources by $780,
697; their. net increase in debt is ex-
pressed by $3, 156,G51.
The western cities and towns, like
the southern, have increased both their
debts and resources. The increase in
debts amounts 10 $12,656, ,078, and the
increase in resources to $11 ,531 ,695; the
net increase in debt is 81 ,124, 393
The cities and towns considered in
the territories have increased their debts
by $50, ,517, and have increased their re-
sources by $1,000; the net increase in
debt is $41577
The gross debt in 1880 was 1896, ,494,-
TAI; the assets were valued at $194, ,343,-
79e, leaving a net municipal debt for the
cities and towns considered, of $501,-
150,959.
The gross debt in 1890 was $745, ,949,-
7S6; the resources amolnt to 1890, $685.
SIG, giving net debt of 1856, 1878, go
These figures show decrease as be-
fore stated, of S45, III 019 in the net
debt, which is a reduction of 9.13 per
cent. in the net debt of 1850
OF the total debt of $745, 900, 1856, the
sum of $720 $50, ,551, or 96.6t per cent. is
bonded, while %25y 1854, ,235. or $50 per
cent is floating debt.
Of the total available resources, or
$3.50, ,575, SAG, the sinking funds represent
S14I 181 ,191, or 5065 per cent, while
SAB, 394 ,G55, or 1895 per cent. are in
cash Vi other available resources. The
total available resources represent 1896
per cent. of the gross debt, leaving Clos
per cent. for future liquidation.
Not. only has a substantial reduction
been made in municipal debts since
1880, but a reduction of $3, 045, ,740 in the
annual interest charge is shown by the
tables The gain has been principally
in the cities and towns in the middle
states which, as previously shown, have
reduced their debts materially.
An examination of the annual inter
est charges, as compared with the gross
debt at interest, discloses some interest
ing comparative rates Of interest in the
different sections of the country. In the
New England states in 1880 the annual
interest charge represented 4.75 per
cent of the gross debt; in 1890 the rate
had fallen to 4. 10 per cent, a decrease
of go per cent.
The middle states, the rate in 1880
was 5O.5S per cent; in 1890 the rate had
fallen to 4. .36 per cent, q decrease of .22
per cent.
In the southern states the rate in 1880
was 4.9t per cent. it had risen, in 1890,
to $3.50 per cent, an increase of 0.65 per
cent.
The western states show an average
interest charge of 5.79 per cent. in 1880;
in 1890 it had fallen to 5.5per cent, a de-
crease of 0.28 per cent.
Tie territories in 1880 paid an average
interest of 1852 per cent, this had fall
len to 7.0S per cent. in 1890, or decrease
of S.74 per cent.
The general average for the United
States in 1880 was 5,41 per cent; in 1890
it had fallen to l. SO per cent, a decrease
of 0.7S per cent.
OF the SjS cities and towns consid-
cred, in 1880, there were 779 in which
the debt was in excess of the resources,
and seventy-nine in which the re-
sources exceeded the debts.
In 1890 there We're 746, q decrease of
thirty-three, in which the debts exceed
ed the resources, and liz, an increase
of thirty-three, in which the resources