Western Kansas world. [volume] (WaKeeney, Kan.) 1885-current, 1894-09-08
MORTGAGES.
Extremely Interesting Figures
From the Census.
Gane4G. Manager Frey's UItimatum-Fear-
full orest Fires in Minnesota-Six
Towns Wiped FrightfuI
Estimates of Death Loss.
Mortga S.

MOT ~ dS SS
The census office has given to the public
the principal results of the investigation of
farm and home proprietorship in all the
states and territories This is the first inves-
tigation of the kind ever conducted in any
country.
OF the 12,69O,152 families in the whole
country, almost 48 per cent. own their farms
and homes, and the rest hire. OF the fami-
lies owning farms and homes almost % per
cent. have incum brauces and over 70 per
cent. have no incumbrance. The numbe
of resident owners of land in the United
States is 6,O66.417, to which must be added
any owners who may be living in tenant
families. The farm families number 1876
174, of which 66 per cent. own their farms
and others hire. Of the owning families
over % per cent have incum mbrances on
their farms. In 1880, 1856 per cent. of the
farms were hired.
In the cities that contain over 100, 600 pop
ulation, there are 1,948, 1884 home families,
of which almost % per cent. own and II per
cent. hire, while of the owning families 36
per cent. own subject to incum mbrance.
Bring the urban population into contrast
with the non urban population, almost A per
cent. of 4,224,560 home families living out
side of cities and towns of 5000 people own
their homes and Sc per cent. hire. OF the
owning families II per cent. own without
incum brance.
The value of the 1896. $50 incumbered
1drLnS ana MONIES IS SO,OSl ,ZJO,UOJ, and the
incum brances aggregate 81, 1872, 949, ,563, or
$3.50 per cent. of the value.
OF the incum brance on farms and homes
over p per cent. bears interest at rates less
than per cent; "a per cent at the rate
of per cent; 33 per cent. at rates greater
than per cent. and IL per cent at rates
greater than per cent.
The average of value of each owned and
incum bered farm in the United States is
So, IA. of each incur bered home s., ,250 and
farms is 81, ,224; on each incum bered home
$1.293.
The 886.957 farms subject to incum brance
are worth 3.054 923, 165 and the incum brance
is 81, ,0S5, ,905, $50. or 35.5 90 per cent. of the
value. The 809.923 homes subject to incum-
brance are valued at 81, ,632.374, 844, and the
incumbrarce is $1,046, ,953,603, or 1917 per
cent. of the value.
The cities of 5000 to 100000 population
have 214613 incum bered homes occupied by
owners, worth $739, ,847 ,087, with an incum-
brance amounting to 1892, ,611,974, which is
80. .55 per cent. of the value. In the cities of
100000 population and over, the value of tho
16S, 159 incum bered homes occupied by own
ers is 1894, ,191, 81, and these homes are in
cum bered for $685., ,029, 1873, or for 42. OF per
cent. of their value.
Over "a per cent. of the incum brauce on
owned farms was incurred in buying real
estate and making improvements, and over
SO per cent of the incum brance was for the
purpose of buying and improving real estate,
investing in business. etc. Over 81 per cent.
of the incum brance of homes was incurred
to secure the purchase money and to make
improvements.