The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1894-08-31

gave to the puDIlc To-Day the pFiuCipal Ao
suits Of the investigation Of the farmer
home proDrietOrship in all the states ana
territories. This is the first investigation
of the kind ever conducted in any country.
In 1890, of the 5000. 900 families in the
country, almost 40 per cent own their farms
and the rest hire.
or the families owning farms. almost y
per cent have membranes, and over -
per cent have no incumbrance.
The number of resident owners OF land
in the United States is 6,0GG All, to which
must be added any land owners who may
be living In tenant families. The farm
families number 4,676 IA. of which GO per
cent own their farms and the Others rent.
OF this number 81 per cent have incum'
Iranues on their farms. IN 1850 - 30 per
cent of the farms were hired. Ia the cities
that contain over 10000 population there
are !, 94S 2Si home families, of which almost
% per cent hire, while of the owning TAM
lilies. IS Ger cent are subject TO 1ncum-
brance.
PEE CENT OF HOME TENANCY.
Among the cities having 100000 popula-
ton and over, New York has the highest
percentage of home tenancy, nearly o0.5;
Boston is next with 81. 81 per cent; Brook
lNn Inlru WIN Off. Jersey NiA9 Ct'-O PNA
cent and Cincinnati S0.S2 per cent. Inc per
centage for Baltimore is 73 81; Buffalo 10 u;
Chicago Il -: Cleveland 70 30; Denver
20 50; Minneapolis IS Sc; New Orleans
1881; Philadelphia, Il a; st. Lonis 49, %;
St. Paul, So so; San Francisco, 1916, and
Washington, "A So The smallest percent
age is 81. representing Rochester, y. \.
Bringing lie urban population into con-
trast with the rural population, almost A
per cent of the home families living out
side of cities and towns OF :, 900 people,
own their own homes and ~ per cent of
the owners have no iucum branceS. The
value OF 1896, $50 incumbered farms
and homes Is s.. 6o7, 296 O69.
INCUMBRANCE on HOMES.
OF the membranes on farms and homes
over % per cent bears interest at rates less
than per cent; 81 per cent at the rate
of 6 per cent: 80 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
incumbered farm in the United States. is
S. 444, of each incumbered home $3.50,
and the average lncum brance OF each OF
the farms is l,224; on each incnm-
bered home $l295 The $780,
957 farms subject to incumbrance
are worth IS O54. 923. 1G5, and the incum-
brance is s., OS5, 995. 900 or 81. % per cent of
the value ST the 500, 1888 homes subject TO
membranes are valued AT s. 632, 314. 9O4
and the incumbrance 81, 046, 953, COS, or 1917
per cent of the value.
The cities of 5000 to 1000 population
have pa, 6l3 incumbered homes occupied by
owners, valued: at ST39. GAG, 0S7, with an in
cumbr8nce 1902 Gil, 914. which is 80. 90 per
cent of the value. In the cities of 100, 600 pop
ulHtion and over the value of los, l59
incum bered homes occupied by owners Is
1894. 1851. and these homes are incum-
bered for 1898. 039, 1913, or for 42.07 per cent
OF their value. In the country outside of
cities and towns of 5000 people and over,
the value of $4,000 homes occupied by
owners i 1858 337, COG, and the incum-
brsnce is sol, III. 900, or 6070 of the value.
AVERAGE VALUE OF EACH HOME.
In the cities having at least 100, 900 popu-
lation. $500 represents the average value
of each home owned and incumbered
New York has the highest value
SIS, 200; San Francisco second, 81, 1913: Brook
iyn, third with $7.349; Omaha, fourth with
s.. l79. and Washington fifth with s., 0i5.
The annual interest charged on each owned
and incumbeTed home in these cities is
1874. The highest amount Is New York,
S43S, ard the lowest amount S33 in Louis
VILE. Denver has the highest average rate
of interest on the lnCum brauce on
owned ana incumbercd homes, namely 81
and New Orleans Is second with Z Sc pr
cent. New 1oEh mas TIE lowest rate, 1. 70
per cent, and Boston stands next with II
per cent. Over * percent Of the incum-
brauce on owned farms was incurred in
buying real estate aud making improve
menjs and over So per cent Of the incum-
brance WAS for the parDose of buying and
improving real estate, Investing in busi-
ness, etc. Over 81 per cent OF the incum-
brance OF homes was incurred TO secure
the purchase money and TO make improve
mentS.