Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-09-05
oun CAMPAIGN OF EDUCATION.

SANDER
OUR CAMPAIGN OF EDUCATION.
The principal results OF the inyesti-
CATION OF farif and home proprietor
ship has been given to the public by
the census office. 1t appears from the
statistics gathered In the report Just
Issued that OF the 1860 1862 families in
the whole country at the date Of the
investigation almost 40 per cent. owned
their farms and homes or the FAM
lies owning farms and homes almost
2s per cent had membranes and AZ
per cent. had no incumbrance. The
number OF resident owners OF land in
the United States was 6O66,l17. 10
which must be added any land own
ers who might be living in tenant fam
HES. The farm families numbered 4.76T,-
17O, OF which GO per cent, owned their
farms. OF the owning families over -
per cent had membranes on their
farms. In 1850 1856 per cent. of the
farms were hired. In the cities COM
tanning over 100000 population there
We're 1.9is.s34 home families. OF which
almost % per cent. owned and n per
cent. hired. while OF the owning fam
Hes IS per cent owned subject 10
incumbrance.
OF the 1.Ga6.s9O lncumbered farms
ana homes the total value amounted 10
s.. GS7 ,2gs OG9. and the ircumbrances ug-
gregated S2.I3e, 9i9,5 G3, or $3.50 per cent
OF the value. The SSG,957 farms sub
iert to REMEMBRANCE were worth So
0ji923. 1876. and the incumbrance was
Sl,0s6. 905 800. or 1855 per cent. OF the
value. The s0g,933 homes subject 10
incumbrnnce were valued at S2632,-
g7l.00i. and the incumbrance amounted
TO sl,0i6,0 b3 603. or 397I per cent, Of
the value In the cities having at least
100000 population, SJ55j represented the
avcyage value OF each owned and in-
numbered home. The annual interest
charge on each owned and incumbered
home IN these cities was Sl34, the high
est amount being t43s, In New York
and the lowest amount $685. In Louis
vile. Denver had the highest average
rate OF interest on the incumbrance
on owned and lncumbered homes,
namely 1857 PER cent; New orleans
was second with 7.S6 per cent New
York had the lowest rate, 1876 per cent,
and Boston stood next with bl4 per
cent over "A per cent. OF the incum-
brance on owned farms was Incurred
In buying real estate and making i'm
prOvcmenta, and over SO per cent. OF
the incumbrauce was for the purpose
Of buying and improving real estate,
investing In business. etc over 81 per
cent OF the incumbrnuce on homes
was Incurred 10 secure purchase money
Ind TO make improvements.
The Interstate commerce commission
has just issued its sixth annual re-
port covering the year ending June
80. 1893, The report comes late, but
it's contents shows how the railroads
Of the country have grown during the
time Of which the report treats, The
railway mileage at t1c date ~ which
the report closes was iId,iGi.07 miles,
representing a stock capital OF Si,66S,
q3541S, funded Indebtedness of So
225, $50 SCI, and a floating debt OF SOIL
6iO,11i, or n total capitalization OF $l0,
500, 235, 40, The railway employees num-
bered S736O2: locomotives, 3i,7SS; pas
senger cars. 3l,3Si; freight ana other
cars, t2i2 ,56s; passengers carried, $685..
bGO.6i2; tons Of freight carried, 7i5llg.-
AS2, gross earnings S,22O, 1911 STA; oper-
Rung expenses SSai ,Q2l 2g9; income from
rentals aud all other sources Sll9, 649.
els; total deductions for rentals, In
torest and other fixed expenditures.
S3i, i22 1856. net income TO be applied TO
dividends and sIrnus. li,O5Srti, divl-
dends declared. SlO2,9il ,2Sg. The reve-
nues from passenger service amounted
To Sa0l .49i si6; carrying mails. S2S 49,,
053; carrying express, S23,6Sl 3e4. and
from carrying freight, $3.50 902 ,2O5. The
other Slia, Gi9, SIS OF income for the year
was chiefly derived from Investments.
II Ia a sad commentary on our civil
ization that statistics show that crime