The Coconino weekly sun., 1894-09-06
HOME OWNERS.
American Farmers Who Own Their Lands --Incumbered and Authenticated Homes Census Office Statistics.


 WASHINGTON, Aug. 31.-The census
 office gave to the public yesterday the
 principal results of the investigation
 of farmer home proprietorship in all of
 the states and territories. This is the | first investigation of the kind ever con- ducted in any country. Of the 12,690,-
 152 families in the whole country al-
 most AS per cent. own their farms and
 homes and the rest hire. Of the fam
 lilies owning farms and homes almost 2S per cent. have incumbrances and over 72 per cent. have no incumbrance. The number of resident owners of land in the United States is 6,0C6, AT, to which must be added any land owners who may be living in tenant families. The farm families number 4,676, ,174, of which 66 per cent. own their homes, and others hire. Of the owning fami- lies over 2S per cent. have incumbrances on their farms. In 1880, 25. 56 per cent. of the farms were hired.
 In the cities that contain over 100, ,000 population there are 1,94s,S34 home families, of which almost 23 per cent. own and r per cent hire, while of the owning families 3s per cent. own sub ject to incumbrance. Among the cities having 100000 population and over New York has the highest percentage of home tenancy, nearly 93.67; Boston is next with S1.57 per cent; Brooklyn third, with s1.44 per cent; Jersey City, sl.20 per cent, and Cincinnati, s0.S2 per cent. The percentage for Balti- more is 1894; Buffalo, COOS; Chicago, 7l.27; Cleveland, 6000; Denver, 70. 80; Minneapolis, 6S. SC; New Orleans, 1851; Philadelphia, 77.24: St. Louis, 79.5 5s; St. Paul, 59. SO; San Francisco, 7s.46, and Washington, 74.S0. The smallest per- centage, SC, represents Rochester, N. Y.
 Bringing tine urban population into contrast with the non-urban popula- tion, almost A. per cent. of 4,224, sG0 home families living outside of cities and towns of 5000 people, own their homes and 56 per cent. hire. Of the owning families Y per cent own with out incumbrance.
 The value of the 1,Go6, 500 incumbered farms and homes is S5,Gs7, ,206, ,069, and the incumbrances aggregate S2, 162, ,9i9,- 563, or 37.50 per cent. of the value. Of the membranes on farms and homes, over g per cent. bears interest at rates less than 6 per cent, 34 per cent at the rate of 6 per cent, B per cent. at rates greater than per cent, and II per cent. at rates greater than per cent
 The average of value of each owned and incumbered farm in the United States is S3,444; of each incumbered home, 8, ,250, and the average incum- brance on each of the farms is Sl,224; on each incumbered home, s1 ,293.
 The ss6,957 farms subject to incum- brance are worth ga, ,054 |, ,923, 165, and the incumbrance is sl,Os5, 995, ,96O. or 35 55 per cent. of the value. The s09, ,933 homes subject to incumbrance are val ued at S22, ,632, 374, ,904, and the incum- brance is S1, GAG, ,953, eos, or 39.7 77 per cent of the value.
 The cities of 5000 to 100000 popula- 1 tion have 2l4,6l3 incumbered homes occupied by owners, worth s739, SAG, 0s7, | with an incumbrance amounting to | S292, ,6ll ,974, which is 39. B per cent of | the value. In the cities of 100, 900 pop | ulation and over the value of the lGs,- l50 0incumbered homes occupied by own | CTS is S934, l9l, ,sll and these homes are | incumbered for S393, ,O29, ,s33, or for 42 or l per cent. of their value. In the coun- | try outside of cities and towns of 5000 | people and over the value of the 427, ,l61 | incumbered homes occupied by owners is S95s, ,337, ,0O6. and the incumbrance is | S36I, ,3l1 ,796, or 37.70 per cent of the | value.
 In the cities having at least iO0, 900 | S5,555 represents the aver age value of each owned and incum- bered home New York has the high est value, Sl9,200; San Francisco sec ond, with S7,993; Brooklyn third, with S7, 349; Omaha fourth, with S7,179 and fifth, with S7,O45. The annual interest charged on each owned and incumbered home in these cities is S134. The highest amount being S43s in New York and the lowest amount ing to S33 in Louisville. Denver has the highest average rate of interest on the incumbrance on owned and incumbered homes, 7.S7 per cent, and New Orleans is second, with 7.s6 per cent New York has the lowest rate, 4.95 per cent. and Boston stands next with 5. 14 per cent. Over "A per cent. of the in- on owned farms was in- cured in buying real estate and mak- ing Improvements, and over s3 per cent. of the incumbrance was for the purpose of buying and improving real estate, investing in business. etc Over Sl per cent of the incumbrance on homes was incurred to secure purchase money and to make improvements
 NEW PYTHlAN OFFICERS. w. R. Richie nf ntio EIoo.oa c,, |