Omaha daily bee., 1896-02-10
COOPERATIVE HOME BUILDING
Nebraska Associations Reporting to the
stase Banking Board,
WHAT WILL THE ANNUAL HARVEST BIZ
Comparative Statistics of Home
BuiIdirg In Lnrcc citics-MasSn-
chusctts' Co-Opcrnti.c Banks
-Nichignn's Lame Law.

The annual reports Of the building and
loan associations of Nebraska are being for
warded to the State Banking Board, and the
work or arranging them for publication is
going forward with all possible speed 1t Is
expected the report of the board, its fourth
annual, will be issued in the course Of
month. Building association men are much
| interested in the showing the footings will
make. Many express the opinion, based on
the stringsncy of the past year, that the
total will show a decrease OF business. Sim
| liar views were freely expressed at the close
| of 1894 yet there was a substantial gain that
year over 1898. The aggregate increase of
assets was 1924, ,904.4S In all material items
paid up stock, l.ans and income-there was
marked gain, Indicating degree OF pros
perity somewhat disappointing to the pes
simists. 1t is admitted that the conditions
| in 1895 were not as favorable as in 1894
for gain in business. but building and loan
associations. having their foundation in the
home, posses an element Of strength not en-
joyed by any other financial institutions.
The ambition to be a home owner Is such
that the average person will sacrifice or cur
tail many of the necessaries under stress OF
hard times to maintain his payments. This
is matter of common experience with as
sociatons, and serves to explain their ma
| terial growth. while other lines Of business
are at a standstill From the few reports at
hand from leading associations, there is rea-
| son to expect a very favorable aggregate OF
business In the state at large. An increase
in real estate holdings seems inevitable, but
this will be Offset by increased reserve funds.
| a precaution of recent date, larger paid up
capital and the consequent reduction in tho
ratio of expenses. Prof of this claim Is fur
nished by the twelfth annual report of the
Omaha association, juct issued. In this
is presented a very favorable showing. and
may be considered reflex of the association
business in the state at large. The Omaha
has now in force 4,914 shares. against 465G
a year ago. The asests now aggregate
sl4S, ,6965O, against Sill ,2Ss.sS at the close of
1894. Loans increased $3S.376, despite large
| Withdrawals. The receipts increased Sl2,500
over the previous year, making the aggre-
gate from all sources $9l, ,26S.17. marked
decrease in expenses is shown, while the de-
linquent payments amount to only , $I6S' "a
very creditable evidence of promptitude on
the part of 726 stockholders.
| A CITY OF HOMES.
Philadelphia enjoys the distinction Of be-
ing city of homes and the distinction is
directly to being the foster father in America
| Of cooperative home building. Here they
first took root in the United States, and the
result of fifty years operation is CLEARLY shown
| in statistics of homes in Philadelphia, com
| pared with other large cities.
New York. with its 1,5l5,3O1 inhabitants
| in 312 FOG families has 81, sos dwelling houses;
Chicago 1,O99, $50 inhabitants, 237 ,69l families,
! 144 ,S07 dwellings; Philadelphia 1046964 in
habitants, 2o5,1S5 families, S7,O52 dwellings;
Brooklyn. So6,S43 inhabitants, 1858 fami-
lies, S7,394 dwellings.
Thus Brooklyn, with a little more than
than half the population of New York, has
5,566 more dwelling houses. and New York
and Brooklyn combined, with a population
of 2,321,G44, have 1922 dwellings, while
Philadelphia has 1s7,052 dwellings for its
1,o46, 1854 people. More than twice as many
people there live in 1880 less dwellings
tants than Philadelphia, has 42.745 less
dwelling is in Philadelphia, SEQ, e"',s.o,
S.26: Brooklyn $50; New York rl.ad as'oI, r. con, on
necte,a with this !. %ia' are larger and the
1am.siss ,uaraas sze of the families here is almost
| aFe'. .9 the same as the average OF persons
| TO a dwelling. the averages of psrnons to a
family being in Philadelphia, $40; Chicago,
Sol; New York. 4S4; Brooklyn. ATS.
Analysing further. and showing the
| tent to which large tenement houses pre-
vail: or the population Of New York,
250.O02 live in 1.O59 dwelling which have
| each less than 10 persons in them: 133.O .O1S
in 103S4 dwellings with from II to Is per-
sons; 121 495 in 67s9 dwellings with from
| is to 20; and 1,01O.7S6 in 23,59G dwellings
| with over 20 persons in each; in Chicago
55S,927 people live in o6,493 dwellings hav-
ing less than 10 persons in them; 225,123 in
| 7.76O dwellings with from II to Is persons:
1895 in 1900 dwellings with from 16 to
| 20. and .S75 in 6,109 dwellings with over
90; in Brooklyn, 9.532 live in 81. $50 dwell
| ings with less than 10; 152.631 in 12,O55
| dwellings, with from IL to Is; SO, $50 in 5.4G5
dwellings with from 16 to 20, and 2O7 $50
| IN $3.50 dwellings with over 20; in Phila-
delpha. 913.O76 live in 17s,S39 dwellings
with less than 10: 78.228 in 6,4O3 dwellings
with from II to 10; 10000 in Lbs dwellings
with from is to 90, and $1,000 in 675 dwell
ings with over 20 persons in them. Thus
two-thirds of the population of New York
nearly one-hfth of that of Chicago more
ttan one-fourth. Of that of Brooklyn. less
| than one-twenty-ninth of that of Philadel-
phia, live In the tenement houses which
| hold each over twenty persons.
Further. in New York 7.604 of the dwell
ings contain one family 9,22s have two fam
| lilies, 1913 have three. 5141 have four, S,551
| have FIVE. 1894 have six. 1886 have from
| seven to nine, ard S.672 have oven ten: in
Chicago 77190 dwellings have one family,
| 2S,S23 have two, II .073 have three, 6,222 have
| four, 1928 have five, 1866 have six, S12 have
| from seven to nine; Ice have over ten; in
| Brooklyn 42,1S4 dwellings have one family,
| 19,0S6 have two. 9,6S7 have three 4,035 have
| four, 29lO have five, 1858 have six, 1909
have from seven to nine. 25S have over ten;
| In Philadelphia 1880 dwellings have one
family, 10,725 have two. 1861 have three So
have four. 23i have five. 1876 have six. 80
have from seven to nine and twelve have
over ten. Thus OF Philadelphias 205. 1856
families l1s $50 have each their own house
alone; 42,134 Of Brcoklyns. 176.57S; n. 100 of
Chicago's 237 ,69l, and 37,604 Of New Yorks.
312.706. These single homes houses contain
ing only Gre family. are the exceptions in
New York. Chicago and Brooklyn and the
| rule in Philadelphia.
The whole number OF dwellings In the
United States is IL 4S3.31S, and of families,
l209O152. Thus there are 1,206.s34 more
families than dwellings. or IL 4S331S families |
which have their own separate homes. The |
average Of families and persons to dwell |
ing in PHILADELPHIA is about the same as 1t !
is through the United States as whole; in |
Guiding small towns. villages and rural dis |
tricts in which the living of more than one |
family in a house 10 the very rare exception |
indeed So that Philadelphia. of all the large |
cities is, in this respect, in the greatest en- |
joyment Of that rural blessing.
Commenting on this evidence of home |
growth and home ownership, the Philadel- |
pha Ledger says
"In the best interests of society, OF COM |
fort cleanliness purity. morality, 1t seems |
to us that the fact which has thus been |
particularized places our city upon a high |
vantage ground. The true home life can |
be more winnngly cultivated and enjoyed |
in house which the family has exclusively
to itself, where 1t can be. when it desires,