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EXTRA CENSUS BULLETIN.

October 6, 1894.

STATISTICS OF FARMS, HOMES, AND MORTGAGES.

OWNERSHIP AND DEBT IN DELAWARE AND OKLAHOMA.

DEPARTMENT OF THE INTERIOR, Crensus OFFICE, Wasunineron, D. C., September 22, 1894. SIR:

The leading results of the investigation of farm and home proprietorship in Delaware for 1890, conducted by Special Agents George K. Holmes and John S. Lord, are contained in this bulletin. In regard to farms, the conclusion is that 49.42 per cent of the farm families hire and 50.58 per cent gwn the farms cultivated by them; that 29.40 per cent of the farm owning families own subject to incumbrance and 70.60 per cent own free of incumbrance. Among 100 farm families, 49 hire their farms, 15 own with incumbrance, and 36 without incumbrance. On the owned farms there are liens amounting to $2,995,263, which is 44.04 per cent of their value, and this debt bears interest at the average rate of 5.70 per cent, making the average annual interest charge $122 to each family. Each owned and incumbered farm, on the average, is worth $4,875, and is subject to a debt of $2,147.

The corresponding facts for homes are that 66.71 per cent of the home families hire and 33.29 per cent own their homes; that of the home owning families 61.31 per cent own free of incumbrance and 38.69 per cent with incumbrance. In 100 home families, on the average, 67 hire their homes, 13 own with incumbrance, and 20 without incumbrance. The debt on owned homes aggregates $5,299,877, or 45.17 per cent of their value, and bears interest at the average rate of 5.65 per cent, so that the annual amount of interest to each home averages $92. An average debt of $1,633 incumbers each home, which has the average value of $3,616.

There is one city in the state, Wilmington, in the class of those having a population of 8,000 to 100,000, and in this city 69.80 per cent of the home families hire and 80.20 per cent own their homes, and of the home owning families 49.48 per cent own with incumbrance and 50.52 per cent own free of ineumbrance. In 100 home families, on the average, are found 70 that hire their homes, 15 that own with incumbrance, and 15 that own without incumbrance. The liens on the owned homes are 46.91 per cent of the value of those subject to lien. Several averages show that the rate of interest is 5.61 per cent; value of each owned and incumbered home, $3,979; lien on the same, $1,866, and yearly interest charge on each home, $105.

Real estate purchase and improvements, when not associated with other objects, caused 84.24 per cent of the farm families to incur 83.04 per cent of the farm debt and 85.24 per cent of the home families to incur 82.33 per cent of the home debt.

OWNERSHIP AND DEBT IN OKLAHOMA.

Oklahoma was organized as a territory May 2, 1890, and when the census was taken, June 1, 1890, no farm or home occupied by owner was found under incumbrance. In regard to farms, it is found that 4.95 per cent of the farm families hire and 95.05 per cent own the farms cultivated by them. The corresponding facts for homes are that 31.54 per cent of the home families hire and 68.46 per cent own their homes.

Very respectfully, CARROLL D. WRIGHT, Commissioner of Labor in charge. The SECRETARY OF THE INTERIOR. C. 0. P.—4m

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FARMS, HOMES, AND MORTGAGES.

TABLE 1.—NUMBER AND PERCENTAGE OF FAMILIES OCCUPYING OWNED AND HIRED AND FREE AND INCUMBERED FARMS AND HOMES: 1890.

DELAWARE. | PERCENTAGE OF | PERCENTAGE OF eet | PERCENTAGE OF FAMILIES OWNING | pteeneeee tek || FAMILIES OWNING. FAMILIES OWNING | FREE AND INCUM- SRD OT eeyen | 1 AND HIRING. | BERED OF TOTAL ITE A aati RTOS Aggre- || | Families | | OWNING FAMILIES. | NG EN Ea CIVIL DIVISIONS. nie. |) hiring, ||| I | ING FAMILIES. | | | | | | | | Ineum- | F | a4 I - - | Total. | Free | eer | Owning. Hiring. | Free. | aaa | iree: eee 2. ees | eter Ne : | The Statesscsecceeseee| 84,578 || 18,183 || 8,493 | 4,640 || 21,445 || © 87.98 62.02 64.67 35.83 | 24.56 13.42 9,381 || 4,745 | 3,350 | 1,395 4,636 | 50.58 | 49.42 70.60 29.40 || 85.71 14,87 25,197 | 8,388 | 5,143 3,245 16,809 33.29 66.71 61.31 38.69 | 20.41 12.88 I | | ——| = e | : | = | | | Wilmington (for homes)........... 12,448 || 3,759 | 1,899 | 1,860 8,689 | 30.20 | 69.80 || 50.52 49.48 I 15.26 | 14.94 |—— ——|— | || SS =H] Rest of state (for homes)........... 12,749 || 4,629 | 3,244 | 1,385 | 8,120 |) 36.31 63.69 70.08 29.92 | 95.45 10.86 ul OKLAHOMA. SL i 5 eee i eo ae | ; eae The Territory................- 15,029 | 13,059 | | 1,970 86.89 13.11 100.00 | | E | | | } —— = For farms =| 10,419 | 9,903 | 516 | 95.05 4.95 | 100.00 For homes.. 4,610 | 3,156 | 1,454 | 68.46 81.54 | 100.00 | Il |

TABLE 2

OF INCUMBRANCE THEREON: 1890.

2.—VALUE OF FARMS AND HOMES OCCUPIED BY OWNERS AND INCUMBERED AND AMOUNT AND PERCENTAGE

OWNERSHIP AND DEBT IN DELAWARE AND OKLAHOMA.

TaBLeE 3.—AMOUNT OF ANNUAL INTEREST CHARGE AND AVERAGE VALUE, INCUMBRANCE, ANNUAL INTEREST CHARGE, AND ANNUAL RATE OF INTEREST FOR FARMS AND HOMES OCCUPIED BY OWNERS AND INCUMBERED :

1890. DELAWARE. | | | A | | | | Average | Average) | Average | annual | | value O! || Geeae Total | interest | Average] | CIVIL DIVISIONS, ley each brance on annua | charge ee | | b See each farm Se | on each | rate © | | | ae COI) oie. charge. | farm On interest, | | | or home. homcull| | | . os Ki Aaa | EITORS fll Gserewescesstesesssectsaseteers $3,994 $1,788 $470,249 $101 | 5.67 For farms.... 4,875 | 2,147 | 170,737 | 122 5.70 For homes... 3,616 1,633 | 299,512 | 92 | 5.65 Wilmington (for homes) .............2..) 3,979 1,866 | 194,673 | 105 5.61 |= SSS = = SSS SS S| SSS |I | Rest of state (for homes) | 3,128 1,320 | 104,839 | Omal 5.78

TaBLE 4.—PERCENTAGE OF FAMILIES OCCUPYING OWNED AND INCUMBERED FARMS AND HOMES AND OF AMOUNT OF INCUMBRANCE THEREON, BY RATES OF INTEREST: 1890.

DELAWARE.

THE STATE.

For farms. For homes.

RATES OF INTEREST,

| For For number For | number For of amount of amount. | families. | families. | | | | == | Under 6 per cent............... | 18.50 35.18 19,57 37.35 | 6 per cent wa! 80.65 64.25 | 79.75 | 62.28 7 per cent... | O23 || @.05 |! @.09 || 0,03 | 8 per cent....... 0.14 | 0.23 | 0.12 | 0.14 | 6 to 8 percent, inclusive... 81.29 | 64.72 80.25 | 62.58 Over 6 per cent esc: 0.85 Oo7 ||| O63 || Oey | Over 8 per cent............-.... 0.21 0.10 0.18 0.07 Over 10 per cent 0.07 0.08 | 0.09 | 0.04 Over 12 per cent................. 0.07 Wz013 | beets deesoll Meroicnocoeess

CITIES OF 8,000 To | 100,000 PEOPLE.

For | number For | of | amount. families. | | ia oe | | 25.97 | 44.99 | 73.76 | 54.90 | | fears [svsasieasest | | 73.92 | 54.95 | N27 OMIT 0. 0.06 0.11 0.06

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