170 THE FISCAL PROBLEM IN MISSOURI

value of 55%. Each of the counties shows a ratio of not less
than 509% or more than 58%. The combined data show
results that are significant, but further analysis is necessary
before final conclusions may be reached. .Carroll County
shows a much higher rural ratio than urban ratio. On the
other hand, the urban ratio for Clark County is much higher
than the rural ratio. Other similar differences might be
noted. While the rural ratio computed from the combined
data is somewhat higher than the comparable urban ratio,
the difference is not so great as to be particularly significant.
The data would seem to indicate, however, that in certain
counties the same standards were not used in assessing urban
and rural properties.

TasLeE 49: Ratios! oF ASSESSED VALUATION TO SALES
VarLuke, Rear Estate TrANsacTiONS IN SEVEN Missourl
 CounTiEs, 1922
Data from Atchison, Topeka and Santa Fe Railway Co.

Rural

Urban !
Ratio of
Assessed
“aluation
to Sales
Value
Dow ans

Rural and Urban
Combined

County

Number
of
Transart10Nn!


Ratio of
Assessed
aluation
to Sales |
Value
Dar Cent

Number
of
Trans- |
actions

Number
of
Transactions


Ratio of
Assessed
Valuation
to Sales
Value
Por Cent

Carroll. .
Clark. ...cocearnmvnes
Clinton. .............
Knox.......ooveunnn.
LAN. one oss 8 mmman es
Macon. .ccovassnnwiss
Ray.......c..ooinnn.
Seven counties combined
 .
1 Computed from assessed valuation and sales value totals.

Mn)
1?
¢3 182 aj 225
68 61 62 41 130
26 53 328 46 454
211 58 229 60 440
146 53 215 56 361
01 | 8A EX 11]

58
54

-p

As a basis for further interpretation Table 50 was compiled,
in order to show the variations among individual properties.
The data are presented on the basis of sales value as well as
number of transactions. This table shows that the distribution
 of the properties lacked a definite mode. The mode is
the point or group of greatest density. Since the ratio
computed from the combined data was 55%, one might
expect to find a heavy concentration of both sales value and