We study the affine ring of the affine Jacobi variety of a hyper-elliptic curve. The matrix construction of the affine hyper-elliptic Jacobi varieties due to Mumford is used to calculate the character of the affine ring. By decomposing the character we make several conjectures on the cohomology groups of the affine hyper-elliptic Jacobi varieties. In the integrable system described by the famil...