Very 1st Home game. Help needed....

[Pondy]

I'm about to host and play in my very first home game. I got a load of chips a while ago, but have never used them, so thought it's about time.

So I have a few questions:-

1. I have the following chip amounts :-

1's = 100
5's = 100
10's = 100
25's = 50
50's = 50
100's = 50
500's = 25
1000's = 25

Whats the best amount to split between 6,7,8 or 9 players ?

2. The games will be holdem (fixed and no limit) tourneys, what's the best way to up the blinds - by time or hands played (every 10 hands). If time, how long between each level ?

Any other advise will be much appreciated.