The sun. [volume] (New York [N.Y.]) 1833-1916, 1913-08-27
McAdOO Starts Movement Of
Cash to % Western and
Southern States.
MANY CITIES SHARE 1T
Committee in Each to Pass
Upon Commercial Paper
for Loans.

WAsHfSGToN. AuE. Zo-Secreta'E vi
the Treasury McAdoo announced to-day
the apportionment thus far completed OF
the allotment Of the s5o.ooo,ooo fund Of
| fered to the banks In the South, West
and Southwest to facilitate the general
crop movement incident to the harvest.
! The total amount allotted to date is
s4s. 500, 900 of which s2i.7OO.O 900 has been
apportioned to the fourteen Western States
and s2l. 800, 900 to the thirteen Southern
States and the District of Columbia.
| Secretary McAdoo said the funds are
deposited in the banks in the South and
| West at this time because it Ia believed
there is n special demand for the money
TO assist in marketing the crops which
are now being harvested in these par
ticular sections. but that II In the East
| or elsewhere II should be shown that
there Is need for the temporary use of
! funds for similar legitimate purposes the
1 Government will be quite ready to extend
! aid
| The money viii be allowed to remain
on deposit about -four or five months. all
TO he returned not later than April: de-
posits i'm the Southern states. which are
| given out first to be returned first and
in monthly instalments. beginning in De-
cember.
Committee ON Paper.
| In each depository city the Government
has chosen a special representative who
will serve with a clearing house commit
! tee of five to pass on all commercial paper
| recommended as security for deposits.
All paper before being accepted must he
/ mi, lNs
mittee.
The following list shows the amour,
allotted to each State the cities designated
as repositories and the Governments
representative selected in each city up
to the present time;
Wrstern states.
Colorado, 81 100000 Denver. Richard
II. Malone.
California. $4,000. 900. Los Angeles and
San Francisco
Illinois. $4,000. 900. Chicago. J. V. Far
well.
Indiana. Sl,0ae. e.0oo-sAlSaWssaAle.--*--
Bochme. Fort Wayne. William i. Rreen :
Indianapolis William l.. Elder
Iowa. S, 900. ."06. pes Moincs. Sioux
City Martin J. Wade.
Kansas. Sj5o,loO, Kansas City and
Wichita
Minnesota, 81 900. mo, Minneapolis, +.
NJ. Kerst -. Paul. A. N Peabody. and
Duluth.
Missouri. IS. 600. 900 Kansas City and
81. Louis. L, G. Simmons
Nebraska, $1,000, 900, omaha and Lin
coin. A. $ Tihbetts
Oklahoma, s75O,oOo, Muskogee, Francis
+. Fite; oklahoma City, Hubert l..
Bolen,
ohio. s21oc,o 900, Cincinnati. Franklin
Alter, Cleveland. F.. II, Baker Columbus
| Butler sheldon.
oregon, 100000 Portland. Henry
Teal
Washington. sl.150,0Oo Seattle. Spo-
kane, Daniel H. Drumh-ll"r.
Wisconsin, sl.ooo.ooo. Milwaukee.
southern States.
Alabama. sl.5o0,0oo. birmingham, F.
NJ. Tutwiller. Mobile. Albert Bush Mont
gomery. W. a. Gayle.
Arkansas. $500, 900, Little Rock, W. NJ
Kavanaugh.
Florida. N.i5O.O 600. Jacksonville Fen
sacola. J. NJ, McNeil; Tampa.
Georgia. sl.700,0 900. Atlanta. J. X. orr ;
Savannah. j. Randolph Anderson An
gusta, William II. Barret. Macon, Will
lam II. FELTON,.
Kentucky, $3.50, 900, Lexington. J. E
Cassidy; Louisville.
Louisiana. $500, 900 New Orleans, ".
I Hardic Shreveport
Maryland 81 500, 900, baltimore, Will
lam &. Page.
Mississippi s6oO,oOo. Jackson. w. Q.
Cole Meridian, J. II. Wright; Ncks-
burg. r. NJ. Harding
North Carolina, si,300.00O, Charlotte.
f. r. Preston; Greensboro. y. II. King
Wilmington. Hugh McRae, Raleigh.
Charles Il. johnson.
South Carolina. $1,000, 600. Charleston.
Major Henry Schachte; Columbia, Will
lam H. Lyles GrecnvillS Henry W
Briggs Sparansburg. Augustus w.
Smith.
Tennessee sl.95O.OO0. Chattanooga, w,
+. kalb Knoxville. Samuel H. Tuttcrall
Memphis, Samuel r. Read Nashville,
Joseph II. Thompson.
Texas, s2,500.O00, Dallas, Alexander
Sanger Fort Worth. Houston. Galveston.
|. II. Kempner; San Antonio.
Virginia, $l,450,000. Lynchburg. A. S.
white Norfolk, Walter II. Taylor; Rich
mond T.. l.. Bemis Roanoke.
District Of Columbia, 100000. Wash
ington, ]. Sewin TAFT.
HALF GIRDLES GLOBE TO WED.