The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-11-05
VIRGINIA SUBSCR|BES
STANDARDIZATION
Led by Local Banks, State Exceeds
$1,O0O,OOO Allotment OF
Big Fund.
.NoRFoLx RAISES $1,000,
Joins Other Virginia and West Yir-
GINA Towns In Ready Response to
Appeal for Loan Fund to Finance
Crop Over Present Stringency.

Crop over present Strtngency.
Virginia completed yesterday It's ST.
100000 subscription to the $4,000. 900
loan fund which Is being raised to
finance the cotton crop over tho present
strlngency In tic money market.
Through tho strong support given by
tho local bankers, jobbers and manu-
facturers. the State ovcrsubscribed it's
allotment to the fund. The total sub
the committee. is s1,00l,o00, with the
strong possibility that another $4,000
Will be raised here.
Richmond more than did Its share
toward the subscription. Including the
s250.00o subscribed by the banks, the
S630.000. The balance was raised In six
Virginia and three West Virginia
cities. The oversubscription amounted
TO $1,000, while tho oversubscription
in this city alone was $4,000. The
local committee has not given UP hopes
of receiving word from additional cities
that they have done their share. small
az 1t may be, toward the movement A
number Of Richmond firms. which have
taken tho matter up with the stock
holders, are also expected to add their
names to tho roll.
Richmond cotton loan committee, and
a member Of the soliciting committee
appointed by the Chamber of Com
incrce. said last night:
EXPECT OTHER FIRMS AND
CITIES TO SUBSCRIBE
Because we have succeeded In get
ting subscriptions In excess Of the
amount asked for, does not mean that
we Will stop. OF course. we Will do no
regular canvassing. but we expect other
firms who have not subscribed to do
no. while number Of small cities and
towns may still contribute small
amounts. We are proud of the work.
but want to be able to notify the cen
trail committee that Virginia realizes
the benefits to be derived from this
loan fund.- and is eager TO do more than
expected of her toward the movement.
Any extra money raised here will GO
to swell the fund, which must be fully
subscribed to become effective. The
first subscription, that Of $5O00OOoO
from New York bankers, Is contingent
on the raising of the whole amount.'I
Lynchburg was the first Virginia
city to report It's share raised. The
Hill City subscribed 100000 to the
fund on Monday. Yesterday afternoon
Norfolk succeeded IN completing it's
subscription of 100000. half Of which
was loaned by the banks. Other cities
including Winchester. charlottesville
and Newport News also subscribed
Although not expected to contribute
largo sums, Martinsburg, Clarksburg
and Fairmount. w, Va. subscribed n
total of $4,000. West Virginia does
little business with the States to be
benefited by the money. but the sub
scrtbers wanted TO do their share to
aid patriotic movement.
SEVEN LOCAL BANKS
SUBSCRIBE $28O,0O0
The Richmond Cotton Loan Commit
tee, composed of Oliver j. Sands. w
do IL ,,I
met yesterday to npportion the amounts
{ due from the local banks. The propor-
Ftions assumed by them follow:
First National Bank, $4,000: Amcri-
can National Bank. $4,000: Planters
National Bank, $4,000: Merchants Ma
City Bank. $4,000; Old Dominion Trust
Company. $4,000. and Virginia Trust
Company. SIS 600.
Success of the plan in the North is
practically assured. W. r. G. Harding,
of the Federal Reserve Board, In ac-
tive charge of the plan, announced yes
terday that many cities had already
subscribed their quote and that the
prospects are exceedingly bright. The
plan meets with the entire approval
of the board, and of the Secretary OF
the Treasury.
The subscribers to tho fund from this
State follow:
Mutual Assurance Society. ..,s 10000
Virginia Fire and Marine In
surance Company. ......... 10000
Wcstmoreland Candy Com
pany Observation-Disclosures. $500
i. W., Wood g. Sons. ........ 10000
pany 5000
Wilkinson. williams & Reed 5000
Company .................. 100000
u. L. Johnson Publishing
ft Company 5000
b. f. Crump Company. $500. 5000
w. f. Richardson, Jr., Com
pany. ...,....... 1000
sCorley Company ............ 1000
Antrim & Son.. 5000
Larus & Bro. Company ..... 10000
Blair & Co. Observation-Disclosures. 1000
pany ................... 10000
Richmond stove Company. 1000
Il. l.. Taylor 6: Co. ......s... 1000.
Ftchison Hat Company. ... 5000
Company Observation-Disclosures. 5000
Stern&& Co. OBSERVATION-DISCLOSURES. 10000
Company ................ 1000
S. T. Bcveridge Company. 1000
Southern Manufacturing Com-.
pany .................A... 10000
T.. A. Saundcrs's Sons. .... 10000
Binswangcr Company ..... 10000
COttreil Saddlery Company. 5000
Richmond Gunno Company. . 10000
Miles Shoe company. 80. 1890
Richmond Dry Goods Com
pany .,.............. 5000
1Smith- Courtney Company. 5000
Stokes e. Co. 5000
Stephen Putney Shoe Company $4,000
Southern Bargain House... 1000
4 FLEMING Christian Company. 1000
Richmond Buggy Manufacture
Ing Company ............. 1000
Miller Rhoads. ...-.....5. 5000
nrl G. ~
Complain 5000
Stokes-Gryries, Grocery Com
cempany, ,............. 5000
rredegar Company r..,..,.... 10000
Tower Binford Electric and