Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-10-28
FIFTH DISTRICT
SUBSCR|BES SUM
OF S14O,OOO,0OO
Passes Minimum Allotment
by More Than S20,000,00O
in Liberty Drive.
BANKERS SAY TOTAL
MAY BE S17O,OOO,OoO
Richmond Assured of S2O,2OO,7OO,
While Virginia Responds
Nobly at Close.
RESERVE SYSTEM SWAAiPED
The Times-Dispatch Employees Put
Total OF SO, 800 in
Bonds.
RESERVE SYSTEM swAMPED
The Times-Dispatch Employees Put
Total OF $4,000 in
Bonds.


the closing hours of the campaign. the
Fifth Federal Reserve District yester-
day swept 10 the front and rolled up
subscriptions 10 the second Liberty
loan bond issrc of approximately sl4o,-
100000. passing It's minimum appor
tionment by s2O,oOO.0oo. Conservative
estimates last night by the central
committee placed the total subscrip
tion of the district in excess of $3.50.
100000. but with every banking in
stitution In this territory remaining
open late into the night 20 receive last
moment subscriptions. IL was impossible
to obtain accurate figures.
Returns that fairly swampcd the
Federal Reserve Bank OF Richmond
during the afternoon and early night
indicated probably the greatest ac-
tivity of the entire campaign, wh ich
began four weeks ago tomorrow. Fr.i!l
every section Of the district kilograms
announced the glad tidings to the gov
ernmcnt agents. and with reports for
isolated communities the total con-
tinucd to soar IT was impossible. in
view of the tardincss on the part OF
many banks during the greater part
Of the drive TO report their results. to
make intelligent estimates OF the total
cced the forecast OF the committee,
while, on the other hand. there may
have been tremendous subscription
the last day of the campaign. boost
ing the aggregate to as great a figure
as Sl70,00oO0O
FIFTH DISTRICT STATES
EACH PASS MINIMUM
Every one or the five States compos-
ing the Fifth District surpassed it's
minimum apportionment, it was an
nounced, while unofiicia, reports indi-
Gated that these figures will be e1-
ceeded by substantial sum. Rural
sections have been slow to make re-
ports, and while II Is believed that
thero were heavy subscriptions in these
communities, the committee would
venture no further estimates last night
Not only did Richmond do herself
proud in the second campaign, but Vir-
ginia also came across at the last mo-
nent like thoroughbred and went
under the wire winner Likewise was
'he great showing o. the entire dis
tr!ct the source of great qualification
10 bankers and to the committees that
directed The work which made the re-
suit possible. There was no other sub
ject discussed in banking circles but
the Liberty loan during the day, and
through the financial district word
was mashed every few minutes in the
day of the progress being made
Official figures for the city Of Rich
mend, announced late last night by
William 7. Dabney, executive manager
OF the campaign, totaled s20.200.7O0
The First National Bank led all other
institutions OF the city, it's subscrip-
inns
Merchants National was second. with
81 41S5.o5O. with the National State and
City S2,32o,o00; the American National,
S2,5oo.0oo. and the Planters National,
s2.200,000 With three exceptions,
every bank went considerably beyond
its allotment. and those falling to
ccme under the wire are expected to
pass their apportionments when final
figures are compiled tomorrow.
CITY MORE THAN DOUBLES
MINIMUM ALLOTMENT
Richmond, not satisfied with being
the first city of prominence in the coun-
try TO reach it's maximum allotment of
Sl4.l00.00o seven full days before the
close OF the campaign. settled down
TO an unprecedented activity and more
than doubled it's minimum allotment Of
SS,5o0.000. Cooperation and co-ordi-
nation OF work made this possible.
Mass meetings were held to arouse the
people to the seriousness of the situa-
ton. speakers visited every manufac-
turing plant in the city, short talks
were made at the theaters, hundreds
of statesmen and BOY Scouts and fight
ing men from Camp Lee canvasscd
every section of the city, and a COM
nr
the various department stores.
First tagging far behind, intent ION
ally or otherwise. the State of Vir-
Ginia in tho last four days OF the
campaign made great headway. and
last night had rolled up n total OF
S40.000,0O0, and reports indicated a
total subscription of at least $4,000
900. It's maximum allotment VirEinia's
minimum apportionment. which was
reached Friday. was 27,000,000. Tho
State is expected, despite the apathy
in many sections. which continued until
almost the last hours Of tho campaign.
To make fully rs great showing In
proportion to its banking resources, as
any other State In the ds.ric., and
last night was nearer It's maximum
allotment than any other State.
Postcard returns from Maryland
placed the subscriptions In that State,
ut the middle Of the afternoon, at APP
proXimately $40.000,000, but the central
committee expected slightly larger
final report. This State was nppor-
toned maximum OF $4,000, 800, but
probably will not reach this amount.
Figures for other States were not tab
ulated separately last night by the
reserve bank. but ut noon they stood:
Continued ON Twelfth PaCe0