Arizona republican., 1917-05-23
SCHEDULE [ BASED ()N. All. BANKS
TRepublican A. p. Leased Wire1

WASHINGTON, May 22. - What every section of the country is expect ed to do in unloosing it's purse-strings for the liberty loan was officially an nounced tonight by the treasury de- partment. The figures made public are the minimum: the maximum, it is hoped, will be such an over -subscrip- tion as has never before been recorded in the history of any nation.
 In framing the schedule of minimum performances expected treasury eX- perts have built structure of figures with the entire banking forces of the country as it's foundation. They have based their calculations not upon the patriotism of any particular section, but upon the number of dollars to be found in the banks of that section. The program thus tentatively created probably will be re-shaped entirely by the response of the people of the United States; but as a guide. in the absence of any other precedent, it will serve the purpose of showing each district what the nation expects of it.
 Co-incident with the announcement of the tentative allotments-which in reality are not allotments but estimates of what each section should take-the federal reserve board announced to- night it had availed itself of the ev- straordinary powers vested in it by congress and virtually had placed at the disposal of every bank in the United States, member and non- member, the powerful machinery of the reserve system to assist in making the loan an overwhelming success.
 In making public it's tentative allot- ments of bonds, the treasury depart ment has adopted two bases of eSti- mating. a s2000 900 900 issue and one of s2,500, 100000. the latter designed to meet the possibility of any one section failing to take the amount estimated. The tentative allotments, maximum and minimum, by reserve districts, follow:
 Boston, $40, ,OOO,O 900 to $500, ,0OO O0O; New York, $500 100000 to $750 GOO, 900; Philadelphia, S140000,000 to s175000 GOO: Cleveland, $1S0,000,000 to s225,- 100000; Richmond, sS0,0000OO to S10000O 900; Atlanta, S60.000.000 to $75, 900, 900: Chicago, s260000,000 to s325. OOO 900; St. Louis sSO000000 to s1OO, 900, 900; Minneapolis. sS00e0 O00 to s100, ,000, 900; Kansas City, s1O0 900, 900 to s125. .000, 900; Dallas, $40, 900 00O u anu hoflil idlSioNO $40, O,O00,O 900 to $175,OOO 900.
 Analysis of the tabulation shows that the three reserve districts with headquarters at Boston, New York and Philadelphia are expected to take 49 per cent of the loan.
 Minimum tentative allotments by states, estimated on the same basis included the following as each states approximate proportionate share:
 Massa chusetts, s144,000.00O; New York. S555, GOO, ,00O Pennsylvania. $200, OO,O00 Texas. s36.0000o0: Illinois S135, ,000, 900; Michigan, $50.000, 900; Missouri, s60,OOO, 900; Kansas. $20.O00.- 900; Colorado, s14,OOO,O00; New Mexi- co. s2,500,O00; Oklahoma, $14,500, 900 California, s92,OOO,0OO; Arizona, s., OOGOOO.
 These figures represent only th' minimum expected from each state which is expected to top the minimum by as many hundred per cent a possible.
 Participation Certificates
 NEW YORK, May 22.-To enabl persons of small means to buy libert, loan bonds on an installment plai
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