Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-06-16

| reported to the local reserve bank dur
| ing the last three hours OF tho cam
paign yesterday morning were amaz-
ing. and were largely responsible Tor
| the overSubScription of the issue In this
section Of tho country.
RESULTS SHOW FINE
RESPONSE ~ DISTRICT
The campaign conducted in Rich
mond in the interest of the Liberty
loan of i9lT-a loan by the people OF
the United states to the government
for the protection of freedom and lib
erty- was second TO none IL my other
section Of the country. That fact Is
demonstrated by the results that were
obtained The movement was con-
Quoted under the general supervision
Of leading bankers Ind rnancierS Of
Richmond. with William r. Dabney.
business manager OF the Chamber OF
Commerce. as executive manager. and
George W. Rogers as his assistant.
Directing in Il general way the work
OF the central bureau. with daily con-
fcrcnccs. was an executive committee.
composed Of Richard II. Smith. prcsi-
dent of the Planters National Bank,
chairman: II. W. Jackson. president of
Conncll. president OF the Manchester
National Bank and South Richmond
Bank: l.. l.. Bemiss. president of the
Richmond Trust and Savings Company:
John Kerr Branch. president OF tho
Merchants National Bank. and W.
Meade Addison. vice-prcsident and
cashier OF the First National Bank
MIR. Dabncy and Governor George j.
Scay. OF the Richmond Reserve Bank,
also sat with the committee
After tho excitement attendant upon
the closing OF the campaign. the cxccu-
tive committee met yesterday after
noon for general discussion OF it's
work. and for 4 general review OF it's
success. At this meeting the bankers
of the city presented MIR. Dabncy with
a handsome silver fruit dish. on which
was inscribed. presented to Mr. Will
liam T. Dabncy By the bankers OF
Richmond in appreciation OF his I'M
selfish and earnest efforts in the
Liberty loan campaign. June Is. lel7"
WILLIAMS
IS PROUD OF RESULTS
In making the presentation. Mr.
Smith said that the committee was
under great obligations TO the Cham
Der of Commerce for its support and
cooperation. and that not only as a
body. but as individuals. they had
helped to accomplish the splendid re-
suits attained. He said the organza-
tons greatest work had been in loan
inE the committee the services OF MIR.
Dabncy. who had been largely respon-
Siblc for the success Of tho campo ign
Mr.. Smith then read telegram from
John SHELTON Williams. Comptroller Of
the Currency. to the local committee.
which is as follows:
The banks of our country have done
noble work in making the Liberty loan
with all that IT implies so great a
triumph. 1t is especially and deeply
gratifying to me that The people CT
my own home city and district have
shown UP 50 splcndidly. Please give
my cordial CONGRATULATIONS 10 your
committee and tho Federal Reserve
Bank that the unscliish and able ef-
forts Of all our banks. both national
and State. and OF the great army OF
workers in this great cause are now
crowned with SUCCESS"
From the central bureau last night
vent forth letters to every one who
aided Richmond in subscribing 10 more
than Sl3.oo0,0o0 OF the Liberty loan
honds. These letters were written
over the signature of Chairman Smith
and Executive Manager Dabney, and
were as follows:
The government Liberty loan bond
sale Of $1,000. 100000 has closed. Rich
mond responded nobly, our pcople
subscribing considerable more than tho
amount apportioncd to Richmond.
The Liberty loan committee conveys
grateful appreciation for your valuable
services in support of the committees
efforts TO enlist the interest of our peo-
pie in this most important movement"
FIRST NATIONAL BANK
LEADS LOCAL INSTITUTIONS
Among the later subscriptions made
yesterday was that OF the Virginia
Railway and Power Company for
$4,000. which was equally divided be-
tween the Planters National and the
First National Banks. Another was
$4,000 from the Grand Lodge of Masons
OF Virginia. The committee in Roa
noke wired the reserve bank that city
would take s2.00o.000 of the bonds.
The First National Bank led other
local institutions in total subscriptions
the bonds being taken by it's customers
and the bank itself aggrcgating ap-
proximatcly s3.o6oooo The Mcr-
chants National was second. with sub
scriptions OF s3.l14.0oI and the Amer
| lean National third. with S1,io0,O 900
The Planters National announced that
its subscriptions would exceed $685.
| 600. while the next largest bank was
the National state and CITY, with
| about s960.o0n. The largest single sub
scription made in Richmond was that
of the Chesapeake and Ohio and Hook
Ing Valley Railroads for 100000
which was placed through the First
National and American National Banks
This latter institution entered 1850
| subscriptions alone.