The midland journal., 1917-06-29
LIBERTY LOAN
S3,O35,226,85O
War Issue OVersubscribed
Nearly 81 Per Cent.
FULL ALLOTMENT TO $4,000
Large Subscriptions Will Be Scaled 60
As To Bring Loan To $2,ooo,ooo,-
ooo-McAdoo Pleased With
PubIic's Response.


scriptions totaled $3,035, $50, an
oversubscription of nearly So per cent.
The final tabulation was officially
announced, showing that more than A.
100000 persons bought bonds. Ninety
three per cent. of subscriptions, or
those of 100000 persons were for
sums varying from $50 to $4,000,
while 81 subscribers applied for allot-
ments of $5,000,000 each or more.
The New York Federal reserve dis
trict led the list with subscriptions
totaling $1,186,78S,400, or more than
the next district, Chicago, 1857, ,195,950.
The other districts sent subscriptions
as follows:
Boston, $332,447,6O0; Cleveland,
1886, ,148,700; Philadelphia, $232,309,-
250; San Francisco, $175,623, 900; Rich
mond, $109, 737,1O0; Kansas City, $751;
758,850; st. Louis $86,134,70O; Mime
apolis, $70,255, 800; Atlanta, $57,S7S,550,
and Dallas, $48,94S,350.
Full Allotment To $4,000.
These subscriptions included those
sent direct to the Treasury and ap-
portioned among the various reserve
districts.
Allotments will be made. Secretary
McAdoo announced as follows:
On subscriptions up to and includ-
ing $4,000 full amount. These sub
scriptions totaled S1,2966S4,8 $50.
More than $4,000 up to and includ-
ing 100000, 60 per cent. of the amount
subscribed, but not less than $4,000
in any instance. These subscriptions
totaled $560,103 ,050; allotments to sub
scribers in this group will aggregate
1886, ,O61,8 ,85O
More than 100000 up to and includ-
ing $250,000, As per cent. of the amount
subscribed, but not less than $4,000
in any instance. Subscriptions in this
group totaled s220,455, 800 and allot-
ments will aggregate $99,205,O00.
More than $25O,OO0 up to and includ-
ing $4,000, 900, 80 per cent, but not less
than $112,500 in any instance. The
total of subscriptions in this group
was $601 1,514,900; allotments will ag-
gregate $184,381 800.
More than 100000 up to and in
Guiding $6,00O,000 each, 25 per cent,
but no less than 100000 in any one
instance. Subscriptions in this group
totaled $234,544,300; allotments will
total $58,661,250
Three Asked For Over $25,ooo, 900.
More than $6,OO0,OO0 up to and in
Guiding $10,000,00O each, 21 per cent.
Subscriptions in this group totaled
$46,674,150; allotments will aggregate
$9.S01, 800
Two subscriptions of S25, 100000 each
were received. The allotments to
these subscribers will be at the rate
of 2O.22 per cent, and they will receive
bonds of the value of $5,055,OO0 each.
One subscriber to ,250,000-the
largest-will be given 2017 per cent,
or $5,093,650.
Conclusive Answer To Enemy.
zone of the chief purposes of the
campaign was to distribute the Liberty
Bonds widely throughout the country
and place them as far as possible in
the hands of the people. This was
important because the strength of
Government finance, like the strength
of Government policies, rests upon the
support of the people The large num-
ber of subscribers, especially the large
number of small subscribers, is most
gratifying and indicates that the inter
est of the people was aroused as never
before in an issue of bonds.