The evening world. [volume] (New York, N.Y.) 1887-1931, 1917-06-15
telegraph is greater than possible TO
supply.
AVERAGE SUBSCRIPTION IS Es-
TIMATED AT $1,000.


TlMATED AT $1,000.
The average subscription, II was
estimated. viii amount approximately
TO $1,000. The largest average
amount for subscription in other war
ring countries has amounted TO less
than 5000.
Every Federal Reserve district,
with the possible exception oi At
lanta and Kansas city appeared
10 have exceeded It's minimum al
lotment. Reports from these dis
tricts we're slow in coming in. with
thousands OF banks 20 be heard from
IN the two districts, however. !;
seemed likely that the minimum allot-
ment would be reached in each case
Swelling the huge total by millions
came the belated subscriptions OF the
banks that held back TIL the last
moment. The clerical forces Of vir-
tuaily every reserve bank were prac-
tically buried under a landslide OF
eleventh hour subscriptions.
Because OF this situation the exact
total subscription may not be known
for many hours. The full magnitude
Of the countrys response even may
not be measured for several days, as
thousands OF belated subscriptions
were not expected 20 reach the reserve
banks tilI after the dead line OF noon
Standard local time.
These must be included in making
up the full totals showing the ma
tion's response.
Millions OF dollars. It was esti-
mated, were transferred by telegraph
from national and State banks and
trust companies on behalf Of their
customers - the Federal Reserve
banks.
San Francisco started the day with
q sensational advance from Its
previous report OF t52, 100000. The
first thing officials heard this morning
was that. instead OF being approx
mlately SIS. .OOO. 900 under its minimum
allotment, tho district was nearing
the minimum and probably would
take its quota. The city itself over
subscribed its $4,000. 900 allotment by
81, 200. 200.
COTTON PLANTERS AND WHEAT
GROWERS FALL BEHIND.
Apparent failure OF the Kansas City
and Atlanta districts TO reach their
minimum. based on early reports. re-
nected the failure Of the cotton far
mers OF the South and the wheat
growers OF the West to respond as
fully as Il had been estimated they
would. II was pointed out that In
harvested their crops and therefore
are NOT In as strong n position 20 an
swcr the call as they will be after the
harvest.
The Atlanta districts total was
egimated at noon at between $40
6O.O 10 s5O.OOO.OO0. The districts
minimum allotment was s6O.o0O,O0o
The Kansas City districts total
was reported near Sl0o,O0o.Oo0, it's
allotment, this afternoon.
The country reflected "A tremendous
demand for the so-called baby bonds.
The $50 issue will be by far the most
popular. II is believed.
Every community hying the Ameri-
can fag from the Philippines 10 the
Virgin Islands. subscribed 10 the loan.
Fairbanks, Alaska. the most northern
Town cn the continent, sent gencr-
Gus subscription. From the Panama
Canal zone subscriptions totallcd
,:50.OO0
Chicago reported that a. noon .
total OF s27t.0OO.OOO for the seventh
District had been counted and the es-
innate for the district when returns
are all counted tonight, was shortly
afterward raised TO t32t 100000.
Hundreds OF excited citizens, de-
spatches said. surEed about the en-
trance OF the Chicago Federal Reserve
Bank as the time limit expired and
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