The sun. [volume] (New York [N.Y.]) 1916-1920, 1917-06-15

Subscriptions to the Liberty Loan yes
terday reached the $4,000. .0o0, 900 mark.
according to semi official returns re-
ceived in this district last night
from the twelve Federal reserve
banks The actual total probably
passed that figure by at least
100000, 900. but It was only possible to
give an accurate account Of the sub
scriptions received for part of the day.
Secretary McAdoo announced the total
at noon as $1.S43.000,000. but his figures
included almost none Of the subscriptions
received during the day. which totalled at
least s2o0.o00,000.
will go o0r s2.750.000. 900 by noon to-
day and. what is more important, that
not less than 3,500.000 Subscribers have
placed their names on the roll to date.
This Is record for first war loan.
England had less than 100000 sub
scribers to her first loan and Germany
had approximately $4,000.
The New York Federal reserve dis
trict came within S60.00o.0o0 Of the
billion dollar mark. which has been set
as the minimum quota for New York in
the Liberty Loan. At the close Of busi
ness the total stood at $950.000 900. but
HBuTc lne cbtl-
mate for the district. as the statisticiaps
in this district, as in other districts. are
far behind in their work. The actual
count for the New York district UP to
noon yesterday was $s05. 100000, and
only part Of the subscriptions received
during the morning was included in this
total
Subscriptions in this district yesterday
again ran at the rate of 500, 100000 a
day. This is about the same as a COM
blned total In the eleven other Federal
reserve banks in a single day. The city
has exceeded Its minimum allotment by
s3500O0,000 and its maximum allotment
by s250.000.000. but the rest Of the coun-
try, with one or two exceptions, is still
far behind its quotas. Cleveland is the
only city except New York which has
exceeded its quota. That district Ia now
sac, 900 ahead. according to the latest
returns Philadelphia has eQualled its
allotment. and Chicago and Boston have
climbed very close.
sI.:OO,OOO,OOO Expected.
The prospect for the New York dis
trict last night was that 1t would go
more than $100.000.000 above the bill
ION dollar mark before the subscription
lists are closed at noon to-day. About
$3.50, ,O00, 900 Is still to come from the
State outside of the city. the twelve
northern counties OF New Jersey. and
Fairfield county. Connecticut, which
compose the Second Federal reserve dis
trict. The committee for this district
feels sure that the rest Of the district
will All its allotment, but It must do 90
by noon to-day. At least $4,000. 900
more is expected from the city. which
with the sl5o.o0o. 900 from the rest of
the district would bring the total up
TO sl,200,o0o, 900.
The committee set minimum esti-
mate Yesterday of s12s,ooo.ooo for the
subscriptions which have been received
thus far from this district outside OF
New York city. That figure is about
s25,0o0,000 above the total given out
on the preceding day. The maximum
estimate outside of the city was $780,
900 1000, which was considered very high
by members OF the committee The
committee has information to the effect
That great majority of the towns have
received subscriptions in excess Of theiI
allotments. but 1t is completely In the
dark as to the reason that they have
not been filed at the local Federal Re.
serve Bank
For the reason that II wishes as large
an oversubscription to the loan as pos
sible It was explained last night b,
orc Of the members OF the committe,
That because the $4,000. .000. 900 had beer
reached the people Of the State anc
the country must not consider that tn,
campaign was over. There are Still
nve more hours In which to make sub
scriptions," he said. "and those VIII,
have not already subscribed should talk,
advantage Of tho offering and pls c,
their subscriptions the first thing thi
morning II this loan Is TO be the sue
cess we want 1t to be there must b.
no letup In the campaign until the book
are actually closed"
subscriptions Roll In.
The Liberty Loan Committee fer tn
New York district was in session yester
DAY practically all day at the local Fed
cral Reserve Bank scrutinizing subscrip
tons, and preparing eleventh hour mea
ures. Long lists Of individuals and cor
porations who could be called upon q
tho last minute to come forward wit
practically any amount needed to com
plete the subscriptions to the loan wer