The Lancaster news. [volume] (Lancaster, S.C.) 1905-current, 1917-10-30
OFFICIALS ARE WELL
PLEASED WITH RESULT
AN OVERWHELMING Sue
CESS, McADOO SAYS.
BE Several Days Before Ex-
tent of Subscriptions Will
Be Known.

Washington, Oct. 29.-The Liber-
ty loan passed the $5,OOO,OOO,O
mark.
A last day drive of titanic pro-
portions throughout the nation
rounded up more than s1,O0O,OOO,-
coo, and was believed to have car
ried the total several hundred mill
lion dollars beyond the maximum
sum treasury officials had hoped for.
Federal reserve banks are strug-
Cling under an avalanche OF last
minute subscriptions to form some
idea of the grand total Indications
are that they Will not complete their
tabulations for several days
At least S,0OO.O0O persons
throughout the country wrote their
names on application blanks. How
many more did so will not be known
until the final count, several days
hence. The number may go as high
as 100000.
Each of the II districts appeared
10 have passed its minimum. and in
dications We're that most of them
had exceeded the maximum as well.
The treasury's tabulstion Of re-
turns based upon estimates received
from the reserve banks, showed a
total of S4,555, 100000. This was
admitted to be an under-statement
| of the result. At the hour the tabu-
| lation was made, subscribers were
standing in line in thousands of
cities and towns throughout the
country and most of the $4,000
banks were swamped with unre-
ported subscriptions.
The treasury's compilation by dis
tricts follows:
Boston, 100000, 900: New York,
$500, 100000; Philadelphia, s425,-
100000; Cleveland, $3.50, 0,OOO,0O0:
Richmond, 100000; Atlanta,
500, 0,OOO,OOO Chicago. s55O,O0O,-
900; st. Louis, $2OO,OOO,OOO; Min
neapolis, $3.50, O,0OO.00O; Kansas
City, 100000, 100000 Dallas,
$3.50, 100000, and san Francisco,
$275, 900 900.
Subscriptions to the second Lib
erty loan probably have passed S.
600, O,000," said treasury state
ment
from every district came the
report that it was almost impossi-
hle to estimate totals. as the SUBJ
scriptions We're pouring in so rapidly
that it was with the greatest diff
Guilty they were even being record
ed.
New sales were being reported
by telephone, telegraph and messen-
ger, it was declared, from coast to
coast. None was so bold as to say
il would be possible to give an ac-
curate accounting of all sales before
next Wednesday.
"Wednesday is the day on which
bank subscriptions must have reach
ed the district federal reserve
banks.
With its maximum safely passed
at sundown." the statement contin-
ued, "the New York district went
forging ahead by artificial light;
bent on running up total Of hun
dreds of millions more"
[ Subsequent to the issue of this
statement, officials were informed
by telephone that New York's total
would run up to $3.50, 900, 900.
This would swell the departments
figures to $4,705, 100000.
Cleveland furnished one of the
eleventh hour surprises" the state
ment added. "This districts total
bids fair to go high over the max
imum of 50O.000,0O0.
Chicago, somewhat disappointed
at its slow start toward its MAXI
mum of 100000, 900. buckIed
down hard today, to come as near
that mark as possible. Workers had
mot entirely lost hope fonigff IL taxi
ink. <Rplk vitll "a g. jesa efs BIZ < the
<4orI I6o]rsd Ir41f g :. ~ 2lli ,'5 *, 4 s