Evening star. [volume] (Washington, D.C.) 1854-1972, 1917-06-15
New York Subscriptions Ex-
Ceed Half of Authorized Is
sue of Two Billion.
CHICAGO ALSO GOES FAR
ABOVEIT SHARE OF LOAN
Baltimore and New England, Too,
Report Heavy Purchases of
War Securities.
By the Associated Press.

By the Associated Press.
| NEW YORK. June 15.-New York has
oversubscribed its quota to the liberty
loan by many hundreds of millions of
dollars. It has probably doubled tho
quota fixed by the Treasury Depart
ment and exceeded its own quota. ss-
tablished by the liberty loan committee
here. by 5000. 100000.
| Although at the closing hour Of noon
tho tabulators were at least six hours
behind in recording the tidal wave of
subscriptions that have been pouring
in since yesterday. It was estimated the
total participation of the New York
federal reserve district would amount
to at least $1,000. 600. 900. At the noon
hour. although the tabulations of the
overworked clerks had not all been
assembled, it was estimated that the
sum Of 100000 was then actually
| on the books.
Above Par on Exchange.
Precisely at this hour trading in the
bonds began on the New York Stock
Exchange. and as evidence Of their pop
ularity the initial transaction was at
above par. This first lot. amounting to
| $4,000, sold at par and 1-50. or. with
| the 81 900 bond as the unit of trading.
81 more than face value. The next
fp>0 aNffn fnY OF P0r lot 0Y
S250.000. There was great excitement
| around the liberty loan post on the
| floor Of the exchange when the trading
began. and a rush of brokers to be first
| for the honor Of making the first sale.
| Long lines Of subscribers still crowded
the lobbies Of virtually every bank in
| the city when the loan officially closed.
1t was announced that all those in line
at noon would be allowed to subscribe.
Boy Scouts Of America have obtained
subscriptions to the liberty loan total
ing $s,234.900. according to official re-
| turns made to scout headquarters here.
| officials of the organization said that
| many places have not yet reported and
estimates based on advance Information
| led them to believe the total subscrip-
tfons made through efforts of 23S,000
scouts will amount to between ten and
| fifteen million dollars. The greater
part Of these subscriptions. 1t was add
ed, were for bonds of $50 and 500.
Chicago Passes Quota.
CHICAGO. June 15.-Three hundred
million dollars = forty millions more
| than the quota-was the official esti-
| mate of the subscriptions of the sew
enth (Chicago) federal reserve bank
district when the liberty loan books
| closed at noon today
| At noon a total of s274 100000 for the
! seventh district had been counted, and
| the estimate for the district when re-
! turns are all counted tonight was
| shortly afterWard raised to 1925. 900, 900
| The Chicago district flashed past its
| quota of 100000 900 shortly after the
accountant resumed work this morn
| ing. The first figures announced were
| S265 100000.
night to accommodate subscribers, and
| today nearly every bank In the city
! opened an hour earlier than usual in
anticipation Of big business in bonds.
worked far into the night waded into
| what seemed an unsurm mountable ac-
emulation Of mail. They occupy an
entire floor Of the National Life Insur-
ance building, but II was calculated
that 1t would be 10 o'clock tonight be-
fore even this force will be able to
tabulate the complete returns
| The student officers in training at
I Fort Sheridan subscribed for $50, 900 in
liberty bonds in night campaign. and
!
sell s2s.0o0 more before the gong sound
ed at noon.
New England Meets Issue.
| BOSTON. June 15.-New England sub
| scriptions to the liberty loan. as tabu-
lated Just before noon. showed a total Of
| sLa 'oooo or SI,500. 900 above the quota
with kilograms and letters still pouring in
During the night independent reports
| from cues and towns throughout the
| olstrict showed an impressive array of
| orersupscrlptlons- Some officials on
tne nDerty loan committee estimated
mat the number Of subscribers would
actually approximate 1000. 900, all
thoush OFFICIAL figures might fail far
short Of this mark
| ~ was pointed out that corporations
and banks representing thousands Of
suDscribers, had turned in checks for a
| Hiiion dollars and upward as IL for one
subscriber, in order to facilitate the
| tabulators
BALTIMORE. June 15-MarvIand,s
maximum quota Of $4,000. 900 OF the
| noerty loan has been oyersubscribed
figures tabulated by the loan executive
nnii..ee t;n al noon showed subscrip-
.o.s oi s"a.6o00O0. and 1t WAS stated
that more than a million in excess Of
that ngure was in sight
Cleveland Exceeds Allotment.
CLEVELAND, June 15.-Liberty loan
campaign managers for the fourth dis
oEt teuefai reserve bank have re-
seareu seay subscriptions in excess of
s-zo,ooo,ooo from the district up to
sonh so.n aoday- Indications now point to
s-oV;ooo'ooo as the final figures The
o,lsinai minimum allotment for the
oistrict was $3.50. .000. 900, and a later
niaximum allotment was S225.O0O, 900,
"hlch latter figure has been exceeded.
DALLAS Tex. June 15-From the
..urhs E. In the mail this morning.
fred V. Hopes. deputy governor Of
the eleventh district federal reserve
ath a announces his belief that the dis
iI. e. nad na passed Its liberty loan quota
u Sfo;ooo.ooo by at least 1000. 900.
Sl; LoClS June 15-Reports receiy-
Gu py the st. Louis federal reserve
pa., aiih today indicated that the st. Louis
~neuelai ~ reserve district. the eighth,
YOU'D oversubscribe its $4,000. 900 al
to'ment or the liberty loan, and that
90, ..onn LOUIS would subscribe for 10000
"oo' or sl5,o00.000 in excess of its quota
Bushels of Applications.
KANSAS CITY. Mo-, June 15.-Bushel
osskels hlled with applications for the