Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-10-18
FULL ALLOTMENT
TAKEN BY ONE BANK
American National Subscribes
$1,833,0O0 to Second Lib
erty Loan Issue.
OTHER BIG BLOCKS BOUGHT
If People Come Forward, Sue
cess in Richmond Is
Now Assured.
OTHER BIG BLOCKS BOUGHT

American Trust Company. which were
Looted sI.S33.oO0 by the Treasury De-
partmcnt in the second Liberty loan
issue, and the third largest amount
llottcd TO any bank in the State, an
announced yesterday afternoon that
subscriptions have been received so far
which enables these institutions to an
nouncc they Will place and take the full
amount allotted them and will continue
TO work with the hope that they may be
able to place 4 larger amount This is
the first bank TO announce that it will
take the allotted amount. and is cx-
pected TO be followed by. the other
large financial institutions in the city.
With that announcement came the re-
port that the Old Dominion Trust Com
pany had subscribed s250,OO0 TO the
Liberty bonds. that the Bank of Com
merce and Trusts had subscribed an
additional 100000. 100000 already
being subscribed by that institution
in the early part OF the campaign.
OF great encouragement to the com
mittce was the announcement that the
Woodwork Company had subscribed
s25.0o0 through the Broad Street Bank
The following letter is sclf-explanatory
and the committee expects that /. will
be an incentive to other firms doing
business in Richmond: LAS per our
instructions from the New York office.
you will find inclosed subscription
to the new Liberty loan fer $4,000:
also a check to your order for $500.
VIII you be kind enough to see that
this is placed with the Liberty loan
committee of YOU dstrict?" This sub
scription simply shows that the larger
business enterprises in the country are
beginning to realize the seriousness of
the situation that confronts the coun-
try and are therefore making d liberal
response to the Liberty loan.
WITH PEOPLE BEHIND woI.K
SUCCESS IN CITY CERTAIN
Besides these reports. the banks in
the city announced yesterday that they
had secured subscriptions amounting to
s125,oo0 for the day. The subscrip-
tions for the city of Richmond, includ-
ina; the amount subscribed by the
American National Bank. now amount
TO s9,s6+.000. which leaves only n little
over s4.000,000 to be subscribed in the
next nine days. or an average of $780,
900 day. optimism now holds sway
among the members OF the committee,
and they feel that the city will over
subscribe the allotted amount if the
people will come forward in the next
few days and subscribe in large
amounts. so that Richmond will again
lead the country in the Liberty loan
campaign. 1t was announced yes'er-
day that the bankers OF Baltimore have
agreed to subscribe to the Liberty
loan to the extent Of S2o.o00,OO0. Tho
committee thinks Baltimore is not to
lead in the district and it is for that
reason that the committee is doubly
anxious that there be no delay on the
part Of the people in subscribing to the
Liberty loan issue.
AS AN evidence of interest manifested
by the young people of the city in
the great campaign to raise money
with which to finance the I.ar. the
liberty loan committee gives out the
GLOWING letter:
Il am enclosing you a check for $50.
Please purchase me Liberty bond.
] nave Just heard DR.. Stockton Axson
lecture lie made such a patriotic plea
n d address that no American could
resist. consider my ability TO buy
one rare privilege and a duty.
shoulu wish to sacrifice my college edu-
cation rather than be unable to get a
bond" 1t is just this spirit that the
committee hopes will permcatc many
more Of the young men of the city and
ca'.se tier. TO respond in like manner
and for larger amounts ii possible.
MAKE CANVASS TODAY
OF BUSINESS HOUSES
Probably the most comprehensive and
thorough campaign inaugurated in the
city will h. started this morning, when
more than 600 statesmen of the stores
OF the cit! and $50 members of the
Rotary Club will make n drag-net can
vass of every business house in the
city. Those who have failed to re-
spuid to tha call of the country for
subscription TO the Liberty loan will
be appealed to, and the fact will be
impressed upon each one that 1t is
absolutely necessary that every one
subscribe IL the war is 10 be brought
to a successful termination. Encour-
aged by the success of the insurance
underwriters. the statesmen will make
strenuous efforts to secure subscrip-
tions far in excess of the amount Sc
cured by the underwriters.
The campaign being waged by the
women in the stores of the city where
they have established booths is meet
ing with great success, 1t being unoffi-
cially announced that more than
$4,000 has already been secured by
these patriotic women
Reports from the cities in the State
indicate that several banks have over
subscribed the amounts allotted them.
Following is list of the banks over
subscribing to the Liberty loan:
Manchester National Bank, of Irving
ton. has subscribed $43.300. with ar
apportionment of $23.24O; National
Bank of Norton has subscribed $S7,250.
with an apportionment of $29.540: First
National Bank OF Pearisburg. s51.400,
apportionment, s32.o6p; First National
Bank Of Portsmouth. $4,000. appor-
tionment, $52.U4U.
Other large subscriptions are rs fol-
lows: Lynchburg, First National Bank.
has subscribed $656,200. with an appor-
tionment OF sS17,s20; Lynchburg Ma
CONTINUED on Second Pago.)