The Richmond Virginian. (Richmond, Va.) 1910-1920, 1917-06-23
Most Popular Investment Ever
Offered Tremendously Over
subscribed
SMALL BUYERS WILL
GET THEIRS FIRST
Richmond District Nearly Ten
Millions Above Maximum
Expected From It-kansas
City a Stacker

Washington, June .22.-Nearly four
million persons subscribed s3,o35,226
$50 10 the liberty loan. It was Off
cially announced at the treasury de-
partment tonight, The Official figures
were made public after full week
Of counting and tahulating by an
extra force of clerks in the twelve
federal reserve banks.
Statistics .hurriedly compiled at the
department tonight estimate the
$4,000 persons or 90 per cent sub
scribed in amounts ranging from $50
10 $4,000. Twenty-one persons. of
whom John y. Rockefeller was one.
subscribed in amounts of $4,000. 900
and more. The aggregate suhscrip-
tons Of those who bought in such vast
lots was s18S78a, $500.
Subscriptions by Districts.
The subscriptions ny districts fol-
lows: Boston. s332.447, 500; New York
sl,1s6.7Ss.4o0: Philadelphia, $685.
2oa, $50, Clevel a. s286,l4S.-
700; Richmond. o.73T,1oo; Atlanta,
s5IS7s.55o: Chicago. s357,1a5.e5o;
ST Louis ss6,134,7oo; Minneapolis
$40, 255.5Oo. Kansas City. $9l.75s, $50,
Dallas, s4s.94s350; San Francisco
S1T5.623.soo.
-Ai4 the E-5SLSIh ItuEEAl tEStI .
cities oversubscribed even the maxi
mum amount which they were ex-
pected TO buy. These advance esti-
mates were based on the total OF the
banking resources OF the federal re-
serve district
Three Cities Fell Behind.
Three cities. Minneapolis. Kansas
City and Atlanta fell behind the mini
mum allotment they were expected
to buy.
San Francisco went Just ss23.aoo
more than the maximum OF SITS. 00o.-
zoo looked to from the Pacific metro
polls.
St Louis went the minimum quota
of $50, 900. 900. ss.134. 700 better
New York. as has been known for
several days. was the leader in the
oversubscrihing with maximum
amount OF $3.50, 900. 900 looked for the
great district which includes, not
only the Metropolis. itself. but Inn
portant places like Buffalo. Syracuse
and Rochester, not to mention a dozen
other wealthy manufacturing centers,
bought the staggering total of ST.
1856 1ss,401 more than one-half the
entire loan sought
Philadelphia comes next in the mat
ter of exceeding most hopeful expecta-
tons. The Quakers almost repeated
New York's performance comparative
" speaking with a total of s232, 800, -
ESQ when the best the district was
called on to accomplish was SITS
900, 300
Kansas City Stacker.
Chicago rolled up an oversub-
scriptton OF $50, 900. 900. The biggest
laggard in the group was the district
in which Kansas City Is the banking
city. Instead of buylng TO the opror-
toned limit OF s125, 900, 900 or even
TO the minimum of s10o,0oo.0oo. Kan
sas City folk felt only Il s91 .7hS 900 in
terest in the loan.
Mr.. McAdoo for a week had been
working on a plan of allotments of
the bonds, assured thar the two bill
lion sale had been oversubscr ibed
When the tigures came in through
out the day, he vas able TO announce
the basis on which buyers will receive
their certificates.
The allotments will be as follows:
Up to and including subscription of
10000, 100 per cent.
Over $4,000 up and including