The Birmingham age-herald., 1917-11-08

Half of the oversubscribed sum will be accepted. making the actual total of bonds to be issued sS.s0S. .76s.15o. Ninety-nine per cent of the subscribers will receive the amount for which they bargained all subscriptions for s5o.ooo or less being allotted in full. and those above that amount being pared down in varying preparations, ranging from a 90 per cent allowance on subscrip- tions between s50.Oo0 ana s1oo,e0o to 4u per cent for the largest single sub* scription of $50,0OO,Oeo.
 LOAN COMPLETE SUCCESS
 ''The success of the tecond liberty loan, like that of the first. is a dis tinet triumph for the people of ths United States" said Secretary McAdoo, announcing Ire loan results tonight. Tt not only demonstrated their abil ity, patriotism and resources, but. au- gers ths certain success of any fu- ture loans that may be offered by the goveyhment."
 NO JANUARY CALL
 rhe Secretary added denial Of re- ports that the third loan would be so- iiciated in January. 1918. Tn view of the large oversubscription of the sec ond liberty loan.' he said, T am glad to state that this will not be neces- sary.. It has been generally under stood that the third loan would be sought probably in late February or early March, next year.
 TABULATION BY DISTRICTS
 The New York federal reserve dis trict subscribed nearly three times as Chicago. The results in each district follows:
 New York: Total subscriptions, s1,- $50, 453, ,45o; quota, $90000o, ,000; per cent of oversubscription, 72.
 Chieago: Total subscriptions, s5szs-s S5S,s5o; quota. s420,ooo,000; per cent of oversubscription 39.
 Clsveland Total subscriptions, $4S6.- l06,S00; quota, $500. 100000; per cent of oversubscription, 62.
 Boston: Total subscriptions, $4T6,- 950,050; quota, s300,000,00o; per cent of oversubscription, 59
 Philadelphia: Total subscriptions, $3so,S50,25o; quota. s250.000,oO0; per cent of oversubscription 52.
 san Francisco: Total subscriptions, S1S3,p t1s1o QuOtds SzlutUUUsUUU. per cent of versubscriptions S9.
 Richmond: Total subscriptions. $201,- 212,500; quota, $120,O00,000; per cent of oversubscription, 6S.
 St. Louis; Total subscriptions, $1S4.~ 2S0,750; quota, s120,000,000; per cent of oversubscription, 54.
 Kansas City: Total subscriptions, scent of oversubscriptiou, 2S
 Minneapolis: Total subscriptions. sias. seso; quota s1uS 600; per sat 9EeSp oscriptions. s4 s AflsN Eet saibscsiy tionssf ss e eaosa Haf per cent cf 0Kea'Hs sARe8
 tsssi'ss eSsi 7,s9as $50, qaat a2 e9 eel at of NoversubscrIr taas
 NAlthough only es oE ab scrip ti@ns were for sums a so.OO0. Cor which only partial alloti.4sgsts will te ma&e, $2, 100000, or nearly half the biz aggregate, was made up by the larger sums.N More than S750.010,000 were suo- scribed in individual amounts of more than $3NSO0,O00.
 PLAN OF ALLOTMENT
 The allotment of subscriptions of $50 GOO was authorized by Secretary McAdoo as follows;N
 Between sSsooo and sioo,ooo inclusive, 70 per cent, buE not less than s5o,0o0 will De allowed, Weduclng S36D,VVuv Euo- scribed to S323, 100000 issued.
 Between s11o,0EN and s2o0,oo0 inclusive, 75 per cent, butW not less than S90,000.0B0 will be allowed, Reducing s242, GOO, 900 sub- scribed to S1S1. .0o00eo
 Between $200000 and si000.0o0 inclusive, 60 per cent, but not less than S150oo9 will be allowed. reducing S.56, 900 sub scribed to Si55, 600. 000
 Between s1.000,0 600 and $S,0oo.0o0 inclusive, 50 per cent. but not less than s600DO0 al lowed, reducing s47o.o00,Na0 subscribed to 1 s235 000.00O.
 Between sS.000,0oo and $Sp. p.0oo,00o iaclu- sive, 412 per cent. but not less than s4, 600 900 allowed, reducing s25o,oOo,0oo sub- scribed to s103,000, 900 issued Only AS per cent of the single S5o,00o,eo0 subscription, the largest received. will be allowed, making the issue O.4o7, 6oO- Subscriptions to the first liberty loan,
 (Continued on Page SevcnD