South Bend news-times. (South Bend, Ind.) 1913-1938, 1917-10-28
DAYS
DRIVE NETS
OVER BILLION
Accurate Figures Not Ex-
peCted Before Wednesday
-SWamped With Late
Subscriptions.
Associated Press Service

Associated Press Service:
WASHINGTON. oct 1.-THE
Liberty loan apparently has pass
ed the $4,000, 100000 mark.
a last day drive Of titanic pro-
portions throughout the nation
rounded up more than $1,000. OOO.-
600 and was believed 10 have car
ried the total several hundred mil
lion dollars beyond the maximum
sum treasury officials had hoped
for.
Federal reserve banks we're
struggling tonight under an
avalanche of last minute subscrip-
tions TO form some idea Of the grand
total Indications are that they viii
not complete their calculations for
several days
Eight Million Subscribers.
At least 100000 persons
throughout the country wrote their
names on application blanks. How
many more did so will not be known
until the hBal count several days
hence. The number may go as high
as 100000
Eaqh of the II districts appear
ed 20 have passed its minimum and
indications were that most OF them
had exceeded the maximum as well.
The treasury's early tabulation of
returns based upon estimates re
4 ceived from the reserve banks
showed a total OF S4555, 900, 900.
/ This was admittedly an under-state-
ment of the result. At the hour the
/ tabulation was made subscribers
We're standing in line in thousands
OF cities and towns throughout the
country and most OF the &c, 600
banks were swamped with unreport-
( ed subscriptions. The treasury's
compilation by districts follows:
Boston. $500. 100000: New York.
! 81. 500. 100000. Philadelphia, $425.-
/ 100000. Cleveland $3.50. 200 900:
/ Richmond. S1SO,OOO,O0O; Atlanta,
| 500. 100000. Chicago. $3.50, 900, 900;
! ST Louis. S20O.OOO,0OO; Minneapolis. /
/ 100000; Kansas City, $780,
/ O0o.O0O. Dallas. $4,000. 900. and
| San Francisco, $275.OOO.O0O.
Treasury Department Confident.
/ subscriptions TO the second Lib
! erty loan probably have passed So /
! 0O0.0OO.OOO. said treasury state /
ment. From every district came the (
/ report that il was almost impossible /
20 estimate totals as the subscrip- /
! ions We're pouring in so rapidly that (
it was with great difficulty they were /
| even being recorded
New sales were being reported !
| by telephone telegraph and messen- !
! ger. il was declared. from coast 70 |
/ coast None were so bold as to say |
/ it would be possible to give an &C
curate accounting Of all sales before
next Wednesday"
Wednesday IS the day on which ]
banks subscriptions must have |
! reached the district federal reserve |
banks
Boston was one OF the first dis
! tricts 10 throw up its hands" the |
statement continued with eager |
/ purchasers Crowding every bank /
and buying booth in the district |
TAT p. m. a telegram received here |
announced il would be utterly i'm
I possible 70 provide more estimates !
1 before Monday. Late tonight another
message trickled through saying |
/ bllal Liit " Dl rtlS were R-lAll5 up new
millions and that enthusiasm was
Iunbounded
Gotham Passes Maximum.
With It's maximum safely pass
ed at shutdown. the New York dis
trict went forging ahead 5y artificial
light. Boston running up q total OF
hundreds OF millions more. An
enormous volume of business was
beins conducted tonight"
Subsequent 10 the issue OF this
statement officials were informed By
telephone that New York's total
would run up to $3.50. 1000. 600.
This would swell the departments
dgure OF S4.750.00O.6 900
Cleveland furnished one OF the
11th hour surprises, the statement
added From official figures made
public early in the day IL became
evident that many sections had been
slow in reporting and that the real
strength of the district was just be-
ginning 20 show. County after Coun-
u and city after city came through
with vast increa ses over their maxi
mum quotas. greatly swelling the
district total. which bids fair 20 go
high over the maximum OF $500
0O0,OC
Chicago. somewhat disappointed
az its slow start toward its maxi