New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-06-15
$95O,OOO,0OO Had Been
Subscribed at Close of
Business
Bankers Pleased
By City's Response
Work for the Next Loan Is
Done Already, Says
Vanderlip

600 to the Liberty Loan. Later esti-
mates showed $3.50 100000.
In New York City only one borough
was tagging far behind what had been
expected of it. Brooklyn, so far, has
failed to respond as it should. II was
expected that s54,16s,OOO would be
taken up in the County of Kings.
Only 100000 of this had been sub
scribed yesterday.
Bankers expressed great satisfaction
at the manner in which the city had
shouldered the burden laid upon it.
81 am not surprised" said j. P. Nor
gan. "The American public always
does It's duty when it is properly pre-
sented to it. They stepped up to it this
time. We are all delighted with the
results"
81 am simply delighted with the sue
cess Of the loan" Frank L. VANDERBILT,
who had been devoting all his efforts
20 attaining that success, said yester-
day. 1--WE all worked hard for it and
we want to say that the newspapers
have helped US tremendously in popu-
larizing the loan"
When asked what effect the success
Of this loan would have upon future is
sues. Mr.. Vanderlip continued:
1.-THE work for the next loan and any
subsequent loans is done already. The
American public has demonstrated that
it is educated 10 this need.
Easier for Future Loans
"That is the foundation that will
make it easier for US TO build up fut-
ure loans" =,
At noon yesterday the city sounded
like a not too faint echo Of New Years
Eve. In all churches the chimes were
rung TO warn the people that only
twenty-four hours of opportunity to
subscribe lay ahead of them. Factory
whistles and the sirens of boats on the
rivers took up the message. The chill
dren in all schools stood for FIVE min
utes and sang patriotic songs.
All afternoon subscriptions flowed IN
in a never-dwindling stream. Practical
" every bank in greater New York re-
NAMED open until late last night to
accommodate the thousands Of tardy
purchasers. These subscriptions were
not all small by any means. There
were many of 100000, and not few
of $1,000 900 and over.
According to Benjamin Strong, jr.,
governor of the Federal Reserve Bank
of New York and chairman of the Lib
erty Loan committee. much OF the
credit for the success Of the loan IN
this district should go to Guy Emerson.
vice-president of the National Bank OF
Commerce.
Mr.. Emerson had active charge of
the publicity work of the committee.
Additional Lists Sent In
The big banks and trust companies
in the financial district sent in addi-
tonal subscriptions to swell the large
amounts already reported. The FIRST
National Bank, as before, led the list,
with a total of sl05,000,OO0. The
Guaranty Trust Company came second,
with s75,O00,OOO. Others were; Bank
ers Trust Company, S53 900; Ma
tional CITY Bank, $4,000 900; National
Bank of Commerce, S5O,OOO,OOO; New
York Trust Company, S14,000,O00; Co
lumbia Trust Company. Sl6,OOO,OOO;
Chase National Bank, si5,000,OO0; Me-
chanics e. Metals National Bank. s23,-
600 600; Importers & Traders National
Bank, S5,500.000.
In practically every instance these
subscriptions include those of the banks
themselves and their customers.
Subscribers through the Columbia
Trust Company. who have taken $780,
600 or more of the loan were: New
York Life Insurance Company, $4,000
600; estate of Jacob Langeloth, 81 ,OOO,-
900; Charles D. Barney G. Co., $1,000
900; Frederick G. Bourne, SS00,00O;
Mutual Chemical Company, S750,O0O;
J. e. ". Seligmsn & Co., 100000;
Brown Brothers & Co., 100000; Pru-
Dental Insurance Company Of America,
S50O,OO0; American Beet Sugar Com
pany, $500, 900; Cerro de Pasco Mining
Company, S250,000; Phoebe A. Hearst,
100000; New York G. Pennsylvania
Company, 100000; Homestake Mining
Company, 100000; Alexander Kontor,
sl35,000 Frederick w. White. 100000;
Benjamin & Ferguson, 1921 900. Co
lumbia Trust employees have taken $751;
co.,
The Importers and Traders National
Bank has entered subscriptions for
itself and customers as follows: Bank,
$4,000 900; Heidelbach, Ickelheimer e.
Co., S1.0OO,0O0; Central Leather Com
pany. 100000; L. W. Bliss Company,
S500,00O; Adolph Lewsohn e. Sons,
S2jO,O00; United States Life Insurance
100000; Mrs. Martha Bell Mum, $780,
600; Lawrence Marx, $4,000; Schank.
Cowl e. Greims. $4,000, and A. G..
Spalding & Brothers, $4,000.
Individual subscriptions included Muir
ray Guggenheim, 100000, Sol X.
Guggenheim, 100000; Adolph Lew
isohn, 100000 Total, S3,500.000);
Simon Guggenheim, 100000; Edwin
Gould $4,000; Cornelius Vanderbilt.
$4,000; Herbert c. Tell, 100000;
Horace de Lisser, $4,000; Albert J.
Elias, $4,000; Mrs. Cornelius Wander
bilt. s250000, and Henry Phpps, ST.
100000.
Other subscriptions included W. r.
Grace e. Co.'S Bank. SO 100000; Atlantic
Pacific Steamship Co., S250000; f.
b. Keech & Co.. 100000 Total S2,50O.-
OOOJ: American Wooden Co, 81 900 900
Santa Re, 100000 Total 0000) I;
Universal Transportation Co., $3.50 900:
Zimmerman e. Forshay, 5000 900 total
100000; Adams, Davis e. Bartol
$4,000; Ladd G. Wood, 100000;
Harrison. $4,000; Asiel & Co., $780,
American Book Co.. $4,000; J. W
Davis g. Co., 100000; Halstead &
900; Pomroy & Co.. $4,000: London
Assurance Co, 100000. Caseller Color
Co.. 100000; Bernard, Scholle & Co.
100000 (toal $1.35O,000); William
Solomon & Co., total TO date, s6,lS8,250;
II. J. Baker & Brother. 100000; BAN
berger Brothers. $4,000; W. a. j
Sloane, 1901 900; trustees ST. Parick's
Cathedral. $4,000; Rothschild g. Co.
Si.500O0O; Utah Copper Co, $1,000
900 total 100000. Manufacturers
Trust Co., Of Brooklyn, $3.50, 900 (total
sl.7J0 900: Eugene MeYe.. =. & Co.
tl50.O0O total 81 $4,000; Dominck g.
Dominick. si92.Co0 total Sl.s000O0l ;