The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1918-10-04
IOWA FIRST IN LOAN
TO GO OVER THE TOP
They Get Great Credit for Speed Of
saIes-Navy is Buying Bonds
Heavily.

ncdNiiy.
Washington, Oct. Iowa is the
first State TO notify the Treasury that
ii had oversubscribed its quota for the
Fourth Liberty Loan. The report
came through the Chicago Federal Re
serve Bank in a telegram from c. H.
McNider. Director OF Bond Sales for
iowa The amount OF subscriptions
reported from the entire State was
S1fS,920.500 The States allotment
was S147,0OO,OOO.
The speed indicated in reports from
the Minneapolis district afford some
basis for expecting that Minnesota
may prove to have matched lowa's
record. Every part of the State has
been appealed to and all the loan liter.
ature put out. The various loan ex-
hibits and train displays of military
relics went over the State last week
and some of the exhibits have now
gone on to other Western States.
A telegram was received from Min.
neapolis tonight saying:
in a town in South Dakota a farm.
er of German descent called upon the
local committee and asked the
amount of the towns allotment. When
he was advised that il was $4,000 he
said; have a boy in France and I
wish to subscribe my towns entire
allotment in order TO prove to my boy
that ! am backing him up to the
/ limit
Commenting on the incident, the
telegram added:
"Of course, the town will sell its al
lotment in addition to this, but the in.
cident shows the sentiment OF many
people with the boys at the front"
/ Great difficulty is being experienced
in obtaining official figures on sales
/ from the different Federal Reserve
districts. Many committees are find
/ ing ii impossible to induce their sub
committees TO stop selling long
enough to make reports to them.
Much credit for the speed with
which sales are being made is given
to the twcniyfour war exhibit trains
that arc moving through the country.
In the New York districts, where war
exhibits are not flew thing, more
than 100000 worth OF bonds we're
sold from the trains yesterday. and
similar responses were reported from
Other sections
Many reports OF oversubscriptions
are coming from communities in the
Dallas tTcyasl district which are be-
ing visited by the trains. More than
100000 PERSONS have passed through
the trains in the Cleveland district
and subscribed to more than $4,000.
0G0 worth OF bonds.
About $50.OoO,0OO worth of bonds
had been sold in the San Francisco
district at the close of business last
night The San Francisco and Sacra
mento Women's Committees respec
lively sold $2O5750 and $4,000 during
the first two days of the drive. Sub
scriptions in Hawaii on the opening
day were S3.461 500. Oregon was on
the point OF oversubscribing its quota
at the close of business last night
and it may still dispute Iowa's claim
for first honors as it did during the
! Third Loan campaign. More thar
fifty communities in California hay,
claimed honor flags.
Thirty-two communities in the
Cleveland district already have over
subscribed their quotas, and more
than $10.000,0OO in subscriptions ha.
been officially reported.
The st. Louis district was so busy
selling bonds today that 1t made no r,
port. Richmond reported that sale.
throughout the district continued
good, particularly in Baltimore
:, where approximately $40, 100000 ha.
been subscribed Richmond has sub
scribed more than one. fourth of IL,
quota. Sales for the entire distrlc
total we'll over $4,000 900.
Total subscriptions in New Englant
for the first two days were SGT l2s.
600. OF this amount Massachusett.
has subscribed more than $4,000. 600
Admiral Cowie, in charge of IN,
campaign in the navy. stated tha
probably $3.5OO,OOO had been sub
scribed Vice Admiral Sims, com
handing the American naval forces II
European waters, cabled to Admira
Cowie today that one dreadnoueh
had subscribed $llS,55O and anothe
100000. The Mare Island Navy Var,
today sent in an initial subscription
OF $715,550
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