El Paso herald. (El Paso, Tex.) 1901-1931, 1918-04-06

COVER the top IN nine working
" days" This is to be the watch
word OF the captains and team work
ers Of the third Liberty loan. as they
20 about selling the bonds. This
watchword was suggested BY Edgar
V. Kayser. IN a short address al the
saturday luncheon IN Hotel Sheldon,
in which he mentioned that S122O50
had been raised before the campaign
OF selling the bonds had begun.
T. n Wingo gave a talk Of an edu-
oationa1 nature and dealt with the
difference between the former bonds
and the third issue now being sold
he said:
Third Isn't Convertible.
The third bond is a snort time bond
and is issued for ten years only; the
others were for 20 and IS years. The
new bond bears Interest at the rate
OF Il percent Fer annum- The first
and second bonds were convertible;
the third issue is not convertible.
Either OF the two former two bonds
may be exchanged for the third issue.
any time after today, or they may be
held and converted into some subse-
uuent bond issue. The interest on
these bonds VIII be PAYABLE on Sep
TENDER is and March Is. The secre-
tary OF the treasury says the third IS
printed and II Is believed they viii
be ready for distribution within the
next six months"
Parks Taking Subscriptions.
Many subscriptions are being re-
ceiVed at the banks. II was reported
people who desire 20 buy the bonds
are applying 10 the banks
Local banks have not made any
subscriptions to the loan as yet and
viii probably not make theirs public
until toward the close o. the drive, q
cay or so before secretary McAdOO I
arrives here, so that the executive I
committee may tell lTr. McAdoo that I
III Paso has oversubsCribed-
The largest individual subscription
reported was received by district one I
from Krakauer, York & Moye, s l. !
sehwarfz's Men Get. $4,000.
Maurice SChWartZ's committee was I
the topnotchers with a total OF 3Z,400 !
rs a starter. A report was made also Z
that the Verde Combination Mining
company had come in with $4,000.
The Schwartz committee workers
landed the following Newman In
Eesrment company, $4,000; Popular
krupp, 5000; Goldberg Brothers.
500; S. ]. Prudential, $500; F. ".
Woolworth company, $500; A. Math-
las $1,000; Houck & Dieter company,
$1,000.
Powers Landa sG55O.
Tom Powers reported the following
subscriptions totalinE $3.50, to his
committee: A. J. Kyle. NJ C0nnerton,
MS D. lane, $1,000 each; F. n. Hail
National Loan company, c Fl. Lester
Tom Powers. W. Fl Trus5sl $500
each; n C. OTerstreet, Jim Williams, .
s W Bernard, ". H CASTOR, s100 \
eachf A h Parsons, Roy MulnoL s / f.
Shauks. a Mcdonald. Ed Warren. J. !
y. Brown, Otto Maddox. D. D. Dumont Z
Ara T. Forest, W 3. Sands. J. B
Madlingtons J. s. Mckee, :. Alaman ,
$50 each.
Many Individuals Buy.
banks were:
Fred Newman. $500; Emma Ande-
berg 800: ORC Iron company, Orc 3
Eraude, n. H.. $1,000; Miss Aileen Berg,
$500; Texas Employers insurance.
company 5000; G 3. Hudspeth, $1,000 n
Ars- Charles Levy. 500: Charles Levy, :
il4ls Runkie and Peacock, $500
Captains Give Reports.
District captains reported as fol- =
lows
District No. 2. s24.s5o: No. 8. ssl5o:
10 q, $4,000: No. g, $500; No 10,
$3.50. No. IS fschOoi teachers). gSs5Q:I 2
No II, 500. No. IS. 4f50: No. %, 1890; / I
No . fJuarez)s $4,000. 4
Team Contests a Feature.
Friendly competition between the }
captains OF the various teams Is TO be
one OF the features Of the drive that
81 IS believed VIII make the progress / r
q the camnaign Goubly interesting. {
Horace " BrOaddus. captain Of team J {
number two, which VIII work IN dis d