New-York tribune., 1918-05-05
Final Spurt Sends City and
Tagging Sub-Districts
Far Above Quotas
Total of $163, ,42O, 800
Reported for Day
Leaders Are Particularly
Pleased With Showing of
100000 Subscribers

New York emerged from its lassitude
yesterday and brought it's subscriptions
to the third Liberty Loan far beyond
the minimum allotment of 5000, 0,0oo,0 900
Up to 6 o'clock last night tabulations
showed that 1926, 10000 had been in
vested in the Second Federal Reserve
District. Loan workers declared the
final returns would place the metropoli-
tan district over the one billion dollar
mark
Literally tens of thousands of per-
sons yesterday took up the burden of
lifting this district from the rut of
undersubscription. There was no dis
position to shift the task to the large
buyers. Dollar-a-week customers flowed
IN an lncessant stream to the banks
and booths Of the city from early
morning until midnight. The announce
nent at City Hall at noon that the city
and the district on the last day of the
drive had passed the official quota did
not diminish the zeal of New Ycrk's
patriotic army of war savers.
100000 Subscribers
Although the total subscription in
this district probably will be less than
that of the drive of last October the
third Liberty Loan was a far greater
popular success than either of the pre-
ceding ones. Benjamin Strong, chair
man of the Libery Loan Committee
here, estimated that 100000 persons
out of total population of 13,OO0,00O
had bought third Liberty bonds, COM
pared with 985,150 subscribers in the
first and 2,182,017 in the second
The wage earners of the city and the
small business men carried the brunt
of the allotment The Federal Reserve
Bank announced that an incomplete re-
port showed more than $4,000 coupon
books had been sold in the city to par
tial payment customers who buy bonds
out of their weekly earnings, compared
with 100000 partial payment sales in
the second campaign.
The Endorsement of Americas fight
for the liberalization of the world that
these mathematical facts implied was
emphasized by Mr.. Strong in his off,
cial review of the loan on behalf of the
Liberty Loan Committee. "The success
of the Liberty Loan" Mr.. Strong said
last night, sis message which will
hearten our fighting men and again
prove to the German people that we
are in this war for victory.
"This district has raised more than
100 per cent of its quota. The Liberty
Loan Committee feels highly gratified
at this result, and desires to express
its deep appreciation of the unstinted
service rendered during the campaign
by hundreds of thousands of workers.
Days Gain, S163, 3,420.36O
"The raising of so large a sum is a
big task, and the result in dollars is
q credit to the people of this district.
But. gratifying as the resul. is from
a standpoint of dollars, the showing
as regards individual subscriptions is
even more pleasing. 1t is impossible
to state accurately how many indiyid-
uals in this district have bought bonds
OF the third Liberty Loan We believe
the number is around four million.
Thls is marvellous showing. and
there can be no surer or more inspir-
ing proof of the fact that the people
are united to win the war. cost what
it may"
Estimates from Liberty Loan head
quarters, indicated that every sub-dis-
[ict and every large city of the Second
Federal Reserve District had overleap-
ed its quota. Only the Buffalo. Roch-
ester and Syracuse and Utica sub-d
trlcts failed to show 100 per cent of
their quota subscribed in the early
hgures, which for those parts scarcely
included any of yesterdays enormo GUS
SUBSCRIPTIONS. The gain announced
uey oNSI tHc previous total was
$163,420,360.
Every borough in the city passed its
minimum. Richmond led with a total
log per cent in excess of it's quota
Manhattan, according to the incom
plete record, filed subscriptions of
= S6lS,S97 900, against a quota of S618.-
$4,000. The Bronx was just 81 900
oyer the minimum. The entire district
had taken 103 per cent Of it's allotment
/ Lhe oversubscription will be shown bv
!: the complete figures, which will be
:, available late this week.
Slogan Spurs Thousands
In the. moving thousands in the
streets of New York one could sense
the collective striving to save New
York from the disgrace of doing less
tnan Its share. The slogan "Match the
President" spurred many hundreds te
buy another $50 bond. The partia
payment sale had its biggest day yes.
serday Great blocks of workers tool
g from their pay envelopes to paw the
first installment. ''>
Inc analysis of the results of TWEEN.
y.ive days OF campaigning in this dis.
tsict as revealed by the Incomplete re
turns follows: 1e
NEW YORK CITY