Every evening, Wilmington daily commercial., 1918-09-09
DEL AWARE TOOK LEAD
IN LIBERTY SURPLUS
This District Took First Honors
in Bond Buying; States Over
subscriptions Greatest.

This district led all others in sub
scriptions to the third Liberty Loan,
according to the population. Delaware,
too, led in ovcrsubscriptions. Her quota
was fixed AT SS, SCI $50; her subscriptions
reached 0.396, 800, or an excess Of
2966
These figures have Just been completed
by the Treasury Department, which also
show:
OF the men, women and children in the
district 25.2 per cent. or more than one
in every four, bought bonds. Chicago was
the closest competitor IN the II Federal
Reserve districts into which the county is
divided, that districts percentage being
24.7 of the population.
Next came Minneapolis with 236 per
cent, closely followed bv New York with
32.2 per cent The other districts in order
stood: Boston, 2l.7 San Francisco, I'll;
Kansas City, 16; Cleveland, l5.4; Dallas,
l2.7; st. Louis, 1877; Richmond, %, and
Atlanta, IS The Third, or Philadelphia
district, takes in Pennsylvania east Of
Iohnstown, New Jersey south of Trenton
and all Of Delaware.
III PER CENT or PEOPLE BUYERS.
Secretary McAdoo said that more than
-
States should subscribe in order to make
the third loan n complete success. IL
turned ont that III per cent of the people
subscribed. based upon an estimated
population of 03,620,2 ,273 The percent
age for the nation wns brought down by
the comparatively fewer people sub
scrihing in the Southern States; although
in the matter Of large individual sub.
scriptions the South did SO well that
quotas were everywhere greatly over
subscribed
Quotas werc based upon tho bank rr-
serves IN the various districts ut the time
the loan was floated On this basis, Phila
delphia's district quota was fixed Mt
$3.50 0o0 ,000. and the amount actually
subscribed was S36l ,o63, 500, or 1870
per cent While this district stands first
rs to percentage Of population subscribing,
II drops 10 sixth place in percentage Of
quota subscribed First IS Minneapolis,
with I12 - per cent; second. Kansas
City. i56 90: thIrd, St Louis, 1887 and
the other districts follow IN this order:
Atlanta. 1924 Dallas ii527. Phlla-
delphia. l4479; Richmond, 1897; hi
Cago, AS 26: Boston, Ill 81. San Fran
cisco, 1878; Cleveland, 1892. and
New York, 1230l
But before looking down on New York
for being AT the foot of the lust IN the
matter Of ovcrsubscrlptiOn, Just bear in
mind that New lork's quota was fixed
at 5000, 600. 900, and that the actual sub
in that district were sl.tf5.-
243 $50 which Is considerably more than
nne-quartcr of the entire amount, 81. l16.-
sit $50, subscribed IN the whole country.
now THE STATES CAME THROUGH
4.
reveals further surprises. The District Of
Columbia easily leads with 3d. per cent
n population subscribing Iowa comes
second. with % ni. with South Dakota %
even, a close runncr-up In this classlt-
-ation Pennsylvania makes a good show
ing with % per cent while New Jersey
figures Is q 4 and that for Delaware, the
other state represented IN the Philadelphia
distinct, Is l9a This further analysis
would make IT appear that Philadelphia
hrst place as 10 subscriptions BY districts
is due to the large number oi individual
taken IN PENNSYLVANIA cast
1f John~tuWn. The western part Of the
state beng in the Cleveland district
DELAWARE IFp IL ovERsUBsCRIPTloN. |
And another odd turn that the figures
axe i that. while Delaware is shown 10
az hchiud The res of the district III per-
,cntge 81 population subscribing. she leads
he whole nation in oycr~1b>crlpflon Of
quota Her quota was SS,5otl $50 and the
actual subscriptions were S2j.396, 400, or
1a6 4 per cent Alaska comes second with
- 6 per cent, and far-off Hawaii made a
most respectable showing with l33 , per
.crt New Jersavs percentage Of quota
subscribed was l55 and Pennsylvania :
1902
Hoboken. \. J., city composed
arcely II German population, stands first
n the list Of individual cities as 10 per-
,entage Of population subscribing With
/ population Of 1928 bond sales were
made 10 70. 1887, or 81 Z per cent Other
.ities we'll up in the list are: Altoona, 35.7
Erie, 4q4, Harrisburg, - s; Johnstown,
20. Lancaster, 2j.7: Reading, %. Scran-
on. 50 3. Trenton, p, Wilmington, POS;
Wilkes Barre, 81
MANY SMALL SUBSCRIBERS.
In the third loan it was found that the
Teat bulk Of the subscriptions came from
PERSONS Of moderate means, who pur-
hased in amounts Of $50 TO $4,000. |
There we're IS, 8,30S, ,325 purchasers in I is |
lass, while there were II ,236 who bought |
rom SO 900 to $50 600, 3,53S who |
,ought from so. 900 to 500. 900 905 |
rom 500 900 to $500. 900. and so from
200 900 upwards
In the forthcoming campaign, accord |
ng TO the local Liberty Loan Committee. |
While il Is expected that the great army |
f smaller purchasers viii be as much 10 |
violence as before, yet II will be necessary |
o induce many more Of the large sub |
criptlons in each district IN order 10 raise |
he S. 900 600 600 which II is thought the |
oycrnrnent will ask for In order to |
ecurc tbese large subscriptions, moneycd |
zen vii! be urged to use their credit in the |
anks freely and % take advantage Of the |