The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-10-18
FOUR BILLIONS OF
LOAN SUBSCRIBED



"
cause OF liberty depend upon what the
American people do in the remaining two
DAYS of the Fourth Liberty Loan cam
paIgn."
ST. Louis continues to lead with SO
per cent of It's quota subscribed. while
Minneapolis IL second with St.30 per
cent. Boston runs third with as per
cent. and Dallas fourth with $3.50 per
cent. New York continues In tenth
place with 52.7 per cent. and Atlanta
last with 1870 per cent
A statement issued at Liberty Loan
Headquarters In Washington late yes
terday sums up the situation in the DIFF
ferent districts as follows:
"St. Louis-certain OF It's quota, but
owing to influenza expects no large
oversubscription.
minneapolis - unoffcially reports
quota obtained, but is striving hard for
oversubscription.
'Boston-struggling hard to overcome
serious setback occasioned by influenza
epidemic and Is hopeful of success
"Dallas-conducting wonderful patri-
otto drive In face OF unusual discourage
ments, including drought, and is hope
full.
San Franclsco-maintaining steady
increase In face of bad AGRICULTURAL con-
d!tions in some sections.
"Chicago-having difficulty in obtain
Ing larger subscriptions.
'Rlchmond-peace talk and Influenza
have hurt the campain. but confident Of
quota.
Kansas City-a belate6 sales drive
hampered by influenza, Is giving work.
ers an uphill task, but they are strong
IN determination to win.
"Cleveand-sales improving and
Whiriwind 0Diah
New York-hopeful. but magnitude
OF problem not being underestimate:
big money must come first
Philadelphia-making a real battle
against enormous odds caused chiefly
by influenza.
Administering hard and hopeful
that unreported subscriptions make
situation better than official figures in
dicate.
Disappointing Showing Here.
Considerable disappointment accompa.
MED the announcement yesterday that
subscriptions in the Federal Reserve dis
trict OF New York on the sixteenth day
OF the drive had been only s101,271. 200.
bringing the total for the sixteen days
to fs4s,7s2.5So. or only 52.7 per cent. Of
the New York districts allotment of 81
soO.O0o.oo0. In the first sixteen days OF
the Third Liberty Loan drive the sub
scription total was IL per cent, of the
districts quota.
Large additional subscriptions con-
hnue to be made by the large corpora
tons In an effort to send the loan over.
and one bright spot yesterday was an
additional $25, 100000 subscription by
the Metropolitan Life Insurance Com
pany. This brought the total subscrip-
Ton or that concern up to $4,000, 900,
the largest by any corporation The New
York Life Insurance Company also came
forward again with $4,000 900 addi-
honal, bringing It's total subscription up
to $50. 000, 900.
yesterday said:
THE need to-day IL speed. The in
vestors. large and small. are coming in
well. but there will be a most difficult
situation on Saturday owing to conges-
ton unless the number who wait to the
last moment to subscribe Is made as
small as possible.
Corporations in large numbers are
holding meetings to reconsider and add
to their subscriptions. Individuals are
arranging to borrow who have never
done so before. We urge every SUBJ
scriber TO double his former subscription
and TO turn 1t In at the earliest possible
moment"
Subscriptions by BorouEhs.
Subscriptions announced yesterday by
he Federal Reserve Bank of New York
Tor the five boroughs of Greater New
York follow:
NEW YoRK CITY