Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1918-05-07
FIGURES OF LOAN
CONTINUE TO GROW
Fifth District Will Exceed Its
Quota by Many Millions
of Dollars.
EVERY STATE OVER ITS MARK
Richmond's Total Will Be Be-
tween $12,7o0,Ooo and
$12,eOO,OOO.
EVERY STATE OVER ITS MARK

Subscriptions reported TO the Federal
Reserve Bank yesterday showed the
wonderful response Of the people OF
the South to the third Liberty loan
bond Issue. and the remarkable work
done in the closing hours OF the CAM
paign Not only did the total, accord
ing TO incomplete figures tabuiated
last night. reach the liberal estimate
of an oversubscription of $4,000. 900.
but went forward nearly s4.0000OO ad-
ditional. and indications point to an
excess of between s35.oO0.o 900 and s40,-
100000 when final official figures are
available.
Reports made to the reserve bank
yesterday showed that every State in
the district had substantially passed
it's apportionment. as was forecast by
officers Of the bank. Through Sutur-
day night and Sunday kilograms
poured into the bank, and yesterday
there was dclugc of postcard sub
scription reports. Tabulations OF the
reports made 10 o'clock yesterday
afternoon showed the districts total
to be sl5S,s43.soo. against it's allotment
of $4,000, 600.
RICHMOND TOTAL WILL
EXCEED S1.,1OO, 900
Final figures are expected TO show
total subscription in Richmond be-
tween sl2.10o,000 and sl2.900.000, mem
befs Of the committee declared yes
tcrday. At the close of business Satur-
day subscriptions amounting to Slight
~ more than Sl2,5o0,o00 had been
placed but il was known at that time
that all pledges had not been tabulated
by the banks. Only slight increase.
however Is expected, since bankers
kept fully posted on the subscriptions
placed as campaign progressed.
Virginia had oversubscribcd its quota
by more than s1.0o0.0o0. according to
the reports made TO the reserve bank.
while bankers expect this figure to be
materially increased. Members OF the
state committee were tabulating final
returns yesterday, but no official figures
will be available for several days.
Every bank in the state has been di-
rec:ed TO report to the committee and
many had responded yesterday Against
its apportiS nmcnt Of S30.O00O00 the
STATE al o'clock had reported s37.-
1S6I0o.
EVERY STATE IN DISTRICT
ENCEEDS IT'S QUOTA
Governor George j. Scay. OF the
Federal Reserve Bank, VAS advised by
the District OF Columbia committee
ycsterday afternoon that Washington
fully intended to subscribe the s2J.-
100000 indicated several days ago. The
district was the first to reach it's al
lotmcnt OF s13,00o,0oo, and last nigh:
had reported sl9,779,O0o. Bankers Of
the district expressed confidence, 1t was
declared, that the additional s5.2oO,0oO
would he shown by official returns
II was evident that Maryland Will
not fan far short OF the estimate made
Gu saturday by the State committee
Its subscriptions aggregated s43.-
o"."1c, and nnal returns are expected
10 make the fetal fully s45,0o0.00O.
which would y" AT oversubscription of
about S1.oo0,oGo. West Virginia also
responded remarkably III the last few
hours of the campaign. ard its appor-
tion:ncnt cf sl6,o00,OoO was ovcrsub
sciibcI by more than $1,000, 000 South
Carolina reported q substantial excess,
with subscriptions of sl7.750, $50
against it's apporiionment OF sl4.
100000
An official statement from tho bank
'howed'that 1.'95 of the 1894 financial
institutions in the district were report
ing tc ficnmonG. Final reports must
lie made by the banks TO the reserve
bank tot Later tilan Thursday, and the
total subscription or the district will
no. lie known Until that time. No total
OF the rumber o! subscribers to the
third loan can bn made until that time.
SEtY ISSUES 81 iTEMENT
OF OFFICIAL RETURNS
Governor Sea- issued the following
statement yesterday afternoon show
ms sabacrip'i"ns received until 3
o'clock.