Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1918-10-22
FULL AMOUNT OF
!. LIBERTY LOAN To
Be MADE PUBLIC
BY NEXT MONDAY
Good Ground to Believe That
Estimate Of Twenty two Mil
lion Subscribers VIII Prove
to Be About Correct
--~---s-~~-
SEVERAL CITIES MAY
REDUCE FIRST GUESS
Stories of Real Sacrifice Hard
Work, Clever Selling and
Enthusiasm Are Still Pour
ing In
SEVERAL CITIES MAY
REDUCE FIRST GUESS
70, MORNING. ,ooea.l spre,At LEASED w,sr,

,sv noHAne JouRnAL SPECIAL LEASED WIRE,
Washington. Oct. 21.--After read
ing number Of late reports on the
outcome of the Fourth Liberty Loan
campaign which closed Saturday,
treasurv officials declared tonight
there is little certainty at TINS tlnle
either of the total volume OF SUD
scriptjons or the number of subscrib-
ers They still felt no doubt that the
loan had been over-subseribed put
explained that many earlier messages
appeared too optimistic in the hght
of actual figures now being compiled
by every bank and local committee
Some cities which at first reported
they were heavily over-subscribed
now discover that they barely went
over their marks.
There was good ground. however,
for the estimate that 22,00O,O0O or
more individuals had subscribed 70
the greatest war loan ever floated py
any government The fact that many
of these represented lump supscrip-
tions by corporations which later
would resell bonds TO their employees
led to the belief that the number of
actual bendholdrrs would be consid-
erably higher.
Wait OH Exact Figures,
Owing to the present uncertainty,
the treasury expects to make no fur
ther announcement concerning the re-
suits of the loan until definite and
official figures are received from
each federal reserve bank. The first
of these reports is hardly looked for
before next Monday, and the final
l,t hn
weeks
A digest of reports so far received
indicates clearly, officials say, that
the house to house canvassing meth
cd, or the system of having citizens
call voluntarily at polling places,
should he used much more extensive
ly in the Fifth Liberty Loan cam
paign set for next spring.
Stories of self-sacrifice, by individ-
uals and business interests, Of fine
records of loan workers, of unceas
ing effort throughout three weeks
period, of clever methods and eff
cient craftsmanship, of enthusiastic
determination which STOPPED at nei-
ther moral discouragements nor ply
sical handicaps from influenza ILL
ness are reaching the treasury in ey-
cry mail.
Deeds too Great for Thanks
words of thanks seem, paltry in
the face of the deeds being reported"
said one official.
The navy subscribed more than
$40 900 900, said an announcement to-
day by Rear Admiral Cowie, navy
Liberty Loan officer, and this figure
will be raised by later reports The
army also made fine record, but
the figures are vet incomplete Cen
eral Pershing cabled that up to Octo-
ber IA, members of the American ex-
peditionary force had subscribed ST.
270,O00 and that this probably would
run to two millions or more.
Officials and employees of 81 ship
yards subscribed $35 1886. 500, the ship
ping board announced If the other
l06 yards maintain the same ratio,
the grand total for the industry will
be about $75,000,000. an average of
more than $3.50 per man.