New-York tribune., 1918-10-22
Official Totals Will Not Be
Given to Public for
Several Days
New York District
Is Sure of Quota
Soldiers Overseas Lent
$1,2o7,ooo, Shipyards
$35,386,8OO

the eWelve Federal Reserve Banks still
indicate a sat .sfactory oversubscrip-
tion of the Liberty Loan, treasury off
clals las: night expressed belize that
flnal figures would not reach the
enormuos total of earlier predictions.
Unofficial returns were more opti-
mistic. Philadelphia, which Jagged far
behind until the end of the drive, was
reported yesterday to have exceeded
its allotment by several million dol
lars. New York attained and probably
went beyond what was considered an
almost impossible total. New England
trlumphed over the ravages of inf1u-
enza to the tune of $44,3S70OO over
the quota of s5o0,o0O,Oo0, with 15s
banks yet to be heard from. The
Chic = district last night announced
an estimated over-subscription of s32.-
100000.
Weeks Delay Likely
1t was stated in Washington that It
may be a week or more before the
grand totals are ready for publication.
Officials said there was little certainty
either as to the amount subscribed or
the number of subscribers. There was
no reason, however, to change the orig
mai estimate of 22,000,0O0 investors.
Inc tact that many corporations SUBJ
scrloed lump sums in the names of
thousands OF employees will probably
raise this figure to s25,OOO.O0O or
more.
Figures available yesterday were
gone over by Benjamin Strong gov
ernor of the Second Federal Reserve
District, and the Liberty Loan Commit
tee Tor New York City, but at the re-
quest of the Treasury Department no
estimates were given out. Authoritive
statements are not expected until
Thursday, when all the national dis
trlcts are required to complete their
totals.
New York Reaches Quota
While hesitating to make premature
estimates, officials said the GROWING
lists gave them added assurance that
the New oYrk district has fully sub
scribed. if not exceeded, it's allotment
OF sl,So0,000,o00. By driving through
to this goal, despite the influenza epi-
demlc, German peace maneuvers and
the calls of the recent draft, New York
has performed historic feat of money
salsing' officials pointed out, even if
the quota is not overtopped.
Messages from France received ves-
terday, carried proud record for the
men men OF the American Expeditionary
Force. General Pershing cabled that
up to October Ia, soldiers overseas had
subscribed $1,2O7 900 to the loan. and
later returns are expected o add two
OF more millions to the amount.
Rear Admiral Cowie, of the Navv
Liberty Loan Office, announced a sub
scrlptlon OF $40 100000 by the sailors
be larger. '"'"
Shipyards Lend s35,3s6.8oo
Officials and employees of ninety.
seven shpyards bought S35386. 500
worth OF bonds, and the shipyard board
predicted that total of v75 900 600
would be recorded for the industry
when the remaining 106 wards are
heard from.
brooklyn- the first Of the city's bor-
oughs to 20 over the top, reported last
night an oversubscription of S5 323 zoo
ana IN the final checking up it is he,
lleved the loan total will reach SEQ
ooo'ooo. This will be $10,OO0,oOO more
nan the government asked. An honor
nag was raised at Borough Hall and
enthusiastic crowds were addressed hv
Borough President iegelmann and Ed,
win P. Maynard, chairman Of the loan
committee. "A'
Inc eight sub districts of the Second
federai reserve District, excluding the
greater city, reported definite oversnb-
Scrlptlons. The exact figures were not
yet available, but the chairmen an
nounced IN each case that the minimum
mark would be overshot anywhere frorn
o to so per cent.
Sub District No. 6 Leads
Sub district No. 6, COMPRISING LIMO
island and Staten Island, leads the
field with a record of 150 above the
zero point '''o
by Yesterdays recapitulation it was
learned that the Rainbow Division sold
bonds amounting to more than $50 900
900 IN the various New York hotels and
restaurants. The record includes Hotel
Astor, $500 GOO; Sherry's, $2.461 800:
riaza 81 22l 900; Ritz Carleton, ST..
SEQ COO; McAlpin. 81 500.O0O Lafayette
81 5o2,65O; Arrow Head Inn. Sl.l5l 800
A cablegram from France reported
that all of the Knights of Columbus
overseas secretaries bought bonds
duplicating the 100 per cent perform.
ance of that organization on this side
of the water.