New-York tribune., 1919-05-06
BUSINESS NEWS BUREAU.
Tribune Building
I51 Nassau Street
Rainbow Division
Still Far Behind
Its Loan Quota
Big Rush to Buy Victory
Notes in Closing Days of
Campaign is Predicted by
Leaders

When subscriptions aggregating only
I Si9. .523. .t60 were reported as the total
for the day in the Rainbow Division
yesterday, Craig Colgate, chairman of
the advisory trades committee. said
that the campaign in the trades and in
dustries was progressing extremely
poorly. But he added that the Rain
bow Division under the stimulus of
the intensified efforts of the closing
days of the drive would fill its quota
of s669, ,12S, 900, of which only 33 per
cent has been subscribed thus far.
The need of the situation was ex-
pressed at meeting in the afternoon
of the wholesale drygoods and allied
trades committee at the Merchants
Club.
"Any who fail to subscribe to the
Victory Liberty Loan will be marked
men," Bertram H. Borden, chairman OF
the committee, said. "The excuse that
YOU have no money will not do. Bor-
row all the money you can and invest
in Victory notes. The drygoods trade
must go over the top for the loan"
Appeal Promptly Answered
The appeal brought a subscription
OF s1.O0O,OOO from c. S. Lamport, of
C. S. Lamport & Co. The chief speaker
of the meeting was the Rev. Ernest M.
Stires. OF st. Thomas's Church, who re
turned recently from France after
months of service with the Y. NJ. c. A.
"11l leave it to the consciences of
the people of New York" he said,
sswhether they will dare to look at an
empty sleeve or man on crutches ard
admit that they have not bought Vic
tory notes.
Subscriptions amounting to 81, 101, 500
were announced yesterday by LIE Baron
$. Willard, chairman of the Coal Trade
Committee. The largest was for ST.
100000 from the Berwind interests.
The committee has raised close to one
half of its $1O,0oOoOo quota. The en-
tire Rainbow Division has obtained
1920. .525 $50 of subscriptions.
Among the new subscriptions an
nounced yesterday by the Coal Trade
Committee were: Berwind interests
$1,000 600; Berwind- White Coal Mining
Company, 100000; n. r. G. POGO Col
lieries, s2OO,OOO Wilmore Coal Com
pany, 100000; Ocean Coal Company,
S100,0O0; Havana Coal Company, $780,
600; Harry a. Berwind, $4,000; Penn
sylvania C. & C. Corporation, 100000;
Maryland Coal Company, $4,000.
Other Trades Heard From
The Hardware, Metals and Allied
Trades Committee, of which George A.
Graham is chairman, reported new sub
scriptions amounting to $1,025 ,450,
which included the following: Lacka-
wanna Steel Company, S5O0,O00;
Metal and Thermit Corporation, $125,-
900; Consolidated Steel Corporation,
tiss Wise Company, $4,000; William
NJ. Crane Company. $4,000.
August Goldsmith, chairman Of the
Jewelry Trade Committee, announced
subscription of 100000 from Tif-
rv & Co. and another of $4,000
Colonel II. II. Treadwell
An order for S250.000 of Victory
Aotes was reported from the American
Metal COMPANY, Ltd, and its subsid-
aries by Charles Hayden, chairman
az the mining committee.
subscri ptions aggregating $685., ,20C
we're made public by the Automotive
c. NJ. Brown is chairman.
William J. Neal, chairman of the
Periodicals Committee, announced
subscriptions reaching S334,20O, in
cluding: Crowell Publishing Company
s234 200; McGraw Hill Company, 500,
coo; Literary Digest $4,000
Vogue" $4,000; "Life." $4,000.