Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1919-04-15
TEEN MILLION IS
s |CHM0ND'S QUOTA
|OF VICTORY BONDS
te's Allotment Figured to
BE Approximately
S47,0OO,OOO.
IKERS OPTIMISTIC
CONCERNING OUTCOME
Per Cent Interest Offered on
Issue Expected to I'm
prove Sales.
TAKE NOTE SUBSCRIPTION
ply Tax Exempt Paper Bearing
'I Per Cent Issued rs Alter
native to Bonds.

lily Tax Exempt Paper Bearing
'I Per Cent Issued rs Alter
native TO Bonds.
chmond's quota in the Victory loan
VIII be approximately 3l5, BOO. .oQe
'ds stated unOiiicialiy Yesterday
wing the announcement by Sccrc-
oi the Treasury Carter Glass that
and bankers became enthusiastic
use oi the terms under which the
VIII be offered. Virginlu's al
cnt VIII he ABOUT st7.OOO.coO.
~ more than IN tho second loan.
lal apportionmcntS arc expected
+ made at once.
portant matters will he discussed
ho meeting OF the womcn's com
tcrs. Eleventh and Bank Streets.
as announced last night. Repre-
atNca OF all the womcn's o-Eani-
ms IN inc city viii attend the con
iec, At which time the various ac-
les the committee viii undertake
be discussed. At this time will be
led the assignment of booths and
dates on which they are TO be oc-
Only Meeting Rcfore Drive.
'is will be the only meeting O. tho
n'ttec before the opening of the
necessary that all details in the
pa!En ,c worked out at THIS time
Df1ntE: Nicn-caalrmi:. ~ trn
mittec, VIII make a short talk.
*. q Cantil. chairman. Of the
len committee. viii preside at
meeting.
inkcrs became extremely optinis.
regard Ing tho outcome or the cam
n ard were enthusiastic over the
IS of OF the issue; because, they
- should be eagerly sought by
large and small investors. Be-
sc or tho increased interest rate
,,., ! the 1Misrchangeablc NJ feature,
the tavt tina; only the four and
half billions will be sold. regard
OF the oysrsubscription. led TO
assertion that the loan would be
over III great shape.
Terms Liberal to Purchaser.
city committee. declared that tho
rs OF The Victory loan are jus,
| TO the government and the in
or. and thoughtful men every
re will commend Secretary Glass,
r reading his announcement.
Eho attractive rate of interest and
tax exemption features ought to
4 about a wide distribution OF the
H. which IS most desirable. For
| IN the land Will desire TO go to
limit and buy the bonds. the pro-
lis from which Will discharge our
|n,ry's debt OF honor. incurred TO
the war.
hans for the extensive drive are be-
shaped rapidly. and the city com
(;cc wilI be ready for tho work OF
ing the tlj,oou,0o0 when the cam
sn opens Monday morning. II is
I picture. The Price OF Peace"
be shown 20 the public in this
the first time on the opening day
he drive.
here l Viii ,,,,f.. be oaIlng mesitng Of vsae The
|day). "a noon. at which time plans
the other features that are TO be
|yed during the campaign VIII be
Fixed out. This com mittee has 4
|aber, OF ideas and the conference
discussed thoroughly.
|CEIvE SUBSCRIPTIONS FOR
WHOLLY TAX EXEMPT NOTES.
WASHINGTON, April l4.-subscrip.
us Will be received during the
billy tax exempt notes bearing 3Si
cent interest, which the Treasury
Il issue as alternatives Of the 3ai
cent securities with partial tax eN-
|otion. Emphasis. however, Will be
i by solicitors on the AZ, notes, and
effort Will be made 10 round up the
|k OF subscriptions TO these sccuri.
/. which may be converted at any
|e into 80, per cent notes.
|. limited amount Of the "A per
hit sale, but the Treasury is not
|c that all demands for cash pur-
ses can be filed. AS in past CAM
gns. work has been rushed at the
reau OF Engraving on the bonds of
all denomination. since these con-
ute most OF the over the counter
cs. There will be plenty Of notes
use as samples" by statesmen. off,
Is said today.
Smaller Than Expected.
over the $4,000, 900. 900
al OF the loan, which is smaller
N had been generally anticipated.
lay IN hundreds of kilograms
ching the Treasury from loan COM
tees throughout the country. Many
these were 10 the effect that the
ms had raised the hopes of the loan
tory loan today said one reason
their belief that the market price
bonds Of past issues would not be
/ there still should exist a strong
nand for the older issues by large
payers. With certain arrangements
hold Sl6U,VUU OF DOnuS aDSOlutely TAX
;ccrctary Glass is expected to sound
KEYNOTE for the Victory loan cam
gn in an address tomorrow night
New York.
Lcnve Friday on Tour.
lie plans to leave Friday for a two
eks' speaking tour of the West and
Ehe last week of the drive will sneak
New England and the East.
Is a graphic illustration of the
,gress Of the nations subscriptions
Yard the goal. the navy will send
ec warships. travelling between
, Francisco and New York by way
the Panama Canal during the loan
npaign, the daily position of these
Isels Indicating the amount OF sub
The first ship. tho Treasury pub
~ bureau announced today, viii
We We San Francisco on April ii. the
,ning day Of the loan, and proceed
a. point off San Diego. where 1t will
met by destroyer. which will then
ke the trip southwark to the Pan
a Canal. The third ship. which
i be O destroyer Of the newest and
test tyne, will make the last leg of
! tourney from the Panama Canal to
" York. which Is to be called the
arbor OF Victory"
Move ships Faster.
'he fastor the country subscribes the
ter the vessel Will travel and the
Continued on second page)