Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-04-23
LAST WAR LOAN
IS BIC SUCCESS,
EARLY REPORTS
ON SALES SHOW
Total Amount So Far SubSCrib-
ed Is Sl16,077,900, IncIud-
ing Only Those Upon Which
First PAYMENT Is Made.
MORE MOMENTUM IS
GAINED THAN BEFORE
Persons Buy Largest Bonds or
Selling Largest Amount May
Be Given AirpIalne Flight by
j, S, Pilots,

taN moRSlso IouRNAL sage,AL tELsso wtsxI
! Washington, April 22.--First reports
| on Victory Liberty Loan subscriptions
compiled tonight by the treasury
| showed $l16,077,900 as the incomplete
returns for five of the twelve federal
reserve districts, covering sales only
up to noon today, This included only
subscriptions supported by initial
payments. .H. N
The New York district reported
$62,900,000; Boston. $3l. .263, 600: ST.
! Louis, $l2619,09O: Cleveland, s5,27T,-
GOO and Richmand $3,657, 600.
Treasury officials said that even
with allowances for overt optimism,
the campaign apparently has gathered
more momentum than is usual in the
first two days.
Although official figures were not
available the t. s. s. Marblehead,
which is making the first leg of the
Victory journey from san Francisco
to New York, already has crossed 900
miles in tire hope that 100000 900
has been subscribed. The Victory
ship is carrying Victory letter
firm Mayor Rolph of san Francisco to
Mayor Hylan of New York
Buyers May Fly.
The way was opened today for
army ayiators throughout the United
States TO give airplane rides TO per-
| sons purchasing the largest amount OF
bonds or workers making selling rec
| ords.
This is your authority to give a
fllght TO the man or woman purchas-
ing the greatest amount Of bonds; also
the man or woman selling the greatest
amount of bonds, when ships are sent
| to the various towns on loan flights"
Mai O. NJ. Baldinger In charge OF
Liberty Loan flights for the war de-
/ partment, explain ID that the order
! means that one flight may be given
daily for the record purchaser and
| one flight for the record salesman A
passenger is required to sign a docu-
ment absolving the military authori-
tics from responsibility in case of ac-
cident,
Chairman Hurley of the United
States shipping board, today tele-
graphed the following message to
/ shipyaIds engaged in government
work
Reports are reaching Washington
of many yards making strong efforts
to go over the top for the Victory
Loan this week of the drive Please
advise what amount your men expect
to subscribe and the press the drive
is making. We want TO announce from
the capitol the name of the first ship
yard to subscribe its quota for this
loan.
Every workman who wants to fin
ish the patriotic job he has worked at
for two years will CinCh victory by
subscribing now.
The country knows it can depend
upon all shipyard workers.
what yard will go ever the top
first"
In answer to inquiries. the treasury
depar! ment today stated that the in
crest on the "a per cent notes Of
the Victory Liberty Loan is exempt
from the income tax on corporations,
as well as from the normal federal in
come tax on individuals.
"A distinctive tone of optimism dis
tinguished the scores of kilograms
that arrived at the treasury depart
ment today" said an official review
of the opening day of the Victory
Liberty loan campaign.
Among the comments from chair
men of federal reserve district organ
izations indicative of the reports in
general were these:
Cleveland Advance pledges To
the loan much greater than in any
previous campaign
Philadelphia-''N tenth as
much enthusiasm ever has been
evinced in connection with loan"
Ch 'cago-"Reports from all states
in this district indicate boundless en-
thusia g. Most auspcious opening
ever vouchsafed anv war loan in Chi
cago"
San Francisco Reports from
throughout the district indicate plenty
of enthusiasm"
St. Lnuis-"Eighth district got away
to good start Three Missouri, two
Illinois. one Arkansas ana one Mis-
s'ssippi counties over Memphis try
ing II reach quota this week. ST.
Lous starts fine"
r rston-"Thirty-fi five million dollars
unoff cially reported. Twenty-four
cities and towns exceeded ouota head
ell by Proctor, Vermont. with 500 per
cent over subscription.
Kansas City-"Four counties IN
tenth district unoffc a'lv over subj
seribed Several counties in Kansas
and Missouri home of 35th division,
planning To "each ,nuota by time the
division reaches home
THE indications were" said tho
treasury review that the residents OF
local communities, attracted by the
unusually generous tefms cf the loan
and the high interest rate were plan
ming to invest heavier thn0 ever b.
fore Manv banks rartic"larlv in the
central west reported tHat farmers
We're calling them by telephone and
urg ng that Victory notes he held for
them until thy could reach town later
he L. -