The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-05-10

The Victory Liberty Loan-the fifth
and last popular loan to which big
business and the wage Garner alike
are to be asked to contribute-has
gone over with a whoop.
It was a tremendous undertaking
to ask for $4,000, 100000 for war loar
when the war was over. but the de-
mand was made in the name Of Uncle
Sam and figures compiled last night
indicated that the demand had been
more than met.
While anything like complete fig
ures were not available last night the
indications were that the over-sub-
scription throughout the country
might reach a billion dollars.
New York city and the New York
district came through yesterday in
the final drive just as the city and
district came through in every previ-
Gus demand. In a Garrison finish that
gaddened the hearts of the local loan
managers the city last night had off,
cially reported practically SO per cent.
OF it's quota OF $1.OoO,561, 800. The
districts proportion was only a little
short of this figure, with many places
still TO be heard from.
While in the aggregate the hgures nat
urally are greater here than elsewhere.
the advance for the past twentyfour
hours in the New York district reflects
the countrywide situation. The nation s
Increase. officially reported by the Treas
ury Department last night was $685.
100000. with a food OF subscriptions not
yet tabulated.
City Gains s2O5,33O,b5O in Day.
New York city showed a gain yester-
day OF O5,S3o.550. bringing the total
to date 10 ss79,9e6.350. The districts
gain was s234.231.s5O. making Its total
N2O4.375,250,
Overnight returns and reports from
committees that are not included IN the
ofhc!al total will swell the figures an
nounced last night. In addition. there
has TO be reported the result OF sales
from booths and from all the independ-
ent agencies working in behalf Of the
loan but from which returns are received
more or less late at headquarters.
Unofficial figures for the entire coun-
Try announced last night were s3,3l4.-
SIo54O.
The Prudential Insurance Company
headed yesterdays list In the New
York district with a subscription OF
$1,000, 900 White, Weld a Co. were next
with t2,5OO,OOO and the Lehigh Valley
Coal Sales Company and Murry Guggen-
helm followed. with subscriptions OF
$1,000, 900 each.
Notwithstanding the encouraging ma
ture OF last nights figures the Liberty
Loan Committee Of the Second Federal
Reserve District will continue its drive
to-day to add as many as possible to
the number OF individual subscribers. 1t
mas been pointed out that the success
OF the loan and the soundness OF the
securities depend on the wide distribu-
ton Of the notes and a final drive will
he made to-day for the sale OF notes In
he smaller denominations and the dis
Nlbltion OF coupon books.
Arthur NJ Anderson, director OF the
G'Nernment Loan Organization, issued
last night the following statement:
The figures at the close OF to-day.
something over $1,000. 900. 900. indicate
mo practical certainty that the loan
VIII be oyersubscribed In the Second
FEDERAL Reserve District. Reports from
the districts outside of New York city
indicate that the expectation Is that
'aoh one will reach its quota. This
VIII mean close to sl50.0oO.000 In addi-
Won TO the volume OF subscriptions
which ts In process OF being recorded at
lhe banks or in transmission. apart
from the subscriptions which We have
'a'r reason to expect will be taken to-
A'snt and to the close at midnight Sa-
turday.
our relative showing at the present
sage ot this campaign is far ahead OF
IHst OF any Of the other loans and
am confident the final result will be
s"lhehtly satisfactory"
Rainbow Gains ssO,b1O.42O.
Inc Rainbow Division of the allied
,,ehcs reported total yesterday OF $780,
~ OF ttu AtaI