Evening star., 1919-05-11
DISTRICT EXCEEDS ITS
QUOTA BY $4,000, 900
Officials Would Not Be Surprised
to See Nations Final Figures
Nearly Six Billions.
CAPITALS RECORD
ON The WAR LOANS

1st loan. 1000. 900 s19..G1 400
I'd loan 12,OOO,OOO 22,s57 .O5O
Sd Ionn 12,s7O.OOO 25,902,25O
4th loan. 27,es2, 900 51O42.O 900
5th loan. 2O.3O7 900 '25,27G.:O0
"Eatimated.
The victory loan. the fifth and last
popular loan of the United States for
the war, has been oversubscribed.
Under an avalanche of last-day sub
scriptions, the nation passed the $4,-
SOC, 600, 900 -mark-the limit of the
loan-and the District of Columbia
exceeded it's quota Of $20.307.000 by
approximately $5,00o.000. bringing its
estimated total above $25,000,000.
This figure may be exceeded. it is be-
lieved.
Reports From Local Banks.
At late hour last night the central
liberty loan committee of the District
had received reports on yesterdays
business from all except seven of the
banks The total given was S25,276-
200. The banks closed at s o'clock,
and it is known that there was not
time for many pledge cards signed
yesterday to go through the banks.
The drive continued until midnight.
The banks have been requested by
the liberty loan committee. in order
to permit persons who signed their
pledges but who. did not have an op-
b9rtunity to ret tethe banks to make
payment. on them, to accept payments
on pledge cards up to o'clock Tues
day.
The number Of subscriptions report
ed by Washington banks last night
was 106, 1913.
Although the total subscriptions to
the loan by the nation will not be
known for nearly two weeks, figures
available last night showed that the
American people had responded gen.
erously to the appeal to finish the
job"
Avalanche on Last Day.
Like all Of its predecessors. the vic
tory liberty loan suddenly jumped on
the last day of the campaign above
the mark set as its. limit. The day
brought an avalanche of subscriptions
which banks cannot attempt to count
until late this week. None of yester-
days harvest was included in the
total of $3,s49.63S,000 subscriptions Of
ficially tabulated last night by the
Treasury, and officials would not be
surprised to see the final figure go to
nearly six billions. Only $4,000. .00o, 600
will be accepted.
Late yesterday Secretary Glass Is
sued this statement:
while the official reports to the
Treasury Department show only
S3,s49,6 $4,000 subscribed up to noon
on Saturday, unofficial advices from
the several districts indicate that
without any doubt the victory liberty
loan is already largely oversub-
scribed, with every district making a
determined effort to gather in every
possible subscription before mid
night.
Thus for the fifth time the country
has met the call Of the Treasury De-
partment for the funds required and
the great liberty loan organization
has once again proved it's metal"
Basis of Estimates.
Tho only gauge by which officials
could attempt to estimate subscriptions
not yet tabulated was provided by the
record of the fourth liberty loan, when
81. .ss2. .0oo. 900 was reported after the sub
scription drive had ceased. The last
reports obtainable when the fourth cam
paign ended showed 1855, ,000, 900 al
ready tabulated, or rs per cent of the
six billion dollar total. although final
amounted to $6, 991, ,000, 900.
Up to yesterday in the current loan
1854 per cent Of the total
sought had been pledged.
Official figures last night showed that
the Minneapolis, st. Louis and Cleve-
land districts had already raised more
than 100 per cent, and the Chicago
district reported that its quota had
certainly reached that mark. although
tabulation Of figures to support the
claim could not be completed.
New York district managers calculat-
ed that their district on final accounts
ing would go about $200.00o.oo0 above
it's quota. Messages from Boston and
district headquarters
said, graphically. Don't worry"
The increase in subscriptions yester-
day over the total Friday night was
s534,76s, ,OG0. Aside from this the fea-
ture of developments yesterday was
the Jump of the Cleveland district in |
the percentage column from ninth to
third place with an increase Of from
So to more than 100 per cent.
Records Of Cities:-
Boston, Cleveland, Baltimore, st.
Louis and Washington were among
the cities which ofncially obtained
CONTINUED on Sixteenth rage.l