Evening star., 1945-12-05
Loan DriveNeaI
Goal, but Sales
0fE-BondsLag
Concern Expressed
Over SIowness of
individual Buying

AlIC NdJlOli 911,UUu,UuU,
Victory Loan drive will be over
subscribed but it may fall short
of success in one important fea-
ture-the sale of Series E bonds
to individuals Finance Di-
rector Ted r. Gamble said today
with announcement that indivi-
dual purchases of victory bonds
in the drive total $3,887 100000
thus far.
The total purchased by individ-
uals is 80 per cent of the national
S4,000,000,000 quota, with the 41-day
campaign officially ending Saturday
Other War Finance officials, ex-
pressing concern over the showing
Of E bond sales, said they total ST.
037 100000 as of today.
The District of Columbia stands
seventh among the States on a per-
centage basis in the campaign to
reach Series E quotas, having at
tained 81 per cent of the goal. Only
North Dakota and Montana have
topped their quota of individual
sales.
Chief Goal of Drive.
Main goal of the drive to sell VIC
tory securities to individuals rather
than to corporations is to sop up
S2,000, 100000 of individually held
idle money and thus divert it from
inf1ationary spending. Although the
drive ends formally in three more
days, E bond sales will be counted
through the months end.
The people who have the extra
money Mr. Gamble declared, "are
In many, many cases. the same peo-
pie who are potential E-bond pur-
chaSerS. If we are to thWart in
fation we must spend our war
earnings wisely and not toss them
away in a manner that will lead
to false and tragic boom"
Meanwhile, the District War
Finance Committee reported indi-
vidual sales here jumped S2,10O,O0O
in the past "a hours to a new high
of $36,800,000-or 87.6 per cent of
the S42,000,O00 quota. Of this figure,
only 100000 represents the Series E
increase, raising that category to
$15,900,000, or $50 per cent of the
sgt 100000 quota. Other issues went
up S1,900,000 to $2O,900,0o0, or 1898
per cent of the SIS, 100000 goal.
Corporation sales in the District
increased s18,00o,O00 to s3s, ,5OO,O 900
on the second day that corporations
were permitted to buy Victory secur-
tiles.
Aid of Stores Sought.
At the same time, the National
Retail Dry Goods Association asked
stores to support the Victory Loan
in its waning hours by the following
methods:
Show the flag and Victory Loan
flags in stores and windows until
December 8, hold employe rallies to
stimulate workers to buy and sell
extra bonds, devote at least one or
two feature windows to the Victory
Loan featuring the slogan, The
finest Christmas gift in the world
is Victory Bond" dress a Victory
Girl" for each floor and supply other
employees with ribbon badges to be
worn on duty, and devote all ad-
vertising tomorrow and Friday ex-
clusively to the Victory Loan.
The District Commissioners have
declared this Finish the Job Week"
here and requested all of Washing
ton to pitch in and help the loan
go over the top.
S. Page Nelson, Maryland State
War Finance Committee chairman,
predicted yesterday that Maryland
probably would be among the first
States to exceed their overall. v
Loan quota, He said that unusu-
ally heavy corporation subscriptions
made yesterday, the first day COM
panies could enter the drive, as
sured the committee that Mary
land will be successful in its final
s170 900 900 bond drive