Show Tie String to Sub criptlons Chicago Eight Chicago banks havo arranged conditionally for subscrip tions to 2500000 of tho now X percent per-cent treasury certificates President Forgan of tho First National bank chairman of the clearing house com mltteo said the subscriptions wero subject to certain condltons tho na ture of which he would not discuss The subscriptions are reported to havo been made with the understanding that the banks be alowed to hold 75 per cent of the purchase price of tho certificates as part of their govern ment deposits |