Show I I I I i LOAN BANKS BANKS' WILL NOT BE WOUND UP UNTIL PEACE BERLIN Oct 16 It 16 It Is announced that the loan bank banks that were or organized organized or- or I at the outbreak of the war In n I II order to facilitate the raising of the huge hums hums needed to carry it on will not be wound up immediately ly after after ailer the conclusion of peace This an announcement an- an h has s been made from a ai semiofficial source f for r the purpose of ei the people to make liberal liberal lib lib- lib lib- eral oral use of the le banks in raising money to buy the new new bonds now offered for fUl subscription It was feared that people would hold back from borrow- borrow ii K at the loan banks upon upon- the as as- s that they would be prompt prompt- l ly 11 closed at the of the thear war ar and that In the liquidation of th thIr ir affairs all outstanding loans fluid be called In at once I The public Is now Informed that the the- banks will wilt continue In existence for some time after the war and that they will deal in a h liberal spirit with borrowers extending loans from time timeto to time as may be found necessary These banks have not yet been called upon to lend money to anything anything any any- thing like the extent that had been contemplated when the they were organ organ- While they have the right to tol l lend lOnd nd to a maximum of ot their actual loans outstanding at this moment are only a little littlemore more than third one-third of that amount Still more surprising is the fact that the great loan of last March was floated with very little assistance from these banks The total amount of that loan now all paid in was vas at the normal rate of exchange but but the amount of it now held against securities' securities hypothecated at nt the loan banks banks- is only which is l less ss than 3 per cent of the total It is probable however that the new loan n now w undergoing subscription will cause greater pressure upon the loan load banks than the two already brought out |