OCR Text |
Show OVER TRE TOP III LIBERTYCAIPAiJ FIFTEEN MILLION AMERICANS SHOW THEIR LOYALTY BY PURCHASING BONDS. Third Liberty Loan Oversubscribed, It Being Believed That When Subscriptions Sub-scriptions Are All in the Four Billion Mark Will Be Passed. Washington. The American people, for the third time in a year, have heavily oversubscribed a war credit. As the third Liberty loan campaign was closing Saturday night, the treasury treas-ury department announced the campaign cam-paign had been "an overwhelming success." suc-cess." Although $.'1,000,000 was the formal goal (if the campaign, official reports, including only a small proportion propor-tion of Saturday's avalanche of pledges, showed the total us $3,203,-0).),4OO, $3,203,-0).),4OO, and there were indications that the aggregate would be increased to nearly $4,000,000,000, when banks have time to tabulate the multitude of last minute applications. The exact result of the campaign probably will not be known for several days. Official estimates placed the number num-ber of subscribers at between 12,000,-ooO 12,000,-ooO and 15.000.000, far above the 10,-000,000 10,-000,000 of the second loan, or 4,500,000 of the first and some officials expressed ex-pressed the belief that the roll of bond buyers would he even greater. To them this was one of the most encouraging en-couraging features of the loan. All twelve federal reserve districts, which were the largest campaign units, oversubscribed, ana n majority of the states made the same record. Delaware doubled its quota. Bond selling continued actively in many cities up to a late hour Saturday Satur-day night, and banks stayed open in a final elfort to roll up more subscriptions subscrip-tions than the $4,010,000,000 of the second Liberty loan last October. |