OCR Text |
Show First Loan Payments Being Adjusted Last Dollar to Be in Treasury by Nov. 1. "WASHINGTON. OcL 30. First receipts re-ceipts from the second sale of Liberty bonds reached the treasury today. The amount, ?124.590.753 reported by the federal reservo banks, represents a portion of the initial 2 per cent sent by subscribers with application and a r.mall part of tho money received for actual cash sale. The banks havo until next, Thursday to deposit with federal reserve banks the full first payments and tho cash sales. At least $1,000,000,000. It is thought, will bo In the government's hands by that time as thousands of sales, especially of bonds of smaller denominations, were made for cash. Final adjustment of payments for bonds of the first Liberty loan virtually vir-tually has been completed. Although tho linal payment on first Liberty bonds was duo August 30, hundreds of subscribers failed for various reasons to make them. In some cases, aftor paying one or two Installments subscribers sub-scribers failed to pay tho remainder uud (hesc sales, together with others on v.hich the final payment was delayed de-layed for other reasons had to be adjusted. ad-justed. It is believed that the last dollar due the gGornment on the Liberty bonds of tho second issue will bo in tho treasury not later than November Novem-ber 1. |