Jasper County Democrat, Volume 21, Number 104, Rensselaer, Jasper County, 29 March 1919 — STATE NEWS ITEMS [ARTICLE]

STATE NEWS ITEMS

The Doings of Hoosierdoiri Reported by Wirc. FIGURES SHOW STATE RICHER Increased Prosperity Since Fourth Loan Places Indiana in Position to Oversubscribe Quota for Coming Victory Drive. Indianapolis. March 28.—Increased pro*q>erity in Indiana since the fourth Liberty loan places the state in a position to'oversuhscribe the quota which may'be assigned it for the coining Victory drive. Figures from the Seventh Federal Reserve bunk in Chicago show that the banking resources in the 68 central and northern Indiana counties In tlie reserve district now total $634,943.361, which is several per cent increase over tin* figures for the previous loan drive. The -e figures were compiled by rhe loan officials in the district to le u cd as a basis for apportioning the county quotas when the announcement is rts'elved of the states allotment in lite Victory campaign. Marion county tends, all the counties In banking r< sources, totaling $137.”24,"i-"’. Allen county Is second In the Hst with resources of $39,530,110, while Lake county has $39,499,017. Brown and Ohio counties are the only two in tlie sixty-eight counties which have broking resources less than $1,000,000. Brown county has $196,028. while Ohio has $983,585. Figuring Indiana’s quota on the same basis ns in the fourth loan the state’s allotment would be less than 17 per cent of the banking resources. In the fourth loan the quota was approximately $109,000,000. If the amount of the new loan is less than in the fourth the state’s portion will drop even to a considerable less than 17 per cent.