. Jay Cooke, financier of the Civil War . M&mK DREXEL & CO. and J A y; COOKE & GO. \ Agcnis oftlte CmmotaoeoMu Philaddphi WE, the nndersigccJ, authorise you to snbscribe at par, in our name, for the amounteKtit opposite oiir Signatures, to the Three Million Peposylvania State Loan advertised ontlie 17th of May. Retldence. I Aiitoan(> 9^. A LIST OF SUBSCRIBERS TO THE $3,000,000 STATE LOAN 110 JAY COOKE Most of the country banks subscribed for $10,000 butthe Montgornery County Bank of Norristown took $50,-000 worth of the bonds; Mr. Messersmiths Chambers-burg Bank $40,000, and the York Bank,
. Jay Cooke, financier of the Civil War . M&mK DREXEL & CO. and J A y; COOKE & GO. \ Agcnis oftlte CmmotaoeoMu Philaddphi WE, the nndersigccJ, authorise you to snbscribe at par, in our name, for the amounteKtit opposite oiir Signatures, to the Three Million Peposylvania State Loan advertised ontlie 17th of May. Retldence. I Aiitoan(> 9^. A LIST OF SUBSCRIBERS TO THE $3,000,000 STATE LOAN 110 JAY COOKE Most of the country banks subscribed for $10,000 butthe Montgornery County Bank of Norristown took $50,-000 worth of the bonds; Mr. Messersmiths Chambers-burg Bank $40,000, and the York Bank, $40,000. Theinsurance companies and the transportation companies,as well as private capitaUsts, were not subscription of the Pennsylvania Railroad was$300,000 and of the Philadelphia and Reading Railroad$65,000. Many bids were forwarded by telegraph either to theCommissioners in Philadelphia or to the State Treasurerdirectly. Finally, when they were opened at Harris-burg, Mr. Cooke continues in his Memoirs, the sub-scriptions at par reached $3,300,000, so that it wasnecessary to scale down each bid. This grand resultsaved the state over half a million in cash and vastlyimproved the situation, being of more real aid to thefinances of the war than a subscription of ten timesthe amount at a discount. I took care to have t
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