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The Daily Alaska Empire
Juneau, Juneau County, Alaska
What is this article about?
Fairbanks, Alaska, surpassed its $165,000 Series E bond quota by $5,000 on the first day of the Fourth War Loan Drive on Jan. 19, reportedly the first U.S. community to do so, with additional $50,000+ purchases that day toward $400,000 total quota.
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FAIRBANKS, Alaska, Jan. 19.—On the opening of the Fourth War Loan drive in Fairbanks yesterday morning, Fairbanks exceeded the Series E quota of $165,000 by $5,000, Leslie Nerland, in charge of the drive announced.
Fairbanks is believed to be the first community under the American flag to exceed the quota so soon.
After buying more than $5,000 in excess of the Series E quota by 9 o'clock yesterday morning, citizens bought over $50,000 more during the remainder of the day.
Fairbanks' quota for all classes of the Fourth War Loan bonds is $400,000. Nerland said only Series E bonds will be sold during the campaign in order to make up the total of $400,000.
The population of Fairbanks is only 4,000.
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Domestic News Details
Primary Location
Fairbanks, Alaska
Event Date
Jan. 19.
Key Persons
Outcome
exceeded series e quota of $165,000 by $5,000 by 9 o'clock, then bought over $50,000 more during the day; total quota for all classes $400,000, to be met with series e bonds only.
Event Details
On the opening of the Fourth War Loan drive, Fairbanks exceeded the Series E quota by $5,000, believed to be the first community under the American flag to do so; only Series E bonds to be sold to reach total quota; population 4,000.