davidaulloa/AmericanStories huggingface dataset:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-30
WAR RISK STAGGERS
SEA INSURANCE MEN
Treble. Then Quadrpplc Cargo
Rates. Finally Making Them
Almost Prohibitivc.
SKATERS THEIR BUSINESS
Situation Has Unprecedented
Effect on Shipments-Gold
Charges Rise Sharply.

Marine Insurance underwriters and
authorities on sea law in regard 10 con-
traband Of war and Immediately raised
iheir rate on shipments OF gold to Eu-
rope from sI.250 on 100000 TO
5000 on $1,000. 900. Bankers who
saw a profit in the export of gold through
the condition of the foreign exchange
market pleaded for a lower rate. but
were met with a quotation from the
Hague convention OF 1907. which says,
in substance:
The following articles susceptible of
use In war may without notice be treated
az contraband OF war under the name
Of conditional contraband OF war-rold
and silver in coin or bullion paper
money"
The underwriters freely admitted that
their business was demoralized to an en-
tent never before known. The civil war
IN the United States and the Franco
Prussisn war had no such effect on
transatlantic shipments. they said
The excitement In the marine insur-
ance market here and In London was by
no means confined TO the shipments Of
gold. During the course OF the day the
rates on general cargo doubled. then
trlpled, then auadrupled. and at the close
II was almost impossible to obtain in.
surance on goods destined for Europe a,
any price which the shippers considered
satisfactory.
None of tho marine Insurance brokers
here VS. quite able to account for The
tremendous increase In rates yesterday "
London has always been recognized as
the centre OF marine insurance and Il,
leadership has been depended upon II
seems thpt the machinery there broke
down yesterday to some extent for the
frst time in the history OF the business
and consequently New York and the other
world centres hardly knew which way 70
turn for guidance.
Win the almost prohibtive insure nee
rae in force. coupled with the fact that
no express steamers will sail for Europe
to-day. the enga gements Of American gold
for the other side dropped to an insignia.
cant number OF millions YESTERDAY. On,
$1,000, 900 was taken at the Sub TreasurS
for export to London. and the National
City Bank withdrew s2.5o00o0 from thu
vaults OF the Clearing House presumably
FOR export, making a total Of only 81 900.
900, as against the approximate total o
SIS. 600, 600 on the day before.
hut. according 10 we'll informed inter
national bankers. this does not NEAR
that the gold movement abroad ls al
an end Europe wants gold. the Govern
ments want II FOR their war chests ant
tho peasants want it for their stockings
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-30
EXCHANGE RATES STILL JUMP.
Advance Unprecedented In Memory
Of Experts Here.

The sensational rise in foreign ex-
change which has demoralized that
market here and abroad continued yes
terday in spite Of prediction made on
Tuesday that further advances in the
rates would be prohibitive to the trans
action Of business. Demand sterling
which opened Tuesday Mt 490T5 and ad :
vanced 20 4al50, bounded UP to 4.9s yes
terday, closing at 49l50mt.a2. Cables,
which were quoted as high az 4 9b, opened
yesterday AT ) and closed AT about 495G
<s7. These figures are the highest which
have over been seen by the oldest experts
on foreign exchange in the financial dis
trict, and in conservative circles the opin-
Ion prevails that their equal has never
been seen.
II haS become difficult 10 obtain dis
count quotations on London. Paris and
Berlin. Those which have been secured
were purely nominal. Gable transfers Oh
Paris are about exhausted.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-30

Npcc,ol Cobis Despotoh 10 THr SuN
LONDON. July 20. Mime Grouitch for
merly Miss Mabel Dunlop of Carksburg
W Va. wife of the Servian Under score
tery Of Foreign Afairs. who was on he way
from this city to Belgrade. reached the
Austrian frontier in the Tyrol Monday.
when she vas warned that she must not
proceed through Austria. She is now ra.
turning to London. where she intends TO
collect money and organize u corps of
volunteer nurses for the field hospital OF he
Servian army
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-30

TIE most pronounced feature OF the
DAYS trading was the fact that the is
sues ON which the heaviest onslaughts
ere mad. were evidently strongly sup
n''T"d. Tho HOOD Of selling orders was
sne'"i ly absorbed. and although prices
we've hammered down at the opening they
rAOed encouragingly and closed at higher
'a7ires than on the day before. when the
'Nll force % the war scare was first felt.
Ndeed, In some instances the interests
Shich O"r" supporting the market had to
2 'ultsll tn"lr buying instructions in order
n maintain a tone proportionate to gen
''aI conditions and to keep stocks from
gong 1'rhor than they reasonably should
~ s'r.h a p"rilous time
N'0oNs whioh ar" especial faVorlte- in
hnSl'ud and on thu Continent We're hard
' W mr. ~ IL" opening. Amalgamated
pn"r opened -. points of at 80 and
. tah Copper dropped 20 50ts, as COM
jared with the previous days close at
@ Union Pacific opened . points down
III ana Southern Pacific declined
~ points ON selling from Continental
sur'' Reading ranged from 1879,
.," :" l'ole. ms compared with its clos
'.'' of l5i IN Tuesday. steel
'''N"l loss Of - points on the first
t't' .pna. canadian Pacific. the in
t.'htuonll favo"te. was unchanged at
" opening from the previous days close.
'n'""'''u'U' was noticeable and stocks
Voc ,.ar.ue inward all along the line.
D" 'l'fnc" ranged from the higher frac-
Mons 70 o.. points and though at times
t'' ton" Was Irregular and nervous at
r. N'''od Of tho day was there evidence
~ >l'0 q break ~ occurred on Tuesday.
"l'u"'' N'r' circulated that the board OF
Cove boys ~ inc Stock Exchange was CON
nh 1'us SUSPENSION of business until
s''' tilu~tment should no reached re-
t''l'- '0' markets abroad bur this was
'I.'i ara n was answered that even on
l' sd '' there was no condition here to
cause tho authorities TO contemplate such
~'' governor ~ the exchange
'ned 10 express the general view when
Tho stock Exchange is here to fulnl a
pun. junction. II furnishes free. cash
IVA 'ir' FOR All the world and one that be-
''' pi doubled importance and value
,oN mat foreign hourses have Cca sed do
"l'n"ss. 70 deny investors an
.p'n market for their purchases or to deny
holders of 'ecurtics at home and
, 'oro'' ready means OF liquidation Is for.
n' #" Al traditions for which this in
llo'n siaud,. critics OF the stock FX-
-ahR. win not find It IN these troubled
% Ealing in its plain duty TO the
II TINS sentiment was echoed 10y President
y noble Of the Stock Exchange
=. a., fact that tho New Yorl, stock Ex-
'hf' alone has q free and unrestricted
i".f'i to-day Is a tribute to the sound
''u'rou Of American finance"
c,NeA'nder i. llemph,ll, president Of tao
,'t.''i' Trust Company. Was another to
sun 10 the souudurss Of financial con
S1-n TAG lu!t'd States. Tie said:
.''n 8 ought L" take of its hat
q, We'll ~i.,i r.. TN. way IL las met
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-30

Tho tlchcst group Of brokers was about
Pos ! and =. where Steel common and
othe- speculative favoritcs are dealt in.
~ %. stroke of 10 the Struggle began.
ma football >crimmage was a mild
'Tar Compared with IT, Those on the
outside tried desperately IN get in, hum
dreds fshtinG for tho points Of vantage.
, d 'lose or tho inside. with notebooks
held high in air. struggled to keep their
plac'. and At the same time jot down the
'Ehir.ug'ikc buying and selling.
n. steel crowd reeled from its usual
position as those u'ares: the wall felt
themselves being carried off their feet and
sIshoA the other way. The groups about
he other posts Nero So busy IN the same
way tntt they paid no attention To the
'svo'v wing mass but waEed their own lights
WITH p"' another So Il went for fifteen
owing. clamorous. Wild minutes during
Ub.rn tn,c '5o.0nO shares were dealt 'n.
-,'o cha. would have meant a 5000. 5000
shay ia, n .' had lasted.
~ iu.iI tho tension slacEoncd some
nat md tn next fifteen minutes saw
o'l, $4,000 shares change hands From
o. on cr 'ho asDcct was sanrr. and the
pst half Of thc FIRST hou~ brought con-
'fi'ior, more nearly normal Slightly
more than 100 600 shares was the volume
~ hi period
The total husucss Of the day was sof,-
nm shares stacy, ring figures when COM
na-fd with ~" recent dun times. 4
rssl aro 400 400 shares was big day.
md NOT s' Very long ago the total was
Won. "a fall below 100, 600 Even the
last conservative men in the financial
ST. % were iuhilant at tho war matters
vent and AZ tho presence Of sure tokens
- 'As ,oundu,es ~ the underlying con-
f'"us Foo This country.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-30
PRICE OF FOOD SOARING.
strnssburE Authorities Plan to Curb
Greed Of Dealers.
special cable Despatch 10 THr srs

special cable Despatch 10 THE SIS
SrRAssBuRG, July 29.--The people Of
this city are buying stocks OF provisions
IN expectation of war. This has resulted
I'm unprecedentedly high prices. The mu-
nicipality will take measures tomorrow
10 prevent dealers from demanding OK
orbitant prices.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-30
SOCIALISTS CONFER ON WAR.
Russiap delegate says Revott
Agsinst rsar IL Near.
Specia, cable D,spo,oh 10 Tst 5

special cable Dsspofoh 10 Tst sr>
BRUSSELS. July 29.--The International
Socialist Bureau held secret se~lon 20
night FOR the purpose OF discussing the
international situation Delegates from
all countries likely to be involved in
general war were present. Germany was
represented bv Rosa Luxembourg and NJ.
Kautsky. France by VI. Jaures and Rus
STA by NJ. Rablnowitch
The deliberations were kept secret, but
It is said that the delegates from Russia
reported that there was mu~h misery In
that country owing to the failure of ths
crops and that orders for mobilization
would he the signal for the beginning " a
revolution,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-30
BIG DEMAND FOR INSURANCE.
Rate for other Than British ships
4. 40 shiIIIng,.
SproH cable De.patcb 10 rHr SIS.

TUfFfTT VTFF TTFFUfTIFN v
LoTpoN. July 30.--Tho demand for war
insurance YESTERDAY exceeded al previous
records. Tho rates charged were trebs
and sometimes auadruple the rates pre-
vailing on Tuesday.
An enormous business was done in con-
nection with cargoes The rate for Brit
ish ships bound eastward by way OF the
Suez Canal was 20 shillings ,pcr cent?.
while for ships under other flags 1he rate
was 40 shilings.
The demand Of the underwriters for
to n shlllings to cover the Carmann's
specie cargo occasioned surprise here. Ten
shllings was paid To cover a specie ship
ment from Brszil 70 France on n Ger
man liner.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-30
CENSORSHIP IS STRICT.
Little News Permitted to ne sent
From Danger Zone.
Npcclal Cable Dtspatch to Tur SIS.

>p-cidl cable Despatch 10 Tur SrN
LONDON. July 30.---Very little war news
is printed here this morning on account
OF the strict censorship enforced by Aus
trla. Russia and other countries. The
DahU Mai prints conspicuously an an
that in view of the censorship
and tho telcgraphic delays It cannot guar
antee the accuracy Of its war news and
prints everything under reserve.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-30
$40. OO0. 900 GOLD IN PARIS.
English Bankers WtthdrR WING Cash
From Ntcnnesc Banks.
Special cab,, Despnrch.s 10 THr srN

Special Cable Desparckes 10 THn SuN
PARIS. July 2s.--The Bank Of France
metallic reserves arc given as 1900, O0o.-
900 francs 8s4o,OO0, 0Oo) in gold, and
500, 900, 900 francs ti2O, ooo. ooO).
VERvrERs. Belgium, July ga special
train passed here to-day for Ostend en-
route to Dover carrying 100000 francs
Sl,20O,o0O) In gold drawn by English
bankers from Viennese banks
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-30
MORE FOES FOR SERVIA.
Attempt BEING Made to Arouse Al
bantam Insurgents.
Aptcial Cable DespatcA 10 TmH ST.

l.oNDoN, July 30-The Durazzo cora.
spondent Of the Times says that lisa Bole-
tinstz has gone to arouse the Albanians
in the kassovo district against Servia,
II IL believed the correspondent says,
that the Albanian Insurgents aim at the
recapture of Dibra and possibly of ia
kova ana Ipeh from the SoIvians
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-30
MAY PREVENT SHIPS SAILING
Sale TO Greece Treatcn. ,o Nc Fra
barrRsstpR.

"AsHINGroS, July 2s--Snould a zen.
ersl conflict involving Greece take p,a,e
in Europe a situation Is likely IN sr,so
whieh VIII prove embarrassing to m.
United States as the result Of the sale :,
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-30

dispatches sent 10 various parts Of Aus
tria recently. despatch to the DoIv
Ndii from vienna reporting that the fir-t
shot in he war had been hred. which was
fled Monday. was delivered to-day. only
officia and semi official kilograms from
Vienna are allowed to trickle through.
Practically all kilograms from individual
correspondents of the newspapers have
been stopped despatch for the Times
was filed in Vienna al $50 p NJ. Monday.
All that The censor allowed to 20 through
was the weather report. which reached the
Times at 2:3O A. VI. Tuesday.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-30
WAR SCARE FAILS TO
SHAKE WALL STREET
Stocks Close Higher Than Tues
day. Rejecting SOundness
Of Conditions.
100000 SHARES DEALT IN
Local securities Market Only
Important One in World
Remaining Open.
100000 SHARES DEALT IN

~ ns.N security market Of great size
IN me world TO pc oreu to free trading
N. Neo York stock Exchange went
through auo'hor f"vcrish session ycster-
L., ard emerged at the end of the five
hours frantic trading with the general
tone NJ business stronger ana iudica ;ions
.pr,saut that ,Vc,y possibility Of a war
limo manic has been beaten or.
A. tho opening Yesterday morning prices
h-o,. sHupl'. and for an hour or more
mo H,u. ut tn" exchange was 70 mael-
...,u of shouting. struggling brokers'
rbr.. hundred and forty thousand shares,
an enormous ,o;ai and much greater than
tho avc~dg. lally business had been dealt
n bv II O'Clock. and Wall street breathed
e.. s,gh " relief when The tickcrs
,Aoc.l tina the trend was upward.
Every broker was ON the floor at 10
O'clock waiting for the start and fearful
-, the vorst-that the decentralization Of
ru-,p.,p m,rts Nigh; find place here
md send stocks and bonds 20 such low
,cu-,. tltt failures must inevitably fol-
oN and many fortunes he broken. The
-u.r of selling orders I'm the first fifteen
minute. was tremendous and the crowd
, ,.-i'o~~ that gathered in the gallery
n cNp.ettt on Of excitement was not dis
appointed
About .Ir inherent posts WNl'h u'noAt
.A- stat lus ou the floor of such issues
- United states steel. Canadian Pacific.
reading. rr'on Pacific, Baltimore and
Ohio and the coppers. which in such
lines ar" subjected to the grcatcs. pres
,lre vcr, massed thick knots Of fighting
mon. boring 20 the centre 20 do their
su.i-c,S and then bursting ont to run 10
d. ueN group No novel Of tho wheat pit
md mo- narrativ" Of a panic in tho Street
ever portrayed scenes SURPRISING these in
siprcw. excitement and activity. Clothes
t,r. torn and collars wiltcd but no
ne cared The vlamor was deafening
nd sales wore recled or in such record
h-ca-r- fashion that the tickcrs could
not Keep the pac" and we're frequently
several minutes behind tho actual transac-
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-30

To keep yoursef in happy form
In this weird Summer weather,
Remember that your stomach
lent made Of tin or leather.
Keep your Diet down to need
Don't stay up nights too saily,
Use caution in your exercise.
Drink White Rock Water daily.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-30
CALL FOR GERMAN ENGINEERS.
Receive order. 90 Ne Ready 10 Leave
pRuama.
Sp,c,ai Cabh Despatch TO Tnr 81,

SPECIAL 'dbfr Despdtch 10 IHE ~
PANAMA, July 29.--German engineers
who are erecting floating crane hero
have received orders from Berlin 20 he
ready to return To- the army at short no
tirs
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-30
BELCIANS BEGIN MODELLING.
Three Glass of Reservtsts Are
Called to COlOra.

BRUSSELS. July 90 Belgium took tho
first step toward mobilization to-day by
calling three classes Of reservists TO the
colors
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-30
Greece OF the United States hattleship

Greece Of the United Stafee hatt1esh'p
Mississippi
Should II appear that Greece Is to he
party to the impending struggle II lie N-
States to prevent the sailing Of the kilkis
from Hampton Roads. This belief Is due to
the provisions OF the Hague convention OF
1907 respecting the rights and duties %
neutral Powers. IN which the United
Statcs is signatory
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-30

>peoia |ahie DcsDafch 10 THE ST..
GIBRALTAR. July 80, Spain Is concen.
tratlng part Of hcr feet at the BaleAPie
Islands In the Mediterranean.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-07-30
Canadian Markets Closed.

TORONTO, ont. July 29.-The stock ex-
changes here and In Montreal remained
closed to-day and probably will not re-
open till Tuesday. II Is not anticipated
that any exchange firms will he In finan-
cial difficulties unless the markets become
further demoralized.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1914-09-26
FRENCH OFFICER
IS SHOT AS SPY
New Version of Delay in Sending
Aid to the Imperiled Brit
ish Troops
JOFFREs' ORDER NOT DELIVERED
TrcnsOnHbic Correspondence Found
in Home of Man to whom Il
Was Intrustcd aud lie Is


NEW YORK, Sept 75.-huotner version
OF the reason why the French DELAYED
In coming to the support of the British
when they were hard pressed by the Ger
mans at Mons, was told to her friends
in New York today by Miss Eva Gay
of Norwood, Mass, II former Mount
Holyoke college girl, who has been teach
ing school in Spain. and returned from
England Wednesday on the Olympic.
Miss Gay said that she had been told
by English friends, who had relatives
connected with the British war office,
that General Joffre, In response to the
request of General French, the English
commander, for reinforcements TO extri-
cate him from his dangerous position
entrusted orders for the dispatch of such
reinforcements to certain high French
officer. When the execution OF these
orders was delayed an Investigation was
begun II was known that the French
officer had a German wife. His home
in Paris was searched and therein were
found military documents Of a reasonable
nature. The officer was Immediately
court-martialed, convicted and shot
Miss Gay said that she had been told
that the English authorities had refused
to permit publication Of the affair for the
fear of its effect on the morale Of the
English troops.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1914-09-26
ANDREW CARNEGIE
EXONERATESKAISER
Steel Magnates Says that the War
Lord is Not to Blame for the
Great Conflict.
MILITARY CASTE RESPONSIBLE
Group OF Men that Rules Germany
started the Trouble while EN-
pcrOr Was Away on Va
cation at Sea.

NEW YORK, Sept -Indrcw Caruc-
gle, advocate of international peace,
reached New York today aboard the
steamer Maurctania, with a new version
of how the war in Europe started. I'm
tell you how the war started" said Mr.
Carnegie. The kaiser was ON a holiday
on his yacht in the North sea While he
was away he received telegram telling
him to return to Berlin. When he re-
turned the mischief had already been
done.
man, possessed of wonderful ingenuity.
He has done more good for Germany than
any other man before him. He has built
up great foreign commerce ana a mar
velous internal business. The kaiser him
self is a peace loving man
The trouble was started by the Ger
man military caste that rules the coun-
try, The kaiser gathered around him Il
group of men who. unknown to him
acted in concert and in his absence took
the action that is not to be altered,
AS for my own country, | don't know
how to thank God that ! live I'm broth
erhood of forty-eight nations-forty-eigh
nations in one union
America s duty to the world, Mr., Car
negie added, is to point the way to ever
lasting peace. What we want is an in
ternational court to stop war No real
friend of lasting peace wants to stop the
war now. That would be shortsighted
policy and would be but an armed truce"
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1914-09-26
Iron Workers Propose
Union Labor Bank

PEORIA, H., Sept. S.-Resoiutions ap-
proving a Central LatoT Union bank in
Indianapolis were passed today by the
International Association Of Bridge and
Structural Iron Workers in International
convention.
Twenty-seven labor organizations main
tain headquarters in Indianapolis. 1t is
charged that the banks IN the city are
not in sympathy with organized labor.
and have loaned the funds deposited by
unions in assisting In the war against
labor.
resolution putting the association on
record against national prohibition was
voted down. A purse was raised today 10
provide luNuries for President f. NJ.
Ryan OF indianapolis, Edward Smythe of
Peoria and p. ]. Morrin. second vice
presidents. all Of whom are In Leaven-
worth federal prison for particpat don in
the interstate transportation of dyna-
mite.
Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1914-09-26
Must Break Kaiser
If it Takes Years,
Says Lloyd George

LONDON, Sept. 25.-Speaking today at
meeting OF his neighbors held Ut Crlc-
ceth, Wales, chancellor of the eNchequer
Lloyd George declared that the war was
quite unexpected
lie never dreamed II would occur, he
said. until a few days before hostilities
began. He never thought any country
could be so devilsh as to pretend great
friendship and at the same time make
elaborate arrangements to attach. In
deed, he thought war was so far away
that lie had made arrangements TO spend
August and September at Criccieth.
1t took fifteen years TO break Napolean,
the chancellor contonucd He said he did
not think II would take anything like as
long to vanquish Emperor william. but
long or short, England was going to sec
It through.