Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-10-09

New York, Oct. s.-Owners, agents
and others interested In vessels near
the Atlantic coast flying the flags Of ma
tions hostile to Germany passed an un-
easy night and today sought every ave-
nue. of news of their ships.
Many of the vessels within the u
boat danger zone are carrying scores Of
American and European passengers. in
cluding some notables In financial, busi-
ness. theatrical and social circles.
1t seemed doubtful today that the
submarine raid would result In gen.
eral tie-up In shipping Of entente ma
tions in American ports but one Of the
most important companies, the Interna-
tional Mercantile Marine Company. is
sued orders that no British ships of that
line should leave Atlantic ports pending
further orders.
This order stopped the sailings Of all
steamers of the White Star. Atlantic
Transport, Leyland. Dominion and Red
Star lines and vessels Of the White
Star-Dominion line sailing from Mon
treal and Quebec. The order will not
interfere with any Of the vessels under
the American nag.
Avoiding Armed Vessels.
Officials Of the Cunard, French and
Italian lines declared that their passen-
ger and freight vessels would sail as
usual. All Cunard vessels, it was
pointed out, are armed with At inch
guns and the German submarines have
thus far avoided vessels SO armed.
The Alaunis, Of the Cunard line,
sailed from here Saturday. after word
had been received of the arrival of the
U-53.
The French liners carry 3.5 inch guns
and the freight boats carry inch rapid
Italian flag mount inch guns. DAN
ger from submarine attacks on the
American coast Is less than In the war
zone Of European ports, officials said.
Many Freiohtsrs in Danger Zone.
| More than a score Of passenger and
freight steamsrs are believed today to
be near Nantucket. Many are believed
to be laden with war munitions.
The Anchor liner Cameronia is due
here today from Liverpool with 600
passengers. Wireless warnings were
sent to the captain yesterday directing
him to look out for the U-53
The French liner Espagne is due to
arrive tonight. or tomorrow from Bor-
deaux, bringing a number Of Americans,
it was said.
The steamer Frederick VIII, Of the
Scandinavian American line, which Is
bringing home James w. Gerard, the
American ambassador to Germany, and
Mrs. Gerard, was 900 miles east of New
York at noon yesterday.
All the vessels destroyed by the SUBJ
marines have been Identified. except
possibly the Kingston" She Is believ-
ed to be British paddle steamer built
for the Great Lakes trade. She was
Of 1925 tons.
Markets Affected.
Marine insurance rates today jumped
/ to per cent owing to the German
submarine activities. Rates to Havre
and Bordeaux increased from y and y
of 1 per cent to per cent.
The stock market was thrown into a
state Of panic at today's opening in con-
sequence Of activities of German sub
marines in American waters. Promi-
nent stocks, particularly the war group.
declined S, 10 and in few instances
nearly 20 points. After the most excit-
ing half hour seen in the stock market
| since the panic Of 1907. the liquidation
| was stemmed by q heavy volume of
buying orders.
Recoveries ranged from 4 to points
| while Republic Steel virtually regained
it's Is point decline. Sales In the first
hour reached the unprecedented total OF
approximately 100000 shares.
Some brokers were asking for trans
| Atlantic insurance as high as 10 peg
| cent
To South America and the Panama
canal rates advanced from A@M Of !
per cent to 2 per cent.
Tho advance was the biggest In rates
! since that which followed the news OF
| the raids Of the MoeWe In tha South