davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1918-05-26

vestments in this country.

vestments in this country.
An interesting development in con-
nection with the market for Spanish
peseta exchange was the announcement
from Madrid that the Spanish Finance
Ministry has presented bill in the
Parliament the effect of which is to
place Spain on a gold basis. The bill
provides among other things that sill
yer shall not be legal tender in
amounts of more than SO pesetas, cx-
cept for payments to the government.
Until proper facilities have been made
available for minting the gold coin
needed foreign gold coins will pass at
their currency value in Spain. The
Bank Of Spain has increased its gold
holdings enormously since the war be-
gan.
American firms in need of exchange
on India to pay debts in that country
are now receiving allotments of rupees
from the Federal Reserve Board, which
is drawing against the large credits OBJ
tanned in India through the shipment
of silver to the Far East
Closing rates yesterday, compared
with a week ago, follow:
New-York tribune., 1918-05-26

Bank Clearinys.--The days bank clear
ings at New York and other cities were:
Exchanges. Balances.
New York. 900. .$39,417,991 $7,223.554
Philadelphia..... 58,74O,439 1885, ,264
Sub-Treasury.-The banks lost to
Sub-Treasury yesterday $329,000.
Silver.-Bar silver in London was
48Ad, unchanged; New Yorks99 hc, un-
changed; Mexican dollars. nc, un-
changed,
LONDON, May 25.-Money was easy
at 2M per cent. Discount rates were
quoted at: Short bills, 3h per cent:
three months bills, 39-16 per cent.
Gold premium was quoted at Lisbon
$50.
New-York tribune., 1918-05-26
Money and Credit

Surplus reserves of the Clearing
House banks decreased $4,236,900 to q
total Of s41,e63, $40, according to the
weekly statement issued yesterday.
Loans and discounts contracted $780,
015,oo0, the total now being $4,549,411,- =
900. Net demand deposits of the banks
increased $57,981 900 last week to a
ment made heavy Withdrawals during
the week, its deposits with the local
banks falling from $514,178,0O0 to
1854, ,015,00O.
The Federal Reserve Bank of New
York reported an aggregate Of bills
discounted and bought of $581, ,158,253,
compared with $499, ,O00-a a week ago,
indicating that the member banks did
considerable rediscounting with the
central institution. Total gold reserve
of the local bank increased approx
mately $3,o0o,0oo.
The actual condition of member
banks shown by the Clearing House
statement yesterday follows:
Loans, discounts, invest
ments, etc. 50, ,549, ,411 600
Cash in vaults Of Federal
Reserve members. ..... 1o3,424,ooo
Reserve in Federal Re-
serve banks s.~......... 61o,712,ooo
Cash in vaults of state
panies ........ ..... 1e,442,ooo
Reserve in repositories. 7,517,0OO
met demand deposits. 80. 3,7O8, $4,000
Net time deposits. ........ 164,030,O00
Circulation ............. 36,832,00O
Aggregate reserve. 634,671 900
Excess reserve. ........... 41,963, $40
tUnited States deposits deducted,
1864, ,015, 900.
The changes from a week ago were:
Loans and discounts. .. Dec. $30,015, 900
Cash in vaults of Fed
eral Reserve men,
bers ................De 1866, 900
Reserves in Federal Re-
serve banks. Inc. $4,000
Reserve in vaults of
state banks and trust
companies Inc. $4,000
Reserve in repositories Dec. 716OOO
Net demand deposits. Inc. 67,o81 900
Net time deposits. .... Dec. 6,a88OOO
circulation ........... Inc. 10000
Aggregate reserve. Inc. 3,167, 600
Excess reserve. Dec. 4,235, 900
Bank Acceptances.-Rates were un-
changed as follows yesterday:
Thirty Sixty Ninety
Spot de- days. days. days.
livery: Per cent. Per cent. Per cent.
Efigi ible
m m ber
banks. :. .4N@4 4A@4h 4h@4M
E Eligible
non-mem-
Der banks. .4N @4La 4h@4LA 4h@4A
Ineligible
bank bills6A@4a4 5I4@4s4 6L@4s4
For delivery within thirty days:
Per cent
Eligible member banks. ......... AZ,
Eligible non-member banks..... AZ
Ineligible bank bills ls.........,6
Discount Rates.-The following table
gives the current rates of the twelve
Federal Reserve banks on commercial
New-York tribune., 1918-05-26
Market Barometers
Stock Exchange Transactions

Stocks
Rail- Other All
roads. stocks. stocks.
Yesterday %. $1,000 1896, 100 448,7o0
Day before. %. 46,8O0 $4,000 e3f,S0o
Week ago. -. 6S,5OO 436,400 504,900
Year ago.. 47,5O0 716,900 764, 400
January to date:
1913. 7,425,O0O 100000 5S,438,0oo
1917. e,143,2O0 $685., 400 79,100,6oo
1916. ID, 1866, 400 61,8o1, 100 1868, 500
Bonds
Day Year
Yesterday. before before.
U. S. gov.$2,271 eco $4,2a3,ooo -
Rails .. $4,000 $4,000 Sass, 900.
Others 21s,0o0 e63,000 $4,000
All bonds 100000 5,574yoo0 1,17a0oo
January I to date:
1918. 1917
U. s. gov'nts. $358,317,o00 $26f0oo
Railroads 80. 68,856,000 147, ,871NM
Others ..... 146, $4,000 304,29600o
All bonds. 80. 573,416,oo0 452,42S0oo
New-York tribune., 1918-05-26
Washington

President Fixes Zinc Prices.-WASH-
INGTON, May 25.-President Wilson
to-day fixed the price of zinc for a
period until next September as fol-
lows: Grade A, IL cents; plate, f. o. b.
plant, Ia cents; sheet, +. O. b. plant, Is
cents. The prices are subject to the
usual trade discounts and differentials
in effect on February 13 last. The price
was fixed under an agreement with the
industry by which producers will not
reduce wages. 1t will be the same for
the public, the Allies and the govern
ment. The War Industries Board will
direct distribution to prevent zinc from
falling into the hands Of spectators.
Producers pledged themselves to exert
every effort to keep UP production to
insure an adequate supply.
New York Banker to Aid Foreign Ex-
change n.-WASHINGTON, Nav
25.-D. H. c. Penny, vice-president Of
the Irving National Bank, Of New York
City, has been appointed assistant di-
rector of the Federal Reserve Boards
division of foreign exchange and has
severed temporarily his connection with
the bank.
New-York tribune., 1918-05-26

Discount Rates.-The fol- owing table
gives the current rates of the twelve
Federal Reserve banks on commercial
paper on all periods up to ninety days:
New-York tribune., 1918-05-26

Below is given the current exchange
value of foreign money in dollars and
cents, together with the Intrinsic gold
parity, as calculated by the United
C&a&o Mint.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-12
WORK OF GERMAN AGENTS.
Effort Being Made to Lower French
Prestige in China.

Correspondence Associated Press,l
PchinC. Sept. 1.-THE hand OF Ger
many. working 10 lower French pres
tigc in China, Is seen by the French
LEGATION here In the recent attempt TO
open diplomatic relations between
China and the vatican. The legation
SAYS il has collected evidence to sup
port the charge.
When It was announced several
weeks ago. that the Chinese govern
mont had appointed minister TO the
vatican and that the papal delegate to
the Philippines. Monsignor Petrelli.
had been appointed papal nuncio 20
China, the French minister immediate
~ lodged n protest The protest was
based on the claim that the appoint
ments were made In CONFIRMATION OF
the Tien Tsin treaty of 1858. which
recognized French protection of Roman
Catholic missionaries in China. and
that they were against the spirit OF IN"
alliance between China and the entente
nationS.-
While negotiations were under way
China communicated to the pope that
Monsignor Pctrelli was personal non
-rata in Picking for the reason that ne
is n personal friend Of Admiral HintZe,
late German minister to China ana
now German foreign secretary
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-12

Rheims make steady gains and take
many prisoners.
4-Americans push steadily forward
and take many prisoners east Of the
Argonne forest.
The smaller map indicates the past,
present and intended defense lines Of
Hindenburg. The events Of the past
few weeks have shown that the strong
est German defense lines can not pos
sibly stand up against the hammering
Of allied artillery. The Hindenburg
line-otherwise known as the Wotan,
Siegfried and -Alberich liness-has been
passed turnout practically it's whole
length. Most Of the Hunding line has
been taken by French and British and
the Brunnhilde line has been pierced
by the French and Americans north
west Of Verdun.
The Kriemhilde line seems doomed
as the Yankees and French continue
their onslaughts in Champagne Back
of these defenses is the Metallic line
running thru Sedan, which may be the
position behind which the Hun may
next withdraw. Still farther back an
OtueT Oe1euSe line IS uNucT COHStTuC.
ton. # It runs from Valenciennes to
Givet. From Givet to Mezieres the
German high command would depend
upon the Meuse river to serve as a
continuation Of the new line.
Recent activities on the western
front are indicated on the map.
1.-The Germans continue to draw
back their lines on the northern end
Of the battle line and indications Of
general retreat are plentiful.
2.-Britisk troops are advancing on
the sector near Lille.
3.-From Cambraf to st. Quentin the
British continue to make great prog
ress. A.
4.-On the Chemin DIES Danes the
Italians have captured important
heights and the Germans are now
evacuating their natural stronghold
5.-North and northeast Of Rheims
the French have broken the German
line on wide front and continue to
make progress. They have crossed the.
Suippe river at several points and are
pushing on toward the Aisne.
Con the American front northwest
of yerdun steady progress is being
made. Berlin admits the United States
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-12

ward on the line between Nerdun ana
the Suippe river When this is ac-
complfshed the second phase OF the
campaign will be inaugurated and an
attack may be expected somewhere
along the border of German Lorraine
southeast of Metz. The Franco-Am-
erican line along this front 10 only five
to ten miles from the German border
and soon the American flag will be fly
ing over German soil hitherto un-
touched by the war The civilian pop
ulation of Metz has been ordered by
Hindenburg to evacuate the city.
showing the Germans are aware of
the intentions of the allies.
The wholly unexpected German col
lapse between st. Quentin and Cam
brai, however, may upset any plans Tor
drive to the Rhine Marshal Foch may
have planned on the Lorraine front.
AS the enemy stands today. with
great gap torn in the center Of the
lines that were already struggling to
extricate themselves and get back to
shorter front. there is the possibility
Of crushing and immediate military
victory for the allies. Should the
French to the south or the British to
the north also succeed in breaking
through before the Germans can com
plete an extensive retirement the cap
ture or destruction of a whole enemy
army group might be accomplished. In
the opinion of observers the situation
has almost limitless possibilities and
Marshal Foch is virtually certain to
concentrate every ounce Of power at
his command in an effort to execute a
final coup. For this reason it does not
appear likely that the Rhine drive
plans will develop until the situation
clears in the north. Should the Ger
man armies escape the triple trap be-
tween Verdun and the North sea, how
ever. and establish a line on the Meuse
front, many officers are confident that
the center of attack will swing sud-
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-12
stomach GOOD As
new. four Doc.
TORS GAVE Her R'
MRS. HENDRICKS, BEpFAsr FIVE
MONTHS, WAS ABLE 10 Work
IN TWO WEEKS.

'T was sick last winter for I'VE
months. with stomach and bowel trou-
BILE Could not turn myself In bed VIA
out help was under the care OF four
doctors. and they gave me up. Then
Mr.. Mills, the druggist, persuaded my
husband to try bottle Of Miiks Emul-
sion. had only taken II two days un-
til was sitting up in bed. and In two
weeks l was doing my own work
When began taking n weighed only
70 pounds: now weigh - pounds..
Mrs. Mary Hendricks, 800 Litchheld
Road. Owensboro. Ky.
Thousands OF people who have su6er-
ed for years from stomach and bowel
troubles. have found relSef ~ MrA.
Hendricks did. almost from the nrzt
dose of Milks Emulsion. And Il ignt
merely temporary relief. but real last
ing benefit
Milks Emulsion Ii pleasant, nutfi-
tive food and corrective medicine II
restores healthy natural bowel action.
doing away with an need Of pills and
physics. 1t promotes appetite and
quickly puts the digestive organs in
shape to assimilate food. AZ builder
OF flesh and strength. Milks Emulsion
is strongly recommended to run down
nervous people and II has produced
amazing results in many cases Of tu-
berculosis OF the lungs. Chronic stom-
ach trouble and constipation ara
promptly Enthusiastically in ono day.
This is the only solid emulsion made.
and 30 palatable that It n eaten with
spoon like ice cream. A truly won
derful medicine for weak, sickly chill
dren.
No matter how severe your eass. ron
are urged TO try Ni1ls Emuls3on undef
This guarantee-Take ok bottles home
with you. use II according 70 directions
and IL not satisfied with ~ rsgults,
your money VIII b promptly refunded.
Price eoc and $40 par bCttls. Ths
Milks Emulsion Co.. Terre HautA Ind.
Sold ana recommended by IN leading
dr,lGGiStS Eli.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-12
kRanks Of AmsvjeGp
Soldiers n Fvaweg
Crov in ths NiDle

Correspondents Associated rFeeAy
London. Sept. ss.-"Americaa ~
diers seem 20 grow In Tho might - t1lAe
each morning there arc moro Of ths0
than before" writes . Brittsh eoe9see
I'm France to his relatives In Bno0an4
Americans arc The topics OF ceavse1Ae
ton everywhere" he continues 1he
villages are fun Of them.
Their automobile trucks are 0a al
the roads and their columns Of iafAn-
try are everywhere. We are bc9inninG
10 know the songs they sing and shs
phrases they use.
"To many OF us they were = ooWs-
plcta mystery mt FIRST. We had heard
OF America only IN q distant country.
Then suddenly they were In FraacA--
tall. well-trained men with . gunius
for making friends and adapting than.
selye, 20 new conditions. We wMtched
them with curiosity at nrst, surprised
to lind how like they were TO otoee
men. M NN
"Thcn. before we had quite recovered
from the first pleasant surprise. they
were nghting.--makiug reputation In
trade where the test In not easy.
They came UP from their villages sang-
ing and filtered into the trenches. more
and more OF them each day. The pa.
pers began to talk about their nghting.
but we thought surely they can not be
doing much yet.' And then all AZ once
we began to see II for ourselves and
we were of the opinion straightway
that the papers had not grasped the
wonder of the facts.
''They were so keen and so fresh,
those first Americans. And every day
others as keen and fresh are going up
to the line, and every day their places
are being taken in the villages by yet
others. What would the Germans shy
If they really knew all this. one wons
dersT
"'rhey are merry and light -hcarted,
hut underneath they are taking THIS
business very seriously. and some OF
their talk shows il That's the way
~ take ones fighting. you KNOW
neither too much in earnest. which -
morbid-nor too much as a Joke. which
is foolish The wise man In he VINO
neither overrates himself nor UNDER
rates danger The Americans are wise
men.
The peasants like them: the old
French mothers mother them. They
have an instinct which gives them q
realization Of the Inconsistencies which
must some times come to these men.
When years have gone by. and " -
possib,c to see the war In perspective.
| Il may be possible to give full value
TO what those women have done.
Meanwhile, as | was saying, the
Americans go on arriving and spread
! ing all over France"
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-12
go to He'll" Ya1k
Reply to Demand
They Surrender

| TCorrespondence Associated Press.J
With the American Forces North
west of Verdun, Oct. 9.-[Delayedl-
The brightest spot in the heroic and
! amazing story Of the now famous
| lost battalion" which belonged to the
Seventy seventh division. was the
climax to the fourth day Of the troops
beleaguerment in the Argonne forest.
When the men were long foodless
and almost without ammunition and
when many were weak from exhaus-
ton, but not one despairing. an Amer
| lean who had been taken prisoner by
the Germans suddenly appeared among
the beleaguered Yankees.
The man had been sent blindfolded
from the German headquarters with
typewritten note to Maj. Whittlesey.
reading:
"Amehcans. you are surrounded on
all sides Surrender in the name OF
humanity You will be well-treated."
Maj. Whittlesey did not hesitate a
fraction of a second
Go to HE'LL" he almost shouted.
Then he read the note to those arund
him and his men, Notwithstanding their
peril, WEAKNESS and hunger cheered
50 loudly that the Germans heard them
No Surrender, Mon Cry. 4.
| None Of the battalion could know
that relief would come. but every man.
| wounded or well, enthusiastically ap-
proved Maj. Whittlesey's abrupt an
swer when the news Of it was circu-
lated through the position.
| A composite story cleaned from a
dozen recitals reveals that the battalion
when ordered to advance last Friday
pushed its way so rapidly thru the
forest that 1t allowed the Germans to
infiltrate unseen behind the lines.
The enemy had planned to catch the
Americans in q hollow surrounded by
| heights, the greatest OF which was n
steep hill directly ahead. The Ameri-
cans filled with eagerness, dashed into
this hollow without stopping to think
| that the enemy might be awaiting
! them.
The battalion was at first checked oy
the American artillery barrage, which
| had not worked forward as fast as the
troops, and the battalion proceeded
half way up the hill and ther they
waited for the barrage to pass In front
of them. Then they discovered that
the Germans on both sides had fianked
them and had closed in upon their rear.
Steel From All Sides.
Sheltered only in shallow and has
tily constructed trenches, the men we're
subjected to a grlllng sniping machine
gun fire as we'll as a trench mortar
bombardment every time they showed
themselves. Only with the greatest
difYicI,ltyg and with extreme caution
could they move and keep guard
against surprise attacks.
] & Day and night they sent back vol
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-12
CELEBRATE FRENCH VICTORY.
PoiIous and Yanks Join in Services at
Sainte Geneveve.

With the American Troops in France
Sept. l.-(By Mail.)-In little she'll
stricken churcA in the town of Sainte
Genevieve. pcrched on hill command
ing a view OF Metz, Americans ana
French, soldiers and civilians. Protest
ants and Catholics, gathered today in
solemn celebration Of the battle OF
Sainte Genevieve..~fought and won by
the French just four years ago,
The village priest beamed with de-
light as he sazed upon his unusual
flock" climbing up the hilly streets
which led to the church. In the shat
tered belfry. with its gaping walls. stiil
swing two beautiful bells. and these
pealed out a joyous note as the hour
for early mass approached. =
The little church was crowded with
men in khaki and horizon blue, with
few old men in the more sombre
shades Of civilian cloth, and women
and children gaily clads The service
was as impressive as II was simple, as
tho kindly priest asked blessings upon
the Americans.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-12
troops have reached the wooded
heights north of Exermont.

|
America is playing a prominent part
in the victorious battles being fought
from Verdun to the sea. General Per-
shing has divisions engaged on three
fronts of the long battle line. The
Yankees must be in considerable force
in all three sectors in which they are
engaged. altho the divisional units and
their number are not revealed in the
dispatches The British and Canadians
were assisted materially by Americans
in the capture Of Cambria, which has
stood as bulwark Of the Hindenburg
defense system in the north. Probably
several divisions from overseas are
battling side by side with the French
and have accomplished the difficult
tack of driving the Germans from Ar
come forest, which because of the
formation Of it's terrain has been con-
sfdered by the Germans as almost in
vulnerable. At the point north of Yer
dun where the main forces, of General
Pershing are linked with the lines OF
the French the Americans have driven
the enemy from positions long held by
him. The Americans Lin this area
battled over ground which has been the
scene of some of the most sanguinary
struggles Of the war. The Americans
in fact, have made possible the entire
offensive operation which had it's in
ception at the Marine and has contin-
ued with unbroken success.
The second considerable advance of
General Pershing near Verdunt bears
evidence of being preliminary of the
great pincer movement which is to en-
velop Metz and squeeze that German
stronghold from the grip of the kaiser
and thus open the way for an advance
Of the Americans to the upper reaches
Of the Rhine in Alsace and Lorraine.
At the moment Foch and Pershing are
intent on pushing the Germans north
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-12
an,eer .cou.las par.les. but none evev

untcer scouting parties. but mono evc'
returned
Daily American aviators serchins
vainly for them flow overhead. but no
cutlery the men could make broughS
anything but shouts and laughter from
che Germans surrounding them
There were German machine gun
nests all around them, and IL a man
made noice trench mortars pounded
The vNlnity yic.ously,
Just Tor diversion the enemy made
practice of sweeping the whole terral
the hillside where the improvised
trenches were located and the valley IN
which the men crawled to get leave
and fundamentally and then irrcgu-
larry with machine guns,
Vanks Never Give Up Hope.
SnIpers were constantly on watch
German us pounded the locality and
hand grenadcs also were used hourly,
The Americans had no rockets or other
Signals and they were powerlcss to at
tract the attention OF any one but the
Germans,
As the days passed the Americans
grew more and more cmociated and
more and more bearded, hut they never
gave up hope. Their ammunition was
depleted 20 a point whore the few ma
chine guns in the OUTFIT had but one
belt of cartridges apiece and the rihe
ammunition was running so short that
they had received orders not TO fire at
any one attacking until within such
short range that his death or serious
.'rr ~'~,ost inevitable
Capt Leo Stron,ec, OF San Bernar-
q, Al, laid his men jcrred at the
idea of surrender, and the men who
came out of the four days siege are
united In declaring that they never
would have given up.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-12
Took Out Dreadful Soreness.

When the kidneys are weakened Or
overworked so that they fail to litter
and throw all impurities out OF the
blood the poison remains In the syssem
and backachc. soreness, lameness and
rheumatic pains are likely to devssop.
Mrs. David Henry, 65 s. Lincoln, Ave.
Washington. N. J., writes: Foley KID
ney>Pills are doing me much good. both
my kidneys and the rheumatism. They
took all the dreadful soreness OF *
my limbs. Sold everywhere.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-12
MORE HUN RUTHLESSNESS.
Captured Army Order Shows German
Methods In Occupied lands.

WeSVOO8 SSSSHSVa ~AVSS'
Correspondence Of Associated Press J
With the American Troops In France
Sept. 24.-Renewed evidence Of Ger
man ruthlessness in dealing with the
Civilian population OF invaded terri
tories is contained In a captured army
order. 1t prescribes the treatment and
the procedure to be followed In sec
ton south Of the vesle river (Marne
salient.)
All the inhabitants capable of work
ing the order says, must be used Tor
the needs Of the army, regardless OF
their age. Their Salaries" are to be
paid in paper currency at the rate OF
so cents a. day as the maximum Tor
men; 40 cents for men and women be-
tween the ages Of II and 20, and sc
cents for boys from Is to IT,
The inhabitants, however. must pay
in French gold or silver for their IA =
tons. The supplies Of course were
taken from the population before be-
ing sold back TO them.