davidaulloa/AmericanStories huggingface dataset:
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-12
Political camouflase in Germany.


Paris, Oct. 11.-Semi- official sum-
maries in the German press indicates
that Germany. in answer to the demand
for evacuation of occupied territory.
will ask as an offset the evacuation of
German colonies and occupied Turkish
territory.
According to some newspaper COM
ment. published in Germany, Prince
Maximilian will have no difficulty in
announcing without restriction accept
ance of President Wilson's program.
Germany is apparently hurrying. in
view of the new ministerial move. to
appear to be a democratic state. Po-
litical amnesty will be announced and
a new governor will be named for AL
sace-Lorraine. A liberal minister of
war is to be appointed. The whole
movement is expected to result in the
establishment of n responsible ministry.
The rumors persist that these read
justments have been undertaken with
the view to causing the allies to regard
Germany as democratic and to well
come her reply.
Turk Changes Not Vet Completed.
London, Oct. 1.-THE Turkish en-
report that Talaat Pasha, the Turkish
premier. and Enyer Pasha. the war
minister, have resigned. says Central
News dispatch from, Amsterdam.
1t does not. however, confirm the re-
porteds appointment OF Tew1k Pasha,
former ambassador to London. as
premier. stating that he, with Izzet
Pasha, former Turkish commander in
chief, has been mentioned for the pre-
miership.
i Will Not Give Up pAIsaee-Lorraine.
Paris. Oct. 12.-Dispatches from Ger
man sources show the Kreuz Zeitung
of Berlin. the organ of the Prussian
junkers. as expressing bitter disap-
pointment that German diplomacy did
not succeed in disrupting the entente
coalition.
Instead of asking for an armistice,"
it says, I'VE should have offered a
separate peace with advantageous con-
ditions to one or two of the allies. I'm
fortunately it is too late now to take
up again this idea, which should have
remained the chief governing idea of
any government truly German"
The Baden Presse. the semi -official
organ of Prince Max of Baden, the i'm
perial chancellor. says:
IF Germany is ready for sacrifices
it must be understood that she is not
ready to give back Alsace-Lorraine or
a single meter of German. commercial
territory in the orient. Neither ques-
ton can be submitted to any discus
sion whatsoever"
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-12
Many Villages Burning.

With the French Army In the
Champagne. Oct. 12.-Vouziers and
Guise, as we'll as all Of the villages in
the whole region south Of Laen. are
burning.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-12
Reported to Accept ''In a
Sense" President Viii.
sons Conditions.
LEAVES WAY OPEN
FOR PARLEYING
Berlin Bankers Notify Creditors Thst
American demand Viii Not BE Met
-Washinston Warns Public Against
Believing Germany 10 About to Aaks
an Unconditional Surrsnde-PoIiti-
cal camouhase in Germany.

Washington. Oct. 12.-German
,ports that Prince MaximiIian's
rnply to President Wilson's in
quiries has ben dispatched and in
dieatins that "in sense" that il
accepted the presidents conditions,
led to . statement today that the
public should be warned against
believing that Germany was about
to surrender unconditienaIly.
Apparently no such thing as
simple and direct dealing in Ger
man diplomacy 10 looked for and
even IN official announcement from
Berlin that the note meant un.s.
auslitisd acceptance Of Americas
and allied terms s~odid be vis~ssd
sith epsn suspicion until the docu-
r,snt itself had been rsesivsd and.
examined.
Il would be quite in keeping with
German methods TO seek at this
critical moment to hefos the issue
and unsetIe opinion by misleading
statements.
Aside from other reasons, the
Germans might have in mind such
policy to affect the fourth liberty
loan.
Unless Germany is actually
ready for unconditional surrender,
officials hers do no< believe Prince
Maximilian will reply saying he 10
representing the German people
and that the presidents conditions
B.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-12
Hun Resistance S4iMons.

[By the Associated Press.l
With the American Army Northwest
OF verdun. OCT. II. Today's attack
north Of the Argonne forest developed
slowly and at first threatened to be-
abortive.
At the Start the Germans were able
to send in such rain OF machine gun
shells that the Americans made virtu-
ally no advance. a
German opposition was heavy every
where except on the right, where ths
Americans advanced slowly. They
worked into Unul wood. taking ffty-
five willing prisoners in the forest
north OF the Cvunel- Brieulles road.
On the other hand the troops Of tins
left had the stiffest kind OF fighting In
todays advance. They found them
selves held up south Of st. Guvin by
concentrated machine gun and artil-T
lery fire from hill 1872. northeast OF tho
town.
Overcome All Obstacles.
The Americans pushed nortkward In
spite OF everything and began amen
circling movement to take hill No. 1S..
They forced their way across the ST.
Georges st. Guin road and moved thru
Nevgremont woods. under the heavy
fire and lighting every step W the
way.
The American artillery opened fire
on hill 1872 while the infantry advanced
on either side Of this position. creating
what might be termed the St Cham
pignculle salient. This was obliternted
later in the afternoon when the Ger
mans retrcated from st. Juvign and
abandoned the hill.
Even more severe lighting took place
in the center. whore the troops wcrc at
first unable to advance from the posi-
ton gained yesterday between Man
nellie trench and Roman. II was after
noon before the American artillery
finally silcnced the German opposition.
swept with flrc the undcrbrush shout
the wood and advanced
German Delay Means Ruin.
At the beginning Of the week Il wac
the turn OF the loft Of the alllod forces
which struck in thu direction Of Au-
bugue and Guise. Yesterday A-Was tho
right that delivered t1e haew. aianinE
It In the direction of Meaaseea Wlsether
both wings broke thru or Only one 10
immaterial. ~ v
The result will be the same ana tho
longer the Germans resist what APP
pears to be the inevitable the worse for
them. Every day adds to the wasteage
Of their effective material. and X they
hold on too long their retreat would
become rout $s
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-12
Yanks Nearing Bazaney.

Paris. Oct 1.-THE Americans are
closing in on Dun un-sur-Meuse. while
their left wing Is within a few miles Of
Razancy, says Marcel Hutin, in the
Echo de Paris.
Continuing. he says important events
which will change the entire face Of
things, may be expected in this part of
the Woevre front.
lit was announced in Washington
yesterday by General March. chief Of
staff. that the Rainbow division. ~
located in the Woevre sector.1
Orders found on prisoners, says NJ.
ITutin, shows the enemy was instruct
ed to resist on the Suippe river front
until the 18th, at least. in order to
save all the material possible and to
enable the edjacent armies to conduct
an orderly retreat.
General Gouraaud's attack upset this
plan. Altho the Germans had twenty
Ave divisions in the Champagne sec
tor twelve of which were fresh, fear
Of being crushed. caused them to de-
cline battle.
1T'ihe crown prince has moved RI.
headquarters I'm hot haste.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-12
10000 Fench Freed.

with the Anglo American Forces
East Of Cambria. Oct. 12-Neariy 10000
French civilians have been liberated
from the Germans by the advancing
British and Amerians.
Four thousand civilians were found
in Bohain in a pitiful condition, hav-
Ing been without food three days when
rescued.
The $500 civilians rescued from the
Germans at Caudry rushed from the
town waving their arms and cheering
AZ the y British stormcd toward I'll
Tears OF Joy strcamed down their thin.
faces. The Germans had robbed them
of all their belongings.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-12
Most Of Bodies Identified.

A British Port, Oct. 12.---Virtually all
the bodies recovered from the Otranto
have been Identified.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-10-12
fex Aaxa. AGENCY.

easls, Oct. 12.-The Frankfort
Gazette announces that the Ger.
man ans~sS 10 President Wilson,
which has been completed in prin-
cipie, probably was forwarded On
Friday night The Gazette says il
has rsasen to believe the answer
expressed adhesion Of Germany to
the demands Of President Wilson.
Berne. Oct. 12.-The Wont burtau
has circulated FranI<furter
Zeituns dispatch from Berlin stat
ing that the German reply to
President WiIsoQ's note was sent
last night and that il 10 in> q
sense m acceptance.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-17
A Vivid Imagination.

Wall Street was treated to another
gratuitous analysis OF financial condi-
tons by the investment sage Of Welles-
ley Hills, Mass, whose reputation as a
statistical authority Is more deserved
than his reputation as a Judge of invest
ments. His latest advice. like that of
a month or two ago. is to sell all in
dustrial securities on the theory that
they have long since discounted peace
and are now on the way to the depths
Of financial disaster. 1t will be re-
called that his predictions of last sum-
mer were not only unfortunately wrong.
but that after many investors had dis
posed of their securities on his warn
ing the stock market vigorously ad-
vanced. This time he admits there may
possibly be some hope for the country's
financial future, and advises the pur-
chase OF railroad and public utility is
sues. but so far as the stocks OF indus
trial corporations are Concerned their
outlook is so dark that all owners of
securities should sell everything at once
to avoid financial ruin. Who is to buy
stocks lquidated in this way he does
not mention. but II what he says is
coming to pass security prices will be
marked down to zero. The Wall Street
banking people are not disturbed by
such outbursts OF country economists,
but they feel that this Is no time to
induce security holders to sacrifice their
stocks, for, even though financial con-
ditions are temporarily unsettled, tho
best banking opinion Is that the stock
market is fundamentally sound and
there is no necessity for selling invest
ment stocks. Perhaps the financial
dreamer OF Wellesley Hills permitted
his imagination to get the better Of his
judgment.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-17

A compilation OF the average import
prices for tho fiscal year of 1918. by
the National City Bank, shows that
world prices continue to advance, for
the 1918 prices are even higher than
those of 1917. which In turn exceeded
those OF 1916, 1915 and the fiscal year
1914. These average import prices OF
the important articles OF world COM
merce are an exceptionally accurate
method of measuring broadly the ad-
vance in prices throughout the world.
The import price of each article
brought into the country represents it's
selling value in the country from which
exported to the United States As the
aggregate importation of any given ar
ticle represents In most cases the product
OF several different countries and covers
large numbers of importations through
many ports Of the United States, and
extending through the entire year. the
average annual import price based on
these figures may be accepted as a
reliable barometer Of world prices In
the article. In nearly all Of the import
ant articles imported. 1918 average price
figures stand at tho top Of the ascend
Ing scale of prices dating from 1914.
The average price OF wool in 1918 was
81 cents pound, against SO cents in
1917, 2s cents in 1915 and 23 cents In
1915. In copper. Of which the imports
were drawn from dozen different coun-
tries representing Europe. North and
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-17
CONSOLIDATED EXCHANGE.

Values were reactionary at the close
Of ABDUL and narrow market yesterday
in the Consolidated Exchange. Final
quotations showed fractional losses in
the majority OF the active issues, espe-
cially in the industrials There was
firmer tone to the rails, but this group
attracted comparatively little attention
and the close found the list practically
unchanged. In general the market move
ment for the session was irregular with
the supply more pronounced than tire
demand. With the exception OF two or
three issues, the iist could not fully re.
cover from the selling pressure Of the
forenoon. There was a fairly good de-
mand at intervals. which met with
ready response, but these rallies were
not sustained and. as a rule, were fol-
lowed by renewed selling. with ind'ca-
tons of liquidation here and there in The
list. This was particularly true ot Su-
matra. which closed at los. a net less
of AN points. Steel common was &C.
tive. but erratic in movement through
out the session. The oil stocks were The
strongest features in the list. Trading
inuiberty Loan bonds was fairly active.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-17
STEEL MEN DISCUSS
NEW RATE SCHEDULE
Will Ask Government to Fix
Higher Prices to Meet
Increased Costs.
CONFERENCE AT CAPITAL
E. H. Gary to Head Committe,
at Joint Session in Wash.
ington Tomorrow.
CONFERENCE AT CAPITAL

More than 100 members OF the Au.,-
lean Steel and Iron Institute met YEA.
terday In the orf-Astoria n a,,.
cuss with the General Steel Comni,,..
Of which Ebert II. Gary is chairman IN.
prices which will be submitted IN III.
War Industries Board price fixing com.
mittee in Washington tomorrow.
After the meeting Judge Gary SAID
that a committee had been appointed to
present the arguments Of the steel me-,
at the Washington conference. Other,
who attended were not inclined 10 tall,
about the session. but 1t was learned
that small percentage of the pig iron
manufacturers who attended want higher
prices for their products.
Those who favor the request on
Wednesday for higher prices in soma
lines point to the freight rate increases
they have to face as well as TO the ad.
vanced wages they are paying Others
who are credited with being in close
touch with the steel and iron situation
give II as their belief that the commit.
tee will ask to have the prices now in
force renewed.
The General Steel Committee which
will present the prices decided upon nv
the manufacturers to the Government
price fixing committee Is composed o,
Ebert H. Gary, chairman; James \
Farrell. E. A. s. Clarke, Willis l.. King
II. G. T. Dalton, James A. Campbell A.
c. Dinkey. John A. Topping, A. F. Illus.
ton, J. A. Burden. Charles NJ. Schvab
e. G. Grace and L. Z. Block.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-17
GAsLESS SUNDAYS NEAR END.
"The Lamp" Says Conservation oil
OIL VIII He for Brief Period,

The period of gasolene conservation
will be Of short duration. according to
The Lamp. published by the STANDARD on
Of New Jersey. Continuing it says:
THE production of either gasolene or
fuel oil--the two chief derivatives from
crude oll-depends on the consumption
of both. The greater proportion of the
crude oils produced in the United States
is unsuitable for use as fuel oil until the
lighter constituents have been removed,
and as the military and industrial neCes.
stiles demand that there must be no
curtailment in the output of the vital
liquid fuel of the oil burning ships and
the multitude OF munition plants, il fol-
lows that the period of gasolene conser-
walton, barring extraordinary develop
ments, will be Of brief duration, and IN
order that neither the war programme
nor business shall suffer through short
age Of fuel oil. 1t will then be necessary
for the consumption of gasolene to con-
tinue on quite as large scale as existed
earlier in the year"
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-17
"Pure Fiction"

Shipping stocks were in demand at
rising prices, though there was no fresh
news affecting this group to explain the
revival of interest. The Marines were
especially active and the financial COM
munity was reminded of the recent ex-
elusive announcement In THE SUN of
proposed American shipping combine by
cable advices, quoting the Manchester
Guardian as saying that an amalgama-
ton of American shipping interests Is
under consideration. The Streets In
terest in this subject Is heightened by
the characterization of the original story
as pure fiction" by an official OF one OF
the companies involved, though 1t is ad-
mitted in New York financial circles that
the English newspaper referred to has
unusual sources for financial news. The
Guardian stated that one Of the principal
reasons for the forthcoming transfer Of
the British interests In the Mercantile
Marine Company to an English syndicate
Is to prepare the ground for the huge
American consolidation, from which all
British influences will be eliminated.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-17
Sumatra shorts.

Bears in American Sumatra enjoyed
another field day and under heavy SELL
ing the stock lost 5& points net, closing
at 1854. The reason for the stocks
swift descent was the widespread belief
that under the new money restrictions
pools would be compelled to thoroughly
liquidate their holdings. and as Sumatra
had been one OF the popular speculative
issues It was chosen for attack. 1t was
common gossip last week that a break
in the stock was imminent and 1t was
reported in some circles that 1t would
touch par. Yesterday it developed that
big operator had put out an extensive
short line and smaller traders FASTENED
to follow suit when this became known.
The view is held by some, however. that
with the Sumatra financing plan still to
he carried out the shorts may find they
have turned bearish at the wrong time,
for IL the new stock Is to be sold at par
past financial experience would indicate
that the recent severe decline would
work against the success of the plan.
From a reliable source 1t is learned there
has been no change In the schedule to
issue the new stock. but the Street IL
generally bearish and Is willing to back
its sentiment up with its cash.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-17
GOSSIP OF WALL STREET.
Divergent Opinions.

Two distinct opinions as to the mar
ket's immediate future are entertained
in brokerage quarters, though the belief
that no further big liquidation 10 at hand
in the standard issues is commonly ex-
pressed. Yesterdays session also indl-
Gated that at present the market Is try
ing to find itself, an daside from one or
two highly speculative specialties prices
held firm. The difference Of opinion is
over the course OF security prices on the
the money situation remains unchanged
stocks will do little more than mark
time. Others say that with the short in
terest growing daily and the brilliant
war news a moderate rally is In order.
and that II the Liberty Loan shows signs
Of popular success In the first week of
the campaign some appreciation Of this
may occur in the stock market.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-17
INTEREST PAYMENT PASSED.
Third Avenue Railway Again to
Default for Lack of Funds.

The interest due and payable October Y
next on the adjustment per cent bonds
Of the Third Avenue Railway Company
will not be paid for the six months
ended June 80, 1918.
This Is the second time this year the
interest has been passed. no payment
being made last April owing to INSULT
Client funds. The last interest paid was
for the first six months OF 1917. when
IL per cent. was distributed to bond
holders.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-17
Buying Distillers.

A house which figured prominently in
the early stock market career of Dis
tillers Securities has begun reaccumulat-
ing its stock, though representatives of
this firm were extremely reticent re-
garding the reasons behind the buying.
There was nothing to give the appear
ance OF pool operations. which are now
taboo in polite financial circles. but the
character of the buying is sufficient to
identify it as of the best.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-17
Austria's Peace Kite.

The Austrian peace kite had prac-
tically no effect on tho securities market,
though 1t was a topic OF lively discussion
in banking and brokerage circles. Opin-
ion was strongly against entertaining the
peace feeler seriously. though a number
of important bankers asserted that they
believed something tangible might de-
velop from fresh exchange Of war aims
They refrained from making public
however. pending the ofhcial
reply Of the Allies.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-17
COFFEE MARKET.

Market for coffee futures opened IT,
regular. points lower to points
higher. with Wall Street again selling
the distant months. Much of the bus.
ness was in switching operations in De-
cember to later months. Early cables
were rather disappointing. Santos ~
lures showing declines Of rs to 1875 res
but later cable reported sharp sd'
vance OF $50 to 175 refs In futures and
this caused n little covering on the local
exchange, final prices being net IN
changed to an advance of points.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-17
BRAZILIAN COFFEE STATISTICS.
Exports From New York.

Exports from New York yesterday m
cluded: Wheat, 240.00l bu.; cornWeA'
1892 bu. bacons, $4,000 lbs h'uI'
ASH bbls. rye -four. 1874 bhIs pu'IS.
81. 100 lbs. (; lubricating oil, 5+',Soo ga
Exports from New York last wee"
cluded: Wheat. 1,9S7,l4O bu, rye 80
&C. bu.; peas. 4.2s7 bu.: cornmeaI -.
262 bbls; bacons, l,so5,i7b lbs l.o.
eating oil. l,oso,1o0 gals; corn, ~"
blu. oats. 1909 bu. -four, 1895 pp'I
rye -four. 334 bbls. lard, l,3jV'SVV 49,
butter, 31,10o lbs.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-17
Not Renewing Time Loans.

1t was reported on excellent authority
yesterday that some firms were notified
by the banks that time loans coming due
would not be renewed and that stocks
being carried in this manner would have
to be disposed of or financed through
call funds. This is only another sign
that the bankers have no intention Of
removing the lid as long as Government
demands continue heavy.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-17

LIVERPOOL, Sept. l6.--Cotton spot =
fair demand, prices weak. American ,nlu'
ding. fair, 25.73d. good mdt.'s
2b,04d. middling. 24.i1d. low midd'ns
2a.36d. good ordinary. 21.s4d. ord'hai,,
2l.32d. Sales. 1000 bales, incIuuns
100 American. Receipts, 5000 paIs
including $500 American, Futures
closed quiet
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-17

South America, Asia ana Africa. the
average price Of the importation of
1918, in the form OF pigs, ingots and
so forth. was 26 cents a pound. against
10 cents in 1916 and 1874 cents in
1915.
The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-17
DIVIDENDS.

Stock OF Pay
Record. able.
Canada Cement Co.. q.
central ii Coal Coke Co.. q,
f pf a. w.. ........ Oct. Oct. Is
cn RR.s a. s.. Sept 10 Sept. rs
ment Co.. a. tx g.. Sept. 20 Oct
Da ~ a. ifso' ......... Sept. 90 Oct. /
Eastern Tale Co, q. u 20 Sept. ls Sept. 1s
Gold Stock Telegraph Co;
could 10; /" M 4 Co.. Ltd. ; q, ~ OCT
could MFG. Co. Ltd. pr. q;
re sS% Co. D. C.. pr. q:
Howe Sound Co. q. SOC. Oct Oct. is
Kaufman Dept. stores, pr; a.
Krsss Co. s. H, q. IL ): Oct. 10 Nov. /
N1 Isss Co.. :: 49, y. Sept. 20 Oct.
AI pf. a. iH%......;::.: Sept. 20 Oct. l
fhe' O. 75c. -. Sept, 20 Oct. l
Marie. s:a, az Sept 20 Oct. Is
Marie pr. s1a. az = Sept. 20 Oct. Is
ot ;ass Light. Heat Pow: % NOV
a. az 49,: Sept 20 Oct. 10
pr a, I&s,,..:.a.;.;;sept, 20 Oct 10
Pacific Telephone Tel. Co.
ph Phil 4 Western ny pr. q. -
lAeo ..................Se Sept. so Oct Is
50 ...,:.......... 49,. Sept. 80 Oct. 81
s. ......:.......,.:.. Sept. so Oct. al
Reed Prentice Co, pr. q.
No sept " oct.
Ssc ....,............... Sept 80 Oct Is
Torrington Co., q. so Sept. 81 Oct. 10
Torrington Co, ex, 10. Sept. 81 Oct. 10
Trsnsue & williams Steel
Forg. Corp, a. S1.25. Sept. 80 Oct. Is
United Verde Exten Ming
CO., q, soc. ............O Oct. Nov. ]
United Verde Exten. Ming
Co, ex. csc, ...........O Oct. Nov.
:Sc .......,....... -. Sept. 21 Sept. 30
West India Elec. Co.. Ltd,
Y, Ia 60 .............. sept. ~ Oct.