Dollar Rules as Foreign Exchange Tumbles in War Demand
Banks in New York discuss the rapid decline of sterling francs and lire as American munition orders push payments in dollars. Foreign buyers bear the depreciation impact while U S manufacturers face payment terms in dollars rather than pounds. Rates hit new lows with sterling around 4 1 2 to 1 and francs near 9 20, closing mixed amid a bankers’ informal conference at Morgan.
MENTIONED IN THIS ARTICLE
New York
Europe
Follar
Wall Street
PF Morgan
Died notices from Washington area obituaries listing multiple individuals
Multiple August 1915 obituaries for residents including Rose Carroth ers Julia Gacking Alta Vist Uhr, Lip Gaskins, Betsy Lege r, Tipscomb, May Emeline Martin, Susan Lockwood Forter, Wallingsford, and Wor ris Pool. Notices give residences, ages, and funeral details with inter ment at Oak Hill Glenwood Bethesda and other local cemeteries.
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Carrothers
Twentieth Street
Northwear
Hig
Alta Vist
Bethesda
Arbtas
Sallie N Leger
Bipscomb
Kiap
Worris Pool
Charmion Pa
Susan Lockwood
Charles Wencell
Batavia
Wallingsford
S ‘Street
Sveah
Malcom Walongsford
First Ever British Loan Placed Abroad Sought
London Aug 16 A major effort to issue large short term high rate bonds for sale in New York would ease Britain’s failing exchange. George Clarke and others argue a foreign loan, likely five percent two year bills, would appeal to American banks and investors while relieving exchange pressure.
MENTIONED IN THIS ARTICLE
London
George Clarke
New York
Mr Clarke
Morgan Back At Office After Wounding Recovery
Financier J P Morgan appeared at J F Morgan and Company on Wall Street today for the first time since he was shot on July 3 at Glen Cove New York. He showed a bronzed face and walked with a firm step despite private detectives remaining around the building.
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Holt
New York
J P Morgan
J F Morgan and Company
Wall Street
la Sumner
Glen Cove
Bhric Muenter
Frank Holt
Mr Morgan
Noted Georgia Prisoner Seized by Armed Mob
Leo Frank, Atlanta pencil factory superintendent convicted for the murder of Mary Phagan, who faced execution after conviction, was moved from the Georgia prison farm by twenty five armed men just days before the scheduled date. A recent inmate had tried to slit Frank’s throat in his sleep.
MENTIONED IN THIS ARTICLE
Leo Frank
Atlanta
Little Mary Phagan
Georgia
Frank
Police scandal witnesses heard in new batch case
A new batch of witnesses testifies in a police corruption case linked to Laskey's office. Assistant UO Hawken spends a day securing testimony intended to corroborate existing evidence. The proceedings target policemen, with details not yet disclosed.
MENTIONED IN THIS ARTICLE
Hawken
Laskey
Five DLE in Munitions Plant Blasts Stir Inquiry
McComas Hawken United States attorney examined fifteen to twenty witnesses over two weeks to verify alleged hush money payments by Metropolitan Police members, including higher ups. Grand jury had not considered this evidence. Aetna Explosive Company's Grove Run plant explosion injured two other buildings damaged. cause likely unknown. Company officials noted the site was filling war orders.
MENTIONED IN THIS ARTICLE
S McComas Hawken
United States Attorney
United States
John E Laskey
Yeaterday
Waa Con
Emporium
Aetna Explosive Company
Planti N
Grove Run
France to issue defense bonds at post offices
Paris August 16. Following a suggestion by Finance Minister Ribot the government will issue a decree within two or three days placing on safe at post offices national defense bonds of 20 francs and 100 francs bearing 5 percent interest. These bonds may be exchanged for larger denominations when the holder desires.
MENTIONED IN THIS ARTICLE
Paris
Ribot
National Defense
Finland May Be Invaded By German Troops
Stockholm reports Aftonbladet learned that a German landing on the Finnish coast is expected soon. Russian authorities are said to have instructed the population on how to act in case of invasion.
MENTIONED IN THIS ARTICLE
Stockholm
Aftonbladet
Haa
Graft Allegations Surface as Grand Jury Delays Action
Grand jury members, after returning eight to ten indictments, were excused until Monday as prosecutors seek to close the probe this week. Witnesses linked to Washington underworld and graft allegations may implicate more police members, with two indictments last week. Former detective Klein dienst appeared with bond.
MENTIONED IN THIS ARTICLE
Laskey
Agsistants
Allies to Base Action on American Precedent in Cotton
Washington learns of unofficial Allied plan to declare cotton contraband and block German shipping. Britain France Russia and Belgium push for change while Japan's stance remains unresolved. Debate centers on effect on U S cotton growers and adherence to 1865 precedents.
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Washington
Britain
France
Russia
Belgium
German Liberals Seek Annexation of Land East West and Overseas
Berlin Aug 16 Resolutions calling for expansion of German frontiers east west and overseas were adopted by the executive committee of the national liberal party. The resolutions pledged support for a war policy expanding frontiers to protect militarily politically and economically and to compensate for sacrifices already made. Ernest Bassermann was fully endorsed as party leader and the party vowed to back any government pursuing the outlined arms with firmness, two votes against.
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Berlin
National Liberal Party
Reichstag
Ernest Basserman
Arma
Iron Crosses Given to 450000 Their Cost to Date About 700000
Berlin reports iron cross awards near five hundred thousand with 31821 crosses of second class up to March 31 per Cologne Gazette. First class grants at 648% of those recipients, total cost about 2,800,000 marks or 700,000 dollars. In 1870 71 campaign, 45,791 second class and 1,4 first class crosses were issued, with more than 12,000 recipients officers.
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Washington Post
Berlin
Cologne
Americans at Flanders Front in Canadian ranks
London Aug 14 Maj Gen Samuel Hughes says no fewer than 2000 Americans serve in the Canadian military contingent. He has written to mothers of more than 100 American boys who died in Flanders. He notes over 2000 enlisted and many more would join, including West Point officers and new volunteers.
MENTIONED IN THIS ARTICLE
London
Samuel Hughes
Hughes
Flanders
Venizelos leads as Greek chamber elects Zavitzanos president
In Athens August 16 the Venizelos party gains a majority as Zavitzanos is elected president of the Greek chamber of deputies. The Gonnaria government resigns amid a Venizelos victory, while Venizelos hints Greece should stay neutral for now. Serbians express doubt of a near Austro German move, viewing troop concentrations as political maneuvering to shape Balkan alignment.
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Athens
Balkans
London
Athena
Venizelos
Chamber of Deputies
Constantinople
Turkey
Bulgaria
Greece
Greek Chamber of Deputies
Zavitzanos
M Zavitzanos
Paris
Havas
Mavitzanos
Gonnaria
Berlin
The
Tageblatt
M Venizelos
M Venizelou
Constantine
M. Venizelos
Italian Advance Under Hailstorm Near Riva
Brescia Italy Aug 16 Italian forces push east of Condino toward Riva at the head of Lake Garda. Reports say trenches seized by Italians are flooded and bodies float in the water amid stormy hailstorms.
MENTIONED IN THIS ARTICLE
Brescia
Italy
Condino
Trent
Trentino
Riva
Lake Garda
Paris Denies Use of Poison Gas by Troops
Paris reports the ministry of war issued a note denying published statements that French troops use poisonous gas. The note calls the reports untrue and stresses that no chemical weapons are employed by the forces.
MENTIONED IN THIS ARTICLE
Paris
Ministry of War
Dacia Prize Court Rules On Flag Transfer Fraud
The prize court decision released today holds that Hamburg America Line’s steamship Dacia, registered in America in January and seized by a French cruiser in February, did not prove a legitimate flag transfer. The court finds the transfer tainted with fraud and that the ship under the new flag was sailing a voyage undertaken under the enemy flag. It orders the steamer seized. The American cotton cargo linked to the ship had been partly financed by the French government. Also, Kenneth D. McKellar of Memphis declared his candidacy for the U.S. Senate to succeed Luke Lea of Nashville.
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Great Britain
Germany
Japan
New York
House of Morgan, Grenfell & Co
Marshall & Hons
Clarke
Parin
Hamburg-American Line
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Bremen
Washington
Prince Leopold Breaks Russian Line Crossing Bug River
German forces under Field Marshal von Mackensen and Prince Leopold of Bavaria push Russians east of the Bug as they seize positions at Losyce Miedzyrzec and Slawatycze. Reports say 1,730 Russians captured at Koyno and over 5,000 prisoners taken overall. Pursuit continues with bridges and river crossings key to advancing on Ossowetz Brest-Litovsk and Kovel.
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Prince Leopold
Bug River
Liwiec
Krana
Siedlcn-Lukow
Narec
Narew
Bug
Ossowetz
Bialystok
Brest-Litovsk
Kovel | Thia
Nare
von Mackensen
Berlin
Marenal von Mackensen
Clale and
Slawatycze
Prince Leopold of Bavaria
Losyce
Miedzyrzec
von Hindenburg
Koyno
Norzew River
Bransk
Novogeorgievak
Drohiczyn
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Loszce
Miedzyrsec
Toczman
Klukowka
Beulia
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