The evening world. Newspaper, July 29, 1914, Page 2

Odessa, Moscow and Kasas. The peace footing of each of these ie four army corps, each of them numbering 40,000 men, total of 640,000 men. The command to mobilize doubles 1,290,000 mon are affected by the order. RUSSIA BENT ON WAR. Russia’s determination to join with Servia against an invasion of Servian territory by Austrian armed forces was commumicated directly ) to-day to all the Powers. The position of Russia has been outlined by} Nicholas in response to a diplomatic request from Kaiser Wilhelm coe Ne allow Austria and Servia to fight out thelr own quarrel. ~ orbers. Such mobilization, it is announced, has already been Inaugu- | ‘i * sated on an immense scale. + It Is learned here from authentic sources that Russla Is spotting | /* fora fight. Despatches from St. Petersburg state that great patriotic | demonstrations are under way there today and also in Moscow. The ‘Russian government is fomenting these demonstrations and rousing the, OD) ailtary spirt of the nation. = Despatches received from Warsaw, Poland, repart that several pow- exploded in that city on Monday and that several bomb ex- flons occurred in the principal post-office, many persons being killed ‘wounded. ~ Another telegram says the entire citadel of Warsaw was blown up > gad that semi-of cla explanations declared the explosion to have been by lightning. The despatch stated there was no truth in the re- ce that'a revolution had broken out among the Russian Poles. The British fleet sailed from Portland to-day for an unknown des- No information could be obtained from naval officials as to movements of the war vessels. “In the House of Commons Premier Asquith said: “This is a mo- of extreme gravity to the British Government. Everything pos- ‘Wile is being done to circumscribe the war area.” Late editions of the evening papers voice a much more optimistic The impression prevails about the Foreign Office that the Kaiser’s onal negotiations with Czar Nicholas would better the situation. c ‘posi from St. Petersburg were characterized by a more eful tone. German Army Sent to Check Warlike Moves of Russia BERLIN, July %9.-—Military activity on the Russian sido of the {a confirmed hy many evidences which have reached the cars of oMciain, but it was stated here to-day that no general mubiliza- erder had been isaueti by the Russian War Office. Private reports from the Russian frontier say distinct Russian military ty hae been noticed here, The Russian regiments which have been forward to ocoupy such important strategic pointe on the frontier ‘Wirbalien and Russian Poland have beon given 360 rounds of ammuni- | per man, while hasty purchases of furage have been made fir the | Humber of German Tegiments have been moved toward the Ruse! 8 & precautionary measure, The men wear the new gray service and carry their full feld equipment. popes papers were not permitted to print news of the movement, ‘War Office to-day tesued an order recalling all t! troops Manoetivres which have been in progress near Dresden. ‘There was the most intense activity in diplomatic circles here to-day, Mo tangible developments ‘were reported. A French diplomat said he @eme ground for optimism, but thé German Foreign Office deciared that ‘was nothing on which to base a judgment one way or the other, ~ he German Crown Prince arrived at Potsdam to-day and a family was ofterward held in the New Palace, The Emperor and Empress, . Prince and the other Princes of the imperial family were present. conferred for an hour. Emperor William to-day sent to Emperor Nicholas of Russia a telegram the International crisis, The message crossed on its way to Ht, urg a similar telegram from Emperor Nicholas to Emperor William, pyre for the modilization of the German army will be promulgated rat oMcial information of a warlike move on the part of the Czar, German diplomatic officers in St. Petersburg are in constant com- tion with the Government here, ‘Socialist anti-war demonstrations in Stuttgart to-da~ led to such seri- B edilisions between the manifestants and the police that the authorities out troops to cope with the disturbances. The district where most of ‘foreign legations are situated was surrounded by police guards, who attacked with volleys of stones by the people. The North German Gazette, the official organ of the German Govern- Published in ite evening edition the following comment on the inter- Situation: 9 peaceful tone of the official Russian communication issued | yesterday finds a lively echo here. The Imperial German Govern- ment shares the wish of Russia for the maintenance of peaceful re- lations and it hopes the German people will support it by maintain- fag & moderate and quiet attitude.” * Copies of newspapers received to-day from Vienna and Belgrade show “that a bitter war-baiting between the prose oMAuntria and Servia preceded om @éclaration of war. Violent attacks wore mado on each side. The Belgrade Zvono published an alleged letter charging that Princip, Hin of Archduke Ferdinand, was an illegitimate son of a woman mem- of Austria royalty, It stated that the mother urged Princip to kill linand because she believed Ferdinand plotted the irder of her hus- The paper charged Princip was born after she sacrificed her honor $9 learn the Identity of her husband's slayer. ‘This publication infuriated the aged Emperor Franz Josef and other of the royal family, Other bitter exchanges led to such fierce feel. that advoontes of pacific measures found little opportunity for thelr FRANKFORT, Germany, July 29.—Efforta of the Kaiser to localize the o rvian war are being nullified by extensive military movements Gazette here to-day. The publication is evidently inspired, as the Gov- | it often usen this paper in issuing semi-oficial news, The Berlin ch declares conditions are rapidly becoming worse. Held as War Prisoners VIENNA, July 2%.—All Servians lable to military service residing in| “Asetria-Hungary are being arrested and handed over to the military as pris-| @mers of war. ‘The Austrian War Office to-day issued its firat official war bulletin, Fee) the blowing up of the railroad bridge between Semlin and Belgrade! the Save River, Unofficial reports of the destruction of this bridge by were received Monday, The bulletin issued by the War Office also reported the bombardment “of @ Servian position and the capture of two Servian steamers, us pre-| Wlously told in news despatches. A telegram from Premier Pachitch of Servia registers a complaint in yet to Austrian attacks on Servian merchant vessels on the Danube, | ways: “The Austro-Hungarian military and civil authorities fired throughout the day of July 26 without the slightest provocation from our side and damaged three of our trading vessels at Kostolatz, on jauled down and replaced by There were, however, no casualties.” GERMAN LINER OFFICERS ‘MUST SERVE IN NAVY. | Tbe junior oMicers of the North Ger- Lloyd liner Kronpring Wilhelm, fame to this port to-day, be- ee Sere ve ale eet trip they are members. Of Austria's dec- laration of war, news of which reached | say nothing beyond their expectation of having to serve in the reserve, ant four officers who hold captain- cies in the a iserse are Firet Officer A Warn Becond Officers H. Frese, M. ‘eet and K. Hentschel and oo) xyes OF Byring. Dr. Perro- look: = psracesr, the ship's @ummons to serve according to a Bertin despatch published in an extra edition of | All Servians in Austria | them yesterday by wireless, they would | The reply of the Czar was that in the event of the invasion of | ‘Servia Russian troops will be mobilized on the German and Austrian B i's ED A i | i ail fi é ( a YY i ‘iA MIAH ity AWN) Wc Hlth + Ht hes od " ct DC i ie NEW YORK STOCK EXCHANGE NOW ONLY FREE MARKET OPEN (Continued from First Page.) Minutes of excitement and erratic trading at prices varying up and down from Jast night's closing... The i bdetes tendency at first was down- ‘ard, from % to 6 points, on a variety os leading securities, but gradually there came a adier tone and the rally put the general average above the low points of yesterday, The frat outpouring, maid to be chiefly on ac- count of foreign liquidation, was soon cheoked by the rush of bargain acek- and investmen: buying, A slump on the Stock Exchange always takes scorea of people with money in thelr pockets to Wall Street looking for good pick ups, and this class was 'n evidence to-day in many brokerage offices. Even on the fives of the Exchange there appeared numbers of old time membera who seldom go to active business, Only @ special market brings them out, ‘The cables reported that the stock exchanges of Vienna, St, ‘Petersburg, Bruas Amsterdam and Liverpool were closed, while Berlin, Paris and London were open In merely a nom- inal sense, as no active business was transacted on their floors, Toronto and Montreal remained closed on a2 count of the heavy fall in Canadian Pacifica, ‘There were a few small sales and purchases, but aa a rule jobbers re- fured to make any definite quota- tiona, and no Teal prices could » ob- | tained on most securities, both Amer- jean and European. The risk was #0 wreat and the uncertainty of the war Situation ap acute that few speculat- ore cared take the risk of naming any figure, elther up or down, for fu- ture delivery. The price of English consola, or government bonds, went down to 69%, the lowest figure for which the pre. mier securities of the world have aold in a century, Not since the days uf the Jast Napoleonic scare, just ono hundred years ago, have consols gone down to auch a low ebb. There were en failures of brokers reported on the London exchange, but none of them was so large aa to cause spreading embarrassment. The great banks quietly put the pressure on curity transactions and curbed rash | speculation, Similar check was exerted by the banks of Paris and Herlin, so tbat | trading on the exchanges in those cities wae me. sly nominal. Between the Europgun capitals and Now York there is a difference of between ‘five and #ix hours in time, so that when the various exchangos in the metropolis opened this morr- ing the day was nearly finished abroad, The brokers of Landon, Paris and Berlin, with little opportunity either to buy or to sell at home, be- ‘ause nobody would quote a definite price, waited impatiently for New York's opening. They had piled up by cable large orders and for a mo- ment there was nervousness and ap- prehension lest the New York ce. ' 23 hi Nes Nt : NORTH SEA Vessmusm bit ve == ia ts ‘ IW 4, ili A exe in i lhe a Gi hi # Nh iu i is tee Aue oe _THE EVENING WORLD, WEDNESDAY, JOLY a9 ‘191 % a) i Was 17 VeSsms. ‘Frontiers of Two Great European Alliances Now Facing War, With Number of aa Troops - oe AI (iti WA i Hi i the floor than in many days of purely local flurries, Financlera declared the domination of America over the world's financial fect na Enormous purchases of gold have been made here by Euro- pean banks, totalling over one bhun- dred million dollara during the year. Thousands of shares of foreign owned stocks have been dumped back on our markets, but the etrain bas been met without a failure and without the slightest embarrassment to commer- olal business, | Bales of securities on the Btock ix- [change were very heavy, totalling ) 356,000 shares in the first hours. Some enormous blocks wore turned over, as, for instance, 4,000 shares of United States Steel at 64 for the opening. | Toward the noon hour prices con- tinued to advance with strength and firmness, The losses of the early morning and yesterday were all over- come and many stocks advanced from at virtually the lowest figures of the day, 3% to 4% cents under la night. Reports of communications between the Czar and the Kaiser, foreshadowing possible peace, ‘had most to do With the reaction from yesterday's extraordinary advance of nearly ten cents a bushel. Informal notices from bankers to board of trade houses that extreme caution was neceasary and that no undue risks be taken, resulted in calming the excitement that marked yesterday's trading. It was said that nearly every house in the grain trade was required to submit a statement of Habilities, and that it was thls procedure which brought about the calling of margins to the almoat unheard of extent of from ten to twenty-five cents on all trades, ‘The pits and galleries were crow4- ed to capacity. The commotion among traders, however, after operations ac- tually began, was lees tumultuous than yesterday, when news was re- ceived that war had been declared. In the commodity markets there were varied conditic The war ecared #0 disturbed coffee prices—be- cause coffee is essentially an intern: tional market produot—that members of the New York Coffee Exchange seriously considered closing altogeth- er. They took a vote during the morn- (* to five points, with power to close at any time con- ditions should become critically dis- turbed, There was a continued slump in prices for future deliveries, cago Board of Trade the wheat pric which had such a phenomenal rise yes- terday, eased off and quotations were from three to five points lower per bushel. There was movement back and forth all during the day, bad news from Europe sending prices up and| peaceful rumors pressing them down. required for future transactions. Gold exports were renewed on: preas- ing demand from abroad, but Paris and London bankers had to pay high rates for the yellow metal, the for- olan exchange market was so demor- alized that fixed quotations could not be obtained, rv millions of gold were eng: for shipment by Friday's stean York, which have been at low ebb for weeks, hardened during the day and touched as high as 3 per cent. ‘They eased off later and closed at 4 per cent, (For Quotations See Pago 8.) eee WHEAT PRICES DROP IN CHICAGO AND MARGINS INCREAS CHICAGO, July 29,—Despite great strain and a sudden drop of more than four centa a bushel, wheat traders to-day escaped any fallures and most of the time were acting under fairly normal conditions. The close, however, showed sensational weakness, values falling away one Qnishing cont in @ tow minutes and ‘ ing and decided to vest the managers | On the Produce Exchange and Chi-| Brokers doubled the usual margins | Exchange on London! t ‘The extreme point of the break in the early trading wes 438-8 under last night, but the market gradually steadied at approximately two cents down for active months, and less for ‘other options. Announcement that all firms on ‘Change had passed the Clearing | House safely brought out immedia: of relief, The feeling of 1 ‘The upturn tn some c more than a@ cent & Corn showed some firmneas at the outset, but soon followed wheat downgrade. The market dropped to about a cent under last night. Oats, like corn, developed compar- | ative strength at first but the col- lapse of wheat checked buying. Weakness acized. provisions’ when grain failed to advance. ‘The directors of the Chicago Board of Trade held a special meeting this morning to discuss the advisability of closing the board because of the! tense situation. They finally decided | |to let the board remain open for tho | time being. ponte PRICE OF BREAD NOT TO GO UP, SAYS WESTERN EXPERT) NEAPOLIS, Minn., July Fiour Jumped forty cents a barret | to-day a# the result of the advance in wheat, but big Minneapdéils mill- the ‘American liner, St. Paul, and? and heads of big baking com- therefore in safe on a neutral in case panies declared that they do not | oF eer, Maacranee Brokers aa¥y expect the price of bread to rise as| their rates on goid shipments to, se Aan IPA Or extraordinary premium for ships of * Tesult of war in Europe. other nations, The rate yesterday The price of flour is apt to Muctu. was $1,250 for each million in gold. ate considerably and to make ad- To-day the premium was increg fie Ki an MtGAHOA Has Cy ah ten tar mation Viencea 1€ the rope ha sitsillga) is The cotton markets, aftter another Comes more serious,” sald ve slump during the morning, rallied in| Vic sident of the Northwonstern | the af Miller and Flour Record, “but the | Phi millers have anticipated this to some | down te “extent, knowing that the European | rise, The of the board ¢rep would be short this year, The | said that he considered the worst of @1Vance In flour prices will not be so | the flurry over, marked as to cause the price of a loaf Money rates for call loans in Now| 0f bread to advances pes eae, BRITISH CONSOLS AT LOWEST FIGURE; EXCHANGES CLOSE. LONDON, July 29.—The serious- |ness of the European situation was reflected to-day on the London Stock Exchange, where British Consols dropped at one time to 691-2, the lowest point reached since the early years of last century, They opened Jat Tl, or 8-4 below yesterday. Soon afterward they dropped to 701-3 and noon brought the price back to 711-2 and helped a littie to cheer the market. Transactions in the American section showed the quotation of Canad‘an| Pacific at first to be 161, then rising to 170 and afterward declining agaia to 106, compared with yesterday's closing price of 176%. Southern Rall-| way was Quoted at 17, against yester- | day‘s closing price of 18%, and United States Steel 54, as compared witR: «, 58% at the close yesterday, a The Curb market was erractic after the olose of the Exchange. Canadian Pacific sold at 1651-2 and Southern Pacific at Seven failures were reported and several other firms, it is thought, are unable to meet their obligations, which raises the fear that other sus- pensions will be announced to-mor- row. The discount market was disorgan- ized and the Bank of England again transacted a large volume of business in loans and discounts, The Bank rate in expected to be raised to 4 per cent. to-morrow and possibly to 5 per cent. in view of the critical state of affairs on the Continent and the large gold exportations. Paris purchased the bulk of the $5,000,000 gold offered in the open market yes- terday. LIVERPOOL, July 29.—The Stock Exchange here suspended operations for the day, BERLIN, July 29—The Bankers Ausociation met to-day and decided Patriotic Outburst For French President PARIS, July 29.—President Poinentre’s return to Paris to-day from his Visit to Russia Was made the opportunity for a manifestation of patriot ) feeling by some thousands of young mon belonging to the League of Patriots of which Deputy Maurice Barres is President, The demonstrators assembled at the ratiroud station and eheeved the President on his arrival. ‘They then formed into column and marched be- | hind the President's carriage to the Palace of the Elysee, linmense crowds cheering then as they went by, The army, the Premilent and the Freneh | Republic were all cheered by the peuple i The windows alone the route were crowded with women, who showered | fowers into the President's carriage ax it passed. i The government to-day prohibited an wnti-war meeting called by the revolutionary labor organizations. The Temps saye Russta was officially informed about half-pust twelve thie af joon that Austr afy Would reapect the territorial Integrity | of Servia and wishes even to refrain from occupying Belerade, capital. France continues quietiy to prepare for war. army are gradually concentrating near the fro: the, Servian The troops of the active fer, A military guard has been placed tn the great flour mills at Corbeil, near | Paris, which tn the event of war would be taken over by the army, while | the bakers in Paris are laying in large stocks of flour und the city author- | ttles, to prevent all poasibility of famine in the capital, started forming to- | day a reserve store of 15,000 tons of flour. The Police Department is exercisi general aurvetllance of Aus- trians and Germans in P: where m thousands of them reside, and | the Prefect of Police to-day ordered the discontinuance of the service of the public. at tables on the sidewalks and on the terraces in front of cafes lin consequence of disorders which have occurred since the beginning of the International tension. The Government made an appeal to the preas to keep calm and care- ! puny to verify Its news concerning the crisia before publishing tt. Adolphe Messimy, Minister of War, jon on the Eiffel Tower and ordered the #taff to be doubled, | ik to remain on duty night and day. Long lines of deposttors waited withdraw At the French Foret, tion prevailed this evenin, ing war is that Austria-tlu Visited the military wireless sta. . the officers outside the savines bunks to-day to f money, as all payments will be suspended in case of war. n Office a pers OMetals th ry recognize the determination and unity ic view of the general situa. think the only hope of avert- of views of Russia, Great Britain and France und that she modify ber attitude towards Servia. | July and August soon dropped an- | other 10 points, but later recovered. | At 12.18 o'clock the market showed a | decline of 11 to 14 points in new crop and 18 to 19 in old crop positions from yesterday's close. The weak- ness was due to Continental prdtt- taking and private favorable crop condition reports, The market wae nervous, Wheat opened excited and nervous, showing advances of 4 to 5 points on lew York reports of damage to the Canadian wheat crops. | —_—— | AUSTRIA SENDS CALL TO ARMY RESERVISTS TO RETURN AT ONCE. | WASHINGTON, July 29.—Offictal no- tlee to Austro-Hungarians in the United bject to military service in native country, calling them to the was being it throughout the country to-day by the Austro-Hungarian Ambassador. | The call notifies all Austro-Hungari- fess e oe United States that the Em- han ordered ‘a partial mobiliza- ton.” and under its terms, yom hg to the Austro-Hungarian Embass: reservists belonving to eight army corps must immediately make arrangements go home and take up arms. ——— WILSON KEEPING WATCH ON WAR | WASHINGTON, July 29.—President | Wilson kept closely informed of the war situation in Europe to-day | through reports from American dip- lomats abroad, but there was no change in the attitude of mere obser- fear that a war in Europe would have any serious effect on conditions in the United States. It was the ef of officiala close to the Presideat that although (prices of foodstuffs might go up in this country, conditions resultiny general bi from the demand against closing the Bourse but resolved to suspend dealings in| for American jucts abroad would securities handled on the set. | offeet it tlement. This includes all the prin- cipal stock: Dealings in the cash market, however, continue, The com- mittee of the Bourse was called to- wether and without taking formal ac- tion on the recommendation of the bankers, sent instructions that no quotations be registered. Business at once came to a standstill, Bankers are in @ pessimistic mood. It is @ pected that the committee of the Ge: man Imperial Bank will raise the dis- count rate from 4 to 5 per cent. Later the Bourse committee an- nounced that dealings would be pe mitted to a limited degree and that settlement quotations would be issued { | Little business was dono. eh per cent. rentes were a little better than yesterday at 78. Gold coin has almont disappeared! from circulation and even silver Is| becoming scarce. storekeepers are change. 8 PETERSBURG, Rourse here was closed to-day di probably will not open until Monday. unable to giv July 29.— AMSTERDAM, July 29.—The Bourse cloned for the day. NURBAL. July 2-The Board |of Governors of the Montreal Stock Pxchange, which closed yesterday af- ter Austria declared war upon Ser- via, announced to-day that the mar- ket will remain suspended until there ia some definite improvement in Buropea an condition TORONTO, July 2 Btock Tacheben rem: day awaiting @ chan tlon in Europe. atacetipeetien LIVERPOOL QUOTES COTTON PRICES LOWER; WHEAT UP. ere MC ined @osed to- in the situa- LIVERPOOOL, July ‘The cot- then lost a full point, bringing them down to 691-2. A,government broker came into the market at this point and began buying all the Consols he ton market opened somewhat ex- olted, 15 to 20 points lower, July, and HELP WANTED—MALE. a Many of the small] —The Toronto pees CHICAGO RAISES FUND TO SEND SERVIANS HOME. CHICAGO, July 29.—War funds raised at anti-Austrian meetings here last night were counted to-day and held ia dines to be used fer the re iti oe anh yaa to-go to Bus them 610, er 3 who Wi foe to fi pledges thie to total mor raised meetin; Bditer of Pi Tomps Dead. PARIS, July 29.~—Adrien of th I Bai- 4 and if the lead tor of the Temps, and one of the ng HE SWEET COMPANIONBHIP how See Srenenes Feu, | you nae varies tasty Neto ouger mingtie POUND BOX LATE COVERED MARSH- SAPLOWe an ola time Loft tavor- te with thousands of candy lovers ig every part of the country, which always brings new joys. These are big, creamy, eweet-te-Aency Marvh- ond our fragrantly rich ie, What more can POUND BOX N.Y. DEMOCRATS HAVE A CORDIAL TALK WITH WILSON Full and Frank Discussion of State Politics and Coming Election Prospects, WASHINGTON, July 29.—""We hada most pleasant and profitable visit and a most cordias reception at the handa of the Premdent,” was the statement of Representative Fitsger- aid of New York, following a “party peace” conference of New York City Democratic Fepresentatives at Khe *0| white House this afternoon, Fitwgerald indicated that the Preat- dent will clearly define hie attitude toward the New Yorkers who are candidates for re-election regarding the fight made against them hy & certain Democratic faction, The Congressmen agreed that Pres- dent Wilson should make pubic the only statement regarding the meeting and the following was given out at the White House: “The conference was taken up by @ very full and frank expression of opinion about the political aituation in New York and the prospects of the Parties there in the Congressional eleo- tions. The conference was welcomed yusiness|by the President. No plans were discussed. It was understood to bea conference for information. The con- ference was characterized by @ eplett of cordialty on both sides.” Those in the party who confurred with the President were Representa- tives Wilson, Dale, Maher, Fitbgeraid, Griffin, O'Brien, Mets, Riordan, Conr, Carey, Patten, Bruckner and Goulden, Seven others of the New York delega> tion in the House were absent, pind were Representatives O'Leary, Gola fogel, Levy, Dooling, Cantor, George and Loft. Goldfogel and OLeny Were expected, but did not appemh Levy and Cantor were not in eympa- thy with the pilgrimage to the White House, George and Lott are abroad, while Mn Dooling had to go to New York on a business matter to-day, OF SOrT ¢ CANDY: S put bei mn yourself ‘and the re by ban Post in the ame son fe they lanes the factory every Tor Thured morasees ss DAINTIES “A iad toe Berean 7 seach t ste ae ay agate Sue 4