The evening world. Newspaper, July 30, 1914, Page 2

fhe yr *fapital of Bosnia, and 100,000 from Milanovat z, on the Danube, in the stern part of Servia. Cost Lives of 1,000 Men VIENNA, July 80.—Belgrade has been oocepled hy the Aus- trian forces and her armies have to-day invaded Servia from three points, The first battle in the war was fonght at Foteha in Bornia, Where two divisions of the Servian army were defeated by Aus> “trian troops, The Servians lost 800 men, the Austrians £00, ) E> Bosnia is Austrian territory. It is supposed that the battle attended Gtiving of the Servians from a position they had planned to hold. report states that hundreds of prisoners were taken by the Austrian REPORT OF BATTLE WITH MONTENEGRINS. * Am unconfirmed report states that a battle was fought between troops and Montencgtins on Mount Lovchen. ' Other reports of engagements indicate that Austria is actively engaged in invasion and has led aggressive tactics. Fotcha, where the first decisive engagement of the war was fought, is § the Drina River, thirty miles southeast of Sarajevo. For some time Set Servian troops have been concentrating along the Drina in anticipa- of hostilities. The moment war was declared Austrian forces were to the Drina and no time was lost in making the attack. From Belgrade the Austro-Hungarian invaders have pressed forward and followed the valley of the river Morava, They frst uf ¥ Y @noountered a hody of Servian troops at Semendria on the Servian Ly}, Gide of the Danube. The Servians held thelr ground until night- © fall Inst night and then retired. Hoth Austrians and Servians sus- Ly ry tained heavy losses at that point, several hundred soldiers being * _—flled in the engagement. - This Austrian force advanted to-day twenty miles to the south- ward of Belgrade and an artillery duel was fm progress this morn. fag near Kicznicy and Semendria. Om the western side of Servia another Austrian army came * fmto contact with a Servian force at Losnitsa which put up a stub- . born defense and held the fort there astil dark last might, inilict- » ing heavy lovves om the Austrians, , by The southern Austrian column in Bosnia remained stationary to- waiting t the movement of the Montenegrin troops. i The ancient fortress of Belgrade was reduced by the Austrian ar- (illery, which caused only slight damage to other parts of the Servian capital. The British Legation was struck by an Austrian shell, and dur- eke the bombardment Servians ereatly harried the Austrian artillerymen. ‘The crossing of the Danube was accomplished on* pontoons, the Servians having blown up the bridge between Semlin and Belgrade. 'e + Emperor Francis Joseph, who is eighty-four years old, came to K _ Mienna to-day. A great crowd gathered at the station when he started at Isubl and cheered the aged monarch again and again. Archduke Charles, heir to the throne, accompanied His Majesty. AT WELCOME TO THE EMPEROR. of extraordinary enthusiasm accompanied Emperor Francie return to the Austrian capital, Enormous throngs carrying ban- and led by semi-military bands formed into procession behind the monarch and escorted him to Schoenbruon Castle amid a continu- roar of cheering from the people who packed the streets, The burgomaster advanced th the Bmperor in the courtyard of the Ue and expressed to His Majesty the unswerving patriotism ang devotion the people to which the Emperot replied that he was grateful for to-day's tration of their loyalty. A movement is on foot among American citizens and British subjects gs in Hungary to form a special corps to accompany the Hungavtan into the field, according to a telegram from Budapest, It is said that tish officers who served in the Boer war and who have a lively recollec- of Emperor Francis Joseph's sympathy at that time are at the head of movement. While passing through Linz on his way to Vienna the Emperor ad- the officers of the garrison assembled on the platform of the rail- | station. “I only have time to give you a few words of greeting in this “gfave hour. These are that 1 trust in the good spirit, the endur- ‘ance and the valor of my army. It was my wish to maintain peace.” RVIAN TROOPS HARASS AUSTRIANS. LONDON, July 30.—A newspaper despatch from Rome says sharp tance is being offered to the Austrian advance from the northwest ‘small detachments of Servian troops left to impede their progress. he news comes from Nish, Servia, by way of Salonik.. »240,000 Men in Field, Czar pay? Pehently . PETERSBURG, aur 80.—Rusaia o-0e7. omewlly notified Ger- A new mark of Quality at the price—it’s essentially mild. By the box of 25, 61.25 ay | | THE EV "Rule CHICAGO WHEAT MARKET CLOSES NEAR TO COLLAPSE. CHICAGO, July 30.—After a sen- sational advance to-day—at one timo as much as nine cents a bushel—be- cause of the war news the wheat mar- ket closed alinost in a state of col- lapse, with values aown threo centa| @ bushel from eariter high figures, The riso in war risks on the ocean, making shipments unprofitable, ap- parently put a stop to buying on for- eign account. Many of the largest traders with- drew from the wheat pit altogether and several houses went so far ay to give numbers of their employees a complete furlough. For the first time the corn ma-ket Joined in the extraordinary advance shown by wheat. Septeinber corn rose three cents a bushel, Oats and provisions also climbed, but only in a moderate wa: ——_— COTTON DECLINES $2.50 PER BALE AT NEW ORLEANS. NEW ORLEANS, July 29.—An the result of pessimistic cablegrams to- day from large market centres of Europe and vague rumors that bix English concerns were cabling this side not to risk further ahipmenta of various commodities, cotton de- clined $2.50 a bale late in the fore- noon. many and Austria of the mobilization@ot fourteen army corps numbering 1,240,000 men. This is practically a negotiations are at an end. The Czar tion of taking the field as commander. German Foreign Office in the unoffic order the mobilization of his forces unless Russia ceased her military ac- tivities within twenty-four hours, Martial law was proclaimed mouth of the Riga River and its tain special permission to pass in and out. The field of sub. marine mines outside the entrance to the harbor Is to be com- pleted to-night. Hundreds of thousands of Ru families goodby to-day in respons Imperial ukase ordering out Russia's Already 1,240,000 regular troops frontier. ton. PRICES TAKE Bla SLUMP AS EUROPEAN INVESTORS SELL (Continued from First Page.) the monetary demands of all the world, but at Its own price. | While there has been a tremendous | drop in the prices of American se-| curities dumped down by Europe on} the Exchange, yet in return there has! been unprecedented demand for that whieh Anierica alone ca. supply Eu- rope—money and food, For these two great commodities the American own- ers are making Europeans pay ex-/ traordinartly high prices, thereby reaping a profit. Nine millions more of gold were bought to-day in New York for ship- ment to Purope, practically all of it going to London and Paris. What -in-chief in event of hostilities. ‘This is Russia's anewer to the virtual ultimatum which came from the to the call to arms contained in the Now the reserves—the farmer, the artisan, the clerk, the mer- chant—must leave their private occupations and go to join the forces already assembled to protect little Servia from further Teutonic molesta- Jumounts of both stocks and bonds rs , Whose Men Are Now Engaged i in Battle; Leaders of Other Armies Which May Be Involved Netorarevircr: RUSS &. notification to Germany that peace is said to have expressed the {nten- | ® tal statement that the Kaisér would to-day over Bolderaa and the vicinity. Steamers have to ob- n citizen soldiers are bidding their vast reserve force. are reported to be massed on the Only individual transactions at some private rate were made. Practically the only method of making forelgn remittance waa in cable transfers, which were charged at exceptionally high rates. The leading banks, bro- kers and ren express agencies de- clined to 1 bills of exchange at any figure be th of the uncertainty of conditions in European countries. French banks, so the ca declined to-day to pay out and very little silver. ‘a the only medium this caused conside! among tourists in Paris, other capitals, Berlin and They were demanding gold for safety of travel, but could not obtain It, ‘The last hour was the most disas- trous for prices, Standard stocks and speculative issues melted away before the storm of liquidation caused by an- nouncement of Germany's ultimatum to Russia, Speculators rushed to un- load their holdings, but were met with in equal readiness on the part of strong interests to take them at the bargain prices prevailing. The floor of the exchange w #& pandemonium of strugeling brokers and vast changed hands, ne lowest point was reached half an hour before the closing, after which there was a slight rally just to show that the strain had been met. The general average of prices was the lowest the war week and the purchasers had to pay for this most precious article 8 a secret, but it was no normal figure. If the quo- tations on foreign exchange offer any: criterion, it was at heavy premium. | The foreign exchange market was so completely at sea that few bankers! would quote any figyres at all, and, these were classed ax merely “n 1" Ordinarily, an English pound aterling 1s quoted ap worth around ak com buy in exchange the gold equivalent | to @ pound, OMotally there was no market! whatever in New York for bills of exchange on London, Paris or Berlin. $4.87, To-day tt required at least $5 to! 59.) ). marked figures not touched in many Some of tho most extraor- ary declines as compared with lust ight’s closing were as follows; d Copper, 681-2 to 49; iting, 60 3-8 to 61; Am- MNT1-4 to 1148-4; 1 72; Brooklyn Rapid v 1. Canadian Pa: 165 3 a: 11, 92 to 85: . ; General neg « Reve 1,306,000 Pes and of bonds $5,007, 000." Th a mk Rxchanpe has wrown. for ue years, The Government shipp to the Sub Treasury In Wall str from other treasu millions of dol- lars in gold to meet the demand. Seven truckloads arrived in the uf- ternoon, estimated to contain $50,- 000,000, (For Quotations See Page 3.) s the biggest day the | ant CLAFLIN CREDITORS FORM WARRING COMMITTEES Federal Court Permits® Audit, and Adjustment Association to Form New Organization. Judge Hand, in the United States District Court, this afternoon signed an order permitting the representa+ tives of the Creditors’ Audit and Ad- justment Association to withdraw from the general Clafiln Creditors’ Committee, and form a separate com~ mittee to represent the creditors who have filed their claims with the as+ sociation of which they are members, From the first the relations between the Creditors’ Audit and Adjustment Association and the Note-Holders' and Credit Me: Association Com- mittees have n somewhat strained, and the members of the Creditors’ Committee appointed by the first- named organization belleve that they can best represent their interests by forming themselv into an indl- vidual committee ‘Those who wel sign from the general committee by Judge Hand's order were Holmes J Corbett, Stephen D, Conger, Milo M, Belding jr. and John H, Love, ee CITY GIVES REYNOLDS A $12,000,000 PLUM The Board of Estimate, with one dissenting vote, to-day formally adopted the amended plan for the South Brooklyn Marginal Railroad, providing for the elevation of the line throughout its ontire length from Brooklyn Bridge to Sixty-ffth street, at a cost of $12,000,000. Much of the property is owned by the First Con- struction Company, in which ex-State Senator William H. Reynoias ts heav- ily interested. The amendment for its construction through Furman street was protest- ed by a delegation of property own- era from the Brooklyn Helghts sec- tion, In view of this all of the mom- hers of the Board except Borough Prenident Connolly of Queens, who permitted to re- 541-8; Great Northern, ‘117 8-4 to 118; Lehigh Valley, 180 1-8 to 118; New York Central, 8238-4 to ennsylvanta, 1041-2 to 105 5 Reading, 1541-8 to 141; Southern Pa- Union Pacific, 120 |, 663-4 to 601-2; International Harveater, 101 3-4 to 82, and Wella Far; 11-3 to 80, The total @ of stocks | Motors, 78 t voted against the measure, gave as- surances that the adoption of the plan as a whole would not prevent the reconsideration, President Connolly explained he had no objection to the plan itself, but he felt that in view of the city’s Mmited finances it could not be called commit itself to such ; i peter i WORLD, THURSDAY, JULY 80, 19 GERMAN KAISER MAKES PREPARATIONS TO MOBILIZE HIS ARMY TO-D wae Tales, (OM AINORE SEIZE BERLIN PAPER FOR DECLARING THAT MOBILIZATION IS BEGUN. BERLIN, July 30.—Tho tenseness of the situation was shown this after- noon when the Lokal Anzeiger, a semi-official paper, fasued extras de- claring tho mobilization of the army had been ordered. This was promptly denied by the Foreign Office and the extras were recalled. A second extra was Issued at once} carrying the denial of the Foreign Of- | fice, but at 4 P. M. it was Impossible to tell whether orders for mobiliza- tion had been issued or whether the Lokal Anzeiger had been made the| victim of a hoax, ‘Telephone and telegraph lines were | swamped with inquiries. The Lokal | Anzelger put up hige signs in front of Its office declaring mobilization | had not been ordered. Thousands poured into the streets and patriotic parades were soon formed. Hurry calls were put in for extra police to control the crowds, Police also seized the Lokal Anzeiger office. Hundreds of reservists reported for | duty and it was generally belleved the country was taking the first step for war upon Russia, The second extra and the signs did not convince the people that the first report was not true, Despite denials from the Foreign Office those crowd- ing the streets did not believe a paper #0 close to the Government could have gone wrong on so Vital a piece of nows. PARIS, July 30.—As an example to sensational newspapers, the French Government to-day began the prose- cution of Maurice De Waleffe, editor ‘aris Midi, on a charge of printing alse news of the meeting of the Cab- inet, The ouense ts punishable by imprisonment for from one month to & year ag well an a fine of $10 to $200, ——————_ BRITISH PREPARE TO CHECK GERMANS IN THE FAR EAST. HANKOW, July %0.—The British gunboats Snipe, Woodcock and Kin- sha, of the British China squadron, were deserted by an Admiralty order to-da The crews removed the breach blocks from the guns, took away all the arms and ammunition possible and threw the remainder into the river, It ts understood that the British Admiralty ts dismantling all the small British gunboats in Chinese waters, sending thelr crews to Hong Kong and Wel-Hel-Wel, in order to defend these important possessions against a possible German attack. PEKING, China, July 30.—The Ger- man troops forming the guard at Tien-tsin made preparayons to-day to proceed to Tsing-tau, which it ts understood will be attacked from the sea by the British fleet immediately on_@ declaration of war. The protection of foreigners throughout China in case of necessity will largely depend on the American and Japanese fleets and the foreign troops at the treaty ports. REMEMBER the the Old Folke SWEETS. hi will be worth your foe to | raised from 4 Ch ENNY A POUND PROFIT at Home with a nice . Be Box f the Old LOFT STORE id you in making aoe a AY ee | BANK OF ENGLAND RAISES DISCOUNT RATE TO 4PER CENT. More Nieman Un on London Stock JAPAN WILL GIVE AID TO THE BRITISH IN CASE OF ATTACK, TOKIO, July ral Henn) Shimbun, semi - offi WIRBALLEN BRIDGE REPORTED BLOWN UP. CHICAGO, July %—The Daily Exchange Announced to News to-day publishes the following . . ;@espatch from its staff correspondent Gloomy Brokers. in Bertin: “It is reported here that the Rus- sians have blown up the r bridge at Wirballen, on the frontier between Germany and itu: LONDON, July 80.—An had been anticipated, the Rank of England to- | duy raised its minimum rate of dis- count an entire point, making tt 4 per cent. } Two more failures occurred to-day, “Open Ar making ten so far this week,’ Busi- te ness was practically paralyzed aad } purely nominal quotations were q Everywherd” given, Console fluctuated between vy 69 % and 70%, closing at 69%. There were no transactions in the foreign iow to See New York E secret of seeing a live, section, and dealers in American T" pied ‘ moving city is to be stocks refused to do business oven come ‘part of the. Iife and when New York opened. The ad- movement, Ona Fifth Ave, vance in English and French bank | rates had been anticipated. ‘The Bank of England statement showed that @ huge business had been tone in loans, and that the reserve had fallon to 40.03 per cont. The only other transactions heard of were in Canadian Pacific, which opened at 167 and thou fell to 165 1-2, PARIS, July 30.—The Bank of France to-day raised its discount rate from 81-2 to 41-2 per cent, and its| rate for loang from 41-2 to 61-2 per cent, The Bourse opened to-day as usual, but there was no business, The nominal quotations of French 3 per cent. rentes was unchangede. It was announced by the Committee of the Bourse that the monthly settlement for July had ben postponed until Aug. BERLIN, July 30.—The committee of the Imperial Bank of Germany has been called to meet to-morrow to| act on the advisability of raising the| = bank rate. BRUSSELS, July 30.—The rate of discount of the Hank of Belgium was to & per cent to-day, AMSTERDAM, July 40.—The Bourse reopened to-d: @ committee of bankers having placed a large sum of money at the disposal of Bourse Committee for loans on national se- curities. STOCKHOLM, July 80.—Tht Swea- ish Riksbank to-day raised its dis- count rate from 41-2 to 6 1-2 per cent. "Bus —Business men snatch a breath of fresh air on their way up of down town si rs, a refreshing moment on their tours —Pleasure seekers make it a part of their outing. The wise sight-seer joins them, passes through the great arteries of the City, the fashion centres, the residence sections, by parks and public buildings—really sees the city. And the ‘bus makes him part of it alk Fifth Ave. FOR Sunday World Wants Work Monday Morning Wonders. These Shoes Are the Very Ones that Cammeyer Was Was Proud to to Sell You at ‘Regular ar Prices ‘This Season. Now Th They Have Have Had a a Price-Tumble and Be- Be- come “Truly Arnazing “Values, Amid the hue and cry of ‘Special Purchases of Bankry, and ‘‘Lucky Luys from Overstocked Manufacturers stands as a beacon light to men and women desir! regular Cammeyer “hoes at Prices Greatly Lower apt § Stocks" this Sale to wear 66.00, 6.50, 7.00) ¢ Men’s and Women’s Low Shoes 35200, 5-50, 6.00) ¢ Men’s and Women’s Low Shoes This PRICE LESSENING Applies Only to the Prices, for the Shoes Are All of Genuine Cammeyer Standard of Merit Quality. Me Blece SIFAv san 4 ry parelPau Friday ED at AMA Special for cHlecot, oy coyrn EAP oa pi mii om Tit a8 Tiras! CHARLES A, KEENE ‘Watches, Diamonds, Jewelry, 180 Broadway, New York - Open Until @ e'Cleck, Saturdays igcladed. WORLD “WANT®" WORK WONDERS. he CAO” ee -.