Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 29, 1914, Winnipeg, Manitoba Motto a free press in Ebay july 2 Europe on verge of Gigantic War Fri reply prep fled nation knows what to a if hostilities break Bay of Hope. F at its various mints and sub treasuries. Shipments for the Calendar year Are now in excess of this it is believed is a new High Mark for that period. Paris july French govern ment Aad people appear to be quietly preparing str War. That government la simply awaiting the decision of rus Sia. Troop trains Are ready and representatives of the army Are on duty in the Telegraph Telephone and Post office. The average citizen has read in the newspapers his general instructions concerning mobilization he Long has had his orders instructing him precisely How and where to report for service. Large posters on the bulletin boards in the Posto inces City Halls and other Public buildings will apprise him of exactly the hour when his instructions become effective. Cabinet meets. The Cabinet met late this afternoon and received the reports of the minis ters. If any decisions were taken they have been kept closely guarded. Abel ferry under Secretary for for eign affairs who took part in the Cabinet Council is on his Way to Dun Kirk tonight to meet president porn care and Premier Viviani who will arrive tomorrow at Dawn. Today what is believed to be responsible opinion says that there re Mains the possibility that when aus Tria has occupied some Servian Terri tory she will soon announce her in Tention not to proceed further but to hold what she has taken until Servia gives competent guarantees that she will observe Austria s wishes. Russia would not be Likely to intervene it is argued except diplomatically and negotiations appear to be going on at the present time Between Austria and Russia. On the announcement of War to night Paris became animated. There were patriotic demonstrations in the capital and Many other cities through out the country but there were also demonstrations against the War. There have been move Menta of Gold from this port to Europe. The first begun Early in the year reaching moderate proportions. The second started in May and totalled slightly Jess than the present movement i High had its inception last week promises to outstrip the preceding one. Rates of Exchange both for demand awl cables have gone up with such violence in the past two Days As to make Gold tix ports to any part of the world a source of profit to the ship pers. One serious obstacle presents itself however the possibility of such Gold being seized As contraband by ships of the nations whose. Attitude May plunge Europe into the greatest conflict of modern times. Only such vessels of american registry As ply Between this and foreign ports worm be secure from acts of seizure. Such at least is the Atti tude of the Marine insurance compan ies which have placed War risks on All but american Bottoms. Stay slump of stocks Montreal and Toronto Stock exchanges closed As result of panic drop of prices. The value of our securities May be preserved. Wale on Canadian stocks were non committal tonight As to whether the historical liquidation of All securities stayed there was Neld in order to give us an Opportunity of finding our ground which is the most logical thing to do under the circumstances. The Rush of business in certainly did disturb things somewhat but that is attributable to the fact that the Montreal Exchange was not opened anal the consequent forwarding of orders on to Toronto. The Toronto Exchange has decided to act in concert with the Montreal Exchange. A special committee meeting will be held to Morrow morning when a decks Len will foe arrived at. It Iriner seeking peace but preparing Forwar All Enro Pei ready for great struggle despite efforts to localize fighting. Danger shown by _ precautions taken by Switzerland hol land and Belgium. London july 28. The declaration of Hungary on Servia immediately after Germany and aus announcement of War by Austria today almost late nation is to allow investors time to protect themselves in face of crisis. How Europe has clamoured for Gold Over Hundred millions called from new York with movement still growing. New York july torrent of Gold has poured out of new i Ork to Europe since the beginning of the War scare several Days ago. Since last thursday shipments have amounted to there is no abatement in the flow and the present movement it is believed will establish a new re Cord. The emergency demands for Gold from Paris and London have depleted the Stock of Gold bars at the assay office and As a result some of the Gold ordered today was in United states Coin of which the government has on hand at this time an amount exceeding free press special Toronto july a War. The committees of the Toronto and Montreal Stock exchanges abruptly adjourned the respective sessions shortly after noon today when it was seen the demoralization of the european courses was seriously affecting values of Canadian securities. There Are few precedents for the action of the governing bodies of the exchanges but it proved a Wise and judicious course of. Action for it pre vented the slaughtering of prices in entire disregard of intrinsic Worth. For a time possibly for a Day or two trading will be suspended and in any the european markets recover their equilibrium or at least until holders of stocks on margin have an Opportunity of protecting their investments. On the Toronto Stock Exchange where was suspended when the afternoon session had continued Only fifteen minutes the. Same stocks were toeing offered at the same time at prices varying from one to two Points in different parts of the room acid it was almost impossible to keep a re Cord of the transactions. The Montreal Board the sessions of which begin at the same hour As Toronto decided not to resume Busi Ness in the and the Selling orders which accumulated there poured into Toronto As fast the special lines of the brokers could carry them. It is probable that the Exchange will Tria had notified. Sir Edward Grey the not happened for a couple of Days. There is really no need for excite ment or alarm although conditions in toe foreign markets Are far from nor Mal. They will probably right them selves in a reasonably Short equally reassuring iwas the state ment made by d. Or. Wilkie president of the Imperial Bank of Belgrade deserted and army missing War under hide and seek rules is View of correspondent London july 28.--the correspondent of the daily chronicle at Semlin Tele graphed tuesday saying there had no Active hostilities Between Austria and Servia beyond the Exchange of shots of Frontier and River patrols. The last of the foreign residents in the correspondent adds have just crossed to this Side of the River on a Steamer flying the russian Flag. Meanwhile the Servian army gives no sign of life. No Trace can be found of such an. Searching parties have been unable to locate the elusive serbs. It seems As if the Campaign is to be carried on under revised British foreign mind stir of their refusal to join in. Mediation Confer ence. It is assumed of the european nations will mow directed toward localizing the area hostilities. The actual cause of Austria Hun Gary s decision enter into Hostil conflict Servia was the reply sen by the Balkan state to the note from Vienna demanding that Servia Tak Steps to put a Stop to the Iran Servia propaganda on austrian territory and also punish those serbians indirectly concerned in the assassination o Archduke Francis Ferdinand. The response of Servia was considered by the foreign office in Vienna and in a Semi offi Cla communication made Public yesterday the Austro hungarian government said that the reply was filled with the spirit of Britain s efforts. In the meantime sir Edward Grey took Ehe initiative of requesting the european Powers to permit their ambassadors in London to Confer with a View to a peaceful solution of the controversy. Italy and France at once consented to join their efforts to those of Britain tout Germany and Austria re fuse Germany supporting her ally in the Contention that it would be or Idle unified for a great Power like Austria to appear before a tribunal of european on the same status losses prevented. By the adjournment. This afternoon i wild Advance nine and a Quarter Points and Vance in wheat from Over night prices. Chicago 111., july excite ment today resulted in wheat trans actions i far up in the millions and in a Swift Rise of values. The Market closed feverish at the Topmost Point reached8 1-4 to 9 1-4 above last night. Other net gains for the Day were Corn 1 1-4 to 2 1-4-arid Oats l 1-4 to 1 5-8. To get a Clear idea of the difference which the War news made in regard the fact need re called that a change of More than 2 cents a Bushel in 24 hours is ample As a Cule to cause a widespread flurry. Today fluctuations of two cents in a and the possible closing tomorrow couple of minutes became almost commonplace after. The news flashed Chat there Are Many imitations of this Best of All Fly killers. Ask for Wilson a be sure you get them and avoid disappointment. Many unnecessary losses will be pre vented and further real drainage to the commercial situation lessened to a material extent. The course of the Selling movement which had developed into a panic was arrested it did much More than wipe out the account of Many Small investors who had been tempted into the markets by the Boom period of 1911 and 1-912 and also to Caloise larger operators to be put to the necessity of making further financial arrangements for the Protection of their investments the general opinion is that this Market has stood the test remarkably Well As obligations have been Well met and the losses i in speculative transactions have been relatively Small As compared with pro fits of the past five years. Tomorrow morning the of the two exchanges will meet at 11 o clock and if the chaotic conditions of the Continental markets Are in. A fair Way to be restored business will be resumed upon , sex hostilities had formally declared. Previous to that time the Market had actually shown a decided tendency to Sag and had not begun to display extraordinary or Rengh until after to was known that Germany had refused to join great Britain in eleventh hour at tempts at peace. Huge sales to realize profits on wheat swept quotations backward As much As three cents at one stage but the fall in values Ouick by proved not to be of a lasting sort. Humours of russian military move ments on the German Frontier carried suddenly upward and the the Day ensued when Hlor saved by Lydia e. Pinkham s vegetable compound. For fifteen years i suffered untold agony and Fot of nearly j two years i had hem j Orr Hages and the doctors told me i i would have to undergo an operation j but i began taking i Lydia e. Pinkham s vegetable com Pound and am in Good health now. I am All Over the change of life and cannot Praise your vegetable compound too highly. E very woman should take it at that time. I recommend it to both old Young for female Emily stjmmersgh.i., Swarthmore a. Canadian woman s experience fort William feel As if i could not Tell others enough about the Good Lydia e. Pinkham s vegetable compound has done for me. I was weak and tired and i could not rest nights. A Friend recommended your compound and i soon gained health and strength and could not wish to sleep better. I know other women who have taken it for the i same purpose and they join me in Prais ing it we. A. Buffy 681 South Ziekar Street fort Williams Ontario. Since we guarantee that All testimonials which we publish Are genuine is it not fair to suppose that if. Lydia e. Pink Ham s vegetable compound has the Vir tue to help these women it will help any other woman who is suffering in a like manner w e. Wora squadrons had received orders to mobilize. Probable stoppage of All wheat exports from Russia the principal com Peting country at present formed Cne of the elements of fear that drove the Trade wild. Prices Here the most exciting moments varied As much . 1, i of i. 1 1-- Hill culo ecu leu. C is it changes but if As is quite Likely the As one to two cants at the same in first Shock of the beginning of a great staff in different of the crowd War is still experienced Ahrn Al and execution of specific orders either to buy or sell at a give limit proved virtually impossible. Home markets will continue the recess until thursday or later in order that j mobilization of her great army. The entire Railroad system was utilized for the movement at troop trams the Tele graph system was virtually Taono policed for government business and a strict censorship imposed Servia has also mobilized her forces and had Garrison of Belgrade the capital to the Interior As the chief City. Of Servia occupies a position to vulnerable to toe held. All Europe preparing. War office and admiralty in Europe was in preparations for eventualities even the smaller countries such As Holland Belgium and Switzerland taking precautionary measures. Then today came the de Tara Tion of War by Austria Hungary one of the members of the triple Alliance the countries in which Are Germany and Italy. The notification of the sent this afternoon to the Servian government a nigh has its temporary Headquarters at Kra Guye Vatz. It was anticipated Here that a declaration of the beginning of hostilities would follow quickly on Ger Many a decision to hold aloof from any scheme a i mediation. The German foreign office had said that a conference of ambassadors would in its opinion serve no useful purpose while conversations Between Vienna and St. Petersburg were still in Progress. The attitude of Russia was watched carefully today in official circles Here and the firm belief was expressed tha Russia would enter the lists in sup port of the Little. As Soo As fighting started m Earnest. Romanian attitude. Free press special Cable Bucharest Roumania july 28.__ger Many today asked for definite Assur ances from the romanian government As to the attitude of this govern men Oward Austria Servia. The Reques Vas. Undoubtedly inspired no phone orders. 15c Cluny laces for 5c. Yards of Cluny Torchon and Vau lace and insertion 4n widths 1 to 4 inches. Colors White. And Ecru. Regular Selling 10-c to Loc per Yard. Thursday no phone orders. French Novelty ratings in this lot you will find Beautiful French plaids brocades nub weaves printed designs tej not All colors in one design but a full Range of coins a the Jot also a few pieces of fancy French crepe. Regular to f7 special o c no phone orders sent. Midsummer bargains in men s and boys summer underwear Clearing lines possibly your last Chance a clean up in boys summer combing 25c action suits. A01 one per a clean up in All Odd lines of men a and All size s per garment j _ underwear drumming up business when the 5iot weather comes Wise business will Adful to their Selling rather than re Duce them. They will do extraordinary things to stimulate Trade and will make their offerings. Exceptionally attractive As maj acid Price. The merchants of this Community whose business will keep up this summer will solicit business by the most expeditious and least expensive of All known advertising. Advertising is a drum an instrument of attention and incitement a resonant thing that Calls to action. Buyers wait on the Call of Advertis ing to spend their Money they look for the them in the columns of their newspapers. The newspaper is the instructor and director of the Public. For a merchant to shut his eyes to this fact is costly blindness. Tell the Public of this Community about your offerings and service for the summer months. Tempt Thern in various ways. They have As much Money to spend in summer As at other times and Are spend but they must be shown what to spend on and for the supreme medium of Appeal is the daily newspaper. The advertising department of the free press will be pleased to place at your disposal without your in euring any obligation their experience and advice on. Advertising and merchandising problems ;