The evening times. [volume] (Grand Forks, N.D.) 1906-1914, 1912-11-12
RAN GosSR.

new - SenQS ultlrndt.
UNI to Servia and declines any lengthy
In defiance to Austria in preventing
Servia from getting seaport on Adri-
attic.
President Mellen admits that Grand
Trunk has been in negotiations with
New Haven, looking toward an inter.
change Of traffic.
Erie railroads gross in October in
creased IL per cent over that Of year
ago. this being high record for that
month.
London settlement began today.
American stocks in London firm Ia
to 7-s higher.
Prominent business men believe that
It extra session Of congress is called in
March 1t will be for preliminary tariff
work.
Canadian Pacific declares regular
on common stock.
Arbitration board meets Thursday
at Chicago to take final action on en-
gineer's demands. decision is expected
this week.
Lamson Bros.-Interest centers in
foreign war news and news regarding
the new crop in the Argentine where
up to the present time all indications
are favorable.
SAA III SO41IHoUy Sdys ~
Liverpool should come higher there IA
apt to be a further response in wheat
mere. Small corn receipts and de-
crease In stocks with firm cash prices
level"
Ware and Leland-"Unless a com.
pete cnange comes about we cannot
zee wnere wheat values will maintain
sneir present level. Favor sales Of
cables: The feeling here fods ol'i 10
more optimistic on the wal situation
with the speculative tendency toward
buying stocks.
chicago-1nter- Ocean says: 1T
looked as though the local wheat
traders were short last night from the
IDENTITIES which sold one cent above
the regular market close. while downs
were within 3-sc Of the market. One
OF h largest bears bought downs.
however. presumably having covered
his shorts during the day. A maiori-
y OF the traders said there was moth
ing to the closing advance except a
little q among shorts because of
the break In stocks. It was said by
some Of the pit traders that the mark.
ct does no break right for q bear to
make much money at present in spite
Of tho fact that the visible has in
creased 6.190,000 bushels in two weeks
and is expected to continue to rapidly
overcome the large deficit as compar-
eo with last year. Comparatively few
OF the traders are operating heavily
because OF the uncertainty regarding
the political situation abroad and the
action OF the market in turning profits
into losses over night. especially as It
did over Sunday"
New York-Most Of the newspapers
print dispatches indicating that the
Austria Servian situation is not criti-
cal but that Germany Is trying to bring
about an understanding. One report
from Vienna says Austria has present.
ed an ultimatum TO Servia. American
stocks are bouyant with gains of 1-2
to ! per cent in most issues and Ca.
madam Pacific over W points up.
British consols are unusually strong at
a gain Of 5-16. This 10 a most re-as-
surfing thing. II the Adratic port
question can be postponed until the
By that time servia will be less insist
ent Of her demands. for winter will
have set in and the heavy burdens Of
war will cause her to rent to some cx-
tent.
1t now appears that Governor VII.
son said nothing yesterday which
could be construed as a statement
about an extra session of congress but
1t 10 generally assumed that he will
call one. This is regarded In financial
circles an much better than postpone
ment and they do not take 1t q a bear
point on the business situation. An
on industrial shares but should not
hurt the rails.