Omaha daily bee., 1914-07-29
STOCK MARKETS EXCITED
British Consols and French Rentes
Are Again Lower.
BERLIN BOURsE OPENS WEAK
Rams on savings Banks Contiune--
LonR Lines Form In Front Of
some Institntions at rive
Ia the Morning.

LONDON, July 2S-A feeling OF un-
certainty prevailed at the opening Of the
stock exchange here today. but condi-
tions we're not so panicky as they were
yesterday. British consols opened at 72h.
then fell by slow stages TO M. hut soon
rallied again to n Continental favorites
ware offered freely at first. bait gradu-
ally recovered.
Canadian Pacifics were again the weak
est feature Of the market on continental
and settlement liquidation. They went to
~ below parity. being quoted at 176. but
before noon had regained some OF the
loss and we're being quoted at 1871.
Dealings on the foreign market were
still matter Of negotiation, the tore be
ing steadier. Discount houses contipned
TO quote 4 per cent for short and three
months bills, Yesterdays gold shipments
from New York having practically no ef-
feet.
Near Pnnin In Berlin.
BERLIN. July @--The stock market
here opened generally weak today, par
ticularly in the case OF Austrian special
ties. Russian I per cents on the other
hand were quoted u higher. The changes
generally were small. the attitude OF the
Berlin bankers having reassurcd their
customers and checked the tendency OF
investors to sacrifice their securities at
any price. The Bankers association held
another session today and decided 10
meet regularly during the crisis. They
resolved TO support home securities by
heavy purchases IL necessary.
The public IN tha German capital was
very nervous today and alarming rumor5
continued to circulate. The run on tho
80 wings banks in which the poorer classes
deposit their money was resumed this
morning. As early as o'clock there we're
long lines OF depositors outside the mu-
nicipal savings banks. and the people In
sisted on having their money regardless
| OF tho reassurlng statements by the Off
ciais.
The police authorities OF Berlin today
announced they would not permit any
more patriotic proceedings in the streets
OF Berlin. Hitherto these had not been
interfered with.
French Rentes Seventy-EiEht.
| PARIS, July 2S.-Tra nsactions on the
| bourse today were limited and the quo
tetions generally we're about the same as
yesterdays, but the tendency was down
ward French per cent rentes we're
quoted at 7S.
Foreigners Lower al New York.
! NEW YORK, July &.--Refleeting for
egn conditions the local stock market
manifested further uneasness in today $
early dealings shares Of the intsrna-
tional group were Off one to two POINTS.
| IN few instances. however. yielding TO
London's low level Announcement of
further gold exports to Paris and Lon
al a. a.. -.
tension at those points.
J News OF the actual declaration of war
was followed by selling ON a steady. ac-
tive scale Prioes fell more rapidly. Cana
dian Pacific extending its loss TO over 6
points. while other prominent stocks
were offered at increasing recessions.
Large blocks OF stock were thrown over
In urgent haste. presumably for foreign
holders
Panlcky conditions prevailed in the last
hour. At that time Canadian Pacific was
down t9&; Union Pacific ga Southern
Pacific, Baltimore & Ohio. Smelling.
Reading AlnalgamRted Copper, Iehigh
Valley, Atchlson. Northern Pacific and
Harvester from to points Trading
was I'm extraordinary volume and accord
ing to reports all the foreign markets
were selling here long after their own
had ceased operations.
Canadian Exchanges Closed.
MONTREAL. July 2s-The stock ex-
change was closed by the governors this
afternoon because OF panicky conditions.
Power stocks were especially weak. Mon
treal power falling Off II points. Cana
dian Pacific railway was heavily traded
In and lost several points.
TORONTO, Ont, July &.-Trading was
suspended on the Toronto stock exchange
this afternoon, Whether the exchange
will resume tomorrow morning depends.
the governors said, on the conditions In
London and other European exchanges,