The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1914-07-25

fused all requests Of Servia for an
extension of the time limit for a
reply to it's note.
London, July 25.-The Austro- Ser
Wan imbruglio today occupied the at
tention Of every chancellor in Europe,
whore the situation is Recognized as
fraught with possibilities of a general
conflict. The condition Of the stock
exchanges gave "A strong indication of
the fears felt by the general public,
and stocks of all kinds suffered col
LAPSE. The hope was generally eX-
the nations would be avoided.
The Russian view of coercion eXer-
cised on a Slav nation was watched
closely. as il was felt that on the de-
csion Of st. Petersburg. as to whether
Russia would actively support Servia
in resisting Austrias demands, depend
the final outcome of the controversy.
Many rumors were current, some as
further time to reply, others that she
refused to do so and still others that
Servia was defiant and preparing for
the worst.
Statesmen of all countries, in the
Meantime. were making endeavors to
bring about "a peaceable solution. and
al sought to restrain the movement
toward "a panic.
Germany Approves Austrian Note.
Berlin, July 25..-The newspapers
have ceased the discussion of the pos
sbity of an Austro- -Servian conflict,
and have started an earnest discus
sion of the probable attitude of Rus
sta, which may mean peace or war for
Germany.
officials profcssed to have no infor-
nation from st. Petersburg. but reiter-
ited that Germany fully approves the
terms of the Austrian note and is de-
iermined to draw IL Austria is attack
ed by a third power.
National Prestige at Stake.
Belgrade, July 25.-Servia. according
10 sources i'm close touch with the for
eign Office in Belgrade, has requested
Df Austria an extension of time i'm
which To reply to the Austrian note,
asking for delay until the Servian par
lament, which has been summoned i'm
session, shall have been
consulted. 1t is also stated in author
taIive circles that Servia is ready to
grant the Austrian demands as far as
possible without damage to her nation
al prestige.
Russian Charge Asks Extension.
vienna, July 25.-An extension of
ime of forty eight hours, i'm which
oefvia may reply to the Austrian note,
was requested today by the Russian
'harse daffairs. The Servian market
showed Improvement on the report.
No Extension of Time?
London, July ga special from
vienna says that the Russian charge
aHalrs, who requested the Austria
hungarian foreign Office for a prolon-
cation Of the time limit for the Ser
wan reply to the Austrian note, was
"lorined 1t could not be granted.
Servia Said to Have Yielded.
London. July 25.-A special cable
rom belgrade, via Vienna. says Servia
'dS accepted the Austria Hungary ul-
.'na'um Another dispatch from the
same source says 1t is rumored King
e'er OF Servia has abdicated.
Want Russian Army MobiIized.
"'' petersburg, July 25.-Many st.
petersburg newspapers demand the
immediate mobilization of the Russian
''Iiy on the Austrian frontier.
Stocks Are Hard Hit.
london July 25.-In all European
,'p''als a grave view is taken of the
nuS'ro-Servian situation. Unconhrmed
'''i'rs of Russian mobilization caused
'"i''c conditions in the stock market
"is @ forenoon. Everybody offered stocks
finding buyers. The stock
MARKET In Berlin also was demoral-
''u' RUSSIAN and Austrian securities
"e'e the hardest hit. At Paris many
,,oCNS !, were offered without buyers. In
n''''h ~ curb prices after the close of
~ regular market improved on re-
pS' ~ Is from Vienna that Servia intend
I'd to yield. '
=. "ew York Market Affected.
Nv Wv forw, July 25.-Semi-panlcky
a.. V"u''ions in all foreign markets found
- 49,, reflection in numerous severe re-
Ind,'' mere a brisk rally followed
'"u'cations of relaxation in the for
NJ situation and many losses were
more than retrieved.
o., psnie In Wheat Short Lived.
"A =. "So' July GA war panic seiz-
~ '"e wheat market, but only for n |