New Britain herald., 1914-07-29
Belgrade, Serpian Capital, Bomba1ded;
 Bride Oper SApe Riper Blown Ub European Powers Massing Armies Snufegc Points for General War German and Russian En1perors
 Exchange Communications.

the eastern part of the country, while strong divisions of volunteers rein forced by regulars were gathering along the river Drina, near Losnitz on the Bosnian frontier.
 Montenegrins Making Preparations.
 The Montenegrins also were making preparations and had stationed a brigade with a mountain battery near Priboj, where women were busy building earthworks. :.
 Servian and Austrian aviators at the same time were flying along the frontiers trying to locate the posi- tjons of the opposing forces.
 May Avert Conflict.
 As far as general European war is concerned, diplomats in London, while they confess the situation to be most grave, consider there is hope of averting conflict so long as the Austro- Russian conversations con- tinue. at St. Petersburg.
 Another danger has arisen owing to the uneasiness in Germany at the preparations being made by Russia along her frontier. Ordinarily, it is pointed out, Germany and Austria have the advantage over Russia in being able to mobilize more quickly. and they do not wish to lose this ad- vantage.
 Poles Organize Revolution. Reports have come through from Vienna that the Russian Poles have organized a revolution and blown up several magazines, but no confirrna- tion of this has come to hand from ether sources -'a4sa
 Partial mobilization of the Russian troops in the southern and south western districts was ordered by the Russian war office last night, accord ing to despatches received here It is argued in official circles that al- though this action dangerously diminishes the chances of maintaining European peace, it does not neces- sarlly imply rupture of relations be- tween Austria-Hungary and Russia. The hope is still expressed that some European power may yet succeed in Bringing about an understanding be- tween those two states.
 Registers Formal Complaint.
 A telegram from Premier Pachitch of Serv1a to the Servian legation in London registers formal complaint in regard to Austrian attacks on Ser Vlan merchant vessels on the Danube. It says:
 The Austro- Hungarian military and civil authorities fired throughout today on.July 26 without the slightest provocation from our side and dam aged three of our trading vessels at kostolatz, on the Danube The Ser vlan flags were hauled down and re- placed by the Austrian colors. There were, however, no casualties"
 Reflected on Exchange.
 The seriousness of the European situation was reflected today on the London stock exchange, where British consols dropped at one time to 69 1-2, the lowest point reached since the early years of last century. They opened at Fl or three-quarters below yesterday. Soon afterward they dropped to 70 12 and then lost a full point, bringing them down to 69 1-2.
 A government broker came into the market at this point and commenced buying all the consols he could get at 70 1-2.
 Small Failures Reported.
 Three small failures were reported early in the morning session and two later on, making the total five. None oi them was of much importance but it was feared there would be more later in the day.
 Otherwise there was nothing doing on the exchange and no other quota tions were available, the market being in a condition of animated suspension.
 Stock Sales Effected. I
 Dealers on the stock exchange af- terward began to do a little business. but sales were effected only after much negotiation. #
 The transactions in the American n section showed the quotation of Cana dian Pacifics at first to be 161. then rising to 170, and afterward declining again to 166 as compared with yester- , days closing price of 176 IA South ern Railway was quoted 17 against yesterdays closing price of IS 3-4, and United States Steel 54 as compared with 5S 1-2 at the close yesterday.
 Comments on Situation.
 The North German Gazette the of ficial organ of the German govern ment, will publish in it's evening edi- tion the following comment on the international situation:
 'The peaceful tone of the official Russian communication issued yes- terday finds lively echo here.
 The imperial German government shares the wish of Russia for the l maintenance of peaceful relations, and it hopes the German people will sup port it by maintaining moderate 1 and quiet attitude l
 Trying to LocaIize War.
 Vienna, July 29-Germany and 1 Italy today continued their efforts to l localize the war declared yesterday | by their ally, Austria Hungary, against ! Serv1a, and the efforts of all the Flu