Newspapers / The Asheville Times (Asheville, … / July 30, 1914, edition 1 / Page 1
Part of The Asheville Times (Asheville, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
L d ;- - 4 4 ' -'V. fS OAZBTTB-NKW8 HAS THE HOST EXPENSIVE ASSOCIAT ED PRESS SERVICE the CAROLINA II iWEATHEE FOBEGASTi i j FAIR WEATHER. 1 ( fcf VOLUME XIX. NO. I4u ,X ASHEVILLE, N. C, THURSDAY AFTERNOON, . JULY 30, 1914 PRICE FIVE CENTS mm GMMMAM BLOOD : mrnmlmw- INCREASES RATE " CLASH IN U. S. Step Taken as Protective Meas ure in View of Choatic Con ditions Caused by the Balkan. Trouble, f GLOOM PREVAILS ON STOCK EXCHANGE Several Failures Have Taken Place Raid Made on Bank . Of England's Gold' ; Supply. T..nHnrt. Jlllv XA a-A1fini1 hann an ticipated the bank of England today raised its minimum rata of discount an entire point,' making' It four 'per cent, J-no step was uuten as a pro- tAptfvn mnflaura In' vIaw nf tha Phaatln conditions on the continent following tne ouioreaK 01 war Deiween Austria Hungary and Servia and the almost general advance of the bank rate in rnntinpntal Rantera , By discounting bills freely during tne past iew oays - wnue orainary annroen fnr riiaanlintlnir vata nrn.tl- enllv auanendaji. and- hvV nrfantntf credit In connection with gold coming irom iNew,,iorn wnue Amencin ex change wa so- difficult to obtain, the tanic or Engiana eonmaeraoiy. reliev ed the financial world.' Now, how ever, that a raid is being made on its gold supplies by the continent of Eu rope the Sank of England has found it necessary to taxe protective mtas urea. ' ! ' Something like $5,000,000 In gold Went nut vMlnrdiv while France se- mmrt rtvttliallv n whnlA nf the J5.000.0OO which arrived from South Africa on Tuesday." ' Absolute gloom prevailed today on the stock exchange. Yesterday's crop of fullures and the fact that there 'was no Improvement in the European arlata k. .a naat il.nrMUlllff affoi't. Brokers stood about in groups waltinii for something to turn up and declin ing to do any business. , Quotations were somewhat under yesterday's fig' 'urea Hnf wan nuralv nominal. The hammer whose tapping on tho Aaat .nnAimM ff 1 II r. nn the CX- change, was heard early today when the Devenburg company, with large continental connections, announced that It wu unable to meet their ubli- ratinna ' All tha failures thus far have been of firm which do continen till hlialnaaa. ' .. i New York, July 80. Olllcials of the New York exchange loiay sam cliwlnir nf tha Mchann had not been conaldered through yesterday it ex perienced one of the most sever tests In Its history. Commentm? on the stability of the market H. O S. Noble. Drenldnnt nf the board said: 'The fart that tha NaW Ynrk St-Xik tX change stood alone with a free and Unreal rlta.1 market for securities 1 a tribute to the sound condition f American finance." There Is little danger of Industrie in this country suffering because ot the threatened general war, according to employers in some of Ui 1-rge manufacturing trades. A rally of 1 to I points followed the first half hour after which an other selling movement ensued, car rying prices below the opening and in several Important Instances under yesterday' low, Trading in the first hour amounted to 165,000 shares. The ominous nature of European hews was reflected today in the witd- lv avnll m.A mi.nlnv rt tha Onff ( mST- et. Prices opened at 71 to 14 points cown rrom last nlgnt, representing break of approximately a cent and a nan since tne nrst oi ins wr. Vrtvtm Break. 1. .k .V. . tnV market V 1 1 UI'VUllia ... here teday prices again broke sharply on the latest turn In ths foreign sit uation. Losses ranged rrom I to points, the latter In Canadian Pacific UhMt Jumna. Chicago. July 10. Wheat today Jumped up seven cents a bushel In the first minute of trading as a result if tha V . .nann I - . & i if j ir, i. v ' 1 The December option, which cloned at l cents last night, sold Imroedl- at.lv ... I - .. . . aa Prlr.. atN v. a a v m two cents apsrt in different sections or tne pit at the sams moment. , ' Transactions soon became scanty, to put up Instantly almost unheard ot margins being In a position ro traae. Tha- I m W ..twaaMa May wheat selling at $1.01 as against ' t last mnt If. I. TJ I A Brusawla, July 10. The rate of dla- Two Austrians Probably Fat ally Injured by Crowd of Servians in Los Angeles California. , FOREIGNERS FIGHT IN JOILET STEEL MILLS Austrians Invade Servian Mass Meeting and Riot Follows , Red Cross Active in The Situation. Tanti ' AnoalAa Pol Titltf OA Tf A lldtlana ntaii -n(-a1-.n Vl n tnllir 1 - jured in a flKht with Servians here early today. According to accounts given the police several Austrians were attacked by the Servians, tne lfcnAera rrvlncr "Wa will Irlll all An.. trlans before they go back to fight us." A tnfih i-tiilnlrlir tra ! ax A Vmf won dispersed by police. A number of ar rests were made. Fight In MUls. 7 Tnllat Til Tulv 9ft Anatt-lnna at A Servians in the large tforelgn setlle- mant af ataal Tmlll amnlnv. lip-it nai1. wrought to a high pitch today nd ponce guards were moreasea as a re sult of a clash last night in, which many shots were fired. The riot broke put when a jnoes meeting of Servians was invadsd by several hundred Austrians who 'acred the speakers. Fighting began with fists and clubs and the mob pjured into tne street wnere revuivero drawn. The police say that wounded persons were concealed by tneir friends. ". -' Raise Funds. eiarv Tnfl.. Julv 30. The targe for eign quarter of this city of steel work ers is aflame wun war excuemeuu Tha Kan York roncul has telegraph ed the 5000 Servians' here to prepare for war. QreeK ana eservian women have organized a Red Cross league and have collected $3000. Last night there was a big Servian and Greek demonstration. hundrersvoi men anu women parading the streets singing patriotic songs. Addressee Asked. New York, July 30. A proclama tion calling upon all patriotic Austrl trians, . Hungarians and Croatians forward their addresses at once to their nearest consulates has been for warded for publication to 'all pro-Austro-Hungarian newspapers throughout the United States by Charles Winter, who Is in charge of the Austro - Hungarian consulate in this city. - The proclamation contains the am nesty proposal announced Tuesday. At the consulate today It was said returns were expected this week from all Austrian subjects wno naa re ceived special or individual calls to arms. These reservists, it waa .a..., would be the first to be-sent over, then will come the others who hatre answered the general mobilisation call. . No official word nas as yei uw received at the Servian consulate here concerning mobilisation calls. This was accounted for by the fact that a'l cable messages from Servla must come through Italy and Austria and therefore may have neen sioppeu iu transit. . . . Thus far the war clouds overnan Ing Europe have not greatly affected bookings lor European ijui. .nn A...triana and Servians sailed yes terday on the LaSavole. Cable advices from Paris ana ixmuun here today said mat tnounanu. . i.. a tonriata were awaiting de velopments befor continuing trips eastward. , Trsnsport SsMs. Norfolk, July 10. The fansport ,-r- .iiarf at 9 o'clock this morning for Ouantanamo, Cuba. Bhe carries four hunarea ro"" count of ths Bank of Belgium was raised from to per cent umaj. lloursfl Re-oponed. Amst.rdam. July lO.-The bourse re-opened today, a committee or banks having placed a large aum .of money at the disposal of the bourse committee for loan on national se curities. ' Raises Ustft Paris. July 10. The Bank or France today raised its discount rate from SH o 4 per cent and IU rate for loans from i to i per cent. RESER FLOWS. IN JAPAN GENERAL CONFLICT Germany Has Issued Officers of Reserve Guard In Berlin Tb Mobilize. THE OTHER POWERS OF The Situation Austrians and Servians Have Sus tained Heavy Losses. Berlin, July 30. The reserve oflScers of the Guards army corps, whose headquarters are in Berlin,- todaj eceived ord ers to mobilize. i t - -: Rome, July! 30.Official cir cles here appeared today to have abandoned all hope of the efficacy of mediation in the Eu ropean conflict. It was stated that the moment had now come for Germtny to show whether she wanted and still wants war and it was argued that she alone could influence for peace. - St. Petesburg, July 30. The Official Agency here today pub lishes a dispatch from Tokio quoting a newspaper there as expressing the view that in case of a general European war the participtation of Japan as ally of Great Britain is pos sible. . . 4 , London, July 30. All for eign pupils at the big German schools were informed yesetr day that they must lear Ger manv immediately. London, July 30. Prepara - . tions for a possible general Eu ropean war went on steadily today in every country likely to be involved. The complica' cations of the situation were augumented by a rumor that Japan also might join in the conflict. While Austrian invaders and Servian troops were fighting, the opening stages of their war on Servian territory today ku roDcan statesmen and rulers wpn enffinred in what they re garded as tne almost hopeless task of trying to avert a gen eral clash of the armies of the great powers. Sir, Ed ward Grey, a central fijrure owinp to his efforts to prevent hostilities between the triple- alliance and the, triple entente, 'was not able to give any cheenng news when he spoke about the crisis to the members of the house of com mons. The British foreign secretary said: "I regret that I cannot say the situa tion Is less grave than It was yester day. The outstanding facta are much the earn. Austria-Hungary has be gun her war against Servla and Rus sia has ordered a partial mobilisation of her troopa This has not hitherto led to corresponding steps being tak- , AMY EUROPE ARE ALSO ACTIVE Considered More Grave en by the other powers so far as our information goes. . 'We continue to pursue our one great object of preserving the Euro pean peace and for this purpose we are keeping in close touch -iwlth the other owers. yln thus -keeping' "Un touch we have," I dm glad 'to say, have had no difficulties so far with the other powers, although it has not been possible for those powers to Join In diplomatic action as was proposed on Monday last." . Premier Asqulth also spoke of the extreme gravity of the situation. When announcing to the houso the postponement of the second 'reading of the bill to amend the Irish home rule. . ' v ' ' England's fleet has ijeen 'ordered on a war looting ana tne scauereu ves sels .of the navy5- are being brought back to their bases. The Mediterra nean fleet, which watched Malta to day, found lighters waiting there loaded with coal which was at once taken on - board the war vessels so they .could be moved to any quarter without delay. : : All members of the metropolitan police, which is a government force, have been recalled from leave. The men will be required to guard the government dock yards and maga r.lnes in case the regular guards should have tu Join their regiments. Such European stock markets as remained open showed utter stagna tion. As to what is going on in the fight ing xone, little Is known on account of the strict censorship. All kinds of reports are in circulation, one of them stating that a battle had taken place In Bosnia, on Austrian territory, between Austrians and '.ervlans and another reports the fall and burning of the Servian capital. Still another tells of an Austrian attack on the Montenegrins at Mount Lovchen over looking Cattaro. The British war office today denied the report published in the United States that the British territorial troops had been ordered to mobilize, Situation Worse. Berlin, July 30. At the OermanJ foreign office It was stated today that efforts toward the maintenance of peace still were In progress and that Germany had not yet ordered the mobilisation of her forqes, Representative officials at the for elgn office, however, declared the sit uatlon had grown worse today Instead ot better. They pointed out that mobilization of the Russian army at a time when Austria-Hungary had not moved a man toward the Russian frontier oould only be Interpreted In one way and that was that Russia waa determined to support Servla. It was added that France also was known to be making secret military preparations and that although Oer many had not yet mobilised It was questionable whether she could re main Inactive much longer In face of the military preparations on her bor- dera Settlement dealings on the bourse were entirely suspended today and tha brokers who gathered on the floor confined themselves to cash transac tlons. , Tha most pessimistic rumors were In circulation and many firms wr In difficulties.' The members of the bankers association met and many of those present were in favor of closing the bourse but It finally waa resolved to keep It open (or cash trading. Slotting scenes were witnessed on ths produce exchange where whoat (Continued on page I) . WES ENTER Orders To London, July 30. A tele gram received by the Servian egation say the Austrians at tempting to cross the Danube 20 miles east of Belgrade were repulsed by the 'Servians adn that a big artillery engage ment is in progress. Another message eceived by the . Servian legation says the Servian troops sucessfully re sisted the Austrian advance at Losnitza to the west of Bel grade. Nish, Servia, July 30, The nvading Austrian troops ad vanced today some twenty miles tO the Southward Of Bel-1 grade and an artillery duel was in progress this morning near Kicznicy and Semendria. London July 30. A news paper dispatcn irom Kome says sharp resisting is being offered to the Austrian ad vance from the northwest by small detachments of Servian troops left to impede their progress. The news comes from Nish, Servia,, by way of Sal- onkL The Austro-Hungarian in vaders followed the valley on the river Morauva and first en countered a body of Servian troops at Semendria on the Servian side of the Danube. The Servians held their ground until night fall and then retired Both Austrians and Sevians sustained heavy losses several hundred soldiers being killed in the engagement. On the western ide of Ser via an Austrian column came into contact with a Servian force at Losnitza which put up a stubborn defense and held the fort there until dark inflict ing heavy losses on the Aus trians. . The Southern Austrian col umn in the Bonia remained stationary today awaiting the movement of the Montenegrin troops. , i The ancient fortress bt Bel grade was reduced by the Aus trian artilllery .which, however, caused onl slight damage to other parts of the Servian cap ital The British legation waa struck by on Austrian shell. , ; . (Continued on Page Htns), . CALLED LUMBER RATES IRE Southern's Revised Schedule For the Carolinas, Virginia And Tennessee Held Discriminatory. SUCH IS RULING BY . FEDERAL COMMISSION Record Discloses Advances are More Numerous Than the Reductions, Says Com mission Report. Washington, July 30. The South ern railway's revised schedule of lumber rates from producing regions In North Carolina, South Carolina and Tennessee to Virginia and points north and east today was cancelled by the interstate commerce commission. The proposed tariffs Involved both in-1 creases and reductions and were held to be unjustly ."l8crimi..atory against certain grades of lumber and certain destinations. The commission express- hd no prejudice against , the right of tha carriers to present another plan pf revision designed to bring about greater uniformity than now exists. j "It appears from the evidence," says the commission, "that' the pro posed revision was made solely for the purpose of bringing about a re adjustment or realignment of the lumber rates to place all sections of the territory Involved upon a uniform basis and that It was at no time in tended to tdvance rates to secure ad ditional revenue. The record discloses, however, that the advnees are much more numerous than the reductions, the ratio being approximately 21 V4 to 1 . It Is also evident that the ad vances affect principally lumber clas sified as 'oak and other kinds,' which comprised the larger percentage of the timber cut, and that the reduc 1 tlons apply principally on hemlock ! and spruce. Spruce lumber is ob tained at comparatively few points, the principal tracts being located on the two lines of the Tennessee and North Carolina railroad at Crestmont and Canton and are owned by the in terests of that railroad. Approximate ly 80 per cent of the lumber shipped by the Tennessee and North Carolina railroad is raid to be hemlock and spruce and of this amount by far the greater portion is produced by the owners of the railroads. "The propriety of the allowance made to the Tennessee and North Carolina railroad is not in Issue here but apart from that it is certain that the revision of the rates proposed was made at tho ximgestlon of the owners of that prop.H which are in compe tltion with oth.! operators In this territory and the record discloses a serious charge of discrimination tn favor of the operators on the Tennes see and North Carolina." M REUNION AUGUST 8 Survivors of the Twenty-Fifth North Carolina Company Arrange Annual Rally There will be a reunion of company I of the Twenty-fifth North Carolina regiment near the store of R. J. Oaa ton In Hominy on Saturday, August I, There are about 40 survivors of this company in tne section and prepare tlons are being made for a gala event. Practically every member of the com pany now Irving Is expected to be present. The reunion of company I has come to be an annual event in the Hominy section and each esason at this time arrangements are made for a big rally and picnic at some central point ' The veterans are thus given an oppor tunlty to meet and talk over times gone by and the people of the sur rounding country likewise gather to enjoy the sociability of the oocaslu. The executive board ot tha Civic league will hold a meeting tomorrow at the Henrietta at 11 a. m. CANCELLED BRYAN TO MOVE D AT OH State Department Affairs to Be Directed From Asheville . By Sec'y Bryan Dur- , ing the Summer. WILL HAVE USE OF LEASED WIRE Secretary May Sit on Front Porch and Follow Euro- pean War To Come Next Week. Gazette-News Bureau - Wyatt Building, Washington, July 30. For the first time In the history of the government the affairs of the de- ' partment of state will be directed from a North Carolina city wnen Secretary of State William Jennings' Bryan reaches Asheville some time next week and- establishes official1 headquarters for the department of which he is tho official head. The secretary has- arranged for the' gov ernment to establish and . maintain a special leased wire from AhevHle to . . Washington in order that Be may sit , on his front porch and .learn without -difficulty Jusf how the Mexican and .," European situation is progressing. - ' If the leased wire is maintained 13 hours during the day it will cost the United States government at the rate of $6,879 a year and a fraction over ' 6,000 for the night circuit, should one be maintained. This does not in clude the salaries of the telegraph operators and clerks who will go to Asheville to wait on Mr. Bryan. Representative Godwin called at , the treasury department to ask that some of the crop movement - federal . money assigned to Wilmington be al lotted to the American National bank. Mr. Godwin was told that $500,000 will be sent to Wilmington to be dis tributed in such way as the govern ment thinks proper. Mr. Godwin has appointed the fol-, lowing rural delivery carriers: J. D. Frlnk, Tarboro; R. E. Collier, Un-. den; and John W. Winter, at Castle Hayne. Former Sheriff Jim Jordan and ' Charles H. Ireland, manager of the Odell Hardware company of Greens-: boro, are here on business. Senator Overma.i has secured a po sition for Col. A. J. Fields, of Raleigh, In the department of " Justice. Mr. Fields will be an inspectors' agent In connection with the investigation of ' trusts. i TWO GAME HERETO E Association Boys and Morgan- ton Will Battle For Hon ors August 10-11. The picked baseball team of the Asheville Y. M. C. A. will play the Blltmore aggregation at Oates park tomorrow afternoon at 4 o'clock. Tha contest promises to be one of the beat amateur exhibitions ot the week as both teams are strong. The Blltmore boys have won five out of six games played this season and are confident of victory tomorrow. The association boys appear equally confident Either Coleman or "Big Dic. Chambers will pitch for the team. The association boys have likewise arranged for two - games with tha strong Morganton team, to be played here on the afternoons of August 10 and 11. They were defeated one this season by Morganton but the team waa crippled at that time. Thai games here will be for the state ama teur championship and the very best amateur games of the season are promised. Both teams are expected to be In the pink of condition. Ilebola Take. City. El Paso, Tex., July SO. Guanajua to, capital of Guanajuato state la central Mexico, was occupied Tuesday by constitutionalists In command of General Jesos Carranca, said a report received here yesterday. The city, had been evacuated several days ao c v it
The Asheville Times (Asheville, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
July 30, 1914, edition 1
1
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75