TP-; 0 V AUSTRIA DECLARES WAR Decision Now With Russia Whether Europe Will Be Involved In Conflict. Austrian Army Is Moving Against Servia Neu tral Powers Cling to One Last Hope of Localizing Trouble Germany Rejects England's Mediation Proposal. London The Austro-Hungarlan gov ernment declared war against Scrvin Wednesday by n manifesto which is onu of the briefest of history's mo montoun documents. Gorrnnny paved tho way for this declaration by announcing hor rejec tion of tho British proposal to bring four K)vur together In conference for mediation. Germany explained that her ally could not bo oxpected to sub tnit her acta to un Europoun council un though sho were one of tho Halkan states. TIiIh announcement preceded the declaration of war by only two hours and gave an exhibition of tho perfectly harmonious working of tho partnor Hhlp between the two nations which Htood firmly together through tho Bos nlan crisis of 1900. Tho center of Intereflt ban Hhiftcd nharply to St. Potorsurg, which holds tho decision whether a European war which probably would shift tho balance of power, if not rearrnngo the entire map of Europe, In to break out. Ne gotiation are afoot there between the KING GEORGE,' OP ENGLAND Would Join Russia In Case of Euro pean War. Uusslan foreign minister ami tho Aus trian ambaHsndor, which aro designed to "localize" tho conflict. The nature and progress of theso conversations aro wrapped in tho thlckoat myHtery, but they aro tho last plank tho neutral powers aro clinging to in face of a Btorm which may wash all under. 'There is no doubt in British minds that Austria had fully resolved to util ize tho provaocntlon afforded by tho Saravoyo murders to wipe tho Blato clean of all accountB against Servia and served an ultimatum on her which was designed to havo no result savo war. Tho next nows oxpected 1b tho occu pation of Bclgrudo, and oven now it may bo an accomplished fact. Ro porta of small encounters along tho frontier havo been portnittcd to paBB tho censor, but military exports hero bcliovo mobilization has already been effected and that a thoroughly-planned campaign Ib woll undor way. There Ib absolutely no enthusiasm In England for war no deslro for this particular war which confronts Great Britain, yot thoro is a general belief that hor obligations to her partners in tho triplo entente, aa woll as hor in terests as a great European power, will forco her to support Russia and Franco in any stopH they may tako. 200,000 Attend Funeral. Dublin -Moro than 200,000 persons, standing bareheaded and silent in the streets, saw tho funoral procosslon of tho three persons killed last Sunday when the King's Own Scottish Bord erers fired into a mob in tho course of an attopint by tho police and soldiers to soizo arms which were being brought Into Dublin for uho by the Irish Nationalist volunteers, All uhops wuro closed, Stock Exchange Ignores European War Clouds New York Tho New York Stock exchange Thursday moved in u direc tion contrary to that of most other financial markets of the world. It gave no heed to tho alormlng'condi tlonH prevalent all over Europe, where securities of all classes, includlng'gov ernment funds, fell to a lower level becaunc of the Servian situation. Tho local market not only took further foreign offerings in largo vol ume, but bought heavily for its own account, much of the buying repre senting investment purchases of a character more substantial than had been witnessed for years. Tho bur-gian-hunter was much in evidence and with the aid of leading financial inter ests turned tho Mdo and caused a hur ried scrambling to cover of an aggres sive short interest. Reversal from recent pessimistic conditions wn largely duo to tho more favorable advices received from abroad. CZAR OF RUSSIA, Upon Whose Decision Depends Wheth er n European War is to Break Out. Berlin was tho chief factor, not only in this respect, but In the support that market gave to prices hero. Canadian Pacific, tho sourco of great est weakness recently and a primo Berlin favorite, wub taken in large amounts at almost uninterrupted ad vances. Tho German capital also bought extensively of other American shares, while PariB and London con tinued to unload hero. In fact, Berlin was nlmost tho only foroign center where anything like normal conditions prevailed, London and Paris doing their utmost to restrict trading, while other foreign exchanges went to tho oxtrcmo of sus pending operations altogether. Of tho day's total business, which aggregated about 800,000 shares, Berlin probably took 25,000, whilo Paris, London, Vienna, Amsterdam and some less im portant eontors wero snld to havo sold fully twice that amount on balances. A wavering tendency was shown hero at tho outset, with declines of 2 to 5 por cent. Ab soon ad the first offerings wero absorbed, tho influenco of tho Investment demand bocame ofTeclivo and an all-round rally cnBued which held to the close. Such reces. sions as occurred in tho final dealings wero ascribod to realizing Bales for profits. It Ib posulblo that tho gold engage ments might have assumed larger pro portions but for the high rutoH of In Hiinmco fixed by murine companies. Tho "war risk" was fixed at $5000 per $1,000,000 un against $1250 on tho previous day, NORTHWEST MARKE'l REPORTS. Portland Tho war scaro In Europe and tho higher prices In the foreign markets was tho causo of a consider able fiurry In tho Northwestern wheat moVkets. Soveral buyers jumped into tho market and by raising their bids found a good many farmers willing to let go. It is not known how much wheat changed hands, but the quantity was considerable. Tho buying was on tho basis of 79 to 80 cents for club, Local butter prices were advanced 2 cents to tho 30-ccnt baBis for prints. All tho creameries did not join in the advance, but tho now price may be general this week. At the same time, somo of the city creameries raised their buying price of butter fat to 29 cents. There has been n seasonable decline in cream receipts, and at the name timo un incrcaso in the demand for butter is reported. Oregon peaches sold at a rango of 25 to 60 cents, according to quality. Wheat Track prices: Club, 79 80c per bushel; forty-fold, 8081c; bluentcm, 83c; red Russian, 78c; Tur key red, 81c; valley, 81c. Mlllfced Bran, $2323.50 per ton; shorts, $2026.5O; middlings, $31. Oata No. 1 white milling, $22.50 per ton. Barley Feed, $21 per ton; brew ing, $22; rolled, $23.50. Hny Old timothy, $1G17; new crop timothy, 1315; grain hay, $10; alfalfa, $12. Corn Whole, $35 per ton; cracked, $36. Cattle Prime steers, $7 7.50; choice, 6.75(37; medium, $G.256.50; choice cows, $66.35; medium, $5.50 (7;5.75; heifers, $6.256.50; calves, $68.25; bulla, $35; stags, $4.506. HogsLight, $8(38.95; heavy, $7 7.95. Sheep Wethers, $44.75; cwcb, $3.25 ?7) -1.25; yearlingB, $4.505; lambs, $5.50w,6, Hopu 1913 crop, 1214c; 1914 contracts, nominal. Wool Valley, 18i20Jc per pound; Eastern Oregon, 1620c; mohair, 1914 clip, 27ic Cascara bark Old and new, 4Jc per pound. Grain Bags In car Jots, 88ic Vegetables Cucumbers, 75c per Back; eggplant, 15c pef pound; pep pers, 10121c; radishes, 1517ic per dozen; head lettuce, $1.75 per crato; artichokes, $1 per dozen; tomatoes. 60 65c per crate; spinach, 57c per pound; rhubarb, 2f3c; cabbage, li 2c; peas, 5(6c; beans, 46c; corn, $1.351.50 per crate. Onions Walla Walla, $2.50 sack. Green Fruits Apples, old, $11.50 box; new, 75c$1.50; apricots, 7Gc $1.25; cantaloupes, $1.752 per crate; peaches, 2575c per box; plums, 75c (ii$1.50; watermelons, ll15c per pound; cosabas, $2.50 per dozen; pears, $2 per box; blackberries, 75 90c per crato; grapes, $22.25. Potatoes Oregon, new, ljc pound. Eggs Fresh Oregon ranch, case count, 2323c per dozen; candled, 26 27c. Poultry Hens, 1415c per pound; springs, 1617c; turkeys, 20c; dress ed, choice, 25c; ducks, 10 11c; geese, 10c. Butter Creamery prints, extra, 27J 30c per pound; cubes, 2124c. Pork Block, lllljc per pound. Veal Fancy, 13i14c per pound. Seattle Butter will advance 2 cents per pound for thia week, jobbers at last being compelled to yield to tho diminished supply of cream and the conditions that havo long prevailed in other largo distributing centers. There has been considerable cheap butter on tho market, one lot of 300 cubes being offered, but without sale, around 22c, cubo basis. This grade serves but tho one purpose of demor alizing tho market without accom plishing any perceptible price changes. Tho failure of the cream supply has forced on n firmer tone, and tho out look for next week, with still further reductions in butterfat is steady. Poultry Hens, 1517c per pound; squabs, $2.503 per dozen; 1914 broil ers, livo, 1925c; per pound; duck lings, 1415c; old ducks, live, 13 14c; geese, live, 1616c. Butter Washington creamery firsts, cubes, 28c por pound; do. bricks, 29c; city creamery, bricks, 29c; Oregon, 28c; jobbing basis, 2512Glc Dressed Veal 15c per pound. Dressed Hogs Whole, packing houBo, 13c por pound. Dressed Spring Lamb 13c per pound. Dressed Mutton 10llc per pound. Beets New, $1.50 per sack. Cabbago Local, $2 per cwt. Corn Green, local, $1.251.50 per box of 0 to 8 dozen. ; $2.252.50 por sack. CarrotB Locnl, $1.50 per sack. Cauliflower Local, $11.25 dozen. Celory Local, 75c$l per dozen. Peas Local, Telephone, 40c lb. Potatoes Local, lc por pound. Spinach Local, 75c por crate, Squash Local, 3c per pound, Tomatoes Local hothouse, 75c $1.25, Turnips Now, white, f 1.25 duck, ALL EUROPE ON FULL WAR BASIS Faint Peace Hope Seen in New Negotiations of Russia. Communicalionn Cut Off Between Countries, Trains Halt and Ccnsorsnips General. London An extraordinary council of ministers held at Pctcrhof, accord ing to n St. Petersburg dispatch to the Times, was confronted Saturday night with a modified situation, resulting from assurances by the German am bassador, following messages ex changed between the Russian emperor, tho Germah emperor and King George. The impression among the ministers, the dispatch adds, is that Germany is disposed to bring influences to bear up on Austria to resume diplomatic con versations on grounds acceptable to the other European powers, and there Beems some hope of a compromise. London There are only two factors giving the faintest hope of averting a general European war. First Russia and Austria are en gaged again in direct negotiations. Second Both Great Britain and France are using their utmost endeav ors in favor of peace. On the other hand, Russia has or dered a general mobilization and Ger- KAISER WILLIAM Orders State of War in Germany. many has declared a state of siege, which is undoubtedly a prelude, if it does not cover, mobilization. France has not yet mobilized, but cabinet councils, which sat until late at night, issued decrees establishing a moratorium and taking other action which could only be determined upon the eve of war. Unofficially the French army is being virtually mobil ized. A circumstantial, though as yet un confirmed report, published in Rome, says that Germany is about to demand from both Russia and France the im mediate cessation of mobilization. Yet another rumor has it that the Ger man ambassador has notified the French government of his departure. Great Britain is practically, though not officially, mobilized, and the small er European states, as a precaution, havo ordered the mobilizatoion of their armies Belgium, Holland and Switz erland, to protect their territory from being used as a highway for the bel ligerents; Norway, Sweden and Den mark to guard themselves on general principles. Noted Socialist Leader Is Slain in Restaurant Paris Jean Leon Juares, tho noted Socialist leader, was assassinated Sat urday night when dining in a small res taurant near the bourse. The assas sin was arrested, but refused to dis close his identity. Later ho was iden tified as Raoul Villain, 29 years old, and said to bo tho son of a clerk of tho civil court at Rheims. Tho minister of tho interior, Louis Malvy, on learning of tho crime, left tho mooting of tho council and ordered precautions to be taken to prevent demonstrations. M. Jaurcs was seated at a table near an open window, facing tho Ruo Mont- martre. chatting with several bociausc deputies and tho editors of tho l'Hu- manlto. As though uy prearrange ment, the curtain covering tho window wub lightly brushed aside and a hand, holding a revolver, was thrust through, Before M. JMUroa could move ho re ceived two bullets In tho head, vrp.nzii ft Among Wheat Traders Chicago The wildest scenes wit nessed in tho wheat pit of the board of trado hero since tho opening of tho 20th century were precipitated Wednes day by Austria's declaration of war against Servia. Transactions totaling nearly 100, 000,000 bushels sent prices skyward, the net rises being from 8J to 9i cents. Stories of fortunes made and lost were numerous, the most specific case of sudden riches Being that of a here tofore obscure trader, who actually pocketed $25,000, which he had netted in an interval of exactly five minutes. Hundreds of spectators thronged the galleries watching the traders strug gling in the pit. The uproar was plainly audible in the streets surrounding the board of trade building. Although failures were momentarily looked for, there were none announced. Margins were being called for right and left, and to such a wide degree that it seemed certain the volume of business would be greatly restricted regardless of how high or low the market might go. The risk of speculating at all in such a frenzied market formed strangley one of the elements that promised to bring about speedy order, notwith standing that the close was at the tip top of the excitement, with prices at the highest pinnacle reached. How hazardous the situation was deemed was shown by the action of leading firms in demanding that all customers put up margins of 20 cents a bushel on every trade. The first throb of excitement was given when the news came that quota tions had been discontinued at Paris. Bullish feeling rose rapidly after ad vices weie received that Germany would stand aloof from any peace con ference. Even after the bulletin of the declaration of war there was a check in the shape of a report that Servia had conceded everything asked. It was the dispatches later seeming to involve Russia and Great Britain that carried speculators completely off their feet. In the end the market resolved itself into a spectacle of bulls frantically selling to bulls. France Quietly Preparing for All-Europe Conflict Paris The French government and people appear to be quietly preparing for war. The government is simply awaiting the decision of Russia. Troop trains are ready and repre sentatives of the army are on duty in the telegraph, telephone and post- offices. Large posters on the bulletin boards in the postoffices, city halls and other public buildings will apprise the soldier citizen of exactly the hour when his instructions become effective. The cabinet met late Tuesday and received reports from ministers. If any decisions were reached they have Been kept closely guarded. Abel Ferry, under secretary of foreign affairs, who took part in the cabinet council, is on his way to Dunkirk to meet President Poincare. According to what is believed to be responsible opinion, there remains the possibility that when Austria has oc cupied some Servian territory she will in a day or two announce her intention not to proceed further, but to hold what she has taken until Servia gives competent guarantees that sho will ob serve Austria's wishes. Russia would not then be likely to intervene, it is argued, except diplo matically, and negotiations appear to be going on at the present time be tween Austria and Russia. On the announcement of war Paris became animated. There were patri otic demonstrations in the capital and many other cities throughout the re public, but there were also demonstra tions against the war. Fear of Gold Drain Allayed. Washington, D. C. With nearly $1,800,000,000 in gold coin and bul lion stored in treasury vaults and about $600,000,000 more of coin in circula tion, treasury officials say that tho United States had no causa for alarm over the tremendous shipments of gold from New York to war-clouaeu Jfcai- ropo. secretary aicaqoo expiaineu that tho country never was In a better position to send some of its millions aboard and declared there was nothing to fear from the drain to meet Euro pean demands. No Filibuster Intended. Washington, D. C Senate Repub licans, in conference, decided not to fillibuster against the trust bills. Thoy aro oppod to them and will say so In speeches, but their main purjoo Is to bring about adjournment as soon ks possible, When the annate con vened Wednesday dlncumlon of the trado comrnlnilon bill was reaumed, War News Makes 1