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Show SITUATION REGARDED AS EXTREMELY SERIOUS Vienna, Austria, March 21. The j H Austria-Hungary government is pre- paring an ultimatum to Montenegro. j H according to an unofficial statement j H today. I gl The Montenegrin reply Is consider- H ed here as creating a serious sltua- j H tlon. A Ilvelv exchange of views is i'l proceeding between the Austria-Hun- H gary and the Italian foreign offices j in regard to possible joint action by I the two powers H Austria will insist on enforcing the I'l decision of the European powers thai j 1 Scutari shall remain nn intcgray part i gl of the future autonomous slate of Al- I' H |