6% Exchequer Bonds.
To the Directors
of Business Firms.
Directorship
never carried such a privilege as this-to help the Country in its hour of need."
HE WAR will be won by
THE
MAN POWER and
MONEY POWER. Business firms have helped toward furnishing man power by liberating their staff
and workman to fight and by
assisting their dependents.
They are now asked to help to
give their country
POWER
MONEY
Companies have reserve funds which they will want for extension
The of business after the War. Government asks them to lend their country that money to-day to carry on the War.
THE MORE MONEY THE GOVERNMENT GETS THE QUICKER THE WAR WILL BE FORCED TO A SUCCESS.
FUL ISSUE.
The Government asks the money for five years and offers 5 per cent. interest. The security is the Con solidated Fund of the United King-
dom.
On the 1st December, 1920, all
the money lent will be repaid in full. There will be no depreciation to
write off in the Company's balance
sheet. The 5-year Exchequer Bonds
at 3 per cent. are the safest invest- ment for reserve funds. These
Bonds carry a high rate of interest ;
they can always be turned into cash,
and the full return of the money is
guaranteed at a given date.
A Directorship never carried such
a privilege as this to help the country in its hour of need.
Will Directors call a special Directors Meeting, so as to make the Investment with the
least possible delay ?
"THE TIMES' says:
NO ADVERTISEMENT CAN EXAGGERATE
THE EXCELLENCE OF THE FIVE PER CENT EXCHEQUER BONDS, REDEEMABLE AT PAR IN 1920, EITHER AS AN ABSOLUTELY SAFE SECURITY FOR CAPITAL OR AS A DIVIDEND PAYING INVESTMENT"
THE HONGKONG DAILY PRE85, MONDAY, JUNE STB, 1914,
THE
WAR.
The following Cables sere: riestved con Saturday night and troyed in our Early Homing Extra yesterday.
NAVAL ACTIVITIES
THROUGH REUTER'S AGENCY.]
BIG NAVAL
FIGHT
OFF JUTLAND.
HEAVY LOSSES ON BOTH
SIDES,
LONDON, June 2nd,
28 officially announced that a Naval engageant occurred on Wednesday off Jutland. The brunt of the battle was borne by the Battle-Cruiser Fleet, some cruisers, and liget cruisers, supported by: four fast battleships, Among these the lusses were heavy.
The battle-raisers Queen Mary, Inde fatigable, and Invacible, and the cruisers Defence and Black Prisice were sunk The Warrior was disabled, was towed for some time, and ultimately had to be abandoned by the crew.
It is known that the destroyers Tipperary, Turbulent, Fortune, Sparrow haws, and Ardent were lost, and six others are unaccounted for.
No British battlesuip or light cruiser was sunk
The enemy's losses were serions. At least one battle-cruiser was destroyed, and one was severely damaged.
One battleship is reported to have been sunk by our destroyers during a night attack,
ht cruisers were disabled and Two light probably-sunk,
The exact mimber of enemy destroyers disposed of cannot be ascertained with any certainty, but it must have been large.
Aided by the low visibility the German Battle Fleet avoided a prolonged action with our main forces, and soon after these appeared on the scene the enemy returned to port, though not before re- Deiving savere damage from our battle ships.
TRAWLERS
RESCUE WORK.
LONDON, June 3rd.
(THROUGH BEUTER'S AGENCY.] ADMIRALTY ANNOUNCEMENT,
LOYDUN, June 3rd
The Admiralty announces that we lost altogether aight destroyers
One enemy battleship of the Kaiser class was blown up in an attack by Bri fist destroyers, and another Dreadnought Battleship of the hainer class is believed to have been sunk by gunfire.ME ROY Of three German battle cruisers, two of which are believed to be the Derfinger and the Lutzow, one was blown up and another was heavily engaged by our Battle Fleet and was seen to be disabled and stopping. The third was observed to be seriously damaged.
One German light cruiser and six German destroyers were sunk, and at least two more German light cruisers were seen disabled. Repeated hits were observed on three other German battle ships. Finally a Gorman submarine was rammed and sunk.
REAR ADMIRAL HOOD'S FATERE
LONDON, June 3rd. The Times understands that Rear-
Admiral the Hon. Horace Hood, CB Dew his Ang in the Invincible, as second in command of the Cruiser Squadron
BRITISH STEAMERS SUNE. LONDON, June 3rd. The British steamers Tweedmouth, Julia Park, and Lady Ninian have been
unk
The Baron Vernon has also been sunk.
FRANCO BELGIAN FRONT
(THROUGH REUTER'S AGENCY.] THE VERDUN STRUGGLE. FURTHER ENEMY ASSAULTS.
PARIS, June End.
6.20 p.m.
To-day's communique saysThere was most violent bombardment on the whole front at Verdun. On the right of the Mouse the battle continued to vary with extreme stubbornness on the whole front from Thiaumont Farm as far as Damloup.
Enemy assaulte in the Thiaumont and Douaumont region were repulsed.de
South of Fort de Douaumont the Ger- mans penetrated the southern part of Caillette, Wood, and reached Vaux Road, but all his attacks in the region of Vaux. and Damloup with the
Dutch trawlers and tuga are arriving: heaviest losses were broken
at Rotterdam, Yamuiden, and the Hook of Holland with small numbers of dead, wounder, and unwounded, picked up from the Naval battle
On the left of the Meuse we advanced 100 metres in the enemy's communication trenches south of Caurettes Wood, be- tween which and the village of Cumieres an enemy attack was stopped by our fire Our air squadrons scattered an enemy equadron atterapting to re-bomb Barde Duc. A Fakker and another enemy jon machine were felled.
TALIAN ERONT.
(THROUGH REUTER'S_AUXNOY.]
CHEAT AUSTRIAN EFFORTS, BATTLE BECOMING MORE DESPERATE
ROME June 3rd
(TZROUGH LEVTER'S/AGENOK.) PARLIAMENT ADJOURNED.
LONDON, June 2ed. The House of Commons has adjourned, until June 20th;
MR. CHURCHILL RELIN- QUISHES COMMISSION.
LONDON, June 3rd. The Gazelle announces that Major Churchill relinquishes bis temporary Lient-Coloneley on ceasing to command
Battalion of the Scots Fusiliers.
A communiqué says:The battle be tween the Adige and the Brenta is be- coming more desperate, especially along the Posing Torrent, and in the Seite Coravni zone. Violent repeated attacks by the enemy at Posina were repulsad with enormous losses. KAISER ON EASTERN IFRONT.
The enemy made furious efforts with great forces against the Italian wings, but were unable to advance a foot.
The fighting on the Belte Commant Plateau was most desperate as far as Asiago,
entre
The Italians are still masters of the Lower Plateau of Monte Cengio, where they are resisting incessant. attacke
AUSTRIAN PRESSURE
ON ITALY.
THE
LONDON, June 2nd. Asiago and Arsiero (mentioned in an Austrian communiqué yesterday) are not the plateaux, which the Italians still hold but small towns half-a-dozen miles within the Italian frontier, at the head of roads leading to Vicenza
RUSSIAN FRONT
THROUGH REUTER'S AGENCY
THE RIGA DVINSK LINE. GERMANS ATTACK NEAR JACOBSTADT.
PETROGRAD, June 3rd, A communiqué says: The Germans at three o'clock on Thursday morning sud- denly opened fire from rifles, machine guns, trench mortars, big and light guns north-west of Jacobstadt. The infantry thrice attacked, but after passing their entanglements were thrown back to their
enches by bar fire.
The enemy artillery was very active in the vicinity of the Dvinsk position.
an enemy attack south of Smorgon was repulsed.
TURKISH OFFENSIVE IN ARMENIA. EFFORT TO BREAK RUSSIAN CENTRE
GERMAN OFFICIAL before it could debouche telegram of May 31st as the place where
STATEN
AMSTERDAM, June 3rd.
A German communiqué admits the loss of the small cruivers Wiesbaden andere Pommern, while the sinall cruiser MAGNIFICENT FRENCH
Frauenloh and some torpedo-bosto are
inissing
It declares that the Germans picked up the two sole survivors of the fude- fatigable, and that three British de- stroyers ware suit, including the Nestar and the Alcaster, w
CRIPPLED ENEMY
DESTROYBLS.
COPENHAGEN, June 3rd.
Ten German destroyers passed through the Little Belt in a southward direction very slowly. One was so damaged that it was unable to proceed till fetched and taken in tow by an undamaged de stroyer.
PARTICULARS OF SHIPS
RESISTANCE.
PETROGRAD, Jane End.. The Karga Bazar mentioned in the the Turks are endeavouring to break the Russian centre is situated fifty miles south-west of Brzerum, and the same distance north-west of Mush includ
1 in calculated that the enemy,
and Austrians, number Germans 10.g 10,000. They include troops from Con stantinople, Macedonia, Syria and Galli-
by poli
The
hold a strong position
CONTINUAL ENEMY ATTACKS IN past the Bingoldagh chain, which they
crossed after the capture of Erzerum. COMPACT MASSES.
Pants, June 3rd: 2.20 pm
The evening communiqué mys: --On the left bank of the Meuse both artillerias: were most active in the sector of H 304 and between Mort Homme and the Meuse.
The Germans, on the right back, -at- tempted between Vaux Pond and Dam- loup village a powerful offensive, which continued all day. Continual attacks succeeded each with compact masses. other, but the magnificent resistance of
troops held the upper hand. West of Fort de Vaux, our counter Following are particulars of some of attacks, replying to every German at the ships mentioned above:-
tack, preverited any enemy progress. The fighting in front of Fort de Vaux, which the Germans sought to capture at
ENGAGED.
BRITISH
Queen Mary-Battle cruiser, complel ed 1913; displacement 27,000 tons; main armement eight 13.5 inch and sixteen 4-inch; speed 27 kuuts.
Indefatigable: Battle-cruiser, 1011 18,750 tons; eight 12 inch and sixteen 4-10ch; £9 knots,
bar
all costs attained unprecedented fury Assaulting columns were mown down by our guns and machine guns, and suffered enormous losses. Enemy masses sent up as reinforcerients were caught by the fire of our heavy batteries and were thrown back in disorder towards Dieppe. The enemy, in the sector of Damloup, at the foot of the Meuse heights, succeed 17,250 knots; Lemansent and speed saue ed in penetrating to the village, of
which we hold the greater part. as Indefatigable,
The artillery duel continues very fiercely on the whole front on the right of the Meuse.
Invincible Battle-craiser,
100%
Defence, Warrior, and Black race Firat Class Craisers, completed 1909, 1907, and 100% respectively; 14,600 13,650 tons displacecient armament- Defence, four 9.9 inch and ten 7.5 inch; others x 9.2 inch and four 7.5 inch, speed, 22 knota,
Fortune Sparrowhawk, and Ardent Destroyera K" Class 831 tons, three 4-inch runs
GERMAN
Derfinger and Lutzow: Battle cruisers, completed 1911-12; 28,000 tous eight 12-inch, and twelve 8-inch speed,
about 30knots.
TRENCHES PENETRATED.
SHARP FIGHTING IN YPRES SALIENT
LONDON, June 3rd.
The Germans are sending constant rein forceroente to Asia Minor.
A Turkish communiqué Bays the Turks attacked the Russians at Mamahatum an
front of twelve miles.
THE BALKANS
[THROUGH REUTER'S AGENCY.) INVASION OF GREECER PEOPLE FLEEING BEFORE GERMAN-CLAD BULGARS.
LONDON, June 2nd.
A Balonika telegram states that 25,000 Bulgars entered Greek territory, some of them being clad in German uniforms.
The Greek inhabitants of the border districts are fleeing southwards as far as Beres, spreading panic by reports of rape, murder and pillage.
BULGARIAN MUNITION DEPOT ROMBED
SALONIKA, June 2nd. An aeroplane raid on Porto Lagos caused an explosion in a Bulgarian muni- tion depot.
GENERAL
THROUGH REUTER'S AGENCY.]
AMSTERDAM, June 3rd. A Berlin official announcement saya that the Kaiser is visiting the Army Groups on the Eastern, Front
BIRTHDAY HONOURS.
LONDON, June 2nd. The Gazette contains 45 pages of Birth- day Honours, Ce
FOR SERVICES IN THE FIELD. K.C.Bs. Major Generals Kiggell, Towke, Ducane and Heath.
C.B.-Lieut-Colonels B. H. Clima, L C. H. Beville, B. T. Ridgway, Gordon, G. W Robinson, all of the Indian Army.
Cookson,
CM. G Major General Colonels G. F. Tinley, A. W. Wingate, W. O. Walton, S. B. Grimason, Lieut.- Colonele F. G. Bradley, W. E. Branbury, HI. Palmer, R. M. Edwards, Majors LC Jones, J. A. Longridge, A. G. OTE JR Gaussen, Pritchard, Rawling, and L. H. Abbott, all of the Indian Army Promoted
Generals. Colonels
A. 8. Cobbe and G. de 6. Barrow.
"There are many promotions to brevet rank, and a large number of Distinguish ed Service Orders and Military Crosses
INDIAN HONOURS LIST. C.Bs. Colonels LC Dunsterviste, F. W. Cox and Hugh Kennedy.
Simpson, -Knighthoods. Clement Madras, Stanley Reed, Ratanji Jam- shedji Tata F. H. Stewart, W. Chiuy, A. W Binning, and R. S. Highet
The list of rewards granted to Indian officers and men of the Indian Army for Distinguished Service in the field will be announced at the end of the month.
FUNERAL OF GENERAL GALLIENI. TAXIS WHICH SAVED PARIS IN PROCESSION.
PARIS, June 2ad. The funeral of General Gallieni was a most imposing one. kdy made Vast crowds witnessed it. E a feature of which were the numerous President Poincare headed the cortège,
brought up troops to the battle of Ourog, taxicabs in which General Gallieni
thes saying
Bir
and Kitchorier And General Douglas Haig sent wreaths.
The Minister of War in un oration at the Invalides, emphasised the deceased's colonial work, comparing it with that of General Dupleix
IMPORTANT WAR WORK. WAR OFFICE'S REQUIREMENES
LONDON, June 2 The War Office announces that in order to free younger men for field service, it wants a thousand physically fit married attested men over thirty-five years of age for important war work in Great Bri- tain, the pay being 9d. an hour. The men will not be under military control. The nature of the work is not stated." STABILISING EXCHANGE IN
AMERICA.
NEW YORK, June 2nd. The fifty-million dollar credit arranged by London banks for half a year last December for the purpose of stabilising exchange has been extended for a further twelve months at 5 per cent.
INDUSTRIAL POSSIBILITIES
OF INDIA. NEW ERA OF DEVELOPMENT.
LONDON, June 1st. Professor Wyndham Dunstan, in a paper read before the Society of Arts on the work of the Imperial Institute for Indin, drew attention to the pos sibilities of the extension of the tanning and paper-making industries in India, The Institute was now able to play an
BRITISH ADVANCE IN EAST mportant part in the new era of develop
AFRICA.
LONDON, June 3rd. General Smuts reports that the posi tion of Nikocheni, mentioned in a mes General Sir Douglas Haig, in a comsage on the 31st May was assaulted and unique says: Sharp fighting orentred carried on the 30th May with slight loss. in the Ypres zalient to day on a front of The enemy retreated from Nkoman star 3,000 yards between Hooge and the pres- tion, blowing up a bridge, and leaving Comines railway, The Germans opened on intense and sustained bombardment train in our hands. Our columns are
continuing to advance, Ausser Class:It not quite clear at 9:15 am, extending along the above whether by this is meant the Kaiser class mentioned front and to the area behind of pre-Dreadnoughts or the more modern Their infantry attacked at noon, and ships the Katser the Friedrich der succeeded in penetrating our f
se and the Kauterin. The former are trenches at several points, but were re- almist absolete ships, having been com- pulsed elsewhere. tilered from 1895 to 1808, and are of The enemy's artillery slackebed at 0.50 10 tons, with an armament- of four p.m. Fighting continues in this
Our tree 9.4 inch and fourteen 6-inch guns. The locality other three ships are Dreadnoughts of Ws exploded mines on Vimy Ridge 94.70€ fons, completed in 1909-10, and last night, and, with the combination of
arrying ten 122 inch and fourteen the artillery, penetrated the inch gansour
front.
trenches at a few pornte. Our infantry subsequently withdrew.
assertion
The German communique's that strong English forces were repulsed at this point is incorrect
There was much ferial work in the
HUGEINCREASES TO
AMERICA'S NAVYNEK
WASHINGTON, June 3rd. The Naval Appropriation Bill, which has passed the Honse, authorises the con struction of five battle-cruisers, four scout cruisers, tens destroyers, 50 sub- marmes, and 130 aeroplanés
IRISH NEGOTIATIONS. SPECIAL CONFERENCE OF ULSTERMEN,
Lord Islington, who presided, eu- phasised the necessity of applying scientific means to manufactures.
BRAZIL'S CO
COTTON SUPPLY. RIO DE JANEIRO, June 3rd. President Wenceslas Braz opened the Cotton Congress, the object of which is to take measures with a view to enabling Brazil to supply the world's cotton markets
MISCELL NEOUS.
LONDON, June 3rd. Major-General Sir Arthur-Phayre bas been promoted to Licut, General.
The Liverpool Cotton Association has cancelled the Whitsun holidays.
The London Gazette announces that the Batavicach Ilandelsblad has been added to the list of firms with which persons in the United Kingdom are prohibited to trade
Wiesbaden and Pommern: Neither of hese figure in the latest reference books available, and are therefore, presumzuly
nite new ships A battleship of the latter name was torpedoed and sunk off clean wes ther that prevailed yesterday. A Special Conference of the Ulster Large supplies of MONTSERRAT”
machine was brought down Untoniet Council has been summoned for
LONDON-June 2nd
Danzig Bay in the Baltic by a British An in the air and was burned athint. It will be attended by delegates Lime Juice have recently been shipped
submarins many months since after a fight
en by artillery fire. Another was driven Frauentoh This light cruiser, of down and damaged. One of our balloons 557 tons, was supposed to have been was driven by the wind into the enemy estroyed in submarine in the Baltic lines, but the occupants landed in our
lines by parachutes. isst summer.
from all parts of the province. Sir Edward Carson will address there
from London Order a few bottles from
The Right Hon Herbert Saunel! arrived at Dublin and conferred with Bir your forekeeper to-day Robert Chalmers