IN NORTH SEA GALES. SUPERB SEAMANSHIP. LONDON, December 7. (Received December 8, at 9 a.m.) Heavy gales and bitter weather are inflicting groat hardships on our Navy in the North Sea, superb seamanship alone preventing losses. A CRYPTIC MESSAGE CONCERNING NAVAL LOSSES. LONDON, December 7. (Received December 8, at 9 a.m.) It is generally accepted that the Governments reticence in regard to unimportant naval losses involving no cost in life are solely intended to prevent Germany receiving a moral stimulus. The Government have no fears as to the effect of such news on the British public. A FINE RECORD. THE CHANNEL TRANSPORTATION. LONDON, December 7. (Received December 8, at 9.10 sum.)
The Navy havo conveyed over 2,000 transport ships on voyages to France since August 5 without a singlo casualty.
TWO SWEDISH .STEAMERS.
STOCKHOLM, December 7.
The Swedish steamers Luna and Everilda trere mined off tho Gulf of Finland. The Luna's crew were rescued, but only one of the Everilda's crew was saved.
IN THE BLACK SEA
TURKISH CRUISER DAMAGED
LONDON, December 7. (Received December 8, at 9.50 a.m.)
Sebaetapol reports state that tho Turkish cruiser llamidieh struck a mine and was seriously damaged. She only reached Constantinople with difficulty.
SHIPPING AND THE WAR.
r. AND O. COMPANY'S RESULTS.
LONDON, December 7.
(Received December 8, at 8.50 a.m.) Th« Peninsular and Oriental Steam Navigation Company show a profit of £559,705 for the year, exclusive of £68,703 brought forward. The directors' report staU's that immediateJv war was declared the Admiralty commandeered nearly half the company's fleet, or a tonnage of nearly _ 200,000. Recently there has been a certain revival of exports to India and Australia, but not to China and Japan. A formidable obstacle to trade would be the war insurance, for which tho company paid £31,000 in eight weeks. The cost of running their ships had increased in every direction, except canal dues, but, considering that the company's contingent funds amount to £450.000 and the ordinary reserve is £1,374,000, the directors felt justified in recommending payment of a dividend and bonus.
KAISER AS SHIPOWNER.
HIS INVESTMENT GOES WKONG-.
LONDON, December 7. (Received December 8 ; at 8.50 a.m.) The capture of the Wcermann linerw involves a personal loss to tho Kaiser, who is a largo shareholder in the company. RETURNING CONFIDENCE. PARIS, December 7. (Received December 8, at 11.30 a.m.) The Paris Bourse (Stock Exchange) has been reopened. ITALY AND THE WAR. WILL SPRING "TO ARMS WHEN CALLED. (London 'Times' and Sydney 'Sun' Seivijcs) LONDON, December 7. The Press (''), discussing the statement of the Italian Premier (Signor Salandra), favor Italy's intervention, and it is predicted that when the bugles call the men to arms all will respond in fervent entluisiasm, and without distinction of class. GERMANY SILENT. LONDON, December 7. (Received December 8, at 9 a»m.) The German newspapers published, without comment, Signer Salandra's speech regarding Italy's attitude towards the war. FRANCE AGS T D PEACE. IT MUST BE A~LASTING ONE, AND COMPLETE REPARATION MADE. (London ' Times' and Sydney ' Sun' Services.) LONDON, December 7. The President (M. Poincare), replying to Mr Sharp, the new American Ambassador to France, said : "Thank you for expressing the hope of re-establishing a long and happy peace. If this had rested solely with the French Government peace would not have been disturbed, but we are now determined to fulfil to the end the duty imposed upon us in order that peace, when it comes, shall bo long and happy, not illusory and deceptive. France must secure a guarantee of complete reparation for its violated rights and of protection against future outrages." PORTUGAL AND THE WAR. A MINISTERIAL CRISIS. (London' Times' and Sydney 'Sun'Services.) LONDON, December 7. During the crisis in Portugal the Government resigned consequent on an interpellation concerning the mobilisation decree. The Government considered the interpellation inconvenient, and the Premier alone appeared in Parliament upon its reassembly. He announced that the Government would not return unless the interpellation were withdrawn. It is reported in Copenhagen that the German Government view with misgiving Portugal's participation in the war. Apart from the fact that Germany will lose a considerable number of steamships now lying in Portuguese harbors, she fears that Portugal's entry will jncite anti-German feeling in South America, especially in Brazil, thus disastrously affecting future trad*,
OFF TO ANGOLA
LONDON, December 6. A Portuguese expedition has sailed for Angola.
THE JEHAD FALLS FLAT.
(London 'Tunes' and Sydney "Sun' Sertioes.)
LONDON, December 7. British refugees from Constantinople who have arrived at Cairo report that the Sultan's proclamation oalline; a. holy war has fallen decidedly flat. There was an outburst in the etreets of Pera, which was artificially arranged by the secret police, who were provided with long polos to break the windows in the Allies' shops.
BRITISH TRADE FOR NOVEMBER.
DECREASE OF £35,000,000.
LONDON, December 7.
(Received December 8, at 9.25 a.m.)
Tho imports for November decreased £12,480,017, the exports £20,154,569, and the receipts £2,357,642, compared with November, 1913.
Permanent link to this item
THE NAVY., Evening Star, Issue 15670, 8 December 1914