GREAT BRITAIN.

Taranaki Daily News, Volume LVII, Issue 150, 20 November 1914, Page 5

GREAT BRITAIN.

BRITAIN'S NAVAL LOSSES. WAS. LOAN WEI/L RECEIVED. . BANK! OP ENGLAND SUPPORT. u London, November 18. Mr. Churchill announced that the total naval losses were 222 officers and 3455 men killed, 37 officers and 428 men wounded, five officers and one man (missing. The naval casualties do not include the 876 men on the Good Hope. There are also a thousand navals interned in Holland. The Bank of England has agreed till March, 1918, to lend on the war loan at the issue price without margin at 1 per eeat. nnder the bank rate. This means that the stock will not fall below 95. Tiere is a great public demand for the prospectuses of the war loan, but there is no rush, as it- is obtainable at every bank and money order office. The principal banks have subscribed a hundred millions, irrespective of their customers. A conference of bankers decided on the terms of the war loan. The price of issue and date of redemption have been fixed so as to yield. 4 per cent. (Investors, who buy at £95, will get 8% per cent, interest, and be paid £IOO in 1928, when the term of the loan expires.) Mr. Asquith stated that it was not proposed to charge Belgium and Servia interest on their loans. They would see how to deal with the matter at the end of the war.

CANADIANS REJECTED. KTTCHEItEK TAKES NO RISKS. (Beceived 19, 9.40 p.im. London, November 19. Forty-six members of the Canadian contingent were rejected on the ground of German or Austrian nationality, and have re-embarked for Canada. CHANCE FOR SHORT MEN. 'A "BANTAM-WEIGHTS" BATTALION FORMING, .' Beceived 19, 10.30 p.m. i""' London, November 19. . Cord Kitchener has sanctioned the formation of a new battalion, to be known as the "bantam-weights," ranging from Sft. to sft. 3in.