The Abbeville press and banner. [volume] (Abbeville, S.C.) 1869-1924, 1905-05-31
Destruction of the Russian Fleet.

some of them with the greatest success.
The vessels which escaped, the correspond'
emit SAYS, will probably be able TO reach Via
divostok aud he adds that other operations oil
the utmost Importance are proceeding.
Washington. May 29 The following ofiri.
al report from Toxic was received 1T The
Japanese legation today.
Toxic, May 29.-Rcports received from Al
miral Togo at The Japanese headquarters.
First report, received morning., May -:
Immediately upon the receipt OF report
that Russian squadron was In sg hi, our COM
biped squadron started tor attack. weather
is tue today but with heav Wy stns.'
Second report, received nignt. May p
combined squadron attacked Russian
squadron today near Okiuoshima (soulheast
or Tsushlma) and defeated It, s'nking al
least four Ships and infiIcting heavy damage
upnn others. image to our ships Is insiS-
%nifcant. Our destroyer and torpedo tiotil'a
delivered attack after sunset."
Third report. recei we'd Monday. May %:
"Main force Of our combined squadron cuu-
tinued pursuit since the 9th and attacked
the 2Sth near Liancourt Rocks (northeaSt ni
Okinoshlmal, q squadron consisting AZ Men.
OLAF l., (battleship0 Orel. tbattleship0 Sen,
yayin, Aprexln aud Izumurud, 1zumurnd
fed while remaining four vessels surrender
ed. No damage TO our ships. According to
gagement NAV 9Th. were: B,rodlnr, Quite
i, ship) Alexandra III. ~(oatt'es hip9 Zsmtchus
and three other ships. Rear Admiral Neba
gotoft AMI about 1000 other Russians we're
taken prisoners"
The following are damages suffered by en-
emy In addition TO those given above since
commencement OF battle az reported by com.
mauders not nnder immediate OF
Togo and by observation stations:
sunk.
Admiral Nackimof. D,mitri Donskoi
Svitlana, Admiral Usakyf. Kamtchatka
Irutshush, and three destroyers.
Captured.
vladimir Nouomach, founderen after cap
ture. One special service ship, whole name
unknown, and one destroyer captured:
Russian losses definitely known 80 far may
be classified AZ follows: Two battleships one
coast defense ship. five cruisers. two special
ships, three destroyers ,.ere SUNK Two oat-
tleshlps. two coast defense ships, one special
service ship, one destroyer were captured.
Total l9. 1t is not yet clear whether three
vessels rs stated by prisonert TO have been
sunk are included or not in above l'st: Their"
are more than 1.0p prisoners besides 1000
tax en- by main force OF combined squadron.
The naval engagement is still In progress 30
that 1t will take some time before the final
results can be known.
The Financial Effect.
New York. May 29.-Advices received from
london and other leading continental 6pan-
cial centers by local bankers we're all Of the
Option that Japan's decisive victory would
christen peace.
Reports that the government at Washing
ton had s1gnined its willingness to act as me-
diator in the event Of peace proposals were
current and added to the hopeful feeling in
financial circles that the end OF the war
might be looked for.
Paris, May % The Japanese naval success
unexpectedly produced a general firmness on
the Bourse here owing 10 the belief that II
foreshadows peace.
London, May 20 Operators on the stock
exchange were cheerful over the far eastern
news hoping that the battle might prove de-
cisive and lead to peace. Consoles went up
5.l6 and Japanese bonds rose from 2 to 8 10
points. In Russians no business was trans
acted. Nominally prices we're unchanged
Ordars from Paris forced The d rlces highec.