AUSTRIA-HUNGARY (Francis Joseph)
A(Gal) s A(Rum); A(Rum) s A(Gal); F(Tri) - Ven (FAILED); A(Bud) s A(Ser); A(Ser) s A(Rum)

ENGLAND (Marquess o Salisbury)
F(Lpl) s F(ENG) - IRI; F(ENG) - IRI; F(Lon) - Wal; F(Nwy) s GERMAN F(Swe); A(StP) - Mos (FAILED)

FRANCE (Emile F Loubet)
F(IRI) - MAO; F(MAO) - Bre; A(Gas) - Bur; A(Pic) s A(Gas) - Bur; A(Par) s A(Gas) - Bur; A(Mun) s ITALIAN A(Ven) - Tyr (MISORDER, DISLODGED TO Sil)

GERMANY (Wilhelm II)
A(Bel) s A(Ruh) - Bur; A(Ruh) - Bur (FAILED); A(Kie) - Mun; A(Ber) s A(Kie) - Mun; A(War) s AUSTRIAN A(Gal) (CUT); F(Swe) s ENGLISH F(Nwy); F(Den) Stands

ITALY (Victor Emmanuel III)
F(ION) s F(Alb) - Gre (CUT); F(Alb) - Gre (FAILED); A(Apu) s A(Ven); A(Ven) s AUSTRIAN F(Tri) (MISORDER)

RUSSIA (Nicolas II)
A(Mos) Stands

TURKEY (Abd al-Hamid II)
F(AEG) - ION (FAILED); F(BLA) s F(Con) - Bul sc; F(Con) - Bul sc; A(Gre) s F(Con) - Bul sc (CUT); F(Sev) s AUSTRIAN A(Rum); A(Ukr) - War (FAILED)

Autumn 1903 Adjustments:
A: Rum, Tri, Bud, Ser, Vie = 5; No change.
E: Lpl, Nwy, StP, Edi, Lon = 5; No change.
F: Bre, Par, Por, Spa, Mar, -Mun = 5; Loses 1.
G: Bel, +Mun, Ber, War, Swe, Den, Hol, Kie = 8; Gains 1.
I: Ven, Tun, Nap, Rom = 4; No change.
R: Mos = 1; No change.
T: Bul, Gre, Sev, Ank, Con, Smy = 6; No change.

Builds/Disbands:
A: None.
E: None.
F: Removes A(Sil).
G: Builds A(Kie).
I: None.
R: None.
T: None.

PRESS

ALB: As for 'Admiral' III there are 118 players waiting to claim the 'Admiral of the European Fleets' so to those who have joined in, go on.

Spring 1904 deadline: 5pm GMT, 17th January 2007.