Abstract: Caliper type bicycle brakes for the front and rear wheel are actuated simultaneously by a single actuator assembly mounted adjacent the handlebar. Hydraulic fluid under pressure is delivered to the brakes through two self-contained hydraulic circuits, one for the front brake and one for the rear brake. The brake system includes a device for applying a greater braking force at the front wheel than at the rear wheel. In an alternate embodiment the brake system is actuated by the chain drive system of the bicycle. Improved brake shoe elements and a device for wiping water from the wheel rim for enhanced wet weather braking are also disclosed.