GAMBLING IN WHEAT.

Horowhenua Chronicle, 11 August 1916, Page 3

GAMBLING IN WHEAT.

Tiled l. is exciteiuuiiL iii Liit' wheat yn, consequent, oix the Government report that the yield for lyiU 111 the United States will be 3-58, 000,000 bushels Its# than in 1915, also of the spread of black rust in Canada. Fortunes were made and lotst in a lew hours. Heavy foreign buying shot the prices upwards and. the day's not gain was lljj cento per bushel.. The closing prices for September' options were 144J and for -December 14a. FIFTH G KRAI AX WAR JUOAN. Copenhagen, August 10. The Uerliner Tagebiutt states that tlie fifth German war loan is issuing in September, ajid probably will be from Z00,000,000 to 1,000,000,000 sterling. (Received This Day \)A a.m.) LORD DERBY'S VIEW'S. .New York, Aug. 10. Lord Derby, in ail interview Willi aii .vinei'iean siateu luaL llie All.its were drawing cue iron ring aiouiut tlio enemy uglitoi 1 every day. The Germans will be pounded, uown mil:. Lliey break under the .strain. The war must result in a victory lor Hie

Allies. They now have the Germans wliere they cannot swing men iruin one front to another; they arc forced oil tlie defensive everywhere, endeavouring to keep their line inWct, and have not u man to spare anywhere. The ground the Allies have gained, will never be lost. We will keep tiring the Austro-Germans, killing their men until they are bound to give up. All portents show that day is not far distant when Germany must crumble. Her armies cannot survive the pressure.

'I'HJS EXPLOSION liN THE FMVrJ. STATES. The poiiee axe investigating iuforniation indicating that the explosion on the 'iOtli of August wya the work of Genuan plotters, who were trying to prevent a (shipment of munitions. Another letter has been discovered fallowing that tlie explosion wrecking explosives and vessels at Seattle e'ariy in 1915 was the work of Germans. The letter was found in the mail going to Germany. The writer 6ays :—■ "I disappeared from Seattle suddenly because I helped in sending to the bottom of the harbour a shipment of explosives for the Russians. I would not hesitate to do the same again."' The Federal authorities are inrestigating.