VICTORY AS SEEN IN AMERICA.

Rangitikei Advocate and Manawatu Argus, Volume XLI, Issue 11644, 11 August 1916, Page 5

VICTORY AS SEEN IN AMERICA.

SEVERE BLOW TO AUSTRIA. AUSTRIAN LACK OF MEN. Washington, August 10. The newspapers give prominence to the capture of Gorizia. They describe it ns a great Italian victory and a severe blow to Austria. Some are of opinion that the Austrians will be compelled to weaken their force at Gorizia' in order to hold other fronts. AN AUSTRIAN REPORT. Rome, August 10, An Austrian communique Says:— A fierce battle at Gorizia continues. A few detachments of the enemy reached the town. We repulsed an Italian attack on San Michel and San Martino. ROUT OP AUSTRIANS. LEAVING IMPEDIMENTA BEHIND. PURSUIT BY ITALIAN CAVALRY. Rome, August 9. Official. —The Austrians were completely routed at Gorizia. They abandoned, large quantities of war material. Cavalry pursued them beyond the Isouzo.

GOOD AMERICAN CUSTOMERS. CJ7 wTiS FOR PURCHASE 'OF MUNITIONS HUGE CREDITS IN AMERICA. Reuter. New York, August 10. Further huge American credits have been made for the purchase of munitions for the Allies. Mr Pierpout Morgan is arranging for a loan of fifty millions sterling to Britain and ten millions to Russia, making a total of 800 millions since the war commenced. THE WAR IN AFRICA. GERMANS ABANDON POSITION. RETREATING BEFORE THE BELGIANS. London, August 10. The Germans in Bast Africa abandoned positions at Mariahlf. The north-western area of the colony is now free from all enemy forces. The enemy is retreating towards Thora, the Belgians closely pursuing, WHEAT PIT INSANITY, REPORTS OF WHEAT SHORTAGE. CAUSE GREAT TURMOIL. Australian and N.Z. Cable Association, Received August 11, .9 a.m. New York, August 10, Tnere was intense excitement in the Chicago Wheat Pit consequent oh the Government report that the 1916 yield of the United States would T,e 358 million bushels less than in iqlo, and also of the spread of black r U st in Canada. Fortunes were ma de and lost iu a few hours. Heavy lore's 13 buying shot up prices and Hie d«}’’ s net gain amounted to 11% per bushel. The closing prices re for September options 144%, D e CO iuber 148. DARDANELLES COMMISSION. Reuter. London, August 9. Justice Pickford has been added to the Dardanelles Commission.