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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Aug 18, 1916
Page
4
Classified stamp shows the paper as second class matter at the High Point post office under the March 3, 1872 act. Credits list J Prawley as business manager and WN Keener as managing editor along with Associated Press attribution.
The August 1 1916 report details the federal farm loan act and its plan to aid southern agriculture by enabling long term loans on farm mortgage security at reasonable rates. It describes twelve federal land banks and joint stock banks, loan limits, stock ownership by borrower associations, profit sharing, and interest caps not to exceed six percent.
Lester Pethal a Negro with prior road sentences was in Judge Dalton's court charged with breaking into the Cummings home at Willowbrook and Russell streets and stealing. He was convicted and sentenced to six months on the roads as police say he matches a spate of daylight burglaries. Mrs Cummings found 54 cents a scarf pin and a fan missing with about $50 in cash left untouched as Pethal claimed little to say and awaited tomorrow's possible additional charges.
New York August futures show cotton prices easing after early steadiness. Dec and Jan contracts slide as high cables fail to sustain gains while Texas rain prospects influence market mood. Prices range from August at 14.25 to May at 14.55 with December near 14.16.
A rush of buying orders pushed wheat prices up about 24 percent to 3 cents higher on the Chicago board of trade early today. Private reports of damage to the Canadian crop provided the impetus as September opened at 1.5 to 2 cents higher and traded to 1.425 percent.
On September 22 at 10 o clock the Carolina and Yadkin River Railroad Co will sell at public auction at their station to the highest bidder for freight and other charges a carload of lumber from Alcola South Carolina in A C L car No 37670 consigned to High Point Furniture Company some being refused by the consignee date of shipment December 15 1915. Staw 4w C. & Y. R. R. CO.
Abram Elkins recently named ambassador to Turkey sailed from New York aboard the Danish steamship Oscar II. He plans to reach his post via Berlin Vienna and Sofia in the weeks ahead.
The Demorest Stock Company staged another strong performance to a packed tent full of ladies with praise for the leading lady. Tonight they present Ten Nights in a Bar Room followed by Kit Carson as the western comedy drama. Peek's Bad Boy matinee is Saturday at 3 30 with doors opening at 3.00.
Paris reports via Temps that Germany has renewed its submarine campaign against merchant ships. The expert notes a February 10 German note claiming armed ships cannot be peaceful. It cites three days ago when the Italian ship Plata repelled submarine gunfire attacks.
Major William A. Oben chain Sr, longtime educator and former member of General Robert E. Lee's staff, died yesterday in Bowling Green Kentucky. The notice confirms his Civil War service and regional prominence.
Berlin hosts a new campaign led by Prof. Fuerster begun on August 18. The initiative centers on opposing hatred and promoting social harmony amid rising tensions.
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