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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 27, 1916
Page
4
The American Bankers Association and allied groups call for 2016 as a thrift year urging 1 million new savers to boost deposits. They cite a $5 billion credit base and need for $37 to $38 billion yearly for internal development, railroads, and municipal projects while expanding foreign trade finance.
Concord Telephone company gains full local control, ending Southern Bell competition. Long distance service will be available to Concord China Grove and Kannapolis lines as Bell exits the local field. The move promises cheaper, unified service and aligns with Bell’s long distance policy.
Berlin January 13 The University of Berlin hosts lectures by the near east study society outlining Germany's post war trade plans in Turkey. Professor Junge warns against overoptimism and Russia’s past methods, urging Turkish autonomy, selective credits, and a Turkish‑led economy with protected markets and improved infrastructure.
New York traders watched a unsettled session with May at 12.26, July 12.37, October 12.59 after an early decline of 4 to 6 points and subsequent declines of 6 to 9 points from last night’s close. March 12.03, May 12.30, July 12.42, October 12.40, December 12.04.
New York trading opened with renewed recessionary sentiment. Rails led declines while United States Steel faced selling pressure. Erie Southern Pacific Missouri Pacific and Westinghouse saw sizable sales at 83 1 2 amid a 4 point drop, later recovering 1 4 point as metal issues fluctuated and secondary prices edged up on light turnover.
Chicago wheat futures weaken with opening prices 4 to 1% lower. May contracts fall to 1.4 to 1.36 and July to 1.25% to 126, then a rally and renewed decline follow amid ongoing profit taking by traders.
Joseph B. Upchurch of Raleigh saw his bail cut from 3000 to 500 after a car struck and killed Miss Clara May Wishart of Charlotte while biking. Officials say the accident appeared unavoidable and Upchurch remains under bond during investigation.
San Francisco January 27. Federal authorities ordered a theatre to remove lithographed posters promoting Canadian troops recruiting here. The management said the posters violated American neutrality laws and notified the recruiting bureau.
Russian general staff reports note night attacks where soldiers wore shirts over coats. Captain Berthold Walter explains the practice helps attackers distinguish friend from foe in darkness. Originated with the French as camisade from camisia. First camisade recorded at Poitiers in 1419. last noted at Liege storming under General vom Emmich.
A small house owned by the Standard Chair company and occupied by Jim Welborn caught fire Tuesday night around 10 oclock. Firemen responded quickly but the flames caused great damage before being controlled. Welborn lost practically all of his furniture.
A historical plea urging High Point residents to approve street bond issues to fund road and infrastructure upgrades. The author argues better streets boost commerce, reduce tire wear, and improve civic pride, comparing to Greensboro and Winston-Salem and proposing a $50,000 bond with two-thirds funded by property owners.
Dutch colonial observers warn of rising Japanese influence in the Dutch East Indies as imports from Japan triple in five years, aided by cheap labor and war-time shifts. Japanese stores multiply in Java while European merchants seek direct trade links to secure access amid Europe’s turmoil.
London doctors report promising results from a new Simpson light at St Bartholomew's hospital. The ultraviolet rich lamp targets skin diseases, eczema, lupus, and shrapnel wounds, with vapor aiding asthma. Long term permanence remains uncertain.
Special notice to High Point readers announces exclusive agency for Adler-i-ka a simple mixture of buckthorn bark glycerine and other ingredients claimed to cleanse the bowels. The ad says one spoonful relieves constipation and stomach symptoms with instant action and no griping.
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