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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jan 28, 1916
Page
4
A Paris meeting of French chamber representatives plus British policy signals an alliance to curb German and Austrian trade during and after the war. Critics warn that deliberate economic suffocation could prolong conflict and threaten postwar peace.
The piece argues that gasoline costs surged not from demand or profits but from government actions led by the Supreme Court. It claims the dissolution of Standard Oil created 32 rivals, removing a price regulator and letting prices soar, with Rockefeller depicted as a beneficiary of government restraint.
The cotton market opened active and unsettled in New York trading with nearby months down 7 to 10 points to new lows. Later, prices steadied as May rose from 12.02 to 12.10 and October from 12.15 to 12.22. March 11.82 May 12.02 July 12.17 October 12.17 December 12.50.
New York traders attempted to extend yesterday's rally at today's session open with many stocks rising from fractional gains to over a point. The momentum faded as gains in war shares and oils faded on secondary offers. United States Steel climbed to 84 after an overnight advance, while Union Pacific and St. Paul weighed on rails, erasing earlier gains.
Active buying of commission houses and pit traders pushed wheat higher in Chicago. The session opened with a mixed start showing declines or slight gains, May futures at about 1.361 to 1.37 and July around 1.2674 to 1.274. Subsequent trading produced broad gains.
North State Telephone Co. President W H Ragan and Manager J F Hayden issue a denial of any consolidation move after a report in yesterday's paper. They say they did not meet Mr Spier in the city and no merger discussions are underway.
Reverend J M Hilliard left at noon to attend the Piedmont Baptist Association meeting in Franklinville from January 28 to 30. The program lists sermons, training sessions, missionary reports, and speakers including W R White J Clyde Turner N T Johnson A E Tate and others with topics on enlistment, Sunday school and B Y P U work.
An advertisement touts Wyeths Sage and Sulphur Compound as a home remedy to darken gray hair and restore natural color. It claims the tonic thickens hair, removes dandruff and scalp itch, and leaves a glossy, youthful look after one or two applications.
The sole municipal court matter, John Farley a one legged Black man, was cleared by Judge Dalton after Fox a white storekeeper testified. The judge doubted the state's witness and discharged Farley and Fox, who remained briefly before being escorted out. The session adjourned for Friday morning.
Frank Augustine, a Confederate veteran, is reported dead in New Bern after he fell or jumped from a hotel window. Authorities note he had recently attempted suicide by severing an artery in his neck and had just left hospital after recovering from his wound.
The Pomona high school basketball team will face the local squad at the armory on Saturday night. Locals promise stronger play after recent practice while aiming to avenge last week's loss to L. I. with a more prepared lineup.
Miss Venetia Smith hosts a showing of hats ribbons and laces tomorrow inviting ladies to attend for fashion accessories and styling ideas.
Mason ic notice states a called convocation of High Point chapter No 70 R A M Friday night January 28 at 7 30 o clock. Work in Mark Master degree.
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