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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Jun 27, 1916
Page
4
Greensboro writer A W McAlister lauds Asheville for preventive municipal methods across fire, health and government. He notes parks, reform and training facilities, eight kindergartens, a new $260000 fire proof high school bond, a city hospital, and a campaign to eliminate surface closets as examples of efficient governance.
The Chautauqua season starts today and runs seven days as a combined educational and entertainment event. Citizens are urged to treat the week as a semi holiday and give full support to committees who strive for a successful program. The Gate City Chamber of Commerce promotes the event with a pictorial folder. The piece also notes regional political thoughts and a Birmingham Ledger remark on public figures.
The cotton market opened in an unsettled tone with July through December futures showing varied moves. After a nervous start with prices down to five points and then up to two points, the market steadied and July traded near the prior close while other months exhibited modest gains. July at 13.10, October 13.22, December 15.40, January 13.47, March 13.62.
The Associated Press reports stocks opened under pressure with declines outnumbering gains. Major losses hit Texas Company American Can United States Smelting United States Fruit and Mexican Motors, while Mexican California Petroleum Industrial Alcohol and Crecible Steel posted advances. United States Steel dipped then recovered briefly before easing again. rails showed a notable rise.
The Commercial National Bank mailed dividend checks to stockholders for the 49th semiannual distribution due July 1. The 5 percent dividend, declared January 1 and July 1, totaled 7500 dollars. Since organization, dividends reach 20500 dollars with surplus and profits exceeding capital.
Regular meeting of O. KE. S scheduled for Tuesday at 7 o'clock.
Improved wheat values push futures higher as leading specialties buy freely. Opening prices gain from nominal to percent figures with July at 1.01 to 1.02, then another advance followed by a moderate reaction.
Congressman Webb chairman of the judiciary committee travels to New York to supervise the case against District Attorney H Snowden Marshall. Speaker Clark and House leaders authorize Webb to supervise proceedings and hire counsel after a habeas writ and arrest resistance reported from New York.
Memorial services in the hall of the Daughters of the American Revolution honored Yuan Shikai the late President of the Chinese republic. President Wilson and many cabinet members plus most of the diplomatic corps attended. The event was organized by Dr. Wellington Koo the Chinese minister as part of worldwide observances with China’s diplomats and the Peking funeral proceeding.
South Carolina mobilization ends with two infantry regiments and a cavalry troop arriving at the state camp near Columbia. Governor Manning visited the camp, as the National Guard completes border duty deployment.
Adjutant General Sale announced Virginia troops including the first and second infantries the first battalion field artillery and hospital corps will move from Richmond to the Mexican border on Wednesday night or Thursday morning with mobilization underway.
Mrs J B Whittaker of McIvuiff Virginia credits Black-Draught with easing her family’s sick headache and stomach trouble. The vegetable remedy is said to regulate weak stomachs, aid digestion, and relieve nausea and indigestion, with over 70 years of use and more than a million benefited. Price 25 cents at local druggists. NC 123
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