It appears to fly off into the distance, then plummet. I dare say cannonball flights look much the same, viewed from the cannon.
Cannonballs weigh a lot more than golf balls relative to air resistance. More importantly much of the phenonemon you describe is due to the Magnus effect. That is, when you hit a golf ball with a golf club you impart a whole lot of backspin which allows the ball to maintain elevation beyond that of a pure parabolic arc. As far as I know cannons do not consistently impart backspin on their projectiles.
Cannonballs weigh a lot more than golf balls relative to air resistance.
Let's look at the numbers.
Cannonballs are a lot bigger and go a lot faster than golfballs, and resistance is proportional to the square of velocity and to the cross-sectional area, hence drag deceleration is proportional to (vel*diam)^2 / mass.
Cannonball (example): 590mph, 20 pounds, 5.5in diameter, giving ((263*0.14)^2) / 9.09 = 149.
Golfball: initial speed 70 m/s, diameter 1.68in, mass 1.62oz, giving in SI units a deceleration proportional to ((70*0.0426)^2) / 0.046 = 193.
So there'...
I'm reading a popular science encyclopedia now, particularly chapters about the history of physics. The chapter goes on to evaluate the development of the concept of kinetic energy, starting with Aristotle's (grossly incorrect) explanation of a flying arrow saying that it's kept in motion by the air behind it, and then continuing to medieval impetus theory. Added: The picture below illustrates the trajectory of a flying cannonball as described by Albert of Saxony.
While this model is closer to reality than the original prediction, I still cannot help but think... How could they deviate from observations so strongly?
Yes, yes, hindsight bias.
But if you launch a stream of water out of a slanted tube or sleeve, even if you know nothing about paraboles, you can observe that the curve it follows in the air is symmetrical. Balls such as those used for games would visibly not produce curves like depicted.
Perhaps the idea of verifying theories with experiments was only beginning to coalesce at that time, but what kind of possible thought process could lead one to publish theories so grossly out of touch with everyday observations, even those that you see without making any explicit experiments? Did the authors think something along the lines of "Well, reality should behave this way, and if it doesn't, it's its own fault"?