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Newspaper
Athens Messenger
Location
Athens, Ohio, United States of America
Date
Jan 16, 1957
Page
8
A Pomeroy banker explains how the Federal Reserve System operates, detailing its structure, functions, and the mechanisms behind monetary policy. The analysis covers the role of regional banks, the Fed’s board, and how decisions influence interest rates and economic conditions.
Edison Hobstetter, president of Pomeroy National Bank and former Ohio bankers leader, spoke at Nelsonville Rotary about the Federal Reserve System. He detailed district structure, operations in Cleveland, and mechanisms like reserve requirements, open market operations, and the discount rate set at 3 percent.
Nelsonville city school board met Monday night hindered by funds and lack of architect plans. Superintendent Lloyd C. Gray reported no reply from architect Joseph Baker of Newark and unknown progress on preliminary sketches. The board set a January 25 meeting at the new elementary school and approved temporary appropriations to cover outstanding lunch bills, while hoping to pay teachers per the salary schedule starting January 1 and preserve funds for other program phases.
George C. Thornton 84, of Oak Grove, a native of Athens County, passed away after an extended illness. Survived by widow Elizabeth, three daughters Garnet Thornton Nelsonville Glayds Reyther Germantown Blanche Cona way Columbus, brother Frank Athens, sisters Lillian Eckels Maude Metcalf Tampa, two grandchildren and two great grandchildren. Funeral Saturday at 1 p.m. Oak Grove Church with Rev. William Brown. Burial Clarks Chapel Cemetery. Friends may call Johnson funeral home until noon Thursday and then at residence.
The remodeled People's Bank Company of Nelsonville drew publicity in Ohio Banker issues. An October feature noted the reopening during the Parade of the Hills and weekend open house attracting thousands. A November page ad by Wendell August Forge Co. of Grove City, Pa. showcased the bank’s before and after interiors.
Nelsonville group of the CWF met at Jenny Sanders home with Mae Streets presiding. Devotions by Sarah Morrison focused on The Light We Walk In. February meeting set at Helen Mechem home with Verna Hand planning. Everyready Circle of WSCS met at Mrs Ray Elliott home for This Is My Fathers World devotion and Evangelism in a Changing World program. Doughnut sale planned for Jan 18 and a prize contest winners announced.
Valley Temple 137 elected officers including Mrs. Blanche Lee MEC and Mrs. Myrtle Linscott senior. Plans for a hamburger supper Tuesday Jan 22 at 6 p.m. and a cleanup evening were announced, with installation set for Jan 24 led by Miss Catherine Herrold and Mrs. Cheeseman.
The Mary and Martha Group of the Christian Church will meet at 8 p.m. Thursday in the home of Mrs. Jeannette Barber on E Franklin Street.
Edith Campbell spent time with Martha Erwin in Logan. Nora Crothers and grandsons Kenny and Jerry Chaffin joined Sgt 1st Class Samuel Vancuren and his wife at Edward Jones home. The Vancurens and their sons Jackie and Sammy visited Nora Crothers. They lived three years in Germany and Austria. Crothers has son Morton Vancuren in the Air Force in the Philippines. Campbell and Crothers recently visited Nelsonville.
The American Legion in Nelsonville will host a chili dinner on Friday from 6 to 10 p.m. at the Legion Home. The event is open to members and invited guests.
Miss Adeline Ray of 2956 Neil Ave Columbus a former Nelsonville resident will receive a 30 year emblem this month from the Ohio Bell Telephone Co She is an interviewer with the firm.
York Grange will meet Friday at 8 p.m. in the Grange Hall. The serving committee includes Mr and Mrs Edward Howard Mr and Mrs Russell Adams Mrs Bessie Warehime Mrs Jessie Duncan and Russell Wickliffe.
The Haymakers plan an oyster supper tonight at 7 p m in Red Men's Hall. Proceeds aid members of the Mohawk tribe of Athens and the Kill Eagle tribe of Nelsonville.
Births include a daughter for Mr. and Mrs. Denver Millican Jr of Nelsonville and a son for Mr. and Mrs Billy J Powell of Nelsonville Route 1. Admitted patients include Blanche Snyder New Straitsville Nancy Bauer Buchtel Hannah Brookins Athens Ben Hooper Glouster Doris Shutts Nelsonville Route 2 Thomas Reese Glouster Patrick Stanton New Lexington. Dismissals include Lewis George Glouster Route Earl Hanning Nelsonville Route 1 Kenneth Darby Glouster Route 3 Miss Betty Parry Nelsonville Norman Wolfe New Lexington Mrs Jennie McLain Shawnee Edward Conley Nelsonville Route 1 Mrs Stella Abram New Lexington Route 1 John Wesney Congo Walter Wilk Logan Mrs Marjorie Neff New Lexington Route 2.
Paul Parks spent a weekend visiting in Nelsonville. He is brother of Ralph Parks and Mrs. Doris Pergrin and is stationed in Washington D C with the Voice of America.
GLOUSTER The Kiwanis Club plans its March of Dimes drive on High Street January 26 starting at 9 a.m. Kiwanis and Key Club volunteers will work in relays with a public address system and a drum container for contributions. Donations accepted until 9 p.m. The club has sponsored this project for years and reported a 1956 net of 558.73 from the Hillbilly show and a public auction to aid underprivileged children. Disbursements in Trimble Township totaled 652.78 for glasses shoes school lunches nurse training and other needs. Eighteen members attended with Austin Wiley as a guest and Larry Colbert and Dan Teaters present.
A Glouster society event honored Mrs. Yvonne Keith with a stork shower hosted by Miss Susan Jan chius, Marianne Demechak, and Nancy Lemoine. Guests included Carolyn Hunter and Janice Keith among others who enjoyed refreshments. Ellen Markins sent a gift but could not attend. Margaret McCoy wed Francis King at 9 o clock mass at Holy Cross Church with Rev. Fr. Anthony Nickel officiating. The gown was pink with black accessories. Ellen Shaffer wore white and blue with pink carnations. Richard Burdette served as best man. A reception followed at the Shaffer home on Atkins Street.
The Chit Chat Club met at Mrs. Robert Gamwell home with co host Mrs. Arthur Moore. New officers were elected including Dora Parker as president and Mrs. Robert Jewell as secretary. Prizes went to Wanda Trace Shirley Sayre and Charlene Milhoan. The group voted to donate 5 to the March of Dimes and sponsor the Blue Crutch sale on January 19. Light lunch was served to 11 members.
John Henry Jarvis 81 died after a lengthy illness in Willshire Ohio. Survived by son Thomas Girard daughter Mrs Sarah Myers Willshire two grandchildren and three great grandchildren and sister Mrs Margaret Durst Athens. Friends may call at Norbert W Johnston funeral home after 6 p m Thursday. Services Friday at 1 p m at the funeral home with Rev J Anthony Bosco officiating. Burial at Maplewood Cemetery.
Alonzo Traugh 80 of Nelsonville Route 2 died Tuesday evening at St. Anthony's Hospital Columbus after 10 days of treatment. He was a retired coal miner of Kimberly Coal Mine. Survived by wife Rosa children Guy John three daughters two sons a brother and a sister and 13 grandchildren. Funeral arrangements by Johnson funeral home incomplete.
Chris Wolfe Jr. returns home after a week in Chicago tending the furniture mart.
The Jacksonville Trimble PTO will meet Thursday at 1 p.m. in the school building in Jacksonville. Cookies and coffee will be served.
The American Legion Auxiliary will meet in the legion hall on Thursday at 7 30 p m A program will be presented and a lunch served So residents and members are invited to attend and participate in the session
The Loyal Women's Class of the Church of Christ will meet at the home of Mrs. Kate Vaughn with Mrs. Irma Norton as co hostess on Friday at 7 30 p.m.
If road conditions worsen the Trimble Township Jaycees meeting moves to the mayor's office at 7 p.m today from the Sportsman's Club at Lake Burr Oak.
A prayer meeting of the Glouster Methodist church will be held this evening at 7 o'clock at the home of Mrs Essa Cairelli.
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