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Newspaper
Athens Messenger
Location
Athens, Ohio, United States of America
Date
Jan 19, 1932
Page
26
Reading shows a cluttered page with investor names and securities such as York lines, Pan-American Petroleum, Pacific, and Norfolk Southern. It catalogs prices, percentages, dates, and quantities for numerous stocks and bonds, interspersed with partial company names and financial figures.
B Roberta of the Athens Lumber Company says Athens prices and real estate values compare favorably to other communities. He notes the area weathered deflation with only small setbacks and foresees rising home construction and a shortage if activity does not increase. He advocates home ownership as a solid investment amid a favorable market outlook.
D A Bardia president of the Bardia Brothers Company argues Athens is not overbuilt and rents are holding up. He notes tenant properties pay a fair return and builders hesitate in a declining market, but expects values to advance after the depression ends.
J. M. Bohnen, secretary of the American Washing Machine Manufacturers Association, reports total sales in 1881 rose 4 percent as aggressive application of six principles boosted volume. The approach centers on stricter financial policies, product focus, tighter production supervision, and intensive advertising checks.
Luca T Weis, chairman of the National Steel Corporation, says inventories give the steel industry a weak position. He notes a 1960s decline in production and projects a normal stock level to meet a growing population in 1982 and beyond.
Chase National Bank of New York, the world's largest banking institution, lists eight directors on its board and shows strong attendance at directors' meetings. The bank holds a high share of firms with needs tinted in the New York Stock Exchange context.
Fragmented OCR text provides no coherent event or names to summarize into a valid news item. No readable facts beyond scattered phrases. Unable to identify persons, organizations, places, dates, or actions to craft a proper summary.
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