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Athens Messenger in Athens, Ohio

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Newspaper

Athens Messenger

Location

Athens, Ohio, United States of America

Date

Jan 20, 1931

Page

12

1931 Offers Opportunity

A 1931 outlook urges price cuts to fit 1931 pocketbooks and forecasts small but steady gains across autos, building, steel, and bonds. It stresses thrift, steady employment, and selective investing amid a deflationary period, with Ohio highlighted as a key economic center and opportunities for investors.

Ohio

Athens banks build record amid coal field slump

The piece discusses Athens economic resilience during the coal field depression, noting real estate values largely held firm while overall business and securities faced deflation. Economists project a gradual recovery and a brighter year ahead as deflation ends and prosperity returns.

Hocking Athens

Trade Recovery Gives Hope for Improvement

United States business declined through 1930 with deflation near rock bottom, sparking cautious optimism for 1931. Industry sectors such as steel auto oil rail mining and lumber ran at multi year lows, while prices fell amid widespread global gloom. The National City Bank notes that recovery depends on ending the current black mood, with hopes for improvement tied to prior prosperity.

United States Jean Soviet Russia Argentina Brazil India Abe Elmer C. Walzer United Press National City Bank Athens Indus Youngstown James A. Rowan Pittsburgh J. F. Hearst United Press Freau Detroit Derty Twe Motor Industry Europe America Orient R. H. Aton Ameri Railway Association M. H. Cahill Missouri-Kansas-Texas Road W. B. Storey Atchison, Topeka and Santa Railway System

Civic, Enter Prise Is Needed For Athens Growth

A 1931 vision urges Athens to expand housing and businesses to keep growth steady. Emphasizes Ohio University expansion, rail access, and a stronger retail sector to attract workers, housing, and manufacturers. Calls for parking, improved services, and public support to raise prosperity.

Athens Ohio University

Also Mentioned on This Page

Ralph B. Wilson N Tion New York Rupert Isham Rando Chicago
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