Thank you for visiting SNEWPapers!
Sign up free
Story
September 23, 1932
The Ironton News
Ironton, Lawrence County, Ohio
What is this article about?
Local building, loan, and savings executives from multiple Ohio counties will meet in McArthur on September 27 to receive Home Loan Bank instructions and discuss reviving the construction industry to combat the depression. Speakers include state leaders; optimism for economic recovery noted.
Clipping
OCR Quality
98%
Excellent
Full Text
Building and Loan Executives To Meet At McArthur on 27th
The first step to bring back prosperity through a revival of the building construction industry will be taken by local building, loan and savings company executives Tuesday, September 27th, when they go to McArthur to receive instructions regarding the operation of the Home Loan Bank in the Ohio district, and to hear a discussion of present day building and loan problems by leaders in the building and loan movement.
In addition to local building and loan officers, representatives will be present from associations in Adams, Athens, Gallia, Highland, Hocking, Jackson, Lawrence, Meigs, Morgan, Pickaway, Pike, Ross, Scioto and Vinton counties.
The business session which is to be held at the Methodist Church, McArthur, will convene at noon, with J. P. Rizney, Chillicothe, district president, presiding. Speakers will include Fred W. Arnold, Bellefontaine, president of the Ohio Building Association League; James A. Devine and Don L. Tobin, Columbus, nationally known building and loan authorities.
In the call for the meeting local loan officers were told that the wave of hysteria in the financial world was over, that numerous indices indicates that business was improving and that the building and loan associations might expect a resumption of deposits as labor returns to work.
Similar meetings are being held throughout various sections of the state, to the end that the billion dollars of resources in Ohio building and loan companies may be thrown into the battle now being waged to defeat the depression.
In addition to Mr. Rizney, other officers of the district are James Moore, Waverly vice president, and W. C. Hazlebeck, Portsmouth, secretary.
The first step to bring back prosperity through a revival of the building construction industry will be taken by local building, loan and savings company executives Tuesday, September 27th, when they go to McArthur to receive instructions regarding the operation of the Home Loan Bank in the Ohio district, and to hear a discussion of present day building and loan problems by leaders in the building and loan movement.
In addition to local building and loan officers, representatives will be present from associations in Adams, Athens, Gallia, Highland, Hocking, Jackson, Lawrence, Meigs, Morgan, Pickaway, Pike, Ross, Scioto and Vinton counties.
The business session which is to be held at the Methodist Church, McArthur, will convene at noon, with J. P. Rizney, Chillicothe, district president, presiding. Speakers will include Fred W. Arnold, Bellefontaine, president of the Ohio Building Association League; James A. Devine and Don L. Tobin, Columbus, nationally known building and loan authorities.
In the call for the meeting local loan officers were told that the wave of hysteria in the financial world was over, that numerous indices indicates that business was improving and that the building and loan associations might expect a resumption of deposits as labor returns to work.
Similar meetings are being held throughout various sections of the state, to the end that the billion dollars of resources in Ohio building and loan companies may be thrown into the battle now being waged to defeat the depression.
In addition to Mr. Rizney, other officers of the district are James Moore, Waverly vice president, and W. C. Hazlebeck, Portsmouth, secretary.
What sub-type of article is it?
Meeting Announcement
Economic Conference
What themes does it cover?
Fortune Reversal
Triumph
What keywords are associated?
Building Loan Meeting
Home Loan Bank
Economic Recovery
Depression
Ohio Associations
Construction Revival
What entities or persons were involved?
J. P. Rizney
Fred W. Arnold
James A. Devine
Don L. Tobin
James Moore
W. C. Hazlebeck
Where did it happen?
Mcarthur, Ohio; Methodist Church, Mcarthur
Story Details
Key Persons
J. P. Rizney
Fred W. Arnold
James A. Devine
Don L. Tobin
James Moore
W. C. Hazlebeck
Location
Mcarthur, Ohio; Methodist Church, Mcarthur
Event Date
Tuesday, September 27th
Story Details
Executives from Ohio building and loan associations meet to learn about Home Loan Bank operations, discuss industry problems, and plan revival of construction to end depression; optimism for business improvement expressed.