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Newspaper
Riverdale Pointer
Location
Riverdale, Illinois, United States of America
Date
Oct 25, 1962
Page
6
The PON POINTER reports Primatene tablets offered without prescription. The remedy combines three medicines in full prescription strength to open airways, reduce congestion, ease nervous tension, and relieve asthma spasms. Supposedly stops attacks in minutes with hours of relief. Stored as Primatene 98c at drugstores in New York and across states.
Thornridge students prepare for a busy Homecoming weekend with campus display judging, a pep assembly, and a football game against Kankakee Rays. Fireworks balloon blast, Fling dance, and crowning of the king and queen follow the game. A Mock United Nations will convene Saturday at 9 am in the Thornridge auditorium to discuss a Monroe Doctrine resolution with Thornridge students as delegates. Both meetings on October 27 and November 3 are open to the public.
Acme Steel announces the first phase of a four category plan totaling 178 million dollars aimed at expanding in the southeast Chicago industrial area. A new large cupola to replace older units will improve production, reduce costs by recycling gas, and meet rising demand. Completion expected late 1963 with continued progress contingent on market and financial conditions.
Edward J Williams, ACME Meet Company president, reports nine month results show improved finances with $8.469 million in debt reduction since 1961 and full repayment of long term credit. He notes sinking fund requirements met on debentures and preferred stock, plus $15 million refunded to an employee stock purchase fund. Outlook hints at a strong third quarter.
Dolton police recovered two guns after a burglary report by Santefoit of 15216 Heast End. Suspects fled west across the Calumet Expressway and were surrounded near 152nd and Blackstone. A police dog helped track three youths later found in a field south of 162nd Street, with two others captured near 95th and Southwest Highway.
The report notes a drop in third quarter sales compared with the prior quarter while earnings for the nine months are expected to exceed the full year 1961. The management cites rapid wear and depreciation effects and aims for stability as quarters move forward.
The annual Tri Hi-Y tea will be held Sunday November 4 at 2 pm in the Miller Room of the Hatey YMCA. All Shornton and Thornidge girls are invited to attend in Sunday best. no change in tea format.
Seventeen year old Sudberry was held on a $1000 bond and charged with burglary. Younger boys were taken to the Juvenile Home in connection with the case.
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