davidaulloa/AmericanStories huggingface dataset:
Evening star., 1963-01-25
EhrgOtt Named
&PPresident
Over Protests

NEW YORK, Jan. 25 (AP) i.
John d. Ehrgott, 81, was
named president of the Great
Atlantic g. Pacific Tea Co. yes
terday and Immediately six
board members announced they
opposed the choice because of
Mr.. Ehrgott's age.
The conflict, apparently
growing for some time, was
between non-management di-
rectors named in 1868 and the
old-line management, whose
roots with the company go
back a half-century.
Mr.. Ehrgott replaced Ralph
w. Burger, 70, who resigned as
president but maintained his
titles of chairman and chief
executive officer of the COM
pany, the Nations largest food
chain.
Mr.. Ehrgott, who began work
with A6EP in 1917, had been
vice president and treasurer.
His assistant, Harold D. Hoag,
replaced him as treasurer.
The opposition group, made
up of executives or former exec
utives, said the best interests
Of the company required
younger men in the two top
management positions. but its
counsel declined to say what
further action, if any, would
be taken.
In another management
change the board announced
creation of three executive vice
presidencies, to be filled by
Stephen w. Shea of New York,
Melvin w. Alldredge of Pitts
burgh and Frank Bucher of
Detroit.
Evening star., 1963-01-25
Annex Firms
Are Urged 10
Supp|yDdtd

NEW YORK. Jan. rs (AP).
The president of the Ameri-
can Stock Exchange yesterday
urged companies whose stock
is traded on the exchange to
make available to the public
speedily and equitably" all
corporate information that
might affect trading prices.
In a letter to presidents OF
the companies, Edw D. Ether
ington said. "as a matter Of
routine procedure information
of this type should be issued
as quickly as circumstances
permit to as broad an aud
fence as possible on an i'm
mediate release or not held
basis"
An immediate release state
ment means it can be printed
or broadcast upon receipt.
Mr.. Etherington specified
that this procedure should take
in any financial data, corpo-
rate action or development
which might affect securities
values. This would include in
formation of the type COM
panies are required to file in
report to the Securities and Ex-
change Commission and the
Exchange, he said.
Mr.. Etherington told the
companies a policy Of releas-
ing important corporate news
whether favorable or unfav-
orable" would help supply in
vestors and potential investors
with necessary information to
prevent or curtail the spread of
rumors and would avoid tn,
creation of any unusual marke
activity.
An exchange spokesman ex
planned that the letter was q re,
statement of policy and moi
triggered by any specific in
cident related to any company.
Evening star., 1963-01-25
Arlington lst National
Eorninqs Rise 1851

First National Bank of Ar
lington finished 1862 with
after-taX net earnings of $210,-
662. a los per cent increase
from the previous year, stock
holders were told at their an
nual meeting earlier this week.
Per-share earnings were S7.55
for the year on 5000 more
shares than in 1861 when
earnings equaled $7.61 per
share.
Year-end deposits totaled
$2l, ,728,7l7. an increase of 1874
per cent from year-end deposits
for 1861. All directors and Of
facerS were reelected
Evening star., 1963-01-25
Northwestern Federal
Posts Healthy Gain

Northwestern Federal Savings
& Loan Association at l4l5 l
street NV, finished 1862 with
total resources Of S30.364, 900,
the association reported today.
The total was more than
double assets at the close Of
1858. and so per cent above
that OF five years ago. Rich
mond H. Gibson. president, re-
ported savings accounts totaled
$26.958.000 or nearly So million
gain in the year. First trust
loans totaled $25,377.000 at
year end.
Henry w. Herzog. Jesse H.
Powell and Charles r. Walker
have all been reelected as di-
rectors for three year terms. All
other officers and directors
were reelected.
Evening star., 1963-01-25

and declared a regular quarter
ly dividend of 36 cents per
share on common stock, pay
able March 20 to stockholders
of record March IA.
In its registration statement
filed today with the Securities
and Exchange Commission,
Pepco said 1t will spend an es-
timated 500 million in 1868 on
construction. Part Of the money
will come from the new bond
issue, and $18 million from
bank borrowings or sale of
more securities. i
The company noted that in
the l958-l962 period it had
made gross property additions
totaling some $240 million and
that a continuing construction
program was planned for the
next several years.
Directors announced that If
the stock split is approved,
they intend to consider in
creasing the quarterly dividend
of 20 cents per share on the
new basis after the split. This
would equal 40 cents per share
bn present stock, compared
with the 36-cent present divi-
dend.
Stockholders will meet April
Is at their annual meeting to
vote on the proposal, and the
measure is expected to pass
with a wide majority approval.
The proposal also is subject
20 approval by the District
Public Utilities Commission
and the State Corporation
Commission of Virginia.
PEPCO now has 10 million
authorized common shares
and some 8,577,000 currently
are outstanding. Stockholders
will be asked to approve an
increase to 80 million author
lied shares along with the
Split proposal.
Directors yesterday declared
the usual dividends of 81 cents
on $2.44 serial preferred stock,
6l12 cents on $2.46 preferred
series of 1858, and 36 cents on
common. The preferred divi-
dend is payable March l to
holders Of record February 4,
and the common dividend
March 80 to holders Of record
March 4.
Evening star., 1963-01-25
PhiIco Corp. Plans
OutIuy of $40 Million

PHILADELPHIA. Jan. 25
(AP).-The Philco Corp. an
nounced plans to spend $40 mil
lion to improve its facilities
and equipment during the next
four years.
Charles E. Beck, president,
said the program would include
divisions serving government
and industrial customers and
the Philco consumer products
division.
Evening star., 1963-01-25
BY DAVID BARNETT
North American Newspaper Alliance

The State Department is
getting steady stream of pro-
tests from foreign governments
about the tendency of State
and local governments to buy
American"
The Government can't do
much about it, although the
department did dispatch a
spokesman to the last meeting
of the National Association of
State Purchasing officials to
explain the trade agreement
obligations" of the United
States and to plead for a "rea-
sonable" policy of foreign ac-
cess to State contracts.
Because firsthand informa-
ton is spread out all over the
country. the magnitude of the
issues are hard to assess.
The potential. however, is in
dicated by figures presented
this week in the report of the
Presidents Council of Economic
Advisers. The report put the
total of new public construc-
ton by State and local units
at about $l4 billion last year.
Hard-tO-Measure Impact
The Federal Government has
a buy American" policy that
permits a domestic firm to get
an award from the Govern
ment with a bid 6 per cent
higher than that submitted by
a foreign supplier. If the do
mestic firm is in a labor sur
plus area, the domestic bid may
be II per cent higher.
In States and localities, how
ever. some of the buy Ameri-
can" regulations constitute an
outright ban on foreign pur-
chases, no matter what the cost
differential.
william Firoll of the State
Departments trade agreements
section, notes that the mass of
complicated State and local
laws and regulations makes it
almost impossible to measure
the overall effects.
In some States, the regula-
tionS exclude purchases even
from suppliers from OF he r
States in this country and vary
from item to item.
Possibly IL States, he says,
have relatively strong buy
American" policies. The tight
est are Massachusetts, Penn
sylvania, Texas, California,
Alabama and Washington.
Split Approach
Texas, for instance, was ac-
quiring about half of che steel
used in its highway program
from overseas until such pro-
curement was barred in 1861.
The Federal Government it.
self has somewhat of a split
Evening star., 1963-01-25
New NBW Branch
To Open in 90 Days

Approval for the National
Bank of Washington to open
a new branch at 806 Connecti-
cut avenue NV. has been
granted by the Controller of
the Currency.
The bank said today the new
office will open for business in
about 30 days. 1t is located
oiagonally across Lafayette
Square from the White House
and is opposite the United
States Chamber of Commerce
building.
Evening star., 1963-01-25
Earnings

Proctor g. Gamble Co. in 6
months ended December 81
earned s62,493.519 or S1.49 a
share VS.. s59,310.30l or sl.42
in 1861 period.
Intl. Harvester Credit in year
ended October 81 earned ST.
41l,744 or $l8.53 a share VS..
S7.876. .2O4 or $3.50 in 1861,
Colonial Stores in year ended
December 20 earned $4,032, 900
or 81 40 a share VS.. $3,578,082
or S1.24 in 1861.
u. S. Sugar in year ended
October 81 earned S3,969,09l or
$2.54 a share VS.. $3,290.874 or
S2.15 IN 1861.
n. Y. Central R.R. in year
ended December 81 had a loss
Of SO 835,538 VS.. a loss Of Sl2,-
549. .04s in 1861
Eagle-Picher Co. in year end
ed November 80 earned s3,444.-
074 or sl.70 a snare VS.. S2,6g3.-
037 or Sl.30 in 1851.
Allied Supermarkets in 6
months ended December %
earned $2,4l9.329 or so cents a
share VS.. $2,305,33l or 55 cents
in 1861 period.
Wickes Corp. in 6 months
ended December 81 earned So
296.65l or $i.25 a share vs.
2.09l ,83l or Sl.l6 in 1861
period.
Diamond Crystal Salt in 8
months ended December 81
earned sl.300,000 or Sill a
share VS.. $9l7.000 or So cents
In 1861 period.
Other earnings included.
Enr Naas EaAaa na.au.kaF n
Evening star., 1963-01-25
Gold Holds Steady

NEW YORK, Jan. 25 CAP) 49,
The Nations gold stockpile
held steady during the latest
statement week at Sl5.92s ,000,- =
900. the lowest since mid-l939
The outflow for the year TO
date totaled $50 million, all IN
the preceding week. and COM
pared with a loss Of $50 mil
lion at this time a year ago,
the Federal Reserve Board re-
ported.
Evening star., 1963-01-25
Hardware DispIov

A display Of more than 100
hardware products. chiefly In
garden supplies. will be shown
10 arra dealers Sunday through
Tuesdsy by Fetterman Hard
ware. Wholesale firm. AZ the
Presidential Arms. Sixty-five
manufacturers will have their
personnel on hand TO answer
queries at the event.
Evening star., 1963-01-25
BUSINESS
BRIEFS
Rail Freight Loadings in the

Rail Freight LOadings in the
week ended January 19 totaled
SOL ,957 cars, down 37% from
the previous week and down
500 from the like week a year
ago.--Assn. Of American Rail-
roads.
Delta Air Lines directors
voted a split in the form of a
so per cent stock dividend on
II million shares of common
stock, payable March 4 to hold
ers of record February 8.
Hercules Powder Co. an
nounced plans to lay off up to
one-third of the 3,200-man
work force at its Allegany bal
listics laboratory in Rocket
Center, w. Va.
General Motors Corp. an
nounced plans TO establish an
automotive parts plant in West
Berlin to begin production this
year.
Evening star., 1963-01-25
Contract Awarded

National Instrument Labora-
tories, Inc. Of Washington has
been awarded a $4,000 con-
tract from the Navy's Bureau
of Ships to provide meter
panels used in testing electric
equipment aboard ships.
Evening star., 1963-01-25
METALS

NEW YORK. Jan. 25 (APJ.-spot
nonferrous metal prices today: copper
81 cents a pound, Connecticut valley
Lead lOl2 cents a pound, New York
Zine ] "a cents a pound, East 81 Louis
Tin .l4I2 a pound, New York. Forelgn
silver ! l.256 per troy ounce, New York
Pittsburgh scrap steel No. l heavy
was quoted by Iron Age at 27.OO-2S. .00.
Evening star., 1963-01-25

features a swimming pool and
sun deck.
Architects for the motor inn
we're Wendell and John B. Hal
lett, and general contractor was
Donohoe Construction Co. The
chain operates II hotels and Is
motels in 90 cities.
Evening star., 1963-01-25
ODD-LOT TRADING

NEW YORK, Jan. 25 (AP) The
New York Stock Exchange reported to-
day these odd lot transactions BY
principal dealers for January "a pur-
chases OF 31g,703 shares. sales OF
3S5,209 shares including 1892 shares
sold short
Evening star., 1963-01-25
OVER COUNTER

Following prices furnished BY the Ma
tional Association Of Securities Dealers
in Washington represent the range within
which locally active securities could have
been bought or sold at ! pm. Friday,
January IS, 1858:
Evening star., 1963-01-25
PEPCO Proposes Split
OfStock Sale Of Bonds;
Higher Dividend Seen
BY TRUMAN TEMPLE
Star stuff Reporter

Directors of Potomac Electric proposed today
woforone split Of stock to be made effective about
April 49, and held out the possibility of increased dividend
in June.
directors also approved plans issue and sell at
petve bidding $50 million in 35year first mortgage bonds
Evening star., 1963-01-25
AMERICAN STOCK EXCHANGE
Sales High Low 2.oo Chg
Sales High Low 2:OO Chg.

INCLUDES MOST ACTIVE ISSUES
smbs Explained Following Exchnae List
Evening star., 1963-01-25
TREASURY BONDS

NEW YORK tApD Noon over the |
counter US. Government Treasury bonds.
Evening star., 1963-01-25

Texas, for instance, was ac-
quiring about half of che steel
used in its highway program
from overseas until such pro-
curement was barred in 1861.
The Federal Government it.
self has somewhat of a split
Evening star., 1963-01-25

GERS were reelected.
, 1963-05-27
VIRGIN ISLANDS. CORPORATION
OFFERS FOR SALE

Truck Tractors, Seni-Trailers, International Harves-
ter Cargo true, FordsontTractor, Farnall Tractor Far
mall Tractor with trencher, International Harvester Cub
Tractor Oliver Tractor, HOSTS with International Har-
vester Gasoline motor used for loading sugar cane,
.~truck-mounted crane, Link Belt Speeder with boom,
Tipping trailers and Army Cargo Trucks.
The above items may be seen at the Bethlehem
Factory Area, Bethlehem, St. Croix, Virgin Islands dur
ing working hours which are from 7:30 am. thru 4 pm.
Mondays thru Fridays.
Offers to purchase must be submitted on bid forms.
Copies OF bid forms may be obtained from our Main
Office at postal address, Christiansted, st. Croix, VI;
or personally by calling at the office at Golden Grove.
Sealed bids will be receivedup to 300 PM. June 8. 1868,
at the office at Golden Grove, and then publicly opened.
20, q. q. %, q. Is. q. %. %, 90 81.
, 1963-05-27
sTocK MARKET
More about 'the long pun"

There is ! vast difference between the professional and
occasional investor.
The professional looks upon his portfolio Ct stocks as a
merchant locks upon his inventory. He is quick TO note when
any items are NOT sellna. lie. MOVING in the direction he anil
cipated. He takes his small lcss quickly and releases his capital
for a more likely looking situation.
Not SO the occasional investor. He has BOUGHT a good. stock.
II must advance sooner or later. See he hangs on. Maybe. a
great deal later. il will advance. In the meantime his capital
is lied up. II is also possible that ii will NOT advance. the dvi-
dend will be cut or passed. There is always some good reason
for anticipated action not TO materializel
next. ..s,.
Advisory Consulting Account Operation
Box 2ss W. !. WILCOX christiansted
, 1963-05-27

AGRICULTURE TO THE FORE

OCTOBER seems a long way off, but it is BY no means
too soon to begin plans for the meeting Of the Caribbean Food
Crops Society. The meeting runs from October 8 through 10,
and brings together some of the most outstanding agricultur-
, 1963-05-27

OIODIlI OCCHIJ-W UI5 VJ -
too soon to begin plans for the meeting Of the Caribbean Food
Crops Society. The meeting runs from October 8 through 10,
and brings together some Of the most outstanding agicultur-
lists in these parts,
II is GOOD THAT St. Croix will receive the honor Of
playing host to the Societys first meeting, and every assurance
can be given that the visitors will find here the type Of hospi-
tality, warmth and understanding for which this place has
been known through the years,
Tut THERE is a side to the picture which, though not
on the surface, is perhaps the most important Of al. Agricul=
ture should have been one Of the most important Of our enter
prises in this Island. But. sorry to say, that has not been the
case. Had we taken agriculture seriously half a century ago,
we would now be producing fruits and food crops sufficient
to practically all our needs.
H IMPORTANCE OF Agriculture to any state, nation,
or island can never be oyer-estimated, for regardless OF what
else IS produced, no economy can possibly be stable which
cannot produce it's own food for its own people. With all the
rantings and ravings Of Communists as to the inevitable vic
torv Of their system, and the unusual advancementS made,
Russia, for example, is still not able to raise its agriculture to
its desired level.
PAST our emphasis has been on sugar cane, with
little, OF almost no attention to food crops, or anything else.
AS result we have suffered more than we can imagine. With
hotels. springing up all around and with touism on the rise,
this Island should have been ina position to provide over 80
percent of the food used.
u NEW JAYS coming. Time has forced upon us
a recognition Of the need to turn our attention to this highly
vital aspect of our economy. With an experiment station right
here, and leading the way, we shall develop and improve
breeds and varieties suited to our needs, and in time shall be-
come more selfsupporting,
WHEN THE SOCIETY meets here arrangements should
be made to include the greatest possible number OF citizens,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-01-10
AUTOMOBILES FOR SALE

FORD 81 sta. Was. white. good
8 VI, good tires, $3.50 or Best
offer Can 5s7.3537.
FORD 80 Falcon Fordor, all green,
auto. +; and h. A real clean
car. $1,O95.
PALMER FORD
HAMILTON ST. a. JAMESTOWN RID.
W. FAYETTEVILLE, Md, AP. LOLA
FORD '62 Fairlane Fordor, 1000
miles. o cyl, shift, $3.50. Must
sell. FE. 3-4SS4 after o pm,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-01-10


arctic white, auto, r, and h., ex.
oeptionally clean, $1,S0b.
PALMER FORD
HAMILTON ST. a. JAMESTOWN RID.
w. EVANSVILLE, MD, AP. T-0ll4
CHEVROLET 81 4-dr VS., Auto.
trans, r. and h.. air cond, Al
cond. Sale priced, SS45.
BILL PAGE FORD
6l9 Annandale Rd. At Arl. Blvd.
JE. s-i fHaI0 CHURCH J e. a.l424
CHEv. 81 ImpalA 4-door hdtp,, 4
peri. one.owner, slightly used
steer, Sl,9sS, bank fin KIRK
MOTORS, 1000 Ga. ave. ia. o.
$500.
CHEVROLET 80 Kineswood 9-pas-
senser station wagon, Has every
thing This sale only. 1885.
DEALER, ia. 6-5772.
choose f Hs Se sl 4r s GAVE, Fors %
Falcon-T- Bird, Corner Elm and
Arlington I'd. Bethesda. Nd. OIL.
b-S262,
CHEV. $50 sta. wag. cdr, over
G.m 80 Ssns NNtNNN "AN'' P"NN'
,, Ssi :, !, s :, '3.,. ,--,-,.--
since since new. Immse; $3.50. FLOOD
., 5 ~. =. IN W. - conn. ,----
CHEVY 81 4-door lmpala. Auto,
trans" and n ps2 snow, tires
mel. Less tnan IOW mi,
owner, 9..,OOO. can III. 6-2ls2,
CHEVROLET 80 BiscAyne 2-dr.,
66lO, ewes. VIII, 2.75Sl.
= JUSTINE CHEW
RoLET. $40 BALTIC. ave, on o. g.
in Hyattsyille, Md. WA, 7.7200.
;S5tt, e selisrs. down; $40 aib'' ss.
Rp 5S ssA M n, r4y-s hso5o OF MfVs'
:. 1A.NiI, . y. 9-fosu:
CHEVY III 49, TO choose from.
"V Snd rieS, eS tSr;s suyo on Ians"
tusi miles. 81. sos. '' ''OOO
ARLINGTON Ford
49, 80
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-01-10
PALMER FORD

CHEX. 81 Bel Air 2-dr. hardtop,
arctic white, auto T. e. and h. sx'
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-01-10

CHEVROLET SO 2.dr. hardtop,
Straight sss Aft. H. perfect S si1si.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-01-10

CHEW. $50 Bel AIR sedan u TO
choose FROM S1,245. CAVE, Ford
Faleon-T-Bird, Corner Elm and
Arlington I'd. Bethesda. Nd. OIL.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-01-10

CHEv. 'Bl Impala 4-door hdtp., 4
car. smooth VS., auto. and power
steer, 81 ,9SS, bank fin, KIRK
MOTORS, 1000 Ga, ave. ia. o.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-01-10

DODGE 81 Dart no" 2-dr. sedan,
Sl.S59 delivered. BANNING g.
son, $500 BALTIC. ave. Hyattsville.
Nd. 77n-1AnO.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-01-10

CHEVROLET 80 Kinsswood 9-pas-
Seneer station wagon. Has every
thing. This sale only, Sl,3gb.
DEALER, ia. b-5772.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-01-10

CHEVY 81 4-door Impala. Auto
trans T. and h., p.s,, snow tires
incl. Less than 1000 mi. 1
owner. $1,000 Call Ii. 6-2ls2.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-01-10

lM1,AMAaIIlLToN 81, 4 JAMEsToWN RD,
W, EVANSVILLE, MD, AP. 7-0l14
CHEVROLET '57 4-dr VS., auto.
trans. T, and h.. air cond, Al
DTT nANT1 YdAnn
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-01-10
AUTOMOBILES FOR SALE

CORVAIR 81 club coupe, r. and
b. looks and runs Ike new,
Sl,295, terms TO fit your budget
Before you buy, give US a try"
l. P STEUART CHRYSLER CITY
$500 Wis. Ave. EN- $4,000
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-01-10

CHEV, '5S 2-dr. VS.. Powergiide,
blk, Al 700 actual MI, new tires
and battery. Above average. $500.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-01-10

CHEVROLET 81 Impala 4-dr
hardtop, r. and h., auto. trans,
power steering and brakes, cruise
control, extra clean, 81 ,995. S1ah
On. $3.50 per mo. LEE d. BUT
LER, 1921 2lst st. NV. FE. z
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-01-10
STANDARD

CHRYSLER go 4-dr., beautiful
Fully Ss . tnrSp; oi si,4s rs l. ana H.
GENERAL CAR a. WAGON SALES
l7i7 Rhode Island ave. NE.
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-01-10

CHRYSLER '62 convertible, full
miles. white finish with red In
terror, cannot be told from new,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-01-10

CHEVROLET SO Bel Air VS. e-dr.
h,t, r and h, Powerglide. S575
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-01-10

6l9 Annandale Rd. at Arl. Blvd.
FALLS CHURCH. VA,
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-01-10
Arlington Ford

.la17 N. Moore ST. ia. 7-s7aO
CHEW. go black cony,, whit. TOP,
stk. shift. 34S eng. with 3 ducers,
excel. cond., pvt. owner, leaving
states. Lo. 7-49S2 after pm.
CHEVY '62 convert. red, $50 h.p.,
ESQ q Can II 10. E4. -SSioI!i IKE new 81
Evening star. [volume] (Washington, D.C.) 1854-1972, 1963-01-10
AUTOMOBILES FOR SALE
PAI.MER EORn

HAMILTON ST, a JAMESTOWN RID.
W. EVANSVILLE, MD, AP. 7.Oll4
The Nome nugget., 1963-08-21
Alaska Airlines Head Blasts Pan Am's New Alaska Service Schedule

SEATTLE Ri - Pan American AirWays has announced schedule changes to Honolulu and Alaska effective Sept. 29 - move that brought a critical statement from the president of Alaska Airlines.
 Pan Am will shift to an evening northbound jet departure from Seattle for Fairbanks. The flights will leave Seattle Tacoma at 7:3O pm, arriving at TAO pm. Fair banks time - due to the three hour time difference.
 Southbound flights will leave Fairbanks at midnight. M n r changes will be made in PAA's jet schedules to Ketchikan and Juneau.
 President Charles F. Willis Jr. of Alaska Airlines, which now has an evening departure for Fair banks from Seattle-Tacoma, issued a statement contending the PAA schedule change demonstrated a lack of concern for users in Fair banks and Seattle.
 Ut is difficult to justify two air carriers serving the Seattle-Fair- banks route to begin with" said Willis, but to have both of them race each other up and down the coast of Alaska at the same hour each day, splitting the very few passengers that are available, brings about a ridiculous situation in this market.
 Both carriers operate with very low passenger load factors turnout most of the year. This move by Pan American is dis-service to the people it is supposed to be serving. A choice of morning or evening departure was about the only advantage the public and the communities enjoyed by having two carriers serving that route.'