davidaulloa/AmericanStories huggingface dataset:
The Kenai Peninsula cheechako news. (Kenai, Alaska) 1960-1985, 1963-01-04
LEGAL NOTICE
CITY OF KENAI
NOTICE OF SPECIAL
ELECTION
WATER BONDS

"A special election snail be held
On 5th day of February 1868, in
and for the City of Kenai, Alas
"a, in the City Administration
at which the following
shall be submitted to
qualified electors:
PROPOSITION
Shall the City of Kenai, AL
aska, issue general obligation
bonds in an amount not to ex-
coed TWO H U N d r E d
THOUSAND DOLLARS
($200,000.OO) for the follow
ing purposes: For the con-
struction of water mains and
water distribution works
within the corporate limits
of the City of Kenai, includ-
ing acquisition of necessary
lands, appurtenances and in
stallation of all necessary
equipment, appliances, fiji
lures and all other appur-
tenances. All of said general
obligation bonds shall mature
in not to exceed Thirty 500
years from the date of issu-
ance and bear interest at a
rate not to exceed Six Per
Cent (6ao) per annum and
shall be payable both princi-
pal and interest out Of annual
tax levies to be made without
limitation as to rate or
amount, all as more speci-
fically provided in Resolution
No, So Of the City Of Kenai,
Alaska.
QUALIFICATIONS OF .ELEC-
'ORS: (a) Electors must be at
east Nineteen (19) years of age;
b. Electors must be citizens of
he United States and for at least
ne year Immediately preceding
aid, election, residents of the
tate Of Alaska, and for Thirty
3O) days Immediately preceding
ne election residents of the City
f Kenai, Alaska; (c) Electors
lust be able to speak or read the
'nglish language as prescribed
y law; (d) Electors must not be
aired from voting by any other
of the law; (e) Elec-
'rs must appear on the latest
ax assessment roll for the City
f Kenai. (f) Electors must be
egistered in the manner pre-
ribbed in Ordinance No. 3 of the
ity of Kenai.
REGISTRATION: .Regi S ira
on of electors shall be accom-
[ished daily, except Saturdays,
undays and holidays at the of
ce of the City Clerk, City Ad-
Illustration Building, Kenai, AL
ska from 900 Am. to 500 Pm.
ally. Registration shall be closed
days preceding said special
ection.
POLLS: The only designated
bling place for the special cleo
on for all qualified voters shall
; in the City Administration
uilding at Kenai, Alaska and
I'D polls shall be open for voting
ON 800 A. M. to 500 P. M. on
h day of February 1868.
Francis Torkilsen
City Clerk
lb. January 4. IL. IL. 1863
The Kenai Peninsula cheechako news. (Kenai, Alaska) 1960-1985, 1963-01-04

t-~-S' S""s"iS
(G G f!g !! !: 9: !!!!!!:i'
Vf1MM n the kenai Peninsula
CHEECHAkO NEWS-262-442o
KENAI ASSEMBLY OF GOD CHURCH Sunday School am
Morning worship Evening worship 1880 pm. Mid-week
Wednesday 1880 pm Pastor Mrs Carl S. Click
EAST KENAI CHURCH OF CHRIST meets 1885, Kenai SPUR
Sunday Study Morning Worship am
Evening Worship 600 Congregational singing Thursday
Bible Study 7:3O pm. Billy Joe interchangeable
DOWNTOWN CHURCH OF CHRIST Il block Fire HaD
Bible School am, Worship II 100 am, Evening pm
Midweek wednesday, 700 p.m Carl Zehrung, Minister
CHRISTIAN SCIENCE GROUP Sunday at II am in
building back of vera's Variety soldotna.
KENAI METHODIST CHuRcHchurch School $3.50 and wor-
ship Service 1045 Methodist Youth Fellowship Tuesday
$3.50 pm. John J. Shaffer pastor
CHRIST LUTHERAN CHURCH, soLDoTNA Sunday School
Worship Service II adult instruction class 10 am
pastors office Junior confirmation class 10
firmation Saturday Bible study Thursday evening"
7:30 Rev. Richard j. Turf, pastor
FIRST SOUTHERN BAPTIST MISSION each Sunday
10 II sodona Community Bldg Maurice Murdoc
interim pastor.
soLDoTNA BAPTIST CHURCH. the Sunday at 10 am
Morning Worship II Sunday evening service
Rev. Paul Weimer,
CATHOLIC CHURCH SUNDAY sCHEDULEs-s am and
9 Our Lady of the Angels church, Kena
wood Chapel Wildwood Station.
KENAI BIBLE CHURCH-sunday am; morning
worship HOO Sunday evening 1880 Prayer meeting
and Moody Bible Institute
Wednesday kenai Youth Fellowship 3O each Friday
Fred S. Crozer
CHURCH OF GOD Aspen Way
and bmkley Street, Soldotna Sunday School am. Morning
Worship II am Evangeistc Service pm Bible
Prayer 7:30 Wednesday, Willard Cowdel Pastor,
Sodotfa .
The Kenai Peninsula cheechako news. (Kenai, Alaska) 1960-1985, 1963-01-04

CHRISTIAN SCIENCE GROUP meets each Sunday II
building back of Veras Variety Soldotna
The Kenai Peninsula cheechako news. (Kenai, Alaska) 1960-1985, 1963-01-04

DOWNTOWN CHURCH CHRIST block from Kenai Fire Hal)
Bible School 945 Worship II 100 Evening pm
Mdweek Wednesday, ZOO pm. Carl Zehrung Minister.
The Kenai Peninsula cheechako news. (Kenai, Alaska) 1960-1985, 1963-01-04

KENAI METHODIST CHURCH-Church School Wor-
ship Service 1045 Methodist Youth Fellowship Tuesday
$3.50 pm John J. Shaffer,
Evening star., 1963-04-24

liam r. Divine, controller OF
Southern Railway, secretary,
and Edward w. Fawsett, con-
troller of The Evening Star
treasurer.
Elected directors we're Car
roll c. Pike, controller, Wash
ington Gas Light; w. Blake
Thompson, controller, Alle-
cheney Airlines; James H
Flanagan, vice president, con-
troller and treasurer, D. C
Transit System; Harold ]. Alt
house, treasurer, Peoples Drug
Stores, and Franklin A. Glib
bons, jr., vice president ano
controller, Riggs National Bank
Robert T. Borth. Washing
ton representative Of General
Electric, guest speaker, told
the financial officers that with
new labor legislation under
consideration Congress is vel
on its way to settling all issues
that previously have been set
tied by collective bargaining
Some day 1t may become a real
question what the union will
have left to bargain for, he de-
clared.
Evening star., 1963-04-24
FORD PROFIT DIPS
GIN Reports Today
On First Quarter

Cars. trucks and tractors
manufactured in foreign plants
rose from 244,433 to 3oe.497
units, while domestic output
dropped fractionally, from $685.
SIT vehicles to $50, 2,949.
But Ford said foreign earn
ings are suffering from heavy
expansion costs and added
taxes.
The company said its domes-
tic auto sales have improved
with the introduction Of its
1882 models in the first
quarter. Ford said its daily rate
Of new car sales in mid-April
was the highest ever for the
period. A preliminary total Of
50,830 sales indicated a daily
rate OF 5,648 for the April ll-20
period. compared with a record
5,402 in mid-April, 1855.
Records Sales Forecast
General Manager Lee Iacoc-
CO said sales for the month
apparently will be the highest
on record. beating the l4598S
Ford sales in April, 1855.
The only other auto COM
pany to report its first quarter
earnings was Chrysler, which
said last week 1t made 1862
million on sales Of $749.7 mil
lion. Studebaker will announce
its figure at its annual meeting
Thursday.
Evening star., 1963-04-24
New Bank Expects
To Open in June

The Commonwealth National
Bank expects to start opera
tions late in June upon COM
pletion Of a new building now
under construction at 3709 Co
lumbia pike, reported Joseph j
Mahoney, jr. interim president,
Mr.. Mahoney, who is vice
president of the mortgage
banking firm of Bogley, Hart
ing & Hight, Inc, said busi-
nessmen and residents of Ar
lington are being given pref
erence in the offering of 100,-
600 shares Of $40 par stock al
SIS a share. Proceeds will pro-
vide 81 million of capital stock
100000 of surplus and $780,
600 of undivided profits.
Three new directors have
been added to the board. They
are William D. Green, owner
Of Motel Fifty; Charles H
Yingling. consultant to the
Senate Foreign Relations Com
mittee, and Charles T. Lindsay
president Of Lindsay Oldsmo-
bile-Cadillac Co. and president
Of the National Capital Area
Automotive Trade Association
Evening star., 1963-04-24
TIMES REPORTS
81 MILLION LOSS
IN STRIKE PERIOD

NEW YORK (AP) The
New York Times Co. re-
ported yesterday it lost
$4,136,000 during the 1868
first quarter. when the
newspaper was shut down
by a strike.
In the comparable period
of last year the Times had
net income of $322,000.
Arthur Hays Sulzberger,
chairman, told stockhold-
ers at the annual meeting
that the deficit was due to
the strike, which closed the
Times from December 8 to
March 81.
"Our losses were high but
we were in a position to
meet them" Mr.. Sulz-
berger said. "At no time
were we required to COM
promise our position for fl
nancial reasons.
He said the Times has
consistently kept low our
circulation price and ad-
vertising costs" This, he
said. will permit such in
creases as may be neces-
sary Ito balance our budget
and earn the proper divi-
dendS."
Evening star., 1963-04-24

for banking careers and Is
affiliated with the District
Bankers Association.
Other officers nominated
without opposition are Donald
E. TillSon. Riggs National
first vice president; Raymond
Beaver, Suburban Trust Co.
second vice president; r. Ear
zaugg, Riggs, treasurer; Pa
tricia Greenan, American Ma
tional, secretary, and Margaret
Fitzpatrick, First National OF
Washington, assistant secretary
Two opposing candidates were
nominated for chief consul, q
position which traditionally
leads to the chapter presidency
They are James T. Seitzinger
assistant vice president, Alex
andria National, and Edward c.
Duncan, jr., assistant cashier
Old Dominion Bank.
Nominees for four two-year
terms on the board of trustees
are Charles E. Anderson, Ar
lington Trust; Ralph G.. Blasey,
jr., Bank Of Commerce; Clar-
ence E. Crawford, First National
of Southern Maryland; Ken
meth o. George, D. c. National:
George w. Hollar, National
Bank of Washington; w. Sam
uel Nisbet. First National OF
Washington; Freida w. Reyn-
olds, American Security Corp;
Joseph Richards III. Riggs Ma
tional; Warren P. Rothe, Sub.
urban Trust, and David o
Vollenreider, jr., Vienna Trust
Evening star., 1963-04-24
BY DONALD b. HADLEY
Star Financial Editor

Net income of Pargas, Inc,
Of Waldorf. Md. ""n''''''
growing bottled gas firm, was
$773,l74 in the II A,II. .a
ended March 81, increasing 65.9
per cent from $466, lao in the
previous IL months, it was an
nounced today by c. j. Meal
lister, board chairman.
Earnings were equal to 81 a
share, compared with so cents
a share in the preceding peri
cd.
Operating revenues of
$5,945,047 were 81 per cent
ahead of $3,787,600 in the
previous IL months. Net before
taxes was $1,459,074, up 68.3
per cent from $867,040.
Working capital amounted
to slightly less than ST. :!
lion on March 81, and the
ratio of current assets to cur
rent liabilities was 30 to /.
Pargas also announced the
acquisition Of four additional
companies with a combined
annual volume Of more than
100000. They are Seaboard
Gas Co.. in the Charleston
IS. c. area; Dix-O-Gas, Inc,
operating in two Western
Maryland and six West Vir-
ginia counties; Philotane Gas,
which serves a region around
Kingstree and Hemingway
S. c., and Abitibi Propane Gas
Co., Ltd, in northern Quebec
province. Canada.
Evening star., 1963-04-24
YOUR MONEYS WORTH
Behavior of Prices
Is Called Remarkable

The steel price increase GER
tainly will have some upward
influence on wholesale and re-
tail prices. But the contrast be-
tween the behavior of prices in
this business upturn and in the
previous business expansions
since World War II is remark
able.
In none of the previous up
turns since the war have prices
held as steady as during the
26 months of this expansion.
For the first time in the en-
tire postwar era, industrial
prices actually have Softened
during a business upswing. On
the second birthday of this ad-
vance in February, the Bureau
of Labor Statistics index OF
wholesale prices (other than
farm products and food) was
down 0.5 per cent. In contrast,
on the second birthday Of the
1949 advance, this wholesale
price index was up 14.6 per
cent.
For the first time, prices of
crude non-food materials have
been in almost a straight line.
On the second birthday Of the
l96l-63 advance, the BIS in
dex of crude non-food materials
Except fuel was up only 1.6
per cent, far below the increases
recorded at this stage of pre-
viouS postwar expansions.
The consumer price index has
climbed only 81 per cent dur
ing this period and this modest
rise has been due primarily to
rising costs of services and food.
Only in the 1954-55 business
advance was the rise in the
consumer price index smaller,
and that was due to an un-
usual weakening of food prices.
This table shows the price
behavior in the four postwar
business expansions:
What does the behavior OF
prices in this current business
expansion reflect? What does
1t mean?
1t reflects first the intense
competition for markets which
exists throughout the world to-
day. Fierce rivalry among busi-
ness at home and abroad has
been putting relentless pressure
on prices. The existence OF ex-
cess plant capacity in many in
dustries, the elimination Of
shortages and the consumer
Evening star., 1963-04-24
Pepsi-CoIo Declares
10-Cent Dividend

Directors Of Pepsi Cola Bot
ting Co. Of Washington yes
terday declared a cash dividend
Of 10 cents q share. first cash
distribution in more than a
decade, President. c. William
Martin, jr., announced.
News Of the dividend came
out with the 1862 annual re-
port to stockholders, which
listed record sales, far above
the previous year. along with
a substantial decline in net in
come because Of homecoming
expansion expenses.
The cash dividend Of 10 cents
a share will be paid from 1862
earnings, but cannot be con-
sidered q regular distribution.
About this time in 1859, 1860
and 1861, directors declared 5
per cent stock dividends. but
failed to do so last year be-
cause Of heavy costs Of expan-
sion. The last cash distribu-
tion, 8 cents a share, was paid
more than 10 years ago. Pres
ent management took over in
1854.
This years cash dividend
will be paid on June 10 TO
stockholders OF record at the
close on May 8. The ex-divi-
dend date will be May /.
Record sales Of $7,239, ,473
we're up 46 per cent from S5,-
030,046 In the previous year
and were more than double the
s3.340,559 In 1857.
Net income dropped to $780,
S6i or 80 cents q share before
taxes In 1862. compared with
1881 ,480 or so cents q share In
1851 and S225. .l04 or 80 cents a
Evening star., 1963-04-24

sports cars, such as the Tri-
umph Spitfire; (2) big luxury
sports cars, e.g., Jaguar; 80
small cars with novel features,
such as the MIG sports sedan's
crosswise engine, and a. ultra
luxury cars. such as Rolls Royce
and Daimler.
This product mix" carefully
avoids the standardized, mass
produced compact. 1t is aimed
at specialized markets. And
much of it, Mr.. Arculus pointed
Evening star., 1963-04-24

increasing price-quality aware
ness have worked constantly
against price increases.
1t underlines the extent to
which the inflationary boom
years Of the early postwar era
have faded. While you may
grumble that a 81 per cent
increase in the consumer price
index-which is the only meas
ure we have Of cost Of living
changes-hits your pocketbook,
this is hardly initiation. Prices
cannot hold absolutely steady.
What we have been experience
ing for a long time has been
extraordinary price steadiness
in all areas except services and,
as the above table shows, the
pace of the climb in service
costs has distinctly slowed.
1t highlights the profits
squeeze on so many Of Amer
ica's corporations, for while
they have been unable TO raise
prices, their labor bills have
continued to mount. Were 1t
not for the fact that recently
United Safes businessmen have
been making marked progress
in cutting costs and increasing
the efficiency Of their opera
tions. the profits squeeze would
be much worse than it is. In
cidentally, indicating the price
stability of all the commodities
consumers buy outside Of food
is that in the two years Of this
advance, this BIS index has
risen a tiny / per cent. In
l958-60, the rise was 2.5 per
cent.
And 1t emphasizes the fact
that even huge Federal budget
deficits and mounting Govern
ment debts don't set off infla-
tionary spirals against the sort
of economic background in our
country in recent years.
The danger Of renewed infla-
ton always will be inherent in
persistently and heavily unbal-
anced budgets. but Just as
the Eisenhower Administrators
srecord peacetime deficits didn't
Evening star., 1963-04-24
Peoples Life Votes
Stock Dividend

The directors of Peoples Life
Insurance Co. have declared a
stock dividend Of 5 per cent,
payable May % to stockhold-
ers Of record at the close on
April 30.
Stockholders will receive an
additional share for every 20
shares previously held and out
standing stock will be increased
by $4,000 shares to 1850, 900
shares.
The dividend was approved
previously by the stockholders
and the District superintend-
ent Of insurance. Fractional
shares will be issued with q
3o-day conversion privilege ex-
piring June %.
Evening star., 1963-04-24
KennedyBacks
Airline Policy
BY the Associated Press

President Kennedy has ap-
proved a civil aviation policy
report that would retain in
general the outlines of the
present United States position
in the international air net
work.
But there also would be
some notifications under the
policy set forth by an inter-
agency committee and ap-
proved yesterday by the Prcsi-
dent.
Notably, the report calls for
one United States company -
later identified by officials at
a press briefing as Pan Ameri-
can World Airways-to have
access to world markets ION a
scale comparable to that Of the
flag carriers or combinations
of carriers of other major
civil aviation powers.
The report says other United
States air lines should con-
tinue to be authorized to serve
one or more foreign areas in
competition with the major
United States world air line.
Officials said however, that
no other air line would be au-
thorized to compete with Pan
American on an around-the-
world basis.
This apparently would end
Trans World Airlines' chances
of becoming a worldwide car
rier by expanding into the
Pacific. TWA now competes
with Pan American in Europe.
Africa and India. Northwest
Airlines has routes across the
Pacific.
The report specifically steered
clear Of the proposed Pan
American-TWA merger.
Evening star., 1963-04-24
Allies Nominated
ALB Chapter Chief

Charles C. Allies, jr., assist
ant treasurer of American Sc
curity g. Trust Co., has been
nominated as unopposed can
didate for president of the
Washington Chapter Of the
American Institute of Banking
it was announced today.
The chapter trains men and
women of the Washington area
Evening star., 1963-04-24
American National
Merger Is Approved

Stockholders of American Ma
tional Bank and the Canton
National Bank Of Baltimore
yesterday approved merger OF
the two banks under the name
of the former. The directors
previously had approved a mer-
ger agreement. Merger plans
must be approved by the Con-
troller OF the Currency.
Evening star., 1963-04-24

out in an interview, lends itself
to the kind of fraternity that
England has always exported
with her product.
The club is largely an Eng
lish institution. Frenchmen,
having no translation for the
word, simply adopt it as is. And
as they have with yachts and
tennis, the British hung the
club mystique very early on
autos.
The club tradition started
with the MG many years ago"
said Malcolm Gale, commercial
counselor for the Embassy
Evening star., 1963-04-24

General Motors. biggest Of
the three automotive giants, is
due to report its first-quarter
earnings after the stock market
closes this afternoon.
Ford held the spotlight late
yesterday with an announce
ment that a rise in costs had
outStripped a rise in sales and
had resulted in a 5 per cent
dip in profits for the first 1863
quarter. Ford's net income for
the three months, the Associ-
ated Press reported, was 1921. 3
million, or $l.l0 a share. COM
pared with $l27.7 million, or
$l.l6 a share, last year.
Sales, bolstered by a 81 per
cent Jump by foreign automo-
tive subsidiaries, rose from
81 ,999, 100000 to a first-quarter
record of $2,094, 100000.
Cites Cost Factors
Henry Ford II, chairman,
said costs reflected continuing
increases in wage and salary
rates over the first quarter Of
1862 as a result of the annual
improvement factor increases
in September, 1862, and cost
living adjustments"
The improvement factor is
built into the company's con-
tract with the United Auto
Workers and provides a per-
centage increase each year to
match productivity.
Ford specifically noted that
although employment costs
have mounted each year, the
company has made no general
price increases on its United
States cars and trucks since the
fall of 1883"
No reference was made to the
increase in the price Of steel,
which came after the quarter
ended. Some observers have
felt this would bring a rise in
the price of cars in the 1864
model year starting this fall.
Foreign Output Rises
Ford said efforts to increase
the value Of its products land
consequently the product costs"
also affected the first quarter
earnings performance.
Evening star., 1963-04-24
British Plan an Auto Exhibit With Flair

land there are now many. such
as the Riley Club, Bentley
Owners Club, and a vintage
Rolls club. It's a tradition in
British motoring"
Unlike the United States,
which largely regarded the auto
as merely a means of transpor-
tation until postwar years,
England surrounded its cars
with games. Auto clubs held
treasure hunts, country rallies
and point-to-point trials test
ing a cars reliability over
country terrain, often ending in
a cookout and dance.
Image Is Exported
All this has been exported
as part Of the British car image.
1t is hard to imagine, for ex-
ample, the efficient Germans
making an annual ritual out of
obsolete, ludicrous autos, but
England has even amused the
world with this in its London
to-Brighton race" of antiques.
The latter celebrates the repeal
Of a hoary law in England that
once required every motor ve-
hicle to be preceded by a man
on foot, carrying a red flag.
There will be several new
models making their Washing
ton area debuts at the May 8
show. One is the Sunbeam Al
pine Gran TuriSmo. a luxurious
sports car with reclining seats,
oversize trunk and specialized
silencing equipment.
Another is the Hillman Super
Mink Deluxe, carrying an
American automatic transmits
sion. A third is a Sunbeam Sc
ries III sports tourer. similar to
the Alpine, but with a more
powerful engine and convert
ible top.
Why limit the shows attend
ance with special invitations?
Frankly, we just don't have
room for all Washington" one
official explained.
And then too, we think it's
nice to have a bit of Scotch to-
gether before looking at a car,
don't you?"
Evening star., 1963-04-24
By SYLVIA PORTER
BIS PRICE INDEX

revive the initiation threat. so
the Kennedy administrations
deficits won't revive the threat
until our economy is growing
a lot faster than it is now.
Distributed 1868 by The Hall
Syndicate, Inc, All Rights ReserVedD
Evening star., 1963-04-24
Porgos, Bother Of Gas,
Acquires 4 Companies,
Increases Earnings

share in 1857. Earnings after
taxes were equal to % cents a
share VS.. 80 cents a share in
1861 and % cents a share in
1857, Mr.. Martin said.
Evening star., 1963-04-24
Howzdy Is President
OF Finance Officers

John Howzdy, treasurer
controller of Aeronautical
Radio, Inc, was elected presi-
dent of the Washington
Chapter Of Financial Execu-
tives Institute, Inc, at the an
nual meeting at the Sheraton
Carlton Hotel last night.
Other new chapter officers
are Wayne Irwin, vice presi-
dent, Association Of American
Railroads, vice president; Will