Alaska Steamship Co. Releases Report
On Interim Agreement Operation
The Alaska Steamship Company
recently released cost figures on
the “Interim Agreement” opera
tion together with detailed infor
mation concerning the elements of
the agreement in a report to its
agents.
Mr. W. R. Wood, local company
agent commenting on the release,
said, “Admiral F. A. Zeusler, our
executive assistant to the presi
dent, clearly presented the reason
ing behind this release when he
said ‘The problm of Alaska ship
ping is one of the most frequently
discussed subjects in the Territory.
The subject itself is highly com
plex in nature and as a conse
quence the facts are often misun
derstood or distorted. The result
.is that Alaskans sometimes find
themselves confused in a maze of
various charges and rumors con
cerning this problem which is very
close to their daily life’.”
To clarify the profit picture for
the period of the Interim Agree
ment the following chart was pre
pared, showing disbursements of
the total Interim operating reven
ue of $13,254,827, realized from
May 1, 1947 through December 31,
1948. The months following the
termination date of the Interim
Agreement, June 30. 1948, are in
cluded for those vessel voyages be
gun before that date, but because
of the longshore strike, not com
pleted until the end of December.
Referring to the report, Mr.
Wood said, “Although 10 percent
profit, before taxes, was authorized
under the agreement, we earned
but 6.3 per cent.”
“Another point that is not gen
erally realized,” he continued, “is
that The Alaska Line is not re
ceiving any help from the govern- I
ment whatsoever at this time and
hasn’t been since the termination
of the last voyage under the Inter
im Agreement. The fact that the
Congress passed legislation per
mitting the extension of the agree
ment has confused many into
thinking that it was extended. Ac- j
tually, the Maritime Commission
did not choose to extend the plan,
so it was terminated June 30,
1948."
“Since that time the Alaska 1
Steamship Company has not only
operated on a strictly private bu- j
sis,” Mr. Wood pointed out, “but |
has added two units to its private- ;
ly owned fleet—the MS. Terminal 1
Knot and the SS. Chief Washakie.
Now we have seven of our own
vessels and eleven chartered ves
sels serving Alaska.”
“With 50 years experience meet
ing the shipping needs of all the
Territory with complete transpor
tation service—passenger, freight,
mail, express, refrigeration and
heavy equipment-handling facili
ties—we look forward to years of
even greater service to the expand
ing needs of a prosperous, progress
ing Alaska.”
HE T VOYAGE PROF ll
faint Fadatol laaai (and
btaamaii lea Kail amuranca
a.c.-«.3 -
TAXES,
C**ha• aKan Fadaial l.b —
ADVERTISING _ .4 -J
OVERHEAD *\
E nacat• *4 Salaaaaa .T J * ^
INACTIVE vessel 1.
I EXPENSES_ 3.? —
BROKERAGE AND OTHER
VOYAGE EXPENSES_J —
VESSEL EXPENSES
" *«qat-- ... 26 0
~ SuL%nt«n<«__ 8.4
- St»f«t 4 Sug^litt ___ 4.3
- _ 6 3
- Ewal - 7.3
- Intvranca (P.&l. and ethafft)
- 0*a*ta* Hi»a. and *tU» <aual
-PORI EXPENSES_ 1.8
CARGO E XPENSES_ 21.4
♦ Stavadr».oq, ate.)
i
ARCTIC OIL DELIVERY
Phone—Shop: Black 76 — Residence: Main 52
WE CHECK YOUR TANK REGULARLY
Ben Young
SERVICE CLEANERS
4th and B Streets—Opposite School House
QUALITY DRY CLEANING A SPECIALTY
Mr. and Mrs. Carl Mickelson, Props.
Prompt and Courteous Service
Phone RED 96
BERING SEA CLUB
» i 1 f ; *•«.*• * » * •
Announcing
POOL TABLES
SNOOKER TABLE
SIIUFFLEBQARD
Come In and Play
9
5 Percenter Probe
Retires 1 General;
Restores 1 To Duty
WASHINGTON, (/P)—The army
said Saturday that one of two gen
erals who figured in the Senate’s
"five percenter” investigation will
be restored to active duty and the
other will be retired.
Scretary of the army Gray an
nounced these actions:
The application of Maj. Gen. Al
den H. Waitt, suspended chief
of the army’s chemical corps, for
retirement will be approved.
Maj. Gen. Herman Feldman was
restored to his post as quarter
master general of the army effec
tive Saturday.
Gray suspended the two officers
on July 16, pending outcome of a
Senate sub-committee investiga
tion of the charges of influence in
government buying .
Both men subsequnetlv testified
before the committee with regard
to reports linking their names with
that of James V. Hunt, a key fig
ure in the inquiry into activities
of five percenters — persons who
collect a fee for helping business
men obtain government contracts.
As for Waitt, Gray said: "I have
found no evidence of dishonesty or
conduct justifying trial by court
martial.”
Gray said Feldman hod commit
ted “errors of judgment which I
do not condone” but he added that
Feldman has “convinced me that
there will be no repetition of this
lapse of judgment.”
The secretary praised both offi
cers for their long service to the
army. He said Waitt had served
"honestly and faithfully and that
he made major professional con
tributions toward the development
of the chemical corps."
Dog Didn't Like
Dirty Bandages
SEATTLE, (/P)—Chin Chin, part
bulldog and part shepherd, hadn’t
been in Seattle long from his
birthplace on Sisters Island near
Juneau, when he got in a fight.
So Mr. and Mrs. Gene Isely took
him to a veterinarian to get patch
ed up. That was on a Friday.
The following Tuesday Chin
Chin made it known he’d like to
go out doors for a stroll. A couple
hours passed. Four-vear-old Mike
Isely demanded of his folks:
“Where’s Chin Chin?”
The phone rang. It was the vet
erinarian. Chin Chin, he told them,
had just left for home.
The Isely’s looked out the door.
Here can\e Chin Chin, proudly.
He’d gone to the vets and got
his bandages changed.
LEGAL ADVERTISEMENT
TO WHOM IT MAY CONCERN
This is to certify that I, James
Panos, of Nome, Alaska, the only
surviving partner of the Osborn
Creek D edging Co., have disposed
of the assets and liquidated the
liabilities of said partnership as
'ted as a matter of record in the
office of the Recorder of the Cape
Nome Mining and Recording Pre
• r*ct and will upon the 29th day
f Sept 9 49, at 10:00 o’cldc
a.m., sell at public auction in from
of my huu e, situated in N imp.
Alaska, the following describ'd
proper:v of the said Company for
cash at the time of sale.
Dredge on the Tailing p ies on
Osborn Creek: One cabin at
dredge site on Osborn Creek; On°
cabin on lot back or Mrs. T.y’e’
residence in Nome, Alaska; One
bench vise: One 12-Ton chain j
block; One electric drill; One lo '
of old belting; One stacker belt at :
Dempseys in Casa De Paga.
JAMk :?
Pub. Aug. 29, Sept. 5, 12, 19. 1949.
WEATHER DELAYS WORK
ON COUNCIL ROAD
District engineer John Hudert of
the Alaska Road Commission re- I
turned from Council Friday, where
he made a survey of the work on
the Council Road, which was re
sumed at the urgent request of the
Council miners through an appeal
of the Nome Chamber of Com
merce last week.
Mr. Hudert stated Saturday that
the road crew is fighting very un
favorable weather and unless
there is a break in the weather
the work will have to cease. The
road material which has to be used
at the place they are working must
hauled three miles from Fox River
and is composed mostly of clay
and not good material for the road
bed. When they are able to reach
Bear Creek which is a mile and a
half away they will be able to get
good material.
If unable to proceed on the road,
Mr. Hudert stated that he will have
the crew work back and improve
the road as far as it has gone this
season to have it in good condition
lor spring. He further stated that
the funds made available for con
I —
Travels 1,600 Miles
To See Dentist
E D M O NTON, Alta., i/F) — A
toothache can become a pain in
the neck when you’re 1,600 mile?
from the nearest dentist.
For Mrs. Adolphus Norris of
Aklavik, N. W. T.. it meant a
three-week trip up the Mackenzie
River to Edmonton by tug boat.
When she suffered a severe
toothache, her husband packed her
and their two daughters aboard
the tug which he uses in his trad
ing business, and set out for Ed
monton, 1,600 miles south.
After a 1,100-mile water trip
and a 500-mile jaunt by bus, the
Norris family arrived in an Ed
monton dentist’s office. Just for
good measure they are all getting
their teeth fixed.
Norris hopes to make the return
trip in 10 days.
tinuing the work on the road were
given with the reservation of
“W. P.”
Lega’ Blanks at The Nugget office
POLARIS COFFEE SHOP
Open Under the
Management of Alma Fitch
Breakfasts - Lunches - Dinners
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