COLD WEATHER
NEEDS
No need to freeze when you
can get reasonably priced cold
weather gear.
Arctics, pr. . sz.oo
Mukluks. pr. . 1.50
Down Coats, «a.32.50
Down Pants, pr..10.00
Sheepskin Pants, pr.7.00
Wool Sox. pf. ..75
2-piece Underwear,
per garment . 1.50
5-gaL gas-oil-water
cans, ea. . 2.50
ANDREW'S
Surplus Store
Railbelt Warehouse
Costs Outlined in Study
This is the remainder of the
fourth of a series of articles on po
tential Railbelt industries as seen
by G. Reed Salisbury, economic
analyst and consulting engineer.
Salisbury, employed by The Alaska
Railroad this summer, studied 37
potential industries. This news re
port is released by the railroad
management as a public service.
This article is devoted to a cost
accounting on a public warehouse,
• using two of the Railbelt’s larger
cities' needs as examples.)
Salisbury uses widely accepted
Outside figures for a cost account
ing on a public warehouse. He
Seward Cleaners
ART McKBOUGH. prop. j
Cleaning - Pressing - Alterations j
Mail Orders Promptly Taken care Of ^
Daily Pickup ft Delivery j
For the Tops in
QUALITY BEVERAGES
Call BUNCH'S
INEZ BALDERSTON
Phone: MADISON 182
Jenartf
Seaport
Record.
IS increasing
aMn^ 'tS clrcuI‘ition with every is
every issue.
r .incrcaslng its display advertw
bri
"gtng results.
rtrsin8 because it is
carr>mK more classified at|., ,• •
before. adlcrt,s">8 than ever
'iS rhL' ,c«al publication in this ■ . .
^ - carry legaI ^
If
Commercial Printing
~«Xw"L°r'8sra«— a
done in Alaska-—especially"^ ^ ^ be
and difficult runs. ' C<|U,PPed for '°ng ||
Phone Main 168
SEWARD
seaport
Record
I
I
says the total space requirements
at Anchorage are 68,000 square
feet. Add 30 per cent for office
space, unusable space, etc. and
this makes the gross sjze of the
Anchorage plant 100,000 square
feet. Fairbanks’ requirements he
puts at 50,000 square feet.
Land in the terminal reserve can
probably be leased from the rail
road.
The cost of the 100,000 square
foot warehouse is about $2,000,000,
| based on a $20 per square foot
price. Equipment for the ware
house would amount to about
$100,000 and office equipment and
supplies, etc., about $10,000.
Equipment needed in the plant
includes:
Six 3000-pound foi^c trucks: six
6000-pound fork trucks; five pallet
trucks, powered; five pallet trucks,
hand; rectifier for charging bat
teries; bridge plates and 6000 hard
wood pallets.
Salisbury estimates there’d be
38 employees with an annual pay
roll of $182,000. This would include
managers, secretaries, clerks, ware
house workers, laborers, fork truck
operators building and mainten
ance men, and police security men.
The wage scale, he admits, is
just a good guess. A firm contem
plating going into the public ware
housing business would have to
consider carefully the wage struc
ture since this would doubtless be
the key to whether or not it could
i earn a profit.
To return 1 and one-half per cent
1 on the gross investment, the ware
house would have to charge stor
age rates higher than the prevail
ing U.S. rates. They'd amount to
about 22 cents per square foot.
Handling charges would be $4.65
per man-hour, as compared with a
$2.50 maximum in the U.S.
How did he compute this 22 cents
per square foot storage rate? He
did it this way: Plant, including
interest on investment, deprecia
tion and maintenance, amounts to
$67,666. Operating overhead, in
cluding salaries, plant protection,
building maintenance and other
items, comes to $95,000. This totals
$162,666. With 68.000 square feet of
productive space, this brings the
cost, per square foot to $2.39. Add
a 10 per cent mark-up (24 cents)
and divide by 12 and he gets 21.9
cents, or 22 cents per month per
square foot—the necessary storage
charge, based on his set of figures.
The figures forces Salisbury to
the conclusion that “. . . a public
warehouse is, at best, only a mar
ginal opportunity for investment.
The financial return is admittedly
low and the break-even point in
ordinately high.
“Nevertheless if such an institu
tion can be created, it should sur
vive the initial year through skill
ful management. After this period,
the general expansion of the Ter
ritory should increase the volume
LEGAL ADVERTISING
502
NOTICE OF FINAL HEARING
Account Report and Petition
for- Distribution and
Discharge
IN THE PROBATE COURT FOR THE
TERRITORY OF ALASKA. THIRD DI
VISION, SEWARD PRECINCT.
IN THE MATTER OF THE ESTATE
OF ERF'ORD E. CHAMBERLIN,
Deceased.
NOTICE IS HEREBY GIVEN, that
HERMAN E. LEIRER the ADMINIS
TRATOR, of the Estate of Erford E.
Chamberlin, Deceased, has this day filed
in this Court this Final Account, Report
and Petition for Distribution and Dis
charge, in the above enttled estate,' and
that the Court has designated Tuesday the
25th day of January, 1949, at the hour
of two o’clock in the Afternoon of said
day, as the time, and the Office of the
Commissioner, Ex-officio Probate Judge
of the Seward precinct, third division,
Territory of Alaska, at Seward, Alaska,
as the Place, When and Where, said Re
port. Account and Petition will be heard;
and all persons interested in said estate
are hereby required to file their objec
tions to the said Report. Account and
Petition, if any they have, in writing, on
or before said date, in the Court, and to
appear at the time and place aforesaid and
to present their objections.
Dated at Seward, Alaska, this 23rd day
of November, 1948.
ANNA B. SOUTHARD,
(Sea!) Acting Probate Judge.
Nor. 26-Dec. 3,10,17.
PARTY AT RE1CHMAN HOME
FOR KEITH GRAY
Nancy Lee Reichman, Vera Loh
man and Lauren Landsbury were
hostesses at a birthday party Tues
day evening held at the Reichman
home honoring Keith Gray. Danc
ing and games were enjoyed and
refreshments were served. Keith
was presented with a gift from
the gang.
Those attending were Bob Mor
gan, Bob Keefe, Jack Hoagland,
Ed Renwald, Stanley Anderson,
Antril Suydam, Don Steele, Bill
Erwin. Beverly Renwald, Raymond
Anderson, Terry Filligan, Richard
| Dangler, Donnie Sanders, Jim Bry
an, Frank Sanders, Jackie Webb,
Beverly LaVan, Carolyn Macham,
Wilma Myers, Evelyn Gilbert,
Jackie Ratchford, Marilyn Ratch
ford, and Mac Lohman.
of goods haindled without a pro
portionate increase in expenses un
til the long range view changes the
venture from the realm of specula
tion into that of sound or even op
timistic investment. . .”
—... .
Mrs. Genevieve Holder arrived in
Seward Tuesday, Nov. 30, where
she will take tip her work as x-ray
technician at the Seward Sana
torium. Mrs. Holder comes to Sew
ard from Portland, Oregon.
We Take
ORDERS
for
HOME-MADE
CAKES and PIES
Baked by Mis. Bilby
TOTEM
Fountain
The New Seward Hotel
p
Quiet, Cheerful Comfort
Oscar Dahl, owner
STOP
at
CATHRYN’S
AND SEE THE SPECIALS ON
JEWELRY — BELTS — HANDBAGS
Twenfy-f/ve to Fifty percent aft
Wednesday thru Saturday
OPEN EVENINGS 'TIL 9 — DEO. 6 THRU DEC. 24
5in£ a- song 01 Christmas deaM
It’s part of the American Christmas spirit—to
give the greatest gift of all . . . health, life itself.
It began in 1907, this idea of buying Christmas
Seals to overcome tuberculosis . . . and each
Christmas since, the crescendo has swelled. Last
year, it reached a mighty chorus of more than
15,000,000 American families.
You probably were included; thank you, and
thank you again. If not, join in. Add even a tiny
remembrance to the bottom of this year s Christ
mas list. Send your contribution to your Tuber
culosis Association today, please.
CHRISTMAS SEALS
Because of the importance of the above message, this space has
been contributed by—
WERNER’S
MARKET
\