co pres Perlman opposes Case, Williams bills to stiffen procedures for discontinuing services, Sen subcom CENTRAL WILL ASK I.C.C. FOR RAIL CUT; Bid to End West Shore Runs Follows Failure to Win Approval in Jersey

co pres Perlman pledges better service, lr to Comr Ryan; Flannery says bad weather and peak holiday-travel periods caused most delays; Claypole says rr improves customer-phone service, installs 8 phone lines to speed reservations made in upstate NY cities; charges vandalism is major cause of poor appearance of cars BETTER RUNS SEEN BY PENN CENTRAL; P.S.C. Told Road Plans to Improve Service in State

co pres Perlman says co will prove main-line trains are 70% on time, commuter trains 95%; holds maintenance improved CENTRAL TO REPORT FEW TRAINS LATE

co pres Perlman says improvement was made possible by new elec freight classification yd, Selkirk, NY PENN CENTRAL TRIES NEW FREIGHT TRAINS

co pres Peter A Halmos and marine biologist Charles Dugan comment (M) Mass Shrimp Production Planned At ‘Automated Factory’

co pres Peter S Kalikow says current tight money market raises question of whether to stop bldg or take a gamble; says he does not like to postpone projects and trick is to get product to market at a steady flow; says gamble is to start bldg without permanent financing; potential benefits are great but so are risks; says answer may be medium-term commercial bank loans, which will be refinanced later; Kalikow por (M) About Real Estate