Preliminary Results of an Industry-Government Venture on Alaska Groundfish

This report provides information on the results of a joint venture by industry and government to better determine the prospects for a domestic fishery for Alaska groundfish. The venture was conceived in the summer of 1973: plans and financing were formulated in the fall and winter of 1973-1974: and production fishing trials were carried out in the spring/summer of 1974. Preliminary information is provided here on the results of the fishing trials, technological characteristics of potential target species, results of processing trials and marketing surveys, and a first analysis of economic factors. Each of these subjects will be covered in more detail in reports to be furnished later: however, we believe there is need now to quickly apprise industry and government of the salient features and conclusions which have emerged from the venture to date: hence, the basis for this report.