Document 0k1nLJjORN49NbGrX9ye11Rn

f\ir\ yj-wbbp " ' * AA , ,/ \> V>. ' J-M`PLANT AND MINE] f MANAGEMENT.SEMINAR. A- v *** YARCH 29-APRIL 2.- 1865 SEAVIEW COUNTRY* CLUB, A3SEC0N. 'N.'J. : yOLUME 111' _ TRANSPORTATION .Page -^ Introduction /.C.B. Burnett ' / 54. v/ Cost Reduction Passibi li?:es ' A.J. Kroll 55, ' A y, Freight Rate Negotiations:l;:ftF^Sf:i A.J. WaMner 57. " _ Savings at Morrero \ "\*PSX 5. E. Sfumpr 61. Savings by Combining Orders E.A. Adey Trucking Costs and Accompli},hmenr ; J.W. Perry " 64.; ..,T,8, : _, J-M Trucking at Fort Vtortn V. Verrrick 71. Customer Service ` R.W. Dobson . . Wmv-'-T- v.r/r Summary ' ' - C.B, Burnett 75. * . 77. V L' Tt c f 54. IMTROPUCTIGN C. B. B ti rnett The first category on our special Earnings Statement is TRANSPORTATION - $29 Million. This is the amount we paid to move products from plants mines and warehouses to our customers. At the first Plant and Mine Management Seminar, the primary traffic responsibility of a Plant Manager was stated to be: To get products to customers and to get raw materials and supplies to Plants; To get them there in good condition, when they are needed and in the most economical manner. This is a large order. Especially so, because we are dealing with public carriers over whom we have no direct supervision or control. The more demanding we become, the more costly they become. This makes our job one of constantly seeking service improvements. And at the same time, finding ways to reduce these costs. To fully exploit this potential requires a concerted effort on the part of each of you. And we have some people here to tell us how this can be done - Art Kroll. . . ###  " " 55. -V. ; r : C OST RED UCTI ON POSSI B I L iT! ES A. 1; Kroil The $29,000,000 figure you see on the chart is freight we absorbed on outbound shipments. Actually, transporta tion on all shipments, in and out, cost over $60,000,000 last year. What can be done to reduce this expense? There are several things you can work on; things that have a direct effect on transportation cost. Some of them are: Selection of the carrier. ' Type of carrier equipment used. Containers and packing material used. Size and weight of shipments. Method of distribution. Loading Practices. . Interpretation and application of freight rates, rules and regulations. . Freight classification of goods. Freight rates. Follow your Basic Management Practices in the field of traffic. It will help you control and reduce your transporta tion costs. Transportation cost reduction in 1964 resulted in savings totaling $1,875,000. 56 TRANSPORTATION SAVINGS - 1964 Freight Rate Adjustments Plant Traffic Savings ' Regional Traffic Savings Use of Johns-ManVille Trucks $ 777,565 639,750 313,160 144,525 Total $1,875,000 Total transportation savings exceeded 1963 by 30%. Some factors that contributed to the improved performance were; . Increased regional traffic activit]/'. Increased use of our own trucks. Development of new low cost carrier service. Rate reductions obtained based on heavier loading. Rates and carrier services established for new plants. Combining orders to make carloads and truckloads. Planned transportation savings for 1965 are $1,500,000. This may seem conservative based on 1964 performance. How ever, many of the large potential savings areas have already been covered. Every possible remaining way of saving trans portation dollars must be examined to put the program over. We will now have some presentations of ways in which cost reductions have been accomplished in the transportation field. These will be given by Andy Wallner, Stanley Stumpf, Ed Adey, John Perry, Vic Venrick and Bob Dobson. They should stimulate and accelerate action. # ## FREIGHT RATE MEGOT!AT IGNS A. J. Wallner One of the responsibilities delegated to the Director of Traffic is: . "To formulate and present to transportation agencies, proposals to lower the transportation costs of raw materials and finished products." Each proposal we make must foe justified to the satis faction of the appropriate carrier rate committees, and sometimes, to the Federal, State or Provincial regulatory agencies. Negotiations are usually best handled at General Head quarters but are sometimes delegated to traffic people at plants or to a Regional Traffic Unit. Assistance is needed in finding the possibilities for rate reductions. Most of the machinery to locate areas of investigation is set up in the Basic Management Practices. Here are 8 of the 10 subjects covered. TRAFFIC Basic Management Practices 1. Equipment availability. 4. Freight claims. 5. Service improvement and economies. 6. Recurring movements. ', 7. Loading and bracing. 8. Packaging. . 9. New equipment. 10. Classification and description. Review of these subjects will focus attention to rate reduction possibilities. ' :. 5'8.i . . , V: Rate negotiations are broken down into five categories into which all of the proposals of 1964 fit. RATE NEGOTIATIONS Category 1. General 2. Incentive Loading $286,900 173,010 3. New Carriers 214,975 4. Descriptions 20,000 5.: New Concepts ' 82,500 Approximately $777,600 Category one includes adjustments due to source changes of raw materials, building of new plants, new plantto-plant or plant-to-warehouse movements and new destinations. Last year rates were negotiated for one division which produced savings of $98,000. Most of this was for plant-toplant movements. New rates were also established to take care of new movements. The principles of incentive loading were also applied to get the lowest possible rates. Many reduced rates were obtained throug;h the incentive loading method. One involved the movement of asphalt from Augusta, Kansas to Jarratt. Shipments averaged 85,000 pounds. The vendor could load 100,000 pounds and the plant could receive it. A proposal was filed for a reduction of $4.00 per ton with 100,000 pound minimum weight which was approved and published. This one item saves us $23,400 annually. There is a tremendous potential here, but be sure that heavier loading does not begin before the rates are adjusted. A great number of adjustments and reductions come about, primarily, because of poor service via the existing mode of transportation. In the case of Fesco Board shipped from Rockdale to the New York area, transit time was reduced by changing from rail to truck. At the same time, we could rarely deliver when the customer wanted the material. Our sales department issued credits amounting to many thousands of dollars to pay for idle cranes and work crews and had many dissatisfied customers as well. The problem was solved by negotiating with the New York Central Railroad to extend their Flexivan Service area from Chicago to Rockdale. 59. Flexivan is the New York Central's version of piggyback . service. Third morning 8:00 a.m. delivery was established with a potential saving of $30,000 annually below truck cost. No more credits to dissatisfied customer. Do you have service problems, particularly on long haul truck movements? Do you need piggyback service? If you have the service, have you tried it? - Would rail movement satisfy your or our customer's needs? ,> ' It's still the cheapest way. Description adjustments saved us $20,000 last year. When we acquired Schundler Corporation, all Fesco Board was shipped as insulating material. We felt that this should take building,, wall or insulating board rates, but the board description was too restrictive to use on Fesco Board. Most of these descriptions have now been changed so that-we can legally use these lower charges. In the last five years this program has resulted in a saving of over`$100,000 annually.. Are you using the proper descriptions on all inbound and outbound movements? Review will help to find those that are wrong or questionable. Under New Cone ots we listed only one item last year, but the potential here is tremendous. In February of 1964, it was suggested that Glass Marbles be .shipped in bulk to Corona. Marbles had always been shipped in large tubs in box cars. Rate paid at the time of investigation from Parkersburg was $1.51 per hundred pounds, minimum weight 80,000. To negotiate the lowest possible rate of $1.00, it was necessary to load 150,000 pounds in a car. Standard box cars do not have this loading capacity. Special cars would result in empty .return which is economically unsound. The problem was solved by obtaining permission to use U.S. Borax Company's leased covered hopper cars. Borax is received in these cars at Parkersburg from Boron, California, located on the same railroad as Corona. Cars have capacity to load 150,000 pounds. Two-way loading is rurw provided, thereby, saving carrier expense of returning empty cars. 60. Saving in freight cost alone will total $82,500 annually. The need for investment in a large number of tubs for use in transit is eliminated; It eliminates the handling and freight cost of returning tubs-to rthe shipping point. Eventually, it will reduce loading, unload ing and handling costs and maybe, the elimination of the use of tubs entirely. It also makes it practical to manufacture where facilities now exist instead of investing in glass making equipment at Corona. Test shipments and production runs have proven entirely successful and negotiations to obtain similar reductions for Penbryn and Cleburne have begun. ' Can you ship or receive products in bulk that are now packaged? If you can, can you increase your leading potential? Would investment in handling and storage facilities be justified by corresponding reduction in handling, loading, unloading and freight cost? Every item in the Basic Management Practices for Traffic could conceivably suggest a new concept for you. The potential is great. Let's convert potential to profitl # ## SAVINGS AT MARRERO S. Eo Stumpf Just as a picture tells a story better than 10,000 words, personal contact is equivalent to 10,000 messages by correspondence - particularly if the correspondence.is by teletype. To digress for a moment, I am reminded of the time when "Murph" Murphy was plant manager at Marrero and the teletype system had just arrived as a medium to reduce our long dis tance telephone calls. Murphy received a teletype from his production manager, Al Cromwell, then promptly picked up the phone, called New York, and said something bo this effect: "Hello Al Murph, Just got your telegram but I don't know what the hell it says." I guess the only difference between today and Murphy's teletype days is there are many more of them. Since this is not intended to be a talk on teletype, I believe it would be wise to get on to the subject matter for today, which is - Transportation Savings.. Shortly after this Seminar was announced. Art Kroll wrote me and suggested that I review transportation savings at Marrero as a part of the Traffic Department's contribu tion to the program. Accordingly, I shall attempt to point out.a few of the projects which have resulted in substantial savings at our location. These, of course, were accomplished in conjunction with the GHQ Traffic Department. At our location during the latter part of 1961, the position of Traffic Manager was eliminated and a Traffic Rate Clerk was retained under the responsibility of the Production Planning and Scheduling Supervisor. Prior to the change. Building Products handled traffic for all three divisions at Marrero. After the change, we handled Building Products arid Flooring, and the Pipe Division handled their own. ' 62, At the time of the transition, the Traffic Department was handling a project for the Pipe Division, regarding piggyback movements of Transits pipe to numerous points in the Southeast, This project was carried to conclusion by our Rate Clerk and resulted in a rate reduction of $.10 per CWT, with an annual savings of $18,000 to the Pipe Division. In 1963, two projects were handled in which the Flooring 'Division was the benefactor. We were successful in persuad ing the railroad to increase the .minimum carload weight from 80,000 to 100,000 lbs. on Terraflex tile from Marrero to Watson. . This reduced the rate $.27 per 100 lbs. and picked up approximately $14,000 a year in freight savings. At about the same time, we were able to reduce the rate on asphalt tile. This resulted in a savings of $18,000 annually. Early last year we started obtaining felt from the Flintkote Company in New Orleans, paying a switching charge on each car. . ' We negotiated a rate with a local trucker to haul our felt at a savings of $.89 per ton over the switching charge. Projected to an annual basis, these savings are in excess of $12,000. An additional advantage is obtained by loading the felt truck with asbestos shingles back to Flintkote at $.09 per CWT. - which is probably cheaper than we could do this job with our own equipment. On the other side of the coin, we squealed like a union group that had just received a cut in pay, when the truckers in the Southeast states proposed a 10% increase on roofing and siding. We were successful in preventing this increase which would have raised transportation costs approximately $20,000 per year. In addition to the cases which I have just reviewed, we constantly check all orders to obtain the lowest possible I m rate. Even the insignificant detail of meticulously checking freight bills for correct freight .classifications and applica ble rates picked up slightly over $4,000 for us last year. >? 63. The term "eternal vigilance" is probably the most over worked of all of the old cliches, and has been applied countless numbers of times to all facets of management responsibilities. So, with your indulgence, I feel it is important that I submit it here to you today in connection with your traffic operation, as I feel very strongly that nowhere is it more essential than in the creation of an up-to-date, hard hitting, efficient traffic department. ### V SAVINGS BY C E. A. Adey G ORDERS The Insulations Division spends approximately $2,100,000 per year in outgoing freight. The Fiber Glass Division spends approximately $1,000,000. ' Examination of these expenditures shows a huge potential for saving freight dollars. Let us consider the most im portant principles: 1. We should load cars to minimum weights to avoid deficit weights. 2. We should balance over minimum weight cars with under minimum weight cars when more than 1 car is shipped by planning the loads. 3. Make full use of all stop-over privileges. 4. Make frequent use of carload and trailer " privileges. 5. Load cars to minimum weights by combining shipments in the Division and between Divisions for all shipments. 6. Use 40' or 50' cars, volume vans, Sealand service, or container loads appropriate to the shipment by carefully computing weights ' and cubes. 7. Use wide or narrow cars appropriate to the shipment, especially when shipping multi size cartons. ; 8. Redesign cartons and.quantities to eliminate voids in shipping and packing cartons. 9. Nest when possible and permissible to minimize . cube and increase weight. 10. Check weights frequently to avoid over-payment . of freight. 65 To be more effective in observing and checking the principles, we. established Manville IID as a control point for clearance of cars to the West Coast and we have a man assigned at Manville to handle the freight dollar analysis and consolidations. This requires planning and coordinating with shipping schedules, customers' desires, car weights, car cubes, and freight cost analysis. Now let us review a few typical cases: Zelienople had the refusal of a half carload for the West Coast. We arranged with Nashua to combine it in a carload which they were also dispatching to the Coast, by stopping off at Zelienople to load their portion. We thus obtained one-half carload of business which was unobtainable without this arrangement and approximately $250 was saved for the customer. Because of the high density materials, any Nashua West Coast car can be routed through Manville and other plants to pick up additional loading or to add a trailer of light / weight materials and save approximately $450/carload. For the past 5 years, we have been shipping carloads and trailers to the Southwest from Long Beach. We ask our customers to give us orders in 2-carload-lots, in order to ship carloads and trailers. Every two cars we ship, we save approximately $500 in freight so that up to $25,000/year is saved in total vs. single cars. We recently pointed out to a customer that if they per mitted us to ship carloads instead of truckloads, they would save about $2,000. They readily agreed. Let us look at a typical case of freight cost reduction. It consists of loading cars to minimum weights by combining shipments in the Division and between Divisions for Trans continental shipments. {Chart 11. See next page) This car loaded at Manville, stopped at Winslow, Ariz. with 15,000 lbs. of BPD shingles. It continued to Long Beach as final with raw material and resale items for Long Beach. Three Divisions participated in the $1;216 savings. We have 15 to 20 similar cases each year and save from $500 to $1500 per carload, depending on the assortment of LCL quantities mixed in the load. Division i. L P&F B, P. DIVISION FREIGHT SAVINGS POOL CAR TO WEST COAST Shipped Materials Savings From Manville to Finished Goods Raw Materials Finished Goods $276 . 267 . $118 Long Beach 11 1! II II Shingles $655 Winslow, Ariz. Total Savings $1,216 Chart 11- Here is how 2 plants of one Division pooling shipments with a plant of another Division saved $300 for the company: DIVISION FREIGHT SAVINGS POOL CAR TO WEST COAST Destination Car Started at Nashua San Francisco Stopped at Billerica for Additional Load "" Stopped at Manvi|!e for Additional Load to Complete Load Oregon* SID Savings - 0 - {Minimum Reached) B. P. D. Savings - $300 {Combination Rate) * Transioaded at Reno, Nevada. Chart 12. 67. There was'a pool car to the West Coast which was started at Nashua and stopped at Billerica and Manville B.PoD. to complete loading. The B.P.D. saving amounted to $300. ... Here is a summary of what Manville plant saved over the last three years. For 1962 - $35,000; for 1963 - $40,000; and $46,000 last year. . DIVISION FREIGHT SAV INGS* 1. K D. 1962 $22,000 1963 $25,000 B. P. D. 6,000 6,000 P&F 6,000 4,000 Customers 1,000 5,000 Total $35,000 $40,000 * Handled by Manville I. LD. 1964 $31,000 5,000 3,000 7,000 $46,000 Chart 13. These are plus savings and 3 divisions and customers participated in them. Other plants also create significant savings. .: I would like to emphasize that everything I have said suggests a dollar savings in and between Divisions. We in the T.I.D. already have the tools and the know-how to get these savings. We invite all Divisions to participate in this lucrative program of getting "More Mileage out of the Freight Dollar." John Perry's talk about trucking costs and accomplish ments follows. .68 TRUCKING COSTS AND ACCOMPLISHMENTS J. W. Perry Increased costs of labor, equipment and administration,' as well as the individual State fuel, road and axle taxes, have placed an economic burden upon motor carriers. They ' know that, if rates are increased proportionately with opera ting costs, it would chase much of their tonnage back to the rails, piggyback or private trucking. They have worked with the various State legislatures, shipper associations and equipment manufacturers with some success. This cooperation has brought about: ; 1. Increased length of trailers. 2. Increased height of equipment to a maximum of 13'6". 3. .Increased gross weight allowed over the highway. Each of these factors contributes to more income per vehicle.. As a result, shippers are negotiating lower rates on the larger volume. They are able to move commodities at a "lower cost per unit or cube." Equipment design innovations have already produced results for us. For example, Penbryn was able to get trailers capable of carrying 15% more Fiber Glass than other equipment available. This produced savings of $24,000 annually, with no additional cost for special equipment to us. Our carrier for Defiance, Waterville and Parkersburg has replaced his trailers from 35-foot to all 40-foot equipment. He can now haul more product without added cost to J-M. . On heavier commodities, our plants were often obliged to back order materials due to the maximum weight allowable per vehicle. Today it is not uncommon to ship 40,000 and even '45,000 pounds per load. This gives the customer .service and his complete order. Another example, carriers hauling asbestos to the north eastern states needed more revenue. An increase in minimum weight per truck obtained this goal. They were able to keep the freight rate to us at the same level. 69. Efforts will be continued to maintain a reasonable level of costs. On the "lower cost per unit of weight" basis, we can estimate ci. savings of well over $100,000. a year. We can do this and still maintain a strong, economically sound truck ing system. Another factor affecting trucking costs is the time element for loading and unloading. As you know, this has been kicked under the rug for some time by shippers and carriers. Most carriers have published tariff provisions for detention. This is a deterrent against habitual abuses of holding equipment excessively. It is now mandatory for all locations to load and unload vehicles promptly. Failure to do so means additional charges. The Interstate Commerce Commission and the State Regulatory Boards recognize that these abuses have a direct effect on the carrier's operating ratios. They are, therefore, pressuring them into conforming to the legal and lawfully published tariff provisions. Failure to comply means a possible $100 fine for each offense with each violation per vehicle per day being an offense. Now I would like to review the company private trucking activities. The total savings are broken down by plants - Cleveland Fort Worth ' Madison Savannah Waukegan j.M.E.C. $ 16,142 67,786 5,888 33,627 1,677 19,405 Total $144,525 It should be noted that J.M.E.C. is a separate corpora tion under the regulations of the Public Utility Commission in the State of California. The savings for this operation are recorded, after taxes. Our estimate of savings for this year is $150,000 and will be accomplished by increasing the various fleets. , Several plants will be requested to participate, to establish two way movements and reduce empty mileage. Each plant will be credited for the actual savings in proportion to their participation. 70. The regulations of the Interstate Commerce Commission are plain with regard to private trucking. Due to our com plex corporate structure, we are restricted in the hauling of one corporation's commodities by the vehicle in the name of another corporation. Private trucking must be weighed and fully analyzed. This mode of transportation does not always have to be the ultimate answer, but can also be used as a useful tool to accomplish the same goal - reduced costs. In discussing handling of asphalt for the Madison Plant with a local carrier, we were able to use our private trucking costs to convince this carrier to reduce his rates to the same level. We, therefore, obtained the same savings of $6,300 per year without running a trucking operation. Barring changes in legislation by Congress or decision of the Federal Courts and the Interstate Commerce Commission with your help, I can predict an annual savings of a quarter million dollars in private trucking in the next five years. ### J-M TRUCKING AT FORT WORTH V. Venrick In this talk I intend to take the PROFIT approach rather than the mechanical or operational approach. There are, of course, sound operating and management techniques requisite to successful private trucking. But today I want to depart from this routine approach on the "How" of trucking and talk about PROFIT or the "Why" of trucking. . We are all old hands on the subject of the effect' of volume. -When volume declines over a period of time, margins shrink until eventually we approach the point where fixed costs are not covered and profit is zero. Units 1959 1960 1961 1962 1963 60,000 46,000 42,000 36,000 33,000 Chart 14. Chart 14. is an example of declining volume. We are assuming each unit is sold for $1.00 and its's marginal cost i s $ .75 . ' 72. As volume declines, we approach the point where margin is just sufficient to cover fixed costs. We reach this point in 1962 and actually show a loss in 1963. Now I imagine it is about time for someone to as1* "What do all these assumed figures have to do with trucking?" Well, in the first place, the volume figures are not assumed - they are actual tonnages hauled outbound by the Fort Worth truck operation from 1959 to 1963. And secondly, suppose I told you we had no losses, in stead the average annual profit 1960-1963 was 12% greater than in 1959. Impossible? No. This unexpected situation results, from the balancing between J-M'owned truck costs and leased truck costs as volume contracts or expands. I'll try to be more specific. Leased trucks have cost us from 18% to 29% more to operate than our owned equipment. We own only enough equipment to serve our needs in periods of low volume and lease the rest. As volume declines, the mileage traveled by the' high cost trucks (leased) declines also, while the mileage traveled by the low cost trucks (J-M owned) remains approximately level. Thus, the average cost per mile declines along with volume, provided prices of fuel, tires, wages,- etc. remain level.' TRUCKING PROFIT MILEAGE BAS I S * Income Per Mile Cost Per Mile Profit Per Mile 1958 1959 1960 1961 1962 1963 $.2539 $.2818 $.2962 $.2982 $.2982 $.2952. .2471 . .2471 .2624 . 2552 .2521 .2614 . 0368 .0347 .0338 .0430 .0461 .0338 * All Truck Shipments at Common Carrier Rates. Chart 15. 73. During the period under review, as shown on Chart 15., the average cost per mile remained quite level in spite of steadily rising prices of wages, fuel, tires, etc. The cost per mile in 1958 was $.2471 and assigning this cost an index value of 100, the five succeeding years varied from 100 to 106. Of course, during this period, there were also some increases in common carrier rates. Since common carrier rates would be our cost if we were not in the trucking business ourselves, we are always competing against these rates. The freight cost at common carrier rates of all our truck shipments is looked upon as our income. From this figure we subtract our cost of operating trucks to arrive at the trucking profit. Again, note how uniform the cost per mile is. The maxi mum spread is 6% despite a spread in miles traveled or volume of 96% between 1959 and 1963. 1958 1959 1960 1961 1962 1963 Common Carrier Cost $582,273 $628,810 $455,431 $400,429 $354,561 $334,960 Truck Operating Cost 506,687 551,282 403,365 342,719 299,782 296,591 Profit 75,586 77,528 52,066 57,710 54,779 38,369 Profit % 13.0% 12.3% 11.4% 14.4% 15.4% 11.5% 1: Chart 16. How look at Chart 16. Over the years we have established a profit goal of 85-87% of common carrier cost. If you will take .13-15% savings on 75-80% of your present common carrier truck delivery cost, you could develop an approximation of savings to be made by private trucking. This, of course, would assume that rate structures, terrain, mileage to be traveled and other factors do not differ, too much from our conditions in the southwest. To tine extent that conditions differ, estimates would have to be modified. To these direct savings must fee added the substantial values of customer satisfaction and service.I I would suggest that Fort. Worth is not unique. There may be opportunities for private trucking savings and service at your location. ' 75. CUSTOMER SERVICE RaW. Dobson At this point, Penbryn is too new for cost reduction, but we are proud of our customer service. Penbryn's ability to provide next morning deliveries anywhere from Maine toUorth Carolina made it possible to enter the Eastern market in 1964 and to ship at a rate of 7-1/2 Million dollars a year in the face of tough competition. As; background information, it is advised that we are processing 600 to 650 telephone and teletype orders per month. We have more than 150 separate H.I. inventory items. Our shipments are made in high volume vans and only in full truck load quantities. We average 2-1/2 orders per truck, with 12 separate inventory items. Truck load stop-off combinations are worked out with our salesmen and we normally promise delivery of the tailgate order at a particular time. Customer service at Penbryn is handled by our well-in formed compact planning and scheduling unit which consists of one order interpreter, one scheduler and two' clerks. We don't have the luxury of a Traffic Manager or Purchasing Agent, and in addition to normal order writing and scheduling functions, our P 6< S unit handles all traffic functions with the exception of rate determination, the procurement and release of all raw and packing materials, as well as the maintenance of the plant inventory records. ; Our order interpreter prepares a hand written order set as the order is received. Working closely with our scheduler, he can quickly check credit, the availability of the order items and the availability of a truck and the complementary partial stop-off loads. He can normally promise the order deliverycnthe original phoiie call. V I' i : -. The order interpreterfwill enter the order quantities on our Weekly demand sheet. This serves both as the basis for a completely current product^availability to the order handler, and as the basis for machine scheduling to our scheduler. ' ' . ...." 76 . ; v . . ;; The original and one copy of the hand written set go immediately to shipping. The original is used as the ioading tally and the copy serves as a packing list. From a third copy, a clerk prepares the greenback as far as she can without the shipped quantities, assigning commodity and product codes, applying discounts and pricing 'the order items. This is returned to and is checked by the order interpreterbefore shipment. General Traffic has assisted us in setting up very close working arrangements with our one-contract and three commercial carriers. Since all of the deliveries are day light, we usually load at night to keep the trailers rolling . The trucking arrangements have been so effective that we are actually able to promise and achieve specific time deliveries on the tailgate loads. After shipment, the same original hand written order copy, which has served as a tally sheet, goes to a clerk to determine freight charges and to post to our one and only plant inventory record. With the shipped quantity, she completes the greenback for typing and billing by our Administrative Services group. Without exception, the bills for all orders shipped from Penbryn are in the mail within 24 hours after shipment. Our order system is unique in its simplicity. We have a minimum number of people to handle the functions of order writing, scheduling, traffic, purchasing, billing and inventory recording. We have necessarily had to develop a very simple, no frill, no typing, system. It was another case of "Necessity being the mother of invention", but to my surprise, we did come up with a simple order system which requires only a few well-informed people and which is certainly effective. It is completely practical for us to put our material on the customer's dock or job site within 24 hours after order placement. .I I am sure that whatever success we. have had at Penbryn can be traced directly to our customer service. I am convincea that we have a real opportunity in J-M to increase our business by providing better customer service and better deliveries than all our competitors. ### 77. SUMMARY C. Bo Burnett Thanks,. Art, and thanks to all who participated in these discussions. Reduction in transportation cost means an increase in company profit. Transportation cost reduction programs seldom require any investment. You have heard Art say that planned savings for 1965 are $1,500,000. (NOTE: This amount has been listed as a Goal under TRANSPORTATION on Chart 17., next page.) This can be done by Proper selection and use of carriers private or public. Negotiating freight rate reductions Paying the lowest legal rates available. Combining orders. Transportation FREIGHT SAVINGS TOTAL FREIGHT COST - K.0.1. Compaay.Coof j Chart;18 TOTAL COMPANY'EARNINGS - 1964 ~ $ MILLION - GROSS SALES TRANSPORTATION RETURNS/ALLOWANCE . CASH DISCOUNT, MISCELLANEOUS TOTAL NET SALES PLANT COSTS ADMINISTRATION MATERIAL - DIRECT - MAINT - OTHER LABOR - DIRECT - MAINT - OTHER PURCHASED SVCS EMPLOYEE BENEFITS DEPRECIATION, DPL. OTHER PLANT COSTS TOTAL VENDOR MTLS, CONTR. TOTAL COST OF SALES GROSS PROFIT SELLING COSTS RESEARCH, DEVELOPMENT ENG. & TECH. ADM, GNL, OTHER INC. TOTAL PROFIT BEFORE TAX PROFIT AFTER TAX 1964 499 29 6 5 40 459 22 104 14 15 53 11 20 16 17 19 7 303 29 332 127 40 7 5 17 69 53 32 Chart 17. printed in u.s.a. X C : 79- ; The Key Operating Indicator that will keep your finger on progress in these areas is the ratio of freight savings to total freight cost. . When the company goal is attained, this ratio will be 5 percent. . ### | -P&i 51 f . '''if' '1 - ARTHUR COORERMAM CWA*W*Nr STATE '.>* NEW VOPK WORKMEN'S -COMPENSATION BOARD TWO WORLD TRADE CENTER new roRK. n y ioo<s? September 28, 1977 MARTIN 2i?-48*3C9S Mr. Hugh Jackson Director of Corporate Training Johns-Manville Corp. Ken-Garyl Ranch Denver, Colorado 80217 : ; I Re: WC&P07530500 Simon Ferguson, dec'd.v. F.'E. Schundler 7c Co. Inc. Dear Sir: This is an official investigation conducted by the New York State Workmen's Compensation Board. The information we are seeking is the workmen's compensation carrier, policy number and effective date covering Johns-Manville Corp. and Johns-Manville Perlite Corp. in the State of New York on May 31, 1973. Also, can you give an address for Clayton Marshall, Director of Johns-Manville Perlite Corp., formerly of .19U6 E. 15 St., Brooklyn, New York. Thank you for your cooperation. Very truly yours, MARTIN MINKO'JITZ General Counsel By: EB: sm xu/^'h0 / ELIZABETH BROWi Sr. Investigator  /ED o -m *--J tocott 6, 1965 temard I. owal E4.B Idjosttr Tfe Travelers .. 719 Griswold Street at Fort Street Detroit, Michigan 48226 Doar-Kr, Koval: Wm ft-1036869 JtoiSas-Mastville Corp. Mi W. 1. Sdgar & Son 6-10*63 ; In accordance with answer CIO) eontained in mj letter to you of August 3, 1965, I enclose a copy f Federal Specifi cation BEF~l-526a. Is additiont with respect to answer (16), i have been advised that it was Schundler *m quality control practice to beck the Fesco Board for the following characteristic: CD Thickness ' :' C2) Dry weight (3) Moisture residnal ... . 1 fercentag of fieriit iZhrzmgb the application . of tfe toot) |S) oapressieta Tory truly years bc: A. A. K. O. Mckj. yea G. J. Fisher ft.. JL :fc*jwSl J*. Attorney l&g&l DojsortaMiat- B2' '"'l TiE'^nWl: V/. 1, O'r'o nf>f ?. *'f 3nc." January 27th, ,19? Jnh''n * I'arrr.illn -Perlite Corp. P.0. Rox 1702 : .* Dftnvari Colorado File#:' 022CBM21302? :. Insured.f Johns -- MarariiXe Corp. Gl&imarvbs Simon Fer.^son ' ; B/losai 5/31/73.'" ' - ' : h Rear Sim; t.V- `r>vcy \-rir,-, nrepented .o-rith tills. compensation case claitain-pdeath; . . fen fl (id /: f.'.c ;rV-o'>" of the nlovc captioned uciaiiBani.l The attorney ' h :>h:' r-ni- it. ;T < ?top 775 BroM*.*ny, Yorkf IIX 1030? alleges that the . .-?rih-eeJ.'" v- .'Ur-nr, due to Acter.toe Poltordhp-'uhicb occurred 'as a , > : ' n. 'if I,'}'.'.' . ' ' ;. . . -i-.-f; ,r.-' fc ror. /O' 3. 117th 3i.,d'cr Xork, hi Apt . Sy . ar a former employee of F*S*. Sohundlor Company Inc. Vernon. Clvs. ,,r if Inland City,' BY lUOl Burin-' the 1950-3. It. is our uMcrstand- pt,. feat, FF- Ochudler eban-y-d Its name to Johns -- Ilanvilla Perlite hr'- on Oetuhor lad, 1959- - h n <-! * for-to fhr` inder:;i,'i:cd an;/ pa/iv'll records and mfornction i.'-n/ -n-r- h^v2 regardin'; the rssploymenfc record of the deceases. Th.T-.vin.; 7'n' in. adi/ahon-Tor your cooperation. ; .. 'Yours iruly^ Flvira;Gunter. Glaira. Representative aAW>S^ cm' OFFICE OP THE TRAVELERS INSURANCE Cf^r-AHisH /' . . . l?i Seventh Sir&zb, Garden City* Kc^ York 1 'o30 . ,. w&tm H3024O-496 WHlTEHAu. 3-2000. CHICAGO am mAscisco UOS AMO ! L.E '2 M.'NNF.APOt !G DETROIT Op. A7 MO INSDTIANLCA'PUOlSLIS ' . PSOTRTLAND OULU TH NEW. ORLEANS -.TULSA '' OPAHOwEANI'Xl 0 M i LWA Li N f. iNcoPoa at r. c IXSIJKAXCE 7(5 J ? T> t\> xr vr* >p .VEWYORK 3 ' ; September-22, 1959 NEWYOSR PSBTOTSSBTUORNOH i.< '\yV ATLANTA ClP.vll A-mT' CHARLESTON. NCRTOLK TORONTO VAN,.: OUV3 .CcHAIaARlVgAACaNrAASv. LONDON' ffir, .A* K. .Schmidt, Insurance- Manager Jonnc Manville Corporation 22 East .iiOth. Street - $t? Xork lb. Nev fork Bear. Mr. Schmidt: . - F> . Schandler &. Company-' ; 'You recently advised us that Johns KanyiilG Corporation-will talcs','oysr', ; fail ownership of ;this entity at aooa today. We wish to confirm that we -have hinders from the Travelers Insurance -Company adding this entity' s." . espasnres aadsr your Workmens Compensation, Public and Automobile LA-abi-.- iiiy - policies*, t We -also', 'understand that .'the broker' -who "services' yoar-.'eas;**.'. cess Liability contracts has been-infrosaad.- Tbs Federal Insurance Gcsip&^y has included this-new- entity under your Cesprehensive Crime Bond. All of the' -.above policies - would apply in excess to t heir present carrier* s -cot- ' srage 'until such time as their' exposures' can be incorporated with-yours. Before the Underwriters can submit their quotations, they will-, need-the following information: ' -- .- * .' - ' - Workmen Ms Compensation Insurance - .1 2 1. A letter from, an executive officer of the Johns Manville Cor poration giving proof of ownership.- This is necessary- because of- the ' various state filing'.-requirements. 2* A schedule of payrolls broten down, by state and classification*. 3 A schedule of premiums and Losses over 'the past five years. L* The current experience modifications. Comprehensive -General Liability Insurance 1. Estimated. annual- gross "-sales. ' 2. The Limits of Liability afforded oy their present carrier. -!$!. -! f; '~s : 2. ! m3 if?* i: MAM&MI &'-MSLENX\N- . ' -2- . ' September 23. x9h? Hr. A* 'M. .Schmidt* insurance Manager Johns Maaviile Corporation . . 3' A schedule' of premiums and lessee- ever. the. past live years. . he, Current experience modifications. . Cogg>rehensive -'Automobile- Liability Issuraace '' . . .> . 1. A schedule of actor vehicles and the "principal garage location of'each.' 2 A) number of espioyees vbo regularly use their own cars; on- company business.' ' ' '. : . . ,;- B)number of all.other employees. ' .;: ' 3* Setiadted' annual"- hired ear expenditure.. f . . .' .' '; . ' i> |?he' limits of Liability' afforded, by their present carrier. ; - 5. A schedule of premiums and Losses, over. the pest five;.years* . 6v. Current e^sriehsa-iaodifications. . . .. Criag Insurance ' .; '. . ' . . ' '. - 1* Please" asK'this'new entity to complete the.enclosed' sp- ' plication' for dishonesty insurance* ' v " 2* The Limits' of. Stability and the coverage afforded ay their- ' present carrier.* s .-bond* .1 ' . .;. ' . -3. A - schedule of premiums and Losses; over the past five year's* Ms realize the difficulty you may have in getting this-' information to gether. If you' have any -problems, please do not - hesitateto contact' us for.assistance* iiCAx sm very truly yours, MR1H Jk MsJANKM3 ISC. , -//'./^/2/7/y Ho'Sert C msmmz 1 TELEPHONE L.E50NOTON 7-1126 . aea Cone sos "the fwst-.American uabiutv. insurance company". Chaki.ks i. HOIK3KS, %' WE:.'sTt:w.\ DiVi'!ON; ' '' American mutual. SuU-D!ng AS SOUTHLAND ORiVE LEXINC.TON. KSNTUCKV February 27, 1962 F. E. Sc handler & Company, Inc 50-t- Hailroad Street; - Joliet, Illinois He: WC V7573.S Gentlemen: -. ; \ ; On February 15, 1962 we sent you an. invoice for a :? m balance of $1,689.00. Ha have not received .your check and .the .balance is b~ , \ costing past due, |'Is, there .any .difference between your _ if .record^land the afeount billed. If-not, we shall appreciate receiving your check 'within the next week: .. WjJ: you- for your help -y - , - . - -; ' ; Sincerely, _ 4."f G.T. Prlgge/3r Enel. CC: Chicago Sales DIVISIOH CREDIT KA.Hfi.C-SR; 7" J'rW T 0. 'V\ :\ ' "> ' if ' * J , \ Ys.'.iff f ; v v : '' D CHICAGO . SAN rRANCISCO LOS ANGELES MINNEAPOLIS DETROIT SEATTLE ST. LOUIS INDIANAPOLIS ST. PAUL. - PORTLAND DULUTH NEW ORLEANS TULSA .`OAKLAND PHOENIX . MILWAUKEE SAN Oit.Go WnriLHALL J-LCoO TO PINK STUlKT M^VYOKK 5 .. ' . ^ . .. September "th. i960 ' r .. HEW VCi-Jil -.. BOSTON PiTT3QU5C*H.' BLrrALO ' ATLANTA CLEVELAND CHARLESTON NORFOLK ' MONTREAL TORONTO VANCOUVER . Calgary / HAVANA CARACAS LONDON Mr. Frauls-S. Deeg, Insurance Manager Johns-Manville Corporation 22 East 40th Street I Hew York 16, Hew York Dear Mr, Deeg: ' F. ', SehundLsy. &. Company, Inc. Referring to our letter of August 2nd, i960, ve are enclosing the at tached list of claims, which has been submitted to us by the American Mutual Insurance Company. Inasmuch as these are only the claims};,which ware open prior to the -retrospective ad^ustaeat, we are- writing then for a complete list &r each policy year and we will forward this; list to you as soon, as it has been received for verification purposes. Yours. very truly. MARSH & McLESSAH KRG/mh encl. ' ;' . r % ^,*yi * Veb AUG 9 Pwt MPA AAP PlLS s* rouuow up* uu. "" nm sssswjuma *ui m wn*#vsi'm& ,.. . Sin.Mjutiv , " s -.. ' *'' ' Tli Travelers . 719 QrlsvoliT Strsst; st Port-' ttrwt Detroit, lichifAii 4822S . ' fciuMHRanv111 Corp. Bet B. & Mgaf & Sob Bear Mr. Bsealf 3b accords witIt aBswr fl@> OBtisid in y letter - to" you f Aagusst 3? 1@853 I enclose.* copy of Federal Specifi cation ra-l-S^ia - ,; ,, ' . . . Is addition, with respect.t* answer fid),1 lave fees - Advised: that it\wm Schundlor'm .qvallty control practice to chock tSm Wmco Heard for ttso following' cb.aracier1stless , ** . . Thtctenmm -. Dbry''eeigilts.' ' 3) VolrtiM jmldsel * - ' " of Jferlit of tlx cmpressie r'**' , Vv'&'-^' '. .* ,Vj'. ... . .` i *- ** test) .V A&?v' years* ,; * / *" * M* s^'tfAadei, Attorney. - be: A. A. PapaAiaflfl^ww^r''"V'*-.v*?;V H. 6. McElyea `'r ' C. J. Fisher - < V . 'CHlCA&O SAN. rj} a nC*C O LOfi ArtCC Lt MlNNC AOU5> OETPOiT SCATTLt ST tOU'5 IMOIANAPOUS ST PAUL PORTLAND OfUUTH NEW 0Lt ANir, TUlSA OAKLAND PHOENIX MILWAUKC Z Marsh & McLennan ' ... ; ; . . INCO*C'AATtD . _ . IXSURAXCE : ' 70 PINK STREET NEW YORK 8 September 22, 19>9 NEW VORK BOSTON PITTSBURGH SUTfAVO . ATLANTA cuvttAua NORFOLKCHAPLt %Tf>N M0N16CAV. TORONTO VANCOUVER Calgav HAVANA CAPACAS LONDON Hr. A. M. Schmidt, Insurance Manager Johns Manville Corporation 22 East uOth Street New fork 16, New York Dear Mr. Schmidt: F. . Schundler & Company You recently advised us that Johns Manville Corporation will take over full ownership of this entity at noon today. We wish to confirm that we have hinders from the Travelers Insurance Company adding this entity's exposures under your Workmen's Compensation, Puhiic and AutomoDile Liabi lity policies. We also understand that the broker who services your ex cess Liability contracts has been infrosed. Th Federal Insurance Coupany has included this new entity under your Comprehensive Crime Bond. All of the above policies would $>piy in excess to their present carrier's cov erage until such time as their exposures can he incorporated with yours. Before the Underwriters can submit their quotations, they will need the following information: . ' . '' Workmen's Compensation Insurance1 2 .' 1. A latter from an executive officer of the Johns Manville Cor poration giving proof of ownership. This is necessary because of the various state filing requirements. .2# A schedule of payrolls broken down by state and classification. 3, A schedule of premiums and Losses over the past five years. lu The current experience modifications. Comprehensive General Liability Insurance 1 1. Estimated annual gross sales. 2. The Limits of Liability afforded by their present carrier. *. n . u MAMsn. &MLXEXNAX -2. September 23, x?i>9 Hr. A. H. Schmidt, Insurance Manager Johns Manville Corporation 3* A schedule of premiums and losses over the past live years. h Current experience modifications. Comprehensive Automobile Liability Insurance 1. A schedule of motor vehicles and the principal garage location of each!. ; 2* A?number of employees who regularly use their own cars on company business. B)number of all other employees. 3. Estimated annual 'hired car expenditure. U. The Limits of Liability afforded by their present carrier. 5 schedule of premiums and Losses over the past five years. 6,..Current experience modifications. Crime Insurance 1. Fleas ask this new entity to complete the enclosed ap plication for dishonesty insurance. 2. The Limits of Liability and the coverage afforded qy their present carrier's bond. 3- A schedule of premiums and Losses over the past five years. :: . . ; 1 ' . -i: . v. . .. : . . ' We.realise-the difficulty 'you-may have in.getting this information to gether. If you have any problems, please do not hesitate to contact us for assistance'. KGAsssa Division Headquartex'a May I2&, 3-S^6 Jo Q, Eric Research J A, Hill .*> Research Ga J Fisher ** . Ip& floor FESCO BOARD GLC SUIT AGAINST J~H. My experience with Fesco Board dates from April 1, 1965 at which time I became Profact Group Manager for Board Products ^ which includes Fesco Board, . Xi vas not long after this date that I became aware that Fesco Board did not represent the cure all for Roof Insulation applications, Our own J^K Built-Up Roofing Specialists approved its use with their Bhilt-Up Roofs under normal conditions, but not for Laot-O-Roof or places where Blew offs might be expected, - Some of J^VJa Built-Up Roofing Competitors would not bond a roof over Fgsco Board, These competitors were Barretts Philip Carey and RubberoicU ' The complaint of the product su. developed by the Fn E, Schundler Company - made by them and than by was that the product lacked overall strength, Shis was Modulus of Ruptures interlaminar and shear resistance, The product was also too dusty so that it did not adhere well to the deck nor did the felts adhere to the insulation 'satisfactorily-with'all- types' of adhesives, . . The lack of complete interest in the Fesco Board by manufacturers of Roofing Felts ;.ns also held by sons Roofing Consultants such as Mr, Ed Scbreiber of Construction Consultants, Inco of Detroit end tho very large prospective customers of the Automotive Industry, General Motors, Ford and Chrysler, . . We decided to do sonething about changing the characteristics of our Fesco Boardo We .asked. }!!: Research to double the Ifexiulus. of Rupture.: of .the 35 to AO MR of the old / Fesco Board, We asked for an increase in. the shear resistance cf the board, l;We asked for a-product that would he less dusty and give assurance of good adhesion to the dock and. to the felts, '. ' . . " ' . . . ; V/e asked that this change bo made as we started into production cf Fesco Board for the first tins at Hatches^, but this idea was dropped because it was felt that it was better to start 'Matches operations using known, techniques that had been, used in the past,; . ; ; .. ' . : ,. . ; . : ' Tho experimental work, was started as Fesco K5 with many composition changes, Xt was realised this product and px'obably any other revised compositions would cost J=K more to manufactiiros but vs considered our costs for settling complaints and illirill from using the old jnmsduct woxxld Esor than offset thesa costso ' 1 " ' '. ... (to be verified) The Foseo 5K3 was tested in SP runs at Rcckdale during the summer months ofFl96;?*fcui the results were not satisfactory and the idea of using Fesco 'K was dropped the first of -1964-. (verify) ` ' '.?$ Research then started to wrk oa-.aa entirely different composition for a strosgo .! less dusty Tosco Board* Test runs were made at Hatches and Rockdale during l$&ka (verify The cost for this Board, called Improved Fesco Board, exceeded the cost of the old Board by g . /MEF* '. The Israroved Fe5o Board proved to be so superior in all fora of strength and lack of dut as compared to the old product that va chos t disregard th added cost hud to standardise; on Fesco Board, with a revised formula* Production was changed at both Hatches and 2ockdale0 ; ;. . s had the Hatches In^sroved Fesco Board tested at the Pittsburgh Testing Laboratory la comparison to the old Fesco Board and hh 0-C product* The tests shewed 0*0 . t be about 500 lbs./sq* in* (verify), the old Fesco Board to be about TOO XbSe/eq,,in. (verify) and the Improved Fesco to bo 1,5&> lbs/sqin (verify) . . 'We had a January XS65: Hseilcg at Research with Detroit Architectural,, Bagiaeering and Automotive Personnel and we performed physical tests of Old end Improved Fesco Board ;; and 0--C Fibergles in front of those gentlemen* As a result' of their noting the vast ..i difference between ths OXet and the Improved Fesco Board, we obtained approval t bid upon Roof Insulation jobs, for Ford and Chrysler and we have sold many millions of ?' board feet to them nines this Meeting* To date wc have not had oat complaint on any of . .'their jobs except for the inability, to get enough Improved Fesco Board* These Firs ;; wereeighty .impressed'with the Improved Fesco teste to show it took 120 lb6*/qnftc to simulate a ,ro!cw~o" which is a safety factor of two for the Factory i%fcual requirement* . Our sales of Improved Fesco Board are greater than was originally forecast and our revised forecasts have been multiplied in order to try .and obtain new facilities that can produce to meet the demand* . ; i .; K. 0* HcElyea HOMjtral PoSo It is important to note that Barrett sad Philip Carey now approve ths us of Improved Fesco Beoaarrdd,* to does Rufebroi for closed metal roof decks* EKUIATX PUDDOCT PMSCT AFPLICMTC&S FLMMTFF'S EXHIBIT NO. (CHRMOGICffi) BATES NO. 0 G'o PATENT SERIAL m. dX, ^S'Q- (& 3 AmEDR*. /. Swnif&f ASSIGNEE: SeAi/xcM DESCRIPTION: (\w) a?/?xva^ t / f~* r l / * y/8 e c- a?, + Tfe . </ iDZ J ' y /'*/** /?~s f . /ni*r SEME OF ART: r;j/W ^ rtrt>ry, ' s;a*#/fi7n *K y MSD. KJOffEDGE: \ /"Ji' rvfa s?S 61s! USE BY NAVY: A /h0jh&3 fjrf . ./J \OlsJfaiL / <^V7 ^ /r/te . fa1 &s CffS/RE!VIEW; ygilB. !I . As requested In your letter of- 3 September 1945, there are enclosed for your information the following Engineering Experiment Station Reports covering high temperature insulation block: ' 6167 of 26 July 1934, PIE-TEMP Brand of Pipe Covering, Block and Insulating Cement. 6442 of 26 October 1934, Improved Superex High Tern perature Heat Insulation Block. - 7559 of 31 July 1936, Carey Hi-Tenp Ho. 19 High Tem perature Insulation. . ' -- B-j-1666 of 1 February 1940, Eagle Supertemp Brand. Heat ;-> '=^ . Insulation Block. ._ ' ^:92p57 of 22 August 1941,/ Schundler #121 Brand Heat ' i Insulation Block and Pipe Covering . . . ft***H These reports are furnished, with the understanding, that they will be considered a matter of commercial ; confidence. ' ' Re spe.ct fully, UuxSv 24aritlme Commission " Washington 25, D. C. . ' ' *, ' . ' ' . . L. i +-Vf=' ~ * *" * -' ' ' ->. -' *.-.' - si >' vi ; \ K' *&&* -'-\^.V'-^V'?- ':'-?^4 -`^ #. 't!../ .. .1, ': ., ..<- v% . ; -. ` . V-'- *v. ' >' +: - ' \. . ";: cm Box 91 January 11, 1968 -t- ; Herbert Morton, Ball ] v .,,* s*.. . MWJMj audit krtter ; ' ' '' '<fi10 attached U i*. t*:***7?**'*?' ... - -,' . , ,, Tsffla ; '# -- ... Warren Max Deutjsch Att. > . ._ ` . .. %ir ' *-..' / ** *7^^ 9 '' " ** .v ' ~ INSTRUCTIONS TO DELIVERING EMPLOYEE | / Show whon to whom end (dAslJdvdarialidants! j--i Show to whom, whon, osd [--> c|h_ar1getsddrmeqssuiwrehdimfadratlihrttwtel lereIk_t_s)! mSMo iaciSndertals iH*3'0Hur j , HPr-eia* receipt ---~J 2h*umbered-ar*to~de___*_e__rih-~-.t*-r- "t*/"* >."14, BroB- * * .^F -* ' *v '* ;- /..'-:>. .7 ` - *. ,'* " 'i*'- . . .^- -,,.i , '*', .. ,. r^iv .> .,* . . . - * - t; \ ; .. rt .-' '7v' ` '..",' : >>;. ''/ ,/-. ' ; I , >: . ..js-i , -r-;;.:- :. :*; . . f ' * " i.,: r* ..'V .. . 1 - v " fe\ 1' ,-JV'.- . , . ' .. -. vt .; . . bnivan \ .. T rf' *." IPS -/-a kV<*-;'*? >'..!?: ?y\y ? v* v- ' -J #?1 1 |Mte! gi i&sH usi |ffj sVtK ^ ; i HP y -. successors dos ssst request delivery f &y gypsu r ,y for a; period f few year, tht .reserved; 'interest la t *-' o.- Fibrofedard. shall te e@wik to.Jtohta-luyiU*^-la tko.'- . \ < & .'->*-/-'y'.y; vent that Jfo&B8*iuivUl eases to engage f stains ; * V' ' opiratiOBS. oa th premises, 'the..-' interest .be- . ' ' "y }yy ... " coses'a full--ae-third-interest'is:th gypsua or i . . _ th'' ground, . y _-,.' ' y,. : J- ./ ,. .y ' '-"-' . ; ` - _ '-2a|addition,. johin>Saiivlll has 'entered 1st a contract .- ih'Fibreboard-hereby for five years Fibreboard ill .' . sra^ply the:-'plants.-purchased fey JTohns-H&nrille with cr&-' . faced .and-grey-back paper, at prevailing narke't prices for use^ in ..th 'aanvfacture of - gyps'us board. ''. . , . y'.@. .loyalties' and Fees: - . * ' '. , \ '- ' 1 .' ' \ > .. - ' ; ~'1 A 8 Flamingo" Foam . ,/ -< ,. '" . ... . -p'^ ' - *v '. . V ' .. ' . . ^hns-Manvill Ibrodnct Corporation baa 'tersinated' its :, P' '; .- -Asjpst.5, 1966".agreoeat, 9lth..A"8;,naiiBgd Foaa;. -il- . : - > 'p..though -;th 'purchased 'tudw .the agreeoent"- has- feeea ; * : /:y: v ; iastallcd ,aad.; apprsi@tly, $270,,00; of. the; $20.,i)p0' y . p 'purchase ;pr:ie im :been ;paid^tlhns-Manvill takes^" the p. P : position that'."the' plant is not fulfilling th - representa : . y tiohs. -.aade for it. Sorooyer r `a - eery substantial:. - quest ion' p h.-- ' exist; as to whether h 'S'.Fiaslngo !- had the. right to ., .-:..p.' .sol^l.'t^ s.*jEaoe-hbew riBeeleed- in the plant* production . - processes and Johns-hanville is presently atteapting to ' ;.,' ' .'.purchase-said 'kaoe-hoe" for sas-in the'United States - . from teo.-Danish, nationals, Messrs.'^r Wolff and Henning ^ Kaaber.. ..' , ' - ' "' . ' .- -Ta addition to terminating-"th aforesaid agreesent and . ' , . refusing, to. pay "royalties on future production, Johns- . ? ,<. Maavill will fi.le'a elate with .the liquidators of & S ., ''- . "' , ' Flaisag Foaa.Cth company asw is. wia liquidation" in .: . r SessEark) for. all. ssoaie paid'..I excess of . the fair value ! Jo: -th' Installed:.plant ' 7hls elala- prlsarlly will be . ' '.j' forirepayeent'of ..Honies paid for '^aid ' .uhstahtial jsrobability th "ksow-lpr" afore-.. of litig'atioa exists. .. . S. Acquiaitiohs. and Dispogitionss : --> 1. See-Section h CFibreboard Corporation! Puerto Rico ifarbi Industries,, fac^; .Sn'-August 31,' 1087,..'Johns-Manvilt'Corporation sold`its 50% interest i Puerto ftico; Karbl Industries,. Sne..i\.- . r. An .asterisk Jn th aargin`.'aext-.t6'.'in' entry".Identifie a.pre viously reported satter. . ..- y . .. -. . . . . \- *. '. 'V-.. f ..V :4&: B "Si v" '. i i ' >' t ' * , '. - * ,' * r ! r 'y s... ." 4 * * * ^ 8* . ,- . w( -,' Vf .* ss fen > . represented by 800 bar f the esaem stock i the '.-. ; rpraiS.@ fog? a gri@ W;$390,170 lib ,3% laiere^i . fro 1@ t@''Aoguet 91.1967* ' fte.^urchasorwas i'j ail . ' -Puerto llco .'larblfe Iadustriee, Ic. . \ ,s ' jf8fepe.ll ? ' ' '* :i' * "' 'V:T \ '"' ' Y ' ' ' ' Yludustrlafe IfaltanhiY fise.g''., Y'-;-.;, ,i\.'-- iSp] f$ig3? g(fedi 1| . a /feuguet 'SI,5 1W7, folm@-^&siyll@ Corporation sold , 983 shares of 8% ewalmii^ preferred stock of I . : dusiria li&lliasa, Inc..to 'Stoerto Bic:.lSarble in '".dustries Xadi. -for .$9,830-'vlth. 0% interestIfroa- - : . -August .1 to. August SI, 1967.- This transaction w& 'part, of .-the'disposition involving the sale'of.Johns feasrirl lie's 50% interest ia Puerto Bie. Barbie ladus- .."tries, Xae. .' J ..' , < ..'.;-`-_/iv , Y " ' 4. Ifairersal Company9 Ltd. CMEW] ,.' ' Q Sap ',, 1967, Baring, Brothers % Cofepasy, M4, :pttr- , eliased, i,O0Q,:000 :Ordinary Sfe&reslof''BAM tr<m . '- Maill@ ..Gwporstibfe for a price of lb 637,500... D. . Claim &sd 'VV- 1, `ibliite 1 - ? ? .. V, ; y . . ; ;'' ;Johffi"Baille: psrc&ased-. $450,000. f ..hoods'..;.in:'..coaaeetloo i-Vwithvaypipe'^Oipder^for:;:'- project is &isoaa;%hich is sot progressing. W@hav iater^enod 1 a suit hy Hariu . Midlaisda', ehielt .also holds part.: hosds, agalMt ., the TrSste for the-'head isms/for sisapplicatioa of , fasd.: Th@ suit-has been'brought - .ia federal oourt la th Westers district f Bissouri,- It is our sj^cta- - tios that: will share i the recovery if the Court . - : ,finds igftiBst lb# Triiee -. ^ i^r .. :*:*.:. :- v .'.a-, .'' ' :;^c. ` *'. ; , 'l " ["x ', ' &parat to oscliagig ur bonds for otter property &ar-.hes 'V-'..' -', ' ;- 1 -; - . Best- JbtOBotiva Aroduets Co., Xse.V -!** i"" ......................... ii iiin-im a 11 irnni im irmi umih.immii run ui<miTtii n>n'ii~nim n imm niTiim Tv t;: . ' <-. - v . '" Best Autoso'tiy is aa - ex-brake lining eustoiser of .Johns . Manvili. It @k $500,000 -in ;daag. Th grm&mm of a seemsd amended .oosplaiat'warn-t^o-folds-.-.. . 1. Br@acfe of warranty 'i that ia. the c<mre of ' '. selling to plaintiff'we;changed-,buf .brake . linings in such a'way. ad'-'.to reader the 1 in lags unusable for the purposes for which ;' . ' plaintiff was purchasing, the, without 'advis , .f `.v'.--,..<. vS*,: ,,.'r A, .,*-i..* y, ., *> --^ <. / *'< IW , _ * 4 5 ' " "K- : Jis& -* v,w *' ^*> m plaintiff f wch change? ft. That^etiiss-^anwlll iM -'M&3JV' Ino. . spired t tajm* plaintiff*s business . . : .through;--contrast iat@rf@rme asd ?= . ` : Btralnt; of trade. / .. .-' e tev succeeded Is having its plaintiff stipulate 'to dismissal with prejudice of the cause'of action .set 'forth in ufep&ragraph 1 S.T`Donald.-F. Bradshaw and Wamit Immw Br id^hi 3. Sohna- : W&SvTTfeSSI^B^C&r iraiionT" SaX^via--S&ret^EfT!!r "53 : '"" Mtmzii&mrdt Asbesibs" aSIFacfuriBg fe^paays ^ A -r\ The'isal "plaintiff allegedly contracted'asbestosis dar ing hi Hposw .to pwodiMsislBanufaciured by: defendants . m an '-asbestos worker over as 18 year period. . The sale 'plaintiff. Misks.''$490,000. daaages-..niid his wife $250sooo. ''Plaintiffs' filed, an: amended eosplaint claiaing! (1) I . ss@gll:n@; ICS)- strict !labilityi C3> '.-breach'.', of warrant tissj'....(4)' firirad and deceit; .and |8) `failure to ".sssplp. - with the Federal Sagardous.-- Substances labeling Act. . have waved t' dismiss -'the act ion or for sunmary Judg- seat @m behalf of-'defendant-.'^ohns-'Sanwille'Sales Corp oration. ur rain contention is that plaintiffs are . .precluded fro bringing a coneon' law.-action fey the ap plicable Workmen9 Compensation.statute a the sal plaintiff to as .employe, of'ours during part of the . . 18 year period. .^ '',. '. ' :' '. ' ''.-: This case-has''been''referred to..Travelers Insurance"Con- pany... Johns-Manvill feous counsel' and other J-M: per sonnel -haw'-aided'.;,Traveler attorneys-'in'the .taking of depositions in .-this case.. .; . - , .. Dover Ch@aS.eSl Corporation ws. Johns-Sanvllle Sale '. . *: .. -.5; $'8uit -i whists Dover elaiia that'certain CHSHTITK. I Pipe -1, .at Hissed'by it in. Its'plant for' -chlorinating- paraffin " rosin failed to perform.. warranted and resulted J.n . . damages to Dover* chemical production facilities Tin the:amount of $135,000 and.the lose of business and profits in the amount of $30,000. It I our position . that. plaintiff did not in fact asthe pip as it had ' told'u it .would'nd that ..therefore w made'no'warranties with' respect to" th actual as that plaintiff in fact Si affected. . . . . . ' ..... ' , . -' ',- In. this court act ion 9 procedure for, discovery of ev-;i.. . dence are now in progress*-'* >>* ... ' *" , Lakes Coywffttlw vs, Jofans-Kasylll Corpora- ~~......." ~~ '.* _ : \ . v. , I'M H.. S.. DistrictCourt for tte latr District @f Illinois ha dismissed a motion by 6?sat Lakes asklag the court to bold -fohss-Msnvill Corporation and JbhBS-Banvi.il Perl it \ Corporation la eontbapi;of a catmint deer. ntrd is it*, a court is 4959, gainst F. , Sshtradler ft. Co. Inc. for ffe'lit Board''patent "infringtaat p. . to toe<gbr 1, 1967, toe&t Lak@ docketed an appX f its . dismissal lathe Seventh Circuit Couri of Appeal. Th# appeal is -apctd to b heard before, thb'-susamr of 19S ' :fasly Manufactgri^^Corpormtioa' vs.. Cleveland. Hydraa-lics. ? Coapany e^^oha^MSavTflW' ialeg torporaiioa. TT: Imloj Manufacturings Corporation is Ming i this eoort neiiisn a purported grmp of ;i*itrrlaid corporation (t'h'"Aaalgsaa tion*'), sad Johhs-KanvilX Sal Corporation, alleging that ' during, ih year ;!963 Insley purchased1:, fro'.th Aaaalgasation 900 hydraulic: cylinder to b installed in Insley's hydraulic; hack-hoe shoela. Plaintiff elalos Cl) th cylinders broke : dews? <S) eau@d breakdown 4 'hydraulic brakes : and &rk -.filters ia th hovels? (3) that th piston packing employed " by th Asaaigaoatioa in th cylinders sold-to it. was not fit . for th'-.purpose and that thereby Johns-Maavill breached n express warranty f suitability.'for 'particular purpose; , :,. (4) that th packing was unmerchantable; '.and; (5)' that JOims- :Manyill was negligent in not knowing"th foregoing. lnsly claims damage in ih amount i $0,000 fra Johns-MaiavilX .. msd $450,000 irosa the Amalgamation. ; '- '.. . Jobas-Msmwill fea admitted the. aal. .of'certain'.packings- .; " but -tufts'.generally fSeaied :the' grav&nen @ th eonpl&i&t; " eoapahies'constituting-the: Amalgamation have answered p- ' ' arately and acts fom denied' liability. 'St i ur expects- > tion that eventually Cleveland Hydraulics Coapany,:; on f ' . th.cospffis is th &a!gasiia will desand .thai.v de . .. fend it sis&d 'indemnify'it <m th theory that if it'.is liable* w. ar liable t@ it.-" .' ,. - - -i' ,f Ieedur@ for discovery of vld@nc are"iKW.'in,^Wf*,ess.: .-. -.United States of America vs. Johns-Kanvill Corporation:. . _ i. . ." . .. * . ..--. .". .-I :! -. - - On. September 11," 1967,-.final-, judgment was entered "in favor f Johns-SSanvili 'Corporation in this action in th federal. District Court. ' ; - . . ... . - a;.;. >: &:h** $ -I:. > '>V'? ''? 'v ^ ! *.i 3'.. *' .^r-.y .** :' * '* ' . x*',i ' . ., ' ` ,V ." / .. - - s ''* ` - '* ` -' . ': Th hm dropped tpi t appeal the decision Ob-January. 3, 196 9 Boa*''Srvl 1 Griswold, Solielter , .. , General, a tohalf f the-Salted "wrote'.to.' tti '" t ^ , Clerk. of-.the ^upr Court of th@ Halted State to infer g "'"' :':. ..'th Court of;the decision to drop the &yg"l as follows; ; . : MAfir further consideration,'-? have ..decided, not . . - to parstss the appeal fro the-final judgsaeat of .- the.district ourt entered ia th above ease n Spt@feer 11 1967, dismissing the c@plait ... . , against--th Jha-8awill ^ Corpiratic .;' Since-Sr- Bostic Brennan on &emh@? II, 1967 .. . extended the tine for docketing on'the basis of . aa application stating that. I had, authorised th.':- ; .'.'appeal,' would you-please forward this letter to : ^ . ` ' th Justice*? ' ' 'This"ease tow i..-eieoed* Bc .United States f Africa ys.'Tibradaap Corporation; Frank - ^r dlvand aa lxcToF"ol" tfie'Ei'tato' of -' ~ .Waiter .1^Tiirr^eceaa^:5'f~E^5:::lrXlage~ Fiber. Coapany;' Libby- iiT&m'k feoapaaiy: ' ""'7 : ^ """" ^Action la the.'federal Msiriei;eari for the Southern i~ - "trlet of California/ 6vrn?&st 9@ el&ia.is for."-.$663,211.93. 'with -interest fro July 10, 1953 .-(which sake total elsia in-excess-Of. one. ulilion dollars)..and arises-out .of. a.: re-, oegotiatlon with Tiferadasp f .two lavy prod'ureaent;. contract .' Johns-ManW^.110. i; defending, th action a behalf; of tibbey- @wM-Frd;f from 'whos Johne'-Manrille acquired I^-O-F Siam? - .Fibers which previously-acquired Glass Fibers. Inc. which had . acquired Tibradaap*-- The Gverns@nt*s theory against Libbey- ^ens^Ford is that assets passed, .fro yib-radaap. t;: its .. .,- acquirers to which .it-can look for-'.the''satisfactios; of it elaia,; .. - " -.- ./ ., 1 7/ i, /;'- -. .'-J- - Ga {October-17, l9&Ti u^iary judguent. was'granted in favor of .|the--defendant{.Suller* iadividually mad is hi representa tive capacity, the Court concluding'that letter written by Muller @n behalf f.Walter Muller. and' hia^elf. a ?ibrdap stockholders, was a'dt an agreement to. pay stsss'due {tof-the : United States upon renegotiation and that if the letter #as|, construed as a guarani of payoent of ...such , ihe.i'Muilers wor released'as-sureties by reason-of failure ''to notify.; -; the f th renegotiation'proceedings and fro delay .fey the sited States la filing its.ciaiu against the Mullers'.as-y sureties (United Stales ^nly brought suit on.the-1951 con tract in 136)9 ; ;. ", .. -;. ; { :' > . ..- ,-. - ;. - ; -f" K.  % '**?' i*K. i'iV&***v '>,-V' &'V.*fy*- >%*.*`?**'.> .?, v.- >>.*,*'#].* ^'v:.?:; $ <yi >":' ay .I.? ;. y ,,; >; V & -elf 'Johao-Haawilld'lM pad# m -offor to'ttio t to. oot.tlo' , tli; eaod'.fdr' St wlsabe Taltw* &*o* tho ooot of . ' tho caad" fortlfer*- 'TbdtGooorMoat -fea aot pot -roa'poHded to - / tbo ootfloMBf .offor. ?* ' . . ; Tillage of '.p Salb8 BIsbobtI Boadas ''Johns'-ttairrllSo" purch&sod'$504*00'.oorth of waterworks bcmds ' . with a reparefeas agrB@ai} based si a legal opinion by j ' tho Chicago: law f 1m of Chapoaa and Ostlsr that th bond . . ~ ftamo. ;oao''valid* ,v . ; , ;. .. ' . . :. .\ . .. . . W oil 1feogia) salt for a declaratory Jodgoeaf to declare r ; .. bond invalid, A coopting water'district has -begun to lay :. pip in els proKiBity to ih@ area feeing crwd fey tbs 15 ; '. '-Kalb. Districte Tli Ctep^a and Sutler law fir which gar ' - tho bond . opinion, 'lias ibooo' notifiod;:of. wr-lBtMtiM.;and,liaa 'I ' tmmn imit&d to ^cm jpoirty. , It is ..'certaia tlsat ;:tliy ;' . , . wili;'dcl.iai -v8ieswwr# ft my, t>. possito'1 .-fo'-?srw ihoa la . Missonri aad. Join -tfeo @@ parti@o to our action withoat . '.. th'Oir coaseata Ircsa if w eameot ^rocood against iChapawa-; ; >; ;-r aad Sutler .'..is ..iodbiiri. It i ms? iotoatioo -thatdftor .io ; ' " .; haw @;JodgEitf ;dclarig. the invalidity Of th Sjomls in ` Missouri s; t@ take that Judgment ^d t ts pa it in th . - f@dral .'courts-ia Illinois,' naaiag Gh&pm&a &n& Cutler a a ' . dofoBdaat*;.,. ; \ . '.. .. /. ; ' .. ; .-1 -1' . .fory'/troly. yMn*s," A jlj H Gail . .. v,~' ` ^ ' . . / w r-";. - -r J.;-V ^ ' ;v. * ' . V'-'.vv' " . * SI . *v .. i . f .r- .. .. . >w . **,. Since preparation., of'."this 'le.tter ,0 tiid Government*'* re~ > s'ponse'' has been received. The Government has rejected ^the settlement offer and counter-offered, proposing to .. 'settle fpr $200,000. - . ^ ' : WAR P^pbUCTION BOARD WASHINGTON, D. C. November'<b, 1$U3 %<- C ?.. '< - . ' POLICY DriCUMENTATinN FILS LOG NO. CUSS; NO . 3;i>f : ; in Ntpuy * CAFO -- MEMORANDUM jj- ! ' fog Mr. 'John J. Hall' '/ Deputy Vice Chairman'for Indiestry Operations h006, Railroad Retirement Building From? . W9 T Msloy, Director _ . Cork, Asbestos & Fibrous Subject i Essential Plants."arid' Ifenpowar. '. . . ' . - >** - i, ' . '. This' Division"MslJno"'plants "under dts- jurisdiction fiber* lack of mhporor 'is'!:;delaying':Hdiar`iar' schedules, Asbestos, - Cork,- Fibrbus'Glass, Gaskets and'Shims'-are chiefly component parts arid' nigh raftings' have to date' insured delivery on critical programs st the sspehse of less'critical ehd'utesv' f : ' - ` , However,, we .wsijS;td`"p6i^t,;'6ut"that'" .there has been a steady decline.,1'in 'prbducti<m.-iii:''t^e8e'-.es'sehtiar components over a period of several aKJa^is due entirely'' td raanpoTOr shortages, and not to lack ofaaaterial. If'tliis dieline is hot`halted at a very early date the results can defeat a considerable share of the war program, ' These ee3^oneat rparts are 'essential''pa th@ completion of all ships 'whether 'war 'or ::.eargo|:"tb'th higli "octane, gas. programj all. internal' combustion engines 3' in fact' the entire mechanized economy of the country both "war-and civilian. . :'. ' i Sed'avjge of :tfe@se"'facts}srid bccsuss in' certain of these, components production''h&s''dr6pp@d''to'idahgerous minimum, and be cause there is a definitely "growing backlog OftAA-1 ratings and a definitely increasing time lri|'in dsliveries> we are submitting a list of pl^ts and end products jdiere jaahpower should not be allowed to go belch its present leveirif serious bottlenecks in highly critical programs are to be^v ided, , ' ; These plants iiS'^<.BeejG:stri^ped .to a'dangerous minimum of manpower, arid their`operations 'on the designated items should not go below.'present.minimum,..':*{ . \fV' Hr* John.J. Hall m November 3j 1^3 1. Asbestos Marine Type Fireproof Insulating Board known by the tradenames Marinito anS Marine Sheathing- 7' ./ , Jchas^MiunvilX Corporation North Billerica. Mass. , Thsss materials are used only by the United States Maritime Comsission for fireproof divisional bulkheads on ships. The company has better than 6: months solid backlog on AA-l rated orders for this purpose. i '2. .85# Magnesia -and High Temperature Dlatoaacsous Silica Insulations The following companies manufacture this material ? Philip Carey Mfg. Company Ehret Magnesia Mfg.`Company Vohns-Manvills Corporation M * If Ke'asbey & Mattison Company Plant Rubber & Asbestos "Works Plymouth Meeting, Pa. Valley Forge, Pa. J 4&nville, New Jersey Redwood City, Calif. Waukegan, Illinois Ambler, Pennsylvania Emeryville, Calif. : Redwood City, Calif. 85# magnesia and high temperature diatosaceous silica insulations are currently in great demand for the insulation on high tempera ture piping and surfaces. This demand is chiefly Maritime Com mission,; Navy, High Octane Gasoline plants. Synthetic Rubber Plan and Steel Plants. Backlog on this material, AA-l rated orders, is approximately lh to 21 weeks. 3. Molded amosite and Wo^en Amos ite Felt Insulations. Union Asbestos A Rubber Company - Cicero, Illinois S! : " n - Paterson, New Jersey These two materials;are; used primarily by the Navy Department for insulation on combat vessels. The material is specified ont- right in the case of destroyersj light and heavy cruisers, air-t craft carriers and battle'ships This company is the only manu facturer of this material* ` : :; h Other High Temperature Insulation Asbestos Limited, Inc. Millington,; New Jersey F.- E. Schundlef & Co. - Joliet, Illinois This material is very similar in its use to 85# magnesia and it is essential for the same reasons. Mrs John. J.' Hall (3). November 3, 19h3 Asbestos Paper . i. .: The following companies;&re manufacturers of asbestos papers Atlantic Asbestos Gorp. Burnside Company' Philip Carey Mfg. Company Bn jt Johm-ManvillQ tJorp. : M; n ! '. ' H K. W Keasbey & Mattison^ Company Norristown Magnesia and Asbestos Company Ruberoid Company Smith & Kansler Corp. Standard Asbestos Mfg,: Go* - Bronx, N. Y. I - East Hartford, Conn. ; > Lockland, Ohio , - Perth Amboy, NewJersey : - ManviH, New Jersey - Pittsburg,: California Waukegan, Illinois - Ambler, Pennsylvania -Norristown^ Pennsylvania - Erie, Pennsylvania - Linden, New Jersey - Chicago, Illinois Asbestos paper is being';extensively used in the manufacture of laminated asbestos paper'pipe' covering which is an admirable substitute for 8$% maguesia under certain conditions As indi cated, magnesia is very! critical. j 6. Asbestos Textiles Asbestos Fibre Spinning Co. Asbestos Mfg. Company ; . - rt Si 3! Asbestos Textile Company Asten-Hill Mfg.;Company ' Carolina Asbestos Company ' Fsrodo & Asbestos Co., inc* Fibre & Metal J^oducts, Inc. The Garlock Packing Company Johne-Manville Corporation Keasbey & Mattison Company ' Philadelphia Asbestos Company Raybestos-Manhattan,- lac. ' j; ' n ; n Si&adco Brake Lining Company Thermoid Company :' Union Ashestos &" Rubber Co. U. S. Rubber Company ; - North Wales, Pennsylvania - Wabash, Indiana Hunting ton, Indiana ' - North Brookfield, Mass. - Philadelphia, Pennsylvania - Davidson, North Carolina - New Brunswick, New Jersey - Downey,;California - Palmyra, New York ; - Manville, New Jersey- : - Ambler, Pennsylvania - Norristown, Pennsylvania; - North Charleston, S. C. f . Manheimi Pennsylvania - Houston, Texas ] { - Charlotte, North Carolina" - Ciceros Illinois - Hogansville, Ge orgia Asbestos; Textiles are generally in demand for military and essential civi3^n us8 land are governed by strict allocation under Order M-283. They are; used in ih'manufacture of Navy cable materials, mechanical packings and gaskets,; friction materials, safety:cfothing, aircraft. etc. mm Mr. John.J. Hall 00 November 3 , 19h3 ni ,(&spressed Sheet Packing Asbestos Textile Company 4 Colts Patent Firs Arms jifg. Co. The OarlockPacking Company The Gatke; Corporation ; The B. F. ' Goodrich Company Goodyear Tire & Rubber Company Johns-Manville Corporation n n ; tt ' Keasbey & Mattison Company Raybestos-Mmhattan, Inc. Theacid Company - North Brookfield, Mass. - Hartford, Connecticut - Palmyra, New York Warsaw, Indiana - Akron, Ohio -Akron, Ohio - Mamrille, New Jersey " Waukegan, Illinois - Ambler, Pennsylvm ia - Bridgeport, Connecticut * Trerfen, Net? Jersey Compressed' sheet packing 'is required ms gasketing ; material on steam, oil, and other liquid or gas lines. This material is vitally needed by the Navy Department and all industry. At the present time practically all of this material is going out on AA-1 rated orders. The backlog on industry is quite considerable, 8. Asbestos Friction Material American Brake Shoe & Foundry Detroit, Michigan Asbestos Textile Company i North Brookfield, Mass. Atlas Asbestos Company' j . : North Wales, Pennsylvania Ferodo Asbestos, Inc. New Brunswick, New Jersey Fibre'& Metal Products : Downey, California Garlock Packing Company Palmyra, New York C-atke Corporation Warsaw, Indiana Grizsly Mfg. Company ;; a Los Angeles, California Paulding, Ohio Inland Mfg. Division Dayton, Ohio . . Johns-Manville Corporation Manvilie, New Jer-^y 4 . w n [ n : Waukegan, Illinois Lasco Brake Products Corporation Oakland, California Marshall-Eclipse' Division rnroy. New York : L. J Miley Co'of Indiana North Manchester, Indiana MoldediMaterials, The.i " ; . Rldgwuy, Pennsylvania Palmer Asbestos & Rubber'Corn Chicago^ Illinois ; RaybestoS"Manhattan, Inc. Passaic, New Jersey Bridgeport, Connecticut Manheim, Pennsylvania Rossendale Ruhoil Company ; Newark, New Jersey Russell Mfg. Company , Middletown, Connecticut Scandinavia Bolting Company Charlotte, North Carolina Southern Friction Corapary ; Standee Brake Lining Company Pinocay North Carolina Gleasondale, Mass. Swan Rubber Company i Thermoid Company - I ; Carey, 'Ohio f . ; Trenton, New Jersey World Bsstos Corporation ; Paterson, New Jersey Hr*. John .J* . Hall ($) - Koveniber 3j 1?U3 n Friction materials made from asbestos textiles ~re at the present t.ujitg, o tus and the ;T* ubfc and Bus Program. IThd molded ' . friction materials are going to both these programs ana to essential automotive civilian use. With the present forecast on the Truck andfBus- Program,] we deem it vitally essential that these materials . be produced in order to maintain all types of. equipment requiring ; friction materials. : : ; :; 9. Bi-metallic Friction Materials ; S. K.-Wellman Company . Cleveland Graphite & Bronze Rsybestos-Manhatten, Inc. TM Cleveland, Ohio - Cleveland, Ohio * Bridgeport, 5 Connecticut i ; Bi-metallic friction material is a heavy duty especially designed friction material that`is being extensively used for the Aircraft, Tank, and Truck Programs. Every piece of material produced: is . vitally required, and a definite shortage exists.: i 10. Packings & ^Gaskets ;* 1 Practically all. of the manufacturers ofasbestos textiles are mamfacturers of asbestos packings and gaskets. In addition the following companies are manufacturers of packings and gaskets s Akron Metallic Gasket Company - Akron, Ohio ; Armstrong Cork Company : - Lancaster, Pennsylvania f Chicago Cork Works Company - Chicago, Illinois : Chicago Rawhide Mfg. Company - Chicago, Illinois : ?! M' S! -- Detroit, Michigan : Qiicago-Wilcox,'Inc. - Chicago, Illinois C.] Lee Cook Mfg. Company: - Louisville, Kentucky Crane Packing Company - Chicago,: Illinois 1 Detroit Gasket & Mfg. Co. - Detroit, Michigan Durametallic Corporation: - Kalamazoo, Michigan Fitzgerald Mfg. Company ^ - Torrington, Connecticut FlexitsiliciGasket Company - Camden, New Jersey France Manufacturing Co.: - Philadelphia, Pa. The Gasket Mfg. Company . - Los Angeles,; Calif. Gits Bros. Mfg. Company - Chicago, Illinois Goetze Gasket'& Packing Company " New Brunswick,!N. J. Laminated Shim Company - - Glenbrook, Conn. Lead Alloy Products Company' - Detroit, Michigan McCord Radiator and Mfg.; Co. - Detroit, Michigan Melrath Supply & Gasket Co - Philadelphia, Pa. Metallc Gasket Company ' - New Brunswick, N. J. Michigan Leather'Products Co. - Detroit, Michigan Mitchell & Smith, Inc. :; * Detroit, Michigan Mundet Cork Corporation 4 Brooklyn, N. Y. National Motor Bearing Co Redwood City', Calif. National Seal Co. -4 4 Van Wert, Ohio , Revere Copper & Brass Coi, ~ Chicago, Illinois 1 Mr* John.j; Hall (6) November 3, 19li3 Mor-^town, N. J. Schwitzer-Cumains Ccsapany Indianapolis, Ind Syntron`Company ' I - Homer City, 'Pa. Universal Oil Seal Company - Pontiac, Mich. ; WesternjGaskst & Packing Co. Los Angeles, Calif. : ' Wolverine Fabricating & Mfg. Co. - Detroit, Mich. ' : Victor Mfg. and Gasket Company - Chicago, Illinois ; ! !. ' . .. . . . These companies are making gaskets that are vitally needed for the Agricultural Program,; Ordnance Program and Truck and 3us Program. Mechanical packings and gaskets are vitally essential for the mr effort and practically all equipment requires a pack Ing or igaskete At- ths present time there is a very considerable backlog on all types of pickings and gaskets. | Although the foregoing list is a large one quantitatively the greater number of these planis, especially in the shim and gasket business, employ relatively few men; : The actual manpower needed to secure necessary production is exceedingly small in comparison with the. importance of these component parts and the manpower eff orts which could be made useless through lack of these component parts. We therefore request, if it is at all practical, that the firms appearing on these lists who are in critical #1 areas be re ferred to the local committees with the endorsement that their man power should not be allowed to go below the present minimum. W. T. Meloy \- ' .v.. .5 Q H N.S..r W'A N Vl'Ll:E , .s ' . '' SALES CORPORATION K):;;......... ; -::::T'fft DUSlfTUAL: {NSU LAT 10 N S' DIVISIO N :-A-v ' \ ' .?vr. , '/'V : ;V.* < f..-- .KS- ' r. /.\S-} :;r; :v. Z.'/>.vV ^ u'^ncwenber '17 L-"r;lV-: v7'7,' .... /\YV. - ^iv; -j-. -7-:-: ~ry:; i ;::::' J3gp^txent'o"^f.{vi+hVsi.i''HVsTEw"." .'''..w.r.;-^v.. -r -.-,r.-:V^rLV- r. ?,=.; ofvShlps tea.-. wV; " ^ - y >. - - . .-.: :. .v-.'. ,r. .s'^-. . - -*v - r~r ' ' - ` /; / ^ ` .*---- ~ .'.1 y. -a a:; vi'. Y v, ~- Vv':* v-'. J - < - '* ^ ^ .r"* v' .-;;:ii7. YY Y;.'.... / ; . ...... . - ...: -:. . . - :, .-i.--*.-,v -. :'V.-Vy/ 'y~; ;.-> .'. ...... I-" *.: '. l A-- * * v. v^* . v. v. /. a* r/'T: ;'.'--' -i-a ' v;:,-, -. . . -* *, "T .* - '.'* ^ ^ .' , '.' ` r - -- ,j - ";'/ ''-V-; * 'ty\ r.. ^"fC ` * m , *k * ` ;.v j. * ';**:.*. v .. --v,v v:r. '/ *, ** . *X` . ... 'f ^ *". .* . * ^ .* : ` j ' < * . ' . a . s'.. ; ' f-'L'T-? . A REGULAR; MEETING OF THE BOARD QF DIRECTORS OF: JOHNSMAN VILLE CORPORAL I OK was Held in the offices' oi the Corporalion on the 11th floor at No. 22 East 40th Street i New York City, on Wednesday, the 16th day of September, 1959, at 9:30 in the fore noon . quorum: The following Directors were present, constituting a ' Henry C. Alexander ;: . John D. Biggcrs . C. B. Burnett Edgar G. Burton . : : ' .. L. M. . Cassidy . ' " . A. R. Fisher . t Joseph A. Grazier \ ' Roger Hackney ' . John W, Hanes : . . : , j. | C. F. Rassweiler ' ; 1 ,J ` E.: M. Voorhees . . ;. A. R. -:Fisher, Chairman of the Board and President of the Corporationacted!as Chairman of the meeting and presided thereat and Herbert MortoniBall, Secretary of the-Corporation, acted as Secretary of the meeting and kept the minutes thereof. A aoticeof the meeting and affidavit of mailing the same to all the Directors of the Corporation:were presented to the meet ing and, on motion, duly made, Seconded, and unanimously carried, were ordered filed with the minutes of the meeting. The members of the Board of Directors had been furnished in^advance:of the"meeting with most of the material which would be of value in aiding their consideration of the matters appearing* in the agenda book. In his Monthly Report, the Chairman advised that in order to:produce the quantity of Permacoustic required to meet the sales forecast, the officers of Johns-Manville Products Corporation pro posed to.enlarge the finishing department, replace present finish ing equipment .with improved and higher speed facilities, and add a high-speed drying even at the Alexandria Plant at a cost of $519,060 (of which $131,660 was expense). In addition to increasing capacity these moves would also reduce costs. The return on investment was . .28%. . . ' . . " .: ' The officers of the same subsidiary proposed to expend $830,130 (of which $270,000 was expense) for the installation of facilities in the Pipe Plant at Watson for the bulk handling and dust control of raw materials which, by their nature, were very dusty. An unsatisfactory condition existed not only in the immedi ate working area but also in areas where other personnel were lo cated, The proposed equipment was similar to that in operation at mm sr" I 3..: A. other pipe plant s. Mr. Fisher advised the meeting that the Watson W Vi i or ig inali y. bui If in 1937 , at which time it "`had a capacity of 16,000 tons r;liu au annual value of $2,00(3,000. This capacity was enlarged in 1947 and was now turning out 77,000 tons valued at $15,000,000, but without ary improvement in' the.original dust con trol system. He pointed p.t t that dust counts;.were still above, the State of California and Johns-Manvi.lle standards. At present potential liability for compensation for employees already affected by these unsatisfactory conditions was over $1,000,000 and the con ditions must be corrected. The .expenditures required solely for. dust control amounted to $449,130 and would yield- no return. 'JThe expenditures required primarily for dust control but which would also result in some cost reduct ions amounted to $3SI,000 . and .the. yield would be 10%. The total amount would be expended at' the rate of .'10% in .1959 , 50% in 1960 and 40% in J961... . . . "; After discussion;, it was the consensus that tly . proposed expenditures, by ' John's-Manv:'ilie Products Corporation were ' jOstified and.it was recommended that the officers of the subsidiary'proceed in accordance -with their plans. . ; The Chairman, in.! his report, also advised that 'the.'Opt ion was exercised pn September ;15 to acquire F. E. Schundler & Go. , Inc . for 148,000 shares. Additional negotiations since the Board' speciai meeting on August 31 reduced the price by another 1,000 shares. The closing date would be September 22. The patent suit brought by Great Lakes Carbon, which could have involved a liability of $500,000 or more, was settled through direct negotiations with Great Lakes Carbon on a-satisfactory basis. 'The `'suit was" .cancelled . 1 Johns-Manville|agreed to recognize Great Lakes- Carbon's patents and 1 to pay a royalty under certain defined conditions. A satisfactory royalty arrangement alsd had been made with: three of Schundler super- | vising personnel forfthe production and sale of an acoustical product i developed by tliem. Several samples of this product were submitted ' t.O' the'..meeting-1 Notices of this acquisition would be distributed to p employees of both organizations, Friday, September 18. The press - f would be given fa minimum of facts about the acquis it ion for publi- : ] cat ion on MondaySeptember! 21. Plans: for oper at ion of the Board ; ' Plant by the Building Piffodiicts Division, and the ore body, mill and : the remainder qf thei business by the Celite Division would be com- i pleted, and personnel was now being interviewed to determine those who would best jfit into ithe organization. f ; The Chairman's Report further informed the meeting that Johns-Manville had been offered by the Kennecott Copper Company a part interest in the development and operation of an asbestos fibre mine in Greece.] After careful study and consideration, management did not feel thht this was an economically desirable investment, and therefore hiad advised the Kennecott Copper Company that JohnsKanville was not interested in joining with it in this venture. The Chairman briefly summarized a report on the status of appropriation expenditures, September 1, 1.959, and a report of .f ' v - - Jf m: co.ti]:] rt v v.c.t.- fry Of .Sop'tc-IWK f 1, 3 959, -a lid also called ritten- t ion to the data on; Division operations, ail oi which ioi mod pal t of tiic a r on do' 1-j r> the possess ion of live Directors. : /[ M; . f.Fishor tlion' read his Monthly Report as President which presented lateft operating results. He ini.or mod the., meet - ing that August sales o.r $33,116,000 wore $2,900,000 ahead oi laf August with' the same number of working days in both months. .For eight months , j sales . wore'?$247,939 , OOCi compared to $212,739,000 ; last year. For eight months, the cost ratio was 69.4.%- 'r- 3.4 points less than ..'Fast year. Division operating expenses For the year so far amounted to $29,059,000 compared to $23,603,000 last year '-- their[ratio to sales was .2 point less, this year. Oper ating earnings for eight months .were $45,226,000 $14,271,OOy (or 46%.} ahead of last year. For the month, net earnings wer e $2 ,2 7.4,000 compared to. $2,363,000 last August . . For e igh 1 mov. 11; they were $2.47 per share as compared to $1.63 per share Iasi ".year-. - Inasmuch as August earnings were disappointingly low as compared v, it h ; immod lately preceding months , detailed studies, we being made t,o [determine' the causes. The meeting was advised tha; the foregoing ;T953 figures included L.O.F. Glass Fibers .Company. [ . T)kJPres ident 's Report included a "Summary oi S' cur* - ments - 1953 ys.l95P" broken down bv Divisions and by months'for a IT-'Division's | Tin. . securements for 1958 did not include fiber, glass but did} include- .it 'for 195S. . . , . At the request of the Chairman, the Executive Vice Pres ident read his Mont;h2y Report , which presented' a review of current, developments,. Ke informed the meeting.that securements for.the month of.August exceeded $30,000,000 for the sixth consecutive month, and ,, while lower than in July , were appreciably higher than in August 1958. This same situation held,true in. practically all the individual divisions.: The business outlook continued favor- . able. ..Price increases, which chad been, made effective-since the last report , on asbestos :paper . and .millboard , Spintex, fiber -.glass roll/ goods' and fr ict ion `^materials would return/ $136,000 in 1959 and $4.96,09.0 annually,. . In the case of purchased materials, price reductions/onfroof ing granules would result in savings of $12 5,001> per -year . - Nevf monthly records for the [product ion and [shipment of Permacoustic from Alexandriawere established at 982,000 and 916,000 square feet, respectively. Lack of steel for the manu-/ facture of Sanacoustic had curtailed production from a three-shift to a two-shift basis. The Company's current usage was 10 tons per day and present supplies would be exhausted October 7. . ;. The ireport further noted that there had been no change in . the. strike fsituat ion at Marrero. At New Brunswick, on a wage reopening clause, wages were increased 4% and an eighth paid holi day was granted. At Parkersburg agreement was reached with the electricians on a two-year contract expiring September 1, 1961. Wages were increased` 4% and* an increase of 3-1/2% would become ( effective September '3, i960, At Richmond a two-vear contract 9wi| signed which Would expi'r}6 August 17, 196l. Wages were increased 1 a ii'. VVOU I' 3 IKTCIlSOvi c I i eet'i ve nA u `,1U H 1 2 19GO , In . St.ocluuii a two-year agreement; was reached to -Septembei' 1, 1961. Wages wore ,. increased >1a' y. i i h provis ion for. wage re-opening, discussions -on ^ 1 August 31, 19C0. An?eighth paid holiday was granted effective in .1960. ; - . . 'The Chairman called attention to. that part of the agend: bool: .containing rcsolu iocs relating to the acquisition oi F. E. Schundler E Co. , Inc. "... Ther.eupo: , on motion, duly made and seconded., the followinc resolutions verc- unanimously adopted: RESOLVED Hint the action of the officers of the Corporation. in exercising the option .to purchase ill the issued and: outstanding shares of -stock oi F. E . Sehund 1 o r tv Co. , Inc-., an Illinois corporal ion, in exchange for an aggregate of T4S.000 shares 'of authorized but unissued Common Stock ($5 par value) oi the 'Corpora.-, tier) be and the same hereby is in ail. respects ap proved and ratified; . : RESOLVED that the form of the Agreement dated September. 22, 1959 between Johns-Munv i 1 lc Corporal ion and Mr . F. E . OSUcUhUtiUnUd4l.cVr1q.;) 4MUI rQs.i L.X-J , HA A . Sprague UaUnWd HMUr v ZAi . CW ., Marshall>1 C4- a IX 4 -A. pr.eso n 1 e d; .to.-, this - meeting be 'and t h e s am e h e.r e b y i s in all respects approved and that the Chairman and President or any Vice President of the Corporation ; . be and each oi 'them hereby is authorized on behalf of the Corporation to execute and deliver an Agree-', men! substantially in such form with such changes therein as may be approved by the officer executing the same, such /approval to be conclusively evidenced . by sue!) execution, and that the Secretary or any . ; ; Assistant?: Secretary be and each of them hereby is 5 : . - authorized to affix the seal of the Corporal ioc t o'.I .' the;Agreement as so executed and to attest the same; RESOLVED that the proper officers of the Corporation be and , they hereby are authorized to cause to be issued and delivered, certificates for not exceeding 148,000 fully paid and non-assessable shares of Common Stock ($5 par value) of' the Corporation against the sale, transfer andjdelivery to the Corporation of all the outstanding shares of; stock of F. E. Schundler & Co. , Inc., in : i accordance with the terms and conditions of the Agree ment referred to in the preceding resolution; ; RESOLVED that, the Chairman and President or iny Vice President or the Secretary be and each of them' hereby is author-' ized to make application on behalf of the Corporation to the New York Stock Exchange, the Montreal Stock ; Exchange and the Toronto Stock Exchange for the list- in,\ .'thereon up oh official notice ol 'issuanctk ol. the .... additional shares of Common . Stock of. 1 lie Corpora lion the issuance oXiv/hich has been authorized at: this meeting and to do all acts ancj things and to execute. file and deliver all papers. Instruments or documents as may be necessary. or appropriate to eXXect the iis' ing oi said additional share-s ot vowmo i jI eC<i C/1 i cuvn eX said Stock Exchanges and that the: Chairman and President or;any Vice President 'or the Lee rotary' be and each of them hereby is designated by the: Corpo ration to appear before the Committee on Stock List of the New York Stock Exchange, and before an appro priate commit too of any other of sa id Stock Lxcha-np.es and' before- any other body having jurisdiction in the premises with full authority to make such changes in sa id app] ic at ion or any agreements relative then.-; a o) any, other . document required in the premises a in., y be necessary toconform with the. requirement k . f or 1 is l i nr ; ;' ' ' '' , RESOLVLi'i that for.' the pur pose of an original issue- ol share of Con.i,.an Stock ($5 par value), of. the Corporation . Morgan Guaranty Trust Company oi New York and National Trust Companv , Limited (Montreal and Tor on 1 o) , - Trans - . " . for Agents for the Corporation's Common Stock, In.-.- an : each oi . them hereby is authorized to countersign cx-r-' tificates representing up to (for both oi said Tran.-- for Agents) 148,000 additional shares oi said -Common- : ' Stock when- .such- 'certificates '.shall, be presented t o said Transfer Agents duly executed on behalf of tlx ' Corporation, and to procure the registi'at ion thereof '.. . by the Registrar for. the Corporation's .Common St pel-, located in the same, city as the.:-.Transfer Agent so countersigning .(the Chase Manhattan. Bank in-.;vNVw York , 1 -. N. Y. : and Montre'a 1. Trust Company in Montreal and Turun;- - ... .. ' - Canada): a s such: Reg i s trars , they be ing orespec t i ve 1 y / .hereby authorized tci register: such certificates., i or ... not exceeding in the aggregate (for both of said Registrai's) 148,000 additional shares of sa id . Common , . Stock when such cert ificates shall be presented for; ,. '.registration, du.'l-y executed on behalf of - thepCof pora,- tion and countersigned by the Transfer'Agent lor the Corporal ion'S Common Stock located in the same c ity:, as the Registrar so registering:and thereupon to deliver said certificates when so countersigned and : registered to or upon the order of said Transfer Agent; X4 - i -. RESOLVED that, the proper officers ol' the Corporation :be and each J: of them hereby :is authorized to do all acts and ; t hings; and |to sign, se,a 1execute, acknowledge , file , record ;. . and |de liver all-papers, instruments, documents and : . certificates from time to time necessary, desirabdej : '!; or Appropriate to be done, signed, sealed, executed;, X . "... , . f i 3 t-u ; acknowledged, delivered or recorded in order , . . //. . to effectuate the' purposes oljthe foregoing wesolu- ; tions or any of them or to carry out the- transact ions cor.t cmpia leu by the Agreement presented to Ii.jK - ----------------------- --------------------- :------------------------------------------------------------------------------------------- RESOLVED'that the following be, and it hereby is, adopted at a new Section 25 of the Retirement Plan of Johns- . / . Mwville Corporat ion and subsidiaries t SECTION 25, F. E. Schundler & Col,.Inc. . . . 1. Except as hereinafter- specified, no employee ; . of F. E. Schundler & Co. , ' Inc.] shall be eligible . under this; Plan. :f : . . ; '. . . . : .. ,. . ;; . ; ; .. . : 2.. An employee who is transferred from the "Company" (as defined in paragraph 2 of Section 1 , hereof) to F. E. Schundler & Co. Inc. shall, be. . . el igible for participation .-.in .it he Plan upon full ill- . inp, the requirements .of paragraph 6 of Section 1 hereof., The eligibility of; any such employee or his part icipation in the Plan (in the event he ;shal 1 have; become a participant priorjto his employment by . F. L. Schundler & Co., Inc.) shall continue, subject to all the provisions of the. Plan. The Retirement : Commit te'e.'may provide that his contributions be made in funds in-lieu of salary deduction. . \ ;. , . . , . ; 3."F. E. Schundler & Co., Inc." as used her e in ; shall..moan the Illinois corporation bearing said : name on the date this section was adopted, Septern- ber 16, 1959, and said corporation as it may be . known from time to time; pursuant ito duly adopted , changes of name thereof. .. . . The -Directors were advised of the death, of the follow i,ng members of the ;Quart or Century Club : ' ; i . Mattie-.'Gilbert-,' who at the time of her retirement . in 191.9 was employed at the Waukegan , Illinois , Plant. ; 1 . . Stanley Dokmanus, who at the time of his ret iremebtj on , May 1,; 1959, was employed at the Waukegan, Illinois, Plant. Stanley F. Bentley, who at the time of his retirement in 1958 was employed in the Dutch Brand Division.: On motion, duly made and seconded, resolutions of condo*fence were adopted and the Chairman was directed tofsce that copies were transmitted to the family and fellow-workers of each of 'the. deceased. The Chairman stated he would entertain a motion with re- sped to the minutes' of the regular 1959, and:the special Board meeting which had boon provided each of the of the meeting. . 'j Board meeting of August -]10, of August 31, 1959, copies of Directors- at the commencement ; . Thereupon, on-motjion;, duly made and seconded, .the -iminute. as submitted, were unanimously} approved as recorded. ; The Chairman presented his recommendation- for an increase^ in the compensation of two employees whose annual salaries were in excess of $25,000. The Board unanimously approved the Chairman's recommendation and directed that appropriate notations of such approval be filed with the Secretary as amendments to Confidential Minute No. 42. . .. ; . : ' . Whereupon, on motion, duly made and seconded it w; fmouslv resolved ihn the meeting adjourn. . un; / rf'l /' ii. Secretary Mr* f W9 Beiloy Mow fork . , JQHf&agyOTXLLE Fm.XH CORPORATION siafesr Ms. BU 3 0 M&% mr Bor Mj?9 Baileys . . . . .'This'hag reference to Uze yio@ letter of slob? 23 regarding ih r: inspection of .the'Joliet.find. Ste&filb plants*" 8y t@ the tine "eleaen'i faster, the factory In&urane-.Association found H 9sasy to assies the Joliet plant to @n @raiR@r and tht pscporty to nether fh Inspections had to fee d on th a@ day. and for 'that ys@gn'l m& able to visit only the Joliet "properly# 1 feelleve that I have, developed enough infstation en the SeKaib property so-, that m sr in a.position.to properly ago foilh>sqpo#ssr# f this wi^kt, Following y visit to the Joliet pleat It'.'would fe ay pinion that -the. fsitory.Association will &mllm .to'writ fiovwrage-over-those properties.; .6 8eujeri?&*?lsk% feww,?} you my fee" successful in ng tieting with the . Fstory Sneursfiee Association on tariff basis# l would, anticipate, that the - factory Snsursnc'Association will.decline to-underwrite these properties using , the following asipaseni l offer rebuttal for each of their fiaUcipsted lessons @nd guggast that th@o piat he used In nagailaiion with the Factory Insurant Association# i . fh''Faetry-Snsuran'Mffiosiation ;ili spsmmend that iha jg^H_ali@n. wsod gravity^-tank fe@ r@pls@d with; sms SQpQQQ osllen srsvi ty tank# : ' ' '..'.. V . . ' -' ' - '' . . . / ' .-. '' ' ' ." M. fmi&m of th guppiy .will .indicate; that for S'standard Ctwo m%szm syaie'th-gravity tmk ie subtly deficient la v; However, the . , ' water supplies class's ^d. by any other standard . . . fr this risk Infe^fition regarding: the'latost'' : . ;. .; ;" . , - flow-teststey. fee''found ia,;th: Illinois' .'" ' .;. , Snapsstlon $aporfc iis your possees4s ile you ' iU note that thr @ity F^^&ng Station is witM f feot of the plant s$- it-As .feasible to tUva that in th seven to? fin __a_sr.g...n..y She Posing Station tould Issodiateiy soaped with increases mlwm end-pressure lsr:d<iiils&a a smlaw ? th loss ifepart ;v@rlng: % i im$ fire will irn&bm mt aimu^ festor ontrilittting|'te' 'the. sprinkler gfsst&a tras the @ifiss of ^ fir in en'^un- n:l ^sinklered section! ^ fls 'a oontselled and it@d f$mss paesihg.into ^i naln plet sea fistion f fee ^srlnklm , t wmli iafpst ^ai'she it iMNswees moetatssy ft arepiao ^se- present gravity ts& .we."ere n* finest tfet Mld soil'the rlnsnsed a tte of th lar^sr els'tank*. . '? * " l 'Q Mr. T. W ily Mew fork . w* a. .. The-Factory'Insurance.Association will r@@ssm@nd that-suteastls- sprinkler proiesiion; fes provided for .the mvs building awnffidsr construction South of building.11. : this r@fflmndation should fes adopted and ut@ saatie; sprinkler psotseiion &sl should, b *sriisd, due'to-corresponding.psssius reductions* in a favor* bl period of tia@. In y.opinion .ooayiianoe with this reoos@endatidn should n@t neet wi^h objection . by either local manegeaent 'f'Joha&idtcnvilie. . : . ., ; . In ^warlgirif this risk* underwriters should keep in sind the ft that ih basic" eon ten to produet U of a aon**$osBbutible; type. 'MMsewfh'there r@ ism sections'-comprising th plenty the-acjor values or-in-the .Perlite plants ;. sshlehl principally;.a i=ol3utibl 1 building. . M* building.under - construction will b: of-superior-construction. 'Mater.supplies era, good. for. the risk* von ''though' -the ml\im of th gtrsvity tank Is slightly-deficient. - There i Standard $*4oh Service .during the .tie;wken th plant is not -operating. . ; Jtlltl iossd FI sat ' 4 alIm Sturt Mcug m jf.'i. Moute j . The Factory Insurance Association will reseasaend that autoastlc ' ; ' Sprinkler psoteotion b-provided- for @11 of the &n Gilding* &1* they, will mmmmi that the present Easiest party wall fee up to -the lower werti.en f th metal k goof thftufhoui its entire ies$jth-.aRd that til Openings Ihsmafh ;this wali\W-protected' with -Close'A fir .doors. Te'aake .the outonatie ^riakier protection-fwtional .they will also regutre'draft-eurtains. ' "', ; . In'y: opinion it is not practical r feasible to . ". \ ': pro'vid mt/smtiQ spslrrisler protection for'Shis- . risks ; the ejafeuaUfeie in .ibis plant . : een'siisi of newsprint In-'bales and cases ' .the . . finished product, the finished product-is ,a' . :-ifacesfeustible:'iasulstin-board .and will.rcteas as - . s^si^gstiMe .ehly because itils-bended' ih'-fesies with- s cardboard sever. - As Vindicated i. the : . lUinsis l&tssml&m %, mm%&$ -there Is a . . !% fallen tepidly water ttera^;. tank . .. % @@ psp Tn ra.. . peri there is-a}, stands!.. ' . ,l|f slmdpipeVand toai-fttsarifMent all . .aresa;-.# ih sain bsilldtef* ].the Illinois lu'resis'. report m ;V- . . service'end m&U tike-fact is@t ^4@ p^t ia`` ..`; :. epersttof M e t^ek.|-,.Sfee s '' . . pert leiUmUz that it*s^ ii'm.pUii|:pMtectiflgi l';--m@yead. .fast that 'the Joitet Fir.^ - eparts^nt will -sw^drto iall'c fiMOf'^is piant*:.' Kx* Y Ballsy Raw Yoxk . . % . Zn .gagaaMslhg this. Msk T $uid''point ut ta'&* faatory Xneuxante ; Assosiation that the psopesty is 'under,g@nfeeni supervision and -a high decree of^SMtsaatlen exists. The peraonnelfor wall trained in fir proteetlen principal $ and should perfom ?iei@ntly in anlaserfenay* l@s# if any should fee restricted to J the. area f. origin and eontlned tb''&et-;aree'through-effestive uee of the standpipe arid hs @|uipsnt fres'-Joliet Pir Department* . ft PaetoryInsurance Association8report will alt lndisatej--'as .does . the lUinolrlnsp^Mcnluresu1 mps$ts that the insulating Waierial above the seta!dock 1 ses&ueUble* 'Pollening.our-visit to thisplant9 the Factory Snsvrsnee nSseeiaUea.'aaglReer loft mi I returned to ih Rain Joliet plant* ft /discussing-'-the/Baird Plant -edthjaahafenent at'; 'the-Joliet plant* I learned that, the tl desk that" bs@a insalatd ith:.Pb Bostd /and should b described / ,@s non^atoUbl insaiatisae 1 ma mhi to contest the fmVzty Insurance .-Assoeiatien engineer m Wednesday mi accordingly it was toe-late for hin to earnest hi report Assordlngiy^ {'suggest' that'.;this irr@tion fee ad at th ti of your'seating with the Factory Xnsuran'ee Association As-Bentiened-above; m.mss unable to-ftspaat.this risk? but I'-eonfixned that-the Information onialned in th Illinois ft@peUn Report'was esierially correct s ms# hmsmT$ nctified that F I 'Sehlundlor'; & Cpany d not own the buildings md hev m ineureble interest only in to inventory mi aaohinosy la the seeMens they.oeeupy / . ;. . . / , s -understand that the real and psrgonsl property at this location ere .as ..ddsssifesd n the Insurance Mm# that recently a deep . mil s in at 'this 'legation sad bids to being obtained fog sprinkler 'psstesilen*. ;;. . : . '' ; ' ' . , . ; ' JgJilMf&MMMi . ...... ' '.. ..; : 'ftel pf@$@fty m% als dag^rifeed m as-iBdleatod m: tfa eod-f &W3&t99 plfis dtd teb' IfSt*- g attempting to develop furthes? isf@msM.en m bo'th' litis pmpQZty mi iMst&m pspasty ms . iaisdimsin's spastaer.t fsiHUe- M -this Isfssmatien 1 wlw4 it Will h 'vsUyad .to ysv*; . "". . : ... ft valtts. Inf@ssatla pg at'the |l: Wf y visit t the U@t pisat ft ihf@mM@8s ^asWMained ism Ms <! ? Kinfatey* fis Pm&l&mfy K g l^w^g'steS :|$`m*ton%lil Famteje . fh@ p@Heis tedteet that th.faain building at this teeailon i insured to unt of g&900@@9'' 1 m aefeifted hf Ms ttegiksgy that th rifinal kiMsg as esnteaet@d to lt$5 at a ssi MMs&M*'. Th new siditten ost jgQ te igggjgtgu^ta this muldJMtest real pmps&ky $s ?slis5|i4 .* @& $l#@WellS &ltewteg #r th sjsuel dsduetionsj it i si'that-:addities! tmms&nm gtsul<$ h?, pmwt&S f@& this telldinfa 8tXma for sntnt$| sailing ste^ to Us : STCSO^^Q is eaggteie ; . ffel fifur Ctf60Wl ss as&pas^nily .b@4 $fe tifteai ehtesy *?lu I 1 r sils4 that thg4 aasagesteataly t&MaM8~to a&chtoftgy '^ates hish feto. ##d4;: ato@ th ddittesra kiiit sswi again it is ' bius: ^st m to th gaasmt ? toKsssan is s^aird 2 a $hs tetmstery rate @ f this dat i M^aWQ . 0y SMsST?aitea . . f@2h$teg tto te^raa tossy wte is that -this' i, s'rtint f te inmnteTfC'tJz'.l 'ead'^snid Jw mwr @s#wHy to -tM.mm iufern . , rrr- . ' . .;. /.; ' 2-0;'' < && . ... , ' ' - ;.: ' v -' ; ' ' , . ..'. ; 'tf.jx- -- i/---f , ... 1 ^ss that th ismatosy at th IMCsIb A$Si.?8 and '~ijpyh' [ :J tfe &sfetegy and at #si plant tet -ife ^siftoal, @@t "W41 $ $i!J#20 ^sp^mn^fs tfe sai%@$@ tedlstea is is 4 . rt* ifipsiit ^ .sag te IM, p#s$s%# . ;, ' '. .'- ,''' ' . - . ... .- ; . ',,, . '*... . . . . .1 mm Bgkm! w .w^m th lugi^s.s Mr, feto^stey . ,M& te 4t@tmifi fwm fete pto^at eeateaet* t : a ths.^ite toteir^tten pUe&9 , plsnfe mlf. mm fef m tf-'th tosiwd. ife s ss%im 2 sfe@4 Ms, : ... -4toat th ^ gwirteyt '## Hr. T. W.Ballsy - flaw to* Page -the Business^Interruption value (Sigi!gWl) to. Kingsbury attempted to 4s this and was. unable to reconstruct. the. values fsm ssterisl on hand. At you knm$ the actual Business Interruption policies and value infestation is la the hands of Public:Adjuster# pending 8ttl6nt of the previously mentioned less. Hew .ever# to, Kingsbury did indicate that th gross sales value was in erees* of S90OO#QOO on hit preliminary estimate the eost sfpreduetlon and material would lead ne to 'believe ffche ^present Business Interruption progress . '; adequate tofsar for the Business Interruption tfeqiilsewerits fer this operation. I -suggestedi that# fe the earliest pppertuaity* we asset a^ain edth Mr, Kisgsfeury , ad thoroughly i-reylewj'thsf Business; Interruption requirements with him.; Mr 'JCingsbudy''agreed to this.propsal and would like to have a meeting of, this type at th earliest possible ent. / , . . I personally feel ^that if th Fsetory Shsursnse AsaocieUen^will act - : ssoporst on a tariff basis ;thst.with: ^s:aderwriiin|^infowwttonjthst'm have; -developed m will b@ in i position to';fo ;t our ^sksts-shd'plsss'sis .Sw*iSge . -sdth'..8R.iapsQveeeht'le the number.:? @p&nt .prtltpting 1 sise. feel that teedisie step should &d;:'t8&eh.;t''bslng:::all-'#^;4h infomatiea up t dt@ 'sdth'/dphasis. m ; aligning .the Business: Xntsirrupiish prefsrs. pypriy,:f Sincerely fmt& Factory Insurance Association HAHTFCSSII1 CHICAGO SAN FRAKCIBCO EASTERN REGIONAL OFFICE HARTFORD 2. CONNECTICUT ws.EfiL8TE jm/m . ... . \ . F. SCMUNDIER & C0.9 . INC. .; *muo ave mo-j*srdt sheet . . joliet^ ill. ,. : .'Fftdy.iae.. BTAtoAfto automatic @w98*iier &m im Ikw Umzmmz 0U9LSIMC l*EdiT*.y- 4iW#@iTOT8.-Mb .MB 01UM'!& 7* . BUM Of :TMt8 t8mi.ATHM "f TM88 rPTg Mm ? (UIMII jtUPititM: ; Swsau ?m mwmv&i. mtm m smmu)8i!. ' |Tns $e: Wa9kmuse sow mt e @urE m&:'s?*iKi,sa ?** @'/ ' scav . Pmvtm : mtmtLmpm?g&ram ttmmmm rm mwa. &sase mm 1 SET: w W , . isssiYm wMM>trieft titta -v j'; . '... ; 'r. - . . . " .: '.. ; * - ' 'j : ' : . . . ., . ' Pute 'Automatic m@tETia eu 8aiuis 8 11 a feteviccV &,&s$ *A* raw A ?ms ssra.iMtfisNCR. rm msm m m f ams:#s: m&*s i. n, @? r&&a aisa j stAtsfas^Mess $mmi -tfJfr.SS* 9rf& mtmm .see Mse m - msse rts? tm mrnm? mt ms pm tm& %m m mm$m% .Mssirsa fm MMAesa? m$t%$mrn l. 15 . , turn $,:%/*& 1J. s&a psatma. mt &mm m$m$ t 8mmo , ^gpu*es vm. Tmsz 13 Item M mv $m ym&m mmrm m iiaa . - ' . , . . '.8$mese8 3s Iggf r r . -y ..^-v- *-J'-;,-'-' ' ?'^,r- - ,:-j vx;:: - -T... % . ?' ` r< `'r *;' 1 ' ; . ' ,/ -> , ' !> *>, c 1 -; ..,/.*.*.' . -i.* ..: : " t > ; :*y'/,i '-/j*'i;.. :-fA* '.'A'iC'- ' October 6- 1959 I ' i, kt ii; c a A ii s ii k f V. H. Eatrc ACQUIEITIOK 0.' 7.1- SCjrOliniiEH fit CO. ' . Gem fiJL .' ' ' I visited the iywi,;y Island City office ai Johns-ifenvills' Peril 1- i Obieber 1. to. re^j.-rr the orc-.er-billirt ork don<* a-; that local, on I Inquired briefly, -about other off its wt tk-done there.. Thi 3' .jrsn.ore.nd'.u.jnapyieaents ray. memors-adi : of 9/30/59- i OrdtrM.Uiag Volume of^billin'' ; The- L1C office- issued' lfcft. billings to ctvstomans it the month- of this.-month 'is ccnrldsrecL typical. xi'llliKg? .a:*?'. bro'ccn down 'as |followst. ; : ;'' Shipraents- frore .} y | : .; : Nbr, of billing-- :. 1 'entbrresale. carload orders, of - raiiesi-t.e and. aa^noeiurr chloride :: : shipped -.direct tj cus uotnerE y . . ; '.' yy ., . . 13. ; , Voodaios, Queens; 6 Philadelohia; warehouse c> South Kearny warehouse; I*,. Port Pewark (Vermiculite Indnstria.' Corp.) ho Mstucbeh warehouse (Coralur Perlite Corp. cf K.J. } i . ! : 1 ! ; y . ' Joliet 51 18 Total. - 179 >'- These billings are- issued fret J<ilet, Illinois. I rrtawd the use cf each order-bil-lin/ form and obtained samples o forms used. - ) ' k ' I Warehouses Evans Warehouse; South Kearny, N. J. . The avers/pc value- of inventory at this location ranges between SI?,GOO- -16.C00 Shipments range:from 200 lbs. to 5-10 tens. . We pay for 2900 sc, ft. of space, but Mr. Marshall believes we could, roc -Our.insurance at this warehouse covers fire and vandalism. Th. 5--year coverage payable in installments. The second installment, in. tbo: aticuir 'of .$-73.25 is due October 17, 1959, and covers a period of one year* Th;? insi:rauce broker is Louis & ;Gabbe, 82S broad Street, Newark, .H. J. Birilcrly I understand that Mr. Marshall is not too happy with the..warehouse cor dit'ion,. or thGimanner in which the irventory is handled. . Tt' was the intention bf the; SchundlerV Cc.. to move this inventory to Mtuo/TP when' the - warehouse' at: that location was completed. Since the. incurs.!:co' preyir is due October 17^ the decision regarding the location of - this inventor;./ aj:*p,-..r I assume that this is a matter which the .Celite Division and M. deal with. . 1 - ; ,7 irard Warehouse Phils delphie. ?e Xn this warehouse, we stock on'the average about 20 tons of maghssium eh. and about kp tons of magnesite. This material is sold almost eicclutivaly to flooring contractors. ; ' . ': We pay the following warehouse charges: For asagnesife:: per bag (75 lb. bag) per month for storage Ih.M per bag for loading and ualocdiag. ., For sagnesium chloride 1 5^ per ba'-: (100. lb. isag} per month for storage; 18/ per bag for loading end imlmding, .This warehouse has a sprinkling system. We carry $10,000 insurance .ct & cost of $27.50 per year. The premium was last paid on 7/21/59 and covers th? period 9/23/5S to 9/23/60. The insurance broker is: Wade & fiorlan.,-11C .Williit,: Street, New York, N. Y. ] : ; ;. ' | . `' : 'Mr.. Marshall can ?see no |reaon why.we. could not carry this iioyehtory. in the J-H warehouse in -Philadelphia,: if; gp^ce is available. Any decision to carry .. the inventory elsewhere should take into consideration any added transportslo: costs to the flooring contractors served by this warehouse. " ` -3" " ' Ifetuchen N. J. '*'***" 'numrrmw ! .' '/ ~ .' : ' . ; ' . '' ' . I mentioned- this warehouse;, at whichi-ve'-.-carry. an ;inventory 6f Fecco Bosi'd, in ray memorandum ;0f 9/30; i : . . ; ; This warehouse does not have a sprinkler system. Mr. Marshall checked vlin Joliet and; they told him to arrange for insurance. ;, 'y-Fo.\ Maraliail-ha^ Arranged for $40,000 insurance at a premium of. $510* 30/ye-:.i. f c<- insurance is effective October 1, 1959- The broker is Wacle & Doric r;, Ll 110 William Street; New York City. : , ^A/ Port Newark, K. J. We carry ah inventory of paper bags at the following location: Verrniculite Industrial Corp. Port-'Newark- . . f- Building $6. . ' Gilliam Street We' purchase verrniculite from this company. Upon our order, they ship the material in our bags. They bill us; m\ rebill our customer. There is no charge for storage of the bags. This 'is a sprinkled'warehouse. : We carry . $$0,000 firs insurance, on \/l_ bags. We premitira is $50.4o/year. The insurance expires ll/^/99* The brc'' is Wade Dorlari 9 -; ' ' j. Woods!de Queens; I , ' ; ; . a t " i : . - ' y We carry an inventory- of about 200 bags of vermiculite horue insulation n-;. tv v following location: 1 ; ;. :. . Supro Building Products i . k8-l6 JOth; Street f i Woodsid, Queens ; .. -. v. i . ... : ' :; -. / - . Most of the material but of this inventory, is picked up by customer;.. Sitpro sends-its' a shipping notice.; and the billing is done by the LIC office; who ole; handies the collection; ; ' .. ; . We sre charged 15^/bagfor storage and Jiandling. ; I raised the question why we didn't sell the material outright: to Sucre, a : -. would to any distributor. : Tims, we issue only on invoice to Supro, and they would handle the invoicing and collections with the ultimate customers. Mr. Marshall told me that h could see no r&&eon why we could not now sell th? material directly to Supro. I assume the.tithe Building Profects Division will advise Mr. Marshall of whatever arrangements they wish to raafeg with Supro. X told Mr. Marshall to continue the present arrangement unless and until he received contrary instruc tions from the Building Products Division. mm Possibility^ of closing LIC office As I mentioned in toy memo of 9/30/ the LIC office lease expired on 7/1/59, and we are nov monthtomonth tenants. The office personnel consists of Mr. Marshall and two female office, clerks. In response to my question, Mr. Marshall stated that he did not believe tha t'.vO office clerks would object to relocating, probably on the 8th floor at 270 Madison. i :: ; Unless there is some advantage in keeping this office open, I see no reason why the office should not be closed at the earliest possible moment. Even if we have the LIC personnel carry on the sans duties they now perform. I see no reason why these duties cannot be performed at 270 Madison as well an in Lie. . .; .. - . . . ; I assume that this is a decision which Hr. O'Keil will make, consulting Mr, l-ei.tz as to the svailahility of ap- ce and the Euilding Products Division regardvy. | the effect the closing of the office will have on that division's activities ; j Records kept in LIC office The LIC office maintains warehouse inventory records and; accounts- receivable records .- The later? records: are maintained on visible edge cards; A .signal S' indicates'when an accctait.;is overdue. Overdue accounts are followed for . collection1''from, this office. ;: . Remittances are received at LIC., deposited in the bank, and a weekly statement on.collections is sent to;Joliet. , ; .i ' ': . ., : , . Psyroll is. prepared at LIC on a weekly basis. .| Inventory of furniture & equipment at LIC - 1 I gave Mr. Marshall soma forma to- complete, which will list an inventory of that office furniture;?and equipment. .; ? ' . - t ; ' ' .f The office/furniture is wood, and I doubt if we ? can use it elsewhere. ? Mr. Nkrshs,: believes 'that; he, might' be able to dispose of soma of it locally., ; " , ' ' j- . , : l,.. ; : ; ., . ' ; ; ;' - I asked.Mr. Marshall to send the cotcploied inventory form to Mr. Keitz with any reccimnendatlons he might have regarding disposition. Presumably, Mr. :Seitz will make the decision regarding disposition. ; ' ' ' i - Quotations to customers , ; | }-%r recollection kith the acquisition- of the LOP Glass Fibers Company was that there was soma confusion (during the period Oetober-Beeember 1953) regarding the necessity of keeping J-M people in I?. Y. advised about quotations to ; emtemrs, particularly long term eorssitments `' Mr. Marshall has not been' .ejrfssd-.to;furnish.copies ofj quotations, even if quotations are riffld at lower than standard selling prices. f I clc not know what arrangements were trad regarding quotations made from Joliet. ' ' .. : - ' ' ". ? ' r- I assume that the Celite and Building Products Divisions will advise LIC and Joliet about any special arrangements they wish to make regarding quotations to customers. ; , .' '' ' ; ; . H. J.. White, General Headquarters cc - H. M. Ball . C. B. Burnett J., L. Durkin: ; F. E. Butcher - Roger -Hackney. R,, S, Hammond . . A. K. Higbed; . KV ,W. Hufflnig . r W. Marshall,- L.Z.C. .. '' . C-.. H. Ifertsns , . . ,P. I. Melt-' . C. J. O'-Weil X.J.Pedley . W. J. Petersen : , J. P. Byrne f ' : { t 'f? ir l .{ PUBLIC information ! I ":; . from1; f. ' | Johns-Manvillh Corporation 32 EAST FORTIETH STREET HEW YORX IS, N. Y. rcL ADDITIONAL DATA, VF REQUIRED. TELEPHONE. ! : i DAY WAD ALLEN LE 2-7600 BATES BANEY LE 2-7600 N10K7 RH 4-3978 OR 3-7113 FOR RELEASE; Pi'IS. J Monday, .September 21, 1$ NEW YORK, Sept. 21 .--(Special)--A.n, Fisher, Chairman and President of Johns-Manville Corporation and F.E, Schundler, President of F.E. Schundler & Co., Inc ,, today announced the'acquisition of the Schundler Company by Johns-Manville under an agreement which provides for the issuance of litS-jOOO shares of JohnsManville authorized but unissued common stock in exchange for all of the out standing capital stock of.F.E. Schundler & Co., Inc, Commenting on the acquisition, Mr, Fisher said* "Our principal reason for this acquisition is to add a new raw material to the Johns-Manville list of raw materials which now includes asbestos fibre, diatomite, wood fibres and glass fibers \ `'This acquisition will give us a supply of crude perlite of high quality and Uniformity which we expect to use as a raw material in the development of new products We will also be a prime supplier of crude -perlite to the industry. : ': . . : ' . - I ;; . - . : ' ' r - '' %. . '.-Id -- '. wAt present we do not produce perlite and use only a small amount of this material in eons of our standard product lines.!* <: f me Schundler company ia engaged principally in the production and processing of crude perlite* At Joliet, Illinois, it has up-to-date facilities for the production of a nonsombustible industrial roof insulation board which contains perlite. It also has facilities at Joliet for grinding or expanding and screening non-metallic materials such as limestone, bentonite, vsrmiculite and various clays. 3* SIS f ; -2- / At the oresent time Sahundler's primary asset i's represented bya perilt# 'mine , and denosit at No Agua, New Ksxico* fO miles north off Santa f'eJ jand a loading station at Ahtonito, Colorado* ;: f: Johns-Manv'ille.bperates' thrity-threa plants* -two.asbestos mines and a diatomite mine. It manufactures a wide variety of industrial and building products. #HWA# iitK'X?:''-: #3 Jf3 `i M w$. ->m. 'm 5 81 7E .V , Sheo m_ i WHITEHALL 3-2000 . ri-'rf ,,S *v- 1 i ~~ 'S-7, ' MAKSII C>'iCAiO SAN ro ANCISC O . ....-. . .; iNCOftPOftATEO, . ; ;. : ' , NEW VQBK BOSTON , L0> ANOCLfS MINNEAPOLIS ... DETROIT '' SEATTLE. '5ST.LOUIS . iNOlANAPOL ST PAUL PORTLAND . . ' '' .. . - ' ' ' DULUTH NEW ORLEANS Tulsa . OAKLAND PHOENIX. MILWAUKE V '. . ... . : . ' . . . ' ' . T 'V' 1w *r *L: a -fc-r ft -w't a i\ IN V-* ll* . : .70 iPlNE STREET '. 3 . ' ' NEWYORK ' .- ..;'. '' _ ' ", Sspv^iaber ' . .*' . - ' . .. . ' .' 22j . . ;. . . ' ; '' ; > .'.':. 7 7_' , _ J. P L .' ; ., . . .' i . ` : . . fI TT S B U R C M . BUFFALO . .' ATLANTA . CLEVELAND. CHARLESTON O NORFOLK M NT W.f /* L '. TORONTO VANCOUVER . CALOAP-V Havana CARACAS LONDON ., * 5 ,^ . .r........ ly^ ^ ia ^Sgg3;AoiS fin. SSSvfe ^ j-tji . ^'"'J *4, LL t/, "; *~zrk&:&i Mr, A. M. Schmidt* Insurance Manager Johns Manvillei Corporation 22 East hOth Street New York 16, New Xork Dear Mr*. Schmidt: . . . F E. Schundler & Company . . -. - ^oaiaBtnaMMaaaatBUMHMMananni : .. You recently advised us that? Johns Manvllle Corporation will take over full ownership of this entity at noon today. We wish to confirm that w have binders^ from the Travelers Insurance Company adding this entity's exposures underjyour Workmen's Compensation, Public and Automobile Li&bility policies. We also understand that the; broker who services your ex cess Liability Contracts has b@n infromod. The Federal Insurance Coupany has .included this new entity under your Gonprehensiva Crime Bond. All of the above policies would apply in excess to their present carrier's covrage until such time as their exposures can be incozporated with yours. Before the Underwriters can submit their quotations, they will heed the following information; j | . ' '' ' v' .' Workmen's Compensation Insurance - . <WMiWtw----a--b--n--M<nowm--jiL'aijia.iinitwwnfir-.nTrrMtjw'tw.M*,niinM r ; ji. A letter from an executive officer of the Johns Manvilile Cor poration giving proof of ownership. This is necessary because of the various state filing requirements. :j :;1 . 2. A schedule of payrolls broken down by state and classification 3 A echadula of prenkums and Losses over the past five years, U The current experience modifications. iI Comprehensive General Liability Insurance '' . ;. . ' V . . 1 Estimated annual gross' sales.: - \. J : ' ' 4. . . i. t , |. , j ' V . i. . ' 2 The Limits of Liability afforded oy their presantcarrier. ': .: -2- '' . f ; : . September 23, 9i>9 Sgr. A,, M. Schmidi, Iaswrance:Manage? Johns Mamrliis Gojpcratien. , : f ... .* ; : .t . . - ;' j _ ' l ': '- ' ' 3 A;schedule of premiums and losses over the past rive years. k Current e3Eperienc; iaodifications. t , { Comprehensive Automobile Liability Insurance ; 1.; A schedule of motor vehicles and the(principal garagb location of each. : ' : :; : 2: AJ.auiabsr of i employees who regularly use their own cars on company business. . B)nu3sber of all other employees, ; \ 3* Estimated annual hired car ejjpenditure. ho The Limits of Liability afforded by their present carrier. 5 A sohbdul of premiums and Losses over the past rive years. 6.:- Currffit experience modifications. f . :; Crime X&sur&ne: . . . -. v' ; \> . lc Please ask this nm entity to complete the enclosed ap plication for dishonesty insurance. : 2, The Ltoit mf Liability and the overage afforded cy their present eerier8h bond* ; ; ;f . . ' 3, A schedule of premiums and Losses over the past five|years. W@ realise the difficulty you may have in getting this information to- gather. If.you {have any problems, please do not hesitate to contact us for .asaiafcande. / . : T ' Very truly yours, ^ mtss & M&mmmj, ikc. i5t- OGAsm Serb C. Ahies i ! TEL&^HONES JOLIET 4384 CHICAGO ROCKWELL. 161 ; : i` ' F. E. SCHUNDLER 8c CO.. INC. probfgEhs and manufacturers 0.04 KAI L3ROAD STREET ] ; JOLIET, IULINOIS : . . t' MILLS AND WAWEHOU8M JOLIET. ILLINOIS LONG ISLAND CITY. N. Y. June 18, 1941 /vl JOj\r *9 ^0 ,94' Mr. Roland C. Rehm Chicago, 111. ; Dear &r. Relm: We are returning the rough draft of jthe Napier application which was studied! by Mr. SchundlerMr. Denning, and myself. In addition !to": the notes cn the draft, Mr. Schundler wants me to call you op. the phone and discuss this matter, fi ' ther with you. ,, Mr. Schundler will ; be .i-nedrttererd in^this conversation., -The asbestos fibre is a very good.dis persing medlumfahd holds possibilities of improving the-product. Very truly yours f '.y J TELEPHONES JOLIET 4384 CHICAGO ROCKWELL. 6161 E.SCHUKDLER & GO,.MC PRODUCERS AND MANUFAOXUBERS 604 RAU-SOAU STHEET I UORI3ET, ILLINOIS - June 2?, 1941 MILLS AND WAREHOUSES . JOLIET. ILLINOIS LONG ISLAND CITY, N. Y, Idr. Poland Rehm 15S. La 4aiXe St. Chicago, . 111.. Dfear ivir. Rehn; . lbe usefulness and value of our invention may "be made .more - imp re dive 'ey pointing'-put in the *t * 4 * . 0 px X C u v i Caj thatyZ^jo magnesia, due to its wide, consumer acceptance, is adjudged the standard,of thermal insulation for - boilers, steam lines, oil lines in! refineries, etc. for the temperatures of about 100'"! to 600*x. maximum. . And since higher te-moeretares are- common in power . ; p!l&iits !of factories, shiuL!, etc., hs more heat rsis- ; .t^nt;insulation i si used, chiefly qhe composed;ofcBia-i tluijaceous: earth. The Diatbma chous! earth insulation A ife considerably heavier' intweight fendAmucbfless ef- . ^ *;fbetive heat insulation. ! : ; v '; So, the common practice is to use the less efficient Diatomaceous earth insulation, to reduce the tempera ture, and then use; the more efficient S5% magnesia to cover. tae Diatomaceous earthinsulation per maximum.- efficiency. This installation is usually.known as a '''combination insulationN. ' Since the product, as we disclose iin our applic&tioh,, is sufficiently: heat resistant to ivithbtanfl all super heated steam installations as in ships {anal power . houses, and also the usual temperatures ofj oil lines In refineries, our insulation serves the purpose of the "combination*'. It greatly simplifies installation _ .. .. .. . .. n ... .n _r* * ,, * ..- ... x . . .1 ' v" i .s ~ r* i a- 4- - r. s* L ~ w ^ U L- fc Oui-Lj U<j CiiiCIciic ij&j. j.CxJL d. <b uouu xiibybuU U two less, efficient ones, and so is a more economical bpulicoticn as regards . efficiency, reduction of '.eight, and lower: cost of application., - ; ! ] . ! . A standard Diatomaceous earth insulation usually' weighs from- -'20 to24y per cubic foot, and; the K fa]ctor at 200'y mean is .64,. at 350Y mean is .65 and at 70|j0. i meaxi. xs . ,?S compared to ours, that is only .52. hr. Schundler thought that the statement., o-.oncernmg Diatomaceous earth insulation should, be in? serted a o the end of - the ~ x ar.. ^ *T - d 0 U j. UJ- JL jJ y. graph on page 1 NON METALLIC MINERALS Jych HEAT INSULATION MATERIALS , Concerning" the 'asbestos flock development,--we' have not as yet completed our tests ana so should perhaps fore go making anystatements about it* ., On page.S,:concerning!"the rapid drainage of 'excess.- water by gravity a^o*?," it is true that the material docs drain readily, but such a mass would not be com pact enough to form satisfactory block or pipe cover.. In this1 light, I wondered if it would be best to re word this part, or eliminate it to avoid the possililit that this' sentence be ; taken as a satisfactory means, of moulding. ' / '. '' , ,' Yours truly ;. P. E. Schundler & Co., Inc. . .. ?.- S..- ; -A. rule for agitation that would categorically ' iserv.e well as a, .guide;for the various conditions : of ..iiiciiiuf.s jtures would be 1*0 c^i .c ua a .> uujIGG iu" V h -ietmittant periods ofthirty minutes apart, I .! . 'then at hourly! intervals. (Uuheated batches!; . . could be started at hourly intervals for three . : . ;suceesr,ive periods and then, lengthened to four . or five hour intervals.) USfg ItUi Tr / April 27. 19U3 Auozzo- * w* MKf & m'.?MBi CAFGrt _ 1103 Tempo S 4 MEMORANDUM To: Mr Harold;Baker Division o: e. ,&v Transportation From? Utley W. Smith ; . . , ,. Cork, Asbestos & Fibrous Glass Division -'1i- We are enclosing herewith a;list; showing; the com panies having stocks' of the'critical grades of asbestos as of April 1, 19^3.. \ . ; ; We .wish to- point -out' that the C&C- amosite and 'llue: '.. fibres are jbnported from South Africa. , - :, Also, we wish topoint out that the addresses shown . are the heme addresses of the companies, We do not keep . records here showing'the actual locationtof the fibre; for instance Johns-Manville Corporationnight have critical grades- ; of these fibres at';-their.-;plants .in. NorthjBilierica?, Massachusetts; Manville, New Jersey; . Waukegan, Illinois;; Redwood City, California; ;or Watson, California. . - ; \ 'V ' T 'i' F - v7 - :. -. uws/agm Enclosure .Utley 7{. Smith IV -f : . ' ; ;.' ' Canadian RUDE / .. , ' .' ':!'. . . '- - ' . . Ho.I American Hair & Felt Co. ANM8TR0N6 Cork Co. ASSEST88 FiSRS SpINNINO Co. Asbestos Limited Inc.I ASSESTOS: FS'. Co.. : P. Q. Box #88, LaCrance, Illinois |0|0 Concord 8y./iLancaster, Pa. WORTH ALES, Pa. 8 Rest 4Q?h St., He York, M. Y. . HUNT!NCT0N, INDIANA . 9 Asbestos Tesstils 'Go. Inc. 165 8. Packer Orivs, Chicaco, III. 4 ' Astsn-Hill Mre. Co.: j- 3ALDIN-KlLL CO. : Barco wfc. So. J- fflUNKLtu Burke & Cte.lae. Scott's Lame,-Phiiadslphia,. Pa. . 501 KLACC AVE.e TRENTON, H,J/ l80t) f. winnemac ave., Chicaco,III 3..Union-.Souare -Sest.'Ne York, N.Y , , The Philip-Carey Mf,; Co. 1535 Easton Biv . , C'incrnnati , 0 -r .Carolina: asbestos'Co:;- . .Davioscn/-N. ,C. '. 9 Colt's Patent Fire arms mf. Co. Vam Dyke aye., Hartford, Conn. -CoumerciAl Solvents cW. - - asms,. Calif.' : :7 . Crane Pack is Co. ; . . i 800 Cutler aveChicago, III. EhRET MACRES8A MFC. Co. VALLEY FORCE/ PA. . FeROOO & ASBESTOS eNC. . : C0BSI3E AvS., Mm' BRUNSWICK, H.J. 1 The Flintkote Co. I 'Fransclsn'TilE'.Co.:; . . 3 Rockefeller Plata, We York,H.Y ; Lansoalc, Pa.: . '' .; The C&rlocx Packi-,m Co. 2Q Main St., Palmyra,-Mew-York I ?-. BatkI-.Corp. . j >..''' 228 N.. La Salle St.:, Chi.caco/ Ill. . : The 3. F. Coooricm Co. . 7 Akron, Ohio . , The Soodyear Tire & Rubber Co. Akron, Ohio - - Gulf Insulation Co.*'|Inc. 7 P. 0. Box 594* Pamwa City. Florida Holland'Aniline c|ys Co. Holland, -'Mi cmisam* - JohnS-MaRYille Corp.J. 28 East 40tm;St.,iWe York, H. Y. ' KEA80EY '& MATT!SON CCj*. -1938-M.ITCHELt- Bf.,-/AmSLER,-. PA,. ' . : i ' 142 . 6. A. ilACARTNUR :CO. . 2387, HAaPOEN iAve., ST. PAUL, Minn. . i. Philadelphia Assestos Co. 8010 N. IQm St.; Philadelphia, Pa Plant Rubber& AsasstoB oaks--Si.,-J^^anclb5q-Calif --,, H. #. Poster a Co. Inc. .Raybcstos^anhattan /Inc. The Ric-Ril'Company' | The RuberoVo Co. ;. . F. E. Schuller i Co.-, Inc. 8^ FrelTn8Nuy8CN"Ave.,.:--'Kcark: M.J 61 Willett St., Passaic, R/.- J:-'- :. 15^2 Union Commerce Blds.Clevelamo 5^ Fifth Ayemus, He York, N.Y. 5^4 Railroad St., Joliet, III. ~+f!r ; Stawot Brake "unins 'Co. Thesis So. ; 2701 Clinton Ave.s Houston, Tek, 4S3 ahitehsao Ro., Trenton, N. J. ' :: Tmerb^jis Co.- Southern Oiv. Union asbestos -&.Rubber Co. U. S. Russes Co..,;. 5 I0C^ Seaboard St., iarlotte, Mre . 1881 S. 54th avenue, Cicero, III. 1230 Sixth Ave/, He York, H. Y. . 99 37 Astos|Co. ; . ^75 Toisssseno Street, San Francisco TOTAL 35S  Mp^IiES iiAVJNg STOCKS OF (^TIASBESTOS W-. : ' .; : : awl I. I54?-*- : ; (all Fjcores jm Short TnN> fc'AMAOi'Ali (SfafiDimii ' ' ' " j ; . ' . f;! C80i : Ho.2 . Srinh!n6' ft- 'C^-l Textile Fisas , : S: " . C4S-2 : : .'C8fi-3 . c&M 20 : 4>\. 182 : 55 ' 25 iS 384 5 S : 3t i. 549 3 soo. to , . 5 : 1$ 23$ 'M3: .. ,1 ' 45 J . 12 5 147 . . 12 : . 62 1 3*.A; . i \ -2 51 . 11203 33 U84' , . 2 : n\ n W;; . . r . 26S: 97; ' 41 = 43: 28 0s 65- : 235; 1! ; m l1. 3S4; ., .55. S7 434 52 15 1|0S; 35 .l'. '' f 74 jV 2441 103 31 248 553 !&4 35 g 3524ft ' -'v if S3SJ&'l ; LSM&ssij, 8 Wrt fefeh .StrMt Mtw. tmk U p. 1if Isrk Mtelisat Mr* 1 !e Mmmm OfiX@sea ., lg r@ balding naastlng- 'with- 'th &&& and Ganadlj officdUii t6'~dULiima first: -iblpMts;;. M'tevtoiii Hte@9 ': . . I waM apgrogl&t it if fu . -dif;.B0 -nbtlate '.thoi lnr 19 ir^;to pstiUss and grads @f 'ilMMt:flbr;.3fn..'vUl-r@^iirs:in to ri qaartcsr f l^li5o ?te; sif@rmtdm te f r@&t m@ii'iisi in m* rlTliig^at. a fate distslte&iess JT fbr b@teim tte ,mr*e IMs&ng'mmtrig."'. ' '.; : "' '. ..: - ' - I \ . X ju h&m w& mggistLQm ? mb$m% ^m| w5^lM lik...trougfrt js^ mV tb mmlMgg, pleats feremM ttes t@ s:| ty tr&y g If* ':?*' &1ts Mr@tss? : . ?. tekg 4ate%ag & Lhrott8 (&as. BllriLoH| Lettr nnt to following companis W lsbsto Limitedj: ine Tlltoty.UOth'Street ; . ; Hew York 18 Mow York ' " ; ' , "' Asbestos Manufacturing o* : Huntington, Indians . Asbestos. Textile. Company . . . Ghiesgo, Illinois Asten-Hill Maaufaotaring Co Philadelphia^ Pau . . : : . ' Franklin Burke. & GoInc Nsw York City . .. Philip Carey Mfg Go Cincinnati, Ohio ' Carolina Asbestos'Go Davidson,'-'North Garolim ColtS' Patent! Fir Anas Mfg So Hartford, Conn , Crane Packing Co Chicago111 .. Fsrodo & Asbestos, Xne* c/0 leaabey k Mattson Ambler, Pa0 1 - . Fibre & Me tel Product5 Xne Downey, California ; : Tha Carlo ck Passing Company ' Palayra,'Eo^'iTork- : :: :: B F Goodrich Compsny . Akron, Ohio : ; '? : Goodyear Tir is Bibber Company ; Akron, Ohio ; : . .i . ' leaebey & MaUleoa omptny Ambler, ..: .,, . laiwwkeO' Insulatim .Coaps&y Milwaukee, Wismmin , Philadelphia Asbestos Company - PM.lftdslphim, Pa9 .; ; ' Plant Rubber & Asbestos .Works San Francisco, Califbriiia : Rsybestos-Sfanh&ttsn, Inc* Bridgeport, Conn The Ruberoid Company ^ Mew York Oily. . : F. I Sehundler k Co , Ine Joliet, Illinois . : Standco Brake lining Company '.Houston, f@sas : Theracid Company : Trenton, M J . Thermoid Company . Charlotte, H G. , J. Union Asbestos k lubber Co* i Cicero, Illinois ' .' United States lypsua Compai^r ,. Chicago, Illinois i . f U S: lubber Company j l ' Hew York City . : ; 1. t-Victor Mfg*. '& Gasket Co. Chicago, HI. - ; . - ,f- ' . : ; 1 i i. ' : ; ; Greene , Twaod & Company ^ Horth Wales,. Pennsylvania : ' ' JohnsManvill Corporation. ;. Mew York' City' . ' . ' '. l : 'igSfMl ISffllS f -flS 3Q&SB ffl UlfilCMS Off MF?1LL CKSSSPOMTSGK..was'held is the .of the-Corporate a .the .nth' floorf'.at W* S3 last 40tli Street,. *w-Teel-City, Wd*sg<Say-, the lt& dky at' isib@r 5 105, at s8S is -the fore-- ooa. ' . ? : -. ... .;:.'. .' . ' ....'. :i -: ' ' ''-' ^ ' . ..'She following Directors-, were .present,'coast listing a quorwsa; ., . . : :. Benry . Alexander Jehs D. Bigg@rs C. .. Barnett dgar CL Burton la. 1. Cassidy A. . Fisher Joseph 1. ISraster log@r Baehaey - John W. '&sa .. ,C. f\ ' Eases iler 1. -M. ?orhs'. . I 1 A. 5. Fisher, Chairoan. of the; .Board and frsld@at of-tbs Corporation, acted a Chairaaa.-f th' 0@t:iBg and.pres'ided'tbwreat'aad .Morfesrt Horton Ball, Secretary of th Corporation, acted a : Secretaryfof. the sseeting and-feept the siaates. thereof.. : A tle f the atlag asd affidavit of.Bailingth aar to..all the- Directors':'' of-- the;Corporation sere-, 'presented .to-'the. BSot- iag arf, a aotlea, duly sade,. seconded, and unanimously carried;, 1 sr@'" ordere.d file.d wi.th the.s'inute of the BMti& s* , 1i! Th embers'of th Board f Direct ora;-had-been furnished in advance-of the meeting-with nmt of th material which would" be of value la aiding their coh@idratiB f the saiters appearing i th -'agenda boob. .- ~ ' ^|- ...'. : . j. ,v - .... Is hi Monthly lepert, th: Chairman advised that is order'. t-6-'produce;.'th-.Quantity f Permcoustis required to .Beet'..the'.sales forecast,.'the officer .of: Johns-Manville Product Corp'dratia; pro posed to alsrg th; finishing ctepsrtsaoat, replace., present: finish- \ lag equipsatwith improved:!and higher speed., facilities', ted. add a:: \ high-speed.;dryisg".ovea ':at .'the' Meaa&dfia Plant at -a cost of '9519,000..; (of--which $1S1 ,,i0 was :spE0) . In addition-to-Uncrossing, capacity 'thee stoves would'also-reduce'costs.. - The -return on. t'avestseai' wa; ; 3@%. . i fh ffleers, of th@'..s.s@.'subsidiary'.proposed..;-to:*pffid; $830,13 (of which $370,000 was- espens') for the installation of:-.. . facilities.'in- the'.Pipe Plant at Watson . fr'.. th bulb .band!lag.'and > dust' control, of.'raw' material which, by; the ir':-nstur.e|'-wore-'very dhsty,."-. An.'unsatisfactory.'condition''i8td-,;..not'.'OB:lyr.-.lB the \-iisp@i- ate: working .sr but..-also .in areas /where ife@? pergonnel wer lo- i eatd. .The-'".'proposed quipsat was toliar. .,.to that via operation at > -V. tbT ip plants ilP. tb @t|&g tfest tbs W&t@$ Plant migimllf built is !&$?,, at wbteb ti& it te&. s .eapae**? itte a a^s^al vl@ t !,@$6,0@. fbis s.pacitf as.-.enlarged 4a 1947 aiiiwa m ^taraiag sat. 77,@6 tea wteM at $18,6,, bat t?itb&it jmf iprvst 4 tb eriglaei dost a- troi E poiatdl<rat itet dust -aat's wr& still slsf.tS^ Itat os Califs5 im and johas-Kanvllle 'ataadartis. At presest. tb. potesttel liability So? cssapeasatloa for employees already effected fey tte@@ tsasetiefaetory eaditiea was -ever sad tb e8" ill teas sast' fee'corrected. .,;?fe zpeadltorca repaired solely far -. dost estrel aeowated t $440,13 aad cold yield so refers. fbe; ' expaditer repaired primarily te dest eatrol bat ebicb oeld- sis resalt' is @s est radseiloa eouatd t $3!, &$d t& , yiiW old be' 10%, The total rasstmai oald be speeded t tb s*at of l^ is 1@5S, $fj ;ia 1258- acd 46% is |S1. .. " ' , . ' .After diseaseioa, .;4t as tbs cBSa@s that tb proposed; \ speed ifcer@s. by Johas-Haaville Frodects Gr|KiratiOffi-r J@fU4# sad. .if was reecsaaeaded^ that -tb fl@rs f its ffibs&disrj g*rced| is accordae;: iih their plans.-.- : ._ _ _ _ - - - - - - - - - - - - - --4^^ 1 ' . .' . i - '".. T , ' :fbe. .Chairs*}la bis repsrt, also advised. that the ptios ! was @srais@d a-Septsafest IS t aerials' ' If. 3. Schaadler. & Ce.,3ac^ ' for 148,CMS sfear@s Additional ngtteiia sises tbs Board special I sg@tlg a August SI redacled tb prico fej 1,660 bar.' f& closiog dat sM k gpsfer 22. fh pateot alt byought by .Great.-Labes Carbos, bleb j&ould-hay involved---a liability @f $50, cr acre, as' settled' through'i direct egotistloss eiih . Great Labes Garbo a a satisfactory baste, ffae emit as easelied. Johas-Kaavill sgre@d t roeogais fesat'Mei teboa^s patent &d t pay a royalty Bdr ert,ia d-jfised eosditi^. A satisfaetosrj . royalty, arraisgdp** al. bad .bees ad with ttoe f 8cbteadlr s^pery ^isisg psral im-' tb prodsetlo'aasrsal of ass aesticl prodteci developed;by the. Several samples of this prodact or ^abaitted' i to tfe sKfot&Ega1, Sot ice f this e$ti4iia ^rnild b distribeted.to: ffiploy:! f both orgas teat ions -fy iday, eptesd>r 1, fife pr* i vM -.b give a Biaism f faeta afeoat tb: ae^ttlsitioa forpablt-. ' .eatios s iloaday, Soptaaber 1. WMum for oporfitios f tbSoard / Plaat by fb BssiMisg Preddct Bivisioa, aad tb or body* aili .bad tb reaalad?; -of tb' beiffie by th` Cel it SHvisioa owid.-b'ea- / plt@d, gid ^reOaael'eas. being t dtraiB tbes- ho .'old,^edg fit tat '.th^ rgaaisatlea'.,' . . .. . . . ' pb|Cha4raafs Escort - fartbsr ''tefors^d tb aeetiag that 1 4oba-MsBvill -bad fea offprod' by' tb, Saaeeott Coppor Coapaay a , part iateroet - tb 'dvl^>nt 'aad operation'of aa .aabosto fibre, ia@'ib Grec. After ea?ful atdy 'asd oaeldoratioa, Basagoseat 1 did sot feel that flls-sag is coaoaically 4ir&bi iaveetatat, aad-: therefore bad advised tfe Seaaecott Copper Cospaay that. fokrnSanvill as aot iatrstd:|o .joiaiag -ritb it. ia tbl vooturo. ' fb Cbairsaa briefly sasssarls.d a report a tb. atatas of eppropriatloa speadiito'^a, September 1, 1980, aad a report .fof m iffh gff m&m% @i thm -a&artf mm&m @f imsmt 19* P@4aJ *aar& wtlag @f Aogtiai 1* it, eepies f 'PBW44*4 Mtt- of-tto at tiw.MiMNmt ^ ^L.;*^*****?'- s^i29 ialy ssi9 & . eBatt4.g ot ^Baa@s2slf api^v$'s.'r@ga?l@s. tto tal"i ;f& e&Sl2`TO ps*@sti *3iE f'@Sg!@4i4 fr . inaS* Ii fit ,5 wat l I t@: i|?lpi8 wfesa aasesl alas*is frr 4 l sc@s ff <p$s, Tli 1^ aa^istsly--; approval tlte h&lrmm&e ~ S`cjma4stiei ssi iifsste^- iSsat spp*e??4at--;BtstIf' f mmk approval & il4 w4tli ty Secretary as s@e<Saat to @fitesti&i Sissmt --Vo. 41. : '; ^ ,: . -:; . :; :. '':.; . !ste$sps? a ti@a, mad ad laoasly piaolwl tfeat -th Bootiag' wUw. . .' it to :' r 7^* jfWltfy @mrStKarFy * < f f H. M. Jackson - GEQ Research Center April 25, 1955 359 ` ; . ij ^ HMI iCWS I \ Confidential Final Report of Psrlite Institute The Biotoxicity of Perlite Mr. F. E. Schundler called last Friday end lent us copy of the Confidential Final Report of the Perlite Institute on the "Biotoxicity of Perlite" for a few.-:days. Mr. Schundler emphasized that while the report is not secret, it Is strictly confidential and no public announcement or statement with regard to anything in the report is to be made at this tiro. I assured him we expected to treat it in the manner in which it was received, that is, entirely in confidence. The report is handed you herewith. Please return it to as within the next week, if convenient. Our people here at the Research Center have not examined it as yet. The Institute expects- to make some further study on the subject, I believe subjecting monkeys to the Perlite dust; to check their present findings. When the final report is issued it will not be in confidence. Generally speaking, the report corresponds to your views on the subject, according to Mr. Schundler,-- j .1. Perlite dust adversely affects one who has some TB affliction. | 2. Perlite dust is in itself non-toxic. ; ' j 3- Persons with affected lungs should not be subjected to Perlite dust. As a matter of general interest, Mr. Schundler finds it necessary to have many of his personnel examined annually because of the dust hazard. They have (surprisingly) found that limestone dust is apparently beneficial to persons suffering'-slightly from TB infection.-- : ' : . I , I assume that any information from the report required by any of our Plant doctors will be transmitted by you and that we need not take up the subject with anyone except your office. : , VCK/cyr Att. V. C, Kline p :i - &cibr %lg 1954 Mp#.-P'Sv ISfiSnnxdl'? ./' F. S. SebUndler.Sr'Go..,-lac. ' ' Joliatp lllimii / , ; : . '' ;; .' , ' - '' . , Sear Mr Ssbnadlers , ; ,. ., . It hm bmn aom time sisa I; heard ysu9 tj hop that fu " &r@ enjoying the fesst f health, end that your organisation is ; . planning 6n a bright nm .prosperous y@ar0 . ; . \ ... _ M hsm been questioned m to the tosisity f spsaded prlit9 : . I beliera-the .'Perlite'Association requires a certain notice, to b placed'on-this-produet'when it is'sold.. . .. . '.-... . ..I Sine X certain that you b@longd to ths Perlite Xs^titubee this letter is written :t f&skj if; you would be kind ensugb t _ / tclXus whether ths toxicity f expanded perlite 1 a: serious ' probles. jit is our understanding that the antes! research -... sponsored by th@ Perlite Institute should b of considsrsbl importance a:this subject. ;j : - K . . ,' :,j V:, W have ad a'study;.of the rystallia fora of eilida in our t- perlite9 all of which Is being procured fro your eoapsay*;.;'.'Jhiar; study ssa to indicate that there is little or no crystalline fora of ilic 'present If this subject is of interest to you, I oaa sour the detail and send the t you. ; . . ... ` w My very best regards to you and Mrs. Sohundlsr end to; your associates at Jollet;< . . .. ' . . . ... . Sincerely your, , . : ; j. VCS/cyr V ' ', ' . ,' ' : Virgil e. nin Patent Attorney : ' ; ^ : ' * V. ' * 1` BP *. r. r*s o' /. -f .-^v, v. *. . Research Center April 25, 1955 ' 359 ^V- v,' ,:7; 5-7 m 7p~~ l&I ,H. M. Jackson - GHQ Confidential Final Report of Perlite Institute .' ;., .. / The Biotoxicity of Perlite ' . ( - .fi I . Mr. -F. 'E. Schuacller called last Friday and lent 'us copy of tbs : Confidential Final Report of the Perlite 'Institute .-on the "Biotoxicity of Perlite" for a few days. Mr. Scbundler emphasised that while the 7 report; is (not secret, it is strictly confidential and no. public:, annoimeement -or 'fbtateissnt tilth regard to anything in (the report is " to be made at this time. I assured him we expected to treat it in' ' .(. the scanner in which it was received, that is, entirely in confidence. ':- ( (.1. "" (r..----- (-77y. 7-:: ' .( The report is.handed you, herewith.' Please return it(to me within the next week) if convenient. Our people here at the Research Center have ; not examined lit ,;as.(yet.. . ( -. , , . .. '. ... ; ' Ihe Institute expects: to make some further study on the subject, I , believe subjecting monkeys(to' the Perlite dust to check their present . findings,.?- When- tbs final report.,is issued it will not be (in confidence. : .. l : . ` v( ; . .' : ". v ( . , Generally shaking, the report corresponds to your views on the subject, . according-to Mr. Schundler,--: ; 1. Perlite dust adversely affects one who has some SB affliction. ... *. 2. I Perlite dust is in itself non-toxic. -: * ' ' " V . 3. I Persons with affected lungs: should not be subjected to Perlite due S' ^ f7 P' k 5;' v*' m--. As a matter off general interest, Mr. Sdxmdler finds it necessary to have many of his personnel examined annually because of the dust hazard. ` They have (surprisingly) found that limestone dust is apparently beneficia.' to persons suffering slightly from TB infection. . I assume that (any information from the report required by any of our (Plant doctors; will be transmitted by you and that we need not take up the ' subject with anyone except your office. . - ( -' ' . (:-:(,(-.(. (, '((--' ... . v-l ' VCS/cyr - o- ( : - 4:i'.7i'77Att. l.:7v - Y. C. Kline ? -'77V* " : >;- >/,*. . ,- * ' r v'- . , v..{ * - *'* 7 ^ ' , .. .'* V? :4(^7^7-y7-Ai:7;v..: 'it , V77 tfc -zzc Ulvisicm, H^&dtqmrtero Jess U# 2959 MSMGfe&liZRBI ^paadsa .Starlit# - C&gtlon Labels Cfeseksa "ssitSi. Xs&ryy We$aKssri& Hasoarcli to find st& if say ecsp&titar {s exp&ndad PerXit bags have a entities l&b&X. Xfea bags inspseted ?rsre -as follows . BieaXitQj 8il&lesr, latersatioaal Maarals mad Cfesleals . asd'Ads .Of these* Ads ^sas .tie p&ljr, pradssep that bad n caution label She caution X&bsX seed ss fellers s . ^satien &dee-Xli is a specially prseassed silica* SaMlatieiL. f dvst ever leag psrteds my be barwful* Iipitsmtasn u&are dust is & problea* resplxatoife or dost s&ska spprsorsd by tbs Bureau Mines is rsdseaesdsd*9". 4'.-' Lassy did:sot have a ScSssndler bag available so>j do not knm -sdssthar they carry a caution label* - ;^/f ^ S+t-4^ y-r 's )v .: - Sg..f.et: : S?'"" */* ^^rg- - : *- : FHKsslU d~. '"^':7 ' ' >;' ..-. ': ....................... -; ' I S . i ** , <***+*. .: .' - 5 \L . .... 'Zfcu ;- gg?- <- * * '" ,,^ w^w^l$0mmMm0m ' \, i *' ". x ' -J, ' 1 \ -. ', V;` t )'* - ' 3>-v*._ _> __ ``-V^--'"4 "N^f -* 'T'^ <?* .,J w - 4> ^ ^ B?Is: -fMfi HMJ 1VI jMJ Research Center January 14, 1955 H. M. Jackson, GHQ Perlite File: 433-HM In complying with your request of November 29, I had Mr. V. C. Kline write to the F' E Schundler & Company, our suppliers of Perlite, for information which might be . available from the Perlite Institute. A copy of Kline*a letter is attached. We have just received Mr Schundler*s reply, a copy of which I attach. . I trust that this gives you the information you desire. . S4 & KW:et< Attach*5 * . ' i cc-W, M. MacAlpine, Attn. W. Ii. Stafford T. C.'Kline Willi: - y, .;- * V'-V-V, 5. . : ;< v- * ,j . MBiKMaaBiHM ,4. - s *v , t i ..............* :..? ....** * Jr I .V 'V'1;a - v \ "y,"-; V i-.vV ,\.V- ' ?.& * " r,,. . .v- .*>' ' ! v-*i-: Ife1 P ,S'-Sdnmdl? . . ?. H SelniEdl3? & 2a; 'joliet, Ulinoiffl -? Se^2=aiari. i. f1 r 5> * .' V": . It 'has feessa "iSs sins# 1 ;ts@af4 fmm you. " 1 fesp that you ' *y th@ tat health, and that jw? rgaaisiaiiaa i 4- plmmh^Q ta a telgiV&ew jpwpi^;yBap*-.,...' ,, .%' '; ^ ,- .' ."' ' ; . v- ' .. ^ -r"t ^ - ` !/' ` S' Zmv b&m, quaii3@S as to th toxiaity of ;qMBdfl4 po*liW':4. I btIi@W th@ Pa3?Xit Assosiatloa rqulr3 a @rtaXa &sii@ i ho " gXs@d m this it is -sold? , y^-;, v:. y ,- .',-1,, ; r; -- ' V-' - V-VC Sis- 1 ms ertaia that jou blo&gd.'to: tbs PerXita IsatitatUg, thi lottsr is vritisaa; to ask if 'you wuXd b kid sssugh 1 tali'-'as &ths? th tosdcity f xpaa&3 psrXit l,a mr&m&s ' profelsau It is. ur aaderstaadiag that tfe anlral rsi,eli .' , . sponsored tey th P@rlt'Zostitut'.should! fe@ of ieossldarafclo . :4y-- a 'Sto^r th| crystalline fora f silica...in mss* , ,, ps*lit9 all f 'ahich in bdtag presaged f&e. yur ospasyv', this; " study sees*- to' isdicat that thars is llttlo r a rysiiiXia ra '- of'silica present. Xf thist subject Is ' interest ,`i /you* I oas - - . cure tho jfttailsfabd sendlih: ;A V* * J^- Vaxy -tat : regards - t.yi|aad assssiatss at - r^ and ts you. s.*....... ' ^S.v, - Siasr@ly y^ur@5 , ^ V' ' - :s;; --. .'i.-.:'- '* '. r-;-. .-. U-i '.f:-t V ."V ,, ,-. ;; y - 'V ,-' -y.:- y / -' 4, ` ,'v%-. x'--^ - a ;:. v 'f ft"-' r'!.y-- f' ,-i' ';" r :'" . ,.r' ' ' ' '-H'' .'. 7i '';. -': I' r"': v yy-.>-. .' ryy'.y Cy-y -? ^'c* rJ : firgil C,.:niws.*v...-y;; ' i-r * * * *, - V " ' > , -s : t ^ . v, ' - ~ 7 t /''*<' -f-A-j. * .. . A< >si rH}}ieA AN.>i.lu'fC i. ' t.o\. a no i i r.v. . MiNMt: Af'-OL.":' [JU'TNCMT 7 : i' at t'( r.' ' V l.pl)!'-," -.11' 'tMDIANAI'Ol.!'. ' . ST PA ' POUTLANO . DUUJIH NEW O t) t. r A N TULSA . 0 OAKLAND . . J-* H N; >. MABSH ?MfcENKAN ;i;xs.n? AN C K : 70 PINK STHKKT N!-:w VOHK r. September 22, 1959 NEW YUPK BOSTON 8 V> IT T L> n >J o b'T/.tC . A~ L AN ! A. cv.r V f_ L /. N ' CMN'AODLl.fOi.'1 \ c U 0 NTQMf/I ' rvt A!. VAMEObVf CAi.UAFJ V HAVANA CCAOLNAUCOA'vTi Mr. A. M. Schmidt,, Insurance Manager Johns MamrillefCorporiatioR j 2? East noth Street f : > New York 16, New York: !. Dear.Mr. Schmidt: : F. B. Schundler & Company You recently advised us that Johns Manville Corporation will take over : full' ownership of this entity at noon today. We wish to confirm that i we have: bidders from the Travelers Insurance Company adding this entity 's exposures tinder your Workmen's Condensation, Public and Automobile Liabi lity policies. Wjb also understand that the broker who services your ex cess Liability contracts has been infnomed. The Federal Insurance Con?)any has included this new entity, under your Comprehensive Crime Bond. All of the above policies would apply in excess to their present carrier's cov erage until such time as their exposures can be incorporated with yours. Before the Underwriters can submit their quotations, they will need the following information:: ; { ; Workiuen's Compensation Insurance 1. A letter jfVom an executive officer of the Johns Manville Cor poration giving p'roof of ownership. This is necessary because of the variousi state filing requirements. 2.; A schedule of payrolls broken down by state and classification. 3* ;A' schedule; of-prerniums and Losses over the past five years. U The current experience modifications. " .'/ . Comprehensive Generali Liability Insurance , ' ' 1. Estimifted lannual bross sales, *. . .. 2. The Limits of Liabil.V afforded oy their present carrier. ; . : ;; j :. 9 \ . . : ] ; . MAB8&SI iI1"^I1'LEXNAN' ,j . : > ' : .1. . j ' j . ' ~2~ . . . I . September 23, l9i>9 ; I. ' . ^T. A H,; Schmidtj Insurance Manager . ., } t Johns Manvill Odiporation .. .. ... 1 ., 3a: A schedule of premiums and losses over the past rive years. ..' . . h Current experience modifications, .' J Comprehensive Automobile Liability Insurance : l.: A; schedule of motor vehicles and the principal garage ' location ;of eacift , . :: ;^ i '. 2 Ainumber of employees who regularly use their own cars on company-, business^.' ' ' J | \\ .. : . . j. B)nu4>er of 4ll ;;other employees. - f . , 1 3* Estimated annual hired car expenditure. TheLimits of Liability afforded by their present carrier. 54 A schedule of.premiums and Losses over the past rive years. be- Current experience modifications, i>- : :j ' ' Crime Insurance; t ' . : . [. 1, Please ask this new entity to complete the enclosed ap-i ; plication for dishonesty insurance. 2. The Limits f Liability cuid ijlis coverage;afforded qy their present carrier.'s bond.. f . 3* A schedule of premiums and Losses over the past five years. We realize tne difficulty you may have in getting this information}to gether. f Ifj you have any problems, please do not hesitate to contact us for assistance. ` Very truly yours, mahsk & Mclennan, inc. public ,]kFof|iiAtidN, fram\ 'JohnS'Manville Corporation: 22 EAST FORTIETH STREET NEW YORK RS, N. Y. FOk ADDITIONAL DATA. IF REQulfcI idtfrpA ! WAD ALLEN BATES RANEY .' ' DAY LE2-760O LE 2-7600 NIOH >CA 4-' OR 3-< FOR RELEASE; T Pi-lS, .. Monday, September, 21, 1959 . . | .1: ' . ' ' . . .4 I.'/ .YORK, - Se$t 21.--{Special)*-A*R. Fisher,. Chairman and President of Johns-oanville Corporation and F.E. Schundler, President of F.E. Schundler & Co,| ' Inc*', today.announced the acquisition of the Schundler Company by Johns-Manville J. under an agreement which provides for the issuance of lUS^OOO shares of Johns- I-lanville .authorized but...unissued. common, 'stock 'in exchange for all of tha out standing, capital stock of;F.E. Schundler & Co.,. Die. ' Commenting oil the acquisition, Mr. Fisher: saidt: ; 4i :. '. .. .; . . : . ! . : . .: ' ' "... ...; "Our principal reason for this acquisition is to add a new raw material to the Johns-Manville list of raw materials which now includes asbestos:fibre,; ", : ; . ' ` ' ' ' ` .. * ' - ': ' diatomite, .wood fibres and glass fibers h : . :; ; J . ' . '. . .. -A- '| "This acquisition will 'give us a supply of crude perlite of high quality and Uniformity which we expect to use as a raw material in the'development -of now products. We will also be a prime supplier of crude perlite to the industry. "At present we do not produce perlite and use only a small amount of this material in some of our standard product lines." : ; The Schundler company is engaged principally in the production and(processing of crude perlite, At Joliet, Illinois, it has. up-tc-date facilities for the production of a 1 noncombustible industrial roof insulation board which contains , perlite. It also-'has facilities at Joliet .for grinding or expanding-and screening .: v 5 ;. T' . . . ; ? . ; . . w ;> noiwmotallic materials such as limestone, bentonite, vermicullte and various claj^ ' ( : . :! . ; " . ( : : : . V. , Vr TORE :. ) At the present time Schundler's primary asset is represented by a perlite mine and.deposit at No Agua;v New Mexico, 70 miles north of Santa Fe, and :a . * loading station atiAntonito, Colorado. 5 : / i : . :' Johnslianville operates thrity-three plants, two asbestos mines and a diatornite. mine. It manufactures, a wide variety of industrial; and building products* #HWA# H. M. Jackson - GHQ Confidential Final Report of Perilto Institute The Biotoxicity! of Perlite ' Mr,.. P.'E. Sehundler,called;la$i Friday and lent us copy of the : , . Confidential Final Report of the Perlite Institute on the "Biotcxiclty of Perlite," for a few days. Mr.. Schundler emphasized that while the report is hot secret^ it is strictly confidential and no public , announcement or statement with regard to anything in the report is to be made at; this time. I assured him we expected to treat it in the manner in- which fit was! received, that:is, entirely in confidence. The report is handed you herewith. Please return it to me within the next week, if convenient. Our people here at the Research Center have not examined it as yet. ; ;j ; .. " ' The Institute expects to make! some further study 'cn the subject,/.I _ believe subjecting donkeys tq the Perlite dust to check their present . findings, when the final repprt is issued it will not be in confidence. Generally; speaking,' the report corresponds to your views On the subject, according; toiMr 1 Schundler5--| :: " :. 'f 1. Perlite dust adversely affects one who has some TB affliction. I 2. Perlite is in itself non toxic. ; 3. Persons with affected lungs should not be .subjected to,Perlite duf As a.matter jof general interest, Mr. Schundler finds it necessary to have many of his personnel examined annually because of the dust hazard. They have (surprisingly) ;fouhd that limestone dust is apparently beneficial to persons suffering .slightly rfrrom TB infectioni'^.!;!^.;^^ I assume that any information from the report required by any of our Plant doctors will be transmitted by you and that we need not take up the subject with anyone except your office. j-;v . . ; VCK/cyr ! Att., r-: :.'V- S." ' .vrt't' .t I `' *; * 5* / t vf - . V. C.. Kline. . ; MMdANDDM Division Headquarter Jane U* 1959 ggpanded Perlite Caption Labels Checked .with' Larry Weymouth of Resesrch to find out if etsr csapeiitor'g expanded Berlit bags have a caution lafcll. Ths Mgs: inspected were as `follows i . .' IM.ealii, Sil*Fl8W# International Minerals and Chemicals and Jldc Of. these* Ads ms the; only prodtser that had a caution labslo She caution labs!'read as follows! | Caution Adco-litsis a specially processed | silica Inhal&tioxL of dust vs? Ibng periods : I say be harmful flripittiationhsfearejdttst is a f problem* respirators or dnstmasks approved I by the Bureau f Mines is reecassendccU Larry did not have a Sclamdl^r bag available so ve do not kfiov whether they carry d e&uiion label* ' i: ' i i 1 '% '0y , * '-- 4 _ # / .-- - -- " : - , _ 6**S /Si,, <r ixsru anc s-: 7!> I'INV: STKKMT Ni :w YOKK r. . . September 22, Mr. A. M. Schmidt, ..Insurance Manager . Johns Manville Corporation . . 22 Mast noth Street .. . New York lb,' New York . . . ., Dear Mr. Schmidt:. . . : .. t - F. E. Schundler & Company . ; You recently! advised u a that Johns Manville Corporation will taka over' full ownership of t'hisf" entity -at - noon today!.- Me fash to confirm -that ' we have bindhrs from the Travelers Insurance Corapai^- adding this entity's exposures under your IvorIcmeh, s Compensation, Public and Automobile Liabi lity policiejs. 'We talbb understand that the brokdr who services your ex cess Liability contracts has been infromed. The :Federai Insurance Conpany has included! this'dew entity under your Comprehensive Crime Bond. All of the above pdLicieshwould apply in excess to t heir present carrier's cov erage-until Isuch time ;as their exposures can be incorporated with yours. Before the Underwriters can -submit their quotations, they will need the following information; Workmen's Compensation Insurance . 1. A letter from an executive officer of the Johns Manville Cor- poraiion giving proof of ownership. :This is necessary because of the various state filing requirements! . : :- . .. 2. A schedule of payrolls broken down by state and classification. 3. A schedule of premiums|and Losses over the past five years, iu The current ejqjerience inodifications. Comprehensive General Liability Insurance 1. Estimated annual gross sales. 2. The Limits of Liability afforded by their present carrier. *"2* Hr. A.;tf. 'Schmidt, Insurance Manager Johns 'Manvixle-; Corporation September 2 j, l9b9 3. A schedule of premiums and losses over the past live years, tie Current experience modifications. . . Comprehensive Automobile Liability Insurance 1. A schedule of motor vehicles and the principal garage location of each. .. .' . 2 A) number of employees who regularly use their own cars on company easiness. ' . . - ; , . v. B)humber of all ether employees. : 3 Estimated ..annual hired car expenditure. . The Limits of Liability afforded by their present carrier. 5 A schedule of premiums and Losses over the past rive years. 6.-. Current experience modifications. Crime Insurance : : .i .! . 1. Please ask this new entity to complete the enclosed ap plication Xorjdishonesty insurance.; . ; ; ;I ': 2. The Limits of Liability and the coverage afforded qy their present carrier's bond! ' ' : ; i 1 1 ; 3. A schedule of premiums and Losses over the past five yearse We realize, thfe difficulty you may have in; getting this information to gether. If you have any problems, please'do not hesitate to contact! us for assistance. ' ;; Very truly yours. J.'-. -v; m CUTIVE ORDER l!ARSvD^te I^ scmmim InsulaYing ~ plaster BCHUMDLR* 7f[ ,* --- ; PUA9TSR .H s. a/** yuo --J&L 8HSATMING _ P* f' n( CLAP90AWD :_Jw .---f/Sj _ ; ; .J Schundler Laboratories have reinstated the gold value in your plastsr dollars. The ' golden glitter, which Identifies Schundler < Insulating Plaster both In the bag and on i the wall, is your assurance of insulating ( end sound deadening value as an integral oart of vour plastered areas. CMUNOUttt ~iSrefSiS! : iNeuLATm ; BCHUNOLSA BllgSlSi MICA P8LL8T ' HB8gl9 WOOD LATH 1 ./* n>p BHBATHINO -- , . The development of a tamper-proof, premixed plaster offering constant values in many fields is a reel achievement. Schundler Insulating Plaster is laboratory controlled as to setting time, trowelling qualities, suction and plasticity, its fire-retarding end insulating values are blended into the plaster with its sound deadening properties--all guaranteed by its content of Schundler Mica Pellets. ; READJUST YOUR HEATING LOAP AND RADIATION RECHECK YOUR STRUCTURAL problems When you calculate the radiation requirements of a new structure,.: check your known heat losses a second time using the coefficient for Schundler Insulating Plaster to replace your figure for common plaster. Your radiation savings.wili frequently pay for e large part of your plaster bill. Now, refsgure the job again using Schundler Insulating Plaster values for all walls and ceilings as against common plaster end, in addition, estimate the added saving from a four inch fill of Schundler Mica Pallets poured between your attic floor beams. Remember! You can entirely eliminate "Cold Seventy" with Schundler Insulating Plaster! ' A careful analysis of these several methods by your estimators will repay you many fold and will re sult in real benefits to your client. COMMON PLASTSH WOOD Lath ftTUD *HfATWWC CLAP&OAKO U w-,26 Demand that the plasterer furnish SCHUNDLER INSULATING PLASTER IN THIS BAG. ; SOUND DEADENING VALUES ARE A SONUS FOR YOUR CLIENT, Schundler Insulating Plaster has in 1H composition over 50% of air colls permanently separated from each other by, tough, rubbery maefitructible fhiea, over 50% of sound deadening traps to retard the passage of sound from one room to the nest. Actual frdKirmjjJon values ere, of course, icontrolled largely by application technique, consrstency end surface finish. That values should be calculated as variables rather then constants. Consider the sound deadening qualities of Schundler Insulating blester simply as a physical bonus for your client in evaluating comparative materials. . DICTATE THE DEW POINT LOCATION ^AND ACCURATELY CONTROL CONDENSATION WITH SCHUNDLER INSULATING PLASTER. tOPVflir.HtBV f t SCHUNOLSR AND CO > , IHC . , l*7 Wall plaster when set must be strong enough to resist the stresses and pressure to which building structures are commonly subjected. Schundler Insulating Piaster is la boratory controlled to insure maxi mum wali strength. If provides sufficient elasticity to prevent cracking under normal structural conditions. Recheck your structural problems. Consider the advantages of less costly structural members made possible by the tremendous weight savings effected by Schundler In sulating Plaster. f Credit pari of your structural sav ings to offset the slightly higher costs of selected decorative ma terials. ; COMMON PLASTER ocMuwoLan MICA PCLLKY' WOOD LATH , 0 9` / m TUD HSATHlMO CLAPOOAftO ipr' INSULAT'NG VALUE WEIGHT SOUND i DEADENING COVERAGE PLASTIC . OUAUTIES UT TV H<0UXV h U0 >1 <S 0aa 5 I *Zy n e2zs 051I?wn5 0 0Dtit 0*B1<9 aww fa! J0hz< Wz > n 0rijJ ?B! u02 < Qw Ou tse 3:** -.e*v n2 2 oil S.J If -5 8 I 5 ii j ii|.r sill f- ^ * dopis * of ` Tests 'of S c H U N D E R JN S U L AT I NG PbASTE-R 8 1 3 5* l!^afe^^aMSWgig S aBrrayg ^-- P L A S T R I N G : (Scratch andBrown Coats) MATERIAL: Material to be used under this specification shall be Schundler Insulating Plaster, manufactured by P. E. Schundler & Co., Inc., 45-15 Vernon Boulevard, Long Island City, N. Y. or 600 Railroad Ave., Joliet, III., and delivered on the Job in the original unbroken bags of the manufacturer. !yi IX INS: ' . . . .... . Mix in ssheli even sized batches, in clean mortar boxes, free from sot plaster or foreign matter. Raise mortar box the height of one brick at one end to provide a gentle slope to the floor of the box. Thoroughly hoe the dry material from one end of the box to the other before adding water; then pour dean cold water into lower end of the box. Hoe Schundler Insulating Plaster into the water, mixing thoroughly until the mortar is of the proper consistency, using between 10 and 12 quarts of water for each 100 lb. bag of plaster. SCHUNDLER INSULATING PLASTER IS COMPLETELY FACTORY MIXED. ADD NOTHING BUT WATER TO THE MATERIAL. . ' ' ., A P P L1 CAT IQN: . : , , .; . Schundler Insulating Plaster shall bo applied in two coats, to grounds provided. The first coat shall be scratched and thoroughly set, before application of the second or brown coat. Plaster bases shall be clean and firm; grounds shall be true jand level. The brown coat shall be floated, darbied or rodded up in accordance with usual practices, *(3ee note below.) ' ::SCOPE: ' . .. ' . .: . ' . A* V .- ' . : All walls, ceilings, soffets, pillars, pilasters and arches shall be plastered with Schundler Insulating Plaster unless other, wise specified. 1 Municipal or State Fire-Retarding specifications shall be followed exactly as drawn and no alternate or substitute ma terials or methods may be used without written permission. First and second coats shaii be approved by the Architect before application of finish coat or paint and all areas which fail to produce the goldsn speckle identifying Schundler Insulating Plaster-shall be removed and replaced. "Schundler insulating Piaster is essentially a gypsum material inreaction. It is subject to the same hazards and treat ment. To retard or accelerate, to correct dry-outs, sweat-outs etc., apply the same corrective measures as with reg ular gypsum plaster. L hr r . Kc-v,.i? . urf>V. ,5SSIF: * -.M $jr ySCUTIVE ORDER 121$6, a -- ~ HARS, tot * Educational 'Bulletin' Schwndler Insulation Dept.-- WovrprTnstrog-rratgqBa. ^./ : . V ' ' `: . . SEE THE .DIFFERENCE OSSdor Insulation !%iflisfs BETWEEN: . and wM^cowmot Mim ..nuns WHAT IS; BBIMG DOME HEBE? -CAF YOU TELL? : jiua is an ac tual photograph taken from eosapetitfve literature (presumably a prise job). Th camera graphical" !y shews haw Itspeesible it is to ssscur a uoilorm insulation depth with wools. Note the "iluiied up" unevenness oi the surface. is this iustilatiea . . . or is it a war scene? Would you werat Insulation to your homo which required the oper ator to wear go masks and pro tective clothing? Compare the smooth, regular surface th con stant density oi the Sehusdler in-; staU'sdoiie ? Note that these Sehundler opera tors require no protective clothing or masks. Mica pellets are harmlees. Whether poured or blown into place, Sshundler tesulcrtiea cannot be "iluf!d up", streiehsd or stsadw-A. It iS ECSst tostilatios. WMd: SmifeIl#jiSI#si Wouldf IT fle3 W&s Ym? Hns? TCHOTHMH MiH' ?KM ----------- ------;--^ ; (Expanded Zonoiit) -- a? asy So @B. Ther is' romance in th product. There is sales appeal in its appearance. Th Schundlsr expanding process is not dependent upon any carefully calculated and del icately balanced chemical formula which controls the-.insulating, success or faslur of wools. Th scientific application. of heat to a natural miners* (Sonolit) guarantees uniformity of pr- .-forename and a'dequai heat control in the.hems frover. ' . ' m* ffe m. mmmmmrn mms m,t tm. ? fe& OUST, ILL f i vO & <38 06 0 p Schundler laboratories have pioneered and developed a new insulating and refractory mineral They hare taken crude mica (vernsiculite) from Mount Zonolite, in Mor.tana, snd built a new industry around it. Our Research Department has invented card pe fected equipment and processing methods which produce dual s' atrol insulation. Schundler Mica Pellets form the base of materials comprising \3is3 Combustion Chamber Assembly Units. BESIMSCTJXION . /, . Schundler Mira Pellets rare low in specific heat They are full of tiny air cells which retard conducted heat Their golden glitter reflects and turns back radiated East ?ito a mirror reflects light Processed at a temperature of 2000 F., Schundler Mica Pellets are unaffected by chamber temperatures* Honest, permanent value. MX NECESSARY PARTS- The Assembly Unit is complete with every material necessary for a perfect insfaliation. Nothing has been omitted. You can't lose time going back to the shop for some forgotten item, . . . . EASYTO INSTALL ' ' The drawings and photographs prove this claim. An apprentice can correctly ,--*wstall the entire chamber assembly in half on hour. . V HELPS TO SSI.OIL..BURNERS' Your prospective clients will Be Quick to appreciate the advantages ol this unit. It is worth an "extra" on She job. Its finished' appearance will please them. Featr the Schundler Combustion Chamber Assembly Unit in. your sales program. The added o:dvemtages will help you to close many a contract and greatly improve your entire competitive position. \ i i Cambio* via / , ' 1i ec mm assem^ mirs maximium Oil Burner results! The most scientificafly d<i-agned and carefully constructed oil burner cannot deliver its utmost: in efficiency unless the combustion chamber into which it fire3 lias been constructed with equal care. Heal engineering skill and a definite knowi- 'ye of refractory requiremen ts under actual service conditions must dictate both --ys selection of materials and assembly procedure. CORRECT' COMBUSnOM . .. .. A crudely erected wall c l common fire brick will serve So confine the flames within itssili but the loss of heat; angle resistances and noise from such a chamber definitely bars it from better type installations. Correct combustion can be secured from a correctly engineered combustion chamber. CO X sSembly unit Smooth Finish Cement Coat The entire surface of the acoustical and insulating fill, behind the chamber walls, is smoothly covered with a finish coat of Schundler --200 high temperature coating. Schundler Processed Mineral Fill After the burner has been set in position and the chamber has been securely placed, Schundler Proces sed Mineral Fill is packed around the entire installation filling the fire box to the height of the chamber walls. The Combustion Chamber Erected from fitted Schundler refractory slabs, labor atory controlled and constant in performance. The Chamber Floor Laid in quarters with lapped joints. The floor is iden tical to chamber walls in appearance, formula cmd construction. Schundler Cushi on Coat A sound deadening and leveling coat applied in plastic form over the floor of the fire box provides a protective cushion for the entire installation. ... ...... Gun Entrance . Thru Pit Door and Chamber Wall Opening Provision is made for the insertion of a gun of standard diameter. If the opening is too small, enlarge with ordinary knife. Insure tight fit by sealing the joint with Schundler Bond ing Cement. Schundler Mica Pellet Brick Schundler high temperature brick are provided to replace the ash pit door if desired, cut to shape wilh any type of woodworkers cutting tools. These bricks may be THE ENTIRE JOB CAN BE DONE.IN HALF AN HOUR" STiliwsll 4-3938 F.E.'SCHUNDLER Asro COMPANY, ftwc.. MINERS PROCESSORS AMD r <RINDERa ; . HOK-METALLIC MINSEALS ; . ' 45-19 VERNOH BOUl/BVABT) . ; : LONG 181AWD CITY, N.Y. : A*t fESCHUNOl* ' - . . : ; . Jta 21*''1957*; ' ., : :. Reference ';^^9/S(585^s) ' f'EagiaserlJig#'. . . ' :&ry; Department , ..: i . ' ' Washington* h. C ; , .. : ' ' . j .; ' / . \] ' . SUBJECT Request far test of materials for u&ry Department ; and-approval* ;= Gentlemans This compaay is til producer of molded high temperature insulation based. upon vermiculit esqsanded by the gehnndler process and our plants at Joliet, Illinois hay been in eoaanercial production of these materials for the past year. : . acmmerCiai acceptance'has'-been widespread fend-we are confident that;these gehun&Xer prod-L'-^s.will'- not only meet eidlsting:mty. specifications for this .class iof Material.but" will; @s& end.; beyend present specifications. I > ; , j 1 formally' md respectfully request, your department te.conduct tests os bath Schundler #121 hiok Insulation and Sbhsmdler Pip severing for;;the purpose of determining its walue' md ^proving both product for use by. the united stats E&Wy : ; '' Tory truly your, . BUBEAfl-.OF EB8INEEBIN6I : " Jf SA SCHUHQU&& & I1IG 788 8W ; JUN ^3; 193? 9 Df Dq DojJp Oy Yfo'Yd Yrrt Yo^ Vt ENCUS~TMAO~~.C Sflfa Steel {-..??apMtiU*t ft 'CoXBa*lHv' ijtott&apaHL.lioBB' Stesi Il^lef .; ; . . :j f firaon ' f .. r ; . .... ;,. $*f feit?s eommossa mi himk &a*i&uoa ftatmnnniUEji m$& e^ jteg l,avtiMrtM#'mter atetaffteatioaFHF: t@ @8 plUsm uritts rafimiM (a) It t Mqafita^:.that- all enragt* ft* fax - tkl t*t M . aftaiwfltliltfc J SfffifPSSWi' MV By ftiMfvtioa : <,.***( *< ?Mtt `~asc".Tif5w'r47^"v\ J'!iSi)SSSSJ)SSjBj| Yo Yb Yd Yt Yo Ym Yr w W--2 W-3 W-4 W-5 ff-6 W-7 W-8 W-9 W-10 N DEPARTMENT OF THE NAVY BUREAU or SHIRS WASHINGTON 28. D. C. (See attached list) J17-a<3*6C) Ser 345C-106 6 JUN 1955 Oentleaenf fhe higher operating steam and exhaust gas tenperatares on the never naval vessels have created a need for sore efficient themal insulation, future steasi teaperattires nay approach 1100/ and exhaost gam teaperatores asp t* ever 1300/. Although present insulating aaterlals are capable of vithstandlng these high temperatures, the thickness of the aaterlal required to properly Insulate the hot surfaces lnpose both a space and veight problaa. Therefere, the Bureau of Ships is preparing to investigate the possibilities of either laproving the shipboard application and performance of existing aaterlals or developing new, sore efficient, insulating aaterlals. Before a definite prograa can be outlined, a preliminary survey will be aade te determine what new developments have been aade by the insulation industry. The Bureau of Ships will appreciate any information or sugges tions that you aay care to furnish concerning this problem. Sincerely yours. Copy tot 648B SUT0008 iSHUSBI - MWMHCTIQI LIST COPT ft Valaa AaBeataa A BaBBer Cospray 833 taeth Mlohlgra inaa OOeaca 4, Illinois Fka* Protects, lu, 478 Braanoa Streat Saa ImeliM 19, Oaliforala flw Illinois Olaas Caapaay Karl* liriaioa P. 0. Bax 1038-36 Talado 1, Ohla Utaatlm Mr. >. ?. Trvmm Johns Maar1.Ua Salas Carporatlaa alt* 636. Yaadvard Building Vaahlnctaa 6. 9. 0. Attaatiaa Mr. Bart Tovar Xeashsy A Mattlaaa Caapaay fabler, Pauqltala faret Kinesis Manafactnrlnc Ca. allay forge, Paansylraala Attaatiaa Mr. Dtlay V. faith fabereld Caspar 600 fifth Arasaa lav York 66, lav Yolk Attaatiaa Mr. Thaaaa , Valtara P. B. Sehoadler A Company, las. 606 Bailraad Streat Joliet. Zlliaala & Phillip Caray Maanfactorlac Ca. Lackland Statlaa Oiaaiaastl 15, Ohia The Magnesia Zaaalatioa Mf(. Asam. 1317 f. Street, 1. Y. Vashlagtea 4, 9. C. Attaatiaa Mr. Marshall f. Allaa Union Asbestos A BaBBer Company 430 Laalagtam Arenas lev York 17, 5ev Tark Attaatloa Mr. Traak B. Krelder PaBse Products, lac. ' 396 fifth Arenas lav York 16, lav Yark Attaatiaa Mr. J. V. Cordrey Oven-Cernlnc PlBerglas Cary. 606 Oaaaaetleat Arenas, X. V. Vaahiartaa 6, 9. C. Attaatiaa Mr. X. A. Kincaid. Jr. XeasBey A Nattlaca Caapaay Baca 1119, Xatlaaal Press Hd. Vashlagton 4, 9. C. Attaatiaa Mr. B. N. Pam Tha Phillip Carer Manofaeturiag Ca. 431 faaaa Aranas Seatlea X Alexandria, Tlrgiaia Attaatloa Mr. Tiaeaat f. O'Balily SUT0008