Document 8r3NQYaX6mZ0wrVLGOz7z1y5

<S i .1 : LIA24476 LEAD INDUSTRIES ASSOCIATION a*t MADtION AVINUI NSW YORK 17, M. 7. March 10, l?6l SUBJECT: KETRDTC OB LEAP To Medbera of the Lead Industries Association: Enclosed is a reprint of the article ca lead froct the annual reriev issue of "&gl&eerlng end Klnlag Journal," February, 2$6X. Extra cobles are available as lccg as Mr supply lasts. RLZ:J3S Bae. Secretary ; O 9 *m y.*** - " **mmm* tv* 0~ u mb ,- LIA2AA77 Lead SoWrt L ZWfftM Secreuuy Ltd Industrie* Association Lead situation worsened during 1960 --year-end price was lower, producers* stocks were higher end primary sales were substantially lower. Major con-turners should use as much or perhaps more lead in 1961. p 77 i 'i i j i I 'mmp i n in w 'm P ' l i H f; y .................................. . Ktp.lM'd (ram ENGINSEUNG AND MINING JOUINAl February mi V fwWh(n| < . J**c. ii* MI tir.4 *1. X# Y**i >*. N.Y. N 1718.01 w mm**'* wjmi *p* ST? W*'*4" wry- m&tm* LIA24478 Lead R. L ZwgUld Uined, with a consequent substanUal increase in producers' inventories. The natural result was to depress the for eign price, which, despite quotas had a depressing effect on the U-S. price. DwpH. ConUnotd world ovtrpro ductioti of lead and incrttin* producer Hoc111 of the metal boih here and abroad, the lead market wai remarkably Heady throughout the year, fa fact, the New York price remained at 12c from Dec. 21. 1959 to Dec. 13. I960, when it waa reduced le lie per lb. Unfortunately, part of ihia of letd. ue pectcd to thow u *ppreeuW* decline in lead cooiiunpuon m I960. Became of improvemenu in fcaircrio, the/ are more elbeicnt and laat longer. Thta baa reduced the number of replacement batierica oeeded and replacement battenea acco t lot about BOvlp of the automoti' battenea uied. Although new cal Two meetings of the UN's Interna tional Lead k Zinc Study Group were held during the year. At both, insuffi cient improvement in the world kad statistical picture was found to war rant any change in the voluntary mar keting restricuoos agreed upon in 1959, stability undoubtedly mulled from production incrcaied, the trend to In cddition, the report of the ro- two prolonged Hnhes in this country, compact can has affected lead con- examination of the kad position by and the price decrease occurred when aumpuoo because most of the com- the U-b. Tariff Commission led 10 no settlcmcnt of the stnaea was tmmi- pacta use bauerua -=;hiD* several change in the import quotas on kad nent. However, the fact that consump- pounds leas per trnu than aundard established by the Administration late lion held up amaringly well in the roodela. The reduction in consump- in 1958. Lfforu by the domestic in facc of prevailing general business tioo of lead for lolikr probably repre- dustry to have these quotas extended conditiona. declining only 4-ot 354. <nia lower tnduautal activity and tat to fabricated lead products were was probably also a factor. calkin* lead lower construction acti fruitless. This permitted lorcign man Pointing toward 4 brighter future it the tremendous surge of intcrett shown by 4 variety of industries in new applications of lead resulting vity. US. mine production during 1929 reached the lowest level since the turn of the 2tnb Century and, in I960, ufacturers to continue to take advan tage ol this loophole by bringing in manufactured products at higher tnan normal levels outside (he quotas Among the products most affected is from the intensified advertising. u^h- had the dubious distinction of being nical service and research provided even lower it an estimated 24Q.OUU litharge, ami this undoubtedly results in some Understatement of ultimate by the Lead Industries Association toos lead content. Major contributing *nd its expanded research program in factors to this were the scven-moaihs- lead usage in this country in such industries as the ceramic industry, 4 ' the last tew >c***. \V,,,V of long strikes at the properties of the these have no< reached (he tonnage bunact <> C* and American Smell* which is importing substantial quanti ties of kad compounds tor u*. 1:** consumption stage as yet. there is U- ing A Refining Cu. in Idaho. Both ! in (he 1900 session. Congress tie question that more people are were settled in December i w*. worlmg with more different lead pro- former wuh the displacement of the passed legislation that wculd have provided subsidies for small domestic ducts in mere fields of application Mine, Mid k Smelter Workers as the producers. This was vetoed by Presi than ever before, and more technical ofhc.al bargaining agent after an dent Liscnhower with the statement information it being made available NLRB tkcuoo. Primary smelter pro* that he tell legislation of this type to them with which to work. More daction was oot materially aftected would only aggravate the situation by will be said about this later. and showed 4 moderate increase be encouraging additional unneeded pro* cause of ores accumulated a! the Consumption. As previously stated, Asafco smelters during 4 lour-mooth consumption declined only about Vc strike toward the end of 1959. duclion. Statements made by Presi dent Kennedy during the campaign, however, indicated that some such in the US compared with 1959 and Inipom of lead lor U-S. consump* legislation may be acccpubk to the remained ahose the l-miHioa ton tion were, of course, controlled by new adraimuriuoa. mark. This was perhaps better than quota and remained the same as in was to be expected in view of general 1959. So far as is known there were Summary of 1964. Despite the rela business activity. There were some no imports for stockpile as there were tively good rate of consumption both particularly bright spots in the over* & year earlier. here and abroad in I960, Uve situation all picture. Consumption of lead in Product*oa of secondary lead in* worsened to the extent that the year- tetraethyl kad countered the general creased moderately to 1*60, which end price was lower, producers* stocks trend by showing 4 modest increase indicates that such metal U attract* were substantially higher and pro 1 of some 3<V Likewise, production of ing a greater share of the lead market, ducers* sales of primary ksd were red lead and litharge increased slight- Manufacturers reduced their stocks substantially lower. In fact, the drop 1 ly, reflecting improvement in the con- of pig kad during the year by some in primary sales was considerably j sumption of red kad paint and kad 20,000 tom, and, as a result, invea* greater dun the small drop lo con chcmicah made from litharge. The tones to their hands are low. How* sumption. Part of this was due to the use of kad for cable sheathing re- ever, producers* stocks increased an lowering of inventories by consumers, mained practically constant, which estimated JO,000 loos. but a greater amount of softening sod A may be significant in that the l>ottom la the hret World outside the use ot secondary material is also in of the long decline in this use may United States, production of lead con* dicated. The extremely low kvd of have been reached. Unucd to increase and to run ahead consumers* stocks of pig kad is en Storage battenea, the largest users of deliveries which were well main* couraging in that any improvement uw^ai ww,aT'B.. Ipwwi - L IA2A479 *<& ) *0 3@ 9Q in siveir business should be promptly reflected in paler purchase* Irotn producer*. Obviously the only correc tive for the xituabuo it leu produc tion or more consumption, end oot too pal t change in either factor would suffice to bring about a balance. Outlook. With the general buxines* outlook clouded, forecast* (or the lead industry are difficult to make. Regardless of general business, how ever, and barring any dnutfc reces sion, it appear* that some of lea-fa major consumers, like storage battend, tetraethyl lead and cable, should consume as much or a little more lead in 1961 than in I960. In batteries an increase m replacement of 12-volt batteries in standard sue models should compensate lor any limber trend to compact cars, la lvt>0 a new, completely redesigned, battery-powered delivery truck came into production and a number were delivered lor Jiulk, bakery and similar routes. Thu may have a autor in fluence on lead consumption lor baticrics in the years to come. Also, the past year showed a ucod toward a higher percentage of battery-powered industrial trucks compared with gas oline- anJ propane-powered trucks. No the unproved efficiency and longer life o* ):*'d automouve bat teries ha* largely climu^.. ! d-*ger of replacement by other kinds of batteries. Most of the other established uses of lead will depend on the activity of the industries in which it is employed, la this connection two new develop ments m seli-lubncjung bearings, one for high temperature duty, involve lead. One is a mature of lead powder and tedon, and the other a ceramic coating ot (used lead oxide. Both are finding commercial applications. Big break-throughs appear immi nent in two important areas. Ibc hrU a ui ooise borrien. Late iq 1^60, the Lead Industries Association rnued a research report based oa dau pre* puicd by the nationally known firm of acoustical consultants, BoU Berax>ck & Newman. This report created a deluge ot interest in lead as a ma terial (or the control ot sound. Both in construction and industry general ly, control of noise has become a major problem. The report provides basic data which indicates lead (o be one of the most efficient and economi cal noise control materials. Others, working independently, have also in tend Price Changes (Cents per lb N. Y.) U.S. U-d Um (Short texts) Dec. 21,1959..................................... 12.00 Dec. u, tne................................. u.ot corporated lead ia their products for such usage, and a number of ankles on the subject appeared in the techni cal press during the year. High hopes axe held for a whole ocw line of lead applications in this area in the near future. Pieioclectric* U a terra that may not be familiar to everyone but. to put it simply in more words, they are material* that have the ability to coovert electric to mechanical energy or vice versa without moving ports. Lead rirconaie-utinaic is the most efficient piezoelectric thus far found, and it already has important commercial ap plications. Starting as the liay stereo phonic pick-up element several years ago, it ts now the active dement a ultrasonic industrial cleaning equip ment. This baa led to its entry into hotel and restaurant dishwashers. Who knows but what your next home dish washer or washing machine will de pend on the peculiar properties of lead zircooate-tiUnate. The same material ts the heart of a new "spark pump** which replaces the ignmoa systems of power mowers, outboard motors and use ux*. Thermoelectric generators, iud. convert heat to electricity directly, should also be mentioned. Lead tellu* ride U one of the best and is begin ning to find commercial employment in control equipment and other de vices. Other more established uses of lead continue to grow. Our burgeoning nu clear Navy will require tuorc aod more lead shielding in the oeit few years. A number of important new buildings, including the huge Pan Am Building adjacent to Grand Central Terminal in New York; the Boltdi Empire's largest office structure, the Viltc Mane project in Montreal; a new bank in U Paso. Texas, wiU rest oa lead-asbestos pads, specified to pre vent transmission of vibration into the building structures. Airconditiomng cooling lowers of two new New York skyscrapers rest oo similar pads ts do the big, high-speed printing presses in the new plant of the Miami Herald. Sixty tons of sheet lead will go into the Pan Am Budding foundations slooe. 1*9 estimated White Wad................ 11.999 Red Wsd and litharge 25.909 Storage batteries....... 569.099 Cable........................ 69,099 nmidittf................... 59,909 Tetraethyl Wad......... 165,909 Ammunition........... . 45.909 Fod..................... r.. 4,909 Bearing metal....... 22,009 Solder....................... 42,909 Type metal.............. 26,999 Calking Wad........... 79,099 Other uses................ 97,909 IW 11,000 74.000 550.700 61,600 st.nno 160.000 45,500 5,700 25.500. 60.000 28,000 80,000 101,400 1,955,999 1,091,000 Based oo U. &. Bureau of Mines statistics U.S. Lead Supply and Demand (Short too* of lead content) 1469 estimated Supply1 Mine production.... 2*9.99# Sscondary reduction 445,099 Qu-ita imports Ore, tv-, emtr* able... 124.009 Pigs and bars.. 222.600 548,999 1959 255,600 447.600 548,000 Other imports (mainly (or stockpile); Ore, recoviT*Ue.. Pigs and bars....... -- 6.200 41,400 Total................ 1,955,999 1,098,900 Change* in stocks at primary smelter* and refineries....... 59.999 86.600 Total............... 1,925.909 1.185,400 Exults................... 2.000 2,800 Total mfd4e. 1,921,999 1.182,600 Demand: Industrial mssap to*..................... 1,915,999 1.091,100 Estimated stockpnt shipments............ _ 56,000 Consumers and sec ondary tmrfor stocks......,,... 29.999 1.600 (<fecr.) (incr.l I'narcouated (dr.... 4,999 11,900 Total................. 1,921,999 1,192.600 America* Burra* of Meta! Statistics, C. S. Burp.ia of Min'-*, ami Lead Indus tries Association. m v si.a. 'U m M 'J'f pyi. T **. ( \ -