Document 93ag97NgYX5jYr6nLBOmLbzx3

Wormser Again Heads Lead industries Assn. Felix E. Wormser, vice president of St. Joseph Lead Co., New York, was re-elected president of the Lead Indus tries Assn, at its meeting at the Drake Hotel, Chicago, Friday, April 8. Re elected with him were vice presidents K. C. Brownell and J. A. Martino. The FELIX E. WORMSER executive committee, appointed by the board of directors, includes the officers, as well as L. E. Hanley, president, Hecla Mining Co. and George Mixter, vice president of the United States Smelting & Mining Co. Inc. In his remarks opening the Associa tion's 21st annual meeting President Wormser pointed out that "A free mar ket, operating in the American system of free enterprise, has brought about a swift correction of the serious world wide lead shortage." The first session at the one-day closed meeting held at the Drake Hotel, at which slightly over one hundred members were present, covered the domestic and foreign supply position of lead. This session was presided over by F. S. Mulock, vice president, United States Smelting Refining & Mining Co. Inc., Salt Lake City, Utah. The speak ers were J. B. Haffner, general man ager, Bunker Hill and Sullivan Mining and Concentrating Co., Kellogg, Idaho; F. A. Wardlaw, Jr., general manager, International Smelting & Refining Co., Salt Lake City, Utah; Francis Cam eron, vice president, St. Joseph Lead Co., New York; R. F. Goodwin, vice president, American Smelting & Re fining Co., New York; Marc S. Gold smith, Goldsmith Bros. Smelting and Refining Co., Chicago; and Dr. R. B. McCormick, Chief of the Nonferrous Metals Division of the Munitions Board, Washington, D. C. The afternoon session covered the outlook for some important lead prod ucts and was presided over by D. A. Merson, vice president of the National April 14. 1949 Lead Co., New York. The speakers were R. K. Spofford, purchasing agent, The Okonite Co., Passaic, N. J.; J. H. Schaefer, vice president, Ethyl Corp., Baton Rouge, La.; Walter P. Carroll, manager, Metal Department, National Lead Co., New York; M. M. Zoller, vice president, The Eagle-Picher Sales Co., Cincinnati, Ohio; A. R. Knight, manager, Euston Lead Co., Scranton, Pa.; A. M. Callis, general sales man ager, Federated Metals Division, American Smelting and Refining Co., New York; and H. A. Harvey, vice president, Auto-Lite Battery Corp., Niagara Falls, N. Y. and president, Association of American Battery Man ufacturers, Inc. The following plants of member com panies were visited on Saturday, April 9, Federated Metals Division of the American Smelting and Refining Co., at Whiting, Ind., and the U.S.S. Lead Refinery at East Chicago, Indiana. Frank P. Connolly Choii of N. Y. Club Nominate! The Nominating Committee of New York Paint, Varnish and IS quer Assn, has submitted its cho] of candidates for the club offices; follows: For President, Frank P. Co" nolly; Vice President, Harry C. Soffel Secretary, C. Ernest Seghers, Jr.; Government Has Problem in Flaxseed Holdings Officials of. the, Production and Mar keting Administration of the Depart ment of Agriculture met April 8 with representatives "offlaxseed growers and crushers and consumers of linseed oil to discuss the policy to be followed in disposing of the government's hold ings of linseed oiL and flaxseed. Currently, the Government is hold ing approximately 200,000,000 pounds of linseed oil and some 18,000,000 bush els of flaxseed, the latter representing something over a third of the 1948 crop, acquired under last year's sup port program of $6 per bushel for seed and 26.7 cents per pound for oil. The Government faces a big problem in the disposition of these holdings without tremendous injury to indus trial holdings or great loss to the Treasury. The situation is complicated by the fact that farmers have indi cated an intention of planting about 55 per cent more acreage in flaxseed than has been set up as the goal for this year, which the Government has agreed to support at $3.99 per bushel. Discussion of the problem ran all day, and at the close of the meeting department officials said they could' give no indication as to when a deci sion would be reached, but promised it would be forthcoming before June 30. This would be in line with a state ment made some weeks ago that the administration would not dispose of any of its holdings at less than acqui sition cost before midyear. In the Building Field Walter H. Ferguson, formerly ex ecutive vice president of the National Manufacturing Corp., Tonawanda, N. Y., is heading a new company for the manufacture of insulated asphalt sid ing in Buffalo, N. Y., known as Weatherpanel Sidings, Inc. The firm is capitalized at $100,000. FRANK P. CONNOLLY for Treasurer, Hendrick E. Hendrick son. For members of the Executive Committee, Lester Arnstein, L. G. Cannella and J. P. Dunphy. Nominations of thirty delegates and thirty alternates to the Atlantic City Convention in November were also made. The Nominating Committee was made up as follows: Augustus R. DeVos, Gustave Klinkensteln, Leo Roon, Renshaw Smith, Jr., and Leon Davis Eldot, Chairman. ' Otto Hense New President Cincinnati Paint Golfers Meeting at the Cincinnati Club, April 5, twenty-four members of the Cincinnati Paint Golf Club elected Otto P. Hense, Sales Manager, Pig ment Division, the Eagle-Picher Com pany, as the new, president, succeeding Elmer Bulthaup, local representative of United States Industrial Chemicals, Inc. Other officers elected were Harold Magee, Pittsburgh Plate Glass Co., vice president, and E. J. Shannon, Jr., secretary-treasurer. The club plans to open its playing season at the Terrace Park Country Club, April 12. Elected to member ship was Clem Surman, sales manager, Cincinnati branch of the National Lead Co. He succeeds Walter Lessman, who was Cincinnati sales manager for the lead company, but has been transferred to the company's office in St. Louis, Mo. MLE34276 PAINT. OIL & CHEMICAL REVIEW 1?