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LEAD INDUSTRIES ASSOCIATION, INC.
* NADIION AVINUI
MCW YORK. N. Y. ,0017 HMI - uu MH *l>
March 22, 1966 SUBJECT, REPORT OP ASSOCIATION
ACTIVITIES - 1965
To Manbers of tho Load Industries Association, Inc., Enclosed arai 1. Report of tha Secretary for the year I965. 2. Report of the Treasurer for tha year 1965. 5. Current Hat of nihara. Sincerely youra.
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David M. Borcina Secretary, Treasurer
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Continued growth in th* activities of th* Association was shown during 1965 with increased services for ths members and, more Importantly, for tha consumer* of laad. Tha ovarall advartlalng and publicity programs vara incraaaad aubatantially with tha araaa of activity remaining much aa thay vara a yaar ago. Tanglbla raaulta of tha Association's actlvitiaa ara notad in tha datailad diacuaalona that follow.
On# of tha most intaraating aspweta of our promotional actlvitiaa haa baan raflactad in tha typa of inquiries wa ara now gatting. All of thaaa express an lntaraat in laad and its product* of courta but more Importantly thay ara baginning to ask hew spacifically can X use laad to solva ay problem.
Following la a datailad discuasloo of tha Aaaoclatlon's nore important activities.
TtCHBICAL SKkVICf AFP STAFF
An addition was made to tha staff during 1965 to asaist in Safety and hygiene activities. He la Janes C. Houma*, an industrial hygienist who was formerly coordinator of industrial hygiene services for the Continental Can Company and prior to that was with th* D.S. Public Health Service. Ho other Changes ware mad* during 1965 and th* staff and its basic duties remain aa followsi
C. A. Sakar S. Fader D. 0. Fowler S. D. Martin J. M. M- Award J. F. S->ith ft. B. Travis B. X. Valley
Batteries, Cable Sound and Vibratiom Health and Safety Architectural and Conrtruction Advertising, Trade Shows Ceramics, Solder and Pigments Corrosion, Cabls Accountant, Office Manager
Tha varied technical skills and disciplinss that the staff provids suJces it possible to handle the widely diversified problem* that confront us sach day. I should add that though we all have differing basic eras* of interest th* staff works so closely together that any one of us can supply at least a partial answer to questions that may arise during another's absencs.
"IHB LEAP MAThlX* L.I.A.'a -HPVI8
Tha Association's first motion picturs "The Laad Matrix" was completed in 1965 and had its premiere showing on Bovsmber 29, 1965. Twenty-*lx minutes long, th* film is 16 ns. in full sound and color. Tha comments of those that have seen it rang* from "very good" to "excellent." Widespread distribution is planned
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tor 1966 among professional audlencts, universities, technical societies, adult groups and high schools. Tslsvision showlags iri prominently in our distributional plans. Ovar 100 prints will ba working.
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A major at fort during stoat of tha year has baan diractad toward an effactiva prassntation of tha facta about laad in tha environment, development of information material for usa outsida our industry, and dasign and institution of rasaarch to fill gaps in our knowledge about laad toxicology, Largaly as a rasult of writings by a gsologist, who claims concarn ovar amount* of laad ha has found in snow and watar. vs as an industry ara considerad by some to hava baan placad on tha dafansiva as far as environmental health is concerned. While tha allegations ara mainly concerned with laad in tha air. there hava baan alarming statements BMda concerning tha total amount of laad in tha environment. Most of tha physicians and public health workers in this country hava given little credence to geological state ments about man's halath, but tha Division of Air Pollution of tha O.S. Public Health Service accepted tha general thesis as being one that required further investigation and bald in beeamber a `Symposium on lead in tha Environment.* While tha swating resulted in a considerable amount of publicity about laad in tha environment, it turned out on balance to be a rather empty effort as far as stirring up any public or lagislativs indignation, aovsver, it did htlp to spur Senator Kuekle. Democrat from Heine and chairman of tha Senate Subcommittee on Air and Watar Pollution, to announce that ha would investigate laad in sir pollution.
Zn our opinion tha allegations made against laad as an environmental poison hsva baan without value, but this has not meant that we could ignore them and our activities hava largely bean guided accordingly. Zn lata 1965. tha Board of Directors approved tha hiring of Bill A Knowlton, a vell-khown and widely experienced public relations firm, whose efforts will be used in addition to those provided by our advertising agency in the Lead information Program.
Quarterly distribution of ths Kettering Abstracts on Lead Toxicology was made during the year to a controlled and limited list of about 400 people. The second of our series of Pacts bulletins on lead toxicology entitled "Pacts about Lead in Air Pollution* was prepared but has not yet been issued.
LIA's effort to bring together the industrial truck and battery manufacturers end the electric power groups that supply the current to recharge the batteries really began to bear fruit in 1965.
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First, there were successful truck shows or rodeos in 6 important Industrial centers around the country. Probably the most exciting of these vss at Kansas City in October where nore than 600 VIP industrialists were exposed to 125 pieces of equip ment and some very large orders were actually written on the exhibit floor.
Second, and aside fron shows, there were some equally important market development programs instigated by our cooperative efforts with the two groups mentioned above. These programs took the form of mailing campaigns, sales contests, trade paper ads, and power company personnel training seminarsi some incor porated all of these facets, others only part. These events were staged within 14 power supplier areas and results ranged from moderate to outstanding, depending on the time and effort expended. In every case our literature and/or ad reprints were utilised by the electric power utility.
Third, the highly successful brochure, "Industrial Trucks, What Do They Cost - co Own, to Operate, to Maintain?" was revised from the 1959 edition. More than 125,000 copies of the original have now been distributed and it also has been translated into seven foreign languages. The new version brings dollars up to 1965 levels, and ctill features easy-to-use nomographs for basic comparisons.
Wo are mr-rher* of the Electrification Council, a splinter group of the Id-, in Moctrie Institute, and meet regularly with their sal*:*! prev.x :io*. ci>---Lttee, as wull ta with the Electric Truck Committee ol the Material Handling Institute. This important liaison will allow us to keep in clone contact with the mnnager^nt level of both these groups which are so essentiel to continued success in selling nore lead to the industrial battery market.
ARCHITECTURAL
At the beginning of the year L.Z.A.'s new booklet "Lead Roofing and Flashing1' was completed and mailed. Later in the year ita selection tor an award by the Producera Council in collaboration with the National Association of Home Builders was a measure of ita usefulness. It has since served ee a basic sourca for material in reply to requests for information on all sheet lead roofing or flashing problems. A companion piece, "Waterproofing With Sheet Lead" has filled in with useful infor mation on watarproofing where membrane type installations are indicated. L.I.A.'a four page catalog for Sweets Architectural File was refurbished and supplied with an updated specification.
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On* of th* major prohlaas presented during the year by * leading architectural firm involved th* ua* of ah**t lead in what v* b*li*v* will b* the world1* largest reflecting pool, Unlike other auch pools however, th* architect desire* that th* lead b* left exposed, that i* serve a* th* bottom of th* pool without benefit of protection fron any of th* usual finishing materials auch as atone or asphalt. A method of construction that we be lieve will avoid th* problem* of expansion and contraction was worked out. With th* cooperation of a manufacturing member's laboratory and a lead burning contractor there is now under test a 900 sq. ft. teat section incorporating L.Z.A. recommen dations. This was set out last spring and to date has success fully withstood a wide variety of temperature and weather condi tions with encouraging results. Work on pool linings continues with background provided by the apparently successful test now under way being especially helpful. Several large pools om Washington are in process of construction, and a close check is being maintained on specification and final drawing preparation. Consultation with federal architects in th* Rational Park Service has resulted in lead being used in a building restoration in independence Rational Historical Park in Philadelphia.
ROISe AMD VIBRATIOH COMTROL
in 196S we continued to run case-history eds about vibra
tion pads and also advertised test results on sheet lead plenum
barriers. Publicity Included articles in LEAD and in the trad*
press on both vibration pads and noise control -- th* articles
including a story about th* first architectural us* of the pads
in England, lev*"lopment of lightweight movable walls, and the
successful
proofing of a lie-detector test room, among
others. "Practical Sound Barriers," a 12-page technical report
and manual was published and distributed. It has met with
marked success and resulted in orders for lead by architects.
Also, as a raault of discuaaions with the architects th* Federal
Government is using sheet lead for sound attentuation in their
standard prototype control tower for all airports built in the
future as part of th* Federal Airways program.
Th* year was marked by the clear establishment of thin, continuously-cast sheet lead as a preferred material for plenum barriers. Production and genaral availability of the product should now lead to substantial sales. A number of installations hsv* been mad* and othars underway that are using from five to seven tons of lead each.
CABLE SHEATHDW
Th* primary purpose of L.Z.A.'a modest advertising and promotional efforts in this area has been to keep engineers aware of the many advantages of lead cable sheathing. W* are concentrat ing our efforts on power cable and using caae-history types of
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advertising describing both in-plant end electric utility applications. More than 10,000 coplee of the L.I.A. 24-page
t booklet 'Lead Sheathing for Power Cable" have been distributed since ita publication in 1943.
i CERAMICS
The uae of lead in ceramics continued to show an increase in 1965. Major applications, such ae glass and glass ingredients, axe growing with the industry generally. Last year, for the first time in several years, all porcelain enamelers of aluminum reported stepped-up production. Several other encouraging signs are evidenti Minnesota Mining and Manufacturing Company has developed a technique nr porcelain enameling of aluminum foil using leaded enamels. With an adhesive backing already applied by 3m, the market for this foil both as a wallpaper and for numerous exterior uses could mean a slsable increase in the tonnage of lead consumed for leaded porcelain. In another devel opment, Kaiser Aluminum unveiled a process for porcelain enameling any aluminum alloy with satisfactory results, whereas previously, only a few aluminum alloys could be successfully enameled. A major automotive company which last year was reported to have great interest in the use of high lead content (20% Fb) ceramic permanent magnets for small electric motors in automobiles has now progressed to the stage where they are acquiring equipment for pilot plant operations. All indications are that lead ceramic permanent magnets will be their choice. If full-scale production is commended using the high lead system, consumption of lead for this single new application would be quickly pushed to 1,000 tons or store annually. As a present "doping additive" in the conven tional barium ferrite ceramic permanent magnet, lead consumption continued to increase last year and amounted to over 300 tons. Another lead bearing ceramic, lead clrconate titanate, made its first commercial step in the final quarter of 1965. Clevite Corporation's Pieroelectric Division introduced a spark ignitor : for use in portable stoves such as the Coleman camp stove and others. In addition, L.I.A. arranged for a meeting between Clevite personnel and parties at the American Gas Association in order to promote use of this ceramic in place of pilot lights in gas ovens, dryers and other gas appliances. A.G.A. was very enthusiastic and a pilot modal stove is now under way which could be shown around the country to gas appliance manufacturers in order to demonstrate the feasibility of using lead rirconate titanate and to encourage these manufacturers to adopt use of the material. In addition to providing technical service and consultation in the above mentioned areas of ceramics, L.I.A.'s advertising and services were directed to the glass Industry also which presently consumes a major portion of the lead used in the ceramic market.
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Lead pigment* Jor metal protective paints and lead chroHt* yellow traffic marking paint* were promoted by th* Association throughout 1965. Effort* on cKrona yallow work stepped Up considerably in anticipation of tha ultimata introduction of a naw sulphur-basad coating material which preliminary tests touted as being cheaper and offering much longer life than ordinary yellow paint systems. In Vovember of 1965 tha Association produced and distributed an eight-page brochure on chrome yellow paints emphasizing their ease of formulation and application. Considerable emphasis was also placed on th* safety aspects of chrome yellow where a sizable market for such paints exists. Red lead and basic lead silico chromate pigmented paints were advertised and their applications were written up in LEAD.
SOLDER
In spit* of many attempts to replace eolder with other joining materials, it has shown continued growth in usage. As noted last year, however, with its consumption concentrated in only three industries - automobiles, car.* aid electronics - loss or replacement of solder in any on* of these markets could seriously impair its growth prospects. L.I.A.'s advertising and promotion effort, therefore, was directed throughout 1965 towards bringing about new applications and improving the efficiency and cost picture where it is presently used in order to assure continued growth in use. We feel that this effort has been highly successful thus far, and our 1965 advertising and promotion in this area generated a tremendous response from persons using solder or wishing to employ it, yet unavare of the new techniques available to assist in its us*. Two articles which appeared in th* trad* press were prepared by th* staff on th* subject of new soldering techniques and solder alloys, and these have received wide distribution.
TERRE KETA1
In our opinion this program has been most successful. It has aroused interest and demand, with th* result that the steel companies are actively promoting this product. Th* two major producers have started advertising programs of their own and one of them has already published and distributed widely a 12-page booklet on th* subject and th* other has on* under consideration. Th* other two producers have market studies underway and w* are hopeful that their findings will justify additional production. On* adverse element in th* picture is the drive by the plastic industry to replace th* present tern* metal automotive gasoline tanks with molded plastic tanks. At least on* major automobile manufacturer has these plastic tanks on test. If successful, this development would seriously affect th* tern* market tamporarily, in our opinion, as w* are sufficiently convinced that
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there ara innumerable untouched markets that could ha exploited 12 production facilities were avallahla.
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Tha marketing of tha naoprens-type mechanical joints for caat-iron aoll plpa la making aarloua ln-roada In tha uaa of calking laad. A racent artlcla In tha du Pont magaxlne raporta that 10 million of thasa naoprana gaaketx hava been used In tha laat flva yaara, with tha uaa accelerating. Tha conventional calkad joint In caat-iron uaaa from 1<j lb. to 3 lb. of laad par 2, 3 or 4 in.diameter plpa ao It doean't taka much of a mathema tician to figure tha loaa. The relative merlta of tha two typea of jointa ara under lnvaatigation by X.L.Z.R.O. and It la hoped that tha raaulta of thla work will provide tha anawara needed to minimise laad'a loaaaa in thla market. Tha relatively minor advertialng effort conducted in 1965 waa literally awampad by tha expenditurea made by tha caat-iron people thamselvee and by du Pont, manufacturer# of tha naoprana. Unless some satisfactory method of reducing tha on-tha-job labor required for laad calked joints or sons faults in tha substitute joints can be found, the possibility of regaining this market la minimal.
CHEMICAL COBSTJWCTIOB AHD CORROSIOB CONTROL
Visits to tha chief laad burning contractors in tha eastern tJ.S. ware made to evaluate tha position of laad as a chemical construction material. (A similar survey of tha western contractors waa made in 1964.) All tha contractors reported that there is a significant increase in tha amount of chemical construction throughout tha country. Seventy par cant said that their leadwork for this construction has increased or, at least, remained static. Moat of tha chemical work la lead linings that ara going into tha old standbys* sulphuric acid tanka, chroma plating tanks, pulp tanka and tha few remaining rayon plants. We learned of no significant inroads being made by laad into new process equip ment. All of tha contractors mentioned cases in which laad baa recently replaced, or re-replaced, eons other material. Wot surprisingly, whan tha appropriate customers vara approached for dataila of tha changes they either refused to give Information or did not answer at all. While this look at tha chemical construction industry ahoved a more encouraging aituation than in tha recant past, wa could aaa no clear-cut evidence that an advartising campaign in tha trade press would divert asich additional business to laad.
It should be pointed out too that throughout tha country tha graataat part of tha laad burning contractors' work is for radiation shielding in one form or another -- x-ray room walla, shielded irradiation chambers, shipping and other casks, ate.
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A number of senior design engineers engaged in making reac tors and other nuclear equipment were interviewed to elicit their opinions on two Min points> 1) Bow important is lead in the construction of reactors and related equipment? and 2) would L.l.A. be performing a useful service or serving the interests of the lead industry by starting an advertising caapaign? The ads were expected to be built around case histories of lead applications. While the engineers agreed that a great deal of lead is used in a wide variety of applications (`All In all, lead is a very sophisticated material and there are many valuable tricks you learn to do with it,* said one) there was doubt that a series of ads would be very Informative, or add such to the advertisements currently run by saber companies. Our program now is to unearth as many of the `valuable tricks* as possible for use in UEAD magazine and for placement in appropriate trede magazines.
PgSICT POIRESEIIW
Effort in this ares is primarily one of educating design engineers in the many and varied usee of leed end lead products. Ws have continued participation in the Sweet's Design Catalog File, advertising in the Design magazines, exhibits at the Design Engineering Show end by personal contact. The emphasis has been to get these engineers thinking in terms of leed as a modern and versatile material that may solvs their modern design problems.
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Statistics - The regular monthly statistical services for msmbera were maintained and the Annual Statistical Review issued. In addition, we published e comprehensive booklet `Deed in 1964" that reviewed the leed situation as it affects both producers and consumers.
Information Bulletins - Seven of these were sent to members at intervals throughout 1965. Judging by the number of requests received from members for further information about the items included, this release appears to be very worthwhile.
The L.l.A. Battery Booster - Tour of these bulletins designed to inform electric power and battery people about new lead-acid battary developments and applications were issued during the year. Approximately 1,600 Individuals now receive copies.
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Second Internstlonal Lead Conference - The Executive vice President attended the confaranca hald in October, 196$, at Arnhem, Bollard and presented aavaral papart prepared by the staff.
Lead Abstracts - These Monthly publications issued by the Lead Development Association, London, and partly financed by us were distributed to approximately 1,400 people In the O.f.
Research Digest - This seal-annual report of all X.L.Z.R.O. research projects relating to lead was distributed to a list of over 500 individuals and companies, all in the 0.1.
WM PUBLICATIONS
The following new publications were issued or diatributed during the year and were sent to appropriate mailing lists in the quantities indicatedi
ten
Lead (4 issues)
12 220.000
Lead Abstracts (12 issues)
varies
18,000
Lead Roofing and Plashing
16 14.000
Lead and r.lnc-Free World Supply
40
2.000
and Demand (Jointly with
American zinc Institute)
Annual Review - Lead 1964
16 2,000
Practical Application of Sheet
12
14,000
Lead for Sound Barriers
Follow the Safety Line with
2,000
Chrome Yellow
Facts about Lead and Industrial
0
8,000
Hygiene
TOTAL
280,000
Additional copies of all of these have also been distributed as a result of inquiries and at trade ahowa.
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One of the most useful promotional tools involves the use of favorable articles writtan by the L.I.A. staff or others on lead's usage that appear in the trade press. These are reprinted and distributed, some in bulk to the various L.I.A. mailing lists and others to answer specific inquiries.
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Those that vara reprinted during 1965 lncludadi
Subject
Publication
Quantity
Diatributad in Bulk
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Lead in Nodarn Chaaical Conatruction
Ceramic Permanent Kagneta Organo - Lead Job Runt Haw Caea for Tarna Coatad
Steal *Usa Epoxiaa to Lina
Tanka with Lead It Takea a "Lifetime"
to Paint the PriacoOakland Bay Bridge "Mhere to Ose Tarna Coated Steal Xaolation of RailroadSubway Noise and Vibration Cathodic Protection for an Offshore Structure Thera'a Something Sew to Know About Battery Power Lead Roofing *65
Soldering Alloys
"The Encyclopedia of Chemical Process Equipment"
`Ceramic Age* Chemical Meek* `Materials in Design
Engineering* `Chemical Engineering*
American Painting Contractor*
Natal Progress
Progressiva Architect"
"Materials Protection"
Modern Materials Handling"
Roofing, Siding and Insulation"
"Machine Design"
TOTAL
6,000
300 300 300 300 7,000
13,000 13,000
--
-- 14,000
4,000
300 300 58,600
* Prepared by members of L.X.A. staff.
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Tha total circulation of tha apaca advartiaing la trada and bualnaaa magazines in 1965 waa ovar 1,200,000. Baaad on tba number of advartlaamanta appearing in each publication this raaultad in ovar 12,000,000 individual advartiaing messages. A datailad liat of tha publicationa uaad in 1965 and thalr circu lation follows!
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Pages
Circulation
Subiect
*
American Ceramic Society
4
9,383
Ceramics
Bulletin
American City
6
32,043
Paint, Calking
American Painting
Lead
4
35,423
Paint
Contractor
Buaineaa Week
13-2/3
500,000
Batteries, Pools,
Roofing, Anti-
Vibration, Sound
Ceramic Age Ceramic Industry Electrical World
4
8,352
Ceramics
4
5.654
Ceramics
8
29,612
Cable, Batteries
Engineering Hews Record
13
89.669
Roofing, Anti-
Vibration,
Pools, Paints
factory
10
72.124
Batteries, Anti-
Vibration
Machine Design
Sound, Cable
6
71.227
Properties 4
Material Handling
4-2/3
50,982
Uses Batteries
Engineering
Materiala in Design Engineering
Metal Products
6
33,375
Properties 4
Uses
6
17.711
Ceramics, Terns,
Manufacturing
Solder
Modern Materials Handling
4-2/3
50.039
Batteries
Plumbing-Heating-Cooling Business
6
29,945
Calking Lead
Product Design 4
6-1/9
68,989
Solder
Development
Product Engineering Progressive Architecture
6 12
70.655 47.896
Properties 4 Uses Pools, Anti-
Vibration,
Roofing, Sound
Porcelain
Roofing-Siding-Insulation
6
11,693
Enamels Roofing
Rural 4 Urban Roads
4
42.026
Paint
TOTAL
1,276,798
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TRAPS SHCM8 AHO COUTBSW
In 196$ tha Association had display booths at six national trads shows as followsi
American Znstituts of Architscts Construction Spscifications Znstituts Design Engineering Show Exposition of Chemical Zndustxias Industrial, institutional 4 Cooaercial
Building Exposition National Plumbing-Beating-Cooling
Exposition
We ars convincsd that participation in thsss shows is of considsrabls valus in providing maana of psrsonal contact with usars and potantial usars of laad that is not availabla in any othar way. Thay also hava tha dual advantaga of providing tha staff with tha opportunity of gaining first-hand knowledge of tha naads and requirements of major sagmsnts of various industriss.
As in tha past, L.Z.A. has continuad to cooparata with tha plumbers' Onion in tha conduct of thair Zntarnational Plumbers' Apprantica Contast hald aach yaar at Purdus Onivsraity. Ona of tha staff aarvss as a judga in tha laad working phasa of tha contast and anothar (Boaar Yataan, ratirad) sarvas as an instruc tor for rsfrashsr coursas for teachars of appranticas. Tha nacassary laad aatarials ara also providsd.
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Tha total nuabar of Inquiries incraasad substantially in 196$ to an avaraga of about 1,S00 a month. Of thasa, roughly 200 a month wars of a tschnical natura rsquiring tha paraonal attantion of ona or mora mambara of tha staff.
Tha following tabla shows total inquiries racaivad and handlad by tha staff, brokan down by sourcas, in 196$ and 1964. Tha haading 'Tschnical* maans inquirias that raquira spacial handling such as by lattsrs, phona calls or parsonal visits and 'Oanaral' ara thosa that ara simply litaratura requests*
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Technical
Total
Tech<*neral iii
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Magazines Press
Releases "Lead" Exhibits Telephone Personal
Contact Other
5,712 5.527
164
2,122 1,315
(a)
202
1,309 442
1,015
204
5,876 5,527
2,324 1,315 1,309
442
1,219
2,813 1,262
2,014 1,222
(a)
839
196
217 1,307
409 217
3,009 1,262
2.231 1,222 1.307
409
1,059
15.691 2,321 18,012 fa) Included la other categories
8,150
2,345
10,495
LITERATURE DISTRItOTICTI
Literature distributed through inquiries totaled 93,684 copies in 1965 coopered to 63.638 in 1964. a very sizable increase. As frequently happens one enquirer nay write requesting a dozen or several hundred copies of our literature for his own distribution or a single enquirer My get four or five pieces of literature pertaining to his particular problem. It is for these reasons that the quantity of literature far exceeds the number of inquiries.
L.I.A. advertising and publicity and the new literature available from year to year have a strong Influence on the subject and quantity distributed, but what is most interesting in the following breakdown is the wide diversity of interest in lead products shown by those requesting assistances
1965
1964
Alloys
33 135
Batteries
22,246
21,782
Bearings
128
158
Cable
499
894
Ceramics
4,912
3,635
Corrosion
10.367
3,150
Health 6 Safety
1,220
()
Paint
1,658
1,378
Plumbing
5.470
3,585
Radiation
1,419
2,021
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Roofing, Plashing A
17,389
4,649
Materproofing
Solder
3,578
1,671
Sound Attenuation
12,473
9,853
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Vibration Control
9,018
5,687
Miscellaneous
9,477
5,040
T7TAL
93,884
(a) Included in "Miscellaneous*
63.638
wi. in. ipimn'! .... ................... imsuusm.npi. .............
esv>
lurch 22, 1966
MmoAL xiraa for tha YBAA 196S
Tha Traaaurar raapaetfully aubmita tha attachad raport of tha audit of tha accounta of tha Aaaociatioa aa of Oacaabar 31# 1965 by Haahlna 6 8a11a.
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........at-i >>ie*Mfaae6l*aaetaa' * <'mar 1 ti ii fir i. .-- -
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Aa required by the Bew Tork Menberahlp Corporations Due, the aeabere of the Lead Industries Association, Inc., ere edrlsed that the Aeeocletlon hea no reel property end that lta pereonel property consists of ccanerclel end seringa depoeita in the following bankai
Ccmerclel Banka The Cheat Manhattan Bank
Seringa Aceounta-PenaIon fund
Balgrent Industrial Seringa Beak
Herlea Seringa Beak
Seringa Accounta-LIA funds
The Cheae Menhettea Beak The Dire Seringa Bank of Brooklyn Umpire City Seringa Bank The Franklin Seringa Bank The Greenwich Seringa Beak
The Kings County Seringa Beak ringa Highway Seringa Beak The Hew Tcrk Seringa Bank South Brooklyn Seringa Beak
Verified by Verified
Prealdent
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LIA1A009
Aw*-
HASKINS & SELLS
ct*Twice mm a c c o v t aw t *
TWO SKOAOWAT NEW TONK IOOOA
March 7, 1966
ACCOUNTANTS1 OPINIOH
Lead Industries Association, Inc.:
Ve have examined the balance sheet of Lead Industries Association, Inc. as of December 31, 1965 and the related statement of Income, expenses, and reserves and the supple mental schedules of cost of publications, advertising and promotions, and research projects for the year then ended. Our examination vas made in accordance vlth generally accepted auditing standards, and accordingly Included such tests of the accounting records awl such other auditing procedures as ve considered necessary in the clrcunstances.
In our opinion, the accompanying balance sheet and statement of Income, expenses, and reserves and supple mental schedules present fairly the financial position of the Association at December 31, 1965 and the results of its operations for the year then ended. In conformity vlth gen erally accepted accounting principles applied on a basis consistent vlth that of the prec-',''''
I
- I ' 1 11. WK-9rngnm*mu I !U
WPHlI': p 111 111
LIA14010
*
ii LEAD INDUSTRIES A350CIATIOW. INC. i
! BALANCE SHEET. DECEMBER 31. 1965 1
as set s
CASH: Operating funds (including *avlrgs bank
deposit*, lies,>0.89)...................................... Bnployees Pension Plan Fund (savings bank
deposits)................................. ................................
1284,473.01 6.357.50
Total cash.........................................................
ACCOUNTS RECEIVABLE.................................................................................
ADVANCES FOR TRAVEL BCPENSES.............................................................
AIR TRAVH, DEPOSIT................................................................................. ..
1290,830.51 1,002.25 3,050.00 425.00
TOTAL
1295.307.76
LIABILITIES AND RESERVES
ACCOUNTS PAYABLE.......................................................................................
MEMBERSHIP ASSESSMENT RECEIVED IN ADVANCE.................................
RESERVES: General Fund............................................................... International Lead Zinc Research Organiza tion Fund.................................................................. Employees Pension Plan Fund...............................
1 98,791.62
126,869.62 6.357.50
Total reserves................................................
1 4,504.02 58,785.00
232,018. *4
TOTAL.............................................. 1295.307.76
See Notes to Financial Statements.
H
1
'T ' X ! I |IH|l
y * mm*.'
LBAD JN
STATEMENT OF FOR THE Y
INCOME: Membership assesments................................... .................. Transfers between funds................................................. Interest on savings bank deposits............................ Miscellaneous (including sales of publications) Total Income...................................
EXPENSES: Salaries and payroll taxes........................................................... Temporary office help.................................................................. Rent.......................................................................................................... Office supplies................................................................................... Office services............. ..................................................................... Travel (includes entertainment and luncheons).................. Association dues............................................................................... Meetings (net of fees, $17,381.87)................................... Telephone and telegraph......................................... ....................... Books and subscriptions................................................................. Business Insurance...................................................... ..................... Group life Insurance........................................................................ Printing.................................................................................................. Mailing.................................................................................................... Teat program......................................................................................... Legal, accounting, and consultation fees............................ Technical writing.............................................................................. Pension plan costs............................................................................ Furniture and fixtures................................................................... Abstracting service.......................................................................... Foreign translation service........................................................ Miscellaneous..................................... ................................................. Cost of publications, net (see Schedule A)........................ Advertising and promotions (see Schedule B)...................... Research projects (see Schedule C)......................................... Expenses - net.............................................
EXCESS (DEFICIENCY) OF INCOME OVER EXPBVSE3 FOR THE YEAR RESERVES, JANUARY 1, 1965.................................................................
RESERVES, DEC&fBER 31, 1965.............................................................
( ) Denotes red figure.
See Note
DU9TRIE3 ASSOCIATION. INC. -
INCOME, EXPENSES, AND RESERVES EAR ENDED DECEMBER 31, 1965
TOTAL
OENERAL FUND
INTERNATIONAL
LEAD ZINC RESEARCH ORGANIZATION FUND
BtFLOYEES PENSION
PLAN FUND
$1,174,917.45
9,344.96 1.501.73 1.165.764.14
285,421.57 1,567.82
30,439.98 14,493.12 11,608.73 55,550.27
2,452.87 6,128.86 9,796.27 2,281.16 1,685.75 1,154.25
659.08 10,882.85
3,962.58 47,111.68 "7,931.50 29,780.00
3,848.71 9,367.72
621.00 3,613.64 81,748.11 275,965.64 396,495.11 1.764,568.27 (78,804.13) 310,822.87
$ 232.018.74
$643,345.45 (12,000.00) 3,869.72 1.501.73 636.716.90
202,416.82 463.25
19,440.00 5,225.09 7,108.75
38,031.07 2,137.21 3,401 .S5 4,910.96 1,044.19 1,401.45 719.86 659.08 7,372 .42 3,962.58 3,756.39
1,772.56 9,367.72
2,214.33 81,748.11 275,965 .64
673.139.03 (36,422.13) 135,213.75
$ 98.791.62
$531,572.00
5,083.25
536.655.25
83,004.75 1,084.57
10,999.98 9,268.03 4,499.98
17,519.20 315.66
2,727.31 4,885.31 1,236.97
284.30 434.39
3,510.43
13,355.29 7,931.50 5,516.00 2,076.15
621.00 1,399.31
$12,000.00 391.99
12.391.99
24,264.00
396.495.11 567.165.24 (30,509.99) 157.379.61
5176.869.62
24.264.00 (11,872.01)
18.229.51
$ 6.357.50
ya to Financial Statements
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LIA14013
LEAD H^rr-STRrgS ASSOCIATION. INC.
FOR THE YEAR EKDED DECEMBER 31. 1965
SCHEDULE A
i i
!
t
COST OF PUBLICATIONS. MET
"Lead".........................................................................................
f 38,213.21
Reprints........................................................................................................
5,837.48
Supplements to "Lead In the Ceramic Industries".
1,301.21
1 Sweet's Catalogs...................................................................
13,356.05
Roofing Handbook................. .................................................
975.54
Yellow Traffic Faint..........................................................
2,930.35
Proceedings of International Conference..................
1,500.00
Hoffman Translation.............................................................
1,000.00
Batteries........................ ......................... ................................
2.847.83
Improved Sound Barriers....................................................
848.10
Sound Attenuation.................................................................
5,246.05
Annual Review.........................................................................
789.54
Picture Book..................................... ......................................
2,011.98
Antl-Vlbratlon Pads............................................................
1,708.94
F
Joint Proceedings.................................................................
3.181.83 i
TOTAL
$ 61.748.11
< SCHEDULE B ATVERTTSirr; as t > p r o mo t io n s
Advertising space:
j
. <
Solder.......................................................................................................... $ 9,406.35 j
Terneplate..................................................................................................
7,417.93
Batteries....................................................................................................
33,513.34
Construction.............................................................................................
24,207.57 I
Design..........................................................................................................
6,285.18 |
Vibration control.................................................................................. Noise............................................................................................................ Cable............................................................................................................ Pigments..................................................................................................... Plumbing......................................................................................................
Total..................................................................... Advertising production............................................................................ Conventions and exhibits....................................................................... Apprentice contest.................................................................................... Health and Safety Information Service....................... National Sporta Shooting Foundation................................................ Motion Picture............................................................................................. Miscellaneous..................................
TOTAL................................................
14,206.68 14,022.58
7,927.82 14,681.32
6,099.21 151,702.27
25,043.94 16,282.91
1,074.50 25,811.64
650.00 54,305.23
1,095.15
#275,965.64
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SCHEDULE C
LEAD INTU3TRHS ASSOCIATION. INC.
RESEARCH PROJECTS POR THE YEAR ETOTO DBCB<BB1 31. 1965
Lead Povder Metallurgy - Rannallear...................................................$ Lead Povder Metallurgy - 0. of Brltlah Columbia......................... Reinforced Lead - I. I. T......................................................... .. Sound Attenuation - Ooodfrlend k Associates................................. Jolnly Lead to Lead - ASAR........... ........................................................ Lead Povder Metallurgy etc. - ASAfl..................................................... Lead Metallurgical Fellowship - f&jeenaland 0............................... Flushing Applications of Lead................................................................
Further Development of the D M Process - Broken Hill............. Ceramic Fellowships...................................................................................... Lead Organic Compounds - Organlsch T.lf.0....................................... Organolead Chemistry - Quartermaster, 0. S. Army...................... Pigments for Vater Soluble Vehicles - Eagle-Plcber.................. Air Dryly Vater Reducible Paints - Eagle-Plcher...................... Lead Compounds as Lubricants - Ethyl................................................ High Speed Plating of Lead - Graham, Savage k Associates... Corrosion Research Council....................................................................... Abstractly Service...................................................................................... Litharge Glycerine Cement - Yarsley Research............................... Improving Textile Materials, etc. - U. S. Dept, of
Agriculture................................................................................................... Lead Concentration In an Ambient Atmosphere - Kettering.... Lead Composite Cable Sheathing - Dynatech................. Properties of Molten Lead k Lead Alloys - Canadian Lead
Zinc................................................................................................................... Corrosion of Lead in Various Media - Battelle............................. Effect of Oxygen on Lead Fatigue Cracking - 0. of
Melbourne........................................................................................................ Antl-Foullng Marine Paints - Litter Labs....................................... Application of Povder Metallurgy to Lead Acid Batteries -
Eagle-Pleher.................................................................................................
Lead Coatings for Concrete - Ethyl..................................................... Support of Naval Research on Lead Acid Batteries - Eagle-
Plcber.............................................................................................................. Joining of Particulate Lead Products - Budd................................. Fundamental Surface Relocation of Lead - 0. of Brltlah
Columbia.........................................................................................................
1,000.00 1M,025.16
1,270.47 6,940.24 4,375.51 6,647.29 3,961.19 1,900.00
101.67 22,080.00 41,126.85 10,591.79
7,681.02 4,62*..96 12,921.51 27,613.53
500.00 8,004.35 4,710.48
9,166.00 35,000.00 19,284.47
4,874.22 13,977.05
9,269.12 69.71
11,219.20 5,XI.91
15,628.00 6,880.00
3,002.75
FORWARD......................................................... $316,170.45
(Continued) - 1.
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WIUJP11 LI A14015
............. V sfr ^ r^Pfitii igj
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LEAD INDUSTRIES ASSOCIATION, INC.' RESEARCH PROJECTS. ETC.____________
SCHEDULE C
FORWARD......................................................... 1316,170. US
Chemical and Electrochemical Corroalon of Lead Alloys........... Lightweight Lead Sheet Roofing System - Southwest
Research Institute...................................................................................
Lead Glazes for Dlnnervare - Rutgers................................................
Opacification of Lead Bearing Porcelain Enamels - Ferro Corporation..................................................................................................
Lead Compounds for Wood Preservation - British Colunbla Research Council.......................................................................................
Application of Lead for Acoustical Use In European Building Partitions - Technisehen Unlversitate......................
Refractories for Manufacturing Lead Glasaes - Centro Ricerche Hetallurglche..........................................................................
Biochemical Approach to Lead Toxicity - Harvard Medical School.............................................................................................................
Lead Pigments In Electrophoretic Paint Disposition Eagle-Plcher................................................................................................
Large Scale Phase Diagram - Pennsylvania State University.. Commercialization of Lead Rilled Fiber Metal - I.I.T............. Mechanism of Anodic Corrosion of Lead Alloys - Bujn
Kaur................................................................................................................. Decorative and Protective Finishes for Lead - Eagle-Plcher. Palntabillty of Lead and Lead Alloy Surfaces - Eagle-
Plcher............................................................................................................. Kettering Abstracts..................................................................................... Flame Spraying of Low Temperature Leaded Enamels - Battelle
2,148.>40
7,759.97 5,227.00
11,415.00
1,501.25
4,328.30
3,501.90
25,710.26
4,128.06 2,000.00
500.00
2,500.00 3,106.38
1,923.64 2,500.00 2.074.50
TOTAL............................................................. $396,495.11
(Concluded) - 2.
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LIA1A016
-- ..*el-va-toWt.
* . .
LEAD INDUSTRIES ASSOCIATION. IHC. MOTES TO FINANCIAL STA3TMHTT9
1. Expenditures for furniture, fixtures, and equipaent are not capitalized, but are charged to expense at the time of purchase.
2. In 1963, the Association changed from an Informal plan of funding
the Employees Pension Plan Fund by actuarially determined
deposits In savings banks to an approved Insured plan by
entering Into a non-contrlbutory participetli^ deposit admin
istration group annuity contract with Bankers Life Company
effective from January 1, 1963. Ihe Contractholder's Fund
balance at January 1966 was $132,986.94.
^
The aggregate balance of $6,357.90 remaining In the Pension Fund's
i savings bank deposits Is earmarked for Increased costs In subse quent years resulting primarily from revisions to the Plan for basing credits on the average salary for the final 120 months of
\ employment, and for increasing the past service credit from 1
f per cent to 1-1/2 per cent. 3. Administrative expenses In the International Lead Zinc Research Organization Fund are paid, for the most part, to American Zinc Institute which handles the accounting for the program.
'
4. Membership assessments In the General Fund Include $93,450.75 of general membership subscriptions.
' I,
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LIA14017
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^WjtftsstMlHrt7hyto,i. . fc`Hfe'iia 'rtiryi Afthaiaa -fti iii laribnv i
Maroh 51, 1964
WXBERS CF TH8 UAP IRIW37RIE3 AS30CIATICM, PC.
Allied Smelting Corp. Alpha Mettle, Inc. American Metal Climax, Inc. American belting A
Refining r'mT~r7 American Zinc, lend 4
Seelting Canary
The Anaconda Coeipany The 0. A. Arrll Co^cny,
Letd Products Diviaicn
$115 V. Lincoln Avenue Box 54, Bergm Station 1270 Are. of Aasrloae
120 Broadway
foul Bract Bldg. 2$ Broadway
P.0. Boot 120$0
Milwaukee, Vis. 55214 Jersey City, R.J. 07304 Sew Xork City 10020
Rev York City 10005
St. Louis, Mo. 45101 Rev fork City 10004
CineInnsti, Ohio 45212
Bare and Coapaiy, Inc. broken Bill Associated
Smelters Proprietary Ltd. Broken Kill South, ltd. The Bunker Kill Ccapary
Ashland A Leeds Streets 95 Collins Street Box 1291 X Bax 194 C, GPO Beat 29
Philadelphia, Fla. 19124
Melbourne Cl, Australia Melbourne, Australia Kallogg, Idaho 85657
CAD Batteries
Eltrt Corporation
Washington A Cherry Sts. Ccnahobockan, Pa. 19428
Cambridge Sneltlng Ccepeny 100 Pacific Street
Cerro Sales Corporetlca
500 Perk Avenue
Circle Wire A Cable Co.
5500 Mespeth Avenue
O Compaaia Kinera Aaarco, $ JL. Apartedo 56 Bis The Consolidated Mining A
Cambridge, Massachusetts Rev York City 10022 Maspsth, L.I., Raw York Maxloo 1, D.F.
Sneltlng Co. of Canada ltd. 650 Dorchester BOvd. V.
Montreal 2, Canada
Day Mines, Ine.
Deleo Ra^r Division,
Cecerel Motors Corporation 2401 Collators Avenue
Dickson Vsatberproof Kail Co. Beat 590
Dixie Lead Company
Box 6425
X.X. du Pent de Menours A
Coopery
Wallace, Idaho 85873
Anderson, Indiana 44011 Evanston, Illinois 40204 Dallas, Texas
Wilmington, Delaware 19696
Eagle Picher Coapery Tbs Electric Storage
Battery Coapery Ethyl Corporetloo Erane Lead Dlrision.
Rational lead Conpery
Aaeriesn Building
Box 8109 100 Perk Avenue
Bos 1447
Cincinnati, Ohio 45201
Philadelphia, fo. 19101 Mew York City 10017
Charleston, V. Ts. 25525
Federated Metala Dlrlslon, Ansrlcan Smelting A Refining Coppery
Aaron Fsrar arid Sons Co. The Firestone Tire A
Rubber Company
101-19 S. Eighth St. Box F, Firestone Perk
Rev York City 1000$ Qoaha, Nebraska 48102
Akron, Ohio 44517
Gardiner Metal Coapary Goldsmith Bros. Division,
Rational Laad Company
4820 South Campbell Are. Ill Rorth Wabash Avenue
Chicago, Illinois 40452 Chicago, Illinois 40602
(Continued)
siu'ipi
N 3470.03
Mtdtort of L.I.A.
2*
Haimrad lead Product*, Inc. Heel* Mining Coapany Hcoestake Kininf Bouatoc Cheeiod Corporation
52J1 Hofcnan Are.
100 Bush Street 200 Madison Avenue
Hunood, Indiana
Wallace, Idaho 83873 San Francisco,Cal. 94104 Bew Tork City 10CQ.6
Xntamationd Sneltlng 4 Befinlr*
Co. (Anaconda Sale* Co.,Agent*) 25 Brotduu
New York City 10004
Indu*trid tedtlng Caapeny
1900 M 4 Klllertt Ar* Detroit, Michigan 48234
Kn*pp Kill*, Inoorporeted
23-15 Borden Ar*.
long Inland City,1.1.11101
Lend Product* Caape^r, Xno.
Box 1341
Lucky Friday Silver-lead Mine* Co.
Houston, Ten* 77001 Wallace, Idaho 83873
John H. MacGregor L*d Co. Meteleed Product* Cap. Metal* Disintegrating Co.
Murdock L**d r-T^ rT
4520 W. fifteenth St. 2901 Park Bird. Box 290 Box 5296
Chicago, Illinois 60623 Palo Alto, Calif. 94306 XLissbeth, New Jersey Calls*, Texas 75222
Ndoo Chaxlcd Ccagany Batiend Lead Ccopany Hrwoint, Mining Corporation North Brokw Hill, ltd.
4216 W. 66th Place 111 Broadway
300 Park Avem* Bex 1903, 0F0
Chicago, Illlnol* 60636 New Tork City 10006 Mew Tork City 10022 Melbourne, Australia
The LJL Oatay Cenpany COin Mathleson Cheated Carp. Geerfc Lead Cc ^migr
6700 V. 160th Street P.0. Bex 250
Cleveland, Ohio 44135 Baet Alton, Illinois Ellington, Klaeourl 63636
Pend Oreill* Min** 4 Metal* Co.
Old Batl. Bank Bid*. Spokane, Washington 99206
Phalp* Dodge Copper Product* Carp. 300 Park Aranue
New Tork City 10022
Borer* Capper * Bt v d *, Id o . Poll Division
Borer* Stoltlng 4 fitflnlng Corp.
196 ftlsmnnd Street 387 Arenue P.
Brooklyn, I.T. 11222 Newark, New Jersey 07105
St. Joseph Lead Coapany
Shettuck Dtnn Mining Carp. Socletc Klnler* et Metdlnrfiqa*
d* Penerroy* Sunshine Mining Canpecy
250 Park Arenue 320 Park Arenu*
12 Flee* Vendans P.0. Bax 1080
New Tork City 10017 New Tork City 10022
Pari* 1, Trane* Eallogg, Idaho
OTouneb Corporation, Ltd.
300 Park Arena*
Now Tork City 10022
U.S. Sneltlng, Refining 4 Klnir^
Co*g*ay
P.0. Bax 2137
Boston, Massachusetts 02106
The Victory Vhlt* Metd County ftraan Tl*n*r 4 Son* Tulc*n Le*d Product* Coapany
6100 Roland Are. P.0. Box 573 1545 W. Pierce St.
Cleveland, Chlo 44127 Rlchsond, Virginia 23205 Milwaukee, Wit. 53234
Western lead Product* Conpany Willard load Product* Coapany
P.0. Box 1229 101 S. Griffith St.
City *f Industry, Calif. Chariotte.B.C. 26203
*Th* Zinc Corporation, Ltd.
Box 384 0, OPO
Melbourne, Australia
Associate Mcwber