Document G5vMkoJ3z294QOpQL49DQDpN4

Lead Industries Association, Inc. 292 Madison Avenue New York, N. Y. 10017 Telephone: (212) 679-6020 j.Industry Development Committee Meeting Minutes K'' New 7crk, H.:, November 13., 1969 A meeting of tbs Industry Development Committee of the Lead Industries Association, Inc, was held on November 13, 1969 in the offices of the Association. Present Representing J, S. Smart, Jr, Chairman E. V. Frawlev Lott L, Taylor VJ. J, Veenis W. Zeek G. A. Larsen Arthur Ash Otto Bauer M. Eonynge V. E. Dorman R. W. Conley American Smelting & Refining Co, Amax Lead & Zinc Div., American Ketal Climax, Inc. Asarco Mexicana, S.A. Anaconda Sales Co. The Broken Hill Assoc. Smelters Pty. Ltd. (C.Tennant Sons & Co., Inc.) The Bunker Hill Co. Ccminco Ltd. Penarroya (Intsel Corp.) St. Joseph Lead Co. Tsumeb Corp. Ltd. (Ametalco Inc.) U. S. Smelting Refining & Mining Co. Guests iiTOTn D, Strauss 7. Graham P, V. Higgins Russell Wallace Schrade F. Radtfce American Smelting & Refining Co. Bishopric & Lieberman Inc. If Homestake Mining Co. ILZRO Staff J. L. Kimberley - Executive Vice President D. M. Borcina - Secretary-Treasurer C. A. Baker E. D. Martin J. C. Roumas J. F. Smith The Chairman called the meeting to order at 9;35 A.M. The Secretary reported that a quorum was present. PNYC0000035A N10081 Industry Development Committee Meeting Minutes 2- - November 13, 1969 The minutes cf the meeting of October 25, 1968 were approved, 1970 Budget The Executive Vice President stated that the proposed 19.70 budget as sent to members on October 28, 1969 had his full approval ar.d called particular attention to the proposed $200,000 for 1970 Health and Safetyactivities which need not be entirely assessed in 1970, depending on the approved budget. Ke pointed out that the $200,000 raised in 1967 had been expended and as a matter of fact this fund would show a deficit of approximately $15,000 at year-end. The Chairman pointed out that the funding of the Health and Safety activities was from all members and tnat a final decision will be made by the Board of Directors. He did request however, that this Committee consider the program and make whatever recommendations it desire The Chairman then stated that it was in order to review the pro posed 1970 promotional budget and requested the Secretary to present the details. The Secretary reported that the proposed 1970 Administrative and Promotion budget totalled $895,460 plus $200,000 for Health and Safety and then reviewed the various parts of the budget in detail. The Chairman then opened the meeting for discussion and it was the consensus that the 1970 Advertising and Promotion budget be reduced by $59,500 with suggested reductions in the following programs? Original Proposal I.D.C. Suggestions Architectural & Construction Cable Pigments & Chemicals Other Product Prom, & Design Battery Powered GolfCars $ 84,360 24,500 26,600 56,600 5,000 $ 64,360 7,500 19,100 46,600 Total $197,060 Reduction $59,500 $137,560 PNYC00000355 Industry Development Committee Meeting Minutes -3- November 13, 1969 It was agreed that the reductions will be made by the staff in consultation with its agency in a manner calculated to be least disturb ing to the overall program. The Secretary then reported that taking into account the reduc tions suggested the 1970 Administrative and Promotional budget totals 5835,960 requiring a rate per ton from pig lead sellers of approximately $1,08, A motion was then made, seconded and unanimously carried to recom mend the adoption of the proposed 1970 budget and rates per ton as per Exhibit *A" attached. Health and Safety Public Relations Program The Secretary briefly reviewed the status of the Health and Safety Public Relations Program and pointed out that the Health and Safety Public Relations Committee of the Board of Directors would be meeting prior to the Board meeting at which time their recommendations would be prepared for presentation to the Board. The Chairman thereupon asked for an expression of opinion as to the continuance of the program. It was unanimously agreed that the program be continued and that a fund of at least $100,000. be recommended. There being no further business the meeting adjourned at 2; 50 P.M. Sincerely, DMB:so Att; Exhibit "A" David M. Borcina Secretary, Treasurer p *YC00000356 Exhibit 'V Industry Development "ammtttee Meeting November 13., 1969 Table T A - Gross Budge* Income Expenditur "s - Salaries i960 *969 Apprcv^a. 1960 1961 1962 1963 1961* 1969 1966 1967 1968 1969(est j $574 -jO 369 3 30 >*6 .000 *. * 1 p 63? . 'CC 699, j .62 6?6 bSO 9i j ; 7'jO 6** i, 9C5 924 ,675 Ir-z&ze C t tie r $ V .9c ; 3^0,3"9 * *r 1 - z60 <91 2U* . iC9 6** 5 v ?* *-*? 61? 8`ib 67??. 31*0 623 6t? C06,. 500 $3,616 u . V6C 4,960 6,i.u-i 6 .031 5,5 n 12,899 17 ,-j TU 3i 619 12., 300 Total Expenditures $373,76l 363,003 176,220 397,369 521 .,202 61*8,716 826,793 693.91u 633,371 3x9,000 S H ^5 . Qt*u 319,624 1*12,133 439,1*77 367,751 685,139 739,739 753,253 618,4.0? 900,4 75 Dper Fes* 5 .. ~-u i1 v ' 1 <P 6* Of ifVTome* *M& 6peCl*i 'Js=6a = as Tit fer Health and Safetv accounts a t :r $96.6 = 7 :a 1966 and $306,067 r 196?, ~e? tn i per ten Memoershtp Industry Deveioprert Mining Manufacturing 8: Smeit & Pefir., Assembled Art! cles Pig Lead Sal- , Heal to & Regular Saf5t___ Health & Health & Health x Regular Safety Regular Safe ty Regular Safety i960 1961 .1962 1963 1964 1965 1966 1967 1968 1969 20ji 12 l6 16 16 16 16 16 .16 20 3M 4,8 5f 3 u u a a 4 ,651 4 1,2 4 5 sit iP P 2 2 P 3* 2 .6 2- P"4e-r - $.4_? * 52 ,6$ ,54 ,30 1,03 1,10 ,91 ,90 1,17 153 28 PNYC0000035 Nl 0081.01 Exhibit "A' Industry Development Committee Meeting -2- November 13, 1969 Table II - 1969 Income and Disbursements Balance, January 1, Income 1969; Membership Pig Lead Sales Miscellaneous 1969 $164 >76 123,500 683,000 12,500 $963,476 Estimated Expenditures Balance., January i. 1970 (Estimated) $ 83,001 (a) (a) Includes a deficit of $14,538 in the Health and Safety Public Relations Program, Table III - Approved and Reccmnended Expenditures - 1969 - 1970 1) 2) 3) 4) 5) 6) 7) 8) 9) 10) 11) 12) 13) 14) 15) 16) 17) 18) A - Administrative & Technical Service Approved 1969 Estimated 1969 Recommended 1970 Salaries Payroll Taxes Pension Premium Business Insurance Health Insurance Group Insurance Rent Travel & Expenses Annual A Ccnmlttee Meetings Professional Pees Printing & Office Supplies Telephone & Telegram Postage & Express Subscriptions - Books & Periodicals Furniture & Equipment Office Services Technical Association Dues Miscellaneous Total Administrative $198,000 7,500 18,000 1,500 2,500 16,500 45,000 3,500 5,000 6,000 6,000 7,000 800 2,000 8,000 1,000 2,000 $330,300 $198,000 (a) 7,500 14,000 1,500 - 2,000 18,000 40,000 2,500 4,500 6,000 6,000 7,500 800 2,000 6,500 700 1.000 $318,500 $217,800 (b) 9,000 16,000 1,500 2,400 (c) 2,500 24,000 (d) 40,000 3,000 5,000 6,000 6,000 7,500 800 5,000 7,000 700 1,000 $355,200 Notes; (a) Includes $2,000 for temporary office help and $1,000 for employment Agency fees. (b) This represents a 10 per cent across-the board salary Increase for all staff in an attempt to make LXA competitive in the Job market and to balance the inflationary spiral. At this time this matter has not been discussed with the Officers and Board of Directors, co0(QOq 3sa Table III - (Continued) Exhibit "A" Industry Development Committee Meeting 3- November 13, 1969 Notea: (o) No hospitalization benefits are provided the employees and it is recommended that LIA absorb Blue Cross-Blue Shield charges. id; Provides for increased rental charges at present location. Dose not provide for any costs involved in moving to other quarters. 1) 2) 3) 4) 5) 6) 7) 8) 9) 10) 11) 12) 13) 1*0 15) B - Advertising. Publications & Related Premotions Agency Fee External Public Relations Advertising Space Production Arenitscrural 4 Construction Cable Industrial Batteries Plpients 4 Chemicals Other Product Prom,4 Design "Lead" Magazine Conventions 4 Exhibits ZN-75 ILZRO Car lead Abstracts Reprints of Technical Articles Test Programs Illustrations 4 Photography Approved 1969 Estimated 1969 Recoomtended 1970 $74,500 $79,800 $80,000 (included in Agency ]*e) 21,600 81,900 25,000 74,700 24,700 64,360 20,700 51,200 17,700 56,900 7,5 64,200 22,700 22,700 19,100 54,800 54,900 46,600 40,000 42,000 45,000 20,000 21,000 15,000 4,000 4,000 - 14,000 14,000 16,000 10,000 7,500 10,000 10,000 - 5,000 3,000 1,000 1,000 $428,400 $421,200 ZALIS 4 Special Studies (Approved by Board of Directors) 16) Study on off-the road electric 9,325 vehicles 17) Detroit Field Man=Feasibility Study 10,000 18) 'Zinc 4 Lead Infl Service (ZALIS) 28,000 9,325 - 28,000 19) Motion Picture Distribution : a. General b. Bureau of Mines $47,325 $37,325 15,000 2,000 15,000 2,000 $17,000 $17,000 $398,460 " 10,000 15,400 $25,400 10,500 2,000 12,500 PNYC00000359 Table III - (Continued) - ! - Exhibit "A" Industry Development Committee Meeting November 13, 1969 Nev Programs; 20) Battery Powered Airport Buses Approved 1969 $. Estimated 1969 $- Recommended 1970 $13,000 22) 23) 2*0 25) 26) 27) 28) Miscellaneous and Contingencies: Lead Book (Monographi Corrosion Handbook. Annual Review Apprentice Contest Organization Membership Miscellaneous Literature Contingenc ie s: a. General b. ILZRO 29) Health-Safety Public Relations Program 4,000 3,000 1,000 1,500 2,150 * 1,000 15,000 2,200 1,200 2,150 3,400 3,000 1,500 10,000(see Item 23 above) 3,000 6,000 2,000 1,500 2,900 3,000 3,000 10,000 $26,650 75,000 $26,450 80,000 $31,400 100,000 C - Summary Administrative & Tecnnical Service Advertising, Publications & Related Promotions ZALIS & Special Studies Motion Picture Distribution New Programs Miscellaneous & Contingencies $330,300 428,400 47,325 17,000 26,650 $318,500 421,200 37,325 17,000 . 26,450 $355,200 398,460 25,1*00 12,500 13,000 31,400 Sub-Total $849,675 Health & Safety Public Relations Program 75,000 $820,475 80,000 $835,960 100,000 Grand Total $924,675 $900,475 $935,960 PNy,C00000360 Exhibit "A" Industry Development Committee Meeting 5" November 13, 1969 Table IV - Estimated 1970 Income and Expenditures and Rates Per Ton Balance January 1, 1970 Income: Membership Assessments Pig Lead Sales Interest Earned on Savings Miscellaneous Regular $97,539 130,000 ) 702,000 ) 5,000 . 5,000 Health & Safety ($14., 938 ) 100,000 Expeniltures Operating Fund Balance Dec.31,1970 $939*539 S'^5 c;60 $103,579 Memberships Mining Manufacturing Smelting St Refining Assembled Articles 1970 RATES PER TON General 20^ 54 \4 2y Industry Development Pig Lead 3ales ip U.S. (Est. 650,000 tons) $1<o 8 $ 85,462 net Health & Safety PNrC00000361