Document K6GmrD5Zbv32vyZj8pqv6r9g0
BOARD OF DIRECTORS MEETING
7
New York, N.Y
May 21, 1948
A meeting of the Board of Directors of the Lead Industries Associ ation was held on Friday, May 21, 1948 at 2:00 P.M., at the WaldorfAstoria Hotel, New York City.
PRESENT
REPRESENTING
IV. R. Black K. C. Erownell J. A. Costello E. L. Newhouse, Jr.
Clarence Glass
J. A. Martino F. E. Wormser George Mixter
The American Metal Co. Ltd.
American Smelting & Refining Co.
The Ethyl Corp.
Federated Metals Division of
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American Smelting & Refining Co.
International Smelting 8s Refining Co.
Anaconda Sales Co., Agents
National Lead Co.
St. Joseph Lead Co.
United States Smelting Refining &
Mining Co. Inc.
OTHERS PRESENT
T? F. Russell
J. A. Stone
fl
F. J.
M. --* i
Hart Herndon
v;. iD Carroll
D. A. Kerson
H. C. Viildner
R. Charrington
R. G. Page
C. H. Crane
Andrew Fletcher
G. H. LeFevre
H. G. Ross T. G. Stover
Cerro de Pasco Copper Corp.
Division Lead Co.
E. I. duPont de Nemours & Co. Inc.
E. I. duPont de Nemours & Co. Inc.
National Lead Co.
.-
National Lead Co.
National Lead Co.
North American Smelting Co.
Phelps Dodge Corp.
St. Joseph Lead Co.
St. Joseph Lead Co.
United States Smelting Refining 5:
Mining Co. Inc.
Western Electric Co. Inc.
Western Electric Co. Inc.
R. L. Ziegfeld, Secretary-Treasurer Manfred Eowditch, Director of Health and Safety
Mr. E.L. Newhouse, Jr., acted as temporary chairman, and requested nominations for the office of Chairman of the Eoard of Directors.
,,It was regularly moved, seconded and carried that Mr. Felix E. Wormser be elected Chairman of the Board of Directors of the Associ ation.
Mr. Wormser then occupied the chair.
Minutes of the previous meeting were approved.
L I AC 0? A 1
Board, of Directors Meeting Minutes
May 21, 1948 2
ELECTION OF EXECUTIVE COMMITTEE
The chairman then read the list of the Executive Committee as constituted, with changes requested by member companies made neces sary by changes in the Board of Directors, as follows:
Felix E. Wormser, K. C. Brownell L. E. Hanley J. A. Martino George Mixter
Chairman
'.THEREUPON, with consent of the Board, the Chairman appointed them as members of the Executive Committee.
ELECTION OF OFFICERS
The chairman stated that it was in order to elect officers of the Lead Industries Association, whereupon, the following nominations were made, and there being no further nominations, the secretary was in structed to cast one ballot for the election of these nominees and they were declared elected:
Felix E. \Tormser, President
K. C. Brownell, Vice President
J. A. Martino,
Vice President
REPORT OF THE TREASURER
The report of the treasurer was approved, as Exhibit nAn attached.
STATISTICS
Consumption Report - It was moved,seconded and carried that the Association make available its Lead Consumption Report for each year, at the year end, to the American Bureau of Metal Statistics for in clusion in the Bureau's Year Book.
Cooperation on Statistics - It was regularly moved, seconded and carried that the president and secretary investigate the possibility of avoiding duplication of effort between the various statistical or ganizations covering lead, such as the U. S. Bureau of Mines, the American Bureau of Metal Statistics and the Lead Industries Associ ation.
Mine Production and Labor Report - The secretary presented copies
of "a sample condensed mine production and mine labor report which it
was suggested should be circulated to all members of the Association.
It was pointed out in the discussion that the U. S. Bureau of Mines
already publishes monthly mine production reports and a question was
raised as to whether the Association would be duplicating efforts of
the Bureau.
It was felt, however, that the Association's report,
although not as complete as the Bureau's, would be useful because of
its timeliness as compared with reports of the Bureau.
These reports are attached as Exhibit nB.n
T,rn-42
V
Board of Directors Meeting Minutes
May 21, 1948
3
It was, therefore, regularly moved, seconded and carried that these condensed lead mine production and labor reports be circulated to all members as promptly as possible after the close of the month.
STATEMENT ON TOXICITY POLICY
The secretary submitted copies of correspondence with the American Zinc Institute regarding statements on the toxicity of lead and zinc products and was directed to record this correspondence in the minutes. This is attached as Exhibit nCn
REINVESTMENT OF FUNDS
The treasurer explained that $47,000 of the Associ3.tionfs funds had been invested in 7/8% U.S. Certificates of Indebtedness expiring June 1, 1948. The treasurer requested the board to confirm the oral au thorization to reinvest $34,000 of this amount in 1-1/8/ O.S. Treasury Certificates of Indebtedness expiring June 1, 1949, the other $13,000 to be transferred to the Educational Service Division Fund as approved by the Executive Committee at its meeting on November 17, 1947. The Board made its approval of this transaction a matter of record.
There being no further business before the meeting, it adjourned at
LI AC 03^2
/---' --,
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Board of Directors
Meeting Minutes
________Mar
19u q --
ORDINARY
FINANCIAL] STATEMENT January 1 tp April 30, 191*8
Recapitulation of all Divisions
SAFETY AND HYGIENE
METALLIC LEAD
PRODUCTS
EDUCATIONAL SERVICE
(Including Southern)
'/KITE LEAD GENER RED LEAD RESEARCH(a) PROMOT
Balance, Jan. 1 Cash
U.S. of Amer. 7/8)6 Treas. Certif. due June 1, 191*8........ U.S. Treas. Savings Note, due 6/1/60
$1*3,551.88
519,212.51
5 1*, 520.76
TOTAL B.X'JJCE, Jan. 1 1*3,661.88 19,212.51 1*, 520.76
$ 9,239.19 a6,577.33 $10,021*.00 $ 1,390
1 1*7,00 50,00
9,239.19 16,577.33 10.02l*.00 98,390
Receipts 1st half subscrip. Less: Outstanding.
32,037.00 (c) 2,000.00 1*, 1*03.00
H*, 739.50 (d) 5,000.00 1,987.00 2,500.00
3,810.00 682.00
Net subscriptions... Misc. receipts.......... ..
TOTAL .l V.vTT-.RTJ?
27,631*.00 1,660.00
72,736.86
2,000.00 12,752.50 21J212.5l_ 17,273.26
2,500.00 ... 3,128.00 10,672.19
22 ,1*11.38 19,705.33
10,021* .00
98,390
Disbursements................. 19,771*.81 advances St Deposits.. 2,1*76.00
3,770.3 7 300.00
7,132.00 500.00
26,201.26 1,750.00
1*, 595.27 1*00.00
Total NET L.IOL'CE, May 1
.22,21*9.81 1*.070.17 50,1*86.07 17,11*2.31*
7.632.00 9,61*1.26
27,951.26 4.995.27 -5,53y.3!) 11*, 710.06 10, 021*.00 98,390
Balance, May 1
Cash..................... ...... 50,1*86.07 17,11*2.31* Accounts Payable
9,6L1.26
-5,539.88 11*, 710.06 10,021*.00 150.00
1,390
Reserve for printing 1*,000.00
Jreasury_lfirtifA.___
_?Z*QQ
TOTAL BALANCE. May 1 $51*, 1*86.07 ^17,11*2.31* 9,61a.26 $-5,389.88 $11*, 710.06 $10.021*.00 $98,390 ----- -
(a) Fund subscribed in 191*6 by cooperating companies and not expended.
(b) Fund subscribed in 1937 by mining companies and not expended.
(c) Full year.
(d) American Turpentine Farmers Association Cooperative.
ORDINARY FUND Financial Statement January 1 to April 30. 19l*8
Furniture, fixtures, and equipment Salaries Social security taxes Rent 4 light Office supplies Miscellaneous Travel expense Association dues Entertainment & luncneons Meetings Telephone 4 telegraph Books 4 subscriptions Printing Mailing
l ead
Illustrations
Balance, January 1, 191*8 Receipts iron Metal Powder Ass'n. Subscriptions: First half
Less: Outstanding subscriptions
Expenditures
$ 315.38 12,632.28 37.56 2,219.35 558.65 296.63 1,1*31.17 155.00 376.01 589.62 203.51 11*9.35 30.91 1*70.1*1 280.I1I4 25.81*
$19,771*.81
$32,037.00 1*,1*03.00
Less: Disbursements Advances 4 deposits
Cash Balance, May 1, 191*8 Reserve for printing Lead handbook
Total Balance, May 1, 191*8
$19,771*. 81 .2^75.00
$1*3,551.88 1,550.00
27,631* .00 172,735.^8
22,21*9.81
$50,1*86.07 1*,000,00
$5U, 1*86.07
LIAC0345
.1 -
SAFETY AND HYGIENE DIVISION Financial Statement
January 1 to April 30, 1948
Expenditures
Salaries Social security taxes Transfer of headquarters Office supplies Printing Mailing Telephone & telegraph Books & subscriptions Association dues Meetings Miscellaneous
'.
-
`
$2,500.02
8.34 692.02
46.48 23.77 14.75
2.16 104.52
30.00 249.38
98.73
$3,770.17
Balance, Jan. 1, 1948 Subscriptions: Full year
Less: Disbursements Advances
Balance, May 1, 1948
$3,770.17 300.00
$19,212.51 2,000.00
$21,212.51
4,070.17 $17,142.34
L!
METALLIC LEAD PRODUCTS DIVISION
Financial Statement January 1 to April 30, 19u6
Salaries Social security taxes Travel expense Mailing PLUMBERS' FORUM Association dues Entertainment & luncheons Meetings Conventions & exhibits Telephone & telegraph Illustrations Miscellaneous
Balance, Jan. 1, 19L8 Subscriptions: First quarter
Less: Outstanding subscriptions
Less: Disbursements Advances
Cash Balance, May 1, 19U8
Expenditures
*>3,283.36
53.27 2,179.19
58.81 19.78 1^6.00
153.91 L13.26 383.80
56.05 6.93
377.6d *>?, 132. GO
1,98/ O'j
37,132.00 500.00
U,520.76
-
12,752.50 *,17,273.26
7,632.00
i9,6U1.26
LI AGO;47
aDUg.vTIQNAL SERVICE DIVISION (Including Southern Division)
Financial Statement ' January 1 to April 30, 19l*8
Rent, light 4 heat Salaries Social security taxes Travel expense Office supplies Telephone & telegraph Film slide equipment Equipment, E. 3. cabinets Awards
Printing Mailing Entertainment 4 luncheons Meetings Illustrations Miscellaneous
_
Balance, Jan. 1, 191*8
Subscriptions: First half, American Turpentine Farmers Association Coop. Less: Outstanding subscription
Receipts from equipment:
Equipment, E. S. Cabinets
Books
.
Film slides
Less: Disbursements Advances
Balance, May 1, 191*8 Accounts payable
Debit balance. May 1, 19l*8
Expenditures
$ 151.58 M33.36 1*3.18 1,833.58 137.19 72.77 716.78 7,1*11*. 62 85.00 9,018.06 1*79.71 236.91 297.27 83.37 71*7.88
$26,201.26
* 9,239.19
5,000.00 2,500.00
2,500.00
. 4,1*77.36 5,1*27.58 767.25
$26,201.26 1,750.00
10,672.19 #22,2*11.38
27,951.26
-$5,539.88 150.00
-$5,389.88
NOTES:
The expected Dec. 31, 19l*7, balance of $12,500.00 was not realized due to
the fact that approximately $1*,000.00 was disbursed in 191*7 for 191*8
equipment.
.
Net receipts from equipment for the balnace of the year should approximate
$10,000.00
`
*
The authorized transfer of $13,000.00 fran the General Promotion Division to this Division has not yea been made. .
LIAC03
RED LEAD DIVISION Financial Statement January 1 to April 30, 19U8
Salaries
Social security taxes
Consultation Fees
Travel expense
Telephone L telegraph
Entertainment & luncheons
Printing
Mailing
Illustrations
Research materials
Books & subscriptions
Miscellaneous
-
Balance, Jan. 1, 19U8 Subscriptions: First half
Less: Outstanding subscriptions
Expenditures
$2,785.00 20.U*
200.00 685.U5
60.15 228.89 236.53
2k. '0 16.60 74.53 3?.l5 223.28
*li,595.27
*3,810.00 632.00
Less: Disbursements Advances
Cash Balance, May 1, 191:8
*4,595.27 1:00.00
$16,577.33 3,128.00
$19,705.33
1i ,995.27 $11i, 710.06
LIfCQ34C
GENERAL PROMOTION DIVISION Financial Statement
January 1 to April 30, 191*8
Balance, January 1, 191*8 j
Cash U. S. of America 7/856 Treasury Certificates
of Indebtedness, due June 1, 191*8 U.S. Treasury Saving Note, due June 1, 1950
Total Balance, May 1, 191*3
$ 1,390.61*
1*7,000.00 50,000.00
$98,390.61*
LIAC035C
FOR MEMBER! ONLY
^ CONFIDENTIAL
{ NOT FOR PUBLICATION
Le a d In d u s t r ie s As s o c ia t io n 420 Le x in g t o n Av e n u e
NEW YORK 17. N. Y.
Exhibit "B"
Form EE Report No. 1 May 21, 191*8
REPORT FOR MARCH, 191*8
DOMESTIC MINE PRODUCTION OF LEAD (In Short Tons)
DISTRICT
TOTAL 1?U6
TOTAL 191*7
Idaho, Montana & Washington Utah, Nevada & California Arizona, Colorado & New Mexico Tri-State Southeastern Missouri
Miscellaneous
59,171 1*0,31*6 38,861*
21*,977 138,066
10,1*80
76,577 61,1*31 38,569 26,373 131,959
8,065
GRAND TOTAL DAILY AVERAGE
n
311,901* 855
3U2,97U 91*0
FINAL JAN. 191*8
8,296 5,81*9 3,212 2,053 10,105
801*
30,319 978
FINAL FEB. 191*8
PRELIM, MARCH - 191*8
7,71*9 5,1*1*7 3,263 2,701*
9,727 770
8,980 5,888 3,61*5 2,690 11,022
81*6
29,660 1,023
33,071 1,067
Notes: The above figures represent slightly over 90 per cent of the total re coverable lead production of the country. This report is based upon the total lead content of ore or concentrates. Average daily production is based on the actual days of the month*
0
I AC 0251
FOR MEMBERS ONLY
CONFIDENTIAL
NOT FOR PUBLICATION
LEAD INDUSTRIES ASSOCIATION 420 Le x in g t o n Av e n u e
NEW YORK 17. N. Y.
Exhibit
Fora FF Report Mo* 1
May 21, 19US
REPORT FOR MARCH, 19U8
DOMESTIC LEAD MINE LABOR
(Includes all underground, surface and mill employees except salaried and office employees)
DISTRICT
Idaho, Montana & Washington Utah, Nevada ic California Arizona, Colorado & New Mexico Southeastern Missouri Miscellaneous
TOTAL
NO. ON PAYROLL BEGINNING OF MONTH
SEP'JiAADDITIONS t i ;:s
DURING DURING MONTH MONTH
3,89U 817 822 2,603 398 369
1,950 H4I4 123 3,170 9 8
61 0 0
11,678 1,368 1,322
NO. ON PAYROLL END OF
MONTH
MINIMUM ADDITIONAL NEEDED FOR FULL PROD.
3,889 2,632
1,971 3,171
61
509 200
92 0 0
ll,72li
801
Note: Companies mining lead but whose production is predominately zinc or other metals are not included*
LI A C C 2 5 2
COPY
Exhibit "C"
AMERICAN ZINC INSTITUTE, INCORPORATED 60 East U2d Street New York 17, N.Y.
December 31, 19ii7
Mr. R. L. Ziegfeld, Secretary Lead Industries Association 1*20 Lexington Avenue New York 17, N. Y.
Dear Mr. Ziegfeld:
At a meeting of the Institute's Industry Development Committee on De cember 18th, one of the principal subjects of discussion was in connection with published statements which draw comparisons between the toxicity of lead and zinc products.
The important outcome was the endorsement of a statement of policy which declared that, while the American Zinc Institute and the Lead Industries Associa tion should feel free to defend any unfair attack upon zinc ana lead and their products, any defense measures used in behalf of one product which directly or indirectly, stated or implied, involve an attack upon an-uh-r, should be declared inimical to the interests of the combined industries. t i t Furthermore, the question was raised as to the method to be employed in~ countering unfair statements made in the advertising of paint manufacturers and others. Again it was urged that in such cases the above statement of policy and all its limitations should govern but that there could be no objection if anyone, feeling injured and finding that direct appeals to offending manufacturers were unavailing, should seek the assistance of the National Paint, Varnish 4 Lacquer Association, directly or through its membership, to prevent or amend objection able statements.
The Secretary undertook to convey the sense of the Committee's view to you and, in order that you may fully understand the basis for the discussion, I enclose a complete abstract of the Minute involved.
I shall be glad to have your comments and, if agreeable, your endorse ment of the policy statement.
Very truly yours,
/s/ E, V. Gent
/t/ Ernest V. Gent Secretary
EVGsFW. Enclosure
N 609.01
L I* 0 f 3 5 3
Abstract from minutes of meeting of the Industry Develooment Committee of the American Zinc Institute on December 13, 19U7:
(b) TOXICITY. The Secretary drew attention to published statements
that draw comparisons between the toxicity of lead and zinc products. Specifi cally, he mentioned the statement of Dr. L. L. Carrick in "Marine Primers" from the Official Digest of the Federation of Paint 4 Varnish Production Clubs of April 19h7, which stated in part;
"Patients suffering from lead poisoning usually recover when removed from the environment of exposure. However, the careless use of the chromate pigments may subject the workmen to permanent injuries of which perforation of the nasal septum is a common type. (Ref. 13) This would indicate that the handling and application of zinc chromate paints should be rigidly controlled and subject to protective re strictions equal to those placed upon red lead paints."
This, the Secretary learned from the Secretary of Lead Industries Association,
was to counter the statements made by Lt, Henry H. Nelson, U.S.N.R., in Circular
710 of the National Paint, Varnish 4 Lacquer Association, September 19h$, in
which Lt. Nelson mentions "the possibility of lead poisoning arising from the
fumes while welding and cutting on surfaces painted with red lead paint" and
gives this as a determining factor of great weight in the adoption of zinc chrom
ate primer._
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~
The Secretary deplored the use of invidious comparisons that could benefit no one and warned that their continuance would only leat to more of the same thing. He suggested that, inasmuch as many of the Ccarcr.:' ttee *s membership are interested in,both lead and zinc, it might be helpful to establish'a statement of policy which would be a guide and a strong influence upon all concerned and their trade organizations. Specifically, he stated that, while the Zinc Institute and the Lead Association should feel free to defend any unfair attack upon zinc and lead and their products, he believed that any defense measures used in behalf of one product which directly or indirectly, stated or implied, involve an attack upon another, should be declared inimical to the interests of the combined in dustries.
There was general agreement with this policy and no exception was taken. Therefore, the Secretary undertook to convey the sense of the Conmittee's view to the Secretary of the Lead Industries Association.
The question was raised as to the method to be employed in countering un fair statements made in the advertising of paint manufacturers and others, Again it was urged that in such cases the above statement of policy and all its limi tations should govern but that there could be no objection if anyone, feeling in jured and finding that direct appeals to offending manufacturers were unavailing, should seek the assistance of the National Paint, Varnish & Lacquer Association, directly or through its membership, to prevent n." amend objectionable statements.
LIAOC35 4
COPY
LEAD INDUSTRIES ASSOCIATION 420 Lexington Avenue New York 17, Ne,:T York
Aoril u, 1948
Mr. E. V. Gent, Secretary American Zinc Institute 60 East 42 Street New York 17, New York
Dear Mr. Gent:
Referring to your letter of December 31 regard
ing a statement of policy on comparisons between the toxi
city of lead and zinc products, the Leal Industries Associa
tion will be most happy to cooperate with the American Zinc
Institute and vrill '-elcome any moves that ^iil ten"1 to elim
inate such comparisons. Therefore, the Executive Committee
of the Lea^ Industries Association at a meeting on April 2,
1948, subscribed in principle to the statement of policy
outlined in your letter'. _
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" =.
. However, the Executive Committee feels that.the assistance of the National Paint, Varnish an'1 Lacquer Association in controlling comparisons, stated or implied, made by paint companies has not proven -an4rely satisfac tory in the past. Therefore, it sugge,!.u that we refer such complaints to the American Zinc Institute and enlist its cooperation in correcting or preventing occurrences of such unfair statements.
Ve ar e al 1 most anxious to prevent the appear ance of statements which are inimical to either lead or zinc products and ve sincerel}7, hope that with your co operation we nay be able to prevent them in the future.
Fith kindest regards.
Sincerely yours,
Signed: Robert L. Ziegfeld
Secretary.
L I0C3C 5 -s
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COPY
AMERICAN ZINC INSTITUTE 60 East 42 Street New York 17, N. Y.
May 7, 1948
Mr. R. L. Ziegfeld, Secretary Leal Industries Association 420 Lexincton Avenue New York 17, N. Y.
Dear Mr. Ziegfcld:
This vTiil ackno'-led'e receipt of your letter of April 9th in which you inform us that your Executive Committee subscribes to the statement of policy as out lined in our letter of December Slst with respect to toxicity comparisons.
with reference to the matter of seeking the assistance of the National Paint, Varnish & Lacquer Association, we believe that complaints touching upon your interests should be presented to the Association by you, and those that touch upon our Lor crests should
be presented by us. Otherwise vre arc u :tr- agreeable
to cooperate and lend what weight n,e can to oersuade the Association to assist.
Very truly vours.
Signed: Ernest V. Gent
Executive Vice President.
3
L I A0C3r'b
N 609.03