Document MMxz3mjeEbGOk3mR0VB3ND4zz

LIA20524 t 0 The annual s.*rt :n,- of tl\e ieobeis of the Lead Industries Associut '.on un held at the ler r.B ylvar.la hotel at* Voric City, on Sedr.c-riay, February ZZ, 1.' 31, at 12:30 Fresent: A..u uda lead Co. J. -.7. Allen American 'Cetal Co. Ltd. 3. c. Sir.. ..er i\ r 1 ;. o~ e. 1 ' * Re * . o 1 r.Co. A'.-o :.ntu : Frcouctf. Co. u. Ir-F K'-.r Lead Co. Z A . Rtl.r c c. w S b C R. r ? ; `j e v ' 11 1r%a t -ft -. : r. Lead Co. i'.etalo ' '.r.r.. Co. U rar pert / - r 3; r-L-e f.-.i .r.al >ad Co. 3. J. C w r .i i f > jr t v # Cartti.- Ov <-* .* o- . , _ v - . V.->i. rt ":cc :r .an F- - - Q Q La.tel 0. 'tali Oelli.n, Co. Via . C;; ; r Co. I. V. Ctrifll ... -- * ,, J. A Ic ^ r t *. j 7 ^ Caveler ,, . - :;-'peat .A s C ' n _ :r. 3ec r-'t -ry p, V r.- r r .... 0- I r :.x`j : "or.-. Vio.f ocv r ir. Cor'. Sutler Cl1! a- 1 Soil Iv.-i ' .iVi C .-.'f'-.t r:.t ir.. Co. Cr r t ie Fas :: 'o; ; r Corp. Ivar.r. Lo f . i Co . Flee'', iroa. Co. it. F Fuller c. Co. Gtti'.'al L'-ad V.ar.ufurturin: Co. T;.e 01 idle;'. Co. Hocia 1 i ;ir.tj Cj . Lt* to '.til; Cort . *1 c,11 .iSfut Load Co. -1 .t . .. r-..b Co. ? v !. .o tr'xs o.. : '. 1 .f Co. Vn'.tti dtateu ' !'i :ef ir. in* t. ., _ ; ' < * C r , w w V j W: -d r' er A Tore Sta.nl j A. Kar.4vin r \r o* 'J . r \ ir.b 3 ti. Kl.re K. r Ou.do Adx iaa J oj ce JiX.. ei> F. L'-Cartav ^ . Lt * in Fra:;< V.. S...1U S . 3 . C.-.llur B. y. -> e 11 .11 v*r . -A y ?. .Lt T`* t .n A A ^..:cLs. an t j S LI420525 President C;::;U", ii. Crane occupied the chair. The :r.lnute of the previous annual meet in*- were approved. Tne Report of the President was ae follows: THE lr.S10E!;T The wiedo- of laViT,t; an ar.roci -lion ready at short notice to tackle prolIer.fi of Coi-ior. interest to o rj t.1itj lend In i v ; t r i e ras illustrate" repeatedly dur.r.t; 1. Tne t-a ! In dualriee Aseoci. In, as is shown ty the Report of the ~ errtury , functioned ir. tariff .at t ero * '. .. r . emser.t contacts s.r.cothly and eff .cier.t",, larpe a.:.:ur.t of individual ef fort on -.ift f -ewers ir. handling tnete important cue-fellcrs. ht.TvVcr, in tne ail to; frequent out curst* of adverser : uvi .c it., receive: t.. t:.c le-d industries, '/Li r Af i'o . tt t 1 C Oi 6 04 0 1 C* tO .'{4*<e pro,. * t invest it-at ion u r. z t v r.t. Vt' its views heard. V1? !2 c e r s eve not ..eei - tated t. vrC t :.e Afiociat lor. t x.e r.cver ;rocle. present t" J, be 1 B Ct'l ..oi ed t of that ...ore -V'.-r than ir. tiv a period * r . Curt t.. - to ".,e t -at ur. is x a ati.r. cxif-te to vef r. r.; the i. w L- d ;.1c o.d Will help Lreatiy ir decrees t: C f rr* : ucr.t ar.d ur. - r.arr.'jntei at*auks t.'.at arc cr. a'U r ir.dustr lee, ar.d r..icn in; ure t:.c Market for v-ri DUfi 1 C u .. r:;;uct8. Tne ; ci-iion's affairs were 'con^nically ;ra:.e., : j l iurir.._ t..e y -ar and it continues i: healthy f .c: 1 position ..ile itr e: here of influence has oe.` . tr duallj extended. President. The Secretary's report was reuu and approved s e follows: 'A?t h'.T The SiCRhlARY Cur in, t ..e n'C 'U; year of it h exleter.ee tne Lend I nlu st r r f, A. lati.r, devoted it a energies prin- :i:.n"ly t: f:" 1 u* ;r.,. activities; (1) 3t_.it_;; lec - lv ilc.tl : r ..n annual review ., f r.t a- i c . ,< , r*'d y e 1. a t In due tries !.<- . .-..b _e, un in lacf . "ftuTB were provided LI A 20526 with loose leaf binders for preiervlng all tr.e Association's statistical data. In t:.e la at half of the year, collection and dlBtrlOut lcn of ctatlatlcc e-cwing the secondary lead, ant l- :r.ial ar.i soft, r reduced fro.; oil storage batterlee aaa started, ar well ar. stocks ar.' receipts of old batteries, bur Association, so far as 1 know, Is the first to begin the publication of current business statistics In the sec ir.d^ry _etul field. 3e hope to expand the acope of the secondary metal report as rapidly an possible. {id) Tar if f - ill our members are doubtless aware of the singular good fortune which attended our efforts to crir.g a^out a cna.nge l.n e draw back law permitting easier export of lead products fro_ t;.e "niter 3tates b., manu facturers. Sot cr.ly were we co=4 Ictely successful in tnis effort, cut *.c alto truccceded cut sequent ly ir. huvinL the reflations of tr.e Treasury Deportment, which are bused upon the new law, .-.o.ified to <3 lor greater flexibility in the use of t..e drawback.. f'-r exiuple, it la now possible for a fabricator of lul pro r.:ci; to export from any branch retardless cf its d^mcctlc t ccp rap hie locution uta.r.st an importation of lead at any ci.-.cr branch. Se are still en deavoring to procure a change in t;.e Treasury Department a recent ar.i Important regulat loc rherety the drawback period extends fro: dote cf importation of the for l.n lead Into t. ' ''riled Stu'es rat err than (ar ,.er"t of ore, from the ti..e of 7. it.. :r: a 1 f r .... v.7ci..i-. t, a r . c a 11 or. .1 a m 1 n i sh * ng tr.e Varied durir... wr.ich he drawback *._./ le used. fp- to t;.e pase^ge of the Hawley 3 moot Tariff bill or. June 17, 1.-30, -.uc:. time was e iven to .uurdin,_ our ir.terect ir. this legislation. Although r.. rhor.g-* ?u. tale ir. any lead rote, tr.e Senate, at one time, u.nexp ectedly reduced t..e tariff on lead 1 it...e-nts, but, by prompt notion, the Leuu Induct r lea '`rsociation war able to make 1 . c icr. e known to the Senate ar.i succeeded In obtainir., a rm- *. oral ion of t..o old rate. (5) Other Government Ccr.j aet^ - D. rim lb-31 the Federal Trade Comr.isVior'" iVrued" L'ct .: laint again:, t the use of t..e r.uti.w Lcadltc for a product contain.r.g r.u lead, but ti.e comp any mur.uracturin,. tb 16 : reluct has elected tc stand trial and it will re some t before t:.e Cate le settled. iVe have urged tha Federal Government to c.v.:.te its specifications for pig- lead, Federal Standard Speci fication To. 117, Grade a , s c t..at It will conform to general trade practice. Vfe have also rucceedei in getting t:.e Treasury Department to tlvc consideration t .> ti.e u< 0 of lead covered okylights in orr.s.rnt contracts ar.i are taking step,a to ec-e ti.at lead ie n^l discriminated afinut in ..overnm -,t work. \V LIA20527 ( ;) cducat .or am ,ru:lU'lt'j efforts - The lead Industries r f . t :a: 1 or. t:.e ; - o' lout Ion, In November, of a bulletin i * led "load* t o . ior six tisee a year. Tr.e t-uli*-ti(circutat lor. lc.Glv) in designed to be distributed -nrr.br.,- arcnitects, sheet metal workers, plur-ere, -vaster painters, decorators and ot.'.rra to pro vide the.-; with infc mat ion regard in,: r.w ur.d old usee of lead. Tr.e bullotin has, received a happy reception and numerous of itr items have seen reprinted in technical ar.t ether sbigaalnec. It has already helped the sale of co-e lead rroductu. Tae Lead Industries Aeroclat ior. Is a'es supplying many roa^aclr.es with artheies of special' editorial interest. Although the puclicatlo.n of the bool: reful Information About lead" has Veer, delay *d, the manuscript _r.d value A the rock har beer. pre&tl; '..-.proved. It is expected tv appear so:..e tine this Spring. (5) e*search - Turin.- tr.e year *e entered a co operative and competitive re fearer, of protective pipe coa*ir.(E for p'-trclru- linen burled ir. the '-11 in co operation with t..r Bureau of Standards and t:.e A..--*ican letr-Ieu Institute, cut the result of tale investita- tlou will be avalla: le for several yearc. hur -'.-.try as red lead thl! up or. pi;- prior t. t..e a; pi i. ad itr. of the tecor.iury or f:r.itr.ir,,; coat. 7..1* test is * puilar in .any respects to thot te,,,ur. in lcl_- c.. tr.e American Gar. Et--c '.at lor., we also helped ; c.p : art. :.Q art- alfv exper: me r.t in0 * : tt..e use of lead ir. cl i-.lnat .r.t cruc'rlr.b of ice calces in t:.-. refrigera tion indue try. (6) leal fol e.r.fip: - 'He have cm.tlnr'i to support tr.e me lie:.', r-'rearc:. at Kurvari ve rs i t y ur. ier Or. Aub, turou, h t: o .enures it;, of sor. e of our '.-.e-.verf wno are particularly ir.t"r"stoi tn ' - t r imrortant work. (?) Aiverse ruilicltv - Throughout the year oc- O'a curstf A ru.TTcity detrimental to lead, prat t- teal '.y all cf it u.-.warrant "d, arreared. Ir. e&cr. cat`- wale., the Ascicint ior. dlrcoverou, a thorough in vestigation was aaie, r:ti. u visa to taking whatever action :.i,;:.t be prop-r unit r * a-. t i roumf tances. Through prom.-, t invent lt-ati ,r. of eucr. instance, it in hoped that we shall vj It im.at-1 y e acl'* tv stop eo-.." of t. ' see- ln,.ly ceaseless prop Uganda app e-rlr., .r. t..e ; rear inimical to tr.e '. "...i lr.t rt-f tv an; t ;.a- -. e e.ai; . 1 acle in some meeure to j lotect the I nunc of lead. -jy-.fr- -.-*: ' "* Ofc agi* ' V/ - ' fUHIfl^ ' Wig>w* ***"--LIft20528 *v 0 The report on the audit of the account* of tha Association as of December 31, 1930, by Haskins and Sell*, was read oy the Treasurer and accepted, a* fol lows ; D LIA20529 HASKINS 6t SELLS CKffTinCO AUkUC ACCOUNTANT wrier* mv t c N or *( UN'TCO or Ah IC v. --------- #0 >r ---- -- HMHU U>J tMft ' lllft ro V'VO**** TO KA4T +% *TtT NKW YORK January 17, 1931. , Lead Industries Association, * 20 Lexington Avenue, Hew York. Lear Sirs: e have audited your accounts for the year ended December 31, 1930, and submit the following exhibits: Exhibit A - Balance Sheet, December 31, 1930 and 1929. . B - Statement of Cash Receipts and Disburseixnts for the Years Ended December 31, 1930 and 1929. . ' ' The cash on deposit was verified by certification obtained frv the depositary, The Chase National Bank of the City of New York, and th, on hand was counted. Additions to furniture and fixtures during the year amounted to 0185.90, representing the purchase of three filing cabinets. Assessments for the calendar year 1930 unpaid at December 31, 1930, amounted to 0650.50 and are considered to be collectible. {f to verified the computations upon which the assessments against members were based for the year 1930. No effect has been given in the books of account or la the accompanying Exhibit A to accrued salaries at December 31, 1929, and other accrued expenses at December 31, 1930 and 1929. ^ L1*20530 < *2 KSHH3Y CLKTUy that, subject to the foregoing occnents. In our opinion Exhibit A sets forth the financial condition of the Association at December 31, 1930 and 1929, and. Exhibit B sets forth the cash receipts and disbursements of the Association for the years ended December 31, 1930 sad 1929. - . '* - V* >^>MgwtW?cfyi LIA20531 "- o i - - ^o .^.a i -dA_l__ ..TCrr.M"r%*a *ai ................ ' 1930 1929 ! l2JUl CASH.......... ................................... .............................................. .. F1RNI7LKS A.'E FDCTU-dS (at cost)........................ DIE FROJ. 1E1EH3S,.......... ....................................................... TOTAL,.......... $12,303.02. 1,832.43 538.50 $14,073.95 L2^LF.Z*U GKETRAL AID tTEGSWRITIir; FITES..............., 1EDICAL KLSMARCH FUND,............... ................................................................ TOTAL,....................... .. $17,377.46 $11,131.95 3,542.00 .. SI Si .2m0*,2*..*4<6 t^$144,*673.9t 5* 170TZi No effect has been Given in the books of account or in this balance sheet to accrued salaries at December 31, 1929, arxl other accrued ex penses at December 31, 1930 and 1929. L IA2053F -- rkamdmiirju. r ja3rri.s!a4a;ststo*c+irartio bn STAISl-l'rr 0? CASH RECEIPTS MJ) SISElRTwTnS FOR TTSl ygARS LLILD H.CELj LR 31. 1330 ARP 1929 TSAR VTT3ED IKCI-C-TvyR 31, _______________________________________________________ 1930__________ 1929 BALANCE AT ESGECTG OF THE FJRICD,........................... .. 012,303.02 $ 3,846.70 r ec eipt s : From scribers: Assessrsents for calendar year 1929.................... Assessments for calendar year 1530.............. Subscriptions to Ledical Research Fund.......... Loans on notea payable,................... ................................... . Interest on hank balances,.................. 0 539.SO $29,346.50 37,447.12 1,783.00 5,042.00 6,000.00 258.66146.08 Total receipts,....................................... C4Q.027.28 340.534.S8 Total.......................................... CS2.33C.30 C44.381.23 DiCBtJRssnarrst Rxpensecr Salaries.................................... Rent, light, and vater,.................................... Printing,...................................... ................................ Traveling expenses,...................................... .. Telephone and telegra^i,................ Books and subscriptions................. Stationery, office supplies, and postage Entertaining, luncheons, etc.................. ITeniun on treasurers bond,............ Expenses of annual meeting................ .. Association dues.................. Technical research,........................... .. Professional services................... Interest on notes payable,......................... .. liscellaneous........<.......... Total,...................................... Other: Rotes paid,............................................................... Harvard College, for nodical research,.. Furniture sad fixtures.................. Refunds of dues: Consolidated Lining and Inciting Co.,. Utah Copper ,v,:;;--ny.................................... Cot .1........................................... $21,313.33 $12,041.67 2,437.53 2,394.19 4,527.81- 1,505.42 1,200.55 1,313.69 513.61 373.74 233.36 235.52 398.78- - -211.72 253.66* -120.20 30.00" - 30.00 47.80- - - 60.75 52.00- - 102.50 825.00 400.00 148.54_ 227.92 123.30 _ - 227.51 $32.110.77 019.246.83 $ 3,500.00 185.90 $ 9,000.00 1,500.00 1,326.43 v 3.635.90 1,000.00 5.00 Cl2.831.43 .til disbursements (JVr'-nrd),................. $35,796.67 $32,078.26 LIA 20533 LEAD EDCS7RIL3 A33CCIATICN ST.:rz.~'^ c? c a h h r h c h u t s xj d ih r it .:t c l n t s . b t c .u YSAR i2nivD IfcASLHHR ______________________________________________ __________ TOTAL - (Janrnrd),............................................................................... TOTAL LLHU3H --Lins ~ (Fuivsrl BALL';C3 AT ElZJ CT TH2 THAR: On deposit (1930 - The Chase National Eank of the City of Ne York, 1929 - Dio Equitable Trust Company of Hew York),.............................................. tta hand,..................................................................................... $52,330.30 $44,331-;. 35.796.67 32.07?s: $16,503.63 $12,276.C: 25.00________ 25.0' TOTAL, $16,533.63__ $12,303.0 r-- M B &mi b * a . rU2053A Jr' ?..e Cauir..ur. Hal*''. that it sue in order t. elect directors for t..~ current year. It *as :.ovel and ceconded that the Secretur, c.&et one ballot fur the oatg.tn.; coard of directors, who, belnc eliglole, offer theo.celves for re-election, excc, t that 3. S. Zlater shall replace Julius Loeb, retired, as repre sentative of the American hetal Cor.; any on toe hoard. notion carried. ?..e Secretary outlined the difficulty ir. obtain ing figures covering lead p ire and sheet froi; or.e tester and suggested that by coutininu tr.e sheet and pipe figures it uight he porsiole to obtain tr.e desired statlctlce. It raa ..ovei ar.i Ec ndei that l^ai sheet ar.l pi? e .figures he coaoi.-.-d until f.rt.vr action. hot. -. c-rr.vd. It r.j.. -It . . :v.d an; . :c unde t t ..at t..a A-tocia- tlor.'s r-' of "Ixe; h ale an 1 3lu~ hv *. I r. due is should te rleaccd or. a - ont .ly i;..te,,i of ace- ly oasis in o-i^r to facilitate . atr. r 1 r.g the figures. totion carried. 1* . ac further reco- -i.nr.'.M t.^t *.:.t > vdatUn oh a'., utte-.pt to gather figures covering t:.e intal.e o .1 productlen of eeco.-.dary leud fro-, ail sources. ?..e Secretary outlined ?r-:.e pro lens in conr.ec- t In t r, it.. tr." * rot ' r ut-c o'" lew 1 t'.rvke pipe in u.uicl- palltler. A..'.ch rire col1, relive u . 1 r. t i c:. t..e 1. a : ; 1 . 'ad ir.i-. tr.ei; At-- v-eUti.n t a !.11:, ; : i .v..' arl, as it related to the size L IA20535 * ar. aid1,tior.ul report would i reads later to the cesberj. The drastic Inroads in the lead foil business ade ,,> competitive o^a .1o materials was also mentioned by toe Secretary and one member eu^yeeted that research s.leht he conducted in u.o effort tc cony are the merits of various types of wrappings or. tobacco and related pro ducts under practical conditions. The Frecider.t recom mended that all possible lr.foroaticn he obtained. T;.e situation with re.spect to wnite lead was discussed, and tr.c opinion was expressed by several eeo.here tout t-c efforts at publicity for led products already uadc 'ey tr.c -ceociatlon were a step In the rlb..t direction and that It was hoped t..e association's pub Toe iot:*'t ir.^ aijov*''" tu Free 1 lent. Secretary