Document NEwkqpy0vBVXZZmBRQganq7qp

LIA18876 LEAD INDUSTRIES ASSOCIATION, INC. III MAOIION AVCNUt HCW IT, M, v. D 15, 196? 6U2JTC7: w w -pc w t * raiMCHIPTlOW --------------------E2---------- Vo of tha Lead Induetriea Aaaoclatlaet Starting vltb 1ti62 the Director* have approved a airpliflad artbod of eattlng up bidgeta which ahould mult la eonsldarabla aavlng* la ac* counting and ba aora eaelly understandable, while at the itsa tint providing adequate eoctroi over expenditure! and auffleleot detailed financial lnfonatloc to neejara and the Board. In the past tha Ordinary and Penaloc Fuad begets, the Eealth and Safety Fuad budget, tha India try Earelopocnt Ftfwl budget and tha Research Fund budget were all aet up aeparataly, how all except tha Research Fund budget are eoebtned Into one. All Maaber* will contlcua to subscribe against a oeaberahlp aaaeaa- ant which will ba applied to tha conhlned funda. For 19& tha rata for till Membership subscription haa been act by tha hoard at tha average rata over tha lart three yeara and In tha taoa ratio as In tha peat for alnera, Miter* and refiners, lead producta canufarturera, and Manufacturer! of aaaaoblad artlclea. Tha balance will ba aubscribed by pig lead producer* cc tha baala of their aalaa of pig lead In the United State*. Baaaarch funda will continue to ba handled aeparataly aa In tha part and bared oo pig leal production wherever It occurs. As a result of the foregoing the following budgets and subacrlptloc ret**, based on 196l figures, have been approved for tha operation of tha Lead Industrie! Association in Vj62i SUXUET OF APPROTED BU5C2J3 ATO SUECRimOfa - Xp6z Budget Ordinary, Pension, Health tad Safety, and Industry Development Funds, ccoblnad 461,000 Miners ftasltcrs A Bafloars Manufacturer* Aaaeebled Article* Fig head Sellers 1* M M St Baaaarch Fund 499.230 Fig Iaad Producer* 2H Total 960,230 Bote: She rata applies to aalaa of pdg lead In the United Stataa and the 2C4 rate to production of pig lead regardless of vhare It Is produced. o LI418877 TV o To Hutiiro of Lead Industries Association January 15* 1&2 -2- Th# attached statsaent It for the first quarter of 19&. Tbe mount billed for Research la the actual amount for this purpose basad oo 1961 pig lead production figures vhlefa Lava already been filed with u*. The sane la true of Industry Development baaed 00 1961 figures of pig laid tale* 1a the United States. Selther art subject to later adjustment. Severer* tbe general oeebershlp subscription has been Increased approx* lamialy 33 per cent In line with tbe Increases 1a approved rates and will be adjusted at a later date when all is6l teenage a for lead Bleed* saelted and refined, and cocsuaed 1a ae&ufecture are available. Tearly minima aubeerlptlcct of $100 for regular neabera and $1,000 for foreign producer* remain 1a affect. sfBs^csn ADJuragre In order that we emy nake tbe necessary adjustments In a subsequent statement, won't you pleaaa aeud us, If you hare net already done *0, at your aarlleat convenience, your tannagea for tba year l<?6l on tba follow* lng applicable clastlfleat Iona as narked; Daaeatlc lead mined (recoverable lead content only) 2. Lead melted aad refined la the Oilted Statea 3. Lead ccnevmd la manufacture of lead produeta la the United Statea A. Lead censured In nanufaeture of aaaenblad articles In tbe United Statea (such aa rtcr-.j-s batteries, cable aad aaeu&ltlon) J. foreign leal exported to tbe united Statea (including ores, concentrates, bullion* pig lead* aad lead produeta - lead content only). Very truly yours. w*aa> 74r u