Document O12w6OX0Ybz4DqJggvk7j4NMw

March 15, 1948 At a regular seating of the Direct ora of John T. lewis & Bros. Company hold this day at their offices in the widens* Building, there were prosent ' VS . fl m <mm$ 4 mm * 15 worn, ee 4 4iam4 M He MtrPXvv $ 8. A. Watte, Director The seating was called to order hy Hr. J. v Gardiner, who presided, and Hr. St. H* Merritt reported the minutes of the nesting. The minutes of the sooting of fanner? 19th were read and approved. Efforts are still heing sad# ts sail our eld linseed Oil presses, etc, hut no foreign inquiries could he loeated in Washington. Mr. Gardiner submitted the fellewing comparative figures for the south of February 1947 and 1948 and for the first two months of 1947 and 1948. la all easoa norsal atook figures have bean olisiaatod. February 1947 - Profit 172,675.70 2 months 1947 * Profit $126,535.32 February 1942 * Profit $17,093.91 2 souths 194$ - Profit $22,199.27 Xt was reported that ear Chit application for $16,463 to equip our white lead Department to sake Tribase, Dythal and Horaasal had been approved. Xt was dseidsd to asks reeerd of the imteris application submitted to New York in the amount of $14,250 to oorer a conveyor aystss in our Oxide Department for the manufacture of color makers litharge for our lead Chemicals Department! and to sake reeerd of tke 04R la the amount of $1,31$ to cover the purchase of recording wattsotora in our Oxide Department We are studying our present employment application ferae in the light of the new Fair Employment practise ordinance as passed on Marsh 11th by the Philadelphia City Council. It was unanimously decided to accept Mr. 3lmeu*s allssatiea figure and to contribute $750.00 ts the 194$ Am#risen gad Cress fund. The secretary was authorised to sou eight shares of the Philadelphia Bourse Common steak at approximately $19.50 per chare with the idea that the preaeeda would be used to establish a membership in the Phils* dslphia Cons*relal Exchange. The regular report of shipments for the week ending March 12th waa submitted. There being no further business, upon motion the meeting was adjourned. NL 000040736