Document OEroQy2XMwbROmdBa1Rqqz6XM

" ' ; ". ' ' ; l ia 2179^ * IEAD INDUSTRIES ASSOCIATION Graybar building, 420 Lexington Avemw N*w York, N. Y. ifar a, 19SJ Tp -the Members .9f_tt9_l.Mta..lpawrtrtt Association Beginning May 1, 19SJ the fora of the Weekly Pig Lead Bale* Report he* been sodifled to Include statistical data Intended to make the report even store informative than It hae been in the past. The first report made on the new -) bail* 1* attached. Three major division* are no* used to classify the weekly big lead sales, namely: (1) "Current* - This group includes all new business placed from day to day. If the ne business has been transacted upon a flat price baais it has been Includ ed in the "Market* column; if, on the ether hand, the nev bualness has been nego tiated on an average price basle of to or store days, or upon a weekly or monthly average, the tale has been reported In the *Averare" column. As heretofore, new average'prise sales have been reported as new business only during the month in . which the average price ecetract la negotiated and for tha month following. Tonnages sold still further ahead are included in the "AH Other" classification. (2) "Irtra-Comnanr* - Includes ell sales of pig lead made to subsidiary or affiliated companies with tha exception of sales made to the*# subsidiary or affiliated coavpanles which havs full authority to moke purchases of pig load wherevtr they prefer. fS) "All 0the~" - Includes tales made on average-price contracts running on a month to month bssls, or other regular period, and any other husines* not covered by division* (1) and (2). No change has been made in tbs form of reporting grades of lead sold from week to weak. ( Deferred sales and advanced sales an recognised through an explanatory footnote when required. l Unfilled Orderq i Shortly after the doss of oach month members will be provided with a apeelal monthly etatsaent ahewing th# "unfilled pig lead order*" on the books of the sellers. Unfilled order* eonelst of lead held for customer's seceunt at 'A smelter, refinery and warehouse which has been sold and invoiced, or paid for, but net shipped during th* month epecified in th* sales contract*. It is - essentially the lead owned by customer* and hold or stored at smelter, refinery or warehouse on tho last day of tho month. -v\ .. 'V ^16905