Document Qgqq9XqnaN2rXMrRmdwKmrxZ7

Lead Industries Association, Inc. 292 Madison Avenue New York. N. Y. 10017 Telephone: (212) 679-6020 EXECUTIVE COMMITTEE MEETING MINUTES July 8, 1971 A meeting of the Executive Committee of the Board of Directors of the Lead Industries Association, Inc. was held on Thursday, July 8, 1971, in the offices of the Associations. Present Representing J. G. McCullough, Chairman D, Broward Craig H. T. Fargey S. D. Strauss W. Allen Taft, Jr. Amax Lead Zinc Division of American Metal Climax St. Joe Minerals Corporation Cominco Ltd. American Smelting & Refining Co. E. I. du Pont de Nemours & Co. Other Members Present John C. Duncan Lawrason Riggs III St. Joe Minerals Corporation M II M Staff J. L. Kimberley - Executive Vice President David M. Borcina- Secretary-Treasurer Others Present J. F. Cole D. W. Pettigrew S. F. Radtke ILZRO Zinc Institute, ILZRO Inc. Representatives for LIA's Health and Safety Public Rela tions Counselors present: R. A. Rogers C. Thompson Hill and Knowlton, Inc. " "" Representatives for LIA's Advertising Agency present: J. Graham Paul V. Higgins Lieberman-Harrison, Inc. " mm Exec. Committee Meeting Minutes 2- - July 8, 1971 man. The meeting was called to order at 11:30 A.M. by the chair- The Secretary reported that the agenda had been sent to members on June 7 and June 25. 1971. The Chairman then called for discussion on the following: Item 4 - Greatly Expanded Public Relations Publicity and Advertising Effort on Behalf of Lead in Gasoline The Executive Vice President reported that it had been suggested that the industry give some consideration to a publicity and advertising effort aimed at the general population on behalf of leaded gasoline. As a result he had approached LIA's health and safety public relations firm. Hill & Knowlton, and its advertising agency, Lieberman-Harrison, Inc. to study the situation and present their views and recommendations at this meeting. The Chairman thereupon called on Messrs. Higgins and Thompson for their review and proposed program. A discussion of the proposed program then ensued and some of the points made were as follows: 1. The question of leaded vs. unleaded gasoline should be kept out of the public arena. An advertising campaign will probably activate those against the use of leaded gasoline with very little hope for creating a ground swell of public opinion in favor of leaded gasoline. 2. The present defensive programs of the LIA and various companies closely involved are going along very well and getting the public more involved might prove detrimental. 3. Some of the recommendations and suggestions made have merit particularly the holding of "science writers seminars" and further "technical research," if found practical. 4. in connection with research it was reported that high temperature ceramic-lined thermal reactors for use with leaded gasoline was under investigation. Further,that such materials were not currently inclu ded in research presently underway and perhaps this is an area that the industry could investigate. LI A 0 2 e 5 2 Exec. Committee Meeting Minutes -3- July 8, 1971 The Chairman then requested that the staff with the counsel of its public relations and advertising advisers construct their program to conform with the opinions expressed by the committee. Item 2 - Lead in the Environment-Report on Activities The Executive Vice President reported that much of what he had had to report was already discussed and that in his opinion a basic decision relative to the use of leaded vs. un leaded gasoline had been made by the automobile industry and a.very major problem was how to change this decision. Item 3 - Report on Joint Operation of the LIA and ILZRO Health and Safety Activities The Executive Vice President reported the LIAILZRO joint operation of the Health and Safety programs under the direction of Dr. Jerome F. Cole was working extremely well. Dr. Schrade F. Radtke agreed that this cooperative effort of both organizations, in this most critical area, was proving most effec tive . Item 1 - Review of 6-Month Financial Statement The Treasurer presented his statement of receipts, disbursements and fund balances for the first six-months of 1971 and the estimates for the full year plus an explanatory summary as per Exhibit "A" attached. The Chairman requested the Treasurer to send a copy of his report to the Board of Directors. Sincerely yours. DMB:so Att: Exhibit "A" David M. Borcina Secretary, Treasurer LIA028 53 July 8, 1971 Exhibit "A" critical area and we will be prepared to expend whatever is appropriate. If you will recall, the Board agreed at its budget meeting to expend with Hill & Knowlton up to $150,000, if need be and the additional fund of $30,000, to come from our advertising and promotional programs. Items 17 & 18 - As you know, these items are to take care of targets of opportunity offered us by ILZRO research and our own effort. At the moment, these are our best estimates as to what we foresee. LIAC2854 -3- Lead Industries Association, Inc. 292 Madison Avenue New York, N Y. 10017 Telephone: (212) 679-6020 July 8, 1971 SUBJECT; FINANCIAL STATEMENT and REPORT OF EXEC. COMMITTEE MEETING. JULY 8. 1971 To; Board of Directors of Lead Industries Association; At the request of the Chairman I am attaching a copy of the 6-month financial statement of receipts, dis bursements and fund balances and estimate for the full year 1971. Also a copy of the summary of ray report as presented to the Executive Committee on July 8, 1971. Sincerely yours DMB;so Att: David M. Borcina Secretary, Treasurer LI AC28 55 N 686.01 LEAD INDUSTRIES ASSOCIATION. INC. STATEMENT OF RECEIPTS. DISBURSEMENTS & FUND BALANCES ACTUAL 1/1 - 6/30/71 ESTIMATE 12/31/71 RECEIPTS: 1. Assessments: a. Pig Lead Sales b. All Other $321,560,40 103,060.07 $637,200 205,703 2c Interest on Savings 1,293.27 2,000 3o Miscellaneous a. Publications b- Other 2,793.52 , 498.00 f 5,000 Total All Receipts $429,205.26 $849,903 DISBURSEMENTS: 1. Administrative-Schedule "A" 2. Promotion & Development Schedule "B" 3c Final Refund of 1970 Assessment Monies $187,094,37 242,217,33 5,258.94 $368,050 520,576 5,259 Total All Disbursements CHANGES IN FUND BALANCES FUND BALANCE 1/1/71 REVISED FUND BALANCE $434,570.64 $893,885 ($ 5,365.38) ($ 43,982) $149,329.65 $149,330 $143,964.27 $105,348 ^7//^/7 /r t 'f Z 1971 BUDGET $672,000 172,000 2,000 [ 5,000 $851,000 $351,400 568,60C - $920,000 LIA02656 N 686.02 LEAD INDUSTRIES ASSOCIATION, INC. STATEMENT OF ADMINISTRATIVE DISBURSEMENTS January 1 - June 30 and Estimated 1971 SCHEDULE HA" p9e 2 ADMINISTRATIVE DISBURSEMENTS ACTUAL 1st 6 moB. 1971 DISBURSEMENTS ESTIMATED EXPENSES Year 1971 1971 BUDGET 1. Salaries: a. Gross Payroll b. Temporary Help c. Employment Agency Fees d. Blue Cross & Blue Shield 2. Payroll Taxes $ 94,486.85( 377.90( 156.00( 1,440.48( 4,597.34 $192,800 8,100 ( ( $210,000 ( ( 9,000 3. Pension Premium (Bankers Life Co.) 15,350.50 15,350 18,000 4. Business Insurance: a. General b. N.Y. Disability 5. Group Insurance 828.27( 105.91( 1,628.28 1,500 3,900 ( ( 1,200 3,200 6. Rent 13,500.00 27,000 27,000 7. Travel and Expense 16,209.15 34,000 40,000 8. ILZRO Health & Safety Admin. Costs 17,164.30 45,600 -- 9. Meeting Expenses: a. Annual Meeting b. All Other 1,870.24( 89.75 ( 10. Professional Fees: a. Auditing b. Legal c. All Other 11. Printing & Office Supplies 1,200.00( 1,269.41( 1,170.00 ( 2,575.27 12. Telephone & Telegrams 13. Postage and Express 14. Subscription-Books & Periodicals 15. Furniture and Equipment 1^. Office Services 17. Technical Association Dues 18. Miscellaneous Total 3,363.76 4,989.57 454.89 390.77 3,298.60 96.50 480.63 $187,094.37 2,500 5,900 5,200 6,700 10,000 700 1,000 6,600 500 700 $368.050 ( 5,000 ( LI A 026 57 ( ( 4,000 ( 6,000 6,000 9,000 800 2,000 8,500 700 1.000 $351,400 Page 3 LEAD INDUSTRIES ASSOCIATION, INC. STATEMENT OF PROMOTION & DEVELOPMENT DISBURSEMENTS SCHEDULE "B" PROMOTION & DEVELOPMENT DISBURSEMENTS: 1. Advertising: a. Agency Fees b. Out-of-pocket Agency Expenses 2. Space Advertising: a. Space b. Misc. & Production Costs 3. Conventions & Exhibits: a. Plant Engineering Sc Maintenance Show b. Design Engineers Show c. Chemical Show d. National Plumbing Exposition e. Miscellaneous 4. New Literature & Booklets 5. Lead Monograph 6. Corrosion Handbook 7. Annual Review 8. Existing Literature Expenses: a. Lead Magazine 1. Printing Costs 2. Mailing Costs 3- Mailing List Maintenance b. Lead Abstracts c. Misc. Literature 9 Reprinting Technical Articles 10. Test Programs 11. Illustrative and Photographic Expenses 12. Motion Picture "The Lead Matrix": a. General Distribution b. U. S. Bureau of Mines 13. Apprentice Contest 14. Contribution to Technical Socifetie's: a. National Shooting Sports Foundation b. Steel Structures Painting Council c. Electric Vehicle Council d. ANSI 15. Zinc & Lead International Service 16. Health 4 Safety Program: a. Hill & Knovlton - Regular b. Hill & Knovlton - Lead & Gasoline c. Lead In Pediatrics d. Kettering Abstracts e. Miscellaneous 17. Contingency Material From ILZRO 18. Contingency: Miscellaneous Promotion ACTUAL DISBURSEMENTS l/l - 6/30/71 $ 37,500.00 3,980.80 76,950.60 12,791.46 1,165.09 1,011.00 - 793.89 1,408.98 939.00 - 492.60 1,824.49 .5,918.57 7,249.30 208.16 3,389.67 152.76 557.06 551.55 - 65O.OO 1,000.00 - 750.00 10,297.70 32,802.43 27,270.84 5,061.50 3,926.58 1,349.00 397.50 1,826.80 ;>242,217.33 ESTIMATED EXPENSE YEAR 1971 $ 70,000. 6,000. 160,000. 20,000. 1,165k 1,011. 500. 900. 1,500. 3,000. 3,000. - 2,090. 000 Lf\ 1971 BUDGET $ 70,000. 5,000. 160,000. 20,000. ( ( { ( 5,000. 8,000. 4,000. 2,000. 17,100. 11,300. 9,500. 13,000. 2,000. 6,000. 200. 1,300. 8,500. 2,000. 1,500. 650. 1,000. 1,000. 750. 29,100. 65,000. 55,000. 5,100. 11,500. 2,000. 5,000. 3,000. *>520,576. ( ( 45,000. ( 13.000. 3,000. 10,000. 5,000. 2,000. 10,6001 2,000. 1,500. ( ( 3,400. ( ( 29,100. ( ( ( 152,000. ( ( 10,000. 3,000. $568.too. LIA026 58 July 8, 1971 Exhibit "A" SUMMARY OF THE TREASURER'S REPORT Receipts Our receipts for the year are presently anticipated at $849,900, closely approaching our 1971 budget estimate of $851,000. Disbursements Our estimated total disbursements for the year 1971 total $893,885 including a refund of $5,259 to one of our member companies. This was occasioned by the fact that one member had subscribed more than 257. the maximum allowable by our By-Laws. We currently expect 1971 disbursements to be $26,000 less than the approved 1971 budget of $920,000. However, disbursements are estimated to exceed receipts by $43,982. Thus our Fund balance, (Reserve) will be reduced from $149,300 at years beginning to $105,348 at years end. Schedule "A" Now if you will turn to Page 2, we can go over some of the details of the Administrative part of the budget. I call your attention particularly to Item 8, ILZRO Health & Safety Administrative Costs estimated at $45,600, for which no specific budgetary allowance was made. However, after the 1971 budget meeting, J. L. Kimberley, the president of LIA and the Health and Safety Committee of the Board of Directors, decided to combine this activity conducted by the two groups under a single director, Dr. Jerry Cole. The total 1971 budget for this activity is $91,200, split equally between ILZRO and LIA. I wish to point out however, that the Industry Development Committee and the Board of Directors during their budget deliberations did allow for an ongoing LIA activity in this area by allocating funds in the Salaries, Payroll Taxes, Pension Premium, Travel and Expense accounts. All of these are lower LI 4026 59 1- - N 686.03 July 8, 1971 Exhibit "a " because of the joint activity, but by no means account for it all. Thus we anticipate exceeding the 1971 budget by approximately $17,000. Schedule "BM Now if you will turn to page 3 we can review some of the Promotion and Development disbursements. I do believe by careful and selective pruning and keeping in mind our ongoing promotional activities, we can conceivably reduce our expenditures by roughly $48,000. Item 1-2-3 - Will approximate approved budget Items 4-5-6- - Can be substantially reduced without serious loss to our program Item 7 - Same Item 8a - Each issue of "Lead" Magazine costs us roughly $15,000. However, the first issue this year was partly paid for in the 1970 expenses, thus the apparent saving of roughly $7,000. Item 8b - This is a joint international effort and LIA share and cost of distribution will be as budgeted. Item 8c - An effort will be made here to save a small amount. Item 9 - Here again an effort will be made to conserve funds but if a lead story of such value comes along that we cannot afford to pass it up, we might not be able to effect the indicated saving of $4,000. Item 10 - In these classifications every effort will be made through 15 - to stay within the estimated expenses for the year but it may require some juggling to do so depending on circumstances and priorities. LIA0266C Item 16 - Our estimate at the moment would indicate $13,400 less than the approved budget. However this is a most -2- July 8, 1971 Exhibit "A" critical area and we will be prepared to expend whatever is appropriate. If you will recall, the Board agreed at its budget meeting to expend with Hill- & Knowlton up to $150,000, if need be apd the additional fund of $30,000, to come from our advertising and promotional programs. Items 17 & 18 - As you know, these items are to take care of targets of opportunity offered us by ILZR0 research and our own effort. At the moment, these are our best estimates as to what we foresee. Lr^65l -3-