Document XRDYrBMz8BZ0rxjXD1X809m4w
EXECUTIVE COMMITTEE MEETING
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New York, N.Y
December 1, 1943
A meeting of the Executive Committee of the Lead Industries Association was held on Tuesday, December 21, 1943, at 12:30 P.M. at the Down Town Association, New York, N.Y.
Present
Representing
Clinton H. Crane, F. H. Erownell F. W. Rockwell F. F. Colcord
Chairman.St. Joseph Lead Company American Smelting & Refining Co. National Lead Company
United States Smelting Refining & Mining Co. Inc.
Also
C. Glass
H. Fowe E. V. Peters
International Smelting Company
National Lead Company St. Joseph Lead Company
Refining
F. E. Wormser, Secretary-Treasurer
The minutes of the previous meeting of June 22, 1943, were approved.
RECORD OF ADMISSION TO MEMBERSHIP_________
The election of the following companies to membership in the Lead Industries Association by letter ballot of the Executive Committee was confirmed:
New Park Mining Company, Keetley, Utah as of August 23, 1943
Shattuck Denn Mining Corp., New York, N.Y. as of August 23, 1943
Mike Horse Mining & Milling Co., Helena, Montana, as of September 9, 1943
The election of the Firestone Tire and Rubber Co. Akron, Ohio, to associate membership in the Lead Industries
Association by letter ballot of the Executive Committee as of September 0, 1943, was confirmed.
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Executive Committee Meeting Minutes
December 21, 1943
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STANDARD FOR LEAD REDUCING BENDS
Motion was made, seconded and carried to amend the Lead Industries Association Standard for Lead Traps and Bends, Section 5, Exceptions: to include a Standard for Lead Reducing Bends as follows:
Reducing bends shall be considered as meeting this standard only if the re duction in diameter occurs exclusively on the top and sides, leaving the bot tom of the bend, when in the installed position, smooth and straight so that it can not form a trap for substances passing through the bend, and if they meet the requirements of this standard in all other respects except total weight.
STANDARD FOR HARD LEAD CLOSET FLOOR
FLANGES
The Committee confirmed its approval by letter bal
lot of the Lead Industries Standard for Hard Lead Closet
Floor Flanges, as follows:
'
LEAD INDUSTRIES ASSOCIATION STANDARD FOR HARD LEAD CLOSET FLOOR FLANGES
Hard lead closet floor flanges shall be
composed of lead alloyed with between 7.75
and 8.25 per cent antimony by weight. Lead
plus antimony shall equal not less than
99.75 per cent of the total weight. Dimen sions shall be in accordance with the at
tached drawing rtiich is hereby made a part
of this specification, with a tolerance of
5 per cent permitted on all dimensions
except diameter of flange on which the tole
rance shall be -*-0.0625 in. and -0.
The
total weight of each flange shall be not
less than 1.1b. 9 oz. Castings shall be
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smooth, clean, and of good quality, made in one pour and free from blow holes, sand holes,
porosity, hard spots, shrinkage defects, cracks, cold pours, or other injurious defects. Flanges
meeting this specification shall have the manu
facturer's identification mark and the Lead
Industries' Seal of Approval stamped or cast
on them.
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Executive Committee Meeting Minutes
December 21, 1943
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STATISTICS
The Committee discussed the preservation of the individual statistical reports submitted to the Lead Industries Association by members periodically and which had accumulated over a great many years. It was decided to preserve statistics for the current and five prior years.
1944 BUDGETS
The Committee examined the financial statements covering the various activities of the Lead Industries Association, as per Exhibit "An attached, and it was moved, seconded and carried that the total of all budgets for the activities of the Lead Industries Association should be $251,000, equal to the total subscription received from members during the year 1943.
The Chairman stated that it was desirable to continue the accumulation and expenditure of funds for a general pro motional advertising program but because of war conditions adversely affecting white lead, it was probably undesirable to expend funds altogether for the benefit of that commodity. It was suggested that the designation White Lead Promotion be changed to General Promotion Fund.
The Secretary requested the decision of the Committee with respect to a budget for the Ordinary Fund. It was moved that the budget be kept at $65,000 but that the Contingency Fund should be increased from 3500 to $4,000, to provide for probable, but currently unanticipated medical research, as follows:
ORDINARY FUND BUDGET - 1944
Furniture, Fixtures and EauiDment Salaries Rent and Light Social Security Taxes Office Supplies Miscellaneous Traveling Expenses Association Dues Entertainment and Luncheons Telephone and Telegraph Books and Subscriptions Printing Mailing "Lead" Illustrations Contingencies
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$ 500 35,000 4,500 750 1,750 500 4,000 200 500 1,500 350 500 1,750 9,000 200 4.000
$65,000
Executive Committee Meeting Minutes
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December 21, 1943
The budgets recommended by the Advisory Committees for the funds indicated for 1944 were as follows:
Metallic Lead Products Fund ............ $50,000 P.ed Lead Fund .......................................... 20,000 Agricultural Service Fund ................. 33,000* General Promotion Fund ........................ 83,000
Ordinary Fund (as above)
$186,000 65,000
$251,000
* To be augmented by a subscription of $10,000 from the American Turpentine Farmers Associ ation Cooperative, plus $10,000 from an un expended balance in the White Lead Promotion Fund for 1943.
It was decided by the Committee that no transfer of funds in 1944 were to be made from one budget to another, other than that for the Agricultural Service Fund above, v.ithout the express approval of the Executive Committee.
Meeting adjourned at 2:00 P.M.
Secretary
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Executive Committee
Exhibit rAr
Meeting Minutes
December 1, 1943
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BUDGET MEMORANDA
ORDINARY FUND - The 1943 expenses were below budget esti mates and inasmuch as 1944 requirements for medical re search will be nil, we can, if the Executive Committee so desires, reduce the budget for 1944 from 65,000 to 61,500. (The Harvard Medical School, because of a con flict with war activities, has been able to use only a small fraction of the 1943 appropriation of 3,500 made to carry on their work on lead poisoning.
METALLIC LEAD PRODUCTS FUND - The budget of 50,000 recom mended by the Metallic Lead Products Advisory Committee, permits a modest expansion of the program to include oroducts not now currently covered, particularly sheet lead in the chemical and building field.
AGRICULTURAL SERVICE FUND - The program is being kept at the same size as in 1943, 33,000, and will be augmented by a subscription from the American Turpentine Farmers Association Cooperative of 10,000.
RED LEAD FUND - This is a new venture begun late in 1943. There is no need for changing the budget of 0,000 estab lished by the sponsors to that program. The venture has already Justified its existence for a long time to come by reason of the results it has obtained in preserving current U.S.Maritime Commission shipbuilding practice which threatened to discard red lead in favor of a competitive pigment.
WHITE LEAD FUND - This budget is the only one which hasn't been definitely recommended by the producers because of the uncertain outlook for white lead in the light of linseed oil, container and labor difficulties. If a broad general adver tising program is to be adopted by the Association, part of the work of the white lead advertising campaign may be ab sorbed by the general program.
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Executive Committee Meeting Minutes
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Exhibit "A" December 21, 1943
ORDINARY FUND
FINANCIAL STATEMENT
1943
Expenditures
Estimated
Jan.l to Nov.30 19 4 3
19 4 3 Budget
Furniture, Fixtures and Equipment
Salaries
Rent and Light Social Security Taxes Office Supplies Miscellaneous Traveling Expenses Association Dues Entertainment and
Luncheons Telenhone and Telegraph Books and Subscriptions Printing Mailing "Lead" Illustrations Medical Research Contingencies
$ -26.95 30,569.86 4,084.72 358.87 1,002.90 558.00 2,633.91 195.00
$ 25.00 33,300.00 4,500.00 625.00 1,100.00 600.00 3,000.00 250.00
$ 500.00 35,000.00 4,500.00 750.00 1,750.00 500.00 4,000.00 200.00
406.58 1,004.82
285.83 395.92 1,214.49 7,296.52
35.35 3,500.00
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500.00 1,100.00
350.00 400.00 1,300.00 9,000.00 100.00 3,500.00
500.00 1,500.00
350;00 500.00 1,750.00 9,000.00 200.00 3,500.00 500.00
$53,515.82
*59,650.00 $65,000.00
Balance, January 1, 1943 Ordinary Fund Assessments
Less: Outstanding Assessments
$65,470.25 ______ 75.00
$15,998.07 $65,395.25
Less:
Disbursements to
November 30
$53,515.82
Advances and Special
Reserves
1.962.40
Balance, December 1, 1943
Estimated Expenditures in
December, 1943 Reserve for new book on
Lead
$ 6,125.00 $ 4,000.00
Estimated Balance, Jan.1,1944
$81,393.32
$55,478'. 22 $25,915.10
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$10.125.00 $15,790.10
Executive Committee Meeting Minutes
Exhibit "A" December 21, 1943
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METALLIC LEAD PRODUCTS DIVISION
FINANCIAL STATEMENT
19 4 3
Expenditures Jan. 1 to Nov. 30. 1943
Bent and Light
$ 120.00
Salaries
7,791.52
Social Security Taxes
208.11
Traveling Expenses
6,837.16
Mailing
349.33
''Plumbers' Forum"
4,023.80
r~ - Association Dues
117.00
Entertainment and Luncheons
705.26
Publicity
37.40
Local Meetings
120.10
Conventions and Exhibits 1,232.09
Advertisements
6,247.87
Miscellaneous
612.94
Estimated For Year $ 120.00
8,500.00 300.00
7,500.00 400.00
4,700.00 200.00
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800.00 100.00 150.00 1,250.00 6,600.00 700.00
$28,202.58
$31,320.00
Balance January 1, 1943 Sale of Automobile Assessments - 1943
Less: Disbursements to
November 30,1943 $28,202.58
Advances
700.00
n
in Balance, December 1, 1943
Estimated Expenditures in
December, 1943
Estimated Balance, January
1, 1944
$5,350.38 900.00
$29.207.37 $35,457.75
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$28.902.58 $ 6,555.17
$ 3.125.00
$ 3,430.17
Executive Committee Meeting Minutes
Exhibit "A" December 21, 1943
AGRICULTURAL SERVICE DIVISION
|
FTNAWCTAL STATEMENT
1943 Expenditures Estimated 1943
Jan.l to Nov.30 For Year Budget
.
Vocational Agricultural
Cabinets;__________
Equipment
27,610.38
Salaries
1,205.68
Salaries
Traveling Expenses
Rent, Light and Heat
Entertainment and
Luncheons;
Entertainment and
Luncheons
Conventions, Ex
hibits k Meetings $
693.92 120.39
4-H Club Awards
Replenishing 4-H Kits
Printing Job Sheets &
Lesson Outlines
Other Printing
Mailing
Miscellaneous;
Office Supplies $
Telephone and
Telegraph
Illustrations
Miscellaneous
Social Security
Taxes
Contingencies
(by difference)
657.22
296.71 32.91
439.09
$28,816.06 $11,045.86
4,887.50 798.41
$ 314.31 $ 1,143.44
781.57 2,127.52 1,752.47
1,425.93 325.55
$28,900.00 $26,000.00
12,025.00 13,200.00
6,000.00 7,400.00
850.00
900.00
900.00 1.300.00
800.00
2.325.00
1.800.00
300.00 1,500.00 -
200.00 ;
__ j
1,500.00 500.00
1,500.00
1,500.00 450.00 -
500.00 750.00 2,795.03
$53,918.62
$56,850.00 $57,045.03
RECEIPTS
Subscriptions from Members Transferred from White Lead American Turpentine Farmers Association Cooperative Sale of Automobile Transferred from Lumber Products-Better Paint
Campaign
Less: Debit Balance, January 1, 1943 Advances
Advailable for 1943 Estimated 1943 Expenditures
Estimated Balance, January 1, 1944
$1,749.37 750.00
$32,585.00 7,500.00
17.500.00 825.00
1.134.40 $59,544.40
2.499.37 $57,045.03
56.850.00 $ 195.03
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Executive Committee Meeting Minutes
Exhibit "A" December 1, 1943
-9 RED LEAD DIVISION FINANCIAL STATEMENT
19 4, 3
Expenditures Jan. 1 to Nov.30
Salaries and Engineering Fees 2,258.12
Traveling Expenses
922.59
Social Security Taxes
25.39
Telephone and Telegraph
61.66
Transfer of Headquarters
826.35
Entertainment and Luncheons
61.81
Miscellaneous
54.13
Estimated For Year 2,825.00
1,000.00 100.00 75.00 830.00 75.00 75.00
4,210.05
5,040.00
Assessments, 1943 Less: Disbursements to
November 30, 1943 Advances
$4,210.05 200.00
Estimated Expenditures in December, 1943
8, 869.24
14,410.05 $4,459.19
830.00
Estimated Balance January 1, 1944
3,629.19
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Executive Committee Meetint Minutes
Exhibit "A" December 21, 1943
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WHITE LEAD ADVERTISING DIVISION
FINANCIAL STATEMENT
19 4 3
Expenditures
Estimated
Jan. 1 to Nov .30 For Year
Rent and Light Salaries Social Security Taxes Traveling Expenses Office Supplies Miscellaneous Ross' Book Printing Mailing Illustrations
Advertising Space Publicity Production
990.00 5,853.27 133.06 67.82 81.95 22.57 7,419.76 2,304.14
364.53 9.08
75,774.54 18.97
3,675.34
1,080.00 6,382.00 175.00 70.00 100.00 25.00 7,365.00 2,640.00 400.00 10.00
75,775.00 20.00
3,675.00
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96,715.03
97,717.00
Balance, January 1, 1943 Assessments
9,427.84 114,569.00
Less: Disbursements to November 30, 1943 i96,7l5.03
Advances
250.00
Transferred to
Agricultural Service
Division
7.500.00
Estimated Expenditures in December, 1943
Estimated Balance, January 1, 1944
123,996.84
104.465.03 t 19,531.81 1.000.00 18,531.81
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