Document YDVeJkrNnpVpb5j7QRwXk2nwN
Chicago, 111.
BOARD OF DIRECTORS MEETING
April 1U, 1950
A meeting of the Board of Directors of the Lead Industries Association was held on Friday, April 1U, 1950 at 9:30 A.M., at the Drake Hotel, Cnicago, 111.
rrxSENT
REPRESENTING
Norman Hickman S. D. Strauss J. 3. Haffner
J. P. Ruth F. E. YTormser G. H. LeFevre
American Metal Co., Ltd. American Smelting R Refining Cc Bunker Hill i Sullivan Mining
& Concentrating Co. The Glidaen Co. St. Joseph Lead Co. United Staces Smelting Refining
& Mining Co., Inc.
Robert L. Ziegfeld, Secretary-Treasurer
It was regularly moved, seconded and carried that Ur. Felix E. \7crmser be elected chairman of the Board of Directors.
__ Mr. TSTcrmser then occupied the chair.
The minutes of the previous meeting of March 10, 1950, were
approved.
-
TREASURER'S REFORT
The treasurer submitted financial statements covering the first quarter 01 1950 which were accepted, (Attached as Exhibit "A").
ELECTION OF OFFICERS
.
The chaimEn stated that it was in order to elect officers of the Association, wnereupon the following nominations were made, and tnere being no further nominations, the secretary was instructed to cast one ballot for the election of these nominees and they were de clared elected:
Felix E. YJormser, President K. C. 3rownell, Vice President J. A. Martino, Vice President
ELECTION 0? EXECUTIVE COMMITTEE
The secretary called the Board's attention to the fact that inasmuch as the annual meeting of the Association nad left two vacancies on the 3oarc of Directors, one of which had formerly been filled by a member of the Executive Committee, only five of t.ie six former members of the Executive Committee were eligible for reelection.
Board oi Directors Meeting minutes
-2
April lb, I950
The Board then reappointed the following tc tne executive ooaruittee:
. Felix E. '.Terms er, Ghairraan J. 1. Sowlby K. C. Brownell J. A. Martino George lixter
and decided to leave ,ne vacancy on the committee temporarily or until tne vacancies on the Board had been filled so tnat a western mining member mi0nt be added to the executive Committee.
Membership Eligibility - The request from Philipp Bros., for information about membership in the Association of its foreign principals was again discussed, supplementing discussion at tne previous meeting. T..e secre tary reported t..at _.e aad received a letter from t..e State Department, indicating that that Department had no objections to membership in the Association by Brecon lines, attached as Exnibit "5!'.
The Board still expressed reservations about tne advisability of naving a foreign government as a member o tne Association, inasmuch as Trepca lines is earned and operated by the Yugoslavian Dcvernment, and also and reseiwaticr.s as to wnetner it would be Trilling to supply statistica_ information to the Associati.n .similar to that supplied by domestic producers, or whether domestic producers would be giving it statistical information without receiving any in return.
The secretary was instructed ,,o nave a frank talk v/itn Philipp Bros, to determine to just wnat extent Trepca lines would be willing to go in co Derating with the Association statistically and otherwise, if it desired to join.
Kann Bros. - The secretary reported that he nad written Kahn Bros, tnat the Board, could not mak. an exception to the minimum membership sub scriptions in its case as requested, but had 2'eceived nc reply. Kahn Bros, was, therefore, formally dropped from membership in the Association anc. the secretary was instructed to attempt tc collect back subscriptions.
CONSTITUTUICTI AND BI-LAD'S
The secretary explained that since tne Constitution and By Laws had been printed a number of cnanges had bean made on several dif ferent occasions. He recommended that inasmuch as it appeared that there Would be no new amendments in the near future, the Constitution and By Laws be reprinted incorporating all amendments, ana copies be supplied tc all members. The Board approved the reprinting.
'.VHITE LEAB` PECGBA1
'
The secretary reported tnat at a meeting of tne V.'hite Lead Division, held earlier in woe sane day, the Proposed 7/hite Lead Promot ion Program, attached is Exnibit "C", had been approved by the Division.
LIAOO^tOO
tJ'JfJLA. _ 01 i/liCUOW. J Meeting Minutes
-3 -
April 11, 1950
The Board formally approved the prog.an and budget and in structed the secretary to publicise tne action among the .menoership of tne Association. It was Tel: that anis could ..e done through the ne;rt issue ox are Information Bulletin.
SUP.7EY ON CABLB SHEATHING
The secretary submitted a report of tne survey me had nade to
date on the status of lean sheabned power and telepnone cable, attached
as Exhibit "D" The secretary felt chat it would be cesiruble to con tinue inis study in order tc try to aevelop soae means of protecting ahis market for lead. It was also suggested tnat ne contact the British lead interests for information about developments abroad. The Board instructed the secretary to circulate nis interim report of this survey to all members of the Association.
GOVEArEENT SECUNITIES
The treasurer explained that vbh,Of'G of tne General .-romotion Fund was currently invested as follows:
B3u,000 in Certificates of Indebtedness of the U. 5. Government, 3 1=, due June 1, 1930, and
>0,000 in Savings Notes of tne U. S. Government, Series C,
_ due June 1, 1930.-
--
=
He explained that in view of tne approval of one White Lead Program it would be necessary to use some of these funds during tne coming year.
The Board ordered that 50,0 GO be reinvested, upon maturity of the present securities, in one year Government notes, and that the other 31,000 be held in cash for use.
NINE TAXATION
The secretary presented a letter from Hr. Evan Just, Bditor of Engineering B Liming Journal, written on American lining Congress station ery, attached as Exhibit "E", asking the cooperation of tne Association in an endeavor to obtain tax relief for tne mining industry in accordance with the recommendations of the American lining Congress ana National minerals Advisory Council to tne Department of the Interior.
The 3oard felt that the tax relief suggested would be bene ficial not only to tne mining members of the Association but also to the consuming members by encouraging a greater amount of exploration for new ore deposits, development of new mines, and a steadier supply of metal at reasonable cost.
The secretary was, therefore, instructed to send copies of the American Mining Congress bulletin on Mining Taxation to al1 nenoers of the A.ssociation, urging that they '.Trite their Congressmen and Senators of their support of these proposals.
LIA 00401
Boara c. Bireccors yeetin. 'Jinuc.es
-u -
April I4, 1950
The secretary explained t.rac large meecings nela in nctels, such as :ne Associaci.n lead held during the last cwo years, naa co be planned about a year in advance in order to get satisfactory hotel accomnouacions and daces. He, tnerefere, asked the Board for guidance as to whether _t '.vis he a to hold a meecing in 1551 similar to the 19ir5 and 195-' nestings, and if so, where.
It was felt than the nesting naa been valuable in promoting umerscanding among the various segments cf the industry and chat a similar meeting should be held in 1551. He was instructed to make the necessary arrangements, particularly to have tne daces either immed iately preceding or imnediacely following chose of the 1551 annual meeting of tne American Zinc Instituce so thao members could attend both meetings cn twe same trip. Chicago v.'as felo to _e cne mosc cencrally iocaced place for such a meeting.
ITATI5TICS
A. suggestion was made shac all the scacistics of che Associa -- tier, snould be reviewed witn tne ide cf eliminating any unnecessary soaoisoics and possibly cnanging cne period of pubiicacion of some of tne scaciscics. It was agreed that tns weekly Pig Lead Sales report, Form p.f should be tne first statistical report to be reviewed. The president suggested that he call cne repercing members tcgecner in New York at an early dace to discuss this scries of reporcs.
L I A00^C2
Boai.
Directors
Meeting Minutes
FINANCIAL STATEMENT RECAPITULATION OF ALL DIVISIONS
January 1 to March 31, 1950
(a)
Exhib April
]
ORDINARY
METALLIC
SAFETY AND LEAD EDUCATIONAL HYGIENE PRODUCTS SERVICE RED LEAD
WHITE LEAD RESEARCH
GENERAL PROMOTIO
t--
' ''
. " 11 1 1'..
Balance, Jan. 1 Cash........................................ $51,578.29 $ 3,263.66 $
5.62 $3,031.98 $ 5,663.83 $10,026.00 $ 2,136.3
Government Securities.
86,000.0
TOTAL BALANCE, Jan. 1. 51,578.29 3,263.66
5,62 3,031.98 5,663.83 10,026.00 86,136.3
Receipts: Transfers............................
First quarter,subscrip. Less: Outstanding.......... Net subscriptions............ Credit Applied................. Misc. Receipts...................
TOTAL AVAILABLE
Disbursements...................... Advances & Deposits.... | Total
NET BALANCE, April 1,..
Cash Balance, April 1.. Reserves................................. Government Securities..
TOTAL BALANCE, April 1. *------- -------------------------------
16,056.25 1,960.00
16,096.25
1,550.00 67,22li.56
16,786.56 2,075.00
17,661.56 ii9,562.98
69,562.98 6,000.00
53,562.98
3,002.00
7,750.00 5,8o5,'5o' 75-25
7,750.00' 57Ho^5
11,013.66 0,737-67
0,217.16 300.00
0,517.16
2,696.30
3,967.12 250.00
6,217.12
6,520.55
2,696.30 6,520.55 3,500.00
520.00 3,551.98
10,026.00 -10,026.00 5,650.25 2.00 5,668.251
-9,767.00
11,569.08
750.00
750.00 2,801.90
3,229.19 600.00 '
3,829.19
7,739.89
2,801.98 7 , 739 . 89 6,871.6c
5,996.30
6,520.55
2,801.98 1 ... _____ __
|
12,611.69
-
86,136.3 6.5
6.5 86,127.8
2,136.3
86,000.0 86,136.3
(a) See individual fund Financial Statements for details.
N 615.0J
ORDINARY FUND Financial Statement January 1 to March 31, 1950
Furniture, Fixtures and Equipment Salaries Social Security Taxes Rent and Light Office Supplies Miscellaneous Travel Expense Association Dues Entertainment and Luncheons Meetings Telephone and Telegraph Books and Subscriptions Mailing "LEAD" Illustrations
Total Expenditures
3alance, January 1, 1950 Subscriptions (first quarter)
Less: Outstanding Subscriptions Metal Powder Association
Less: Expenditures Advances and Deposits
Cash 3alance, April 1, 1950 Reserve for Lead Handbook
Total Balance, April 1, 1950
Expenditures
$ 237.15 9,009*12 123*87 1,615.9U 1:39*914 178.29 1,057.82 11*1.70 276.22 31i6j 87 265*02 59.31 988.1*2 37.73 . 8.66
$li*,786.56
$16,056.25 1,960.00
11*, 786.56 2,875.00
$51,578.29 Hi,096.25 i,55o.oo
$67,221* .51*
17,661.56 $1*9,562.98
1*,000.00 $53,562.98
LI A 004C4
SAFETY AND HYGIENE DIVISION Financial Statement
January 1 to March 31, 1950
Expenditures
Salaries
Social Security Taxes
Travel Expense
Printing
Office Supplies
Mailing
Telephone and Telegraph
Books and Subscriptions
Research
Meetings
Association Dues
Illustrations
Entertainment and Luncheons
Miscellaneous
-
$3,150.00 1*7.22
31*1.85 135.10
10.31 1*7.31* 37.68 101.92 1*, 200.00
7.00 2.00 28.30 80.56 27.88
Total Expenditures $8,217.16
Balance, January 1, 1950 Subscriptions (first quarter)
$ 3,263.1*6 7,750.00
$11,013.1*6
Less: Expenditures Advance
$8,217.16 300.00
Cash Balance, April 1, 1950 Reserve for Printing
Total Balance April 1, 1950
8,517.16
$ 2,1*96.30 3,500.00
$ 5,996.30
METALLIC LEAD PRODUCTS DIVISION
Financial Statement January 1 to March 31, 1950
Salaries Social Security Taxes
Travel Expenses
Mailing rL UMBERS'1 FORUM
Association Dues
Entertainment and Luncheons
Meetings Convention and Exhibits
Telephone and Telegraph
.
Illustrations
Miscellaneous
Books and Subscriptions
Total Expenditures
Expenditures
$1,975.02 29.61*
1,001*.27 33.81*
322.08 118.50
81*.18 113.25
52.50 3.81
11*9.31* 62.92 17.77
$3,967.12
Balance, January 1, 1950
Transfer from Sheet Lead Fund
Subscriptions (first quarter)
$5,805.50
Less: Outstanding Subscriptions 75*25
Less:
Expenditures Advances
Cash Balance, April 1, 1950
03,967.12 250.00
$ 5.U2 3,002.00 5,730.25
$8,737.67
1*,217.12
$1*,520.55
LI/. 004C6
RED LEAD DIVISION
Financial Statement January 1 to March 31, 1950
Salaries Social Security Taxes Travel Expense Telephone and Telegraph Meetings Entertainment and Luncheons Printing Illustrations Office Supplies Books and Subscriptions Miscellaneous Mailing
Total Expenditures
Balance, January 1, 1950 Transferred from White Lead Division
Expenditures
$2,13U.02 32.0U
589.35 11*. 11
10L.65 135.27 132.60
16.83 1.28
17.50 21.01 31.53
83,229.19
First quarter subscriptions $5,650.25
Less: Outstanding Subscrip.
2.00 $5,61*8.25
Credits due subscribers against 1950 subscriptions as a result of transfer -9,767.00
Less: Expenditures Advance
Cash Balance, April 1, 1950
Reserves: Printing Mailing
Total Balance, April 1, 1950
$3,229.19 600,00
J*, 071.60 800.00
,
$ 5,663.83 10,02ln00
$15,687.83
-4,118.75 $11,569.08
3,829.19 $ 7,739.89
U,871.60 $12,611.49
L I A 0 r6 C 7
FINANCIAL STATEMENTS - JANUARY 1 to MARCH 31, 1950 GENERAL FUND
Balance, January 1, 1950 Obligations of the United States: Certificates of Indebtedness, 1^ due June 1, 1950 Savings note, Series C,due June 1,1950 Cash Total Expenditures: Bank Custody Fee Total 3alance, April 1, 1950
EDUCATIONAL SERVICE DIVISION Balance, January 1, 1950 Receipts: Sale of Equipment
Expenditures: Service Fee Total Balance, April 1, 1950
$3k,00000 50,000.00 2,131.39
$86,131:.39 6.52
$86,127.87
$3,031.98 520.00
$3,551.98 750.00
$2,801.98
WHITE LEAD RESEARCH FUND
Balance, January 1, 1950 Transferred to Red Lead Division Balance, April 1, 1950
.
$10,02k.00 10,02k.00 -
SHnET LELiD FUND Balance, Januaiy 1, 1950 Transferred to Metallic Lead Products Division Balance, April 1, 1950
$3,002.00 3,002.00 -
L1A00ACS
Board of Directors Meeting Minutes
EXHIBIT B
DEPARTMENT OF STATE Washington
April 14, 1950
In reply refer to EH
April 8, 1950
My dear Mr. Ziegfeld:
On March 30 you spoke with me and on March 31 you wrote the Department with respect to the membership of Trepca lead mines, now operated by the Government of Yugoslavia, in the Lead Industries Association. The Department perceives no objection to your Board of Directors' accepting Trepca as an associate member.
" - It is understood from our conversation that membership in your Association will not facilitate acquisition of United States industrial techniques beyond what could be obtained through existing opportunities.
Sincerely yours.
Harlan P. Bramble Acting Assistant Chief Economic Resources and Security Staff
Mr. Robert L. Ziegfeld, Secretary, Lead Industries Association, 1*20 Lexington Avenue, New York 17, New York
L IA 0 0 A 0 9
N 615.02
Board of Directors Meeting Minutes
Exhibit "C'
April 14, 1950 April 10, 1950
SUBJECT: PROPOSED WHITE LEAD PROMOTION PROGRAM
To Members of the White Lead Division:
At a meeting of the white Lead Division of L. I. A. on March 7, 1950, I was instructed to prepare a detailed program and budget for the promotion of lead pig ments in house paints after consultation with advertising and technical personnel of member pigment manufacturers. This program v/as to embrace the following;
1. Trade paper advertising to paint manufacturers.
2. Booklets and direct mail directed to the same group.
3. Technical papers and articles for use before technical meetings of the paint industry and in the trade press.
All the foregoing was to be based on the fact that the white lead pigments plasticize and stabilize paints, thus making them more durable and fool-proof, with out any differentiation between the several white lead pigments which are manufact ured.
Since that time I have discussed the problem in detail with the advertising managers and designated technical personnel of the Eagle-Picher Co., the Glidden Co., and the National Lead Co. Also five advertising agencies and two public relations and publicity firms have given me their recommendations.
Substantial agreement on the program and budget to follow except publicity, has been obtained from the above mentioned representatives of our members although, if approved, a meeting of these groups will be necessary to work out detailed ad vertising copy, technical approaches, etc. In the field of publicity there is a difference of opinion with respect to the nature of publicity which should be under taken and the size of the appropriation for it. One member company favors including some general, as well as technical publicity and increasing the appropriation to about $10,000. Another member, while accepting the $7500 item for technical publicity, feels that $5,000 should be adequate.
TRADE PAPER ADVERTISING
The trade papers reaching paint manufacturers can be blanketed with our ad vertising at, low cost using each paper with full pages once a month and the leading paper with double spreads twice a month. The total cost, including estimated cost of preparation of advertisements and fees and commissions would be about $15,000 per year as follows:
N 615.03
LIA 00 410
- 2-
RECOMMENDED ADVERTISING SCHEDULE
American Paint Journal
Official Digest
Paint and Varnish Production
",'estern i aint review (Paint Industries Section)
Faint, Oil and Chemical Review
Faint Industry Lagazine
6 MONTHS TTTo
Space
Cost
26 pages
$1,950
6 pages
510
6 pages
Sho
12 MONTHS 19 5 1
Space
Cost
52 pages
13,900
12 pages
1,020
12 pages
1,080
6 pages
6 pages 6 pages
5h0
607.20 150
12 pages
1*080
12 pages 12 pages
1, 211j.. UO 900
Space Cost
-
Estimated Preparation Cost
Estimated Service Fee
31i, 597; 20 3,6C0 9C0
D9,097.20
$9,19li.iiO 3,600 1,800
$Hi,59h.liO
LIA00A11
3-
Since advertising could not start before July, only part of this amount ..ould be spent in 1950 and the full amount in 1951.
DIKECT MAIL ADVERTISING
A booklet should be prepared telling the advertising story in technical detail for distribution to our list of L,000 paint executives and technicians. This should cost, mailed, about $3,500, all of which would be chargeaole to 1950 operations, leaving a sufficient quantity for use in answering inquiries in 1951. Another ^>2000 should be allowed in 1950 for the cost of reprinting trade paper articles prepared by us and for circulation to paint manufacturers of periodical technical letters as data are made available to us by the technical departments of members. Twice this amount, or JUjOOO, should be allowed for this in the full year 1951.
TECHNICAL PAFFRS
As data are made available to us, technical papers would be prepared and presented before Paint and Varnish Production Clubs and other interested grouos. It appears that the most economical way to handle this work would be to retain a recognized paint expert, such as Dr. L. L, Carrick, now retained in connection with our red lead work on a per diem plus expenses basis. If such an outside expert is not available,, our own red lead tecnr.ioal director could present the papers, with the Ked ; ^ad Clvision reimbursed on a per diem basis. It is estimated that $5,000 should easnly cover this work for a full vear and $2,500 for the balance of 1950. The cost of reorints is covered in the preceding paragraph.
PUBLICITY
Additional technical publicity in the form of trade paper articles should be included. The cost of reprinting such articles is included under "Direct Lail idvertising." These articles could be prepared by the advertising or publicity agency from material provided them by us or oy a technical writer on our own 3taff.
Such publicity could be handled for about $7,500 per year or $3,750 for the balance of 1950,
Please refer to the introductory paragraphs of this memorandum with regard to differences of opinion respecting the extent of publicity that should be undertaken.
LlAOC^l2
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RECAPITULATION
Trade Paper Advertising Space Preparation and Fees Booklet and Mailing Reprints, Other Printing, Mailing Field l70rk Publicity Contingencies
6 MONTHS 19 5 0
$L,600
h,S00
3,500 2,000 2,500 3,750 1,15C
12 MONTHS 19 5 1
$9,200 5, Loo L,ooc 5,000 7,500 2, Loo
22,000
33,500
On the foregoing basis, the existing funds would be sufficient to
carry the program through approximately 2y years,
.
All material issued by the Association should be provided to all member company representatives contacting paint manufacturers so that they may effectively tie in their efforts with the industry campaign.
It is recommended that the foregoing budget be approved, using funds of about $86,000 now in hand, without any new subscriptions being required until results can be appraised after a period of time.
If approved, a technical committee of lead pigment manufacturers should be appointed immediately to dig out available data from member company files and pass upon data to be used in the campaign. Likewise, an advertising committee should be appointed to work 'with the secretary and agency in preparation of the data for presentation to the public.
11A00413
Board of Directors Meeting Minutes
Exhibit "D'
April 14, 1950
Survey of Substitution for Lead Cable Sheath Part I - Power Cable
Power cable in recent years has accounted for perhaps one-third of the total amount of lead used for cable sheathing.
In surveying the developments with respect to sheaths for power cable, the following have been interviewed:
Mr. Dave Allen, sales manager, Anaconda Wire and Cable Co. Mr. Edward P. Bunlaevy, vice president, Phelps Ebdge Copper Products Co. ir. Pettee, General Cable Co. Messrs. R. K. Spofford, purchasing agent, and Richard Hays, adver
tising manager, Okonite Co. Mr. C. T. Hatcher, assistant chief distribution engineer. Consoli
dated Edison Co. Mr. J. A. Pulsford, Public Service Companies of New Jersey, Sponsor,
Underground Group of Transmission and Distribution Committee of the Edison Electric Institute.
- For the purpose of this survey it is well to divide power cable into four separate classifications:
(1) low voltage net work cable up to and including 600 volts, (2) medium voltage cable from 6C0 up to and including 5,000 volts, (3) high voltage cable over 5,000 and up to and including 69,000
volts, and (ii) very high voltage cable 69,000 volts and higher.
In Ck*oup 1, substitution has been developing over the last 20 years or so. First rubber and more recently neoprene have been substituted for combinations of rubber and lead and impregnated paper and lead. This substi tution was the result of lower cost for the substitutes which have been found largely satisfactory for these low voltages. Some utilities are still using lead sheathed cables in this field for very special reasons, such as New Orleans, under extremely wet conditions. It is roughly estimated that this class of cable amounts to about 20$ of the total volume.
In Group 2 the same type of substitution has been proceeding, for some years but here the substitution is not yet as complete. This group accounts for a smaller volume than Group 1.
LIA00414
N 615.04
2
In Group 3 there has as yet been little or no substitution for im pregnated paper insulation and it is still recognized that a lead sheath must be used where impregnated paper is used for insulation. This is because metal provides the only absolutely impervious sheath. It is probably the most im portant field tonnagewise. It appears that there is likely to be little,- if any, substitution until some more economical and effective dielectric is found than paper, or until some metal is found which may be economically sub stituted for lead. Experiments are being made in Europe on aluminum sheath but they have not penetrated to this country as yet. Alpeth, a combination of aluminum and polyethylene has been tried with unsatisfactory results to date
because of the effect of the heat generated in the cable on the polyethylene and the tendency of the aluminum joints to open up*
The only loss of lead business in this group would be through a
reduction of the thickness of the lead sheath and thus is taking place to some
extent. Reductions of from 20 to 33$ in the lead t.'sc cnees have been tried,
the reduced lead sheath being jacketed with neoprene. There are differences
of opinion as to the advisability of this reduction. The neoprene supplies
additional corrosion resistance but some manufacturers and utilities feel
that much reduction in the cable sheath nay cause failures where the cable is
bent. Some utilities are still insisting on the full lead thickness even
though they also use a neoprene jacket for corrosion protection and protection
against scoring.
-
In Group U steel pipe, filled with oil or gas under high pressure, is rapidly substituting for lead sheathed cable because of the high oil and gas pressures involved. The trend here will probably be a continued dis placement of lead.
In summary, it appears that until better insulation than paper, or a better cable sheath than lead is developed, such substitution as will take place in power cable has already very largely taken place. In the low voltage field some utilities still use lead, particularly if the price dif ferential is not too much higher than the non-lead cable.
Since there are some differences of opinion and practice both among cable makers and users, there is a possibility that some carefully prepared technical promotion might be developed to keep the present lead sheath business and perhaps to regain some of the lost market. Since this is an engineering problem and will be decided by engineering facts, it is recommended that we continue our survey to develop, if possible, points which might be brought to the attention of users of power cable to convince them that they should use lead sheathed cable. This would require interviews with a fairly large number of utility engineers who are still convinced that they should use lead, to develop in detail their reasons. These might then in turn be used to con vince others.
LIA00 415
V
Part II - Telephone Cable
The situation with respect to telephone cable is quite clearly out lined in the papers to be presented by representatives of the 'Vestern Electric Co. at the Lead Industries Association Annual Meeting on April 13, 1950..
Briefly it appears that Alpeth sheath has displaced approximately 25% of all telephone cable lead requirements and that Alpeth production capacity is being increased to displace about another 10JS.
Lead is competitive with Alpeth at varying orices depending upon the
particular size and type of cable the price at which lead is competitive
varying from as low as
per lb. to as high as lLtf per lb,
'7estem Electric Co. frankly admits that they do not know how long Alpeth sheathed cable will last but their research leads them to believe that it will last a satisfactory length of time. Because there is a possibility of moisture working through the polyethylene jacket and the joints in the aluminum sheath, they are developing a new cable, Stalpeth, 'which has a corrugated terne coated steel sheath over the aluminum and polyethylene over the steel. The joint in the terne metal is soldered and lead sleeves and wiped solder joints are used for connections. This cable will be a little more expensive than Alpeth so probably lead will be competitive at slightly higher prices than for Alpeth. Shipping of^both Alpeth and Stalpeth is con siderably less exoensive than lead.
Unofficial opinions expressed indicate that there will be a con tinuing trend towards the Alpeth or Stalpeth sheaths but that lead will also be an important part of the business for a long time to come.
It does not seem likely that the lead industry can do anything to promote lead in telephone cable because of the extensive research facilities and the close coordination of. all units of the Bell Telephone System,
Eoard of Directors Meeting Minutes
C .0 P Y
AMERICAN MINING CONGRESS RING BUILDING
WASHINGTON 6, D. C.
Exhibit nEn April 14, 1950
March 31, 1950
Mr. Robert L. Ziegfeld, Secy. Lead Industries Association 1*20 Lexington Avenue New York, New York
Dear Bob:
As a means of furthering the campaign to get action on an improved tax climate for mining, under separate cover, we are sending you 100 of
the Mining Congress pamphlets on "Mining Taxation" and of the E&MJ reprint
on "Take Action on Taxation."
~
Additional copies can be obtained at the actual printing cost of
$13.00 per thousand for the Mining Congress pamphlet and $20.00 per thousand for the EfrP reprint (smaller quantities in proportion), plus shipping costs.
We sincerely hope that you will do everything possible to arouse interest in this important campaign and will not be deterred by the im probability that action will be taken by Ways and Means. Our hope is to get the Senate to do something when the tax bill comes over from the House.
We believe that if the mining industry will really muster its strength on this job it can get results, but obviously it is going to take that kind of energy to get a job done.
We are looking forward to your valued cooperation in arousing a grass roots movement on this subject.
Sincerely yours,
/s/ Evan
Evan Just, Editor Engineering and Mining Journal
LIA00417
N 615.05