Document YrzYnbKxV8jLaagVGKVMQJJzE

LIA20524 t 0 The annual t;n, of tl\e ieobeis of the Lead Industries Associut '.on un held at the Fer.neylvar.ia hotel, at* Tors City, on aedr.erday, February Zl, 1.-21, at 12: oC F Fresent: A..u oda Lead Co. American 'detal Co. Ltd. j. .7. Allen 3. . Clo. ..er Aric,r. j *J i t **~*l * An-.::.".to L".. ; Frcouctf. Co. u. 1 r-F lo'-.er Lead Co. C^* z. A . =t!`.r p c. a. V ?. 0 oP v ' 11 -. : r. Lead Co. I'.etalo ''.o.r.. Co. i' f t' n rar pert r 3; r-^ue f.t, .r.ol Leal Co. O^ v >, . O C j.. . . L'><-u~ . W . 3 , j. Cor.ufii* JT t i . v# rt Carter ":cc :r .an F- - i. C-.r-.ell Q La .tel A 'tali Lie. tin, Co. c. j. A McCarthy .. . -t r "opest. :.r s C ' . z. Carrier 7 r> 3* art or. 3ec n't -ry r, 7 tv- r r ,, j r-x- "or. Vai.ofacf. r ir.. Coro 2uv;or Li1 L a-4. Soil!ton ' n:r.t, -.vi C .n.-'c-.tv-t ir.. Co. Cer-0 ie FaS :: 'o;;r Corp. "var.r. Lo f . i Co. jrc-8. Co. HI. F Fuller c. Co. Gtr.e .-al Lr-ad V.ar.ufarturln: Co. T:.e 01 Idle;'. Co. HOC la L i ; Lr. tj Co. Lv* t.". -.ul! Con , Co: t ..scut Lr'.l Co. " C . ' * i -- A 1* *b `-0 . r : c \-.` * * v !. 'z ncrks o.. r ii.- .*: 11 .! Co. I'n'.ot-i j'.alte .l..f 1 :el'lr. in* t. _ ; * * * ' c r , w w r x v:. :\ e* (B r A . T ^ : *? Stanly A. r v- o* Y . r\ or.a 3 ti. il 1." e K. r Guido Adx la: J jj ce Ja.. ei> F. lo'Cart ay Lt * in Fran'-: V.. S...1U'. S . Y . dollar B. . ' > c 11 .11 v*r X v ?. .Lt 1 A A i...cli an t j S LIA20525 --f.* president Clinton H. Crane occupied the chair. The rr.lruiee of the previous annual meeting were ay froved. Tne Report of the President was &e follows: ns ,~.r ur t h s ?~.z3ics:;T The wi*do_ of huv.r.p an association ready at short notice to tackle proller.s of Coir.or. interest to M fT e lend In urn: ri-s was illustrate' repeatedly dur.r.t; 21. Tne L-oi i industries Assoc 1. '.c-j, ae is show-, ty the Report of '.he Ic.-r.ar;, funct io.<*d ir. tariff .at t ero a- *. .f .. r . emser.t contacts E.r.cothly and eff.cier.tly , ?uv.r <, .. lar^-e autur.t of individual ef fort on ... f -ewers ir. hur.dl ir.t; these important quest icr.a. l.t.TvV.r, ir. t:.e all too frequent out curst* of adverser : uci .c it., receive: L.. t:.c lo-d Industrie*, our a s f o c iat lor. ..as able to rake prompt investigation and t o have tie v teis heard. Venters have not ..eei- tatej t. urC tne Association whenever rroole.. present ed itself of ...ore tour. ir. tiv i iu..l interest. It is to be ..or ed that over a period of years t..e r.n t(,e t..at ar. as u o c . at i . r. exists t: will help Lretly ir. deertusir.,. frerucr.t 0 Warranted afacks in at arc ::.a :e or. .or Industrie*, ar.i r..icn lnyure tnc :..a"ket for v-rious lea., pro iuct*. ..ion's affairs were 'csn-.-oically iurlr.._ t..e y ar ar.i it continues i: .. healthy 1 position w .'e Its e:here of influence has duullj exter. ed. The Secretary's report was reus and approved sc follow*: M2?C'7 The SiCRhlARY Cur in, t ..e tecyear of It h existence tne Lead Inlust rr> A, loti r. devoted its energies prin- r i: ly to 1 ft' 'i.wir.p activities; (1) 31 ice ?'_'. 1c .t 1 .: V' ..n annual review f ...e r.ta- iV."**' , .*.r<-j ; e :. a i Industrie* rtt- c _e, un in 1 ic'.. ere were provided i i I i f j i *I LI A 20526 with loose leaf binders for j~rr't ervirit; all tr.e Association's statistical data. In tr.e last half of the year, collection and distribution of statistics s-cwing the secondary lead, anti.. ir.ial ar.i soft, r reduced fro., oil storage batterlee aaa started, ar well ar. stocks ar.' receipts of old batteries, bur Association, so far as 1 know, Is the first to begin the publication of current business statistics In the sec ir.du.ry _etai field. tie hope to expand the scope of the secondary metal report as rapidly an possible. (D) tariff - All our members are doubtless aware of the singular good fortune which attended our efforts to a caunge In ::e drawback law permitting easier export of lead products fro_ t:.e "r.lteo 3tures b.. uanu- fact-rers. tot only were we cc=4 Ictely successful in t.nls effort, cut *.c also succeeded cudrequestly in tavi.nL the re, ulut ions of tr.e Treasury Deportment, which are bused upon the new law, .-.o-lfied to <3 lor greater flexibility in the use of t..e draw tuck . for example, It 16 r.ow possible for a. fabricator of lead pro r.:ct: to export from any branch retardless cf its d^o.cctlc , eo? rap hie locution ata.r.st an importation of lead at ar.y ;t;.er crane:.. le are still en deavoring to procure a change :r. t;.e Treasury Department a recent and lup yrtar.t regulat lor rheret-y the drawback period extends fro: tc- dote cf 1 -.perta: 1 on of the for i.n lead Into t. ' ,-r. lied Slu'es r.'.rr-r than (ar ..er-t of ore, frox the 11 ;.e cf r. It.-.r,.^ , i fr... v. u r r .. o -. c , o r viatic n .1 c u 1 n 1 sh a ng tr.e Varied dor in,. wrier. * he drawback *-y le used. I'p to tr.e passage of the Hawley 3.00ct Tariff bill cr. June 17, 1--30, 'uc:. time was e iven to uardir.g our interred in this legislation. Although r.. chang-* rale in an; lead rate, tr.e Senate, at one time, urtexp ectedly reduced t..e tariff on lead plL..er.th, hut, by pror.pt action, the heuu Induct ries '`rsociation was able to make 1 . r tor. ? known 10 the Donate ar.i succeeded In obtainlr., a r'< t oral icn of t ,.e old rate, (3) Other Government Cent aet^ - D. rim 1331 the Federal Trade Coxr.issib.-~ lYrued'a'cc.: laint'again:, t the use of t..e name Leaditc for a product cental:..r.g r.o lead, but the company ...a:.ufuclr.ririh tb 16 : reluct has elected tc stand trial and it will te sore tlm'- before t:.e Case le settled. il'e hove urged the Feierul Government to c.v,:.te its specifications for pig lead, Federal Standard speci fication To. 117, Grade a , s c t..at It will conform to general trade practice. He have also succeeded in getting tue Treasury Department to tlve cone:deration t .> the u/ 0 of lead cc.ered ok> lights In got orns.rnt contracts ar.i arc taking steps to see ti.at lead is .-lot discriminated against in ..avenue -,t work. ! f 1 ! ( 1f i f 1 I \V LIA20527 \i) tlucal.on am ,ru:lU'lt'j efforts - The lesd Industries c f . t ia: i or' t .to publication, In November, of a bulletin e.'.t i * led "lead* t i .* elx tis.ee a year. Tar t-uli*-t i(circutat lor. le,G'-->.) in designed to be distributed -nmor.,- arcnitects, sheet setai workerc, pinners, -vaster painters, decorators and ot.vsra to pro vide the.-: with information regard in,: r.w ur.d old usee of lead. Tr.e bullotin has, received a happy reception and numerous of itr items have seen reprinted in technical ar.t ether migasinec. It has already helped the sale of co-e lead produc to. Tae teui Industries Asroclat tor. 1 a'3 sap plying mar.y acir.es with artbteAes of cpecial editorial interest. C^y ^ Althea.;!, the puplication of the book, ^Creful Information About lead" has Veer, delay *d, the manuscript -r.d value ,f the ro;k har beer. yre&tl; '..-.proved. It la expected tv appear so:..e time thio Spring. (5) "'`rearer. - Durir..- ti.e year *e entered a co operative and competitive re fearer, of protective pipe coa* in,e -trclru- linen hurled ti.e -.11 in operation with t..e Bureau of Standards and t:. e A..- -* lean Ietr,leu Institute, cut t he result of t1 p : ... estita- tic. will be availa:le for several :earc. vur -'r.try *uc r<-d leai cake! up an pi ; - prior t. t **' Lt r li.ati'.r. of the tecor.iury or f:r.itc.ir..; coat. ?.. 1 s lett ; r fimilur ir. any reEp. ects to that t e,u.n in loh_- c#. veer lean Gar. ntt-oc iat lor., r..icr. we also helped ; c -; : -- a :.Q art- air,, exper: -r.er.t ir.0 w ; tt..e use of lead in cl i--.lnat .r.t crocking of ice calces ir. t:.,. refrigera tion indue try. <e) a i rale.nt'4' - Jfe have c ntlna'i to sup port t:.e ::.rl ical r'-rearc:, at Karvar ! versit y ur. it: Or. Aub, t: rou, t: e . er.oros it;, of sor. e of our ..emoers w..o are partdcvl arly ir.t'-rr'.ei - t r It .t ortant work . (?) Adverse rul_1 icitv - Throughout tie year oc casional outrunctr pu.TTcity detrimental to lead, prut t ical *.y all c f it unwarranted, arreared. Ir. e&cn cat'- wale., the Asetci-nt ior. dlrcoverou, a thorough in vest l^at ion was .v.aie, r :ti. a v i<' to taklnp, whatever .ct lor. r.i,;:.t he troj'-r unde r *t t roumftunces. Through pro-r.-t invect lt-atior. of cue.*, instance, it ir. hoped that re shall tilt i-.aty e acl t o stop roc' of t. nee-. ln,.ly ceaseless prop Uganda at;>,rln( .n t..e ; rear inimical to ti.e --,,d lr.teref t,t an i 1 ;.a- . e .,ali . 1 able in uoce 3iCeure to j loteot ti.e I nave of lead. Heap ect fully juba.it ted, O^ t" ^ 1 ( S-- tary i*fc '. HHP ~WMIi*uh' -- '" Lu 20^28 W*' V 0 The report on the audit of the account* of the Association as of December 31, 1930, by Haskins and Sells, sas read oy the Treasurer and accepted, as fol lows : LIA20529 9 On & j 4 HASKINS 6t SELLS CCtTinCO ^UtuC ACCOUNTANT! O'ncri mv t *c CiTif* or *( UN'T--C-O-- *HS * --O--' Am|*>Ca ..HDv*i V. * Am***..*. mmh U u>i -- %> ft Cr vo y% KA*T *9 w TWCCT NKW YORK January 17, 1931. , Lead Industries Association, * 20 Lexington Avenue, Hew York. Dear Sirs: We have audited your accounts for the year ended December 31, 1930, and submit the following exhibits: Exhibit A - Balance Sheet, December 31, 1930 and 1929* B - Statement of Cash Receipts and Disbursemonte for the Years Ended December 31, 1930 and 1929. The cash on deposit was verified by certification obtained frv the depositary, The Chase National Bank of the City of New York, and th; on hand was counted. Additions to furniture and fixtures during the year amounted to 0185.90, representing the purchase of three filing cabinets. Assessments for the calendar year 1930 unpaid at December 31, 1930, amounted to 0650.50 and are considered to be collectible. { f Wo verified the computations upon which the assessments against members were based for the year 1930. llo effect has been given in the books of account or in the accompanying Exhibit A to accrued salaries at Do comber 31, 1929, and other accrued expenses at Do camber 31, 1930 and 1929. ^ LIA20530 < *2 IERS3Y CUtlUY that, subject to the forecoing cements. In our opinion Dxhibit A sets forth the financial condition of the Association at December 31, 1930 and 1929, and. sxhibit B sets forth the cash receipts and disbursements of the Association for the years ended. December 31, 1930 sad 1929. LIA20531 t F EAi/jrcs s h z h t . rssgjga 31. 1930 a n d 1929 ..XEChNEEH 31,.......... 1930__________ 1929 ! CASH................................................................................................................ RRHITISS A.'3 FIXTIR1E (at cost).............................................. DIE IrtOE 1E123HS,.......... ................................................................... .. $16,533.63 $12,303.02. 2,018.33 1,832.43' 650.50538.50 TOTAL, ................................... $19,202.46 $14.673.95 CSI3RAL AIT) UNDHRWRITHE FUNDS,................................. 1EDICAL KISMARCH FUND,...................................................... TOTAL, $17,377.46 $11,131.95 1.825.00 3,542.00 $19.202.46 $14,673.95 * l *r* 4 *l* ( t t 1 NOTE: No effect has been Given in the books of account or in this balance sheet to accrued salaries at December 31, 1929, arxl other accrued ex penses at December 31, 1930 and 1929. LIa20532 sTAmrrr o? c a s h r e c e ip t s a ::d sissiRTCicns f o r rcARS imil d h .c e c t e r 31. 133o a iid 1929 rs.U >A3Q EKC-C-IldR 31, _______________________________________________________ 1930__________ 1929 BAIAUCE AT ESGECXG OF 7H3 PERIOD,........................... .. 012.303.02 $ 3.846.70 RECEIPTS: Fron scribers: Assessments for calendar year 1929.................... Assessments for calendar year 1930,............. Subscriptions to Medical Research Fund.......... Loans on notes payable............................ . Interest on bank balances,................. .. 0 539.50 37,447.12 1,783.00 258.66 $29,346.50 5,042.00 6,000.00 146.08 Total receipts, $40,027.28 $40,534,58 Total,.... $52,330.30 $44,381.23 DisamssnsiTSt Expenses: Salaries,............................. .. Kent, light, and vater,.................................... Printing,.................................... ............................... Traveling expenses,.................... ............... .. Telephone and telegraph,............... Boohs and subscriptions,. Stationery, office supplies, and postage Entertaining, luncheons, etc................ R*eniun on treasurer's bond,............ Expenses of annual meeting................ .. Association dues.................. Technical research,..................... Professional services Interest on notes payable.................... Miscellaneous......... ................................................ Total,...................................... Other: Totes paid,.......................................... .. Hurr-rd College, for rredical research,.. Furniture and fixtures.................. Refunds of dues: Consolidated Mining a:rl orbiting Co.,. Utah Copper ,v.-:;;--ny,............................... .. lot.l,............. $21,313.33 $12,041.67 2,437.53 2,394.19 4,527.81- 1,505.42 1,200.55 1,313.69 513.61 373.74 233.36 235.52 398.78- - -211.72 253.66* -120.20 30.00- - 30.00 47.80- - 60.75 52.00- 102.50 825.00 400.00 148.54_ 227.92 123.30 _ - 227.51 $32,110.77 $19.246.83 $ 3,500.00 185.90 $ 9,000.00 1,500.00 1,326.43 $ 3,635.90 1,000.00 5.00 C12.831.43 Tt-t'.l disbursements LIA 20533 LEAD EDCS7RIL3 A33CCIATICN ST.:rz.~'^ c? c a h h r h c h u t s xj d ih r it .:t c l n t s . b t c .u YSAR i2nivD IfcASLHHR ___________________________________________ _________ TOTAL - (Janrnrd),............................................................................... TOTAL LLHU3H --Lins ~ (Fuivsrl BALL';C3 AT ElZJ CT TH2 THAR: On deposit (1930 - The Chase National Eank of the City of Ne York, 1929 - Dio Equitable Trust Company of Hew Tork),.............................................. tta hand,..................................................................................... $52,330.30 $44,331.^ 35.796.67 32.07?s: $16,503.63 $12,276.C 25.00________ 25.0 TOTAL, $16,533.63__ $12,303.0 r-- -a B BtBC4 ^B= b * a . ru2053A Jr' * T..e Caulr ..an nat* ; that it ut In order t. elect directors for t.~ current year. It Has .-roved and seconded that the Secretary c.aet one ballot fur the outgoing coard of directors, who, belnc eligible, offer themselves for re-election, exes,t that 3. S. Zlater ehall reduce Julius Loeb, retired, as repre sentative of the American betal Corn any on toe hoard. notion carried. ?..e Secretary outlined the difficulty tr. obtain ing figures covering lead pipe and sheet fro- one oeater and suggested that by cou.lning tr.e sheet and pipe figures it uight te porsiile to obtain tr.e desired statlctlcc. It was ..ovei ar.I sc niei that l^ai sheet ar.l p 1} s figures te coz.tl.vd until f.rt.vr action. hjt. ", c.rr.'.'d. It r.j.. .It . . an; . -.cuudei t ..at *... A-tocia- tlon's r-' of "Ixe; h ale an 1 31u~ tv at I r_ due la should te : 1 e a c : i on a - or.t.ly lu.te.i of *ce` ly oasis ir. o-i^r to faclllt&t'* .atr,-ring the figures. hot ion carried. 1* . ac further reco--i.nr. '.M t,-t 1 ht *> vCiatUn oh o', attev.pt to gainer figures covering t:.e intal.e o .1 producticn of secondary leud from, ail sources. T..e Secretary outlined erne pro lev# in conr.ec- t In t r, it.. tr." * rot r use o-' Ir* l s-.rvtce pipe in -.unlcl- palltles. *..'.ch r-'f..;'. ri* col1, motive u.tvntiv:. t..e 0 1. a : : 1 ' . ' ad ir. !'. tr.es At-- v-eiati.r ut a !.it:.-, ; ,: t. ' art, as 11 related to tile size .1. h. m-j t:.a; i.VJfcT LIA20535 * an additional report oul i i nsde later to the cesberj. The drastic inroads in ti.e lead foil business txade u> competitive o;p> ..ic -atvrlals *as also mentioned by toe Secretary and one renter au^f-eeted that research s.ieht he conducted in art effort tc conjure the merits of variouc types of wrappings or. to.ucco and related pro ducts uuuer practical conditions. The Precider.t recots- ner.ded that all possible lr.fornut ion he obtained. Toe situation with re.spect to suite lead as discussed, and t.nc opinion ae expressed by several Beo-terc tout t_c efforts at publicity for led products already nude by the -ceociation nere u step in the rlb..t direction and that it as hoped :..c association's put 1 ic i ty souid tro. Toe nc'-tinj odjov-' " r. u Free!lent. Secretary.