Document a48Rxo6RY3Yv7JLgyLpd69BZN

METALS mSKKVK COMPANY AAiiWNOTON, D. C. January 26, 1943 MnttWtWM TO W. LIYIHSOWi Tha BEE haa forwarded to ua tha attaehad original copies of contracta for tha purchaaa of aabaatoa from Ignep, Ltd., Capa Aabaatoa Company, Ltd., and Turner It Neaall^-Ltd. These copies may ba ratainod for our files. SOS tag S. 0. Strauss SZL. f*. ^t=TT n Secretary of Sti te , YA.shln:: ton. PLAIN London Dated January Jl, 1^43 Rcc'd 10;41< p.m. L1V Ji; Of JAf l:' CUMMEKCi/U. Ai 260/ 11th. FOR PAU/| BOA: F OK ECONOMIC WARKAKt A?T> 'ETALS reserve vnm .Ass:-;? ;. Fol^Dwln" r.rc texts three U3beatc3 contracts. 1. Raw A3bt3tos D1 atributors; "Quantity; The followinc minimum tonnages, steted In short tons of 2,000 pounds avoirdupois each, dry basis, plus or minus five r-cr cent fit aellrr's option; OruJe 1 1,861 short dry tons, Grade 2 6,`109 short dry tens. Grade 3 18,746 short dry tons, Grr.de 4 6,401 short dry tons. The ounr.tiMrs set forth above r.re br.sed upon the estimate that the seller will deliver the followin'* tonnnpes to ill destinations in 1943; Grade 1 2,869 short dry tons, Orcde 2 10,868 short dry tons. Grade 3 54,(49 short dry tons, Grade 4 15,020 s;nrt ury tons. In the event seller delivers quantities in excess of the 4i-'6u, January il, from London of the .-.fore me rationed total tonnn,;cs, ht further ir.rcca tc offer to the buyer, t.t buyers option, t.t prices stated in this contruct, the fcllowin . per centages of quantities delivered in cxccsst Oracle 1 i>0 per cent. Grade 2 37 per cent, Orade 3 38 per cent. Seller further agrees the t all quantities delivered pursuant to this contract shall be of the grade com monly known na C 1 G produced at the Shabnni Mine3. Sc'ler may, however, deliver HVL 3 in place of C i. 0 3, where sheppuu: spree is available but there ere no supplies of C 0 3 >-r:.de at the ports where shipping is then available. Notwithstanding the availability of shipping space, in no event shell seller ship tonnages of HVL 3 in excess of 3,CCO short dry tons. In no event, except by further written agrernent of buyer, shall seller deliver any quantities of grades HVL 2, HVL 3XV, VRA 2, VRA 3, c.' V..A . In the event ony determination of the Combined Raw Materials Board reduces or increases the quantity of material specified above to be delivered to the United States, the obligations of the seller to deliver the contract quantities ohi 11 be corrcspondlngly reduced or increased. 3~ ^CiiO, January 11, from London or increase'* In the event rr.y dttermination cf the t Comb ned flaw Materials Loard ullecr.tta qu':.tilica of materials to dcstinctlons other than the United States, which allocations, In effect, reduae tht quantities that mc.y be available to the United State a end the United Kingdom, the obllgationa of the seller to deliver the contract quantities shall be reduced by the following percentages of the amount of the allocated quantity: Grade 1 50 per cent, Grade 2 37 per cent, Grade 3 3u per cent, Grade 4 29 per cent. Seller and buyer further agree that the obliga tions of the seller to deliver the contract quantities will be altered, upwards or downwards, at any time to reflect adjustments mede in the apportionment of chrysotilc asbestos between the United States and the United Kingdom by the United States Government and His Majesty's Government Qijp?ity; The C St 0 material shall be of quality hitherto acceptable for the specified grades by principal users in the United States* Seller shall furnish buyer with a set of stamped samples of caoh grade, which will be approved as to quality by princi pal users satisfactory to seller,^ and 1" the event of any 4- yJ>2G0, Jt.nuur;' 11, frcn London M' any dispute or other difference cenci rnine- the ;u..lity of cfy shipment or pert thereof, such scaled :. znplcs shell constitute the recognised standard of pcfcrmnncc It is understood that 25 per cent of the pr^d .: v.i on of Shnbani Hines is produced by panicss grading end conditioning milling methods. The seller represents that the quality rnd usability of such material is in no way impaired by the use of such methods. HVL grades shell be standard grades pro duced at mine as shipped to the United Kingdom. Price; Payment shall be made at the following British sterling prices per short dry ton f.o.b. oceangoing steamer, destined for the United States, at African shipping ports; C & 0 1 seventy pounds five shillings f.o.b. Be ire., C & 0 2 forty-nine pounds f.o.b. Be ire, C r. 0 3 twenty-eight pounds fifteen shillings f.o.b. Belro, HVL 3 twenty-cight pounds fifteen shillings f.o.b. Lourcnco Marques, C i: 0 4 eighteen pounds twelve shillings slxpcnoc f.o.b. Bclra * In the event buyer requests seller to deliver uny such materiel f.o.b. ports other than the aforementioned specified ports of shipment, buyer agrees to reimburse seller for the excess of actual transportation charges over -b- #260, Jrnunrj il, f'rcir. London over transportation chrrnea prt vi.ill'.jt rt t'ic time to the nforcmcntlonc C opt cl fled perto of shipment. Tht prices strted in this contract will be used for oil deliveries mode in 1943 to the order cf the Hetuls Reserve Company, but Baw Asbestos Distribu tors Limited in no wry binds itself to continuation of these prices for the ytnr 1944". Shipment, delivery, title, taxes and charge si See our cable number 6874, December 4th. "Payment! Prompt net cosh in British sterling in London on presentation of shipping documents to buyer. Bankers' and bill stump charges, if :ny, to be for buyer's recount". ________ - Special conditions! Usual stnndurd prevision. . Law govcrnln"! See our 6874 December 4th. 2. Cape Asbestos Company Limited! "Q^iantity: The following minimum tonnages, 3i> sed in Diiui't tons of 2,000 pounds avoirdupois each dry basis) Blue MS 2,COO short dry tons. Glue S 400 short dry tons. The quantities set forth above ire based upon the assumption that the seller will deliver to all destinations in 1943 quantities not in excess of the following -6- . nunry 11, from Joruicn following tci.iii gca: Blur MS i nd 3 h,. 50 ah rt dry tons In th event seller dtllvers to : 11 destinations quantities In excess cf the afore me nt lent d 5,250 short dry tons of Blue MS and 3, he further agrees to offer to the buyer, at buyer*s option, at price 3 specified in this contract, quantities not less than 55 pe r cent of quantities delivered in excess. In the event any uttermination of the Combined Raw Materials Board reduces or increases the quantity of materiel specified above to be delivered to the United States, the obligations of the seller to deliver the contract quantities shall be correspondingly re duced or increistu. Seller and buyer further agree that the obligations of the seller to deliver the contract quantities will be altered, upwards or downwards, at any time to reflect adjustments muai in the apportionment cf Blue asbestos oe tween tiie united States and the United Kingdom by the United States Government and His Majesty's Govern ment. Quality! The quality of each shipment shall be certified to buyer, by principal United States users satisfactory #260, Jnnuory 11, from London * 1 aft ctorjrto sellEr, to be acceptable l or Un ilc a apt cif ied . Price; Pr.yme.it shall be wr.de ut the fcllcwxrv i .-,h itrrllnr prices per short dry ton, gross for net. ,b. oceangoing stetmer, destined for the United Stale i) l South African shipping ports or Lourence Marques;' Blue MS twenty-nine pounds ten shillings, Blue S thirty-eight pounds nine shillings twopence. u/' In the event buyer requests seller to deliver any such material f.o.b. ports other than the afore mentioned specified ports of shipment, buyer agrees to reimburse seller for the excess of actual transportation charges over transportation charges prevailing at the time to the aforementioned specified ports of shipment. `l'he above prices shall remain unaltered to April 30, 1943. Rising costs of production, however, may necessitate a revision of the selling prices after ah.* =>r'i'-r reserves to itself the rlTht to incrc! 3t by r. maximum of five per cent at its discre tion. Seller she ll furnish buyer, c.n or about the effective date of such .Increase, If any, with data supporting the rise in costs oi production, but ou obligation to furnish data shall not be condition modifying seller's aforementioned right to increase price s J- nui.ry 11, from Loudon .-''ices by a maximum of five per cent". Shipment! See our number 6874, December '5th. Be.lance contract identlcrl Row Asbestos Distributors . 3* (jnc p Ll.nlted: "Quantityj The following minimum tonnages, stitir.1 In abort tona of 2,000 pound a r.voirdupola each, dry bnslai Amoaltc Grade B 1 1,200 ahort dry tona, nmoaltc 0rr.de B 3 OJ D 3 6,000 ahort dry tona, r.mosite Qrede z/DH 1 3,600 ahort dry tona, amoaltc Orr.de M 1 10,020 ahort dry tona. In the event r.ny deten.ilnr.tlon of the Combined Raw Materials Boerd increases or reduces the quontlty of matcrinl specified above to be delivered to the United State a, the obligations of the seller to deliver the contract quantities shall be correspondingly in creased or reduced. Seller r.nd buyer further agree that the obligations of the seller to deliver the contract quantities will be altered, upwards,or downwards, at any time to reflect adjustments made In the apportionment of amoaltc asbes tos between the United States and the United Kingdom by the Uhl ted States Government and His Majesty's Gov ernment. Seller may, at his option, deliver an additional 2,000 short i j -9- #260, Jmu:ry 11, from London 2,000 ahcr^ dry tons of Grade B 3 or D 3 and/or -n ro'liticnr.l 1,400 short dry tens of Or: dt i/DM 1, or rin; portion thereof, and corre 3pondinr;ly reduce the qurntity of Ml to be delivered under this contract. Quality: The qur.lity of eoch shipment sh 11 be certified to buyer, by principal United Str.tes users satisfactory to seller, to be acceptable for the grades specified. Price: Payment shell be nr.de at the fei lowing British sterling prices per sliert dr: ton, gross for net, f*o.b, oceangoing sterner, destined for the United States at South African shipping ports or Lourenco Marques: Amositc B 1 thirty pounds, umosite B 3 or D 3 twenty-four pounds, rmoslte 3/DM 1 twenty-threz pounds, omosite M 1 twenty-one pounds sixteen shillings fourpence . In the event buyer requests seller to deliver any n'.^rri"? f.j.i* ports other than the uf ore mentioned specified ports of shipment, buyer cgrccs to reir.bursc seller for the excess oi actual transportation charges over transportr tlon charges prevailing, at the time to the aforementioned specified ports of shipment". 10- #200, January 11, from London Balance contract identical Cape Asbestos Camp? ny except payment clause which rendss "J'rompt net cash In British sterling in Capetown on presentation of shipping documents to buyer. Bankers' and bill st! mp charges, if any, to be for buyer's recount". MATTHEWS MRM