Document b5V4mbEEpOdrEL0dp4K761Ljg

BOARD OF OPERATORS - 1091nt ItEETINC- Present: A. W. Steudel H. J. Hain F. E. Davis N. E. Van Stone V. .Mills S. B. Coolidge ' . R. Sieplein F. A. Stanton G. H. Griffiths J. S. Prescott E. C. Baldwin april 22, 19-4-0 Absent: E. E. 'Yare ?. J. McDowell Copies To: G. A. Martin it. D. Whittlesey L, \ olcott ID. H. Food C. A. Campbell 4I4 E. i.iartxn T.'. M. Stuart . D. A. Kohr V.T. A. Gorrell ?. C. Grigsby D. A. Fhittaker L. C. deflerrall F. Allen 3709 - REPORT OK FACTORY OPERATIONS: Sales for the week were 5.7>S ahead of last year and included a gain of i& in trade sales. TJith the exception of small losses in insecticides and industrial sales, all captions showed gains. Orders for heavy liquids amounted to 167,000 gallons as compared to production of 144,000 gallons and shipments of 169,000 gallons. Stocks decreased 16,000 gallons. Inasmuch as stocks are not being reduced by incoming orders as much as they should be, operations will be curtailed somewhat. 8710 - REPORT ON NUM3ER OF HOURS PLANTS HAVE OPERATED: Chicago P&V - Newark Cleveland Oakland P&V P&V P&V - - Los Angeles P&V - Dallas P&V - Chicago Lacquer * Dry Color Flushed Color - Acme Lowe Brothers Company - Lucas - :iartin-Senour Company - Chicago Tihite Lead - Lithopone - Tin Can Coffeyville Lithopone - Leaded Zinc - Cleveland Linseed Oil - Castor Oil - Operated at 40 hour week !! M 40 tl tt It It 40 It It It tl 48 ft tt t! It 40 ff Tl If M 42 tl II It tt 40 11 tl IT t! 40 11 tt II It 40 It tt IT 11 32 It n If \ If 40 tl 11 tl 11 40 M n H It 40 11 11 It It 95% capacity It It 0% it ff ft 80% rr n Tt 100% it n It 65% it IT It 75% ti II 11 50% it N 5223 8711 - PAINT AMD COLOR STYLE- GS'IDII ADVTRTISIHG; Mr. Steudel advised the Board th-t ;;<? have received 13,000 return post cards as a result of direct mi.il promotion .nd :ag^zinc insert- on the Paint and Color Style Guide. Of the inquiries that have been followed up, 37% have resulted in s..les of the Stylo Guide with qlQG.OC orders for paint. It has been necessary to place an order for an additional supply of Guides. 8712 - BID BUSINESS: ;ir. hills pointed out that a number of bids have been lost because costs have been figured on high replacement oil markets. The Board approved his suggestion th-.u the daily price slips issued by Mr. Davis should shot not only market price but also the price to be used in cost figuring if there should be any difference be tween the tr/o. On all bids for substantial, quantities, ir. Sieplein trillL consult with the pur chasing raid manufacturing departments to be sure th. t re secure the maximum amount of business at reasonable profit over actual costs. 3713 - DEHYDROL: Production of Dehydrol amounted to 157,000 pounds 1 .st reel: as compared with fac tory consumption of approximately 90,000 pounds. Llr. Coolidge reported that there are fifteen tank c..rs sold but not yet delivered. The tank car price has been reduced to lSl? = pound. 87U - CHIilA WOOD OIL SUBSTITUTES: Mr. Mills reported on the relative cost of varnish i_.de from the more important sub stitutes for China hood oil. He ras requested tc have a chart made up shoring the relative value of other vehicles compared rith Dehydrol. It was pointed out th. :_ the high cost of 7:ood Oil has .resulted in finding r. number of low-cost satisfactory substitutes. 8715 - Ng ' TYPEWRITERS: The Board discussed the relative merits of standard <_.nd noiseless typewriters. Messrs. Davis and Prescott were askecl to check further and decide what our genera.1 policy should be. 3716 - CHAIN STORE TAXES AND NET STORES: Mr. Steudel.advised the Board that re are going ..he. _d with our store expansion pro gram in spite of the possibility of legislation ag inst ciu.ir. stores. The average investment in store fixtures, improvements, and inventory for those stores es tablished since the first of September is about M?,000.00. Factory sales branches are being planned in Boston, dhiladolphia, Buff_lo, Chicago, nd probably Oakland, Portland, ...nd So. .talc. 8717 - PATENTS--RESINOUS PRODUCTS: Dr. Van Stone w_s requested to study ner p .tents gr .ntod to Resinous Products . nd report. 3718 - PATENT APPLICATION hOF-X; In viev. of the id.ct that re spent 10,000 iwSt year on patent :pplic. tinn work. 0007-SWP-000022058 -3 - it was decided we should hove someone in our empLoy who c..n h_ndle . large port of this work. 8719 - TRaI'SFER TRICES: Mr. Sieplein reported that new transfer prices have been issued on insecticides and ctidry colors. 3720 - FLUSHED COLORS: It w.-s pointed out that profits on sales of flushed colors are somewhat lower th..h profits on dry colors, Mr. Sieplein was asked to check carefully to see whether prices should be revised. 3721 - PLANT REQUISITIONS APPROVED TO MARCH 31st: .ir, Stanton rep6rt'dd"..s follows: 7764,443 Or Plus Cany over $969,993 L.Y. 333,388 " " " " 414,237 8722 - INVENTORIES AT MARCH 31st: .ir. Stanton reported the Inventories for The Sher in-Ttiili.-jns Company, excluding Retail Stores, as: 3-7 Retail Stores Martin-Senour Acne The Lowe Bros. Co. Lucas Lav/re nee 3-31-40 $13,312,713 $ 3,070,121 772,117 3,724,292 1,568,229 1,238,430 212,162 3-31-39. 311,415,415 2,464,492 766,917 3,271,065 1,487,014 1,170,237 194,234 $9,520,595 31,999,636 563,313 2,623,239 1,142,039 945,70c 143,404 A report from Mr. Campbell explained that the large pari o. the incre'.se in Acne inventories is in raw materials which he expects to be used up quickly as operations are speeded up about May 1st. 8723 - PUBLIC BID: Since September 1, 1939, 1466 invitations to bid have been received. A total of 1239 -'-mounting to $3,115,791 have been placed ..nd of this total we have received awards on 146 amounting to $383,467.00. 0007-SWP-000022059 4 8706 - FACTORY OPERATIONS, tree'/. ending April 1C, 1940. HEAVY LIQUIDS - S-W PLANTS Total orders received - 167,101 Total production a 144,195 Total factory stocks - 1,138,961 Inventory Dec. - 16,000 CHICAGO - Orders reed. 81,332 Production 59,678 Stocks 593,976 gals. NETARX - Orders reed. 30,551 Production 36,262 Stocks 247,082 gals.. CLEVELAND - Orders reed. 35,942 Production 33,426 Stocks 212,024 gals. OAKLAND - Orders reed. 19,276 Production 14,829 Stocks 85,879 gals, TOTAL PLANT OUTPUT CHICAGO ?&V NEWARK P&V CLEVELAND P&V OAKLAND P&V LOS ANGELES P&V DALLAS P&V CHICAGO LACQUER DRY COLOR FLUSHED COLOR CHEM. PRODUCTS BOUND BROOK INSECTICIDE Continuous operation. - 116,126 gals. - 56,513 fl - 56,467 f! - 26,845 tt - 13,766 tt - 10,570 ti _ 53,254 ti - 159,390 lbs. 67,913 It Arsenic Acid 3oro Dry Lime Sulfur Lead Arsenate Paris Green Operated at 93% t* " 75% t? " 83% tt " 201% it " 63% Tt in to 72 tons 58 " 84 " 112 " 12 " tt 100% tt n 91% M " 88% Tt " 94% Basi-Cop Red River Mix 8 tons 7" OAKLAND INSECTICIDE 5 days - 3 eight hour shifts. LOTTE BROS. CO. LUCf.S MARTIN-SENOUR COMPANY - Produced 42,287 gc-ls. Paint Dept, operated at 14%, Enamel 4 L_cquer -it 21%, and Varnish & Thinner at 12%. -Manufactured 49,885 gals, with Paint Depts. operat ing at 95%, Enamel Dept, at 95%, and Varnish DeDt. at 29%. - Manufactured 59,488 gals. Operated at 85%. - iianufcctured 16,022 gals. Paint Dept, operated at 64%. 0007-SWP-' 4-22-40. #8707 - PLANT REQUISITIONS APPROVED; / ' /' RETAIL STORES; #1323 - Salem. :iass. 2 - 2f gal. fire extinguishers '.'l 8.50 each *`H20 - Tulsa Adding machine, less trade-in #1421 - Soartanbure Water cooler #1422 - Elmira 2 wallpaper book stands SOUTHWESTERN DIST. #3o9 - Kansas Citv ..hse. Furniture Tor girls' rest room KESTERN DIST. *5796 - Chicago Electric typewrite* CHICAGO FACTORY #250 Sprinkler lines and heads - iuchsine - C.P. #251 Sprinkler lines ;:nd heads - Fuchsine - C.P. #*94 Oak desk and swivel, chair - Resin Research #295 Vaporizing fire extinguisher - Safety #296 Howe platform sc-le - Ink - C.P. *297 Reduction gear between motor end sulfonator - C.P. #299 New office equipment - Purchasing *302 Brick pier in Bg. 18-1 - P&V *312 2 discharge turrets for i, 303 tester - Tin Can CLEVELAND ADMIN.OFFICES: *1439 16 drawer 5"x8" filing cabinet (second hand) Isham #1496 Typewriter, desk ana chair - Statistical #1498 Typewriter, desk ana chair - Stockkeoning CLEVELAND LINSEED uIL MILL: *750 Centrifuge cover 17.00 57.50 108.00 2-4.22 89.32 231.75 110.02 117.74 9.50 20.00 53.00 433.00 190.00 272.00 438.50 20.00 153-56 151.06 350.00 0007 6- - NEWARK FACTORY jr628 Water line to Lunch noon '.rid Tech Service *630 6 lockers for Tech Service- $636 4 shades for Export ^ept. TOTAL PLaNT REQUISITIONS APPROVES--------- ----------- ------------------- -- HZ1QZ - LARGE EXPENSE REQUISITIONS APPROVED: ivETAIL STORES; t t 1423 - Lancaster Relocating wallpaper department CHICAGO FACTORS 2>2 tiashjng v.indor?s in Varnish Dept. MfcV iV266 Cleaning White Lead severs - Vi.L. #283 Repair hearings end shaft on ink'mill - C.P. ;f289 Replace aluminum nitrator - Teluidine C.P. v 30a Reline 1 stack - 'White Leva CLEVELAND LINSEED OIL :'.1ILL i?751 Replace Inconel condenser head COFFEYVILLB ?623 Replace gutter on Barium Sulphiae Bldg. . TOTAL LARGE EXPENSE REQUISITIONS APPROVED ---------------------------- - Total Plant Requisitions approved to date C" 646,680.16 Total Expense " " " . " v 143,322.41 ACME - Detroit #E 961 1 Infra Red Unit BE 239 Adding machine- for Top-ka branch JOHN LUCAS - Gibbsboro v'fl Painting 11 outside- storage tanks maRTIN-SENOUD - Chicago 1/308 10 column comptomc-tcr ,7 310 1 Comptometer 1 Royal typewriter 340.00 _51i56 216.60 51.90 7.00 3,123.67 40.00 160.00 192.00 129.70 59.85 3a2.00 480.00 100.uo 1,503.55 278.00 58.75. 800.00 395.00 433.56 1 OOO7-SWP-OO0S22082