Document dY9qBjd8XOYBvjEaQ7ZoKjeeG

* o : 1 ' LIA 22 717 >- -- LEAD INDUSTRIES ASSOCIATION 4*0 LEXINGTON AVCNUK NCW TORK 17. N. V. March 27, 19S3 To Members of the Lead Industries Association! SU3J5CT? REPORT OF SECRETART ASP TREASURER Enclosed please find Report of the secretary and treasurer for the year 1952, to be presented at the Annual Meeting to be held on Friday, April 10, 1953, at The Greenbrier, White Sulphur Springs, West Ve. Very truly youra. Secret* ry. 9 LIA22718 o * 0 Annual Meeting! April 9-10, 19$3 REPORT <T THE SECRETART > Summarising tha Activities of the Lead Industries Association Tor the Tear 1952 The year 1952 *111 be reviewed tgr members of the Lead Industries Asso ciation with nixed emotions. The major drop in tha price of lead is a matter of great concern to many members. Jet, while not a record year, the market for the products of tho lead industry was relatively good and the problem of obtaining enough lead disappeared. Nevertheless, technological development and better supplies cf materials hitherto scarce Increased competition with the products of our industry. Aluminum and plastics In cable sheathe, lithium compounds in ceramics, roller bearings, new methods of printing are only a few of the newer competitors with whlcn the industry must contend along with all the old competitors with which every siember 1* familiar. The Association was active in protecting and developing markets for the industry in several lines and in trying to find ways of doing this in others, t'ith a supply-demand balance that makes for a buyers market, it seems that efforts of this kind should be redoubled. It appears that, with a more favor able political climate toward business in which to work, the Association can be even more valuable to the industry. MEMBERSHIP The only change in membership during 1952 was the loss of two members through resignation, leaving a total Ox 60 regular and 7 associate Denbers. One resignation was from the Metals Refining Co., Hammond, Ird., which went out of the lead business and the other was received from the Silver Xing Coali tion Hines Co., Salt Lake City, which chu. down its mines for an Indefinite period. An up-to-date membership list la attached. s t at is t ic s Only one change in the Association's statistical services was made during the year. The series of reports covering domestic lead and sine min* labor and lead smelter and refinery labor were discontinued as of the end of October, 1952. This resulted from the feeling of a large sepsent of the industry that these reports were no longer needed in view cf th* easing of the lead and tine situations and that the burden on accounting departments could be lightened by discontinuance. ,l.'U.jen "m -u- V n m u1 er*w!mpr N 1852.01 LIA22719 -J Ati Mfttli taitfU .jftAi'iW Annual Meeting, April 9-10, 1953 a n n u a l mb t in o Approximately 100 neabers And guests attended another highly success $ ful annual meeting of the Association at the Drake Hotel, Chicago, In April, 1952. A set of resolutions urging decontrol of lead ty both the Office of Price Stabili zation and National Production Authority In view of the eased supply situation was unanimously adopted, I.P.A. acted accordingly shortly thereafter, but O.P.S. refused to relinquish control for many months until controls were eased on a broad front* c OOTERKMENT RHATTOO t The easier position of lead throughout most of the year made the task of Washington contact, particularly with the emergency agenclea, acoewtiat lighter. Nevertheless these contacts wore maintained. However, in the direction of work ing with permanent government agencies, Federal, state and local, toward the grtater and proper use of lead and its products the need for more activity was obvious. A great deal of specification work with government agencies was needed. In addition to tho emergency agencies, regular contacts are maintained with the Department of Defense, Bureau of Standards, Atomic Energy Commission, Department of tho Interior, The State Department, Public B'lildings Administration, Federal Housing Authority and others. BULLETINS AND PUBLICATI0H3 Of particular note was publication during the year of the Association' e new cloth-bound 230-page book, "Lead in Kodern Industry," after several years of preparation. Seventy-five hundred copies were printed. Single ccmplinentary copies hae been distributed to members and particular friends of the Association to the amount of about 600. The balance is being offered tc interested people at LI.50 per copy, slightly less than cost, with a lower price for large quanti ties, Thus to date about 1,700 copies have boen distributed in this manner, lhe book is an up-to-date and greatly enlarged edition of the Association's original book, "Useful Information About Lead," published in 1931. It has received generous praise from industry, educational and other circles. Two issues of "Lead* were published In 1953 and circulated to about 35,000 users and prospective users of lead and its products. The continued interest shown in this publication by its recipients and the volume of corres pondence and inquiries that each iesue generates, together with the easier lead situation, warrants serious consideration of more frequent publication. Relaxation of government controls lessened the need for Defense Bulletins for members and only Hi were issued in 1952 to post members on government controls Seven Information Bulletins wero issued to provide members with information gleaned from various sources that night not otherwise come to their attention. * LCAPtm AND rAcmomo At the request of Several members an informal ccranittee waa formed to study the problem of improving loading and packaging methods for pig lead for rail shipment. This ccrnnittee first net in Docembcr and at a later meeting a small eub-committoo was appointed to work intensively on the problem and report back to the larger connlttee and to the membership as a whole. It appears that i considerable progresa Is being made. --err--r---wvw----11 -- mm -.ii i JII w u--' r-h n --.... .\ L IA22720 - -- -*=*-- +k . Annual V*etlni -}iz a d rnnrn*n-c April 9-10, 1953 The following i a eusmarj o^ wir principel activities in the field of lead hygienei 1, Childhood lead poisoning continued to be a major problem end source of much adverse publicity. Consequently we continued our grant of (2,200 per year to the Harvard Hcdical School to study this problem, A new grant of L10.000 for a yearns Intensive study of the problem was mado to the Johns Hopkins Hospital in Baltimore, the won: starting la July, 1952* 2, A new drug, Ca EBTA (calcium othylenedlaminetetraacetate) has been under Investigation as an antidote for lead poisoning. Indications are suffi ciently favorable and interest so broad, that we are serving as a clearin' house for infcreation and otherwise aiding in the development. 3, Our Investigation of the safety of red lead paints for water taijc interiors, which previously revealed sufficiently favorable data to rtrnve an objectionable paragraph from a federal specification, has been continued to assure us of adequate data to ccobat any future attacks on red lead in this direction. b. The Association is sponsoring and is represented on a caxdttee of the American Standards Association which will endeavor tc establish standards for the safe labeling of paint to be used on children's furniture and toys. 5. Oir efforts to have provided throughout the country adequate laboratory facilities to make reliable lead detoreinations to aid in accurate diag nosis of lead poisoning are bearing fruit. Host recontly this has been notice able in Cleveland and Salt Lake City. 6. Arran;orients were made to have a scientific exhibit, at no cost to us for space, at the annual meeting of the American Urdical Association in Hew Tork in Juno, 1953. Ibis vas by invitation and will be one of a greup of exhibits on childhood accidents. Ours will be devotod to educating doctor* in childhood plumbisa. 7. Eleven fiyyiene and Safety Bulletins rare Issued during 1952. Of these seven were Legislative Reports, mailod only to members who had signified an interest in thee. The data used in compiling the Legislative Reports hav* been useful in several instances in nipping ill-advised and discriminatfny state legislation in the bud. 6. Nearly 500 newspaper clippings featuring lead poisoninr, often in slteable headlines, rare received in 1952. Those involving the moet flagrant and obviousndnatatement of fact have been followed up with a view to correcting the underlying misconceptions. 9, Kany meetings of organizations dealing with our own health problem* were attended. They Included the American Industrial H/Cierc Association, American lledical Association, Congress on Industrial KeaV.h : [ the A.N.A., American Public Health Association, Federation of America'' Furieties for Exporlmental biology, Greater New York Safety Council, Irl . Lai Hygiene Foundation, I'asr.achusatts Medical Society and the National fifoty Council. (jur Hoalth and Safety Director took part as a speaker in three of those mootings and also attended a number of smaller or special!ted meetings. ; , ; > LU22721 Annual Meetlngi April 9-10, 1953 10, In December, the directors ordered formation of medical emimittes of doctors representing members to datemine whether they considered s notion picture or slido film better for the education of doctors and students In the various problems of lead poisoning. The ccrmltteo has since been appointed and net, and Its recommendations will shortly bo presented to the directors* 11, There were of course many miscellaneous problems dealing with the lead hazard and often Its adverse effect on the sale of lead and 31* products that arose during the year. I!any emanated from members themselves. Much tias was dovoted to telephone and personal calls and correspondence in handling these problems. METALLIC LEAD PRODUCTS DTVTSTO A report of this Division's activities was sent to members of tho Division on Rovecbf r IS, 1952. Die following euasarlses theso activities! 1. !7a have eontinuod to presote tho uso of lead In plumbing and water works systems and the proper provision for it in plumbing codes threugh two fisld men calling personally on plumbers, engineers, and government officials, and by addressing meetings of plumbers' organisations. 2. In order to provide an adequate number of competent lead workers we have also promoted Instruction of load work In plumbers apprentice classes and have had the cooperation of member* In supplying materials to those claesr.s at low cost* 3. The publication of PLU1EED5' F3TW, on a four-tine-a-year basis, with circulation of approximately 26,003 in the plumbing industry, has been continued. It. Ha again had an exhibit at the annual convention cf the national Association of 1!astor plumbers. 5. Cur traveling exhibit, sponsored by this Division in cooperation with the Pigments and Chemicals Division, appeared at throe additional architectural colleges in 1952* 6. Althouh our booklot, "LEAD IS MCOEHS PLJUPKD" was given its major circulation in 1951, about 1,100 more copies were circulated as a result of inquiries received. 7. The text book on plumber's lead work, authorised at the beginning of the year to bo printed from a spoclal fund, ras completed at the year end. In the first 2$ months since its publication over half of tho total printing of 3,000 copies were sold. 8. The Federal Trade Comieslon acted favorably on our complaint against Plastic Lead, filed in 19L9, informing us that tho producer had agreed to dlssontlnuc tho unfair methods of competition of which we hsd cooplainod. 9. A member of tho staff has continued to devote approximately SO per sent of his time to the study and promotion of tho us* of lead in chemical construction. 10. Four chemical bulletins, dealing with the use of lead in chemical construction, have been circulated to members during the year. pSjp JUT ppww Iffpw P WW *Gf ( i ifnr rw i Mir ii I^PIT1 '"!JI*'.Ipu.^L'.' JJ^I. V jggsyrimm* LU22722 - ^--- | -||Tl' ' i i o Inmill Meetingi 5- Aprll 9-10, 19S3 11. Two chemical construction bullotlns, dealing with similar problems, have boon distributed to colleges teaching chemical engineering, to chenleal construction companies, to chemical manufacturer* and other* interested. 12. Two articles on the uao of lead la chemical construction were prepared, one appearing In "CIEKICJlL ENGINEERING* and the other in "UR REPAIR. * 13. \n orticlo, dealing with the corrosion resistance of lead to a wide variety of corrosive chemical*, was prepared for publication In the Corrosion Forun Section of "CHEKlCiL ENGINEER!M).* It has since been published. 11*. i new booklet on LEAD IN MCEEHH CHEMICAL CCKSTRUCITCN* has been prepared anl submitted to moebers for cement* and criticisms befort publication and circulation* 15. 1 now Standard for Lead Pipe for the Chemical Process Industries has been prepared and circulated to members for checking and approval* 16. Two lectures were delivered to college students during the year, cos on "IZAD AS AN EJOTKEERTNG KAT^IAL* at the Newark College of Engineering, and the other on "CG.'SCbJCN RESISTA'CE CF IJ1.D" as part of a short course on corro sion at Case Institute of Applied Technology, Cleveland, Ohio* 17. Our Soldering Subccmittec of tho Bracing and Soldering Comittee of the American "elding Society hold several a ctings during tho ye*r and has made ccxislderable progress towards the preparation of a Soldoring Handbook. Tho Ccrmittce is composed of representatives of four member companies who manufacture solder, under the chairmanship of a member of tho Association staff* 18. A number of articles which appeared in PLC'-EKS* F'fvLTf during tho year have bean reprinted in other plumbing publication*. 19. Although not at the expense of this Division, the Association's publication, "LEAD* has carried in each issue several articles on the use of metallic load products. 20. Also at no expense to this Division, the Association's new book "LEAD IN KOOEKN INDUbTiC" has many chapter* dealing with tho use of metallic lesd products. 21. Wo have continued to circulate to nambers housing bulletins listing public arc! military housing projects as anncuncod from Washington. 22. A staff member continues to serve on the Plumbing Advisory Comsdttos of the National Rosearch Council. 23. Nary lnr]uirlus for assistance in the use of metallic lead products are constantly iiondlod by correspondence, telephone and personal contact* 21*. Liaison 1* maintained with tho principal technical socletios and associations dealing with metals and a staff member is vice chairman of the Northeastern eoctlon of the National Association of Corrosion Engineers. nupi M is' ' seswuj . 'VP.in.lfP su wamm)t* wmgay U^723 '1 " *-- --- t -*.* .-,j] 'i fltl`1`1 ' ` -- '-'- - -----` - ~ ^ '------- **'Lki.Uli' f--i i - 3 o Annual Meeting -6- April 9-10, 1953 PTCBOIS AMP CHEMICALS DITISTOI A report of this Division's activities was sent to members of tho Division on Docenter 2, 1952. Those activities aro sumaariaed as follcMSi RED IEAD SECTTCB 1. Personal contacts with federal aid state agencies, utilities and other Industrial companies and paint caapanlos, who havo on interest in rod lead paints, were maintained throughout tho year. 2. Convjntiona of tho American Society for Tasting Materials, Redoration of Paint and V.imish production Clubs, and the National Association of Corrosion Engineers were attended. 3. Tfd. auction, in conjunction with the white lead soctlon, exhibited at the Paint Industries Show in Chicago during Norcaber. L. Tho technical director served as secretary to the Covomacnt Advisory Coccittoo on Chromate Pipsents, Sponsored by the Corps of Engineers, t!, 3. Arty. 5. The Association became a supporting member of tho Steel Structures Painting Council and was represented on both the Executive Ccnaditoo and tho Research Corsaittco of tho Council. 6. Cocycration with tho Bureau of Ships at tho Norfolk and Philadelphia KaTal Shipyards was continued. 7. A rod load primer free tho cooperative tost at the Philadelphia Naval Shipyard has been selected for a second test project. 8. The cooperative project at tho Norfolk Kaval Shipyard was completed and two red lead systems were 8h<wn to be generally superior to tho other 15 systems tested, er.o of these red lead bottom paints has been solectod for a full-scale service test and 300 gallons aro nerr being manufactured at tho Shipyard Pa'nt factory. 9. Red lead Technical Lettor No. 7 was issued during tho year and circulated to approximately 10,000 people interested In tho manufacture, specifi cation, and use of metal protective paints. 10. Monthly listings cf Individuals fras when inquirlos were rocelvod by the Association were circulated to Dccbcr*. 11. A series of artidos on red lead paints was published in the Associa tion's magaiino, LEAD" with a circulktlon of ovor 30,000, at little expense to this section. TTKTTE LEAD SECHJt Tho efforts of thie section havo boon concentrated mainly on paint trade Jjurnal advertising and on tho establishment of research projects to furnish techiiool data for advertising. y "*0^1 *'*'1 .i.i' i .......... i )mw,  n"fc V . JT LIA2272A ---- - 9 1 , Annual Mooting! -7- April 9-10, 1953 1. Advertising was placed in coven publications according to tho foliat ing schedulot FC3LICATICH SPACE American Paint Journal . 2 PPs Paint, nil and Chemical Review . 1 P, NlliBER CF IfCLRTTCNS j ... 26 ' 1 t 13 Wostern Paint Review 1 P- ....... 12 Official Direst 2 DO. Oil Paint and Drug Reporter______ 30 in. Paint and Tarnish Production 1 p. -6 | 12 Paint Industry 1 p. .... 2, Reprints of each advertisement woro obtained and circulated to member* of the section and to paint companies interested in using them to promote tho salo of quality mixed pigment house paints. 3. As a result of the Lead Industrie Association advertisements, inquiries on detailed problems of painting end for details of formlatioo vitro received. Li. Tho major research project initiated (haring the yocr involved tho exposure of tho four house paints in 'Thitc Lead Technical Bulletin So. 1 both self-primed in two coat systems and over the five primer paints included in tho same bulletin. These systems wtr^ exposed on cedar and yellow pine siding at Svyvillc, N, T., Chicago, Coffcyvillc, Kansas, Sow erleans and phoenix, Arisen* in a comparison test with lcad-froe house paints. 5. Sufficient information has already been obtaind from tho Hew Qrloan* test for an advertlSener.t showing tho white lead base paints to bo markedly bettor than tho lead-free in nildcw resistance and in clean-up properties. Considerably mors data for advertisenonts could be derived from thia project in tho future. 6. Another research project was run on the comparative dryln- propertioa of commercial typo whito-lead-base and lead-free house paints. This project provided data for two advertisements shewing tho improved drying characteristic* of load baso house paints, 7. Another projoct was run an tho degree of oil loss froa wMto-load-baso and lc.id-froo paints when applied to porous sut^strita. Tho data fren this projoct wero us d in an ndvortisenent to show tho ndvantago of whlto-lood-haeo ovor lead-free types as Initial or priming cants. 8. Incidental with the field work on rod load a number of paint manufac turers wso contacted for discussions on rhlto lead. vyr.1 H.WIIIS' lUrj'VV-i-9 '.Hint'"1 wsw mpwy"Wfpw BtfaxtVf- if n i WP LIA22725 !. * 3 i Annual Meeting i April 9-10, 1953 MTScnuNEous a c t iv it ie s Sene attention was given to the use of lead eampewnda in ceramics during the year. This use amounts to sene 25,000 tons of lead content per year and new competition threatens an important part of this market. As a preliminary step the Association became a member of the American Ceramic Society and the secretary was invited to apeak at the annual meeting of that society in April. Ee addressed it on the lead supply outlook, shortages of lead in the past having been an Important contributing factor in accelerating the subetitutlon of other materials for lead. The Association approached Dr. 5. R. Schoirs, dean of the School of Ceramics at Alfred University, one of the outstanding ceramic schools of tho country, with the request that he make a survey of the ceramic industry and report to the Association what he coneiders lead's competitive position to be and what might be dono about it by our industry. After studying the problem. Dean Scholes reported that he thought the industry would be unwise to spend money to promote lead in this field, feeling that factors beyond our control would determine how much lead is used. ACKSJOZDCaESTS The secretary wishes gratefully to acknowledge the loyal support of the membership and the advice and interest of the officers and directors which have made the successful functioning of the Association possible. The intelligence and industry of the staff must be called to the attention of members and are highly commended by the iecretary. Respectfully subedttod Q T wniliyi mill UWLU--WW**WW^pi ||'-|ll.tWIl'H WtmWWWWIEWpeWMgMriW t'UWk ;ffWWW^Syi l` Lid 2212b -s &as >d%< - ,--f - ir - r n rt-ffr^ttlm- --- -- ---- ------ --*---------- April, ISO MEMBERS Of THE LEAD INDUSTRIES ASSOCIATION Alpha Ustals, Ino. Box 3b, Bergen Station Jersey City b, K.J. The American Metal Co., Ltd. 61 Broadway New fork 6, H.I. American Smelting U Refining Co. 120 Broadway New York 5, N.T, Anaconda Copper Mining Co. 25 Broadway New fork b, X.Y. Bare & Company, Ino. Ashland A Lswis Sta. Philadelphia Hb, Pa. Broken Hill Associated Smeltare Proprietary Ltd. Collins House Melbourne Cl,Australia Broken Kill South, Ltd. Box 19b-C, O.P.O. Melbourne, Australia Bunker Hill A Sullivan Mining and Concentrating Co. &eUogg, Idaho Cambridge Smelting Co, 100 Pacific St. Cambridge, Mass. Cerro de Pbs c o Corp. bO Wall St. Nsw Yoric 5, H.I. Chief Consolidated Mining Co. Eureka, Utah The Consolidated Mining & Smelting Co. of Canada, Ltd, Box 300 Place D'Armas Montreal 1, Canada Day Mines, Inc, Wallace, Idaho Dickson Weatherproof Nail Co, Box 590 Evanston b, 111. Division Lead Co. 836 W. Kintie St. Chicago 22, 111. E. I. duPor.t de Nemours & Co., Inc. Wilmington 98, Del. The Eagle-Picher Co. American Building Cincinnati 1, Ohio The Electric Storage Btttary Co, Box 8109 Philadelphia, Pa. Ethyl Corp, 100 Park Avenue New York 17, H.T. Euston Lead Co. (The Glldden Co.) 500 Penn Ave. Scranton 3, Pa. o Evans Lead Division (National Lead Co.) Box 1167 Evans Metal Co. Box 97, No. Side 3r. Charlraton 25, N. Vt. Atlanta, Ga. Federal Mining & Smelting Co. 120 Broadway New York 5, H.T. Federated Metals Division of American Smelting & Refining Co. 120 Broadway Hew York 5, H.T. The Firestone Tire & Rubber Co. Box F, Firestone Park Akron 17, Ohio The Flccm Lead Co., Inc. Eradley Ave. A School St. Long Island Cityl.KT, W. P. Fuller A Co. 301 Mission St. San Francisco 19, Oi, Gardiner Metal Co. b820 S. Campbell Ave. Chicago 32, 111. Glaser Lead Co., Inc. 31 Wyckoff Ave. Brooklyn 27, H.T. Goldsmith Bros. Smelting & Refining Co, 58 E. Washington St. Chicago 2, 111. Hammond Lead Products, Inc. 5231 Hohnan Ave, Hammond, Ind, Reels Mining Co. Wallace, Idaho Hudson Smelting it Refining Co, 85-95 Hyatt Ave. Newark 5, N.J. Imperial Type Metal Co. 3b00 Aramingo Ave, Philadelphia 3b, Pa. International Smelting A Refining Co, (Anaconda Sales Co. Agents) 25 Broadway Hew York b, H.T. The Johnston Foil Manufacturing Co, 6016-6120 S. Broadway St. Louia 11, Mo, Anapp Mills, Inc. 23-15 Borden Ave, Long Island City 1, H.T. Lead Products Co, 709 N. Velasco Houston 3, Texas John R. KacOregur Lead Co. b520 W. 15th St. Chicago 23, 111. Metro Smelting Co, Ontario & Bath Sts. Philadelphia 3b, Pa. Mike Horse Mining A Milling Co. 620 Power Bldg, Helena, Mont, National lead Co. 111 Broadway Hew lork 6, N.t. New Park Mining Co, Xeetlsy, Utah North Broken Hill, Ltd. o Box 1903-8, O.P.O. Melbourne, Australia Associate Member, r N 1852.02 ,j y t fi 'rBi rtmwita fa^f i i rriihi ia^ n ifiiTJr- i\ mu a Ti in* iinnr*ii hiiaii i L IA 22727 -2- April, 1953 MEASE RS OF THE LEAD INDUSTRIES ASSOCIATION Northwest Lend Co. The Okonite Co, Pnrk Utah Consolidated Vines Co, Pennsylvania Smelting U Refining Co, Phelps Dodge Corp. River Smelting & Refining Co. Rochester Lead Works, Inc. St. Joseph Load Co. Shattuck Denn Mining Corp. Slpl Metals Corp. Standard Rolling Mills, Ino. Sunshine Mining Co, United American Metals Corp. United States Smelting Refining end Mining Co., The Victory "rhite Metal Co. Hyn-.n Vlencr tc Sons Vulcan Lead Products Co. The Wenslcy Metal Products Co. Western Electric Co. Inc. O Western Lead Products Co. White Metal Rolling ti Stamping Corp, Winchester Repeating Arms Co. The Zinc Corp. Ltd. * Associate Member. 2700 16th Ave., S. W. Continental Bank Bldg, 3100 E. Ontario St. tiO Hall St. Ill95 Bradley Road 3% Exchange St. 250 Park Ave. 120 Broadway 1706-1720 Elston Ave. 1L3 Jewell St. 115 K. Second St. 193 Diamond St. 57 William St. 6100 Roland Ave. 5300 Hatcher St. 15li5 W. Pierce St. Ilili5 Osage St. 195 Broadway L530 E. Pacific Way 60 Moultrie St. Box 36L-D, O.P.O. Secttie li, Wash, Passaic, H.J, Salt Lake Cltyl,Utah Philadelphia 31, Pa. New York 5> N.T. Cleveland 1, Ohio Rochester 8, N.T. New York 17, N.I. New York 5, N.Y. Chicago , 111, Brooklyn 22, N.Y. Yaidjsa, Wash, Brooklyn 22, N.T. New York 5, N.T. Cleveland L, Ohio .Richmond 5, Va. Milwaukee U, Wis. Denver L, Colo, liew York 7, K.Y. Lcs Angeles 22, Cal. Brooklyn 22, N.Y. New Haven U, Coen. Melbourne, Australia f r. k wW " " m -v* *W 11111 iuiimy.il 1 i.MJ w 'nniv' -;-- - * "- -'- " -* mm Enggyym n --ijv L IA22728 # < Annual Heating April mj the treasurer respectfully h# report pf the audit pf the accosts of th# association at o^ Jl, mi. Of nasalnt A kill, at follooAi Ntyiu A UlU Certified fuollc accountants York It. e. T. aCCOjetaaTS* CUTiriCttt lead industries associations w hart evenined the balance sheet of lead industries association at c* Deeonoec Jl, 1052 an) the related mivA( of Inccne. expenses, and reserves tor the year tM* Our examination u *e4e In accchance lth generally accepted auditing ttvd< ard, and according/ Included web tests of the accounting records and such other auditing procedures at *? considered necessary In tee c I ronst ancet. m our opinio*., the acco'Vt*ying oalance sheet and statement of Inro*sa, eapeneot. ana reserves present fairly the financial position of the association at Oeceecer Jt, 1052 and the results cf Its ejections for the year then ended. In eonforvlty *lth generally arrepted accounting principles applied on a Oasis consistent with that af tn preceding year. *vch II, 1059 (signed) nasal ij A U* uso Kousretcs associanoa estsact s <u t . occtnsc* 31. mi assets CASK (Including savings bans deposits, 152.1*0. 3*).................................. OAUUTlDeS Of T*l welTIO STATC5 - At cost (l-t/tS cer tificates of IndeMednpts, series 4. due Fecru*ry 15, 1P53)............... c*sc5Mir asstssMttrstc a (visa.......................................................................................... OWt ecccivssus.............................................................................................................................. CxmtlS t o Taavti *PC*SC3..................................................................................................... Ala tesvU ............................................................................................................................................ Sl5L21l.J J'.OOC.OO i.w 1.5A>.IA J.C75.00 *25.00 TOY it....................................................... 11*1 ePt. P L * s t i l * T i c s sap Mif M[j ACCOUtTS fSTAtoJj Ordinary fund.......................................................................................... .. Hntaltic lead Products pivisip'i fund.............................. . Pljysents and C^n'lcals Division fwM............. .. I l,Jfl.TS 3.000.00 I5A.AA CSfevtS! Ordinary run*........................... ............................................................. Stffty and ^ygie^e fund........................................................................ <*t*H ic lead Products division fund......................................... Pi jnmts and Chf**i(<t Division fund (formerly #>lt lead Division and Hd lead Division funds).................................................................. Special activities fud (Metafile lead products oivUic^l................................................................................ J>,tS*.aS 2i.AJ0.4A 15.9A.JA aO.AOt.A2 j.ofi. is tot At......................................................... I a,ec.tl tm, >*d. j IIOil API. > aotti The cost of fwrnttura, fixtures, autonob I lea. and equipment haa heen written off It apensa. ,*y "pt "' nr** b N 1852.03 l" >' Wjn y>fc o rnii1 i'' waii'f ! r t^ mil LIA22729 tflu UAP UW$TlHtS ASSOCUTIOC STATTHCir Of IfeCOttC, U6U5CS. MO XiCtUS f o ui UAt enhco otctMtct yu t*5* TOTAt OtOfCtlTT ruco SAfCTl *D HfCIC fu*0 MCTAUfC LCA0 ^0UCT4 C(V(SI0 fmo ritttiTS M0 CH CM 1C At.4 .............oi vi 410*.COCO............ t(D UA6 WiTC ifA0 UCTlOa secnoe I4CDMC: uwimt*............. ...................... 7r#n*f*r tyndu ............... IMervit: On otti'Mtioni of t V United StAtet 5*1OMn oef*ine/uOtl*icn&>tiodnep.O...S..l.t.t............................... tots) incon*................ 41*5,7.<K JJJJ.WS.J0, (2S.WO.OO) 425.400.00 *52, *1 i. tti. *2 TT1^.0r6t:.S10r- A52.il 164. 56 '37. 37 IW.tlOs ' 1.00 'JJ'..TJl. 3v tVfXii ......... ................................ . KKill SKKfit) tlfk..................................................... furniture tr>4 fixlyrrs............ .............................. I 64.622. 74 l. *00. }l J.**&.? 4 U.1J0. *5 1.1*3. 23 l,*A0.1 414.B11.64 21. 56 Mt md 1 jftt........................................................................... Of ft :* wpi-* ..................................................................... trjv+l......................................................... A*v>. wt 1 on ...................................................................... {ntnrt ninmmt nd 1uen>nv......................................... npet*vj* (n*t of W\, 4L 705.00/............................. Ule^one aM etfnrapn.........................., too-s nd WHCfi?t'Cii.................................................... Printing - net........................................................................... M**li'C.................................................................................... 1.671.62 ?. If 1.04 2 a. >6 2. 15 665.35 2.6*7.4? A.06J. 75 2.3J1.61 1. >61.60 7.6>3. *2 1,612.4* 1.61 L *1 l.i?6. *1 V. 255.51 ri* 01A.42 I.4?1.72 i. 6 X. 64 <23. 2* LS*.** 2.0 15.61 166.2* 1.541. *> 1>4. 10 nil. 12 kj.oo 313. 56v.02 71.47 Cov of fsitlieitio**: X+.'.l*....................................................... 4. t.-^. 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