Document gaqJodk17QdLYrQj7RrvgMaeL

LEAD INDUSTRIES ASSOCIATION. INC. 292 MADISON AVENUE NEW YORK, N. Y. 10017 TELEPHONE -- AREA CODE 212 OR *-6020 November 9, 1965 SUBJECT: SUMMARY OF 1965 ACTIVITIES AND 1966 SUGGESTIONS To the Industry Development Committee of the Lead Industries Association, Inc.: We are attaching herewith a summary of activities and budget data covering all activities of L.I.A. except research for 1965 and suggestions for 1966. The following table gives the subscription rates per ton for both member ship and industry development for the last six years, as well as figures on receipts and disbursements. The pension fund is not included. GENERAL AND INDUSTRY DEVELOPMENT FUNDS BUDGET RECAPITULATION Rates per ton for Subscriptions xear 19b0 1961 1962 1963 1964 1965 Manuf. Smelt. & mining nenn. 20^ % 12 7 16 4 16 4 16 4 Est. l6 4 Assem Pig bled Lead Articles baies k2j. 4? 52 2 65 2 54 2 80 2 1.05 Subscrip tions Keceivea 371,963 340,565 471,560 391,248 515,169 642,000 Cash on Hand Other Year End Misc. ApprovedEbperdi- Genl. & I.D. neceipn5 cuagei nures runas "37315" 37^,450 332,944 154,385 h-, h-60 369,350 319,624 179,766 4,66o 461,000 412,133 243,853 6,000 483,125 659,477 181,765 6,033 622,700 567,754 135,213 6,000 699,000 709,000 86,000 At the membership rates listed above for 1965 it can be estimated that between $90,000 and $95,000 per year are derived from regular membership subscriptions paid by all members. It can further be estimated that for each 1 cent subscribed on pig lead sales for industry development about $6,000 will be made available. A further discussion of the rates required to meet the suggested budget will be found on the last page of the attached report. Very truly yours, L I A0c ~r o 17~~t ^ ~i><~ - l Administrative & Technical Service: Salaries & Payroll Taxes Insurance Furniture, Fixtures & Equipment Rent Travel 4 Expenses Meetings & Committee Luncheons Printing & Office Supplies Postage & Express Telephone & Telegrams Temporary Office Help Legal & Consulting Fees Accounting & Auditing Fees Annual Statistical Review Books & Periodicals Pension Premiums Technical Association Memberships Office Services Miscellaneous Approved 1965 $203,000 2,000 2,000 20,000 29,000 3,000 5,000 6,000 4,000 500 2,500 1,000 600 1,300 12,000 1,500 8,500 1,500 3037550 Estimated Actual 1965 .$202,000 2,000 2,000 19,500 36,000 4,000 5,500 8,000 4,600 500 2,500 1,150 650 1,300 12,000 1,600 7,000 2,000 312,300 Publications: ---- rrL;-e--a--dm------- Abstracts Reprints Construction & Architectural Flyers Ceramic Supplements Sweet's Catalogs Batteries Monograph Yellow Traffic Paint Proceedings, International Conference Hoffman Translation Anti-Vibration Pads Improved Sound Barriers (Reprint) Sound Attenuation Picture Book (Reprint) Annual Review Joint Proceedings Roofing Handbook (Reprint) Corrosion Handbook Mailing List Conversion Space Advertising: Batteries Architecture & Construction Noise Control Vibration Control Solder Cable Ceramics Pigments Plumbing Terne Plate Design Production Miscellaneous N 712.01 32,000 11,000 5,000 3,500 2,000 13,000 4,000 1,500 3,000 1,500 1,000 4,000 1,000 5,000 2,000 1,000 1,000 - - - 91,500 hO,000 11,500 5,500 - 2,000 13,000 3,000 - 3,400 1,500 1,000 1,800 1,000 5,700 2,000 800 3,000 1,200 - - 96,400 33,500 23,200 l4,8oo 16,300 9,700 8,200 14,200 15,400 6,200 7,600 5,900 30,000 2,000 187,000 34,700 24,400 14,800 13,700 9,700 8,100 14,000 15,200 6,200 7,600 5,900 23,000 2,100 179,400 Suggested 1966 |225,000 2,000 2,000 20,000 35,000 4,000 6,000 8,000 5,000 500 2,500 1,200 650 1,300 19,000 1,700 7,000 2,000 342,850 35,000 12,000 5,000 3,000 2,000 13,000 3,000 3,000 - - - - - - - 1,000 - 1,500 5,000 8,000 91,500 36,100 27,700 32,900 10,300 10,500 16,700 19,200 6,300 8,300 7,700 25,000 2,000 202,700 11 r c o i o Miscellaneous Promotion: Health & Safety Information Conventions & Exhibits Test Programs Apprentice Contest Seminars National Shooting Sports Foundation Illustrations & Publicity Motion Picture Motion Picture Distribution & Prints Contingencies A.pproved 1965 $ 31,500 17,000 4,000 1,000 4,000 500 - 29,262 - 5,000 92,262 Estimated Actual 1965 $ 31,500 17,000 4,000 1,400 - 650 - 25,630 3,600 - 63,780 Suggested 1966 1"31,500 17,000 4,000 1,500 4,000 650 5,000 - 15,000 15,000 93,650 From Reserves: Pension Premiums Motion Picture 12,250 25,000 37,250 12,250 25,000 37,250 6,000 - 6,000 Special Programs: Public Relations Ferrite Development - RECAPITULATI r\Tr Administrative & Technical Service Publications 303,400 91,500 Space Advertising Miscellaneous Promotion 187,000 92,262 From Reserves 674,162 37,250 Special Programs 711,412 - 711,412 - 312,300 96,400 179,400 83,780 671,880 37,250 709,130 - 709,130 100,000 28,000 _120,000 342,850 91,500 202,700 93,650 730,700 6,oco 736,700 128,000 864,700 PROJECTED INCOME AND DISBURSEMENTS Operating Fund, Jan. 1, 1965 Pension Reserve " " " Motion Picture Reserve " Income, 1965 Disbursements, 1965 Pension Reserve, Jan. 1, 1966 Operating Fund "" " Income, 1966 Disbursements, 1966 Operating Fund, Jan. 1, 1967 $110,000 18,000 25,000 153,000 648.000 801.000 709.000 6,000 86,000, 92,000 745.000 837.000 737,ooo 100,000 92,000 873.000 955.000 865,000 100,000 LIAO0911 2- - Administrative and Technical Service. In 1965 we actually spent approximately $9,000 more than had been budgeted for this part of our activities. This was largely accounted for by unusually heavy travel expenses which resulted from several things. We had one more man travel ing than had been originally anticipated, two of the trade shows at which we exhibited were in the far west and involved unusually high travel ex pense to transport the personnel to man our booths, and the executive vice president made an unprecedented trip to Australia and Japan. Most other changes were relatively minor. The 1966 suggested budget increase is largely accounted for by two items, salaries and pension premiums. The salary item results principally from provision for an assistant to the health and safety director in view of the mounting pressure against lead from air pollution sources and the need for greatly intensified efforts to keep all key people honestly and reliabily informed. The increase in pension premiums comes mainly from the fact that in recent years about half this expense or $12,000 came from reserves in the pension fund which are now reduced to only $6,000 available for use next year. Publications. In 1965 we spent about $5,000 more than had been budgeted, the major difference being caused by "Lead" which went well overits budget. The reasons for this have been carefully examined and it is felt that sub stantial savings can be made in 1966. Partly responsible for the overage was large purchases of envelopes which will carry us through 1966 and photo graphic work which was charged to "Lead" but was also used in other publi cations . For 1966 the principal publications planned are "Lead," "Lead Abstracts," Sweet's Catalogs and a new publication based on the ILZRO study of corrosion of lead made at Battelle Institute which we are considering publishing jointly with the L.D.A. of London. Reprints of some of our existing literature will be necessary to maintain adequate supplies and a renewed effort will be made to find an editor and complete the American Chemical Society Monograph on Lead. The total suggested budget for 1966 is the same as for 1965* Space Advertising. Actual expenditures in 1965 were about $7,000 under the approved budget, all of the savings being made in the production of advertising and virtually all attributable to the engagement of a full time advertising manager at the end of 1964. The suggested 1966 budget is only about $15,000 higher than that approved for 1965, about $10,000 of which results from space rate increases already announced by publications we are now using. Major changes suggested are temporary elimination of space advertising on anti-vibration pads until their performance and con ditions of use can be more consistently evaluated, intensification of the program on noise control now that seme commercial products are on the mar ket, and intensification of the program on yellow traffic marking paint to anticipate new potential competition from sulphur compounds. Miscellaneous Promotion. Two changes are suggested under this head ing. One is to provide a new fund primarily for illustrations, many of which are used for a variety of purposes but which have been charged to "Lead," thus distorting the cost of that publication. The other is to provide for extra prints and distribution of the motion picture which was completed for about $3,600 less than the appropriation. It is also proposed to use this $3,600 for extra prints. Thus the total budget for Miscellaneous Promotion remains in 1966 about the same as in 1965. 3- - LIA0Co1 ? Reserves. The $25,000 reserve for a motion picture several years ago was completely used up and no reserves for this purpose remain. Also $12,250 was used out of Pension Fund Reserves to pay 1965 pension premiums. This leaves about $6,000 in this Reserve which will be completely used up in .1966. Special Programs. Two special programs are offered for consideration. The first is a broad, basic public relations program with a double objective: (l) to establish lead in the public mind as a widely useful, even necessary, commodity in every day life that is constantly being used safely and ben eficially, and (2) to combat the unfavorable publicity created by attacks like those of Dr. Clair Patterson, Dr. Warren and others and create a more favorable attitude for lead at public hearings, etc. This is intended to supplement and not replace the medical educational program started two years ago and budgeted elsewhere. A leading public relations firm has been consulted and they have estimated that an immediate program of $80,000$100,000 a year could produce tangible results. The other special program involves a proposal from Fair-Rite Products Corp. covering a l4-month program to determine the best lead ferrite com position for permanent ceramic magnets and produce a product in sufficient quantity for testing by other companies in their products. They are ask ing about $28,000 from L.I.A. mainly for materials and equipment and will, on their part, contribute an equal amount in time of trained personnel to conduct the project. Projected Income and Disbursements. For 1966 this information is pre sented in two columns, one without the two special projects mentioned and one with them. Both are designed to result in an operating fund of about $100,000 on January 1, 1967, an amount which the Board has repeatedly in dicated as desirable to have on hand. Of the income needed to achieve these results about $90,000 to $95,000 would come from regular membership subscriptions from all members at 1965 rates. Because of the substantial increase in industry development subscriptions in recent years without any increase in membership rates, consideration might well be given to increas ing the latter by 25 percent, the level which prevailed in i960. This should yield an additional $20,000 or so. This would make the industry development rate somewhere in the range of $1.10 to $1.30 per ton, depend ing on the size of the budget finally established. L 110 C 1"' 4- -