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New York, N. Y
DIRECTORS 1GETIS3 November 26, 1929
A meeting of the Board of Directors was held at the Down Town Association, New York City, on Tuesday, November 26, at 12:30 P. M.
Present:
Clinton K. Crane, Chairman.
Hamilton M. Brush
F. M. Carter I. H. Cornell Julius Loeb J. A. McCarthy
J. F. McCarthy Ivan Reitler F. Y. Robertson
R. M. Roosevelt
F. E. forms!. Secretary.
Representing:
St. Joseph Lead Co.
American Smelting & Refining Co.'
National Lead Co. St. Joseph Lead Co. American Metal Co.Ltd. United Metals Selling
Co., Agent8 for International Smelting Co. Hecla Mining Co. Federated Metals Carp. United States Smelting Refining & Mining Co. The Eagle-Picher Lead Co.
The minutes of the previous meeting were approved.
The Secretary's report was read and approved
as follows:
SECRETARY * S REPORT
1. STATISTICS: We have made further progress in publishing statistics re
lating to manufactured lead products. If it weren't for the reluctance of one member to supply us with statistics of his lead pipe and sheet business our whole program would be completed. During October we published a report covering pig lead stocks in the hands of manufacturers - the so called "invisible" stook8. This is the first time, we believe, that any data of this nature has been collected by a metal industry. We are endeavoring to enlist the cooperation of the Western Electric Company in expanding our statistical program.
2. TARIFF: No objection was voiced from any direction in the Senate.before it.
adjourned against our drawback matter, although the administrative features received more consideration than any other portion of the proposed tariff law. If any tariff act is ultimately passed the prospects are now very bright that we shall be successful in our request for relief. Ho changes have been made in any of the lead rates.
3. OTHER ACTIVITIES: We are conducting a pre liminary investigation of
the paint market, with a view to ascertaining what help, if any, the association may render the white lead and red lead industries to broaden their markets. We have almost completed a handbook of "Useful Information About Lead", which we would like to give widespread distribution to all present and prospective users of lead. The Medical Research Fund for the support of Dr. Aub's work at Harvard promises to be well supported by our members.
Respectfully submitted,
Secretary.
L I A 00G 1
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The Treasurer's report was read and accepted as follows:
TREASURER* 3 REPORT*
FOR PERIOD NOV. 14, 1938 TO NOV. 15. 1929.
RECEIPTS
DISBURSEMENTS
Membership Contributions $30,000.00 Furniture & Fixtures $ 1,832.4^
Salaries
17,346!e'
Underwriting Fund
10,000.00 Rent and Light
3,385.56
Office Expense Misc.
1,754.26
Medical Research Fund
3,532.00 Traveling Expenses
1,906.5c
Telephone & Telegraph
411.36
Books & Subscriptions
330.72
n Printing Interest
1,533.22 130.74
Membership _Cont ribut ions
Receivable
1,658.50
Cash on Hand and
______________ in Bank
14,241.44
$43,532.00
$43,532.00
* This report also covers the expenses of organization.
The question of exchanging the statistical records gathered by the Lead Industries Association with the Lead Producers Reporting Association in London, gathering similar figures abroad was con sidered.
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N 567.01