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PNYC00009413
SO. B. J. Dwyer
-2- March 29th, 1940
Although tha lneoae shown ebova is much halo* that of recant months, wa should Ilka to polat out that our raaord for tha past fIt s souths is not far from the estlaataa ae praseatad last 3eptaaber whan we were authorised to sail nine oxides at competitive jprloes.
In a latter to ir. Laiat dated September 19, 1945, we said, under assumption Ns. 3, which was the most favorable of the three assumptions made, that assuming labor and supplies will be the same as at present, with strap $10.00 per ton lower than at present and includes one extra salesman. On this basis the outcome would be:
Net incomenew,money - one month $12,987.33*
Haw money Inaaaes beginning with Ootober, 1945 re as foilowe:
1945 October November Leaamber
1546 . January February
Total 5 months \\ Average ^perjonth
$59,611.32 $11,922.25
Tou will note that, the oo'mbiabtfyesulbgs-of January and February are near the
average. However, In January/all the faotars happened to be favorabla onea, whereas In February we ran into a gi^cpi many unfavorable factors, such as:
1. Losses sustained lnVleetrolyti^/kiae operations due to an abnormally high coat of sfnffXZ^ berl^ve-jtfce/oOat shown for zinc in the February sost sheets th^elmhOTreotlPlr-eoiaventory errors, which will probably
correct /themselves IX ensuing months.
2. Average\priee obtained for sins oxide produced in February from electrolytic zinc was only 3.3fi# as compared with 9.71# in January. Total effect 0fHhemsJ>/aM 2 on the Income wee unfavorable te the extent ef
$13,000.
3. Cost of Klrksite charged m February increased *4.66 over that eharged In January. Total affeet on income was $2,000.
Increased operating costs at huffla lurnaees from .15i per pound in January to 2.62# In February, adversely affecting the income by $5,000.
PNFC00009414
Mr. B. X. 0wyer
March 89th, 1941
3uMazy of Operation*
Unit Ho. 1 Muffle Furnace Ho. z Muffle Furnace Ho. 3 Muffle Furnace No. 4 Muffle Furnace
Humber Days Operated 6 16 84 87
Material Produced Lead-free zinc 0x14* Lead-free zin* Oxide Leaded Zina Oxide Lead-free Zine Oxide
WHITS LIVE DSPAHraSNT
The Income for February was as followas
Dry Whit* Lead Whit* Lead-ln-Oil
#
$3,578.04 1,480.63
The selea of dry white lead were 646 tag*, and t.M production was 485 tone. Thi* difference of 161 tons was taken from stock, which aa^ijt inventory at production cost if only 5;915#, ea compered with tha February,production coat of 7,593d. This had a favorable affect of $4,O90-mmvthe income.
Befitting Department
//
Tha amount of laad In inventiiyvon Tt) ry ZSth was ~9,360,818 pounds, a
lneraas* of 673,711 pounds during tha month\,/TJ silver In inventory was 553,384
oune*s, an Increase of 44.683 ounaaa sine*
ry 31st.
This inereas* 1* which was being diverted to Bafialag Companyt and parti;
toh>of Sast Helena bullion In transit plant of tha American Smelting and
.ermadlat* bismuth content Tooala bullion.
Zina Oxide Dapartaent Tha valui
$83,000 from the/i; Iona Invent'
>ruary 28th was $486,000, a decrease of daoreaaa la aoeountad for as follows;
Materials Proses* lehed Product
ital Daaraaaa
$59,000 3,000
81.000 $83,000
White Laad Department The velum *f Inventories for the Whit* Lead Dapartaent were reduced during
February from $173,000 to $146,000. Thi* daoraaa* of $38,000 balng dna te tha aalaa azeaadlng production by 841 ton* (161 tons dry whit* 1**4 and 80 tons laad-ln-ollj
LABOR
Contract Wegotiatlona W* hav* h*14 no m**tlng* with tb* Onion Commlttaa soneaming contraot
negotiations aitio* our latter relative to the January operations. However, at a
Mating on a grievance question, the Committee agreed to extend contract negotiations for another thirty day* until April 14th. Thi* mean* that our old oontract has been
extended for e total of 180 days.
PNYC00009415
Mr. S. X. Dwyer
March m*. 1944
Wages and Labor Supply It is becoming almost Impossible to employ any labor when oar neighbor
across the street. the Metal and Thermit Corporation and oar competitor, the TJ.3.3. Lead Hefinery, are paying eoiuaoa labor 96* par hoar. In fast, practically all of the industries in oar area are already at the 96* level. In all eases ahare plant* hare lnoraaaed -rages, the/ hare ravertad to tha 40 hour work meek, which haa
lneraaaad tha labor shortage and aggravated oar labor problems. While va have not bean forced to surtall operations to data, tha situation day by day Is approaohlng a crisis.
Tha:, Sunki&nd file ,of oar Inbox' baa developed a restlessness la recant easts that nay force a show-down on our poaltlon in the very hear future.
l b a d Raranm d t p a k t u z h t
cumoog
Conmon Lead Production We hare already began to f#ei tha effast~uf net kiting It** Helena bullion
for dilating purpose a. 'Vhere we normally produce about 800 b^na of low bl south and copper bearing lead par aonth, we are making,-oK&v400 tons; of t^baa grades in liaroh
and 200 tons is what we have set up for AprlK
Our total common lead producnrii will bb About 1,000 tons lew eaoh aonth until ww again begin to raeelve Bast Heleha bullion. te asu only producing 1,400 tons in March because 700 tons of the Tooele ballisVoontalaed about Ijl biaauth. This ia being set aside for white lead anodes.
Battery Plata a
// \\ \>
Battery plataa continue to be dehroe due, we believe, to the dealers being
inflation minded. At the present writing! we have about 700 tona of platea on hand
whioh we will use on a .Residue yurnaoe rqni which is scheduled to begin on April let.
Tour
h<
basis similar to/tbbeuosidiaa pi
oceed to treat buttery plataa on a subsidized high coat lead producers, will be appreciated.
ZXSC OXIDi DSF. press!
a four months this situation; X purchased a year's
Malta prises remind ua that va purchased approximately ranging between 4* and 4-1/4* per pound. In reviewing that a considerable savings could have been made bad we asrep, whiah was readily available shortly after Y-J Day.
The recent wave of strikes in non-ferrous metal plants and the settles ent of the steel strike, with the probable resultant increase in use of aino for galvanizing purpoaea, suggests a poaaible temporary extreme shortage of tine, whioh may affect BcrSip prieda in the second quarter of this year. When the strikes in the non-ferrous metal plants Ore settled, the situation will no doubt reverse Itself.
PNTCQ0009416
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PNYC00009417