Document pmjqEdmReKv1N5opm2n6k99r7

June 7th, 1946 Ur. F. 0. Case, Assistant to the President Anaconda Copper Mining Company Room 1860 - 25 Broadway New York 4, New York Dear Mr. case: In reply to your letter of May 29th to insurance coverage at East Chicago, we are attachii dun from Mr* Stolte, which indicates the items core 000 Insurance. This is the seme figure shown on the Suamary page Stolte's letter to Mr. ^Gunnell of Kay 22n^~Ta4 will note the June 1st In Frooess, Finished and Suppiie a/infen' s are in the amount of 278,500 as compared with the $0,000 i rage. The following tabul finished products on June 1st the estimated inventories of th: Zinc Oxide. Cry White lead Lead-in-Oil Lead SulpfesJrL^ ( I564 \\l31 V58 \\7alue\ > 198,300 / 2,000 /A1,100 7.300 $138,700 June 30th Tons Talue 764 331 none non* $133,000 55,000 e $188,000 The above Iflgures show an increase for June 30th, rather than ttie reduction/you suggest. The explanation for this is that in order Vosspeed upAne closing down we are running at accelerated rates of produu%lar~*rch in the eases of each of the pigments will be 200 tons in excSB3"of estimated sales. Me should also like to point out that the above tabulation does not include agency stocks, since those stocks are. covered by a separate "Floater" policy. We do not have all the May reports from the agenales. However, we show below the May 1st inventotiss on hand at agencies and our estimate of what June 30th inventories may be: I Mr. I*. 0. Casa - 2- June 7th, 1946 Zinc Oxide Dry White Lead Lead-in-Oil May 1st Tons Value 333 $33,200 15? 19,500 82 12.300 $71,000 June 30th Tons Value 300 $35,300 125 15,500 50 7,500 $58,300 Yesterday we ware adrised that the rail restriction on the use of hox oars, because of tt these restrictions continue throughout June, we entorles of 1,200 tons of zinc oxide and June 30th at East Chicago rather than the the first tabulation. ads hare announced a grain shortage. If probably haws in>f white lead on 331 tons shown in GEj/aa /end. cos Mr. I. Laiat