Document q398e9kN2ydrzZ2NXaZjNd2mM

UtiUri LIA 15 75 3 StwMMi LEAD INDUSTRIES ASSOCIATION, INC. NCW OM IT, M. V. L.I.A. STATT REPORT - 19&3 Mbnt L. Zi*{filt( mcutlw riot president and the L.X j l trt Robert L. tlagfeld, executive Tie* president end treasurer last year at this tlaa X asked each of oar staff to toko pea, figura tively, Into the office far a few ainute# and try to (It * 70a a first band vlev of That |o m 00 there la a typical day - the prohlaos that trlM, bow they ora art, and wbat we do for our wonay. X hope, at laoat, that you got tha lspressloc that wa oraa't Just sitting oa oar baoda, that va ara tha lafanotlan and aarrlea canter for anyone who la using 0 Bala yaor X bara asked for a dlffarant approach la ear etaff report to you. X want thaa to tall you of tha broad, planned pregran to Increase tha uaa of load that va ara conducting and of the najor responsibility of aaeh In carrying out thla progrea. tot that there isn't a food deal of overlapping In raapccalblllty. Thera la because of our aaaU Blaa. wa cannot hope to cover awry activity la thla abort tlaa. Shay'll do their beat, however, to five you aembera a clear picture of what yow la ball* (past for. But before we go to tha itaff report, X'd Ilka to give you uy pblloaojhy of tha Job wa have to do. 80, at tha rlak of being repetitious, X wont to read free the Introductory reoarka la ay printed report which baa already bean Ballad to you. If you've already read thaa, eo ouch the bettor bat plcaaa bear with wa. Attached la a eoncvhst detailed report of the expanded prcaoticual, aftvertlalng and technical service actlvltlee of the L. I.A. la 1962. It le well-nigh lapoealble in any such report to give a eaaplrte picture at all tha diversified actlvltlee of the staff. Suffice It to say that It la quite clear that tha Aseoclstloc's progress have resulted In a brood hew interest In lead In sany fields, have established L.X.A. aa a tech nical canter of Infomatloe and help on the use of lead, and in specific areas have contributed to substantially Increased applications at lead. These steteeests nay seen extravagant but we believe they are euppcrtel by the facta. The cerealc Industries were aaoog the first to receive the benefit of our acre aggreselve proaotlcnal efforts. Xa the five or six years since these efforts began the consunptlan of lead la these industries baa Increased by one-quarter to 00*-third. Despite the aggressive aorketlng of other plgnents, even by lead anufacturers thaw selves, eblpaeata of red lead have renalnad reasonably stable; lost year were the highest since 1959- Sheet lead for architectural applications la a growing narkrt, with antlvlbratlon pads and waterproofing far pools and planters alone now estlaeted la the neighborhood of 1,000 tens a Presented at the 35th annual neetlng -- Lead Industries Association, Xhe., teefca Hotel, Chicago, minds, April 89, 196). pa immmum wmmmm. ippipi^BWPBJiiiMfWW^^imui'.ll. WWI Jjpp|pi|) LIA1575A MiiBteili*ajeil*aM*iaM'wrr rlilnifiaaitetiiiiinrw'itiiTlilliiiiiiiriin'rniimi,'i. Instead of thinking at am arterial* first tad load as a last resort, m daalca engineer* ere Miring lay the hundreds at tba outMt Kbit laid o ds for than. W* b*11eve that tbi neebers and dlractars of tIJL, with tba eer**1* guidance of tba Industry Pa?alojaezit Ccedttee and other ecnlttaas cbargaA with specific responsibilities, bava vluly cboaan a c o u t h at ;*< narketing efforts, that If these efforts are sustained lead ooosuaptios will tala oo a nev lock, and that already substantial results can be traced. Ve be11ere that the salvation of the industry, far froa lying nth tba development of nev products and aaraeta alone, leans very hsartlj on aggressive and intelligent narketing of existing products to taka ad vantage of today's conditions. took at a fev exanples. Share la nothing new In tba use at lead la oersadcs, but cerealc are finding new applications every day. Xaad Bust be kept a part at tbeea nev applications like porcelain enaaelled sV--TM and electronic ceracica. lb# use of lead far veterproaflng is andsot, going back to Brman baths, but architects are Just bfirmi*g to laaa heavily toward reflecting pools, fountains and planters to give character to plain and staple buildings. Lead waterproofing oust be Bade standard practice against the ccnpetltlon of nekbranea and other astala. AntlE vlbratlon pads have been used for nearly a half century, but as---------1-----ntts of the bad effacta of vibration grate engineers aust be aede aware of the fact that lead can help that. Autonation In industry is ever Increasing. If battery power la to get its share of the huge aeterlals handling narkrt, its advantages aust ) be widely told. Aecopiltiou by engineers of the noise protolea gives | batteries a big selling point. Just as It does the use of lead for sound proofing. r Tbew# ere Just exaaples. It sees* that the opportunities exist to expand (sir aarkets substantially sod that ve have the products to do It. What we need la the ability to recognisa these opportunities as they occur and the courage and conviction to tell our story In the right way to the right people at the right tlaa. Ue believe the Industry has aada a good start in doing that. Bov far a ascent I'd like to svltch to y Treasurer's hat era! briefly stmarlze oar audited financial stateaest, also already --^1 -d to you. At the end of 1962 L.I.A. had total assets of $606,000, of vhlch $lW,000 was In the Daployee'a Pension Fund and practically all of the rest la operatic funds. All of the Pension Plan acoey i in savings accounts, as wall as $178,000 of the operating funds. Total reserves at the beginning of 1962 were $561,00C, total during the year $815,000, total expense* $775,000, and total reserves at the year and $603,000, shoving an s x c c m of inccaa over axpenaea of $k2,000. "w i' ityppiwiiiiiy MjWffjw-pp LI A157 5 5 jjfaMhaaiaiiaMilii^'rtfri^rt rTuTM^iT p p "i t Stla la broken dean aa followsi Baaarras at beginning of I960 boons during 1962 Kxpsoaes during 1968 bssrraa and of 1968 Access of boons orar lfrpanaaa Oaaaral nod 100,000 *65,000 *01,000 8**,000 6k,000 Kxpaadsd Research Pragmn 250,000 533,000 578,000 eu,ooo - 39,000 Tension Tund 131,000 17,000 nans 1*8,000 17,000 be MMiiMiTy large u mii af lncane orer expenses In the Omni Fund mi occasioned by delays in producing certain publications far verloas rmioci and la nearly all ssnarksd far ue* In 1963* The deficit In the Research Fiods ni prompted by the desire of the Directors to redoes to- serres to a sore noderats figure. If there are no questions, vs'll pceased to tha staff report. ig ipwfwi i p w Mnuwmiinp. h i iiiih i.myinjipjffnw