Document rBbBe3MRbMgOJ4RjRw591g6X0
In t e r n a t io n a l Sme l t in g a n d Re f in in g Co mp a n y
East Chicago. Indiana
C. E. JOHNSON Plant Manager
February 10th, 1945
Mr. Frederick Laist, Vice President International Smeltg. and Refg. Co. Room 1720 - 25 Broadway New York 4, Nev; York
Subject: Dear Mr. Laist:
Estimated Cash Requirements
Y.'e are attaching the Estimated Cash Requirements for the East Chicago plant for the six months' period ending July 31st, 1945. A total decrease of $196,180 in cash requirements i3 shown and accounted for as follows:
Lead Refinery
- Increase
Zinc Oxide Department - Decrease
'White Lead Department - Decrease
Total Decrease
$ 122,700 24,080
294,800 $ 196,180
The increase in the Lead Refinery is due to anticipated increases in the purchase of custom metals.
A reduction in the amount of custom metals we can obtain is the reason for the decrease in the Zinc Oxide Department.
The shutting down of the White Lead Plant, made necessary by. the limitations placed on the production of white lead by the War Production Board, has resulted in the large decrease in cash requirements as shown above. We shall be able to produce white lead for only two months of the six months' period covered by this report.
We hope thi3 information will be helpful in studying the attached report.
GEj/bm ends. cc: Messrs.J.R.Hobbins
INTERNATIONAL SMELTING AND REFINING COfl ANY
LEAD REFINING DEPARTMENT
ESTB'-ATE OF CASH REQUIREMENTS - SIX MONTHS ENDING JDLY
EXPENDITURES Pay Roll Account
FEBRUARY 1945
MARCH 1945
APRIL 1945
MAY 1945
V 18,,000 C 27,000 3 20,000 J 20,000 v
Salary Account
9,000
9,000
9,000
9,000
Material and Supplies
14,000
19,500
14,500
17,200
Custom Metal Purchases
249,500
160,000
160,000
160,000
Freights Inbound Bullion (Tooele
15,600
17,200
15,100
14,500
(bast Helena
7,500
7,500
7,500
7,500
Outbound Lead (Tooele
6,800
5,400
2,500
5,400
Uo C K,, Co,
2,500
2,500
2,500
2,500
(Refinery
1,500 500 500 500
Taxes
6,800
Insurance
Contract and Construction
6,000
4,000
1,400
Discounts Earned
100 lL-i) 100 150
Miscellaneous Plant Expense TOTAL RECEIPTS
Miscellaneous
6,,0C0 4 355,900
6,000
0 258,250
6,,000
A
V
245,500
6,,000 5 240,250
O2
4,000 ;?
4,000
A V
5,000 0
4,000 0
PNYC00008702
If
INTEiilbiTlON.L SMELTING ,JND REFINING COIIVtNY
WHITE LEAD DEPARTMENT
ESTIMATE OF CASH REQUIREMENTS - SIX I/0NTH3 ENDING JULY
DISDUKSFK ENTS
FEBRUARY 1915
LARCH 1945
APRIL 1945
LAY 1945
Pay Roll
$ 9,000 0 2,500 $ 2,500 $ 6,000 v
Salaries
4,500
4,500
4,500
4,500
Material and Supplies
7,500
5,500
5,500
5,000
Taxes
2,000
Insurance
1,000
r.lscelleneous Plant Expenses
4,000
2,000
2,,CCO
4, COO
Freight
1,400
1,600
1,600
1,600
Commissions and agency Stock Expense 3,,500
3,500
3aoOO
3., 500
TOTAL
$ 30,900 $ 19,600 $ 21,600 0 26,600
RECEIPTS Product
$100,000 $ 26,600 $ 26,eoo 5 26,600 $
LEAD REQUIREMENTS BASED ON COLLECTIONS
1 ounds
194,000
Cost
V 12,400
234,000 v 15,000
234,000 'if 15dCXX)
234,000 $ 15,000
2 v
E0180000DASd
Construction Expenditures included above NOTE; Estimated profit shov.n is exclusive of depreciation vhlcb is not a cash expendit If
i .-7-. >. -...- . .
5*j's9ir&#>ie& :-'v- : ".!' '
v V ^ rnatumal} Smelting atti
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Ea s t Ch ic a g o , In d ia n a
.
Pabraary 8, 1945
to. Jaa* Dickaen, Secretary and Treeanrar
Anaconda Coppar Mining Company
25 Broa4*ay
>'
.Haw Tort 4, H. T.
.
Boar Sirs -
.
... -
; . * ' : , W ara enclosing Xqtistata of Cash Saqutroaanta for th*-.' , T'v
,'Zlao Ozlda Dapar-taent flr period Tabronry, 1945 .to July, 1945, *14 ;;y*:
;has the approTal of Mr* Johnson* '
-ffc\
v ` The Hactrolytle Zinc and Zinc 'Itroan.Bcq.niraawnta* not v^S
Included In this atet sit, *111 ha ac followas i .
- * *>
'v'^-TV--- ' SLSCTOITTIC Z3B0 ' ' .
'
POUNDS
. AMOUNT
' ZXHC DB0S3 '
-''C -
POUNDS
AMOUNT "'^V :'r t /-''
Pebroary, 1945
520,000 # 40,500
V. 300,000.' 12,920 * i' V
March V
433,000 37,400
300,000 ' 12,920
:
!
April ' ' - -
' . '
. 150,000 - 6,460
" - . :
Kay ' - .
'-150,000 . 6,460
'1 Y '
Jnna'; ;.;v . \
600,000 46,740
` -
July-:V
. '
-
' r - - ' - - ______ ' : .
. :
1
1,600,000 f 124,640
900,000 $ 36,760.t ''
pay Rolls
A^fi
INTERNATIONAL SMELTING ANT/ REFINING COITANY
ZINC OXIDE DEPARTMENT ESTIMATE OF CASH REQUIREMENTS FOR 3K MONTHS ENDING J
FEBRUARY 1915
MARCH 1945
AFRXL 1915
MAY 1945
3 13,000 5 20,000 0 13,000 3 15,000
Salary account
9,000
9,000
9,,G00
9,000
Material and Supplies
9,000
12,000
12,000
9,000
Taxes
1,800
Insurance
50
Freight on Zinc
1,900
2,400
2,400
950
Freight on Oxide
5,400
5,200.
5,000
5,400
Miscellaneous Plant Expense
5,000
4,000
2,500
2,500
Selling Expense (Exclusive of Salaries) Commission on '.Vhite Lead Sales
3,0CQ 3,400
3,000
3,000 3/100
3,CC0
'.Varehouse Stock Expense
400 400 400 400
Custom Metal Purchase
59,000
57,000
57,000
45,000
Supplies used, not replaced (Retorts) TOTAL
SCO 0 102,100
RECEIPTS: Zinc Oxide Sales and Other Material
$ 78,000
Estimated amount to be collected by Anaconda
Sales Co,,, New York, for sales of Slab Zinc
produced at this Plant;
Pounds
300,000
SCO v 109,400 3 91,000
400,000
3 102,700 0 85,000
400,000
.J 66,900 3 80,000
400,000
Amount
-,i> 25 ,, (XX) 3 33,500 0 33,500 0 33,500
MOTE;
The above figures include v 4,392, for Construction and Equipment, /n estimated amount of 3 4,000 far Zinc Residue produced for Raritan Copper iiork New York Office0 V/e estimate an increase in inventories during ubove period of # 50,000.
PNYC00008705
INTERNATIONAL SMELTING AND REFINING COJTANY LEAD REFINING DEPARTMENT
ESTIMATE OF CAS3 REQUIREMENTS - SIX MONTHS ENDING JULY 31, 1945 DETAIL OF METAL RECEIPTS. RECOVERIES AND CASH REQUIREMENTS CUSTOM METAL PURCHASE ACCOUNT
ESTH.'ATi'D
LEAD
SILVER
GOLD
TINS
RECEIPTS RECOVERY
COST
RECEIPTS RECOVERY
COST
RECEIPTS RECOVERY
COST
FEBRUARY,, 1945
o East Helena Bullion 700 1,333,,700 1,589,500 i 72,300,00 52,500 53,,500 v 37,100,00 175 175 & 5,9C0,00
Custom Me tala
1..590
2,435,000 2,375,. 100 134, COO..00
2,200
3,829,700 3,751,SCO 205,200,00
52,500 52,,5C0
37,ICO ,00
175
175
5,900,00
MARCH,, 1945
East Helena Bullion VCO 1,333,700 1,383,500 72,300,00 52,500 52,,500 37,100,00 175 175 5,900,00
Custom Metals
500 612,,000 791,700 44,700,00
1,200
2,205,700 2,191,200 117,000,00 52,500 52,500 57,100,00
175
175 5,900,00
APRIL, 1945
East Ueler.3 Bullion Custom M.etuls
700 500
1,200
MAY, 1945
East Helena Bullion Custom Metola
700
500
1,200
II II II
!1
II II II II II II
11
II
11
II il
11
1,533,700 1,389,500 812,000 791,700
72,,30) ,00 44,,700.00
2,205,700 2,181,200 117,000,00 =:= ====
52,500 53,500
52,500 ==--=
52,500
1! II
II
l| II
II
37,100,00 37 ,,100,CO
1,S>3,700 1,399,500 812,000 791,700
72,300,00 44,700,,00
2,205,700 3,181,200 117,000,00
52,500 52,500 52,500 ' 52,500
37,100,00 37,100,00
175'
175 5,900,00
175 =-- .
175 5,900,00 ========
175 175 5,900,00
175
175
5,900,00
XGHE. 1945
East Helena Bullion 700 1,393,700 1,369,500 72.300.00 52,500 53,500 37,100,00 175 175 5,900.0
Custom Ketels
500 612, OCX) 791,700 44.700.00
10200
2,205,700 2,181,200 117,000,00 52,500 52,500 37,100,00
175
175 5,900.0
JULY. 1945
East Helena Bullion Custom Ketals
700 500
1,200
1,393,700 1,389,900 612,000 791,700
72,300.,00 44,700,00
2,205,700 2,181,200 117,000,00
52,500 52,500 52,500 52,500
37,100.00 37,100.00
175 175
175 5,900.0 175 5,900.0
TOTAL SIX i'OKTHS
East Helena Bullion 4,200
Custom Petals
A,. 000
8,200
8,362,200 8,337,000 0 433,800,00 315,000 315,000 $ 222,600.00 6r426,,000 6,333,600 357,. 500,. 00
14,858,200 14,670,600 '; 791,300.00 315,000 315,000 $ 223,600.00
1,050 1,050
1,050 35,400.00 1,050 $ 35,400.00
Lead Sliver (Domestic) Gold (Tres3. Dept.)
650s( Fes York 70,62tjgf Foreign
5 35,00
44,755;
m*r-
j INTEHNATION.U, SMELTING AND REFINING COMPANY Ll'MD REFINING UEPAKIMIUT
HALT CHICAGO, INDIANA ESTIMATE OF PRODUCT!OH AMD ALLOCATION - FEBRUI?y. 1945 TO JULY. 1945, INCH);LIVE
REFINERY ACCOUNT
TONS
LEAD i'OUNDS
GILV1R GOLD
CHARGED PIG AUTIMONIAL OUNCES OUNCES
FEBRUARY. 1945
( ')e\e - Low Blanuth ls450
Tooele - High Bisouth
Last Helena
700
52,500 175
HerItan
50 22,000
Custom Metals
1,500 1 ,,00,000 875,100
SHELTER ACCOUNT
RARITAN ACCT.
LEAD POUNDS
SILVER GOLD" SILVER GOLD
ANODE PIG
OUNCES OUNCES OUNCES 1OUNCES
ANACONDA ACCOUN LEAD POUNDS
PIG ANTI MONIA
2,856,500 123,250 l,,125,000c
435 50,000 115
1,211,000 178,500
!
i8
i fr* i to"
TOTAL
MARCH. 1945 Tooele - Low Bismuth East Helena Hariton Custom Metals
,500,000
CCXCS It IB^^S=St = = =
1,600 700 50 500
500,.000
897,100 52,500
6B=CCCC
22,000 291,700
53,500
175
K3S
175
3,981,500 123,250
osenettte r**sSBE
435
see
50,000 115
ncr.r.s ex =
1,211,000 178,500
ct===nccr. xrxxxxrtx
3,152,000 136,000 480
1,229,500 160,000
50,000 115
TOTAL
APRIL, 1945 T-oele - Low Bismuth
jele - High Bismuth East Helena Raritan Custom Metals
2,650
SSstXSsS
750 650 700
50 5a)
500,000
e==c=s=
513,700 52,500
cssar=s sss^s .=
175
see
500.000
52.500 22,000 291.700
1 ,248,OOOb 175
3,152,000 136 ..COO
1,477,500 63,750 55,250
480
=LS =
225 195
50,000
-==
115 '
c -
1,229,500
;=tc = sti;e-i = r:
160,000
50,000 115
1,229,500 160,000
TOTAL
Mh Y. 1945
Tooele - High Bismuth
East Helma
Rarl tan
1
Custom Metals
2,650
*= = = -*
1,350 700 50 500
500,000
==ss=rs
313,700 52,500
Rsrtu s:?:*: oisrrs
500.000
52,500 22,000 291.700
175 1 ,248,000
sss O rsricnsmir
592,000b 175
1,477,500 119,000 2,000,,000c114,750
420
(CSX
405
50,000 110
xxxtrrte r.fa
50,000 lib
1,229,500 160,000
-:BCC=r.3> pitcKftr.i:
1,229,500 160,000
TOTAL
2,600 500,000 313,700 52,500 175 592,000
2,000,TOO 114,750 405 50,000 115 1,229,500 160,000
Tooele Low Bismuth 1,600
3,152,000 136,000 460
Tooele - High Bismuth
920,000d
East Helena
?00
52,500 175
Raritan
50 22,000
50,000 115
Custom Metals
500 500,000 291,700
TOTAL
JULY, 1945 Tooele - Lot; Bismith Tooele - High Bismuth East Helm a Raritan Custom Metals
TOTAL
TOTAL SIX MOKTtlS Tooele East Helena Raritan Custom Metal 8
2,650 ===
500,000
212,700 52,500
RSKftCKB BSSCSm
175
920,000
cnecscc
1,600
920,0004'
700 52,500 175
50 22,000
500 500,000 291,.700
2,850 500,000 213,700 52,500 175 920,000
sat::
Bnc=5a
9,000
3,660,000
4,200
315,000 1,050
200 132,000
4,.000 4,000,000 2,,333,,600
3,152,000 136,000 480 50,CCQ 3,152,000 136,000 480
50,000 3,152,000 136,000 480 50,000
16,915,000 765,000 2,700 300,000
11.5
115 115
p-c
690
TOTAL
17,500 4,000,000 2,465,600 315,000 1,050 3,680,000 16,915.000 765,000 2,700 300,000 690
1,229,500 160,000
3 1
1,223,500 160,000 6
P
3
1,229,500 160,000 1
1,229,500 160,000
pncecne
6
20 7,359,500 978,500 8
6 7,358,500 978,500 35
a - Betts Production from natal in storage, b - Metal to Storage for White Lead c - Metal to Storage for Botta d - From nstel ir. Storage,
If