Document v1Qq7qGKEbjeOLmVqL9q7z7Z9

PLAINTIFFS EXHIBIT W C D -241 itropolitac 'filie Co., tw . 77 River Street Hoboken, New Jersey 07030 March lo, l70 Attn. Mr. Peter Oixby Otar Pet: The eoothly operatili tateaeot m operating esponies you prepared and gave out in our eeetiig last Wednesday ie certainly very helpful for it done giv i a true, actual picture of operation# for the ntb. You stated you would continue to prepare these each month and which I trust you ill do. The month of F> b ruary Eur*-ly nust ii^vt been our busi onth so far and pet X hope can he improved upon, in work* n i it around a little differently than you did M i adding the tonnage produced that m m not sold (inventory), I eoe up with the followings CWryTAH Sales 460 Ton + ,. MU T ITALIAN Sales 3J Too Actual Production 4J T - 345 T St5 T Continued. .. FM-WCD-MOR-KAN 0002322 M e tro p o lita n i'alo Company. In c Kr. Pvter BUtby Much 10, 1970 2. Direct Plant lixpe^nae fi5,S5S.0O Burden (Insurance, T a m etc.) 4,232.00 Depmlatloi 2 ,66?.00 Cost pet Ton $ I7 .2 4 /T 4.80 3 .0 0 $25.04/7 W ith t h is coat p e r ton ii^ e x e : Canadian Ore ite ra tin g Cost Bags 8 Pallets $25. */T mz.m/t 25.04 ' 7*^0 * $54.04/T It a lia n Ore O p e ra tin g C o st Bags 5 P a lle ts $S2.00/T 25.04 * 7.00 * $112.04/t Tbs Canadian sa le * w ith t h is k in d o f c o s t concerns ae and e s p e c ia lly when th e s a le o f #4602 to N e s tle ce a se s, w hich a t th e $70.00/T fig u re h e lp s g re a tly in a ve ra g in g th e o v e ra ll s e llin g p r ic e , t h is b rin g s tip th e p o in t o f why we have o n ly produced $4 to n s o f M etro #1 d u rin g Ja n u a ry and F e b ru a ry, fo r w ith a p ro d u c tio n o f Canadian o re in Ja m a ry o f 366 to o and 540 te a s in F e b ru a ry , i t w ould seen th a t we c o u ld have p ro * d o n e th in g lik e 100-125 to n s d u rin g th e se tw o M onths. W ith th e s a le s p ric e o f $92.$0/T on t h is p ro d u c t, i t co u ld h e lp sonewhat a ve ra g in g th e s a le s p ric e and p a r t ic u la r ly wh^a th e N e s tle b u sin e ss d ro p s o f f . C ost of P ro d u c tio n , w h ile I re a lis e th a t fig u re s speak fo r them selves, it * s h a rd f o r ne to b e lie v e th a t th e d ire c t p la n t expense can anount to a fig u re o f $17.24/7. So in b re a k in g down t h is fig u re s I cose up w ith a fig u re o f about $14.50/7 s itb o n ly u s in g th e M ajor expenses. FM-WCD-MOR-KAN 0002323 Metropolitan Tele Conffcaay, Inc. mt* rt6tor Eijtfay Herch 10, itl Time 3. Averting January sad February: Code 6.1b Repairs Si,465.00 about 41.70/T Gross Payroll $d,601,uQ about ylQ.Ou/T Pot Ton Cost $i4.5Q/T the major portion of this $14,50/1 cost 1 tha $1 0 .0 0 /1 figure on payroll. 1 ^oeld lilts to have your vies on this ex pens*. 1 Could the production figure per nontft be higher than the 68$ tons with this m m m gross payroll? M * Are wo over staffed, or is ttere any say of reducing this payroll figure? ..lie I*ve already mentioned that February figures were quite an inprovsawmt, we all know that we have a Icam way to jo before we can feel that Metropolitan Talc Company is a sound Investment for both parties* L>incoxely, CSC/gb Ctt* IviiSi Clarence 8* Clark FM-WCD-MOR-KAN 0002324