Document vB5GL9oN5rq3ygdX8zQKZYaD8

y WSJjWB. iHun:mift^jyp^Mg'g,<i^ MB'ii :? LIA22111 V*t4. LEAD INDUSTRIES ASSOCIATION aao umMOTOM av c n u c N*W row IT, N. Y. April 9, 1952 To Moabors of tho Load Industrie* Associations SUBJECTt REPORT 0F StSCRSTAKY AMD TOItSOROt Enclosed pleas* find Report of the secretary and treasurer for tha Tanr 1951* to bo prosanted at ths Annual Rueting to ba bald on Friday, April 18, 1952, at tha Drake Hotel, Chicago, HI. . - Very truly yoora, 'X/ * a^ Secretary. * t:^.ir............. WjL , i_ ' naan >CTSi^aiy>aijiwisMwsjaaB^ywwHsqr'waBwaw'warw^ejrw - ""i' WW.nr".7 .j|iWi>j | rn gvrzjtftmmwm J<' WUHiBtWjM JljjW? HP!... . : iU.ilJii JM.I9HI " 1 LIA22112 s y ) } 1 j o i `? i ! *13 1 * M Annual Meetings April 18-19, 1952 REPORT OF THE SECRETART Summarising the Activities of the l>td Indus tries Association For the Tear 1951 Certainly the lead InAjstry, like cost all industries, was faced with a multiplicity of waxing problems in 1951. *fe fcellcwe that the Association once again proved itself of invaluable assistance in meeting tuny of these problems. In so doing we further beliewe that the Associa tion f.cnpleted the year in as strong a position ss it has ewer enjoyed - in number of nenters, in finances, in prestige both soon; its Beaters end on tho outside. . 3hlle meeting tne emergency problems of the nooerrt, the Associa tion also Daintained its efforts to acquaint users and prospective user* of lead products with their advantages end how best to use them. The wisdom of these continuing activities is proved by the recent change in the lead market from shortage to plenty. Some of those activities have met with outstanding success. Each day brings evidence of the wisdom of esteblishaent of our Safety and Hygiene Division as a full-time activity a fow years ago. It has aided In the solution of problems of toxicity which nllitste against the use of lecd and the medical research which it supports has brought tbe industry much good alii. There la much mere that it can and should do to educate the medical profession ar.d ethers in the diagnosis and treatment of lead poisoning and in the proper bundling of lecd and Its products. Titheut Bore work in this direction It seems impossible to correct the vast amount of adverse publicity, often unfair, to which our industry is subjected. The sucoess of operations of the Aasocittion during the past year is, of course, largely dependent on the excellent w.d unselfish co operation of our itenters. This has in cany eases required that psrsonal dc'ires be set aside or modified. -le ore deeply appreciative of this attitude and of the time and thorght and effort put into the Association by its officers, directors, coaslttee members and members in general. Te are also proud of our staff and wish to express sincere appreciation of their efforts during tba part year. Following are the details of our 1951 activities 1 'I1 1' i ' IL' N 1785.01 -,H .n-Mgppn ipwppjW3MBPWj*igWWM '' . WjMP*s*f WgpWKgWPgyi n ^JU^CT* WJ `vl ''-*' ......... ' . LIA22113 Ml Mfa ^ i Annual Keetlngi -2- 1.|_ a ,_ .j l il --ix ! April 15-19, 1952 lOGtr-SHIP Ai of Decmber 31, 1951, the Association had 62 regular and 7 associate members. Three new members were added (Airing the year. One is the 'Western Lead Products Company of Los Angeles. Another is Anaconda Copper tiring Conpany, which was an original member through its sub sidiary, International Smelting and Refining Cocpeny, but ahich in 1951 expanded its membership through the parent conpany to embrace al 1 its lead operations. The third is the Hetala Refining Company, of Hamaond* Indiana, a new company organised to take over the lead operations of a predecessor company of the same name idilch had long been a MBber at a subsidiary of the (Hidden Compargr. One member, the General Lead Manufacturing Compwiy, ni lost numerically th-ough its abaorption by another member company. Current membership list Is attached. STATISTICS min 11 I'li^iiiipwm^eswe^wmrpTOflwriww* There were no changes in the regular statistical services of tbs Association during the year. Special statistical information has been provided Government defense agencies on request from time to time. Be have still been unable to Inaugurate a simple ana prompt secondary lead statistical service, although most members have been cooperative, because the coverage is insufficient. Efforts to provide such a service will continue. AMM3AX KEETUP The 1951 snnial meeting was held at the Biltmcre Hotel, Rev fork, and again was highly successful. Attendance was approximately iLO. At this meeting a resolution was adopted urging the Government to establish a more realistic celling price for lead in relation to the world market and proposing suspension of the import duty on lead, with certain safe guards, during the emergency. Both recoemandations were later adopted by the Goverment. . oorrjfigyr r s u t ims The Association was able to assist in eventual adoption by the Government of the policlea aet forth in the resolution mentioned above. i It was also able to assiet In obtaining permission for manufacturers of : 1 lead products to pass cn the Increased cost of the higher ceiling price for lead, Kany interpretations and clarifications cf Government orders < have been obtained for member*, both individually mid as a group. i !7e have attempted to keep all Government agencies properly ii>formed of the lead situation to avoid ill-considered controls and sub stitutions. This has involved contact not only with the Lead Brwichea of K.P.A. and O.P.S., but also other branches dealing with paints and other products containing lead end with other Government departments such as Army and Navy, vfcich specify and use load products, Be hgve resisted effort* at change* in Government specifications, made in the guise of emergency, which wjuld have militated against the us* of lead products. if * ' mjj1 .' iyg^>iu|j>Hpif*1 *g*M*jwjuji >i 1,11111 mapi.iiuii.wny uwmu; / .. .. .... J i--\ - . . ' LIA22114 f/ r L r-v : lr ' i 3 j ", 1 ; * ; 1 -*r Annual Meetings 3- April 16-1?, 195* A great mount of time * spent with technical personnel In many Ooreriuent agencies involving the uae of lead both in tho defense program and in normal activities, Theso included. In addition to ths defense end military agencies, the National Bureau of Standards, ths Atonic Energy Comni salon, the Fublic Buildings Administration, tba Federal Bousing Authority, the Bureau of Bines and others. The Association also used its best efforts to have load released fro stockpile, as an emergency measure only, to relieve the sztrcM temporary shortage in the fall, an action subsequently taken by ths OoVermont. BUUJJIH3 A3CD TOHJCATIONS The Association issued 39 defense Bulletins in 1951 to aid In keeping members informed of Government orders end other actions affecting their operations. Six Information Bulletins were sent to members to post them on general lnfoiwatloc about the Association, or the industry that might not otherwise coae to their attention. Only two Issues of LEAS were published in 1951 because of ths shortage of lead existing throughout the year. This is circulated to about 35,000 users and potential users of lead. T71th load now In good aupply, it may be well to consider e more frequent publication schedule. Other publicition? are mentioned under the sections of this re port dealing with specific promotional programs. LEAP HTGiag were i Among the acre important activities in the field of lead hygiene 1. Support of the study of childhood lecd poisoning at the Children's Hoapital in Boston was continued. Enough cases have now been studied so that an lnformatlvt report nay be expected before long. 2. Arrangements have finally been completed to start a study of chll&iood lead poisoning at the Johns Hopkins University in Baltimore about July 1, 1952, and suitable personnel has been secured. That city has long been a hotbed of adverse publicity on this subject. 3. As Independent study of chllchood lead poisoning has been started in Cincinnati i.ith laboratory work conducted uiider the super vision of Dr. Robert Kehoe at the University of Cincinnati, It, Childhood lead poisoning continued to be our most trouble some problem and the cause of much publicity, Its have aceiaaulatsd hundreds cf newspaper clljipings on the subject. It is evident that these casaa caruiou be run down individually, case by case, idth any hope of curing the situation. An overall broad approach of education of the medical profession, education of parents and ether protective measure* stems essential. wwr -eSSwrwv i | | | | ^ | M | ' a tlm u MU' rn H ill II HJL.U-1 tH'I^miipp -~HW(g .* wwiiawypq* _ -- - -. ut,wMKiww,iwi; |h j .\j i mm m LlA22i15 m - O Annual Meeting! -i- April 16-19, 1952 5. *Ta hire encouraged improved chemical and laboratory facllltiaa for the determination of lead absorption wherever possible to prevent misdiagnoses, In the past year the Cleveland Clinic has provided such a laboratory "1th personnel competent to aid physicians in lead diagnosis. A new clinic, rrith similar facilities, is being constructed at Salt Take City and serious consideration is being given one in the Dew fork City Health Eepartaent, 6. Preliminary atcpe were taken, with the cooperation of members who sake lead compounds, toward uniform warning labeling of theae prodkicta, as a result of two states that already have labelli* laws and others that contemplate them. 7. He are serving on a committee sponsored by the American Standards Association to study the broad problem of childhood hazards, including a standard for *safe" paints to usa on children's furniture and toys. 8. Ve have followed closely developments in the use of "ETTA," a new chemical compound that gives indication of value in the treatment and perhaps the prevention of lead poisoning. 9. The study of the safety of red lead paint for water tank Interiors was continued with wholly satisfactory results and has led to removal of an objectlonal paragraph in the Federal Specification far thote paints. 10. A study of the dermatological effects of lead stabilizers for plastics was financed at the University of Cincinnati and a report of results provided interested members. 11. Tuwity-one hygiene and safety bulletins were issued to sobers In 1951. Of these, 16 were a new series of legislative bulletins list ing state and redcrel legislation introduced which might be of interest to members. A survey at the year-end indicated that moat members found this service helpful and wanted It continued. 12. Ir. addition to the special activities mentioned a larga voluae of correspondence and telephone calls i/ltn both members and out sider! has been handled. This la probably the most time-consuming part of the work but is extremely important. 1CTALLIC LEAD FR0IUCT3 PTOSIOg A detailed report of the activities of this Division was sent to lta members on October 16, 1951. The following summarizes that reports 1. Two practical field men have promoted the specification of lead In plunblng codes and Its use in plumbing and water works systema by personal call* on plumbers, city officials, water works engineers and by addressing meetings of plumbers' organizations, 2, They have also promoted the proper instruction in Is ad work of pl'nberf' apprentices in classes throughout tha country. rim ssatmswiii am wsAmaaMsmAdHsmsmkAsamsiim^^ f ii im i i k_ . W-SU*'11 HW'CT r--- -Tini - -Jr T" LIA2 2116 itftUtiHHCMlIi # o j ; * < JIJII9V Annual Meetings -5- April 18-19, 1952 3, "Plumbers' Fonmi," an eight-pnge magaline promoting the use of load in plumbing, is mailed to 26,000 people in the plumbing industry four times a year. b, The Association had an exhibit on pluabing at the annual coo* Tsntion of he National Association of Kaster Plumbers, 5. In cooperation with the Red Lead and Wilts Lead E4visions, this Division sponsored a traveling exhibit on le ad in building construction among 15 leading architectural colleges, 6. The booklet, "Lead in Modern Plumbii^* was reprinted, bring ing the total circulation to nearly 25,000. 7. Pour articles on the performance of lead in contact with certain corrosive chemicals were prepared and published in the Corrosion Forum Section of "Ohmicel Engineering.* 8. A cerprehensive article on "Hew Developments Expand the U*s of lead Construction* was prepared and printed in "Materials and Methods." 9. Reprints of the foregoing articles were circulated to members, to chemical engineering colleges, chemical construction companies and lead burning contractors. 10. A section on the performance of lead in contact with all common corrosive chemicals is being prepared for publication this year in "Chemical Engineering* and reprints will be obtained for circulation. 11. A new book "Uaterlale of Construction for Chemical Process Industries* was published by IScOraw Hill Publishing Comparer and save favor able treatment to lead based on data supplied by us to "Chemical Engineer ing* in the past. 12. A lecture on "Lead as an Engineering Material* waa delivered to 100 graduate students at the Newark College of Engineering. 13. A stiff member was appointed to the Prating and Soldering Coemlttee of the -ocrican Welding Society to prepare the soft soldering seotion for a Manual on Brstb^ and Solderin'. Representatives of four older manufacturing members were appointed to t special conmlttee to work with his in tho preparation of this section. 1L. Installation of lead flashing on the Bedel home constructed by "House ?eetittful" was completed, following our drawings snd specifi cations and under our supervision. 15, A numbor of articles on lead pluabing and load chemical In stallations were prepared and published in the Association's magatine, Lead." If, Housing Bulletins, listing public and military housing projects as announced from "ashlnjton, './ere circulated to members, in addition to other bulletins containing pertinent Information for the Metallic Lead Products Elvie ion. \ , nw. '"" 1" *>t V .. ii it i r.f lUtw^atmatAeMrt^w^mwrB.hirf a.Y.a> I- P- .'Jwqg'JffMr Li***117 >2Jm lilb i u^ilhfaHtiin ..J i 6 , 0 Annual Meetingl April 16-19, 1952 17. The faculty and students of the Metallurgical Department of Tale University were addressed on 'Recent Developments in Lead Netallttrcr." 18. A large mother of Inquiries for assistance In the uae of lead wero handled by correspondence, telephone and personal contact. 19. Liaison with all the principal technical societies dealing with metals was maintained by the staff. 20. A staff member Is serving on s Flushing Advisory Camlttee of the National Research Council to advise the lefense Production Ad ministration on the conservation of critical materials la pitching. Piarens a n d c h e ic /x s d iv is io n This Pirlsion is a merger of two former Clvirions, the %it* Lend and .led Lead vivlitons. The merger was author!ted by the Board, to take effect January 1, 1952, to effect operating economies and for other practical reasons. The acti~itiea In 1951 are summarised her*l RED IEAD A detailed repo.'t was sent to members on November 15, 1951. It Is aumarlxed as folios i 1. A new Red Load Technical Letter No. 6 was published during the year. ' 2. Decausa of continued demand. Red Lead Technical Letter Do. 3 was reprinted. 3. An article on the formulation and application of red lead base primer paints was prepared and published in 'Faint and Varniah Pro duction* magazine. L. A new service, pro"1ding members monthly with lists of people requestin' literature or Information from the Association, was Initiated. 5. Field work with federal agencies, state highway departments, utility companies, paint companies and others Interested In metal pro tective paint* was continued. 6. Conventions of the American Se. iety for Tejtlr* Materials, Federation of Faint and Varnish Production Clubs, and the National Aasoclatien of Corrosion Engineers were attended. 7. In cooperation with the fthlte Lead Dlrlaion, the Red Lead Division exhibited for the first time at the Paint Industry Show, 0. The t-chnleal director of this Division served at secretary of the Joverment-Industry Chromate Pigment Coanittee sponsored by the Corps of En^lneors, U, S. Army. 9, The organisation and subsequent meetings of the Steel Structures Pettting Co'.mcll ware attanoed. . ' a. neu snw in'" *." --m *iw w iw j.wi-yi,wnw.|y Vfwip-yes aw Hf w wee wwr '. LIA2 2116 ^aab Alii Annual Meetings -T- April 16-1?, 1958 10. A lire* nunber of technical inquiries were Kindled, typified by recomendatlone for * painting aehedule for the television ant*nr* creena of the Columbia Broadcasting Syatca on the ftyir* Stitt Building. 11. Inspections end diti tabulations were continued on the 1,500 test specimens it fire different locations in connection Pith the itaoepheric exposure propria started by the Division in 19A6. 12. Inspections were also continued on the two cooperative projects with the Navy and several red le ad paints have so far proved to be outstanding. These are in conjunction with the Norfolk and ftill*delphia Naval Shipyards. 13. As a result a full scale service test of one of the red lead bottoa paints was planned by a amber of the Bureau of Ships for the near future. lA. In conjunction with the Safety and hygiene Division of the Association, field testa of the toxicolo^cal effects on potkble waters of red lead paint netting Federal Specification TT-P-66a, Type IT have been conducted. The results led to en Arcqr recosnendatlon requesting elimination froa the specification of an objectionable clause prohibiting the use of this paint for the interiors of potable water tanks, which has been done. 15. Several articles on the use of red lead paints for various applications have been prepared fer the Association's publication, "Lead,* TCrr* IX.P A detailed report was sent to members on November 29, 1951. It it susesrited as follows t 1. Technical advertlsacenta setting forth the advantage of using white lead in house paints were prepared and run in six loading paint industry trade papers. ..dvertlsenents appeared every two weeks In the :Jr7(IC..N P..1!?T JC'JRUX, sonthly in the C.TICI.L DI.'TST, P.JkT, OIL .'h d c h o c c .-l Rr iri, -ir.TDyj p in t h zt -it t , and p a in t Jto v .j w is h pr o d u c t io n a.dXIKT., and bl-cw>r.thly in OIL, P..IKT .AD DRUG JCPOLTER. 2. A 2&>pa-o book telling the atory of the advertising la ore detail was prepared and attractively printed. This booklet was first distributed at our axhlblt at the Paint Industrie* Show la Novesber, 1951. About 700 copies were handed out there. Innediataly thereafter It was walled to thd J,li00 ceabars of the Paint, Varnish k Lacquer ..ssocletion and the Federation of Paint and Tarnish Production Clubs, An additional 600 were distributed through paint conpaitles at their request, and hOO were cn individual inquiries rcs-iltlnj fro* our advertlieaents and review* in the trade press. The total distributed to date is 5*300. 3, A 12-page technical bulletin containing our recommended forwulaa for house punt a was prepared and distributed with the book prtvlously Motioned. wagwwwaiw tJM ' MlilW I . >* ana mmu>tj5jpsp WEP' - ------- - * - ' a-ui W"Wji iis^p^i mm * v' ms LIA22119 ^-. -<*' ------ ----' -- - - - - - - *- ------- *- - -W.HMKL .. . . Annual Ueetinji -8- ^prll 18-15, 1552 It. In conjunction with the Red Load Division, an exhibit wai displayed at the Faint Industries Show In November to gsln personal con tact with the poople who sake and formulate paints. Zt was highly successful. 5. The technical cocnlttee met seversl times during the year In the preparation of material for the advertising and books. Tt also laid out some needed research projects to develop additional material for future advertising. j>spqctfully edbmltted, SQmeaceraemtaiarpyv ' -------- -- ain.ir m e -ifii*. 1 .................. ^ ^ 1^11;^ -' a m.11***1 r-. ' vvm* .iwiww1 LIA22120 ka '3 sWiAa.. .<.>riiiti#kt April# 1952 is t b er s of t h e l e a d nmusTrizs a s s o c ia t io n Alpha lietala# Inc, Box lA, Bergen Station Jersey City A# NJ. The Aneriean Metal Co*# ltd* 61 Broadw^r Kew fork 6# N.T. Acerlcan Sceiting it Refining Co. 120 Broadway New fork 5# N.I, Anaconda Copper Mining Co. 25 Broadway New lark A# N.I, Bere & Coopany, Inc. Aahland & Lewis Sts. Philadelphia 2A# Pa. Broken Hill Associated 3b eltare Proprietary Ltd. Collins House Melbourne Cl^Au^rrOlA a Broken Kill South# Ltd. Bax 19A-C# O.P.O. Melbourne# Australia Buker Hill t Sullivan Minim and Coneentratln* Co. Kellogg. Idaho Cenhridge Sceiting Co. 100 Pacific St. Cacbrii;,*# Mass. *Cir:o de Pasco Corp. AO Mall St. Now fork 5, N.I. O.lei Consolidated lUrdng Co. Eureka, Utah The Consolidated Minins & Smelting Box 300 Co. of Canada# Ltd. Place D'Araea Montreal 1# Canada Day Mines# Inc. TTallace Idaho Dickson Weatherproof Mail Co. Bax 590 Evanston A. HI. Division Lead Co. ei6 Tf. Elnzie St. Chicago 22. HI. E. I. duPont de liesours k Co.# Inc. TfiTnrjgi on 58, Del. The Eagie-Pichor Co. American Building finiinna-i. 1# Ohio The Electric Storage Battery Co. Bax blO? Philadelphia# Pa. Ethyl Corp. AOS Lexington Avo. V Ice# 17# K I, Duston lead Co. (The Cliddcn Co.) 500 peso Avo. St vriv- 3. ?a. Evan: Lead Division (Haulmil Lead Co) Box .U.67 Cr.-i-le-'.o.- 25. ff.-Va. Evins Metal Co. Box 57, No. Side Br. At!riti. C-a. Federal Miring k Sceltlrj Cs. 12C Broadway Mew lork 5# N.I- Federated Metals Division of Ancrican Siaclting it !>fining Co. 120 Broadway New lock 5, H I. The Fi-cstono Tire U rubber Co. Box ?. Firestone Park AVrcn 17. (h.-.e Vhs Flora Lead Co.# Inc, Bradley Are. k School St. l/.-x: I Cant ci'yl Nil. 7.. ?. Fuller k Ce, . 301 Mission St, San fra.-rnsoo'S ini. Gr einer M**tal Co. UBZo S: `j-npLell Ave, Cticnr.i 3*. IT 3 fila:i.r lead C.' Inc, 31 , r. Bro'et.-r 27# N.I. Gd.'ir.t Errs, fruiting L Refining Co.5? 2- TT'.sV.'gtan St, Ct -ten 2_. lul, Eii.rnd .'.end froc-ucta# Inc, 5231 Do.mna Ave. Ba.-. v-'d; d. Hutie A'ring Cc. WaUcc*". Idaho Kti.-r.n Saeltin: ( Refining Co. 85-95 lyatt Ave, Newark N,J. Irperlal Type Me`-al Co. 3100 .jratingo Ave. Philadelphia jA. Pa. Ir.ter.wLiorsl Ct eO tin; k Refining Co, (.j ' :oria Co. Ap'yits) 25 Broadway New Ts-V A, M.T.- The ,If4 rstc'i Foil itaufautur.mg Co, 60! 6 <i,2C 5,. Broadway SV, Loon 11. Vo. LnVP .I'l JE. Tw 2X.J r' C',*c.'n .rtt Lons ihVj.r. v.*:yn ix ni P.-od.ctn Co. 70# L* Htj*lo. 3. font Jch" H M.aJrcgor Lead Co, A5?0 P, TrVi 3t.. Cr/.'tk 21. CX !' t-.Ts Re.'ioing Co, 1723 Eu-tctr St. Hr.vujou Pd, T-.-o Sseltlng Co. Ontario >. Beth Sts. rhlltdvlr :na 3A, Pa. Vine Kc*so Minins k Milling Co. 620 'c w t iudg, Htl cta A-rt. Mi'Iona1 Lend Co. 111 Broadway New 'o:y j . T. * he i p.trk UJiirg Co. *-.>*wn Kill# Ltd. Bax 1903-R# O.P.B. lertj'iy, I'tih Melbourne Australia Asiociata Member, ^ww dipt' N 1785.02 S***' ;l *a CC2z^-u* WyWHjW !< --n_--,. & "~nt Mti'mi i Aprtl, 1952 MatBSBS eg THE. IE1D INDUSTRIES is s o c iit iq m northwest Lead Co. The Okonite Co. I. 2700 16th Lve., S.W. Perk Utah Consolidated Mines Co. Continental Bank Bldg. Pennsylvania Smelting & Refining Col 3100 E. Ontario St. {helps Dodge Corp* LO Wall St. River Smelting & .defining Co. 1195 Bradley Road Rochester lead Harks. Inc. 380 Exchange St. St. Joseph lead Co. 250 Park Lve, Shattuck Denn Mining Carp. 120 Broadway Silver Kin; Coalition Mines Coi 1010 Kearns Bldg. Silverstein & Pin*of, Inc' 1706-1720 Elston Lve. Standard Rolling Mills, Inc. Ud Jewoll St. Sunshine Mining Co. 115 K. Second St. United Snerlcan Metals Carp. 196 Diamond St. United States Smelting Refining and Mining Co., Inc. 5? Willies St. The Victory White total Co. 1205 Main St, Kynan Vienor k Sons 5300 Hatcher St. Vulcan lead Products Co. - 151i5 W. Pierce StJ Tho >7ensley Metal Products C04 1Ui5 Osage St. Hesters Electric Co. loci . 195 Broadway e TTestern lead Products Coi L530 E. Pacific Way White Metal Rolllnc It Staging Corp. 60 Moultrie St. Vincheater Repeating ims Co. The Zinc Corp. Ltd. Bax 36U-D, O.P.O Seattle It, Wash. Passslc, K.J. Salt Laic* City 1, Utah Philadelphia 3ii, Pa. Hew lork 5. H.I. Cleveland 1, Ohio Rochester 6, H.I. Hew lork 17, H.I. How lork 5, H.I. Salt Lake City l,Utah Chicago 22, 111. Brooklyn 22, H.I. Iskies. Wash, Brooklyn 22, N.Ts Hew lork 5, H.I. Cleveland 13, Ode Richtsond $. Va. Milwaukee L, tils, Denver L, Colo. How lork 7, H.I. Los Lngeles P.2, Cal, Brooklyn 22, H.I. Hew Haven is, Conns Melbourne; Australia dissociate Meaber. ^y m iiw mw s h i h iiih in i iswm usi'imi-nin 1 >M. lUWMWM'J 7/ M'WWfWjU..' W I Ill IJ will I Hi;,; . LIA2 2122 r V 2 9 tfv 3 i 9 vwa1 emtlng prl1 ip -h . ,M TM Tr*wrtr rie.etfwUy autnlt. th# rppcrt of th. fcidlt of th. account. of IX aiMclotlon tt of bacnbw )i, |51. by attain. . Sails, u foltoesi aajttss scut Certified Public accountantt ee* Tors it , |, f, aCCOU.Tt.TS' Ct*tlflCTI lood industries association] M ha mlned tM dene. moot of loot Industrie. association at of Decenber )!, toss end tho ra.itrt statement of Incowo, npKitn, and reserves for tho t o o t tho* ended. Our OKOtinotlofl *ot aodo I* accordance olth generally occcotod auditing stand ards. and accordingly i net wood such tosts of tho account Ing rocoras and Such Othor auditing procedures as *o centldorod necessary I* the dree,stance*. I* our aglnlon. thf accompanying Utanco snoot and slat anont or I neon*, axonsot, and rosorvos present fairly th* financial position of th* association at toconetf }i, 1*SI and the results of Its operations for tho year then ended. I* conformity alt* (morally accepted accounting principles applied on a basis consistent *!* that of the preceding year. north >1. ItSt __________ ___ (Signed) aasaiss S SULS IUT> tDuiTMta AMeciiTioi mwet >tvt, tcctift m. mi Cl> (IftdirflA) 1LILU t<M dvposttt. |}C.ft7aft].......................................... CtllUTlO*$ Cf Tie u MTIO STATES - M cost [|-7/ft c*r* ttfiCItH of InMOtlSnnt, itrlet tg dw frl! 1, 1)2)........................ cxuy *ssss*iTs naivAtu...................................................... 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