Document wKX4KaRGg7wjYE1pVgRQG2RXJ
Th e An a c o n d a Co mp a n y
25 BROADWAY. NEW YORK. N. Y. 10004
Me t a l l u r g ic a l Ma n a c e e
April 8, 1954
American Chemet Corporation
105 West Madison Street Chicago. Illinois
Attentions Hr. W. W. Shropshire, President
Gentlemens
This refers to your visit of March 24, 1964, dusting which you requested a reduction of $30.00 per ton in the coat of East Helena fume.
1 note that this request is dua to a price squeeze in zinc oxide prices. The reduction requested, however, is unreal* istic in relation to treatment of fume to metal through the electrolytic zinc process. As I told you, the irreducible minimum terms which we can consider are governed by the profit per pound of zinc, including premia# realized through treatment at Great Falls.
We have considered your request from this viewpoint and
find that we ere able to grant an additional reduction in cost of
East Halessa fuse froat the calculated price under our present con
tract with you dated June 7, 1948, as amended July 5, 1949, May 1,7,
1961, and July 1962, as followst
Whan the pramiiae per pound of Special High Grade zinc (MMJ Quotations) for calendar month
of delivery of fume Is
Reduction in Terms per drr short ton of fame
0.006 to 1.016 1.016 to 1.266 1.266 to 1.516 1.516 to -
PNYC 00011889
$ 17.50 $ 13.00 $ 12.50
6 10.00
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This reduction is to be applied to deliveries of fume on
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American Chemet Corporation
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April 8, 1964
and alter April 1, 1964, and will continue until cancelled by either party giving 90 daya' written notice.
If the foregoing la of Interest to you, please sign and return to us the enclosed copy of this letter, whereupon the afore said agreement as amended shall be deemed further amended in accordance with the terms hereof.
Tours very truly,
THE ANACONDA COMPACT
ACCEPTED: AMERICA* CHEMET CORPORATION
By la! T, K. Graham
By /a/ W, W, Shropshire
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