Document x1VqRz7mz9wxb5gMwjoMYa2n6

ii :it! * m.-y- r a- i WTTTK TJ1P KRCTIOE Iw Tort, I.T. Aniwt 6, IMS A nesting of th* producers of whit* lead iaA lalnt eoapanlea was hold it th* office of tb* Lead InAittUi Association, low Tort, on Augost 8, at 10:00 i.I. . present wwr*t * - : v- ^ J _y" COMPAJTT Bagla PIch*r Coapur Coiton Load Coapany John F.. RacGregor Coupany latlonal Lead Company St. Josaph Load St. Joseph L*id Coepaay Sbarain-Vi11Ians Coapany United States Sa*ltlng mfln&ac k Blaine Co. Inc. . I. Bayt A. I. Knight J. L IteOreger X. E. Cornell B. I. Peters 8. B. Coolldge, Jr. P. P. Coloord P. E. Borwser, Secretary The nesting was called to order at 10:00 1.1., with th* Secretary la th* chair. The Secretary stated that the neetlng was being held to disease th* current white lead sltaatlea with the Tlew to petitioning th* Goverment to relax Its current restric tions oa the production and ate of white lead, thereby pre venting Irreparable Injury to this lsportaat outlet of tbs lead alnlng companies. nntr or l eas s it o a t io e L*i*i.*M Mr. X. R Cornell reviewed the current lead situ ation, Indicating that the Gcvernaent's position was be coming Increasingly nor* confcrtable, owing to the large Importations of lead which haea been made. Currently the Imports of lead fro* Kexloo and Peru Just about offset the demand for Ratals Reserve lead leaving the Canadian and Australian laporta to aogaent the Government*a stock pile. It was anticipated that th* Government would have a stockpile of 100,0D0 tons within a few weeks. The on* unfavorable feature was the fast that lead alnera are still being drafted fro* the lead aloes so that domestic nine production will probably not Incvesae. - spnii'uiijw m N2907 f P P ' p p jp ip i^ lf MPMW1 II.M1IRUW^MPWWW|!| PPMBPPWPMWHW| t ~mi iWiin II lil'Tl'fri'll 11MilITI i --fc'Sj"V) ill<BfMhfc'*iiiI .Wilt* load Section Meeting Hint** August 6, 194ft r'i- mini r Id addition to Inports fron Canada and Australia, It Is an ticipated that shipments will probably b* arriving fro* tb* ir(&> tin* to augnant tha domestic poaltloo. sznmn 4\ Xr. 1. T. Coleord Indicated that it ass very likely that secondary production would b* Increased la ttoo fourth quarter* mmmm 8oa* of tb* ahIt* lad producers feared that eurraat rastrlatlons would ha** a p*raan*ct effect cm diminishing ahlta lead conauaptloe Is th* futur*. Postwar foresLatIsas ar* now being mad* without load, wth tb* distinct possibility that tb*y never again i would Incorporate load. It Is believed that two Important paint namfactvrvrs ha** ~ alraady taken steps to turn out artarlor paint without any lead in It whatever. On* of tb* manufacturers called attention to th* fact that preparations arc nos being aad* for next spring's busi ness and that It would be a great pity If tha ahlta iaad sera taken out cf tha plana now in wlaw of tha war's probabla terui nation this year. Because of tha added cost whan whlta laad is added to sized paint formulations, it was held unlikely that one* a departure had been aada froa lead, a return would be aada. It was also noted that government regulations now in force had worked tc tha detrlnect of whlta laad pasta and la favor of dry white laad for prepared paint. ftlTBOT raw Pf-OCOCEM CP TOTr Lfir Finmci It was sucreatad that tha Seeratary request each white laad producer to set forth hi a views on the current white lead situa tion as affeet4 by Government controls and the affect of recon version, If there are no changes in tha currant restrictions in CPI order -*&. the Secretary aas requested to prepare a statement summarizing th* views of the whit* lead producers with th* assistance of inter ested a'nine companies, and upon approval cf this stetewe&t by th# Executive Coemittee, to subalt it to Washington in an effort to pro cure speedy relief for tha Industry. It was felt that action should be taken by Sapteabar ft If tha regulations ooverlng tha four-quarter activities are to be nod in ad. The nesting adjourned at tiftG p.l. Secretary m9 mmmmjmmpmmgji.