Document yk5DomRYOQ32m404r6R3raen2

AI3 ma il August 30th, 1948 Hr. 3. Cwyer, BxecutiTe 7iee President Anaconda Cooper Mining Company 35 Broadway Na* York 4, Haw York Der.'.trt ... The following is a statement rslatire to the July, 1^48 operation* at th* Yaat Chicago plant: ----- -- I \ L~AB SY7n7C 27? ---------------------- A Tone. The income for the month: load Refinery Bismuth Eefinlng // * ,394.0? 2*872.50 The tonnage treated in Joly mas S.ES^v^as compared with 3,044 tons in The Lead Heflnery Iseoso/d^eeev^ed fdr X fo llama: Income from Rarity materials \ \ Income from otherl custom matarjuia Discounts earned \V / \\^ ^>y $ 48.57 910.20 130,44 994.0? 2IHC OHM PPASBCatf Aotual\tost Basi8/(Cost Sheets) irr of Operations Unit Humber lays Operated Ho. 1 HQffle yuruace Ho. 2 Huffle Tnrnaoe Wo. 3 Huffle furnace Bo, 4 Baffle furnace Trench Retorts American Blot* 29 22 30 5 Hone Home 13,274.2? Material Produced Lead-free Zinc Oxide Trench Zinc Oxide teed-free zine Oxide Leaded zine Oxide N11553 PNYC00009508 Mr. B. 1. Dwyer -2- Au*aat 30th, 19 Ei# July lneawe was favorably affected by the fallowing facterst 1. income froa zin* oxide produced froa Tooele and Bast Helena fune 2. Reduction In par pound operatia* ooat due to inereaaed production 3. Reduction in p >r pound selling expense resulting from increased sale* f 7,300 10,700 2,900 la July we decreased the value of muffle furaaee residuea la order to hare them more in line with what we can recover fra* these residues^ There wue slightly over e Billion pounds involved, which reduced our is-proeeee Inventory hy nearly $15,000. charged this amount against our production cost which, of Course, resulted in adversely affecting the income to that extent. TOIT? HID PHFAOTfBitwC^Zr^ V The laeone for July was as s: V\ N0 Dry White Lead White Lead-in-Oil $ 7,124.04 574.41 .vs was the oaae last month, vfe had' t$._pipr 300 tons in inventory at the January 1st inventory co3t of 6$ per pound, while the July produetioa cost wee 7.2$ per pound. This resulted in an edverseaffeet on. the income of $7,200, ' /" XN73lffOBIE3 Refining Department |; The amount of lead in Inventory on Jbly 31 at was 7,564,174 pounds, a decrease of 859,012 pounds during the aen*h\ the silver in inventory was 510,514 ounces, a deorease of 57,483 ounoan-eAngd Zinc Oxide Department / The value .of the invenfckry in the Zinc Oxide Department an July 31st was $433,000. This is $51,COO highe# than on June 30th, and at the tiae we believed justifiable in view pi our ontcd$t with the Chemical TTarfare Service for 1,200 tone of wine oxide during Ajigi{et apd^Zeptouber. White Lead Department In the White Lead Department the value of inventory Increased $12,000, from $148,400 on JUae 90tR to $140,600 on July 31et. This compares favorably with $164,000 on Tsbruary 1st, which was at the beginning of our last shut down. August 1st finds us starting another shut down period in this department. pHtC00009509 Hr. S. I. Days* 3- ABgOst 30til, 194* IA30R '.fag* Negotiations We have heard nothing officially froa fr 3 Union since oar meeting with them on August 3th. It Is possible that the tarnine t ion of the oar has alters* the entire situation, and that they nay wish to change their demands. The lest understanding ss had with *tr. ?iani, the business Agent, was that iia would advise ua what the Union had decided reletiTs to wage renegotiations for the balance of the contrast period. Length of Toxic ^sek A number of slanta are atteaptiag to adopt a forty-hour seek, but the labor supply has not increased sufficiently to permit sueh a step Jug* now. Hopes are held, however, that this problem will gradually be salved, 'i In our own ease, we hare to sontend with Clause IT, (mragraph (a) in our eontraot, whiah la as follows: 1V 'The regular hours of labor for employees shall be (B) bourn jar day wwd forty- eight (-td) hours per week, and any hours woxked^beyond eighi\fS) hours in one day, ax forty (40) hours in one wbek, ahalVfor at thereto of one and one-half tints the regular hourly rateK whlahaveris the greater, but not for both;* / ' ' / Te discussed this question with iir. -2uydfn*', on his resent stop-over in Chicago on his way West, and this clause will, undoubtedly, be a latter of negotiation for our new oohtraet terms. x \ // 30TL^ \> LEAD Banians; DsyAHTSST TM"'nl "r -I"~ ~ - ". // I/ \' Bullion >' / We note from Tooele's reaent estimated production report that they have iaoreaaed their antisipetaw^LroduotiOa^af-ltad bullion for tha next six months by 300 tons per aontn. This,^ps''3oit, is tttw-r<#ult of ore rseelpta from the new California property. // : / Custom itaterialM n Jj Be are axeraieing caution la eur purchases of lead and antimony bearing secondary materials. xjSla wcjjfjSe began to quote at lower prices, as a means of protection against a loiee3iS--df metal prises. "Shat effeet this will have on our intake remains to he seen. ZETC orrog OBFABthaff Chemical dsrfars sarrlce With the sadden termination of our C.T.3. contract for sins oxide, the picture in the Zinc Oxide Department has changed from bright to gloomy orer night. Under present conditions our only refuge seemed to-be in the production of sine metal, and la thin deepest we hare not been encouraged in our efforts by Itr. 31asa. Our inventory.jo* finished produetion i sufficient to supply our regular eustoasrs for at least sixty daye. PNYC00009510 Hr. a. . Dwyvr August 30th, 194a zinc o x id e pgAgnasr (tout'd) Scrap Upon wcalTing the notioe of termination fro* C.W.3., we immediately stepped out Of the secondary etna market. Our late Tuly and early August purchases were quite heavy in order to assure the fulfillment ef the C.H.S. oontreet. As a result we have enough scrap on hand to last about four months at the rate of production required for the volume of lousiness we have been having exclusive of Government business. He recognize that this situation will become serious in tha event there is a decline In the price of zinc. "Is nay he protested to same extent, however, innsauch as we have filed a termination claim for 785 tons of scrap with the Chemical tfarfare Service. Acloular Oxide On September 1st or shortly thereafter, we are to be^lfi production of Aaerlcan Process Zinc Oxide In a muffle furnace from, scrap. Aftec~aaJtiag!some change* in the furnace, which our experimental run showed were necessaryp-we- hop* to he on a production heals. If all goes; wall, the last hurdle in our efforts to prodd*e>.all grades of zinc oxide at the muffle;furnaces will have been eompla't<Wp-sand we can then dispense with our high cost American Block unit. ~\ \ HHITO iatG KSPAgg-Cff? The Hhite Lead Ceoartmsnt 13 on a shutyjn^ basis, and, unless restrictions on the production of white lead are lifted^ will, retain so until Deeamber. The cell room is operatph^ on the Betts Prq9eas, so that tha bismuth may he removed fro* our supply of high bismuth bullish. This Betts run will lest until shout September Lhth. : j- If restrictions are rambled, we wiXV' stop the Betts operations at ones and begin again to produce strtte head. Udiag-irfijetever high bismuth bullion we have on hand first and then applying/tS jrl 'Glass far'"cO!n,:.on lend to meet our requirement# until Tooele has its next high bismuth nun, which we understand will not he until next March. Our Sales pepartmaut anticipates a heavy volume of business as aoen as tha lid is taken off the 'production by white lead. He hope yon will find this information helpful. CFj/b* , co: Vr.F.Lalst PNYC000095H