Document yr0GdXRvwe0X0k6kVq8g8QYYD
HB------* 11 np < LIA20896
Chicago, 111.
AVN'UAL MEEHKO Of THE Miypgffi OF THE LAD INDXTP.1SS AiiOCiATION ^ April 27, 1955
Tha annual Meting of the aeebers of the Lead Industrie* Association was held
on Wednesday, April 27, 1955, at 11A5 A.M.
MEXSgS
IftPEjfT
RBTUSBfrnw
Max Adler P. C. Disque, Jr. Peter Tort W. R. Black Robert Creaald B. P. Herasdorf J. J. Lennon E. T. Rose Jean Yuilleques Darid Waller K. C. Brownell
Charles Earl, Jr. A. J. Phillip* S. D. Straus* R. Worth Vaughan Frederick Walker L. P. Davidson E. A. Phillips H. L. loung R. A. Toung T. B. Arril P. P. Barton J. S. Bers Ralph Cutler
S. E. Sweet Ivor Thcapecn H. E. Lee S. A. Tomey A. W. Goose A. Russell Kara H. G. MeBoyle A. D. Turnbull L. V. Whiten A. Olaf Wolff W, D. Perrin
R. B. Dickson J. A. Stone
C. E. Bassett P. T, Turmoil H. P. Jones A. P. Michol* T. B. Prlckett S. J. Stickley J. M. Bowlby C. A. G*ist
Allied Saelting Corp. Alpha Metal*, Inc,
do
The American Metal Co. Ltd. do do do do do do
Aaerlcan Saelting k Refining Co. do do do do do
Aaerlcan Zinc, Lead k Saelting Co. do do do
G. A. Arril Co., Lead Product* Division do
Bers k Co., Inc. Broken Hill Associated SMlters Ptdy., Ltd.
(C. Tennant, Sons k Co., Agents) do do
Bunker Hill k Sullivan Mining k Concentrating Co. do
Caebridge Saelting Co. Cerro de Pasco Corp,
Consolidated Mining k Saelting Co. of Canada, Ltd. do
do do Day Mines, Inc.
Dickson Weatherproof Rail Co. Division Lead Co. Dixie Lead Co.
do
E, I. duPont deReaours k Co. do do do
The Eagle-Picher Co. do
i
i \
r 1 i
'IR"*"
iimt nimi' W*"
irpwjii m*"**-- -- ^20897
Annual Meeting Klnutea
HPfflBg (COWTIKUEP) PRES Off
E. W. Green L E* Lighten E R. Anderson J. A. Costello G. M. Baumann
Morris Poodim C. J. Gro E. L. Kewhouss III H. D. Parsr J. J. Plea* R. A. Cardinsr, Jr. O. H. Las M. 5. GoldaadUl E. J. Wilkinson W. P. Wilks William Wllka, Jr. L. J. Randall Claranca Glaaa
P. A. Wardlew, Jr. Rudolph Spitser W. P. Murdock J. M. Ciborakl E. R. Oondorf R. J. Eovar R. W. McEittrick P. W. Ruppert Alax Stewart Harold Saarl
E. T. Gordon R. J. Wiseman W. A. Oekey J. J. Sharkey Jana Janaan Leonard Axelrod Andrew Fletcher C. R. Inca W. T. I obeli Carleton Lone R. H. Ramsey J. G. Wehn P. H. Hunt L. A. Oreglow G. H. LeFevre P. 3. Mulock P. C. Sayers P. L. Warner Howard Novasel Reuben Vianar G. M. Bouton C. H. Shaffer T. G. Stover
April 27, 1955
I-- Mi
REPRESPfTIWO
Electric Storage Battery Co. do
Ethyl Corp. do
Federated Metals Division, Awerlcan Seselting A Refining Co. do do do
Aaron Parer A Sons Co. The Plena Load Co. Inc. Gardiner Metal Co.
do
Goldsaith Bros. Swelting A Refining Co. do
Hanaond Lead Products, Inc. do
Hecla Mining Co. International Smelting A Refining Co.
(Anaconda Salas Co., Agents) do
Metro Ssalting Co. Murdock Lead Products Co. Rational Load Co.
do do do do do North Broken Hill Ltd. and Broken Hill South Ltd. The Okonite Co. do 01in Mathieson Chemical Corp. do Pend Oreille Mines A Metals Co. Pennsylvania Smelting A Refining Co. St. Joseph Lead Co. do do do do do United Park City Mines Co. tkilted States Smelting Refining A Mining Co.Xne. do do do
do Victory White Metal Co. Hyman Vianar A Sons Western Electric Co.
do do
LI A20898
Annual Resting Minutes
-3 -
April 27, 1955
MEMBERS REPRESENTED BT PROXT
tuston Lead Co.
V. P. Puller A Co. Inperial Type Metal Co. Johnston Poll Mfg. Co.
John R, MacGregor lead Co. New Park Mining Co. Phelps Dodge Corp.
Vulcan Lead Products Co.
GUESTS
C. B. Anderson Joseph Blgos Philip R. Bianc
D. M. Chorley Richard J. Eckart V. M. English Cecil Pitch, Jr. E. L. Prank Arthur J. Cervals Otto Herres Morgan M. Hoover Robert I. Horvitm R. 0. Jaynes P. R. Jeffrey H. C. Lind V. R. McClelland M. E. O'Brien Lloyd B. Park Miles P. Rcaney J. V. Stafford Mortlaer J. Sullivan J. J. Svec Lynan M. Tondel, Jr. Kurt Weinberg W. C. Woolf
Delco Battery Operations
Steel Structures Painting Council Indues* Corp.
Northern Miner Prees Sapolln Paint* Inc. Association of Aaarican Railroads Chief Consolidated Mining Co. Phillip Bros. Inc. International Minerals A Metals Corp. Coabined Metals Reduction Co. Chenicsl Engineering Magazine Continental Saeltlng A Refining Co* Steel Magatln* National Zinc Co. The Xawneer Co. Mines Branch, Ottawa, Canada Inland Stsal Co. Wheeling Stamping Co. Utah Mining Association American Metal Market International Minerals A Metals Corp. Ceradc Industry Cleary, Gottlieb, Prlendly A Hamilton International Mineral* A Metals Corp. Sullivan Mining Co.
GCVEKKXHfT REPRESENTATIVES
E. P. BUtard 0. M. Bishop Robert L. Mentch Richard H. Mot* Nicholas Taworski
Oak Ridge National Laboratory U.S. Bureau of Hines
do do U. S. Tariff Conniesion
LEAD INDUSTRIES ASSOCIATION
J. B. Haffner, President
Manfred Bowdltch
Robert L. Ziegfeld, Secretary-Treasurer
Chari** E. Cherry, Jr.
Devid M. Borein*
Eenpton H. Roll
Dr. Leo L. Cerrlck (Consultant)
Nr. J. B. Heffner, president, occupied the chair.
The admit** of the previous Beating of April 22, 195A were approved.
HWWWWSHa C!PPS
wyw.w Af W WW
W1"--
LIA20899
Annual Meeting Minutes
- A-
April 27, 1955
REPORT Of THE SCKETART AXD TREASURER
The secretary lnforntd the neabershlp that hi* report had been circulated to nead>ers end It is attached as Exhibit "A" and asked aach of th ataff nanbera praaant, Messrs. David M. Borcina, Manfrad Bowdlteh, L. L. Carrick,
Charlaa X. Cherry, Jr., Kanpton H. Boll, to raport briefly on thalr own par ticular activities for tha Aaaoclatlon, which they did.
REPORT Of THE PRCIDPfT
Tha praaidant announced that alnea ha had ratlrad fron any actIra eocmac tion with tha laad industry, ha was performing hia last duty for tha Associ ation and waa Ineligible for raalaction. Ha furthar atat ad that tha raporta of tha aacratary and ataff aeened to hia adequately to cover tha Association's activities and that it had basn a plaaaura to perform hia dutiss as praaidant.
Ha raad a cablegran froai Mr. A. C. Dnmood of tha laad Dralop--nt Associ ation wishing tha Aaaoclatlon a succaaaful annual confaranca.
ELECTIOM or BOARD OF DIRECTORS
RgRES am MG
J. D. Bradley X. C. Brownell J. A. Costello W.H.H.Cranaer H. L. Day S. A. Kastoo Andrew Fletcher Claranca Class
X. V. Green J. A. Martino P. 3. Mulock E. L. Hawhousa, Jr.
J. P. Ruth Jean Vuillequel M. M. Zollsr
Bunker Hill A Sullivan Mining A Concentrating Co.
Anerican SBelting A Refining Co.
Ethyl Corp.
Maw Park Mining Co.
H
Day Minas, Inc.
|j
Bunker Hill A Sullivan Mining A ConcantratlngCofig
St. Joseph Lead Co.
International Seltlng A Refining Co.
(Anaconda Sales Co., Agents)
Electric Storage Battery Co.
National Laad Co.
United States SBelting Refining A Mining Co.Inc.
federated Metals Division,
Anerican Snaltlng A Refining Co.
Tha Glldden Co. (Euston Laad Co.)
The Anerican Metal Co. Ltd.
The Eagle-Pichar Co.
Tha secretary at thla point stated that he had had tha extrema plaaaura of
working with tha retiring praaidant and a riling vote of thanks for his two years of service in office was given to Mr. Haffner.
Mrntm
mu mHi. M.iwvmnm
p.| ^-rWLIUjW* ' .f' W m LIA20900
j
0
Q
*
Aram*i Meeting
bhlblt *! April 27-28, 1955
REPCKT OF THE SECRETART
Sunsarlsjng the Activities
sUia Lead Industries Association
for the Tor 195b
cryguL smoftKX
In ay report to you * year ago I pointed out that alnca World War II
tha ooura* of erenta in our Industry had demonstrated an Inability to consume, without stockpiling, all tha lead that can b* produced. In fact, supplies hare exceeded actual consumption In that period by some 1,000,000 tons. This situa tion still exists despite better consumption abroad and consumption at a rat*
of 1,100,000 tons in the United States In 195b. Another significant fact is that average annual per capita consumption of lead in the 0. S. in the flva
years ended in 1929 was 15.1 lb., and in the five years ended in 195b was lb.5 lb., a reduction equivalent to about 50,000 tons a year on present population# (See table attached) A substantial change in the pattern of lead consumption can also be noted.
I raised the question last year whether our Industry was taking' full advantage of its opportunities to expand the markets for lead and its products and cited some fields to which nor* attention might be devoted, for example radiation shielding, ceramics and cable sheathing. (It is Interesting to note
that tha us* of lead In ceramics Increased 12 per cent In 195b over 1953 while overall lead consumption fell about eight per cent.) I am happy to report
that during 195b the Association laid a substantial foundation for more con structive action in this direction by the establishment by pig lead sellers of e new Industry Development Fund and the creation of a Technical Steering Com mittee composed of top technical personnel of both producers and consumers. Details of thee* two actions are given In the body of this report.
In addition, w* have continued to promote the use of lead In building and as a material of chemical construction through the Metallic Lead Product* Division, and of red lead as a metal protective paint through the Pigment* and Chemicals Division. CXir health and safety work has continued to be a major activity and one requiring more and more attention with the publicity given to childhood lead poisoning and the mass of regulations Involving lead tdilch nary communities ore promulgating. Our Solder Committee has also continued its work on the Solderirg Handbook. A large amount of effort has gone into the preparation of technical and publicity articles and other material designed to disseainate more widely information about lead. Regular services like sta tistical and Information Bulletins have continued*
A pension plan for employoes of the Association was sst up affective January 1, 1955. It was financed from Ordinary Fund roservss and cost Just under $80,000 to the end of 1955. This substantially reduced Ordinary Fund reserves but still left them in the neighborhood of $50,000 at the beginning cf 1955.
'in-'
v-
W I . m miiwiiiwygi
mm LiA20901
Awwal Meeting
-2-
April 27-28, 1?55
Incidentally, wt are proud of our able staff and the lev rata of turn
over we Have enjoyed. The pension plan li a fine recognition of this aervloa and
places the Association in a much better position to assure a capable, pentanes* staff in the future*
In the face of rleing costa we have tried to sake all possible economies consistent with effective operation. In that connection the possibility of occupy ing joint offico apace with the American Zina Institute which could effect eooncedee in oertaln departments w& thoroughly explored, as our lease expires April JO, 1955 and a substantial rental lncroaso was .requested. Since the A,Z,I* lease did not expire for another year and since thore appeared to be opposition to ths move by some In A.Z.I, for various reasons, we havo extended our lease for another year at an increase. Arrangements were wade, however, with the Metal Powder Association to
increase their payments to L.I.A. starting with January 1, 1955*
Substantial economies were made in salaries ty a reduction in the site of the staff. Careful ecrutliy of such items as travel expense, entertainment, tele
phone and others also effected economies*
Details of our various activities are reported on the following pages and it la hoped that members will talco tho tins to read then. At the conclusion of the
report will be found the detailed audited statement of our accounts*
The secretary-treasurer wishes to thank the entire membership for its loyal support and cooperation and to call attontion to the valuable guidance and
direction of the officers and directors who have devoted so much time and thought to the Association's affairs*
in po s t k t pavaotvarr t o p
The sellers of primary pig load sold in the United States, regardless of the country of origin, have established a fund to ba used sololy for industry deve lopment, Each such seller will subscribe to this Fund at a uniform rote per ton of
load sold, starting with January, 1955, Part of this money has beon earmarked for ths two promotional divisions of the Association - Metallic Load Products and Pig ments end Chemicals - where, combined with smaller amounts subscribed by manufacture of these products, it will be used to continue the work of these Divisions, Remain
ing money in this Fund will be used at tho discretion of the subscribing companies for other industry development purposes Establishment of this Fund will undoubted!; give the Association greater flexibility in its development activities,
TECHNICAL STEgtIWQ COMMITTEE
Hiring the 1951* annual mooting of the Association, a group of top techni cal men from some of the number cooponies met informally to discuss the industry's technical and research probloms. It erase up with a reconmondation to the Board
that a permanent Technical Steering Committee bo established to guide and adrlae the Board and tho aocrotary in technical and research matters and to develop means of mere widely disseminating accurate information about the properties of lead. In
this latter way it was felt that others slight be encouraged to develop new applica tions for lead by learning that its properties would help solve tholr problems. In
8 December, this Conmittoo was formally oatobllshod ty the Board and is now function ing.
t 1
wr A-x* 1,1.11.
m 'SpS8WUW-eJWaiSWi'lii' VWP
"*P
Jpi^MlWMIMMir'!1 A*--I V
LIA20902
r*
0
Annual Meeting
-3-
April 27-26) 1955
An Immediate job before thl Committee la to aarra aa an editorial board
for an A.C.S, Monograph on Lead which tho American Chemical Society haa asked the
Aaaociation to prepare, and which will ba printed and publiahed at no axpenaa to
the L.I.A. This appeara to be an ideal way to accomplish one of the prime purpoaee of the Coccittee - wide diaaednaticn of technical infornation about lead
and lta products which will encourage other# to moke uae of lead and lead product#
in the aolution of their own problems.
Lg-VD IK fLCTCDW
The promotional work on lead plumbing la carried out under the Metallic Lead Products Division. At the start of ljjli the international plumber* union aakod us to loon than one of our field men, Robert A# Coop, to help thea set up and prepare for the first international apprentice contest it sponsored) which Included an appreciable amount of lead work. Peeling that he could do ua Buoh good in that capacity) at no coat to us, we complied. After the contest in August) he was offered a poroanent position as educational coordinator for the union at a figure beyond our ability to aoet. He, therefore, remained with the union and our field work was conducted through the year by one nan, Honor S. Tetman. However, in Hr. Catp's new position he is still proving of groat value to ua. Vs
further cooperated in the contest) which haa now become an annual affair) by sup plying tho necessary lead for the apprentices to work with and a judge for ths lead work, David X. Borcina, of our staff.
A aajor development in the plumbing field has been the rapid growth in tho use of prewiped and machine-wiped joints on lead connections. This apparently has reached its fullest development in the southeastern end southwestern parts of the United States. In general) these joints are being cade by independent firms who purchase ths lead material froa lead manufacturers and those business la en tirely devoted to asking prewiped Joints for sole through the usual channels.
A recant survey by us indicates an absolute minimus of 10,000 such prowiped Joints per nonth being sold by Just two companies in the southorn port of the United States, with one manufacturer using about 100 tons of lead pipe and
fittings per year for this purpose and another using two or three times that amount.
To our knowledge there ore at least ten companies now engaged In this work on various scales.
The advantage to us of the growth in popularity of this product is that prewiped Joints are considerably less expensive than hand-wiped Joints, particularly those hand-wiped on tho Job, the contractor knows his oxact cost without a labor varlablo, end they el inirate the need for a largo nunbor of skilled lead workers. Thus lead plumbing bocones more competitive with other materials.
The use of this product is growing rapidly and it is our belief that this trond will continue despite the opposition in sone quarters by union plumbers. Also wo believe that tho Association should encourage this development particularly in those areas wharo llttlo or no lead is now being used and in such a manner as would
not Jeopsardias our good relations with skilled lsad working {slumbers.
Insofar as can be determined tho uso of this dovolopcont will not have to
overcomo ary restrictive plumbing code provisions euch as is encountered in intro ducing new competing materials aid was encountered ty the lead and cast-iron drive ferrules soms years ago.
im#pw V ("I?
IP-1*
mttirf
* *"* mvmmw *.&> mm
mmm
-^pwi
' LIA20903 A.
Annuil Meeting
- 1* -
April 27-28, 1955
Mr. Yetaan oontlnuod the field work throughout l?5li, speaking to mary tat* and local Dustings of plunbing contractors and Journeyman plumbers, and to tha national convention of the Aaoricw 5oclety of Sanitary Engineers. At that osting hs first oalled public attontion to the availability of wipsd Joints
through the usual channels, a stataaont which was singled out for attention in the report of the Basting.
PLUMBERS' rORPM
Two issues of "Plumber's forum" were publlshsd during the year and nailed to our list of 30,000 plunbing contractors, jouroeyaon, inspectors, lr>* atractors and wholesalers. One of the articles in the Porua describing lead pluablng in two large housing projects was reprlntod in the "Journal of the National Association of Bona Builders," pickod up by the United Press, and re printed elsewhere.
LEAD WOBK TETT BOOK
VJe have continued our efforts to increase the number of apprentice and Journeymen classes In lead work and have enjoyed tha support of our members
who have supplied materials to those classes at low cost. Our text book, "Lead Work for Modern Plumbing" continued to sell well, nearly 1,000 additional copies being sold during the year* Since it first appeared about 5,500 copies have
been distributed at a cost of only about $2,000 to the Association. Vh are In formed that the International plumbers union will make this text a part of its own training program which should create a demand for mary moro thousands of copd.es.
MISC3LLANE0P5 PLPMBIM) ACTIVITIES
More than 1,000 additional copies of our brochure, "Lead in Modern Plunbing" were dietribwtod In 1?5L, bringing the total distribution since pub lication in 1951 to ovor 28,000 Coptics.
Mr. Tetmon has continued to serve on the Plunbing Coedttoe of the Building Research Advisory Board of the National Research Council and was a rnenber of the Committee which prepared the recently issued American Standard Plunbing Code by the American Standards Association,
Specifications for Chemical Laboratory Drainage Systems were coo-
plotod, approved by members and mimeographed. Hundreds of revests for copies have already been received.
At the invitation of the international plumbers union end in space
provldod by thorn, we hod an exhibit of load plunbing at the annual Business
Managers Conference of that union in Washington in January, 19514, This was a most important group for us to come before.
We also cooporntod with tho Murray Hill Trade School, New Tork, in preparation of a C.B.S. Tolovision Show in Decombor on which students at that school demonstrated wiping Joints on lead service plpo as usod in Now Tork,
0mi in
urn i iiw iii t h " t i"' i~--*TTT~~r~~r^~*r*~^** l U2090A
Annual Mooting
- $-
April 27-28, 1?S$
SEAL OK APPROVAL
All Licensing Agreements for the usa of the Load Industrios 3oal of Ap proval wore cancelled because of the possiblo financial liability that eight be placed on the Association in the evont of donago, and in vise of tho Association1* inability to inspect all or even a largo sample of mntorial bearing the Seal.
So d o dissatisfaction with this stop has been expressed and consideration of sos alternative course may be warranted.
CHEMICAL CONSTRUCTION
Kompton H. Roll of tho Association staff has devoted a large port of his time to tho use of load in chadcal construction and related corrosion prob
lems. As chairman of tho Northeast Region of tho National Association of Corro sion Engineers he has boon in a good position for this work. He has been ap pointed genoral chairman for tho next annual meeting and exposition of that na tional organisation.
IXl ig 1951), four now Chemical Bulletins wero prepared and circulated to members, three additional Chemical Construction Bullotins were sent to our list of some 1,300 chemical construction companies, professors and students of chodcal engineering, chemical manufacturers, and cbedcal enginoere.
The annual review of lead and lead alloys as materials of chodcal construction was again proparod at the request of tho American Chemical Society for publication in the October, 1951) issue of * Industrial and Engineering Che mistry.* Also, an article on bonded load linings was supplied to "Quadrangle," publication of tho CoHogo of Engineering, Now Tork University.
Material for an article on *Load Linings-faster, Bottor, Cheaper,* was suppllod to "Chemical Engineering" .and appeared in tho Pobruory, 195!* issue. Wo assisted tho odltors of tho samo magazine in preparation of an article "More Than Holding Its Ownt Load* which appeared in the "Materials of Construction,* 16th Biennial Report section of that magazine.
SOLDER
Tho Association** Sol dor Condtteo, composed of representatives of four member solder manufacturers, undor tho chairmanship of D.M. Sorclna of tho staff, mot several tines during the year. Its work of preparing a Soldoring Handbook to bo fxiblishod by the American Voiding Socioty is nearing oonpletion. Some of the members of this Condttoe, with Mr. Borolna as moderator, prosentod a panel dis cussion on solder before a mooting of the New Tork Section of tho American Society for Metals.
MISCELLANEOUS METAL PRODUCTS \CTTVTTIE3
Tho section on "Lead Boso Materials" for an "Engineering Materials Hand book" to bo publiahod ty tho McOraw-Rill Book Co., has boon prepared by the Associ ation. It will sot forth in detail tho proportlos, forms, usos and other pertinent data of use to engineers about load and it* allays.
IWPBM
WiPWl
.g<ii)iiiywwwpw :HPWBLWP'"
,
U&20905
\
Annual Nesting
-6-
IprU 27-26, 1955
Wo assisted tho editor* of "Katori&ls k Uathods* In preparation of tho pfcysioal and mechanical properties of load, fabric&tlrg properties, corrosion re sistance, and evnilablo forma and us os for the "tutorials Engineoring Pile Facts* which appeared In tho Ootobor, 1951i Issue of the Bagasins,
for tho fifth successive pear, the locture on "Lead as an Engineering Material* was presented bofore 200 graduate engineering students at the Newark Co11ego of &iglnoorir,
Ur, Roll served as chairman and Mr, Borclna as a naeber of the prograa coenittoe of the New Torlc Section ef the American Soclotp for Motels, and as euch wore ablo to see that load received proper attention at the mooting* of that or ganisation
At the request of the author, the aaterial on load work for *Architec tural Graphic Standards* was again reviewed and brought up to date by the Associa tion for a 5th edition soon to be published.
The Association suppllod the Bagmino, "Rational Roofor" with naterlal for an article on tho 3,000 lb, of lead flashing usod on a nodel house In Veraont
In accordance with specifications prepared bp the L.IJL
RBI Tjun
Our work In the promotion of red lead as a octal protective paint pigoent has been carried on under the Pignents and Chemicals Division. The technical director of that Division loft our onplop at tbs be-inning of 195U, Bdwovor, tho pod Lead Technical Coenittoe continued to function with Dr, L. L. Garrick of the University of Michigan as consultant, and Charles Cherry of our staff assigned half-time to the red lead work and serving as secretary to the Coenittoe,
In 1951* two additional Red Lead Technical Letters, Nos, 6 and 9* were issued. They dealt respectively with *Primers for Railroad Structures and Rolling Stock" and "Rod Load Paints for Galvanized Steel, Rusted, Weathered or Treated New,* The first was distributed to a nailing llat of 9,500 and the second to 13,000. An article based on the latter has been prepared and accepted for publication ty "Paint and Varnish Production" magazine. Work was also begun on another Technical Letter, to be published in 1955, which will include case histories of red lead applications Instead of formications.
The Red Lead Technical Committee net four tines during 195b, one of these nestings being devoted to an inspection of the Committee fs exposure tests. Two
new exposure projects were initiated, one dealing with the addition of litharge to
primers for galvanized surfaces, and the othor to evaluating the nerlts of additions of flaked metallic lead to rod lead priners.
An Inspection of the continuing Joint Navy-L.I.A. exposure tests was mads
bp Navy and L.I.A. representatives in June, While no report has yet been Bade on theso tests. Indications are very favorable bo rod lead.
mummy!'
'W m "Iff LIA20906
Annual Mm ting
1 April 27-28, 1?55
Support of tha Steal Structure* Painting Council vns continued find Mat ings of tha Council and its Research Committoe ''ere regularly attended# Red lead formulations hare boon tridoly adopted in tho Council** Painting Manual, Of particu lar significance in the second volume of the Manual, about to be issued, is th* adoption of a red load prinor, suggested by an L.I.A. representative, a* the stan dard one-coat shop prinor for enclosed structural steel* This is sold to be the swat widoly used prinor In tho steel industry and formerly contained no lead*
Tbs Association is represented in tho Signal Sootlon of tho Aasoolation of American Railroads and has submitted to it a quick drying rod load femulation as a substitute for a slower drying paint now in thoir specifications. It 1* tho sano a* Navy Formula No, 116, Our ropros ntatiro also attondod tho annual mooting of tho Federation of Paint and Varnish Production Clubs to koop abroaat of dovolopoonta and maintain liaison with that industry*
Monthly lists of persons roquosting rod load literature havo boon sup plied to our oonbors who mako rod load*.
REVISION OF ATMOSPHERIC LEAD STANDARD
An activity that should bo of groat interest to aanbors la tho work of tho Subcommittee on Lead of the Conoittoo on Toxic Dusts and Oaaea of tho American Standards Association, of ihich our director of hoalth and safoty, llanfrod Bowditch, is chairman* Tho allowable limit for air contamination by load and lta aoro im portant inorganic compounds has for years stood at 0*15 ng per cubic motor* The subcommittee is proposing an upward revision of this Standard which, if adopted,
0 would afford rollof to members from often onerous regulations. As two members of this subcommittee are also members of the govorroontal coaaitteo vfeich promulgates similar standards (one as chairman) tha belief is warrnntod that there will bo uni formity in the figures ultimately adopted by both committees*
CHILDHOOD LEAD P0IS0NIN3
This problem has boon a major "hoadacho" and sourco of considerable a<Jvorso publicity, Mr. Bowditch sorvud as secrotary to tho American Standards Associ ation's Subcommittee on Hazards to Children from Roslduol Surfaco Coating Materials of tho Cocrdtteo to Minicizo Home Hazards to Chlldron* A standard was dovolopod and adopted by A.S.A. for toxic lngrodionta of paints for surfacos which may be chowed by children. The basic part of tho standard has boon accepted by New Tork City and Chicago hoalth authorities, a step towards uniformity among municipalities unalterably determined to attack this problem by the seemingly futile moans of warn ing labels on paints*
Nhllo that part of tho Baltimore study of this probloo for which our |10,000 grant was made, was coeplotod a yoar ago, tho fact that it has boen con tinued with funds from other sourcos has lod to dol(y in tho published roport* Howovor, four papers baaod on tho work cro bolng proparod and two should bo rowdy for publication soon*
A roarrangemont of tho laboratory work on lead at Chlldron** Modical
0 Cantor, Boston, supported ty us at an annual cost of about $2,500 for maiy yoars, has offoetod a major saving and will cost us practically nothing during tho curront yoar* Moarrwhilo, Dr* R,K* Byers, who has conducted this work, publishod two papors based on it in 195li They aro "Urinary Excretion of Lood in Chlldront Diagnostic Application" in tho "Amorlcan Journal of Diseases in Children," and "Edathamll Cal cium-Discdiurn (Vorsonato) in Troatmont of Load Poisoning in Children" in tho same Journal*
m u-ijiin.m
wpm ijfp
UltUP W JMffSWWff'. mwiisuuwsr "'gw wn* a0907
Annuel Mooting
April 27-28, 1955
Wo hero Informally supportod a program of tho American Acodcsy of Pediat
P ries for ostabllshmont of "poisoning control cantors" In major cities to aid physi cians in diagnosis and treatment of childhood poisonings Statistics (athcrod by tho Acadosy show that such agents as korosono anl aspirin aro rosponaiblo for many u moro child poisonings than load*
l a b e l in g or l e ad c o mp o u n d
Oorormontal roquirooemta for warning labels on potentially toxio substaneos aro rapidly on tho Inc re asa. In addition to paint labeling regulations, at loast soTon Jurisdictions (California, Hawaii, Illinois, How Jorsay, Now lork City, Now Tork Stato and Orogon) new roquiro warnings on various load compounds shippod ty meebors* Wo havo boon ablo to socuro aocoptanco of uniform wordir^ in all those Jurisdictions and will coke every offort to oxtond this uniformity as roquirod to avoid multiple labeling which night oaaily boocao intolerable, As a matter of fact, now similar legislation is now ponding in Connecticut, Massachu setts and the City of Chicago and is rocolving our attention. This illustrates tho growing trend toward labelling legislation.
TTFE IV PAINT
Tho investigation undor tho guidanoo of Dr, H, B, Elkins of Massachu setts, initiated as a moans of refuting tho contention by a chemist of tho Fe deral Ooromsont that tho use of this paint on the interiors of pctable water supply tanks would involve a load poisoning hazard, is being continued for the life of the paints suppllod by us for tho pirposes of this stucy, Tho noarly 200 analyses made of tho waters cncpesud to the paint continuo quite uniformly favorable and a satisfactory termination of tho work seems now a forogono con clusion.
LEAD TH3U.PT
Tho relatively new drug known as calcium othylonediaminetotraacetste, or "Cs EDTA," has continued to ahow Itself of Treat value in the treatment of both adult and childhood load poisoning. Its development is being carefully watched, and Mr. Bowlitch spoke briefly on this subject at a session of tha Industrial ftyijleno Foundation in Pittsburgh lost year,
PAINTEG STEEL WSJIHO STPDT
The stui(y of fume goneration from welding and flame cutting of red lead painted atocl has apparontly been conplotod. Wo havo not ns yot received a report
but merely a copy of a letter to the Navy Buronu of Uadicine briefly outlining the results, Tho recoptlon of the results rocolvod by the Navy and future developments are not yet dear,
PUBLIC HEALTH SEKVICE LABORATORY SUR7ET
As tho result of our suggestion to them last fall, tho U. 3. Publio Health Service is undertaking a survey of some 100 laboratories throughout the
0 country to detomino their compotonca in tho analysis of biological materials (blood and urino), and probably also points, for the porcontage of contained load.
This should be oxtreraoly valuablo to our industrlos in (1) tolling thorn where they may safely turn for such sorvico, (2) rolucin; tho incidence of misdiagnosis of plumblsm by physicians, and (3) bringing about improvement in tho number and quality of such services available to industry and to the modlcnl profession*
T-'W
WP - IW
Annual Meeting
-9-
April 27-28, 1%$
LEAD IH MODERN nnUSTR?
Tho book, publishod by tha Association In 1952, hat told ovor 3>000
copies to dato. In addition about 1,100 cocplioontary copies havo boon distri buted whore, In our opinion. It would bo particularly valuable to tho Industry
to havo thofc For example, in 1951 compliiaontary nailing of about 150 copies was made to the heads of metallurgical, chemical, civil, mechanical and architec
tural onginoorlng departments in 95 colloges and universities. This nailing re ceived an onthusiaatio rosponao and nary Complimentary lettors were rocoivod fren the rocipionta.
"LEAD* MAGAZINE
This publication was issued twlco during 1951 and swilled to our list of soBO 35,000 architects, construction companies, utilities, railroads, chemi cal companies and othor potential usors of load. Each lasuo contains a variety
of articles on the uso of lead, including plumbing, paint, chemical construction,
cable, radiation protection end mary others. Following each iasuo tho Associa tion reeeivos a largo rnnbor of inquiries for our other literature and for as sistance involving tho uso of load and its products*
POPES AND ARTICLES
An iaportant part of tho staff work la tho preparation of promotional and educational nrtlclos about load for magaxinos and books publishod by others and to Iceop an eye on nary publications that refer to load to soe that tho sub ject is handled properly. Sons of thoso havo already boon nontioiwd in soctlona of this roport dealing with specific usos of load.
In addition, Mr. Borcina wrote tho chapter on load for an econocie goography bolng oditod by Prof. Albert 3, Carlson, Departmont of Geography, Dartmouth College, ftj also chockod and revisoi tho sections dealing with load in "How World of Chemistry* publishod by tho Silver Burdett Co. Also rvviowod and extensively rovised was tho section on loAd for an cncyclopodia sot to bo published by the national Lexicographic Board, An articlo about what tho Association is and docs was written for publication in tho Encyclopedia of Ch^rdstry, editod by Prof. George Clark cf tho University of Illinois, to bo publishod by Kclnhold Publishing Co*
A sories of two articles on load was written for "Railway Purchases and Storos" magazine and appeared in tho Docomber, 1?51, and February, 1955 Issues. Tho secretary of tho Association, ns usual, wrote tho load section for the "Bagineorlng & Mining Journal" annual review issue, and also shorter article* on rccont developments in lead for "Iron Ago," and "Stool," Ho also again preparod the introductory tort and summary for tho load section of tho "Year Book" of th Ar-orlcan Bureau of lA/tnl Statistics*
Tho Association supplied photographs and drawings for tho soction on soloctlon and application of point in "Modorn Farm Shop" recently publishod by tha 3tock Co,, Austin, Tox,, which contains excellent recommendations for whit* lead
paint. It is ono cf the ".lorktext" series for vocational agriculture students*
4*^***& <pgwwwmjjwt.n fi iyu,iwnLi|w>ni
uU^909
!
if
0
.Annual Mo* ting
- 10 -
April 27-28, 1955
PACKAOm
The Association^ Packaging Cocriitteo did not Boot during 195b because there seemed to bo llttlo nood. Aa an lniiroct result of this Coccittee's earlier deliberations, however, individual load producers worked with individual conauaer* and succodod in solving some of the problems brought out in Cosritteo by producing one-ton blocks now being supplied coamercially for some consumers, reportedly at a considerable earing to consumers who aro quipped to use then.
STATISTICS
No changes in the etatieticnl services of the Association occurred during the past year. However, several (tape wore taken to improve tho statistics by get
ting greater cooperation from eortain non-menbor consumers resulting in greater aocuracy, particularly in tho lead consumption and stock reports.
Members wero provided with a convenient conprehonsive report of 0. S. lead production, imports, consumption and average yearly prices for tho years 19255b, compiled by the Association fron reoogTiisoJ published sources.
To answor requests from sovoral lumbers we issued a complete report of the charges in the tariff on load and lead products since 1930, as provided by the U. S. Tariff Coerdeslon, and supplied it to all members in March, 195b.
Tho secretary servos cn several committees in Washington dealing with statistics, such ns Industry or lovornaent Advisory Committee on Schedule B Revi sion, Purosu of Census) ani Advisory Council on Federal Reports, Standard Industrial Classification Code, Cocnittc-o or. Primary Metal Industries and Mining. He attended
a meeting in March at which certain interests attempted greatly to curtail the load statistical sonrices of tho Bureau cf Minos. We nado evory effort to see that no curtailment wmuld be made that would reduce tho value of these services to our mem bers, and with the holp given us by members, we boliovo we wore successful. In fact, tho tirolinoss of Bureau reports has improved.
MEMBERS KIP
No changes in nomborship took plaeo during 195b. Slnco tho first of this year, howuvor, throo now members havo boon added - Pend Oreille Mines and Metals Co,, a relatively new, important and growing load mining company in the State of Washington, and two secondary smelters, Dixie Load Co., of Dallas, and Aaron Furor and Sons Ce., cf Omaha.
MISCELLANEOUS
This ropert can not tell in detail of tho hundreds of individual problems that come to the staff by mail, phone and personal visit, fron both members and nonmembers, Mary of thoso aro time-consuming, but an offort is slwjys made to assist the lr/}ulrur to tho fullost of our ability, Much time is also doveted to maintain
ing liaison with the various technical ar.d trado organisations and Rovemaont agen cies that have ary tearing whatsoever on our products.
Tho Association Is represented on tho National Tochnical Task Commltteo
on Industrial Wastos of tho U. S. Department of Health, Education and Welfare, which mot once during tho year.
uuumwwwr
I >1..MW LIA20910
CD
Annual Matting
U April 27-48, 1955
Wo wore again invited to attend, and accepted, the Annual Battery Con ference eponaorod ty tho Signal Corps Engineering Laboratories at Fort Monmouth, N. J. Members wore provided with a roport of papers of Interest to tho load In-' dustry.
A load panel was prepared ty tho Association as a port of a permanent periodic table exhibit at tha Franklin Institute, Philadelphia. It Includes a number of samples of load products and an information card file giving more de tails of tho properties of load*
INTtRHATIOB BULLETINS
These have boon Issued approximately monthly and roqulro caroful peru sal of scores of publications. They are also a moans of keoplng members Informed of important Association activitlos,
RADIATION SKIKLnTHO
In recognition of tho growing potential market for lead as a nuclear shielding material, your Association has attempted to keep abreast of developments. We have talked with a number of oxperts In the field to determine our position and what tha industry can do to Improve it. Our talks with the editor of "Nucloonlcs* magazine so interested him that he has informed us of his lntontion to have a study of shielding materials mado for the magazine. He also told us of a book now In preparation on this subject for tha McGraw-Hill Book Co. Yio have contacted tho
0 author and ha is on our annual mooting program. He has been lnvitod to relate some of tha shielding problems to our Technical Steering Comdtteo. We have also made plans to attend sovoral nuclear conferences during tho coning yoar, and attended an international nuclear conference sponsored fcy the American Institute of Chemical Engineers at Ann Arbor, Mich., during 195h*
CERAMICS
Tho potentialities of high lead contort porcolaln onanolod aluminum wore reported to the membership at tho 1951* annual mootins by B. C. Bricker of the duPont Co. Indications aro that during the year this product has mado substantial cocaorcicl progress* This has led us to work closely with leading producers of tho product end material is being gathered for publicity purposes. It has further led us to investigate other possibilities of expanding tho uso of load in ceramics and it seems likely that efforts in this diroction could aoct with success. As mentionod earlier tho uso cf load in ceramics mado a substantial gain (12 percent) in 1951* ovor 1953, when load consumption was falling about 8 porcent. It might bo wise to cast our lot with a growing market and not doloy until something olso has made inroads on it, os this industry has so ofton dono.
CABLE SHEATHING
Discussions with ona of our cable manufacturing members havo resulted in a suggestion from them that rosoarch bo undertaken to find bettor cable sheath alloys.
0 It is thoir fooling that such a program might protect tho still sizablo siarkot for
lead in their industry. The matter has boon referrod to tha Technical Steering Com mittee for study and roeonroondations. We are active on the Cablo Sheath Corrosion CorjLitteo of the National Association of Corrosion Engineers.
i
Annual Itotlng
i
LIA20911
\
12 - April 27-29, 1?55
PSt CAPITA C0K3PMPTI0W OF LEAD
Wilts lead Rod lead & litharge Storage battorlea Cablo covering Building Calking Tetraethyl ,`jonunition Foil Bearing natal Colder Typooetal Other usos
Total
Average Tearly Conjunction (a)
(In short tons)
1925-2?
1950-5U
123,900 35,100
195,000 180,b00 ?2,b00 31,100
(0 35,600 3b,500 33,200 36,200 16,bOO 86,100
900,200
23,800 68,500 35b,500 139,700 58,bOO 17,300 11*1,100 31,700 3,600 29,900 69,600 26,300 lbb.OOO
1,138,bOO
Average Tearlj Consunptlon
For Capita (b) (In pounds)
1925-2?
1950-5b
2.08b 0.596 3.280 3.03b 1.55b 0.52b
(c) 0.600 0.580 0.558 0.608 0.276 l.bbB
15.11*2
0.303 0.873 b.520 1.781 0.7b5 0.603 1.7?? O.bOb 0,0b6 0.381 0.887 0.335 1.837
lb.51b
(a) A.B.k.S. (b) Avorago U.S. population for tho 5 years concerned, that is 1925-2?,
118,906,000j 1950-Si, 156,066,000. (e) Included with "Other Usos"
P9MUI IfMIL**'***!*
sw*
*4209 12
LEAD INDUSTRIES ASSOCIATION
W LXXINflTOM AVKNUt NEW VOftK IT, M. T.
April, 1955
MDSCP-S or THE m UTOUSTRIES ASSOCIATION
Allied Smelting Corp*
$116 W, Lincoln Ave. Milwaukee 11*. His,
Alpha Motals, Inc,
box 3b, Bergen Station Jersay City b, H, J,
The American Metal Co*, Ltd,
61 Broadway
Mew fork 6, H. T,
American Smelting 4 Refining Co,
120 Broadway
Hew fork 5, H. T,
Anaconda Copper Mining Co,
25 Broadway
New lork It, N. I.
The 0. A. Avril Co*,
Langdon Farm Rd. 4
Coed Products Division
Seymour Ave.
Cincinnati 12, Ohio
Bora 4 Company, Inc*
Ashland 4 Lewis Sts. Riiladelptda 21*, Pa.
Broken Rill Associated Saultors
Proprietary Ltd*
Collins (bust
Melbourne Cl, Austral:
Broken Rill South, Ltd*
Box 19b-C, G.P.O.
Melbourne, Australia
Bunker HUl 4 Sullivan Mining and
Concentrating Co*
Box 29
Kellogg, Idaho
Cambridge Smelting Co,
100 Pacific St,
Cambridge, Mass.
Cerro do Pasco Corp,
L0 Hall St.
New lork 5, H. X.
The Consolidated Mining 4 Soolting
Box 300,
Co* of Canada, Ltd*
Place DUmes
Montreal 1, Canada
Day Mines, Inc,
Wallace, Idaho
Dickson Weatherproof Bail Co,
Box 590
Evanston It, HI,
Division Lead Co,
77U2 W, 61 Place
Surr.lt, 111*
Dixio Load Coe
P.O, Box 9131 .
0a1X4S| To q c a#
E. I. duPont de Honours 4 Co,, Doe,
Wilmington 98, Del,
The Eaglo-Pichor Co,
American Building
Cincinnati 1, Ohio
Tbs Electric Storage Battery Co,
Box 6109
Philadelphia 1, Pa.
Ethyl Corp.
100 Park Ave.
Hew Tork 17, H. T.
Euston load Co* (The (Hidden Co.)
500 Penn Ave.
Scranton 3, Pa,
Evans Lead Division (Rational Lead Co.) Box 1L67
Oiarleston 25, W, 7a*
Evans Metal Co*
Box 97, No, Side Br, Atlanta, Oa,
Federated Metals Division of
American Smelting 4 Rofining Co*
120 Broadwty
Hew fork 5, H. X,
Aaron Ferer and Sons Co,
1CQ.-19 S. 8 St.
Omaha 8, Nebr*
The Fireston Tire 4 Rubber Co*
Box F, Firestone Park Akron 17, Ohio
The Flom Lead Co., Inc* W.P* Fuller 4 Co.
52-01 31 Place 301 Mission St*
Long Island City 1, H San Francisco 19, Cal.
Gardiner Metal Co*
4820 5. Campbell Ave* Chicago 32, _ HI*
Glaser Lead Co., Inc*
31 Vyckoff Ave.
Brooklyn 27i H. I*
Goldsmith Bros. Smelting 4 Refining Co* 58 E. Washington St, Chicago 2, niT
Hammond Lead Products, Inc.
5231 Hohman Ave,
Hammond, Ind*
Hocla Mining Co*
Wallace, Idaho
Hudson Smelting 4 Refining Co* Imperial Type Metal Co*
85-95 Hratt Ave, 31*00 Araaingo Avo*
Newark 5, H. J* Philadelphia 3b, Pa.
International Smelting 4 Refining Co,
(Anaconda Sales Co., Agents)
25 Broadway
New lork b, H. X.
lho Johnston Foil Manufacturing Co* Knapp Mills, Inc*
6016-6120 S. Broadway St, Louis 11, Mo,
23-15 Borden Ave,
Long Island City 1, N.
Lead Prodiets Co. Inc*
P.O* Box 13bl
Houston 1, Texas
Associate Member
1
N 2406.02
MP
UA20913
-2-
April, 1955
MEM?513 or THE LEAD INDUSTRIES A330CIATI0X
John R, MacOregor Lead Co* Metro Saslting Co* Mike (torse Mining 4 Milling Co* The Murdock Load Product* Co*
National Lead Co* He* Park Mining Co* North Broken HlU, Ltd* Northwest load Co* The Okonite Co* Pend Orollle Mines 4 Metals Co* PunnsyIrani* Smelting 4 Refiniig Co* Rielps Dodge Corp. River Saelting 4 Refining Co* Rochester Lead Kories, Inc* St. Joseph Lead Co* Shattuck Denn Mining Corp* Sipi Metals Corp. Standard Rolling Mills, Division of
Revere Copper 4 Brass Inc* Sunshine Mining Co* Unitod American Metals Ccrp* United Park City Mines Co.
United States Sneltlrg Refining and Mining Co.
The Victory White Metal Co*
tyxan Vienor 4 Sons Vulcan Lead Products Co* The Uensley Metal Products Co* Western Eloctric Co* Inc* Western load Products Co. White Metal Rolling 4 Stamping Corp* Winchester Repeating Ires Plant,
01in Mat hie son Chemical Corp* The Zinc Corp* Ltd*
1520 W. 15 St. Ontario 4 Bath Sts* 620 Powor Bldg* P. 0. Bo* 5290 111 Broadway
Bo* 1905-R, 0.P.0* 2700.16 Are., S. V.
Old Natl. Bk. Bldg. 3100 . Ontario St. 1)0 Kali St. L19S Bradley Road 360 Exchange St* 250 Park Are. 120 Broadway 1706-1720 Elston Are.
Chicago 23, 111* Philadelphia 31), Pa. Helena, Mont* Dallas 2, Texas
Ha* lork 6, N. I. Keetlcy, Utah Melbourne, Australia Seattle It, Wash. Passaic, N. J. Spokane 8, Kash*
Philadelphia 31), Pa* New Tork 5, K. I. Cleveland 1, Ohio Rochester 8, H, I, He* Tork 17, M. I, Hew Tork 5, H. T. Chicago 22, 111*
196 Diaaond St.
Brooklyn 22, X. I,
115 X. Second St.
Taklna, Kaah*
193 Diamond St,
Brooklyn 22, X. T.
Continental Bonk Bldg. Salt Lake City 1, Utal
57 Killina St. 6100 P.oland Ave* 5300 Hatcher SU 151)5 V* Pierce St. lil)5 Osage St* 195 Bro&dvy L530 E. Pacific Kay
80 Moultrie St.
Be* Toric 5, X. T. Cleveland 27, Ohio Richmond 5, Va* Milwaukee L, Vis*
Denver 1), Colo*
Hew Tork 7, X. T. Lcs Angeles 22, Cal* Brooklyn 22, X. T.
Bo* 381)-D, O.P.O.
Bo* Baron l), Conn* Melbourne, Australia
Associate Member.
v
-WWft
m
"low*
"-l-ra--BTSlini |W|l|l;i>i-yT LIA20914
iW*-sBSW'1- ~r
r
AX'iUJUL. MEETING
HASKINS & SELLS
CCRTiniD RwftilC *ecoum*NTI
J
r
scKiarr `s*
t.yril 27, 1755
1.
r OlO ITHKT
NEW YORK, 4
ACCC7TOTAOT31 CER7IFICATS
Metal Powder Association: Ve have examined the balance sheet of Metal Powder
Association as of December 31, 1954 and the related state ment of Income, expenses, and reserve for the year then erxled. Our examination was made In accordance with gener ally accepted auditing standards, and accordingly Included such tests of the accounting records and such ether auditing procedures as we considered necessary In the circumstances.
In our opinion, the accompanying balance sheet and statement of Income, expenses, and reserve present fairly the financial position of the Association at December 31, 1954 and the results of its operations for the year then ended. In conformity with generally accepted accounting principles applied on a basis consistent with that of the preceding year.
April 7, 1955.
i
5
N 2406.03
C3
t
METAL POWDER ASSOCIATION
* BALANCE SHEET, DECEMBER 31, 1954_____________________________________
ASSETS
CASH (including savings bank deposit,$7,666.40). $15,967.28
PREPAID EXPENSES - 1955 annual meeting.....................
393.94
TOTAL.................................$16,381.22
LIABILITIES AMD RESERVE
ACCOUNT PAYABLE.......... ....................................................... $ 595.31
DEFERRED INCOME - 1955 membership dues collected In advance............. ...................................................
200.00
RESERVE................................................................................... 15,585.91
TOTAL................................... $16,381.22
METAL POWDER ASSOCIATION
STATEKE.TP OF INCOME, EXPENSES, AND RESERVE FOR TitE YEAR ENDED DECEMBER 31, 1954_____
INCOME:
Duos...................................................................
$21,175.00
Tenth Annual Spring Meeting:
Registrations.............................................. ........... 5,369.00
Exhibit space.......................................................... 4,675.00
Fall Meeting - Registrations......................
1,640,00
Sale of Proceedings..............................
2,862.26
Sale of Standards.................................
1,060.21
Interest on savings bank deposit.......... .
166.40
Total Incone.........................................
EXPENSES:
Lead Industries Association - for rent,
services, etc.............
$13,000.00
Tenth Annual Spring Meeting:
Exhibit space.......................................
1,521.06
Other.......................................................................... 5,631.43
Fall Meeting...........................................
3,017.36
Miscellaneous meetings.......... ............
176.85
Printing:
Proceedings.............................
2,283.60
Standards.......................................
1,079.56
General........................
585.56
Travel............................................................................ 1,529.18
Office supplies.................................................
847.69
Mailing.......................................................................... 1,130.38
Telephone and telegraph...................................
409,05
Entertainment and luncheons..................................
383.35
Books and subscriptions.......................................
138.49
Miscellaneous.............................
574.07
Total expenses.....................................
EXCESS OF INCOME OVER EXPENSES FOR THE YEAR..............................
RESERVE, JANUARY 1, 1954....................................................................
$36,947.87
32,307.63 $ 4,640.24
10,945.67
RESERVE, DECEMBER 31, 1954................................................................ $15,585.91