Document yrBL1XybMpy6nZdgKbrj1Bvn6
Lead Industries Association, Inc.
292 Madison Avenue New York, N. Y. 10017 Telephone: (212) 679-6020
Industry Development Committee Meeting Minutes
New York, N.Y.
November 13,, 1969
A meaning of the Industry Development Committee of the Lead Industries Association, Inc, was held on November 13, 1969 in the offices of the Association-
Present
Representing
J, S. Smart, Jr. Chairman E. V. Frawley
Lett L. Taylor W. J Veenis W . Zeek
Arthur Ash Otto Eauer M. Eonynge V. E. Dorman R. W. Conley
American Smelting & Refining Co, Amax Lead & Zinc Div., American
Metal Climax, Inc. Asarco Mexicana, S.A. Anaccnda Sales Co. The Broken Hill Assoc. Smelters Pty.
Ltd. {C.Tennant Sons & Co., Inc.) The Bunker Hill Co. Ccminco Ltd. Penarroya (Intsel Corp.) St. Joseph Lead Co. Tsumeb Corp. Ltd. (Ametalco Inc.) U. S. Smelting Refining & Mining Co.
Guests
imon D. Strauss J. Graham F. V. Higgins Russell Wallace Schrade F. Radtke
American Smelting & Refining Co. Bishopric & Lieberman Inc.
ib n
Homestake Mining Co. ILZRO
Staff
J. L. Kimberley D. M. Borcina C. A. Baker E. D. Martin J. C = Roumas J. F. Smith
Executive Vice President Secretary-Treasurer
The Chairman called the meeting to order at 9;35 A.M.
The Secretary reported that a quorum was present.
LI AC 17 75
Industry Development Committee Meeting Minutes
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November 13, 1969
The minutes of the meeting of October 25, 1968 were approved.
1970 Budget
The Executive Vice President stated that the proposed 1970 budget as sent to members on October 28, 1969 had his full approval and called particular attention to the. proposed $200,000 for 1970 Health and Safety activities which need not be entirely assessed in 1970, depending on the approved budget. He pointed out that the $200,000 raised in 1967 had been expended and as a matter of fact this fund would show a deficit of approximately $15,000 at year-end.
The Chairman pointed out that the funding of the Health and Safety activities was from all members and that a final decision will be made by the Board of Directors. He did request however, that this Committee consider the program and make whatever recommendations it desires
The Chairman then stated that it was in order to review the pro posed 1970 promotional budget and requested the Secretary to present the details.
The Secretary reported that the proposed 1970 Administrative and Promotion budget totalled $895,460 plus $200,000 for Health and Safety and then reviewed the various parts of the budget in detail.
The Chairman then opened the meeting for discussion and it was the consensus that the 1970 Advertising and Promotion budget be reduced by $59,500 with suggested reductions in the following programs?
Original Proposal
I.D.C. Suggestions
Architectural & Construction Cable Pigments & Chemicals Other Product Prom. & Design Battery Powered Golf Cars
$ 84,360 24,500 26,600 56,600 5,000
$ 64,360 7,500
19,100 46,600
Total
$197,060
$137,560
Reduction
$59,500
I-JAC 1776
industry Development Committee Meeting Minutes
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November 13, 1969
It was agreed that the reductions will be made by the staff in consultation with its agency in a manner calculated to be least disturb ing to the overall program.
The Secretary then reported that taking into account the reduc tions suggested, the 1970 Administrative and Promotional budget totals $835,960 requiring a rate per ton from pig lead sellers of approximately $1,08,
A motion was then made, seconded and unanimously carried to recom mend the adoption of the proposed 1970 budget and rates per ton as per Exhibit r A" attached.
Health and Safety Public Relations Program
The Secretary briefly reviewed the status of the Health and Safety Public Relations Program and pointed out that the Health and Safety Public Relations Committee .'of the Board of Directors would be meeting prior to the Board meeting at which time their recommendations would be prepared for presentation to the Board. The Chairman thereupon asked for an expression of opinion as to the continuance of the program. It was unanimously agreed that the program be continued and that a fund of at least $100,000. be recommended.
There being no further business the meeting adjourned at 2%50 P.M.
Sincerely,
DMB:so Atts Exhibit "A"
o
Secretary, Treasurer LI*C1777
Table I
Exhibit "A"
Industry Development Committee Meeting November 13 r 1969
A - Gross Budget, Income Expend.iturs - Balances i960 - 1969
I960 1961 1962
1963 196^
1969 1966
1967 1968 1969(6St)
Approved Budget
$371jo 569,35C 46l,000 485 ,129 62?. 7CO 699.162 6?6vb90 913>7(X) 6p 1,909 924.673
Income
as sessmenrs
Other
$ 37j .96 j
3^-0,3U 3 4 71..960 59I Pup
913.^69 6t 3 , <u9
812 846 078;3^0 623 692 606,300
$3,618 4 160 4,660 6,10-1
6 033 9,371 12,899
11,97*4
31,919 12,300
Total
Expenditures
$379)7&1 349,009 1*76,220
397,3&9 921,202 648,716
829,799 899,914
699,371 819,000
$332,944
3-19.621* 1+12,133
499,477 567,754
689,139
739,739 793,293 818,402 900,475
Operating Reserves Year-end
$194,389 179,766 24^893
181,769 139,213
98,790 l84;846 327,907 .164,476
83*001
Of income, tne special assess.ment for Health and Safety accountec1 for $96,637 '.n 1966 and $206,087 in 1967.
P-. ves ir. j per ton
Mempership
Mining
Manufacturing & Smelt & Fefiho
Assembled Articles
I960 1961 1962
1963 1964
1969 1966
1967 1968
1969
He.aJ.tn & Regular Safety
20i 12 16 16 16 16 16 2. lie 16 4 08 16 .. 20 -
Health &
Health
Regular Safety Regular Safety
9f 3 4 4 U u
4 o6i 4 1.2 4
9
14 2 A
2 2 2 .3* 2 ,,6 2
2# -
Industry Development
Pig Lead Sales
Health & Regular Safety
$.42
52 ,,65 .94 .80 1=05
1.10
.91 .90
1.17
28
L J & p 17?f
N 754.01
Exhibit "A' Industry Development Committee Meeting -2- November 13, 1969
Table II - 1969 Income and. Disbursements
Balance ,, January 1. 1969 Inc one 1969
Membersnip Ptg Le^a Sales Miscellaneous
$164,476
123 ,500 683,000
12,300
$983*476
E s t ed Expf ta: tore s
900,475
Balance . .'irray 1 ^370 (Estimated) $ 83,001 (a)
(a) Includes a deficit of $14,538 in the Health and Safety Public Relations Program,,
Table III - Approved and P^ccma-rhed Expenditures ^ 1969 1970
A - Ad,nistrative 4 Technical Service
Approved
Estimated 1969
Recommended 1970
1) Salaries 2) Payroll Taxes
3/ Pension Premium 4) Business Insurance 5) Health Insurance fr \ Group Insurance
7) Rent
8) Travel & Expenses
9) Annual & Committee Meetings
10) Professional Fees 11) Printing A Office Supplies 12) Telephone Telegram
13) Postage A Express
1*0 Subscriptions - Books & Periodicals
15) Furniture & Equipment 16) Office Services
17) Technical Association Dues 18) Miscellaneous
|196s000 7,300 16,000 1,500 -
2,500 16,500 45,000
3,500 5,000 6,000 6,000 7,000
800 2,000 8,000 1,,000 2 cOOO
$198,000 (a) 7,500
14,000 1,500 -
2,000 18,000 40,000
2,500 4,500 6,000 6,000 7,500
800 2,000 6,500
700 1,000
$217,800 (b) 9,000
16,000 1,500 2,400 (c) 2,500
24,000 (d) 40,000
3,000 5,000 6,000 6,000 7,500
800 5,000 7,000
700 1.000
Tonal Administrative
$330,300
$318,500
$355,200
Notes-
(a) Includes $2000 for temporary office help and $1,000 far
employment Agency fees.
L I 4 C 17 7 9
(b) Tms represents a 10 per cent across-the board salary increase for all staff in an attempt to make LIA competitive in the Job market and to balance the inflationary spiral.. At this time this matter has not been discussed with the Officers w.vi Board of Directors,
Table HI - (Continued)
Exhibit "A"
Industry Development Committee Meeting -3- November 13, 1969
Notes
(c) No hospitalization benefits are provided the employees
and it is recommended that HA absorb Blue Cross-Blue Shield charges.
(a/ Provides for increased rental charges at present location. Does not provide for any costs involved in moving to other quarters.
B - Advertising, Publications & Related Promotions
1) Agency Fee 2) External Public Relations 3) Advertising Space Production 4) Architectural L Construction 5) Cable 6) Industrial Batteries 7) Pigments & Chemicals 8) Other Product Pran.& Design 9) "Lead" Magazine 10) Conventions & Exhibits 11) ZK-75 ILZRO Car 12) Lead Abstracts 13) Reprints of Technical Articles 14) Test Programs 15) Illustrations & Photography
Approved 1969
Estimated 1969
Recommended 1970
$74,500
$79,800
480,000
(included in Agency Fee)
21,600
25,000
24,700
81,900
74,700
64,360
20,700
17,700
7,500
51,200
56,900
64,200
22,700
22,700
19,100
54,800
54,900
46,600
40,000
42,000
45,000
20,000
21,000
15,000
4,000
4,000
*_
14,000 " 14,000
16,000
10,000
7,500
10,000
10,000
5,000
3,000
1,000
1,000
' 16)
17) 18)
$428,400
ZALIS & Special Studies "(Approved by Board of Directors) Study on off-the road electric vehicles Detroit Field Man-Feasibility Study Zinc & Lead Int'l Service (ZALIS)
9.325
10,000 28,000
$421,200
9,325
28,000
$398,460
10,000 15,400
19) Motion Picture Distribution :
a. General b. Bureau of Mines
$47,325
$37,325
$25,4oo
15,000 2,000
15,000 2,000
10,500 2,000
-
$17,000
$17,000
12,500
LItri7c
Table III - (Continued)
-4-
Exhibit "A" Industry Development Committee Meeting
November 13, 1969
Nev Programs:
20) Battery Powered Airport Buses
Miscellaneous and Contingencies:
22) Lead Book (Monograph) 23) Corrosion Handbook 24) Annual Review 25) Apprentice Contest 26) Organization Membership 27) Miscellaneous Literature 28) Contingencies:
a. General b. ILZRO
Approved .1969
$-
Estimated 1969
$-
Reccnmended 1970
$13,000
4,000 5,000 1,000 1,500 2,150
-
1,000 15,000
2,200 1,200 2,150 3,400
3,000
1,500
10,000(see Item 23 above)
3,000 6,000 2,000 1,500 2,900 3,000
3,000 10,000
29) Health-Safety Public Relations Program
$26,650 75,000
$26,450 80,000
$31,400 100,000
C - Summary
Administrative & Technical Service Advertising, Publications & Related Promotions ZALIS & Special Studies Motion Picture Distribution Nev Programs Miscellaneous & Contingencies
$330,300
428,400 47,325 17,000
-
26,650
$318,500
421,200 37,325 17,000
-
26,450
$355,200
398,460 25,400 12,500 13,000 31,400
Sub-Total Health & Safety Public Relations Program
$849,675 75,000
$820,475 80,000
$835,960 100,000
Grand Total
$924,675
$900,475
$935,960
LIAC-17S1
Exhibit "A" Industry Development Committee Meeting -5- November 13, 1969
Table IV - Estimated 1970 Income and Expenditures and Rates Per Ton
Balance January 1, 1970 Inccine:
Membership Assessments Pig Lead Sales Interest Earned on Savings Miscellaneous
Regular
$97,539
130.000 ) 702.000 ) ' 5,000 .
5,000
Health & Safety ($14,938 )
100,000
Expenditures Operating Fund Balance Dec.31*1970
$939*539 35,2^$103,579
Memberships
Mining Manufacturing Smelting A Refining Assembled Articles
1970 r at es PER TON
General
20^
I
$ 85,462 net ____________
Health & Safety
Industry Development
Pig Lead Sales in U.S. (Est. 650,000 tons)
$108