Document yrVwJr7z4Q0kwgjYLqoKDbV02

FILE NAME Manville JMA DATE 1969 DOC JMA376 DOCUMENT DESCRIPTION Meeting Minutes - Thorpe Insulation MINUTES of the ANNUAL MEETING NATIONAL INSULATION MANUFACTURER'S ASSOCIATION Scottsdale Arizona November 2 1969 The Meeting was called to order by following in attendance Certain Gobain Cynwyd Pa President R. L. Strickland with . Strickland R. L. Strickland the GAF Corporation New York N. Y. R. W. Henry Manville Sales Corp. New York N. Y. R. E. Naylor Keene Corporation Trenton N. J. M. M. Wilson G. G. Barth Corning Fiberglas Corp. Toledo Ohio J. F. Vyverberg D. Glosser Pittsburgh Corning Corp. Pittsburgh Pa PPG Industries Pittsburgh Pa Cadwalader Wickersham & Taft NIMA APPROVAL OF MINUTES J. H. Price Jr. P. D. Kaley H. C. Mulkey G. D. Reycraft J. M. Barnhart A motion was made seconded and passed That the Minutes of the Spring Meeting of April as bulletined by the Association be approved 28 1969 TRAFFIC COMMITTEE REPORT In the Chairman's absence J. M. Barnhart reported as follows acl 2 - There were two rail proposals published in May of 1969 by the railroads which called for the attention of your Traffic Committee The first was a point proposal published jointly by the railroad bureaus which sought to increase accessorial charges in practically all areas of railroad service At approximately the same time the official lines published a proposal seeking to establish the application of Rule 34 on rates covering Mineral Wool shipped at a 24,000 minimum weight A meeting was held June 4 at the Drake Hotel in New York to determine a course of action in both instances It was decided to protest four of the 21 points in the joint proposal which would most greatly affect our industry and to seek to delay the official lines proposal until we could determine the reasoning behind it We were successful in defeating all four pointisn the point proposal which we protested Four of the committee members attended a public hearing in Montreal on July 21 by the official lines protesting the proposal to apply Rule 34. Up to the present time the railroads are still carrying the proposal on the docket but have taken no action While we cannot advise the rail carriers future course of action we have avoided an increase in charges by approximately six months to date The Traffic Committee was given the assignment of again reviewing stan- dardization of packaging in relation to carload shipping STATISTICAL COMMITTEE REPORT In the Chairman's absence J. M. Barnhart reported as follows 1 On June 16 1969 Mr. Barnhart published revised rules for statistical reporting as recommended by this committee and accepted by the Board of Directors The committee re- minds all members of a significant change concerning intra- Association purchases for resale The ultimate shipper will report the sales of ' products except where the ultimate shipper is not a member of N.I.M.A then the manufacturer shall report the sales 2 Also published on June 16th at the committee's request was a list of members trade names of products reported in each product group The list reveals six product categories in which fewer than three members report and for which to avoid disclosure no statistics are provided by Price Waterhousa A seventh item Reinforced Blankets shows only two names but statistics have appeared through April 1969 so at least three members must be reporting NINA INDUSTRY SHIPMENTS BY PRODUCT GROUP NET DOLLAR VALUE 1960 - 1968 1960 1961 1962 PRODUCT GROUP A PIPE LOCK CEMENT 15.831.1 Calcium Magnesia Calcium Silicate Silicate Etc. 12,570,53 12,570,5 312,570,53 TOTAL 85 Magnesia 1.099.884 Calcium Silicate Etc. 6.743.125 TOTAL 5.643.241 85 Magnesia Calotum 51ilicate Etc. TOTAL , 22,7380.8583 101.788 101.788 1,933,894 12,561,719 1,506,090 1,506,090 16.939.769 14.063.805 14.063.805 847.895322,82528,2282 a ..00595,92,62464 .059,264 852,282 852,282 .770.785 .770.785 18.073 18.073 18.073 89.445 63.N63A0 63.630 SUB TOTAL " PRODUCT GROUP LOOSE & GRANULATED BLOCK Net ProcESS CEMENTS BLANKETS Insulating Finishing Plain Faced & Costed Reinforced PIPE FIBROUS & CELLULAR BOARD FELT Plain Faced & Coated ALL OTHE SUB TOTAL GRAND TOTAL 21,935.786 = 20.729,428 18.507.224 > 271,493 1,899,525 1.083.476 1,030,129 10.179.409 10.330.878 952.567 20.607,230 7.503.018 2.471,295 155.005 56.434.005 56.434.05 197,174 339.035 1,829,135 2.020.850 983,278 823.495 1,101,015 1,101,015 1,101,015 1,135.296 11,433,617 11,192,424 11,192,424 10.718.782 10,299,950 1,035.983 923,051 22,841,865 23,463,723 2.965.598 3.790.087 2,616,303 110.046 = 7.232.997 68,859,26838,859,283 60.565.597 60.56.597 78,369.791 = 81,386,713 81,386,713 81,386,713 79.467.815 ; 1963 1964 a1985 _ 1966 1267 1968 13.62.460 13.626.46013.626.460 1.219.11830.626.460 MAMA 13.626.46013.626.460 14.283.44814.283.448 4.897.3 2 575.900 4.324.332 4.897.332 NNAA 74.478.816 74.478.816 69.855 NA NA HA 69.609.05569.505 See 73.577 15,812,727 18.826.935 : NANA 16.4517256 16.4517256 UNAA 4.385.827 4.385.827 4.385.827 NA NA 6.393 NA up 3.224.528 o. + 7 > 21,244,076 '21.561.325 116 NA RP DA 977653181658,074.23215,074.232 NA LA 73.571.819 NA M 3.182,413 3.182,413 - oo oo or 24.209.665 = 20.176.651 338.775 1,920,173 041,704 1,171.537 11,046,762 11.500.974 772.048 24.924.348 7.933.129 3.029.065 170,175 63,8480698 63,8480698 83.461.437 337,826 165,364 1.784.743 1.784.743 1.765.646 ' 830,899 732,504 1,028,581 12,53.09 1.090.739 13.932.095 12,533.309 02.099,360 11,267,629 808,761 895.492 27.453.503 28.147.753 7.927,991 8.313.490 3.495,650 6.085.261 80.186 55.126 89.779.597 | 59,092,339 130,356 1.125.318 440.595 762,214 13.087.309 12,788.559 744.366 744.366 30.028.751 30.028.751 30.028.751 3.659.342 3.659.342 2.604.495 2.604.495 : 9 85.431732 85.4317332 140.268 553.278 416.311 791.631 791.631 13.619.2 4.341.398 649.934 649.934 | 31.414,525 31.414,525 3.264.65E 3.264.65E 3.307.879 3.307.879 65.771.66165.771.6615.7 1.6 1 52.817 950,665 413,685 413,685 800,549 800,549 12.695.05 12.695.005 = 17.436.999 17.436.999 559.910 | 31.492.975 2.151,807 2.151,807 3.790.757 oid 3007857159 3007857159 3007857159 88.606,572 30.336.415 76.993.052 92.981.326 20.961.820 DETAIOLF CATEGORIES NOW CONSOLIDATED AS BOARD & FELT PLAIH BLOCKS FELT & & BOARDS BOARD & FELT Cold Use Up to 4-1 4 Cu.Ft Cu.Ft 5.628.980 451.862 | 71,,47245,501.7087 | 5,23432,794,2957 Plain 7.383.018 Over 4-1 Cu.FCu.Ft.Plainit.Plaini 422,176 6,025,621 339.949 1,424,517 5,623.938 342,942 1,266,317 6.227,697 .934333,1,61023453,160 5.605.444 5.605.444 NA 1.532.963 1.532.963 3271935-3271935- 3703,498 MA37303,498 73.6591342 73.6591342 73.6591342 : NA MA 3.269065 3.269065 3.269065 NA 2.157.887 2.157.887 2.157.887 Statistical Committee Report 11/2/69 ee ee ee ee ee ee me cee ee - rd -- ats ' , ! ; 3 4 =~3- To reduce the bulk tasks of reporting portable items be of the reports and perhaps the and compiling should the unre- eliminated from the forms The chairman was unable to provide on the date requested information on other insulation manufacturers However the chairman of the Membership Committee has indicated that suf- ficient information was available for the group to continue its deliberations and recommendations As a part of this report attached is a table of industry shipments by product group for the years 1960 through 1968 PUBLICITY COMMITTEE REPORT In the Chairman's IDCNA News insert this year absence had been J. M. Barnhart completed and reported that two that more one issue of were planned the for TECHNICAL & RESEARCH COMMITTEE REPORT J. M. Barnhart reported as follows Since the April 28 1969 NIMA Spring Meeting the technical activities have included the following June 3 1969 V. A. Washington D. C. June 30 July 1 2 1969 ASHRAE Meeting Denver Colo August 11 1959 Glass Section & Committee Meeting New York N. Y. August 14 September 12 1969 Coast Guard Washington D. C. October 9 10 1969 & Committee Meeting New York N. Y. October 12 13 14 15 1969 ASTM 16 Committee Meeting Dearborn Michigan October 29 1969 ASTM E Committee Meeting Philadelphia Pa aha VETERANS ADMINISTRATION WASHINGTON C. June 3 1909 This agency was visited for the purpose of attempting to gain acceptance of the use of duct liner and duct systems in sensitive areas of the VA's facilities ASHRAE MEETING DENVER COLORADO June 30 July 1 2 1969 Technical Committee Meeting 2.4 of ASHRAE was ing to thermal insulations and vapor barriers attended Items were discussed pertain- - GLASS SECTION R MITTEE MEETING NEW YORK Y. August 11 1969 The Committee met for the purpose of discussing the proposal of the Coast Guard regarding fire testing of products COAST GUARD WASHINGTON D. C. . August 14 and September 12 1969 This agency was visited with various members of the Glass Section R Committee members to discuss the proposed ISO test procedure for incombustibility T^ RCOMMITTEE MEETING NEW YORK Y. October 9 10 1969 The Molded Section and Mineral Fiber Sections of the R Committee met and the following items were included on the Agenda - 1 ISO Test for Noncombustibility 2 Thermal Conductivity Testing 3 ASTM Specifications a Stress Corrosion b ASTM C533 4 Temperature Limits 5 Conductivity Curves -5 - . ASTM 16 COMMITTEE MEETING DEARBORN MICH October 12 13 14 15 1969 This meeting was attended and the following subjects were discussed 1 Stress Corrosion Test 2 Proposed Revisions to a b ASTM C533 ASTM C553 ASTM 5 COMMITTEE MEETING PHILADELPHIA PA October 29 1969 . Committee This meeting was attended for the purpose of discussing a pro- posed method of test for fire endurance of duct systems MOLDED SECTION COMMITTEE REPORT In the Chairman's absence J. M. Barnhart reported on the activities of the Committee in accordance with the Minutes of their Meeting which is attached hereto and made part of these Minutes MINERAL FIBER SECTION COMMITTEE REPORT In the Chairman's absence J. M. Barnhart reported on the activities of Committee in accordance with the Minutes of their Meeting which is at- tached hereto and made part of these Minutes the The Mineral Fiber Section is asked to study the feasibility of identification of blanket products DUCT SYSTEMS COMMITTEE REPORT . J. M. Barnhart reported on the activities of with the Minutes of their Meetings which are part of these Minutes the Committee in accordance attached bereto and made EDUCATION & LEGISLATION COMMITTEE REPORT In the Chairman's absence J. M. Barnhart reported as follows 1 The Massachusetts Bill 707 was brought to a successful conclusion nm = = 2 Dr. J. Konzen Dr. L. B. Grant F. H. Edwards and C. L. Sheckler at- tended an AIHA Meeting in Denver Colorado in May 1969. The ACGIH placed the threshold limit of fibrous glass at 15 mg of air the same category as nuisance dust Discussions with senior industrial hygienists of the Federal Inspection Committee who are responsible for enforcing the Healy Act pertaining to the adoption by the Federal Government as law the proposed TLV for Asbestos dust of 12 fibers of air Based on British Standards of 2 fibers of air there was considerable tendency to establish a federal regulation of 6 fibers of air This level is still being considered as of this date : 3 On June 9 1969 the NIMA education task force team made a presenta- tion to the Southeastern States Associated Asbestos Contractors at Pine Mt. Ga There were approximately 50 contractors present and the response to the presentation was extremely favorable 4 On June 24 1969 the Committee met and reviewed a draft of the fibrous glass position paper 5 On June 17 1969 Dr. L. Cralley C. L. Sheckler and J. M. Barnhart attended a meeting at Cooper Union New York N. 7. that was spon- sored by Dr. I. Salikoff in conjunction with air pollution derived from fibrous materials used at construction sites Dr. Selikoff re- viewed the same old material pertaining to the Asbestos Workers Mr. A. Hutchinson was also on the program and again took the oppor- tunity to vigorously attack the use of fibrous glass 6 On July 23 C. L. Sheckler met with Captain Rosenwinkle USN in connection with the Navy recommendation to discontinue the use of asbestos The Captain clarified the recommendation in that the ob- jective was not to discontinue the use of the material but to find new products and methods of use that would reduce the asbestos dust concentration 7 On August 21 1963 C. L. Sheckler met with Drs de Treville and Grosse in Pittsburgh Pa in conjunction with progress made to date on the fibrous dust study and evaluation of work to be done in the future On September 18 1969 C. L. Sheckler met with officers and attorneys of Thorpe Insulation Co. Los Angeles Calif for the purpose of assisting them with problems of litigation resulting from alleged exposure to thermal insulation products The case in question involved a sheet metal worker with potential exposure to all types of insulating materials plus occupational pulmonary health problems On September 23 1969 the Task Force team was forced to handle dual problems therefore J. F. Vyverberg went to Chicago Ill to meet with engineers in conjunction with adverse propaganda relating to fibrous glass being distributed by the Illinois Contractors Association -Je- Simultaneously C. L. Sheckler and J. M. Barnhart addressed the Thermal Insulation Society of South Charleston West Virginia on the subject of health aspects of thermal insulation kRakhee A Meeting of the Committee will be held prior to the year end to discuss . specific plans for 1970 keank he . J. P. Vyverberg reported that three documents were available pertaining to fibrous glass as follows 1 Health Aspects of Fibrous Glass in Heating or Air Conditioning Ducts It was agreed that this document should not be circulated but should be used as a reference for answering health inquiries by customers engineers school boards etc. 2 Summary of Documented Medical Evidence on the Health Aspects of Fibrous Glass 3 Questions and Answers About Fibrous Glass in Heating and Air- Conditioning Ducts It was agreed circulated on that the latter documents a limited basio could be duplicated and Each fibrous glass manufacturer is to be billed 1,135.00 to cover the cost of the above documents It was reported that a monitoring service had been engaged to keep abreast of any pending legislation as it relates to the use of mineral fiber asbestos etc. in ducts OCCUPATIONAL HEALTH & SAFETY COMMITTEE REPORT In the Chairman's absence J. M. Barnhart reported as follows The Kettering Duct Study is at the present time in its final phases The field work has been completed and Dr. Cholak should at this time be compiling his report The Workers Environmental and Duct Study evaluation being car- ried out at the University of California at Berkeley by Dr. Clark Cooper and his group is progressing at a reasonable rate They have found low airborne concentrations of fibrous glass in both the work- ing environment of the installers as well as in the airstream in- side fibrous glass containing duct systems At the present time they C are attempting to further characterize these exposures Attached are the Memos for Recorodf the reetings held with Dr. Cooper's group September and October covering more fully the findings and progress of this meeting Also attached is the letter to Dr. Cooper which sums up our understanding of the progress as well as the work that is to be done during the next three months REPORT OF NOMINATING COMMITTEE COMMITTEE M. M. Wilson reported that the Nominating Committee proposes the following Slate of Officers and Directors be placed in nomination for the year 1970 . President Vice President Treasurer P. D. Kaley R. E. Naylor J. F. Vyverberg Board of Directors P. D. Kaley Chairmen G. T. Overholt Jr. R. L. Strickland R. E. Naylor M. M. Wilson J. F. Vyverberg J. H. Price Jr. PPG Industries : Burlington Industries | Certain Gobain Manville , Keene Corp. Corning Pittsburgh Corning A motion was made seconded and passed That the slate of Officers and Directors as proposed by the Nominating Committee be elected ELECTION OF EXECUTIVE COMMITTEE P. D. Kaley nominated the following to serve on the Executive Committee for 1969-1970 P. D. Kaley R. E. Naylor J. H. Price Jr. R. L. Strickland M. M. Wilson REPORT OF LEGAL COUNSEL akweekeeek APPROVAL OF MINUTES OF BOARD OF DIRECTORS MEETING A motion was made seconded and passed That the Minutes of the Board of Directors Meeting of April 29 1969 as bulletined by the Association be approved TREASURER'S REPORT J. P. Vyverberg outlined the Association's Balance Sheet Statement of Income and Expenditures and the Duct System Program as of September 30 1969 The Treasurer's Report is attached hereto and made part of these Minutes A motion was made secondad and passed to accept the Treasurer's Report MEMBERSHIP R. E. Naylor reported that the Committee R. E. Naylor John H. Price Jr. Hugh Mulkey and George Barth had met on September 18 1969 in Pittsburgh Pa as follows GENERAL A critique was made of the proposed new constitution dated June 19 1969 and observed that based on its contents it has been precluded that NIMA was going to change its scope to include all thermal in- sulations rather than the Industrial and Commercial as now estab< lished The Committee therefore felt that our charge to recom mend to the Board of Directors of NIMA whether a change in member- ship and concept was desirable seemed academic in light of the Constitution Committee's recommendations No one had any revised Laws to proceeded go with the proposed Constitution changes therefore to use the old Constitution and The Committee Laws as the basis for our meeting - 10- QUESTION Should NIMA expand their membership and operational policies to include other types of insulation materials than presently included as well as include uses other than Commercial & Industrial applica- tions into its scope ed ANSWER 1 The insulations market today encompasses many areas other than as first defined and like products have a multitude of appli- cations in the acoustical decorative and structural fields It is therefore recommended that the association encompass materials and markets involved in thermal applications only 2 The advent of new uses and new products brought about by the quickening pace of technological advancement in our field requires that the association on a planned basis expand its scope to include other insulation materials and like materials sold in other markets QUESTION How will this benefit and our total thermal the present NIMA organization insulations industry member companies ANSWER 1 The growing multiplicity of use for the same product in different markets requires that performance standards be estab- lished for markets regardless of the materials involved This is particularly true where government agencies are involved Expanding the association will insure greater coordination be- tween market segments 2 The voice of the association will be much greater in the areas of mutual problems than will the combined voices of segmented or fractionalized associations as is now the case The collective financial strength of a unified association will allow us to approach industry problems concerning labor legislation health and safety traffic etc. on a consolidated and solidified basis to protect the interests of our industry Involvement association and product of higher management of the major corporations in work will be necessary due to the crossing of market lines of the expanded organization 5 Greater stature and recognition will be given to the association because of its expanded representation sees ete eee SP nema eo mens ere mee QUESTION Based on this thinking should the organization be called the National Insulation Manufacturer's Association ANSWER No. It is our recommendation that the expanded association be called the Thermal Insulation Manufacturer's Association TIMA . QUESTION What markets and products should we consider in TIMA + ANSWER Markets Products- Residential Commercial Industrial Transportation OEM Mobile Home Home Insulations Roof Insulation Perimeter Insulation Mobile Home Insulation Metal Building Insulation Refractory Insulation Duct Systems & Liners Piping & Equipment Insulation Marine Hullboard Insulation QUESTION How should TIMA be organized ANSWER See attached Organization Chart QUESTION What staff support Committees should be established to assist the various Committees ANSWER 1 Legislative 3 Health & Safety 4 | Traffic 5 Market Analysis " 6 Credit Technical Committees will be established for each Industry Committee - QUESTION What should be our order for expanding to new insulation materials BOARD OF DIRECTORS - EXECUTIVE SECRETARY _! MANAGING SECY BLDG MTLS SECTION _ MANAGINSGECYSECY ' COMMERCIAL & IND SECTION INSULATION RES HOME INSULATION INSULATION BLDG ROOF PANELS & | INSULATION MOBILE & MODULAR REFRACTORY INSULATIONS DUCT SYSTEMS & LINERS EQUIP & INSULATIONS TRANSPORTATIO ANSWER 1. Other Mineral Fibers 2 Mineral Fibers 3 Poams QUESTION What should our next move be ANSWER _ in Establish a NIMA Committee to refine the approach in Formally discuss with National Mineral Wool Insulation to see if they are interested 3 Jointly develop the ground rules of TIMA . A Committee consisting of R. E. Naylor Chairman John H. Price Jr. and J. F. Vyverberg were appointed to establish the groundwork to set up a thermal insulation association to include segments of the industry other than industrial An initial report is to be made to the membership by January 15 1970 It was suggested that the NMWIA be contacted to secure their reaction 1970 BUDGET _ A motion was made seconded and passed That the Budget for 1970 shall be in the amounotf 47,190.00 OTHER BUSINESS a It was agreed to allocate 1,000.00 in 1970 for ASAE education course b A motion was made seconded and passed That the shall be By Laws be amended to include elected for a year term that Officers c d It was suggested that the subject of common products the Education & Legislation Committee discuss wording of precaution on labels for asbestos It was agreed that the NIMA Spring Meeting be held on April 27 1970 at the Seaview Country Club if possible 28 ADJOURNMENT There being no further business the meeting was adjourned Respectfully submitted a nN : Barnhart , t NATIONAL INSULATION MANUFACTURERS ASSOCIATION INC 441 LEXINGTON AVENUE - NEW YORK N. 10017 BALANCE SHEET as of September 30 1969 CURRENT Chase Manhattan Bank Bowery Savings Bank Emigrant Industrial Savings New York Bank for Savings Seamens Bank for Savings Bank ACCOUNTS PAYABLE Academic Press American Express Cross & Brown N.Y.State Income Tax City of New York District Director L. M. Simon Price Waterhouse & Co. Cadwalader Wickersham & Taft Spartan Stationers e Balance as of December 31 1968 Balance - Income over Expenditures Balance as of September 30 1969 Total Liabilities and Surplus 23,014.62 11,486.12 12,670.11 11,580.41 10,908.48 69,659.74 $ 25.00 313.90 240.07 80.00 6.00 270.00 42.40 950.00 700.00 9.00 28.72 59,081.14 7,913.51 2,665.09 66,994.65 69,659.74 Adjusted balance by 0.02 to agree with bank balance October 11 1969 STATEMENT OF INCOME & EXPENDITURES January 1 through September 30 1969 INCOME Assessments Miscellaneous Savings Account Interest 35,819.25 145.00 1,706.27 - 37,670.52 EXPENSES Salaries Taxes Pension & Health Plans Secretarial Service & Office Other Office Expenses Office Rent & Electricity Travel & Conference Supplies Meeting Expense Attorney Authorized Expense Statistical & Audit Publicity Health & Safety Program Contingencies IDCNA Manual Total Balance - Income Over Expenditures Balance as of December 31 1968 Balance as of September 30 1969 13,764.94 13,764.94 433.42 1,606.13 841.63 568.68 1,753.06 2,882.68 907.47 2,298.93 346.67 346.67 2,200.00 153.40 2,000.00 29,757.01 $ 7,913.51 59,081.14 59,081.14 66,994.65 Adjusted balance by 0.02 to agree with bank balance October 11 1969 NIMA COMPARISON ACTUAL EXPENSES TO BUDGET As of September 30 1969 INCOME Assessments Miscellaneous Savings Account Interest ACTUAL 35,819.25 35,819.25 136.00 1,706.27 37,661.52 BUDGET 33,750.00 1,500.00 35,250.00 PROJECTED 1968 45,000.00 2,250.00 47,250.00 EXPENSES Salaries Taxes Plans ry 13,764.94 12,750.00 19,000.00 433.32 375.00 500.00 rc Pension & Health Plans tear Secretarial Service & Office Other Office ExpenseElectricty Office Rent & Electricity er Travel & Conference Meeting Expense Supplies 1,606.13 841.63 568.68 1,753.06 2,882.68 907.47 1,600.00 1,700.00 950.00 1,650.00 3,375.00 3,375.00 1,125.00 1,606.13 1,500.00 1,200.00 2,300.00 4,500.00 1,500.00 Authorized Expense Statistics & Audit Publicity Health & Safety Contingencies IDCNA Manual Program 346.67 2,200.00 - 153.40 - 2,000.00 2,400.00 565.00 2,400.00 2,250.00 1,125.00 125.00 - 3,200.00 600.00 3,200.00 3,000.00 200.00 - 2,000.00 29,757.01 32,390.00 44,305.13 44,305.13 October 11 1969 NIMA 1970 BUDGET INCOME . Assessments Savings Account Interests Total EXPENSES Salaries Taxes Pension & Health Plan Secretarial Services & Other Office Expense Office Supplies Office Rent Travel & Conference Meeting Expense Attorney Authorized Expense Statistics & Audit Publicity Health & Safety Program . Contingencies Total 45,000.00 2,000.00 47,000.00 20,840.00 800.00 1,600.00 2,250.00 1,250.00 2,300.00 4,750.00 1,750.00 3,200.00 750.00 3,200.00 3,000.00 1,000.00 500.00 47,190.00 October 11 1969 DUCT SYSTEMS PROGRAM BALANCE SHEET as of September 30 1969 CURRENT : Manufacturers Hancver Trust Petty Cash Fund Accounts Receivable Total 100,757.67 250.00 5.000.00 106,007.67 ACCOUNTS PAYABLE University of California Mauville Xerox J. M. Barnhart Corning Wathen Walsh Balance as of December 31 1968 ; Balance - Income over Expenditures Total Liabilities and Surplus 24,750.00 19,240.00 250.00 109.22 1,120.77 $ 45,515.05 $ 44,888.33 15,604.29 106,007.67 October 11 1969 C DUCT SYSTEMS PROGRAM STATEMENT OF INCOME & EXTENDITURES as of September 30 1969 INCOME Assessments SMACNA Manual West Coast Study Mass Bill 707 Accounts Receivable Total EXPENSES Travel & Conference Technical Program Reinforcements Fire Testing Code Program Promotional Program Apprentice Statistics Legal Fees West Coast Training & Audit & Mass Bill Study Kettering Study 707 Balance - Income Over Expenditures Balance as of December 31 1968 Balance as of September 30 1969 $ 55,000.00 00.00 34,000.00 10,750.00 5,000.00 105,350.00 105,350.00 $ 1,586.37 11,109.72 14,243.06 969.85 25,946.98 2,436.09 325.46 6,052.51 25,325.67 1,750.00 $ 89,745.71 $ 15,604.29 44.888.33 44.888.33 $ 60,492.62 October 11 1969