Letters Sent to Dr. Herman Schlundt, May 19, 1930

May 19th,1930. Dr. Herman Schlundt, University of Missouri, Columbia, Mo. Dear Dr. Schlundt: Dr. Miner called to see us at our invitation, on Thursday of last week, and he told me that they have disposed of practical- Iy all the aged naterial which they had on hand, with the exception of the last lot shipped by you consisting of around 380 milligrams, and that he believes that you have a similar amount in process at Missouri. Other than this they have nothing on hend. Dr. Miner also confirmed your statement that Lindsey Light are disposing of their material abroad, and he stated that the Lindsey Light people advised him that they were getting over twice as much for their residues as the Welsbach Company were paying. Do you happen to know what the Welsbach Company were paying for these residues based on the milligram content. I found Dr. Hiner rather evasive regarding facts as to this material, but inferred that if there was a market the naterial would be available, but he certainly maintained a very firm attitude with regard to price. I am a little bit at a loss to understand this inas- much as the price of radium in large quantities is certainly not very firm. I gathered from Dr. Miner's conversation that they received in the neighborhood of $40 per milligram for fresh material, which as you realize is rather high as compared with the cost of radium. I give you this information strictly confidentially and hope that if you get any side lights on the subject that you will pass same along to ne. Sincerely yours, Vice President. "HBarker:RH