Letters Sent, July 15, 1935

July 15, 1935 Dr. s.c. Lind, University of Minnesota, School of Chemistry, Minneapolis, Minn. Dear Dr. Lind: Last fall I had sone conversation with Mc. Zimmelman, who happened to be in New York at that time, about the disposal of the redium which he has. I believe that you are correct in that we sold är. Zimmelman the material which he now wishes to dispose of. Unfortunately, we have very carefully avoided the purchase of second-hend material and I, therefore, could not be of a great deal of assistance to him. There are two or threa channels through which material such as this can be disposed of and I gave hin this information. As I recall, he had a definite offer from one of these sources but declined to accept same. The price of redium is not as strong now as it was at that time, and I question whether Mr. Zimmelman will be able to obtain as firm en offer. As you know, the current price of radium to the medical profession has been in the neighborhood of $50.00, but here recently the price has shown a decided weakness on account of competition with Canadian sources of supply. It is a little difficult to ascertain just what the current price is, but it is my belief that if you were in the market for a substentiel quentity it could be bought for $40.00 to $45.00. Based on these prices Mr.. Zimmelman could not hope to obtain much more than 50% of the market price as the purchaser would, doubtless, have to