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UNIVERSITY OF MINNESOTA
INSTITUTE OF TECHNOLOGY
MINNEAPOLIS
SCHOOL OF CHEMISTRY
OFFICE OF THE DEAN
November 29, 1939
Mr. C. B. Lee
DEC 4 1939
United States Radium Corporation
535 Pearl Street
New York City
Dear Mr. Lee:
May I bother you for one more piece of information? What is
the present price cost of radium?
There are two factors which I thought might tend to raise it.
First, the agreement, which I understand, has been reached between
the Belgian and the Canadian Companies as to sales, territory, and
possibly price. Any information which you can give me as to that
agreement will be appreciated. Second, your statements about the
increased use on airplane dials and the higher grade requirements
made me wonder whether this increased demand would tend to raise
the cost. On the other hand, the sale of radium for therapeutic
purposes in Europe, at least, will probably come to a standstill
during the war which would have a tendency in the opposite direction.
If you do not mind dropping me a line about the price which you
have to pay at present and whether you expect any change in that
when your contracts (if any) have run out, I would appreciate it.
Very sincerely yours,
s.b. Lind
S. C. Lind, Dean
scl/g
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"ocrText": "UNIVERSITY OF MINNESOTA\nINSTITUTE OF TECHNOLOGY\nMINNEAPOLIS\nSCHOOL OF CHEMISTRY\nOFFICE OF THE DEAN\nNovember 29, 1939\nMr. C. B. Lee\nDEC 4 1939\nUnited States Radium Corporation\n535 Pearl Street\nNew York City\nDear Mr. Lee:\nMay I bother you for one more piece of information? What is\nthe present price cost of radium?\nThere are two factors which I thought might tend to raise it.\nFirst, the agreement, which I understand, has been reached between\nthe Belgian and the Canadian Companies as to sales, territory, and\npossibly price. Any information which you can give me as to that\nagreement will be appreciated. Second, your statements about the\nincreased use on airplane dials and the higher grade requirements\nmade me wonder whether this increased demand would tend to raise\nthe cost. On the other hand, the sale of radium for therapeutic\npurposes in Europe, at least, will probably come to a standstill\nduring the war which would have a tendency in the opposite direction.\nIf you do not mind dropping me a line about the price which you\nhave to pay at present and whether you expect any change in that\nwhen your contracts (if any) have run out, I would appreciate it.\nVery sincerely yours,\ns.b. Lind\nS. C. Lind, Dean\nscl/g"
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