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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
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"ocrText": "May 19th,1930.\nDr. Herman Schlundt,\nUniversity of Missouri,\nColumbia, Mo.\nDear Dr. Schlundt:\nDr. Miner called to see us at our invitation, on\nThursday of last week, and he told me that they have disposed of practical-\nIy all the aged naterial which they had on hand, with the exception of\nthe last lot shipped by you consisting of around 380 milligrams, and that\nhe believes that you have a similar amount in process at Missouri. Other\nthan this they have nothing on hend.\nDr. Miner also confirmed your statement that Lindsey\nLight are disposing of their material abroad, and he stated that the\nLindsey Light people advised him that they were getting over twice as\nmuch for their residues as the Welsbach Company were paying. Do you\nhappen to know what the Welsbach Company were paying for these residues\nbased on the milligram content.\nI found Dr. Hiner rather evasive regarding facts as to\nthis material, but inferred that if there was a market the naterial would\nbe available, but he certainly maintained a very firm attitude with\nregard to price. I am a little bit at a loss to understand this inas-\nmuch as the price of radium in large quantities is certainly not very\nfirm. I gathered from Dr. Miner's conversation that they received in the\nneighborhood of $40 per milligram for fresh material, which as you realize\nis rather high as compared with the cost of radium.\nI give you this information strictly confidentially\nand hope that if you get any side lights on the subject that you will pass\nsame along to ne.\nSincerely yours,\nVice President.\n\"HBarker:RH"
}