Masonry Magazine April 1965 Page. 28
A LIME FOR EVERY MASONRY NEED
FROM MARBLEHEAD LIME COMPANY
CROWN ROYAL LIME
Pressure hydrated dolomitic. Air-entraining-stretches mortar for greater economy. Assures best workability.
MARBLEHEAD QUIK-SLAK
Top quality Mason's Quicklime. Complete hydration without aging.
CROWN MASONS LIME
Pressure hydrated dolomitic-no slaking, soaking or aging. Economical...excellent for all masonry work.
A DIVISION OF GENERAL DYNAMICS CORPORATION GD 300 W. WASHINGTON ST., CHICAGO Phone 726-3800. Area Code 312
EARTHQUAKE SYMPOSIUM
A number of the country's leading engineers will participate in a symposium on the Dynamics of Structures with Application to Earthquake Resistance of Tall Buildings which will be held during the First Annual Meeting of the National Academy of Engineering, April 27-29.
The symposium, scheduled for Thursday, April 29, from 9:00 Α.Μ. to 11:30 Α.M., will be held at the National Academy of Sciences. It will be chaired by Dr. Augustus B. Kinzel, President of the National Academy of Engineering, and Dr. Thomas C. Kavanagh, Academy Member and Partner. Praeger Kavanagh Waterbury, Engineers-Architects, will be Vice Chairman. The symposium is free and open to the public.
New ACI Publications
The American Concrete Institute announces availability of three new publications. These include two new ACI Standards: Manual of Standard Practice for Detailing Reinforced Concrete Structures (ACI 315-65) and Recommended Practice for Evaluation of Compression Test Results of Field Concrete (ACI 214-65). The third publication is ACI Bibliography No. 5. Reinforced Concrete Columns. ACI 315-65.
ACI 315-65, more familiarly known as the Detailing Manual, was adopted as standard of the American Concrete Institute at its November 1964 Fall Convention and was ratified by letter ballot of members last January 25.
Alpha Annual Report
EASTON, PA. Shareholders of Alpha Portland Cement Company were advised of management's progress toward improving future earnings in the company's 70th annual report mailed recently.
In the face of continued cement industry overcapacity and its detrimental effect on product prices, N. O. Wagner, Alpha president, said the company is taking steps to improve earnings by reducing manufacturing costs and increasing productivity.
During 1964 the company moved closer to this goal with the opening of a highly automated cement plant near Catskill, N.Y. It replaces two older plants, and is expected to save Alpha "substantial amounts in operating costs in the years ahead."
Mr. Wagner said the next major project would be modernization and expansion of the Orange, Texas cement plant. The Louisiana/Texas area is one of the fastest growing cement consuming regions in the U.S.
Revenue and net income figures for 1964, previously released, increased slightly over 1963. Revenues were $40,869,000 as compared to $39,709,000 in 1963. Net income totaled $2,241,000 equivalent to $1.24 a share or 4 cents more than 1963 earnings of $2,174,000.
IDEA CORNER
Specially engineered outrigger system on top slab to hang standard type 6-ft. wide scaffolding. This allows the attached chimney to rise with other brickwork on high-rise building at John P. Mitchell Houses, Bronx, N.Y. Use of machines all around building provides a safe, stable, easily raised work platform. Courtesy Patent Scaffolding Co.
Court Opinion
The U. S. District Court in Philadelphia has ruled that Gulf Oil Corporation must file Welfare-Pension Reports with the Department of Labor covering Blue Cross and Blue Shield Plans for which the Corporation makes payroll deductions and remits payments on behalf of its employees.
It is the first broad Court opinion under the Welfare and Pension Plan Disclosure Act dealing with the Act coverage, and which answers the question "who is the administrator of an employee benefit plan?"
The Act sets up reporting responsibilities for the administrator of an covered welfare and pension plan which is established and whose benefits have been communicated or described in writing to employees.
Gulf Oil Corporation made Blue Cross literature available to the employees and provided them with a Corporation handbook explaining the plan; this provided the necessary communication, in the Court's opinion. The plan's "establishment" had occurred many years prior to the Act's passage in 1959, when the Corporation began to collect employee premiums and remit them to Blue Cross.
Gulf Oil Corporation had denied reporting responsibilities as an "administrator uner the Act on the claim that it was only a "remitting agent" or a "conduit" to facilitate the payment of employee premiums. The Court said the Corporation was a conduit and much more that it acted in a trust relationship to the money handled on behalf of the plan.
Blue Cross was not the administrator, said the Court. It received the money as its own in payment for a contract of insurance and was not responsible for the management of the money on behalf of the plan.
Reports filed under the Act are held for public disclosure in the Department's Office of Labor-Management and Welfare Pension Reports.
MASONRY April, 19