Approved Code No. 84-Supplement No. 34 Registry No. 1151-03

NATIONAL RECOVERY ADMINISTRATION

SUPPLEMENTARY

CODE OF FAIR COMPETITION

FOR THE

WIRE ROPE AND STRAND

MANUFACTURING INDUSTRY

(A Division of the Fabricated Metal Products

Manufacturing and Metal Finishing

and Metal Coating Industry)

AS APPROVED ON MAY 24, 1934

EMBER

WE DO OUR PART

UNiTT TATES

GOVERNMENT PRINTING OFFICE

WASHINGTON: 1934

- Price 5 cents For sale by the Superintendent of Dacuments, Washingtan, D.C. - - - - - - - -
This public.tion is for sale by the Superintendent of Documents, Government

Printing Office, Was> inigton, D.C., and V district offices of the BuIruu of

Foreign and Domestic Commerce.

DISTRICT OFFICES OF THE DEPARTMENT OF COMMERCE

Atlanta, Ga.: 504 Post Office Building. Eirmingjmni, Ala.: 257 Fedoral Build g

Bust n, Mn ss.: 18e1 ( 'st<'inluse.

18 uffalo, N.Y. ('handier of Cominmere Building.

'lhsleston, S.( '. Cimer of, Cm;nIerce Building.

(hirago, il.: Suite 1706, 201 N rtP Wells St reet.

Clevelland, (hiio: Cha mlbecr f Conmi'rce.

Dallas, Tex.: (iainllhr of Co:mn i r c building.

Sel -Iit. Mih.: 801 First Nat inalI B k BuIllding.

Hbouston, TeX.: Clviber if (Co inneree Building.

Ifnfinapolis, I1L.: Cimben~er of Counere' Building.

JiCs( aovill , FIa.: 'Pha mlbr 1 of Coanier - Building.

Kanses Ity. Aio.: 1028 Baliminore Avkrue.

ToS Angeles, Calif.: 11(i3 Si th Pow.

L isville, Ky.: 41. 11(1 a l Ii ilding.

i\l(mphis, Tcna.: 229 Federal Building.

\ Ineaol is, Minn.: 21 : Federal Building.

New Orla us, .: Room 225-A, Cust' imP ionse.

New Yirk, N.Y.: 7) 14 Cwutonmhense.

N efolk, Va.: 41O E't Plume Strteot.

P'ladelphia. P: 2 Conmmercial Trust B ilding.

Pitt sirgh, Pa. ( uber ul '' IOOw (I Per ltitg.

PI'rplandl, Oreg. I1 'ev- Plt Eu-cs Inilling.

81. LuSi, 2li.: ,,tI OliSe 'Ire

San Fr,!n!is.to, 810 CCiie'mhiu 3

8vat il", W Isl.: 0 Fda Office iln.
Approved Code No. 84-Suppiement No. 34

SUPPLEMENTARY CODE OF FAIR COMPETITION

FOR THE

WIRE ROPE AND STRAND MANUFACTURING

INDUSTRY

As Approved on May 24, 1934

ORDER

APpRovING; SUrpLEENTARY CoDE OF FAmz Co TIioN FoR TlE

WYm E oPi AN STrAN MANUFACTURING IN DUSTY

A DIVISION OF THE FABRICATED METAL PRODUCTS MANUFACTURING AND

METAL FINISHING AND METAL COATING INDUSTRY

An application having been duly made pursuant to and in full

compliance with the provisions of Title I of the National Ind1strial

Recovery Act, approved June 16, 1933, and in accordance with the

provisons of Section 1 of Article VI of the Basic Code for the Fabricated MNetal Products Manufacturing and Metal Finishiig aid Metal

Coating Industry, approved November 2, 1933, for approval of a

Supplementary Code of Fail Competition for the Wire Rope and

Strand Manufacturing Industry, and hearings havig been duly held

thereon; and the annexed report on said Supplementary Code, containig findings with respect thereto, having been made and directed

to the Presildet:

NOW, THEREFORE, on behalf of the President of the hinted

States, I Hugh S. Johnson, Administrator for Industrial Recovery,

pursuant to authority vested in me by Executive Orders of the Pres'ident, including Executive Order No. (Y43-A, dated December 30

1933, and otherwise; do hereby incorporate by referenlce said annexed

report and (10 fid that said Supplementary Code complies iii all

respects with the pertinent provisions and will promote the policy

amnd purpwlo5s of said Title of said Act; and do hereby order that said

Supplementary Code of Fair Competitionl be and it is hereby approved ; provided, however, that the provisions of Article V, Section ",

1inso far as they prescribe a waiting period between the filing with the

Code Authority (or such agency as may be designated in the Code)

and the effective (late of price lists, as 4ginally and/or revised

price lists or revised terms and conditiom.s of sale, be and they hereby

are stayed pending myv further Irder; and provided further, tiat

Article V, Section 1 is deleted.

. HI-oii S. JohNsoN,

AIn(1 itrat~ 'or Indust/a!lUco e'ry.

Approval roommended:

A. PR. GLA.NCY,

Division A d Inn ;.stf0/( 1'.

WASILINGTON, D.C.,

M 2(1 -y ).

62168 -- 544- 1:;--- :;4 (0
REPORT TO THE PRESIDENT

The PIE!iI)UNT,

The Whitc Hlole.

Sm: This is a report on the Supplementary C,;de of Fail Comp-tition orthV Wire (1ope and ,trand ManufaCturiln Inlldustry a dIVision of the FiuIIcated Metal Products Manufactring and Metal

F~inijing mnl MetaI Coating Indutrv, the caring g becen

coilduCte I AVere n in asinigton, D.C., December 122 1)i3, in

accorJdanQ Ni thU prov'1tiis n of Title I of th- -Ntional JIidustrial

GENERAL STAT;i'DEllNT

The Wire Rop0 and Strand Manfactring Indu-try, }eilng truly

rcpresn'Ktative of this division of the FabriC:ated Metal Products

Mhaiifacturing and Metal Finishingx anI Ietal Coating, Industry, has elected to avail itself of the option of sublitting a Supplementarv C(ode of 'Fair Competition, as provided for in Section 1 of Article AI of the Basic Code, for the Fabricated Metal Products Mannfaeturing al Metal Finishing and Metal Coating Industry approved

by you on the soeund day of Niovembler, 193.

RFSUME OF THE CODE

Arti le I >tates the puri) (o( the Suppjementary Code.

Art icie 11 iCC rt dIines specific termr- einploved in the SupplCmLen ay Cv ( 

Arit J III. This I di-trv is a division of the Fabricated Metal

)ci n -Mi Metial Finihini and1 Metal Cuating

InIiU- an1d the labJor 1)1OVisi(A -n of its aSi Codle, 1- approved

ovenir -I' 2, I),are the abor provisuoios of this SuIpplementary

C Ie.

Ari+IVe.talihaa S!Ipplemlenltary Colde thlority con'si;-

il-o' of n1t ti I ) I xl ltl ( mr, to t bo elected 6.y the muw mtlr(21" of th, at a 1 8 I4e il called lv th- Tem porarv SOpplu 

m1le(t arv (G' de (i1Dli l , 1(1 giVs the Ach1ni 1strato r the alUthorit y

to appint ole aIiitional 111mimb er vwitilout voto and pri' Vdes m11ach*iiery 1 (or oh"inin1 st ti--ti2-- :iu l th adninislti-tion of the Sop1) j,.)el I t tr t' 

rt' ide pir'itles for l1hods )f settlIlg up andi ivevaislg 1frac(

Ar\tihe \'i * forilh the &eIneral erwhandisinig plans of tie Indw-try.

Ari iI\ 11 prmivides for all accomiltin2' s\'stein and iethods of

COA findinl.

Article V'I JJ te, forth the nlnfair trade practices of this Supplenoflilllarv Cm((, whiiih ha's hien especially desiiwed to offset unfair

collp1tliiOn in this division of the Ihlustry.

(2)
3

Article IX contains the mai ndatory provisions contained in Seetion 10 (b) aI also provides for the submission (Of proposed amendments to the Supplementary Code.

Article X provid(esagainst mon1polies Iiand m )Olistic practi(c-.

Article Xi 1reogiz(s that price increas-es be Im ited to actual

additional increases in the s(ll(rs cost.

Article XII states the ('1ect(ive (late of this Sit pJplemllentary C(mle.

Schedule A provides forms for assvntling to the Supplementary

Code.

FINDINGS

The Deputv Administrator in his final report to in -n saon Supplenientary Code having find as herein set forth and On the 1asis

of all the proceedings in this matter:

I find that:

(a) Said Supplementary Code is well designed to proem te the

policies and purp)oses Of Title I of the national industrial Recovery Act, including removal of obstructions to the free flow Of iiiterstate and foreign conuerce which teind to diminish the aumiuit

thereof and will provide for the general welfare by promioting the

organization of industry for the purpose of cooperative action among

the trade groups. by indmieing anld maintaining' united action of

labor and management under adequate governmental sanction4 and

supervision, by eliminating unfair competitive practicvs, by po,-

moting the fullest possible utilization of the present productive (apacity of industries, by avoiding undue restriction of production

(except as may be temporarily required), by increasing Ihe consuiption of industrial and agricultural products through increa!"ing

purchasing power. bv reducing and relievinga unemplovnent, 1y

improving standards of labor, and by otherwise rehabilitating

industry.

(b) Said Inlu(stry normally employs not, more thmi 50.00 )eployees; and is not classified by me cis a major industry. (c) The Supplementary Cude as approve(1 complies in all respects

with the pertinent provisions of said Title of said Act, including

without limitation Subs(ection (a) of Section 3. Subsectiin (a) of

Section 7, and Sulbsection (b) of Section 10 thereof; and that the

aplicant group is an industrial group truly reprsenIttative of the

aforesaid Industry : and that -aid association imposes no inequitable

restrictions on admission to membership therein.

(d) The Supplementary Code is not designed to and will not

permit monopolies or monopolistic practices.

(e) The Supplementarv Code is not designed to and will not

eliminate or oppress small enterprises and will not operate to discriminate against them.

(f) Those engaged in other steps of the economic process have not

been deprived of the right to be heard prior to approval of said

Supplementa ry Code.

For these reasons, therefore, I have approved this Supplementary

Code,

Respectfully,

Humh S. JoHNSoN,

MAY 24, 1934. Adn i trator.
SUPPLEMENTARY CODE OF FAIR COMPETITION FOR

TI!E WIRE ROPE AND STRAND MANUFACTURING

INDUSTRY

A DIVISION OF THE FABEICATED) METAL PRODUCTS MANUFACTURING AND

METAL FINISIIING ANI) METAL CoATING INDUSTRY

ARmCLE I-PURPO'SElS

To effect-uate the policies of Title I of the National Industrial RecoyeV Act, the following provisions are established as a Supplem1iiifarV Code of Fair Competition for the Wire Rope and Strand

MInufacturing In(dIustry. Pursuant to Article VI of the Basic Code

(If Fair Competition for the Fabricated IMetal Products Manufacturing and Metal 1inishing and Metal Coating Industry, approved

by the President of tIht United States on the ;econd day of Novembher, 1$8, the prt iSions of this Supplbmontary Code shall be the

standard of fair competition for the Industrv and shall be binding

l

1j14)1 4'Ye(y m'ill-bt'er therc'of.

AirICLE II--DF:I ;ITIOYS

The term -Wire Rope and S 4trnnd Mtnu featuring Industry",

ereaft r referred to as the Inidu( try. is defined to mean the mann- .r , 4 1 )-1, fa'tulr Po sale of 1Iiro ()I lnl St-raild.

lh term " Member of the uindui (rv " as used herein includes, but

w without Iiiutjt iol, a inydividual, partnership, association, corporati0)11 (r (1tl0 fol 811 ()1, (Iterprise engage inl the ind[stry either as

all emplovcr (-I 1'IO Ills or iifs own behalf.

Tih term " C1nibdntial Agont " as iusod herein is defined to mean

the i r ia a geney dvignated by the Supplementary Code

A thrill., asue

The terms -Prsident "', "'Act and "Administrator ", as used

h 1r ill shal mean rXspe1tively the Pr eidnt of thme United States,

T1it I of the Nat iowal n I11str a I Rucover y Act, and the Administrator fr Iind iltrial 1e1(very under saiI Act.

Thv trm " LBasic Code ', us used herein, is defined to mean the

Bas;i4c (oe f F air Comlpetlitin f r tho F fabricate[ Metal Products

:lau( ]ia ing a li -iMtl Fiishing and Metal Coatting Industry,

as 1p1pr0 ved 1 )y the PSrcs(I1ent ( ni tle 2m! day of November, 1933.

The term SlpphilemItar Cv(0 Authority ", as used hlerei i, meIanls

the Ai.Gliy wio is to adiiiiister this Suppemewntary Code as

h1"rca'Itwr provided.

ThermAoia n ", :5 tis4 Ierein, is (I(-filled to e111m the W ire

RIpe and Straind lan ItUrS A5;O1ia)ti,] 1, or its >15ccess0r.

111e (01']!!r S I Va s dS(ined 4 1 meall the Secret ary of the Slipplemen'ItUry( Co A lth14 rity.

Thie erm "F r4:11iou " as used herein is defined to Imiean thE

Fabricated Metil rodulticts FIdIrahtl Ow its s54ccessor.

(4)
r

AwmrI LE III-EpLY M ENT PROVISIONS

This industry is a division of the Fabricated Metal Products

M.iaifacturin anid Metal Finishingl( and Miletal Coa ing Id1(1stry

and without limiiitation the wage, hour andI labor provisions iii Article

III of its Basic Code as approved by the President, November 2,

1933, including Sections (1), (2) and (3) of Secti n 7, (a) of Title

I of the Act 'Ire ma Ide con editions of this Code, are specifically iic(-Irporited herein and made a part hereof as the wage, hour amd labor

provisions of this Supplementary Code.

AirricuE IV-OuANTZATION ANI) Ai)AIINISTRATION

SECTrIoN 1. During the period] not to exceed sixty (60) days following the effective date, the Board of Directors of the Association shall

constitute a temporary Supplementary Code Authority until the

Supplementary Code Authority is elected.

There shall be constituted within the sixty day period a Suppleimientary Code Authority not to exceed sixteen (16) members to be

elected by the members of the Industry at a meeting to be called by

the temporary Supplementary Code Authority upon ten (10) days'

notice sent by registered mail to all known members of the fidustry,

each member of the Industry to have one vote and such member may

vote either in person or by proxy, a majority of votes so cast, being

necessary for election.

A vacancy in the membership of the Supplementar*y Clde Authority may be filled by a majority vote of the remaining memb ers of

the Supplementary Code Authority.

In addition thereto the Adinistrator may appoint a member of

the Supplementary Code Authority who shall be without vote and

shall serve without expense to the Industry, unless the Suppleientary Code Authority agrees to pay such expense. Ihe r'epresenltatiVe

who may be appointed by the Adlministrator shall be given reaonable notice of all meetings and may sit at all meetings of the S;upplementary Code Authority.

SECTION 2. Any Association or Institute directly or indir(-ctly participating in the selection or activities of the Supplementary Code

Authority shall (1) impose 10 inequitable restrictions oil admissions

to membership, and (2) shall use due diligence in submitting to the

Administrator true copies of its Articles of Association, By-Luaws,

Regulations and any amendments when made thereto, together with

such other information as to membership, organization, and activities

as may be reasonably necessary to effectuate the purposes of the Act.

SECrIoN 3. In order that the Supplementary Code Authority shall,

at all times, be truly representative of the Industry and in other respects comply with the provisions of the Act, the, Administrator may

prescribe such hearings as he may reasonably deen proper; and,

thereafter, if he shall find that the Supplementtry Code Autnority

is not truly representative or does not in other respects comply with

the provisions of the Act, lie may make appropriate modilication or

modifications in the method of selection of the Supplementary Code

Authority.
6

SECTION 4. All members of the Industry are subject to the jurisdictjon of thi tSienentarV Codt e; shall be entitled to participate

in and share the benefits of the Supplementary Code; shall be entitled to vote in the selection of members of the Supplementary Code

Authority as provided In Section I of this Article, and shall pay

their r",a sonabl se of the expe -nes of the Administration of this

Supplelwlnary' v Code, such reasonable share to be determined by the

Suppiuenintaiv Code Authority, subject to review by the Administrator, 0) the bass of volume of bu'incss and/or such other factors

as t),,, dlimed equiVtble by the Supplumentary Code Authority.

TIN 0. Nothing contained il this Supplemnentary Code shall

constitute the members of the Supplementary Code Authority partners for any purpo-e. Nor shall any member of the Supplementary

Code Authority be liable in any manner to anyone for any aot of any

other mcimber, officer, agent or employee of the Supplementary Code

Authority. nor shall any member of tbe Supplementary Code Authoritv, exeisig reasonable dilig14ice in the conduct of his duties

hereunder, be lible to anyone for any action or omission to act under

this SupplementarY Code, except for his own willful misfeasance or

101-fea sance.

SICTION 6. Ile Supplementary Code Authority shall also from

time to tin furnish to the Basic Code Authority, designated in

said Basic Code, such information as may be required to be furnished

under terms of said Basic Code.

N. 7ErmB The SipplemilCntarv Code Authority shall have all the

power.c and duties which shall be ne-essary and proper to enable

it to ThUiV adMinister this SupplCmentary Code anld to effectuate

its purposes.

Without limitation to the foregoing or any other powers or duties

provided T' iAl this Suppleienitary Code, the Supplementary Code

Authority shall have the Tollowing specific duties, subject to such

rllis amd 1rerulat [oios ns the Administrator may prescribe:

(a) To adopt by-lavs and rules and regulations for, and keep

IcVo]rds of its procedure 1ind the adillinistration of this Supplemnenta ry Co(e.

(b) To designat1 a confidential agent who shall obtain from

111ember1 "if I he Indu4ry such information ald reports as the SuppleCmentar (ode Authority101 mV require for the administrations of

the Supplementitaiy Code and to provide for submission by members

o0 th0 Industrv to the Administrator of such information and icp !ts "Ill,* ar0 essa for thl L pur1po)1 S2s recited ill Section 3 (a) of

thw Act: provded that nothing in this Supplementary Code shall

relieve any memer of the Indust ry of aniv exist ing obligations to

furnml 1 pwrts to aY Go verin ment agency. No indi vidual reports

shI:l Ib di " (lsvloS(ed to :i otlier member of the Industry or to anyone

oulier thanl th Aldinilstrator 0) hIis dmly authorized representative.

(c) To tist' ltwh ti rade a,, locations and other agencies as it deems

piropr for tho carrying out of any of its :ctivitirs provided forh'inII pirtided that nothing herein shall relieve the Supplementary

C;U* A lthoritv of its dutit 'Or 01r responsibilities under this Supplemtitary Code ad that su1ch trade associations :nd agencies shall at

all tinto hr su1ijtUi. to and comiply with the provisions hereof.
7

(d) To make rcmmenati ns to the AIministrator for the coordiuation of the aolnininst4ration of this Slipplemelta r, ('ode vwith

such Other codes, if any, as may be related to the Indwutry.

(e) To lecurl from mcmb mr-s Of the 11n1diutry a) (qi1'table ali

proportionate payment 04 the reasonai :penses of mi nitaining the Supplemeuta ry Code Authority an its tivitics.

(f) To cooperate wih til Adhmi; :-1!Or i;()1-in rgt1lting2 the use

of aniy N.R.A. inignia s 1

l4y by those members of the industry who

have assenited to, al alre complvil with, this Supplemncmtary Code.

(g) To recommend to the Aldmiiiistrator further fair tradV practice provisions to govern mneblers of the Iindustry in their relations

with each other or with other industries and to recommend to the

Administrator meleasures fcr in dutriail planning., inciwld ing stabilization of employment.

SECTION S. To the extent permitted by the Act, the Supplemontary

Code Authority may investigate all alleged complaints filed with it

by one member or members of the Industry against another member

or members of the Industry.

SECTION 9. If the Administrator believes that any action of the

Supplementary Code Authority or any agency thereof is unfair or

unjust or contrary to the public interest, the Administrator may require that such action be suspended to afford an opportunity for investigation of the merits of such action. Further action b y such

Supplementary Code Authority or agency regarding the matter

complained of may be taken if approved by the Administrator but

shall not be taken if disapproved by the Administrator within

thirty days of iotioe to him of intention to proceed with such

action.

AirrICLE V-Pn'i LIsT SCIDUITs AND DISCOUNTS

SECTION 1. In order to bring about fair prices to both consumers

and Members of the Industry and to effectuate the provisions of this

Supplementary Code, the Members of the Industry agree to the

general trade practice of each publishing its own independent price

list schedules and "or sales term-s and/or base diEcounts and all discounts to be allowed the various classes of trade, making in each

case a complete delivered sales price for all its products coming under

this Supplementary Code.

SECTION 2. Each Member of the Industry shall, within ten (10)

days after the effective date of this Supplementary Code, file with

the Secretary of the Supplementary Code Authority its price list

schedules and/or sales terms and /or discount sheets which price list

schedules and/or sales terms and/or discounts shall become effective

on the date of filing. The Secretary of the Supplementary Code

Authority shall immediately send copies of such filings to all known

Members of the Industry. iNo Member of the Industry shall make

any change in the price list schedules and/or sales terms and/or

discounts so filed except as provided for in Section 3. Such price

lists shall be available to all interested buyers at the office of the

Supplementary Code Authority.

SECTION 3. Revised price list schedules and/or sales terms and /or

discount sheets may be filed, from time to time, with the Secretary

of the Supplementary Code Authority by any member of the In-
8

dustry, to become effective ten (10) business days after actual receipt by the Supplementary Code Authority. Copies of such revised

price list schedules and,' or sales terms and/or discount sheets, with

notice of the effective date specitLed. shall be immediately sent by the

Sc-retarv to all known Members of the Industry, who are cooperating in this Supplementary Code, any of whom may file if he so desires, to become effective upon the date when the revised price list

.schedules and or sales terms andior discount sheets first filed shall

go into effect. revisions of his price list schedules and/or sales terms

anlld or (discount sheets establishing price list schedules and/or sales

terms amd or discounts not lower than those established in the revised price list schedules and/or sales terms and /or discount sheets

first filed. Such revised price lists shall be available to all interested

buyers at the office of the Supplementary Code Authority.

SEcTION 4. Each Member of the Industry shall furnish the Secretary of the Supplementary Code Authority, for distribution, with

such number of copies of his price list schedules ainid/or sales terms

aind or discouit sheets as the Supplementary Code Authority may

prescribe.

SECTION 5. No member of the Industry shall sell or contract to

sell (irectlv or indirectly by any means whatsoever, any of his prodncts comii under this Supplementary Code at a price other than

shown in ihie price list schedules and discount sheets filed by that

Member as provided for under this Article V and/or terms and conditions of sale more favorable than those specified in Article VI of this

Supplementary Code.

ARTICLE VI-GENER AL MERCHANDIsIN0 PLANS

SEerIoN 1. Ii the caSe of any contracts, or sales, or other obligaCoils made by a Member of the Industry which may be construed as

uni1dermilinIg( the effectiveness of the Supplementary Code, it shall

be inicumubent upon the member involved in the transaction to endeavor to -i Ijust Or Imodify the transaction.

S'xri( N 2. No consignimefnts of 8ani products coming under this

SupplementaIry Code shall be peri itted by a Member of the Industry

to anyone except to anI authorized distributor as defined in Section 3

of Article Vi of this Slipplemeltarv Code, or under circumstances

okliu ed by the to Sui be pplementa e v Code Authority with the app roval of the Adimiii itrator, where peculiar circumstances of the

ildustr yN require the practice'.

SE(rmN 8. For the purposes of this Supplementary (ode, a,

" Wholesa er- ()I " ist ributor " shall e defiied as any individual,

parthnors1hip, Iassociatioi. cOr(watimn, ()r other firm, or a deinitely

oriM ize d division tereof, delintely organized to render and ren1n a 2en10ra dis(ribt1(1tionl service, which muvs a in d maintains at

hils wr its J)l Oe of bIisin!ess a, stock of thle lines of merchandise which

it disl ibut s. 811d which through salesmen, advert is in, d r salesPr(m(im on dci vi (5. s s to reta ii'rs and/or to institutional, conllilerci: !, :nd 'or iidutrial lses.

I5 e 1) v j; g I:I pI 2 1 of 14 or d( I)I il~g f Iu ui
9

A complete list of each Memiber's authorwized distributors, a.s well

as all subsequent changes, shall be filed with lie Seuretary of the

Supplementary Code Authority, who shahi iininediately tra nsmit

such list or lists to each knovi member of the Industry who is

cooperating in this Supplemientary Code.

Each Member of the Indiustrv >ihI rc(quir his disti'bOr to be

under written contr-act to act as'5u2h di ributor'.

SECTION 4. The tem; of fre- (rol it, or t ll,,, in wh i'li inVoIes

for the products comingfl under lithis 011p)Ilnme.ry C(de becom ' e du10

f0r paymiet, shall be thirty (10) daysV Trim the 0t0 of siipment.

A discount of two (2 ,) per cent ma lxe allowove for early pavimnt

as follows

Invoices dated from the 1st to the i5th of the month incluive it

paid by the 25th of that moith.

Invoices dated from the l16th to the end of the monihi inclusive

if paid by the 10th of the fohlmwing mouth.

All invoices unpaid at the expin raion of the period of thirty ()

days free credit may bear interest at the rate of six (GI;) percent

per annum but in nl case to he in excess of the legal interest as

established by the law in the several states.

ALITICLE \II-ACCOUN-TING AND (sNO

SECTION 1. The Supplementary Code Authority shall cause to be

formulated an accounting system and methods of cost finding and ,or

estimating capable of use by all members of the I1lu1i-ry. After

such systemii and methods have ben formulaod and approved by the

Administrator full details concermni thoem shall be made available

to all members. Thereafter, all memnmers of the Industry shall

determine and/or e4timate 04,ss in uccordan'e with the principles

of such methods, providiing tHe samea haU ve the afpj)'oval of the

Administrator.

SFn ToN 2. When the Suipplementary C(ode Autho)rity determines

that an emergencv exists in this Iidutrv and tiat the cause thereof

is destructive price-cutting such as to rYIe i(ective or serioulv

endanger the mainitenance of the provisions ,- tilSupj)eImvntarV

Code. the Supplementary ('ode Authorit y may; cause to be determined the lowest reasonaIble cost of the products of this Industry, such determniination to be subject to such n )tice and hearings as the

Administrator may require. The AdminiitArator may approve, disapprove, 0r modifN the deterinatn. Theorea ter. (huing thy I"

riod of the emergencv. it shall be an inoair trye o practc fr any

member of the Industrv to sell or oih r to sell any prod-cts of Te

Industry for which the lowest reasonable coa has been determined

at such prices or upon such terms or conditimns of sale that tile

buyer will. pay less therefor than the lowest reaMooable cost of such

products.

1 1hen it appears that coniditions have changed, the Supplementary Code Authority, upon its own in eu Iiive or upon the requ 'st

of any interested party, shall cause the deternmination to be reviewed.
10

ARTICLE VIII-UNFAm TRADE PRACTICES

In addition to the unfair practices established in Article V of

the Basic Code, except Section A thereof, which are made a part

hereof the samIie as though repeated and set forth at length, and

for all puriIposes of this Supplementary Code, the following. described

acts shall constitute uifair practices. Any Member of the Industry

who shall directly or indirectly, through an officer, employee, agent

or representative. u'e or employ any of such unfair practices shall

be gilllty of a violation of this Supplementary Code.

RULE 1. Procuringr, otherwise than with the consent of any -Member of the Inud ustry, any information concerning the business of

such iel er which is properly regarded by it as a trade secret or

confidenitial within its organization on. Other than information relatiln o to a violation of any Provision of the Supplementary Code.

Ru ULE 2. Isin& or substituting any material superior or inferior

in quality to that specified by the purchaser of any product.

RuLE ). Inducingi or attemnpting to induce a breach of an existing

contract between a member of the Industry and his employees or

a distriolutr or a customer or source, of supply; nor shall any Alember of the Industry interfere with or obstruct the performance of

such contractual (luti-s or services. This clause shall not be construed to apply to employimient colntracts.

Pt-ii 4. Stat ing on the invoice of any product as the date thereof

a (1ate later than the date of the shipment of such product, or includl( 1ing in any invoice a1y product shipped on a date earlier than

the date of such invoice.

R tm: 5. Walking any sale or contract of sale of any product under

any V descrimti(1 which does not fully describe such product in terms

custelmarily 115(d ini th& Induistry.

B u Gua. Guarant-eing Wire rope performance in termlis of time,

mi!es, y!da(e, tolis ton miles or otherwise except as may be aitih rizwdI by th e Suplementary Code Authority. subject to review by the Adininti r 'ator. GIluaran tees of quality and workmanship may

he im(1e.

Rui7 7. Making. an adjustment on any length of wire r pc that

iS not a ailaule for ilnspectioni.

RULE . Making anl adii4nient on oil country wire riOpe other

than ill aco nmce with A. 1). 1. Standards (-A of July. 1981. Section

V1III, of " iiie )(Wtion ald Rejectimn of Wire Rope or aniy revision

thereof.

R 9E. Piildi isi ng or circulating unjustified or unwarranted

thrIeats of lea:)l pruoceedin] vs which tend to or have the iflect of

l'81autin MemIlbdr of the IIIIIeIry or intiniIdating their distri'ibutors

or civioiecs. 'ailurc to pio1e1te ii due course shall he evidence

that ;mv 'Ilch thre t is )NIwarranled a1d unjistiied.

Rumj: 1W. Manifacturing and or o ering for sale oversize wire

11P in (xNilh' - of the tfderaces outlined ill the Unlited States Goverlw~ilt Mater SI'ecifi"'Itimils No. (w o '1nY reVVIsI-'n M .1dificationl

thereof.

RIimi: Ii. Ni M'mbwr of the Iiidusry svlll sell renait', secondhini 0r or \e :1rV rp)j. ex(-( 1 Vt afir notification to and approval

1"y dh Stlipph!!wnllry C'd( A11h1,6ty.
11

AirTIICLE IX-MAb 6D 1 AxT()NS AN ArMNvmI]N's

'IoN 1. ThisjSjl Ientary Cole a a all the Prov!slooS

tlwireof are XprIesly aia 1- llhjcit to ile rigt of flaw Prxsidvn1, in

accord Ia with the OfiiOn 1 >f biOn (h) Stwtion 10 of tile

Act, from11 time to till" to wel o imlodifv ally ord cr, approval, licvnsle, rull1 or regulations scIwd under said Act.

o Tilis ' pplenlej)tary Code, xcj'pt as to til1 pl)1vilunS

r1 Iiiequ led by the A t. loy b 1 oifi aod u amnwidcid on thw Lasis

m111e1m(Iments imav he prop('d in writig to the Silppi lweitary Co

Auihoritv bv any Memllber of the InduCtry. If approved by th 

plellentary Code orthority It petitioned by twelnty (20) p",cit

of tile total vote of the Members by nu -11r I11 modifiations

and/or amendments slall be submitted to the Membdoillrs to J) voted

upon as provided for inl Sectioi 3 of Article IX. Any iodificationis

and or amendments which are approved by th2 Membenrs of the

Industry are to be subiiitted to tile Adinuist-rtor f sr siich notice

and hearing as he shall spc- ify: andI to becoe effective as part of

this Supplementary Code l1p1)n approval of the Pr >ident a1 (r the

Adlniinstrator.

SEvCT1oN 3. Tihe voting power for modifyig anmlor aiending

this Sujpplementary Code shall be vested ill th Members of the

Industry. A majority by number of all leimbers of the Iiiduist ry

present in person or by written proxy at any meting shall constitute

a (uorilii.

Afirnlative action on any matt'i to be voted lipon iust be -upporte(l by a majority number of the total votes cast.

AiCuE X-MoN o~iiEs

No provision of this Supplementary Code >hall be So applied as

to prmit mlolopolies O liii poli tic praet ices- or to eliminate,

oppress or dicrininate aga inst snall enterprises.

A RTICLF XIRICE INCREASES

Whereas the policy of the Act to increase real purchasing power

will be made more difficult of consuiiination if prices of goods and

services increase as rapidlyV as wages, it is recognized that price

increases except suih as Imay be required to me-t in(lividual (')-t

should be delayed, but when made such increases lhonld, so far as

possible, be limited to actual additional increases in the seller's costs.

ARTICLE XJI-EFFECrIvE; DATE

This Supplementary Code shall become effective at 12 :01 o'clock

on the tenth calendar day after its approval by the President.

Approved Code No. S4-Supplement No. 34.

Registry No. 1151-03.
SCIIEDULE A

(1)~

SECRETARY,

Wirc Rope d- kriand 3aIufacturers Association.

PEAR Sm: The un0dersigned desiring to participate under the Sup

Co(le of Fair Competition for the Wire Rope and Strand Manufa

dustIry, hereby alsslents to all the provisions of the said Suppleme

and, specifically, 1ut without limitati' n to Section S of Artiele 

Supplemeniary Coue which relates to the assessment of penalties 

asseliting memib'er of the industry of this Supplementary Code, a

(lIngs ill the sialw as llay he made by the Supplenientary Code 

in orde to meet, the requiremnent of the National IRerovery Adm

Effective oil the (Inte on which the Supplementary Code is appro

President of the United S ates andeor the Administrator fiir Ind

OVel'y under Title I tf the National Industrial Recovery Act, as 

vided, or. as of tlie dae on wiich this letter is delivered, if delive

awr Such a(Ia to (f approval by the Plresident and/or the Admiii

underslgned yI the signing and delive(inga of this letter, becomes a 

ulnf t.h Stho 'plementlary Code of the Wire Rope and Strand Ma

1i y ust'1 nd4 herbV Wgrie('s with every Indivi(lidl. partnersi p. a association. corporation, or (Ither form of enterprise who shall then ie or therea

a artici ant under said Supplemontnry Code, that said Suppleme

shall n' titute a va1 d and finding u;cntract between the undersim

SuIi cI othol. particip nllits.

Fir all purpose's of the Suippiloment ary Code, the addres of the u

until written notilicntion r c haine s1al be filed with the Sup

Cedv Ant oriy. -hiall e as set forth at the foot of this letter.

Very truly vour,

Namae (jof!( Of m ia 

(2)

WIr e U'<pc d3 ,"t'rrand Mau fa u rrs A ssoeia Iion.

ILR Si: the ViiPPn.ed dl sir ing to lwrticipilae under ihe Sup

(')de of Fair ( mHeition for the Wire Rope anil Strand Thifae

'Instry, herel y assets to all provisions of 1he Sa id Supplementary 

exception cf S, cjon >- of A1tirh iV of said Suppleientary CodIe w

to 1lh0 assessment of pcinlties against the assenting mcmb r of th

of this Supplwnment ary Cde.

Vicry truly yus

Name of Offijicia 

(12)

0

UNIVERSITY OF FLORIDA

3 1262 08583 0312