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By consumers is meant galvanizers, brass makers, die casters, etc.

Stocks of remelt spelter excluded as follows: Jan. 1, 1950, 103 tons; Jan. 1, 1951, 629 tons; Jan. 1, 1952, 479 tons; Jan. 1, 1953, 583 tons; Jan. 1, 1954, 467 tons; Jan. 1, 1955, 476 tons; Jan. 1, 1956, 595 tons; Jan. 1, 1957 552 tons.

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1 This table is based on "general imports" as reported by U. S. Bureau of Census, whereas table Z-1 is based on "imports for consumption" as reported by U. S. Bureau of Customs. Monthly figures of 1957 "imports for consumption" are not available. The minor difference between these two methods of reporting is not too significant in view of the very large quantities of imported zinc in both tabulations.

Source: American Bureau of Metal Statistics.

AMENDMENT

Amendment offered by Mr.

to the bill (H. R. 12591) befoore the Committee on Finance of the Senate, amendment to be inserted in the proper place in the bill Chapter 38 of the Internal Revenue Code of 1954 is hereby amended as follows:

(a) by redesignating subchapter G as H;

(b) by renumbering sections 4601, 4602, and 4603 as sections 4631, 4632, and 4633, respectively; and

(c) by inserting after subchapter F the following new subchapter:

"Subchapter G-Lead and Zinc

"Part I. Lead.
"Part II. Zinc.

"Part III. General Provisions.

"PART I-LEAD

"SEC. 4601. IMPOSITION OF TAXES.

"All duties imposed under paragraphs 391 and 392 of the Tariff Act of 1930, as amended, shall cease to be applied to articles specified in this section, imported into the United States, on and after the day of initial application of this section pursuant to the conditions provided for in part III hereof; and thereupon there shall be applied to such articles and to the articles provided for in paragraph 72 of the Tariff Act of 1930, as amended, imported into the United States, in addition to the duties provided in such paragraph taxes at the rates set forth in this section subject to the conditions provided for in part III hereof.

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Pigments containing lead, dry, in pulp, or ground in or
mixed with oil or water, n. s. p. f.:

In chief value of suboxide of lead..
Other...

Articles described in paragraph 391 of the Tariff Act of 1930, as
amended:

Lead-bearing flue dust, mattes, and ores of all kinds. Articles described in paragraph 392 of the Tariff Act of 1930, as amended:

Lead bullion or base bullion, lead in bars and pigs, lead dross, reclaimed lead, scrap lead, antimonial lead, antimonial scrap lead, Babbitt metal, solder, type metal, and all alloys or combinations of lead n. s. p. f.

Lead in sheets, pipe, shot, glazier's lead, and lead wire.

3 cents per pound.
2.5 cents per pound.
3 cents per pound.
3.05 cents per pound.

3 cents per pound.

20 per centum ad valorem.

2.8 cents per pound on lead content.

4 cents per pound on lead content.

43% cents per pound.

"PART II-ZINC

"SEC. 4611. IMPOSITION OF TAXES.

"All duties imposed under paragraphs 393 and 394 and the duties imposed on zinc wire under paragraph 316 (a) of the Tariff Act of 1930, as amended, shall cease to be applied to articles specified in this section, imported into the United States, on and after the day of initial application of this section pursuant to the conditions provided for in part III hereof; and thereupon there shall be applied to such articles and to the articles provided for in paragraphs 77 and 93 of the Tariff Act of 1930, as amended, imported into the United States, in addition to the duties provided in such paragraphs taxes at the rates set forth in this section subject to the conditions provided for in part III hereof.

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"(b) In addition to any other tax or duty imposed by law, there are hereby imposed upon the articles described in paragraphs 5, 341, 380, 381, and 397 of the Tariff Act of 1930, as amended, imported into the United States taxes at the rate of 4 cents per pound on the zinc contained therein, subject to the conditions provided for in part III hereof.

"PART III-GENERAL PROVISIONS

"Sec. 4621. Definitions.

"Sec. 4622. Applicability of taxes.
"Sec. 4623. Miscellaneous provisions.

27629-58-pt. 2- -30

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