INSTRUCTIONS AND CERTIFICATES--See also AR 5-160

1. For every invitation for bids an abstract of bíls form will be prepared as soon as practicable after the bids have been opened or as soon as it is decided to cancel the invitation before opening bitte.

2. Every form will bear entries conforming to the following examples on page No. 1. If the entry in 3 below is made, the Opened entry will not be made.

Invitation for bids No. “728-37-18" Total pages “B.”

Jazumi "December 5, 193E"

Opened "11 a. m., December 31, 1986."

Office of "Quartermaster, Fort Monmouth, N. 3."

To supply the following requirements: "Utilities supplies-3d Qr. F. Y. 1937."

3. If it has been decided to cancel the invitation before opening bids the date of the bancelation will be entered and initialed in the space provided below and the abstract will be distributed:

4. If no bids were received, the person whose duty it is so open the blds will initial the following in the space provided below and distribute the abstract:

No lids were received on this favitation

B. If bids were received and opened, cutries conforming to the following examples will be made. a. On page No. :

b. On page No. 3 and succribing pages (War Department Forms No. 29 A): it remarks cannot be conveniently placed under the itcru they may be placed in any other apace un the form. II. after making entries as indicated below, sufficient space is available thereunder, similar entries for a pond group of items may be made on the saine page.

**List on any page only the bxmbers of those bids received for the Rems included on that page,

6. If bids were opened and the awards are not to be made by the person who opened the birds he will sign the following in the space provided below:

I CERTIFY that I have personally opened and read all bids received, verified all entries on this abstract extracted from those bids and find it correct.

7. When action on the bide has been completed, suitable entries showing such action will be made. The following are examples of possible entries for the items in the example of paragraph 5 above:

Item 1-Check .12 of bidder No. 1 in red; Item 2-Check 1.18 in red; Item 3-Check 29 in red, check 28 in blue, and add the following to the remarks: "Rejected for that reason because elze specified is essential''; Itam --Check the 24.13 which was determined by lot and under the item enter: "Award made as directed in AR 5-160′′; Tiem 5-Under this item enter: “All bids received on this item have been mjected-Purchase will not be made"; Item 7-Choek .735 in rod, cheek .72 in blue and add the following to the remarks: "Award made as directed in AR 5-340.”

8. When the abstract has been completed as indicated above and except when the invitation was canceled or whna no hide were received, the person whose duty it la to make the awards will sign the following, deleting e if the certificate in 6 above has been signed, and distribute the abstract:

1 CERTIFY that:

4. I have personally opened and read all bids received, verified all entries on this abstract extracted from thos bids and End it correct.

6. I have made the awards or rejected the bids as ledicated on this spact.

Mr. MORRIS. That covers the sales we will look at this afternoon. Mr. COTTER. Do you have the figures you obtained for that sale, the total amount?

Mr. KASTER, Yes.

Mr. COTTER. This is No 14?

Mr. KASTER. Yes. That is the sale where the market fell out on the metal prices. In August we had a sale of the same type of item and we received $26.17 a ton for light metal, and this sale was $9.88. According to our market, our waste trade journals, the mills have quit buying.

Mr. BALWAN. Did you award the contract anyway ?

Mr. KASTER. Yes.

Mr. BALWAN. Do you ever wait on anything like that?

Mr. KASTER. We do wait, but this is the poorest grade of scrap as a whole. In other words, this is stuff that has been burnt. A lot of it has been burnt, and there are several things in it.

Mr. RIEHLMAN. You want to get it out of the yard.

Mr. KASTER. Yes, sir; the space is worth more than the whole thing, the holding of it, because we have no assurance as to when the market will go up.

Last month at the Army scrap seminar which Major Sullinger conducted in Chicago, we learned that the mills had a 49-day inventory on hand and they were not buying scrap.

Mr. COTTER. The overall steel situation is different than that.

Mr. KASTER. But they have a tremendous stockpile. A lot of our local dealers did not send in a bid.

Mr. COTTER. I notice you have brass stampings and miscellaneous lots of nuts and bolts of assorted sizes, 21,500. Wouldn't that be considered a better grade than normally of just iron scrap? Does your brass have a higher value?

Mr. KASTER. Most of the bolts were bent.

Mr. COTTER. No new stuff?

Mr. KASTER. They were bent, and some of the threads were stripped. Mr. COTTER. What about the brass stampings?

Mr. KASTER. I would say it was one-quarter of an inch wide and maybe 2 inches long. It was out of a buckle where they make the brass buckles.

Mr. COTTER. As scrap would brass have a much higher value than ordinary cast iron?

Mr. KASTER. Yes; that was why it was listed separately and sold separately. It is something like 17 cents per pound that we received on that.

Mr. CoTTER. What is your total recovery for that sale? Do you have it?

Mr. KASTER. $7,706.35.

Mr. BALWAN. There is no acquisition value on something like that. Mr. KASTER. You couldn't get it.

Mr. BALWAN. You got 1772 cents a pound for your brass for one lot, lot No. 10, and on lot No. 3 you got 1312 cents.

Mr. KASTER. Probably the 171/g-cent brass was clean brass and the other was mixed. It consisted of fire extinguishers. Doesn't it describe it there?

Mr. COTTER. I can't tell. You did not sell the bolts by weight, but you got $276.