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<br />~J <br />March 9, 1982 <br />Annual Report For Years 1980 & 1982 - Church Pit <br />During the period March 1, 1980 thru February 28, 1981, <br />15,426 tons of clay were removed from the Church Pit. <br />During the period March 1, 1981 thru February 28, 1982, <br />12,892 tons of clay were removed from the Church Pit. <br />Due to the low water table during 1980 and 1981 Lakewood <br />Brick was able to remove enough clay from the bottom of exist- <br />ing Church Pit to satisfy their needs. This being the cir- <br />cumstance no new ground was opened. Since recovery of clay was <br />being accomplished it was neither economical nor prudent to <br />commence reclamation. <br />The operation in 1982 will be determined by several factors <br />such as; the weather, interest rates, the economy and inventory. <br />Therefore, it is difficult to anticipate the extent or magnitude <br />of operation of the Church Pit. <br />LAKEWOOD BRICK & TILE COMPANY <br />es R. Murray, <br />ice President <br />