Document EvrjvDGe3gGMx7dnDKGq0z1ob

In t e r n a t io n a l Sme l t in g a n d Re f in in g Co mp a n y East Chicago, Indiana Pigment Division Nr. R. B. Dwyer, Executive Vice President, Anaconda Copper Mining Company, 25 Broadway, Bev Tork 4, B. 7, August 30, 1944 Dear Nr. Dwyer: This Is a summary of the sales position of zinc oxide and white lead for the month of July, 1944. Table Bo. 1 gives a comparison of zinc oxide sales for June and July of 1944 and the corresponding months of 194?. TABLE BO. 1 1944 1943 July June 1,666,415 Lbs. 1,764,500 Lbs. 738,100 Lbs. 1,013,450 Lbs. Sales for July are down slightly. Since sales to CVS were the same for June and July, this Indicates that the falling off vas with our regular customers. Sales through July, 1944 amounted to 9,922,483 pounds. For the same period last year they amounted to 5,606,650 pounds. For the month of August they will be about 1,750,000 pounds, of which 800,000 pounds will be to CVS. Because of the restrictions by VTB on the use of titanium, llthopone, and American process lead-free zinc oxides In paint, there has been s o s m change In formulation on the part of manufacturers. They are using more dry white lead and leaded sine oxide. Because of the Oreat Falls dross, our sales of leaded zinc oxide are kept down as much as possible. Ve very likely could sell several hundred tons per month more of leaded zinc oxide if it were available. Table Bo. 2 gives a breakdown accozdhg to paint, rubber, and miscellaneous Industries. PNYC00001588 Mr. 1. X. Dwyer -2- TAm* o. 9 Auguat 30, 1944 Paint Bubber Miscellaneous CVS 1944 Pounds JOLT Value 19%3 Pounda Value 217,350 401,250 247,815 800.000 $ 16,937.75 38,483-88 24,584.95 77.500.00 291,350 211,000 235,750 4 22,010.97 20,318.75 21,296.51 1,666,415 % 157,506.58 738,100 $ 63,626.23 22Si Pounds JOBS v, Value 1943 Pounda Value Paint Bubber Miscellaneous CVS 506,000 295,600 161,900 801.000 $ 37,973-33 28,133.51 16,368.26 76,095.00 426,950 340,500 246,000 31,985.54 32,882.50 22.646.68 1,764,500 158,570.10 1 ,013,450 * 87,514.52 Salea to tha paint industry Is July vara more nearly nornal than thoae for June. Aa explained In tha report laat month, aalea to the paint industry during June vara abnomally high haoauaa ve marketed about 250,000 pounda of a apaelal 5 laadad also oxide nade from Intermediate products. Sales to tha rubber Industry vara up moderately as vere sales to miscellaneous Industries. Table Bo. 3 gives a breakdown of zinc oxide salsa for July according to the three classifications. TABLX WO. 3 U.f.P. Quality Seal Other Lead free and Leaded 384,715 Lbs. 25,850 Lbs. 1,255.850 Lbs. 1,666,415 Lbs. Sales of V.S.P. quality zinc oxide ara about three tinea the nornal volume. This la due to the fact that of the 800,000 pounds of zinc oxide sold to CVS in July, 200,000 pounda vere of the B.8.P. quality. Table Xo. 4 gives the average price par pound for tha past three nontha. Pn *C00001589 Mr. X. S. Dvyar -3TABLE MO. % July August 30. 19%% 1244 June War Average Sale* Price - Per Pound 9*%52^ 8.987^ 9.316^ The average price per pound la up because of the smeller volume of American process zinc oxides vhlch sell at a comparatively lav price and the Increased sale of U.S.P. quality zinc oxide vhlch is the highest priced Item that ve have. % .Table Vo. 5 gives a comparison of vhlte lead sales for June and July of 19%% and the corresponding months of 19 3 TABLE VO. 5 July June 19%% 1,303,060 Lbs. 1,02%,153 Lbs. 19*3 993.0*0 Lbs. 1,1%1,180 Lbs. Sales for July vere up substantially. This Is mlnly due to the change in formulation previously referred to In this report. Bov long this trend vlll continue Is anyone's guess, particularly since there Is tails of reducing the linseed oil quota for the paint Industry from 70 to 500. Talk of the proposed reduction Is due to the political situation In Argentina and Increased Lend-Lease shipments of linseed oil to Russia with rumors that such purchases and shipments vlll continue to be heavy, furthermore, there has been a 50% decline In planted acreage of flaxseed In Canada. Sales for 19%% through July amounted to 6,%82,8%% pounds, for the same period in 19%3 they vere 5,752,707 pounds, for August they vlll be 1,300,000 pounds, vhlch Is In line vlth those for July. Table Vo. 6 gives the average price per pound for dry vhlte lead for the past three months. TABLE VO. 6 Average Sales fries - Fer Pound July 8.3%6^ 1244 June 8.393^ USI 8.%08jt It Is gratifying to report that sine oxide sales continue at the higher level and that vhlte lead aalea continue to appear encouraging Yery truly yours. f.E.Hurlesstho / cc: Hr. frederlck Laist ' Hr. 0. B. Johnson pNrcooooi 590