Document M4dGJ6Nk9nbgeR2b1emyxKQnk
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
Pignufnt Division
Mr. R. 2. Dwyer, Executive Vice President, Anaconda Copper Mining Company, 25 Broadvay, Rev York *, H. Y.
December 1, 19*5
Dear Mr. Dwyer:
This is a summary of the sales position of zinc oxide and white lead for the month of October, 19*5.
Table Mo. 1 gives a comparison of zlno oxide sales for September and October of 19*5 and the corresponding months of 19**.
TABLE MO. 1
19*5
19**
October September
8l*,850 Lbs. 728,200 Lbs.
1,127,350 Lbs. 1,721,900 Lbs.
Sales for October were up Horn the low point for a number of years which was reached in September. However, sales for October were less than the 1,000,000 pounds estimated in my last report.
The principal reason our sales have not been higher la be
cause most of our customers in the rubber Industry who purchase in carlots have not taken anything since August. Ve are somevhat puzzled by this but the reason given is that they had large stocks of zinc oxide on band at the time their government contracts were terminated and they are struggling with the problem of reconversion. If a few of these customers would begin to purchase, a considerable improvement would be reflected in our sales position.
For Movember sales should be about 950,000 pounds. Total sales for 19*5 through October were 13,622,800 pounds. For the same period of 19** they were 1*,516,*83 pounds.
Table Mo. 2 gives a breakdown according to paint, rubber, and miscellaneous industries.
PNYC00001530
N10215
Hr. It. X. Dwyer
-2- Decesber 1, 19*5
TABU WO. 2
Paint
Rubber Miscellaneous CVS
Pounds
370,950 265,000 178,900
OCTOBER
19*5 Value
Pounds
27,369.02 19,300.00
1*,0**.39
376.650 550.650
200,050
19** Value
$ 28,5**.00 52,703.38 20,162.88
Paint Rubber
Miscellaneous CVS
81*,850
Pounds
*8*,100 78,100
166,250 250
728,200
$ 60,713.*1
1,127,350
SEPTEMBER
19*5
Value
Pounds
$ 36,670.90
7,639.75 16,697.53
23.75
387,600 355.000 179,300 800.000
$ 60,98*.*3
1,721,900
$ 101,*10.26
19** Value
$ 29,261.60 33,815.00 18,129.62 76,000.00
* 157,206.22
It *111 be noted that some improvement In aalea to tbe rubber Industry occurred during the vontb of October. Vhlle tbe aalea to tbe
paint Industry ahov a decrease in October, tbe falling off la accounted
for by a decrease in tbe sale of the Victory line of leaded tine oxides since ve are not In position to produce these because of tbe health
hazard Involved and the stocks ve bad at East Chicago and varebouaea vere being liquidated during October.
Table Bo. 3 gives a breakdown of zinc oxide sales for October according to tbe three classifications.
TABLE EO. 3
O.S.P. Quality Baal Other Lead Tree and Leaded
55,200 32,950 726,700
8l*,850
There was a falling off in tbe sale of D.3.P. zinc oxide In October. In Xoveaiber it will be up substantially. There Is going to be an Increased sale of the seal grades of zinc oxide because tbe manu facturers of enamels used on products such as refrigerators and washing
machines are again In production.
Table Wo. * gives the average sales prlee per pound for the past three months.
^ooas3j
Br. B. X. Dryer
-3- Deeeaber 1, 1945
TABLX BO. 4
October September Auntie t
Average Sale* Price - Per Pound
7.451#
8.375# 8.944(1
The average aalea price per pound for October vaa In line vlth the estimate of 7.50# per pound Made In ay laat report. The average price per pound should continue to fall vlthln a range of 7.35 to 7.50# per pound.
Table Bo. 5 gives a comparison of vhlte lead aalea for September and October of 1945 and the corresponding months of 1944.
TABU BO. 5
October Septeaber
1255.
878,833 Lbs. 1,033,121 Lba.
1225
1,288,144 Lbs. 1,504,151 Lba.
Sales for October vere under those for Septeaber and also under the eatlaate of 1,000,000 pounds that had been aade. This Is due aore to tlalng than anything else Inasmuch aa ve vere completely out of five or six regular grades of dry vhlte lead Chen VTB permitted
a reauaptlon of noraal production an Septeaber 15th. As a consequence ve did not alvays have the particular grade the customer canted and orders that vere placed vlth us for October shlpaent vere held over into Bovenber. Be had the same experience the latter part of Bovember Inasmuch as scow orders plaeed vlth us for Bovenber shipment vlll not be aade until December.
Sales for Bovesiber vlll be approxlaately 1,000,000 pounds.
Sales for 19*5 through October vere 6,732,475 pounds. For the saae period of 19*4 they vere 10,511,502 pounds.
Table Bo. 6 gives the average sales price per pound for dry vhlte lead for the past three Booths.
TABLE BO. 6
October September August
Average Sales Fries - For Found
8.3534
8.376# 8.369#
To susmmrlse, sine oxide sales for October vere up from the
lov for several years that vas reached in Septeaber. The upturn vlll continue through the month of Bovenber. It la difficult to determine chat the outlook la for December principally because of restrictions on buying due to talcing Inventory at the end of that month. Considering the length of time scam of our carload buyers In the rubber Industry have been out of the amrket ve expect a substantial Increase in those
PHXC00001S32
Hr. 1. X. D*7
December 1, 19*5
gnii sold to the rubber Industry In January If It does not begin to Materialize In December.
The outlook for the sale of dry vhlte lead oontlnues to look favorable. As vas Indicated In September, for the fourth quarter v# expect to sell slightly under production. After the first of the year Manufacturers vlll probably begin to Make up spring stock for dealers insofar as present restrictions vlll permit. Ve could sell hundreds of tons of lead-in-oil If ve could get the oil and containers, the principal check being containers since the concern froa Vhon ve pur chase our containers has been an strike since September 15th. Ve believe that next veek ve vlll be In position to purebase a lighter gauge pall used for packaging grease that vlll enable us to grind 200 tons of lead-ln-oll vhleh vlll help sonevbat.
ery truly yours.
F.H.Iurlesssho cot Hr. Frederick Lalst ^
Hr. O. X. Johnson