Document MMVLd1Ro97pqrgZVx6aKo3VOz

International Smelting and Refining Company East Chicago, Indiana Pigment Division March JO, 1945 Mr. X. X. Dwyer, Incentive Flee President, Ama anda Copper Mining Company, 25 Broadway, aw York 4, X. Y. Daar Mr. Dwyer: This la a stoaaary of tho sales position of also oxide and white lead for the month of February, 1945. fable Vo. 1 gives a comparison of sine oxide sales .for January and February of 1945 and the corresponding months of 1944. yamux VO. 1 1945 1944 February January 848,100 libs. 869,110 Lbs. 84j,000 Lbs. 1,276,404 Lbs. Sales for January and February, 1945 were about the sane. Sales of Frensh furnace sine oxide were up substantially la February and there was a slight Inerease la the sales of muffle furnace sine oxide. However, there was a substantial redaction in the sale of Amerloen process lead-free and leaded grades. Vhile we would like to have increased sales, the lover sales of the American process load-free and leaded are a favorable development In that these are unprofitable Items with us. The falling off In sales Is due principally to the fact that the manufacture of outside paints Is practically at a standstill due to the numerous restrictions on paint manufacturers that have been Imposed by VFB. It la expected that sales of French and muffle furnace slno oxides will eontlane to bo favorable. This Is very likely due princi pally to tho shortage of earben black. Quite a number of rubber manu facturers are Increasing the amounts of sine oxide la their compounds because they have had to lover tho carbon black content due to the Increasingly tight situation in the oarben blaok market. Sales of muffle furnaoe sine oxide will bo approximately J25 tons In March, which Is a high for * number of years, disregarding CVS business. During tho last week la March wo made our first shlpsMnts of our Tlotory Line of loaded alas oxides, this Is tho name we have decided to use to designate those leaded sine oxides based on Tooele and Vast Helena funs. If they work satisfactorily in the actual pro duction of paints we expect to move a fair tonnage uhiah should not p*rcooooI56i N10223 lb*. X. X. Beyer -2- >reh 30, 19*5 only Increase our ulti toIvm Out should also help eur financial position. I any explain vhat night appear to ho an inconsistency In that Vhlle there was Tory llttlo notlrlty In tho manufacture of oxtorlor points, vs expoet to soil n fair volume of the Victory ULno of looted sine oxides. Tho onsvor Is that, vhlle tho color of tho Tlotory Linos Is considerably belov tho oeeeptod standard, tho paint nanmfaeturera are looking for anything vltb a high load content to offset tho I6g quota of vhlte load established by VPB as of January 1st, 1945. This la a nov narkotlng problon for us and at this tine X ean only hazard a guess, but X vould say that vo probably could soil tvo or throe hundred tons per month of tho Tlotory Lines during tho present emergency. Sales for teroh vlll bo approximately 1,150,000 pounds vhlch vlll bo a substantial Increase over February. Total sales for 1945 through February are 1,717,210 pounds as eonparod vlth 2,119,404 pounds la tho corresponding period of 1944. Xa the latter figure are included 400,000 pounds of zinc oxide sold to CVS. Vo have had no sales to CVS In 1945, consequently sales to the regular trade for both years arc about the sane. Table Xo. 2 gives a breakdown according to paint, rubber, and miscellaneous Industries. VATU VO, 9 Paint lubber Miscellaneous Paint lubber Miscellaneous CVS FXM04XT 1245 ,, , Pounds Talus _ . 1254 Pounds Talus 181,200 434,450 2*a45S $ 14,030.65 41,791.88 *3.027.19 *50,550 316,600 *25*350 6 19,051.02 30,529-76 848,100 78,849.72 843,000 $ 76,986.93 Fsauds JA1UXX 1945 Talus Pounds 1944 Talue 3*2.360 385.950 160,000 $ *3,959.31 36,853.63 15.827-13 344,154 3*3,100 *09,15e 400.000 4 *6,037-52 30,877.26 20,667.54 38.000.00 869,110 $ 76,640.07 1,276,404 115.582.32 The lover tread of sales to the paint Industry and tho hitter sales to the rubber Industry are Indicated In the eomperlsoai for January and February of 1945. Sales of the Tlotory Line of leaded zlno oxides nay reverse the trend la the paint industry and ve expect that In the rubber Industry the sales vlll continue to be at a eoe*amtlvely PNYC00001562 Mr. S. X. Dirjw -3- rch 30, 1945 high level. Table Xo. 3 gives breakdown of sine oxide sales for February seeardlng to the three classifications. TABU XO. 3 U.S.P. Quality Seal Other Lead free and Loaded 183,700 Lbs. 31,200 Lbs. 633.200 Lbs. 848,100 Lbs. The sale of S.S.P. quality sine oxides sens to run In eyeles. During the last few noaths of 1944 they were down consider ably but this year they have been up substantially. Table Xo. 4 gives the average sales prlee per pound for the past three Months. wm nr * February January Dooasbcr Average Sales Prioe - Per Pound 9*297# 8.818# 8.958# The average sales prlee for February was up substantially over January. This vas due to the Increased sales of the higher priced French and Muffle furnace sine oxides and the lower sales of the low priced AMerlcaa process lead-free and leaded sine oxides. During arch the average sales prlee per pound should be about the sum as for February. Table Xo. 5 gives a ccwparlscn of vhlte lead sales for January and February of 1945 and the corresponding noaths of 1944. wanfrU wn. * February January 418,634 Lbs. 2,281,266 Lbs. 554,257 Lbs. 855.002 Lbs. The failing off In sales of vhlte lead Is due to the re strictions cm Its use inposed by VFB as of January 1st, 1945. We just received word fMn VFX that during the second quarter the sum arraageaest on the production and eonaunptlae of white lead will be la effect as for the first quarter, with Minor exceptions. Sales for March will be less than 200,000 pounds. Sales for 1945 through February were 2,699,900 pounds as soapsred with 1,409,259 pounds for the corresponding period of 1944. Table Xo. 6 gives the average sales prlee per pound for dry vhlte lead for the past three Booths. PNrC0000l563 Nr. 1. X. Buyer 4- Ntrafa 30, 19*5 TABLE 10. 6 yrtwan Average Sales Trice - Per Pound 8.*99* January 8.3*2* December 8.331* To stunnrlse, Mies of French sad sniffle furnace else oxides on vfalch ve hare a more farorahle margin vlll continne to be good. Sales of our regular American process lead-free aad leaded grades am uhlofa ve have a lover margin of profit vlll continue at the lover levels. If the Victory Line of leaded xlao oxides verbs satisfactorily la the manufacture of paint, ve should market tvo or three hundred toas per month of these. Qa the other hand, Mies of dry vhlte lead vlll he around ome hundred toas per month as long as the present restrictions on consumption that were imposed by VFB re main In effeet. Very truly yours. F.H.Surless*ho ee> Nr. Frederick Lslst ^ Nr. . I. Johnson PNY C00001564