Document byy7YO1eYxQ6pZ1RdDV315kp0

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 Mr. X. I. Dwyer, Executive Tie* President, Anaconda Copper Klnin* Company, 25 Broadway, Xev Tork 4, X. T. * 7 1. 19*5 Dear Mr. Dwyert This Is a summary of the sales position of slue exld* and white lead for the month of Msroh, 19*5* Tatis Xo. 1 gives a oemparlson of slme oxide sales for February and March of 19*5 and the corresponding months of 19*4. wo. i Nsreh February 12*5 l,l6*,*50 Lts. 8*8,100 Lbs. 12** 1,191,46* Lbs. 843,000 Lbs. Sales during March of 19*5 are up substantially over February. This Is tee principally to a ooaslderable Increase In the sale of muffle furnace sine oxide during March as veil as a fair increase In the sal* of French furnace oxide. The sale of Aswrloan process lead-free and leaded oxides uas up slightly In March. Thile the shortage of carbon blaok Is causing a substitu tion of lead-free sine oxide. It Is possible that the cutting back of var orders may he more than offsetting this. 2 have no definite Information on this subject but s c u m of our largest oustoswrs vho purchase muffle furnace xlmo oxide have shown an Inclination during the past two weeks to rotes* their ccmaltments. However, It should be pointed out that any falling off Is from a peak as our sales of muffle sine sxlda during the past few months have been much better than they were previously and the present level that we are approaching Is what was formerly considered normal. V* have run Into scam difficulty In marketing the Victory line of leaded sine oxides which are Mde from Bast Selena and Tooele fumes. Briefly, this Is that lsnwdlstely after paints containing these materials are ground and painted oat they dry satisfactorily. Severer, upon aging two or three weeks It appears that there Is some neutralisation of the drier and the paints do not dry In the usual length of time although they do eventually dry to a hard film. Ve do not as yet have a solution to this problem. Xevertheless, we sold approximately 125 tens of the T-llme of leaded sine '>'"r000,55. N10222 X. X. Buyer -2- vf 1, 19*5 oxlAm during April and ve have orders fr an addltlsnal 100 ton to too shipped 1b liiy. Vo toot o a definite understanding vltta our suato- non regarding thia trouble and they are using ttoe eaterlei vitto tbo understanding that it la up to tfaoa to correct it. Vfallo ttola doTolopnnt nor# or loaa pate a cloud oror tbo erketing of tbo Victory lino of loadod also exidea, noTertbolaoa re ay bo able to solve tbo problea. Xron If we do not solve it vo vlll continue to promote ttola lino and it le quite possible that so nay vork up a fairly satisfactory volume of salsa, vitto tbo customer accepting ttoe notorial on a qualified basis. At least, that Is ttoe procedure ve are going to adopt far ttoe present. Sales for Hay vlll be approximately 1,150,000 pounds to regular ouatesaors, plus a possible 900,000 pounds to CVS asking a total of 2,050,000 pounds. Total sales for 19*5 through Arab ore 2,88l,66o pounds. Tor the sane period In 19** they vers 3,310,868 pounds. In ttoe latter figure are laoluded *00,000 pounds of sine oxide sold to CVS. Taking this Into consideration our sales to ttoe regular trade for both periods are about ttoe sane. CVS has nailed us a contract for *50 tons of nuffle furnace Txlne oxide to be shipped daring ttoe month e May. Vhlle there are still many problems to be vorked out vitto CHS la connectIan vitto this contract, ve do expect to ship ttoe *50 tons to than during May and It Is quite likely that ve vlll ship then an equal amount during each of the months, of June and July. Table Xo. 2 gives a breakdown according to paint, rubber, and miscellaneous Industries. tmx 0. 2 Founds MftXCK 19*5 Value Founds 19** Tslue Faint Xubber Miscellaneous 189,350 669,500 1,16*.*50 1*,797.26 6*,253.75 .JgaS&BJP. 109,969.2* 265,76* 720,300 205.*00 1,191,*6* 21.336.50 68,600.50 110,389.39 Faint Xubber Miscellaneous 19*5 Founds Value 181,200 *3*,*50 1*,030.65 *1,791.88 23.027.19 8*8,100 78,8*9.72 19*4 Pounds "Z= Value 25O.55O 316,600 2T.2i.850 19,051.02 30,529.76 27.*06.15 8*3,000 76,986.93 PNYC00001558 Mr. I. X. Dvyer -3- V 1# 19*5 Ttw brMkdns of h Ih for the month of ferch ikon continuation of reduced ooloo to tho point Industry vfclle ooloa to rtho ruhbo Industry shooed on lnerooao of approximately 50#. Miscellaneous ooloa wore ot about the aame level. As regards oondltlona existing Is the point Industry ot the present time X am quoting from the American Point Journal, April 20th Issue. "All of tho rumors concerning deela with the Argentine hove now been denied by the State Department, and linseed oil crushers are facing the future with tho deepest gloom. Military directives have run beyond expectations, and If this rate keeps up, net a drop of lin seed oil will be left In crushers' hands In tho felted States, even for military use. There is hardly any now for civilian use. Mili tary needs can then be met from the Oovenasent stockpile, but there will not be any at all for civilian use. Between now and the end of August ve need 10,000,000 bushels of seed, which Is the equiva lent of 200,000,000 pounds of linseed oil. This amount oanmot ho supplied from Canada, hut it la reported that 28,000,000 bushels of seed are available In the Argentine, for which export permits earnest be obtained, feless seed la obtained within thirty days. It will ha too late, and the earliest that could he hoped far from the Argentine would he sixty days." Table Mo. 3 gives a breakdown of sine oxide sales for fereh according to the throe classifications. TAMJt BO. 3 tr.S.P. Quality Baal Other lead Tree and Landed 265,650lbs. 20,700lbs. 878.100Lbs. 1,164,450 Lbs. Table Me. 4 gives the overage sales prise per pound for the past three months. waasm wo A March February Jhuuarr Average Bales Prlae - Per Pound 9*444# 9.297# 8.818# The average prise per pound continued its upward tread during Mareh. Xt Is expseted that in April the average price per pound will fall belev 9# because of the lower volume of Preash and muffle furnace oxides as compered with Marsh, and the substantial Increase la the lower lead-free and leaded grades, which increase was fee principally to the marketing of about 1*5 tome of the Victory line of leafed sine axldes. felle wo make a satisfactory profit on the Victory line, nevertheless the prise Is 7# per pound and affects the average price per pound. PNYC00001559 Mr. >. I. Payer Wk j 1, 19*5 fakl* Vo. 5 (ini t taqtrlia of shite 1m< h 1i for February u4 Maroh of 1945 and the corresponding nontbs of 194%. Bran February TAVLV VO. 5 12*1 259,211 Lbs. 418,634 Lbs. 12** 1,694.289 Lbs. 554,257 Lbs. Soloo of dry shite load acatlane to rofloot the Inactivity of the paint Industry, slth particular recard to production of civilian paints. Xt is not expected that any lnprevaasst vill be experienced in the near future and it is quite likely that sales for April trill be about 350,000 pounds. Sales for 1945 through Corah ere 2,959,111 pounds as coorpared vlth 3,103,548 pounds for the sane period of 1944. fable Vo. 6 gives the average sales price per pound for dry vhlte lead for the past three nanthe. oiny.u an f> March February January Average Sales Price - Per Pound 8.65ty 8.499^ 8.3421 The average prise per pound for larch vas up ever February due principally to the feet that practically all sfclpannta sf dry shite lead in March sere la Ices carload quantities. Less carload quantities take a pries l/ty per pound higher than carload quanti ties. In February ve did have b o o m earload buslncsa. To sunHtrlse, cur total salaa should be over 2,000,000 pounds for May. About 900,000 pounds of this sill be to CVS if ve ere eueeeasful la negotiating the eoatreot and salving ether problems in connection vlth producing end shipping the sine oxide, the remain ing sales to the regular trade being at about the sens level as for March. Ota the ether heed, the outlook for the paint industry is such that eur eels of dry Shite lead sill rana in at its very lew level for s c s m tins ta sane. ary truly yours. F.V.Vurlesaiho eei Mr. Frederick Lalst Mr. #. X. Johnson 0001560 t pNtc0