Document zr7XgdOOgE3LYqXD8z707gmm
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. R. K. Dwyer, Executive Vice President, Anaconda Copper Mining Company, 25 Broadway, Bew Tork 4, >. T.
May 31, 19*5
Bear Mr. Dvyer:
This la a summary of the sales position of zinc oxide and white lead for the month of April, 19*5*
Table lo. 1 gives a comparison of zinc oxide sales for March and April of 19*5 and the corresponding months of 19**.
TABLE MO. 1
April Msrah
1245
1,182,050 Lbs. l,l6*,*50 Lbs.
1244
1,185,550 Lbs. 1,191,*6* Lbs.
Bales for March and April of 19*5 were about equal. While sales for April of 19*5 were almost the same as sales for April of 19**, In the latter figure are included 600,000 pounds of zinc oxide sold to
C.V.S. Ve did not sell anything to C.V.3. In April of 19*5 vhloh means that our sales to regular customers In April of 19*5 were about double
those In April of 19**.
In March of 19*5 the sale of muffle furnace zinc oxide reached a peak. It was off considerably In April and the downward tread has
continued through Msy and very likely will continue through June. It Is quite possible that conditions In Europe have been responsible. According to confidential Information I have received from V.P.B., the sale of lead-free zinc oxide to the rubber Industry has gone down in each of the past two months despite the shortage of carbon black and
the expected substitution of sine oxide for It.
In April the Victory leaded line of sine oxides accounted for 13* tons of our total sales. This development, together with slight increases In the sales of American process lead-free and 35 leaded offset the lower sales volume of the sniffle furnace and Trench
furnace grades of zinc oxide.
Sales for May will be approxlmstely 1,920,000 pounds of which 1,020,000 pounds will be to regular customers and 900,000 pounds to C.V.S. Sales through April, 19*5 are *,063,710 pounds as compared with *,*96,*l8 pounds. 1,000,000 pounds sold to C.V.S.' are contained in
v
N10221
PNYC00001553
Hr. 1. I. Dwyer
'2' ay 51, 1945
the letter figure which means that our aeles to regular customers for the flrat four months of thla year are considerably ahead of the same period laat year.
fable >o. 2 givea a breakdown according to paint, rubber, and miscellaneous lndnatrlea.
TABLE 10. 2
a p b iL
1945
Pounds
Yalue
1944
Pounds
Yalue
Paint Bubber Miscellaneous
C.V.8.
530,850 340.100
311.100
39,665.62
33,059.75 31,129-50
272,350 109,250
203.950 600.000
20,947.78 10,463.13 19,024.75 57,000.00
1,182,050 103,854.87 1,185,550 107,435.66
NABOB
1945
Pounds
Yalue
1944
Pounds
Value
Paint
Bubber Nlaeellaneoua
189,350 669,500
305.600
1,164,450
14,797.26 64,253.75 -?0|?,lL.g?
109,969.24
265,764 720,300 205.400
1,191,464
21,336.50 68,600.50 M52.39
110,389.39
The aubatantlal laereaae in aalea to the paint Induatry vaa ainly accounted for by the Tletory line of leaded alnc ozldea, al though the aalea of American proceaa lead-free and leaded were up allghtly. In connection with the outlook for the paint Induatry, Mr. B. T. Trigg, prealdeat of the Batloaal faint, Yarniah and Lacquer Aaaoclatiaa at a neeting of the Chicago Paint, Yarniah and Laoquer Aaaoclatlen atated that la hia opinion the paint and warnlah induatry bad reaohed lta all-tine low point, with poaalbly the aeeoad and third quartera te he the leveat In production. Be atated that the picture he vaa about te paint vaa not wary encouraging la regarda to the rav aterlal altnatlon. It vaa further indicated that there vaa expecta
tion of relaxation of aone of the various reatrletleoa, but of eourae
thla la very uaeertala.
It vill he noted that in April there vaa a aubatantlal falling off la the Tolune of aalea to the rubber Induatry. Thla haa previously been oowmted upon. Balea to the nlaeellaneoua Industrie*
were about the same for March and April of 1945*
Table Bo. 3 give* a breakdown of alno oxide aalea for April according to the three classifications.
pNPC0000155^
Hr. >. I. Dryor
-3 P 31, 1945
W.g.P. Snlity
Ml Other Lead Tree end Leedad
255,000 Lbs. 23,450 Lbs.
903,600 Lbs.
1,162,050 Lbs.
Table Ho. 4 glees the average sales prise per pound for the past three maths.
TIM HO. 4
April
Mrch
Petrusrr
Average Sales Pries - Per Posad 8.786# 9.444#
9.297ft
Because of a falling off In Mies of the higher-priced sniffle and Preach furaaoe sine oxides, and a substantial laerMse in
the Mle of the lover prised Anerloan process 1md-free and lMded
tine oxides, the average Mies price per pound vos dovn substantially In April. Because of the Mle of 900,000 pounds of Baffle furaaoe sine oxide to C.V.t. la Hay, the average Mies pries per pound should be considerably higher and vlll probably be about 9ft per pound.
Table Bo. 5 gives a amparlsoa of vhlte lMd rales for March and April of 1945 and the corresponding Booths of 1944.
fiuin
1945
1944
April Harsh
349,565 Lbs. 259,211 Lbs.
489,078 Lbs. 1,694,269 Lbs.
Zt Is expected that the Mle of dry vhlte 1md vlll continue at the volune It has been at for the past several nenths. There Is no likelihood of an lasraaM In sales until the present restrictions
are eithsr Meed or ellnlnated. gales through April of 1945 vere 3,308,67* Bounds as coopered with 9,592,626 pounds for the sane
period Inna poor. Sue to very substantial Mies la January of
1945 ear sales for this yMr are almost efnl to those for last
yMr.
Table Be. 6 gives the avenge sales prlra per pound for dry vhlte lrad for the past three nenths.
Avenge gales Prise - Per Pound
April 8.595#
Harsh 8.654#
Pcbruary 8.499#
Mr. 1. 1. I*yer
--m
May 31. 19*5
To luMtrli*, oar Mlu of zine oxIda in
should be at
about the 2,000,000 pound level and should renaln at this level for
tba aonths of June and July, das principally to tho sala of 900,000
pounds of nuffla furnaoa sine oxlda aaoh Month to C.V. 8. Salas of
dry vhlta load sill oontinua at tba prsasnt vary loo level until
prasant rastrlotlona on tho production and uso of ohlta load ara
either aasad or ellMlaated.
Tory truly yours.
F.H.Murlesstho
ooi Mr. Frederick La 1st Mr. Q. 8. Johnson
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