MARKET REPORT. - Industrial & Engineering Chemistry (ACS...
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December, 1924
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INDUSTRIAL A N D ENGINEERING CHEMISTRY
MARKET REPORT-NOVEMBER,
1295
1924
[SUPPLIED BY DRUG & CHEMICAL MARKETS]
With the passing of the National election a turning point in industrial chemical activity appears to have been reached. The result of the election appears to have removed the uncertainty and hesitancy which have been so prominent during the past year. Although there has been no sharp increase in business in the weeks following election, a better volume of buying is reported in practically all quarters and the sentiment regarding the future is more optimistic. m5th the political policy of the country established for the next four years, industry is preparing for a resumption of activity on a broader scale. Chemical-consuming industries are beginning to order with more assurance and in larger quantities than has been their custom during the immediate past. Buyers are more willing to contract for delivery over the coming year. Prices are assuming a firmer tone and already price changes are more numerous and advances more frequent. Small stocks in makers' and consumers' hands are bases for a stronger undertone in chemicals. The delayed announcement of contract prices in soda ash and caustic soda came about a week after election. Although lower prices were not expected, rumors of possible higher prices had been heard in the trade owing to increased costs of production. The 1925 schedule showed no change from the 1924 prices, however. Contract business is stated to be coming in freely and the prospects are reported bright for 1925. Announcement of bleaching powder and liquid chlorine prices also arrived the same week as the alkali prices. In contrast to the low prices a t which cogtracts were made last year in bleach and chlorine, the new contract prices are considerably higher but a t approximately the same levels at which business has been taking place since early in the year and to which levels prices had recovered after the slump a year ago. Contract business in bleaching will be taken a t $1.90 in car lots of standard drums. Less than carload business will be 15 cents higher, and small drums 25 cents above the standard drum price. Spot works prices are 10 cents above contract prices. Liquid chlorine prices are slightly lower than the recent schedule for large quantities while small quantities are higher. Tank car business on contract is named a t 4 cents a pound; car lots of cylinders, 51/2 cents; less than car lots, 7 cents; ton lots or less, 8 cents per pound; spot works prices, ' / 4 cent higher. Manufacturers of mineral acids are higher in their views and have advanced muriatic and sulfuric 15 cents per hundred for trucking quantities, and 25 cents for nitric acid. Tank car quantities are also firmer a t $14 per ton for 66' BC. sulfuric. Acetic
acid has been moving in better volume a t unchanged prices. 1,actic acid has taken on a stronger tone owing to the rise in corn prices. Oxalic acid has been quiet and unchanged in value. Domestic chemicals have been maintained a t fairly uniform prices, while imported products have been fluctuating slightly. Ammonium chloride has weakened and sales have been reported at 53/4 cents for the imported material. White arsenic is inactive owing to lack of interest since the failure of calcium arsenate t o sell according to expectations last summer. Antimony products have been advancing owing to the r:se in metal due to war activities in China. Lack of demand for barium chloride and carbonate has resulted in lower prices Imported offerings of chloride have been made below $65 per ton, New York. Domestic material has been reduced t o $72.50 ber ton. lmported carbonate is offered a t $55 per ton spot while domestic is held a t $64 per ton, works. Copper sulfate is stiengthening following the rise in metal to 14 cents per pound. L,ead acetate has also advanced owing t o appreciation of the metal. Caustic potash is firm a t the recent higher prices and the outlook is for still higher quotations. Potassium permanganate $as been advanced to 15 cents by both domestic and foreign producers after holding aTound 13 cents. Tin crystals have adTranced following the rise iri tin prices. Demand for intermediates and dyes as shown a decided improvement during the month. Inter1 2diate prices have been holding steady. P-naphthol and p-r .oaniline have been reduced while o-toluidine and o-nitrot ene have been tending upward. The use of nitrotoluene in ; nti-knock compound for gasoline engines has been increasing romides have also been active and have become scarce and because of their use in the manufacture of tetraethyl lead Le high prices have discouraged buying, however, and the :t was less active a t the close of the month. Crude coal an( -tar products have been moving in a routine way. Benzent luction is still far below normal, but supply and demand for rial purposes have been fairly well balanced. I n view of .c)w prices of gasoline, benzene prices are considered high , L this has been due to the smaller production a t the coke o is. Pyridine for denaturing purposes has been slow owing to the , dweather during the month. Alcohol manufacturers report a s -up condition and prices are tending higher. Butyl alcohol an( use1 oil have been in active demand for lacquers and varnishes. Cod-liver oil prices have advanced owing to increased consumption, although the catch this year is reported up to normal.
Courtesy of Drug 6 Chemical Markets
1296
FIRST-HAND PRICES FOR GOODS IN ORIGINAL PACKAGES PREVAILING I N
Vol 16. No 12
THE NEW YORK MARKET
INORGANIC CHEMICALS
........ . ... . . ... . .. . ............ . ....... ........ ........ ............ .
Acid. Boric. cryst bbls .I b. Hydrochloric. comm'l 20° .I b. Hydrofluoric. 30%. bbls .I b. Hydriodfc. 10% U S P . I b. Nitric. 42'. cbys . c/l wks . I b. Phosphoric. 50%. tech., .Ib. Sulfuric. C P . I b. 66' tks wks., .ton .ton Oleum. 20% Alum. Ammonia. lump .I b. Potash. lump . I b. Chrome .............. I b. Soda. ground ............ . I b. Aluminium Sulfate (iron.free) . I b. Ammonium Carbonate. pwd ... . I b. Bromide . I b. Chloride. white gran lb Ammonia. anhydrous lb Ammonia Water. drums. 26'. . I b. Arsenic. white .I b. Barium Chloride .ton Nitrate .I b. Barytes. white .ton Bleaching Powd., 35%. workB 100 lbs Borax. cryst., bbls . I b. Bromine. pure. wks ; lb Calcium Chloride. fused. f o b . N Y ton Chlorine. liquid. cy1 c/l lb Copper Sulfate 103 lbs Iodine. resublimed 1. lb Lead Acetate. white crystals .I b. Nitrate .I b. Red 10 bs White (Carb.). Ib Lime. live and hydrated. bbl b Oyster shell 3 Lime Acetate., .la 3 Magnesium Carbonate. tech Magnesite. calcined 1 Phosphorus. yellow Red Plaster of Paris. tech Potassium Bichromate Bromide. Carbonate. calc., 80-85' Chlorate. cryst Hydroxide. 88-92% Iodide. bulk. U S P .It Nitrate 11: Permanganate. U . S. P lb Prussiate. red .It Yellow lb . Salt Cake. bulk .ton Silver Nitrate . oz. S o d a A ~ h . 5 8 ~ ~ ..blc/I g s. N.Y.lOO lbs Caustic. 76%. lc/I N.Y.lOO lbs
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* Resale or Imported
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Nov 15 09%
Nov 1 09%
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. .01% .07 .73 .06 .08 .09
.01% .07 .73
.06 .os
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09 14.00 18.00 03% *.03 05% 04 0294 09 44 07% 30 .06% 06% *69.00 *.07% 33.50
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14.00 18.00 03% *.03 05% 04 02% 09 44 07% 30 06% 06% *65.00 *.07% 33.50
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1.90
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47 *.05% *.06?4 *.07% 3.75
47 *.05% *.06% *.07% 3.75 06% 16 *.37 *.16% 19.00 34 1.94 3.66
13 *.38 *.16% 19.00 34 1.94 3.66 I
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(not an American maker's price)
1920
* 09 15.00 18.00 03% *.03 05% 04 02% 10% 33 07% 30 .07% 13% *85.00 ".OS% 33.50
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24.30 04% 4.65 4.55 14 12 11.40 09%
. . . .01% .03% 3.00 .08 55.00 .37% 3.30 .08%
-06%
*
24.30 07 4.65 4.40 15% 12 11.00 10
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. . . . . . . 3.30 .08%
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.11 .01% .07 73 ..06% 08
1.25 05% 29
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-39
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. 1924
2.00 05% 39
.05%
24.30 05% 4.65 4.40 14% 12 11.00 10 01% 03% 3.00 08 55.00 37%
Jan
1921
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. . . .01% .03%
4.00 08 55.00 35 *.75 3.30 09% 26 *.06 07% *.06% 3.75 06% 14 *.42 *.22 24.00 44 1.94 3.66
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INDUSTRIAL A N D ENGINEERING CHEMISTRY
*
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Sodium Acetate Ib Bicarbonate 100 lbs Bichromate lb Bisulfite. powd .lb Bromide . I b. Chlorate Ib Cyanide. 96-98% . I b. Fluoride. tech., lb Hyposulfite. bbls 100 Ibs Nitrate. 95% 100 lbs . Nitrite lb . Prussiate. yellow .I b. Phosphate (disod.), tech .....lh Silicate. 40°.. 100 lbs Sulfide 60%. fused lb Strontium Nitrate .I b. Bromide lb Sulfur. flowers 100 Ibs Crude. mines .long ton Tin Bichloride. 50% s o h . I b. Oxide Ib Zinc Chloride. U S P .I b. . I b. Oxide. bbls
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Nov 1 05 2.25 06% 04 -42 -06% * 22 08% 2.50 2.40 09% 09% 03% 80 03% 10% 52 3.00 14.00
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Nov 15 05 2.25 06% 04 44 06% 22 08% 2.50 2 40 09% 09% 03%
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Jan 1924
.06 2.26 07% .04% .24 .06% .23 .09 2.75 2.52 08% .11% .03% .80 .04 11%
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.. .. . .80 .03%
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.10% .52
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.33
3.00 14.00 15 56 27 08
.15 .54
3.00 14.00 .13% .51 .25 08%
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-27 08
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OR QANIC CHEMICALS
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Acetanilide. U . S P., bbls .I b. Acid. Acetic. 28 p c 100 lbs Glacial 100 lbs Benzoic. U S P .I b. Carbolic. cryst., U S P., drums Ib 50 t o 110.lb tins ..I b. Citric. crystals. kegs .I b. Oxalic. cryst., bbls., wks .Ib Pyrogallic. resublimed lb Salicylic. U S P . I b. Tannic. U S. P., bbls . I b. Tartaric. cryst., U S P .I b. Acetone. drums Ib Alcohol. denatured. complete .ga1. EJhyl. 190 proof. bbls .ga1. Amyl Acetate .ga I. Camphor. Jap. refined. cases . I b. Carbon Bisulfide. c/l Ib Tetrachloride lb Chloroform. U S. P., drums .I b. Creosote. U S P lb Cresol. U S P .I b. Dextrin. corn 100 lbs . Imported potato . I b. Ether. U S P., 100 lbs . I b. Formaldehyde. bbls lb Glycerol. dynamite. drums Ib Methanol. pure. drums .gal Methylene Blue. med . I b. Petrolatum. light amber Ib Pyridine .gaI. Starch. corn powd 100 Ibs Potato. Jap . I b. Sago lb
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11.01
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.25
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1922
1823
.
36 3.12
.72
.27 .46
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09% 1.50 35 83 29 16 52 4.88 3.50 67 06 -06% 35 45 22 4.62 07% 13 09% 18 77 2.20 04% 4.16 3.97 06 03%
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36 3.12 11.01 72
.32 3.38 12.78 .72
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.25 .46 .09% 1.50 .35 .8 3 .29
.30 .32 .48 12 1.55 .35 .83 .33 .25 .48 4.83 4.65 .87 .06
.27
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..5716
4.93 3.50 67 06 06% 35 45 22 4.62 08 13 09 17% 77 2.20 04% 4.00 3.97 06 03%
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1924
E E D I C I N M . CXEXIICAL PRICSS
.10% *35 -40
*
.25 3.64 .07% .13 10% 16%. .92 2.25
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.04%
3.75 3.22 .06 .05
I
Average P r i c e of Tren%y repre-
$2.
Courtesy of Drug & Chemical Markets
1
December. 1924
INDUSTRIAL A N D ENGINEERING CHEMISTRY OILS. WAXES. ETC
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Nov 1
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Nov 1
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Beeswax. pure. white .I b. Castor Oil. No 3 . I b. Ceresin. yellow Ib Corn Oil. crude. tanks. mills . I b. Cottonseed Oil. crude. f 0 . b mill . I b. Linseed Oil. raw. lc/l .gaI. Menhaden Oil. crude. mills ... .gaI. Neat's-foot Oil. 20° Ib Paraffin. 128-130 m p., ref .I b. Rosin. "F" grade. 280 Ibs bbl Rosin Oil. first run .gaI. Shellac. T N . I b. Sperm Oil. bleached winter. 38" .gaI. Stearic Acid. double pressed . I b. Tallow Oil. acidless . I b. Turpentine. spirits of .ga 1.
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Nov 15
.40 . 17 .09 .10
.40 . 17 *
09
.09%
.08%
*09% 1.11 57 18% 05% 7.50 45 62
1.06 -55 18% 05% 7.30 45 62
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. . . .92 .13% . 11 .86
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. .92 .14 .11% .86
. .36 . 14 .08 . 10
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.27
.27
2.20 13% 13% 8.65 29 118.00 69.50 70 53% 8.50 6.85
2.20 14 13% 8.65 29 118.00 69.50 69 54% 8.50 7.20
.12
.14%
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.63
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. 84 . 12 . 10 .94 .28 10.00 2.75 13 13 8.00 29 122.00 60.00 . 64% 47 8.50 6.70
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2.25 2.50 3.75 5.50 68 2.40
2.25 2.50 3.75 5.50 68 2.40
3.25 3.55 4.50 5.50 68 2.52
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Crudes
..........Ib . .........ga I. ............Ib.
................lb .
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1920 c
A I
.75 *
.75 .25 .05% .25
25 05 25
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1921 .
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COAL-TAR CHEMICALS
Anthracene. 80-85% Benzene. pure. tanks Naphthalene. flake Phenol. drums
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2.25 4.75 & 10
3.65 &
.75 .20 .06 .30
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2.95 4.30 25.00
. 10
Acids: Anthranilic Ib Benzoic. tech .I b. Cleve's . I b. Gamma Ib H .I b. Metanilic Ib Monosulfonic F . I b. Naphthionic. crude ........ lb Nevile & Winther's .I b. Picric .I b. Sulfanilic . I L. Tobias'. Ib Aminoazobenzene Ib Aniline Oil Ib Aniline Salt . I b. Anthraquinone. sublimed Ib Benzaldehyde. tech Ib U.S. P Ib Benzidine Base., . I b. Benzidine Sulfate .I b. Diaminophenol .I b. Dianisidine Ib p-Dichlorobenzene Ib Diethylaniline lb Dimethylaniline Ib Dinitrobenzene Ib Dinitrotoluene. Ib Diphenylamine .I b. G Salt . I b. Hydroquinol Ib Monochlorobenzene Ib Monoethylaniline Ib @.Naphthol. dist .I b. a-Naphthylamine lb @.Naphthylamine. Ib m-Nitroaniline Ib $-Nitroaniline lb Nitrobenzene (Oil Mirbane) .I b. +Nitrophenol . I b. o.Nitrotoluene Ib #.Nitrotoluene Ib m.Phenylenediamine. Ib . $-Phenylenediamine Ib Phthalic Anhydride : Ib R Salt . I b. Resorcinol. tech .I b. U S. P lb Schaeffer's Salt .I b. Sodium Naphthionate .I b. Thiocarbanilide Ih Tolidine. base lb Toluidine. mixed. Ib o-Toluidine Ib #.Toluidine Ib m-Tolylenediamine Ib Xylidine . I b.
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.90 .50 . 17% . 04 5.80 .43
1.80 4.95
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Jan. 1924
.26
.22
.50
.50
.96 .70 1.00 1.45 .72 .60 2.30 .62 1.05 .25 .20 .90 1.15 16% .22 1.00 .70 1.50 .80 .70 3.80 4.60 .17 .58 .35 .18 .19 .48 .55 1.40 .09 1.25 .26 .35 .76 .78 70 .10 .75 .09 .45 .96 1.30 .23 .50 1.40 2.25 .60 .62 .30 .95 .31 .14 .75 .88 .45
.96 .70 1.00 1.65 .75 .60 2.30 .62 1.10 .25 .20 1.00 1.16 16% -24 1.00 .75 1.50 .82 .70 3.80 4.60 .17 .50 *39 .19 -19 .48 .56 1.40 .10 1.00 .26
Intermediates
.09%
1.80 4.80
3 . 5 0 8 ~ 10 3 . 2 5 &
.26 .50
..................ga I.
2.70 3.75 33.00
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......... .ga I.
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2.65 3.75 33.00
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N o v 15
(Concluded)
Toluene. pure. tanks Xylene. 2' dist range. drums
F E R T I L I Z E R MATERIALS Ammonium Sulfate. wks 100 lbs Blood. dried. f o b Balt .unit Bone. 3 and 50. ground. raw .ton Calcium Cyanamide. unit of Ammonia Fish Scrap. dried. wks .unit Phosphate Rock. f o b . mine: Florida Pebble. 68% .ton Florida. 70% .ton Florida. 74-75% .ton Tennessee. 72% .ton Potassium Muriate. 80% .unit Sodium Nitrate. 95% 100 lbs . Tankage. high.grade. f o b Chicago .unit
Crudes
Jan 1924
METALS Aluminium. N o 1. ingots., . I b. Antimony. ordinary 100 Ibs Bismuth . I b. Copper. electrolytic Ib Lake . lb. Lead. N Y 100 lbs Nickel. electrolytic Ib Platinum. refined. soft . O Z. Quicksilver. flask - 7 5 lbs ea Silver. foreign . O Z. Tim . I b. .per unit Tungsten Wolframite Zinc N Y 100 lbs
1297
. 10
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1922
1923
.96
.70
1.00 1.45 72 60 2.30 62 1.05 25 .20 90 1.15 16% 22 1.00 70 1.50 80 70 3.80 4.60 17 58 35 18 19 48 55 1.40 * 09 1.25 26 .35 76 78 70 10 75 09 45 96 1.30 I23 50 1.40 2.25 60 62 30 -95 31 14 75 88 -45
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.3s
.76 .78 74 .10 .75 10 .55 .96 1.45 .25 .55 1.40 2.25 .60 .62 .30 .95 .31 .14 .86 .88 .59
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1
DYE I N T E ~ M A I X EP R m S Average Price o f Twenty Rep-
Courtesy of Drug 6r Chemical M a r k &
