INDUSTRIAL A N D ENGINEERING CHEMISTRY
328
MARKET REPORT-FEBRUARY, [SUPPLIED BY
contract shipments direct from plants, was not up to expectations. Sales from spot stocks were not only restricted to small quantities for immediate consumption, but a short month, marked by several holidays, tended further to reduce the movement of chemicals. The whole month was one series of price changes alter another. The tendency was mixed, with the declines having a slight predominance. Movements in some groups showed sharp rebounds from levels below production costs, while others, especially lead and tin salts, continued an upward trend started last month. Some products, particularly where foreign competition is still a factor, eased off steadily during the period. Bleaching powder and chlorine have recovered much strength since the first of the year and another advance of 25 cents per hundred in bleach and a half cent per pound in chlorine has been announced. Alkalies have remained steady, though new orders have not been forthcoming since the annual contract business was placed a t the close of 1923. Deliveries are reported in good volume, however. Mineral acids, especially in small quantities, are slightly higher, while tank car business is passing at slightly lower levels. Manufacturers of acetone announced two reductions within about two weeks. Carbon tetrachloride is selling lower owing to keen competition. Oxalic acid is also subject to competition and prices have fallen below 11 cents a pound in some cases. Formic acid has been difficult to obtain and prices for this material have advanced. Citric and tartaric acids are easier. Formaldehyde stocks have been reduced and makers are now asking higher prices. Potassium permanganate has been selling below 14 cents a pound, owing to competition between the domestic manufacturer and importers. Arsenic has failed to show any signs of activity during the month. The season for the manufacture of calcium arsenate is now a t hand, but consumers have not yet shown enough interest iq calcium arsenate to warrant manufacturers to continue producing and several have already stopped production. Arsenic has declined slightly, prices are generally quoted at 1Z1/4 to 1Z3/4 cents a pound, though distressed lots have sold under 12 cents. Calcium arsenate prices have been holding around 111/2 cents a pound for immediate delivery and up to 13 cents for later shipment. Copper sulfate has been in demand from agricultural sections for spring delivery. Prices are still at low levels, 4l/2 to 43/4 cents a pound, but the recovery of copper prices this month may strengthen the blue stone prices. Ammonium sulfate demand has increased in the South and prices are some-
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$11.
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\
1
19%
DRUG& CKEMICAI, MARKETS]
HE volume of chemical business during February, except on
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Vol. 16, No. 3
what firmer. Sodium nitrate is slightly on increased demand. Phosphate rock prices have been reduced. Metal prices have been advancing during the month, tin showing the most important increase with 7 cents a pound. All tin products, oxide, crystals, and salts have advanced with the rise in metal prices. After a long dormant period, copper advanced sharply from cents a pound to 13'/2 cents a pound. Lead and zinc advanced $5.00 a ton followed by advances in lead acetate, carbonate, and oxide. Mercury declined, but recovered quickly to its former prices of $60.00 a flask. Sodium bichromate has strengthened and makers are quoting higher prices at 7l/2 cents a pound. Potassium bichromate is also higher. Sodium cyanide is lower. Sodium acetate is firmer. Sodium prussiate is unchanged but firmer. Domestic material is now competing strongly with the lower priced imported prussiate. Potassium prussiate is lower a t 19l/2 cents a pound. Domestic caustic potash is lower while imported is fairly steady. Sal ammoniac is scarce, but prices are unchanged owing to lessened demand. Sodium hyposulfite is stronger. Salt cake supplies are more plentiful and prices are much easier. Following the recent advances in gasoline, in competition with which it is sold, benzene has again advanced. Toluene, solvent naphtha, and xylenes are all higher. Demand has been excellent and producers have been hard pushed in some cases to make deliveries. Phenol scarcity has become more pronounced, and consumers are having considerable difficulty in obtaining their requirements. Producers are sold well ahead and the only materials available are odd lots in the open market. Prices have not responded appreciably owing to cautious buying on the part of consumers. Sales have been reported generally a t 361/2 and 37 cents a pound. Naphthalene demand for spring delivery has been good, while prices are remaining steady a t low levels. Supplies appear plentiful this year and the 9-cent price of last year is unlikely. Cresylic acid is more plentiful and prices are generally lower around 70 cents a gallon. Intermediates have been more or less routine, with here and there a gradual decline to lower levels owing to the dull demand. Gamma and H acids are lower. Dimethylaniline is easier. Diethylaniline is higher owing to a temporary scarcity. Anthraquinone is higher, P-nitraniline is lower. Resale salicylic acid is cheaper a t 35 cents a pound. Cottonseed oil has been weak owing to a lack of demand and liquidation of stocks. Linseed oil has been advancing steadily owing to the scarcity of seed in the eastern market. Raw oil in carlots is named a t 94 cents a gallon.
INDUSTRIAL CHEMICAL PRICES P r i c e Per Hundred Pound8 of Twenty Representative Heavy Chemicals
: Average
$9.
$1:
Courtesy of Drug 6.* Chemical Markets
INDUSTRIAL A N D ENGINEERING CHEMISTRY
March. 1924
329
FIRST-HAND PRICSS FOR GOODS IN ORIGINAL PACKAGES PREVAILING M THB NBW YORK U R K B T INOBGANIC CHEMICALS
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Feb 1 11
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Feb 15 11 01%
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Acid. Boric. cryst bblr lb Hydrochloric.comm’1 20°1b 01% Hydrofluoric. 30% bbls .lb. 07 07 Hydriodic. 10% U S P lb 73 73 Nitric. 42O. cbys c / l wks.lb. 06% 08% Phosphoric. 50% tech .I b. 08 08 Sulfuric. C P .Ib. 09 09 0 6 O tks wks .ton 15.00 15.00 .ton 18.00 Oleum. 20 % 8.00 .I b. Alum. Ammonia lump 0354 03% lb Potash. lump *.02% ‘.021/s Chrome .Ib. 05% 05% .I b. Soda. ground 04 04 Aluminum Sulfale (iron-free) .I b. 02% 02% Ammonium Carbonate. pwd lb 10% 10% Chloride. white gran .I b. 07% 07% .I b. Ammonia. anhydrous 30 30 Ammonia Wnter. drums. 26O.lb. 06% 06% . I b. Arsenic white 12% 12% .ton *82. 50 *82.50 Barium Choride .Ib. *.OX% Nitrate *.OX% 33.50 .ton Barytes. white 33.50 Bleaching Powd., 85%. works 1.50 1.75 100 lbs Borax. cryst., bbls .I b. 05% 05% .I b. 29 Bromine. pure. wks 29 Calcium Chloride. fused. f.0.b. 24.30 N Y .ton 28.30 Chlorine. liquid lb 04% -04% 4.55 4.55 Copper Sulfate 100 lbs Iodine. resublimed .I b. 4.55 4.55 Lead Acetate. white crystals .I b. 14fj 14% Nitrate .l b. 12 12 Red 100 lbs 11.65 11.65 White (Carb.) .I b. 10 10 Lime. livs and hydrated. bbl ..I b. 01% 01% lb Oyster shell 03% 03% Lime Acetate 100 lbs 4.00 4.00 Magnesium Carbonate. tech .I b. 08 08 ton Magnesite. calcined 55.00 55.00 lb Phosphorus. yellow * 35 35 Red Ib .75 76 Plaster of Paris. tech bbl 3.30 3.30 Potassium Bichromate lb 09% 09% Bromide. imported lb 17 17 Carbonate. calc.,80-85 % .lb. * 05% *.OS% lb Chlorate. cryst *.07% *.07% Hydroxide. S8-92% lb *.06% *.OGM Iodide. bulk. U S P lb 3.75 3.75 Nitrate lb 06% 06% Permanganate. U S P lb *.13% * 13% 40 Prussiate. red lb 0.40 Yellow lb * . 20 *.19M Ralt Cake. bulk., .ton 22.00 22.00 Rllver Nitrate . O Z. 44 44 6oda A&. 58%. bags 100 lbs 01.94 *1.94 Caustic. 76%. N Y 100 lbs 3.66 3.66 Resale or Imported (not an American maker’s price)
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Jan 1924 11 01%
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07 73
00% 08
..09
15.00 18.00 03% *.03 0554 04 0254 10% 0754 30 07% 13X
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*85.00
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Sodium Acetate .Ib. 100 lbs Bicarbonate Bichromate lb Bisulfite. powd .Ib. Chlorate .I b. lb Cyanide. 96-98% Fluoride. tech .Ib. 100 Ibs Hyposulfite. bbls Nitrate. 95%, 100 Ibs Nitrite lb Prussiate. yellow lb Phosphate (di-sod.), tecb.lb. 100 lbs Silicate. 40° Sulfide. 60%. fused lb Strontium Nitrate .I b. Sulfur. flowers 100 lbs Crude. mines .long ton Tin Bichloride. 50% sol’n., .I b. .I b. Oxide., lb Zinc Chloride. U S P Oxide. bbls lb
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*.OS% 33.50
1.25 -05% -29 24.30
.04%
4.65 4.55 14 12 11.40 09%
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.01% .03% 4.00 .08 55.00 .35 *.75 3.30 .09% 17 *.OH 07%
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*.06!4 3.76
.06%
1.14 r.42 .22 24.00 44 *1.94 3.66
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Feb 1
Feb 15
Jan 1924
.Ob
05 1.2s
.05 a.25
2.25 07% 04% 06% * 22 09 2.75 2.50
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.08%
.11% .03% .80 .04 * .12 3.00 14.00 14 53 20 08%
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.07% .04% .06%
04%
.06% .22 *
09
2.75 2.50
. .08%
.11% 03% .80 .04
.23 .09 2.75 2.52
.08% .11% .03%
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**12
3.00 14.00 14 53 20 08%
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*8Q -04 *.12 3.00 14.00 .13% .51 .25 .08%
OBGANIC CBEMICALS
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Acetanilide. U S P., bbls .I b. 100 Ibs Acid. Acetic. 28 p c Glacial 100 lbs Benzoic. U S P lb Carbolic. cryst., U S P., lb drums 50- to I l O f b tins .Ib. Citric. crystnls kegs lb Oxalic. cryst., bbls., wks lb Pyrogallic. resublimed., .Ib. Salicylic. U S P .I b. .I b. Tannic. U S P., bbls Tartaric. cryst., U S P .Ib. Acetone. drums lb Alcohol.denatured. complete gal Ethyl. 190 proof. bbls .ga I. Amyl Acetate gal Camphor. Jap. refined. cases .lb Carbon Bisulfide. c / l .Ib. lb. Tetrachloride Chloroform. U S P., drums .I b. .I b. Creosote. U S P Cresol. U S P .I b. Dextrin. corn 100 lbs Imported Potato .I b. Ether. U S P., 100 lbs . I b. lb Formaldehyde. bbls Glycerol. dynamite. drums .I b. .ga 1. Methanol. pure. drums Methylene Blue. med .l b. Petrolatum. light amber lb .ga 1. Pyridine Starch corn. pow’d 100 lbs Potato. Jap lb Sago . I b.
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32 3.38 12.78 72
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.30
.32 *.48 .11%
1.51, 35 83 28 21 48 4.83 4.65 79 06 08% * 35 45 23 3.59 07% 13 11 15 92 2.25 04 % 3 25 3.17 06 . 05
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32 3.38 12.78 72
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*. 48 .11 1.50 35 83 *.28 19 48 4.83 4.65 79 06 08% 35 45 . 23 3.59 07% 13 . 11 15 92 2.25 . 04% 3.25 3.17
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.32 3.38 12.78 .72 .30 .32
1.48
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12 1.55 .36 .83 31 .25 .48 4.83 4.65 .87 .06 10% .35 .40 .25 3.64 .07% .13 10% 16% .92 2.25 .U4% 3.75 3.22 .06 .c5
*.
Courtesy of Drug & Chemical Markets
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OILS. WAXES. E T 0
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Feb 1
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Beeswax. pure. white .I b. Castor Oil. No 3 lb Ceresin. yellow .I b. Corn Oil. crude. tanks. mills .Ib. Cottonseed Oil. crude. f o b mill .I b. . g a 1. Linseed Oil. raw. IC/]. Menhaden Oil. crude. mills .pa 1. .l b. Neat's-foot Oil. 20" Paraffin. 128-130 m p., ref lb Rodn "F" grade. 280 lbs bbl Rorin Oil. first run. .ga1. Shellac. T N lb Sperm Oil. bleached winter. 38 gal Stenrlc Acid. double pressed J b . .I b. Tallow Oil. acidless .pa 1. Turpentine. spirits of
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.36 .15 ..08 09% ..0992
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Feb 15
.36
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..08% 94 .-04 17
.09%
5.85 43 60
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.84 .12% .10 .94
Teluene pure. tanks Xylene 2 deg dist drums
.36
15% 08 09%
.17.% 04 5.75 * 43 60
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.28 10.25 2.76 12% 12% 8.30 29 122* 00 60.00 64% -50 8.50 7.00
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.17%
.04 5.80 .43
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10.00 2.75 13 13 8.00 29 122.00 60.00 64% 47 8.50 6.70
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FEFLTILIZEFL MATEBIALS
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Ammonium Sulfate. expt 100 lbs Blood. dried. f o b N Y .unit Bone. 8 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 .ton Florida. 70% .ton Florida. 74-76570 Tenneasee. 72% .ton potassium Muriate. 80% .unit Tankage. higb.grade. f o b Chicapo .unit
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2.90 4.15 25.00
2.90 4.15 25.00
2.25 4.90
2.25 5.00
3.25 8.55 4.50 6.50
2.25 2.50 3.75
2.75 4.30 25.00 1.25 4.75 & $10 3.25 3.55 4.50 5.50 -68
6.60
.68
.68
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3.70 & .IO 3.05 8 10 8.65 & 10
COAL-TAB CHEMICALS Crudes Anthracene. 8045% Benzene. pure. tanks Naphthalene. flake Phenol. drums
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I t
1920
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.76 .25 .06% .37
75 23 06% 36
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ib .I b. Metanilic lb. lb Monosulfonic F Naphthionic. crude lb Nevik & Winther's .I b. .I b. Picric Sulfanilic lb Tobias'. .I b. Aminoazobenzene lb Aniline Oil lb Aniline Salt lb Anthraquinone (sublimed) .I b. .I b. Benzaldehyde tech U.S.P lb Benddine Base .I b. Benzidine Sulfate., .I b. Diaminophenol . lb. lb Dianisidine #.Dichlorobenzene. .It. lb Dicthylaniline Dimethylaniline .I b. Dinitrobenzene Ib Dinitrotoluene lb Diphenylamine., .I b. 0 Salt .I b. lb Hydroquinol Monochlorobenzene Ib Monoethylaniline lb b.Naphtho1. dist .I b. .I b. o.Naphthylamine. .I b. &Naphthylamine lb m-Nitroaniline., p-Nitroaniline lb Nitrobenzene (Oil Mirbane) .I b. .I b. #.Nitrophenol +Nitrotoluene .I b. #.Nitrotoluene lb m-Phenylenediamine Ib #.Phenylenediamine lb Phthalic Anhydride .Ib. R Salt .I b. Ruorcinol. tech .I b. U.S.P lb Schaeffer's Salt lb Sodium Naphthionate .I b. lb Thiocarbanilide Tolidine (base) .I b. Toluidine. mixed lb o-Toluidine .I b. .I b. #.Toluidine lb m-Toluylenediamine Xylidine lb
H
.28
10.75 2.76 13% 13% 8.50 29 122.00 60.00 64% 54% 8.50 7.30
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.90
-63
.84 12% ..10
.ga I. range. .geI.
Intermediates Acids: Anthranilic Benzoic. tech Cleve's Gamma
METALS Aluminium. No 1. ingots .Ib. 100 lbs Antimony. ordinary Bismuth lb Copper. electrolytic lb Lake Ib Lead. N Y 100 Ibs Nickel. electrolytic Ib Phtinum refined. soft .O Z. Quicksilver. Bask 76 Ibs ea Silver. foreign .o z. Tin .I b. .per unit Tungsten Wolframite Zinc. N Y 100 iba
Vol 16. No 3
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Feb 1
arudes (concludsd)
.20 ..06% 30
192%
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INDUSTRIAL AND ENGINEERING CHEMISTRY
330
.24 .45 -96
.70 1.00
1.05 -75 60 2.30 62 1.10 25 20 1.00 1.16 16% 24 1.00 76 1.50 82 70 3.80 4.60 17 55 39 19 19 48 55 1.40 10 1.00 26 35 76 78 72 10 75 10 55 96 1.45 25 55 1.40 2.25 60 62 30 95 31 14 85 90
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Feb 15
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.22
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.7096 . 1.00 1.50 ..7260
.96 .70 1.00 1.65 .75 .60 2.30 .62 1.10 .25 .20 1.00 1.18 .16% .24 1.00 .75 1.50 .82 -70 3.80 4.60 .17 .50 .39 .19 .19 .48 .55 1.40
2.30 62 1.15 25 20 1.00 1.16 16% 24 1.15 75 1.50 82 70 3.80 4.60 17 55 37 19 19 48 55 1.40 10 1.00 26 35 76 78 70 10 75 10 55 96 1.45 30 56 1.40 2.25 60 62 30 95 31 14 85 90 50
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.as .35 .76 .78' .74 .10 .75 .10 .55 .96 1.45 .25 .55 1.40 2.25 .60 .62 .30 .95 .31 .14 .85 88 .50
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1923 1924 DYE I N T E W D I A T E PRICES
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Average Price of Twenty Rep-
Courtesy of Drug 6 Chemical Markets
