758
THE JOURNAL OF INDUSTRIAL A N D ENGINEERING CHEMISTRY
MARKET REPORT-JULY,
Vol. 14,No. 8
1922
[SUPPLIED BY DRUG& CHEMICAL MARKETS] Market conditions for inorganic chemicals have shown little real change during the past month. Prices have remained a t approximately the same levels and business has shown a regular improvement in the basic commodities in spite of speculative movements in a few items. Consumers are gradually showing greater confidence and are even inclined to anticipate their needs in view of the low prices generally named and the belief, which is gaining ground, that advances will be in order when the fall business increase comes. In contrast to this situation is that of the organic manufacturers. Early July found business for them on the increase. Price cutters had been largely forced out of the market on leading items, and consumers were showing an inclination to buy on the improved condition of the textile industry in New England. However, the announcement of the Department of Justice’s action against the Chemical Foundation, and indirectly against the entire American dye industry, offset the basic soundness of the situation to a great extent and tended to destroy the returning confidence of consumers. When this was followed on the 15th by the refusal of the Senate to include the dye licensing provisions in the Tariff Bill, many consumers cancelled their orders or reduced them to a minimum in order to protect themselves should imported dyes become available in quantity in the near future. Manufacturers’ prices generally have shown little change. Acetate of lime was advanced by makers late in June, but the makers of acetic acid, whose price is based entirely on acetate, did not receive official notice of the advance until some time later. The present price of acetate is 2 cents per pound and that of 28 per cent acetic acid based on this figure 23/8cents in car lots of barrels a t makers’ works. Makers of barium chloride are offering freely a t $85 per ton in car lots f. 0 . h. their works. Copper sulfate has become increasingly scarce as the season advanced and makers have been unable to offer any considerable quantities for many weeks. Prices nominally quoted are around 7 cents per pound. Speculative interest has been attracted to arsenic and sal ammoniac, and many firms are taking on supplies now for delivery in the late fall. Yellow prussiates of soda and potash have declined during the month in the hands of speculative buyers
who were unwilling to carry stocks until such a time as the basic soundness of conditions on both items might provide satisfactory outlets. Imported barium chloride has been in much the same position with speculative holders very nervous as to the future. The slump in German marks early in July added to the uncertainty of the speculator’s position and forced many holders of imported stocks to part with. them on unfavorable terms. Stocks of cheap denatured alcohol which have done much in recent months to hamper legitimate trade have been virtually wiped out and prices are correspondingly firmer a t 31 cents per gallon. Acetone was advanced by makers to 10 cents per pound along with acetate of lime. Camphor has become firmer and is quoted higher. Manufacturers reduced chloroform sharply late in June. The sale of a large lot of imported hydroquinol, which had been held by the importer for more than a year, to a manufacturer, started a competitive price war and forced prices down to 80 cents on a weak basis. During the month several inquiries came into the market from Japan for glycerol in lots amounting to several thousand tons. However, the better prices offered by English makers finally took the business there. Cottonseed oil slumped badly on the decline in German exchange early in July. Large orders had been booked by American dealers for export to Germany and stocks here had been reduced to a comfortable minimum when it became necessary for the German buyers to cancel their obligations. This threw a large lot of oil into the market here without immediate outlet and forced prices down precipitately on the New York Produce Exchange in a session of heavy selling. Paint oils have passed their active season and are extremely dull a t present. Linseed oil is held up by the firmness of flaxseed and the bullish reports from the present crop, but, lacking such a prop, China wood oil has weakened considerably here although holding fairly well in primary markets. Animal oils have tended to advance and are much firmer in makers’ hands. Fish oils are moving well and reports from fishing centers indicate a good catch for the present season in spite of the low yields per thousand fish noted by the crushers of menhaden.
Simple Average of Twenty Rep-
r e s e n t a t i v e Xeavy Chemic a13
.
Courtesy of Drug & Chemical Markets
1
T H E JOURNAL OF I N D U S T R I A L A N D ENGINEERING CHEMISTRY
Bug., 1922
753
FIRST-HAND PRICES FOR GOODS IN ORIGINAX, PACKAGES PREVAILING IN THE NEWr YORK MARKET INORGANIC CHEMICALS July 15
...... . . . . . ... ....
.
Acid. Boric. cryst bbls . Ib. Hydrochloric. comm'l 2Oo1b Hydrofluoric. 30% bbls .Ib. Hydriodic. sp gr 1.150 1b. Nitric. 42".cbys . c/l wks.lb. Phosphoric. 50% tech .I b. Sulfuric. C P .Ib. 66O tks wks .ton Oleum 20% .ton Alum. Ammonia. lump .Ib. Potash. lump ........... .I b. Chrome .Ib. Soda. ground Ib Aluminium Sulfate (iron-free) .Ib. Ammonium Carbonate. pwd .I b. Ib Chloride. white gran Ammonia. anhydrous Ib Ammonia Water. drums. 26O ..l b. Arsenic. white .I b. Barium Chloride .ton Nitrate .I b. Barytes. white., .ton Bleaching Powd., 35%. works 100lbs Borax. cryst., bbls . I b. Bromine. pure. wks .Ib. Calcium Chloride. fused. f.0.b. N Y ton Chlorine. liquid Ib Copper Sulfate 100 Ibs Iodine. resublimed Ib Lead Acetate. white crystals lb Nitrate lb Red .Ib. White (Carb.). .Ib. Lime Acetate 100 lbs Magnesium Carbonate. tech lb . Magnesite. calcined .ton .Ib. Phosphorus. yellow Red 1b. Plaster of Paris bbl Potassium Bichromate Ib Bromide. imported .Ib. Carbonate. calc., 8045% .Ib. .I b. Chlorate. cryst Hydroxide. 88-92% Ib Iodide. bulk .Ib. Nitrate Ib Permanganate. U S P .Ib. Prussiate. red .Ib. Yellow .Ib. .ton Salt Cake. bulk Silver Nitrate . oz. Soda Ash. 58%. bags 100 lbs Caustic. 76% N Y 100 lbs
. ........... . ....... ........ ....... ............ ............ .
.. ...... . ........ . . ..............
........... ................ ........... ................... . ........... ..........
.
. ................... .............. . .......... . ........... . ... . ................. . ................... .......... ........... . ... ......... .......... ....................
............. . ........ . ...... .......... ...... . ............
................. . . . ... ........... ............. ............ .............. . ........ ..
. 11% .-01% . 0_ .7 2.25 .06 .08 .07
16.00 19.00 03% *.03 06% 03%
. . . .02% .07 .07% .30 .07% .07%
*95.00 *.06
33.50 1.60 05% 23
. 11% ..01% 07
2.25 .06 08 .07 16.00 19.00 03% *.03 06% 03% 02% 07
.
. . . . . .07% .30 .07% .07% *90.00 *.06 33.50
. .
1.60
24.50 06 6.50 4.20
24.50 06 7.GO 4.20 10% 15 08 07% 2.00
.
. 10% .15 08 .07% 2.00 .06 *
55.00 *.2i *.26 4.25 09% *.l5
.
*;04% *.06%
*.OB% 3.30
.08 * . 14
.05% .23 .
.. . . .O i
55.00 *.25 *.26 4.25 09% *.15 *.04% *.06% *.05>5 3.30 07
. .
* .14
*.go *.31% 21.00 48
*.go *.3036 21.00 48
3.75
3.75
. *I .80
. *I .80
*Resale or Imported (not an American makers' price)
Jan . 1922
.12% ..01% 07
2.00 .06
.10 .07
16.00 19..00 03% *.03% 07 03% 02% 08 07% 30 07% 06% *53.00 *.07 28.00
. . . . . . . . .
2.25 05% 23
. .
28.75 . 06 5.55 3.80 11 . 15
.
.08 .07% 1 7.5 ....
.
06 55.00 *.27 *.30 4.25 10% *.I3 *.04% 05% *.06 2.90
.
*.
.08 * . 15 * .29
*.24% 17.00 4445 *1.85 3.80
.
............. ......... . .............. . .......... ................ . ........ . ........... ..... . ........ . ................. ......... . ........... ...... ............ . ........... . ...... ...... . .................. . . ........
Sodium Acetate . I b. Bicarbonate 100 lbs Bichromate lb Bisulfite. powd .I b. Chlorate lb Cyanide. 96-98% lb Fluoride. tech .Ib. 100 lbs Hyposulfite. bbls Nitrate. 95% 100 lbs Nitrite .I b. lb Prussiate. yellow Phosphate (di-sod.),tech. .I b. Silicate, 40'. .Ib. Sulfide, 60% fused .I b. Strontium Nitrate lb Sulfur, flowers 100 Ibs Crude, mines .long ton Tin Bichloride, 50% sol'n Ib Oxide .I b. Zinc Chloride, U S P .Ib. Oxide. bbls .Ib.
.
.............
July 1
July 16
.05
.05 2.00 .07% ..04% 06% .23 .09%
2.00 07% 04% 06% 24 09% 3.25 2.55 09% 22 04
. .. . .
. . . .01 .04
*.OS
3.00 14.00 10% .35 .35 08
.
.
3.25 2.55 09% 21% 04 01 04 08 3.00 14.00
. . . . . *.
. 10% .38 .35 .08
.
Jan 1923
.04 2.00
.07% .04K .07% .28
.OS% 3.50 2.32% 06% .16% 04%
. . .01%
.05 *.10 2.75 16.00 .09% .37 .35 .08
ORGANIC CHEMICALS
.
. . ......
Acetanilide. U S P bbls .I b. Acid. Acetic. 28 p c 100 Ibs Glacial Ib Benzoic. U S P . I b. Carbolic. cryst., U S P., drs .I b. 50-t o 110.lb tins .I b. Citric. crystals, kegs lb Oxalic. cryst., bbls., wks ..l b. Pyrogallic. resublimed .I b. .I b. Salicylic. U S P Tannic. U S P., bbls ... . I b. Tartaric. cryst U S P .I b. . Acetone, drums .Ib. Alcohol. denatured. complete.ga1. Ethyl. 190 proof. bbls .ga1. Amyl Acetate .ga1. Camphor. Jap. refined. cases lb Carbon Bisulfide. c/l lb Tetrachloride Ib Chloroform. U S P., drums .Ib. Creosote. U S P .Ib. Cresol. U S P Ib Dextrin. corn 100 lbs Imported Potato .Ib. Ether. U S P., 100 lbs . I b. Ib Formaldehyde. bbls Glycerol. dynamite. drums lb Methanol. pure. bbls .ga 1. Methylene Blue. med .Ib. Petrolatum. light amber ......I b. ga1. Pyridine Starch. corn. pow'd 100 Ibs Potato. Jap .Ib. Sago lb .
. ....... . .............. . . . ....... . . .............. . ...... ... . . ... . . ........ . . . .. . . .. ............. ...
.............. ... .......... ............ .. .. . ............ . .. ........... ............... ........ . . ....... ........... .... ........ ....... ................... ...... ............. ....................
.
.. .
. .
.
.
*.29
2.37%
.08 .55 . 14 .21
*.44% 14% 1.60 26 70 *.25% 10 .31 4.65 1.90 78 06
. . . .
..
. 10 . 25 .40
. 14 2.99 09 14
. . .08 .12% .72
3.00 04% 1.75 2.32 07 03%
*.29 2.37%
.08 .55 . 14 . 21 *.44% .1 4 4 5
1.60 .26 70 *.28%
. . 10 .31
4.65 1.90 80 06
. . .10 25 ...40 14 2.99 .09 .14 .08 .12% .72
*. 29 2.37% . 10
.60
. 12 . 18
*.43 14 1.75 .24 .75 *.25 . 12 .45 4.75 2.00 .90
.
.06%
.10% .43 .40 . 14 2.70 .06% .. .14
. 10%
.14% .75 4.00
.
3.00 04% 1.75
1.75
. .
2.32 07 03%
2.18
.
. .
.05%
.06% .04
Courtssy of Drug 6 Chemical Markets
Vol . 14. No . 8
T H E JOURNAL OF I N D U S T R I A L A N D ENGINEERING CHEMISTRY
760
o m . WAXES. Beeswax. pure. white ........ . Ib. Castor Oil. No. 3 ............. .I b. Ceresin. yellow ..............Ib. Corn Oil. crude . tanks. mills .. .Ib. Cottonseed Oil. crude. f . o. b . mill. ...................Ib . Linseed Oil. raw. c/l .........gal Menhaden Oil. crude. mills .. .pa1. Neat’s-foot Oil. 20’. .........lb Paraffin. 128-130 m .p., ref .... .Ib.
....
Rosin. “F” grade. 280 lbs bbl Rosin Oil. first run .ga 1. Shellac. T N lb . Sperm Oil. bleached winter. 38O .ga1. Stearic Acid. double pressed lb Tallow Oil. acidless .I b. Turpentine. spirits of .ga1.
.........
. ................
...................
... . .......... .......
ETC
.
July 1
July 15
Jan . 1922
..4011
.40 . 11 .08 .09% .07
.33
. 08 .09% .09% .86 .38 . 20 .03% 6.20 .36 .78
. .
.................. gal .
Acids: Anthranilic .............. lb. Benzoic. tech ............Ib. Cleve’s ................. lb Gamma lb H ..................... .I b. Metanilic lb . Monosulfonic F ......... .Ib. lb . Naphthionic. crude Nevile & Winther’s ...... .Ib. Picric lb . Sulfanilic lb . Tobias’. lb . Aminoazobenzene lb . Aniline Oil lb . Aniline Salt .Ib. Anthraquinone (sublimed) .I b. Benzaldehyde. tech lb . U.S.P lb Benzidine Base .Ib. Benzidine Sulfate .Ib. Diaminophenol .Ib. Dianisidine lb $-Dichlorobenzene lb . Diethylaniline lb . Dimethylaniline lb Dinitrobenzene lb . Dinitrotoluene lb . Diphenylamine lb . G Salt ..l b. Hydroquinol lb Monochlorobenzene lb Monoethylaniline lb . &Naphthol. dist .Ib. a-Naphthylamine lb &Naphthylamine lb . m-Nitroaniline lb 9-Nitroapiline lb . Nitrobenzene (Oil Mirbane) .. . Ib. lb p-Nitrophenol o-Nitrotoluene lb $-Nitrotoluene lb m-Phenylenediamine lb $-Phenylenediamine ..........Ib Phthalic Anhydride lb . R Salt .Ib. Resorcinol tech lb . .Ib. U.S. P .I b. Schaeffer’s Salt .Ib. Sodium Naphthionate Thiocarbanilide Ib .I b. Tolidine (base) .Ib. Toluidine, mixed o-Toluidine lb $-Toluidine .Ib. m-Toluylenediamine lb Xylidine lb
..
................. ............... ....... ................... ................ ................ ............ .................. ................ ... ........... .................. . ............. ............ ............. .................. . ........... ............... .............. . .............. ............... .............. .................... ................. . .......... . ............ ............. ............ . ............ ............... . ............... ............... . ............... . ............... . ......... . . .......... ..................... . ..............
1.70 09% 10 82%
. . .
. .
1.18
METALS
. ...................
Aluminium. No 1. ingots . . . . .lb . Antimony. ordinary ...... 100 lbs . Bismuth . Ib. Copper, electrolytic Ib Lake .I b. Lead, N Y 100 lbs Nickel, electrolytic. lb Platinum. refined. soft ........ oz. Quicksilver, flask 75 lbs ea Silver, foreign., .oz. Tin .Ib. Tungsten Wolframite .. .per unit Zinc, N Y 100 lbs
.......... .
.................. .
. .............. .......... ...... . ............ ........................ . ..............
. . .
.
17% 5.25 2.10
. 13%
.
13% 5.75 39 85.00 55.00
.
.71% .31
.
.
17 4.55 1.80 13% 13% 4.70 45 78.00 52.00 65% 32% 2.00 5.20
17% 5.00 2.10 13% 18% 5.70 39 87.00
. . .
. . .
55.00 71%
. .
. .31 %
2.00 5.85
2.00
5.65
FERTILIZER MATERIALS
.
Ammonium Sulfate. expt ..100 lbs Blood. dried. f o b N Y,.? .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 Pebbl;. 68% .... .ton Tennessee. 78-80% .ton Potassium Muriate. 80% .unit Tankage. high-grade. f o b .unit Chicago
. . . .
.. .................. .....
..... ... . . . ..............
3.50 3.66 28.00 2.25 3.50 & 10
.
2.25 3.50 & 10
.
.
2.25 3.25 & 10
.
5.00 8.00 *.75
3.00 6.00 60
3.00 6.00 .60 3.65 & 10
2.60 3.50 30.00
3.50 3.65 28.00
.
.
.
3.65 & 10 3.00 & 10
................. ............ ....... .............. . ............. ............ .................. . ................. .......... . .................... .
COAL-TAR CHEMICALS Crudes Anthracene. 8045% Benzene, pure, tanks Npphthalene. flake Phenol. drums
.........I b. ........ga1.. ........... lb ...............lb .
.75 .30
..06% 14
..75 30
-06%
. 14
SirnFle Average of ‘Twenty
R e p r e l e n t a t i v e Intermediates
July 15
. 30 .45
.30 .45
1.10 50 1.50 1.80 . 75 1.00 2.30 60
1.10 50 1.50 1.80 .75 1.00 2.30 60 1.20 .20 .22 1.50 1.15 .14 .20 1.35 65 1.40 85 .70 5.50 4.50 .17 .60 32 20 20 $58 65 80 10 1.00 23 30
Jan . 1922
.30 .45
Intermediates
5.30 36 66
1.59 09% 10
..
Toluene. pure. tanks Xylene. 2 deg dist tanks
.35 . 16% .05
03% 6.05 36 .78
Ju!y 1 (concluded)
. ........ . range..ga 1.
10% ..07% 06% ..69 07 *
.89 . 38 ... .20
1.59 09% 10 1.30
Crudes
.75 .. 29 07% . 11
.1 . 1
.
1.10 .50 1.50 2.25
.
. .20
1.00
1.60 2.30 65
.
1 20
. 22 ,1.50 1.15 . 14 . 20 1.35 65 1.40 .85 70 5.50 4.50 . 17 .60 . 32 20 .20 58 .65 90 10 1.00 23 30 95 . 72 .75 10 .75 12 60 1.00 1.50 35 . 55 1.30 1.75 * 60 60 35 1.15 30 16 1.00 95 42
.
1.30
.25 .26 2.00 1.15 .17 .25 1.50 .45 1.25 .90 .70 5.50 4.75 .15 .90 .40 21 .25 .58 .70 1.35 .10 1.00 .30 .30
. .
. .
. . . . . . . . .95 .72 .75 .10 .75 . 12 .60
. . . . . . .
. . .
.
1.05
.85 .77 *
.
10 .75 .15 .70 1.10 1.60 .38 .60 1.50 2.00 70 70 40 1.20 30 20 1.10 1.10 40
1.00 1.50 35 50 1.30 1.75 60 60 35 1.15 30 16 1.00 95 42
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. . . . . .
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1
1
I
1
I
I
I
1
1
I I I
I
I
I
I
I
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Courtesy of Drug 6.Chemical Markets
