|Object Name||Clipping, Newspaper|
TITLE: December 5, 1921 - QUICKSILVER.-Sharp advances in exchange toward the end of last week resulted in spot sellers advancing asking prices to $47 per flask, although no sales were reported to confirm the position. The advance in exchange was not accompanied by any downward revision in foreign export quotations in lire or sterling. Consequently, the landed costs are higher in proportion to the increase in exchange.
Much is heard about concealed stocks on spot at the present time. Also about stocks known to exist but openly withdrawn from the market and held for higher prices than the spot. In this connection it may be said that imports at New York from January 1 to the end of November totaled 11,847 flasks, weighing approximately 895,399 pounds. This import for 11 months far exceeds previous yearly landings as far back as 1908. The nearest amount was reached in 1918 when 579,848 pounds were reported officially. The smallest yearly import from 1908 to 1921 was 667 pounds in 1910.
For eleven months in 1921, 895,399 pounds have been imported. According to country of origin they were: Italy 801,874 pounds; Mexico, 31,575 pounds; Rotterdam, 15,000 pounds; Antwerp, 7,500 pounds; London, 30,000 pounds; Japan, 9,450 pounds.
With the above facts in hand, the in-teresting question is consumption over the eleven months. That question absolutely unanswered.
|Pub Place||New Almaden Company Inc.|
|Cataloged by||Boudreault, Art|