Ok team, I have another one for the experts. While going through my dads collection I came across this 06 round. The case was cracked and the bullet came out with little effort so I dumped the powder and noticed this stuff in the back of the bullet. I couldn’t find any information online, albeit I only have access to this phone right now. Anyway, I found that NC is National Cable & Conduit Company in New York but I’ve found nothing else. Is this an early tracer? See pictures and thanks!!
V/r Henry Hubbard