Here's the text of a message I posted back in June regarding the subject of corrosive/mercuric primers.
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Sorry, but mercuric priming is an ENTIRELY different critter from corrosive priming.
Corrosive primers use a compound called potassium chlorate as part of the priming mixture.
When the primer detonates, the chemical reaction changes this compound to potassium chloride (PC). This is not a problem for your gun prior to shooting the round, only afterwards.
Like its sodium chloride (table salt) cousin, PC is hygroscopic, meaning that it draws water to itself out of the air. (Think of it in terms of black powder residue, same rusting potential.)
If the PC is not removed, it will cause rusting.
The only way to remove it is with water. PC is not soluble in oil. The old GI bore cleaner contained quite a bit of water, just for this purpose. As with a black powder gun you can use boiling water and dishwashing detergent. It doesn't really matter how you introduce the water, you just need to use quite a bit of it to make sure that you don't miss any. Even a tiny speck of PC can cause rusting problems.
Corrosive priming started to disappear from US ammo starting in the 1920s (Remington Staynless and, I think Western Klenshot), but stayed with the military through WW II and perhaps a little after in some calibers.
Commercially, corrosive priming was still used right up through the 1970s on some match ammo, including the old paper-box Eley Tenex .22 Match ammo. I know several match shooters from Camp Perry who still try to find enough of the old ammo to see them through the big matches every year.
Primers containing fulminate of mercury (which also contained PC) are problematic in another way -- on firing, the mercury is driven into the cartridge brass, which weakens it.
This wasn't really known until military powder was switched from black to smokeless, apparently the lower pressure of the BP rounds, along with the powder fouling, meant that the cases weren't badly affected. The US Army took cases fired in training and sent them back to be reloaded. When the Army switched to the smokeless powder .30-40 cartridge, they began getting a LOT of case failures on the second firing, which was eventually tracked down to the mercury in the primers.
After about 1895 mercury in primers in the military was pretty much a thing of the past, and commercial loaders in the US pretty much phased out mercuric priming before WW I. There were exceptions, though, with some match ammo made right up through the 1960s, mainly .30-06 and .300 H&H Magnum. These rounds were loaded specifically for match shooting, and the mercuric primer warning was printed on the boxes, along with a statement saying that the cases were not to be reloaded.
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Beware the man with the S&W .357 Mag.
Chances are he knows how to use it.