1888:
A single boiler weighs 22 Kgs, plus accessories: 8 Kgs (= 30 Kgs) which costs Fr. 30,000 will daily produce 5,000 kg of 93-94 °acid
Ein einzelner Kessel wiegt 22 kg, das Zubehör 8 , kostet 30000 frs. und liefert täglich 5000 kg Säure von 93 bis 94°
October 1890:
For the last year the price of platinum has gradually risen; at the end of 1889 the price of rolled ingot metal did not exceed Fr. 1000 to 1100 per kilogram; today the price reached Fr. 2,750 and tends to rise still. Not two years ago Platinum could be sold Fr. 900./kilo.; its price, therefore, would have more than tripled since then.
1888: 1 Troy Ounce Platinum (Scrap?) = Fr 27.99 (USD$5.40)
Citation: La Lumiére électrique, Vol.38, No.45 (1890) , p. 295
1888: 1 Ozt. Platinum (Ingot) = Fr 37.64 (USD$ 7.25)
1888: 1 Ozt. Platinum (Mfg) = Fr 42. (USD$ 8.09)
Suspect German source, forex inaccuracies?
Japan:
Japan recorded a total purchase of 77 Ozt from France for
1887/8: 1 Ozt. Platinum (Ingot) = ¥ 7.37 (Fr 28.03)
Presumably at the Poud Rate (1 Poud platina = 3,375 руб; 1 Poud Pt @ 4,511 руб) where 1 Kg Ural Ore ~74.8% cost 206 руб Kr. at the source, Fine Pt cost ~ 275.42 руб Kr.
1888: 1 Troy Ounce Platinum (Ural Spot, ~74.8%) = 6.408 руб Kr (ℳ 12.130)
1888: 1 Troy Oz. Platinum (Ural Ore, .999) = 8.566 руб Kr
Citation: Revue mensuelle suisse d'odontologie, Vol. 15/15 (1905) p.83
1888: Where the Pood was 526.64 English Troy Ounces, the total export (exceeding official annual production) of 229 Poud = 120,600 Ozt.
1888: 1 Kilogram Ore ~74.8% = 318.84 руб Kr (£ 29.80, Fr 295.5, ℳ 603.6)
1888: 1 Kg. Pt .999 = 426.25 руб Kr (£ 39.84, Fr 528.2, ℳ 806.9)
1888: 1 Troy Oz. platina (SPb: Export) = 9.917 руб Kr (USD$ 5.40)
.... (£ 0.9268, Fr 9.19, ℳ 18.77, USD$ )
1888: 1 Troy Oz. Pt (SPb: Export) = 13.258 руб Kr
.... (£ 1.124, Fr 16.43, ℳ 25.1, USD$ 7.21)
1888: Pt Export = 229 Poud = 9,160 Funt = 120,601.6 Ozt.= 3,751.13 Kgs.
.... Pt (.999) Yld = 171.3 Poud = 6,851.7 Funt = 90,210 Ozt.= 2,805.8 Kgs.
"Report for the Year 1888, Trade of the District Taganrog"
Citation: Diplomatic and Consular Reports. Annual Series, Issues 491-570 ; Foreign Office (1889) p.15
1888: 1 Troy Ounce Platinum (SPb mkt) = 10.4435 руб Kr.
1888: Pt Yield = 165.881 Poud = 6,635.25 Funt = 87,360.5 Ozt.= 2,717.2 Kgs.
.... Pt (.999) Yld = 124.079 Poud = 4,963.2 Funt = 65,345.6 Ozt.= 2,032.5 Kgs.
Best data:
Data: Russian platina was 74.80% pure.
Citation: Archives des sciences physiques et naturelles, Vol. 15 1903
1888: Au Yield = 2,349 Poud =93,950 Funt = 1,237,000 Ozt.= 38,480 Kgs.
Intrinsic metal, erroneously calculated in 1897 Gold-Roubles?
Where 1 Kilogram Russian Ore ~74.8% cost ℳ 390. at the source, Fine Pt cost ~ℳ 521.39
1888: 1 Troy Ounce Platinum (Ural Spot, ~74.8%) = ℳ 12.130
1888: 1 Troy Oz. Platinum (Ural Ore, .999) = ℳ 16.217
Citation: Revue mensuelle suisse d'odontologie, Vol. 15/15 (1905) p.83
1888: 1 Kilogram Ore ~74.8% = ℳ 603.6
1888: 1 Kg. Pt .999 =ℳ 807
1888: 1 Troy Oz. Platinum (German Mkt?: Ural, .999?) = ℳ 24.88
1888: 1 Troy Ounce Platinum (Semi-Mfg; Whols/Ret) ~ ℳ 33.49
1888: 1 Troy Ounce Platinum (semi-mfg; whols/ret) = ℳ 32.845 (USD$ 7.86)
Citation: Die Metalle: Geschichte, Vorkommen und Gewinnung, nebst ausführlicher ...Bernhard Neumann p.363
"Private Communication from the platinum melting of G. Siebert, Hanau" indicates actual Bavarian producer prices at Kilogram rates. Siebert had negotiated bulk platina purchases from Russia, by contract, at presumably low trade rates.
Citation: A History of Platinum and its Allied Metals; Donald McDonald, Leslie B. Hunt(1982) p.328
The Siebert Platinum Refinery
Another
establishment that s tarted as a service to the Hanau jewellery
industry began to undertake platinum refining in 1881. This development
was initiated by Wilhelm Siebert (1862-1927), the son of a cigar-box
manufacturer, Georg Siebert (1835-1909) who had begun to treat the local
goldsmith’s scrap in 1864. Wilhelm had become familiar with the methods
of assaying during a period spent with a company in Pforzheim, Dr.
Richter and Co., and on his return home he began to experiment in the
processing of platinum, first from the goldsmiths’ residues and then
from a share of the Russian coinage and other material that had been
acquired by Johnson Matthey.
The
new refinery was successful, and prospered further after 1884 when
Wilhelm Siebert visited Russia a n d secured the promise of deliveries
of platinum concentrates from the Urals on a long term basis. He
recorded later that :
“We set about the refining of native platinum
and the production of platinum in the highest possible purity and in
maximum quantity. This gave us a great deal of work and anxiety with
many set backs to be overcome” (26).
In
1889 Wilhelm’s younger brother Jean Siebert (1870-1925) joined the
business and succeeded in expanding the market for platinum products,
including of course lead-in wires for electric lamps, contacts for the
telegraph and telephone industry and ignition tubes both at home and
abroad. The fabrication of sulphuric acid boilers was also undertaken
and a paper describing an improved design of a cascade apparatus was
published in 1893 (27).
c. 1888: Misunderstood Russian valuation of Platinum
The Russian ruble coins were probably in 1858, and even before, once made from platinum, today this is no longer the case, however. In the former Russian 3-, 6- and 12 rubles per kilogram pieces of platinum was applied to 96.59 rubles or too little about 34.75% of the values of an equal weight of fine gold, According to Schneider v contained a Russian Platinmunze. 93.84 platinum, palladium 00:42, rhodium containing iridium 4.21, 1.26 iron, copper 0.45%.
1884: 1 Troy Oz Platinum (semi-mfg, whols.) = USD$ 7.80
1885: 1 Troy Oz Platinum (Scraps Sold, ret.) = USD$ 6.99
1886: 1 Troy Oz Platinum (CA: Mkt/Scrap) = USD$ 9.64
1887: 1 Troy Oz Platinum (CA: mfg, ret.) = USD$ 12.44
1888: 1 Troy Oz Platinum (CA: Sponge, ret.) = USD$ 9.88
1888: 1 Troy Oz Platinum (CA: mfg, ret.) = USD$ 13.37
Mid-1884: Platinum ?
July, 1885:
Jan. 1886:
July, 1885:
Dec. 1888:
~Aug. 1889: 126 Grams @ $50 =
c. Aug. 1888: 1 Troy Oz Platinum (CA: Semi-mfg, Ret.) = USD$ 9.55
c. Aug. 1888: 1 Troy Oz Platinum (CA: Mfg, Ret.) = USD$ 12.75
~Aug. 1889: 108 Grams @ $46.45 =
~ Aug. 1889: 1 Troy Oz Platinum (CA: Mfg, Ret.) = USD$ 13.3774
1888?? Mixed Order.
188?: 1 Troy Oz Platinum (CA: ?, Ret.) = USD$ 12.1304
Mid-1884: Forex indicated at 5.15 Francs per USD$ (plus shipping):
De Saga in Heidelberg - ultrafine wire
Late-1884: Forex indicated at $0.98 per 4 Marks (plus shipping): $1.94
July 1885:
Likely, compensation for a lost/damaged crucible (from the scientist) - market rate.
September, 1886:
February, 1887:
In German Marks
Appendix 3A
c.May 1888:
1888:
June 1888:
New York: Platinum Wire, 1883-1898
Citation: Journal of the Franklin Institute, Vol. 146 ; Franklin Institute (Philadelphia, Pa.: 1898) p.210.
