Showing posts with label 1904. Show all posts
Showing posts with label 1904. Show all posts

September 26, 2012

Colombia, 1904

In 1904, Colombia produced 95,513 ozt Fine Au and 9,625 ozt Pt; Platinum was just 10.08% of the Gold Yield. At an assumed value of ~£ 10,000, rather low


c.1904: 1 Troy Ounce platina = £ 1.00 
c.1904: 1 Troy Oz. Pt = £ 1.20









Citation: Report of the Director of the Mint Upon the Production of the Precious ...US Bureau of the Mint (1905) p.215









August 22, 2011

Russia, 1901


1901: 1 Troy Ounce platina (St. Petersburg Spot) = 27.42 руб (USD$ 14.12)

 

Platinum miners salary, 1901:

Citation: Archives des sciences physiques et naturelles, Vol. 15, 1903 p.


Working the placers in 1901, Alexandre Grine "Sur Terre et Sur Mer" (p.132-3) reported the same daily wage (руб 1.20) also that miners were paid руб 3.50 per Zolotnik for platina and руб 5./Zolotnik for Gold ore.  Anecdotally, he had heard of contraband prices руб 6.-7./Zolotnik (for Gold? so, ~руб 4.25 - 4.75 руб/Zolotnik for platina)  

1901: 1 Troy Oz. platina (Uralian Spot) = 25.52 руб (USD$ 13.14)
1901: 1 Troy Oz. Gold ore (Uralian Spot) = 36.46 руб (USD$ 18.78)

1901: 1 Troy Oz. platina (Contraband) ~ 30.50 - 35.75 руб (USD$ 15.77 - 18.40)
1901: 1 Troy Oz. Gold ore (Contraband) = 43.75 -51. руб (USD$ 22.53 - 26.29)


c.1901: 1 Troy Ounce platina (Ural Spot) = Fr 37.33 - 46.66 (USD$ 7.25 - 9.06) 
  Citation: Le Naturaliste: revue illustrée des sciences naturelles ; Émile Deyrolle, Paul Groult (1902) p.42


June 4, 2011

France, 1904



Suspect US prices

1904: 1 Troy Oz. Platinum = Fr 99.53 - 107.31

Citation: Revue de métallurgie, Vol. 4 (1907) p.347


1904: 1 Troy Ounce platina (Ore, 83%)= Fr 71.54 - 77.76 (USD$ 13.86 - 15.07)
1904: 1 Troy Oz. Pt (Ru Ore, .999) = Fr 86.19 - 93.69 (USD$ 16.70 - 18.16)
1904: 1 Troy Oz. Platinum = Fr 87.09 - 96.42 (USD$ 16.88 - 18.68)

Citation: Bulletin de statistique et de législation comparée, Vol. 28, # 2. Ministère de l'économie et des finances (1904) p.646

Citation: Angewandte Chemie: Vol. 21 - Page 2597



1904: 1 Troy Ounce Palladium  (Market) = Fr 155.50  (USD$ 30.37)

Citation: La Force motrice de demain: Les piles à gaz et les accumulateurs légers; A. Berthier (1905) p.12

 
1903/4: 1 Troy Oz. Platinum Chloride (PtCl2, Retail) = Fr 15.55  (USD$ 3.04)
 








July 27, 2010

USA, 1904: Catalogue w/o Prices (Bausch & Lomb)

Platinum crucible prices in 1905 were cited as the highest in recent years, @$25./oz. It's likely the price charged per ounce, here.

1902: 1 Troy Ounce Platinum (ingot, 85%, market) = USD$ 19.
1903: 1 Troy Ounce Platinum (ingot, 85%, market) = USD$ 19.

1905: 1 Troy Ounce Platinum (refined, manufactured, retail) = USD$ 24.90

Citation: Apparatus & supplies for chemical & biological laboratories: 1904. [Catalog F] By Bausch & Lomb Optical Company, p.318


1904:

1904: 1 Troy Ounce platina (US/Cdn ore) = USD$ 12. - 15.

1904: 1 Troy Ounce Platinum (semi-refined, whols) = USD$ 18.50









1904: 1 Troy Ounce platina (Russian ore, Spot) = USD$ 15.09

Citation: Bulletin of the Pan American Union, Vol. 45 (1917) p.618

July 12, 2010

USA, 1903: St. Louis Catalogue (Heil Co.)

The Heil Catalogue of 1903/4 identifies weight-volume ratios and 'manufacturing cost' for many refined Platinum products.

Unless wages were suddenly rising or technology improving, this estimation for the 'manufacturing cost' likely informs other proximate years.

"Supposing the list price to be $1.25 per gram" in 1903/4, the unmanufactured Platinum price is USD$ 38.88. (The prices of ordinary, unrefined ingot fell to $18.50 for all 1904. Ingot platina did not reach $38./oz. until 1906/7, briefly. Obviously, NY ingot price was neither "list" nor "market price" in catalogues.)

September, 1903: 1 Troy Ounce Platinum (ingot, 85%, market) = USD$ 19.
Sept. 1903/4: 1 Troy Ounce Platinum (semi-mfg, retail) = USD$ 34.21 - 38.88

1903/4: 1 Troy Ounce Silver (market) = USD$ 0.5288
1903/4: 1 Troy Ounce Silver (pure, retail) = USD$ 2.18

1903/4:


























The trade price of allegedly pure Platinum foil fell -13.8% in 1903.

1902: 1 Troy Ounce Platinum (semi-mfg, Trade) = USD$ 27.50

1903: 1 Troy Ounce platina (Russian ore, Spot) = USD$ 13.85
1903: 1 Troy Ounce Platinum (semi-mfg, Trade) ~ USD$ 23.71

Citation: Dental Forum: an independent journal devoted to the discussion ..., Vols. 1-2 (1903) p.47




Iridio-Platinum used by dentists, c.1906/7 





Citation: Mines register: successor to the Mines handbook and the Copper handbook... Ed. Horace Jared Stevens et al. (1904) p.609


1901-14: Spot Prices for Russian platina, in Russia

1903: 1 Troy Ounce platina (Russian ore, Spot) = USD$ 13.85

Citation: Bulletin of the Pan American Union, Vol. 45 (1917) p.618