Showing posts with label 1887. Show all posts
Showing posts with label 1887. Show all posts

April 22, 2014

France, 1887


1886: 1 Troy Oz. Platinum (Mkt) = Fr. 40.43


October, 1886: 1 Ozt. platina (SPb: Ore, Mkt) = Fr. 21.10 (8.924 руб)   
October, 1886: 1 Ozt. Pt (SPb: 82% Ore, .999) = Fr. 25.74 (10.884 руб) 

1887: 1 Troy Ounce platina (Ekat.: Cost ~74.8%) = Fr. 8.80 (USD$ 1.675)
1887: 1 Ozt. platina (Ekat.: Spot ~74.8%) = Fr. 20.09 (USD$ 3.824)

1887: 1 Ozt. Pt (Ekat.: Spot, .999 Pt) = Fr. 26.86 (USD$ 5.11)
1887: 1 Ozt. Platinum (SPb: Mkt) ~ Fr. 31.31 - 34.12 (14.25 руб; USD$ 8.29)

1887: 1 Ozt. Platinum (NY: Import, Semi-Mfg.) = Fr. 40.90 (USD$ 7.7840)
1887: 1 Ozt. Platinum (NYC: Import, Semi-Mfg./Wire) = Fr. 40.99 (USD$ 7.80)
1887: 1 Ozt. Platinum (London: Semi-Mfg, Trade) = Fr. 43.75 (~ £ 1.75)  


In 1860/1, a 21 gr Platinum capsule cost Fr. 30.60 (Fr. 35.32/Ozt.) In June 1887 (perhaps 1882!) a 21 gr Platinum capsule cost Fr. 59.25/Ozt.  Assuming the labor Fr. 8.50 (+Fr 1. or nearly 16.50% over the 1860 Labor Cost), Platinum should have been Fr. 1.50/g.

1887?: 1 Ozt. Platinum (Semi-Mfg, Retail)  = Fr  46.66 (USD$ 8.88)
1887?: 1 Ozt. Platinum (Mfg, Retail)  ~ Fr 56.15 (USD$ 10.69) 

1887: 1 Ozt. Platinum (USA: Mfg., NYC Trade) ~ Fr. 50.45 - 60. (USD$ 9.60 - 12.00)

Citation: Notice sur les instruments de précision construits par J. Salleron, Vol. 2, J. Salleron 1861, pp.143-4








October 1887: Prototypes - Additional Expense, Fr 16,341

Prototypes (meters and kilograms) are drawn Iridio-Platinum. The metal is provided by the firm Johnson, Matthey and Co. of London, which alone, it seems, can provide the necessary amount of Platinum. The instruments are completed by the French Section, which delivers them to the international office, located at the Pavilion de Breteuil. After the necessary tests, the office receives them permanently, from any location.  To date, foreign states have requested 40 kilogram weights and 30 rulers. The 40 kgs are nearly complete. The 30 rulers were delivered to the French section, which continues completion. It is estimated that required prototypes shall be distributed in 1888; so it is at this time that the price will be refunded to the French Government, which governs all expenses.  The appropriation is justified and your commission proposes adoption.



Scrap was accepted at Fr 900./Kg. The Kilogramme Standard cost Frcs. 2,150. each; the Metre Standard weighed 3.50 Kgs and cost Fr. 9,500./ea. but sold for Frcs. 9,600.

1873: 1 Troy Oz. Platinum (Scrap, Credit) = Fr. 27.99
1873-87: 1 Ozt. Platinum (Cost: Mfg, Bulk) = Fr. 66.87
1873-87: 1 Ozt. Platinum (Cost: Mfg, Bulk) = Fr. 84.42
1873-87: 1 Ozt. Platinum (Price: Mfg, Bulk) = Fr. 85.31
1887: 1 Ozt. Platinum (Total Cost, Bulk Mfg) = Fr. 81.73


This work, begun in 1873, did not cease to be continued since but was found delayed by various incidents independent of the willingness of members of the French Section.  Types prepared after laborious operations were not judged acceptable to the Internalional Commission, the work had to be entirely redone; however, it is nearing its end, and the firm of Mathey and Co., with which the Ministry has dealt for making rules and directions to be making masses of meters and kilograms, standards, will shortly have delivered the work in its entirety; additional operations are performed and we can foresee the very next time standards will be presented at the International Bureau of Weights and Measures installed Pavilion Breteuil and responsible for making the final comparisons before final acceptance.

Expenses must be reimbursed by the States to which standards are remitted; but it is the Government of the Republic shall make advance. Already, extraordinary appropriations were for this purpose, at various times, the Ministry of Trade; it is necessary that his administration soon be able to pay the new accounts that will be provided by different suppliers, and it is essential to ask for a date, for this purpose, the budget for the 1887 financial year the opening an extraordinary credit 1. Messrs. Mathey and Co have a supply 30 meters in Iridio-Platinum, each weighing on average 3.500 kgs; metal prices have been fixed by them at past market price, at Fr. 2,000/kg., the expenditure on this account amounted to Frcs. 210,000.

In addition, it is due to them for the manufacture, rightly, Frcs. 2,500 each ruler = Frcs. 75,000 
They also delivered 40 kilograms worth at Frcs. 2,000, each = Frcs. 80,000 
The manufacture is set at Frcs. 150 per kilogram, or = Frcs. 6,000 
Finally, it is appropriate to take account of their waste, which can be evaluated = Frcs. 4,000. 
To ensure uniform composition of the alloy, samples were provided on various occasions, analyzed in Paris, by Mr. Debray of the Institute, and in Brussels by Mr. Stas; it must be allocated for the metal and used a fixed sum of = Frcs. 6,000





Suspect translation from the German, with forex errors?


1887: 1 Troy Oz. Platinum (Cost: Mfg, Bulk) = Fr. 40.43



Hasenclever's Table, Rhineland price?

Citation: Die Chemische Industrie, 1892 Vol. 15 (1892) p.70




1888: 1 Troy Oz Platinum (Bav.: Alloy; Bulk) = Fr. 40.3438 (ℳ 32.845)




March 25, 2014

Germany, 1887

1887: 1 Kilogram Russian Ore ~74.8% = ℳ 552.3 (304.85 руб Kr) ~ USD$ 131.63  
1887: 1 Kg. Russian Pt .999 = ℳ 738.4 ~ USD$ 176.

1887: 1 Troy Ounce Russian platina (Export) = ℳ 17.18 (USD$ 4.094 )
1887: 1 Troy Oz. Russian Pt (Export, .999) = ℳ 22.97 (USD$ 5.474) 

1887: 1 Troy Ounce Platinum (Semi-mfg, Whols.) = ℳ 31.29 (USD$ 7.458)
1887: 1 Troy Oz. Platinum (NYC: Semi-mfg, Imported) ~ ℳ 31.47 (USD$ 7.50)
1887: 1 Troy Oz. Platinum (NYC: Semi-mfg, Mkt) ~ ℳ 32.73 (USD$ 7.80)

1887: 1 Troy Oz. Pt (London: .999, Ret?) ~ ℳ 35.67 - 40.76 (£ 1.75 - £ 2.)
1887: 1 Troy Oz. Platinum (UK: Mfg, Ret) ~ ℳ 39.54 (£ 1.94)

Citation: Die Metalle: Geschichte, Vorkommen und Gewinnung, nebst ausführlicher ...Bernhard Neumann p.363


November 14, 2013

Canada, 1887

 

1887: 1 Troy Ounce platina (B.C., Canada: 70% Ore, Spot) = CAD$ 3.50
1887: 1 Troy Oz. Pt (B.C.: Ore, Spot @.999 ) = CAD$ 5.
1887: 1 Troy Oz. platina (Canada: Export Price) = CAD$ 4.
1887: 1 Troy Oz. Pt (Canada: Export Ore, .999 ) = CAD$ 5.71


1887, 1888:

1887: 1 Troy Ounce platina (Canada: Export Price, est.) = C$ 4.0
1888: 1 Troy Ounce platina (Canada: Export Price, est.) = C$ 4.0

Citation: Canada Yearbook, p.296







Reprinted as late as 1895/8:


December 1888:
Citation: Annual Report of the Minister of Mines for the Year Ending ...British Columbia. Minister of Mines' Office (1889)
















June 22, 2012

Russia, 1887

1887: 1 Troy Ounce platina (Ural Cost ~74.8%) = 3.70 - 4.03 руб Kr (Fr. 8.86)
1887: 1 Troy Oz platina (Ural Spot ~74.8%) = 8.39 - 9.14 руб Kr (Fr. 20.09) 

In 1887, the yield was almost 4,000 kilograms of platinum; the cost was Fr. 283./kg and the sale price was Fr. 646./kg.

Citation: Traité des gîtes minéraux et métallifères: recherche, étude... Vol. 2;  Edmond Fuchs, Louis Launay (1893) p.999





1887: Where the Poud was 526.64 English Troy Ounces, the total export (exceeding official annual production) of 229 Poud = 120,600 Ozt.  At the official export rate/1887 exchange

1887: 1 Kilogram Ore ~74.8% = 304.85 руб Kr (£ 27.06, ℳ 552.3)
1887: 1 Kg. Pt .999 = 407.55 руб Kr (£ 36.17, 738.4)
 
1887: 1 Troy Oz. platina (SPb: Export) = 9.482 руб Kr 
.... (£ 0.8415, USD$ , 17.18)

1887: 1 Troy Oz. Pt (SPb: Export) = 12.676 руб Kr (USD$ )
.... (£ 1.125, USD$ , 22.97)

1887: Pt Export = 310 Poud = 12,400 Funt = 163,260 Ozt.= 5,077.95 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




1887: 1 Troy Ounce Platinum (Russia, SPb Mkt) = 14.25 руб
Where the 1890-4 contract price was 8,000 руб Kr. per Poud at intrinsic value of platina (80%) the actual Spot 80% ore was 6,400 руб Kr. per Poud.

1890: 1 Troy Ounce platina (Ural Spot, 80%) = 8.7497 руб Ag
1890: 1 Troy Ounce Pt (Ural Spot, 100%) = 10.9372 руб Ag
1891: 1 Troy Ounce platina (Ural Spot, 80%) = 8.0206 руб Ag
1891: 1 Troy Ounce Pt (Ural Spot, 100%) = 10.0257 руб Ag
1892: 1 Troy Ounce platina (Ural Spot, 80%) = 7.6560 руб Ag
1892: 1 Troy Ounce Pt (Ural Spot, 100%) = 9.57 руб Ag
1893: 1 Troy Ounce platina (Ural Spot, 80%) = 7.8991 руб Ag
1893: 1 Troy Ounce Pt (Ural Spot, 100%) = 9.8738 руб Ag
1894: 1 Troy Ounce platina (Ural Spot, 80%) = 8.1421 руб Ag
1894: 1 Troy Ounce Pt (Ural Spot, 100%) = 10.1776 руб Ag

From Berlin in 1890:

 


The discrepancy may be explained by intrinsic value.

1887: 1 Troy Ounce platina (Ekat, Cost) ~ Fr 8.86 (USD$ 1.70)

1887: 1 Troy Ounce platina (Ekat, Sale) ~ Fr 20.06 (USD$ 3.86)

1887: 1 Troy Ounce Platinum (Russia, SPb Mkt) = 14.25 руб (USD$ 8.29)


1887:

 
Apparently, Fine Pt (at a rate between Fr. 31.32 - 34.12)




 


1887: Where the Pood was 526.64 English Troy Ounces, 310 Poud = 163,258.4 Ozt.
1888: Where the Pood was 526.64 English Troy Ounces, 229 Poud = 120,600 Ozt.

1887: 1 Troy Oz. platina (SPb: contract, export) = 9.482 руб Kr (USD$ 5.30)
1888: 1 Troy Oz. platina (SPb: contract, export) = 9.917 руб Kr (USD$ 5.395)

"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

June 18, 2012

USA, 1884- : University of California accounts

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.