Showing posts with label 1907. Show all posts
Showing posts with label 1907. Show all posts

February 26, 2014

Russia, 1907


1907: 1 Troy Ounce platina (Ural Mkt, 82% Ore) = 46.7898 руб (USD$ 23.)
1907: 1 Troy Oz. Pt (Ural Ore, @ .999) = 57.0607 руб (USD$ 28.05) 

1907: 1 Troy Oz. Platinum (NYC, Ingot) = 61.7342 руб (USD$ 30.3510)



1907 руб/Poud
(82%)
руб/Ozt.
(82%)
руб/Ozt.
(.999)
руб-$/Ozt.
(.999)
USD$/Ozt
(Ingot)
Jan 30,000.0 56.9644 69.4688 $34.15 $38.000
Feb 29,000.0 55.0656 67.1532 $33.02 $38.000
Mar 28,000.0 53.1668 64.8375 $31.88 $37.000
Apr 27,000.0 51.2680 62.5219 $30.74 $32.500
May 24,507.7 46.5355 56.7506 $27.90 $29.500
Jun 21,766.2 41.3299 50.4023 $24.78 $26.200
Jul 22,223.1 42.1975 51.4603 $25.30 $26.750
Aug 23,365.4 44.3665 54.1055 $26.30 $28.125
Sep 23,843.1 45.2736 55.2116 $27.14 $28.700
Oct 22,534.6 42.7890 52.1817 $25.65 $27.125
Nov 21,859.2 41.5065 50.6177 $24.89 $26.312
Dec 21,600.0 41.0144 50.0175 $24.59 $26.000






June? 1907: 1 Troy Oz. platina (Ural Mkt, 82% Ore) = 45.94 руб (USD$ 22.58)
June? 1907: 1 Troy Oz. Pt (Ural Ore, .999) = 56.02 руб (USD$ 27.54)
 
 

Russian miner wages:








June 14, 2013

Colombia, 1907

The official Colombian platina export was 290.6 Kgs; 58% went to the USA.

1907: 1 Troy Ounce Pt (Colombian ore, Spot, Est. 80%) = USD$ 18.80
1907: 1 Troy Oz. Pt (Colombian ore, intrinsic) = USD$ 23.50

Citation: The Jewelers' Circular, Vol. 81, Issue 2 p.89 (9/3/1920)





Platinum was estimated to be 9.84% of the Cartagena Gold export, there were perhaps ~907.4 Kgs (29,175 Ozt) Platinum exported from Colombia in 1907.


citation: Étude sur les mines d'or et d'argent de la Colombie. Vicente Restrepo (1908) p33



Until around 1907 nearly all Colombian platina was exported without duty.




February 15, 2013

UK, 1907

1907: 1 Troy Ounce Platinum (mkt, est.) ~ £ 5.

1907: 1 Troy Oz. platina (Russia, bulk ore cost) = £1.5375
1907: 1 Troy Oz. Platinum Refining Cost = £0.075

January 1907: 1 Troy Oz. platina (Russia, 82% ore) = £5.946
January 1907: 1 Troy Oz. platina (Ru, pure) = £7.326

January, 1907: 1 Troy Oz. Platinum (Mkt) = £ 7.50 (USD$ )
January, 1907: 1 Troy Oz. Platinum (Mkt) = £ 7. (USD$ )
February, 1907: 1 Troy Oz. Platinum (Mkt) = £ 6.975 (USD$ ) 
March, 1907: 1 Troy Oz. Platinum (Mkt) = £ 6.95 (USD$ )
April, 1907: 1 Troy Oz. Platinum (Mkt) = £ 6.93 (USD$ )
June, 1907: 1 Troy Oz. Platinum (Mkt) = £ 5. (USD$ )
August, 1907: 1 Troy Oz. Platinum (Mkt) = £ 5. (USD$ )

Citation: The Mineral Industry, Vol. 17, 1909 p.314

January 1907:





June, 1907:

July, 1907:


Aug 1907:


August 1907:





Citation: Saturday Review of Politics, Literature, Science and Art, Vol. 103 June 29, 1907 p.825



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

Belgium, 1907

1906: 1 Troy Ounce Platinum  = B.Fr 105.74  (USD$ 20.67)
1907: 1 Troy Ounce Platinum  = B.Fr 174.16  (USD$ 33.68)

Citation: Monographies industrielles: aperçu économique, technologique et ..., Vol. 3; Office du travail de Belgique (1908) p.58

August 12, 2010

USA, 1907: Platinum's 40 Year Rise (+800%)

October 1907: 1 Troy Ounce Platinum (NYC: Bulk Ingot, Whols.) = USD$ 27.125
October 1907: 1 Troy Oz. Platinum (NYC: Scrap, Bid) = USD$ 21.25
 
October 1907: 1 Troy Ounce Platinum (Semi-Mfg: Foil, Trade) = USD$ 62.40
October 1907: 1 Troy Oz. Platinum Chloride (PtCl2, Trade) = USD$ 25.60

October 1907:

 


1906-08:

 Citation: The Mineral Industry, Vol. 17 (1912) p.711
 
January, 1907: 1 Troy Ounce Platinum (mkt) = USD$ 38.

February, 1907: 1 Troy Oz. 'Hard' Platinum (mkt) = USD$ 41.

December, 1907: 1 Troy Oz. Platinum (mkt) = USD$ 26.50
December, 1907: 1 Troy Oz. 'Hard' Platinum (mkt) = USD$ 29.




 

Citation: The Engineering and Mining Journal Vol 89 No. 1 (1910) p.1025


 January, 1907: 
Citation: Camera Magazine, Vol. 11 No. 2, 1/1907, p.42

1906-7 Price Spike: 


Citation: Mining American, Vol. 56, 11/14/1907 p.449
 


Although the earlier date is unknown, a low USD$ retail price strongly implies the late 1860s
(See Here.) From 1867-1907, the retail price of Platinum rose +795%.

In the same 40 years, the market price of US Silver had fallen -50.89% and British Silver fell -50.15%. During this period, the Market Price for US Gold also fell -25.09% (the British Market Price was unchanged.)

Also, the US Consumer Price Index had fallen -36.50% (in the four worst & consecutive decades of US deflation) so Platinum proved a superior long term deflationary hedge.

1867:

c.1867/8?: 1 Troy Oz. Platinum (refined, manufactured, retail) = USD$ 6.56*
January 1907: 1 Troy Ounce Platinum (refined, mkt) = USD$ 42.50
January 1907: 1 Troy Ounce Platinum (scrap) = USD$ 32.50


1907/8: 1 Troy Ounce Platinum (semi-mfg, whols.) = USD$ 35.

Circa October 1907??


March 1907 journal reprint, likely January 1907 prices:

Citation: Wilson's Photographic Magazine, Vol. 44 (1907) p.137

July 9, 2010

France, 1905 - 1910: Various Citations

REFERENCE

Citation: Angewandte Chemie: Vol. 21 - Page 2597





1906: 1 Troy Ounce Platinum = Fr 105.75 - 217.73 (USD$ 20.68 - 42.57)
1907: 1 Troy Ounce Platinum = Fr 186.63 (USD$ 36.49)

Citation: Revue politique et littéraire: revue bleue (1907), p.853

Citation: Études, Volume 110 (1907), p.846


Citation: Actualites scientifiques (1907) Max de Nansouty p.161


1906, 1907


1906, 1907:




1908: 1 Troy Ounce Platinum = Fr 101.09 (USD$ 19.67)

Citation: Revue politique et littéraire: revue bleue (1908) P. xxx


1904, 1905, 1906, 1907:

May 31, 2010

UK/Russia, 1874 - 1907: Crude vs. Ingot Prices

After refining Iron, Copper and debris, the PGM purity of Russian platina would be ~3% Iridium in 'hard ingot.'
 

PGM Blagodat Niznhi-Tagilsk
Pt 92.7% 93.4%
Ir 1.0% 0.1%
Os 0.1% 0.0%
Ru 0.0% 0.0%
Pd 0.1% 1.5%
Rh 3.3% 5.0%
Iron 0.0% 0.0%
Cu 0.0% 0.0%
Au 0.0% 0.0%
Osmiridium 2.8% 0.1%

Citation: Minerals Yearbook 1913 p.451




The Canadian Mining Institute (USD$?):