Scientific American Supplement, No. 520, December 19, 1885Various
Science
Scientific American Supplement, No. 520, December 19, 1885
Various
Science -- Periodicals
The _Metallarbeiter_ remarks that metals have in most cases experienced a
reduction in value of late years, this depreciation being attributed in
some measure to the cheaper methods of obtaining metals as well as to the
discovery of new sources of mineral wealth.
The following comparative table shows the approximate prices of various
metals in December, 1874, and December, 1884:
Dec., 1874. Dec., 1884.
Per lb. Per lb.
£ s d. £ s. d.
Osmium 71 10 0 62 0 0
Iridium 70 0 0 45 0 0
Gold 62 15 0 63 0 0
Platinum 25 7 6 21 7 6
Thallium 23 17 6 4 15 0
Magnesium 10 5 0 1 15 0
Potassium 5 0 0 4 0 0
Silver 3 17 6 (in Hamburg) 3 7 6
Aluminum 1 16 0 1 16 0
Cobalt 1 14 0 1 2 0
Sodium 0 14 2 0 8 8
Nickel 0 11 0 0 3 1
Bismuth 0 8 1 0 8 1
Cadmium 0 7 1 0 4 0
Quicksilver 0 2 0 (in London) 0 1 9
Tin 0 1 1 (in Berlin) 0 0 9
Copper 0 0 10 (" " ) 0 0 7
Arsenic 0 0 8 0 0 4-1/2
Antimony 0 0 6-1/4 (" " ) 0 0 5
Lead 0 0 2-3/4 (" " ) 0 0 1-3/8
Zinc 0 0 2-1/2 (" " ) 0 0 1-3/4
Steel 0 0 1-3/8 ( in 0 0 0-3/4
Bar iron 0 0 1-1/8 Upper 0 0 0-5/8
Pig iron 0 0 0-7/16 Silesia ) 0 0 0-1/4
Gold now ranks highest in value of all metals, the competition of osmium
and iridium having been over come. It is only by reason of improved
methods of preparation that the latter have become cheaper, while their
use has at the same time increased. Iridium is mixed with platinum in
order to increase its strength and durability. The normal standards of
the metrical system are made of platinum-iridium on account of its known
immutabilty. In 1882, platinum stood 15 per cent. below its present
value; but its increased employment for industrial purposes led to the
subsequent improvement in price. Thallium has experienced a severe
depreciation on account of the economical process by which it is
extracted from the residue of the lead chambers used in the manufacture
of sulphuric acid. The use of this metal is mainly confined to
experimental purposes. The fall in silver has arisen from increased
production and diminished use for coinage.
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