The Selling of Lead And Zinc
The Selling of Lead And Zinc
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75 In all cases, the following is usually the schedule on which pay- ment for gold, silver and copper in the lead ores: Gold, $19. 50 per ounce, if 0. 05 ounce or over per ton. Silver, 95% of contents at New York quotation, date of assay. Copper, for dry copper (1. 5% off wet) and 6 cents off per pound on Western Union quotation for casting copper.
The payment for the amount of lead in the ore is made in one of three different methods: They are: 1. By the unit and at quotation.
2. For 90% of le...ad content at the sales price, with a deduction per pound.
3. For 90% of lead content at 90 or 95% of the sale price. The price per unit is based on a quotation of $4 per 100 pounds of lead. For every rise of 5 cents in the quotation, 1 cent is added to the price per unit, and in the same way, 1 cent is deducted from the price per unit for every fall of 5 cents in the quotation.
One must remember that the quotation is not the sales price in New York, but is 90% of this price. So that when the New York sales price is $4 per 100 pounds, the quotation is 90% of $4, i.
What to read after The Selling of Lead And Zinc?
You can find similar books in the "Read Also" column, or choose other free books by Henricus Johannus Stander to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
75 In all cases, the following is usually the schedule on which pay- ment for gold, silver and copper in the lead ores: Gold, $19. 50 per ounce, if 0. 05 ounce or over per ton. Silver, 95% of contents at New York quotation, date of assay. Copper, for dry copper (1. 5% off wet) and 6 cents off per pound on Western Union quotation for casting copper.
The payment for the amount of lead in the ore is made in one of three different methods: They are: 1. By the unit and at quotation.
2. For 90% of le...ad content at the sales price, with a deduction per pound.
3. For 90% of lead content at 90 or 95% of the sale price. The price per unit is based on a quotation of $4 per 100 pounds of lead. For every rise of 5 cents in the quotation, 1 cent is added to the price per unit, and in the same way, 1 cent is deducted from the price per unit for every fall of 5 cents in the quotation.
One must remember that the quotation is not the sales price in New York, but is 90% of this price. So that when the New York sales price is $4 per 100 pounds, the quotation is 90% of $4, i.
What to read after The Selling of Lead And Zinc?
You can find similar books in the "Read Also" column, or choose other free books by Henricus Johannus Stander to read onlineMoreLess
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