REAL VALUE OF GOLD.
Mr William Pyle, of St. Balkans, whose enterprise m competing; with toe banks for the purchase of gold is so well known, has landly furnished us with the following re. pults uf a parcel of St. Bathans gold, lately conveyed to Melbourne * Weight before melting 44E93 Weight after melting 4351 Assay report on gold, 9770 Report of silver, 015 Standard gold, 463.748 Value at L 3 17s 10£ d ... L 1,805 14 5 i' me silver Deduct mint charges at 5d P er 02 L 9 13 3 L 1,796 1 2 It will be seen ©n calculation that the nett result of the parcel was L 4 Is 3d per oz from which the shipping and insurance has to be deducted. A small parcel of amalgam showed even better results for the buyer : Before melting g°^ After melting Assay report, 9730 Report of silver, 015 Standard gold, 6.645 J> lue „ L 25 17 6 hme silver ■■■ ■■ Deduct mint charges 0 8 4 Nett value L 25 9~~2 Mr William Pyle still continues to offer 6d more than the banks are giving. —‘ Mount Ida Chronicle. ’
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Bibliographic details
Evening Star, Issue 3655, 9 November 1874, Page 2
Word Count
189REAL VALUE OF GOLD. Evening Star, Issue 3655, 9 November 1874, Page 2
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