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Arizona FRANK A. WARDLAW, JR., Chairman GRANT R. RUBLY, Secretary-Treasurer Miami Copper Co., Box 505, Miami, Ariz. MICHAEL CURLEY C. R. KUZELL BURRELL R. HATCHER A. MENDELSOHN WILLIAM KOERNERA. C. REIFSNIDER Black Hills L. B. EAMES, Chairman ALEXANDER J. M. Ross, First Vice-Chairman FRANCIS CHURCH LINCOLN, Second Vice-Chairman NATHANIEL HERZ, Secretary-Treasurer Lead, S. D. JOSEPH P. CONNOLLY C. N. KRAVIG C. E. DAWSON EDWARD L. TULLIS

Jan 1, 1939

By F. S. Peabody

ANYTHING that may be said about "too much coal" must seem rather incongruous just at this time when two-thirds of the mines in the United States have been idle for nearly four months and a temporary coal shortage looms as more and more of a possibility. It is the purpose of this article, however, to deal primarily with the fundamental ills of the bituminous-coal industry, which, when summed up, can be expressed in one word-overdevelopment. During recent years the bituminous-coal industry in the United States has been seldom, almost never, in a state of normal business health with production run-ning evenly, prices steady and the market absorbing the output from week to week. There has been either a condition of feverish activity or apathetic sluggish-ness. We have had, for example, the intense strain on production during the war years with heatless days and lightless nights, followed by the slump late in 1918 which lasted through the greater part of 1919 when coal was a drug on the market. Then came the panicky demand of 1920. Competitive buying forced prices up to the highest levels in history. This demand in turn fell off suddenly in November, 1920, and the market remained apparently paralyzed all through 1921. During the latter year, lack of buying forced intermit-tent suspension of mining in all fields and prices averaged less than actual cost of production.

Jan 8, 1922

By Sylvain Pirson

THE number of seismograph field crews employed in the active survey of potential oil territories is still on the increase, owing to the ever pending threat of a shortage in the supply of crude oil. It is to be expected that for years to come the seismograph will be responsible for discovering many new oil fields, both in wildcat territories and in deeper formations, and that the seismographic campaign will go on unabated. Yet improvements in instrumental design, in the field and interpreta-tive techniques, are brought about year after year, and lead to the reshooting of areas many times surveyed previously. Notwithstanding the experience gained by the past eight years of active work in reflection seismographic surveys, the results given by this method of mapping deep formations have in many instances been at variance with the information subsequently obtained by the drill. To overcome this shortcoming, geophysicists have used closer spacing of the shot points and closer control of the depth points. The method dis-cussed here is being used actively in the Mid-Continent region and endeav-ors to reduce the interpretation work to a mere mechanical technique, leaving as little as possible to the opinion of the interpreter.

Jan 1, 1937

ASIDE from the John Fritz Medal, in which the Institute partici¬pates through its representation on the John Fritz Medal Board, the Institute itself has four awards it may make annually, as fol¬ lows the Robert W Hunt Medal and Prize, the J E. Johnson, Jr , Award, the James Douglas Medal, and the William Lawrence Saun¬ders Medal ROBERT W HUNT MEDAL AND PRIZE The partners of Robert W Hunt established a fund which was, presented to the Institute at a fitting ceremony on May 27, 1920, to establish an annual medal and a sum of money to be awarded tinder the following rules¬ 1 The award shall consist of two prizes first of a gold medal, second of a sum of money, a certificate to accompany each prize The money prize shall not be awarded to a member' over 40 years of age, but under unusual circumstances, both prizes may be allotted to one per son provided that he is not over 40 years of age In general it will be understood that the Committee shall award the money prize to the younger men, rather than the medal 2 The awards shall be made not oftener than once a year to that person or persons contributing to the Institute the best original paper or papers on non and steel The scope of the term "iron and steel" shall be determined by the sub-committee consideing the awards In general, papers dealing with the practical side of the subject have preference over those dealing with the theoretical side in recognition of the fact that Captain Hunt's main con¬ti ibutions to the industry have been in the improvement of production and quality of material

Jan 1, 1923

By Bezalel C. Haimson

We have developed a new wireline hydrofracturing technique for in situ stress measurement which eliminates the need for drill rig and drill rod and renders the tripping of the straddle or impression packers continuous, fast, and inexpensive. Wireline conductors facilitate the use of downhole pressure transducers. We have confirmed the suitability of the new technique by testing it in a deep hole near the Monticello Reservoir, South Carolina. Our measurements indicate two local stress fields, one of them apparently linked to the impoundment-related induced seismicity.

Jan 1, 1984

EUGENE WESLEY SHAW,* Washington, D. C. (written discussion ?).-Studies of the probable future production of oil wells and fields-particularly those in the nature of the recent work by Lewis and Beal, having the object of increasing the percentage of recovery-rank, in both practical and theoretic value, very high, if indeed they do not outrank all other petroleum investigations except structural surveys. Even such surveys, although saving untold millions that might have been spent in prospecting unpromising territory, may have less ultimate value than generally supposed, for it may perhaps be argued that much if not most of the condemned territory will sooner or later be tested-some is already productive-and the most that can be rightly claimed is the recovery of cream first; also that the consumption of the richest portions first cannot be extenuated, as it might with some resources, on the ground that if the best is not taken now it will deteriorate.

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