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By Charles Austin

IT has long been known that plain high-carbon steels may be susceptible to graphiti-zation below the A, critical, but no data have been available to indicate what factors cause and tend to inhibit graphite formation. Two recent publications1,2 have shown that the factors controlling graphitization below the A, are different from those operating above the A, inversion where commercial graphitization of malleable iron begins. Furthermore, for plain high-carbon steels graphitization below the critical point does not appear to be related to ordinary chemi-cal analyses. Many years ago it was recorded' that the rate of graphitization at subeutectoid tem-perature is not a maximum just below the A, critical, but at some lower temperature, which Austin and Norris have shown to be about 670°C. Indeed, work done in our laboratory has demonstrated that it is im-possible to spheroidize certain steels in the temperature range of 650° to 710°C. with-out the formation of considerable amounts of graphite. However, if the temperature is maintained just below the A, (720°°C,) these same steels may be completely sphe-roidized at constant temperature. In previous studies1,2,4 on 1 per cent plain carbon steels graphitization was en-countered during prolonged tempering. The limited number of steels studied did not provide sufficient data to permit adequate study of the factors controlling this graphi-tization. Accordingly, a limited statistical investigation was undertaken, utilizing 18 steels of similar chemical analyses, fur-nished by four steel companies, who also supplied information regarding the history of manufacture.

Jan 1, 1940

By Waldemar Lindgren

DURING the last 15 years much attention has been given to the "contact-metamorphic" ore deposits which mainly occur in limestone close to intrusive contacts. In general, these deposits are characterized by the association of magnetite and simple sulphides with the so-called "contact-metamorphic" silicates. These silicates comprise garnet, epidote, vesuvianite, tremolite, wollastonite, diopside, hedenbergite, ilvaite, and many other rarer forms. The ?contact-metamorphic zones contain also in places minerals with boron, fluorine, and chlorine, like axinite, tourmaline, danburite, fluorite, and scapolite. There is also more or less quartz and coarsely recrystallized calcite. The simple sulphides embrace pyrite, pyrrhotite, chalcopyrite, galena, zincblende, more rarely arsenopyrite. On the whole, sulphantimonides and sulpharsenides are rare. Deposits, of magnetite or chalcopyrite or of both are most common. The deposits have an irregular or rudely tabular form, following main contacts, dike contacts, or stratification planes; they rarely extend for more than 1,500 or 2,000 ft. from the contact; far more commonly they only reach a distance of a few hundred feet from that surface. The deposits are usually formed by replacement of limestone, or allied calcareous rock. Apparently they are found both in relatively pure and in impure carbonate rock. The deposits are geological bodies of a chemical and mineralogical character differing greatly from the adjoining intrusive rock and from the unaltered limestone. They are rich in silica and iron, with more or less of lime, magnesia, alumina, sulphur, and rarer metals like copper. The so-called contact-metamorphic silicates which form the gangue usually are coextensive with the metallic minerals, though of course not necessarily with the merchantable ore. All opinions agree in holding the deposits of epigenetic origin, later than the inclosing limestone. Regarding the origin of the metals and the genesis of the ores there are several opinions.

Jan 6, 1914

By J. C. Jaeger

It frequently happens in engineering and mining situations that "bad" rock is encountered which consists of rock broken up into blocks a few inches or less in diameter by a network of intersecting joints. These joints may be open, or filled by veins of solid material, or covered with weathering products. Essentially, the material consists of an aggregate of small interlocking blocks. In such circumstances, major joint systems usually can be recognised and studied, but there are probably many minor planes of weakness which may cause the blocks to be of almost random shape. It is extremely difficult to determine the properties of such materials. Measurements on small specimens give the properties of the constituent rock and not the jointed material. At the other extreme, the material has occasionally been tested as loose aggregate in large triaxial pots, but this gives no information about the strengthening effect of the interlocking of the small blocks of rock. One simple approach, which has been much used, is to regard the rock as randomly jointed on a small scale and to apply soil mechanics theory to it. In this case, the normal and shear stress at failure are related by [ ] where the coefficient of friction p and the cohesion c will be those of the individual joints. Even in very bad rock, it is usually possible to drill core in small diameters of 1 to 2 in. which will contain a number of joints, both open and filled. The testing of such joints provides one simple method of determining some of the properties of closely jointed rock and will be discussed in detail in the next section. Calculations based on Eg. 1 with values of c and µ obtained in this way may be expected to give a lower limit for the strength of structures in rock.

Jan 1, 1970

By S. R. Zimmerley, John Gross

The deductions drawn in crushing and grinding operations have heretofore been based on a separation of the products into various sizes. A crushed product may be sized by sieving, by elutriation and by aid of the microscope. To estimate the surface of each size the relation of the surface to the estimated average diameter must be assumed. Such a relation, owing to the irregularity of the particles, may involve two assumptions: First, a factor to convert average diameter to surface for one particular size; and second, a variation in the factor as the diameter of the particle changes. Obviously a surface measurement in which such assumptions and estimates are involved is questionable. In the first paper of this series1 a method has been given by which an accurate measure of surface of quartz can be obtained from its dissolution rate. By the use of this method, surface measurements have been made on a series of sieve sizes of crushed quartz, the results of which are given and discussed in this paper. Prepaeation of the Quartz Sizes The quartz, consisting of large uniform pieces with a density of 2.65 and a purity of 99.5 per cent. SiO2, was crushed to pass 20 mesh and was then sieved. Tyler standard sieves were used, the sieving being done by hand according to the proposed standard method submitted by the senior author to the Milling Committee of the A. I. M. E. A wet split of the sample was made on a 270-mesh sieve. This was followed by dry sieving until less than 0.05 per cent. of the weight of the sample passed through the sieve in 1-min. sieving. The +28-mesh material was discarded because that size did not contain the difficult grains from the 20-mesh sieve.

Jan 1, 1930

By M. Albertson

The purposes of this statement are to define a problem that exists in regard to the estimation of developed petroleum reserves, to analyze the problem in an abstract manner, and to discuss it as an introduction to certain papers that follow. The problem is to devise and develop a suitable procedure to permit more accurate estimates of developed petroleum reserves. Part of the problem is to make such estimates available earlier in the life of any particular pool. The problem of securing more accurate estimates of developed petroleum reserves existed prior to curtailment of production. With curtailment, however, the problem became acute, some of the more prominent reasons being as follows: 1. The standard method of estimation depended on production-decline curves. This method is inapplicable while curtailment prevails and available methods arc insufficient. 2. The retarding influence imposed by wide open flow conditions upon overdevelopment is absent. Great losses of capital by overdevelopment can now occur before realization of the true situation occurs, or before effective steps can be taken to stop such wastage. This increases the need for early, accurate estimates. 3. Above-ground stocks have diminished and the equivalent of such supply tends more and more to be retained underground in the natural reservoirs. It becomes increasingly necessary to know accurately the amount of these stocks. To direct attention to an additional point of different nature: improved accuracy of reserve estimation can be obtained only by closer scrutiny of the factors that determine recovery. This examination and the resulting efforts to measure the effect of these factors in terms of ultimate recovery must tend to improve ultimate recovery. The statements regarding the acute nature of the problem also indicate to some extent the importance of the problem and the necessity of finding a solution. Developed reserves of the industry, and of individual opera-tors, are one of the great factors that properly should determine explora-

Jan 1, 1936

By M. Albertson

The purposes of this statement are to define a problem that exists in regard to the estimation of developed petroleum reserves, to analyze the problem in an abstract manner, and to discuss it as an introduction to certain papers that follow. The problem is to devise and develop a suitable procedure to permit more accurate estimates of developed petroleum reserves. Part of the problem is to make such estimates available earlier in the life of any particular pool. The problem of securing more accurate estimates of developed petroleum reserves existed prior to curtailment of production. With curtailment, however, the problem became acute, some of the more prominent reasons being as follows: 1. The standard method of estimation depended on production-decline curves. This method is inapplicable while curtailment prevails and available methods arc insufficient. 2. The retarding influence imposed by wide open flow conditions upon overdevelopment is absent. Great losses of capital by overdevelopment can now occur before realization of the true situation occurs, or before effective steps can be taken to stop such wastage. This increases the need for early, accurate estimates. 3. Above-ground stocks have diminished and the equivalent of such supply tends more and more to be retained underground in the natural reservoirs. It becomes increasingly necessary to know accurately the amount of these stocks. To direct attention to an additional point of different nature: improved accuracy of reserve estimation can be obtained only by closer scrutiny of the factors that determine recovery. This examination and the resulting efforts to measure the effect of these factors in terms of ultimate recovery must tend to improve ultimate recovery. The statements regarding the acute nature of the problem also indicate to some extent the importance of the problem and the necessity of finding a solution. Developed reserves of the industry, and of individual opera-tors, are one of the great factors that properly should determine explora-

Jan 1, 1936

This study of engineering education arose out of the action of a joint committee on engineering education, representing the principal engineering societies. The committee had gathered so much material that it decided the work could best be carried out by some one trained in applied' science, who would devote his entire attention to the study.. The Carnegie Foundation therefore asked Prof. Charles R. Mann, of the University of Chicago, to undertake the work. After making a thorough study Prof. Mann has made a most comprehensive report. In it he says: The engineering schools of the United States began their work upon a definite teaching plan and one that had at least pedagogic consistency. But during the past half century the course of study has been overlaid with many special studies intended to enable the student to deal with the constantly growing applications of science to the industries. As a result, the load upon the student has become so heavy that there is a feeling that the students fail to gain a satisfactory grounding in the fundamental sciences and do not fulfil the expectations of engineers in d manufacturers in dealing with the practical problems with which they are confronted on leaving school. At present 60 per cent. of those who enter the schools fail to graduate, still many of them persist in engineering and make a success of it. It is evident, therefore, that the present systems of admission are not satisfactory. If a group of schools will take up the careful study of their entrance systems and experiment with objective tests and records of the students' youthful interests and achievements, the percentage of elimination can be reduced to at least a fourth of its present size, with an enormous saving of time, energy, and money for both student and school. The number of required credit hours per week should be less than eighteen, preferably sixteen. The few experiments that have been made indicate that college students do their best work when not more than five subjects are studied at a given time.

Jan 1, 1919

By W. G. Pfann

WHEN a molten zone traverses a long, solid ingot in a level, open boat the ingot becomes tapered. While the taper may be slight after one zone pass, it can be appreciable after repeated zone passes, even to the extent of causing an overflow of matter at the end of the boat. It will be shown here that such matter transport by a molten zone arises from the volume change on melting and that it corresponds in magnitude and direction to the magnitude and sign of the volume change. It will be shown also that the mechanism of matter transport is basically similar to that of solute transport by a molten zone, which has been discussed elsewhere,1,2 and that the two processes can be described by similar equations. Finally it will be shown that matter transport can be prevented by inclining the ingot at a critical angle. Contraction on melting results in forward transport, that is, transport in the direction of zone travel; expansion on melting results in reverse transport. The way in which forward transport arises from the contraction on melting may be seen as follows: At the starting end of a solid horizontal ingot of uniform rectangular cross section of height h., form a molten zone of length 1, as shown in Fig. 1. The height h of the liquid will be h. where a is the ratio of density of solid to that of liquid. Advance the molten zone, at constant length, a distance dx. The volume of solid melted will be hdx; the volume of solid frozen will be Izdx, because the height of the freezing solid will tend to be equal to that of the liquid. The resultant change, dv, in liquid volume will be the difference in these quantities multiplied by the density ratio. Hence the following equation may be used for a zone at any distance x from the origin: which is valid in all but the last zone length in the

Jan 1, 1954

By J. M. Hodge, M. A. Orehoski

tions to which it will be subjected, and this premise is probably the most important reason for hardenability control. However, the criterion of hardenability [ ] ture after quenching should consist wholly of martensite; and that transformation of austenite to intermediate-temperature products during quenching will have a deleterious effect upon the physical properties, particularly the toughness, of the tempered material. This implies that, in order to obtain the optimum physical properties from a given steel, its "hardenability" should be high enough to suppress all transformation except that to martensite under the heating and quenching condi- IT is now generally conceded that if a steel is to develop optimum physical properties in the conventionally quenched and tempered condition, the microstruc- [ ] that at present is most widely accepted and used is based on a microstructure of 50 per cent martensite. This criterion, which was suggested by Grossmann,1 does have considerable justification. It may be readily measured by a fracture or etch test and, since it represents the point at which the hardness is changing most rapidly with variations in cooling rate, it may be determined empirically from a hardness-depth curve by determining the point of steepest slope (the inflection point. Furthermore, in plain carbon steels or in steers of low hardenability, the difference in hardenability expressed in

Jan 1, 1945

By Charles Jones

(San Francisco Meeting, September, 1915) IN any discussion of this very large subject we are confronted at the outset with so many obstacles that at best only a fragmentary and rather disconnected presentation can be made of it, and my hope is that building from the few facts I have to offer a more complete knowledge may be secured. In the whole intermountain and Pacific. Coast region, west of Pueblo, Col., and from Canada to Mexico, there is no production of pig iron, and steel production is confined to the manufacture of a small amount of open-hearth steel from scrap. When we consider the area, the resources, and the several centers of population, this condition seems anomalous, even in. the face of every counter argument as to cheap water transportation, or other means of transport from the Atlantic Seaboard or from the iron and steel centers of the Middle West. This comatose condition, if such a term may be applied, is certainly riot due to a lack of all the essential materials and factors for success in iron and steel smelting, but is rather, I think, due largely to the general fact that it is only within a comparatively few years that the centers of population on the Pacific Coast have attained a size that would entitle them to the position of distributing or freight centers, or that the "back country" has been enough built up to make it sufficiently interesting to the railroads to foster trade from the local centers to the interior points rather than seek to supply such local centers and the interior by a transcontinental haul.

Jan 9, 1915

IN this survey of the progressive development of education for the mineral industries throughout the United States, the review of the history of each school has usually been completed wherever it is first mentioned, but the history of the schools in the cities of the eastern seaboard was not carried beyond 1870. It is necessary now to cover what happened during the period of approximately the last quarter of the nineteenth century in several of the schools in the east. PHILADELPHIA Of Philadelphia, it has been related in chapter 4 that the Polytechnic College of Pennsylvania began offering a curriculum leading to the B.S. in mining in 1853; that the school did not prosper, and finally closed about 1890. The establishment of a Department of Mining, Arts, and Manufactures at the University of Pennsylvania in 1855-56 was also mentioned, but its history was not carried beyond 1860. In 1859 J. Peter Lesley was appointed professor of mining in the University of Pennsylvania. The son of a cabinetmaker, born in Philadelphia Sept. 17, 1819, he had taken his A.B. degree at the University of Pennsylvania in 1838 and then secured a position on the Geological Survey of Pennsylvania under H. D. Rogers. When the Survey was discontinued, in 1841, he went to Princeton to study theology, was ordained a Presbyterian minister and followed that career until 1853, when the Pennsylvania Geological Survey was again started and he rejoined its staff. He published "A Manual of Coal and its Topography" in 1856, and studied at the École des Mines, Paris, in 1850-57. He published an 800-page "Iron Manufactures Guide" the year that he was appointed to the staff at the University of Pennsylvania. In 1863-64 a College of Agriculture, Mines, Arts and the Mechanic Arts was established, but it was not a separate school

Jan 1, 1941

By H. J. Fisher, J. L. Walter

Two types of Si-Fe columnar ingots with preferred crystal orientation have been produced: a) ingots with (0011 directions of the crystals parallel to the longitudinal ingot axis and b) seeded ingots in which all crystals have the (100) [001]orientation with respect to the sides of the ingot. Measurements of freezing rates and temperature gradients indicated that columnar freezing occurred as long as the temperature gradient ahead of the solidification front was greater than zero. THE development of preferred orientations or textures in wrought metals may be influenced by the presence of a preferred crystal orientation in the ingot from which the product was made. The deliberate introduction of preferred orientation in the ingot for the express purpose of producing a particular preferred orientation in the wrought product has not, to the authors' knowledge, been reported in the literature.* This report describes the prepara- tion of ingots of 3 1/4 pct Si-Fe in which preferred orientations near (100) [001] were produced. These ingots were subsequently rolled to strip, 0.012 in. thick, to provide a sufficient quantity of polycrystal-line sheet having the (100) [001] orientation or "cube-texture" to evaluate the magnetic properties. The properties; and test results showing the advantage of the cube-textured Si-Fe magnetic sheet over magnetic sheel having the (110) [001] texture or "Goss" texture have been reported elsewhere.' The rolling and recrystallization textures of single crystals of silicon-iron having orientations near (100) [001] have been studied by Walter and Hibbard.2 They found that if the crystal has an original orientation such that the (100) plane is within 30 deg of the rolling plane, the recrystallization orientation will approach (100) [001]. If the (110) plane is nearly parallel to the rolling plane,

Jan 1, 1962

The notion prevails that writing is a knack, that the skilful use of the pen is a gift of nature. This is an error. Dogberry may be responsible for it; he said: "To be a well-informed man is the gift of fortune, but to write and read comes by nature". Because Dogberry said it, we may be sure that Shakespeare thought otherwise. Ability of any sort may be partly innate, but my own observation and experience lead me to conclude that most of the easy writers have become so by constant practice. As I recall the names of men successful with the pen, I remember that most of them have written a great deal and have taken particular pains to improve their style. The suggestion that proficiency in the difficult art is a happy accident provokes a sardonic smile. The larger part of the great writing in our literature is the result of persistent effort. An easy fluency has been the undoing of many; their flamboyant and fantastic scribbling has proved as perishable as froth. This criticism applies to technical writing also; in order that a technical description or discussion may hold the interest of the reader, at least long enough to cause him to read it to the end, the writing must be done carefully and systematically; otherwise it will fail in its purpose of conveying information. Clearness is absolutely essential. "It is not enough to use language that may be understood; it is necessary to use language that must be understood."* The purpose of writing, at least of that which is meant to be read by others, is not only to express ideas but to communicate them. Lack of perspicuity may prove as bad as

Jan 1, 1931

By John Birkinbine

Modern advances in practically all lines of industrial develo1)ment have occurred in such rapid succession, and have been accepted so readily as accomplished facts, that a retrospect surprises us, by showing how comparatively few of the acknowledged factors of improved conditions may be considered as old. While these advances have not been confined to any country, they have been more pronounced in some than in others, and nowhere more so than in the United States, the population of which, having multiplied nearly three-fold between 1870 and 1910, demanded a proportionately greater increase in materials, supplies, and manufactured products. It therefore appears desirable to discuss mainly conditions in the United States, as concrete evidence of industrial progress throughout the world. Looking backward for but three generations, me mar trace the introduction and developmerit of canal- and steamboat-narigation ; railroad-transportation; artificial illumination beyond that f'urnished by candles and animal-oils; quick communication by mail, and subsequently by telegraph or telephone; the manufacture of iron, beyond forms of small dimensions; the production and utilization of steel in large quantities; the economic use of mineral fuel, oil and gas, etc. The practical coincidence of the fortieth anniversary and the 100th technical meeting of the American Institute of Mining Engineers, offers temptation to recall and compare the conditions of milling and metallurgy in or about the years 1871 .and 1911. A complete résumé would cover phenomenal changes in mining-methods and equipment by which the output of individual exploitations has grown from scores to hundreds and even thousands of units in equal time-intervals. Extension of operations in depth and area, demanding machinery of great power and efficiency, high percentage of extraction, utilization of what

Jan 1, 1912

By C. W. Tomlinson

INTRODUCTORY THE analyses which have been made by the writer according to the method described below were made as part of Professor Withey's investigation of the concrete aggregates' of Wisconsin, in the hope of throwing light on the extent and nature of the influence of the mineralogical constitution of aggregates upon the properties of the concrete, and mortar made from them. This method was found most satisfactory after four weeks of experiment and modification. It attains an accuracy quite sufficient for the purpose of the analysis, and is fairly rapid. Mineralogical analyses may be thus made at a cost considerably less than that of chemical analyses of a similar degree of completeness. The results obtained by this method should not vary in any item by more than 1 per cent. of the total weight of the sample, and may be made very much better than this by the exercise of greater care in the microscopic counting (see below). The accuracy of the hand sorting 'is of course dependent upon the experience and carefulness of the analyst. . After a month's practice, the writer was enabled to turn out these analyses at the rate of four in 33 hr. of working time. It was found most economical to handle four samples at once. The samples analyzed weighed froth 290 to 340 g. each. The same method could be applied to larger or to smaller samples, within reason able limits. The following list covers the necessary apparatus and equipment: 1 good balance capable of weighing accurately to tenths (or, better, hundredths) of a gram, and of handling quantities up to 200 g. in weight. 1 Westphal balance, registering densities to two or three decimal places. 1 Meker or Bunsen burner, and gas supply. 1 nest of sieves, 10, 20, 40, and 100 meshes to the inch.

Jan 5, 1915

By F. E. Lathe, G. A. Guess

This investigation was started with the idea of determining whether copper-nickel mattes might not have a lower flowing temperature than copper mattes, and thus perhaps aid in accounting for the difficulty so far experienced in attempts at pyritically smelting copper-nickel ores. We have used the term flowing temperature to avoid confusion with the usual melting temperature. The idea at first was that there might be a greater viscosity range in the one matte than in the other. In the early experiments it was in our minds to determine the relative fluidity of the mattes at a given temperature. Looking to this end we tried pouring equal quantities of matte at the same temperature down an inclined graphite slab, and comparing the distances traveled. Results from such experiments were not satisfactory. We next tried pouring equal quantities at the same temperature through a drilled hole in an Acheson graphite crucible, timing the flow with a stop watch, the whole operation being carried out in the muffle. The flowing temperatures of the mattes tried in this way appeared to be about the same, and there was no marked difference in their fluidity when well fused. Oxidation gave some trouble. These experiments finally led to the adoption of the following apparatus which we thought at the time was wholly original with us, but which we have since found was described by W. McA. Johnson.l The tray used was a slab of graphite 8 in. long, 2 in. wide and 1/4 in. thick. It had six holes, into each of which sat a cup of Acheson graphite. Centrally in the bottom of each cup was a vertically drilled hole 3/16 in. in diameter and 1/2 in. long. The mattes to be tested were put into the cups, in a solid piece. The cups were covered with inverted Battersea "A" cups. The tray was put into the muffle of a gas-fired furnace. Supports on each end held the tray about 2 in. from the floor of the muffle. Under

Jan 1, 1917

By F. A. Howard, R. T. Haslam

In a broad sense automotive fuel is simply fuel in general and includes coal, coke, wood, charcoal and gas, in addition to the full range of liquid combustibles. All of these are actually used, or have been used, commercially to some extent as fuel for automotive vehicles. The steam lorry burning coal and coke is a common sight on the roads of England. The fact that these coal-fired steam lorries have a distinct advantage in taxes over the conventional gasoline-driven lorry probably explains the survival of this vehicle. The omnibus, or charabanc, operated by city gas carried in a balloon container on the roof, was also at one time a common sight in England, although not as common as the ubiquitous steam lorry. These gas-operated vehicles have, however, disappeared from the streets in recent years, and probably owed their existence entirely to war conditions. In France one of the largest motor vehicle manufacturers had last year more than 30 trucks equipped with regular gasoline engines in service in the Parisian area operating on producer gas obtained from a small gas producer mounted on the running board of the truck. Both wood and charcoal have been used in these gas producers. The authors were interested enough in this unique commercial development to spend some time examining the apparatus used and inquiring into the success which it had met. The picture is by no means an impossible one purely from the standpoint of practicability, but there is no doubt of the soundness of the conclusion that this is not a development which has any present important significance. Powdered carbonaceous matter, coal, coke or lignite, has been used experimentally in special forms of internal combustion engines, but so far as is known, these have never been applied to automotive practice. Range of Liquid Combustibles In the field of liquid combustibles the full range has been exploited to some extent. Heavy residual fuel oils from petroleum have been

Jan 1, 1928

By G. F. Loughlin

The subject of this lecture might well have been assigned to an economist or banker rather than to a geologist, but, as it was deliberately assigned to me, it is to be treated from a geologist's viewpoint. The term precious metals ordinarily includes the platinum group as well as gold and silver. Platinum, like silver, has had a great decline in price during the last few years, but has not been a medium of exchange and therefore has aroused comparatively little comment. Its relation to price level is like that of commodities in general, and will be dismissed without further comment. Of the two precious metals used as mediums of exchange gold, because of its adoption as the basis of most monetary systems and because of its threatened shortage in the near future; has been a subject of general concern to governments, financiers, and economists; silver, on the other hand, which has flooded the market of late has brought forth cries for help, direct or indirect, from producers and to a less extent from the largest users, especially China, whose purchasing power has been greatly curtailed, but it fails to arouse the interest that gold does. Many predictions have been made by economists, bankers, and others regarding future supply of gold and its effect on prices but the differences among these predictions are about as many as the number of prophets. Since gold is the standard by which the value of commodities as a whole is to be measured, it would seem that the greater the ratio of gold supply to commodities the higher the price level and vice

Jan 1, 1932

By C. W. Washburne

FORMER studies of sedimentary strata have been based upon the mineralogical and mechanical characters of the solid components, rather than upon the open spaces between them. For present purposes let us take another point of view, and consider not the rock material, but rather its cavities, the pores and the fissures or cleaved joints which connect with them. Let us think of the geologic column not as a series of rocks, but as a mass of irregular connecting capillaries. Different parts of the column may be distinguished by the absolute size and by the relative amount of its open spaces. Porosity Each stratum of the column is characterized by a certain porosity, which would be independent of the size of the rock grains if all were of the same shape. Slichter has shown that the percentage of open space in a pile of equal spheres is practically constant regardless of the diameter of the spheres. This is approximately true of clean, assorted sand or gravel, but it is far from being the case with most natural sediments which have a widely variable porosity, the magnitude of which is determined mainly by the amount of fine and of secondary material between the larger grains. The shape of the grains materially affects porosity, round grains leaving more open space than angular or flat grains. The thin plates of kaolin and the fine plastic matter of clay fit quite perfectly when pressed together, and it is probably this close fit, determined by shape of grain, rather than the small size of a grain, that causes the low porosity of ordinary clay shale.

Jan 9, 1914

BRADEN, the most southerly of the three big Porphyries in Chile and the first to start production (in 1910), is a remarkable mine. It would be interesting to know just how much it has contributed, and will contribute, to the earnings of the Kennecott Copper Corporation, which acquired 95 per cent of Braden stock in 1915 by an exchange of shares and which subsequently obtained the remainder. Because of this complete ownership no separate annual report is published (as is the case with Anaconda's South American subsidiaries, Chile and Andes). Income, taxes, operating costs, earnings, and other financial data, including the balance sheet, are consolidated with corresponding items applying to Kennecott's manifold operations in the United States and other foreign countries. If Braden were in the United States it would be possible to arrive at a pretty accurate estimate of revenue realized each year from the sale of copper simply by applying the average published market price to the production as reported by the company. However, because of the restrictions on sales imposed by the Chilean Government and the almost fantastic regulation of exchange rates in the past, no estimate of the sort would be reliable. This point is illustrated by the following comparison made by Charles R. Cox, president, in Kennecott's report for 1955: In each year, 1954 and 1955, Braden supplied about 30 per cent of Kennecott's total copper deliveries; but Braden's operations contributed 16.7 per cent of consolidated net income in 1955 against only 6.2 per cent in 1954. More will be said later about exchange rates, taxes, and restrictions, and the recent improvement in the situation. Of course another element of

Jan 1, 1957