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By Joseph Pogue

THE, prices of crude petroleum and its derivatives have shown an upward trend from 1915 to 1920, and a downward trend from 1920 to 1923, see Table 1. Over the former period, oil prices were dominated by the rapidly increasing demands and inflation incident to the war and its aftermath, while over the latter period oil prices were influenced at the outset by deflation and then by the conditions of overproduction that have characterized the past three years. The purpose of this paper is to analyze the broader features of the more recent price movements in the petroleum industry and to relate these features to basic economic conditions in the industry. INDEX NUMBERS OF OIL PRICES The analysis and comparison of price movements may be facilitated by converting actual prices into relative prices, or index numbers, with 1913 taken as a base of 100. In this way, the various price groups are expressed as percentages of the 1913 prices and may thus be readily compared with one another or with the average prices of other commodities similarly expressed. Table 1 gives the index numbers representing the average prices of crude petroleum, gasoline, kerosene, fuel oil, lubricating oils, and all commodities. The last named is the index of all commodities as published by the U. S. Bureau of Labor Statistics and .is widely accepted .as the official measure of the general price level. The index numbers of oil prices were calculated by the writer from weekly quotations published in trade journals.

Jan 3, 1924

By Thomas MacFarlane

IN smelting copper, lead, and silver ores, it is scarcely possible in every case to make analyses of the various parcels of ore, with the view of combining these and the fluxes so accurately as to yield, in the furnace, slags of exactly the most favorable composition. This is even more difficult with ores which require previous calcination, or with mattes which have been roasted in heaps. Even in cases where the greatest pains have been taken and the most elaborate calculations made beforehand, it frequently happens that variations in the working of the furnace interfere with the result so much desired. Generally, the practical metallurgist must be content with ascertaining the average composition of his ores and fluxes, making a calculation once for all as to the most advantageous mixture, and leaving slight changes in its composition to be taken care of as it is passing through the furnace. The various products then afford him the best material whereon to base his judgment as to the manner in which his smelting mixture is working. Of course the character of the slag is one of his chief guides, but it is not always possible from its outward characters alone to form a correct judgment as to its composition. Neither would it be possible or practicable to apply chemical analysis for this purpose, as it would be impossible to wait for its results while working a furnace. Abich was, I believe, the first to point out the relation existing between the composition of volcanic rocks and their densities, and to show that, the latter being ascertained, very correct conclusions

Jan 1, 1880

By F. P. Dewey

(Read at Amenia Meeting, October, 1877.) AT the Wilkes-Barre Meeting of the Institute, Dr. J. Lawrence Smith, in the course of his remarks on some peculiarities in the composition of irons, alluded to the so-called " buckshot" iron, and exhibited a specimen of this material. He said that when the small granules, or shot, were separated from the mass, they could be flattened under the hammer, and inferred that these particles had been decarburized by the blast before sinking into the hearth of the furnace, and thus we had the exceptional production of wrought iron in the blast furnace. I have recently obtained a characteristic specimen of this variety of iron from one of the furnaces at Orbisona, Pa. Considerable uncertainty existed as to its true nature and the conditions of its production. Its weight seemed to preclude the idea that it contained much or any slag, yet its lack of strength indicated that it was not homogeneous cast iron. At times considerable quantities had been produced, which could only be utilized by charging in the furnace and remelting. The specimen, on the freshly fractured surface, appeared to consist of flattened globules of iron cemented together by a bluish material which one would naturally suppose to be slag, and qualitative examination for lime strengthened this supposition. It was quite difficult to obtain drillings, as there was a tendency to split in several directions as soon as pressure was applied ; but enough was obtained to undertake quantitative determinations. They were found to consist of two portions-one attracted by the magnet, and the other not. By repeated separation the magnetic portion was found to be 94.44 per cent., and the non-magnetic 5.56 per cent. Analyses of these gave the following results :

Jan 1, 1878

By M. Semchyshen, G. A. Timmons

P. A. Beck (University of Illinois, Urbana, 111.)—An interesting result of this work is the fact that in cold rolled molybdenum sheet complete loss of work hardening is obtainable on annealing, without change in texture. The retainment of the cross-rolling texture on soft-annealing is particularly significant, since this is essentially a single orientation texture, where texture retainment could be achieved by only one of the two niechanisms which produce this effect in aluminum,16 namely by recrystallization in situ. Recrystallization in situ was originally discovered by Collins and Mathewson (1940) and by Crussard (1944) as a phenomenon taking place on annealing in relatively mildly deformed single crystals of aluminum. It now appears to be a major (in many cases the major) mechanism of annealing of severely cold rolled poly-crystalline material, not only in aluminum,le but in metals as different in character as beryllium," tita- nium,'" and molybdenum. All these data now confirm the general validity, at least for more or less pure metals, of the interpretation of the annealing process given a few years ago by Smith.'" The whole question of recrystallization is now reopened. Indeed, it appears that recrystallization, as defined traditionally, may not occur at all, since at the time "deformed material" is absorbed by "recrystallized grains," it has already become completely strain free by recovery and "recrystallization in situ."

Jan 1, 1953

By V. E. McKelvey

Some understanding of the United States mineral resource potential is essential for planning and policy making for the future. Reserves of some minerals are essentially lacking and for many others they are sufficient for only short term needs. Estimates of undiscovered resources of many minerals are substantial but are insufficient to support long term requirements, particularly if they continue to increase as they have in the past. Presently, subeconomic resources of some minerals such as aluminum are huge, but their recovery may require increased amounts of energy, which poses problems both as to cost and availability. Beyond these identifiable components of the United States mineral potential, what are the prospects? If they could be identified specifically, of course, they would be included in the above. An unappraised potential of new production and discovery can be expected to exist in known districts, where unproved methods of exploration may yield new discoveries; in new types of ore deposits; in metallogenic provinces as yet unrecognized or poorly explored; in frontier areas and in deeper parts of the crust as yet unexplored; and in presently subeconomic sources that may come within economic reach as the result of technologic advance. Other sources may extend the life of domestic material supplies -- substitution of abundant for scarce materials, recycling and prevention of waste, improved efficiency in recovery and use, and conservation of use.

Jan 1, 1976

By Charles E. Wait

In the analysis of a set of interesting furnace-products belonging to the metallurgical cabinet of the School of Mines, I placed in the hands of one of my students a sample of litharge which gave the results quoted below. The collection of specimens from which this was taken, represents the products obtained in the blast-furnace treatment of argentiferous lead ores, also samples from the zinc process, and those from the cupellation of the enriched lead. The sample, when received, was marked "bismuth litharge," and was that obtained during the last stages of cupellation. It gave upon analysis the following : Per cent. Lead,.......85.36 Antimony,.......06 Bismuth ,........20 Copper,.....49 Iron,...... 69 Zinc,......18 Nickel,.....01 Silver,....2.94 Lime,.....36 Magnesia,....03 Silica,.....12 Sulphuric anhydride,. .32 Carbonic anhydride,. 1.25 Water,.....24 Oxygen,..,.7.80 99.95 At present I wish merely to call attention to the large percetage of silver present (equal to 857 ounces Troy per ton of 2000 pounds avoirdupois), and also to note two or three determinations that I have recently made, with a view to ascertain, if possible, the condition in which this silver exists. If I mistake not, it is usually assumed that silver exists in litharge in the metallic state; and it is, indeed, in the analyses of litharge, rarely expressed otherwise. This method of reporting the silver is, no doubt, due to the accepted statements that the oxides of silver are reduced to the metallic state at a temperature of 300' C. or less. The following experiments lead me to believe that silver exists in litharge, not entirely in the metallic state :

Jan 1, 1887

By Harry Seltz

INTERMETALLIC compounds are formed in many binary metal systems. Some compounds are stable to their melting points, and others decompose at lower transition temperatures. Even those of the first class are dis-sociated in the liquid state, as indicated by the continuous for in of their solubility curves at their melting points1. While the lattice structures of some of these compounds have been determined, their thermodynamic properties have not been investigated. In this paper is described the determination of the free energy and heat of formation of the compound CdSb, which is of the first class mentioned above, melting congruently at 455° C. This compound shows a rhombic structure, and the lengths of the edges of the elementary cell containing four molecules are: a =6.52, b = 8.60, c = 4.16 A.2 There are three possible methods of determining the free energy of formation of a compound of this type. The first method, applying the third law of thermodynamics, requires the measurement of its heat capacity preferably to liquid hydrogen temperatures, and a calorimetric determination of its heat of formation. The second method involves the study of the equilibrium of the compound in some gas reaction, such as: CdSb + CO2 = CdO + CO + Sb From the known free energies of formation of CdO, CO2 and CO the free energy of formation of CdSb could be calculated. The third method measures the electromotive force of a galvanic cell in which the cell

Jan 1, 1935

By John Gillie

PRioR to the year 1902 electricity was used in the Butte district only for lighting, for the tramming of ores on the surface, and for the electrolytic refining of copper. In that year the Canyon Ferry hydro-electric plant on the Missouri river, with a transmission line to Butte and Anaconda, was completed, and enabled the mining operators to purchase electric current in large quantities at reasonable rates, and its application and use in the various mining operations and reduction works proceeded rapidly. The principal applications of electric current in metal mining may be listed as follows: Compressing air for hoisting. Compreeaing air for rock drills and pneumatic tools. Pumping. Ventilating. Lighting. Tramming. Compressing air for blast furnaces and converters Running shop and miscellaneous motors. Compressed Air for Hoisting. The Anaconda Copper Mining Co. operates 22 mine shafts and plants at Butte. Of these, 15 are large plants and hoists, through which most of its ores are hoisted. In 1912 this company commenced using compressed air in place of steam, in operating a number of its large hoists, and at this date has 10 main hoisting engines and 10 auxiliary hoists driven by compressed air. The compressed air is furnished from a central plant containing six compressors, each having a capacity of 7,500 cu. ft. of free air per minute compressed to 90 lb. pressure in large receivers, and conducted by suitable pipe lines to the various hoists, the air being reheated before passing to the engines. Each of these compressors is driven by a 1,200-h.p. synchronous motor, directly attached to the drive shaft, and takes electric current at 2,200 volts. Two additional compressors are being installed,

Jan 1, 1914

By Thomas MacFarlane

In smelting copper, lead, and silver ores, it is scarcely possible in every case to make analyses of the various parcels of ore, with the view of combining these and the fluxes so accurately as to yield, in the furnace, slags of exactly the most favorable composition. This is even more difficult with ores which require previous calcination, or with mattes which have been roasted in heaps. Even in cases where the greatest pains have been taken and the most elaborate calculations made beforehand, it frequently happens that variations in the working of the furnace interfere with the result so much desired. Generally, the practical metallurgist must be content with ascertaining the average composition of his ores and fluxes, making a calculation once for all as to the most advantageous mixture, and leaving slight changes in its composition to be taken care of as it is passing through the furnace. The various products then afford him the best material whereon to base his judgment as to the manner in which his smelting mixture is working. Of course the character of the slag is one of his chief guides, but it is not always possible from its outward characters alone to form a correct judgment as to its composition. Neither would it be possible or practicable to apply chemical analysis for this purpose, as it would be impossible to wait for its results while working a furnace. Abich was, I believe, the first to point out the relation existing between the composition of volcanic rocks and their densities, and to show that, the latter being ascertained, very correct conclusions

Jan 1, 1880

OF no less importance nor less terrifying to consider than the marvelous effects of guns are those produced with fire by powder in underground mines. These are truly not only similar to fearful natural earthquakes, but it can perhaps be said that these made by art surpass the wrath of the earth with greater effect. For if the latter shakes it happens that it causes the things on the surface to shake and sometimes to fall into ruins, but the former not only shakes but always functions and destroys-surely a marvelous effect which is almost incomprehensible, and if experience did not demonstrate it, it could scarcely be believed. Who would say that the mountains, things of such great hardness, would yield to men, easily opening their bowels? Likewise, one who had not seen it would say that it was impossible for men to have a way of administering at will fearful and destructive thunderbolts which are of such a kind that, although men make them, they cannot protect themselves against them; indeed they cannot call themselves safe from the evilness of gunpowder even in mountains composed of very hard stones or in budded structures. For, as is seen, there is no seemingly impregnable fortress that does not yield when guns are brought near it. If it happens, indeed, that guns can- not be brought near to some place because of the harshness of the site,

Jan 1, 1942

By Robert H. Chapman

During the past two years the writer has been traveling in the Lewis and Clarke timber reserve, locating the boundaries and reference-monuments for the Geological Survey. The Lewis and Clarke reserve lies in northwestern Montana. The region is very mouutainous, the main range of the Rocky mountains passing through it, dividing the waters of the Columbia and Missouri rivers. The mountains do not rise in one important and well-defined backbone, but in a series of parallel ridges, striking nearly northwest and southeast. Between these ridges, and, in general, parallel to them, are the drainage-systems. Beginning at the west, the rivers are the Swan, emptying into the Flathead lake, the South fork and the Middle fork of Flathead river, both emptying into the main Flathead river, which, in turn, empties into the lake of that name. The continental divide passes through the reserve from the southeast corner to the middle of the northern boundary, and the stream of most importance east of it is the Sun river, which heads well toward the north, and flows southeasterly and then eastward, and, emerging from the mountains, flows across the great plain of' the Missouri river. The southern boundary is drained by the Big Blackfoot river, flowing westward; the northern boundary, by the several branches of the Flathead river. The accompanying map (which is only a sketch, and does not represent the final work of the Geological Survey in this forest-reserve) shows clearly the parallel systems of drainage and ridges. The westernmost mountain range, the Mission, divides the great valley of the Flathead from the Swan river valley. The

Jan 1, 1900

M. G. CORSON.'-I am not going to discuss any of the papers presented but merely the question of season cracking of brass in general. Alpha brass has been known for nearly 500 yr. and from the very beginning a number of articles were made from sheets of this alloy by the process of spinning. Metal turning lathes were not yet known but wood turning lathes already existed and the wood turners used to make the mandrils and do the brass spinning themselves. Cases of season cracking were known even then. In 1915 I was connected with a small company doing a certain amount of brass spinning. Before the war its products never gave cause for complaint but their war-time products were cracking too frequently. The reason was, that due to the exigencies of war an excessive speed-up was attempted and the material simply could not take it. Today corrosion cracking of brass is most important in the case of cartridges for small arms ammunition and shell cases for large guns. The cracking takes place in storage and too frequently it is explained by the hypothetical presence of vapors of ammonia. However, I had the experience of purchasing some 20,000 rounds for the old Vetterli rifle from the Swiss government in 1905. The rifle and the cartridges were obsolete for many years and those which I bought were stored for at least 10 yr. None of them was found to be cracked or to crack in use. And the reason again was in the amount of work used in manufacturing the cartridges between anneals. The machinery today is more powerful and the amount of

Jan 1, 1945

THE Section on Aerial Geologizing of the American Institute of Mining and Metallurgical Engineers convened on Monday afternoon, Feb. 17, 1936, during the Annual Meeting of the Institute. Mr. Theodore Marvin presided. CHAIRMAN MARVIN.-We hope to get through with the papers on the program in time so that you can examine the instruments that are dis-played here, and also the photographs and air views brought by the Fairchild people. This is what we might call the first bread and butter session "of the Aviation Committee. The group, as many of you know, was started at the request of the Board of Directors two years ago. We have had two sessions since then, both of them of a somewhat general nature, their pur-pose being to point out the reasons why mining and petroleum engineers should be more interested in the facilities of aviation. Today we have two papers. The first is one by Mr. Eliel, of the Fairchild Company's California branch. In Mr. Eliel's absence, Mr. Gale, of the Fairchild Company, will read it. C. H. GALE.-Before I begin to read Mr. Eliel's paper, I would like to point out two instruments that he mentions. One is what he calls the solar-navigator, a new type of aerial navigating device which he has developed for use in flying cameras in aerial surveys. Flying a camera at high altitudes over unfamiliar territory is a very difficult procedure and only a few pilots in this country can do it. So far as I know, this is the first time this device has been discussed in public. Another facility I want to refer to in advance is the use of the stereoplanigraph in making contour maps from photographs. This is an extremely interesting procedure, which we are appreciating more than ever at the present time.

Jan 1, 1936

By Albert Williams

A large proportion of the work performed in wet-crushing silver mills is devoted to the handling and re-handling of pulp between the battery and the pans. There seems to be no generally applicable substitute for the settling-tanks, and in the present system of constructing mills the tanks involve an amount of labor which may be regarded as disproportionate and unnecessary, in view of the automatic improvements which have been introduced in other directions. This diffculty has been met, however, by Boss's continuous process, in which the pulp flows directly from the mortars to the first of a series of constantly working overflow-pans. This method has been adopted at the Noonday mill, Bodie, California; the Harshaw, Arizona; the Sierra Grande, New Mexico ; and the Prietas, Sonora. The continuous process, while giving excellent results with special ores, and under peculiar local conditions (such as a deficiency in water supply), is not, I believe, claimed to be available for all raw-amalgamating mills, notwithstanding its well-merited popularity for certain work. Some trouble has been experienced from the tendency to concentration in the pans, though this can be avoided by skilful manipulation. It has also the disadvantage inherent in combinations of distinct operations ; it requires a very nice adjustment of the water supply to obtain full battery efficiency without running the pans too thin, though the latter defect is partially compensated for by the gradual thickening of the pulp as it proceeds through the series of pans. The objection is similar to that which holds in a parallel duplex process, that of combining roasting and smelting in a single furnace, where each operation is injuriously affected by the necessity of fitting it in with another and entirely different one.

Jan 1, 1883

BLAMEY STEVENS, Nogales, Ariz. (written discussion *).-This subject should be approached boldly from the purely physical standpoint. There are usually many known ways of making chemical deposits of any particular mineral and probably many more ways that are still unknown. With-physical-effects; .however, there-are, in-general, only one or two, or possibly three, ways that will pass muster before the physicist, when he realizes the geological conditions to be harmonized with the physical ones. Let us consider the second way that Mr. Taber describes: "It (the mineral matter transported in solution) may enter along a fracture, bedding plane, or similar passage, and, as it is deposited, force the wall rock apart, thus making room, for the growing vein," because it is the one Mr. Taber chooses for the great bulk of metalliferous veins. By "forcing the wall rock apart" Mr. Taber indicates that he means that the process of crystallization or-solidification of the mineral in the vein forces the walls apart. To prove this, he offers a great variety of geological evidence, which, from the physical standpoint, is entirely superficial. From the geological standpoint the evidence is the best to be had, but it is entirely negative and one single grain of really positive evidence will entirely offset it. Suppose it be granted that there is a considerable force of crystallization. It is well known among physicists that, other circumstances being equal, the crystal would rather form where it does not have to exert that pressure; or, to be more exact, where it is not necessary for the crystal to

Jan 12, 1918

By Axel Sahlin

The day is long past when linen and cotton rags were the exclusive raw material of the paper-trade. Wood-fiber, chemically or mechanically prepared, straw, hemp and Esparto grass have largely supplied the demand, which the old materials did not suffice to fill. But even these newer fibers have been of late supplanted, to some extent, by mineral pulp. Weighting and filling materials have also been resorted to, partly to give body to the fabric, partly to increase its weight and reduce the cost per pound. China clay, sulphate of lime and soapstone have generally been employed as loading materials. Even though these materials lack fiber, their addition must by no means be viewed, as it too generally is, entirely as an adulteration. No doubt, to a certain extent, they weaken the paper ; but for ordinary grades the addition of these non-fibrous substances is a positive advantage, as they close the pores between the fibers and lend to the paper a great degree of opaqueness and a superior finish. Fibrous talc, as a form of pulp, has the same effect, without appreciably weakening the paper. When, therefore, some fifteen years ago, fibrous talc in large quantities, and of marvellous purity and whiteness, was discovered in the neighborhood of the town of Gouverneur, it was not long before the

Jan 1, 1893

By Gerhard Derge

A SERIES of studies of the corrosion of tin is under way in the Metals Research Laboratory at the Carnegie Institute of Technology. The complete program includes examination of the corrosion properties of high-purity tin and the changes produced in these properties by the addition of varying amounts of alloying elements. Other studies of this subject have been made recently under the sponsorship of the Inter-national Tin Research and Development Council, but these researches have been confined largely to the weakly acid environments commonly encountered in the canning industry.1 There is little information avail-able regarding the corrosion of tin under alkaline conditions, but such data would be of value, for a large amount of the metal is used under such conditions. The potential measurements to be described were made because they seemed to offer the most rapid method for obtaining a general view of the conditions to be encountered in such service. These experiments will also serve to establish a technique that will be of value in further studies. It must be emphasized that the results reported are those of controlled laboratory experiments and that the conclusions drawn cannot yet be applied to service conditions; rather, they point to the directions in which, more exhaustive experimental work may be clone to best advantage.

Jan 1, 1938

By R. W. Raymond

Samson Jordan was born at Geneva, Switzerland, June 23, 1831. At the age of 20 years he entered the Ecole Centrale des Arts et Manufactures, at Paris, from which he was graduated with high honors in 1854. After some months of service with the Compagnie du Chemin de Fer du Nord, he was employed (upon the recommendation of his former instructor, Prof. Burat, who had recognized his remarkable ability) at the mines of Portes, belonging to the Société de l'Elairage au Gaz et des Hauts Fourneaux, etc., of Marseilles, and subsequently to construct the St. Louis iron blast-furnaces of that Co. After finishing this work, he remained at Marseilles as a member of the directory of the Co., particularly connected with the development of its mines. In 1862 he became the general advisory engineer of the Co., and still later (1873) its general manager (Administratet~r), a position which he retained until his death, February 24, 1900. He became subsequently Administrateur of other important French industrial enterprises, including those of the Compagnie des Naut Fourneaux, Forges et Aciéries de Denain et Anzin, and the Compagnie Banco-Belge des Mines de Somorrostro ; and he was also, at various times, President of the Société technique du Gaz, Vice-President of the Comité des Forges de France, mepber of the Council of the Société d'Encouragement pour l'Industrie nationale. In all these positions, it is the unanimous testimony of his colleagues that he was no mere ornamental figurehead, but a profoundly wise, practical and industrious laborer and adviser, both patient and keen in the mastery of details, yet at the same time competent to apprehend the wider bear-

Jan 1, 1902

Under date of Sept. 30, the following open letter was addressed to the Members of the Colorado Section of the American Institute of Min-ing and Metallurgical Engineers by a Colorado Committee: At a meeting of the Colorado Section of the American Institute of Mining and Metallurgical Engineers, held on Friday, Sept. 19, a reso-lution was unanimously passed condemning the Engineers' Licensing Bill passed at the last session of the State Legislature, and requesting the Chairman to appoint a Committee to act in conjunction with the other National Engineering Societies and the Colorado Metal Mining Associa-tion, with a view to securing its repeal at the extra session of the Legis-lature which the Governor has expressed his intention of calling. It may be within your knowledge that the bill in question was passed by the Legislature and signed by the Governor without the knowledge of any of the National Societies, and of few if any of their members. Under its provisions residents of other states cannot even come into this to examine a mine without securing a license, and aliens (among whom are many honored members of, the profession in Colorado) cannot obtain such a license at all. The mining industry in this state needs the coopera-tion of outside engineers, and we should welcome any assistance from them that will tend to develop our resources. To attempt to discourage the activity of visiting engineers will inevitably react on us, and brand the state as being hostile to brains and capital from outside. The difficulty of securing a license will prove a serious handicap to young engineers starting out in the independent practice of their profession. Moreover, a license issued to au engineer qualified in one branch will entitle him to practice in any other: so that the license is apt to mislead the public.

Jan 11, 1919

By J. H. Slater

THERE is nothing particularly new about the use of sinter in a blast-furnace burden. For many years flue dust has been sintered at the various blast-furnace plants to put it in a form that could be recharged to the furnace with some assurance that it would stay in the second time. This paper is not a compilation of scientific data but only an attempt to give our experience with sinter. There are some unexplained discrepancies in the tests given here, such as the flue dust produced and iron tonnages, but the results given are the results that were obtained. Sinter is not the cure-all for blast-furnace problems. A good coke is still the most important factor in good furnace operation. However, good sinter is a big help. As flue dust is produced under varying operating conditions and fluctuates greatly in carbon content, it is difficult to produce from flue dust alone a uniform sinter, which will give satisfactory blast-furnace results. Sinter made from flue dust alone will change in character with every carbon variation. Almost invariably flue dust con-tains carbon in excess of the amount necessary to make good sinter, and this excess must be burned out, This, of course, necessitates reduction of the speed of the sintering machine and thus a decrease in tonnage, An alternative is to dilute with a carbon-free material to use up the excess carbon. High-carbon material when sintered results in a very dense, undesirable prod-uct, since the excess heat melts the charge into a hard, nonporous mass, and tends to form refractory silicates.

Jan 1, 1940