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By William C. Brice

Minnesota is involved in planning controversies related to taconite and potential copper-nickel mining. Mine facility planning includes the Reserve dining on-land tailings disposal issue and the potential for a new copper-nickel mining district. Both provide a unique opportunity for innovative planning in the attempt to be responsive to public and private interests. Concerns that emanate as a result of mineral resource activities include environmental protection, land use competition, land exchanges, highway and utility extensions, and legal constraints on public or private lands. The purpose of this newly-developed planning approach is to anticipate such issues and provide a rational information base for dealing with them. The result will be a framework plan for guiding public planning, and an impact assessment for reviewing the implications of industrial project proposals. The approach uses a computer-stored resource inventory of natural and cultural information. Geographic data is mapped and entered into a computer storage and retrieval system. This enables systematic analysis of mineral resources along with environmental and land use considerations. Computer mapping describes the relationship of each activity and allows identification of potential conflicts; it also shows geographical extent in the form of statistical compilations. Resource data is being collected and compiled using a standard metric grid (Universal Transverse Mercator). Individual cells are 100 m. squares and represent areas of about 2.5 acres. The study area contains about 145,000 cells. Data inventories are being compiled in 25 natural and cultural resource categories. Geologic variables include Bedrock Geology, Taconite Reserves and Potential Resources, Depth to the Duluth Complex Contact and two soil inventories. Topographic and hydrologic variables include elevation, slope, slope orientation, surface hydrology, and watersheds. There are also 6 biological data variables and 7 land use inventories.

Jan 1, 1977

By S. G. Lasky

W E seem to have assumed the careless habit in recent years of treating mining geology as synonymous with exploration geology, and exploration synonymous with exploration for new deposits-to be forgetting that mining geology includes also the geologic control or guidance of day-by-day mining operation. In the publicized romantic spotlight of the search for new deposits, we forget the man with the dirty over-alls, grubbing away at the daily tasks of finding new shoots and of helping to keep production up and cost down. During 1949, as in previous years, the resident geologist continued his quiet efficient functioning while the exploration geologist continued to stay in the spotlight-although this time he shared it with what may be called the resource-appraisal geologist. Many broad problems of national import such as tax modification, the operations of the Economic Cooperation Administration, and certain international relations have come up against an unexpected factor lurking in the background, namely, appraisal of world and domestic reserves and latent resources. T. M. Broderick opened the year with his address as retiring president of the Society of Economic Geologists, wherein he analyzed the problems of exploration geology listing among them "the shortcomings of the geologists themselves, of the educators, the mining companies, our Published by permission of the Director, U. S. Geological Survey. technical publications, the Federal Survey and Bureau of Mines, and the property owners."

Jan 1, 1950

By Leonid V. Azároff, H. N. Murty

In the course of investigating the soft X-ray absorption spectra of Ni-A1 alloys, Das and ~zfiroff' observed an anomalous brittleness in solid solutions containing 3 to 5 at. pct Al. The brittle alloys also had anomalously larger lattice constants' and the fine structure at the nickel K edge of an alloy containing 3.96 at. pct A1 unexpectedly resembled that of NiA1 more closely than that of a solid solution containing 5.51 at. pct Al. This led them to suggest the possibility that short-range ordering was produced during the homogenization anneal to which each specimen was subjected, similar to that observed in dilute solutions of vanadium and of chromium in nickel: as the principal cause of embrittlement. It was decided to repeat the above measurements on several alloys in this composition range in order to test the above hypothesis and to establish the effect of heat treatment on the alloys' properties. Three solid solutions in this range were prepared containing, respectively, 3.16, 4.00, and 4.54 at. pct Al, in addition to alloys containing 6 and 9 pct. All samples were annealed in vacuum at 1800°F for 100 hr and then furnace-cooled to room temperature, as in the original study. The lattice constants of these alloys are shown by open circles in Fig. 1 and can be seen to fit quite closely the curve established by the previously measured values, indicated by solid circles. (The experimental errors are of the order of the size of the circles, +o.oo~R.) The three alloys containing 3 to 5 at. pct A1 were found to be quite brittle, as previously reported. In order to test the possibility of ordering, these three solid solutions were again heated to 1800°F and, following a few hours at that temperature, were quenched directly to room temperature. All three alloys lost their brittleness. In order to verify the proposed ordering hypothesis, it was decided to subject each sample to several cycles of quenching and annealing (disordering and ordering). After some experimentation, it was established that reproducible results could be obtained by anneal-

Jan 1, 1968

The following list comprises the names of those persons who became members during the period May 10, 1919, to June 10, 1919. ALAYZA, CARLOS Box 850, Lima, Peru, S. A. BALLARD, P. A Surveyor, Midwest Refin. Co., Custer, So. Dakota. BARNEBL, A. J., JR.... Mech. Eng., The Dorr Co., 101 Park Ave., New York, N. Y. BILLINGS, GOODSELL Platteville, Wis. BRONSON, C. B., Mech. & Met. Engr., New York Central Lines, Room 1520, Grand Central Terminal, New York, N. Y. BUNCE, E. H Met., The New. Jersey Zinc Co., Palmerton, Pa. CHARLTON, D. E. A., Editorial Staff, Engrg. & Mm. Journals 10th Ave. & 36th St., New York, N. Y. DAVIS, JOHN N., Supt. of Mills, Engels Copper Min. Co., Engelmine, Plumas Co., Cal. DUKES, GLENN H., Chief Engr., The Sunday Creek Coal Co.,1001 Outlook Bldg., Columbus, Ohio. ERICKSON, ARTHUR .... Engr., United Smelt., Refin. & Min. Co., Mldvale, Utah. FLYNN, A. E Supt., Rand Consolidated Mines, Ltd., Goudreau, Ont., Canada. HIBBARD, WALTER R 63 Ashley St., Bridgeport, Conn. HOBSBAWN, I. BERKWOOD, Cons. Tech. Chem., Messrs. Gibbs. & Co., Valparaiso, Chile, S. A.

Jan 7, 1919

THE meeting was opened, Tuesday evening, May 25th, by an address from the President, R. W. Raymond. The following persons having been duly proposed for members and associates of the Institute, were recommended by the Council for election. They were unanimously elected MEMBERS. Florian Alexander, - Newark, N. J. Charles A. Ashburner, - Philadelphia, Pa. Phineas Barnes, - Pittsburgh, Pa. J. Y. Bergen, - Chicago, 111. Leopold C. Bierwirth, - Dover, N. J. Charles E. Billin, - Philadelphia, Pa. Jerome L. Boyer, - Temple, Berks County, Pa. William S. Cherry, - Streator, Ill. Thomas Couch, - Salt Lake City, Utah. W. S. De Camp, - Boonton, N. J. Thomas Donaldson, - Boise City, Idaho. H. Firmstone, - Longdale, Va. Franz Fohr, - New York City. Richard George, - Dover, N. J. John M. Hartman, - Philadelphia, Pa. C. W. Kempton, - Newburyport, Mass. James B. Lewis, - Dover, N. J. James F. Lewis, - Amenia, Dutchess County, N. Y. Arthur H. Meyer, - St. Louis, Mo. Edward H. Morrison, - Boonton, N. J. Charles J. Norwood, - Lexington, Ky. John R. Peters, - Dover, N. J. Charles I. Rader, - Vinton Furnace, Ohio. W. M. Rees, - Stockton, Luzerne County, Pa. George Richards, - Dover, N. J. Alexander H. Sherrerd, - Scranton, Pa. W. S. Sweeny, - Easton, Pa. W. J. Taylor, - Chester, N. J. Walter Tefft, - Mineville, Essex County, N. Y. J. Alexander Tyler, - New York City. J. D. Weeks, - Pittsburgh, Pa. William Wheatley, Jr., - New York City. Moses D. Wheeler, - Virginia, Nevada. Henry Woods, - Streator, III.

Jan 1, 1876

By D. W. Loughridge

INTRODUCTION Raising capital in the 1990s is a timely subject. However, many of us thought why should raising capital in the 1990s prove to be unlike it was in the 19805, the 1970s, the 1%0s, or earlier? There are a lot of creative people in banking and in corporate treasury departments. New tools and techniques are continuing to emerge, many of which are discussed in other papers in this book. While we have new financing tools at our disposal, the underlying issue has not changed. Projects and investments must be judged on their own merits. If they cannot be justified by conventional financial analysis, they should not be built. If they can be justified, it is likely that the financing will be available. The challenges faced in raising capital in this decade will persist to the next. The issues of the 1980s -- currency fluctuation, disruptive merger and acquisition activity, commodity price volatility, political risk, and debt crisis -- will all persist in an increasingly international business environment. I will focus on the financing we have just completed for the Escondida Copper Project in Chile. The Escondida financing is structured along the classic project financing model developed in the late 1970s, but it deals with issues of the 1980s and the 1990s. The financing was intriguing, not just because of the technical issues involved, but also the challenge of reaching an agreement in a large and diverse group. Escondida had the one essential feature that made its financing possible. It was commercially very attractive. It would produce at low cost a commodity (copper concentrates) that direct consumers felt would be in tight supply. The project had the direct support not only of its sponsors, but also its customers, and, very importantly, its host government. The non- recourse financing of Escondida would not have been possible without the support of these parties, and without the robust economics that made this effort worthwhile. The issue was more complicated. Operations in all parts of the world entail some political exposure. This project is in Chile, where there was a constitutional requirement that a plebescite be held when the project would be in its early stages. This plebescite would determine the fate of a 15 year old military dictatorship. The project is copper, a commodity generally deemed to be in surplus. Copper has a history of price volatility (whose price has varied from $.58 to $1.53 per pound over the past two years). It is politically sensitive, not only in Chile, but in the United States, Canada and other developed countries. The project is international, with all the problems of dealing with a variety of currencies, a variety of cultures, and a variety of laws and commercial practices. The project is also large and capital intensive, with a total cost of U.S. $1.1 billion. ESCONDIDA PROJECT Escondida, the largest known copper ore body in the world, was discovered in March of 1981, by Utah International in a joint venture with Getty Oil Company. In 1984, both Utah and Getty were involved in ownership changes, Utah being acquired by BHP. A later restructuring of the ownership of Escondida resulted in BHP, as manager, carrying a 60% interest, Rio Tinto-Zinc Corporation (RTZ) 30%, and a consortium of Japanese companies led by Mitsubishi Corporation with 10%. The Japanese consortium is incorporated as JECO (Japan Escondida Corporation). This ownership structure, which spread ownership around the world, was the first tangible step toward managing both the commercial and political risk associated with the project.

Jan 1, 1990

Iron Ores and Blast Furnace Practice Concentration of Iron Ores in the United States. By T. R. Counselman. (Metals Technolog), December 1943) Selection of Blast-furnace Refractories. By Hobart M. KrANer and E. B. Snyder. (Metals Technology, April 1944) The Washing of Pittsburgh Coking Coals and Results Obtained on Blast Furnaces. By C. 1). King. (Metals Technology, September 1943) Steelmaking The Role of Basic Slags in the Elimination of Phosphorus from Steel. By Richard L. BArrett and William J. McCaughey. (Metals Technology, April 1944) The Relative Deoxidizing Power of Boron In Liquid Steel and the Elimination of Boron in the Open-hearth Process. By B. W. Gurry. (Metals 'Technology, December 1943) Manufacture and Properties of Killed Bessemer Steel. By C. C. Wright. (Metals Technology, June 1944) Hardenability Effect of Sixteen Alloying Elements on Hardenability of Steel. By Irvin R. Kramer, Robert Hafner and Stewart L. Toleman. (Metals Technology, September 1943) Effect of Quenching Temperature on the Results of the End-quench Hardenability Test. By Clarence E. Jackson and Arthur L. Chrjstenson. (Metals Technology, December 1943) Effect of Some Elements on Hardenability. By Walter Crafts and John L. Lamont. (Metals Technology, January 1944) Effect of Several Variables on the Hardenability of High-carbon Steels. By I?. S. Rowland, J. Welchner and R. IS. Marshall. (Metals Technology, January 1944) Mechanical Properties Influence of Hydrogen on Mechanical Properties of Some Low-carbon Manganese-iron Alloys and on Hadfield Manganese Steel. By Herbert H. Uhlig. (Metals Technology, June 1944) Aging and the Yield Point in Steel. By J. R. LOW, Jr., and 14. Gensamer. (Metals Technology, December 1943) Tensile Properties of Medium-carbon Low-alloy Cast Steels. By H. A. Schwartz and W. Kenneth Bock. (Metals Technology, August 1944) Variables Affecting the Results of Notched-bar 1mpct Tests on Steels. By CLarence 15. Jackson, MYRon A. Pugancz and Frank S. McKenna. (Metals Technology, August 1944) The Notched-bar Lmpact Test. By John H. Hollomon. (Meta1s Technology, April 1944) Hardness Measurement as a Rapid Means for Determining Carbon Content of Carhon and Low- alloy Steels. By K. L. Clark and NIcHols Kowall. (Metals Technology, January 1944)

Jan 1, 1944

Iron Ores and Blast Furnace Practice Concentration of Iron Ores in the United States. By T. R. Counselman. (Metals Technolog), December 1943) Selection of Blast-furnace Refractories. By Hobart M. KrANer and E. B. Snyder. (Metals Technology, April 1944) The Washing of Pittsburgh Coking Coals and Results Obtained on Blast Furnaces. By C. 1). King. (Metals Technology, September 1943) Steelmaking The Role of Basic Slags in the Elimination of Phosphorus from Steel. By Richard L. BArrett and William J. McCaughey. (Metals Technology, April 1944) The Relative Deoxidizing Power of Boron In Liquid Steel and the Elimination of Boron in the Open-hearth Process. By B. W. Gurry. (Metals 'Technology, December 1943) Manufacture and Properties of Killed Bessemer Steel. By C. C. Wright. (Metals Technology, June 1944) Hardenability Effect of Sixteen Alloying Elements on Hardenability of Steel. By Irvin R. Kramer, Robert Hafner and Stewart L. Toleman. (Metals Technology, September 1943) Effect of Quenching Temperature on the Results of the End-quench Hardenability Test. By Clarence E. Jackson and Arthur L. Chrjstenson. (Metals Technology, December 1943) Effect of Some Elements on Hardenability. By Walter Crafts and John L. Lamont. (Metals Technology, January 1944) Effect of Several Variables on the Hardenability of High-carbon Steels. By I?. S. Rowland, J. Welchner and R. IS. Marshall. (Metals Technology, January 1944) Mechanical Properties Influence of Hydrogen on Mechanical Properties of Some Low-carbon Manganese-iron Alloys and on Hadfield Manganese Steel. By Herbert H. Uhlig. (Metals Technology, June 1944) Aging and the Yield Point in Steel. By J. R. LOW, Jr., and 14. Gensamer. (Metals Technology, December 1943) Tensile Properties of Medium-carbon Low-alloy Cast Steels. By H. A. Schwartz and W. Kenneth Bock. (Metals Technology, August 1944) Variables Affecting the Results of Notched-bar 1mpct Tests on Steels. By CLarence 15. Jackson, MYRon A. Pugancz and Frank S. McKenna. (Metals Technology, August 1944) The Notched-bar Lmpact Test. By John H. Hollomon. (Meta1s Technology, April 1944) Hardness Measurement as a Rapid Means for Determining Carbon Content of Carhon and Low- alloy Steels. By K. L. Clark and NIcHols Kowall. (Metals Technology, January 1944)

Jan 1, 1944

By Alfred R. Powell

Late in 1944 a group of petroleum and coal technologists was organized in Washington under the sponsorship of the Petroleum Administration for War and the U. S. Bureau of Mines. This group, known as the Technical Oil Mission, was placed under the authority of the Technical Industrial Intelligence Committee of the Joint Chiefs of Staff, which was then promoting the organization of other missions to be sent to Germany to obtain technical information regarding various industries in that country. The objective of the Tehnical oil Mission was to obtain technical data on German production of synthetic oil from coal and all other commercial practices and research projects connected with the oil industry. The primary purpose was to obtain such data as were immediately essential to assist the war against Germany and Japan, with secondary emphasis on technical information that would assist American industry after the end of the war. since oil-production facilities in Germany and the occupied countries controlled by Germany were the top targets for strategic bombing, the Technical Oil Mission was the first group under the Technical Induslrial Intelligence Com,mittee to enter Germany. A few members of the group flew to London in February 1945 and the majority of the remainder followed in March. In London they were joined by an equal number of British investigators and the combined mission was then sent into Germany under the authority of the Combined Intelligence Objectives Subcommittee (CIOS). A summary of the more important information gained by this combined British and American mission is presented below. German Oil Production The oil available to Germany, both natural and synthetic, and including production from occupied countries, reached a peak in late 1943 and early 1944 Production at this time was at the rate of 1,200,000 metric tons Per month, equivalent to 100,000,000 bbl. per year, or about 7 per cent of the wartime production in the United States. Of this production, jo per cent was crude oil from Romania and Hungary, 12 Per cent was crude oil from Germany itself, including Austria, 9 per cent cumprised coal-carbonization products, that is, tar and light oil, and only the remaining 29 per cent was synthetic liquid fuel made from coal or tar. Synthetic liquid fuel made in Germany was equivalent therefore to less than 2 per cent of wartime production of crude oil in the United States. The success of the strategic bombing campaign against German oil-production facilities is demonstrated by the fact that by September 1944 the Ploesti fields of Romania and much of the syrlthetic oil production had been eliminated, so that the amount of oil available to the German war machine was only 25 per Cent of the peak qualltity mentioned above. By early 1945, when the combined British and American oil mission was entering

Jan 1, 1947

By Alfred R. Powell

Late in 1944 a group of petroleum and coal technologists was organized in Washington under the sponsorship of the Petroleum Administration for War and the U. S. Bureau of Mines. This group, known as the Technical Oil Mission, was placed under the authority of the Technical Industrial Intelligence Committee of the Joint Chiefs of Staff, which was then promoting the organization of other missions to be sent to Germany to obtain technical information regarding various industries in that country. The objective of the Tehnical oil Mission was to obtain technical data on German production of synthetic oil from coal and all other commercial practices and research projects connected with the oil industry. The primary purpose was to obtain such data as were immediately essential to assist the war against Germany and Japan, with secondary emphasis on technical information that would assist American industry after the end of the war. since oil-production facilities in Germany and the occupied countries controlled by Germany were the top targets for strategic bombing, the Technical Oil Mission was the first group under the Technical Induslrial Intelligence Com,mittee to enter Germany. A few members of the group flew to London in February 1945 and the majority of the remainder followed in March. In London they were joined by an equal number of British investigators and the combined mission was then sent into Germany under the authority of the Combined Intelligence Objectives Subcommittee (CIOS). A summary of the more important information gained by this combined British and American mission is presented below. German Oil Production The oil available to Germany, both natural and synthetic, and including production from occupied countries, reached a peak in late 1943 and early 1944 Production at this time was at the rate of 1,200,000 metric tons Per month, equivalent to 100,000,000 bbl. per year, or about 7 per cent of the wartime production in the United States. Of this production, jo per cent was crude oil from Romania and Hungary, 12 Per cent was crude oil from Germany itself, including Austria, 9 per cent cumprised coal-carbonization products, that is, tar and light oil, and only the remaining 29 per cent was synthetic liquid fuel made from coal or tar. Synthetic liquid fuel made in Germany was equivalent therefore to less than 2 per cent of wartime production of crude oil in the United States. The success of the strategic bombing campaign against German oil-production facilities is demonstrated by the fact that by September 1944 the Ploesti fields of Romania and much of the syrlthetic oil production had been eliminated, so that the amount of oil available to the German war machine was only 25 per Cent of the peak qualltity mentioned above. By early 1945, when the combined British and American oil mission was entering

Jan 1, 1947

By John Conley

THE production of lime by the burning or calcination of limestone, including all varieties from true dolomites and magnesian limestones to high-calcium types, continues as one of the essential basic industries. In 1937, a total of 4,124,165 tons of lime valued at approximately $30,091,000 was produced in the United States.1 The importance of any contribution to our knowledge on the mechanism of the lime-burning process is, therefore, obvious. The burning of limestone has been practiced since the earliest days of our civilization, and the literature on the various phases of the industry is voluminous. Calcination of the various types of limestone has been studied by many previous investigators, but some points require addi-tional research. Each occurrence of limestone provides an opportunity for specific investigation, because the characteristics of stones in different localities vary. Knibbs13 has given an excellent discussion of available data on the theory of lime and magnesia burning. The thermal dissociation of calcium carbonate has been studied more recently by Johnston,2 Smyth and Adams,3 Ralston et al.,4 Furnas,5 Potapenko,6 and Southard and Royster.7 As a result of these investigations the dissociation temperature at atmospheric pressure has been established as 894° to 898° C. The dissociation of dolomite and magnesite, although studied by several investigators, 4,6,8 still requires clarification by additional data. The calcination of limestone was studied for a twofold purpose: (1) to extend our information on the mechanism of the lime-burning process and (2) to standardize the conditions for calcination of high-calcium and dolomitic limestones for subsequent hydration tests on the lime.

Jan 1, 1939

By D. G. Brubaker

IN the history of geophysical exploration by the electromagnetic method many procedures and types of equipment have been used. Source arrangements for surveying on the ground have included long wires grounded at both ends, large loops laid on the ground, small horizontal loops, and vertical loops of moderate to small sizes. Receivers have ranged from simple direction-finding coils to combinations of coils and a bridge circuit to measure quantities related to both amplitude and phase of the received signal. Primary considerations in choosing a survey method are effectiveness, speed, and economy. In work on the ground in which locating and outlining conducting bodies is the objective, methods using a vertical coil and a simple direction-finder have been found the most satisfactory. Mason1 and his associates applied such a method by setting up a vertical source loop, fed with low frequency alternating current by an engine-generator set. With a direction-finding receiver they surveyed lines along the ground in the plane of the loop, taking measurements at each station of the azimuth and inclination of the magnetic field direction. Deviations of this direction from the normal direction, that is, from horizontal and perpendicular to the traverse line, indicated a conducting body. Recent advances in design of light-weight generating equipment have encouraged using this and similar methods. In 1950 W. H. Westphal and the present writer developed a variation of this method and the apparatus for carrying it out. Their ideas were also based on experience with the Boliden Mining Co. method, which uses a small source coil and a vac- uum tube oscillator. The new procedure uses a small vertical source coil, powered by a vacuum tube oscillator, apd a direction-finding receiving coil. Source and receiver are kept a fixed distance apart and move as a unit along the survey lines. At each receiver station only the inclination of the magnetic field created by the source is measured. Source Unit: The source coil and a small vacuum tube oscillator together weigh about 45 lb. The source coil consists of about 60 turns of 10-gage

Jan 1, 1958

By P. W. Guild

DURING 1956 the application of geology and related scientific disciplines to the search for new mineral deposits went forward on an ever widening front. Spurred on by record-breaking consumption of many of the established commodities and new uses for minerals and metals that were hardly known a few years ago, the profession is figuratively leaving no stone unturned in the effort to insure that adequate raw material supplies will be avail- able for the future. More money was spent and more people were engaged along more lines of research than ever before. A huge project to map much of the Canadian Shield area by photogeologic methods stands at one extreme; application of isotope ratios to ore finding stands at the other; between them the more traditional techniques are being increasingly refined. In the Fiftieth Anniversary volume of Economic Geology, published late in 1955, Alan Bateman sketches the development of fundamental concepts as recorded in the pages of the journal over the first five decades. An additional 24 review articles cover individual aspects of the field and constitute a base for further advances.

Jan 2, 1957

F. C. HENDERSCHOTT,* New York, N. Y.-I am going to take, as the text of what I shall discuss, a portion of the second paragraph of Mr. Stanford's paper. It read as follows: "The most vital need of the management is for more brains. The logical course for an engineer ;in charge of an industrial organization is, therefore, to direct whatever forces may be at his command toward the development, training and guiding of-all the brains in his organization. This is easier said than done, for it involves the carrying on toward two objectives, the maximum of productive work and the development of the individuals, who perform it;" and the last sentence of the paper; "Industry has no greater asset than an intelligent workman." The United States of America, at the outbreak of the present war, had the best equipment of any nation in the world. That statement holds not only for our -shops and our transportation systems and our stores and our farms and our homes, but it holds generally.. There was no other nation in. the world that had so good equipment as the United States. There was no other nation in the world that could be called progressive that has such poorly trained workers as the United States. Even Norway, Denmark, Sweden and New Zealand ranked ahead of us. Now that is the, problem, generally speaking, and there was recognition of that fact, a growing recognition which-took form, and one of its forms was what we call the corporation school. Now obviously a corporation has no particular educational functions, but as is said in the closing sentence of Mr. Stanford's paper, or as is implied, an industrial institution is, after all, the reflection of the aggregate of the efficiency of the individuals who compose that organization. There is no way of getting away from that. If your individuals, from your president down, are efficient, if your individual has developed his brains, if he is a trained man, you have got an efficient organization, and if you haven't that condition, you have got weaknesses and your organization is no stronger than those weaknesses. I maintain that the same thing holds for a nation; .a nation is as efficient as the collective efficiency of the individuals who compose the nation, and no more so.

Jan 4, 1918

By Roswell Johnson

To know the rate of decline of oil wells is very important, yet ordinarily we are prevented from getting this rate because the oil from several wells is put into one or a few tanks as soon as the wells have been connected to the power. The object of doing this is economy of tanks, pipes, labor and accounting. FIG. 1. But we are making a great sacrifice for this small economy. The advantages of the individual records are that we would know better: 1. When the well has ceased to be profitable. 2. When a well has gotten into bad condition. 3. The real record of the yield per acre and the rate of decline of the wells. The lease total is too mixed as to age of the wells for existing records to have much significance. To obtain such individual well records and more accurate logs are the great desiderata of satisfactory management of oil properties. 4. Which wells show the slowest decline-information which is valuable in locating new wells or purchasing adjoining leases.

Jan 6, 1917

By Richard J. Gowen

THE FUTURE The environment in which we live appears to change so slowly that most of us are unaware that any change has occurred at all. As the years pass, we notice increasing smog in our cities, new variations in weather, the shifting landscape with changing populations, and subtle but ever present alterations in the quality of life. In considering the future of our environment, we find we must grapple with questions concerning the very future of life as we know it today. Questions of resources, technology, society, governance, and purpose. Let us focus on the future of our environment and, in particular, raise the question of who is responsible for the environment. We know that action, or lack of action, will clearly influence our future environment. It is fashionable to catalog the many short-sightedness of our forefathers in developing the technologies which support the style of living to which we have become accustomed. However, I shall struggle to resist the temptation to list the well known ills of our present environment. Rather, let us concentrate on the future in our consideration of the priority of the multitude of options proposed to relieve our current energy crisis. We have recently witnessed the dramatic effects of air pollution produced by Mount St. Helen's eruptions. In the state of South Dakota, we watched our blue skies turn hazy and felt our eyes sting with the presence of volcanic ash. We were appalled at the dramatic effects on the landscape, crops, transportation, and all aspects of life in communities immediately downwind of the volcanic eruption. But in a few weeks, life had returned to near normal on the earth's surface leaving the volcanic ash in the atmosphere to ultimately

Jan 1, 1983

A. W. TRACY' AND D. H. THOMPSON (presented in written form).-Messrs. Ed¬munds, Anderson and Waring are to be commended for their excellent work in so painstakingly reducing to constants, the variables believed to be associated with these types of stress corrosion. An ammonia stress-cracking apparatus similar in many respects to the one described has been assembled. Certain aspects of its construction may be of interest. Tensile loading of the specimens, which are usually Y8-in. diameter wires, is accomplished by springs acting in compression in compact, portable, tubular assemblies weighing less than 10 lb. The lower end of each assembly contains the test specimen and is passed into the test chamber for exposure to the moist ammoniacal atmosphere. There is considerable convenience in being able to load the specimens in a portable unit, which may be warmed to prevent condensation, and then thrust instantaneously into the test chamber. Spring loading obviates the use of weights, but it has the disadvantage of allowing some relaxation of the load if the specimen elongates during corrosion. The maximum loss in load found so far was 20 per cent. The air supplied to the test chamber is humidified by passing it through thermo¬statically controlled water. The air is dispersed into fine bubbles by being forced through a porous ceramic filter at the bottom of a tank containing about 10 liters of water. The temperature of the water is controlled independently of the tempera¬ture of the test chamber. Thus, with the

Jan 1, 1945

By Walter Miller

Although confident of its ability to meet any demands that may be made, the petroleum-refining industry is not complacent about the situation and realizes that the quantities of petroleum products to be furnished are so enormous and so far beyond what was previously estimated that the full cooperative effort of the industry must be exerted. Establishment by the President in May of the Office of Petroleum Coordinator for Defense with Secretary of the Interior Ickes at its head, plus the formation of the Petroleum Industry Council for Defense, in November, provide the channels for united endeavor within the industry and the means for gearing that endeavor in full harmony with the nation's needs. Great strides have been made and a rapid understanding of the situation and the magnitude of the task is being attained by all concerned. Refining, by constant study and development, by willingness to experiment and install new processes, and to replace older plants with more efficient equipment, had kept on a high plane of efficiency and progress. Working under the free competitive system, it built up its establishments until, as expressed in last year's report, it was easily able to supply any domestic demand that might be placed on it. Turning the United States into the arsenal not only of itself but of the united nations resisting aggression, however, in- creased the call for practically all petroleum products and in particular 100-octane aviation gasoline and high-viscosity aviation lubricating oils. Refining Capacity With over four million barrels a day of crude oil being charged to stills at the year's end, oil refining had broken all records and faced the necessity of further increasing its size to supply the ever-increasing demand for products, some of which, like 100-octane aviation gasoline, were research laboratory curiosities a few years ago. Although the refining capacity of the United States is listed at 4,860,000 bbl., about 800,000 bbl. of this is economically unavailable because of plant location or type. To meet the increasing needs, additional capacity of another half million barrels may have to be built in suitable locations and designed with an eye toward maximum production of aviation gasoline but with inherent flexibility to make it possible to vary and interchange with production of motor gasoline, furnace oils, and other products as necessity dictates. An interesting side light on this refining capacity question was an enquiry from official Washington for knowledge as to any idle refineries of something of the order of 10,000-bbl. daily crude capacity that might be purchased for bodily removal to Russia. 100-Octane Aviation Gasoline Largest of the tasks confronting refiners at the year's end was that of raising

Jan 1, 1942

By Walter Miller

Although confident of its ability to meet any demands that may be made, the petroleum-refining industry is not complacent about the situation and realizes that the quantities of petroleum products to be furnished are so enormous and so far beyond what was previously estimated that the full cooperative effort of the industry must be exerted. Establishment by the President in May of the Office of Petroleum Coordinator for Defense with Secretary of the Interior Ickes at its head, plus the formation of the Petroleum Industry Council for Defense, in November, provide the channels for united endeavor within the industry and the means for gearing that endeavor in full harmony with the nation's needs. Great strides have been made and a rapid understanding of the situation and the magnitude of the task is being attained by all concerned. Refining, by constant study and development, by willingness to experiment and install new processes, and to replace older plants with more efficient equipment, had kept on a high plane of efficiency and progress. Working under the free competitive system, it built up its establishments until, as expressed in last year's report, it was easily able to supply any domestic demand that might be placed on it. Turning the United States into the arsenal not only of itself but of the united nations resisting aggression, however, in- creased the call for practically all petroleum products and in particular 100-octane aviation gasoline and high-viscosity aviation lubricating oils. Refining Capacity With over four million barrels a day of crude oil being charged to stills at the year's end, oil refining had broken all records and faced the necessity of further increasing its size to supply the ever-increasing demand for products, some of which, like 100-octane aviation gasoline, were research laboratory curiosities a few years ago. Although the refining capacity of the United States is listed at 4,860,000 bbl., about 800,000 bbl. of this is economically unavailable because of plant location or type. To meet the increasing needs, additional capacity of another half million barrels may have to be built in suitable locations and designed with an eye toward maximum production of aviation gasoline but with inherent flexibility to make it possible to vary and interchange with production of motor gasoline, furnace oils, and other products as necessity dictates. An interesting side light on this refining capacity question was an enquiry from official Washington for knowledge as to any idle refineries of something of the order of 10,000-bbl. daily crude capacity that might be purchased for bodily removal to Russia. 100-Octane Aviation Gasoline Largest of the tasks confronting refiners at the year's end was that of raising

Jan 1, 1942

TO THE BOARD OF DIRECTORS OF THE AMERICAN INSTITUTE OF MINING AND METALLURGICAL ENGINEERS Gentlemen:-To a Board of Directors keeping in as close touch with all of the affairs under their care as do the Directors of the A. I. M. E., through their monthly meetings, a report of the year's progress is almost superfluous. ' To the members who read the monthly reports of the Board Meetings and of the various activities of the Institute as published each month, a yearly report cannot carry much fresh information; yet for both it may be well, as is the custom, to glance over the field of our activities during the past year, and to make an estimate for the year to come. The beginning of 1924 was not propitious for the members of the mining profession, though tonnage production for 1923 had been high and the gross value higher than for several years. The margin of profit had been narrow, prospecting and development were limited, and many of our members were unemployed or were working in other industries. Toward the end of the year, higher metal prices were in sight. Old-time optimism began to grow, and it now brightens the outlook for 1925. An excellent barometer of the prosperity of the industry, and that of the Institute, for they go hand in hand, is the work of our Employment Bureau. During the past few months, the percentage of our members for whom openings have been found has been increasing to a marked extent, and many members who had fallen in arrears are placing themselves in good standing. The number of new members joining has remained about as it was in 1922 and 1923. The Directors have reason to congratulate themselves on the interest maintained during a dull period, for it is not humanly possible to take a keen interest in the technology of an industry when our hands and minds are not actively engaged in it Now, with a much brighter outlook, we can look forward to a year of increasing prosperity for the industry and for the Institute.

Jan 1, 1925