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By Campbell Osborn

FROM the viewpoint of practical economic engineering the main value in studies of demand and supply lies in the information they give concerning the next movement of price. The title of this discussion is too comprehensive for detailed analysis and it will, therefore, be narrowed to the question of price measurement. The oil operator is interested primarily in net profits. Prices, costs and production determine them. Production is here used in its broadest sense. It includes refining and marketing. It is an operating problem. Prices and costs are economic considerations. Though costs are an important element of prices and profits, the subject is too large to be treated in a brief paper of this sort. In the long run, costs govern prices, but for the purpose of gaging prices in the immediate future the relationship of current demand and supply are more significant. Operating, expansion, retrenchment, sales and storage policies of oil companies are largely influenced by the feeling of executives concerning this relationship. The stockholders of companies whose executives are wrong may suffer. Investors who err in their judgment may likewise lose. On the other hand, oil companies and investors who appraise these factors correctly and move accordingly will profit. It is an important subject worthy of careful consideration.

Jan 1, 1928

By W. S. Weeks

In coursing the ventilating air through a mine it is often necessary to restrict a comparatively open split in order that it may carry exactly the desired quantity of air. Such a restriction is known as a regulator, and usually takes the form of a partition with a hole in it. The quantity of air circulating is controlled by the size of the hole or orifice. For example, it is desired to force a quantity q I cu. ft, per min. through split a (Fig. 1) and the quantity q2 through split b. It requires a pressure of 2 in. water to force the desired quantity through a, and a pressure of 1 in. to force the desired amount through b. The pressure drop between points A and B must be 2 in and a pressure of 1 in. must be destroyed in split b. This is done by inserting a regulator in b, which causes the velocity to increase in the orifice and results in a change from pressure-head to velocity-head. If the air, after passing the orifice, is slowed down in a turbulent manner, all of the velocity-head does not change back into pressure-head, so a permanent loss of static pressure results. A classic formula for computing the area of an orifice to destroy a certain amount of static pressure has been handed down from early days: 0.0004Q a =2 This formula is based on the assumption that all velocity-head in the orifice is "destroyed;" that is, does not reappear again as either velocity-pressure or static pressure. The derivation of the formula is as follows: h = head lost in regulator in fect of air. v = velocity in regulator in fect per second. q = quantity circulating in cubic feet per second. Q = quantity circulating in cubic feet pcr minute. a = area of orifice in square feet.

Jan 1, 1928

By John M. Devine

The oxygen bomb-is used extensively for determining sulphur in petroleum, although it has been suspected that the results obtained with this method are somewhat lower than the true varies. In this paper are compared the results given by the oxygen-bomb and Carius methods, the latter being generally accepted as the standard procedure for the determination of sulphur in organic compounds. The Carius determinations given hero were made in connection with a special study of this method.4 Only petroleum oils of the less-volatile type are covered in the present work. Summary and Conclusions. When used with oils containing 2.3 to 0.15 per cent of sulphur the oxygen-bomb method gives results that are consistenly if slightly lower than those obtained with the Carius method. This variation, for the oils used, amounts to 3.1 per cent (on tae basis of sulphur present) for the sample containing 2.47 per cent of sulphur, and gradually increases (as the percentage of sulphur in the oils decreases) to 7.3 per cent for the oil containing 0.15 per cent of sulphur. With the oils studied the presence of ammonium nitrate in the bomb does not influence the results materially.

Jan 1, 1928

By C. A. Heiland

THE investigations described were made on a portion of Clear Creek basin near Golden, Colo. (A portion of the area under survey is shown in Fig. 1. The photograph was taken in the vicinity of station No. 2 of Line II.) Three principal purposes were in the minds of the investigators: 1. To repeat with modern, more sensitive and more reliable instruments magnetometric placer investigations previously made. 2. To disprove the recently advanced theory that deposits of the glacial period have no pronounced magnetic effects. 3. To develop in detail the theory of the magnetic effects produced by placer deposits. Six years ago, the first magnetic observations were published, which proved that it is possible to locate gold-bearing channels with relatively crude instruments.1 Two years ago, K. C. Laylander published results obtained with similar instruments.2 The measurements of the latter were discussed by the senior author of this paper.3 At that time, however, the material available for such a discussion was somewhat scarce and not made with the most modern magnetic instruments, although very brilliant results were obtained. Therefore, the senior author felt that magnetic investigations should be made on very clear geologic conditions with the most modern instruments.

Jan 1, 1928

By Charles Mitke

EXCLUDING top-slicing, and sublevel caving, large production caving methods may be divided into two general classes, the branch raise, or undercut caving method, and the combined shrinkage and caving method, each of which has a number of variations, the result of continual efforts towards obtaining lower costs and better extraction, by the introduction and substitution of minor improvements and modifications. EARLY CAVING METHODS Present caving methods are the cumulative result of developments covering a period of many years, with the most rapid growth during the past 15 years. They originated, presumably, from early English stoping methods, and, as far as is generally known, were first introduced in the Michigan iron district. They have had their greatest expansion and application in the large low-grade porphyry coppers. In their present form, they are probably a development and combination of sublevel caving and shrinkage (back-stoping on ore) with gravity handling of broken material. Sublevel caving, as practiced in the Michigan district today, is a combination of drift, or crosscut, mining, with top-slicing, and caving, supplemented by later refinements in the shape of mechanized handling of broken ore. A height of anywhere from 16 to 20 ft. is generally taken, and the ore is drilled and blasted along the drift or crosscut for half this height (say 8 to 10 ft.), after which the upper 8 to 10 ft. caves and breaks of its own weight, with comparatively little assistance from drilling. This

Jan 1, 1928

[I-Institute of Metals Division PAUL D. MERICA, Chairman ZAY JEFFRIES, Vice-chairman W. M. CORSE, Secretary General Committee ROBERT J. ANDERSON H. C. JENNISON L. W. SPRING WILLIAN K. FRANK DAVID LEVINGER R. L. SUHL J. R. FREEMAN, JR. PAUL McKINNEY R. F. WOOD]

Jan 1, 1928

By A. H. Bell

The results of repressuring (or gas-drive) have been very encouraging to the several companies doing experimental work along these lines in California. The most notable examples are the Shell and the Union Oil companies at Dominguez, the Marland Oil Co. at Seal Beach, and the California Petroleum Corpn. at South Mountain. The results of the Marland test at Seal Beach are interesting in that re pressuring was started while several wells were still flowing; also, on account of the high pressures required to overcome the hydrostatic pressure exerted by high-head edge water. The well first chosen for repressuring is about halfway up the flank of the structure and had been on the beam making about 250 bbl. of fluid daily, cutting about 60 per cent. emulsion. The fluid lcvel was 230 ft. from the surface and the top of the sand was 4393 ft. Tubing was run to 4000 ft. with a packer and the space above the packer was filled with water to balance the high pressures. Gas was started in slowly to allow the fluid to be pushed back into the sand, and required three days at a pressure of 1500 Ib. per sq. in. before starting into formation. The pressure was once built up to 1800 Ib. and the compressor was shut down for a few hours. When again started, the well took gas at 1500 Ib., and after about three weeks the pressure was dropped to 1450 Ib. The present pressures required range between 1400 and 1450 lb. Volumes as high as 1,500,000 cu. ft. per 24 hr. were put into the well. Increases as high as 50 per cent. in production were obtained in wells up-structure with very little increase in wells down-structure. Also, the water cut on one edge well materially decreased. After about 40 days the repressuring was moved to two wells farther down-structure and the well originally repressured was put on production. The result of this was a great increase in the production of wells one location farther down-structure, a rapid increase in one well one location up-structure, and a decrease in production of the wells farthest up-structure. Later the gas started to short-cut to the nearest well down-structure, nullifying to a certain extent the effects of the repressuring work. The increased production that could be definitely attributed to the repressuring work

Jan 1, 1928

By John B. Dilwoth

This paper treats primarily of the valuation of developed coal properties by the method of capitalizing their estimated average future earnings. However, reference is also made to valuations of undeveloped coal lands and to various methods of appraisal other than by future earnings. Fundamental Valuation Principles Before discussing in detail coal property valuations, a few statements bearing on the general subject will be made to present certain of the writer's views on the question as a whole. 1. A certain property at a given time has but one true value. This is not universally admitted. The appraiser rather frequently finds that a coal owner has in mind three valuations for his holdings; one, the figure at which he feels they should be appraised for taxation purposes; another, the much higher one that should be used if a loan is to be negotiated on the property; and a third, intermediate between the other two, the price for which he would be willing to dispose of his holdings were they for sale. The last is usually nearest to the true value, and because this is so the statement is generally accepted that the fair value of such a property is the price arrived at by negotiation between a willing seller and a willing buyer who are otherwise disinterested. 2. Notwithstanding the foregoing, it is only very generally and approximately true that the proper measure of the value of a given developed' coal acreage is the unit or per-acre price for which one or more bodies of similar coal in the same district have been sold recently. To give a few reasons why such a measure of value can not be strictly applied, it may be noted: a. That sales are often forced by circumstances at times when the coal business is depressed and buyers can be found only for properties that are offered at figures far below their true value. b. That conversely, during periods of unusual prosperity, abnormally high prices are paid. Such conditions obtained several years ago when coal brokers, with very profitable contracts but no sure source of supply, were bidding against inexperienced or shortsighted operators for proper-

Jan 1, 1928

By Be Van Presley

There has been developed at Latouche a rather unusual system of mining which, for want of a better name, has been called the "Latouche system of mining." It is a modified form of shrinkage stoping applicable to orebodies of large or fairly large size where the ground is such that timbering would not be required in stoping. Mention has been made of this method of mining by Birchll who gave no details as it had been in use only a short time and the final outcome undetermined. The system, however, has proved to be entirely successful and it is thought that a paper covering it might be of general interest. Before proceeding with a detailed description of the Latouche system a brief description of the property and the various mining methods previously used will be given. Location The Beatson mine of the Kennecott Copper Corpn. is situated on the west coast of Latouche Island, in Prince William Sound, Southwestern Alaska, 45 miles east of Seward, the coast terminus of the U. S. Government Railroad. It is a regular port of call for ships on the Southwestern Alaska run. The island is about 12 miles long and 3 miles wide. A ridge of mountains runs the entire length with a maximum elevation of 2500 feet. Climate Latouche has to contend with possibly the greatest amount of precipitation on the North American continent. The annual average precipitation for the past 4 years has been 188 in., with 248 in. for the year 1926. A rainfall of 4 in. per day is not uncommon. In the winter the thermometer rarely falls below +20° F. and the snowfall is usually heavy during the months of March and April.

Jan 1, 1928

By Robert Mehl

THE mechanical behavior of metals and alloys is presumably conditioned by two factors; namely, the crystalline symmetry and the interatomic forces. Considerable attention has been given to the first of these factors through the recent advances in X-ray .technique. It is the purpose of the present paper to call attention to the importance of the second of these factors, to point out promising methods of investigation, and to present some pertinent data. Plastic deformation takes place by-slip along atomic planes.1 This slip may be inhibited in a number of ways: by the interatomic forces of cohesion which bind the atoms rigidly in a lattice structure, which in pure metals is usually of high symmetry; by lattice distortion caused by solid ,solution formation or by mechanical strain; by the intercrystalline boundaries where slip is restrained by the non-registration of the atom planes in adjacent crystallites;2 and by the presence of small hard particles which serve to "key" the slip along the atom planes.3 In pure metals, and perhaps also in solid solutions, the atom planes, of easiest slip are those exhibiting the greatest density of atomic population and the greatest interplanar distance4 and apparently can now be predicted from the analysis of the lattices. Concerning the interatornic forces, which resist this slip by holding the atoms firmly together, little is known. Most textbooks on physical metallurgy, following the work of Bot-tone,5 correlate the hardness of the pure metals with the atomic volume;.

Jan 1, 1928

By Reginals W. Burroughs

Diatomaceous or infusorial earth, also called diatomite; fossil meal, or kieselguhr, is derived from the lowest form of vegetable life, the unicellular alga:. It consists of the siliceous remains of extremely minute aquatic plants, which exist in both salt and fresh water. Light i~ a prerequisite to their development. These very small particles secrete silica in much the same way that molluscs secrete lime to form their shells. The diatoms at death sink to the bottom of the body of water in which they lived, and the organic matter gradually decays and is washed away, leaving the skeletons. Thousands of years are required by this means to develop bed5 of sufficient thickness to be of commercial value. The siliceous remains vary in size according to the species, but all are very minute and, as a general rule, they can be identified only under a high-power microscope. Over one thousand types have been distinguished and named. They are all composed of a hydrous or opalescent form of silica, with silica content ranging from seventy to ninety-five per cent. Magnified, they present an attractive sight, a very fragile structure with many interstitial openings known as cells. Many of them consist of two parts, defined as valves, held together by means of a girdle. Certain species, belonging to the Pinnularia family appear as a long comb, in half longitudinal section. The spaces between the teeth are the cells. This particular genus is very common in Nova Scotian deposits.

Jan 1, 1928

By Hallan Marsh

THE subject of this paper is apt to bring to mind wells ranging from 6000 to over 8000 ft. in depth. However, it is uncommon to pump wells at depths greater than about 5000 ft. Fig. 1 shows the number of wells being pumped at various depths by one company in Southern California. FIG. 1.-NUMBER OF WELLS BEING PUMPED BY ONE COMPANY FROM VARIOUS DEPTHS IN SOUTHERN CALIFORNIA. A few companies have a very few wells pumping at depths greater than this. This paper will deal with wells between 3000 and 5500 ft. in depth. Most California oils at these depths are between 25° and 35 gravity. The subject is so broad that it will be necessary to omit many interesting phases, and to treat others very briefly. Power, power transmission equipment, power efficiency, counterbalancing, sucker rods, pumps and volumetric efficiency will be discussed.

Jan 1, 1928

By G. E. McElroy

When mechanical ventilation is to supersede the natural ventilation of a mine it is desirable to determine what resistance the mine as a whole offers to the flow of air in order to specify properly the limiting duties of a ventilating fan. The relation of pressure to volume of flow for the mine as a whole may be calculated from experimental data, or it may be determined directly by measurements of volume of flow and the natural draft pressures causing flow; but in both methods the determinations are affected by many variables. With the intention of making a practical application of both methods, a small metal mine in process of development at Butte, Mont., was selected by the writers as the object of experiments planned to compare the mine resistances determined by measurements of natural draft and volume of flow with those calculated from experimental data. Four sets of teats were made with natural draft in October, 1925, December, 1925, April, .1926, and September to December, 1926; the last set consisted of a series of weekly observations. DESCRIPTION OF MINE The mine selected for the experiments was a typical vertical shaft metal mine in the development stage. No stoping had been done, and ventilation was confined to shafts, crosscuts, drifts, and raises. Figure 1 is a dia¬grammatic sketch of the main openings. All were timbered with full sets on approximately 5-foot centers. The shaft compartments were 4 by 4.5 feet, and one in each shaft was partly blocked by staggered manway landings. A pump column in the upcast shaft was discharging about 280 gallons a minute of water at 70° F. from the 1,000-foot level. The drifts were slightly sinuous, but the crosscuts were exceptionally straight and uniform in area; both drifts and crosscuts were about 5 by 7 feet in cross section. The raises were composed of vertical sections joined by frequent 450 offsets; each had three 4.5 by 4.5-foot compartments, of which two were plank-lined ore chutes and one was partly

Jan 1, 1928

By Cyril Smith

ISOLATED alloys of copper and silicon were prepared and examined by chemical methods more than one hundred years ago, but it was not until the work of Rudolfi1 that the equilibrium relations. were studied. The early history of the alloys was well described by Baraduc-Muller2 PERCENT SILICON-BY WEIGHT FIG. 1.-COPPER-SILICON EQUILIBRIUM DIAGRAM ACCORDING TO RUDOLFI (1907). and need not be further discussed here. The diagram of Rudolfi, based entirely on thermal observations, showed silicon to be soluble in copper up to 4.5 per cent. at 849° C., at which temperature there was a peritectic horizontal resulting from the formation of a 0 phase with about 7.4 per cent. silicon from a and liquid with 7.85 per cent. silicon. The ß phase was believed to form a eutectic with Cu3Si at 820° C. and 9.8 per

Jan 1, 1928

By Waldemar Gooskov

IN his well-known work,1 published in 1867, P. Ritter von Rittinger gives the following formula for the velocity of a particle settling in still water: v=C/D(a -1) and for average grains he assigns to the constant C a value of 2.44. As is well known, the value of C depends on the shape of the grains resulting from crushing, and it is obvious that values obtained for coal particles will not only be very different from those for ore particles but will even be characteristic of coal from a certain seam. The only way of finding an accurate value of C, applicable to conditions in Russia, where all coal-washing plants are built on German principles, is to conduct a series of tests of which the results will determine what value of C is to be used. In the investigation outlined in this paper the theories of Prof. Robert H. Richards2 were taken as the basis of the tests; the slimes were removed from the charges to eliminate the trouble of handling them; and to obtain accurate results free from errors inevitably resulting from human observation, photographic apparatus was used and a series of pictures taken which form the basis for constructing a suitable diagram of velocity vs. time.3

Jan 1, 1928

By J. J. McDougall

Until quite recently, the coal in the Cape Breton field was won from comparatively thick seams with light cover, and from submarine areas, and the system of mining naturally followed was pillar-and-stall. This sytem permitted of cheap extraction, and enabled production from localities where other methods could not be employed to good advantage. Thus the pillar-and-stall system, applied to conditions as stated, justified its adoption. Our working seams today, however, are practically all under heavy cover, or are moving in that direction, and with this gradual increase in cover came the increased cost of roadway maintenance. At Princess colliery, the system of pillar-and-stall was followed until roof and bottom conditions became such that further operations were unprofitable, and the longwall method was then adopted as an economic necessity. This fact should be borne in mind when operating costs of both systems are being compared. The longwall method is not held as a cure for all difficulties of heavy cover, but through it these difficulties can be overcome with less expense than by pillar-and-stall. The longwall system of mining, strictly speaking, is one by which a seam of coal is totally extracted in one operation. There are, however, many modifications of longwall, and in some cases it is difficult to determine whether certain practices should be classed as longwall or pillar-and-stall, or a combination of both.

Jan 1, 1928

By Edward Wichers

THE purpose of this paper is to set forth the matters of principal interest in connection with work done in the past few years on the purification of the metals of the platinum group, including the study and modification of methods already in the literature and the development of new procedures. For the most part, the results will be given in summary form, reserving the publication of detailed data and directions for a forthcoming paper to be issued by the Bureau of Standards. In recent years increasing interest has been shown in the preparation of the pure platinum metals, both by those concerned with the manufacture of the metals and their alloys for scientific and industrial purposes and those who are engaged in the study of the chemical or physical properties of the elements. The purification of the metals usually has been regarded as a matter so involved and difficult as to require the attention of specialists. It is hoped that this paper will show that any of the metals can be prepared in any desired degree of purity by relatively simple straightforward chemical methods. For the most part, it is thought that the methods given are suitable for small-scale refineries as well as for the laboratory; also, that they will bring the time required for the purification of any of the metals within reasonable limits. The new procedure suggested for purifying platinum should prove to be much shorter than any methods described in the literature.

Jan 1, 1928

HOWARD N. EAVENSON, Chairman C. T. HAYDEN, Vice-chairman, Bituminous Coal Production CHARLES DORRANC~ Vice-chairman, Anthracite Coal Production HOWARD P. ZELLW, Vice-chairman, Evaluation of Coal for Coke Making W. H. F'LTLWEILER, Vice- Chairman Gas and Its Manufacture 3. B. MORROW, Vice chairman, Coal Preparation

Jan 1, 1928

By C. H. Mathewson

ABOUT fifty pages of Henry M. Howe's profound treatise, "The Metallography of Steel and Cast Iron," are devoted to twinning with special reference to the origin, nature and general significance of the Neu-mann bands in ferrite. Howe believed with Osmond and Cartaud1 that the Neumanns are mechanical twins and his careful observations leave no doubt that these straight-sided narrow bands habitually occur parallel to trapezohedral planes of form {211}. Attempts to develop the structure of the bands by various methods so that their identity could be established beyond question have not been conspicuously successful. Howe thought that they deflected slip bands. Some of the etching figures which have been developed within and adjacent to Neumann bands support the contention that they are twins. A good example of this effect in ferrite containing 0.6 per cent. of nickel and 1.3 per cent. of phosphorus, originally due to Harnecker and Rassow,2. was reproduced in the 1928 lecture before the Institute of Metals Division on twinning in metals.3 In this case, the sides of the figures might represent the traces of cubic planes laid bare by etching a properly oriented grain of ferrite, twinned along a plane of form 12111. Our own observations in this direction may be represented by Fig. 1 which shows in a deeply etched cavity in the boundary region between a Neumann band and the original crystal two small crystal surfaces which resemble the faces meeting at a reentrant angle in the simple cube twinned along a bisecting plane of form {211} as sketched in Fig. 2. Rosenhain and McMinn4 in 1925, after a careful study of slip bands in ferrite containing Neumanns previously produced by shock, concluded

Jan 1, 1928

By H. C. Boydell

Those connected with mining, prospecting, or mining geology in northern Ontario are familiar with the fact that it is a comparatively unusual thing to have assayed a sample for which the assay report shows no gold. Values of 20 cents to 80 cents per ton, or even higher, are extremely common. Whilst contamination by fluxes, faulty manipulation, or a desire, on the part of the assayer, to sugar-coat the pill for the client, may account for 20 to 40 cent values at times, it is un1ikely that they would a1ways do so. Exonerating the assayer from being necessarily at fault, what can be the cause of such a widespread distribution of gold (and silver) in minute quantities- of a dissemination .that, in the writer's experience, and so far as he is? aware, is not met with on a simi1ar scale in other parts of the world? Explanations that suggest themselves are, that the dissemination is due: 1. To a very widespread auriferous minera1ization, post-dating (epigenetic) the formation of the rocks in which it occurs. 2. To a general syngenetic distribution of gold in the volcanic rocks of Keewatin age that form so large a part of the sections of northern Ontario that have been prospected.

Jan 1, 1928