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[Page Officers of the Institute 5 Minutes of Nineteenth Meeting 9 Coal Mine Explosions-William -Moorhead 11 "What Do You Mean-`Coal Dust'?"--K. L. Marshall 16 Discussion of Foregoing Papers 17 Shale Dusting-J. A. Smith 21 Discussion 25 Conditions That Make Coal Dust Explosive-T. T. Read 25 General Discussion 27 1-Mechanical Loading Review-Chas. Gottschalk 30 Mechanical Loading in Coal Mines-S. W. Farnham 34 Mechanical Loading Practice at Hanna, Wyo.-T. H. Butler 48 Guessing or Knowing! Which?-Eugene McAuliffe 52 Discussion of Loading Papers 54 Bumps or Squeezed Conditions in Coal Mines-Geo. A. Brown 59 Vertical Cutting-Thos. A. Stroup 62 Mine Fires-Thos. A. Foster 71 Membership List 74]

Jan 1, 1924

By F. A. McLean

Given a promising claim and the required financial backing to develop it, the first problem that confronts the mine operator is usually the selection of the necessary compressed air plant. The size and type of drive are questions that naturally follow, the former being determined largely by the amount of money available and the speed with which it is desired to carry on the programme of development. The type of drive, such as electric motor, steam or oil-engine, depends on local conditions and has an important bearing on the cost of operations. ns. Few prospective mine operators are fortunate enough to locate claims within the service radius of electric power-lines, although this is more likely to happen nowadays than formerly. In the majority of cases, however, some other form of prime mover is necessary. When wood or coal are available at moderate cost, a small steam-driven plant is usually chosen. Such plants are often arranged so that they can be converted to electric-drive should future developments at any time make this desirable. Many plants of this type are installed in northern Ontario mines. When wood or coal are costly or difficult to transport, oil-engine driven mining plants have many advantages in their favor, and are now quite commonly used. Oil in some locali-ties is considerably cheaper than wood or coal, and is much easier to transport over bad roads.

Jan 1, 1924

By Wm. Moorhead

Safety Measures Employed at the Dawson Mines Preventive measures for eliminating and localizing explosions is a subject of special interest to Coal Mining operators at the present time. I shall endeavor in this paper to present the practical methods which have been developed at the mines of the Stag Canon Branch of the Phelps-Dodge Corporation, Dawson, New Mexico. Adobe Dusting Adobe is used for practically all dusting on the main haulage roads. It is obtainable in sufficient quantities adjacent to the mines. Loaded into railroad cars by a clam-shell loading crane, and transferred to the mine pit cars at the nearest available point, it is readily distributed along the motor roads by means of the mine locomotives. Of first consideration for adobe dusting is the preparation of the roadway. It is essential that all loose coal and dust be removed, at least to a depth of three or four inches below the top of the rails. The adobe, in a more or less moist condition is unloaded by hand from the pit cars and stored along the previously prepared roadway, to be later scattered to a depth of several inches over the floor, and over the ribs and roof such as is possible by the use of a shovel. The adobe soon loses its moisture and becomes pulverized. Due to the disturbance caused by passing motor trips, men and animals, the dust is effectively scattered along the ribs and roof of the roads. The velocity of the intake air aids materially in sustaining the suspension of this inert matter. Another scheme for distributing the fine dust in use is to chain the top of a pine tree to the rear of the trips, both empty and loaded. Dragging it along the motor roads stirs up the dust and aided by the intake air it is carried for long distances into the workings. The adobe is continually loosened and raked, all rock, coal, etc., being collected in piles and later loaded out in pit cars. One man is employed for each six thousand feet of entry. Dusting Main Return Air-Courses The air-courses are first thoroughly cleaned. All the loose coal and rock is loaded out, the ribs and roof washed down several times. Every five or six hundred feet, the stoppings between the main and return entries are broken through and small doors installed. Blowers are used to force the fine dust into the return air-courses through these openings. Thus suspended the dust travels a considerable distance before it is deposited on the floor, ribs and roof. The material used is chiefly adobe, sun dried, and screened on the outside. A two ton car load of this dust will cover several hundred feet of airway as very little loss occurs, often depositing from 2 to 6 pounds per running foot of entry. Methods of Insertion Blowers are used to force the dust into the main returns. One unit consists of a small Buffalo blower mounted on a truck with a two H. P. motor. A six-inch pipe is attached to the blower and runs the full length of the truck with a projection over the end. A hopper is built over the pipe and connected. Stove pipe or canvas tubing is led from the pipe through door in stopping. When the blower is started dust is fed into the

Jan 1, 1924

By Geoffrey Gilbert

The material that forms the basis of this paper was collected in the spring of 1922, during a ten-day visit to Ducktown by the writer in the company of Prof. L. C. Graton. The time available for the work was far too short to allow anything like a thorough study of the deposits, and structural and stratigraphic questions, though they have an important bearing on the origin of the primary ores, were necessarily left untouched. Attention was focussed on the zone of oxidation and enrichment; and by devoting most of our time to the upper levels, open pits, and old workings, and examining the deeper levels only thoroughly enough to obtain a fair idea of the nature of the primary sulfide ore, we were able to make a reasonably complete survey of the various orebodies. With this field work for a background, the writer later made a study, in the Harvard laboratories, of the specimens obtained during the visit. As some of the facts brought to light by this study appear to be new, it seems worth while to set forth the outstanding features and a proposed explanation of them. Much of the Ducktown material that is obviously of greatest significance, as regards oxidation and enrichment, is soft and crumbly. Notwithstanding the desirability of gaining from such material all possible information as to its mineral composition and textural relationships, but little has heretofore been learned regarding it; but, by suitable preparation of this material in connection with the present study, it has been possible to examine it under the microscope without any disturbance of its texture and about as satisfactorily as if it were hard, fresh ore. The information thus gained has contributed measurably to the results set forth in this paper.

Jan 1, 1924

By Edgar C. Bain

In studying the structural characteristics of martensite it is desirable that a clear conception of the material from which martensite is produced should first be obtained. Any theory of its formation and structure incompatible with the facts of its parent substance, austenite, can be eliminated with little consideration. Austenite is the name applied to solid solutions of carbon and other elements in gamma iron. At temperatures above about 900" C. (1650" F.), pure iron exists in a system of crystallinity1 entirely different from the crystal structure below that temperature. This high-temperature allotrope of iron is of an atomic structure associated with great ductility, having very manifold symmetry and an abundance of easy slip planes. The exceptionally ductile and malleable metals (gold, silver, platinum, copper, aluminum, and nickel) have this same atomic arrangement— the face-centered cubic. The low-temperature allotrope of iron, alpha iron, the solid solutions of which are known as ferrite, has a body-centered cubic arrangement of atoms. Like it, in crystal structure, are the less ductile and malleable metals, molybdenum, tungsten, titanium and chromium. Fig. 1 shows the two atomic arrangements known in iron; the diagrams are drawn to scale. Either of these modifications of iron may dissolve other elements in the solid state; by so doing, the temperature of the transformation is changed. In general 2-7, it appears that a solid solvent metal dissolves a metal solute by substituting foreign atoms in its own space lattice. Thus, iron may dissolve nickel in either of its crystalline forms by permitting an atom of nickel here and there to occupy the normal position

Jan 1, 1924

By Balmer Neilly

We are regularly told that before making a new investment one should seek the advice of his banker. If we were to place the subject matter of this paper before bankers. other than those who have experience in our mining camps, their reply would probably be evasive. However, if for example: a mining company asks them for a loan and offers as security certain mining investments, they are, in most cases, explosively candid. The idea is preposterous, unless, under Section 88 of the Bank Act, the mining company is able to deposit with the bank, gold or silver bullion, to an amount sufficiently in excess of the loan, to provide for what the banker describes as a reasonable margin of safety in case of contingencies. In addition the directors of the mine personally must jointly and severally guarantee payment of the loan. With any of these conditions missing the banking atmosphere becomes chilly. The local manager explains that the general situation, and particularly European conditions, are so unsettled that head office has warned him that his discretionary powers must not be exceeded under any circumstances.

Jan 1, 1924

By M. H. Merriss

Some years ago, at the plant of the Baltimore Copper Smelting & Rolling Co., the receipt of large quantities of copper blister running high in lead, nickel, and arsenic resulted in the formation of a great amount of very foul slag, in the anode furnaces. A typical analysis of this slag was: Gold, oz. per ton......... 0.09 Arsenic, per cent.......... 0.60 Silver, oz. per ton......'.. 13.20 Antimony, per cent........ 0.50 Copper, per cent......... 19.50 Silica, per cent............ 28.30 Lead, per cent........... 11.90 FeO, per cent............. 19.20 Nickel, per cent.......... 4.60 CaO, per cent............. 1.60 The problem was to get out the copper in marketable form, to save the gold, silver, and particularly the nickel, and to get rid of as much as possible of the lead, arsenic, and other elements that were valueless to the Baltimore plant. In a copper refinery that does not take custom material for matte smelting, the usual method is to smelt the anode slag with coke in a reducing furnace, the black copper thus formed being sent back to the anode furnaces; this was the custom at Baltimore. An average anode slag will contain, perhaps, 40 per cent. copper and such small quantities of lead, nickel, etc., that smelting will get rid of most of these impurities in the black-copper furnace slag. To treat such an impure slag in this way, however, would result in a large nickel loss, and would send back to the anode furnaces all the lead and nickel not so lost, where it would be slagged off again and returned to the black-copper furnace as a slag still more concentrated in impurities. The result would probably be a constantly increasing amount of anode slag containing a likewise constantly increasing percentage of impurities. To avoid such a disastrous closed circuit some other process had to be devised. A small multiple-tank room, built for impure copper as an adjunct to the main series electrolytic refinery, was available, so the following standard process was suggested:

Jan 1, 1924

By H. M. Roscoe

Fifty per cent. increased lump coal production and at the same time a reduction of from 20 to 40 per cent. in explosive consumption. These results were achieved by the use of the rock-dust cartridge method of stemming shots in the Ruhr coal mines, as announced by Dr. Alfred Stettbacher in the September 1923 number of the Explosive Engineer. Immediately, the explosive and the coal-mining industries on this continent became intensely interested. Considerable experimental work has been carried on in a number of American and Canadian mines during the past year, by which our engineers have become assured that the use of rock-dust cart-ridges for stemming shots increases the efficiency of explosives and promotes safety in coal mines.

Jan 1, 1924

By Howard N. Eavenson

The information contained in the following paper was collected at the request of the U. S. Coal Commission, and is published with the permission of that body and of the various companies furnishing the data. For obvious reasons, the names of the companies are not given. No data were obtained from states south of Virginia or west of the Mississippi River. The data about the amount of labor, in man-hours, required in producing a ton of bituminous coal have been collected with the idea of showing what is being done at some well-managed plants, and not to show the average amount required by all mines, which undoubtedly is considerably higher than the average of the figures shown.* Almost all of the figures were supplied by the various companies in reply to a questionnaire; when they were obtained from other sources the company was asked to verify them. On account of the amount of work required, the data were only requested for one or two months for each plant, and the figures represent in each case a month when the car supply was good and the work was practically steady. In the case of most of the West Virginia and Kentucky mines, these conditions were best met in May and June, 1922. The mines for which the figures are given are arranged by states and as to whether the mine operates under union or non-union or open-shop conditions. The union mines listed are generally considered to be as well-managed as are the non-union ones. The production per month in a few cases includes the amount of slate which is loaded and hauled out of the mine, as of course this requires nearly as much labor per ton as does the coal. These cases are noted. The number of days worked includes only the total time in which the tipple operated; not the number of days on which the mines operated. This makes the output per day appear slightly higher than it should be in

Jan 1, 1924

GENERALTHE coal deposit, where it is being worked, consists of a bed of brown coal varying in thickness from 120 ft. to 200 ft., covered by an overburden of clay, drift, loam, etc., of a thickness of 22 ft. to 40 ft., and averaging 28 ft.The overburden is first entirely removed from the coal, and then the coal is excavated by. large revolving shovels which work at the bottom of the hole or open cut in the coal and deliver it in shovel bucketfuls to the transport system. The shovels owned by the Commission and available for this coal excavation are two Bucyrus steam revolving shovels, one being type 150B, weighing 150 tons, having a 21-cub. yd. bucket, and capable of digging a 47-ft. face; and the other being type 175B, weighing200 tons, having a 31-cub. yd. bucket, and capable of digging a 61-ft. face.In addition to these two steam shovels, the Commission has recently obtained a No. 250 Ruston electric revolving shovel weighing 340 tons, and having a bucket of 10 cub. yd. capacity, and capable of digging a 75-ft. face. When this electric shovel has been erected it will replace the steam shovels on the coal excavation, and the permanent transport system has been designed to take delivery of the coal from its bucket.The duty to be performed by the transport system is to take the coal from the shovels, elevate it out of the open cut, transport it to the screening house, deliver it iuto the hoppers at the top of this building, then to take the coal after it has passed over the screens and distribute the required grades to the power house and to the briquetting plant.

Jan 1, 1924

By Charles Graham

It is the general belief that the coal deposits on Vancouver Island are extremely large, and easily available. Indeed, they are frequently described by prominent public men and by writers in the press as "illimitable" and "inexhaustible." It is well that the facts that have been established as a result of seventy years of surface prospecting, underground operations and extensive diamond-drilling in this coalfield should be disclosed. HISTORY The presence of coal on the coast of British Columbia was first made known by Dr. W. F. Tolmie in 183 5. This coal was brought to him by Indians from the north-east coast of Vancouver Island, probably from Suquash. In 1850 the existence of coal at Nanaimo was announced by Mr. ]. W. MacKay. Development was started in 1852, and coal was shipped before the close of 185 3. The first operations were carried on by the Hudson's Bay Company, who operated the mines until 1861, when they sold them to the Vancouver Coal Mining and Land Company. Practically all of the operations in the immediate vicinity of Nanaimo have been carried on by this Company and its successors. In 1869, Mr. Robert Dunsmuir discovered coal about five miles north-west of Nanaimo, at Wellington. The Welling-ton Colliery Company was organized, and began to produce coal from the Wellington mines in 1871, the coal being shipped from Departure bay. This colliery was a large producer for several years, but was finally closed in 1900.

Jan 1, 1924

MR. C. M. GODDARD: Mr. Poli invented this little safety switch box. This junction box he has does improve the appearance mentioned in the underground junction boxes used in the foreign countries, where this thing is compulsory. There was some arrangement whereby the attachment could not be made with the switch in. The switch has got to be out of place before they can put the terminals into this box, which avoids all possibilities of short-circuits, except where protected on the inside of this box. In mines that are not gaseous, this is not so essential, but he has invented a very small junction box which probably. could be built for six or eight or ten dollars; if those things are necessary, for the handling of mining machines and their apparatus, takes current off the transmission line, and he has something that would meet that requirement, and I think when it is looked into it will meet the approval of the Bureau of Mines. He had this little box yesterday, and some of the members had looked it over and think, if they will look more favorably into it, they will find something to their advantage. PRESIDENT PRYDE: I think it is a good idea to bring in safety appliances and devices at this meeting. There were two more devices brought in here this morning; one a safety powder flask, and the other a carbide can. We have talked a great deal about permissible powder. It is going to take a little time to change over, and we would have to use the black powder cans. I will leave them in the window, if you care to investigate them.

Jan 1, 1924

By W. M. Goodwin

The gold district of northwestern Quebec, though it has attracted such widespread attention during the past year, is still in the prospect stage throughout, and one must preface any remarks about it with the plain statement that its capacity to produce gold commercially is still subject to proof. However, this proof may be forthcoming any day, and from widely separated localities. Consequently it is of interest to note some of the features of the region and of the prospects now being developed. First I shall note the relation of this mining development to the province of Quebec and to the Dominion; then will follow a brief resume of the known geological facts; and finally I shall describe briefly some of the more advanced prospects developed during the past twelve-month. Those that have followed closely the fortunes of the new gold-field will find little that is new in what follows, but it may serve a useful purpose for others by bringing together scattered items of information and presenting them as a whole. GOLD MINING AND AGRICULTURE First let us consider the gold belt in its relation to the province of Quebec. Apart from the world-renowned asbestos camp south of the St. Lawrence, it is the only mineral development of major importance the province has experienced. It is the first important development in the province's vast area of Precambrian rocks, most of which remains as yet totally unexplored and unprospected. The relative importance of this first mining camp in northern Quebec cannot as yet be gauged, but it is bound to stimulate an active interest in the other mineral-bearing areas now known to exist, and in the vast unexplored spaces.

Jan 1, 1924

By C. Baldwin Sawyer

J. S. Vanick,* Washington, D. C. (written discussion).—To those who have been confronted with the study of the gas-metal reactions, this paper is a most welcome contribution. My personal interest in work bearing upon this general problem, stimulated by an appreciation of the difficulties inherent to problems of this type, prompts a few words of discussion. Table 2 of the paper shows a gradual increase in the nitrogen content with an increase in pressure, and an interpretation follows in which nitrogcn is used as the compressed medium when the conditions admit that cyanogen gas could be active as a contaminating ingredient. Fusions of electrolytic iron made in the induction furnace in an atmosphere of deoxidized nitrogen and out of contact with contaminating materials have shown no microscopic evidence of -a nitrogen increase; using a refractory-lined graphite crucible in the furnace under the same conditions or admitting air often resulted in the occurrence of nitride needles in the solidified melt. These results suggested that a nitrogenous compound served as a vehicle for the introduction of nitrogen and that such compound was not available when the pure gas and carbon-free refractory were used. The fusion of pure iron in pure nitrogen is perhaps a matter of theoretical interest. The author's work serves a more practical purpose when applied to steels rather than iron. Table 2 reports the absence of nitride needles in melts made under pressure of one atmosphere, although the quantity of nitrogen present would seem to exceed microscopically detectable percentages. In some recent work29 on carburized iron, nitride needles have been observed in areas analyzing as low as 0.015 per cent. nitrogen. This low percentage of nitrogen would indicate that the solubility limit is less than 0.030 per cent. for hypoeutectoid steels. There is the possibility that the areas of pearlite which exist in a hypoeutectoid steel restrict the distribution of nitrogen and limit its presence to the ferritie fields. In view of this work and the references quoted by the author, I am led to expect that the value for the solubility of nitrogen in solidified iron may approach

Jan 1, 1924

By E. L. Martheleur

A general expression for the electric power generated or consumed in a direct-current circuit is obtained by multiplying the reading of a suitable voltmeter connected across the terminals by the reading of an ammeter connected in the circuit. by the reading of an ammeter connected in the circuit. When alternating currents are considered, the product of the volts and amperes as obtained for direct currents does not generally represent the true energy involved; it is greater than this true energy and should be multiplied by a certain factor which may have any value between zero and unity, according to the conditions of the circuit. This factor is called the power-factor of the system, and expresses the ratio of the true energy over the apparent energy. For a three-phase system the expression of the apparent energy is [\/ 3 x E x I; ] while the expression of the true energy, that is, energy suitable for mechanical work, is [v? 3 x E x I x cos A.] The total current of a circuit corresponds to the reading of an ammeter connected in the circuit; it is the resultant of two currents. The first of these is in phase with the voltage, and is that portion which really produces mechanical work; the second is always in quadrature with the voltage, that is it may lead or lag the voltage by 90° according to the condition of the circuit. This second current does not produce any sensible work, and for this reason is sometimes called wattless current or reactive current.

Jan 1, 1924

THE Yallourn chimney has aroused interest, as it is, for the time being, the tallest structural erection in Australia. Its height was not decided on, however, with the object of breaking records, but is purely incidental to the purpose which it serves. Theboiler plant at the briquetting works (first instalment) consists of five Babcock and Wilcox land-type water-tube boilers, each of 4510 sq ft. heating su:r£ace and 225 sq. ft. grate area in the form of step grates. Four boilers will normally produce 73,000 lb. of steam per hour at a gauge pressure of 265 lb. and a temperature of 6500 F., the fifth boiler being a reserve. Each boiler will consume about 100 tons of Yallourn coal per 24 hours. Provision is made for future installation of economizers, should it be found desirable. Designing for this condition, and allowing for a waste gas temperature of 3500 F. and an air temperature exceeding 1000 it was found necessary to have a draft of about 1.3 in. (water gauge) at the base of the chimney, and to deal with about 2000 cub. ft. of gases per second. Estimates were made of the cost of providing the necessary draught by means of fans and by means of a tall chill).ney. The annual charges of the two methods differed only slightly, and the tall chimney wasselected as being the more general practice in briquetting factories.Estimates were prepared for brick and concrete chiIlllleys. Yallourn bricks at that time were hand-made, and, while very suitable for domestic work, were not capable of withstanding high compressive stresses. The chimney design to suit these bricks thus required to be on very ample lines, resulting in high cost. Machine-made bricks from Melbourne would cost about £5 10s. per thousand on the site, with extra for radials, so that high cost again resulted. On the score...

Jan 1, 1924

By E. L. Warburton

Before entering into a discussion of wet washing, it will be advisable to consider the various phases and conditions sur- rounding the problem of cleaning coal from the Corbin mines. Corbin is located in the south-east part of British Columbia in the Crowsnest Pass district, about 35 miles north of the International boundary and about three miles west of the Flat-head Range of the Rocky Mountains. It is reached by a rail-way, about thirteen miles long, from McGillivray, B.C., a point on the Crowsnest branch of the Canadian Pacific rail-way, owned and operated by the Eastern British Columbia Railway Company, a subsidiary company of Corbin Coals, Limited. The coal is assumed to occur here, as principally elsewhere in the Rockies, in the Kootenai series of the Lower Cretaceous, but owing to the disturbed condition of the surrounding country and, therefore, the magnitude of the geological study involved, this has never been definitely worked out. The coal is of the usual Crowsnest high-grade steam-coal, containing from 9 to 12 per cent. of ash, but appears to have 4 to 5 per cent. less volatile combustible matter than other coals being mined in this district, a representative analysis being about as follows:

Jan 1, 1924

By R. B. Harkness

Many of us are familiar with the history of oil in the Province of Ontario, but for the benefit of those who have never heard the story I will repeat it. In 185 7 J. H. Williams, of Hamilton, an old-country Scotchman, who had the advantage of experience gained from the primitive methods used for refining the oil collected at seepages in Roumania, heard of the "gum beds" along Black creek in Enniskillen township, Lambton county. He erected a small plant in the bush and refined illuminating oil, where the village of Old Springs now stands. The labor of collecting this thick ?gummy substance from the sluggish water of the creek, prompted him to dig a well, the next year ( 1858), in the hope of obtaining a greater quantity. When his excavation reached a gravel bed on top of the rock, oil, resembling "lubricating oil of commerce", rose several feet. Several of these wells were dug and his refining business flourished. The following year the Drake well, in Pennsylvania, was drilled into rock, resulting in an oil find which encouraged one James Shaw to make a similar attempt on Black creek. With a spring-pole drill he completed his well in the spring of 1861 to a depth of 160 feet, and at that depth struck a gusher that flowed uncontrolled for several days. Great excitement followed and the village of Oil Springs had a mushroom growth. The Petrolia field was discovered in 1865. Lick followed up the Thames with a spring-pole rig testing the formations along that river and discovered the original Bothwell field in 1865. During the sixties wells were drilled in many counties in southwestern Ontario.

Jan 1, 1924

By Arthur Knapp

The law of supply and demand is, in general terms, that law which governs the price of any commodity in an unrestricted competitive market. There are several variables which, for the purpose of this discussion, will be defined only as they apply to the petroleum industry: Production: The volume of petroleum that is moved from leases. Stocks: The volume of petroleum that is in the hands of the tank farm and pipeline companies. Inventory: The value of the stocks at the market. Consumption: The indicated delivery of oil to others than those who hold stocks. Demand: The potential absorbing power of the consuming market. Demand is the expression of the needs of the consumer and may depend on the economic value of the oil to the consumer. In times of low prices, the demand is the same as the consumption but during periods of high prices or deficiency in supply, the demand may be greater than consumption. A general expression of the law is as follows: production or consumption Some relation between stocks and or controls price or demand inventory The Law as Applied to Crude-oil Market The above general expression of the law shows that there are six relations between variables that must be investigated in any attempt to establish the exact status of price control at any time. Production vs. Consumption If stocks of crude oil were very low, so that the flow of oil to the market was directly from the producer to the consumer and not, in a large measure, through stocks, some relation between production and consumption would be proportional to price changes. We have no criterion whereby we can tell, at present, what volume of stocks and production

Jan 1, 1924

GOLD has played a part in the development of Australia. The total yield exceeds SIX hundred million pounds sterling, while the glamour of gold-mining and the unfailing demand for the product have enhanced its influence. The production is still considerable, but the yield is less than one-quarter of that twenty years previously, while the number of men employed has dropped from 70,000 to 11,000. Not only has there been a marked decline in production, but it is anticipated that thisdecline will continue, and continue more markedly. It is therefore desirable to ascertain the causes of the decline and inquire into means for diminishing or preventing it.The problem under discussion is far from being only local. Finlay states: The grand feature of the history of the business has been the progress of an economic cycle unfavourable to gold milling. The USA yield fell from $101,000,000 to $44,000,000.South Afriea has for some time produced one-half of the world's gold; yet in the Mining and Scientific Press of 11th February, IH22, General Smuts is quoted as saying that if the premium disappeared entirely 24 out of 34 mines would shut down. The solution, however, might be either general eg, a great advance in the metallurgy of gold; or local eg, a bonus; but before discussing any of the proposed solutions it will be advantageous to review the situation.STATISTICS OF THE PAST AND PRESENT PRODUCTION OF THE WORLD AND OF AUSTRALIAThe inquirer soon finds that there is a good deal of uncertainty, and that much care is needed in collating figures. In some cases a considerable part of the output is not officially reported, and returns...

Jan 1, 1924