Search Documents

By H. M. Morse

This report on oil and gas development in Mississippi covers the period from Jan. I, 1944, to Dec. 31, 1944: Salt Domes During the year six salt domes were drilled for sulphur, but no commercial sulphur deposits were found. One salt dome, the Bruinsburg, in Claiborne County, has produced gas- at 935 to 940 ft' in Moody's Branch marl. The Stringer salt dome in Smith County and the Ruth salt dome in Lincoln County both had a slight showing of heavy oil. Other salt domes have been dry. In addition to the Bruinsburg dome, the Allen salt dome, in Copiah County, and the Richton salt dome, in Perry County, were discovered in 1944; also the Sumrall dome, in Covington County. New Oil Fields Baxtemille Oil Field.—The Baxterville oil field was discoveredby the Gulf Refining Co, in sec. 7, T. I N., R. 16 W., Lamar County. At the end of the year this field had one oil well, with two active operations. Production for 1944 was 1047 bbl. of oil. GwinvilLe Field.—Gwinville field was discovered by S. W. Richardson, in sec. 24, T. 9 N., R. 19 W., Jefferson Davis County. This discovery well was a gas-distillate well, the oil being crystal clear. At the end of 1944 there were two gas wells and one oil well in the field. The oil well is approximately 2 1/2-miles from the gas- distillate wells. Gas production was 55,801 M cu. ft. and the distillate production was 2644 barrels. Heidelberg Oil Field.— The Gulf Refining Co. discovered the Heidelberg field in sec. 30, T. I N., R. 13 E., Jasper County, in January 1944. This field has by far exceeded the other 1943 and 1944 discoveries, having approximately 56 oil wells, 7 dry holes, and 10 active wells at the end of the year. Production to Jan. I, 1945 was 1,441,192 bbl. of oil. Mallalieu Oil Field.—The california Company discovered the Mallalieu oil field in set. 10, T. 7 N., R. 8 E,, Licoln. County. At the end of the year there was one well in the field with three active operations. Production was 32,303 bbl. of oil. Old Oil Fields Brookhaven Oil Field, in Lincoln County, has one oil well, which produced 2590 bbl. of oil during 1944. CarY Oil Field, Sharkey County1 has only one producing well, which produced 11,818 bbl- of oil during the Year- In Cranfield Oil Field, dams County, II oil wells and two gas-distillate wells were drilled in 1944 and there were five active wells on Dee. 31, 1944- The total production for the Year was 5251422 bbl-of oil. The gravity of the oil is 40" to 54.9'- In Eucutta Oil Field1 Wayne County1 34 oil wells were completed during 1944. There were five dry holes and six active wells at the end of the year.. The field produced 454,332 bbl. of all d the average gravity is 25" Flora Oil Field, Madison County, pro-

Jan 1, 1945

By F. D. DeVaney

IT is of great interest that the various organizations engaged in the search for a cheap and efficient agglomeration process for fine magnetite concentrates-essential if the taconites are to be utilized-have ended up with processes that are basically different. This paper describes the development and the present status of the shaft-type furnace as now utilized by the Erie Mining Co., which is managed by Pickands Mather & Co. The shaft furnace has always had an appeal to metallurgists because of the simplicity of the design and the possible low fuel consumption. Work done on pelletizing at the University of Minnesota Mines Experiment Station by E. W. Davis and his associates determined that it was possible to roll up fine magnetite concentrates in a balling drum, and that, if such balls were fired at a sufficiently high temperature, a hard, indurated pellet, well adapted for use in a blast furnace, could be made. Early furnaces had no heat recuperation and the heat consumption was in the order of 2 million BTU's per long ton.

Jan 3, 1958

By R. D. Rubright, Owen J. Hart

In the Bingham district over a span of more than 90 years, 43,947,104 tons of "non-porphyry" copper, lead, zinc, gold, and silver ore have been mined from a folded and faulted alternating series of Pennsylvanian and Permian limestones and sandstones and from some Tertiary intrusives. This ore came from six major mine areas located east, south, and west of the Bingham stock, site of Kennecott's porphyry copper deposit. The sediments were affected by varying degrees and types of metamorphism within 2000 feet or more of the Bingham stock. The intrusives consisting of the mineralized Bingham and the unmineralized Last Chance stocks and numerous dikes and sills of granite and monzonite were intruded into the asymmetrical northwest-trending and plunging Bingham syncline. Extrusives, although present, contain no ore. The bulk of the non-porphyry ore in the district was found above the Midas thrust. The primary ores are found in three major types of deposits: concordant bedding fissures, crosscutting fissures, and replacement deposits. These deposits consist of both copper and lead-zinc ore bodies that contain various amounts of gold and silver. These are in places roughly zoned both laterally and vertically and have been mined for up to 10,000 feet outward from the center of the Bingham stock and up to 5000 feet vertically below the surface. Secondary ore was of minor importance and was found in and under the oxidized zone at shallow depths. Genetically the Bingham stock, the ores, and related phenomena have had a common source.

Jan 1, 1968

[EDMUND M. WISE, Chairman ROBERT H. LEACH, Past-Chairman D. K. CRAMPTON, Vice-Chairman CARL E. SWARTZ, Vice-Chairman W. M. CORSE, Treasurer LOUIS JORDAN, Secretary 29 West 39th St., New York, N. Y. Executive Committee 1941 1942 E. A. ANDERSON FRANCES H. CLARK D. L. COLWELL W. L. FINK W. P. SYKES J. T. NORTON 1943ERIC R. JETTE LOUIS W. KEMPF GEORGE SACHS]

Jan 1, 1940

By R. A. Sharma, F. D. Richardson

Manganese oxide acitivities and sulfide capacities have been measured at 1650°C in mixtures of MnO + A1203 and MnO + SiO2 - Al2O3. Sulfide capacities have also been measured at 165O0C for melts of MnO + SiO2, MgO + SiO2, MgO + SiO2 + Al2O3, MgO + MnO + SiO2, and SiO2 + Al2O3 and for crystalline CaO. The activity coefficients of the sulfides of manganese and magnesium have been derived where possible. It looks as though the activity coefficients of sulfides are greatest at compositions where the free energies of formation of the silicate mixtures have their maximum negative values. The amphoteric nature of alumina is reflected in the results for the binaries and ternaries in which it is present with silica. The limiting solubility of CaS in CaO at 1650°C is 6.3 x 10-4 mole fraction. THE activities of manganese oxide have been measured in a variety of silicate and aluminate melts by use of the equilibrium (MnO)slag = [Mn]pt .½O2 [l] and the experimental techniques described previously.' Sulfide capacities (CS = wt pct S (PO2/PS2)½) have also been determined in a series of melts, by use of an established method2 which exploits the equilibrium (O°) + ½S2 = (S") . ½O2 [2] If CS and the activity of a metal oxide are known in a melt, the activity coefficient of the metal sulfide can be calculated by use of the equilibrium constant K, for the pure phase reaction MO i ½S2 = MS + ½O2 [3] The activity coefficient of the sulfide is then given by the equation

Jan 1, 1965

By AIME AIME

THE American copper mining industry is threatened with disintegration and destruction. This threat is not one which may only materialize in the distant future. The destruction has already commenced. At present, many domestic mines have already closed down. .Others are operating on a greatly curtailed basis. Those operating are doing so only at tremendous loss-because the selling price of copper is below the cost of production and rapidly diminishing financial resources and credit clearly forecast the early suspension of operations in most of the industry. Unemployment in the mining districts is increasing by leaps and bounds. While this condition is due in some measure to the present unsatisfactory state of business in general, the copper industry, unlike other lines of business, sees no possibility of recovery without definite aid. The fundamental, underlying cause of present conditions in the American copper mining industry is the unprecedented rise in foreign production, and the basic change which has taken place in the world copper industry in the last three years. The American industry had begun to feel this change early in 1929 long before the general collapse of business in the fall of that year. While the distress in the industry is undoubtedly aggravated by the present economic depression, it nevertheless would have arrived and. have been present at this time, regardless of general business conditions.

Jan 1, 1932

By T. K. Prentice

ABSTRACTED AND REVIEWED BY E. W. DAVIS,* MEMBER A.I.M.E. THE January-February number of the Journal of the Chemical Metallurgical and Mining Society of South Africa is made up entirely of a discussion of Ball Wear in Cylindrical Mills. Following the principal paper by T. K. Prentice are several remarkably pertinent and carefully prepared discussions. Few persons in this country would be likely to see this publication, and since the information presented is new and of current interest, it seems desirable to abstract and review this publication for the benefit of the members of the A.I.M.E. The purpose of the investigation is stated in the first two paragraphs of Prentice's paper, as follows: Early in 1941, The Chamber of Mines Steel Products, Limited, initiated a series of tests under semi-working scale conditions to determine, if possible, those physical and chemical properties of a ball which make it resistant to wear when used in a cylindrical mill as a grinding medium, with the primary object of incorporating those beneficial qualities in the balls being produced at their works. This paper describes the tests carried out and discusses the results obtained. From these results it was possible to formulate a new theory relating to ball wear in cylindrical mills. This theory is presented in the second portion of this paper. PRACTICAL BALL-MILL TESTS IN A CYLINDRICAL MILL Part I of the paper begins with a discussion of the methods used for the manufacture of grinding balls in South Africa. The following paragraph is of particular interest. The cast steel ingots, 4 ¼ - in. square by 3 ft. 6 in. long, are re-heated in a gas-fired sloping stationary-hearth furnace and then rolled in a six-pass continuous mill into 2 5/8 in. round billets. Some of these billets are then removed and cut into suitable lengths for forging into 4 in., 3 ½ in., 3 in. or 2 ½ in. balls by means of three Drop and two Beché hammers, but the greater number, whilst still at about 1,000 ºC., pass directly into a set of scroll rolls which produce, in an ingenious manner, finished 3 in. balls direct from the 2 5/8 in. billets. Except in special cases, all balls are allowed to cool in the atmosphere and are not water quenched. Details of the Tests In order to enable the reader to evaluate properly the results and conclusions in the rest of the paper and in the discussions following the paper, most of the information presented by the author under this heading is quoted: ….. The testing unit was a nominal 30 in. diameter and 18 in. long centre discharge Denver Ball Mill. The ore pulp to the ball mill comprised a small portion of the normal feed to one of the fourteen City Deep 5 ft. 6 in. X 22 ft. tube mills, and the grinding media consisted of the balls under test plus other balls to give the desired load. The running time of the test-mill was divided into approximately equal periods of five days 13 ½ hours each. The usual procedure was to examine and make up the load

Jan 1, 1944

By Stanley Herold

A FEW notes on the occurrence and significance of mud volcanoes in Colombia may be of interest at the present time, owing to the renewed activity in geological exploration of, the coastal regions bordering the Caribbean Sea. The best-known volcanoes are found a few miles from the seacoast. One is situated to the south of Puerto Colombia; the second, to the east: of Cartagena near the village of Turbaco; and the third, near the village of Puerto Escondido south of the Sinu River. Others. are reported in more inaccessible localities. Usually they stand 2 1/2 or 3 ft. (0.762 or 0.914 m.) above the surrounding ground at the crater, though several craters from 10 to 20 ft. (3.04 to 6.09 m.,) apart will often build up an extensive mound at low gradient. The shallow mound may cover 1/2 or 3/4 acre (0.2 to 0.3 ha.) with an elevation of 12 or 15 ft. (3.65 or 4.57 m.) at the center. The craters are formed of hardened blue clay; the inside diameters vary from 14 to 24 in. (35.56 to 60.96 cm.). The rim is continuous, except on one side where there is usually a cut 3 or 4 in. deep, thus allowing an overflow. The craters are filled to the rim-cut- with a thick mixture of blue clay mud and water, which is kept in agitation by escaping gas. Fig. 1 shows the bubble in the act of bursting and Fig. 2 the appearance of the surface of the viscous fluid a second or so later. The frequency of the explosions is determined by the weight of the column of fluid in the neck of the volcano, consequently, such explosions are not synchronous in a group of craters. Ordinarily, there are two or three explosions in about 3' minutes. The supply of gas is small but steady and sufficient pressure must accumulate before the bubble can enter the column of fluid. The water is derived from the surface and enters the sedimentary strata not` far distant from the volcano. During long dry seasons, as the supply of water fails the volcano dries and geyser action ceases.

Jan 7, 1919

By H. A. Shaw, H. G. G. Whitton

This paper describes the use of the electric-arc furnace for the production of tough-pitch, horizontal cast copper shapes and the production of copper anodes from tank house anode scrap. This installation is the only one of its kind in the United States. SINCE the initial use of electric-arc furnaces for refined copper melting on a commercial scale at Copper Cliff in 1936, this type of melting has been of extreme interest to everyone in any way connected with copper casting and fabricating. Early in 1948, Kennecott Copper Corp. decided to build an electrolytic copper refinery at Garfield, Utah. One of the major decisions to be made at that time was the type of furnace to be used for melting cathodes for casting into refined copper shapes and for melting anode scrap for the production of anodes. Based on the results obtained from arc furnaces by the Tnternational Nickel Co. of Canada, at Copper Cliff, and by the American Smelting and Refining Co., at Baltimore, coupled with certain important economic factors such as having an adequate amount of relatively cheap power available at the Magna Central Power Plant, high cost of poles and oil in the Salt Lake District, and the lack of natural gas at that time, the final decision was to install electric-arc furnaces rather than the standard type of rever-beratory furnaces. Experience has shown certain parts of the original installation to have been inadequate or in need of modification. Although the present status of arc-furnace melting at the Utah Refinery is far from perfect, nevertheless substantial progress has been made. At the Utah refinery, copper is melted in three 15-ft diam, size "M" Lectromelt furnaces, two of which are used for melting cathodes and one for remelting anode scrap. Each furnace is energized from a 13,800-225 v, 3-phase, 60-cycle, 6000-kva (at 40°C rise) oil-immersed water-cooled transformer. Auxiliary equipment for each refined copper furnace includes a charging machine, launders, ladle, 40 ft diam Walker-type casting wheel, bosh, and inspection conveyor. The anode furnace differs in that it is charged by hand from an elevated platform and the anodes are picked off the 24-ft diam casting wheel by a takeoff hoist and loaded directly into specially designed trailers, Figs. 1 and 2. Electrical Equipment Electric power to operate the arc furnaces is generated at the Kennecott-owned Magna Central Power Station two miles distant and transmitted to the Refinery outdoor substation at 44,000 v. At this point it is stepped down to 13,800 v and carried through concrete-lined underground tunnels to the switchgear and then to the primary side of the furnace transformers. The power is conducted from the Y-connected secondary bus bars of the transformer to the electrode arms by means of 22 flexible copper cable conductors per phase. Each cable has a cross-sectional area of 1,750,000 circular mils, giving a total area of 38,500,000 circular mils per phase. The power is carried from these cables to the three individual electrode holders by means of water-cooled copper bus tubing. The electrode clamps are incorporated in the electrode holders and are released by air pressure working against a spring in the clamp control cylinder. The movement of the electrode arms is either automatic or manual. The automatic control is used during melting and is regulated by three Westing-

Jan 1, 1954

By George S. Rice

THE year 1929 has shown a surprising growth in the attention given by mining men to the subject of ground movement and subsidence from mining, as evidenced by the large number of articles that have appeared in technical journals, also papers and discussions in mining societies in the leading mining countries of the world. These have not been confined to consideration of the narrower limits of the subject but in application have extended to many of the fundamental questions involved in mining. The papers and discussions have been concerned with .ground movements resulting from mining of a great variety of minerals, metallic and lion-metallic. Examples of the former are: the mining of gold ore at Johannesburg, South Africa, and in the Kolar field, India; mining copper ores in Arizona and Utah; and lead and zinc in the Joplin region. Examples of ground movement resulting from mining non-metallic minerals are found in: the mining of. coal in many countries; potash mining in Germany; the mining of- common salt in several parts of the' United States; and the mining of sulfur in Texas and Louisiana; and examples of subsidence in the non-metallics are found exceptionally in the extraction of petroleum by wells, as in the Goose Creek field, on the Gulf Coast,' and recently in the Sour Lake field' of Texas

Jan 1, 1930

By John Hillman

Reconstruction of the British mining industry began shortly after nationalization in 1947 and continued until well into the 1950s with the support of the government. This support diminished as plentiful supplies of cheap oil from the Middle East made many coal mines uneconomic. The planned rundown which followed was foreshadowed in the 1965 White Paper which outlined financial measures to speed the closure of uneconomic collieries. The decline appeared likely to continue into the 21st century as the role of coal in UK energy requirements became less and less significant. This policy was well on course in 1973 when the oil crisis led to a complete reappraisal of the position. A government examination in 1974 of the coal industry then supported the National Coal Board's general strategy of major capital investment as set out in its 'Plan for Coal'. The plan was aimed at halting the intended decline in the industry's capacity and restoring it to 120 million tons of deep mined output in 1985. The plan proposed action along the following lines: Increase output by major investment in construction at existing collieries with sufficient reserves to give 13 million tons per annum extra output.

Jan 1, 1980

Jan 1, 1884

By R. F. Evans, J. M. Avert

Much has been written of the glamour of magnesium from sea water, the Aladdin-like creation of a huge magnesium plant in the Nevada desert using cheap hydroelectric power from Boulder Dam; the marvels of the Hansgirg process for the electrothermal reduction of magnesium oxide by carbon, and the ferrosilicon process for producing magnesium from dolomite. This is the story of the production of magnesium by the electrolytic process, using steam-electric power supplied by a public utility, in a plant at Painesville, Ohio, 30 miles east of Cleveland on the shore of Lake Erie. The story is not without interest, since it involves several unique developments that provide the answer to a question frequently asked: How is it possible to produce magnesium metal economically at such a location as Painesville, Ohio? Basically, the answer lies in making use of facilities already in existence for the production of soda ash, which makes it possible to manufacture magnesium chloride, the principal raw material, cheaply enough to offset the high cost of electric power. To this is coupled the successful conversion of by-product chlorine into a product required for the war program. The source of magnesium for this opera- tion is the enormous surface deposit of high-grade dolomite in the region south of Toledo, within reasonable freight haul of Painesville. This same geological stratum underlies the Painesville plant, but unfortunately at a depth of about 3000 ft.— apparently too great a depth to permit underground mining to compete with the delivered cost of rock from surface quarries in other areas. The cost of dolomite obviously is an important factor, since the rock contains only some 12 per cent magnesium (20 per cent MgO) so that one dollar on the cost of stone means more than $8 in terms of its magnesium content, and more than that in terms of recoverable magnesium metal. Production of Magnesia from Dolomite In the summer of 1941, the Diamond Alkali Co. was well along with construction of a plant intended for the commercial production of refractory and other grades of magnesia from dolomite. The process to be used was designed to make maximum economic advantage of existing plant and operations by tying the production of magnesia in with the manufacture of soda ash in such a way as to make use of the lime [CaO)., value of calcined dolomite. The process finally adopted after a lengthy research and development program has much in common with the old Clerc-Nihoul process, but includes certain innovations found to be necessary or advantageous. Essentially, the process is based upon the following series of reactions:

Jan 1, 1949

By AIME AIME

A discussion of the Papers by Prof. H. Hubert, Liege, Belgium ; Mr. Tom Westgarth, Middlesbrough, England ; and Mr. K. Reinhardt, Dortmund, Germany, presented at the London Meeting, July, 1906, and printed in Bi-Monthly Bulletin, No. 12, November, 1906; pp. 910 to 930, 971 to 987, 1037 to 1163. MR. ADOLPH GREINER, Seraing, Belgium :-I have nothing special to add to Professor Hubert's paper except to say that there are some little things that it would be well to have cor-rected when the paper comes to be published. In dealing with the thermal efficiency of the engine, you will find that the 29.84 per cent was a very high one. Professor Hubert has forgotten those engines built under the Cockerill type, but he has referred to them in Appendix II. At our works at Cockerill we have built 63 engines, giving 63,000 h.p., and the other companies who have received licenses have built 113 engines, making 103,000 h.p., and aggregating 176 engines and 166,000 h.p. Eight years ago I had the pleasure of giving to the Institute the results obtained up to that time. Since then a good many engines have been constructed. In 1898 I thought a blast-furnace producing 100 tons of pig iron would allow 3,000 h.p. Professor Witz and Professor Hubert show that with the same production of pig the new engines take 3,800 h.p. out of the gas. At present at Cockerill we make 700 to 800 tons of pig iron per day, and we hope to have 26,000 h.p; in a few years. At present we have only half of that in gas-engines, but we hope to have in five or six years all the gas out of these furnaces to the number of 25,000 or 26,000 h.p. MR. Tom WESTGARTH, Middlesbrough, England:-My contribution is not a paper in the ordinary sense of the word, because I am sure you will agree with me that what I have written is only supplementary to the other two papers. The notes are schedules of the larger-size gas-engines built by the engine-makers, of 500 h.p. and upwards. If you look at the schedules you will find that in England gas-engines have be-

Jan 1, 1907

By Fred D. DeVaney

DURING the past few years a radically new process for the magnetic roasting of iron ores has been investigated and developed by Pickands Mather & Co. and the Erie Mining Co. in the Erie laboratory at Hibbing, Minn. This process, originally devised by Dr. P. H. Royster of Washington, D. C., involves the use of a roasting technique quite different from older methods. It has now been demonstrated that iron-bearing materials can be roasted as effectively as by any previously known method, and at a much lower cost. The increasing shortage of highgrade iron ores in this country has accelerated the search for new methods that would permit low grade materials to be utilized. The concept of magnetically roasting low grade nonmagnetic ores such as the oxidized taconites and then separating such material magnetically has always had considerable appeal. The magnetic concentration idea is attractive because of the sharpness of the separations and cheapness of the method. Heretofore, however, the equipment and the processes available for the magnetizing-roasting -step have left much to be desired. The customary equipment available for reduction roasting has been: 1-multiple hearth furnaces, 2-rotary kilns, and 3-shaft type kilns. In addition, it is understood that some work has been done in magnetically roasting fine ores by a process using the FluoSolids principle, but little information on this process is available. The multiple hearth kiln has been used the most but first costs and operating costs have been high because of low capacity, high maintenance, and poor gas utilization. Magnetic roasting can be done in a rotary kiln, but the radiation losses are high and the conversion to magnetite is usually unsatisfactory because of poor contact between the gases and the solids. Of the shaft-type furnaces, probably the most efficient yet developed is that designed by E. W. Davis of the Minnesota Mines Experiment Station. This furnace was operated at Cooley, Minn., during 1934-1937 but was abandoned in 1937 because the operation was uneconomic. Heretofore the basic concept behind most magnetic roasting processes has been the idea of heating iron ore to a temperature of 800° to 1100 °F in a strong reducing atmosphere, preferably either carbon monoxide or hydrogen. Temperatures under 800°F were undesirable since excessive roasting time was required. Temperatures over 1100°F were avoided because of the danger of converting part of the iron to ferrous oxide which is nonmagnetic. In the new roasting process, the operation is carried on in a shaft furnace using a controlled atmosphere containing a low percentage of reducing gas. The temperature in the roasting zone is considerably higher than with the usual reducing gas and this speeds up the reduction time. Portions of the spent furnace gases are cooled and recirculated and this together with the good contact between ore and gas makes for high reducing gas utilization. High heat economy is secured by recuperating heat from the roasted ore by passing the cold reducing gases countercurrent to flow of ore. The heat transfer principle is similar to that employed in a pebble stove and to that used in the Erie Mining Co. furnace at Aurora, Minn., for pelletizing fine magnetite concentrates derived from taconite. The theory of controlled atmosphere during the roasting operation can best be appreciated by inspecting the equilibrium diagram of the Fe-C-O system shown in Fig. 1. An inspection of this diagram shows that in certain areas magnetite, Fe3O4, is the only stable form of iron. A further inspection of this table shows that if the proper ratio is maintained between carbon dioxide to carbon monoxide, such a gas will be reducing with respect to hematite, Fe2O3, and will be oxidizing with respect to both ferrous oxide, FeO, and iron, Fe. It should be kept in mind that the formation of ferrous oxide in a roasting operation is harmful, since this oxide is nonmagnetic; if it forms in any quantity, it will cause substantial loss of iron in the ensuing magnetic separation step. If a ratio of approximately three parts carbon dioxide to one of carbon monoxide is maintained, the resulting operation can be carried on at a relatively high temperature without fear of over-reduction. Specifically, most of the tests in the Erie furnace have been made at a temperature of 1500° to 1600°F, with an entrant gas containing approximately 5 pct carbon monoxide and 15 pct carbon dioxide, with the remainder largely nitrogen. It should be remembered that the ratios of carbon monoxide to carbon dioxide shown in Fig. 1 hold even though the bulk of the gas is an inert gas such as nitrogen. It may surprise many to learn that a gas containing as low as 3 pct carbon monoxide, and 12 pct carbon dioxide with the remainder nitrogen is an extremely effective reducing gas in the 1000° to 1600°F temperature range. The reducing gas is not limited to carbon monoxide, and mixtures of hydrogen and carbon monoxide may be used effectively, provided that a similar ratio is maintained between the reducing gases and carbon dioxide and water vapor. For a more detailed explanation of the theory involved, the reader is referred to U. S. patents 2,528,552 and 2,528,553. From a safety standpoint, the weak reducing gas used in the furnace offers an advantage. Its composition is such that it is well below the limits of explosion should air enter a hot furnace. This condition is not true with the usual reducing furnace, in which a gas rich in carbon monoxide or hydrogen is used. The general furnace design and method of operation may best be understood by an inspection of

Jan 1, 1952

By James Douglas

As the operation of light railroads is important to the mining industry, the following statistics of the Arizona Southeastern Railroad may be of interest. When the traffic of the Bisbee copper-mines reached 20,000 tons per year the necessity of better transportation than that afforded by eighteen- and twenty-horse and mule teams became imperative on the score of both cheapness and convenience. Before deciding on the construction of a railroad, the Copper Queen Company made a thorough experiment in transportation

Jan 1, 1899

(This list includes only those who have entered military service within the past month, or whose entry has only recently become known to us; it also includes a few names of those whose titles or assignments have been changed within the month. The last complete list was printed in Bulletin No. 131, November, 1917. A complete Honor List is maintained in the reception room at the office of the Institute.) BANKS, HAROLD P., 2d Lieutenant, Ammunition Train, 2d Division, U. S. A. BARKER, L. M., Co. B., 62d Infantry. BENHAM, W. M., Sergeant, Co. H, 158th Infantry. BOUDWIN, WALKER J., Co. C., 25th Engineers, Camp Devens, Ayer, Mass. BOWLES, MARTIN F., 2d Lieutenant, Co. B., 355th Infantry. BURG, ROBERT S., Instrument Sergeant, Headquarters Co., 340th Field Artillery, N. A. CHALMERS, JOHN W. P.; Signal Depot, Royal Engineers. CHETNEY, P. C., Corporal, 340th Field Artillery, Headquarters Co. CLARK,. WILL L., Federal Fuel Administrator for Arizona. COFFEY, George W., Lieutenant, Engineer Section, Officers' Reserve Corps.

Jan 1, 1918

By FRABK HERVEY PETTINGELL

THE stock exchange and its functions is about as well understood by the average individual as the fourth dimension. What is a stock exchange? Divested of the rules and regulations by which it is governed, and the facilities it provides for the convenient handling of securities, it would be in its nude state nothing more or less than a meeting place for brokers. The stock exchange in America dates back to 1752, when a group of merchants of New York established a meeting place at the foot of Broad Street for the purpose of dealing in meal and slaves. The first definite orgarization, however, had its beginning in 1792 when 24 New York brokers signed an agreement not to buy or sell public stock for less than one quarter per cent. commission. From this small group has grown by gradual degrees, the greatest organized security market in the world, namely, the New York Stock Exchange. At the present time there are 27 stock exchanges in the United States and 5 in Canada. Based on the volume of business transacted, the Los Angeles Stock Exchange ranks 6th among them. This is attributable to the fact that strictly speaking Los Angeles has never been a stock exchange town, like some other large cities. Take for instance San Francisco, which supported one stock exchange from 1862 to .1882 and has since supported two. No city, by the way, should tolerate two stock exchanges at the same time. It is an economic folly and a senseless duplication that can be compared with rival telephone companies or competing street railway systems, paralleling each other's lines and always leads to trouble and confusion, and sooner or later one or the other falls by the wayside. While Los Angeles has had stock exchanges of one kind or another since 1896, none of them attracted much attention until 1899 when the present exchange was organized and it did not get well under way until along in 1906.

Jan 1, 1925

By Philip W. Simmons

THE Colorado Plateau uranium province is in a mining boom rivaling the most colorful days of the early West. The application of scientific skills and the use of modern and novel mechanical equipment, however, is unique. No metal has ever received such concentrated effort from geologists and mining engineers. Moreover, no other metal has had the variety of tools available for finding and mining ores. Radiation detection equipment, bull- dozers, truck-mounted wagon and core drills, jeeps, airplanes, helicopters, tractor loaders, self -propelled 3-wheeled dump cars, front-end loaders and fleets of modern trucks are some of the present-day tools of the uranium prospector and miner. Because uranium is so vital to our national defense, the Atomic Energy Commission has offered many incentives for its mining. Through a series of circulars, the AEC has established base price schedules and various incentive payments. The incentive payments for acceptable ores from domestic mines are: (1) a guaranteed base price of $3.50 per Ib for ores assaying 0.20 pct U3O8 and more; (2) premiums based on grades above 0.20 pct U3O8 as for example, ores assaying above 0.50 pct U3O8 receive $1.00 per lb premium; (3) a development allowance of 506 per Ib of U3O8 contained in ores assaying over 0.10 pct U3O8 (4) an ore haulage allowance of 64 a ton mile for a maximum of 100 miles; and (5) an initial production bonus which may amount to as much as $35,000 in addition to all other payments. The producers have been guaranteed this policy until Feb. 28, 1957. The other four will continue until April 1962.

Jan 4, 1954

By Douglas Muir, Chas. A. Chase

The Aztec mine is not widely known, by reason of its isolation and the relative insignificance of its tonnage; financially, however, it has an enviable record and geologically it is extremely interesting. The town of Baldy, Colfax County, the mine camp, at an elevation of 10,000 ft. (3048 m.) is 8 mi. west of Ute Park, the terminus of a branch of the A. T. & S. I?. Ry. The mining tract was designated by the Maxwell Land Grant Co. as the Aztec Reservation, and lies on the east slope of Mt. Baldy, the summit of which, 12,491 ft. (3807 m.), is one of the highest in the state. Rich copper float was found on the northeast slope of the mountain in 1865, and discovery work was begun the next year. At the same time, gold placers were found on Willow Creek, on the southwest side of the mountain, and the Elizabethtown settlement followed shortly. Gold washing lasted many years. In 1867, placer gold was found also on Ute Creek, the tracing of which to its source led to the locating of the Aztec mine by Lynch, Dogherty, and Fosley in the following year. The early production came from the contact of shale and sandstone or from sandstone immediately above the contact. Exact record of production is lacking, but L. C. Gratonl gives estimates ranging between $1,250,000 and $1,500,000, of which about $1,000,000 was taken out in the first four years. After the exhaustion of the early bonanza, production continued intermittently until 1909, when the Maxwell Land Grant Co, undertook systematic development, through four adits at intervals of 75 ft. vertically or approximately 100 ft. on the dip of the contact, which was thought to contain generally a quartz-pyrite vein. The two intermediate adit? almost immediately reached ore, the most southeasterly in Fig. 2. This ore, however, was not mined until 1911-12; its grade was about $20 and

Jan 1, 1923