Search Documents

By Carl Beal

THE most important factors that should be given consideration in valuation of oil land are: (1) the amount of oil the property will produce; (2) the amount of money this oil will bring (based upon the future prices of oil) ; (3) development and production costs; (4) the rate of interest on the investment; (5) the retirement or amortization of invested capital; and (6) the salvage or "scrap" value of the equipment when the property is exhausted. These factors are of varying importance, and some of them may not enter all valuation problems, but most of them should be given consideration in any valuation even though only a rough estimate of the value of the property is desired. The value of a property may be changed over-night by the completion of important test wells, by the sudden water flooding, or by a change in the price of oil. The best a petroleum engineer can give is the value of the property under the conditions existing at the time the appraisal is made with a fair forecast of future action of the wells and of the price of oil. Our experience in the scientific valuation of oil lands is not broad and there is very little published information on the subject; it, therefore, becomes necessary in studying such problems to form comparisons with the factors involved in the valuation of mines-the closest parallel. One of the reasons for the lack of substantial progress in oil-land valuation methods has been the necessity of making an estimate of the future production of the oil property to be valued. Oil men and accountants have not generally conceded that such estimates could be made with any degree of accuracy. It has been shown, however, in several recent publications that with certain data available reasonably close estimates can be made. The accuracy of an appraisal depends chiefly on the accuracy of the estimates of future production and of the future price of oil. The accuracy of the former is sometimes necessarily based on geological inferences. Geology is not an exact science and geological data in connection with oil production cannot always be mathematically evaluated.

Jan 9, 1919

By W. N. Best

THIS paper is not intended as a scientific discussion of the combustion of oil but is written from, the standpoint of an operator who has the experience and qualifications necessary to guide others in producing the most economic results in the use of liquid fuels. Oil, in this paper, usually, means petroleum or its products but incidental reference is made to other liquid and gaseous fuels, so that the term may be considered, as referring to all liquid and gaseous hydrocarbons in comparison with solid fuels, as coal and. wood. However, only a few of the principal factors in the use of oil as a fuel can be given. The present, and prospective, high price of coal is causing users of fuel to renew inquiry as to the merits of other forms of fuel for industrial purposes. Crude oil (petroleum) is proving to be one of the world's most valuable mineral resources. The recent discovery that oil underlies a considerable area of the United States, Mexico, and other parts of the world to a greater extent than was formerly believed and the large production of some of the wells in these areas shows the probable quantity of fuel oil that may now be available. Through the energy of Lord Cowdrey, who was one of the pioneers of the oil industry in Mexico, oil has been discovered in England; some prominent geologists believe that it may be found yet, in quantity, in Great Britain. For years, oil has been known to be of great value in the manufacture of metals. It has proved incomparable in forge shops, steel foundries, heat-treating furnace s, and wherever accuracy of temperatures is essential, or where a maximum output is desired as well as quality of metal. In some types of equipment, the output produced with oil as fuel is double that obtained with coal and, at a reduction of 50 per cent, in the cost of the fuel. For example, in drop-forging plants, the metal is always waiting for the man when oil is used as fuel, whereas with coal, the man must wait for the metal to become sufficiently heated.

Jan 8, 1920

By C. Q. Payne

The art of crushing ores and other materials by means of rolls is a comparatively recent one. While the first record of rolls using iron crushing-surfaces dates hack to the year 1806, when they were employed in Cornwall, their principal developmcnt has taken place during the past 30 years. To Stephen R. Erom belongs the credit of the pioneer in introducing the belted high-speed roll, which has had its origin and a marked development in this country. His notable contrib'ution to the art was in the use of a single bed-plate or frame supporting the roll-shafts, and to which levers holding the mova, ble roll-bearings were pivoted. He also made use of steel tension-rods to support the crushing-strains, and of hammered-steel tires for the crushing-surfaces. These changes brought the design of crushing-rolls to a high level. Following closely thereon, about 1885, W. R. Eckart conceived the idea of the swivel or ball-and-socket support for the roll-shaft bearings. This is an excellent mechanical conception, especially for bearings held against a spring pressure, and while it may not be necessary for all types of rolls, yet it has been quite generally adopted by other roll-designers, and illustrates the refinement which roll-construction has now reached. Other engineers, as, for example, Argall, Vezin, Roger, and Sturtevant, to mention only a few among many, have also given the closest attention to the various details of rolls, such as the frame, springe, bearings, and shafts, and have developed many novel and original designs. It has remained, however, for the boldness and originality of Mr. Edison to extend the field of crushing-rolls in two new directions, and to cause them to ex-

Jan 1, 1913

By Charles H. Doolittle, Royal P. Jarvis

The following notes are contributed, not with the idea of offering a complete history of the development of this very important process as applied to the Leadville district, but with the hope that the practice, as it was carried out in the Bi-Metallic Smelter, may still be of interest to others. The Bi-Metallic Smelter, at Leadville, Colo., was the first to make a commercial success of the process described in the following pages, which consisted essentially of smelting raw silver- and copper-bearing sulphide ores in blast-furnaces to form a matte, which was generally re-smelted with siliceous ores for a second high-grade matte. Robert Sticht, in his excellent monograph on the subject,' has outlined briefly the plant belonging to this company. He says, in effect: The Boulder, Mont., enterprise set the example for others with whom the patentee (W. L. Austin) had been negotiating, and the old La Plata lead-smelter at Leadville, Colo., was fashioned into a crude, temporary experimental plant for the Bi-Metallic Company, and the feasibility of the process demonstrated by a trial run. Subsequently, the plant was considerably improved, and, being supplied with very favorable ores, continued to run without interruption from August, 1892, to June, 1893. In September, 1803, smelting was resumed in a completely remodeled establishment, some $200,000 having been expended upon the new work. Thus, aside from the Montana experiments, which, under the direction of W. L. Austin, began as early as 1885 at Toston, and continued with indifferent success for six or seven years, the Bi-Metallic plant at Leadville may be said to have

Jan 1, 1911

In the time it takes you to read this sentence, you'll be "zapped" by about 40 cosmic rays. Though harmless, their existence is being probed by a team of Texas A&M University physicists. What's most unusual about the research project is the design and location of the telescope required to detect the particles-it's made of fluorescent light tubes and is 457 m (1500 ft) underground at United Salt Corp.'s mine in Hockley, Texas, about 80 km (50 miles) southeast of Texas A&M's College Station campus. Cosmic rays are actually particles smaller than atoms traveling at extremely high speeds. Scientists believe their source is the same as that of starlight, and that these primary particles entering the earth's atmosphere create secondary particles in collisions with oxygen and nitrogen atoms.

Jan 6, 1978

By M. K. Barnett

[ ] ENGINEERING research consists, broadly speaking, in the investigation of the effect of the variations in a number of factors on some property of a product or characteristic of a process. The unambiguous description of the product or process requires that the property or characteristic be expressible in quantitative terms. For the purpose of practical control, it is likewise desirable that the independently variable factors governing the product or process be quantities, although this ideal goal is not always attained. Maximum efficiency-i.e., the attainment of the maximum amount of reliable, useful information relating to the influence of the factors on the property of the product or characteristic of the process, for the least expense-is an important requirement for the satisfactory operation of a research organization. Obviously, a necessary condition for the attainment of maximum efficiency is an adequate knowledge of the specialized field in which the experimental research lies. While necessary, this condition is not sufficient. Proper attention must also be given to the general principles of experimental design together with the modem methods for the analysis and evaluation of experimental data. The present discussion is confined to a single design, the so-called "factorial" design. This design is of special interest in that it attains its goal, maximum efficiency, by directly departing from the

Jan 1, 1947

By Leonid Bryner

For many years, geologists have inferred a connection between the evolution of the earth's crust and ore deposition, a connection coming under the heading of metallogeny. In recent years the concept of metallogeny has assumed major importance in the exploration planning of Russian geologists in their quest for new mineral sources. As defined by Radkevich, metallogeny is "the science which studies the laws governing the distribution of ore deposits in the earth's crust." However, since it can be argued that metallogeny does not contain enough certitude to be classified as a "science," it would be more appropriately defined as the study of metallogenic provinces, and metallogenic epochs.

Jan 6, 1963

By C. S. Smith

The partial persistence of grain size and grain shape on melting and resolidifying crystalline substances, as well as the general effects of pre-solidifi-cation and of superheating on nuclea-tion rate, have been attributed to the presence in the liquid of crystalline impurities bearing some structural relation to the principal solid and hence capable of serving as nuclei for its crystallization. That such lattice matching does sometimes occur is well established, but it is surely improbable that a compound possessing both high-temperature stability and the requisite structural similarity should be naturally available in almost every system. It is now suggested that a mechanism for producing appropriate nuclei exists in the crystallization of all but absolutely pure substances. Impurities can he of many kinds. Some will give rise to compounds that are less soluble in the solid crystal than in the liquid. A . crystal forming from a melt or solution containing these will be supersaturated in some degree, and the foreign atoms will commence to segregate during or after solidification. They do not necessarily form pure, unstrained, crystals of the precipitating compound with its normal composition and structure. Generally—at least in the metallurgical examples that have been most studied —the first recognizable nuclei have lattice coherency with the surrounding matrix and have practically the same crystal structure and lattice spacing as the material in which they form, differ- ing only in composition. An extremely thin oxide layer formed under appropriate conditions on or in a solid metal will tend to be coherent with the metal lattice, and the first few atom layers of the oxide in contact with the metal will differ in both composition and structure from massive crystalliue oxide. It will resemble the metal more closely than the oxide. If it did not subsequently change on melting, such an oxide film would constitute an almost perfect "template" or two-dimensional matrix to hold a few atoms of the primary metal in the exact array needed to form a nucleus for solidification. Any precipitating material will adopt the correct spacing over a few atom diameters, and with appropriate substitution of other atoms of the correct sizes a precipitate can match the parent lattice over large areas of cohererlce without excessive strain. In metals, the componentsof a host of oxides, silicides, borides, nitrides, carbides, sulphides, and other compounds are always present in minute amounts. Some of these will be eliminated because of extreme insolubility in the liquid, while others will remain soluble in the solid; occasionally, however, particles will be formed in the solid by coherent precipitation—not of pure substances, but of whatever assortment of atoms best satisfies the joint requirements of availability, affinity, and appropriate average atom size. Of these, many will disappear on melting, but a few will persist unmelted as little rafts of complex composition, maintaining in the liquid a surface of the exact geometry needed to nucleate the solid on subsequent cooling. Their number and size distribution will determine the resulting grain size; the dimensions of the largest will determine the degree of undercooling that can occur before solidification commences. A similar process may operate in the case of phase transformations in solids. The coherent precipitation of supersaturated minor constituents in a low-temperature phase should facilitate the nucleation of this phase on subsequent cooling after transforming into another phase at higher temperatures. At first sight this hypothesis may seem little different from the older ones. It should therefore be emphasized that it does not depend on chance to provide the right compound to form a nucleus, but postulates that every crystal, containing minute amourlts of any of a wide range of impurities, automatically engenders particles having the correct surface structure to serve as nuclei for subsequent solidification. It could operate in any system, metallic, organic, or inorganic. The suggested mechanism is closely analogous to the production of antibodies from antigens in living organisms—indeed, it was a description of the matrix theory of this process that suggested to the writer its crystalline analogue.

Jan 1, 1950

By Samuel H. Dolbear

THE value of a mine is basically dependent on its capacity to yield profits. Since the ore must be mined, treated, and sold, some of it in various future years. there is a risk involved as to future costs, selling price, and working conditions. It cannot be expected that the economic condition existing at the time of valuation will continue unchanged for long periods in the future. During the past 20 years, mineral production in the United States has been conducted under a changing economy in many respects more exacting than that applied to other businesses. There have been increased production incentives, technical aid, exploration of privately owned mineral deposits by government at federal expense, and liberal loans for development and equipment, with risk partially assumed by government.. Some of these benefits have been counterbalanced by price ceilings, consumption controls, and stimulation of competition from foreign producers who have been offered the same advantages extended to American operators. For the present, mines will operate under a government policy directed toward reducing federal aid and control. The tenure of this change will depend upon future elections and the status of foreign relations. War and threat of war are now of the most vital significance to the mineral industries. Other factors which influence cost of production, markets, and price of mine output might be classified as Acts of God or Acts of Government. In some countries expropriation and the difficulty of exporting earnings or investment returns are risks that must be considered by foreign capital. Recognizing that this retards American investment in foreign countries, the Mutual Security Agency offers insurance against such expropriation and guarantees the convertibility of capital and profits. Since it is impossible to predict with certainty either cost of production or selling prices of metals for long periods, some assumptions must be made as to profits in the future. The basic assumption must be that the price of the company's product will vary in proportion to changes in operating cost. There is often a lag in this reaction, however, for prices of minerals are generally more sensitive to declines and less sensitive to increases than are costs. This reflects in part the resistance of labor to downward wage revision and a corresponding alertness in realizing its share of price advances. Some labor contracts include automatic adjustments to metal prices. Notwithstanding the complexity of the, problems involved and the difficulty of weighing their effect on value, such risks may be appraised with reasonable accuracy and a rate of earnings adopted that is compatible with the risk. It is, of course, possible to revert to a yardstick of value such as the commodity dollar, which has been advocated from time to time, but while revaluation in 1933 disturbed public confidence, the theoretical gold dollar continues to be the standard of greatest stability. Its gain or loss in purchasing power is reflected ultimately in cost of production and selling price of the mine product. At present 35 dollars are allocated to one ounce of gold. Measurement of Risk In the application of the Hoskold and most other formulae, a yearly dividend rate commensurate with the risk involved is set aside out of annual earnings. If the risk is great, this rate may be 15 to 25 pct of the amount invested. The remainder is placed in a sinking fund invested in safe securities such as high grade bonds or conservative equities, and the interest or dividends from these securities are added to the sinking fund. The sum of these sinking fund payments and the compounded interest at the end of the mine life is taken as the value of the mine. Admittedly the decision as to the size of the risk rate is the most difficult element in valuation and one requiring the most exacting consideration. It is necessary to look years ahead in an effort to determine future costs, market prices, demand, competition which may develop, including that of substitutes, and other influences common to the mine and to the region in which it is situated. Another phase of risk is the enactment of unfavorable legislation, taxes, and what appears to be an alarming spread of nationalization and expropriation. Capital is sometimes borrowed from the government to finance strategic production. Such loans may be collectable only out of production and involve no liability otherwise. Valuation in these cases must recognize the effect of such a reduction in liability. Offsetting some of these risks are the possibilities of mechanization and other cost-reducing discoveries, improvements in mining and treatment methods, new uses for minerals and metals, and normal growth of markets. In this paper, the terms risk rate, dividend rate, and speculative rate are synonymous. Safe rate and redemption rate are also used interchangeably. These alternatives are used here because they are commonly found in the literature on mine valuation. In Michigan, the State Tax Commission has long employed a risk rate of 6 pct in its valuation of iron mines. There the outline of reserves is well established and operating costs and conditions are based on adequate experience. The following comment on rates appears in the report of the Minnesota Interior commission on Iron Ore Taxation submitted to the Minnesota Legislature of 1941.1 Most engineers agree that 7 percent for the specu-lative rate is "an absolute minimum". C. K. Leith in

Jan 1, 1954

By R. M. Hardgrove

PULVERIZED coal was first used for firing cement kilns about 45 years ago, with such success that it has continued in general use. Based on cost, pulverized coal is usually the most economical fuel. In some localities natural gas or oil is cheaper, but 85.5 per cent of all cement kilns at present are fired with pulverized coal. The pulverized-coal flame is well suited to kiln conditions. Its soft, luminous nature gives it a high radiating property and the length of the flame can be readily varied to suit conditions in a kiln of any length. Ash and slag cause most of the difficulties incident to the burning of coal. In a cement kiln, however, the ash, being similar in composition to the raw mix and being deposited uniformly in the mix and clinker, occasions no difficulty as long as it remains constant in quality and quantity. Until 6 years ago almost all cement kilns using pulverized coal employed the bin system. The coal was dried and pulverized in a separate plant and delivered into a bin at the kiln. Thus the bin system requires driers, storage-type pulverizers, conveying systems, individual kiln bins, pulverized-coal feeders and primary air fans. The direct-fired system requires only a pulverizer and a blower. Fig. I shows typical plants. The first installations of direct-fired pulverizers were of the impact type but fineness of pulverization was both inadequate and variable. About 1927 a few direct-fired installations employing tube-type pulverizers were made, which were much more satisfactory. As more efficient pulverizers were developed from 1934 on, equipment for direct firing was installed at a large number of plants, until now 196 of about 900 kilns in use in the United States are direct-fired. Most of these replaced antiquated bin systems. PROCESS OF BURNING CEMENT CLINKERS The process of burning cement clinkers is fundamentally one of heat transfer. In boilers and other heat-exchange apparatus the area of the surface receiving heat from the gases is the best unit for comparing output. This seems to be equally true for kilns. The inside kiln surface is the heat-receiving surface and its area is used as the unit of kiln size in the following comparisons. Heat input is based on British thermal units in the fuel. E. G. Bailey,1 in his work on boiler-furnace heat absorption, has used the unit "B.t.u. available." This is the practical calorific power of the fuel, plus the heat in the air used for combustion. In other words, it is the heat available for useful work in the furnace or kiln. The unit of kiln output is barrels per hour. The composition of the raw mix, the percentage of water in the slurry of wet plants and hardness of burning all affect the output. These conditions, however, are hard to evaluate and probably have less effect on the output than irregularities of raw feed and clinker discharge and inexpert control of combustion. WET VS. DRY PLANTS The study presented here covers 88 plants, of which 41 are wet and 47 dry. Of

Jan 1, 1941

By H. W. Bell

There was considerable prospecting for new supplies of oil in Arkansas during the past year, regardless of the overproduction affecting the industry throughout the country. Justification for this new work was not lacking, as the local markets more than threatened to absorb a declining production. There were, however, no important new discoveries in the state during 1929. The McDonald area in sec. 2515, S.-18 W., threatened to expand into a major producing area. Oil showings had been encountered here in wells drilled by the McDonald Oil Corpn. as early as the fall of 1928. In July, 1929, an initial production of 1000 bbl. of 32" oil was obtained in McDonald Bros. B-3 Wilson, from a sand at 2780 to 2786 ft., which is about 80 ft. higher than the sand previously tested in the neighboring wells. This production declined rapidly. At the end of the year there were six producers making about 200 bbl. per day total. Seven dry holes have temporarily stopped development in that area. The showing of B-3 was sufficient to cause considerable leasing activity. The area lies several miles west of the Louann portion of the Smackover field. The discovery well went to 2873 ft. and found Glen Rose lime in bottom. The age of the producing sand is in doubt; it seems closely related to the Tokio sand. During 1929, several paying wells were brought in, as a northeastern extension to the Smackover Heavy area, in sec. 34 and 35-15-15, from the Nacatoch sand. Over 20 new wells were drilled and resulted in at least 1500 bbl. production. The down-dip or off-structure territory contiguous to the Smackover uplift was further tested at various locations with the usual results; that is, a showing of "salt water gas," which soon blew off and in some cases a slight showing of oil. These gas showings, found further down the dip than oil, are the results of the ability of water to take gas into solution at the rate of about 3 per cent. by volume at atmospheric pressure and proportionally larger quantities, if available, at higher pressures (measured on the absolute scale). During the year no off-structure wrinkles sufficient to trap conlmercial quantities of oil have been found outside of the other known fields of

Jan 1, 1930

By E. J. McKee

THE area discussed lies south of Canadian River in Hutchinson County, Texas, covering approximately 10 m. east and west and 4 m. north and south. Development is carried on in the manner usual in standard tool operations. No outstanding divergence from the usual methods is necessary as wells are completed in 35 to 55 days to approximately 3000 ft. Most of the time is lost in the upper part of the hole and is usually caused in driving pipe of larger sizes. After approximately 1500 ft., little trouble occurs. A comparison of 13 contractors drilling for Phillips Petroleum Co. gave the following averages: Drilling time from 32 to 63 days with a daily footage of from 49 to 87 ft. per day. The rigs furnished are National turnbuckle type with 6-in. irons and steel wheels.

Jan 11, 1926

By E. L. Estabrook

THE production of crude oil in Wyoming rose to 44,290,010 bbl. in 1923 and declined, during 1924, to 39,295,030 bbl., a decrease of about 11 per cent. The Salt Creek field supplies 75 to 80 per cent. of the production. Pipeline runs from the Salt Creek field reached a maximum in November, 1923, at a daily average for the month of 116,437 barrels. During 1924, the gas pressure in Salt Creek has declined rapidly and the production dropped to about 60,000 bbl. per day. Part of 'the decline during the last few months was due to lack of power to pump the wells. The electric-power plant of the Midwest Refining Co. did not begin to deliver current until the middle of December, by which time several hundred wells were off production. The cold snap in December, which brought, the temperature down to 30° below zero on the 17th, tied up operations almost completely and the average production for the month was only 49,545 barrels. As more wells are being pumped and the number of dead wells reduced, the production is rising and was up to 61,000 bbl. during the last week of January. A further increase is expected as the weather becomes warmer. The production of Salt Creek, by months, during 1924 is given in Table 1. TABLE 1.-Total Monthly Production, Average Daily Production and Number of Producing Wells in Salt Creek during 1924 TOTAL PRODUCTION, DAILY AVERAGE, NUMBER OF MONTH BARRELS BARRELS WELLS January 3,523,647.40 113,666.05 919 February 3,074,916.67 106,031.61 929 March 2,977,095.14 96,035.32 950 April 2,811,110.22 93,703.67 987 May 2,858,842.04 92,220.71 1,024 June 2,649,752.57 88,325,09 1,092 July : 2,697,829.36 87,026.75 1,153 August 2,624,371.84 84,657.15 1,213 September 2,281,219.04 76,040.64 1,274 October 2,073,961.42 67,000.84 1,313 November 1,722,050.09 57,401.67 ~ 1,335 December 1,535,903.78 49,545.28 1,352 Total 30,831,699.57 84,239.61 1,352

Jan 3, 1925

By J. J. Pelley

NOT being a scientist, an engineer or a metallurgist, I consider it a very great honor indeed to be asked to address the American Institute of Mining and Metallurgical Engineers. Your program indicates that any lack of intricate and technical knowledge on my part in the field of metals will be well taken care of by others. Therefore, I believe any remarks that I have to make might well be devoted to the practical side of metals in railroad service and to the general railroad situation as I view it today. The experiments now being conducted on the railroads with so-called streamlined, light-weight trains and cars would not have been possible had it not been for scientific and engineering research in the past that made these lighter weight metals available. The railroads now have approximately forty units of these new trains in operation. Experi-ence with them will no doubt be a guidepost for future construction in that direction. While the best known experiments are in the passenger service, they are being extended into the freight service. Within the past three years there was constructed for the Association of American Railroads a new standard box car of ordinary carbon steel, in which, by reason of superior design, weight was reduced by 3500 to 4500 lb. under that of existing cars of like capacity. The Association is now testing a box car that weighs approximately six or seven tons less than practically all of the box cars of like capacity in service today. If these tests are successful a very large field for the use of lighter weight metals will immediately be opened, provided the costs of such metals are not too high. The fact that various experiments are being carried on with other classes of equipment constructed with so-called light-weight and non-corrosive metals no doubt will have a considerable effect upon the rebuild-ing of old equipment. The question then will be: How much can we afford to spend on the rebuilding of an old car weighing six to seven tons more than a new car constructed with the latest available materials?

Jan 1, 1936

By R. E. Ricksecker, W. M. Baldwin, R. McC. Baker

INTRODUCTION THE development of residual stress in strip during rolling has not been systematically studied. A few scattered papers1-3 mention the existence of residual stresses in rolled strip or touch upon some of their consequences,4 but there is no report of experimental studies in the literature describing the effect of roll diameter, strip thickness, reduction per pass, metal or metal temper on the magnitude of residual stresses developed in strip. A knowledge of the effect of these factors is of utmost importance since the present trend in some mills to roll thicker castings brings the rolling operation directly into that set of conditions which, as will be brought out in the present paper, can develop residual stresses of a high order of magnitude. Fundamentally, residual stresses are developed when a metal is inhomogeneously unloaded from a plastic stress state. A quantitative treatment of the problem requires a reasonably complete understanding of both the plastic stress state existing in the metal during deformation and the elastic stress state that would exist in the metal if the metal deformed as a perfectly elastic body. Our knowledge of either state during rolling is so meager that we can make no more than certain limited predictions. The external stress state* operating between the roll and the metal consists of compressive stresses acting almost perpendicularly to the strip surface but vary [ ] ing in intensity both across the width of the strip and along the length of contact between the roll and the strip. An example of such a stress distribution is shown in Fig I. The nature of the internal stress state, produced by this distribution, is not known. Various investigators,5-7 however, have felt that a qualitative similarity must exist between the internal stress state so produced and that produced in a wide strip that is compressed between two flat-nosed punches. In the latter case the external stress state is represented by a uniformly distributed compressive stress acting perpendicularly over the face of the tool. The elastic internal stress state in this case is complex-the principal stresses showing

Jan 1, 1948

By John F. Havard, Armine F. Banfield

Sooner or later, we all get involved in the economic study and valuation of a mineral deposit. To communicate clearly the necessary information, we must scrupulously use various terms with specific meaning. All these terms-such as ore, exploration, development, production, reserves, proven ore, probable ore, possible reserves, resources, as well as similar terms applying to coal-are continually on the lips of anyone who reports on the economic aspects of a mineral deposit at the exploration, development, and production stages. The meaning of these terms is even more important in feasibility studies to determine whether a deposit should be put into production. Finally, careless use of these terms in reports published for public financing may, and sometimes does, lead to prosecution of the writer for misleading information.

Jan 7, 1975

By T. Prof. Egleston

DURING the last winter we have been actively engaged in the School of Mines in search for boracic acid. This has been owing to the fact that Mr. M. W. Iles, assistant in the qualitative laboratory, has discovered a test for that substance which makes its discovery exceedingly simple instead of being, as previously, very difficult. It consists in powdering the mineral, calcining it, then moistening it with sulphuric acid, and heating on a platinum wire until the sulphuric acid is expelled. It is then moistened with glycerin and made to take fire. If boracic acid is present it infallibly gives a green flame. It is not at all surprising, under such circumstances, the test being so easy, that boracic acid has been found by the students in a great many cases where its presence was not previously suspected, and in some where its detection was previously too difficult to warrant looking for it. We were not prepared, however, for its discovery in Lake Superior iron ores, and were disposed at first to think that a mistake had been made. After, however, it had been frequently reported in these ores it was considered worth while

Jan 1, 1877

By F. K. Pence

THE reduction of the firing of clay wares to a science has been one of the most difficult problems of modern ceramic engineering. The number of factors involved in the treatment of these wares has been such a complicated composite of the chemical and the physical properties that, according to the old practice, results depended rather on the art of the operator than on any scientific data available. The combined influence of the chemical and physical properties of clay minerals renders it difficult to apply the data obtained in one operation to the forecasting of details to be applied in another. In maturing clay-ware bodies by the application of heat, the chemical reactions involved are, in general, incomplete. The object frequently is to secure a certain physical quality, as density, color, or strength, rather than any particular chemical composition or development: This is more generally true of the so-called crude clay products. In the case of certain more high-grade wares, as the porcelains, it is necessary to reach the temperature required to bring about a certain molecular development or crystalline structure; but even here, time and temperature are at work and must be considered jointly. The conditions attending the firing of clay wares has led to the use of certain devices in the measurement of the progress of the firing process whereby the influence of the various burning factors on the clay composition under fire is indicated. In the simplest application of this practice, samples of the ware itself are so placed as to be drawn for observation at various intervals during the burn. Although the appearance is affected by the quick cooling treatment, by experience, this practice is successfully used, particularly in the brick industry. The settle of the setting of brick, as measured from the top of the kiln may also serve as a guide in the firing operation. Another example is found in the stoneware industry, where the practice of arranging test pieces made of the same composition

Jan 9, 1919

By H. M. Wolflin

SOMEWHAT more than a year ago the writer collected some extensive notes on metal-mine fires and a paper on metal-mine fire prevention and fighting, a summary of these notes, was hastily pre-pared, with the assistance of G. Chester Brown, chief mining engineer, Industrial Accident Commission for the National Safety Council meeting. This summary, which is admittedly incomplete, is submitted in the hope that it will evoke some discussion that may result in a reduction in metal-mine fire hazard along the line. To accomplish such a reduction does not require the application of complicated scien-tific data. The use of just a little care, a small amount of thoughtfulness and a bit of common sense will work wonders. UNDERGROUND FIRE FIGHTING There may be some interest in a short list of con-clusions of a rather general nature that were reached in connection with some recent mine-fire fighting opera-tions. No effort has been made to cover the field; the items have been jotted down loosely, and very hastily, in the order in which they occurred to the writer. Originality is claimed for, only a few of them. 1. Temperature readings and analyses of mine-air samples, systematically taken, are invaluable aids to effective metal-mine fire fighting and recovery opera-tions. The analysis of the return-air samples fre-quently gives a surprisingly accurate indication of conditions existing underground. 2. Employees must be thoroughly trained in the use, of mine rescue apparatus, because a relatively slight difference in the amount of training makes a vast difference in the amount of work they can per-form under oxygen. In general, slender, wiry men make better apparatus men than those of heavy, more muscular physique, although there are frequent excep-tions to any such general statement. 3: Surprisingly high temperatures, up to 165° F. or 170° F. pan be endured for short periods by wearers of mine rescue apparatus if the air is dry, but lower temperatures, 135° to 140° F. are almost unbearable if the air is very moist.

Jan 2, 1922

By Branko Ladanyi

In reviewing the current issues in rock mechanics, the author puts an' emphasis on problems related with the needs of extrapolation in scale and time, and of establishing proper conceptual models, especially in connection with the most recent large-scale and long-term projects such as underground disposal of nuclear waste. In such projects, where valid case histories will not be available for many years to come, the observational method can only be successful if combined with a proper framework approach, such as general rock mass classification systems and behavioral models.

Jan 1, 1982