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By FRANK COLE

THE territory covered in this discussion includes all the states west of the Mississippi river. Agriculture is expanding each year in this section, but until recent years the application of commercial fertilizers as an aid to crop production was not practised to any great extent. The use of commercial fertilizers has increased somewhat, but is still on a small basis as compared with the tonnages used else- where in the United States. During 1928 these western states used 665,100 tons of all classes of fertilizer as compared 'with 7,933,600 tons used in the whole United States; or this western area, compromising near- ly two-thirds the land area, uses about 5 per cent of the total fertilizer. To show how large a tonnage one state may consume, North Carolina for the year 192s used 1,349,360 tons of commercial fertilizer or about twice the amount used by 22 western states.

Jan 1, 1930

By Paul G. Hoffman

A survey of the role of the United Nations Special Fund in the field of mining and metallurgy. An aircraft, manned by Canadians and crammed with modern scientific instruments, crisscrosses over the dense rainforests of tropical Surinam at Y4 kilometer intervals, prospecting for valuable mineral deposits. Mill head samples of Burmese lead and zinc ores arrive at a Colorado laboratory for analysis and experimentation to determine the best milling and ore-dressing techniques. At the new Institute for Applied Geology in Manila, Philippine mining engineers receive instructions from a Finnish petrologist. These scenes illuminate only a fraction of the exciting work in the mining and metallurgical fields being carried out by the United Nations Special Fund.

Jan 8, 1963

By T. W. Turk, S. A. Sass

The engineering design features of the Mercur Gold Project crushing, grinding, carbon-in-leach, bullion, reagent, and tailings disposal areas will be discussed in this paper. It presents a project overview and flowsheet along with selected design alternatives. During the engineering phase, major equipment and other features were selected to optimize design within site location and environmental constraints. The project team organization and procedures were adopted to accommodate multiple optimization studies while maintaining a tight engineering schedule.

Jan 1, 1985

By H. Hance James

SOME of the outstanding features of petroleum production in Illinois during 1923 were: (1) Sustained production from the older wells, due to cleaning and deepening; (2) good results from new drilling in a few localities; (3) large percentage of dry holes, many of which were ill advised tests, with a resulting high cost of the new production; (4) decrease in the number of productive wells in the state; (5) low average price of crude petroleum, a serious factor over the entire country. FIG. 1.-ANNUAL TOTALS OF ILLINOIS PRODUCTION. The total production of Illinois for 1923 was 8,710,000 bbl.,1 a decrease of 7.2 per cent. from that of 1922. Of this amount, it is estimated that about 8,500,000 bbl. were produced by old wells, many of which had been cleaned and deepened somewhat, and approximately 210,000 bbl. were obtained from the new wells drilled during the year. About 95 per cent. of the oil comes from the southeastern field in Clark, Crawford, and Lawrence Counties, where production is almost entirely from Pennsylvanian and Mississippian rocks. Extensions of the productive area were made in Clark, Wabash, Marion, and Jackson Counties. Some important gas development has been accomplished near Jacksonville, in Morgan County, and at Gillespie, in Macoupin County.

Jan 3, 1924

By Charles Will Wright

I. INTRODUCTION. THE application of the camera as an adjunct to topographic mapping began practically with its invention, and it has been employed with varying success since that time. With the exception of the camera to be described, the plate-camera has been universally used in this work, thus giving a projection of the area photographed on a flat surface. From such projections or photographs, by the rules of geometry and of perspective, points defining topographic features and seen from at least two camera-stations may be projected upon a ground-plane-the map.1 In 1904 I employed the plate-camera for this purpose in Alaska, but found that the labor necessary to plot the maps, even in a general way, was long and tedious. In 1905 a small Eastman panoramic camera was fitted with spirit-levels, a sightalidade and a transparent scale, introduced inside the camera to register the degree-points in the sky-line of the film-negative; also, arrows to indicate the horizon-line. This was, on the whole, successful; but the details in the topography were not brought out in the views with sufficient clearness, and the photographs were too small. These difficulties were overcome by obtaining a larger and more carefully constructed instrument, which was satisfactorily employed in the field during the year 1906. A panoramic view is made up of an integral number of perspective views upon flat surfaces, and logically is the most ac-

Jan 1, 1908

By W. G. Matteson

I. Introduction...................................................... 436 (a) Extent of the Gulf Coastal Plain. (b) History of Important Gulf Coast Oil Pools. 1. Corsicans, Tex. 2. Spindletop, Tex. 3. Sour Lake, Tex. 4. Jennings, La. 5. Saratoga, Tex. 6. Batson, Tex. 7. Humble, Tex. 8. Caddo, La. 9. Vinton, La. 10. Naborton, La. 11. Red River, La. 12. Edgerly, La. 13. Goose Creek, Tex. 14. Damon Mound, Tex. 15. New Iberia, La. (c) Favorable Features of the Gulf Coast Pools. 11. General Topography and Physiography of the Gulf Coastal Plain.....440 111. General Stratigraphy of the Gulf Coastal Plain West of the 90th Meridian......................................................441 IV. Structural Types and their Characteristics.........................446 (a) hnticlinal Structure. (b) Structure of Salt Domes. 1. Domes of the Coast Prairie. 2. Domes of the Wold Region. 3. Recapitulation of Dome Structural Characteristics. V. Methods of Surveying and Prospecting............................. 454 VI. The Development of Salt Domes................- .................458 VII. Origin of Salt Domes...............4.............................461 (a) The Volcanic-plug Theory of Hager. (b) The Contemporaneous Sedimentation Theory of Norton. (c) The Theory of Upward Pressure Exerted by the Force of Growing Crystals, as Developed by Harris. VIII. Source of the Oil in the Gulf Coastal Pools.........................465 IX. Petrolific Value of the Salt Domes of the Wold Region..............467 X. Future Outlook.................................................. 467

Jan 1, 1918

By Sam Tour

OF the new alloys achieving commercial prominence during the year, an aluminum-silicon magnesium casting alloy, which is similar in many respects to the 4 per cent copper alloy, developed about 1921, which has attained such a wide field of service, may be mentioned. The new alloy, like the old, is a heat-treatable type and develops about the same physical properties. The alloy casts easily and is relatively insensitive to high pouring temperatures. Its ability to produce substantially leak- proof castings is noteworthy. A second casting alloy development is the new Aluminum Co. of America No. 132, "Lo-Ex" piston alloy, a result of nearly eight years of research. The alloy contains about 14 per cent silicon and varying amounts of nickel, copper, and magnesium. It exhibits a low coefficient of expansion and thus permits small piston clearances. Its lower specific gravity is a further advantage.

Jan 1, 1932

By Hannu Penttila, Harrison R. Cooper, Olli Mattila

Two approaches to automated operation in metallurgical processes involve the conventional analog control or, more recently, digital control. The expanding use of digital controls applied to process automation is a comparatively new development. Several current technical reports describe digital control systems in concentrator grinding control, 1, 2, flotation, 3 and smelter operations. 4,5 The principle factors influencing trends to digital control are:

Jan 10, 1976

By H. K. Shearer

Oil production in South Arkansas in 1936, estimated to have totaled 10,654,940 bbl., showed a decline of 484,400 bbl., or a little more than 4 per cent from 1935. There are no proration restrictions, as practically all wells reached the pumping stage years ago. Although a new shallow field was discovered in Nevada County, and a deep producing horizon

Jan 1, 1937

NEW MEMBERS The following list comprises the names of those persons who became members during the period Sept. 10, 1916, to Oct. 10, 1916. BLOOMFIELD, EDWIN CHARLES, Min. Engr., 1012 Standard Bank Bldg., Vancouver, B. C., Canada. BRINGS, HENRY, Min. and Met. Engr., Chief Engr., and Geol., Mollet-Mesrine, 1212 Mills Bldg., El Paso, Texas. CHASE, MARCH F., Vice-Pres., Commercial Acid Co., 1906 Boatmens Bank Bldg., St. Louis, Mo. CUMMINGS, ALVIN M., Asst. Mine Supt., Witherbee, Sherman & Co., Inc., Mineville, Essex Co., N. Y. DOUGLASS, GEORGE M., Genl. Safety Inspector, Amer. Smelt. & Ref. Co. 120 Broadway, New Fork, N. Y. EMRICH, CLARENCE T., Chief Chemist, Old Dominion Copper Min. & Smelt. Co., Box 1163, Globe, Ariz. GARDANIER, SUTTER ALBERT, Assayer, Mgr., Douglas Assay Co., Douglas, Cochise Co., Ariz.

Jan 10, 1916

NEW MEMBERS The following list comprises the names of those persons who became members during the period of Mar. 10, 1917, to Apr. 10, 1917. ADKINS, HARVEY S Adkins & Denham, Engineers, Box 291,. Hazard, Ky. ANDERSON, ARTHUR P .... Leaser, Gibson Copper Co., Box 1978, Miami, Ariz. ARNOLD, EDWARD C... Min. Engr., Chief Engr., Federal Lead Co., Flat River, Mo. ASKIN, THOMAS B. H., Ball Mill Expert, Inspiration Cons. Copper Co., Miami, Ariz. BAIN, C. KREMER Butte & Superior Mining Co., Butte, Mont. BAKER, WILLIAM A.,.JR., Vice Pres. & Sales Mgr., The Georges Creek-Parker Coal Co., 306 North Gay St., Baltimore, Md. BOOTH, GEORGE H Mech. Engr., Inspiration Cons. Copper Co., Miami, Ariz. BRIDGMAN, G. TEMPLE, Asst. Consulting Mining Engr., Guggenheim Bros., 120 Broadway, New York, N. Y. BROOKS, CHARLES A Mine Surveyor, Homestake Min. Co., Lead, So. Dak. BUTCHER, FREDERIC E., Secretary, Missouri Metals Corpn., 1945 Railway Exchange Bldg., St. Louis, Mo.

Jan 5, 1917

By J. B. Nau

A short time ago some interesting experiments concerning a new steel-making process in the open-hearth furnace were made by the writer at the Croton magnetic mine, N. Y.

Jan 1, 1892

New Jersey Zinc Co. - The Plants Canon City Palmerton Depue

Jan 12, 1953

By S. E. Maddigan, B. R. Zimmerman

MOST metallurgists are well acquainted with the contributions already made to the study of metals by the use of X-rays. On the one hand, the radiographic method is constantly becoming of increasing importance as a nondestructive testing procedure, while on the other hand the techniques of X-ray diffraction have made important contributions to the fundamental knowledge in studies of phase diagrams, stress conditions, and so forth. A new, and as yet insufficiently appreciated, tool exists in the application of microradiography to alloy structures. This new procedure in many respects bears the same relation to microscopic investigations as does macroradiography to the gross inspection of metal surfaces. However, where macroradiography is used ordinarily to determine the soundness of the metal structure, this new method can be used not only to investigate micro-un- soundness but also to examine the distribution of the constituent elements within the body of the alloy. When combined with the normal procedures of microscopy, this offers a technique of great potential power. It is intended in this paper to present a few examples of copper-base alloys demonstrating the additional knowledge obtained from the microradiographic method. The detection of micro-unsoundness is demonstrated in Fig. I for a sample of cartridge brass as cast. The sample appeared quite sound when viewed under the microscope, but in reality was thickly populated with minute voids. This application of the method conforms in every way to conventional large-scale radiography and has been used to facilitate production of metal for vacuum devices.1 The true potentialities of the technique are revealed by comparison of Figs. 2a and 2b, which are respectively a- photomicrograph and a microradiograph of a cast alloy of 80 per cent Cu, 10 per cent Sn, 10 per cent Pb. The remarkable difference in appearance provides some concept of the additional information this method may yield when used as an auxiliary to microscopic studies. Fig. 2a shows two phases of the copper-tin system plus segregated lumps of lead. Fig. ab, on the other hand, shows with exceptional clarity the actual dendritic growth of the metal crystals during solidification. The practice of microradiography depends upon the laws of absorption of X-rays. This subject has been reviewed thoroughly in recent papers,1,2,3 but for clarity a brief resumé will be given here. As is well known, when a beam of X-rays is transmitted through a layer of homogeneous material, the intensity is reduced according to the relation:[ ]

Jan 1, 1944

By C. Y. Clayton, Francis B. Foley, Muir L. Frey

DuRing the past year, we have investigated the cause of 88 per cent, of the failures by breakage near the bit end of some 1-in. hollow, hexagon, drill steel used in a metal mine. This breakage in the region of the bit end of the steel was peculiarly interesting because we have been Ied to believe that breakage is most prevalent at the shank end of drill steels near the place where the steel is gripped in the chuck of the machine. Records from the mine showed, also, that the breakage was much more frequent in the short lengths of large gage than in the longer steels; this is shown graphically in Fig. 1. Because the shorter lengths of steels are usually those that have been made from broken pieces of long steels or from steels that have worn down in service, rarely being made from new stock, those who are wont to suspect steel of tiring and crystallizing in its old age through fatigue are quite apt to see in this instance an argument in favor of their idea. As usual, a careful examination of these steels reveals defects of a character hardly to be overlooked in favor of such a cause. The steel in question was rolled with a sand core and was of the usual drill steel composition: Carbon 0.85 per cent., manganese 0.60 per cent., silicon 0.25 per cent., phosphorus 0.02 per cent., and sulfur 0.02 per cent., with the exception that in some specimens there was vanadium, not exceeding 0.20 per cent. The following lengths and gages were used: LenGth, GaGe, LenGth. GaGe, Feet Inches feet Inches Starter 2 % 7 111/16 3 2 % 8 11 4 2 % 9 1 9/16 5 2 10 1 7/16 ________6_____________115/16____________________________

Jan 1, 1924

By S. E. Maddigan, B. R. Zimmerman

Most metallurgists are well acquainted with the contributions already made to the study of metals by the use of X-rays. On the one hand, the radiographic method is constantly becoming of increasing importance as a nondestructive testing procedure, while on the other hand the techniques of X-ray diffraction have made important contributions to the fundamental knowledge in studies of phase diagrams, stress conditions, and so forth. A new, and as yet insufficiently appreciated, tool exists in the application of microradiography to alloy structures. This new procedure in many respects bears the same relation to microscopic investigations as does macroradiography to the gross inspection of metal surfaces. However, where macroradiography is used ordinarily to determine the soundness of the metal structure, this new method can be used not only to investigate micro-un-soundness but also to examine the distribution of the constituent elements within the body of the alloy. When combined with the normal procedures of microscopy, this offers a technique of great potential power. It is intended in this paper to present a few examples of copper-base alloys demonstrating the additional knowledge obtained from the microradiographic method. The detection of micro-unsoundness is demonstrated in Fig. I for a sample of cartridge brass as cast. The sample ap- peared quite sound when viewed under the microscope, but in reality was thickly populated with minute voids. This application of the method conforms in every way to conventional large-scale radiography and has been used to facilitate production of metal for vacuum devices.' The true potentialities of the technique are revealed by comparison of Figs, 2a and 2b, which are respectively a photomicrograph and a microradiograph of a cast alloy of 80 per cent Cu, 10 per cent Sn, 10 per cent Pb. The remarkable difference in appearance provides some concept of the additional information this method may yield when used as an auxiliary to microscopic studies. Fig. 2a shows two phases of the copper-tin system plus segregated_ lumps of lead. Fig. 2b, on the other hand, shows with exceptional clarity the actual dendritic growth of the metal crystals during solidification. The practice of microradiography depends upon the laws of absorption of X-rays. This subject has been reviewed thoroughly in recent papers,l,2,3 but for clarity a brief resume will be given here. As is well known, when a beam of X-rays is transmitted through a, layer of homogeneous material, the intensity is reduced according to the relation: where Il is the transmitted intensity, I0 is the incident intensity, µ1 is the linear absorption coefficient of the material, t1 is the thickness of the material.

Jan 1, 1944

By S. E. Maddigan, B. R. Zimmerman

Most metallurgists are well acquainted with the contributions already made to the study of metals by the use of X-rays. On the one hand, the radiographic method is constantly becoming of increasing importance as a nondestructive testing procedure, while on the other hand the techniques of X-ray diffraction have made important contributions to the fundamental knowledge in studies of phase diagrams, stress conditions, and so forth. A new, and as yet insufficiently appreciated, tool exists in the application of microradiography to alloy structures. This new procedure in many respects bears the same relation to microscopic investigations as does macroradiography to the gross inspection of metal surfaces. However, where macroradiography is used ordinarily to determine the soundness of the metal structure, this new method can be used not only to investigate micro-un-soundness but also to examine the distribution of the constituent elements within the body of the alloy. When combined with the normal procedures of microscopy, this offers a technique of great potential power. It is intended in this paper to present a few examples of copper-base alloys demonstrating the additional knowledge obtained from the microradiographic method. The detection of micro-unsoundness is demonstrated in Fig. I for a sample of cartridge brass as cast. The sample ap- peared quite sound when viewed under the microscope, but in reality was thickly populated with minute voids. This application of the method conforms in every way to conventional large-scale radiography and has been used to facilitate production of metal for vacuum devices.' The true potentialities of the technique are revealed by comparison of Figs, 2a and 2b, which are respectively a photomicrograph and a microradiograph of a cast alloy of 80 per cent Cu, 10 per cent Sn, 10 per cent Pb. The remarkable difference in appearance provides some concept of the additional information this method may yield when used as an auxiliary to microscopic studies. Fig. 2a shows two phases of the copper-tin system plus segregated_ lumps of lead. Fig. 2b, on the other hand, shows with exceptional clarity the actual dendritic growth of the metal crystals during solidification. The practice of microradiography depends upon the laws of absorption of X-rays. This subject has been reviewed thoroughly in recent papers,l,2,3 but for clarity a brief resume will be given here. As is well known, when a beam of X-rays is transmitted through a, layer of homogeneous material, the intensity is reduced according to the relation: where Il is the transmitted intensity, I0 is the incident intensity, µ1 is the linear absorption coefficient of the material, t1 is the thickness of the material.

Jan 1, 1944

By AIME AIME

TRAINED as a mining engineer and with no little experience in the field of mining, his interests and activities later transferred to the alloying, fabrication, and physical metallurgy of nonferrous metals, principally silver, Robert H. Leach represents in his professional life both of the major phases of the fraternity of mining and metallurgical engineers. In his personal characteristics, his wide circle of true friendships, his kindly, sympathetic interest in the problems of his fellow engineers, be they the junior men of the mineral industries or the mature and experienced men, he typifies the characteristics and attitude so desirable in the professional man.

Jan 1, 1939

By Michael J. Messel

OF the various minerals that occur in fibrous form known as asbestos, chryso-tile is the variety most in demand for commercial uses, and, last year, over 683,000 tons of the various grades were produced in Canada and United States, exclusive of African and Russian production, which figures are uncertain. Production has not been able to keep up with the increased demand, and an acute shortage exists. Canada, Russia, and Africa are still the most important producers. However, Russia consumes most of its production at home and exports very little. The United States consumes over 60 pct of the total production and produces only about 4 pct of the total from deposits in Vermont and small quantities from Arizona. This paper will review mainly, some of the more recent developments concerned with the extraction and processing of this fibrous mineral for various industrial uses, such as textiles, insulation, building materials and brake linings. Four of the more important factors that have influenced recent developments are: 1. The lack of discovering and developing new deposits of any important size to supply the increased demand. 2. Rapid postwar expansion of industrial uses, especially in asbestos cement products, together with in-rreased manufacturing facilities. Euro-peal) countries are again back on the market with their demand. 3. The ability of manufacturers to develop their technique of blending fibers and obtaining more utility value out of each ton of fiber, together with the utilization of shorter grades of fiber to obtain equally as good products. In the past, many manufacturers were wasteful in their use of fibers. 4. The struggle for reduced operating costs, in face of increased wages and prices of supplies, together with the necessity, at some mines, to change the method of mining from open quarry to underground. Most of the recent capital invested in the asbestos mining industry has gone into more efficient extraction of the fibers from the existing ore, especially in the recovery of the shorter grades. There has been very little new plant expansion. Progress in the utilization of shorter fibers has been so far reaching that some of the mining companies are retreating present tailings as they leave the mill, and others are considering retreating of the old tailing dumps for recovery of fibers that, until recently, were not saleable and were discarded as part of the tailing. Many of these dumps contain much valuable fiber from days when milling was very inefficient. It might be appropriate to mention here that the present known asbestos reserves of proved commercial value (excluding Russia) are being depleted at an alarmingly rapid rate, about 10,000,000 tons of ore is being mined annually. No new deposits have come into production during the last 15 years, with the exception of certain deposits in Africa, which are the most promising, and minor developments in Canada, Venezuela, Cyprus, Australia, and Brazil. The African deposits are the only ones that hold promise of developing large reserves. Unless new deposits are developed, in twenty years or maybe sooner, the supply picture will not be a very bright one. Stimulated by the acute shortage, increasing fiber prices and technical developments, many new areas are being prospected in Canada, United States, New Zealand, Newfoundland, South America, Europe, Africa, and China. From information now available, it appears that no real progress has been made in duplicating this rare development of nature by producing synthetic asbestos. The most promising experiments were carried out at the University of Leipzig, but they seem far from practical. There has been marked progress in fiber glass manufacture, but so far, it has replaced asbestos only in very few instances for minor uses. Asbestos ore and the fiber it yields are different in some respect at each mine and vary usually in the following: 1. Percentage of fiber content by weight to the gangue. 2. Variations in proportions of long and short fibers, some deposits being predominantly long fiber and others short fiber. 3. The hardness of the rock in which the fiber occurs. 4. The nature of the fiber, as to

Jan 1, 1950

By William T. Folwell

The Lucky Friday mine east of Mullan, Idaho, is an outstanding example of a property in the Coeur dlAlene district where a small and insignificant-appearing silver-lead-zinc vein at the surface has changed at depth into a large vein of great importance. The Lucky Friday vein has little if any surface expression and above the 1200 level the ore shoots are small and discontinuous. Between the 1200 level and 2450 level, the lowest developed level, the main ore shoot has shown remarkable improvement on each succeeding lower level, and today the mine is one of the major lead-silver producers in the Coeur d'Alene district. History: The Lucky Friday property is on the north side of the South Fork of the Coeur d'Alene River in sections 25, 26 and 35, T. 48 N., R. 5 E., Hunter mining district, Shoshone County, Idaho. This is about one mile east of the town of Mullan, which serves the eastern portion of the Coeur d'Alene district. The southern part of the property is crossed by a branch line of the Northern Pacific Ry. and by U. S. Highway 10. This highway is the principal road crossing the panhandle of Idaho and connects the district with Spokane, Wash., on the west and Missoula, Mont., on the east. The main portal and surface plant of the Lucky Friday mine is at an elevation of 3365 ft, only a short distance above the valley floor and a few hundred feet from U. S. Highway 10. so the mine is readily accessible for year-round operation. The property is comprised of six claims, known as the Lucky Friday group, owned outright by the Lucky Friday Silver-Lead Mines Co. There are four patented claims, Good Friday, Lucky Friday, Northern Light, and Lucky Friday Fraction No. 2 (Mineral Survey No. 3028), and two unpatented claims, Hunter and Creek. In addition, Lucky Friday owns an undivided one-half interest in the Hunter Creek property. which adjoins the Lucky Friday group on the north: a 90 pct interest in the mineral rights in the Jutila Ranch (160A), which adjoins the Lucky Friday group on the east; and a 60 pct interest in the Lucky Friday Extension claim group, which adjoins the Lucky Friday group on the west. The company also has a long-term mining lease on the Hunter Ranch, which adjoins the Lucky Friday group on the west. The claims of the Lucky Friday group were located between 1899 and 1906. The Lucky Friday Mines Co. was organized in 1906 and did considerable exploration work by surface trenching and shallow underground workings, only to see the property sold by the Shoshone county sheriff to satisfy labor claims totaling $2000 in 1912. Another firm, Lucky Friday Mining Co., bought the claims in 1914 and spent 12 years driving what is now known as the tunnel level crosscut. This tunnel intersected a vein previously exposed in a higher tunnel, but it was only a few inches wide. The vein was followed a short distance westerly but was so unpromising that the work was discontinued in favor of extending the main crosscut tunnel several hundred feet north. No ore was found and all work was discontinued. The property was held in such low esteem by the firm that it let taxes amounting to less than $15 a year go delinquent for nine years. Then the property lay idle for two more years until in 1938 John Sekulic, a Mullan service station operator, took a lease, with a $15,000 purchase option, on the advice of an old miner who had worked in the mine. Sekulic re-opened the tunnel level crosscut and explored the vein with an easterly drift for about 200 ft. The vein was too narrow to be of commercial value but was believed interesting enough to warrant further exploration at depth. Lacking funds to explore the vein at depth, Sekulic tried to get the district's larger operating companies to take over his lease and option. They were not interested because of the lean tunnel level showing and the fact that the property lay between the White Ledge fault on the north and Osburn fault on the south, an area which geologists always considered unworthy of exploration. Sekulic then organized the present company and assigned his lease and option to it for stock. This was in 1939. Enough stock was sold locally to finance sinking of a shaft 100 ft from the tunnel level east drift. The vein at this additional depth still was not commercial but showed some improvement. Treasury stock was offered at 5 to 10C a share

Jan 1, 1959