Search Documents

By W. J. Keep

We have found that our graphic representations were, in some cases, not perfectly understood. In the tables by which we illustrate all our tests, the records appearing in the vertical columns between the rulings are the results of the tests of iron having the percentages and characteristics noted at the top of the column. The record is made by a short horizontal line in such vertical columns. It is located in horizontal spaces, which divide the table into units of measure, to indicate the value of the record. For example, in the upper part of Table VII. is recorded the transverse strength of the series of tests with white iron and aluminum, which were reported in our former paper. The numbers at the extreme top are the test-numbers. The fractional numbers below are the percentages

Jan 1, 1890

By James Douglas

Though liberality is not supposed to be a prominent trait of the Scottish character, Canada owes to a Scotchman, Sir Wm. Macdonald, more than to any other of its people, not only wise ideas, but pecuniary help towards extending education: and another Scotchman, in New York, has sumptuously housed under one roof three branches of the engineering fraternity, of which we are one. Having thus created us members of the same family—for the metaphorical meaning of house and kinship is identical—Mr. Carnegie expresses more emphatically than even he could in words, that, by aff'ording facilities for closest intercourse, he invites the mechanical, electrical and mining engineers to participate in the freest interchange of idea and experience, and to correlate and combine the results of their studies and activities; and, being members of the same household, to banish reserve and secrecy. And now we, the members of the American Institute of Mining Engineers, meet as though we were at home in a neighboring country. For whether we meet in Canada, in England, or elsewhere, the Institute is always received as though no political or geographical divisions separated its members from those of congenial associations in the land of its host. In truth, the title which we have assumed claims for the sphere of our activities the whole American continent, regardless of such trifling details as boundary-lines. The fact that we meet to communicate each other's experience, to discuss our difficulties, and to seek each other's aid in solving the intricate problems that so often present themselves in the course of our professional life, is an acknowledgment of our individual helplessness; and therefore an argument for united effort. But no effort can be of any value if there is an underlying suspicion

Jan 1, 1908

By Edwards Wichers

The purpose of this paper is to set forth the matters of principal interest in connection with work done in the past few years on the purification of the metals of the platinum group, including the study and modification of methods already in the literature and the development of new procedures. For the most part, the results will be given in summary form, reserving the publication of detailed data and directions for a forthcorning paper to be issued by the Bureau of Standards. In recent years increasing interest has been shown in the preparation of the pure platinum metals, both by those concerned with the manufacture of the metals and their alloys for scientific and industrial purposes and those who are engaged in the study of the chemical or physical properties of the elements. The purification of the metals usually has been regarded as a matter so involved and difficult as to require the attention of specialists. It is hoped that this paper will show that any of the metals can be prepared in any desired degree of purity by relatively simple straightforward chemical methods. For the most part, it is thought that the methods given are suitable for small-scale refineries as well as for the laboratory; also, that they will bring the time required for the purification of any of the metals within reasonable limits. The new procedure suggested for purifying platinum should prove to be much shorter than any methods described in the literature. Treatment of Platinum Ore As is well known, the principal source of the platinum metals is a mixture of several native alloys of the metals, found chiefly in naturally concentrated deposits in stream beds or alluvial material. Without attempting to enumerate all of the minerals present, it may be said that the concentrated ore from such sources contains all of the six platinum

Jan 1, 1928

By Joseph R. Crump, Francois Ville, Frank M. Tiller

Several simplifications have been accepted in filtration theory during the past fifty years in an effort to avoid apparently intractable mathematical problems. In effect, these simplifications ignored the variation in average cake porosity and average filtration resistance with variation in pressure drop or with time. This study examines the traditional approach and shows that, in many cases, it cannot give correct design guidance. Using a set of dimensionless parameters because of the large number of significant variables, a revised theory is developed which does not require that porosity and resistance values be set constant. Graphs developed in the traditional approach (e.g., dt/dv versus v or t/v versus V) have substantial curvature near the ordinate; but this curvature is frequently ignored in theory and is easily missed in experiments. The revised theory allows more accurate design calculations, especially for compressible cakes.

Jan 1, 1980

By E. J. McCaustland

The behavior of steel after overstrain and at moderate temperatures is fairly well known. It has been made the subject of much investigation, and our knowledge is clear and definite on many points. The ultimate raising of the elastic limit, after moderate overstrain, and the consequent lowering of the ductility, seem to be well established. It is also well understood that the immediate effect of overstrain is to lower the elastic limit, possibly to zero, but that if not interfered with, this limit will subsequently rise higher than before. The " tests after moderate temperature," reported in this paper, were undertaken to verify the above statements for the particular steel under investigation, and also to determine, if possible, the total time required for complete recovery from this state of overstrain. The behavior of overstrained steel at temperatures at or below 32" F. is not so well known. Tests made by Prof. E. G. Coker, at McGill University,' show that steel, overstrained and subjected to cold, will remain in a state of overstrain for an indefinite period. I am not aware of any other published results of tests along this particular line. The effect of time and temperature on the recovery of steel from overstrain was made in 1902-3 the subject of some investigation in the laboratories of the College of Civil Engineering of Cornell University. A general plan was outlined in connection with the regular courses of instruction in testing of materials; but the press of routine work and the demands of the schedules on the time of the students were so great as to presage long delay in the completion of the work. Not much had been accomplished up to 1904-05, when Messrs. E. C.

Jan 1, 1907

By W. M. Weigel

The general term "sand" applies to a multitude of similar materials consisting of fine granular mineral. As usually understood, it means the ordinary natural product used for structural purposes and made up largely of grains of quartz. Quartz sand constitutes by far the greater bulk of the production, but there are other grades used for industrial purposes, such as molding sand, glass sand and many others, that may be grouped under the general name of special sands. Under this general group would fall filter sand, sand-blast sand, engine sand, potter's sand, abrasive sands of all kinds, sand for pulverizing, roofing sand, flooring sand, fire or furnace sand, standard sand, burnishing sand, sand for magnesium oxychloride cement-plasters and sand for chemical and metallurgical purposes. Sources of Supply Sand is a widely distributed natural product and even the better grades are low-priced commodities. For these reasons development has occurred near points of consumption where sand meeting the requirements is available. Some special grades, however, cannot be prepared from any sand bed and shipments are often made over considerable distances when the only developed deposit is remote from the consuming center. This is true of filter sand, sand-blast sand, sand for pulverizing and some of the others when chemical purity or grain size, coupled with the need of a properly equipped plant for preparation, are required. New Jersey is a large producer of filter, engine, sand-blast, fire, and pulverizing sand. Pennsylvania, and West Virginia produce special sands for pulverizing, fire sand, abrasive sand, engine sand and sand for chemical and metallurgical use. Ohio produces much sand-blast, fire and abrasive sand, and some filter sand. Illinois and Minnesota produce

Jan 1, 1926

By Alexander Gow

THE object of this paper is to discuss the fundamental principles of ball milling and to present some observations which have been made in laboratory and plant investigations. The discussion will be limited to wet grinding of ores in cylindrical mills, but doubtless many of the principles involved will be equally applicable in the other fields of fine grinding in which mills of the same type are used. In the concentrators of the United States there are about 650 ball, rod, or pebble mills, operating or ready to operate, and these have about 100,000 connected horsepower. For grinding in cement plants there is about three times this connected horsepower, and other industries have an unestimated amount, all used for the general type of grinding that is to be discussed here. It is true that these figures do not represent stupendous amounts of power, but when one considers that ball milling is often the "bottle neck" in a concentrator and that it often accounts for the largest single item in the cost sheet, the importance of a compre-hensive understanding of the principles of ball milling can be appreciated. Much of the past literature devoted to the subject has been concerned with the Kick-Rittinger dispute over evaluating grinding, or with dissertations on ball paths and the closely allied impact versus attrition hypotheses, or with the exclusive consideration of certain specific varia-bles, such as mill speed or circulating load, irrespective of the other factors in operation. Such subjects may be dismissed with but little discussion in what may be called, by comparison, a new philosophy in the study of ball milling. Briefly, this "new philosophy" consists of using power as an index of the mill operation, and investigating grind-ing from the standpoint of set and induced variables, with emphasis on the latter.

Jan 1, 1934

By ELTCENE A. WHITE

WE are all interested in our ou7n lines of endeavor and consider ourselves the center of the universe. The farmer thinks he is the most important man because he feeds us. The doctor knows he is the real center because he keeps us well. The lawyer says that he is indispensable because he keeps the peace. The banker furnishes us a place to keep our money and tells us how to make proper use of it. The miner sags that without metals there would be no civilization. I think that my branch has sufficient interest and exhilaration. of accomplishment to fully occupy any man's mind and attention. Mining and metallurgy are as old as the human race. It did not have much, if any, importance in the stone age as there are not found remains of iron and copper, but in the bronze age, which was co-existent with the stone age, it came to the front. Iron and copper were the most important metals. Copper, as bronze, was known in ancient Egypt, I\~:IS important in Rome and other parts of Europe and in Asia; in South America among the Aztecs and farther North were the Mound Builders and the early inhabitants of Lake Superior. At a very early date the Egyptians conquered the Sinai peninsula for the sake of the copper produced there. The history of copper metallurgy can be compared to that of a flower. The seed is sown in darkness and in the Dark Ages the crude metallurgy of copper began. As the shoot comes up from the seed it may be compared to the age of alchemy; the branches of the plant can be compared to the Middle Ages; the flowering shoots to the 17th century, the budding to the 19th and the blossom to our own time from 1870 on.

Jan 1, 1930

By W. K. Lewis

During the last decade the petroleum refinery engineer has made great progress in achieving a better understanding of the physical behavior of hydrocarbon mixtures, with particular reference to their pressure-temperature-volume relationships, the mechanism of the evaporation of liquids, the condensation of vapors, including the changes in composition, and the heat effects accompanying them. With the new insight into the mechanism of movement of oil and gas through the formations in which they occur, achieved by the production engineer, it is clear that the latter will need to utilize in the solution of his own problems much of the information outlined above. It is the purpose of this paper to outline the portions of that information that seem most certain to prove of importance in production work. Properties of Pure Hydrocarbons While it is true that petroleum always consists of highly complex mixtures of hydrocarbons, none the less understanding of the behavior of the mixture must be based upon a knowledge of the properties of the pure components. However, in view of the tremendous number of hydrocarbons existing in petroleum, the determination and formulation of the properties of all of them would seem a discouraging task. The difficulty of the situation is increased by the undoubted facts that the overwhelming majority of chemical individuals in petroleum have never been isolated as pure compounds, none of their physical properties have been determined and even their chemical constitution is unknown. The situation would be hopeless were it not for the fact that certain extraordinary correlations of important properties of various hydrocarbons have been discovered which make it possible to predict those properties for a given chemical individual on the basis of a very limited characterization of it. Thus one can predict the vapor-pressure curve of an unknown hydrocarbon over a considerable range from the knowledge of a

Jan 1, 1934

"The Butte, Anaconda & Pacific railway extends from Butte to Anaconda. The electrification comprises 30 miles of main line single track, and includes sidings, yard and smelter tracks. When complete the electrified trackage will total about 90 miles on a single track basis.The traffic conditions are unusually severe as they consist principally of hauling copper ore from the Butte mines to the smelters at Anaconda, as well as hauling all the mine supplies, lumber, etc., in both directions; this traffic amounts to approximately 5,000,000 tons of freight per year. The maximum grade against the load is .3 per cent and the maximum train consists of 50 loaded steel ore cars, weighing 3,400 tons. .The locomotive units, two of which will be used for freight trains, weigh approximately 80 tons each. In addition to the freight business, there will be a certain amount of passenger traffic.The power for operating the Butte, Anaconda & Pacific railway is generated by, the Great Falls Power company, and is transmitted to the sub-stations at 100,000 volts. The synchronous motors are supplied with power at a potential of 2,300 volts, 60 cycles, 3-phase. Voltage regulators are installed in each sub¬station to secure the benefit of synchronous condenser effect of the motors.The passenger and freight locomotives are exactly similar, with the exception of the gearing.The roller pantograph mounted on the top of the cab is operated by air from the engineers position.The adoption of the 2,400-volt apparatus for so important a system, where the conditions of operation are so severe, is interesting of itself, as indicating the trend that future electrifications of importance may follow. A trolley potential of 2,400 volts was only adopted after a thorough investigation of other systems already in operation."

Jan 1, 1913

By John Langton

In determining what kind of pourer should be adopted for the works of the Moctezuma Copper Co. at Nacozari, Sonora, Mexico, certain considerations imposed by local conditions had to be taken into account. Water.—During most of the year the water-supply is abundant for all purposes, but it dwindles rapidly when the dry season sets in, reaching a minimum flow which is entirely undergrouad. It was evident, that with the greatest care in keeping down the unavoidable loss of water in milling and smelting, these operations and hence the capacity of the works mould ultimately be limited for about two months of the year by the small watersupply available at the period of minimum flow. Transportation.—The nearest railway terminus was in Arizona, at the international boundary-line; and the price of supplies at that point would be enhanced at Nacozari by the additional cost of a 90-mile wagon-haul. During the rainy season, transport to Nacozari was much impeded, and at times made impossible, by the condition of the roads. Hence, to insure continuous operation at the works, it would be necessary to provide for hauling the year's supplies, including fuel for power and coke for smelting, in less than eleven months. In other words, the average freight delivered daily at the works should be at least 10 per cent. more than the average daily consumption. For moderate quantities of freight, pack-carriage by burros is astonishingly cheap. But it has a capacity-limit which is generally very soon reached. A 200-lb. load, and 10 miles a day, 5 with and 5 without load, is the full capacity of a burro. This means one burro per ton-mile of the round trip; and,

Jan 1, 1904

By Waldemar Lindgren

The following pages present data accepted by many geochemists and geologists regarding the succession of minerals and the temperatures of formation in ore deposits affiliated with igneous rocks. They also present the individual views of the author on the composition of the solutions that were active and on the mode of deposition. He does not regard these views as speculations or hypotheses but as forming a well motivated and consistent theory. It is not certain, however, that all investigators will subscribe to them. Introduction The mining engineer may not always be interested in the field of stability and temperature of origin in the mineralogy of ore deposits, but he certainly is interested in the succession of minerals because this has a definite bearing on the understanding of the ores and on the best processes of extraction. It is proposed, therefore, to summarize in plain language the principal features of succession as shown in metallic ores. Chemical analyses of ores are always important, but the real knowledge of succession—sometimes called paragenesis-—of ores has been gained only in the last 20 years, by the study of polished sections. The study of hand specimens threw much light on the subject—as shown, for instance, by Breithaupt, whose "Paragenesis," written a hundred years ago, is still useful—but the results have been modified by our slowly gained understanding of the processes of replacement. Indications of Temperature Melting Points.—In the first place, a distinction must be made as to whether the ore is a product of magmatic consolidation, of pegmatitiza-tion or of hydrothermal activity. Most of the ores fall in the latter class. In any case, the melting points, although of importance, are not definite indications. In a magma the oxides and sulfides are likely to be among the earliest crystalline products (magnetite, ilmenite, zircon, corundum,

Jan 1, 1937

By H. A. Dierks

PENNSYLVANIA's anthracite region lies in the heart of the richest and most densely populated area of the U. S. Nearly 70 million people live within a radius of 500 miles, in which 130,000 manufacturing plants employ more than 8 million workers. The region comprises some 3000 sq miles and contains 484 sq miles of coal measures, which folding and erosion have divided into four separate and distinct fields, known as the Northern, Eastern Middle, Western Middle, and Southern. One million people live in the anthracite region proper, and their prosperity depends to a great extent on the anthracite industry, which produces more than $200 million in new wealth for the U. S. each year. Nearly 80 pct of the tonnage shipped out of the region is handled by nine railroads, which depend on this traffic for a large part of their revenue. It follows that the economic health and the very existence 0: this industry is of real concern not only to the region itself but also to the state of Pennsylvania and the country as a whole. Anthracite mining is one of the oldest mineral industries in America. About 1760 burning rock or stone coal was discovered on the hillsides of northeastern Pennsylvania. Within a few years a systematic search for coal bed outcrops was under way, and hand mining was begun. At first production was very limited, since anthracite was difficult to burn and was not readily accepted as a fuel. Pennsylvania anthracite is one of the densest and hardest of all coals, and its content of volatile matter is low. Consequently it does not ignite easily and it burns without smoke. About 1808 Judge Fell of Wilkes-Barre burned anthracite in an open grate fireplace and demonstrated proper handling of an anthracite fire. From

Jan 1, 1958

By Walter Harvey Weed

INTRODUCTION. IN a previous paper upon the enrichment of mineral veins by later metallic sulphides,† the writer has shown that certain masses of rich ores, such as are found in many mines, either near the water-line or as bonanzas in depth, are of secondary origin, and are due to a leaching of lean ore and the concentration of the material by reaction between the solution and the unaltered ore below. The geological and mineralogical evidence is believed to form an adequate basis for a chemical and physical explanation of the phenomenon. In the present paper the writer will give a brief synopsis of this theory, and will apply it more particularly to deposits of the precious metals, laying special emphasis upon the dependence of such enrichments upon the presence of iron sulphide (as pyrite, etc.) in the primary ore, and upon structural features which control the circulation of the enriching solutions below the water-level. It is believed that many, though not all, of the bonanzas and pay-shoots of rich sulphide ores, especially those carrying gold and silver, which are encountered in ore-deposits, are of such secondary origin. Apparently it is essential that the occurrence and structural relations of such ore-masses should be understood, as the success of the mine is often dependent upon the finding and extraction of these ores. A legitimate deduction, too, is that such ore-deposits decrease in value with depth. As my own studies have been mainly in Montana, my illustrations must be drawn from the ore-deposits of this and adjacent States, with such as I have noted in hurried visits elsewhere. The literature of ore-deposits doubtless affords also

Jan 1, 1902

By Lawrence A. Garfield

From the bottom of a shallow fissure the near-naked man-animal hacked out a hand-sized chunk of the red rock-like material which, when beaten between other rocks, could be drawn out to the thinness of a flint edge. Unlike flint, however, it did not shatter when, as the point for a spear or arrow, it went wide of its mark and fell amongst the rocks or tree branches. For this reason and others, the red rock- like material was specially sought and much time was spent in trying to break it from the real-rock in which it grew. Only infrequently was a chunk broken free and in this area many hours had been spent to win but a few fragments. What luck then, to remove so large a piece where before nothing but real-rock dust formed whenever the stone hammer hit. Why did this happen? Did yesterday's food-fire, burning on top the red rock, loosen its hold on the real-rock and cause it to break free when struck with the stone hammer? It is not a matter of recorded history that the first heat assisted extraction of native copper from country rock occurred under the circumstances or in the manner related but it is known that crude mining operations using these techniques were conducted by primitive man. In this way the first mineral production may have been achieved and the original example of rapid excavation unknowingly given to the world. Rapid excavation is not a method of removing rock or ore from an insitu condition nor does the term refer to a type of equipment which is specifically employed in mining and underground construction. It is, rather, the nomenclature currently popular in industry-primarily in underground construction- relating to a comparative rate of performance.

Jan 1, 1971

By H. Shaw

IT is now generally recognized that the gravitational method of geophysical surveying is a valuable aid in elucidating the geological structure of the subsoil and enables the practical geologist to deduce the presence of useful deposits. The particular suitability of the torsion balance to the location of large and important subterranean structures has given rise to a wide. application of this method by many of the important oil companies in their search for future supplies, and so intense have been these efforts that little has been heard of the method in other connections, with the exception of occasional references to its application in the location of hidden deposits of metallic ores, salt and lignite, and a number of accounts of its use in the elucidation of geological structures. Its success in the location of salt domes is well known, and. establishes it as one of the most important of the geophysical methods, especially for the indirect location of oil. In the British Isles, however, no large occurrence of oil is likely to be revealed, and here the practical application of the gravitational method has been restricted almost entirely to the search for ores. This type of survey possesses well marked characteristics, and presents a gravitational problem that has necessitated the development of a special and probably unusual plan of campaign, full details of which it is hoped will shortly be published. The problems and difficulties encountered in this work are of necessity fundamentally related to those met with in the search for oil by means of the torsion balance, but they also possess several special and distinctive features which undoubtedly differentiate them from the obstacles confronting the oil prospector, and which call for special consideration and treatment.

Jan 1, 1928

By William Grady

FACTORS entering into the market value of coal are its grade, and the cost of labor, material, and capital. Reduction in these costs cannot be expected in the future, and it therefore follows that greater economy in their use must be accomplished if it is desired to hold the present markets; more tons of product per unit must be obtained in a given time from both men and material, and means devised for increasing the percentage of lump and domestic sizes. This paper is presented for the purpose of inviting discussion and stimulating thought in regard to the influence of methods of procedure and plans of mining, upon the quality of coal, the economical use of labor, material, and capital, and the cost of production. Even the better methods of the. present day leave much to be desired, and a review of the reasons and necessities for their use may be of value in pointing the way to more economical mining. The writer does not attempt to discuss untried methods of mining, but rather to state clearly and concisely a summary of the results obtained under the several methods of procedure that have been adopted. In some instances a high degree of concentration has been effected, and comparisons of the results obtained with the results of lesser degrees of concentration form an interesting study. It is believed that much may be accomplished in improving the quality, and in the more economical use of labor, material, and capital, by concentration, and it is to concentration in particular that your study is invited. The writer, who .has occasion to visit many mines, most of which ire under different management, has been inclined to the opinion that improvement has been retarded in many ways and that mining has not as yet been entirely freed from the early-day practices which were forced upon it.

Jan 5, 1915

EDITORIAL comments on the anthracite report of the Federal Fact-finding Coal Commission, which became public on July 5, together with an analysis of its more important conclusions, will be found on another page of this issue. In this place, only a few extracts from the report, bearing more directly on technical matters, can be quoted, for lack of space. COST OF MINING Mining cost, as it stands on the books of each mining company, represents the average cost of the total output, all sizes, of anthracite. Egg coal has at least five times the market value of barley, but these' sizes are mined together and their costs can not be separated. Mine costs directly reflect the conditions under which these deposits of coal are recovered. Even within the few counties in which anthracite is found there is a conspicuous range of natural conditions. The distinc-tion between the Northern, Middle, and Southern field, or, as they are also termed, the Wyoming, Lehigh, and Schuykill regions, is primarily geologic and topo-graphic, but the effects of the natural conditions largely control costs. The contrast is great between Some of the level-lying beds of moderate but fairly constant thickness under the broad Wyoming Valley, where mining and underground haulage present relatively simple problems to the engineer, and the steeply pitching or overturned and faulted beds of variable thickness in the Schuykill field, where crushed coal' and treacherous roof multiply the difficulties of mining; and increase the unavoidable waste. Even more direct is the connection between geologic processes and the, differences in the character of the coal as mined, the varying proportions of large and small sizes demanding differences in preparation and resulting in different average prices realized for the product of the mines.

Jan 8, 1923

By Zay Jeffries

IT is well known that many properties of a given metal vary with the size of grain or cell. For most industrial purposes, where high ultimate strength and high elastic limit are desired, the manufacturer tries to produce a. fine-grained structure. For some purposes, for example in transformer iron, a coarse-grained structure is desirable. The terms fine-grained and coarse-grained are used only in a relative sense. For example, a fine-grained cast copper might have grains 100 times larger than coarse-grained high-speed steel. Similarly, a fine-grained steel rail might have grains or cells 100 times larger than coarse-grained wire, which was made of steel from the same heat. In some metals, the change in grain size is more appreciable than the changes in any of the properties determined by the tensile test. Furthermore, in metals which have been annealed or subjected to high temperatures, grain size may prove to be a better indication of the life of the metal in use than the tensile test. One of the authors was able to supplant the tensile test with grain-size determinations in the control of. metal for a specific use, the latter determination being more indicative of. the life of the metal part than the tensile test. A grain-size determination with a tensile test is, of course, more valuable than either singly. At present there is a decided dearth of data on actual grain-size determinations in metals, and consequently a corresponding lack of ability to interpret the determinations after they are made. It would be desirable to have correlation made between grain size and properties of metals, comparing thousands of determinations. In this way, grain-size determinations might be interpreted in much the same manner that tensile tests are now.

Jan 12, 1915

By E. Mcl. Tittmann

Deep-seated human instincts urge us to positively mark the passage of time. We celebrate the passage of each year. Years give way to decades, and decades to half centuries and centuries. At all these mileposts we are inclined to pause, take a look around and catch our breaths before embarking on the next leg. We are at such a point now and this meeting I am sure will give direction to the road ahead into the decade of the seventies. In looking around at this point, 1979, it is obvious to all of us that the environment in which we must mine, mill, smelt and refine lead and zinc has radically changed. These changes have, of course, occurred over a long period of time. They have, however, all been in the same general direction. They have all had the same motivation. The period of greatest contrast is probably the fifteen years just before World War II and the fifteen years following the end of that war. I thought that I might review briefly with you what seems to me to be four of the more important changes that have developed since World War II that profoundly affect our activities in the lead and zinc industry. I mentioned before that all these changes have been in the same direction; that is, they have all tended to restrict our freedom of action in pursuing our objective of producing lead and zinc on a competitive basis at a profit. Consequently, in discussing them you may think that I am merely viewing with alarm. This is not the intent. This is merely supposed to be an objective analysis. I think it appropriate before discussing these trends in detail to examine the position of lead and zinc today.

Jan 1, 1970