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By H. Rush Spedden, A. M. Gaudin

ALTHOUGH the number of minerals that are ferromagnetic) or highly paramagnetic is strictly limited, it has been known for some time that many minerals have slight but supposedly characteristic magnetic susceptibilities. With the exception of pyrrhotite, however, sulphides have been thought nonmagnetic. A new magnetic separator has been made available recently in limited quantity to research laboratories. This device, the Frantz Isodynamic Separator, has been used for the separation of various nonsulphides from each other. Its application to the separation of sulphides, however, does not seem to have been reported. In the Richards Mineral Dressing laboratories, the success achieved through the use of this device in separating associated sulphides has been so startling as to lead us to believe that it constitutes a magnificent adjunct to heavy-liquid separation and to quantitative mineragraphy as a tool for the mineral investigator. THE SEPARATOR The separator (Fig. I) consists of: I. A powerful magnet, the strength of which can be adjusted by means of a rheostat; 2. A vibrating chute of nonmagnetic metal on which the mineral to be separated is made to flow (Fig. 2); 3. A feed bin and adjustable feeder; 4. Receptacles for the collection of products; 5. Means for changing, setting, and accurately reading the two slopes of the chute; viz., the cross slope and longitudinal slope. The separator is made operative by the special shape of its pole pieces, which ensures a strongly converging field. It is said by the makers of the machine that the pole pieces apply a constant mechanical force to a particle of given susceptibility, regardless of its position in the operating space of the separators.* Susceptible particles, therefore, behave as though of lower specific gravity than under ordinary circumstances. This effect, combined with the slopes of the chute and the action of the vibrator, causes a stratification not unlike that obtainable on a shaking table. The chute is of rectangular cross section, and shallow; it is broadened toward the discharge end and divided longitudinally by a partition into two compartments that lead to the collecting receptacles. Although the separator probably can be used to make separations at fairly coarse

Jan 1, 1943

By Ben-Zion Weiss, Melvin R. Meyerson

FATIGUE crack propagation in some aspects can be viewed as being a result of localized plastic deformation concentrated near the tip of the crack.' Deformation is influenced by microstructure which in turn can affect the fatigue crack growth significantly. To study the effect of localized microstructural changes on fatigue crack propagation, cantilever-type notched specimens were subjected to cyclic bending at constant load amplitude. The extent of fatigue crack propagation was obtained by measuring the length of the crack by periodic observation with a microscope on the polished side of the sample,2"4 and these data were used in preparing the curves in the figures which follow. Figs. 1 (solid lines) and 2 show experimental results obtained in austenitic type 302 stainless steel containing higher than standard carbon (0.24 pct C) and 310 stainless steel. Both steels were homogenized for 8 hr at 1120°C and then water-quenched in order to prevent the precipitation of carbides. Fig. 3 shows experimental results obtained on 9440 low alloy steel in the normalized condition and in the quenched and tempered (580°C) condition. Indications of microstructural influence can be seen in scattering of the experimental data. The degree of scattering depends on both the microstructure and the amount of cyclic stress applied to the sample. For microstructures which are more easily deformed plastically, e.g., normalized or annealed as compared with hardened and tempered structures, the scattering is greater. Similarly, higher stresses produce greater scattering in the results, regardless of whether the cause of the stress increase is due to initial loading conditions or the growth in crack length. Scattering is believed to be a result of partial redistribution in the stress field around the tip caused by plastic deformation. This opinion is borne out by much smaller scattering of experimental results in the austenitic 302 high-carbon (0.24 pct C) steel. In this steel, plastic deformation in the neighborhood of the crack causes partial mar-tensitic transformation of metastable austenite,5 which in turn restrains further plastic deformation. As a result, the stress redistribution around The tip is reduced. Partial martensitic transformation was confirmed

Jan 1, 1969

By E. B. Swanson

FREQUENT reference has been made to the increased domestic gasoline demand recorded for 1931. This increase was in the neighborhood of 7,000,000 bbl. Although smaller relatively than that to which the oil industry had become accustomed by virtue of the experience of preceding years, the increase was of substantial amount, particularly at a time when any increase at all could be regarded with eminent satisfaction. Less has been said, however, of the 18,000,000 bbl. decline in gasoline shipments to territories and foreign countries. When the loss of business outside the United States is combined with the domestic increase, there results a net loss of some 11,000,000 bbl._ in total gasoline demand. The gain of 2 per cent in domestic sales gives way to a loss of 2.5 per cent in total domestic and foreign sales. The United States actually has been losing ground in the international gasoline market since 1924, when shipments from this .country equaled 72 per cent of the gasoline shipments from the leading gasoline-producing countries of the world. A loss in relative standing was recorded with each succeeding year. As long, however, as gasoline shipments showed an actual increase, the loss in relative standing was of little concern. Foreign producing centers annually supplied an increasing share of the foreign gasoline markets, but, until the past year, the demand abroad con-tinued to increase at a pace which could accommodate all of the, increased output of foreign plants and yet require increasing quantities from the United States. It was not until 1931 that the various factors were combined so as to produce an actual and substantial decrease in the foreign demand for United States gasoline. Consumption in foreign countries generally declined, while the output of foreign refineries and the foreign manufacture of substitute fuels continued to increase. From our own viewpoint, this meant a loss of some 18,000,000 bbl. of gasoline busi-ness in foreign countries, one-half of it probably due to the lowering in foreign demand and the other half to the increased output of foreign refineries and the increased utilization of substitute fuels.

Jan 1, 1932

By R. W. Lai, I. Iwasaki

Some physical as well as chemical aspects of the methods of dispersion of various corn starches and their derivatives are investigated and their effects as depressants in anionic silica flotation of iron ores ascertained. The adsorption behavior of starches on hematite and quartz is strongly affected by their molecular sizes as inferred from viscosity measurements. The implication of this behavior on flotation and flocculation is discussed. Mechanical treatment of causticized starch solutions is shown to reduce the starch requirements in flotation appreciably. Starches and starch products have been used as depressants for iron oxides both in amine flotation of siliceous gangue and in soap flotation of activated silica from iron ores. Cooke and his associates1,2,3,4 extensively studied the effects of certain starches and their derivatives in the amine flotation of iron ores at near-neutral pH and found that although most starches were good flocculants for hematite and de- pressed that mineral more or less selectively1,3 they did not flocculate quartz suspensions. Further, that replacement of active groups in corn starch modified its behavior as a flocculant for hematite or quartz suspensions1 and as an iron oxide depressant. Schulz and cooke2 showed that many starches and their derivatives, except aminoethyl starch, were abstracted more effectively by Brazilian hematite than by quartz and that the adsorption of a starch product was strongly dependent on pH and on the presence of calcium ion. In soap flotation of calcium-activated quartz, certain starches and their products have been used to depress iron oxides.5'6 The behavior of these substances in flotation appears at times to be at variance with those previously reported and especially with results obtained in the Mines Experiment Station laboratories. This is attributed, at least in part, to differences in flotation procedure and flowsheets and in the method of preparing the depressant. Most of the investigators referred to above, solubilized the starch products by autoclaving at 120°C. Others have used acid,7 alkali8 or oxidizing agents.9 In view of the limited knowledge of the depressing action of starches and their derivatives in iron ore flotation, particularly in soap flotation of calcium-activated silica at high alkalinity, an extensive study

Jan 1, 1965

By C. W. Parmalee

The ideal fuel for burning ceramic wares is the one that, among other characteristics, has little or no sulfur. For that reason wood was long considered the most desirable fuel but its high cost has practically eliminated its use except in regions where it is very abundant or other circumstances warrant its choice. The fuels commonly employed are natural and producer gas, oil, and coal. The last named is undoubtedly the most important, not only in this country but abroad. Occasionally anthracite is used but the larger part is bituminous. The quality of the coal used depends on the kind and the value of the products being manufactured. For some materials, such as common brick, hollow block, etc., the quality of the coal is of less importance than in the manufacture of polychrome terra cotta, pottery, porcelain, etc. It is obvious that in burning clays that contain notable amounts of pyrite, marcasite or gypsum, as is the case with many common clays, the sulfur content of the fuel is of much less importance. The permissible amount of sulfur in the coal used will depend on the kind of product being manufactured. "A good sample1 of coal commonly used in pottery ovens has something like this quantity of sulfur: total sulfur, 1.20 per cent.; sulfur in ash, 0.11 per cent.; volatile sulfur, 1.09 per cent." This is based on English pottery practice. Correspondence with a. number of leading manufacturers in this country has produced the following figures: Sanitary Ware.—(a) 1.0 per cent, maximum, (b) 0.5 per cent. Sewer Pipe.—(a) 1.2 per cent., (b) 1.1 per cent, present run, 3.0 per cent, has been used. Terra Cotta.—(a) 0.5 per cent, basis of contract, 1.0 per cent, approximate. Pottery.—1.0 per cent, contract, 1.5 per cent, probable content. Enameled Brick.—1.3 per cent, maximum, (a) and (6) designate different firms giving figures. Since a pottery kiln for sanitary ware will require about 14 tons of coal for a bum, the quantity of SO2 that will be generated from a 1-per

Jan 1, 1920

By C. F. Cockrell, K. K. Humphreys, H. E. Shajer

It is quite conceivable that the question of using coal or an alternate fuel in the future by large industrial consumers may be decided on the basis of possible profitable utilization of flyash. Accordingly, the Coal Research Bureau at West Virginia University has been attempting to develop new uses for this waste material. This effort has resulted in the development of a process for producing flyash-based face brick and other structural materials which generally exceed published specifications for competitive clay-based materials. These structural materials, containing up to 97% waste coal ash, can be produced from flyash derived from most coals without regard to the physical or chemical properties of the coal ash. Preliminary production cost estimates indicate that face brick can be manufactured at a rate of 9000 brick per hr or more with a resultant gross profit of over $24.00 per thousand brick. Plant payout time for a plant of this size would be only about 1.2 years assuming a market price of approximately $55.00 per thousand, a well established figure for comparable clay brick. With flyash production expected to more than double in the next 15 years, there is an increasing need for a practical and Profitable method for the utilization of large tonnages of this material (see Table I listing total flyash production of utilities in each state of the U.S.). Present industrial and governmental physical and chemical restrictions, particularly for use as a lightweight filler or pozzolanic material, have limited the use of flyash considerably. For those ashes which have met the required standards, utilization is not always assured because of lack of promotion and poor public acceptance. Less than 6% of the total flyash production in the U.S. was sold in 1962. The remainder was dumped in disposal areas at costs as high as $2.42 per ton.' It is quite conceivable that in the near future the question of using coal or an alternate fuel by large industrial consumers may be decided on the basis of the possible utilization of flyash. To help insure future coal demands, the Coal Research Bureau at

Jan 1, 1968

By C. R. Breck

THERE has been a running discussion over the-past several years with respect to the life and adequacy of our natural gas reserves.. Some of the experts agree on one phase of the subject at least--that eventually it will be necessary to augment deliveries of natural gas in the northern markets by the development of a more or less comparable synthetic gas made from coal. The purpose of this paper is to point out: 1. It may be later than a good many people think-the demand for additional domestic and commercial pipeline gas in at least one section of the North will probably be felt rather keenly before an adequate synthetic pipeline-gas project, developed on economic lines, could be completed, even if ' initiated in the near future. 2. The evidence is considerable that such a project would be technically sound and economically self-supporting, although the margin of profit at first might be so small and the magnitude of an economic enterprise so great that financing would be impossible without Government aid in some form or other. The part of the country referred to is the heavily populated section in the northeast of the United States. To simplify an examination of the situation, let us take the potential marketing areas within range to the north and east of the three pipelines: 1. Tennessee Gas Transmission Co. as it enters Erie County, New York state. 2. Texas Eastern Transmission Corporation just before the tap that supplies the general Philadelphia area. 3. Transcontinental G& Pipe Line Corporation as it enters the state of New Jersey The sources of gas for these three pipelines are in Texas and Louisiana. The ultimate maximum combined capacity of the three lines at the points stated is approximately 1,200,000,000 cu ft per 24 hr at the maximum load factor probable of attainment in normal operation. The areas supplied by the three lines north and east of the points stated, or assumed as eventual markets, are: 1. Central New York state, from Buffalo to Albany (both inclusive).

Jan 1, 1953

By J. R. Eckel

It has long been known that mud properties affect drilling rate and that drilling with water is as much as six to .seven times faster than with mud. However, it is not known why drilling rates with mud are lower. Recent studies show what fluid properties govern microbit drilling rate and also provide a quantitative correlation of these fluid properties and hydraulics with microbit drilling rate. All the microbit tests reported in this paper were made with a low permeability (about 10 md) limestone. They were conducted at constant bit weight and rotary speed with varying fluid properties, flow rate Q and nozzle dinnteter d. The tests showed that (1) drilling rate in a given system with constant circulating rate and nozzle velocity is a function of the kinematic viscosity [viscosity /density, (cp)/ p (density)] of the drilling fluid measured at near bit nozzle shear rates; (2) the combined effect of fluid properties and hydraulics on microbit drilling rate is defined by a Reynolds number function (kQp/dp); (3) for the same kinematic viscosity, drilling rate is independent of solids content; and (4) for the same kinematic viscosity, drilling rate is independent of fluid loss. INTRODUCTION The fact that mudding up reduces rate of penetration is well known, but the reduction varies from well to well. The rate with mud may be 80 percent of the water rate or it may be as low as 15 percent. Since this reduction of up to seven-fold takes place under conditions of constant bit weight, rotary speed and mud circulating rate in a uniform formation, it can only be a result of the change in fluid properties. Previous work1-" both in field tests and in laboratory microbit tests) showed that drilling rate with mud is lower than with water (Figs. 1 and 2). Microbit tests also confirm, at least qualitatively, the field observation that drilling rate slows with increased pressure differential from borehole to formation (Fig. 3). The qualitative effect of drilling rate of bit weight, rotary speed and rate of mud circulation are also the same for the field and microbit rig. For these reasons, the industry generally accepts microbit results as being qualitatively meaningful in terms of field application.

By D. Turnbull, J. H. Hollomon, J. C. Fisher

The concepts of nucleation and of growth have adequately described the isothermal phase transformations to which they have been applied.ls2 However, these concepts have not yet been used successfully to describe the kinetics of a number of transformations that are not observed to take place isothermally. A typical reaction of this type is the austenite to martensite transformation in steels, for which the new phase appears only during cooling of the parent phase. If the cooling is interrupted, transformation ceases; yet had the cooling continued, transformation would also have continued. Nuclei of a new phase do not leap into existence all at once by the simultaneous cooperation of a large number of atoms or molecules of the parent phase; rather they are formed at finite rates by gaining or losing atoms one at a time from the surrounding materiaL3,4 Further thermo-dynamic considerations require a finite concentration of small transitory nuclei of all unstable phases to exist at equilibrium in a stable phase.= For steel in particular, nuclei of ferrite (a iron) exist at equilibrium in austenite (y iron) at temperatures where austenite is the stable phase. If a high-temperature phase a be cooled sufficiently rapidly from temperature TI above the a-ß equilibrium temperature To, to temperature T-1 below To where ß is the stable phase, the equilibrium distribution of ß nuclei corresponding to the high temperature will be retained. There are two limiting possibilities of particular interest: I. The steady state rate of nucleation of ß may be appreciable at T_1, and may require a concentration of sub-critical nuclei exceeding that retained from the high temperature. Time will be required then for the concentration of nuclei to build up to the steady state value, and an induction period will be observed during which the rate of nucleation will increase to the steady state value. 2. The steady state rate of nucleation of ß may be negligible at T-l, while the critical size for continuous growth of ß nuclei, which decreases with increased subcooling of the a phase, may reach a value so small that some. of the retained high-temperature nu-

Jan 1, 1949

By Frank Hultgren

The influence of grain boundaries and polygonized subsructure on the flow stress of commercially pure aluminum has hem studied. A systematic inz-estigoti017 of grain size and subgrain size and mis-orientation was pursued; the contributions of pain boundary md substruture hardening were found to he additive fuiictions. Subgrain boundaries exert greater influence on hardening at room temperature than do grain boundnries. Both subgrain diameter and misorientation influence flow stress, but only to the extent that both contribute to the dislocation density. The flow stress due to substructure may he described by the equation of = abp1/2. THE origin of substructure hardening in metals has remained unclear for a long time. Lately, both theory and experimental techniques have become more exact and merit a closer examination of the subject. In the present work, the influence of polygonized substructure size and misorientation in commercially pure aluminum on mechanical properties has been systematically investigated. The influence of substructure on mechanical properties has been compared with that of grain boundaries. In addition, the works of several authors are compared with theoretical predictions of substructure hardening. EXPERIMENTAL TECHNIQUES Aluminum of 99.9 pet purity (0.04 Fe, 0.046 Si, 0.00 Cu) was employed. Various grain sizes were produced by heavy (over 90 pet reduction in area) cold drawing and recrystallization at various temperatures. A (111) fiber texture was observed in all specimens. Grain sizes were analyzed statistically. Substructure of varying size and misorientation was produced by prestraining specimens of various recrystallized grain sizes. Specimens for mechanical testing and substructure analysis were recrystallized, prestrained, and annealed together. The samples were prestrained from 5 to 25 pet in tension at room temperature and annealed at 200" to 370°C for 2 hr. All samples were rapidly cooled (in air) from the anneal to retain the subgrain wall structure developed at the annealing temperature. A clearly polygonized substructure was developed in all cases. Substructure size was measured by the Berg-~arrett' technique and analyzed statistically. Substructure misorientation was measured in the following manner. Individual grains in the polycrys-talline aggregate were isolated and their intensity distributions mapped using an X-ray goniometer and Geiger counter. From the observed profiles, the

Jan 1, 1964

By Oliver B. Knight

The producing formation in the South Field, or "Golden Lane" structure of Mexico, is a buried ridge of reef limestone of Comanchean age overlain unconformably with sediments of Upper Cretaceous, Eocene and Oligocene. The structure extends in a long sweeping arc, with the convex side toward the west, from San Geronimo, Vera Cruz, to San Isidro, south of the Tuxpam River, which it crosses at the town of Alamo. It is 52 miles long and averages 3/4 mile in width. The surface of the producing formation of El Abra limestone consists of a series of minor parallel highs which are separated longitudinally by synclinal troughs and laterally by structural saddles. The presence of these highs has been of utmost importance in the development of the field, especially in recent years when the salt-water level has risen above the synclines and confined the oil to the isolated highs. In many cases, faulty information and interpretation of the subsurface has resulted in drilling costly dry holes and salt-water wells. Development The development of the Golden Lane was started by the Mexican Eagle Oil Co. in 1906. San Diego No. 3, usually known as Dos Bocas, the first producing well on the structure, was completed on July 4, 1908. This well came in unexpectedly for an estimated daily production of 129,000 bbl., and, as the casing was not properly set, the well flowed wild into the Tamiahua Lagoon, causing a loss of several million barrels of oil. In flowing wild the well formed a crater which covers an area of 48 acres, out of which salt water and small quantities of gas still flow. Casiano No. 2, the Huasteca Petroleum Co., which yielded 200 bbl. of oil daily, and which was completed in November, 1909, was the next producing well to be drilled on the structure. In 1910, the same company completed Casiano No. 7, with an initial production of 50,000 bbl. daily, and Casiano No. 1, which produced 200 bbl. daily. In the same year, the Mexican Eagle Oil Co. completed its Potrero del Llano wells 1, 2 and 4, with initial productions of 500, 400 and 100,000 bbl. respectively. From 3910 to the latter part of 1919, development proceeded

Jan 1, 1931

By W. B. McCarter

Broadly speaking, the year 1934, one of the most active in the history of the Coast, has been both disappointing and revealing. Of the 18 new oil-producing areas, only two have shown the qualities of a first class oil field. Many of the new areas are discouraging for the horizons exploited, because of close association of gas and salt water, and the absence of any appreciable oil zone. In spite of amply fulfilling the expectations of drilling and geophysical development, the year has fallen far short of the results that normally should be expected from such a campaign. In 1934, the Cockfield zone has been disappointing because its exploration down the dip from the Conroe and Tom Ball fields revealed only such distillate fields as Splendora, Eureka, and the great gas-sand thickness at Katy. The zone proved good at Raccoon Bend. Newer Oligocene and Frio fields in Texas, with the exception of Hastings, were also disappointing, as Van Vleck arid Old Ocean attest. The discovery at Dickinson is not startling. The development of Hastings, Tom Ball, Dickinson and the deep zone at Raccoon Bend will be slow. A new strip of prospective territory of minor importance lying inland from the Conroe trend was opened by the Kittrell discovery. During the year 206 unproductive wildcats were drilled on the Texas Coast, compared with 207 during 1933 and 141 during 1932. During 1934, there were 835 oil and gas wells and 229 dry holes drilled in proved fields, in contrast with 1100 in 1933 and 512 in 1932. The past year's production was actually 60,868,260 bbl., or 2,020,764 bbl. less than in 1933. The present annual rate of Texas Gulf Coast production is about 61 million barrels per year. The daily Texas Coast production decreased 5537 bbl., or 3.2 per cent, during the year. The total daily production at the end of the year was 173,598 bbl. Eighteen wildcats opened up new oil and gas pools during 1934, so that there are now 78 active pools and 3753 producing oil wells. The production of the average well is 45 bbl. per day. The price of crude oil was almost uniform in 1934,

Jan 1, 1935

By Elliott J. Roberts

In spite of the fact that the percentage of true colloids in an ore grind is very small,' these pulps exhibit many of the properties of true colloidal suspensions. A quartz particle, appreciably finer than 10 microns in diameter, has a settling rate so low that at a dilution of 5:l or over, the capacity of a settling tank to settle such particles would be uneconomical if the individual particle rate prevailed. However, by grouping the finer particles into aggregates or flocs, the settling rate can be increased to an economical value. The colloidal chemistry of pulp thickening is thus chiefly concerned with particles having diameters of between 1 and 10 microns, although particles as coarse as 40 microns in diameter are more or less involved. These particles must be associated in such a manner that they settle at an economical rate and give a clear, supernatant liquid or overflow. The treatment of the subject may be divided into three phases, cach phase having a more or less different colloidal aspect. The first phase is the problem of getting the pulp or suspension into the proper condition of flocculence; the second is the behavior of the flocculent pulp in its initial and intermediate stages of settling; the third is the behavior of the flocs in the find period of settling or thickening stage. Let us look first into the methods and mechanism of obtaining the flocs and then consider their behavior and properties. Flocculation Colloids are merely ordinary substances reduced to a very small particle size, the upper limit being placed by definition at 1 micron (0.001 mm.) diameter by the soil chemists and at from 0.2 to 0.1 micron by various other colloid chemists. The lower limit is reached only when the particles approach molecular dimensions. The term L'colloid" should not necessarily imply lack of crystallinity. Particles as small as 0.01 to 0.02 micron give perfect X-ray patterns, while with 0.005 micron particles the bands on the powder photograph are merely broaderled and diffused.2

Jan 1, 1935

By Hallan N. Marsh, Bruce H. Robinson

It is generally believed that the flowing of wells through tubing instead of casing results in the conservation of gas. It is further believed that use of tubing prolongs the flowing life of a well and results in greater ultimate recovery, provided either that there are no adjacent wells, or that any adjacent wells are similarly operated. Recent experience in the flowing of Buckbee zone wells at Santa Fe Springs has not only substantiated both of these beliefs but has led to the further conclusion that the use of tubing results in a greater cumulative flowing production, ' even in a highly competitive field like Santa Fe Springs, where the wells concerned are closely offset by wells of both the same and other companies flowing through casing. Further, gas-oil ratio has been so reduced that greater ultimate recovery can be expected. In the belief that such would be the case, the majority of the Buckbee zone wells of one company were brought in through tubing, but enough wells were flowed through casing to form the basis for a comparison. For the purpose of this comparison, wells with flow strings 2½ or 3-in. dia. are designated as tubed wells, while those having flow strings larger than 3-in. dia. are designated as untubed wells. Casing used was mostly of 5 ¾-in. dia., the remainder being of 4¾-in. dia. There were 15 tubed wells and 8 untubed wells and they were scattered over the field in such a way that neither group appears to have any distinct advantage as regards location. Locations of all wells involved in the comparison are shown on Fig. 1. All the Buckbee sand wells of the company are included in the average production curves, with the exception of eight that were unsatisfactory for reasons other than the method of flowing. Findings 1. Buckbee sand wells flowing through casing larger than 3 in. had an average maximum production rate of 4670 bbl. per day, while wells flowed through straight tubing or 3-in. casing had an average maximum production of only 3300 bbl. per day. (See Fig. 2.)

Jan 1, 1932

By J. E. Pogue, F. G. Coqueron

This paper describes the sources of funds required by the petroleum industry to finance capital expenditures and also presents a discussion of the effect of rising construction costs on these expenditures. The petroleum industry obtains its capital funds from several sources: (I) internal, from retained cash earnings; and (2) external, from borrowings and the sale of securities to the public. The upward trend of capital expenditures of the petroleum industry is caused in the main by the influence of two powerful factors: (I) the physical growth in the demand for oils; and (2) the rising cost of drilling wells and constructing refineries, pipe lines, and other facilities. The segregation of these factors is accomplished by deflating the actual capital expenditures so that they are shown in terms of 1939 costs and then subtracting the adjusted series from the actual figures to yield a set of data representing the expenditures made on account of higher costs. Rising costs affect prices and the portion attributable to this factor had to be generated from the cash earnings of the industry, which called for higher oil prices. Introduction Capital may be defined as "wealth employed in or available for production." All production requires capital. Expanding industries require more capital than static ones, and technological industries employ more capital than. those in which little equipment is needed. The petroleum industry is both rapidly growing and highly technological, and, being a large industry, its capital requirements are prodigious, amounting to about one-seventh of the total of all American business, excluding agriculture.* Capital formation may be defined as the method by which the wealth or capital needed in the productive processes is created. There are various ways in which capital funds may be obtained but there is only one way in which capital can be created—out of production in excess of consumption, that is, savings. The physical realities are simple, but the monetary concepts are complicated because the mechanism of credit can draw upon future savings. Source of Capital Funds An industry, such as the petroleum industry, can obtain its capital funds from

Jan 1, 1949

By Howard S. Bryant

Kansas maintained its fourth position on the list of all oil-producing states, for the ninth consecutive year. Total crude-oil production during 1935, as reported by the Oil & Gas Journal, was 53,364,446 bbl. on 97 per rent tank table calculations. This represented an increase of 17 per cent over the production in 1934, which had been the all-time peak of production in Kansas up to that time. Many of the 51 new discoveries of the year, listed in Table 2, did not have a pipe line outlet until about January, 1936; therefore did not contribute to the 1935 production of the state. The potential of all wells in Kansas at the end of the year was 998,-000 bbl. per day, and the daily allowable was 143,000 bbl. per day, showing proration to the extent of 14 per cent of capacity, under the rules of the State Corporation Commission. Several important new pipe lines were built into western Kansas by extending older lines from east to northwest, providing additional outlets for new crude-oil production, and increasing the service facilities from the older oil fields. The crude-oil price level remained unchanged throughout 1935 as it did in 1934, the price of Kansas 36" gravity crude being quoted at $1 per barrel. However, on Jan. 9, 1936, the price of this gravity oil was raised to $1.10 per barrel. Following the trend of the past several years, drilling activity was largely in western Kansas, and showed a still farther westward push from last year. A relatively high percentage of successful wildcat wells at a relatively shallow drilling depth, combined with the expiration of leased acreage assembled before the depression, caused the rapid exploration and development campaign, begun in 1934, to continue. This has caused the opening of more new fields in 1935 than during any previous year in the history of oil production in Kansas. A summary of the results of drilling in western Kansas is given in Table 2. Eastern Kansas had considerable drilling, showed six new fields or extensions of oil fields, but in the limited space of this paper such developments cannot be described.

Jan 1, 1936

By E. H. Crabtree, V. W. Winters, T. G. Chapman

IN 1939 one of the authors* described advances in carbon-cyanidation for the period 1932 to 1939 • T. G. Chapman: A Cyanide Process Based on the Simultaneous Dissolution and Adsorption of Gold. Trans. AIME (1939) 134, 207. and included: (1) the dissolution of gold in an ore pulp by cyanide and its simultaneous adsorption by carbon, (2) the stage addition of adsorptive carbon and its movement countercurrent to the flow of the ore pulp, and (3) the recycling of adsorptive carbon. Considerable additional experimental and pilot plant work have been done by the authors since 1939 and the results of such work E. H. CRABTREE, JR., Member AIME, is Director of Milling, Eagle-Picher Mining and Smelting Co., Miami, Okla., V. W. WINTERS is Superintendent, Sahuarita Concentrator, Eagle-Picher Mining and Smelting Co., Tucson, Ariz., and T. G. CHAPMAN, Member AIME, is Dean, College of Mines, University of Arizona, Tucson. AIME Sun Francisco Meeting, February 1949. TP 2744 B. Discussion (2 copies) may be sent to Transactions AIME before March 31, 1950. Manuscript received March 3, 1949. have been sufficiently encouraging to justify a second paper. Developments from 1939 to 1948: In 1941, Verne W. Winters did the first experimental work in eliminating agitation during dissolution and adsorption and thereby demonstrated that the dissolution of gold by cyanide and its simultaneous adsorption by carbon take place essentially to completion in a stagnant pulp. Shortly thereafter, and as a result of the stagnant pulp experimental work, Winters and Chapman demonstrated that soluble gold, in a cyanide ore pulp, would migrate from the ore pulp through a perforated container and be adsorbed by carbon within the container. During the same year, the Eagle-Picher Mining and Smelting Co. erected a 25-ton capacity pilot plant at the Harquahala mine about 9 miles from Salome, Ariz. Experimental work at this plant comprised chiefly the stagnant pulp modification of carbon-cyanidation although considerable work was done in the grinding and activation of carbon, and testing various methods of extracting adsorbed gold from carbon. Soon after the completion of the Harquahala

Jan 1, 1951

By E. H. Crabtree, T. G. Chapman, V. W. Winters

IN 1939 one of the authors* described advances in carbon-cyanidation for the period 1932 to 1939 • T. G. Chapman: A Cyanide Process Based on the Simultaneous Dissolution and Adsorption of Gold. Trans. AIME (1939) 134, 207. and included: (1) the dissolution of gold in an ore pulp by cyanide and its simultaneous adsorption by carbon, (2) the stage addition of adsorptive carbon and its movement countercurrent to the flow of the ore pulp, and (3) the recycling of adsorptive carbon. Considerable additional experimental and pilot plant work have been done by the authors since 1939 and the results of such work E. H. CRABTREE, JR., Member AIME, is Director of Milling, Eagle-Picher Mining and Smelting Co., Miami, Okla., V. W. WINTERS is Superintendent, Sahuarita Concentrator, Eagle-Picher Mining and Smelting Co., Tucson, Ariz., and T. G. CHAPMAN, Member AIME, is Dean, College of Mines, University of Arizona, Tucson. AIME Sun Francisco Meeting, February 1949. TP 2744 B. Discussion (2 copies) may be sent to Transactions AIME before March 31, 1950. Manuscript received March 3, 1949. have been sufficiently encouraging to justify a second paper. Developments from 1939 to 1948: In 1941, Verne W. Winters did the first experimental work in eliminating agitation during dissolution and adsorption and thereby demonstrated that the dissolution of gold by cyanide and its simultaneous adsorption by carbon take place essentially to completion in a stagnant pulp. Shortly thereafter, and as a result of the stagnant pulp experimental work, Winters and Chapman demonstrated that soluble gold, in a cyanide ore pulp, would migrate from the ore pulp through a perforated container and be adsorbed by carbon within the container. During the same year, the Eagle-Picher Mining and Smelting Co. erected a 25-ton capacity pilot plant at the Harquahala mine about 9 miles from Salome, Ariz. Experimental work at this plant comprised chiefly the stagnant pulp modification of carbon-cyanidation although considerable work was done in the grinding and activation of carbon, and testing various methods of extracting adsorbed gold from carbon. Soon after the completion of the Harquahala

Jan 1, 1951

By Howard S. Bryant

Kansas maintained its fourth position on the list of all oil-producing states, for the ninth consecutive year. Total crude-oil production during 1935, as reported by the Oil & Gas Journal, was 53,364,446 bbl. on 97 per rent tank table calculations. This represented an increase of 17 per cent over the production in 1934, which had been the all-time peak of production in Kansas up to that time. Many of the 51 new discoveries of the year, listed in Table 2, did not have a pipe line outlet until about January, 1936; therefore did not contribute to the 1935 production of the state. The potential of all wells in Kansas at the end of the year was 998,-000 bbl. per day, and the daily allowable was 143,000 bbl. per day, showing proration to the extent of 14 per cent of capacity, under the rules of the State Corporation Commission. Several important new pipe lines were built into western Kansas by extending older lines from east to northwest, providing additional outlets for new crude-oil production, and increasing the service facilities from the older oil fields. The crude-oil price level remained unchanged throughout 1935 as it did in 1934, the price of Kansas 36" gravity crude being quoted at $1 per barrel. However, on Jan. 9, 1936, the price of this gravity oil was raised to $1.10 per barrel. Following the trend of the past several years, drilling activity was largely in western Kansas, and showed a still farther westward push from last year. A relatively high percentage of successful wildcat wells at a relatively shallow drilling depth, combined with the expiration of leased acreage assembled before the depression, caused the rapid exploration and development campaign, begun in 1934, to continue. This has caused the opening of more new fields in 1935 than during any previous year in the history of oil production in Kansas. A summary of the results of drilling in western Kansas is given in Table 2. Eastern Kansas had considerable drilling, showed six new fields or extensions of oil fields, but in the limited space of this paper such developments cannot be described.

Jan 1, 1936

State of California, Division of Mines, Ferry bldg., San Francisco, Calif. Walter W. Bradley, State Mineralogist. A list of publications available will be sent upon request. Bulletin 77 is a list of publications complete from 1880 to 1917 and contains synopses It is sent free. Bulletin 105, California mineral production and directory of mineral producers for 1930, brings the complete list up to date, sent free on request The Division of Mines issues principally (1) A series of Reports, (2) Bulletins, (3) Preliminary Reports, and (4) maps. The Reports were first issued biennially, later annually, and for the past few years they have taken the form of quarterly reports. The yearly subscription price for the quarterly reports is $1, payable in advance Reports and separate chapters available are Report 2, First Biennial (1892), $1, 14 (1913-1914), Chapter on mines and mineral resources of Colusa, Glenn, Lake, Mann, Napa, Solano, Sonoma, and Yolo counties, 50 cents, 15 (1915?1916), Mines and mineral resources of Butte, Lassen, Modoc, Sutter and Tehama counties, 50 cents, and Mines and mineral resources of Monterey, San Benito, San Luis Obispo, Santa Barbara and Ventura counties, 65 cents, 16 (1917-1918), Nevada County, 75 cents, Plumas County, 50 cents, Sierra County, 50 cents; 17 (1920), Mining in California during 1920, $1 75, 18 (1922), Mining m California, chapters for Aug , Sept , Oct , Dec , free, 19 (1923), Mining in California, chapters for Jan , Feb , Mar, Sept , free, 20 (1924), Quarterly chapters on mining in California (except July, out of print), 25 cents, 21 (1925), Quarterly chapters containing county reports- Jan (Sarcramento, Monterey, Orange) 25 cents, April (Calaveras, Merced, San Joaquin, Stanislaus, Ventura), 25 cents, July (Del Norte, Humboldt, San Diego) 25 cents, Oct (Siskiyou, San Luis Obispo, Santa Barbara), 25 cents; 22 (1926), Quarterly county reports: Jan. (Santa Cruz, Trinity), 25 cents, April (Shasta, San Benito, Imperial), 25 cents, July (Mann, Sonoma) and Copper in California, 25 cents, Oct (El Dorado, Inyo) Minarets District, 25 cents, 23 (1927), Quarterly county reports- Jan (Contra Costa), 25 cents, April (Aniador, Solano) Bibliography of clay

Jan 1, 1933