Search Documents

THE CHAIRMAN.- This meeting is under the auspices of the American Institute of Mining and Metallurgical Engineers, and I think the germ of the idea originated in the steel business. Last year there was a meeting of prominent people in the steel industry with the idea of getting together and discussing practical phases of their business, so that everybody could contribute and from that there might be benefit derived for the industry. Several months ago when Mr. Bain was in Salt Lake City, he and Mr. Oldright asked me what I, as an individual, thought of it. From that originated this idea of having the copper people come together to discuss reverberatory smelting and all its phases. In starting out, it seemed the best plan to ask members what particular subjects they wished to discuss first; that is, the ones that would be considered more important. We asked Mr. Oldright, or suggested sometime ago that the meeting be postponed until May because May is a lovely month in Salt Lake. There are a number of attractive features around the city. We have a number of smelters here and I think that probably the most of the benefit will be derived from talking in an informal way and visiting the various plants around. the valley. At any rate, speaking as a resident of Salt Lake, I am glad to see all of you gentlemen here, and hope you have an interesting and instructive time. The tentative list of subjects for discussion at this conference is as follows: Construction Walls, etc. Walls, proper design and thickness of brick for various types of charging. Bottoms, construction of. Binding steel, correct weight and arrangement, where thrust of arch should be taken. Refractory materials, feasibility of using different material in various parts of the furnace. Water jackets, where applicable. Should bricks be used inside of same. Gas space, proper design for, height of roof above bath, etc. Roof Shape of Roof, in hot zone and elsewhere, longitudinally. Construction of roof, in various zones, around openings.

Jan 1, 1930

By Donald H. McLaughlin

ZEST in the search for new supplies of metallic ores and petroleum is difficult to maintain with stocks of raw materials accumulating and with over- production rightly or wrongly blamed for most of our industrial troubles. Enthusiasm over new methods of prospecting has consequently diminished and exploration programs in many fields have been drastically cur- tailed. Very naturally the effects have been felt with particular keeness in highly specialized phases of the work, such as geophysical prospecting, for the feverish scramble for new areas in which to drill beneath magnetic or electrical anomalies has abated, and there is even a lull in the firing in the battle over salt domes on the Gulf Coast. It is unquestionably an unhappy time for many of the organizations dependent on this work, but in certain respects the situation may be beneficial in correcting unsound practices that .have grown up through the necessity for haste and for quick decisions. With the restriction of the field to the more competent workers by the harsh rule of survival of the fittest, a general improvement, not only in technique but in business methods, can be expected which may go far in restoring public confidence. Geophysical prospecting in the short period that it has been utilized in North America, has suffered severely both from over-popularity and from excessive abuse. The former evil now

Jan 1, 1931

There were present twelve- Directors, the Secretary and the Assistant Secretary of the Institute, and fifteen guests. A committee of three was appointed to draft a suitable resolution of memorial of the services of Joseph Esrey Johnson, Jr. The committee consists of Joseph W. Richards, Chairman, J. V. N. Dorr and Allen H. Rogers. William R. Walker was elected a Director in place of J. E. Johnson, Jr., and Edwin Ludlow was elected a member of the Executive Committee in his stead. George C. Stone was appointed Chairman of the Committee on Membership in place of Mr. Johnson. The following resolutions were then adopted: RESOLVED, That a special business meeting of the Institute be and the same hereby is appointed to be, held at the office of the Institute, No. 29 West 39th Street, Borough of Manhattan, City of New York, on the 27th day of June, 1919, it 8.30 o'clock in the P. M. to consider and take action upon the proposal to change the name of the Institute to "American Institute of Mining and Metallurgical Engineers, Incor-porated," and the further proposal to extend the corporate purposes of the Institute so that it shall, in addition to its other powers, be empowered to promote the arts and sciences connected with the economic production of the useful minerals and metals, and the welfare of, those employed in these industries, by all lawful means.

Jan 6, 1919

By L. C. Graton

[CONTENTS PAGE INTRODUCTION AND ACKNOWLEDGMENTS. By George M. Fowler2 Question 1-Is Structural Deformation of Some Character Always Necessary for the Migration of Mineralizing Solutions, Especially in Limestone or Other Dense Rock? DISCUSSION by: A. M. Bateman 10 S. F. Kelly 15 C. H. Behre, Jr 8, 13 G. B. Langford 13 T. M. Broderick11 H. E. McKinstry6 R. H. Clarke 13 D. H. McLaughlin8 J. D. Forrester for M. H. Gidel . . . 4 W. H. Newhouse13 G. M. Fowler 2, 6, 11 R. H. Sales 6 L. C. Graton 11 Edward Sampson 12 R. D. Hoffman 10 J. S. Stevenson 7 I. B. Joralemon11 L. B. Wright 2 Question 2-What Are Some of the Chemical and Physical Characteristics in Certain Beds within a Limestone Formation that Determine Their Favorable or Unfavorable Aspects as Reservoirs for Ore and Other Introduced Minerals? DISCUSSION by: G. W. Bain 17G. M. Fowler 21 C. H. Behre, Jr21L. C. Graton18 J. S. Brown 16G. F. Loughlin18 E. L. Bruce 19R. H. Sales 19 R. H. Clarke 20A. K. Snelgrove 20 Question 3-Are There Any Criteria by Which One Can Determine When Mining Operations Have Reached the Roots of an Ore Deposit? DISCUSSION by: J. M. Boutwell29G. B. Langford 29 T. M. Broderick28G. F. Loughlin25 E. Y. Dougherty27R. H. Sales 24 G. M. Fowler 22F. A. Thomson 26 I. B. Joralemon 22Edward Wisser 30 General S. F. Kelly35 References36

Jan 1, 1940

NEARLY one hundred members of the Mining and Metallurgical Society of America and friends of Professor Peele met at dinner at the Aldine Club, New York, on the evening of April 26, to take part in the ceremonies attending the presentation of the Society's annual gold medal. This had been awarded to Professor Peele by the Society in recognition of his laborious and painstaking work as Editor-in-chief of the monu-mental "Mining Engi-neers' Handbook. Carl A. Meissner acted as toastmaster. W. Y. Westervelt, a student and lifelong asso-ciate of Professor Peele, then recounted some of his friend's early exploits, be-ginning with his mining adventures in the paternal cellar, whereby the neces-sity for adequate ventilation was indelibly impressed on his mind. Graduating from the Columbia School of Mines in 1883, Robert Peele for several years followed the typical mining career, as assayer and superinten-dentatan outlying Colorado mine; mill foreman and assistant superintendent of the Silver King, in Ari-zona; in charge of a mine at Fairplay, Colo.; and superintendent for the Ore-gon Gold Mines Co., at Cornucopia. At intervals during this experience, he spent parts of four years on two mineral investigations m in Peru, Bolivia, Colombia, and Dutch Guiana. He i was called to Columbia as Adjunct Professor of Mining in 1892, and became Professor in 1904. During his sabattical leave in 1903 he travelled around the world, r stopping at some of the most important mining cen-ters, and in 1910 he renewed his acquaintance with South Africa and South America.

Jan 6, 1923

Eight members of the Board, the Secretary of the Institute, and eleven guests were present. Vice-president Henry S. Drinker presided. The President was authorized to appoint delegates to a meeting, on May 16, of the League to Enforce Peace. The Joint Conference Committee reported that the American Institute of Metals had accepted the invitation to form the Institute of Metals Division of this Institute. The Committee on Publications of the Institute of Metals was added to the Committee on Publications of the A. I. M. E. Exchange of one volume of Transactions of the A. I. M. E. at reduced price to members of the British Institute of Metals was authorized, in return for the reduced price given to our Institute of Metals Division on the annual proceedings of the British Institute.

Jan 6, 1918

Abadilla, Quirico A. Catanawan, Tayabas, P I '20 Abbey, Robert Graham, District Mgr., The W. W. Sly Mfg. Co, 50 Church St, New York, N. Y. '21 Abbott,-A. N., Mines Supt, Mazapil Copper Co., Ltd .. Concepcion del Oro, Zac., Mexico. '23 Abbott, Clarence E., Mgr, Mines & Quarries, Tenn. Coal, Iron & R R Co. 1242 Brown Marx Bldg, Birmingham, Ala. '04 Abbott, Louis Benjamin, Chief Engr, Consolidation Coal Co, Elkhorn Div . Jenkins, Ky. '15 Abeel, George H., Jr., Cons Min Engr... . Box 427, Santa Monica, Cal. '18 Abel, Albert E., Asst. to Pres., Valley Mould & Iron Corp Hubbard, Ohio. '19 Abel, Raymond L., Asst. Prof., Dept. of Pet. Refin , Univ. of Pittsburgh Pittsburgh, Pa. '28 Abernathy, George Elmer, Prof. of Geol. & Min., Kansas State Teachers College. Pittsburg, Kans '20 ||Abernethy, D. Carl, Jr. Min. Engr., Hudson Coal Co . Scranton, Pa '27 Abey, Hiroshi, Min. & Met. Engr., Min. & Met. Dept, The Higher Technical School, Osaka, Japan. '17 Aborn, Robert H., Instructor in Met, Harvard University Cambridge, Mass. '19 Abozeid, Mahmood, Pet. Production Engr., Marland Oil Co Ponca City, Okla. '20 Abraham, Arthur W., Geol, Richfield Oil Co. Box 788, Bakeisfield, Cal. '20 Abraham, W. E. V., Member, Geol Staff of Burmah Oil Co, Ltd Nyaunghla. Upper Burma, India. '23

Jan 1, 1923

By Frederick Laist

I. INTRODUCTION The new slime-concentrating plant at the Washoe Reduction Works, Anaconda, was put into operation during March, 1914. This plant, which has a capacity of 26,000,000 gal. of slime pulp carrying 2,500 tons. of solid matter per day, consists of Dorr thickeners and Anaconda multiple-deck slime concentrators.' This plant is the culmination of a great deal of experimental work extending over a considerable period of time, which work will be described briefly in the following pages.

Jan 8, 1914

By Peter N. Blakey, Thiann R. Yu, Douglas O. Tansey

A flexible, efficient, and relatively low-cost drilling and blasting operation has evolved at Texasgulf Canada, Ltd.'s Kidd Creek underground mine. Located 32 km (20 miles) north of historic Timmins, Ontario, the underground operation utilizes a sublevel open stoping method developed with large-diameter blastholes. Over the years, Kidd Creek engineers have experimented with various drill-and-blast techniques, leading to the present-day practice. Continuing work is being conducted to further mechanize the blasting operation.

Jan 6, 1976

By John C. Smock

The rich deposits of magnetic iron-ore in the Highlands of northern New Jersey attracted the attention of iron-workers at the time of the earliest settlements in that region. The outcrops of the oreshoots at the Dickerson mine, at Mount Hope, and at Hibernia, in Morris county, and at Ringwood, in Passaic count,y, which were doubtless such as would lead to discovery, location and development of nearly all the large iron-mines in that part of the State, appear to have had their beginnings where the ore cropped out on the surface or where it was scarcely concealed by a thin mantle of earth. In the early history of New Jersey iron-mining, the careful explorations and surveys made by the agents of the famous London Com-

Jan 1, 1892

||Abad, Leopoldo F, College of Min, Univ of California Berkeley, Cal '23 ||Abarquez, Ramon F, Met, Bureau of Science Manila, P I '24 ||Abbey, Robert Graham, Student, Case School of Applied Science Cleveland, Ohio '21 Abbott, A N , Mines Supt , Mazapel Copper Co , Ltd Concepcion del Oro, Zacatecas, Mexico '23 Abbott, Clarence E, Gen'l Supt, Iron Mines Div, Tenn Coal, Iron & R R Co, 1405 Minnesota Ave, Bessemer, Ala '04 Abbott, Louis Benjamin, Chief Engr, Consolidation Coal Co, Elkhorn Div 'Jenkins, Ky '15 Abbott, Robert R , Met Engr, Peerless Motor Car Co Cleveland, Ohio '12 ||Abbott, Wells Osborn, Ray Consolidated Copper Co Hayden, Ariz '23 Abeel, George H, Jr, Cons Min Engr 4612 W 17th St, Los Angeles, Cal '18 Abel, Albert E, Asst to Pres, Valley Mould & Iron Corpn Sharpsville, Pa '19 ?Abeloff, Miran S Address Wanted '21 Abernathy, G E, Kansas State Teachers College Pittsburgh, Kans '20 Abey, Hiroshi, Min & Met Engr, Takata & Co, 2 Yeirakucho, Nechome, Kojimachi-ku,

Jan 1, 1923

||Abad, Leopoldo F, Min Engr, Div of Mines, Bureau of Science Manila, P I '23 Abadilla, Quirico A, Geol , Logo Pet Corp Box 172, Maracaibo, Venezuela '20 ||Abarquez, Ramon F, Met, Bureau of Science Manila, P I '24 ||Abbey, Robert Graham, Student, Case School of Applied Science Cleveland, Ohio '21 Abbott, A N , Mines Supt, Mazapil Copper Co, Ltd Concepcion del Oro, Zac , Mexico '23 Abbott, Clarence E , Mgr, Mines & Quarries, Tenn Coal, Iron & R R Co. 1242 Brown Marx Bldg, Birmingham, Ala '04 Abbott, Louis Benjamin, Chief Engr, Consolidation Coal Co, Elkhorn Div Jenkins, Ky '15 Abbott, Robert R , Met Engr, Peerless Motor Car Co Cleveland, Ohio '12 ||Abbott, Wells Osborn, Ray Consolidated Copper Co Hayden, Ariz '23 Abeel, George H., Jr, Cons Min Engr 4612 W 17th St, Los Angeles, Cal '18 Abel, Albert E , Asst to Pres , Valley Mould & Iron Corp Sharpsville, Pa '19 Abernathy, George Elmer, Prof of Geol & Min , Kansas State Teachers College, Pittsburg, Kan '20 Abey, Hiroshi, Min & Met Engr, Chief Engr, Takata Min Co, 2 Yeirakucho, Nichome, Kojlmachiku, Tokyo, Japan '17 ||d'Ablamg, Philip R , Millman, Old Dominion Silver-Lead Co Ellensburg, Wash '25 Aborn, R H, X-Ray Metallographic Research, Mass Inst of Tech Cambridge, Mass '19 Abouchar, Sylvain Sley, Min Engr & Geol, care of S H Sekaly, 13 Rue El Nimr.

Jan 1, 1923

By Herbert A. Franke

ANY analysis of the aluminum situation, particularly of the factors involved in the current shortage of the metal, must consider the rapid march of events since the Munich fiasco of September 1938. At the end of 1938, the sole domestic producer of aluminum had more than a year's supply of metal on hand, having added 50,500 tons of output to stocks during the year. Not until war had been declared between the United Kingdom and Germany in September 1939 did the United States begin to make serious preparations for defense and a limited national emergency was proclaimed. Congress reflecting popular opinion, was not disposed to spend huge sums for armaments in 1939, and although 31,413 tons of aluminum was withdrawn from stocks. 107,500 tons was still on hand at the end of the year. When the President initiated a 50,000-airplane program in May 1940 the country was astounded, as previous Congressional authorizations of approximately 6000 planes for the Army by July 1911 and 3000 for the Navy by 1914 had been considered adequate.

Jan 1, 1941

By T. H. Aldrich

THE Aldrich Mining Co. holds under lease from the Illinois Central R. R. Co. about 14,000 acres, in the East half of Township 12, Range 12 `V., in Marion county, Alabama, and owns other lands, of which about 1,000 acres adjoin this leased tract, making a total area of about 15,000 acres, all of which is underlain by the coal-seam upon which the company is operating. This seam is nearly horizontal ; and a ravine, diagonally crossing the tract, exposes the outcrop on either side for about 2 miles. The territory has been so divided that nearly the whole of it can be worked out by two collieries. The mines at Brilliant were opened in the Fall of 1898, and shipments began in the following spring. The original plan was to furnish steam-coal for locomotives to the Illinois Central R. R. Co.; and upon this expectation the investment of capital was made. The field was entirely new; and the softness of the coal at the outcrop induced the belief that it could be very cheaply mined. A contract for the delivery of a large quantity of coal to the railroad was accordingly executed. But with the advance of the entries to increasing distances from the outcrop, the coal proved so hard that it could no longer be drilled with a breast-auger; and the expense of mining became so great that the contract for cheap steam-coal had to be cancelled. It became evident that the work must be done with machinery and explosives, if it could be profitably done at all. On the other hand, the excellent quality of this coal opened, at the same time, a possible market not specially contemplated at the outset-namely, that of a first-rate coal for domestic and general uses. Since no other deposit of such coal was known to exist on the line of the Illinois Central, or any other railroad

Jul 1, 1906

By George F. Becker

A Nere record of Emmons's professional career would very inadequately represent the man. That he was eminent mc know, and our successors will realize in due time; but they must depend upon us for knowledge of a singularly ~vholesome, modest, unselfish personality, and of a character that did honor to a profession in which trustworthiness is indispensable. Those members of the Institute who met Emmons are his friends, and I never knew .one of these who was not the better for that friendship. Emmons was born in Boston, Mar. 29, 1841, the son of Xathaniel H. and Elizabeth (Wales) Emmons, and was named Samuel Frankliri after an ancestor who was of the sarne family as Benjamin Franklin. He took the degrcc of Bachelor of Arts at Harvard in 1861, and soon afterwards went abroad to complete his education. From 1862 to 1864 he attended the courses at the fieole Impkriale des Mines at Paris, Elie de Beaumont arid Daubrke being among his professors. The year 1864-1865 he spent at Freiberg under Cotta and other famous teachers; after which he spent another year in traveling through Europe. Like many other renowned geologists, he approached his ultimate profession from its economic side, and was thus from the first imbued with a sense of high responsibility in the promulgation of scientific opinions or conclusions. With hypotheses which were interesting merely because they were ingenious or even plausible, he would have nothing to do. In 1867 he joined the Geological Exploration of the Fortieth Parallel at its organization under Clarence King, serving at first as a volunteer, but soon receiving a regular appointment. This expedition was the first one of purely geological character sent out by the United States government. As Emmons has shown in his admirable presidential address on " The Geology of Government Explorations," its work was founded on a com-

Jan 1, 1912

[Separates of all the Technical Publications published in 1930 are available at Institute headquarters. All the papers are on file in public, university and technical libraries, and when so indicated in the list, may be found in the Transactions.] Metal Mining Technical Publi- Title Author Meeting Tran~. cation Volume No. and Page* 264-A.29 Quicksilver Industry in 1929. Im- L. H. Duschak San Francisco T30, 283, 319 provements in the Metallurgy of C. G. Maier and Oct., 1929 Quicksilver and Symposium on The others Present Status of the Quicksilver Industry (With Discussion) (37) 271-A.30 Observation on Ground Movement R. E. Palmer New York T30. 168 and Subsidences at Rio. Tinto Feb.. 1930 Mines, Spain (20) 274-A.31 Development and Installation of the C.L.Berrien New York T30, 139, 166 Hawkesworth Detachable Bit (29) Feb., 1930 276-A.32 Protective Measures . Against Gas 0. A. Glaeser New York T30, 129. 167 Hazards at United Verde Mine (11) Feb., 1930 287-A.33 Use and Cost of Compressed Air (12) R. S. Lewis New York Feb., 1930 314-A.34 Miami Copper Company Method of F. W. Maclcnnan New York T30, 39, YO Mining Low-grade Orebody (44) Feb., 1930 319-A.35 How Human Beings Respond to W. J. McConnell New York Changing Atmospheric Conditions Feb., 1930 (9) 324-A.36 Vertical and Incline Shaft Sinking at Arthur B. Foote San Francisco T30, 87 North Star Mine (21) Oct., 1929 32bA.37 Governmental Control of the Pro- W. E. Colby New York duction and Sale of Mineral Re- Feb.. 1930 sources (With Discussion) (16) 333-A.38 Some Recent Developments in Open- E. E. Hunner New York T30, 106, 117 pit Mining on the Mesabi Range Feb.. 1930 (25) 334-A.39 Mining Methods and Costs at Presi- V. D. Howbert El Paso dio Mine of American Metal Co. of R. Bosustow Oct., 1930 Texas (15) 339-A.40 Operation of Pressure Fans in Series W. 8. Weeks New York (8) V. 6. Grishkevich Feb., 1931 364-A.41 Top Slicing with Filling of Slices as H. Willey El Paso Used at the Charcas Unit of Com- Oct., 1930 pania Minera Asarco, S. A. (17) 373-A.42 Drill Sampling and Interpretation of H. T. Matson New York Sampling Results in the Copper G. A. Wallis Feb.. 1931 Fields of Northern Rhodesia (17)

Jan 1, 1930

By R. E. Tate, L. J. Herman

We have had occasion to produce wire of Np-237 in small diameters for use in some chemical experiments. Since the mechanical metallurgy of neptunium has not been investigated extensively, it seems desirable to report our successful extrusion technique. Because of the neptunium activity and its attendant health hazard the experimental work was done in glove boxes and related equipment also used for Pu-239. At room temperature a phase neptunium' is a hard (Dph -355) orthorhombic metal of high density (p = 20.45 g per cu cm). a neptunium transforms2 to tetragonal ß neptunium at about 280°C and this in turn transforms to bcc y neptunium at about 577°C. The y phase melts at about 637°C. A temperature of 340° to 345°C was selected for the extrusion, this temperature being a compromise be- tween a possible advantage of working with the presumably more plastic cubic y phase above 577°C and the risk of having the neptunium react with the alloy steel die to form the low-melting Fe-Np eutectic. A 0.75-in.-long, 0.26-in.-diameter ingot of good-purity* Np-237 was extruded by the direct *C = 230 ppm, Pu = 200 ppm, thirty-five metallic elements below limit of detection by spectrographic methods. process through flat-face orifices to form several sizes of wire ranging from 0.010 to 0.030 in. in diameter. Molybdenum disulfide was used as the die lubricant. The extrusion was done in a vacuum of about 10-4 torr to reduce reaction of the neptunium with atmospheric gases. British workers3 at Harwell have extruded neptunium under similar conditions. The force required to extrude 0.010-in.-diameter wire at the rate of 4 in. per min was 6000 lb, as measured with an electrical load cell. Wire 0.020 in. in diameter was extruded with a force of 4700 lb at a rate of 2 in. per min, and wire 0.030 in. in diameter was extruded with a force of 4000 lb at a rate of 1.3 in. per min. An extrusion constant, c, can be computed from the measured forces, P, for the equation4 P = c log-A/a where A/a is the extrusion ratio or the ratio of the cross-sectional areas of the container and the

Jan 1, 1965

By AIME AIME

THE petroleum engineers have the conference habit. They drop in, thresh things over, and drop out. No time is wasted. So it was at the Fort Worth meeting of the Petroleum Division, Thursday and Friday, Oct. 8 and 9; headquarters, Blackstone Hotel. Associate Chairman Albertson arrived the morning of the 7th, to tie in any loose ends of the technical program. S. M. Greenidge, chairman of the local committee, checked the arrangements with his committeemen at a luncheon that noon. By mid-afternoon the next day's attendance was anybody's guess-there were no noses to count. But when the gavel sounded Thursday morning 175 members and guests were present, also the official A.I.M.E. party consisting of President Lovejoy, Secretary Parsons, and George Otis Smith. Shortly after adjournment Friday afternoon all but a handful had vamoosed, lit out, disap¬peared. But, in the meantime, it was a grand conference, attendance maximum every session, and the discussion fast and furious. The discussion came from all over the floor, sometimes as good-natured sniping, sometimes in long volleys that were almost fatal to the reporter. Everyone knew his subject and few there were who had nothing to say.

Jan 1, 1936

By M. H. HARRINOTON

THE Transactions of the Institute afford abundant evidence of the general recognition by mining engineers of the importance of a safety-lamp which will not only give warning of the presence of fire-damp, but will also indicate the proportion in which it is present.' Mining-men are only too familiar with the frequent and sudden changes that constantly occur at the working-face of a gaseous mine. Nothing illustrates more forcibly the pregnant condition of the strata enfolding the seam and the seam itself, than the fact that a circulation of perhaps 150,000 cu. ft. of air may contain 2 or even 3 per cent. of marsh-gas, representing a volume of from 3,000 to 4,000 cu. ft. of this gas pouring-out each minute from the natural strata into the mine-workings. It would, indeed, be strange if this great outflow of gas were always constant, and it creates no surprise that such earth-breathings, as they may be called, are spasmodic and irregular in their wane and flow. There are other causes that act to vary the gaseous condition of mine-air. Gas has a tendency, often very manifest in mine-workings and airways, to stratify and, at times, to travel long distances in veins or streams. It is common to catch and lose the gas in the lamp when making a test. At times two lamps, held side by side in an air current, will indicate different gaseous conditions of the passing air. When testing for gas, the lamp may suddenly fill with flame, in a mine-chamber, where a moment before a careful test showed the presence of but 1 per cent. of gas. It is sometimes remarked that there is little need of detecting a smaller percentage of gas than is revealed by the common

Jan 1, 1906

By M. E. Lombardi

IN comparison with the mining industry the petroleum industry is new and inexperienced, and until now it might have been called the fortunate industry. Its great good fortune consisted in two things; a bountiful supply hidden by nature in the rocks of the earth, and a steady and large increase, during the past twenty-five years, in the demand for petroleum products. It is a remarkable fact that consumption of gasoline in the United States has shown an increase every year since automobiles first became important, and even in 1930 there was a four per cent increase, in spite of the universal depression; the estimated increase if the times had been normal, was ten per cent. This industry has, therefore, not passed

Jan 1, 1931