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With the signing of the armistice on Nov. 11, the direction of the main concentration of effort of the United States was changed. In order to win the war, all industrial efforts had to be organized and centralized. With the war won and peace in sight, this centralization of effort stopped and the full play of individual initiative was allowed to resume its sway in the community. During this period of reversal of direction of effort, there was a natural loss of momentum and the United States, as well as the rest of the world, is in for a period of readjustment. The immense progress that was made in one direction under the stress of the necessities of war, which focused the energies of a nation in one direction, is an outstanding example of what can be accomplished if a community with many varying interests can be united on one objective which it desires to attain. The realization that the fusing of many interests into one stream of effort is difficult should not prevent us from taking the long view ahead that is necessary in order to be able to measure the progress made. If we don't have a mountain peak to guide us, we are very likely to run in circles in the plain without reaching the goal to which we strive. The most efficient development of natural resources is an ideal that, from a material point of view, appeals to the engineer. This ideal includes giving of opportunities to everyone to take a share in the development of these resources.. It also contemplates rewarding foresight

Jan 4, 1919

By G. Sachs, S. I. Liu

INTRODUCTION IN a previous investigation on the effects of repeated strains of large magnitude on the aluminum alloy 24ST, it was found that the reduction in ductility by straining in tension was partially restored by a subsequent compression.&apos; As illustrated by the dashed line in, Fig I,§ the ductility (EF) retained after prestraining in tension by a certain amount (EI) and measured in a subsequent tension test is represented by a straight line sloping down under 45°. If a compression of the same magnitude as the first tension is inserted (E2 - EI) between prestraining and final testing in tension, such a "balanced" tension-compression cycle yields a ductility considerably higher than that present after prestraining in tension only. . The results of these tests can be correlated with those of an investigation on the effects of prestraining in compression.2 As also shown in Fig I, the ductility in subsequent tensile tests decreased with compression, at a rate considerably slower than that after prestraining in tension. The above discussed testing conditions can be considered as special cases of a general straining cycle, consisting of first, straining in tension by an amount E1, subsequently straining in compression by an amount E2, and finally determining the retained ductility, Ef, in a tensile test. Prestraining in tension is then represented by E1 > o and E2 = o. Prestraining in compression is given by E1 = o and e2 < o. Balanced cyclic straining is defined. by the condition E1 > o and E2 = -El. In order to obtain further information on the effects of straining cycles consisting of tension and subsequent compression, further tests were made, varying both the tension strain, E1, and the compression strain, E2, within extreme limits; El varied between 0.06 and 0.28 and E2 between -0.008 and -0.60 approximately. Apparently, such tests have not been previously performed. They revealed phenomena which have not been recognized to date. The results of the investigation are herewith reported, without attempting to correlate them with internal processes within the metal structure. However, in order to assist in an analysis of this type, the results have been represented in various manners. In addition, further test data on the effects of prestraining by compression were provided by using specimens of various contours (notched specimens) in the subsequent tensile tests.

Jan 1, 1948

By V. R. Degner

The trend in both the metallic and nonmetallic mining industry is toward processing increasingly higher tonnages of lower grade ores, thereby resulting in a growing interest in progressively larger volume individual machines in the flotation circuit. Because of the relatively high cost of large flotation machine development and evaluation, it is important to establish a rational basis by which the existing smaller flotation machine experience can be extrapolated to establish the configuration of the next larger family of flotation machines with a minimum of development modification in the field. This Paper reviews the R&D approach used in translating smaller flotation machine experience to the configuration of a 28.3 m3 (1000 cu ft) induced air machine. Internal cell hydrodynamic principles, which governed this extrapolation, and cell (liquid) surface and froth management considerations will be reviewed, and prototype machine mill tests will be summarized.

Jan 1, 1981

By Edward Thomas

THE late George S. Rice was active in the investigation of bumps, particularly in the last ten years of his career as chief mining engineer of the U. S. Bureau of Mines. Since most of his investigation was carried out in Great Britain, continental Europe, and-to a lesser extent-Canada, his thinking on prevention was influenced considerably by the experience of those countries. It is not surprising, therefore, that when he was called upon a few years before his retirement to investigate bumps in the U. S. and suggest ways to prevent them, he turned to longwall mining. A longwall method had been most successful in combating the bump hazard in mining coal under deep cover, especially in Great Britain, but the prevailing method there at the time was advancing longwall mining, which he knew was uneconomical under U. S. mining conditions. For this reason he proposed a modified retreating longwall system that he believed included the best features of the advancing method. As brought out by Rice,1 if the cover is 2000 ft and 50 pct of the coal is extracted, the static load on the remaining pillars will be about 4000 psi, which exceeds the ultimate crushing strength2 in most instances. If the pillar coal is overloaded before a pillar line is established, then the abutment zone preceding a line of extraction is no place to split pillars or extract them by any method other than an open-end system. Rice therefore advocated open-end mining, preferably by longwall, but he was willing to compromise with long-face mining if the longwall method was not acceptable.

Jan 8, 1958

By Herbert Kynor

BY THE term mechanical mining is meant that operation, or series of operations, that replace the hand methods of mining. The first undercutting machine to operate in anthracite was placed in the Butler mine of the Hillside Coal & Iron Co., Dec. 23, 1910, by the Sullivan Machinery Co. The first Jackhamer used in the anthracite field was installed at the Wadesville colliery of the Philadelphia & Reading Coal & Iron Co. in Oct., 1912, by the Ingersoll-Rand Co. The first longwall conveyor was installed at the Dodge mines of the Delaware, Lackawanna, & Western Coal Co. in March, 1912. The first mechanical scraper equipment was installed in the Seneca mines of the Lehigh Valley Coal Co. in January, 1914. The amount of anthracite mechanically mined since the first mining machine was installed in 1910a is as follows: PENNA. COAL Co. D. L. & W., SCRANTON TEMPLE HUDSON YEAR AND HILL- TONS COAL Co., COAL CO., COAL CO., TOTAL. SIDE COAL TONS TONS TONS TONS AND IRON, TONS 1920 372,737b 367,000d 322,892 74,127 371,878 1,508,634 1919 950,786 no record 306,616 81,575 319,356 1,658,333c 1918 917,778 744,966 24,880 44,756 288,781 2,021,161 1917 757,940 838,800 5,050 57,279 164,180 1,823,249 1916 286,780 860,663 13,960 114,173 101,475 1,377,051 1915 428,819 592,169 8,253 1,029,241 1914 219,188 153,896 373,084 1913 171,505 171,505 1912 124,267 124,267 1911 40,319 40,319 1910 1,184 1,184 a. A slightly greater production than shown was obtained as the tonnage from individual operations is not shown. b. Decrease due to strike conditions in 1920. c. Does not include tonnage of D., L., & W. d. D., L., & W. decrease in 1920 due to having less mining machines in operation. There are about 150 undercutters in use in the anthracite region, 80 mechanical loaders, and 10 longwall conveyors.

Jan 9, 1921

NEW MEMBERS The following list comprises the names of those persons who became members during the period of May 10, 1918, to June 10, 1918. ABEEL, GEORGE H., JR., Cons. Min. Engr., .4111 Lafayette Ave., St. Louis, Mo. ALLEN, CARL A Metal Min. Engr., U. S. Bureau of Mines, Butte, Mont. BECKER P. FRANK Engr., Lightner Min. Co., 35 Nassau St., New York, N. Y. BOCK, JAMES H., Steam Shovel Foreman, Chino Copper Co., Santa Rita, N. M. CARRON, FRANK X., Civ. and Min. Engr Rock Springs, Wyo. CROWE, THOMAS B., Mill Supt., Portland Mill, Portland Gold Min. Co., Victor, Colo. DOBSON, PERCY GRENSIDE, Min. Engr. and Geol., Crow&apos;s Nest Pass Coal Co., Fernie B. C., Canada. ESTABROOK, W. H., Capt., 3d Bat. 20th Engineers, A. E. F., Care postmaster, N.Y. FRASER, 0. B. J., Engr., International Nickel Co. of Canada, Ltd., Port Colborne, Ont., Canada. GARRIDO,. MANUEL F., Min. Engr 109 W. Myrtle St., San Antonio, Tex. GRODSKY, VLADIMIR ALEXANDROVITCH, Cons. Engr., Motor Products Corpn., Detroit, Mich.

Jan 7, 1918

THE Woman&apos;s Auxiliary now has its own publica-tion, a monthly news letter that is mailed direct to all its members. It is a lively and readable sheet. Any member of the Auxiliary failing to receive it should communicate with Mrs. J. E. Johnson, Jr., 49 Church Lane, Scarsdale, N. Y., and get on the mailing list. The detailed reports of the meetings will hereafter ap-pear in the News Letter rather than in MINING AND METALLURGY. The regular Board meeting held on March 3, with Mrs. Barron presiding, was well attended and the re-ports of the committees, and from local sections, showed a keen interest in the work. of the organization. Steps are being taken to endow a "Mary Young Westervelt Scholarship," libraries are being built up in mining towns, and interesting reunions .are being held by the members in the various local sections. The Auxiliary is filling an important place and doing it well. Women of the families of Institute members not already affili-ated with it would find it pleasant to get in touch.

Jan 4, 1927

Executive Committee, Board of Directors C E Reistle, Jr, Chairman, H DeWitt Smith, Vice-Chairman, T B Counselman, Grover Holt, A W Thornton Finance Committee, Board of Directors Andrew Fletcher, Chairman, R B Caples, C R Dodson Investments Erle V Daveler, &apos;57, Chairman, Henry Krumb, &apos;59, John E Warren, &apos;57, G F Moulton, ex officio as Treasurer, Andrew Fletcher, ex officio as Chairman, Fi¬nance Committee Endowment W W Mein, Jr, Chairman, N G Alford, E V Daveler, W J Coulter, J V N Dorr, R B Gilmore, J B Haffner, 0 H Johnson, Henry Krumb, D H McLaughlin, J R McMillan, J B Morrow, L F Reinartz, Wilfred Sykes, C E Weed Honorary Memberships Andrew Fletcher, Chairman, L F Reinartz and H DeWitt Smith, ex officio as Past Presidents, C E Reistle, Jr , ex officio as President, M L Rai¬der, &apos;60, Henry Krumb, &apos;58, D H McLaughlin, &apos;57, P D Merica, &apos;59

Jan 1, 1956

By E. A. Gulbransen, J. W. Hickman

INTRODUCTION DURING the past two decades considerable progress has been made in the art of manufacturing heater alloys. The conventional iron-chromium-nickel alloys have been improved by the addition of small quantities of other elements. Up to the present time, to our knowledge, there has not appeared a systematic study of these alloys where the newer tools of investigation have been brought to bear on the problem. It is not yet clear what roles the additional elements play in increasing life time in usage. As a first approximation one might guess that elements such as manganese, silicon, zirconium, calcium and aluminum would aid in the formation of a protective film on the alloy surface, thus retarding the oxidation rate and increasing lifetime. If these additional elements do form protective oxides in the outer surface of the oxide film, it may be possible to identify them by means of reflection electron diffraction. It is also possible that the additional elements may not diffuse to the surface but may remain at the interface between the oxide and the metal. Then, too, the major elements in the alloys undoubtedly form oxides which are stratified on the surface. If the minor elements concentrate in a layer in contact with the substrate where they undergo oxidation and if this oxide film offers resistance to the diffusion of iron, chromium and nickel ions, then the lifetime of the heater element might be expected to increase. It is also possible that preferential reduction in the diffusion rates of the several ions may occur to such a degree that oxides may form in the body of the film and on the outer surface which are different from those that would normally form if the additional elements were not present. The use of transmisson electron diffraction may aid us in interpreting these phenomena. Up to the present time all of the factors which influence the lifetime of a given heater element are not definitely known. Among these are: (I) The rate of oxidation of the alloy. This may be dependent upon the composition and the physical state of the alloy. (2) The stability of the structure of the coating which forms. Transitions from one structure to another or solid phase reactions resulting in a change of composition may occur. The tendency of the film to adhere to the substrate when heated and cooled successively will be important. (3) The evaporation of various constituents from the alloy such as the removal of carbon by oxygen in a decarburization reaction. With these possibilities in view, an electron diffraction study of the oxides occurring on six different nickel-chromium alloys was undertaken with the hope that the results of this study could be correlated with oxidation rate studies as determined by means of the vacuum microbalance method1 and with

Jan 1, 1948

By W. T. lsbell

HERCULANEUM, MO., about thirty miles south of St. Louis on the Mississippi River, is the site of the lead smelter of the St. Joseph Lead Co. The lead concentrates come by rail from the Flat River district and from three properties in Madison County, Missouri; from the Balmat division in St. Lawrence County, New York; a small tonnage from the Tri-State district; and occasionally from the Aguilar property in Argentina. The average grade is 67 to 68 percent lead and 1 to 3 oz of silver. The bulk of the material is flotation concentrate, with some gravity or table concentrate. No secondary metals, outside drosses, or any materials high in bismuth, arsenic, or antimony are treated. All concentrate is received in box-caps and is unloaded directly from a trestle into the concentrate bins at the roaster plant. Flux, coke, and any miscellaneous lead-bearing material is either unloaded directly into bins or unloaded with a locomotive crane. All moving and switching of cars is done with two thirty-ton steam locomotives. Shipping facilities for the plant are provided by the Missouri-Illinois Railroad. Water for the plant and for fire protection is obtained from a dam built in a near-by creek. Drinking water both for plant and town is obtained from

Jan 1, 1947

(The following list contains the names of those members of the Institute of whose connection with military service we have only recently become acquainted; it also includes the names of a few who have recently been promoted or transferred, indicated by a *. A complete list was published in the Year Book, issued as a supplement of the Bulletin for March, 1918.) *AMBLER, HARRY A., 1st Lieutenant, 0. R. C., 30th Infantry, A. E. F. BAKER, R. F., Private, Intelligence Section, Headquarters 90th Division. *BARTON, L. A., Captain, 604th Engineers. *BATTEN, H. L., Lieutenant, Canadian Engineers, C. E. F. *BENSEL, J. A., Major, U. S. Reserves. BIRKETT, HOWARD, Lieutenant, Aviation, U. S. Signal Corps. BLOOMFIELD, E. C., Lieutenant, 1st Canadian Tunnelling Co. BOOTH, L. E., Watertown Arsenal, Det. E. 0. C., N. A., Watertown, Mass. *BOWMAN, REGINALD G., 1st Lieutenant, Engineers, U. S. R., Int. Ord. Dept. No. 4, A. E. F. *BRADLEY, CLARENCE I., Convois Automobile Section 585,. S. S. U., P. A. R., B. C. M.

Jan 7, 1918

C. H. MATHEWSON, Chairman SAM TOUR, Past-chairman W. A. SCHEUCH, Vice-chairman T. S. FULLER, Vice-chairman W. M. CORSE, Secretary-Treasurer 810 Eighteenth St., N. W. Washington, D. C. Executive Committee J. L. CHRISTIE ARTHUR PHILLIPS E. H. Dix, JR. GUY C. RIDDELL W. M. PRIRCE J. WALTER SCOTT&apos; A. J. PHILLIPS&apos; H. M. WILLIAMS EL M. WISE

Jan 1, 1932

The University of Chicago Press, 5750 Ellis Ave , Chicago, Ill This Press publishes books on a wide variety of subjects of scientific interest, as well as several journals Only a few books on geology have been published, however, and the Journal of Geology. The Journal of Geology: A semiquarterly standard American publication in the geological field. $6 per year, single copies, $1, back numbers, within the past five years, $6 per volume Books on geology: The origin of the earth, by T. C Chamberlin, $2 50, Two solar families, by T. C Chamberlin, $2 50, Quantitative classification of igneous rocks, by W. Cross, J. Iddings, L V Pirsson and H. S Washington, $1.75; Studies in minor folds, by C. E. Decker, $1 50; An introduction to the study of ore deposits, by F. H Hatch, $3, A descriptive petrography of the igneous rocks, by A. Johannsen, $4 50, Essentials for the microscopical determination of rock¬forming minerals and rocks, by A. Johannsen (revised ed ) $3, Outlines of geologic history, with special reference to North America, edited by R D. Salisbury, 8150

Jan 1, 1933

By B. I. Routh

A STUDY of the effects of temperature on the gel strength of drilling muds is a natural outgrowth of the present era of deep drilling. The control of the gel solids&apos; is now considered important because it affects the wall-building qualities; the suspension of weighting material; the removal and release of sand, cuttings, and gas; and the control of cav-ing formations. With regard to the effect of temperature on gel strengths Herrick2 states: "Temperature variation within ordinary limits does not have much effect on yield points." Lewis, Squires and Thompson3 investi-gated one clay and found no marked change with temperature in either yield point or mobility. Reed4 found that potassium bentonite showed a great increase of gelation with increase in temperature and qualitatively there occurred a marked increase in viscosity upon heating. The apparatus used in these experiments consisted of a Stormer viscosimeter, Marsh funnel viscosimeter, rectangular and cylindrical shearometers, Mudwate hydrometer, and other minor laboratory equip-ment. The various methods of measuring viscosity and gel strength have been extensively described by Evans and Reid.5

Jan 1, 1938

By Leroy A. Palmer

All the domestic production of magnesite during 1925 came from two states, California and Washington. Of a total of 120,660 tons of crude ore, 64,600 tons, or 54 per cent., were produced in California.&apos; Of this quantity California produced about 99 per cent. of the caustic calcined, but only 10 per cent. of the dead-burned. The largest producer was C. S. Maltby, of San Francisco, who operated the Red Mountain mine, in Santa Clara County, and the Sampson mine, in San Benito County, under lease. These two mines have been studied by the author, and offer interesting comparisons as to mining and treatment methods and final products. Geology The general geology of the magnesite deposits of California has been described by Hess,2 Bain3 and others4 and although a detailed discussion is not necessary here, a brief summary will assist in understanding mining conditions. California magnesite, when comparatively pure, is usually a white, fine-grained rock, with a conchoidal fracture, occurring in veins and lense-like masses in serpentine. The veins vary considerably in width, and usually occur in a series of more or less parallel veins intersected by other series or systems of veins, probably following original or secondary fissures in the enclosing serpentine. The most generally accepted theory of origin is that the magnesite was formed by the action of surface waters charged with CO2 percolating downward through fissures and changing the magnesium silicates of the serpentine into magnesium carbonate.

Jan 1, 1927

I. PRESIDING OFFICERS. At all Business meetings of the Institute the President, or, in his absence, the Vice-President, or, in the absence of both of them, any other member of the Board of Directors to be chosen by the meeting, shall preside. At all other meetings of the Institute the President of the Council or, in his absence, one of the Vice-Presidents, if present, shall preside II. ORDER OF BUSINESS. At each Business meeting of the Institute the order of business shall be as follows 1. Reading of minutes of preceding meeting. 2 Report of the President. 3. Report of the Treasurer. 4. Report of the Secretary. 5. Election of Directors. 6. Election of Members of the Council. 7. Reports of Standing Committees. 8. Reports of Special Committees. 9. Special Orders 10. Miscellaneous business. This order of business may be changed by a vote of a majority of the Members and Associates present in person or by proxy. The usual parliamentary rules shall govern all meetings of the Institute except in cases otherwise provided by the Constitution or the By-Laws. At all sessions of the Institute other than business meetings, the order of proceedings and the time of adjournment, shall rest in the discretion of the presiding officer

Jan 1, 1923

By AIME AIME

YALE UNIVERSITY looked like a top-notch school to "Bert" Phillips in spite of the belief that the college in the home town sometimes looks less attractive than a more distant campus. So Bert, a native of New Haven, earned his B.S., M.S., and Ph.D. degrees from Yale. Immediately after Yale days lie served as metallurgist of the Scovill Manufacturing Co., Waterbury, and then went to the Central Research Laboratories of the American Smelting and Refining Co. at Maurer, N. J., where since 1931 he has been superintendent of research. Bert has contributed to metallurgical literature many reports of studies on the constitution and the physical, metallurgy of copper and copper alloys as well as papers on general nonferrous physical metallurgy.

Jan 1, 1938

By M. J. Spendlove, H. W. St. Clair

An automatic surface-follower mechanism was used to measure the surface temperature and the rate of evaporation of molten zinc while undergoing distillation at low pressure. At pressures of 50 to 100 microns Hg, the rate of evaporation may be 60 to 80 pct of the theoretical maximum corresponding to the measured temperature. The rate decreases rapidly at pressures above 100 microns Hg, to only 7 pct of the theoretical maximum at 2000 microns Hg. Measured temperature gradients at the surface are in agreement with theoretical gradients calculated from the heat of vaporization, rate of evaporation, and thermal conductivity of molten zinc. THIS paper covers a series of careful measurements of the rate of evaporation of molten zinc at low pressures, undertaken as a part of a general investigation on the separation of metals by distillation.&apos; Preliminary results on the rate of evaporation of zinc were described in a previous publication.&apos; The results of the preliminary study are as follows: 1—The observed rates of evaporation of zinc were as high as 0.60 g per sq cm per min, corresponding to 75 pct of the maximum rate as determined by the temperature of the metal. 2—The evaporation rate was decreased from 0.30 g per sq cm per min at a pressure of 25 microns to only 0.09 g per sq cm per min when the pressure was increased to 5 mm. 3—The temperature of the surface during rapid evaporation may be 35" to 100°C less than the main mass of metal. Observed temperature gradients at the surface are consistent with those calculated from the heat of vaporization and the thermal conductivity of liquid zinc. In the preliminary experiments, the rate of evaporation was determined from the loss in weight of the metal in the crucible during the test. This was compared with the weight of the condensate. Obviously, this method was subject to error because of some uncertainty as to the period of evaporation that should correspond to the loss in weight. Furthermore, this method did not permit taking into account probable variations in the rate of evaporation during the test. A more serious shortcoming was that the temperature at the evaporating surface was not known, so the maximum theoretical rate of evaporation could not be calculated accurately. To improve the precision of rate measurements and to allow accurate measurements of the surface temperature, a refined experimental technique was developed whereby the temperature and position of the surface could be measured accurately. This was done by an automatic surface-follower mechanism that gave a continuous record of the surface temperature and the amount of zinc evaporated. These data permitted an instantaneous determination of the actual rate of evaporation and the surface temperature throughout the test. Pure zinc (99.99 pct Zn) was used in all experiments. Description of Distillation Furnace The details of construction of the distillation furnace are shown in Fig. l. The furnace is enclosed in a large quartz tube open at one end. The open end of the quartz tube is sealed by means of a water-cooled head. The entire enclosure is vacuum tight. The connection between the water-cooled head and the quartz tube is sealed by means of a rubber gasket which fits tightly against the smooth end of the tube. The metal is heated by induced current set up in the molten zinc and the walls of the graphite crucible by means of a water-cooled induction coil outside the quartz tube. High frequency current is passed through the induction coil from a 6 kw mer-

Jan 1, 1952

By F. R. Brotzen, A. R. Troiano, E. L. Harmon

Precipitation processes leading to drastic property changes are a frequent occurrence in titanium alloys containing large amounts of the retained high temperature P phase. In order to establish the kinetics and nature of these precipitation processes, a series of Ti-V alloys was studied. Time-temperature-transformation diqgrams were obtained for 12.5 and 15 pct V-Ti alloys. These diagrams consisted of two intersecting C-shaped curves: one in the high temperature region for the euilibrium transformation P +u+P, and another at lower temperatures depicting the formation of the meta-stable transition phase, o. Presence of the transition phase retarded the precipitation of the equilibrium a phase. Deformation of retained P resulted in the formation of the o phase. Reversion and retrogression phenomena of the transition phase were observed. A negative temperature coefficient of resistance was found in quenched alloys containing from 15 to 20 pct V. CERTAIN titanium-base alloys can be heat treated to produce appreciable changes in properties. For example, remarkably high hardness values may be obtained by aging or isothermal quenching treatments. Most of the information available to date on the hardening of titanium-base alloys has been systematized recently in an article by L. D. Jaffe.&apos; It was pointed out by that author that the hardening was the result of the decomposition of the retained j3 phase to the equilibrium constituents, a and p, and that this decomposition had many of the characteristics of an age-hardening reaction. Recent work by Frost et al.&apos; 3 has contributed much to the fundamental understanding of the hardening mechanism in titanium-base systems. These authors established the presence of a transition phase in the transformation from j3 to a + j3, which they designated o. The transition phase, in their opinion, was at least partially responsible for the hardening and embrittling effects which accompanied low temperature aging. The present investigation of the mechanism and kinetics of the hardening reaction was carried out for the Ti-V system. Ti-V alloys were ideally suited for a study of the decomposition of j3, since age hardening was known to occur readily in this system." Moreover, no intermetallic compounds occur in this system, Fig. 1, thus simplifying the interpretation of the results. Material and Procedure Alloys containing 12.5 and 15 pct V were prepared by Battelle Memorial Institute from iodide titanium furnished by Watertown Arsenal and vanadium of 99.8 pct purity. Ingots of 8 Ib each were prepared by arc melting in an inert atmosphere with a tungsten electrode and water-cooled copper crucible. Each of the ingots was melted once, forged at 1600°, and rolled at 1400°F. Following this, the ingots were remelted, forged, and then rolled to % in. sq bars, which were subsequently grit blasted, pickled, and wire brushed. Another set of alloys containing nominally 17.5 and 20 pct V was produced by the Research Div., New York University. These alloys were arc melted in an inert atmosphere in lots of 20 g each. Heat-Treating Procedure: Whenever feasible, specimens were heat treated in high vacuum resistance furnaces at pressures below 5x10." mm of Hg. Aging and isothermal quenching treatments were generally carried out in salt baths. Specimens were not attacked by the salt, provided the tempera-

Jan 1, 1956

By H. J. Struth

In these trying times of proration and low oil prices, it is decidedly necessary for all branches of the petroleum industry to accord full recognition to the economic phenomena that contribute to its varying state of welfare. Perhaps no other single factor has a more important bearing upon the general oil situation than the supply and demand of gasoline. Year after year, the records have shown that the degree of prosperity or depression accompanying the industry&apos;s developments has been to a large extent influenced by the degree of balance maintamed between the supply and demand of gasoline. More and more it is being realized within the industry that equilibrium between the supply and demand of gasoline forms the basic structure of crude and product market values and, consequently, the deciding factor in the financial results of the industry as a whole. The influence of the gasoline situation upon the market and financial structure of the petroleum industry was effectively demonstrated during 1930, when excess accumulation of gasoline undermined not only the refined oil market but the crude market as well. In fact, it was a top-heavy gasoline situation that defeated the realization of benefits that might have accrued from an otherwise favorable statistical position in the producing branch of the industry. Indicative of this is the fact that crude oil production was curtailed to the extent of 98,323,000 bbl. last year, while refinery runs to stills were maintained at an excessive rate until late in the year, creating an excess gasoline production of 6,663,000 bbl. above actual requirements. Nevertheless, the movement to curtail refinery operations during the closing months of the year prevented a far worse situation, although it came too late to turn the ebbing momentum of the general oil market. Despite the severe depression of the market values that accompanied 1930 developments, it can be said that the results attained during the closing months of the year, in the direction of production control, marked a decisive turn in the industry&apos;s economic affairs. In fact, a review of the oil situation from every angle points definitely to a better general understanding and recognition of the workings of the economic law of supply and demand. As a result, the year closed with crude production in

Jan 1, 1931