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By Anthony Anable, J. V. N. Dorr

When separate treatment of sand and slime by cyanidation was the rule rather than the exception, as now, and when gravity concentration, rather than flotation, was the accepted method of dressing copper, lead, zinc and other base ores, classification was a separate step in ore treatment. Today, however, the picture is much different. The trend toward all-slime treatment in cyanidation and flotation has made fine closed-circuit grinding essential, and the mechanical classifier is of equal importance with the mill in the preparation of an ore for its treatment. Actually, a mill and classifier are a unit, a variation in either affecting the desired results. In developing this thesis—the mutual interdependence of the rotary mill and the classifier in modern fine-grinding practice—it would be well to consider first the different types of classifiers and mills in use today, their scope and limitations and the factors governing their selection. From such a basis as this a logical approach may be made to modern closed-circuit fine grinding, the evolution of multiple-stage grinding practice, the relation of the classifier to the mill and, finally, the trend to higher and higher circulating sand loads in the mill-classifier circuit. Such data as are germane to the subject will be given to support the thesis advanced. Mechanical Classifiers Theory.—Stokes' law, applicable to the uniform slow motion of a rigid sphere in a viscous fluid of infinite extent, states that the velocity of a particle settling under the influence of gravity is a function of the square of its radius: _ 2 g(ds - de)?2 v =9 S Where V = velocity of particle in cm. per see. g8, acceleration due to gravity d8, density of particle de, density of fluid ? = radius of particle S = viscosity of fluid

Jan 1, 1935

By John L. Burns

The object of this chapter is to present data concerning the effect of the introduction of relatively slight amounts of carbon and nitrogen into supersaturated solution in iron. The study is confined to the alpha temperature range of both the Fe-C and Fe-N systems. The age-hardening characteristics of these two systems are considered. These data are compared to those of other age-hardening alloy systems and a "classification" is essayed. A.—Relation of Lattice Parameter and Electrical Conductivity to Changes in Physical Properties Due to Aging of Fe-C Alloys Since Whiteleyl in 1927 showed that some of the iron carbide that is normally present in slowly cooled low carbon-iron alloys disappears on rapid cooling from just below the A, point, interest has been manifested in the possibilities of age-hardening in these alloys. Masing and Koch,~ and at the same time and independently, W. Koster,~ proved these alloys to be age-hardenable. A. A. Bates4 a little later also published an interesting paper on changes in physical properties due to the aging of low-carbon steels. Many other papers have appeared showing changes in physical properties in specific instances due to this same phenomenon.

Jan 1, 1934

By Thomas A. Hendricks

The object of this paper is to give a brief description of the coals in the different districts of Arkansas and Oklahoma, their present commercial classification, and the need for a scientific classification that shall be more nearly in accord with their physical and chemical properties and shall place them in their proper position in a general scheme of classification. The paper is based on two seasons of field work in the Oklahoma coal field in 1930 and 1931 and on several weeks spent in visiting most of the operating mines in Arkansas in the same years. Most of the productive districts of the Arkansas-Oklahoma coal field lie in an east-west trending belt immediately north of the Ouachita Mountains, but the northwestern districts in Oklahoma trend northward toward Kansas. With the exception of the Muskogee district, where very little coal has been mined, the coal beds of the last-mentioned districts are all younger than those of the districts in the east-west trending belt. Description of the Coal by Districts Lehigh District, Oklahoma (5).1—In the Lehigh district mining has been extensive, but only three or four mines are operating at the present time. Two coal beds of workable thickness, Atoka and Lehigh, are known in this field. The greater part of the mining has been in the Lehigh, or younger bed, and all analyses available for the field have been of that coal. The Lehigh coal is very tough and blocky, the moisture and ash contents are fairly high, 6.5 and 10.7 per cent respectively, the volatile content is 39.5 per cent, fixed carbon 43.4 per cent, B.t.u. value 11,525, and the fuel ratio 1.1 (average 15 analyses). So far as the writer has been able to ascertain, laboratory attempts to coke this coal have been unsuccessful and no attempt has been made to produce coke commercially. Tulsa District, Oklahoma (l).—All commercial mining in the Tulsa district has been by stripping from the Dawson bed, and production has never been very great. The coal is blocky, contains 6.5 per cent moisture, 36.8 per cent volatile matter, 48.4 per cent fixed carbon, and 8.3 per cent

Jan 1, 1932

By J. R. Campbell

The need for standardizing methods of arriving at definite conclusions regarding the cleanability of a given coal, and for measuring the performance of coal-cleaning equipment, is constantly increasing. Earlier notes by the author on this subject are amplified in this paper, because he believes that better preparation of bituminous coal is a partial solution of the coal operators' troubles. Washability Studies The term "washability" of coal was coined when washing was the universal method of separating coal from its impurities by utilizing their difference in specific gravity. This and analogous terms are still used in their broad sense although pneumatic or air separation is now used to clean coal. These terms are so used in this paper. Too much time or money can hardly be spent on "feed surveys') to get a "picture" of the coal that is to be cleaned. There have been too many "rule of thumb" methods used. Screen analyses and "sink-and-float" tests on the raw coal enable the coal operator and washery man to predict within reasonable limits the results that may be expected from any efficient cleaning apparatus. The sizes to be examined to get the picture are optional to the investigator. In modern wet washing, the range is from 4 to 0 in. Hand-picking on properly constructed belts is perhaps the standard for cleaning above these sizes. A good picture of the coal may be obtained by the following screen analysis: 3½ to 1¼ in. 1¼ to 3½ in. ½ to 5/16 in. 5/16 in. to 14 mesh 14 to 28 mesh 28 to 48 mesh and for very complete data on the fines: 48 to 100 mesh 100 to 200 mesh and through 200 mesh

Jan 1, 1930

By George Stanley Scott

Many requests for information as to the possibility of washing coals to some predetermined percentage of ash or sulfur have suggested that the producers aim to satisfy some degree of purity set by the user of the fuel, rather than to attain the greatest economic benefit to all concerned. This paper is written to show that the highest economic purity of washed coal can be determined from washability studies of the raw coal, costs of mining and washing coal, and data on the effect of ash and sulfur on the value of the coal for the particular use for which it is intended. Coke fob Blast-fuenace Use For purposes of illustration, we take the case of coal washed for coke to be used in the iron blast furnace. The method outlined can be made general in its application by substituting for the figures used here the actual operating figures for the particular case under consideration. In general, it costs the blast-furnace operation from 8 to 25 c. per ton of pig iron to slag out each 1 per cent. of ash introduced into the blast furnace by the coke. This figure depends on which one per cent. of ash is removed, and decreases with decrease in ash. When blast furnaces and coal mines are considered as a whole, the figure decreases to zero and then becomes negative, on account of low recovery of washed coal. Various figures1 have been given by different investigators. These figures necessarily differ, not only on account of the differences in operating costs but on account of the difference in the respective fuels as well. For the purpose of this paper, which, as explained, is to point out a method of attacking a certain problem, the figures used in the exposition of the method are of secondary importance. It is apparent that no universally applicable figures can be used, because there are none. Each plant has its own coal,2 its own operating cost, and its own conditions.

Jan 1, 1930

By H. Y. Yancey, B. M. Bird

During the past four years the experimental work in coal washing carried on by the U. S. Bureau of Mines and the University of Washington has been devoted mainly to the development of special methods for the tabling of fine sizes of coals that are difficult to wash. One important outgrowth of this investigation has been the application of hindered-settling classification to coal tabling. Although used for many years in ore dressing, the term "classification" as used here may be new to many readers. It may be defined as the separation obtained when a bed of particles is held in a uniform state of suspension in an upward current of water, either continuous or pulsating, just sufficiently strong to keep the bed in a mobile condition. A common example of this type of separation is a jig in which there is no suction stroke. When the hindered-settling classifier is used with the coal-washing table, the fine-size raw coal, instead of being fed direct to tables, as is the prevailing practice, is first fed to the classifier and grouped, according to the rate of settling against the upward current of water, into perhaps six separate products. After dewatering, each of these except the sixth, a refuse product, is elevated to a seperate feed bin arid washed on a separate table. This paper gives a brief discussion of the basis for the use of hindered-settling classification of a table feed; a description of the experimental work; a comparison of the results obtained with and without classification; and a discussion of the application of the classifier in commercial coal washing. Basis for Use oF Hindered-settling Classification of Table Feed Although theoretical reasoning might be used to justify treating a table feed by hindered-settling classification,l the simplest method of demonstrating the need of such a step before tabling is to show the

Jan 1, 1930

By H. Y. Yancey, B. M. Bird

One of the problems studied by the U. S. Bureau of Mines in cooperation with the University of Washington has been the re-treatment of table middlings. Hydraulic classification has given the best results. Instead of using the classifier to prepare the feed to the tables, as has been the practice for many years in ore dressing, it is used to separate part of a middling product that cannot be re-treated successfully on the table. Middlings are desirable in a table plant because the separation according to specific gravity is incomplete; that is, in the products of the table there is always an overlapping of free particles of coal and refuse that can be distinguished with heavy liquids such as are used in the float-and-sink test. The causes of this overlapping may be divided into two groups, those outside the table separation itself and those inherent in the table separation. The first of these groups includes, among other causes, the following: (1) poor adjustments of the table, (2) overloading or underloading the table, (3) irregularities in the quantity and quality of the feed, (4) irregularities in the power and water supply, and (5) a vertical dancing motion of the table deck due to weak foundations. These causes of overlapping are largely unnecessary in a properly designed and constructed plant; but whenever they are present they materially affect the character of the middling product, and hence the problem of re-treatment. The other group includes three additional causes: (6) small differences in specific gravity between coal and impurities, (7) a size-specific-gravity relationship of the coal and refuse particles in the table feed such that the sizing action of the table opposes the separation according to the specific gravity, and (8) shapes of particles that prevent a separation. The sixth, small differences in specific gravity, may be a very important reason for an incomplete separation. The change in specific gravity from coal to shale is always gradual and the designation of one part as coal and another part as refuse is arbitrary. If some specific gravity, such as 1.45, is chosen as the dividing point between washed coal and refuse,

Jan 1, 1930

By C. C. Furnas, T. L. Joseph

It is well known that particles of different sizes are not distributed evenly throughout the average charge in an iron blast furnace. Just how great the disparity in particle size in different parts of a single plane in a furnace may be is indicated by the results of some recent investiga-tion1,2 conducted by the Bureau of Mines on a furnace operating on Lake ores. The wide variations found in gas velocity, gas composition, and temperature from the periphery to the center of the upper charge column were caused by the great variation in particle size of the raw materials used and were also greatly influenced by the methods of charging. This paper summarizes the results of an investigation of the influence of different methods of charging and of the treatment of raw materials upon the size distribution of the solid particles in the blast furnace. A more complete report will appear later as a Bureau of Mines technical paper. Importance of Gas-solid Contact One of the authors has pointed out in a previous report? that the operation of the blast-furnace process is entirely dependent on contact between the gas stream and the solid particles in the stock. The gas stream carries the necessary heat as well as the carbon monoxide molecules that do the work of rednction. In the parts of the furnace in which there is little or no contact between the gas stream and the solids there can be little work of reduction. Obviously, the part of the apparatus that is not doing the work for which it is intended is inefficient; the ideal condition is one in which all portions of the stock column are

Jan 1, 1929

By Charles Hart

In this paper it is the author's intention to show the extent and character of foreign ores now known to be available; these deposits may be in active production or held in reserve until economic conditions may make them active. He hopes to show the relation existing between these ores and the American supply, and which of the former are now producing or will in turn come into production when our better ores have been exhausted. This phase of this discussion must of necessity include some data as to the present rate of consumption and a study of the changes we may expect here and abroad in the general steel trade and its sources of supply in raw materials. It is obvious that the occurrence of coal, ore and limestone in relation to one another and the proximity of a market are the elements in control of this feature of the problem. If the foregoing situation is favorable, all the other questions may be solved, for it is clear that with proper basic conditions finance, labor and operations will fall in line. We present a short outline of the present methods of carrying on the foreign iron ore trade, believing that it is of general interest in comparison with our own highly specialized methods, and that with the exhaustion of our better ores we will be compelled to seek a part of our supply abroad. A partial list of iron ores, with incomplete analyses (Table I), is added, to give a better understanding of the general situation and explain to some extent the reason for things being as they are in the iron and steel trade of the world and to help in bringing this paper to an informing conclusion. The question of the world supply of iron ores has been a subject for study on the part of geologists and engineers for many years, and found its best results in the Eleventh International Geological Congress, appropriately held at Stockholm, Sweden, in 1910. The proceedings are published in two volumes and are undoubtedly the best records available on this subject at the date of publication. It should be borne in mind, however, that much has happened in the 20 years since these figures were assembled. There is just as much known ore at present as at that time, minus the quantity consumed, plus newly discovered reserves. The World War had great effect upon this situation; during that time explorations were greatly reduced and the settlements after the

Jan 1, 1929

By G. M. Schwarz

There has been considerable controversy regarding the structure and mineral constituents produced when iron ore is sintered. This investigation was undertaken in order to establish the fundamental reactions that take place in the sintering process by determining the nature of the resulting minerals. The writer's immediate interest in the subject arose mainly from the request of E. W. Davis for information based on a microscopic study of sinter submitted by him in May, 1926. In the author's preliminary work, samples of iron-ore sinter were secured from the Minnesota School of Mines Experiment Station and from commercial plants. These were polished by the usual methods for polishing opaque ores. In order to study these surfaces satisfactorily, it is necessary to magnify them rather highly, a range from 100 to 1000 dia. being used. For the higher magnifications oil-immersion lenses and an intense source of light are necessary. After the preliminary study had shown the problems involved, a series of small samples were sintered under carefully controlled conditions and with analyzed materials. Variations in the relative amounts of ore, coal and water were made in order to study the effect of each constituent. The attempt has been to arrive at a clearer understanding of the sintering process and the reactions involved without reference to any preconceived notion as to sinter. It is clear that the study of polished surfaces has yielded results not possible with thin sections alone. The thin sections made in this work were found unsatisfactory at magnification greater than 75, whereas magnifications of 1000 were easily studied with reflected light on carefully polished surfaces. A rather complete statement of observed facts is made so that the reader may form his own conclusions. The writer's interpretations are suggested. It is to be hoped that a more complete understanding of the structure arid composition of iron sinter, as well as the changes which go on during

Jan 1, 1929

By Carl Zapffe

The object of the Bradley process is to free manganese oxide from its associated gangue and separate the contained iron oxide by dissolving the manganese and precipitating it from the solution. This results in producing two oxides as concentrates, the one to be converted into a manganese sinter and the other into an iron sinter. The manganese sinter may be made to contain as high as 70 per cent. inanganese and as low as 1 per cent. silica, with phos'phorus not to exceed 0.02 per cent, and from that figure downward to about 0.005 per cent., and with sulfur at 0.007 per cent. The iron sinter contains about 2.50 per cent. manganese, making the total recovery of the manganese 98 per cent. The method involves selective roasting, which converts the manganese into a form in which it is soluble in an aqueous solution of ammonium sulfate, then precipitating the manganese as a hydrate by using ammonia gas, then stabilizing and washing the hydrate, followed by sintering; concurrently most of the iron oxide is converted by roasting into an insoluble form and becomes a residue with magnetic qualities, which makes possible the recovery of much of the iron in the ore. Leaching manganese by using sulfur dioxide gas was shown possiblc Inany years ago. Mr. Bradley tried it for a year, working in conjunction with the original experimenters of that method, and found that while relatively pure inanganese oxide could be produced, the likelihood of developing a commercial process along this line was not very encouraging. He also attempted leaching with nitric and sulfur acids, but the cost of recovery mounted and the quality of the product was not as good Mr. Bradley tried nearly every leaching method proposed, and the expen-ments were made on a large scale in the spacious laboratories of John C. Wiarda & Co., in Brooklyn, N. Y. Insufficient encouragement was discernible in the results obtained. Upon the suggestion of N. Arthur Laury, of John C. Wiarda & Co., Bradley undertook using arnrnoniurn sulfate. Because a high rate of recovery appeared feasible, Bradley planned the erection of a 4-ton pilot plant at the State of Minnesota Mines Experiment Station, at Minneapolis. The results of that work are described in this treatise.

Jan 1, 1929

By James Aston

Three years ago the writer presented a paper on the trend of development in the wrought iron industry,' wherein was described a process in the development of which he has been a factor, which at that time had passed through several years of progressive experimental development but which had not then been put upon a commercial scale of operation. The present paper deals with two years of observation and experience in the commercial operation of a plant by the A. M. Byers Co. at Warren, Ohio. It will not enter into the controversial field of the relative merit of wrought iron and steel in various classes of service, nor will it elaborate upon the characteristic services or fields of utility to which wrought iron is particularly adapted. It is sufficient to state that the wrought iron industry is upon a substantial basis and that the material finds service in pipe, where its advantages are in superior corrosion, fatigue, welding and threading qualities; in bar iron for staybolts, engine bolts, and rivets, demanding maximum service against corrosion and fatigue; in plates for corrosion service; and in chains, because of welding and shock-resisting characteristics. In short, ability to withstand the stresses of shock and vibration, or the ravages of corrosion, to hold protective coatings, and to give maximum efficiency in welding, are its features of relative superiority. If these features were not well recognized, the wrought iron industry would have shrunk to insignificance in the face of high costs and acknowledged limitations in manufacture. To charge that this industry is built upon a structure of assumption, psychology, and improperly weighed evidence is an impeachment of the integrity or belittling of the powers of observation of users through many centuries of service experiences. In a history which extends to prehistoric time, and which is linked up with the earliest records of ferrous products, the dominant method of manufacture, as we have known it for little over a century, occupies a very small niche in the span of years that mark production and use of wrought iron. Puddling, the outstanding manufacturing method of

Jan 1, 1929

By B. A. Rogers

The etching effect that is produced on a piece of polished iron or steel when it is heated in hydrogen or in a vacuum seems to have been observed first by Osmond,' who believed that he could distinguish four systems of grain boundaries on a piece of steel which had been heated in hydrogen. In a number of other investigations, samples of pure iron were found, after heating, to have complex networks in which two or three systems of grain boundaries could be detected. It was further noticed that samples that had been polished plane before being placed in the furnace were, after treatment, roughened and undulating over their entire surfaces. From a comparison of the temperature of heat treatment with that of the A3 transformation, it was concluded that the changed appearance of the samples was definitely related to the latter phenomenon. Certain other deductions were made but these are not of importance here and only observations on the appearance of the samples will be reviewed. Ewen2 heated a strip of polished iron in a vacuum in such a way that one end was maintained at a temperature of 1000" C. and the other at 580" C. On the cooler end there was outlined a simple polyhedral network, and at the hotter there appeared the complex systern of lines ant the undulating surface characteristic of iron which has passed through the A3 transformation. He found that in going from the cooler toward thc hotter end the sample maintained much the same character of surface up to the beginning of the transformed area, but that near this region doublc grain boundaries were of frequent occurrence. Rawdon and Scott concluded that the simple type of network brought out by heating a sample of pure iron in a vacuum was of the same type as that developec by ordinary etching methods. They also confirmed the observations of

Jan 1, 1929

By C. H. Herty

The elimination of metalloids in the open-hearth process depends on oxidation of the metal by diffusion of FeO from the slag (or absorption of FeO by the metal), with subsequent reaction between dissolved iron oxide and the metalloids carbon, manganese, phosphoms, and silicon. During an investigation on deoxidation with silicon, data on rate of oxidation of the metal were obtained, and these combined with certain other information, are presented here in an attempt to show the fundamental principles governing the diffusion of FeO from slag to metal. Inasmuch as the aim of the investigation was not a study of diffusion, certain data are lacking and it has been necessary to make assumptions on metal viscosity and effect of temperature on diffusion. These factors are known to exert a considerable effect on diffusional processes. Overoxidation, or supersaturation of the metal with iron oxide, is not taken up in this paper. Overoxidation has little effect on diffusion except under a few special conditions, and the discussion has therefore been limited to diffusional processes. Though the results given in this paper should be regarded as preliminary, certain of the conclusions drawn are definitely applicable to any steelmaking process. Previous Study of Absorption An extensive study of absorption has been made by the Department of Chemical Engineering, Massachusetts Institute of Technology. The results are of such direct interest in the problem of slag-metal reactions that it is feIt worth while to summarize them here. The following quotations are from Lewis and hitmman.1 The reader need simply substitute "slag and metal" for "gas and liquid," with proper modifications to take into account the variations in physical properties of

Jan 1, 1929

By J. J. Egan, A. B. Kinzel

Much work has been done recently in an attempt to analyze the physicochemical mechanism involved in the production of steel by the open-hearth process. This has resulted in reducing the process to a series of interrelated phenomena obeying the usual laws of mass action and diffusion. Of these, the reaction of the iron oxide and carbon in the molten steel is of most interest from a technical point of view as it constitutes the main action in the usual steelmaking processes. A. L. Feild' has formulated a basic differential equation expressing the open-hearth reactions and Herty has done considerable experimental work on the determination of a number of constants involved in the basic open-hearth reaction. In considering the application of the law of mass action to the reaction FeO + C + CO + Fe, the iron will be taken as constant, as is the case in the open hearth and the carbon monoxide pressure will be assumed constant at one atmosphere. From this xy = m at equilibrium, where x is the percentage weight of carbon, y percentage weight of iron oxide and m the weight-concentration equilibrium constant. While it is customary for physical chemists to express equilibrium constants in terms of molar concentrations, the constant is here expressed as the product of the percentage-weight concentrations for ease of comparison with the constants quoted by Herty and by Beild, and for more ready applicability to the open-hearth reactions. Herty and his associates have attempted to calculate the value of this constant from data on open-hearth heats. So many variables affect these results that an adequate calculation presents very great difficulties. A value of 4 X lop2 was first arrived at, but this was later changed to 1.6 X 10-2. Feild, in order-to illustrate the operation of the differential equation of the open hearth, has assumed a value considerably lower than Herty's, namely, 1.0 X 10-2, the largest value consistent with certain theoretical

Jan 1, 1929

By T. D. Yensen

If the question should be asked at this time: "Does pure iron have allotropic transformations?" the reply would necessarily be, "We do not know." And it is doubtful whether anybody, anywhere, is in a position to make any other reply at this time, for the simple reason that pure iron has not yet been made and tested. The nearest approach to it contains either an appreciable amount of carbon or else an appreciable amount of oxygen (a few hundredths of a per cent.). But why be con-

Jan 1, 1929

By C. H. Chou, A. Sauveur

The senior author of this paper has expressed the belief that when gamma iron transforms into alpha iron on reaching the A3 point, each gamma grain does not change bodily into one or more alpha grains but that the alpha phase forms first at the boundaries and along the crystallo-graphic planes of the austenite grains.1 To quote: On cooling through the point As, at about 900° C, iron passes from the gamma condition to a new allotropic form generally designated as alpha. This transformation, however, is not instantaneous. There are good reasons for believing that it begins at the grain boundaries and along the octahedral planes of the crystals and that it progresses until each grain of gamma iron is changed into a grain of alpha iron, the resulting structure being similar to that of gamma iron. Were it possible to retain

Jan 1, 1929

By T. B. Counselman

AfteR several years study, the Universal Atlas Cement Co. decided to rebuild its plant at Leeds, Alabama. The entire old plant, which was to operate during the new construction, was then to be scrapped with the exception of two kilns. The quarry was to be mechanized, new and larger kilns installed, with the most modern type of equipment all through the plant. Raw grinding operations at all of the Universal Atlas plants were dry. However, the dust hazard of this operation and the growing emphasis on occupational diseases made wet grinding attractive. Coal at Leeds is cheap, so that a slightly higher coal practice was unimportant. Power was cheap, so that waste-heat boilers were not desirable. Since new kilns were to be installed, these could be made long enough to make filters unnecessary. Wet raw grinding could be either the old practice of open-circuit compartment mills or closed-circuit grinding in accordance with metal-lurgical practice. The latter saved power and steel wear and saved initial investment. This had been demonstrated in cement plants. Also, the elimination of tramp oversize was a most important advantage. Ease of chemical control was another factor. Blending in the thickener, with elimination of slurry mixers had been found practicable. Therefore, if wet raw grinding were used at all, the advantages were clearly in favor of closed-circuit grinding. Detailed layouts of the most modern possible closed-circuit dry-grinding plant and of a closed-circuit wet-grinding plant were prepared, and careful estimates were made of initial investment and operating costs. Full consideration of all the factors involved resulted in a decision to install wet closed-circuit grinding. The capacity of the new kilns was established at 4000 bbl. per day. Two new kilns were installed, each with a capacity of 80 bbl. per hour. Since 625 lb. of raw material is required to make a barrel of finished cement, the capacity of the grinding plant for the new kilns had to average only 1250 tons per day. Sufficient additional grinding capacity had to be provided for the two remaining old kilns, or their possible replacement by a third new kiln. The grinding rate, therefore, was set at 90 tons per

Jan 1, 1939

By T. B. Counselman

AfteR several years study, the Universal Atlas Cement Co. decided to rebuild its plant at Leeds, Alabama. The entire old plant, which was to operate during the new construction, was then to be scrapped with the exception of two kilns. The quarry was to be mechanized, new and larger kilns installed, with the most modern type of equipment all through the plant. Raw grinding operations at all of the Universal Atlas plants were dry. However, the dust hazard of this operation and the growing emphasis on occupational diseases made wet grinding attractive. Coal at Leeds is cheap, so that a slightly higher coal practice was unimportant. Power was cheap, so that waste-heat boilers were not desirable. Since new kilns were to be installed, these could be made long enough to make filters unnecessary. Wet raw grinding could be either the old practice of open-circuit compartment mills or closed-circuit grinding in accordance with metal-lurgical practice. The latter saved power and steel wear and saved initial investment. This had been demonstrated in cement plants. Also, the elimination of tramp oversize was a most important advantage. Ease of chemical control was another factor. Blending in the thickener, with elimination of slurry mixers had been found practicable. Therefore, if wet raw grinding were used at all, the advantages were clearly in favor of closed-circuit grinding. Detailed layouts of the most modern possible closed-circuit dry-grinding plant and of a closed-circuit wet-grinding plant were prepared, and careful estimates were made of initial investment and operating costs. Full consideration of all the factors involved resulted in a decision to install wet closed-circuit grinding. The capacity of the new kilns was established at 4000 bbl. per day. Two new kilns were installed, each with a capacity of 80 bbl. per hour. Since 625 lb. of raw material is required to make a barrel of finished cement, the capacity of the grinding plant for the new kilns had to average only 1250 tons per day. Sufficient additional grinding capacity had to be provided for the two remaining old kilns, or their possible replacement by a third new kiln. The grinding rate, therefore, was set at 90 tons per

Jan 1, 1939

By W. H. Craigue

The scope of this article covers only the mathematical principles involved in discounting to present worth future expected profits and it is believed answers definitely two questions, which were raised at a recent meeting of the Committee on Methods of Valuing Coal Properties, as follows: 1. The accumulative effect of carrying charges on the value of coal mines showing definitely the number of years beyond which the coal may not be mined at a profit and subsequent to which the possession of any unmined coal will be a liability rather than an asset. 2. The effect on the valuation of coal mines, in the presence of the carrying charges described in question 1, of an increase in plant capacity and production. In general, in considering these questions, it may be stated that the consideration of an increase in plant capacity and production follows as a matter of course after a determination has been made of the year beyond which no profits are to be realized (giving the carrying charges accumulative effect, or in other words capitalizing the carrying charges, as shown hereinafter). For example, if it is determined that any coal that is unmined after 45 years will have no value or less than no value, the question immediately arises as to whether or not a plant should be constructed that would result in a yearly production great enough to extract the entire tonnage in a time less than 45 years, and if so the number of years less than 45 years that would, from a financial standpoint, be the most desirable, all under the assumption that the market for the product or the transportation facilities are such that the yearly production can be increased to the desired amount. Specifically, the carrying charge is considered herein as yearly expense, such as state or local taxes, which are assessed each year against the total tonnage remaining in the ground (or the total coal acreage remaining) at the beginning of the year, at a fixed rate per ton (or a fixed rate per acre) OF a fixed percentage of the assessed value, in the latter case it being necessary to convert such percentage into a rate per

Jan 1, 1934