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By I. N. Knapp

Introduction.—The spccial object of these notes is to describe the mixing, testing, and use of mud-ladened water for rotary drilling in such a way as to make them helpful to the driller, the operator, or the engineer in solving his own special drilling problems. The structures, apparatus and tools used are indicated in a general way. No attempt is made to describe the art of rotary drilling; only such descriptions as are necessary to make plain the use of mud are given. The information is the result of actual experience in drilling in Coastal Plain formations. The materials encountered in the wells drilled were unconsolidated sands, gravels, and clays, in which thin layers of sandstones, shell conglomerates, and shales began to appear at about 1,200 ft, in depth, although one well was drilled to 3,018 ft. without encountering any cemented or indurated materials. Unusual Conditions.—-The general surface of the ground where the drilling was done being hardly a foot above mean tide, and the daily tidal variation being about 15 in., it was found necessary to plank over the sod surface with 3-in. plank to work from. A 30 by 30 ft. planked area was sufficient to carry the derrick with equipment and 2,500 ft. of 4-in. drill pipe stacked in it. The derrick was set up 3 ft. on cribbed blocking arranged to spread the load over the planking. The engine, bailers, and pipe yard were also carried on 3-in. planking. Drilling 0utfit.—This consisted of a derrick, 20 by 20 ft. and 84 ft. high, two 35-h.p., "oil country" boilers, one double 8 1/4 by 10 in. reversible engine, two 10 by 6 by 12 in. duplex mud pumps, one 15-in. rotary, "hoisting works" with chain drive, hoisting block with line, crown block with pulleys, rotary jetting swivels, hose, complement of tools, pipes and connections, and a mud mixer, with engine. Hydraulic Rotary Drilling Method.—This method of drilling is an adaptation of Fauvelle'sl invention made in France in 1833 for drilling

Jan 1, 1915

By Richard Henry Lee

Since the economies in the blast furnace resulting from enriching iron ores are so great, much attention has been paid during the past few years to the various methods of concentrating lean ores, and, as the concentrated ore is usually of extreme fineness, various methods of agglomeration and sintering, of more or less value, have been put into operation. The resulting agglomerated concentrates are generally obtained in the form of briquettes or nodules. The briquettes naturally divide themselves into two classes: (1) those made by the mixture of some binding agent, and then formed into briquettes under great pressure; and (2) those made by sintering the concentrates, the latter either being formed into bricks before exposure to heat or the sintered mass broken into fragments afterward. Of the first class I will not speak, as they are not used on an extensive scale in this country. The second class of briquettes, or those made by sintering, are simply masses of melted or fused silicate and oxide of iron mingled with more or less silicates of aluminum, lime, and magnesia. The fact that the material in a briquette is sintered is proof positive that there are no pores in the material. There are, however, quite a number of holes of greater or less diameter through the gubstance of the briquette. They are not pores in the common acceptance of that term as applied to ores by furnacemen, as the ides of the holes and channels are fused. In reality the material is simply mill cinder. It is practically untouched by the gases in the upper part of the furnace, and the iron has to be reduced by solid carbon in the boshes and hearth. Briquettes sometimes show a little saving in fuel in the furnace over an ore mixture of large lumps, but that saving is made simply because, owing to the numerous holes and channels through the mass, the briquette is practically composed of numerous small or fine lumps, and, as is well known, the finer the

Jan 1, 1914

By L. W. Page

PrEvious to the introduction of the motor vehicle the broken stone or macadam' road met the conditions of rural horse-drawn traffic better than any other type of road, but under fast motor traffic it has been proved to be quite unsatisfactory, and necessitates high maintenance charges. Such a road depends for its success upon the fact that the rock dust fills the voids between the stones and acts as a cement or binder. Under ideal conditions it should be constructed of rock so suited to the volume and character of horse traffic that only enough fine dust is worn from the stones of which the road is composed to take the place of that carried off by wind and rain; and when these conditions are met, the fine dust resulting from the wear of traffic forms with the stone a smooth, impervious shell, shedding the surface water and protecting the foundation. With increase in the number and speed of motor vehicles, however, it was soon found that the cost of maintenance also increased, until at the present day highway engineers consider the old method of constructing and maintaining broken-stone roads increasingly inadequate, and are introducing every known type of binding material other than rock dust to cement the stone together. Among the most prominent types of products in use are those produced from our various petroleums. That the value of modern methods of road preservation was appreciated in this country much earlier than we have been accustomed to believe is demonstrated by the recent revival of an old patent which was granted to one John Martineau, of Elbridge, N. Y., in 1834. Petroleum had, of course, not been discovered at that time, but he claims as his invention and improvement "The application of tar, turpentine, or any of that class of tenacious, cohesive substances, reduced before use to a fluid state, and that state used as a cement, to apply to, and combine with sand, gravel, pebbles, and pulverized stone, such as is used for a Mc-Adam road, or cobble stone, the interstices of coarser material being in all cases filled,'as well as may be, with sand and gravel and cemented with tar or turpentine, to form the wearing face or surface of streets,

Jan 1, 1915

By H. R. Barnhurst

It would be a difficult matter to trace from the beginning the very few improvements made in the burning of fuels prior to 1860. Donbtless the crossing of the sticks of wood in building a mood fire early appealed to our savage ancestry as a means of expediting its effectiveness for their crude culinary purposes. Stones and andirons came later in assisting the admission of air to the under part of the fuel bed, while beacons and cressets, utilized metal bars as supports for the same purpose. It is probable that Tuba1 Cain owed his success to the use of bellows making possible the use of mixed fuel and charge upon a hearth. With the development of working in cast iron, grate bars came in, and they are still with us doing duty in every household and almost every art where heat is a factor. Little was done beyond these crude methods prior to 1860. With the advancement of knowledge came the fuel-gas producer, a natural child of the retorts employed in supplying illuminating gas. It is only within the last 15 years that the conclusion became general that complicated systems for saving heat would not remedy deli-. ciencies in its primary development, and within that time there has been great advancement in the means of producing initially a fire of high effciency, so that to-day we are moving rapidly toward both high development and high absorption, with the resultant of high efficiencies. In studying the subject of the availability of pulverized coal as a fuel, it may occur to ask, why has this not come up earlier? This, question would be naturally prompted by recalling the fact that Thomas Crompton's English patents upon his methods were issued to him nearly 40 years ago. A conclusive answer to this, however, is that Crompton at that time had very crude facilities for making what was at best a very imperfect pulverization of the coal, arid the expense of preparation mas very great. He does not seem to have been aware of the advantage of a thorough drying of the coal in the

Jan 1, 1914

By R. Gilman Brown

Mines are interesting by reason of what they have done for man, or of what has been done for them by nature. Not all are interesting on both scores. Many profitable mines are commonplace to the geologist; and many presenting unique gcological conditions have been sad failures commercially. The Standard group at Bodie has produced in 25 years, $14,500,000, paying $5,000,000 in dividends.' On the other hand, this output has beeu mined (almost wholly above the 1,000-ft. level) from a system of more than 100 veins, ranging in thickness from 0.5 in. of ('specimen rock" to 30 ft, of clay and quartz; distributed through a zone about 2,000 ft, in width, and representing from three to five distinct periods of formation. This group, therefore, by reason of its industrial record as well as its geological features, may fairly be regarded as doubly interesting. The Bodie district occupies an island of recent (Tertiary) hornblende-andesite, surrounded by a complex of igneous rocks and breccias. It lies at the summit of the eastern foot-hills of the Sierra Nevada mountains, and within the Great Basin, a

Jan 1, 1908

By W. Denham Verschoyle

In designing a pocket instrumeut whereby any giver1 horizontal or vertical angle may be closely approximated, the following points should be kept in view, if general utility is aimed at : 1. The instrnment should be light and compact, so that it can be carried in the pocket, or in a sling. 2. It should be capable of observing any angle whatever, horizontal or vertical. 3. Since time is often an important consideration in making a preliminary survey, it should be capable of giving the horizontal and vertical angle at one observation. I do not know of any instrunlent that will fulfill these requirements, except the one here described. Where the depression- or elevation-angle of the distant object, whose bearing is required, exceeds 50 or 60 degrees, it becomes difficult or impossible with a prismatic compass, for instance, to obtain accurate results; and since it frequently happens, particularly in mining, that much work requires to be done beyond that limit, it is obvious that an instrument which can be used to observe a high angle just as easily as a low one, if not absolutely a necessity, will at least be a great convenience. How this a pocket transit" attains to the required degree of universality will be understood from the diagram, Fig. 1, in which B is a beveled, graduated circle, attached to and freely revolving about the center of the magnet A. Light falling on B is reflected through a window in F (the compass-box), along the line AC, and is again reflected back to the eye at D by the prism C. By a simple arrangement, the tight-line BCE call be completely revolved in the vertical plane DE, which is normal to AC. It is clear, then, that no matter through what vertical

Jan 1, 1908

By Alexander L. Field

The Bureau of Mines is investigating the problem of slag viscosity, its variation with the temperature and with the composition of the slag, and its effect upon the distribution of the sulphur between molten iron and slag, as introductory to a series of contributions to the theory of the metallurgical processes. The method of measurement, viscosity apparatus, furnace and other accessories mentioned in this paper have been described fully in s Bureau of Mines report.1 The Literature on Slag Viscosity The viscosity of blast-furnace slag had not been measured previous to the investigation described in this report. A number of investigators have determined the "fusibility," or softening temperature, of slags by means of the cone method .or other deformation method, but these methods supply only limited information regarding the temperature-viscosity relations of the slag in question. Any deformation method that may be employed indicates only the temperature at which the slag attains a more or less definite viscosity., the magnitude of the value obtained depending on the method used. For details of the various methods used by different investigators, see the Bureau of Mines paper already referred to. An isolated measurement by Doelter on a single mixture at 1,300" C. represents the highest temperature reached in the various viscosity investigations previous to those described in this report, in which results have been referred to absolute units. Arbitrary deformation tests have of course been made at much higher temperatures.

Jan 1, 1917

By Robert Anderson Cook

AS the margin of profit in the manufacture of iron continues to decrease, attention is called more and more to economies in every department. Beginning at the bottom, in the preparation of the ore at the mine, me notice a general tendency is towards the shipment of richer ores, securing to the mine-owner a better price per ton, which the purchaser is glad to pay by reason of the saving in freight of iron, and in the cost of reduction, which depends so largely upon the amount of fuel and flux, and the productive capacity of the plant. In other words, the difference in value between rich and poor ores is much greater than their relative percentages of iron indicates; because the barren material in a lean ore is not merely worthless, it is a positive source of expense, requiring transportation, handling, fluxing, smelting, and its due share of general expenses; in return for which it yields nothing and decreases the available capacity of a given plant and capital for profitable work. The enriching of the ore is done in most places by hand-picking, and in a few by wet concentration; but the managers of several magnetite mines in Sweden have been practically successful in doing it by machinery. The only magnetic separating machine which has actually taken the place of hand-picking was designed and patented by Mr. Jonas Wenström of Örebrö, Sweden. In this machine, which is illustrated in Figs. 1 and 2, Mr. Wenström has taken advantage of the property of soft iron to become magnetized by induction. The machine consists of a barrel made up of soft iron bars and some non-conducting material (usually wood), which is rotated around a stationary shaft by means of a cog-wheel. Inside of this barrel, on the shaft, is placed eccentrically a cylindrical electro-magnet, provided with a number of manges (N, S, Fig. I), between which wire is wound in such a manner that the flanges are of negative and positive polarity, being energized by a current passing through the wire coils from a small dynamo. As will be seen in Fig. 1, the flanges, N, S, are circular, and follow the internal contour of the barrel on the front side, while on the opposite side they are cut down to the line B, B' in Fig. 2. Hence the bars of the revolving barrel on the front side of the machine are mag-

Jan 1, 1889

By J. F. Kemp

PAGE I. Introduction,.......269 11. Topogmphical Features,.....270 III. Geological Relations of the Mineralized Area,.272 1. Structural Features,.....272 2. Occurrence of the Copper,....274 3. Granite-Contacts,.......274 IV. Descriptions of the Rocks,.....274 1. Granite,........274 2. Limestone,.......276 3. Porphyritic Eruptions,.....278 (a) Quartz-Porphyry,.....278 (b) Trachyte-Porphyry,.....280 V. Contact Phenomena,......285 1. Comparative Immunity of the Limestone, . 285 2. Contact Phenomena in the Quartz-Porphyry,.... 285 3. The Form and Distribution of the Ore-Bodies,290 VI. Method of Deposition,......293 I. Introduction. The White Knob copper-deposits are situated about three miles south of Mackay, on the Salmon River branch of the Oregon Short Line Railroad, in Custer county, Idaho. An outline-map of this district is given in Fig. 1. The deposits have been known and spasmodically worked for many years, and a total of over 3.5 miles of tunnels, shafts and other workings has been driven with a view to their development. These extensive excavations have exposed the deposits sufficiently to permit a careful geological examination. The peculiar features which give special interest to this paper are the branching, tree-like form of the ore-bodies; the absence of zones of secondary enrichment in the partly oxidized pyritic deposits, and the fact that while the deposits are associated in a general way with the contact of an eruptive rock with limeetone, which it penetrates, the garnetization has taken place not in the limestone, as is the usual case, but in the igneous

Jan 1, 1908

By Robert H. Richards

My first paper, read at the Cobalt Meeting of the Institute,' July, 1907, dealt with the behavior of a small Wilfley table when collceiltrating galena from quartz, the table being fed with natural products, with sized products, and with classified products. Since galena, having a specific gravity of 7.5, is among the heaviest minerals ordinarily concentrated by Wilfley table, it was desirable that a similar set of tests upon a mineral of lighter weight should be made. Chalcopyrite, of a specific gravity of 4, would have been the best mineral for this purpose, on account of its great importance as an economic mineral, but in carrying out the test I was obliged to content myself with a cupriferous pyrite, the specific gravity of which was 4.68 and the content in copper 8.80 per cent. Through the kindness of H. 0. Cummins, this material was obtained from Shasta, Cal., in very pure, clean, homogeneous condition. It was broken by rolls to 2 mm. in size, taking care to make a minimum of slimes. The quartz used to mix with it was pure, white, New England quartz, broken in the same way to the same size. In studying the accompanying tables, it should be borne in mind that the material concentrated was of low copper-content, and in many cases the quantity fed to the machine was 1 kg. or less. As a consequence of the smallness of the quantity treated it was very difficult to adjust the table and get it in condition to do its best work before the feed became exhausted, and for this reason many results were obtained which appear irregular.

Jan 1, 1909

By Arthur F. Taggart

A general awakening of interest among mill men concerning the mechanical efficiencies of their crushing machines is evident from a perusal of the recent files of mining publications. Considering the large part of the power bill which must be debited to the crushing department, such interest is natural. When, however, the articles on the subject are read, the only statement upon which the writers agree is that fine grinding consumes a large amount of power, and that the machine which, from a concentration standpoint, offends as a slime producer is, for that reason, a serious offender in wasting power. When the mill man attempts to find a method for measuring the power wasted, or to compare the efficiency of one machine with that of another for the same work, he is confronted with a choice of methods which lead to conflicting results. There are two reasons why the work of crushing is not more generally understood. In the first place, experimental data are difficult to obtain; and in the second place, before these data can be put in general form certain assumptions must be made. A difference in these assumptions by different investigators has led to conflicting conclusions. This conflict has resulted in the proposal of two laws. The first of these is the so-called Rittinger's law, which is variously stated as follows: "The work of crushing is proportional to the reduction in diameter."—R. H. Richards: Ore Dressing, p. 304 (1903). "The work required to crush rock is very nearly proportional to the reciprocals of the diameters crushed to."—A. Del Mar: Engineering and Mining Journal, vol. xciv, No. 24, p. 1129 (Dec. 14, 1912). "The work done in crushing is proportional to the surface exposed by the operation, or better expressed for this purpose, the work done on a given mass of rock is proportional to the reciprocal of the diameter of the final product, assuming that all the mass has been reduced to one exact size, which is only theoretically possible."— A. 0. Gates: Engineering and Mining Journal, vol. xcv, No. 21, p. 1039 (May 24, 1913). ' ' " Of this law as variously stated above H. Stadler says (Grading Analyses and Their Application, Author's Reply to Discussion, Transactions of the Institution of Mining and Metallurgy, vol. xx, p. 426 [1910-111):

Jan 1, 1915

By James E. Howard

At the request of the Council of the Institute, I have the honor to submit the following remarks upon the Program of Tests under which the current work of the Watertown Arsenal Testing Laboratory is carried on, which comprises, among other items, the tests of steel ingot metal and derivative shapes. The intended scope of the tests may be illustrated by extracts from the descriptive part of the program as submitted by the Laboratory under date of April 17,1907, and subsequently approved by the Chief of Ordnance, U. S. A. Under Item 1, Ingot Metal—Open hearth, acid and basic; Bessemer, acid and basic; crucible; fluid compressed and uncompreesed—descriptive remarks were made as follon-s: "A thorough, fundamental inquiry into the physical properties of steel necessarily begins with the ingot metal. Investigations, having for their object the improvement of steels, should also begin with the ingot. A knowledge of the ingot structure is essential for judging of the subsequent behavior or appearance of the metal. Under ordinary conditions, so little information is obtained from the ingot in individual cases that practically none of importance is acquired. These remarks have particular reference to the state of physical and structural

Jan 1, 1909

By Thomas Leonard Watson

Introduction,...... Historical Statement,....644 Geology of the District,....645 The Weisner Quartzite,....647 Topography,. .....653 Rock-Weathering,..... The OcheR-Deposits,.....655 Petrography of the Quartzite,..655 Associated Ore-Deposits,....657 Chemical Composition of the Ocher,. 658 Mode of Occurrence of the Ocher,..659 In the Fresh Rock,....660 In the Residual Clays,...661 Origin of the Ocher,....662 Economic Features,..... Methods of Mining,..... Preparation of the Ocher,...664 Uses,........ Introduction. Knowledge of the existence of yellow-ocher deposits in Bartow county, Georgia, dates back to the early mining of manganese- and iron-ores in the vicinity of Cartersville. Systematic mining of the ocher in this area really began, however, probably not longer than a decade back, although the date of its first working is as early as the year 1877. The district has been, for a number of years, one of the principal producers of yellow ocher in the United States; and at no period of its development have mining activities been greater and more successful than at present. Systematic field-study of the ocher- and manganese-deposits of Georgia was begun by me while I was a member of the

Jan 1, 1904

By T. S. Blair

I feel a certain sense of responsibility in bringing before you the subject of the direct process in iron manufacture. I am aware that, in such a body as I have now the honor of addressing, there are few who are not already so well informed upon its past history that it would be a weariness to them to listen to anything else than an account of practical success. Yet, to claim that success involves so much that, if I do not make good my claim, I deservedly expose myself to severe criticism. The whole literature of the art, so far as it relates to the direct process, is, up to this time, but a history of failure. It is safe to say that more money, time, and talent have been fruitlessly spent in the pursuit of this object than in all the other unsuccessful efforts in the whole line of iron metallurgy. A distinguished authority in patent law has remarked that " the invention records of the United States and of foreign countries are filled with the waifs and abandoned relics of these abortive struggles." Dr. Percy, whose great work may be taken as an epitome of all that was worth mention, whether useful or curious, in pig-iron metallurgy, up to the date of its publication (1864), after giving elaborate accounts of various attempts at the direct process, condenses his own opinion of all that had been then effected, into a brief but summary comment upon a pamphlet of one of the sanguine inventors who had said: "It is evident that the present mode of working iron

By G. K. Burgess

§ 22. THe results published in Professor Howe's paper10 of our determinations on the Ac3 and Ar3 points for a series of commercial carbon steels " containing manganese in varying proportion, represent the average temperatures found by taking several (4 or 5) heating and cooling curves. The accompanying curves, Figs. 6 and 7, are, for each steel, the first heating and cooling curves as obtained by the inverse-rate method of Osmond, using a cylindrical chronograph sensitive to 0.1 sec. for recording time. Simultaneous observations were also taken by the differential method with a platinum neutral and plotted by Rosenhain's derived differential method and gave substantially the same results, the curves having sensibly the same contours in both cases.12 The observations were taken in vacuo on cylinders 5 by 1 in. in length bored to center with a 1/8-in. hole to receive porcelain insulated thermo-couple, and inclosed in an out- and in-glazed Berlin porcelain tube heated electrically by platinum foil wound on the tube. The vacuum was usually better than 0.1 mm. The heating and cooling of the furnace was automatically controlled by a salt-water rheostat with shaped electrodes, giving a uniform rate of heating and cooling.

Jan 1, 1914

By V. W. Bihlman, H. M. Williams

In the construction of internal-combustion engines, the cooling of the combustion chamber and pistons is of great importance. In certain types of engines, the adequate dissipation of heat from the bearings is also important. One of the important factors affecting heat dissipation from these parts is the thermal conductivity of the material used. A search of the technical literature shows that, in general, the thermal conductivity of the elements1 has been determined accurately by a number of investigators. The data on the industrial alloys are, however, meager. For an investigation of these alloys, the thermal-conductivity apparatus described in this paper has been constructed at the laboratory of the General Motors Research Corporation. It is desirable that an apparatus for work of this nature should give fair accuracy of results with a convenient form of specimen and a reasonable rapidity of operation. A summary of the different methods of determining thermal conductivity is given in the first volume of the " Dictionary of Applied Physics," pages 429 and 470. The method selected as best satisfying these conditions is that of Griffith, on page 443, with the addition of a guard ring similar in principle to the method used by Berget (P. 445). Briefly, the method consists of heating one end of a bar T, Fig. 1, electrically, measuring the amount of heat transmitted through the bar by a flow calorimeter J fastened to the other end, and measuring the temperature gradient along the bar. To compensate for the loss of heat laterally, the test bar is surrounded by a guard ring E, in the form of a steel pipe, which is electrically heated at the bottom and cooled at the top with a

Jan 1, 1923

By V. W. Bihlman, H. M. Williams

In the construction of internal-combustion engines, the cooling of the combustion chamber and pistons is of great importance. In certain types of engines, the adequate dissipation of heat from the bearings is also important. One of the important factors affecting heat dissipation from these parts is the thermal conductivity of the material used. A search of the technical literature shows that, in general, the thermal conductivity of the elements1 has been determined accurately by a number of investigators. The data on the industrial alloys are, however, meager. For an investigation of these alloys, the thermal-conductivity apparatus described in this paper has been constructed at the laboratory of the General Motors Research Corporation. It is desirable that an apparatus for work of this nature should give fair accuracy of results with a convenient form of specimen and a reasonable rapidity of operation. A summary of the different methods of determining thermal conductivity is given in the first volume of the " Dictionary of Applied Physics," pages 429 and 470. The method selected as best satisfying these conditions is that of Griffith, on page 443, with the addition of a guard ring similar in principle to the method used by Berget (P. 445). Briefly, the method consists of heating one end of a bar T, Fig. 1, electrically, measuring the amount of heat transmitted through the bar by a flow calorimeter J fastened to the other end, and measuring the temperature gradient along the bar. To compensate for the loss of heat laterally, the test bar is surrounded by a guard ring E, in the form of a steel pipe, which is electrically heated at the bottom and cooled at the top with a

Jan 1, 1923

By Ronald D. Irving

The object of the present paper is to give an outline account of the mineral resources of the State of Wisconsin, so far as they are now known, including both metallic ores and non-metallic useful mineral substances. Tl~e only previous publication making ally attempt at such an account is one of a popular nature, prepared by the writer for Snyder and Van Vechten7s Historicccl Atlas of Wisconsin, which was published at Milwaukee in 1878. The data upon which the statements of the following pages are based are chiefly from the

Jan 1, 1880

By Newell G. Alford

Forecasts of future timber consumption in soft-coal mining are handicapped by the lack of adequate experience records for estimating properly the timber requirements of the industry. Data were obtained from plants where records are kept or from operators who collected the information and to these were added composite figures for the continental United States in 1905 and 19191 and for central and western Pennsylvania and for Illinois in 1922.2 The result, representing slightly over 928,000,000 net tons, is shown in Table 1. Some of the companies furnishing data were unable to segregate the timber into classes of use but for those who did, Table 2 shows the board feet of posts and cross ban used per ton of coal mined and the percentage of the total timber consumed that was used in roof support. The wide variation in amounts of timber per ton of coal mined is the result of

Jan 1, 1924

By John W. Roberts

The Federal income tax law permits as a deduction in determining net income "in the case of mines,... a reasonable allowance for depletion and for depreciation of improvements, according to the peculiar conditions in each case, based upon cost, including cost of development not otherwise deducted: Provided, that in the case of such properties acquired prior to Mar. 1, 1913, the fair market value of the property (or the taxpayer's interest therein) on that date shall be taken in lieu of cost up to that date." The law provides for a reasonable allowance but the regulations provide for a definite method of computation that possesses more the virtue of simplicity than that of reasonableness. Article 210 of Regulations 45 reads: "When the cost or value as of Mar. 1, 1913, or within 30 days after the date of discovery of the property shall have been determined, and the number of mineral units in the property as of the date of acquisition or valuation shall have been estimated, the division of the former amount by the latter figure will give the unit value for purposes of depletion, and the depletion allowance for the taxable year may be computed by multiplying such unit value by the number of units of mineral extracted during the year." This is simple, but is it reasonable? The intent of the law is clearly that the cost of the ore in the ground shall be considered as part of the cost of the same ore when removed and sold. The regulations fail to carry out that intent, because of the unwarranted assumption that all the ore in the mine cost the same amount per ton. This is what gives the Treasury Department's method its simplicity, but at the same time robs it of its reasonableness because the assumption is contrary to fact. It is self-evident that a ton of ore near the surface or exposed by present workings is worth much more than a ton buried so far down in the earth that it cannot be removed for many years. If no improvements in mining methods were expected, the value of deeply buried ore would be further reduced by the greater expense that would be required to

Jan 1, 1922