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By Paul Merica

THOSE of you who, like myself, have had the privilege of hearing previous Howe Memorial Lectures will note, and I hope without too much disaffection, that for the first time in this series of lectures iron has been chosen as the subject. I feel sure that the predominant choice by previous lecturers of subjects relating to steel has been principally in deference to the well-known interest this subject held for Professor Howe, and that their choice has not reflected any lack of respect for the material, iron. Nevertheless, in the face of this record, I feel some diffidence in introducing this "Cinderella" of materials into the circle of distinguished subjects hitherto treated by Howe lecturers, which is relieved only by the fact that I hope to be able to present some evidence that this Cinderella has at last undergone some of those magical trans-formations which render her acceptable even in the society of her dis-tinguished sister, steel. Fortunately I can cite the old master himself in support of my choice of subject and recall to you that Professor Howe by no means overlooked or neglected cast iron in the long course of his metallurgical meditations. Indeed his attention was early arrested by a metallurgical aspect of cast iron which he believed and we still recognize as of the most funda-mental importance-namely, the genesis of graphite in gray iron and the means for the control of its quantity and distribution. He made some comments over 20 years ago regarding the nature of J. E. Johnson's oxygenated iron which indicate that even then his thoughts were taking directions which today we are finding it useful to explore in connection with the theory of high-strength iron. Had we had in the subsequent years the continuing benefit of Professor Howe's illuminating consider-ation of this important subject, our progress in the improvement of cast iron would undoubtedly have been even more rapid.

Jan 1, 1937

By Walter Crafts

ALTHOUGH many elements reduce the tendency to porosity in steel castings, manganese, silicon, aluminum, calcium, titanium and zirconium appear to be most generally suitable for the purpose. The manganese and silicon contents are usually maintained in a fairly constant range. Sili-con-killed castings often are made to be sound with little or no addition of the stronger degasifiers. In many cases, however, it is more practical to utilize the stronger degasifying elements, aluminum, calcium, titanium and zirconium. Since they greatly modify the composition, shape, and distribution of the nonmetallic inclusions, and thereby the ductility, the strong deoxidizers must be used in such a way as to form the least harmful types of inclusions. As the reasons for failure always to obtain good results have not been obvious, an effort has been made to determine the mechanism of solidification of steels deoxidized to produce certain types of inclusions. Diagrams representing the mechanism of their formation have been constructed from the appearance of the nonmetallic con-stituents and have not only illustrated the limiting features of specific deoxidizing treatments with respect to inclusion formation and ductility, but have also indicated a relation between inclusions and resistance to hot tearing. Three different types of deoxidation treatment have been used for obtaining sound castings with relatively high ductility. The first method is to make and cast the steel under such conditions that deoxidation with silicon and a small addition of a strong deoxidizer assures soundness. The effective addition that will promote soundness without causing the formation of intergranular inclusions varies with the furnace practice and composition, but may be limited to about 0.025 per cent Al, Zr or Ti. Up to 0.10 per cent Ca and 0.15 per cent V are also used for this purpose. The inclusions in these steels are characteristically glassy silicates and round or irregular sulphides. As pointed out by Sims and Lillieqvist,1

Jan 1, 1940

By John S. Johnson, Thomas Fraser

SIZING is the process of separating mixed particles into groups of particles all of the same size, or into groups in which all particles range between certain definite maximum and minimum sizes. In coal preparation, sizing is generally accomplished by passing the coal over screens. Separation by differential settling in air or water currents has been adapted to the special field of separating very fine sizes, and these processes are in commercial use to a relatively small extent in the coal industry. Separation with screens is a very old industrial practice. Agricola described the use of screens for ore treatment in the middle ages. In the literature of the British coal industry references were made to the screening of coal as early as 1589, but the practice of extensive sizing for the market did not become general until the last half of the nineteenth century. In America, the practice of sizing developed first in the Pennsylvania anthracite region, beginning with the use of rakes' in the mine working places to recover coarse coal. This mining procedure left the fines in the mine. Preparation outside the mine started with the installation of station¬ary cast-iron plates with 4 to 6-in. square holes. The run-of-mine coal was dumped upon the platforms, the large pieces of rock were picked out by hand, and the large lumps of coal were broken with hammers. The term "breaker," which still applies to the anthracite-preparation plant, originated with this practice, but the term is no longer descriptive of the entire function of the plant. In 1884, the first power-operated anthracite coal breaker' was erected by Gideon Bart at his colliery at Wolf Creek near Minersville, Pa. This plant utilized a system of rolls for breaking the coal and revolving screens for sizing. The plant was driven by a steam engine. It 'could handle

Jan 1, 1943

By Wm Price

THE object of this paper is to present a survey of some of the physical properties of sheet nickel silver when subjected to cold rolling and when annealed at temperatures extending from 350° C. throughout the commercial annealing range. A number of alloys were taken from stock and analyzed. Four of these, representing low nickel and high nickel both with and without lead, were chosen for the tests. The analyses were as follows: ALLOY COPPER, LEAD, IRON, NICKEL, MANGANESE, ZINC, PER CENT. PER CENT. PER CENT. PER CENT. PER CENT. PER CENT A 64.68 Trace 0.194 - 6.73 0.06 remainder B 65.82 1.27 0.227 6.17 0.06 remainder C 65.44 Trace 0.345 17.83 0.08 remainder D 65.60 1.08 0.238 17.77 0.06 remainder These alloys were rolled in accordance with regular mill practice to approximately No. 6 B. & S. gage. The bars (which were then coiled) were annealed together in a mill muffle and afterwards pickled in a 10 per cent. sulfuric-acid solution and cold rolled in stages of approximately .one number (B. & S.) at a time to No. 18 B. & S. gage. After each stage, suitable samples were set aside for physical tests. Additional samples were chosen for tests after the bars were rolled to Nos. 8, 10, 12, and 14 gage. These samples were annealed together in the mill muffle and, after pickling, were finished on 0.050-in. gage, yielding a series of specimens 2, 4, 6, and 8 numbers hard for the subsequent annealing tests. Tensile test pieces 9 by 1 in. (22.9 by 2.5 cm.) were cut from both lots and the central portion was milled to give a test section 2 ½ in. long by ;Z in. wide. A distance of 2 in. was marked off on the edge of each specimen with light punch marks. In the case of the annealed alloys, Erichsen test pieces 4 by 2 1/2 in. were also taken.

Jan 10, 1920

By W. L. Dennen, W. W. Wirth

Research looking toward the reduction of the cost of roof support by substitution of longer-life materials for wooden timber is fully justified by the fact that roof support is an important element of all production costs. Permanent or semipermanent roof support will reduce the expense of timber-maintenance crews during steady operations, but even more markedly during idle periods. The management, therefore, is faced with the important problem of timber renewals, which in times of regular operation are frequently obscured by more urgent problems of production. Increased use of timber in the Anthracite Region of Pennsylvania is caused mainly by increased percentage of coal obtained from robbing areas, which requires more timber for safety than development work, and maintenance of long haulageways through crushed ground despite the fact that less coal is transported over them. The timber reserve in the immediate vicinity of the mines has been depleted to such an extent that it is necessary to secure 70 per cent of the timber requirements from distant sources. Originally, mine timbering in this region was done by largely utilizing round props or legs with round collars. The whole cross section of the tree from which timber was cut was utilized by forming the joints between the legs and the collars with saw and adze, using plank or round saplings for lagging behind the legs and over the collars to prevent material falling between them. The Mine Inspectors' report of 1898 records an important digression from the use of round timber, when two tunnels at the Babylon colliery, near Pittston, Pa., were timbered with 12 by 12-in. square timber sets with mud sills, through quicksand for distances of 425 and 160 ft., respectively. The timbers were lagged with 3-in. plank to control sand. An early step toward the permanent type of roof support was the installation of "brick pillars or perfect arched brick rooms" instead of

Jan 1, 1940

By W. L. Dennen, W. W. Wirth

Research looking toward the reduction of the cost of roof support by substitution of longer-life materials for wooden timber is fully justified by the fact that roof support is an important element of all production costs. Permanent or semipermanent roof support will reduce the expense of timber-maintenance crews during steady operations, but even more markedly during idle periods. The management, therefore, is faced with the important problem of timber renewals, which in times of regular operation are frequently obscured by more urgent problems of production. Increased use of timber in the Anthracite Region of Pennsylvania is caused mainly by increased percentage of coal obtained from robbing areas, which requires more timber for safety than development work, and maintenance of long haulageways through crushed ground despite the fact that less coal is transported over them. The timber reserve in the immediate vicinity of the mines has been depleted to such an extent that it is necessary to secure 70 per cent of the timber requirements from distant sources. Originally, mine timbering in this region was done by largely utilizing round props or legs with round collars. The whole cross section of the tree from which timber was cut was utilized by forming the joints between the legs and the collars with saw and adze, using plank or round saplings for lagging behind the legs and over the collars to prevent material falling between them. The Mine Inspectors' report of 1898 records an important digression from the use of round timber, when two tunnels at the Babylon colliery, near Pittston, Pa., were timbered with 12 by 12-in. square timber sets with mud sills, through quicksand for distances of 425 and 160 ft., respectively. The timbers were lagged with 3-in. plank to control sand. An early step toward the permanent type of roof support was the installation of "brick pillars or perfect arched brick rooms" instead of

Jan 1, 1940

By B. S. Norris, Charles R. Austin

The stresses which initiate deformation processes in metals are fundamentally important in the study of the mechanical properties of metals. A point of inflection in the load-elongation curves obtained for single crystals' has been rather too readily interpreted as a true yield point, and the critical resolved shearing stress on the plane of slip taken as a material constant. Even early work showed that the stress at this point varies with rate of loading, but it has not been generally appreciated that creep tests under static loads alone are suited for determining the existence or nonexistence of a yield point.* It has now been shown by Miller that single crystals of zinc3 when loaded statically begin to yield at loads too small to measure; as a result there is no case now known, apart from that cited in the present paper, in which a true critical stress for yielding has been demonstrated for single crystals of metals. The case of iron has especial interest: the existence of an upper and lower yield point and of an elongation at the yield point in ordinary iron and steel marks this substance as unusual, though the effects have been found to a very minor degree in other metals and alloys. $ Most alloys do not show such marked phenomena when appreciable yielding begins, and accordingly modern practice is to speak of the yield strength of such materials, a stress read from the load-elongation curve after elongation has begun, rather than yield point. The special behavior of iron suggests that it is more likely that single crystals of iron should have a true yield point than other metals. The study of the mechanical properties of metals and alloys requires a determination of the crystallographic mechanism of deformation, wlletller deformation proceeds by slip, twinning, or cleavage, or a combination of these, and a determination of the stresses that induce these modes of deformation. With this information, a study of the rates of work-

Jan 1, 1938

By E. H. Jr. Dix

IN selecting the subject, "Acceleration of the Rate of Corrosion by High Constant Stresses," for the 1940 Institute of Metals Division Lec-ture, I have been influenced by its highly theoretical and speculative nature as well as by the great practical importance of the correct inter-pretation and appraisal of the engineering significance of the phenomenon. I lay no claim to originality in talking on this topic, since it has been the subject of discussion for over a quarter of a century. However, as our technical thinking advances, old phenomena take on new and more significant aspects. In our studies at the Aluminum Research Labora-tories, we have encountered many perplexing and seemingly contradictory results and have been fascinated by the problem of dovetailing all of the many pieces of information to make a complete picture. I hope that in the brief period of this lecture I may share with you some of the enjoy-ment we have had in attempting to meet this challenge to metallur-gical science. The emphasis generally has been placed on the spontaneous failure by cracking of a metal under the combined action of high stress and corrosion, hence the present-day use of the terms "stress corrosion" or "stress corrosion cracking." The older term "season cracking," applied more specifically to copper-base alloys, includes, by inference, the element of time. For the purpose of the discussion today I will use "stress corro-sion" to cover broadly the effect of stress in accelerating the rate of corrosion of metals. To stay within the limits of allotted time the dis-cussion will cover the effect of high static stresses rather than repeated or dynamic stresses, which would take us into the related field of corro-sion-fatigue. The subject is particularly appropriate for an Institute of Metals Division Lecture because much the same phenomenon has been observed in almost all metal systems. Thus, in addition to the season cracking of brass may also be mentioned the "caustic embrittlement" of steel boiler

Jan 1, 1940

By H. G. Moulton

THE INCREASING scale of mining operations over the past decade, particularly in connection with the exploitation of large bodies of comparatively low-grade copper ores, has made necessary the study of the behavior of rock under failure. When extractions of as high as 40,000 tons a day are reached in steam-shovel operations and as high as 20,000 tons per day in underground mining operations, it is evident that excavations soon become of such size that the behavior of the rock will often be dependent on fundamental principles applicable to more or less homogeneous materials under stress, rather than on weathering or local planes of weakness. In the ordinary rock excavations encountered in civil-engineering practice, such as excavations for subways, highways, railroads, etc., rock faces are not carried to depths sufficient to develop any pressures, or consequently any failures, except those due to loose masses resulting from local planes of weakness. When, however, orebodies whose tonnage is measured by hundreds of thousands are to be extracted by steam-shovel operations in open pits, it is necessary to determine if possible in advance the slopes that the sides of the pits will assume, for these slopes influence the shape of the excavations and thereby the amount of ore that may be extracted by the open-pit method. When large orebodies are mined underground at depths of 300 to 500 ft. (91 to 152 m.) by caving methods, the surface subsiding as the ore is withdrawn, it is necessary to determine in advance the outermost limits of fracture in the subsiding surface, for on the delineation of these limits depends the location of surface improvements, mills, smelters, etc. and also the location of development work, such as hoisting shafts, main haulage levels, and all other underground openings that must remain undisturbed during the period of ore extraction. Heretofore, in civil-engineering practice, it has been assumed that earth and rock behave differently in failure. For the calculation of earth

Jan 2, 1920

By A. C. Watts

FOR several years, a mine in Colorado experienced considerable trouble from small fires caused by the blasting of coal. Although a well-known make of permissible powder was used, it was first thought that the powder ignited gas that might be present and that this, in turn, set fire to line brattices or to the coal. Experiments were, therefore, conducted with another make of powder, but the results convinced the superintendent of the mine, Robt. Williams, Jr., that the fires were not caused by the powder but by the high-voltage electric current used for detonating the shots. The mine "makes" gas very freely, giving off from three-fourths to a million cubic feet of methane per 24 hours. The coal is a good grade bituminous of a very free burning quality. Electric shot-firing from the outside after all men and animals were outside had been practiced for a number of years. The shooting circuit was connected with the main power circuit at the mouth of each entry. Shooting circuit switches were mounted in boxes, which were kept locked with the handle of the switch, in open position, showing through the bottom of the box. The door of the box could not be shut and locked when the shooting switch was closed. At the entrance to each room, or working place, a small switch, called the miner's switch, was placed on the shooting line. It was the duty of the miner, when entering his place at the beginning of the shift, to see that this switch was open and that it was kept open until he left the place at the end of the shift to go out of the mine. Grounded return was used for main power lines. The current was 500 volts, direct current, with 100 to 300 amp. The nearest working face was 9600 ft. from the shot-firers' switch outside the mine and the most remote working face was 2 ½ miles. The various working faces were scattered over a wide area between these two points.

Jan 9, 1925

By B. S. Norris, Charles R. Austin

The stresses which initiate deformation processes in metals are fundamentally important in the study of the mechanical properties of metals. A point of inflection in the load-elongation curves obtained for single crystals' has been rather too readily interpreted as a true yield point, and the critical resolved shearing stress on the plane of slip taken as a material constant. Even early work showed that the stress at this point varies with rate of loading, but it has not been generally appreciated that creep tests under static loads alone are suited for determining the existence or nonexistence of a yield point.* It has now been shown by Miller that single crystals of zinc3 when loaded statically begin to yield at loads too small to measure; as a result there is no case now known, apart from that cited in the present paper, in which a true critical stress for yielding has been demonstrated for single crystals of metals. The case of iron has especial interest: the existence of an upper and lower yield point and of an elongation at the yield point in ordinary iron and steel marks this substance as unusual, though the effects have been found to a very minor degree in other metals and alloys. $ Most alloys do not show such marked phenomena when appreciable yielding begins, and accordingly modern practice is to speak of the yield strength of such materials, a stress read from the load-elongation curve after elongation has begun, rather than yield point. The special behavior of iron suggests that it is more likely that single crystals of iron should have a true yield point than other metals. The study of the mechanical properties of metals and alloys requires a determination of the crystallographic mechanism of deformation, wlletller deformation proceeds by slip, twinning, or cleavage, or a combination of these, and a determination of the stresses that induce these modes of deformation. With this information, a study of the rates of work-

Jan 1, 1938

By Clarence S. Ross

INTRODUCTION THIS chapter on the rô1e of physical-chemical processes in ore deposition presents unusual difficulties because it attempts to discuss the theory of processes that are very imperfectly under- stood, but which are among the most fundamental problems now before the student of ore formation. It is generally believed that a great variety of ore deposits are in some way derived from igneous rocks; but we desire to know the mechanism of their splitting off from the parent magma, the physical and chemical character of the material that acts as a medium for transfer from magma to the point of deposition, the manner of deposition, and the methods of replacement and removal of the invaded rocks. This problem is difficult for the field geologist because it concerns forces that for the most part have long since ceased to act. It involves a complex system of which the time for completion extends from the first development of the parent magma through its intrusion, its slow cooling and crystallization, and the final escape of its last residuum, a time probably represented by millions of years. In space the processes extend from profound depths of the abyssal magma which can never be directly observed, through the horizons characterizing deep-seated igneous rocks and ore deposits; those formed at moderate depths; and ends with surficial ones and surface thermal springs. The geologist usually can study the effect at but one of these horizons: he must attempt to fit his puzzle together while seeing but a few parts at a time. Thus he must deal with many isolated phenomena, as if they were the result of many physical and chemical systems; when in fact his problem involves a single exceedingly complex system, and will only be understood when that entire complex system is understood. The geophysicist is handicapped because he must attempt to interpret an extraordinary complex system, involving physical and chemical conditions which he can never hope to duplicate fully, through the study of many exceedingly simple systems.

Jan 1, 1933

By AIME AIME

OUT of the fabulous iron ranges of Michigan?s Upper Peninsula since Pearl Harbor have come go to the steel mills to become tanks, guns, ships, and other weapons for a United Nations' victory. But the contributions to the war effort, as far as Michigan's iron country is concerned, do not stop there. The same men who mine iron ore deep inside the earth also are "mining" on top of the ground, gleaning a harvest of scrap iron and steel that is writing a big chapter in the War Production Board's salvage program. At virtually every mine over an area of a hundred square miles, everyone from the top mine official and straw boss to the man in the dippings is scrap conscious. They know the importance of the ore they mine but they are equally familiar with the importance of iron and steel scrap in war production. The successful job they are doing in salvage is a tribute to the entire Upper Michigan mining industry and to the man who marshaled them into action-John M. Bush, chief of the land department for the Cleveland- Cliffs Iron Co. at Negaunee, and for ten years an A.I.M.E. member. Also, this job should be an inspiration to 611 mining. metallurgical, and petroleum communities as to the latent possibilities of organized scrap recovery.

Jan 1, 1943

By AIME AIME

EVER since his college days at the University of Iowa, the professional interest of Morris Morgan Leighton has centered on geology, and he now heads the State Geological Survey of Illinois. Just 52 years ago--on Aug. 4, 1887-he was born at Wellman, Iowa. He remained at the State university for his Master's degree, awarded in 1913. A two-year fellowship at the University of Chicago led to a Ph. D. degree, after which Dr. Leighton went out to Seattle as instructor in geology at the University of Washington during 1915-'16. He returned to Iowa as assistant professor of geology at Iowa State Teachers' College for a year, followed by another year at Seattle, after which he returned permanently to the Middle West, first as acting professor of geology at Ohio State and then, from 1919 to 1923, as assistant professor of geology at the University of Illinois and geologist for the Illinois Geological Survey. Of the latter organization he has been chief since 1923, with no present teaching duties. As a result of the successful work of the Survey, notably in non-metallics and in the initiation and stimulation of the recent oil activities in the southern part of the State, it is soon to have a new building with modern laboratory facilities.

Jan 1, 1939

By D. H. Bacon

Our Transactions contain so many suggestions of apparently trivial, yet really important, contrivances for the saving of time and

Jan 1, 1893

An old philosopher once said, "God grant me the serenity to accept those things I cannot change, the courage to change those which I can, and the wisdom to know the difference." It is time to take stock of how the human race has progressed-whether the trend now points toward greater evils or finer things. It is time that we stop fooling ourselves and put into effect a program of "real" conservation. By this it is not meant that we limit our concept to planting new forests, preserving wild life or preventing soil erosion, but rather taking stock of the expectancy of our resources, expanding human resourcefulness and effecting careful utilization and replacing of, or producing substitutes for, material resources. Man is still dependent upon energy and matter in certain usable forms, despite the fact that energy is inherent in all matter. Until such progress is made that the energy contained in all matter can be controlled, man must continue to utilize the common fuels. Advancement of research in atomic energy has cast a gleam of hope for future use of the tremendous energy contained in the atom. Use of atomic power for industrial pursuits would open up limitless resources of power. This energy, of course, is a two-edged sword, since man's progress and his means of destruction have always evolved parallel to each other. Thus it is estab-

Jan 1, 1950

By G. H. Clevenger

Discussion of the paper of ALLAN J. CLARK presented at the San Francisco meeting, September 1915, and printed in Bulletin No. 103, July, 1905, pp. 1381 to 1398. G. H. CLEVENGER, Palo Alto, Cal.-Since the precipitation of extremely dilute solutions as regards cyanide presents one of the greatest problems of zinc-dust precipitation, I should like to ask Mr. Clark the minimum concentration in cyanide of the solution from which it is possible to precipitate satisfactorily the gold with zinc dust in Homestake practice. A. J. CLARK.-For a day's work about 0.015 per cent. That is precipitating a very low-grade solution, very low in alkalinity. It requires probably 0.2 lb. of zinc dust to the ton. JOHN A. FULTON, Melones, Cal.-At the Melones mine, we have been working very low-grade rock for a number of years, the process being amalgamation and concentration up to the last year. The value of the ore increased so that we had to supplement the concentration with a sand and slime plant. Classification was a problem, since to install classifiers would mean tearing the mill all to pieces. We are therefore making use of a Wilfley table for this purpose. The amount of wash water is increased and a stream of fresh water is also run into the feed box at the

Jan 12, 1915

Since the beginning of the 20th century the world has been trying to find a new political system, even as it did at the end of the 18th century. The French Revolution instigated the destruction of absolute monarchies when Napoleon unwittingly showed the masses the advantages of freedom, as opposed to the abuses of unlimited power by the imperialists. In spite of advances in culture, science, and technology during the past 50 years, there is a hangover of laissez-faire economic principles. Failure to divert the trends of minority pressure groups has caused two world wars and is the basis for the current social unrest and turmoil. In the ebullition of ideas there have risen to the surface the dregs of ideas, old and new-Nazism, Fascism, Russian Communism-a hodgepodge of imperialistic, socialistic, communistic and capitalistic maneuverings where state monopoly of capital enables ruthless exploitation of the masses. The United States owes much of its industrial greatness to the work of pioneers in the mineral industries. The task of the pioneer was to locate and develop in a rude way the mineral resources of the nation. Today, mineral industries leaders are still in great demand, but for a different purpose-to direct intelligent utilization of the limited, waning, submarginal mineral resources. Today the need is for trained earth scientists, mineral

Jan 1, 1950

By J. F. Nester, J. B. Schroeder

COMPOUNDS of rare-earth and iron-group elements are of technical interest because of their unusual magnetic properties. To date, however, all magnetic measurements1-4 have been made with polycrystalline, often polyphase, samples. For the measurement of anisotropic properties, single-crystal samples are necessary to avoid the averaging effect of randomly oriented grains. The purpose of this note is to describe a technique with which we have grown relatively large single crystals of YCo5, NdCo5, DyCo5, and "YFe9". Crystal growth of these materials is complicated because: 1) the binary equilibrium diagrams are, in general, not well-established; 2) in those cases where phase-equilibrium data are available, the compounds of interest are generally formed by peritectic reaction; 3) the molten component metals are chemically very reactive, making contaminaticn of the melts by the crucible material a serious problem. Techniques such as arc or levitation melting followed by strain annealing have been tried5)' in the past with these materials, but with little success because of the peritectic reactions and the inherently poor process control. For this reason we chose to use the zone-melting technique of Mason and cook7 for our work, since past workers8 have had some success in preparing single crystals of peritectic compounds by this method.

Jan 1, 1965

Increased world consumption of crude and products coupled with the trend toward supplying this demand from the nearest and most economical source of supply had the economic effect of broadening the demand for Venezuelan crude. As a result of this, Venezucla produced more in 1934 than in 1929, the previous peak year. During 1934 Venezuelan output is estimated at a total of 139,382,000 bbl., a daily average of 381,868 bbl., against 120,442,000 bbl. in 1933, a daily average of 329,978 bbl. This is an increase of 51,890 bbl. per day. It is interesting to note from the comparison of production for the past 10 years (Table 1) that in spite of the fact that Venezuela produced more in 1934 than in 1929 its share of world production is slightly less than in 1929 and 1930. During the latter part of 1934 Vcnezuela produced its first billionth barrel of crude. Only three other crude-producing countries of the world have attained this distinction; namely, United States, Russia and Mexico. Venezuela still ranks third in the producing countries of the world, being surpassed by the United States and Russia. Exports of crude and products from Venezuela for 1934 are estimated at 133,400,000 bbl. This is an increase of 16,107,000 bbl., or 13.73 per cent as compared with 1933.

Jan 1, 1935