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By R. V. Ramani, R. Srikanth, R. Zhao

"A two-pan study was conducted to understand the factors affecting respirable dust generation potential or dustiness of coal seams. In the first part, the data from three prior comprehensive laboratory studies was analyzed to establish quantitative relationships between respirable dust generation potential and coal characteristics. This analysis indicates that respirable dust generation rate is positively correlated with Hardgrove Grindability Index (HGI), fuel ratio (fixed carbon/volatile matter), Vitrinite Reflectance (VR), and Level of Organic Metamorphism (LOM). In the second part, specially-designed single breakage experiments were conducted to determine the primary dust generation potential of 17 coal samples obtained from four continuous miner sections, three longwall sections, and the Penn State Coal Data Bank. The single breakage study indicates that primary dust generation rate is positively correlated with fixed carbon content, fuel ratio (fixed carbon/volatile matter), VR, and LOM. Since VR and LOM are strongly influenced by the process of coalification, differences in respirable dust generation rates in different coal seams may be explained by the thermal metamorphism of sedimentary organic matter during subsurface burial.Mineral particles in the range of one to five microns, if inhaled in sufficient amounts, lead to a number of lung diseases generally referred to as pneumoconiosis. A priori knowledge of the mechanisms and rates of fine particle generation during mining can aid in the development of more effective technology for controlling primary dust generation. Unfortunately, the data and knowledge currently available are not adequate for this purpose. In fact, a committee of the National Academy of Sciences on the measurement and control of dust concluded that the knowledge of the fundamental mechanisms by which coal mine dust is generated and a part of it is entrained in the mine atmosphere as respirable dust is not sufficient to clarify, let alone control, the processes involved (Anon., 1980). Under a research contract from the U.S. Bureau of Mines, Stecklein et al. (1982) have identified a number of fundamental research issues for understanding the coal fragmentation and entrainment processes.Reduction of dust generation is the best means of control since fine particles are difficult to control once they become airborne. Therefore, considerable research efforts have been directed to understand the factors influencing dust generation and entrainment, including machine design, water sprays, and ventilation. Laboratory studies have been conducted on the mechanical action of bits and machine power requirements (Evans and Pomeroy, 1966; Roepke, 1984). Since the physical characteristics of coal play an important role in the process of breakage, a number of laboratory studies have been conducted to study the relationship between coal characteristics and respirable dust generation (Baafi, 1977; Moore, 1986; Polat, 1990; Thakur, 1971). Several studies have been conducted on the relationships between coal characteristics and airborne dust concentrations (Hamilton and Knight, 1958; Khair and Xu, 1991; Organiscak and Page, 1993; Page et al., 1993). A limited number of studies have also been conducted on the relationships between coal characteristics and airborne dust concentrations in mines (Organiscak et al., 1990). Yet, no reliable method has been developed to rank coal seams according to their respirable dust generation potential. The conclusions derived from previous studies can be summarized as follows:"

Dec 1, 1996

By Amauri Garcia, Rodrigo Valenzuela Reyes, Noé Cheung, José Eduardo Spinelli, Leonardo Fernandes Gomes, Rafael Kakitani

"The present research work deals with directional solidification (DS) of both Al-15wt.%Si and Al-15wt.%Si-1.5wt.%Mg alloys and further characterization of the related microstructures. The growth of refined primary Si and refined eutectic is well-known as positive in order to improve mechanical properties of the Al-Si based alloys. Alloying is also an effective method to strengthen the Al-Si based alloys, in which Mg is considered an important alloying element. However, lack of investigation regarding the effects of Mg on microstructure of these alloys is noted. So, in the present research work emphasis is given on both dendritic and eutectic growth being affected by solidification kinetics (V-growth rate and G-thermal gradient) during transient directional solidification. Experimental evolutions of microstructural spacing of both alloys have been determined which becomes possible to understand the effects of Mg coupled with the effects of growth rate on the final microstructural arrangements. A direct comparison of the tensile mechanical properties obtained for the alloys is also performed. It is shown by these correlations that the addition of Mg generally improves the tensile mechanical resistance with a minor decrease in ductility. Furthermore, the Scheil solidification path of the ternary Al-Si-Mg alloy was determined using the computational thermodynamics software Thermo-Calc, resulting in the following sequence of precipitation: Liquid-Si-a (Al)+Si- a(Al)+Si+Mg2Si. This sequence is compared with the experimental microstructure findings.INTRODUCTION Al-Si alloys containing from 4wt.% to 22wt.% Si comprise more than 90% of all Al-based castings. Parts manufactured with these alloys have a wide range of industrial applications due to their excellent castability, crack resistance, good corrosion resistance, good weldability, low density and high strength (Bray, 1976; Zolotorevsky, 2007; Reyes, 2017). Hypereutectic Al-Si alloys are widely used and researched in the automotive and aerospace sectors due to the low coefficient of thermal expansion, resistance at high temperatures, good wear resistance and high strength (Reyes, 2017; Tebib, 2013). Above the equilibrium eutectic composition (~12.5wt.%Si) the amount of primary Si particles becomes significant (Lasa, 2003). In the place of conventional hypoeutectic Al–Si, there is growing interest in hypereutectic Al–Si alloys as a candidate material for the high-quality engines because a higher volume fraction of silicon may bring about superior properties (Matsuura, 2003)"

Jan 1, 2017

By J. P. Weiler

The increasing use of high-pressure die-cast magnesium alloys in the automobile industry requires a better understanding of the mechanical properties, the microstructure, and particularly, the relationship between these two. The goal of this study is to first understand the microstructural features which control the mechanical properties observed from an AM6OB magnesium alloy, and second, to be able to predict the local mechanical properties based on microstructural features encountered in different areas of the die-cast component. The two main tools used in this study are spherical indentation testing, used on local areas of the die-cast magnesium alloy AM6OB to detect changes in microstructure and mechanical properties, and X-ray tomography, used to non-destructively investigate the internal porosity in a sample. The results from these tests are then used to predict the local mechanical properties such as the yield stress, the strain-hardening characteristics, and the fracture properties of the AM6OB component.

Jan 1, 2006

By John R. Keith

Keith, John R. 1968. Relationships of lead and zinc contents of trees and soils, Upper Mississippi Valley District. Preprint, Fall 1968 Meeting, Soc. Mining Engineers of AIME. Lead and zinc contents of elm, maple, and oak trees and of soils in which the trees grew were determined in samples from the Upper Mississippi Valley mining district, and from an area outside but contiguous to the district. The lead and zinc analyses of plant materials served to differentiate the mineralized and non-mineralized areas. Stems contained about two times as much lead and about 2-5 times as much zinc as did leaves taken from the same stems. Lead and zinc analyses of all soil horizons could be used to differentiate between the two areas. Soils at most sample sites in the mineralized district seemed to be more reliable than plants for geochemical prospecting and are a more practical sampling medium. Soil samples from areas with thick loess cover, however, failed to indicate the presence of mineralized bodies whereas tree samples from the same sites contained anomalous amounts of lead and zinc. It is suggested that in areas of thick loess cover plant samples could be used in prospecting for lead and zinc.

Jan 1, 1968

By W. F. Holbrook

IN a previous paper1 a method for the measurement of the comparative desulphurizing power of slags was described and data were presented covering the range of likely slags containing up to 10 per cent MgO In the present work the range is extended to include slags containing up to 20 per cent MgO, and the effect of temperature on 5 per cent and 15 pen cent MgO slags over the range 1475° to 1525° C is included The method used was that described in the previous paper except that some of the temperature measurements were made with a noble-metal thermocouple instead of a tungsten-graphite thermocouple Twelve-gram charges of 0 8 per cent sulphur-metal and 5-gram charge-, of slag were subjected to heating for 30 nun at a prescribed temperature The charges were analyzed for sulphur content For purposes of comparison, desulphurizing power is defined as the ratio of the percentage of sulphur found in the slag to that found in the metal Six slag and metal charges were made coincidentally in 5/8-in holes in a section of an electrode graphite rod One slag and metal charge was used as a control by means of which adjustment in the desulphurization value could be made for small variations in temperature and other factors For convenient presentation of the data, the slags are arranged in groups in each of which one of the four main slag components is constant Thus, the 15 per cent MgO slags are presented separately from those containing 20 per cent MgO SLAGS WITH MAGNESIUM OXIDE CONSTANT 15 Per cent MgO -The data on slags containing 15 per cent MgO cover a composition range of 24 to 50 per cent SI02, 5 to 27 per cent A1203 and 24 to 53 per cent CaO Variation in composition has been in steps of 2 per cent over much of the area Because the change in desulphurization power is generally gradual with gradual change in composition, certain sections have been covered m steps of 4I per cent and even

Jan 1, 1938

By W. F. Holbrock

IN a previous paper1 a method for the measurement of the compara-tive desulphurizing power of slags was described and data, were presented covering the range of likely slags containing up to 10 per cent MgO. In the present work the range is extended to include Tags containing up to 20 per cent MgO, and the effect of temperature on 5 per cent and 15 per cent MgO sings over the range 147.5° to 1525° C. is included. The method used was that described in the previous paper except that some of the temperature measurements were made with a noble-metal thermocouple instead of a tungsten-graphite thermocouple. Twelve-gram charges of 0.S per cent sulphur-metal and 5-gram charges of slag were subjected to heating for 30 min. at a prescribed temperature. The charges were analyzed for sulphur content. For purposes of comparison, desulphuriz-ing power is defined as the ratio of the percentage of sulphur found in the slag to that found in the metal. Six slag and metal charges were made coincidentally in holes in a section of all electrode graphite rod. One slag and metal charge was used as a control by means of which adjustment in the desulphurization value could be made for small varia-tions in temperature and other factors. For convenient presentation of the data, the slags are arranged in groups -in each of which one of the four main slag components is constant. Thus, the 15 per cent MgO slags are presented separately from those containing 20 per cent MgO.

Jan 1, 1938

By C. J. Sullivan

"The outlook for supplying the world's metal needs in the next twenty-five years is good, although in several cases basic costs are likely to increase with rising demand. Metal prices calculated at a constant dollar from 1900 to the present show that for nickel, copper, silver, lead, zinc and tin, prices -and presumably production costs -fell from 1900 to the early 1930s. Since then, they have generally risen, apparently reflecting some depletion in relation to demand. This tendency has been accentuated since the post-World War II adoption of managed, full-employment, growth economics, which have resulted in a sharp escalation in world demand for metals. (Abandonment of such policies, apparently now under consideration in North America, would, of course, affect the pre-dictions of this paper.) Nevertheless, metal prices generally are still below those prevailing in 1900. Exploration potential exists for disseminated ores of many metals still thought of as characteristic of lode and vein deposits. These include uranium, silver, gold, tin and nickel and, to a lesser extent, lead and zinc. Considering the discovery potential for some principal metals in relation to expected demand and prices, I would tend to rate them as follows: molybdenum, zinc, lead, uranium, silver, gold, tin, nickel and copper."

Jan 1, 1970

By Ralph Sherman

IN these days of intense competition for the domestic fuel market much is heard of the low efficiencies with which solid fuels, and most particularly bituminous coal, are burned in domestic heating equipment. In contrast to the every-day operating efficiencies of 85 and 90 per cent in large, central, electric-generating stations, efficiencies of 50 per cent and lower are cited for the hand-fired home furnace. Just as the miles per gallon of gasoline is only one of the factors that determine the cost of operation of an automobile, so the thermal efficiency is only one factor in the cost of domestic or other heating. The purpose of this paper is to analyze the total costs of domestic heating by various fuels and types of equipment, to determine the relative importance of efficiency and other factors, and to discuss what this signifies relative to the future of the use of fuels in the home.

Jan 1, 1933

By John Dodd

Corrosion studies in laboratory ball mills and grinding environment simulations produce corrosion rates and total metal removal rates much lower than those recorded in operating production ball mills. The corrosion component of ball metal loss in commercial mills represents less than 10% of the total loss expressed as micrometers/hour of exposure in recent USBM tests. Such small absolute losses are consistent with ball metal loss measured in production ball mill marked ball wear tests to determine effects of corrosion and abrasion resisting properties of alloys in operating mills which indicate that metal hardness and microstructure determine relative metal loss rates of a given situation. The combination of ore characteristics and grinding process dynamics determine metal loss severity. Alloying for corrosion resistance and modification of the milling corrosion environment yield relatively small metal loss reductions. Alloying and heat treatment to produce high hardness and microstructures of high carbon martensite and for cast irons, M7C3 carbides produces the lowest metal losses in typical wet grinding applications.

Jan 1, 1984

By D. J. Dunn, J. L. Huiatt, T. E. Norman

Corrosion studies in laboratory ball mills and grinding environment simulations produce corrision rates and total metal removal rates much lower than those recorded in operating production ball mills. The corrosion component of ball metal loss in many mills probably represents less than 10% of the total loss, judging from AMAX experience and recent US Bureau of Mines (USBM) tests. Such small absolute losses are consistent with ball metal loss measured in production ball mill marked ball wear tests to determine effects of corrosion and abrasion resisting properties of alloys in operating mills. These indicate that metal hardness and microstructure determine relative metal loss rates of a given situation. The combination of ore characteristics and grinding process dynamics determine metal loss severity. Alloying for corrosion resistance and modification of the milling corrosion environment yield relatively small metal loss reductions. Alloying and heat treatment to produce high hardness and microstructures of high carbon martensite and, for cast irons M7C3 carbides, produces the lowest metal losses in typical wet grinding applications.

Jan 1, 1986

By Garston Blackwell

Abstract - During geostatistical estimation of block grades, the kriging process produces a measure of error, the kriging variance or the kriging standard deviation. Estimation of the block error depends on the semi-variogram model for a deposit, which reflects fundamental characteristics of a deposit such as (1) nugget effect, (2) range of influence of grades, (3) different local spreads of data as a function of average grade (proportional effect), (4) nested structures, and (5) underlying anisotropies in the data; this model may be affected by sampling or assaying limitations, however. Because the kriging error incorporates so many features of both the deposit and data to be used for estimation, it may offer a substantial improvement on block classification over traditional procedures such as data density. Practice indicates that the relative kriging standard deviation (RKSD) is particularly useful for block classification in measured, indicated and inferred categories. Plots of RKSD in plan and section also can be used to demonstrate where extra drilling and sampling would be most advantageous for upgrading the class of some blocks. Moreover, the use of grade and RKSD filters can show where material near cut-off grade is poorly defined, indicating sampling target areas to improve block classification in the vicinity of the ore-waste boundary.

Jan 1, 1998

By A. G. Loomis

METHODS for measuring relative permeability as a valid function of saturation were compared by the. Bureau of Mines, using core samples from representative oil-productive California formations, from the Bartlesville sand in Oklahoma, and from synthetic samples. Measurements for gas-oil systems were made by steady-state dynamic, unsteady-state displacement and two stationary-phase methods. Measurements for water-oil systems were made by the unsteady-state displacement method. As the ratio rather than individual relative permeabilities is measured by the last method, three methods for calculating individual relative permeabilites from their measured ratio were compared for gas-oil systems and two methods for water-oil systems. Errors arising from capillary discontinuities, such as the end effect and stabilized-zone flow, are discussed and evaluated; possible errors rocs arising from turbulant flow are also examined. The inapplicability of non-steady-state methods for water-oil systems that are not definitely oil-wet is discussed in detail. Measurements of relative permeability to both gas and oil can be made quickly and accurately by the steady-state dynamic method when rates of flow of the two phases are sufficient to minimize the capillary discontinuity at the outflow end of the sample. At such rates relative permeability-saturation measurements are essentially independent of the rate of flow. The steady-state method wits modified by a dispersion section at the inflow end of the sample acid designated tie dispersed-feed method.

Jan 1, 1962

By Michael Wieland

The work principle from thermodynamics is used to model the shock and heave for explosives shot in rock or under water, with the latter compared to reported results. The work principle utilizes restrictions and constraints to yield a representative fit to the irreversible (natural) shooting process. The reduction of the internal energy of the reaction-zone yields the total expansion work (TXW), the resultant sum of the rock/water shock and heave. The restoration technique of forming a closed thermodynamic loop yields the reversible mechanical work (RMW) or the rock/water heave. The residual work that remains when RMW is subtracted from TXW yields the irreversible disorder work (IDW) or the un-dissipated (without loss) shock in the surrounding rock or water. The work principle renders an unequivocal relationship for the shock-loss factor, rather than the traditional roundabout formula for correcting the underwater gauge-shock of un-modeled explosives. There’s a novel heave-ratio factor that unquestionably rates the fit of results under comparison. Rock-shots are more complex in nature than underwater shots due to rock fracture and stratum rupture, though numerical resolution is worthwhile. The proposed rock-water-jelly (RWJ) model yields rough estimates, with rock-type results not wholly different from their underwater counterparts. Though reported underwater shots reveal shock and heave trends with respect to charge formulation ingredients, there are no such rock-shot results for comparison, since the relevant test measurements in rock remain difficult, if not intractable.

Jan 1, 2007

By C. I. Godwin

"The relative-value (R-value), discrimination-factor (D-factor), and vector-ratio (V-ratio) method (RDVM) provides a geological knowledge-based statistical and geological-genetic interpretation scheme for geochemical data that enhances discovery in geochemical exploration. The practical advantage of RDVM is that it synthesizes geochemical features geologically related to ore-deposit discovery in three steps: reclassifying element concentrations using log-probability plots into R-values; calculating geologically defined D-factors from R-values; and determining V-ratios. D-factors are the sum of R-values, divided by the number of R-values summed. Based on the analyses selected, D-factors mimic rock or mineral deposit signatures. V-ratios refine interpretations of rock type and vector to orebody locations.RÉSUMÉ La méthode de la valeur relative (valeur R), du facteur de discrimination (facteur D) et du rapport de vecteurs (rapport V) (RDVM), fournit un schéma d’interprétation des données géochimiques basé sur les statistiques et les connaissances géologiques et la génétique géologique; ce schéma contribue aux découvertes en exploration géochimique. L’avantage pratique de la RDVM est qu’elle fait la synthèse des caractéristiques géochimiques reliées géologiquement à des découvertes de gisements de minerais en trois étapes : une reclassification des concentrations des éléments au moyen de courbes de probabilité logarithmique en valeurs R; un calcul des facteurs D définis géologiquement à partir des valeurs R et la détermination des rapports V. Les facteurs D sont la somme des valeurs R divisés par le nombre de valeurs R additionnées. Selon les analyses choisies, les facteurs D imitent les signatures de la roche ou des gisements minéraux. Les rapports V peaufinent les interprétations des types de roches et dirigent vers des emplacements de gisements."

Jan 1, 2016

By Marcos Vinícios da Silva Cavalcante

O processo de um forno de endurecimento de pelotas cruas tipo grelha móvel baseia-se na queima de esferas, aglomerados de minério de ferro, acomodados no interior de carros de grelha que se movimentam com certa velocidade através das zonas do forno. Neste tipo de forno as pelotas cruas são queimadas predominantemente por convecção por gases aquecidos via queimadores instalados na zona de queima. Estes gases quentes passam por entre as pelotas com uma velocidade, densidade, viscosidade e temperatura tal que garante a secagem, a sinterização e o resfriamento das pelotas enquanto são movimentadas dentro dos fornos. A permeabilidade de um leito de pelotas é uma função direta dos espaços vazios formados pelo empacotamento destes aglomerados esféricos que o compõe. Este estudo validado na linha de produção teve como objetivo relacionar os espaços vazios com alguns parâmetros de controle operacional usuais na indústria de pelotização e associá-los a qualidade física, produtividade e ao custo de produção.

Aug 16, 2017

By Gabriela Lemos Lages

Os parâmetros influenciadores do processamento mineral para a concentração magnética, como granulometria das partículas, fluxo de alimentação da polpa, susceptibilidade magnética, atuam de forma conjunta em uma planta de beneficiamento. Foram analisadas amostras de polpa contendo sulfetos de níquel, cobre e metais preciosos em seis amostragens objetivando medir a eficiência de um separador magnético de tambor de 750 Gauss em um circuito primário de britagem. O rendimento do equipamento na planta industrial foi comparado com os parâmetros medidos em laboratório. Os resultados obtidos da granulometria médias das partículas da polpa para 80% e material passante (P80) foram: 150 µm, 300 µm, 163,6 µm, 146,1 µm, 287,5 µm e 164,8 µm, e a taxa de alimentação do circuito variou entre 30,2 tph e 55,2 tph, com pressão de lavagem média de 1,0 kg/cm3. As amostras foram submetidas ao balanceamento metalúrgico utilizando o software Bilmat 9.5, após os resultados dos ensaios de caracterização: ICP-metais básicos, Satmagan e LECO-S. O percentual médio de recuperação magnética do laboratório foi de 80,1%, enquanto na planta a média foi de 96,38%, com a eficiência da planta em torno de 20,8% superior à recuperação magnética em laboratório.

Oct 30, 2017

By Rodrigo Galves De Lucca

As tendências do mercado são de utilizar tubos com maior resistência e tenacidade para a temperatura de projeto. Resultados obtidos em testes de laboratório para diferentes ordens de produção e graus, a partir de testes de tração de chapas e tubos, juntamente com a quantificação microestrutural, proporcionam uma oportunidade para melhor compreender e quantificar a influência de cada fase sobre o comportamento das propriedades mecânicas do material. A presença de maiores quantidades de ferrita acicular/ferrita poligonal, em vez de ferrita poligonal/perlita, geram um aumento das propriedades mecânicas durante a formação do tubo, bem como uma forma bem definida do comportamento de tensão-deformação, o que é benéfico em aplicações de strain based design.

Aug 8, 2018

By L. Sahu, S. Bhattacharya, S. Dey

"An ideal procedure to determine the limits of flotation-based separation, as is the case with washability analysis for density separation, does not exist. Therefore, a procedure called release analysis, considered to be the counterpart of the washability process in density separation, was developed to evaluate the flotation characteristics of coal fines. Since flotation is a complex process it is necessary to know the maximum recoverable yield that could be achieved at a target ash level and what could be obtained by release analysis. Due to a number of limitations in the initial procedures, modifications were recommended by various researchers to generate an optimum separation curve. This paper presents a review of, and a discussion on, the chronological evolution of release analysis methodology over the decades. Notwithstanding the availability of a standardized release analysis procedure, such as BS 7530, the paper highlights the critical parameters involved in the procedures, such as coal type, feed characteristics, choice of reagents and dosage, operator bias, and design features of the flotation cell IntroductionCoal is a heterogeneous substance consisting of various combustible constituents (macerals) and associated mineral matter. The kind and abundance of the various macerals present in the coal, such as vitrinite, semivitrinite, exinite, and inertinite, determine the type of coal. As macerals are formed by biological degradation of different parts of the plant material, they have different properties based on their original composition. Coal cleaning processes are dependent on the differences in physical properties between the coal components (the macerals) and also between the macerals and the mineral matter. Thus the cleaning characteristics of the coal might vary from one type to the next. The cleaning processes influence the distribution and the concentration of macerals in the various size and density fractions of the cleaned product."

Jun 1, 2019

By Sanchita Chakravarty, Sumantra Bhattacharya, Divya Jyoti, A. K. Mukherjee, Soni Jaiswal

"Release analysis is independent of collector and frother dosage and type, but it is primarily influenced by the degree of liberation or “state of release of the sample”. The shape of release curve is an indication of the degree of liberation. This paper briefs about the effect of reagent combination, particle size and surface characteristics on the release analysis of difficult-to-clean LVC coal.Release analysis of three LVC coal fines obtained from two different coalfields of India was carried out at three different size levels such as -0.5mm, (-0.5+0.1) mm, and -0.1mm. The collectors used were n-dodecane and commercial diesel oil. Incomplete liberation of coal fines even at a size of -100µm, corroborated by photomicrographs of ROM and clean coal macerals, in a great measure reduced the flotation-based cleaning potential of the fines. FESEM images of fines reveals that the adherence of ultrafine onto the surface of relatively coarser particles reduced the clean coal recovery. The results obtained also appear to be coal, reagent combination and, particle size and particle surface specific. Only one coal indicated the liberation as is usually expected for -0.1mm particles with a reasonable yield of 65% at 18% ash. INTRODUCTION Froth flotation has a long history of being used to treat coal fines. Coal flotation is considered to be difficult, if the percentage of Near Gravity Material (NGM), i.e. essentially locked particles, in flotation feed is >10% [Aplan, 1993], which is usually the case with all the coking coal fines in India. The fines are rich in vitrinite, so valuable for coking coal. Unfortunately, there appears to be no standard procedures to determine the separation efficiency of froth floatation. Release analysis proposed by C.C. Dell in 1953 [Dell, 1953], aimed to determine the ultimate floatability of coal. Several other techniques had been proposed but release analysis technique has been considered to be a vast improvement over the batch flotation process [Forrest et al. 1994]."

Jan 1, 2018

By John F. Dougherty

Recently, there has been much debate as to the relevance of reporting financial results using the conventional accounting systems, which is based on historical costs, during a period of rapid inflation. In the following paragraphs , the symptoms, if not the causes, of inflation, its detrimental effect on the financial soundness of business in general and the financial reporting changes being advocated to overcome perceived weaknesses in the present financial reporting system in accounting for the effects of inflation will be reviewed. Finally, a course of action as a sound approach to the financial reporting problem will be recommended.

Jan 1, 1978