VOLUME XXX NO. 7 - Mines Magazine - Colorado School of Mines

W . D. Spencer, '04, of Portland,Oregon, J. D . Vincent, '33, ofHolden,Washington, and Leo A . Scherrer,'24 of Seattle, expressing theirregrets that they were unable to attendthe meeting.The following officers were elected :President—Axel E- Anderson, '04, Seattle,Wash.Vice-Pres.—Louie C. Rhodes, '20, Spokane,Wash.Vice-Pres.—R. Kenneth Burgess, '28,Portland, Ore.Secy.-Treas.—Daniel L. Beck, '12, Seattle,Wash.It was decided to assess members$1.00 per annum to defray expensesof mailing nature and chapterstationery, etc.guests,Regular meetings are to be heldquarterly, beginning on the secondMonday evening in September. Specialluncheon meetings will be calledby the president on occasion, and particularlyupon the occasion of visits toSeattle by outsidemembers.Members of this section are requestedto phone M r . Anderson's office,Elliot 3276, or M r . Beck'soffice,Seneca 2755, whenever they haveitems of interest which may be placedin the Personal Column of the AlumniMagazine.It was suggested that on occasionas the Vice-Presidents in Spokane andPortland should deem it wise, meetingsof this section be held at thesepoints for the benefit of members whocannot attend meetings in Seattle.President Anderson stated that itwas his ambition to visit personally,every member residing within the areaof North Idaho, Oregon and Washington.A n Entertainment Committee wasappointed, consisting of Messrs. C. W .Harkison, Edwin E . Bussey, and EricM . Smith. A . Publication Committeewas appointed, to be composed ofMessrs. D. L . Beck, L . C. Rhodes,and R. KennethBurgess.The general feeling expressed at themeeting was that the forming of theNorthwest section should prove ofbenefit to members and visitors, dueto the large number of travelersthatpass through Seattle enroute to Alaskaand points in the Orient. It is hopedthat visitors will make themselvesknown by calling eitherpersonally orphoning the offices of M r . Andersonor M r . Beck.in|uneVice-President R. K . Burgess wasSeattle on business the middle ofand was the inspiration for agroup to gather for luncheon at Don'sSeafood restaurant. Those presentwere E . E . Bussey, '97 H . J. Hilton,'10; A. E . Anderson, '04; R. K . Burgess,'28.M r . Burgess will organize thePortland group and also work withthe368boys at Spokane.P H O E N I XTwo meetings In year, second Saturday inApril and October. T. E. Giggey, "34,President; A. F. Hallett. '09; Percy Jones,Jr., '08, Vice-Presidents; E. M. J. Alenius,'23, Secretary-Treasurer, Box 2751, Phoenix,Ariz.P I T T S B U R G HS. L. Goodale, '04, President; A. M. Keenan,'35, Secretary, Box 146, Pittsburgh, Pa. Meetingsupon call of secretary.T U L S A(Continued on page 274)John R. Evans, '23, President; D. H. Peaker,'32, Secy.-Treas., c/o The Carter Oil Co.,Tulsa, Okla. Meetings upon call of secretary.W I C H I T AThomas H. Allan, '18, President; John T.Paddleford, '33, Secretary-Treasurer, 429 FirstNational Bank Building, Wichita, Kansas.Meetings upon call of secretary.u a itili o n —(Continued from page 342)The past inquiries of the scientistregarding structural control, magmaticdifferentiation, metasomatic alteration,weathering, electrical conductivity,mineral associations, paragenesisand others are now developingpracticalaspects and in the hands ofcompetent men possibilities,althoughnot measurable, are becoming probabilities.In my opinion the day ofmeasurablequantities of ore in placewith a "For Sale" sign on top areexpiring. The valuation of the futurewill be basedmore and more on orepossibilities and to a lesser extent onmeasurablequantities of ore and thesuccess of the valuator wdll dependupon his ability to read the geologicalsigns that research has shown do exist.Publication(Continued from page 363)ChairmanCommitteeBruce B. LaFollette reportedthat while the actual earningsof the publications are in advance ofthe budget requirements at this period,there was a deficiency in subscriptionsand advertising for the month of May.More advertising is needed to keepthis item in line with the budgetestimate.Book sales are advancing nicely andmany are discovering that we arerendering a valuable service.It is desiredto promote the serviceidea inconnection wdth this activity and makeour members conscious of the factthatthis department is able and willingto act as a clearing house for theirbookrequirements.The situation in regard for materialso, far this year has beengood but wecan use a larger variety of material toadvantage.Goodprogress is being made on theSpecial Petroleum Number for Augustbut some articles promised are veryslowcoming in. M r . Buell, who isworking up material, reportsthat wewill have an outstanding number thisyear;however, the actual size of theissue will be governed to a large extent,as usual, by the amount of advertisingobtained.Every Mines M a nwants to see this number an outstandingsuccess—so give us a hand in supplyingP R I Z E W I N N E Radvertising and material.Ted Goudvis of the class of '40 Is starling in first class manner as a Minesgraduate—one of the first things he does Is to read a copy of MINES MAGAZINEfrom cover to cover and in doing so [unfortunately for the editorial staff) he notes18 errors in the May Issue. The editors cannot agree with him on ail of the 18,however there are enough left to entitle him to the prize for that month, so tohim goes a free subscription to the Magaiine for one year.OXfORD HOT€Lo n D e n v e r ' s M a i n S t r e e tOne Block from Union StationSingle: $1.50 to $3.00Double: $2.00 to $5.00TILED TUB AND SHOWERSPood FamousCafe, Coffee Shop and Cocktail JCoungeJ. L. BROOKS Management W. A, VALLEEH You Enjoy Food at its Best You Will, Enjoy the OxfordH e a d q u a r t e r s f o r M i n e s M e nTHE MINES MAGAZINE ^ JULY 1940TREASURER'S REPORTCOLORADO SCHOOL OF MINES ALUMNIBUDGET FOR THE YEAR 1940RECEIPTSASSOCIATIONJune 30, 1940BudgetCoil.Estimatelo1940 DateFrom Accounts Receivable - - -- -•$ 2,423.32 $ 2,147.73Alumni Council - -- -- 200.00Capability Exchange - - - - 50.00 9.71pu'e^ I _ 2,892.16 1,744.00Entertainment Committee .-. - - 300.00 264.12Interest - - - - -- - 80-00 35 85Miscellaneous - - - 100-00 49.74Publications -.- - -- - 1^,100.00 6,056.79For Accounts PayAlumni CounBank ChargeInsuranceBalance beginning of budget periodIncome to date, budget period...-.Expenditures to date, budget periodCash on hand — --$20,145.48 $10,307.94DISBURSEMENTSPercentCoilecled19.60.44.849.742.950%CreditB.ilance; 275.59200.0040.291,148.1635.8844.1550.268,043.2151.0 $9,837.54Budget Disbiirseme nt Percent CreditApprop. to dace Expended Balance.$ 4,055.93 $ 3,954.19 97. $ 101.74200.00 87.15 43.5 112.8550.00 25.00 SO. 25.00150.00 24.35 16. 125.65400.00 317.17 79. 82.839.55 9.55400.00 161.12 40. 238.88100.00 97.77 97.7 2.23550.00 228.24 41. 321.76100.00 12.25 12. 87.75. 10,694.00 3,727.05 34.8 6,966.95480.00 240.00 50. 240.002,500.00 1,207.75 48. 1,292.25150.00 108.57 72. 41.43150.00 79.64 53. 70.36150.00 113.99 75.9 36.01$20,139.48 $10,384.24 51. $9,755.24RECEIPTSDISBURSEMENTSRECAPITULATIONAccounts Receivable, June 30, 1940 - - -$1,426,85Cash on hand, June 30, 1940 — - ^46.97$1,773.82Accounts Payable, June 30, 1940 - 1,289.42Net credit, June 30, 1940 — - -$ 4-84.40Net deficit, January 1, 1940 — - 1,209.34Net gain, first six months 1940 ....$1,693.74Respectfully submitted,GEORGE W. THOMAS,Treasurer.t 423.2710,307.94 $10,731.21T R A V E L T R A I L W A Y S T O A L L A M E R I C A . . . . TRfltLWflVSiSeeYourLOCAL TRAILWAYS AGENTorWrite, Wire or PhoneTRAILWAYSPassenger Troflic DepartmentDENVER UNION BUS DEPOT KE. 2291 501 17TH STREET, DENVER, COLO.THE MINES MAGAZINE ^ JULY 194010,384.24% 346.97367