Hurd's Iron Ore Manual

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Excerpt from Hurd's Iron Ore Manual: A General Reference, Guide, Hand Book of the Lake Superior District With Values Based on 1911 Prices and Guarantees at Lake Erie, Method of Determination of Prices, Premiums and Penalties, Tables of Values and Statistical Data Simple mathematical calculations can remove the confusion and make the subject comprehensible. Nontechnical language has been used to explain the various steps followed in formulating (1) A method for the determination of prices, premiums and penalties, (2) a series of illustrative mathematical schedules, (3) reference tables of iron ore values at Lake Erie, for each percentage and fraction thereof covering all grades of stan dard iron ores of the Lake Superior district. The owner and lessee of developed iron ores of known analyses may see at a glance what his ore is worth and how to determine its possible increase or decrease in value. The furnace man is able to know in like manner what he will have to pay for ore under a wide range of prices and of base unit values. Time, weight, distance, measure, -money, interest, discount, have all been determined and reference tables constructed for use in calculations. It is hoped that the tables here presented will prove valuable when iron ore values are considered. During the study of the iron ore situation considerable data had to be prepared and many sources were consulted. The information was widely scattered. Everything of known possible technical or historical worth has been assembled, consolidated and incorporated in, or written for, this Iron Ore Manual of the Lake Superior District. The general statistics are introduced to show the connection and relation between the raw and finished products. The desire is to furnish those interested, especially heads of departments in general offices, mines and furnaces, a ready general refer ence, guide, hand-book on iron ore. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.