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Show Page twelve The National Enterprise, August 18, 1976 Helix Swaps Cryogenic Mentors Year Good Technology with Soviets Continued From Page Eleven sales would continue strong into October or November, but he couldnt predict winter business when sales traditionally slow down. The strongest contributor to the firms profits, Wootten said, was the Card Corp., even though it provided only $4.6 million to revenues. The company makes equipment for underground mining, ore cars and elevators. During the past fiscal year, Wootten said, the firm diversified and now is making equipment for coal mining operations. Its sales rose 25 percent over the previous fiscal year and profits rose 66 percent. This year, he added, the coal equipment segment of the firms business should be about 20 percent of total sales. WALTHAM, Mass., A unique Soviet American technological exchange program is nearing fruition with the delivery of two helium liquefaction systems to the Korovin-sko- e Shossee Ivtan (Institute for High Temperature) in Moscow. They were designed and constructed by CIT-Cryogeni- Waltham, cs, Massa chusetts, a division of Helix Technology Corporation (OTC The two 4.375, 4.875). systems fulfill a $350,000 ERDA (Energy Research & Development Administration) contract with the Argonne National Laboratories, gonne, Illinois. This joint scientific Ar- SovietAmeri-ca- research pro n gram is a cooperative effort between the Russian scientists and ERDA to develop MHD (magnetohydrodynamics) technology as a practical, highly efficient method of direct generation of electrical power using fossil fuels such as coal or natural gas. MHD converts the energy of a hot, g fluid (gas) into electrical current with a much higher efficiency than present conventional power generation methods. fast-movin- The U.S. involvement consists in supplying the superconducting bypass magnet system. The Argonne National Laboratories magnet will be made principally of niobium metal alloy and with supercooled liquid helium from the helium liquefiers. The coils of the intricately-woun- d CTI-Cryo-geni- cs & wtvie wiaiitiefr famt jcomfawtefr jcoffotae magnet must be immersed in liquid helium at 4.2K (a temperature just above absolute zero) in order to maintain a superconducting state where they consume virtually no power. The Argonne magnet and the CTI-Cryogeni- cs helium liquefaction systems be installed in the Russian 5 MHD system, the worlds first large MHD facilwill U-2- ity. A gineer CTI-Cryogen- en- ics accompanied the helium liquefaction systems to Moscow to supervise the installation of the systems at the U-2- 5 facility. A third CTI-Cryogeni- cs helium liquefaction systems has been delivered to Argonne National Laboratories to test the superconducting magnet scheduled for shipment to the 5 facility later this year. ' U-2- Miller Oil Marks Texas Oil Strike Texas Miller .52) has announced an oil strike flowing to tanks of oil at the hourly rate of 120 barrels per hour for four hours. On the No. 1 W. E. Beam, three miles southwest of Patricia, Texas, the flow was through a 2564 inch choke, and from open hole section at 12,110 feet, where 5Vi inch casing is seated, and 12,170 feet, the sidetracked total depth. Company president S. T. Miller said the drillpipe parted during a drillstem test in late June, leaving test tools and MIDLAND, Oil (OTC .50, For further information please call James Barrett , Chairman. Area Code. 208 356-4229. First Lombard Corporation Investment Bankers i Salt Lake City Idaho Falls 40-grav- ity drillcollars in the hole. Fish- ing operations were unsuccessful, and sidetracking began July 7. |