The Iron Age 1931-01-29: Vol 127 Iss 5

he Co: ompanying HOMA Cincinnati Automatic National Accountants lepreciation ROW a authority accounting. Since 1922, has been treasurer the Cincinnati Planer ind treasurer hine Co., and auditor the Greaves-Klusman Mr. Frank has been active the the sociation Cost director that organization for the past Cost and tha rganization the three year has made special study the subject depreciation AND LOSS ‘4 IABLE I I> | i r dividend } ni Pron ! i NOt mtinuance + ) propel l | rund creat | | ‘ ) 4 | cost the product, but unfortunately, ear. custom and convenience have made What investor would put additional and their provision, through its accounts, for the must study con replacement property materials tion mine Depreciation Costs Another common error base de- the many methods preciation first cost plant equip- ment. serious matter for the manager find that the end its ind sensibl useful life, the replacement machine bought pre-war days will cost double the amount reserved for its replacement. Mr. Frank, this article, takes markets common-sense view depreciation that will interest all responsible executives. Reconciling Proper Depreciation Accounting with Income The Age. January 29, + F . property. For ex- ; X] a Iron eacl ma } liu be CONLTOHed D ! ni nati Sul ‘ nort i? rior + +} } iad ] la I } oTrner i i | rre ( il} } 0 | me auring ne ‘ tod nd ntpel ront ey it l id Ini a pl ling namel | q q 7 ‘ = | 7 — d | j | | ry | = ~ Fig. three batch-type electric vitreous enameling furnaces with charging fork: for enameling large-size refrigerator cabinets. Each furnace ft. ft. inside and rated 260 kw., 220 volts, three pha Aa. given metal products plays important part arousing the desire possess which such large part building consumer demand Especially this true when the product one for domestic use. Here the eye-appeal powerful sales factor. This article describes the continuous enameling refrigerator parts practiced the General Electric Co. The methods and apparatus described are applicable large number other products ~ ie I} Age Januar 29. 1931 4 a Inclined, heat-sealed, U-type conveyor furnace ft. long with control zones. for firing vitreous enameled refrigerator cabinets Erie, Pa., works General Electric Co. View shows wet work entering left side and fired work leaving right side. View elevated heating-chamber end 400 kw. inclined, heat-sealed, U-type conveyor furnace for enameling refrigerator cabinets | 4 378 The January 29, 1931 | > A On Whicn t! Dasses vn nooad, whic! ine Work xtend 1 Th ] t} ) ati Ope qaoor, Ip +} } ntal firi le NoOrizontal rin ur! na 0d of travel maximum the col rye a end, In 3—Inclined, heat-sealed, U-type conveyor furnace for firing refrigerator evaporators gown YR i convevor wi rt} nN nor Fur nace ft. long and fires from enameled evaporators hour The Iron January 1931 379 — evel above tne entrance or ex] } i} ron for the sheet w in. along the overhead each has tomat take that is suspended a Vertical hanger 1 WI il the ! lid st } rods whict in} t } tem} + ‘ rhe nve\y +} ik i ont at it t} +} rift i? lined iti? in ‘ +} | it “al ct mber. ron K h f } ‘ re cle +} ba ey t} 4 A ° — — pron ately It “he nclined preheating sect ! ‘ DOT tol ren eu +} » + +} | 4 sist Q jy of fir k and the iter wa , dential a my. d y GEORGE WHEAT wa 4 2. > > be & i — 4 an a | | f q q TY N + +} H W L y t a tm | il i ] \ it} them. each web of concyete being t! Oa Inder if aeptn ¢ concrec 7 ipl ! n ld When this was complete the brick' 4 was one the first, not the first, applica building homes, and indeed was but five ray years previously that steel framing had been any building Recently, this house was demolished, and xecuted were they that they would stand favorably, with modern | 4 The close resemblance mod buildin ught the phot above Note th yrched sin the upg to th left “a i a 4 complete steel floor frames Th niy we d 1 n the tog n ttom rails of th porch in the for round ves Me See > o = ~ o+E oo o q entec = ces 3 Wo « 2 .= 2 = ce UeoweE O S+ 4 AW } -— — ~~ —— 1931 January 29, The Age. i Lust racnlng I rogresses rivet hole + ‘ Modern Forging Facilities Improve Quality and Service 1880, the Herbrand Co. has grown with the progress the drop forging industry, developing its manufac turing facilities meet increasingly exacting demands for quality, service and economical production. Methods and facilities outlined this article include the lay- out and checking dies, trimming forgings, disposal long flashings and the handling dies and work within the plant ry rn? ()} ‘ ty t; ant deve ty, oo? feftern whethel ments t he at rving ndusti meet +) ror) ha nined tne ain ire | ‘ TARTING half century ago with small building housing rop hammers, the company has expanded progressively, its plant now comprising five buildings located mn a 25-acre <its The January 29, 1931 i | a nvenient form hand and are hand One these motor-dri vith the lony flash | flashing the windin mac} dlameter, i} make I it and Wil hil from bot} nad wheelbarrow throug] facam within the inside perform thi INVOLVE pul press puts machine th) vil t nto ont The flashing or! re taken to t} } where are kept separ other forms scrap; becau handle ton more than it would from the presses particle { peat i 44 derground tanks 20,0 pumped through tne mill tne ONG flashings from front axle forgings are rolled individually ] special winding machines located back the hammers. Scrap thus pared more convenient handle and commands higher price the storage tanl reventing the clogging dead end lines. Steam assure even temperatu during the coldest weather Ing department provided i ‘ + n rye | production and trimming presses The fron Age lanuary 29, 193] their I located bent k ot each ham roll ejected automat | machine that draw the abor inasmuch the a 3 | ; 4 4 q 7 | 4 7 | y —— side the heat-treating department showing the continuous type furnaces. Smaller continu ous furnaces, box, cyanide and other types are also provided. LECTRIC lift trucks have been installed for hand ling both dies and forgings. The high-lift regularly used for putting dies the hammers The January 29, 1931 d 4 wi +. 4 d 4 \ } = ‘ — it rie | iit rou SINCE qed W maded truck oth are used tor ger into hammers and presses. } W ith OXES forgings are handled means the Space the shipping room electric trucks conserved nesting the loaded containers. Some these have bottoms, being built sections that ire held place uos > the side the boxes onvenilent ssibl forgings and place much ret ry } {i on ind al k The box cars e to pick up a tote euse and than with the methods hand ploy ed by the The battery chars comp: department charging tables which the trucks when batteries are charged, reserve while truck is that the used the trucks both may night simply changing batteries. batteries are special hat a 16-cell batter made into and place the there teentn cell + being meter; this battery has its own ter which always stays with the battery, thus assurance before the charging charged platto and the condition the panel for the and while the eve mit } rry ire being charged ire protected wooden cover, the which pose oft the clean and shows all avoid danger ircuit caused met piers from which around form definitely without dang the pickling depart the acid shipped discharged inte handling avoids ‘ | + } ted, it is I | ‘ 4s it} 4 eld ft i = | | Su 4 | ‘ted 7 » «as ] q ‘ | | | e 401) The Iron lee, January 103] Inspecting Steel Strip Magnetically SHEFFIELD OMPARISON the magnetic properties steels with those plicati established standards provides testing the con ticable non-destructive test, according mercial field the author, whereby accurate knowl- metallurgy edge the physical properties can obtained. nish precise and consistent means relat comparing materials, and this method finding practical use commercial in- spection and process control. firmly established. ‘eful detailed rk ha wrvwvyv investigation rrelat propertie najor mplexity bein nsitivity magnetic pre slight aln or ri tur tor affect the 1 t pi | - has been very difficult one | | imm | Nol Fig ] A ran t bars, billets strips for uniformity and fluence general characteristics. Solenoids Nos. standard specimen known character k istics No. 3 The January 29, 1931- ~*~. YN recent ears the ] rel bus thy ‘ ap atiol Al “a Cu rit IT} retary rit mrir ‘ } he that i bia Tl + nemical al ru » a = 2n7 38 ‘ » — \ \ ) ~ | d ‘ J 4 7 j \ \ | \ | ] | | 7 microstruc 4 +} +3 4 x ~ - Complete Unit Des * ry trie \ ] : > A ‘ ee The lron Age Januar 29. 1931 tH > ual J Strips Compared Magnetica tict ‘ 7 ‘ | — > | | | . > = > | y maid a tom Pir + | q esting Hardened Tempered Steels | T = ~ ~ ~ ] i rrYring in ¢amnoringe lron Age, January 29, ~ Fig. and the other illustration page Oscillograms four specimens strip steel tested against standard. Microstructures verify the accuracy the magnetic indications t ‘ 4» etu Separation Mixed Lots t +i» 4 Compared tn ‘ ne two resi Iting 1] That this condition must exist I SS1Veé Lora i } 1, 1) ral 1 I must I ad } i\t the onclusions +} +} — — — ~ The Tron January 29, 1931 | { | ‘ | \ | | | \ i! ns i \ | \ j } \ } ‘ ‘ / ry | i | | | 5h flat large uniformly fir ished OTOR DRIV rotary-feed which wor — 4 + Cc = 3B Om YV ~ + + + ~ > ; a i | — Economies Effected Using Steel Grit for Sand Blasting Dy WAL ER SORROW cabinets designed neers, one which has extension the rear make suit- able for finishing long rods The Age. January 29, 1931 —— — The January 1931 \ 1 +} equly ( ( ; TY eves and other equipment compan engineers laid out efficient methods handling and designed special blast thnell part cular which aut eel grit over and again without also have instal ment one tilted mill for work ameter gravit eed rotary table ANGBORN opr sure-feed, motor driven barrel for larg work. i i Lit nes, eaning system eclain trom floor near the the nand finest small ind work inserted the I nve-rubber curtains and held by the mixture grit and air inch strikes the exposed hau tem the dust lamps One filling the cabinet sts from three four weeks and, cou dust from the grit present the out phere render the working conditions grit the cabinet automatically means air pressure and gravity. the whole plant more healthful place which company points with just pride. anart ( | | | | hy} ‘ } } } nan qu ‘ t hy, oy ] nr juced tir and nd ee] a +} nd , laste i fron three t four y | ated 7 — Typical Installations Coreless Induction Furnaces OME modern installations the coreless induction furnace melting cor for melting steel are discussed Dr. Northrup this, the third and last article the series. Several classifications for the practical and economic melting metals with this type furnace are pre- Installation sented. Its usefulness re- fining furnace and ladle covered. The author’s views the future industrial melting con- clude the article. comprehen- Stellite, sive bibliography appended. pion 1931 +} ‘ ner nal ay i l a l i f ii ae oy amueé ) idl ] ny nt t { nt ot +} omnar an pa I vit 4 a nt for re noe et for transt et rt rit rrié ‘ +} ‘ Ste) } f treat, +h, Ver ; thes rel nductis f i rie eve ‘ Early sign high-fre plant Amer ican Brass quency furnace pouring nickel-silver ew an 1931 fee. January 2 Tron i he the Lebanon Steel Co., nate ind are powere I ‘ aa i ai ‘ | 7 l 10) ) referres | 1 tl istome} Pros I | ! quid Torm | January adl Iron The Detroit. O08 tend i ( i ‘ r ( ‘ } use the Hoskins ] Fig. high-fre- quency furnace = | ~ J q f ot Pe: Vantapre | | t f ired dit \t t ‘2. oa 1 Tron ‘ re \ il. \\ \ il a are — The high-frequency furnace pouring 1100 Ib. rustless steel. 000 649 adle into intimate ‘face the slag which irring process, the met ny tne Iter Surtace lt tne Bureau o M I} inclu Is Ss, wne na not returned tf t the metal rapidly than would kept particles ascend milk Chemical reactior tie are also made very rapid nto contact wit} the rbon content chrome ry] wWwiny hot all while the metal bein Is tO speak to br ny stead blowing air throug f the Be ssemer proc way from chrome steel, hig! +] less steel, soft enough incident the extren induction furnace. 4 : | it under the lower surtace of the ‘ t ting lag met irgist for Ajax Electrothermic meta wit sulphur, Neuhauss made this was rolled into sheets and drawn into mpurity removed must writer has wish express opinion the con 29, With such opportunities for refining ste desis natural make the inquiry: Why not pour all steel directly into high-frequency furna lad function are irpe enough to take the whole Be emer hen with lime slag rapidly } is? It suppos ad tt t poured tly from the ref would clear and fre Glance Into the Future Industrial Melting }2 D\ ign-Trequel rat ] ty ] nea ite elt rical tT J Id ) a e@!l l¢ eV e | ( nm trequencyv ine Tio! + YY } | ; re and more l f nil Fig. used Babcock Wilcox for making steel castings The Age, January 29, 1931—399 roduct could fabricated direct from thereby eliminating chipping and ndling ~ ~ he ¥ | | nr | t ( ted at the core MIPOSILIOT I not Impair tne } iT 4 YY)? e () aiid, i i + (il + \ mal I ind the re¢ n Ia m educed, e.g., In steel Fi nT F t } \ | | A t he tatic tests made it the above steels. ‘ < ‘i ‘ | | | q ; q | lhe fer ry 2Y, 193] 4 ITRIDING raises the fatigue limit considerably steels showing normal fatigue limit when not nitrided The extent the increase depends the kind steel and also the thick ness the nitrided zone and the core Failure nitrided specimen, due fatigue, always starts from internal point, located the core near the nitrided zone. This abstract from the German furnished Dr. von Heydekampf Southwark Foundry Machine Philadelphia The tested by the Hengstenb Firth Hard ro January 101 ‘ q 4 an ‘ ‘ te) KA 4 “Ad ec LHE IRON A ‘ Modern Forging ALCLILLICS nNtinilol ulator netic Hydraul Electrode Mag CLIFFORD LOEB Furnaces y > — ’ t |= 7 | ‘ | » 7 va ‘ q i | 7 | sy ~ | 4 — rr regulator n nt cle pe f | illy designed | | nder pre ire, main A 4 i | | ry? teqd t ‘ tory feeding t | | : f 4 JQ a rr Tir ‘ ‘ 4 owe y 7 t ‘ rn? Drawing the whole device necessary for three-phase furnace The January 29, 1931 ey throug} ey } } i i Fig. ment three-phase furnac gether with hand apparatus \ 1 + * | | | | } | | | | | | ; : | | In th 7 105 lanuar é + | } F | | | | 4 | { Pressure Die Castu Aluminum Bron ( | | | ‘ | + | | | ] { ru ‘al | i > { Abrasive Grain Simplified i i | tor wit Practice | { ‘ j J | +} | ] Belt, ‘ January HIGH-SPEED COINING PRESS DISPLAY NEW FEATURES Ohio, lac ing the market new coining presses designed r hot cold presses are eight Varving weight trom 19.000 \ le fron the treatures of design sh A t! I] istration may be mentioned a mate rtening the distance between die seat 1 ift due to the incorporation, in t yatented over-arm slide truction, daeve oped by the company for the forging machines shortening stiffness his construction also permits lerable increase the length, giving t tana -< t pre sure con provided thro ne ee IS ided ith \ ring re fitted upper main bearings support the eccentric shaft directly next the side faces the eccentric, and close the enter line the load. The lower half the bearing housing supported the bed frame tapered wedge block, pro viding adjustment. There are but three bearings the press between the source power and its application HIS view the eccentric shaft, pitman and over-arm ram the illustrates the measure strength and rigidity which the makers have built into the machine. These parts are assembled one-piece cast steel frame. Four huge tension bars, shrunk into position, place the frame under initial Compression F ‘ rd 4 7 7 Ai oe M Tittin Ot ker wy. ‘Nat Movior | j j | f ‘ j ‘ _ The lron 29, 1931 - a —. oy : A > - > 4 i > 7 | ~ re > a 7 ~~ = =~ — y 4 | | | ic t i | | ~ q 4 7 x = ‘ir 7 > a { f Designs Machine for Sizing and Straightening Welded Pipe L E * LY-WELDED sized and time straighten of t series nin rolls. The rang liameter Hollow Mill Equipped with Blades 5 ‘Ss | 4 Say y 3 = = - | | . | | | | | \ ‘ ] q + | ‘ P | j + | ~ — ~ — ‘ ~ ~ — ~ wad) ~ Small ™ | 4 | = >. | a 7 74 3 7,4 — 109 Janwue ’ eT ‘ 4 ~ yy ~~ 4 gil 7 ilies — i | t > —_ id A ~ > = ~ ~ ~ \ | j ~ Sf ~ > ~ ~ dead ~ = ~ 4 t entire an I applicat e, respec 1 af har | (i ¢ nay i +} ng tne th th ( 4 if blad } j > dj \ 4 & 1 \ Point 4 Index Appears Near 4. a, ‘ ba. De ‘ \ i | 4 ] ] J ~ j 4 4 7 } The January 29, 1931 Bins — 5 ~ ) j \ ™~y | ~ \ | | | | 1 } | ry 4 | i } i e > kag Shrin ill Not Enough Facing | | ] I { ‘ t | tT? sides as fT yields mar’ thy . | | t i | | { | ‘ ‘ r t r ac t > | ‘ T 1 rhe} The lron Age lanuary 29. 1931 $13 : ’ — = — ‘ tea nm re ada ‘ t} ent det atiol not olume Shrinkage bly Distributed We | | J | | ‘ | | : | . | | | | q | . | Steel Ingot Production RESENT Rate Estimated Per Cent Automobile Shows Further Output Increasing Scrap Weakens Pittsburgh and Improvement Chicago ( Lr ll { ] e | ) t 17 ney « ‘ mal] | t + ‘ ‘ + ‘ e Ful 1 @y The Iron Age, January 29, 1931 415 | - ( na | \ ts A 4 i AL LOMOBILE i ] (le ‘ Cl a i ze PITTSBURGH Iron January 29, 193] ‘ 4 Orders Orders tor steel have 1ed recent improvement, rate str t re ins at about its for eeK, per cent. schedules tin plate rail are ex- accessories ] | 4 inding Sligntiv. meiting scrap geciines j oderat tely absence mportant DuVving. Semi-Finished Little Further and Operations Have Gain a i i a A ; A Bars, Plates and Shapes tI yer at ar irs, alt igh the Cold-Finished Steel Bars + pal | Rails and Accessories 7 4 ‘ ‘ t< q ished steel price Structure remain 1 Hem emains steaagy and firm. Pis rig | 2 q | : 4 2 17.50 ent makers are improving, ‘ tomobile tonnage is holding its 0% ents The past week was the best al ] a Tnev nave nth. wit} ot ast two makers. i a t erat ns are not above 40 ne F Market Prices Date, and One Week, One Month and One Year Previous, 4 Ba Old Materia 1.75 (Coke. Connellsville, Vetals ay i im} Ww ‘ Rails, Billets, Ete., Steel, I her Pi Goods & | Lo Snot I Ea T \ nt Buttwe pit 4 ut + tivl during January and Febr mprovement t ( S tne a y her pr ect certain tubing re active and there f le? es Wire Products Improvement Comparison Prices Advances Over Past Week Heavy Type, Declines Italics Finished Steel ‘ i ] i nte il An vn rnt } age ] ito! ‘ t arg ake er ts ed field ind t r har their ( e¢ 4 } ie The Iron Age, January 29, 1931 ~ + = 5 i keg. while brig | late i al The r ate est running at t at ‘ i’ err ing Is ly bans ‘ al my} rit ‘ 4 I On + ‘ 4 f tr te no requirement Oiner at a at er eT re IRON AGE COMPOSITE PRICES Pig Iron Steel Scrap 14 | . Detroit Scrap Unchanged I i Littl cl ted rap until there buying. Aut rap ire the largest ind are ruary. } eho e Pr ‘ fob Pitt hurel é per Advocates Modification Repeal Sherman Law Ry iif <A nsumptior nd to sta 1 ror I ~ t oY acy I ( lege oft the Cit Jan. 19. Speakir + 9 ntea » the na ile thine ) lla 1] q q | 7 | | q | ‘ | > | | | i j | | | 7 { Iron Age. January 29. Vi ‘ nade the week incre ner In t tl it out ‘ to 49 p Slowness « rig’ nanuta Chicag 15.0% reel ane oars 7 vs ifes farm Ing and equipme irding ‘ afr SOOE Lik y\4 The id Tee is il Tron January 29. ) Speciticati Ch, » (; 1? at if Wain rtrher rains in ed, Derations soon tur ipsence { ad nt ob ret Ost fake tor ictural | 1) Al to | ne ( is | Ire mn | | ( | f ‘ +} | l | Reintoreing Bars nas I na Take! ) a t a gross ton Bolts, Nuts and Rivets | is a tor elow the grade There are il ist ‘ oft tne (nicag scrap ‘ the first place, most deale { ; hopetu iooked to tne first demand. They accumulat have not started the are now being for Sheets late oe paratior ind mover! Wire oducts Cc} » distr ‘ Per G se +} ) n ft Hea Grad a i é pt na tche ind gu | 4 ‘ i tires harg. box ‘ 12 f st} 12 f\ + \ Heart? rrades r 1 kr le ] t irs I ra ] Grade no r ss than ft 12 t . ess than 2 ft ] Warehouse Prices, Chicago Malleable Grades ‘ *R ra 6 60 lt 9 * Re ra t ] and Per Net Ton Output Rolling Mill Grad | sheets N { { 47 he t i? ‘ u ht 8.75 t ‘ 4 { { t r l railr id ca t t x t r st é plate t 60 and 10 mrate irs a la tel are ted f.o.b dealers ya 120 The lron Age. January 29. 193] 4 +t t ne + easonal expectations, and Old 5 t ast 1 part. Als I et that miter rehace ine ntributing factors in the irade 1.7 3 CLEVELAND rain va t nel plates rar i e of ne } e indust? etter than last ere + ] alt pe if’ nt ] i re i ne pre eT rel quite i? i ( a lers + ? gepieted ] < report ec n orde ) While +} neo ( rT nt é int roce f | ] ! cal Dial opel +} l ee ne i? onen.-} = i iKl? ( I Lal are pera ent I Ing Capat \ \ ! «a a Ther ria or ? er ? n i } ne ttle con if partlh ne ere ee! ant at Ir Pig i I nat perations, and pigg ll ent nile no é ] j ( N 4 ) ar ike ist ng thy a Vot a rease I ait nler R A ‘ ‘ al i nterest { T rr ependaling nt 1+ Lake na i eable Sheets Strip Steel VW Bars, Plates and Shapes Der Rails Demand for Some Steel Products Continues Show Products The ige. January Slow Gain ‘ | wire ‘ } I ( ‘ ) ‘ and ¢ rie “ave rained light ime ‘ \\ ‘ i tal i ‘ exee th are I ( ld t ed eve t? i nad na i a ‘ T re i 1 } | i, ‘ es ne ‘ H t nt ‘ te vette ewha ‘ W } ent t 6.8 to nace D> The Iron lanuar Feature Steel Sales 4500 Tons Business f Pipe wer { j \ / \ i Bit ‘ ti ‘ «t ‘ 7 q i > i \\ 4 oke | thar > 4 ‘ | J | A i) i + ¥ om 2 PHILADELPHIA A \\ Sheets Steel Bars Body Builders Prices The Age. January , 11 ry re J i t na Nlat rial Reinforcin Business 800 Tons izable Only Awa n < - = = ~ ~ ~~ ~ ™ > = =f - ~ = ~ . ~ ~ tee 4) ibs ] tt \\ cast ory for trict ases Quolvalions are than nominal ner ton deli . rar ra ron ‘ 7 | t | elt i ma nhapes, bars and neets Na Nee! Gia & Cokes py nting The favorabl react al i Ota exception, tnat ) I y m} pera | 4 Shght Plates Ware hot Prices, t.o.p the Gene 1 } ( than 100 tons Shapes i | t t ce entel | Warehouse Prices. t.o.b. San Steel the B hy +) } }? ( Pipe B iron r ma TS . i \ ( { t 100 Old \Nlaterial Rive The Age. January 1931 i*y ‘ f ~ olin = 4 margin since the first the The treneth of price the healthiest feature of t | ina 4 | 7 AA ‘ | \\ \\ r | ‘ | | | I 4 +4 ile | } | 7 ‘ 4 ONT ‘ { q t H.00T The ige. January 29, 193] Pipe \ f . 11 ‘ ) ( | r Pabricated . } + Steel , ‘ } + S tap ] } ere ( ist Pipe Wareho e Price f.o.b. Boston ’ Bethlehem oneet Pubs isc J ome Gray Castin Gained Decemb . — pad rr — Sheet Bars ibs ces Raw Material $8 releisen Ferrosilicon Bessemer Ferrosilicon Jackson County, Ohio, Furt $ Silvery Iron | t Tach County, O} I Other Ferroalloy oO! B INUTt Rivets 1 Materials, Bolt and Rivets Wire Rods } Fluxes and Refractories Fluorspar Fire Clay Brick Per] Hea I I He y Duty I $4 to $46.00 $35.00t t 46.( 5.00 t 65.00 4 to 0 85 t 46 t s a Brick $s M e Brict Chr e Brick Small Rivet (ap and Set Screws 4 4 Ske Billets and Bloom: Skelp Gr j rer gravel, I I K t £17 q re ‘ oO | oa ne | | | | ‘ | Bolt nd Nuts . | J ‘ 7 | ‘ | J Large Rivets 2 7 Mill Prices Finished Iron and Steel Products Steel and Steel Bars Light Plates $3.00 $3.5 4.00 r \let Sheets Welded I ipe ‘ } Pittsburg D j 4 l Reinforce? le + Height Tron ‘ 1 New Y { f is ‘ iy 44 8 ‘ i nized $5 e | ere by and Plate tw x I ena ng the weat pr ‘ t at Hot-Rolled Hoops, Bands and Strips Steel Bar Boiler Tubes P MA Base Discounts f.o.b Pittsburg! ( ee 64 Cold-Finished Steel 4 r we r na a f ta ‘ en Wire Products romium Var 4 + € imle Mech iT | ry y | q — | } Ula LOT) +1 ewhat than i) al Yale Towne Mfg. Co. Yale owne Co. Concentrate | A | ) Its ( 4 ) 1), onerty rt \ ( \ A ‘ it ( rpn., Vn +} thwart ur q | | nf adeipnia Considerably nar \\ \ I \ { + q | | fhe lee. January 29. 193] — 4 a Non-Ferrous opper Stagnant 4 Nicke \lumin Ni Ferre Meta ey Vl (Cleveland W eho Old Meta Per The January 29, 1931 \ } oat are hous } } +} New York Waret he Metals from New Yor arehouss ‘ ‘ ~ 4 Fabricated Structural Steel New 58.000 Tons Include 45,000-Ton Chi Post Office—Awards Only 7500 Tons Railroad Equipment + q \t \ | 7 4 | | | | 4 | | | | i fran tye 29. 193] February all Exceed 200,000 Units i \ ith <A ) ] ] ry? a if I nt rs Ste urnatc l iu I ‘ r ( | | l { Of y or rT i Ke] Output O00 February estimates put au tomobile output 200,000 cars minimum, with hood of its reaching 1 hi rher mark. Paring production costs and administrative and selling expenses will enable automo bile companies make bet ter financial showing than 1930 same amount ness. plants are more rigid in inspecting materials, with steel sheet makers sufter ing heavy losses the torm rejected tonnage result. January pig tron shipments automobile industry Michigan will per cent higher than December, which was average 1930 month. lotor Car Output |) A i! \ hinancia Statement t N i Stee Sheets Rete Lar 4 \ f The lron Age. January 29 193] || : Rapid Rise Number Domestic Heaters | ) | } | \ ‘ tre | q MOTOR CO. BUILD LARGE PLANT SEATTLE - a — « 4 | | | . = | year, THE IRON AGE said recent issue. has been A prin lerati n electing new plant cites | w } y plant at § ttle wall tarted n. An architect fay npared with in the present > | . é aeaiers. ichin (}} ire) ot the \ Getz, gener: | l } 4 L i q ‘ rUR 4. el / tary January Iron The }? ( \ \ = a eee ( 1931 Januar, corp i as ap] ctor | i aire r) erved Comm oclatl it time esentat on portat \ a 4 mana ‘ Worl ] aden Va ? ©) a { of ¢] Ca ( ‘ } \ hwy} Na V1 | ‘ = ? HATO! ist J J | ) } | | cl ‘ t rARNS the ] laven, \ ( \ I Cf 1 in Mr. I ayol | Shenang e and Kaste) Machinery Sou State New Features for May Meet tne asst \ I il i private al ‘ oh-test t representat t ti ay \ tley ©) preside? tr | \ ind ad N; ' Founders’ Association Pipe +} f \ Corpr nd f ly ( Several lechnical session ( | ( \ Plant Visitation Cor \1 pie XINL ne \ nsiaera le I perio1 a 1iné 4 The Iron Age. January 29, 1931 137 > — O39 761 tons during the ned niv Slgntiyv last Vvear, : ! na inter’ unt nterer tor igainst 224,0 Census Estimates Motor Cars Built Malleable Castings Output Per Cent 1930 WASHINGTON, Jan. December tot | ording’ t repol n De mibe enting 31.1 ipa 27,114 tor + 7.5 per cent ere 4 ) tol! 785,878 tor } luct n wa fo.) Per nt i Capa Qhinmer } i th ( ) i \ ) | | | 190 trom the ] hele n 1,02 The tax 154.199 | | ! resenting a ¢ pl 1u st Vil TAD : { itput { MAL | address over nati radio hook-up Tuesday evening 27, Myron Taylor, chairman finance committee, United States Steel Corpn., declared that the chine age greatest achieve ment. supplant with some thing unknown quality would bring disaster upon those who most need relief and protection. The made, ize and systematize the use the fol machine that the individual will insured greater opportunitie: lighter burdens and fuller life How intelligent planning can distribute work prevent employment, even severe pression, shown the remark able record the United States tinued Steel Corpn. 1930, outlined hout such Mr. Taylor Maintained Jay T Machine Has Lifted Burdens Methods Giving Relief The January 29, 1931 Exists tor Man—He y MYRON a > j adi Radi Work Must Be Divided Equitably } + «i rhe The January Doctrines 1931 per cent 100 per dential buildings showed equitably among per cent, $66,253,000, able and willing $56,013,000 November. The ence each month between ntime those residential permits and generous dential represents the amount enough and spare can terations and ipon share their Steel Plate Institute effort The Steel Institute the officers for the ensu Engineering Co., vice-president, Art averno, Lancaster Iron Works, Coatesville, Pa., Mill lintic-Marshall Co., Pittsburgh; ( econd Street, New York. todav (Jan. 22) The program outlined for the { fy ty Coate the alel ( equ ppl \\ 4 ‘ ] i i thie ndustr t lard D ‘ t RB ne} Ste ( red iat \\ | i annual capacit Cop-O-Lead, New Alloy Copper and Lead le, total Corpn., Tueson, Ariz., now locat capacity plant the company expects produ tor 10,000 metal products dail manufacture product Building Permits Showed true suspension lead ive ate well the lead. ana howed takes place that the gases, form permit for constru the melting the copper high melting point, are replaced United States Bureau per, which creates the suspension the freak metals which has long tory for cold-running requires little oil. were more than high melting point Nort Centr South Atlantic and resistance heat, less the usua Mountain and divisions friction found most bearings. Residential howed will withstand wear, reasonable everse from the general trend, price, and can made any 11.4 per cent. The desired for any purpose where bea! was $44,757,000, materials are required. 4 ‘ nae fatemel } | 4 iit ‘ i ‘ | J yea! ts tne United stat t were the ] We i? vhen were 1,762,571 tor mport aro} ped 215,09 tor {Oo | ared with 753,182 tor imports were the west he thy taled 17) November total of 111.968 tor f previous low mark for otal Va tne West ar ! nth since September, 1921, ely approached 192 mport n De embe? were 10.754 ( ren s¢ | t ty tr Iron and Steel Products from the el Ve 7 i \ A ted States Impe and Stee The fron it a 1 rorect i l’roducts into the January i Japa i ‘ rane ( ‘ ‘ ‘ i Slate 1931—437-D } } ‘ t Canada, the re wh nh ] wiles Tor rit ast ve it rit ere i t ‘ ‘ idee t - £ = A a St ~ ‘ ~ 5 = — ~ } ~ | 4 | j | | ) a ~ ; 3 A > . | = : 7 l INDUSTRIAL CONSTRUCTION Current Projects Decreased During Past Week, But Utility Appropriations Are tot € tal « » t t t mn < I t taken, 1 t ‘ te nt t 410 The Iron January 29, 1931 139 , 4 > < January The Iron — — = — MOON RAC been let } A MI. Ward East ; nt nart } | ~ fi? produet ‘ init { ‘ ‘ ar \ ( I P et 1 as te | ‘ \ i 7 T i et | | I | ! > Hi 7 | j ay nd remod for ‘ Fa tie will be ‘ lentified with Pont-a-Mou company, France. Mr. Buffalo South Atlantic VW vi M Wilminet West Ad \ Milwaukee The Iron Chicago January 29, 4 wit aq rte ( | gan \vet! Buff | | T | I | | t i 4 DD, nat ar t | | | | | j | at ~ — t » = A ry ert 4 i J Cit lering inst nr it cana | | 4 | — Detroit January Iron ) The Indiana } | | } | ITRAC } le i i | | Station. Pitt | Ohio River, t r equipment, t + | Light - HH | ¢ ( I a 4 é 7 The Iron ‘ Janu iy Canada New Trade Public Ventilation,—.\ Reports.— We vhing.—! Steel Lochkers,— st Belting Hose and Packing. Vict Non-Perrous (Castings. 4 ton hil ‘ | t Nort Bay | to Bra Machir & | Strat Toronte } Bay Stre cl ila id Pur te Litt ! t! t \ 4 the itt | | 4 il ( Yor \ \ \ Lal } J \ ] ‘ i | > | 4 British Awarded Rails for South Africa Locomotives for India el increased plg iron I \ Innecessary 1 CKS D iraw! +} y e¢ i steel } | I demand for iron t} llin recs t } en recen meeting nt na een T end il Me iT + l + marke 1< riy f juiry I ++ i por St k tir ite | niat Na ll ( rir oa ($3.77 van removed all restrictions +4 »4 } R l! 4 : atte Continental Price India considers increased duties rail accessories. China reduces tariff steel, machinery and locomotives. German steel output for months 1930 was 11,538,- 600 metric tons. { Wire mills Germany seek agreement with Belgian makers adopt metal reels export trade. grade steel to United States t! ea tot tid | 1930 only half the 1929 total value. r New Chinese The Age. January Reduces Steel Duties | | if if | | | { (By Cable) ( | ‘ LONDON, ENGLAND, Jar | has purchased 22,000 tor ind 250,000 steel sleepers from Nort} tern mills. One works began ithin three days receipt \ British and Continental European Export Prices per ton, United Kingdom Hamburg and Antwerp, with the (par) British Prices United Kingdom Antwerp or Nan j ving freight International Iron and ] Ger? in ike? are ne Steel Meeting im produ er In ar lt ind stee] is one of fo ir ant ive ne a } ul Industries to be covered al a met publicity road the Rotary International Vier ird its general adoptior Austria, next June. The other ted are cotton, wool and leather. rate assemblies for the four indu will he elk to ISCUSS German Scrap Dealers ar probiems. Sell New Material their part primarily with mmercial machinery the \ Ke rR NI Jal, t i Sal Re ma feel free to offer criticism members the federation have practices, for the the n of world I \ the me time tne Britain Using More products Metal Furniture ted and ition, Dr. Herbert Schofield, nit K ino y h nro p ‘ Vienna, i chairman of the Vienna vention arrangements. Internationa Drive, Chicag The . River Shipments Steel Gained 1930 ement iron and steel March the Ohio River the Pitt Farm Hand Tools district the Hearing Shipmet n tne Monongah«s River during 1930 were 1,158,950 tor ec! I of iro? and teel produ ted 44,075 tons last Cast Iron Pipe, Fittings, 2507 tons 1929 90.405 tor comp Germans Urge Metal Monongal River tor November, and 60,957 tons t OO, cent rding the December, 1929. Corresponding tons, 17,850 tons, and 400 tons | ‘ esta hed Eastern offic 120 Br New Yorl In ¢! Walter Mort! 1406 The lron 193] January 29. — ( | t i i 7 10 in 1029 \ my elley ’ y ( q { y ni? | lovement ‘ 4 ‘ P] ntere AT nterests ian totaled 1,256,906 net tons, acco | 7 | | ] - AJ f Col ime. { tnese ter wa shipne iy lecember Reels for Wire vas shipped December, 75, 7 | ris i 4) The T er! lhe +} } ) } | ‘ } +) neo rities which the ror nt ( Typical Installations Induction ree ] Tron Inspecting Steel Strip cluded +} ae Selected non ) + t 3 \ 4 { } | Ie lanuar 29. 1951 | c -= - - Ps & - wv = 1) 4, f d i " 4 rm | + 4 acy lor l i i I al ‘ q ra l l 4 i Alloy Steels and Irons 449 4 Field Balancing Problem Making Corrosion-Resisting Sheets Heat-Treating Small Plants Canadian Bronze Foundry large Market tor American quipment () rs See A ry PUBLICATION WITH PERSONALITY western plant ubscription some nth 4 + + write Tt nce if +} | uld not peculiar that tting information your paper contain A wn and that per ty | stter long association IRON New Equipmen Wtorita 9. Market ind N ‘ 195 if | THE IRON AGE February New DEPARTURE BEARING: Bradford gets drilling New Departures. Every seconds valve tappet leaves this triple-headed Bradford machine ... each drill with eight holes, four them smoothly reamed. drilling experts, the Bradford Machine Company knows the close relationship between good bec ings and fast, clean drilling hence the generous New Departure Ball Bearings. Supporting the spindle the Double Row rigid, preloaded bearing construction and high thrust capacity. The drawing shc compactness which only such bearing capat With New Departure Single Rows running mates, Bradford unit will give years accurate performanc New Departure ideas, its product, are always litt NOTHING ROLLS LIKE BALL ahead. The New Departure Mfg. Co., Bristol, Connectict | y 4 4 | = NEXT WEEK Peer- less Motor Car Corpn. turns over its material times tains sufficient inven- tory make any different styles the regular processing time hr. will told the leading article. Determining carbon rustless steel, stumbling metallurgists, will discussed au- thority. The strategic location overhead conveyors reduce manufacturing space, save labor and cut plant burden charges will subject another ar- ticle wide appeal. Why the Power Bill Was High Unt 1 tor Rustless Steel Pack-Heating i Weld Intact After Seven Twist Poor Heat Treatment Spoi Reputations Rustless Steels from the Open Hearth Portable Trolley Wire Poles Vibration Source Located Vibrometer FEBRUARY 1931 Waste Gas Ducts Aid Heating Expensive Die Failures Saves $50 Month Insulating Protect Your Thermocouples Quack Quenching Formulae Carburizing Errors Roll Designing for Rustless Steel Welding Rustless Steels 4 } rg Ty | ri? hy WW LLAL | IRON AGE A 7 ain AAR SSE Loa Forgings BILLINGS carry their load responsibility pre-requisite Responsibility Billings Forgings these qualities and uphold Mack « VIA lawless functioning the truck mechanisn the new close-tolerance. nachining costs. May send you samples savings the finished part EST WASHINGTON BOULEVARD immense enduran dies which parts are i A ; wai SES 1 | 1 ery AN rying must OC sActay ‘a 4