The Iron Age 1931-03-19: Vol 127 Iss 12

solescence RON AGE > tition Compe ~ - ud | | | J | \ SV I ny the easy mes the past preceding the siump are now finding out mon ther things, soften the the accumulative LC ¢ CO Was ‘ tered industry business pres powerful stimulat able that more hidden wastes p the Mm. conditions. Inferior can luring easy times, but when tha tect re ] mec te. ery eC by, ty - rne LCst ) } a } minites must lean heavily upon its equipment. needs strong and not broken reed for its support tion schedules Now the replace equipment and lit 92] 4 the oldest and surest rules for successful human endeavor has been take advantage the times There are profits made during all the varying stages the business cycle, but the way making them varies with the changing conditions ushered its fluctuations. planning its activities for depressions well for prosperity periods, management makes the greatest headway the long run. Mr. Coes tells, this article, what management can and should with respect plant rehabilita tion, extension and replacement, times pression. 922 The Tron March 19, 193] efore the low entered Planning ahead and isting periods depres are essentially sound nes Quite frequently ng periods of depressior urpluses are the pol habilitation existing facilit ment ete equipment and acquisit \ advantaye that low fixed nat \2 mum during peak period Wwtiona facilities, t ket only find they 1343 ‘ n U! operating ) Ai hy \ « HAROLD VINTON COES € ~ J - > March 19, Tron The » - Ay il equipme! ind met | application tne result lentine adevelopment — altora, ISUually, 3 : vitt nvthing short : IS Of readjustment and Lat ‘ nat proau ns aSs and t ft til | } al cl a } rie ( j na a progral 1 for reha litat I t! al I are | 10d nial rpoy ttl, rs — We ectir ta that t} nerease i ion and In Material nandiing ¢ minated nal Carea a i 1@] Jul! I Tuture activity determined requires, planning ahead, tne nal + ears rr rrieq + ++ eacn nanulae lrer W very. but verv in hi Research—the nly Defense Against Inter-Commodity Competition fundamentals thelr importance distribution the modern world eemingly independent branche the impression that produ for its own sake. feudal economy, social relations that work was carried for vere imple that their direct the production consumers’ goods was evid wants—has not changed from this; the mainspring our entire dust but simple need Great Growth Industrial Production How a New Product Gets a Foothold tut during th past two centuries great chai method production have taken plac turned out year, output has continually manutacture machines and other product producers’ goods The relation rowth these industries tinually increasing modern manufacturing ill the backward quarters hat there important between consumers’ good roducers’ and that the particular brancl itter may not increased PHYSICAL VOLUME PRODUCTION INCREASING ALMOST THREE TIMES mits, although the truth FAST THE POPULATION THE UNITED STATES tatement may not apparent Age, March 19, 1931 | | 7 | | | > OMPETITION one product with another, such structural steel vs. concrete, has been bone contention and becom- ing more so. Dr. Switz, who studying this subject some detail, believes that the future will see this condition and that the only defense well conducted, scien- tific research program. believes, however, that necessity will have hand hand with the scientific side. ESS INDUSTRIES ARE SLOWLY INCREASING THEIR PROPORTION ALL INDUS THEY MADE SUBSTANTIAL GAINS THE DECADE COVERING THE WORLD WAR Planning Production for Future Markets Repercussion with ASIDE from the absolute siz ] ] ve indicates a SIOWLY dé calculation shows that the average rat population during the period 1900-1925 nto the 1.68 per cent annually, the decade 1920-1950 eld On the other hand, nanufactures shown the chart which the lons must Research Laboratory Needs Logical Guidance livaient of consumptior ) Ve Ir} e i rn? ré rd 1 el D | | j 4 | rodu | ) } | The March 19, 925 4 | | 4 + j ‘ -F 7 ; j / 7 ess - } ‘ 4 7 ts { 72 PROC T ~ pl it a ed, increased more The general 1 Keep Tool Adequate Records WOODS Complete Information 4 | — j 4 ‘ / 4 pile ail nanical medlutl ‘ ‘ 4 } 4 it onavl na reau Ist ras ] ‘ | | 4 ‘ 4 4 : vit who signs for the tool issued him hen filed number and retu The lron Age. March 19, 1937 liminated keeping definite record where tools are, with signed the its taking them from tool crib,one com- losses this score. And the gnature disposes all arguments Locke d-In Recor . The Tron Mare h 19, i | | | 1? | | | HMER i - } VAVEA FUR * BIAINING TOC PFR RFI OMDANY | | wr — A ; | cu 0632 / rr ize Anon | | | ‘ | | | > | ed a the ke ‘ | record is filed for future refere a i ‘ i ‘ A ‘4 ¥ tracing tools. The transaction ill} : | 7 | | | | = ERIC JETTE | I ala pproach M TT Keg a it diff Fig. diagram, assuming high initial concent tion FeO the metal: lower initial rate diffusion than reaction: backward reaction negligible. The lron Age. March 19, 1931 A. ) nay A all I 1 ain eu aia | 7 ‘ | | 4 | 4 = 4 Problem Chem cal Kinetics paper before the American tute Mining and Metallurgical Engineers, brief abstract which given here, Professor Jette developed riat step step, number formulas Dut portray mathematically the principal reactions occurring during the progress open-hearth heat. The tempera lucing too complicated system was purposely omitted intro {) Curves tratior vary f the nte fa AE Cc | D x The Iron Age. March 1931—929 ate | ] ~ | | } | | : re tore Na peel tial accura rema ie} IcKINYS, tne become badly worn, iccurately dequate re | RONT and rear view chuck that was considered 8000 Ten ars aZ0 Com pared with the modern posite page, the lighter parent The lron lve, March 19, 1931 ; | : q | > 4 | i — progress machine tools, with i obsolescence many designs considered highly productive ten years ago, generally appreciated. Widely known also are the production possibil ities of t da) il no tn ities present-day tools i } the same cannot said that importan companion both the machine and small tool—the modern chuck reviewing the improved features present-day chucks, this article reveals the high status the modern design emphasizes the production ing from the use chucks earlier period, well the waste resulting from negligence replacing worn chuck ing equipment independent metal the center the body eliminates springing and bell-mouthing. This with other features, adapts the modern design the production requirement today The Age. March 19, a , for | \ 4 ndenendent i yood te? veg at to sa the ma } ] ne stre ( \ Oot tTnese KS exert ] 4 | nney) nererore, 1 f . 3 and old design are show side side view lef Note the relative sizes ions used then and now posite page prevents the batt ing and pinion hole wear strength and gripping power the newer chucks he i\ ry and t Cut-away view modern combination chuck. ré i] ry rsal aN). ( nredece — = ad ign tne use au = The collet chuck enables use collets More Accurate Spiral Threads Chucks capacity the size hole the machine ilm perfect concentricity scroll spindle tne result primarily the accuracy 932 The lron March 193] | \ 7 q | | | 7 | La 4 mat 7 — Combination Chucks Capable far right are the jaws modern drill chuck; the left, used chuck the same size made some ten years ago. The increased pitch the new jaw threads gives twice the speed travel; and twice the gripping power obtained. Better materials and more exacting heat treatments, well well-balanced design, underlie the high- efficiency the modern drill chuck. = | | 4 | rere ind al i | ‘ rhe | ‘ ] | 4 | ‘ | round | g¢ { The fron March 19, 1931—933 { H 4 4 ote ef | | ‘a | this huge steel ery, and the boring and facing the four col- umn and two cylinder les are outlined this article. rew ri rations were ) mounting IS! I es, an arranye icing ne as equip] | emoved from the lumn hole bosses facing heads were unted the bor the top the cast pth in. from column hole ses the bottom the cylinder 4 3 | 1 102 af j { ic 8 1 j 1 he > = = q q pin gages with micrometer atta } ac irat ! n t the bor t} 3()-t ee] linder + platen Aluminum German Transmission O00) ) 70) wWers IGH pre casing for two 160, kw. tandem pound bine generator ing manufactur the Schenect works the eral Electric Co. the East River tion the Bro lyn Edison USO The fron fge. March 19. 193] | | e + | — Value Methods Within Comprehensive Surves MPETITION the life trade qualification and now clear ened, frequently the death trade Prices must have proper relation for profit. The stability and security great degree the establishment and finding system. Some the essential uniform accounting methods are outlined orm Accounting t Industry The Iron igs March 19 1931 937 > an i | it | 1 | | P KD | | 4 time cost man wl } { 1 | mbers, design Manual Uniform Cost Methods Essentia ’ 4 | 4 4 c > ~ ~~ = ~ — ~ ~ ~ ~ 4 | —_ — rye? vith the enthuslastic endorsement Of mem! the manual, will tar toward spreading 4 if a essential that the 1 | th the ! i nd app it I procedure ling methods themselves effect , the ndividual member oft OM pal tandard cai ! be secured 1 4 4 ‘ “= a : | ¥a ~ ~ ~ . International nterchange Machine IMPORTS INTO | The Tron March 939 fea y “ x I | — rerma and Swit rial ‘ 4 rT ‘ ‘ - ~ t that ma | | IN TI NATIONAL MOVEMENTS IN MACH I | | | 4 Cutting the Forgings KAMMERER forging plants using large number steam hammers and other steam driven equipment the cost steam con dered important part the produc cost. This was the attitude the Champion Machine Forging Co. Cleve ind, and resulted the new installation a lescribed Mr. Kammerer ry)? j nt i | n ed t t ther ) Til il t + + re Cievel th _ “ar y y 4 ‘ > or" is kag | | a } | | ‘ | + ‘ ] | nd temperature ga 7 | ‘ ’ +} thy The March 19. 1937 ‘* fron ige. March The ft the outpu reing \ +4 ] 4 + (oal Storave Is in S l ! How (oal Is Delivered ~ > 4 4 n this view t under th ie aa re » 4 } | 4 3 4 { ‘ th, Y4? Phe bee (it) Super-High-Speed Steels greater red hardn her hardening tem iper-high-speed than + | uld | t lL, ; } high-speed ste Data Brought Out Discussion t 50) 1e¢ | I | The March 19, 1931—943 4 ge. March Exclusively Lintels for doorway: Convention Natio New Standards Data yr 4 aved \ We 11) cent Kind if Wil ( nine ()? } + ; | j 7 > \ i! | tman | 4 4 . | { Board, New | ( mre id nt Corpn., 1 | 4 ( Genera oto} proper 4 te) | | 2 q | a bp thi — aN nit irainst 5] T ! | rding reports received A inufacturers 7 Assembly the 900-ton press, weighing 800 tons, before shipment. Six electric motors, varying from 1200 actuate its several motions The March 19, Machine the | | =| q 4 } 916 | ree | 3 4 ier I ided, t all Vilnders with standard constru indle and seats teel and safety ire provided to prevent metal parts (above left) The Iron March 19, 193] ing main and auxiliary cylind 7 tank. Two hydraulic operat Triple capacity hydraulic pres forming and flanging heavy Crosshead position for bor — — - a “a tr operation. i | . al ~ q “a \ ~ | | a a | ow j j Announces Two-Spindle a | | i C-The L fhe é \ neal a } j ~ \ ned ste rries the q y SJ ad = | | | 4 — | l ihey are built n t i aped i ana nt Phe aw are operate t ( } ; +} | I alt reat tf tne turret 4 i ] i! ‘ ) Planed Rack Cutters Herringbone Gear VELOPMENT ane ‘ a ail The lron ige Varch 19 1931 4 4 — > att = > r | ‘ | re" | | | 7 4 | | | | j | | A 7 aa = ron — — | | | >| =z va an B iM 4% ryt i all ( — "ION | { \ | | 4 | | q i | L a | i | > and and Trade Recove { ) ‘ ty } } ral Wert required } ‘ And a TeW Cal ree! OO?) tructe ad for Te | (sreat stria my as to com} ana n tnel ; iture trade, but veioht he d + elieve that too the +} i it eceded then | ! i] nave ae il? 1 alm a aq tnat point pene) | ] } {) t i Cll «li ti ral ‘ ] tat mall, and why + ; , i + i | 10) i +} ther thing heing ¢ ‘ tut trend adownward throu (if en (| al average oT prices, ! entil of the variou mn 5? lhe foe March 19. 1931 — Fear Né ere s about the same lantity t t ‘ ton Dlie, Whnerel vyhneat epresent Tne ( { j q Uplifting the Scrap i +. i +} } + + + I. The March 19. 1931—953 | 5 J I> } romana 4 +35 energ in | 4 } i t o | I \ t «ae ribed eVond Ww t 1} ) | | ‘ | H | ‘ | \ ? (, 4 | | | | mn) Ssenat ‘ ‘ 7 i 4 Demand from Automo- bile and Construction Industries Rising TEEL Ingot Output Now Per Cent Capacity Little Interest Shown Sec ond Quarter Steel Scrap Markets Apathetic Prices The Tron ige, March 19, 1931 | « bal | \ | 7 ) \ + 4 ‘ \ Al i\/ j \ +, | | \ ) ( { ) 7 Increase Still Slow continue, although tne rate rote Ste i increase ver\ radual. dustry holding up, and | < ianeous demands - | eady, though restricted. nt t no ! Variations occur operating rates from week to week among individual plants, ightly more though d m plates holdin y 1 end Upward, Though Rate bars, Rails and Track sec | ‘ new ] t) ( i Plates and Shapes { notice i 4 } ) A forts made to estab- lish 65 ori LISI c. price on shapes and ond contract not large. | \ | 7 | I | | ‘ q | Market Prices Date, and One Week, One Month and One Year Pre Advances Over Past Week in Heavy Ivpe. Declines tn Italics Billets, Ete Mater { hed Steel ae (lold-Finished Steel Bars The Iron March ige. +} 1 ¢ ? ent | if Plate ryt { ‘4 i] i | | > i> and le | | | | 1 IRON AGE COMPOSITE PRICES Pig Iron Steel Scrap Stes | i () > ( iy } | ( l 1* We {7 ) ‘ +) ) | 4 | | | } | | | | | > | | i 9b The fron Age, March 19, 193] ~ - ~ A ~ ~ | _ ~ — Opera Now e e hf A - _ w ™ CHICAGO ations i = 1A ~ ~ ~ March 19, Iron The ; ) ward trend, with one com : pany now at pe r cent and average ror district if 62 per cent. ( apa if tota ictive ist on ; ihove iverave for th veat 11 it exceed tn | ep | noes have rt | | | +} “Ra Rails and Track Supplies ‘ | | | | | | | j | ] Sheets | | ‘ | | rit | | tron t ] | 2) } | n. ? 7 f ~ | \\ reepll ipward, and there ping and cal f ¢ on tra no} ting cuttin dow) I>? are Nhaving a ! t nent ! Bars re fine iti i ical Ul ng ra In any ev 1? anne ring nty +} +} tuntior tor not been able obt treneth whic] t did 7 Nuts and Rivets rap, Including ‘ | q | | ‘ Ware ‘ ol (‘hy i | 11 | O if lee Mar 193] > March Iron The Sheets ) ea ! J Strip Steel i! ] Wire Prod ire Products | ! Bars, Plates and Shapes } |: ‘ () x ‘ i | rehouse ‘ f ob eveland | iz | 4 962 The Tron YORK Vare h 1931 Bars Business Steel Awards ( } ehive | } ( (vue ] ( ‘ od t} Br $4 { 125.000 Tons More Structural ‘ ( quotat n I 1 hrande fon | I > \ \iaterial | INEW I ; ™ 1] } \\ nt 154 ‘ | ] closed } it} ul ait | J | 4 ‘ ] e Burlington S Ltd., Ma 7 n. Ont The G nt as cea | 7 3 Ha tor ‘ x 4 > ‘ nt een 1 neton Street it HOO tor of har Sty to the Nitral! ne co! 1} hi ; lo, heen awarded tee] PHILADELPHIA Pennsylvania Railroad Inquires for Tons Steel 7 I 7 HILADELPHIA, | } A ree i Warehouse Prices. f.o tladelphia Pennsylvania Railroad, ‘ i! elect) I columns, 8000 ton tee] for new main iT i! inged ryt hi ‘ tol et nd | no? evular ! R | Imports + +3 > Pig Shapes ro? Plates Steel Bars Sheets I> The Iron Age, March 19, if . ; i | i ? { | 4 A | J 4 3 7 ST. 964 The Tron Age Var Southern Pig rap Prices Go Lower Business Iron Advanced Ton— 1d But il ( te? I> ( + } echn 1) ? ) ine i ( rf » OO iG rt et takl! a tonnag \\ \ ) inted to S161 4 1,000, Bureau the ra cu roud spring 4 2u ms: vi + \ ; tern: n ly t BOSTO 1yinis Slow _Alahama Furnace ASKING Pil, B bu | NI i | | \ | terial | ‘ a \ \\ n | \ | R RMINGHAM, Mar li Vey Cast [ron Pipe n ‘ tine his teat Quotat Lil) al na Ising | ) Marcel } nt \ edine ny i 1 } Ct ( the | f ind as rel ced T i > Bot aii ) l n 4 4 inished Steel The Iron Age. March 19. 193] 965 4 - | dd ~ I> Tons for Pipe ‘ A ‘ the Ten q ‘ ‘ ine } Warehouse Prices, t.o.b. tol Cast 1? ars ( Warel Pri san Francisco Old Nlate rl il \\ Iron Age, March with the ncern and tor CINCINN Pig Iron Demand Lessens—Sheet Iron Pipe Co. Vancouver, 1681 tons follow Gor Co.. the past week, lightly above this figure. The Evans, Coleman Eva melters’ nearby automobile body sheets low tor Although four material against old contracts. | offering prices are unchang Youngstown Jperations Maintained Pet Cent Capacit Steel { ‘ Pig Iron Sales Expanding—Structural Ste | Structut wf | | | . J © ‘ l ( rar I re, Ita n i! in 5OO toy | } ‘ ne } l‘inished Steel ( ) ] ) } and Gou Improves ne ( rat 1) ; ebrua ] Material ) | f 6498 = | Hoover Dam Contract Let the San Francisco Company the Interior, 144 Steel Barrel Output aad | | The Iron March 19, 1931 96; | q Steel, Raw Materials, Bolts and Rivets Pr rices Semi-Finished Steel Sheet Bars Skelp Wire Rods Kaw erron nena Fluxes and Retractors Fluor pie ‘ ‘ Brick H t Brick la ite Brich m I ch Small Rivets Semi-Finishec billets and Blooms | (ap and Set Screw i LIVE UAH Ti Iron le, Marcl — Mill Prices Finished Iron and Steel Products Iron and Steel Bars Light Structut e te Ste Wire Product The Iron ige March 19 1931 969 5, a Welded Dise lora vl - vie an — 4 Yn —_ ¢ ‘Vv = he South ral State | | Steel Ord q ‘ — ( opper Non-Ferroy Available Lower 1 j Nicke Old y ‘ . ( ( lewe ‘ ‘ ; ‘ { > \ The Iron igs March 19, 1931 | 4 7 j - imina al ! prac tra t pirit a? rat } na \ \ heet Tube Expended for Additions Guitars Have Alloy Steel Wire Strings the hromium \ rade heel ter manufacture to ot \ ‘ t th same tr k 4 Sheet Steel Production Gained February roductior ol teel ner inted 192,218 tons, per cent Jan Industrial Finances ti? ! nade t Cal Non-ferrous M s at On ‘ - ? radi? ; thy nonthly report } \ na int ea tonnag | Perce me ed on Capacit i 1mm! ry Scrap Ships I 1 I> Té I ( rp? i | ‘ ! i ‘ ‘ f |) | i | 1, a Th lron March 19 193] = on Further Rise Automobile Output xpected; Peak May June { Feb {} = | 4 AUTOMODI 1 February t car (estimat Ol N I \ tomo ( hambe rece largest nths I uitt 45.109 units, n in ‘ ‘ { ( Product bir t quarte t LI montny ive OOO the year’s duction 7 reacl the ( n re the ( 11 ‘ monthly ivera im «the ist thre rst Quarter Output Will OOO; attain the O OOO iti i! t b industr ect May t June ( davs 14 snouid tant in ( ac I i} rt l read en ot prod tior \ er nakers int Domi The foe March 19 193] i Na na \ ) 1 — 7 1O is, onl Vir Moskovic forn ri president Stutz and for mar ee! ntified witl the present Marmon plan ty } ? Equipment Detroit Scrap Prices Are Unchanged IT, March hay y eiand elatively 10 are poll are icn I ) } pring Announces Automatic Chucking Machine ‘ } recip? } 9) al a ) ! i } r ] i } try Easier, But \ eT Ving n Cased \ fy \| ind Peerle ibsidiary, | 4 ( erclal { 1 VV ii Ligt AWal ry tcl I ‘ \ ly | | | ‘ q | ( 4 | | | a | 4 Th eer. March 19, 193] 975 19, 1931 ige. The Iron 3 x 4 a « q 4 } j eT nu | | 4 ( ( | | TER LAN NIN(¢ Mfs { ‘ ‘ iu take his subject “Heat + KNIGHT, \ ricayr Ste \ t re Vu ™ ~ \ \ 7 43 ; Pitt ‘ £ ! ed at n I \ \] | i a tint propertis | | ley Re ted Stre \} 7 : t ! committer I T if ana presen anu | } tract of articles { \\ toy } i 976- The fron ive March 19 — arket for ( ry } i rte one ré Stability Bar Institute Plea The Tron ri resiqent of Con ete Enlightened fo) eintorelr ‘ f lr ng t ; nih ‘ genera plicatior f eT conte vel t hye ‘ ‘ Steel A Scrap Dealers Adopt Program Protect Their Interests Scrap Men Urged Fight Say Business rector ite, whose rought toget} effort ilong i ! or Ilr emphat In of | ] ) ( ive tion } ( read export company ! \ P erene law, an nd the elit The lron Age. March | 4 4 7 i q | | | | | | | 4 res Sound Future for ray I Her Moskowitz [ we Ww ' itu mnual nvent ni witz has been creta tion during the past ident elected Charleston, Williams Erman. Chicago Kelly, New oO barre ra; = P Walter An executive c itte bove officers and the Work ts Trade wa evela oO t. Lou the was win rwin timor vid St The Tron March 1931 979 i rting that Many Scrap Wards | ed bot More theient Marhetin } for Scrap to Re Sor ‘ | | | J JEW OFFICERS SCRAP | STITUTE St swt ly M H ad W ilk off tow rk electee trea E N Thoma F y New Y q » members was D3 New You! 7 » = ‘ E | ‘ c : re ‘ ed ) i iT i { nemee) nkeyvy ( minted | (rarage | Carpent ( ( a a d PP0.466 10b piece last now }2 (‘ey ! ment 7 | | } ‘ nd ter nad Du y ) ‘ tain ¢ il and ~ | Yor | and olt, ‘ A i 4 > ~ 7 Rivet | | Mr. Grahams Comment Grahat I The Tron iver. Varcl 19 1931 981 a a q | The decree requ ays, and provide ( against the mtinuan ' raint of interstate trade and ribution nuts and itement nation’ inutacture} manufact and ysten Under trade fendants tn them y rn na ariment of stice Issues and Rivet 4 \ \ \ neo tandard . I'nited State The by ( Inc., Loose Leaf iy ( nel +} result 4 . n TY nal. in which 2500 part ind 00 itt ney nave pa nel na ar col The lron March 1931 | a ot normal ¢ | | | | q | 7 7 | pensation when called j 7 Outlook for Prices and Profits DAVID FRIDAY Oo product The price trend for finished PRICES raw materials will show some improvement they have fallen much more primarily pric they pend much more upon pri total output for 1931 greater than was last year espite the fact that prices for industrial products will, iverage, lower more Ina efficient labor and management reduced overhead and cheaper credit will more than offset ral decline Raw Materials Recover | The Iron ive. March 19 1931 981 B | profits will materially higher \ \ } : { 4 iu i +} | | | € mn 7 d ir nunare al Nineteen nine reached lev I lepre on \ t 118 1 at only if vn to I tarti! on? ent Steel Barrel Operate Low Kate 4 i | +4 l 1 q ) net t) 7 q | | | 7 ; } ‘ cle 7 | \ ented ? i? | ant thy tentia i q | | ) | sla | | | it lit : | T rt 4 ] 3 Under Way March Beehive Coke Steel House Construction 1) ‘ i 1 R ‘ lore ra PK j February Increases eiicu | I $ i a 4 Thee Tron March 19 1931 q j : BARA AQ iC ment Sales Has Developed { SoU a rif a tisburgh — ’ | | | 4 | q New York New England INDUSTRIAL CONSTRUCTION Airport and Gas Line Projects Are Features The lron Age March 19, 1931 981-4 t} are ni t Vi Ime, tul rit igo Great West ++ + + + rst ed th inde \ bright 4 a ] 1 4 | | | ~ 4 I : I Ip the \ Ck tota n 3 ( I 1 rit mi ng na col el j | 4 more than ( ‘ Bes n | 1 a alo Buf t \\ Hi | q ACIE A a New N | | 7 | | ‘ 4 : | | | 4 | March 19, 1931 ige, Tron The + f 4 a ‘ j | 4 ) | 1 > A ) i | ~ | ( 4 \ 4 - 17 > i 4 ] lal | orm | | | | | | | | 7 | | 3 : | Pacific Coast Odd Foreign a ° — i 4 Indiana - q 4 4 4 = { a | 4 4 The Iron Age, March 19, q Gifford-Wood Co. Buy Hunt Co. } | ord-W ood (0 | West Rt htor \ The \\ | Giff I W or llacture) ‘ | ! ( or ror ¢ I 1iK i I ta ( I y nau ra 1] Wil r R \\ yt Bureau Standards Has Thirtieth Anniversary The estab! Bur Standards 1! y night wl directo 1) 1) ( ge K. B Julius 4 ~ \ 103 Locomotives Ordered February, Gain ) () ¢ I () 6. The ! oft ) hit \ ‘ rf dec! ry? ryt vere 1) ‘ in rel ] centul ld manufact Die ce ine oO eCquipmen ! | AQ CIN 1? ) A ry Less Freigh Year han ar | | Lake i all Wldl | , | i 7 | | | ii Iron A March 19, 193] — 1931 » 4 4 [ « (Ru \ J eC! icnil | | ) | + \ | { ] 1 ) | | { | ‘ British 3 Continental Price j } ] | > - j ; Galvanized Compete She ets \\ Increased Wire Duty Wil Bar German Product German Black Sheet: Compete Japan JAPAN, —— ’ il norte? en ‘ \ Nacht ( it ] t ent ) B I 79 urone Jam | iy norte. Ov rr le 1 verruled Taritts 7 ( j & cc AViLLIS East Trad ‘ ( | l ly | ] t if t Wer | | | ly 1) () PR The Tron March 19, 193] 7 orat 4 teel Cor 3157,710,232 t P | | | | The Tron ige ore | i i mparative Account tor cal Years ended 1, 1930 and 1929 hie Ire los March 19 193 hare under each heading, shares Fewer 6.19 Per 1) nc 14) +t} ) CS, Liao cent, tl vt ) i} a rea +} yr of al f fir ned ( ncerease - (0) ns. \\ | | | . | 00 q “ ~ — ~ — - ond O -- ~~ = ) | | j 2 | { | | { 4 | i | | 4 1 P ' | | 4 { ‘ Advances Chucking Equipment ) aw hey will Kee ; the nu ; ry i ma \ | t reasons for have become worn that they fit loo have tendency heel they cannot properly hold selected was small the capacity the lathe traininy lack of lubricatior huck can get time required chu experience know not uncommon. Actually, the much, and especially times the wrong chu combination chuck son half the time needed were used Also, lependent and old-style cor ood universal done ie elopment product lete ne need t er-commodity compet programs lay onon analysis leads nter-commodity tant with the only defense program, tur irkel ( hel} nada t! cre t1o7 \ nerat rrié yf t} { re resenth a wide ra ! nau la l 1? ; rer rere a pPrepy rif re ) is! ? ‘ ‘ alt i ‘ Liiit iT if t menan that nad that a caret! wort ran } id yveroped rad the WO?) { } ths pind | nre i NUCK i | | t \\ na | Research—the Only Detense i | J | | q . . Vepression | | | ha | 4 fron The Chemical Kinetics en-Hearth Steel Process ntent o nt \ } ; the l al { +} te, ( ( The wn an equ t f 1? fre nerind 4 } me ( H | minatinr | 4 3 Disc Ninel } ¢ t 1 ‘ ft ft ? 4 1 I? ct |’ ol | 1 ‘ + f Digest Current Financial and Economic Opinion Legislative Scored the Nav: | idy timu the India course, cannot being tapped lly 20.8 itisfa } Une i iddit I kimmet for met reaches the Bess 99? The fron fee, March 19 193] a \ p—\ ( nad pradua | iif sO? | ‘ ‘ 17 MM non forejo recuperation, | 7 4 } | ) | | 4 | I i | 2 | f 7 | + . Bessemer | r) oduction Begets Consumption 4 ‘ | ry! ‘ Compact Control Desks VI Ket } Bar ret na ad 4 1 VV OR IA TECHNI AL BO NJ AND AAC\DE OR | FOR u 1A 4 put lish far thi year i satire fore you whil Later facts find their tains about word lron Age page approximat the enfire wouid well over hundred dol But that repr niy half information you get from The Age addition, there are the reports j isiness Conditions, market reports, price quotations, new what happening men, busin ind industries, plu ther features that make The Iron Age, subscriber writes, first word well the last word its field H D | | | q ; q 4 } | wit 3 This time waste money! March IRON AGE saved for lubricant and time for applying small item. Departure-equipped motors are clean, and trim looking; they operat equally well end, walls, ceilings. near-to-nothing friction New Departures that wear almost unheard < discourages burn-outs from armatures. putting New Departures work countless thousands These days, more than ever, your profits depend what you save production and maintenance costs. Are you saving much Once year often enough lubricate electric motors when they are equipped with New Departure Ball Bearings. The money thi you should your motors? The New Departure Mfg. Co., Bristol, Conn Ww) MARCH J Wanted: Not Shorter Work Day Electric Control Dut Better Industrial Thinking One the Work Period Any Industry with NoA tant Growth Short NEXT WEEK MENT “big Thicker Steels for Pressures will solved the Amoses and not the Andys. American business leadership fears the dole system any other plan that Capital Big Industrial Succe pose a threatens umulative burden they society. That such prehensions are justi fied will become appar Electric Economical New ent reading Unfailing Control Valve aly sis In Our next issuc the economic difh from Solid Are for S mi Part: State unemploym«s nt benefits abroad American manageria genius will find bet ter remedy for indus trial idleness. led Are Designers Unfair Castin the way pro duction and earnings eet It _ [ KResistan Is J ifer onn well lead the van Large Grain-Sized Material stabilizing employ ment ¢ = cy) {) > ~ 7 | < 3 ~ > ows | | | | | 4 | | | 4 | | { { ra « tors — | j 1 | ] | | ] AGE March 26, NEW BRIT BENCHES ALL WOOD MAPLE TOP MADE ALL WOOD COMBINATION WOOD and BRITAIN STEEL BENCH DRAWERS EASILY ATTACHED ALL STEEL SMOOTH TOP BENCH Britain Machine Company Furniture (\ 2) New Britain pimators’’ tne only — q | \ \ 4 | pe 4 — OOD AND STEEL TO! ‘ ‘ ] i | | 7 + q | tand 7 t w R , t B Trucks | ‘Bench | Ori q Leg wives > g