The Iron Age 1931-12-10: Vol 128 Iss 24

.-THE IRON AGE.. NEW YORK, DECEMBER 10, 193 Machine Tool Plant Keeps Separate Costs for Engineering Work By THOMAS £ . HAT do you do in your plant with the cost of engineering work? Is it lost in the shuffle, applied as a burden to the entire business, or is it separately kept and applied to each individual job so that the engineering department is made to pay its own way? In the plant of the author an estimate sheet has been devised for all engineering and development work, and total costs for such work are allocated to the costs of the products by the management. The benefits of this method are told in this article 1476— The Iron . Dece mober 10. 1931 tioning of the department is productive labor for that department. Then it should be recorded as direct. This in cludes such functions as designing new products, working up estimates and pri posals for the sales department, making pecial designs on customers’ order making drawings for the use of shop ad partments, blue prints, tools, Jigs and fixtures, and even designing producti hines for the use of the factory A I 7) < l ertall LaSs¢ ( \ rK in t l. , . ; 7 h ! ma e classified as indire¢ ick rawin or ret rd Urpose filin es O awin pur] filin el erical activities porter work, messenge} I Needle I tnl labo a lered a ndirect and considered as part t irden or overhead of the department Department Should Carry Its Own Part of General Expense + llar expense ft the department consist lilding expenses such as depreciation, taxe ind interest on the investment in building th lepartment If the department o¢ rtion of a building, these expenses allocated the department on the basis of floor space so occupied, actual repairs to r portion thereof in the proper rati Heat and light used should also b the department. expense should also be charged in th This includes the power consumed by he department, repairs equipment on, taxes, insurance and interest tment in the equipment. Then, of course, there is the general expense the department, consisting < Ipervisio! worl ipplies, indirect labor as mentioned ter, industrial compensation fees, based « employees in the department, overtime 1 ind a proportion of the general administrat he business that is usually allocated yf total output by hours to all departments recommended that elapsed time spent on the n orders issued to the engineering depart e recorded on regular job time tickets in thi ler as the time is recorded in the shop, ind ereon the order number, name and number « part or machine being designed, account numbe1 harge is to be made and other pertinent information for the use of the cost and general accounting departments. These tning should be reported at least often as at the close of eve ry pay peri o that proper control may be had of the cost of each job as the work progresses It is extremely important that the accu ilated cost be known, for it furnishe a guide not only to the person respon ible r the economical operation of th il engineering department but to the mar vell, and in some cases Regular Burden STIMATE sheet used by the Cin cinnati Planer Co on all development work, with columns showing items of estimated cost and actua! cost. Rate Should Engineering J The ° 78 , > 6.74 rf > 2/38 . wJ 7 ga 3 je ” o ati) e Leo ‘ea Hoo! 10 63/5 ? Fe IW, Irwin is 4¢/ [\s0 Lixo, [Bee | 23)08 | P feo, ee | j | vee Bee)! Ine ony ae bi 8 {Qe \4° Piya ra 2 with {: ; K en 39¢ ar i 3 Iron ige. December i 10, 1931—1477 Fic 2 driving btained ti Fic 1478 The Iron the outs diameter of a Wi serted blade cutter ige, December 10. 1931 Inserted-blade cutter head mounted on provided near the cutting edges and the correct angle is spindle. Strong backing is by proper placing respect to the Fig > of the blade cutter body Grinding the with face of the tungsten-carbide milling cutter, Fic 3.—After the blades are roughed to approximate shape, the shanks are set up in the cutter head with the as sistance of an indicator gage. ‘Above Fig. 6 Left) Dull cutters may be re sharpened by means of a portable grinder, the grinding being done with out removing the cutter head from the machine GRINDING TUNGSTEN-CARBIDE MILLING CUTTERS aH me & ROCEDURE in rough and finish grind ing and in resharpening Widia-tipped inserted-blade milling cutters is outlined in this second article by Mr. Prosser. Some special small tools are also illustrated, and important points to be remembered in grinding tungsten-carbide tools of all types are summarized. The first article appeared in THE IRON AGE of Nov. 26, page 1357 vr wT WW By ROGER D. PROSSER Thomas Prosser & Son, New York B! ADES are rough ground free hand American Representative of F frich Ipproximate form before being mounted bs i dae ' i Krupp, A. G., Essen, Germany n cutter head utft w W idia-tippe erted blad Th tool was d n ' pecia tungsten carbid The tron Age. December 10. 1931 1479 Fig. 7.—Milling the wobblers of a chilled cast iron roll with a cutter having tungsten-carbide tipped diamet lld be blades (y} rrall ind grade ot heel-wear, which necessitates the separate grind sh which the ng of each tooth. With a little practice and expe r must ee the worl rience, however, a cutter can be ground in very littl ia ae more time than is required for high-speed steel cut- . si is sai ters, and the increased resistance to abrasion of ; . . Widia tungsten-carbide results in a much longer tool ve it th - dasahla between grinds, and, of course, permits of great- -— Ar 4} Cur reased cutting speeds. G i —_ noul Grinding Special Tools he cutte) End mills, saws, boring tools, twist drills, ream ac Mata , tc., are sharpened on universal tool grinding - . se is mx the same as in ordinary practice, but, of ; he special grinding wheels must be used, the machine and fixture should be as rigid as possible to avoid springing of the work away fron ei the wheel. Extra care should also be taken when ld grinding, to be sure that only very light grinding é ire is used { te ed Special tools employed for coal mining and sin procedure would result iInnecessary grindit ar purposes, as shown in Fig. 8, may likewise be and f tungsten-ca li round on the special wheels. rhe rinding Widia tungsté rbide cut When grinding tungsten-carbide tools the fol é mewhat gher than in the lowing points should always be borne in mind: Pete ae i a to +] Maiti} peed stee itte aque » UFie (Concluded on page 1516) Fig. 8—From left to right, these Widia-tipped special tools are: Coal drill; two picks for coal cutting machines: and a special drill devised for stone and potash 1480 The lron Age, December 10, 1931 Different stages in drawing a tubular steel spo am & } A The wide flange i: U A semi-automat: turned down, forming a cam-type die is used tc shell that later becomes tuck in the four corners the hub-end of the fin und bend in the edges ished spoke jusing the rectangular end to take its final wedge-shaped form B Folds are made each corner of the rec tanguiar section to taper the end of the spoke f 7 - a as et / A B C The lron Age. December 10, 1931 1481 1482 The Iron December 10 1931 SYNTHETIC RESINS ENAMELS FOR i, tm Me EMAND from metal products’ manufacturers for colorful and durable finishes is broadening into new fields of metal consumption, and the adop- tion of rustless steels for decorative purposes has intensified the search for colorful enamels on ordinary steel to set off the gleaming silver of this alloy In response to this demand, the laboratories of the paint and enamel manufacturers, aided by the elasticity and toughness available in synthetic resins, are producing a variety of baked and air-drying metal finishes, notable for durability and colorful effects i ntl esin vas n I I ample if meta were i ubjecte to a ; al é “ h the vithst 1 su lly ne manufacturer had occa ve a baked enamel finis! Bakelite from certain steel The plates were boiled in a ent causti ylution for 1 hr 1 h the result that, although the was completely removed by thi : nent, it remained as a practically loating in the solution \n ordinary enamel, according to this Y ‘ i ' ive i 1 t r cars, and for the interio1 lroad passenger coaches, evator cars, a strong, durabl h is required. Automobile nufacturers have recently tried nthet resin undercoating on body i a mean of securing x, elasti foundation for the er finisl f the body. While juer is used generally for body hes, many builders use baked enders, which are »! “ -ROVIDE DURABLE, COLORFUL *f— METAL PRODUCTS By GEORGE S. HERRICK at ae ’ : i n I ' ach ? as . i a vy ‘ ’ , ntinuou ‘ } Ca} t y a More Air-Drying Finishes Used iT r y } I a A ri ’ esll a ng ena £ , t 4) y ’ r j T Lus¢ ot e1 ‘ Ty I I al I I l , . ly rt Teé hecs ¥ it A é 4 a . e Bakelite Corp: Jew ¥ : Hy a ‘ ne ire i y y ‘ ? i T ’ ‘ ’ y Y * ‘ y oT a i 4 nat e l I ' ¥ t ) int ' T I ] I I ( ’ Y ' . y 1) i Y 17 y } ‘ 1 in I ntly tl | Bro r 1 1 na Cur range \ ey ’ i ha 1 y ‘ y no vill il} ne ) | Light Shades Baked at Low lemperatures HESE parts of an impeller used in the manufacture of toothpaste are finished with I t 3 synthetic resin, in this case Bakelite coating. As the paste is slightly acid 3 problem, solved by the synthetic resin The 10, 1931—1483 December ige. Iron f wire rcd h the pic hand Bigeoee throu nm spec ial nu D A ( 2 ‘ \ ‘ I \ } r Y itior } j r t y t ne ) rey, n } noe nave 1 re ( tr I NEE? ) y T ? ry re ( I r arse ict ie! ne oct ( ¢ ini oO r¢ iY é ? ? Six-Section Basolit 1484—The Iron ige, a al AY } 1 tr that ’ Lal ‘ rod ne ( Y rey y } " ; i I a , f Hot lank for De ce mbes r k a ) re ' ing i rie } } ‘ ine 7 , . ll y Leaky Acid 10, 1931 MODERNIZED PICKLING ROOM PROVES GOOD INVESTMENT y i t ) y ' *ky r nufac 11 } r nte r il aki high eff lal rié ac I ’ ? } ‘ | I < ea 1 y | , f klir ( i in isly hile rw er ri? Wale! ( it ae I wa rir no e) 1 ’ ‘ } } y ank Would Hamper ( make impossible strict control of acid hat permit and temperature conditions; and the 0 eaks, in addition to being a source of the annoyance, would give rise to high re- ng 0} air costs and loss of production. rked ou lan of Basolit construction were meeting these demands. The outer shell of these six pickling ; : tank sections is of reinforced concrete, ind the inner walls and bottoms there- ' were treated with a special asphalt , ed = cement, which retains its flexibility ie and is acid-proof under all tempera Ae ire conditions. The tanks then were inside d lined with a double layer of acid-r« cid ting brick. Separator lugs, % in. ! high, molded on the face of these bricks, provide a uniform space at all In th joints, which space is filled with ‘ 1} Basolit, a cement that sets and hard- ter, suf ens instantly and is acid proof for n¢ iny industrial purpose. Basolit is im nin WwW mune to the action of most acids, in- iding sulphuric, hydrochloric and 30 ( ent nitric acid solution, this im- inity extending to hot as well as 1 solutions It is made by the Nukem Products Corpn., Buffalo, N. ¥ has patents pending on the Schedules tank construction. and coope- y ed in tl nstallation A bi oping at the top of the ta ( i f d by carrying th rick nit over the top, provid prote n f) iny acid that might drip fror he wire rod as it is remo m the pickling bath. To im e appearance, as well as for p1 the outside concrete wall coated with the pecia ment. The quick-setting charact of the Basolit permitted tanks in service 24 hours had been comple 1 I | ( nvira¢ »T iring } cooling } : ‘ 1 for lI lI iva equen ‘ The question of dra I ent : 1 rece i n. In the tank he esc ¢ ( n re I arair ( S il ( i i ermane! ana ea ara I ( pered yf ra ad pere Ca } i t Y c y l r } y l ‘ in t I t iy be reache ul i1T As tl Ss are i t ¢ Y pra y r ) a} en I nor: ‘ Y r ngth « tly the distance of tl t tne lug to the wa Department Laid Out for Straight Line Flow of Work t f ner < rl i I h efficiency of tl ( g I the enera 1you ind t tl ndling ! ( line ‘Ol! l ib? atul ! and other ai more prope. be ig OW cript I I LT ind ti tion. Wire rod Cols pa A W | no JACK racking stockr« through tl ( ise and baths ar nt ire rod drawing and sizing depart nts, where the first step in the tual manufacture of bolts and 1 ces place The cleaning 1 narrow in comparison forming a issagev terial from the r manufact ng depal ! | e seen that tr n pe! end and Ss thu pat ! ciosed ff ell I ise. The ] ng ends alm the entire F roo th nr iC d e¢ i, Mn tm Y engineering a new pickling room layout and provid- ing new equipment accordingly, the Russell, Burdsall & Ward Bolt & Nut Co., Port Chester, N. Y., has put its wire rod cleaning on a more efficient and a lower cost basis. Of the improvements, the tanks and their auto matic temperature controls have contributed a large share — ee CUS Pickling Bath Temperature Controlled \utomatically at ( ea n t : ‘ a I a N nd i i T ra A ' T 11umii! i i icnea I K ‘ equal I I ' he } al tea i 4 in : I | ra ( ne ‘ } ' t i ne pr ‘ vy} ‘ 1 sever gh tempe ré re ire vered ( ind the pr Ol ’ t i ible i) é i mat rking ’ se and lime operatior the I-b igreeabl Aut f ntro Carries tne yoke rest n tne i¢ perature a ir treedom trom n I irregularit we is ecor Ww! in this part of tI roce : ' i Zz Mach acid tank s¢ n is heated a tn thr UTOMATIC controllers maintain the pickling baths at the proper temper ature. They are adjusted at regular intervals by the gen eral foreman who sets the temperature for maximum efficiency as determined by tests of the pickling solution made twice a day The fron Age. December 10, 1931 1485 Control 1486 tank ectlo the pr ner | it off a nN adait n 1 ne acid olut tor ne T 7 rt? y ' ] it > t t t Locke d Y rijmMe?r T +} ? ’ } ? Y ( Instruments Located loset The lron Age, December In 10. 1931 lina high l result acid and pickling peeding product of the pickling, increases, ths acidity is raised in order to keep th: pickling time within reasonable limits Before the solution becomes so heavy that dumping is required, the acid ad ditions are stopped and the tempera ture is run up to 200 deg., a pri cedure intended to use up as much ot the acid as possible before dumping b] e econ and thus effect an apprecia Tank Designed to Simplify Propo tioning of Pickling Solution Approximately 2 gal. of commercia 66-deg. Baume sulphuric acid is used in pickling one ton of the coiled wire rods, which are for the most part of low-carbon steel and range in Zz from No. 5 to % in. This acid is tored in a horizontal cylindrical tan} that holds about three tank carload From this tank the acid is forced by air pressure to a smaller supply tank mounted outside of the pickling room; from the latter it flows through pip ing and valves to the various pickling baths as desired. A noteworthy feature of the supply tank is that it is proportioned so that each 1 in. of tank depth is equal to 1 per cent of the capacity of each pickling tank section. Thus, as each pickling tank section holds approxi- mately 1000 gal., the supply tank was designed to have a horizontal sec- tional area of 2310 sq. in., or a ¢ca- pacity of 10 gal. per in. of depth. If it is desired to add 1 per cent of acid, for instance, it is only necessary to run in acid until the level of supply tank has dropped 1 in. as indicated by a gage located conveniently in th pickling room. This arrangement greatly simplifies adding any desired percentage of concentrated acid to the pickling solutions—old or new. The general description of pickling room layout necessarily in cludes the important item of prope. ventilation, the lack of which is det rimental to the comfort and health of the operator and adjacent fellow work men. Louvers in the walls. neat ceiling serve to draw off the few fumes that are produced despite the lose temperature control and the us¢ an inhibiting agent. A large air ict extends the length of the depart ent, supplying heated air in the vinter and unheated air at other sea ns. This current of air, directed above the tanks, serves to carry th né ipward. So effective are the us facilities for assuring “fumé rking conditions that tl kling room is distinctive for th absence of unpleasant working cond ns A Pilea for Better Methods of Selecting Tool Steels Recommendatio1 f Ste vl Present Methods of Selection 1e Iron Age, December 10, 1931 1487 ~n lectiec The Iron o > e. De cen her 10. 1931 \uthor’s Experiment ¥ ‘ In the table the steel the most is given a commercial rating o 100 per cent and the steel showing th maximum number of feet of tubing per 0.001 in. wear in the diameter < the die is given a maximum property of 100 per cent. costing wearin: Wie q P From the table it will be noted tl her¢ no relation between the < mercia rating if these steels ar ne earing properties, namely, t! Le teel that has the highest c eX’ Some Companies Have Succeeded in Depression The Bureau of Foreign and Dom n c Commerce has completed a sw ( of business concerns that have ide material progress during the de on in maintaining or increasing es volume or profits. Three hun- and fifty-eight examples, com- prising 202 manufacturing industries, ‘ 13 retail distributers and 10 whole j e} we gathered from various pes I business throughout tn d eid ss In ummarizing the reasons ypes of policies that have been essful in maintaining a good reco 4} f sales or profits for these companies — the bureau gives increased sales ef forts and advertising first place. Ma 3 research, reduced prices, cooper tion with dealers, improvement of se! 4 ce and management of salesmen all ipy a prominent position in t! arketing programs of these co! Among the various types of com anies in the metal-working indu les, whose experiences are published are those making the following prod icts: automatic stokers, piston ring iluminum and brass products, electr velded pipe and other welded equ ent and motor cars pie of the report nay b¢ ) ed from the Bureau of Foreigr nd Domestic Commerce, Washingt naam Re ro 1776 plants engage n making electrical m ( ! ind apparatus showed sa I gyrregating $2,230,361,000 in 1929, 8.6 per cent or $859,957,000 ndustrial consume ! ! the Distributior I Ver I lass of consumers is m: f manutacturers, powell t railroads, et« Gas-Welded and Brazed Joints for High-Nickel Alloys ly chrom . ll! ( I articuiatl \ igre Al whi 1 a are ed ey W el l TI \ ) Tk [ ve ust touch 2 y f 4 . ] \ ] i ! i il } en t f y i? ’ ar y 4 1 | } 7 1 rar y tensile trengt al rittien¢ eta rt f ‘ lig \bsorb Heat Prevents Bucklin I emperatu : ‘ B . , : ’ , - ' r ] ; : i ‘ A I i N y } thy. a : ' . l ne i | YPICAL welding ji ra i re eet for butt seams. When I Ne! a backing plate and hold ed ft Dr ‘ na ' hye down bars are lamped rption at a mir } they act as a neil at } 7 , rbing heat that might ; : a a — 5 therwise warp th ‘ FET % ‘ k Rp VE +) y y ] CAST IRON OR STEEL BACKIN ’ r iste ‘YT } t } r rang r \ . } ' y ms troy , ‘ rma I ] . gl — y ha I r tn rea n ¢« i I l ! I ' 4 1 n nust r€ taken nt n¢ ] I tnat nm inau stre € ‘ Dp r ex ent while the Ne ta ul ! Y ind tne weld metal al | : y adajacent meta ire r igh the hot-short range. 1 plished n part a Ving netal t¢ iraw and cont RIGH WAY ; s anner i! id of | ! i VEN FSA ALL AN AR ; ETHER to prevent ntra . . ? I a A are metimes t tuted for th ectangu i ate aing ; har hown her er jige ENDS UNEVEN-SIDES PARA I f AND TOO FAR APA } ‘ y ete ! WRONG WAY FINISHED WELD The ige. December 10, 1931 1489 Tron not dissolve 90 deg., the turned up edges bein ta ifficiently te as short and as nearly the san anc n height as possible. 3efore assen ither diff ing, the bottom and top of the sea ling is painted with paste flux. No we 1} LY eX ng rod is needed, the e form though wit! being melted down with the acetyler r¢ lr} flam« and the crevice left « onh-} ir ‘ hited in witn eitner ( e! older, vell W b 1Ze! % hite brazer, depending on e | 1 n n prol involved. \ in h type ld be ised 1n A fs j ng sean ! nin gage neet i n the making of heres b veldit Preventing Gas Absorption two half sections together. { ‘ ' ‘ ; 5 Welding Nickel Alloy Tubing Li¢ seamli tubing and pipe is ava n all three high nickel all nd in the fabrication of these the veral type f join usua ‘ W nh pipe or heavy wali t I ne i are evele to a t i W deg ner icked n opposite ak : am 4 r pacing ol ibout 1 t a ! t I at the bas« the ending n the diameter of wa hickne If a straight butt ised n gging is necessary. | he higher walled tubing the joint ade with lver solder either as ( r r a bell and spigot Joint The ) t ny} rtar requl te is tha e fit be good. Tne recently developed white bra ng rod fills the gap between silver oldering and welding rod, flowing at about 1900 deg. F This relatively rh melting point is in its favor when razing with it, the braz have solidified and contracte ightly before reaching the hot sho1 ang t] heet metal, at whi ! nsiderable a I nt iu a I a +n tr ton jig used in making girth mms in a truck tank Note jacks for spreading the ae Abrasive Resisting Wire Screening \ 1 lopment in the anu of alloved steel screening, wh nusual abrasion is to be resisted, nas Jersey “Abraso” EE sprii is adapted for use on \ ng rotary, shaking and g ree} l pra e resisting a oved ( ! ra special proc John A. Roebling’s Sons Co., Trent No J supplied in pra \ ions Irom 0% no a VY t ls meshes nch aa 4 q y i er oi the Crane ( W l rd of 10 or more years of servic« , e receive bequests of the corpor: : : is I mon stock from the est y ( , i ve a R. T. Crane, Jr., president of t : ’ -e ' any until his death recently. n- ‘wrenes : 7" Woldi: Seater Baa estimated that approximately 65 antits ‘ ices ie aie = a ae eee a is 000 shares are involved and som ia | ? ‘ ln ; aa ee - = 2 _ : ae = my nea Dy where between 38500 and 5000 er ee ee ee ee tly less than ployees will be benefited. 1490 The Iron ige, December 10. 193] Mechanical Handling Profitable for Small Jobbing Foundries Engineer Says Such Plants Can Effect Savings Even Though System Is Better Adapted to Production Shops [imate e! ver 10, 1931—1491 Operating Probl Hearth ems in Open- ractice Speed ot leemine i Heat ' 1492 The lron Age. December 10, 193] lustrating surface cracking in lling a slab ingot the low-carbon variety will rim bett and faster when shaken. No ingot was reported, was found to grow being shaken. The shaking motion the gases out faster than otherw resulting in a smaller amount of regation and in locating most f egregation in the top of the in Here the regular crop will ren \ f the segregatior ery I eft after cropping 10 pe In such conditions, in steel of 0.50 e! manganese the variatior \ ! ry ind ottom was ! } int A thi kir { ch 1) ny Wa Operating Furnaces Through the Week-End { | ( od W | rted t¢ ive I il n tue cause ol all iniforn emperature met} orte to ive r hot m¢ but tl 1 matter which 1 Vit e relation 1 st f ( ant crap Furnace thu erated are Kept ilway n thelr n | stride, and possible to ma ne I pe . al »T ot ee] ae ‘ \s a balance wheel, it was sug + + | gested tha teel made for banking at od would go a long way ward meeting surges of business ring the week, or during the ensu and thus avoid the expens: ng on additional furnaces. Adding to Air Preheat Q ECONDARY regeneratol . de ; 14 | 1a ynal regenerative cay € ) r€ al eC no ive an increa of prehe he a In the secondary unit é laid up witl lid I ! va In one instance, v tor I ‘ nes¢ wall cle { 9-in. brick, laid at 1 é net f the cha ‘ hambe measure l ft ! ll f t n. wide and 4 é he spring line of the ar Each 100 deg. additional temp¢ ire given the preheated air wa rted to increase hourly prod f urnace by 4 per cent, a \ { per cent the an nt ed for each ton of product Combustion Control on Open- Hearth Furnaces \ REPORT was made on the <X eration of a Stevens f a of a \ irnac was viewed by the member ee two years ago at A n, Ill This furnace is now in ird campaign, using an _ all- irge and burning oil as fuel \fter the first two campaig1 which were respectively 536 and 534 eats, the furnace was rebuilt each me from the floor up. Up to the late of the present meeting the third impaign had reached about 660 Proper Heating of Ingots tor Te Rolling ' () Inclusions in Steel frend in Combustion Control Vleasuring Depth of Reactions \ 7 . A Fiay ' ed red aly It y r} A i What Benefits Control Confer ‘ f L¢ y : ’ ; a ng y r [ ) y I " * y aie n of ing ma . ( H Dobrir Y ' I g r, Pit gh ‘ y y r : ro { ‘ - { ‘ . - The Iron Age, December 10, 1931 1493 1494-— Stabilization Through Banking and Fiscal Policies el a al credit, tra : ( 4 n \ I 4 r ’ 7 aA i ( ! ! dificult nit which side ! the balan: iring inflation period ! ! hand the modern inve ni ma r accelerate ( n pal ! ! ed and tend consun tl eculat ’ fiat y l ntiy ul nded ‘ eae s inne e 1 in } Y ‘ ? ruc n ( labo. ’ I t Cal tT il ? ! ising el n become f and I pread pation it curit peculatior = SEEN: SP oe ! ( n and } I \ hhe ld T} I n an ipyec O ] equ ring deflat ! On the whi I thin e balance of n¢ ncreasing]) fall n n l I estment r ; atio Confiscation of Savings During Depression . i \t any rate, when the new p1 capacity comes into use pl = n again runs ahead of purchas — 7. “ wer and the decline of prices The Iron Age, December 10, 1931 me a ™* a a ' SALA TIO s a problem of finance rather than of industry, according to speakers who addressed the Mechanical Engineers. Both Virgil Jor dan and Paul M. Mazur, prominent economists, recommended revision of our banking laws In addition, Dr. Jordan urged taxation for public works as a means of stimulating consumption and bringing it into equilibrium with production Booms and depressions, he said, represent a violent means of confiscating savings and diverting them into consumpti whe th +h a+ er cation can be made systemat nooth and as painle i — ye Oe Readjustment Necessary for Si of Capitalism %) ~¥ s - = -) — > <S o % -_— = The Iron Age, December 10, 1931—1495 Industrial Standards Stressed tr si ister be “scan “teterm Address Before Taylor Society ng given to bot hence | ut every rnin S TANDARDIZATION of pro ul elds of d | ar tion operations in ! ght iron manufacture and P ee ? Revision of Standards to Be Expec t jievelopment of cost stand ir for varying profit objec etter Y ire outlined at manage ! ( i nt meetin vvyv \ ¥ B l ( B r 1) LT i | Lire I I T VT ] ited } erfo} i es pe ! ! ist r ] cte ; ? ind rie nod Cl I n accordance with fluctuating | ! ¢ In further discu ie paper, King Hathawa ng ngineer, Manning, Max & Moore, Inec., New York aid \ idopted by M ompal luded all the ] : . erT iti na Standard Costs Are Guide to Futu of Business i il \ ( al a tn hh \ lar ’ ict i crop NEW OFFICERS t ENT Sanf } ! 1 Th mi " 7 htn F tor T i CE-PRESIDEN AN H Lof ‘ wel W H Leftinew in \ ‘ i ‘ New York TREASURER: Edward W. Clark e tonr el ted i" W orl Cc ] i iy } ITY Philadelphia | rd f l RECTOR ( f Erase ist . y ff. T ’ Ch . 4 aA é nt ‘ niv itv of hica ‘ ) ' ind } iT Tre ( t 1496 The lron Age, December 10, 1931 Advance in Steel Mill Practice in Europe C hot steel pier ed by i down through dt nnular plunger 6 > kaxtruding Steel Tubes 5 th irrangem + th r t may | discharged in either direction upon approach r viding r llers to bridge the Zap The Iron Age, December 10, 1931 1497 ) and 20, 1952 The forms and met! r th iu n plar will nte the Nat ( | f / I) f ft-f i | a a | Gleason Work Rock + ented Ya Zl i} mrs Tl L3 Steel Boiler Business £ ockett, secretary, in Lower in October ( mbe1 ( oe ce. M 7 aa cae 1 gore S = ! = a Mm th Freight Rate Changes es Suspended Until July 3 Steel Barrel Output : ee ee ee Higher in October We w iron Ure In ts Shrint all SI ( VM ; val : } ‘ . ” -_ rrodguction \ ontro! Pians ' QR to be Den onstrated 1498 The fron Age. Decembn l0, 1931 New Hydro-Pneumatic Accumulators | ¥ ¥ r- =? BT pao ae SS ‘ > a : jm f we Fi DH Lt cad i —-, 7: ‘ m Hydraulic Hold-Downs Used on Cincinnati All-Steel Shears ia tn mm A New Ceram« mber 10, 1931 1499 The Iron Age. D Washer Punch Press of All-Welded Steel al 1 ) \WVELDED steel iT i construc nha ulted ime tant “ ht vines with } ; ‘ t +} ity , wr Ww ww New Flash Welder with ae ies pepe Hand or Power Drive Sisal ety Clos. oieans seumlaanak VEU } } ¥ t oe { +} it } \ I ! veidel ( ntrolled hy fan OTOR - OPER ATED push-up and air clamps have been installed on the machine illustrated to make the welding cycle automatic 1500—The Iron Age, December 10, 193] receptacle at oducts Steel Corpn., equipped with the standard hand maximum magnetic adjustable automatic The transformer is mounted * the flash and dirt fron affords wate! protection a sheet metal guard. tandard wound for either transforme}! ts having capacities up distu) balance of the Hard rolled tne The press is now By oatesville, Pa tak Witt cut-out A five-point pr differs ru capacity 140 opel al furnished on special order. T + Oo ‘onne bh supplied, ie welde1 90 x 67 in. high. Equipped w push-up, Single-Spindle Boring and Drilling Machine ee for either single-spind a & 4 drilling or boring as illustrat r use with an indexing table ESIGNED ¢t combine essive ope ration on the Sal strength and simplicity a new hydraulic qe eq macnil with flexibility of operation ! as No. i VH_ has ns The set-up illustrated is f ced on the market by Baker Brot drilling an automobil Ine., Toledo, Ohio. A larg cluster gear iding on scraped ways ar ng the head mounting, is e company’s patented “twin ] vvyv iulic feeding mect isn vl } lind . prises wo cylinder! VOrTKINZ ! ne n eact if ) ‘ ) V-belt ! al Y rat l ng pair of spiral bevels at 4 ur geal ( iy The gears a ide irdened and g ind S yunted on ba yearing I it ibrication \ a PEC ra cr ¢ ty ‘ l one ng T a ] re ) Y Y ry n ; y y I I ( ) n qadlia { } 7 6 r.p.m. (correspond! A t , ed of 70 ne mit r ) f ’ 4 ‘ imeter ) ne pindle nsn l 10 hp . \t its upper end, the pindl natic; depre ned to S.A.E. standard i 1 inted on preloaded ball ring e, the spindl ible ving capacity for thrust ip to 10 apid traverse f ] ft ' istrated has a rtica ; ) Ib. In addition, thers . larg trit nto feed at ar nt for sottine % ' esired |} ' . , . , = ' ial-thrust ball bearing in the up} int, di dept ' \ K-tv pe lexing table car ful aring of the head housing. On sing natically returns to t ne hed f nultiple operatior B indle machines the spindle-end t Rate of feed ear , 1 aa ten ded with large pans t Special Machine Locates Spokes of Wire Wheels oo REASED speed ar ‘ I Bu Wt ‘ : . ig’ ‘ ' re Wr . i ’ a r ’ ' j i t it i 4ae i 4 puncn act ndenta I | achine f nD whes : not nent 1 neo eac? ‘ ‘ 4 ir ittor a ira ‘ ate ( r ry? y ay nr Y ’ } , Ace ne : I WwW) ] r | nt +} . ! hick 1 ner The Iron Age. December 10, 1931 1501 W passes t solvent, thence werful streams 1502 olvent and thr nters at left through a f unas fb wr wy y ip’ nere iustrated wn re Conveyor-Type Washing ot eae we equiring®’ correction tor variation , barometer readings The inst Machine for Metal nt, which is of the single pen, 1 ordaing type, na een developed e Bristol ¢ Wate Conn ( n produ n pt es here [ ntenance <¢ 1 aennite degree a I cu ! nportant { iesligl oO ¢ I I te tne } ) n niu ! nd dela esulting fre 1 ng ometr rrections Gages of this type can be furnisht ! as low as from 0 to 50 mn , ead of mercury pressure absolute alent. The actuating mechanism of two sensitive diaphrag a a oo ; 1 ements, one connected to the vacuun ! nd the other dire tly affected by | Recording Gage Reads arometrie pressure variations. The . esulting movement ‘ron ese ¢ in Absolute Pressures ents are carried different 1] } ’ lich re ra na uitable chart \ f r flush mounting tn tn Mr BSOLUTE pressure gage A with case opened to F show operating mechanism Two sensitive diaphragm ele nents connected by differ ential linkage give readings independent of barometric Variation i ra vTvy ring a I i The Iron ige. December 10. 1931 Price Structure Shows Much Weakness This Issue in Brief Calls stabilization through trad imsoctations '" Pp in ts ut ' ¥ a at Rushing the pickling process ts prevented by locking the tempera ire control instruments ‘ if %3 y Puckir } olves surplu eta problem t deep drawing Not since 190 nave iron and experts reached the low total ( « 7 - mag ¥ , 1EX I WEE K | ies 1 struments ofters an excellent method J 1 r a eT rod er and ft uncovering features in design or op 5 é tf equipment t search as never eration that need correction. Prac- ee hidds ‘If t Ss tical appli itions of such instruments { a a a } ePcise easurernnye ! 1 t ‘ ’ iy : ne ae scribed im our next tsstte am & Decentralization of Industry eveloped am aul Urged at Housing Conference form in Railroad Rate Structure Suggested as One Move Toward Re-Location of Manufacturing Plants ousing Developments Commended WV o view to « [ 8 \\ lent’ ( nt y y D i é B ~~ Mn Commerce Commission Revises Rates on Pig Iron, Scrap, Etc. ‘grees to Changes Suggested by Railroads in 15 Per Cent Case Advances May Become Effective Jan. | . December 10, 1931 1505 n Age Soft Coal Operators Plan to Stabilize Industry Rityminon »] onera Lior L.é istation hn An thm Government Steel Pp; ice \ vy Inquiry Nearing End 1506 The Iron ize. December 10. 193] when the in ation is completed and also de- ( mmerce Commission termine whether the department will ceedings n was suggested Dy Interstate Commerce Com n after Senator Couzens of an criticized the maintenance iniform prices of steel rails and 1inir at the same level in falling prices of steel and i } f Justice 4 ' the in Y i the e¢ ( i ind Dal a An tm Declares Prices Firmer in America Than Abroad te nat a a a i ? | ) ; a al } } ? i ntr iT \ y 4 ‘ { ’ 4 l ( R2 ‘ > a a te Mr t New Company Engages i Welding Equipment Fiel: The Machinery & Welder 2604 North Avenue, Chicas has been organized by men long id tified with distribution of weldir equipment, and will serve as the Ge: eral Electric Co. distributer of welding equipment and accessori¢ the Chicago territory. will maintain a pairing all ment. Its rental of new and rebuilt equipment. pany Cory Cicero The compa service shop for types of welding equ service will include and the sal The ¢ later enter the resista velding field. I. P. Kohlbry, formerly of Hal; Kohlbry Inc., St a? ’ machines may we ld the co sociated Louis, lipment distributer, heads pany, and with him are a C. Kel ey, formerly in charge f chinery sales in the Buffalo di r Joseph T. Ryerson & Son, i R. B. Roger former instructo1 re velding at the General Ele ch at Schenectady, N. Y.. and Keene, wl will represent the al nN ralroas ale am hm Suggests Rustless Shaft for Edison Memorial \ oncret« m ympletely sheathed with ru le teel, wa for an E morial by stanley R. Keith, é Mfg. Co., Ea Orange N a n 1 recent the Manufacture? Club ol molith, 840 ft. advocated addre Bloom fie i e¢ I ira r t ( an ene? hou | ri¢ 1LUure ( f i ex” o 1% ¢ ne i ! A O ¢£ ( VY nerati I e | es ‘ t a | emen } no \ | j Y T ( ipex, rea hed b 1 ra ( Such } ria erected T | 1 Rock, in Ne perse he said, would le fro ne sea well as y entire mett in area. Then h ¢ } é ] n &84 tie) cl er in diameter than the rneath and 10 ft. in height. TI \ of our mathe ( re I Ed son ve}T rele ( nsidered a } g l er r i€ M Ke . i l! l er ‘ at the Beth] duction of ordnance enem ote President Recommends Acts to Relieve Economic Depression ee n His Message to Congress He Suggests Reconstruction Cor poration and Various Other Emergency Plans Y ASHINGTON, De 8 I / nomic conditions growing of the depression and r« ' Ie l res i € eve the | treated I essag ( Rea awiwies Opposed to General Tariff Rev reducing \ vas empha e! n¢ a i ‘ 4 e ecommends Kailroa latiol ck th N ge i€ i n many 1 wor! eY i ul S : 2 sie: nesteiiniiataes: Ciieiueeiian gr | WellmanEngineeringBuys ak ened ieee Mock Part of G. H. Williams Co. The lron Age. December 10, 1931 1507 Exports Lowest in Nearly 27 Years; Imports own Also urs ns eX t move f the hoops and bands. Import n rap, of plain material from France tot ns went to Japan, 104 2029 tons, while 999 tons of hoop Car ind 9 tons to China bands came from that country. ] n el n the finished Imports of ferromanganese incl ! LC tes heets, of 672 tons from Canada and 118 Canada 280 tor Of tl from Germany. Imports of mang ruct ‘ iterial exported ese ore amounted to 21,552 lotal shij Soviet Russia supplied 8980 t vere 16,522 tor Brazil, 7463 tons; 2600 t on, i ns Gold Coast of Africa, 25309 ton Belgium supplied 12,608 tor iviest m 12.8 per cent, of the total Oct hapes, 6416 mport Imports from Germany wi F ! ! finished tor 1996 tons; from France, 4304 ton Belgiu plied 3420 Finished rolled steel exported . r the ywwest since January, 190 i lled steel imported was bars, highest (except for July) sine 159 tor Apri Semi-finished exports were urce I OWE » with one exception, In ab wo yeal ind semi-finished imp ( led States Imports of Iron and Steel Products into the United States ) 1508 The fron Age December 10. 193]7 2 TE THE ASSEMBLY LINE _—= IN oe rE di Ford Expects to Make 120,000 Cars in December and January ~ Mm te n Dod hich permits a closer at 2,343,834 units. It now looks tarted turning it its 19382 fitting. freer acting, self lubricating though December production will 1 at a slow ace, it 1 ton surface, thereby reducing scor be much more than 100,000 car a incement ’ and preventing piston slap. This means that the year’s total lary \ ( bearll I > new models on four wheel be about 2,450,000 cars, compat er na I ! ba inging from 117 to 135 in., with 3,500,000 in 1930. Just how rod n line fi i eX t $840 to $1,890. Eight operations have sunk in the f i i 1¢ are f the convertibl quarter 1S best realized by point , nt {Te ewhat out that total assemblies in Oct 5 I actured JUo cal n November and December will not ared witt O12 in Ov ceed 0.000 cars, compared e; ! ! / in Novem! 1950 92,867 cars in the peak month I I ! } ndard Apri ( n i dl ire Mlectric Auto Lite C ha ng air-flow awarded the contract for the start V-sha 1 radiat ind rhting and ignition equipment on New Model ntir vind- the new Rockne ( } eT ( I T expecte A act { first quartet. teel contr ‘ ca 7 he middle oO Dex ind | her Body Corpn. will issue ar | I : I ‘ i l ee h rtly f I its / iT I ( ( ( iT aking’ Une l et hodie ‘ y eased So,00U0 tht} au I y YY nt 193] commercial car reg tratior in the first 10 months of this yea November Sets New Low Mark were about 128,000, against 91,000 f seca Chevrolet Dodge commercial sale a lor vere 12,000 cars. International 19,000 General Motors Truck 5800, Reo 44! Willy 555, Diamond T 2200, Stud | r 3150 and White 2275. . nt fi suick’s accumulated orders at tl r f N mber were for more thar 16,000 cars, the best showing for tha : ynth in the company’s history an mh p | | the 108.939 ( Y LO Yr ? i9 iron mports ' a S 19230 I} l ‘ ! ‘ a .) oa () ) } nee 19? 1 rop Again : \ peen the Ca Tor l ! to t B h India led a } r¢ f ‘ with about 77 per cent tl ( n ired WV h 69 per « I 1 e) lr he 10 mor lr t : \ nwa t it iY per nt, agall ner cen he 0 montt m0) 2 | } In tl nger period Netherlar () va n cond osition thi eal ra ir behind Great Brit y Sweden, in third place t! ~ | B all vas ] ’ ) Imports of Pig Lron by Countries of Shipment 1510 The Iron foe December lO. 1931 -PERSONALS... a An Mm Charles L. Allen Honored by Norton Co. Associates The Iron Age. December 10, 1931 I5il WALTER W. CHENEY, JR., vice-pre BI I AR Y dent of S. Cheney & Son, Man =e 1 sae N. Y., died of pneumonia on Nov aged 43 years. He had been a d en engaged tor and superintendent of the « M I I r man eal Vix C} I - rraduate he Shefl he ind and some Scientil School of Yale Univer ’ ( l and wa 1 membde} f th Natic 2 el Founde \ssociation and Ame} ' ‘ ne H ] ! me! \ 1 Y ete te nv ir ia taris Silat Was hdd - ; ( Wilmerdin Pa * *” Vna iT I ! l : on I ba ! re He ort t Cer I oe ! R59 nd } the We ! +) In \ . cla \ it ' \ ae | a | ( I \I )} { ate a » Valley Mills to Work for ae / . u : River Canalization , ees \ a ! “ { i 1H = i! ng ! i n the lows n nam & European Car Builders Meet British Competition GERMANY NON ‘ newa é Y I (ar Cat iw I K eT! yusIness bel! eT } Britis UY lilde 1boeU l { cel ' 7 ; “ ‘ I t if a } 5 r cer \ al iT a i1U per er , , per rigerating ar iu 1512—The Iron Age. December 10. 1931 ingot output in November Upward Turn in Steel Ingot Production P: The Prolongation of Readjustment \ R 4 The Iron re, De ce mober 10, 1931 i ’ an argument that tne deprt much longer. Well, it has, and so pe¢ fluenced to appraise it as all the wo lasted so particularly long. It n tient has been kept in bed longer tl en the case if nature had been allow The badness of this depression s| sed by reference to its length. H f ma udge that the jol N71 rates for labor in this country ‘ly complet The unions of building m¢e surrendered almost everywhere. The till standing are in a few of the big ton and New York, and they are about d, the Boston carpenters have alread) In the New York area there is extensive et collective recognition. The latt delaved. We are getting into a pos iilding next spring. A year ago tl f instantaneous effect. The stal ir na produced an adverse credit situ: has to be corrected. The building m« over-played their hand. Ruining destroyed many other persons wl! tential customers rotherhoods are still pursuing t! When the merchant finds sales reduces prices and aims to attract rease volume. The railway broth en their passenger and freight traffic ¢ een many of themselves go out of e! they continue to proclaim that the ! inchanged The railway compantt ed rates instead of lowering then e mon sens\ yMpanies are beginning to go int hey will then dictate wages, perha} { he brotherhoods do not apparent! t are ham-strung. They used to ha’ the strike and the enlistment of pu eir favor out of a desire to avoid inco! ] | ie truckmen and the bus-men eagt isiness that the railways relinquis ght now strike themselves into perma ment. Already they have lost a golde preserve public friendliness. They » save their face. If they do not bo The Situation in Copper T Gay Prismatic Colors in a Factory VHE Bur | f the De The Iron Age, December 10, 1931 1515 Grinding Tungsten-Carbide Milling Cutters . fine smi rn uitin eadve Is t he Hirst essentia ne Succes tu operation of tungsten irbide ne i plentiful supply of water and ht pressure on a suitable free cutting wheel properly trued and running without vibration. We rinding is much better and faster than drv grind if necessary 0 rind ary nowever! Go * 1 ' he he { in wate to cool heep the whee re rey nd do not illow the tip to be } ed in either wet or drv erindine | ‘ t 'e je ified ! 1) ) mt j | j DOSSTD LE nad the 0} al | i} { I ci the I edu : } +} +f ( ! ( I it eneatn the Cultins possible all inin traigh ! me mm oT ol cone é j t | el ie vyne¢ \ Machine Tool Plant Keeps Separate Engineering Costs ( cluded fro page 1477) a mprovea Engineering cost are a n the st of maintaining factory productior must be properly allocated to the indivi ts to determine the profit-making product t ausing lo eel put on nis toes and he mak fF keep his work within the bounds ! } he has definite marks or estimate [f he does not, he knows that he will be ( leviation rom the predetern ! furnish conclusive « el ( Tl? il¢ vere ( mie ( The da ast approaching ee) department workers will be workings tablished standards and their pay ordaing With the establishment ! l elopment standards, 1t would be ‘ < n tter te elop al ncent é i f tna O 1 be neficial t Ul e! ] re ! ne} eT il) erne ncere be that the careful appl f principles outlined above, the costs ’ { n most every type of busine fi ( trolled and at the same time su reduced Management will ce¢ facts con ning this departme heil ( n then e whatever method make that department as effective ani I { leeds of the particular business d ( ! idequate intormatio! ta lt ‘ t ne i ©! TO O T I nto a» tm th Analyzing Rustless Steel ETHODS in ng and Cc] el all teel for th \ \ 1 1) ry } | runt } zs heen ce ) | + h Na ! Phvs | OY ? nee) rie ( T ) ‘ ‘ od roposed t BR hN y T T } } f i t ’ ‘ } ? i | mmend rié é é ! yé ¢ | ry ( ] \ ( ne T - | } } ( ] »4 l¢ rT) t ¢ Té | ? y er! ( } 4 } a tT hné ? eSé ? Steel Operations in Further Recession; Advances and Declines in Prices Year-End Buying Retrenchment Brings Drop in Ingot Output— Wire Products Quotations Higher—Some Sheet Grades Lower scomber 10, 1931 1517 a 2 4 A Comparison of Prices 2a Market Prices at Date. and One Week, One Month and One Year Previous, Advances Over Past Week in Heavy Type, Declines in Italics Pig Iron Finished Steel, Billets j . Old Material shed S Coke, Connellsville, Metals aaa lhe lron Age Composite Prices aaa Finished Ste Pig Iron Steel Scrap 1518— The Iron ice, December 10. 1931 Pittsburgh Steel-Making Rate Steady; Declines at Wheeling and in Valleys ar , Pittsburgh district ingot output ) mated at 27 per cent tor sé week Operations decline Wheelin r and in Va vs Miscellans Us cONsUmMpTtiIon of stee i rte i! t receding 1 little this montl no sharp drop is expected ! teel prices giving gt Te rurnact I i lines An advance for first ter on mercaant wife i cts nounced Bars, Plates and Shape \ No revision of pig iron pr first quarter is indicated ‘ ' ' a ip irket dul ‘ ire fairly steady Ww Ww ww Pig Iron f | ¢ ? Cold Finished Steel Bar W Tubular Good: : Semi-Finished Steel nA hey } ‘ na ty 1 4 x The Iron Age, December 10, 1931—1519 1520 The Iron Tin Plate Dec mre r 10, 1931 ae \ n at 5.40, ( y ' 4 ( Dom« Ke ! } Y actl\ i m A i¢ Ferroalloys t | Va ( rro Atl 19 ! DiC ) i! I qi a / .y fF SR S1/ ne Wu i on T¢ i ) aownw ( STE ( falled now ! ! ‘ hell X ear rr ‘ y I COT if in eC» 1} ‘ Old Material *) Avi ‘ ’ I 1 rT y ¢ Ney 1) 4 i TY ’ () ival’l H ( I nar} al I art A i a . iré ( A te te Ouls Pig lron Users Still Hesitate in Placing Contracts for the First Quarter Old Material 1 Material abcd. ee tae Pig Iron a tm te tions off Sligi i ( ’ } ' Nniiis ~pecificat I ‘ uriy idy bi { rht novements the rincipa elopment of the ek ‘ ( eh ind ers rod t 1d\ ice F¢ inga ‘ ed ( ast it ‘ \ ; ‘ freight te } 1 € dy } ‘ igo mulls W t >ma et weal cet tT ? ’ ’ vwvTy i » ‘ j YU n t Wire Products Chicago Milis Feel Effect of Year-En Curtailment of Steel Buying De ce mb r igre. Iron Rails and Track Supplie Reinforcing Bars Bar Wire Rods Old Material ; 1 Del ig) ncon o 1522—The Iron ige. December the f ient are of! ifficient they hope to make use of after tl f nee rice eve ( t irn of the eal y I \ i n ina Coke further Axl Shipment of Northern produ ' foundry coke are practically stat ly 11) ! ! rv, a the tonnage needed for he ! ‘ i ng pu f about offsets the drop roach On ¢] oke used for melting iron. Prices ari eady at $7.50 a ton, local ovens. ‘ n¢ 132 making neadwa Youngstown Operations Lower as the Mills Still Await Larger Orders from Automobile Industry r () P irg LJ¢ i 1 I a ilT ( ? r i ) é é pects release I tne atte ’ } nt} i1Ke! ne an l ( l i inl inceme , ) y ] ! I quarte rice ! I ) n Pia a ecel 1? but oniy vnen consume! navy ! ted on placing orde? Thus far led price cheduls hay e! ( maintained, ¢ ept on au } Ps ] we and other flat rolled ma he automobile indu \ e try Bars are well maintained at 60c., Pittsburgh, and this quotation extended into the new yeal Pipe price al reported to be con lerably more regular than was the ( A. I ne VCal [The market on raw materials is juiet, witl arcely any buying ron reported. Lake Erie ful \ ! peting r busine ! itul Valle territor\ I m Cas are naming price ) nder tne regula chedules Sera} es are weakel vith heavy melt ne steel quoted at not over $9.75 n, and hydrauli mpressed sheet ffer a a & & "y New England Pig Iron Sales About 1150 Tons RB ISTON, Dec s Pig iron sale ) for the week were about 1150 ton wout na par with those of the revi veekK and included three 100-ton lots to Connecticut consumers , “i coe t irvest individual sale Prices o1 W ¢ brands are holding well, but ron reported as offered Island at $17.50 to $18 a tor ; ed, without takers. Outlook f o es the remainder of 1930 are rathen the New England melt a shade less than 20 per cent . ' i rated capa idvane f $1 . ton Old Material nounce ! e1 nt Current busine confined to a onal car of material. The dull is accentuated by a lack 1e American Steel & Wire ., Worcester, Mass. Prices are un- Cleveland Steel Output Lower; Some Automobile Buying Demand from Miscellaneous Sources Very Light—Price Irregularities on Some Products Strip Steel Old Material Bars, Plates and Shapes a tn Me oe i Canadian Business Has a . Dull Week 1 i " Wh ( a erchal Wire Products pia oe p , FM a , 1.50. p Pe Manufa Old Material “en ms On auto body & Sheets other grades of sheets h: I m« Pr l II } Q ( e sc es Ana | Pig Iron ili: The Iron Age, December 10, 1931 1523 which make up most of the presem Eastern Pennsylvania Steel Bike, Philadelphia, is still b .c., Philadelphia, is still beir juoted. On more desirable busine : ranging up to a carload or mort Bu in at Low level 1.65¢., Coatesville, Pa., or 1.73 *hiladelphia, is becoming more cor : nor About 600 tons of plates w Some Consuming Plants to Shut Down in Latter Part of Month— be required in a large diameter | Ferromanganese Price Announced ne coming up for bids soon in uurb of Philadelphia, and 6000 to nlates will be bought by the Sur >! yy \ v\ I part pit Shipbuilding & Dry Dock Co Sheets ralvanized sheets in th a rict have adopted a firmer att de on pr , and on recent busine has been no evidence of willi on ne to depart from the minimum of me OOK Pittsburgh, or 3.19c., Philadel Other grade i neet Steel Bars | Except f 7 - — buy ng a al 1utomobile D ! ! in pros] ! hee meta g little stee by Imports } “i atl Cuba Old Material 4 ' ind Plate \ laid eX lL heavy melt- Bethlehem has been abl - vard of 1000 tons recently . n, delivered. Shipments the user at Coate N ( Cor I a - J) al a " I ne incinnatt Pig Iron Buyers Are Restricting Orders as Inventory Period Approaches Old Material in tn tt Detroit Scrap Market Sluggish but Steady ETROIT, De ‘ The local ra rn) Finished Steel 1524—The Iron Age. December 10, 1931 New York District Steel Orders 7" Decline; Some Prices Weak Announcements of First Quarter Quotations Are Generally Being Withheld—Contracting Interest Is Lacking YEW YORK, Dec. & ini ale fT i. 0) awaiting : Part of #3 Old Material Reinforcing Bars a te & Pacific Coast Orders Lar