The Iron Age 1932-09-15: Vol 130 Iss 11

THE IRON AGE - ~ September15,1932 J. H VAN DEVENT Editor CONTENTS The Outlook for Steel Demand Enameled Metal Walls for Filling Station 401 Studies of Seasonal Characteristics 402 Alloying Rustless Steels with Selenium 404 Cyanide Baths for Heat Treating 106 Lacquer Veneer on Sheet Metal Products 407 Milling with Cemented Carbide Cutters 408 Business in Its Larger Aspects 413 August Ingot Production New Equipment News Automotive Industry Personals and Obituaries Editorials 419 Markets 421 Construction and Equipment Buying $34 a tn Products Advertised (Advertising Section) 50 Index to Advertisers (Advertising Section) 70 a ta tm THE IRON AGE PUBLISHING COMPANY, 239 WEST 39th ST., NEW YORK Di on o Unite Bu ublishers Ine SEVENTY-EIGHTH YEAR OF SERVICE TO THE METAL WORKING INDUSTRY THE IRON AGE New stack made from Byers Wrought lron Plates— Pacific Gas & Electric Co. Erected 1932 SEPTEMBER 15, 1932 Page 12 These wrought iron veterans support todays specifications & SIDING a Byers Wrought Iron Sheets for roofing and siding—Americon Plate Glass Co. Erected 1932 i oma wrought iron veterans have proved through service what engineers can expect from today's wrought iron installctions. The recognition for “good wrought iron’ has always existed and now the material itself is again available. You can get good wrought iron today. Every fine quality which made wrought iron give such good ser- vice in these old installations is found in the plates and sheets furnished by A. M. Byers Company for the tanks, stacks and roofs illustrated in the newer instal lations. In addition, Byers Genuine Wrought Iron has ductility, elastic limit and tensile strength superior to GENUINE BYERS 222 AS ING PLINGS N ROOFING /4.\ OIL TANKS Plates. New oil storage tank made from Byers Wrought Iron Plates. Installed 1932 that associated with the o.der wrought irons. These improvements lend themselves to modern fabricating methods. Listed below are products of Byers Genuine Wrought lron which when properly applied will lower your main tenance and replacement cost through their resistance to corrosion and fracture from vibration fatigue. Send our Engineering Service Department the prints cover- ing your next project. An estimate of the cost and sug- gestions for the use of wrought iron will be given with- out obligation. A. M. Byers Company, Pittsburgh, Pa. Established 1864. PRODUCTS WELDING riTtry eS a @ BLOOMS at 8. y: ss PLATES SHEETS SBitLLEeTtTs sSTRUCTUR Se ee: TODAY Water tank recently erected at Liberty ville, IIl.— made of Byers Wrought Iron (ff) ..THE IRON AGE.. NEW YORK, SEPTEMBER 15, 1932 ESTABLISHED 1855 Vol. 130. No. 1] 2 _ as am " tlook for D d Chall Ou or eman alienges Steel Industry's Attenti By W. W. MACON Consulting Editor, The Iron Age hn tn Mr ONSUMERS of steel, its producers, and the host of executives and economists who follow its »rty fluctuations in output as a basic indicator will do well to carefully study the accompanying Ir article. In it, the author challenges the accuracy of the commonly used ‘‘straight line trend,” as a means of projecting “normals” and thus of arriving at production surpluses and deficits. It is pointed out that steel consumption in the 1900's expanded at the rate of 25 Ib. of ingots per capita of population per annum, whereas the average increase during the last decade is about 5 Ib. per person. Must the steel industry accustom itself to an annual increase of only 300,000 tons, or can it, by addressing itself to such activities as market research, lift the rate of progress more nearly to what used to obtain? vrTvwvT ™ TEEL consumption has been tap- while me large n¢ for stee recently held. It , hat S ering since the world war but ire found petitive materials are making inroad » the fact has not generally been The challenge of howing though they can hardly represen n pprehended. Whatever the reasons, met in no smal t by the r nages comparable with those of st« ir year by year increase in produ and steel industr It may be, a ertain it that non-ferrous products per capita of population seems t laimed by many studer yf humar are moving ahead, both in rolled and f a diminishing order, with a sul progress, that the rex an of year iwn form and in the shape of di tantially static condition indicated in vill be marked | I r which displa machined not distant future, ur eal indard of ! gt n and ste A he astic clas aya" = Ss LTHOUGH it has often been stated that steel consumption was on the way to, if it had not actually reached, 1000 Ib. of ingots per capita per annum tin the banner year 1929 production was 1020 Ib per capita), the showing of the trend is that consumption at the rate of 900 lb. may not be a fact much before 1940. Even if it becomes established by 1935, the total output for, say, 130,000,000 people would be of the order of 52 millions of gross tons of ingots, or 76 per cent of today’s capacity. The spots on the chart are five-year averages of production Following are the data for the chart Production, 5-Yr. Average ingots E Year Population Million per Capita f Five nM ns Tons per Annum, Lb QR x0. 16 1.24 Re 6 1€é 86 89 62.9 3.88 138 69 4 174 IO 9 1.4 336 83.99 8.44 492 ’ 91.97 23.08 560 ’ 78.8 53.8 766 71 4.3 728 4.2 43.02 843 121 42.79 792 22.78 39 ) 2 oe ~ ~—n ee re re secu ( ty clear picture of what is going é rn) ’ r | now that the rap d increase hn ' ise of steel in the 1900’s was rend } . . o % roughly 25 per capita per annum, i re 2 eel \ . a rO tne increas¢ began to slacken It 1915 and it now of the orde} f only 5 lb. per capita per annum. «<A . I 3 i With a population of 125 million peo- a . 4 : ) y tne ncrease 1 tneretore about 500.000 i vear, or a small frac ! f the country’s ca ( The la int cor ert n the i! I ing tne irve Wa nat tte n the 1929 vertica this be é ng? ave! ve of e! aplta produc I ¢ eal 192) ] nelu Ve an Mn Mr B Y center five-y verage f producti the trend of the con 45 sumption of steel i rified for the earlier years of the 50-year reign f stecl. but great we the swings of the world-war demand and - subsequently that even five-year averages fail to indicate clearly what has A en the consumption rate for the last twenty years. A straight line . 0 proximation for 30 yea nded with 1930 would seem to call for a 7 ather large annual increase, while that for the last 20 years is less steep l the latter in fact shows wer rate of increase than for any time sinc« A 35 the early 18 The trend of the last ten years is actually downward The question that the next few y« will answer is whether the per -- pita use of steel being retarded Aside from the current abnormally = 30) low output (which is at the rate of only 155 Ib. of ingots per capita per c * inum), the indicated normal rate today is 840 Ib. per capita, against O 70 Ib. in 192 lb. in 19 20 Ib. in 19 120 Ib. in 1890 and 55 Ib 5 122 => 2° oO rT vy? ‘ a rr . CU Oo) 4.) ee | BBO 1890 1900 | O ere he é ¢ ne ‘ m0 1s Y 7 ng ! 193Z a S ! l now indicated } I I point ow l i Oo! tne ‘ceeding onsiderably i l if "¢ y I Certa a for all nt ) neenuitv that the and Even if the everal years should perchance Story of the Per Capita Consumptior verage 50 n n tons or more of 11 5 , necessaruy inthinkable, it : vould represent not over a 6 per cent n } / nerea In tne per capita consumy] ! 1 : ray I though he curve would, of } ee! erv vea ours take on a omewhat teeper nce 188 ‘ r n? lope. Today’s abnormal production n f ( ( ears of whicl of under 200 lb. per capita per annum hat year middle A sn } truly abnormal, and it is far below l trac ring e points ir the 840 lb. shown by the curve as ance oY ( prive ‘ normal, or the 900 lb., if we are able in 400 The Iron Age, September 15, 1932 0-————_—__ the next several years ti per cent expansion. achieve Misleading Straight Line Trend A discussion of the subject trends and normals would not be « without touching on the stra line trends commonly resorted projecting expectations. Much pends, in the straight line averag of production figures, on how long period is taken, It short as to allow the influence of plete must not De porary swings in demand to d the true long-time trend. It mus be so long that conditions I earlier years are no longer represet Oyr-ended with 93 } 30 yr- ended with 1930 1920 193 consideration wW ten years Evolutionary movement IS too igreement that a period. themselves felt short term. A period of probably too long, for one not make such a ades is only to recall the conditions of first years of the present century | were fr different they third decade. It is p able that a twenty-year period the length of take i an approximation of the ra the end of th reailze now of the those iwout tim to attempt f growth at This matter of trend oned in some detail tunately there is a disposition in son quarters to give them undue weig! So and so’s trend is ponderously a nounced to give the impression tha it establishes the precise amount the needs of the day, when as a mat ter of fact the determinations lines 1S mé j because unt j 7 accoraing selected. r exampie, steel ynsun roduction) in the ten i ¥ 1a TO . Ve . evan with an itpu r f ingots, in 1922, with a production of 25.4 r n 1931, while the av whole period was 42 per annum. In other words, , shows wer nor p n n 1922 11a VE I , ef abating i ' I a steady aeveiopmen é sing err us me i Nn y) | : ia rend Lines Obtained by Varying Number of Years i iat a straight line trend irly increas f 1,2 r the thirty years er 131 (equation No. 6), the am is< I s to 1.069.000 ns. M e former period rr I ity l r j Ss OU ton and 1 fT ¢ no from tt ! r 1901 Y y } ] ld I ling 1931, would ! n 19 1 differer Y n tw } ry ‘ a fferel are WI eal € £ or} é : r n i innu nerea er al ended W ‘ 1 ‘ I iNO i} 1.081.000 Y ise Tol tne IlKeé ter! e! J 1931 (equation No. 8) 667,0 ne tre nd i for i n 1932 f £ 135.00 r tor 44.58 OOU yver y n , he foregolr ig g that trend lin: ne¢ traight ones, are 1 I itive measures of the rat + ‘'T*} “x imption. They cervs ’ Indicate the rate for ? 1 } nmediately ahead a T tk Cau I To! 1 ‘ : ’ approximating re x ling to a straignt trend a yrogression curved irawn on a chart on w i é ne I ~ a « ' ' I ar i Vy plotting ree-year } ir averages, say In the s i rages spotted ym tne y YY } FE ry TRAN A eacn Case I : rve could readily ra S al i alg [ ea ‘ wore : © ren year ines y \ at y me Se Y ~ 44) L OX XN ra ( ; rty-year lines Equations of Straight-Line Trends : Filling Station with Porcelain Enameled Metal Walls ) Py { { f | j e¢ ' f | , ' i ‘ } eT i A 0 ‘ i j \ . iy ne ’ f 5 % ‘ hor in n a iT ‘ LlT I 1 i ‘ effort ina ng a ‘ I iva I I ind n ur r Ca : ‘ mney oe ge The combination gasoline filling station and lunchroom is finished in porcelain enamel in black and orange on metal, provides for a miniature roof-garden and is surmounted by an enameled tower which, reflecting the general illumination of the station, is visible at night for several miles The Iron Age, September 15, 1932—401 ONE. en ere 1 Studies of Seasonal Characteristics 2 The Iron By P. WALLACE SCHUBERT The New Departure Mfg. Co N measuring the variance in units per man or per hour, as affected by seasonal changes in production, there are several factors which must be taken out of the picture or distortion results. It is a common fault in such analyses to take merely surface figures and by juggling them together, produce so-called “indicative facts.” It is true that some sort of a picture results. However, such impressions are distorted by spotty values of either very high or very low variance, which cannot be called characteristic, and also by such forces as underlying secular trend. If, then, this sort of material is not normalized, these forces, which are inherent, produce facts which are not appropriate as standard basic fundamentals, and errone ous conclusions are easily formed — a we of the three subjects, with th mstitutes an experience near enoug luction figures in Table 1 as the to the present to be considered Perso? method of istrative media for the calculation affecting current action, and yet long rt nvolved The computations in al enough to give a solid basis for draw D hree cases are identical. ing certain conclusions. i The second group and its ec ile Step One—Compiling the Data 5 a ee nerely to act tion will bear a little discussion. Thes« ' As before stated, there are three data are secured by obtaining week]; ler that the ex ips of data necessary. The first figures for average employees on th: rreatest roup consists of monthly production actory payroll, and weekly figure art ried o atist over a number of year for total hours worked on the sam y r has found that five year payroll. These two sets are mul O Monthly Production Man }t s fonthi 1 stock at E f Mont! 45 2 Af 4 } +5 { +f nk Relatives—Producti { Tat nk it Ma { Table € Link Relatives—Stock ige. September 15, 1932 FIG ige, September eaieibane Selenium as an Alloy in Rustless Steels 104—The Iron Age, September 15, 1932 \ anda I Some Advantages Claimed Physical Properties at High Temperatures ap of a » ervice ae Dp I t y ' Metallography of Selenium Steel ‘ I W 1 ¢ ) th é I Selenium Replace Sulphur | ° pl ’ r a y B Fig. 1 (Left An 18 and 8 steel with 0.30 per cent sulphur, unetched. 100 diameters = 7 ae I Fig. 2 is same grade of steel with 0.25 per cent selenium, unetched. 100 diameters. Speed in Oxygen Cutting of Steel Speeds and Feeds in Brass Machining The tron Age Se pte mber 15, 1932 Liquid Baths for Heat Treating—Sodium and Other Cyanides By W. PAUL EDDY, JR iu General Motors Truck Corpn Pontiac, Mich ’ N this, the second in a series of face of a cyan ath are ext s articles on liquid baths for heat rritating to the mucous men treating, the author discusses f the nose and throat, altnot case-hardened baths. The chem ee ee en ” istry of sodium cyanide baths is ii he aga le it taken up, followed by recom- mended treatments for three al ie ta ata al] widely used cyanide-hardening the top of a cyanide furnace is larg steels. The first of the series, odium carbonat The origina published in THE IRON AGE, dium cyanide is, of course, a dea Chemistr Cyanide B s Sept. 1, embraced oil and lead o baths. Those to follow will cover 2 it Recommended Treatments various types of salt baths. Perhaps the most widely used ste: a for parts which are to be cyanid hardened are S.A.E. 1112 (Besseme1 crew tock), S.A.E. 1120 (oper i ent cvyanoge hearth screw stock) and S.A.E. 102( nerated In the Dath Dy the a The following treatments are recon vanid ! ended as least expensive for variou quirements: both produce file ’ vt e ( T +} { SOO Le a ' 1 i titi I ‘ { Y eo | Cc.) Y elemel ink perature desired: a I ntent ol ne ast rhe f qu F ‘ ig in ‘ ‘ +} pal I I lec reased gti lu i re ia na ! i i | i I nating f1 ! ie I the qué } ' ») Wi (1) mt il Kir n hir ! i150 deg FF ( le ( ) ~ i «i I rh l irly tl ul I I } j Ss t y I i (1) } tl 1ench Another type of steel which is con ng into common use for small, stressed parts is the high-manganes« free-machining steel The following procedures are recommended for tl steel as being the least costly for results obtained: 106—The Iron Age, September 15, 1932 Other Case-Hardening Bath Lacquer Veneer Provides Decorative Coating for Sheet Metal Products ses of Case-Hardening Bath ‘ nit ‘ ( t nhs i T a It y al ve mn uall ac o 1 | ru ' e i i! ] ( al lie man actu! 1 | iraening atns r t ; at l weal T t i , n sott r He : . J [Is a Development of Decalcomania f i ea para a I Le > precautions al! “ Transfer Proces f al al a face : i Lt T} 7 We e $ ‘ a ( ir atir s arbur ‘ Manifold | The lron Age, September 15, 1932—407 10¢- -7 he Cemented Carbide Cutters in Milling { a i ce hn. tn hr E is a judicial analysis of the bigger place to be occupied by th mented carbide cutting tool in the field of the milling of metal ithor has specialized for some years in milling and grindin 1ery and in THE IRON AGE of Jan. 7, 1932, covered the situatio preci 1° s10n grinding, He is secretary of the executive committee of tl hine shop practice division of the American Society of Mechanic nec my hasis is placed in the accompanying article on the opportunit offered to tooling and designing engineers to effect a reducti 2zmount of idle or non-cutting time that characterizes manufactut ing practice. A good proportion of this idle time, whicl ints to 30 per cent of the total time, is taken up in changing milling On the score that tungsten carbide cutters will operate about the number of hours previously obtained on the same work th high-speed-steel cutters, it is contended that their greater use is inted even considering negative tactors in cutting-tool economics larrica ‘aime thace wh oe 1, L. emee s >d that | irrison 1¢ 5 those who assert that the case is not proved that e engineering profession has a major responsibility for the present trial situation. Because the designing and fabricating engineer Iron Age, September 15, 1932 re measure inarticulate in his defense, the onus for the present Tt itairs he Savs, 1S hung Like 1 species ol inverted laurel leaf his unoffending neck. Production engineers and manufacturet luction t men he adds, must heed the cry for lower costs, Ta t ] t VT vw VW ; 1 ) 4 : bv « emen ( La ( ioois if ndings in Respect to Cutting Speeds f + y 4 ( } Tr $<) ( depending ? } h + fF +} \ rat ! ] hit y a4 i { Vhe cultir alu y ¥ t ‘ « ‘ ‘ < ‘ t T r ‘ t ng us¢e 1d i 17 i ali Ca ers ire ny i t re { ea! 9 p i ! ox T ne ‘ y } a 4 eY The Iron Se pte mber 15 TY d es : Grinding Wheels 4 Simplified | () Pipe Simplification Plan Accepted by Industry -urved and Edge-Bent Automobile Bumpers Polished Automatically Ca Vi ‘ A [ 3} attachm t nit th hing f edge-bent bumps ba With nv hut a 3 Se ae ea Valve Blanks Reduced ’ oS te ae by Swaging it: the offs _——s a oe ee te “ere Oo ¥ r 5 ‘ ws oS 5 cay - bd . ; s — prmayae 2 OR i Se aos e.3 et Ee ere ar PRPS , wr, Pam The Tron Age, September 15, 1932—4l1l Horning Press with Switchboards and Pane Hydraulic Feed Feature Simplicity Egonga 200-lb. Bench Type Hydraulic Press Business Downtrend Halted; Hopes for Sudden Uptrend Exaggerated By DR. LIONEL D. EDIE The Iron Age, September 15, 1932 413 Railroad Credit Body Formed; 820,912 Cars Over 20 Yrs. Old Leading Equipment Companies Organize to Take Advantage of I 114 Reconstruction Finance Corporation Loans ve, September 15 820,912 Cars Over 20 Years Ol \ irve ot the potent a I rf } { ' intry W in 2U l a tnes¢ i 230, I i | I J LY | I t ) a y "¢ f } ayy LD) \ i Patent No. 1,868 tne cadmium ball ) container, na tne Udylite Py LCS Detroit [The basket nit helix. The 7 \ i@i\ 4 it t bre i { iiwr De ' i & K | We —— atone = a (Ces IN dul Ps _...OFF THE ASSEMBLY LINE..... Motor Car Makers Preparing to Take Full 7 Advant g t R pP d | | antage O ecovery erio am & ; ’ ; ( he vrolet has tentative sched | rut ! +000 new models and Pontia rt ! 20,000 tor the fo t irter piant tne General Motors’ sales xceeded pr : duction in August for the onsecutive montl . : . : Chrysler is drawing the imufac ; & ture of parts tre tside ! f liers. ; vTvYy The tron Age, September 15, 1932—415 Support For Scrap R. F. C. Grants First Loan for Southerr California Water Project Loans Will Be Granted Speedily, Including One for Tri-Borou; Bridge, New York, the Largest Pending W ' l'o Speed { p Federal Proiect | ' (S ’ } | A , ' ' ' ' Hi ' A j 1 in n empdrace lildings, At r Work, ! H er d truc eri! ( S ind <¢ " \ ' a 4 Unfilled Orders Gain Reversing Long Decline - « OBITUARY « M. W. ALEXANDER To Present Survey of - Qo | iy ‘ 7 Drop Forging industry National Steel Corpn. Reduces Div idend af sther The Iron Age, September 15, Trade Notes 1932 4117 Rail Rates to South Atlantic on iron and Steel Reduced \A t ' [4 x Nino t ' \ Wate Competition, Carriers Are Permitted to Lower W lariffs Sharply Over a Wide Area Fluorspar Freight Rates to Be Increased a Champion Rivet Co. to Make Welding Rods ak ab the | | new rates a | | cent of the and i ! ent ot tl | ailroad nr a ' Farm Equipment Industry Looks for Improvement | | | el Makers nceal, Taxes 2 ® spect the h d Line e e inks Invest In ynstruction Bonds eee oe Large inventories C) Out of Date Improvement In Massachusetts + e EDITORIAL COMMENT «-» lroads' Exploit, l NE S Steel Ingot Production at New = ce tty Low Point in August ily Rate Drops to 30,830 Tons from 31,701 Tons in July Output at 14.26 Per Cent of Capacity » | British lron and Ste Output Lower in Augu AN Government Projects Cal for Steel and Zinc \ : j ' \ugust C onstruction Awards Gained National Radiator Corpn. Sold by Receiver : s h \ It 120—The Iron Age. September 15. 1932 SUMMARY OF THE WEEK’S BUSINESS Steel Ingot Output Still Gaining; Further Betterment Expected Improvement in Operations at Pittsbur gh, Chicago and in the Valleys— Railroad and Automobile Orders May Come Soon iw ly rey Ser 0 y eal de e i STOCKS e outlook for the ren e] the able for continu sma ins, With | I greater acceleratiol I cl ( vine ! Pro H pre ( | , T \\ HILI rie l ‘ \ i i : ' i ; ( ; a i by a > ‘ 1 ai e Ive Ra I S al ¢ palr I » ay ON 3 rT a Thi } tn tS ‘= 12.5: fs 1a re I t 1A tag - 14 ty yb] : n Ju The Iron Age, September 15, 1932—421 ae Comparison of Prices «2 «2 and One Week, One Month and One Year Previous if Date Past Week in Heavy Type, Declines in Italics Market Price - Ove ' Advance Finished Steel Old Material Billet Coke, Connellsville head Ste Metals ie Aan Pio tron 2 «a Ihe lron Age Composite Prices 2 aw Steel Scrap Pittsburgh District Output Up to 14 Per Cent; Valley Ingot Rate Also Gains 3 DUNGII ; ingot production in Pittsburg ure pared with 12 per eT 11 avo. Valles t té 1 Tf ed from 12 to 15 Wheelin y ivera per cent Bars, Plates and Shapes onviction is strengthened dustry is enteru provement, thoug ver [ slow Mi , Rs iSscellanedti ci¢ . nave inted for m« the lent to date. \ Heavy elt ‘ i vin ) i eek i ‘ rT Ww or ()r A +} ill semi-Finished Steel j ' 4 Cold-Finished Steel Bar LT Ad Rails and Track A n Tubular Goods September 15. 1932 $23 re Iron Age, September 15, 19382 European Iron and Steel Trade Gaining in Orders and Confidence ( ’ ’ last month were 156,000 ft Lhe Soviet (i vert ent na ! ' iers, having a value of 200.000 g unas for Austriar ter ar ' : ner Detroit Scrap Prices Advance 25c. to 50c. UETROIT ept. 15 Efforts of 4 } I 1 it i ( ap tne al I Imo i 2E ota He L'nited Kingdom Pacific Coast Awards of Steel Show Gain YAN FRANCISC( 5 D ( ontinental!l Chicago Ingot Rate Advances to 13 Per Cent: Specifications Increasing , a * s " ‘ Rails and Track Supplies ; = . Steel bookings ar eT if i i ’ sources except ind the ratlroads I . . : { t a 4 iif) wire b ire i { . I ' MOLSE il : | A isona expect iY Structural Material incre elt , ngver muted ar i r castings i ractt 0 sin itions \ Varad re ( ra { ilth ea ce rices ’ e¢ 7 : vTvwvy 5 Plates £: 7 tf Bry f 2 n } Warehousing Busin “ee omer Ww + Reinforcing Bars Nuts and Rivets The lron Age. September 15, 1932—425 Eastern Pennsylvania Trade eens Expects Upturn Late This Month _ io heany beta eet Reading Railroad Places 600 Tons of Plates for Car Repairs—Will i irket for tha rad Whil Buy Additional Tonnage Soon | Bs ec Imports >craf Pp rr Englar Valley Steel Trade Experiences a Moderate Improvement Y . WN Plates, Shapes and Bar Cincinnati Pig lron Sales Make a Gain cue Scrap Cleveland Steel Production Now 23 Per Cent of Capacity Miscellaneous Orders for Bars and Strip Have Gained, Although Total Steel Bookings Show Little Change CC VELAND Bars, Plates and Shapes ee Fluorspar lron Ore | ae Railroad Equipment Strip Steel | | _—— Cast lron Pipe Sheets Railroad Bridge Project to Take 950 Tons ron Bolts, Nuts and Rivets The Iron Age, September 15, 1932—427 eeks, but New York Steel Sales Show Sy, 8S Sen nage 1s reported by fabricators. Only Small Increase Onenshenths i operation lt Trend Is Toward Improvement, but the Rate of Gain ls Slow and oo: ee iS Paienene n Has Not Affected All Products ama © : = Leal Ue a Ti’ ’ ry «oF y r T ? ani nu ‘ c A » iu hike fit, a ( Aiis hi i { : } , NN vire Y our da , a j ‘ e} rer sa St. Louis Stove Plants Taking More Pig lron v'] LOUIS Birmingham Pig lron Shipments Gain Slightly rage. Jobbing fom , 1) ( ( re { epten hose ! ind ir i in volun e from I ! situa I Steel () ( I ! ( a wal r 1¢ Scrap t+]¢ Steel N : I ‘ ind ra 0) 1 | ler, } ire er al rail ip . Railr list Lo Na | 8500 tons: Ba Oni ; A It 140 Wabash, s: Chicago, |] Island & Pa 10 ! Ka ( vy Sx I 0 128 The tron Age September 15. 1932 Fabricated Structural Stee! Awards Decline—New Projects Slightly Lower W: Reinforcing Steel Aw was 4000 Tons New Pr 41€ cts 9100 Tons AWARDS r M ( \ \ \ ‘ oe oe ) | & I WW Pp EW TRUCTURA i RTI i ( VW - . ( { ' + ( ‘ SOUTH AND SOUTHWEST W. Va : f Virginia il | I bs | ew \ 25 of Virginia, ‘ , C2 CENTRA STATES NEW REINFORCIN BAR PROJECT rt w Va t ( W . r i ‘ a “ ee K : be t : Va r) ' ° a WwW E ik ik ¢ Mi ‘ ; : lexa ; “ ; r I | r \ M “N i tl Paris la ‘ ma . i : CENTRAL STATES I Ay VV 4 Nort I . Wescona, Wis., to. ESTERN ST! Pipe Lines a ap enter The Iron Age. September 15, 1932—429 Break in London Non-Ferrous Markets Has Slowed Up Buying Here \ 430 The Iron t. September iD 1932 I 1 eC A are 5 o | Lead ne | y i I i lal I rice e. dit nf T r gaome ( la ) fu ner du relat I ) ) mie c i nsidere unusual, I S al I r r? ift ( i ng lal l I ’ r Wit i i ~ ery I ‘ t) {) ( n ‘ ’ y 7h , la s y i Zinc \ rong Sta \ showed a t Ove J ( eas f 4700 ns iptediy nave conti é rength \ e y ! rme! ne \ ew! } T Buffalo Pig lron Trade Has Large Inquiries ‘ \ I ) al f ron nq “ tor yt al al I al I } é for 500 ton (} ! a ! { (on Y ? é na hel I hina 1Y } jal — é Steel | ' i ra! J i ( l'} R Scrap Aint en I } we Prices of Finished and Semi-Finished Steel, Coke, Coal, Cast lron Pipe DI ¢ Cb Pp 5 WEeTS CTPIC > TES f T PLATES, SHAPES t S, STRIP, TIN PLATE RAILS AND TRACK SUPPLIES and Steel Bars TERNE PLATE Rail tails Sheets Prack Equipment ls M BOLTS. N TS. RIVETS AND SET hee a SCREWS Belts and Nuts ait : : rank Plates tural Shapes Bolts and Nuts j : t Steel Sheet Piling : y Steel Bars : I R t ‘ tive tf ‘ K | re I ' ' ' i Cap and Set Screw : : H H 1 and S Cold-Rolled Strips SEMI-FINISHED STEEL Billets and Blooms WIRE PRODUCTS Sheet Bars d Finished Bars* Seamless Mechanical Tubing ; ’ Slabs The Iron Age, September 15, 1932—431 Pig lron, Ores, Ferroalloys >» VALLEY 4 ‘ 2 , } Virginia ! >» CLEVELAND 4 t t Cleveland furnace > TTSBURGH 4 | ‘ Piet : I >» BIRMINGHAM 4 ton f.o.b Birmingham di L \GO 4 " >» CANADA 4 f s ton Ores Ferromanganese , OUIS 4 . Spiegeleisen ' Electric Ferrosilicon ast Af Ind >» NEW YORK 4 : New York district r Bessemer Ferrosilicon Jackson (¢ inty Ohle Furnac $! ' ' FRACTOI >» BUFFALO 4 puvery tren Fluorspar CFRACIORI¢ \ ALN F t ackson ty, O Furnace ”_ : ' ¥ NEW ENGLAND +’ Other Ferroalloys t t New lron and Steel Scrap >» PITTSBURGH 4 Jelive onsumers’ yards > CINCINNATI 4 >» PHILADELPHIA 4 >» CHICAGO d Chi € n Iron Age, September 15, 1932 HILADELPHIA 4 for Steel Products The Iron ige, Se ptember 15, 1932 PLANT EXPANSION AND EQUIPMENT BUYING Machine Tool Trade Automobile Company May Spend $100,000— Concerted Modernization Program Is More Hopeful Expected to Help r ' q ind in the automob rye y , centre t ? r new mode i 4 NORTH ATLANTIC » . lr W tt ev tro & Stee Hi s Kquipr ( 4 > Sorensen Co., Omaha Ne manuf ndred 1 ‘ I d, Ma One I fubular Finishing Machines, In¢ ue Bureau of Supplies and Accounts, Na I r _— W hir 4 vt W Br \ ht Ae al ¢ pr R I in United Cast Magnet Corpn., | ladelphia Ga Works Co é nized H 1 M ‘ R o1 1 Ralf r Tis manutacture me Oo. F. Mossberg & Sons, Inc Commanding Officer I New ive! Conr mar ent H Sands Lubricants ( , _ - ; ; New H: I Morris Oil Co Belleau & Malo Co., | t Provide e, R ' D1 ent organized by Joseph Bellea ' Malo, has taken over proper t i Broadway for productior \ Cor i f } lest r domesti International Industries, Ine Bureau of Yards and Docks, N De ' t W ton, 1 plannir exter : j rf ry ement iy powe ' Excel Lamp Co . ‘ f ‘ . pee M , State Highway Department, Har mer Ex ‘ D } 1} Ir Milf }? Dione a, : : , ‘ C. I. Packer Tool & Die Co., M Pennsylvania Railroad Co W ilmingtor LD Vi } ( i eee oe ane mee 4 SOUTH CENTRAL > Gulfport Port Commission, ( M tins e } } mi King M Cory Pt CI ( : et Williams Brother I 1 « micai ‘ ter wane : nm t y ng ar Building, Tulsa, Okla ( t with equipment W i Gamon Meter Co., ~ et New Chamber of Commerce, Winche I | i n ‘ ' eng r | J , rata rr Ss 434—The Iron Age, September 15, 1932 THE IRON AGE SEPTEMBER 15, 1932 } Page 13 They're Modern because They're Scientifically Correct ns come the held of metal cleaning, yet Wyandotte Metal Cleaners still remain the most modern and up-to-date of all because they are scientifically correct The principle of ‘“‘balanced alkalies” is the funda mental basis of Wyandotte’s super-efficient cleaning action. No mechanical mixture of chemicals can ever approach the results produced by the “balanced alkalies” which make up Wyandotte. So if you want better and more economical metal cleaning, let us demonstrate what Wyandotte can do for you. The experiment isn’t going to cost you anything and past experience proves that Wyandotte will show you better work or lower costs,—maybe both. Write for detailed information. THE |. B. FORD COMPANY, WYANDOTTE, MICHIGAN q MIDDLE WEST ( Burlington & Quincy Railroad Co Wisconsin Zinc Flotation Corpn., W ( ’ I Ar MI LD) 4 PACIFIC COAST > ik: ne Co ' Supervising Superintendent f Co t 4 SOUTH ATLANTIC > lio Mf ( ‘ Bureau of Yards and Docks interna nal Smelting ( I i l M l W l I Ace t q SOUTHWEST > CENTRAL DISTRICT > Ame can St Case & Mig. Co I Stan ( 1A Prod ( I ( Ir ‘ \ t For I VW I I THE IRON AGE... SEPTEMBER 15, 1932 Page 15 ere’s Protection for pipe lines subject to = _/tmospheric Corrosion luray : — sui . 1 HE advantage l ypper content in steel, as a prevents t } ' | lrer Lich Or Corrosion >» KNOW! C¢ i most marked where nate wet and dry iditions prevail. Under such conditions renerally indicated by the phrase, “atmospheric expos economy and satisfaction will reward the specification NATIONAL Copper-S Th cele fc f tornon PF e Ww ew ie For soil, waste, \ of \ f buildings and for exposed ha railings, pipe on bridges, flag poles, electric ligl [ l | Wel poles and similar ¢ lif ment subject to —— ric Corrosion, Ccopper-steel pipe is unques tionabl ly the logical choice. Many years of actual tests and ser VICe records have prov 1 (nis Ask i r Bulletin 11. which ive full information concerning NATIONAL Copper-Steel Pips The Original Copper-Steel Pipe NATIONAL TUBE COMPANY : Pittsburgh, Pa i) Vag VV aT TMT TT al ye THE GREEN COLOR! LOOK FOR ( Pry x } t< a Bla ee ee ae NATIONAL COPPER-STEEL PIPE = aie ee al m4 9 ae a ae tn tt ae THE IRON AGE Hughes Provision ( sf eet 4 ; a “Ml ( Warr I America Glauber Bras ir Steel & W nneaut Officer { SEPTEMBER Page 16 phi ‘ >> Ford Motor Co Dearborn, M a , ar t 1 sem Hamiltor O} f wing t M ¢ = mont} einstating mer Ohio Power Co “ NW ¢ Lin Or j ¢ W City Council, | oO h n ‘ ‘ n I ele Vaporing Products, Ine Rossville Commercial Alcohol Corpn } ( & { Showers Brothers Co Pittsburgh Plate Glass Co G Superior Automatic Heating Ce¢ Inc W Meyer R. Thomas, Fort W Marion Tool Works. Inx« M Tyler Sales Fixture Co Muske H M Live Roller Conveyor Brings Strip Steel from Furnace Discharge to Roller Leveller Ishpeming Gold Mining Co., Ilshper Mich recently organized by Albert Bjork ank W. Lundin, both of that place, t r Rope gold mining properties near rranging fund for development of m nstallatior f equipment Chevrolet Motor Co., West Grand B Detroit, is arranging for closing wit plant at Janesville, W i wil perations to another r ( ntinue a parts d 1 ¢ q FOREIGN > Firestone Tire & Rubber Co., Ak W ibsidiary opanist Swiss State Railways, Ber Sw nydroelectri generatir i i I < i Fir ae Sw ymne n with railway ele fica r vit ipa f 110,00 I ( f uy ate f nm 101 ind 1 r if r Dr. Mohammad Haidar, HKagdad, Ir rex ‘ I from State Mir iff ind Industry for new ement n Kifrir where i € ract of raw rY j ad 1 wi mpa | a i £50 00 ( 1 pre Pla , $ A machine Oriental Rayon Mills, Ltd., Shiga Ja nr r f pro« tior f ray ent ! ( t ove! $350,000 with r } r State Ministry for Traffic and Industry, B ad, Ix livision of irrigation, plans inst ! nping machinery and other quipment in connection with irrigation pr Ww ect ising Dscharaf River as source of sup] Work wi nelude construction of dam Habanyieh and Tauileh, and diversion worl luled to begin in January. Cost a . approximately $7,000,000) nents for engineering work and finar Ww Or e made Soviet Russian Government, Moscow, authorized three new hydroelectric plante n Volga River, with gross 00,00 kw One plant will be Kamishin, Lower Volga district, and ar I I \ nesensk and Nizhni N I Government nas organized { i \ ( struction Bureau (Sredv to carry out project. Plans will be « eted in fal All three stations are schedule ervice in early part of 1935. Cost ov 00,000 rubles (about $60,000,000). Amt rading Corpn., 261 Fifth Avenue, New Y ft al buying agency THE STANDARD QUALITY GRADE The general satisfaction which J & L STANDARD Spring Wire gives, marks it as a product on which spring manufacturers can safely standardize. It lends itself readily to the crimps, knots and other J&L STANDARD SPRING WIRE THE IRON AGE SEPTEMBER 15 Page 17 1932 forming incident to spring making. The correct bal- ance of strength, resili- ence, toughness and easy working qualities is the result of J & L complete control of steel making and wire drawing. It is a doubtful economy which relies on less than J & L STANDARD guality. J&L WIRE PRODUCTS Wire Rods Cold Heading Wire Basic and Bessemer Wood Screw Wire Basic and Bessemer Screw Stock Wire Standard Spring Wire Bright, Annealed and Gal vanized Wire Bright, Galvanized and Coated Nails Polished and Galvanized Staples Galvanized Barbed Wire Woven Wire Fence JONES & LAUGHLIN STEEL CORPORATION AMERICAN IRON AND STEEL WORKS JONES & LAUGHLIN BUILDING, PITTSBURGH, PENNSYLVANIA Sales Offices: Atlanta Boston Buff Memphis Milwaukee New Orleans Warehouses: CHICAGO CINCINNATI anadian Representatives: JONES & LAUGHLIN STEEL PRODUCTS COMPANY. Pittsburgh. Pa.. U.S. A., and Toronto, Ont., Canada Dallas Detroit Erie Los Angeles Pittsburgh St. Louis San Francisco NEW ORLEANS PITTSBURGH RON AGE SEPTEMBER Studies of Seasonal Characteristics é l a i | } ia r t T i a t y t y 14 lé a a » ) ( ? ni? ¢ ar eI 1 re ! \ ( AVE t¢ ‘ iT irlance )& 1f) ] Vide Lacquer Veneer Provide Decorative Coatings om | {{) i7 ‘ e al n It a nat n ng ar e phot a y 5 , ly t ic’ a ‘ if I e Uu e! oa ! ling an 1 A Cle al ‘ r t t ‘ yr king’ } or Othe \ h it ay I refrigerator and radio nets, vending m: es, burial ca 1 serving tra It may 1 n tne r! I pun par ectr light fix ‘ One app yn lat Nas arouse nter is finishing of an automobile witl jecorative ent n this case aint coating was removed and eneer applied to the entire surfa if the car that previously had be THE IRON AGE SEPTEMBER 22 Page reach 6// of the industry with one publication ?" ind I'll tell you why. Nearly seven out of ten key executives all through 1e metal working industry read The Iron Age. And here's the reason Lets take a typical production man, for example, an Iron Age subscriber Vhat does he find in The Iron Age? First, he takes keen interest in our eports of improved production methods, descriptions of new equipment and Jsiness conditions. He also follows prices, news of new materials and Iron Age management method reports ever 4 vould this superintendent be satisfied with a business paper that only covered iy ides ne phase of the metal working industry. Not on your life. To hold his job 5 these days he must be well rounded, know today's conditions and keep breast of things all along the line He finds the answer in The Iron Age, as do 67.6‘ , of the industry's key men ra in there be any question about The Iron Age as your first choice to react the metal working industry? If so, ask Mr. Sweetser or any Iron Age repre sal entative to show you the real facts. From one of 168 reports sent in by typica as - A Publication of la United Business | THE IRON AGE ®= ts PRODUCTION @ MANAGEMENT ® PROCESSES & NEWS HE IRON AGE SEPTEMBER - : ibo and below this lin Che follo Studies of Seasonal Characteristics ag table cbnoe the Sacer mate ; - I \ ige in the chart, Fig. 3 \ ‘ Vie l ! ‘ \ \ ( Werage l t \ r 1.05 u Ste \ ( OE LetTUCS C avel i In 1, oun i ily nly n ior pl ' I} surely an i i l ( al ! l \ ned bY extel ; : a edure and actiy : sn inface ot uperticha rhe i ought afte | newha ‘ilar to tha ror ren who not only ? re i } ‘ I 1 Irom tt Landpoin \ nd oct tan Into it, examinit : inical devi¢ i react.o l re TN ave nore, hg inept Lacquer Veneer Provides Decorative Coatings (Jor ‘ m Page AO ( ae ative n ! \ ng made in ordinary grain ition ex re he pa d meta marble and other d f conve vn It is said that with the proc ’ rrou inything that can be photographed grow ictua l ! rhou Phi an be reproduced on metal In th y irric rr iutomotive field part decorated wit! ! i t ! nth ( inster ade rn mav be used for i } mu rument oard nolding Ul erage through the WKS and vanity cas¢ A Clevela me 7 lice These values ar lanufacturer has adopted the ust lal . he proc n making partitions ast Phis give Other uses to which it may be é alues for eacl nelude refrigerator and radio ca init ul Nour nets, vending machines, burial caskets deter and serving tray It may be used for icteristic nu both the formed and spun parts of roomat i! electric light fixture One applica tion that has arous¢ nterest 1s e f tomobile with the n-t I efinishing of an au , ma tnt im 10.08 lecorative veneer. In this case the paint coating was removed and the 7 veneer applied to the entire surface 1 that previously had been vas 10.93 of the car ul t} Variance t 2.08 livided painted .