The Iron Age 1932-11-24: Vol 130 Iss 21

CONTENTS Ford—Exponent of Modernization Credits and Collections Damping Capacity of Steels Size Limits of Brass Die Castings Design of Heat Resisting Alloy Castings Meeting of National Founders Acetylene Association New Equipment News Automotive Industry Personals and Obituaries Letters to the Editor Editorials Markets Construction and Equipment Buying ~~ te & 1} ' | Products Advertised (Advertising Section) | Index to Advertisers (Advertising Section) THE IRON AGE PUBLISHING D COMPANY, 239 WEST 39th ST Uni Business Publishers Ine SEVENTY-EIGHTH YEAR OF SERVICE TO THE METAL WORKING 7O9 800 803 804 805 810 S08 812 NEW YORK INDUSTRY THE IRON ACE a 24, 1932 Tool Room Work on a Production Basis at Bausch & Lomb Optical Company Rochester, N. Y. These parts were formerly made on two machines—an old type turret lathe and an engine lathe. Now, one Warner & Swasey No. 4 Universal, 12 speed all geared head turret lathe does both chuckings in half the time. Look at the savings made on these jobs. You, too, can duplicate such savings - A W & S production research engineer will gladly make a careful study of your problem and submit recommendations forlower- NUMBER ; ' i Ea ing your costs. His services SHIFTER | SHAFT |BEARING| SHAFT | "T" | TOOL are yours without cost or ROD PIN | BUSHING | CENTER | BUSHING ane TUS obligation. Write or wire | OLD me) . " , 27.5 TIME minutes | minutes | minutes | minutes | minutes bs 1.2 te) | bal RP tr minutes | minutes minutes TIME 4.3 Te Bd 19.6 SAVED wt i minutes | minutes | minutes | minutes The Warner & Swasey Co. Cleveland, Ohio, U.S.A. Another example of PROFITABLE REPLACEMENT ..THE IRON AGE... NEW YORK, NOVEMBER 24, 1932 ESTABLISHED 1855 Vol. 130, No. 21 ans \Y - Ford—Exponent of Modernization | By BURNHAM FINNEY 4 t ( . ( r I | i ery W I ea I insuring ‘ J ng ncrea , paren 1 ! I iu i : ttle will be to the strong and name ince of gaining sales lea 1 ice to the swift. There will b itisfactor n ediate reversion to the days of EPLACEMENT of technically ; ind 1928 whe n vn Yn ry? nie s i re ) : Y £ obsolete equipment at the Ford i‘ annoft Afford Not to VModerniz¢ t in their production mach plants is a continuous, rather than Cin ee ot a nd despite their failure to carry spasmodic activity. Either lowering 1 8 COMRISIRS OEE monte of cost or improvement in quality n plar zation program. Earnings were larg . nization } Ford Motor ¢ It and costs were not so important is the object, and the practice ex a ee a el a allem hey are today, or will be next year. tends to all departments, tool rooms eeping its manufacturing depart In th petitiv. ggle on the included. In fact, the entire plant nts abreast of the latest develop erg’ } wi a nents in machine tool desigt g which to rica i may be looked upon as a huge eee oe ee ae Ow | rice will npelling eu eory ie an air tel lm 1 a laboratory, states the author, who therwise. For this purp ’ irn the naming of a low price whicl outlines here the attitude, prac em} f ft | La nable profit wil . | tices and some of the results ot ee ee : . | aa s se a the Ford Motor Co. in respect to t node whine tools are it equipment replacements I ai bs als ne pensabl ! I | i - , Y Se S r 3 Ford's tool rooms are just as modernly equipped as the production lines. This view shows the tool room of the foundry machine shop 795 / “Better Times — f HE Ford organization believes that increased operating efficiency will hasten the return of good times. These ‘Performance Pages,” the eleventh in a series published by | The Iron Age, were selected from actual Ford practice. Rear wheel hub for Model B 4-cylinder) car Operation: Grinding inside diameter. Production: New method: in, 1 machine, 90 pieces per hr. Old method: man, machine, 20 pieces per hr - Camshaft for V-8 car Operation: Grinding the cams. Production: New method: | man, 4 machines, 48 pieces per hr. Old method: {| man, 1 machine, 10 pieces per hr. ae ial tat Rear axle shaft for V-8 car Operation: Finish grind hub, finish grind back face, finish grind diameter and rough grind taper, finish grind taper. Production: New method: 1 man, 1 machine, 72 pieces complete per hr. Old method: 4 men, 4 machines, 27 pieces complete per man per hr. le at : n ‘ roauct n. The danger ir | vement. From the highest exe l that fi a relat el) ong { e down to machine operators every na ! mpany’s executives think nan is alert to contribute his bit ir Motor | ment as having en in the never-ending campaign to reduc« when perhay the cost of manufacture. One of the has elapsed. r} ffenses against good management i evivlo! a ich welcomed to keep an obsolete machine In the revise their method oduction line when it should be r« r aced by more modern equipment. ling price of \nd by obsolete is meant age as mea ired not in years, but in design. By ; e application of this rule a machine Increased Accuracy, as Well as Low iv become obsolete in six months o1 a Unit Cost, a Criterion n five years. irther ecor ! r} lange iverted at the Ford Low unit cost of production is not AP a i . Shia’ . - al I i : » WI I STLIZe nat con ne nly measuring stick to determin nt inge is progress and without ther a new type of machine tool l ing there would be 1 im ha upplant an old one, The grow- 796—The Iron Age. November 24, 1932 | : —— A ®0O000 bh Horn wire collar and ammeter cover for Model B car Operation: Stamping. Production: New method: 1 man, 1 machine, 1200 pieces of each part per hr. Old method: 5 men, 5 machines, 238 pieces of each part complete per man (6 operations required). Hub cap for V-8 car Operation: Polishing. Production: New method: 2 men, | machine, 1000 pieces per hr. Old method: man, 1 machine, 106 pieces per hr. Crankshaft for V-8 car Operation: Drilling oil holes in pin bearings. Production: New method: 1 man, 1 machine, 60 pieces per hr. Old method : tolerances has created a need for prt when anotl n equly wl ren ‘ industr $s increasil ! 4 I i irn ¢ VO! quality and ‘ n i mportant ? y nu n Fo. rog ) 1 nizatior i t t 4 para Yi n y I nave I é i n es have eY ren ro } I ( né ( elopmer a new machin ethod resulting in still lower costs reason for t Ss drastic action tl ( ) an. finds + +, | y chine 1 man, 3 machines, Large Proportion of Old Machine 25 pieces per hr. The Iron Age. November 24, 1932 hine est W not | nore I eri ea ( I M n xy V r A I WI ay of doing considered. Y Sing ry al I VO! yunty as exp tor Uo. na ee ir \ yt cou I ght ai B on npany is not making, as ( es that if every department of a in not operating at the lowest eu cost, the plant as a whole ting the benefit of maximum ynomies. The result that either ling price of the product is to he company’s profi iffer. A) ! tepping int e tool room at Ford’s Rouge plant will discover jus rn equipment there as in the inde ock or crankshaft depart- once supe replace equipment, but they demonstrated their riority, out go the old machines in favor of the new. The time element doesn’t count, neither does the capita expenditure, so long as the new equip will productio: present have ment assure lower cost All of which is in harmony with the ideas of the man who personifies th age—Henry Ford. In a r statement he declared: “I do not for but machine cent look less, more use of ma 798- ee er ie ™ = “a o IBD ao = IN = ee cil ( a i in el t ‘ n lT ( YT) lool Room Replacements Not Neglected ' l metal - workir \ gk heir produ n lit ; in aiiin h¢ n it ha enore nen 1 thei :0l rooms t non nanulat wri! ( [ in error wi The Iron Age, November 24, 1932 Motor Co xperiment iy soun é ippraisal oderniza s thought of he Ford u ynnie al lal n tl istry need only make ection of the Roug« int matte! f any For in for nself why the fam: ency has be¢ ie so fa ntire plant may ookec gre rator n whic ar constantly being ade. Here r honing machine through the set) nrnx nust prove formance cls new honing machine connecting : tor ar L- f+ crankshaft. tneir rods, there ji ling the oil hol Both of the stamina and per action before they RAVEYARD (above) of discarded ma- chine tools at the Rouge plant, . visual proof of the constant modernizing of Ford production methods. HERE old machine tools lose their identity. Here they are broken up preparatory to being charged into the Ford open-hearth furnaces. Discarded tools awaiting destruction are seen in the background. The wreckage of old tools ' is in the foreground. At the right rear ain be seen one of the large weights which is dropped on tools to break them up ’ If the world is to have even minimum supply of goods, it must lize the machine. The people will never willingly forego the help which the machine gives them in their work jobs. Besides, machinery makes more It enables every one to enjoy inex- pensively the comforts and _ con- veniences *" modern living condi- TI e Ford Motor Co. has long pi id¢ d tself on its unswerving adherence to | the policy of constantly improving its motor cars. This in turn has been by constant improve- ment in production methods through the utilization of the best and modern machinery. made possible most redits and Collections in the Metal-W orking Industry By H. A. RUSSELL Purchasing Agent, A. B. Farquhar Co., Ltd rYNHE combination f charact . ability and experience the (2) 1 J > = ) 2 background ot credit toda\ : Wes is background is helping many t f 1593-1 N tnrougn existing conditions ee ae ee er em N this, the sixth article in our ae stock today would be ruinous f general series on Modern Mer concerned, excepting possibly th chandising and Marketing in the jee ee aon yor ‘ a Metal-Working Industry, we deal uses. It is realized. of course. tl with the subject of credits and ‘ceptions can undoubtedly be found collections. The importance of an See these matters, in relation to the For many years we have purchas« . ee an ae ; general sales policy, is particularly aterials and equipment from th ; ailine eoncesan in. the Maatare. i emphasized in such times as these on of this country, mills, factorik The accompanying article by Mr and warehouses. The writer 5 - ' Russell will be of particular value niormation trom executive rt tne oncerns regarding their experiences to executives in our industry since l through past depressions and during it portrays the credit and collec present one. The responses wer tion policies of a representative -nearted and of the greatest . Se ae eee vac Bin Ae section of the metal-working field eated in confidence, no names or aces or even lines of business can b y 7 7 : a ¥ nentioned, but otherwise the writer 5a . . 2 ° } ss . — = Ned = as the privilege of passing along th: — i nformation and which should be elp to others. The questions ask ere few, but covered subjects wl believed are of interest to many } imely 4 Do sou nnd ¢ lections lay than in pre is periods SSLO7L , nd expense G Do you find it advisable tend longer credits? D Have you found t ners + ep par Dp fment on We ( ntinued on Advertisin Page 16 The Iron Age. November 24, 1932 799 November 24, Damping Capacity of Steels and Correlation By G. R. BROPHY Research Laboratory, General Electric Co Schenectady, N. Y al ar tested by ght infer from his work that dam} estigators, a mate ng capacity (decrement) is constant exist. ower thi for all stresses. It was desirable to have informa- a ne r ° ° . . e . ; tion regarding the influence of various fundamental metallurgical factors on ‘ rk renor nm tne ahs ; . +} ( pt is interesting property and the re- ¢ aor t rool perée lat} if ; \ : ation, if one exists, between it and i ealt wit! lé ( 4 . . : . ; her commonly determined physical ‘ iamping te ing’ Re 4: 7 roperti ena! as reported u ated temperatur ising It is the purpose of this article to n-ferrous alloys, and ha present the results of a study of the influence of certain fa nfluence of temperature, heat treat lently the stre has not nent, cold work and composition on nto consideration and on: the lamping capacities of several os | Ni Mo STEEL /A | ANNEALED t t+—4-—} INFLUENCE OF TEMP ON DAMPING CAPACITY ? . 4 + ¢ (+ o| nie S| “1/81 of d/ 9 > y ~ | | © ty / y / N + "+ + a , ae i ¢ } ; ; ; ‘ 7 ; } A / | ; ; ; f / " Ly Fis alle 2 y j a , j « / / J f—/ , S$ i = Pace tiie J A YZ TY O 100, 200 300 400 500 600 700 - TEMP A i MO cnesh STRESS BDDO 1Q000 IB—CO ~~ 2BOH00 2900 > Influence of temperature on the damping capacity of an annealed Ni-Mo steel (Steel No. 1 SE ca ee -——~ _-_ oor, teels, and to show that a genera ee ennai ~ oe sittin cael teal rrelation with creep does exist, bu . Ee sacecadthal that a correlation with fatigue and AMPING Capacity is a com | Seoihaihite iat tee ‘harpy impact results 1s doubttiu paratively new term as applied ned in torsion on the apparatu Possibilities to the properties of steel. Other sabe angie kasi, Saleeg ielo-peces In view of the known natu i names for it are mechanical ng ; on head. { a fs iamping, that it is a hysteresis eff hysteresis” and “crackless plas : i large | se dey aie a : er ticity.” The influence of various ee ae ne possibilities. fundamental metallurgical factors . ee 1) If th on this interesting property are eee. ererere 2 discussed by the author as well as Fatigue t were made , aaah: Neda , any possible relation between it vo cribed by 1. 5S. Fuller in a ex ewes: tt and other commonly determined or ae aa ture. Both physical properties. Methods of vere the 3 ™ measuring the damping capacity unt um type. and the t ) A ve tn ! ned and t and the effect of heat treatment “e . pact test vert ul ] eee are gone into. In a concluding a8 the result portion cold work, composition . : al creep, fatigue and Charpy values will be discussed. This is one of Materials Used only a very few contributions which have appeared on this new aad subject : : it il \ I jue d ; ee ee 600 o. | and y { gy. { ‘ i e tre | “ . : | a 4 \ #100) : | ad | Tests and Testing Machines Used ; | da 2 ) rmined on the Foepple-Pert ; ‘ I £ ‘ :, ¢ ed & a a | “ a” , Mi (AO. STEE! A ANNEALED iG. 4 Damping ; 6 a j 6 H— INFLUENCE OF TEMP ON pacity r P. curve A ; ; DAMPING CAPACITY for ingot iron at varies } ? I] THIS SERIES OF TESTS temperatures 4 4 I] | MADE SUBSEQUENTL) TO TESTING AT 700 : 3 {]e > > v 5 : *t rH : ‘ | ° ~ iG. 3 The accompa 5 /O a $4 O+ C+ rt = . . ) Q { 9/ 9 ing curves, at left, a 2 9 ae H } “+ the results of tests to revea ‘ t / @ : c i} nfluence of temperature a : tf i l Jamping capacity Sam Q YA % I f steel as Fig Af 72 HY } f a &- « ¥ q / é g (eff } 6 Yt 7 f : hy / S | Y | # 7 4 " —! eA 6 of J / - eo” a” af 4 ; 4 f 3 } | _4 f- E — 1 e 2 Dickie toa } | ae STRESS 5000 : Wy jos St 20000 5200 M000 [§000 20000 25000 er sq The Iron Age. November 24, 1932—80I marked and now there is no break in Mi Me 2 21000 Lb. per sq ‘ rs > order of P “ a : 2000 the temperature order of P. , 5000. } gz A Heat Treatment sn% nv i i . iain Slag os : . ? td ‘ Fig. 6 shows the damping cha: a5 a 0 CO 200 300 400 SX ; r ani 2502 Temp of test acteristics of steel No. 1, a nickel 340, ; thr ™ ybdenum steel, in three states yj treatment. 1A is fully ar ei; . nealed; 1-6 is quenched and drawt a . ’ : - RX 600 deg. ¢ and 1-4 is quenc! A Sr 100% 2500 30000 nd drawn at 400 deg. [hese curves are characteristic for } } 1 . _ e : : ; | oy Dampir pacity of No. | steel heat-treated by quenching and drawing steels so far examined, including 400 de then tested at various temperatures up t 0 deg. C arbon-molybdenum and plain carbon teel. It has been found in all cas: ven with very low carbon content UL. a nen tested that quenching lowers the damping ra 00 deg. apacity and the harder a ste ( mes the more it is lowered $ \ lemperat ré 0 si j , : j Q 9\) ’ ‘ / <q / Ni Mo As f r / Room temp 6-4 } ‘ofluence of heat treatment 5 A Charpy 2 / s D % 7 ‘A /63 301 936 ; ' +6 443 892 /0/ a era ar 4 292 584 /00 4 ia aa et : k . oe o EE alu otal! 5000 /(Q000 48000 e@po0o . 24000 3IOP00 35000 ( a ible 1 Lb. pér sg. in. . Fig. ¢ Damping characteristics of a Ni-Mo steel (No. 1) in three states of Pr ra rs Nay , , heat treatment ¥ f 1 several ern mo $12 } i Alt A ‘ ! n Fig I ( era e! ( the Th ndicate hat in the harden¢e ae deeds - : ng nperature, ha ery little ondition the steels examined are more d A now er Ul fl nP.3 i esses beyond early elastic than in the annealet ¢ r inis f) , . + V0 nee tate. (To he concel dé 1) ! ir l i £ 4, ' Here agall eI resses i EN of these “modernistic’’ chairs, each ; W el 1 ot which requires four welding opera g a tions, are fabricated hourly by one oper : f temperatu 3tor They are made of l-in. diameter 500 dee. ( At g-in. thick, electrically-welded, 0.45 to : ; 0.75 per cent carbon steel tubing, which is a bent to shape and then arc welded. Where ‘ a Ait the open end of a tube meets the rounded ( 4 hardening , side of another, the end is ground to fit Lile l { pe as a! Continuous fillet welds are used: and no al of tl machining is necessary after welding | ’ (o nity ) Stable Arc welding equipment and : 3/16-in. Fleetweld and shielded arc elec | x No trodes made by the Lincoln Electric Co j I I I Cleveland, are being used for this work The steel tubing is furnished by Steel & Tubes, Inc., Cleveland : I 802—The Iron Age, November 24, 1932 Size Limits of Brass and Other Die Castings ~ € I RUE a . - OOSENE y a 7 ww * 20 \ / - i ¢ yr * - > ‘y Die-Casting Metho Principle of zinc-base all casting machine : Prin ple t aluminum di machine , a ‘ r ) y ' y Y } ; i 1) ¢ i 4 ' ? T nar cr. Vorember 24. 1932 The lron A 803 a 804 The Iron ive . Vove mbe r 24, 1932 Casting Limits of Typical Die-Casting Alloys i Lead Zit Alun Cc ppt 24 10 3 ' 6 16 0 x 0.12 I ] . 0 0 ( 0 QovU é pel * )1* ( HF O03 4 0 10 * (+* ° t) ] t 0 ( 0 ( per witha process eliminated much machining ducts that would otherwise have been nec- 1 i 1 I t desirable section, tl iu ictol i he | am, and it cus \ nary in this particular class of cast wheel at ng to use a %-in. section for webs and irbu ng ing’ n beams up to 5 to 8 ft. long. velop i : iller castings can be made with 6-ir ections, and larger castings Cor require sections up to % in. Good to keep sections as thin as because of economy, but at 7 ume time provide enough metal nn hat und castings can be pro- t : i I ( n of alloy castings, the y ald re y t e taken to harp tu nte? ting plane t ! ha at obstruct tl | Long irve ire rel na angi Al ection ild ye the U2 kne ? T ey I ] Oo \ Dp! l ( ven-wirt ! | ea ted Sir fied ( Recommendation No. 9-28 é ed their intention to he rese! method der ng tl mplified lin y in atel I n < ital § ind lite according to an ar nt 4 f ) f f e Bureau o ar I 11 year me¢ I ( m lity ha f heir rol f ey { y { nm ‘ nd 1 June heduls Chicago, Burlington & Qu d which propose t anc h ving a \ g or fabricatior n tran l I ment certain iron and steel i né ut ne W re National Founders Urge Government Economy, Discuss Silicosis rFHVHE National Founders Associa- ng tl yr ation from the days of primitive tion, at its thirty-sixth annual nts, that su an, he reached the conclusion that convention at the Waldorf-As- ' ‘our « lization is a spiritual and not ria Hotel, New York, last week, a iterial affair.” He said that indi ent on record in favor of drastic cur- Copies of the resolution wil I jual initiative which has been fos ‘ i iilment of governmental expendi- to all members, who will be urged t ( , ul} ocial system is “the ires, Federal, State and local, and in mmunicate with their Federa tate test driving force the world has forcefully worded resolution stated and iocal representative I ( er America has become the it the “time has con.e to concen- erted effort to bring this matter t ition she is, not because of material ite the economic energy of the coun the attention of all who hav ting thins but because of the spiritual in a campaign to bring about power in the itt f for her people, produced by the nditures l lrrounding the reward pul ts < I e! ‘ ‘ nitiative produced and pr i I n busir ind ir I her political system liate abandonment of unessent UlOr l ir present trend strengthening : : eee er pe Sian S. Wells Utley Reelected President yveaKkening that spirit? Does the i nc\ f government constantly t W { Le rea ! ( f restriction ( Co., Detroit, was 1 é Lwa) y taxation a larger and Thomas W. Pangborn, | gbo1 1 hare of the reward f ability : tia ‘ ] ' I t tha may turn these J 4 4 | } W rtunate ar tne hif f T i I a I eal I ! I tr Une ries, ¢ in { i { ) l-ave er n } t ixX¢ t ker ev rict I f ng I I e t) 9 ite the w y icnie greate 1 ‘ ' T ‘ } I r arried ré New District Committees of National Founders Association I A. J. O’Conr H ; Mfg. Corpn I Va \ | ~ + a ‘ Vi ( S h Wi Ga nm J H Bir ! ‘ ( lr \ Cont ward F. P Co., H n, MW } W i? ? ( \ ‘ i) ( \1 I , ( N 4 { ‘ . WW y { \ , . { T) I VW 1 17 T M The Iron Age, November 24, 1932—805 ti ii ige Vorvember 24. 1932 Det nat in Federal nies n en era Covert ) n ero y Va nda 1 ? t y hy ¢ ) y y . ; ’ n iin : , nd i ina i I i e) I ‘ vl t i en \ re T a i¢ ) yrt r tor 17 mployment I ien s \ witho aA } } i! int y } nserva $ ’ | } | ! WwW £f «oll + \ Y ' } + 4 Step Reserves } ’ i ) l ) y ) ve i +} y r me! W [ isn u +P py yt i i } al } ‘ ‘ | , hin no 7 y nal r } { i t } y her py? \ ng ’ } fa ( 1uti T estion it deserve | + Ly e prea yn the par and of bankers, Thi | ss stagnation he forces of itiv begun ti ad and thi force yf the is obscured no ( T ‘ \ 17 ? Y y T I eX ( i} é Single-End Bore-Matic Precision Boring Machine 4iU I cast iro! in I ne to four heads ca ler lar simultaneously, depend work and the operations | ’ furnishe met i he ympany < ha oO amond or eee Bore-Matic preci- the ring he ~ ng of 4 sion boring machine has been dé lraulically operat ’ shed by a le un loped by the Heald Machine Co., g. Drive to nly the proper heigh Worcester, Mass., for shops not re V-belts, and by chan rake or angle o liring the production afforded by th: ng head speeds car inv ha lar suble-end multiple-spindle No. 46 1200 to 5000 ( ! heads ir Bore-Matic previously introduced by rl a i] ll ty rr - y . . a company. The new machine, the ‘ . ‘7: “é . ’ 1c : Ore 5 Aig a 5 i I u Max No. 47, is similar to the No. 46, and, ruvte hole . : : amet nk ha at Ir. wses s oO or y ke the latter, uses diamond or tung when cor 6% and rag agg: ‘ sarhi » + Ie ¢ rodnece | ac aft ’ . en-cal vide LOO! ” taba I — Lit a f : ‘ nd maxin — yf gn accuracy and fine finisn f ‘ Ss 7 +. ' y ite ? in Operation is automatic. Feature ide simplicity, fast boring cyel isy change of boring speeds and con nient operation Work led and unloaded from St Dp] t p : F t and unl 7 eam Platen Press Exerts T e ¢€ ] I Y Base and table are hea ind tl IO O00 p table ways are completely covered ; | Ons ressure constantly lubricated. The tab! I procate iraull I r Siti | r ) I pel nr | <¥ = \ in ne i ! ne en mu " 7 . ’ ; , I ible i nree ng l - ! ng | ‘ ’ r |? neg i ’ I . : - ‘ ’ T T ? Y y ea ul rar rse T Pre é ) cla? no the : ’ a a I | ri heads al I { ‘ n N if ! T I lr? ' } Ww } ada T } nace ne I ping i ining the heads by hand, and PERATION of third position | les for runnins the Bors Matic shown r 1 “ r below is aut I nacnine matic ro. the motor tne — 18-in n and ! f tcl rams are used . id f « i? ! ' steam platen ress at right sa 4 ae Mey Ss He es Lita oad ett ee : UE he The Iron Age, November 24, 1932—807 Portable Gasoline-Driven Arc Welders Y : | ipa i I 1% i i n I al f e ‘ I ire al i niicnanenaiepieanainitiineion 0 - \ } od i AX ; i ; i i 4 * ? | £ Motor-Uriven Bar ~ 4 ' Bending Machine al | ; HE tool grind er and lapper at left may be had with pedestal mounting UTOMATIC features have been incorporated in the bar bender shown at right 808—The Iron Age, November 24, 1932 Oxy-acetylene Welding and Cutting Show Progress I I \ i lO ‘ y n S a pin = a ; ce } t “d aia ies I t i ~ t ng n o1 7 nA sized. Mar mpan ' 1 J. H I | 4 ! I \ ( K Ty N » Y io I W & 2 ae ict Sa N Y Kearr K-G W ng & ' : ng Co.. New 1 ee \ n Engi ng C S l tor vl al , The Ja Turner Mors 1d M ! ] LJo vill 1 G Dalen, Stockholm, Sweden, it was an rree thar nounced. Mr. Dalen’s many contt é itions to the advancement of tl ay ! acetylene industry include develo; I ‘ re I ment of the acetylene light-flashing liar. Just a é device now extensively used on marin have recent the d a buoys and beacons, and the “su al ‘ L 1 , WW j | | tod ia meé Wel ecte ¢ t r t I n D iogica 4 n re r ) earn A t nap The Iron Age, November 24, 1932—809 nted W Report Gives Comprehensive Iding and Cutting Data \1 lron Age November 24. 193 not on the ga pape yn “Welded Piping in a Cen aterial, but tral Heating and Power Plant,” by now ob R. D. Williams, Baker, Smith & Co New York; “Economie of Weld Ba ai 1 Piping in Homes,” by Fred Maeure1 , , no , Air Reduction Sales Co.; and “Train ru n¢ i ne hoo ng Journey n Welds wv D > I Land ed i na al tol . ‘ y ? 4 ? ( Y \\ ‘oe y H g I ng \ | 1 , Chree-Act Play a Unique Feature of Acetylene Convention ; ‘ \ \ inlague event of tne conventiol ymprehensive Data on Machine +} slay Y t i Cuttin : Ay SN “ul Dy eritv Pr written ] Fohy l ! P. W | e Air Produ ( \ I ! i ( etore na \ i r ) al 10) eV" ’ y 1 y n } \ ! ! Lt l i 1 : RB I'y y () ( ( I {7 ) ? ur} } ifter OT I ( eal T ' ’ re € 1 large t l n aeve ( r ond oO? +35 ’ ’ in nu ’ i I I ng i Tt tior I ha 10 I rt I oney ' ! ava r replacing the ’ y er 1 ? faulty Dp p equipment ) n » victor) é l neine I oY f ne weld 5 n ) ) } y ) ' \ I i \\ \ Commissioner of Customs Defines 22th ‘iit SiS ORS Anti-Dumping Policy of Bureau "would be succeeded by. an we or, therefore, ism B Cu 4 | : ; United Stat Change in Bureau Head i} an | neerned, these bonds now apply 0 Railroad Cars and Locomotives Are a digs Fewest in a Decade Other Charges Under Considera a 62 H The Iron Age. November 24, 1932 Bll 2 o 12 M. KINTNER The Tron ize, November 24, 1932 Unemployment and Labor- Saving Machines By S. M. KINTNER Vice-President, Westinghouse Electric & Mfg. Co aa G" AT industries, such as the automotive, the electric ind many others, emploving millions even during periods of depression, started from zero, so far as employment is con cerned They have been built by mechanization and the jobs that they provide have been created, primarily through address by Mr. Kintner should be read b ull who are concerned with mechanization. This ind about the relation of ma chinery to employment. — ¢ , 7 r y An y rreater 1 ; lig A T T irts usiness iT } } thai = fe 4 = i a ra) gres vill almost certainly prod from her magic box. Fifty years ag they could use elect "1C1Ly Forty years ago it was g running streets everywhere Thirty vears ago it was driving factories and roducing new materials. It is only velve years since it began to be a 0 to reach the universal ear, and ay that it niv vester I pil y ¥ ¢ t 4 AeA at came the universal amusement, thi e actor in ten thousand theate1 W hould we suppose that its are exhausted? Is it not reasonable exp that new indus ies, ea demanding an army of <ers, will appear from the source vhence so many have already miracu- So many prophecies of the past that nded a warning of a finished pl d » I h when ibsequent A A i ana y { y n y I it eff l ' \ a ? ; T t ( I a \ Mi vitn nye ry i ne ‘ l ir this gener on, Tt i we e-hour then a ten-hour day, i Concluded on Advertising Page 14 ———-—— ee ee _...-OFF THE ASSEMBLY LINE... Se a a” tL f - > k LU £ < we LAE At a will sat < a : _ ed - —— AL a as Chevrolet Buys Steel For 35,000 Cars; Hudson Also Covers Requirements Derroit. } VETROIT, +N Steel purchases by Chevrolet and a past two months estimated at mors | ) REPARATION f 19 | isher Body for Chev rolet cars in WV adie than 100,000 tons. VI ( ( ha Hudson has bought steel for 15,000 : to 20,000 cars. { | T A A yer’ I > ol 4 p I iymoutn 1s continuing to ‘ ; ' 1200 cars a day, six days a week mouth Maintaining High Ou Reo and Willvs-Overland Buy Steel The Iron Age, November 24, 1932—813 A STATEMENT OF t14 The Iron Age. N POLICY h Ww t “ [ fig } ; il AMADA ovember 24 1932 MAX SOLOMON I wall Lo! J art attack Nov 15. aged 69 vea a l ry a Ve as in the scrap trad H vas pl nently identified w ndustrial and civil affairs I ! Beaver Valley, i e] as at P i! and Was W dely recognized I I antl and charitable wor \ I i carried n quietly ul I iT n race r fait! eo tee GILBERT, mechanical RUPERT H grineer Milwaukes Reliance Bot Works, Milwaukee, died Nov. 11, age yeal He was born in Milwauke: construct During ne war ne was I neer, Ne wport ( he mical Co , M iukee, ar upervised erection and | mer ( nanutacturing aad t , £9 HOO OOK ee te te | Al } TAPPING, general rer, American McKenna Process ( Ma m0 . it Sheet Sales in October Largest Since April ‘ sheet ! October by nde! roauce} ex eeded thoss nt} ! April and produ ! ng any mont! Mar ng he mont! f the N nal A ition | . Van ire pa 1 () Y j T er ¢ y ‘ nN 74 fF y 2 7 ng ‘ Dy ‘ r OR 20 8 . iring nth ’ ne! (24 ! a ; ' f la al ) i Percentages, Based on Capacity ; | l | H M | { ’ vi ‘ ’ y 4 1 » ‘ 1 i I Lo >! a \ N } I i! I re PY n r TY " Q r ‘ rr S \ I U I nents were a ] m nt i han the n é ng monti .-PERSONALS... 4% JOHN S. KEEFE n and . set os ae & W ( } yu e re i nh iv ne un n’s pla Ke I 1 Q ( y 1889. inag Hi aia t : Q { I al tra ‘ U! An ster \\ 1901 } —_ a ] a Wa | . 7 St. Louis Welding Group Rage allgy sad Active in Code Revision W W ( 48-in. Pipe forWashington a Job Bid at $10.50 Per Ft. iM H ER at ‘ é ( KE x-( QO All Zw , De ‘ Ex-Cell-O's | Trade Notes i) Aircraft & Tool Corpn - t B \ 1 a ae ee Standard for Soil Pipe _ ‘the ‘Tennessee cor Is Proposed ( | W Ma & | a nate ] 1 W | | Br t Ir ules mana he Mets Knaines B P) I i State Railway Bald) nps : p ( | Ph The Iron Age. Vovember 24, 1932—8I15 » +» LETTERS TO THE EDITOR ... ‘@ 816—The Iron Ethical Buying” and Economics November 24, 1932 vantage of the opportunity to make profits as our economic handicaps ar ? ry \ ‘ Vet G&. 1. Renard retary-trea Steel Consumption Bound to Increase Editor, THe IRON AGE: [ wa greatly interested } iidiin Maichs eee e in THE IRON AGE of Sep “Outlook for Demand Chal ng t Industry Attention rn A oe I I f I } Y I 11 I ‘ I I LLLIDIY ( ore i | ) a f ‘ y 1 ‘ | ( ‘ ‘ ’ I { n i in ] ere aq and 1 no \ ’ ré | y ’ l , ’ 4 y ‘ y ' } ‘ rate ] ted {f 8&5 L0°¢ wh } Y ‘ ‘ ne n lT rié n oad sho} ! ng pia I COMOTIVE and Oller e e EDITORIAL COMMENT « - Bold Steps NX] LVER there been a keen Standardized Homes ‘ PERI Forward and House Mechanisms : Wit I n | ( \] ( Kr \ t 4 \ ‘ It N . Hi yn Ameri confider ! ployment ( The Iron Age, November 24, 1932—817 tg o Britain’s Steel Business Is kixport f German iron and luct totaled 145,999 tons n September, latest month for which ure are available, as compared ns in August, the year’ Improving, Confidence Returning is'nt scsraine tte Conners tinent The Port ize. Vorember nenta 24 lore Prade Gray lron Executives sacveabelig tity a Meet in New York ee en ae Pig Iron Output in England Gaining and More Furnaces May Be [he September import trade wa Lighted—Belgian Steel Trade Quieter 70. tor vlow that of August and aggregated only 55,438 tons, tl vest figure of the year 4 substantial rise in the demand ‘ wire in all markets served caused ee the International Wire Cartel, as re] ; resented by it sales organizatio1 eeadacens IWECO,” to approve recommended pic price increases recently at its meeting russe acco! ng t a report t L) riment f Comme} ron ( cla Attache | ( Mille 4 second pha the 42 é l ( I cy l a » neld to be ( the XI! . § fe rent i eacn nt? competit I m nor tel having beer I Production of galvanize neet (Canada for tne first nine mont! 4 ul inted to only We compared with 34,126 tons dui the rresponding period of 1% at ne 11,7¢ tor 1 rding’ ft to the Commerce Department mmercial Attache F W Veekins, Ottawa. There are five betwee! firms engaged in this industry in 1982, th eport stated, four located in Ontario, and one in the province of (Ju i Other VorkK , 2a comm Té ( ait yubH1ICcItT I e new prope : if gray iron, interpretation of tl 1 Q [ a prope Oo] ror ASTI . Hot new ust grad ( ‘ The con during t} i tec iVlIT me 120 pr n vers of the institut I ( t Ca echnic il or) ] um : part th ount e ! 1 mplishment | | ed Busine ind | Rela I sour Cost wa tne } l ( t J L. Carte VI | \ a re 11u¢ of the I tute { He rged a more ext \ ] t the ( t ervice iY } . n il ! ffered | Ur ! ' He re mmended qua I I il i O¢ il ? iy } i t ’ il nt ( ' l ( ) I n I i} ca I ind benef I I 1) Sa ne th 1 New | 1t¢ Ir lran Plar } nee rred BE », pre eT tla I ] I l ind! Detroit j ‘ | \ nul } Tu al ma ive! i pened the session with ar ‘ n “Marketing Our Produc VI He wi i the la speake d ISSII Pa Preset | | Industr SUMMARY OF THE WEEK’S BUSINESS Steel Production Declines as New Business Tapers Off Some Mills Take Advantage of Holiday for Half Week Shutdown— Industry Centers Attention on Prospects for First Quarter RECESSION in new orders for finished stee intimat t mportant railr b products, whic] npevgan te ne npnarent ! ate é A . Octonet! na De mie nore pl < ! week ind na fT ¢ ted ? 11) , Ll all district The aut e il | j steel nsun nan! Né ( wy Stall 1 t ) ) Lakin iT aACCO neta ‘ . . Di WW 1 ' } { Hey shut dow) fron Wed é ¥) ‘ ' \ \ (‘¢ nday mornin hough J nksgir ! } ’ \ nall a stee mill y ! é ; ()( ! t ntrv is i whole qd ) the ‘ i ‘ Z I t i 1 : , tii V Will not exceed ib pel < 5 l , ) per cent last week t { | cepti ns to tne d \ 1 1 . \ é } the Detroit district, where p1 l a4 y , i,j ) t against 13 per cent 1 re { : Y f t Y eT el plan if the | rd M r ( 3 ( and il! ‘ hee : ae tput of 110,000 of its 1933 mod Birmingham, where there has be: ne } my} ! : as FY] lot ( { { | 4 ‘ eel-making units fol i { vw? ry y ’ T l ent last week } t? ore t ) P? Speé tS Tor tne en nae 3 ) 1] ' ( : Clall TOO! Wil to vear-end ( ' r) » 2s ] l ions and the general ul rt ( nal action upon such pressil problems ts, the Federa budget and taxat ( LTHOUGH there m: be a slight eet manufacturers to ad No. 24 + ] , ( 5 i I i ¢ qaurin } ] j \) 5 ne te t I I the tr red rhe t \ eA) na the Os 4 ] rae} a p) uct I ] rst ] ‘ ¢ ton LL au I I 4 e| ton} é itte} in? > { requirements and ste I l ruction n pe lt rtant l Tig? t ] aing Vv ’ Tr iT i é é 4 , , . + i 1} Re ru Kir ( . aA i : ; f ; ! ! ects ! 3; thus f i Af : : ill factor in steel rolling An ‘ oneles } fc proaut on DY irn pr ) ( i rl traae 5 ( U! 11) ¢ i ; i ne ming lart¢ i j ; n the han f +} , 4 ’ } bo lall exnaustet Or A 1 > ; + + . 4 4 - , ‘ ‘ ‘ ; ‘ The extent of probable raliroad Duying Is ne ; : nee eA the perplexing uncerta es ll é ee! v rag " The Iron Age. November 24, 1932—819 ian, Te Comparison of Prices «2m « Market Prices at Date, and One Week, One Month and One Year Previous Advances Over Past Week in Heavy Type, Declines in Italics Finished Steel Old Material Coke, Connellsville Metal 22a the tron Age Composite Prices «2 m2 1 Stee Pig Iron Steel Scrap i | | | H i Low t J $! Ju 5 0, 1 15.00, Fet Dec. 9 ~ Oct M , 17.58, Jan. 2 Dec. 3 I p I July 2 Jan. 4; 2.212c., Nov. } 19.71, Jan. 4 t, N 15.25, Jan. 1 18, Nov. 22 ve, November 24, 1932 Pittsburgh Steel Demand Declinin Ingot Output Generally Lower pt tSBURGE, Nov. 22 Ager am & and for finishe n products in the Pittsburgh d Orders for finished steel declinin trict 1s steadily declining. Shipment in Pittsburgh and nearby districts rf sheets, bars and strip steel to t Shipments to automobile indus | sdnaty a : at n al try principal support of some } ve : ut new buving } ' 1 . mulls. 7 has been lacking. alt ' Bars, Plates and Shapes 1 lT ( i t ( Railroad pu Some plants will be shut down fron are generally | Wednesday night until Monday ne past wee morning. ) Pp ‘ *T1 Mills announce first quarter pric« y on sheets ind strit I plate \ Pit irgl ih) ‘ price tor 1933 is S4 } ( \ He i neiting scrap ‘ ri I a 2s ton lower rTwvTw?T Pig lron t ? 1G | . ¢ e | Semi-Finished St : | Rail nd Track A T yular Goods 7 vw at 290 P or} y r y : Ot Bolts, Nuts and Rivets ter. TI a" seer e changed. On other finished ste¢ M ! x t if products rst juarter price ar ruture aS The Iron Age, November 24, 1932—821 Cold-Finished Steel Bar in Plate She r Sn 4 a 822 The Iron Age. November 24, 1932 rl } ‘ r ’ ‘ a Tr ] ! $3a 1 ra n i I ited the chiel ' } ‘ fT I [ \ ias Lions \ arte ‘ na not ] r a in iarpee y ’ j at f » 9 Pit reh, rice oT ’ nneé \ \ y ) \ ‘ ’ Coke and Coal ted, and prices are nominal, rang ' | | 48 te ng from $1.75 to 32 a ton Strip Steel Releases been lighter in the ast week, but a little new inquiry ha peared from the aut ile indu try. As some of the material! is for first quarter delivery, mills have have mop shown a willingness to open then ooks for that period at unchangs prices of 1.45c., Pittsburgh, on hot } Pittsburgh, or d-rolled. Production schedule p industry are holding at abou n ( ipa Scrap \ f a ale I aliroa I 4 n ee e.20 ha S « aDILIist t l et i lower leve Deal c fied r I i ff ‘ t n Duy ng et To ) a evel lowel price il i Phe gyrad ire el VICI Sa I ( I iT advanced Birmingham Steel Output Higher After Poor Week ’ , ror ale } a Q pri gyain n septe el il A I N ry a I ct I t ? rr é Y re ant 1 } I i aecilning tnere ire early streng Pi} r I I ron tv te ] I ! | \ large Stes | Cincinnati Pig Iron Dull; Sheet Sales Improve | NINCINNATI, Nov. 22.—With in ( quiry lacking and new business ill, the district pig iron market pre- outlook Current orders past week were for a total ol less t 900 tons 11 ngle car lots. Con imers are nowing a tendency t ean u contracts and, according ! ope iting a 1 low rate and the ed I in mpre ¢ not brig Price n N I l I are I t 4 } nfluence ¢ ! Y “ ror ead na du { en f quotations n bolle na ye ne effec Four-inc! }] ; ) ipweld 1b¢ are yuotabdie at o52.v' + q 7 n mie€SS av $54.01 Be ! re 1Sé 4u ! ‘ f Ire ol ne aemar A U } ‘ apacity I | : : t i i Genel qaemand I I 11! ite Co! imers 1a LO al ] ; needa su OTT1¢ nciina I | ected On first quarter n ria ! rice noted eared Iro ne aistrict crap } Mills show a tendency to reduc nventories Dealers’ bids have soft ened, but heavy melting steel was the rn Ix tem changed. the cut being 50e Chicago District Implement Makers May Start Production Soon 4 HICAGO N | a te te A ; i ind announcemer! General steel business in Chicago piemel Sach declining. Automobile manufac all prod LIOT cnedault ire § [ ae! enle . y j . ae beg wei rac england turers’ releases gain, however, and Plates ‘ ~ ? ’ ee farm implement makers may ind ef 1 nea er start small production soon ara ne fal re y ¢ \ ne é r r . AW erla d : ; i arenouses as \ Une { Steel orders not at the low point of ‘ Pure ( ( W lealers are cut to the ne Oo tna the summer, but are below their } liniety ale ‘ an < , er } indus feel an rva recent peak. lild me yme now aga in expect iemal n re f I Bars Both sale ind specificat I Pp ; | —— ‘ ig iron sales larger, but are mostly { ef € it tne iverag I for forward delivery. ! weeks alr therefor elow i} ; th Tal I n | l of } mn ) Vi rw ww ( tna Cal i I SI rial 1 I I ' ee i i Steel 1 I vnwal ! il! t r ' its¢ 1} ‘ el ‘ f I . ‘i al row Cast Iron Pipe Structural Material ; ? i VY ! ks at il nD Pig lron Sh t " : ’ Wire Products Sere Rails and Track Supplic P Reinforcing Bars The lron Age. November 24, 1932 823 ‘ < Eastern Pennsylvania Trade in Steel and Iron Drags No Improvement Expected During Remainder of the Year— Automotive Requirements Best Prospect Imports ) \ eT PHT ‘ ») } it © \ ‘ Gk i y r \} f i { s . ; + I I I a eel 1M I ‘ ec Lat ‘ ) \ l ( bal | t week ; y ine ‘ 1 ; l ; + from England a1 ron fre B h India Warehouse Business J report tnat ae al \ n i I Scrap \ l I I St. Louts Stove Plants Taking Less Pig lron 324 Phe fron Age, November 24, 1932 Manufacturers of steel products are buying the smallest possible quanti- ties for quick delivery, avoiding in their inventories in_ the ehtest degree. Warehouse business n St. Louis has shown a further de creasing crease, whereas an upturn had been expected Scrap Neither mills are buying any scrap at present, and prices are nominally unchanged. Virtually all or ders placed with dealers are filled, re cent purchases of railroad lists being ufficient to complete existing con- Alton, 1000 tons, and Chica- Burlington & Quincy, 4000 tons pending. nor aeaiers tracts. the only railroad list Dominion Bridge,Canada, Gets Large Steel Order eee Nov. 22.—The most in tant announcement in tne Canadian iron and ste¢ ndustry dur ng veek was that the Dominior Bridge UO0., Lacl ne, (ue . has been the contract t ipply steel new bi ave t e ere ted ovel near Montrea Between 8000 Lawrence Rive S? 500.000. n oO el vill be re ) nion Bridge will star nt { nmediate ( I rv little i I qu ’ Pio lron : Vi | QO { Scrap I i I na ! ( T n I | ad ! I l ough Pe. ee i 1d 1cI i machinery l and \ dealers are prepared to of ‘ 50) 1 ve recent quotatior Cleveland Steel Market Dull: nt fr Ingot Production Declines sii siictsnc'sctsnien'nn’h yme Automobile Orders Placed But None for Large Lots—Opera ebenenia-au : . pon tions Off Three Points to 35 Per Cent ee ee (NLEVELAND, Nov. 22—Some ent. prices have been reaffir , mn price f 1.40 Cleveland U1 came from the automotiv and annealed Som new | crap v b en ent « - by . mé Strip Steel | wre slow in placing orders. So | ee Buffalo Blast Furnace stly for bar products for | ee To Be Blown Out » na nquiries out for its 1 5 * ) yu teel requirements for the ) Bolts, Nuts and Rivets Steel iron Ore heats Detroit Scrap Prices 25c. to 50c. a Ton Lower Bars, Plates and Shapes The Iron Age, November 24, 1932 ron for delivery t American Lo ( Co., Schenectady, N. ¥. W es re ’ ales volume continues to be rel New York Steel Business . Encounters Decided Lull ly 1 tone comparing with ly small, with last week’s bookir the week before and 3000 tor two week zo. Furnacs New Orders Have Been in Steady Decline Since Late October— hough nominally unchanged, are Railroads Do a Little Buying Scrap hout tons oft ‘ : : h« Y YORK N \ { i n 1 ! elting steel has been ld for ex} N\ ¢ ¢ r the eal Lhe a Italy \ dealer paving do5 at ” I ‘ I tement in J ry na barge, fo1 ! "lal L ste | } in th iterial. No r Jal ind | in I ¢ g ded at $4.50, n 1 I ng r domest n n S| nts to Ea rm vi fli ! n mp1 me hedul Py Youngstown Steel Orders Lighter Except from Automobile Industry y J OWN , 1 y. which re from tl ither sharp falling off from Oct ’ t t ee ng made ‘ al. fairly w report j na bars. gy iron al I mal indry a 8 mie Golden Gate Bridge Work To Be Started Soon QAN FRANCISCO, N 1 Wit O20 The Tron Age Vovember 24, 1932 y QOKINGS of 10,800 tons « B ctivity was in the Central States NORTH ATLANTIC STATES xf New York, any N Y I 1 { York, \ ‘ W S H i Br Ms. eee ( Va ood City Pa a A W \ kl SOUTH AND SOUTHWEST sville, Ky., Ark »f Oklahoma, ton County, Okla ED & CENTRAL STATES Mich Fabricated Structural Steel Lettings Again Higher—New Projects Also Gain Reinforcing Steel Awards 850 Tons — New Projects 1650 Tons AWARDS NEW REINFORCING BAR PROJECTS Pipe Lines & Electric ¢ Railroad Equipment y 5 N 826 ? , Non-Ferrous Markets Sluggish; Copper, Tin, Lead Prices Lower rr, The fron m Cle vel ind ize, Warehouse November 24, 1932 ms Yew «A \ Lead \y ) ibser c \ ’ ' Q : al Y I 1OwW ( I i ive i ] ) , Yr) y ( l l in ed re t oy Zin i l } t OY at c. | 52 Ne Boston Pig Iron Buying Drops Off Sh rply Scrap By -} ict coke makers hav per their books for first half con n the usual sliding scale basis ms are the 1932 consumption foundry coke in New England wil not exceed 25 per cent of the amount ered in requirement contracts. Prices of Finished and Semi-Finished Steel, Coke, Coal, Cast lron Pipe BARS, PLATES, SHAPES SHEETS, STRIP, TIN PLATE ‘ RAILS AND TRACK SUPPLIES . TEDNE TE Iron and Steel Bars ERNE PLATE gag Rails sheets $4 9 t st g nil ; ( nhicag A c ‘ ; ‘ ’ ; ladelphia 1.9lce sburg . : el'd New York 1.95 P f ag n Track Equipment lDetr t 1.80 No ) lel'd ; ‘ phia ( ar 1.65¢ N f rmingha ‘ $2.4 Lackawanna 1.7 0¢ N f acifi as = ‘9 Birming 1.7 | c ’ DIN g Pacific ¢ . 2.10« Hot ed ‘ ; : i e Billet Ste ol ing : a tt ‘ : ‘ Dies nanan ‘ I a > as q 1 by distributers | } pase Dis ttsburg! ae : Kg 4 » 60-ft 1 ° No. 10 rts ‘ Dis ta Lora hio. Mills T list I a 1 engths 1.75 } W burg ae ( NUTS, RIVETS AND SET f ’ > ‘ Y . t rg : ‘ K es a CREWS $, oa of hicago dist ; h'go 6 . 1.35¢. to 1.45e. | + i j ad 2 h ' Bolts and Nats go Heights mills 1.50¢ No. 24, f.0.t ngha | No. 24 f. Pacifi as ‘ sburg cham n iw 4 j . . ” : mmon iron, f.o.b. Chicag 180c | fine ir fot P’eh a s >7 ene . rg Cleveland : chem red » 0 P’g l 2 ¢ " . ; ag a ‘ Ts | . . 1 ag “ TS ~ > xak 0 ag ~ 15 Tank Plates ‘ i » . 4 ‘ ‘ acs Base per ‘0 A sed « n . i ».b. Pittsburgh a } - ad . a ’ Chicag l Cc . ‘ » j Birmingham 1.7 | g 5 el’'d Cle and 1.8035« ag f ; . eae , ; ae 1 Philadelphia 1.7935¢. | ' TS atesville 1 x he 7 i . =’ tien , rrows | d y Yor . * Z « a . a a Structural Shapes . g . nt sbur Bolts and Nuts ax ls 7 ai { ' ack ‘ lp ‘ 5 acl 4 a + < Sheet Piling . aa - eel Bars ‘ $ ‘ ' . I ‘ > . . 4 A $ Cap and Set Screws . | z ‘ « at ‘ . ond , lot-Rolled H s, Bands rips and and 25 a : } Flats jer ‘ 7 : } widths i 119 Spring } p = Wasnt ~~ ‘ : ; ‘ s _ 2 Vanad ing and 16 0 i rn ‘ a ‘ Manga Spring r and 10 fl . a arger F is and ares Cold-Rolled § “ and 10 Vanadium 1.» . Aly » O5 F er 4 4 : . are for t teel ba > SEMI-FINISHED STEEL ty. 1 differe ) ee ee %e. a lt W OFCOSTEE Billeta and looms ‘ atl for 5 "7 se ” ing. For t , : . ’ x] the price for a gross ton is the . $28.00 et price for bars of the same analysis WIRE PRODUCTS l Billet ler 4 x 4 in. carry the steel | ; abve base is pre gstow 4.00 ' pa base Slabs with a section area of If j arload ts , . Pittst rgb a ‘ 7 . ‘ hn. or over carry the billet price Rlabs and arlos s 0 4 of Of ' with sectiona f less than 16 in. or After De $1, extras of ) ba ' ess than 2% in. thick, regardless of sec mixed and j ar ar s with r hicago 24.09 i mal area, take the bar price 14 ha Dba . r : . ; 0) | ar all mer s with Forging is stown 9 Cold Finished Bars* gths and : Base per Li To Manufacturin na an Sheet Bars i Jars, f.o.b Pittsburgh mill 1 Bright wire . gages echanica ‘ st and Open - Hear x Bersemer | tare fot Chicag 1 Spring wire lisco Intermed ate sizes & guee Per Orose Ton : d ‘ next reer a ‘ ars, Cleveland | To Jobbing Trade a ee arge rg? $24.00 0 nd he % lars. Buffa i ‘ a ‘ avier gag Youngstown 36-60 _ Bars, Detroit I | @eentend of ‘ $1.95 eveland tandard wire nails , : Bars, eastern Michigan 1 | Sedie enamel malta Seamless Mechanical Tabing a Bhafting, ground, f.o.b. mill is Galvanized nails 2 OF Per Cent Of LA labs yn 1% in. 3.00¢ Ras per arbon, 0.10% to 0.30% base (carloads) 55 8 in. x 2 in. and under 109 In. x 10 ta.) - 1 16 to 1% in. 2.50 : S 620% to 40% base 50 Per Orosse Ton ,2 - er Smant nesled wire ° . 4 s ) ie e a 16 to I% in. 2 35¢ mooth anneal a wit ; s differential for lengths over 18 ft Pittsburgh $24.96 ‘ 15/18 to 2% in. 2. 20¢ | Sm oth ga venized wire aon ory = eamercial exact lengths Ware Youngstown 2.0 n 2-15/16 106 in. 2.05c. | Polished staples 2 78 heuse discounts on small lots are less than eveiand 26.00 . | Galvar zed staples . =f @ an ae above Turn to nest gage) *In quantities of 10,000 to 19,999 Ib. | Barbed wire, gaivanizec . The Iron Age. November 24, 1932—829 (F.a.b Grooved Universa Shes COKE on sw Foundry England Foundry or Jersey City jel’d Foundry Foundry ; fs deli Birmingham Foundry r ndry Louis, f.0.b., ovens Foun » - a ¥ n w 4 a8 Mine bine ea s nes e silac 6 © e 4 Ma ; Mis andar ag 4 6-in a . 4 6-in., a 4-in “lass 830 Wire Rods AND FUEL OIL ng distric I Vorember 24. >» NEW ENGLAND 4 Pig lron, Ores, Ferroalloys >» VALLEY 4 ton, f.e.b. Valley furnace $13.50 - 15.00 - 14.50 ndry 14.50 ry 14.00 $14.50 to 15.00 copper free 23.00 to 25.00 rate to Pittsburgh or Cleveland $1.8 > PITTSBURGH 4 ton, f.0.b. Pittsburgh district $14.00 14.50 15.00 15.00 ates ¢t ints in Pittsburgh ange from 69c. to $1.26 >» CHICAGO 4 ton at Chieago furnace fay $15.5 No fdy 16.( ’ Z a! 5.5 phosphorus 15.50 harcoal, s 1.5 by 23.1 2 fdy 16.14 2 opper free. 25.00 7 r er aT . 5 e rent 7 maumers yards ndry high pho alle are f.< es a switching > ST 4 s ton at St als $17.5 f branit s $18.30 8.8 14.5 Rg t 18.8 i8 t 18.8 s R82 average Granit $ >» from hicag >» NEW YORK 4 j vered New York district ast $17.41 to $17.66 a. Kno ¢ 15.5 x 5 l ates t $2.63 f reey >» BUFFALO 4 a s 4 ¢ mast N al 75 to 2.25 $19 14 $5 ¥ oe A sea >» CINCINNATI 4 ton 4 at 4 , $13.8 . 14 at » # $ ¢ Ironton and r a >» CLEVELAND 4 ton at ¢ velan f 4 very $ + ve av alley ) are fur ‘ ept f a silvery ir rates average ‘a sw arge: $ from Jacksor i) Ri gha >” > PHILADELPHIA 4 Ferrotungst n, less carloads.. $1 rrochromium, 4 to 6% earbon F gross ton at Philadelphia and up, 65 to 70% Cr., per Ib Pa. No. 2 : . $13.59 to $14.09 ontained Cr. delivered, in ecar- Pa. No. 2X 14.09 to 14.59 loads ... tees ee eereenes 10.0 Pa No. 1X... 14.59 to 15.09 Ferrochromium, 2% car (del’d east. Pa.) 13.50 to 14.0% bon pescesonceseres 17.00c to 17.5 14.74to 18.04 Ferrochromium, 1% car- ww phos. (f.0.t bon .. eee ‘ 19.00¢ to 20.0 Pa f Ferrochromium, 0.10% carbon 23.50 r’g low phos Ferrochromium 0.06% f ace 00 t ) carbon .. -25.0 to 27.00 2 ; 21.79 Ferrovanadium, del., per ox 22. 29 lb. contained Va...... $3.05 to $3.8 Ferrocarbontitanium, 15 except as specified otherwise, to 18%, per net ton iv'd Philadelphia Freight rates f.o.b furnace in car- $1.79 from eastern Pennsylvania , loads Sseeececssssses - 160.0 $4.67 from Virginis furnaces. Ferrophosphorus, electric, er blast furnace material, in carloads 18%, Rockdale, $ —_ ° base per gross ton with $2 unitage..... 50.00 > BIRMINGHAM * Ferrophosphorus, electric, 24% gross ton, f.0.b. Birmingham dist f.o.b. Anniston, Ala., per gross ton with $2.75 unitage vous 65.00 ty 75 to 2.25 ail $11.00 Ferromolybdenum, per lb. Mo., del. 95¢ ft. 2.25 to 2.75 sil.. . 11.8 Calcium molybdate, per ib Mo., 11.00 del .° eee ~ 80¢ Silico spiegel, per ton, f.0.b. fur- nace, car lots s ron lots or less, per ton 41 > CANADA * Silico-manganese, gross ton, deliv- ered — = 2.50% carbon grade . 90.00 Delivered Toronto 2% carbon grade 95.6 ly., sil. 2.25 to 3.76 5 1% carbon grade .- 105.06 sil. 1.75 to 2.25 Spot { $5 a ton higher e Ores Delivered Montreal Lake Supertor Ores, Delicered Lower . 1. 6 on 0 Lake Ports : : i. 4