Opening Pages
hy] |THE IRON AGE ... becnber 2199 J H VAN DEVENTER Editor I J. WINTERS I F. Cong ROM, CONTENTS Technocracy’s Challenge Low Plymouth Costs from Rehabilitation Effecting Employment Stabilization Conveyors in Modern Brass Foundry Putting the Question Mark to Work Liquid Baths for Heat Treating Facts and Threats of Technocracy Business in Its Larger Aspects New Equipment News Automotive Industry Personals and Obituaries Editorials Markets Construction and Equipment Buying Products Advertised (Advertising Section ) Index to Advertisers (Advertising Section ) THE IRON AGE PUBLISHING COMPANY Division f United Rusiness Publishers Ine PUBLICATION OFFICI Vv. EXECUTIVE OFFICES IDDRESS ALI MVMUN iJ Published every Thursday United States and | *ossessions Canada, $8.50 ] THE IRON AGE DECEMBER 22, 1932 Page 10 ulting men to work. °° _AL Ntatement of Policy | |) \1 M LCI VORK—that is the paramount vith your company and with ours. The R rtson Rehabilitation Plan provides ustrv must provide the means. lurret Lathes. We have a substantial (nese hinishned and 1N Stock, Nevertheless. lathe purchased from us we will put work immediately building a new one of equiv rder TO INCREAS EMPLOYMENT By this pr…
hy] |THE IRON AGE ... becnber 2199 J H VAN DEVENTER Editor I J. WINTERS I F. Cong ROM, CONTENTS Technocracy’s Challenge Low Plymouth Costs from Rehabilitation Effecting Employment Stabilization Conveyors in Modern Brass Foundry Putting the Question Mark to Work Liquid Baths for Heat Treating Facts and Threats of Technocracy Business in Its Larger Aspects New Equipment News Automotive Industry Personals and Obituaries Editorials Markets Construction and Equipment Buying Products Advertised (Advertising Section ) Index to Advertisers (Advertising Section ) THE IRON AGE PUBLISHING COMPANY Division f United Rusiness Publishers Ine PUBLICATION OFFICI Vv. EXECUTIVE OFFICES IDDRESS ALI MVMUN iJ Published every Thursday United States and | *ossessions Canada, $8.50 ] THE IRON AGE DECEMBER 22, 1932 Page 10 ulting men to work. °° _AL Ntatement of Policy | |) \1 M LCI VORK—that is the paramount vith your company and with ours. The R rtson Rehabilitation Plan provides ustrv must provide the means. lurret Lathes. We have a substantial (nese hinishned and 1N Stock, Nevertheless. lathe purchased from us we will put work immediately building a new one of equiv rder TO INCREAS EMPLOYMENT By this process you provide work not only for some . ' - a 1 ] “Ty j rem|] vees, but for those of SHOps and Milis whose Recovery gagemands coope ration 1 lustry as neve! before. if vou are really NTERESTED IN PUT MEN Te Mi RK here 1s the wavy t » accomplish it. IHE WARNER & SWASEY CoMPANy The Warner & S rasey Company, Cleveland, Ohio, U. S. A ..THE IRON AGE.. DECEMBER 22, 1932 ESTABLISHED 185 V N Technocracy's Challenge LLEN RAYMOND, in the N He ] mM] t meaningle ntif rgol e of Dec. 15, gives us tl ' y interest nas presented a mulitl L¢ { alarming ing sidelights on the record of “Doctor” Howard ( t has withheld supporting fact The un ott, chief apostle of Technocracy, whose publicity in prote ‘ evidence le part duction included the Im p< ng tit engines nad i a ecnnocrat But I Keepin technician of the Muscle Shoals project.’ Ul ( n trad ns o! it Ul According to Mr. Raymond, wl nas ¢ dently mad { { ratner pitil ommenta n hun thorough search tor tacts Scott not ; ~ adoctol ! [ l vi iid De aughnhable te th rik t tr large ee ony tee poem delivered and are represe! yeration and equally unprofessional concealmée ~ method of obtaining data and of arriving a nelu hese technocratic shi Dec. i ] + + + ‘ » med tT sr lid not pre ey | ) , re iat) int +} ‘ | ; yporting facts, providing Techno has the pb, it v ight elsewhere | i Willing to present then The n U na yr DIOV n r ‘ , { » public credibility in Technocra ( ; ' ; [ I ) ( pron ‘ r r<¢ ry + ; ] tad , . ; . y ‘ Rehabilitation Savings Establish rYNHE hin ftet irfacc ough and 1 wheel, under the second wheel, and | : ey 4, about | n. being re under the caliper controlling it ; taken out and placed Wheels are 18 in. in diameter, open ng station, locating on ating at 1160 r.p.m. Each caliper rund irface and controls the feed of the grinding 1 o} ga matical]: amped by being wheel, compensating for variations i: 1 with special fixtures for ed under two blocks having a tock for wheel wear. The caliper l rator put ! nd angle. The pin end is su are so sensitive that variations in ring The opposite work thickness are corrected befo1 nN} rh and finish grout reaching the working limits and 1 emoved rods need be returned for regrinding 4 stat ind t Undersize work is impossible, as th Fig. 1 aliper operates only on increases : thickness and the down feed of tl aie grinding wheel remains locked unt the caliper causes it to function. inder the t wheel, unde The joint face of the connecting rod vhicl nt that and cap is ground on a Blanchard sur face grinder similar to the one just described, except for special fixture as shown in Fig. 2. The rod is placed vertically on a fixture over the already drilled and reamed connecting rod bolt holes and is further located by an FIG. 3 automatic moving pin locating the work from the wrist pin hole. This insures the maintenance of an accu- rate dimension from the wrist pin hole to the joint face. The work then is clamped by an automatic clamp. The cap is located in the machine from th: bolt holes and is automatically clamped. The two grinding operations remove about 0.015 in. of stock and FIG. 1 production totals 750 surfaces per hr 952—The Iron Age, December 22, 1932 rrr By BURNHAM FINNEY Low Plymouth Costs et Ee an A N the Dec. 8 issue of THE ed ca that nin Fig 1aximum " IRON AGE, under this title, eral vithout changit ved t eration is 7 was published an article describ- ip on any one of four ca v 015 in, and production averages 240 “s ing a number of the operations in seep: Mareen as pet Re oe Se the the making of the new Chrysler pela yes << ‘ an a, re hn anna be , ee 99 _ . . Hardened ste »} ne A plot vaive controis the main pw 1 Plymouth. Considerable _in- Sa Sciam ceohatia a - reversal valve and the stroke leneth. terest exists in the mechanical cabiiaiiniiee Ghimais: aa tae a Another valve near the machine’s top world in this subject because of aihial dah ty aaa tamale: nt tch which ves the the extensive modernization pro- rm one unit. The er => all ning ndl e pilot gram which was effected in the fset and 1 cent un automat inting mech- ; Plymouth production line for the grinding wheel speed Lt functioning o1 top rod and purpose of obtaining improved n L also quality at lower cost. The de- durceisin 7 2 em ms ng at the top | scription is continued on the ac- = : e1 troke after the required companying pages. = a ' ; — rankpi! 2 | re l ’ I A} \ ra I ! ripp ng e vvyv Bia Hee the t machine, = proca honing ma the rot he spindle i al The contact face of cast i unt ng caps and the locating fit of th tic” mnecting rod xt ted again by tne ever ap to the cylinder block are b a double vertical slide machine, shown in Fig. 3. Each vorking reciprocally with the arries a broach holder. The \ ed into an air-operated fixture: fixture is designed ‘ - ot ten mmr amen a mame ee \e FB . CRN eee ee = os . _ the ‘his >cu- hole n is The th ally ions and FIG. 4 FIG. 5 The Iron Age, December 22, 1932—953 How Bethlehem Steel Has Effected| nd to undermine he tended duration. For example, ffectivens the lar The m normal times if one department 4 ee the necessity and hut down for two or three week a which affect because of a temporary slack reas a partial adoption of orders, it would not be sound pra : W iggests tl tice to revise the work sheets of othe nits of an organization to care hat brief lull. In normal times tl Developments in Stabilization rular emplovee has reason to ex rng a : a ' Program pect a full day’s work or a full weel } . rk when sucn employment IS ava os ; ae a, aad able It would be upsetting to mora ae ae eRe te to have the working hours continuou : % eat evised by a shared-work princi ¥ . hich peal In 1 f ormal conditions, I I ! 1921 my tne leed. I short-period rece I l ena areiu ‘ é ten ry suspensio1 princl] nn Our president ha vithin limits, is probably sour arcade nt and parti Whe ondit n nermit, ++ G pl I At f Beth ib] er to have a large proport eveiopmel He ha n tact f the working population employe W t n t ercise tl} m at full wages than to try to spread cont U pt ni t] payroll it in order to carry ! Ul naugura I il ) ! T I mpna ze tl pecau . . ; In a period such as we have beer int benefits wi! n nay y . : <periencing, however, where large i n¢ tne Line . . . isses of the population would be out n advance work except for a distributed em- : nal rh ( nent policy—far larger masses existing ituatior han is the case today—the necessity I In our progra ring for one’s regular working 1d ( é s is inescapable, | nediate ituation appeal ngly tO? the reemployn ent Distributed employment tho now out f work. When me! Extension of credit tart back to work the backbone Emergency employment Made work depression will have been brol 4 Emplovee garden : . ; ry rae Of course, the company which ha | ‘ peration with community relet : : : = , +. ere ad the work-sharing plan in effe annat ly snich + - } lnoine thi ' Dismissal wage ann a mucn toward reaucing | - — P +} i LO ] ro. + l¢ e ‘ Advancement of pensions in special irmy of the unemployed It has a ady done this by the retention irplus employees. However, con ¢ ip TO a 7 : . panies which today have abno1 ifications under the varying Sse ae : forces working full time can mate O : rially aid the situation by inaugu ' rating such a plan, as this would \] A pay! i ad De . . a ay : require the reinstatement of laid- 2 a ed, in line with decreased bu ' employees. i but all have shared what e1 moe d the \ ’ ment there wa n order that a The principle of shared-work in a © tence might be maintained for crisis such as this is comparable , , ixximum num f effective the practice of civilized peoples in ployee famine situation. If there is but a dv rt tir O alaried forces have been it limited amount of food to go around hedules.”’ ided in the part-time schedul no one would suggest feeding tw : so , . eae a = - Our executive: staff on a salarv and hirds of the distressed people full y neent | s of ympensation has and letting the other third starve. idoptk to a ia ontributed proportionately more thar The available food is rationed. That ; cc iny other group is what we are now doing with wor! sii: Siiataiaichimale Wen iia © tall | i because there is a famine in work t we adopted 1 \pplication of Distributed Employ- and work is basic to obtaining the si hi aaa ffecti: er ment necessities of life. rporati al ortant haring available work among reg It seems to me that this policy There is always a en ular employees applicable, in ow sounder in the long run than any eel pinion, only when it becomes clea plan which contemplated the dole, n : i F eX matter what the dole may be called 954 The Iron Age. December 22. 1932 By J. M. LARKIN Assistant to the President ed Employment Stabilization zm Pad any a tn Me N enlightened attitude on the part of management and employees n and if an adju has enabled | ry ne las enabiec arge employers to Keep their trained organizations ; : 1 ‘ 1e1 QT intact, provide at least a subsistence wage for nearly all and con a 1 sense of fa , tribute a new phase to industrial history, declared J. M. Larkin of the rtant and they makn every . ¥ . a I ‘ t i Bethlehem Steel Corpn. in an address on employment stabilization ga : before the Industrial Relations Conference at Princeton University. : " d ’ a ‘ ’ N . This development is “not something that suddenly sprang into life te it the daily working ‘ . . %9 ee TI nrtenar ‘ na rer during this depression,” he said, “but is the culmination of a decade of Maintenance and confidence building. It is the fruit of employee representation and all ie eee clea I those agencies for human betterment that were envisioned as necessars ' 1 me of the \ to a new industrial order by a few of the leaders of industry a dozen where the three 5-! 9 eT lp] inted DY a I ir ¢t years ago. 7 rwvT ww Needy Cases Considered i ‘ : ‘ ‘ : 1 \ I ibl mi! é g er ened | t VY I i i ‘ y fastening ‘ r ' r I : eT r} id 4 t ' y y ’ it T r A a I é sins | i Details of the Plan ' ‘ employn il lr é ! ir I t : i ave A I a ‘ x iT imaZzing eft emi I i t ild be giver Oo I , ; i tl « pr s I . ' ‘ y eff The é } i ' e th, . Limitations of Distributed Work Each plant manag ’ ed ‘ ‘ ery _ l } ‘ iT I > x no mself vitt £ ‘ ec! nan equitable dist I I ha ‘ th rl i mplist ‘ : rat T f i Ss ii pa i I K . 1) period This re ly ¢ : iemonst up the high and low earnir eartl whave 4 rion nt ™ : wreat each individual on the payrol . € work are t ( ! Ever ery department the in na na , é tf tr n wed out equitably and } : bl. f ye! VOrKing ( Ir e electrical divisior ’ ya ul r Vag ample, the repairmen who had 1 the dey tment a nth in adval t I wish to emphasize that it ha rk of their own for a period we hea hedul lividing the w epresented far more in total dollar the force of control switcl enly are posted o1 alle t] would obtain under any form of ird operators, sharing the worl oard that every man 1 ( ployment insurance and carrie he latter. In this way all were abl himself not only the nu f da th it no stigma. The very fact that e perhaps three days’ wo1 ’ v A in has a job, even though on a nstead of half fo1 r he ' time basis, has spared him fron ployed full time vhict tted ( ed uragement of being wt ' — : } : ] ployment I macnine SI | [ f a : : . s har iad hy 1 21 1 Ss y +} 1irness f he i y ear stage +} ae presenting many skilled crafts that er r he ate t if ve ha he | that the d : a. dat ohelie: tbeioain a hed thee @ adie: ee ‘ld ration of shared i J r of t perinte? Continued on Advertising Page 14 The Iron (ge. December 22. 1932—955 see oe an ae a eersear - Pati a Eiger ea onveyors Used for Handling All Material Through a Modern Brass Foundry OLDING machines modern g are ‘ ted in ¥ 210° n straight side of the n these machines are se overhead sand hopp structural steel framew sonditioned molding sa conveyor atiove this hopp ti is plowed off into the various hoppers required As ea mold piaces t cn ~ step beh C wh Known e s th se veyoOr and which is operated at a c stant speed, carries the molds throug! pouring zone, a cooling zone and fina to the shake-out station. An interesting feature in connection with the supply f sand to these molders is the floor grat which surrounds each molding machine This grating collects the strike-off san r any loose sand which might otherwise collect. The complete absence of sand around the molders’ feet is in marked contrast to conditions in some foundries Sand which drops through the floor grat ng returns with the other sand to the re onditioning plant cid +} +f y ‘ + + y “A r € + ¢ 7 y + ‘ ‘ + + ++ + > r ‘ + * vey - ‘ 7 ‘ ‘ ¢ ny H @ ie k ‘ + , + +} < v¥ € eve ss ¢ y + ¢ ¢ 5 +¢ + ™ + ‘ ¢ af ‘ Tie han * y the + + the f sina tes e ct ah 4 ‘ ¢ €+ ‘ 956- The Iron ize, December 22. 1932 l 3 Pennsylvania Railroad, instead of selling the miscellaneous brass scrap which accu- mulates at all points of the system, decided to equip a highly mechanized modern brass | foundry and utilize this scrap as raw material for the production of its large requirements of | new brass castings. Accordingly at South Altoona, Pa., it equipped a foundry with one of the country’s most complete material handling systems used in the production of brass castings. The accompanying photographs and captions describe some of the many elaborate and |! unusual material handling devices. The operation of the foundry is continuous, the molds being poured on moving conveyors from which the castings are continually delivered to a further conveyor while the used sand on still another conveyor is returned to the recondition ing equipment. The complete installation of handling equipment was made by the Jeffreys J Mfg. Co., Columbus, Ohio. at a cost of about $40,001 esig ar y y s 5 st y of ¢ sa rwis sa : rive ie age = a a ark The fact that the convey forms r s “ o drie mplete circle makes it we suited f grat grat ting bec e work wi s t selecte ie € + n é + a e+ . . , ¥ we v¥ iS 4 + + t t s r y t C fl and the Dy mer standing on a circular rev ving - ‘ ry 7 5 n 4 th ¢ f t whose speed ies w he , speed f the conveyor The adie BS 6uUft rted fror ar vernhead ular n y “w ch may be set tot ve at this . Ye speed or released t give the adie free motion as desired After pouring, the ds pass nm through the cooling zone which has been carefully arranged to give sufficient length of time between the po is yone and the shake-oc yt te permit the : 5 jifying of any type of casting which mioaht be er ntered gnt The Iron Age. December 22, 1932—957 Pe ' Putting the Question Mark to W ork Alloy w Expansion W Republic Steel Corpn Waterproofing Concrete Tank We have le akage trouble in a ¢ rete fuel oil storage tank. Can offer some suggestions? S. M. \ GOOD crete r ’ nN} the Alliance Brass & Bronze ¢ 958 The lron Ags December 2? a sn tm WHO MAKES THINGS? wre makes Z-metal? Who make rs berylliun pper? Who sponsors th mm Z-t f Who makes Invar metal These 1 few tf the questions submit ecently and which will be answered this page in ¢ irly issues, Please address you que ns ' comment tc Forum Edit lron Age Publishing Co., 239 West 39th Street, New York City Nitrided Gray lron Castings Is there nitrided anyone now furnishing gray iron castings and if so what is the cost in comparison with standard castings? LG. C. ‘RAY iron cylinder liner Litable NH for nit? ding hay been cast u¢ v i he Janney Cylinder C esburg, Philadelphia, and exper — tal work is being conducted at the oo nt he Hunt-Spiller Co., South Ma te ‘ he problen ny i? ad ca tT y ray 1T ’ yr aliuminul Alth igh « } ! ©. Homerberg, technical director Che Nitralloy Corpn. Fuel Oil Consumption How much fuel oil should a 20-ton ypen-hearth furnace consume under normal operating conditions? a) 0 Ne} n ra ra Sun Oil Co. How to Reduce Pitting How can we reduce pitting when pickling? Schnefel Bros. ( ) R very simple, name , don’t pickle We believe th \ e metal without pitti I iny otne! urtace a the Bullard-Dunr Proc nstead of the usual pickling h latter, by its vem ire, meat that there must be som l I hing r else there is n o lir The Bullard Co. 2, 1932 "on Salvaging Car Wheels Ihe scrap pile of wheels from ou mine cars seems unduly large. i there some wav of salvaging these? Wa os" ent of d arded wheel [ the ty mentioned. The method is compar tively simple, and we are in fact ma ing a specialty of repairs in tl particular field. The flats are first built up with an electric welding process and are then reground to make the face or tread of the whee) and of the 1 contour We espe lally for tl an electrode whic! curately concentric quired diameter and have designed building-up process produces a hard facing metal having great abrasive resistance. In many cases we have reports whi h indicate that the repaired wheels when placed back n service Prive a longer life than the original whee Wilkes-Barre Welding & Machine Co io Corrosion-Resisting Alloys What is the best material to use for refrigerator tubes? \ LTHOUGH a vast amount of data 4 has been published on the cor- y Y t é f manv allov steels I rr t f a material t hstar ‘ corr ea i I i diffieu prob V ¢ te I re rigeratol ma I the lowing re investigated: 1 rt Tec } rardized Ww ¢ ppe! hel y ) m ner OY hrorn ke nron in ¢ is \ I | y()) ()t he t¢ ts n ae hich were designed to indicate th relative resistance to corrosior ictual service, the 5 per cent chromiun and others in orde1 ekel-chr er-molybdenun ron, and _ carbor teel ranked first were the 1 mium steel, cop nerardized.,. Electro Metallurgical Sales Corpn. Selecting an Oil System What oil burner system would you recommend for a reheating furnace ' in a rolling mill? . Ss Bi 7. two desirable conditions in reh¢ ating furnace are low flame velocity This by lov imping soaking heat. readily and a ac omplished pressure air and oil than by fire more stream. ng a high-velocity The Alliance Brass & Bronze Co. Liquid Baths for Heat Treating — High- I emperature Salt Baths By W. PAUL EDDY ‘ hAaot ‘ AA T ; . c AA pal \M ma { tT} rT ? 5 nrst ‘ i of in mr HIS is the seventh in a seri t articles n liqu hath £ x ——————E x A W neat treating in r Tr uth y t} fake up high-tem; t ait whi baths, supplemented [f few avine paragraphs on the operation of man. salt baths of all type The next licaté ( and yncluding art vil lace¢ devoted to bath furn ind f perature measuremet! Previous articles have n id e Co those on oil and lead baths in THE - IRON AGE of Sept n nide ' in the issue of Se pf nd n () ind ¢ i of Work salt baths in genera 1 that f Sept 29. on low temperature tures in the issue for O ‘as medium - temperatur nixtur aqaata ; ' Lf first portion) in that f Nov cor- ] ie with the second portion in th ee] ssSut *f Dec e' 1] ue Je C "wy rittin Acti 1 Stee " 1 lT ily rd n t a T iy nee coe ' i dual ris¢ n the Heatir ira t { r y S y A n. ° ' you 1aceé re $. i ny y ‘ 0. y ; ‘ on A f n Page 18 lhe Iron December 22. 1932 959 ige The Facts and Threats of T \ T ) Ly ' 6 { M re } ; ( War ‘ ver } ’ Y ’ . a T AY rniy I in 1" eme Tt I \ ne ¢ Y T ne or" od a ' 1 ? r } r nN é n iy le \ I ther { ( iIsit \ ib I re \ lliger zr j .eT r who fi re } nye at é vith mucl I aata sib In the t ri latest I ction f ect ha rect racy apparently I ed ( ( de r pre neti Certai no sufficient ita x ( netl of arriving ons has been given to war rant our accepting such dogmatic statements as that “the price system doomed. No worthwhile engineer, statistician 960—The Iron Age, December 22, 1932 K¢« r rT ical cor l ¢ ‘ +} it bu é ! ¢ re ¢ illy fair-minded Ir I oc? in t ) { T T ’ 1 TY € I er tnal aence t I ngineerlr S14 | f glarir i ita earring n \\ VW Pari il ele ( » similar ter] releast { | irdll HOSE interested in obtaining an answer to the question: “‘Is the Machine Responsible for Un employment?” are referred to the following bibliography of articles appearing in The Iron Age on this and closely related subjects dur ing the past two years. That of luly 9, 1931, entitled “Here Are Some Facts,’ was a complete ref utation of the entire Technocratic conclusion of accumulative tech- nological unemployment. It was the first analysis, we believe, of employment statistics on the ra- tional density basis of ‘number employed per 1000 population.” Machinery Needs a Friend Mar. 12, 1931, page 845 Among the Robots Mar. 12, 1931, page 847 One Word Costs Billions Apr. 9, 1931, page 1165 How to Win This War Apr. 16, 1931, page 1287 Idle Money, Idle Men May 28, 1931, page 1767 Let's Go Back to Arithmetic June 11, 1931, page 1884 Price Versus Cost June 4, 1931, page 1845 Here Are Some Facts July 9, 1931, page 121 Dat Ole Debbil Machinery Oct. 8, 1931, page 923 The Machine Has Been Libeled Dec. 24, 1931, page 1605 What Must We Do to the Machine? Mar. 10, 1932, page 595 Plain Talk About Technocracy Dec. 1, 1932, page 849 echnocracy Technocracy and in the statements of Dr. Scott, Technocra y's mentor. Tuirp: The serious error involved i. fair, unbiased pres¢ ntation of facts in the attempt to convert theoretical representations of attain- } iis Y ble practicalities and the statistical rror of ibstituting inadequate impling” for unobtainable overall FouRTH: And isk na { ! } ? roel ( be aie ed DY r pi nt kn inventory ve irce I will deal with these in order Lit was known, at | t to the general public, about Technocracy un til the article ““‘What Is Technocracy ?” ippeared in the November number of the Ni Outloo It is true that a bulletin or two had previously ap- peared addressed to restricted lists ind outlining the purposes of the or- ganization and that articles by Dr. Seott had appeared on this subject in he Living Age and perhaps elsewhere. Recognized statistical bodies and yublications such as THE IRON AGE of course known of the work be- ne done and had made attempts to it about it. I am informed that ‘these organizations have been \ o make more than a cursory <amination of data or methods. THE IRON AGE, some several months ago, wrote to Dr. Scott requesting the re- port of the organization on its work to date, but was informed through its “Public Relations Counsel” that no report was available. The cleverly written and quite sensa- tional article in the Outlook was there- fore the first broad public announce- ment of Technocracy. So far as I am aware, no recognized statistical, engi- neering body or organization of economists were asked to examine, criticise or substantiate either data or conclusions before the publication in the New Outlook. If Technocracy attempts to stand ipon its presentation to the public in the New O tlook, pery footing. I venture the predic- tion that author and article will be disowned. However, in view of the contrast between the freedom with which the young author speaks for and about Technocracy, and the obstacles placed before recognized engineering and statistical bodies who have sought to examine Technocracy’s data, the disclaimer may not be easily made. it will be upon slip- Some of you are aware, as I am, | Or- Dr. ‘t in ere, and AGE be- 3 to that een orv HI EPRINTED in the daily newspapers from coast to coast, the article “Plain Talk About Technocracy” in The Iron Age of Dec. 1, has un- doubtedly caused more comment than any other pronouncement in this publication in many years. Proving, as it did, the vulnerability of Tech nocracy’s data and methods, it formed the spear head for the ensuing rebuttal from many quarters, which has effectively squelched the bogey man of technological disaster. The accompanying amplification and extension of this rebuttal, repre senting an abstract of Mr. Van Deventer’s remarks before the Conference of Statisticians in Industry, at The National Industrial Conference Board Dec. 13. It may be of some significance to our readers to know that Tech nocracy was urged to present its side of the case at the same time befor this important group of recognized statistical authorities, but failed t accept the invitation. It might be surmised from this that Technocracy is more interested in presenting its assertions to the layman than its proofs to experts. Ie , } Y ? WW the « : ’ ’ ry t 4 fort} ; ed n iuthor N ev ] i ition regardi he } n1 cy in ver the conclu Y at é pe { I I 1 Nicho i M I ! roduced rou \ oO? I Ne () i the matnematics employed nhnocracy ire “more complex tein’s Unified Field Theory,’ t aid that there l I ma en Clal ible llo \ rea 2 t een Decause OT al hat ne major f eng iclans and e mists W t scale tli necessary he ght tna h iS racy to withhold its sup] Fortunately, however, it r res no Einstein order of mathen ability to examine som f few supposed facts which adort Out k articles and to note ‘ase, errors, fractions and intra of the truth as well as what ight be called gross exaggeration Ex-Governor Smith himself would iy, “Let’s examine the record.” quote the following statem« November Outloo/ ‘In pig iron production, one man + rking one hour can do what it took m 650 hours to accomplish 50 years 11,000,000 The Iron Age, December 22, 1932—961 600,000,000 man hours. ly 29 with a production of 58,000,000 niy 770,000,000 man- sibility f ring ac ndicated by numbers. in ere the out er w, compared ()re ithorit ea esti- average productivity Lake Superior trict i mines ranges from per yea nile the t MIM) tae 12.000 rast with Tech- firure f 20.000.” Lake Superior iron | by the Depa nt of Co erce and checked 1 f ‘ t ind snow that employee in ror ’ , n the United States 1u f I } ‘ mber rticie, and ; iro! cott One hundred men working steadily lern plants could produce all of eoretical one, y based upon a statement made elsewhere in the article that a modern, continuous, straight line brick plant will produce 400,000 bricks per man per day. ‘ Soeptt) pioded Ye Wh é Qua 1+ nw t) ery ( ? rone two l ; y } Lid T Y +} it ha any t y ind cannot ¢ a i a iX OI! can De ind | int! put red i T ‘ ) ) i | Manufacturers Say ' ) ( I cture!l f D 6 re } irb } } 4 f i W hil edge I | ‘ a ‘ ‘ ( i) } nu- eT it¢é \\ | 4 ; res nera y | t } ( P Wi] ’ ¢ ra ? 1¢ the Oui 1 I ry D¢ made I ? ’ } i 1 ' i not cor é lent fr Bulletir y ’ ] vy? American Valuation tor Imports Subject of Hearing on Jan. 20 British Steel Output Gains, Pig lron Off he Iron Age, December 22, 1932 addition of guide rolls. The speed of the pulleys is 4500 r.p.m. A _ high frequency cup wheel grinder for gii-cding weld seams, and for surfac- rge castings, as well as for ding dies and flat metal, is al by company. Rotary Displacement Pump of Novel Design | ae oe type of rotary displac ment pump illustrated in tl photographs can run at speeds her ‘ore considered impracticabl displacement pump Power is applied to a central « power rotor. This meshes with r more sealing rotors of such forn that they are propelled largely b fluid pressure, with a minimum Magnetic Uncoiler for Strip Steel echanical contact. This action 1 c I l ‘ < . : . : A ‘ ‘ { t from the shape of the thread those of the power rotor being < ‘ » WI ile thi se of the idler rotor ars I ag aoe . : neave. This tooth form, which re ( i ; patented, accomplish¢ ealing ‘ ! veep ! : 3 , fectively that numerous turns of the : I A pen re : ; 2 thread around the rotor, as found l ? rs, whi mmon crew pumps, are not re ed ind mmer! : : } } | n 1] juired in order to keep slippage té cu ‘ l ) ea . a , +) } t} 1 small value. Efficiencies of 80 to 90 idit it { { : per cent have been obtained on tests. 1 Vin ( Lie non t i rollers of the magnetic ur The velocity of the liquid through as the first coil rol the pump is low and without trapping 7" b can be of liquid in tooth pockets. Largely mmediately after the last because of this, the pump operates “< ippeal into the mil The quietly at the higher motor speeds, ' d perated and even at turbine speeds. There are only three moving parts, ind except for small thrust button he relative axial pos yns of the rotors, no separate beat maintain t ngs are used, nor are pilot gears r« Bell Sander with Single " It Saas i ade mg . quired Only one stuffing box i ww ispenaed ovel he work igh-Frequency Motor one | Vise: sania Ses Sees dairies We U | ee ; canner air cooled by con the De Laval Steam Turbine Co Se Re eee aoe . d air, which prevents entrance l'renton, N. J., and are known as D« : a eee dust or grit into the motor. Com Laval-IMO pumps.. They are avail — ron ed air is used to obtain automa able in capacities ranging from % t , , = tension Use of a ller is 700 gal. per min., and for pressure ae '; to make possible application of ip to 500 lb. per sq. in. Pumps for . fractured al rasive belt er al higher pressures and capacities can leather belt Canvas-coated be supplied 964 The Iron Age. December 22. }932 a - l LL G Millis Li Portable Machine Cuts and Bevels Pipe itiintie (ave tis uniform f 3; during varia n ntervals. al ’ e hois wa nit y Robbins YORTABLE equipment for cutting ft } aa Pipa ; & Myers, Inc., Springfield, Ohi An aiitu a ‘ - ‘ ‘ a’ i I , nol. Foy voeldine I 4 y ‘ tir I rated & VW RAMA dae nitro! nment red } f +} \ir ] re equipmer! i red ( 60 Ea Bias r speeds by means aint New Yor I ! cut i \ ‘ in y | ? 1Sé ? i n = ( raivanl : 7 ’ rom 4 to 3( WUEE ’ it 1 y : , f 19 t As t ind also y 1 f the t inte: iter end it) -_ 2 T YY } ts. Hoist U T , th from that ‘o> . . 2 Lowers Hoist Under | ime sien folie’ rhe left y f | ng d S ad ibinet houss { yvele timer ol an pee Contro ar ¢] sk ona Ole il FIA : ne ntact , obese . ds V ting ntactors and resistance | i ar square I st , : i ; und are free fro bur! f L | nil ! the lowering Dutton, a ' ale u1zes 11 ture of Zir ting and a p button. The hoist- . actuate a reversing con ‘ \ Y re} enw I , ’ : ‘ +} \ireo ; , ‘ I * ] i r rive single high ‘ i : na ni i een j | Y ' i e cy ey ' eT g } ‘ [ ' ; A gl , 1 a ¥ i 4 ‘ ‘ rt T ‘ tir y< ( irri i rank-driver a I oa ra Y y t nd ns anotne? ry id The ' ind a DracKe a ry t t l i top the motor i iene {¢ T ne ret ‘ ) ald i bony ! } direct r ase of emer- l neid agains n pipe | : : y \ 1 r Al r chain whicl rrou! : ; ' ; while ‘ wering cycle is and engages the pl ‘ r or? ry } t ’ rie ry Ccnan ré ! [he sprocket ippor F esets itseil | { I na r f rings and when rotated by th : pe tarting position and is ready again al crank, it develoy ufficie : "s & I — k tnt gen il ycie i tne w ' il grip to rotate the pl] vne ; tter f ‘ ng buttor presse The extra i r ree Oo rT i he machi aie: lenin til , pace irate reu i ‘ i g f é lock t sufficient ne ] ng tore! ] 1djusta ait nar 1 y et tft al angle ! (Tor ( no tt }1ua , net 7 1 le ena > % ‘ form ¢ more i ‘ . I f and ! Is adjustable ; I Tt ne ad ner r r née : ’ ( | - Y ry n heve for ‘ if t and Crane lag lt ing ) r } the ning 5 et up the machine + proximate length required, and t! uo ' ¢ OL ‘ I ther linked t gethe 5 Next, the fo ‘ i: ‘ n is tensioned by compressing tl ‘ ngs that support the spr | The lron Age, December 22, 1932—965 cp ee eee Malleable Founders Discuss Price seine Stabilization and Rate Setting = more active buyers Page A s New Uses for Malleable Iro Should Be Found Reading Brings Out | New Bar Iron | ( ‘ Readi Steel Corporation To | Consolidate Warehouses United States Steel Corpn. |} dug | ] S Wa e ( l ! pera Carnegie Steel ¢ | Illinois-Seully § ( ibly l’redict More Extensive Use ol ition ¢ the Ste. CC Malleable Iron by Railroads ew M Hegs now president of TIllino Balancing the Budget Supersedes War Debts as a Major Problem BY DR. LIONEL D. EDIE ..PERSONALS... 966 The Iron December >] >» 1932 ee y ° ee ; ee . ’ . ee ‘ ee ( ? VT T ’ J Vii rer n January | ire G. L. HAWN, THOM REDMOND, BERNARD J. RIORDAN, J M. RrorDAN and Mr. CAMPBELI R. F. C. Loan for Chicago Water Pumping Station WASHINGTON, De 20 App tel 000 tons of cast-iron pipe w be required tora new pumping stat Chicago, for which th Ree truction Finance Corporation has ay roved a loan of $2,327,000. The pr t al will call for materials f ling 50,000,000-gal. capac perated centrifugal pumps and cl rination equipment. Work wil tarted Jan 38. The Finance Cor n also announced a in 555, I vari N J r ti n ct rial Bethlehem Shipbuilding Low on U. S. Cruiser \ ASH ro i) U i 4 ‘ ng { rpl is W l ) er ig Iron ! The lo i ( on at the Nor \ ‘avy Yard was made | ‘ ntracting Co. The cai & ¢ ( l Minnea} vest ipp!ementary for th ‘ Stores, Balti } ‘ } } a 1400 tor For a building witl y ay lowe } ‘ re 1 t Sine] & Gr El Capitan Dam Will Need 15,000 Tons of Pipe ASHINGTON, Dec. 20. \ nately 15,000 tons of cast € W 1] be 1 of El Capitan dam, for whicl required ior <¢ teconstruction Finance n has approved a loan of $2,3 San Diego, Ca The project con- the dam, 25 miles of pipe lin ind a filter plant. Six miles of th ne will consist of 48-in., and tw les of 6-1n pipe Another self- iquidating loan, amounting to $22,00 vas made to Tyboo Water Work Savannah Beach, Cal. It will be for the purchase of appr tely 300 tons of cast iron pipe an 1 100,000-gal. elevated tank. nary construction budget for 1933 al $12,474,753 for public utility anit in the system, according O’Brien, president of the ympany. n Ty 1 TT 1 rl, WA), we Automobile Production Rises Sharply; Ford and Chevrolet Purchase Steel iy A te he Great Lakes ste ( g ETROII ‘ is t perating at 100 per I ell capacity. \ Ford has purchased | ; iia Ae 10.000 bodies \ il | D Chevrolet has tough At least it car 10,000 cars. Fisher Box rnre ‘ i T +f ? y ‘ ‘ ‘ i tie . sheets for its Cl i pected 110.000 i , week wrwy ’ -?, Pp | ut , i s ( at 100 Nn ' ) } g i Hanna Fu me ( i al y | ly a lor a ipl i | ] e | i « i y rey nat I at La ir | capacity M iS we 1 Great La ‘ ’ t ¢ ’ a at t . + ss > . B Vi . ~ Ford Buys Steel for 40.000 Bodies Chevrolet »uyvS ore I | I Mo I ( 1 f first 40,000 W line, which a [ mad Briggs Mfg. Co. and Mur pn. Of this amount, enougl ts Cli und ‘ 9 for 10,000 bodies I ered immediately. It is belie r ( Y h er¢ ‘ ’ ’ ige. December 22, 1932—969 ... OBITUARY ... Boatload of Scrap Goes to Detroit From Milwaukee 1400 lb Brew ery Places Order For Steel Tanks iward ee el \ ¢ ‘| f © ¢ EDITORIAL Wages Made W by Markets COMMENT « » The Sales Opportunity p r - a OT 5 dq 3) Car Loadings | Reassuring The Iron Age, December 22, 1932—971 Steel Prices Lower aS Export Demand Declines Inquiry for British Steel Improving—English Pig Iron Activity Is Maintained Continental L St. Paul Public Market Will Take Steel R Pittsburgh Bar Iron Plant To Be Scrapped il I { 3 urge Forg rtf Side, P I irchased 5 I I ( & M ii ( aa burg! ir \ I i I pmen N Sheet Sales Declined either sol [ 1s used ma hiner; on , ken up scrap. Tl vor! Sharply in November built in 1864, and the present « , pany was incorporated in 1867 I ; na il capac 5,01 I i 1 scrap i and és hed I lle re 1a ars ly a us e and bi ( ngir ind stavbolt iron, screw pike Sy eavy mari! and macnine torgings, _ , ] : » axles, Crank hafts Octobe | shipments Electric Hoist Manufacturers Asso al n report that tne n eae ordered during November v 3 per cent as compared wit}! 972 The Iron Age, December 22, 1932 ssn esses SUMMARY OF THE WEEK’S BUSINESS Steel Output Declines Further; Sharper Drop Expected Next Week Ingot Production at 14 Per Cent—Some Steel Producing Units and Many Consuming Plants Will Shut Down During Holiday Period i: ail sams | Comparison of Prices a2 a2 t Prices at Date, and One Week, One Month and One Year Previous Over Past Week in Heavy Type, Declines in Italics Finished St | did Material t< ke. Connellsville Metals 22a lhe iron Age Composite Prices a2 aa Finishes 1 Ste i Pig | Hien Low l10Hn Low # id The Iron Age. December 22, 1932 ~ Steel Scrap Low $6.42, July 8.50, Dec 11.25, Dec 14.08, De 13.08, July 13.08, Nov — er —— ——_— ues - Semi-Finished § Rails and Track Accessori teel Nuts and Rivets Plate id Sha Tubular Goods Pittsburgh Steel Orders Affected by Year-End Business Inactivity The Iron Age, December 22, 1932—9; eer ok Pi on meet Strit Stee! Coke and Coal Q7 0 The Tron ve ize. December ae. 1932 neavy meiting steel al SS.0U, price could hardly be duplicated o1 ni i Under the circumstan¢ ( rket remains unchanged f1 i veek on pra ally all Dealers are ng $6.25 or ! ! or m nit i Specialt il jul n A f th rations in { lries in tl I Pittsburgh- Valley Mills Want Lower Rates to Detroit- Toledo Petition Railroads for Reductions on Shipments to Automobile Territory to Meet Water Competition ) Li P £ \ <a ‘ ( ‘ ! < let ) ’ | } 0 y ) «<A Ul VU ! a a ! a 4 ( suff: al } I > >4 a tor ‘ ! ne { tale B ( elal - O Ca ! ne mat | Detroit-Tole errito1 tl Pittsburg! nd Vall made effo1 t ret ‘ t marke roug! ! I but he stead nr i Ww reach ? ( ( n « rgh-Va i a ra rate De ( enal ' nr mee t} t compne tne De y , ich rates to be 1 lestina points whi be reached by water. A tive t establishment of I ra wer Lake Er r a ation ft a ( Wit! VA < , ver Lake Erie po! it I I { 1 el Dli¢ t \ « Vi i re ? ) The cor n hat the proposes ild not be remunerativs d et competitive vessel and rat 1 would not tend t VI t ! ! rate structure. ! ra ire given below: lo Detroit Detroit Scrap Market Quiet; Prices Unchanged Dec. 20—There has e scrap buying the past week, but dealers hope ful of a Prices are DETROIT, bee? are pick-up li unchanged and ire believed to have touched botton mill is fail January. The local steel taking in fa The year’s final serap arrived fron yesterday to be sler foundry. onnages on contract. water shipment of Milwaukee the Chry delivered A The New Jersey Foundrymen’s As ciation held a dinner Ne wark, N. es meeting at on Dec. 15, which wa attended by 50 members. A discu n, illustrated with motion pictur vering the Brackelsberg furna and production of alloy castings, was presented by Wi Don Reese, metallurgist ting Corpn., Harvey, III. —— eee Chicago Ingot Output Below IO Per Cent of Capacity 4 HICAGO, Di ingot t Santa Fe Railroad distributes orders } - 7 VA ‘ vu for 27,349 Tons of rails, Colo ’ rado mill benefiting most nat n : ndust1 Bot! ig at low hedul ! Ingot output in Chicago district t ola ¢ nmitment he pal 1 dipped below LO per cent, wit O a > 1 y 4 or 1Q) 4 . f . ) , | ‘ ae a fy Ote next week’s schedul: n rtain Vast lron Pipe é hel ed ! teria \ | ” y t T ile i y y ‘ y D Pig iron releases fron ‘ } y consi ers ire turni yward ul ( r ( ) | rwvwy | | i , ‘ i y Ja } r 1) | ‘ nN i! ‘ a l ; Vv A i \ ‘ mail light, a Wire Products sea n now is for most n nit pians 1 i Y | I 1cit avalla ‘ aS : ment the ring r , sinforcing Bars Pig Iron ne re ( I veral majo} ( 1? ! ” ee ; Bars ! Decemb« shipment ; i lg not ! Janual nly : l ie! - i ? il? pased é i ¢ , y rovement. New buying rema ' Structural Material et ndustry ovel _ _ \ we i Wit th. - : ‘ , nar t Ferroalloys ¥ Dealers ave ontract rl < scrap Plates ‘ locks, where it wv be pr ire: | | i n le ! 1 the ? ized 1 ne } r Q a a ileie “ } } 1! ind ry ne ' : Ve than juoted in ly 7 - ‘ e 4} . ‘ . Bolts, Nuts and Rivets e unprepar gt Forward contracting is 1 a ) per en ompleted. I} I a n this district are few, . r r f oni r tor { n 1! aut ymobilk manutfa aA , . . nts wil . er ers 73 yYit r Ve Rails and Track Supplies Sheets fering 2000 tons of scrap. In most The Santa Fe’s orders for a total of oma lant ? ng nstances tne railroad aq scrap 7 ‘ ‘ ¢ 4 = . 9 } y + y r fter t 3 a ,349 y rails he ) standing ‘ } a I id The Iron Age. December 22, 1932—977 6 PR PERRO TB Sag Eastern Pennsylvania Trade ie Do aoe a - r ; | Shows Further Narrowing Listless on Eve of Holiday Period—Some Capacity Will be Shut Down Next W eek ( ) Ventur | 3 Plat shapes and Bars ’ \I iti iai Alabama Production in Year-End Curtailment yi Kk J GHAM B | rt en i LO] re I r tl reé a I Wi vard | im yn D re mu } I I Tenr bank 4 r Tu Ip ae W San Francisco-Oakland | | Bridge To Go Ahead ry and one on basic. It Pp Ss > Jtte Mor in Scrap narking ti vy shipment ! I nusua 4 me Fad The Iron Age, December 22, 1932 Cleveland Production Steadied By Automobile Steel Orders * Ingot Rate Has Slipped to 26 Per Cent, But Month Business Will Almost Equal That of Novemb (° ron Ore — St. Louts Foundries Get Orders for Brew eries ww in it Tro De Sars. Plates and Sha She r ‘F Pig Iron Strip Steel Scrap The Iron Age. December 22, 1932—979 New York Steel Trade Busy on 1933 Tin Plate Contracts Business Otherwise is Extremely Dull—Deep Concessions on At tractive Plate Tonnages Disturb the Market N ) Y t Pitt [ \ I 4 Scrap New England Stocks of ; Pig Iron Very Low | a oe ae Canadian Iron and Steel Business in a Slum PPORONTO, D —General bu } y j y y ’ adial 1 ( ? Reinforcing Bar ek brought little in tl 980 The Iron Age. December 22. 1932 tnat adaditiona men ar peing it increased operations in th tomotive industry, and the Canadia Pacit Railway has reopened 1ts Cal and employ pwal S000 n Otherw 1 1 fi right I l a sh n ms oft imp! llied brat 11 Buffalo Pig Iron Trade Dull; Scrap Stagnant RB FFALO, Dec. 20.—Interest ) the pig iron market nomina inquiries are being rec n some yundir l i 1c! 1 resul fir f t} Kir Ext | ( B an q ai , I B n tl] : y S hwa gy ) wil int Sta p tal a 4 100-ton | ad on l'} f Beth hem St | pen-heart! al ven-heart Scrap i! t, I ré d il l Cincinnati Trade Acting on 1000 Tons of Pig lron Cm INNATI, Dec Z TI brough rol 00 ton +} lis Exce} 1 ing 000 f Norther? ry from a ithern Ohio consumer, no apparent interest in first i I Stock F tric I A onipme! gains ! n fair volun The ippre¢ ing Steel ul go") | } il i lrer are ta l l reg ilar vy little intere First quarter business is neglig f quotations is weak, ctions on melting steel and malle iron were the only changes in the ek. Some blast furnacs ng n ld contracts Fabricated Structural Stee! : = = i} 1 THWES Awards Decline—New Projects Total 10.500 Tons j wv 2 T ( itr} \ | + ; 4 ro ( Oo ( 0.067 * idau t N \ N Ni ) 2A00 to} RA] L\TES ; BU : Ww ORTH ‘ S71 rES » ‘ roicTrisgy ' rc NORTH ATLANTIE ATI JEW &TRUCTURAI F iN. Hi aon i { : { n N New J ‘ | Et ATI ial Pa FABRICATED PLATE ‘ I’ AWARD rH OUTH he | nd CENTRAL STATES Ver n o>} = i Reinforcing Steel Cast Iron Pipe . Ra Mic , Awards 1100 Tons—New Project County, I 3400 Tons ( Hl . 5 I “ a , ; n f Iowa » York - r \: Minn plie und A | i vi : : iukee Road \ : i ; f "y ira ( (al - ¢ k Mo Fort W Ind [ y & : Kan I W t NEW REINFORCING BAR PF City. Kar unda \ \ ef, Pipe Lines Eagle Refining ¢ as ( f Nebraska W Rurea of Supplies and Account WESTERN STATES : W County, Idaho, Ww f P R N I ird of Public Works I - cm d, Cal 1 ( ‘ ntro, Cal.. ) Ir Pp & Pipe Line Co ‘ I & n City, Ore., t Pa ! (a The Iron Age. December 22, 1932—98l Copper Export Demand Improves; Tin Advances on Higher Sterling rnt A 33 hrinkag \ ( br Unit K warel é wl ; t i nalle () 1 S} 1 ir D Lead ? } ) { { Ji ul y \ it tal } WW 9 { r? t ’ } tard . I rer wi y \ Vel T rated only 22 & / nty tec { 29.700 in Octo ry et ) Nove mb r wa pared with Zinc transact Railroad Equipment \ ling & La Hill & Suender, Inc., wwe ne aaegeaew ww t : i r E t Prices of Finished and Semi-Finished Steel, Coke, Coal, Cast lron Pipe PLATES, SHAPES SHEETS, STRIP, TIN PLATE AILS AND TRA 1 and Steel Bars ERINE F R t = k | ’ ‘I } na I Pl 2 Be ura Sha PRIN Ox« . PR (I Pr ' ib ~ Pi - cl ! Alloy Steel Bars zi Large Rivet ' Sma I e Lé€ I ,. (a ana 6S _ ; i Ee : Hot-Rolled Hoops, Bands, St : , ; 2 Flat A | , ; : ( d-R as 1 , EMI-FIR 4E TEE ! Billet and B m ‘ 8 P y oc DO ~y t . ~ iv : ; 4 t : ‘ 1 : Ghee re d Finished Bars * t Be : r } r § Sea lechar ‘ rt Sle r . a L . p! ext © The Iron Age. December 22, 1932—983 c?é reads r > ) Pig Iron, Ores, Ferroalloys ALLEY ¢ > PHILADELPHIA 4 Ferrotungs ¢ carlos . 2h Per gross ton at Philadelphia a Cr per ( r i u , ' ry ‘ r a ® BIRMINGHAM < g A r < u ge . ) B 4 \ f ‘ < c >» CANAD “ ' (jres J ’ Pp ta $ Pp asemer 50% 1 ’ he omanganese , . n-B ‘ » a I r, 61.50% tror scsemer 51 0 51.50% tror 4 O Phi I 1 KR m j releise ‘ opper free ' careeeneee t 3% iry Spanish ul Algerian ee 8c. te x ror low phos., Swedish, average 6842% iron .. . eee , Electric Ferrosilicon Iron. basic or foundry, Swedis average 65% irom ....«+-+. a ron, basic or foundry, Russian aver. 63% iron (nom.) Manganese, Caucasian, washed 52% * Manganese, African, Indian ; #4le 3 a% f 2 y vase tse es eee, : 7 3 r Manganese, Brazilian, 46 to 45% Per Net 7 5 , ones ingsten, Chinese wolframite, duty YOUR K 4 sumer ) 8) , paid . os v 1 New York , Bessemer Ferrosilicon Per G a F.o.b. Jackson County, Ohio, Furnace Tungste domestic echeclite, a Chrome 15% CreOs, crude, < f co : Atlantic seaboard 5% Chror 8% Cr2Os, c.Lf At g f lantic seaboard } — * Quotations nominal in absenc Silvery Iron Fluorspar F Jackson County, Oh Furnace > gravel f ce cy) Daw é tic 4 € g @l FFALO 4 Per Gross an enone furnace and Illinois mines $9.00 te ENGI ~INP ‘A VELA vela ’ p, 85-5, f.0.b. Kentucky 6 and ols mines ° os . : Foreign 5% calcium fluoride, n ’ ; over 5% silicon, c.if Atlantic ; port, duty paid ee $16.06 to . P J yun t k 5 t Other Ferroalloys Domestic, No. 1 grour A yulk, 8 . : 98 & ~aleium fluoride not ove AND 4 2%% silicon, f.0.b. I lron and Steel Scrap f >» PITTSBURGH 4 Frogs, switches and guards. $5.00 ‘ Hydra comp. sheets oR ¢ rg ton delivered consumers’ yards Drop forge flashings 400t $8 t $ Rolled carwheels : 7.001 ‘ t 75 Railroad tires . 8.00 raiiroa 8.50 to Ratiroad leaf springs 8 oot : 8.50 t Axle turnings 4.50 ft And er 10.00 t ll Steel couplers and knuckles 17.00t ar Croy lina t } Coil springs na g 8 Axle turnings (elec. fur.) 6 l t stee 7 ) Low phos. punchings g AT 7 y t axie turr : 7 7 Low phos. plates, 1 and ler . nnat . . Cast 1 Ing xed snort shove turnings BS t f Machine shop turnings R 3 a orn 50 t f Rerolling rails ‘ 7.5 ( a 61 r 5 ) 8 Steel rails, less tha ft 8.2 Leavy eaka t : h Steel rails, less tha 2 ft g7 1 cast d t ] Angle bars, steel 7 avelit nu Cast fron carwheels 7 00 rs “ Railroad malles r ae oll a f 50 t A tural malleable 5.0 Dp I l i + « a ra . R . < % } bi t a ' b 1* furnace ¥ ote bel 68 ane ‘ 3 T r 18 a P n a r e and splice rs $ » CHICAGO 4 Ir oe ae i Iron axles . pe Delivered Chicago district consumers Sank i ates... itis " No. 1 railroad wrougl 4 . Heavy melt! ° $5 t $5.5 N ra ad w 4 4 ~ 5 r No nal y a = >» PHILADELPHIA 4 yara » CLEVELAND ¢ ‘ b BUK( pwedish, >» BUFFALO 4 in, 50- >» BUFFALO 4 B nsumé > BOSTON 4 >» CHICAGO 4 >» BIRMINGHAM 4 isumers’ yard 1.50 to : >» PACIFIC COAST > ST.LOUIS 4 a ] he Iron ige. December 22, 193: ¢ PLANT EXPANSION AND EQUIPMENT BUYING ¢ NORTH ATLANTIC > q CENTRAL DISTRICT > q¢ SOUTH ATLANTIC > Indiana Motors Corpn THE IRON AGE 1932 DECEMBER 22 rage WIRE MAKER TO THE NATION -ROM ONE SOURCE ae 4 HAIRPIN WIRE for milady 5 coiffure precincts ™ , re a alll | Nem R® YM one source —Wire for 1 thi | Cold Rolled Strip Steel, and Springs of oo cou ATTN ec ees VW IRE PRODUCTS Seen en ears 1831 ae == FB, 1952 AMERICAN STEEL & & Wine COMPANY 208 South LaSalle Street, Chicago BSIDIARY OF UNITE oes " Empire State Bidg., New York 94 Grove Street, Worcester ~~ First National Bank Bidg., Baltimore ; Columbia Steel Company Ru AND ALL PRINCIPAL CITIES s Building, Sen Francisco vport Distributors: United States Steel Products Compeny, New York = Or in Homestake R ON AGE Pa DECEMBER 22, 193: £e 4 NEW ENGLAND > egun ft Brewin Yards Counc! anda Docks, N Service ( M f rr ( ig wit! M Mining Co one-stor erection of iOCAI wit! at pped ; gold-mir crus < nunts yanide ric of } i ‘ he : ( iner City ¢ cil pia y pa . hor I I ( ( cil M Low . 4 ft ‘ } n i-Nebraska Light & Power ‘¢ l n Ha Machine Co I W Pe \ lalleables, Inc | W W ; | Lier r ( W W Mi ted tate Bobbin & Shuttle ¢ United State Engineer Office 1 D H Lerio Patent Cup Co., 5 R M \ m ifact t (yy M ( Superintendent of Lighthouses Sealright Co., Ine., | as ( K 1 ire! ' e I I car (ie vy. K.M Construct ( K Cit M ( 4 pment Cos Osw I ( Department of Public Work e | 10) ft at mur ‘ har ar Dp nd dr H We al Constructing Quartermaster, William Bea H al, El I ex i id Wheeler Boiler Corpn S Antonio, Te é ur 4 rex k Zendall and M ] r Tow. Building Standish Oil Co Borge I's i ing and impr ementsa in i ¢ \ a eu Borger including addit ‘ : ‘ Co € $45.00 ( mp< a ar f P [ Pe eum ( Bartlet . UkKia Construction Service, Veterar Administra- Washingt asks bids until Jan. 17 for vater-softening plant for institution at Legion, lex 80 x City Council, Corsicana, Tex is planning t new municipal electric light and power plant, and electric distributing system. Cost about t Financing in tha equipmen im vein ranged ar City Council, Port Arthur, Tex., plan I tallation of tanks and other equipment f t ervice for municipal water ter ( t a t $60,000 R. E. Rohrman is Gibson Meter Co., Inmc., Mission, Tex., | ee! rganized by J. E. Gibson and B. M trong, Mission, to manufacture water meter quipment Board of Education, Kilgore, Tex pls manual trainir lepartment in new one a I f wt 0,0 ee 1uthorized PI & I W ex Gunte I t Sa Antor re 1 t I 5. White and M. |! I Henderso1 I isso te it q PACIFIC COAST > Municipal Light and Power Department dena, Cal 1 t f+ for new ‘ tr th equit Lasco Brake Products Co., Twe I 1 eet Oakland, Ca ma ee nan e¢ é l nr it i rr nt l lir n f ( er $60.0 Shell Oil Co., Shell B I eric M Wiln ind O is, Ca a