The Iron Age 1935-10-31: Vol 136 Iss 18

FRITZ FRANK, President VAN DEVENTER Editor LACHER Editor Emeritus Washington GERKEN Managing News MILLER Machinery Editor Chicago Cleveland CHESTNUT AND STREETS, PHILADELPHIA, PA. Sales Offices 239 WEST 39TH STREET NEW YORK, Owned, Published and Copyrighted CHILTON COMPANY Executive and Publication Offices, Chestnut and Sts., Philadelphia, MUSSELMAN, President FRITZ FRANK, Executive Vice-President FREDERIC STEVENS, Vice-President JOSEPH HILDRETH, GEORGE GRIFFITHS, EVERIT TERHUNE, ERNEST HASTINGS, WILLIAM BARBER, Treasurer JOHN BLAIR Secretary Pittsburgh Detroit Boston Cincinnati Ready for Four Million Car Investment Opportunities Machine Tool What the Machine Tool Exposition Meant the Metal- Cross Section Opinion Machine Tool Users Regarding Significance Recent Exposition Construction and Equipment BAUR, General Advertising Manager DIX, Manager, Reader Service ADVERTISING STAPF 311 Union Bidg., Cleveland B. lL. Herman, 675 Delaware Ave., Buffalo, Published every Subscrip- Hottenstein, 802 Otis Bidg., Chicago tion Price: United States and Pos- Peirce Lewis, 1310 Woodward Detroli ut Charles Lundberg, Chilton Bidg., Chestnut & sessions, Mexico, Cuba, $6.00; Can $12.00 Single copy, cents. Robinson, Park Pittsburgh Sweetser, 239 West New York Member, Audit Bureau Circulations Member, Associated Business Papers ; 3 ty 4 | 2 4 > | Complete Kinds Sizes Steel every shape and size—standard and special grades —is carried stock for immediate shipment. matter what your requirement—as special product emergency delivery—you can call Ryerson with assur- ance that everything possible will done meet your requirements well within the time specified. There are ten Ryerson plants. Each plant strategically located serve its own industrial area. every plant there strong, experienced organization with not only the desire, but the ability serve. Order from the plant near- est you. Immediate shipment assured. you not have the current Ryerson Stock List, write and will glad send you copy. Joseph Ryerson Son, Inc., Chicago, Milwaukee, St. Louis, Cincinnati, Buffalo, Cleveland, Detroit, Boston, Philadelphia, Jersey City 10—THE IRON AGE, October 1935 General Steel Products steel products, such Bars, Sheets, Strip Steel, Welding Rod, Tubes, etc. Hot Rolled Alloys Rytense A.A. (hot rolled). Cold Drawn Alloys S.A.E. 2315, 2320, 2330, 3115, 3120, 3135, etc. Heat Treated Alloys Ryco (hot Nikrome (hot cold drawn). Stainless and Heat Resisting Alloys Allegheny (Sheets, Bars, Plates, Welding Rod, etc.). Cold Finished Steels Std. Shafting, Turned, Ground and Polished, Special Accuracy Stock, Rycase High Manganese Screw Stock, S.A.E. 1020, 1035, 1112, 1120, etc. Tool Steels Ryerson B.F.D. Die Steel. Ryerson “Shock’’ Steel Ryerson High Speed Mill Treated Bars, etc. Ti ‘ 4 | | | S.A.E. 2315, 2320, 2330, 2335, 2340, 2345, 2350, 3115, 3120, 3130, 3135, 3140, 3250, 4140, etc., etc. Rycase (hot | | | | q THE IRON OCTOBER 31, 1935 ESTABLISHED 1855 Vol. 136, No. Search for Security advocates planned economy tell that worth sacrificing personal liberty attain social security. They tell us, too, that security cannot obtained under our old- fashioned "horse and Constitution; that must look abroad the countries for our pattern. looked for security abroad but could not find it. Not Russia, where the whisper OGPU may send citizen Siberia. Not Germany, where less than whisper may deprive man his living. Not where one man's will can send the flower national youth Ethiopian graveyard. Elsewhere searched, until came upon colony that government within gov- ernment. And here found people living complete social security. will let one them tell about it: live under system planned economy which guarantees absolute and complete security. have 35-hour working week wages fixed the State. boss can fire cut wages. fee for insurance, yet become ill incapacitated, the State will provide for me. "My security greater than that any millionaire, though poor man. For the wheel fortune may send the millionaire the breadline, but sure roof over head and enough eat long live. case war, have security from military service. And though young and strong, will not called upon serve country. "Yes, have achieved state complete social security. Yet gladly would trade and the whole future life expectancy, for one single year liberty. For convict, serving life term Social security can only purchased the cost personal liberty. worth the ! § F - a Bis : | 3 4 4 A a increasing num- are making compre- hensive studies or- der determine scientifically whether certain equipment obsolete and should replaced. Many papers have been pre- sented meetings engineer- ing societies such the Ameri- can Society Mechanical Engi- neers and the Society Auto- motive Engineers, which the authors have explained methods for making these replacement studies. Our trade journals have recently been publishing many articles this important sub- ject. Many equipment manufac- turers are regularly selling their products the basis studies which are designed show the prospective customer just what Savings may expect the equipment ther developments along these lines are certain, and when prop- erly handled, replacement studies are greatly the advantage the machine producer, the ma- *Realizable value may value, second-hand value, value the same company for some other purpose. For further information about this factor and other phases the replacement problem, see engineering extension division bulletin the Virginia Polytechnic Institute, copy which may secured address- ing the author this article, Blacks- burg, Va. 12—THE IRON AGE, October 1935 Depreciation Tending Obstruct the Replacement chine user, and the general pub- lic, because they result re- the cost manufac- tured articles. well known fact that very large percentage our manufacturing equipment ob- solete, and could replaced advantage. Apparently most ma- chine users could arrange finance the replacement much their obsolete equipment could shown that these re- placements would profitable. Under such circumstances, very unfortunate that many the methods advocated for making replacement studies con- tain fallacy which prevents the proposed equipment from show- ing the full amount savings which may reasonably ex- pected. This fallacy that the proposed machine should bur- dened with fixed charges not only its own investment, but also any difference between the book value the present ma- chine and its realizable value.* The various methods which contain this fallacy are expressed such different ways that this incorrect charge against the pro- posed machine not always evi- dent until the whole method carefully analyzed. may stated passing, that one should put any confidence the results obtained from any eco- nomic study unless stands clearly the derivation the method being used. The following simple example will illustrate the fallacy which are discussing. Let sup- pose that machine now being used has book value $2000, but that its realizable value only $500. Let also suppose many methods that are used for making machine replacement studies, the pro- posed equipment charged with the undepreciated value the present equipment. misunderstanding the real purpose depreciation that the new machine which being considered will cost $5,- 000 place, ready operate. Under these conditions, the re- placement made, there will cer- tainly book loss $1500, the difference between the book value and the realizable value the present machine. often stated that this book loss caused the proposed machine, and that should charged against the proposed machine; other words, that, this partic- ular case, the fixed charges the proposed machine, including depreciation and return in- vested capital, should calcu- lated investment $6500 instead $5000. the pur- pose this article prove that such procedure incorrect, and that operates the dis- advantage the company which considering the purchase the new machine. Origin the Fallacy This fallacy seems have had its origin the methods which are used setting depreciation rates. The subject deprecia- tion very large one, but the following brief and perhaps over- simplified statement may assist — O t | | | | ( | p | te — — | { | 1} | | | | | j | | | | +4 ~ | } Obsolete Equipment charges apparently respon- sible for this fallacious reason- ing, which places undue burden upon the proposed equipment, and works the disadvantage producer and user the equipment, and also the clearing the fallacy which are discussing. this ar- ticle depreciation will con- sidered from the standpoint manufacturing equipment only. The balance sheet supposed give accurately possible the value the various assets and liabilities. All types man- ufacturing equipment decrease value during their useful life. There are number reasons why neither desirable nor possible for the balance sheet show the realizable value asset the end each fiscal period during the life the as- set. the other hand, there only one reason why well man- aged manufacturing concerns not arrange their depreciation charges that the book value each asset just equal the realizable value the asset the time displaced. This reason that absolutely im-. possible determine accurately, the time the asset installed, either the useful life the real- izable value the time the asset will replaced. often hap- pens, therefore, that the book value asset much greater than its realizable value, the time when replaced. This ° ° PAUL NORTON, JR. Professor Industrial Engineering, Virginia Polytechnic Institute ° especially apt the case when asset replaced because obsolescence, and apparently most replacements are now being made because obsolescence. Apparently those persons who would burden the proposed equip- ment with any difference be- tween the book value and the realizable value the present equipment believe that this dif- ference always represents real loss, which equal the differ- ence between book value and realizable value; also that this loss due the development which produced the proposed ma- chine. The fact the matter that the present machine may have been very profitable in- vestment, even though the book value much greater than the realizable value, and, the other hand, the machine may have been very unprofitable invest- ment, even though the book value less than the realizable value. difference between the book value and the realizable value displaced machine cannot used determine whether the investment the displaced ma- chine was profitable unprofit- able. the book value higher than the realizable value the time the machine displaced, only because the estimate upon which the depreciation charges were based was incorrect; there- fore any difference between the book value and the realizable value should not used any way when making replacement study. Fixed charges present machine should based its realizable value. Realizable Values true that this difference between book value and realiz- able value large, may influ- ence the management decid- ing whether the replacement should made that particu- lar time, but these intangible fac- tors have proper place the replacement study itself. The fact that the realizable value the present equipment should al- ways used the replacement study does not necessarily mean that, the replacement not made, the book value should reduced the realizable value. well managed concern re- placement study should made whenever seems likely that replacement may prove desir- able. Many these studies are apt show that there par- ticular advantage making immediate replacement. such cases, the present equipment may just efficient from pro- duction standpoint ever was, and the book value may well re- main unchanged. However, new estimate should made the remaining useful life, and new depreciation rate should de- termined for use the future. But suppose could shown that replacement the present equipment would result real loss when proper consideration given all factors which have affected the operation the ma- chine during its life. this loss - # : : THE IRON AGE, October due the development the new machine and should charged against the new machine study? number well known authorities claim that losses due obsolescence should charged the period which has the ad- vantage the lower costs result- ing from the newly developed equipment, which would mean that they should charged against the new equipment, when making the replacement study. The idea intriguing and may seem have some academic justification, but will not stand under the acid test actual practice. con- cern enjoys monopoly, will aim set price which will bring the greatest net return; and possible past loss due obsolescence will not affect this price any way. concern must its products com- petitive market, and nearly all users manufacturing equip- ment are this situation, must prepared meet the costs competitor who does not need consider these losses due obsolescence, either be- cause the competitor never had the obsolete equipment, be- cause the value such equip- ment had been completely writ- ten off during its useful life. Safe and Conservative Method The only safe and tive method write off past losses all sorts quickly possible. Manufacturers are sat- isfied their operations show reasonable profit their whole business. They what they can avoid losses any part their business, but they realize fully that competitive system losses are bound occur some orders. manufacturer would think charging the loss which may have occurred some past order part his cost esti- mates upon which expects base his future prices. the final analysis, losses due obso- lescence are clearly due errors judgment, and the excuse that obsolescence cannot foretold accurately does not make any easier recoup these losses adding them future costs. the problem continue using ob- solete equipment merely because more modern equipment fails show reasonable saving total 14—THE IRON AGE, October 1935 cost, the proposed equipment burdened with the loss due obsolescence the present equip- ment. Such action merely makes more difficult compete with others who have the advantage the modern equipment, but that the result when replace- ments are made the basis studies which charge the pro- posed equipment with any dif- ference between the book value and the realizable value the present equipment. The only safe and reasonable method base fixed charges present equipment its realizable value, and disregard entirely any failure the past charge adequate depreciation. this point the discussion has been confined the making the replacement study itself. the proposed equipment actually purchased, neces- sary take some action with respect any difference between the book value and the rea- lizable value the equipment which has been displaced. In- formation which would seem indicate that the great majority manufacturers charge this difference profit and loss, surplus, fund which has been set out sur- plus for this very purpose. The Ideal Solution The ideal solution would charge sufficient depreciation against each machine take care depreciation due all causes, including obsolescence. practice, this cannot always done because impossible estimate accurately future ob- solescence. For tax purposes the Bureau Internal Revenue in- sists that the taxpayer have some reasonable basis for mate future useful life. should noted, however, that the bureau willing approve depreciation rates which include reasonable allowance for obso- lescence. Recent Government Changes Recent changes regulations governing depreciation charges have made even more difficult discuss this problem short article. present, capital losses cannot used reduce current taxable income (except for small annual amount), and would therefore seem that losses due obsolescence cannot general used reduce taxable income unless these losses can charged directly cost opera- tion through depreciation. The regulations provide that depreci- ation rates may increased obsolescence becomes apparent, but that company has failed the past charge what was clearly reasonable rate de- preciation, cannot charge off this amount the future. the whole, would seem wise for each manufacturer seek have the Bureau In- ternal Revenue approve deprecia- tion rates which are high enough give reasonable protection against obsolescence. study the arguments those authorities who believe that depreciation due obso- lescence should charged the future, would seem indicate that they base their opinions conditions regulated public utilities. Without attempting into the matter all fully, may stated that regulated pub- lic utilities differ greatly from manufacturing industries with regard prob- lem. Depreciation affects public utilities number different ways, such valuation for pur- chase, valuation for rate making, cost operation determine whether reasonable return being earned, and cost opera- tion for tax purposes. the manufacturing problem not complicated, but should considered from the standpoint how will af- fect production costs highly competitive market. | 4 | | | | | | | i) 1 i} 7 i} } i} | | | 4 j | | | | Ready for Four Car Year AVING raised production and sales estimated 3,700,000 cars 1935 from depression low |,431,494 1932, the automobile industry has spent tens millions dollars expanding and improving its manufacturing facilities and processes anticipation further gains the coming year. Its plants are busy they move into the 1936 season, advanced two months stabilize employment. The photographs this page and the following pages give readers THE IRON AGE glimpse behind the automotive production curtain, showing equipment installed for and operations 1936 models. PROMINENT car manufacturer Detroit has installed Mahon spray booths paint bodies. Filtered air forced into space above the perforated ceiling the spray booth. This, together with the suction the inlets the units located near the floor, provides continuous down current fresh air. Fumes from spray guns thus are carried down and out the booths and workmen get supply fresh, clean air. THE IRON AGE, October iy i | 3 | 3 ‘ . » f | in- its in ized tanks fac- tory. Note the over- ighs The press ine Ib. nels hour. UDSON has stalled turn out pan- body plant ton Hamilton press form the steel roof panels for Hud- son and Terraplane cars. The die for this Chevrolet cars mach castings for are chrome plated these conveyor head lighting. Bay City, = ORD has installed new naces the new al- loy steel casting de- partment the Rouge plant foundry where cast alloy steel parts will made. HEVROLET uses monorail -head conveyors ex- tensively its branch assembly plants transport sheet met- parts. This photo- graph gives idea the work done these conveyors the Baltimore assem- bly plant opened last April. — — A ~ 4 — *, we are Under- ded ipped from monorail conveyor. caps roaches which op- ich supported either end U-shaped hanger. The suspen ine equ the Ken- ine, Packard One ically. mach ion in erate speed ft. per device ion mechan neath each body frame This broached Foote-Burt ver- The operat osha plant. ROM the time workmen beg ASH bearing hang doors until finished job Na-Loy connected horizontal steel two hangers for each body are comes off the Twenty bodies are carried throu product bar. tical broach IRON AGE, October 31, 1935 5 + Million Car Year holes are drilled simultane- ously three camshafts Leland-Gifford machine Pack- One Twenty factory. BELOW Packard One Twenty trans- mission gears are lapped simplified design developed and built Packard. THE IRON AGE, October ot q 2 F i, # ; 20—THE IRON AGE, October 1935 Ready for Four main bearing lock the Nash 400 cylinder block broached Cin- cinnati horizontal surface broaching machine equipped with Na-Loy broaches which op- erate cutting min. This job done Nash's Kenosha, Wis., plant. ALLEABLE iron differential cases are counterbored and chamfered this two-spindle hori- zontal indexing ma- chine the plant large automobile company. bed é | Million Car Year has put the foundry build- ing the Rouge plant new continu- ous-type furnace for heat-treating brake drums. OUNTER- SHAFT gear teeth are burred the same time they are being cut this Barber-Colman ma- chine with special attachment Pack- ard design. This job being done the Packard One Twenty plant Detroit. THE IRON AGE, October ey j = j RIGHT the rear quarter panel trunk sedan, this solid steel turret top, with the asphalt im- pregnated insulating material already ce- mented its under side, leaves the press room for the assem- bly department one the large southern Michigan plants maintained the body-building di- vision General Motors. the as- sembly department this top will weld- the quarter panels and steel front end assembly form the roof turret top Fisher dy. Ready for Four LEFT UICK Anolite (aluminum alloy) istons are machined automat- ically exact weight. Amount stock removed counter- boring from below automatically determined the vertical posi- tion the piston the fixture, which turn determined auto- matically its weight. if : = 4 ° ° October 31, 1935 | Million Car Year RIGHT some the piston inspection operations, such checking variations cam-ground skirts, mechanical gages give way Buick even more sensitive electric gages. The reading this in- strument magnified several thousand times combination reed mechanism and lens. BELOW makes all its engines its Detroit plant, where most its cars are assembled. take care growing market, however, has in- creased the capacity its Los Angeles branch assembly plant and has established another branch assembly plant Evansville, Ind. Here engines are being shipped from the Detroit factory Evansville, the device the photograph being used move engines from the end the production and inspection lines box cars. rs a £ THE IRON AGE, October q et af | 4 | 4 Ready for Four Million Car Year LEFT UPERCHARGER rotors are balanced tolerance 0.04 inch ounces Micro-poise balancing machine the Graham-Paige plant Detroit. ABOVE sheet metal parts for Hudson and Terraplane cars are rust-proofed automatically sprayed wit Cromodine. This photograph shows fenders being sprayed the booth they move along conveyor. LEFT workmen the Pontiac plant the body-building di- vision General Motors un- load shipment safety glass destined for Fisher bodies. Cases are put electric truck for trans- fer other parts the fac- tory. These vehicles are em- ployed throughout the plant move raw materials and par- tially fabricated parts from one place another swiftly and economically. | ~ j >. j 24—THE IRON AGE, October 1935 long ago, one good customers was discussing ad- ditions his equipment, and some this was the type build. promptly got down production and stock removal. The parts finished were nearly identical with those had been doing machines for several years, but the quantities were larger. “How many machines?” asked. “Three,” answered. “Three? Why only took four your old machines five years ago. What the matter with you fel- lows, anyway? Aren’t you pro- guessing?” “Sure are,” replied. “Our present machines are least per cent more productive and more accurate than they were when you bought those four. addition, you have larger quantities han- dle. That say three ma- chines will you this time. And don’t forget that the price has not gone per cent, either.” This experience typical, be- lieve, many machine tool pur- Investment Machine Tool Show ° ° ° NORMAN MAC LEOD President, Abrasive Machine Tool Co., East Providence, and vice-presi- dent, National Machine Tool Builders’ Association fo) fe] chases. always the question, “How much more will do? How soon will pay for itself?” Some you will recall the so- called standard tools being built before the War. How often thought that the ultimate had been reached each new model came out. Why, those tools were for the most part playthings compared with the same type standard tools today. There wide gap between them productive ability, accuracy, safety, and ease control. The tools 1929 were not quite antiquated, but let borne mind that the inventive minds men have been especially ac- tive during the depression period, and builders have had more oppor- tunity test out the products these minds. Add this the fact that far better cutting tools and grinding wheels are now available take advantage the increased capacities the machines. Those who would try manufac- ture goods with obsolete machine tools for the present and future markets will soon find that tre- mendously expensive. Just add the costs maintenance the loss decreased production, and you have sorry picture. Prices based such costs cannot possibly com- pete with those the manufac- turer who investing the lat- est equipment. There are those who hang their old automobile, but one has yet shown conclu- sively that such practice either wise economical. Builders machine tools have more than done their part as- sisting the consumer buy the things wants fair price. While the productive capacity their products has increased leaps and bounds, the prices they charge have not kept pace. safe say that any the stand- ard tools today have more than twice the productive capacity those same types years ago. also safe say that the prices are not twice great. Modern tools are expected pay for themselves through savings, two four years. What other in- vestment can you offer that pays per cent dividend? THE IRON AGE, October 1935—25 | | 4 i ig 2 § What the Machine Exposition Three Cheers for the American Machine Tool Industry VER since can re- member, have ‘vis- ited exhibitions ma- chinery and equipment for the industrial plant. Both grandfather and father were neers and managed plants engaged the manufac- ture industrial machin- ery and railroad equip- ment. only natural that have been associ- ated with machinery and equipment for years either the capacity salesman representing the machine tool manufactur- interested the purchase new equipment. Anyone, like who visited the recent Machine Tool Show must have had the thrill their lives the demon- strations and exhibits these new fast-operating machines and must have said themselves, “Three cheers for the American machine tool industry. has found itself and has taken its place the machine tool world.” spent every hour every day possible for marveling the wonder- ful performance given the operators these machines and the en- thusiasm shown exhibitors well vis- itors the progress made our industrial climb back prosperity. like many others, found many new tools that could used great advantage products and shall pur- chase these new tools just soon appropriations will permit. All all, was most wonderful demonstration that good old American spirit “never say and its ability really things when its back against the wall. COE, President, Even-Cut Abrasive Band Equipment Corporation, Cleveland, Ohio. 26—THE IRON AGE, October 1935 Cross-Section the Impressions Excelled Any Other Ex- hibition Last Years THINK that the exhi- bition excelled anything had witnessed during the last twenty-five years. was the outstanding dem- onstration all exhibit- ors their confidence the future America, and feel that everyone taking part this show mented the arrange- ment and orderly fashion which the entire affair was conducted. The exhibition the basement, most which covered the heavier ma- chinery, was amazing the average layman from After They Have Had production standpoint. The Brown Sharpe con- tribution was not only very unique its ar- rangement but highly educational the appli- cation their products industry. After viewing every- thing telegraphed office and numerous other concerns who thought would interested this Show, urging them attend, and visit several plants also suggested they like- wise felt the time spent would worth- while. HUGH EBY, President, Hugh Eby, Inc., Philadelphia i 1} i} N i} T | f — | | | J j | | | | | a . Meant the -Working Industry Time Think Over Tremendous Value production, time scarce which get about and see what oth- ers are doing. The Tool Show gave opportu- nity see machines run- ning, and learn what their possibilities may be. great many in- stances, tool builders are represented agents, rather than the direct factory man. the case agent whose job sell varied line, of-all-trades which eas- ily understandable. The Show gave oppor- tunity talk with fac- Made Upon Visiting Executives, tory engineers and sales- men who had their fingertips information construction details and practicability their product for any particu- lar use. also gave oppor- tunity present tool manufacturers specific problems which might not pressing, but the solu- tion which, the other hand, might prove that immediate applica- tion this method would create large savings improvement product quality. conclusion, therefore, might say that felt the Machine Tool Expo- dous value me, that view the exhibits, ask questions those who should know best, and present problems which were either answered the spot, later cor- respondence. vice would seem almost invaluable. JOHN COONLEY, Walworth Company, Greensburg Works, Greensburg, Pa. Demonstrates Faith Our Future NQUESTIONABLY was the greatest show similar nature that have ever attended— wonderful staging and handling. Although have been identified with man- ufacturing for many years and have come through the ranks from the ma- chine shop, the exhibits were far over head would useless for attempt into de- tail. Certainly one in- dustry that has faith THE IRON AGE, October 31, 1935—27 the future this country and, should say, the whole world. enjoyed few hours the Show very much. The keen and courteous attention given the ex- hibitors and their opera- tives was splendid, and thank you for giving this opportunity ex- pressing pleasure. FIFIELD, President, The American Fork Hoe Co., Cleveland, Ohio. Resulted Immediate Orders observations the Machine Tool Ex- position Cleveland, well the observations others with whom have talked, made very deep impression re- gard the great im- provements that have been made all kinds machine tools. The exhibit was such value that a q f f | ber men from each our plants attended; the result our visit meant new immediate or- ders for the machine tool industry which otherwise might have been given later. OCHS, President, Eaton Manufacturing Company, Cleveland Beneficent Aspect Mechanization unfortunate that all those who doubt the ef- fect technological ad- vances promoting hu- man happiness could not have had opportunity visit the Machine Tool Exposition. Most them, probably, sense this effect some extent but the idea lost the great volume compaints from those who find therein the explanation unem- ployment. few minutes such show was held Cleveland, would, lieve, clear this point. The great diversity the equipment shown once creates the thought that human ingenuity will con- stantly find new fields application for its use and recreate employment while offering the world new and desirable things. the same time, MeCUEN the older ones are grow- ing both better and cheaper. left the Cleveland Machine Tool Exposition very much impressed with the things which had been accomplished the en- gineers that field. Their work has contributed greatly towards the man- ufacture both less ex- pensive and more reliable automobiles and gives, certain, very timely lift towards reestablishing great national happi- ness and prosperity. General Marager, Olds Motor Works, Lansing, Mich. Growing Appreciation Precision attended the Machine Tool Exposition Cleveland, and feel very grateful the machine tool builders for making possible for and about 100 the men our organization see easily and such short time the marvelous display engineering and designing skill ex- hibited there. You may interested know that several the advance machines exhibit Cleveland were built our order and are the way our factories. Not only was inter- KELLER ested the display machinery, but gave opportunity renew acquaintance with great many men with whom have done lot busi- ness the past years. The impression got from the show indicated growing appreciation the necessity for precision producing production parts. Not only was this evident the sturdiness and excellence design the machines, but also the fine controls them, well the new de- velopments measuring and gauging equipment exhibited there. KELLER, President, Chrysler Corporation, Detroit. 28—THE IRON AGE, October 1935 Gives Faith Future 1935 Machine Tool Exposition Cleveland, exceeded, beyond doubt, any exposition character which has been held America, and pos- sibly the world. was greatly impressed with the improvements which have been made ma- chine tools since the 1929 Exposition, held the same buildings. Machines exhibited showed the result great deal study engineers improve the quality machine prod- ucts, much progress the protection moving parts from abrasives, and PAYNE marked improvement the appearance the machines. The use hy- draulic mechanism has been greatly increased and the art broaching enlarged upon. Those interested the machine must justly proud realize that they have had part bringing about ments, and cannot but have great faith the future America this mechanized age. PAYNE, President, Greenfield Tap and Die Corporation, Greenfield, Mass. HEN left the Ma- chine Tool Exposition Cleveland, carried with one big impres- sion, namely was measuring the progress the American people had made toward the solution the problems that make for human welfare, hap- piness and security. These several hundred manufacturers, under the pressure achievement and individ- ual responsibility, have taken another step for- ward the solution the problem hours labor, increased compen- sation and wise distribu- tion the things that make for human comfort. MILLER When these manufac- turers designed more ex- pensive tools, tools greater precision, greater speed and more intricate operation, they made necessary more able oper- ators, operators, and consequent- ly, higher paid operators, and made shorter hours labor, reduc- tion the cost the product, and that re- duction cost, wider market for that product. need not look back very far see the work- ing this rule. has not been many years since the wage for the high class mechanic was day. The standard work week was hr. equipment speeded and the requirements the operator were more exacting, the wage went $3, the hours 54; then the hours dropped and 45, and 40, with corresponding in- crease rate pay and corresponding wider distribution the good things greater num- ber people. the day stand- ard, only the affluent had telephones, bath rooms and plumbing. the rate advanced and the hours declined, greater number these benefits. Industry has developed ; | 4 — | ee 4 4 7 | | | | the fact that speed operation increases, work hours decreases and while, today hr. may the efficient week hours, improved pro- cesses entirely rea- sonable believe that the efficient week hours will still further re- duced, compensation will increased, still wider distribution niences and luxuries will accomplished. This show was the far- thest point progress for the accomplishment these desired things. Progress has been brought this point the ex- ercise individual re- sponsibility, not regi- mentation far distant planning arbitrary rules, but the work- ings natural laws, nat- ural ambitions, and nat- ural pride achieve- ment. MILLER, President, Dodge Manufacturing Corpn., Mishawaka, Ind. Speed, Ruggedness and Adaptability All Improved HREE things stood out the impressions made upon the Machine TSCHAPPAT Tool Exposition Cleve- land. First, the rugged construction all the different types ma- chines Second, the great increase speed range built into these machines, over that available older types. Third, adaptability and convenience operation these machines. Aside from these tech- nical impressions the very extent the exhibits shown impressed one that progress had been made this industry every branch its activities. The machine tool manu- facturers are con- gratulated upon the ef- fective method which they took through the staging this exposition make known prospective users, the many advan- tages their new prod- ucts. TSCHAPPAT, Major General, Chief Ordnance, Washington, Should Create New Business WAS accompanied the exposition Mr. George Christopher, vice- president in charge of production, who is, course, more directly touch with machine tool development than were invited the pre- view and the dinner after- wards. spent the en- VINCENT tire preview afternoon among the exhibits, but the time was very lim- ited did not have chance examine any them detail. were both very much impressed with the magnitude the exposition and the com- pleteness the various exhibits, with the net re- sult that decided select several men from our organization and send them Cleveland for the purpose making com- plete study those ex- hibits which might have direct bearing our requirements. both feel that the exposition should arouse fresh interest what the machine have been doing and thus create new business. would seem that this respect the machine tool builders are follow- ing plan which has been successful the auto- mobile business. VINCENT, Vice- President Charge Engineering, Packard Motor Car Co., Detroit. Mutually Profitable Enterprise need not state that the Machine Tool Exposition was success, for more em- phatic that effect can DANEKIND than the orders which were placed with the ma- chine-tool builders exhib- iting Such acceptance, though doubtedly very gratifying the builders, least equally significant the users. means, since probably very few units were bought for the purpose adding plant capacity, that the manifold devel- opments and improve- ments incorporated the new machines demon- strated their ability produce outstanding econ- omies production costs. means that the exhibi- tors offered what the visi- tors came seek—new ways increasing efficiency. means, brief, that the enterprise was mutually profitable. What can better attest the success any expo- sition? DANEKIND, Chairman, Factory Equipment and Practice Committee, General Electric Co. Swept Out Mechanical Cobwebs Machine Tool Ex- position Cleveland was substantial evidence progress spite ob- swept our me- chanical cobwebs and in- spired thought along broader and more progres- sive lines. Fifty our key em- ployees visited the ex- AVERY position and can see -of progress our entire or- ganization result. AVERY, President, The Murray Corporation America, Detroit. Came, Saw and Purchased VISITED the machine show Cleveland, Ohio, September and consider the greatest show machine tools and mechanical appli- ances have ever been privileged see. The machine tool in- dustry should very proud the strides has made developing good sturdy high produc- tion tools. The machine tools for years were bet- ter than the cutting tools, but the last few years lot progress has been made cutting tools. When learn trade 19901, the only machines being used for the manufacture moulds were shapers, lathes, grind stone, em- ery wheel, hack saw and speed lathes. The rest the work was done hand. Today would impossible for the glass container manufacturers THE IRON AGE, October 1935—29 & 3 4 wee >. 4 - 4 4 ‘ | F 4 4 ii 4 4 if = t 4 the manufacturers dishes, globes any- thing made glass make the intricate shapes and designs moulds that do, were not for the improved ma- chines, which have helped saw several tools the machine show which felt could adapted our work and already have made purchases. OVERMYER, President, ‘myer Mould Company, Winchester, Ind. With Re- newed Hope Future visiting the 1935 Machine Tool Show was greatly impressed with the spirit enthu- siasm and optimism which permeated the entire show and those attendance. Most us, sure, re- turned our respective fields with brighter and more cheerful outlook the future. Viewing this 1935 Show, the greatest display man’s ingenuity all his- tory, and seeing before the advances made invention, mechanical de- sign and precision ma- chine tools and the great changes which have come about practice even the few short years since the 1929 show, founa myself re- calling the days apprenticeship ma- PRAGER chinist over half cen- tury ago. looked back the shop practices then vogue and recalled the that time and compared them with the high speed, high precision machine tools found the show. the modern machine shop greatest im- portance handle work the shortest possible time consistent with ex- treme accuracy. The ma- chine shop owner op- erator servicing industry today must maintain his equipment perfect der all times and must keep pace with modern progress and advance- ment. Modern industry demands and today’s highly specialized com- petition requires precision machine tools the most modern type. The ma- chine shop owner who at- tempts compete ser- vicing industry with ob- solete even obsolescent disadvantage. congratulate the Ma- chine Tool Builders As- sociation the success the 1935 Show. BRUNO PRAGER, President, Prager Inc., New Orleans. Excuse Now Delay Buying Machine Tool Show Cleveland was very inspiring sight. For all the hungry eyes that had not looked upon such display before, could not fail increase their hopes for better days. Those who have de- layed their purchases KINTNER tools until they had opportunity see the last word such equip- ment, have excuse now hold off any longer. The tool designers seem have sensed the spirit the times and greatly improved the ap- pearance their prod- ucts. Graceful lines, that might classed IRON AGE, October 1935 streamlines character- ized the designs. was good show and should stimulate increased activity that line. KINTNER, Vice-President, Westinghouse Electric Mfg. Co. East Pittsburgh, Pa. Inspiration Man- ufacturers THINK only re- peating the general impression everyone who attended the Ma- chine Tool Exposition Cleveland when say that without ques- tion the most outstanding exhibition machine tools that has been held date. Many new ideas ma- chine tools sented, most them great advantgae the users modern ma- chine tools and the de- velopment that has oc- curred since the last Ma- chine Tool Exposition inspiration manu- faeturers the reduc- tion production costs. would not attempt offer any criticism, but did appear that not sufficient attention be- GOLDIE ing given the machine tool builders equip- ment that lends itself high production and quick set-ups, quick set-up changes might better way express it. great deal atten- tion has been given high production tools. Most them, however, are valuable only the manufacturer who has great many manufactur- ers who have large vol- ume work num- ber different models types. The result that must have high pro- ductive equipment that lends itself readily quick changeover without sacrificing productive ca- pacity. might make any suggestion, would suggest that more atten- tion paid this type equipment. appears that this type machine has suffered the expense great deal time and effort placed high productive equipment that not susceptible quick changeover. GOLDIE, Vice-President, The Timken-Detroit Axle Co., Detroit. "Depression Prog- Exposition will ever live see such great progress made short period. This correctly termed Depression Progress Exposition,” undoubt- edly the depression gave KESSLER opportunity development that would never have been possible had business been any- thing like normal and people’s thoughts and at- tention been devoted the carrying normal activities. The points that impressed most were: First, the high standard finish and appearance equip- ment exhibited. Secondly, the extremely high quality tolerances which pres- ent day machine tool equipment built, 0.0001 in. being the standard to- day, where 0.001 in. was the standard ten years ago, and Thirdly, and perhaps | | | > | | important any, the fact that these various high precision machines have been developed not ac- complish single opera- tion meet single purpose, but rather group complete set series operations, turn- ing out completed parts where former years such operations were ac- complished progres- sive step step process. This latter point im- pressed very much. the whole believe that the exhibition was perfectly timed and gave ample proof that perhaps the depression will have its good effects and leave something besides wreck- age its path. KESSLER, Vice-President, Company, Inc., Buffalo, Deserves Award Merit first reaction the show was one amazement its magni- SPACKMAN tude and the obvious and remarkable progress that has been made the de- pression years the im- provement machine de- sign for greater efficiency and economy produc- tion. that the metal working organizations which will making profits within the next five years will those who capitalize the cost-reducing ma- chines that are now avail- able replace existing production machines which the majority are obsolete. These tute drag costs which will become heavier with each passing year, and menace the organiza- tion that endeavors fight competition with an- tiquated high cost equip- ment. the light its achievements exempli- fied the Machine Tool Show Cleveland, think the machine tool manufacturers America deserve industry’s award merit for their work. far our own busi- ness—the design and manufacture welding for machinery and equip- concerned, most gratifying observe the extent which machine tool builders have adopted welded steel construction their products. SPACKMAN, President, Lukenweld, Inc., Coatesville, Pa. opinion that the Machine Tool Exposi- tion Cleveland was the finest its kind ever staged this any other country. was deeply impressed the wonderful effort put forth the machine tool build- ers and their engineers during the depression years bringing their different pieces equip- SCHATZ ment such high standard productive capacity. The refinements many cases are almost unbelievable. opinion that with these im- equipment, behooves the productive factories take immedi- ate stock their present equipment and eliminate able remain competi- tive. Without question, there era pros- perity ahead for the ma- chine tool industry that should far give em- endeavor. Our industry requires great productive accuracy, but that accuracy must and positive that many the new develop- ments shown Cleve- land will solve many our problems. SCHATZ, President, The Federal Bearing Co., Inc., The Schatz Manufac- turing Co., Poughkeepsie, PLANNED spending four full days the Machine Tool Show order sure and make the rounds. found that the end four days, had only started in; had back the second week and spend two days more and then went home wishing had least another week. these fellows had all saved their new ideas, their time-saving devices, and their new cost-cutting in- ventions, ever since the depression began and then sprung them all once the Cleveland Machine Tool Show. Some the machines that bought new six months ago are out date already and although did not intend purchase any more ma- chinery right present, TOURNEAU before leaving the show ordered $25,000 worth more equipment from dealer. feel that fellow doesn’t buy up-to- date machinery, pays for anyhow slower speeds and repairs the old equipment, why not have some new ma- chinery that you can something with? Now, whenever set-up man says can’t done, tell him saw being done the machine tool show. TOURNEAU, President, Peoria, Graphic Demonstra- tion the Value Initiative fact that nearly three members our organization visited the recent Machinery indication how highly regarded the value and importance this remarkable exhibit. spent four days there get- ting ideas and inspira- was one the most stimulating experi- the cutting tool business. Without exception got similar expressions from everyone met. the Machinery Show meant three things. First, meant that most metal-working plants America are obsolete. may have gone the show thinking our own plants were modern and efficient, but now the sad disillusionment has come. Now know that obso- lescence works con- stantly and the passing time and its progress seems even more rapid slump peri- ods. brand new ma- chine which stands for few years must charged off and scrapped MILLER just though had been worn out. plant executive could visit the show without. realizing the absolute buying some better equip- ment once meet com- THE IRON AGE, October 4 a 4 f 8 a 4 “4 & # a i ‘ petition the new me- chanical era which the show introduced and dra- matized. This first observation leads logically the sec- ond. With practically every company metal-working rep- resented the great throng who visited the show and with all reach- ing this inevitable con- clusion, certainly the re- sult must great im- petus buying the durable goods group industries. This will more solve the prob- lems unemployment and than legislation. Finally, came away from the show more fully convinced than ever that the basic for America’s progress and industrial found the free expres- Sion individual initia- tive. the pioneering urge. based the incentive get ahead, places, accomplish things. comes from the lure and the thrill the game. will the su- preme tragedy history allow false prophets lure away from the freedom the individual for self-development and self-expression, which the fundamental tenet American democracy. FRANK MILLER, President, McCrosky Tool Cor- poration, Meadville, Pa. Best All Machinery Shows has been privilege number times see machinery exhibitions foreign countries, includ- ing the world-renowned Leipzig Fair. must frankly state that GEERS opinion that the ma- chinery exhibited the Cleveland Show topped every machinery exhibi- tion which have had the privilege attending. The progress made the development equip- ment all lines, since the last Machinery Show, bespeaks alertness for the ever increasing demand the best that America can produce hold its place the machinery world.