N 1. G. A. Bulletin
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`mss N 1. G. A. BULLETIN CB OF THE 9 B CR B T A A Y Th is bulletin is publis hed semi-monthly by the Natiorrel SE Madis on Av enue Association of Coat Accountants, 3 8 3 Madis on Avenue, New York New York G y In three sections — Section III .1 9 0. r VOL. X V I , N O . 14 + MARCH 15, 1935 CURRENT COST LITERATURE This Section, which is issued on the 15th of each month, contains all the available references to cost articles and cost material published for the most part during the past month. Those references marked with an asterisk ( *) are obtained from the Engineer- ing Index Service. Other references are secured from the Industrial Arts Index, published by The H. W. Wilson Co., 950 University Ave., New York, N. Y., and also from periodicals received at National Headquarters. Members will note that references have been placed only on one side of a sheet so that pages may be clipped and used in a permanent card file. Arrangements have been made with the Engineering Societies Library to furnish photostatic copies of any of the articles preceded by an asterisk ( *). The price of each print, up to 11 by 14 inches in size, is 25 cents plus postage. Orders should be sent direct to the Engineering Societies Library, 29 W. 39th St., New York, N. Y., and should include all details as to volume, number, pages, etc. Photostatic copies of articles not marked with an asterisk cannot be provided. To secure a co py of any of the publications here referred to, order direct from the publisher. Addresses of periodicals referred to in this issue will be found on page 850. ACCOUNTING AND ACCOUNTANCY Witty, Richard A. Report Writing. The Commonwealth Journal of Accountancy. January 1, 1935, pp. 137 -40. Matthews, C. N. Uniform Costing by Industries. The Cost Accountant. January, 1935, pp. 250 -55; discussion, pp. 256 -70. Paper submitted at the 13th National Cost Conference, in England, on October 19, 1934. AIR TRANSPORTATION Goodwin, E. W. Cost Accounting for Air Transport. The Cost Accountant. February, 1935, pp. 300 -7. AUTOMOBILE INDUSTRY See Labor — Oliver, Frank J. AUTOMOBILE OPERATIONS Towne, J. D. How to Control Mileage Costs on Salesmen's Cars. System and Busi- ness Management. February, 1935, pp. 76, 92 -93. BAKERIES See Food. BANKS AND BANKING Hetzel, Frederick. Establishing a Principle for Account Analysis. The Bankers Magazine. February, 1935, pp. 199 -206. Third article in a series which started in December issue. Hurdman, Frederick H. Bank Examination by Accountants. The Bankers Magazine. February, 1935, pp. 245 -52. 847 COMPTOMETER CONTROL GIVES YOU QUICK, VITAL ANALYSES OF YOUR BUSINESS OPERATIONS ARE you ready with accurate cost F;exible. Adaptable to most any kind of analyses to profit from increased busi- 3 figure or cost routines. ness? Have you complete information Economical. Savings of 35% or more are on sales cost, by salesmen, by territories, 4 not unusual. by commodities? Do you have finger- Simplifies collecting and computing figure tip control on costs as affected by in- 5 facts. Reduces number of operations creased volume, larger payrolls, fluctu. required. ating prices? The COMPTOMETER Peg -Board combina. tion not only gives you a control record The COMPTOMETER Peg -Board method of sales, production, inventory, payroll brings to your desk day -to -day, vital facts and other costs; it consolidates reports, about your business. It reveals danger co- ordinates departments, opens up new signals in time to give you complete con- avenues of savings and profits. trol —with these advantages: For full information on this modern Makes use of original figures. Does away business aid write us direct or call the I with the time and cost of recopying, post- ing. Reduces chance of error. COMPTOMETER office in your locality. There is no obligation on your part. Extremely fast. Produces figure facts 2 while most valuable. Allows for prompt Felt & Tarrant Mfg. Co., 1715 N. Paulina action on rapidly changing conditions. St , Chicago. C O M P T O M E T E R TAADR-MARK Woolley, E. S. How to Obtain Bank Costs. The Bankers Magazine. February, 1935, pp. 193 -98. Third article in a series which started in December issue. III —Funds Invested in Earning Assets. BUDGETS Hawkins, J. Budgeting in Industry. The Cost Accountant. January, 1935, pp. 271 -77; discussion, pp. 277 -90. Paper submitted at the 13th National Cost Conference, in England, on October 20, 1934. BUILDINGS *Knox, F. J . Trends of Building Costs. Engineering News - Record. Vol. 113, No. 26. December 27, 1934, p. 833. Discussion by A. G. Middleton of paper in issue of September 6, 1934; author's reply. CLOCKS *Landfried, O. Der Zusammenbau von Weckerithren. Werkstattstechnik and Werk- sleiter. Vol. 28, No. 23. December 1, 1934, pp. 464 -66. Assembly of alarm clocks; plan of organization described. CONSTRUCTION Hydraulic Fill for Quabbin Dike. Engineering News - Record. January 24, 1935, p. 146. Unit prices given. DEPRECIATION Lang, B. W. Fixing Depreciation on the Basis of Business Volume. Cost and Alan - agement. February, 1935, pp. 34 -39. See also Food. ELECTRICITY See Heating and Ventilating. ENAMELING *Aldinger, R. Die Selbstkostenrechmnfg int Entailschtnelzwerk. Keramische Runa- schau. Vol. 42, No. 37 and 39. September 13, 1934, pp. 461 -63 and September 27, pp. 485 -87. Net cost accounting in enameling plants ; total costs divided in materials costs, wages, and operating costs, each of which is discussed and examples given. *T odd, W. Costing for Vitreous Enameling. Foundry Trade Journal. Vol. 51, No. 958. December 27, 1934, pp. 401-3; discussion, pp. 403 and 410. Deals with group of shops or departments under one management, engaged in preparation of parts for domestic household appliances; methods of cost analysis discussed under following groups: industrial, technical, commercial, and financial; main attention to technical use for establishing productive efficiency. FOOD Murray, Charles. Manufacture and Distribution of Bread. The Journal of Account- ancy. March, 1935, pp. 190 -200. Thies, John. Depreciation Takes on a New Meaning. Food Industries. February, 1935, pp. 59 -60. HEATING AND VENTILATING Study for Housing Project Shows Cost Savings with Heating from Private Electric Plant. Heating and Ventilating. February, 1935, pp. 26 -28. IC E C R E AM Kendall, H. H. The Effe ct of Increased Volume on Plant Production Costs. The Ice Cream Trade Journal. February, 1935, pp. 37, 40. INSURANCE Davies, G. Fay. Cost Accounting in Life Insurance Companies. Cost and Manage- ment. February, 1935, pp. 39 -52. Knapp, D. G. Accounting for Business Life Insurance. The Journal of Accountancy. March, 1935, pp. 179 -85. INVENTORIES Chan, Stephen. Treatment of Declines in Inventory Values. The Journal of Account- ancy. March, 1935, pp. 171 -75. Adopt Basic Principles of `Last In, First Out" Uniform Inventory System. American Petroleum Institute Quarterly. January, 1935, pp. 13 -I5. 848 Burroughs D U P L E X CALCULATOR IndividualTWOtotals SETSare OFobta DIALS ined in front A singleELECTRIC touch of a CLEARANCE key clears the front / dials; then, if desired, transferred to rear dials without transferring; another key dials for accumulation into a grand total. clears both dials simultaneously. Both The two sets of dials are well separated opera tions are electric. N o cranks to to avoid confusion. turn; no levers to pull. ELECTRIC TRANSFER FRACTIONAL CENT Tou ching the transfer bar enters the T he ma chine gives, o r takes, the half - amou nt o f t h e individual total in rear cent as desired; or accumulates fractional dials electrically, and clears front dials. amounts in the normal way. OTHER ADVANTAGES FASTER SUBTRACTION Complete one -hand control; uniform, E n t i r e l y n e w fe a t u r e p r o v i d e s th e light touch for all keys; fast, positive simplest method of subtraction on any action; accuracy electrically enforced; key- actuated calculating machine. mo to r d oe s the work . The Duplex is furnished in 9 and 13 column sizes. Write for illustrated folder. BURROUGHS ADDING MACHINE CO., DETROIT, MICH. WL 4 M LABOR Is Piecework on the Way Out? Factory Management and Maintenance. February, 1935, pp. 66-67, adv. pp. 50 -54. Five plant - operating men from five industries discuss F. J. Oliver's article on hour rates. According to these replies piecework is not on the way out. Oliver, Frank J. It's "Hour Rates" in Detroit. Factory Management and Mainte- nance. January, 1935, pp. 9 -10; adv. pp. 40 -42. Some of the reasons why a group of important automobile manufacturers find it expedient to abandon piecework and bonus. Zinck, W. C. Routine Control of Labor Costs. Factory Management and Mainte- nance. February, 1935, pp. 70 -71 ; 4 illustrations. MACHINE SHOPS Kluter, G. L. Wclded vs. Cast Iron Jigs and Fixtures. Iron Age. January 24, 1935, pp. 18 -21. Article contains cost data. MINING AND QUARRYING Jones, T. W. Quarry Budget System. Rock Products. January 15, 1935, pp. 47 -48. MOTOR BUSES *Stuckey, G. Body Maintemance vs. Depreciation. Bus Transportation. Vol. 14, No. 1. January 15, 1935, pp. 10 -12. Outline of some specific recommendations. MOVING PICTURE CHAINS Rickman, S. D. Acconnting for Motion Picture Theater Chain. Pathfinder Service Bulletin. January, 1935, pp. 1, 4 -5. POWER *Frisby, B. Bonus Systems for Industrial Plants. Engineering and Boiler House Review. Vol. 48, No. 1. July, 1934, pp. 22, 24, 26, 28 and 30. Advantages of bonus systems in connection with saving of fuel; methods discussed and analyzed. Thayer, P. M. Diesel Mainteivance Cost Analysis. Power Plant Engineering. Feb- ruary, 1935, pp. 97 -98. *Wight, L.