EDITORIAL STAFF E. L , S h a n e » Editor-in-Chief E. C. K r eu t z b e r c . Editor A. J. Hain Managing Editor E. F. Ross Engineering Editor G u y H u bba rd Machine Tool Editor I ). S. C adot Art Editor ASSOCIATE EDITORS G . H. M a n lo v e J. D. K nox W . G . G udf. G . W . B ir d sa l l Volume 107—No. 3 July 15, 1940 W . }. C a m p b e l l New York I. H . S u ch B . K . P r ic e L. E. B r o w n e READER COMMENTS 4 Pittsburgh Chicago R. L . H a rt fo r d ]. F . P o w e l l HIGHLIGHTING THIS ISSUE 19 Detroit Washington A. H . A l i .f n I.. M . L a m m NEWS London Administration Agrees to Five-Year Amortization 21 V in c e n t D f.l p o k t Arm), Navy Negotiate Aircraft Contracts Totaling $100,000,000 22 ASSISTANT EDITORS $136,743,900 in Contracts for Navy’s Air and Shore Defenses 22 A. R. Fin l e y Jav D l E u l i* Two-Ocean Navy Bill Authorizes 70 Per Cent Increase in Tonnage 23 1. C. Su ll iv a n I.a V e r n e N o ck Time Vital Element in Building Adequate National Defenses 23 G eo rg e U r ba n Youth Coes to Summer Schools To Learn Mechanical Skills. 24 New York Jo hn II. C a l d w e l l Dominion Moves To Aid Industry Obtain Machine Tools, Equipment 25 Labor Board’s Decision 99 Per Cent Invective, Says Weirton 26 BUSINESS STAFF Steelworks Operations for Week.......................................................................... 27 G. O. Mats Men of Industry......................................................................... • 28 Business Manager Scrap Inventories Reduced Nine Per Cent in First Quarter 33 C. H. Bailey Adrerrising Sender Railroads To Rule on Moderate Reduction in Rates to Southwest. 38 New York ............. E. \V. Kri u i /.iik r i; Obituaries • 39 B. C. S n e l l Pittsburgh ....................S. II. Jasper WINDOWS OF WASHINGTON ............................................................................... 30 Chicago ........................ I.. C. P e l o t t Cleveland R. O . Ja e n k f . MIRRORS OF MOTORDOM • .............. 35 D . C. K if .fEDITORIAL—Till f.r Death Us Do Part ................................................................... 4« J. W. ZuiiUR Circulation Manager THE BUSINESS TREND 4 ' MAIN OFFICE TECHNICAL Pcnton Building, Cleveland It Takes Health Plus Safety To Do the Job—By M. L. Robb 44 BRANCH OFFICES Coil Springs for Buicks ............................................................................................ 46 Neu> Vork........................ n o East 42»d Si. Process Alloys for Steclmaking Afford Important Improvements 52 Chicago............. 520 North Michigan Ave. Pittsburgh........................Koppcrs Building Making Bronze Bushings Efficiently—By H. Menck.................................... 61 Detroit ..................<>560 Cass Avc. A.S.T.M. Adds New Standards and Specifications for Metals...................... 64 Washington National Press Building Cincinnati ................. ,734 Carcw Tower Materials Handling San Irancisco \ 100 Norwood Ave. Handling Built-To-Order, Part II—By Walter Brooking 48 Oaklandt Cali/., Tel. Glcncourt 7550 ,W n n ................................ Caxton House Progress in Steelma\ing West mills ter. S.W, ; Flame Scarfing Increases Production— By John Hcfilcy 54 Metal Finishing lMK, l'KNTUN l*UHI4HHIN0 CO.. PurmM £ ld,,K- Glcvchwid, Ohio. John a New Process Is Developed lor Plating Metals onto Plastics 55 cj ‘a rr»*?u> or Hoard; E. !.. Shankr. Prïï p i- v r, \ rc&s,Ir<‘r: o. O. Hath. Vice 1 resident, k. C. Stkinkiiacii. Secretary. joining and Wilding pS m ÎumhÎi2il ,.ï,ure,lu1 °r Glrciilntlons; Awo- >&&'i£Sïït£Sv'n Shear Reinforcing for Concrete Beams 58 ill th r Designs Large Welders for Aircraft Work 62 rear ¿4 J e?!co anrt Gaimda. one eoum riii .» il I-*iroi»ean and foreign tesues) l&c r Single copies (current INDUSTRIAL EQUIPMENT ............................ 7° C,ai* m n!t<?r Rl U'e postom ce cViVSiu *hp :'cl <»f March 3. 1879. MARKET REPORTS AND PRICES 81 ,J *" by He Penion I* t> Wishing Co BEHIND THE SCENES 98 CONSTRUCTION AND ENTERPRISE. 103 INDEX TO ADVERTISERS PRODUCTION • PROCESSING • DISTRIBUTION • USE July 15, 1940 17 FIRST LINE OF NATIONAL DEFENSE Steel is essentially a peace­ panded its ore supplies—enlarged its blast time indusiry-and America's furnaces — increased open hearth and normal appetite for steel is great. electric furnace capacity—built new mills This is fortunate for all of us. and added new finishing equipment. But It permits steel producers to carry on more, Republic has built an organization year after year and to find employment of men who know steel. for hundreds of thousands of men. And now, seeing but dimly through the It makes management extend iiself to haze that clouds all business prophecy, remain competitive—io improve its produc­ but realizing our own deep responsibility. tion facilities—to better the quality of its old Republic, vital to peacetime prosperity, products—through research, to devise new pledges its every effort io help keep products—in order to win in the battle tor America the way we know it and love it markets that goes on apace in all industry. —to keep America safe for Americans— Republic has done exactly that and—in through steel, first line of national defense. the emergency now facing America—is in Republic Steel Corporation, Cleveland, O. a position io supply more and better steel —the first line of any nation's defense. Republic has invested millions of dollars in plants, in equipment, in research and in the training of men. Republic has ex- a PRODUCTION • PROCESSING • DISTRIBUTION • USE HIGHLIGHTING THIS ISSUE ■ AGREEMENT in principle as to permissible stems from this source in anticipation. United amortization of investment for plant and equip­ States attorney general shows a disposition (p. ment required for the national defense program, 30) to “soft pedal” antitrust activities at this as well as to profits on armament contracts, was time. Historic Cramp’s shipyard (p. 22) is to reached last week (p. 21) at a White House con­ be revived. ference. Amortization is to be on a five-year basis. The Vinson-Trammell provision which would have limited profits on naval and army Not only are occupational diseases compensable and navy aircraft construction to 7 to 8 per cent in many states but affected workers are a lia­ will be dropped; instead, the forthcoming excess bility to the employer. M. L. Robb (p. 44) says profits tax will be made to apply to those as well that a real health program as all other industries. This decision, if applied Real Health in any plant’ supplementing a liberally, should eliminate questions as to future safety program, pays well, solvency which in some cases have prevented Program Pays benefiting employes as well manufacturers from accepting government con­ as the employer. Walter tracts. J. Brooking (p. 48) discusses the design and fabrication of special racks which permit effi­ cient storage and handling of large and bulky Of vast importance to the metal producing items and special shapes, making it possible to and metalworking industries is the “two-ocean” utilize practically all of the cubical contents of navy bill now awaiting the President’s signature the storage space. Dewey M. McCain (p. (p. 23). Under this bill the 58) tells how lack of continuity in concrete Defense on navy, by 1946 or 1947, will beams may be eliminated by use of diagonal bars have 35 battleships, 20 air­ welded into place. Its Way craft carriers, 88 cruisers, 678 destroyers and 180 subma­ rines, signifying manufacturing activities of John Heffley reports (p. 54) that most of highly diversified character. Contracts for the steel at Republic Steel Corp.’s Buffalo plant army and navy planes amounting to $100,000,000 now is being surface-conditioned by scarfing. were placed last week, the first (p. 22) of a se­ One operator can treat six to ries to add 25,000 planes to our national defense. eight times as much steel with Other naval awards, as well as awards under the Eliminates a scarfing torch as by chip­ W alsh-Healey act (p. 24), reflect progress toward Bottleneck ping, with the result that a national defense. A Westinghouse survey, how­ production bottleneck has ever, indicates (p. 23) that many months will been eliminated. H. Menck (p. 61) reveals pass before armament in general can be pro­ duced in volume. the solution to the problem of producing brass bushings in both small and large lots. A clamp­ ing flange cast on the bushing makes it possible Steel production last week surged up 13 points to machine the latter in one setup, after which (p. 27) to 88 per cent of ingot capacity with ad­ the flange is cut off. Numerous new stand­ ditional gains in prospect. Order backlogs con­ ard specifications and tests are announced (p. 76) tinue to expand (p. 81) and by the American Society for Testing Materials. New process (p. 55) plates metals on plas­ Deliveries mills have fallen somewhat further behind in deliveries. tics. Ex teruled It is difficult to obtain bars in less than 30 days while some alloy bars used by the aircraft and machine tool builders are sold ahead for several months. While national defense requirements are not yet taking much tonnage directly, much business July 15, 1940 19 F o r a R e a l .Vac . T R Y T H E RVERSOII "Vacation without a W o r r y " PLAN RYERSON CERTIFIED STEEL PRODUCTS INCLUDE — Bars. Structural», Plates, Sheets, Tubing. Shafting, Strip Steel, Alloy Steels, Tool Steels, Stainless, Rulihill, Weld* iiiK Rotl, etr.