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R E A D E R C O M M E N T S ...
H I G H L I G H T I N G T H I S ISS U E N E W S
H o w Excess Profits T ax Bill Is S low ing D efense P ro g ram H o u se W ill Ease “ D raft W ea lth ” Provision in C o nscription Bill S teelw ork O peratio n s for W eek ...
P ig Iro n O p e ratin g Rate A dvances; Close to 90 P e r C en t in A u g u s t.
M en of In d u stry ...
G o v e rn m en t C o n trac t A w ard s for W eek ...
C arboloy M akes Sixth Price C u t Since 1929; S tan d ard izes T o o ls.
U rg e In d u strial D evelopm ent of N o rth w est as A id to D efense
“ Use Present Capacity Before B u ild in g P lan ts E lsew here” ...
F inancial
A ctivities o f Steel U sers, M akers O b itu aries
M eetings
W IN D O W S O F W A S H I N G T O N M IR R O R S O F M O T O R D O M
E D IT O R IA L — O ne Bad E gg Spoils the O m elet T H E B U S IN E S S T R E N D
T E C H N I C A L
R educing the Cost of M etal S praying— By E. T . P ark in so n
“G e are d " M agnets H e lp T re a t D isks E re c tin g Steel T o w ers— By F . L . Spangler A Broach R epair M ethod
Materials Handling
C o n tin u o u s P ig C astin g — By R eginald T rau tsch o ld
Progress in Steelmaking
S tra n d H e a t T re a tin g C old Strip— By N o rm a n P . G o s s a n d C u rtis V a u g h an
Joining and Welding
P rogressive Assembly w ith Resistance W e ld in g G u n s
Surfaee Finishing
H ig h ly M echanized F in ish in g L in e for T ra n s fo rm e r Cases I N D U S T R IA L E Q U I P M E N T
H E L P F U L L IT E R A T U R E
M A R K E T R E P O R T S A N D P R IC E S B E H I N D T H E S C E N E S
C O N S T R U C T I O N A N D E N T E R P R IS E IN D E X T O A D V E R T IS E R S
4
1923
2 5
26 27-28
.3.5
3 8 3 8
39
40 404 1
3 i
35
4 2
43
46
49
64 6 65«
5 2
5 8
7 0
6 8
73 75 90 96
1 0 4H.
PRODUCTI ON • P R O C E S S I N G • D I S T R I B U T I O N • USE
September 9,
194017
C lev elan d A u to m a tic R oll Feeds, which a r e d esig n ed w ith five o r sev en straight*
e n ln « ro lls a n d w ith tw o o r fo u r feed ro lls, c a n b e fu rn ish e d to accom m odate v a rio u s w id th s a n d th ick n esse s o f m a te r ia l u p to a n d in c lu d in g 78" of T h e s p rin g lo ad ed u p p e r ro lls a r e raised a n d low ered h y d ra u llc a lly an d have screw a d ju s tm e n t f o r a n y d esired s e t
ting.
T h e u n it is d riv e n by h y d rau lic m o
to r o p e ra te d by a h y d ra u lic pu m p in c o rp o ra tin g v alv in g a rra n g e m e n t and th is p u m p is d riv e n by a n electric m o to r. B o th o f th e se m o to rs and
I
I h e p u m p a r e lo cated in th e base.T h e e lectric c o n tro l, w ith th e excep
tio n o f th e p u sh b u tto n p an el, is lo
c a te d in o n e end o f th e b a se an d o u t
le ts h a v e b een pro v id ed fo r connect
in g in th e R oll F eed w ith th e P ress i a n d w ith th e U neoiler. o r both, so
I
th a t all m ay be o p erated sim ulta n eo u sly .
I T h e d ial, show n on th e r ig h t hand 1 sid e, in d ic a te s th e le n g th o f feed, B a n d th e tim er a r ra n g e m e n t, w ith B w h ich th is R oll F eed is equipped, op*
I e r a tc s w ith u n u su a l a c cu rac y re- I g a rd le s s of slip on th e feed rolls 9 sin ce th e tim er u n it is d riv en Inde
p en d e n tly by th e sh eet.
T h is C lev elan d H eav y D u ty U neoiler t a k e s a 18 to n coil. 7 8 " w id e a s a m a x im u m . H ow ever, it Is p ro v id ed w ith a d ju s ta b le end gu id es to ac co m m o d a te v a rio u s w id th s o f co ils.
T h e U n eo iler is d esig n ed w ith a ta b le a r r a n g e d w ith lo c atin g s to p s so th a t, w h ile th e coil in th e c a rr ia g e is b ein g fed Into th e P re s s, a n o th e r coil c a n be lo a d ed o n to th e p la tfo rm behind th e se sto p s . W hen th e coil o n th e p la tfo rm is re le a se d b y trip p in g th e lo c atin g sto p s, it ro lls in to p la c e o f its o w n acco rd .
T h e c a rr ia g e is ra is e d b y m o to r pow er to receiv e th e coli a n d th e n low ered in to Us o p e ra tin g p o sitio n a n d th e c y c le o f lo a d in g re p e a te d . T h e p u rp o se o f th is m e th o d o f lo a d in g is to e lim i n a te sh o c k o n th e c a rr ia g e su ch us o cc u rs w h en th e coil is d ro p p ed In to th e c a rria g e .
T h e ra is in g a n d Unvoting o f th e j c a rr ia g e is co n tro lle d b y m e a n s o f lim it sw itc h e s a n d th e coll loop I is d e te rm in e d b y a n o v e rru n lim it sw itch w h ich d o es n o t in te r f e r e s w itch w h ich d o es n o t in te r f e r e w ith th e lo a d in g o f th e c a rr ia g e . A d d itio n al in fo rm a tio n o n C lev e
la n d R oll Feeds an ti C leveland A u to m a tic U n eo iler? w ill be f u r b ish ed o n req u est.
t i I(( h L ! in (P/m m . t h e C l e v e l a n d p u n c h * s h e a r w o r k s c o m p a n y C f o v e f a n d , 6 f u *
P I T T S B U R G H
N E W Y O R K CHI CAGO D E T R O I T PH I LAD E L P H I
/T E E L
¿¡“ Ü B □ ß
P R O D U C T IO N • P R O C E S S IN G • D IST R IB U T IO N • USE
H I G H L I G H T I N G
T H I S I S S U E
■ TESTIMONY before th e sen a te finance com mittee last w eek (p. 2 1 ) revealed clea r ly that recent delays in th e n a tio n a l d efen se program have been due to u n certa in ty over profits and amortization. W hile th e debate on th e ex cess profits tax s till is in p rogress, the sen ate is expected to m ake fa r-rea ch in g ch a n g es in the house draft. T h ese, it is exp ected , w ill en able m anufacturers to ta k e g overn m en t con
tracts w ith a g rea ter d egree o f assurance. Con
versely, the h ou se (p . 2 2 ) is ex p ected to p ass a m ilitary tra in in g bill w ith a m uch le s s d rastic
“draft in d u stry” provision than th a t approved by the senate. D esp ite lack o f final action on these bills, la s t w eek ’s a rm am en t aw ards (p. 27) were im pressive.
In em bryonic sta g e is a plan fo r large-scale defense in d u stries (p . 3 8 ) in th e N o rth w est.
These w ould be based on lo w -co st elec tric power and w ould be aim ed at tak in g D e f e n s e care °* our d efen se require-
m e n ts in and a lo n g th e P a i n I S o r t h i c e s t cific ocean. In th is and
num erous o th er p rojects th at would bring w ide relocation o f in d u strial ac
tivities, m any m a n u fa ctu rers see cau se for con
cern. P ittsb u rgh in te r e sts, fo r exam p le, pro
pose use o f e sta b lish ed p la n ts (p. 38) before new ones are built . . . In one com m unity alone, P aterson, N . J., 686 m en trained under the governm ent program (p. 32) have been placed in plants w ork in g on d efen se orders . . . Defense com m ission (p. 3 1 ) req u ests avoidance of hours in ex c e ss o f 40 a w eek w h erever p os
sible.
Steel production la st w eek (p. 2 3 ) averaged 82 per cent due to th e L abor d ay lu ll but im
m ediately snapped back. D em and tends to sw e ll (p. 7 5 ) in d ica tin g m ain
ten an ce o f n ea r-ca p a city pro
duction for an indefinite period. W ar and national d efen se rem ain im portant fa c tors in current b ook in gs. S tru ctu ral aw ards, for exam ple, m oved to th e h ig h est level o f the
Heavy S t e e l D a t pu t Seen
year w ith large orders for defen se p lan ts. A u tom otive specifications are brisk. E n glan d co n tinues to take h eavy sh ip m en ts . . . N ew e x tras are ou t (p. 82) on hot-rolled, plain-carbon plates and floor p lates and on hot-rolled a llo y steel. F erroalloy prices are reaffirm ed. Scrap prices are up further. P rices on cem ented ca r
bide m etals (p. 33) are low er.
M etal-spraying process is finding m an y new applications, sa y s E. T. Parkinson (p. 4 6 ), be
cause its u sefu ln ess has been enhanced. C osts have been reduced sharply,
C u t M e t a l d ep ositin g efficien cy has been im proved through h igh er
S p r a y in g C o s t speeds and th ick er d eposits and str e n g th o f bond to the base m aterial is greater. It now is p ossible to deposit a layer a s thick a s 12-inch w ith one pass o f the m etallizin g gun. . . . A new chain conveyor finishing line at a P ittsb u rg h tra n s
form er case plant (p. 70) com bines in regu lar sequence th e op eration s o f clean in g, ru st-p roof
ing, drying, p ain tin g and baking. . . . A new pig iron c a stin g m achine in C anada (p. 50) h as in terestin g featu res.
N orm an P. G oss and C urtis H. V au gh an (p.
5 2) d iscu ss continuous n orm alizin g o f cold r e duced strip steel. T hey reveal procedure for ob tain in g b est resu lts for deep d raw in g and o th er pur
p oses requiring sp ecial prop
e r tie s. Grain size control, for exam ple, depends on th e speed o f th e strip in tra n sit th rou gh th e furnace. . . . Standard resista n ce gu n s w ith su itab le fixtures fa cilita te p rogressive w eld in g a ssem b ly (p . 58) o f som e 52 sep arate parts th at form th e body o f a w ell-know n h a rv estin g com bine. . . . D ue to im portance o f to o lin g under present co n d i
tions, repairing o f to o ls w hen p ossib le is e s s e n tia l; a broken broach (p. 6 6 ) recen tly w as re
paired b y low -tem perature brazing, a m ethod w hich offers w ide p ossib ilities.
Cold S t r i p f o r m a l i z i n g
September 9,
1940V C I I s t r o k e o f a p r e s s r e p r e s e n t s d o l l a r s e x p e n d e d f o r f i x e d c h a r g e s , l a b o r a n d o v e r h e a d . T h a t i s w h y t h e g r e a t e r t h e n u m b e r o f o p e r a t i o n s p e r f o r m e d t o c o m p l e t e a p a r t , t h e h i g h e r
b y m a n y l e a d i n g m a n u f a c t u r e r s w h o u s e I n l a n d S h e e t s m a d e e s p e c i a l l y t o m e e t t h e i r f a b r i c a t i n g a n d p r o d u c t r e q u i r e
m e n t s .
i s i t s u n i t v a l u e . W h e n b r e a k a g e o c c u r s a l l t h e v a l u e p u t i n t o a p a r t , i n c l u d i n g t h e c o s t o f s t e e l , i s w a s t e d .
T h i s l o s s i s b e i n g h e l d t o t h e m i n i m u m
I n l a n d m e t a l l u r g i s t s w i l l g l a d l y c o o p e r a t e i n s o l v i n g y o u r s h e e t f o r m i n g p r o b l e m s . T h e i r s e n d e e s a r e w i t h o u t o b l i g a t i o n . C a l l o r w r i t e y o u r n e a r e s t I n l a n d
o f f i c e .
S H E E T S P I L I N G
S T R I P • T I N P L A T E R A I L S
B A R S • T R A C K A
P L A T E S • F L O O R P L A T E S • S T R U C T U R A L S C C E S S O R I E S • R E I N F O R C I N G B A R S
3 8
S. Dearborn St., CHICAGO • District Offices: MILWAUKEE • DETROIT • ST. PAUL • ST. LOUIS • KANSAS CITY •
CINCINNAW h e n U n i t V a l u e s A r e H i g h
Assure Low Forming Cos t s With Inland Sheets
H o w E x c e s s P r o f i l s T a x B i l l I s S l o w i n g D e f e n s e P r o g r a m
W it n e s s e s , i n S e n a t e C o m m i t t e e Hearing, P o i n t t o f a u l t s . M e a s u r e P a s s e d b y Hous e M e e t s M u ch Di ss at i sf a ct i on.
H ou s e Will M o d e r a t e “ Cons cr ipt I n d u s t r y ’ Provision.
W e e k ’s D e f e ns e Ord ers Ag gr e ga te $118,000,000.
W A S H I N G T O N S FAR-REACHING changes in the excess profits tax bill passed by the house are likely to resu lt from se n ate deliberations now under w ay.
Most witnesses at the hearings held last week expressed d issatisfaction With the house m easure. This dis
satisfaction com es not only from business men but also from influen
tial senators.
Senate finance com m ittee m ay re
port the bill out early this w eek.
As gag rule cannot be em ployed, It is hazardous even to g u ess how long the upper chamber w ill debate the bill. Follow ing approval by the senate the m easure m ust go to conference and then be repassed by both houses.
Delay in enacting a fair excess profits tax and am ortization b i l l - coupled by Presidential in sisten ce—
is generally viewed a s a m ajor re
tarding influence in the defen se pro
gram.
William S. Knudsen, Leon H en
derson, John D. B iggers and Donald Nelson, of the defense com m ission, attacked the treasury-sponsored Plan at comm ittee hearings.
At the same tim e, Mr. Knudsen, emphasizing that h e w as speaking for himself alone, inferentially criti
cized the present bill’s "penalty tax”
provisions, which also have been attacked by som e senators.
Pointing out that the lev y is known as the "excess-profits tax,”
Knudsen declared that “it seem s fair that this should be a tax on earnings above their normal past record, and not a tax based solely
°r largely on earnings above an arbitrary per cent or standard.
Mr. Knudsen also said: “I do not
think a penalty tax should be im
posed on normal earnings. If the governm ent needs more revenue, w hy not obtain it by flat increase in the corporation tax rate?”
The restrictions in the bill, which the defense com m ission unanim ous
ly disapproved both in testim ony and in a form al letter to the finance com m ittee, would apply to new plant facilities erected under a spe
cial amortization provision allow ing their entire cost to be subtract
ed from taxable net income in five years.
The restrictions consist of a pro
vision that these facilities could not be destroyed or even substantially altered unless the secretary of war or navy either gave w ritten consent or bought the property at a reduced price.
D efeats Own Purpose I f this lim itation rem ains in the bill, it w ould “tend to defeat the very purpose o f the amortization provisions and thereby impede the defen se program,” Mr. Knudsen asserted.
E xpressing full agreem ent with the treasury that the interests of th e United States m ust be protect
ed, Mr. Knudsen declared that this aim could best be achieved by indi
vidual contracts rather than the less flexible term s of a law.
R etention o f the restrictions would “lead to a dearth of help from private capital,” he said, but if the am ortization provisions are accepted with the “strin gs,” he pre
dicted that there w ould be no trouble in carrying through plant expansion for the defense program very largely w ith private capital.
So far, one w itn ess stated, mast of the m oney has been put up by the governm ent.
Mr. Henderson, securities and e x change com m issioner, and one of the N ew D eal's leading econom ists, warned that “you m ight as w ell drop the am ortization provisions”
if the restrictions are retained on the subsequent u se of the new ly built plant facilities to w hich the liberal am ortization privileges would apply.
“You w ould be sayin g that the m anufacturer has to give up his facilities to th e governm ent.”
D eclaring that “the so le purpose in recom m ending the am ortization provisions w as to encourage the u se of private capital,” Mr. B iggers asserted the proposed restrictions
“w ould in effect n u llify” the am or
tization features.
“Considerably sharper negotia
tions” are being carried out on the part o f the governm ent than dur
ing the last war, Mr. Henderson asserted. Under the “alert proce
dure” now follow ed in w atching prices, he said, the governm ent has already obtained tw o articles in large quantities at a low er price than ever before.
Mr. B iggers inform ed the sen ate com m ittee that three plans would be follow ed in respect to financing new plants for defense m aterials:
(1) W holly by private capital, which is to be encouraged by the am ortization provisions.
(2) By private capital, but re
paid by the governm ent, w hich at the end o f the em ergency period could sell the plant back to the private m anufacturer.
(3) Entirely by the governm ent.
21
w hich w ould retain the plant in the sa m e w a y th at it now ow ns arsenals.
W ith the "string" giv in g the go v ernm ent ultim ate control even o f the privately financed plants, "the private m anufacturer w ill not avail h im self o f plan 1, and th e w hole load w ill fall on the governm ent through plans 2 and 3,” said Mr.
B iggers.
John L. Sullivan, a ssista n t secre
tary o f the treasury, indicated in an sw er to q uestions that he thought it m ight be p ossib le to w ork a pro
vision for p erm issive filing o f con
solidated returns into th e pending bill.
In reply to a question by Chair
m an H arrison a s to w hether som e fiat percentage above that paid by other industries should not be im posed on d efen se contractors and subcontractors, Mr. Sullivan said he w ould prefer to d iscuss the sub
ject first w ith defen se officials to determ ine w h eth er such a provision w ould delay the arm am ent program .
Mr. Sullivan expressed d isagree
m ent, contending that even those industries w hich realized no direct benefits from arm s spending would realize indirect returns.
In response to a question by S enator Byrd, he said that the United S ta tes S teel Corp. would pay a tax o f about $7,500,000 on su rp lu s profits o f $26,000,000 or
$28,000,000 in 19-10 und?r th e bill as it now' stands.
The treasury w itn ess expressed the opinion that it would be “e x ceedingly difficult” to im pose a special differential tax on defense subcontractors because o f the diffi
cu lty o f d ctetm in in g w hat portion o f their exp en ses and profits should be charged to governm ent business.
“I think the A m erican people feel that th ose w ho are goin g to m ake m oney out of these defense con
tracts ought to p a y th e big part o f this,” Senator H arrison remarked.
T axes N orm al Profits A subcom m ittee on revenue le g is
lation. U nited S tates Cham ber o f Com m erce, holds that "enactm ent of the present m easure w ould depress business a ctivity and jeopardize the d efen se program , private financing and the paym ent o f outstanding debts. It w ould disturb th e m arkets for com m odities and secu ritie s and produce other serio u s repercus
sion s.”
It a lso a sserts that "under the gu ise o f taxin g ‘ex cess’ profits, the bill im poses d isastrou s taxes upon profits w hich arc only norm al and essen tia l and n ot in any s e n s e e x cessive, and not even rem otely re
lated to ex p en d itu ies for national d efen se.”
The com m ittee repeats the recom m endation th at am ortization should
be considered separately from the ex cess profits tax feature, and be prom ptly enacted, and th a t m ore tim e should be given to the d raft
ing o f a practical profits tax bill.
D iscu ssin g the m ajor objections to th e revenue bill the com m ittee stated: “T he bill a s adopted by the h ou se is practically im possible o f com prehension. U nquestionably years of dispute and litigation would be necessary' before tax lia
bilities could be determ ined, despite its declared purpose o f m aking such liabilities definite and certain.
“Under the g u ise o f taxin g ‘e x cess’ profits, the bill im poses d isas
trous taxes upon profits w hich are only norm al and essen tial, and not in any' se n se excessive, and not even rem otely related to expenditures for national defense. Its drastic structure o f rates is applied w ith
out regard to th e relation o f incom e to actual invested capital or the relation o f ex cess profits to real norm al profits. T he m easure m akes no real effort to ascertain ex cess profits.
89
ALTHOUGH th e house o f repre
sen ta tiv es w ill p ass a m ilita ry train in g bill w hich w ill contain som e kind o f a “d raft industry” provision, it is expected this provision w ill not be a s drastic a s the sen ate bill.
T he m ilitary affairs com m ittee of the house h a s proposed an am end
m ent m odeled a fte r th e 1916 provi
sion fo r d raftin g industry. S everal other m od ifyin g am endm ents have been introduced in th e house.
H ou se m ilitary affairs com m ittee w hich handled th e bill adopted by a m argin o f one v o te the su b stitu te
“d raft industry” am endm ent g iv in g the governm ent priority or plant ren tal p rivileges for n ation al d efen se contracts, in place o f th e sen ate provision to condem n and ta k e over private plants. This am endm ent, offered by R ep resen tative Sm ith, C onnecticut D em ocrat, carried 12-11.
The S m ith proposal is copied from th e ex istin g national d efen se act, except th at it w ould ap p ly im m edi
ately upon p a ssa g e o f the d ra ft bill, w h ereas the d efen se act is inopera
tive except during w ar or th e im m i
n en ce o f w ar.
A m endm ent sets forth that th e w ar or n avy d epartm ents m ay require an y firm to p lace ahead o f all other orders th e m anufacture o f arm s, am m unition or any other n ecessary su p p lies for th e arm y or navy.
It a lso authorizes th e tw o depart-
“It so applies the concept of aver
a g e earnings over a period of years, as a basis for tax upon excess profits, a s to preclude its use in m ost cases. It can be fairly said to have em asculated this idea which has been so wddely supported as a fair basis of differentiating between norm al and excess profits.
“T h e invested-capital base pro
posed is arbitrary and illogical bearing little relation to realities.
It requires impossible computations.
“The m easure does not make ado qu ate provision for special relief to th ose w'ho, by reason of its in
volved and technical terms, will re
ceive such harsh treatment as to am ount to gross injustice.
“The expectation, encouraged by official announcem ent and the pro
posal o f the w ays and means sub
com m ittee, o f adequate provision for am ortization to protect against capital losses in connection with d efen se facilities has not been fully realized because of the inclusion of som e unnecessary restrictions," the co m m ittee said.
factu re o f such articles.
In ev en t any company refuses to take such orders at reasonable prices, determ ined by the secretary o f w a r or secretary of the navy, t,.e P resid en t w'ould be authorized to tak e im m ediate possession of the plants and proceed with the manu
factu re through an appropriate go\- ern m en t bureau.
The am endm ent states that the com pensation or rental for the u*- o f any factory' under these condition»
“sh a ll be fair and just..“
P en a lty for failure to comply w ould be im prisonm ent for not more than three years and a fine of n*
m ore than $50,000. To protect the rig h ts o f labor, th e following proviso is included in the amendment:
“N o th in g h erein shall be deemed to render inapplicable existing sta or federal la w s concerning use health, sa fety , security and employ m en t standards o f the employe®
such plant.”
Principal argum ent used against the Russell-O vcrton amendment m th e S en a te bill w as that it author
ized th e governm ent to institute co dem nation proceedings at the am it took p ossession of a factory aiI thereby m ade the government ev en tu a lly th e ow ner of the plan •
H o u s e W i l l « o s e - ‘ D r a f f W e a l t h "
P r o v i s i o n i n C o n s c r i p t i o n H i l l
m en ts to place such orders with any plan t th a t m ay be readily tram- form ed into a factory for the manu-
/ T E E l
P R O D U C T I O N . . . » « i v . .
1 STEELWORKS operations last w eek dropped 9'.-i points to 82 per cent, due to Labor day. Production the rem ainder of the week w as as heavy as in the corresponding period in th e previous w eek. Two districts gained slightly, seven declined, and three w ere unchanged. A year ago the rate was 62 per cent; tw o years a go It '
St. Louis—Steady at 80 per cent, 20 of 28 open hearths active.
Birmingham, Ala.—With 21 open hearths in production the rate held at 88 per cent. Republic S teel Corp.
will light another furnace shortly.
Detroit Labor day caused no In
terruption to production here and the rate advanced 1 point to 94 per cent. Ford Motor Co. operated all ten open hearths one day last w eek, the first time in several years.
Cincinnati- Slipped 9 points to 68 per cent because of the holiday in-
■as 41 Mi per cent.
terruption. R ecovety is scheduled for this week.
Cleveland Dropped 9 points to 81 per cent, although som e plants op
erated on Labor day. The rate w ill m ove higher this w eek.
Pittsburgh Average operations for the w eek were 72 per cent, down 14 & points.
W heeling—Output for the week w as off 18 points to 80 per cent, though m ills operated at 98 per cent except for the holiday.
N e w England -One open hearth
S t e e l I n g o t S t a t i s t i c s
Calculated ^
C a l c u l a t e d M o n t h l y P r o d u c t i o n —-A ll C o m p a n i e s — - W e e k ly N u m b e r
— O p e n H e a r t h — B e s s e m e r T o t a l — — p r o d u c - o f P e r c e n t P e r c e n t P e r c e n t tt o n , a l l w e e k s
, N e t o f N e t o f N e t o f c o m p a n i e s in
* e rl° u t o n s c a p a c i t y t o n s c a p a c i t y t o n s c a p a c i t y n e t t o n s m o n t h 1948 k fp o rifd by C o m panies w h ich In 1939 m ade 97.97f:» o f O pen H e a rth an d 100% o f H essem er.
J a n ... 5 ,3 6 9 ,6 0 1 8 6 .4 0 2 8 5 ,7 1 4 5 6 .1 0 5 ,6 5 5 ,3 1 5 84.11 1 ,2 7 6 ,5 9 5 4 .4 3 Feb, 4 .2 0 3 ,5 0 8 7 2 .3 7 2 0 5 ,5 2 7 4 3 .1 9 4 ,4 0 9 ,0 3 5 7 0 .1 6 1 ,0 6 4 ,9 8 4 4.14 M arch . . . 4 ,0 7 3 ,1 9 6 6 5 .5 4 1 9 1 .5 5 9 .37.62 4 ,2 6 4 ,7 5 5 6 3 .4 2 9 6 2 .6 9 9 4.43 A pril ... 3 .7 9 8 ,3 7 1 6 3 .1 1 1 7 6 ,3 3 5 3 5 .7 6 3 .9 7 4 ,7 0 6 6 1 .0 4 9 2 6 ,5 0 5 4 .2 9 M ay ... 4 ,5 8 2 ,6 9 4 7 3 .7 4 2 5 8 ,7 0 9 5 0 .8 0 4 .8 4 1 .4 0 3 7 2 .0 0 1 ,0 9 2 ,8 6 7 4.4M J u n e ... 5 ,2 2 8 .5 2 9 8 6 .8 8 30 4 .3 8 1
3 2 2 ,3 6 2
61 .7 2 5 ,5 3 2 ,9 1 0 8 4 .9 7 1 .2 8 9 ,7 2 3 4 .2 9 J u ly ... 5 ,2 7 2 ,7 0 8 8 5 .0 3 6 3 .4 4 5 .5 9 5 0 7 0 8 3 .4 0 1 ,2 6 5 .8 5 3 4 .4 2 Aug... 3 ,6 6 3 ,3 6 3 9 1 .1 3 3 6 9 ,6 7 4 7 2 .5 9 6 ,0 3 3 ,0 3 7 8 9 .7 2 1 ,3 6 1 ,8 5 9 4 .4 3
8 n » s ... 38,191,970 . .*•* 2 ,1 1 4 ,2 6 1 4 0 ,3 0 6 ,2 3 1 1,156,231 3 4 .8 6
1939 Krpartcd by C om panie* w hich in 1939 m ade 97.97% of O pen H e a rth a n d 100% o f B essem er.
J a n . . . .
Feb... 3 ,4 1 3 ,7 8 3 5 5 .3 5 1 6 3 ,0 8 0 2 7 .2 2 3 ,5 7 8 ,S 6 3 5 2 ,8 3 8 0 7 ,8 7 0 4 .4 3 3 ,1 4 9 ,2 9 4 5 6 .5 5 2 1 9 ,6 2 1 4 0 .1 0 3 ,3 6 8 ,9 3 5 55 .0 7 8 4 2 .2 2 9 4 .0 0 M arch
A pril . . . . M ay . . J u n e . . . Ju ly
Aug.
3 .6 2 1 ,1 7 7 5 8 .7 1 2 1 7 .9 5 0 3 5 .9 3 3 ,8 3 9 ,1 2 7 5 6 .6 7 8 6 6 ,6 2 0 4 .4 3 3 .1 2 2 ,4 1 8 5 2 .2 7 2 3 0 ,3 5 6 3 9 .2 2 3 .3 5 2 ,7 7 4 51.11 7 8 1 .5 3 2 4.29 3 ,1 0 4 ,6 9 7 5 0 .3 4 1 9 0 .4 6 7 3 1 .4 0 3 ,2 9 5 ,1 6 4 4S.64 7 4 3 ,8 2 9 4 .4 3 3 .3 1 4 ,0 1 2 5 5 .4 8 2 0 9 ,8 6 8 3 5 .7 3 3 ,5 2 3 ,8 8 0 53.71 8 2 1 .4 1 7 4 29 3 ,3 0 8 ,0 2 9 5 3 .7 5 2 5 6 .7 9 8 4 2 .4 3 3 ,5 6 4 ,8 2 7 5 2 .7 4 8 0 6 ,5 2 2 4 .4 2 3 .9 6 5 .5 1 5 6 4 .2 9 2 7 6 .4 7 9 4 3 5 8 4 .2 4 1 ,9 9 4 6 2 .6 2 9 5 7 .5 6 1 4 .4 3
8 mos. . . . 2 6 ,9 9 8 .9 2 5 1 ,7 6 6 ,6 3 9 2 8 ,7 6 5 .5 4 4 8 2 8 ,5 0 0 3 4 .7 2
8#pt. . Oct. . . . Nov.
Dec...
4 ,4 3 6 ,7 9 2 7 4 .4 5 5 6 .7 7 4 ,7 6 9 ,4 6 8 7 2.87 1 ,1 1 4 ,3 6 2 4 ,2 8 5 .6 2 6 ,6 8 5 9 1 .2 2 4 5 3 ,4 9 2 7 4 .7 7 6 ,0 8 0 ,1 7 7 8 9 .7 5 1U372.5O0 4.43 5,69-1,788 9 5 .3 4 4 5 2 ,9 9 5 7 7 .1 2 6 ,1 4 7 ,7 8 3 9 3.71 1 ,4 3 3 ,0 5 0 4.2 9 5 ,4 6 8 .8 8 0 8 8 .8 7 3 5 3 ,1 3 4 5 8 .3 5 5 ,8 2 2 .0 1 4 8 6 .1 3 1 ,3 1 7 ,1 9 S 4 .4 2 T o ta l . . . 4 8 .2 2 6 ,0 7 0 6 6 .4 3 3 ,3 5 8 ,9 1 6 4 7 .0 5 5 1 ,5 8 4 ,9 8 6 6 4 .7 0 9 S 9 ,3 5 5 5 2 .1 4
of 1-
5 2 0 ,- ,,£,er.c ‘! n la if e s o i c a p a c i t y f o r 1 9 3 9 a r e c a l c u l a t e d o n w e e k l y c a p a c i t i e s r 2 4 9 * 1 , , l 0 1 s « P e n h e a r t h I n g o t s a n d 1 3 6 ,9 1 8 n e t t o n s B e s s e m e r I n e o t s , t o t a l 1 tnen»* b a s e d o n a n n u a l c a p a c i t i e s a s o f D e c . 3 1 . 193S , a s f o l l o w s : O p e n h e a r t h
» R J S S S s S P m H , o n s ; B e s s e m e r I n g o t s , 7 .1 3 8 .S S 0 n e t to n s .
r,f i 4m f f i f c c n .l a 8 e s ° f c a p a c i t y o p e r a t e d f o r 1 9 4 0 a r e c a l c u l a t e d o n w e e k l y c a p a c i t i e s
! ,5 1 7 r 4 ; * t o n s 0 P c n h e a r t h I n g o t s a n d 1 1 4 .9 5 6 n e t t o n s B e s s e m e r I n g o ts , t o t a l h e a r t h ? , ,
*£21?
b a s e d o n a n n u a l c a p a c i t i e s a s o f D e e . 3 1 . 19 3 9 a s f o l l o w s : O p e na I n g o ts , ,3 .3 4 3 .5 4 7 n e t t o n s ; B e s s e m e r i n g o t s , 6 ,0 0 9 ,9 2 0 n e t t o n s .
D i s t r i c t S t e e l R a t e s P e r c e n t a g e o f I n g o t C a p a c i t y E n g a g e d
I n L e a d i n g D i s t r i c t s
W e e k S a m e
e n d e d w e e k
S e p t. 7 C h a n g e 1 9 3 9 1 9 3 « P i t t s b u r g h . . . . 7 2 - 1 4 . 5 5 5 3 2 C h i c a g o ... . 8 4 .5 — 1 4 .5 51 3 8 E a s t e r n P a . . . . 7 9 10 4 6 31
Y o u n g s t o w n . . 7 5 — 9 57 4*1
W h e e l i n g ... . 80 — 1 8 8 0 4 9
C l e v e l a n d 81 - 9 6 8 4 3 .5
B u f f a l o . . . 9 0 .5 N o n e 6 0 .5 4 9 B i r m i n g h a m . . 8 8 N o n e 7 0 5 6
N e w E n g l a n d . . 8 5 + 5 7 0 6 0
C i n c i n n a t i . . . . 6 8 9 5 7 6 0
S t . L o u i s . . 8 0 N o n e 6 2 4 2
D e t r o i t ... 94 + 1 9 9 6 7 A v e r a g e ... 8 2 9 .5 6 2 4 1 .5
w as added, raising the rate 5 points to 85 per cent in sp ite o f Labor day closing.
Buffalo M aintained 901b per cent for the third w eek. Tw o m ills w ill add open hearths this w eek.
Y oungstow n, O. Off 9 points to 75 per cent. Republic S teel Corp.
suspended one open hearth and Sharon Steel Corp. added one.
Schedule for this w eek is 86 per cent.
C hicago- -Steel production last w eek w as at about 84 % per cent of capacity, down 1 4 ‘4 po’nts.
Central eastern seaboard ■ De
clined 10 points to 79 per cent, the w eek’s average.
A u g u s t I n g o t O u t p u t N e a r H i g h e s t R e c o r d s
■ Production of open-hearth and bessem er ingots in A ugust totaled 6,033,037 net tons, according to the American Iron and S teel institute!
Tills w as the third h igh est m onthly output in history, exceeded on ly by 6,080,177 tons in October and 6,- 147,783 tons in N ovem ber, 1939.
A ugust output w as 8 per cen t larger than Ju ly’s and 40 per cent over A ugust last year.
D aily average production in Au
g u st w a s 1,361,859 tons, represent
ing 89.72 per cent of capacity, com pared w ith 1,265,853 tons, 83.40 per cent, in July. In A ugust last year daily average output w a s 957,561 tons, 62.62 per cent.
E ight m onths production this year w as 40,306,231 tons, com pared w ith 28,7©,544 tons in the corre
sponding period la st year.
N e w O s b o r n D i v i s i o n
■ J. M. & L. A. Osborn C o- Cleveland, has purchased a ss e ts and good w ill o f the Moist* S teel Co., C incinnati. This new Osborn divi
sion w ill be conducted by th e for
m er M oise personnel and from th e sam e location, 3240 Spring G rove avenue, w here stock s have been greatly increased.
September 9.
194023
2 0 P e r C e n t o f J u l y S t e e l P r o d u c t s E x p o r t e d
■ S teel products made for sa le in Ju ly totaled 4,173,839 net tons, ac
cording to th e A m erican Iron and S teel institute. T his w a s nearly 10 per cent m ore than 3,802,485 tons m ade in June.
The am ount exported in Ju ly w as 835,385 tons, or 20 per cent o f ou t
put. T his is the h igh est proportion sh ow n sin ce the in stitu te began to report figures m onthly, beginning
w ith April this year. C om parisons:
O u t p u t E x p o r t e d P e t . A p r i l . . . 3 ,0 0 5 ,2 1 8 3 7 1 ,5 3 2 1 2 .37 M a y . . 3 ,5 7 6 ,8 6 0 4 7 6 ,7 6 1 1 3 .3 3 J u n e . . . 3 ,8 0 2 ,4 8 5 6 0 1 ,6 6 8 . 1 5 .8 J u l y ____ 4 ,1 7 3 ,8 3 9 8 3 5 ,3 8 5 2 0 .0
Output in th e first seven m onths this y ea r w as 24,896,782 tons; com parative figures for the identical m onths la st year are not available.
The tonnage for the first nine m onths last year w a s 22,572,553, and for th e 12 m onths, 34,687,861.
Exports in the seven m onths this year am ounted to 3,606,186 tons.
B e s s e m e r F l a m e C o n t r o l P r o c e s s P a t e n t e d
■ P a ten ts for manufacturing steel by th e bessem er flame control proc
ess h ave been granted Jones &
L aughlin Steel Corp., Pittsburgh.
The process o f controlling the end
point of th e bessem er blow by an arrangem ent o f photoelectric cells e lim in a tes over and under blowing the bessem er charge, assuring uni
form ity o f quality. (See
St e e l,May 22, 1939, p. 54.)
AMERICAN IRON AND STEEL INSTITUTE J ^ y .
Capacity and Production for Solo of iron and Stoal Product*
PtooucTtcM n» S
ajl»— N*T Tows
Currenl M onlti T.D.U (7 Months 1940 )
\ Annual Capafii, Shipm ent* SlliRW M lH
Z! u T«*ui Per ant capacity of Export vrrtkm To mnhnt of th* m finm duurr lorcoo- H into further rd product* Total Pet Cant capacity of Export »»rU To airabm ndiw r-rushrrf prod«!* oo into futtor try to «■ af thr »- Ingots, bloom s, billet», slab», sheet bar*, etc..
8 1
? X X X X X * X ... 5 , 205,300 .... 320 , 000 .
__ 551,332
., .. 205,599 XXX 65,9 . 353 , 882 .
51,165 ____ 91 , 1.25 .... 2 , 578,300
.. 1 , 550,375 XXX 57 , 5 . „ 1 , 0 X 5,535 .... 159,530 __ 609,650
n n r i i Steel piling... ... ... __ k 3 . 13,027 57,0 __ 1 , 57 . 3 .. X X X X X X X ____ 92,029 ... 58 , 2 ...— „ 9,375 X X X X X I 1
z z s j a 20 ... 67095 ,i 50
X X * X X X X ___ 360,565 .... 83 , 891 . ... 70,0
XXX _j 58 » 2 Q 9 .
15,575 ... 17873
... 26,672 2 ,i^ 6>790 ¿ 0,5 .... . 312,157
Skalp... .. 3 5 .... 376*288 XI, ..— 56 ^ 07 .„„ 155,935
b ... 3 , 657,600
306,800 ..„ 118,179
9,567 3»,3 ... 51,022
... 2,337 1 , 025,756 58.3 ___ . 82 , 895 . X X * X X « X
6 . 56.9
... 36 5.0 . 2 .
... „ 60,350 „ 33 , 8 . ....„ 18 , 126 ' X X X X X X X AU other (Ind. girder, guard, etc.)....
Splice bar and tie plates... 2 ___ 018 , 000 .
.. 1 , 300,200 ... 501
___ 39,828 16,901 55,6 ... 2,382 X X X X X X 1 -15 9 ... . 1 , 605 . X X X X X X X _.. . 353,887 . 56,8 ... . 6,159 x x x x r 1 x
Y> 10 ___ 500,200
i. . .71
„ 13,258
.. 357277 . ... .. 33,205 2 , 339 , 075 . XXX ___ 269,731 _L-lS 3,537 Concrete rwnibrring— New billet ... .
Rerolling..._ 15 11 .„ 20 , 289 ...
259 683,286 XXX ____ 165,685 X X X X I X l|
18 __ _ 81 , 879 .
___ 360 , 222 . ... 592,911
... 5,517 X X X X X x X i
1 ft X X X X X X X __ 57,619 XXX 1,599 XXX ____ 8,570 XXI****
15 __ 83,255 .. „ 6,275 6,656 XXX ____ 33,805 ___
U .... 7,381 132 . „ 50,015 XXX ... 1,592 X X X t t X * Hoops and baling bands... — 5 - 16 X X X X X X X ... 9,275 XXX ... 553 . X X X X X X X ... 53,911 XXX ... 5,887 X X * * * * * T
otalbar«.... .. 55 - 1 ? 12 , 372,565 __¿ 92,658 -¿¿.2 ... . 87 , 383 . --- 39,851 . 5 , 062,798 . 36 , 5 . ___ 587,636 ..„. 217,559 Tooi steel bare (rolled and forged).. 15 16 110,220 ... 5,319 57 . 1 . ___ . 318 .. X X X X X X X ... . 30,201 .. 59 , 5 - ____ 2,907 X XX X X * *
i ’i 19
20 „ 1 , 813 , 860 . . 1 , 256 , 350 - ___ 733,520
. 3 , 159,850 151,155
_ -. 105,108 35,261 --- 35,662
„... 152,018 6,283
32.5 67.8 51.3 56,9 59.2
...„. 5,773
— 3 , 350 - 2 , 21*5
55 q ,103 JLl.. ... 55,990 XX ****1 L. W._... in X X X X X X X ... 192,388 .. 2 & 3 L ___ 21,126 X X ** * * *
*> X X X X X X X ... 155,868
. 1 , 002,721 „ 36 , 2 .. ___ 15,806 X X * * * * 1
1 *> ...Ik.,086 .
235 X X X X X X X . 55-5 . „. 101,722 X X X X X * *
¡5 6 X X X X X X X ____ 38 , 060 . . 53 , 3 . ____ 1,055 m u “
M echanical Tubing____ .13 24 __ 555 , 023 . ___ 25,353 „ 51 . 9 . — 2 > 90 ft X X X X X X X .... 152,570 . 57,2 ____ 10,565 xxx Iin
£ 19 X X X X X X X — 116,599
... 118 , 857 . ___ 61 , 377 . 19,955
x , 38,180 19,155 - .. .¿ 05,153
. . 771 , 925 . ... 163,870
*¡7 — 2 , 233 , 210 . . 1 , 091 , 690 . 538,270
62.3
... 66,5 11,573 928 95.8 ...__ 93,900
4/1 a 19 — 6,723
5,297 .... 350 , 952 . 53.7 ____ 50,075 X X X * * 1 1
1 53,8
31,6 ... 121,361 57.6 ... 25,556 *******
1 *> 772,790 20,657 195 . ... 1 . 59 , 980 . 33.3 ...l , 5 o 5 X X * * * * * 11 119,050 . 9,058 09.9 1 .... 39,215 . 5 . 6 , 6 .. ... 155 X I x X * * 1
6 27,030 2,025 .. 88 , 6 ..
37 , 6 . ... 8 , 250 . . 52.5 X * X * * * *
Fence poets ... . 13 . 32 157,533 ____ 5 , 689 . ... 57 . X X X X X X X ... 32 , 896 . . 30 , 3 -... .590 * X X * X * *_
• 1 ? 653 , 295 . 30,021 55,5 10,807 377 ... 218 , 519 . . 57 , 5 . ... 29,902 ___
Tin plate— Hot rolled . ... 9 34 . 1 , 201,960
2 , 930,660 .... 38,823 38 , 2 . . 5,821 ■ ... 296 , 551 . . 52 , 5 . ... 67,381 X * X X * * 1 Cold reduced... 10 35 200,002 80.7 20 , 566 . X X X X X X X .. 1 , 368,003 ... 80 , 2 , .... 257,035 * * « **« «_
ZTSTHS
2 * __ 176,206
... 135,313 ..- 171,555 .. 56,156
XXX -. 31 , 515 . . 15,057
„„„ 6 , 973 . 1,985
___ 16,031 ... 2 , 960 , 589 . XXX ... 307 , 18 ? ... . 98,680
1 ft 37 XXX .... . 752,723 XXX X x * x * * 1
18 15 X X X X X X X ... 1 , 239,895
. 320 , 759 . ... 52,315 * x x x * * * AU other. ... . 39 X X X X X X X I X X X X X X X X X XXX __ _ 15,506 X X x x x x 1
T
otalsheets.. 27 40 13 , 255,610 ... 828,120 73.9 ... 75,519 .... 16,031 5 , 273,956 --- m j55l :: 390,161
68.5 .... 572 , 7 « _ Strip-Hot rolled ______ ________
Cold rolled ... . 2k 35 41
42 3 , 523,110
1 , 313,360 .... 117 , 71 ? ... 39,529 J&4 .
33,6 „ 10,356
1,226 ... 1 X X X X X X . 38,1 51 - 0 . ...
... 9,919 X * * XXX*
...5 5 .. 525 ,j 85 . ... 13,595 . 37 , 6 . '. : 85 ' ... 107 , 787 . . 53 , 6 . —27516 . 572 , 280 . .... 6,053 14 .? . 1 57 , 332 . 17.2 ... 1,719 X X * * X * *
X t * * X * * XIX****
Track spikes...
All other... ... .11
„.. 3 . 45
46 327,275
. 9,100 ,131 ...—.... 803 32.6
105,5 f 3 X X X X X X X
X X X X X X X ... 66,506 5*616
“bit
106,0 35,9 ... 2,591
■ 3 , 606 , 1 ® T
otalsteelprooocts....
Estimated total steel finishing capacity baaed on a yield from ingot* of . 68 * 9 - 5 ?
xA. 47 43
X X X X X X X . 53 , 956 , 300 .
.A*. XI Jo X X X X X X X
XIX 86 , 9 .
.&Xb 2 sD. „.. 21 v., 2 vd
X X X X X X X X X X X X X I 75 a. X X X X X X X X X 1 * * * 1 Pi* iron, ferro m anganeite and spiegel...
Ingot m ould* .... js L h 49
50 m i n i % X T t X t X __ 506,175
... 39,902 XXX X X X 91,679
... 570 ___ 1 x 0,296
X X X X X X X 3 , 053,676
236,565 XXX xxx L 269,102 2,006 10 160,600 .... ™2,V3 18.3 — “ 53 “ ... 275 ... 16 , 201 . 17.3 .. _IQ 5
| j Pipe and tube*... ...„...
AU other ... .... ...
Total iron products (items 51 to 53 ) ...3 3
12 52 53 54
. 109,577 ... 71,180 276,257
.... X 985 ... 1,369 . 7,852
I? ,!
22.7 33.6 579 50 - -.. 530 .
X X X X X X X ... 373 ... .... 657
____ 21,598 ... .... 7,261 ... 55,060
33-9 . 1735 28.0
58 I Z ¿¿77
■ .. . 2,163
»* *1 . 2,013 *„\i
—fiss s
T o t a l K um bsr o f C o tsp an les
I n c l u d e d - 1 53
Total steel products produced for salt. Ins shipments to members of the industry for eoneersion into further finished products- Current month —-V T.; , , .05*9 .. % of Finishing Capacity.
To date AT. T d ---- I5juL_% of Finishing Capacity.
The oboee tonnages represent 68t*5% of the ingots produced by companies tchme products ore included abort
24 /T E E L
P i g I r o n O p e r a t i n g H a t e A d v a n c e s ; C l o s e t o 9 0 I * e r C e n t i n A u g u s t
I UNITED STA TES’ production of coke pig iron in A u g u st averaged 136,599 net tons daily, h ig h est since November, 1939, w hen daily output was 138,883 tons. It w as m ore than 4 per cent greater than J u ly ’s daily average, 130,984 tons, and com pared with 96,122 tons in A ugust a year ago.
With three m ore sta ck s put in blast during the month, the indus
try’s operating rate increased 3.8 points.
Production in A u gu st totaled 4,- 234,576 tons, h igh est lo r an y m onth since July, 1929, w hen output w as 4,236,412 tons. It w as 4.1 per cent greater than Ju ly’s 4,060,513 tons.
It exceeded that o i an y A ugust since this publication started com-
M O N T H I.V m O N ’ P R O D U C T I O N N e t T o n s
1 9 4 0 1 9 3 9 19 3 8
J a n ... 4 ,0 2 4 .5 5 6 2 ,4 3 6 ,4 7 4 1 ,6 1 8 ,2 4 5 f ' b ... 3 .3 0 4 ,3 6 8 2 ,3 0 7 ,4 0 5 1 ,4 6 3 ,0 9 3 M a rc h --- 3 ,2 7 0 ,5 7 5 2 ,6 8 0 .4 4 6 1 ,6 4 6 ,6 3 6 ''P r it 3 ,1 3 9 ,0 4 3 2 ,3 0 1 ,9 6 3 1 ,5 5 4 ,5 6 9 , 7 3 ,4 9 7 ,1 5 7 1 ,9 2 3 ,6 2 5 1 ,4 1 2 ,2 4 9 l u n e 3 ,8 1 3 ,0 9 2 2 ,3 7 3 ,7 5 3 1 ,1 8 8 ,0 3 7 J,u ly ... 4 ,0 6 0 ,5 1 3 2 ,6 3 8 ,7 6 0 1 ,3 3 8 ,6 4 5 Au<î... 4 ,2 3 4 ,5 7 6 2 ,9 7 9 ,7 7 4 1 ,6 7 4 ,9 7 6 Tot, 8 m o. 29,343,8SO 1 9 ,6 4 2 ,2 0 2 1 1 ,9 1 6 ,4 5 0 ... 3 ,2 1 8 .9 4 0 1 .8 8 5 ,0 6 9 ... 4 ,0 6 2 ,6 7 0 2 ,3 1 5 ,5 9 9 ... 4 ,1 6 6 ,5 1 2 2 ,5 6 1 ,0 6 0
u e c 4 ,2 1 9 ,7 1 8 2 ,4 7 8 ,2 4 4
T o U 1 ... 3 5 ,3 1 0 ,0 4 2 2 1 ,1 5 6 ,4 2 2
piling monthly pig iron production statistics in 1918.
Production in the first eigh t months this year w as 29,343,880 l°ns, approxim ately 50 per cent more than 19,642,202 tons produced
>n the period last year, and nearly i<noand a h ali tim es a s large a s in to-». Total output for the first
«gnt months in 1937 w as 30,116,405 iT S ’„ ior the period in 1938 it w as 11.916,450 tons.
Average daily production fo r the
«ght months this year w as 120,262 tons, well above 80,832 tons, the comparative figure last year. It was lower, however, than 123,935 l°ns, daily average for the eight months in 1937.
The industry’s operating r a te in- c eased, tor the fourth consecutive month from April’s low o f 68.9 per cent, to 89.9 per cent o f capacity.
s compared w ith 86.1 per cent Potations in Ju ly this year, and Per cent in A ugust last year.
, ,nQwas highest since N ovem ber,
* » , when operating rate w as 90.3
A V E R A G E D A IL Y P R O D U C T IO N N e t T o n »
19 4 0 1 9 3 9 1938 1937
J a n . . . 1 2 9 .8 2 5 7 8 ,5 9 6 52 ,2 0 1 1 16.327 F e b , 1 1 3 .9 4 3 82 ,4 0 7 52,2 5 4 1 2 0 3 0 0 M a r c h . . 1 0 5 ,5 0 2 86 ,4 6 5 53,1 1 7 12 5 ,3 8 5 A p r i l . . . 1 0 4 .6 3 5 76 .7 3 2 51,8 1 9 126,956 M a y . . . . 112,811 6 2 ,0 5 2 4 5 ,5 5 6 128,083 J u n e . . . 1 2 7 ,1 0 3 7 9 ,1 2 5 39.601 116.304 J u l y . . . . 130,984 85,121 43 ,8 2 7 126,501 Au k. . . , 1 3 6 ,5 9 9 9 6 ,1 2 2 54,0 3 1 1 30,677 S e p t ____ . . . . 10 7 .2 9 8 6 2 ,8 3 5 1 27,604 O c t ... 1 3 1 ,0 5 3 74 ,6 9 7 10 4 ,4 5 0 N o v . . . . 1 3 8 ,8 8 3 8 5 ,3 6 9 .7 4 3 2 9 D e c ... 1 36,119 79 ,9 4 3 5 4 ,3 1 9
A v e 120,262 96 ,7 4 0 57,9 6 2 1 1 2 .6 4 2
per cent, and exceeded the 85.7 per cent rate in A ugust, 1937.
Stacks in blast Aug. 31 totaled 190, three m ore than in July, and highest since December, 1939, when 191 w ere active.
F ive blast furnaces resum ed in A ugust, and two w ere blown out or banked. One m erchant stack resum ed and one w as blown out.
In the steelw orks or nonmerchant classification, lou r stacks resumed and one was blown out. Furnaces resum ing in August:
In Indiana: Madeline No. 5, In
land Steel Co. In N ew York: One Buffalo, N ational Steel Corp. In Ohio: Martins Ferry stack, Wheel
ing Steel Corp.; One Otis, Otis Steel Co., which had been down lo r re
building. In Pennsylvania: B eth
lehem B, Bethlehem Steel Co.
Stacks blown out or banked: In Ohio: Ham ilton No. 2, Ham ilton Coke & Iron Co., for rebuilding. In Tennessee: Rockdale furnace, Ten
n essee Products Corp.
Twenty-five pig iron producers, both merchant and nonmerchant
AUG U ST IK O N PROD U CTIO N
» t Tont»
No. in b la s t —T o tal T onnages
la st d ay of N on
Aug. Ju ly M erchant m e rc h an t
A lab a m a . . . 18 18 105.385* 193,751*
Illinois . 11 14 58,429 325,430
Indiana. . .. . 17 16 53 476,455
N ew Y ork. - . 13 12 100.966 199,235
O hio ... . 42 41 130.789 824,157*
P e n n a ... 6-4 63 103,749* 1,217.253*
C o lo rad o . . 3 3 )
M ichigan . . 4 4
M in n eso ta . 2 2 i 24,659* 150,682*
T en n essee . ! 0
U ta h ... 1 l ]
K en tu ck y 2
M ary la n d . 6 2 1« I
M a s s ... 1 1 [ 17,020 306.563
V irg in ia 0 0 Í
W est V a. 3 3 j
T o ta l . . . . 1 9 0 187 541,050* 3,693,526"
•In clu d es ferro m a n g an ese a n d spiegeleisen.
and p ossessing an aggreg a te o f 104 stacks, reported all their furnaces were in blast Aug. 31. A m ong the large producers included w e r e : Bethlehem , Republic, Jones &
Laughlin, Sloss-Sheffleld, I n l a n d , W heeling, T ennessee Coal & Iron, and Colorado F uel & Iron.
D e v e l o p s P r o c e s s f o r
M a k i n g P o w d e r e d I r o n
■ Process for m aking pure iron powder has been developed by the Glidden Co., Cleveland, according to announcem ent la s t w eek by P. E.
Sprague, vice president. A plant has been built and is in operation at Hammond, Ind., headquarters for the M etals R efining Co., a Glidden division.
C o n s i d e r e d a m etallurgical triumph in the building and con
trol o f apparatus to produce a pow der o f the necessary particle size, purity and stability, it is said, the
R A T E O F F U R N A C E O P E R A T I O N ( R e l a t i o n o i P r o d u c t i o n t o C a p a c i t y )
1 9 4 0 1 1939* 1938* 1937*
J a n 8 5 .4 5 1 .0 3 3 .6 7 6 .6
F e b ... 7 5 .0 5 3 .5 3 3 .6 7 9 .5
M a r c h 6 9 .5 5 6 .1 3 4 .2 8 2 .5
A p r i l 6 8 .9 -19.8 3 3 .4 8 3 .7
M a y 7 4 .2 4 0 .2 2 9 .4 8 4 .3
J u n e 8 3 .6 5 1 .4 2 5 .5 7 6 .6
J u l y 86.1 5 5 .0 2 8 .2 8 2 .9
Au k 8 9 .9 6 2 .4 3 4 .8 8 5 .7
S e p t 6 9 .7 4 0 .5 8 3 .7
O c t 8 5 .2 4 8 .0 6 8 .4
N o v 9 0 .3 5 5 .0 4 9 .3
D e c 8 8 .5 5 1 .4 3 5 .6
1 B a s e d o n c a p a c i t y o f 5 5 ,6 2 8 ,0 6 0 n e t to n s , D e c . 3 1 . 1 9 3 9 ; » c a p a c i t y o f 5 6 ,2 2 2 ,- 7 9 0 n e t t o n s , D e c . 3 1 , 1 9 3 8 ; » c a p a c i t y o f 5 6 ,6 7 9 ,1 6 8 n e t t o n s , D e c . 3 1 , 1 9 3 7 ; » f i r s t s i x m o n t h s o n c a p a c i t y o f 5 5 ,4 5 4 ,2 6 5 n e t to n s , D e c . 3 1 . 1 9 3 6 — l a s t s i x m o n t h s o n c a p a c i t y o f 5 5 ,6 9 5 ,0 6 5 n e t t o n s , J u n e 30.
1 9 37. C a p a c i t i e s b y A m e r i c a n t r o n a n d S t e e l i n s t i t u t e .
