Indianapolis Times, Indianapolis, Marion County, 26 February 1943 — Page 30
nn BRITAIN PLANS REBUILDING JOB
200,000 Will Be Needed in | 10-Year Program for _ Reconstruction.
By HELEN KIRKPATRICK CPP ns Ghiokes Das News oa ? LONDON, Feb. 26.—Britain’s 10=
rum nomwarous mes City Uses More Electricity, |H0G PRICES UP | ~ But Utility's Profit Drops|10) T0 15 CENTS
_ Indianapolis ‘last year: used more Top Advances to $15.60 as
electricity than ever before in: its history, but mainly because of high5875 Porkers Arrive at Stockyards.
er taxes, profits of the Indianapolis Hog prices rose 10 to 15 cents at
Power & Light Co. fell almost $400,000, stockholders were informed today. the Indianapolis stockyards today,’ the food distribution administration | } reported. The top was $15.60 for| §
SINESS
Mallory Consultant Enthusiastic About Future of Electronic Tube
RELATIVE: INCREASE IN Taxes, OTHER OPERATING EXPENSES AND REVENUES SINCE 1938
200% ..
THE “ELECTRIC EYE” and “WALKIE-TALKIE” are \ing ‘that the ordinary man in the street views with "The whole business of electronics is baffling to most but it is high time we get acquainted with the subject we are sure to hear more about it after the war,
Net income was $2,163,177 or $1.99 a share on the common stock, compared with $2,505,302 or $247 a common share in 1041. Earnings would have been 50 cents a share
15%
160%
ticularly right here in this city. ‘The electronics ‘industry here already has a good start,
he expanding Electronics Laboratories ‘concern,
R. C.
P. R. Mallory. I don’t know what Mallory might
bout it but anyone who is interested in a down-to-earth | nation of what electrons are ought to ask the comto send him a pamphlet it has just put out, written
pany Dr. Heyl has been retained by s as a consultant. One of ation’s foremost scientists, Dr. 1 recently retired from his po- ; sition with the U. 8S. bureau of standards. He is coming here to lecture (March 1 .and 29, May 3 and June 7 at the Civic. threater, 8 'p. m.) and judging from advance , requests 1t looks
as if his talks will}
be a “standing room only” affair. Budrow. ,. Mr, Mallory pints out, the company doesn’t ‘manufacture - the electronic tube itself but does make a great numper of parts and materials. And there will surely be a big demand i Sor all this auxiliary equipment . pr the war, _ Dr. Heyl says that in the future, ‘electronic detectors on ships will make visible other ships, icebergs, shores and navigation hazards no matter how dark or foggy it is. A
motorist, by the same principle,
will be able to see what is coming at hidden intersections and to drive through fog. "Not only that, but we will be able ‘to “hear” much now not possible. The use of very short waves will make possible wide use of radios, telephones, not only in cars, ‘but in all sorts of industrial operations, Dr. Heyl says. * “There have been “astonishing deyelopments behind the curtain which conceals war accomplishment,” he declares and “when the curtain is lifted for peacetime progress, the electron tube and its helpers will be employed in a field of gefulness, the breadth of which almost beyond our powers of prehension.”
: ” ”» | RATION FEARS have sent de- _ partment store sales in Indianap lis to record proportions. Last ek’s sales were 64 per cent than the same week last
3 r than any major city Reserve bank of Chicago. a ® 8 = _ '\CATTLE RUSTLERS are riding gain in the west, because of the plack markets. American Meat institute reports the rustlers move fast in trucks, stalk the animals they want, shoot them, dress them on the spot and speed. away with the meat. Woolgrowers report the same trouble. ; £ s #2 = ‘ODDS AND ENDS: Store buyers are in New York begging manufacturers to hurry deliveries but they're mving little luck. , . . Parentfeacher groups on Long Island are peanizing “shoe swaps.” . , . WPB says shoe production will be down 100 million pairs this year, but durable civilian shoe output is to be boosted 15 million pairs. . . . U.
oe ere Corp. at Lebanon and the du Pont-operated Wabash river ‘ ordnance works near Terre Haute will get the army-navy “RB.
Bon Ami Co. and subsidiaries 1942 net profit $81,121,654 or $3.11 a class “B” share vs. $1,262,949 or $346 in
Autos © Diamonds © Watches Jewelry © Clothing © Radios, ete.
in Stock for ediate Delivery
| War Spend... 42,982,830, s s i i d. 0,338. 12.201 332 8 they expeeted maximum flour prices
SCARE BUYING AT RECORD HIGH
Lay-Away Purchasing Lifts Sales of Food, Apparel, Other Textiles.
NEW YORK, Feb, 26 (U. P)— Rationing fears lifted retail trade to a record high for the period during the past week on a dollar gain of 22 to 26 per cent over a year ago, Dun & Bradstreet, Inc., reported today in its weekly trade review, Lay-away purchasing continued to boom sales of food, apparel and other textile items to abnormal levels. Although some diminishment in the stock-up buying move= ment appeared, the pact of selling seemed almost as heavy as in the preceding week, the review said. “A wider variety of merchandise was included in the buying this week. Piece goods, suits and dresses continued to lead sales activity, put accessories generally picked up as consumers filled out wardrobes. “Although still strong, shoe buying had slackened off from the postrationing peak; quality continued to sell at the. expense of cheaper lines, with some chain stores reporting volume off 40 per cent in the past few weeks. Scare buying stimulated prisk lingerie sales, but millinery was lagging behind other departments.” February furniture and other houseware sales were better than a year ago, and a terrific rush to buy canned goods before the deadline Saturday night boosted grocery volume although a considerable decline
| was noted early this week, the re-
view said. . Biggest sales gains over last year were shown by the Southwest and Pacific coast regions, which were up 43 to 50 and 32 to 40 per cent, respectively. Other gains were: New England, 13 to 18, East, 11 to 14, ‘Midwest, 24 to 30, South, 27 to 33, Northwest 12 to 16. The review reported that the long week-end holiday tended to slow wholesale = activity. Wholesalers’ shipments, especially in apparel and dry goods, were considerably heavier than a year ago, but running behind schedule in numerous lines. Inability of many suppliers to meet fully replacement demand for spring, together with the fast pace of retail selling, was prompting unusually early and heavy covering for summer goods and fall staples, it said.
Sales Up 107%
In Dallas
WASHINGTON, Feb. 26 (U. P.). —The nation-wide “scare” buying movement that started following the OPA’s shoe rationing order continued unabated last week, figures issued by the federal reserve board disclosed today. Department store sales for the country as a whole in the week ended Feb. 20, averaged 32 per cent higher than in the corresponding 1942 week, while sales for the four weeks through Feb. 20 were up 24 per cent. Stores in the Dallas, Tex., district, which reported a sales gain of 107 per cent for the previous week, continued well in the van of the buying rush, showing average gains of 70 per cent for the latest week and 58 per cent for the four weeks.
LOCAL PRUDUCE
Heavy breed hens, 3% Ibs. and over, 28¢; hens, 3% lbs. and under, 23¢c: Leghorn hens, 23c, Broilers, 2% Ibs, and over, .colored, 26c: white and barred rock, 27c; Leghorns, 22c, Roasters, 4 lbs, and over, colored, 27¢; white and barred rock, 28c. ? Stags: Leghorns, 21¢; heavy hpeed, 22¢. Cocks, 16¢. Eggs—Current receipts, 54 lbs. and up
lc. Graded Eggs—Grade A, large, 35c; grade A, medium, 33¢c; grade A, small, 23¢; no grade, 28c. Butter—No. 1, 48@48'%c; No. 2, 46@ 48%c; butterfat, No. 1, 46c; No. 2, 43c. _ (Prices on produce delivered at Indianspolis quoted by Wadley C
0.) U. S. STATEMENT
WASHINGTON, Feb. 26 (U. P.).—Government expenses and receipts for the current fiscal year through Feb. 24, compared with a year ago:
Expenses ...846.102,433.653 $16.387,317 611 .. 9,333,576,687 ! Cash Balance. 5.000 925.385 Norking Bal. 4,924,932,204
Debt 117,857,135,725 Gold Reserve 22,642,817.979
. 3.046,321.337 67,9517,8517,555 22.715,087,074
WAGON WHEAT
Indianapolis flour mills and grain elevators paid $1.51 per bushel for No. 2 red wheat (other grades on their merits). No. 3 white oats, 56c, and No. 2 red oats, 56¢c; Ne. 3 Jetiow corn, 90¢ per bushel, snd No. 3 white corn, $1.01. 5
PINE BALM
© THE VOLATILE RUB
jarantee Qil Co. TE and S. EASTERN PHONE MA-0927
y —
S20
Ee
Ping Yagors Being Quick Relief from Distress of
on Everything!
“Diamonds, Watches - Musical Instruments, Cameras Clothing, Shotguns, Ete. ACO Ewe RY
;
EP
to the close of the Chi | oy. e cago market
lower were it not for tax credit cars ried over from the utility's refinancing in 1940, President Harry T. Pritchard pointed out. This credit was used up last year. : Except for taxes, operating expenses increased moderately, although ‘more was spént for labor, materials and supplies. Particularly helpful in holding down expenses was the more efficient generating equipment installed at the Harding st. (at White river) plant in the last two years, Mr. Pritchard said.
Capacity Is Increased
A $3,500,000 turbo-generator and boiler had been ordered in 1941 to be installed at the Harding st. plant this year, but after it became apparent that this additional equipment would not be needed, the war production board was notified and the turbine was installed at the Edwardsport, Ind, plant of Public Service So. of Indiana. In the even of an emergency here, however, power could be obtained through the pooling system with Public Service Co., it was pointed out. By the addition of new equipment, the utility increased its capacity 19,000 kilowatts. On its “biggest day” last year, Dec. 22, peak demand was 163,800 kilowatts or 12,500 greater than in the previous year so the company ended the year with a greater margin of capacity over demand than it had at the beginning of the year.
Electricity production for: the entire year was 14 per cent larger than in 1941 and seven times greater than Indianapolis needed in 1917, first year of the previous world war.
Revenues Up 9 Per Cent
The company, and its two subsidiaries, Mooresville Public Service Co. and Electric Building Co., Inc., had a total operating revenues of $15,600,000 last year or about 9 per cent over 1941,
The biggest increase came from industries in war work but was so widely distributed that the 10 largest customers accounted for only 10.3 per cent of the company’s total electric revenues and the largest customer less than 2.2 per cent of such revenue. Residential and commercial revenues, Which - constitute the most stable sources of the util-
125%
100%
1%
/ Jind
Revenues
oo Se aby
fo"
50%
#
~t 7
to >
\ Operating Expenses Othe Than Janes
we We sa san a
#1 thse yoors tenes would have heen grooter if Company hed nit Obtained fodorel tux sevings from debt refunding of 1938 ond 1940,
Chart from report shows tax increase. !
ity’s business, rose 64 and 5.2 per cent, respectively, “despite the wartime restrictions on promotional efforts.” Net income before federal taxes was $1,126,000 greater than last year. The common stock dividend rate was reduced during the year from 40 cents per quarter to 30 cents to maintain a “satisfactory cash position” in the face of heavier taxes.
Operating Costs Up
Operating expenses rose 4.4 per cent during the year. Taxes were $4,370,000 or equal to $6.11 a share on all outstanding stock or nearly 28 cents out of every dollar received. The payroll did not change much because, despite a general wage increase in June, the number of employees was smaller due to curtailed construction, engineering, sales activity and those joining the armed services.
costs this year. About 70,000 tons of coal were added to the regular reserve as a protection against possible transportation of supply difficulties, . Other than a new steam boiler at the Harding st. plant, construction was greatly reduced because of government restrictions on materials and equipment, or
QUESTIONNAIRES WILL BE REDUCED
Budget Director Harold D. Smith announced today that he had taken
ernment questionnaires sent to businessmen. © Smith said regulations had been issued to federal agencies requiring them to get budget bureau approval before sending out any forms asking information of more than 10 recipients. Questionnaires approved by
numbers and businessmen receiving any form lacking such a number or designation can ignore it.
bureaus which might have large quantities of forms on hand might use them before printing new ones bearing budget bureau approval designation. ceives a form lacking the number and is in doubt about its validity, he should ask the issuing agency if the questionnaires was approved before he bothers to answer it. “Of particular benefit to small business enterprises,” Smith said, “is the requirement in the new regulations for particular justification
an entire class of business. Federal agencies are required to explain
and feasible to use a short form for smaller concerns or to conduct sample investigations.”
WHEAT AT 14-YEAR HIGH, NO CORN SOLD
CHICAGO, Feb. 26 (U. P.).—Passage of the Bankhead hill and growing confidence that ceilings will not be put on wheat lifted wheat futures on the board of trade today to the highest levels since 1929. At the end of the first hour, wheat
corn unchanged at ceiling levels, oats up % to 3%, and rye up 1% to 1% cents. : Offerings in the wheat pit became limited after the market advanced substantially. The trade reported good flour business, and today said
to be raised momentarily. Buying orders flooded the corn market at ceiling prices with none to he had. ~~ -- | Rye moved into new high ground under ‘general demand with prices scoring gains of almest 2% cents a pushel at the opening. After the bulge offerings became very limited. Considerable trading took place in May rye at 87 cents a bushel.
. DERN TO SPEAK HERE A. L. Dern, vice president and director of agencies of the Lincoln National Life Insurance Co. of Ft. Wayne, will speak at the meeting of
Association of Indianapolis Monday night at the Columbia club.
Incorporations——
Garyana Amusement Corp, Gary; change of agent to Tula P. Kalleres, 728 Johnson st., Gary. Reliance Drug Co., Inec., 1002 Lincolnway, La Porte; agent, Edward F. Kaminski, same address; 500 shores without par
value; wholesale and retail drug business: Edwin a Giesl rant E. Birtch, Ed
WASHINGTON, Feb. 26 (U.P).—|4
steps to curb the number of gov- 4
of reports intended to be used for|gp
why it would not be satisfactory|Penn RR
was up 1% to 1% cents a. bushel, >
the General Agents and Managers|
N. Y. Stocks
Net High Last Change Allegh Corp.... 1 1 ease Allied -Chem . 153% 153% - 31% 80 175% 1% 12% 142% 53 47% oven 27% 4%, 50%
— % Ya
Anaconda Armour Ill .... 4 Atchison Atl Refining .. Balt & Ohio....
1, | Medium—
the bureau, he said, will be given
Ya | Medium and goo However, Smith cautioned, some De
If a businessman re-| i»
Int Nickel ..., Int T&T 11 Johns-Man .... Kennecott Kresge SS Krogar G & B. 25% L-O-F Glass ... 34% Link Belt 33% Nash-Kelv .... Nat Biscuit .... Nat Cash Reg.. 22% Nat Dairy N Y Central ...
ikl):
vise thr: : 3
Packard 4: Pan Am Airways 27% Pen & Ford.... 59% 283%
n . Phillips Pet ... 48% Procter & G.... 55%
41+]
Republic Stl ... Republic Stl pf.100 Revere Cop ... 1% Revere 5% pf . 30 Sears Roebuck . 65% Servel Inc ..... 12% ~-Vacuum ... 12 South Pac 19% United Aircraft 31% US Rub 1 pr.-10 U S Steel pt ..115% S Tob 26% Warner Bros .. 9% we 33% . 19% ee ST « 18% «34 16% 34 235%
i+:
lH]
Zenith RAT oot Complete New York stock quotations are carried daily in the final edi= tion of The Times.
DAILY PRICE INDEX ha:
NEW YORK, Feb. 26 (U. P).—
price index of 30 basic commodities, compiled for United Press (1930-32 average equals 100): Yesterday ........ivse0000e0 170.20 Week AZO ....oooceesseceses. 169.98
Year Ago ......... 1943 High (Feb. 22)...00040.. 170.20 1943 Low (Jan. 2) ....cc...... 166.61
. FISHING ESSENTIAL NOW
WASHINGTON, Feb. 26 ¢U. P).— A revised occupational’ bulletin issued today by the selective service system added commercial fishing to the list of essential activities, grouping it with agricultural services
nounced.
Coal prices went up and the util- Modi ity expects further increases in coal |©
s | Medium and g n
ia 300 lbs., $15.30; 300-400 lbs., $15.20;
¢
Dun, & Bradstreet’s daily weighted |;
Month AO ..ececessessesss. 169.26) 80 cis eusiene 15595 Stokely
which . previously had been an-|; Morri
Loan Corp. |N Ind Tel 4%s 53 J00, uJ
good to choice 200 to 235-pounders. |
Weights from 180 pounds up were 10 cents higher ‘and lighter weights advanced 15 cents. Receipts included 5875 ‘hogs, 325 cattle, 400
‘calves and 760 sheep.
HOGS (5815)
Good to cholce—
120- 140 pounds Sess 0siiene
400g141 160 180 @
14.7 13:30 15.50 15.45 15.40
15, 15.
4 . 240- 270 pounds . 270- 300 pounds 300- 230 pounds 330- 360 pounds Medium— 180- 200 pounds Packing Sows Good to choice— 270- 300 pounds ,,.... 300- 330 pounds 360- 450 POUNAR .scséecccis _360- 400 pounds dsacensesie Good— id
400- 450 pounds 450- 550 pounds
Medium— 150- 250 pounds ..iicecccie Slaughter Cattle & Calves Medium to good— 90- 120 pounds .
CATTLE (325) Slaughter Cattle & Calves - Steers Cholce—
sitegerenis sssidscccss
14.78
Sesbsvscesis 15.50 16.00 «ees [email protected] 16.50 16.50
700- 900. pounds 900-1100 pounds ...... 1100-1300 pounds 16.00 1300-1500 pounds ..eccscecs 16.00
Good—
700- 900 pounds .ceccccccssss [email protected] [email protected] ., [email protected] 14.50 @16.00
900-1100 pounds v.e..e 1100-1300 pounds ..esscescs 1300-1500 pounds Medium—
$9000 c0cen
700-1100 pounds ,cececccsces [email protected] 1100-1300 DOUNAS eessssccces [email protected]
Common-— 700-1100 pounds ........eeses [email protected] Heifers
eesess [email protected]
Choice— 600- 800 pounds 800-1000 pounds Good— 600- 800 nds 800-1100 pounds
Medium—= 500- 900 pounds
Common-— 500- 90 pounds .ececocccsoons [email protected]
Cows (all weights) : [email protected] [email protected] 9.00 @10.50 7.50@ 9.00
Good
sess sssbescrenvese esses
Bulls (all weights) (Yearlings Excluded) Beef— :
Good Gees ssbonses esevstsssse [email protected] Sausage— 5 Good (all weights) ..ceeceee [email protected] dium
Mediu [email protected] Cutter and common «....... [email protected] "CALVES (400)
Vealers (all weights) Good and choice [email protected] Common and medium . Cull (75 Ibs. up) Feeder & Stocker Cattle & Calves
Steers Choice— 500- 800 pounds «...eoccovoeee -800-1050 pounds essscssssncse
Gond-200 nds pou sesetosstone 11.25 12.25
800-1050 pcunds ...ocvocsecee
Medium— 500-1000 pounds eccococccccss
Common— 500- 900 POUDdS «...cere..... [email protected]
Calves (steers) Good and Choice— 500 pounds dOWR .cc.cep
Medium— 500 pounds down ......
Calves (heifers
Good and Choice— 500 pounds AOWI ceoveccosese
sees
500 pounds OWN cccoeosccces SHEEP AND LAMBS
‘Ewes (shern)
Good and choice Common and choice Lambs
Good and choice ......... ove ood
(750)
Lambs (Shern) Good and choice
CHICAGO LIVESTOCK
Hogs—09000; active 10 to 25 cents higher closed at full
than Thursday's average; advance; top, $15.60; bulk, [email protected]; most good and choice 150180 1bs., [email protected]; bulk good 360-550 ht sows, [email protected]; few choice to 15.40
180-330 lbs,
Cattle—1500. Calves—500. Fed steers and
yearlings firm; most medium grades predominated in crop; sprinkling of sgood grades, [email protected]; bulk, [email protected]; extreme top good to choice 1300-lb. steers, $16.40; heifers very scarce, fully steady,
3 I mostly, [email protected]; cows fairly active, fully
steady; cutters $10 down; medium to good
Ys | beef cows, $11.50@13; light canners dull
at $8 down; bulls and vealers steady; practical top weighty sausass bulls, $13.75; outside, $14; vealers, [email protected]. Sheep—2000; fat lambs slow, early bids and few sales good to choice wooled lambs, $15.50@16; including choice offerings with fall sharn pelts, $15.65; choice wooled lambs held above $16.50: not much early action on. sheep, undertone steady.
OTHER LIVESTOCK
FT. WAYNE, Feb. 26 (U. P.).—Hogs— 10 cents higher; 160-200 lbs., $15.40; 200235 lbs, $15.50; 225-250 1bs., $15.40; 250. 1 - 160 lbs, $14.75; 140-150 1lbs., $14.50; 130140 1lbs., $14.25; 100-130 lbs., $14. Roughs, $14.25; stags, $12.50; male hogs,
3% $10 fawn: calves, $17; lambs, $15.75; ewes,
down,
LOCAL ISSUES
Nominal
S. Agents Fin Corp com ..
senses 7
Indpls Rilwys, Inc, com . Indpls Water pf
Lincoin Nat Life Ins com... 2 N Ind Pub Serv 5% % pfd...... N Ind Pub Serv 6% ......ec00. N Ind Pub Serv 7% pfd..ce.e: *P R Mallory com «3
90%2 J sesscese 18 Union Title com Cs eseaenae. van Camp Milk pfd ....s...0 68% Van Camp Milk com ....ee0.. 12 : Bonds
Algers Win: %... A as TRY. Amerizan Loan §s 4 ent Newspaper Ge a : Sltisens Ina: Fal We” OO) 103 : 3s
50 ... 98 te git eee:: 101%
15.65 @15:85 15.50. [email protected]
[email protected] | [email protected]
31%ais [email protected]
[email protected] 15.10
13.250 14.25
New Steel Plant in Chile
eessesssesse [email protected]
sessessssss [email protected] [email protected]
esssssssess [email protected]
[email protected] 13339 13.50 [email protected]
[email protected] [email protected]
7.50@ 9.00 6.00@ 17.50 [email protected] [email protected] [email protected], [email protected]
[email protected] [email protected]
uotations furnished by local unit of National Association of Securities Dealer: Bid Asked|
FOR JEWELRY
WAAC-type caps.
Girls have replaced boys as messengers and escorts at Standard Oil Co.s plant at Linden, N. J. They wear natty blue uniforms and
Operates
successful production of steel by a world-renowned industrial chemist, other day near Santiago.
means the end of a nightmarish steel shortage in the United States, where it can be produced in any Portland cement plant—“within a month.” 3 The Ruzicka process, which As being fully investigated by the Truman" senatorial committee as a potential technique in the event of a steel shortage in the United States, contains six immediate advantages: 1. It does not require the construction of new plants since cement kilns can be used. 2. It does not require the diversion of valuable strategic materials. 3. It does mot require scrap and hence - bypasses that prime bottleneck of steel production. 4. It does not require the wasteful open health purifying process as the steel is produced directly from iron ore. 5. It does not require coke and sulphur and thus eliminates the use of ferro-manganese in addition. 6. As it uses charcoal and woodwaste for fuel, steel can be produced wherever cement plants are located. Ruzicka’s pilot plant on the outs skirts of Santiago looks like no other steel plant your correspondent has ever seen. Under an open shed, a large eylinder—technically known as a rotary kiln—slightly inclined, turns slowly on supporting motors. At its highest point, workmen pour the raw iron ore, ‘mixed with clam shells for lime and woodwaste for fuel, plus Ruzick’a special additions, into a large funnel leading into the kiln. Behind them a dust-collecting chamber allows all metal particles to settle before the gases are carried off by the flue. t the lower end of the rotary kiln, white hot blooms fall into a brick-lined pit. Removed quickly with huge tongs, the pit then receives the molten slag. Two things now happen. blooms taken to an open hearth furnace are melted. The steel is then cast into steel ingots or can be cast directly into shaped molds.
Rotary Kiln Is Point
The slag when cooled is ground to powder, and as a result of the original mixture becomes rapidsetting cement. Ruzicka’s chemical genius used to be bothered by the huge piles of slag—a synonym for uselessness—at common steel plants. The heart of Ruzicka’s system is his rotary kiln. At his pilot plant near Santiago he uses a kiln 10 meters long by one in diameter (about 325 feet by 3.8 feet), lined with refractory bricks of his own designing which produces a ton of steel and about the same amount of cement in 24 hours.
long by 15 feet in diameter will produce 500 to 600 tons per day. Ten such kilns mean 1,800,000 tons and 100 mean 18,000,000 tons—or just about the amount of steel still required in the United States beyond our capacity steel production at the present time. : Ruzicka’s steel, which he calls “porous,” is hard, and produced with ash-free fuel is 98 per cent pure, thus ranking with the fa-
|mous Swedish steels.
Quality Is High
Among advantages which Dr. Ruzicka claims for his porous steel are the following: It requires no scrap to mix with the raw iron ore but makes synthetic steel directly from iron ore, for the first time in the history of metallurgy. The quality is as high as any hard steel mow produced. No blast, furnaces, and no coke ovens are required. It is therefore cheaper to produce, investment in his process being about one-tenth of ordinary blast-furnace steel production, and labor requirements from one-tenth to one-twentieth. Slag is not slag but cement in approximately equal quantities with the steel produced, thus yielding a valuable by-produet.
‘si || Ruzicka claims he can use any
ore, though the end-product depends on the raw materials, as it
NF
& The
Ruzicka | claims that a rotary kiln 150 feet):
rn 1
Without Scrap
By ALLEN HADEN ; Copyright, 1943, by The Indianapolis Times and The Chicago Daily News, In ‘SANTIAGO, Chile—Virgin steel globules and blooms falling whitehot, haloed in iricredible: showers of sparks, meant more than just the
new process, when Stevan Ruzicka, put his pilot plant in operation the
Mr. Ruzicka's steel, successfully produced in Chile without scrap,
does in blast furnace production. He is now ‘using ores from the famous El Tofo mines owned by United States interests, containing 55-63 per cent iron. Ruzicka, however, has been equally successful in using magnetite and ilmenite sands found in untold millions of tons along Chile’s coast. This specially pure iron occurring as a fine powder mixed with sand, though known to steel men, could never be used before because it choked blast furnaces much as coaldust will choke the home furnace. .
‘Ruzicka Well-Known
Going on 54 now, Stevan Ruzicka is widely known in the United States and Europe. His basic wood-
bypassed for simpler woodwaste as
States scientific circles which recognized in them the basic requirement for a steel industry west of the Rocky Mountains. Long a consulting engineer in. Russia, he spent six years in the «United States until 1941, when he came to Chile at the suggestion of the office of
vitation of the Chilean governpromotion. This depariment ¥ Ruzicka in his pilot plant and
production in commercial: quantities, with joint private and government capital participating.
Bellanca Aircraft Corp. 1942 net profit $690,835 or $3.01 a common share vs. net loss $151,954 in 1941.
You must not be confused with the general line of used clothing. Every garment sterilized and thoroughly
dry cleaned. Come and see. S . $1 Holds Any Garment , im Layaway
203 E. WASHINGTON ST.
coke patents, which he has now|
fuel, caused a Sensation in United |
production management to experi-|, ment on production, and at the in-|
ment’s department of industrial] has financed
expects to proceed immediately to
gear plan for the building industry anticipates training 200,000 ment’ for the task of the physical reconstrud= tion of Britain, It will also take the building trade from the list of
i | casual employment.
In order to eliminate the danger of the building trades being flooded after the war with untrained, casual
: [workers and at the same time to
guarantee that Britain's reconstruc tion should give employment to the
| maximum number of men, the gov ' |ernment has outlined plans for
training men from now on. While the wecruiting of apprentices will be left’ to the building industry and the trades unions, the
reaching adult education program to be extended to the armed forces here and overseas. It is recommended that the first men to be demobilized after the war should be skilled builders and those who have been trained under the army :edutation scheme in the building trades. al Casual Labor Out
Casual labor is to be eliminated and the trades are to be placed on the same basis as other permanently employed professions. - An advisory panel, with representatives of the building industry and the trades unions, is to regulate conditions, hours and wages. Special training committees are to fix the number of trainees and the currieulum. . - This is an essential step in plane ning the reconstruction of British cities badly damaged by air raids, It is one aspect of the problem, but an important one. It will insure both the possibility of cities carrye
guarantee of jobs for a large number of the men now serving in the armed forces. . Other and exceedingly important steps are now eagerly awaited by. the government. First, it will be
outline its reconstruction policy— whether the size of cities is to be limited and where industries are to be allowed to develop. Second, the government must legislate to pre= vent land speculation in damaged
authorities to buy up sites required: in rebuilding schemes. i Meanwhile, regulation of the building trades is accepted here as a step forward.
American Writing Paper Corp. 1942 net profit $233,937 or 61 cents a share vs. $353,494 or 86 cents in 1941. :
. . . TIME, RED BOOK, LIFE, LOOK and other § leading magazine and newspaper editors have delved deep to select adjectives. that best fit the § outstanding motion pic~ § ture of the year.
your super praises, too, 3
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