Show T'S TS New s Steel Will Tend T end to Reduce Prices PITTSBURG Pa Aug 27 21 AP AP- AP Use of steel a substitute for some of the steels now utilized In n the manufacture of many kinds of machinery will undoubtedly tend to reduce the strain on the nations nation's pocketbook pocketbook-as as the production cost costIs costis cost costis is declared by Its makers malters to be be considerably lower than that of materials materials materials ma ma- now used The new product product prod prod- a surfaced hard-surfaced steel with ith a tough but ductile inner core has been perfected by the Jones Laughlin Steel corporation after years of research The field for the new steel an official of official official of- of of the company has ha- pointed out lies In the fact that there has Ims arisen an insistent demand for a steel for parts of automobile and airplane engines as well as laborsaving laborsaving labor labor- saving savIn devices for the home office and factory which would serve the same purposes as special alloy steels without being as costly Severe tests of in lead lead- r ing automobile factories and elsewhere elsewhere elsewhere else else- where In machinery where there are parts su subjected to severe wear repeated repeat d shocks and high stresses Have resulted in speeding up production production pro pro- and at the same time reducing reducing ing ng cost Other rek reports orts on n the substitute substitute substitute sub sub- for the hard all-hard steel declare It extends the life of cutting tools augments drilling speed and has full qualifications for case hardening I and forging These advantages the company company contends will contribute contrIbute toward lower selling prices of a l large rge number number number num num- ber of commodities in general public public pub pub- I lic use which is is' is isa a a. a product of ot the open hearth furnace will be exhibited exhibited ex ex- ex- ex at the Exposition of the American Society for Steel Treating in Chicago next month in the form of hot rolled roBed and cold finished bars and automobile and other ery parts |