Document bOE1ZZmkpayybZD75qqD0aQXy

SOUTHWARK STATION STARTS ment is the oiiless (jps* Each 10,000' Vvn transformer bank consists of l singlc-phast air*cooia^ transformers. Tlie uniMfpa substation transformers, lighting uonsformera and lighting regutatora ore natural-drab, air-cooled. AH circuit breakers for 4-kv and lower voltages are air breokers of the drawout typo. |n all station lighting, past experi ence and the newer developments were carefully considered. One significant change has been the use of cold-cathode lighting for the administration section of the building, control room and the switch house. Turbina room and healer bay have high bay-type units using twin mounting of incandescent lamps and 400-watt mercury unite. Dust-tight incandescent units are used in the boiler room. Building. Exterior walls are red brick with glass block windows. Louv ers are placed where admission of outside air is needed. Interior wells ore glazed brick. Main building and major equipment on the ground floor are supported on concrete-filled piles, bearing in a gravel stratum about 50 (l below grade. - Structural frome is steal, fireproofed where needed. Crating has been used considerably for flooring for economical reasons and better ventila tion and lighting. Construction of coal tower and screen house matches that oi the main build ing, except the piles, which are the standard wood type used for piers with the cut-off below mean tide. Wash and locker rooms are mostly centralized on the 2nd and 3rd floors of the building's administration section, which Is nearest the entrance gate and most convenient for men coming to and from work. This arrangement gives better accommodation with a smaller amount of equipment and at a lower cost than do several locker roomsToilet facilities are distributed con veniently throughout the buildings. The small utility rooms represent a new step in Philadelphia Electric Co station layout. They oScr better eat ing conditions, at six points In the main building and at one point in the coal tower. Each room provides shift men with a refrigerator, hot plate, coffee percolator end a 4-section storage cnblnet for supplies and utensils. In addition to telephones a public ad dress system is installed for operation and paging. <1 |U6) Can Be a Good Year Too ^^can expect good business to run on Sifthrough 1948. Sot old-time competition is close upon 4$-: gfhd 1949 will be a critical year for all of making lower taxation imperative. Npfr. JtiSse arc the conclusions drawn from a na- .tjfovride survey of industry's plans for new plants 12$[equipment which McGraw-Hill has just com pleted. Here are the major findings: ''^LVCapital expenditures in 1948 may be a little lower -- but at the most only 8% lower -- than .^inl&47.- ; V^ln 1949 capital expenditures may decline. 1940 ' plans are still fluid. However, those which have t^J;bech projected now show a falling off. (Wash ington planners, please nolo: Current, official ^attempts to discourage capital expansion may &L'lurn qul to be?.superfluous -- or downright Ig^'dangerous.) " ... ssiws zz*Vt*. jttt th mr_ A.4umiyp-o5w+-e6r0bwut, .pv4aoAvtvi-o*j.jn.0e..--s.6e.e.Oorv~ice bus, ys3?2 2 222 2 2 2 wvA/WujxrSpmo-awrortr-njbut.* 4'"'>'OTs . * L trt* + ^-Boiler A To 440vboiter Itl turbine *U>powtr tel A/tvt* on* I M'WS.2 Av (ffpiad tovwb*rMatwwJj Jb 4*0* mi)e nufffpAxt/J .. \-+"turbine .1 "^Industry's initial postwar rebuilding will be p W%,compWlc at the end of 1948. When this first wave of deferred maintenance and expansion la finished, American industry, will have more ^Acj.1, than half again the capacity it-had in.1939. This ^ca Q01 mean the end of.needed capital expend dihires. Business will need to invest much more. ^(President Truman sets an investment goal LmMediately ahead of $50 billion.) But It, does &v * ^an that tough competition is returning fast. LZ------ ""Mtod - -t fWfe'J&,L,, , , *1*bv boiler !tSOO^rm~b* A turbine owr 4AvJ*'* JgjrYOU WAfrr jult doialU of thi McGraw-Hill iw ; i.^V of-Capital Expenditure*, leWcfi'U^umtiierUed in !v% editorial, tariu to the Emomk! - Deportment, ^WcOraw-Hm publuhtnp Company; 530 West 42nd These are solid facts, based bn plans which are firm ly made by.a broad cross-section of American Indus try and which the McGraw-Hill survey revealed. The greatest'contribution of this survey is the information it supplies on business plans for the pur chase of new plants and equipment. Wliat business planned to do about such expenditures was by far the biggest unknown clement in the 1948 outlook. For, if business planned to slash Its outlays for plants and equipment this year, that fact alone could bring a sharp downturn in business. In making this survey, McGraw-Hill researchers all over the nation personally interviewed top execu tives of companies selected to make up a scientific cross-section of industry. Each executive was asked to give, not his opinion about general business trends, but /actual'details about his company's plans for 1948. By adding together the plans of the companies interviewed, McGraw-Hill has secured, for the first time, a reliable picture of what business plans to do in the months ahead. Hare are plans for 1948 and 1949, as revealed by the survey: 1. Industry still needs more than a year to finish its initial postwar maintenance and rehabilitation program. Among manufacturing industries, top executives report tliat'64% of their program for the immediate postwar period is now complete. According to present plans, 85% will be Installed by the end of this year even though some manufacturing industries still have a long way to go. For instance, oil companies will complete only three-quarters of their presently planned expansion program by the end of 1948... 2. Business may spend less on new plants and equipment this year than the. record $16.1 billion spent last year. But the decline POWER M.tcfc ""j