This machine punches the nails from a rod, which has been previously rolled to a peculiar shape, to produce a number of partly-formed nail blanks, of which several are arranged side by side, with their length parallel to the width of tke rod. The peculiar form to which it is rolled gives it in ccrtain parts of its longitudinal section the appearance of a ratchet, and the invention consists in employing the nail rod itself as part of the ratchet motion which feeds the machine. The invention also consists in giving the punches a series of movements back and forth to the nail rod, and a similar intermitting motion along the rod, so that a greater number of nails than the number of the punches may be cut from the width of the rod. John Wootton, of Boon-ton, N. J., is the inventor of this machine.