Abstract: Disclosed is apparatus for feeding length stock into a work tool such as a punch press. The feed apparatus includes a pneumatically operated traveling clamp and a pneumatically operated fixed position clamp. The traveling clamp is linearly reciprocated between two positions by a pneumatically operated lever and linkage which varies the velocity of the traveling clamp proportionately with distance from the fixed position clamp to decelerate the traveling clamp as the feed stock reaches the desired position in the work tool. Interdependent pneumatic control systems for sequencing the advancement of the stock with the cyclic operation of the work tool and for sequencing the clamps with the feed advancing mechanism are also disclosed.