looks like a 68ksi (fcy) steel ? (reverse calc'ing the Euler curve)
why would the welded section be twice as effective as non-welded ? ... heat-affected zone increasing the allowable ?, but wouldn't this benefit be localised to the weldment ?
i'll assume you know the euler equation.
the johnson curve, for short columns, is a parabola with a max. strength of fcy, and tangent to euler at 1/2*fcy