Professional Documents
Culture Documents
of a Dollar
1860 - 2009
The Value
of a Dollar
Prices and Incomes in
the United States
1860 - 2009
By Scott Derks
PUBLISHER: Leslie Mackenzie
EDITORIAL DIRECTOR: Laura Mars-Proietti
EDITORIAL ASSISTANT: Jael Bridgemahon
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The Value of a Dollar : Prices and Incomes in the United States, 1860-2009 / by Scott Derks. — 4th ed.—
704pp. ; 3.048cm.
ISBN: 1-59237-403-8
1. Prices—United States—History. 2. Wages—United States—History. 3. Purchasing power—United States—History. 4. Cost and standard
of living—United States—History. I. Derks, Scott.
vii
Introduction
Welcome to the third edition of The Value of a be sold at widely varying prices in the same
Dollar, 1860-2004. The first two editions were store, based on the season, the availability, the
similar in their coverage. This third edition, retailer’s need for cash or the consumer’s
too, is similar but has many new features. First, demand. Within the same city the price of an
we have changed the look of the book with a item may vary based on the cost of inventory,
new, consistent design. Second, we have added overhead, competitive pressures, demograph-
hundreds of photos throughout to give more ics of the retailer’s customer base, a holiday
meaning to all those numbers. Third, you’ll find sales promotion, cash flow or simply the whim
hundreds of new items in both the Selected of the owner. Many statistical studies accurate-
Income and Selected Prices sections from 1860 ly trace wholesale prices; few attempt to define
to 2004. In fact, this edition is bigger than the the value of a dollar to the consumer at the
last edition by more than 200 pages. And this point of purchase. The sources of prices report-
third edition now has an index. ed in this book are the same as those available
to the consumer at the time: trade cards in the
The biggest news, however, is a brand new sec- 1880s, newspapers, magazines, catalogues,
tion—Pricing Trends. This section compares direct-mail letters and posters. In all, more than
the cost of everyday products, services and jobs 500 sources were used.
not only over a specified number of years, but
also shows how those prices compare to today’s Section One
dollar. Using both bar charts and numeric tables, The first section of this book is divided into six
you’ll see, for example, that a first class postage chapters, all of which follow a standard format,
stamp was actually more expensive in 1900 (.41) except the first, which covers the era from the
than in 2000 (.34), and that the salary of the Civil War to 1899, when the groundwork was
President of the United States is worth consider- being laid for a national consumer economy.
ably less today than in earlier years. Because less information is available for that
period, less is reported than in other chapters.
This book is still about practical economy: what For most of this first 40-year span, government
things have cost and how much money people statistical gathering was in its infancy; few
have had to buy them. The Value of a Dollar newspapers and fewer magazines carried specif-
records the actual prices of thousands of items ic product advertising, and advertisements for
that consumers purchased from the Civil War to jobs were few. Trade cards, newspapers, maga-
the present, along with facts about investment zines and some government reports served as
options and income opportunities. Most con- the primary resources for this period.
sumers do not make personal economic deci-
sions based on models, indexes and trends. Subsequent chapters cover the periods 1900—
Their buying choices are typically based on 1919; 1920—1939; 1940—1959; 1960—1979; and
weighed options: the need to pay a large elec- 1980—2004. Each chapter begins with a back-
tricity bill versus a desire to buy a new dress; ground essay describing the major social and
the enjoyment of eating in expensive restau- economic forces of the period. The price and
rants measured against the pleasure of owning a income reports are grouped in five-year sub-
nice automobile; buying four-for-a-dollar sum- chapters. Each subchapter includes the follow-
mer corn versus a happy-hour draft beer. ing elements:
Pricing is an inexact science. In any given year Historical Snapshot—A chronology of key eco-
the same item—a raincoat, for example—might nomic and historical events from each year.
ix
Introduction THE VALUE OF A DOLLAR
Consumer Expenditures—A report on per-capi- not later, and quantities reported are adjusted
ta consumer prices of the day nationwide to to correspond with the custom of the market-
serve as a benchmark for specific wage and place.
price information. This information, based on
reports compiled by the U.S. Bureau of Selected Prices—A selection of priced items
Economic Analysis, is available annually from selected from advertisements of the period.
1929 to present. Before 1929 it was compiled Advertising has one purpose: to sell prod-
only for certain years—1909,1914 and at two- ucts—sometimes through fashion or need, but
year intervals beginning in 1919. Totals given often through price. The prices advertised in
are for the items listed only. Such costs as fed- magazines, newspapers, sales catalogues,
eral, state and local taxes are not included. posters and direct-mail letters were used to
create the bulk of selected prices. A descrip-
Investments—A selection of investment returns tion of each object helps indicate whether the
compiled from Federal Reserve reports, includ- advertised price was discounted; whether the
ing a diversified portfolio of common stocks, object was the top of the line or a bargain-
monitored annually with splits and dividends basement sale item. The source of the adver-
noted. Dividends were not reported in a stan- tisement provides geographic clues to offer-
dardized fashion until 1927, and thus annual ings and pricings. Dates of the advertisement
dividends have not been indicated here before in which the price was offered are provided in
that date. the sources column.
teachers who seek information to enliven a story with economic details. The Value of a
classroom discussions while broadening their Dollar is for both the user who simply wants
students’ understanding of the quality of to know what life was like during the time of
American life; writers who need access to the his or her great-grandparents and the serious
basic facts of American commerce; business student engaged in historical research. Now,
historians seeking data to establish a frame- with the new Pricing Trends, this third edi-
work of wage and price information during a tion of The Value of a Dollar is even more
specific period; reporters seeking to enhance interesting and useful.
xi
Contents
xvi
THE VALUE OF A DOLLAR Contents
Ocean Cruise from New York City to Bermuda 669
Rail Fare from New York City to San Francisco 670
Roll of Film . . . . . . . . . . . . . . . . . . . . . . . . . . . . .671
Suitcase . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .672
Ticket to Broadway Show . . . . . . . . . . . . . . . . .673
xvii
The Value of a Dollar, 1860-2008
Composite Consumer Price Index; 1860=1
xix
1860–1899
The Age of Endeavor
PRESIDENTS
Abraham Lincoln* 1861-1865
Andrew Johnson 1865-1869
Ulysses S. Grant 1869-1877
Rutherford B. Hayes 1877-1881
James A. Garfield* 1881-1881
Chester A. Arthur 1881-1885
Grover Cleveland 1885-1889
Benjamin Harrison 1889-1893
Grover Cleveland 1893-1897
William McKinley* 1897-1901
* assassinated
istorians disagree about whether the Civil 1890, 25 percent of the world output of coal was
1
Background, 1860-1899 THE VALUE OF A DOLLAR
beginning a long-term recovery. Congress re-acted cent; at the end of the period the North Central region
with increasingly restrictive tariffs to protect had grown to nearly 35 percent, followed by the South,
American businessmen from foreign competition. with 32 percent.
The promise of wealth offered by investment op- The social changes imposed by the capitalistic
portunities gave rise to actions that had national reper- fervor of the Age of Endeavor prompted energetic re-
cussions. In September 1873 the failure of the banking form movements. Labor unions protested against the
house of Jay Cooke & Co., the most prominent in the abuse of workers. Wages were low, sixty-hour work-
country, led to a series of failures among banks and weeks were common, and working conditions in fac-
brokerage houses, resulting in a five-year decline in the tories were often deplorable. Between 1880 and 1900
economy despite the continued expansion of industry unions organized twenty-three thousand strikes. By
and increases in equipment purchases. After a brief re- the end of the 19th century the newly formed
covery the depression resumed, reaching its nadir in American Federation of Labor had gained supremacy
1893 with a crisis caused by the failure of Baring as the chief labor advocate in America. By 1904, eigh-
Brothers, a British banking house, and the resulting teen years after it was founded, the AF of L claimed
sale of American securities held abroad. The drain of 1.676 million of 2.07 million total union members.
gold caused American reserves to fall to dangerously Agricultural reform was advocated by the
low levels. Investors panicked; Congress reacted with Granger Movement, which attracted 850,000 farmers
gold-price supports. seeking cooperative marketing, higher prices for agri-
The last half of the nineteenth century saw expan- cultural products, and relief from high railroad
sion in the United States. Population went from 31.5 freight rates. With support from merchants the
million in 1860 to 76 million in 1900, of whom about 13 Grangers were successful in sponsoring legislation
million were immigrants. Twelve states were added to regulating railroad rates and in gaining popular sup-
the Union, for a total of 45. Alaska, Hawaii, the port for their opposition to monopolies.
Philippines, and Puerto Rico were either purchased or The most-visible social-reform movements were
annexed. To encourage the economic development of those organized by women suffragists, who fought
the West, the Homestead Act of 1862 offered any for women’s right to vote, and the temperance cru-
American citizen 160 acres of government land free if saders, who sought the prohibition of alcohol. Both
the homesteader lived on it for five years; after six issues were hotly debated during the period, and the
months a homesteader could purchase the land for groundwork was laid for constitutional amendments
$1.25 per acre. The result was a 700 percent (3.5 million addressing the reformers’ concerns: the 18th
persons) growth in population in the West between Amendment (1919) prohibited the manufacture, sale,
1860 and 1900. The South was now the most populated or transportation of intoxicating beverages; and the
region of the United States, with over 35 percent of the 19th Amendment (1920) extended to women the right
total population, followed by the North, with 34 per- to vote.
2
THE VALUE OF A DOLLAR Historical Snapshot: 1860-1899
HISTORICAL SNAPSHOT
1860-1899
1860 Elisha G. Otis patents a steam-pow- Union Pacific Railroad construc-
Abraham Lincoln elected president ered elevator tion reaches Kansas City
with 40 percent of the popular vote The McCormick reaper sells for Inflation reduces value of
U.S. cotton exports equal $192 mil- $150, up from $100 in 1849 Confederate money to $1.76 per $100
lion of the nation’s export total of Baltimore canner Isaac Solomon re- Linus Yale patents Yale Lock
$334 million duces the average processing time W. R. Grace & Co. formed to en-
John D. Rockefeller enters the oil for canned goods from 6 hours to gage in South American trade
30 minutes using calcium chloride
business
Elizabeth Cady Stanton urges 1866
1862
women’s suffrage in an address to a Prices begin rapid rise following war
joint session of the New York State Homestead Act provides 160 acres,
Tin can with a key opener is
Legislature free to settlers of western land
patented
Oneida Community grosses
Western Union’s telegraph forces
Breyer’s Ice Cream founded
$100,000 from the sale of the Pony Express into bankruptcy
John Hancock Life Insurance
Jack Daniel’s Tennessee Sour Mash
Newhouse animal trap Whiskey introduced
Company founded
First Pony Express Riders deliver Nebraska admitted to Union
mail from St. Joseph, MO, to Land Grant Act funds land grant
Sacramento, CA, in ten days; Rates college for the education of farmers
Beer taxed at $1 per barrel to fi- 1867
range from $2 to $10 per ounce, de-
pending on distance nance war effort French engineer George Leclanche
invents first practical dry-cell bat-
Palmolive Soap created using a
1863 tery
new soap-milling machine demon-
strated at the St. Louis Exposition President Abraham Lincoln’s Pacific Mail Steamship Company
Emancipation Proclamation takes begins service from San Francisco
New York’s Tiffany & Co. sells a
effect, frees nearly 4 million slaves to Hong Kong
pearl necklace for $1 million
Government guarantees Central University of Illinois and University
Checkered Game of Life board of West Virginia founded
game is introduced by Springfield, Pacific and Union Pacific Railroads
$16,000 for every mile of track laid, More than half of all U.S. working
MA, lithographer Milton Bradley
$48,000 per mile through mountains people employed on farms
U.S. population reaches 31.4 mil-
Boston College founded
lion, double its 1840 level
Travelers Insurance Company cre- 1868
ated to insure accidents House of Representatives votes to
1861
Bay Sugar Refining Company starts impeach President Andrew Johnson
Ten Southern states secede from in San Francisco Navajo chiefs forced to sign treaty
the Union
establishing 3.5-million-acre reser-
Civil War begins when Fort Sumter, in 1864 vation
Charleston Harbor, SC, is fired upon
Ulysses S. Grant given command of Metropolitan Life Insurance
New York’s Bellevue Hospital Union Army Company founded under reorgani-
Medical College is established zation of National Travelers
Inflation devalues Confederate cur-
Louis Pasteur refutes the idea of rency to $4.60 per $100 Insurance Company
spontaneous generation and ad- The University of Kansas and Rand McNally & Co. founded
vances germ theory University of Denver formed U.S. wheat prices fall to 67 cents
Congress levies first U.S. income George M. Pullman and Ben Feld per bushel
tax; law taxes incomes in excess of patent railway sleeping car Tabasco sauce introduced by
$800 at the rate of 3 percent Edmund McIlhenny
U.S. wheat prices reach $4 per bushel
U.S. banks suspend payments in gold European immigrants pour into U.S.
MIT, University of Colorado, for Homestead Act free land and fac- 1869
University of Washington founded tory jobs left vacant due to the war Union Pacific Railroad and Central
I. M. Singer sells more sewing ma- Pacific reduce New York to San
chines abroad than in America, has 1865 Francisco travel time from three
profits of $200,000 Civil War ends and President weeks to eight days
John Wanamaker opens a Philadelphia Lincoln assassinated; War claims a Wall Street suffers first “Black
menswear shop, becomes pioneer of total of 360,222 Union men, 258,000 Friday,” ruining many small in-
fixed-price sales Confederate vestors
3
Historical Snapshot, 1860-1899 THE VALUE OF A DOLLAR
Stanley Rule and Level Co. buys Montgomery Ward Co. founded in New York’s Central Park completed
patent rights to first metal plane Chicago, aimed at members of the BVD underwear introduced by New
Purdue University founded in Grange York’s Bradley, Voorhees, and Day
Lafayette, IN McCall’s magazine begins publica-
First U.S. plow with a moldboard 1873 tion under the name The Queen
entirely of chilled steel patented Congress makes gold the sole U.S. Eli Lilly Company founded
Armour & Co. adds beef to its line monetary standard
of pork products U.S. silver yield reaches $36 mil-
1877
lion, up from $157,000 in 1860
Granola introduced by James
1870 Greenback party organized, claim-
Harvey Kellogg
New York’s F. A. O. Schwartz toy ing a shortage of money to be the
cause of hard times First low-rent housing project
shop opens on Broadway opens in Brooklyn, NY.
First through railway cars from the U.S. suffers second “Black Friday”;
Businessman Alfred Tredway
Pacific Coast reach New York City stocks fall; 5,000 business firms fail
White charges tenants $14 per
Steamships account for 16 percent San Francisco’s cable streetcar month
of world shipping goes into service
Singer Manufacturing company
Smith Brothers Cough Drops are Henri Nestle’s Infant Milk Food in- cuts price of sewing machines in
patented by William “Trade” and troduced in U.S. half as depression of 1873 contin-
Andrew “Mark,” whose bearded Barbed wire exhibited at the ues
faces serve as trademark DeKalb, IL, county fair Washington Post begins publica-
Women enter University of Michigan tion, charging 3¢ per copy
for first time since it was founded in 1874
Bessemer steelmaking process
1817 R. H. Macy & Co. displays doll col- cuts barbed wire prices from 18¢
Texas Christian University lection in the world’s first per pound to 8¢ per pound
founded in Fort Worth Christmas window
First telephone exchange organ-
U.S. corn crop reaches 1 million
Remington typewriter introduced
ized at Lowell, MS
bushels for the first time by F. Remington & Sons Fire Arms
Co., costing $125 each
1878
1871 Levi Strauss blue jeans add rivets
and sell for $13.50 per dozen Chase and Sanborn packs first
1836 Colt redesigned to extend its roasted coffee in sealed can
effective range Margarine is introduced in U.S.
Edison Electric Light Co. founded
First shipload of bananas lands at Women’s Christian Temperance
Union founded at Cleveland 10,500 businesses fail as depres-
Boston, 14 days out of Kingston, sion of 1873 continues
Jamaica New pressure-cooking technique
improves canning process Bland-Allison Act makes the silver
University of Arkansas founded at dollar legal tender
Fayetteville
1875 Mennen’s Sure Corn Killer intro-
Barnum’s Circus opens in Brooklyn,
Prudential Insurance Co. is duced by Newark, NJ, pharmacist
NY; grosses $400,000 in first season Gerhard Mennen
founded in Newark, NJ
C. A. Pillsbury & Co. founded by
George F. Green patents electric 287.42-carat Tiffany diamond dis-
Minneapolis miller Charles Alfred
dental drill covered in South Africa’s Kimberly
Pillsbury Mine
U.S. population reaches 39 million, Vaseline petroleum jelly introduced
by Chesebrough Manufacturing Co. Hutchinson Bottle Stopper in-
surpassing France, Italy, and Great
U.S. cigarette production reaches vented to seal in carbonation of ef-
Britain fervescent drinks
50 million
1872 Chinese orchard man in Oregon de-
velops Bing cherry 1879
U. S. Grant reelected despite
charges of corruption New York Condensed Milk Co. be- Thomas Edison demonstrates first
gins selling canned milk practical incandescent light bulb
Susan B. Anthony arrested for at-
tempting to vote in presidential
Cleveland and San Francisco install
election 1876 arc-lamp streetlights
Commercial production of celluloid First Fred Harvey restaurant opens Standardization of pharmaceutical
begins under a patent obtained by in the Santa Fe Railroad depot at drugs pioneered by Parke Davis &
John Wesley Hyatt Topeka, KS Company
Vanderbilt University founded in Heinz Tomato Ketchup introduced McCormick’s reaper sells for
Nashville, TN, with a grant from Bananas introduced as foil-wrapped $1,500, up from $150 in 1861
Commodore Vanderbilt novelty at the Philadelphia fair cost- Photography revolutionized by
Congress enacts first consumer ing 10¢ each Speed Dry Plate
protection law, making it illegal to W. Atlee Burpee & Co. founded to Scott Paper Company founded in
use the mail fraudulently sell livestock by mail Chester, PA
4
THE VALUE OF A DOLLAR Historical Snapshot: 1860-1899
Lambert Pharmaceutical Company Ladies’ Home Journal begins publica- Statue of Liberty dedicated
founded in St. Louis tion; Cyrus H. K. Curtis is publisher
Women given right to practice law Thomas Edison invents the radio 1887
before the Supreme Court tube Quaker Mill Company registers the
First malted milk produced in first trademark for a breakfast ce-
1880 Racine, WI real—a man in Quaker garb
539,000 Singer sewing machines First successful pea-podder ma- First ready-to-use surgical dress-
sold, up from 250,000 in 1875 chine installed in Owasco, NY, re- ings introduced by Johnson &
U.S. has 100 millionaires placing 600 cannery workers Johnson
New England’s ice crop fails because Railroads ordered by Congress to
of warm weather; ice prices soar 1884 keep rates fair and reasonable
A&P grocery stores operate 95 Linotype typesetting machine Thomas Edison invents first motor-
stores from Boston to Milwaukee patented by Ottmar Mergenthaler, driven phonograph
Plush Del Monte Hotel in Monterey, revolutionizing newspaper com- Telephone listings surpass 200,000
CA, opens posing rooms Wheat prices fall to 67¢ per bushel
Halftone photographic illustrations More than 80 percent of the petro- Log Cabin Syrup introduced by St.
appear in newspapers for the first leum from U.S. oil wells is mar- Paul, MN, grocer
time keted by John D. Rockefeller’s
Standard Oil Trust
White Rock Mineral Springs
Midwest farmers burn corn for fuel; Company established in Wisconsin
prices too low to warrant shipping National Cash Register Company
(NCR) founded
Ball-Mason jars introduced
Waterman pen invented by New
Ice-making machines supercede
1881
York insurance agent Lewis Edson blocks of ice at Western Cold
President James Garfield assassi- Storage Company in Chicago
nated Waterman
Supreme Court rules 1862 federal Montgomery Ward catalogue offers
10,000 items 1888
income tax law unconstitutional
Alternating-current electric motor
Diamond Match Co. created developed
1885
Southern Pacific Railway links New Anti-Chinese riots erupt in Seattle
Orleans with San Francisco Westinghouse Electric &
Manufacturing Co. founded Burroughs adding machine pa-
Marquette University founded in tented
Milwaukee Evaporated milk produced com-
mercially for first time National Geographic begins publi-
Barnum & Bailey’s Circus formed cation
through merger of two companies Maryland oyster catch reaches 15
million bushels First typewriter stencil introduced
Marshall, Field & Co. created by re-
Johnson & Johnson Company Parker Pen Company started in
organization
founded Janesville, WI
Chicago meatpacker Gustavus F.
Corn crop tops 2 billion bushels Immigration from Britain peaks
Swift perfects refrigerator car to take
Chicago-dressed meat to East Coast per year for first time Tobacco merchant Washington B.
Good Housekeeping magazine be- Duke produces 744 million ciga-
1882 gins publication rettes
An internal combustion engine Parker Brothers founded to market Ponce de Leon Hotel opened at St.
powered by gasoline is invented by board games Augustine, FL
German engineer Gottlieb Saimler
Electric cable cars are installed in 1886 1889
Chicago; they travel 20 blocks, av- A record 610,000 workers strike na- Oklahoma Territory lands formerly
eraging less than 2 miles per hour tionwide seeking 8-hour day, better reserved for Indians opened to
Only 2 percent of New York homes working conditions white settlers
have water connections Capture of Geronimo ends last ma- Safety bicycle introduced; more
Andrew Jergens Company founded jor Indian war than 1 million will be sold in the
to produce soaps, cosmetics, and Commercial aluminum production following four years
lotions pioneered Electric lights installed in White
Canadian Club whiskey introduced Johnson’s Wax introduced at House
by Hiram Walker distillery Racine, WI Wall Street Journal begins publica-
Van Camp Packing Company A decade of intermittent drought tion
Incorporated produces 6 million begins on Great Plains; nearly 60 I. M. Singer Company introduces
cans of pork and beans for ship- percent of range livestock dies first electric sewing machine
ment to Europe and U.S. markets Coca-Cola sold for first time, at Aunt Jemima pancake flour in-
Jacob’s Pharmacy in Atlanta vented at St. Joseph, MO
1883 Hires’ Root Beer introduced in bot- Calumet baking powder created in
Brooklyn Bridge opens tles Chicago
5
Historical Snapshot, 1860-1899 THE VALUE OF A DOLLAR
1890 1893 Michelob beer introduced
Congress increases import duty to Philadelphia and Reading Railroad Cracker Jack and Tootsie Roll can-
record highs goes into receivership dies introduced
First commercial dry-cell battery Recession continues; Chicago’s Klondike gold rush begins
introduced Pullman Palace Car Company re- Radioactivity discovered in uranium
3 percent of Americans age 18 to duces wages by one-fourth
21 attend college First Ford motorcar road tested 1897
Literary Digest begins publication Wrigley’s Spearming and Juicy Bituminous coal miners stage 12-
Fruit chewing gum introduced by week walkout
Population of Los Angeles reaches
50,000, up 40,000 in ten years William Wrigley Jr. Continental Casualty Company
Name Sears, Roebuck & Company founded
Two-thirds of nation’s 62.9 million
people live in rural areas used for first time Dow Chemical Company incorpo-
Cream of Wheat introduced by rated
First aluminum saucepan produced
Diamond Mill of Grand Forks, ND Winton Motor Carriage Company
New York’s 13-story Waldorf Hotel organized
1891
opens Mail Pouch tobacco introduced
Restrictive antiblack “Jim Crow”
Wheat prices rise to $1.09 per bushel
laws enacted across South
1894 Jell-O introduced by Pearl B. Wait
First full-service advertising agency
established in New York City Income tax imposed on annual in- Boston’s H. P. Hill uses glass bot-
comes of $4,000 or more tles to distribute milk
First electric oven for commercial
sale introduced at St. Paul, MN Strikes cripple railroads; federal
government intervenes 1898
Thousands of Kansas farmers First shots of Spanish-American
bankrupted by tight money condi- 750,000 workers strike during year
War fired
tions Oil discovered at Corsicana, TX
Louisiana “grandfather clause” re-
$3 million Tampa Bay Hotel com- Hershey Bar introduced
stricts most blacks from voting
pleted in Florida Wheat prices down to 49¢ per bushel Union Carbide Company is founded
American Express Traveler’s Winchester M1894 lever-action rifle Motorcar production reaches 1,000
Cheque copyrighted introduced per year
Ceresota flour introduced by Goodyear Tire and Rubber
Northwestern Consolidated Milling 1895 Company founded
Company Pneumatic tires put on motorcars New York Times drops price from
for first time 3¢ to 1¢ daily; circulation triples
1892 Underwood Typewriter Company Pepsi-Cola introduced by New
Steelworkers strike Carnegie- founded Bern, NC, pharmacist Caleb D.
Phipps mill at Homestead, PA; vio- Treasury gold reserves fall to $41 “Doc” Bradham
lence erupts million as depression continues Uneeda Biscuits created
Improved carburetor invented Collier’s Weekly and Field and
General Electric Company created Stream magazines begin publication 1899
through merger $4.1 million Biltmore House, J. P. Stevens & Company founded
$1 Ingersoll pocket watch intro- world’s largest private home, com- in New York
duced pleted at Asheville, NC Trolly replaces horsecars in Boston
Chicago’s first elevated railways go Pocket Kodak camera introduced Automobile production surpasses
into operation to begin the Loop by Eastman Kodak 2,500
First U.S. motorcar produced at Wesson Oil developed
Springfield, MA, by the Duryea 1896 United Mine Workers of America
brothers Utah admitted to Union founded
Hamilton Watch Company founded Bicycle industry reports sales of $60 First concrete grain elevator
Country has 4,000 millionaires million; average bike sells for $100 erected near Minneapolis
First successful gasoline tractor S&H Green Stamps issued for first Boll weevil begins spreading across
produced by Waterloo, IA, farmer time cotton-growing southern states
6
THE VALUE OF A DOLLAR Selected Income, 1860-1899
7
Investments, 1900-1904 THE VALUE OF A DOLLAR
INVESTMENTS 1870-1899
Investment 1870 1871 1872 1873 1874
Basic Yield, Common Stocks, Total 6.51 7.02 5.78 5.12 4.70
Index of Common Stocks (1941⫺1943⫽10) 4.45 4.06 3.14 3.38 4.12
Basic Yield, Common Stocks, Total 4.78 4.84 5.18 5.69 6.31
Index of Common Stocks (1941⫺1943⫽10) 5.21 6.25 5.90 5.63 4.74
Basic Yield, Common Stocks, Total 5.09 3.85 4.24 4.18 3.88
Index of Common Stocks (1941⫺1943⫽10) 4.60 5.36 5.53 5.20 5.32
8
THE VALUE OF A DOLLAR Stadard Jobs, 1860-1869
9
Standard Jobs, 1869-1874 THE VALUE OF A DOLLAR
10
THE VALUE OF A DOLLAR Standard Jobs, 1875-1879
11
Standard Jobs, 1880-1884 THE VALUE OF A DOLLAR
12
THE VALUE OF A DOLLAR Standard Jobs, 1885-1889
13
Standard Jobs, 1890-1899 THE VALUE OF A DOLLAR
14
THE VALUE OF A DOLLAR Selected Prices, 1860-1899
Advertising
Advertising Budget Cecil Munsey, Coca-Cola; amount spent for advertising in 1886 $73.96
The Illustrated Guide
to the Collectibles
of Coca-Cola
(1972)
Advertising Rate The Plantation Full page $20.00
(1872)
Advertising Rate Demorest’s Per line solid agate space $0.75
Illustrated Monthly
(1873)
Apparel, Children’s
Hat Advertising Trade Boy’s school hat $0.25
Card
(1892)
Knee Pants The Delineator Boy’s; we take remnants of fine woolens,
(1896) give them to our merchant tailoring department,
and make them into boy’s knee pants $0.50/$0.75/$1.00
Parasol New York Times Sun umbrellas $0.50
(1877)
School Outfit Ladies’ Home Our combination suit; extra pair pants and
Journal hat to match; for boys 4 to 14 years $5.00
(1893)
Shoes Advertising Trade Button boats; $10,000 worth of
Card boots and shoes better than ever $0.60
(1875)
Snap Waist Ladies’ Home Cupid; no more buttons to sew on;
Journal no buttonholes, no buckles $1.00
(1893)
Suit Advertising Trade Nobby $2.00
Card
(1885)
Suit Chicago Daily Tribune Jerome suits; 4 to 11 years old $3.00
(1882)
Suit Ladies’ Home Boy’s combination; consisting of double-breasted
Journal coat, two pairs of knee pants,
(1893) and a nice hat—all made to match $5.00
Suits Advertising Trade Cooperative clothing, come and be
Card convinced; we are the people that quote
(1892) the lowest prices
Apparel, Men’s
Clothing R. H. Macy & Co. Silk walking costumes; in solid colors $16.84
Advertising Flyer
(1881)
Collar New York Times Keep’s; best four-ply linen $0.15
(1895)
Collar Harper’s Weekly American Steel; snow-white; linen-finished; $1.25
(1865) illusion-stitched
Collars and Cuffs The Ledger Linene; stylish, convenient, economical,
Monthly made of fine cloth; the turn-down collars
(1899) are reversible and give double service;
ten collars or five pairs of cuffs $0.25
15
Selected Prices, 1860-1899 THE VALUE OF A DOLLAR
Cuff Holder Demorest’s Invisible; just out; impossible to get out of order $1.00/2 dozen
Family Magazine
(1890)
Cuffs The Youth’s Linene; reversible; look well, feel well,
Companion wear well; made of fine cloth; when soiled,
(1898) reverse, wear again, then discard $0.25/5 pairs
Gloves Spirit Of The Kid and dogskin, embroidered backs, all shades $1.50
Times
(1877)
Golf Cap New York Keep’s; correct styles $1.00
Times
(1895)
Half Hose Spirit Of The Elegant; in cotton worsted and merino $0.40
Times
(1877)
Hat Spirit Of The Sola; made of waterproof duck, dead grass
Times color, and in same style as east India hats;
(1877) absolute guarantee against sunstroke $3.00
Hat New York Times Fall styles; silk derbies $6.00
(1895)
Necktie Demorest’s Designed to supersede all other methods
Illustrated for fastening the bow to a turn-down collar $0.10
Monthly
(1873)
Necktie Demorest’s Demorest’s; black bows in rich red silk $0.50
Illustrated Monthly
(1873)
Neckware Spirit Of The Ties, bows, and scarves $0.25
Times
(1877)
Pants New York Times English trousers; many specialties to order $9.00
(1877)
Pants Advertising Trade Good cassimere pants $2.00
Card
(1885)
Shirt Spirit Of The Wamsutta; muslin $1.00
Times
(1877)
Shirt San Francisco Standard shirts; a shirt that will fit, look and wear
Examiner like finest custom-made $1.50
(1895)
Shirt Bosoms New York Times Kinzey’s gent’s; various styles $0.28-$0.50
(1863)
Shirts The New Orleans Stylish shirts $1.50
Picayune
(1875)
Shirts New York Times Keep’s; made to order $9.00/6
(1895)
Shoes Advertising Trade Working; $10,000 worth of boots
Card and shoes better than ever $0.98
(1875)
Shoes The State Hanan’s; handmade $3.00
(Columbia, SC)
(1891)
Shoes Advertising Trade Man’s good working shoes $1.00
Card
(1892)
16
THE VALUE OF A DOLLAR Selected Prices, 1860-1899
Shooting Coat Spirit Of The W. H. Holabird; complete waterproof duck coat $6.00
Times
(1877)
Suit Advertising Trade Fine imported Scotch suits $10.00
Card
(1875)
Suit Advertising Trade Durable working suits $4.00
Card
(1875)
Suit Advertising Trade Fine English cassimere suits $12.00
Card
(1875)
Suit Chicago Daily Tribune Putnam Apparel House; men’s single-breast frock $12.50
(1882) suit; made with Scotch cassimere
Suit New York Times Cheviot; black and blue $20.00
(1877)
Suit Advertising Trade Black cheviot $7.50
Card
(1885)
Suspenders The Yorkville $0.05 will buy a regular
Enquirer $0.15 suspender $0.05
(Yorkville, SC)
(1892)
Top coat New York Times English design $10.00
(1895)
Apparel, Women’s
Bicycle Costume The Delineator $7.50
(1896)
Bicycle Skirt The Youth’s Tailor-made; our new designs in bicycle skirts are
Companion recognized everywhere as the most practical
(1898) skirts for wheeling that have yet been produced $2.50
Bust Form The Delineator The New Hygeia; as light as a feather, tastefully
(1896) covered so that the forms can be removed and
the covering washed $0.50
Cape Harper’s Weekly Young & Conant; gossamer, waterproof;
(1875) the best storm garment ever worn; 56” long $8.25
Corset Demorest’s Hercules; supporting; woven, spoon steel,
Monthly Magazine cannot stretch, break or lose its shape,
(1881) avoids all pressure on the chest $3.00
Corset The Delineator The Henderson Flexo Girdle; every inch of it fits $1.25
(1896)
17
Selected Prices, 1860-1899 THE VALUE OF A DOLLAR
18
THE VALUE OF A DOLLAR Selected Prices, 1860-1899
Appliances
Burner and Chimney Harper’s Weekly Royal Argand; large, white,
(1887) steady light without a flicker $1.25
Oil Heater Ladies’ Home Journal Barler’s Ideal; costs less than $0.01 an hour to heat
(1893) a room 16’ square; no coal; no ashes; no odor
Baby Products
Diaper Demorest’s Family The Canfield; the only article of its kind
Magazine that affords perfect protection without harmful results 6/$0.05
(1890)
Shoes Advertising Trade $10,000 worth of boots and shoes better than ever $0.15
Card
(1875)
Soap Advertising Trade B. T. Babbitt’s; only the purest vegetable oils
Card used; a certain preventative of chafing, itching, etc. $2.50
(1870)
Collectibles
Engravings Harper’s Weekly President and Mrs. Cleveland; far superior
(1887) to lithographs; each portrait 7” x 11” $0.50
Figures The Century Rogers Group; The Peddler At The Fair;
Magazine these groups are packed without charge to
(1884) go to any part of the world $15.00
Photographs Ingalls’ Home President and Mrs. Harrison; two cabinet photos $0.15
Magazine
(1889)
Prints Spirit Of The Currier & Ives; pictures of the great trotters;
Times all in action, showing just their gait and style;
(1877) size 13 1/2” x 17 3/4” $0.20
Stamps The Youth’s Shanghai, China; 100 rare stamps $0.10
Companion
(1898)
19
Selected Prices, 1860-1899 THE VALUE OF A DOLLAR
Education
Dance Lessons San Francisco Waltz guaranteed in private; 3 months’ tuition $10.00
Examiner
(1895)
Fees Southern Christian Clemson College; board, washing, fuel,
Advocate lights for session; 40 weeks $59.00
(1897)
Piano Lessons New York Times Twenty-four lessons on the piano, at pupils’ residences $8.00
(1863)
School San Francisco Miss Bolte’s home school; board; English, French,
Examiner German, Music, Dancing $30.00/month
(1895)
Tuition New York Times Rockland Female Institute; for board and English
(1868) tuition, Nyack on the Hudson $360/year
Tuition New York Times West Branch Board School; for boys 10 to 16 years
(1868) of age, Jersey shore, Lycoming County, Penn. $225/year
Tuition The Plantation Rome Female College; for the illustration of
(1872) scientific facts and principles; extra charges will be
made for music, French, oil painting and drawing $125
Tuition Spirit Of Special training for teachers; renowned music
The Times school and school of elocution, oratory, modern
(1877) languages, drawing and painting
Classes of three pupils $10.00/quarter
Private $30.00/quarter
Tuition The State Columbia Female College; curricula on university plan;
(Columbia, SC) students entering every department according to
(1896) preparation, none held back $200/year
Tuition The Delineator University of the City of New York Law School;
(1896) Two-year $200
Post-graduate $125
Entertainment
Aquarium Ticket New York Times The Great American Aquarium; marvelous
(1877) triple-tailed Japanese fishes, beautiful vari-colored
fish, for which $2,000 was offered and refused
Children $0.25
Adult $0.50
Concert The New Orleans Grand Concert featuring Miss Corinne Bouligny
Picayune Per ticket $1.00
(1875)
Concert Ticket San Francisco Grand Concert of Music; Madame Z. Dennis, late
Daily Examiner of the Italian Opera, Paris and lately from the French
(1875) Opera, New Orleans, will make her first appearance $1.00
Concert Ticket Spirit Of The Times Gilmore’s Concert Garden; Gilmore’s Great
(1877) Military Band and other eminent artists
Per seat $0.50
Box seating four $3.00
Exhibition Tickets San Francisco Industrial Exhibition, single season tickets
Daily Examiner $3.00
(1875)
Exhibition Ticket New York Times Academy of Design Painting Exhibition; the fifty-second
(1877) Grand Annual Exhibition, 23rd St. and 4th Avenue $0.25
Exhibition Ticket Spirit Of The Times Russian Horse Trotter Exhibition at Fleetwood Park; a
(1877) display of all horses as shown at fairs in Russia, with all
styles of horse clothing and trappings used there $1.00
20
THE VALUE OF A DOLLAR Selected Prices, 1860-1899
Game Ticket Spirit Of The Times Tammy Hall Grand Billiards Match; for the champion
(1877) gold medal valued at $600 between Wm. Sexton
(champion) and Cyearillic Dion; ladies accompanied by
gentlemen free
General admission $0.50
Reserved seats $1.00
Horse Racing Chicago Daily Tribune Six Great Contests of Speed; The Cup Day and
(1882) Chicago Stakes
Admission $0.50
Lecture Ticket New York Times “How To End The War”; lecture by Col. O. T. Beard $0.25
(1863)
Museum Ticket New York Times Banvard’s Hall of Art; four Grand Panoramas
(1863) on the same night
Children $0.15
Adults $0.25
Museum Ticket New York Times Barnum’s American Museum; featuring the smallest pair
(1863) of human beings ever seen
Children under 10 $0.15
Adults $0.25
Museum Ticket Harper’s Weekly Barnum’s New American Museum; nothing to offend the
(1865) most fastidious, but everything to gratify healthy
curiosity and refined taste; two performances daily
Children $0.15
Adults $0.30
Museum Ticket New York Times P. T. Barnum at Gilmore Gardens; the very last
(1877) opportunity to witness the most tremendous
amusement combination of modern times $0.25/$0.50/$0.75
Opera Ticket San Francisco Grand English Opera, MaGuire’s New Theatre;
Daily Examiner Marriage of Figaro; reserved seats $1/$1.50/$2
(1875)
Orchestra Ticket New York Times Symphony Orchestra, Walter Damrosch, conductor
(1895) $0.25/$0.50/$1
Show Ticket Spirit Of The Times Buffalo Bill’s Wild West Show; Ambrose Park,
(1894) South Brooklyn; twice daily, rain or shine;
20,000 covered seats
Children $0.25
Adults $0.50
Skating Ticket New York Times Fifth Avenue Skating Pond; single ticket
(1863) Ladies’ $2.50
Gentlemen’s $5.00
Race Ticket Spirit Of The Times Chicago Race-Track At Harlem; six races each day $0.75
(1894)
Theater Ticket New York Times Wood’s Museum and Metropolitan Theatre; Miss Susan
(1868) Galton will appear in two of Offenbach’s comic operettas,
introducing the songs of “Home Sweet Home” and
“Lo! Hear the Gentle Lark”
Children under 10 $0.25
Adults $0.50
Theater Ticket New York Times Mark Twain American Drama at Park Theatre; farewell
(1877) engagement of John T. Raymond in his creation of
Col. Mulberry Sellers $0.50 to $1.50
Theater Ticket New York Times Comic Elephants, by George Lockhart $0.40
(1895)
Entertainment, Home
Card Game The Youth’s Dominola; home card game; fun for young and old $0.20
Companion
(1898)
21
Selected Prices, 1860-1899 THE VALUE OF A DOLLAR
Magic Lantern The Ledger Makes pictures 6’ high, plus 36 views $1.00
Attachment Monthly
(1899)
Music Box Spirit Of The Times Distin; everything in the musical line $2.50
(1877)
Music Box The Delineator The Capital; self-playing; plays any number of tunes;
(1896) standard and popular airs
44 teeth in comb, 8 tunes $15.00
162 teeth in comb, 12 tunes $75.00
Music Boxes Harper’s New Playing from one to 36 different tunes $5.50 to $6.00
Monthly Magazine
(1866)
Recording Demorest’s Elocutionist’s Annual $0.25
Illustrated Monthly
(1873)
Song Sheet Spirit Of The Times “Life’s Wheat is Full of Tares, My Boy,”
(1877) by H. P. Danks; a motto song of uncommon
sense and excellence $0.30
Stereoscopic Pictures New York Times Leggat Brothers; magnificent colored pictures $1.50/dozen
(1863)
22
THE VALUE OF A DOLLAR Selected Prices, 1860-1899
Oat Seeds Spirit Of The A distinct and hardy winter crop; free from rust;
Times makes good fall pasture $1.00/bushel
(1877)
Oats The Plantation Red Rust Proof; 500 bushels available $2.00
(1872)
Raisin Grape Vines Demorest’s Best varieties by mail 3/$0.05
Monthly Magazine
(1881)
Stud Fee Spirit Of The Trotter Alamo; the only son of Almont, the great
Times sire of trotters; mares not proving in foal can return
(1877) next season free of charge $50.00
Food Products
Baking Powder Advertising Trade Kenton; it has few equals and no superior $0.20
Card
(1870)
Baking Powder Ladies’ Home Cleveland’s; food raised with Cleveland’s baking powder
Journal has no bitter taste, but is sweet and keeps sweet and
(1893) fresh; a quarter-pound can $0.15
BonBons The Delineator Lowney’s Chocolate; name on every piece $0.60
(1896)
Candy Demorest’s Family One box candy, 100 colored pictures, 1 pack new cards $0.06
Magazine
(1890)
Candy Ladies’ Home Plows’; that’s what your Chicago friends bought when
Journal you were visiting the World’s Fair; tin boxes $0.10 extra $0.80/pound
(1893)
Chocolate San Francisco Venard’s Eagle chocolate $0.20/pound
Examiner
(1895)
Chocolate Icing Ladies’ Home Lang’s Readymade; making chocolate cake easily and
Journal successfully; sample can, enough for a three-layer cake $0.20
(1893)
Codfish The Delineator Beardsley’s; shredded; clean-wholesome-sweet, requires
(1896) no boiling or soaking $0.10/package
Coffee New York Times Gillies’ Old Plantation; to all lovers of fine flavored coffee $0.25/pound
(1863)
Coffee New York Times Rubia Mills Government; put up in tin-foil pound papers,
(1863) 48 in a box $0.07/pound
Coffee The Spartan Chapman’s Grocer’s; 11 pounds, parched $1.00
(Spartanburg, SC)
(1898)
23
Selected Prices, 1860-1899 THE VALUE OF A DOLLAR
24
THE VALUE OF A DOLLAR Selected Prices, 1860-1899
Seeds Demorest’s Family Ten varieties best and new and popular annuals $0.25
Magazine
(1890)
Smoked Herring The State $0.15/box
(Columbia, SC)
(1896)
Soup Ladies’ Home White Label per case,
Journal 2 dozen pint cans $2.00
(1893) Per case, 2 dozen quart cans $3.00
Sugar The State Best granulated and refined in 100-pound sack $0.04/pound
(Columbia, SC)
(1896)
Tea Demorest’s Family Sirocco; direct from our own gardens in India
Magazine and Ceylon; per tin $0.60/$0.80/$1.00
(1890)
Tea The New Orleans J. W. Platt’s Imperial Green Tea;
Picayune Per size $0.50
(1875) $0.75
$0.90
$1.10
Tea The Yorkville Best First-class breakfast tea 6/$0.05
Enquirer
(Yorkville, SC)
(1892)
Tea The Youth’s Salada Ceylon; sold only in lead packets $0.50/pound
Companion
(1898)
Furniture
Bed San Francisco Folding bed $15.00
Daily Examiner
(1875)
Bedroom Set San Francisco 4 pieces; antique $11.00
Daily Examiner
(1875)
Chair San Francisco New solid oak high-back chairs $1.00
Daily Examiner
(1875)
Safe Demorest’s Marvin’s; boudoir; every woman should
Illustrated have one in her dressing room to protect jewelry;
Monthly highly ornamental $100
(1873)
25
Selected Prices, 1860-1899 THE VALUE OF A DOLLAR
Hotel Rates
Hotel Room Spirit Of The Cincinnati, Ohio; on the European plan $1.00/day
Times
(1877)
Hotel Room Spirit Of The New York, New York; European plan, prices reduced $1.00/day
Times
(1877)
Hotel Room Spirit Of The Augusta, Georgia; conveniently located, newly fitted
Times up in first-class order; board reduced; special
(1877) arrangement to theatrical troops $2.00/day
Hotel Room The State Columbia, South Carolina; largest hotel in the city,
(Columbia, SC) newly remodeled and refurnished $2 to $2.50/day
(1891)
Room San Francisco Lyon; for two gentlemen; bedroom and parlor; $20 per month
Daily Examiner highly furnished
(1875)
Household Products
Atomizer and Ingalls’ Home Spray appears like fog; best clothes sprinkler in $0.50
Sprinkler Magazine the world
(1889)
Broom Holder Demorest’s Family Holds a broom either end up; keeps a wet broom
Magazine from rotting $0.15
(1890)
Cake Tins The Delineator Perfection; delicate cake removed without breaking;
(1896) two round layered tins 3/$0.05
Cake Turner The Delineator Revolving; you press the handle, it turns the cake $0.20
Carpet The State 1/$0.09/yard
(Columbia, SC)
(1896)
China New York Times Washington Hadley’s White French; dinner set,
(1868) 130 pieces $30.00
Cloth Chicago Daily Tribune Silk and wool plaid cloth; worth $0.60 per yard $0.25
(1882)
26
THE VALUE OF A DOLLAR Selected Prices, 1860-1899
Cloth Chicago Daily Tribune 44-inch all wool nun’s veiling in navy blue,
(1882) myeartle and bronze green, embroidered
with silk flowers; worth $2.25 per yard
Special yard price $0.50
Cloth The New Orleans White linen; per yard $0.30
Picayune (1875)
(1896)
Cookie and Ladies’ Home Dough will not stick to it; saves hours of work;
Biscuit Cutter Journal wonderful rotary wire $0.15
(1893)
Detergent Advertising Trade Boraxine; saves toil and drudgery; large package $0.10
Card
(1885)
Detergent Dye The Youth’s Maypole Soap; home dyeing a pleasure at last;
Companion washes and dyes in one operation; all colors $0.15
(1898)
Dinner and Tea Set The Delineator English decorated dinner and tea set; packed $7.00
(1896) and delivered
Dinner Knives Demorest’s Monthly Silver plated; orders boxed and placed on car or
Magazine steamer, free of charge $3.00/dozen
(1881)
Dinner Set Demorest’s Monthly English porcelain; 100 pieces white china $14.00
Magazine
(1881)
Dishes Demorest’s Monthly Dinner set; French china; 149 pieces fine white china $30.00
Magazine
(1881)
Disinfectant Demorest’s Monthly Milson’s Patent Ozone; nature’s great disinfectant;
Magazine includes generator and diffuser which will purify the
(1881) atmosphere of dwellings; small size $8.00
Doilies The Ledger Monthly Linen; nine handsome butter doilies stamped on
(1899) fine white linen $0.10
Dye Demorest’s Family Fancy dyeing at home, fast colors, 50 popular
Magazine shades for cotton, wool and silk
(1890) Per package $0.10
Per dozen $0.80
Fork American Silver Graft & Niemann Earl Patent; for children;
Flatware the child will naturally place its finger in the shield,
(1890) which prevents finger slipping and proper control of
the fork; sterling; child’s size $2.00
Fruit, Wine, and Advertising Enterprise; not intended for making cider $3.00
Jelly Press Trade Card
(1880)
Glass Cutter and Harper’s Lovejoy’s; will cut glass better than a diamond $0.50
Putty Knife Weekly
(1875)
Linoleum The State A-quality; laid $0.80/yard
(Columbia, SC)
(1896)
Nutmeg Grater Ingalls’ Home Lady agents wanted in every town to sell this $0.25
Magazine useful article
(1889)
Paint Sales Flier Enamel; for decorating tables, chairs, wicker ware,
(1892) picture frames, baskets, earthenware, metal, glass, etc. $0.25
Pesticide The Ledger Monthly Stearns Electric Paste; don’t feed roaches and bedbugs
(1899) on the exterminating powders, which don’t even make
the bugs sick $0.25
27
Selected Prices, 1860-1899 THE VALUE OF A DOLLAR
Polish The Delineator Lemonoide; the perfect polish, makes your piano or
(1896) organ conspicuous for its beauty $0.50
Raisin and Grape Advertising Trade Enterprise; removes every seed without waste
Seeder Card Family size $1.00
(1880) Hotel size $2.50
Rubber Roofing Harper’s Weekly For house, barn and all out buildings $2.00/100
(1887) square feet
Shingles The Yorkville North Carolina Heart of Pine; standard 4” size $2.50/thousand
Enquirer
(Yorkville, SC)
(1892)
Shingles The Spartan G. O. Fike Lumber Co.; we’ll sell the best $2
(Spartanburg, SC) shingles on this market $2.00
(1892)
Shower Bath Ring The Delineator Kelly; prevents wetting the head and floor; nickel-plated
(1896) rings and 6’ of hot waterproof hose $2.00
Silver Polish Demorest’s Family Electro-Silicon; silver polish imparts to precious metals
Magazine the highest degree of brilliancy, without the least
(1890) detriment; price in stamps for a full-sized bottle $0.15
Soap Advertising Trade Enoch Morgan’s Sun Sapolio Cleanser; no one article
Card known that will do so many kinds of work about the $0.10
(1881) house
Soap Advertising Trade Boque’s; $100 reward for a bar of Boque’s Soap that
Card will not do all that is claimed for it; cakes $0.25/3
(1885)
Soap Advertising Trade Enoch Morgan’s Sun Sapolio; a cake of Sapolio, a bowl
Card of water and a brush, cloth or sponge, will make
(1885) housecleaning an easy and quick job $0.10
Stain Sales Flier Ebony black; can be used on woodwork, furniture,
(1892) etc., to produce an exact imitation of ebony $0.25
Stove-Polishing The Delineator Polishes the stove better and quicker than a brush $0.25
Mitten (1896)
Table Covers Ingalls’ Home Felt; two yards square, stamped with pansies on the $2.50
Magazine corners
(1889)
Tidies Ingalls’ Home Fringed linen; size 15” x 20” including fringe $0.04
Magazine
(1889)
Toilet Set Ingalls’ Home Set of 7 pieces stamped on fine Momie cloth, designs
Magazine of fuchsias, daisies, and roses $0.60
(1889)
Vase The Century West’s; terraline; ready without further preparation
Magazine to receive Winsor & Newtons, Schoenfelds, or other
(1884) oil colors without firing or baking $2.00
Wallpaper The Modern Alfred Peats; handsome gold parlor paper with wide
Priscilla borders and ceilings to match $0.15/roll
(1893)
Wallpaper The Delineator Over 2 million rolls carried in stock $0.10/roll
(1896)
Wallpaper The Youth’s Alfred Peats 1898 Prize; new floral, silk, chintz,
Companion delft, denim stripe effects for parlors and bedrooms $0.03 to $0.10/roll
(1898)
Window Shades The State Per window 3/$0.03
(Columbia, SC)
(1891)
28
THE VALUE OF A DOLLAR Selected Prices, 1860-1899
Insurance Rates
Fire Insurance Insurance Policy $500 fire coverage two wood frame houses in
(1899) Columbia, South Carolina $4.75/year
Insurance Policy The Yorkville No salaried officers to support, no capitalist to
Enquirer enrich, no loss—no expense; on $1,000 per annual $1.50
(Yorkville, SC)
(1892)
Jewelry
Cuff Buttons Ingalls’ Home Oxidized silver jewelry $0.25/pr
Magazine
(1889)
Glove Hook Ingalls’ Home Oxidized silver jewelry $0.10
Magazine
(1889)
Pocket Watch Harper’s Weekly Imperial officer; our whole stock of imported watches
(1865) being of rich and novel designs, are now
offered at reduced prices $10.00
Pocket Watch Spirit Of The J. Bride & Co.; the greatest imitation gold watch in the
Times market for trading purposes; genuine American $12.00
(1877) movement
Scarf Pins New York Times For gentlemen $1/$2/$3
(1863)
Scarf Pins Ingalls’ Home Oxidized silver jewelry $0.15
Magazine
(1889)
Watch Demorest’s Illustrated Ladies’ $29.00
Monthly
(1873)
Watch The Modern Priscilla Hill; lady’s chatlette; genuine coin; silver case;
(1893) 14K gold-plated bow and swivel $5.00
Meals
Dinner American Silver Santa Fe route; menu includes: puree of tomato;
Flatware whitefish stuffed, Spanish sauce; shoulder of mutton,
(1868) sauce soubise; roast beef; loin of pork, shrimp salad
au mayonnaise; ox tongue; rice pudding; apple pie,
edam and Roquefort cheese $0.75
Dinner Spirit Of The Martin Restaurant; the best table d’hôtel dinner in
Times New York $1.25
(1894)
29
Selected Prices, 1860-1899 THE VALUE OF A DOLLAR
30
THE VALUE OF A DOLLAR Selected Prices, 1860-1899
Nonprescription Hechtlinger, Dr. Williams Pink Pills for Pale People; miraculous cure $0.50
Drug The Great Patent [cost in 1890]
Medicine Era
(1970)
Nonprescription The Modern Root, Bark and Blossom; two months’ supply;
Drug Priscilla remedy stomach, liver, kidney, and blood $1.00
(1893)
Nonprescription New York Times Rikers Expectorant; a certain cure for a cough,
Drug (1895) cold, croup, pneumonia, or any disease of throat
or lungs $0.60
Nonprescription The Delineator Scott’s Emulsion of Cod Liver Oil; it produces force
Drug (1896) with the whip; to all druggists $0.50
Nonprescription The Delineator Dr. Edison Obesity Pills; get thin and well;
Drug (1896) two months’ treatment $6.00
Nonprescription Southern Christian Perry Davis Pain Killer; for cramps, colic, colds $0.25
Drug Advocate
(1897)
Nonprescription The Spartan Electric Bitters; three physicians had given me up;
Drug (Spartanburg, SC) fortunately a friend advised trying electric bitters $0.50
(1898)
Nonprescription The Youth’s Hyomei Bronchitis or Incipient Consumption Cure; it is
Drug Companion nature’s own remedy, given through the air you breathe $1.00
(1898) Extra inhalant $0.50
Nonprescription The Youth’s Arid Air Spiral Spring; new hospital method, direct
Drug Companion cure for coughs, colds, catarrh, asthma;
(1898) a year without refilling $0.25
Nonprescription The Spartan Bucklen’s Arivica Salve; the best salve in the world
Drug (Spartanburg, SC) for cuts, bruises, sores, ulcers, salt rheum fever sores,
(1898) tetter, chapped hands, chilblains, corns, and all skin
eruptions, and positively cures piles or no pay required $0.25
Nonprescription The Spartan Castoria Medicine; for infants and children; promotes
Drug (Spartanburg, SC) digestion, cheerfulness and rest; contains neither opium,
(1898) morphine or mineral; not narcotic; 35 doses per bottle 3$0.05
Nonpresciption The Youth’s Morgan’s Cod Liver Oil and Horehound Drops;
Drug Companion cure your cough; free from taste and odor $0.05
(1898)
Nonprescription The Spartan Mother’s Friend Liniment; good for only one purpose,
Drug (Spartanburg, SC) to relieve motherhood of danger and pain $1.00
(1898)
Nonprescription The Ledger Monthly Dr. Campbell’s Arsenic Complexion Wafers; pimples
Drug (1899) and freckles are things of the past $0.10
Nonprescription The Ledger Monthly Ayer’s Cherry Pectoral; when a cough medicine is good,
Drug (1899) it’s worth ten times its price $1.00
Nonprescription The Ledger Monthly Mentholette Cure; the true Japanese headache cure
Drug (1899) instantly relieves and cures headache and other pains
by simply rubbing $0.10
Musical Instruments
Autoharp The Delineator Easy to play, easy to buy; the autoharp is a musical
(1896) instrument in its full range of styles $7.50
31
Selected Prices, 1860-1899 THE VALUE OF A DOLLAR
Organ Demorest’s Illustrated Mason and Hamlin; one to twenty stops $55 to $500
Monthly
(1873)
Organ Demorest’s Monthly Mason & Hamilton Baby; especially adapted to children $22.00
Magazine
(1881)
Piano New York Times Seven-octave; French action, rosewood; cost
(1863) including stool and cover $300
Piano Demorest’s Illustrated U.S.; first-class 7 octave piano $290
Monthly
(1873)
Piano Demorest’s Family University; sold direct to families; no middleman $180
Magazine
(1890)
Piano San Francisco Used Steinway upright; must have cash $200
Examiner
(1895)
Violin Spirit Of The With bow, case, and instruction book $5.00
Times
(1877)
Xylophone Spirit Of The Wood and straw instruments as used in orchestras $4.50
Times
(1877)
Other
Bow Knot Alphabet The Modern Priscilla 2 3/4” high, perforated on linen bond paper $0.10
(1893)
Buggy Carriage Spirit Of The Times Baker & Son; top side-bar and end-spring road wagon;
(1877) equal in style, finish, and durability to any made $135
Carriage Demorest’s Family Adjustable top, nickel-plated rod, springs, axles, and
Magazine braces; wire or wooden wheels same price; delivered
(1890) free east of the Mississippi $12.35
Carriage The Delineator With iron axles, steel wheels and parasol top $3.75 to $31.00
(1896)
Decalcomania Demorest’s Illustrated Chromos, vases, picture frames, passe-partouts,
Monthly Swiss carved goods, wax flower materials, boxes of
(1873) assorted wax with tools. For learners. $5.00
Draft Exemption Fee New York Times Civil War; to be arranged by the Secretary of War $300
(1863)
Entry Fee Spirit Of The One-mile swimming race; a suitable prize will be given $1.00
Times
(1877)
Fire Engine New York Times Steam; for Engine Company No. 10, New York City $4,000
(1863)
Fountain Pen The Yorkville Rapid Writer; no. 2 gold mounted $3.00
Enquirer
(Yorkville, SC)
(1892)
Fountain Pen Ladies’ Home The Pittsburg; largest and best pen for the price;
Journal solid-gold ink feed, long and short nibs $3.50
(1893)
Fountain Pen The State Waterman’s; J. W. Gibbes Stationery Company,
(Columbia, SC) Columbia, South Carolina $4.00
(1896)
Fountain Pen The Ledger Monthly R. W. Whitney; 14K pen for bookkeepers,
(1899) correspondents and stenographers $1.50
32
THE VALUE OF A DOLLAR Selected Prices, 1860-1899
33
Selected Prices, 1860-1899 THE VALUE OF A DOLLAR
34
THE VALUE OF A DOLLAR Selected Prices, 1860-1899
Shaving Soap Advertising Trade Williams; oldest and most famous shaving soap
Card in the world; for six cakes (one pound) $0.40
(1880)
Shaving Soap Advertising Trade Williams; 6 round cakes equal one pound; oldest and
Card most famous shaving soap in the world $0.40
(1884)
Shaving-Soap Stick Harper’s Weekly Williams; each stick in a turned-wood case $0.25
(1887)
Skin Cleaner The Delineator Campbell’s Safe Complexion Wafers; removes pimples,
(1896) freckles, moth, blackheads, redness, oiliness and all
other beauty marring defects $1.00
Skin Mask Demorest’s Family Beautify $2.00
Magazine
(1890)
Soap New York Times Phalon’s; for the toilet, bath and nursery $0.25
(1868)
Soap Demorest’s Family Wrisley’s Cucumber Complexion Toilet Soap;
Magazine combines the healthful cleansing of pure sweet soap
(1894) with the grateful emollient quantities of cucumber juice 1/$0.02
Soap The Delineator Sweet Home; a chautangua reclining chair or a
(1896) chautangua desk with a combination box $0.10
Soap The Delineator Charmant Turkish Wonder Bar; this is no patent medicine
(1896) but a soap that has been used in Turkey for hundreds
of years; for salve and soap $1.00
Soap The Delineator Copco Bath Soap; soap-wise folks say it’s a decade in
(1896) advance of soap making progress $0.05
Tooth Cleaner Demorest’s Family Rubiform For The Teeth; deliciously flavored;
Magazine a perfect liquid dentifrice $0.25
(1890)
Tooth Cleaner The Youth’s Dr. Sheffield’s Creme Dentifrice; cream in collapsible
Companion tubes; it removes from the teeth all stains and
(1898) whatever would cause decay $0.25
Tooth Soap The Delineator Arnica; others imitate; none equals $0.25
(1896)
Tooth Soap The Delineator Wright’s Myearrh; without the taste of soap; large
(1896) china box $0.25
Whisker and Harper’s Weekly Graham’s; my ointment will force them to grow
Mustache Grower (1865) heavily in six weeks (upon the smoothest face) $1.00
Wig Demorest’s Family Parted bang; made of natural curly hair, guaranteed
Magazine becoming to ladies who wear their hair parted $6.00
(1890)
Publications
Book New York Times Army and Navy Pocket Dictionary; in flexible leather,
(1863) marbled edges $0.75
Book Harper’s Weekly Portrait Gallery of the War; civil, military, and naval;
(1865) edited by Frank More; full gilt $7.50
Book Harper’s Weekly Speke’s Africa; journal of the discovery of the source of
(1865) the Nile; by Captain John Hanning Speke; cloth $4.00
Book Harper’s New Medical Common Sense; 400 pages; 100 illustrated $1.50
Monthly Magazine
(1866)
Book Harper’s New New Physiognomy; or Signs of Character; as
Monthly Magazine manifested through temperament and external forms,
(1866) and especially in the Human Face Divine $5.00
Book Harper’s Weekly The Ugly Girl Papers: Or Hints for the Toilet $1.00
(1875)
35
Selected Prices, 1860-1899 THE VALUE OF A DOLLAR
Real Estate
Building New York Times For sale; four-story; high-stoop basement and under-cellar
(1863) brownstone house with all modern improvements;
near 4th Avenue on 23rd St $21,000
Business San Francisco Saloon; one block off Market Street;
Opportunity Examiner daily receipts $20 and over $650
(1895)
House New York Times For sale; Harlem; two-story and half-frame cottage;
(1863) 125th Street, near 5th Ave., with gas and water and
2 1/2 lots of ground $7,800
House New York Times For rent; Brooklyn; two-story; Franklin Ave and Myeartle;
(1863) with basement and subcellar $250/year
House New York Times For sale; Brooklyn; three-story brick; has marble mantels,
(1863) gas fixtures, near the Hamilton Ferry $3,500
House New York Times For rent; Brooklyn; three-story; 2nd St. and Williamsburg;
(1863) with front and back basement near the Ferry $300/year
House New York Times For sale; same block Dr. Cuyler’s Church, near Green Ave.;
(1868) three-story brick and brownstone; basement $7,000
House New York Times For rent; unfurnished, the first-class house; no.
(1868) 31 Washington Square, four story, low stoop $2,600/year
House New York Times For rent; four-story English; basement; brick;
(1877) 232 West 43rd St., all improvements $1,100/year
House New York Times For rent; furnished nine rooms, fine view and grounds,
(1877) well of purest water; 300 fruit trees; one hour from city $70/month
House The Yorkville New; six rooms; broad hall, closet, pantry; good
Enquirer (York, SC) well of water on the back porch; one acre, enclosed $825
(1892)
House for Sale San Francisco Four-room cottage in Berkeview; lot 50’ X 100’;
Examiner near station $1,800
(1895)
Land San Francisco 10 acres level land in Alameda County;
Daily Examiner 1 1/2 acres fruit trees; running water in creek $1,800
(1875)
Land Rental The New Orleans 618 acres in Red River County, Texas, improved;
Picayune 200 acres in a good fence and under cultivation
(1875) Rent per acre $3.00
Retail Business San Francisco Half interest in oldest and best news book and stationery
Daily Examiner store in Portland, Oregon; doing $20,000 a year in
(1875) business $3,500
Room The New Orleans Furnished room with board; good table, Magazine Street
Picayune Per month $25.00
(1875)
Sewing Equipment & Supplies
Cloth New York Times Kinzey’s; sewing cotton; two spools $0.01
(1863)
Cloth New York Times Kinzey’s; ladies’ fine grass linen; the Eighth Ave.
(1863) cheap store $0.25/yard
Cloth New York Times Imported black dress silks $0.80/yard
(1877)
Cloth New York Times Examine our American black silks $1.30/yard
(1877)
Cloth New York Times Imported stripe silks $0.60/yard
(1877)
Cloth The State Sea Island Dress Goods; yd wide $0.05
(Columbia, SC)
(1891)
37
Selected Prices, 1860-1899 THE VALUE OF A DOLLAR
Cloth Ladies’ Home Evening silks; pongees and silks of a crepe character,
Journal two designs in each, all light colorings $0.50
(1893)
Cloth The Modern Waste embroidery silk; 1 oz of silk; assorted colors
Priscilla (equal to 100 skeins) in every box $0.40
(1893)
Cloth The Delineator Shirting percales 1/$0.03/yard
(1896)
Cloth The Delineator Silk stripe challis; exclusive designs 7/$0.09/yard
(1896)
Cloth The Ledger Silk remnants for crazy work; from 100 to 120 pieces,
Monthly carefully trimmed $0.25
(1899)
Cross-Stitch Book The Modern Priscilla; contains over 100 patterns $0.50
Priscilla
(1893)
Embroidery Frame Ingalls’ Home Priscilla; 9” without holder, of polished wood 3/$0.05
Magazine
(1899)
Embroidery Silk Ingalls’ Home For overlaid embroidery; 10 yd skein $0.03
Magazine
(1889)
Oil Colors Ingalls’ Home M. Fuchs & Co.; German; finest made; tube $0.05
Magazine
(1889)
Pattern Demorest’s Monthly Chelsea jacket for child, ornamented with the favorite
Magazine Capuchin hood, a turned-down collar, and reverse
(1881) on the double-breasted fronts; sizes for 12 to 16 years $0.20
Pattern The Delineator Combination and decoration for a lady’s Louis XIV;
(1896) 13 sizes, 28” to 48” bust measure $0.40
Pattern The Delineator Bosquets; double-breasted ripple basque, with gored
(1896) sleeves in four sections $0.30
Pattern The Delineator Pattern for lady’s basque waist with waist decoration;
(1896) in thirteen sizes for ladies from 28” to 46” bust measure $0.30
Quilting Squares Demorest’s Family 60 beautiful silk and satins, enough to cover
Magazine 500 square inches $0.20
(1890)
Sewing Machine Harper’s Weekly Family Gem; the embodiment of practical utility
(1865) and extreme simplicity $5.00
Sewing Machine The Delineator Singer; buy the improved Singer sewing machine
(1896) with a complete set of attachments $9.00
Sewing Machine Southern Christian The best and lightest running machine $19.50
Advocate
(1897)
Sewing-Machine Demorest’s Illustrated Palmer’s; combination; the perfection of making and
Attachments Monthly arranging every style of dress trimming with as much
(1873) ease and simplicity as running up an ordinary seam $3.00
Sewing Needle The Delineator Sewing made easy; for each paper $0.05
(1896)
Sewing Needles The Ledger Monthly Self-threading; can’t bend ’em pins; package of four $0.25
(1899)
Skirt Binding The Delineator Manhattan Mohair; yard dyed, seam shrunk and fast
(1896) color; for five-yd piece $0.20
Stamping Paint Ingalls’ Home Ingalls; for stamping felt, velvet, plush, and park
Magazine goods; large tube $0.25
(1889)
38
THE VALUE OF A DOLLAR Selected Prices, 1860-1899
Sports Equipment
Bait Spirit Of The Artificial; a bait that excels all others for taking black
Times bass $0.75
(1877)
Baseball Spirit Of The Peck & Snyder Treble Match-Ball; buy our popular
Times brands of baseballs; popular professional ball, red or
(1877) white; each ball is wrapped in tinfoil and boxed; by mail $1.50
Baseball Mask Spirit Of The Peck & Snyder; catcher’s; in case the swift ball misses
Times the catcher’s ready grasp and strikes the face,
(1877) the blow is harmless $3.00
Bicycle New York Times Waverly Scorcher; 21 pounds $85.00
(1895)
Bicycle San Francisco Waverly $85.00
Examiner
(1895)
Bicycle The Delineator Windsor American Beauties; for 1896 . . . bicycling
(1896) should be pure happiness $85.00
Bicycle The Delineator Columbia; standard of the world; before buying a bicycle
(1896) said to be just as good as Columbia, it is well to compare
the prices at which the machines sell second hand $100
Bicycle The Delineator Gladiator Cycles; perfect machines, strong, light, speedy $85.00
(1896)
39
Selected Prices, 1860-1899 THE VALUE OF A DOLLAR
Bicycle The Youth’s Acme; same grade as agents sell for $75; eight
Companion elegant models $34.50
(1898)
Bicycle Popular Mechanics Columbia; combine the best results of 22 years $75.00
Picture History of experience [cost in 1899]
American
Transportation
(1952)
Bicycle Scientific American Ideal; fit every member old and young $20.00
(1899)
Bicycle Lamp The Youth’s Klondike; fine 2 1/2” magnifying lens; colored side
Companion lights; perfect ventilation; throws a big light $2.00
(1898)
Bicycle Seat The Delineator The Hunt Ladies’ Saddle; especially designed to meet
(1896) the peculiar requirements of lady cyclists $5.00
Boxing Gloves Spirit Of The Pecks and Snyders; net price per set, includes two pairs $2.50 to $6.00
Times
(1877)
Fishing Rod Spirit Of The Conroy, Bisset & Malleson; salmon; six-strip, two tips $50.00
Times
(1877)
Fly Rod Spirit Of The Conroy, Bissett & Malleson; split bamboo; six-strip
Times hexagonal rods, two tips $25.00
(1877)
Pistol Spirit Of The W&C Scott & Sons; .45 caliber; celebrated double-
Times action revolvers; central fire $20.00
(1877)
Pocket Gymnasium Spirit Of The Goodyear No. 6; for gentlemen of moderate strength,
Times used standing, sitting, or reclining $1.50
(1877)
Rifle Spirit Of The The Remington; sporting rifle No. 1 model; 30” $30.00
Times
(1877)
Skates Harper’s Weekly Peck & Snyder’s American Club; the only perfect
(1875) self-fastening skate that adjusts without heel-plates,
shapes or key; fully polished $7.00
Tobacco Products
Cigar The Weekly Best nickel cigar in town $0.05
Bulletin
(1885)
Cigarette Spirit Of The L’Amerique; only best French cigarette paper used;
Times sample pack $0.15
(1877)
Pipes Hechtlinger, Cobb; assorted styles [cost in 1890] 3/$0.03/dozen
The Great Patent
Medicine Era
(1970)
40
THE VALUE OF A DOLLAR Selected Prices, 1860-1899
Toys
Game Harper’s Weekly Punch and Judy; jolliest game in the whole world $1.00
(1875)
Paper Dolls Ingalls’ Home Set contains three paper dolls, 2 girls, 1 boy, and
Magazine an elegant wardrobe of 30 pieces $0.15
(1889)
41
Selected Prices, 1860-1899 THE VALUE OF A DOLLAR
Steamship Fare Spirit Of The General TransAtlantic Company; New York to Havre,
Times calling at Plymouth (G.B.); price of passage in gold
(1877) (including wine)
Steerage $26.00
Third Cabin $35.00
Second Cabin $65.00
First Cabin $100
Steamship Fare New York Times Cooks Tours Nile Steamers; New York to Egypt $675 to $1225
(1895)
Train Chicago Daily Tribune July 4th Excursion to South Park, Chicago; under the
(1882) auspices of the Women’s Christian Temperance Union;
good on all suburban trains of the Illinois Central
Railroad Roundtrip $0.25
42
THE VALUE OF A DOLLAR Miscellany, 1860-1899
MISCELLANY 1860-1899
The Barber Rental prices in Washington, D. C. in 1865
A negro came to Green Bay, Wisconsin, to keep The Washington city to which (photographer
a barber’s shop. Soon after he opened a Western Mathew) Brady returned after the war was a
speculator presented himself to be shaved. His dirty, brawling, lusty city, one step removed from
charge was asked: the barber said 25 cents. The the frontier. In the summer of 1865 living quarters
customer named several cities he had been were impossible to find and too expensive. A
shaved at, and all for less money. The negro house which rented for three hundred dollars a
straightened himself up, and said: “Do you sup- season before the war now brought twelve hun-
pose I am going to leave society in the East and dred to its owner.
come here among you backwoodsmen to shave Mathew Brady, Historian with A Camera,
by James D. Horan, 1955
men for ten cents?”
Harper’s New Monthly Magazine, October 1866
Thomas Nast, Political Cartoonist
Harper’s Hand-book for Travellers Early the next year (1862) he accepted a job at
in Europe and the East $50 a week from his former employer, Frank
Being a guide through France, Belgium, Leslie. After a short time, Leslie, perhaps because
Holland, Germany, Austria, Italy, Sicily, Egypt, of financial stress, cut Nast to $30 a week and let
Syria, Turkey, Greece, Switzerland, Russia, him go a month later. After (U. S.) Grant’s nomi-
Denmark, Sweden, Spain, and Great Britain and nation (1868), however, the journal (Harper’s) of-
Ireland. By W. Pembroke Fetridge. Fifth Year. fered Nast a regular fee of $150 per double page
Large 12mo, Leather, Pocket-Book form. $7.50 cartoon, five times more than his rate in 1862.
Harper’s New Monthly Magazine, October 1866 Thomas Nast, Political Cartoonist,
by Chal Vinson, 1967
43
Miscellany, 1860-1899 THE VALUE OF A DOLLAR
MISCELLANY 1860-1899
Montgomery Ward Catalog Chinese Labor
In the fall (1874), Montgomery Ward issued a In 1870 a New England shoe manufacturer named
100-page catalog measuring 3 1/2” X 7”. It listed Calvin T. Sampson fired his unioned workers and im-
several hundred articles with prices. Sales for ported 75 Chinese laborers from the Pacific coast.
Ward passed $100,000 in 1874 . . . In 1878, The Chinese signed a contract to work for three
Montgomery Ward passed $400,000 in sales. For years at $26 a month, and settled down in North
the next few years, the biggest Ward item in dol- Adams, Massachusetts, where they attended the
lar sales was the sewing machine. Ward sold Methodist Sunday school, saved their money, and
sewing machines much cheaper—as low as $26 reduced Mr. Sampson’s costs $840 a week. A writer
for a machine which otherwise sold for $50. in Scribner’s magazine hastened to praise this experi-
Sears and Wards: The First Hundred Years Are the Toughest, ment, saying, “If for no other purpose than the
by Cecil C. Hoge, Sr., 1988
breaking up of . . . labor combinations and ‘Trade
Unions . . . the advent of Chinese labor should be
The One-Price System hailed with warm welcome by all who have the true
In 1878, a successful (Philadelphia) merchant interests of . . . the laboring classes at heart.’”
named John Wanamaker had opened what he The American Past, by Roger Butterfield, 1947
called a “New Kind of Store,” which incorporated
something called the one-price system. Instead of Drug Store for Sale
negotiating a price with each customer, the mer- A Bona-Fide Bargain. A retail drug business in
chant marked the price plainly and customers Brooklyn, established 20 years in its present location.
paid the posted price. Wanamaker was not the Price $4000. F. E. Tower, 482 B. 2nd St., Brooklyn.
first merchant to adopt the one-price system— Harper’s Weekly, January 2, 1875
Lord and Taylor in New York used it as early as
1835—but he was the first to adopt it on such a Method of Cleaning Plaster
large scale. The Prussian Government has lately a prize of
Belk, A Century of Retail Leadership, about $750 for the discovery of a new method of
by Howard E. Covington, Jr., 1988
cleaning plaster casts, statues, etc., and one of
$2,500 for the invention of a new material pos-
The Centennial Exposition of 1876 sessing the properties of plaster, but which shall
The immense buildings that housed the not deteriorate by repeated washings.
Centennial Exposition of 1876 were mostly taken Harper’s Weekly, September 25, 1875
down when it was over. Highly permanent, how-
ever, was another huge structure that also much
impressed visitors to Philadelphia that memo-
rable and influential summer—the towered and
towering bulk of the new City Hall nearing com-
pletion in the square of the middle of town,
where seventy years earlier Oliver Evans’
wheeled steam monster had been demonstrated.
Even in those days of low prices the building cost
some $10,000,000. It covers ground enough for al-
most six football fields and, counting in the 20-
foot figure of William Penn on the central tower,
rises 450 feet above street level.
The Americans: A Social History of the United States
1587–1914, by J. C. Furnas, 1969
44
1900-1919
The Progressive Era and World War I
PRESIDENTS
William McKinley* 1897-1901
Theodore Roosevelt 1901-1909
William Howard Taft 1909-1913
Woodrow Wilson 1913-1921
* assassinated
ocial and economic historians divide the first prise—if not simple greed—were common, and peo-
45
Background, 1900-1919 THE VALUE OF A DOLLAR
into cities. Between 1900 and 1920 urban population World War I had a dramatic impact on the
increased by 80 percent compared to just over 12 American economy. When the war broke out in
percent for rural population. During the same time Europe, American exports were required to support
the non-farm workforce went from 783,000 people to the Allied war effort. America’s intervention in 1917
2.2 million. Unlike farmers, these workers drew a reg- required that two million men be drafted, opening up
ular paycheck and spent it. Government statistics jobs in home-front industries and requiring produc-
show that disposable income rose from $20 billion to tion at higher levels than ever before to support the
$71.5 billion in the first two decades of this century, war effort. To finance the war, the federal government
during the same time that cars were first available to issued more money, borrowed from citizens in the
transport people from home to store. Perhaps the form of war bonds, and used the newly enacted
most telling statistic about the change in American income-tax legislation to raise funds (businesses
life-styles during this period is that in 1900 only 4,192 with over $1 million in income were taxed
automobiles were registered; in 1920 there were 1.9 at 77 percent); to control inflation, the government
million. imposed strict price controls, forming the most
Moreover, the electrical-energy-generating capac- closely controlled federal economy in American
ity of the country increased tenfold over the first two history.
decades of the century, with dramatic effects. This The war forced Americans to confront one more
new energy supplied the power to operate the plants important transformation. The United States had
that provided the expanding workforce with jobs and become a full participant in the world economy, and
money. Just as important, it expanded the universe of as a result the perimeters of American commerce
goods that could be manufactured and sold in the were extended. The hated tariffs on imported goods
enlarged marketplace. Radios, electric lights, tele- were reduced, and exports reached an all-time high in
phones, and powered vacuum cleaners were possible 1919 and 1920, further stimulating American indus-
for the first time and quickly established themselves try. The United States earned the respect of the world
as essential household items. Stimulated by the pos- during the war; in the postwar years American busi-
sibilities of an energized world, inventors were more ness capitalized on this attitude.
active than ever before. In 1916, the last year of the By 1920 urban Americans had begun to define
period before wartime economic controls went into themselves—for their neighbors and for the world—in
effect, 43,892 patents were issued, 75 percent more terms of what they consumed. It was a turning point in
than in 1900. the social and economic history of the nation.
1900 $24.39
1903 $23.26
1905 $23.26
1907 $22.22
1909 $22.73
1910 $21.74
1913 $20.83
1915 $20.41
1919 $12.05
46
THE VALUE OF A DOLLAR Historical Snapshot, 1900-1904
HISTORICAL SNAPSHOT
1900-1904
1900 King C. Gillette and William Sanka Coffee introduced by German
President William McKinley cam- Nickerson start American Safety coffee-importer Ludwig Roselius
paigns for reelection, emphasizing Razor Company with $5,000; be-
prosperity by using the “Full comes the Gillette Safety Razor 1904
Dinner Pail” as his symbol Company the following year Marie Curie discovers two new ra-
Average life expectancy at birth is Japanese-American chemist Satroi dioactive elements, radium and
47 years Kato of Chicago introduces the polonium
13,824 motorcars are on the road first soluble “instant” coffee at the Post Toasties introduced by the
Pan-American Exhibition Postum Company
Franklin, Peerless, and Stearns mo-
torcars are introduced Joseph Campbell Preserve
Hamburger introduced by Louis
1902 Company introduces Campbell’s
Lassen in New Haven, Connecticut John Mitchell leads 5-month strike Pork and Beans
Firestone Tire and Rubber of 147,000 anthracite coal workers St. Louis fair spawns iced tea and
Company founded on patent for at- Price of coal in New York goes the ice-cream cone
taching tires to rims from $5 to $30 per ton Ladies’ Home Journal publishes ex-
30,000 trolley cars operate on Membership in the AF of L reaches posé of the U.S. patent-medicine
15,000 miles of track the million mark business
Excavation begins on New York Rayon is patented by U.S. chemist Montgomery Ward distributes free
subway system A. D. Little catalogues, mailing 3 million books;
U.S. railroads charge an average Carnegie Institute of Washington Sears, Roebuck distributes a mil-
75¢ per ton-mile, down from $1.22 established with a $10 million gift lion copies of its spring catalogue
in 1883 Russian-American Morris Michtom Pope-Toledo motorcar introduced
First modern submarine, Holland, and his wife introduce the teddy at $650
is purchased by navy bear with movable arms, legs, and E. F. Hutton and Company is
Cripple Creek goldfield in head founded by Edward Francis Hutton
Colorado yields $20 million Philip Morris Corporation, Ltd., is
Brownie box camera introduced incorporated in New York
by Eastman Kodak Company with Charles Lewis Tiffany, founder of
a sales price of $1.00 Tiffany and Co., dies leaving estate
Uneeda Biscuits achieves sales of of $35 million
more than 10 million packages per The first Automat restaurant is
month opened by Horn & Hardart Baking
Company in Philadelphia
1901
President William McKinley assas- 1903
sinated; Theodore Roosevelt as- Wright Brothers make first sus-
sumes presidency tained manned flights in a con-
United States Steel Company cre- trolled gasoline-powered aircraft
ated by J. P. Morgan Twenty-four hp Chadwick motor-
Monsanto Chemical Company car introduced; capable of 60 mph;
funded with a capitalization of $5,000 $4,000
New York City streetcars and Massachusetts creates first auto-
elevators convert to electric mobile license plate
power Bottle-blowing machine cuts cost
Andrew Carnegie gives the New of electric light bulb
York Public Library $5.2 million to Harley-Davidson motorcycle intro-
open its first branches duced
Jergen’s Lotion for chapped hands An automatic machine to cut off a
introduced salmon’s head and tail, and clean
it is devised by A. K. Smith
47
Selected Income, 1900-1904 THE VALUE OF A DOLLAR
Assistant Milwaukee Journal Boy; steady advancement and good chance to learn
(1904) trade if industrious; no boy who thinks he is ‘it’ because
he swears and smokes cigarettes need apply. $3.50/wk
Baseball Players American Chronicle Each winner’s share of the 1903 Baseball World Series $1,316
(1999)
Business New York Times Wanted—Trustworthy persons in each state to manage busi-
Representative (1903) ness of wealthy corporation; salary in cash each Thursday
direct from headquarters; expense money advanced $18/wk
Businessman Vincent Tompkins, ed. Annual salary of Charles M. Schwab as first president
American Decades: of U.S. Steel in 1903 $2 million
1900-1909
(1996)
Carpenter San Francisco House carpenter, work on ranch $3.25/day
Examiner
(1913)
Casual Labor New York Times Boys, we will give you a perfect timepiece for working
(1903) for us a few hours. H. W. Wright Co., Baltimore, Md. Watch
Circular Distributors Distributors Pay advanced; no canvassing $5/1,000
National Union,
Cincinnati, OH
(1902)
Clerk Chicago Tribune Bookkeeper and Stenographer $20/wk
(1902)
Collection Agent Chicago Tribune Man—To travel and collect; salary, all expenses, and com-
(1904) mission; position will net $4,000 a year; $100 cash security
required. Abbott Co. $100/mo
Collection Agent Chicago Tribune German speaking; middle aged or men who cannot work
(1902) hard $2/day for 3
days; rest of week
commission
Cook New York Times Wanted—To remain in the city all summer, a
(1900) competent, young cook who is also a good laundress
and who has first-class city references, wages $25/mo
Cook Chicago Tribune Situation wanted—Competent cook $50/mo
(1900)
Cook San Francisco A man cook for hotel, country town $50/mo
Examiner
(1913)
Dressmaker New York Times First-class fitter and trimmer; work by day;
(1901) all latest fancy waists; remodeling $2.50/day
Editor Justin Kaplan, Annual salary of Lincoln Steffens as managing Editor of
Lincoln Steffens McClure’s magazine in 1901 $5,000
(1974)
Electric Linemen New York Tribune Daily pay for nine hours’ work as an electric lineman
(1902) with Pittsburgh and Allegheny Company $2.50
Letter Carrier New York Tribune Yearly pay of America’s 75,000 letter carriers is
(1902) determined by length of service
First year $600
2nd year $800
3rd year $1000
Thereafter $1200
Light Labor Chicago Tribune Situation wanted—Light, by refined young man,
(1900) 19 years old; some outside work attached $7/wk
48
THE VALUE OF A DOLLAR Selected Income, 1900-1904
Job Source Description Pay
Mine Engineers New York Tribune Daily pay of Hoisting Engineers for Amalgamated
(1902) Copper Company $4
Nurse Chicago Tribune Situated Wanted—by a thoroughly competent nurse
(1904) to care for an infant and day; wages. $8/wk
Painter/Wallpaperer York (SC) Times Good work done cheap; rooms painted, $1.25/day
(1901) papered $1.75/day
Railroad Worker Milwaukee Journal Strong Young Men—For firemen and brakemen, $65/mo
(1904) Wisconsin and other railroads. Name position preferred. $125/mo
Send stamp for particulars. Railway Association. $60/mo
Firemen, engineers and brakemen conductors $105/mo
Sales Chicago Tribune We want a few active hustlers in city to sell our new
(1900) patent reflectors for Welsbach lights; evening 6 to 9
p.m.; exclusive territory $1.50-$3/night
Sales Chicago Tribune Agents—introducing our “super-asbestos” wicks;
(1900) just out; beats electricity; address Fireproof Safety
Wick Works. $3–$5/day
Sales Chicago Tribune No experience needed; our circulars teach you the
(1902) business and our patented goods do the rest; if you are
making less than $300 per month write to us $25/day
Sales Milwaukee Journal Wanted—Female Help “Lady”—For census work and
(1904) distributing sample magazines; steady employment
(home work) $15/wk
Sales Milwaukee Journal General Agents—; every business man buys a new best
(1904) pocket invention $3. Big holiday business. $20-$50/wk
Stenographer Milwaukee Journal At once—An experienced male stenographer; Smith
(1904) Premier operator; must also be a bookkeeper. A good
position for the right party. $50/mo
Vaudeville Actor American Chronicle Weekly wages of Vaudeville star Lillian Russell in 1902 $3,500
(1999)
Vaudeville Actor American Chronicle Weekly pay of Eva Tanquay at Hammerstein’s Victoria
(1999) Theater $3,500
49
Investments, 1900-1904 THE VALUE OF A DOLLAR
INVESTMENTS 1900-1904
Investment 1900 1901 1902 1903 1904
Basic Yield, One-year Corporate Bonds 3.97 3.25 3.30 3.45 3.60
Short-term Interest Rates, 4–6 Months, 5.71 5.40 5.81 6.16 5.14
Prime Commercial Paper
Basic Yield, Common Stocks, Total 4.50 3.85 3.71 4.65 4.18
Index of Common Stocks (1941⫺1943⫽10) 6.15 7.84 8.42 7.21 7.05
COMMON STOCKS, CLOSING PRICE AND YIELD, FIRST BUSINESS DAY OF YEAR
50
THE VALUE OF A DOLLAR Standard Jobs, 1900-1904
Average of All Industries, excl. farm labor $490/yr $508/yr $519/yr $543/yr $540/yr
Average of All Industries, incl. farm labor $438/yr $454/yr $467/yr $489/yr $490/yr
Bituminous Coal Mining 20¢/hr 23¢/hr 24¢/hr 27¢/hr 27¢/hr
Avg hrs/wk 52.60 52.40 52.30 52.20 51.60
Building Trades, Union Workers 37¢/hr 39¢/hr 41¢/hr 44¢/hr 44¢/hr
Avg hrs/wk 48.30 47.50 46.70 46.30 46.10
Clerical Workers in Mfg. & Steam RR $1011/yr $1009/yr $1025/yr $1037/yr $1056/yr
Domestics $240/yr $243/yr $264/yr $270/yr $277/yr
Farm Labor $247/yr $255/yr $264/yr $277/yr $290/yr
Federal Civilian $940/yr $974/yr $967/yr $1009/yr $971/yr
Federal Employees, Executive Depts. $1033/yr $1047/yr $1061/yr $1067/yr $1066/yr
Finance, Insurance, & Real Estate $1040/yr $1037/yr $1051/yr $1078/yr $1099/yr
Gas & Electricity Workers $620/yr $615/yr NA NA $556/yr
Lower-Skilled Labor $459/yr $471/yr $481/yr $501/yr $512/yr
Manufacturing, Payroll 15¢/hr 15¢/hr 16¢/hr 17¢/hr 16¢/hr
Avg hrs/wk 62.10 61.90 61.50 61.20 61.10
Manufacturing, Union Workers 34¢/hr 35¢/hr 36¢/hr 37¢/hr 37¢/hr
Avg hrs/wk 53.00 52.40 51.80 51.40 51.10
Medical/Health Services Workers $256/yr $258/yr $267/yr $275/yr $283/yr
Ministers $731/yr $730/yr $737/yr $761/yr $759/yr
Nonprofit Org. Workers $652/yr $651/yr $657/yr $679/yr $677/yr
Postal Employees 37¢/hr 38¢/hr 37¢/hr 37¢/hr 37¢/hr
Avg hrs/wk 48.00 48.00 48.00 48.00 48.00
Public School Teachers $328/yr $337/yr $346/yr $358/yr $377/yr
and Local Govt. Workers $590/yr $605/yr $612/yr $621/yr $640/yr
State and Local Govt. Workers $590/yr $605/yr $612/yr $621/yr $640/yr
Steam Railroads, Wage Earners $548/yr $549/yr $562/yr $593/yr $600/yr
Street Railway Workers $604/yr $601/yr $576/yr $582/yr $610/yr
Telegraph Ind. Workers NA NA $544/yr $573/yr $601/yr
Telephone Ind. Workers NA NA $408/yr $397/yr $392/yr
Wholesale and Retail Trade Workers $508/yr $510/yr $521/yr $537/yr $551/yr
51
Food Basket, 1900-1904 THE VALUE OF A DOLLAR
52
THE VALUE OF A DOLLAR Food Basket, 1900-1904
53
Food Basket, 1900-1904 THE VALUE OF A DOLLAR
Potatoes, Irish, per bushel 1900 61.33¢ $1.2083 38.64¢ 71.25¢ 85.75¢
1901 83.58¢ 99.17¢ 68.18¢ 93¢ 94¢
1902 94.58¢ $1.0250 82.73¢ 95.75¢ 94.25¢
1903 99.58¢ 90.42¢ 71.67¢ 93¢ $1.0125
—per peck 1904 30.67¢ 19.58¢ 18¢ 23.81¢ 24.69¢
Prunes, per pound 1900 10¢ NR 7.67¢ NR 8.75¢
1901 10¢ NR 7.33¢ NR 8.33¢
1902 8¢ NR 7.75¢ NR 8.33¢
1903 10¢ NR 7.50¢ NR 6¢
1904 7.83¢ 8.33¢ 8.50¢ 8¢ 5¢
Rice, per pound 1900 7¢ 7¢ 5¢ 8.33¢ 7¢
1901 7¢ 7¢ 5.83¢ 8.33¢ 7¢
1902 7¢ 7¢ 6¢ 8.33¢ 6.50¢
1903 7¢ 7¢ 5¢ 8.33¢ 6.79¢
1904 7.58¢ 7.50¢ 9¢ 8.33¢ 8¢
Sugar, per pound 1900 5.75¢ 5.90¢ 5.79¢ 5.85¢ NR
1901 5.92¢ 6.04¢ 5.71¢ 5.74¢ NR
1902 6¢ 5.38¢ 5.54¢ 5.36¢ NR
1903 6¢ 5.38¢ 5¢ 5.45¢ NR
1904 5.58¢ 5.67¢ 5.33¢ 6.25¢ 6.35¢
Tea, per pound 1900 50¢ 60¢ 47.50¢ 60¢ 50¢
1901 50¢ 61.67¢ 50¢ 60¢ 50¢
1902 50¢ 60¢ 50¢ 60¢ 50¢
1903 50¢ 50¢ 50¢ 60¢ 50¢
1904 50¢ 50¢ 50¢ 35¢ 50¢
Veal, per pound 1900 12.08¢ NR 10.25¢ NR NR
1901 12.25¢ NR 12¢ NR NR
1902 14¢ NR 12.13¢ NR NR
1903 12.75¢ NR 12¢ NR NR
1904 20.50¢ 15¢ 16.33¢ 13.96¢ 20¢
Vinegar, per gallon 1900 28¢ NR 20¢ NR 40¢
1901 28¢ NR 20¢ NR 42.50¢
1902 28¢ NR 20¢ NR 50¢
1903 32¢ NR 20¢ NR 50¢
1904 20¢ 20¢ 20¢ 30¢ 50¢
54
THE VALUE OF A DOLLAR Selected Prices, 1900-1904
Alcohol
Whiskey The New Orleans White Line Whiskey
Picayune Gallon $3.50
(1903) Quart $1.00
Whiskey Atlanta Constitution Golden Grain; a whiskey that will make good with all
(1904) who know good whiskey $1.00/quart
Wine Atlanta Constitution Zinfandel; 12 quarts $5.00/case
(1904)
Apparel, Children’s
Hat The New Orleans Children’s lawn or straw hats, trimmed
Picayune worth $0.98; Special $0.49
(1903)
Hosiery Ladies’ Home Journal Black Cat; serviceable five-thread hose for boys; $0.35/pair
(1904) fine mercerized hose for girls
Overcoat Yorkville Enquirer Boy’s, 6 to 12 years; best quality $2.50
(Yorkville, SC)
(1900)
Play Suit Ladies’ Home Journal Little Tudor; a complete top-to-toe garment $0.50
(1904)
Silk Bonnet Southern Christian 60 Children’s silk bonnets; reg $1 $0.50
Advocate
(1902)
Suit New York Times Three-piece; a camera free with every suit; reg $5 $2.98
(1901)
Underwear The State Jersey ribbed, fleeced, lined vests and pants $0.15
(Columbia, SC)
(1903)
Apparel, Men’s
Hat New York Times Alpines and derbies $3.49
(1901)
Heel Cushions Ladies’ Home Journal Gilbert’s; make yourself taller; worn inside the $0.25
(1904) shoe; 1/2”
Overcoat New York Times Spring weight $6.50
(1901)
Shirt New York Times Madras, open back and front, two detached cuffs $0.94
(1901)
Shirt Sears, Roebuck French percale; fast colors, yoke back, pearl buttons $0.40
(1902)
Shoes New York Times W. L. Douglas; My large business permits me to buy the
(1901) high-grade leathers used in $5 shoes $3.50
Shoes Greenville News Satin calf $0.93
(Greenville, SC)
(1902)
Suit The State Fitzmaurice; sack business suit; worn by most business
(Columbia, SC) men of your acquaintance $8.50
(1903)
Suspenders Harper’s Monthly President suspenders make walking easy;
Magazine the “give and take” principle; metal trimmings
(1903) cannot rust. $0.50 to $1.00
55
Selected Prices, 1900-1904 THE VALUE OF A DOLLAR
Apparel, Women’s
Belt The State Silk and elastic; large oxidized buckle, something $0.50
(Columbia, SC) very swell
(1903)
Corset New York Tribune James McCreery and Company corsets; straight front,
(1902) long hip, batiste
Value $2.25
Sale price $1.45
Corset Sears, Roebuck Special four-hook short corset for medium frame $0.50
(1902)
Crash Skirts Atlanta Constitution Linen; black and colors; $1.25 value $0.69
(1904)
Dress New York Times Spring; percale $4.88
(1901)
Handkerchiefs New York Times Hemstitched; 1” and 2” hems $3.00/dozen
(1901)
Hat Sears, Roebuck Jaunty large black turban, with a very richly
(1902) designed straw braid $2.25
Hose New York Times Lisle thread and fine cotton; regularly $0.50 $0.29
(1901)
Lawn Dress New York Times Satin-striped, figured $10.41
(1901)
Opera Bag The State Positively the newest things $1.50 to $3.50
(Columbia, SC)
(1903)
Parasol Sears, Roebuck Pure white China silk $1.25
(1900)
Shoes Greenville News Dongola shoes $0.89
(Greenville, SC)
(1902)
Shoes Ladies’ Home Journal La France; the Oxford is the smartest shoe of the season $3.00
(1904)
Shoe Inserts Harper’s Monthly Astra soles keep your feet dry, clean, and
Magazine healthy—cool in summer and warm in winter.
(1903) Worn all the year round, they absorb perspiration
entirely, prevent catarrh and rheumatism, and save
shoes and stockings $0.25 for 10 pairs
Suit New York Times Shirt-waist suit, comfortable successor to the ill-fitting
(1901) wrapper and house dress $2.25 to $4.50
Summer Suit Ladies’ Home Journal Tailored suits $8 to $50
(1904) Mohair and brilliantine suits $8 to $40
Traveling dresses $8 to $30
Undervest The State Fleece lined $0.39
(Columbia, SC)
(1903)
Appliances
Home Heater Sears, Roebuck Acme Seroco; hot-blast, air-tight sheet-steel heater for
(1902) hard or soft coal; 16” diameter $9.55
Linen Washer Harper’s Monthly Washer and heated steel roll mangle; produces crisp,
and Press Magazine clean linen that can be had in a few minutes;
(1903) the ideal laundry apparatus for the home $150 for both
Radiator Sears, Roebuck Acme; direct steam or water; latest thing in radiator
(1902) design and construction $9.45
Range Sears, Roebuck Acme Regal; 20” x 21” x 14”; steel range is highly
(1902) nickel plated throughout $20.55
Range Sears, Roebuck Steel; 8” lids; over 17” x 21” x 12”; 475 lbs;
(1902) terms: $8 cash, $3/mo, no interest $22.90
56
THE VALUE OF A DOLLAR Selected Prices, 1900-1904
Refrigerator Sears, Roebuck Acme Seroco; ice receptacle holds 125 lbs of ice, and
(1902) a 100 lb piece will go in easily without any chipping $27.50
Refrigerator Ladies’ Home Journal Leonard Cleanable; lined with genuine porcelain enamel
(1904) fired on sheet steel; 35” x 22” x 46”; beware of imitations
made with white paint $27.50
Stove The Housewife Acme Wonder cook stove; extra fine finish $4.85
(1903)
Washer Sears, Roebuck Fulton American #1; machine made of white pine, painted
(1902) and grained as ash color; will wash five shirts clean
without the use of a washboard $4.44
Washing Machine The Housewife Wonder washing machine; the equal of washing
(1903) machines that sell for two or three times the price $1.95
Water Closet Sears, Roebuck Siphon jet water closet; tank copper lined $19.75
(1902)
Baby Products
Baby Powder Sears, Roebuck Talcum; nicely perfumed and put up handsomely;
(1902) decorated metal boxes with sprinkler tops $0.08/box
Baby Spoon and Ladies’ Home Journal $1.00
Food Pusher (1904)
Baby Tender Ladies’ Home Journal E-Z-Go; teaches baby to walk $2.75
(1904)
Hygienic Absorbent Ladies’ Home Journal Keep the baby dry and clean; shield wt. 4 oz $1.50 each
Pads (1904)
Hygienic Dip Pins Ladies’ Home Journal Boston; if you buy 3, 1 will be sent free $0.10 each
(1904)
Infant’s Long Dress Ladies’ Home Journal Nainsook, yoke of fine beading and featherstitching $1.35
(1904)
Nipple Ladies’ Home Journal Clingfast; pure gum right size; outlasts three
(1904) ordinary nipples $0.50/dozen
Pants for babies Ladies’ Home Journal Stork; made to cover the diaper; absolutely
(1904) waterproof $0.05
Rattle Pacifier Sears, Roebuck Best rattle, teething ring, and plaything ever invented
(1902) for the babies $0.09
Rubber Teething Ladies’ Home Journal Bailey’s; expands the gums, keeping them soft;
Ring (1904) comforts and amuses the child $0.10
Buggy Carriages & Supplies
Buggy Sears, Roebuck Jump seat; the body is made of good material; 25” x 54” $59.75
(1900)
Buggy Sears, Roebuck Acme Royal Top $54.90
(1902)
Buggy Whip Sears, Roebuck Black star finish, waterproof cover; 6” $0.69
(1900)
Buggy Whip Edward L. Throm, ed.,
Popular Mechanics Twisted; hickory handle covered with sheepskin $0.25
Picture History of [cost in 1900]
American
Transportation
(1952)
Driving Wagon Ladies’ Home Journal Open trap style; bike gear and 7/8” Kelly rubber tires $83.00
(1904)
Driving Wagon Ladies’ Home Journal With basket seat $57.50
(1904)
Business Equipment & Supplies
Telephone Rates New York Tribune Manhattan rates for business service, New York
(1902) Telephone Company
Per month $5.00
57
Selected Prices, 1900-1904 THE VALUE OF A DOLLAR
Wireless Machine Ladies’ Home Journal Lambert; it is a dwarf in size but a giant in its
(1904) work; complete $25.00
Collectibles
Book New York Tribune First edition of “The Loving Ballad” by William
(1902) Makepeace Thackeray $42.50
Painting New York Tribune The Holy Family by Peter Paul Rubens sold in auction $50,000
(1902)
Painting New York Tribune Harvesting the Poppies by Jules Breton sold in auction $35,000
(1902)
Painting New York Tribune Arabs Crossing a Stream by A. Schreyer sold in action $11,000
(1902)
Painting American Chronicle Anton Mauve’s Sheep Coming Out of the Forest;
(1999) sold at auction $40,200
Proof Sheet New York Tribune Original proof sheet of “Charge of the Light
(1902) Brigade” with margin correction by poet $440
Education
Boarding School Harper’s Monthly Dr. Holbrook’s School for Boys; full term
Magazine begins September 24, 1903; Ossining-on-Hudson,
(1903) New York $700
Boarding School Harper’s Monthly Fort Edward Collegiate Institute for Girls; location
Magazine unsurpassed; college preparatory; choice of six
(1903) courses of study; departments also in Music, Art,
Elocution, Physical Culture; Fort Edward, New York.
Yearly rate $300 to $400
Boarding School Harper’s Monthly Lawrence Academy; endowed, limited school for
Magazine boys over ten; founded 1793. Fits for all colleges,
(1903) scientific and technical schools; Groton, Massachusetts $500
Boarding School Southern Christian Wofford College Fitting School; Spartanburg, South
Advocate Carolina; board, fuel, lights and all fees $110
(1902)
Boarding School The Salem Academy The Bingham School; Mebane, North Carolina; U. S. Army
Magazine officer detailed; Bible, physical culture, and penmanship
(1903) emphasized $125/half-term
Business School Harper’s Monthly Eastman, “The Best Business School in America;” One
Magazine hundred dollars pay entire expense of tuition, books,
(1903) stationery, board, room rent, fuel and lights during
three months; Poughkeepsie, New York $100
Dance Lessons New York Times Waltz, two-step polka, waltz quadrille; five private
(1901) four-class lessons $5.00
Seminary Harper’s Monthly Ashland Seminary; certificate admits to Wellesley
Magazine and other colleges. A delightful church school
(1903) in the heart of the beautiful Blue Grass region.
In the Diocese of Lexington, Kentucky; yearly charge $250
Entertainment
Broadway Play New York Tribune Sleeping Beauty and the Beast; matinee $50.00 to $1.50
(1902)
Circus New York Tribune Great 4-Paw and Sells Brothers Enormous Shows United;
(1902) at Madison Square Garden, featuring Diavalo’s
Loop the Loop $0.25 to $2.00
Orchestral Concert New York Tribune Wetzler Orchestral Concert; featuring soloist Paderewski
(1902) Seats $1 to $2
Vaudeville New York Tribune Big Vaudeville Comedy; 25 star acts
(1902) Seats $0.25 and $0.50
Reserved $0.75
Box $1.00
58
THE VALUE OF A DOLLAR Selected Prices, 1900-1904
Show Ticket Sears, Roebuck Buffalo Bill’s Wild West and Rough Riders Show,
(1901) Madison Square Garden Gallery $0.25
Second balcony $0.50
First balcony $0.75
Arena $1.00
First-tier boxes $9.00
Arena boxes $12.00
Theater Ticket Atlanta Constitution Eagle Minstrels; Singers, dancers, comedians
(1904) patriotic first part; funny mock initiation $0.25/$0.50/$0.75
Entertainment, Home
Board Game Sears, Roebuck Ouija; the most interesting and mystifying
(1902) production of the age $1.00
Bone Dice Sears, Roebuck Square corners, No. 6, 1/2” $0.09/dozen
(1902)
Camera Sears, Roebuck Delmar folding camera $3.75
(1902)
Playing Cards Sears, Roebuck Dougherty Climax; enameled, round-cornered,
(1902) linen cards $0.24/package
Talking Machine Sears, Roebuck Graphophone; not a toy but a high-grade and
(1900) complete graphophone $5.00
Talking Machine Sears, Roebuck Graphophone Grand $25.00
(1902)
Farm Equipment & Supplies
Dehorning Clippers Sears, Roebuck Keystone; the latest improved and most powerful instrument
(1900) for dehorning cattle $12.00
Pony Plow Sears, Roebuck All-steel, wood beam, one-horse plow, 8” cut $2.39
(1902)
Financial Products and Services
U.S. Money Orders Advertising Trade $5–$1,000 $0.08
Card $2,000–$3,000 $0.12
(1900) $3,000–$4,000 $0.15
$4,000–$5,000 $0.20
Food Products
Breakfast Cereal Ladies’ Home Journal Ralston; over a million people know
(1904) Ralston is the best $0.15/package
Butter Atlanta Constitution Elgin; best of this famous brand; delivered on ice $0.28/pound
(1904)
Coffee Sears, Roebuck Ten-pound tin, special grade $2.10
(1902)
Coffee Greenville News 13¢/pound
(Greenville, SC)
(1903)
Coffee Ladies’ Home Journal Pomja; a selected blend of the highest grades of coffee $0.30/pound
(1904)
Coffee The Ladies’ Home Pomja coffee; sold in sealed one-pound packages $0.30
Journal
(1904)
Corn Syrup Ladies’ Home Journal Karo; the great spread for daily bread in air-tight,
(1904) friction-top tins $0.10/$0.25/$0.50
Cream Puffs The Salem Academy
and Cupcakes
Magazine $0.20/dozen
(1903)
Dessert Jelly The Ladies’ Home Bro-Man-Gel-On; the one perfect dessert jelly
Journal One package $0.13
(1904)
59
Selected Prices, 1900-1904 THE VALUE OF A DOLLAR
Flour Greenville News Virginia flour; ground from selected winter wheat $4.75/bushel
(Greenville, SC)
(1903)
Gelatin Ladies’ Home Journal Bro-Man-Gel-On; the one perfect dessert jello 13¢/package
(1904)
Jam Atlanta Constitution A&P; One-pint jar $0.16/jar
(1904)
Marshmallows Sears, Roebuck Five-pound box $0.67
(1902)
Milk Cocoa Ladies’ Home Journal Croft’s Swiss; nothing in it but pure pasteurized milk,
(1904) the finest cocoa beans, and sugar; makes 40 cups $0.15
Pork Sausage Greenville News $0.10/pound
(Greenville, SC)
(1902)
Prunes Greenville News Large jar $0.10
(Greenville, SC)
(1903)
Soda Crackers Sears, Roebuck Twenty-pound box $0.99
(1902)
Sweet Pickled Greenville News Large jars $0.47
Peaches (Greenville, SC)
(1903)
Tea Atlanta Constitution Ceylonia Iced; highest grade $0.70/pound
(1904)
Tea The Ladies’ Home Ceylon tea; a delight to all connoisseurs
Journal Per package $0.70
(1904)
Vanilla Wafers The Salem Academy
and Macaroons
Magazine $0.10/dozen
(1903)
Water The New Orleans Sparkling Abita; the perfect table water
Picayune Per dozen pints $1.75
(1903)
Furniture
Banquet Lamp Sears, Roebuck Cerise; globe and bowl are of one dark red shade
(1902) with the velvet finish, making a very soft light at night;
25” high $5.90
Bed New York Times White enamelled brass, heavy posts $2.98
(1901)
Bed Sears, Roebuck Brass trimmed iron; baked white-enamel finish,
(1902) 1/2 brass-top rail on both head and foot $4.75
Bed Atlanta Constitution Sanitary folding; metal, worth $10 $5.00
(1904)
Bedroom Suite Sears, Roebuck With Cheval dresser; made of hardwood $21.00
(1900)
Bedroom Suite Sears, Roebuck Full-size bed, dresser, 18” x 34” commode, oak $16.95
(1902)
Bookcase Ladies’ Home Journal Sectioned; can be added to as your library grows;
(1904) 49” high, art glass doors, quarter-sawed oak or
mahogany finish $18.25
Carpet Sears, Roebuck Heavy weight; ingrain; all-wool super ingrain carpet in
(1902) one of the richest dark red backgrounds and newest bright
floral designs shown this season $0.58/yard
Dining Room Suite The New Orleans The Union Furniture Company; suite includes one
Picayune sideboard, one extension table, six cane seat chairs;
(1903) in solid golden oak $23.00
60
THE VALUE OF A DOLLAR Selected Prices, 1900-1904
Furniture New York Times Parlor suits: 3-piece suite, sofa, arm and wall chair;
(1901) inlaid frames, carved legs, satin damask cover $90 to $135
Home Desk Ladies’ Home Journal 28” x 40”, tambour front; dust proof; quarter-sawed
(1904) oak; golden finish $27.00
Lantern Sears, Roebuck Dietz; a strongly guarded crystal tubular lantern with
(1902) a glass front instead of tin $0.68
Mantel Harper’s Monthly The newest and most artistic fireplace mantels are made
Magazine of ornamental brick in Colonial, Elizabethan, Renaissance,
(1903) Empire, and other styles; any capable brickmason
can set them up with our plans $12.00 and up
Mattress Sears, Roebuck You are in luck to sleep on a climax mattress $10.00
(1902)
Parlor Suite Sears, Roebuck Three-piece; divan, arm chair, and parlor chair;
(1902) birch construction, mahogany finish; price depending
on fabric selection $9.95-$11.95
Rocking Chair Sears, Roebuck High back, richly carved $2.85
(1900)
Rolltop Desk Sears, Roebuck All oak; 48” long, 30” wide, 46” high; 5 drawers $11.95
(1902)
Garden Equipment & Supplies
Fertilizer New York Tribune Bowker’s bone and wood ash fertilizer;
(1902) 100-pound bag $2.00
One ton $25.00
Flower Bulb Greenville News Calladium $0.15
(Greenville, SC)
(1902)
Garden Hose Greenville News ⁄”
1
2 $0.10/foot
(Greenville, SC) ⁄”
3
4 $0.125/foot
(1903)
Lawn Dressing New York Tribune Bowker’s lawn and garden dressing; anyone can
(1902) apply, sufficient for one-quarter acre
100 pounds $3.00
Pruning Shears Sears, Roebuck and Henry Pattern pruning shears; high-grade steel blades $0.27
Co. Catalogue
(1902)
Hotel Rates
Hotel Room New York Tribune Hotel Stratford; ocean front, Atlantic City, New Jersey,
(1902) European plan
Per day $2.50 to $3.00
Hotel Room New York Tribune The Rittenhouse; Atlantic City, New Jersey, strictly
(1902) high-class, refined hotel, cuisine and service unsurpassed
Spring rates per day $12 to $17
Saturday to Monday $4.00
Hotel Room New York Tribune Hotel Windsor; the most reasonably priced first-class
(1902) hotel in the world, 140 rooms, American plan
Per day, per person $2.50
Hotel Room The New Orleans Hotel Denechaud; New Orleans; per day
Picayune American plan $2 and up
(1903) European plan $1 and up
Hotel Room The Salem Academy Hotel Jones; all modern conveniences provided,
Magazine electrical lights and bells $2.00/day
(1903)
Household Products
Alarm Clock Sears, Roebuck Oxidized, no battery necessary; 2 lb $2.50
(1902)
61
Selected Prices, 1900-1904 THE VALUE OF A DOLLAR
Asphalt Coating Ladies’ Home Journal Elliott’s Durable; will add at least ten years
(1904) to the life of a new or old leaky shingle, tin,
or felt roof $0.75/gallon
Blanket Yorkville Enquirer In grey and white $0.50
(Yorkville, SC)
(1900)
Carpet Ladies’ Home Journal Can be selected at your own fireside from our catalogue;
(1904) Sultan cottage carpets $0.25/yard
All-wool extra super ingrains $0.59/yard
Carpet Sweeper Ladies’ Home Journal Bissell; it is little short of pathetic to see a woman in
(1904) this age sweeping with a corn broom $2.00 to $4.00
Carpet Sweeper Sears, Roebuck Acme; does not wear out a carpet like a broom does $1.65
(1902)
China Sears, Roebuck Waverly; 100-piece, semi-porcelain dinner set, service
(1902) for 12; decorated in green, blue, or brown $5.98
Cleanser Sears, Roebuck Cleanit Liquid; the best compound in the world for
(1902) removing paint or grease stains, 4-oz bottle $0.15/bottle
Curtains The State Very handsome patterns $3.50/pair
(Columbia, SC)
(1903)
Curtains New York Tribune Lord and Taylor ruffled muslin curtains; $1.00
(1902) Per pair $2.00
$3.00
Fleece Blanket Ladies’ Home Journal The Suffolk Sanitary; beautiful to see, healthful to use,
(1904) light to handle; full-size pair $1.00
Floor Mop Atlanta Constitution Regular 1$0.09 kind $0.10
(1904)
Fountain Brush Ladies’ Home Journal The Knickerbocker; for your bath; 595 little streams
(1904) and rubber tips bathe and massage at once $3.50
Glassware Sears, Roebuck 40-piece outfit; imitation cut glass, includes 6 glass
(1902) tumblers, 6 goblets, 12 berry saucers” $1.75
Grille Fencing Ladies’ Home Journal 48” long with pole Decorative and inexpensive 60” long $5.00
(1904) $5.75
Kitchen Cabinet Ladies’ Home Journal Hoosier; storeroom, pantry, kitchen table in one $14.00
(1904)
Lead Paint The State Masury’s Railroad; it will stay white $071⁄4
(Columbia, SC) cents/pound
(1903)
Light Bulb Harper’s Monthly Block light; a wonderful, new white light of intense
Magazine brilliancy produced by the perfect combination of air
(1903) and any kind of gas—city gas, natural gas and gasoline
gas; complete block light $1.50
Milk Can Sears, Roebuck Wisconsin Pattern; is in use all over the United States
(1902) as a wagon can for hauling milk or cream to
creameries; 10 gallons $1.60
Nail Hammer Sears, Roebuck Sears & Roebuck; 1 1⁄2”, 1 lb claw hammer $0.53
(1902)
Paint Sears, Roebuck Ready mix $0.98/gallon
(1902)
Pesticide Sears, Roebuck Strangle Food; the surest and quickest death to bugs $0.25/can
(1900)
Pillow The New Orleans Large size feather pillows covered with best feather
Picayune ticking $0.49
(1903)
Pineapple Knife Ladies’ Home Journal Seams and eyes quickly and easily removed $0.25
and Shredder (1904)
62
THE VALUE OF A DOLLAR Selected Prices, 1900-1904
Porch Shades Ladies Home Journal Vudor; shut out the sun and at the same time let in
(1904) the air, making the porch a cool, cozy, and comfortable
room on warm summer days $2.00
Prepared Wax Ladies’ Home Journal Johnson; the hardwood floor authorities
(1904) 1 lb can $0.60
8 lb can $2.00
Rubber Gloves Ladies’ Home Journal Non-Pa-Reil; preserve the beauty of the hands $1.00/pair
(1904)
Saw Sears, Roebuck Henry Disston & Sons; 22” panel saw, 12 points $1.13
(1902)
Sawed Wood The State Palmetto Ice Company $3.25/cord
(Columbia, SC)
(1903)
Sheet The State Bleached; 81” x 90” $0.98
(Columbia, SC)
(1903)
Silver Tea Strainer Ladies’ Home Journal Made of solid white metal quadruple silver-plated,
(1904) ebonized handle four inches long $0.35
Silverware Set Sears, Roebuck 26 pieces $4.95
(1902)
Sponge Ladies’ Home Journal Kleanwell; for perfect hands, the only thoroughly hygienic
(1904) and sanitary sponge in existence;
Toilet size $0.50
Bath size $0.75 to $1.00
Tool Chest Sears, Roebuck Made of selected chestnut hardwood moldings; sliding
(1902) tray; 28” x 15” x 14” $5.40
Wallpaper Sears, Roebuck All-purpose for home; dark gray background with beautiful
(1902) festoons of daisies; includes 9” border; double roll $0.09
Washcloth Ladies’ Home Journal Aercel; made by an entirely new process; it cleans itself $0.05
(1904)
Jewelry
Badge or Class Pin Ladies’ Home Journal Be loyal to your college, school, class, society, or club
(1904) Silver plate $1.00/dozen
Sterling silver $2.50
Pocket Flask Sears, Roebuck Pocket drinking flask; glass-covered with leather $0.80
(1902)
Pocket Watch Sears, Roebuck 17-jewel, 20-year guarantee a gold-filled case $11.00
(1902)
Watch Greenville News Nickel, 21 extra-fine red-ruby jewels $100
(Greenville, SC)
(1903)
Meals
Lunch American Silver New York Central Railroad; menu includes: Baked chicken
Flatware pie; boiled ox tongue with spinach; roast ribs of beef, new
(1901) golden wax beans, stewed tomatoes, lettuce salad, potato
salad, bread and butter, custard pudding $1.00
Medical Products & Services
Alcohol Cure Sears, Roebuck It creates an appetite for food instead of liquor $0.42
(1902)
Glasses New York Times Keene’s Optical; free exam with purchase of glasses,
(1901) Regular $1.00
Gold-spring eyeglasses $2.50
Glasses Sears, Roebuck Gold-filled spectacles $1.90
(1902)
Homeopathic Sears, Roebuck Twelve bottles of homeopathic remedies, medicine case,
Remedies (1902) and instruction sheet free $1.50
63
Selected Prices, 1900-1904 THE VALUE OF A DOLLAR
Nonprescription Sears, Roebuck Pasteur’s Death of Microbes; will prevent lagrippe, catarrh,
Drug (1900) consumption, malaria, blood poison, and rheumatism $0.80/half-
gallon
Nonprescription Sears, Roebuck Wonderful Little Liver Pills; constipation, that most hideous
Drug (1900) and deadly demon of sickness, is an easy enough thing
to cure $0.12/bottle
Nonprescription Sears, Roebuck Dr. Rose’s French Arsenic Complexion Wafers; for even the
Drug (1902) coarsest and most repulsive skin and complexion $0.35/50 wafers
Nonprescription Sears, Roebuck Electric Liniment; for rheumatism, sprains,
Drug (1902) wounds, bruises, lame back, contracted muscles $0.25
Nonprescription Greenville News Castoria; remedy for constipation, sour stomach,
Drug (Greenville, SC) convulsion, and loss of sleep $0.35/35 doses
(1903)
Nonprescription Greenville News Wine of Gardui; 1,500,000 afflicted women have been
Drug (Greenville, SC) cured of female diseases $1.00/bottle
(1903)
Nonprescription Atlanta Constitution Botanic Blood Balm; cures eczema, all skin and blood
Drug (1904) diseases, cold sores $1.00/bottle
Painkiller Sears, Roebuck At the first sign of a cramp, relief comes at once $0.25
(1902)
Teeth The New Orleans National Dental Parlors; the Celebrated English Teeth,
Picayune mounted on Sampson Red Rubber
(1903) Set of teeth $3.00
Porcelain crowns $3.00
Gold fillings $0.75
Tobacco Cure Sears, Roebuck Can be chewed the same as tobacco $0.40
(1902)
Truss Sears, Roebuck Double scrotal; we recommend it in very severe cases $10.00
(1900)
Truss Sears, Roebuck Lea’s; fitted with improved safety clutch fastenings; elastic;
(1902) complete with the celebrated water pad;
adult size, single $0.98
adult size, double $1.75
Witch Hazel Extract Sears, Roebuck Useful for sore throat, hemorrhage, wounds, sprains,
(1902) bruises, sore eyes, stiff joints, burns; 1⁄2-pt bottle $0.12
64
THE VALUE OF A DOLLAR Selected Prices, 1900-1904
Musical Instruments
Autoharp Sears, Roebuck 23 strings, 5 bars; produces five chords $2.95
(1902)
Cornet The Housewife Marceau B Flat cornet; short model $6.45
(1903)
Piano New York Times Waters; upright; cash price $225
(1901) Installments: $10 down and $7/mo $250
Piano Sears, Roebuck Home favorite piano-organ upright; A-grade $59.45
(1902)
Violin Sears, Roebuck Stradivarius model $2.45
(1902) Genuine Lowendall violin $19.95
Other
Baseball Calendar New York Times Part I: July–December 1901 $0.30
(1901)
Crematory Services American Chronicle Adult charges, receptacles free $30.00
(1999)
Fine New York Tribune Cost of a speeding ticket for automobile dealer
(1902) Frank Homan of Amsterdam Ave., New York City $10.00
65
Selected Prices, 1900-1904 THE VALUE OF A DOLLAR
66
THE VALUE OF A DOLLAR Selected Prices, 1900-1904
Publications
Book New York Tribune My Early Travels and Adventures in America and Asia
(1902) by Henry M. Stanley, two volumes
Regularly $3.00
Sale $0.75
Book Harper’s Monthly A History of the American People by Woodrow
Magazine Wilson in five volumes; a new, epoch-making,
(1903) work—the only complete narrative history of the
great Republic in existence today $25.00
Catalogue Sears, Roebuck Sears, Roebuck & Co. Catalogue $0.15/year
(1900)
Catalogue Sears, Roebuck Sears, Roebuck & Co. Catalogue $0.50/year
(1902)
Cook Book The Ladies’ Home From Grandmother’s time until now; every improvement,
Journal as well as famous recipes of Grandma’s day.
(1904) Marion Harland’s New Complete Cook Book $2.00
Magazine Ladies’ Home Journal Popular Mechanics; Per copy $0.10
(1904) Per year $1.00
Year’s subscription and easy electrical experiments $1.50
Newspaper The Daily Picayune The Daily Picayune $0.10
(New Orleans, LA)
(1900)
Newspaper Yorkville Enquirer Yorkville Enquirer; twice weekly $0.05
(Yorkville, SC)
(1900)
Newspaper New York Tribune New York Tribune
(1902) Sunday $0.05
Daily $0.03
12 Months $10.00
Periodical The Philistine The Philistine; a periodical of protests
Monthly $1.00
Real Estate
Apartment Building New York Times For sale; 20-family, cold-water tenement; five-story;
(1901) rents over $2,900/year $3,000
House Plans The Ladies’ Home Large book of 125 plans giving views, plans, description
Journal and estimate to build $0.25
(1904)
House New York Times Country homes in the Palisades $800
(1901)
House New York Times Prospect Park South; 10–14 room houses,
(1901) tiled vestibules and two baths $10,000 + up
67
Selected Prices, 1900-1904 THE VALUE OF A DOLLAR
House New York Times South Midwood, Flatbush Avenue, Brooklyn; $7,000 to
(1901) 35 minutes from New York City $12,000
House Greenville News Seven-room house, West Washington St., 90’x 200’ $2,800
(Greenville, SC)
(1903)
House Ladies’ Home Journal California; seashore cottage of Swiss design contains
(1904) eight rooms and bath $2,200
House Ladies’ Home Journal California; shingle bungalow of five rooms; building cost $1,200
(1904)
House Ladies’ Home Journal California; most attractive and spacious cottage of four
(1904) rooms and bathroom $1,100
House Ladies’ Home Journal California; teacher’s bungalow and artist’s studio $2,000
(1904)
Room New York Tribune Room with bath; private halls, elegant suite, elevator,
(1902) hall boy service; Apply at 30 West 128th Street, New
York City
Per month $50.00
Room New York Tribune Modern, high-class, absolutely fireproof apartment
(1902) 1109 Madison Avenue
Per year $1,600
Sewing Equipment & Supplies
Broadcloth The State 52” wide in all colors $1.00/yard
(Columbia, SC)
(1903)
Cloth Sears, Roebuck Fancy percale; both dress and shirting styles in figures,
(1900) scrolls, and fancy stripes $0.10/yard
Cloth New York Times French batiste all-wool fabrics; reg $0.50 $0.38
(1901)
Cloth Southern Christian 500 yards flannelettes; reg $0.15 $0.10
Advocate
(1902)
Cloth Sears, Roebuck Broadcloth in all-fashion colors $1.00/yard
(1902)
Cloth The State Granite stripe madras; new weaves for winter waists $0.25 to
(Columbia, SC) $0.35/yard
(1903)
Pants Cuffs Sears, Roebuck Highwater; enables the wearer to quickly transform
(1900) regular trousers into bicycle, golf, or riding breeches $0.25/pair
Pattern Ladies’ Home Journal Baby wardrobe; 35 patterns for baby’s long clothes $0.25
(1904)
Sewing Machine Sears, Roebuck Minnesota; automatic drop desk cabinet $23.20
(1902)
Sewing Needle Case Sears, Roebuck Contains four papers of needles, also other needles
(1902) and pins $0.02
Thimble Sears, Roebuck Solid silver $0.15
(1902) Solid 14-karat gold $3.75
Sports Equipment
Bicycle New York Times Viking; special offer $15.50
(1901)
Bicycle Sears, Roebuck Lady’s $8.95
(1902)
Bicycle Tire New York Times H. Rausch $2.65
(1901)
Book Harper’s Monthly Practical Golf by Walter J. Travis, Former Amateur Golf
Magazine Champion of the United States; profusely illustrated
(1903) from photographs $2.00
68
THE VALUE OF A DOLLAR Selected Prices, 1900-1904
Carver Sears, Roebuck Fancy blade stag-handle carver; 8” knife and fork $1.62/pair
(1902)
Field Glasses Sears, Roebuck Highest grade genuine Jena $12.95
(1902)
Jackknife Sears, Roebuck Stag handle, brass lining, finished inside and out $0.47
(1902)
League Baseball Sears, Roebuck S. R. & Co.; made entirely by hand, by old, experienced
(1900) workmen only $0.90
Police Revolver Sears, Roebuck Colt; side-ejecting revolver; 32-caliber, nickle plated $12.50
(1900)
Shotgun Sears, Roebuck $27.75
(1902)
Shotgun Harper’s Monthly Iver Johnson top snap $7.00
Magazine
(1903)
Telephone Equipment & Services
Telegraph Susan J. Douglas, Charge to steamship companies to report the arrival of
Inventing American ships at Nantucket [cost in 1901] $5.00/vessel
Broadcasting
(1987)
Telephone Charges Douglas, Telephone: Residential rates (Cleveland) for 1901 $48.00/year
The First Hundred Years
(1987)
Telephone Charges Douglas, Telephone: Business Rates (Asheville, North Carolina) for 1903 $40.00
The First
Hundred Years
(1987)
Tobacco Products
Cigar The New Orleans Tulane College cigar; the leading five-cent cigar;
Picayune Union Labor; Not in the Trust $0.05
(1903)
Cigar Advertising Trade Card $0.05
(1901)
Pipe Sears, Roebuck Applewood; wood pipe with silver derrule and
(1902) rubber stem, 2 1/2” long $0.04
Pipe Sears, Roebuck Yale Student; heavy briar pipe with bent Chinese
(1902) amber bit, heavy Bull-Bitch shape 3/$0.09
Travel & Transportation
Cruise New York Tribune European Tour, 103-day trip to include Gibraltar,
(1902) Morocco, Spain, Italy, Austria, Switzerland, Germany,
the Rhine, Belgium, France, England $240 to $975
Ship Fare New York Tribune Dominion Line; fast twin screw service
(1902) Boston to Queenstown to Liverpool
Saloon $50.00
Second saloon $40.00
Ship Fare New York Tribune Mediterranean, service from New York to Gibraltar,
(1902) Naples, Genoa
Saloon $75.00 and up
Second saloon $50.00
Taxi Fare New York Tribune Carriage ride from White Star pier in New York
(1902) City to any point in the city south of 59th Street
One person $2.00
Two or three persons $3.00
Four persons $4.00
69
Miscellany, 1900-1904 THE VALUE OF A DOLLAR
MISCELLANY 1900-1904
Jack Zelig, (1882–1912): Gang Leader
and Murderer
A handsome, brutish killer, Big Jack’s services
were always available for hire to any bidder, high
or low. There is no record of the gang leader ever
turning down any job of violence. A Zelig hench-
man once gave the police Big Jack’s price list:
Slash of cheek with knife $1–10
Shot in leg 1–25
Shot in arm 5–25
Throwing a bomb 5–50
Murder 10–100
The Encyclopedia of American Crime
Liquor Licenses
In 1900, licensed retail liquor saloons annually
paid $500 for a license in Chicago, but were
charged $1,100 in Philadelphia. In Boston,
innkeepers paid $2000, common victualers,
$1,100, while common victualers, second, and
third calls, $500. In Bridgeport, Conn., the amount
of the license ran $450—reduced to $250 for the
sale of beer only. San Francisco had one of the
nation’s lowest license fees at $84 a year.
Bulletin of the Department of Labor, September 1901
70
THE VALUE OF A DOLLAR Miscellany, 1900-1904
MISCELLANY 1900-1904
Union Dispute Barbers Wanted
Racine, Wis.—This morning twenty tin shops of Wanted—men to learn barber trade; can nearly
Racine went out on strike. The minimum wage earn expenses before finishing; position waiting
scale in the past has been 22 1⁄2 cents an hour, graduates; $18 weekly; a few weeks completes
nine hours a day. Their demand is for a minimum course.
scale of 25 cents an hour, nine hours a day. The Atlanta Constitution (1904)
bosses refused to give the increase in part, claim-
ing that some of the men were worth more than Men’s Salaries Compared to Women’s
others and refusing to pay it to this class of A chart showing the weekly wages in 2,846
mechanics. The maximum scale is satisfactory Minnesota business establishments in 1890,
and ranges from 25 cents to 35 cents an hour. showed that 13.79 percent of the male workers
Milwaukee Journal (1901) earned less than $8 per week compared to 81.33
percent of the female workers at that wage. The
The Chorus Girl of To-Day highest percentage of male employees received
There are now employed in New York in musi- from $9 to $15 per week.
cal plays between 1,200 and 1,500 women who Seventh Biennial Report of the Bureau of Labor of
the State of Minnesota, 1899–1900
appear in the chorus; the salaries range any-
where from $15 to $30 a week. Taking a mean
average of $20 a week for the chorus girl, it will
be seen that no less than $24,000 is paid out
every week in chorus girl salaries alone. In a sea-
son of thirty weeks the expenditures in salaries
for chorus girls would amount to no less than
$720,000.
New York Times (1903)
71
Historical Snapshot, 1905-1909 THE VALUE OF A DOLLAR
HISTORICAL SNAPSHOT
1905-1909
1905 C. W. Post creates Post Toasties Model-T Ford introduced; flivver
The newly formed Industrial cornflakes costs $850.50
Workers of the World (IWW) Upton Sinclair’s The Jungle ex- A C Spark Plug Co. founded by
attacks AF of L for accepting capi- poses conditions in U.S. meat- Buick Motor Car president W. C.
talist system packing industry Durant
A New York law limiting hours of Samuel Hopkins Adams’s The Great Two subway tunnels open to traf-
work in the baking industry to 60 American Fraud exposes the fraudu- fic in New York City
per week is ruled unconstitutional lent claims of many patent medicines
President Theodore Roosevelt
by the Supreme Court calls White House conference on
U.S. auto production reaches 15,000 1907
conservation
cars/yr, up from 2,500 in 1899 Economic crises abound with the
William Randolph Hearst acquires collapse of the New York Stock
Market and runs on banks 1909
Cosmopolitan magazine for 20,000 members of Ladies’ Waist
$400,000 Sears, Roebuck distributes 3 mil-
lion copies of spring catalogue Maker’s Union stage three-month
Royal Typewriter Company found- strike, win most demands
ed by New York financier Thomas Cadillac is advertised at $800, a
Ford Model K at $2,800, horses for Westinghouse Electric is placed in
Fortune Ryan
$150 to $300 receivership
Wireless telegraphy service links General Motors acquires Cadillac
1906
U.S. to Ireland from Henry H. Leland for $4.5 mil-
Excavation of the Panama Canal lion
begins
Movie projectionist Donald H. Bell
founds Bell and Howell Co., pio- $17 million Queensboro bridge
Armstrong Linoleum introduced neers in motion picture photogra- opens in New York City
Sales of Jell-O reach nearly $1 million phy and projection John D. Rockefeller gives $350 mil-
A-1 Sauce introduced in the United The first canned tuna fish is lion for worldwide medical
States by Hartford’s G. F. Heublein packed in California research
& Bros. Copyright Act of 1909, significantly
Planters Nut and Chocolate 1908 extending the rights of authorship,
Company created U.S. banks close as economic approved by Congress and
Oklahoma admitted to the Union depression deepens becomes law
72
THE VALUE OF A DOLLAR Selected Income, 1905-1909
73
Selected Income, 1905-1909 THE VALUE OF A DOLLAR
Job Source Description Pay
Waitress San Francisco First class city hotel, room in or out $30 or $35/mo
Examiner
(1907)
74
THE VALUE OF A DOLLAR Consumer Expenditures, 1905-1909
INVESTMENTS 1905-1909
Investment 1905 1906 1907 1908 1909
COMMON STOCKS, CLOSING PRICE AND YIELD, FIRST BUSINESS DAY OF YEAR
75
Standard Jobs, 1905-1909 THE VALUE OF A DOLLAR
Average of all Industries, excl. farm labor $559/yr $571/yr $593/yr $564/yr $594/yr
Average of all Industries, incl. farm labor $510/yr $523/yr $542/yr $519/yr $544/yr
Bituminous Coal Mining 30¢/hr 29¢/hr 29¢/hr 29¢/hr 28¢/hr
Avg hrs/wk 51.60 51.60 51.60 51.60 51.60
Building Trades, Union workers 48¢/hr 50¢/hr 51¢/hr 51¢/hr 45¢/hr
Avg hrs/wk 45.90 45.70 45.60 45.60 46.10
Clerical Workers in Mfg. & Steam RR $1076/yr $1074/yr $1091/yr $1111/yr $1136/yr
Domestics $278/yr $286/yr $316/yr $580/yr $420/yr
Farm Labor $302/yr $315/yr $319/yr $324/yr $328/yr
Federal Employees, Executive Depts. $1072/yr $1085/yr $1094/yr $1102/yr $1106/yr
Finance, Insurance, & Real Estate $1115/yr $1146/yr $1180/yr $1218/yr $1263/yr
Gas & Electricity Workers $543/yr $581/yr $623/yr $595/yr $618/yr
Lower-Skilled Labor $484/yr $495/yr $442/yr $496/yr $443/yr
Manufacturing, Payroll 18¢/hr 19¢/hr 18¢/hr 18¢/hr 15¢/hr
Avg hrs/wk 60.70 60.60 60.30 60.20 60.10
Manufacturing, Union Workers 38¢/hr 39¢/hr 40¢/hr 39¢/hr 39¢/hr
Avg hrs/wk 51.10 51 50.80 50.40 50.30
Medical/Health Services Workers $292/yr $296/yr $306/yr $313/yr $326/yr
Ministers $773/yr $759/yr $831/yr $833/yr $831/yr
Nonprofit Org. Workers $689/yr $677/yr $741/yr $743/yr $741/yr
Postal Employees 37¢/hr 38¢/hr 40¢/hr 41¢/hr 38¢/hr
Avg hrs/wk 48.00 48.00 48.00 48.00 48.00
Public School Teachers $392/yr $409/yr $431/yr $455/yr $476/yr
State and Local Govt. Workers $646/yr $664/yr $694/yr $695/yr $696/yr
Steam Railroads, Wage Earners $589/yr $607/yr $661/yr $667/yr $644/yr
Street Railway Workers $646/yr $662/yr $658/yr $650/yr $671/yr
Telegraph Ind. Workers $592/yr $581/yr $635/yr $639/yr $622/yr
Telephone Ind. Workers $401/yr $412/yr $412/yr $420/yr $430/yr
Wholesale and Retail Trade Workers $393/yr $580/yr $593/yr $609/yr $561/yr
76
THE VALUE OF A DOLLAR Food Basket, 1905-1909
Apples, Evaporated, per pound 1905 12¢ 10¢ 12¢ 12¢ 10¢
1906 12¢ 12¢ 13¢ 12¢ 13¢
1907 NR NR NR NR NR
1908 NR NR NR NR NR
1909 NR NR NR NR NR
Beans, Dry, per quart 1905 10¢ 9.44¢ 9.33¢ 9.38¢ 7.50¢
1906 10.13¢ 9.44¢ 9.33¢ 9.38¢ 7.50¢
1907 NR NR NR NR NR
1908 NR NR NR NR NR
1909 NR NR NR NR NR
Beef, Fresh, Roasts, per pound 1905 13.71¢ 13.67¢ 10.03¢ 11¢ 12.80¢
1906 13.02¢ 13.98¢ 10.29¢ 11.14¢ 13.35¢
1907 NR NR NR NR NR
1908 NR NR NR NR NR
1909 NR NR NR NR NR
Beef, Steaks (Round), per pound 1905 17.23¢ 13.64¢ 10.80¢ 11.67¢ 12.50¢
1906 17.93¢ 13.33¢ 10.77¢ 11.94¢ 12.50¢
1907 18.13¢ 13.75¢ 14.25¢ 15.20¢ 12.50¢
1908 18.40¢ 15¢ 14.85¢ 15.83¢ 12.50¢
1909 19.20¢ 17.50¢ 15.93¢ 16.55¢ 13.19¢
Beef, Salt (Corned), per pound 1905 7.50¢ 12.50¢ 8.81¢ 6.33¢ 9¢
1906 7.72¢ 12.50¢ 7.31¢ 6.33¢ 9¢
1907 NR NR NR NR NR
1908 NR NR NR NR NR
1909 NR NR NR NR NR
Bread, Wheat, per loaf 1905 5¢ 5¢ 5¢ 5¢ 5¢
1906 5¢ 5¢ 5¢ 5¢ 5¢
1907 NR NR NR NR NR
1908 NR NR NR NR NR
1909 NR NR NR NR NR
Butter, per pound 1905 27.97¢ 29.47¢ 23.08¢ 26.54¢ 30.14¢
1906 29.86¢ 29.67¢ 23.67¢ 26.63¢ 33.03¢
1907 33.14¢ 32.75¢ 32.04¢ 30.28¢ 37.64¢
1908 33.42¢ 31.81¢ 31.42¢ 32.69¢ 36.67¢
1909 35.19¢ 37.05¢ 32.43¢ 34.03¢ 37.78¢
Cheese, per pound 1905 17.23¢ 16.62¢ 17.13¢ 18.44¢ 20¢
1906 18.50¢ 18.54¢ 18.37¢ 18.44¢ 20¢
1907 NR NR NR NR NR
1908 NR NR NR NR NR
1909 NR NR NR NR NR
Chickens, per pound 1905 16.71¢ 16.56¢ 15.03¢ 15.46¢ 23.32¢
1906 17.35¢ 16.97¢ 14.78¢ 15.49¢ 24.5¢
1907 17.83¢ 18.67¢ 14.39¢ 15.31¢ 20¢
1908 18.36¢ 22¢ 15.29¢ 16.22¢ 20¢
1909 19.02¢ 20.83¢ 16.22¢ 18.03¢ 22.33¢
Coffee, per pound 1905 18.33¢ 25¢ 16.80¢ 21.67¢ 25¢
1906 19.41¢ 25¢ 17¢ 22.43¢ 25¢
1907 NR NR NR NR NR
1908 NR NR NR NR NR
1909 NR NR NR NR NR
Cornmeal, per pound 1905 3.42¢ 1.95¢ 2.38¢ 2.25¢ 2.75¢
1906 3.09¢ 2.06¢ 2.38¢ 2.25¢ 2.75¢
1907 3.17¢ 1.96¢ 2.57¢ 2.56¢ 2.97¢
1908 3.25¢ 2.22¢ 2.62¢ 2.56¢ 3.14¢
1909 3.33¢ 2.62¢ 2.94¢ 2.56¢ 3.03¢
77
Food Basket, 1905-1909 THE VALUE OF A DOLLAR
Potatoes, Irish, per peck 1905 32.56¢ 22.58¢ 16.92¢ 15.50¢ 22.25¢
1906 33.33¢ 25¢ 15.67¢ 20.38¢ 24.56¢
1907 NR 29.83¢ 21¢ $1.54 (per $1.95 (per
100 lbs) 100 lbs)
1908 NR 25.83¢ 25.17¢ $1.58 (per $1.60 (per
100 lbs) 100 lbs)
1909 NR 28.33¢ 24¢ $1.58 (per $1.79 (per
100 lbs) 100 lbs)
Prunes, per pound 1905 10¢ 10¢ 8¢ 10.63¢ 5.25¢
1906 12¢ 10¢ 9¢ 12.50¢ 6.81¢
1907 NR NR NR NR NR
1908 NR NR NR NR NR
1909 NR NR NR NR NR
Rice, per pound 1905 8.67¢ 7.33¢ 9¢ 9.25¢ 8.33¢
1906 10¢ 9¢ 9.42¢ 9.25¢ 8.33¢
1907 NR NR NR NR NR
1908 NR NR NR NR NR
1909 NR NR NR NR NR
Sugar, per pound 1905 5.43¢ 5.71¢ 5.71¢ 6.49¢ 5.93¢
1906 5.14¢ 5.50¢ 5¢ 5.85¢ 5.49¢
1907 5.43¢ 5.61¢ 5.42¢ 5.92¢ 5.88¢
1908 5.43¢ 5.88¢ 5.42¢ 6.13¢ 6.49¢
1909 5.43¢ 5.72¢ 5.50¢ 5.83¢ 6.25¢
Tea, per pound 1905 50¢ 50¢ 50¢ 60¢ 50¢
1906 50¢ 50¢ 50¢ 60¢ 50¢
1907 NR NR NR NR NR
1908 NR NR NR NR NR
1909 NR NR NR NR NR
Veal, per pound 1905 22.75¢ 15.42¢ 16.83¢ 20¢ 20¢
1906 25¢ 16.46¢ 16.83¢ 20¢ 22.92¢
1907 NR NR NR NR NR
1908 NR NR NR NR NR
1909 NR NR NR NR NR
Vinegar, per gallon 1905 25¢ 30¢ 20¢ 40¢ 50¢
1906 25¢ 30¢ 20¢ 40¢ 50¢
1907 NR NR NR NR NR
1908 NR NR NR NR NR
1909 NR NR NR NR NR
79
Food Basket, 1905-1909 THE VALUE OF A DOLLAR
80
THE VALUE OF A DOLLAR Selected Prices, 1905-1909
Alcohol
Ale Chicago Tribune Ye Olde Inn $1.50/dozen
(1905)
Beer Atlanta Constitution Bohemian; the absolute purity and healthfulness of
(1905) A. B. C. Beer makes it the safest and best for home use $1.50/12
pints
Corn Whiskey The State Amulet; five years old, copper distilled $2.65/gallon
(Columbia, SC)
(1905)
Whiskey The State Cockade Rye; 5 years old, smooth and mellow $3.15/gallon
(Columbia, SC)
(1905)
Whiskey The State Clark’s Pure Rye; 100 Proof $5.00/gallon
(Columbia, SC)
(1909)
Whiskey Atlanta Constitution H. O. Wise Pure Rye; Double copper distilled and aged $3.50/gallon
(1905)
Apparel, Children’s
Hosiery Ladies’ Home Journal Black Cat; for boys & girls; the highest
(1905) quality of yarn, the fastest of dyes $0.25/pair
Knit Waist Sears, Roebuck and E. Z. Waist; thoroughly reinforced over the shoulders
Co. Catalogue and down the back with tubular bands. For boys or
(1908) girls $0.19
Shoes New York Times Boy’s $1.75
(1905)
Suit San Francisco Ruf Wear for boys; Ruf Wear pertains to the strength
Examiner of the cloth $5.00
(1908)
Underwear New York Tribune Porosknit underwear; coolest for summer wear
(1908) Shirts $0.25
Union suit $0.50
Apparel, Men’s
Collar Century Magazine Arrow collars; most of the successful styles appear $0.15 each
(1909) first in Arrow collars
Olympic 2 3/8-inch-high
Carlton 2 1/8-inch-high
Coat New York Times Australian opossum fur automobile coats, long model
(1907) venetian yoke; regularly $50 $37.50
Coat New York Times Raccoon fur automobile coat $47.50
(1907)
Cuffs Century Magazine Arrow cuffs $0.25/pair
(1909)
Gloves New York Times Perrin; regularly $2 $1.30
(1907)
Handkerchief Chicago Tribune White linen hemstitched handkerchiefs; 1/4” to 1/2” hem $0.50
(1905)
Hat Chicago Tribune Bishop’s hat $3.00
(1905)
Hat New York Times Derby (clear nutria) $2.75
(1907)
81
Selected Prices, 1905-1909 THE VALUE OF A DOLLAR
Corset Sears, Roebuck Are you too stout? Will do what an abdominal
(1908) corset cannot; size 20–30 $2.25
size 31–36 $2.50
size 37–40 $2.75
Embroidery Waists Chicago Tribune Full blouse front with dainty tucks, form yoke effect $4.50
(1905)
Gloves Chicago Tribune Trefousse; kid gloves; regularly $1.75, sale price $1.35
(1905)
Hat San Francisco Pretty hats for Easter with ribbon $6.50
Examiner
(1908)
Hat Sears, Roebuck and A large flaring mushroom style with long
Co. Catalogue drooping back, rich in trimmings $2.38
(1908)
Kimono San Francisco Long lawn kimonos $0.59
Examiner
(1907)
Petticoat San Francisco Heather bloom petticoats $1.39
Examiner
(1907)
Petticoat The Taylor- A guaranteed quality Simon’s Regatta taffeta silk $4.95
Trotwood Magazine
(1908)
Shoes Ladies’ Home Journal American Lady; with the character of the woman $3.00
(1905)
Shoes Van Norden Magazine They keep the feet healthy, prevent their
(1907) getting damp and cold $3.00
Shoes Sears, Roebuck Made of Conora coltskin, a foot-fitting low shoe $1.39
(1908)
Skirt San Francisco Alpaca walking skirt $2.95
Examiner
(1907)
Stockings New York Times Pure French silk stockings $4.50/pair
(1909)
Stockings Ladies’ Home Journal $0.25
(1905)
Suit New York Tribune Saks and Company tailored suits of fine broadcloths
(1908) or cheviots; new hipless models, satin lined
Regularly $35, special $19.50
Suits San Francisco Charming new Pony and Eton suits $14.95
Examiner
(1907)
Appliances
Coffee Pot Century Magazine The Marion Harland coffee pot; full nickel-plated
(1909) copper cover and silver-plated strainer
2-cup size (1 pint) $1.25
4-cup size (1 quart) $1.60
8-cup size (2 quarts) $1.90
12-cup size (3 quarts) $2.20
Iron Stove The State Black $19.50
(Columbia, SC)
(1908)
Refrigerator The State Big Line Hall; saves every drop of melted ice as drinking
(Columbia, SC) water; You can buy $20 worth of furniture for
(1908) $2 cash and $0.50 per week $16.50 and up
Steel Range Sears, Roebuck Massive blue steel, six-hole range $29.27
(1908)
83
Selected Prices, 1905-1909 THE VALUE OF A DOLLAR
Baby Products
Baby Carriage Sears, Roebuck Finest grade of imported round reeds entirely woven
(1908) by hand $16.95
Baby Carriage Sears, Roebuck 16” steel wheels with 3/8” rubber $4.25
(1908)
Baby Walker Sears, Roebuck and Combination walker, table and swing on a hardwood $1.80
Co. Catalogue frame
(1908)
Cloaks Sears, Roebuck and Infants’ long cloaks in cashmere, Bedford cord and silk
Co. Catalogue Cashmere $1.95
(1908) Cashmere with silk trim $3.29
Gown Sears, Roebuck and Beautiful Jap silk set; yoke is trimmed with three
Co. Catalogue rows of lace. The underskirt is made of Jap silk
(1908) Slip and shirt set $4.25
Ring Sears, Roebuck and Baby ring, 1 ruby doublet, 2 enamel pearls, size 0 to 4 $0.65
Co. Catalogue
(1908)
Collectibles
Book New York Times First edition of Endymion (1818) by John Keats $91.00
(1907)
Glasses American Collector Rare set of eight early green wine glasses, broken
(1942) pontles, The Loft, West Chester, Pennsylvania [In 1909] $48.00
Letter New York Times By King Ferdinand and Queen Isabella signed 5 May
(1907) 1495; earliest document mentioning American Indians $85.00
Painting American Chronicle Thomas Gainsborough’s Portrait of John Revett;
(1999) sold at auction [In 1907] $40.00
Education
Home Language Century Magazine Learn Spanish, French, Italian, German; taught as if
Lessons (1909) actually in the presence of the teacher $5/language
84
THE VALUE OF A DOLLAR Selected Prices, 1905-1909
Language Classes Century Magazine Learn to speak fluently in Spanish, French, Italian
(1909) or German. Pupils taught as if actually in the presence
of the teacher. Ten-week course, per language $5.00
Preparatory School The Taylor-Trotwood Bethel Military Academy; fifty miles from Washington.
Magazine Prepares for business, universities and government
(1908) academies. Warrenton, Virginia $275
Seminary for Young Century Magazine Martha Washington Seminary; two-year course
Women (1909) for high school graduates
Per year $500
Tuition American Chronicle University of Michigan; cost per semester in 1909
(1999) $40.00
Entertainment
Concert New York Tribune Violin soloist John Spargur; Broadway Theater;
(1908) all seats reserved
Tickets $0.50
$0.75
$1.00
Horse Race The State Spring; 300 Horses from Big circuit $0.50
(Columbia, SC)
(1909)
Opera Ticket New York Times Die Meistersinger $1/$1.50/$2/$3
(1905)
Snake Fight New York Times Mr. Rattlesnake v. Mr. Kingsnake $2.00
(1907)
Theater New York Tribune Klaw and Erlanger’s Musical Comedy Little Nemo;
(1908) Wednesday matinee $1.50
Theater Ticket Chicago Tribune Klaw & Erianger Co. Production $0.75/$1/$1.50
(1905)
Theater Ticket San Francisco Novelty Theatre presents Sidewalks of New York $0.25/$0.50
Examiner
(1907)
Theater Ticket The State What Women Will Do—Friday Night; Dr. Jekyll
(Columbia, SC) and Mr. Hyde—Saturday Night $0.15/$0.25/$0.35
(1908)
Ticket New York Times The greatest girl show ever seen in New York City;
(1909) table seats $1.00
Wrestling The State Wrestling Dan McLeod v. Charles Conkle;
(Columbia, SC) Gallery $0.25
(1908) Balcony $0.50
Orchestra $0.75
Stage seats $1.00
Entertainment, Home
Camera Century Magazine Speed Kodak; fitted with the Kodak Focal Plane Shutter
(1909) having a range of automatic exposure from slow
instantaneous to 1-1000 of a second $50
Camera Sears, Roebuck Conley Long Focus; includes Conley Safety Shutter,
(1908) 4” x 5” $13.90
Camera Sears, Roebuck Improved compact; 4” x 5” size, rack and
(1908) pinion focus movement $6.95
Camera New York Times Kodak; N. 4A Speed; 4 1/4” x 6 1/2” (without lens) $50.00
(1909)
Card Game Ladies’ Home Journal A decided novelty for your friends $0.50
(1905) Gilt edged $0.75
85
Selected Prices, 1905-1909 THE VALUE OF A DOLLAR
Game Sears, Roebuck and Parchesi; the popular home game $0.65
Co. Catalogue
(1908)
Magic Lantern Sears, Roebuck Includes 12 colored slides with four pictures on $4.98 to $6.98
(1908) each slide
Playing Cards Century Magazine Bicycle $0.25
(1909)
Playing Cards Century Magazine Congress; gold edges; 90 picture backs $0.50
(1909)
Records Century Magazine New Victor Records—“Fairest of the Fair,” March,
(1909) Sousa’s Band; “Flanagan’s New Year’s Call,”
Steve Porter; “The Little Red Drum,” Whitney Brothers
Quartet—10” $0.60 each
“Pamplona Waltz,” Victor Dance Orchestra; “When I Get
Back Again to Bonnie Scotland,” Harry Lauder; “The Flag
He Loved So Well,” Nat M. Wills—12” $1 each
Records Sears, Roebuck Wax-cylinder; standard size; your own selection of $0.18
(1908) subjects
Records Century Magazine Phonograph; in a class by themselves—above price
(1909) competition;
10” $0.60
12” $1.00
Stereoscopic Views Sears, Roebuck St. Louis World’s Fair, 100 views $0.85
(1908)
Stereoscopic Views Sears, Roebuck The siege of Port Arthur; 100 views of the $0.85
(1908) Japanese-Russian War
Stereoscopic Views Sears, Roebuck 50 views of the great plant of Sears, Roebuck & Co. $0.35
(1908)
Stereoscopic Viewer Sears, Roebuck Standard $0.28
(1908) Special Aluminum $0.49
Talking Machine Chicago Tribune Wurlitzer $29.50
(1907)
Talking Machine Sears, Roebuck Oxford; cylinder talking machine $14.95
(1908)
Talking Machine Century Magazine The actual living, breathing voices of the world’s greatest $10.00
(1909) opera singers in all their power, sweetness, and purity
86
THE VALUE OF A DOLLAR Selected Prices, 1905-1909
Horse Harness Sears, Roebuck and Hercules Farm Harness; double and stitched
Co. Catalogue trace, 6 feet long, with clip cockeye riveted on.
(1908) 1 1/2 inch traces $20.99
Incubator Wood’s Special Cyphers’ Standard fireproofed incubator, 144-egg size $22.00
Poultry Supply
Catalog
T. W. Wood and Sons
Richmond, VA
(1909)
Incubator The Ladies’ Home 125-egg incubator and brooder $10.00 for both
Journal
(1911)
Insecticide The Ladies’ Home Daisy Fly Killer—attracts and kills flies. Made of
Journal metal; cannot spill or tip over
(1910) Per box $0.20
Medicine for Wood’s Special Sterling Cholera Cure is one of the best possible
Chickens Poultry Supply remedies for cholera. Cholera is the most deadly
Catalog disease affecting poultry $0.50
T. W. Wood and Sons
Richmond, VA
(1908)
Sheep Shears Sears, Roebuck and Imported English double bow sheep shears, made in
Co. Catalogue Sheffield, England
(1908) 6 1/2 inch $1.04
7 inch $1.24
Shoe Sears, Roebuck and Plow shoe; made from Milwaukee oil grain leather $1.35
Co. Catalogue
(1908)
Separator The Housewife Cream separator; most economical and most
(1903) thorough hand cream separator $48.75
Saddle Sears, Roebuck and Cheyenne Cowboy saddle; made of oiled russet
Co. Catalogue skirting leather on a 15-inch Hidalgo steel fork
(1902) rawhide covered tree $19.90
$0.20
Walking Plow Sears, Roebuck They score perfectly $8.62
(1908)
Food Products
Baking Powder New York Times $0.38/pound
(1905)
Baking Powder The State Good Luck; positively pure and has unsurpassed
(Columbia, SC) leavening qualities $0.10/pound
(1905)
Bananas Chicago Tribune $0.50 to
(1905) $1.25/bunch
Beets Chicago Tribune $2 to $3.50/bushel
(1905)
Beverages The Taylor-Trotwood Teas and coffees, the supplying of Catholic Institutions,
Magazine clergymen and large consumers a specialty. By the pound
(1908) Finest teas $0.19
$0.27
Finest coffees $0.12
$0.13
$0.18
Catsup New York Times $0.20/pint
(1905)
87
Selected Prices, 1905-1909 THE VALUE OF A DOLLAR
Cereal Ladies’ Home Journal Egg-o-See; the whole grain of the very best white
(1905) wheat; a large package $0.10
Chocolate New York Tribune Taylor-made Sorority Chocolates; a new sensation
(1908) One pound box $0.60
Chocolate Bonbons Ladies’ Home Journal Caillers $1.35/pound
(1905)
Clam Chowder Ladies’ Home Journal Scarboro Beach; appetizing, nutritious, and
(1905) absolutely pure $0.10/can
Cracker The State Uneeda Biscuit; the world’s best soda cracker;
(Columbia, SC) in dust-tight moisture proof packages $0.05
(1908)
Dressed Chicken Chicago Tribune $0.12/pound
(1905)
Eggs The State One-day old; they will cost you more than eggs
(Columbia, SC) from two weeks to two months $0.30/dozen
(1909)
Flour San Francisco $5.40 to $6/barrel
Examiner
(1908)
Flour The State Silver Leaf $2.65/98-pound
(Columbia, SC) sack
(1908)
Flour The State Piedmont $0.90/24 pounds
(Columbia, SC)
(1909)
Gelatin Ladies’ Home Journal Jell-O; six flavors $0.10/package
(1905)
Grape Juice Ladies’ Home Journal Welch’s; the food value of a grape $3.00/dozen
(1905)
Ham The State Swifts Premium $0.16/pound
(Columbia, SC)
(1909)
Ice Cream Ladies’ Home Journal Jell-O; four kinds $0.25/2 packages
(1905)
Mackerel in Tomato Sears, Roebuck $0.71/5 tins
Sauce (1908)
Oranges Chicago Tribune $1.50 to $3.75/box
(1905)
Peanuts Sears, Roebuck Garlandis; Salted peanuts, 1/2 lb can $0.21
(1908)
Potatoes San Francisco $0.40 to
Examiner $0.85/sack
(1908)
Potatoes The State New York Table $2.50/sack
(Columbia, SC)
(1908)
Prunes The State California; most wholesome food of this season; $0.10/pound
(Columbia, SC) 25 lb box
(1908)
Sardines New York Times Contains 14 fish per can $0.35/half-can
(1905)
Soft Drinks The State Bludwine; King of soft drinks $0.05/each; $1.90/
(Columbia, SC) 6 dozen
(1908)
Strawberries San Francisco $0.15/basket
Examiner
(1908)
88
THE VALUE OF A DOLLAR Selected Prices, 1905-1909
Furniture
Bed Sears, Roebuck Massive high-grade continuous post brass bed $28.85
(1908)
Bed Sears, Roebuck Iron bed has corner posts made of drawn steel tubing,
(1908) finished with white enamel only $1.89
Chair Chicago Tribune Spanish leather-bag cushion rocker $9.75
(1905)
Chair Sears, Roebuck Golden oak, upholstered seat and back, fabric-
(1908) covered leather $4.45
Chair The State Back porch rocker; Reed-seat and three-slat back $2.35
(Columbia, SC)
(1908)
Chair Sears, Roebuck and Adjustable reclining swing chair, made of oak,
Co. Catalogue figured velour cushion $6.25
(1908)
Clock Ladies’ Home Journal Grandfather; 79” high, regularly $55 $30.00
(1905) Mahogany $34.00
Clock Sears, Roebuck Mantel; case imitates black Italian marble and
(1908) Mexican onyx $5.05
Clock Sears, Roebuck Empress design veneered with highly figured quarter-
(1908) sawed oak; 78” long x 30” wide $12.15
Desk New York Tribune 60-inch Sanitary Rolltop Desk $37.50
(1908)
Dining Table New York Times Golden oak, round, pedestal base $11.25
(1907)
Hall Mirror and San Francisco Hall mirrors $3.00
Hall Seat Examiner Hall seats $10.00
(1908)
Rug Chicago Tribune Oriental; 9.5’ x 13.7’, regularly $315 $235
(1905)
89
Selected Prices, 1905-1909 THE VALUE OF A DOLLAR
Flower Bupounds Childs’ Fall Catalogue Darwin tulips; produce only solid self colors
of Bupounds and and bloom early in May $0.50 per dozen
Plants that Bloom
John Lewis Childs
Floral Park, NY
(1908)
Lawn Mower The State Panama; self-sharpening; 14” cut $6.50
(Columbia, SC) 16” cut $7.50
(1909)
Roses Ladies’ Home Journal Blooming size plants $1/24 plants
(1905)
Seeds Ladies’ Home Journal Giant sweet peas $0.10/5 packages
(1905)
Tree Protectors Forestry and Do not wait until rabbits and mice ruin your trees $0.75/100
Irrigation
(1905)
Hotel Rates
Hotel Room Century Magazine The Jefferson Hotel; the most magnificent hotel
(1909) in the South. Rooms single and en suite, with
and without bath. Richmond, Virginia $1.50 per day
Hotel Room Atlanta Constitution Hotel Earlington; rooms with detached bar $1.00/day
(1905)
Hotel Room Chicago Tribune Hotel Johnson; 336 Dearborn, furnished
(1905) with bath and gas $2.00/week
Hotel Room Chicago Tribune The Plaza; the world’s most luxurious hotel $2.50/day
(1905) With bath $4 to $6/day
With parlor, bedroom, and bath $12 to $20/day
Hotel Room Van Norden Lenox Hotel; our rapid electric carriages
Magazine Exclusively for patrons $1.50/day
(1907)
Hotel Room New York Times Jefferson Hotel, Richmond, Virginia; most magnificent
(1909) hotel in the South $1.50/day
Household Goods
Blanket New York Times $3.25
(1905)
Blanket Ladies’ Home Journal Suffolk Sanitary Fleece; superior to woolen blankets $1.50/pair
(1905)
Bowl Ladies’ Home Journal Cut-glass fruit or berry bowl; 7” bowl $3.00
(1906)
Bread Maker Ladies’ Home Journal Universal; mixes and kneads bread thoroughly
(1905) in three minutes; four-loaf capacity, large family size $3.25
Carriage Bag New York Times Walrus; vienna covered frame 6”, 7”, 8” and 9”
(1905) in tan, brown, and black; value $4 $1.95
Cleaner Ladies’ Home Journal Old Dutch; a natural product, cleanest and cheapest
(1906) agent that ever blessed the housewife; large cans with $0.10
sifting top
Coffee Pot Century Magazine Marion Harland; full nickel-plated copper
(1909) cover and silver-plated strainer;
One pint size $1.25
Three quarts $2.20
Curtains Ladies’ Home Journal Lace; Point De Luxe, Motifany, Queen Anne
(1905) made on real babbinet $2.00/pair
Draperies Chicago Tribune Cotton; artistically hand-painted cretonnes $0.13/yd
(1905)
90
THE VALUE OF A DOLLAR Selected Prices, 1905-1909
House Paint Sears, Roebuck Ready mixed paint ($9.10 for two-story wood $0.98/gallon
(1908) frame house)
Liquid Glaze Ladies’ Home Journal Varno; revives all varnished surfaces $0.30/5-ounce can
(1905)
Matches Sears, Roebuck Red Brand $0.58/12,000
(1908)
Mattress Ladies’ Home Journal Ostermoor; 6’ 3” long, 3’ 6” wide; pure, elastic hand-laid, $11.70
(1905) sheeted mattress not dangerous animal fibre, 4’ 6” wide $15.00
Pesticide Ladies’ Home Journal Rough on Rats; Why feed rats? Rough on Rats $0.15
(1905) kills them
Plumbing Century Magazine Mott’s; Imperial solid porcelain $85 to $300
(1909)
Silver Polish Century Magazine Electro; silicon; does not scratch or wear $0.15/jar
(1909)
Soap Ladies’ Home Journal Palmolive; more than ordinary soap $0.10
(1905)
Stove Polish Ladies’ Home Journal Black Satin in Can; the perfect stove polish $0.25/can
(1905)
Suitcase Atlanta Constitution $4 leather suitcase $3.00
(1905)
Tablecloth New York Times Irish Satin Damask; 2 yds x 3 yds $3.00
(1905)
Tableware Sears, Roebuck 28 pieces, solid Alaska metal, 6 dinner forks,
(1908) dinner knives, full-size tablespoons and teaspoons,
1 butter knife, sugar shell and salt and pepper $4.66
Tooth Cleanser Ladies’ Home Journal Rubifoam; for a well-kept mouth $0.25/tube
(1906)
Towels New York Times 250 dozen spoke, hemstitched, huckaback $3.00/dozen
(1905)
Trunk Sears, Roebuck 32” x 21” x 23 1/2” $6.88
(1908)
Varnish Sears, Roebuck Fine carriage varnishes 4/$0.05/ pint
(1908) $1.60/ 1/2 gal
Water Softener The State Lavadura; it softens the water and makes easy work
(Columbia, SC) of washing the clothes $0.05 to
(1909) $0.10/pack
Insurance Rates
Fire Insurance Insurance Policy $500 fire coverage for two-story wood frame building
(1908) in Columbia, SC $4.50
Life Insurance Century Magazine Whole life plan (at age 30 equals $50 monthly
(1909) for 20 years) $167.35
Jewelry
Bracelet Sears, Roebuck and Oval tubing, gold filled, bright polish, patent
Co. Catalogue pull-out spring bracelet $3.82
(1908)
Cuff Links The State Solid gold cuff; several patterns to select from;
(Columbia, SC) regularly $3 $2.00
(1908)
Watch Sears, Roebuck Pocket watch; 7-jewel, nickel plate, size 16 $2.76
(1908)
Watch Sears, Roebuck Elgin; pocket watch; 15-jewel; size 16 $8.15
(1908)
Watch Sears, Roebuck Pocket watch; 21-jewel, solid 14K gold, size 16 $32.50
(1908)
91
Selected Prices, 1905-1909 THE VALUE OF A DOLLAR
92
THE VALUE OF A DOLLAR Selected Prices, 1905-1909
Automobile Cycle and Automobile Zent High-grade Car; the simplest car on earth;
Trade Journal has ample power, the 3-cylinder engine developing
(1905) full 18 hp and over; price for the present $1,350
Automobile New York Times Rambler Model 44; 34 hp, seven passengers $2,250
(1909)
Automobile Seat Sears, Roebuck Two-seat surrey with extension top $77.45
(1908)
Boat Steering Gears Cycle and Edson; the side steering quadrant will come as a valued
Automobile Trade aid to the man who wishes to steer his own boat and to
Journal run the engine as well $8.00
(1905)
Carburetor Cycle and Schebler; the heart of the automobile; cost saved
Automobile Trade through reduced gasoline bills in a few weeks $18.00
Journal
(1905)
Jack Cycle and Kenosha; durable handsomely finished and carefully made
Automobile Trade in our own factory; everything for the man with the car $4.00
Journal
(1905)
Marine Motor Cycle and Clifton; 1-cylinder; one of the improvements is
Automobile Trade the use of the jump spark system of ignition $600
Journal
(1905)
Marine Motor Cycle and Lawrence; 2-cycle 12 hp; weighs 600 pounds,
Automobile Trade runs 450 r.p.m. $850
Journal
(1905)
Motor Oil Cycle and Ideal; for automobile and marine engines;
Automobile Trade pure hydrocarbon high fire test, low cold test; no gum,
Journal no carbon $0.60/gallon
(1905)
Motorboat Cycle and 18-ft. launch, driven by DuBrie’s 2 hp motor, regular
Automobile Trade speed 8 miles per hour, gasoline consumption about
Journal two gallons in 10 hours running; seats 8 $175
(1905)
Motorcycle Popular Mechanics Curtis; 7 hp double cylinder $275
Picture History of
American Travel
(1909)
Road Wagon Sears, Roebuck Blue Ribbon Runabouts $32.15 to $34.15
(1908)
Musical Instruments
Piano New York Times Kimbrall; New $450
(1905) Used $200
Piano Sears, Roebuck Special concert grand piano $195
(1908)
Piano Century Magazine Steinway; miniature grand ebonized case $800
(1909)
Violin Sears, Roebuck Pisani; Stradivarius model $45.00
(1908)
Violin New York Times Student $15.00
(1909) Regular $100
Other
College Poster Forestry and Irrigation In the colors of the college they represent (14” x 22”) $25.00
(1905)
Fountain Pen Forestry and Irrigation Pocket companion; regularly $3, reduced $1.00
(1905)
93
Selected Prices, 1905-1909 THE VALUE OF A DOLLAR
Publications
Book Century Magazine The World I Live In by Helen Keller, an
(1909) autobiographical record $1.20
Book Century Magazine The Trail of the Lonesome Pine; by John Fox Jr., $1.50
(1909) illustrated
94
THE VALUE OF A DOLLAR Selected Prices, 1905-1909
Magazine Century Magazine St. Nicholas Magazine; St. Nicholas is not only a joy
(1909) to the children for whom it is primarily intended, but
has also an unfading attraction for the older folk
12 Issues, One-year subscription $3.00
Magazine Century Magazine The American Magazine; January issue contains
(1909) a new story by David Grayson
One-year subscription $1.00
Magazine Forestry and Scientific American; anyone sending a sketch and a
Irrigation description may quickly ascertain our opinion on
(1905) whether an invention is probably patentable $3.00/year
Magazine Van Norden Magazine The Financial Forum $1.00/year
(1907)
Magazine Century Magazine St. Nicholas Magazine; monthly for children $3.00/year
(1909)
Newspaper New York Times New York Times, daily issue $0.01
(1905)
Real Estate
Apartment New York Tribune Hoffman Arms Apartments from 5 to 20 rooms with
(1908) kitchen or restaurant service; 59th St. and Madison Ave.
Rent per year $1,200 to $4,000
Apartment San Francisco For rent; furnished apartments, gas ranges, sinks, $17.50/month
Examiner closets
(1908)
Apartment Building New York Times For sale; Central Park view apartment house, Central Park
(1907) West and Eighty-sixth Street, New York City; 100’ x 150’
plot, 12-story building, 47 apartments $1,200,000
Farm Atlanta Constitution 124 acres 16 miles from Atlanta, 1 mile from R. R., heavily
(1905) timbered, enough timber to pay for place twice $20.00/acre
House New York Tribune Three-story brick dwelling in Flushing, New York;
(1908) 8 acres, 17 rooms, two bathrooms, large kitchen and
laundry in basement $75,000
House Atlanta Constitution 10-room home near Peachtree $4,500
(1905)
House Ladies’ Home Journal Three-room house (Carpentry and hardware $675,
(1905) masonry $125, plumbing $125, painting $75) $1,000
House The State One eight-room dwelling on East Gervais Street,
(Columbia, SC) delightful neighborhood $5,500
(1905)
House Atlanta Constitution For rent; 7-rooms; equipped with furnace heat, gas and
(1905) electric lights and all conveniences $35.00/month
House Atlanta Constitution Lee Street Cottage; $200 cash, balance $15 per month $1,500
(1905)
House The State For rent; 7 rooms $19.00/month
(Columbia, SC)
(1908)
House The State For rent; 7-room house, bath both floors, Columbia, SC $35/month
(Columbia, SC)
(1908)
House Sears, Roebuck Plows, all materials for two-story, six-room house $725
(1908)
Land Chicago Tribune Kansas Wheat $6 to $12/acre
(1905)
Land Chicago Tribune Colorado and Nebraska ranch land
(1905) (payment one-tenth in cash) $1.75 to $4/acre
Lot Atlanta Constitution 50 x 250 lot; This is the place to save your money and
(1905) we can make you $100 profit on each lot by spring $250
95
Selected Prices, 1905-1909 THE VALUE OF A DOLLAR
96
THE VALUE OF A DOLLAR Selected Prices, 1905-1909
Tobacco Products
Cigar New York Times $0.05
(1905)
Cigarettes Century Magazine Nestor Cigarettes; if you must have the very best,
(1909) smoke Nestor’s and ignore the rest
Nestor Green Label $0.25
Imported $0.40
Royal Nestor $0.15
Cigarettes Century Magazine Nestor Cigarettes; if you must have the very best and
(1909) ignore the rest, pack of 10, Blue Label $0.15/pack
Green Label $0.25/pack
Imported $0.40/pack
Cigarettes New York Times $0.15/ten
(1907)
Cigarettes The State Piedmont; famous for the quality of fine old tobacco;
(Columbia, SC) packaged in tin foil $0.05/ten
(1908)
Cigars Sears, Roebuck Perfectos; box of 50 $1.20/box
(1908)
Toys
Doll Sears, Roebuck and Full jointed papier maché doll; natural appearance
Co. Catalogue and beautifully proportioned
(1908) 19” $1.19
24” $2.88
30” $4.89
Teddy Bears Sears, Roebuck and Teddy bears; the best plaything ever invested, not a fad
Co. Catalogue or campaign article
(1908) 10” high $0.75
12” high $1.19
14” high $1.75
16” high $2.38
Wondergraph Sears, Roebuck and Wondergraph; makes, as if by magic, beautiful designs
Co. Catalogue no artist can draw; a child can operate $0.95
(1908)
97
Selected Prices, 1905-1909 THE VALUE OF A DOLLAR
98
THE VALUE OF A DOLLAR Miscellany, 1905-1909
MISCELLANY 1905-1909
Auction Results Player Sold to Atlanta
Several rarities were included in a three day Jackson fans did not relish the parting with
book sale which ended at the Merwin-Clayton their star pitcher, Arthur Raymond, and some
rooms, in Eastern Twentieth Street yesterday. A harsh things were said of the management for
first edition of “England’s Parnassus,” by Robert selling him to Atlanta.
Allot, the earliest poetical anthology of English The Jackson News said of Raymond: “The
literature, fetched $120. A first edition of Thomas regret over Raymond’s departure was not one-
Bancroft’s “Two Books of Epigrammes” sold for sided. The big fellow was all broken up over the
$125. transaction, notwithstanding the fact that it gives
A letter of Ferdinand and Isabella of Spain, him a salary of $200 per month with a mighty
Madrid, May 5, 1495, sold for $85. The first edi- good chance of being in the American or National
tion of John Gay’s “Fables” brought $80. The League next season.”
Grolier Club’s “Rubaiyat of Omar Khayyam,” Atlanta Constitution, August 1, 1905
fetched $148. First editions of “Endymion” and
“Lamia” by John Keats, sold respectively for $91 Expansion or Inflation
and $101. The letter of Ferdinand and Isabella is The National Bank Loans for the country
said to be the earliest original document extant increased $395,000,000 during 1906, this increase
in America mentioning the American Indians. being almost entirely outside of New York City. A
New York Times, March 1, 1905 conservative banker from Dakota stated recently
that his deposits had decreased because he could
Convenient Schedules via Western and not bring himself to compete with his neighbors.
Atlantic Railroad Eighteen months ago, farms about his town were
From Atlanta to the following points and return selling at $5 to $10 per acre. Now they are held at
at the rates named: $125. He loaned only on the old valuation, while oth-
Lookout Mountain, Tenn. $4.10 ers willing to advance more secured the business.
Dalton, Ga. $3.00 Van Norden Magazine, April 1907
Monteagle, Tenn. $6.55
Atlanta Constitution, July 1905 Investor Buys $1,250,000 Apartment
House on Central Park West
Steam Rate War Ended John H. Berry has sold the Monticello Realty
The Allen and Donaldson Steamship Lines, after Company to David H. Taylor for investment, the
a month of rate cutting, came to terms today with Central Park View apartment house, at the south-
regard to second and third class trans-atlantic west corner at Central Park West and Eighty-sixth
passenger tickets. The second class rate was Street, a twelve-story structure containing forty-
restored to $35, and the third class to $25. seven apartments, on a plot 100 by 150. The price
Atlanta Constitution, August 1, 1905 is reported to have been $1,250,000.
New York Times, March 1, 1907
Wanted to Chop Their Salaries
Somewhat of a stir was created in the House $439,370 for Paintings
yesterday when the general appropriations bill There was a large crowd at Christie’s to-day to
was under discussion by an amendment offered witness the dispersal of Sir Cuthbert Quilter’s
by Mr. Knight of Berrian, proposing to reduce the famous collection of paintings. Turner’s “Venus
salaries of the members of the railroad commis- and Adonis” brought only $20,000. This was far
sion from $2,500 to $1,000 each. below anticipations, but was considerably above
Mr. Knight said $1,000 was all the railroad com- the price paid for the same canvas in 1885, when
missioners were worth, considering the service it sold for $9,250. In 1830 it brought only $215.
they rendered the state. Ramney’s “Portrait of Mrs. Jordan” for which
Atlanta Constitution, August 1, 1905 Quilter had refused $80,000, brought only $24,000.
New York Times, July 25, 1909
99
Historical Snapshot, 1910-1914 THE VALUE OF A DOLLAR
HISTORICAL SNAPSHOT
1910-1914
1910 First Indianapolis 500-mile race is 1913
Western Union abolishes the 40¢ won by a Marmon Wasp averaging Brillo Manufacturing Corp. founded
to 50¢ charge for placing telegraph 75 miles per hour Camel cigarettes introduced by
messages by telephone Carnegie Corporation of New York R. J. Reynolds, creating the first
Women’s Wear Daily begins publi- created through $125 million gift modern blended cigarette
cation in New York from Andrew Carnegie to encour- 60-story Woolworth building
age education
U. S. cigarette sales reach 8.6 bil- opens in New York
lion cigarettes, with 62 percent Direct telephone link opens Congress strengthens the Pure
controlled by the American between New York and Denver
Food and Drug Law of 1906
Tobacco Trust New York’s Ellis Island has a record Peppermint Life Savers introduced
Florida orange shipments rebound one-day influx of 11,745 immigrants
as a summer seller when choco-
to 1894 level late sales are reduced
70 percent of bread is baked at 1912
home, down from 80 percent in Congress extends the 8-hour day 1914
1890 to all federal employees World War I begins in Europe
Flexner Report shows most North Ford produces more than 22 per- Henry Ford offers workers a mini-
American medical schools are infe- cent of all U. S. motorcars
mum wage of $5 a day
rior to those in Europe L. L. Bean, Inc., is founded by mer- Panama Canal opens to traffic,
chant Leon Leonwood Bean
linking Atlantic and Pacific across
1911 SS Titanic sinks during maiden 50 miles of land
California women gain suffrage by voyage Cleveland installs red and green
constitutional amendment Oreo biscuits introduced by lights to control traffic
F. W. Woolworth Co. is incorpo- National Biscuit Company to com- Gulf Oil distributes the first U. S.
rated pete with “biscuit bon bons”
automobile maps
Electric self-starter for motorcar Merger of U. S. film producers cre- Consumers eat 5 pounds of butter
perfected and immediately ates Universal Pictures Corp.
for every pound of margarine
adopted by Cadillac A&P begins rapid expansion based Mary Phelps Jacob patents elastic
Chevrolet Motor Co. founded by on economy stores that operate
brassiere, destined to replace
race car driver Louis Chevrolet on cash and carry basis
corset
100
THE VALUE OF A DOLLAR Selected Income, 1910-1914
Accountant New York Times Bookkeeper; books opened, audited, system installed;
(1911) firm not employing bookkeepers $2.50/wk
Actress American Chronicle Mary Pickford’s annual salary, following the release
(1999) of the movie Tess of the Storm Country in 1914 $104,000
Address Collection Atlanta Constitution Men/Women, to collect all kinds of names and addresses;
(1914) no canvassing $25/week
Autoworker Atlanta Constitution Colored men taught to build automobiles $100–$500/mo
(1913)
Barber The New Orleans Good barber for Saturday and Sunday; wage
Picayune guaranteed $4
(1912)
Ballroom Dancers Tomkins, ed., Nightly fee for Vernon and Irene Castle in 1913 $1,000
American Decades:
1910-1919
(1996)
Baseball Player Tomkins, ed., Annual salary and bonus of Washington Senator pitcher
American Decades: Walter Johnson in 1914 $26,000
1910-1919
(1996)
Baseball Player Tomkins, ed., Average salary of a professional baseball player in 1910 $3,000
American Decades:
1910-1919
(1996)
Baseball Player Tomkins, ed., Annual salary of Detroit Tigers’ Ty Cobb in 1910 $9,000
American Decades:
1910-1919
(1996)
Bookkepper San Francisco Complete charge of office and finance $125/mo
Examiner
(1913)
Bookkeeper New York Times Situation Wanted: Practical accountant 14 years’ experience
(1914) modern methods, systematizer, seeks responsible
position $25/wk
Broadway George Cohan: Annual income of George Cohen for Broadway $1.5 million
Productions Prince of the productions
American Theater
(1943)
Businessman American Chronicle Annual salary of business executive William Gillette
(1999) in 1912 $300,000
Carpenter San Francisco House carpenter, work on ranch $3.25/day
Examiner
(1913)
Clerk New York Times Bright office boy about 16; one living within walking
(1912) distance of Madison Square preferred $5/wk
Cook San Francisco A man cook for hotel, country town $50/mo
Examiner
(1913)
Delivery Man Atlanta Constitution Colored hustler in each locality; just spare time;
(1913) experience unnecessary $100/mo
Detective Atlanta Constitution Be a detective; travel over the world $150–$300/mo
(1913)
101
Selected Income, 1910-1914 THE VALUE OF A DOLLAR
102
THE VALUE OF A DOLLAR Consumer Expenditures, 1910-1914
INVESTMENTS 1910-1914
Investment 1910 1911 1912 1913 1914
Basic Yield, One-year Corporate Bonds 4.25 4.09 4.04 4.74 4.64
Short-term Interest Rates, 4–6 Months, Prime
Commercial Paper 5.72 4.75 5.41 6.20 5.47
Basic Yield, Common Stocks, Total 4.84 4.92 4.85 5.37 5.01
Index of Common Stocks (1941⫺1943⫽10) 9.35 9.24 9.53 8.51 8.08
COMMON STOCKS, CLOSING PRICE AND YIELD, FIRST BUSINESS DAY OF YEAR
103
Standard Jobs, 1910-1914 THE VALUE OF A DOLLAR
Average of All Industries, excl. farm labor $630/yr $629/yr $646/yr $675/yr $682/yr
Average of All Industries, incl. farm labor $574/yr $575/yr $592/yr $621/yr $627/yr
Bituminous Coal Mining 30¢/hr 31¢/hr 32¢/hr 32¢/hr 32¢/hr
Avg hrs/wk 51.60 51.60 51.60 51.60 51.60
Building Trades, Union Workers 52¢/hr 53¢/hr 54¢/hr 56¢/hr 57¢/hr
Avg hrs/wk 45.20 45 45 44.90 44.70
Clerical Workers in Mfg. & Steam RR $1156/yr $1213/yr $1209/yr $1236/yr $1257/yr
Domestics $337/yr $343/yr $350/yr $357/yr $355/yr
Farm Labor $336/yr $338/yr $348/yr $360/yr $351/yr
Federal Civilian $1096/yr $1133/yr $1140/yr $1169/yr $1197/yr
Federal Employees, Executive Depts. $1108/yr $1116/yr $1128/yr $1136/yr $1140/yr
Finance, Insurance & Real Estate $1301/yr $1355/yr $1338/yr $1349/yr $1368/yr
Gas & Electricity Workers $622/yr $648/yr $641/yr $661/yr $651/yr
Lower-Skilled Labor $506/yr $496/yr $521/yr $536/yr $492/yr
Manufacturing, Payroll 19¢/hr 19¢/hr 20¢/hr 21¢/hr 21¢/hr
Avg hrs/wk 59.80 59.60 59.30 58.80 58.30
Manufacturing, Union Workers 40¢/hr 41¢/hr 42¢/hr 43¢/hr 44¢/hr
Avg hrs/wk 50.10 49.80 49.50 49.20 48.80
Medical/Health Services Workers $338/yr $352/yr $352/yr $357/yr $366/yr
Ministers $856/yr $802/yr $879/yr $899/yr $938/yr
Nonprofit Org. Workers $715/yr $763/yr $784/yr $802/yr $837/yr
Postal Employees 42¢/hr 43¢/hr 44¢/hr 45¢/hr 46¢/hr
Avg hrs/wk 48.00 48.00 48.00 48.00 48.00
Public School Teachers $492/yr $509/yr $529/yr $547/yr $564/yr
State and Local Govt. Workers $699/yr $712/yr $724/yr $779/yr $788/yr
Steam Railroads, Wage Earners $677/yr $705/yr $721/yr $760/yr $795/yr
Street Railway Workers $681/yr $685/yr $674/yr $704/yr $737/yr
Telegraph Ind. Workers $649/yr $670/yr $669/yr $717/yr $742/yr
Telephone Ind. Workers $417/yr $419/yr $438/yr $438/yr $476/yr
Wholesale and Retail Trade Workers $630/yr $666/yr $666/yr $685/yr $706/yr
104
THE VALUE OF A DOLLAR Food Basket, 1910-1914
Beef, Rib Roasts, per pound 1910 19.33¢ 20¢ 17.50¢ 18.33¢ 20¢
1911 19.83¢ 20¢ 19.33¢ 18.96¢ 20¢
1912 NR NR NR NR NR
1913 NR NR NR NR NR
1914 NR NR NR NR NR
Beef Steaks, (Round), per pound 1910 20¢ 20¢ 20¢ 15.83¢ 15¢
1911 20¢ 20¢ 16.33¢ 20¢ 20¢
1912 25¢ 20¢ 22¢ 25¢ 20¢
1913 25¢ 21.10¢ 20.20¢ 20.90¢ 20.80¢
1914 26.30¢ 22.20¢ 22.40¢ 21.70¢ 21.20¢
Bread, Wheat, per loaf 1910 NR NR NR NR NR
1911 NR NR NR NR NR
1912 5¢ 5¢ 5¢ 5¢ 10¢
1913 6.10¢ 5.90¢ 6.10¢ 5.40¢ 6.10¢
1914 6.20¢ 5.90¢ 6.10¢ 5.50¢ 6.20¢
Butter, per pound 1910 39¢ 38.33¢ 36¢ 36.67¢ 40¢
1911 35.17¢ 37.50¢ 32.17¢ 33.75¢ 36.25¢
1912 43¢ 37.50¢ 40¢ 40¢ 45¢
1913 38.20¢ 39.90¢ 36.20¢ 37.30¢ 39.60¢
1914 36.20¢ 37.40¢ 33.30¢ 34¢ 35.80¢
Cheese, per pound 1910 NR NR NR NR NR
1911 NR NR NR NR NR
1912 NR NR NR NR NR
1913 19.70¢ 25¢ 25.20¢ 26.10¢ 19.50¢
1914 19.90¢ 25¢ 25.20¢ 26.10¢ 20¢
Chickens, per pound 1910 18.67¢ 21.67¢ 19.83¢ 21.33¢ 25¢
1911 19.58¢ 22.92¢ 17.50¢ 17.96¢ 25¢
1912 20¢ 20¢ 17¢ 20¢ 20¢
1913 21.40¢ 20.20¢ 19.30¢ 20.30¢ 26.60¢
1914 21.80¢ 21.40¢ 19.60¢ 20.50¢ 27.10¢
Coffee, per pound 1910 NR NR NR NR NR
1911 NR NR NR NR NR
1912 NR NR NR NR NR
1913 27.40¢ 32¢ 30.50¢ 29.40¢ 36.30¢
1914 26.30¢ 32.80¢ 30¢ 29.40¢ 36.30¢
Cornmeal, per pound 1910 3¢ 2.78¢ 3¢ 2.75¢ 3¢
1911 3¢ 2.68 3¢ 2.58¢ 2.67¢
1912 3¢ 2.50¢ 3¢ 2.78¢ 3.50¢
1913 3.40¢ 2.50¢ 2.90¢ 2.50¢ 3.33¢
1914 3.50¢ 2.80¢ 2.80¢ 2.60¢ 3.60¢
Eggs, per dozen 1910 36.33¢ 31.67¢ 30.17¢ 28.33¢ 30.69¢
1911 34.92¢ 26.88¢ 27.25¢ 32.08¢ 33.75¢
1912 35¢ 40¢ 26¢ 30¢ 45¢
1913 40.30¢ 29.20¢ 29.20¢ 32¢ 38.33¢
1914 41.30¢ 31.10¢ 29.80¢ 32¢ 39.20¢
Flour, Wheat, per one-eighth-barrel bag 1910 90¢ 90¢ 77.50¢ 71.50¢ 91.67¢
1911 90¢ 90¢ 81.67¢ 65.84¢ 85¢
1912 84¢ 90¢ 70¢ 65¢ 85¢
1913 3.20¢ 3.60¢ 2.80¢ 2.60¢ 3.50¢ (per lb)
1914 3.40¢ 3.50¢ 3.10¢ 2.70¢ 3.70¢ (per lb)
Ham, Smoked, Sliced, per pound 1910 26¢ 27.83¢ 24¢ 33.33¢ 35¢
1911 25.33¢ 28.75¢ 24¢ 33.75¢ 35¢
1912 28¢ 30¢ 30¢ 25¢ 35¢
1913 29¢ 29.80¢ 31.80¢ 30.20¢ 35.30¢
1914 30.20¢ 30.30¢ 32.60¢ 30.60¢ 35.60¢
105
Food Basket, 1910-1914 THE VALUE OF A DOLLAR
106
THE VALUE OF A DOLLAR Selected Prices, 1910-1914
Alcohol
Whiskey The New Orleans Hayner Bottled-in-Bond Whiskey; per quart $0.80
Daily Picayune (1912)
Whiskey New Orleans Daily Duffy’s Pure Malt; it corrects the defective digestion
Picayune of the food, increases the appetite, strengthens the
(1910) heart $1.00/bottle
Apparel, Children’s
Army Uniform Sears, Roebuck Boy’s; the regular army play suit of olive-
(1912) colored khaki drill $1.50
Baby Wear New York Times Abraham and Straus; lawn dress $0.98
(1910)
Dress Sears, Roebuck Girl’s shepherd check; cut in one-piece sailor style
(1913) with sailor collar $1.65
Fabric The Ladies’ Home All wool dress serge. Dressmakers’ width for family
Journal use
(1911) Per yard $0.75
Hat Sears, Roebuck Washable; the entire brim of this hat is of fluted mall,
(1910) with full double ruffle on edge $0.44
Hose The Ladies’ Home Black Cat Hosiery—a beautiful, fine mercerized hose
Journal Girls, per pair $0.35
(1911)
Hose Support Ladies’ Home Journal Wilson; children can’t stand restraining clothing;
(1911) that’s why their garters are important for comfort $0.25
Infant’s Pants Ladies’ Home Journal OMO; a dainty, comfortable garment that will keep
(1911) baby’s clothes dry and clean $0.25
Knee Pants John M. Smyth Boys; these pants are actually worth 75¢—$1.25 per pair $0.45
Company
(1911)
Knitted Legging Sears, Roebuck Drawstring at waist $0.19
Drawers (1913)
Long Cambric Slip Sears, Roebuck Infant’s; trimmed with lace edge on neck and sleeves $0.09
(1913)
Night Gown The New Orleans Soft, fleecy flannelette nightgown $0.22
Daily Picayune
(1912)
Overall Suit Sears, Roebuck Rip-Proof; neat gray-stripe denim $1.40
(1912)
Overcoat Sears, Roebuck Ucanttear; of strong wool and cotton fabric $1.75
(1912)
Stockings Sears, Roebuck Girl’s tearproof; elastic ribbed black cotton stockings $0.19
(1913)
Sweater The New Orleans All-wool sweaters, sizes 20 to 34 $0.50
Daily Picayune
(1912)
Apparel, Men’s
Automobile Duster John M. Smyth Man’s fancy; made from fancy herring-bone
Company striped natural linen $1.95
(1911)
Boots The New Orleans Dull Calf Blucher boots; heavy, double sole;
Daily Picayune splendid shoes for businessmen $2.45
(1912)
107
Selected Prices, 1910-1914 THE VALUE OF A DOLLAR
Coat John M. Smyth Alpaca; the ideal hot weather coat $1.95
Company
(1911)
Coat John M. Smyth English slip-on motor coat; made from fine imported
Company English Roseberry cloth $10.98
(1911)
Coat John M. Smyth Storm King Mackintosh; single-breasted with fly front
Company wide black velvet collars, fancy woven plaid lining $3.98
(1911)
Coat John M. Smyth Ministerial coat; made from black Drap D’Ete cloth $5.00
Company
(1911)
Coat John M. Smyth Presto Model Cravenette Raincoat; fine black $16.50
Company broadcloth
(1911)
Coat Sears, Roebuck Sheepskin-lined corduroy; with sheepskin collars $4.95
(1912)
Coat Sears, Roebuck Waterproof brown duck; made from 8-ounce duck with
(1912) heavy fancy blanket lining and oiled slicker cloth $2.10
Coat Sears, Roebuck Sweater coat; in popular zig-zag style $2.48
(1913)
Collars Sears, Roebuck Low style, lots of tie space $0.59/6
(1913)
Hat Sears, Roebuck Cornwell; Lennox Jr. style black or nutria tan $2.00
(1913)
Overcoat New York Times Hart, Schaffner and Marx; large size 40–52 $12.50
(1910)
Overcoat John M. Smyth Grey vicuna cloth; full silk lined $18.00
Company
(1911)
Pajamas Sears, Roebuck Quality madras trimmed with frog fasteners and large
(1913) pearl buttons $1.45
Scarf Sears, Roebuck Shetland wool motor scarf; veil in medium size mesh
(1913) with face-knitted border; size about 20 x 54 $1.05
Suit John M. Smyth Glory B; satin-lined blue serge; the most wonderful suit
Company of the century $7.98
(1911)
Suit John M. Smyth Smyth Made Model 86; three piece, fancy, olive, striped,
Company worsted; a tasteful, elegant, and dressy pattern $7.98
(1911)
Suit John M. Smyth Young man’s biplane model; navy blue serge three piece $7.98
Company
(1911)
Support Hose Sears, Roebuck Elastic; exceptionally good value at $0.25 a pair $0.12/pair
(1913)
Trousers John M. Smyth Smyth Made Model K; novelty smoke-gray fancy striped
Company worsted trousers $3.00
(1911)
Trousers John M. Smyth U.S.A. Khaki; more popular this season than ever before $0.98
Company(1911)
Trousers John M. Smyth College style, peg top; made from extra-fine all-wool
Company fancy cassimere $3.50
(1911)
Umbrella Sears, Roebuck Genuine paragon steel frames with mixed silk taffeta cover
(1913) cover and selected boxwood handle $2.25
Undershirt Sears, Roebuck Winter fleeced; extra heavy flat-knit cotton $0.44
(1913)
108
THE VALUE OF A DOLLAR Selected Prices, 1910-1914
Vest John M. Smyth Men’s fancy vest; every man should have one or two
Company fancyvests in his wardrobe $1.48
(1911)
Work Shirt Sears, Roebuck Khaki tan; double-yoke shoulders $0.45
(1913)
Apparel, Women’s
Blouse Sears, Roebuck Sweater blouse; has high fitting turndown collar $1.19
(1913)
Coat Sears, Roebuck Furlike; black boucle cloth coat (imitation Persian lamb) $13.95
(1913)
Coat Sears, Roebuck Misses winter weight; heavy gray cloth coat, double texture
(1913) plaid trimmed $8.95
Corset Sears, Roebuck Long hip style; our Frances model gives the straight slender
(1910) effect which is so much desired $1.38
Corset Ladies’ Home Journal W. B. Nuform; for average or full figures; low bust and low
(1911) under arms $2.00
Corset Ladies’ Home Journal W. B. Reduso; for average large figures; medium high bust,
(1911) long over hips and abdomen $3.00
Corset The Ladies’ Home Nuform, Style 101—for average figures. Medium
Journal high bust, long over hips and back $1.50
(1911)
Dress New Orleans Daily Silk; Pongees, in natural color and light summery shades $10.95
Picayune
(1910)
Dress Sears, Roebuck Misses lace-trimmed mohair; looks worth fully twice the
(1913) price we ask $5.15
Furs The New Orleans Exclusive Shop; Eastern mink set, regularly $300;
Daily Picayune on sale $270
(1912)
Gloves Sears, Roebuck Gauntlet $0.06
(1910)
Gloves Ladies’ Home Journal Fownes; silk; it’s a Fownes—that’s all you need to know
(1911) about a glove $0.50
Gloves The State Open at wrist 2-clasp, elegant quality pure silk, 16-button
(Columbia, SC) length $0.69
(1911)
Gloves Sears, Roebuck Lined fabric; imported black cashmerette gloves $0.23
(1913)
Hair Net Ladies’ Home Journal Con-tour; very convenient and stylish; a favorite with
(1911) fashionable ladies everywhere $0.15
Handkerchief Sears, Roebuck White Swiss embroidered scalloped handkerchiefs $0.14
(1910)
Hat New York Times Poke bonnet; made of fancy black braid, trimmed with
(1910) cluster of royal and pink roses, and silver-lace foliage $27.89
Hat Sears, Roebuck Dressy; a charming poke style turban $3.15
(1913)
Hat Pins New Orleans Daily Rhinestone; a splendid selection of attractive styles $0.50
Picayune
(1910)
Hose Ladies’ Home Journal Gordon Dollar Silk; pure thread silk, heavy lisle soles,
(1911) heel and toe, extra garter hem protection $1.00
Muff Sears, Roebuck Opossum fur; made in large well-padded semi-barrel $8.25
(1912) style
Nightgown Sears, Roebuck Misses; very fine quality nainsook Empire style $0.99
(1913)
109
Selected Prices, 1910-1914 THE VALUE OF A DOLLAR
Ostrich Plume The New Orleans Bull Head four-tie willow ostrich plume, black only $18.00
Daily Picayune
(1912)
Petticoat New York Times Satin $7.75
(1910)
Petticoat New Orleans Daily White; nainsook tops, lawn flounces $1.69
Picayune
(1910)
Petticoat Ladies’ Home Journal Klosfit; made so that it fits the figure as a silk glove fits
(1911) the hand $1.00
Petticoat Sears, Roebuck Made of splendid cotton fabric, closely woven $1.48
(1913)
Purse Sears, Roebuck Silk velvet; ninety-nine steel studs, silver English frame
(1913) 8”x7” $1.65
Shoes The New Orleans Maison Blanche Queen Quality shoes; no matter
Daily Picayune the occasion, whether walking, street or dress wear,
(1912) you’ll find a style suited to your needs $3.50 to $5.00
Shoes New Orleans Daily Queen Quality; fifty new styles $3.50
Picayune
(1910)
Shoes Ladies’ Home Journal Red Cross; the Red Cross shoe never needs breaking in;
(1911) You can put it on in the store and wear it home;
Oxford style $3.50
Skirt The Ladies’ Home The National Maternity Skirt makes possible outdoor
Journal exercise, fresh air, sunshine and health for the
(1911) prospective mother. $5.98 to $10.00
Skirt Ladies’ Home Journal National Maternity; it does away with the stay-at-home,
(1911) the gloom and depression of the maternity period $5.98
Skirt Sears, Roebuck Panama style; made in popular straight hanging style
(1913) with full length front panel $2.89
Suit New York Times O’Neill Adams Spring Suit; an exceedingly smart suit
1910) of French serge, with the full-length of coat $29.75
Supporter The Ladies’ Home Princess Chic supporter produces ideal figure lines
Journal State waist measure $0.50 to $1.00
(1911)
Union Suit Sears, Roebuck Winter weight; elastic-ribbed fleece-lined union suit $0.48
(1913)
Appliances
Vacuum Cleaner Ladies’ Home Journal Eureka; no other indoor dry method of cleaning than
(1911) suction can make your home really clean $35.00
Vacuum Cleaner Sears, Roebuck Eckhardt; makes clean houses cleaner $46.75
(1912)
Baby Products
Baby Walker The Ladies’ Home E-Z-GO Baby Tender. Teaches baby to walk in the
Journal easy way. Does a large part of a nurse’s children’s work
(1911) Express, prepaid $2.75
Bottle The Ladies’ World Hygeia nursing bottle, only bottle with a breast;
1910 germs of disease have no hiding place
8-ounce bottle and nipple $0.38
12-ounce bottle and nipple $0.50
Diaper Cover Sears, Roebuck Of white cambric, coated with a specially prepared
(1913) composition making it waterproof $0.35
Nipples Sears, Roebuck Best black rubber nipples to fit over neck of nursing
(1912) bottle $0.10/3
Portable Folding Sears, Roebuck Tub when open is 36 long, 22 high and 16 wide $4.98
Bathtub (1913)
110
THE VALUE OF A DOLLAR Selected Prices, 1910-1914
111
Selected Prices, 1910-1914 THE VALUE OF A DOLLAR
Theater Ticket New York Times Metropolis; Harry Bryant’s Burlesque Co. $0.35
(1910)
Theater Ticket New York Times New Amsterdam Theatre; Madame X; supreme drama
(1910) of tears and thrills, best seats $1.50
Theater Ticket New York Times The New Theatre; The School for Scandal,
(1910) Sheridan’s delightful comedy $0.50
Theater Ticket San Francisco Henry W. Savage’s play, The Merry Widow,
Examiner all-star revival $0.50 to $2.00
(1913)
Theater Ticket San Francisco Thomas A. Edison’s Talking Moving Pictures,
Examiner exclusively at The Orpheum $0.10 to $1.00
(1913)
Entertainment, Home
Card Game Sears, Roebuck Old Maid; too well known to need description $0.19
(1912)
Crayons Sears, Roebuck Paragon Drawing; twenty-eight colors $0.04
(1913)
Dominoes Sears, Roebuck Black Cat; high-grade black composition double six
(1912) dominoes $0.33
Game Sears, Roebuck Jolly Coon Race; a new and very comical game for two
(1912) or three people; metal figures of darkies with moveable
arms, racing along three poles $0.89
Record The Magazine of Columbia Double Disc Phonograph; fits your machine $0.65
Wall Street
(1913)
Statue Sears, Roebuck Musical negroes; darkies playing accordion and flute $0.98
(1912)
Talking Machine Sears, Roebuck J. F. Oxford; flower-shaped metal horn, 18” in diameter $14.95
(1912)
Food Products
Candy Sears, Roebuck Peanut Butter Kisses; Preferred by many to the usual taffy;
(1912) 2 1/2 pound box $0.46
Cereal The Ladies’ World Gigantic kernels of wheat or rice, puffed to eight times
1910 natural size. Made so porous and crisp that they melt in
the mouth
Puffed wheat $0.10
Puffed rice $0.15
(except in
extreme West)
Cereal The Ladies’ Home Quaker Oats Puffed Rice. They taste like bubbled nuts $0.15
Journal (except in
(1911) far West)
Chocolate The Ladies’ World Baker’s Caracas Sweet Chocolate, a delightful combination
1910 of the highest grade cocoa, pure sugar and vanilla, one
package $0.10
112
THE VALUE OF A DOLLAR Selected Prices, 1910-1914
Cracker New York Times Uneeda Biscuit; made today and packaged snugly in their
(1910) protecting package $0.05
Marshmallows Sears, Roebuck 200 finest soft delicious marshmallows in a box $0.42
(1912)
Seasoning New Orleans Daily Genuine Creole; there is no trouble; nothing to learn;
Picayune regular-size bottle $0.25
(1910)
Soup The Ladies’ Home Campbell’s Soup—a perfect dinner course; 21 kinds $0.10
Journal
(1911)
Soup Ladies’ Home Journal Tomato; the way to his heart $0.10
(1911)
Wafers Overland Monthly Nabisco Sugar Wafers; always in good form
(1910) Two sizes $0.10 and $0.25
Furniture
Bed San Francisco High-class sleigh bed in mahogany or circassian walnut $39.50
Examiner
(1913)
Chair New Orleans Daily Porch rocker; double cane seat and back, with wide
Picayune arms and seat $2.25
(1910)
Chair Ladies’ Home Journal Come-Packt Morris; in quartered white oak—save half
(1911) or more buying direct from our factory $8.75
Chair Sears, Roebuck Bowback wooden kitchen chair; made of especially selected
(1912) northern hardwood $0.78
Chair Sears, Roebuck Morris rocker; solid comfort every minute $5.35
(1912)
Furniture Package New Orleans Daily 4-Room outfit consisting of full bedroom suite, dining
Picayune suite, parlor suite and kitchen outfit $147.50
(1910)
Kitchen Cabinet Sears, Roebuck Wilson Oak; cupboard and kitchen table in a single
(1912) piece of furniture $23.85
Lamp Sears, Roebuck Art Glass; electric portable; wired complete with chain
(1912) pull socket $7.50
Mirror New Orleans Daily Chiffonier; mirror 14 x 22 , double shaped top
Picayune 20 x 36; full-quartered oak with golden finish, serpentine
(1910) front $14.90
Table Sears, Roebuck Parlor; made of seasoned quarter sawed oak $2.85
(1912)
Tea Wagon The Magazine of Wall Willow; painted to match chintz $16.50
Street
(1913)
Turkish Bath Cabinet New York Times The best means in the world for breaking up
(1910) colds or grippe $4.50 to $18
Hotel Rates
Hotel Room The Magazine of Wall Hotel Puritan; Boston; a public house for those who
Street demand the best single rooms $2.00/day
(1913)
113
Selected Prices, 1910-1914 THE VALUE OF A DOLLAR
Room The New Orleans Hotel Victoria; fronting on Fifth Avenue and Broadway,
Daily Picayune New York City; all rooms have hot and cold running
(1912) water
Rooms $1.50
Rooms with bath $2.00 and up
Room Overland Monthly Hotel Normandie, San Francisco, California; fine air,
(1910) elevation, location
American plan, per day $3.00 and up
European plan, per day $1.50 and up
Room Overland Monthly Hotel St. Francis, San Francisco, California
(1910) European plan, per day $2.00 and up
Room Overland Monthly Hotel Windsor, 308-310 West 58th Street, New York;
(1910) 100 feet from Broadway; 100 suites, each with bath
Per day $2.50 to $10.00
Household Products
Ammonia Sears, Roebuck Violet; for the toilet and bath $0.17
(1912)
Bedspread Sears, Roebuck Pure white, hemmed, crochet, bedspread; 68 x 79 $0.68
(1910)
Blanket Sears, Roebuck All-wool; splendid wearing qualities and rich appearance $3.98
(1912)
Cake Turner Sears, Roebuck Steel; length about 12 $0.02
(1913)
China New York Tribune White and gold monogrammed china; 100-piece dinner
(1911) set with coin gold border $52.50
Cistern The New Orleans Cypress cistern, in good order $6.50
Daily Picayune
Cleanser The Ladies’ Home Scour pots and pans with Old Dutch Cleanser
Journal Large sifter can $0.10
(1911)
Cleanser Ladies’ Home Journal Old Dutch; cuts the grease and burn from tinware,
(1911) agateware, aluminum ware, graniteware, etc. $0.10
Couch Covers Sears, Roebuck Tapestry; in rich oriental design 2 7/8 yrds long by
(1912) 56 wide $1.75
Desk Sears, Roebuck Simplex; single desk; one of our most stable and durable
(1912) patterns $1.75
Finish Ladies’ Home Journal Johnson’s Under-Lac; a thin, elastic spirit finish far
(1911) superior to varnish or shellac $0.70/quart
Flashlight Sears, Roebuck Ever Ready; the most efficient flashlight of its size ever
(1912) made with Merchlor battery $0.98
Floor Wax Sears, Roebuck Seroco; dirt and dust will not stick to floors waxed with
(1912) Seroco floor wax $0.22/pound can
Hammer Sears, Roebuck Fulton Special; solid tool steel, full nickel plated; 13 oz. $0.66
(1912)
Inlaid Linoleum Sears, Roebuck Fine quality domestic inlaid linoleum $2.35/yard
(1912)
Lamp Burner Sears, Roebuck Brass; by including these items with other goods you
(1913) usually get them without paying any more freight $0.04
Lavatory Sears, Roebuck Porcelain-enameled one-piece square with nickel-plated
(1912) model waste and wall hanger $8.40
Paint Sears, Roebuck For entire house; this cottage measures 18’ wide x 32’ long
(1910) and 12’ high; for body 4 gallons, for trimming 1 gallon $4.90/gallon
Picture Hooks Sears, Roebuck $0.04/dozen
(1910)
Pot Holder Sears, Roebuck Iron; asbestos filled $0.02
(1913)
114
THE VALUE OF A DOLLAR Selected Prices, 1910-1914
Potato Baker Ladies’ Home Journal Handi-Kwick; saves burning your arms and hands,
(1911) bakes six at a time $0.10
Rug New York Times Joseph Wild Prairie; a superior weave of tough grass;
(1910) carried in plain green or brown; 4’ x 7’ $9.50
Shovel Sears, Roebuck Invincible D Handle; plain back, solid steel $0.48
(1910)
Silverware The State 1847 Rogers Brothers; knives and forks warranted 16-
(Columbia, SC) dwt pure silver on every dozen (6 knives and 6 forks) $3.93/dozen
(1911)
Soap Ladies’ Home Journal Grandma; borax powdered; Grandma is not a washing
(1911) powder but a powdered soap $0.05
Soap Sears, Roebuck Lifebuoy; removes the dirt you see while destroying the
(1912) germs which you cannot see $0.51/12 cakes
Suitcase Sears, Roebuck Lightweight cane made over strong wood frame $4.95
(1913)
Toilet Paper Sears, Roebuck Jewel; about 1,000 sheets to roll $0.27/6 rolls
(1912)
Trunk Sears, Roebuck Gibraltar; guaranteed to last a lifetime of ordinary service;
(1913) 38 x 22 x 24 $16.95
Umbrella New York Times Abraham and Straus; woman’s style $2.74
(1910)
Wallpaper Sears, Roebuck The Eugenia; red and pink roses in a frame of gilt
(1912) Border $0.02/double roll
Ceiling $0.15/double roll
Wall Paper New York Tribune Fine foreign wallpapers; values $1 to $4; sold in room lots
(1911) Now $0.25 a piece
Wood Stain The Magazine of Devoe wood stain; ready for use after dissolving in water $0.50/can
Wall Street
(1913)
Insurance Rates
Fire Insurance Insurance Policy Rate 2.51; $250 coverage fire damage on brick and frame
(1911) one-story building in Columbia, SC $6.27/year
Jewelry
Diamond Ring New Orleans Daily Man’s solitaire; pure blue-white stone; perfect in cut $100
Picayune
(1910)
Diamonds The New Orleans Weinfurter’s; blue tinged, finest white diamonds; weight
Picayune 7/8 and 1/16 carat stone $185
(1912)
Watch The New Orleans Waltham gold pocket watch; seventeen jewel $10.50
Picayune
(1912)
Liquor Cure The State From the third day after I started treatment I
(Columbia, SC) can honestly say I have had no desire for a drink of
(1911) whiskey or beer; includes board, lodging, and
necessary attention $35/mo
Nonprescription Sears, Roebuck Elixir pepsin compound; pleasant to take and largely
Drug (1912) sold for indigestion and stomach complaints $0.49/16-ounce
bottle
Teething Powders The Ladies’ World Dr. StedMen’s Teething Powders, absolutely free from
(1910) morphia or any other alkaloid or constituent of opium
opium; One packet $0.25
Motorized Vehicles, Services, & Supplies
Automobile Throm, ed., Black Crow; biggest, handsomest, greatest value cars
Popular Mechanics ever offered for these prices, 25–30hp $1,000
Picture History of
American Transportation
(1952)
Automobile Joseph J. Schroeder Jr.,Franklin 1910; only one percent of the roads in this
The Wonderful World country is macadam; the rest are ordinary dirt roads; do
of Automobiles you want an automobile that is comfortable only on
(1971) macadam roads or on all roads?; 4-cylinder, 28 hp,
five-passenger touring car $2,800
Automobile Schroeder, Glide Special; 7-passenger, 45 hp touring car [cost
The Wonderful World in 1910] $2,500
of Automobiles
(1971)
Automobile New York Times Marmon Thirty-two; 5-passenger touring car, shaft drive,
(1910) double system ignition; the positive car $2,700
Automobile New York Times Mora; there is no other power plant like it $1,050
(1910)
Automobile New York Times Paige-Detroit; a low-priced, high-powered roadster that at
(1910) once satisfies the power crank, the speed fiend, and the
endurance runner $800
Automobile Schroeder, Rambler; featuring the offset crank-shaft, straight-line
The Wonderful World drive, spare wheel and new expanding clutch [cost $1,800
of Automobiles in 1910]
(1971)
Automobile Schroeder, Sears Motor Car; so simple that anyone can operate;
The Wonderful World Model H, 14 hp, air-cooled motor [cost in 1910] $395
of Automobiles
(1971)
Automobile Schroeder, American Underslung Traveler Special; six passengers,
The Wonderful World the last word in grace and beauty [cost in 1912] $4,500
of Automobiles
(1971)
Automobile Schroeder, Elmore Torpedo; five-passenger light torpedo with top
The Wonderful World and windshield [cost in 1912] $1,350
of Automobiles
(1971)
Automobile Schroeder, Overland 610-T; five-passenger 45 hp touring car; the
The Wonderful World shifting levers are in the center of the car $1,500
of Automobiles [cost in 1912]
(1971)
Automobile Schroeder, Garford Six; electrically started; all lights are electric; the
The Wonderful World horn is electric, 60 hp, five-passenger touring car $2,750
of Automobiles [cost in 1913]
(1971)
116
THE VALUE OF A DOLLAR Selected Prices, 1910-1914
Automobile Schroeder, Jackson; no hill too steep no sand too deep, 50 hp, 4
The Wonderful World cylinder motor, five-passenger [cost in 1913] $1,800
of Automobiles
(1971)
Automobile Schroeder, Maxwell Mercury; an ideal car for touring $1,150
The Wonderful World [cost in 1913]
of Automobiles
(1971)
Automobile Schroeder, Oakland Greyhound; four-, five-, and seven-passenger
The Wonderful World touring cars [cost in 1913] $2,550
of Automobiles
(1971)
Machine Oil Sears, Roebuck Best grade of mineral oil for light machinery $0.06/3-ounce
(1913) bottle
Transmission Grease Sears, Roebuck We cannot use the manufacturer’s name for the reason
(1912) that we are selling it at a greatly reduced price $0.80/5-pound pail
Used Automobile The New Orleans Stoddard-Dayton touring car; five-passenger; fully
Daily Picayune equipped $600
(1912)
Windshield Schroeder, Mezger Automatic; up or down with one hand without
The Wonderful World slackening speed [cost in 1910] $25.00
of Automobiles
(1971)
Musical Instruments
Piano The New Orleans Steinway baby grand piano $2,000 and up
Daily Picayune
(1912)
Piano-Organ Sears, Roebuck Beckwith Queen; leads all others in quality, finish, design,
(1912) and tone $68.00
Violin Sears, Roebuck Stradivarius Model; violin outfits of this grade are generally
(1912) sold for $35 $19.95
Other
Film Developer The Ladies’ World Hayden film tank, the best, simplest and most
(1910) improved film tank on the market
Film printing frame $0.75
Convertible plate tank 5 x 7 $1.75
Home Plans Ladies’ Home MacLagan’s; suburban; 200 building plans of bungalows,
Journal suburban and country homes, actually erected costing
(1911) from $400 up to $10,000; plans and specifications $5 and up
Mask Sears, Roebuck Santa Claus; fancy waxed-cloth mask with heavy $0.09
(1912) eyebrows
Plumes Ladies’ Home Journal French; carefully selected raw material from the male
(1911) bird; full 15 $1.90
Prize, Billiards Match New Orleans Daily Championship; Harry P. Cline, of Philadelphia, the present
Picayune title holder at 18.2 balk line billiards, has agreed to meet
(1910) Willie Hoppe for the world’s championship;
prize includes championship emblem $1,000
Wrapping Paper Sears, Roebuck Christmas Bells; Red tissue paper; beautiful for
(1912) Christmas decoration $0.09/pkg of 2
117
Selected Prices, 1910-1914 THE VALUE OF A DOLLAR
Face Powder The Ladies’ Home Lablache face powder keeps complexions smooth
Journal and velvety
(1910) Per box $0.50
Hair Aid The Ladies’ World Parker’s Hair Balsam cleanses and beautifies the hair.
(1910) Promotes a luxuriant growth; cures scalp diseases and
hair falling
Small bottle $0.50
Large bottle $1.00
Hair Barrette Sears, Roebuck Silvered filigree; 42 rhinestones $0.49
(1913)
Soap Dispenser New York Times The Soapator; supplies soap in the most delightful
(1910) form, includes soapator and box of assorted soaps $5.00
Toothpaste New York Times Sanitol; a perfect dentifrice—you can get it in either
(1910) powder or paste form $0.25
Toothpaste New Orleans Daily Sanitol; your general health will be better $0.25
Picayune
(1910)
Tooth Soap Sears, Roebuck Albi-Denta; for hardening gums and preserving the teeth $0.10/3 ounce
(1912)
Toupee Sears, Roebuck Man’s; made on the finest quality silk gauze foundation $21.65
(1913)
Publications
Newspaper The New Orleans Published seven days a week
Daily Picayune One-year subscription $12.00
(1912)
Magazine Overland Monthly The Jewish Times; weekly $3.00
(1910)
Magazine Ladies’ Home Journal Ladies’ Home Journal; biweekly $0.10
(1911)
Magazine The Magazine of Wall Broadmoor Bungalow; elevation half tone reproductions
Street of photographs of California bungalows $0.50
(1913)
Magazine The Magazine of Wall Collier’s; weekly $0.05
Street
(1913)
Magazine The Magazine of Wall Illustrated World Magazine; monthly $0.05
Street
(1913)
Real Estate
Apartment New York Times West End Ave 712 Apartment A (96th St. subway); Light,
(1910) heat, hot water; cleanliness $5.00/week
Apartment New York Times 2 and 3 rooms, just completed, overlooking Morningside
(1910) and Central Parks; vacuum cleaning system $40 to $55/month
Apartment Building New York Times Eight-, nine-, ten-room (3 bath) suites; at 36 Gramercy
(1910) Park-East $8,900
House The Ladies’ Home Aladdin Readi-Cut Houses. All the materials for
Journal a complete house $557
(1911)
House New York Times Artistic houses $4,750
(1910)
House New Orleans Daily Double, two-story house, New Orleans; 6 rooms each side;
Picayune driveways, stable, etc.; 938-940 Felicity $5,100
(1910)
118
THE VALUE OF A DOLLAR Selected Prices, 1910-1914
House New York Times New Jersey; 7 rooms, bath, cellar, furnace, gas and electricity,
(1910) hardwood trim; train and trolly; 15 minutes to city $5,400
Land New Orleans Daily Three lots between Freret and Robertson Streets New
Picayune Orleans $6,000
(1910)
Land The New Orleans Texas timberland, walnut, oak, pine, ebony; within
Daily Picayune 100 miles of gulf port
(1912) Per acre $2.00 to $5.00
Land The New Orleans Choice lots in the heart of Mandeville, Louisiana;
Daily Picayune six blocks from beach and railroad depot
(1912) Per lot $30.00
Land New York Times Long Island plot; 100 x 145 feet, overlooking Manhasset
(1910) Bay; water privileges; improvements; eight minutes to either
water or station $3,000
Lots and The New Orleans Sale of The New Orleans Home for Incurables to
Commercial Picayune Transmississippi Terminal Company, two lots $12,625
Business (1912)
Plantation New Orleans Daily Killoden Plantation Monroe, Lousiana; the plantation
Picayune contains 3,006 acres of land $45,675
(1910)
Room New York Times 18th St., 26 West; newly furnished, heated $2.00/week
(1910)
Room New York Times 80th St. West, furnished; exceptionally beautiful, exclusive,
(1910) private residence; three minutes subway L $10/week
Room New York Times 28th, 16 East Bachelors; single, double rooms, swimming
(1910) pool, showers $6 to $8/week
Room The New Orleans Furnished front room for rent in a private home;
Daily Picayune includes housekeeping
(1912) Per month $7.00
Vineyard Overland Monthly 28 acres of land, 16 acres in hay, 10 in vines; seven
(1910) miles from San Jose, California $5,500
Cloth The State Old English poplin; pure snowy white; the finest mercerized
(Columbia, SC) in the yarn material for dresses, coat suits, and separate
(1911) skirts $0.25/yard
Cloth Sears, Roebuck Dress and shirting percale; a very satisfactory cloth at a
(1913) low price; full yard wide $0.08/yard
Cloth Sears, Roebuck Mohair brilliantine; made in this country; very hard
(1913) twisted thread $0.36/yard
Cloth Sears, Roebuck Persian silk; neat and attractive in appearance; 19” wide $1.00/yard
(1913)
Cloth Sears, Roebuck Scotch table damask; every fiber guaranteed pure flax;
(1913) 66 wide $0.66/yard
Suiting Cloth Sears, Roebuck A heavy all pure-wool serge, soft and smoothly finished
(1913) 56” wide $3.00/yard
Sports Equipment
Baseball Sears, Roebuck $0.10 value $0.06
(1913)
Bicycle Sears, Roebuck Napoleon; For quality and value our Napoleon is second
(1910) only to our Peerless. $15.95
Bicycle Ladies’ Home Journal Mead 1911; with coaster-brakes and puncture-proof tires $10 to $27
(1911)
Tobacco Products
Cigarettes New York Times Turkey Red; success has many roads $0.10/pack
(1910)
Toys
Aeroplane Sears, Roebuck Splendid copy made of flexible wire and silk $0.98
(1912)
Climbing Monkey Sears, Roebuck Distinctly a boy’s toy; mechanical monkey which moves
(1912) at will up and down heavy cord $0.21
Doll Sears, Roebuck Schoenhut; performing unbreakable art dolls; extra-good
(1912) quality cloth body with papier mache forearms; height
including hat 18 $0.98
Floor Train Sears, Roebuck Large 15 1/2 engine and tender, and three 13 1/2 red,
(1912) white and blue Pullman cars $1.37
Water Pistol Sears, Roebuck Made of metal, nickel finished with hollow rubber handle. $0.21
(1912)
Wool Sheep Animal Sears, Roebuck Natural bleat, mounted on metal wheels. 13 1/2 x 15 $1.85
(1912)
120
THE VALUE OF A DOLLAR Selected Prices, 1910-1914
Ocean Liner Fare New York Times New York to Rotterdam; Russian American Line on
(1910) promenade deck $50.00
Ocean Liner Fare New York Times New York to Glasgow; Anchor Line; Glasgow via
(1910) Londonderry, first cabin $67.50 to $72.50
Steamship Fare The New Orleans Steamer New Camelia; excursions on Tchefuncta River $0.75
Daily Picayune
(1912)
Steamship Ticket San Francisco San Francisco to Los Angeles; round trip $12.00
Examiner
(1913)
Train Fare The New Orleans Roundtrip train ride from New Orleans, Louisiana, to
Daily Picayune Dallas, Texas; featured attraction, The Dallas Fair $18.30
(1912)
Train Fare Overland Monthly San Francisco to natural hot sulphur and iron baths
(1910) in Lake County, California
Round trip $7.00
121
Miscellany, 1910-1914 THE VALUE OF A DOLLAR
MISCELLANY 1910-1914
Autograph Auction Oyster Legislation
An article discussing a recent Rare Autographs I believe the time has come, said he, when the
Auction at Anderson’s in New York City reported, dredging of our natural oyster reefs must cease,
“the autograph receipt for 1,600 ducats of gold by and that the canneries and packers should be
Michelangelo, in part payment for his work on given facilities for producing their oysters on
the tomb of Pope Julius II, brought $170. It was state lands. For instance I believe the State of
dated Rome, June 7, 1513. A Frederick County Louisiana should say to Mr. Packer that after 1913
land survey in George Washington’s handwriting, or 1914, or whatever time may be agreed upon,
Oct. 22, 1750, went for $74. A civil war letter of that they must not dredge on natural reefs of this
W. S. Grant, City Point, Va., March 12, 1865 to state. However, lease to these packers liberal
Secretary of War Stanton went for $32. Two early allotments of hard bottoms, on which they can
Abraham Lincoln legal documents, dated 1844 plant oysters and produce them. The state
and 1853, sold respectively, for $37 and $29.” should furnish the seed oysters.
New York Times, March 2, 1910 Give the packers a sufficiently long term lease
that it would pay them to enter into the contract:
Public Roads: Mileage and Expenditures say twenty to twenty-five years: certainly not
In 1911 the population per mile of road in the longer than twenty-five years. The state would
United States equalled 41 people, the total estimat- furnish police protection and charge them an
ed expenditures nationwide was $142,144,191 and acreage rental. It should be sufficient to reim-
the expenditure per mile of public road was $64.63. burse the state but should not be excessive.
Statistical Abstract, 1911, U. S. Department of Labor, 1923 Offhand, I should say $1 per acre for the first ten
years: $2 per acre for the next ten years, and $5
The Story of Cotton per acre per year for the last five years.
Pickers usually carry a sack strapped over In that way the state would be recouping its
their shoulders as they walk or crawl along the wasted oyster bottoms, and they would be
rows. The cotton is picked from the stalk by hand returning a steady income every year during the
and dropped into his sack. Hand labor is expen- time.
sive and the cost of picking ranges from forty New Orleans Daily Picayune, May 15, 1910
cents to one dollar a hundred pounds.
New Orleans Daily Picayune, May 15, 1910 Yale Worth $24,000,000; Property Value Thus
Figured, Exclusive of University Equipment
New Haven, Conn. Dec. 10—The total resources
of Yale University, not including equipment, art,
book and other collections, has been figured at
$24,000,000. Recently the trustee of the Sheffield
Scientific School made an appraisal of that prop-
erty basing their figures on the assessments of
the New Haven tax office, and placed the total at
$3,000,000. The same method has been applied to
the whole university.
The larger items in the total of $24,000,000 are
the bi-centennial buildings, the campus land, and
dormitories. Investment funds make up about
half the total.
New York Times, December 11, 1910
122
THE VALUE OF A DOLLAR Miscellany, 1910-1914
MISCELLANY 1910-1914
Predicts 16-Cent Copper; Adolph Lewisohn
Expects an Increased Demand Soon
Adolph Lewisohn, President of the Miami
Copper Company and a Director in other mining
and smelting companies, predicted yesterday
that copper would soon be selling at 10 cents.
“The copper market,” he said, “is in excellent
condition. Stocks of the metal everywhere have
been greatly reduced and are now very moderate.
The advance has been gradual on actual demand.
At present the price is firm at 15 cents a pound,
and only limited quantities are to be had at that
figure. I am of the opinion that when the strike
situation in England has clarified, demand for the
metal in the country will materially increase. I
believe copper will further advance and within a
reasonable time reach 16 cents a pound. While it
is true that most of the large producers are mak-
ing good profits at present prices, yet it must be
taken into consideration that good copper mines
are very scarce. The mill of the Miami Copper
Company has about been completed, and the
company is producing at the rate of approximate-
ly 3,000,000 pounds of copper a month. I am
extremely optimistic in regard to the future of
this property and of the metal market.”
New York Times, March 22, 1912
123
Historical Snapshot, 1915-1919 THE VALUE OF A DOLLAR
HISTORICAL SNAPSHOT
1915-1919
1915 Stanford University psychologist First U.S. airmail stamps issued
British steamer Lusitania sunk by Lewis Madison Terman introduces costing 24 cents as service begins
Germans, killing 1,198, including the term intelligence quotient (IQ) between New York and
128 Americans Lucky Strike cigarettes introduced Washington, DC
U.S. Pullman-car porters paid by American Tobacco, outsells The world’s first granulated laun-
$27.50 per month, prompting U.S. Sweet Corporal and Pall Mall dry soap, Rinso, is introduced by
Commission on Industrial Converse basketball shoes and Lever Brothers
Relations to ask if wages are too U.S. Keds introduced Charles Strite patents the first
high automatic pop-up toaster
IWW organizer Joe Hill executed 1917 U.S. corn belt acreage sells for two
by firing squad U.S. declares war on Germany to three times 1915 price
Emory University founded in Charlie Chaplin, Mary Pickford, and
Atlanta with support of Coca-Cola Douglas Fairbanks help sell $18.7 bil- 1919
family money lion in Liberty Bonds to support war Treaty of Versailles assigns
Kraft processed cheese introduced effort, despite low 3.5% interest rate Germany sole responsibility for
by Chicago-based J. L. Kraft and Anchor Oil and Gas Company, causing the Great War
Bros. founded in 1903, is reincorporated Boston police strike against pay
Pyrex glass developed by Corning as Phillips Petroleum Company, as scales of 21 to 23 cents per hour
Glass researchers oil prices double because of war for 83- to 98-hour weeks
First air-conditioned theater Nineteenth Amendment, granting
1916 installed in Empire theatre in women suffrage, is adopted
Workman’s Compensation Act pro- Montgomery, AL Cost of living in New York City up
tects 500,000 federal employees Del Monte begins national advertis- 79 percent from 1914
from disability losses ing of canned fruits and vegetables Dial telephone introduced in
Kellogg’s All-Bran introduced by Clarence Birdseye pursues commer- Norfolk, VA
the Battle Creek Toasted Corn cial exploitation of freezing foods Grand Canyon National Park estab-
Flakes Co. lished
Supreme Court upholds constitu- 1918 Wheat prices soar to $3.50 per
tionality of federal income tax Amalgamated Clothing Workers bushel as famine sweeps Europe
Hetty Green, the “witch of Wall Union stages first of 534 strikes over U.S. ice cream sales reach 150 mil-
Street,” dies leaving an estate of six years protesting open shops, lion gallons, up from 30 million in
more than $100 million sweat shops, and piecework pay 1909
124
THE VALUE OF A DOLLAR Selected Income, 1915-1919
Actor Catherine Legrand Payment for three movies to Mary Pickford in 1918 $900,000
and Robyn Karney,
Chronicle of the
Cinema
(1995)
Actor Scott Eyman, Annual income of Mary Pickford in 1917 $560,00
Mary Pickford
America’s Sweetheart
(1990)
Actor Catherine Legrand Weekly income of Douglas Fairbanks in 1917 $10,000
and Robyn Karney,
Chronicle of the
Cinema
(1995)
Actor, Director American Chronicle Movie star Charles Chaplin’s annual salary with
(1999) Mutual starting in 1916 $675,000
Actor/Producer Time Weekly income of Charlie Chaplin in 1916 $10,000
(1916)
Actress American Chronicle Annual pay of movie star Mary Pickford in 1918 $1 million
(1999)
Barber New York Times No Sunday work $14–20/wk
(1918)
Baseball Player Vincent Tomkins, ed., Annual salary of Detroit Tigers’ Ty Cobb in 1915 $20,000
American Decades:
1910-1919
(1996)
Baseball Player Harvey Frommer, Annual salary of Chicago White Sox player Joe Jackson $6,000
Shoeless Joe and in 1919
Ragtime Baseball
(1992)
Bookkeeper New York Times Assistant, American; in office of large manufacturing $18/wk
(1918) concern
Boy Wanted New York Times 15–16 years old; in advertising business; references $5/wk
(1916) required; unusual opportunity for advancement
Boy Wanted New York Times Bright boy wanted in large woolen house; splendid $7/wk
(1918) chance for advancement
Cabinetmaker The Chicago Daily Washington Employment Agency
Tribune Per week $18–$20
(1917)
Driver Chicago Tribune Man to drive laundry wagon $18/wk
(1915)
Electrical The Chicago Daily Must be familiar with isolated plants, installation
Draftsman Tribune layouts and interior light and power
(1917) Per month $150
Elevator Operator New York Times Elderly man desired; steady and easy position $5/wk
(1918)
Errand Boy New York Times New York office of large textile concern desires boy $5/wk
(1918) 16 or 17 to run errands
Football Player Tomkins, ed., Payment per game to Jim Thorpe, former Olympic $250
American Decades: Champion and professional football player with Canton,
1910-1919 Ohio, Bulldogs in 1915
(1996)
125
Selected Income, 1915-1919 THE VALUE OF A DOLLAR
Foreign Stenographer New York Times We are having numerous calls for stenographers in $20–30/wk
(1918) Spanish and English; also French and English;
only those experienced in taking dictation in two
languages can be used
Illustrator MastroNet Auction Fee paid painter Leslie Thrasher to create a “Chew
Catalog Beech Nut Tobacco” advertisement by P. Lorillard
(2004) & Co. [In 1918] $1,500
Movie Actor Seventy Years Silent movie actor Charlie Chaplin signed with
of the Cinema Mutual for a record salary, annual [1916] $650,000
(1969)
Office Worker New York Times Boy for office work in wholesale jewelry house $8/wk
(1918)
Packers Chicago Tribune Boys over 16 years of age to act as packer boys on $12/wk
(1918) rotary presses
Racehorse Vincent Tompkins, ed., One year winnings of Triple Crown winner Sir Barton
American Decades: in 1919 $88,250
1910-1919
(1996)
Situation Wanted— New York Times Experienced; all lines; books opened, closed, $2.50/wk
Accountant (1916) disentangled, audited, systems installed
Situation Wanted— Chicago Tribune Just mustered out; accountant or assistant credit $125–150/mo
Accountant (1918) manager; experienced; best references; future must
be assured
Situation Wanted— New York Times Fourteen years’ experience $20/wk
Bookkeeper (1916)
Situation Wanted— Chicago Tribune Married; 33 $20/wk
Bookkeeper (1918)
Situation Wanted— Chicago Tribune Experienced young man, age 19 $16/wk
Office Worker (1918)
Situation Wanted— Chicago Tribune Young lady, exceptional ability, stenographer, secretary; $26/wk
Secretary (1918) 6 years’ experience
Solicitor Chicago Tribune Two magazine men preferred; to call on regular $18/wk
(1915) customers; new proposition; permanent employment
Spy Tomkins, ed., Payment to Dr. Heinrich Albert by Germany to sabotage
American Decades: American munitions plants in 1915 $28 million
1910-1919
Stenographer Chicago Tribune Excellent appearance, high class, with good $8/wk
(1915) personality, Protestant, 16–22; for private office;
must be capable; this is a first-class position
for a HIGH CLASS GIRL ONLY
Truckers The Chicago Daily Washington Employment Agency
Tribune Per week $70 - $80
(1917)
Typists New York Times $15/wk
(1918)
Wagon Boy The Chicago Must be over 16 years of age
Daily Tribune Per week $8
(1917)
126
THE VALUE OF A DOLLAR Consumer Expenditures, 1915-1919
127
Investments, 1915-1919 THE VALUE OF A DOLLAR
INVESTMENTS 1915-1919
Investment 1915 1916 1917 1918 1919
Basic Yield, One-Year Corporate Bonds 4.47 3.48 4.05 5.48 5.58
Short-term Interest Rates, 4–6 Months,
Prime Commercial Paper 4.01 3.84 5.07 6.02 5.37
Basic Yield, Common Stocks, Total 4.98 5.62 7.82 7.24 5.75
Index of Common Stocks (1941⫺1943⫽10) 8.31 9.47 8.50 7.54 8.78
COMMON STOCKS, CLOSING PRICE AND YIELD, FIRST BUSINESS DAY OF YEAR
128
THE VALUE OF A DOLLAR Standard Jobs, 1915-1919
Average of All Industries, excl. farm labor $687/yr $765/yr $887/yr $1115/yr $1272/yr
Average of All Industries, inc. farm labor $633/yr $708/yr $830/yr $1047/yr $1201/yr
Bituminous Coal Mining 38¢/hr 48¢/hr 60¢/hr 70¢/hr 34¢/hr
Avg hrs/wk 51.60 49.80 48.70 48.40 51.60
Building Trades, Union Workers 59¢/hr 62¢/hr 68¢/hr 78¢/hr 57¢/hr
Avg hrs/wk 47.50 44.40 44.10 44 44.80
Clerical Workers in Mfg. & Steam RR $1327/yr $1427/yr $1552/yr $1765/yr $1999/yr
Domestics $342/yr $357/yr $389/yr $432/yr $538/yr
Farm Labor $355/yr $388/yr $481/yr $604/yr $706/yr
Federal Civilian $940/yr $974/yr $967/yr $1009/yr $971/yr
Federal Employees, Executive Depts. $1152/yr $1211/yr $1295/yr $1380/yr $1520/yr
Finance, Insurance, & Real Estate $1040/yr $1037/yr $1051/yr $1078/yr $1099/yr
Gas & Electricity Workers $620/yr $615/yr NR NR $556/yr
Lower-Skilled Labor $905/yr $925/yr $964/yr $984/yr $991/yr
Manufacturing, Union Workers 34¢/hr 35¢/hr 36¢/hr 37¢/hr 37¢/hr
Avg hrs/wk 53.00 52.40 51.80 51.40 51.10
Manufacturing, Payroll 15¢/hr 16¢/hr 17¢/hr 16¢/hr 15¢/hr
Avg hrs/wk 61.90 61.50 61.20 61.10 62.10
Medical/Health Services Workers $381/yr $407/yr $451/yr $520/yr $606/yr
Ministers $730/yr $731/yr $737/yr $761/yr $759/yr
Nonprofit Org. Workers $652/yr $651/yr $657/yr $679/yr $677/yr
Postal Employees 38¢/hr 37¢/hr 37¢/hr 37¢/hr 38¢/hr
Avg hrs/wk 48.00 48.00 48.00 48.00 48.00
Public School Teachers $328/yr $337/yr $346/yr $358/yr $377/yr
State and Local Govt. Workers $590/yr $605/yr $612/yr $621/yr $640/yr
Steam Railroads, Wage Earners $548/yr $549/yr $563/yr $593/yr $600/yr
Street Railway Workers $604/yr $601/yr $576/yr $582/yr $610/yr
Telegraph Ind. Workers NR NR $544/yr $573/yr $601/yr
Telephone Ind. Workers NR NR $408/yr $397/yr $392/yr
Wholesale and Retail Trade Workers $510/yr $521/yr $537/yr $551/yr $508/yr
129
Food Basket, 1915-1919 THE VALUE OF A DOLLAR
Beans, Navy, per pound 1915 8.4¢ 9.70¢ 7.50¢ 7.90¢ 7.20¢
1916 10.90¢ 11.20¢ 10.90¢ 10.10¢ 10¢
1917 17.60¢ 17.50¢ 18.10¢ 17.40¢ 14.80¢
1918 17.60¢ 18.60¢ 17.20¢ 16.60¢ 17¢
1919 12.90¢ 14.90¢ 12¢ 13.20¢ 25.30¢
Beef, Rib Roasts, per pound 1915 22.20¢ 18.30¢ 21.30¢ 18.30¢ 19¢
1916 23.20¢ 19¢ 21.90¢ 18.80¢ 20¢
1917 27.40¢ 22.90¢ 22.30¢ 22.30¢ 22.10¢
1918 35.30¢ 28.30¢ 29.70¢ 27.50¢ 27.70¢
1919 39.10¢ 30.20¢ 31.40¢ 29.10¢ 28.70¢
Beef, Steaks (Round), per pound 1915 26¢ 20.40¢ 22.10¢ 21.20¢ 20.10¢
1916 27.40¢ 20.90¢ 22.60¢ 21.20¢ 21¢
1917 32.60¢ 26.20¢ 25.80¢ 26.20¢ 23.10¢
1918 42.30¢ 34.10¢ 32.30¢ 38.80¢ 29.70¢
1919 45.70¢ 36.50¢ 34.30¢ 34.50¢ 30.50¢
Bread, Wheat, per loaf 1915 6.10¢ 6.80¢ 5.90¢ 5.60¢ 6.30¢
1916 6.20¢ 7.20¢ 6.10¢ 6.20¢ 6.30¢
1917 8.30¢ 9.50¢ 8.50¢ 8.50¢ 7.30¢
1918 NR 10¢ NR NR NR
1919 NR 10¢ NR NR NR
Butter, per pound 1915 35.80¢ 37.90¢ 33.60¢ 34.10¢ 33.10¢
1916 39.50¢ 40.80¢ 37.60¢ 37.50¢ 37.30¢
1917 48.80¢ 50.60¢ 46.40¢ 45.80¢ 45.90¢
1918 57.80¢ 60.20¢ 54.50¢ 54.50¢ 56.90¢
1919 68.60¢ 70.90¢ 63.90¢ 65.30¢ 67.50¢
Cheese, per pound 1915 23.10¢ 23.50¢ 23.20¢ 24.60¢ 24.10¢
1916 24.60¢ 26.20¢ 26.10¢ 26.20¢ 25.10¢
1917 32.90¢ 33.60¢ 34.20¢ 34.30¢ 32¢
1918 34.90¢ 36.80¢ 37.30¢ 36.70¢ 35.90¢
1919 42.70¢ 41.80¢ 42.90¢ 43.80¢ 44.40¢
Chickens, per pound 1915 21.60¢ 19.10¢ 19¢ 19.70¢ 25.60¢
1916 24.50¢ 20.50¢ 22.30¢ 21.50¢ 26.70¢
1917 29.30¢ 26.30¢ 26.80¢ 26.40¢ 29.10¢
1918 39.40¢ 35.60¢ 33.90¢ 34.40¢ 39.20¢
1919 41¢ 38¢ 36.60¢ 37.30¢ 46.30¢
Coffee, per pound 1915 28.70¢ 29.30¢ 30¢ 20.60¢ 32.70¢
1916 27.20¢ 28.20¢ 30¢ 29.50¢ 32.20¢
1917 26.40¢ 29.20¢ 28.90¢ 29.90¢ 30.70¢
1918 27.70¢ 29.70¢ 28.60¢ 30.40¢ 30.60¢
1919 39.90¢ 43.30¢ 39.70¢ 44¢ 42.10¢
Cornmeal, per pound 1915 3.50¢ 2.70¢ 3.10¢ 2.80¢ 3.60¢
1916 4.10¢ 2.70¢ 3.30¢ 2.70¢ 3.90¢
1917 6.70¢ 4.80¢ 5.70¢ 4.90¢ 6.20¢
1918 7.90¢ 5.60¢ 6.80¢ 6¢ 7.60¢
1919 7¢ 5.70¢ 6.10¢ 5.80¢ 7.20¢
Eggs, per dozen 1915 39¢ 28.50¢ 30.70¢ 32.20¢ 36.30¢
1916 42.70¢ 33.10¢ 33.40¢ 36¢ 38.90¢
1917 55.10¢ 43.60¢ 44.70¢ 45.50¢ 45.40¢
1918 64.20¢ 52.70¢ 52¢ 53.70¢ 58.30¢
1919 70.80¢ 57.20¢ 58.10¢ 59.80¢ 62.60¢
130
THE VALUE OF A DOLLAR Food Basket, 1915-1919
Flour, Wheat, per pound 1915 4.20¢ 4.10¢ 3.80¢ 3.40¢ 4.30¢
1916 4.50¢ 4.40¢ 4¢ 3.60¢ 4.40¢
1917 7.30¢ 6.80¢ 6.50¢ 5.80¢ 6.60¢
1918 7.20¢ 7¢ 6.40¢ 5.70¢ 6.80¢
1919 7.50¢ 7.30¢ 7¢ 6.20¢ 7.30¢
Ham, Smoked, Sliced, per pound 1915 28.70¢ 28.80¢ 32.80¢ 29.90¢ 34.10¢
1916 31.50¢ 31.60¢ 34¢ 32¢ 36¢
1917 42¢ 39.10¢ 40¢ 42.10¢ 46.30¢
1918 50.20¢ 55.40¢ 54.70¢ 55.40¢ 59.90¢
1919 51.30¢ 59.50¢ 58.10¢ 58.30¢ 63.80¢
Lard, per pound 1915 15.20¢ 15¢ 14.50¢ 15.20¢ 17¢
1916 17.40¢ 17.90¢ 16.80¢ 17.70¢ 18¢
1917 27.50¢ 27.50¢ 26.20¢ 28.60¢ 27.10¢
1918 33.20¢ 34.20¢ 32.20¢ 34¢ 33.80¢
1919 36.90¢ 37.60¢ 35.30¢ 38¢ 36.10¢
Milk, Fresh, per quart 1915 9¢ 10.40¢ 8¢ 8.40¢ 8.50¢
1916 9.20¢ 11.20¢ 8.40¢ 8.40¢ 8.30¢
1917 11.90¢ 14.30¢ 10.30¢ 10¢ 10.40¢
1918 14.50¢ 19.10¢ 12.50¢ 11.80¢ 13.80¢
1919 16.10¢ 21.30¢ 14.20¢ 12.70¢ 14.30¢
Mutton and Lamb, Leg, per pound 1915 18.40¢ 17.80¢ 21¢ 21.10¢ 18.40¢
1916 19.90¢ 23.60¢ 22.40¢ 19.40¢ 20.80¢
1917 26¢ 29.50¢ 28.20¢ 27.40¢ 26.70¢
1918 31.40¢ 36.90¢ 33.80¢ 32.60¢ 32.50¢
1919 31.80¢ 38.50¢ 35.40¢ 31.60¢ 32.40¢
Pork Chops, per pound 1915 21¢ 21.50¢ 19¢ 18.50¢ 24.10¢
1916 23.70¢ 23.30¢ 21.10¢ 20.60¢ 25.10¢
1917 32.70¢ 31.90¢ 29.40¢ 31.30¢ 32.90¢
1918 40.40¢ 39.10¢ 35.40¢ 37.60¢ 42¢
1919 44.40¢ 40.30¢ 38.30¢ 41.10¢ 46.20¢
Pork, Bacon, Sliced, per pound 1915 25.10¢ 29.30¢ 30.50¢ 26.90¢ 33.50¢
1916 26.40¢ 30.70¢ 31.80¢ 30.30¢ 34.60¢
1917 39.40¢ 41.60¢ 42.20¢ 43.50¢ 46.10¢
1918 50.20¢ 55.40¢ 54.70¢ 55.40¢ 59.90¢
1919 63.80¢ 59.50¢ 58.10¢ 58.30¢ 63.80¢
Potatoes, Irish, per peck 1915 1.90¢ 1.90¢ 1.30¢ 1.60¢ 1.80¢
1916 3.30¢ 3.20¢ 2.50¢ 2.50¢ 2.60¢
1917 5.10¢ 5¢ 4.20¢ 4.20¢ 3.80¢
1918 3.80¢ 4.10¢ 2.70¢ 2.70¢ 2.60¢
1919 4.40¢ 5¢ 3.50¢ 3.50¢ 3.80¢
Prunes, Dried, per pound 1915 14.50¢ 13.60¢ 13.80¢ 13.70¢ 11.30¢
1916 13.70¢ 13.10¢ 13.10¢ 13.30¢ 11.40¢
1917 15.70¢ 16.50¢ 15.40¢ 16.30¢ 14.80¢
1918 18.30¢ 18¢ 17.20¢ 17.50¢ 17¢
1919 28¢ 21.80¢ 25.80¢ 24.60¢ 25.30¢
Rice, per pound 1915 9.20¢ 8.50¢ 9.50¢ 9¢ 9.60¢
1916 9.20¢ 7.90¢ 9.40¢ 9.20¢ 9.40¢
1917 10.30¢ 9.60¢ 10.10¢ 10.60¢ 9.80¢
1918 12.80¢ 13.20¢ 12.80¢ 13.40¢ 12.90¢
1919 14.80¢ 14.90¢ 14.70¢ 15.30¢ 14.80¢
Sugar, per pound 1915 5.90¢ 6.80¢ 6.20¢ 7¢ 6.50¢
1916 7.50¢ 8.60¢ 7.40¢ 8¢ 7.70¢
1917 8.80¢ 10¢ 8.60¢ 8.90¢ 8.40¢
1918 9.40¢ 9.90¢ 9.20¢ 9.90¢ 9.30¢
1919 10.40¢ 12.50¢ 11.40¢ 11.60¢ 11¢
131
Food Basket, 1915-1919 THE VALUE OF A DOLLAR
132
THE VALUE OF A DOLLAR Selected Prices, 1915-1919
Alcohol
Gin New York Times Imperial Gin $2.15/fifth
(1919)
Rum New York Times Bacardi Rum $3.20/fifth
(1919)
Whiskey New York Times Old Bridgeport Whiskey; 6 years old $3.10/fifth
(1919)
Apparel, Children’s
Baby Shoes Powell & Campbell Lyons & Co.; patent-leather vamp,
Catalogue white-kid top, soft sole
(1915) $0.50/each
Dress Sears, Roebuck Babies’ long white dress; yoke of lace
(1917) insertions, satin ribbon $1.33
Gloves Chicago Daily Children’s Scotch knit wool gloves, seamless
Tribune fingers $0.75
(1917)
Hood Sears, Roebuck Pretty hand-crocheted silk hood $0.78
(1917)
Overcoat Sears, Roebuck Winter weight; made very large and cut full in every way $5.48
(1917)
Shoes The Asheville (NC) Children’s white Oxfords, English toe $1.45
Times
(1919)
Skirt Sears, Roebuck Girl’s; made of all-wool double-twisted wrap serge $4.38
(1917)
Suit Sears, Roebuck Knickerbocker; boys; rich olive-brown cassimere $6.75
(1917)
Suit Chicago Tribune Boy’s suits of excellent quality chambray $2.95
(1919)
Apparel, Men’s
Boots Powell & Campbell Tan elk; oak sole $21.00
Catalogue
(1915)
Coat Sears, Roebuck 80 percent camel hair and 20 percent wool $4.85
(1917)
Gloves Sears, Roebuck 14-ounce canvas gloves, knitted wrists $1.50/dozen
(1917)
Hat Sears, Roebuck Alpine style; the crown is 5 1/2” high;
(1917) raw edge brim 2 1/2” wide $2.25
Hat Chicago Tribune Newmark; Easter style; considering style and quality,
(1919) the lowest prices in town $5.00
Heel Powell & Campbell Foster; orthopedic; rubber; especially beneficial to people
Catalogue troubled with flat foot; men’s whole heel $0.75/pair
(1915)
Nightshirt Sears, Roebuck Collarless; finished 60” long with full-size bell-shape $1.15
(1917) body
Overcoat Sears, Roebuck Chesterfield style; four-button fly front $9.00
(1917)
133
Selected Prices, 1915-1919 THE VALUE OF A DOLLAR
Apparel, Women’s
Bloomers Altman’s Spring Of pink or white batists, elastic band at waist and knee $0.90
Catalogue
(1919)
Blouse Sears, Roebuck George; Crepe daintily adorned with fine
(1917) white silk embroidery $5.50
Corset Sears, Roebuck Low bust with elastic webbing; designed for
(1917) exclusive dancing and outdoor wear $1.59
Corset Cover Altman’s Spring Nainsook; cap sleeves, trimmed with
Catalogue Valenciennes lace; size 36 to 44 in bust $1.50
(1919)
Dress Sears, Roebuck Homestead house dress made of good
(1917) quality washable gingham $ 1.59
Dress Sears, Roebuck Junior; about one-third wool, shepherd check $6.25
(1917)
Dress Sears, Roebuck Nobby velveteen corduroy; heart shaped
(1917) pockets on the skirt $5.48
Dress Sears, Roebuck For stout woman; half-wool serge; a pretty
(1917) embroidered dress, especially designed
for women of full figure $8.98
Fur Coat Sears, Roebuck Full-length muskrat; natural blue-black Jersey
(1917) Muskrat coat, with deep square cape
effect, collar, cuffs, pocket pieces and button of high-grade $115
Gloves Sears, Roebuck Chamois; wash them like you wash your hands $1.19
(1917)
Hose Sears, Roebuck Seamless artificial silk; reinforced with cotton at the top $0.35
(1917)
Mesh Bag Chicago Tribune Silverplated; in pouch shape, and with plain
(1919) polished mountings $7.50
Raincoat Sears, Roebuck The outer fabric is a fine twill-wool mixed cashmere $10.98
(1917)
Shoes Cohan and Harris Hood Leisure Shoes; add a touch of distinction
Theatre Program to any frock $3.00 to $4.00
(1917)
Shoes Sears, Roebuck Sears, Roebuck; patent-leather button,
(1917) black brocade cloth top, cuban louis heel $3.85
Shoes Chicago Tribune Victory Pumps; patent leather or dull kid,
(1919) slender louis heel. $5.85
134
THE VALUE OF A DOLLAR Selected Prices, 1915-1919
Slippers Powell & Campbell P&C; in patent, mat kid, black satin, black satin $2.25
Catalogue
(1915)
Suit Sears, Roebuck Fall; made of good wearing quality
(1917) velveteen; lined throughout $29.75
Underwear Altman’s Spring
Catalogue ) Nainsook; Valenciennes lace edge $1.25
(1919)
Union Suit Sears, Roebuck Nursing; elastic-ribbed wool $2.68
(1917)
Appliances
Electric Radiator Sears, Roebuck Majestic; fine for that cold bathroom,
(1917) bedroom, small office $5.75
Indoor Toilet Hearth and Home Kawnear Cabinet; no more outside back yard
(1917) inconveniences; no chambers to empty; no sewer $0.01/week
or cesspool /person
Radiator The World’s Work American Radiator Company; ideal boiler and 350 sq. ft. $1.95
(1917) of 38” American radiator will heat a cottage
Vacuum Cleaner Sears, Roebuck Electric; if your house is lighted by electricity from a
(1917) central station, you can operate one of the above $24.50
cleaners
Baby Products
Blanket Sears, Roebuck The most popular baby blankets on the market $0.75
(1917)
Safety Pin Today’s Housewife Clinton; send $0.10 for a big $0.10 worth of
(1917) pins and a dainty pin tray as well $0.10
Swing Today’s Housewife Rock-A-Bye; baby amuses himself away from dirt, out
(1917) of drafts; he can’t fall out and the swing can’t
break or wear out $1.00
Collectibles
Bust Sears, Roebuck Bronze-plated metal bust of President Wilson;
(1917) stands 2 1/2” high $0.10
Painting American Chronicle Sandro Botticelli’s Madonna and Child; sold at
(1999) auction in 1915 $20,000
Education
Tuition The Craftsman The Raymond Riordon School; Highland, New York; high
(1915) school, college preparatory, special courses; not merely
a recitation hall but a preparation for life’s work $800/year
Tuition The World’s Work Cascadilla School for Boys; a fitting school for Cornell $675/year
(1917)
Tuition The World’s Work Loomis School for Boys; Windsor, Connecticut; practical
(1917) training for boys intending to
enter business or farming on graduation $400/year
135
Selected Prices, 1915-1919 THE VALUE OF A DOLLAR
Entertainment
Annual Ball Ticket The Playhouse The Second Annual Ball of the Allied Arts of the Theatre
Playbill, in behalf of the Actors’ Fund of America; Hotel Astor,
New York City March 30, 1916, 10 p.m. $5.00 each
(1916)
Dance Lessons Cohan and Harris Dancing Carnival, 200 instructors, 50,000 square
Theatre Program feet of floor space
(1917) Private lessons, per half hour $0.50
Exposition Chicago Daily Home Furnishing Exposition; everything for the home
Tribune Adults $0.50
(1917) Children $0.25
Lecture Chicago Daily Captain R. Hugh Knyvett presents “The Real Thing,”
Tribune War lectures $0.75
(1917) Seats $1.00
$1.50
Movie The Asheville (NC) Mary Pickford in Rags
Times Children $0.10
(1919) Adults $0.15
Including war tax
Musical The Asheville (NC) Flo-Flo; classy, snappy, catchy, girly musical
Times entertainment $0.25
(1919) $0.75
$1.00
$2.00
Opera Chicago Daily Aida; by the Boston English Opera Company;
Tribune Strand Theatre, Chicago
(1917) Nights $0.50
$0.75
$1.00
Theater Tickets Cohan and Harris Cohan and Harris Theatre Evening Orchestra,
Theatre Program including war tax $2.20
(1917) Saturday Evening Orchestra, including war tax $2.75
First Balcony, including war tax $0.55 to $2.20
Entertainment, Home
Camera Sears, Roebuck Kodac Kewpie Kameras; the Kewpie always
(1917) gets the picture; for 2 1/2” x 4 1/2” picture $2.80
Camera Sears, Roebuck Conley Model C; roll film model;
(1917) beautifully made in every detail $16.40
Card Game Sears, Roebuck Rook; one of the most popular games on the market $0.42
(1917)
Game Sears, Roebuck Major League Baseball; plays all the National League $2.45
(1917) teams with over 240 players
Novelty Sears, Roebuck Boxing darkies; these little fellows thump each other
(1917) merrily and heartily as the music plays; rides on needle $1.06
arm
Phonograph Sears, Roebuck Silvertone; plays every disc record made $6.95
(1917)
Phonograph The World’s Work Starr; Jacobean style; for the chosen
(1917) few of music lovers $250
Phonograph Chicago Tribune Stark Grafonola; including Grafonola
(1919) type D-2 and 14 selections $65.95
Phonograph Record The Craftsman Columbia; double disc $0.65
(1915)
136
THE VALUE OF A DOLLAR Selected Prices, 1915-1919
Phonograph Record Chicago Tribune Columbia; Ponselle’s first Butterfly record; $1.50
(1919) a record that justifies the critics’ acclaim of Ponselle
as the world’s greatest dramatic soprano
Financial Products & Services
Travelers’ Checks The World’s Work K. N. & K.; safer than currency to carry; experienced
(1917) travelers use them $0.50
Food Products
Candy Sears, Roebuck Pep-O-Mint Life Savers; a dainty confection $0.05/rl
(1917)
Cereal The Youth’s Quaker Oats; the best way to cut down your food
Companion cost is to breakfast on Quaker Oats
(1919) Regular size $0.12 to $0.13
Large size $0.30 to $0.32
Chewing Gum Sears, Roebuck Wrigley’s Doublemint; 25 packages to each box $0.73/box
(1917)
Latest prices of Toledo (Ohio) Lard, per pound $0.24
Ohio market Weekly Blade Corn, shelled, per bushel $1.75
(1917) Spring wheat, per bbl $15.50
Purina whole wheat, per bbl $15.00
Milk Chicago Daily Bowman Dairy Company perfectly pasteurized milk
Tribune Quart bottle $0.12
(1917)
Macaroni Today’s Housewife Skinner’s; made from the highest-grade Durum
(1917) wheat; cooks in 12 minutes $0.25
Peanut Sandwich The Playhouse National Biscuit Company, Peanut Sandwich—a generous
Playbill, spread of peanut butter between a slightly salted biscuit.
New York City Per box $0.10
(1916)
Puffed Rice American Magazine No other process makes whole-grain so easy to digest $0.15/box
(1917)
Puffed Wheat Today’s Housewife Puffed grains are all nutrition $0.15/box
(1917)
Radium Water Cohan and Harris Muidar Radium Water; Every glass of water
Theatre Program contains radium
(1917) Case of 50, 24-ounce bottles $25.00
Furniture
Bed and Mattress The Gentlewoman Spiegel, May, Stern Co.; Sturdy Steel Bed; Colonial
(1919) design, standard full size, springs and Restwell mattress $19.95
Bed Hearth and Home Feather; full weight 40 lbs $8.95
(1917)
Bookcase The World’s Work Lundstrom Universal; solid oak with disappearing
(1917) glass doors $8.00
Buffet Sears, Roebuck Colonial design; large double-door cupboard,
(1917) seasoned hardwood, imitation of
quarter sawn oak $14.95
Chair The Craftsman Reclining; with adjustable back and spring
(1915) cushion; with sheepskin cushions $37.00
Chair Sears, Roebuck Morris rocker; artificial black leather upholstery $7.45
(1917)
Chair Sears, Roebuck Washingtonian-style box-seat dining cushions; the
(1917) distinctive feature of this fine
chair is the extra-high curved back $4.95
Chair Sears, Roebuck Turkish rocker; artificial black leather $12.55
(1917)
Chiffonier Sears, Roebuck Six drawers with quarter-sawed veneer serpentine front $11.60
(1917)
137
Selected Prices, 1915-1919 THE VALUE OF A DOLLAR
Hall Furniture Rack Sears, Roebuck French bevel plate mirror $9.85
(1917)
Settee The Craftsman 7’ long, seat 34” deep and 16” high, back 36”
(1915) high; spring seat cushion of soft leather $96.50
Table The Craftsman Craftsman; fumed oak table is suitable for
(1915) library or living room $19.00
TeachCart Chicago Daily John A. Colby and Sons English TeachCart; finished
Tribune in old English walnut or brown mahogany $27.00
(1917)
Tea Wagon The Craftsman Willow; new designs in Willow $16.50
(1915)
Hotel Rates
Hotel Room The World’s Work Hotel Butler; Seattle, Washington; large airy rooms,
(1917) care without peer $1.00/day
Household Products
Canvas Shoe Cleaner Powell & Campbell Eagle Brand Nova; the perfect white cleaner $0.25/package
Catalogue
(1915)
Clock Sears, Roebuck Hanging wall regulator clock; eight-day
(1917) clock; 35” high, 12” dial $5.22
Clock Sears, Roebuck National Call 8-day; alarm; an eight-day
(1917) run on one winding $2.00
Ice Cream Freezer Today’s Housewife Auto vacuum; today’s method of making ice cream is
(1917) automatic, accurate and economical; there’s
no crank to turn—no labor $3.00
Kitchen Cabinet Sears, Roebuck Wilson; roll-curtain front cabinet $19.85
(1917)
Linoleum and Sears, Roebuck Seroco; cloth finish; puts a coating on
Floor Oil (1917) linoleum and drys hard $0.48/quart
Oil Hearth and Home Kibler’s All ‘Round; the oil with a thousand uses $0.25/bottle
(1917)
Oil Today’s Housewife 3-In-One; a little 3-in-One oil on a damp cloth will
(1917) restore the lustre and cause surface scratches to vanish $0.25
Polish Today’s Housewife O-Cedar; it cleans as it polishes $0.25
(1917)
Polish Sears, Roebuck Whittmore’s Albo; cleans and whitens canvas, duck,
(1917) NuBuck, and suede shoes $0.08
Rug Chicago Tribune Royal Wilton; 6’ x 9’ $43.50
(1919)
Sheet Sears, Roebuck White cotton; extra-quality regular length; 54” x 8” $1.07
(1917)
Soap The Asheville (NC) Grandma’s Powdered Soap; just a teaspoon replaces
Times the chipping, slicing and rubbing
(1919) Per box $0.05
Tablespoon Sears, Roebuck Salem; silver plate; Broadfield pattern; set of six $4.40/set
(1917)
Tapestry Sears, Roebuck Tallulla; worsted; 9’ x 12’ $16.85
(1917)
Toilet Paper Sears, Roebuck Sterling; large roll $0.07
(1917)
138
THE VALUE OF A DOLLAR Selected Prices, 1915-1919
Insurance Rates
Health Insurance The World’s Work Aetna; get $25 a week up to 52 weeks while you are ill $60.00/year
(1917)
Jewelry
Watch Sears, Roebuck Woman’s bracelet watch; 10-year gold filled case; fitted
(1917) with a 7-jewel imported movement $7.00
Meals
Dinner Cohan and Harris Murray’s, 42nd Street, just west of Broadway
Theatre Program Old Dominion Beefsteak Dinner $1.50
(1917)
Hot Dog American Chronicle Nathan’s hotdogs at Coney Island $0.05 each
(1999)
Lunch Cohan and Harris Murray’s Exceptional Luncheon, for tired shoppers and
Theatre Program theatergoers $0.70
(1917)
139
Selected Prices, 1915-1919 THE VALUE OF A DOLLAR
Automobile Cohan and Harris Standard “8”, The Magneto Equipped Eight;
Theatre Program built by steel masters famous for their railroad
(1917) rolling stock $2,450
Automobile The Craftsman King Motor Car; eight-cylinder, 40–45 hp; too successful
(1915) to change this year $1,350
Automobile Joseph J. Schroeder Jr. Chandler Six; leads in service, style, and price
The Wonderful World [cost in 1916] $1,295
of Automobiles
(1971)
Automobile Schroeder, Jackson Wolverine Eight; eight-cylinder car,
The Wonderful World goes from a walking pace to sixty miles per hour
of Automobiles [cost in 1916] $1,295
(1971)
Automobile Schroeder, Maxwell Touring Car; completely equipped, including
The Wonderful World electric starter and lights [cost in 1916] $915
of Automobiles
(1971)
Automobile Schroeder, Saxon Six; in the salesrooms of over 2,000 Saxon dealers
The Wonderful World throughout the country you will find Saxon Sixes
of Automobiles [cost in 1916] $815
(1971)
Automobile Schroeder, Allen; 37 hp, full-floating rear axle, large,
The Wonderful World easy-acting brakes [cost in 1917] $795
of Automobiles
(1971)
Automobile Schroeder, Briscoe 4-24; the car with the half-million-dollar motor
The Wonderful World [cost in 1917] $625
of Automobiles
(1971)
Automobile The World’s Work Chandler Six; seven-passenger touring car $1,395
(1917)
Automobile The World’s Work Chandler Six; four-passenger convertible coupe $1,995
(1917)
Automobile The World’s Work Franklin; runabout; 2,160 pounds $1,900
(1917)
Automobile The World’s Work Marion-Handley The Six Pre-Eminent Six-60; 7-passenger
(1917) touring, 125” wheel base $1,575
Automobile The World’s Work Paige Statford Six-51; 7-passenger car; the most
(1917) beautiful car in America $1,495
Automobile Schroeder, Studebaker Convertible Sedan; door window lowers
The Wonderful World into frame, others slide into individual compartments
of Automobiles under rear seat [cost in 1917] $1,700
(1971)
Automobile Schroeder, Willys-Knight Touring Sedan; rear glass lowers, other
The Wonderful World between rear seat upholstery and tonneau casing $1,950
of Automobiles [cost in 1917]
(1971)
Carbon Remover American Magazine Johnson; the engine laxative $1.00
(1917)
Musical Instruments
Clarinet Sears, Roebuck LaFayette; 15 keys, 2 rings, in the key of A, B flat, or E flat $18.45
(1917)
Player Piano Sears, Roebuck Beckwith; the versatility of this instrument makes it
(1917) one of the most desirable of all instruments for home use $397
140
THE VALUE OF A DOLLAR Selected Prices, 1915-1919
Other
Cup Sears, Roebuck Collapsible; aluminum; just the thing for school children $0.05
(1917)
Friction Tape Sears, Roebuck Insulating; for electric wires or bicycles $0.02
(1917)
Glue Hearth and Home Lepage’s; stronger than nails $0.10
(1917)
Home Building Today’s Housewife Montgomery Ward Ready Cut; all lumber, lath,
Materials (1917) shingles, doors, windows, frames, hardware, pipe, gutter
and painting materials for this pretty, roomy bungalow $548
House Barometer The World’s Work Tycos; make your own weather forecasts $10
(1917)
Ink Today’s Housewife Payson’s Indelible; ready for use with a common pen $0.25
(1917)
Interest Rate American Chronicle Interest paid on $2 billion in War Savings Certificates
(1999) and Liberty Loans to support World War I 3%
Mousetrap Sears, Roebuck Easy to set, a sure killer $0.02
(1917)
Printing Press American Magazine Multigraph Senior; produces real printing and
(1917) form-typewriting rapidly, economically, privately in your
own establishment; deluxe model $765
Telephone Call Milwaukee Journal Three-minute call from New York to San Francisco $20.70
(1916)
Telephone Call Milwaukee Journal Three-minute call from New York to Chicago $14.45
(1916)
141
Selected Prices, 1915-1919 THE VALUE OF A DOLLAR
Publications
Book The World’s Work Sea Warfare; Kipling master war correspondent $1.25
(1917)
Magazine Leslie’s Film Fun; puts you on speaking terms with your
(1919) favorite star
Per copy $0.15
Per year $1.50
Magazine The World’s Work The World’s Work; monthly $0.25
(1917)
Magazine The World’s Work Vanity Fair; monthly $0.25
(1917)
Newspaper Wall Street Journal Annual subscription $12.00
(1916)
Newspaper The Youth’s The Youth’s Companion; The Best of American Life in
Companion fiction, fact and comment; published weekly
(1919) Per year $2.00
Real Estate
Apartment Chicago Daily Seven-room apartment, three baths, overlooking Lake Michigan
Tribune Per month $175
(1917)
Apartment Chicago Daily Near elevated station; four-room flat, stove heat
Tribune Per month $12.00
(1917)
Apartment Building Chicago Tribune Highgrade 3-apartment building, Chicago; 1/2 block from
(1919) lake in Rogers Park $26,000
Boiler Shop Chicago Daily One story brick boiler shop; Halsted Street, Chicago $20,000
Tribune
Farm Toledo (Ohio) 160-acre farm with 15 acres of corn, 7 of wheat, 3 acres
Weekly Blade of potatoes, comfortable residence with telephone $4,500
(1917)
Farm Land Toledo (Ohio) Low terms for small or large tracts in Michigan’s fruit
Weekly Blade and clover belt
(1917) Per acre $15.00 to $25.00
(1917)
Fruit Farm Chicago Daily Fennville, Michigan 22-acre farm, 500 fruit trees $6,000
Tribune
(1917)
House The Asheville (NC) Nice house, five rooms with sleeping porch, good
Times neighborhood $4,200
(1919)
Land The Asheville (NC) Six lots in Norwood Park, frontage 250 feet; suitable
Times for handsome residence $6,500
(1919)
Land Chicago Tribune 180 acres, northern Wisconsin; dairy, grain, and stock farm,
(1919) near town, lake, and river $9,000
142
THE VALUE OF A DOLLAR Selected Prices, 1915-1919
Lot Chicago Daily Vacant corner lot fronting lake and Sheridan Road $40,000
Tribune
(1917)
Room Chicago Tribune The Gibsonia; Chicago, Illinois; single room; to rent,
(1919) beautiful large room, separate beds $4.00/week
Sports Equipment
Baseball Glove Sears, Roebuck J. C. Higgins Professional; pliable horsehide throughout $3.00
(1917)
Golf Bag Chicago Tribune 5”, canvas, leather trim, white or tan; regularly $5 $3.45
(1919)
Oil The Youth’s 3-in-One Oil; the right oil for guns $0.15
Companion 3 sizes, $0.25
(1919) East of Rocky Mountain states $0.50
Shotgun Sears, Roebuck Remington Repeating; six-shot takedown model made
(1917) in 12-gauge only $32.70
Tobacco Products
Cigarettes The Playhouse Murad, The Turkish Cigarette $0.15
Playbill,
New York City
(1916)
Cigarettes Cohan and Harris Egyptian Deities; The utmost in cigarettes
Theatre Program Plain end or cork tip, per box $0.25
(1917)
Cigars Chicago Tribune Cyro; the original idea of putting $0.15 worth of smoke in
(1919) a $0.10 cigar $0.10
Cigars Sears, Roebuck Berriman’s Handmade Havana; made at Tampa,
(1917) Florida; can of 25 cigars $1.27/can
Cigars Sears, Roebuck Sardou; the sweet domestic cigar; box of 50 $2.47/box
(1917)
Cigarettes Chicago Tribune Camel; expertly blended choice Turkish and choice
(1919) domestic tobaccos $0.18/pack
Tobacco Chicago Tribune Falk’s Serene Mixture; the great pipe smoke $0.15/package
(1919)
Toys
Hobby Horse Sears, Roebuck He longs to conquer the fiery steed when placed on
(1917) a rocking horse like this $2.98
Wooden Blocks Sears, Roebuck Consists of twenty painted square blocks on which are
(1917) Mother Goose nursery rhymes $0.79
143
Selected Prices, 1915-1919 THE VALUE OF A DOLLAR
144
THE VALUE OF A DOLLAR Miscellany, 1915-1919
MISCELLANY 1915-1919
What Price Doctors MARS adds 17,000 Millionaires to
Between 1917 and 1923, the eighteen general American List
hospitals reporting to the United Hospital Fund Recent estimates made public at Washington
increased their receipts for ward service from were that not fewer than 17,000 men and women
$1.46 to $2.67 per day. The average ward rates in the United States had graduated into the mil-
now charged in the majority of cases are between lionaire class in the last two years. It is estimated
$3 and $4. that not fewer than 7,000 of their number, and
New York Times, May 4, 1919 possibly 10,000, are residents of New York.
Chicago Tribune, April 19, 1919
Liquor and Prohibition
This is the time to acquire your wines and Gas Rates and Politics
liquors. Prices are advancing daily and will contin- As part of his campaign platform for City
ue to advance whether Prohibition becomes effec- Council, Charles A. Brady of Columbia, S.C.,
tive July 1, 1919, or January 20, 1920. Henry called for another gas and electric power compa-
Hollander 149–151 West 36th Street New York City. ny, for we need competition, as our rates are too
Imperial Gin $2.15 high as compared with other cities.
Doul Gin $2.30 For 1916, he listed electric current for resi-
Gordon Gin $2.45 dence use of 7¢ per KWH in Jacksonville, Fla., 10¢
Cocktail Rum $2.75 per KWH for Greenville, S. C., and 7¢ per KWH in
Bacardi Rum $3.20 New Orleans, La.
Allash Kummel $2.60 Gas prices for residence use were $1.15 per 1000
Old Bridgeport Whiskey $3.10 cu. ft. in Jacksonville, Fla.; $1.35 per 1000 cu. ft. in
Green Creme De Menthe $3.00 Greenville, S. C. and $1.10 per 1000 cu. ft. in New
Chicago Tribune, April 19, 1919 Orleans. The rates he was protesting in Columbia, S.
C. were 12¢ per KWH and $1.35 per 1000 cu. ft. of gas.
Campaign Flier
145
Miscellany, 1915-1919 THE VALUE OF A DOLLAR
MISCELLANY 1915-1919
The Price of Fixing
Before 1919 the fixing of baseball games for
betting purposes was by no means unheard of.
But in that year it went too far: the ‘unthinkable’
happened; a World Series was fixed by eight star
players for the Chicago White Sox. Testimony
showed that most of the players had gotten
$5,000 for their parts in the fix, while Chicago
first baseman Charles Arnold ‘Chick’ Gandil had
kept $35,000 for himself.
The Encyclopedia of American Crime
146
1920-1939
Return to “Normalcy,” the Great Depression, and Recovery
PRESIDENTS
Warren G. Harding † 1921-1923
Calvin Coolidge 1923-1929
Herbert Hoover 1929-1933
Franklin D. Roosevelt † 1933-1945
† died in office
he second twenty years of the twentieth century wartime mobilization usually remained in the work
147
Background, 1920-1939 THE VALUE OF A DOLLAR
blacks were excluded from the economic giddiness of Despite continued assurances to the contrary
the period. Union membership declined throughout from government and business leaders, the crash of
the 1920s, canceling the gains of the war years, 1929 was not simply a correction of inflated values.
despite a rapidly expanding work force. Labor strikes Farm income was cut in half. Members of the middle
also declined during the period from a peak of 4,450 class lost their savings, their houses, their jobs, and
in 1917 to 732 in 1927. their hope. President Hoover, the great humanitarian
American exports more than doubled during the of 1928, became regarded as the dupe. The stage was
decade; heavy imports of European goods were vir- set for change and the New Deal as presented by
tually halted, a reversal of the progressive move- Franklin D. Roosevelt.
ment’s flirtation with free trade. Immigration laws Roosevelt’s first series of social experiments was
were increasingly restrictive during the 1920s. The characterized by Relief, Recovery, and Reform. This
1924 National Origins Act limited immigration from program carried two key objectives: to raise prices
each country to a percent of its proportional popula- by restricting output while controlling competition,
tion of resident aliens based on the census of 1890. It and to inflate the dollar. Believing that the expansion
cut immigration to a trickle. of the United States economy was finished, the
In 1929 America appeared to be in an era of Roosevelt administration paid attention to better dis-
unending prosperity. U.S. goods and services tribution and planned production. The Civilian
reached an all-time high. Industrial production rose Conservation Corps (CCC), for example, put 250,000
50 percent during the decade as the concept of mass jobless young men to work in the forests at $1 a day.
production was refined and broadly applied. The sale By 1935 government deficit spending spurred eco-
of electrical appliances, radios, refrigerators, and nomic change. By 1937 total manufacturing output
other durable goods skyrocketed. Consumers were exceeded that of 1929; prices and wages rose briskly.
able to purchase newly produced goods through the Inflation fears forced curtailed spending and restric-
extended use of credit. Debt accumulated faster than tions on bank lending, driving the Depression into a
wealth. By 1930 personal debt had increased to one- serious dip in the late 1930s.
third of personal wealth. During the second half of the 1930s social secur-
The next decade, following the nightmare on Wall ity began, and estate and gift taxes were increased, as
Street in October 1929, was marked by economic were the income taxes of large corporations.
paralysis: bank failures, railway insolvency, high Organized labor, which hit a low point in 1933, gained
unemployment, closed factories, and sharply expanded rights to organize and rapidly began to use
reduced foreign trade. By 1932 one in four Americans its new-found muscle. Despite progress, 10 million
was jobless. One of every four farms was sold for workers were still unemployed in 1938, and farm
taxes. Five thousand banks closed their doors. prices lagged far behind manufacturing progress. Full
Durable goods production did not regain the 1929 recovery would not occur until the United States
peak until 1940. Prosperity had disappeared. mobilized for World War II.
1920 $10.42
1923 $12.20
1925 $11.90
1927 $11.90
1929 $12.20
1930 $12.35
1933 $15.87
1935 $15.38
1937 $14.49
1939 $14.93
148
THE VALUE OF A DOLLAR Historical Snapshot, 1920-1924
HISTORICAL SNAPSHOT
1920-1924
1920 Salt iodized with potassium iodide A. C. Nielsen Company founded
Chanel No. 5 perfume introduced Cigarette consumption reaches 43 Chicago Radio Laboratory,
Youngs Rubber Company is billion cigarettes founded in 1918, is incorporated as
founded to make Trojan brand Arrow shirt introduced to meet Zenith Radio Corporation
condoms demand for collar-attached shirts 10 automakers account for 90 per-
Flour consumption falls to 179 cent of sales; 108 companies pro-
pounds per capita from 224 1922 ducing cars
pounds in 1900, as meat, fish, and New York’s Delmonico’s Hertz Drive Ur Self System
vegetable consumption rises Restaurant closes founded; creates world’s first auto
Baby Ruth candy introduced by Thom McAn shoe store introduces rental concern
Curtiss Candy Company, priced at mass-produced shoes sold through
5 cents chain store for $3.99 per pair 1924
Coca-Cola sales exceed $4 million California becomes year-round Thirty percent of bread baked at
World sugar price drops from 30 source of oranges home, down from 70 percent in 1910
cents per pound to 8 cents Most farmers in deep depression First effective chemical pesticides
The Volstead Act, enforcing na- First commercially prepared baby introduced
tional prohibition of alcohol, goes food marketed American Mercury begins publica-
into effect Camden, NJ canning company, tion
Soybean harvest reaches 1 million founded in 1869, changes name to Radio set ownership reaches 3 mil-
bushels Campbell’s Soup Company lion
Mah-jongg craze sweeps nation, James Buchanan “Buck” Duke
1921 game sets outsell radio donates $47 million to Trinity
Drano drain cleaner introduced College at Durham, NC, which
Wise Potato Chips introduced by 1923 changes its name to Duke
Berwick, PA, grocer Earl V. Wise Popsicle patented under name Ford produces 2 million Model T
Mounds candy bars introduced by Epsicle motorcars; price of touring car
the Peter Paul Manufacturing Butterfinger candy bar created falls to $290
Company and marketed by dropping para- Dean Witter and Company founded
Molasses prices drop to 2 cents chuted bars from airplane Maxwell Motor Corporation (run
per gallon, down from 20 cents Commercially canned tomato juice by Walter Chrysler), Ford, and
Wholesale butter prices fall to 29 marketed by Libby McNeill & Libby General Motors produce approxi-
cents per pound, down from its First practical electric shaver mately 80 percent of U. S. cars
wartime high of 76 cents patented by Schick
149
Selected Income 1920-1924 THE VALUE OF A DOLLAR
Actor Legrand and Karney, Weekly income of Rudolph Valentino after the release
Chronicle of the of the silent movie The Sheik in 1921 $1,250
Cinema
(1995)
Bookkeeper San Francisco $115/wk
Examiner
(1921)
Classical Concert Guinness Book of Single year earnings of classical pianist Ignace
Pianist World Records Jan Paderewski $500,000
(1922) (1981)
Clearing House Clerk San Francisco Bank $70/wk
Examiner
(1921)
Clerk Chicago Tribune Young man; bright; willing; experienced at figures $22/wk to start
(1920)
Clerk Chicago Tribune Young men 16 and 21; junior clerical position; excellent
(1920) chance to learn profession while you earn a salary $14-16/wk
Clerk Chicago Tribune Good at figures, reliable, and willing to work some
(1922) evenings; office experience helpful but not necessary $35/wk
House Messenger Chicago Tribune A boy who wants to start as a house messenger and
(1920) junior stock clerk, where he can develop and earn a
good salary, will find a splendid opportunity now $17/wk
Industrialist American Chronicle Billionaire manufacturer Henry Ford’s daily income
(1999) in 1922 $264,000
Mechanical Chicago Tribune Experienced, preferably with railway experience $225/mo
Draftsman (1920)
Miscellaneous Chicago Tribune Boys and young men mechanically inclined; no
(1920) experience required; steady employment $15–25/wk
Office Boy Chicago Tribune Where is there an office boy with some AMBITION, who
(1920) wants a good position in an advertising office? $12/wk
Porcelain Chicago Tribune Man—young to learn porcelain work $15/wk
(1920)
Sales Chicago Tribune No experience necessary; we train you and assist you
(1920) to make big money $80–300/wk
Sales Chicago Tribune Ambitious and energetic young man 20 years old;
(1920) married; College education; 5 years successful record
in sales promotion $65/wk
Sales Chicago Tribune Men; have openings for some live young men on special
(1922) house-to-house work satisfied with $32 to start;
selling experience not necessary $32/wk
Sales Chicago Tribune Work with manager on renewals, 20 popular magazine $40/wk
(1922) clubs
Sales Chicago Tribune Jewish of good personality to represent the largest Jewish
(1922) publishing house in the world; our work makes an appeal
to all classes of Jews and we can offer you exclusive
territory and leads $100–$125/wk
Secretary Chicago Tribune Situation wanted: steno and dictaphone operator;
(1920) 10 years’ experience $30–35/wk
150
THE VALUE OF A DOLLAR Selected Income 1920-1924
Job Source Description Pay
151
Consumer Expenditures, 1920-1924 THE VALUE OF A DOLLAR
152
THE VALUE OF A DOLLAR Investments, 1920-1924
INVESTMENTS 1920-1924
Investment 1920 1921 1922 1923 1924
Basic Yield, One-year Corporate Bonds 6.11 6.94 5.31 5.01 5.02
Short-term Interest Rates, 4–6 Months,
Prime Commercial Paper 7.50 6.62 4.52 5.07 3.98
Basic Yield, Common Stocks, Total 6.13 6.49 5.80 5.94 5.87
Index of Common Stocks (1941⫺1943⫽10) 7.98 6.86 8.41 8.57 9.05
COMMON STOCKS, CLOSING PRICE AND YIELD, FIRST BUSINESS DAY OF YEAR
153
Standard Jobs, 1920-1924 THE VALUE OF A DOLLAR
Average of All Industries, excl. farm labor $1489/yr $1349/yr $1305/yr $1393/yr $1402/yr
Average of All Industries, inc. farm labor $1407/yr $1233/yr $1201/yr $1299/yr $1303/yr
Bituminous Coal Mining 85¢/hr 83¢/hr 86¢/hr 81¢/hr 78¢/hr
Avg hrs/wk 48.20 48.40 48.40 48.50 48.20
Building Trades, Union Workers $1.08/hr $1.01/hr $1.11/hr $1.19/hr $1.05/hr
Avg hrs/wk 43.80 43.80 43.90 43.80 43.80
Clerical Workers in Mfg. & Steam RR $2160/yr $2134/yr $2067/yr $2126/yr $2196/yr
Domestics $655/yr $649/yr $649/yr $711/yr $732/yr
Farm Labor $810/yr $522/yr $508/yr $572/yr $574/yr
Federal Civilian $1707/yr $1683/yr $1694/yr $1704/yr $1747/yr
Federal Employees, Executive Depts. $1648/yr $1593/yr $1625/yr $1658/yr $1708/yr
Finance, Insurance, & Real Estate $1758/yr $1860/yr $1932/yr $1896/yr $1944/yr
Gas & Electricity Workers $1432/yr $1364/yr $1343/yr $1339/yr $1417/yr
Lower-Skilled Labor $1207/yr $780/yr $807/yr $984/yr $1128/yr
Manufacturing, Payroll 47¢/hr 44¢/hr 49¢/hr 50¢/hr 56¢/hr
Avg hrs/wk 52.70 53.40 53 52.10 53.50
Manufacturing, Union Workers 88¢/hr 92¢/hr 87¢/hr 91¢/hr 97¢/hr
Avg hrs/wk 45.70 46.10 46.20 46.30 46.10
Medical/Health Services Workers $752/yr $983/yr $912/yr $845/yr $845/yr
Ministers $1556/yr $1428/yr $1622/yr $1620/yr $1678/yr
Nonprofit Org. Workers $1286/yr $1392/yr $1446/yr $1454/yr $1507/yr
Postal Employees 76¢/hr 75¢/hr 76¢/hr 78¢/hr 74¢/hr
Avg hrs/wk 47.40 47.40 47.20 47.20 48.00
Public School Teachers $970/yr $1109/yr $1206/yr $1239/yr $1269/yr
State and Local Govt. Workers $1164/yr $1296/yr $1316/yr $1336/yr $1346/yr
Steam Railroads, Wage Earners $1817/yr $1632/yr $1591/yr $1585/yr $1570/yr
Street Railway Workers $1608/yr $1539/yr $1436/yr $1493/yr $1544/yr
Telegraph Ind. Workers $1159/yr $1145/yr $1110/yr $1133/yr $1150/yr
Telephone Ind. Workers $980/yr $1038/yr $1064/yr $1069/yr $1104/yr
Wholesale and Retail Trade Workers $1270/yr $1260/yr $1261/yr $1272/yr $1314/yr
154
THE VALUE OF A DOLLAR Food Basket, 1920-1924
Beans, Navy, per pound 1920 12¢ 13.50¢ 11.60¢ 12.70¢ 9.90¢
1921 8.90¢ 10¢ 7.90¢ 9.10¢ 8¢
1922 10¢ 11.10¢ 9.80¢ 10.10¢ 9.10¢
1923 11.60¢ 12.80¢ 11.10¢ 12.10¢ 9.80¢
1924 10.80¢ 12.30¢ 9.90¢ 11¢ 9.50¢
Beef, Rib Roasts, per pound 1920 40.50¢ 30.70¢ 33.50¢ 28.40¢ 30¢
1921 36.40¢ 27.40¢ 30.20¢ 23.60¢ 29.30¢
1922 35.30¢ 26.70¢ 28.80¢ 22.90¢ 28.30¢
1923 36.30¢ 26.90¢ 30.20¢ 22.40¢ 28.10¢
1924 36.90¢ 26.60¢ 31.60¢ 22.20¢ 28.80¢
Beef, Steaks (Round), per pound 1920 47.30¢ 36.70¢ 34.70¢ 34.20¢ 32.40¢
1921 41.30¢ 32.80¢ 31¢ 27.20¢ 29.90¢
1922 39.60¢ 31.20¢ 29.10¢ 25.80¢ 28.20¢
1923 40.80¢ 30.90¢ 31.50¢ 26.40¢ 27.60¢
1924 40.40¢ 31.80¢ 32.10¢ 26.50¢ 29.10¢
Bread, per loaf 1920 11.70¢ 12.20¢ 11.60¢ 11.80¢ 10.10¢
1921 10.30¢ 11.10¢ 10.30¢ 10.30¢ 9.30¢
1922 9.50¢ 9.90¢ 9.70¢ 8.30¢ 9¢
1923 9.60¢ 9.10¢ 9.70¢ 8¢ 9¢
1924 9.50¢ 9.10¢ 9.80¢ 7.80¢ 8.80¢
Butter, per pound 1920 70.50¢ 73.30¢ 63.40¢ 64.80¢ 68.90¢
1921 52.40¢ 54.10¢ 48.90¢ 47¢ 52.40¢
1922 48.00¢ 49.10¢ 45.20¢ 42.60¢ 51.80¢
1923 55.50¢ 56.40¢ 53.50¢ 51.10¢ 57.50¢
1924 52.20¢ 53.80¢ 49.80¢ 47.30¢ 52.50¢
Cheese, per pound 1920 42.10¢ 40.20¢ 42.20¢ 43.90¢ 43.90¢
1921 35.40¢ 32.70¢ 37¢ 36.10¢ 38.20¢
1922 33.30¢ 32.40¢ 35¢ 35.10¢ 36.10¢
1923 37.90¢ 35.80¢ 40.20¢ 38.60¢ 37.40¢
1924 37.10¢ 33.30¢ 39.20¢ 37.40¢ 38.20¢
Chickens, per pound 1920 43.50¢ 39.50¢ 41.60¢ 40.80¢ 49¢
1921 42.10¢ 33.80¢ 36.70¢ 35.60¢ 44.80¢
1922 37.40¢ 31.30¢ 33.70¢ 30.70¢ 41.30¢
1923 36.10¢ 31.30¢ 32.80¢ 29.20¢ 39.70¢
1924 37.60¢ 31.80¢ 34¢ 29.40¢ 40.20¢
Coffee, per pound 1920 43.10¢ 50.30¢ 39.70¢ 48¢ 44.80¢
1921 32.40¢ 34.60¢ 33.60¢ 36.40¢ 37.90¢
1922 33.50¢ 35.90¢ 34.50¢ 35.50¢ 38¢
1923 34.80¢ 37.10¢ 38¢ 36.60¢ 39.50¢
1924 40.80¢ 42.40¢ 43.90¢ 42¢ 47.80¢
Cornmeal, per pound 1920 7.90¢ 5.50¢ 6.80¢ 5.80¢ 7.50¢
1921 6.50¢ 3.40¢ 6.10¢ 3.50¢ 5.20¢
1922 5.40¢ 2.90¢ 5.20¢ 3.10¢ 4.30¢
1923 5.40¢ 3.60¢ 5.30¢ 3.30¢ 4.40¢
1924 5.80¢ 4¢ 5.60¢ 3.60¢ 4.70¢
Eggs, per dozen 1920 78¢ 69¢ 71.20¢ 63.40¢ 64.50¢
1921 1.80¢ 44.60¢ 48.90¢ 47.20¢ 50.20¢
1922 53.70¢ 38.30¢ 42.70¢ 40.70¢ 44.80¢
1923 57.10¢ 41.40¢ 46¢ 42.10¢ 46.50¢
1924 57.80¢ 43.70¢ 47.80¢ 43.60¢ 46.40¢
155
Food Basket, 1920-1924 THE VALUE OF A DOLLAR
157
Selected Prices, 1920-1924 THE VALUE OF A DOLLAR
Advertising
Advertising Budget Roland Marchand, Crane Company (plumbing supplies) $79,000/year
Advertising the budget for 1921
American Dream
(1985)
Advertising Budget Marchand, Maxwell House coffee; for magazine advertisements $19,955/year
Advertising the in 1921
American Dream
(1985)
Apparel, Children’s
Baseball Outfit Sears, Roebuck Boy’s; quality gray cotton flannel with maroon stripes $1.79
(1924)
Bathing Suit B. Altman & Co. One-piece; wool jersey in white and navy blue, white-
(1923) and-rose, or white and copenhagen $2.95
Camping and B. Altman & Co. Girl’s; khaki-colored twill, includes coat, knickers and
Hiking Suit (1923) wrap-around skirt $14.50
Dress B. Altman & Co. Girls; middy; cotton twill, lacing in front, patch pocket $1.55
(1923)
Children’s Shoes The Youth’s Selz Liberty Bell Shoes; save your children from $5.00 and up
Companion the foot miseries most adults know
(1920)
Dress B. Altman & Co. Baby’s; hand-made; long; of nainsook, hand tucks,
(1923) and hand-hemstitching formed yoke $2.95
Frock B. Altman & Co. Girl’s; cotton voile, belted with smocking $3.85
(1923)
Nightrobe B. Altman & Co. Baby’s; of cotton stockinette, drawstring at bottom,
(1923) one year $0.95
Romper B. Altman & Co. Boy’s; of chambray in cadet blue on tan $1.35
(1923)
Sailor Suit B. Altman & Co. Boy’s; French blouse; unbleached jean with black $3.25
(1923) trimming
Shoes B. Altman & Co. Lace; of dark tan calfskin, sizes 7 to 11 $4.50
(1923)
Shoes B. Altman & Co. Keds; boy’s; of heavy white or brown duck; Goodyear
(1923) glove band $0.75
Skirt B. Altman & Co. Baby’s; long; of nainsook, ruffle of embroidery $0.85
(1923)
Suit Chicago Tribune Starr Best; boy’s wash; of plain blue denim trimmed
(1920) with lighter blue $2.95
Suit B. Altman & Co. Boy’s; regulation middy; elaborately trimmed with
(1923) embroidery and taping; yoke, black silk tie $2.95
Apparel, Men’s
Bathing Suit B. Altman & Co. Of worsted; in black or navy blue $5.00
(1923)
Collars Sears, Roebuck Vanderbilt style; soft; points 2 1/4”; back 1 1/2”;
(1920) package of six $1.25/package
Handkerchiefs B. Altman & Co. Plain; white lawn, shirred, hemstitched $1.80/dozen
(1923)
Hose B. Altman & Co. Ribbed wool; half hose; for tennis in white $1.50/pair
(1923)
158
THE VALUE OF A DOLLAR Selected Prices, 1920-1924
Hose B. Altman & Co. Lisle; half hose; black, white, cordovan, gray, navy, $0.75/pair
(1923) blue, tan
Riding Breeches B. Altman & Co. Tan linen crash, with full reinforcement of the material $12.00
(1923)
Shirt Chicago Tribune Manhattan; white Oxford; you’re going to like this
(1922) shirt a lot $2.75
Shirt B. Altman & Co. Polo; white Oxford, with collar attached $2.50
(1923)
Shoes Chicago Tribune Henry L. Lytton & Sons Palm Beach Oxford; made in
(1920) custom or medium broad toes with solid leather soles $7.00
Shoes B. Altman & Co. Brogue Oxford; of tan or black Norwegian grain leather $8.50/pair
(1923)
Slippers B. Altman & Co. Of brown or black leather $3.65
(1923)
Suit Chicago Tribune Hart Schaffner & Marx; silk lined; made to sell at $75,
(1920) $80, $85 $50.00
Suit Chicago Tribune Gold and Sports; four-piece suits in imported and
(1922) domestic tweeds $45.00
Tie Sears, Roebuck Fancy knit; of fiber silk $0.39
(1924)
Undershirt B. Altman & Co. White cotton, gauze-weight, sleeveless $0.75
(1923)
Underwear Collier’s B.V.D. knee-length drawers; tailored with balance and
(1924) grace
Each $0.85
Union Suit B. Altman & Co. White plaid, madras, sleeveless, knee length; $1.15
(1923) webbing at back
Union Suit National Geographic BVD; there is only one BVD underwear $1.50
Magazine
(1924)
Work Shoe Kalamazoo Stove Co. A sturdy genuine brown all-leather, dairy-proof shoe
(1923) that gives you dependable and long wear $3.45
Apparel, Women’s
Apron Sears, Roebuck Waterproof; made of cotton material coated with high-
(1920) grade composition rubber $0.98
Bathing Suit B. Altman & Co. Black sports stain, trimmed with colored stitching $8.50
(1923)
Bloomers B. Altman & Co. Tailored silk model in pink, black or orchid $3.95
(1923)
Bloomers B. Altman & Co. Mercerized cotton; white or pink $1.10
(1923)
Blouse Sears, Roebuck Silk crepe de chine; a very special value in a stylish and
(1920) well-made garment; narrow pin tucks down front panel $4.95
Blouse San Francisco Forsythe blouse; favorites for tailored and sports wear $2.95
Examiner
(1921)
Boudoir Cap B. Altman & Co. Cream net, the crown trimmed with ruffles of
(1923) Valenciennes lace $2.95
Boudoir Sacque B. Altman & Co. Valenciennes; a slipover model of Georgette crepe $6.95
(1923)
Brassiere Sears, Roebuck In camisole style $0.79
(1920)
Cap B. Altman & Co. Maid’s cap; fluted white organdie, black ribbon $0.45
(1923)
159
Selected Prices, 1920-1924 THE VALUE OF A DOLLAR
Cape Chicago Tribune The Resale Shop; made of genuine American mink $55.00
(1922)
Coat B. Altman & Co. Tailored wool; double breasted, trimmed with
(1923) leather-covered buttons $12.75
Corselet and B. Altman & Co. Pink batiste; very long, with deep elastic gores of
Brassiere (1923) hips and back $3.00
Combination
Corset B. Altman & Co. Fasso; silk; pink figured batiste, daintily trimmed top
(1923) and bottom with fine net ribbon and silk flowers $20.50
Dress New York Times Lehman; cotton; over 300 voiles, crepes, dotted swisses,
(1923) linens, and chintzes dramatically reduced $14.00
Dress B. Altman & Co. Flowered Georgette crepe; for afternoon wear with wide
(1923) flowering sleeves that reveal a bit of the arm $49.50
Fan B. Altman & Co. Uncurled ostrich feathers mounted on three amber-
(1923) colored sticks, in coral, jade, turquoise blue, or
American beauty $7.75
Frock B. Altman & Co. Checked gingham smartly trimmed with novelty edging
(1923) of white organdie $5.75
Frock B. Altman & Co. The chiffon falling in soft panels on each side, and
(1923) dipping below the skirt give something of an Oriental
touch for evening wear $39.50
Frock B. Altman & Co. Cotton voile; the skirt is made with a plaited apron front,
(1923) irregular in outline, and with panels at the back, which
are plaited and these are all trimmed with ribbon $13.25
Frock B. Altman & Co. Black silk braid of interesting design on this frock of
(1923) navy-blue wool twill $29.75
Gloves B. Altman & Co. Marvex; suede and kidskin; eight-button length $5.50
(1923)
Gown New York Times Lingerie; the workmanship is exquisite with lace $88.00
(1923)
Handbag B. Altman & Co. Striped moire silk; silk lined throughout; inside
(1923) compartment and mirror $4.90
Hat Chicago Tribune Silk Sport; fashioned in this season’s smartest styles $13.75
(1920)
Hat B. Altman & Co. Straw and tafetta; with a slightly rolled brim all around $10.50
(1923)
Hose B. Altman & Co. Cotton; semi-fashioned, black, white, or African brown $0.35
(1923)
Hose B. Altman & Co. Silk; gossamer weight in black, white, and the fashionable
(1923) colors $3.95
Hose Chicago Tribune O’Connor & Goldberg; pure silk; with semi-fashioned $1.59
(1920) seam
Nightrobe B. Altman & Co. Nainsook trimmed with medallions of embroidery and
(1923) Valenciennes lace $1.95
Outercoat B. Altman & Co. Coat of bandella cloth, an all-wool material, closing with
(1923) ornamental clasp at the left side $75.00
Overblouse B. Altman & Co. Crepe de chine of heavy quality with contrasting
(1923) embroidery of individual design $18.50
Nightrobe B. Altman & Co. Nainsook trimmed with medallions of embroidery
(1923) and Valenciennes lace $1.95
Pajamas B. Altman & Co. Silk; washable; pointed effect at lower edge $7.95
(1923)
Panel Collar B. Altman & Co. Detachable; cream embroidered net $3.50
(1923)
Pantalet B. Altman & Co. Cotton gauge; low neck and sleeveless $0.55
(1923)
160
THE VALUE OF A DOLLAR Selected Prices, 1920-1924
Parasol Umbrella Sears, Roebuck Rain or shine; eight-rib paragon steel frame $5.95
(1920)
Petticoat B. Altman & Co. Radium silk; trimmed with lace insertion and lace edge $6.85
(1923)
Robe B. Altman & Co. Eiderdown; in blue, with collar, cuffs and pockets in
(1923) blue-and-white checked material $6.75
Sandals New York Times Novelty; strap with military, Cuban, and Louis XVI heels $9.95
(1923)
Shoes B. Altman & Co. Sports Oxford; tie; of white buckskin with patent-leather
(1923) apron, rubber soles and heels $11.50
Skirt San Francisco Wool sports skirts; plaids and stripes $14.95
Examiner
(1921)
Slip B. Altman & Co. Plaited meteor trimmed with wide Valenciennes lace $9.75
(1923)
Slippers B. Altman & Co. Of patent leather $7.50
(1923)
Suit Sears, Roebuck Tailored; all-wool double-twisted warp serge $27.95
(1920)
Suit B. Altman & Co. Tweed; comprising coat, suit, and knickers—making a
(1923) serviceable and smart three-piece suit for sports $36.50
Suit B. Altman & Co. Three-piece; both the cape and one-piece dress being of
(1923) black canton crepe richly embroidered in black $90.00
Sweater New York Times R. H. Macy & Co.; sleeveless; coatee model of mohair and
(1923) fiber, with novel collar $10.74
Undergarment B. Altman & Co. Combination of Nainsook, knickbocker drawers, drop $1.45
(1923) seat
Union Suit Sears, Roebuck Elastic-ribbed cotton, double-body, heavyweight $1.65
(1920)
Vest B. Altman & Co. Silk chemise; machine scalloped and embroidered, in
(1923) pink, peach color, or orchid, length 21” and 23” $3.95
Work Boot Sears, Roebuck Cromax; leather sole; guaranteed to wear six months $3.98
(1920)
Appliances
Carpet Sweeper The Literary Digest Bissell Sweeper, get ten years’ of quick, thorough, $5.00
(1924) easy sweeping
Electric Cooker Kalamazoo Stove Co. Kalamazoo; automatic; like an electric range—cooks,
(1923) bakes, roasts, fries, boils and toasts; just turn the
switch and let the electricity heat the food $28.85
Electric Percolator Kalamazoo Stove Co. Coffee tastes better when percolated; 9 cup size $7.15
(1923)
Fountain Percolator Kalamazoo Stove Co. Kalamazoo; six-cup size, aluminum, comes with spreader
(1923) and valve $3.87
Gas Grill National Geographic American Kampkook; plan to take kitchen convenience
Magazine with you on your vacation; deluxe model $15.00
(1924)
Heating Unit Kalamazoo Stove Co. Vulcan Utility; with warm and cold air through one big
(1923) register; it has long been one of our most popular styles $84.65
Iron Kalamazoo Stove Co. Kalamazoo Comfort; gasoline; the comfort is ready for use
(1923) half a minute after lighting $4.45
Laundry Stove Kalamazoo Stove Co. Kalamazoo; you can cook and heat irons at the same
(1923) time—thereby saving fuel $8.85
Oil Heater Kalamazoo Stove Co. Kalamazoo; take the chill out of cold rooms; light
(1923) and convenient $4.95
Range Kalamazoo Stove Co. Kalamazoo Emperor; Blue-enamel brass with nickel;
(1923) improved high closet with smoke pipe behind the clear
white-enameled splasher back
Cash price $72.25
Credit price $79.25
161
Selected Prices, 1920-1924 THE VALUE OF A DOLLAR
Range Kalamazoo Stove Co. Kalamazoo Prince; porcelain blue enamel; burns all fuels,
(1923) regularly furnished with duplex grates for burning soft
coal, wood, or coke
Cash price $84.95
Credit price $93.45
Refrigerator Kalamazoo Stove Co. Kalamazoo North Star; white, enamel-lined; a dandy
(1923) little food saver at a little price $27.95
Refrigerator Kalamazoo Stove Co. All steel; for lifetime service, ice capacity 100 pounds $56.95
(1923)
Table Stove The World’s Work Armstrong; cooks three things at once, makes waffles $12.50
(1923) too
Vacuum Cleaner Kalamazoo Stove Co. Kalamazoo; put pleasure into your house work;
(1923) safe for your rugs $33.95
Waffle Iron The World’s Work Armstrong; electrical dealers in your town will be glad
(1923) to show you $4.00
Washer Kalamazoo Stove Co. Kalamazoo; an electric washer founded upon a washing
(1923) principle that has been tried and proven in the largest
steam laundries—with the revolving wooden cylinder;
capacity, six sheets or equal amount of other clothes $112.50
Wood Heater Kalamazoo Stove Co. Kalamazoo Star; truly a dandy little air-tight parlor
(1923) heater; made to burn wood only $17.80
Baby Products
Baby’s High Chair B. Altman & Co. Of white-enameled reed $7.00
(1923)
Crib B. Altman & Co. White-enameled metal, drop sides, 28” x 52” $17.50
(1923)
Portable Bathtub B. Altman & Co. Rubber, with faucet at the bottom made on a wooden
(1923) folding frame in natural color $5.75
Wardrobe B. Altman & Co. Baby’s; white-enameled wicker, with folding drawers $24.50
(1923)
Education
College Tuition The Progressive Clemson College, S. C., for students seeking classes
Farmer in agriculture
(1924) Per session $40.00
Dance Lessons San Francisco Ladies taught by gentlemen; per couple $1.00
Examiner
(1921)
162
THE VALUE OF A DOLLAR Selected Prices, 1920-1924
Entertainment
Swimming Lessons New York Times Madison Square Garden Gymnasium; largest swimming
(1923) pool in United States $5/6 lessons
Theater Ticket Chicago Tribune Colonial Theatre Musical Review; Raymond Hitchcock
(1920) in his all-new musical review Hitchy Koo 1919; matinees $2.00
Theater Ticket New York Times Globe Plays; fifth annual production of George White’s
(1923) Scandals; best seats $2.50
Entertainment, Home
Camera Collier’s Autographic Kodak Camera; you’ll get good pictures
(1924) from the first $6.50 and up
Camera The Mentor Kodak No. 1; autographic; exposures as fast as
(1923) 1/200 of a second $50.00
Game Sears, Roebuck Mah-jongg; the royal game of China that is sweeping the
(1923) country like wildfire; ivory pyrain tiles, mahogany box
with five compartments $22.95
Poker Set B. Altman & Co. In small leather case, with 100 chips, two packs of
(1923) playing cards and book of rules $6.25
Radio New York Times Crosley 50; Oh, boy! There’s London! Last night I had
(1923) Honolulu and the night before that Puerto Rico $14.50
Records The National Victor Records featuring The Philadelphia Orchestra;
Geographic Magazine Carmen—Prelude to Act I and March of the Caucasian,
(1924) double-faced $1.50
Talking Machine The National Victrola No. 405; walnut case, electric $290
Geographic Magazine
(1924)
Table Covers The World’s Work For Mah-jongg; well made of green, heavy felt, to exactly
(1923) fit any 30” card table top $5.00
Talking Machine The World’s Work Victrola; Victor Talking Machine Co., Camden,
(1923) New Jersey; place your order now while all the 21
instrument styles are available $25 and up
Talking Machine National Geographic Victrola; mahogany, oak or walnut cabinet $125
Magazine
(1924)
Food Products
Biscuits National Geographic Huntley & Palmers; the sweetmeats of kings;
Magazine special package $1
(1924)
Champagne New York Times R. H. Macy’s Mount Zircon Ginger Champagne; bottles
(1923) by the Moon Tide Spring in Mount Zircon $0.19
Chocolate World’s Work Wilbur Buds; exquisite morsels of vanilla chocolate,
(1923) wrapped in pure tin foil $1.00/1 pound
Chocolate Bars Sears, Roebuck Hershey’s; 24 sweet milk bars $0.98
(1922)
Coffee New York Times Macy’s Vienna Brand; a rich and delicious blend of
(1923) South American Coffees $0.34/lb
Condensed Soup National Geographic Campbell’s; look for the red and white label; 21 kinds $0.12/can
Magazine
(1924)
Curry Powder New York Times R. H. Macy Madras; our own importation from India $0.29/half-lb
(1923)
Eggs Rhode Island Red S.C. Red; eggs from special color matching for the
Journal Southern trade fall hatching $5.00/15
(1923)
French Peas New York Times Marceau Brand; regular size tins; extra fine $0.37
(1923)
Gum Sears, Roebuck Wrigley Juicy Fruit $0.39/10 pkgs
(1922)
Instant Coffee National Geographic G. Washington’s; even the best roasted coffee can be
Magazine spoiled in the making; why risk failure? $0.10
(1924)
Olives New York Times La Forge Stuffed Spanish Queen; stuffed with red $0.29
(1923) peppers
Salmon New York Times Lily White; Columbia River fine quality: No. 1 flat can $0.44
(1923)
Tenderloin Steak San Francisco From “A” No. 1 prime steer beef $0.55/pound
Examiner
(1921)
Furniture
Bookcase Chicago Tribune Sectional; sections are 9” x 11” and 13” $4.80
(1922)
Chest Kalamazoo Stove Co. Beautiful colonial design; finished in natural cedar and
(1923) trimmed with satin-polished copper; size: 36” x 16” x 16” $12.55
Davenette Kalamazoo Stove Co. Kalamazoo; two pieces of furniture in one—combining
(1923) davenette and full sized bed $46.50
Dresser Chicago Tribune Walnut; Louis XVI style; 46” wide, carefully constructed,
(1920) and has a mirror of generous proportions $98.00
Furniture Set Kalamazoo Stove Co. Arts and Crafts Oak Mission; seven-piece set includes arm
(1923) chair, reception chair, arm rocker, rocker, tabourette,
bookends, and table $28.50
Kitchen Cabinet Kalamazoo Stove Co. Oak; modern kitchen efficiency in your home is practically
(1923) impossible unless you have a convenient place for
everything; has a white porcelain top $32.50
Metal Bed Kalamazoo Stove Co. Continuous post; 2” posts, includes bed, mattress
(1923) and spring $26.95
Garden Equipment & Supplies
Birdhouse The National Dodson’s Queen Anne Martin House; 48 rooms; white with
Geographic Magazine green trim; pine with copper roof; 36 x 26 x 37 inches $60.00
(1924)
Daffodils National Geographic Elliott Nursery; 60-bulb collection $4.00
Magazine
(1924)
164
THE VALUE OF A DOLLAR Selected Prices, 1920-1924
Lawn Mower The Literary Digest Montamower, no gears, no long blades, trims and cuts
(1924) at the same time $18.00
Lawn Mower New York Times James McCreery & Co. New England Mower; ball bearing
(1923) with three 14-inch steel blades $9.95
Lawn Mower National Geographic Montague Montamower; the new easy way to cut lawns $18.00
Magazine
(1924)
Hotel Rates
Hotel Room Chicago Tribune Hotel Wychmere; 150 clean comfortable outside rooms, at
(1920) exceptionally attractive rates; electric lights, steam heat,
running water $1-$1.50/day
Hotel Room New York Times Hotel Monticello New York; 35–37 West 6th Street, between
(1923) Broadway and Central Park with shower and bath $3.00/day
Hotel Room The Journal of the Waldorf Dallas; with bath, two persons $4 to $6/day
American Dental
Association
(1924)
Room The National Jasper Park Lodge, in Canadian Rockies, American plan $6.00 per day
Geographic Magazine
(1924)
Household Goods
Alarm Clock Sears, Roebuck National; 8-day alarm $2.50
(1921)
Barn Paint Kalamazoo Stove Co. Kalamazoo; real insurance against rot and decay $1.54/gallon
(1923)
Bath Tub Kalamazoo Stove Co. Handee Modern; Handee bath tub includes a stove and
(1923) water heater combination that gives you real city comfort;
Outfit complete $29.95
Blanket B. Altman & Co. All-wool; white, blue, or pink borders; 60” x 84” $14.50/pair
(1923)
Bonbon Box B. Altman & Co. Engraved glass, sterling silver deposit; with cover $4.00
(1923)
Borax New York Times Red Star Brand; guaranteed absolutely pure $0.49/5 pounds
(1923)
Cookware Kalamazoo Stove Co. 25-piece aluminum service; includes 5-piece combination
(1923) cooker and steamer, 2 quart welded spout percolator with spreader,
new round toaster, 5 quart tea kettle, 1 quart lipped sauce pan,
2 quart lipped sauce pan, cake turner, soup ladle,
2 bottom cake pans $10.95
Fence Kalamazoo Stove Co. Perfection; open hearth; basic steel, heavily galvanized;
(1923) a real improvement in farm fencing; 47” high $0.62/rod
Floor Covering Chicago Tribune Texoleum; adapted to use in all parts of the house—
(1920) on stains, in the halls, upstairs and down $0.66/sq yd
Floor Paint Kalamazoo Stove Co. Kalamazoo; dress up your old floors; colors include yellow,
(1920) maroon, light gray, buff, oak, and dark gray $1.95/gallon
Food Jar B. Altman & Co. Thermalware; keeps food or liquids hot or cold; capacity
(1923) one gallon $10.00
Hat Box B. Altman & Co. Circular-shaped of enameled duck; cretonne-lined;
(1923) leather handle $5.00
House Paint Kalamazoo Stove Co. Kalamazoo; save the surface and you save all $2.15/gallon
(1923)
Lamp Kalamazoo Stove Co. Nulite Match-Lite; is 20 times as powerful as the old style
(1923) cool oil lamp, but operates without a wick or grease,
lamp black or smell that is so distasteful; burns 14 hours on one
filling of three pints of common motor gasoline $7.35
Meat Platter B. Altman & Co. Silver plate; well and tree design; 17” $10.50
(1923)
165
Selected Prices, 1920-1924 THE VALUE OF A DOLLAR
Roaster Kalamazoo Stove Co. Aluminum; a roaster that has every modern improvement;
(1923) with rack $4.82
Salt and Pepper Set B. Altman & Co. Sterling silver; six shakers in case $4.00/case
(1923)
Suitcase B. Altman & Co. Black enameled duck, cretonne-lined, leather corners
(1923) and handles; 24” x 15” x 9” $6.00
Tablecloth B. Altman & Co. Fine quality durable satin damask; 72” x 108” $17.25
(1923)
Toilet Kalamazoo Stove Co. Simply place the sanitary closet in any out of the way place
(1923) —a closet, under the stairs or wherever a private corner can be found;
it is absolutely sanitary and odorless $6.95
Toilet Cleaner National Geographic Sani-Flush; cleans the toilet bowl better than any
Magazine other means $0.25
(1924)
Traveling Bag B. Altman & Co. Tan cowhide, leather-lined, size 16” $10.50
(1923)
Vacuum Bottle B. Altman & Co. Green enamel; aluminum top; capacity one quart $2.25
(1923)
Insurance Rates
Fire Insurance Insurance Policy Charleston Insurance And Trust Co.; $750 fire coverage
(1920) on one-story frame house $11.10/year
Fire Insurance Insurance Policy Charleston Insurance & Trust Co.; (rate $0.68 per $100);
(1921) $500 fire insurance on brick building in Columbia, $3.40/year
South Carolina
Fire Insurance Insurance Policy New Jersey Insurance Co.; $2,000 fire insurance;
(1922) two story, wood frame building $22.40/year
Life Insurance Chicago Tribune Merchant’s Reserve Life Insurance; pure life insurance;
(1920) annual premium per $1,000, whole life, age 35 $16.40/year
Jewelry
Blue Diamond National Geographic Black Starr & Frost; the largest blue diamond ever
Magazine discovered; 1 9/32” by 1 5/32” $3 million
(1924)
Cigarette Case Sears, Roebuck Sterling silver; engraved ornamentation with shield;
(1920) gold plated inside $11.72
Cuff Buttons The World’s Work The Baer & Wilde Co. Kum-A-Part Kuff; the button for
(1923) soft cuffs that clicks open, snaps shut $25/pair
Cuff Links The World’s Work J.F. Sturdy’s Sons & Co. Sta-Lokt; the perfected separable
(1923) cuff link $1.50 to $7.50/pair
Lapel Button Reunion Pamphlet, Wildcat Insignia Co.; 81st division Wildcat reunion; screw
81st Division Wildcats buttons to be worn on coat lapels;
(1920) a very neat insignia sterling silver $1.00
10-k gold $4.50
Necklace The World’s Work The Henshel Co.; bluebird pearl; the rare depth and
(1923) iridescence of the most expensive natural pearls;
platinum safety clasp with brilliant diamond; 24” long $85.00
Pendant Earrings B. Altman & Co. Imitation pearls in the shower design; French backs $4/pair
(1923)
Pin B. Altman & Co. Rhinestone bar; set in sterling silver $2.25
(1923)
Pocket Watch Spiegel Catalog Illinois railroad nickel or gold filled; 18 size; swing-ring
(1920) case; 21-jewel; genuine Bunn special movement $43.50
Pocket Watch Spiegel Catalog Illinois railroad nickel; twenty-year double strats; gold-filled
(1920) open face; popular 16 size; fitted with Bunn movement;
23-jewel $63.50
166
THE VALUE OF A DOLLAR Selected Prices, 1920-1924
Ring Reunion Pamphlet, Wildcat Insignia Co.; 81st division Wildcat reunion; the
81st DivisionWildcats center of the seal is a relief form of the wildcat;
(1920) sterling silver $3.50
10-k gold $12.50
Ring Chicago Tribune Lewy Brothers Co.; sincere, personal service; black pearl $3,500
(1920)
Strap Watch The World’s Work Hamilton Watch Co.; all Hamiltons have true beauty
(1923) of design $38 to $42
Wristwatch Chicago Tribune Lebolt & Co.; woman’s; 15-jewel movement; gold filled
(1920) case, hand engraved $22.00
Wristwatch B. Altman & Co. Woman’s; sterling silver; 15 jewels; Swiss movement
(1923) mounted on black ribbon $20.00
Meals
Lunch San Francisco Luncheon: Fruit or combination salad;
Examiner boiled chicken or boiled steak; mashed potatoes,
(1921) steamed potatoes, string beans, choice of pudding $1.00
Medical Products & Services
Electric Heating The Journal of the Buffdentco; for wax elimination and general heating
Oven American Dental purposes in the dental laboratory $55.00
Association
(1924)
Laboratory Work The Journal of the Alcasco; designed for the present day restricted working
Bench American Dental space $47.50
Association
(1924)
Medicine The Youth’s New-Skin—Keeps Little Hurts from Getting Big; $0.15 to $0.30
Companion it forms a covering that keeps out germs
(1920)
Nonprescription Sears, Roebuck Aromatic castor oil; to make it more palatable; 8-oz $0.69
Drug (1921) bottle
Nonprescription The World’s Work Eno’s Fruit Salt Derivative Compound; just a teaspoonful
Drug (1923) of ENO’s in a glass of water will clear your blood stream
and give you a new and happier aspect $0.75/can
Nonprescription Sears, Roebuck Milk of Magnesia Laxative; well-known mild laxative and
Drug (1924) stomach anti-acid corrective; $0.50 size $0.39
Regulating Dental The Journal of the Jackson’s; improvement in orthodontic methods
Appliances American Dental enables us to turn out mechanically correctly
Association constructed appliances; gold plated $7.00
(1924)
Smock The Journal of the Angelica Jacket Co.; of finely woven white bleached twill
American Dental with indestructible knotted tape buttons $2.00
Association
(1924)
Motorized Vehicles, Services, & Supplies
Automobile The Literary Digest Willys-Knight coupe-sedan, powered by same type
(1924) engine used in Daimler, Panhard, Mercedes, Minerva $1,450
Automobile Joseph J. Schroeder Jr. Hendley Knight; standard 7-passenger touring car; an
The Wonderful World ever-increasing appeal to the business man $2,450
of Automobiles [cost in 1922]
(1971)
Automobile Schroeder, Kline Car; Kline lowers manufacturing costs by utilizing
The Wonderful World its own shops [cost in 1922]
of Automobiles Coupe $3,050
(1971) Sedan $3,090
Automobile Schroeder, Case; Sedan; exceptional performance is an outstanding
The Wonderful World feature of this car $2,790
of Automobiles [cost in 1922]
(1971)
167
Selected Prices, 1920-1924 THE VALUE OF A DOLLAR
Automobile The World’s Work 1924 Haynes 60 DeLuxe Sedan; improved six cylinder
(1923) Haynes-built motor—created from the Haynes motor which
had established a wonderful eight-year record
for dependability $1,895
Automobile Schroeder, Durant Four; 5-passenger touring car; the new motor is a
The Wonderful World revelation in power and flexibility $890
of Automobiles [cost in 1924]
(1971)
Automobile Schroeder, Buick Standard Six; open model; 5-passenger touring car $1,175
The Wonderful World [cost in 1924]
of Automobiles
(1971)
Automobile Schroeder, Willys-Overland; the champion economy car $695
The Wonderful World [cost in 1924]
of Automobiles
(1971)
Automobile National Geographic Chrysler Six Phaeton $1,395
Magazine
(1924)
Automobile National Geographic Chandler; touring car; change speeds without clashing;
Magazine the traffic transmission is acknowledged to be the most
(1924) important automotive improvement of the decade $1,485
Automotive Collier’s Oldsmobile Six accessories available at any Oldsmobile
Accessories (1924) dealer:
Front bumper $15.00
Road spot light $5.00
Rear view mirror $1.75
Trunk rails, set of four $6.80
Windshield wings, pair $17.00
Heat Indicator Collier’s Safe-T-Stat engine heat indicator; accurate and visible
(1924) at all times on the dashboard of your car $10.00
Ignition System The Progressive Bosch Type 600 ignition system for Fords; insures
Farmer quick, easy starts $12.75
(1924)
Motor Oil Collier’s Mobiloil from Vacuum Oil Company; the new sealed
(1924) one-quart can is ideal while touring $0.35
Musical Instruments
Piano World’s Work Steinway & Sons; the instrument of the immortals;
(1923) Upright $875
Grand $1,425
Piano New York Times Mathushek Grand Opera; size only 36” $635
(1923)
Other
Adoption The American Legion Cost to adopt a French orphan $75.00
Weekly
(1920)
Dolly Washer Kalamazoo Stove Co. Hand powered; it is so constructed that even a child
(1923) can run it $15.60
Exercise Program Picture Play Luthy’s Daily Five Minute Basic Physical Exercise; to
Magazine keep one agile, healthy and young $5.00
(1923)
Exploration The National Cost to National Geographic Society for series of
Geographic Magazine expeditions into Peru to investigate the traces of
(1924) the Inca race $50,000
Fountain Pen Picture Play Waterman Ideal; self-filling type, mottled with gold-filled
Magazine level and clip $7.50
(1923)
168
THE VALUE OF A DOLLAR Selected Prices, 1920-1924
Grid Batteries National Geographic Philco Diamon; for low-voltage peanut tubes; east
Magazine of the Mississippi $8.00
(1924)
Incense Picture Play Temple of Allah; this rare, choice incense is even used
Magazine as a cachet by fastidious women; it sweetens the air and
(1923) keeps away flies and other pests; deluxe set with large
metal burner and incense $1.00
Mail Order House National Geographic Aladdin; 7 room; price includes all lumber cut to fit;
Magazine highest grade interior woodwork, siding, flooring, windows,
(1924) doors, glass, paints, hardware, nails, lath, roofing, with
complete instructions and drawings $975
Mechanical Pencil National Geographic Wahl Eversharp; the superior writing companion;
Magazine economy model $3.00
(1924)
Pen National Geographic Parker Duofold Duette; handsomer than gold—mightier
Magazine than the sword $7.00
(1924)
Photographs Picture Play Homer S. Howry Co.; movie stars original photos; over
Magazine 250 stars including Mary Pickford, Doug Fairbanks, Debe
(1923) Daniels, Betty Compson, Priscilla Dyan; size 8” x 10” $0.50
Stationery The World’s Work Hampshire Paper Co. Old Hampshire; the stationery of a
(1923) gentleman; 24 sheets and envelopes of royal club size $1.50/box
Personal Care Products
Bath Salts B. Altman & Co. Alsam Bouquet $1.50/jar
(1923)
Brush B. Altman & Co. Ideal Hair; waterproof $1.65
(1923)
Dental Cream The Mentor Colgate Ribbon; cannot roll off the brush $0.25
(1923)
Dental Cream National Geographic Colgate’s; cleans teeth the right way; large tube $0.25
Magazine
(1924)
Dressing Case B. Altman & Co. Man’s; of black walrus-grain leather; contains comb,
(1923) ebony-back military brush, ebonized soap box,
toothbrush holder, metal shaving-brush holder,
metal shaving-soap tube, and space for razor $5.00
Eyelash Treatment Picture Play Maybelline; makes every face more beautiful $0.75
Magazine
(1923)
Face Cream Picture Play Hinds Honey and Almond Cream; an excellent base for
Magazine face powder, comes in four tints $0.15
(1923)
Face Powder Picture Play Lablache; protect your complexion; use only a
Magazine safe powder $0.50
(1923)
Hair Comb B. Altman & Co. Spanish; crystal-colored celluloid, sapphire studded $5.25
(1923)
Hair Remover Picture Play Neet; removes hair harmlessly $0.50
Magazine
(1923)
Insect Repellent The Progressive Black Flag; kills mosquitoes; just burn a little powder in
Farmer your bedroom; the smoke is deadly to mosquitoes
(1924) Powder, per bottle $0.15
$0.40
$0.75
Liniment The Literary Digest Absorbine Jr., the antiseptic liniment
(1924) Per bottle $1.25
169
Selected Prices, 1920-1924 THE VALUE OF A DOLLAR
Lipstick Picture Play Jasmynette; the latest Parisian novelty; 18kt gold-plated
Magazine container with mirror $1.00
(1923)
Mouthwash Sears, Roebuck Listerine; $1 size $0.79
(1924)
Paste Polish Sears, Roebuck Shinola; produces a lustrous polish $0.08
(1924)
Perfume & Toilet Picture Play Rieger’s Flower Drops; Flower Drops is the most exquisite
Water Magazine perfume ever produced; made without alcohol; souvenir
(1923) box of five 25-cent bottles $1/5 bottles
Permanent Wave New York Times Permanent Waving Beauty Salon; Lane Bryant; using the
Hairstyle (1923) most approved of method—which is absolutely safe
and results in a wave that retains its beauty for months;
whole head wave (regularly $25) $15
Shaving Brush B. Altman & Co. The brush in this box has been sterilized $1.25
(1923)
Shaving Stick B. Altman & Co. Colgate; handy-grip shaving stick $0.35
(1923)
Soap Sears, Roebuck Pear’s Unscented; three cakes $0.24
(1923)
Soap Sears, Roebuck Lifebuoy; well-known toilet and bath soap $0.29/3
(1921)
170
THE VALUE OF A DOLLAR Selected Prices, 1920-1924
Real Estate
Apartment San Francisco Sacramento at Franklin; 5-room apartment;
Examiner very attractive new building; rooms finished in ivory;
(1921) plenty of steam heat $70/month
Apartment San Francisco A clean, quiet place; 2-room apartment for adults;
Examiner hot water $25/month
(1921)
Grocery Store New York Times In best business section of New Rochelle; includes two
(1923) Dodge delivery cars $6,000
Hotel American Chronicle Cost to construct the 1,200-room Shelton Hotel in
(1999) New York City in 1923 $8 million
House Chicago Tribune For rent; 6-room summer cottage; Fox Lake, Illinois;
(1920) 100’ lake frontage (for season July–Sept.) $350
House New York Times Furnished; New York City; West 50s—23 fine rooms,
(1923) 6 baths, straight lease $3,000
Store Chicago Tribune For rent; large; with living rooms, steam heat, hot water $55/month
(1920)
Sports Equipment
Baseball Glove Sears, Roebuck Professional Wagner model; made of high quality, tan
(1922) color, oil treated horsehide $4.20
Boat New York Times Cabrilla; motor yacht; a delightful cruising boat; waterline
(1923) 110’; beam 12’ 6” $20,000
Canoe The National Old Town Canoe, remarkably steady and easy to $64.00
Geographic Magazine handle
(1924)
Field Glasses The Literary Digest German Army officers’ field glasses; finest achromatic
(1924) day and night lenses; 40mm
Slightly used $9.85
Golf Bag B. Altman & Co. Tan or white canvas, with 4 steel stays; hooded top and
(1923) lock; 5” rawhide bottom $6.50
Handball Gloves Sears, Roebuck Draper-Maynard Co.; brown napa leather, stitched front
(1924) and well padded $3.50/pair
Tennis Racquet B. Altman & Co. Fine quality frame, reinforced at shoulders; strung with
(1923) best English gut $10.50
Tobacco Products
Ashtrays B. Altman & Co. Nickel-plated, lined with red, blue, green or yellow
(1923) glass, set of four $2.75
Cigarettes Collier’s Reedsdale Cigarettes; liked by many smokers of
(1924) sophisticated taste
Per package of 20 $0.20
171
Selected Prices, 1920-1924 THE VALUE OF A DOLLAR
Cigars The World’s Work Robert Burns Panatela; give a brand that is known for
(1923) Christmas $0.10/each
box of 50 44.75
Pipe B. Altman & Co. Genuine briar; straight stem, mouthpiece of hard rubber $1.00
(1923)
172
THE VALUE OF A DOLLAR Miscellany, 1920-1924
MISCELLANY 1920-1924
$11,000 Booze Raid In Loop Traps 3 at Bar; L Men Accept Raise; Company to
Labor Trouble at Still Fills U.S. Cells Ask 10¢ Fare
Whiskey valued at $11,000 was seized in a As a result of the 15¢ wage increase awarded
saloon at 201 North State Street and the two pro- the street car workers on Monday and the
prietors and a bartender were arrested yesterday acceptance last night of an equal boost in pay by
by federal prohibition agents. The men are 2,000 elevated employees, Chicago straphangers
Edward Stevens and Charles McDermott, owners, are asked to pay an 8¢ street car fare and a 10¢
and M. J. O’Rourke, the bartender. Bonds were fare on the overhead lines after July 1.
set by Commissioner Lewis F. Mason, at $2,500 Chicago Tribune, June 17, 1920
for the proprietors and $2,000 for the bartender.
Chicago Tribune, April 17, 1920 Cement Makers Cut Prices for State
Highways
Gas Rates Up; It Now Costs $1.15 Per Cement manufacturers today expressed their
Thousand willingness to do their bit toward maximum high-
Chicago’s gas rate was increased from 85¢ to way construction in Illinois in 1922 when they
$1.15 a thousand cubic feet by an order of the offered to supply 4,000,000 barrels of cement to
state public utilities commission yesterday. The the state at prices ranging from $1.20 to $1.40 a
commission also fixed a minimum charge of 60¢ a barrel.
month. The lowest bid, offering 600,000 barrels at $1.20
Chicago Tribune, June 16, 1920 a barrel, was made by the Marquette Portland
Cement Company, a reduction of 25¢ a barrel
from the bids made Jan. 8, which were rejected.
Chicago Tribune, March 6, 1922
Retirement Bonuses
A hundred dollars for each of the fifty years’
service was the reward to Rudolph Zimmerman
and Louis Moses, who recently completed a half
century in the employ of the drug and laboratory
firm of Eimer & Amend. At a dinner celebrating
the occasion last week each of the veterans, who
began as errand boys and are now heads of
important departments, received $5,000.
New York Times, June 17, 1923
173
Miscellany, 1920-1924 THE VALUE OF A DOLLAR
MISCELLANY 1920-1924
Senator David A. Reed of Pennsylvania Urges
Cut in Tax on Earned Income
The present system of taxing the earned
income is a discrimination in favor of the person
whose income is unearned. The man who works
for a living can be taxed 58 percent, whereas the
man who invests all his capital enjoys exemp-
tions behind which he can take refuge and that
man can “get by” with a tax of only 12 1/2 per-
cent.
New York Times, June 17, 1923
Valentines
A beautiful assortment from 1⁄2¢ to 25¢ each.
Just the kind you may want. Palmetto Drug Co.
Union Progress, Union, SC, February 6, 1924
174
THE VALUE OF A DOLLAR Historical Snapshot, 1925-1929
HISTORICAL SNAPSHOT
1925-1929
1925 First blue jeans with slide fasteners Presidential candidate Herbert
Refrigerator sales reach 75,000, up introduced by H. D. Lee company Hoover calls for “a chicken in
from 10,000 in 1920 Synthetic rubber pioneered by every pot and two cars in every
B. F. Goodrich Rubber Company garage”
Florida land prices collapse as
investors discover that many lots chemist Waldo Lonsbury Sermon
they bought are underwater; Ponzi 1929
scheme gains notoriety 1927 J. C. Penney goes public
$10 million Boca Raton Hotel in 20 million cars on roads, up from 513 Americans have incomes of
Florida completed 13,824 in 1900 more than $1 million
Aunt Jemima Mills acquired by First compulsory automobile insur- Income tax rate is 1.5 percent on
Quaker Oats Company for $4 mil- ance law passed in Massachusetts first $7,500 of net income
lion Transatlantic telephone service Auto production exceeds 5 million
Al Capone takes control of Chicago between London and New York Commercial airlines carry 180,000
bootlegging begins; call cost $75 for three minutes passengers, up from 37,000 in
Chesterfield cigarettes marketed Wonder Bread introduced 1927
to women for first time Delta Air Service, formerly a crop-
Simmons Beautyrest mattress 1928 dusting business, inaugurates pas-
introduced Broccoli marketed in United States senger service and secures air-
President Coolidge opposes can- mail contracts
Rice Krispies introduced by W. K.
cellation of French and British war Kellogg 20 million telephones in use, dou-
debt ble 1918 figures
Peanut butter cracker sandwich
packets sold under the name NAB Average price of refrigerator falls
1926 by National Biscuit Company for 5 to $292 from $600 in 1920
Book-of-the-Month Club founded cents each Seven-Up introduced under name
Machine-made ice production U.S. per capita consumption of Lithiated Lemon
exceeds 56 million pounds; up crude oil reaches 7.62 barrels Coca-Cola has gross sales of $39
from 1.5 million in 1894 Florida’s 143-mile Tamiami Trail million
First ham in a can introduced by links Miami to Fort Myers through Stock market crashes, $30 billion
Hormel Everglades at a cost of $48,000 per capital disappears.
Philadelphia’s Warwick Hotel opens mile
175
Selected Income, 1925-1929 THE VALUE OF A DOLLAR
Actor Legrand and Karney, Al Jolson’s earnings for The Jazz Singer (1927), the first
Chronicle of the motion picture to utilize spoken dialogue $75,000
Cinema
(1995)
Actor Legrand and Karney, Weekly income of Gloria Swanson when she moved to
Chronicle of the United Artist to produce her own films in 1926 $20,000
Cinema
(1995)
Actor Legrand and Karney, Weekly income of Greta Garbo after the release of Flesh
Chronicle of the and the Devil in 1927 $5,000
Cinema
(1995)
Aviator Joyce Milton, Loss Earnings of Charles Lindbergh following his historic
of Eden: A Biography transatlantic flight, including $25,000 for the Orteig Prize
of Charles and Anne as the first pilot to fly from New York to Paris, and
Morrow Lindbergh from the Guggenheim Fund honorarium for his $50,000
(1993) U.S. tour following the flight in 1927 $500,000
Barber Washington Post Short hours; weekly pay $30–$35 weekly
(1928)
Barber Washington Post First class; must speak good English; weekly pay $30 per week
(1928) ⫹ commission
Barber Washington Post Italian preferred, hours 9:00 a.m. to 7:30 p.m. $30.00/week
(1926)
Bookkeeper New York Times Experienced; wanted by manufacturing concern to take
(1929) care of small set of books and do some typing;
good appearance required; five-day wk all year $20.00/week
Carpenter Chicago Tribune Situation Wanted: Own tools $0.60/hr
(1929)
Chemist Popular Science Annual pay $4,000
Monthly
(1927)
Doorman New York Times Prominent automobile company requires services
(1928) of a courteous, willing, and obliging white man;
location Columbus Circle district; steady position with
possibilities; uniform furnished $27.50/week to
start
Engineer New York Times Junior mechanical engineer at automobile plant close
(1928) to New York, college-trained preferred $27/month
Entrepeneur James Grant, Investment profits in 1926 of Bernard Baruch from a
Bernard Baruch, 1909 investment in Gulf Sulphur Company $8 million
The Adventures of a
Wall Street Legend
(1983)
Gangster Guinness Book Reported income of Chicago gangster Al Capone, whose
(1927) of World Records enterprises included illegal liquor, gambling, vice and
(1981) protection racket $105 million
Inspector Popular Science Weekly pay of Illinois Corn Inspector $20.00
Monthly
(1927)
Loan Clerk New York Times Bank, know securities $2,400/yr
(1928)
176
THE VALUE OF A DOLLAR Selected Income, 1925-1929
Miscellaneous Chicago Tribune I want 3 men now employed to do some special work for
(1927) me three evenings a wk. $30/wk
Pushcart The Youth’s Seller of every commodity from fish to umbrellas,
Peddler Companion occupation of 7,800 people in New York City.
(1925) Weekly sales $75 to $126
Plasterer Popular Science Day rate of Union certified plasterer for eight hours $13.00
Monthly
(1927)
Radio Engineer New York Times Radio production managers $10–100/wk
(1928)
Record Producer Mary A. Bufwack and Income in 1925 of Ralph Peer, country record producer
Robert K. Oerman, and talent scout $16,000
Finding Her Voice,
The Saga of
Women in
Country Music
(1993)
Sales Washington Post Catholic; if you have sold books, magazines, pictures or
(1926) insurance and are a hustler, we can offer you a position $40/wk
Salesman Washington Post Salesman with selling experience; exceptional $32.50 order
(1928) opportunity; small orders bring large commission brings $6 in
advance and
bonus
Salesman Washington Post Experienced specialty salesman for large manufacturing
(1928) firm $400–$1200
per month
Shipping Room Chicago Tribune Young with shipping room experience; ambitious
(1925) and energetic; must be able to fill orders and pack
shipments $20/wk to start
Stenographer Washington Post Office clerk; part-time work, 25 hours
(1928) Per week $15
Per hour $.75
Stenographer Chicago Tribune Young man for stenographic position in executive
(1925) office; large corporation $125/month
Stenographer New York Times Stenographer and typist with knowledge of bookkeeping;
(1926) 18–19 years of age; in customs broker’s office;
good opportunity for advancement; give previous
experience and state religion $18/wk to
begin
Textile Worker Time Average wages of workers in New Bedford, Mass. Mills
(1928) Per week $19
Well Digger The Farm Journal Average weekly gross income of well digger L. E.
(1927) Haffner of Donnellson, Iowa using a Lisle Manufacturing
machine $180.00
177
Consumer Expenditures, 1925-1929 THE VALUE OF A DOLLAR
178
THE VALUE OF A DOLLAR Investments, 1925-1929
INVESTMENTS 1925-1929
Investment 1925 1926 1927 1928 1929
Basic Yield, One-Year Corporate Bonds 3.85 4.40 4.30 4.05 5.27
Short-Term Interest Rates, 4–6 Months,
Prime Commercial Paper 4.02 4.34 4.11 4.85 5.85
Basic Yield, Common Stocks, Total 5.19 5.32 4.77 3.98 3.48
Index of Common Stocks (1941⫺1943⫽10) 11.15 12.59 15.34 19.95 26.02
COMMON STOCKS, CLOSING PRICE AND DIVIDEND, FIRST BUSINESS DAY OF YEAR
(Parenthetical number is annual dividend in dollars)
179
Standard Jobs, 1925-1929 THE VALUE OF A DOLLAR
Average of all Industries, excl. Farm Labor $1434/yr $1473/yr $1487/yr $1490/yr $1534/yr
Average of all Industries incl. Farm Labor $1434/yr $1473/yr $1380/yr $1384/yr $1425/yr
Bituminous Coal Mining 72¢/hr $1446/yr $1342/yr $1293/yr 72¢/hr
Avg hrs/wk 48.40 NR NR NR 48.50
Building Trades, Union Workers $1.31/hr $1708/yr $1719/yr $1674/yr $1.23/hr
Avg hrs/wk 43.80 NR NR NR 43.90
Clerical Workers in Mfg. & Steam RR $2239/yr $2310/yr NR NR NR
Domestics $741/yr $748/yr $756/yr $725/yr $731/yr
Farm Labor $382/yr $386/yr $387/yr $385/yr $378/yr
Federal Civilian $1762/yr $1888/yr $1907/yr $1916/yr $1916/yr
Federal Employees, Executive Depts. $1776/yr $1809/yr NR NR NR
Finance, Insurance, & Real Estate $1997/yr $2008/yr $2019/yr $2043/yr $2062/y
Gas & Electricity Workers $1552/yr $1571/yr $1558/yr $1591/yr $1589/yr
Lower-Skilled Labor $1095/yr NR NR NR $1065/yr
Manufacturing, Payroll 49¢/hr $1502/yr $1534/yr $1543/yr 49¢/hr
Avg hrs/wk 52.20 52.20
Manufacturing, Union Workers 99¢/hr $1.01/hr NR NR NR
Avg hrs/wk 45.90 45.90 NR NR NR
Medical/Health Services Workers $916/yr $857/yr $931/yr $930/yr $925/yr
Ministers $1826/yr $1769/yr NR NR NR
Nonprofit Org. Workers $1578/yr $1607/yr $1647/yr $1675/yr $1712/yr
Postal Employees 87¢/hr 84¢/hr
Avg hrs/wk 47.20 NR NR NR 47.20
Public School Teachers $1299/yr $1342/yr $1393/yr $1433/yr $1445/yr
State and Local Govt. Workers $1377/yr $1422/yr $1488/yr $1500/yr $1549/yr
Steam Railroads, Wage Earners $1597/yr $1613/yr $1687/yr $1720/yr $1749/yr
Street Railway Workers $1565/yr $1566/yr $1549/yr $1553/yr $1598/yr
Telegraph Ind. Workers $1161/yr $1215/yr NR NR NR
Telephone Ind. Workers $1108/yr $1117/yr NR NR NR
Wholesale and Retail Trade Workers $1416/yr $1480/yr $1573/yr $1594/yr 1359/yr
180
THE VALUE OF A DOLLAR Food Basket, 1925-1929
Beans, Navy, per pound 1925 11.20¢ 12.30¢ 9.90¢ 10.90¢ 10.30¢
1926 10.40¢ 10.60¢ 9.40¢ 10¢ 9.30¢
1927 10.10¢ 10.40¢ 9.60¢ 9.90¢ 9.50¢
1928 12.37¢ 12.78¢ 11.91¢ 11.50¢ 11.60¢
1929 14.80¢ 16¢ 13.60¢ 12.90¢ 13.40¢
Beef, Rib Roasts, per pound 1925 38.80¢ 28.50¢ 33.60¢ 22.60¢ 28.60¢
1926 38.80¢ 31.60¢ 34.90¢ 24.10¢ 29.40¢
1927 40.40¢ 32.60¢ 35.60¢ 25.10¢ 30¢
1928 44¢ 35.10¢ 39.70¢ 30.20¢ 33.80¢
1929 43.60¢ 36.60¢ 40.40¢ 31.10¢ 35.40¢
Beef, Steaks (Round), per pound 1925 43.10¢ 33.90¢ 34.20¢ 27.60¢ 29.70¢
1926 43.50¢ 36.10¢ 35.90¢ 30¢ 30¢
1927 45.20¢ 38¢ 37.20¢ 31.30¢ 31.10¢
1928 49.40¢ 41.70¢ 43¢ 36.70¢ 35.50¢
1929 50.90¢ 44.60¢ 45.70¢ 38.10¢ 38.40¢
181
Food Basket, 1925-1929 THE VALUE OF A DOLLAR
Flour, Wheat, per pound 1925 6.20¢ 6.90¢ 5.60¢ 5.20¢ 5.90¢
1926 6¢ 6.90¢ 5.60¢ 4.90¢ 5.60¢
1927 5.50¢ 6.50¢ 5.10¢ 4.30¢ 5.30¢
1928 5.20¢ 6.60¢ 4.80¢ 4.30¢ 5.20¢
1929 5¢ 6.40¢ 4.60¢ 3.90¢ 4.80¢
Lard, per pound 1925 23.70¢ 23.20¢ 22.90¢ 24.30¢ 24.10¢
1926 22.40¢ 21.70¢ 21.60¢ 22.70¢ 23.70¢
1927 20.20¢ 19.10¢ 19.30¢ 19.60¢ 20.20¢
1928 19.50¢ 18.10¢ 18.80¢ 18.60¢ 20¢
1929 19.30¢ 18¢ 18.50¢ 18.50¢ 19.70¢
Milk, Fresh, per quart 1925 14.80¢ 17.20¢ 14¢ 11.40¢ 15¢
1926 15¢ 19.40¢ 14¢ 12¢ 15¢
1927 15.30¢ 18.10¢ 14¢ 12¢ 15¢
1928 15.60¢ 17.10¢ 14¢ 12¢ 15¢
1929 16¢ 16.60¢ 14¢ 12¢ 15¢
Mutton and Lamb, Leg, per pound 1925 36.90¢ 37¢ 38.10¢ 35.60¢ 37¢
1926 37.40¢ 38.10¢ 39.60¢ 36.50¢ 36.90¢
1927 37.40¢ 40.40¢ 39.10¢ 36.60¢ 36.70¢
1928 38.40¢ 40.40¢ 39.40¢ 36.70¢ 37.70¢
1929 38.90¢ 41.30¢ 40.50¢ 37¢ 38.70¢
Pork Chops, per pound 1925 39.70¢ 34.80¢ 34.60¢ 34.40¢ 44.30¢
1926 42.50¢ 37.60¢ 38¢ 37.30¢ 45.70¢
1927 42.50¢ 35.60¢ 35.70¢ 33.70¢ 43.50¢
1928 38.80¢ 34¢ 34¢ 32.90¢ 41.10¢
1929 39¢ 35.20¢ 37.20¢ 35.30¢ 43.50¢
Pork, Bacon, Sliced, per pound 1925 46.69¢ 44.50¢ 49.80¢ 48.40¢ 54.90¢
1926 51.30¢ 48.20¢ 54.20¢ 51.30¢ 59.30¢
1927 48.70¢ 45.20¢ 51.10¢ 47.40¢ 55.30¢
1928 45.90¢ 42.40¢ 47.90¢ 43.20¢ 50.90¢
1929 45.30¢ 40.80¢ 48.20¢ 41.60¢ 50.20¢
Ham, Sliced, per pound 1925 57.70¢ 53.40¢ 52.70¢ 54.90¢ 63.90¢
1926 62.10¢ 57.80¢ 56.60¢ 58¢ 69.20¢
1927 62.10¢ 56.60¢ 55.70¢ 54.60¢ 68.40¢
1928 57.20¢ 53.10¢ 53.50¢ 52.90¢ 67.10¢
1929 58.20¢ 56.10¢ 54.80¢ 54.70¢ 68.30¢
Potatoes, Irish, per pound 1925 3.80¢ 4.60¢ 3.50¢ 3.40¢ 4.35¢
1926 5.30¢ 6¢ 4.80¢ 4.20¢ 4.70¢
1927 4¢ 5¢ 3.70¢ 3.60¢ 4¢
1928 3.10¢ 3.90¢ 2.70¢ 2.10¢ 2.70¢
1929 3.60¢ 4¢ 3.20¢ 2.80¢ 3.30¢
Prunes, Dried, per pound 1925 16¢ 17.50¢ 18.40¢ 18.80¢ 16¢
1926 15.60¢ 18.30¢ 18.50¢ 18.20¢ 16.40¢
1927 13.50¢ 16.70¢ 17.40¢ 15.60¢ 14.10¢
1928 12.90¢ 14.70¢ 15.30¢ 14.60¢ 12.60¢
1929 14.50¢ 16.50¢ 17.20¢ 16.80¢ 15.20¢
Rice, per pound 1925 10.50¢ 10.70¢ 11.50¢ 11.20¢ 11.20¢
1926 10.70¢ 11.50¢ 11.80¢ 11.30¢ 11.20¢
1927 9.90¢ 10.10¢ 11.20¢ 9.90¢ 10.20¢
1928 9.90¢ 9.10¢ 10.50¢ 9.10¢ 10.10¢
1929 9.60¢ 9.50¢ 10.50¢ 8.90¢ 9.70¢
Sugar, per pound 1925 6.40¢ 7.70¢ 6.90¢ 7.80¢ 6.90¢
1926 6.10¢ 7.30¢ 6.60¢ 7.40¢ 6.70¢
1927 6.50¢ 7.70¢ 7.10¢ 7.80¢ 7¢
1928 6.30¢ 7.60¢ 6.90¢ 7.50¢ 6.80¢
1929 5.90¢ 7.10¢ 6.40¢ 7.20¢ 6.20¢
182
THE VALUE OF A DOLLAR Food Basket, 1925-1929
183
Selected Prices, 1925-1929 THE VALUE OF A DOLLAR
Advertising
Advertisement Roland Marchand, Full page, four-color in Saturday Evening Post
Advertising the [cost in 1926] $11,000/pg
American Dream
(1985)
Advertising Budget Marchand, Crane Company (plumbing supplies) [cost in 1925] $436,000/yr
Advertising the
American Dream
(1985)
Advertising Budget Marchand, For Maxwell House coffee [cost in 1927] $509,000/yr
Advertising the
American Dream
(1985)
Testimonial Fee Marchand, Price paid to a football player for a testimonial for
Advertising the Lucky Strike cigarettes [cost in 1926] $4,000
American Dream
(1985)
Apparel, Children’s
Baby Outfits Sears, Roebuck 44 pieces including white lawn dress, nainsook dress,
(1927) white flannelette Gertrude undershirt, booties, bibs,
diapers, talcum powder $9.48
Coat Sears, Roebuck Smartly hand-smocked for girls; lovely model adapted in
(1927) fine quality, silky lustrous all-wool broadcloth; styled on
fetching lines $10.50
Football Pants Lorick & Lowrance Made of good quality 8-oz olive drab duck; Notre Dame-
Hardware style leg $7
(1928)
Hockey Cap Sears, Roebuck Knit in double thickness all-wool worsted in fancy
(1927) pineapple stitch $0.47
Play Suit Sears, Roebuck Boy’s; he’ll have lots of fun with this khaki drill coat with
(1927) bright red trimmings; khaki drill pants and headdress $1.89
Romper Sears, Roebuck Boy’s; sturdy play suits $0.59
(1927)
Shoes The Youth’s Keds athletic shoes. Complete line of canvas rubber-
Companion soled shoes $1.25 to $4.50
(1925)
Suit Store Calendar Two-pants knicker suit and overcoat, sizes 6–18 $10.50
(1925)
Apparel, Men’s
Chauffeur’s Outfit Vogue Brill Brothers; suit, overcoat, and cap to match $78
(1925)
Hat Sears, Roebuck A smart and rakish broad-brim fancy-band hat;
(1927) made of a good-quality fur felt $3.45
Hose Supporter John Martin Velvet grip $0.12
(1927)
Hunting Coat Lorick & Lowrance Red Head; medium-weight forest-brown regimental duck $3.50
Hardware
(1928)
Overcoat Sears, Roebuck Storm proof; heavy all-wool sheep-lined ulter, has a large
(1927) shawl-style collar of Australian opossum fur $29.95
Shirt Time Custom shirt maker $3
(1928)
184
THE VALUE OF A DOLLAR Selected Prices, 1925-1929
Sombrero Sears, Roebuck Man’s good quality wool felt sombrero work hat;
(1927) the crown is about 4 3/4” high $1.98
Suit Sears, Roebuck Fancy weaves for fall—pure all-wool worsted $21.50
(1927)
Suit and Overcoat Store Calendar Two pants, suit and overcoat; the extra pair
(1925) doubles the wear $10.50
Apparel, Women’s
Brassiere Corset Vogue Royal Worcester Bon Ton; makes you appear slim,
(1925) supple, and tailored in this smooth-fitting, one-piece
garment $3.50
Coat Sears, Roebuck Opossum fur; collegiate style; called the tomboy model,
(1927) having been especially made for hard strenuous service
and cut on loose, comfortable lines $129
Coat Sears, Roebuck All-wool suede velour; true reproduction of French model;
(1927) satin de chine lining, mandel-fur trimming $27.50
Corset Sears, Roebuck It confines the bust and hip and diaphragm, is light, yet
(1927) is strong and flexible $1.69
Frock Vogue Bromely Shepard; one-piece dress of red jersey with
(1925) black and red braid $25
Galoshes Sears, Roebuck Silk and wool snap-on $2.48
(1927)
Handbag Sears, Roebuck Back strap; newest shape and leathers $2.98
(1927)
Handbag Sears, Roebuck Newest French-tailored; of soft extra-quality smooth
(1927) calf leather; has three large pockets; coin purse $4.95
Hose Delineator Allen-A Hosiery; pure silk the entire length of the hose
(1928) Per pair $1.50 to $3.00
Maternity Corset Vogue Lane Bryant; the best corset in the world $6.95
(1925)
Nursing Brassiere Sears, Roebuck Fastens with hooks and eyes at each side of panel in
(1927) front without the least inconvenience $0.85
Shoes Vogue Shoecraft; snakeskin and kid model $22.50
(1925)
Short Corset Sears, Roebuck Berthe May; for expectant mothers; very comfortable,
(1927) no boning over hips $2.48
Appliances
Coffee Pot Modern Priscilla Universal; the percolator that has brought perfect
(1929) coffee to millions
Empire pattern, 4 to 14 cups $4.50 to $6.00
Continental pattern, electric, 2 to 6 cups $9.00 to $10.00
Corn Popper Sears, Roebuck Enjoy fresh-popped corn, right on your living room
(1927) table; will make popcorn a daily habit $1.75
Desk Fan Lorick & Lowrance Hunter; electric; alternating current, three speeds,
Hardware 12” blades $30
(1928)
Heating Stove Lorick & Lowrance Enterprise Burnside; for coal; 363 pounds $51
Hardware
(1928)
Hot Water Heater Delineator American Radiator Company Hotcoil gas water heater;
(1928) perfect heating at lowest fuel price
20 gallon $55.00 plus
installation
Iron Sears, Roebuck The Aristocrat; the ultimate in beautiful design,
(1927) ease of work, and perfect ironing convenience,
full weight, 6 1/2 lbs $4.95
185
Selected Prices, 1925-1929 THE VALUE OF A DOLLAR
Iron The Farm Journal Coleman, self-heating iron; asbestos-lined lid keeps
(1927) handle cool while iron gets hot $5.00
Juice Extractor Modern Priscilla Sunkist Junior Orange and Lemon Juice Extractor;
(1929) electrically powered; extracts all the juice $14.95
Omelet Pan Modern Priscilla Omelet pan; made from the super-metal Hyb-Lum;
(1929) is light as aluminum but stronger $6.75
Range The Literary Digest Campbell Automatic Electric Fireless Cooker; an
(1928) electric range with new quick-ring heating elements
which actually cook as fast as gas $25.50
Range Lorick & Lowrance Supreme Enterprise; cast with duplex grate for coal
Hardware or wood $78
(1928)
Table Stove Sears, Roebuck Heavy cast stoves for kitchenette use; for 110-volt
(1927) current only $5.25
Toaster Antique Week Toastermaster Automatic; pop-up toaster $12.50
(1926)
Toaster Lorick & Lowrance Universal; electric; has bread-pack drop that never
Hardware fails to work $4.95
(1928)
Vacuum Cleaner Delineator Hoover vacuum; cleaning that tires you not at all;
(1928) positive agitation
Model 700 $75.00
Model 543 $59.50
Vacuum Cleaner Sears, Roebuck Greater Energex; attachments complete and with
(1927) airizer device for 110-volt city current only $33.90
Waffle Iron Lorick & Lowrance Universal; electric; pure aluminum; 7 1/2” grids
Hardware that require no greasing $9.75
(1928)
Baby Products
Baby Bottle Kit Time Sterilizer and carrier; pack it with ice—carry anywhere $5
(1928)
Business Equipment & Supplies
Amplifier Popular Science Thordarson Power Compact is the only power supply
Monthly foundation unit available to the home constructor;
(1927) transform your radio set
Power Compact R-171 $15.00
Bonds The Youth’s Smith Bonds; sold in denominations of $100, $500
Companion and $1,000 with maturities from 2 years to 15 years 7%
(1925)
Counter Popular Science Veeder Set-Back Rotary Ratchet Counter; for presses
Monthly and metal-stamping machines with reciprocating
(1927) movement $11.50
Drill Press Popular Science Knapp Drill Press, drills wood, iron, copper, brass,
Monthly aluminum, lead, slate, bakelite $4.50
(1927) Denver West $4.75
Lathe Popular Science Junior South Bend Lathe; practical for handling the
Monthly finest work in the machine shop, manufacturing plant
(1927) or tool room $175
Trucks Time White trucks earn the most profit
(1928) Light delivery, 1 1/2-ton chassis $2,125
Heavy duty, 3-ton chassis $4,650
Collectibles
Autograph The Youth’s Signature of Button Gwinnett, one of the 56 signers of
Companion The Declaration of Independence, representing Georgia $14,000
(1925)
Gun Antique Gun and Kentucky Flintlock Smooth Bore; with heavy octagonal
Military Catalog barrel, 36”, 9/16” bore $50
(1925)
186
THE VALUE OF A DOLLAR Selected Prices, 1925-1929
Gun Antique Gun and Smooth Bore Flint-lock Musket; 3/4” bore; good, cleaned
Military Catalog condition; perhaps made about 1840 $14
(1925)
Gun Antique Gun and Revolving double-barrel flintlock, one hammer with two
Military Catalog flash pans, one attached to each barrel $120
(1925)
Pistol Antique Gun and Pepper-box revolving barrel, 6-shot, top hammer,
Military Catalog engraved frame $12
(1925)
Rifle Antique Gun and Flintlock 1766; 21” octagonal barrel, engraved “fowler”
Military Catalog on barrel “1766” $25
(1925)
Education
Camp for Girls Delineator Camp Sequoya for girls in Allegheny Mountains;
(1928) water sports, tennis, hockey Bristol, Virginia
8-week term $225
Cornell University Popular Science Total annual cost of Cornell, including tuition and
Monthly living expenses $1,400
(1927)
Prep School Delineator Dean Academy; young men and young women find
(1928) a home-like atmosphere
Per year $500 to $600
School for Boys Delineator Curtis, a school for 30 young boys, home-life, strong,
(1928) clean influence, Brookfield, Connecticut $1,200
School for Boys Delineator Dakotah School for Boys; a home school in the
(1928) country for boys under 15; Dakota, Illinois
Rates $600 to $650
School for Boys Delineator Gettysburg Academy; a school for 100 boys, new
(1928) gymnasium and swimming pool, Gettysburg,
Pennsylvania
Per year $475 to $575
Entertainment
Boxing Match Guinness Book of Ring-side ticket price for Tunney vs. Dempsey heavy
World Records weight title fight in 1926 $27.50
(1981)
Concert Ticket Washington Post London String Quartette; Washington Auditorium $1–$2
(1926)
Entertainment, Home
Butterfly Shades Modern Priscilla All materials and directions for making exquisite
(1929) butterfly shade $5.00
Camera Time Graflex; Graflex is the only camera which shows the
(1928) action in the finder exactly as on the negative;
Series B, 3 1/4” x 4 1/2”; speed up to 1/1000 second $80
Camera Time Graflex; the camera that shows the action in the finder
(1928) exactly as on the negative
Series B, speed up to 1/1000 second $80.00
Microscope Popular Science Wollensak Optical 250 power microscope $16.50
Monthly
(1927)
Radio Sears, Roebuck Model XVIII; six tube; receiver only $39.95
(1927)
Radio Sears, Roebuck Model XX; six-tube receiver with all accessories; includes
(1927) two large detector-amplifiers, storage battery, tubes,
two large-duty 45-volt “B” batteries; one 100 ampere-hour
storage battery, aerial; weight 205 lbs. $99.95
187
Selected Prices, 1925-1929 THE VALUE OF A DOLLAR
Radio Literary Digest Atwater Kent Model 30: powerful one-dial, six-tube $65
(1928) receiver
Radio Literary Digest Atwater Kent Model 33; one dial, six tube receiver with
(1928) solid mahogany cabinet; effective when distance getting
is essential $75
Radio Time Gembox; 6-tube electric radio $65
(1928)
Radio Time Showbox; 8-tube AC electric radio $80
(1928)
Farm Equipment & Supplies
Dog Medicine The Farm Journal Glover’s Mange Medicine $0.65
(1927) Glover’s Imperial Medicated Soap $0.30
Glover’s Distemper Medicine $1.25
Fence The Farm Journal Kokomo ornamental wire fence, costs less than wood
(1927) Per foot $0.06
Horse Treatment The Farm Journal Absorbine reduces thickened, swollen tissues, curbs
(1927) filled tendons, soreness from bruises or strains
Per box $2.50
Lamb The Farm Journal Average of 29 ewes sold by Caldwell County, Missouri
(1927) farmer $16.69
Medicine for Carolina Gazette Absolutely rids chickens of sorehead $0.35
Chickens (1925)
Plow Lorick & Lowrance Oliver; one-horse; right-hand capacity,
Hardware 4” deep by 7” wide $8.25
(1928)
Poultry Medicine The Farm Journal Walko White Diarrheach Remedy; reduces chicken loss
(1927) Per package $0.50
Spark Plug The Farm Journal Champion X spark plugs; exclusively for Ford cars,
(1927) trucks and Fordson tractors
Set of four $2.40
Udder Balm The Farm Journal Bag Balm, for dairy cattle udder and teats; will heal
(1927) between milkings
10-ounce package $0.60
Food Products
Milk Chocolate Sears, Roebuck Hershey’s; box of 24 $0.05 bars $0.97/box
(1926)
Strained Vegetables Modern Priscilla Gerber’s; vegetables for baby; fresh to the cooker;
(1929) per can
Strained vegetable soup $0.25
Strained carrots $0.15
Strained peas $0.15
Household Products
Blanket Modern Priscilla Nashua part wool blanket in color sets
(1929) Per pair, 72” x 84” $4.95
Cleaner Modern Priscilla Sani-Flush cleans closet bowls without scoring
(1929) Per can $0.25
Cleaning Fluid Modern Priscilla Energine; removes spots quickly, dries instantly and
(1929) leaves no odor
Handy sized can $0.35
Hammer Popular Science Plumb Ball Pein hammer; a safe hammer for car or
Monthly work bench $1.30
(1927)
Pots Delineator Mirror aluminum pots; cook the new way with vapo-
(1928) seal lids
10-quart size $6.50 (more in
far West) and
South
188
THE VALUE OF A DOLLAR Selected Prices, 1925-1929
Soap Modern Priscilla Super Suds; beads of soap make clothes whiter, dishes
(1929) brighter
Big box size $0.10
Tarnish Tissues Modern Priscilla Dexstar Staybrite Tissues; silverware will not show the
(1929) slightest tarnish when wrapped in tissues
Sample, including 48 sheets (size 20 x 30 inches) $1.00
Water Softner Delineator Mel’o, a Real Water Softner; a teaspoon in the dishpan
(1928) is enough
Full-sized can $0.10
Household Products
Alarm Clock Lorick & Lowrance Westclox Big Ben; mellow toned; rings on
Hardware back gong $3.25
(1928)
Bathroom Fixtures Marchand, Meeting the modern demand for color in bathroom
Advertising the fixtures; includes sink, toilet, and tub [cost in 1929] $157.45
American Dream
(1985)
Bathroom Outfit Sears, Roebuck Fairview; bathtub, lavatory and closet, with lavatory
(1927) supply and waste pipes to wall $64.75
Battery Lorick & Lowrance Ray-O-Vac; dry-cell A; 1 1/2 volts; diameter 2 1/2”;
Hardware height 6” $0.50
(1928)
Blanket Sears, Roebuck Cotton plaid; these best staple cotton blankets are
(1927) one-fifth lower than they were a year ago; 64” x 76”;
weight per pair, 2 1/2 lbs $1.72
Ceiling Fan Lorick & Lowrance Hunter; electric; 52” sweep, four basswood blades,
Hardware three speeds $52
(1928)
Chisels Lorick & Lowrance Cabinet; six different sizes in a box $10.20/bx
Hardware
(1928)
Clothes Pins Lorick & Lowrance One-piece standard pattern; hardwood $3.50/5 gross case
Hardware
(1928)
Comforter Vogue Carlin; with lamb’s wool filling; in Japanese silks $21
(1925)
Condiment Set Sears, Roebuck Made of Japanese lusterware decorated with cherry
(1927) blossoms; set consists of one tray, one mustard jar,
and one salt and pepper shaker $0.85
189
Selected Prices, 1925-1929 THE VALUE OF A DOLLAR
Corn Cake Pans Lorick & Lowrance 14 1/4” x 7 5/8” pan; makes 11 $0.85
Hardware
(1928)
Egg Beater Lorick & Lowrance Blue Whirl; no splash, even when whipping cream or
Hardware mixing salad dressing $1
(1928)
Fireplace Grate Lorick & Lowrance Cahill; three-piece frame, 10” opening, 39 lbs.,
Hardware oxidized copper $10
(1928)
Fuse Plug Lorick & Lowrance Universal; made to fit all Universal electric hollow ware $1.20
Hardware
(1928)
Grist Mill Lorick & Lowrance Black Hawk; will grind corn, wheat, rye, rice, or other
Hardware small grain, beans, peas, spices, etc. $4
(1928)
Hacksaw Lorick & Lowrance Miller Falls; pistol grip, 10” blade $2
Hardware
(1928)
Ice Cream Disher Lorick & Lowrance Gilchrist; automatic; pressing the thumb piece
Hardware rotates the scraper $2
(1928)
Ironing Table Lorick & Lowrance Daisy; adjustable to four different heights $2.35
Hardware
(1928)
Knives Lorick & Lowrance Universal Resistain; set of six steel paring knives $0.45
Hardware
(1928)
Lantern Lorick & Lowrance Dietz Monarch; 13 1/2” height; fount capacity 18 hours $12.50
Hardware
(1928)
Lavatory Lorick & Lowrance Kohler Columbia; enameled lavatory 20” x 24” $50.70
Hardware
(1928)
Luggage Time Five bags combined in one at practically the price of one $26.95
(1928)
Mousetrap Lorick & Lowrance Victor; sheet-metal bait trigger $1.80
Hardware
(1928)
Nail Hammer Lorick & Lowrance Plumb; adze eye, bell face; 1 lb $1.75
Hardware
(1928)
Paint Lorick & Lowrance Johnston’s Dulle Kote; for interior use; cleans easily
Hardware with soap and water $2.75
(1928)
Pocketknife Lorick & Lowrance Remington; pearl handle; three blades $3.50
Hardware
(1928)
Rule Lorick & Lowrance Lufkin Folding Aluminum Rule; 6’ length, 6” folds $2.10
Hardware
(1928)
Scale Vogue Detecto; watches your weight $15
(1925)
Soap Sears, Roebuck Toilet soap $0.83
(1927)
Spray Painting Time Portable; will cut your maintenance painting costs in $115
Machine (1928) half
Toilet Lorick & Lowrance Kohler; dorking; vitreous china wash-down closet
Hardware combination $35.05
(1928)
190
THE VALUE OF A DOLLAR Selected Prices, 1925-1929
191
Selected Prices, 1925-1929 THE VALUE OF A DOLLAR
Musical Instruments
Harmonica John Martin Hohner; Anyone can play the Hohner harmonica $0.50
(1926)
Other
Christmas Cards Modern Priscilla Charming Christmas cards with envelopes for hand
(1929) coloring 25 per package
$1.00
192
THE VALUE OF A DOLLAR Selected Prices, 1925-1929
Dental Cream The Literary Digest Squibb’s; make your teeth and gums safe at the danger $0.40
(1928) line
Eye Care Modern Priscilla Murine for your eyes; every woman longs for clear,
(1929) bright eyes
Month’s supply $0.60
False Teeth Holder The Literary Digest Klutch; forms a comfort cushion; holds the plate so snug
(1928) it can’t rock $0.50
Hair Dryer Lorick & Lowrance Polar Cub; electric; for drying hair, shoes, delicate
Hardware fabrics, motor-driven blower type $4.95
(1928)
193
Selected Prices, 1925-1929 THE VALUE OF A DOLLAR
Hair Treatment Sears, Roebuck Water Waver for Hair; beautiful deep graceful water
(1927) waves assured; set of 6 $2.45/set
Hairpins Sears, Roebuck Celluloid; brown-shell or yellow-amber color;
(1927) 24 pins per box $0.23/bx
Lipstick Vogue Tangee; be beautiful with Tangee $1
(1925)
Mouthwash Sears, Roebuck $0.79
(1927)
Razor The Farm Journal Durham-Duplex Razor—the blades men swear by, not at
(1927) Set includes razor and two $0.50 packages of blades $1.50
Razor Blade Lorick & Lowrance Gillette; double edge; half packet 5 blades $0.50
Hardware
(1928)
Safety Razor Lorick & Lowrance Enders; knurled razor handle made of dualumin $1
Hardware
(1928)
Safety Razor Lorick & Lowrance Gillette New Standard; genuine-leather-covered case,
Hardware purple velvet and satin lined $5
(1928)
Shaving Lotion Sears, Roebuck Talc for Men $0.19
(1927)
Shaving Soap Sears, Roebuck Colgate’s Barber’s Bar; 1 lb equals 8 cakes $0.49/lb
(1927)
Suntan Lotion Delineator Helena Rubinstein’s Valaze Suntan Lotion $2.50
(1928)
Tissue Lorick & Lowrance Scott; the soft, smooth tissue with purity, whiteness
Hardware and quick absorbency; 50 roll case $6.50/case
(1928)
Tissue Roland Marchand, Scott; now doctors ask you: is your bathroom paper safe?
Advertising the [cost in 1928] $0.25
American Dream
(1985)
Toilet Tissue Delineator A. P. W. Satin Tissue; soft, absorbent, pure; scientifically
(1928) safe
One year’s supply, 10,000 sheets in rolls $2.00
One year’s supply, 9,000 sheets flat $2.45
Toothpaste The Literary Digest Listerine; the best paste that scientific knowledge
(1928) could achieve $0.25
Toothbrush Sears, Roebuck A popular type brush highly recommended by dentists $0.25
(1927)
Toothbrush The Literary Digest Prophylactic; reaches every tooth every time you brush $0.50
(1928)
Publications
Article Marchand, “Truth is Stranger than Fiction” (1929) $0.25
Advertising the
American Dream
(1985)
Book Washington Post Abraham Lincoln, The Prairie Years by Carl Sandburg;
(1926) two-volume set $10
Book Confederate Veteran Echoes From Dixie, The Best Collection of the
Magazine Real Old Songs of the South $1
(1928)
Book John Martin Winnie The Pooh; amusing as only Christopher
(1927) Robin’s ‘Bear of the Little Brain’ could make it $2
Magazine The Youth’s The Youth’s Companion, published weekly, one-year
Companion subscription $2.50
(1925)
194
THE VALUE OF A DOLLAR Selected Prices, 1925-1929
Fishing Line Lorick & Lowrance Mayo; twisted; made of Irish linen $5.60
Hardware
(1928)
Fishing Plug Sears, Roebuck South Bend Wiz-Oreno; practically weedless, single
(1927) hook, swiveling spinner, hankle fly and pork-rind snap $0.87
Fishing Reel Sears, Roebuck Shakespeare Criterion Level; winding; 100-yd capacity;
(1927) full quadruple-multiplying correct-level winding $4.37
Fishing Reel Lorick & Lowrance Shakespeare Criterion Level; winding; capacity 100 yds $5
Hardware
(1928)
Football Sears, Roebuck Glenn F. Thistlewaite; official; stemless bladder, ready-
(1927) laced and ready to be inflated $6.85
Football Lorick & Lowrance Rawlings Official Intercollegiate; pebble-grain leather $12
Hardware
(1928)
Football Helmet Lorick & Lowrance Black strap leather; white felt padding $5.50
Hardware
(1928)
Football Pants Sears, Roebuck Red Grange; boys; made of good quality duck-felt pad
(1927) at top, reinforced with tape; autographed photograph of
Red Grange furnished with each pair of pants $3.89
Golf Ball Time Dunlop; Have you ever heard anyone ask for a better
(1928) ball than a Dunlop?
Each $1.00
Golf Ball Time Practo; Practo makes perfect; this knitted golf ball will
(1928) not travel far and it can’t break anything $0.25
Golf Ball Lorick & Lowrance U. S. Royal; recessed marking $1
Hardware
(1928)
Golf Club Lorick & Lowrance Macgregor Master; driver $15
Hardware
(1928)
Golf Clubs Lorick & Lowrance Macgregor Duralite Uni-Set; irons; set of eight $78
Hardware
(1928)
Golf Tee Time Be sure you get the original and genuine $0.25
(1928)
Golf Tee Time The Reddy Tee
(1928) 18 for $0.25
Gun Lorick & Lowrance L. C. Smith Field Grade; double-barrel shotgun;
Hardware made entirely of steel $40
(1928)
Gun Sears, Roebuck Winchester Model 94; solid-frame repeating rifle;
(1927) the well known lever action style, noted for its simple
mechanism, accuracy, and reliability $31.98
Knife Lorick & Lowrance Official Boy Scouts of America; stag handle, four blades $1.80
Hardware
(1928)
Rifle The Farm Journal J. Stevens Arms Company; manufactured over 10 million
(1927) arms; single shot, .22 long rifle $8.00
Rifle Antique Gun and German Breech-loading Target Rifle: heavy octagonal
Military Catalog barrel, fine muzzle front sight, sliding-leaf peep sight $16
(1925)
Scooter Sears, Roebuck DeLuxe all-steel roller-bearing scooter $3.98
(1927)
Shotgun Sears, Roebuck Single barrel; matted top rib, trap-style automatic
(1927) ejector, 12 gauge $12.35
196
THE VALUE OF A DOLLAR Selected Prices, 1925-1929
Shotgun Sears, Roebuck Single barrel; barrel is drilled from solid bar of
(1927) special gun barrel steel, 12 gauge, 20” barrel $8.95
Shotgun Shells Lorick & Lowrance Remington New Club; loaded with blank powder;
Hardware 12 gauge; case of 100 $37/case
(1928)
Tennis Racket Lorick & Lowrance Narragansett; 3-piece; full-beveled laminated frame, $15
Hardware 60 line
(1928)
Tent Sears, Roebuck Army duck waterproofed umbrella style; new popular
(1927) empire green color, size 9 3/4’ x 10 1/2” $37.85
Tobacco Products
Pipe Tobacco Popular Science Old Briar tobacco is bringing smokers back to the pipe
Monthly Per box $0.50
(1927) $1.00
$2.00
Toys
Board Game Sears, Roebuck Ouija; apparently answers questions concerning your
(1927) past, present and future, equipped with Fauld’s new
patented transparent indicator $0.98
Board Game Sears, Roebuck Special Auto Race; no more exciting game; each kiddie
(1927) has his own metal racer; two or four can play $0.39
Cash Register John Martin Ask your dealer for Uncle Sam’s registering and adding
(1927) savings banks $3
Construction Set John Martin Lincoln Logs; the all-American toy
(1927) 53 Logs $1
234 Logs $4
Construction Set Sears, Roebuck Tinker Toy Wonder Builder; will build operating models;
(1927) an ideal wood construction toy for the younger child $0.63
Crayons John Martin Rubens Crayola; 24 bright permanent colors $0.30
(1926)
Doll John Martin Amberg Newborn Baskit Babe; get the guaranteed
(1926) Amberg Newborn Babe $1
Doll Sears, Roebuck The New Happy Baby; smiling-faced, dimpled baby doll,
(1927) sure to bring Sunshine and Happiness to your
little daughter; 23”, 4 1/2 lbs $6.48
Doll John Martin Chase Stockinet; most prized and loved by the little folks $3.50
(1927)
Doll Carriage Lorick & Lowrance Machine-woven flat fibre body, weight 17 lbs $3.50
Hardware
(1928)
Dollhouse Furniture John Martin Four-poster bedroom; 14 pieces $14.25
(1927)
Doll Embroidery John Martin These attractive outfits for “Dolly” will interest your child
Outfits (1927) in sewing and embroidery $1
Erector Set John Martin Super erector No. 7 builds 533 models $10
(1926)
Erector Set Sears, Roebuck 235 parts, builds 500 models; a very popular size which
With Motor (1927) will make anybody happy $4.47
197
Selected Prices, 1925-1929 THE VALUE OF A DOLLAR
198
THE VALUE OF A DOLLAR MIscellany, 1925-1929
MISCELLANY 1925-1929
Random Prices Sears Says We Pay the Postage
Cost of the modes nine-room rented house at Sears, Roebuck and Co. announces with the
21 Massasoit Avenue, Northampton, Mass. rented issuance of this catalog the greatest single step
by President Calvin Coolidge on election day, forward in Mail Order merchandising since the
November, 1928: $32.50 a month. establishment of the Parcel Post.
Wages paid the Marx Brothers for filming a Every article in this catalog which can be con-
movie version of The Cocoanuts for Paramount: veniently sent by parcel post will be shipped to
$100,000. you postage prepaid.
The Year of the Great Crash, 1929, by William K. Klingaman Sears and Roebuck Catalogue, Spring 1929
(New York: Harper and Row)
199
MIscellany, 1925-1929 THE VALUE OF A DOLLAR
MISCELLANY 1925-1929
Cost of Medical Service
A study of the cost of medical service was
made by the Bureau of Labor Statistics from
information secured in the first week of April
1928, from its personnel of 117 persons, other
than the commissioner, assistant commissioner,
and agents in the field. One hundred and fourteen
satisfactory schedules were secured.
The term cost of medical service as used in
this study, covers all direct expenditures for
health purposes, including the care of the teeth
and eyes, medicines, hospital and nursing
charges, surgical appliances, etc. as well as the
services of physicians and surgeons.
The principal points developed from the study
are as follows: the average annual expenditures
per employee for medical services were $98.92
for the salary group earning less than $2,000 per
year; $146.13 for the salary group $2,000 to
$3,000; and $190.63 for the salary group $3,000
and over. The average medical costs represented
6.2 percent of salary in the lower salary group;
6.3 percent in the middle group; and 5.5 percent
in the upper group.
Handbook of Labor Statistics, 1929
200
THE VALUE OF A DOLLAR Historical Snapshot, 1930-1934
HISTORICAL SNAPSHOT
1930-1934
1930 Safeway Stores reach their peak of Gasoline sells for 18¢ a gallon
Unemployment passes 4 million 3,527 stores General Motors assumes leader-
University of Pennsylvania profes- Birds Eye Frosted Foods sold ship in motorcar sales, followed by
sor creates beginnings of Gross nationally for first time Chrysler, then Ford
National Product Index IBM enters the typewriter business
More than 1,352 banks close 1932 Esquire magazine is launched
First analog computer is placed in Average weekly wage falls to $17; Agricultural Adjustment Act
operation by Vannevar Bush breadlines form approved by Congress
U.S. has one passenger car per 5.5 Wall Street’s Dow Jones Industrials Ritz Crackers introduced by
persons Average drops to 41.22 National Biscuit Company
Gasoline consumption rises to AF of L urges that work be spread A&P stores control 11 percent of
nearly 16 billion gallons through a 30-hour week grocery stores sales
Radio set sales increase to 13.5 million Patent application for a parking
Advertisers spend $60 million on meter is made by Oklahoma City 1934
radio commercials News editor Carl C. Magee United Airlines is created when
Fortune Magazine launched by Beech Aircraft Corporation United Aircraft and Transportation
Henry R. Luce; cost $1 per issue founded at Wichita, KS Company, a holding company, is
Family Circle magazine begins pub- divided into three parts
1931 lication Price of gold stabilized by Depart-
Zippo lighter introduced ment of Treasury at $35
Car sales collapse; 1,000,000 auto
workers laid off Farm prices fall to 40 percent of Greyhound cuts business fares in half
Ford halts production of Model A 1929 levels to $8 between New York and Chicago
2,294 banks close Campbell’s tomato juice introduced Seagram’s 7 Crown blended
whiskey introduced
Unemployment reaches 8 million
1933 Soybean acreage increases to 1 million
Alka-Seltzer introduced by Miles
Laboratories City of Detroit defaults on $400 mil- Drought reduces corn crop by
lion debt nearly 1 billion bushels
Chicago gangster Al Capone con-
victed of evading $231,000 in Average earnings for a physician are Securities and Exchange
federal income taxes $3,382; $8,663 for a congressman; Commission is created
Clairol Hair products introduced $1,227 for a public school teacher 4.7 million families are on relief
by U.S. chemists U.S. abandons the gold standard Los Angeles Farmers Market
New York’s Waldorf-Astoria Hotel National bank holiday proclaimed opens; booths cost 50¢ a day
opens March 5 Royal Crown Cola is introduced
201
Selected Income, 1930-1934 THE VALUE OF A DOLLAR
Accountant New York Times Certified, diversified experience; public, private $45/wk
(1932) position
Actor The Scribner Weekly salary of movie star Pat O’Brien, lead in
Encyclopedia of Flying High in 1931 $1,750
American Lives,
1987
Actor Catherine Legrand Weekly income of Johnny Weissmuller to play Tarzan
and Robyn Karney, the Ape Man in 1932 $250
Chronicle of the
Cinema
(1995)
Baseball Player Sports Illustrated Annual salary of New York Yankees’ Babe Ruth in 1930 $80,000
Basketball Player Victor Bondi, ed., Monthly earnings of Babe Didrikson while touring with
American Decades: a mixed gender professional basketball team in 1934 $1,500
1930–1939
(1995)
Cook Chicago Tribune White, expd. woman. No Sunday work $15/wk
(1931)
Cook San Francisco Housework, care for infant; good home $15/mo
Examiner
(1932)
Domestic New York Want white, Protestant girl, with good disposition for
Herald Tribune cooking and downstairs work in the country. Must be
(1930) willing to share large corner bedroom and bath with
other maid $75/mo
Domestic San Francisco Spanish-American lady for light housework $10/mo
Examiner
(1932)
Dressmaker New Orleans German; coats, suits, dresses; at home or out $5/wk
Times-Picayune
(1930)
Driver New Orleans Route of 60 families; reliable hustler can start earning
Times-Picayune and increase rapidly $35/wk
(1931)
Government Jobs The State Government jobs; men, women; 18 and up; common
(Columbia, SC) education usually sufficient; sample coaching;
(1930) full particulars free $1,260–$3,400/yr
Miscellaneous Chicago Tribune Girls over 21; three permanent positions. $22.50/wk to start
(1931)
Miscellaneous Chicago Tribune A man, permanent position; old established company
(1933) only energetic men with best references need apply. $50/wk
Musicians Mary A. Bufwack and Nightly payment for The Vagabonds’ appearance on
Robert K. Oerman, The Grand Old Opry in 1933 $75
Finding Her Voice,
The Saga of
Women in
Country Music
(1993)
Office Assistant New York Times Young man, quick and accurate at figures; state age,
(1934) education, experience if any; references $15/wk
202
THE VALUE OF A DOLLAR Selected Income, 1930-1934
Job Source Description Pay
203
Consumer Expenditures, 1930-1934 THE VALUE OF A DOLLAR
204
THE VALUE OF A DOLLAR Investments, 1930-1934
INVESTMENTS 1930-1934
Investment 1930 1931 1932 1933 1934
Basic Yield, One-Year Corporate Bonds 4.40 3.05 3.99 2.60 2.62
Short-Term Interest Rates, 4–6 Months,
Prime Commercial Paper 3.59 2.64 2.73 1.73 1.02
Basic Yield, Common Stocks, Total 4.26 5.58 6.69 4.05 3.92
Index of Common Stocks (1941⫺1943⫽10) 21.03 13.66 6.93 8.96 9.84
COMMON STOCKS, CLOSING PRICE AND YIELD, FIRST BUSINESS DAY OF YEAR
(Parenthetical number is annual dividend in dollars)
Allis Chalmers 49 1/2 34 7/8 11 6 3/8 17 1/4
(4 for 1 split, 9/20/29) (3) (3) (1) (/) (/)
AT&T 220 181 112 1/4 103 108 1/2
(5) (9) (9) (9) (9)
American Tobacco 201 106 67 55 3/8 67
(2 for 1 split, 9/4/30) (8) (5) (5) (5) (5)
Anaconda 72 3/8 32 16 3/8 7 3/8 14 1/8
(7) (2 1/2) (/) (/) (/)
B&O 116 3/4 71 7/8 14 7/8 8 7/8 23 3/8
(7) (4) (/) (/) (/)
Bethlehem Steel 93 1/4 52 7/8 18 1/2 14 1/2 36 3/8
(6) (6) (4 1/2) (/) (/)
Corn Products 89 3/4 80 1/2 38 7/8 53 1/2 75
(3) (3) (3) (3) (3)
General Electric 242 1/4 45 3/8 23 1/4 14 7/8 19 1/2
(4 shares for 1 split, 1/24/30) (1.60) (1.60) (1.60) (.40) (.40)
General Motors 40 1/2 37 3/8 20 3/4 13 1/8 35
(2 1/2 shares for 1 split, 1/7/29) (3) (3) (3) (1) (1)
International Business Machines 164 1/4 152 100 89 142
(5% stock dividend, 1/10/30) (6) (6) (6) (6) (6)
(5% stock dividend, 1/11/32)
(5% stock dividend, 1/11/32)
Intl Harvester 79 50 3/8 24 20 3/4 39 3/8
(2) (2 1/2) (2 1/2) (1.20) (.60)
National Biscuit 177 79 38 3/4 38 3/8 46 1/8
(2 1/2 shares for 1 split, 11/15/22) (6) (2.80) (2.80) (2.80) (2.80)
US Steel 167 1/4 142 37 1/8 27 1/8 47 3/4
(7) (7) (4) (/) (/)
Western Union 194 134 1/2 33 5/8 26 1/2 53 3/4
(8) (8) (6) (/) (/)
205
Standard Jobs, 1930-1934 THE VALUE OF A DOLLAR
Average of all Industries, excl. farm labor $1494/yr $1406/yr $1244/yr $1136/yr $1146/yr
Average of all Industries, inc. farm labor $1388/yr $1298/yr $1141/yr $1045/yr $1066/yr
Bituminous Coal Mining $909/yr $723/yr $748/yr $900/yr $1119/yr
Building Trades $1233/yr $907/yr $869/yr $942/yr $1526/yr
Domestics $676/yr $584/yr $497/yr $460/yr $473/yr
Farm Labor $444/yr $355/yr $279/yr $259/yr $286/yr
Federal Civilian $1768/yr $1895/yr $1824/yr $1673/yr $1717/yr
Federal Employees, Executive Depts. $1492/yr $1549/yr $1504/yr $1213/yr $1178/yr
Federal Military $1182/yr $1164/yr $1070/yr $1070/yr $1191/yr
Finance, Insurance, & Real Estate $1973/yr $1858/yr $1652/yr $1555/yr $1601/yr
Gas & Electricity Workers $1603/yr $1600/yr $1542/yr $1453/yr $1510/yr
Manufacturing, Durable Goods $1391/yr $1127/yr $1087/yr $1171/yr $1556/yr
Manufacturing, Nondurable Goods $1425/yr $1352/yr $1166/yr $1086/yr $1139/yr
Medical/Health Services Workers $933/yr $919/yr $865/yr $810/yr $801/yr
Miscellaneous Manufacturing $1466/yr $1230/yr $1166/yr $1195/yr $1535/yr
Motion Picture Services $2179/yr $2175/yr $1950/yr $1891/yr $1844/yr
Nonprofit Org. Workers $1698/yr $1653/yr $1545/yr $1442/yr $1440/yr
Passenger Transportation
Workers, Local and Highway $1587/yr $1500/yr $1328/yr $1219/yr $1310/yr
Personal Services $1200/yr $1136/yr $996/yr $889/yr $905/yr
Public School Teachers $1455/yr $1463/yr $1399/yr $1300/yr $1265/yr
Radio Broadcasting & Television Workers $2624/yr $2732/yr $2740/yr $2510/yr $2198/yr
Railroads $1717/yr $1661/yr $1461/yr $1439/yr $1505/yr
State and Local Govt. Workers $1517/yr $1497/yr $1427/yr $1333/yr $1289/yr
Telephone & Telegraph Workers $1410/yr $1436/yr $1335/yr $1245/yr $1338/yr
Wholesale and Retail Trade Workers $1569/yr $1495/yr $1315/yr $1183/yr $1228/yr
206
THE VALUE OF A DOLLAR Food Basket, 1930-1934
Beans, Navy, per pound 1930 13.60¢ 13.10¢ 11.90¢ 10.30¢ 11.70¢
1931 10.10¢ 8.60¢ 7.90¢ 7.30¢ 7.80¢
1932 5.70¢ 6.10¢ 5¢ 5.10¢ 5.60¢
1933 5.80¢ 6.30¢ 4.90¢ 5.50¢ 5.80¢
1934 7.50¢ 7¢ 6¢ 6.40¢ 6.70¢
Beef, Rib Roasts, per pound 1930 40.50¢ 32.40¢ 38.20¢ 29.10¢ 32.90¢
1931 35.10¢ 28.40¢ 32.70¢ 25.20¢ 26.90¢
1932 30.20¢ 24.10¢ 26.30¢ 20.80¢ 22.70¢
1933 25.20¢ 21.30¢ 22.30¢ 18¢ 21.60¢
1934 27.10¢ 21.60¢ 23.50¢ 18¢ 20.90¢
Beef, Steaks, (Round), per pound 1930 47.50¢ 42.20¢ 43.10¢ 34.70¢ 35.90¢
1931 40.10¢ 37.30¢ 35.10¢ 28.50¢ 28.30¢
1932 35.80¢ 32.50¢ 28.10¢ 23.40¢ 24.80¢
1933 29.40¢ 27.50¢ 23.60¢ 21.60¢ 24.40¢
1934 31.90¢ 28.40¢ 25.40¢ 23.90¢ 24.70¢
Bread, White, per loaf 1930 8.60¢ 9.70¢ 9.30¢ 7.50¢ 8.60¢
1931 7.70¢ 7.90¢ 8.70¢ 6.50¢ 7.50¢
1932 7.40¢ 6.80¢ 7.50¢ 5.90¢ 6.70¢
1933 7.80¢ 7.40¢ 6.50¢ 6.40¢ 7.70¢
1934 8.90¢ 8.90¢ 7.40¢ 7.60¢ 7.80¢
Butter, per pound 1930 46.10¢ 50.30¢ 44¢ 41.50¢ 44.90¢
1931 35.90¢ 40¢ 34¢ 33.20¢ 36.10¢
1932 28.30¢ 30¢ 26.90¢ 25.60¢ 28.40¢
1933 28.90¢ 28.70¢ 27.50¢ 26.20¢ 27.30¢
1934 32.50¢ 31.40¢ 31¢ 30.60¢ 31.50¢
Cheese, per pound 1930 38¢ 31.50¢ 39.60¢ 36.70¢ 35.30¢
1931 32.20¢ 24.80¢ 31¢ 28.70¢ 28.10¢
1932 28.60¢ 21¢ 26.10¢ 24.50¢ 24.50¢
1933 26.90¢ 20.50¢ 25.50¢ 24.40¢ 23.80¢
1934 27.40¢ 21.10¢ 26.50¢ 24.20¢ 23.60¢
Chickens, per pound 1930 37.30¢ 34.20¢ 31.50¢ 29¢ 41.10¢
1931 32.50¢ 28.90¢ 32.70¢ 26.10¢ 35.10¢
1932 26.50¢ 21.80¢ 26.10¢ 18¢ 28.80¢
1933 22.60¢ 18.20¢ 21.70¢ 18¢ 26.30¢
1934 27.60¢ 23.10¢ 25.80¢ 19.70¢ 27.90¢
Coffee, per pound 1930 36.50¢ 39.50¢ 40.20¢ 43.40¢ 44.20¢
1931 31.10¢ 34.50¢ 33.80¢ 40.30¢ 37.80¢
1932 28.70¢ 29.10¢ 31¢ 32.50¢ 33.20¢
1933 25.90¢ 25.30¢ 27.50¢ 32.50¢ 30.20¢
1934 26.90¢ 26¢ 27¢ 31.20¢ 30.90¢
Cornmeal, per pound 1930 6.50¢ 4¢ 6.80¢ 4.60¢ 5.60¢
1931 5.90¢ 3¢ 5.60¢ 4.20¢ 4.80¢
1932 5.30¢ 2.10¢ 5.30¢ 4.10¢ 4.10¢
1933 5.10¢ 2.30¢ 4.90¢ 3.80¢ 3.50¢
1934 5.80¢ 2.80¢ 5.40¢ 4.50¢ 4.40¢
Eggs, per dozen 1930 51.60¢ 39.50¢ 41.40¢ 35¢ 38.80¢
1931 41.70¢ 30¢ 33¢ 26.60¢ 32.80¢
1932 36.90¢ 24.70¢ 27.60¢ 24.10¢ 28.10¢
1933 35¢ 23.60¢ 26.40¢ 25¢ 28¢
1934 38¢ 28.20¢ 30.30¢ 29¢ 30.10¢
207
Food Basket, 1930-1934 THE VALUE OF A DOLLAR
Flour, Wheat, per pound 1930 4.40¢ 5.50¢ 4.10¢ 3.60¢ 4.40¢
1931 3.50¢ 4.10¢ 3.30¢ 2.70¢ 3.30¢
1932 3.40¢ 3.60¢ 2.80¢ 2.40¢ 2.90¢
1933 4¢ 4.40¢ 3.70¢ 3.20¢ 3.60¢
1934 5.30¢ 4.40¢ 4.70¢ 4¢ 4.50¢
Lard, per pound 1930 17.70¢ 16.50¢ 17.30¢ 16.40¢ 17.30¢
1931 14.10¢ 12.70¢ 13¢ 13.10¢ 13.70¢
1932 9.80¢ 8.40¢ 8.90¢ 8.90¢ 9.40¢
1933 9.90¢ 9.10¢ 9.10¢ 8.60¢ 9.50¢
1934 12.20¢ 11.90¢ 11.30¢ 11.70¢ 11.90¢
Milk, Fresh, per quart 1930 15.70¢ 16.20¢ 14¢ 11.40¢ 14.50¢
1931 14.70¢ 14.70¢ 13¢ 10.30¢ 12.60¢
1932 11.90¢ 13.30¢ 11.20¢ 10.10¢ 10.60¢
1933 11.20¢ 12.40¢ 9.90¢ 10¢ 10.70¢
1934 12.40¢ 12.20¢ 9.50¢ 10.10¢ 10.80¢
Mutton and Lamb, Leg, per pound 1930 33.90¢ 36.50¢ 34.90¢ 32.10¢ 32.30¢
1931 28.90¢ 29.80¢ 30.40¢ 27¢ 25.30¢
1932 23.20¢ 22.70¢ 24.20¢ 20.80¢ 21.30¢
1933 21.40¢ 21.60¢ 21.80¢ 19.60¢ 21.40¢
1934 25.20¢ 23.10¢ 24.80¢ 22.40¢ 24¢
Pork, Bacon, Sliced, per pound 1930 45¢ 38.50¢ 46.50¢ 40.40¢ 40.20¢
1931 39.10¢ 31.50¢ 40.40¢ 35.10¢ 38.20¢
1932 27.40¢ 20.50¢ 27.20¢ 24.10¢ 27.90¢
1933 24.80¢ 21.30¢ 25¢ 21.80¢ 21.70¢
1934 31.40¢ 27.20¢ 30.40¢ 29¢ 32.50¢
Pork Chops, per pound 1930 39¢ 33.50¢ 35.60¢ 34.30¢ 40.90¢
1931 32.10¢ 27.70¢ 29.60¢ 28¢ 32.70¢
1932 24.10¢ 21.20¢ 21.30¢ 18.70¢ 24.30¢
1933 21.70¢ 19.70¢ 19.90¢ 17.90¢ 25.40¢
1934 26.60¢ 24.60¢ 25.40¢ 23.80¢ 30.20¢
Pork, Ham, Sliced, per pound 1930 55.30¢ 51.80¢ 55.40¢ 52.50¢ 65¢
1931 48.30¢ 44.30¢ 48.20¢ 45¢ 53.10¢
1932 39.10¢ 33.20¢ 36.10¢ 35.10¢ 41.40¢
1933 35.10¢ 30.40¢ 30.70¢ 31.90¢ 38.10¢
1934 39¢ 36.20¢ 36.60¢ 37.40¢ 46.40
Potatoes, Irish, per pound 1930 3.80¢ 4.40¢ 3.70¢ 3.40¢ 3.65¢
1931 2.60¢ 3.10¢ 2.40¢ 2.20¢ 2.30¢
1932 2¢ 2.30¢ 1.80¢ 1.80¢ 1.90¢
1933 2.60¢ 2.70¢ 2.30¢ 2.20¢ 2.20¢
1934 2.70¢ 2.70¢ 2.50¢ 2.30¢ 2.20¢
Prunes, Dried, per pound 1930 14.90¢ 16.90¢ 17.10¢ 17.30¢ 14.80¢
1931 10.70¢ 11.80¢ 12.70¢ 13.30¢ 10.40¢
1932 8.40¢ 9.70¢ 10.60¢ 10.80¢ 8.70¢
1933 8.80¢ 9.40¢ 10.90¢ 10.90¢ 8.60¢
1934 10.90¢ 11.50¢ 12.90¢ 12.80¢ 10.40¢
Rice, per pound 1930 9.10¢ 8.50¢ 10.10¢ 8.90¢ 9.20¢
1931 8¢ 7.60¢ 8.20¢ 7.70¢ 7.70¢
1932 6.50¢ 6¢ 7.10¢ 6.40¢ 6.60¢
1933 6¢ 5.70¢ 6.50¢ 6.20¢ 6.10¢
1934 5.80¢ 7.70¢ 8.10¢ 8.40¢ 8.10¢
Sugar, per pound 1930 5.50¢ 6.50¢ 6.20¢ 6.70¢ 5.80¢
1931 5.20¢ 6¢ 5.70¢ 6.20¢ 5.40¢
1932 4.80¢ 5.20¢ 5.20¢ 5.70¢ 4.90¢
1933 5¢ 5.60¢ 5.40¢ 6¢ 5¢
1934 5.30¢ 5.80¢ 5.70¢ 6.10¢ 5.10¢
208
THE VALUE OF A DOLLAR Food Basket, 1930-1934
209
Selected Prices, 1930-1934 THE VALUE OF A DOLLAR
Advertising
Advertisement Roland Marchand, Ladies’ Home Journal [cost in 1933] $12,500/full pg
Advertising The
American Dream
(1985)
Advertisement Marchand, Weekly advertising cost for Comic Weekly and
Advertising The other nationally syndicated Sunday comic supplements $16,000–
American Dream [cost in 1933] $17,000/pg
(1985)
Apparel, Children’s
Baby Skirt Montgomery Amoskeag Gertrude; flannelette; skirt long,
Ward & Co. infant’s size only $0.21
(1932)
Frock Montgomery Sunnymorn; bolero effect youthfully styled $0.77
Ward & Co.
(1932)
Galoshes Montgomery All rubber; three snap fasteners; light-colored lining;
Ward & Co. reduced from $1.19 $0.98
(1932)
Gym Suit Sears, Roebuck Girl’s one-piece; we formerly got $1.89 for this $1
(1932) type garment
Knickers Montgomery Boy’s; made in golf style, fully lined, and strongly sewn
Ward & Co. throughout $0.77
(1932)
Overalls Pee Dee Advocate All sizes at Belk’s Department Store $0.30
Bennettsville, SC
(1934)
Rubber Pants Montgomery Gum; washable; ruffled side ventilation $0.22/3 pr
Ward & Co.
(1932)
Shoes Montgomery Little girl’s; patent or calf-grain; extra-good quality;
Ward & Co. long wearing leather soles $1.39
(1932)
Shoes Sears, Roebuck Airway Lightfoot; fastest shoe on the playground $0.75
(1932)
Slip Montgomery Rayon; ages 4 to 14 years; ruffled flounce slip with
Ward & Co. built-up shoulder $0.39
(1932)
Sweater Sears, Roebuck Girl’s; worsted-wool shaker; good quality $2.19
(1932)
Vest Montgomery 10 percent wool; rayon; striped; pin-back style $0.35
Ward & Co.
(1932)
Apparel, Men’s
Boots Montgomery Ward Wonderwear combination rubber soles; double tanned $1.59
& Co.
(1932)
Boots Montgomery Ward All black rubber; absolutely waterproof; great for farm $1.77
& Co. wear
(1932)
210
THE VALUE OF A DOLLAR Selected Prices, 1930-1934
Coats Curry Brothers Oil Fish Brand; reflex waterproof coats; 44” long $56/dz
Company Catalogue
(1931)
Gloves Montgomery Ward Standard-wear work gloves; the harder the work the
& Co. better you will like them $0.79
(1932)
Handkerchief Sears, Roebuck Cotton bandana; neat designs $0.58/dz
(1932)
Hat Collier’s Dunlap; America’s smartest hats $5
(1934)
Hose Supporter Sears, Roebuck Buster Brown; with non-elastic top $0.24
(1932)
Overalls Montgomery Ward Mill shrunk, pure Indigo dyed $0.85
& Co.
(1932)
Shirt Montgomery Ward Yukon Permana; Shrunk suede cloth; whatever size you
& Co. buy stays that size because it’s fully guaranteed full
(1932) shrunk, coat style, with two large button-through pockets $1
Shirts Pee Dee Advocate Heavy covert shirts $0.65
Bennettsville, SC
(1934)
Shoes Montgomery Ward Plain-toe Oxford tie shoe; black calf-grain leather $2.48
& Co.
(1932)
Shoes Sears, Roebuck Green Grip; nowhere do we know of stronger, more rugged
(1932) leather or finer workmanship $3.98
Suit Sears, Roebuck Tailored wool; $10 to $30 lower than for equal quality
(1932) offered elsewhere $16.50
Suit Montgomery Ward Stillson Yale Model; features all-wool worsted cheviots in a
& Co. two-button notch lapel coat $10.88
(1932)
Sweater Montgomery Ward Men’s; all-wool worsted; fits snugly and keeps its shape $1.88
& Co.
(1932)
Trousers Montgomery Ward Cheviot; All-wool dress; a new high-rise trouser that will
& Co. stick with style leaders $2.89
(1932)
Apparel, Women’s
Bag Montgomery Ward Woman’s; a new smart steerhide bag of the quality that
& Co. has been sold everywhere at $2.95 $1.77
(1932)
Bloomers Sears, Roebuck Nainsook; famous for long hard wear $0.23
(1932)
Bloomers Montgomery Ward Run-resistant rayon; stout size; flesh, peach; reinforced
& Co. crotch $0.55
(1932)
Coat Sears, Roebuck Wool, fur-lined; full length $13.74
(1932)
Corselet Montgomery Ward Fine brocade belted; rayon and cotton tricot Jersey top,
& Co. knitted elastic panels $1.88
(1932)
Corset San Francisco Some innerbelt models for heavier women $1.00
Examiner
(1932)
Dress Sears, Roebuck Silk; flat crepe; the savings will thrill you $2.98
(1932)
211
Selected Prices, 1930-1934 THE VALUE OF A DOLLAR
Frock Montgomery Ward Fruit of the Loom; youthful cotton print; flattering neck
& Co. line set off with piping and two-tone bow $1
(1932)
Girdle Montgomery Ward Durolastic; for average height figures; 12” length $1.74
& Co.
(1932)
Gloves San Francisco 4-button and fancy kidskins $1.45
Examiner
(1932)
Gloves Sears, Roebuck Imported glacé lambskin; usually called kid gloves $1.95
(1932)
Handbag Sears, Roebuck Back-strap style; calf leather; inverted frame pouch $1.79
(1932)
Hat Sears, Roebuck Peanut straw body; with the new lifted left-side brim $0.95
(1932) line
Hosiery Montgomery Ward Golden Crest; pure silk top to toe; medium service $0.89
& Co. weight
(1932)
Mesh Bag Sears, Roebuck Lined dresden; predomination colors: green and white;
(1932) size 4” x 5 3/4” $2.95
Shoes Pee Dee Advocate Suede shoes, regular $2.95—on sale $1.95
Bennettsville, SC
(1934)
Shoes Montgomery Ward Anita style, smooth calf-grain tip and back $2.67
& Co.
(1932)
Shoes Sears, Roebuck Goodyear Welt; low heels with rubber top lifts patent
(1932) leather $2.48
Slip Montgomery Ward All-silk crepe de chine; nobody ever dreamed of a slip
& Co. like this; others ask $1.79 $1
(1932)
Sweater Montgomery Ward All-wool elastic rib knit; a sweater like this is not only
& Co. practical, but economical $2.25
(1932)
Appliances
Batteries Pee Dee Advocate Radio batteries recharged $0.45
Bennettsville, SC Auto batteries recharged $0.75
(1934)
Cook Stove Montgomery Juniper Windsor; heavy all-cast-iron cook stove $21.50
Ward & Co.
(1932)
Electric Heater Montgomery Guaranteed element; in copper bowl, green enamel
Ward & Co. frame $1
(1932)
Electric Washer Montgomery Big value combination! Electric ironer with deluxe
Ward & Co. porcelain or copper tub $79.85
(1932)
Iron Montgomery Electric; don’t bother to repair your old iron
Ward & Co. now—it actually costs less to buy a better one $1
(1932)
Iron Montgomery Gasoline; costs 1/2¢ an hour to operate; burns
Ward & Co. 3 1/2 hours with one filling $3.98
(1932)
Mixer Dallas Hospitality Sunbeam Mix-Master; mix batters, mash potatoes, beat
Magazine eggs, extract juice from oranges, etc., make mayonnaise,
(1932) malted milk $21
212
THE VALUE OF A DOLLAR Selected Prices, 1930-1934
Baby Products
Baby Powder Montgomery Johnson & Johnson; two $0.25 cans; a real savings $0.29
Ward & Co.
(1932)
Blanket Sears, Roebuck Pepperell; a woven cotton-twill fabric with a soft
(1932) downy-fleeced finish $0.31
Dusting Powder Sears, Roebuck My Baby’s; a cooling, soothing, healing powder $0.39
(1932)
Nipple Sears, Roebuck Faultless Wonder; pure-gum nipple $0.34
(1932)
Walker Sears, Roebuck Ball bearing walker; non-tipping, with adjustable seat $2.29
(1932) straps
Entertainment
Concert Ticket The Raleigh (NC) Ken Hackley’s Oklahoma Cowboys Famous Radio
Times Artists, 4 shows daily
(1931) Matinee $0.10 to $0.30
Night $0.10 to $0.40
Movie Ticket Pee Dee Advocate Footlight Parade starring James Cagney and Ruby
Bennettsville, SC Keeler
(1934) Adults $0.25
Children $0.10
Balcony for Colored $0.10
213
Selected Prices, 1930-1934 THE VALUE OF A DOLLAR
Entertainment, Home
Camera Collier’s Kodak Six-20; with F 6.3 lens,
(1934) pictures 2 1/2” 4 1/2” $20
Cards New York Times Currier & Ives; there are 18 subjects, and each
Magazine subject comes in two sizes
(1931) 3” x 4” $0.10
5” x 6” $0.15
Microphone Popular Mechanics Master Mike; with mike ring; reproduces your
(1933) own voice through your radio; a million dollars
worth of fun $1
Model Airplane Popular Mechanics Cleveland Model and Supply Co. Inc. Boeing 247;
(1933) hailed as a masterpiece in model flying aircraft;
nearly 5’ span, weight 16 oz $6.50
Moving Picture Popular Mechanics Get professional moving pictures; uses 50’ roll of
Camera and Projector (1933) 16mm film $13.75
Phonograph Records Montgomery Paramount Hill Country Melodies; full 10” size;
Ward & Co. double-face song When the Moon Comes Over the
(1932) Mountain; lot of five $0.29
Radio Montgomery Airline 7-tube Super Heterodyne; thrilling new power
Ward & Co. and almost unbelievable realism of tone $39.85
(1932)
Radio Popular Mechanics Midwest Radio Corp. Super Deluxe; 16-tube all wave;
(1933) world’s greatest radio value with new deluxe auditorium-
type speaker $49.50
Radio Collier’s Philco 16x All Wave; no longer is the Atlantic or the
(1934) Pacific a barrier to your search for radio entertainment $175
Radio Collier’s Philco 8413; a wonderful little radio in an
(1934) attractive two-tone cabinet $20
Radio Rock Hill Herald Philco; make your home the center of the world $18.75–$295
(Rock Hill, SC)
(1933)
Shortwave Receiver Popular Mechanics Powertown-Wallace Try-Mo Radio; price with blue-
(1933) prints and 1 coil $14.70
Victrola The Raleigh (NC) Used portable Victrola with records
Times Contact Raleigh Loan Office $3.90
(1931)
214
THE VALUE OF A DOLLAR Selected Prices, 1930-1934
Food Products
Apples New York Times Jonathan apples $3.25/bx
Magazine
(1931)
Candy Bar Sears, Roebuck Hershey’s Almond; 25 $0.05 almond bars $1
(1932)
Figs San Francisco California Syrup Figs $0.35
Examiner
(1932)
Fruit Rock Hill Herald Gator Fruit Store, Rock Hill, South Carolina;
(Rock Hill, SC) oranges $0.30–$0.40/peck
(1933) grapefruit $0.05/2
bananas $0.19/4 lbs
Ice Cream The Raleigh (NC) Get your favorite flavor at these special prices
Times from White Dairy Products Company
(1931) One Pint White’s Ice Cream $0.25
Two Pints White’s Ice Cream $0.35
Marshmallows Sears, Roebuck Kraft; fresh, soft, fluffy vanilla-flavored marshmallows;
(1932) box of 200 $0.65/bx
Marshmallows Montgomery Ward Creamy; wholesome and nutritious; box of 200 $0.46/bx
& Co.
(1932)
Salt Mackerel Fillets Collier’s 18 extra-large mackerel fillets by mail $3
(1934)
Vanilla Extract Sears, Roebuck Montclair; equal of any nationally advertised brand $0.42
(1932)
Furniture
Bathroom Montgomery Ward Deerfield; 3-piece outfit includes bathtub, closet and
& Co. outfit, Combination and lavatory $61.45
(1932)
Bed Montgomery Ward All steel; continuous seamless 2” main posts; includes
& Co. bed, coil spring, and mattress $14.35
(1932)
Bathroom Suite Montgomery Ward 3-piece; panel bed, chest, and 36” dresser $32.75
& Co.
(1932)
Cedar Chest Montgomery Ward Solid 3/4”, genuine Tennessee red cedar, 40” x 17” x 18 3/4”
& Co. walnut finish $12.95
(1932)
Chair Montgomery Ward Solid oak; positively the first time at this price $1
& Co.
(1932)
Chair Montgomery Ward Nursery; enameled; comfy seat opening, swing over tray $1
& Co.
(1932)
Chair Montgomery Ward Bow-back style; golden oak; made of select hardwood;
& Co. well-braced, heavy seat $1
(1932)
Chifforobe Sears, Roebuck Of good-quality seasoned hardwood $18.95
(1932)
Clock Montgomery Ward Gilbert; mahogany-finished case with burled panels;
& Co. strikes hours and half hours on cathedral gong $5.95
(1932)
Davenport Montgomery Ward Jacquard; velour two-tone; serpentine front; never-sag
& Co. steel under construction $19.95
(1932)
215
Selected Prices, 1930-1934 THE VALUE OF A DOLLAR
Mattress Montgomery Ward Full 50-pound all felted cotton mattress; 54” $4.65
& Co.
(1932)
Radio Bench Montgomery Ward Rich tapestry upholstering $1
& Co.
(1932)
Rug Montgomery Ward Seamless velvet; floral designs on a tan taupe ground;
& Co. blue border; 9’ by 12’ $14.95
(1932)
Stool Sears, Roebuck All metal; eight cross braces; green $0.97
(1932)
Fuel
Coal Pee Dee Advocate Free burning, grate and stove coal
Bennettsville, SC Per ton $7.50
(1934) Per half ton $4.00
Garden Equipment & Supplies
Evergreen Shrubbery Rock Hill Herald Belk Department Store; a great variety of large healthy
(Rock Hill, SC) evergreens—broad leaf and conifers $0.50–$1
(1933)
Flowers New York Times Fargo; 20 double early tulips $1.10
Magazine
(1931)
Lawn Mower Montgomery Ward Lakeside; five years ago this same quality mower sold for
& Co. twice as much; self-adjusting, ball-bearing, quiet and easy
(1932) running; 9” wheels; 14” blade $5.49
Plants The Raleigh (NC) Live ferns from Job P. Wyatt and Sons Company $0.10 each
Times
(1931)
Shovels Curry Brothers Oil Ames 3-Star; contractor’s or digging blade; 9 1/2” x
Company Catalogue 12 1/4”; handle length 26 1/2” $25/dz
(1931)
Household Products
Blanket Montgomery Ward Fleecy down staple cotton; plain; extra large size;
& Co. 72” x 84” $1.25
(1932)
Blankets Sears, Roebuck Falcon; all virgin wool $7.35/pr
(1932)
Blankets Montgomery Ward All wool; double; extra heavy 6 1/2 lbs; size 70” x 80” $4.48/pr
& Co.
(1932)
Borax Sears, Roebuck Muleteam; a wonderful and natural water softener for
(1932) laundry work $0.27/2 bxs
Bottle Opener and New York Times Spear-Cap; opens and reseals your milk bottle; made of
Resealer Magazine frosted aluminum with nickel-silver spear $0.10
(1931)
Brace and Bit Set Sears, Roebuck Fulton; Brace, 7 auger bits, and screwdriver set $2.80
(1932)
Coffee Pot Rock Hill Herald $0.50
(Rock Hill, SC)
(1933)
Cookery Parchment New York Times Patapar; banishes cooking odors, improves flavors, saves
Magazine food values $0.10
(1931)
Dinner Plates Butler Brothers Butler Brother; imported; plain white semi-porcelain $0.84/dz
Sales Flier
(1934)
216
THE VALUE OF A DOLLAR Selected Prices, 1930-1934
Fire Pails Curry Brothers Oil Round bottom; made of steel, galvanized outside and
Company Catalogue inside and painted red outside; 10 1/2” x 10 1/2” $8.55/dz
(1931)
Flatware Sears, Roebuck Rogers Bros.; silver plate; 26-piece set $28.45
(1932)
Flatware Montgomery Ward Rogers; nickel-silver; made to withstand the constant
& Co. handling of everyday service $2.79
(1932)
Grinder Popular Mechanics Chicago Wheel & Mfg. Co. Handee; just plug in and start
(1933) grinding—electronically $10
Hammer Curry Brothers Oil Stanley Atha Plain Face Adze Eye; 13 1/2” length overall $1.50/ea
Company Catalogue
(1931)
Hammer Montgomery Ward Ball-peen; size 2/0—12 oz drop forged tempered head $0.19
& Co.
(1932)
Ice Box San Francisco Ideal for the average family $18.75
Examiner
(1932)
Lathe Popular Mechanics Southbend; back-geared, screw cutting precision lathes,
(1933) 11” x 4’ $340
Leather Treatment Curry Brothers Oil Viscol Dressing; softens and preserves shoes, harnesses,
Company Catalogue belts, and everything else made of leather; 1/4 pint cans $2.23/dz
(1931)
Light Bulbs Montgomery Ward 40-watt bulb, package of eight $1/pkg
& Co.
(1932)
Motor Grinder Popular Mechanics Powerful; operates on AC or DC, sturdy, durable, and
(1933) Buffer quality built $4.95
Oil Curry Brothers Oil 3-In-One; a blend of animal, mineral and vegetable oils,
Company Catalogue scientifically compounded
(1931) 3 oz can $0.30
8 oz bottle $0.60
Oriental Rug San Francisco Approximate size 9 x 12; the designs are exact copies of
Examiner priceless Persian pieces $119.00
(1932)
Percolator Montgomery Ward 9-cup; with guaranteed element and cord set; others
& Co. ask $1.50 $1
(1932)
Percolators Rock Hill Herald $0.25–$0.30
(Rock Hill, SC)
(1933)
Photography Light Collier’s General Electric Mazda; photoflood; makes pictures easy
Bulb (1934) to snap indoors $0.35/ea
Pins Sears, Roebuck Stewart’s; duplex safety pins; box of 6 dozen $0.39/box
(1932)
Rule Montgomery Ward Lakeside; flexible; length 6’, graduated in 16ths; Swedish
& Co. steel, tempered $1.59
(1932)
Salad Bowls Butler Brothers Sales Butler Brothers; imported; embossed edge; 9 1/2” wide $1.28/dz
Flier
(1934)
Saw Montgomery Ward Lakeside Champion Tooth; one-man and supplementary
& Co. handles; 3 1/2’ length $1.48
(1932)
Screwdriver Curry Brothers Oil Tobrin; machinists; 9 1/2” overall $10/dz
Company Catalogue
(1931)
217
Selected Prices, 1930-1934 THE VALUE OF A DOLLAR
Screwdriver Montgomery Ward Spiral Ratchet; works right or left, spiral or ratchet; two
& Co. size bits $1
(1932)
Sheets Montgomery Ward Longwear; bleached; size before hemming 81” x 90” $0.65/ea
& Co.
(1932)
Towels Montgomery Ward Cannon; fast-color borders $1/12
& Co.
(1932)
Towels Montgomery Ward Cannon; only a few weeks ago, the identical quality sold
& Co. for $0.85/6 $0.65/6
(1932)
Towels Sears, Roebuck Cotton husk; beautiful border on an equally
(1932) beautiful towel $0.90/6
Varnish Montgomery Ward Diamond W; color; stains and varnishes in one
& Co. brush stroke $0.42/qt
(1932)
Wood Filler Popular Mechanics Plastic Wood; this canned wood makes home repairs $0.25/tube
(1933) easy
Wrenches Curry Brothers Oil Starrett; ratchet; for engineers, machinists, and motor
Company Catalogue mechanics; complete set $15
(1931)
Jewelry
Pocket Watch Illinois Watch Man’s 23-jewel railroad watch; 60 hour, 6 position,
Catalogue motor barrel
(1930) 14K filled $90
14K solid $150
Pocket Watch Montgomery Ward Hamilton Railroad; the watch of railroad accuracy;
& Co. 14K white-gold filled $65
(1934)
Pocket Watch Montgomery Ward Ingersoll Buck Rogers; Buck Rogers and Wilma are
& Co. shown in action; the hands are shaped like cosmic rays $0.75
(1934)
Pocket Watch Montgomery Ward Ingersoll Mickey Mouse; “I keep time for 1 1/2 million
& Co. happy children”; in a gift box $1.50
(1934)
Watch Delineator Elgin, the Madame Jenny; chic and styleful $35.00
(1928)
Wristwatch Saturday Evening Lady Elgin; the lowest price ever offered on such an
Post Elgin watch $25
(1930)
Wristwatch Montgomery Ward Man’s reliable 6-jewel Swiss movement $5.98
& Co.
(1932)
Wristwatch Sears, Roebuck Elgin; Man’s 15-Jewel; 14-karat solid white gold case $33.25
(1932)
Wristwatch Montgomery Ward Ingersoll Mickey Mouse; the demand is so heavy that
& Co. there is often a scarcity $2.95
(1934)
Meals
Dinner The Raleigh (NC) Special Sunday Luncheon and Dinner at California Fruit
Times Store
(1931) Luncheon $0.50
Dinner $0.75
Meal Rock Hill Herald Southern Hotel and Dining Room; the best meal 35 cents
(Rock Hill, SC) can buy $0.35
(1932)
218
THE VALUE OF A DOLLAR Selected Prices, 1930-1934
Sunday Dinner The Raleigh (NC) Wilson’s Coffee Shop open Sundays, specialty juicy
Times western steaks and chops $0.45
(1931)
Tire and Tube Popular Mechanics Goodyear Firestone Goodrich; cord tire; 32 x 4
(1933) Tire $2.95
Tube $0.85
Tire Montgomery Ward Chevrolet; 29 x 4.40-21; 4–ply balloons; order in pairs $4.65/ea
& Co.
(1932)
Tire Montgomery Ward Studebaker; 31 x 6.50-19; 6–ply balloons; order in pairs $11.92/ea
& Co.
(1932)
Wax Popular Mechanics Johnson’s Wax; try this amazing new method on your car;
(1933) enough for 4 or 5 waxings; adds $50–$200 to trade-in
values $0.35/can
Musical Instruments
Trombone The Raleigh (NC) Used sliding trombone, perfect
Times Contact Raleigh Loan Office $12.50
(1931)
Other
Cooking Fuel Montgomery Ward Sterno Canned Heat; a clean dependable fuel that meets
& Co. every light cooking need; normally $0.10 per can $0.29/4 cans
(1932)
Engine Popular Mechanics Briggs-Stratton; 1/2 horsepower, new $27.50
(1933)
Memory Course Popular Mechanics Bott 15-Minute; how to remember names, faces,
(1933) numbers, etc. $1
Microscope Outfit Popular Mechanics J. W. Winn Manufacturing Co. Winnerset; complete set
(1933) contains 100x Wallensak precision-built microscope,
dissecting scissors, blade and needle, professional slides,
bottle of balsam, specimen jar, tweezers, pipette, book of
lens paper, glass rod $6
Motor Popular Mechanics Dumore-Racine Universal; with pulley, cord, and plug;
(1933) operates on AC or DC, 110 volts $1.95
Radio Tube Montgomery Ward Trail Blazer; four-prong tube for AC sets; replaces any
& Co. tube with number ending in 25 $0.42/ea
(1932)
Signs Curry Brothers Oil Line-O-Graph; highway traffic and safety zone marks;
Company Catalogue operated by one man; eliminates hand painting $150
(1931)
Storage Battery Montgomery Ward Riverside; sturdy, leak-proof composition case with
& Co. bail handle $5.19
(1932)
Valentines Montgomery Ward Cunning and colorful hearts with just the right verse;
& Co. 16 cards $0.25
(1932)
Personal Care Products
Cold Cream Montgomery Ward Tre-Jur; cleans the pores and leaves the skin smooth
& Co. and glowing; 1 lb jar $0.49
(1932)
Comb Sears, Roebuck Lightweight dressing; especially suitable for ladies with
(1932) medium length hair $0.33
Hair Clipper Sears, Roebuck Brown and Sharpe; the choice of professional barbers $3.87
(1932)
Hair Color Treatment Montgomery Ward Mary T. Goldman; slate color $1.29/btl
& Co.
(1932)
Hair Cut Rock Hill Herald Sanitary Barber Shop, Rock Hill, South Carolina; why
(Rock Hill, SC) not have the best at this reduced price $0.20
(1933)
220
THE VALUE OF A DOLLAR Selected Prices, 1930-1934
Hair Lotion Montgomery Ward Bay Rum; buy one bottle at Ward’s usual low price,
& Co. $0.36, and get another free $0.36/2 btls
(1932)
Hair Tonic Montgomery Ward Lucky Tiger; with a free comb $0.79
& Co.
(1932)
Hand Cream Montgomery Ward Pacquin’s; delightful for chapped hands or face $0.74
& Co.
(1932)
Lotion Collier’s Zemo For Skin Irritation; itching stops the moment Zemo
(1934) touches the tender and inflamed skin; to clear away rashes,
pimples, eczema, ringworm and restore skin $0.35/$0.60/$1
Powder San Francisco LaBlache face powder $0.33
Examiner
(1932)
Sanitary Napkin Sears, Roebuck Kotex; the ideal comfort napkin $0.85/dz
(1932)
Sanitary Pads Montgomery Ward Modess; famous Johnson & Johnson Red Cross quality $1/5 bxs
& Co.
(1932)
Shampoo Montgomery Ward Coconut oil; the favorite of many thousands of our
& Co. customers; three 50¢ bottles $0.49
(1932)
Shave Cream Collier’s Colgate Rapid; dewaterproof your whiskers and make
(1934) shaving easier; large size tube $0.25
Soap Montgomery Ward Woodbury Castile; made from pure imported Spanish
& Co. olive oil; bars $0.57/4
(1932)
Publications
Book Popular Mechanics Popular Chemistry Experiment Book; for junior chemists,
(1933) adopted by the New York Public Library $0.50
Magazine Popular Mechanics Popular Mechanics magazine; monthly $0.25
(1933)
Newspaper The Raleigh (NC) One-year subscription to The Raleigh Times, published
Times every evening except Sunday
(1931) By carrier $7.50
By mail $6.00
Real Estate
Apartment San Francisco Furnished; 45th Avenue; sunny four rooms; two beds $25/mo
Examiner
(1932)
Room The Raleigh (NC) Heated room with board, 102 New Bern Avenue
Times Per week $7.00
(1931)
Sewing Equipment & Supplies
Cloth Montgomery Ward Cotton outing flannel; soft, warmly fleeced on both
& Co. sides; we’ve slashed the price and then thrown in 2 $1/12 yds
(1932) extra yards
Cloth Montgomery Ward Silk and cotton crepe; here are the prints that will be
& Co. worn this spring and summer $0.35/yd
(1932)
Cloth Montgomery Ward Gold Stripe; stifel rawhide; copper-riveted western style $0.95/yd
& Co.
(1932)
Knitting Yarn Sears, Roebuck Golden Crown; a 4-fold yarn mixture of pure wool
(1932) and rayon $0.17
221
Selected Prices, 1930-1934 THE VALUE OF A DOLLAR
Sewing Machine Montgomery Ward Brunswick; prices haven’t been this low since 1923;
& Co. golden oak, 5 drawers $19.95
(1932)
Sports Equipment
Baseball Sears, Roebuck J. C. Higgins; official outseam playground and
(1932) diamond ball $0.95
Binoculars Sears, Roebuck Dr. Wobler’s; for sportsmen, marine, or mountain use $33.48
(1932)
Boat Popular Mechanics Hammond Lumber Co. Wilson Fold-Flat; wooden; fold in
(1933) one minute; carry on running board; 10’; weight 80 lbs;
price FOB Los Angeles; slightly higher New York
or Chicago $39
Canoe Collier’s Old Town Canoe Co.; a graceful sweep of cedar, tight
(1934) planked, strong ribbed, covered with water-tight canvas $68
Fish Hooks Sears, Roebuck Eyed; assorted sizes and patterns $0.23/100
(1932)
Fishing Line Sears, Roebuck King Fisher Black Wonder; silk; extra hard braided $1.35
(1932)
Golf Ball Sears, Roebuck Aristo; built to improve the game $0.59
(1932)
Knife Sears, Roebuck Official Boy Scout; full size 3 5/8”, bone stag handle $1.23
(1932)
Shotgun Sears, Roebuck Fox Sterlingworth; double barrel; fitted with Jostam
(1932) antiflinch recoil pad $36.98
Tent Sears, Roebuck Boy’s camp tent; 5’ x 7’ with 2’ side walls and 4’ 8”
(1932) height at center $4.95
Telephone Equipment & Services
Long Distance Rates John Brooks, Bell Telephone; New York to London [cost in 1930] $30/3 min
Telephone: The First
Hundred Years
(1987)
Tobacco Products
Cigarettes Collier’s Kool Mild Menthol; a new champion in throat comfort $0.15/pk
(1934)
Pipe Popular Mechanics Drinkless Kaywoodie Presidential Model; by actual
(1933) measurement 51% purer smoke, 51% better taste from
your tobacco $3.50
Pony Clamps Popular Mechanics Jorgensen Pony; fittings go on ordinary 3/4” pipe to
(1933) make clamps of any length $3
Smoking Tobacco Popular Mechanics Brown & Williamson Tobacco Corp. Sir Walter Raleigh;
(1933) for pipe and cigarettes $0.15/tin
Toys
Bicycle Sears, Roebuck Peerless Junior; strongly built for safety $17.50
(1932)
Croquet Set Sears, Roebuck Deluxe; others ask as much as $7.50 for this set $3.98
(1932)
Junior Caster Outfit Rapaport Catalogue Make your own metal toys; U.S. soldier outfit, baseball
(1934) player outfit $2.25
Wagon Sears, Roebuck Chummy Coaster; child’s full size body, 14 3/4” x 33 3/4”
(1932) of 20 gauge auto steel $3.69
Travel & Transportation
Bus Excursion The Raleigh (NC) Weekend bus trips, roundtrip from Raleigh, North
Times Carolina to Wilmington, North Carolina $3.90
(1931) Charleston, South Carolina $7.20
Richmond, Virginia $4.30
Washington, D.C. $7.00
222
THE VALUE OF A DOLLAR Miscellany, 1930-1934
MISCELLANY 1930-1934
Old Money Wanted
Will pay fifty dollars for nickel of 1913 with
Liberty head (no buffalo). We pay cash premiums
for all rare coins. Send 4¢ for large coin folder.
Popular Mechanics, October 1933
223
Historical Snapshot, 1935-1939 THE VALUE OF A DOLLAR
HISTORICAL SNAPSHOT
1935-1939
1935 Life magazine begins publication Eastern Airlines created
Social Security Act passed by Con- New York’s Triborough Bridge Owens-Corning Fiberglass
gress opens; charges 25¢ toll Corporation is incorporated to
Emergency Relief Appropriation Act Mercedes-Benz creates first diesel- produce products utilizing newly
authorizes $5 billion to create jobs fuel passenger car developed fiberglass
Fort Knox becomes repository for First high-definition color televi-
U.S. gold bullion 1937 sion demonstrated
Kodachrome color film introduced United Automobile Workers recog- Ballpoint pen patented
by Eastman Kodak Company nized by General Motors as sole Consumption of beef and dairy
One-tenth of 1 percent of U.S. cor- bargaining agent for employees produce increases by 3 percent
porations earn 50 percent of all Principle of minimum wage for First Xerox image produced
corporate income women upheld by Supreme Court First nylon stockings go on sale
Sulfa-drug chemotherapy intro- Packard Motor Car Company sells
duced a record 109,000 cars 1939
Nylon developed by E. I. Du Pont General Motors introduces auto- World War II begins in Europe
Corp. matic transmission New York’s La Guardia Airport opens
General Telephone Corporation Icemen continue to make regular Only 3 percent of Americans
created deliveries to more than 50 percent qualify to pay income tax
Beer in cans introduced of middle-class households 42,500 taxpayers declare incomes
240 million cases of canned goods Spam introduced by George A. of more than $25,000
shipped Hormel & Co. 5-minute Cream of Wheat intro-
One-third of farmers receive U.S. Popular Photography magazine duced
Treasury allotment checks for not begins publication First food stamp program insti-
growing food or crops tuted in Rochester, NY
1938 25 percent of American workers
1936 Congress’s wage-and-hour law lim- are farmers
38 percent of families have its work week to 44 hours Pesticide DDT introduced for
incomes of less than $1,000 a year Recovery stumbles, Wall Street’s crops
Population reaches 127 million Dow Jones Industrials Average 13,500 motels and tourist courts in
Ford’s V-8 engine unveiled falls to 98.95 business
224
THE VALUE OF A DOLLAR Selected Income, 1935-1939
Accountant Atlanta Constitution For large local concern, age 25 to 30. Must know
(1937) general accounting, and be familiar with tax work. $150/wk
Actor Lee O. Miller, Income in 1938 of William Boyd, better known as
The Great Cowboy Hopalong Cassidy, for eight films $100,000
Stars of Movies
and Television
Advertising Time Annual compensation of Eddie Bernays, promoter
Executive (1939) of products for Proctor & Gamble $25,000
Banker New York Herald Senior Accountant, factoring or finance experience $2,600/yr
(1935)
Bookkeepers New York Times Complete charge or assistants $8–$25/wk
(1936)
Comic Strip Artist Literary Digest Income in 1936 of Bud Fisher for his comic strip
(1936) Mutt and Jeff $93,600
Cook Atlanta Constitution Colored cooks, maids for North Side jobs $6–$10/wk
(1935)
Dentist New York Times Dentist seeks position, experienced contractor and
(1938) extractor, careful operator, expert inlays, personality $40/mo
Draftsman Chicago Tribune Sheet metal experience $125/mo
(1936)
Driver Atlanta Constitution Local tea and coffee route $60/wk
(1935)
Engineer New York Herald Aircraft designers $40–$55/wk
(1935)
Nurse New York Times Situation wanted. English; American graduate (24); to
(1936) care for invalid lady; will travel; New York references $90/mo
Photographer New York Times Commercial still life; bring samples, complete charge $25/wk
(1938)
Railway Postal Clerk Mechanics First year pay; requires travel; clerks on long runs
Illustrated work three days on then three days off $1,900
(1938)
Receptionist New York Times Attractive college graduate, well poised, good $15/wk
(1938) personality
Route Driver Atlanta Constitution Automobile offered as bonus for covering
(1936) local coffee route $45/wk
Sales Atlanta Constitution Ladies wanted immediately to demonstrate actual
(1935) samples of snag-proofed hosiery to friends $22/wk206
Sales New York Herald Marine Oil Sales Supervisor, under 40, out-of-town $4,000/yr
(1935)
Sales Chicago Tribune Married man over 35 yrs to call on new and old customers
(1936) for 75-year-old house furnishings concern. Must have good
references. Car furnished and satisfied with commission $25–$30/wk
Sales Chicago Tribune Auto parts $1,800/yr
(1936)
Stenographer Atlanta Constitution Large North Georgia manufacturer has position
(1939) available as Assistant Secretary to President $109/wk
Stenographer- New York Times Intelligent $12/wk
Bookkeeper (1936)
225
Selected Income, 1935-1939 THE VALUE OF A DOLLAR
Teacher Atlanta Constitution Degree men, teach mathematics and coaching $95/wk
(1939)
Teacher Atlanta Constitution Degree women, grades 2 to 7 $70–$90/wk
(1939)
Writer Catherine and Payment by Metro-Goldwyn-Mayer in 1936 to
Legrand and Margaret Mitchell for movie rights to her book
Robyn Karney, Gone With The Wind $50,000
Chronicle of
the Cinema
(1995)
226
THE VALUE OF A DOLLAR Consumer Expenditures, 1935-1939
227
Investments, 1935-1939 THE VALUE OF A DOLLAR
INVESTMENTS 1935-1939
Investment 1935 1936 1937 1938 1939
Basic Yield, One-Year Corporate Bonds 1.05 .61 .69 .85 .57
Short-Term Interest Rates, 4–6 Months,
Prime Commercial Paper .75 .75 .94 .81 .59
Basic Yield, Common Stocks, Total (Moody’s) 4.01 3.50 4.63 4.30 4.14
Index of Common Stocks (1941⫺1943⫽10) 10.60 15.47 15.41 11.49 12.06
COMMON STOCKS, CLOSING PRICE AND YIELD, FIRST BUSINESS DAY OF YEAR
(Parenthetical number is annual dividend in dollars)
Allis Chalmers 17 1/8 36 1/2 77 3/4 46 1/2 47 3/8
(1 1/2) (3.50) (1.50)
AT&T 105 3/8 158 3/4 185 144 3/4 150
(9) (9) (9) (9) (9)
American Tobacco 82 3/4 97 3/8 95 60 3/4 86
(5) (5) (5) (5) (5)
Anaconda 11 3/4 29 1/2 53 3/8 29 35 1/4
(1) (1.75) (.50)
B&O 13 7/8 16 1/2 21 1/8 9 8 3/8
Bethlehem Steel 32 1/4 52 1/2 74 7/8 58 79 7/8
(1 1/2) (5)
Corn Products 63 3/4 69 1/2 67 59 1/4 66 1/2
(3) (3) (3) (3) (3)
General Electric 22 1/8 38 53 3/4 40 3/4 43 1/2
(.60) (.70) (1) (2.20) (.90)
General Motors 34 1/8 55 3/4 62 1/8 29 1/8 50 3/8
(1) (2) (3 1/4) (3.75) (1.50)
International Business Machines 152 176 1/2 184 1/4
(2% stock dividend, 1/10/35) (5) (6) (6)
(3% stock dividend, 2/10/36)
(5% stock dividend, 4/1/37)
(5% stock dividend, 4/1/38)
(5% stock dividend, 4/1/39)
Intl Harvester 43 5/8 61 1/2 105 3/8 61 1/8 59
(.60) (1.20) (2 1/2) (4) (1.92 1/2)
National Biscuit 29 33 5/8 31 7/8 18 1/8 25 3/8
(2) (1.60) (1.60) (1.60) (1.60)
U.S. Steel 38 1/4 49 3/8 76 1/4 53
Western Union 33 7/8 74 1/4 77 1/2 24 5/8
(2) (2 3/4) (2.25)
228
THE VALUE OF A DOLLAR Standard Jobs, 1935-1939
Average of all Industries, excl. farm labor $1195/yr $1226/yr $1341/yr $1303/yr $1346/yr
Average of all Industries, incl. farm labor $1115/yr $1146/yr $1259/yr $1221/yr $1266/yr
Bituminous Coal Mining $957/yr $1103/yr $1170/yr $1050/yr $1197/yr
Building Trades $1027/yr $1178/yr $1278/yr $1193/yr $1268/yr
Domestics $485/yr $506/yr $558/yr $527/yr $544/yr
Farm Labor $324/yr $351/yr $407/yr $420/yr $436/yr
Federal Civilian $1759/yr $1896/yr $1797/yr $1832/yr $1843/yr
Federal Employees, Executive Depts. $1183/yr $1112/yr $1188/yr $1149/yr $1137/yr
Federal Military $1154/yr $1152/yr $1132/yr $1120/yr $1134/yr
Finance, Insurance, & Real Estate $1632/yr $1713/yr $1788/yr $1731/yr $1729/yr
Gas & Electricity Workers $1589/yr $1615/yr $1705/yr $1749/yr $1766/yr
Manufacturing, Durable Goods $1264/yr $1376/yr $1491/yr $1365/yr $1479/yr
Manufacturing, Nondurable Goods $1178/yr $1210/yr $1267/yr $1241/yr $1263/yr
Medical/Health Services Workers $829/yr $851/yr $876/yr $899/yr $908/yr
Miscellaneous Manufacturing $1244/yr $1298/yr $1359/yr $1274/yr $1337/yr
Motion Picture Services $1892/yr $1896/yr $1972/yr $1942/yr $1971/yr
Nonprofit Org. Workers $1435/yr $1465/yr $1497/yr $1529/yr $1546/yr
Passenger Transportation Workers,
Local and Highway $1361/yr $1433/yr $1505/yr $1529/yr $1569/yr
Personal Services $915/yr $940/yr $978/yr $992/yr $1034/yr
Public School Teachers $1293/yr $1329/yr $1367/yr $1406/yr $1403/yr
Radio Broadcasting & Television Workers $2089/yr $2223/yr $2361/yr $2497/yr $2427/yr
Railroads $1645/yr $1724/yr $1774/yr $1849/yr $1877/yr
State and Local Govt. Workers $1361/yr $1433/yr $1505/yr $1529/yr $1569/yr
Telephone & Telegraph Workers $1378/yr $1420/yr $1481/yr $1580/yr $1600/yr
Wholesale and Retail Trade Workers $1279/yr $1295/yr $1352/yr $1352/yr $1360/yr
229
Food Basket, 1935-1939 THE VALUE OF A DOLLAR
Apples, Fresh, per pound 1935 6.50¢ 5.50¢ 6.50¢ 5.90¢ 6.20¢
1936 6.40¢ 5.80¢ 6.50¢ 6.10¢ 6.10¢
1937 NR NR NR NR NR
1938 NR NR NR NR NR
1939 NR NR NR NR NR
Beans, Navy, per pound 1935 8.30¢ 7.10¢ 6¢ 6.98¢ 7.40¢
1936 8.90¢ 7¢ 6.50¢ 6.70¢ 8¢
1937 NR NR NR NR NR
1938 NR NR NR NR NR
1939 NR NR NR NR NR
Beef, Rib Roasts, per pound 1935 34.10¢ 29.20¢ 32.20¢ 24.20¢ 27.60¢
1936 31.80¢ 29.50¢ 31.60¢ 24.70¢ 27.40¢
1937 NR NR NR NR NR
1938 NR NR NR NR NR
1939 NR NR NR NR NR
Beef, Steaks (Round), per pound 1935 39.20¢ 36.20¢ 34.70¢ 31¢ 31.30¢
1936 36.80¢ 35.70¢ 33.50¢ 30.90¢ 31.40¢
1937 NR NR NR NR NR
1938 NR NR NR NR NR
1939 NR NR NR NR NR
Bread, White, per loaf 1935 5.60¢ 5.60¢ 5.20¢ 4.10¢ 4.50¢
1936 5.20¢ 5.10¢ 4.80¢ 3.80¢ 4.30¢
1937 NR NR NR NR NR
1938 NR NR NR NR NR
1939 NR NR NR NR NR
Butter, per pound 1935 37.10¢ 37.50¢ 35.60¢ 35.40¢ 36.50¢
1936 40.50¢ 40¢ 39.20¢ 38.80¢ 39.10¢
1937 NR NR NR NR NR
1938 NR NR NR NR NR
1939 NR NR NR NR NR
Cheese, per pound 1935 28.90¢ 24.20¢ 28.60¢ 27.40¢ 27.10¢
1936 30.50¢ 24.50¢ 30.40¢ 28.50¢ 27.70¢
1937 NR NR NR NR NR
1938 NR NR NR NR NR
1939 NR NR NR NR NR
Chickens, per pound 1935 31.80¢ 25.10¢ 30.30¢ 26.50¢ 33¢
1936 33.50¢ 26.10¢ 32¢ 28.90¢ 35¢
1937 NR NR NR NR NR
1938 NR NR NR NR NR
1939 NR NR NR NR NR
Coffee, per pound 1935 26¢ 24.30¢ 26.20¢ 30.90¢ 28.70¢
1936 24.50¢ 22.90¢ 24.70¢ 31.80¢ 27.30¢
1937 NR NR NR NR NR
1938 NR NR NR NR NR
1939 NR NR NR NR NR
Cornmeal, per pound 1935 6.30¢ 3¢ 6.10¢ 5.40¢ 5.10¢
1936 6.50¢ 3¢ 6.10¢ 5.20¢ 4.90¢
1937 NR NR NR NR NR
1938 NR NR NR NR NR
1939 NR NR NR NR NR
230
THE VALUE OF A DOLLAR Food Basket, 1935-1939
Prunes, Dried, per pound 1935 10.80¢ 10.80¢ 12.30¢ 11.90¢ 9.80¢
1936 9.70¢ 9.90¢ 11.10¢ 10.20¢ 8.90¢
1937 NR NR NR NR NR
1938 NR NR NR NR NR
1939 NR NR NR NR NR
Rice, per pound 1935 8.80¢ 7.90¢ 8.50¢ 8.40¢ 8.80¢
1936 8.90¢ 8.40¢ 9.10¢ 8.90¢ 9.40¢
1937 NR NR NR NR NR
1938 NR NR NR NR NR
1939 NR NR NR NR NR
Sugar, per pound 1935 5.40¢ 5.90¢ 5.80¢ 6¢ 5.20¢
1936 5.40¢ 5.70¢ 5.80¢ 6.10¢ 5.10¢
1937 NR NR NR NR NR
1938 NR NR NR NR NR
1939 NR NR NR NR NR
Tea, per pound 1935 64.60¢ 76.50¢ 81.10¢ 78.50¢ 74.90¢
1936 66.10¢ 76.90¢ 83.20¢ 83.10¢ 77.40¢
1937 NR NR NR NR NR
1938 NR NR NR NR NR
1939 NR NR NR NR NR
Veal, per pound 1935 44.20¢ 36.80¢ 36.80¢ 34.20¢ 41¢
1936 46.80¢ 39.10¢ 39¢ 35.80¢ 42.60¢
1937 NR NR NR NR NR
1938 NR NR NR NR NR
1939 NR NR NR NR NR
232
THE VALUE OF A DOLLAR Selected Prices, 1935-1939
Appliances
Coffee Mill Time Kitchen Aid Electric Coffee Mill for the home $9.75
(1939)
Fan Goodyear Spring and Samson Safe-Flex Home Fan; 30% more breeze and even
Summer Catalog baby’s fingers are safe $2.90
(1937)
Fan Sears, Roebuck Cold Wave; oscillating; guaranteed five years if oiled
(1939) twice each season $5.50
Kitchen Range Sears, Roebuck Easy cleaning; lustrous surfaces everywhere $76.95
(1939)
Refrigerator Sears, Roebuck Cold Spot; kerosene; costs only $0.04 to $0.07 per day $169.50
(1939) to operate
Refrigerator Sears, Roebuck Polar Air; air-conditioned ice; modern in style and
(1939) efficiency—a $40 value $22.98
Stove Sears, Roebuck Cast iron; big pull-out hearth for quick firing or easy
(1938) emptying of ashes $29.85
Toaster Sears, Roebuck Heatmaster; record-smashing value $1.85
(1938)
Vacuum Cleaner Sears, Roebuck Kenmore DeLuxe; triple-action cleaning; beating
(1938) sweeping suction $31.45
Washing Machine Sears, Roebuck Challenger; gasoline; does a big day’s wash for less than
(1939) a dime $39.95
Apparel, Children’s
Slacks Sears, Roebuck Boy’s; Sanforized-shrunk, heavy weight, washable,
(1939) deep tone, cotton twill $0.98
Suit Sears, Roebuck Boy’s; double-breasted; 1-knicker suit, 40% wool,
(1939) balance rayon, cotton $4.98
Apparel, Men’s
Hat Collier’s Stetson; stag brown; he doesn’t see how he could afford
(1938) to wear anything else $5 to $10
Shoes Collier’s Florsheim Brookfield Style; we lowered the price and
(1938) raised the value $8.75
Shoes Collier’s Bostonian; they’re walk fitted $7.50 to $11
(1938)
Shorts Sears, Roebuck Cotton broadcloth; they won’t shrink out of fit or rip $0.22
(1938)
Sleeping Robe Hunting and Life Woods Arctic Down; your Woods robe keeps all warmth
(1936) in, all cold out; large size $62.50
Socks Sears, Roebuck All wool; for work $0.28
(1939)
Suit Sears, Roebuck Cassimere; herringbone with an overplaid, in a strong all-
(1939) wool fabric $13.95
Tie Sears, Roebuck Fine rayon $0.23
(1939)
Apparel, Women’s
Charmode Sears, Roebuck All-in-one; fits as though it were made for you alone $2.89
(1939)
233
Selected Prices, 1935-1939 THE VALUE OF A DOLLAR
Corset Sears, Roebuck Maternity; perfectly designed for correct support before
(1939) childbirth $2.98
Dress Sears, Roebuck Maternity; spun rayon $2.98
(1939)
Frock Sears, Roebuck Eileen Drury; all-rayon French-type drape $1.98
(1938)
Girdle Sears, Roebuck Soft-textured 2-way stretch dura-latex $0.79
(1939)
Hose Time Davencrepes by Humming Bird; America’s high-style
(1939) hosiery; every inch is guarded by invisible extra silk
Per pair $1.15
Shoes Time Matrix Originals, your footprint in leather; oh so
(1939) comfortable
Per pair $10.00
Slip Sears, Roebuck Silk crepe; with shadowproof panels $1.55
(1938)
Stockings Sears, Roebuck Silk; the same quality that’s around $0.29 in most other
(1939) stores $0.21
Baby Products
Carriage Sears, Roebuck Loom-woven baby seat; back and half of sides lined
(1936) with cotton $12.98
Crib Sears, Roebuck All steel; new Humpty-Dumpty decoration, sides 20” $9.15
(1938) high
Hair Treatment Sears, Roebuck Nestle’s; encourages the natural curliness of the hair $0.83
(1938)
Collectibles
Arrowheads Hunting and Fishing 100 good ancient arrowheads $3.00
(1936)
Entertainment
Broadway Play Time Actress Tallulah Bankhead in The Little Foxes
(1939) Nightly seating $0.55 to $3.30
Entertainment, Home
Camera Hunting and Fishing Moviematic; the camera that has made movie shooting
(1936) everyone’s sport $5.95
Camera Country Life Kodak Bantam; with Kodak Anastigmat Special lens,
(1939) 1/200-second shutter; plunger-type body shutter release $22.50
Movie Camera Time Bell and Howell, Filmo 8; makes both color and black-
(1939) and-white movies; use Filmo indoors or out $49.50
Radio Hunting and Fishing Tingtone Pocket; operates without tubes or batteries $2.90
(1936)
Radio Sears, Roebuck A full-size personal radio in the latest styles; 5-tube $16.50
(1936)
Radio Goodyear Spring and Goodyear Wings Deluxe-8; home radio $38.95
Summer Catalog
(1937)
Radio Sears, Roebuck A.C. Electric Tuning Radio; press button, instantly hear
(1938) the program—no waiting at all $49.50
234
THE VALUE OF A DOLLAR Selected Prices, 1935-1939
Food Products
Fish Atlanta Constitution Fancy speckled trout $0.19/pound
(1935)
Fish Atlanta Constitution Roe Shad $0.23/pound
(1935)
Hamburger Atlanta Constitution $0.12/half lb
(1935)
Olive Oil Sears, Roebuck Gaillard; unexcelled for baby’s first bath; 1/2 pint $0.39
(1936)
Sausage Atlanta Constitution Country sausage $0.20/pound
(1935)
Shrimp Atlanta Constitution Cooked, peeled shrimp $0.23/half pound
(1935)
Furniture
Bathroom Cabinet Morgan Millwork Co. Miami Metal; 16” x 24”; 3 coats of high-grade baked
(1936) enamel $14.00
Bed Country Life Louis XIV with Simmons Beautyrest box spring and
(1939) mattress; custom-made oversize mattress, 6’ 4 1/2”
long, 6’ wide $345
Bed Sears, Roebuck Lifetime Steel; complete outfit of bed, mattress, and
(1939) coil spring $16.50
Bedroom Set Atlanta Constitution 12-piece bedroom group; bed, vanity, chest, bench,
(1935) mattress, 2 pillows, rug, shades, boudoir chair,
Simmons coil spring $89.00
China Cabinet Morgan Millwork Co. Morgan; designed especially for use in the smaller homes
(1936) and in apartments; Extra width 2’ 9”; height 7’; pine $32.50
Kitchen Unit Morgan Millwork Co. 3’ 8” wide; 1’ 10” deep; six wood drawers, two pan and
(1936) lid racks, one pair of flush doors $30.38
Mantel Morgan Millwork Co. Morgan Colonial; with 5’ 11” long shelf, 6 1/2” wide; fancy
(1936) Greek design $31.88
Mirror Warren’s Paint & Frameless Venetian; polished v-cut mitered lines are
Varnish Prod. ground on the face side, as well as floral design at the top,
(1937) peach on blue $37.72
Sofa and Chair Sears, Roebuck Swedish modern; today’s most talked of style $66.85
(1939)
Table Sears, Roebuck Gateleg; with the popular circular leaves opens to
(1936) 45” x 36”; select hardwoods $8.69
Table Country Life Hammacher Schlemmer; rattan serving; easy to carry;
(1939) firm standing $10.50
Table Country Life Hammacher Schlemmer; wrought-iron dining table with
(1939) glass top $56.00
235
Selected Prices, 1935-1939 THE VALUE OF A DOLLAR
Hotel Rates
Hotel Room Time Commodore; New York’s best located hotel; 2,000
(1939) large outside rooms, all with private baths
From $4.00
Hotel Room Time Hotel Taft in New York at Radio City; 2,000 rooms
(1939) with bath and radio
From $2.50 per day
Hotel Room Country Life Copley Plaza Luxury; Boston, Massachusetts; without
(1939) pretension and extravagance $4/night
Room Rates Time Ambassador Hotel; large, luxurious rooms in New York
(1939) Single from $6.00
Double from $8.00
Suite from $12.00
Room Rates Time Traymore on The Boardwalk, Atlantic City; cruise ashore
(1939) European plan $5.00
With meals $8.00
Room Rates Time Mayfair of St. Louis; location, comfort, fine food
(1939) Single $3.50 or less
Double $5.00 or less
Household Products
Broiler Pan Sears, Roebuck Oval aluminum $0.75
(1936)
Crock Sullivan Hardware Co., 12-gallon stone crock $1.68
Inc.
(1936)
Dinnerware Sears, Roebuck Semi-porcelain; service for six, includes 32 pieces $4.98
(1939)
Disinfectant Sears, Roebuck Lysol; Used in the care of the famous Dionne Quintuplets
(1938) since their birth. Large size $0.83
Flashlight Goodyear Spring and Zephyrlites Flashlight; 3-cell, 10 1/16” length, 500’ beam;
Summer Catalog Tiffany of flashlights
(1937 $1.39
Flashlight Sears, Roebuck Challenge; long-range piercing finger of light that reaches
(1939) 750’ $0.55
Flatware Sears, Roebuck Community Plate; service for 6 $29.75
(1939)
Furniture Varnish Sears, Roebuck Seroco; long-wearing clear, hard gloss $0.77/quart
(1936)
Glasses Sears, Roebuck Cocktail glasses; 7-piece set, includes 6 glasses and
(1939) shaker $0.79
Grill Goodyear Spring and Picnic grill; burns charcoal; folds into small compact
Summer Catalog carrying carton $1.95
(1937)
House Paint Warren’s Paint & Protex; a rich linseed oil paint, unexcelled in hiding $4.08/gal
Varnish Prod. qualities
(1937)
236
THE VALUE OF A DOLLAR Selected Prices, 1935-1939
Kitchen Cabinet Sears, Roebuck Hamper; heavy spot-welded steel in a smart octagon $9.98
(1938) style
Lawn Mower Country Life Stearns; power; no longer a luxury, 10 models, 6-wheel
(1939) drive and 4-roll drive $69.50 to $260
Light Bulbs Collier’s Edison Mazda General Electric; eyestrain season is here;
(1938) homework and dark winter evenings call for light
conditioning
100 watt bulb $0.15
150 watt bulb $0.20
Paint Warren’s Paint & Southern Colonial Aluminum; highly recommended for
Varnish Prod. interior work, and for work on radiators, pipes,
(1937) machinery, etc $4.25/gallon
Paintbrush Warren’s Paint & For flat wall paint; 4” width, 2 3/4” length $0.90
Varnish Prod.
(1937)
Patching Plaster Warren’s Paint & Old Newark; has been on the American market for
Varnish Prod. 118 years; 5 lb package $0.10
(1937)
Pressure Cooker Sears, Roebuck Kook-Kwick 1/3 the time, 1/3 the fuel, 8-quart size $7.45
(1939)
Rug Sears, Roebuck Velflor; the economy rug; 9’ x 12’ $8.75
(1939)
Towels Sears, Roebuck Morninglow; bath towel; 20” x 40” triple-stripe border $0.79/4
(1936)
Wall Clock Sears, Roebuck Ingraham Regulator; non-striking, for offices, churches,
(1939) schools, and halls $6.98
Waterhose Sullivan Hardware 25’ green 5/8” hose $3.00
Co., Inc.
(1936)
Window Cleaner Goodyear Spring and Windex; cleans and polishes auto glass without water $0.39
Summer Catalog
(1937)
Wood Filler Collier’s Plastic Wood; this canned wood makes all home repairs
(1938) easy $0.35/can
Wood Lathe Sears, Roebuck Companion; 44” bed, 4-speed $11.95
(1936)
Jewelry
Watch Time Longines President Lincoln watch for men; 14 carat
(1939) gold, 17 jewels, pink gold dial $100
Watch Time Longines Ella Wilcox watch for women; yellow gold
(1939) filled, 17 jewels $47.50
Musical Instruments
Guitar Sears, Roebuck Lone Ranger; with he-man figures of radio’s most-beloved
(1936) characters $4.45
Guitar Sears, Roebuck Supertone Gene Autry; large concert size $8.45
(1938)
238
THE VALUE OF A DOLLAR Selected Prices, 1935-1939
Other
Birdbath Country Life Lombard & Co.; imported English sandstone $50.00
(1939)
Charcoal Briquettes Goodyear Spring and 5 lb bag $0.25
Summer Catalog
(1937)
Dog Food Hunting and Fishing Miller’s Kibbles; nearly 1/2 pound beef in every pound $1/8 pounds
(1936)
Dogs Hunting and Fishing Pair of rabbit hounds; 2 1/2 years old, medium size, long
(1936) ears, good voices, fast, true, steady drivers; 10 day trial $20.00
Dogs Country Life Giralda Farms; English Cocker Spaniel pups sired by
(1939) Blackmoor Beacon out of imported bitches $50
Door and Frame Morgan Millwork Co. Morgan Colonial Style Exterior; door, No. 1 pine, heavy
(1936) 1 3/4” solid panels, flush on outside with beaded edges $25.00
Entry Fee Hunting and Fishing National Skeet Championship; 20-gauge championship at
(1936) 100 targets (includes targets) $7.00
Film Enlargement Hunting and Fishing Diamond Photo Service; Kodak film enlarged to 8” x 10”,
Service (1936) negative returned $0.29
Fountain Pen Collier’s Esterbrook Re-New-Point; the common sense
(1938) fountain pen
complete fountain pen $1.00
duracrome renew-point $0.25
House Kit Hunting and Fishing Aladdin’s Build It Yourself House; price includes all lumber,
(1936) readi-cut, millwork, windows, doors, interior woodwork,
hardware, roofing, glass, nails, paints, varnish and stains;
we pay freight $493
Laundry Cleaning City Directory Ideal Laundry; why wash at home? 15 lbs;
(Greenville, SC) ideal damp wash $0.49
(1937)
Pedestal Lavatory Sears, Roebuck Mayflower; it will give your bathroom distinctiveness $15.00
(1936)
Shoe Polish Sears, Roebuck Bixby’s Jet Oil; for all-black smooth leather shoes; 13 oz $0.14
(1936)
Sunlamp Sears, Roebuck Carbon Arc; make that flattering tan a year round asset $6.75
(1939)
Windows Morgan Millwork Co. Andersen Casement; twin frame, glazed $10.03
(1936)
Razor Blade Hunting and Fishing Double Keen; the blades they are talking about at the $1.00
(1936) club
Soap Sears, Roebuck Woodbury’s; facial soap; unquestioned purity; 3 cakes $0.25
(1938)
Toothbrush Collier’s Johnson & Johnson Tek; using one Tek toothbrush in the
(1938) morning and one at night, allows the bristles to dry, clean
better, and last longer $0.51/2
Toothpaste Collier’s Listerine; supercharged with luster-foam (C14 H27 O5 Na)
(1938) regular tube $0.25
double size tube $0.40
Publications
Book Sears, Roebuck Ripley’s Believe It or Not; over 350 illustrations $0.85
(1936)
Book Hunting and Fishing Sportsman’s Encyclopedia, by William Bruette;
(1936) 150 illustrations $1.00
Book Sears, Roebuck Same Sex Life, by H. W. Long, M.D.; helpful to married
(1939) couples or those about to marry $1.85
Real Estate
House Country Life Old brick home for sale; 27 miles south of Washington,
(1939) 9 rooms, 3 baths, basement, steam heat, electricity, hand
carved woodwork, 143 acres $18,000
Land Country Life Dairy estate property for sale; 90 miles from New York
(1939) City; big income, milk retails; illness, sacrifice $125,000
Land Country Life New Hampshire lake shore farm; 400 foot frontage,
(1939) 150 acres; trout brook; farm house; 2 barns;
includes beautiful building site overlooking lake and
Mount Monadnock $15,000
Sports Equipment
Bait Hunting and Fishing Night Crawlers $1/quart
(1936)
Basketball Sears, Roebuck J. C. Higgins; regular pebbled-top-grain cowhide $3.59
(1938)
Bicycle Goodyear Spring and Goodyear; deluxe boy’s bicycle; nothing has been left
Summer Catalog undone to make it the sort of bike wanted by anyone
(1937) who appreciates the best there is $43.95
Bicycle Tires Goodyear Spring and Goodyear; balloon bicycle tires; 26” x 2.125”; made of
Summer Catalog highest quality live rubber $1.90
(1937)
Camp Cottage Country Life Hodgson; simply fit the ready-made sections together
(1939) and draw them tight with special Hodgson bolts $200
Camper’s Ax Sears, Roebuck Craftsman; don’t miss this $1.70 value $1.00
(1939)217
Decoys Hunting and Fishing C. A. Frakes; canvas; light, durable, lasting, lifelike $2.95/dozen
(1936)
240
THE VALUE OF A DOLLAR Selected Prices, 1935-1939
Fishing Outfit Sears, Roebuck 22-piece starter kit for children $0.98
(1939)
Fishing Reel Hunting and Fishing Pfluger Capitol; all special features of former model
(1936) retained $8.25
Gun Bluer Hunting and Fishing New method; makes old guns like new $1.00
(1936)
Gun Case Hunting and Fishing Nichols Lambskin; custom-made $3.00
(1936)
Motor Yacht Country Life Elco 53; brings you luxurious yachting at a surprising
(1939) low cost $26,300
Pocketknife Sears, Roebuck Sta-Sharp; 3-Blade perfect for stock men, ranchers,
(1939) craftsmen; 3 1/4” long $0.95
Pocket Telescope Hunting and Fishing Robie-Sawyer; brings distant objects 6 times nearer $1.00
(1936)
Rifle Sears, Roebuck Savage Model; .22 caliber $19.85
(1936)
Rifle Hunting and Fishing Winchester 94 Carbine; .30-.30 caliber $26.50
(1936)
Saddle Sears, Roebuck Peerless; a good saddle for all around use $27.95
(1938)
Shotgun Hunting and Fishing Iver Johnson; double barrel; the greatest double gun
(1936) value on the market $30.00
Skittle Set Country Life Abercrombie and Fitch Penguin; for beach or lawn, six
(1939) penguins, two balls $10.00
Sunglasses Goodyear Spring and Deluxe shell sport sun goggles optical finish adjustable
Summer Catalog temples $1.98
(1937)
Table Tennis Set Sears, Roebuck 4-paddle $2.95
(1939)
Target Pistol Hunting and Fishing .22 automatic; a target pistol built by gun experts $20.00
(1936)
Velocipede Goodyear Spring and Pneumatic tire; the riding velocipede for young
Summer Catalog America $13.45
(1937)
Tobacco Products
Cigar Time Webster custom-made cigars; each
(1939) Golden Wedding $0.10
Perfecto Chico $0.10
Queens, 2 for $0.25
Fancy Tales $0.15
Pipe Sears, Roebuck Chesterfield; known for its sweet smoking qualities; $0.39
(1939) 5” size
Pipe Filters Collier’s Frank Medico Absorbent; finest briar money can buy $1.00
(1938)
Smoking Tobacco Hunting and Fishing Union Leader; a dime’s no longer small change; it’s
(1936) mighty important money when it buys that big red tin of
Union Leader tobacco $0.10
Smoking Tobacco Hunting and Fishing Sir Walter Raleigh; switch to the brand of grand aroma $0.15/can
(1936)
241
Selected Prices, 1935-1939 THE VALUE OF A DOLLAR
Toys
Wagon Goodyear Spring and Playboy DeLuxe Model Wagon; all-steel safety body;
Summer Catalog 41” long, 19” wide $15.45
(1937)
Travel & Transportation
Airline Fare Collier’s American Airlines; let America’s flagships-serving 57
(1938) major cities-give you extra days for living; costs are often
less than first class ground travel; Los Angeles
to New York $149.95
Airline Fare Collier’s American Airlines; New York to Chicago $44.95
(1938)
Cruise Time Red Star Line; one-class travel to Europe; enjoy
(1939) the run-of-the-ship $100.50 and up
Cruise Time Norwegian American Line; from New York to Oslofjord;
(1939) membership limited to 425 $485 and up
242
THE VALUE OF A DOLLAR Miscellany, 1935-1939
MISCELLANY 1935-1939
Publicity for Salaries They said that the number of those out of work
The House Ways and Means Committee has has been falling off steadily this year and “was
made public every corporate salary of $15,000 or slightly less than 9,000,000 at the end of September.”
more. In all, 18,000 persons have discovered that This compared with their estimates of
their salaries are open to public inspection. Many of 11,000,000 for January and 9,550,000 in August.
them have been printed in the newspapers, and the New York Times, November 11, 1936
general feeling of the goldfish is dismay and anger.
Yet it should be recognized that there is a differ- Socialists Have Surplus; Report to House
ence between opening up a man’s whole income and Shows Campaign Outlay $2,287 Less Than Gifts
revealing his salary for the information of the stock- The Socialist Party wound up its Presidential
holders of his corporation. A corporate officer is only campaign with money in the bank.
the servant of his stockholder. They are his employ- A post-election report to the Clerk of the House
ers. An employer should know what he is paying his listed expenditures of $20,937, or $2,287 less than
employees. It is not anybody else’s business. Neither contributions.
taxpayers, insurance solicitors, creditors, nor neigh- Major parties are expected to show deficits of
bors have any right to the information. $500,000 or more.
Business Week, January 18, 1936 New York Times, November 11, 1936
Down Goes Liquor; 50% Tariff Cut on Are There a Million Aliens on Relief?
Imported Liquor and Gin Starts a Wide There may be as many as one million aliens of
Series of Price Reductions illegal entry on our relief rolls, supported by tax-
Seagram led the parade. Its “V.O.” bonded whisky payers, according to Arthur Krock, of The New
was cut (in New York) from $2.59 a pt. to $2.09; its York Times. Mr. Krock offers this as another
Five Crown (blend) went from $1.42 a pt. to $1.19. explanation of the administration’s curious hesi-
Hiram Walker retorted with a cut of its Cana- tation to take a census of the unemployed.
dian Club (bonded) from $2.49 a pt. to $2.08; its He suggests that Congress may be about to be
cheaper blends were reduced to $1.19 a pt. asked virtually to suspend the naturalization laws,
Business Week, February 1, 1936 that this army of aliens of illegal entry may quickly
be made citizens in as good standing as any other.
Bootleg Wiring; Electrical Industry Makes Saturday Evening Post, January 23, 1937
243
Miscellany, 1935-1939 THE VALUE OF A DOLLAR
MISCELLANY 1935-1939
Clothing Brand Cuts Prices First Time In 15 worth) of crude a day, the allowable permitted under
Years California’s proration agreements; and it has pro-
That department stores are experiencing slow- duced as much as 3,600 barrels during a twenty-four-
ness in the sale of men’s clothing was indicated hour test, through a one-inch flow bean or choke.
yesterday when one large store cut the price of its Even beaned down to the present low output,
leading brand for the first time in fifteen years. K.C.L. A-2 is expected to pay out—i.e., return the
The revision was announced in a mailing to investment—in about three years. Provided, of
charge account customers only, inviting them to a course, that K.C.L. A-2’s type of crude maintains
private sale. The amount of the reduction was anything like the current price of $1.15 a barrel.
approximately 15 percent. The sale will be con- Fortune, July 1938
244
1940-1959
World War II, Recovery, and the Cold War
PRESIDENTS
Franklin D. Roosevelt † 1933-1945
Harry S. Truman 1945-1953
Dwight D. Eisenhower 1953-1961
† died in office
he twenty-year period from 1940 to 1959 in- expenditures reached $98 billion—$90 billion over
245
Background, 1940-1959 THE VALUE OF A DOLLAR
GI Bill of Rights, attended colleges in record numbers. tieth century. In response to the need for interstate
Inflation was the most pressing economic problem, highways, the federal government encouraged the
fueled by the Korean War and the Cold War expendi- movement from city to suburb. The plan to develop
tures for defense. 41,000 miles of highway facilitated the distribution of
The glamour industries—chemicals, electrical goods nationally, making national advertising more
appliances, and electronics—grew at astonishing economical and the concept of a national economy a
rates, while the disposable per-capita income more reality.
than doubled. The average wage earner benefited Government took on a new role. Following the
more from the industrial system than at any time in Korean War, spending remained higher than the 1950
national history. The 40-hour workweek became stan- post-World War II low of $45 billion. By 1957 federal
dard in manufacturing. In offices many workers were spending topped $82 billion—more than half for de-
becoming accustomed to a 35-hour week. During the fense. Big government no longer implied socialism.
1950s an average of seven million new cars and When Health Education and Welfare secretary Oveta
trucks were sold annually. By 1952 two-thirds of all Culp Hobby opposed the free distribution of the po-
families owned a television set; home freezers and lio vaccine as backdoor socialism, the public outcry
high-fidelity stereo phonographs were considered ne- forced her resignation.
cessities. Specialized markets developed to meet the Change was rampant and uneven. By 1950, 25
consumer needs of such groups as backpackers, am- percent of American wives worked outside the home;
ateur photographers, and pet lovers. The adolescent by 1960 the number had risen to 40 percent. Scientific
market came of age: shopping malls, supermarkets, innovations and overproduction forced out the small
and credit cards assumed key roles in the American farmer in favor of agribusiness. Up to one-third of the
lifestyle. population lived below the government’s poverty
By 1960 at least half of all existing dwellings had level, largely overlooked in the midst of prosperity.
been built since World War II. Because of Federal The Supreme Court’s Brown v. Board of Education de-
Housing Administration and Veterans’ Housing cision to end the “separate but equal” doctrine pro-
Administration programs, a majority of Americans duced opposition and future opportunities but little
owned their own homes for the first time in the twen- immediate equality.
1940 $14.71
1943 $12.05
1945 $11.49
1947 $9.26
1949 $8.70
1950 $8.62
1953 $7.75
1955 $7.75
1957 $7.35
1959 $7.14
246
THE VALUE OF A DOLLAR Historical Snapshot, 1940-1944
HISTORICAL SNAPSHOT
1940-1944
1940 Daniel Gerber Fremont Canning Rent controls imposed nationwide
France, Belgium, the Netherlands, Company sells a million cans of American Broadcasting Company
Luxembourg, Denmark, Norway, baby food weekly (ABC) created by Lifesavers mil-
and Romania fall to Germans Cheerios introduced by General lionaire Edward Noble
President Roosevelt’s $8.4 billion Mills Zenith Radio Corporation intro-
budget includes $1.8 billion for U.S. food prices up by 61 percent duces $40 hearing aid
defense over prewar prices Americans rationed three pairs of
14.6 percent of work force out of Pearl Harbor attacked; U.S. enters shoes per year
work war Meat rationing set at 28 ounces
First Social Security checks issued Germany declares war on U.S. per week; meat production rises
Gross National Product is $99 50 percent
billion 1942 Sale of sliced bread banned
Arroyo Seco Parkway, first Los Office of Price Administration Russell Marker pioneers oral con-
Angeles freeway, dedicated formed to control prices traceptive, Syntex, S.A.
Chevrolet coupe sells for $659 Tire rationing plan commences;
Goodyear Dow Corporation gas rationing begins 1944
formed Paine, Webber, Jackson, & Curtis 176,000 Allied troops land at
U.S. Blue Cross Insurance pro- created Normandy beaches; war continues
grams include 6 million sub- Zinc-coated pennies issued by U.S. President Roosevelt reelected to
scribers Mint fourth term
Annual U.S. red-meat consumption Florida passes California as lead- First automatic, general-purpose dig-
reaches 142 pounds per capita ing U.S. producer of oranges ital computer completed at Harvard
33 percent of all farms wired for Kellogg introduces Raisin Bran Federal Highway Act establishes
electric power Sunbeam bread introduced interstate highway system
Ford introduces Lincoln Maxwell House instant coffee has War costing U.S. $250 million per
Continental beginnings in soluble coffee for day
military’s K rations GI Bill of Rights enacted to finance
1941 Dannon yogurt introduced college educations for veterans; 4
President’s $17.5 billion budget in- U.S. automobile production halted percent home loans available with
cludes nearly $11 billion for until 1945 no down payment
defense U.S. soybean production rises as
Inflation increases general price 1943 new uses are found for bean
level by 10 percent President Roosevelt’s $109 billion Chiquita brand banana introduced
U.S. auto production reaches 3.3 budget earmarks $100 billion for U.S. grocers test self-service meat
million war effort markets
Quality Inns founded to franchise Congress approves income-tax Gasoline averages 21 cents per
motel operations withholding from paychecks gallon
247
Selected Income, 1940-1944 THE VALUE OF A DOLLAR
Actress Screen Guide Per picture payment to child movie star Carolyn Lee,
(1941) featured in movie “Virginia” $10,000
Actor Screen Guide Weekly pay of movie actor Henry Fonda $1,500
(1941)
Actor Miller, Annual income of Gene Autry, King of the Cowboys,
The Great Cowboy in 1941 $600,000
Stars of Movies and
Television
(1979)
Alderman The World Almanac Salary of Chicago Mayor Edward Kelly $16,200
(1943)
Army Nurse The World Almanac Annual base pay $1,080
(1943)
Barber Chicago Tribune Steady; good hair cutter; 70% straight; guarantee $50/wk
(1943)
Bar Maid New Orleans Times Colored girl; experienced bar maid and waitress;
Picayune room and board included $5 per week
(1941)
Bartender New Orleans Times Night work; meals $25 week
Picayune
(1943)
Baseball Player Victor Bondi, ed., Earnings of New York Yankee Joe DiMaggio in 1941 $35,000
American Decades:
1940–1949
(1995)
Bell Boys Chicago Tribune $75–$90/mo
(1941)
Body Man Chicago Tribune Experienced to take over growing body shop $35/wk
(1941)
Bookkeeper New York Times Full charge; 50–55 year; Scot preferred; good health;
(1940) non-drinker; able to type; permanent; send details:
experience, personal photo (nonreturnable),
own handwriting $20/wk
Bookkeeper Greenville Piedmont Male $2600/yr
(Greenville, SC)
(1943)
Bookkeeper/Office New York Times Able to prepare weekly payrolls; 300 men for building
Manager (1943) subcontractor; keep complete double-entry records $50/wk
Buffer New York Times Plastic $1 plus/hr
(1944)
Buyer New York Times Assistant trimming buyer, dresses $50/wk
(1944)
Cabinet Member The World Almanac Annual salary of Department of Justice Solicitor
(1942) General Charles Fahy $10,000
Carpenters New Orleans Residential construction; steady work; state $.80 per hour
Times Picayune experience
(1941)
Chambermaids New York Times $21.25/wk
(1944)
Clerk (Payroll) New York Times 40–50 years; experienced $28/wk
(1943)
Compositer New York Times A-1 man; 48 hrs $65/wk
(1944)
248
THE VALUE OF A DOLLAR Selected Income, 1940-1944
Job Source Description Pay
251
Consumer Expenditures, 1940-1944 THE VALUE OF A DOLLAR
252
THE VALUE OF A DOLLAR Investments, 1940-1944
INVESTMENTS 1940-1944
Investment 1940 1941 1942 1943 1944
Basic Yield, One-Year Corporate Bonds .41 .41 .81 1.17 1.08
Short-Term Interest Rates, 4–6 Months,
Prime Commercial Paper .56 .53 .66 .69 .73
Basic Yield, Common Stocks, Total 5.31 6.25 6.67 4.89 4.81
Index of Common Stocks (1941⫺1943⫽10) 11.02 9.82 8.67 11.50 12.47
COMMON STOCKS, CLOSING PRICE AND YIELD, FIRST BUSINESS DAY OF YEAR
(Parenthetical number is annual dividends in dollars)
Allis Chalmers 41 36 3/4 30 3/8 26 3/4 38 1/4
(1.25) (1.50) (1.50) (1) (1.25)
AT&T 171 7/8 168 3/8 132 1/4 128 1/4 156 1/8
(9) (9) (9) (9) (9)
American Tobacco 86 3/4 70 3/4 47 1/2 42 1/8 57 1/2
(5) (5) (4.50) (3.25) (3.25)
Anaconda 30 3/4 27 1/8 28 1/8 24 3/8 25
(1.25) (2) (2.50) (2.50) (2.50)
B&O 6 1/4 3 1/2 3 1/2 3 3/8 5 1/2
(/) (/) (/) (/) (/)
Bethlehem Steel 82 89 66 1/4 56 3/8 56 1/2
(1.50) (5) (6) (6) (6)
Corn Products 64 3/4 44 3/8 55 1/4 55 7/8 55 1/2
(3) (3) (3) (2.80) (2.60)
General Electric 40 3/4 34 1/4 28 1/4 30 3/4 37
(1.40) (1.85) (1.75) (1.40) (1.40)
General Motors 34 7/8 48 1/4 32 44 1/2 52 1/8
(1.60) (3.75) (3.75) (2) (2)
International Business Machines 196 160 1/2 173
(5% stock dividend, 4/1/40) (6) (6) (6)
(5% stock dividend, 1/30/41)
(5% stock dividend, 1/28/42)
(5% stock dividend, 1/28/43)
(5% stock dividend, 1/28/44)
Intl Harvester 62 1/4 50 1/8 47 3/4 59 1/2 73
(1.60) (2.40) (3.10) (2.50) (2.50)
National Biscuit 23 3/4 17 3/4 15 3/4 15 3/4 21 1/4
(1.40) (1.60) (1.60) (1.30) (1.20)
US Steel 70 3/8 47 7/8 50 1/4
(3) (4) (4)
Western Union 20 1/8 27 1/8 42 1/8
(1) (2) (2)
253
Standard Jobs, 1940-1944 THE VALUE OF A DOLLAR
Average of All Industries, excl. farm labor $1392/yr $1561/yr $1858/yr $2181/yr $2360/yr
Average of All Industries, incl. farm labor $1315/yr $1492/yr $1778/yr $2107/yr $2292/yr
Bituminous Coal Mining $1235/yr $1500/yr $1715/yr $2115/yr $2535/yr
Building Trades $1330/yr $1635/yr $2191/yr $2503/yr $2602/yr
Domestics $554/yr $601/yr $706/yr $919/yr $1140/yr
Farm Labor $463/yr $567/yr $769/yr $1002/yr $1189/yr
Federal Civilian $1894/yr $1970/yr $2265/yr $2628/yr $2677/yr
Federal Employees, Executive Depts. $1125/yr $1239/yr $1632/yr $1792/yr $1929/yr
Federal Military $1025/yr $1113/yr $1485/yr $1565/yr $1763/yr
Finance, Insurance, & Real Estate $1725/yr $1777/yr $1885/yr $2041/yr $2191/yr
Gas & Electricity Workers $1795/yr $1870/yr $2040/yr $2284/yr $2467/yr
Manufacturing, Durable Goods $1568/yr $1840/yr $2292/yr $2619/yr $2774/yr
Manufacturing, Nondurable Goods $1299/yr $1440/yr $1654/yr $1895/yr $2081/yr
Medical / Health Services Workers $927/yr $955/yr $1036/yr $1127/yr $1262/yr
Miscellaneous Manufacturing $2320/yr $1380/yr $1540/yr $1882/yr $2176/yr
Motion Picture Services $1948/yr $2016/yr $2124/yr $2250/yr $2379/yr
Nonprofit Org. Workers $1408/yr $1379/yr $1482/yr $1679/yr $1795/yr
Passenger Transportation Workers, $1559/yr $1664/yr $1990/yr $2280/yr $2458/yr
Local and Highway Personal Services $1062/yr $1095/yr $1199/yr $1386/yr $1575/yr
Public School Teachers $1435/yr $1462/yr $1512/yr $1608/yr $1730/yr
Radio Broadcasting & Television Workers $2554/yr $2581/yr $2667/yr $2929/yr $3333/yr
Railroads $1906/yr $2030/yr $2303/yr $2585/yr $2714/yr
State and Local Govt. Workers $1497/yr $1522/yr $1574/yr $1687/yr $1797/yr
Telephone & Telegraph Workers $1610/yr $1633/yr $1715/yr $1878/yr $2035/yr
Wholesale and Retail Trade Workers $1382/yr $1478/yr $1608/yr $1781/yr $1946/yr
254
THE VALUE OF A DOLLAR Food Basket, 1940-1944
257
Selected Prices, 1940-1944 THE VALUE OF A DOLLAR
Alcohol
Blended Whiskey I. Ginsberg Inc. Seagram’s $2.70/fifth
Price List
(1940)
Blended Whiskey I. Ginsberg Inc. Seagram’s V.O. $3.75/fifth
Price List
(1940)
Bourbon I. Ginsberg Inc. Seagram’s Five Year $3.80/fifth
Price List
(1940)
Cordial I. Ginsberg Inc. Silk Hat $1.15/pint
Price List
(1940)
Corn Whiskey I. Ginsberg Inc. Mountain $2/quart
Price List
(1940)
Gin I. Ginsberg Inc. Crescent Denby Club $1.60/quart
Price List
(1940)
Gin I. Ginsberg Inc. Seagram’s King Arthur $1.70/fifth
Price List
(1940)
Whiskey I. Ginsberg Inc. Carstairs Blended $2.95/fifth
Price List
(1940)
Whiskey I. Ginsberg Inc. Kessler’s Private Blend $2/fifth
Price List
(1940)
Whiskey I. Ginsberg Inc. Owings Mills Red Moon Corn $1.57/quart
Price List
(1940)
Whiskey I. Ginsberg Inc. Seagram’s Ancient Bottle Straight Rye $3.80/fifth
Price List
(1940)
Whiskey I. Ginsberg Inc. Seagram’s Five Crown Blended $2.25/fifth
Price List
(1940)
Whiskey New York Times York House Scotch; outsells the next best selling $2.79/fifth
(1940) famous-label Scotch in Macy’s Best Cellar by 8 to 1
Apparel, Children’s
Pants Sears, Roebuck Sanforized cool tropicals $1.19
(1941)
Pants Life Magazine Kleinert’s Softex Pad Pants; refill pads, completely
(1942) disposable, are the modern solution to the old-fashioned
diaper problem $0.60
Shoes Sears, Roebuck Classic Saddle; we don’t need to tell you about
(1941) saddle oxfords $1.69
Slacks Sears, Roebuck Leisure coat and slacks; the style hit of the season $3.98
(1941)
258
THE VALUE OF A DOLLAR Selected Prices, 1940-1944
Apparel, Men’s
Hats Chicago Tribune Dobbs, Stetson and Lee $5 to $20
(1943)
Raincoat Life Magazine Rainfair The Grafton; for business men; a fine-quality
(1942) piedmont gabardine $11.50
Shirt Chicago Tribune Arrow White; magic for any man’s appearance- with a
(1943) variety of collar styles $2.75
Shoes Liberty Air-o-Magic shoes for men; hand-moulded innersoles $6.00 to $7.50
(1944)
Shoes Life Magazine Winthrop; action free shoes with a military-type strap
(1942) oxford, full-leather lined $9.50
Shoes Life Magazine Roblee; kodiak brown; harness stitched; overlay blucher;
(1942) double sole $6.00
Shoes Consumer Reports Thom McAnn $4.20
(1943)
Shoes Consumer Reports Towncraft $4.79
(1943)
Sports Jacket New York Times Bloomingdale’s; large selection of wool tweeds and
(1940) shetlands in shades of blue, grey, brown, and green $15.00
Suit Chicago Tribune Gulfstream’s; famous gabardine and tropical weaves $7.95
(1941)
Tie The Saturday Evening Arrow; as outstanding as Arrow shirts $1.00
Post
(1941)
Tie Majestic Theatre Arrow; smart, neat patterns and stripes plus rich fabrics;
Program then, they make the perfect knots $1/$1.50/$2
(1942)
Apparel, Women’s
Brassiere Majestic Theatre Model Brassieres; bias cup; be sure your bra really fits—
Program buy your personal cup depth $1.00
(1942)
Brassiere Life Magazine Carole; wears, gives the beauty and style of a $1 $0.59
(1942) brassiere
Brassiere Majestic Theatre Bali; in tea rose, white, black nylon $1.50 to $5.00
Program
(1942)
Coats Chicago Tribune Tweeds, shetlands, herringbones, fleece, twills, $20.00
(1943) gabardines
Dress New York Times Knight in Armor; our gilt-girdled rayon jersey $22.75
(1940)
Dress Chicago Tribune Vacation sensation; every one of our entire stock of
(1941) frocks in that famous carefree fabric $4.45
Dress Chicago Tribune Russeks Prints; rayon jerseys, rayon crepes; formerly
(1941) $29.95–$69.95 $21.00
Dress Chicago Tribune Carson, Pirie Scott & Co.; a simple tailored dress . . .
(1943) but not so plain as to be uninteresting and dignified
without being mature $7.95
Fur Coat New York Times Muskrat; beautiful in its own right, an impressive
(1943) imitator . . . hardy, reliable, flattering $245
Fur Coat New York Times John Wanamaker; silvery, radiant beaver . . . a subtle
(1943) flatterer and a congenial companion to casual and
formal costumes alike $595
Fur Coat Chicago Tribune Persian lamb; from stock or made to measure $259
(1943)
259
Selected Prices, 1940-1944 THE VALUE OF A DOLLAR
Appliances
Alarm Clock Better Homes and Westclox Country Club; electric; for any room in the
Gardens house; luminous dial; ivory finish $3.45
(1940)
Coffee Percolator Liberty Vaculator gives you an insurance policy; make the
(1944) world’s finest cup of coffee $2.95
Deep Freezer Better Homes and Motor Products Corporation; electric; allows right at
Gardens home the large quantity, frozen-food storage some
(1940) families enjoy in lock systems $225
Heater Better Homes and Arvin Electric; fan-forced; circulating; standard Model
Gardens 101; 10” high, green enamel finish $6.95
(1940)
260
THE VALUE OF A DOLLAR Selected Prices, 1940-1944
Home Incinerator Better Homes and The Majestic Co.; just connect to your furnace flue—costs
Gardens nothing to operate $29.95
(1940)
Iron Better Homes and Knapp-Monarch Co. Steam King; fully automatic, irons
Gardens with steam and can be used for dry cleaning $12.95
(1940)
Mixer Better Homes and Kitchen-Aid; superior food mixing; with juicer $29.95
Gardens
(1940)
Mixer Better Homes and Sunbeam MixMaster; lighter, higher cakes due to
Gardens even-mixing and greater aeration; complete with juicer $23.75
(1940) West of Denver $24.50
Oil Burner Better Homes and General Electric; can be installed in as short a time as
Gardens one day; clean, quiet, odorless, full automatic, easy on $268
(1940) oil
Range Better Homes and Frigidaire; at last I can afford an electric range; super
Gardens sized twin-unit oven, speed-heat cooking units, high- $100
(1940) speed broiler
Washing Machine Better Homes and Maytag; available in white or gray finish, with or without
Gardens water discharge pump $59.95
(1940)
Baby Products
Flannelettes Sears, Roebuck Sanforized shrunk; medium-heavyweight embroidered $0.29
(1941)
Gown Sears, Roebuck Roly Poly; combed cotton gown, commended by
(1941) Parents Magazine $0.47
Training Pants Sears, Roebuck The quickest easiest way to teach good habits $0.13
(1941)
Collectibles
Furniture American Collector Bow front mahogany Hepplewhite chest of drawers,
(1942) original with exception of brasses; The Loft, West
Chester, Pennsylvania $125
Education
Fee New York Times Business school; shorthand, beginners, review, typing,
(1940) stenotypists, reporting $1/week
Entertainment
Concert Ticket New York Times Benny Goodman and his orchestra; Hotel Astor; Friday
(1943) and Saturday $1.25
Concert Ticket New York Times Philadelphia Orchestra; Ormandy conducting $1.20 to $4.20
(1944)
Movie Ticket New York Times Gone With The Wind; air conditioned; Little Carnegie $1.10
(1940)
Movie Ticket New York Times The Doctor Takes A Wife; Loretta Young, Ray Milland;
(1940) plus big stage show; Roxy $0.25
261
Selected Prices, 1940-1944 THE VALUE OF A DOLLAR
Movie Ticket Chicago Tribune Wagons Roll At Night; Humphrey Bogart; State-Lake
(1941) Before 6:30 $0.25
After 6:30 $0.40
Movie Ticket Chicago Tribune Two features; That Hamilton Woman and The Great
(1941) American Broadcast; Oriental;
Days $0.25
Evenings $0.40
Movie Ticket New York Times My Gal Sal; Rita Hayworth, Victor Mature, Carole Landis;
(1942) 10:30 a.m. to 5:00 p.m.; Albee $0.30
Opera Ticket New York Times La Bohéme; NY City Center Opera Co. $0.75 to $2.00
(1944)
Play Ticket Majestic Theatre Lily of the Valley; Windsor Theatre
(1942) Matinees $0.55 to $1.65
Evenings $0.55 to $2.20
Play Ticket New York Times Porgy & Bess; by DuBose Heyward; one of the finest
(1942) things in the American theater; Majestic $2.75
Play Ticket New York Times The Streets Are Guarded; by Laurence Stallings;
(1944) Henry Miller’s $1.20–$3.60
Theater Ticket New York Times Carmen Jones; the lowest-price major musical on $3.00
(1944) Broadway
Entertainment, Home
Board Game Liberty Quija board; a spine-tingling, electrifying game $2.00
(1944)
Camera Sears, Roebuck Eastman Brownie; compact, easy to operate $2.56
(1941)
Home Movie Life Magazine Castle Films; African Pygmy Thrills; Africa’s tiny pygmies,
(1942) menaced always by vicious man-eating crocodiles; own
this astounding movie now
8mm $5.50
16mm $8.75
Record Majestic Theatre Decca; the glorious Gershwin Porgy and Bess;
Program four 12” records $4.72
(1942)
Recording Better Homes and Glamor-tone; all in one 18” cabinet are radio,
Combination Gardens phonograph, and home-recording device $34.50
(1940)
Recording Disks Better Homes and Crosley Glameton; 8” size in cartons of 5 $1.50/carton
Gardens
(1940)
Food Products
Artificial Sweetener New York Times Macy’s Saccharin Tablets; 1/4 gr 1000s $0.54
(1940)
262
THE VALUE OF A DOLLAR Selected Prices, 1940-1944
Furniture
Bedroom Suite Chicago Tribune 4-piece Early American bedroom suite $49.50
(1943)
Bunk Bed Sears, Roebuck Two beds for the price of one $10.98
(1941)
Chair Brochure Furniture by The Riddle Fan Chair; width 32”, depth 28”, height 46” $85.00
Tomlinson
(1940)
Chest Brochure Furniture by Randolph Tall; 36” wide; will find a multitude of uses in
Tomlinson the apartment or average home $175
(1940)
Dresser Base Sears, Roebuck An $11.50 value; four spacious drawers give plenty of
(1941) room for clothing $6.48
Lamp Better Homes and General Electric Mazda
Gardens 40, 50, 60 Watt $0.13
(1940) 75, 100 Watt $0.15
Mattress Better Homes and Simmons Beautyrest; based on our 10-year guarantee,
Gardens the price comes down to about a penny a night $39.50
(1940)
Radio/Phonograph Better Homes and Stewart Warner Concert Grand Sheraton Model 8D9;
Cabinet Gardens for homes where good taste rules $185
(1940)
Table Brochure Furniture by Southall; drop leaf; serves perfectly as a sofa table;
Tomlinson top 45” x 26”–68” $75.00
(1940)
Rose House and Garden Wayside Gardens Heart’s Desire Red Rose $1.50
(1942)
Seeds House and Garden Stumpp & Walter Co.; multiflora hybrid begonia $0.35/pkg
(1942)
Seeds House and Garden W. Atlee Burpee Co.; marigold garden; twelve distinct $1/12
(1942) kinds pkgs
Hotel Rates
Hotel Room New York Times Berkeley-Carteret; all inclusive weekend rate; Saturday
(1940) afternoon and Sunday, room with bath, 3 lavish meals $5.50
Hotel Room New York Times Kathmere Inn and Beach Club; private beach, pier; Old
(1940) Greenwich, Conn.; swimming, tennis, delightful, restricted $14/week
Hotel Room Chicago Tribune McAlpin; if business beckons you to New York,
(1941) stay at the McAlpin; single $3/day
Hotel Room New York Times Hotel Chesterfield; room with private bath and radio $2.50/day
(1942)
Hotel Room Majestic Theatre Chelsea, Atlantic City; dine royally in our beautiful
Program diningroom overlooking the ocean; with meals and bath $6.50/day
(1942)
Hotel Room New York Times Hotel Chesterfield; here’s value; room with private bath
(1943) and radio; at Radio City in Times Square; double $3.50–$6/day
Hotel Room New York Times The Senator; Atlantic City; enjoy these famous Senator
(1943) values; a comfortable room and bath, sun decks, sea water
baths, delicious food, just off boardwalk; two to a room $4/day
Hotel Room New York Times Calderwood; guest ranch, Ramapo Mountains; northern
(1943) New Jersey; fine horse, excellent food $35/week
Household Products
Blanket The Saturday Evening Lighter, warmer for beauty sleep; 6’ x 7 1/2’ $5.95
Post
(1941)
Casserole Better Homes and Pyrex; double duty; cover serves as an extra pie plate;
Gardens 1 qt size $0.50
(1940)
Cheese Slicer Better Homes and J. C. Brown Hostess; wire; this sturdy slicer with taut
Gardens cutting wire is a swifty; at your 5¢ and 10¢ $0.10
(1940)
Cookware Better Homes and Wearever Aluminum; 5-piece matched set is planned to
Gardens fit the usual oven $6.40
(1940)
Cookware Sears, Roebuck The kitchen quintuplet 5-purpose cooker $5.19
(1941)
Dinnerware Sears, Roebuck Calais; 32-piece set $4.98
(1941)
Draperies James Bones Glazed chintz $4/yard
Wright Jr.,
Interiors
(1943)
Ice-Cube Tray Cheatham-Greenville $1.50
Hardware Co., Inc.
(1943)
Laundry Tub Chicago Tribune 2-part concrete construction, less fittings $9.85
(1943)
264
THE VALUE OF A DOLLAR Selected Prices, 1940-1944
Jewelry
Engagement Ring Liberty 5-diamond engagement ring, inspired by Lynn
(1944) Gardner, Columbia Recording star $265
Cultured Pearls New York Times Gimbell’s; 46 single-strand necklaces, usually $6.95 $1.98
(1940)
Watch Liberty Gruen Veri-thin Constance watch for women;
(1944) 15 jewel movement $33.75
Watch Chicago Tribune Benrus; your choice ladies or gents 15 jewel watch $24.75
(1943)
Wedding Ring Chicago Tribune Five fine-quality diamonds are set in this neatly
(1943) engraved 18-k solid white or 14-k solid natural gold $9.75
Meals
Dinner Chicago Tribune Tracy’s Restaurant; a fresh shrimp cocktail, some relish,
(1941) then a tender, juicy filet mignon, parsley, new potatoes,
and fresh string beans; a farm style salad of fresh
cucumbers and sour cream; delicious fresh cherry pie;
some hot biscuits and a decanter of coffee $0.95
265
Selected Prices, 1940-1944 THE VALUE OF A DOLLAR
Dinner New York Times Taft Grill; Vincent Lopez and his orchestra; no cover $1.25
(1942) charge
Automobile Langworth and Chrysler Windsor Town and Country; 9-passenger wagon $1,412–$1,685
Robson, [cost in 1941]
Complete Book of
Collectible Cars
(1985)
Automobile Langworth and Dodge Custom Convertible [cost in 1941] $1,162–$1,245
Robson,
Complete Book of
Collectible Cars
(1985)
Automobile Langworth and Nash Ambassador Six; 4-door trunkback sedan $925–$1,130
Robson, [cost in 1941]
Complete Book of
Collectible Cars
(1985)
Automobile Langworth and Packard One Ten Convertible Coupe [cost in 1941] $1,104–$1,375
Robson,
Complete Book of
Collectible Cars
(1985)
Automobile Langworth and Chevrolet Fleetline Aerosedan [cost in 1942] $880
Robson,
Complete Book of
Collectible Cars
(1985)
Automobile Langworth and DeSoto Deluxe; featuring air-foil hidden headlamps $1,010–$1,455
Robson, [cost in 1942]
Complete Book of
Collectible Cars
(1985)
Automobile Langworth and Oldsmobile Custom 98 Convertible [cost in 1942] $1,079–$1,450
Robson,
Complete Book of
Collectible Cars
(1985)
Automobile Langworth and Packard Clipper 180; 4-door sedan $2,099–$2,196
Robson, [cost in 1942]
Complete Book of
Collectible Cars
(1985)
Automobile Langworth and Pontiac Steamliner Chieftan; wood-body wagon $1,030–$1,340
Robson, [cost in 1942]
Complete Book of
Collectible Cars
(1985)
Service Authorized Buick Eugene B. Smith Buick Service Saver Plan; 6 chassis
Service, Eugene B. lubrications, 1 front wheel lubrication $4.25
Smith, Inc.
(1941)
Other
Billfold Life Amity Leather Products Co.; special navy model in
(1942) dress-block cowhide embossed with official coat of arms $2.50
Cemetery Plots New York Times Four-grave family plot; in beautiful Jewish Memorial $100
(1942) Park
Garage Door Chicago Tribune Overhead; stock worn 8’ x 7’ $7.98
(1943)
267
Selected Prices, 1940-1944 THE VALUE OF A DOLLAR
Globe Chicago Tribune Marshall Fields & Co.; follow this global war on a
(1943) 10” globe $2.95
Glue Better Homes and Casco; save the cost of a new kitchen table; make it
Gardens stick with Casco $0.25/tube
(1940)
Greeting Card The Antique Trader Gibson Valentine; with a cellophane-covered candy
Weekly heart glued into the printed one $0.10
(1941)
Greeting Card The Antique Trader Norcross Valentine; with a red diagonal ribbon and bow,
Weekly alongside one printed rose, set off by a plastic dew drop $1.00
(1943)
Haircut New York Times For boys; summer holidays just ahead for your son . . .
(1940) this is the time for him to get a shampoo and haircut in
our barber shop; here he’ll find barbers, expert at his
favorite haircut for camp—side part, crew cut or
pompadour $0.50
Haircut New York Times Beautifully yours; 1942 windswept; the hair cut that’s
(1942) sweeping the country; fresh looking and so easy to keep
it that way; a flick of the comb after a swim and it’s
set again $2.00
Moth Spray Chicago Tribune Enoz; the ideal product to use on rugs, draperies, things
(1943) you leave in the open air $1.29/quart
Mural Kit Life 150’ mural on 3 sides of a barn; by Frank Engebretson
(1942) in South Wayne, Wisconsin $165 including
paint
Open-Air Sunbathing New York Times Grand Central Palace; also supervised exercise, iced-
(1942) alcohol massage, 7 courts for squash and handball,
steam-salt baths; luncheon served daily; trial visit $2.00
Paper Trim Better Homes and Royledge Shelving Paper; many a model house owes its
Gardens kitchen charm to Royledge shelving $0.05/9 feet
(1940)
Parking Majestic Theatre Corvan Garage Theatre; parking; 122 and 124 West
Program 54th Street $0.50/day
(1942)
Shoe Polish Sears, Roebuck Shinola $0.09
(1941)
Soles Sears, Roebuck Rubber; stick-on; three pairs $0.42
(1941)
Stain Remover House and Garden Consolidated Chemical Works Dog-Tex; removes dog
(1942) stains, saves rugs, ends odors $1.25/pt
Tattoo Life Snake design on arm $0.25
(1942)
Upholstering Chicago Tribune Summer bargain sale; sofa or chair $10.50
(1941)
Wallpaper Hanger Jesse W. Miller $0.65/rl
Paper Hanging
(1943)
Real Estate
Apartment New York Times For rent; 3 rooms, modern, attractive, refrigeration $35/month
(1940)
Apartment New York Times For rent; 3 rooms, dinette $75/month
(1940)
Apartment New York Times For rent; off Central Park; 5 rooms; refrigeration,
(1940) combination sink, tub, shower; references required $47/month
Chicken Farm Chicago Tribune 5 1/2 acres; cash $200
(1941)
Farm Suburban Chicago Tribune House, 2 acres, beautiful hilltop estate, paved road,
Estate (1941) interior needs modernization $2,975
Garden Farm Chicago Tribune Black garden soil, on newly paved road; nearly 2 acres,
(1941) electricity; $100 cash, $8 month $545
House New York Times Garden duplex; 5 rooms 2 baths, fireplace; atmosphere $1,900
(1940)
House New York Times Baldwin; 6-room cottage, extra large, spacious rooms,
(1943) stall shower and tub; steam-oil; 2-car garage; bus at $6,950
corner
House New York Times Owner leaving city offers center hall colonial, short walk
(1943) to station, bus line or shopping; 3 large bedrooms,
tile bath and stall shower, fireplace, modern kitchen...
complete insulation $9,000
House New York Times Great Neck; price reduced; entirely redecorated; 4
(1943) bedrooms, 2 baths; maid’s room, bath; sunroom,
recreation room with bar; double garage $16,000
House New York Times Exceptionally well-built brick house, painted white,
(1943) situatedon 3 high acres, water view; walking distance of
beach and bus; gardens, fruit trees, lovely grounds $29,500
House Chicago Tribune 32 minutes to loop; double garage and hen house,
(1943) good condition $1,000
House Chicago Tribune Frame home, sleeping porch, furnace heat, low taxes $7,000
(1943)
House Chicago Tribune Cozy 5-room house on large landscaped lot, garage,
(1943) fruit trees, flowers $3,800
Sports Equipment
Golf Clubs New York Times Walter Hagen Power Groove; set of 5 irons $12.95
(1942)
Golf Shoes New York Times Johnny Farrell; with removable spikes, made on plateau
(1941) last with selected leather uppers and solid, double-
leather outersoles; complete with shoe-horn wrench $4.99
Head Covers New York Times Poplin Golf Club; contrasting colors; heavily padded
(1942) poplin; leather numbers $1.59/3
Reel Sears, Roebuck Top performance; equal quality; the same that costs
(1941) 1.00/3 more elsewhere; nonbacklash x-port $3.79
Shotgun Sullivan Hardware Remington 20/26 Model III; automatic $39.30
Co.
(1940)
270
THE VALUE OF A DOLLAR Selected Prices, 1940-1944
Tobacco Products
Pipe Liberty Sterling Hall by Briarcraft; preferred for smoking quality $3.50
(1944)
Travel & Transportation
Airplane Tickets New York Times 21 flagships daily; only 75 minutes to Boston; go and
(1940) return any time
One way $11.95
Round trip $21.50
Railroad Ticket New York Times New York Central System; New York-Chicago; the
(1940) Pacemaker famous deluxe coach train; round trip $27.25
Railroad Ticket New York Times Montrealer; round-trip fares to Montreal; summer
(1942) excursion; upper berth, 60-day return limit $28.80
271
Miscellany, 1940-1944 THE VALUE OF A DOLLAR
MISCELLANY 1940-1944
Smith Girls Cigarette, Liquor Taxes in 2 Days Yield
The job market opens wide for college gradu- $1,834,386
ates as war reduces manpower. The state treasury netted $1,834,386 from
The employment boom that is sweeping old- Illinois’s new cigarette and liquor taxes in the
sters, youngsters and mothers of families into first two days the new levies were in effect.
jobs left vacant as men go off to war, last spring Finance Director George B. McKibbin reported
invaded the nation’s colleges, precipitated many today.
a young girl graduate into a juicy job for which McKibbin said the cigarette tax, 2 cents on
she once would have had to labor long and hard. each package of 20, accounted for $676,790 of
At Smith College, whereas $1,200 a year was revenue and the doubled liquor taxes yielded
considered a good starting salary in 1941, this $1,157,596. The figures covered tax stamps sold
year’s candidates averaged $1,600 with the prom- by the finance department up to July 3, the taxes
ise of speedy raises after a brief training period. having become operative July 1.
Anita Livingston Willis of Great Neck, Long Stamps sold during the first two days were
Island: She is now employed by Macy’s in New largely to cover current stocks of liquors and cig-
York, is going through a nine-month training arettes on the shelves of retailers and whole-
period. Her starting salary is $30 a week. salers. In the future the stocks will reach retailers
Marian Frances Carpenter of Brooklyn, N. Y.: prestamped by distributors and manufacturers.
Upon graduation, the Office of Price Chicago Tribune, July 8, 1941
Administration in Washington put in a bid for her
services and she went to work there a fortnight
after leaving college. She is in the Research
Section of Copper, Aluminum and Ferro-Alloys,
starting at a yearly salary of $2,000 with a raise to
$2,600 promised soon.
Suzanne Cook Vroom of Worcester, Mass.: The
job which she took in July (was) with the Liberty
Mutual Insurance Co. in Boston. Having first
enrolled in a training class for claims adjusters at
a yearly salary of $1,300 plus a bonus of about
$150, she is now working in the field, investigat-
ing accidents.
Life, September 28, 1942
Colored
Come where better jobs are better pay. Largest
Colored Dept. to serve you—low fees. Loop Hold Furniture Price Hikes to 5%, U.S. Rules
Agency 28 E. Jackson 7th Floor. A ceiling of 5 per cent on price boosts was
Chicago Tribune, April 17, 1943 imposed on the furniture industry yesterday by
governmental price fixers. The limit was
announced as thousands in the industry gathered
in Chicago for the summer home furnishings mar-
ket, which will be held for two weeks at the
American Furniture Mart and the Merchandise
Mart.
272
THE VALUE OF A DOLLAR Miscellany, 1940-1944
MISCELLANY 1940-1944
The price stabilizing order by the Office of The Bureau of Agricultural Economics found
Price Administration and Civilian Supply was that as of March 1, 1943, increases in value over
described as a temporary measure in response to those of the previous year were 20 to 24 per cent
the requests of furniture makers for permission in thirteen states, 15 to 19 per cent in sixteen
to increase wholesale prices. The markups were states, 10 to 14 percent in eleven states and less
made necessary by increasing material and labor than 10 per cent in six states.
costs, manufacturers said. New York Times, July 12, 1943
Chicago Tribune, July 8, 1941
273
Historical Snapshot, 1945-1949 THE VALUE OF A DOLLAR
HISTORICAL SNAPSHOT
1945-1949
1945 1947 Congress passes Anti-
President Franklin Delano Taft-Hartley Act restricts organized Inflationary Act as cost of living
Roosevelt dies in office; Harry labor rises
Truman becomes president New York transit fare doubles to One million homes have television
World War II ends ten cents, the first increase since sets
Penicillin introduced commercially 1904 Nikon camera introduced to com-
Beechcraft Bonanza two-engine B. F. Goodrich Company intro- pete with Leica
private plane introduced duces first tubeless tire Dial Soap introduced as first
U.S. Gross National Product is $211 Ajax cleanser is introduced by deodorant soap
billion, double the GNP of 1928 Colgate-Palmolive-Peet Company Corn production is now 75 percent
Ballpoint pens, costing $12.50 hybrid
U.S. frozen orange juice concen-
each, go on sale trate sales reach 7 million cans, up Gerber Products Company sells 2
Weed killer 2,4-D patented from 4.8 in 1946 million cans and jars of baby food
Rationing of all items except sugar weekly
Reddi-Whip whipped cream in a
ends; shortages continue can introduced The first McDonald’s restaurant is
Frozen orange juice pioneered opened in San Bernadino, CA
Seagram’s 7 Crown becomes the
Tupperware Corporation formed world’s largest selling brand of
whiskey 1949
1946 Raytheon Company introduces
500,000 steel workers strike, gain
first commercial microwave oven pension demands
Strikes idle 4.6 million workers
with a loss of 116 million man- U.S. auto production reaches 5.1
days, worst stoppage since 1919 million
1948 The president’s salary is raised to
Dow Jones Industrials average
peaks at post-1929 high of 212.50 Transistor developed by Bell $100,000 per year
Wage and price controls end on all Telephone Laboratories, permit- Silly Putty introduced at $1 per
areas except rents, sugar, and rice ting miniaturization of electronic ounce
devices such as computers, Sara Lee Cheese Cake introduced
U.S. college enrollments reach all-
radios, and television
time high of more than 2 million Minimum wage raised from 40
360,000 soft-coal workers strike cents to 70 cents per hour
Ektachrome color film introduced
demanding $100 per month in
by Kodak Company CBS introduces long-playing vinyl
retirement benefits at age 62
Tide introduced; by 1949 one in four phonograph record
wash detergent consumers will use it
Timex watches introduced at $6.95
and up
Hunt Foods establishes “price at
time of shipment” contracts with
customers
U.S. birthrate soars to 3.4 million,
up from 2.9 million in previous
year
274
THE VALUE OF A DOLLAR Selected Income, 1945-1949
276
THE VALUE OF A DOLLAR Consumer Expenditures, 1945-1949
277
Investments, 1945-1949 THE VALUE OF A DOLLAR
INVESTMENTS 1945-1949
Investment 1945 1946 1947 1948 1949
Basic Yield, One-year Corporate Bonds 1.02 .86 1.05 1.60 1.60
Short-term Interest Rates, 4–6 Months,
Prime Commercial Paper .75 .81 1.03 1.44 1.49
Basic Yield, Common Stocks, Total 1.02 .86 1.05 1.60 1.60
Index of Common Stocks (1941⫺1943⫽10) 102 104.8 103.8 100.8 102.7
COMMON STOCKS, CLOSING PRICE AND DIVIDEND, FIRST BUSINESS DAY OF YEAR
(Parenthetical number is annual dividend in dollars)
Allis Chalmers 38 1/2 53 3/4 36 7/8 39 1/2 36
(1.65) (1.75) (1.60) (1.60) (1.60)
AT&T 163 1/4 190 1/4 171 1/8 152 149 7/8
(9) (9) (9) (9) (9)
American Tobacco 65 89 1/4 81 68 1/2 61 1/4
(3.25) (3.25) (3.25) (3.50) (3.75)
Anaconda 30 44 39 7/8 34 1/8 33 3/8
(2.50) (2.50) (2.50) (3) (3.50)
B&O 12 1/4 25 3/8 21 3/4 13 1/8 10
(/) (/) (/) (/) (/)
Bethlehem Steel 65 7/8 95 5/8 91 3/4 103 3/8 31 5/8
(6) (6) (6) (6) (2.40)
Corn Products 58 1/2 67 1/4 73 3/4 64 57 3/4
(2.60) (2.60) (2.70) (3.15) (3.60)
General Electric 39 3/8 35 1/2 35 7/8 38 7/8 42 3/8
(1.40) (1.60) (1.60) (1.60) (1.80)
General Motors 63 7/8 75 54 58 57 3/4
(3) (3) (3.25) (3) (4.50)
International Business Machines 185 247 7/8 NR 240 154 1/4
(5% stock dividend, 1/29/45) (6) (6) (6) (4)
(5 shares for 4 split, 1/26/46)
(1 3/4 shares for 1 split, 2/6/48)
(5% stock dividend, 1/28/49)
Intl Harvester 80 94 3/4 71 3/4 89 1/4 25 1/2
(3) (3) (3) (5) (1.35)
National Biscuit 23 7/8 32 1/2 28 30 1/2 30 1/2
(1.20) (1.20) (1.20) (2) (2)
US Steel 60 1/2 81 71 5/8 77 5/8 69 1/4
(7) (4) (7) (5.00) (5.00)
Western Union 45 3/8 51 3/8 19 1/4 20 1/2 15 1/8
(2) (2) (/) (/) (1.00)
278
THE VALUE OF A DOLLAR Standard Jobs, 1945-1949
Average of All Industries, excl. farm labor $2424/yr $2529/yr $2657/yr $2999/yr $3075/yr
Average of All Industries, inc. farm labor $2364/yr $2473/yr $2602/yr $2933/yr $3000/yr
Bituminous Coal Mining $2629/yr $2724/yr $3212/yr $3388/yr $2922/yr
Building Trades $2600/yr $2537/yr $2829/yr $3125/yr $3229/yr
Domestics $1312/yr $1411/yr $1463/yr $1500/yr $1498/yr
Farm Labor $1307/yr $1394/yr $1479/yr $1541/yr $1501/yr
Federal Civilian $2646/yr $2904/yr $3180/yr $3256/yr $3481/yr
Federal Employees, Executive Depts. $2057/yr $2490/yr $2843/yr $2949/yr $2995/yr
Federal Military $1931/yr $2279/yr $2556/yr $2676/yr $2599/yr
Finance, Insurance, & Real Estate $2347/yr $2570/yr $2740/yr $2954/yr $3034/yr
Gas & Electricity Workers $2596/yr $2697/yr $2994/yr $3223/yr $3383/yr
Manufacturing, Durable Goods $2732/yr $2615/yr $2883/yr $3163/yr $3240/yr
Manufacturing, Nondurable Goods $2211/yr $2404/yr $2683/yr $2892/yr $2961/yr
Medical/Health Services Workers $1401/yr $1605/yr $1821/yr $1918/yr $1995/yr
Miscellaneous Manufacturing $2401/yr $2442/yr $2657/yr $2808/yr $2856/yr
Motion Picture Services $2567/yr $2978/yr $3031/yr $2964/yr $3028/yr
Nonprofit Org. Workers $1876/yr $2070/yr $2172/yr $2334/yr $2465/yr
Passenger Transportation Workers, $2596/yr $2886/yr $3020/yr $3101/yr $3164/yr
Local and Highway
Personal Services $1725/yr $1881/yr $2011/yr $2120/yr $2189/yr
Public School Teachers $1822/yr $2025/yr $2261/yr $2538/yr $2671/yr
Radio Broadcasting & Television Workers $3515/yr $3972/yr $4073/yr $4234/yr $4380/yr
Railroads $2711/yr $3055/yr $3216/yr $3611/yr $3706/yr
State and Local Govt. Workers $1938/yr $2093/yr $2300/yr $2593/yr $2670/yr
Telephone & Telegraph Workers $2246/yr $2413/yr $2583/yr $2776/yr $2920/yr
Wholesale and Retail Trade Workers $2114/yr $2378/yr $2632/yr $2832/yr $2899/yr
279
Food Basket, 1945-1949 THE VALUE OF A DOLLAR
Apples, Fresh, per pound 1945 12.60¢ 11.80¢ 13.70¢ 13.30¢ 12.80
1946 13.70¢ 13.10¢ 13.20¢ 14.20¢ 14.20¢
1947 13.10¢ 12.90¢ 13.20¢ 13.50¢ 13.50¢
1948 12.90¢ 12.50¢ 12¢ 12.80¢ 13.20¢
1949 13.60¢ 13.20¢ 13.20¢ 14.20¢ 13.80¢
Beans, Navy, per pound 1945 12.90¢ 10.40¢ 11.60¢ 10.50¢ 12.50¢
1946 14.60¢ NR 13.70¢ 12.70¢ 17.20¢
1947 22.40¢ 20.10¢ 20.20¢ 18.10¢ 25¢
1948 23.40¢ 20.30¢ 20¢ 19.50¢ 24.60¢
1949 18.50¢ 15¢ 16.30¢ 16¢ 18¢
Beef, Rib Roasts, per pound 1945 32.80¢ 31.50¢ 32.60¢ 32.80¢ 33.30¢
1946 NR 41.20¢ 44.20¢ 41.10¢ 45¢
1947 67.30¢ 61.30¢ 62.60¢ 61.20¢ 63.30¢
1948 76.70¢ 73¢ 74.30¢ 71.40¢ 76.20¢
1949 69.50¢ 66.50¢ 68.60¢ 63.70¢ 74.70¢
Beef, Steaks (Round), per pound 1945 41.90¢ 39.70¢ 39.10¢ 39.10¢ 41.20¢
1946 54.70¢ 51¢ 50.80¢ 48.60¢ 52.40¢
1947 80.90¢ 76.20¢ 73.70¢ 71.30¢ 70.90
1948 96.20¢ 89.20¢ 88.70¢ 84.80¢ 85.40¢
1949 88.80¢ 84.30¢ 83.50¢ 75.70¢ 82¢
Bread, White, per pound 1945 9.40¢ 9.70¢ 7.70¢ 8.60¢ 8.50¢
1946 11.20¢ 10.90¢ 9.70¢ 10.10¢ 10.40¢
1947 13.80¢ 13¢ 12¢ 12.10¢ 13¢
1948 14.90¢ 13.90¢ 12¢ 13.10¢ 14.40¢
1949 14.90¢ 13.80¢ 13¢ 13.30¢ 14.40¢
Butter, per pound 1945 50.80¢ 50.50¢ 50.90¢ 51.10¢ 52.10¢
1946 72.60¢ 72¢ 70¢ 71¢ 72.80¢
1947 81.30¢ 85.50¢ 79.30¢ 80.10¢ 82.90¢
1948 88.40¢ 92.30¢ 84.30¢ 85.90¢ 89.90¢
1949 73.40¢ 78¢ 70.30¢ 73.70¢ 72.70¢
Cheese, per pound 1945 33.40¢ 33.60¢ 36.10¢ 40.70¢ 36.10¢
1946 NR 48.50¢ 47.90¢ NR 70¢
1947 64¢ 55.40¢ 57.10¢ 57.10¢ 65.70¢
1948 70.80¢ 62.30¢ 64.40¢ NR 70¢
1949 NR NR NR NR NR
Chickens, per pound 1945 46.90¢ 40.70¢ 47.20¢ 41.30¢ 47.90¢
1946 53.20¢ 54.10¢ 50.60¢ 49.60¢ 54.10¢
1947 55¢ 58¢ 52.50¢ NR NR
1948 61¢ 62.30¢ 58.30¢ 51.10¢ 63.30¢
1949 NR NR NR NR NR
Coffee, per pound 1945 30.80¢ 31.10¢ 31.20¢ 34.80¢ 29.70¢
1946 35.40¢ 35.70¢ 33.30¢ 37.80¢ 35.50¢
1947 47.30¢ 47.70¢ 44.90¢ 49.30¢ 47.40¢
1948 51.50¢ 52.70¢ 49.70¢ 54.90¢ 53¢
1949 55.30¢ 53.70¢ 52.90¢ 58.30¢ 58¢
Cornmeal, per pound 1945 7.10¢ 5.70¢ 6.60¢ 6.80¢ 8.60¢
1946 7.70¢ 6.60¢ 7.40¢ 7.80¢ 9.40¢
1947 10.20¢ 7.80¢ 10.40¢ 10.60¢ 11.30¢
1948 12¢ 7.60¢ 12¢ 11.80¢ 12.40¢
1949 11¢ 6.70¢ 10.70¢ 10.20¢ 10.80¢
Eggs, per dozen 1945 59.50¢ 56.60¢ 58.10¢ 58.80¢ 59.90¢
1946 62.90¢ 56.10¢ 57.10¢ 57.90¢ 62.40¢
1947 76.20¢ 65.70¢ 66.30¢ 66.60¢ 75.50¢
1948 79.80¢ 66¢ 67.40¢ 68.50¢ 75.60¢
1949 77¢ 65.40¢ 66.50¢ 68¢ 71.20¢
280
THE VALUE OF A DOLLAR Food Basket, 1945-1949
Flour, Wheat, per pound 1945 6.61¢ 6.86¢ 6.18¢ 5.55¢ 6.69¢
1946 7.40¢ 7.46¢ 6.66¢ 6.38¢ 7.38¢
1947 9.56¢ 10.40¢ 9.44¢ 8.94¢ 9.82¢
1948 9.70¢ 10.60¢ 9.42¢ 8.50¢ 10.30¢
1949 9.44¢ 10.22¢ 9.26¢ 8.18¢ 9.84¢
Lard, per pound 1945 18.30¢ 18.70¢ 19¢ 19.10¢ 19.80¢
1946 NR 26¢ 25.20¢ 25.90¢ 27.90¢
1947 32.60¢ 31.60¢ 30.50¢ 30.70¢ 33.50¢
1948 30.90¢ 28.80¢ 28.40¢ 29.40¢ 31.90¢
1949 20.40¢ 18.40¢ 18.30¢ 18.80¢ 21¢
Milk, Fresh, per quart 1945 17.20¢ 17¢ 17.50¢ 13.60¢ 14.50¢
1946 19.50¢ 18.80¢ 18.60¢ 15.50¢ 16.20¢
1947 21.20¢ 22¢ 20.10¢ 18.20¢ 18.30¢
1948 24.20¢ 22.30¢ 22.20¢ 19.60¢ 20¢
1949 23.30¢ 22¢ 20.60¢ 20.40¢ 19.90¢
Molasses, per 18 oz. Can 1945 16.40¢ 14.60¢ 16.60¢ 14¢ 15.80¢
1946 21.20¢ 19.50¢ 20.80¢ 19.30¢ 20.30¢
1947 15.70¢ 14.90¢ 15.80¢ 13.30¢ 12.90¢
1948 NR NR NR NR NR
1949 NR NR NR NR NR
Mutton and Lamb, Leg, per pound 1945 40.30¢ 37.60¢ 38.20¢ 37.80¢ 40.50¢
1946 49.50¢ 48.10¢ 47.30¢ 45.50¢ 49.60¢
1947 62.50¢ 72.50¢ 63.10¢ 62.20¢ 65.60¢
1948 70.50¢ 80.20¢ 69.20¢ 69.30¢ 70.70¢
1949 69.80¢ 83¢ 72.80¢ 71.50¢ 71.20¢
Pork, Chops, per pound 1945 37.40¢ 37.80¢ 36.50¢ 38¢ 38.60¢
1946 49.90¢ 47.90¢ 47.20¢ 48.10¢ 52.80¢
1947 72.80¢ 69.10¢ 71.20¢ 70.80¢ 81¢
1948 79¢ 70.70¢ 77.80¢ 72.70¢ 87.20¢
1949 76.60¢ 67.50¢ 75¢ 69.50¢ 82.40¢
Pork, Bacon, Sliced, per pound 1945 41¢ 40.80¢ 40.90¢ 43¢ 42.60¢
1946 53.60¢ 53.20¢ 51.50¢ 54.90¢ 57.10¢
1947 80.20¢ 76.90¢ 76.50¢ 81.60¢ 82.80¢
1948 80.10¢ 77.70¢ 76.60¢ 80¢ 81.60¢
1949 69.60¢ 66.90¢ 66.90¢ 68.40¢ 70.30¢
Pork, Ham, Sliced, and Whole, per pound 1945 47.30¢ 50¢ 49.70¢ 50.80¢ 53.50¢
1946 NR NR NR 64.20¢ NR
1947 68.80¢ 67.10¢ 64.70¢ 64.70¢ 71.90¢
1948 70.40¢ 66.80¢ 65¢ 63.40¢ 70.10¢
1949 65.10¢ 62.30¢ 61.10¢ 58.40¢ 64.60¢
Pork, Salt, per pound 1945 23.70¢ 22.40¢ 22.40¢ 22.50¢ 23.40¢
1946 NR 33.10¢ 33.20¢ 33¢ NR
1947 NR 45.50¢ 47.50¢ 46¢ 51¢
1948 NR 42.40¢ 48.20¢ 45.20¢ 50.20¢
1949 NR 35.20¢ 40.20¢ 34.60¢ 39.50¢
Potatoes, Irish, per 15 pounds 1945 71.60¢ 70.90¢ 78.20¢ 64.30¢ 70.30¢
1946 72.50¢ 70.80¢ 75¢ 63.30¢ 77.10¢
1947 76.60¢ 75.80¢ 84.50¢ 71.50¢ 77.40¢
1948 80.40¢ 84.20¢ $1.00 81.90¢ 90.20¢
1949 82.30¢ 86.50¢ 93.50¢ 77¢ 81.20¢
Prunes, Dried, per pound 1945 16.90¢ 16.20¢ 18.60¢ 17.90¢ 18.50¢
1946 19.50¢ 18.50¢ 19.20¢ NR 19.40¢
1947 NR 25.10¢ NR NR NR
1948 21.50¢ 22.20¢ 21.50¢ NR 19.80¢
1949 23.90¢ 24.60¢ 23.60¢ NR 20.80¢
Rice, per pound 1945 13.60¢ 12¢ 13¢ 12¢ 13.40¢
1946 14.50¢ 12.50¢ 13.10¢ NR 14.10¢
1947 18.90¢ 16.40¢ 17.60¢ NR 18.90¢
1948 21.30¢ 20.60¢ 20.40¢ 21.60¢ 22.20¢
1949 18.30¢ 17.80¢ 18.50¢ 18.20¢ 20.30¢
281
Food Basket, 1945-1949 THE VALUE OF A DOLLAR
282
THE VALUE OF A DOLLAR Selected Prices, 1945-1949
Alcohol
Gin Chicago Tribune Dixie Belle $3.12/fifth
(1946)
Liqueur Chicago Tribune Southern Host; fine 100-proof liqueur $4.98/fifth
(1946)
Rye Chicago Tribune Mount Vernon $3.61/fifth
(1946)
Whiskey Chicago Tribune Old Sunny Brook; the whiskey that’s cheerful $3.98/fifth
(1949) as its name
Apparel, Children’s
Cowboy Boots Sears, Roebuck Double-tan cowhide $6.98
(1946)
Dress Sears, Roebuck Honeysuckle; for the kindergarten crowd; all have $1.80
(1946) 3” hems, tie sashes
Playsuit Sears, Roebuck Checked all-in-one in washable cotton percale $1.49
(1949)
Shorts Sears, Roebuck Clam-digger shorts in Sanforized cotton poplin $1.39
(1949)
Socks Sears, Roebuck Boyville; gaily striped rib-top crew socks $0.35
(1949)
Sunsuit Sears, Roebuck Cool, summer sun clothes $0.89
(1949)
Apparel, Men’s
Boxer Shorts Sears, Roebuck Good quality; regular style with grippers or $0.65
(1946) boxer model
Hat New York Times Pre-shaped Lee $10.00
(1946)
Hat Chicago Tribune Homburg Distinction by Stetson $12.50
(1949)
Neckwear New York Times All silk crepe; colorful geometric, floral and all-over
(1946) patterns $3.50
Pants Sears, Roebuck Stockman-style pants $4.59
(1949)
Shirt Saturday Evening Lion of Troy; dress; bold collar; wide and $5.50
Post handsome with stitching a full 1/2” from the edge
(1948)
Shirt Life TruVal; TruVal is able to give you more value per $2.95
(1949) dollar than any other shirt on earth
Shirt Sears, Roebuck Washable; Sanforized cotton broadcloth; $2.59
(1949) sport-type collar
Shoes Sears, Roebuck Gold-bond tractor tread $7.35
(1949)
Shoes New York Times The Freeman shoe; durable soles; strain relieving
(1946) cradle heels $10.95
Shorts Chicago Tribune Goldblatts; 100% nylon; boxer style $1.94
(1949)
Socks Saturday Evening Sarfert; now in the new light California weight $1.50
Post for spring and summer wear; slack length
(1948)
Suit Chicago Tribune Illinois Clothing Manufacturing; the largest $27.00
(1946) selection in Chicago
283
Selected Prices, 1945-1949 THE VALUE OF A DOLLAR
Suits New York Times Imported and domestic fabrics; many patterns,
(1948) colours and textures; single and double-breasted $85.00 to $125
Suspenders New York Times Elastic; in stripes or solids $2.50
(1946)
Sweaters New York Times Washable; virgin wool; pullover $5.98
(1948)
Tie Fortune Hickey-Freeman; silk; knitted; in styles that are $3.50
(1949) not too wide or heavy
Topcoat New York Times California weight; 2/3 camel hair; 1/3 Australia wool $110
(1946)
Underwear Life KOPS Bros. Inc.; a pantie-girdle with the $5.95
(1949) detachable miracle crotch that custom-fits
Apparel, Women’s
Belt Woman’s Home Calderon; leather $4.00
Companion
(1949)
Blouse Greenville News Ivey’s Jane Holly; of luscious soft crepe $4.95
(Greenville, SC)
(1949)
Blousette Sears, Roebuck Kerrybrooke; Sears brings you that new style $2.69
(1946) sensation; covers you completely, can be worn
without a jacket
Chemise Frederick’s of Frederick’s Gay Paree; shorter, barer, sexier than $5.98
Hollywood a slip
(1947)
Dress Greenville News Ruth Rowland; half size; all the bright colors and $22.95
(Greenville, SC) black; 14 1/2 to 20 1/2
(1949)
Girdle Woman’s Home Bestform; no finer fit at any price $7.50
Companion
(1948)
Girdle Life Bestform; to minimize your waist-line, featuring $6.95
(1949) swing-back elastic band for a flat midriff
Gloves Sears, Roebuck 4-button-length slip-ons for all occasion wear; $4.50
(1946) fine imported skins
Gloves Life Kayser Afternoon; dressmaker detailed, sueded $2.10
(1949) double-woven cotton
Gloves Woman’s Home Andre’s David; elbow length doeskin $18.00
Companion
(1949)
Handkerchiefs Greenville Piedmont Ivey’s; initialed; sheer handkerchiefs of fine $0.59
(Greenville, SC) batiste in time for Mother’s Day
(1945)
Mink Coat Chicago Tribune Wild; over 50 masterpieces on display, all made in $1,650
(1946) our factory and priced at savings to 35%
Nightgown Woman’s Home Jonely; Sanforized simtex flanlet $5.00
Companion
(1949)
Panties Frederick’s of Frederick’s Bare Illusion; to wear under your $1.98
Hollywood prettiest things when you want to feel extra alluring
(1947) and just a little naughty, too
Panty Girdle Life Jantzen Foundations; empire tops to make the ribs $8.95
(1949) flat as a pancake
Purse Sears, Roebuck Kerrybrooke; practical plastics; lightweight, easily $4.69
(1946) kept fresh, every new type: embossed, plastic cord
Purse Woman’s Home Ronay; smooth calf satchel with brass handles $11.00
Companion
(1949)
284
THE VALUE OF A DOLLAR Selected Prices, 1945-1949
Rainwear Life Magazine The Alligator Co.; waterproof fabrics in a variety $10.75
(1949) of styles
Scarf Woman’s Home Strauss & Mueller; satin with mink $3.50
Companion
(1949)
Shoes Greenville News Ivey’s Softies by Deb; in black and brown suede $8.95
(Greenville, SC) with tooled trim
(1949)
Slip Woman’s Home Mary Barron; nylon satin trimmed at top and hem $6.00
Companion with Alencon type lace
(1948)
Slip Greenville News Miss Swank; crepe in white and pink tailored and $3.95
(Greenville, SC) lace trimmed
(1949)
Stockings Chicago Tribune Boulevard by Belle Sharmeer; a new deep, deep $1.95
(1949) brown nylon shade
Appliances
Carpet Sweeper New York Times Electric; can be guided over floors; under furniture;
(1948) into corners; rubber bumpers $19.95
Coffee Robot New York Times Farberware; automatically boils water; stirs brew;
(1948) keeps coffee for hours without change of flavor $26.95
Dampness Guard EveryWomen’s Dri-Air chemical absorbs dampness in basements, $5.50
Magazine game rooms, store room; kills musty odors
(1945)
Electric Floor Woman’s Home Johnson’s; bring out the beauty of the home $44.50
Polisher Companion
(1948)
Electric Knife New York Times Keeps knives as keen-edged as the day they were
Sharpener (1948) bought $11.95
Hairdryer New York Times Handy-Hanna Electric Hairdryer; can be held
(1948) or placed on table stand $9.95
Humidifier Better Homes and Fresh’nd-Aire; guard your family’s health; protect $59.50
Gardens your possessions
(1948)
Roaster Woman’s Home Westinghouse; automatic electric roaster; cooks $40.00
Companion whole meal for eight people
(1949)
Television New York Times Philco eye-level television consolette; can sit
(1948) in favorite chair and watch $349.50
Washer Greenville News Kenmore A; deluxe model at a standard model $119.95
(Greenville, SC) price, $5 down, $7 a month
1949)
Baby Products
Baby Swing Sears, Roebuck Steel-frame baby swing $1.85
(1946)
Car Seat Sears, Roebuck Handy baby seat for auto; you can drive $1.98
(1946) undisturbed without worrying about baby
Crib Exerciser Sears, Roebuck Novel; gym crib exerciser amuses baby by the $1.89
(1949) hour, strengthens young muscles
Nursers Better Homes and Evenflo; breathes as it feeds; includes nipple, $0.25
Gardens bottle, cap
(1948)
Playpen Sears, Roebuck Sturdy indoor or outdoor playpen; easy to fold $11.98
(1946)
Play Table and Sears, Roebuck Thousands of mothers have found it an $7.83
High Chair (1946) indispensable aid in caring for their babies
285
Selected Prices, 1945-1949 THE VALUE OF A DOLLAR
Rattling Toy Set Sears, Roebuck Ideal for bath time; for play in crib or pen; 4-piece $0.98
(1949)
Shoes Sears, Roebuck Biltwell; start baby right with supple-leather $1.79
(1946) Biltwell shoes
Business Equipment & Supplies
Adding Machine Fortune Revolutionary Plus; economical little key-drive $120
(1949) machine to handle the addition
Chrome Furniture New York Times Chrome furniture for your showroom and reception
(1946) room; sales and display room; lobbies, etc.; settee;
no sag spring seat; durable leatherette; all colors $45.00
Display Table New York Times All steel; shelf can be raised or lowered; work table,
(1946) packing table or counter; 6 feet long $54.50
Steel Trailers New York Times Heavy duty; one piece; 4,000-pound capacity $68.50
(1946)
Collectibles
Baskets Antiques Worcester; circa 1770; a pair of exquisite blue and $225
(1945) white china baskets, complete with pierced covers
Book Parke-Bernet 1592 printing of Pierece Penilefse His Supplication $2,100
Galleries to the Diuell, by Thomas Nash; first edition, one of
(1946) three known perfect copies
Book Parke-Bernet 1616 printing of The Rape of Lucrece, by William $3,700
Galleries Shakespeare; one of five known copies; sixth edition
(1946) and the first to bear Shakespeare’s name
Book Parke-Bernet 1653 printing of The Compleat Angler or the $400
Galleries Contemplative Man’s Recreation, by Isaak Walton;
(1946) being a discourse of fish and fishing, not unworthy of
the perusal of most anglers
Book Parke-Bernet 1608 printing of the second quarto of King Lear, $4,400
Galleries by William Shakespeare
(1946)
Bookcase Desk Antiques Chippendale mahogany; kneehole; height 6’ 6 1/2” $565
(1945) circa 1760 unusual feetwork top and mullions
Buttons Antiques Francis Bannerman Son; British military; $0.25
(1945) Royal Marines light infantry
China Antiques Olde Lamps Haviland; scattered roses, 100 pieces, $250
(1945) 12-piece setting
Clock Antiques English grandfather clock; Emanuel Hopperton, $375
(1948) Leeds; mahogany case, brass works, inlay carving
Commode Antiques Antique; French inlaid; breakfront; 18th century $325
(1945) with two drawers, brass ormolu mounts
Coverlet Antiques Antique; woven; 82” x 80”; has “North Lima Ohio $60.00
(1948) 1852” in all corners
Desk Antiques American; small size; walnut; circa 1750 fine $975
(1945) serpentine step-up inlaid interior
Figurine Antiques Meissen; porcelain parrot in brilliant green 11” $250
(1948) high plumage perched on rocky base; period 1790
Mirror Antiques The Stuyvestant Shop, Trenton, NJ; American hand $185
(1945) carved; circa 1918; carved from one block of brown
mahogany 19 3/4” x 29”
Pin Antiques Old-Mine Diamond; spray; Louis-Philippe period $1,850
(1945)
Sideboard Antiques Circa 1810 mahogany sideboard with five inlays $595
(1945) 62” wide, 46” high
Entertainment
Airplane Flight Airports of Dixie Aviation; passenger flight over Columbia,
Columbia Photograph South Carolina $1.50/person
(1946)
286
THE VALUE OF A DOLLAR Selected Prices, 1945-1949
Movie Ticket Chicago Tribune Obsession; Basil Rathbone, Eugene Leontovich $1.20–$3.00
(1946) evenings
Movie Ticket Chicago Tribune Hamlet; Academy Award winner; Laurence
(1949) Olivier; evenings and all day Sunday, all seats $1.00
Tour Fortune Jungle Garden; Avery Island, Louisiana; 200-acre jungle $0.25
(1949) garden with its 1,700 varieties of iris, 30,000
zaleas, flame-colored daisies from Africa
Entertainment, Home
Board Game Sears, Roebuck Ouija; mystifying oracle $1.59
(1946)
Camera Atlanta Constitution Falcon Magni Vue $9.95
(1947)
Changer Chicago Tribune Wurlizter RCA Victor 45; this changer brings $12.95
(1949) into your home the amazing 45-rpm system, the new
wonder of the world of music
Chinese Checkers Sears, Roebuck Young and old will like to play this ever
(1946) popular game
Clock Radio Life General Electric Model 65; wakes you to $36.95
(1949) music–gently without shock; stunning ivory plastic
Playing Cards Greenville News Canasta; double deck with rules $1.59
(Greenville, SC)
(1949)
Radio Sears, Roebuck Silvertone Commentator; self-contained loop $11.75
(1946) aerial, automatic control maintains uniform volume;
walnut color plastic case
Radio Saturday Evening Hallicrafters Model S-28; four bands bring you thrilling,
Post land, sea, air communications from all parts of the $47.50
(1948) world; perfect for den, library, or office
Radio Phonograph Saturday Evening Spartan FM; includes handsome modern design cabinet $199.95
Post
(1948)
Radio Phonograph Chicago Tribune Packard-Bell Portable; home recorder $99.95
(1949)
Record Music Educators Carl Fischer; J. M. Coopersmith’s Handel’s $1.25
Journal Messiah; an uncut presentation by the Oratorio
(1947) Society of New York; vocal score
Record Player Chicago Tribune RCA Victor; this compact attachment plugs into $12.95
(1949) your radio and acts silently with trigger-action speed
Television Chicago Tribune General Electric; see all the action clearly on this $189.95
(1949) 12-channel with big 61-square-inch screen
Television Chicago Tribune Emerson AM-FM, auto-phono; 10”; formerly $495 $295
(1949)
Food Products
Baby Food Chicago Tribune Clapp’s; strained $0.59
(1949)
Bacon Asheville Citizens Available at Purity Market, Asheville, North Carolina $0.59/pound
Times
(Asheville, NC)
(1948)
287
Selected Prices, 1945-1949 THE VALUE OF A DOLLAR
Boiled Ham Asheville Citizens Available at Purity Market, Asheville, North Carolina $0.49/hf pound
Times
(Asheville, NC)
(1948)
Cereal Chicago Tribune American Family Flakes; large package $0.27
(1949)
Cereal Chicago Tribune Nabisco Honey Grahams; large package $0.27
(1949)
Hot Sauce Woman’s Home Frank’s; it perks up your taste buds; 3 full oz $0.10
Companion
(1948)
Ice Cream Greenville News Sealtest Butterscotch Eclairs; an out-of-this-world $0.59
(Greenville, SC) dessert treat; box of 4
(1949)
Pears Fortune Royal Riviera; the business man’s favorite gift for $2.95
(1949) customers, associates, employees; gift box of 10 to
14 pears
Shrimp Fortune $16/case
(1949)
Soda Pop Greenville Piedmont Pepsi-Cola; tops for quality $0.05
(Greenville, SC)
(1945)
T-Bone Steak Asheville Citizens Available at Purity Market, Asheville, North Carolina $0.59/pound
Times
(Asheville, NC)
(1948)
Furniture
Bedroom Suite Sears, Roebuck Genuine-walnut veneer, bed, chest, dresser $89.95
(1949)
Box Springs Sears, Roebuck Harmony House; box springs for better sleep, $21.98
(1946) more comfort
Cabinet Better Homes Fed-Oir; by day a couch, at night you slide the bed out $170
and Gardens
(1948)
Cupboard Richmond Times Craftique Hepplewhite; copied to the last detail $179.50
Dispatch out of the same age-old solid mahogany
(1949)
Dinette Set Sears, Roebuck 5-pc. modern dinette set; 4-legged table, 4 chairs; $89.95
(1949) shining limed oak and chrome
Glider Richmond Times Troy; 2-cushion; make your garden your outdoor $59.50
Dispatch living room
(1949)
Hassock Sears, Roebuck Beauty plus utility best describes this carefully $7.65
(1946) tailored hassock; covered with our finest heavy
moleskin-type artificial leather
Lamp Richmond Times Solid brass; 16” opaque drum shade in maroon or $12.95
Dispatch green 28” tall
(1949)
Lamp Table Better Homes Ruper Lee; solid cherry; has authentic rose and oak $23.45
and Gardens leaf hand-carved pulls; height 25”; top 18” x 14”
(1948)
Mirror Better Homes Full length; one of the greatest conveniences the $14.90
and Gardens well groomed woman can have
(1948)
Record Cabinet Sears, Roebuck Protect your records in these beautiful cabinets $13.50
(1946)
Sofa Bed Greenville News Duran-plastic; makes into a comfortable bed for $79.88
(Greenville, SC) two in a jiffy
(1949)
288
THE VALUE OF A DOLLAR Selected Prices, 1945-1949
Steel Cabinet Sears, Roebuck Homart 3-piece ensemble of matching base units $179.50
Ensembles (1949) in two sizes
Table The American Home Samson; folding; famous for strength, for comfort, $12.95
(1948) for wear
Hotel Rates
Hotel Room New York Times The Dorset, Miami Beach; double room $12.00 and up
(1946)
Hotel Room New York Times Croydon Arms, Miami Beach $16.00
(1946)
Hotel Room Richmond Times Hotel Richmond; overlooking Capitol Square; 300 rooms $3.75/day
Dispatch
(1949)
Household Goods
Alarm Clock Life Gleaming ivory baked enamel case; one key $4.50
(1949) winds both time and alarm
Auto Vents Better Homes Maid-O-Mist; for comfort, humidify; put low cost $5.00
and Gardens auto-vents on your steam radiators
(1948)
289
Selected Prices, 1945-1949 THE VALUE OF A DOLLAR
Bedspread Greenville News Baby Chenille; full or twin sizes, 8 colors; every $3.99
(Greenville, SC) spread in this special group is worth five precious
(1949) dollars
China Greenville News Wedgwood Woodstock; Bone china; 20-piece starter set $75.60
(Greenville, SC)
(1949)
Clog Remover Woman’s Home Drano; opens clogged drains—keeps them running free $0.25
Companion
(1948)
Coffee Maker Woman’s Home Automatic; electric; shifts to low heat when $29.00
Companion coffee is done
(1949)
Dormitory Trunk Sears, Roebuck J. C. Higgins; 33” x 18 1/2” x 20 1/2” $20.34
(1949)
Electric Broom Woman’s Home Regina Electrikbroom; the new revolutionary $44.95
Companion vacuum cleaner
(1948)
Electric Liquidizer Woman’s Home Prepares drinks, salad dressing, soups, children’s foods $35.00
Companion
(1949)
Electric Painter Saturday Evening Lowell Thoro-spray; the modern answer to home $34.95
Post decorating
(1948)
Faucet Better Homes Faucet Queen; a flick of the finger and you have $0.39
and Gardens spray or stream
(1948)
Flatware Woman’s Home Gorham; sterling; to love and to cherish; per place $23.00
Companion setting
(1948)
Flatware Greenville News Gorham Chantilly; sterling silver; prices are for $25.50
(Greenville, SC) 6 piece place settings
(1949)
Food Chopper Sears, Roebuck New double action, new streamlined design, $2.98
(1946) new chopping efficiency
Glasses Better Homes Libby; decorated with a band of white satin-etched $4.00
and Gardens leaves; set includes four 12-oz water tumblers; four
(1948) 6-oz juice glasses; and four 6-oz sherbets
Goblets Woman’s Home Tudor; fine handblown lead cut crystal $30/dozen
Companion
(1949)
Hammer Sears, Roebuck Craftsman; for the man who wants only the best; 16 oz $1.39
(1946)
Humidifier Better Homes Magi-tray; for storing foods which do not require $2.50
and Gardens refrigeration; 10” x 6” x 4 1/2”
(1948)
Lamp Bulb Life General Electric; 60-watt bulbs; there’s a right-size $0.12
(1949) lamp to fill the bill
Mattress Life Craftmaster’s Gold Label; hundreds of famous $54.50
(1949) inner-springs buried in soft cotton; 15-year guarantee
Mattress and Box Woman’s Home Serta Perfect Sleeper; you sleep on it, not in it $49.50
Springs Companion
(1948)
Mirror Sears, Roebuck Harmony House; full-length; hang a full-length $5.31
(1946) mirror on your bedroom, hall or closet door; see
yourself as others see you—tip to toe
Mothproofer Woman’s Home Larvex; penetrates each tiny woolen fibre and $1.19/quart
Companion makes the cloth itself mothproof for a whole year
(1948)
290
THE VALUE OF A DOLLAR Selected Prices, 1945-1949
Jewelry
Cuff Links Fortune Jaccard; matching; initialed; 14K natural gold $47.50
(1949) masterfully engraved
Pendant Woman’s Home Eisenberg; rhinestone; on velvet band $7.50
Companion
(1949)
Watch Life Lord Elgin DeLuxe; men’s; the DuraPower $47.50
(1949) mainspring eliminates 99% of watch repairs due to
steel mainspring failures
Watch Greenville News Elgin DeLuxe; 17 jewels adjusted; DuraPower mainspring $55
(Greenville, SC)
(1949)
Wristwatch Woman’s Home Harvel; beautiful 17-jewel, precision-built, $47.50
Companion gold-filled watches
(1948)
Zircon The National 1st quality, pure white; 3 zircons; approximate $6.40
Police Gazette total weight 2 kts
(1948)
291
Selected Prices, 1945-1949 THE VALUE OF A DOLLAR
Meals
Dinner Chicago Tribune The Corner House; open all nite, air conditioned $0.95
(1946)
Lunch Chicago Tribune Heidelberg $0.55
(1946)
Lunch Atlanta Constitution J. J. Newberry; smothered pork chop, candied yams, $0.50
(1947) buttered green peas, hot rolls and muffins and butter
Meal Chicago Tribune Hillmans; broiled jumbo whitefish, with lemon $0.50
(1949) slice; parsley buttered potatoes
Medical Products & Services
Antacid Better Homes Alka-Seltzer; quick relief for discomfort of colds $0.30
and Gardens
(1948)
Antacid Chicago Tribune Tums; must you avoid favorite foods because of $0.10
(1949) acid stomach?
Corn Remover Chicago Tribune Walgreens Freezone; for corns $0.16
(1946)
Mineral Oil Chicago Tribune Walgreens $0.05/pint
(1946)
Skin Whitener Greenville Piedmont Dr. Fred Palmer’s; loosens blackheads for easy removal $0.25
Ointment (Greenville, SC)
(1945)
Vitamins Sears, Roebuck B-Complex capsules; costs only 1 1/3¢ a day; $1.39
(1946) 100-day supply
Yeast Tablets Sears, Roebuck Brewer’s; 100 tablets $0.27
(1946)
Motorized Vehicles, Services, & Supplies
Automobile Richard M. DeSoto Custom Suburban; 8-passenger sedan
Langworth [cost in 1946] $2,093–$2,631
and Graham Robson,
Complete Book
of Collectible Cars
(1985)
Automobile Langworth and Mercury Sportsman Convertible [cost in 1946] $2,209
Robson,
Complete Book
of Collectible Cars
(1985)
Automobile Langworth and Chevrolet Fleetmaster; 4-door sedan [cost in 1947] $1,212–$2,013
Robson,
Complete Book
of Collectible Cars
(1985)
Automobile Langworth and Nash Ambassador Custom Cariolet [cost in 1948] $2,345
Robson,
Complete Book
of Collectible Cars
(1985)
Automobile Langworth and Oldsmobile Futuramic 98 Convertible [cost in 1948] $2,078–$2,624
Robson,
Complete Book
of Collectible Cars
(1985)
Automobile Langworth and Buick Roadmaster Riviera; two-door hard top [cost $3,203
Robson, in 1949]
Complete Book
of Collectible Cars
(1985)
292
THE VALUE OF A DOLLAR Selected Prices, 1945-1949
296
THE VALUE OF A DOLLAR Selected Prices, 1945-1949
Doll Atlanta Constitution Sunbabe; drinking and wetting rubber dolls; $1.98
(1947) complete in box with diaper and bottle
Holster Set Sears, Roebuck Low-priced Lone Ranger holster set $1.15
(1946)
Model Kit Sears, Roebuck 4 extra-large model kits $0.89
(1946)
Model Kit Sears, Roebuck 6 small hobby model kits $0.54
(1946)
Racer Atlanta Constitution Hours of fun from this metal racer, in many $0.39
(1947) colors, key attached; 5” long
Scooter Atlanta Constitution With red and white-rubber tires $1.59
(1947)
Telescope Sears, Roebuck 6-power telescope with precision-ground lenses $1.00
(1946)
Tricycle Atlanta Constitution Heavy metal with rubber tires; large size painted $5.98
(1947) ivory and blue; originally $15.98
Wagon Atlanta Constitution Red steel body; medium $3.29
(1947)
Walkie-Talkie Sears, Roebuck Brand new; adds more excitement to your games $1.47
(1946)
Whistling Rubber Sears, Roebuck $0.63
Dog (1949)
297
Miscellany, 1945-1949 THE VALUE OF A DOLLAR
MISCELLANY 1945-1949
Bing Signs for New Program $30,000 A Week Estimate Cost to Consumers at $150 Million;
Hollywood, Cal. Aug. 15 (AP)—Bing Crosby will Increases Ranging from 3 to 12 Pct.
return to the radio in October on a weekly pro- Washington, D.C. August 25 (AP) Price increases
gram that will be broadcast to 600 stations in the estimated by OPA officials to cost the public “well
United States, South America, Australia, and over 150 million dollars a year” were granted
Europe. today on such articles as radios, stoves, washing
Everett Crosby, the singer’s brother, completed machines, vacuum cleaners, toasters, and irons.
negotiations tonight with James H. Carmine, vice The OPA said the increases were required by
president of Philco Corporation, which will spon- the new price controls law which specifies that
sor the programs over the American wholesalers’ and retailers’ profits must not be cut
Broadcasting Company network. below their margins on last March 31. Items
Everett said the salary was the highest ever affected are those on which dealers had been
offered for such a program. Although he declined required to absorb part of price increases
to specify the amount, other sources indicated granted earlier to manufacturers. The OPA said it
Crosby’s weekly stipend will be about $30,000, expects today’s increases to be the last on con-
which would be about $2,500 higher than the pre- sumers’ goods, except for refrigerators, on which
vious high, paid to Jack Benny. the price boost will be announced soon.
Chicago Tribune, August 16, 1946 The price agency itself announced only that
the raises ranged from 3 to 12 per cent. The 150
10¢ Buses Open Service to Auto Lots; Fare million dollar estimate was given by an official
Hit Some Parkers Balk; Expected 5¢ Trip who would not be quoted by name, in response
Shuttle buses painted in distinctive gray and to a reporter’s query on total cost.
red to distinguish them from the Chicago Motor Chicago Tribune, August 16, 1946
Coach company’s thru city buses started service
yesterday between the automobile parking areas
in Grant Park and the Loop.
Patronage was light, as had been expected by
traffic experts because the service was new and
the weather was favorable to pedestrians. As
more motorists become aware of the new, free
parking facilities at Soldiers’ Field and the shuttle
bus service, traffic men said, business will
pick up.
Chicago Tribune, August 16, 1946
298
THE VALUE OF A DOLLAR Historical Snapshot, 1950-1954
HISTORICAL SNAPSHOT
1950-1954
1950 $71.6 billion budget submitted to Per capita state taxes average
Korean War begins Congress $68.04
Congress increases personal and Wages and salaries frozen Unemployment hits record lows
corporate income taxes and corpo- Margin profit ceilings placed on TV Guide and Playboy begin publi-
ration taxes 200,000 consumer items cation
Federal Reserve estimates that 4 in Income-tax receipts reach $56.1 New York’s Seeman Brothers intro-
10 families are worth at least $5,000, million duce first instant ice tea
1 in 10 have assets of at least $25,000 Univac computer introduced
Gross National Product reaches CBS broadcasts color television 1954
$284 billion programs, although the FCC later Sony introduces first pocket-size
Auto registrations show one car approves the RCA color system as transistor radio
for every 3.7 Americans the industry standard Supreme Court declares racial seg-
Blue Cross programs cover 3.7 mil- U.S. telephone call rates go from regation in public schools illegal
lion Americans 5¢ to 10¢ First nuclear-powered submarine,
Railroads seized by federal troops Denver grocery chain begins offer- Nautilus, launched
to avert a strike ing S&H Green Stamps Gasoline averages 29¢ per gallon
5 million homes have television Texas Instruments introduces first
sets; 45 million have radios 1952 practical silicon transistor
Orlon fiber is introduced by E.I. General Dwight David Eisenhower Taxpayers with incomes of more
duPont de Nemours elected president than $100,000 pay more than
Otis Elevator installs first passenger 600,000 CIO steelworkers stage $67,000 in taxes
elevator with self-opening doors 53-day strike Sales of Viceroy cigarettes leap
More than 75 percent of U.S. farms Nation’s railroads returned to pri- as smokers shift to filter-tipped
electrified vate control cigarettes
Average farmer produces enough 17 million homes have television Open-heart surgery is introduced
food for 15.5 people sets by Minneapolis physician
Coca-Cola’s share of U.S. cola mar- Four of five shirts sold in America C. Walton Lillehe
ket is 69 percent; Pepsi-Cola’s are white RCA introduces first color televi-
share is 15 percent Nearly half of U.S. farms have trac- sion set
tors $13 million, 900-room
1951 First Holiday Inn opens near Fontainebleau Hotel opens at
President Truman requests a $10 Memphis Miami Beach
billion war fund Swanson & Sons introduces frozen
First power-producing nuclear fis- 1953 TV dinners
sion reactor by Atomic Energy New York subway fares rise 5¢ Births remain above 4 million per
Commission to 15¢ year
299
Selected Income, 1950-1954 THE VALUE OF A DOLLAR
300
THE VALUE OF A DOLLAR Selected Income, 1950-1954
Hairstylist San Francisco Male; with manager’s licence; refs $75/wk and
Examiner commission
(1950)
Mechanical New York Times Senior level $167 per week
Draftsman (1956)
Millwright Foreman Chicago Tribune Experienced in maintenance of machine moving and
(1951) installing all types of equipment, maintenance of brick
work, sheet metal; supervise 15–20 workers $4,500–$5,000
Physicists Chicago Tribune $8,000/yr
(1951)
Pianist Guinness Book of Single night earnings of Liberace for concert at $138,000
(1954) World Records Madison Square Garden
(1981)
Product Designer New York Times Designing new cameras; camera equipment;
(1956) must be creative $8,000
Route Man Chicago Tribune Towel supply; perm.; 5 day wk; under 35 $82/wk
(1954)
Salesman Chicago Tribune Hats, shoes, slacks, stead; must be A-1 top man in town;
(1953) able to start at once $100–$150/wk
Sales Manager New York Times Graduate of accounting; retail experience; must know
(1956) machine accounting methods $10,000
Secretary Chicago Tribune Situation wanted; top notch; 35; personable appearance $325/mo
(1953)
Shipping Clerk Chicago Tribune Good opportunity for reliable man $1.25/hr
Assistant (1953)
Singer Bufwack Dorothy Shay’s nightly fee for concerts in 1951 $5,000
and Oerman,
Finding Her Voice,
The Saga of Women in
Country Music
(1993)
Singer Layman, ed., Annual income of Elvis Presley in 1952 $10 million
American Decades:
1950-1959
(1994)
Social Worker Atlanta Constitution Must have sch. soc. wk. training; exc. conditions; give full
(1953) inf., educ. and exp. in first letter $225/mo
Stenographer Atlanta Constitution One-girl office; 5-day week; national concern $175/mo
(1953)
Television Host Layman, ed., Annual contract of Ed Sullivan for TV show
American Decades: Toast of the Town in 1951 $125,000
1950-1959
(1994)
301
Consumer Expenditures, 1950-1954 THE VALUE OF A DOLLAR
302
THE VALUE OF A DOLLAR Investments, 1950-1954
INVESTMENTS 1950-1954
Investment 1950 1951 1952 1953 1954
Basic Yield, One-Year Corporate Bonds 1.42 2.05 2.73 2.62 2.40
Short-term Interest Rates, 4–6 Months, 1.45 2.16 2.33 2.52 1.58
Prime Commercial Paper
Basic Yield, Common Stocks, Total 6.27 6.12 5.50 5.49 4.78
Index of Common Stocks (1941-1943=10) 18.40 22.34 24.50 24.73 29.69
COMMON STOCKS, CLOSING PRICE AND YIELD, FIRST BUSINESS DAY OF YEAR
(Parenthetical number is annual dividend in dollars)
Allis Chalmers 32 5/8 45 50 3/4 59 46 3/4
(2) (3.25) (3.50) (4) (4)
AT&T 146 1/4 151 1/2 155 3/8 160 1/4 156 1/2
(9) (9) (9) (9) (9)
American Tobacco 74 1/2 66 1/4 62 3/8 65 7/8 62 1/2
(4) (4) (4) (4) (3)
Anaconda 28 1/2 40 5/8 50 3/8 43 7/8 30 5/8
(2.50) (3) (3.50) (3.50) (3)
B&O 10 20 1/2 19 1/8 28 19 1/2
(/) (/) (/) (.75) (1)
Bethlehem Steel 31 5/8 50 1/4 51 5/8 56 1/4 51 1/8
(2.40) (4.10) (4) (4) (4)
Corn Products 72 7/8 70 70 1/2 70 1/8 73
(3.60) (3.60) (3.60) (3.60) (3.60)
General Electric 42 3/8 50 3/8 NR 72 1/2 88 1/4
(2.50) (3.40) (3.00) (4)
General Motors 70 3/4 7 1/4 31 3/8 68 1/2 60
(2 shares for 1 split, 10/3/50) (8) (2.50) (4) (4) (4)
International Business Machines 213 206 207 234 247
(5% stock dividend 1/23/50) (4) (4) (4) (4) (4)
(5% stock dividend 1/26/51
(5% stock dividend 1/28/52)
(5% stock dividend 1/29/53)
(2 1/2% stock dividend 1/28/54)
(5 share for 4 split, 5/10/54)
Intl Harvester 27 3/8 32 5/8 28 1/8 32 5/8 28 1/2
(1.80) (2) (2) (2) (2)
National Biscuit 39 33 30 35 1/4 36 1/2
(7) (2) (2) (2) (2)
US Steel 26 3/8 43 40 1/4 43 1/2 39 7/8
(3 shares for 1 split, 6/2/49) (1) (3.45) (3) (3) (3)
Western Union 41 3/8 (3) 40 5.8 (/) 42 3/4 (2.75) 40 (3.00) 41 5/8 (3)
303
Standard Jobs, 1950-1954 THE VALUE OF A DOLLAR
Average of All Industries, excl. farm labor $3255/yr $3526/yr $3732/yr $3927/yr $4033/yr
Average of All Industries, inc. farm labor $3180/yr $3452/yr $3660/yr $3852/yr $3953/yr
Bituminous Coal Mining $3245/yr $3762/yr $3718/yr $4061/yr $3959/yr
Building Trades $3377/yr $3774/yr $4086/yr $4354/yr $4484/yr
Domestics $1502/yr $1588/yr $1707/yr $1805/yr $1832/yr
Farm Labor $1454/yr $1568/yr $1594/yr $1464/yr $1498/yr
Federal Civilian $3632/yr $3924/yr $4202/yr $4411/yr $4507/yr
Federal Employees, Executive Depts. $3220/yr $3189/yr $3326/yr $3410/yr $3485/yr
Federal Military $2897/yr $2788/yr $2891/yr $2927/yr $2997/yr
Finance, Insurance, & Real Estate $3217/yr $3356/yr $3503/yr $3663/yr $3828/yr
Gas & Electricity Workers $3571/yr $3851/yr $4125/yr $4404/yr $4579/yr
Manufacturing, Durable Goods $3483/yr $3862/yr $4126/yr $4383/yr $4452/yr
Manufacturing, Nondurable Goods $3154/yr $3386/yr $3587/yr $3784/yr $3923/yr
Medical/Health Services Workers $2067/yr $2143/yr $2262/yr $2365/yr $2417/yr
Miscellaneous Manufacturing $3020/yr $3240/yr $3404/yr $3560/yr $3640/yr
Motion Picture Services $3089/yr $3269/yr $3485/yr $3626/yr $3929/yr
Nonprofit Org. Workers $2578/yr $2720/yr $2898/yr $3041/yr $3179/yr
Passenger Transportation Workers, $3288/yr $3489/yr $3645/yr $3809/yr $3914/yr
Local and Highway
Personal Services $2254/yr $2355/yr $2462/yr $2573/yr $2682/yr
Public School Teachers $2794/yr $2998/yr $3169/yr $3314/yr $3510/yr
Radio Broadcasting &Television Workers $4698/yr $5017/yr $5417/yr $5734/yr $5957/yr
Railroads $3778/yr $4163/yr $4338/yr $4418/yr $4544/yr
State and Local Govt. Workers $2758/yr $2758/yr $2950/yr $3140/yr $3281/yr
Telephone & Telegraph Workers $3059/yr $3253/yr $3492/yr $3720/yr $3914/yr
Wholesale and Retail Trade Workers $3034/yr $3171/yr $3284/yr $3446/yr $3558/yr
304
THE VALUE OF A DOLLAR Food Basket, 1950-1954
Apples, Fresh, per pound 1950 12.80¢ 12.80¢ 13.80¢ 12.90¢ 11.80¢
1951 10.90¢ 12.50¢ 12¢ 12.10¢ 11.80¢
1952 NR NR 16.40¢ 16.60¢ 15.80¢
1953 16.30¢ 16.10¢ 16.50 NR 15.90¢
1954 14.90¢ 16.10¢ 16.30¢ NR 16.60¢
Beans, Navy, per pound 1950 17.10¢ 14.90¢ 14.80¢ 16¢ 15.40¢
1951 17¢ 15.30¢ 15.70¢ 19.10¢ 17.90¢
1952 16.90¢ 15.60¢ 15.70¢ 16.70¢ 16¢
1953 17.60¢ 16.40¢ 16.60¢ 17.30¢ 24.60¢
1954 18¢ 16.90¢ 17.50¢ NR 17.90¢
Beef, Rib Roasts, per pound 1950 75.30¢ 75.70¢ 74.10¢ 72.10¢ 80.70¢
1951 87¢ 84.10¢ 82.90¢ 82¢ 88¢
1952 87¢ NR 83.10¢ 81.10¢ 89.60¢
1953 71¢ 74¢ 66.20¢ NR 79¢
1954 70.10¢ 77.70¢ 66.70¢ NR 79.20¢
Beef, Steaks (Round), per pound 1950 98.70¢ 95.60¢ 88.90¢ 86.40¢ 88.60¢
1951 $1.15 $1.11 $1.04 $1.01 $1.06
1952 $1.17 $1.12 $1.04 $1.00 $1.11
1953 98.40¢ 90.70¢ 82.40¢ NR 90.50¢
1954 97.40¢ 92¢ 81.80¢ NR 89.40¢
Bread, White, per pound 1950 15.30¢ 14.40¢ 13.20¢ 13.90¢ 14.70¢
1951 16.80¢ 15.90¢ 14.50¢ 15.30¢ 15.90¢
1952 17.30¢ 15.90¢ 15.20¢ 15.30¢ 16.40¢
1953 17.90¢ 16.20¢ 15.20¢ NR 17.30¢
1954 18.30¢ 17.10¢ 16.10¢ NR 18.50¢
Butter, per pound 1950 74.20¢ 78¢ 70.50¢ 72.30¢ 72.20¢
1951 82.60¢ 86.40¢ 80.20¢ 81.30¢ 81.30¢
1952 85.30¢ 90.30¢ 83¢ 86.90¢ 86.30¢
1953 80.20¢ 84.30¢ 77.20¢ NR 80.70¢
1954 73.70¢ 77.60¢ 71.60¢ NR 72¢
Cheese, per pound 1950 55¢ 54.10¢ 50.90¢ 46.70¢ 48.60¢
1951 61.30¢ 61.20¢ 59.10¢ 55.55¢ 57.40
1952 62.20¢ NR 60.50¢ 58.90¢ 61.10¢
1953 62.70¢ NR 59.60¢ NR 60.80¢
1954 59.40¢ NR 58¢ NR 57.80¢
Chickens, per pound 1950 44.30¢ 54.20¢ 47.50¢ 65.80¢ 58.40¢
1951 46.50¢ 56.90¢ 49.90¢ 67.70¢ 58.90¢
1952 47.10¢ 56.20¢ 48.70¢ 68.30¢ 60.20¢
1953 45.50¢ 54.30¢ 46.60¢ NR 57.70¢
1954 42¢ 47.30¢ NR NR NR
Coffee, per pound 1950 79.60¢ 77¢ 77.40¢ 82.90¢ 81.10¢
1951 86.70¢ 83.50¢ 84¢ 92.50¢ 90.30¢
1952 86.90¢ 83.10¢ 83.70¢ 92.20¢ 90.30¢
1953 89.90¢ 86.30¢ 86.80¢ NR 89.70¢
1954 $1.13 $1.10 $1.11 NR $1.07
Cornmeal, per pound 1950 10.60¢ 6.40¢ 10.40¢ 9.90¢ 10.60¢
1951 11.10¢ 7.10¢ 11.10¢ 10.80¢ 11.20¢
1952 11.90¢ 7.80¢ 12.10¢ 17.50¢ 18.20¢
1953 12.10¢ 8¢ 12.20¢ NR 12.70¢
1954 12.10¢ 7.10¢ 12.40¢ NR 12.60¢
305
Food Basket, 1950-1954 THE VALUE OF A DOLLAR
307
Selected Prices, 1950-1954 THE VALUE OF A DOLLAR
Alcohol
Blended Whiskey New York Times Old Homestead; 4/5 quart $3.19
(1952)
Bourbon New York Times Old Taylor Bonded $7.35
(1952)
Bourbon Whiskey New York Times Virginia Lee; 4/5 quart $3.69
(1952)
Canadian Whiskey New York Times Seagram’s V.O. $6.10
(1952)
Cognac New York Times Courvoisier V.S.O.P. $3.68
(1952)
Grain Gin New York Times Fifth Avenue Gin; 4/5 quart $2.88
(1952)
Rye New York Times B.P.R. Bonded $4.49
(1952)
Scotch Whiskey New York Times White Abbey; 4/5 quart $4.59
(1952)
Apparel, Children’s
Baseball Suit Good Housekeeping Yankiboy; Little Leaguers make big hits with these
(1950) dashingly styled, sturdily made outfits; cotton-flannel
shirt and pants, red trim; matching cap $2.49
Buffalo Bill Costume Belk’s Christmas Black-twill pants with chaps, 2-tone flannelette shirt $2.98
Catalog
(1951)
Longies Sears, Roebuck Handsome Glen plaid-suspender longies of durable $1.44
(1952) cotton
Shirt Life McMullen; man-tailored shirts get fancy; featuring
(1950) French cuffs, pique trim, tucked flowed bosom $10.95–$15.95
Shirt Sears, Roebuck Movie star print; has Dale Evans, Roy Rogers, and
(1952) Trigger on front; old favorites and gay new styles $0.84
Shoes Sears, Roebuck Jeepers; Roy Rogers and Trigger imprinted in bright
(1952) colors to delight every boy, girl $3.39
Suit Good Housekeeping Botany Eton; suit for boys; blends the superior quality
(1950) of Botany Brand 100% virgin worsted with the superb
men’s wear tailoring of master clothes $21.00
Apparel, Men’s
Belt New York Times Leather $10.00
(1952)
Head Warmer Woman’s Home Picard; expert skiers started wearing knitted face-caps
Companion last year—now they’re your newest perkiest cap for
(1950) ear-chilling days $5.00
Jacket New York Times Sports jacket, denim striped $16.50
(1952)
Jacket New York Times Lounging jacket, navy blue silk $35.00
(1952)
Pajamas New York Times Nylon in gold with navy piping $14.95
(1952)
Scarf New York Times Silk; in plaids and solids $10.00
(1952)
308
THE VALUE OF A DOLLAR Selected Prices, 1950-1954
Shirt New York Times Clan plaid sports shirt; washable $16.50
(1952)
Shirt New York Times Oxford cloth button down $3.95
(1952)
Shirt New York Times Sports shirts; flannels, gabardines or rayon $3.98
(1952)
Shirt Life Shirtcraft Airman Model Z; no buttons on America’s
(1950) newest, smartest business shirt, it zips closed $3.95
Shirt Chicago Tribune Broadcloth; madras $1.88
(1951)
Shoes Sears, Roebuck Shockless cushion insole; it’s smart to be comfortable $8.98
(1952)
Shoes Sears, Roebuck Jeepers; our best quality; pro-type styling $4.98
(1952)
Shoes New York Times Handsewn moccasins $13.95
(1952)
Sweater New York Times Sleeveless striped cardigan of imported Alpaca $23.00
(1952)
Undershirt Life Arrow; made by the makers of Arrow shirts $0.85
(1950)
Apparel, Women’s
Brassiere Woman’s Day Flexess; strapless; of satin, elastic and nylon $2.00
(1950) marquisette
Brassiere Good Housekeeping Embroidered nylon marquisette cups with rayon satin
(1950) frame and back $3.00
Brassiere Woman’s Home Maidenform Allo-ette; 2” band in white satin $2.00
Companion
(1950)
Brassiere Chicago Tribune The Magic Insets gently support from below to give
(1951) lasting uplift, youthful beauty $3.00
Brassiere Today’s Health Anne Alt; maternity and nursing; firm, reliable support
Magazine to enlarging breasts
(1952) B&C Cups $2.75
D Cups $3.00
Brassiere Sears, Roebuck Rayon satin or cotton; was $1.19 $0.98
(1952)
Dress McCall’s Clifford; diagonally tucked bodice; blouse stops at $23.00
(1950) waistline
Dress McCall’s Margi Spring Lilac; with yoke and cuffs of ribbed tucks,
(1950) tucks below the belt are released to make a full skirt $40.00
Dress McCall’s Hi-Dee; of Irish linen; sleeveless $30.00
(1950)
Dress Sears, Roebuck Waffle pique; such gay, young new prints $3.98
(1952)
Dress Ebony One-piece cotton dress has scoop neck and princess-
(1954) cut wallpaper waist below empire bust $15.00
Exercise Suit Chicago Tribune Aqua Sheen Slim-Rite; coverall; plastic exercise suit $3.98
(1951)
Fur Chicago Tribune Capes, scarfs, stoles, jackets, coats $175
(1951)
Girdle Woman’s Day Charvin; white nylon girdle, sleek as a slither and
(1950) twice as cute $6.95
Girdle Woman’s Day Boned front; with side zipper available in tearose, nylon
(1950) or satin $12.50
309
Selected Prices, 1950-1954 THE VALUE OF A DOLLAR
Girdle Woman’s Home Bestform; has nylon-taffeta front, sides, and back and
Companion boned-nylon diaphragm $5.95
(1950)
Girdle Chicago Tribune The Magic Inset eliminates annoying bones, yet it can’t
(1951) roll over, wrinkle, or bind $5.95
Golf Suit Good Housekeeping Pro-golfer two-piece woman’s outfit; smartly fashioned in
(1950) sanforized fine-combed cotton $12.00
Gown Ebony Luxite Red Spice; add spicy variety to your lingerie
(1954) wardrobe; gay, brilliant, beautiful red for a saucy glimpse
of color under a dark hem $5.95
Robe Woman’s Home Evelyn Pearson; in pastel or dark rayon crepe,
Companion contrast piping $13.00
(1950)
Robe Woman’s Home In frost white, harvest rose, tawny gold $9.95
Companion
(1950)
Shoes Good Housekeeping Wohl Natural Poise; beautifully fashioned; blessedly
(1950) comfortable and they fit precisely—thanks to the
exclusive scientific dimensional equalizer $8.95
Shoes Good Housekeeping Desco Revelations; rest your arches, look divine $7.95
(1950)
Shoes Today’s Health Aerotized Walkmaster; the airway design; you’ll be
Magazine delighted with the slipper-like comfort $8.95
(1952)
Slip Woman’s Day Seamprufe Marybell; daintily adorned with lace and pin
(1950) tucking; in fine sanforized wamsutta cotton $4.00
Slippers Ebony Honeybugs; Robert Haynes, co-starring in Return to
(1954) Paradise, says “My favorite slippers.” $4.99
Suit Good Housekeeping Side-split skirt for walking ease; sheen gabardine $70.00
(1950)
Appliances
Electric Range McCall’s Deep Freeze; you can buy them with confidence $159.95
(1950)
Gas Range Chicago Tribune Imperial; full size; 36” $99.00
(1951)
Gas Range Chicago Tribune Marshall DeLuxe; the best cook in the world is helpless
(1951) with a bulky, inefficient stove $159
Home Freezer McCall’s Deep Freeze DeLuxe Model; 12.3 cubic feet holds more
(1950) than 430 lbs of assorted frozen foods $399.95
Refrigerator McCall’s Admiral Dual-Temp; no defrosting—no dish covers
(1950) needed—no bouncing favors $189.95
Refrigerator Chicago Tribune Frigidaire; has extra-large frozen food super freezer $199.75
(1951)
Steam Radiator The American Home Burnham Portable; steam heat $60–$108
(1954)
Washing Machine Woman’s Day Bendix Home Appliances; tried and true agitator
(1950) washing; does 8 pounds of wash at a time $189.95
Washing Machine Woman’s Day Speed Queen; guarantee yourself the most for your
(1950) money in home laundry service $99.95–$139.95
Washing Machine McCall’s Thor Automagic Spinner-Washer; from suds to spin-dry in
(1950) a single porcelain tub $199.50
Washing Machine Consumer Reports Maytag Nonautomatic $184.95
(1950)
Washing Machine Chicago Tribune Speed Queen; for easier family washings $99.95
(1951)
310
THE VALUE OF A DOLLAR Selected Prices, 1950-1954
Baby Products
Baby Lotion McCall’s Johnson’s; hospital-proved the most effective $0.49/$0.98
(1950) preparation
Baby Nipple Today’s Health Evenflo; America’s most popular nurser; includes
Magazine nipple, bottle, cap $0.25
(1952)
Baby Oil Good Housekeeping Playtex; prevent diaper rash with Playtex $0.79
(1950)
Crib Sears, Roebuck Honeysuckle; full-size chest crib; keep baby’s pads, shirts,
(1952) sheets at your finger tips, right where you need them $49.95
Crib Mattress Today’s Health Bunny Bear; America’s only crib mattress with the
Magazine unique bonded guarantee $10.95
(1952)
Pants Woman’s Home Kleinert’s; waterproofed without rubber; three pairs $3.00
Companion
(1950)
Pants McCall’s Playtex; in pink, white, or blue $0.69
(1950)
Pants Good Housekeeping Playtex; ventilated; it clings gently, gives waterproof fit
(1950) without cutting off circulation $0.79
Server Good Housekeeping Safety server for babies; prevent tragic highchair
(1950) accidents; lighten mother’s burdens $15.95
Shoes Today’s Health Moran Wee-Walker; perfect fit, fine durable leathers $1.19
Magazine
(1952)
Training Pants Chicago Tribune White cotton knit; quality $0.15
(1951)
Collectibles
Book Rare Books and Miguel De Cervantes; El Ingenioso Hidalgo Don Quichote
Manuscripts; de la Mancha; Excessively rare second issue of the
Lathrop C. Harper, first edition $3,500
Inc.
(1953)
Book Rare Books and De Cometis; First edition of the first printed book
Manuscripts; on the comets, 1472 $1,250
Lathrop C. Harper,
Inc.
(1953)
Coins New York Times 1953 New Zealand Proof Coin Set; 10 pieces; crown to
(1954) half-penny in mock leather case; commemorates royal
visit of Queen Elizabeth to New Zealand $14.87
311
Selected Prices, 1950-1954 THE VALUE OF A DOLLAR
312
THE VALUE OF A DOLLAR Selected Prices, 1950-1954
Furniture
Gun Rack The American Home Nimrod; 6-gun rack with steel guard $17.95
(1954)
Hide-A-Bed The American Home T-Cushion; with Beautyrest seat cushions, in gold
(1954) Trigger metallic tweed
Apartment size $239.50
Full size $249.50
Hope Chest Life Lane; a Lane chest is the real love-gift; genuine
(1950) American walnut with tray $47.95
Rug Woman’s Day Glamour-rug; handsome, soft-wood-surface 9’ x 12” $29.95
(1950)
Table and Chairs Good Housekeeping Daystrom; the tables with the wonder top; set $74.50
(1950)
Hotel Rates
Room Rate New York Times The Empress; European plan available for meals; double
(1954) occupancy $14.00
Room Rate New York Times The Broadmoor; double occupancy $5.00
(1954)
Household Products
Automatic Toaster Woman’s Home General Mills; it’s double automatic so toast is always
Companion timed to perfection $22.95
(1950)
313
Selected Prices, 1950-1954 THE VALUE OF A DOLLAR
Automatic Coffee The American Home General Electric; makes as few as two cups—as many as 9
Maker (1954) —perfectly $29.50
Blanket The American Home Kenwood Astra-Ken; all wool; inspired colorings,
(1954) borrowed from famous paintings $50.00
Blanket The American Home Fieldcrest; a fleecy blend of rayon, wool, and cotton,
(1954) bordered in stripes $9.95
Blanket The American Home North Star Flora Nocturne; strewn with roses,
(1954) hand-screened and washable $22.95
Blender Today’s Health Waring Products Model PB-5; a new kind of food
Magazine preparation is now at your fingertips $44.50
(1952)
Clock Life Telechron; with the Synchro-sealed motor; keeps time to
(1950) 1/60th of a second $3.98
Coffee Maker McCall’s Landers, Frary & Clark Universal Coffematic; America’s
(1950) most popular coffeemaker with the flavor-selector $24.95
Cooker Woman’s Home Universal Cooka-matic; bakes, grills, toasts, or fries $29.95
Companion
(1950)
Curtain Woman’s Day Duralace; in patterns to harmonize with every
(1950) decorative style $6.00
Defroster Woman’s Day Paragon De-Frost-It; electric; automatic defrosting on
(1950) your present refrigerator $9.95
Double Boiler Woman’s Day Corning Glass Works Pyrex; the glass can’t change the
(1950) taste or color of any food; so sturdy—2 1/2 times as strong
as ordinary glass $3.45
Double Snack Toaster Woman’s Day Federal; you can serve tempting, toasted, sealed
(1950) sandwiches with half the work and half the time $1.69
Drainboard Good Housekeeping Artwire Drain-A-Tray; chinalike—super strong plastic $3.49
(1950)
Dye Woman’s Day Putnam; you get bright colors the first time you try $0.15
(1950)
Electric Cook Woman’s Day Arvin Electric Houseware; America’s most versatile
(1950) cooking appliance—it grills, toasts, fries, bakes waffles $24.95
Electric Curling Iron Sears, Roebuck Kenmore; bright finish; wood handle $1.79
(1952)
Electric Tool Kit The American Home Black and Decker; includes 1/4” drill and 14 most
(1954) useful accessories in tool chest $29.95
Enamel Wallcovering Sears, Roebuck The quality is built right in; 1’ 4 1/2” wide $0.53
(1952)
Finger Guards Saturday Evening Post Industrial Gloves; saves fingers, lowers your hand
(1951) protection cost $0.10
Flatware Woman’s Home Gorham King Edward; sterling; America’s leading
Companion silversmiths since 1831; six-piece place setting $35.00
(1950)
Flatware McCall’s Gorham Chantilly; place setting, six pieces $26.00
(1950)
Floor Cleaner McCall’s Bruce; dry-cleans as it waxes $0.68/qt
(1950)
Floor Cleaner Woman’s Home Bruce; easier than any self-polish; far better for your $0.79/qt
Companion floors
(1950)
Floor Covering Woman’s Day Sandura; new vinyl plastic-coated floor; roll 48” wide $2.95
(1950) 9’ long
Floor Wax Woman’s Day Aerowax; no rubbing; stop paying fancy prices for floor $0.55/qt
(1950) wax
314
THE VALUE OF A DOLLAR Selected Prices, 1950-1954
Jewelry
Brooch New York Times Tiffany’s brooch of diamonds and rubies; divides into
(1952) two clips $5200
Diamond Saturday Evening Post De Beers Consolidated Mines; 1 ct $550–$1165
(1951)
Ring New York Times Tiffany’s twin stone diamond ring $2750
(1952)
Watch New York Times Golden mesh band; costume buckle; 17 jewel surrounded
(1952) by filigree and pretend pearls $45.00
Watch Ebony Gruen; when you give the revolutionary self-winding
(1954) Gruen autowind, you are giving the finest gift of all time $125
Medical Products & Services
Antacid Saturday Evening Post Tums; eat like candy, tums for the tummy $0.10
(1951)
Aspirin Saturday Evening Post 100 5-grain tablets; no faster-acting aspirin made $0.54
(1951)
Aspirin Today’s Health Bayer; children’s size; three ways best for your child;
(1952) 30 tablets per package $0.30/pkg
Cough Drops Life Luden’s Menthol; contains more menthol than any
(1950) other cough drops $0.05
Glycerine Tablets Life Pine Brothers; quick throat relief $0.10
(1950)
Laxative Life Nature’s Remedy NR Tablets; man’s best laxative,
(1950) 10 herbs in tiny tablet $0.25
Liniment Life Absorbine Jr.; the favorite stand-by liniment of many
(1950) professional athletes for over fifty years $1.25
Liniment Good Housekeeping Absorbine Jr.; relieve torturing rheumatic or neuralgic
(1950) pain; long-lasting bottle $1.25
Lip Balm Life Chapstick; keep lips fit $0.25
(1950)
Lip Balm Saturday Evening Post Stag; soothes chapped lips $0.39
(1951)
Nail Treatment Today’s Health Thumb Nail Biting Medicine; discourage prolonged
(1952) and persistent nail biting $1.20
Nonprescription Good Housekeeping Tabcin; miserable with cold symptoms? $0.75
Drug (1950)
Tincture of Iodine Saturday Evening Post First-aid help, with applicator $0.29
(1951)
Motorized Vehicles, Supplies, & Services
Automobile New York Times Dodge ’52 Coronet $1895
(1952)
Automobile New York Times Pontiac ’52 Club Coupe $2195
(1952)
Automobile New York Times Buick ’51 Riviera $1995
(1952)
Automobile New York Times Buick ’48; convertible Roadmaster $950
(1952)
Automobile Richard M. Ford Custom Victoria; 2-door hardtop $1925
Langworth and
Graham Robson,
Complete Book of
Collectible Cars
(1985)
316
THE VALUE OF A DOLLAR Selected Prices, 1950-1954
Musical Instruments
Chord Organ Chicago Tribune Hammond; Love music? Then the new Hammond Chord
(1951) organ is for you, even without musical training $975
Piano McCall’s Lester Spinet; dollar for dollar your best piano buy $595
(1950)
Other
Dog Food Woman’s Day Cooked and ready to use; a nourishing food for dogs $0.10
(1950)
Gift Kit Woman’s Home Palmolive; Christmas gift kit; with talc, after-shave lotion,
Companion and a choice of brushless or latherless shave cream $1.05
(1950)
Patent Settlement Guinness Book of Settlement paid by Ford Motor Company to the Ferguson
World Records Tractor Company in 1952 for a patent-infringement
(1981) claim filed in 1948. $9.25 million
Pesticide The American Home Reardon Laboratories Mouse Seed; kills mice $0.25
(1954)
Stationery Saturday Evening Post For after-Christmas thank-yous; box of 24 sheets and
(1951) 24 matching envelopes $0.49
Wallet Sears, Roebuck Kerrybrooke; fine-quality leather, smart styling $3.50
(1952)
318
THE VALUE OF A DOLLAR Selected Prices, 1950-1954
Publications
Magazine Woman’s Day Woman’s Day; monthly $0.05
(1950)
Magazine Life Life; weekly $0.20
(1950)
Magazine McCall’s McCall’s $0.25
(1950)
Magazine Saturday Evening Post Saturday Evening Post; weekly $0.15
(1951)
Pamphlets on Today’s Health American Medical Association’s topics: common cold, $0.15
Communicable (1952) scarlet fever, measles,
Diseases whooping cough, infantile paralysis
Real Estate
Gas Station and Chicago Tribune Must sell immediately on account of illness $18,250
Grocery (1951)
House Chicago Tribune For sale; ranch bungalow; three bedroom brick $13,800
(1951)
House Chicago Tribune For sale; nine-room home in excellent condition; 3 1/2
(1951) baths, 2 car garage, 2 heated porches; a nice buy $40,000
House Chicago Tribune For sale; 6-bedroom tri-level $24,750
(1951)
House Chicago Tribune 7-room home, 4 bedrooms, 3 baths $22,500
(1951)
House Plans The American Home American Home; traditional stone and wood; one-level
(1954) plan has three bedrooms, two baths in separate wing $5.00
Sports Equipment
Basketball Belk’s Christmas Collette GC; official size; valve bladder; inflating needle $2.98
Catalog
(1951)
Fishing Rod & Reel New York Times Weak fish outfit; split bamboo rod; locking reel seat;
(1952) 150-yd. size; saltwater reel $6.99
Fishing Rod & Reel New York Times Deep sea outfit; solid glass rod; 3 chromium guides;
(1952) locking reel seat; 250-yd. free spool; star drag reel $16.99
Reel New York Times Pflueger “Templar” Reel $21.99
(1952)
Shotgun Belk’s Christmas Louis Max; double barrel; safety catch; break action loud
Catalog but safe $1.98
(1951)
Sleeping Bag Chicago Tribune Vacation special; real U.S. Army $4.88
(1951)
319
Selected Prices, 1950-1954 THE VALUE OF A DOLLAR
Tobacco Products
Lighter Fluid Life Zippo; instant lighting, smokeless flame $0.25
(1950)
Pipe New York Times Engineer’s Desk Pipe; won’t spill ashes $1.49
(1952)
Pipe Tobacco Saturday Evening Post Edgeworth; make your pipe dreams come true; longer
(1951) lasting; cooler smoking $0.15
Toys
Burp Gun Belk’s Christmas Mattel; realistically designed even to the trigger; fires
Catalog 1–50 shots at a touch; plenty of smoke pours from the
(1951) barrel, lots of noise $2.98
Cash Register Belk’s Christmas Kampkap; push the key, correct amount $0.01 to $1 plus
Catalog No Sale pops up in window; aluminum and red finish $2.49
(1951)
Doll Belk’s Christmas Madame Alexander Cissy; the debutante doll with
Catalog molded figure, shapely feet that wear high-heeled shoes $19.95
(1951)
Doll Belk’s Christmas Betty Bows; rubber body, vinyl head, locked-in plastic
Catalog eyes with long lashes $2.98
(1951)
Doll Belk’s Christmas Tiny Tears; American character; with molded hair;
Catalog wears cotton rompers; layette includes lace-trimmed
(1951) dress, bonnet, panties, booties; 13 1/2” $7.95
Doll Belk’s Christmas Goldberger; in party dress; sleeping eyes; rooted hair
Catalog that can be fixed; cries when squeezed $3.98
(1951)
Double Holster Set Belk’s Christmas Carnell; 50-shot cap pistol; split-grain cowhide $2.98
Catalog
(1951)
Electric Football Belk’s Christmas Tudor; real football right at the living room table; size
Catalog 25” x 15 1/4” $6.95
(1951)
Farm Set Belk’s Christmas Auburn Rubber; jumbo; unbreakable vinyl; silo, barn,
Catalog team, and wagon, tractor, farmer and wife, plus whole
(1951) yard full of farm friends $2.98
Heavy Duty Crane Belk’s Christmas Nothing to wind, just push; hand-wind boom, lift,
Catalog removable crane, thick tires $0.88
(1951)
Service Station Belk’s Christmas Marx Service Station; modern as tomorrow; overhead
Catalog sliding door, cars, garagemen $3.98
(1951)
Shooting Gallery Belk’s Christmas Marx; self-feeding automatic pistol fires steel balls;
Catalog test of skill $2.98
(1951)
Skates Sears, Roebuck J. C. Higgins; rollerskates are fun galore for boys and
(1952) girls of all ages $2.45
Steel Refrigerator Belk’s Christmas Wolverine; revolving shelf, separate freezer, play food,
Catalog ice cubes; 17” high $1.98
(1951)
Tinkertoy Belk’s Christmas Now in color; child learns while selecting parts by color;
Catalog 149 pieces $1.98
(1951)
Tool Set Belk’s Christmas Skil-Craft Handy Andy; steel chest holds saw, pliers,
Catalog hammer, chisel, coping saw, mallet, screw driver, try-
(1951) square, ruler, pencil, sandpaper, manual $2.98
320
THE VALUE OF A DOLLAR Selected Prices, 1950-1954
Vacuum Cleaner The American Home Hoover; A kid-size Hoover that runs and hums $14.95
(1954)
Velocipede Belk’s Christmas Murray Ohio; strong well-balanced tubular steel frame;
Catalog 10” ball-bearing front wheel, 1 3/4” tires give speedy ride $8.95
(1951)
Washing Machine Belk’s Christmas Wind spring, turn switch, it works; rubber drain pipe;
Catalog just like mother’s; fun $0.88
(1951)
Travel & Transportation
Airplane Flights New York Times New York to Cologne; round trip $474.50
(1952) New York to Munich; round trip $516
New York to Glasgow; one way $251
New York to Glasgow; round trip $382
Airplane Flights New York Times New York to California; save 10% on return
(1952) One way $88.00
Return $72.00
321
Miscellany, 1950-1954 THE VALUE OF A DOLLAR
MISCELLANY 1950-1954
Shirts for Men New Model Announced by Willys-Overland
Arrow Shirts for men, sold by Cluett, Peabody Motors
and Co., Inc. listed five prices for their line of The first conventional-type passenger car line
shirts: $3.65, $3.95, $4.50, $5.50, and $7.50. to be built by Willys-Overland Motors since 1942
Life, January 23, 1950 was announced yesterday by the company.
Designated the Aero Willys, the new models will
Family Food Cost Down; Annual Market go on display tomorrow in dealer showrooms
Basket Drops $100 From Post-War Peak throughout the country.
The Agriculture Department said today the New York City delivered prices, exclusive of
annual cost of the family food market basket had sales tax, were listed as $1,834 for the Aero Lark,
dropped almost $100 from its postwar peak. The de luxe two-door sedan; $2,083 for the Aero Wing,
retail cost of the market basket in January was super de luxe, two-door sedan, and $2,168 for the
put at $615, a drop of $7 from the December cost. Aero Ace, custom two-door sedan. Overdrive is
The post-war peak cost was $713 in July 1948. optional at extra cost of $86.
New York Times, March 24, 1950 New York Times, January 17, 1952
322
THE VALUE OF A DOLLAR Miscellany, 1950-1954
MISCELLANY 1950-1954
Resident Offices Report on Trade: Demand
for Ready-to-Wear Found Steady with
Lingerie, and Sports Lines Active
A number of buyers were in the wholesale mar-
kets here last week but the rush has tapered off,
according to McGreevey, Werring & Howell
Company, resident buying office. Activity in the
ready-to-wear field has been steady, lingerie con-
tinued active and sportswear and separates are
expected to be very popular for spring.
Reorders were received on all types of suits,
with better-priced lines stressing beaded and
jewel trims. Reorders began to appear for unlined
rayon suits. Full-length spring coats received
some attention. January cotton promotions on
junior dress lines were successful and stores
were filling in on the $8.75 to $14.75 price range
on summer merchandise.
New York Times, February 1, 1953
323
Historical Snapshot, 1955-1959 THE VALUE OF A DOLLAR
HISTORICAL SNAPSHOT
1955-1959
1955 1957 1959
Racial segregation on interstate Sputnik I launched by Soviet Union Alaska and Hawaii admitted to the
buses and trains ordered to end is world’s first man-made earth Union
Federal minimum wage rises from satellite Japanese automakers produce
75 cents to $1 per hour Painkiller Darvon introduced by 79,000 cars
President Eisenhower submits a Eli Lilly Volkswagen sales in U.S. top
10-year $101 billion highway con- University of Wisconsin study 120,000
struction program to Congress shows that 20 percent of Average U.S. automobile whole-
AF of L and CIO merge Americans live in poverty sales at $1,880
Merger creates second largest New York’s last trolley car retired Supermarkets comprise 11 percent
bank, Chase Manhattan Bank Frisbee introduced by Wham-O of food stores, but control 69 per-
Whirlpool Corporation merges Manufacturing cent of sales
with Seeger Refrigerator Company Per capita margarine consumption 200,000 retailers offer trading stamps
and begins producing refrigera- exceeds butter for first time New York’s Four Seasons restau-
tors, airconditioners, and cooking Record 4.3 million babies born rant opens
ranges
National Review and Village Voice 1958
begin publication Ford Motor Company introduces
Crest introduced by Procter and Edsel
Gamble with stannous fluoride Cost of 100,000 computerized mul-
Special K breakfast food intro- tiplication computations falls from
duced by Kellogg Company $1.26 in 1952 to 26 cents
Suburban shopping centers now First U.S. Earth Satellite launched
number 1,800 Unemployment reaches postwar
high
1956 Upper 1 percent of Americans
Congress authorizes 42,500 miles enjoy 9 percent of nation’s total
of interstate highways costing disposable income
$33.5 billion 64 percent of households have
First Midas Muffler Shop opens in incomes above $4,000 per year
Macon, GA Gasoline costs 30.4 cents per gallon
Dow Jones Industrials Average BankAmericard credit card intro-
peaks at 521.05 duced
Salem Cigarettes introduced, First-class postal rates climb to 4
become leading mentholated cents per ounce
brand in 18 months
U.S. television sets reach 41 million
Welch’s Grape Juice has sales of
Sweet’n Low sugarless sweetener
$40 million
introduced
Merger creates Beech-Nut Life
Pizza Hut chain begins in Kansas
Savers, Inc.
City
Jack Daniel’s whiskey acquired by
Brown-Forman
324
THE VALUE OF A DOLLAR Selected Income, 1955-1959
325
Selected Income, 1955-1959 THE VALUE OF A DOLLAR
Salesman New Orleans Settled married man, 25–35, with high school education,
Times-Picayune to represent one of the leading companies in its field; most
(1956) of our salesmen average over $400 per month; this is a
wonderful opportunityfor man who is willing to apply
himself and work hard to get ahead $60/wk and
commission
Switchmen Chicago Tribune $18.15/day
(1957)
Telephone Sales Chicago Tribune Men to handle incoming telephone orders 6 evenings a
(1957) wk, including Friday, Saturday, and Sunday; 37 1/2 hr wk;
ideal for intelligent neat appearing man in fifties who has
good telephone voice $1.65/hr
326
THE VALUE OF A DOLLAR Consumer Expenditures, 1955-1959
327
Investments, 1955-1959 THE VALUE OF A DOLLAR
INVESTMENTS 1955-1959
Investments 1955 1956 1957 1958 1959
COMMON STOCKS, CLOSING PRICE AND YIELD, FIRST BUSINESS DAY OF YEAR
(Parenthetical number is annual dividend in dollars)
Allis Chalmers 73 3/4 67 34 3/8 24 5/8 29 5/8
(4) (4) (2) (2) (1.25)
AT&T 175 1/4 180 171 1/2 170 225 1/2
(9) (9) (9) (9) (9)
American Tobacco 66 1/2 82 73 1/2 77 1/2 96 1/8
(3.40) (3.40) (4) (4) (4)
Anaconda 52 70 5/8 71 1/8 41 3/8 60 1/2
(3) (4.25) (5) (3.75) (/)
B&O 33 7/8 47 5/8 46 3/8 24 3/4 46 3/8
(1) (2) (2) (1) (1.50)
Bethlehem Steel 112 1/4 162 3/4 195 3/8 37 1/8 52 5/8
(4 for 1 split, 1/18/57) (5.75) (7.25) (8.50) (2.40) (2.40)
Corn Products 84 1/2 27 7/8 29 1/4 34 1/4 54 1/2
(3.60) (1.40) (1.50) (1.60) (2)
General Electric 48 1/4 56 3/4 59 5/8 60 7/8 78 3/4
(3 shares for 1 split, 5/5/54) (.40) (.50) (2) (2) (2)
General Motors 103 1/8 45 1/4 43 1/8 34 3/8 50 1/8
(3 shares for 1 split, 9/30/55) (5) (1) (2) (2) (2)
International Business Machines 360 404 530 302 529
(2 1/2% stock dividend, 1/27/56) (4) (4) (4) (2.40) (2.60)
(5 shares for 4 split, 5/14/56)
(2 shares for 1 split, 5/12/57)
(2 1/2% stock dividend, 1/28/59)
(1 1/2 shares for 1 split, 5/18/59)
Intl Harvester 37 7/8 36 1/4 38 28 1/8 41 3/8
(2) (3) (2) (2) (2)
National Biscuit 43 3/8 38 3/4 35 42 1/8 49 7/8
(2) (2) (2) (2) (2)
US Steel 75 56 5/8 71 52 1/2 96 1/4
(2 shares for 1 split, 6/2/55) (3) (1.43) (2.60) (3) (3)
Western Union 75 21 1/4 19 1/2 15 1/4 31 7/8
(4 shares for 1 split, 5/23/55) (3) (.25) (1) (.30) (1.20)
328
THE VALUE OF A DOLLAR Standard Jobs, 1955-1959
Average of All Industries, excl. farm labor $4224/yr $4445/yr $4657/yr $4818/yr $5069/yr
Average of All Industries, inc. farm labor $4128/yr $4342/yr $4546/yr $4707/yr $4965/yr
Bituminous Coal Mining $4470/yr $4858/yr $5086/yr $4809/yr $5274/yr
Building Trades $4607/yr $4914/yr $5120/yr $5305/yr $5498/yr
Domestics $1874/yr $1962/yr $2050/yr $2131/yr $2190/yr
Farm Labor $1498/yr $1578/yr $1657/yr $1690/yr $1742/yr
Federal Civilian $4801/yr $5025/yr $5203/yr $5781/yr $5852/yr
Federal Employees, Executive Depts. $3774/yr $3983/yr $4073/yr $4462/yr $4589/yr
Federal Military $3237/yr $3402/yr $3439/yr $3697/yr $3824/yr
Finance, Insurance, & Real Estate $4005/yr $4168/yr $4314/yr $4523/yr $4791/yr
Gas & Electricity Workers $4757/yr $5000/yr $5247/yr $5543/yr $5815/yr
Manufacturing, Durable Goods $4737/yr $4993/yr $5207/yr $5478/yr $5763/yr
Manufacturing, Nondurable Goods $4134/yr $4387/yr $4540/yr $4725/yr $4950/yr
Medical/Health Services Workers $2488/yr $2532/yr $2612/yr $2751/yr $2881/yr
Miscellaneous Manufacturing $3789/yr $4015/yr $4195/yr $4408/yr $4528/yr
Motion Picture Services $4330/yr $4587/yr $4745/yr $4940/yr $5315/yr
Nonprofit Org. Workers $3291/yr $3395/yr $3533/yr $3672/yr $3815/yr
Passenger Transportation Workers,
Local and Highway $4142/yr $4306/yr $4449/yr $4571/yr $4789/yr
Personal Services $2766/yr $2872/yr $2999/yr $3140/yr $3248/yr
Public School Teachers $3608/yr $3827/yr $4085/yr $4343/yr $4522/yr
Radio Broadcasting & Television Workers $6250/yr $6613/yr $6756/yr $7051/yr $7210/yr
Railroads $4701/yr $5085/yr $5416/yr $5836/yr $6099/yr
State and Local Govt. Workers $3447/yr $3564/yr $3747/yr $3958/yr $4152/yr
Telephone & Telegraph Workers $4153/yr $4298/yr $4471/yr $4707/yr $5091/yr
Wholesale and Retail Trade Workers $4616/yr $4883/yr $5119/yr $5294/yr $5558/yr
329
Food Basket, 1955-1959 THE VALUE OF A DOLLAR
Beef, Rib Roasts, per pound 1955 70.20¢ 75.60¢ 69.10¢ NR 80¢
1956 68.60¢ 76.80¢ 68¢ NR 80.30¢
1957 71.20¢ 80.90¢ 70.30¢ NR 86.30¢
1958 78.20¢ 87.10¢ 78.10¢ NR 94.10¢
1959 77.40¢ 87.80¢ 80.10¢ NR 95.90¢
Beef, Steaks (Round), per pound 1955 96.50¢ 92.10¢ 79.70¢ NR 87.20¢
1956 94.70¢ 89¢ 76.50¢ NR 86.90¢
1957 $1.004 92.4¢ 79.50¢ NR 93.40¢
1958 $1.118 $1.018 89.10¢ NR 98.90¢
1959 $1.165 $1.085 91.20¢ NR $1.045
330
THE VALUE OF A DOLLAR Food Basket, 1955-1959
332
THE VALUE OF A DOLLAR Selected Prices, 1955-1959
Alcohol
Bourbon Ben Arnold Co. Country Fair; bottled in bond; straight bourbon $4.88/fifth
Price List
(1955)
Gin Ben Arnold Co. Gordon’s $4.47/fifth
Price List
(1955)
Scotch Ben Arnold Co. Haig & Haig Pinch; 100% blended scotch $7.68/fifth
Price List
(1955)
Scotch Ben Arnold Co. Chivas Regal; 12 years old $8.06/fifth
Price List
(1955)
Vermouth Ben Arnold Co. Martini & Rossi; 16-oz bottle $1.54
Price List
(1955)
Vodka Ben Arnold Co. Smirnoff $5.23/fifth
Price List
(1955)
Whiskey Ben Arnold Co. Seagram’s $4.89/fifth
Price List
(1955)
Whiskey Ben Arnold Co. Seagram’s V.O. $6.43/fifth
Price List
(1955)
Whiskey Chicago Tribune Sunny Brook; Kentucky blend; cheerful as its name $4.30/fifth
(1955)
Apparel, Children’s
Camp Shorts Sears, Roebuck May be worn with or without attachable suspenders $1.94
(1958)
Dress Shirt Sears, Roebuck Cotton; with cufflinks, bow tie; grown-up styling for
(1958) little gentlemen $1.74
Jeans Sears, Roebuck Economy price; 10-oz vat dyed; blue denim $1.64
(1958)
Necktie Sears, Roebuck Redi-tied; junior size with slip knot and gripper fastener $0.94
(1958)
Raincoat Sears, Roebuck Ballerina; collar converts to cozy hood; elastic-hug waist,
(1958) roomy raglan sleeves $5.74
Shirt Good Housekeeping Tam O’Shanter Beau Brummel; with matching bow tie,
(1955) poplin boxer longies, and shirt; 3-piece set $4.98
Shoes Life Buster Brown; the shoes you were so proud of when
(1959) you were little are the same shoes that thrill youngsters
most today $5.99–$7.99
Shoes Life Brown’s Pedwin; young ideas in shoes $9.95
(1959)
Sweatshirt Boy’s Life Official Boy Scout; top-quality cotton yarn,
(1955) fleece-lined for extra warmth $1.95
Undershirt Sears, Roebuck Lighter weight; sleeveless vest; rib knit of white
(1958) combed cotton; package of three $1.11/pkg
333
Selected Prices, 1955-1959 THE VALUE OF A DOLLAR
Uniform Boy’s Life Boy Scout; summer; includes field cap, v-neck shirt,
(1955) shorts, web belt, stockings, handkerchief, and slide $8.97
Apparel, Men’s
Coat Life The Alligator Company; America’s most wanted
(1959) gabardine $42.75
Golf Jacket Life Dow Finsterwald; swing in comfort and style; lightweight
(1959) fabric of 65% dacron, 35% cotton $11.95
Hosiery Life Kayser-Roth Supp-Hose; the fashionably sheer way
(1959) to ease tired legs $4.95
Shirt Sears, Roebuck Hercules Snap-Front Model; SNAP—it’s open;
(1958) SNAP—it’s closed $2.34
Shirt Life Jayson; ready to wear $5.00
(1959)
Shirt Life Arrow; machine-washable, Sanforized fabric $5.00
(1959)
Shoes Good Housekeeping Arch Walker Corrective Step; the arch oxford that
(1955) cradles your foot $5.99–$8.99
Shoes Chicago Tribune Johnston Murphy; the newest concept in smart styling;
(1957) low, trim lines with slipperflex construction $32.95
Shoes Life Endicott Johnson Johnsonian Guide Step;
(1959) fit the feet in action $10.95–$14.95
Shoes Life Florsheim Perfecto; a sensationally new shade $19.95
(1959)
Shoes Life Rablee; executive-styled wingtip style; the shoe with
(1959) the open-collar feeling $17.95
Slacks Life Lancer; safeguarded with scotchgard, repels all stains $7.88–$12.88
(1959)
Socks Chicago Tribune Baskin Touch n’Tingle; unbelievably soft; dacron
(1957) and cotton $1.00
Socks Sears, Roebuck Double the wear of ordinary cotton socks;
(1958) in lots of six pairs $0.37/pr
Socks Life Esquire; governor style $1.00
(1959)
Stockings Life Burlington Hosiery; support; the fashionable answer
(1959) to leg fatigue $4.95
Suit Life Botany 500; suits and topcoats made for each other $59.50
(1959)
Suit Life Brookfield; 2 Pants, all wool $55.00
(1959)
Suit Life Brookfield; high-priced luxury; these suits look
(1959) every bit of $65 $39.95
Sweater Life Robert Bruce Magna Cross; boatneck pullover for men $8.98
(1959)
Topcoat Life Botany 500; suits and topcoats made for each other $59.50
(1959)
T-shirt Life Munsingwear; America’s finest T-shirt; crew neck $1.50
(1959)
Apparel, Women’s
Brassiere Good Housekeeping Warner’s Merry Widow; at the nicest stores here
(1955) and in Canada $5.95
Brassiere Good Housekeeping Playtex; made of elastic and nylon $3.95
(1955)
334
THE VALUE OF A DOLLAR Selected Prices, 1955-1959
Collectibles
Bowfront Bureau Antiques Israel Sack; circa 1780–1800, hepplewhite mahogany,
(1956) small bowfront bureau with retrained inlay, original $675
signature of maker, H. K. Dorsey
Clock Antiques Antique grandfather clock; 6’9” mahogany clock with
(1956) moon phases $345
Desk Antiques Slant top; circa 1775 Chippendale walnut desk,
(1956) bold ogee bracket feet $500
Punch Bowl Antiques Plummer Famille Rose; circa 1790 presented by
(1956) King George III, diameter 14 1/4” $950
335
Selected Prices, 1955-1959 THE VALUE OF A DOLLAR
Education
Dance Lessons New York Times Fred Astair Dance Club $25.00
(1956)
Entertainment
Ballet New York Times The Royal Danish Ballet $7.50
(1956)
Musical New York Times Shangri-La $7.50
(1956)
Musical New York Times Show Boat $1.10
(1956)
Play New York Times Uncle Vanya $3.85
(1956)
Entertainment, Home
Camera Life Kodak Pony II; 33 mm color; picture as brilliant
(1959) as autumn $29.50
Camera Life Graflex Century 35; combination viewfinder-range
(1959) finder permits framing $49.50
Camera Life Argus Match-Matic C-3; the color-slide camera you
(1959) can master in less than a minute $64.95
Loudspeakers Consumer Reports Acoustic Research AR-2; high-fidelity;
(1958) 13 1/2” x 24” x 11”; unfinished birch cabinet $89/pr
Loudspeakers Consumer Reports KLH; high fidelity $209
(1958)
Movie Projector Life Argus M-500; shows full 400-ft (half-hour-long) reels $89.95
(1959)
Organ Life Magnus 500 Electric Cord Organ; no lessons,
(1959) beautiful music the same day $129.95
Pocket Radio Consumer Reports Zenith Royall 500; seven-transistor $75.00
(1957)
Pocket Radio Consumer Reports Emerson 888; transistor; price varies by color $44–$48
(1957)
Record Life RCA Victor; Puccini, La Boheme; two-record set $9.98
(1959)
Refrigerator Life Western Auto Wizard; 80-lb freezer, roll-out shelf $259
(1959)
Stereo Life Webcor; panoramic sound; three stereo speakers;
(1959) powerful 8-watt amplifier $37.95–$399.95
Stereo Life Columbia Stereo I; the new sound of pleasure $129.95
(1959)
Television Life Zenith Lafayette Cabinet Model; includes space
(1959) command remote control—built right in $550
336
THE VALUE OF A DOLLAR Selected Prices, 1955-1959
Food Products
Baby Food Chicago Tribune Gerber’s; strained meat for babies; four 3 1/2 oz glasses $0.87
(1955)
Candy Boy’s Life Tootsie Roll; the ideal energy candy to take with you on
(1955) those long hikes $0.05
Chocolate Covered Chicago Tribune Brach’s; 13-oz box $0.55
Cherries (1955)
Chop Suey Sauce Chicago Tribune Fuji; two 3-oz bottles $0.19
(1955)
Creamer Good Housekeeping Instant Pream; 100% dairy product $0.25
(1955)
Drink Mix Boy’s Life Miracle Aid; makes cold drinks instantly;
(1955) 6 tempting fruit flavors; 3/4 oz pkg,
makes 1/2 gallon $0.05
Fruit Cocktail Chicago Tribune None-such; in heavy syrup; four 16-oz tins $0.93
(1955)
Macaroni Chicago Tribune Red Cross; elbow cut; three 7-oz packages $0.27
(1955)
Milk Cost of Living $0.60/quart
in Alaska
(1958)
Orange Juice Cost of Living $0.40/glass
in Alaska
(1958)
Pork and Beans Chicago Tribune Van Camps; in tomato sauce; two 15-oz tins $0.25
(1955)
Soft Drink Boy’s Life Lucky Pop Fizz Tablets; box of 150 drinks;
(1955) drop one carbonated flavor pill in an 8-oz glass,
in seconds a really refreshing soft drink $1.00
Furniture
Bedroom Set New York Times Hand rubbed walnut; brass inlays; 72”; 9-drawer
(1956) triple dresser; double chest; night tables; headboard $645
Bed Frame Life Harvard Frames; with plastic protecto-caps;
(1959) can’t tear bedding $12.95
Chair New York Times The Oslochair; 2 reversible innerspring cushions $39.95
(1956)
Chandelier Antiques Magazine Paul Crystal Bohemian; made of the finest crystal
(1956) in the world; height 23”, width 33”; has 12 arms $425
Lamp Good Housekeeping Johnny One-Light; with Velon shade;
(1955) firestone Velon literally lightens your life $11.95
Sofa New York Times Foamland; caned arm sofa; zippered covers $99.50
(1956)
Sofabed New York Times Foam rubber sofabed $69.95
(1956)
Step Stool Good Housekeeping Cosco Model 4–M; chromium or black legs with red,
(1955) yellow, green, charcoal, pink, or chartreuse upholstery $12.95
Table New York Times Rectangular $39.00
(1956)
Table New York Times Free form $59.00
(1956)
Table New York Times Butterfly $59.00
(1956)
337
Selected Prices, 1955-1959 THE VALUE OF A DOLLAR
Hotel Rates
Hotel Room Asheville Citizen Mount-Vue Motel $4/night
Times (Asheville, NC)
(1957)
Hotel Room Complete Guide Barnum Hotel; modern city hotel; 200 rooms,
to New England coffee shop, dining room $4.75/night
(1958)
Hotel Room Complete Guide Hotel Statler; Hartford, Connecticut; ultra-modern;
to New England all air conditioned with radio and TV
(1958) Single $7/night
Double $12/night
Hotel Room Complete Guide General Putnam Inn; Norwalk, Connecticut; small
to New England country inn, developed for colonial house; European $4/night
(1958) plan
Hotel Room Complete Guide Tremont Motor Court; New Haven, Connecticut;
to New England big, new, modern; 51 air-conditioned units,
(1958) TV, telephone $9.50/night
Hotel Room Complete Guide Harbor View Hotel; Bar Harbour, Maine; near waterfront
to New England and next to park; dining room and cocktail lounge;
(1958) single, in season $6/night
Hotel Room Complete Guide Bangor House; Bangor, Maine: commercial-type city
to New England hotel, 123 rooms, edge of business district;
(1958) single $3.75/night
Hotel Room Complete Guide Green Shutters Inn and Cottages; Boothbay
to New England Harbor, Maine; cottage resort, dining room features
(1958) New England dishes and seafood; modified
American plan; double $12/night
Hotel Room Complete Guide Hotel Eagle; Brunswick, Maine; celebrated resort estate,
to New England 2 notable dining rooms, Maine specialties, beach and
(1958) golf course adjacent; per person summer rates $12/night
Hotel Room Complete Guide Ritz-Carlton Hotel; Boston, Massachusetts; fashionable,
to New England luxurious, and quiet city hotel; main dining room; single $9/night
(1958)
Hotel Room Complete Guide Hotel Vendome; Boston, Massachusetts; transient and resi-
to New England dential; 225 rooms; Moulin Rouge supper club and French
(1958) room restaurant $5/night
Hotel Room Complete Guide Buzzards Bay Lodge; Buzzards Bay, Massachusetts; shore
to New England setting; 31 modern units, all double or suites, some with
(1958) TV, many with kitchenette; private beach and dock $8/night
Hotel Room Complete Guide Commander Hotel; Cambridge, Massachusetts; across com-
to New England mon from Harvard University; all rooms with TV, color TV
(1958) in apartments; dining room features French cooking
Single $6/night
Double $10/night
338
THE VALUE OF A DOLLAR Selected Prices, 1955-1959
Household Products
Blanket Good Housekeeping Chatham Double; warmer than blankets that cost almost
(1955) twice as much; the addition of fabulous Orlon to Purrey’s
patented weave $10.95
Can Opener Good Housekeeping Rival Can-O-Mat; most beautiful can opener made;
(1955) with magnet $6.98
Cleaner Good Housekeeping Glamorene Wool Rug Cleaner; made to dry-clean
(1955) rugs the easy, quick, modern way; 1/2 gallon;
cleans two 9’ x 12’ rugs $2.29
Coffee Maker Consumer Reports Percolator $16.88
(1958)
Coffee Maker Consumer Reports Cory; vacuum type $39.95
(1958)
Cooker Good Housekeeping Presto 700; cooks three times faster $12.95
(1955)
Deodorizer Chicago Tribune Colgate; aerosol $0.69
(1955)
Dishes Good Housekeeping International Molded Plastics Brookpark;
(1955) plastic non-chipping, non-breaking, modern design;
26-piece starter set, service for four $14.95
Fry Skillet Good Housekeeping Dominion; electric-automatic; masters every cooking
(1955) job better and easier $15.95
Grill Good Housekeeping Capri Roto-Broil 400; big 8-way rotisserie barbeque $79.95
(1955)
Hearth Life Kos-mark; ready-made; suitable for burning anything
(1959) from logs to love letters $250
Heater Life Arvin Model 5912; portable; electric; economized in
(1959) every way $12.95
Iron Life Western Auto Wizard; steam dry; fully automatic,
(1959) fingertip fabric selector $9.88
Ironing Board Cover Life Magla; silicone; add zip to your ironing $1.49
(1959)
Ironing Table Good Housekeeping Cream City Met-L-Top; the world’s most
(1955) comfortable ironing table $13.95
Kitchen Machine Good Housekeeping Rival Kitcheneer; all-in-one grinder, chopper,
(1955) slicer, shredder, grater, with interchangeable base $12.98
Kitchen Towels Good Housekeeping Startex; so many, many beautiful styles to choose from
(1955) that you’re sure to find just the right patterns
for your home $0.29–$0.49
Mattress Life Serta Perfect Sleeper; king size at no extra cost $79.50
(1959)
Mattress Life Simmons Beautyrest; the best costs the least $79.50
(1959)
Mop Good Housekeeping Twice the sponge surface; 5-year written guarantee $4.98
(1955)
Paint Good Housekeeping Sherwin-Williams Kem-tone; paint today,
(1955) sleep tight tonight; interior paint $5.59/gallon
Paneling Life Sammara Weldwood; the only thing expensive is its
(1959) looks; 12’ x 8’ wall, 70 panels $47.00
Photoflash Lamps Boy’s Life General Electric M2; no fuss, no fretting, and
(1955) they are sure-fire, even on weakened batteries $0.10
Pillows Sears, Roebuck Goose down; extra large, extra soft, and extra
(1958) comfortable $14.97
339
Selected Prices, 1955-1959 THE VALUE OF A DOLLAR
Vacuum Cleaner Good Housekeeping Eureka Super Roto-Matic; with zip-clip swivel-top and
(1955) new 4-wheel roto-dolly $69.95
Vacuum Cleaner Good Housekeeping Electrolux; world’s lightest-weight heavy duty cleaner $69.75
(1955)
Insurance Rates
Fire Insurance St. Paul Fire and $14,000 coverage on single-family dwelling $57.40/year
Marine Insurance Co.
(1957)
Jewelry
Chain Life Swank sterling silver; initial on golden tones $2.50
(1959)
Watch Boy’s Life Timex Boy Scout; American-made wrist watches with
(1955) top-quality features $9.95
Watch Life Bulova Royal Clipper; slim waterproof watches;
(1959) 17 jewels, self winding $59.50
Meals
Hamburger Associated Press Burger King Whopper $0.37
(1957)
Automobile Longworth and Lincoln Capri Custom; 2-door hardtop [cost in 1955] $3,752–$4,072
Robson, Complete
Book of
Collectible Cars
(1985)
Automobile Longworth and DeSoto Fireflite; 2-door hardtop [cost in 1956] $2,727–$3,615
Robson, Complete
Book of
Collectible Cars
(1985)
Automobile Longworth and Dodge D-500 Royall; convertible [cost in 1956] $2,632
Robson, Complete
Book of
Collectible Cars
(1985)
Automobile Longworth and Packard Caribbean; 2-door hardtop [cost in 1956] $5,495–$5,995
Robson, Complete
Book of
Collectible Cars
(1985)
Automobile Longworth and Plymouth Fury; 2-door hardtop [cost in 1956] $2,866
Robson, Complete
Book of
Collectible Cars
(1985)
Automobile Longworth and Rambler Rebel; 4-door hardtop [cost in 1957] $2,786
Robson, Complete
Book of
Collectible Cars
(1985)
Automobile Longworth and Ford Thunderbird; 2-door hardtop [cost in 1958] $3,631–$4,222
Robson, Complete
Book of
Collectible Cars
(1985)
Automobile Life Buick Opel Caravan Wagon; German made American $2,292.60
(1959) style
Musical Instruments
Accordion Chicago Tribune Renelli; 120-bass accordion with 41 treble keys,
(1957) 2 treble and 4 bass reeds, 2 treble switches; choice
of 3 colors, straps and case included; regularly $295 $189
Cornet Chicago Tribune Lyon Healy; big tone, easy response, gold-lacquered
(1957) finish; regularly $112.50 $99.50
Guitar Chicago Tribune Washburn; Spanish flat-top model with clear-grained
(1957) spruce top; regularly $35 $27.50
Other
Air Freshener Good Housekeeping Dazy Spray; costs less than expensive wicks or
(1955) throw-away bombs $0.49
Candygram Life Western Union Candygram; they’ll eat your words $2.95/pound
(1959)
Cat Food Chicago Tribune Puss N’Boots; three 8-oz cans $0.39
(1955)
Crystal Prisms Antiques Plan colonial; 7” overall $0.89
(1956)
Dye Good Housekeeping Rit; try Rit in your washing machine and amaze yourself $0.25
(1955)
Microscope Boy’s Life Hy-power; 100-200-300; 3-turret power $8.95
(1955)
Pen Life Listo; writes on cellophane and everything else $0.27
(1959)
Scale Good Housekeeping Health-O-Meter Model 117; the scale with a lift $8.95
(1955) West of Denver $9.45
Sun and Heat Lamp Sears, Roebuck Lets you enjoy the magic of sun-bathing indoors $72.93
(1958)
342
THE VALUE OF A DOLLAR Selected Prices, 1955-1959
Home Permanent Good Housekeeping Proctor & Gamble Lilt Party Curl; the only ammonia-
(1955) free children’s home permanent $1.50
Lipstick Good Housekeeping Cashmere Bouquet Rhythm-In-Red; stays crimson-bright
(1955) on your lips $0.49
Lotion Good Housekeeping Jergens; positively stops detergent hands $1.00
(1955)
Lotion Life Shulton Desert Flower; contains the very heart of lanolin $2.00
(1959)
Makeup Good Housekeeping Tangee; the miracle makeup; actually lets your $0.39/$0.69
(1955) skin breathe
Makeup Good Housekeeping Revlon Love-Pat; it’s pressed powder plus foundation;
(1955) with Lanolite $1.35
Makeup Life House of Westmore Tru-glo; liquid; America’s most
(1959) glamorous women applaud Tru-glo $0.39
Mouthwash Life Vi-Jon Antiseptic Mouthwash; for colds, sore throats,
(1959) bad breath; 16-oz family size bottle $0.74
Perfume Life Dorothy Gray Volate; incredibly feminine $5.00
(1959)
Razor Blades Life Pal Injector; 20 blades $0.79
(1959)
Shampoo Good Housekeeping Woodbury; for beautiful hair-dos right after shampooing $0.59
(1955)
Shaver Life Lady Norelco; rotary blades no hand setting $24.95
(1959)
Shaving Cream Life Shulton Old Spice; softens beard better than ordinary
(1959) push-button lathers; regular or mentholated $1.00
Publications
Book Boy’s Life Bruce Catton, Banners at Shenandoah, Doubleday;
(1955) Civil War action novel $3.00
Magazine Boy’s Life Boy’s Life; for all boys; monthly $0.25
(1955)
Magazine Antiques Antiques; monthly $0.75
(1956)
Magazine Life Life; weekly $0.25
(1959)
Real Estate
Bungalow Chicago Tribune For sale; two-bedroom expandable bungalow,
(1955) extra kitchen $14,500
House Chicago Tribune For sale; 4 bedrooms, 1/2 acre lot $34,000
(1955)
House Chicago Tribune For sale; bi-level home; only one left $17,950
(1955)
House Chicago Tribune For sale; four-bedroom frame, living room, dining room,
(1955) combination, gas heat, single garage $19,500
House Chicago Tribune For sale; three-bedroom, brick ranch; gas radiant heat,
(1955) vinyl tile, attic fan, 2-car garage, side drive $18,300
343
Selected Prices, 1955-1959 THE VALUE OF A DOLLAR
Studio Home Chicago Tribune For sale; terms or contract to qualified couple;
(1955) garden privileges; large first-floor work or storage area $5,500
Sports Equipment
Bait Casting Line Boy’s Life Cortland Cam-O-Flag; braided from nylon test 20 lbs;
(1955) 50 yds $1.30
Baseball Glove Boy’s Life Rawlings Little League Stan Musial $9.95
(1955)
Baseball Shoes Boy’s Life Rawlings; designed for action, molded
(1955) rubber soles and cleats $4.95
Bicycle Life Western Auto Western Flyer; 26”; features bold
(1959) Jet-Swept cantilever frame $64.95
Bicycle Light Boy’s Life Delta Electric Rocket Ray; you’ll think you’re ready
(1955) for a flight into space $2.40
Crow Call Boy’s Life Philips S. Olt V-16 Junior Model $1.50
(1955)
Knife Set Boy’s Life X-Acto-Inc. No. 82; includes 10 blades, two knives $4.20
(1955)
Lantern Boy’s Life Berkshire Designs Campers; burns with the brightness
(1955) of a 100-watt bulb for 7 hours $7.95
License Plate Boy’s Life Better Values; for bicycles; personalized with name or
(1955) nickname up to 8 letters $1.00
Outboard Motor Boy’s Life Evinrude; big twin aquasonic, standard model $430
(1955)
Outboard Motor Boy’s Life Johnson Motors Sea-horse 25; 25 HP; for the
(1955) lift of your life $430
Race Car Kit Boy’s Life Pinewood Derby; contains 8 pre-sawed blocks of clear
(1955) pine, plus axle supports, wheels, decals and instructions $2.75
Rifle Boy’s Life Harrington & Richardson Pioneer; .22 cal. bolt action
(1955) single shot rifle model 750 $17.95
Rifle Boy’s Life Remington Model 514; popular-priced;
(1955) shoots all 3-sizes of .22s $15.40
Spinning Tackle Boy’s Life Airex Larchmont; a light weight reel with a
(1955) precision quadrand brake $25.00
Stationary Bike Sears, Roebuck Home riding exercise $71.50
(1958)
Tobacco Products
Cigars Life Trend; mild little cigars blended with fine Havana;
(1959) you need not inhale to enjoy them; humidor
pack of 20 cigars $0.35
Lighter Life Zippo; highly polished durable chrome finish $4.75
(1959)
Toys
Doll Good Housekeeping Gerber Baby Doll; a-cuddle, sleep sweetly;
(1955) with 6 Gerber food labels $2.00
Remote Control New York Times Electric motor; eyes flash; arms swing back and
Robot (1956) forth; walks forward or backwards; all metal $2.78
344
THE VALUE OF A DOLLAR Selected Prices, 1955-1959
Toy Life Revell Dr. Seuss Zoo; we’re nutty and new;
(1959) set of three $3.98
Truck Life Buddy-L; Texaco tank truck; lay away for Christmas $3.50
(1959)
Travel & Transportation
Airfare Good Housekeeping TWA; from New York to London; TWA discount fares;
(1955) special discounts for couples
Round Trip $482
Ladies Accompanying Husbands $282
Airfare Chicago Tribune TWA; three non-stops to Los Angeles; fly the finest,
(1955) fly TWA $76.00
Railroad Fare Life Santa Fe Chicago to San Francisco $63.12
(1959)
Railroad Fare Life Santa Fe Railroad; an entire family of four can ride to
(1959) California and back from Chicago for less than it costs
to drive your own car $212.15
345
Miscellany, 1955-1959 THE VALUE OF A DOLLAR
MISCELLANY 1955-1959
Zsa Zsa Gabor
Just discovered why Zsa Zsa Gabor and her Chain Store Sales Show 15.6% Gain, Best In
daughter, Porfirio Rubirosa, the Herbert Six Years
Marshalls, Nina Foch, Cy Howard and Gloria Chain store sales in April registered the
Grahame, and Lauritz Melchior are having such a sharpest increase over volume of a year earlier
fine time in New York. When one of the richest since March, 1951, according to a survey com-
men in America invited them to his home in pleted yesterday by The New York Times.
Allensville, PA, for his annual New Year’s party in The gain for forty-four companies was 15.6 per
honor of his wife, he not only paid all their cent, as against 19 per cent in March, 1951. The
expenses but gave them an extra check to boot. It strong showing was attributed by company exec-
was Melchior’s third year, but Zsa Zsa claims she utives to the increase in Easter volume. With the
got the biggest bonus—$5,000—for being the holiday three weeks later this year than in 1956,
prettiest guest. the bulk of the seasonal trade came in April. Last
Hollywood entertaining was never like this. year it came in March.
Chicago Tribune, January 8, 1955 New York Times, May 14, 1957
346
1960-1979
The Vietnam War and the Global Economy
PRESIDENTS
John F. Kennedy* 1961-1963
Lyndon B. Johnson 1963-1969
Richard M. Nixon† 1969-1974
Gerald R. Ford 1974-1977
Jimmy Carter 1977-1981
* assassinated
† resigned
he 1960s and 1970s were full of hope, revolu- difficult to attract deposits as investors sought better
347
Background, 1960-1979 THE VALUE OF A DOLLAR
prices and wages created a combination of rising living loss of American prestige abroad. The collapse of
costs and recession known as stagflation. In 1979 the communism at the end of the 1980s brought an end
consumer price index rose 13.3 percent. The following to the old world order and set the stage for a realign-
year interest rates and inflation each hit 18 percent. ment of power in which America was still regarded as
The Cold War became hotter during conflicts the strongest nation in the world, but the definition of
over Cuba and Berlin in the early 1960s. Fears over power was expressed increasingly in economic
the international spread of Communism led to rather than military terms.
America’s intervention in a foreign conflict that The struggle to bring economic equality to blacks
would become a defining event of the decade: during the period produced massive government
Vietnam. Military involvement in this small Asian spending for school integration, especially in the
country grew from advisory status to full-scale war. 1960s. By 1963 the peaceful phase of the civil rights
Vietnam became a national obsession, producing in- movement ended; street violence, assassinations, and
flation and discontent. In spring 1970 students on 448 bombings marked the period. In 1967, forty-one cities
college campuses either staged campus strikes or experienced major disturbances, but by 1972 nearly
closed down their institutions. The war was the half of Southern black children sat in integrated class-
longest in American history; the total cost was $118 rooms, and about a third all of black families had risen
billion, 56,000 dead and 300,000 wounded, and the economically into the ranks of the middle class.
1960 $6.99
1963 $6.76
1965 $6.58
1967 $6.21
1969 $5.65
1970 $5.35
1973 $4.67
1975 $3.86
1977 $3.42
1979 $2.86
348
THE VALUE OF A DOLLAR Historical Snapshot, 1960-1964
HISTORICAL SNAPSHOT
1960-1964
1960 1962 1964
Organization of Petroleum Cuban missile crisis pits United Congress approves Tonkin Gulf
Exporting Companies (OPEC) States against Soviet Union resolution in North Vietnam
meets for first time President Kennedy reduces tariff Civil Rights bill approved
Coal supplies 45 percent of power duties to stimulate foreign trade Soviet coup strips Nikita Khrushev
needs Electronic Data Systems founded of power
Sprite introduced by Coca-Cola by H. Ross Perot 24th Amendment, making poll
Company 90 percent of households have at taxes unconstitutional, goes into
Laser perfected least one television set effect
Gross national product is $503 bil- American Broadcasting Company Studebaker-Packard Corporation
lion (ABC) begins color telecast for 3.5 makes seat belts standard equip-
More than 25 million taxpayers hours per week ment
declare incomes of $5,000 or more; Silent Spring by U. S. biologist Ford introduces Mustang
5.23 million claim $10,000 or more Rachel Carson published Gasoline prices are 30.3 cents per
Corporate mergers total 844 Diet-Rite Cola introduced as first gallon
Auto registrations show one pas- sugar-free soft drink Zip codes adopted by U.S. Post
senger car for every three Tab-opening aluminum drink cans Office
Americans introduced Sales through vending machines
Television plays a key role in the total $3.5 billion
Nixon-Kennedy presidential elec- 1963
tion President Kennedy assassinated;
Paperback book sales reach 300 Lyndon Johnson becomes President
million annually Congress enacts equal-pay-for-
10 percent of work force is on the equal-work legislation for women
farm Jersey Central Power and Light
Beef consumption reaches 99 installs first commercial nuclear
pounds a year per capita reactor
Enovid 10 contraceptive, known Two-thirds of the world’s automo-
widely as the Pill, sells for 55 cents biles are in United States
each, costing $11 per month Valium introduced by Roche
Laboratories
1961 U.S. factory workers average more
DNA genetic code broken than $100 weekly for first time
New York’s First National Bank Federal budget reaches nearly
offers fixed-term certificate of $100 billion
deposit First-class postal rates increase to
IBM Selectric typewriter introduced 5 cents per ounce
Merger creates Harper & Row Weight Watchers founded in
Cigarette makers spend $115 mil- Queens, NY
lion on television advertising Average per capita meat consump-
R. J. Reynolds acquires Pacific tion reaches 170.6 pounds; chicken
Hawaiian Products Company to consumption is 37.8 pounds
diversify
Canned pet foods are among the
three top-selling categories in gro-
cery stores
349
Selected Income, 1960-1964 THE VALUE OF A DOLLAR
350
THE VALUE OF A DOLLAR Selected Income, 1960-1964
Job Source Description Pay
Public Information Chicago Tribune Stable work background; no experience; under 50;
(1964) 37 1/2 -hour week $400/mo
Public Opinion New York Times Part-time; reliable men living in Manhattan needed for
Interviewing (1961) evening interviewing in Manhattan $1.75/hr
Recording Studio New York Times College graduate; work in classical music area $70/wk
(1961)
Route Runner Chicago Tribune Capable of handling part of our north-side vacation
(1962) routes with help of supervisor. Permanent position with
good chance for advancement. $140/wk plus
commission
Sales Minneapolis Pharmaceutical sales in St. Cloud, Fargo and St. Paul;
Morning Tribune pay includes car
(1964) Yearly salary $6,000
Sales Assistant Chicago Tribune To vice president; electrical or mechanical education;
(1964) will train to apply company products to OEM equipment $11,000–$13,500
Social Security San Bernardino Average Social Security payment at age 65; per month $127
(California)
Evening Telegram
(1963)
Tool and Dye Maker Chicago Tribune Job shop experience necessary; top pay;
(1964) best working conditions $110/wk
Trainee Chicago Tribune General factory; experienced; semiskilled $60–$120/wk
(1962)
Typist New York Times For publishing company
(1964) Per week $80
U.S. President Look Magazine Annual salary of President John F. Kennedy in 1961 $100,000
(1961)
Vets Chicago Tribune Many Loop positions now open; any armed forces
(1964) clerical, medical, or technical background qualifies;
excellent futures $375–
$450/mo
352
THE VALUE OF A DOLLAR Consumer Expenditures, 1960-1964
353
Investments, 1960-1964 THE VALUE OF A DOLLAR
INVESTMENTS 1960-1964
Investment 1960 1961 1962 1963 1964
COMMON STOCKS, CLOSING PRICE AND YIELD, FIRST BUSINESS DAY OF YEAR
(Parenthetical number is annual dividend in dollars)
Allis Chalmers 35 3/4 25 21 7/8 15 3/8 16 5/8
(2 for 1 split, 6/15/56) (1) (1.50) (1.25) (.75) (.50)
AT&T 80 3/8 103 1/2 133 5/8 115 139 1/2
(3 for 1 split, 4/24/59) (3.30) (3.30) (3.60) (3.60) (3.60)
American Tobacco 107 65 1/4 100 1/4 29 1/4 28 1/
(2 for 1 split, 4/7/60) (4) (2.30) (1.50) (1.50)
(2 for 1 split, 4/5/62)
Anaconda 64 7/8 44 1/8 49 1/21/2 41 48
(2.50) (2.50) (2.50) (2.50) (2.50)
Bethlehem Steel 56 3/8 41 43 29 32 1/2
(2.40) (2.40) (2.40) (1.50) (1.50)
B&O 41 1/4 28 5/8 22 3/8 29 1/8
(Merged with Chesapeake & Ohio) (1.50) (.60) (/) (/)
(B&O shares voluntarily exchanged for 1 share
Chessie Systems plus $1.69/share. Shares not exchanged by
5/7/74 were canceled and exchanged for 1 share Chessie Systems)
Corn Products 56 1/2 78 3/4 56 3/4 49 3/4 60 1/2
(2) (2.40) (1.30) (1.40) (1.50)
General Electric 96 5/8 72 1/4 74 3/4 76 3/8 86 3/4
(2) (2) (2) (2) (2.20)
General Motors 54 1/2 41 1/2 56 3/8 58 1/4 80 1/4
(2) (2) (2) (2) (4)
International Business Machines 437 582 1/2 572 384 3/4 517
(1 1/2 shares for 1 split, 5/16/61) (2.40) (3) (2.40) (3) (5)
(5 shares for 4 split, 5/15/64)
Intl Harvester 49 43 1/4 52 1/8 49 7/8 58 5/8
(2.40) (2.40) (2.40) (2.40) (2.40)
National Biscuit 55 1/2 72 1/2 85 43 1/2 57
(2 shares for 1 split, 5/11/62) (2.40) (2.80) (2.80) (1.50) (1.60)
US Steel 101 3/8 76 1/8 77 1/8 43 3/4 54 7/8
(3) (3) (3) (2.75) (2)
Western Union 50 1/8 40 39 3/4 27 32 3/8
(1.40) (1.40) (1.40) (1.40) (1.40)
354
THE VALUE OF A DOLLAR Standard Jobs, 1960-1964
355
Food Basket, 1960-1964 THE VALUE OF A DOLLAR
358
THE VALUE OF A DOLLAR Selected Prices, 1960-1964
Alcohol
Scotch New York Times Clan MacGregor Rare Scotch; 4/5 quart $4.79
(1964)
Whiskey New York Times Canadian Club Whiskey; full quart $7.85
(1964)
Apparel, Children’s
Blouse Ivey’s of Liberty; print cotton; Bermuda collar, roll sleeves;
Charlotte, NC cranberry or loden $4.00
(1963)
Blouse Ivey’s of Smarteens; print cotton blouse; red and blue on beige $3.00
Charlotte, NC
(1963)
Boy Scout Uniform Boy’s Life Complete uniform including field cap, shirt trousers,
(1962) web belt, cotton socks, one-color neckerchief, braided
slide, metal slide $10.75
Brassiere Ivey’s of Teenform Pretty Please Gro-Cup; helanca nylon
Charlotte, NC stretch lace cups $1.75
(1963)
Briefs Ivey’s of Atkinson; cotton knit for boys; fit smoothly with just
Charlotte, NC the right amount of snugness $2/3pr
(1963)
Coat Ivey’s of N.Y. Mackintosh; winter coat for girls;
Charlotte, NC with DuPont Orlon acrylic pile liner with full sleeves $18.00
(1963)
Coat Ivey’s of Atkinson; muted plaid; all-weather coat with an
Charlotte, NC iridescent gleam $23.00
(1963)
Cullotte Ivey’s of College Teens; wool flannel, in grey or camel $8.00
Charlotte, NC
(1963)
Dress Ivey’s of Little Star; plaid cotton dress; deep tones keep fresh
Charlotte, NC through hardest play; black watch or red plaids $5.00
(1963)
Duster Ivey’s of Pettirobe; printed quilted cotton;
Charlotte, NC a self-ruffle circles the collar cuffs $8.00
(1963)
Hat and Bag Sears, Roebuck Cotton velveteen $4.57
(1964)
Jumper Ivey’s of Maybro; madras-inspired wool jumper;
Charlotte, NC fashion-noted with a bateau neckline, self-belt $11.00
(1963)
Overalls Ivey’s of Kid-Bits; completely washable, long-wearing corduroy $3.00
Charlotte, NC
(1963)
Pajamas Sears, Roebuck Boys; here’s the whole TV gang: Deputy Dog,
(1964) Terry Bears, Pepiko Mouse $1.99
Parka Ivey’s of Walter Jerome of Tidykins; for girls;
Charlotte, NC reversible quilted nylon, filled with
(1963) ultra-warm Kodel polyester $23.00
Shirt Ivey’s of Atkinson; combed cotton; for teens;
Charlotte, NC tasteful good looks, just wash-n-wear $3.00
(1963)
359
Selected Prices, 1960-1964 THE VALUE OF A DOLLAR
Apparel, Men’s
Coat Time Forget wrinkles this fall; dacron is here $90.00
(1962)
Coat Sears, Roebuck Pile lining adds even more warmth $19.70
(1964)
Garters Sears, Roebuck Double grip $1.44
(1964)
Shirt Time Manhattan Mansmooth shirt; the no-iron 100 percent
(1960) cotton shirt that stays neat and wrinkle-free all day,
Each $5.00
Shirt Time Sir Pendleton; when leisure and dignity mix; 100 percent
(1960) virgin wool shirt with impeccable tailoring $17.50
360
THE VALUE OF A DOLLAR Selected Prices, 1960-1964
Shirt New York Times Silk and knit sportshirt; tailored for comfort $7.95
(1964)
Shirt Chicago Tribune Hathaway; the world’s coolest sportshirt $8.95
(1962)
Shirt Life Manhattan Golf; because it’s 65% dacron,
(1963) 35% combed cotton, it’s light; solids, iridescents, white $5.00
Shoes Chicago Tribune Johnston & Murphy; regularly $29.95 and $34.95 $21.90
(1962)
Shoes Chicago Tribune Johnston & Murphy; hand-sewn moccasins;
(1962) regularly $16.95 and $17.95 $10.90
Shoes Saturday Nunn-Bush; ankle-fashioning provides superior,
Evening Post tensile, coddling fit $19.95–$39.95
(1964)
Shoes Sears, Roebuck The priceless-looking wing-tip $21.70
(1964)
Slacks Sears, Roebuck Finely tailored all-wool worsted slacks $11.90
(1964)
Socks Life Supp-hose; how to be supported in style $4.95
(1960)
Suit Time Michaels, Stern & Company; gray worsted plaid suit $80.00
(1960)
Suit Time Worsted-Tex; the 10-monther suit; all-climate suit $69.50
(1961)
Suit Time Wrinkles are now obsolete for fall; and dacron did it $90.00
(1962)
Apparel, Women’s
Blazer Life McGregor Meteor; lined with batik-printed cotton $25.95
(1961)
Brassiere Life Formfit; lifts me lovely, and ends under-cup curl-up
(1961) forever $3.00
Dress Seventeen DuPont 100% Dacon polyester fiber dress; upkeep
(1960) is almost non-existent $20.00
Dress Seventeen Lord & Taylor dress; the dating costume in pure silk
(1960) print; junior sizes 5 to 15 $24.95
Dress Chicago Tribune Miller’s Fashion Plate; a divine shirtdress of exquisite
(1962) dacron and cotton; newest Italian collar; price includes
3-letter monogram $14.95
Dress Chicago Tribune Norman; cool-as-a-garden patio casual $6.00
(1962)
Dress Sears, Roebuck The positive flair for after five $22.00
(1964)
Dress Life Macy’s; navy; flare-skirted, trimmed with gold braid $120
(1964)
Hair Bow Sears, Roebuck Double-fabric cotton and rayon grosgrain $1.00
(1964)
Hat Sears, Roebuck Pleated pillbox; veil $3.97
(1964)
Purse Seventeen Princess Gardner French Purse; made of lustrous
(1960) leather $5.00
Shoes Minneapolis QualiCraft Dress Shoes; lots of styles $2.99
Morning Tribune
(1964)
Socks Seventeen Adler worsted wool knee high socks $2.00
(1960)
Shoe Cover Life Rain Dears; for all but spike heels $2.00
(1960)
Slacks Life McGregor Meteor; a terrific blend of 50% dacron
(1961) polyester and 50% cotton $10.00
361
Selected Prices, 1960-1964 THE VALUE OF A DOLLAR
Appliances
Air Conditioner Chicago Tribune Admiral; 5800 btu $158
(1962)
Air Conditioner Chicago Tribune Kelvinator 6700 btu; 7 1⁄2 amp $169
(1962)
Air Conditioner New York Times RCA Whirlpool Air Conditioners; 1 HP, 7 1⁄2 AMP $179
(1964)
Dryer Minneapolis Hamilton Gas Dryer; ideal for all fabrics $188
Morning Tribune
(1964)
Hot Water Heater Sears, Roebuck Gas-type burner, oil fired; 30-gal glass lined tank $229.95
(1964)
Humidifier Minneapolis Air King humidifier; sends out fresh air to many rooms;
Morning Tribune includes extra-large 346 cubic inch filter $49.00
(1964)
Mixer The Saturday Sunbeam’s Deluxe Mixmaster Mixer; the quality
Evening Post mixer that does everything $49.95
(1961)
Portable Radio Seventeen Zenith’s Royal 50; the smallest pocket radio plays up to
(1960) 75 hours on 40 cents worth of batteries $29.95
Refrigerator Chicago Tribune Admiral; 11.1 cu ft; no money down—only $1.50 a week $158.88
(1964)
Refrigerator San Bernardino Frigidaire Frostproof Refrigerator; absolutely no frost,
(California) no defrosting, 162 lb. Freezer
Evening Telegram Easy Terms $478.88
(1963)
Stove San Bernardino Modern Maid Gas Cook-Top; drop-in type with thermal
(California) eye top 28” x 21” $72.20
Evening Telegram
(1963)
Stove Sears, Roebuck Automatic from top to bottom $249.95
(1964)
Baby Products
Bath Set Sears, Roebuck Attaches firmly to tub with 4 suction cups
(1964) for bath-time safety $2.57
Car Seat Sears, Roebuck Extra-safe style made of strong flexible,
(1964) high impact styrene $6.95
Doll San Bernardino Baby Doll in Cradle; 15” fully jointed doll with rooted
(California) hair and moving eyes; regular $5.98 $3.99
Evening Telegram
(1963)
Feeding Set Sears, Roebuck 3-piece; features the Flintstones; will delight any child $1.99
(1964)
362
THE VALUE OF A DOLLAR Selected Prices, 1960-1964
Entertainment, Home
Board Game San Bernardino Parker Brothers Monopoly; fun for all $3.33
(California)
Evening Telegram
(1963)
Camera Boy’s Life Kodak Brownie Super 27; includes camera, neck strap,
(1963) flash bulbs, batteries, film, instruction book $22.00
Camera Chicago Tribune Bell and Howell Canon 7; F/1.8 lens $149.50
(1964)
Camera Chicago Tribune Polaroid 100 $99.95
(1964)
Camera The Saturday Kodak; The Brownie Starmite Camera; most compact
Evening Post camera with built-in flash ever offered $12.00
(1961)
Hi-Fi Seventeen Webcor Hi-Fi Fonografs; with the record changer that
(1960) keeps things going $29.95
High-Fi Time Stereophonic Console Phonograph; The Voice of Music;
(1961) preserve the natural musical beauty of the live
performance $350
Movie Camera Popular Mechanics Kodak Electric 8; automatic; no lens setting, an electric
(1962) eye automatically adjusts the super-fast F/1.6 lens
to the light $1,000
Projector Time Keystone; 8mm movie projector with motorized action-
(1960) editor; with case $220
Radio New York Times Emerson Clock Radio; wakes you to music; 5 tube
(1964) chassis for crisp, clear highs, resonant lows $19.88
Record Chicago Tribune Peter, Paul & Mary $1.77
(1964)
Record Chicago Tribune Ella Fitzgerald $2.77
(1964)
Record Chicago Tribune Leontyne Price $2.77
(1964)
Record Club Life Columbia Record Club; any 5 records, regular or stereo $1.97
(1960)
Stereo Saturday Admiral Playmate; full-automatic phonograph with a
Evening Post long-distance radio $59.95
(1964)
Stereo Sears, Roebuck Four great speakers create a living wall of sound $124.95
(1964)
Stereo Phonograph Time Magnavox Imperial Classic; stereophonic high fidelity
(1960) phonograph with superb FM/AM radio $650
Stereo Theater Life Magnavox Broadway; superb stereophonic high fidelity;
(1961) big optically filtered 23” television, FM/AM radio;
automatic record player $495
364
THE VALUE OF A DOLLAR Selected Prices, 1960-1964
Tape Recorder Time RCA Victor; tape cartridge recorder; ends forever
(1962) the loose tape worries of conventional reel to reel
recorders $99.95
Tape Recorder Time Webcor Regent Cornet; professionally engineered for
(1960) three-speed, 4-track stereo (and monaural) record and
playback $139.95
Television Sears, Roebuck All channel; 19” with VHF remote control $179.95
(1964)
Television Life General Electric; portable; black and white;
(1964) 12-lb personal portable with 11” screen $99.95
Television Chicago Tribune General Electric; 23” console; with lifetime circuit
(1964) board guarantee $179.88
Television Chicago Tribune General Electric; 19” portable $139.95
(1964)
Food Products
Apples Greenville News Red Delicious $0.10/lb
(Greenville, SC)
(1963)
Baby Food Chicago Tribune Clapp’s; what a variety to choose from;
(1962) you can keep baby healthy ’n happy with all
kinds of meal variety; 4-oz jar $0.25/3
Baby Food San Bernardino Beech-Nut Strained Baby Food
(California) 3 jars for $0.29
Evening Telegram
(1963)
Bacon Chicago Tribune Corn King; fresh corn-country flavor $0.49/lb
(1962)
Baked Beans Chicago Tribune Heinz Pork and Beans; for outdoor suppers $0.12
(1962)
Bananas Minneapolis Golden Ripe Bananas,
Morning Tribune per pound $0.10
(1964)
Bologna Minneapolis Swift’s Premium Large Bologna by the piece; per pound $0.39
Morning Tribune
(1964)
Bread Greenville News Big Star; 14 oz; sandwich bread; per loaf $0.19
(Greenville, SC)
(1963)
Butter Minneapolis Land O’ Lakes Sweet Cream Butter; l pound carton $0.69
Morning Tribune
(1964)
Cake Mix Minneapolis Pillsbury Cake Mixes; 4 packages $1.00
Morning Tribune
(1964)
Catsup Chicago Tribune Hunt’s; a tangy sauce for picnic foods; 14-oz bottle $0.39/2
(1962)
Cheese Minneapolis Bongards’ Natural Cheddar Cheese; 2 pound package $0.89
Morning Tribune
(1964)
Coffee Greenville News Maxwell House $0.38/lb
(Greenville, SC)
(1963)
Crackers Chicago Tribune Nabisco; 16-oz package $0.25
(1964)
Dates San Bernardino Mac’s Date Shop; new crop
(California) 3 pounds $0.98
Evening Telegram
(1963)
365
Selected Prices, 1960-1964 THE VALUE OF A DOLLAR
Furniture
Bed Greenville News Cherry poster; spool bed; double size $89.99
(Greenville, SC)
(1963)
Bed Sears, Roebuck Triple decker bunk $149.95
(1964)
Bed Sears, Roebuck Colonial divan; cloud soft comfort;
(1964) becomes 72” x 53” bed $194.95
Cigarette Table Sears, Roebuck Cut from the central core of the walnut tree $28.95
(1964)
Desk Greenville News Ethan Allen; dresser desk; 4’ 8”; 4 drawer $85.60
(Greenville, SC)
(1963)
Lounge Chicago Tribune Estee Sleep Shops; our popular Empress foam lounge;
(1964) not the skinny lounges you’ve seen at this price but a
full 30” x 74” foam cushion; 4” thick $49.88
Patio Umbrella New York Times Giant 8-foot lawn umbrella with automatic lift $29.95
(1964)
Sofa Greenville News Custom Built Furniture; demand to be shown the U.S.
(Greenville, SC) Naugahyde trademark seal on the back of the fabric
(1963) you are buying $19.97
Sofa Greenville News Kirby Quinn; walnut; modern; purple; list $182 $139.99
(Greenville, SC)
(1963)
Hotel Rates
Room Rate San Bernardino Clark Hotel, Los Angeles; central location
(California) Per day $5.00
Evening Telegram
(1963)
Room Rate Time Essex House on the Park; make this executive suite
(1960) your office in New York; per night
Single from $16.00
Double from $20.00
Executive Suites from $30.00
Household Products
Baby Walker New York Times Dennis Mitchell Baby Walker; extra-wide wheel base $5.99
(1964)
367
Selected Prices, 1960-1964 THE VALUE OF A DOLLAR
Jewelry
Bracelet Sears, Roebuck From West Germany $3.30
(1964)
Jewelry Box Seventeen Mele Jewel Case; the Pandora, the ultimate in luxury $19.98
(1960)
Necklace Chicago Tribune Pakula; new year-round tones; browns, blues,
(1962) greens, orange; in a three-strand Cleopatra choker $3.00
Necklace Sears, Roebuck Gold-color metal, intriguing textured balls strung on
(1964) supple chain $5.50
Ring New York Times Lambert Brothers oval diamond engagement ring $350
(1964)
Watch San Bernardino Timex Wrist Watch; ladies’ and men’s $6.95 to $39.95
(California)
Evening Telegram
(1963)
Watch Time Omega Ladymatic watch with stainless steel case,
(1960) water and shock resistant $115
Watch Seventeen Bulova Senator Watch; 17 jewels; shock-resistant $35.75
(1960)
Watch Boy’s Life Timex; Boy Scout wrist watch; takes a licking
(1962) and keeps on ticking $9.95
Watch Saturday Evening Longines Admiral Jubilee; 5-star Admiral
Post automatic watch $125
(1964)
Watch Saturday Evening Longines-Wittnauer; with the world’s most advanced,
Post self-powered wrist watch movement $125
(1964)
Watch Sears, Roebuck Barbie’s picture is on the dial, a reminder of
(1964) her favorite doll $8.95
Meals
Breakfast Chicago Tribune Walgreens Cafeterias; this week’s breakfast buy;
(1962) 2 hot cakes, 2 strips bacon, and maple syrup $0.33
Dinner San Bernardino San Franciscan Steak House; family buffet Thanksgiving
(California) dinner; roast young Tom turkey and ham
Evening Telegram Adults $2.50
(1963) Children $1.50
Dinner San Bernardino B&B Rancho; broiled steak and lobster combination $3.25
(California)
Evening Telegram
(1963)
Dinner Theatre New York Times Restaurant Voisin; dinner menu and courtesy limousine
(1964) service to theatre
Prix-Fixe Price $9.50
Lunch Chicago Tribune Walgreens Cafeterias; delicious home-cooked flavor;
(1962) chicken pot pie with garden vegetables under a flaky
crust $0.49
Lunch San Bernardino Taco Aqui; taco, tostada and beans $0.50
(California) Tacos, 5 for $0.95
Evening Telegram
(1963)
Umbrella Ivey’s of Your little girl’s name personalized on the handle $3.00
Charlotte, NC
(1963)
Wood Minneapolis Dry firewood; per stove cord $11.00
Morning Tribune
(1964)
Publications
Book Hobbies New Manual of Model Ship-Building by P. M. Wright $6.95
(1963)
Book Time Victory in the Pacific by Samuel Eliot Morison; Atlantic-
(1960) Little-Brown, publisher $6.50
Dictionary Time Webster’s New World Dictionary; 142,000 entries,
(1961) 1,760 pages $5.57
Magazine Life Life Magazine; weekly $0.20
(1961)
Magazine Boy’s Life Boy’s Life; monthly $0.25
(1962)
Time Magazine Time The Weekly News Magazine
(1960) Per issue $0.25
Per Year $7.00
Real Estate
Apartment San Bernardino Clean bachelor apartment completely furnished;
(California) Civic Center location
Evening Telegram Per month $57.50
(1963)
Apartment San Bernardino Starlite Apartments; new two-bedroom units; colored
(California) fixtures in kitchen, snack bar, carpet and drapes $127.50
Evening Telegram
(1963)
Apartment Chicago Tribune For rent; 3 1⁄2 rooms; gas included; newly decorated;
(1964) near Lincoln Park golf course $110/mo
Apartment Chicago Tribune For rent; 5 rooms, 2 bedrooms $135/mo
(1964)
Apartment Building New York Times East Bronx five-story walk-up; 16 apartments, 83 rooms;
(1964) rent $12,725 $49,000
Apartment Building Chicago Tribune For sale; deluxe 3 flats; excellent income property at
(1964) this preopening price for a limited time only $47,500
Cooperative New York Times Apartments of 3 1/2, 4, 5, 6 rooms; some terraces;
Apartment (1964) centrally air conditioned; gas and electric
Priced from $16,250
Cottage Chicago Tribune For sale; Valparaiso, Indiana; on choice, spectacular
(1962) lakefront; nice summer cottage; 72’ x 30’; full basement,
private parking lot and boat; completely furnished;
cash or contract $7,850
Home New York Times Bucks County, Pennsylvania summer home; knotty pine;
(1964) 3 bedrooms; modern conveniences; good fishing $3,600
House Chicago Tribune For rent; 3 bedrooms, 1 bath, attached garage $125/mo
(1962)
House San Bernardino Raintree Valley View Homes; near College site in
(California) North San Bernardino; 4 bedrooms $17,100
Evening Telegram
(1963)
Land Greenville News For sale; 55 acres, highway 296, near Five Forks,
(Greenville, SC) 1,700 ft river frontage; lovely open land, passenger
(1963) and wooded area; Greenville, South Carolina area $9,950
Lot Chicago Tribune For sale; 1/2 acre corner; paved streets; close in;
(1962) nice homes in area; terms $1,900
Mobile Home San Bernardino Great Lakes home; Belmont; two-bedroom, 10’ x 50 $3,895
(California)
Evening Telegram
(1963)
Townhome Chicago Tribune For rent; 2 bedrooms $106/mo
(1962)
374
THE VALUE OF A DOLLAR Selected Prices, 1960-1964
376
THE VALUE OF A DOLLAR Miscellany, 1960-1964
MISCELLANY 1960-1964
People investor who bought $1,000 worth of Fairchild
To help raise money for taxes, friends of the stock when it was selling at its 1958 low of 19 1/2,
London Library put several prized manuscripts and held onto it, last week would have had nearly
on the block of a local auctioneer. The final hand- $18,000 worth of stock. Fairchild makes a long list
written draft of A Passage to India, the great West- of imaginative products, ranging from a new sili-
confronts-East novel by E. M. Forster, was con superconductor to the first 8-mm. home
knocked down for $18,200—said to be the highest sound motion-picture camera. It is one of the
price ever paid for a living author’s manuscript. Street’s most cherished buys, ranking with such
The buyer, a Manhattan rare books dealer, also rapid risers as Texas Instruments (72 1/8 to
picked up (for another client) a hand copy of T. S. 214 1/4 in 18 months), Polaroid (97 1/4 to
Eliot’s The Wasteland, faithfully duplicated by the 245 1/2) and Universal Match (46 1/4 to 271 1/8
poet in his own script because the original—last on a presplit basis).
seen many years ago in Manhattan—is missing Time, July 25, 1960
and presumed lost. Price: $7,840.
Time, July 4, 1960 N.Y.U. Operating Giant Computer; $3,000,000
Device Digests 750,000 Facts a Second
Plenty of Sugar The Courant Institute of Mathematical Sciences
When President Eisenhower last week decided at New York University has begun operating an
to give Fidel Castro his lumps, he set off a flurry IBM 7090—the most powerful computer in use at
of excitement on the New York Coffee and Sugar any Eastern university.
Exchange, clearinghouse for much of the world’s The computer, which cost $3,000,000, will be
sugar. Just before Ike announced a slash of used by the Atomic Energy Commission’s
700,000 tons in the amount of sugar that the U.S. Computing and Applied Mathematics Center at
would buy from Cuba during the rest of 1960, N.Y.U., as well as by scientists and institutions
world sugar prices dropped 3 to 8 points, i.e., engaged in basic and applied mathematical
hundredths of a cent a pound, in expectation of research.
the cut—and in fear that Cuba would dump its New York Times, November 2, 1961
surplus sugar on the world market. Instead, Cuba
raised its minimum export price from $3 to $3.25 Liquor Revenues Rose 4.6% In Year
a hundred pounds in an effort to recover part of Governmental revenues from alcoholic bever-
its losses on sugar sales. Thereupon, in heavy ages in 1961 came to $4,687,872,807, or 4.6 per
trading world sugar futures shot up again, only to cent above the level of 1960, and brought the
level off at week’s end. total collected since Repeal twenty-eight years
Time, July 18, 1960 before, to 76,747,276,116. The report noted that
the Federal excise tax on distilled spirits is $10.50
The Yankee Tinkerers a gallon and on beer, $9 a barrel of thirty-one gal-
The most fascinating phenomenon on Wall lons. The tax on a still wine gallon is as follows:
Street these days is the spectacular rise of the Wine not over 14 per cent alcohol by volume, 17
growth and glamour stocks. For investors who cents; more than 14 and not exceeding 21 per
know how to choose well, they have made some cent, 67 cents; over 21 and not exceeding 24 per
tidy profits. They have also created a new class cent, $2.25.
of management millionaires who rank with the New York Times, September 2, 1962
Rockefellers and the big rich of Texas, and who
prove that—despite high taxes—it is still quite
possible in the U.S. to get impressively rich in a
short time.
Among listed growth stocks, none has risen
faster than one that appears on the ticker tape as
FAV—the Fairchild Camera & Instrument Corp. An
377
Miscellany, 1960-1964 THE VALUE OF A DOLLAR
MISCELLANY 1960-1964
Greenwich Homes’ Cost Highest In
Connecticut
The median value of one-family homes in this
town was the highest in the state in 1960, accord-
ing to a survey by the Connecticut Department of
Public Works.
The survey was based on owner estimates in
the 1960 census. It showed that the median
value—midpoint between the upper and lower
halves—of Greenwich homes was $32,800. The
town of Woodridge in New Haven County was
second with a median value of $30,600.
Other Fairfield County figures were:
New Canaan $26,862;
Darien $26,298;
Westport $26,082;
Weston and Wilton $25,000;
Stamford $23,800;
Norwalk $20,600;
Bridgeport $16,000;
Bethel $15,376.
New York Times, September 2, 1962
378
THE VALUE OF A DOLLAR Historical Snapshot, 1965-1969
HISTORICAL SNAPSHOT
1965-1969
1965 Taster’s Choice freeze-dried Volkswagen captures 57 percent of
Vietnam War intensifies instant coffee introduced U.S. import market
President Lyndon Johnson’s “Great Oil discovered on Alaska’s North
Society” plan unveiled 1967 Slope
Americans buy $60 million worth 2,975 corporate mergers occur Television advertising revenues hit
of prescription weight-loss drugs 41 percent of nonwhite families $2 billion, twice that of radio
Production of soft-top convertibles make less than $3,000 annually First-class postage rates climb to 6
peaks at 507,000 New York World Journal & Tribune cents
Avis Rent-A-Car acquired by closes; Rolling Stone magazine Uniform Monday Holiday Law
International Telephone and founded enacted by Congress, creating
Telegraph 2.7 million Americans receive food 3-day holiday weekend
Saint Louis’s Gateway Arch completed stamp assistance Average farm subsidy is nearly
Nearly 10,000 farmers receive $1,000
1,250-room Washington Hilton
opens in Washington, D.C. more than $20,000 each in subsi-
U.S. immigration bill abolishes
dies 1969
national origin quotas Annual beef consumption reaches Neil Armstrong walks on moon
105.6 pounds Average U.S. automobile whole-
1966 Burger King Corporation acquired sales at $2,280
by Pillsbury Corporation Panty hose production reaches
Student Protest against Vietnam
War begins U.S. population passes 200 million 624 million pairs, up from 200 mil-
lion in 1968
National Organization for Women
(NOW) is founded 1968 Average U.S. farm produces
Vietnam War and protests in- enough food for 47 people
Largest year-to-year rise in cost of
living since 1958 announced—2.8 tensify Blue Cross health insurance cov-
percent Richard Nixon elected president ers 68 million Americans
2,377 corporate mergers take place 4,462 corporate mergers take Penthouse magazine begins publi-
place cation; Saturday Evening Post folds
New York subway fares rise to 20
cents BankAmericard holders number 14 National Association of
million, up 12 million in two years Broadcasters begins cigarette
Per capita consumption of
Automobile production reaches advertising phaseout
processed potatoes reaches 44.2
pounds per year 8.8 million
379
Selected Income, 1965-1969 THE VALUE OF A DOLLAR
Teletype New York Times Days or nights; light experience and ability to read tape $450/mo
(1965)
Tour Clerk Chicago Tribune $85/wk
(1966)
Trainee Chicago Tribune Learn new products tests; high school enough $435/wk
(1966)
Troubleshooter Chicago Tribune All around the plant into everybody’s hair, training
(1968) everywhere! $110–$160/wk
TV Station Chicago Tribune HURRY this choice position will not last long;
Receptionist (1966) meet and greet TV stars, help answer fan mail and be
on the inside of the television world $400/mo
TV Trainee New York Times Job future; join #1 TV company; reach management fast $5,200/yr
(1965)
Typist Chicago Tribune Any typing; hunt and peck, slow or fast; if you type at all
(1966) we have the jobs right now $90/wk
Typist Chicago Tribune TV-Radio Studio; long-term assignment to start
(1968) immediately $3/hour
Wall Street New York Times MBA preferable for wholesaling $9,000/yr
Sales Trainee (1965)
Writers Time Daily rate of Presidential historians assigned the task
(1968) of recording President Lyndon Johnson’s
accomplishments $50
382
THE VALUE OF A DOLLAR Consumer Expenditures, 1965-1969
383
Investments, 1965-1969 THE VALUE OF A DOLLAR
INVESTMENTS 1965-1969
Investment 1965 1966 1967 1968 1969
Basic Yield, One-year Corporate Bonds 4.14 5.00 5.29 6.29 7.05
Short-term Interest Rates, 4–6 Months,
Prime Commercial Paper 4.38 5.55 5.10 5.90 7.83
Basic Yield, Common Stocks, Total 3.06 3.57 3.35 3.22 3.42
Index of Common Stocks (Moody’s) 21.03 13.66 6.93 8.96 9.84
COMMON STOCKS, CLOSING PRICE AND YIELD, FIRST BUSINESS DAY OF YEAR
(Parenthetical number is annual dividend in dollars)
Allis Chalmers 19 5/8 33 1/8 21 7/8 35 3/4 30 1/2
(.50) (.75) (1) (1) (1)
AT&T 69 1/2 61 1/2 54 3/8 51 5/8 53 1/2
(2 for 1 split 5/28/64) (2) (2.20) (2.20) (2.40) (2.40)
American Tobacco 33 7/8 36 1/2 31 3/4 32 1/4 39
(1.60) (1.70) (1.80) (1.80) (1.90)
Anaconda 52 3/4 84 1/8 81 1/2 47 3/8 64
(split 2 shares for 1, 6/9/67) (2.50) (3.75) (5) (1.25) (2.50)
Bethlehem Steel 35 39 7/8 30 3/8 33 1/2 31 1/4
(1.50) (1.50) (1.50) (1.50) (1.60)
Corn Products 54 3/4 53 46 3/8 40 1/2 42 5/8
(1.50) (1.60) (1.70) (1.70) (1.70)
Delta Air Lines 61 1/4 70 1/2 116 1/8 33 7/8 36 1/2
(2 for 1 split 12/13/65) (1.60) (1) (1) (.40) (.40)
(3 for 1 split 11/16/67)
General Electric 91 1/8 116 7/8 89 95 5/8 94 7/8
(2.20) (2.60) (2.60) (2.60) (2.60)
General Motors 95 3/8 102 5/8 68 7/8 82 3/4 80 1/8
(4.45) (5.20) (4.55) (3.80) (4.30)
International Business Machines 405 1/8 493 1/2 369 613 1/2 313 3/4
(3 shares for 2 split, 5/17/66) (5) (6) (4.40) (4.40) (2.60)
(2 1/2% stock dividend, 6/10/67)
(2 shares for 1 split, 5/23)
Intl Harvester 74 1/8 45 3/4 34 7/8 35 5/8 37 1/8
(2 shares for 1 split, 4/9/65) (2.80) (1.50) (1.80) (1.80) (1.80)
National Biscuit 58 3/8 54 3/8 47 43 1/2 50 1/8
(1.70) (1.80) (1.90) (2) (2.10)
U.S. Steel 50 3/4 51 7/8 38 1/2 42 1/8 43 1/2
(2) (2) (2.40) (2.40) (2.40)
Western Union 30 3/8 49 1/2 37 36 3/4 42 7/8
(1.40) (1.40) (1.40) (1.40) (1.40)
384
THE VALUE OF A DOLLAR Standard Jobs, 1965-1969
385
Food Basket, 1965-1969 THE VALUE OF A DOLLAR
387
Selected Prices, 1965-1969 THE VALUE OF A DOLLAR
Alcohol
Beer Chicago Tribune Schlitz; 12-oz quick chill cans; 6 pack $0.99
(1968)
Rum Chicago Tribune Virgin Island Brugal; choice of dark or light $2.98/fth
(1968)
Scotch New York Times Clan MacGregor Rare Scotch; light and smooth
(1965) Full quart $6.19
Whiskey New York Times Four Roses Blended Whiskey; per fifth sized bottle $4.99
(1965)
Apparel, Children’s
Briefs Life Fruit of the Loom; dacron and cotton is what makes
(1969) our golden line of underwear the buy it is; package of 3 $2.65
Clothing Sears, Roebuck Sports set; yellow broadcloth blouse with shoulder
(1967) epaulet; navy-and-white-striped denim culottes $5.97
Dancing Shoes Sears, Roebuck Sparking; tap shoe $5.77
(1967)
Dress New York Times High-waisted sundress with bright carrot appliqués
(1965) across the front $12
Shorts Sears, Roebuck One low price for three pairs of smart snappy play shorts $2.97
(1967)
Slip Sears, Roebuck Magic Grow; packages of three; white cotton percale;
(1967) one with nylon lace and schiffli embroidery; two with
schiffli embroidery $2.97
Apparel, Men’s
Boots Sears, Roebuck Cowboy; olive-brown 12” boot has fine water-buffalo
(1967) calf uppers $26.80
Hat Chicago Tribune Bonds; famous Executive Group hats with the hand-
(1968) detailed extras that add to your wearing pleasure $7.99
Jacket The Sporting News Major league warm-up jacket; satin jacket with team $12.95
(1966) name in script
Jacket Sears, Roebuck Authentic western wear $5.27
(1967)
Shirt Life Arrow; available in 19 solid colors; sanforized-plus-2
(1968) in a blend of dacron polyester and cotton $7.50
Shoes Chicago Tribune Scotch-grain supple; long-wearing leathers with the added
(1968) comfort of heel-to-toe-full leather lining $13.80
Slacks Sears, Roebuck Fashion-right plaid slacks in smooth-weave fabric of
(1967) Fortrel and combed cotton $6.97
388
THE VALUE OF A DOLLAR Selected Prices, 1965-1969
Appliances
Air Conditioner Western Auto Wizard Ex-pand-O; 8,000 btu, featuring the
Catalog panelmatic cover that snaps off for instant cooling $189.95
(1965)
Air Conditioner Chicago Tribune Goldblatt’s; whole house; completely installed at
(1966) a new low price; includes unit and installation $498.88
Air Conditioner Sears, Roebuck The only window air conditioners with separate controls
(1967) for humidity and temperature; 11,000 btus $254.95
Dishwasher Western Auto Fully automatic built-in dishwasher; two separate
Catalog spray arms to clean every dish without pre-rinsing;
(1965) special loading $207.95
Dishwasher Life General Electric; now you can take your dishes from
(1968) the table to the dishwasher to the cupboard $119.25
Dryer Western Auto Wizard; electric; 8-cycle sunshine ozone lamp in
Catalog drum freshens, sanitizes, and prevents mildew $169.95
(1965)
Freezer Western Auto Wizard; 21” chest; economical to operate, saves
Catalog on electricity bills; coiling system is welded to sides of
(1965) heavy-duty steel liner $232.95
Oven Western Auto Wizard; built-in; new eye-level check-it oven
Catalog pre-heats, thaws frozen food fast, warms finest china $154.95
(1965) safely
Oven Western Auto Automatic electric; lets you cook meals while away
Catalog from home; includes roll-out broiler with 2-pc porcelain
(1965) pilots $164.95
Range Western Auto Wizard Citation; the convenience of a full-size 30”
Catalog range, plus, a separate eye-level rotary broiler $299.95
(1965)
Refrigerator Chicago Tribune Frigidaire; 12.3 cu ft; keeps food really cool $208
(1968)
Refrigerator-Freezer Western Auto Wondermart 15; no-frost; 4.8-cu-ft-bottom freezer
Catalog holds 171 lbs; never any frost in 9.69-cu-ft refrigerator $299.95
(1965)
389
Selected Prices, 1965-1969 THE VALUE OF A DOLLAR
Vacuum Sears, Roebuck Built-in; you can install system in existing or new home
(1967) for floor-to-ceiling vacuuming and cleaning $195
Washer Western Auto Wizard Citation; 7-cycle; does everything but put the
Catalog laundry in and take it out $247.95
(1965)
Washer Western Auto Wizard; economical 10-lb capacity washer, wringer
Catalog adjusts for all fabrics $99.88
(1965)
Baby Products
Auto Harness Sears, Roebuck Helps guard baby while you drive $2.99
(1967)
Bottles Sears, Roebuck 34-piece feeding kit $7.99
(1967)
Crib Western Auto Portable crib and play yard; fits easily into car
Catalog seats; masonite floor raises to make dressing table $22.95
(1965)
Gate Western Auto Portable; easiest way of letting baby have lots of
Catalog room to play; yet keeps him out of places he $3.95
(1965) shouldn’t be
Play Yard Western Auto Nylon mesh; A-frame construction is far more rigid,
Catalog durable, and easier to fold than models with corner legs $19.25
(1965)
Sterilizer Western Auto Baby bottle; aluminum; has a lift-out storage rack;
Catalog quick heating allows you to prepare day’s formula in
(1965) one sterilization $3.99
Stroller Sears, Roebuck Two-seater stroller sleeper $29.95
(1967)
Walker-Stroller Western Auto Deluxe 3-in-1; easy-to-clean plastic coated snap-on
Catalog fabric in ice-sparkler pattern $18.95
(1965)
Business Equipment and Services
Calculator Time Friden Electric Printing Calculator $1,495
(1968)
Calculator New York Times Remington Electric Calculator $189.50
(1965)
Calculator Time Friden Model 132; a division of Singer; how much faster
(1966) is an electronic calculator? On accounts payable, Gimbels’
found it 43% faster; with automatic square root $1,950
Stapler Sears, Roebuck Variable-compression stapler $10.79
(1967)
Tape Recorder New York Times Roberts 1640 4-track stereo tape recorder with
(1965) two speakers $198.95
Typewriter Western Auto Wizard Imperial; manual; finger-tip control panel,
Catalog push-button tabulator; stamped-steel frame $89.95
(1965)
Collectibles
Candelabra Antiques Sheffield; circa 1820, 22” high $425
(1966)
Clock Antiques Seth Thomas; pillar and scroll; running order
(1969) circa 1809–1813 $600
Creamer Antiques Silver; creamer 7 1/2”; John Curry; Philadelphia circa $250
(1969) 1830
Desk Antiques Lloyds of New York; reproduction directoire; length 48”,
(1969) depth 24”, height 30” $545
Figurines Antiques Chelsea boy and girl; 10” high, 9” wide $450
(1966)
390
THE VALUE OF A DOLLAR Selected Prices, 1965-1969
Education
Dance Lessons Chicago Tribune Fred Astaire; take a tranquilizer; learn to dance;
(1966) 8 private 1/2-hour lessons $13.95
Entertainment
Ballet New York Times New York City Ballet; Apollo $4.95
(1965) Orchestra
Concert Ticket Life Newport Jazz Festival; featuring Buddy Rich, B.B. King,
(1969) and Johnny Winter $3.50-$6.50/day
Movie New York Times The Yellow Rolls-Royce at Radio City Music Hall
(1965) Per Seat
Noon $0.99
Afternoon $1.35
Evenings $1.85
Opera Ticket Chicago Tribune Dyly Carte Opera Company; Gilbert & Sullivan’s
(1968) HMS Pinafore; The Mikado $3.50-$6.50
Play New York Times Kiss Me, Kate at New York City Center; Special
(1965) Cole Porter Memorial Production
Orchestra $4.95
2nd Balcony $1.95
Play Ticket Chicago Tribune Neil Simon’s Plaza Suite; Forrest Tucker and Betty
(1968) Garrett; evening, Monday through Thursday, orchestra $5.95
Entertainment, Home
Camera Time Kodak Instamatic 814 Camera; drop-in film cartridge $240
(1968)
Camera Western Auto Catalog Argus; 35mm cartridge; instant loading; with flash
(1965) and slide reviewer $69.95
Camera Life Polaroid Color Pack; the 60-second excitement $50.00
(1968)
Camera Life Kodak Instamatic S-10; it fits your pocket; palm or $35.00
(1969) purse
Camera and Western Auto Mansfield; 8mm holiday electromatic; retain those
Projector Catalog once-in-a-lifetime occasions on film; includes a projector,
(1965) camera combination and shadow box and wall screen;
camera carrying case and accessories $99.99
8mm Camera New York Times Fujica 8mm Electric Power Zoom Reflex Camera; normal,
(1965) slow motion and sound speeds $129.95
391
Selected Prices, 1965-1969 THE VALUE OF A DOLLAR
Fertilizer Western Auto Weed and Feed; 20-10-5 fertilizer and 2-40 kills weeds;
Catalog 18 lbs $3.89
(1965)
Grass The Progressive Certified Meyer Z-52 Zoysia grass; 1000 sprigs $10.00
Farmer
(1968)
Hose Western Auto Red rubber; 50’; inner tubes reinforced with strong
Catalog rayon-cord body and vulcanized $7.95
(1965)
Lawn Chair Western Auto Aluminum-web folding; 6 vertical, 5 horizontal webs
Catalog in seat and back $5.99
(1965)
Lawn Flamingo Sears, Roebuck Our loveliest flamingos in natural pink $3.69
(1967)
Lawn Mower Western Auto Wizard Holiday Alum-Lite; 21”; has 3 hp Briggs and
Catalog Stratton engine; 5 select-a-height trim size adjustments $79.95
(1965)
Outdoor Vacuum Sears, Roebuck Vacuum clean your lawn, hedges, patios, walks, and
(1967) driveway $194
Rider-Tractor Western Auto Wizard Holiday; has everything for easiest mowing;
Catalog 5 hp Tecumseh engine, 25”, 3 speeds $352.95
(1965)
Seeds The Progressive Morris Heading collard seeds, per pound $2.00
Farmer
(1968)
Sprinkler Western Auto Wizard Set ’N Spray; oscillating; covers up to
Catalog 2600 sq ft with just a twist of a dial $9.19
(1965)
Tiller Western Auto Wizard Imperial; deep-digging; 4 hp,
Catalog with power reverse $140.95
(1965)
Wagon Western Auto Western Auto Town & Country; rugged wagons
Catalog feature 10 in double-disc fit grip handles and
(1965) self-lubricating bearings $18.50
Household Products
Blender Chicago Tribune Proctor; 4 speeds, 6 pushbuttons, a perfect gift for the $13.49
(1968) home
Carpet The Progressive DuPont 501 Nylon Carpet; resists crushing and withstands
Farmer the stiffest wear
(1968) Per square yard $5.95
Carpet Western Auto 9 x 12 carpet; get extra service;
Catalog extra-heavy-duty loop pile of 100% nylon at low cost $38.95
(1965)
Carpet American Home Cabin Crafts Briarwood; makes a great show of elegance,
(1966) but it’s really a toughie at heart $10.95/yard
China Western Auto Western Auto Estate; the classic swirl design of estate
Catalog dinnerware, accented by a fine platinum band;
(1965) 57-piece service $49.95
Clock Western Auto Western Auto Sunburst; wall clock; brilliant 23”
Catalog brass spokes radiate from 7” diameter; battery $16.25
(1965) operated
Clock Western Auto General Electric; sparkle alarm clock; a shadow-box
Catalog crystal enhances the white dial and black numerals
(1965) and hands $5.98
Clock Radio Western Auto Truetone Imperial; AM/FM; all the beauty and style
Catalog of a console; 4” x 6” heavy magnet speaker $62.95
(1965)
394
THE VALUE OF A DOLLAR Selected Prices, 1965-1969
Coffee Maker Chicago Tribune West Bend; perks and serves 12 to 230 cups of full
(1966) flavored coffee automatically $9.95
Coffee Maker Western Auto General Electric Peek-a-Brew; with a transparent
Catalog indicator that actually lets you see the coffee level $19.95
(1965)
Disinfectant Spray American Home Florient; why pay $0.98 for the high-priced spray $0.59
(1966)
Drill Western Auto Wizard; 2-speed electric drill; 1/4” drill develops
Catalog 1/4 hp, drills through 1/4 steel, 1/2” hardwood $19.95
(1965)
Drill Chicago Tribune Black & Decker; 1/4” electric; your very best value in
(1968) a general-purpose powerful drill $10.99
Electric Blanket Western Auto Wizard; electric; non-allergenic, machine wash, dry;
Catalog snap fit corners; double size $19.35
(1965)
Fan Western Auto Imperial; 3-speed; reversible window fan; 20”;
Catalog has a push-button switch control panel and automatic
(1965) thermostat that shuts fan off at pre-set temperature $44.95
Fan Western Auto Wizard; box fan; 20”, 2-speed suitable-type handle
Catalog on top for easy portability $21.45
(1965)
Fan Western Auto Wizard Imperial; oscillating fan; 12”, 3-speed;
Catalog highly polished; deep-pitched aluminum blades $19.95
(1965)
Fireplace Tools Western Auto Hanging; wrought iron; solid-polish brass pull
Catalog chains; black fire-screen mesh $5.95
(1965)
Food Processor Western Auto Wizard Meal Maker; use as a juicer, mixer or grinder;
Catalog seven speeds—from slow for easy blending to fast for
(1965) grinding meats, vegetables $39.95
Freezer Bags Western Auto Tear off roll—fill and tie—presto; seals in freshness; 80
Catalog pt size
(1965)
Glasses Western Auto Western Auto; cut-glass water set; clear crystal;
Catalog beauty and economy; includes six 9-oz tumblers $2.49
(1965) and one 72-oz pitcher
Ice Cream Maker Chicago Tribune Proctor; makes delicious homemade ice cream $16.95
(1966)
Ice Cream Maker Western Auto Electric; turns smoothly easily; 4-qt capacity $27.95
Catalog
(1965)
Iron Western Auto Wizard Imperial; economically priced iron with
Catalog unusually fine performance $6.95
(1965)
Ironing Table Western Auto 12-way all-metal queen-of-the-ironing table; weighs
Catalog only 15 lbs $7.99
(1965)
Lamp American Home Stiffel; with base; early Renaissance in character with
(1966) Mediterranean overtones; height 22” $72.50
Light Bulbs Western Auto Wizard Long Life; each bulb in handy 4-pack lasts
Catalog 3 times longer; pack contains two 100 watt; one 75 watt $1.29
(1965)
Mirror American Home Pittsburgh Plate Glass Mirror; Spanish provincial
(1966) style 32” x 46” $7.00
Ovenware Western Auto Western Auto; 12-pc, withstands oven temperature
Catalog includes 6 5-oz custard cups, gelatin molds, round 1-qt
(1965) pudding pan; 1 deep loaf pan for bread, meat loaf, 9” pie
plate; baking utility dish; 1 1/2-qt casserole dish and cover $3.95
395
Selected Prices, 1965-1969 THE VALUE OF A DOLLAR
Paint Western Auto Wizard; latex; interior flat; one application is all you
Catalog need; balanced formula for high hiding power $5.55/gallon
(1965)
Pillow Western Auto Machine washable; foam; made from 100% virgin urethane
Catalog flaked foam; non-allergic $4.98/pair
(1965)
Plate American Home Pottery; creamy white, 10” pottery plate has bamboo
(1966) pattern and border $6.00
Pliers Western Auto Needle nose; slender jaws give long reach; hardened
Catalog wire-cutter edges $2.95
(1965)
Polish Antiques Old Patina; furniture polish and feeder with beeswax;
(1966) an eighteenth-century formula $2.25/pt
Rods Sears, Roebuck Gleaming rods for café curtains; solid brass 30” to 52” $4.89
(1967)
Roller Pan Set Chicago Tribune Lightweight and easy to use...makes your painting
(1968) job a breeze $0.49
Router American Home Stanley Works Rout-About; compact 1/4 hp unit that
(1966) spins at 25,000 rpm $34.95
Rug Antiques Semi-antique Persian Sehna-Kurd oriental rug; 7 x 4
(1966) gold medallion on blue field, orange-red design $345
Saw Chicago Tribune Black & Decker; 7 1/4” circular saw; cuts 2” x 4”’s at
(1968) 45 degree angle $27.77
Scale Sears, Roebuck Get the type of scale the professionals use $42.37
(1967)
Slip Covers Sears, Roebuck Crystal clear; show off the beauty of your
(1967) furniture; chair cover $3.99
Socket Set Western Auto Wizard; 57-piece; includes 1/2”, 3/8”, and 1/4”
Catalog drive parts $56.95
(1965)
Tableware Western Auto Western Auto Paris Night; stainless steel; is exactly
Catalog as its name; 69-piece service for 8 $19.95
(1965)
Tile Western Auto Vinyl asbestos tile for kitchen floors; 9” square;
Catalog made for long lasting life even in areas of critical wear $12.50
(1965)
Toaster Western Auto Wizard Imperial; this toaster gives you fingertip
Catalog control $11.39
(1965)
Toaster-Broiler-Baker Western Auto Wizard; use as a baker one way, flip over for a
Catalog broiler-toaster $15.25
(1965)
Tool Set Sears, Roebuck Craftsman; 155-piece set $128.60
(1967)
Vacuum Cleaner Western Auto Wizard; canister; power to spare, return original
Catalog carpet beauty, get floors, walls really clean; includes
(1965) 13-piece set $69.95
Varnish Western Auto Wizard Spar Varnish; with china-wood oil; can be
Catalog used inside on trim, woodwork, or outside to protect
(1965) wood surfaces $5.79
Hotel Rates
Room Rate Time Hotel Thomas Jefferson in Birmingham, Alabama;
(1968) completely new throughout
Commercial Single Rate $8.50
Room Rate New York Times Hotel Shelburne; Boardwalk, Atlantic City; 100% central
(1965) system air conditioned; per room; two in a room $7.00
396
THE VALUE OF A DOLLAR Selected Prices, 1965-1969
Room Rate New York Times Griswold Hotel and Country Club; 4 days and 3 nights
(1965) Per person $59
Jewelry
Necklace Western Auto Hallmark; cultured pearl; perfectly matched set of
Catalog cultured pearls; handknotted graduated pearl necklace $29.95
(1965)
Pin Sears, Roebuck Abstract-shaped dramatic accent to current fashion $5.00
(1967)
Pocket Watch Sears, Roebuck Fob watch; railroad type; minute-marked dial $5.49
(1967)
Ring Western Auto Diamond; 4-prong Tiffany or Illusion setting; 1 ct;
Catalog 14k yellow or white gold $795
(1965)
Watch New York Times Longines Watch; self-winding automatic; two years to pay
(1965) with small down payment $135
Watch New York Times Belforte Electronic watch for men $49.95
(1965)
Watch Western Auto Timex Marlin; radiolite dial for telling time in the
Catalog darkest room; chrome-plated bezel $11.95
(1965)
Watch Western Auto Waltham Ultra-thin Guardsman; man’s; white-gold
Catalog finished case; 17 jewels $28.95
(1965)
Watch Western Auto Timex Cavatina; lady’s; beautifully styled, keeps
Catalog perfect time; lasting chrome-plated bezel, comfortable
(1965) nylon-cord band $9.95
Meals
Dinner New York Times Astrojet Room; interesting people are just part of the
(1965) fascination of airport dining; complete Dinners
Supreme from $2.95
Lunch New York Times Paddy’s Clam House; Maine Lobsters a Specialty;
(1965) lunch, 4-course fish meal $1.48
Medical Products and Services
Acne Solution Hit Parade Wipe away pimples, blackheads, and other embarrassing
(1968) surface symptoms; an 8-wk solution $2.98
Motorized Vehicles, Supplies, and Services
Air Conditioner Western Auto 1800 btu model; 2 big rotary blowers cool
Catalog you with 315 cu ft minimum of refrigerated air $269.95
(1965)
Automobile Time Datsun; value wagon of the year; all synchromesh $2,196
(1968) 4-speed
Automobile Life Volkswagen; station wagon; half a Volkswagen station
(1968) wagon holds as much as most whole wagons hold $2,602
Battery Western Auto Wizard Deluxe; for cars; new inter-cell construction
Catalog to give your car 25% more starting power $12.88
(1965)
Car Wax Western Auto Simonize; durable paste wax puts a gleaming shine
Catalog on your car’s finish that lasts for months $0.99
(1965)
Dimmer Western Auto Automatic headlight dimmer; less than half the
Catalog cost of previous models, automatic or manual $26.95
(1965)
Exhaust Kit Sears, Roebuck Dual-exhaust kit for Corvair $18.45
(1967)
Header Set Sears, Roebuck Dual-header set for Falcon and Comet $64.95
(1967)
397
Selected Prices, 1965-1969 THE VALUE OF A DOLLAR
Publications
Book Time This Timeless Moment: A Personal View of Aldous
(1968) Huxley by Laura Archera Huxley $6.95
Book New York Times Always Ask a Man, Arlene Dahl’s Key to Femininity $5.95
(1968)
Book New York Times Portrait of A People by Charles Raddock; The Story
(1965) of the Jews from Ancient to Modern Times; three
volume set $18.75
Book New York Times Note X For Treason by Brian Cleeve; a Random House
(1965) Mystery $3.95
Encyclopedia Western Auto World University; 12-volume set, a treasury of
Catalog (1965) information $59.00
399
Selected Prices, 1965-1969 THE VALUE OF A DOLLAR
400
THE VALUE OF A DOLLAR Selected Prices, 1965-1969
Bicycle Chicago Tribune Power King; adjustable polo saddle and hi-rise handlebar $29.99
(1968)
Bow Western Auto Ben Pearson Cougar; durable, laminated construction; the
Catalog ideal bow for adult beginners or the accomplished archer $22.95
(1965)
Fishing Bait Western Auto Doc’s Prepared Catfish Bait; choice of 4 scents; 12-oz jar 69
Catalog
(1965)
Fishing Lure Western Auto DeLong Red Worm; best for bluegill, perch; package of 3 $0.49
Catalog
(1965)
Fishing Lure Western Auto Heddon Toni; yellow body; jewelry blade finish; 1/4 oz $0.89
Catalog
(1965)
Fishing Lure Sears, Roebuck Lucky Dozen; actual replicas of 12 of the fish-takingest
(1967) lures ever designed $5.22
Fishing Reel Western Auto Shakespeare Wonder-Cast; push button; aluminum
Catalog frame; full-circle micro-drag $12.95
(1965)
Golf Shoes New York Times Woman’s spiked oxford golf shoes; exceptionally
(1965) lightweight $22.00
Gun Scope The Sporting Weaver K4 Scope; see the magnified target in clear, sharp
News detail $34.50
(1966)
Pool Table Western Auto Imperial; 8’; our very best table; laminated slatite precision
Catalog playing bed; 100% virgin-wool billiard cloth assures you a
(1965) hard, smooth surface $334.50
Rod and Reel Western Auto Zebco 606; spin-cast rod-reel fishing combination;
Catalog 2-piece, solid glass rod, 4 guides; tip top; cork handle $9.99
(1965)
Rod and Reel Western Auto Zebco 777; fishing-spinning combination; Zebflex 6 1/2’,
Catalog 2-piece tubular glass rod and 777 open-face spinning reel $15.49
(1965)
Sailboat Sears, Roebuck Puffer; 10’ sailing dinghy can be used with motor or oars $385
(1967)
Sleeping Bag Western Auto Duraloft; 3 lb washable; 100% polyester insulation;
Catalog 36” x 80” cut size $17.95
(1965)
Softball Western Auto Voit Collegiate; official size and weight $1.65
Catalog
(1965)
Table Tennis Set Western Auto Revelation; deluxe; complete set for 4 players includes 3-ply
Catalog rubber-faced paddles with tapered walnut handles; extra-
(1965) heavy posts; green cord netting; adjustable metal ends, 4
official table-tennis balls $6.95
Table Tennis Set Sears, Roebuck Complete set $10.00
(1967)
Table Tennis Table Western Auto Western Auto; our very best table; 5’ x 9’ tournament
Catalog size; formed by two 4 1/2’ x 5’ sections $43.95
(1965)
Tennis Ball Western Auto Wilson Championship; dacron-nylon-wool cover for
Catalog best wear, approved U.S. International and Professional
(1965) Lawn Tennis Association $2.65/can
Tennis Racket Western Auto Autograph; a perfect racket for the economy-minded
Catalog beginner; laminated frame $1.95
(1965)
401
Selected Prices, 1965-1969 THE VALUE OF A DOLLAR
Tennis Racket Western Auto Spalding Pancho Gonzales; our very best racket;
Catalog laminated ash and beech shoulder overlays for extra
(1965) strength $10.85
Tent Western Auto Eagle; wall tent; excellent for rough Boy Scout use;
Catalog cut size; 5’ x 7’ $17.75
(1965)
Water Skis Western Auto Wizard; combine regular and slalom skiing, graceful,
Catalog fast, banana-shape style $19.95
(1965)
Tobacco Products
Cigarettes New York Times Pink cigarettes for weddings and other occasions;
(1965) carton of 200 $9.50
Toys
Backyard Western Auto Includes lawn glider; 2 swings; 2 gym rings; trapeze,
Amusement Set Catalog sky-shooter; pumper swing, 7 1/2’ platform slide $34.95
(1965)
Bicycle Western Auto Western Flyer Cosmic Flyer; for boys; features a
Catalog new double-strength frame with twin center bars $49.95
(1965)
Bicycle Western Auto Western Flyer Standard Flyer; for girls or boys;
Catalog rugged and built to last; 26” $31.95
(1965)
Croquet Set Western Auto Regulation size; 4-player; knurled 3 3/8” rock
Catalog maple balls $6.95
(1965)
Doll Western Auto Mattel Teenage Barbie; easy to dress; arms, legs and
Catalog head move; 11 1/2” with stand $2.29
(1965)
Doll Western Auto Mattel Midge Bride; Barbie’s best friend; wears
Catalog Barbie’s clothes $3.49
(1965)
Doll Western Auto Mattel Ken; Barbie’s boyfriend; a living doll; neatest
Catalog crew cut; big blue eyes; 12 1/2” with stand $2.69
(1965)
Doll Sears, Roebuck Eeyore; 10” high; 14” long; removable tail $4.99
(1967)
Lead Pellets Western Auto Crossman; .177 cal, 250 per can $0.95
Catalog
(1965)
Locomotive Railroad Model Tyco Prairie Sante Fe; locomotive and tender;
Craftsman 2-6-2 with operating headlight $16.77
(1966)
Motorcycle Western Auto Western Flyer Thunder Rod; roaring engine; hi-rise
Catalog handlebar, pneumatic tires; banana seat $34.95
(1965)
Pistol Western Auto Daisy; CO2 pistol; shoot regular .177 calibre bb’s;
Catalog semi-automatic $16.95
(1965)
Racing Set Western Auto Aurora HO; two speed controls allow you and your
Catalog opponent to brake the cars and control them on curves;
(1965) set comes with track, powerpack, and two lightning
fast cars—Corvette Sting Ray and Jaguar XKE $19.77
Rifle Western Auto Daisy 51 Scope Smoker Rifle; shoots a captive cork with
Catalog a pop and a shower of sparks and a puff of smoke; $0.97
(1965) 21” long
402
THE VALUE OF A DOLLAR Selected Prices, 1965-1969
Rifle Western Auto Daisy golden 750; lever action air rifle; our most popular
Catalog model Daisy; carbine styled, 750-shot lever-action $7.50
(1965) repeater
Rifle Western Auto Hy-Score; single-shot pellet; shoots .177 calibre pellets;
Catalog single-breaking action cocks rifle $19.95
(1965)
Robots Chicago Tribune Ideal Zeriods; the workers of the future—robots that obey
(1968) your every command; they grab, throw, push, haul,
and much more $3.97
Space Man Chicago Tribune Eldon’s Billy Blast-Off; 9” high miniature space man in
(1968) space suit; comes with his own 7-piece set of space
equipment $3.99
Sports Car Western Auto Western Flyer; pedals easy; steers easy; 33 1/2” long $11.95
Catalog
(1965)
Station Wagon Western Auto Buddy L; an authentic replica of the Teepez Trailer;
and Camper Catalog hi-impact plastic tent, tufted bed; tent flaps $5.66
(1965)
Tricycle Western Auto Western Flyer; 10”; sturdier, huskier frame for young
Catalog Rough Riders $7.95
(1965)
Truck Western Auto Tonka; pick-up truck; features snap-open tailgate,
Catalog glassed-in cab and rubber tires; 9 1/8” long $1.69
(1965)
Wading Pool Western Auto Western Auto Playmate; custom-styled steel wading
Catalog pool; 147 gallon capacity $8.45
(1965)
Travel and Transportation
Air Fare New York Times New York to San Francisco by Jet $217.65
(1965)
Airline Fare Chicago Tribune Delta; Miami; Delta’s got up to 11 jets daily; up to
(1966) 4 non-stops on weekend; it’s just 24 hours to Florida’s
most famous resort city; day jetourist $74.70
Hawaii Tour Time Trans International Airlines offers two weeks in Hawaii;
(1968) complete tour $599 and up
403
Miscellany, 1965-1969 THE VALUE OF A DOLLAR
MISCELLANY 1965-1969
Giving Is Growing Divorced
The annual survey of 50 U.S. colleges and uni- By Mary Costa, 36, blonde and beautiful lyric
versities by New York’s John Price Jones Co., pro- soprano, who left a $150,000-a-year job as TV’s
fessional fund raisers, shows that gifts spurted Chrysler girl for an opera career, making her
1 1/3% last year over 1963—from $335,456,000 to widely acclaimed 1964 Metropolitan debut as
$373,446,000. Contributions from individuals still Violetta in La Traviata; Frank Tashlin, 53,
provide the biggest single source of such funds Hollywood writer director of slapstick comedies
(39.3%), but foundation grants are growing (now (The Man from the Diners’ Club); on grounds of
33.1%), while bequests (16.9%) and corporations cruelty; after twelve years of marriage, no chil-
(10.7%) provide the rest. The gifts of the past dren; in Santa Monica, Calif.
four years alone total more than a fourth of the Time, April 22, 1966
$4.8 billion that the Jones surveys have tabulated
in their 44 years of existence. Shape of Events from One Year to Next
The top ten beneficiaries in 1964: And capital is in shorter supply. The Amer-
Harvard $38,812,000 ican economy, the powerhouse of world progress
Stanford $36,078,000 these last few years, went under severe monetary
Cornell $27,695,000 restraint in 1966. The transition was not too skill-
Yale $22,538,000 fully handled—1966 should have seen, but did
M.I.T. $21,233,000 not see, a tax increase—and the economy
Chicago $20,555,000 entered 1967 with every prospect of a lower
California $16,602,000 growth rate, if not an end to its unprecedented
Princeton $16,416,000 six-year boom. Yet the demands on that econ-
Columbia $16,001,000 omy will not grow less. The rising costs of
N.Y.U. $15,741,000 Vietnam were matched by a growing list of
Time, February 26, 1965 domestic problems ranging from smog to trans-
portation, from ghettos to inadequate schools.
$8,000 a Year Life, January, 1967
By far the most controversial part of the
President’s program was a plan to provide direct Killebrew to Get $65,000 for 1967; Slugger
subsidies, for rent or mortgage payments, for and Twins Agree to Terms for This Season
some 500,000 city families with incomes as high Harmon Killebrew, one of the leading sluggers
as $8,000 a year. Initially, the aid would be limited in baseball, has agreed to a 1967 contract for a
to families displaced by Government projects salary estimated at $65,000, the Minnesota Twins
such as urban renewal and highway construction, said today.
to those presently in substandard housing, to the Killebrew hit 281 last season, smashing 39
impoverished elderly, and to displaced or ill- home runs and driving in 110 while playing first
housed families capable of increasing their base, third base and the outfield for the American
income in the future. In general, the formula League club. He was second to Frank Robinson of
would call for such families to pay 20% of their the Baltimore Orioles in both homers and runs
income for housing—and the Government would batted in.
make up any necessary difference. Critics might New York Times, February 23, 1967
wonder if an $8,000-a-year family really ought to
be on a dole, but the President insisted that this
section might “prove the most effective instru-
ment of our new housing policy.”
Time, March 12, 1965
404
THE VALUE OF A DOLLAR Miscellany, 1965-1969
MISCELLANY 1965-1969
Watergate West
The interior of Watergate West’s free-form
super-structure includes a number of “luxury fea-
tures.” The lobby is resplendent with fake Chou
Dynasty lamps and curtains handwoven in
Swaziland. The elevators are flooded with Musak,
and the bathrooms are paved with marble and
equipped with bidets and golden faucets. The 143
apartments vary as much in design as they do in
price (from $28,000 for a one-bedroom to
$186,000 for a penthouse). Many living and dining
rooms are trapezoids or obtuse-angled triangles,
while a few entranceways are circles.
Life, August, 1969
405
Historical Snapshot, 1970-1974 THE VALUE OF A DOLLAR
HISTORICAL SNAPSHOT
1970-1974
1970 1972 Farm labor represents 5 percent of
Man-made fibers control 56 per- Richard Nixon reelected; Watergate work force
cent of U.S. textile market burglary occurs President Nixon orders freeze on
Gross National Product reaches Nearly 30 percent of U.S. petro- all retail food prices
$977 billion leum is imported Vodka outsells whiskey for first time
New York subway rates reach 30¢ Wages, prices, and profits remain Energy crisis and soaring grain
Daily volume on New York Stock controlled by Phase II economic prices produce economic recession
Exchange nearly three times that measures
of 1960 at 11.6 million shares Dow Jones closes at 1003.15 on 1974
25.5 million Americans live below November 14, above 1,000 for first Pocket calculator marketed
the $3,908 per year poverty level time President Nixon lowers highway
President Nixon calls for voluntary San Francisco Bay Area Rapid speed limit to 55 mph to save
wage and price controls Transit System opens gasoline
Ms. magazine begins publication; 110,000 clothing workers stage
1971 Life magazine suspends publication nationwide strike
President Nixon orders 90-day Polaroid SX-70 system produces Unemployment reaches 6.5 per-
freeze on wages and prices colored print cent, highest since 1961
The average taxpayer gives the New York’s 110-story World Trade Universal product code designed
government $400 for defense, $125 Center opens for supermarket industry
to fight the war in Indochina, $40 Birth rate falls to 15.8 per 1,000, Year-long daylight savings time
to build roads, $30 to explore lowest since 1917 adopted to save fuel
space, and $315 for health activi- 3M develops Post-it to stick paper
ties 1973 to paper
First-class postal rates rise to McDonald’s introduces Egg McMuf- ITT’s Harold Geneen is highest
8 cents per ounce fin, pioneering fast-food breakfast paid executive at $791,000 per year
Chicago’s 1,107-foot Standard Oil U.S. troops leave South Vietnam Time, Inc., issues People magazine,
of Indiana building opens Median sales price of an existing devoted to celebrity journalism
Annual per capita beef consump- single-family house reaches $28,900 Walgreen’s drug chain exceeds
tion reaches 11 pounds Average farmer produces enough $1 billion in sales for first time
Look magazine ceases publication food for 50 people President Nixon resigns
406
THE VALUE OF A DOLLAR Selected Income, 1970-1974
408
THE VALUE OF A DOLLAR Consumer Expenditures, 1970-1974
409
Investments, 1970-1974 THE VALUE OF A DOLLAR
INVESTMENTS 1970-1974
Investment 1970 1971 1972 1973 1974
Basic Yield, One-year Corporate Bonds 8.51 7.94 7.63 7.80 8.98
Short-term Interest Rates, 4-6 Months,
Prime Commercial Paper 7.72 5.11 4.69 8.15 4.87
Basic Yield, Common Stocks, Total 3.83 3.14 2.84 3.06 4.47
Index of Common Stocks (1941⫺1943⫽10) 83.22 98.29 109.20 107.43 82.85
COMMON STOCKS, CLOSING PRICE AND YIELD, FIRST BUSINESS DAY OF YEAR
(Parenthetical number is annual dividend in dollars)
Allis Chalmers 21 7/8 15 3/4 13 12 1/2 8 7/8
(/) (.05) (.05) (.20) (.26)
American Brands 35 5/8 45 1/8 42 1/8 43 33 1/2
(2) (2.10) (2.20) (2.29) (2.38)
AT&T 49 3/8 48 3/4 44 3/4 53 1/4 50
(2.60) (2.60) (2.60) (2.80) (3.08)
Anaconda 30 3/4 21 1/8 16 19 3/4 27 3/4
(1.90) (1.90) (/) (.12) (.50)
Bethlehem Steel 27 1/8 22 1/2 29 1/4 29 3/8 32 1/2
(1.80) (1.80 (1.20) (1.20) (1.60)
CPC Intl (Name changed from Corn Products, 4/22/69) 32 3/8 33 5/8 32 5/8 32 1/2 26 3/4
(1.70) (1.70) (1.70) (1.77) (1.86)
Delta Air Lines 30 3/4 33 1/2 48 66 39 7/8
(.40) (.50) (.50) (.50) (.60)
General Electric (2 shares for 1, 4/29/71) 76 5/8 93 7/8 63 73 7/8 62 5/8
(2.60) (2.60) (1.40) (1.40) (1.60)
General Motors 71 1/4 78 7/8 79 3/4 82 1/8 46
(4.30) (3.40) (3.40) (4.45) (5.25)
International Business Machines 364 3/4 313 333 409 242 3/4
(4) (4.80) (5.20) (5.40) (4.48)
Intl Harvester 26 1/8 27 1/2 29 3/4 38 3/4 26 3/4
(1.80) (1.80) (1.40) (1.40) (1.50)
National Biscuit (Name changed to Nabisco 4/27/71) 49 3/4 52 1/4 57 7/8 60 7/8 37 1/2
(2.20) (2.20) (2.20) (2.30) (2.30)
US Steel 34 3/4 32 1/4 30 1/2 31 1/8 37 1/4
(2.40) (2.40) (1.60) (1.60) (1.60)
Western Union 44 1/4 40 1/2 44 5/8 48 5/8 14 3/8
(1.40) (1.40) (1.40) (1.40) (1.40)
410
THE VALUE OF A DOLLAR Standard Jobs, 1970-1974
411
Food Basket, 1970-1974 THE VALUE OF A DOLLAR
413
Selected Prices, 1970-1974 THE VALUE OF A DOLLAR
Alcohol
Whiskey New York Times Canadian Club whiskey; C.C., Canada’s best tasting initials;
(1970) per fifth $7.10
Apparel, Children’s
Dress New York Times Pandora; ruffly-edged coat dress with white collar $13
(1970)
Jacket and Knit Cap Sears, Roebuck NFL; authentic team emblem on the left front $17.99
(1974)
Pajamas Sears, Roebuck Perma-press knit; features irresistible characters
(1974) screen printed on chest
Tigger, Snoopy and Woodstock $5.49
Scooby-Doo $5.99
Robe Sears, Roebuck Plaid-flannel robe $8.99
(1974)
Shoes New York Times Penaljo footwear for girls; ultra-comfortable walker $19.95
(1970)
Sweater New York Times Justin Charles; easy care Orlon acrylic sweater;
(1970) monogram with three initials or first name $7
Apparel, Men’s
Belt Smithsonian Austral Enterprisers; braided calfskin; 1 1/2” wide,
(1973) pliant, comfortable, hand-braided from sixteen strands
of specially tanned calfskin $12.50
Belt Sears, Roebuck Buck suede; lucite-plastic insert buckle mixes textures
(1973) with buck suede $7
Jacket Ebony Smith House of Leather, leather; colors include black,
(1972) brown, red, and blue $80
Jacket Sears, Roebuck Lightweight; stitch-trimmed western style in
(1973) smooth-grain leather $65
Pants Ebony Jaymar, hemmed slack is fashioned of 100% Trevina
(1972) polyester in a rare range of colors $22.50
Shirt Sears, Roebuck Kingsroad; lightweight double-knit polyester stretch
(1973) sports shirt with collar and placket $7
Shoes Ebony Flagg Brothers Outta Sight; tan and brown leather
(1972) wingtip lace-up; flared maxi heel $16.99
Shoes Ebony Navarro Brothers; baby sharkskin slip-ons; benchmade
(1972) by Mexico’s finest shoemaker $39.50
Shoes Smithsonian Norm Thompson; handcrafted moccasins from golden-tan
(1973) deerskin for unbelievable comfort indoors or out $15
Underwear Ebony Kayser-Roth; Paris zig-zag-colored boxer shorts;
(1972) lily-white underwear was your Mother’s idea $4
Underwear Penthouse Imported Norwegian see-thru fish-net weave bikini briefs
(1973) keep you cool in the summer, warm in the winter;
3 to a pack $8.95
Apparel, Women’s
Blouse Ebony Frederick’s of Hollywood; a shirtmaker that goes from
(1972) prim to pow; buttons to the chin; blue or pink nylon $9
Body Suit Sears, Roebuck High band-neck with 6-button placket adds a great look
(1973) to this figure-hugging rib-knit stretch nylon body suit;
was $7.97 $4.77
Coat New York Times Bergdorf Goodman; fierce tiger fake with natural
(1970) brown Australian opossum borders; a sash of real
leather holds everything in place $260
414
THE VALUE OF A DOLLAR Selected Prices, 1970-1974
Coat The New York John Meyer velvet midi coat $80
Times Magazine
(1971)
Dress New York Times The Young Individualist; black velvet overalls with
(1970) satin work-shirt top; rhinestone buckles $60
Dress The New York Kay Windsor dress; spirited knit, squared off with
Times Magazine eye-catching accents; Dacron polyester doubleknit $32
(1971)
Jeans Sears, Roebuck Our lowest price in five years; corduroy $4.88
(1973)
Overcoat Ebony Swank Shirt Shop; jazz-age wrap, featuring 47” wool
(1972) velour, cashmere hand wrap $74.50
Pants Ms. Lady Wrangler; corduroy flares $15
(1972)
Pantsuit The New York ENKA Pantsuit made of Encron polyester by Adamo
Times Magazine Knits; will never wrinkle or crush $26
(1971)
Shirt Sears, Roebuck For today’s individualist; great ways to express yourself;
(1973) be creative in versatile coordinates $11
Shoes Sears, Roebuck Sandals; cross straps for comfort $12.99
(1973)
Shoes The New York B. Altman & Company offers suede shoes with an
Times Magazine Oxford accent; made by Sandler of Boston $17
(1971)
Skirt The New York Alberoy Tie-Back Boot-Topper; birch, beet and brick $28
Times Magazine
(1971)
Skirt Ebony Smith House of Leather, leather; colors include blue,
(1972) black, red, and burgundy $19.00
Underwear Sears, Roebuck Brassiere and panties; suit-your-size; Antron nylon knit
(1973) in yellow, green, and pink print on orange $7
Appliances
Air Cleaner The New York General Electric Air Cleaner; keeps dirt off your furniture
Times Magazine and out of the air you breathe $319.95
(1971)
Chain Saw Southern Living Remington Mighty Mite Bantam Chain Saw; weighs
(1973) just 6 1/2 pounds $89.95
Microwave Oven New York Times Radarange Microwave Oven; cook cool with electronics;
(1970) so quick that usual cooking time is reduced up to 75% $450
Reading Light The New York Love Lights for your bed; each reader has his or her
Times Magazine own light source $45
(1971)
Baby Products
Bed-wetting Alarm Sears, Roebuck Wee-alert Buzzer, buzzer alarm helps keep sleeper dry
(1973) and more comfortable by conditioning him to stop
bedwetting $19.95
Quilt The New York Triboro Quilt cuddles babies with a pram suit and
Times Magazine comforter; with Disney characters $5
(1971)
Business Equipment and Services
Welding Torch Southern Living Pyro Welding Torch kit; produces 5000 degrees heat
(1973) for welding, soldering and brazing $24.88
Collectibles
Bowl Gourmet Haviland & Co.; Louis XV carette porcelain bowl $33.50
(1973)
Calendar Ms. Reid & Reid Books; Marilyn Monroe photo calendar,
(1972) 1954; extremely rare $10
415
Selected Prices, 1970-1974 THE VALUE OF A DOLLAR
Room Rate Southern Living Del Webb’s Hotel Sahara; three days, two nights, two
(1973) dinner shows; per person, double occupancy required $43
Household Products
Blanket New York Times Thickly woven 100% virgin wool reversible animal design
(1970) blanket from Peru $22.50
Bundt Pan Sears, Roebuck Perfect for use with the Bundt-pan cake mixes;
(1973) 12-cup colored aluminum Bundt pan with Teflon lining $2.99
Capita Set Penthouse Jose Cuervo; hand-made, hand-painted potter tray $2.50
(1973)
China Gourmet Royal Worchester; tea cup and saucer;
(1973) Royal Garden porcelain set $15
Cleanser Chicago Tribune Janitor in a Drum; industrial strength; 64 oz. $0.99
(1972)
Cocktail Shaker Gourmet Reed & Barton; sterling; milk-can design $47
(1973)
Coffee Set Gourmet Gorham; pewter; 3-piece set includes 40 oz coffee pot,
(1973) creamer, and sugar bowl $125
Cookware Set Sears, Roebuck Corning Ware; 9-piece; the newest pattern and shape in
(1973) freezer-to-oven; save $9.31 $34.99
Detergent Chicago Tribune Dove; liquid; 22-oz bottle $0.57
(1972)
Dish Gourmet Bonniers Dansk; porcelain; statement style, ovenproof $18.50
(1973)
Fabric Softener Chicago Trubune Downy; 64-oz bottle; with coupon in this ad $0.99
(1972)
Flatware Gourmet Bergdorf Goodman; stainless-steel Spectro style;
(1973) 5-piece place setting $10
Grill Gourmet Wrought iron; fish shaped $12
(1973)
Mattress and Life Sealy Posturepedic Sleep System; queen-size mattress
Box Spring (1971) and posturepedic foundation $249.95
Pasta Machine Gourmet Bazaar De La Cuisine; Italian chrome-plated machine $30
(1973)
Pepper Grinder Gourmet Cartier; 11” tall and handsome is our silver and
(1973) mahogany pepper grinder $35
Preserve Dish Gourmet Wedgwood Queensware; melon design $20
(1973)
Pressure Cooker Sears, Roebuck Non-electric; lets you cook complete meals in minutes
(1973) and still keep food moist and flavorful $18.99
Shoe Bag Gourmet Louis Vuitton; cotton bag $8.50
(1973)
Staple Gun Southern Living Tru-Test Staple Gun set; heavy-duty $4.95
(1973)
Valise Gourmet Mark Cross; canvas and leather $175
(1973)
Water Softener Sears, Roebuck Even at this low price, a manual water softener with
(1973) up to 36,000 hardness-grain capacity $99.95
Wok The Updated Last 16” spun steel; one with a handy steel-ring base to
Whole Earth Catalog sit on gas burners $17.50
(1974)
Jewelry
Bracelet New York Times Tiffany & Company; wide link bracelet of 18 karat gold $1400
(1970)
Brooch Gourmet Yellow sapphire and diamond; one of a kind $6,500
(1973)
Jewel Case Gourmet Gucci; leather with yellow and red accents $99
(1973)
418
THE VALUE OF A DOLLAR Selected Prices, 1970-1974
Automobile, Used New York Times Datsun; 1966 model; sedan; good condition $475
(1971)
Automobile, Used Chicago Tribune Ford Wagon; 1968 model; full-size ranch wagon with
(1972) 6-cylinder automatic and power $545
Tires The New York General Safety-Jet Tires for Volkswagen owners; radial;
Times Magazine Each plus $1.74 Federal Excise Tax $16.95
(1971)
Other
Beekeeping Set The Updated Last Walter T. Kelly’s Complete; the necessary items that
Whole Earth Catalog you need in starting with one hive of bees, including
(1974) bees, necessary tools, and a book of instructions $30
Bowhunter’s License Southern Living Arkansas license fee for non-resident for bow
(1973) hunting deer $10
Cane Sears, Roebuck Pistol-grip; 1” thick maple shaft; walnut finish; 35” $4.98
(1973)
Center Punch Sears, Roebuck Craftsman; automatic; adjusts for light, heavy impression;
(1973) steel; 5” long $5.04
Christmas Tree Sears, Roebuck This Canadian pine is our best-selling 6’ Christmas
(1974) tree of all time; now reduced $6 to our lowest price ever $29.95
Combination Square Sears, Roebuck Craftsman; hardened, ground-steel blade $25.99
(1973)
Dog Tag New York Times Silver plated dog bone shaped tag with animal’s name,
(1970) area code, phone number, city and state engraved $7.50
Folding Chair Sears, Roebuck Aluminum-frame yacht chair $11.65
(1973)
Light Popular Mechanics Magna-Lite; shop light; put the light where it’s needed;
(1972) with magnet base $6.95
Metal Detector Ebony Relco; finds buried gold, silver and coins $19.95
(1972)
Potter’s Wheel Smithsonian Gilbert’s Potterycraft; create your own ceramics;
(1973) seat and flywheel adjust for adults or teenagers $55
Puppy New York Times American Kennels; The Dog Department Store:
(1970) Yorkshire Terrier $199
Lhasa Apsos $249
Pekingese $99
Huskies $150
Rule Sears, Roebuck Craftsman; stainless steel; chrome plated $1.99
(1973)
Rule Sears, Roebuck Stainless steel; not Craftsman; flexible, 6” long $0.89
(1973)
Sander Popular Mechanics Millers Falls; 12 times faster than hand sanding $34.95
(1972)
Saw Sears, Roebuck 9” saw; manual brake for stopping blade quickly;
(1973) performs the same operations as our 12” saw on a
smaller scale $164
Saw Popular Mechanics Dremel Model 572; in one compact, portable unit you
(1972) have a jig saw, disc sander, buffing wheel, bench grinder,
and a flexible shaft machine $49.95
Slide Rule Popular Mechanics 4”; non-warp with 2-color scales on white nitrate face $2.95
(1972)
Tool Set Popular Mechanics Craftsman; 59-piece set; regular separate prices
(1972) total $69.95; all tools fit in 18” x 8” x 9” steel tool box $39.99
Tropical Fish Motor Life Dynaflo; never change aquarium water $13.50
Filter (1971)
Weight Loss Pants Life Sauna Belt; the amazing space-age slenderizer that is
(1971) so sensationally effective $13.50
Personal Care Products
Bath Oil Chicago Tribune Calgon Bath Oil Beads; 16-oz package $0.98
(1972)
420
THE VALUE OF A DOLLAR Selected Prices, 1970-1974
House New York Times For sale; must sell magnificent 7-room, 2 1/2-bath
(1971) colonial; professionally landscaped and decorated;
heated concrete pool, cabana and many extras; sacrifice $55,500
House Chicago Tribune For sale; ranch style triplex in Florida; good income
(1972) from three 2-bedroom apartments $25,500
Hunting and New York Times For sale; 440 acres with 50 acre private lake near
Fishing Lodge (1973) Minoquoa, Wisconsin; year-round lodge with two guest houses
plus garage and out-camp hunting table $75,000
Sports Equipment
Archery Set Sears, Roebuck Bear Target; includes bow, arrows, quiver, and target $28.95
(1974)
Basketball Sears, Roebuck Our lowest price this season for any basketball $4.98
(1974)
Basketball Goal Sears, Roebuck Portable; so stable, rebound action matches most
(1974) permanent goals $99.90
Binoculars New York Times Quazar 2000 Binocular; made in West Germany; weighs
(1970) a mere 18 1/2 ounces $149.95
Life Vest Sears, Roebuck Meets USCG specifications; adult ski vests $20.59
(1973)
Striking Bag Set Sears, Roebuck Wallmount; help develop your body while you
(1974) sharpen timing, reflexes and coordination $34.95
Tent Sears, Roebuck Pitches anywhere; even on solid rock or sand because
(1973) it needs no stakes, and its frame anchors to tent, not in
ground; plus tent fly adds additional protection from rain $89
Tent Sears, Roebuck Two-man nylon pack; 5’ x 7’ sleeping area;
(1973) tent with nylon case $29.99
Weight Bench Sears, Roebuck 500-lb capacity; adjustable back and adjustable
(1973) barbell arms $3,5.87
Telephone Equipment and Services
Telephone Popular Mechanics Western Electric; late-model dial phone same as used
(1972) by all the telephone companies; cost $40 new $6.95
Tobacco Products
Cigarette Box Gourmet Bergdorf Goodman; ceramic $12
(1973)
Cigarette Lighter New York Times A great little lighter with a big difference; works on butane
(1970) fuel, ignites electronically, never needs flints; gold tone
metal case $30
Pipe Popular Mechanics Kirsten; patented radiator stem means cool $3.95
(1972) smoking
Pipe Penthouse Kaywoodie; custom-crafted smoking pipe; new relief $3.95
(1973) grain; custom cut
Tobacco Life Laredo; menthol filter blend cigarette tobacco; smoke the
(1971) freshest menthol filter cigarettes ever for less
than $0.20 a pack $1
Toys
Baby Doll Sears, Roebuck Tenerella; cut $2; this lovely 19” doll has long, dark,
(1974) rooted hair, sparkling go-to-sleep-eyes and
smooth vinyl skin $12.99
Buggy Kit Sears, Roebuck Assemble your own collection of NFL buggies;
(1974) an officially licensed NFL product $5
Coloring Book Chicago Tribune Regularly $0.29 $0.10
(1972)
Doll Sears, Roebuck Rub-A-Dub Dolly; 17”; wash her, dry her,
(1974) then bundle her up after the bath $8.94
Doll Sears, Roebuck Smokey the Bear; acrylic pile and blue denim $4.94
(1974)
Doll Clothes Sears, Roebuck 2-piece hand-knit outfits for 12”–18” baby dolls $3.49
(1974)
422
THE VALUE OF A DOLLAR Selected Prices, 1970-1974
Race Track Popular Mechanics Aurora; who would prefer a pokey loco going around
(1962) in circles to the pulse-pounding action of a road race;
includes land-changing criss-cross layout $21.98
Stuffed Animal Sears, Roebuck Fashionable Friends; cotton felt animal with pert
(1974) cotton-print dresses and bonnets $3.47
Toy Set Sears, Roebuck Get an entire wagonload of 5 of our all-time favorite toys,
(1974) and we’ll include the red wagon for just $1 more; here’s
what you get: Bugs Bunny toothbrush; 40-piece medical
kit; all-steel cash register; 10-piece nesting blocks;
talking telephone $21.78
Walkie-Talkie Sears, Roebuck Pocket-size; keeps you in voice contact with your
(1974) fellow secret agents $19.99
Travel and Transportation
Air Fare The New York New York to Aruba on KLM or American Airlines;
Times Magazine one way $89.50
(1971)
Airfare New York Times American Airlines; California and the West round-trip;
(1973) purchase only 7 days in advance; regular coach fare $336;
you save $156.05 $179.95
Airfare Smithsonian American Airlines; roundtrip group airfare from California
(1973) to Sydney, Australia; includes 10-day lodging and
Hertz Ford Falcon rental car with 500 free miles $683
Bus Ticket Ebony Greyhound Ameripass; good for 60 days of almost limitless
(1972) travel; a new way to see more of America on $2.50 a day $149.50
Cruise Smithsonian Orient Overseas Services; 4-month cruise to Acapulco,
(1973) Panama Canal, Rio de Janeiro, Santos, Buenos Aires,
Capetown, Durban, Lourenco Marques, Singapore,
Hong Kong, Kaohsiung, Kobe, Vancouver, San Francisco;
up to 40 days in port $3,105
European Tour Southern Living Icelandic; one-week car tour, per person, from New
(1973) York, features roundtrip jet to Luxembourg and
self-drive car with unlimited mileage $250
Hawaiian Tour Southern Living Braniff International makes it easy for you to spend
(1973) seven days and six nights discovering Hawaii; includes
accommodations at The Outrigger Surf or Outrigger
West hotel in Waikiki; all transfers between airport and
hotel; a city tour of Honolulu; from Kansas City,
per person $356.31
Sponge Diving Tour Southern Living 25-minute trip on Anclote River, Tarpon Springs, Florida
(1973) where a diver will demonstrate the technique of sponge
diving and bring up live sponges
Adults $1.50
Children $.75
Safari Smithsonian East Africa; in-depth viewing of abundant, various
(1973) wildlife concentrations in famous national parks and
reserves of Kenya and Tanzania $1,519
Trip Chicago Tribune Cartan Travel; Hawaii; lovely enchanting islands;
(1972) enjoy 4 islands, top hotels, great sightseeing entertainment,
9 days in outer islands; 5 days in Honolulu, Waikiki Beach $575
Trip Chicago Tribune VIP Travel Service; Las Vegas; 3 nights, 4 days;
(1972) strip hotel $149
Trip Chicago Tribune Mr. Travel; San Francisco, Los Angeles, Las Vegas;
(1972) two weeks; jet to all three $289
423
Miscellany, 1970-1974 THE VALUE OF A DOLLAR
MISCELLANY 1970-1974
The Mafia Sells Price Panel Okays Bra Price Stretch The
Mafia business is not precisely booming these Price Commission granted Warmaco Inc. per-
days, but business about the Mafia has never mission Monday to lift prices on brassieres
been better. There are nearly 1,000,000 Godfather and girdles.
hard covers in print, and over 10 million paper- The Price Commission granted Warmaco Inc.
backs. Jimmy Breslin’s best selling comic novel permission Monday to lift prices on brassieres
That Gang Couldn’t Shoot Straight—said to be a and girdles.
take-off of the chaotic exploits of Brooklyn’s Gallo As the Price Commission put it, the company
gang—was recently reincarnated as a movie. Gay will be permitted to raise prices on the following
Talese’s Honor Thy Father, a detailed and under- items by the stated maximum amount: Bras-fiber,
standing portrait of the son of Mafia Boss Joseph filler, 12 percent; bras, soft cup, 10 percent; bras,
Bonanno, has been on the bestseller lists for four Love Touch, 7.5 percent; bras, Love Lace, 7.5 per-
months, and recently brought a beefy $451,000 cent; coresellettes, 4.8 percent; and girdles, con-
for paperback rights. trolled 9 percent.
Time, March 13, 1972 In another case, the commission approved
requested price increases by Diamond
U.S. Compensating Kin of Raid Dead; International on toothpicks, clothes pins and
Cambodians In Town Hit by Error Will Get wooden ice cream sticks. The request ranged
$400 Each from 2.95 percent to 5.02 percent.
The United States made formal restitution to Atlanta Constitution, February 15, 1972
Cambodia today for an accidental American air
raid Aug. 6 against the Mekong River town of $5.50 Kit Tells If You’re Pregnant
Neak Buong in which 137 civilians and Mrs. Earl Callan’s menstrual period was eight
Cambodian Government soldiers were killed and days overdue. The Toronto, Ontario, housewife
282 wounded. decided to wait no longer to determine if she was
Under an agreement signed today by the pregnant. As she completed the family shopping
Cambodian and American Governments, the for the day, she stopped in the neighborhood
United States will pay surviving relatives of each drugstore and picked up a three-inch square
of the dead the equivalent of about $400. paper box bearing the brand name of Confidelle.
New York Times, August 23, 1973 She paid $5.50 for it and hurried home.
Atlanta Constitution, February 17, 1972
The Aging American Indian
The indicators of Indian suffering are appalling.
Their life expectancy is 44 years, compared with
71 for white Americans. The average income for
each Indian family living on a reservation—and
more than half do—is only $1,500. The average
years of schooling is 5.5, well behind that of both
the black and Mexican American. Some officials
rate 90% of reservation housing as substandard.
Unemployment ranges from a low of 20% on the
more affluent reservations to 80% on the poorest.
The birth rate of Indians is 2 1/2 times that of
whites—a majority of Indians are under 20 years
old. The average family has to carry water for its
daily needs at least a mile. It is usually done
afoot.
Time, February 9, 1970
424
THE VALUE OF A DOLLAR Miscellany, 1970-1974
MISCELLANY 1970-1974
PBA Plans a Job Action to Gain Pay Raise Gold Price Rises to a Record of $62.37; A
In his brief news conference yesterday, Mr. Commercial Shortage Brings Heavy Buying
Kiernan said that patrolmen were not satisfied In Long Market
with the money among other things in the re- A new gold rush prompted by a commercial
jected contract. The proposed increases would shortage of the metal shot its price to new peaks
have raised the salaries of patrolmen $2,150 today in Europe’s free markets.
between Jan. 1, 1971, and Jan. 1, 1973, when the The flow of buying orders swept the price to a
final $750 increase would have gone into effect. record closing level of $62.37 an ounce in
Thus, their pay would have gone from the pres- London. This was more than $24 above the offi-
ent $12,150 to $14,308. cial United States price for monetary gold. The
Various other benefits, such as night differen- previous closing high was yesterday at $59.55.
tial, paid holidays, uniform allowance, annuity The picture was much the same in Zurich,
fund payments, medical plan costs and city con- Switzerland, the other major trading center. Gold
tributions to the PBA health and welfare fund, rose to $62.25 an ounce in Zurich, before it
according to the PBA’s computations, would have closed at $62. The previous recording in
raised the annual wage and benefits of a patrol- Switzerland just topped the $60 mark on May 31.
man to $16,894 as of Jan. 1, 1973. In Frankfurt active buying pushed the price to
Mr. Kiernan said that the delegates, represent- a record of $59.22, compared with the previous
ing the city’s 27,000 patrolmen, had decided also high of $58.49 last Friday, dealers said. In France,
to start a public relations program to tell people where the market is controlled the price was a
of the city why policemen should be paid more more modest $58.16, up from $57.19 yesterday.
than firefighters and sanitation men. New York Times, June 7, 1972
New York Times, June 7, 1972
425
Historical Snapshot, 1975-1979 THE VALUE OF A DOLLAR
HISTORICAL SNAPSHOT
1975-1979
1975 ABC offers industry’s first $1 mil- Tax code permits 401(k) savings
First desktop microcomputer avail- lion per-year contract, to Barbara plans for first time
able Walters of NBC 8 airlines control 81% of domestic
Pet rocks go on sale, featuring obe- Clothier Abercrombie & Fitch market
dience, loyalty, and low mainte- declares bankruptcy 26 major-league baseball teams
nance costs 100 companies sponsor 76% of net- show average profit of $4,526
Unemployment hits 9.2% work TV ads Pepsico acquires Mexican fast-
Mobil Petroleum buys Mont- food chain Taco Bell
Minnesota first state to require
businesses, restaurants, and insti- gomery Ward for $1 billion President Carter signs legislation
tutions to establish no-smoking raising the mandatory retirement
age to 70
areas 1977
Unemployment rises to 6 percent
New York City averts bankruptcy Balloon angioplasty developed for
with $2.3 billion federal loan reopening diseased arteries of the First class postal rate goes to 15
heart cents per ounce
Beef consumption falls 9%; chick-
en consumption rises nearly 35% U.S. and Canada sign pact to build
1979
McDonald’s opens its first drive- gas pipeline from Alaska to Midwest
New York City’s Citicorp Building
thru restaurants 1.9 million women operate busi-
completed
Time-sharing of vacation real nesses
Multiple-mirror telescope installed
estate introduced in U.S. 20,000 shopping malls generate at Mount Hopkins in Arizona
Record 120,000 Americans declare 50% of total retail sales
Sony Walkman, a portable tape play-
personal bankruptcy Pepsi tops Coca-Cola in sales for er with headphones, is introduced
first time Gold sells for more than $400 per
1976 Three major networks control 91% ounce
Jimmy Carter elected president of prime-time audience First Jiffy Lube fast oil-change
Cuisinart home food processor American Express becomes first automotive service center opens
introduced service company to top $1 billion Avon products acquires Tiffany & Co.
$68 million football stadium opens in sales Ford Motor Co. acquires 25% of
in East Rutherford, NJ Japan’s Mazda Motor Co.
Colossus Cave, first computer 1978 Controls on oil prices lifted
game, designed at Princeton Airline Deregulation Act eliminates Three-Mile Island near meltdown
3,420 lobbyists registered in federal controls on fares and routes arouses antinuclear forces
Washington, DC California voters adopt Proposition Inflation worst in 33 years; prices
Congress passes law to admit 13 to control property taxes increase over 13.3%
women in military academies Gold sells for $245 per ounce Prime lending rate at banks hits 14.5%
426
THE VALUE OF A DOLLAR Selected Income, 1975-1979
Account Executive Chicago Tribune Prefer college degree and background in teaching, sales $12,000
(1978) or management $15,000/yr to start
Accountant Los Angeles Times Min 2 yrs experience in general accounting; diversified $18,000/yr
(1978) corporation in sales and distribution
Accountant Los Angeles Times Semi-sr to strong srs, audit and heavy tax positions; $30,000/yr
(1978) permanent with small to “BIG 8” firms
Accounting Clerk Los Angeles Times Accounting personnel service $900/mo
(1978)
Actor Guinness Book of Per single episode fee paid to Peter Falk for his role
World Records in the television show Columbo [1976] $350,000
(1981)
Administrator New York Times Children’s theater association $13,000/yr
(1977)
Author Guinness Book of Advance paid by Bantam Books to Judith Krantz for
World Records Princess Daisy $3.2 million
(1981)
Baseball Player USA Today Sports Salary of Minnesota Twins baseball player Rod Carew
Weekly in 1978 $150,000
(2004)
Baseball Player New York Times 1975 annual salary of relief pitcher Tug McGraw,
(2004) Philadelphia Phillies $75,000
Bookkeeper Los Angeles Times Full charge; CPA office $18,000/yr
(1978)
Bowler Guinness Book of Earnings of professional bowler Mark Roth $134,500
World Records [1978]
(1981)
Bowling-alley Los Angeles Times Desk sales $184/wk
Trainees (1978)
Business Executive Guinness Book of Salary, bonus, stock and other benefits paid to David
World Records Tendler of Englehardt Minerals and Chemical Corp.
(1981) and President of Philipps Brothers trading division
[In 1979] $2,202,938
Business Manager Los Angeles Times Multimember university medical practice; billing and $18,000/yr
(1978) organization experience necessary
Cashier (Restaurant) New York Times Nights, 5–6 days $3.50/hr
(1977)
Chef Los Angeles Times Seafood $1,500/mo
(1978)
Executive Secretary Los Angeles Times Fast notes or light shorthand; one person only in busy $1,200/mo
(1978) sales firm
Football Player The State Newspaper Payment in 1978 to each member of the Dallas Football
Columbia, SC team for winning the Super Bowl $18,000
(2004)
Golfer Guinness Book of Earnings of professional golfer Nancy Lopez $197,488
World Records [In 1979]
(1981)
Industrial Engineer Chicago Tribune National consulting firm, enjoying 20 years of continuing $22,000–
(1978) growth, has opening for qualified engineer for consulting $25,000/yr to
assignments involving full range of industrial-engineering start
disciplines
Keypunch Operator New York Times 3742 or Key Disc; minimum one year’s experience;
(1978) 35 hours, 5 days a week; per week $130 to $180
427
Selected Income, 1975-1979 THE VALUE OF A DOLLAR
Nobel Prize Award Guinness Book of Amount paid to each of the 1979 Nobel Prize winners
(1979) World Records in Physics, Chemistry, Medicine and Physiology,
(1981) Literature, Peace and Economics $192,775
Programmer/Analyst Chicago Tribune Do you know or want to learn any of the following $1,450–
(1978) applications: IMS, MRP, CICS, MVS, IOMS, VSAM, $2,100/mo
DB/DC, A/R, or A/P?
Race Car Driver Guinness Book of Earnings of NASCAR driver Richard Petty $531,292
World Records [In 1979]
(1981)
Receptionist New York Times Exciting Sportswear designer anxious to hire outward $170–$190/wk
(1977) individual
Receptionist Los Angeles Times Greet clients, handle phones; a variety of public $850/mo
(1978) contact and general office duties for top law firm
Research New York Times Well-known Fifth Avenue firm seeks sharp, personal $12,800/yr
Coordinator (1977) individual to act as coordinator in research effort
Respiratory Los Angeles Times 2-year graduate or CRTT $944/mo
Therapist (1978)
Rodeo Cowboy Kristine Fredriksson, Annual winnings of Tom Ferguson in 1976 $114,000
American Rodeo
(1985)
Rodeo Rider Guinness Book of Prize money earnings of rodeo rider Tom Ferguson $131,233
World Records [In 1978]
(1981)
Sales Chicago Tribune Art sales; long term security; fast advancement; no $800/wk, plus
(1978) experience necessary commission
Sales Chicago Tribune Dialysis equipment $22,000–
(1978) $24,000/yr
Secretary New York Times Gal/Guy Friday; Executive Secretary for health
(1978) management company; per year $10,000 to $12,000
Secretary Chicago Tribune Fantastic world famous ad agent will train you to work $13,000/yr
(1978) with him on million-dollar account
Secretary/Clerk New York Times 2 days wkly, Tuesday & Thursday $5/hr
(1977)
Social Secretary Chicago Tribune Secretary will receive telephone messages and $175/wk
(1978) correspondence for employer
Stunt Man Guinness Book of Fee paid to Dar Robinson for a 1,100-foot-high leap
World Records off the CN Tower in Toronto for the movie High Point $100,000
(1981) [In 1979]
Tennis Player Guinness Book of Earnings of professional tennis player Martina $747,548
World Records Navratilova [In 1979]
(1981)
Wine Consultant Chicago Tribune Immediate openings with PIEROTH, a 371-year old $25,000/yr
(1978) internationally known German winery.
Ours is an exclusive guaranteed-high-quality product.
428
THE VALUE OF A DOLLAR Consumer Expenditures, 1975-1979
429
Investments, 1975-1979 THE VALUE OF A DOLLAR
INVESTMENTS 1975-1979
Investments 1975 1976 1977 1978 1979
Basic Yield, One-Year Corporate Bonds 9.57 9.01 8.43 9.07 10.12
Short-Term Interest Rates, 4–6 Months,
Prime Commercial Paper 6.33 5.35 5.60 7.99 10.91
Basic Yield, Common Stocks, Total 4.31 3.77 4.56 5.28 5.46
Index of Common Stocks (1941⫺1943⫽10) 85.17 102.01 98.18 96.11 107.94
COMMON STOCKS, CLOSING PRICE AND YIELD, FIRST BUSINESS DAY OF YEAR
(Parenthetical number is annual dividend in dollars)
Allis Chalmers 6 3/4 12 1/8 26 1/2 24 3/4 29 5/8
(.26) (.40) (.90) (.60) (1.70)
American Brands 31 1/2 38 3/4 45 1/4 42 1/2 50 3/8
(2.56) (2.68) (2.80) (3.04) (4)
Anaconda 14 1/2 (1) 17 1/8 30
(Merged as wholly owned subsidiary of Atlantic (.60) (.60)
Richfield, 1/12/77)
Bethlehem Steel 24 7/8 33 1/2 39 7/8 20 3/8 19 7/8
(4) (2) (2) (1) (1)
CPC Intl 33 43 46 7/8 45 3/4 49 1/2
(2) (2.14) (2.30) (2.50) (2.70)
Delta Airlines 29 1/8 37 5/8 39 1/4 39 1/8 42
(.60) (.60) (.70) (.70) (1)
General Electric 33 3/4 46 5/8 55 3/8 48 3/4 47
(1.60) (1.60) (1.80) (2.20) (2.60)
General Motors 31 7/8 58 3/8 78 61 1/2 55
(3.40) (2.40) (5.55) (6.80) (6)
IBM 168 7/8 226 1/2 276 1/2 268 3/4 303 1/2
(5 shares for 4 split, 5/10/73) (6) (7) (9) (11.52) (13.76)
(4 shares for 1 split, 5/31/79)
Intl Harvester 20 1/4 23 1/8 32 7/8 29 5/8 36 7/8
(1.70) (1.70) (1.85) (2.10) (2.30)
Nabisco 22 3/4 38 5/8 50 1/2 46 1/2 25 3/8
(2.30) (2.30) (2.40) (2.52) (1.50)
US Steel 38 1/2 65 3/8 49 3/8 31 3/8 22 1/8
(4) (2.80) (2.20) (2.20) (1.60)
Western Union 9 1/4 16 1/4 20 1/4 16 7/8 15 1/2
(1.40) (1.40) (1.40) (1.40) (1.40)
430
THE VALUE OF A DOLLAR Standard Jobs, 1975-1979
431
Food Basket, 1975-1979 THE VALUE OF A DOLLAR
432
THE VALUE OF A DOLLAR Food Basket, 1975-1979
433
Selected Prices, 1975-1979 THE VALUE OF A DOLLAR
Alcohol
Beer Chicago Tribune Stroh’s; 6-pack $1.49
(1978)
Vodka Chicago Tribune Smirnoff; 80-proof; 1.75 liter $8.59
(1978)
Wine Butler New York Times Never spill another drop of wine when you pour with Wine
(1978) Butler; made from space-age material that cuts off the last
drop cleanly, returning it to the bottle; with sterling
silver crown $24.50
Apparel, Children’s
Belt Sears, Roebuck Leather strap with all around three-hole perforations
(1976) and three-prong metal buckle $3.99
Boots Sears, Roebuck Winnie-the-Pooh; over the foot pull-on boot $10.99
(1976)
Briefs Sears, Roebuck Rib knit with two-way stretch $2.99
(1976)
Coat Sears, Roebuck Winnie-the-Pooh; all-weather trench coat $19
(1976)
Coat Sears, Roebuck Balmecaan; single-breasted styling $8.99
(1976)
Coverall Sears, Roebuck Corduroy $3.99
(1976)
Dress Sears, Roebuck No-iron dresses at low prices; save $1 when you buy any
(1976) 2 dresses in any style, in any size $5.49
Dress Sears, Roebuck Picture-perfect no-iron dresses $3.49
(1976)
Dress Sears, Roebuck Winnie-the-Pooh; dresses never need ironing $10
(1976)
Gown Sears, Roebuck Screen-printed across yoke, “My Heart Belongs to Daddy” $4.99
(1978)
Jacket Sears, Roebuck Denim jackets with screen-print back; motorcycle,
(1976) Budweiser, American eagle $9.99
Jeans Sears, Roebuck Perma-prest; denim jeans; wise buys for thrifty shoppers $3.88
(1976)
Jeans Sears, Roebuck Toughskins; the toughest of Sears, Roebuck tough
(1976) casual jeans; lab tests prove it $5.99
Pajamas Sears, Roebuck Winnie-the-Pooh; has pants that are hem-stitched at
(1978) ankle $5.99
Play Suit Sears, Roebuck Winnie-the-Pooh; our finest sleep ‘n’ play suit;
(1976) heavyweight stretch-knit terry $4.99
Raincoat Sears, Roebuck Water-repellent vinyl raincoat; boys’ sizes 6 to 16 $3.79
(1976)
Shirt Sears, Roebuck Cat appliqué $6.99
(1976)
Shirt Sears, Roebuck Perma-prest knit shirt $2.99
(1976)
Shirt Sears, Roebuck Tie-dyed shirt $5.99
(1976)
Shirt Sears, Roebuck Wet-look shirt $5
(1976)
Shoes Sears, Roebuck T-strap $10.99
(1976)
434
THE VALUE OF A DOLLAR Selected Prices, 1975-1979
Slippers Sears, Roebuck Mom will love these slippers as much as the kids because
(1976) they’re so easy to keep clean; just machine wash, warm $4.99
Socks Sears, Roebuck Novelty knee-high socks; multicolor florals $1.59
(1976)
Socks Sears, Roebuck Tube socks; three pairs $2.97
(1976)
Sweatshirt Sears, Roebuck Hooded sweatshirt $5.99
(1976)
Tank Top Sears, Roebuck Pullover contrast rib-knit trim at U-neck and
(1976) sleeve openings $4.99
Tights Sears, Roebuck Stretch nylon in opaque knit $1.67
(1976)
Underwear Sears, Roebuck Perma-prest underwear for girls and boys; three in
(1976) package $2.99
Vest Sears, Roebuck Girl’s rosebud print vest $2.99
(1976)
Apparel, Men’s
Briefs New York Times Bravos; bikinis and fly front briefs $1.99
Magazine
(1975)
Coat New York Times Antartex Main Shop; from Scotland; 9 skin colours,
Magazine 8 sheepskin types $175
(1975)
Jeans Sears, Roebuck 100% cotton denim jeans; 3 proportioned cuts mean your
(1977) jeans will fit and feel better; prewashed blue $13
Jeans Sears, Roebuck Toughskin; casual jeans $6.39
(1977)
Moccasin Smithsonian J&M After Hours Swanee I; moccasin toe, clip-on
(1976) styling for good looks and comfort $37.50
Pants New York Cable Car; cotton corduroy hobby pants; fuller cut,
Magazine pleated for leisure, travel, golf, or puttering $19
(1975)
Robe Smithsonian L. L. Bean; chamois cloth; a high grade 100% cotton
(1976) flannel, thickly napped on both sides $33
Shirt Popular Mechanics Canadian Mist Chamois cloth shirt; long sleeves and
(1977) long tuck-in tails $12.50
Shirt New York Times Bravos; tank shirt; bold, individually expressed in
Magazine DuPont’s 100% 2-ply stretch nylon $2.99
(1975)
Shirt Sears, Roebuck Perma-Prest; long-point banded collar;
(1977) permanent stays; 65% polyester, 35% chambray $7.99
Shirt Sears, Roebuck Rugby-style long-sleeve knit shirts $4.49
(1977)
Socks New York Times Interwoven satin stripe; the handsome alternating stripes
Magazine of Antron nylon add just right lustre $2
(1975)
Socks Smithsonian Eddie Bauer; goose down; fully insulated and quilted
(1976) in tough nylon taffeta $9.95
Ties Smithsonian Wm. Chelsea, Ltd.; Tin Lizzie design, select blue or
(1976) brown $10
Touring Cap New York Times L. L. Bean; attractive and sturdy sports cap of
Magazine brushed-pigskin leather $7.50
(1975)
Vest Smithsonian Autstral Enterprises; Welsh sheepworker’s;
(1976) a casual top for work or leisure; made of the best
12-oz Welsh flannel; 100% wool $27.50
435
Selected Prices, 1975-1979 THE VALUE OF A DOLLAR
Apparel, Women’s
Blazer New York Times Lord & Taylor; smoothly knit; personal and Dacron,
Magazine America’s finest polyester $50
(1975)
Blouse New York Times Lydia; Edwardian; of white lawn with embroidery
Magazine Anglaise and Irish-lace trimming $200
(1975)
Body Briefer Sears, Roebuck Featherweight all-in-one of sheer, glistening Antron nylon
(1977) and spandex lets your clothes fall in sensuous unbroken
lines; especially desirable under close-fitting outerwear $16
Coatdress Sears, Roebuck Double-knit polyester; multicolor pali-print bodice with
(1977) pique texture $21
Coverup Sears, Roebuck Front-tie closing at rounded neckline, shirring at front
(1977) and back yoke $13
Gown New York Times Elizabeth Arden Salon; innocence is Blass; and very in $125
(1977)
Jacket Dress Atlanta Journal Lady Carol; sleeveless striped dress and matching
and Constitution short-sleeve jacket, 100% encron polyester $32
(1978)
Jumpsuit Sears, Roebuck Easy-fitting step-in-style with a front-button opening $21
(1977)
Jumpsuit Sears, Roebuck Pre-washed denim; sized to be worn over underwear $31.99
(1977)
Kimono New York Times Saks Happy Coat; in woven textured polyester;
Magazine traditional length 36” $35
(1975)
Maternity Top Sears, Roebuck Pull-over style with sweetheart neckline; front yoke of
(1977) broadcloth with an inset of denim $9
Maternity Top Sears, Roebuck With Mom motif $8
(1977)
Pants New York Times Koret of California; seersucker; creating resort
Magazine wardrobes that set the pace for summer fashion;
(1975) 65% Dacron polyester, 35% cotton $20
Pants Sears, Roebuck Tailored; extra-smooth heavyweight single-knit polyester
(1977) that looks woven $12
Panty Sears, Roebuck Knee length; smoothes from waist through thighs $10.38
(1977)
Shirt New York Times Koret of California; printed polo; creating resort
Magazine wardrobes that set the pace for summer fashion;
(1975) 65% Dacron polyester, 35% cotton $15
Shoes Atlanta Journal Bakers; glazed cork; sure allure on 4” heels; from our
and Constitution collection of urethane beauties, timed for day or disco $19.99
(1978)
Shoes Atlanta Journal K-Mart Lighthearted Sandals; cut out for fun,
and Constitution 3-tier upper bands in white vinyl, bone, or teak urethane $4.91
(1978)
Shoes Rolling Stone Kalso Earth Shoe; the theory of pure walking $23.50
(1975)
Shoes Sears, Roebuck Oxford with two-eyelet tie $7.99
(1977)
Shoes Sears, Roebuck Wedge pump; pillow-soft shoe insole of cushioned vinyl $12.99
(1977)
Slack-Companion Sears, Roebuck Calf-length panty gives a smooth line; stretch lace
(1977) leg bands $12.38
436
THE VALUE OF A DOLLAR Selected Prices, 1975-1979
Food Grinder Sears, Roebuck Handy-size food grinder; convenient size for travel;
(1976) only 5” high; serve fresh natural foods right at the table $4.50
Mattress Pad Sears, Roebuck Our finest crib-size mattress pad; it’s quilted, waterproof $5.99
(1976)
Nurser Sears, Roebuck 26-piece disposable nurser kit; presterilized bag collapses
(1976) as baby drinks, so baby takes in less air $5.99
Pajamas Sears, Roebuck One-piece style; gripper snaps down front, crotch,
(1976) both legs; short sleeves $2.79
Pants Sears, Roebuck Corduroy boxer pant; 2 in package $3.99
(1976)
Seat Carrier Sears, Roebuck Lightweight, portable; cradles baby for feeding, rocking,
(1976) toting from place to place $9.99
Sleeper Sears, Roebuck Winnie-the-Pooh; our finest stretch terry sleep ‘n’ play
(1976) suit $4.99
Slippers Sears, Roebuck Infant’s slippers and bag set; a cuddly combination that’s
(1976) sure to please; set includes Pooh slippers plus matching
and handy hanging hook $5.99
Stroller Sears, Roebuck Swivel-wheel stroll ‘n’ fold; handy ideas for outgoing
(1976) swivel front wheels take corners easily, umbrella-type
mother; handle totes easily on mother’s arm, leaves both
handles free $24.99
Walker Sears, Roebuck Circular; easy to disassemble for compact storage $10.88
(1976)
Waterproof Sheets Sears, Roebuck Reversible waterproof sheets; two layers of warm fleeced
(1976) cotton flannelette laminated to a pure gum rubber core;
package of 2; 27” x 26” $3.99
Business Equipment and Supplies
Briefcase Smithsonian Paul McAfee & Friends; natural leather; legal size,
(1976) 11” by 16 3/4” case $35.95
Calculator Chicago Tribune Texas Instruments; pocket calculator $74.95
(1978)
Calculator Chicago Tribune Texas Instruments Exactra; electronic calculators;
(1978) adds, subtracts, multiplies, and divides;
battery operated and easy to use $29
Copier New York Times Saxon; plain paper; we’d like to demonstrate the
(1977) reasons for our success $2,995
Drill Press New York Times Chicago Power Tools; cast iron head, 1/2 horse power
(1978) 1725 motor; 5 speed $199
Phone Rates New York Times Bell System; three minute call from United States to
(1978) Paris, Berlin or Amsterdam; station-to-station $6.75
Collectibles
Automobile Guinness Book of Price paid in 1979 for a 1936 Mercedes-Benz Roadster $421,040
World Records
(1981)
Bedside Cupboard Antiques With tambour door; circa 1790 $690
(1977)
Book Art & Antiques William Falkner’s one-act play entitled “Marionettes,”
(1993) hand-lettered by author, sold in auction in 1975 $34,000
Bookcase Antiques Antique Chippendale cherry; especially noteworthy for its
(1977) ventilated cornice, double-raised panel doors; circa 1790 $6,600
Camera Guinness Book of 1856 J. B. Dancer stereo camera sold in 1977 $42,000
World Records
(1981)
Card Table Antiques Chippendale fold-over table; circa 1760; mahogany with
(1977) cariole legs and claw-and-ball feet $1,950
Clock Antiques Nineteenth-century country French Horloge cherry clock;
(1977) height 7’ 9 1/2”, width 19 1/2”, depth 11 1/2” $2,800
438
THE VALUE OF A DOLLAR Selected Prices, 1975-1979
Education
Golf School New York Times Concord Golf School; six days and five nights based on
(1978) double occupancy, per person; intense instruction $650
TV/Audio Popular Mechanics NRI School; A complete course in black and white
Home Study (1977) and color TV servicing, including 48 lessons, 10 special
reference texts and 11 training kits $550
Entertainment
Hockey Ticket Chicago Tribune Stanley Cup playoffs; Black Hawks vs. Boston $6.50–$18.75
(1978)
Movie Ticket Chicago Tribune Dirty Mary Crazy Larry; carload $4
(1978)
Movie Ticket Chicago Tribune Golden Voyage of Sinbad $1
(1978)
Movie Ticket Chicago Tribune Serpico; Al Pacino $0.75
(1978)
Resort Package New York Times Granit Hotel and Country Club; the only resort catering
(1978) exclusively to adults; weekly package, 8 days, 7 nights,
per person, double occupancy $196–$229
Theater Ticket New York Times Beatlemania; phenomenal; a case example of
(1977) the theater’s miracle; Saturday evening $11/$13/$15
439
Selected Prices, 1975-1979 THE VALUE OF A DOLLAR
Theater Ticket New York Times A Chorus Line; Pulitzer prize for drama, winner of
(1977) 9 Tony awards; orchestra and boxes $17.50
Theater Ticket Chicago Tribune Rustic Barn Confidence Game; 3-act comedy; dinner
(1978) theater; play; gratuity; choice of 5 dinner entrees $8.95
Entertainment, Home
Camera Smithsonian Kodak EK$ Instant; pictures that develop in minutes,
(1976) the image protected by an elegant, textured, satinlux finish;
automatic exposure control and electronic shutter $54
Camera Smithsonian Kodak TrimLite Instamatic 48; has a superb
(1976) f/2.7 Ektar lens and a coupled range finder $129
CB Base Station and Atlanta Journal K-Mart; AM/CB receiver with morse code function;
Walkie Talkie and Constitution transmits on channel 14 $16.97
(1978)
CB Radio Chicago Tribune Basic 40-channel mobile CB radio $39.88
(1978)
Game New York Times Pachinko Pinball Game; A fast, challenging game of
(1978) action $22.50
Projector Smithsonian Kodak Carousel Custom 850H; auto-focus;
(1976) quiet dependability $275
Radio Sears, Roebuck Stereo headphone radio; plays anytime and anyplace $39.50
(1978)
Stereo Cassette Smithsonian Sony CF-580; the first complete stereo cassette
System (1976) system that’s portable $400
Stereo Receiver Rolling Stone Pioneer SX-737; offers a level of performance that
(1975) can only be described as awesome $400
Turntable Rolling Stone Dual 1225; fully automatic, single-play/multi-play;
(1975) viscous damped cue-control; pitch control $199.95
Farm Equipment
Tractor Guinness Book of 65-ton Northern Manufacturing Company 8-wheeled,
(1978) World Records 16V-747 tractor $325,000
(1981)
Food Products
Alaskan King Crab Chicago Tribune Al’s Fishery; split; precooked; 3 lb bag;
(1978) reg. $3.99; while supply lasts $2.50/lb
Fruit Cake New York Times Marty’s Ol Fashion; fresh to you in time for the
Magazine holidays; three one-pound loaf cakes $6
(1975)
Crackers New York Times Carr’s Table Wafers; 12 ounce can $3.99
(1978)
Food New York Times The Country Grocer; the first all natural supermarket
(1978) in New Jersey
Organic Roast Beef, per 1/2 pound $1.99
Turkey Breast, cooked on premises, per 1/2 pound $1.89
Alta Dena flavored Yoghurt, sweetened with honey,
8 ounces $.49
Soup New York Times Pepperidge Farm cold fruit soups; fresh off-the-vine taste;
(1978) strawberry, prune, peach, cherry, apricot and orange
Per 10 3/4 ounce can $1.19
Furniture
Bean Bag Sears, Roebuck Wet-look vinyl; graphic prints $37.95
(1977)
Bunk Beds Sears, Roebuck Bunk outfit with 6 storage drawers and two bookcases $439.95
(1977)
Chair Atlanta Journal James David; contemporary; designs in thick gleaming
and Constitution chrome with deep foam cushions covered in beautiful,
(1978) durable rust corduroy $109
440
THE VALUE OF A DOLLAR Selected Prices, 1975-1979
Chair New York Times Breuer Chairs; black with hand-caned seat and back;
(1978) the authentic Italian import $32.50
Chaise Group Atlanta Journal 3-piece; includes chaise, armless love seat, cocktail table $699
and Constitution
(1978)
Cocktail Table Atlanta Journal Woodmere; 32” square table, wormy chestnut finish $139
and Constitution
(1978)
Mate’s Bed Sears, Roebuck With two storage drawers, mattress, and foundation $169.95
(1977)
Stereo Wall System Atlanta Journal Brazil Contempo; units finished in exotic mercuro
and Constitution laminate; feature tempered-glass door, lighted cabinets
(1978) and chrome trim; all units are a full 15” deep x 72” high
30” wide $199
Trestle Table New York Times Great North Woods; butcher block; made from
Magazine natural 2”-thick hard-rock maple and finished by
(1975) hand; 24” x 60” $62.40
Trestle Table and Sears, Roebuck 3-piece set includes table and 2 side benches $289.95
Benches (1977)
Garden Equipment and Supplies
Fence New York Times Chain link and stockade fences; standard 2 inch mesh
(1978) Per running foot $.80
Flower Smithsonian Christmas crocus; twelve Holland bulbs, preplanted
(1976) and ready to grow $11.95
Hummingbird Feeder Smithsonian Droll Yankee; has three feeding stations,
(1976) a three-year guarantee $13.50
Lawn Sweeper Sears, Roebuck Self-propelled; brush adjusts to 9 different heights to
(1977) whisk up grass, leaves; 3 1/2 hp $229.99
Lawn Sweeper and Sears, Roebuck Lawn Valet; vacuum, compactor, and bagger; clears a
Bagger (1977) 25” path; converts to blower to clear an 8’ path; reduces
4 bushels of leaves to 1; no lower price since 1975 $186
Seeds Chicago Tribune Excel; flower and vegetable seeds; limit 6 packs;
(1978) six packs $0.59
Hotel Rates
Hotel Room New York Times St. Moritz on the Park; handsome views of
Magazine New York’s Central Park $31/day
(1975)
Hotel Room Chicago Tribune Schwartz Resort Hotel; 6 days, 5 nights $110
(1978)
Room Rate Guinness Book of Cost of staying at the Celestial Suite on the 9th
World Records floor of the Astro Village Hotel, Houston, Texas
(1981) Per day $2,500
Room Rate New York Times Stouffer’s Inn of Westchester; Get out of the jungle this
(1978) weekend; swim, jog and exercise; enjoy in-room movies;
per person based on double occupancy $72
Room Rate New York Times Barbizon Plaza Hotel; Enjoy Central Park in bloom
(1978) across the street; single anytime, per night $35.90
Room Rate New York Times Jeronimo’s Place in the Country; No big name stars;
(1978) no planned activities; no yoga, reducing or any other
courses; no rap sessions; no hassles; per person,
per day $30
Household Products
Apron Gourmet Cotton and polyester; adjustable $12
(1976)
Bath Scale Sears, Roebuck Extra-large bath scale has handle for easy portability $17.99
(1977)
Bedspread Sears, Roebuck Woven; an early American touch; no-iron coordinates $34.96
(1977)
441
Selected Prices, 1975-1979 THE VALUE OF A DOLLAR
Restroom Radio Sears, Roebuck AM radio was $6.99 in our 1974 Christmas book $5.95
(1978)
Sheets New York Times Satin twin; flat and fitted; slip into the luxury of these
Magazine acetate satin sheets $12
(1975)
Sheets Sears, Roebuck Perma-prest muslin sheets in fun prints; Peanuts, Dumbo,
(1977) Tiger-Tiger, Budweiser; twin $4.99
Sheets Atlanta Journal Country Lace by Suzanne Pleshette; twin; a stylized
and Constitution gingham check, made of no-iron cotton/polyester
(1978) percale from Utica $7
Storm Windows Sears, Roebuck Triple-track insulating aluminum frame storm-screen
(1977) windows; requires minimal maintenance $32.95
Towel Atlanta Journal In thick all-cotton terry, and measuring a generous
and Constitution 32” x 65”; imported from Brazil $9.99
(1978)
Trash Bags New York Times Plastic City trash bags; Our bags are double strength
(1978) because they’re virgin poly not repro; box of 500,
10-gallon size $19.95
Vacuum Cleaner Chicago Tribune Eureka; bigger bag capacity to work harder, longer;
(1978) fewer changes $49.88
Jewelry
Cigarette Case New York Times Colibri; French enamel; precision-crafted with old world
Magazine pride of craftsmanship, in Colibris hand-surfaced
(1975) Cloisenamel finish $34.95
Earrings New York Times S. Marsh & Sons; exquisite pave diamond earrings,
Magazine with 96 full-cut diamonds weighing 4.53 karats,
(1975) 18K gold and platinum $2,290
Necklace New York Times International Museum Talisman of Love; the apple of
Magazine Solomon—a love charm and talisman; 2” in diameter,
(1975) struck in solid bronze $22
Necklace Sears, Roebuck His or hers; elegant fine-link construction $9
(1977)
Watch New York Times Baume & Mercier; woman’s; excitement in 14 karat gold $650
Magazine
(1975)
Watch New York Times Concord; man’s wrist watch; 18K gold electroplated;
Magazine the second generation in digital watches by Concord $395
(1975)
Watch New York Times Gruen Telestar; clip bracelet for women; at the press of a
Magazine button, brings you the hours, minutes, seconds, month
(1975) and day; bracelet is in sterling silver with gold-filled
highlighting $300
Watch New York Times Movado; ladies wrist watch; sophisticated interwoven
Magazine bracelet of 14K yellow gold $925
(1975)
Meals
Meal Chicago Tribune Lobster Tail; home of famous San Francisco sourdough
(1978) bread $7.95
Meal Chicago Tribune Medium Rare; featuring complete all inclusive dinners
(1978) of prime rib of beef, fresh filet of red snapper, flaming shishkebob;
or fixed price includes 2 cocktails before dinner,
glass of wine with dinner, and one after dinner drink $6.95
443
Selected Prices, 1975-1979 THE VALUE OF A DOLLAR
Meal Chicago Tribune Nordic Steak ‘n Pub; broiled African lobster tail;
(1978) huge salad bar $6.95
Meal Chicago Tribune Port of Entry; featuring complete all inclusive dinners of
(1978) prime filet mignon; African lobster tails; prime rib or beef
succulent barbeque ribs; with your choice of 2 cocktails
before dinner, a glass of vintage wine with dinner, and 1
after dinner drink; Sunday—Tuesday $6.95
Motorized Vehicles, Supplies and Services
Automobile Popular Mechanics 1977 Toyota Corolla; two door sedan; EPA 49 miles
(1977) highway, 36 in the city $2,788
Automobile Popular Mechanics Oldsmobile Cutlass; Cutlass style and Cutlass comfort $4,811
(1977)
Automobile Time Volkswagen Rabbit $3,500
(1976)
Battery Los Angeles Times Firestone Forever; maintenance-free battery;
(1978) any size; 12-volt exchange $59
Car Stereo Sears, Roebuck Citizens Band Transceiver; 40-channel with built in
(1977) AM/FM stereo radio $269.99
Electronic Engine Los Angeles Times Most 4-cylinder cars; foreign or American $29
Tune-Up (1978)
Motorcycle Popular Mechanics Kawasaki 250cc F-11, Enduro; two-stroke engine mated
(1977) to five-speed transmission $699
Motor Oil Chicago Tribune 10W30 all-weather oil; one-quart can $0.39
(1978)
Tire Sears, Roebuck Steel-belted radials; warrantied 40,000 miles $42
(1977)
Tires Popular Mechanics Sears Guardsman 4-ply tires for mid-sized cars, 6-78-14
(1977) black wall prices, plus $2.23 for Federal excise tax $21
Other
Batteries New York Times For all electronic watches, installed by experts $2.95
(1977)
Charcoal Starter Chicago Tribune Gulf Lite; for quick starts; one-quart can $0.57
(1978)
Charitable Donation New York Times Save the Children Federation; for sponsorship of a
Magazine child in one of 27 countries $16/mo
(1975)
Stationery Atlanta Journal Sheridan; 100 sheets and envelopes, antique vellum $6.95
and Constitution
(1978)
Sunglasses Sears, Roebuck Large sunglasses have radiant, smoke-color scratch-
(1977) resistant plastic lenses $7.99
Trophies The State Newspaper Value of Vince Lombardi Trophy, given to the winner
(1978) Columbia, SC of the football Super Bowl game $2000
(2004)
Personal Care Products
Bandages Chicago Tribune Curad; box of 30 assorted sizes $0.69
(1978)
Bath Powder New York Times Chanel No. 19 $7
Magazine
(1975)
Compact New York Times Miss Dior; solid perfume designer miniature;
Magazine brushed-silver toned oval has the famous Dior signature in
(1975) gold-plated letters with long-lasting Miss Dior solid
perfume inside $4.50
Hair Dryer Chicago Tribune Presto; here’s the quickest, easiest, most convenient
(1978) hair dryer $3.88
444
THE VALUE OF A DOLLAR Selected Prices, 1975-1979
Makeup New York Times Revlon Ultima II; creme; 1.5 oz in Aurora, Beige,
Magazine Bronze, Umber, Honey Tan, Tuscan Beige $8.50
(1975)
Mouthwash Chicago Tribune Listerine; 48-oz. mouthwash; price includes
(1978) $0.50 off label $1.99
Perfume New York Times Chanel No. 19; spray; it’s another feeling;
Magazine it’s Chanel $9.50
(1975)
Razor Blades Chicago Tribune Comfort II; reg $1.79 packs $1.29
(1978)
Toothpaste Chicago Tribune Ipana; 7-oz tube of toothpaste $0.59
(1978)
Wrinkle Cream New York Times Revlon Ultima II; translucent $15
Magazine
(1975)
Publications
Book New York Times Isaac Bashevis Singer’s Shosha, a love story set between
(1978) the two World Wars $8.95
Real Estate
Apartment New York Times For rent; Ocean Avenue and Avenue Y; modern-elevator
(1977) building; 3 1/2 rooms $240/mo
Condominium New York Times For rent; 8 rooms, 4 baths $1,025/mo
(1977)
Country House Antiques For sale; 12 rooms built in 1929 in the English tradition;
(1977) more than 207 acres $300,000
Home New York Times Flushing, New York; six rooms, solid brick, 3 bedrooms,
(1978) garage, gas heat $48,500
Home New York Times Woodside/Queens Boulevard, New York; ranch type
(1978) family home, garage, mint condition, modern kitchen,
basement $44,990
Rental New York Times Boca Raton, Florida; magnificent view of the ocean;
(1978) furnished, 2 bedrooms, 2 baths, pool and recreation room;
season rental (four month minimum) $6,400
Summer Home New York Times Stratford, Connecticut; six room summer home; just
(1978) completely remodeled and carpeted; on Long Island
Sound $49,900
Sewing Equipment and Supplies
Cloth Atlanta Journal K-Mart; double knits; polyester yarn-dyed prints and
and Constitution double-blister crepes, 58–60 $1.33/yd
(1978)
Sewing Machine Chicago Tribune Heavy-duty zigzag sewing head $69.88
(1978)
Sports Equipment
Basketball Sears, Roebuck Even at this low price, a basketball with long-wearing
(1976) pebble-grain vinyl/rubber cover $4.89
Basketball Goal Sears, Roebuck Adjustable-height goal for players 6–12 years old;
(1976) you can set height from 7’ to regulation 10’ $49.99
Bicycle Sears, Roebuck 24” youth lightweights; for the shorter youth or the petite
(1976) miss $99
Bicycle Sears, Roebuck 26” midweight bike is built for comfort $64.99
(1976)
Boat Motor Sears, Roebuck Gamefisher; 30-speed twin prop motor; whisper quiet
(1977) electric fishing motors $119
Motorcycle Helmet Sears, Roebuck Meets DOT safety specs where applicable $30.99
(1977)
Pump Sears, Roebuck Inflating pump; steel with 8” barrel $2.80
(1976)
445
Selected Prices, 1975-1979 THE VALUE OF A DOLLAR
Toys
Baby Doll Sears, Roebuck Tenerella; cut $2; this lovely 19” doll has long, dark,
(1978) rooted hair, sparkling go-to-sleep eyes, and smooth vinyl
skin $12.99
Big Slider Gym Sears, Roebuck Has three activities including 9 1/2’ long slide that goes
(1977) over the top $64.99
Bird Model Kits Smithsonian Ariel; little owl card sculptures of wild birds in
(1976) flight; easy to make in a few hours $5.95
Car Set Sears, Roebuck Matchbox $4.47
(1978)
Collector’s Case Sears, Roebuck Matchbox; store and carry up to 72 mini-cars in this
(1978) collector’s case $6.97
Crazy Buggy Sears, Roebuck The do-anything stunt car set $9.95
(1978)
Dome Climber Sears, Roebuck When your muscles tire, take climber into a clubhouse,
(1977) just cover with old sheets or blankets $44.99
Fun Tunnel Sears, Roebuck Winnie-the-Pooh; a crawl-through tunnel of fun that’s 22”
(1978) in diameter; 9’ long; plenty of room for roaming $10.95
Horse and Wagon Sears, Roebuck Weebles West; mosey on down to the corral and hitch
(1978) the Weebles’ roly-poly cowpony to the 8” covered wagon $2.97
Merry-Go-Round Sears, Roebuck 2-seat; 6’ diameter, seat height 24” $43.99
(1977)
Remote-Control Smithsonian JS&A; computer logic has added a new fun way to
Racer (1976) control remote control products $49.95
Rocks and Minerals Sears, Roebuck Learning by Doing; start a lifetime hobby $3.66
Set (1978)
Sno-Cone Maker Sears, Roebuck Crank out sno-cones from ice cubes; add flavors $5.66
(1978)
Top Sears, Roebuck Winnie-the-Pooh spinning top $4.49
(1978)
Viewer Sears, Roebuck Viewmaster 3-D; touch and see your world;
(1978) one reel of 7 scenes $17.44
Wagon Sears, Roebuck Remove green hardwood side panels to convert to
(1976) coaster wagon $28.87
Tobacco Products
Pipe New York Times Connoisseur Pipes; Bent Dublin $18.75
(1978)
Airfare New York Times TWA round trip fares from New York to San Francisco
(1978) Monday–Thursday:
Night Coach $229
Day Coach $252
Friday–Sunday:
Night Coach $275
Day Coach $298
Airplane Fare New York Times United; save to Los Angeles/San Francisco; freedom
(1977) fare round trip; your savings $86 $342
Airplane Fare Los Angeles Times TWA; new economy coach for our lowest price;
(1978) you’ll save up to 56%; Los Angeles to Boston $230
Cruise Chicago Tribune Chandis Lines; 7 nights, 8 days $6.99
(1978)
Ferry Chicago Tribune Chessie; the good ferry rides again between Michigan
(1978) and Wisconsin; one-way adult $8
Trip Chicago Tribune TWA from Chicago to Las Vegas; round trip; open bar
(1978) & meals; 4 days at the hotel Frontier $179.95
447
Miscellany, 1975-1979 THE VALUE OF A DOLLAR
MISCELLANY 1975-1979
Now, The No-Frills House College Graduates Found to Earn More
Thanks to inflation and the continuing energy Finance Facs, a monthly statistical bulletin
shortage, the compact car seems here to stay. issued by the National Consumer Finance
Now, with driveway ready, comes the compact Association says that a college education contin-
house. In suburban areas around the country, ues to play “a major determining role” in house-
builders are turning out no-frills houses that sell hold income.
for prices ranging in most areas from about Its most recent survey based on 1975 figures,
$20,000 to $36,000. Aimed at buyers who would indicates that households headed by a college
not otherwise be able to afford a home of their graduate averaged $21,734 in annual income,
own in today’s market, the small houses in some compared with $13,779 for all households.
areas are breaking sales records in a recession- Where the head of the household had com-
dogged industry. pleted only one to three years of college, income
Time, February 23, 1976 averaged $15,500. It slipped to $13,905 where the
household head was only a high school graduate.
Hemingway Should Have Had It So Good At lower levels of education, average income ran
Former Domestic Affairs Chief John still less, the survey found.
Ehrlichman, who received a $50,000 advance A wide discrepancy persists between house-
from Simon & Schuster for his first novel, has holds headed by men and women, the organiza-
now peddled film rights to the book to tion says. In fact, households headed by males
Paramount Pictures. His price: an estimated average $15,873—or a little more than double the
$75,000. Titled The Company and due in the $7,201 average where a female headed the family.
stores by May, it is about a U.S. President who New York Times, February 2, 1977
dabbles in domestic spying, then faces blackmail
by the CIA. “If I stick to a routine and don’t get Rubber
too loose, I can write 15 to 25 pages a day,” says The breakthrough in the 16-week strike by
Ehrlichman. Now appealing his 1975 conviction 60,000 members of the United Rubber Workers
for Watergate-related crimes, he has already came after a 70-hour bargaining marathon, when
started work on a second book, which he union negotiators and Firestone agreed to a new
describes as another “purely fictional novel pay package giving workers a 36% increase in
about Washington, D.C.” So far, no nibbles from wages and benefits over three years. The
Hollywood. Firestone agreement, which will set the pattern
Time, March 1, 1976 for the other struck members of rubber’s Big
Four (Goodyear, Goodrich and Uniroyal), will
boost the industry’s average hourly wage in the
first year by 88¢ to $6.38. In addition, the rubber
workers got an escalator that provides an extra
1¢ an hour for each .4% increase in the cost of liv-
ing index.
Time, August 23, 1976
448
1980-1999
From Recession to the Era of Possibilities
PRESIDENTS
Ronald Reagan 1981-1989
George Bush 1989-1993
William J. Clinton 1993-2001
George W. Bush 2001-2009
he decade of the 1980s began with serious eco- War and set the stage for a realignment in which
449
Background, 1980-1999 THE VALUE OF A DOLLAR
sumer credit fueled the boom years and also led to an cent of all men over the age of 65 were in the work force;
increase in personal bankruptcy. At the same time, the by 1948 it was 47 percent, and by the mid-1990s, less
two-career family became the norm. Forty-two percent than 16 percent. The economic boom did not benefit
of all American workers were female; the rise of women everyone, however, as many new jobs were within the
in the work force, brought great social change, affecting low wage sector. At the same time, the workplace was
married life, child rearing, family income, office culture changing. As companies expanded and contracted
and the growth of the national economy. adjusting to the new global economy, American job
The 1990s was labeled the “Era of Possibilities” by security was threatened and the cost of health insur-
Fortune magazine and had produced the longest eco- ance was rising. Workers became more willing to learn
nomic expansion in the nation’s history. The stock mar- new job skills, establish their own companies and use
ket set a succession of records throughout the period, dramatic improvements in technology to lessen the
attracting thousands of middle-class investors. This impact of distance and geography. Profit sharing
market boom eventually spawned new wealth and became more common. Retirement programs and pen-
brought early retirement to legions of aging baby sion plans became more flexible, serving the needs of a
boomers. At the turn of the twentieth century, 63 per- highly mobile work force.
1980 $2.52
1983 $2.08
1985 $1.93
1987 $1.82
1989 $1.67
1990 $1.59
1993 $1.43
1995 $1.36
1997 $1.29
1999 $1.24
450
THE VALUE OF A DOLLAR Historical Snapshot, 1980-1984
HISTORICAL SNAPSHOT
1980-1984
1980 U.S. first-class postal rates go to NutraSweet introduced as a syn-
Sixty-five million Americans read 18¢, then 20¢ thetic sugar substitute
daily newspapers Sears, Roebuck buys real estate Martin Luther King Day becomes a
4,225 cable-television channels, broker, Coldwell Banker & Co. and national holiday
750 commercial television sta- securities concern, Dean Witter One-of-a-kind Cabbage Patch dolls
tions, and over 7,500 radio sta- Reynolds become overnight sensation
tions now in operation U.S. population hits 228 million 26 major league baseball teams
Gold hits record high $875 per show total loss of $45 million
ounce 1982 Wall Street’s Dow Jones Industrials
EPA superfund created to clean up Court order breaks up AT&T, U.S. Average closes at new high 1258.64
toxic-waste sites telephone monopoly, into AT&T 35.3 million live below poverty line
Japan surpasses U.S. as world’s long lines and regional telephone Cellular telephones become avail-
largest auto producer companies able to motorists, cost $3,000, plus
30 percent of U.S. auto sales are Japanese market wristwatch-sized $150 per month service
imports television with 1.2-inch screen
Double-digit inflation continues; USA Today, first national general- 1984
prices rise 12.4 percent interest daily newspaper, introduced President Reagan reelected
2.9 million women operate busi- Laser disc computer data storage
1981 nesses system becomes available
IBM Personal Computer marketed Braniff International declares Book publishers sell 2.164 billion
bankruptcy books; total receipts reach $9.12
12,000 striking air-traffic con-
trollers fired by President Ronald United Auto Workers agree to billion
Reagan wage concessions with Ford Three major networks control 73%
Motor Co. of prime-time viewership
Public debt hits $1 trillion
U.S. Steel acquires Marathon Oil New York State imposes first
U.S. prime interest rate reaches
21.5 percent, highest since Civil Unemployment reaches 10.8 per- mandatory automobile seat belt law
War cent Inflation drops to 1972 levels
New York and Miami increase tran- Computer “mouse” introduced by Trivial Pursuit board game has
sit fares from 60¢ to 75¢ Apple sales of $777 million
Kellogg’s introduces Nutri-Grain First successful embryo transfer is Average price of single-family
wheat cereal performed house tops $101,000
451
Selected Income, 1980-1984 THE VALUE OF A DOLLAR
Adjuster New Orleans 1 to 2 yrs. multi-line exp.; 20% comp, 50% gen. liability,
Times-Picayune 30% comm lines; this position offers good
(1983) advancement potential $20,000/yr
Administrative New Orleans For fund-raising director of non-profit organization;
Assistant Times-Picayune responsibilities include special events, proposal and grant
(1983) writing, record-keeping and some typing; $12,000–
experience required $15,000/yr
Baseball Player Bob Rains, Annual income of Milwaukee Brewers pitcher
St. Louis Cardinals: Don Sutton in 1982 $700,000
The 100th
Anniversary History
(1992)
Boxer Guinness Book of Purse paid to boxer Sugar Ray Leonard for a welter
World Records weight title fight against Roberto Duran in 1980 $8.5 million
(1981)
Dancers-Hostesses Chicago Tribune No experience necessary; full or part-time $500-$700/wk
(1981)
Housekeeper-Cook Chicago Tribune Live in; private room and bath; 3 adults; must speak
(1983) English; RECENT reference; 5-day week $200/wk to start
Keypunch Operator San Francisco Min. 2 yrs. exper. nec.; 15,000 strokes/hr; IBM 129
Examiner exper. helpful $6.45/hr
(1982)
Mechanic San Francisco Will train; exc. co. benefits; flexible hours $8–$10/hr
Examiner
(1982)
Medical Secretary Chicago Tribune No medical experience necessary; you’ll deal with
(1981) patients, get information for charts, histories; talk with
hospital personnel to set up surgeries, therapy; good
typing skills desired; no Saturdays; exceptional
benefits; employer pays fee $1,250/mo
Nurse New York Times LPN; Candidates must have a license to practice as a
(1981) Practical Nurse in New York State $10,755/yr
Performer Guinness Book of Annual payment to television’s Tonight Show host
(1980) World Records Johnny Carson for 125 days a year $2.5 million
(1981)
Playwright Life Magazine Payment in 1983 to Tennessee Williams for rights
(1983) to a television remake of his 1947 play
A Streetcar Named Desire $750,000
Produce Stand San Francisco Pleasant Hill area; must have truck $2,000/mo
Vendor Examiner
(1982)
Rehabilitation New York Times Bachelor’s degree and 1 year experience in the care or
Assistant (1981) rehabilitation of mental patients or a Masters degree in
an appropriate field of study essential $14,245/yr
Salesman Chicago Tribune Outside sales person for health organization; possible $300–$600/mo,
(1983) inside management position available plus weekly
commission
Teacher New York Times Special Ed; work on transdisciplinary team serving $14,500–
(1981) multihandicapped $17,000/yr
Tennis Instructor Chicago Tribune 600 hrs of group lessons per year plus private lessons;
(1981) U.S.P.T.A. sanction preferred $13/hr
452
THE VALUE OF A DOLLAR Consumer Expenditures, 1980-1984
453
Investments, 1980-1984 THE VALUE OF A DOLLAR
INVESTMENTS 1980-1984
Investment 1980 1981 1982 1983 1984
Basic Yield, One-year Corporate Bonds 12.75 15.06 14.84 12.78 13.49
Short-term Interest Rates, 4–6 Months,
Prime Commercial Paper 12.29 14.76 11.89 8.89 10.16
Basic Yield, Common Stocks, Total 5.25 5.41 5.81 4.40 4.64
Index of Common Stocks (1941⫺1943⫽10) 118.71 128.05 119.71 160.41 160.50
COMMON STOCKS, CLOSING PRICE AND YIELD, FIRST BUSINESS DAY OF YEAR
(Parenthetical number is annual dividends in dollars)
Allis Chalmers 33 1/2 36 15 7/8 9 5/8 16 1/8
(2) (2) (/) (/) (/)
American Brands 66 7/8 77 1/8 36 3/4 45 1/2 59 3/8
(2 for 1 split, 5/8/81) (5.50) (6.20) (3.25) (3.50) (3.60)
AT&T 51 3/4 48 7/8 58 1/2 59 7/8 62 1/2
(5) (5) (5.40) (5.40) (5.40)
Bethlehem Steel 20 7/8 26 1/4 23 1/2 19 3/4 27 7/8
(1.60) (1.60) (1.60) (1) (.60)
CPC Intl 58 1/2 62 1/2 35 40 1/4 38 7/8
(3) (3.40) (1.92) (2.10) (2.20)
Delta Airlines 37 1/4 59 24 5/8 41 1/2 40 3/8
(2 for 1 split, 12/1/81) (1.20) (1.20) (1) (1) (.60)
General Electric 49 3/8 61 7/8 58 3/8 91 3/4 57 5/8
(2 for 1 split, 4/23/83) (2.80) (3) (3.20) (3.40) (2)
General Motors 49 3/8 45 3/8 39 3/4 61 74 1/8
(5.30) (2.95) (2.40) (2.40) (2.80)
Intl Harvester 37 25 3/8 7 1/4 4 3/8 11 5/8
(2.50) (1.20) (/) (/) (/)
Nabisco 21 5/8 26 3/4 30 5/8 36 40 7/8
(merged as wholly owned subsidiary of (1.62) (1.80) (1.85) (2.05) (2.28)
R. J. Reynolds Industries, Inc.)
U.S. Steel 18 25 5/8 30 20 3/4 31
(1.60) (1.60) (2) (1) (1)
Western Union 20 3/8 25 3/8 35 7/8 43 3/4 36 7/8
(1.40) (1.40) (1.40) (1.40) (1.40)
454
THE VALUE OF A DOLLAR Standard Jobs, 1980-1984
455
Food Basket, 1980-1984 THE VALUE OF A DOLLAR
Soft Drink, Cola, per 16 ounces 1980 44.60¢ 42.80¢ 45.70¢ NR 45.50¢
1981 46.40¢ 45.50¢ 47.60¢ 45.50¢ 46.60¢
1982 47.30¢ 47.50¢ 48.40¢ 46.30¢ 47.40¢
1983 46.90¢ 45.40¢ 48.70¢ 46¢ 47.50¢
1984 47.50¢ 49.80¢ 49.20¢ 46.50¢ 46¢
Tuna, Light, Chunk, per pound 1980 $2.55 $2.46 $2.54 $2.64 $2.54
1981 $2.58 $2.48 $2.59 $2.63 $2.62
1982 $2.58 $2.54 $2.51 NR $2.42
1983 $2.38 $2.47 $2.34 $2.34 $2.46
1984 $2.16 $2.05 $2.12 $2.16 $2.18
458
THE VALUE OF A DOLLAR Selected Prices, 1980-1984
Advertising
Advertising Rate Guinness Book of Price of a single minute of television advertising on
World Records Super Bowl XIV in 1980 $468,000
(1981)
Business Guinness Book of Price of a four-color back cover of Parade Magazine;
Advertising Rate World Records circulation 21 million in 1980 $152,475
(1981)
Alcohol
Beer Los Angeles Times Pabst; 12 pack, 12-oz cans $3.19
(1981)
Bourbon Los Angeles Times Old Crow; 1.75 liter $9.49
(1981)
Vodka Los Angeles Times Count Vasya; 80 proof; 1.75 lt $6.99
(1981)
Wine Los Angeles Times Bolla Soave; dry white; 750 ml; save $1.40 $2.99
(1981)
Wine Guinness Book of 1822 bottle of rare Chateau Lafite wine bought in 1980 $31,000
World Records
(1981)
Apparel, Children’s
Shoes Yankee Kangaroos; Sebago’s most noted quality casual shoes $38.95
(1981)
Apparel, Men’s
Boots Field & Stream Browning Featherweight; soft leather boot $102.95
(1982)
Cap Sears, Roebuck Genuine leather with acetate lining $22
(1983)
Gloves Sears, Roebuck Leather driving-style; soft, rich cowhide shell $17
(1983)
Gloves Sears, Roebuck Canvas-cloth work gloves $6.49
(1983)
Hat Field & Stream Gunslinger western style; flat crown, 4 1/4 high with oval
(1982) indentations; made of 100% wool felt $15.50
Hunting Suit Field & Stream Cabela; camouflage; reversible orange and camouflage;
(1982) 2-piece suit $74.95
Jacket The Scottish Lion Irish tweed; a washing in the River Eske in Ireland to
Catalog soften the yarn is part of the special handling these
(1984) jackets have been receiving since 1866 $185
Pants New York Times Genuine U.S. Marine; camouflage $39
(1981)
Pants Bon Appetit REI Woolrich; comfort in action; have fun and good fit in
(1984) these Rugby-style pants $18.95
Shirt Field & Stream L. L. Bean; chamois cloth shirt; in green, red, navy, ivory,
(1982) tan, and slate blue $18.25
Shoes Yankee Deerskin Trading Post; pile-lined suede mocs; sturdy
(1981) cowhide suede lined with fleecy acrylic $12.99
Shoes Sears, Roebuck Wing-tip oxford $39.99
(1983)
Socks Sears, Roebuck Even our very low-priced work socks are cotton-terry
(1983) lined; 6 pairs in package $5.99/pkg
459
Selected Prices, 1980-1984 THE VALUE OF A DOLLAR
Entertainment, Home
Camera New York Times Canon Super Sure-Shot; autofocus $128.50
(1984)
Movie Camera Sears, Roebuck Low-light silent movie camera; 2-to-1 manual zoom $109.99
(1983)
Movie Projector Sears, Roebuck Dual 8; silent movie projector $99.99
(1983)
Turntable Los Angeles Times Sony; direct-drive turntable; fully automatic straight-line
(1981) tonearm tracks any record more accurately $200
Video Camera Village Voice Panasonic PK 750 $645
(1981)
Video Camera New York Times Sharp; save on world’s smallest portable video cameras $359.50
(1984)
Video Disc Player Village Voice Pioneer VP 1000 $539
(1981)
Video Games New York Times Bally Professional Arcade Plus; includes three built-in
(1981) games, two hand controls; color calculator; Bally Basic
cartridge worth $54.95 $299.95
Video Tapes Village Voice Maxwell T-120 $13.49
(1981)
Entertainment
Circus Ticket Los Angeles Times Ringling Bros. and Barnum & Bailey Circus;
(1981) all seats reserved $5–$8.50
Concert Village Voice Musical Medicine Show; General Mineral’s musical
(1981) comedy, Floating Hospital Children’s Theater
Adults $2
Children Free
Concert Ticket New York Times Pete Seeger at Carnegie Hall $8.50–$10.50
(1984)
Movie Village Voice Mickey Mouse and Silly Symphonies; Whitney Museum $2
(1981)
Music Concert Village Voice Jazz in the Park; Danny Holgate Ensemble and tap
(1981) dancer Sandman Sims
Each $2.50
Museum Ticket Mini-Vacation in The Hagley Museum; a complex of 19th-century industrial
the Mid-Atlantic buildings on the site of the original DuPont black
(1980) powder works $2.50
Museum Ticket Mini-Vacation in Old Dutch House Museum; reputedly the oldest brick
the Mid-Atlantic dwelling in the state $0.50
(1980)
Theater Ticket New York Times Dance; Ailey at City Center; evenings and Sunday
(1984) matinee; orchestra and mezzanine $30
Food Products
Beef Jerky Los Angeles Times Lowry’s; in plastic jar with screw top lid; 4 oz. size $1.99
(1981)
Beef Roast New York Times USDA Choice grade; top round, sirloin, tip round,
(1981) bottom round $1.89/lb
Candy The Scottish Lion Scottish Butterscotch; 1 lb; individually gold-foil wrapped,
Catalog packed in assorted reusable tin of English shops;
(1984) 4 1/2” x 3” x 3” $7
Carrots New York Times 3 1-lb bags $1
(1981)
Crabmeat Food & Wine Stone Harbor; whole; backfin lump crabmeat; now you can
(1984) enjoy delicious Crab Louis or Crab Imperial; 12 6 1/2 oz
tins; regular $70.95; introductory price $62.95
Cranapple Juice Los Angeles Times Oceanspray; 32-oz jar $0.93
(1981)
462
THE VALUE OF A DOLLAR Selected Prices, 1980-1984
Elephant Garlic Food & Wine Willacrick Farm; great gift item, contains over 2 pounds $15
(1984)
Lobster Bon Appetit Barker’s; four 1 1/4-pound Maine lobsters with four
(1983) pounds of live, clean Ipswich steamers $79.50
Marmalade The Scottish Lion Dundee; four 1-lb jars of orange, lemon, grapefruit and
Catalog 3-in-1 blend $16
(1984)
Milk Los Angeles Times Sunnydell; 1/2 gallon homogenized $1.01
(1981)
Pork Loin New York Times Wilson; rib end $0.99/lb
(1981)
Tomatoes New York Times Hard, ripe; selected for slicing; 18 oz package $0.79
(1981)
Yogurt New York Times Breyers; assorted flavors; 8-oz containers; 2 containers $0.89
(1981)
Furniture
Chair New York Times Wild Boar; taupe; regularly $1,795; sale $895
(1981)
Dresser New York Times Welch; dresser; regularly $2,405 $1,599
(1981)
Sofa New York Times Green and pink floral contemporary; 80”; parsons style;
(1981) upholstered; regularly $1,995 $1,495
Garden Equipment and Supplies
Lawn Mower Sears, Roebuck Craftsman; standard Eager-1 engine; 3.5 reserve power $299.99
(1983)
Plants Atlanta Constitution Ground covers; English Ivy, Pachysandra, or Vinca
(1983) Minor; bundle of 25, per bundle $7.25
Plants Atlanta Constitution Azaleas, full 6” pots; dwarf and tall, each $.99
(1983)
Shears The Scottish Lion Japanese gardeners’ hedge shears; the stainless-steel model
Catalog has a 6 1/2” blade, is 25” overall and weighs 30 oz $19.95
(1984)
Soil Atlanta Constitution Hyponex Professional Mix Potting Soil; spagnum peat
(1983) moss, vermiculite, perlite, humus, charcoal, 16 quart $3.88
Hotel Rates
Hotel Great Outdoors Baranof Hotel; Juneau, Alaska; 218 rooms and suites, the
Vacation & Latchstring restaurant, sauna and exercise room;
Lodging Guide double $48.50/ngt
(1980)
Hotel Great Outdoors Holiday Inn; Flagstaff, Arizona; 157 excellent rooms,
Vacation & restaurant, coffee shop, cocktail lounge, heated pool;
Lodging Guide double $35/ngt
(1980)
Hotel Great Outdoors Ramada Inn; Lake Havasu City, Arizona; 100 excellent
Vacation & rooms, restaurant, cocktail lounge, heated pool; double $27/ngt
Lodging Guide
(1980)
Hotel Great Outdoors Holiday Inn; Fayetteville, Arkansas; 165 excellent rooms,
Vacation & a famous resort area of the Ozarks; double $28/ngt
Lodging Guide
(1980)
Lodge Great Outdoors Prince of Wales Lodge; southeast Alaska; overlooks
Vacation & Klawock Bay and offers handsome accommodations in
Lodging Guide carpeted rooms with private bath; package trip includes
(1980) airfare from Ketchikan, Seattle, or Anchorage; 4 days
and 3 nights $453
463
Selected Prices, 1980-1984 THE VALUE OF A DOLLAR
Workbench The Scottish Lion Swedish; woodworking; top is arctic birch; the body is
Catalog three-layer laminated hardwood; 50 1/2” long, includes
(1984) five drawers $259.95
Jewelry
Brooch The Scottish Lion Irish harp; a lyrical, lovely and treasured gift; British
Catalog gold $115
(1984)
Pendant The Scottish Lion Thistle amethyst; a symbol of unity and pride in
Catalog Scottish history; gold $250
(1984)
Pendant Food & Wine Diamond Desires; heart; it’s scandalous what diamonds
(1984) do to me $1,650
Wristwatch New York Times Rolex Oysterquartz Date; just peerless performance,
(1984) timeless style $2,725
Wristwatch New York Times Seiko 12-L; ladies ultra thin $84.95
(1984)
Motorized Vehicles, Supplies and Services
Automobile Atlanta Constitution 1983 Honda Civic wagon; five speed transmission, air
(1983) conditioning, stereo cassette, pin stripes; list price
$8,317.85, now $7,517.85
Automobile Sports Illustrated Pontiac Firebird; Pontiac takes on the imports $6,132
(1980)
Automobile Los Angeles Times Cadillac Eldorado; 1981 $19,700
(1981)
Car Stereo Sears, Roebuck Sanyo Automatic; music-select system; auto reverse
(1983) with locking fast forward and reverse $179.99
Rental Food & Wine Budget; Budget has more Lincolns than Hertz, Avis, and
(1984) National combined; so when you want a Lincoln call
Budget $44.95/day
Truck Field & Stream Dodge Ram 50; pick-up; now the world has
(1982) turbo-diesel pickups $5,999
Other
Carving Kit Yankee Learn to carve a Cardinal; a complete kit, including
(1981) ready to carve pine bird, material for eyes, legs and
feet $11.95
Figurine The Scottish Lion Blue Tit bird; a very lifelike pose; ceramic is signed
Catalog by the sculptor; 3 1/2” height $65
(1984)
Photo Album Sears, Roebuck 100-page loose-leaf album $12.99
(1983)
Photo Finishing New York Times First Class Photo; any size film, 110–126 and 35mm too;
(1981) per picture from roll $0.14
Tree Lease Food & Wine North County Corp.; rent Mother Nature; lease a
(1984) sugar-maple tree or a sap bucket for one year $25
Personal Care Products
Cuticle Nipper Yankee German Cutlery; cuticle nipper, precision ground $10.95
(1981)
Publications
Book Food & Wine The Gold and Fizdale Cookbook, by Arthur Gold and
(1984) Robert Fizdale; asparagus, ampergios, and anecdotes $19.95
Magazine Village Voice 52 weeks $26
(1981)
Newspaper Atlanta Constitution The Atlanta Constitution (mornings) and Atlanta
(1983) Journal (afternoons); 13 weeks $25
465
Selected Prices, 1980-1984 THE VALUE OF A DOLLAR
Videotape Food & Wine Video Manufacturing Concepts; The Videotape Italian
(1984) Cookbook; the perfect holiday gift for those with
VHS/Beta recorders $42.50
Real Estate
Apartment Chicago Tribune For rent; top of the line; deluxe 2 bedroom $489/mo
(1983)
Apartment Chicago Tribune For rent; 1 bedroom with underground parking $400/mo
(1983)
Apartment Chicago Tribune Furnished; elegant 3 1/2 rooms, 2 bedroom; carpeted,
(1983) with appliances and furniture; all utilities paid $350/mo
House Chicago Tribune The 5-bedroom fully furnished main residence, 4-room
(1983) coach house, and enclosed horse arena/barn are situated
on 7 wooded acres; originally priced at $475,000 $185,000
House New York Times Doctor’s home; custom details throughout; huge living
(1984) room, fireplace, formal dining room, 4 bedrooms, 3 baths $156,000
House New York Times Very special; stunning colonial inside and out; living
(1984) room with fireplace, dining room, new kitchen, screened
terrace, playroom and office $225,000
House New York Times Exciting; sprawling California contemporary ranch $659,000
(1984)
Sports Equipment
Bicycle Sears, Roebuck FS300; 20” has mag-style wheels, gumwall knobby tires,
(1983) and 3 BMX pads $139.99
Bicycle Sears, Roebuck FS500; 24” track-certified bike for competitive use $179.99
(1983)
Boat Field & Stream Bass Tracker 1; boats that can do the same job as the
(1982) expensive $12,000–$15,000 fiberglass boats but not carry
the additional weight, cost, and inefficiency $3,795
Boat Field & Stream Harrison-Hodge Sea Eagle; inflatable; lightweight,
(1982) 81-pound boat has 1200 pound capacity $540
Fishing Spool Field & Stream Lew Childre & Sons; fresh water light bait casting reel;
(1982) 9.7 ounces $95
Fly Reel Field & Stream Shakespeare; 6 ounces; takes up to no. 8 fly line $29.95
(1982)
Golf Balls New York Times Spalding Top-Flite; 15-ball bonus packs $13.99
(1981)
Golf Clubs New York Times Wilson; 11-piece pro-style $219.99
(1981)
Heater Field & Stream Kero-Sun Omni; portable; ideal to heat extra-large areas;
(1982) operates up to 18 hours on a 2-gallon tankful of kerosene $289.95
Knee Pads Sears, Roebuck Red and white elastic $5.99/pr
(1983)
Rifle Field & Stream Beeman Feinwerkbau 124 Air Rifle; .177 caliber, 18.3”,
(1982) 12-groove rifled barrel, single shot $299.50
Rod and Reel Field & Stream Daiwa 4-Minimite; ultra/light skirted spool spinning
(1982) system $59.95
Shotgun Field & Stream Olin/Winchester; pigeon grade lightweight, 12-gauge;
(1982) 25 1/2” barrel $1,200
Skate Helmet Sears, Roebuck $15.99
(1983)
Skateboard Sears, Roebuck Our longest, widest board for stability; kicktail on board
(1983) aids in trick riding; king bolts adjust for ease of turning $59.99
Skates Sears, Roebuck Young Star; with sealed-greased bearings and durable
(1983) nickel-plated steel chassis that resists corrosion $24.99
Sleeping Bag Field & Stream Coleman; 31 lbs, spring to late fall comfort range $32
(1982)
466
THE VALUE OF A DOLLAR Selected Prices, 1980-1984
Tackle Box Field & Stream Plano Molding; measures 19” x 19 1/2” x 13 5/8”;
(1982) front panel opens and slides under bottom drawer $89.95
Telephone Equipment and Services
Long Distance Rates Chicago Tribune Chicago to Detroit; 10 minutes $3.08
(1983)
Long Distance Rates Chicago Tribune Indianapolis to New York; 5 minutes $1.78
(1983)
Telephone New York Times Cobra; national best-seller; cordless $139.95
(1984)
Tobacco Products
Cigars Food & Wine Thompson Cigar; you don’t need Castro’s permission to
(1984) smoke Cuban-seed handmade cigars; sampler $10.90
Toys
Blocks Yankee We call this one Triple Up because the object of the game
(1981) is to be the first to get three blocks of your color
in a row; per set $4.95
Doll Yankee Yankee Doodle Dancer, Dancer Folk Toy; an educational
(1981) rhythm toy $8.50
Travel and Transportation
Airfare Village Voice Ventura seaplane to Fire Island from 23rd Street,
(1981) New York City $40
Airfare Great Outdoors Air Alaska; from Anchorage to Brooks Lodge on Brooks
Vacation & River, Alaska; round trip $135
Lodging Guide
(1980)
Boat Tour Mini-Vacation in Potomac Boat Tours; cruises daily 10–9 $3
the Mid-Atlantic
(1980)
Cruise Yankee Emerald Seas; sailing from Miami to the Bahamas;
(1981) three night cruise to Nassau, per person
On season $230–$475
Off season $215–$460
Expedition Great Outdoors Alaska Discovery; Yukon River 10-day canoeing and
Vacation & camping excursion; per person $600
Lodging Guide
(1980)
Festival Village Voice Reggae Sunsplash, Jamaica’s Music Festival; one week
(1981) includes roundtrip airfare from New York to Chicago
Montego Bay; double occupancy hotel, admission to
music events $499
Houseboat Trip Great Outdoors Colorado River Houseboat; a unique means of vacation
Vacation & transport on 500 miles of the Colorado River and the entire
Lodging Guide expanse of Lake Havasu; rate includes 6 days
(1980) on a 43-ft craft $755
River Trip Great Outdoors Miller’s Float Services; Cotter, Arkansas; one-day float trip
Vacation & for two on White River $90
Lodging Guide
(1980)
467
Miscellany, 1980-1984 THE VALUE OF A DOLLAR
MISCELLANY 1980-1984
Sony Unit Links Camera to Recorder
In twin presentations in Tokyo and New York Tobacco Market Opens Sluggishly
yesterday, the Sony Corporation introduced a “We had anticipated a strong market opening.
single-unit combination video camera and video The quality was good, but the overall interest of
cassette recorder weighing 4.4 pounds, substan- the (buying) companies was something less than
tially more compact than existing equipment with we expected,” said [U.S. Senator Sam] Irvin.
the same functions. Georgia tobacco farmers are expected to produce
The new Video Movie, as the product is called, a 117-million-pound crop this year.
is a prototype, however, and will not be commer- The average opening day buying price ranged
cially available until 1985. from $145 to $170 per hundred pounds, depend-
The new single-unit prototype, which will sell ing on the quality and grade, the commission
for under $1,000, apparently offers an entirely said. Last year’s average price was $162.50.
new product to further stir the percolating video- Atlanta Constitution, July 22, 1982
recording field.
New York Times, July 2, 1980
468
THE VALUE OF A DOLLAR Historical Snapshot, 1985-1989
HISTORICAL SNAPSHOT
1985-1989
1985 1986 1988
Single optical fiber carries 300,000 Unisys incorporates as successor Robots are used for fruit picking
simultaneous phone calls in Bell to Burroughs Corp. 1 million fax machines purchased
Laboratory tests Sears celebrates its 100th anniver- U.S. automakers produce 13 mil-
Coca-Cola introduces new-formula sary lion cars and trucks
Coke; public outcry brings back Office Depot, one of the first office Unemployment falls to 5.4 percent
old formula as Classic Coke one supply warehouse-type stores, Lawyers earn average $914 weekly;
year later opens in Lauderdale Lakes, FL nurses, $516; secretaries, $299
Capital Cities Communications
Philip Morris buys Kraft for $12.9
buys television network ABC for 1987 billion
$3.5 billion Supercomputer capable of 1,720 U.S. savings and loans lose $13.44
U.S. becomes net debtor nation for billion computations per second billion
first time since 1914 goes on-line
Philip Morris acquires General First bioinsecticides, to eliminate 1989
Foods for $5.7 billion insects without harming environ- Media conglomerates Warner
First genetically engineered ment, announced Communications and Time, Inc.
microorganisms are licensed for Elementary and secondary school merge
commercial purposes teachers earn average salary of Exxon oil tanker runs aground off
$39 billion in merger deals put $26,700 Alaska coastline, causing worst
together, largely through leveraged 8 airlines control 90 percent of U.S. oil spill; costs Exxon $1.7 bil-
buyouts domestic market lion in lawsuits
Supreme Court upholds affirma- Clean water bill passed to address Eastern Airlines files for bankruptcy
tive-action hiring quotas pollution of estuaries and rainwater Stock market plunges 190.58
World oil prices collapse, bottom- Stock market plunges 508 points in points in single day (October 17),
ing out at $7.20 per barrel one day (October 19), largest drop 2nd largest drop in history
Dow Jones Industrials average in history Federal government spends $159
tops 1900 New York Stock Exchange seat billion to bail out savings and loan
U.S. national debt tops $2 billion sells for $1.5 million industry
New York transit fares rise from Trade deficit hits record $16.5 bil- General Motors acquires half of
75¢ to $1 lion Sweden’s Saab
469
Selected Income, 1985-1989 THE VALUE OF A DOLLAR
Mechanical Artist New York Times Excellent entry-level career opportunity for art school $230-$250/wk
(1988) graduate with at least one year experience to work in
lively magazine art department of major publishing house
Media Manager New York Times Media planning pro with strength in broadcasting to to $42,000/yr
(1988) oversee agencies, assist managers; develop manufacturing
and media strategies
Model Playboy Modeling fee of Christine Richters, the Playboy
(1986) Playmate for May, 1986 $15,000
Print Estimator New York Times 2⫹ years agency media department $16,000/yr
(1988)
Production Manager New York Times Experienced residential interior retails $45,000/yr
(1988)
Salesman Chicago Tribune Manager trainees, students welcome $7/hr part time
(1986) $360/wk full time
Secretary New York Times German/English; diverse position for secretary to
(1988) assist in lively office of European co.; skills in English $18,000-
a plus $20,000/yr
Transfer Supervisor New York Times Supervise 10 clerks; legal, transfer area $20,000-
(1988) $24,000/yr
471
Consumer Expenditures, 1985-1989 THE VALUE OF A DOLLAR
472
THE VALUE OF A DOLLAR Investments, 1985-1989
INVESTMENTS 1985-1989
Investment 1985 1986 1987 1988 1989
Basic Yield, One-year Corporate Bonds 12.05 9.71 9.91 10.18 9.66
Short-term Interest Rates, 4–6 Months,
Prime Commercial Paper 8.01 6.39 6.85 7.68 8.80
Basic Yield, Common Stocks, Total 4.25 3.48 3.08 3.64 3.45
Index of Common Stocks (1941⫺1943⫽10) 186.84 236.34 287.00 265.88 323.05
COMMON STOCKS, CLOSING PRICE AND YIELD, FIRST BUSINESS DAY OF YEAR
(Parenthetical number is annual dividends in dollars)
Allis Chalmers 6 1/8 4 1/4 2 3/4 1 3/8
(Ch 11 Bankruptcy 12/2/88; 1 share common exchanged (-) (-) (-) (-)
for .122039 new common)
American Brands 63 3/4 65 1/2 43 3/8 48 1/2 62 1/4
(2 for 1 split, 9/10/86) (3.75) (3.90) (2.08) (2.20) (2.44)
AT&T 19 1/4 24 5/8 25 1/4 28 1/4 28 5/8
(1.20) (1.20) (1.20) (1.20) (1.20)
Bethlehem Steel 17 1/4 15 3/8 7 17 3/4 22 5/8
(.60) (-) (-)
CPC Intl 40 51 81 1/4 41 3/4 51
(2.20) (2.20) (2.48) (1.44) (1.60)
Delta Airlines 43 7/8 39 1/4 48 37 3/4 49 3/8
(.60) (1) (1.00) (1.20) (1.20)
General Electric 56 71 7/8 87 3/8 46 1/2 44
(2 shares for 1 split, 4/23/87) (2.20) (2.32) (2.52) (1.40) (1.64)
General Motors 77 5/8 70 7/8 66 7/8 63 1/4 82 1/4
(distribution of 1 share of class E common stock @39 for (4.75) (5) (5) (5) (5)
each 20 shares of common held, 12/10/84)
(distribution of 1 share of class H common stock
2 shares for 1 split, 2/17/89)
Intl Harvester 8 1/8 8 3/8
(-) (-)
Nabisco 51
(Merged as wholly owned subsidiary of R. J. Reynolds (2.48)
Industries, 9/10/85)
U.S. Steel 25 3/4 26 1/2 21 7/8 31 1/2 29 1/4
(Name changed to U.S.X. 7/9/86) (1) (1.20) (1.20) (1.20) (1.40)
Western Union 8 1/2 12 3/8 4 1/4 2 3/4 1 3/8
(/) (/) (/) (/) (/)
473
Standard Jobs, 1985-1989 THE VALUE OF A DOLLAR
474
THE VALUE OF A DOLLAR Food Basket, 1985-1989
476
THE VALUE OF A DOLLAR Selected Prices, 1985-1989
Alcohol
Beer New York Times Michelob; 12-oz n/r bottles $9.95/case
(1988)
Cocktails New York Times Martini for two $1.08
(1988)
Liqueur New York Times Kahlua; coffee liqueur $9.97/btl
(1987)
Wine New York Times Liebfraumilch $3.99/btl
(1987)
Wine New York Times Bolla Soave $3.13/btl
(1988)
Apparel, Children’s
Disposable Diaper Consumer Reports “In light of the unmitigated rave reviews for Pampers
(1987) Super, it might be difficult to choose another model of
disposable diaper.”
Medium $.21 ea
Large $.31 ea
Jackets Los Angeles Times Boys; express twill classics in fall colors $12.70–$21.20
(1988)
Socks Sears, Roebuck More of our crew-length tube socks; package of six pairs $4.99
(1988)
Underwear Sears, Roebuck A fun new underwear idea for the little guy; no problem;
(1988) just choose GI Joe or our Fruit of the Loom Funpals Alf $5.49
Apparel, Men’s
Shirt Sears, Roebuck 100% cotton-knit shirts never had it so good and neither
(1988) will you $15.88
Shirt New York Times Velour $14.92
(1988)
Shoes New York Times Asics Riger GT IIGEL; this is the most advanced running
(1987) shoe for serious runners $89.95
Suit New York Times Dunhill Tailors; ready-to-wear suit for fall; the dollar
(1988) remains strong $525–$650
Sweater New York Times Long sleeve, bulk knit $29.25
(1988)
Sweatshirt European Travel European trade sweatshirts $17.95–$19.95
& Life
(1987)
Apparel, Women’s
Blouse Sears, Roebuck Take a closer look at this soft laundered fabric that’s
(1988) so versatile it goes from beach to business with a quick
change of accessories $26
Clogs Better Homes Genuine leather clog; lightweight, perforated to let
and Gardens your feet breathe $19.95
(1986)
Dress Charlotte Observer Strapless dress with sequin bodice and white ruffled
(1986) organza skirt $215
Fur Chicago Tribune Tibetan lamb jackets in white or pink; regularly $750 $399
(1986)
Hose Sears, Roebuck Our sheerest nylon hosiery for your fanciest occasions;
(1988) three pairs per package $8.07
Jumpsuit Los Angeles Times Cotton sheeting with front snaps $34.99
(1988)
477
Selected Prices, 1985-1989 THE VALUE OF A DOLLAR
Shoes New York Times Naturalizer; cool comfort for spring; genuine leather
(1987) uppers with cutout detail on a medium heel $45
Skirt Sears, Roebuck Swirl potential; soft, full skirt with an easy wearing
(1988) elastic waist $26
Appliances
Camcorder Charlotte Observer RCA Small Wonder Camcorder; 3-way AC/DC versatility $994
(1986)
Can Opener Los Angeles Times Sunbeam; electric; originally $25; sharpens knives;
(1988) opens cans and plastic bags $19.99
Coffee Maker Consumer Reports Mr. Coffee, the brand that fomented the drip-coffee
(1987) revolution, still rules the market in terms of numbers $36.00
Coffee Maker European Travel Two-cup coffee brewer; coffee in your room in 3 minutes $25
& Life
(1987)
Heater Popular Mechanics Arvin; radiant; instant fan-forced heat $23.88
(1985)
Microwave Sears, Roebuck Kenmore; solid-state electronics; digital readout that
(1988) doubles as time-of-day clock and 100-minute countdown
timer; variable power settings from 100 to 700 watts $199.99
Range Sears, Roebuck Lady Kenmore; 30” range; gives you cooking and
(1988) cleaning convenience $559.99
Refrigerator Sears, Roebuck America’s smartest refrigerator; no one has an electronic
(1988) system this innovative $1,769.99
Television Charlotte Observer NEC 41 inch widescreen stereo TV $1,995
(1986)
Vacuum Cleaner Popular Mechanics Shop-Vac Mighty Mini-Vac; hardware can be the
(1985) perfect gift $44.88
Water Heater Sears, Roebuck Kenmore; compact style; tank has limited 5-year warranty
(1988) against leaks; polyurethane or fiberglass insulation;
adjustable thermostat with energy-saving setting $89.99
Baby Products
Bicycle Child Carrier Sears, Roebuck Hi-impact molded plastic carrier has contoured seat $14.99
(1988)
Bronze Shoes Better Homes Baby’s first shoes bronze-plated in solid metal $5.99
and Gardens
(1986)
Canisters Sears, Roebuck Clear-acrylic nursery canisters with My Bears decoration;
(1988) come with vinyl-covered wire tray; safer than glass $12.99
Car Seat Charlotte Observer Century Car Seat; meets Federal safety standards $54.99
(1986)
Diapers Charlotte Observer Pampers Ultra Plus 64 Larger Diapers; after $3 refund
(1986) offer $13.99
Dressing Table Sears, Roebuck Cosco Quick Change; dressing table has four interlocking
(1988) plastic cubes that are used in a variety of ways; includes
dressing table pad with wipe clean bin cover and
safety strap $77.99
Stroller Charlotte Observer Graco Stroll-a-Bed; features one hand opening and
(1986) closing $56.97
Business Equipment and Supplies
Briefcase Gourmet Lladro; Spanish leather $565
(1988)
Calculator New York Times Casio; printing; 12 digit, 2 color $54.95
(1987)
Computer New York Times Leading Edge Model D; one-drive system $895
(1987)
Computer New York Times Apple IIGS $795
(1987)
478
THE VALUE OF A DOLLAR Selected Prices, 1985-1989
Desk Set European Travel Italian pearlwood desk set lined with calfskin $250
& Life
(1987)
Floppy Disks New York Times Fuji; 5 1/4” DS/DD; per box $9.95
(1987)
Modem New York Times Maxum; internal, 1,200 baud; 1/2 card $119.95
(1987)
Overhead Projector New York Times Bell & Howell; 14” triple lens $262.99
(1987)
Printer New York Times Epson; 48 cps nlq mode $429
(1987)
Software New York Times Lotus; spreadsheet $339
(1987)
Tape Backup New York Times Mountain Filesafe 7000; external 60 mb $1,295
(1987)
Collectibles
Antique Automobile Guinness Book of 1931 Berline de Voyage Royale; greatest price paid for
World Records used car; one of six Bugatti Royales $8,100,000
(1986)
Cel Animation Art & Antiques Cel and background for movie Who Framed Roger
(1993) Rabbit sold in auction in 1989 $7,150
Coin Guinness Book of The highest price paid at auction for a single coin; for a
World Records U.S. 1804 silver dollar in proof condition at
(1989) Rarcoa’s, Chicago, Illinois $990,000
Quilt Village Voice Kentucky Quilt Company; individually hand-made at
(1989) home in the foothills of the Appalachian Mountains $299 to $499
Table Art & Antiques Console table once owned by Marie Antoinette; sold
(1993) in auction in 1988 $2.97 million
Entertainment
Ballet Ticket Chicago Tribune The Nutcracker; Arie Crown Theatre, McCormick Place;
(1986) main floor; Saturday and Sunday $18
Concert Ticket New York Times Indiana University Baroque Orchestra
(1987) Student $5
General Admission $10
Concert Ticket New York Times Victor Borge; Carnegie Hall $10–$30
(1988)
Membership Village Voice YMCA summer membership; There’s swimming, jogging,
(1989) weights, fitness classes; the whole summer, one price $125
Movie Ticket Chicago Tribune Lady and the Tramp; General Cinema; all showings
(1986) before 6 pm $2
Play Ticket Chicago Tribune Pump Boys and Dinettes; Tuesday–Thursday; 8 pm $19.50
(1986)
Entertainment, Home
Audio Tape New York Times Sony; high power; uniaxial; blank; three pack $7.99
(1987)
Camcorder Chicago Tribune Kodak 3440; modular; weighs slightly over 4 lbs; save
(1986) $102 $893
Camcorder Audubon Sharp 8x; VHS; record your memories for years to come $1,799.99
(1989)
Camera New York Times Nikon FP-Program $189.99
(1987)
Cassette Player Chicago Tribune Sony Walkman; make great gifts $19.95
(1986)
Cassette Player Chicago Tribune Panasonic; two 5” dynamic speakers, continuous-tone
and Recorder (1986) control, one-touch recording; regular $59.95 $37
Compact Disc Los Angeles Times Top hits $11.99
(1988)
479
Selected Prices, 1985-1989 THE VALUE OF A DOLLAR
Compact Disc Player New York Times Technics; programmable; fine-focus single-beam system $229.95
(1987)
Computer Game Sears, Roebuck New York Times Fidelity; par excellence; $149
(1987) 5.0 computer chess
Scanner Sears, Roebuck Regency Informant; instantly monitors 9 bands with the
(1988) push of a button $299.99
Telescope Popular Mechanics Bausch & Lomb Criterion 400; high-quality
(1985) amateur telescope $695
Television Chicago Tribune Sony Watchman; pocket-size black-and-white television;
(1986) 2” screen with crisp, bright high-contrast picture;
reference price $129.95 $95
Television New York Times Sharp; 19” color $209.99
(1987)
Television Satellite Popular Mechanics Radio Shack; brings you over 100 channels of quality
Dish (1985) entertainment $1,995
Food Products
Cereal Los Angeles Times Kellogg’s Corn Flakes; 18-oz package $1.59
(1988)
Cheese Los Angeles Times Kraft American; cheese food; 1-lb singles $2.79
(1988)
Corn Los Angeles Times Fresh barbecue sweet corn; 5 ears $1
(1988)
Fruit Charlotte Observer Washington Fancy Red Apples; per pound $.29
(1986)
Fruit Charlotte Observer California Sweet Cantaloupe; large size; each $.79
(1986)
Fruit Charlotte Observer Oranges; Florida new crop; 5 pound bag $1.59
(1986)
Ice Cream Time Dove Bar; they’re expensive, but they’re worth it $1.45
(1985)
Meat Charlotte Observer Ground Beef, fresh family pack; per pound $.99
(1986)
Milk Chicago Tribune 2 percent; plastic carton $1.59
(1986)
Olive Oil European Travel Green Gold; the Christmas gift for the host who
& Life has everything $8.28
(1987)
Potato Chips Chicago Tribune Ruffles; 6 1/2-oz bag $1.19
(1986)
Potatoes Charlotte Observer U.S. No. 1 spuds; 10 pound bag $.99
(1986)
Pot Pie Charlotte Observer Morton Chicken Pot Pies; three for $.99
(1986)
Soft Drink New York Times Coke; 2 liter $1
(1988)
Furniture
Couch Village Voice The Original Sii; full-size reclining sofa bed with
(1989) bentwood arms $245
Chair Better Homes and Adirondack; remember lawn chairs; they’re back $129
Gardens
(1986)
Chair New York Times Bon Marche; all steel; black or white $57.50
(1987)
Chair New York Times Scandinavian Gallery; leather tub chair $399.95
(1987)
480
THE VALUE OF A DOLLAR Selected Prices, 1985-1989
Shade Better Homes and Burlington Voile Pouf Shade; when delicate almost lacy
Gardens romance is your style $50
(1986)
Sham Gourmet Cotton with lace trim; European-square, circa 1920 $95
(1988)
Silk Azalea Sears, Roebuck Lovely azalea bush has 132 leaves, 48 rosy blooms
(1988) in an 8” diameter whitewash rattan basket $24.99
Silk Geranium Sears, Roebuck Double jumbo geranium has 294 leaves, 54 buds and an
(1988) incredible 234 gorgeous blooms $54.99
Silk Spider Plant Sears, Roebuck Double jumbo spider plant has 240 leaves and an
(1988) unbelievable 80 bouncing babies $54.99
Soufflé Dish Gourmet Frosted glass $22
(1988)
Tape/Rule Popular Mechanics Master Mechanic; 6’ pocket tape rule free when you buy
(1985) the 25” power tape in rugged cycolac case $8.99
Jewelry
Bracelet New York Times Sapphire and diamond $129
(1987)
Earrings New York Times Sapphire earrings surrounded by diamonds; regularly
(1987) $690 $190
Necklace New York Times Italian 14 kt gold herringbone chains; 16”; regularly
(1987) $225 $79
Meals
Dinner Village Voice Meson Toledo; complete daily dinner with wine or
(1989) Sangria; 318 W. 23rd Street, New York $16.95
Dinner Village Voice Kinoko; Sushi, all you can eat $15
(1989)
Meal Gourmet Shun Lee Restaurant; New York City;
(1988) Szechuan seafood salad $13.50
Motorized Vehicles, Supplies and Services
Alignment Charlotte Observer Front Wheel Alignment; set front wheel castor, camber
(1986) and toe on cars with adjustable suspension $29
Automobile House & Garden Mazda RX-7 Roadster; the sensible sports car to buy $22,000
(1987)
Automobile New York Times 1988 Dodge Medallion; 4-door sedan $8,995
(1987)
Automobile New York Times 1987 Wrangler; 4-wheel drive; soft-top $8,395
(1987)
Car Phone Chicago Tribune Metrocom; the superior car phone; plus free
(1986) hands-free speaker phone $995
Luggage Carrier Sears, Roebuck X-cargo roof-top carrier provides 21 cu ft of storage;
(1988) for mobile homes, RVs, and vans $169.99
Radio New York Times Alpine; removable car radio $199
(1987)
Stereo New York Times Audiovox; car stereo; cassette player and quartz clock $89
(1987)
Tires Charlotte Observer Eagle GT Radial Tire; no trade needed; outline white
(1986) letters $78.70
Musical Instruments
Guitar Sears, Roebuck Beginner’s guitar; comes with everything needed to get
(1988) on the road to stardom $89.99
Synthesizer Sears, Roebuck Yamaha PSS-470; our lowest price ever; custom
(1988) drummer $188.88
Other
Book Club New York Times Literary Guild; you can’t beat our benefits; unlimited
Membership (1987) time to buy; easy at-home shopping; 5 books $1
482
THE VALUE OF A DOLLAR Selected Prices, 1985-1989
Gun Kit Popular Mechanics Weller Soldering; give a gift that will come in handy $19.99
(1985)
Helmet Sears, Roebuck Use of a helmet while biking is an investment in
(1988) protection for you and for your child $19.99
Telephone Equipment and Services
Long Distance Rates Newsweek AT&T Reachout America; you get an hour of
(1985) AT & T long distance calls $9.45
Long Distance Rates House & Garden AT&T; United States to Holland, standard rate from
(1987) 7 am to 1 pm $1.18/min
Long Distance Rates Gourmet AT&T; 6 pm to midnight, 10-minute call, United States
(1988) to Brazil $0.96/min
Tobacco Products
Cigars Los Angeles Times Wm. Penn Invincible; corona cigars; $5 value $1.99
(1988)
Toys
Doll Charlotte Observer Playskool Doll; My Buddy Wink or Kid Sister Wink; each $24.97
(1986)
Toy Charlotte Observer Playskool; Sesame Street Poppin Pals; 5 different a
(1986) ctivities $11.97
Game Charlotte Observer Fisher Price Bowling game; easy set-up pins $9.97
(1986)
Travel and Transportation
Airfare Village Voice New York to Osaka; Seil Travel America $715
(1989)
New Orleans Village Voice New Orleans Labor Day Weekend Getaway; includes
Weekend (1989) airfare, 3 nights with breakfast, transfers, each $520
Tour Audubon Wood Star; birding tour of Argentina; 21 day trip $3,595
(1989)
Trip New York Times St. Kitts; the Royal St. Kitts Hotel & casino; includes
(1988) round-trip air via BWIA; manager cocktail party; $25
casino chips, tennis, and admission to disco; 7 nights $403
Trip New York Times Cupecoy Beach Resort; roundtrip American; Tuesday,
(1988) Wednesday, Thursday departures; 8 days/7 nights;
1-bedroom suite $545
Trip New York Times Deer Valley this year, don’t just ski Deer Valley; live it;
(1988) 7 nights/6 days; December 8–16; January 3–February 9 $499
Trip New York Times Paradise Island; 8 days/7 nights; including airfare $249
(1988)
484
THE VALUE OF A DOLLAR Miscellany, 1985-1989
MISCELLANY 1985-1989
Metromedia to Sell Mobile Phone Operations
The Southwestern Bell Corporation has agreed Investor Group Buying South Carolina
to buy the paging and mobile telephone busi- Resort Island
nesses of Metromedia Inc. for $1.65 billion in cash. Charles S. Way Jr. and his associates have
The sale will vastly enrich John W. Kluge, bought themselves some choice real estate: a
already one of the nation’s wealthiest men, who sparkling South Carolina sea island that had been
owns 93 percent of the voting stock of in the hands of Kuwaiti investors.
Metromedia. Mr. Way said yesterday that his group had paid
Southwestern Bell, for its part, will become the $105 million for the 10,000 acre Kiawah Island
largest investor in cellular telephones in the near Charleston, making it one of the biggest real
country. Its existing cellular operations, joined estate transactions in South Carolina history.
with Metromedia’s interests in such major cities The Kuwaitis bought the island in 1974 for
as New York, Chicago and Washington, would $17.4 million, and Mr. Way said they had sunk
service markets with a total population of 45 mil- $200 million into its development as a resort.
lion. New York Times, July 1, 1988
New York Times, July 1, 1985
485
Historical Snapshot, 1990-1994 THE VALUE OF A DOLLAR
HISTORICAL SNAPSHOT
1990-1994
1990 General Motors announces plans IBM announces $8.9 billion restruc-
U.S. deploys combat aircraft to to close more than 20 plants over turing of world’s largest computer
Persian Gulf to defend Saudi several years, eliminating more maker; eliminates 60,000 jobs
Arabia than 70,000 jobs President Bill Clinton supports eas-
Banks are allowed to trade stocks ing ban on homosexuals in military
1992
Atlanta awarded 1996 Olympic Chicago Bulls basketball star
TWA Airlines files bankruptcy
Summer Games Michael Jordan retires to play pro-
President of United Way of fessional baseball
General Electric Foundation allots America forced out by excessive
$2.1 million to 30 universities to
American novelist Toni Morrison
spending allegations
attract women, African Americans, wins Nobel Prize for literature
United Auto Workers end five-
American Indians, and Hispanics Inflation rate remains at 2.7%, low-
month-old strike against Caterpillar,
to careers in science and business est in seven years
maker of heavy equipment
East and West Germany united Endeavor astronauts repair $150 1994
after 45 years of separation million communications satellite in Supreme Court rules abortion clin-
space
ics may sue violent antiabortion
1991 Third party presidential candidate protesting groups for damages
U.S. and allies wage war with Iraq Ross Perot withdraws from race,
Viacom buys Paramount for $10
U.S. Postal Service increases first- then reenters
billion in cash and securities
class postage stamp rate from 25 British Airways invests $750 mil-
Astronauts grow crystals, melt
to 29 cents lion in US Air
metals, and test magnets and new
U.S. Supreme Court ends forced U.S. launches spacecraft to study drugs in low-gravity conditions
busing, originally designed to end Mars aboard shuttle Columbia
racial segregation Bill Clinton elected president of U.S. renews China’s trade status
the United States
Federal Reserve slashes interest despite human rights policy
rates by 1/2 percent to spur 1993 Tobacco companies accused of
economy nicotine manipulation
Blast injures hundreds in World
Walter H. Annenberg bequeaths $1 Trade Center bombing in New Major League baseball players go
billion art collection to York City on strike, World Series canceled
Metropolitan Museum of Art Major League baseball owners U.S. ends policy of accepting
Congress halts nationwide rail announce new initiatives on Cubans fleeing by sea
strike after one day minority hiring U.S., French, and British troops
U.S. Trade Deficit hits eight-year Law agents raid religious cult in leave Berlin without foreign pres-
low Waco, Texas ence for first time since World War II
National Commission on AIDS U.S. pledges $1.6 billion aid pack- Hartford, CT, public schools hire
approves needle exchange pro- age to assist Russian reforms private firm, Education Alternatives,
gram to reduce spread of the Women receive combat roles in to manage city schools
disease aerial and naval warfare Steven Spielberg, David Geffen,
Congress approves family leave Civil rights advocate Ruth Bader and Jeffrey Katzenberg form
allowing up to 12 weeks for family Ginsburg named to U.S. Supreme Dreamworks, a new Hollywood
emergencies Court studio
486
THE VALUE OF A DOLLAR Selected Income, 1990-1994
Administrative Atlanta Journal Must know Microsoft Word and Harvard Graphics $20,000–$23,000/yr
Assistant Constitution
(1994)
Banker New Orleans Demand Deposit Manager $70,000/yr
Times-Picayune
(1993)
Bookkeeper Atlanta Journal Office administrator and bookkeeper to calculate payroll
Constitution of 120 employees and handle receivables $25,000/yr
(1994)
Budget Analyst Atlanta Journal City of Marietta; must have knowledge of state and city
Constitution budgeting regulations $22,693/yr
(1994)
Business Executive Fortune Salary of CEO Billy Payne, Atlanta Committee for Olympic
(1994) games in 1994 $600,000/yr
Business Executive San Francisco Eight months’ salary and bonus for Apple Computer
Examiner Chairman Gilbert Amelio in 1994 $3 million
(1994)
Chemist New Orleans Research and development; PhD; 10 years specialty
Times-Picayune in chemistry $70,000/yr
(1993)
Chief Financial Wall Street Journal Major U.S. university $175,000/yr
Officer (1993)
Chief Information Wall Street Journal Medical college seeking candidates for planning,
Officer (1993) managing and orchestrating the use of Information
Systems $75,000–$80,000/yr
Collections Atlanta Journal Commercial collections representative; for calling on
Constitution past-due accounts $7.25/hr
(1994)
Computer Support Chicago Tribune Wang Programmer $35,000/yr
(1990)
Computer Support Chicago Tribune Tape Librarian $18,000/yr
(1990)
Crafts Chicago Tribune Assemble craft items at home To $525/wk
(1990)
Dancer New Orleans Go-Go dancer, guaranteed pay, good tips $300/wk
Times-Picayune
(1993)
Driver Chicago Tribune Pizza delivery $6.50/hr
(1990)
Finance and Wall Street Journal Global Environmental Fund; Responsible for all
Administrative (1993) internal functions relating to accounting, financial
Director management, information systems $50,000–$65,000/yr
Football Player New Orleans Three-year contract signed by Pittsburgh Steeler Kevin
Times-Picayune Greene in 1993 $5.3 million
(1993)
Golfer Milwaukee Journal Earnings of John Daly for winning the Professional
(1991) Golfers’ Association Championship in 1991 $230,000
Investment Analyst Wall Street Journal Entails developing sophisticated strategies for the
(1993) financing of goods sold by U.S. exporters premised on
innovative structuring of credit facilities and discounting
trade debt $87,000/yr
487
Selected Income, 1990-1994 THE VALUE OF A DOLLAR
Investment Director Wall Street Journal Emerging Market Investments Director $80,000–
(1993) $100,000/yr
Legal Secretary San Francisco Don’t be on the wrong side of the door when
Chronicle opportunity knocks to $42,000/yr
(1996)
Marketing Trainee Chicago Tribune National Wholesale Management Trainee; no experience $25,000–$35,000/yr
(1990)
Mason Milwaukee Journal Employment for brick layers; quality a must $23/hr
(1991)
Model Playboy Modeling fee of 1993 Playmate of the Year, Anna Nicole $100,000 plus
(1993) Smith automobile
NFL Coach USA Today Annual salary, Washington Redskin Football Coach $1.6 million
(2004) Joe Gibbs
Phone Operator Chicago Tribune Switchboard operator $7/hr
(1990)
Postal Clerk Chicago Tribune No experience $11.57/hr
(1990)
Sales Chicago Tribune Engineering sales, two years experience in machine tools
(1990) or robotics $40,000/yr
Sales Manager Wall Street Journal U.S. West Communications needs manager to direct all
(1993) sales activities targeting home-based business customers
within a 14-state region $75,000/yr
Sales Manager Wall Street Journal Sell franchises, distributorships, joint ventures $100,000/yr
(1993)
Stockers Chicago Tribune Major department store now hiring $4.00–$4.75/hr
(1990)
488
THE VALUE OF A DOLLAR Consumer Expenditures, 1990-1994
489
Investments, 1990-1994 THE VALUE OF A DOLLAR
INVESTMENTS 1990-1994
Investment 1990 1991 1992 1993 1994
Basic Yield, One-Year Corporate Bonds 9.69 9.46 8.56 7.55 8.41
Short-Term Interest Rates, 4–6 Months,
Prime Commercial Paper 8.06 6.21 3.95 3.40 5.02
Basic Yield, Common Stocks, Total 3.39 3.28 3.05 2.80 2.90
Index of Common Stocks S&P 500 358.02 371.16 408.14 450.53 444.27
COMMON STOCKS, CLOSING PRICE AND YIELD, FIRST BUSINESS DAY OF YEAR
(Parenthetical number is annual dividends in dollars)
AT&T 30 61/64 20 1/2 26 5/8 34 45/64 35 23/32
(Name changed from American (1.29) (1.32) (1.32) (1.32) (1.32)
Telephone & Telegraph Company,
4/21/94) (1 per 16 spin-off, 12/13/96)
NationsBank N/C Bank of America 40 3/8 51 1/8 48 3/8
(NCNB & C&S Sovran combine (0.76) (0.82) (0.94)
to form NationsBank, 1/2/92)
(2 for 1 split, 2/7/97)
(NationsBank combines
with Bank of America, 10/1/98)
CPC Ind. N/C Best Foods 17 5/32 19 3/8 21 3/64 23 9/16 22 5/32
(Pfd rights redepmt., 4/1/91) (0.50) (0.54) (0.59) (0.63) (0.67)
(2 for 1 split, 4/2/92)
(1 per 4 spin-off, 12/15/97)
(Name changed to Best Foods, 1/2/98)
(2 for 1 stock split, 3/31/98)
Bethlehem Steel 18 1/2 14 7/8 14 16 20 3/8
(1 per 1 poison pill rights, 10/18/98) (0.40) (0.40) (0.00) (0.00) (0.00)
Delta Airlines 34 1/8 27 7/8 33 1/16 25 7/16 27 5/16
(2 for 1 split, 11/2/98) (0.60) (0.60) (0.60) (0.10) (0.10)
American Brands N/C Fortune Brands 29 3/8 26 15/32 28 45/64 25 53/64 21 13/64
(2 for 1 split, 10/9/90) (1.41) (1.59) (1.81) (1.97) (1.99)
(1 per 1 spin-off, 5/29/97)
(Name changed to
Fortune Brands, Inc., 5/30/97)
General Electric 16 1/8 14 11/32 19 1/8 21 3/8 26 7/32
(2 for 1 split, 4/28/94) (0.47) (0.51) (0.56) (0.63) (0.72)
(2 for 1 split, 4/28/97)
GM/E Electronic Data Sys. 13 21/32 19 5/16 31 1/2 32 7/8 29
(2 for 1 split, 2/16/90) (0.28) (0.32) (0.36) (0.40) (0.48)
(2 for 1 split, 2/14/92)
(Each share of CL “E”
converted into 1 share of
Electronic Data Systems, 6/10/96)
General Motors 39 59/64 32 31/64 27 9/32 30 15/32 51 55/64
(1 spin-off, 12/17/97) (3.00) (1.60) (1.40) (0.80) (0.80)
Microsoft 2 27/64 4 3/16 9 17/64 10 43/64 10 5/64
(2 for 1 split, 3/26/90) (0.00) (0.00) (0.00) (0.00) (0.00)
(3 for 2 split, 6/18/91)
(3 for 2 split, 6/3/92)
(2 for 1 split, 5/6/94)
(2 for 1 split, 11/22/96)
(2 for 1 split, 2/6/98)
Ind Harvester N/C Navistar Int’l 38 3/4 22 1/2 26 1/4 22 1/2 23 5/8
(Name change to Navista (0.00) (0.00) (0.00) (0.00) (0.00)
International Corp., 2/20/86)
(1 for 10 split, 6/30/93)
490
THE VALUE OF A DOLLAR Investments, 1990-1994
491
Standard Jobs, 1990-1994 THE VALUE OF A DOLLAR
492
THE VALUE OF A DOLLAR Food Basket, 1990-1994
Bacon, sliced, per pound 1990 $1.971 $2.094 $1.952 $1.942 $1.895
1991 $2.261 $2.409 $2.266 $2.265 $2.102
1992 $1.948 $2.232 $1.979 $1.757 $1.822
1993 $1.861 $2.115 $1.793 $1.707 $1.830
1994 $2.028 $2.209 $2.077 $1.894 $1.930
Bananas, per pound 1990 43.2¢ 47.4¢ 42.2¢ 41.3¢ 41.8¢
1991 44.1¢ 48.9¢ 42.5¢ 40.9¢ 44.1¢
1992 42.9¢ 45.1¢ 42.9¢ 38.9¢ 44.6¢
1993 43.0¢ 46.1¢ 40.4¢ 37.8¢ 47.8¢
1994 44.3¢ 48.0¢ 42.2¢ 41.3¢ 45.5¢
Bread, white pan, per pound 1990 72.0¢ 87.1¢ 66.3¢ 59.7¢ 74.8¢
1991 72.9¢ 87.6¢ 69.6¢ 59.6¢ 74.6¢
1992 74.2¢ 90.5¢ 72.6¢ 60.0¢ 73.8¢
1993 76.5¢ 86.7¢ 76.6¢ 64.6¢ 78.2¢
1994 79.2¢ 87.6¢ 80.6¢ 63.9¢ 84.8¢
Butter, salted, grade AA, stick, per pound 1990 $2.103 $2.195 $2.036 $2.074 $2.108
1991 $1.941 $2.070 NR $1.812 NR
1992 $2.010 $2.010 NR NR NR
1993 $1.927 $1.927 NR NR NR
1994 $1.696 $1.835 $1.557 NR NR
Chicken, fresh, whole, per pound 1990 89.9¢ $1.087 85.0¢ 77.6¢ 88.3¢
1991 90.7¢ $1.050 84.3¢ 80.7¢ 92.8¢
1992 89.3¢ $1.057 83.9¢ 78.7¢ 89.0¢
1993 89.8¢ $1.059 83.3¢ 78.4¢ 91.4¢
1994 91.8¢ $1.027 88.3¢ 79.1¢ 97.1¢
Coffee, 100%, ground roast, all sizes, 1990 $2.912 $3.041 $2.765 $3.077 $2.764
per pound 1991 $2.932 $3.028 $2.744 $3.060 $2.897
1992 $2.656 $2.870 $2.562 $2.602 $2.589
1993 $2.348 $2.615 $2.241 $2.413 $2.122
1994 $2.533 $2.777 $2.478 $2.470 $2.408
Cola, nondiet, cans, 6 pack, 12-oz cans 1990 41.7¢ NR NR NR 41.7¢
per 16 ounces 1991 NR NR NR NR NR
1992 NR NR NR NR NR
1993 NR NR NR NR NR
1994 NR NR NR NR NR
Corn on the cob, per pound 1990 NR NR NR NR NR
1991 NR NR NR NR NR
1992 NR NR NR NR NR
1993 NR NR NR NR NR
1994 NR NR NR NR NR
Crackers, soda, salted, per pound 1990 $1.249 NR NR $1.249 NR
1991 $1.334 NR NR $1.334 NR
1992 NR NR NR NR NR
1993 $1.138 NR NR $1.138 NR
1994 $1.023 NR NR $1.023 NR
Eggs, Grade A, large, per dozen 1990 $1.232 $1.356 $1.148 $1.193 NR
1991 $1.135 $1.300 $1.093 $1.013 NR
1992 94.5¢ $1.138 81.0¢ 88.6¢ NR
1993 92.3¢ $1.083 82.2¢ 86.3¢ NR
1994 94.6¢ $1.128 83.3¢ 87.8¢ NR
493
Food Basket, 1990-1994 THE VALUE OF A DOLLAR
Ground beef, 100% beef, per pound 1990 $1.545 NR $1.566 $1.569 $1.501
1991 $1.632 NR $1.623 $1.657 $1.615
1992 $1.597 NR $1.615 $1.576 $1.600
1993 $1.054 NR $1.601 $1.561 NR
1994 $1.533 NR $1.588 $1.531 $1.480
Lettuce, iceberg, per pound 1990 61¢ 68.6¢ 54.9¢ 61.4¢ 59.0¢
1991 69.2¢ 77.8¢ 67.3¢ 69.6¢ 62.0¢
1992 58.2¢ 63.5¢ 59.2¢ 58.8¢ 51.4¢
1993 62.8¢ 70.0¢ 62.9¢ 63.8¢ 54.5¢
1994 50.7¢ 57.1¢ 49.1¢ 52.0¢ 44.6¢
Margarine, soft, tubs, per pound 1990 $1.138 NR $1.090 NR $1.186
1991 NR NR NR NR NR
1992 $1.097 NR $1.097 NR NR
1993 NR NR NR NR NR
1994 $1.076 NR $1.076 NR NR
Margarine, stick, per pound 1990 86.8¢ 90.8¢ 84.3¢ 76.1¢ 95.9¢
1991 87.1¢ NR 86.0¢ 80.3¢ 94.9¢
1992 87.2¢ 80.2¢ 78.5¢ 98.1¢ 91.9¢
1993 86.5¢ NR 75.5¢ 88.6¢ 95.3¢
1994 81.6¢ NR 82.8¢ 80.3¢ NR
Milk, fresh, whole, fortified, 1990 $1.444 $1.400 $1.457 $1.664 $1.255
per 1/2 gallon 1991 $1.390 $1.379 $1.274 $1.593 $1.313
1992 $1.364 $1.365 $1.393 NR $1.335
1993 $1.348 $1.325 NR NR $1.370
1994 $1.461 $1.364 NR NR $1.558
Potatoes, frozen, French fried, per pound 1990 85¢ 94.2¢ 82.8¢ 78.1¢ NR
1991 85.7¢ 98.5¢ 87.6¢ 71.1¢ NR
1992 96.3¢ $1.019 95.3¢ 91.6¢ NR
1993 90.9¢ $1.014 89.6¢ 81.8¢ NR
1994 59.7¢ NR 88.0¢ 91.2¢ NR
Steak, T-Bone, U.S. Choice, bone-in, 1990 $5.199 NR $5.134 $5.263 NR
per pound 1991 $5.232 NR $4.974 $5.489 NR
1992 $5.159 NR $5.145 $5.173 NR
1993 $5.334 NR $5.473 $5.194 NR
1994 $5.716 NR $5.731 $5.701 NR
Sugar, white, all sizes, per pound 1990 42.3¢ 45.6¢ 40.9¢ 40.9¢ 41.7¢
1991 44¢ 49.0¢ 43.3¢ 40.8¢ 42.8¢
1992 43¢ 49.2¢ 38.9¢ 40.7¢ 43.3¢
1993 42¢ 51.0¢ 36.3¢ 38.8¢ 41.8¢
1994 41.2¢ 48.5¢ 36.3¢ 39.5¢ 40.4¢
Tuna, light, chunk, per pound 1990 $1.986 NR $2.057 $1.915 NR
1991 $2.042 NR $1.995 $2.088 NR
1992 $2.064 $2.228 $1.979 $1.986 NR
1993 $1.973 $2.240 $1.912 $1.768 NR
1994 $2.074 $2.261 $2.016 $1.901 $2.116
494
THE VALUE OF A DOLLAR Selected Prices, 1990-1994
Alcohol
Gin New Orleans Seagram’s Extra Dry Gin; 1.75 liter $14.39
Times-Picayune
(1992)
Liquor Chicago Tribune Grand Marnier Creme; 750 ml $6.99
(1990)
Rum New Orleans Bacardi Rum; 1.75 liter $15.99
Times-Picayune
(1992)
Vodka New Orleans Absolut Vodka; 750 ml $12.29
Times-Picayune
(1992)
Whiskey New Orleans Seagram’s 7 Crown; blended whiskey; 750 ml $6.79
Times-Picayune
(1992)
Whiskey New Orleans Jack Daniel’s Black Label; 750 ml $11.39
Times-Picayune
(1992)
Whiskey New Orleans Canadian Mist; 1.75 liter $14.49
Times-Picayune
(1992)
Wine New Orleans Glen Ellen White Zinfandel; 750 ml $3.99
Times-Picayune
(1992)
Apparel, Children’s
Coat Chicago Tribune Pacific Trail; boy’s ski jacket; waterproof nylon $49.96
(1990)
Jacket Sears Flyer Crinkle nylon jacket $18
(1993)
Leggings Sears Flyer Bends more the way you do $15
(1993)
Overalls Sears Flyer Osh Kosh overalls $22
(1993)
Pants Milwaukee Journal Wild Thunder; cotton canvas and twill with drawstrings $19.99
(1991)
Shirt New Orleans Blitzz; knit shirt; 100% cotton; crew-neck styling $5.50
Times-Picayune
(1992)
Shoes New Orleans McGregor Boat Oxfords $9.96
Times-Picayune
(1992)
Socks New Orleans Keds; 4-pack cuff anklets, cotton-nylon blend $4
Times-Picayune
(1992)
Sweater Natural History Charming, handmade sweater with dinosaur design $68
Magazine
(1993)
Tee Shirt Sears Flyer Skateboard tee shirt, rainbow hued, hand sprayed
(1993) and sponged front and back $9
Apparel, Men’s
Baseball Cap New Orleans Choice of color $2.99
Times-Picayune
(1992)
495
Selected Prices, 1990-1994 THE VALUE OF A DOLLAR
Shoes Atlanta Journal Shelby Shoe; cream, taupe, or navy leather $68
Constitution
(1993)
Sweater Sears Flyer Cotton tunic sweater, wide scoop neck $32
(1993)
Appliances
Air Conditioner Sears Flyer Window air conditioning unit $474.99
(1993)
Air Purifier Sears Flyer Cleans up to 2250 sq. ft. per hour; 4 speed fan control $234.50
(1993)
Dishwasher Sears Flyer 5 cycle, 5 option with Quiet Pack; plus installation $629.99
(1993)
Dishwasher New Orleans Whirlpool; 5-cycle built-in dishwasher $299
Times-Picayune
(1992)
Microwave Oven Milwaukee Journal Ten-power microwave; touch control $99
(1990)
Refrigerator Milwaukee Journal Frigidaire; 18 cubic feet $396
(1990)
Refrigerator Sears Catalog Kenmore Space Saver; two-door, frostless model $425.97
(1990)
Vacuum Cleaner New Orleans Hoover Elite II; vacuum with 5 amp motor $89.96
Times-Picayune
(1992)
Vacuum Cleaner New Orleans Dustbuster; cordless vacuum; lightweight and compact $17.99
Times-Picayune
(1992)
Water Heater Sears Flyer 40 gallon unit $549.99
(1993)
Baby Products
Car Seat Sears Flyer Converts to carrier or rocker $65
(1993)
Car Seat Sears Catalog Travel 700 Car Seat; padded shield and push-button
(1992) release $80
Chest Sears Flyer 4 drawer chest, some assembly required $200
(1993)
Crib Sears Flyer Honey oak finish, double drop sides with stabilizer bar $190
(1993)
Crib Sheets Sears Flyer 3 piece, Mickey Mouse design $40
(1993)
Diapers New Orleans Walgreen; disposable diapers for boys or girls $6.99
Times-Picayun
(1992)
Dressing Table Sears Flyer Honey oak finish $100
(1993)
Business Equipment and Supplies
Calculator New Orleans Tozal; compact desktop dual power with 8-digit display $3.99
Times-Picayune
(1992)
Computer Atlanta Journal Apple MacIntosh Powerbook; 180 4/80 $3,799
Constitution
(1993)
Office Machine Atlanta Journal Brother Intellifax-600; Home Office Fax Machine with
Constitution cutter $353.43
(1993)
Pager New Orleans Motorola Lifestyle; digital pager $7.95/mo
Times-Picayune
(1992)
Photocopier Sears Catalog Xerox; personal copier $899.99
(1990)
497
Selected Prices, 1990-1994 THE VALUE OF A DOLLAR
Telephone Atlanta Journal Oki-810; car phone, includes installation and antenna $149
Constitution
(1993)
Collectibles
Bottle Glass-Works Wahoo & Calisaya Bitters Bottle—Jacob Pinkerton;
Auctions medium amber semi-cabin 9 7/8” high, smooth
East Greenville, PA base, applied mouth $400
(1992)
Boxing Trunks Art & Antiques Boxer Muhammad Ali’s satin boxing trunks, sold
(1993) in auction in 1992 $13,200
Calendar Natural History Insects of the New World; wall calendar $12.85
Magazine
(1993)
Coin Boy’s Life 1652 Colonial Massachusetts silver sixpence $35,200
(1992)
Comic Book Art & Antiques Superman Comic Book, No. 1, from June 1938; good
(1993) condition, sold in auction in 1992 $82,500
Furniture Art & Antiques Porcelain and tupliwood jewel casket and stand, once
(1993) owned by Marie Antoinette; sold in auction in 1991 $4.93 million
Photograph Art & Antiques Photographer Nic Nicosia’s scenes from daily life,
(1993) each $3,500
Photograph Boy’s Life Simulated Special Edition of Boy’s Life cover with your
(1992) favorite picture plus $3.50 for postage and handling $19.95
Political Button David J. Frent George Washington, 1789 Inaugural Shank Button;
Political Auction GW raised in center with “Long Live the President”
(1994) above in semicircular channel $1,408
Snuff Box Art & Antiques 18th century snuff box reading “On Thy Sweet Lips,
(1993) To Print A Kiss, Is My Deal Girl The Price Of This” $700
Sports Card Art & Antiques Baseball card for Honus Wagner, from 1910; sold
(1993) in auction in1991 $451,000
Stamp Collection Natural History Endangered species stamp collection; U.N. postal
Magazine administration $8.50
(1993)
Stamps Boy’s Life 109 stamps from around the world $0.50
(1992)
Education
Annual Tuition Boy’s Life Military academy, Gainesville, Georgia, grades 8–12 $9,400
(1994)
Camp Boy’s Life Lake Toxaway, NC $3,100
(1994)
Tuition Boy’s Life Carson Long Military Institute; New Bloomfield,
(1992) Pennsylvania $7,500/yr
Entertainment
Antique Show Art & Antiques The Original Miami Beach Antiques Show; 33 years
(1993) in the same location; Miami Beach Convention Center
Admission $7
Antique Show Art & Antiques Sacred Heart Antiques Show, Chicago, Illinois; 45 dealers
(1993) showing American, English, Continental and Oriental
furniture
Admission $8
Camp Boy’s Life Northern Michigan Wilderness Camp; backpacking,
(1992) canoeing and bicycling, two weeks $515
Festival Ticket New Orleans New Orleans Jazz and Heritage Festival; Friday night $25 reserved seat
Times-Picayune
(1993)
Lecture Natural History Natural History Museum presents the latest scientific
(1993) findings from the Hubble Space Telescope; slide-show
illustrated lecture, each $8
498
THE VALUE OF A DOLLAR Selected Prices, 1990-1994
Jewelry
Gold Chain New Orleans Ladies 18” 14k gold diamond cut rope $79.99
Times-Picayune
(1992)
Ring Sears Catalog Round pearl ring $79.99
(1992)
Ring Sears Catalog Emerald cluster ring $99.99
(1992)
Ring Atlanta Journal Artcarved high-school class ring $69.95
Constitution
(1993)
Watch New Orleans Citizen; men’s $149.90
Times-Picayune
(1992)
Watch Chicago Tribune Raymond Weil; white dial with 18k gold bezel and
(1990) black sharkskin strap; men’s $750
Watch New Orleans Timex Analog Quartz $14.99
Times-Picayune
(1992)
Watch Natural History Your dog on a wrist watch; see your favorite dog
(1993) walk around the dial $29.95
Meals
Dinner Milwaukee Journal Hales Corner Restaurant; 8 oz filet mignon, relish tray,
(1990) salad, soup and potato, cherries jubilee $7.95
Easter Sunday New Orleans Salvatore Ristorante; Easter Sunday menu $15.95
Times-Picayune
(1993)
Medical Products and Services
Hydrogen Peroxide New Orleans 16-oz bottle $0.39
Times-Picayune
(1992)
Nonprescription Atlanta Journal Nyquil; 10-oz bottle $4.93
Medicine Constitution
(1993)
Nonprescription Milwaukee Journal Advil; caplets, 100-count package $6.68
Medicine (1990)
Nonprescription New Orleans Dramamine; for nausea, dizziness and vomiting;
Medicine Times-Picayune 12 tablets $2.39
(1992)
Ointment Milwaukee Journal Preparation H; 1-oz tube $2.88
(1990)
Motorized Vehicles, Supplies, and Services
Anti-Freeze Milwaukee Journal Prestone; antifreeze/coolant $5.45
(1990)
Automobile Milwaukee Journal 1990 Ford Escort $5,999
(1990)
Automobile Milwaukee Journal 1990 Ford Taurus; 4 doors; fully equipped $9,999
(1990)
Automobile Chicago Tribune 1991 Oldsmobile Ninety-Eight Regency Elite $20,999
(1990)
Automobile Atlanta Journal 1992 Miata $14,978
Constitution
(1993)
Automobile Atlanta Journal 1993 Nissan Altima GXE $14,484
Constitution
(1993)
Automobile Atlanta Journal 1993 Toyota Previa $20,893
Constitution
(1993)
503
Selected Prices, 1990-1994 THE VALUE OF A DOLLAR
504
THE VALUE OF A DOLLAR Selected Prices, 1990-1994
Basketball Backboard Chicago Tribune Fiberglass backboard with rim and pole $99.98
(1990)
Binoculars Sears Catalog Tasco; 8–20 power x 50mm $139.99
(1992)
Exercise Bicycle Chicago Tribune Air-gometer; exercise cycle $249.99
(1990)
Exercise Equipment Natural History Lifestep; Model 550; proven effective in the nation’s
Magazine finest health clubs $1,589
(1993)
Exercise Equipment Natural History Nordic Track; takes weight off and keeps it off $399.95
Magazine
(1993)
Exercise Machine Natural History Lifestep 5500 Aerobic Trainer; 20 minutes to a
(1993) healthier body $1,598
Golf Clubs Atlanta Journal Dunlop Solution Golf Set; stainless-steel woods and irons $249
Constitution
(1993)
Knife Milwaukee Journal Wormark Fish ’n Filet $9.99
(1990)
Pistol New Orleans Smith & Wesson; 38 caliber; SST, S-shot $309
Times-Picayune
(1993)
Pool Table Chicago Tribune Canterbury; 6’ $699
(1990)
Rod and Reel Milwaukee Journal Garcia Lite Plus Casting Combo $59.99
(1990)
Scuba Equipment New Orleans Pro scuba mask; list $79.95 $24.95
Times-Picayune
(1993)
Scuba Equipment New Orleans Scuba tank; 80 cu ft; 3000 PSI $119.95
Times-Picayune
(1993)
Tennis Racket Atlanta Journal Wilson; 3.0 tennis frame; wide-body graphite/kevlar
Constitution construction $129.97
(1993)
Tent Atlanta Journal Camel Genesis Sixty Second Tent; 7’ x 8’ dome $89.98
Constitution
(1993)
Toys
Tilt Walker Boy’s Life Develops coordination $21.95
(1994)
Water Balloon Boy’s Life 200 yard model $13.50
Launcher (1994)
Travel and Transportation
Airline Ticket New Orleans American Airlines; New Orleans to Miami $290
Times-Picayune
(1993)
Airline Ticket Chicago Tribune Midway Airlines; Chicago to Boston one way $99
(1990)
Airline Ticket Chicago Tribune Midway Airlines; Chicago to Saint Thomas; one way $179
(1990)
Airline Ticket New Orleans TransWorld Airlines; New Orleans to Honolulu $612
Times-Picayune
(1993)
Cruise Ticket Natural History Alaska cruise; If you want authentic Alaska, don’t gamble
Magazine on another cruise $2,395/person
(1993)
505
Miscellany, 1990-1994 THE VALUE OF A DOLLAR
MISCELLANY 1990-1994
Bordeaux Wines PGA Championship Prize
At $40 or more for a bottle from a well-known Golfer John Daly has plans for at least part of
chateau, a good Bordeaux wine comes at a price the $230,000 first-place check (he earned as win-
that can cramp the style of all but the most well- ner of the Professional Golfers’ Association
heeled wine lovers. Some Bordeaux producers Championship).
have done something about this. Look for the “Pay off my house, van and BMW,” said Daly,
1990 Maitre d’Estournel ($8), 1989 Michel Lynch who bought the car for his fiancée. “I’m going to
($8.50), 1989 Christian Moueix Merlot ($10) and donate $30,000 to charity, whatever the PGA
1989 Mouton-Cadet ($8). They’re all very good wants to donate it to.”
wines and real values. Milwaukee Journal, August 21, 1991
Bon Appetit, February, 1993
506
THE VALUE OF A DOLLAR Historical Snapshot, 1995-1999
HISTORICAL SNAPSHOT
1995-1999
1995 General Motors strike settled after Seagrams acquires music giant
Chevron settles harassment 16 days Polygram for $10.4 billion to give
charges concerning offensive jokes Liggett Group breaks with other the new company one quarter of
and comments for $2.2 million tobacco companies, settles law suits the $11.4 billion market
Michael Jordan leaves baseball, Bell Atlantic and NYNEX merge to Inflation rate falls to 1.6%
returns to professional basketball’s form nation’s second largest tele- Professional basketball players are
Chicago Bulls phone company locked out by owners
U.S. opposes Microsoft’s planned Federal Drug Administration Biotechnological stocks show long
$2 billion merger with Intuit approves U.S. marketing of abor- anticipated potential, increase 44%
Longest Major League Baseball tion pill RU-486 for the year
strike in history, 234 days, ends Centennial Summer Olympics in The Unabomber pleads guilty to all
Courts force the Citadel Military Atlanta, GA, disrupted by bombing charges and accepts a sentence of
College to admit first female cadet life without parole
Safer whooping cough vaccine
Oklahoma City Federal Courthouse approved President Bill Clinton impeached;
bombed, the worst act of terrorism admits to an affair with White
Jobless rate lowest in six years
in U.S. history House intern Monica Lewinsky
Incumbent U.S. president Bill In professional baseball Mark
Twenty-fifth anniversary of Earth Clinton defeats Bob Dole
Day celebrated McGuire and Sammy Sosa compete
Minimum wage increased 90 cents to break Roger Maris’s 1961 home
Supreme Court rules that only a to $5.15 per hour run record; both succeed; Sosa hits
constitutional amendment can 66 and McGuire hits 70
Wall Street’s Dow Jones Industrial
enforce term limits on Congress
average surpasses 6,000 barrier Melissa Ward becomes the first
Dow Corning declares bankruptcy black female captain in commercial
Department of Agriculture says the
after failure of its silicone breast aviation
cost of raising a child to age 17 is
device
$149,820 The television game show The Price
U.S. renews trade privileges with is Right airs its 5,000th episode
Dow ends year at 6,448
China despite human rights record
India resumes nuclear testing after
U.S. space shuttle docks with 1997 Pakistan successfully tests its first
Russian Space Station nuclear weapon
Thirty-year mortgage falls to 7 per-
Federal Drug Administration rules
cent
nicotine an addictive drug, moves 1999
to regulate
Leading tobacco companies make
$368 billion settlement with states Over 10,000 people protest the
Walt Disney Company acquires World Trade Summit in Seattle,
to settle smoking death claims
Capital Cities/ABC for $19 billion Washington
Scottish researchers announce the
Chemical Bank and Chase The United States officially hands
first cloning of an adult mammal, a
Manhattan merge to create nation’s over control of the Panama Canal
sheep named Dolly
biggest bank to Panama
Despite a one-day plunge of 554
Forty thousand African American Pokeman, a card game, is the
points, stock market soars; Dow up
men meet in Washington, D.C., largest toy craze of the year
pledge to take responsibility for 20 percent for third straight year
The cartoon movie South Park is
their lives and communities President Clinton gains line-item
released and found to have the
25 percent of Americans continue veto power for first time
most curse words per minute, of
to smoke cigarettes despite health Affirmative Action programs, any movie ever distributed
warnings designed to aid minorities, come NATO bombs Serbia to stop
under attack
Serbian aggression against the
1996 Croats
U.S. approves fat substitute olestra 1998 The USA Women’s soccer team
for snacks Tobacco companies make a $260 wins the World Cup
Budget crisis shuts down Federal billion settlement with states for George W. Bush, son of former pres-
Government temporarily smoke-related illnesses ident George Bush, announces that
Networks introduce Television Dow Jones industrial average he will run for president of the
Rating System closes year at 9,181, up 16% United States
507
Selected Income, 1995-1999 THE VALUE OF A DOLLAR
Administrative San Francisco Collections, pull credit reports, create spreadsheets $20,000-$26,000/yr
Assistant
(1996)
Administrative San Francisco International bank seeks French speaking candidate to $30,000/yr
Assistant Chronicle
(1996)
Administrative New York Times Chairman looking for an articulate assistant to
Assistant (1998) coordinate all meetings and presentations $52,000/yr
plus bonus
Animal Control San Francisco Good people and animal handling skills required; law
Officer Chronicle enforcement background preferred $10.75/hr
(1996)
Attorney San Francisco City of Oakland, California; Deputy City Attorney $7,094-$8,709/mo
Chronicle
(1996)
Baseball Player People Weekly Annual salary of St. Louis Cardinal baseball player
(1998) Mark McGwire $9 million
Book Advance People Weekly Amount paid to Monica Lewinsky to write a tell-all
(1998) book about her affair with President Bill Clinton $600,000
Bus Driver Washington Post Require clean driving and criminal record. Must pass
(1999) physical with drug test $9/hr
Comedian San Francisco Per episode salary of television comic star Jerry
Examiner Seinfeld in 1997 $1 million
(1997)
Computer Engineer New York Times LAN/WAN engineer, routers, frame, SNA, ATM, NT to $100,000
(1998)
Dentist New York Times Endo, ortho, implants $2,000/day
(1998)
Football Player San Francisco Salary and bonus of San Diego Chargers player Junior
Examiner Seau in 1997 $6.88 million
(1997)
Hockey Player San Francisco Annual salary of Philadelphia hockey player Eric
Examiner Lindros in 1997 $8 million
(1997)
Housekeeper San Francisco 9 A.M. to 4 P.M. M-F $15/hr
Chronicle
(1996)
Housekeeper San Francisco Must have car; English speaking $1,000/mo
Chronicle
(1996)
Housekeeper Washington Post Live-in, Monday through Friday, experience and
(1999) references required $225/wk
Informant People Weekly Reward paid to David Kaczynski for identifying his
(1998) brother, Ted, as the Unabomber $1 million
Legal Secretary San Francisco Don’t be on the wrong side of the door when
Chronicle opportunity knocks to $42,000/yr
(1996)
Medical Faculty Look Smart Website Annual salary of Dermatology faculty in 1999 $153,498
(2000)
Medical Faculty Look Smart Website Annual salary of Internal Medicine faculty in 1999 $120,000
(2000)
Packers Atlanta Constitution Warehouse has openings from 7:00 A.M. to 4:00 P.M. $8/hr
(1999)
508
THE VALUE OF A DOLLAR Selected Income, 1995-1999
509
Consumer Expenditures, 1995-1999 THE VALUE OF A DOLLAR
510
THE VALUE OF A DOLLAR Investments, 1995-1999
INVESTMENTS 1995-1999
Investment 1995 1996 1997 1998 1999
Basic Yield, One-Year Corporate Bonds 7.54 7.96 7.63 6.23 7.64
Short-Term Interest Rates, 4–6 Months,
Prime Commercial Paper 5.79 5.61 5.65 4.80 5.71
Basic Yield, Common Stocks, Total 2.53 2.21 1.77 NR NR
Index of Common Stocks (S&P-500) 544.75 670.63 885.14 1229.23 1469.25
COMMON STOCKS, CLOSING PRICE AND YIELD, FIRST BUSINESS DAY OF YEAR
(Parenthetical number is annual dividends in dollars)
Allis Chalmers 1 3/8 1 3 5/8 3.50
AT&T 34 3/16 44 3/64 41 1/4 58.82 77.88
(Name changed from American (4.40) (4.40) (4.40) (4.40) (4.40)
Telephone & Telegraph Company,
4/21/94) (1 per 16 spin-off, 12/13/96)
(3 for 1 split, 4/99; 1 for 5 split, 11/02)
NationsBank N/C Bank of America 45 3/4 69 3/8 97 3/8 60 3/4 60.50
(NCNB & C&S Sovran combine (1.04) (1.20) (1.37) (1.80) (1.85)
to form NationsBank, 1/2/92)
(2 for 1 split, 2/7/97)
(NationsBank combines
with Bank of America, 10/1/98)
Delta Airlines 25 1/4 36 13/16 35 7/16 59 1/2 51.94
(2 for 1 split, 11/98) (.10) (.10) (.10) (.10) (0.10)
American Brands N/C Fortune Brands 23 59/64 28 3/8 31 21/32 37.06 31.25
(2 for 1 split, 10/9/90) (2.00) (2.00) (1.41) (1.67) (1.99)
(1 per 1 spinoff, 5/29/97)
(Name changed to
Fortune Brands, Inc., 5/30/97)
General Electric 25 1/2 36 49 7/16 73.31 100.56
(2 for 1 split, 4/28/94) (.82) (.92) (1.04) (1.20) (1.29)
(2 for 1 split, 4/28/97)
(3 for 1 split, 5/00)
GM/E Electronic Data Sys. 38 3/8 52 43 1/4 43 15/16
(2 for 1 split, 2/16/90) (.52) (.60) (.60) (.60)
(2 for 1 split, 2/14/92)
(Each share of CL “E”
converted into 1 share of
Electronic Data Systems, 6/10/96)
General Motors 39 13/16 49 31/32 52 11/16 60 3/4 70.87
(1 spinoff, 12/17/97) (1.10) (1.60) (2.00) (2.00) (2.00)
Microsoft 5 9/32 21 15/16 41 5/16 64 5/8 141.00
(2 for 1 split, 3/26/90)
(3 for 2 split, 6/18/91)
(3 for 2 split, 6/3/92)
(2 for 1 split, 5/6/94)
(2 for 1 split, 11/22/96)
(2 for 1 split, 2/6/98)
(2 for 1 split, 3/99; 2 for 1 split, 2/03)
Ind Harvester N/C Navistar Int’l 15 1/8 10 5/8 9 1/8 24 13/16 27.75
(Name change to Navistar
(no dividends)
International Corp., 2/20/86)
(1 for 10 split, 6/30/93)
511
THE VALUE OF A DOLLAR Investments, 1995-1999
512
THE VALUE OF A DOLLAR Standard Jobs, 1995-1999
513
Food Basket, 1995-1999 THE VALUE OF A DOLLAR
Bacon, Sliced, per pound 1995 $1.921 $2.252 $1.969 $1.661 $1.801
1996 $2.177 $2.353 $2.093 $2.207 $2.054
1997 $2.658 $2.854 $2.595 $2.599 $2.585
1998 $2.64 $2.78 $2.67 $2.51 $2.73
1999 $2.52 $2.77 $2.61 $2.27 $2.64
Bananas, per pound 1995 50.6¢ 56.2¢ 47.3¢ 47.5¢ 51.3¢
1996 46.7¢ 50.0¢ 43.2¢ 43.1¢ 50.3¢
1997 50.3¢ 54.3¢ 46.9¢ 46.6¢ 53.2¢
1998 $0.47 $0.52 $0.44 $0.43 $0.51
1999 $0.48 $0.49 $0.48 $0.44 $0.55
Bread, White Pan, per pound 1995 78.2¢ 85.2¢ 76.1¢ 69.2¢ 82.2¢
1996 86.8¢ 90.3¢ 84.6¢ 81.7¢ 90.5¢
1997 87.1¢ 89.0¢ 87.4¢ 81.4¢ 90.6¢
1998 $0.85 $0.96 $0.84 $0.75 $0.94
1999 $0.87 $1.01 $0.87 $0.77 $0.89
Butter, Salted, Grade AA, Stick, 1995 $1.610 $1.610 NR NR NR
per pound 1996 $1.784 $1.771 $1.908 $1.673 NR
1997 $1.959 NR NR $1.959 NR
1998 $2.35 NR NR NR NR
1999 $3.00 NR NR $2.79 NR
Chicken, Fresh, Whole, per pound 1995 91.7¢ $1.058 86.4¢ 79.5¢ 95.0¢
1996 96.2¢ $1.100 93.8¢ 82.9¢ 98.2¢
1997 $1.029 $1.074 $1.000 93.6¢ $1.104
1998 $1.02 $1.10 $0.97 $0.91 $1.15
1999 $1.07 $1.21 $1.13 $0.98 $1.11
Coffee, 100%, Ground Roast, 1995 $4.478 $4.739 $4.236 NR $4.459
all sizes, per pound 1996 $3.336 $3.097 $3.451 $3.254 $3.543
1997 $3.333 $3.661 $3.135 NR $3.204
1998 $4.02 $4.40 $3.77 $3.89 $4.01
1999 $3.43 $3.69 $3.17 $3.37 $3.48
Crackers, Soda, Salted, per pound 1995 NR NR NR NR NR
1996 $1.306 NR NR $1.306 NR
1997 $1.441 NR NR $1.441 NR
1998 $1.66 NR NR $1.49
1999 $1.59 NR NR $1.41
Eggs, Grade A, Large, per dozen 1995 92.4¢ $1.115 78.6¢ 87.0¢ NR
1996 $1.193 $1.330 $1.046 $1.202 NR
1997 $1.167 $1.312 $1.052 $1.138 NR
1998 $1.12 $1.20 $1.04 $1.11 NR
1999 $1.05 $1.17 $1.00 $1.00 NR
Ground Beef, 100% beef, per pound 1995 $1.364 NR $1.384 $1.343 $1.365
1996 $1.305 NR $1.297 $1.402 $1.215
1997 $1.404 NR $1.315 $1.492 NR
1998 $1.45 NR $1.42 $1.49 NR
1999 $1.38 NR $1.32 $1.42 NR
Lettuce, Iceberg, per pound 1995 82.1¢ 98.6¢ 75.3¢ 82.0¢ 72.5¢
1996 76.3¢ 83.1¢ 73.2¢ 81.0¢ 67.7¢
1997 64.7¢ 67.2¢ 57.4¢ 70.6¢ 63.7¢
1998 $1.07 $1.16 $0.82 $1.15 $1.13
1999 $0.64 $0.70 $0.59 $0.66 $0.62
514
THE VALUE OF A DOLLAR Food Basket, 1995-1999
515
Selected Prices, 1995-1999 THE VALUE OF A DOLLAR
Alcohol
Wine Bottle Holder Playboy Hand-crafted by artist Eric Kaposta; limited edition;
(1997) bust of Bacchus $150
Wine Playboy 1994 Cakebread Cellar’s Chardonnay Reserve $36
(1997)
Wine Viansa Catalog Viansa; 1997 Sauvignon Blanc, made from
(1998) Napa Valley grapes $12
Apparel, Men’s
Belt Coldwater Creek Fine-grained Italian leather, 1” wide $42
Catalog
(1998)
Field Jacket Lands’ End Catalog Gently stonewashed 7-oz cotton canvas, with
(1998) corduroy collar $69.50
Jacket Soccer Madness Adidas Santiago Polar Fleece; two-tone sleeves and body $69.95
Catalog
(1997)
Jeans Los Angeles Times Todd Oldham style $50
(1997)
Shoes Los Angeles Bass Brompton style $59.99
Times
(1997)
Shoes Coldwater Creek Loafers of flexible nappa leather $68
Catalog
(1998)
Soccer Cleats Soccer Madness Predator Touch liga; features jets, fins, and ridges which
Catalog offer better ball control and spin $129.95
(1997)
Suit Los Angeles Times Savane; double-gabardine suit $149.99
(1997)
Suit Boston Globe Hickey-Freeman $760
(1997)
Suit Boston Globe Oxford suit $1,320
(1997)
Apparel, Women’s
Brassiere Boston Globe Maidenform $12.99
(1997)
Brassiere Boston Globe Best Form $5.99
(1997)
Brassiere Los Angeles Times Olga; push-up sensuous solution style $20.63
(1997)
Brassiere Los Angeles Times Vanity Fair; underwire skin-to-skin style $18
(1997)
Dress Los Angeles Times Versace; stretch scuba dress $295
(1997)
Fur Coat Boston Globe Beaver jacket $495
(1997)
Fur Coat Boston Globe Blush fox coat $2,595
(1997)
Fur Coat Boston Globe Russian sable coat $7,995
(1997)
Handbag Los Angeles Times Tignanello; one-touch leather bag $69.99
(1997)
516
THE VALUE OF A DOLLAR Selected Prices, 1995-1999
Hat Smith & Hawken Double-chemille stuffs into backpack or purse $39
(1998)
Jacket Boston Globe Cashmere-blend jacket $69.99
(1997)
Pants The State Diane Richard washable flannel pants, styled in $28
(Columbia, SC) poly/rayon
(1998)
Purse Los Angeles Times Kenneth Cole; leather reaction bag $148.50
(1997)
Shoes Boston Globe Salmon Evolution 7.1 boots $189.95
(1997)
Shoes Los Angeles Times Hush Puppies $29.99
(1997)
Shoes Atlanta Constitution Brooks Paragon; cross-training tennis shoe $55
(1999)
Turtleneck Lands’ End Catalog Pure silk; just as lightweight yet warm as our long, full
Underwear (1998) bodied underwear $32.50
Appliances
Breadmaker Consumer Reports The Breadman TR800 made the best bread $100
(1997)
Vacuum Cleaner Consumer Reports Hoover Windtunnel Deluxe weighs 18 lb.; better than
(1998) most on carpeting and at edge-cleaning $280
VCR Consumer Reports The Panasonic PV-8662 is a fine all-around performer
(1998) that offers features for a range of family uses $240
Whirlpool Tubs Consumer Reports American Standard Luxury System II is spacious
(1998) and comfortable; holds 25 to 63 gallons $1,660
Entertainment
Art Exhibit New York Times Baule: African Art/Western Eyes; Museum for
(1999) African Art $8
517
Selected Prices, 1995-1999 THE VALUE OF A DOLLAR
Entertainment, Home
Audio Tape Boston Globe TDK audio tape; 7-pack D90 $5
(1997)
Camcorder Consumer Reports “The digital Sony DCR-PC10 delivered the best
(1999) image, but it’s still extremely expensive.” $2,700
Camera Consumer Reports The Nikon Coolpix 900 has 1.280 x 960-pixel resolution,
(1999) compact flash memory card and Adobe Photo Deluxe
2.0 for Windows 95, Mac 05 7.2 $800
Camera American Photo Canon; EOS-3 35mm with eye control $1,900.00
(1998)
Film Boston Globe Kodak Gold; 110 film; 24 exposures; 3-pack; 200 speed $6
(1997)
Piano Atlanta Constitution Yamaha; digital piano $997
(1999)
Television Boston Globe Zenith; 19”; Digital; Color $139
(1997)
Television Playboy Projectavision; Digital Home Theater TV; combines 60”
(1997) rear-projection TV with computer display $10,000
Videotape, Playboy Farrah Fawcett, All of Me $19.98
Prerecorded (1997)
Videotape, Boston Globe Disney’s Lion King $29.97
Prerecorded (1997)
Videotape, Atlanta Constitution Lethal Weapon $15.99
Prerecorded (1999)
Food Products
Cookies Viansa Catalog Amaretti; soft almond cookies in assorted fruit and nut
(1998) flavors in spaghetti tin $18
Jam Williams-Sonoma La Trinquelinette; organically grown fruits; 13-oz jar $9
Catalog
(1997)
Olive Oil Viansa Catalog Extra-virgin oil from three olive varieties; comes
(1998) in a handetched glass decanter, 23 oz $32
Salt Williams-Sonoma Brittany Grey Sea Salt; 2 lb 2 oz box $10.50
Catalog
(1997)
Tea Los Angeles Times Tetley Iced Tea Mix; 42 Servings $0.99
(1997)
Water Los Angeles Times Niagara Pure Drinking Water; 1.5 liter $0.49
(1997)
Furniture
Armoire Atlanta Constitution Port Royal entertainment armoire, holds 32” TV $899
(1999)
Bed Atlanta Constitution Campaign bed, made from steel with a protective
(1999) coating; queen size $699
Cabinet Boston Globe 54” Utility cabinet, ready to finish $44
(1997)
Chair Boston Globe La-Z-Boy; 18 different elevations; 3-position foot rest $332.99
(1997)
Chair Los Angeles Times Global Leather Task Tilter $99.99
(1997)
Desk Los Angeles Times Recycled office furniture; 60” x 18” $128
(1997)
518
THE VALUE OF A DOLLAR Selected Prices, 1995-1999
Ladderback Chair New York Times Walnut construction with rush seat $195
(1998)
Garden Equipment and Supplies
Arbor Southern Living Vinyl arbor $495
(1999)
Bulbs Fine Gardening 100 pink/white lily-flowering tulips; delivered $43
Magazine
(1996)
Garden Label Fine Gardening Flag-style markers $20.95/100
Magazine
(1996)
Hotel Rates
Hotel Room Chicago Tribune The Talbott Hotel; includes deluxe accommodations,
(1996) $20 Marshall Fields gift certificate, and holiday keepsake;
available weekends $160
Room Rate Southern Living Kiawah Island, SC $260
(1999)
Household Products
Answering Machine Playboy Bank & Olufsen Beotalk 1100; uses digital chip recorder
(1998) to forward messages to three mailboxes $250
Bath Towel The Company Store Silhouette; 100% cotton long terry loop, 27” X 54” $24
Catalog
(1998)
Bath Tub Reglaze The State Don’t replace your old tub, reglaze it $170
(Columbia, SC)
(1998)
Battery Boston Globe Eveready; D-size; 2-pack $6
(1997)
Blender Los Angeles Times Krups Power X; 330-watt; 14 speeds $49.99
(1997)
Bowl Set Williams-Sonoma 11-piece glass bowl set; tempered glass from France $32
Catalog
(1997)
Breadmaker Los Angeles Times Welbilt; 2-lb convection bread machine $129.99
(1997)
Ceiling Fans Consumer Reports Hunter Sojourn is a very efficient fan with
(1998) excellent air-moving ability $190
Cell Phone Consumer Reports Motorola StarTac has excellent overall reception purity
(1998) With contract $199–$550
Without contract $349–$799
China Los Angeles Times 5-piece place setting; festive pattern $28.75
(1997)
Cleanser Los Angeles Times Purex All Purpose Cleaner; 32 oz $0.99
(1997)
Cleanser Boston Globe Ultra Downy; 20 oz $2
(1997)
Cleanser Boston Globe Ultra Mr. Clean; 14 oz; Lemon Fresh $2
(1997)
Comforter Los Angeles Times Quallowarm II; hypoallergenic polyester fiberfill;
(1997) king size $160
Cookware Williams-Sonoma All-clad master soup pot; stainless steel; 12 qt $230
Catalog
(1997)
Cookware Williams-Sonoma International clay pot; ideal for the health conscious $14.95
Catalog
(1997)
Deodorizer Los Angeles Times Arm & Hammer Pet Fresh Carpet and Room Refresher $0.99
(1997)
519
Selected Prices, 1995-1999 THE VALUE OF A DOLLAR
Vegetable Slicer Williams-Sonoma Benriner; shreds and juliennes fruits and vegetables $45
Catalog
(1997)
Jewelry
Bracelet Atlanta Constitution Garnet and diamond hugs and kisses bracelet in 18k
(1999) gold over sterling $160
Necklace Atlanta Constitution Cultured pearl necklace, 18” strand $425
(1999)
Ring New York Times Givenchy; sterling sliver cross band ring with cubic $40
(1998) zirconia; woman’s
Watch Newsweek Pulsar Solar; charges with any light source, man’s $215
(1998)
Watch Los Angeles Times Kirium Chronometer; men’s $1,695
(1997)
Watch Playboy Picasso Watch Collection; featuring Pablo Picasso’s
(1997) “The Face” $165
Meals
Buffet The State Daily seafood buffet, 60 items include crab legs, mussels,
(Columbia, SC) scallops, shrimp, fish, beef, and chicken dinner $6.50
(1998)
Dinner San Francisco North India Restaurant; featuring Baingan Bharta,
Examiner mesquite-smoked eggplant $7.95
(1996)
Medical Products and Services
Dental Services The State Extractions, per tooth $25
(Columbia, SC)
(1998)
Nonprescription Boston Globe Pepto Bismol; 8 oz $4
Drug (1997)
Nonprescription Boston Globe Robitussin DM; cough suppressant; 4 oz $3
Drug (1997)
Motorized Vehicles, Supplies, and Services
Automobile Southern Living 1999 Chevy Malibu $16,535
(1999)
Automobile, New The State 1998 Volvo S70 sedan $26,895
(Columbia, SC)
(1998)
Automobile, Used The State 1996 Lincoln Mark VIII $20,292
(Columbia, SC)
(1998)
Garage Door Opener Los Angeles Times Lift Master 2000; installed $275
(1997)
Radar Detector Playboy SOLO Radar and Laser Detector; cordless $199
(1997)
Tire Boston Globe Bridgestone High Performance 65 HR 15 $85
(1997)
Other
Bird Bath Smith & Hawken Cast-stone sundial design, 15” square with pedestal and
(1998) base, including shipping $236
Cat Food Boston Globe Purina Cat Chow; 20-lb bag $7.99
(1997)
Telescope Coldwater Creek Bushnell; compact spotting scope that weighs just over
Catalog a pound; magnifies 20 to 50 times.
(1998) $225
521
Selected Prices, 1995-1999 THE VALUE OF A DOLLAR
Wreath Smith & Hawken Victorian Rose wreath combines rose buds, cedar tips,
(1998) winter wheat and pink larkspur on a 12” grapevine base $59
Publications
Book Williams-Sonoma Mediterranean Cooking Kitchen Library; 108 pages;
Catalog hardback $14.95
(1997)
Book Fortune Magazine Success and the Fear of Success in Women, by
(1996) David Krueger, M.D.; paperback $25
Book Times Past VW Beetle: A Comprehensive Illustrated History of the
Catalog World’s Most Popular Car $24.98
(1998)
Book Times Past Roadside Memories: A Collection of Vintage Gas
Catalog Station Photographs $29.95
(1998)
Catalog Country Living Waterworks Sink and Plumbing Fixtures Catalogue $8
Magazine
(1996)
Catalog Fine Gardening Heirloom Old Garden Roses Catalog and Reference Guide $5
Magazine
(1996)
Magazine People Weekly Annual subscription to People Weekly magazine;
(1998) published weekly $103.98
Sports Equipment
Bicycle Playboy Hotta TT; racing bike; carbon-fiber monocoque frame $4,000
(1997)
Bicycle Boston Globe Rand Barbie; 12” girl’s bike $49.97
(1997)
Exercise Equipment Boston Globe Weider Jane Fonda Manual Treadmill $299.96
(1997)
Exercise Equipment New York Times Pro-Form cage machine; multi work-out positions,
(1999) weights not included $299.99
Rollerblade Skates Boston Globe Variflex $34.97
(1997)
Soccer Ball Soccer Madness Diadora; signature ball; hand sewn $69.95
Catalog
(1997)
522
THE VALUE OF A DOLLAR Selected Prices, 1995-1999
Toys
Bank Times Past Mr. Potato Head coin bank $19.95
Catalog
(1998)
Travel and Transportation
Airline Ticket Los Angeles Times Southwest Airlines; Los Angeles to Chicago $198
(1997)
Airline Ticket Los Angeles Times Southwest Airlines; Ontario to Salt Lake City $69
(1997)
Trip Boston Globe Cancun Clipper Club; includes round-trip airfare;
(1997) seven nights in January $399
Trip Boston Globe Lake Tahoe; includes round-trip airlines; 3 nights’ hotel
(1997) accommodations; ski lift discounts $594
Trip Boston Globe Radisson Inn; Sanibel Island, Florida; package includes
(1997) round-trip from Boston; 3 hotel nights; 3-day economy
Alamo Rent-A-Car $389
Trip Boston Globe Rex Saint Lucian; includes round-trip airfare, seven
(1997) nights $749
523
Miscellany, 1995-1999 THE VALUE OF A DOLLAR
MISCELLANY 1995-1999
Expect to spend $60,000 or more for Same Price, More PC
Net commerce Here’s what you get in a $4,000 Gateway 2000
Online commerce “used to be an ‘If you build PC today compared with one in 1988:
it, they wouldn’t have come,’ situation because $4,000 in 1988
the audience was fearful of it,” said Anita Bloch, —Intel 386 running at 20 megahertz
president of Red Dot Interactive, San Francisco. —DOS 3.3
“I don’t think the technology has changed much, —80-megabyte hard drive
but the perception has changed that [the Web] is —1 meg of RAM, expandable to 8
no less secure than any other credit card transac- —3.5-inch disc drive
tions.” Medium-size sites wishing to include more —5.25-inch disc drive
secure transactions will face higher start-up
costs, partially due to the need for “secure” $4,000 in 1995
servers such as those distributed by Netscape. —Intel Pentium running at 133 megahertz
Transactions like this could cost a company a —Windows 95
median price of $21,250, according to our devel- —1.62-gigabyte hard drive
opers. Many sites have incorporated “shopping —16 megs of RAM
carts” on their transaction-based sites. This tech- —3.5-inch disc drive
nology allows users to browse through a site and —6X CD-ROM drive
add items to their “cart” as they go. A site with a —28.8-kilobaud fax modem
huge catalog of varied products would find this —Surround Sound speakers with subwoofer
ideal, but could expect to pay a median price of —Microsoft Office software
$62,500 to set it up. Newsweek: Computers and The Family, Fall/Winter 1995
Advertising Age, January/February, 1997
Football Business
The Cost of Bringing Up Baby If the NFL ever changes some of the fundamen-
Rene Bellerive knew that bringing up a baby tal ways it does business, especially revenue
would cost a bundle. But $149,820? That’s how sharing, it will impact old football stadiums. No
much the Department of Agriculture says less than 86% of the Green Bay Packers’ revenue
Bellerive and average new parents like her will comes from shared sources—63% from the
spend to raise their newborns to age 17. The 1996 league’s television contract and another 23%
survey of 12,850 two-parent households and 3,395 from ticket receipts, licensing agreements and
single-parent households found that housing took other income that the NFL divides among its
the biggest chunk—33 percent, or $49,710. Food teams. Right now, business is booming. The
was No. 2, at $26,130; followed closely by trans- Packers have a rainy-day fund of $21 million.
portation, clothing and child care. It costs about Beginning last year they picked up an additional
$8,300 a year, or $694 a month, to raise one child $2.5 million in annual skybox revenue by drop-
in a two-child, two-parent, middle-class family, ping an arrangement under which they placed
the survey found. A generation earlier, raising a three games a season at Milwaukee County
child cost one-sixth as much. Several expenses, Stadium.
such as child care, weren’t a factor in earlier Sports Illustrated, January 13, 1997
times. In 1960, the first year the department con-
ducted the survey, raising a child cost $25,229.
San Francisco Examiner, November 25, 1997
524
2000-2009
9/11, the War on Terror,
and the Aftermath
PRESIDENTS
William J. Clinton 1993-2001
George W. Bush 2001-2009
Barack H. Obama 2009-
istory will record that the 21st-century be- breed of suicidal terrorist known as al Qaeda, were
525
Background, 2000-2009 THE VALUE OF A DOLLAR
into civil war in Iraq, and little economic or political eral deficits soared. Substantial, well-respected invest-
progress was made despite the presence of 144,000 ment houses disappeared overnight; the American
troops. As casualties rose above 3,000 and the automobile industry appeared to be on the point of
monthly cost of the war topped $10 billion, the collapse, and consumers found that credit was both
American people lost patience and turned against the more difficult to obtain and less affordable.
Republican administration punishing the 2006 The crisis was the first severe economic slump
Republican Congressional candidates at the polls. since the overhaul of the welfare system or govern-
But the twin wars in Afghanistan and Iraq were mental cutbacks in job training and housing assis-
pushed off the front pages in 2007 and 2008 by a col- tance—traditional safety net tools for managing the
lapse of the U.S. economy that was first compared to recession. At the same time America’s industry was
the recession of 1981-1982 and then to the Great undergoing a transformation, outsourcing many of its
Depression that started with the stock market crash manufacturing jobs to China, South America, or India.
in 1929. For years the economy had been fueled by a The result for President Bush was a dramatic decline
laissez-faire capitalism that embraced inexpensive in popularity in public opinion polls, hovering in the
borrowing, extensive deregulation and a tax policy 20s—comparable only to President Herbert Hoover,
that tended to concentrate America’s wealth among whose administration was in power at the time of the
the most affluent three percent. Real income gains Great Depression.
for the working and middle-class stagnated, even as The unpopularity of the wars, rising energy costs
their personal debt structure grew. Beginning in and the crippling state of the economy, propelled
August 2007 the Federal Reserve and the Treasury America to embrace the fresh promise of Democrat
Department attempted to address weakness following Barack Obama, who won the presidential election on
the bursting of the housing bubble. Fueled by low cost November 4, 2008 on the twin themes of change and
borrowing, exotic new financial instruments and lax hope. When he was sworn in January, 2009, his prior-
oversight by a wide range of well established financial ities included the revitalization of the American econ-
institutions, banks worldwide suffered substantial omy, diversification of America’s energy policy, the
losses on mortgage related securities. Home foreclo- proper conduct of two wars, and fixing an overbur-
sures soared into the hundreds of thousands through- dened medical health system. The nation was also
out the United States. The problems, which continued divided by decades of cultural wars concerning
into 2009, required the federal government to allocate issues such as abortion, gay rights and the definition
$700 billion to stem the credit crisis. In the process of marriage.
the financial industry was largely reorganized and fed-
2000 $1.20
2003 $1.13
2005 $1.06
2007 $1.00
526
THE VALUE OF A DOLLAR Historical Snapshot, 2000-2004
HISTORICAL SNAPSHOT
2000-2004
2000 A U.S. spy plane collides with a President George Bush signs a 10-
The human genome is decoded Chinese fighter jet, igniting an year, $350 billion tax cut, the third-
after furious work including com- international incident largest tax cut in U.S. history
petition between private and gov- Harry Potter and the Sorcerer’s Stone is The Congressional Budget Office
ernment scientists the highest grossing movie of 2001 reveals that the deficit will be $480
George W. Bush wins the presi- billion in 2004 and projects a
dency in a disputed election after 2002 deficit of up to $5.8 trillion by 2013
the U.S. Supreme Court rules that The euro debuts in 12 European The European Union expands by
the Florida presidential vote will countries, officially beginning the 10 members
stand without a recount process of creating a common
Los Alamos Scientist Dr. Wen Ho economy 2004
Lee is accused of spying and later Arthur Andersen, one of the four The Detroit Pistons beat the heav-
found to be innocent largest accounting firms in the ily favored Los Angeles Lakers in
The Whitewater investigation fi- United States, collapses for its five games to win the National
nally ends after six years; neither part in the Enron scandal Basketball Association
Bill nor Hillary Clinton is indicted Roadside snipers terrorize the Championship
Google, a popular search portal, Washington, DC area, killing 10 American armed forces hand over
indexes one billion Web sites people before being apprehended partial sovereignty to Iraq; wide-
How the Grinch Stole Christmas The United Nations passes a unani- spread violence persists through-
becomes the highest grossing film of mous motion calling on Iraq to dis- out the country
the year, taking in over $260 million arm or face serious consequences Kenneth Lay, the CEO of Enron, is
The Infatada starts in Israel over Spiderman is the highest grossing indicted in connection with the
the breakdown of the peace talks movie of 2002, with over $400 mil- giant energy company’s collapse in
Vermont approves same sex mar- lion in ticket sales 2001
riages Reacting to the spate of high- Massachusetts Senator John Kerry
Britain ends self rule in Northern profile fraud and bankruptcies at wins the democratic nomination
Ireland after the IRA misses a U.S. companies, Congress passes and picks North Carolina Senator
deadline to disarm sweeping new anti-corruption laws John Edwards as his running mate
Record companies continue to Abu Ghraib prison in Iraq
2001 blame Internet music downloading becomes an international anti-
American businessman Dennis for flat music sales; the industry American symbol after prisoner
Tito becomes the first space responds by suing consumers abuse by United States soldiers is
tourist after paying the Russian North Korea admits to making uncovered
space program millions of dollars nuclear bombs in defiance of Former President Ronald Reagan
for the experience of space travel signed treaties dies at age 93 after years of suffer-
Oklahoma City bomber Timothy ing from Alzheimer’s disease
McVeigh is executed 2003 Michael Moore releases the movie
Terrorists hijack four airliners on Space shuttle Columbia explodes on Fahrenheit 9/11, an attack on
September 11th; two are flown into reentry; seven astronauts are killed President George W. Bush, causing
the Twin Towers in New York City, a political firestorm; the film
a third into the Pentagon, while
After Britain and the United States
lose their attempt for UN resolu- becomes the highest grossing doc-
the fourth goes down 80 miles out-
tion authorizing war against Iraq, umentary of all time
side of Pittsburgh
they attack on March 19; coalition The U.S. Supreme Court rules that
The United States invades
forces capture the Iraqi capital of all prisoners of war and enemy
Afghanistan in retaliation for its
Baghdad on April 9 combatants held at Guantanamo
unwillingness to hand over Osama
The Supreme Court upholds Bay, Cuba, are to be allowed
bin Laden, the head of al Qaeda,
the group responsible for the Affirmative Action access to a lawyer and the courts
September 11 attacks. The Taliban Apple Music begins to sell songs Jeopardy contestant Ken Jennings
is deposed for $0.99 over the Internet wins over a million dollars com-
Enron, one of the world’s largest The Massachusetts Supreme Court peting on the popular television
energy trading firms, collapses rules that the legislature must game show
because of massive fraud and craft a bill that gives gay couples
accounting problems the right to marry
527
Selected Income, 2000-2004 THE VALUE OF A DOLLAR
Advertising New York Times Per day fee of Charles Stone III, Ad Director,
Director (2000) Budweiser’s “wassup” campaign $18,000/day
Attorney The State Newspaper Average annual income of lawyers in Myrtle Beach,
Columbia, SC South Carolina in 2002 $95,610
(2004)
Bartender New York Times Bartender in fashionable restaurant in New York City $600/night
(2000)
Baseball Player USA Today Sports Salary of Minnesota Twins pitcher J. C. Romero $820,000
Weekly
(2004)
Book Advance New York Times Fee paid in advance to John Welch, Jr., former Chairman
(2004) of General Electric, to write a book on winning in the
business world $4 million
Carpet Cleaner San Francisco Stanley Steemer; will train; weekly pay $300 to $500
Chronicle
(2004)
Chemist American Chemical Starting salary of a chemistry graduate with a Masters
Society Annual degree $45,000
Survey
(2002)
Clerical San Francisco General office work with benefits; per hour $20.70
Chronicle
(2004)
Disc Jockey New York Times Nightly pay for DJ Mark Ronson $7,500
(2000)
Dog Walker New York Times Half hour walk for one dog $20/half hr.
(2000)
Endorsement Fee Charlotte (NC) Amount paid to horse Smarty Jones’ jockey Stewart
Observer Elliott to wear the logo for Infone, a telephone concierge
(2004) service, during Belmont Stakes horse race $200,000
Engineer Society of Fire Fire protection engineers annual salary $78,000
Protection Engineers
Website
(2001)
Firefighter The State Newspaper Annual tax-free salary of firefighters in Iraq $100,000
Columbia, SC
(2004)
Focus Panelist Fee New York Times Amount paid for two hours of participation in a
Magazine focus panel concerning the Iowa Democratic
(2003) presidential caucus $60
Football Player USA Today Sports Annual salary of back-up quarterback Kurt Warner,
Weekly St. Louis Rams $9.5 million
(2004)
Football Player The State Newspaper Payment in 2004 to each member of the winning
Columbia, SC team in the Super Bowl $68,000
(2004)
Foundation Director New York Times Annual average salary for director of a nonprofit
(2000) foundation in New York City $224,000
528
THE VALUE OF A DOLLAR Selected Income, 2000-2004
Garbageman New York Times Starting annual salary for sanitation worker
(2000) in city of New York; high school diploma or
G.E.D.required $27,842
Information Manager Tech Target Survey Annual salary of storage architect $80,836
(2003)
Massage Therapist New York Times Average hourly wage of a massage therapist in a New
(2000) York health club $35
Average hourly wage of a massage therapist working
privately $55
Medicine Ivy Tech State Annual salary of medical laboratory technician $25,771
College Survey
(2000)
Medicine Ivy Tech State Top salary paid to radiology technician $33,384
College Survey
(2000)
Model New York Times Hourly fee of super model Gisele Bundchen $8,000/hr.
(2000)
Movie Star Wall Street Journal Nicole Kidman’s salary as lead in Sydney Pollack
(2004) movie The Interpreter $15 million
Movie Star Wall Street Journal Ben Affleck’s salary as star of movie Gigli $12.5 million
(2004)
Musicians New York Times New York Philharmonic cellist $91,260
(2000)
NFL Coach USA Today Annual salary of Washington Redskin Football
(2004) Coach Joe Gibbs $5 million
Nurse New York Times Dialysis RN $45/hr.
(2001)
Physical Therapist New York Times Home health care in all boroughs of
(2004) New York City $80,000
Physician New York Times Starting OB/GYN salary $160,000
(2000)
Physician American College Median annual salary of doctor of internal medicine $162,872
of Physicians with ten years’ experience
(2002)
Plumber Ivy Tech State Average hourly wage of plumber/pipefitter $25
College Survey
(2000)
Policeman New York Times Average salary of first year police officer in New York $31,305
(2000) City
Police Sergeant New York Times Average salary of a New York City police sergeant $59,299
(2000)
Professor Association of Average salary of full professor at Oklahoma State
Collegiate Schools University in 2001 $86,591
of Planning
(2004)
School Principal New York Times Rye City School District in Westchester County, $117,000–
(2004) New York $141,000
Software Developer SearchNetworking. Annual salary of software developer in northwest $87,000
com U.S.
(2004)
529
Selected Income, 2000-2004 THE VALUE OF A DOLLAR
530
Consumer Expenditures, 2000-2004 THE VALUE OF A DOLLAR
Notes: Totals may not add up to component items due to rounding errors; (1) Components of income and taxes are derived
from complete income reporters only through 2003. Beginning in 2004 income imputation was implemented. As a result
Source: U.S. Department of Labor, Bureau of Labor Statistics, Consumer Expenditure Surveys, 2000 - 2006 (Table 4. Size of
Consumer Unit: Average Annual Expenditures and Characteristics)
531
Investments, 2000-2004 THE VALUE OF A DOLLAR
INVESTMENTS 2000-2004
2000 2001 2002 2003 2004
Moody’s Yield on Seasoned Corporate Bonds - 7.62 7.08 6.49 5.66 5.63
All Industries, AAA (1)
90-Day AA Nonfinancial Commercial Paper 6.31 3.65 1.69 1.11 1.41
Interest Rate (2)
Federal Funds Effective Rate (3) 6.24 3.88 1.67 1.13 1.35
Bank Prime Loan Rate (4) 9.23 6.91 4.67 4.12 4.34
Certificate of Deposit (CD), 6-month Rate (5) 6.59 3.66 1.81 1.17 1.74
U.S. Treasury Note, 10-year (6) 6.03 5.02 4.61 4.01 4.27
Mortgage Rate, 30-year Fixed (7) 8.06 6.97 6.54 5.82 5.84
Index of Common Stocks (S&P 500) 1,320.28 1,148.08 879.82 1,111.92 1,211.92
Dividend Yield in Percent, S&P 500 (8) 1.23 1.37 1.83 1.61 1.60
(1) Moody’s AAA rates through December 6, 2001, are averages of AAA utility and AAA industrial bond rates. As of
December 7, 2001, these rates are averages of AAA industrial bonds only.
(2) Interest rates interpolated from data on certain commercial paper trades settled by The Depository Trust Company.
The trades represent sales of commercial paper by dealers or direct issuers to investors (that is, the offer side).
(3) The daily effective federal funds rate is a weighted average of rates on brokered trades. Annualized using a 360-day
year or bank interest.
(4) Average majority prime rate charged by banks on short-term loans to business, quoted on an investment basis. Rate
posted by a majority of top 25 (by assets in domestic offices) insured U.S.-chartered commercial banks. Prime is one of
several base rates used by banks to price short-term business loans.
(5) Average rate on 6-month neogtiable certificates of deposit (secondary market), quoted on an investment basis.
(6) Market yield on U.S. Treasury securities at 10-year constant maturity, quoted on investment basis.
(7) Contract interest rates on commitments for 30-year fixed-rate first mortgages.
(8) Based on research by Aswath Damodaran from the Stern School of Business.
Source: The Federal Reserve (H.15 Selected Interest Rates - http://www.federalreserve.gov/releases/h15/data.htm) except
where otherwise noted.
532
THE VALUE OF A DOLLAR Investments: 2000-2004
Pfizer (acquired Warner-Lambert Feb. 2000) 31.87 46.13 39.90 31.53 35.55
Dividend 0.36 0.44 0.52 0.60 0.68
2:1 Stock Split, Jul. 1, 1999
Procter & Gamble Co. (PG) 107.19 78.50 80.00 87.81 98.99
Dividend 1.34 1.46 1.86 1.73 1.46
2:1 Stock Split, June 21, 2004
Reynolds American Inc. (RAI) 17.04 51.00 57.64 42.37 57.61
(previously R.J. Reynolds Tobacco)
Dividend 3.10 3.30 3.73 3.80 3.80
2:1 Stock Split, Aug. 15, 2006
United States Steel Corp. (X) 31.81 17.19 17.50 13.65 35.52
Dividend 1.00 0.55 0.20 0.20 0.20
Wal-Mart (WMT) 66.81 53.88 58.05 51.60 52.30
Dividend 0.24 0.28 0.30 0.36 0.52
2:1 Stock Split, Apr. 20, 1999
Yahoo (YHOO) 475.00 28.19 18.63 17.60 45.40
No Dividend
2:1 Stock Split, Feb. 8, 1999; 2:1 Stock Split, Feb. 14, 2000;
2:1 Stock Split, May 12, 2004
533
Standard Jobs, 2000-2004 THE VALUE OF A DOLLAR
Total, all industries $35,323 Total, all industries $36,219 $36,764 $37,765 $39,354
Total, all industries, private $35,337 Total, all industries, private $36,157 $36,539 $37,508 $39,134
Federal government $46,228 Federal government $48,940 $52,050 $54,239 $57,782
State government $36,296 State government $37,814 $39,212 $40,057 $41,118
Local government $32,387 Local government $33,521 $34,605 $35,669 $36,805
Bituminous coal underground mining $53,224 Bituminous coal underground mining $54,335 $54,052 $55,780 $58,428
Construction $36,622 Construction $38,412 $39,027 $39,509 $40,521
Private households (domestics) $13,236 Private households (domestics) $13,904 $14,466 $15,108 $15,377
Crop production $18,779 Crop production $19,241 $19,844 $20,138 $20,973
Finance, insurance and real estate $56,029 Finance and insurance $63,687 $62,762 $64,956 $70,129
Wholesale trade $46,740 Wholesale trade $48,791 $49,241 $50,835 $53,310
Retail trade $18,430 Retail trade $22,667 $23,232 $23,804 $24,415
Electric, gas, and sanitary services $61,478 Utilities $65,561 $67,374 $68,651 $72,403
Elementary and secondary schools $31,594 Elementary and secondary schools $32,794 $33,559 $34,475 $35,372
Manufacturing $44,776 Manufacturing $42,969 $44,097 $45,916 $47,861
Postal service $41,933 Postal service $42,240 $44,424 $45,511 $49,713
Communication $57,929 Telecommunications $56,492 $57,149 $59,192 $63,635
Radio and television broadcasting $51,324 Radio and television broadcasting $51,704 $51,576 $53,450 $55,737
Motion pictures $34,549 Motion picture and video industries $45,875 $45,572 $47,122 $49,598
Health services $34,945 Ambulatory health care services $42,963 $44,062 $44,719 $46,455
Membership associations and organizations $23,007 Membership associations and $25,050 $26,034 $27,047 $28,199
Rail transportation $38,682 organizations
Local and interurban passenger transit $42,601 Rail transportation $37,839 $31,255 $31,397 $33,411
Transit and ground passenger $42,031 $43,222 $44,555 $45,099
Note: The QCEW survey switched from SIC to NAICS codes in 2001. Data may not be directly comparable. Items in bold changed dramatically
between 2000 and 2001.
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW), 2000-2007
534
THE VALUE OF A DOLLAR Food Basket, 2000-2004
Margarine, 1 lb., stick form 2000 $0.73 $0.64 NR $0.72 $0.58 $1.71
2001 $0.80 $0.69 NR $0.78 $0.70 $1.82
2002 $0.86 $0.82 $1.03 $0.83 $0.74 $1.91
2003 $0.89 $0.91 $0.97 $1.06 $1.02 $1.95
2004 $0.90 $0.83 $0.99 $1.11 $1.06 $1.87
Milk, whole, 1/2 gallon 2000 $1.68 $1.99 NR $1.92 $2.06 $1.70
2001 $1.74 $1.99 NR $1.98 $2.16 $1.78
2002 $1.76 $1.76 $2.13 $2.09 $2.40 $2.01
2003 $1.74 $1.71 $1.69 $2.10 $2.47 $1.87
2004 $1.84 $1.75 $1.97 $2.26 $2.57 $1.97
Orange Juice, fresh, 64 oz. 2000 NR NR NR NR NR NR
2001 $1.57 $1.70 NR $1.78 $1.77 $2.19
2002 $1.56 $1.73 $1.68 $1.51 $1.77 $2.19
2003 $1.59 $1.54 $1.47 $1.65 $1.69 $2.26
2004 $2.70 $2.55 $3.01 $2.67 $3.56 $2.77
Peaches, halves or slices, 29 oz. can 2000 $1.64 $1.59 NR $2.17 $1.53 $2.01
2001 $1.65 $1.55 NR $2.24 $1.63 $2.02
2002 $1.67 $1.55 $1.82 $1.97 $1.72 $2.19
2003 $1.67 $1.59 $1.91 $2.11 $1.92 $2.15
2004 $1.69 $1.62 $2.03 $2.18 $2.09 $2.07
Peas, sweet, 15 oz. can 2000 $0.68 $0.65 NR $0.87 $0.84 $0.99
2001 $0.73 $0.67 NR $0.90 $0.83 $1.01
2002 $0.78 $0.78 $0.94 $0.85 $0.85 $1.03
2003 $0.78 $0.82 $0.97 $0.90 $0.90 $1.15
2004 $0.78 $0.81 $0.95 $0.93 $0.95 $1.13
Potatoes, 10 lb. sack, white or red 2000 $2.58 $3.59 NR $2.78 $2.24 $3.61
2001 $2.76 $3.18 NR $2.53 $2.51 $4.85
2002 $3.67 $4.63 $4.71 $3.68 $2.33 $3.53
2003 $3.45 $4.20 $5.30 $3.03 $3.18 $3.95
2004 $3.28 $3.87 $4.58 $3.33 $2.83 $4.36
Sausage, pork, 1 lb. 2000 $3.20 $3.06 NR $3.70 $4.53 $4.30
2001 $3.21 $3.11 NR $3.86 $3.96 $4.50
2002 $3.33 $3.26 $3.94 $4.39 $4.28 $5.38
2003 $3.33 $3.14 $3.67 $4.51 $4.30 $5.49
2004 $3.36 $2.94 $3.84 $4.70 $4.80 $4.91
Shortening, all-vegetable, 3 lb. can 2000 $3.06 $3.17 NR $3.16 $3.56 $4.70
2001 $3.07 $3.21 NR $3.14 $3.51 $4.72
2002 $3.15 $3.32 $3.69 $3.17 $3.51 $4.55
2003 $3.24 $3.45 $3.85 $3.19 $3.92 $4.53
2004 $3.36 $3.62 $4.07 $3.32 $4.03 $4.93
Steak, T-bone, per pound 2000 $6.43 $7.22 NR $6.32 $7.21 $9.99
2001 $6.75 $7.31 NR $7.03 $7.56 $10.31
2002 $6.69 $7.65 $7.31 $7.31 $8.02 $11.17
2003 $7.22 $7.04 $7.34 $7.59 $8.49 $11.89
2004 $8.04 $7.68 $8.27 $8.85 $8.55 $11.48
Sugar, white, 4-5 lb. 2000 $1.58 $1.45 NR $1.54 $1.65 $1.99
2001 $1.57 $1.61 NR $1.56 $1.86 $2.12
2002 $1.60 $1.72 $1.67 $1.72 $1.90 $1.95
2003 $1.59 $1.64 $1.40 $1.52 $1.97 $1.86
2004 $1.59 $1.55 $1.65 $1.62 $1.83 $1.93
Tuna, chunk light, 6.0 oz. can 2000 $0.66 $0.58 NR $0.89 $0.74 $1.34
2001 $0.68 $0.61 NR $0.86 $0.68 $1.34
2002 $0.70 $0.64 $0.93 $0.75 $0.61 $1.33
2003 $0.68 $0.60 $1.01 $0.80 $0.75 $1.32
2004 $0.68 $0.60 $0.82 $0.75 $0.81 $1.19
Notes: data for New York covers Manhattan only; data for 2000 covers Q4 only; data for 2001-2007 are 4-quarter averages; NR
not reported
Source: Council for Community and Economic Research (formerly ACCRA), Cost of Living Index, 2000-2007
536
THE VALUE OF A DOLLAR Selected Prices, 2000-2004
Alcohol
Beer Charlotte (NC) Budweiser, 12-pack, bottles $8.99
Observer
(2003)
Beer The State Coors Light; 18-pack, 12 ounce cans $8.99
Newspaper
Columbia, SC
(2002)
Champagne San Francisco Roederer Estate Brut; per bottle $15.99
Chronicle
(2004)
Wine Charlotte (NC) Gallo of Sonoma Chardonnay
Observer 750 ml. Bottle $9.99
(2003)
Wine San Francisco La Crema Chardonnay; per bottle $11.99
Chronicle
(2004)
Wine The State Robert Mondavi; 1.5 liter bottle $11.49
Newspaper
Columbia, SC
(2002)
Apparel, Children’s
Pants Campmor Catalog Campmor Teckmor girls capri pants; 100% quick
(2004) dry nylon; back zippered security pocket; value $32 $14.99
Shoes Orlando (Fl.) Boy’s Michael James shoes $17.99
Sentinel
(2004)
Shorts Orlando (Fl.) Russell Athletic reversible shorts
Sentinel Regular $16.00
(2004) On sale $10.99
Shorts Goody’s Flyer Levi’s side-vent denim shorts for juniors 1–13,
(2004) regular $30 $14.99
Shorts J C Penney Catalog Big Flirt active skorts; junior sizes; original $19.99 $9.99
(2004)
Shorts J C Penney Catalog Arizona camper shorts; girls sizes 7–17; original $16.99 $8.49
(2004)
Shorts J C Penney Catalog Arizona beach shorts; boys sizes 8–20; original $21.99 $9.99
(2004)
Tank Tops J C Penney Catalog Energie and One Step Up tanks and halters; junior
(2004) sizes; original $14.99 $7.49
Tee shirts Goody’s Flyer Choppers screen tees for young men, regular $19.99 $12.99
(2004)
Apparel, Men’s
Boots Campmor Catalog Dunham men’s waffle stomper mid leather boots;
(2004) list $110 $49.97
Boxers Kohl’s Flyer Patriotic boxers and lounge pants for men; original
(2004) $12–$20; sale $6–$10
Fleece Top Campmor Catalog Campmor microfleece zip-T neck; 100 weight micro-
(2004) denier fleece with anti-piling technology; 12.5 inch
zipper front opening; value $45 $19.99
Hat Seventeen Stetson style hat; black $600
(2000)
537
Selected Prices, 2000-2004 THE VALUE OF A DOLLAR
Pants Goody’s Flyer Duck Head classic twill pants; in pleated and flat-front
(2004) styles, regular $40 $20
Sandals J C Penney Catalog St. John’s Bay men’s Cayman leather sandals;
(2004) regular $49.95 $24.96
Shirts Goody’s Flyer Ivy Crew short sleeve rayon shirts, regular $29.99 $14.99
(2004)
Shirts J C Penney Catalog Pierre Cardin boxed dress shirt and tie sets,
(2004) regular $55 $27.50
Shoes San Francisco Adidas men’s trail running shoes; originally
Chronicle $74.99 $39.99
(2004)
Shorts Campmor Catalog Columbia Shoshoni Falls water trunks; list $30 $19.95
(2004)
Shorts Kohl’s Flyer Dockers shorts for men; original $38 $18.99
(2004)
Shorts Kohl’s Flyer Lee Dungaree shorts; twill or denim style; original
(2004) $34 $16.99
Tee Shirts Kohl’s Flyer Novelty screen printed muscle and short-sleeved tees
(2004) for young men; original $18 $9
Apparel, Women’s
Bra Seventeen Playtex bras; regularly $22.00 to $29.50 $10.97 to $13.97
(2000)
Dress Coldwater Creek A darted, side-wrapped dress; USA made of
Catalog imported polyester; back zip closure $69
(2004)
Dress Seventeen Ann Linn slip dress; bright designs $86
(2000)
Dress Seventeen All That Jazz floral pink dress $54
(2000)
Dress Charlotte (NC) Donna Morgan silk leopard print halter dress $79
Observer
(2004)
Formal Dress Seventeen Zum Zum; sequin-embroidered organza ballgown with
(2000) three frog enclosures in back; polyester $185
Handbag Seventeen Jill Stuart sequined handbag $175
(2000)
Hand Bag Seventeen Rampage Blue Bag $28
(2000)
Handbag Orlando (Fl.) Sentinel St. John’s Bay EZ organizers $19.99
(2004)
Hat Coldwater Creek Handwoven hat of red-hot rice paper that springs
Catalog back fresh; one size fits most $25
(2004)
Jacket Charlotte (NC) Le Suit short notched collar jacket with belt and pants $99
Observer
Linen Shirt jjill Catalog Light weight, softly shaped, scoop neckline;
(2004) pure linen. Machine wash. Petite Size $69
Women’s Size $79
Pants Goody’s Flyer Dockers twill capris for misses 4–18, regular $38 $21.99
(2004)
Poncho Seventeen Tibi crocheted poncho $165
(2000)
Purse Coldwater Creek Straw, twisted and woven with long leather-like
Catalog straps; full-fabric lining and zip top $25
(2004)
Sandals Coldwater Creek Soft, glossy leather slingbacks with stretchy sides
Catalog and flexible soles; 7/8 inch heel; red, blue or black $49
(2004)
538
THE VALUE OF A DOLLAR Selected Prices, 2000-2004
Shirt J C Penney Catalog DCC shirts; misses sizes; original $30 $14.99
(2004)
Shoes San Francisco New Balance women’s running shoes; originally
Chronicle $49.99 $39.99
(2004)
Sleepwear Kohl’s Flyer Nine and Company sleepwear separates for women;
(2004) original $18 $8.99
Socks Kohl’s Flyer Novelty socks for women; original $5 $2.50
(2004)
Tank Tops J C Penney Catalog Worthington tank tops; misses sizes; original $20 $9.99
(2004)
Tote Bag Seventeen Old Navy totes featuring the skyline of Seattle,
(2000) San Francisco, New York and Chicago; each $12.50
Underwear Orlando (Fl.) Sentinel Delicate lace boyshorts
(2004) Regular $12
Two $18
Appliances
Air Conditioner Chicago Tribune Sears window air conditioner $99.99
(2004)
Blender New York Times Oster’s beehive blender $80.00
Sunday Magazine
(2003)
Cordless Drill Washington Post DeWalt 12-volt cordless drill and driver kit $129
(2004)
Dishwasher Asheville (NC) Maytag JetClean II $429.00
Times Citizen
(2003)
Electrical Cord Washington Post Doit Heavy-Duty Outdoor Extension Cord, 100’ $19.99
(2004)
Fireplace Gas Logs The Roanoke (Va.) Appalachian Stove; 30” log set, manual control, 16,000
Times to 31,500 BTU $399
(2004)
Gas Grill The State The Big Easy, 36,000 BTU gas grill and smoker with side
Newspaper burner $259
Columbia, SC
(2004)
Gas Grill Sears Flyer Kenmore Gas Grill; wide body cooking system;
(2004) 580 sq. inches total cooking area $134.99
Grill Chicago Tribune George Foreman 14-in. round grill; nonstick grilling
(2003) surface, adjustable temperature $29.99
Heater New York Times Toastmaster; fully automatic compact heater; thermo-
(2004) statically controlled $19.95
Iron Kohl’s Flyer Black & Decker steam X iron; regular $34.99 $17.49
(2004)
Lantern Asheville (NC) Multi-function lantern; includes 5.5” black and
Times Citizen white TV, AM/FM and weather band radio, fluorescent
(2003) lantern, thermometer, flashlight, audible siren,
compass and auto AC/DC adapter. Regularly $60 $39.99
Microwave Chicago Tribune Kenmore microwave; 1.4 cu. ft., 1100-watt. 6 quick touch
(2003) sensor cooking keys $64.99
Refrigerator Charlotte (NC) Whirlpool no frost refrigerator; 17.6 cubic feet;
Observer upfront temperature control knobs $397
(2004)
Stereo System Belk Flyer Dolby executive stereo system; top loading CD player;
(2004) black lit LCD readout; built-in AM/FM tuner; full function
remote; desk or wall mount; regular $70 $49.99
539
Selected Prices, 2000-2004 THE VALUE OF A DOLLAR
540
THE VALUE OF A DOLLAR Selected Prices, 2000-2004
Television Associated Press Set of yellow school lockers from the television series
Memorabilia (2004) “Dawson’s Creek” $100
(2004)
Used Automobile USA Today 1970 Pontiac GTO Convertible, sold in auction $27,000
(2004)
Wine San Francisco Case of 1999 Pillar Rock; sold in auction in 2001 $11,500
Chronicle
(2004)
Education
College Tuition Website St. John’s College annual tuition $30,570
(2004)
Private High School Wall Street Journal Hotchkiss School, Lakeville, Connecticut
(2004) annual tuition $24,500
Summer Camp New York Times Camp Caribou, Winslow, Maine; seven-week
(2004) program; per child $7,150
Entertainment
Boxing San Francisco Professional live boxing event, Marco Angel Perez
Chronicle vs. Sergio Macias; Longshoreman’s Hall, San Francisco
(2004) Ringside $75
Main Floor $50
Balcony $25
Concert Ticket Chicago Tribune An evening with Lyle Lovett; Chicago Pavilion $60
(2004)
Concert Ticket Chicago Tribune Dave Brubeck Quartet; Marian McPartland Trio;
(2004) Ramsey Lewis Trio; Chicago Pavilion $40
Concert Ticket Direct Mail Handel’s Messiah, David Tang, conducting Oratorio
Solicitation Singers of Charlotte, First United Methodist Church $20.00
(2003)
Concert Ticket Rolling Stone Madonna at the Forum, Los Angeles, California $58.50 to $354.50
(2004)
Dance Lessons Times-News Dance Lovers USA; Foxtrot, Swing, Waltz, Rumba and
(Hendersonville, Cha-Cha; 12-week course $91.25
NC)
(2004)
Movie Ticket Chicago Tribune Harry Potter and the Prisoner of Azkaban; Davis Theatre $7.50
(2004)
Concert Times-News Flatrock Music Festival with Ralph Stanley and the
Ticket (Hendersonville, Clinch Mountain Boys, Snake Oil Medicine Show and
NC) Ras Alan and The Lions; weekend pass $60
(2004)
Pool Charlotte (NC) Intex easy set pool; 10 feet by 30 feet; includes pool,
Observer filter pump and set-up video $49.99
(2004)
Theater Ticket San Francisco The Buddy Holly Story, the hit rock ‘n roll musical $35
Chronicle
(2004)
Entertainment, Home
Cable Television Martinsville (Va.) Adelphia cable service; up to 140 channels;
Bulletin per month $24.95
(2004)
Camcorder Chicago Tribune Samsung mini-DV digital camcorder, Sears low price 2.5-in.
(2003) color LCD, built-in digital still camera $399.99
Camera Sears Flyer Canon Rebel SLR digital camera; 6.3 mega-pixels $999.99
(2003)
Camera Men’s Fitness Olympus Stylus 410; 4 mega-pixel digital camera can $800
(2004) shoot short videos with sound
541
Selected Prices, 2000-2004 THE VALUE OF A DOLLAR
Disposable Camera Publix Flyer Kodak Max HQ Camera; 27 exposure film $7.99
(2004)
DVD New York Times The Lord of the Rings; DVD $21.85
(2004)
DVD Deck Sears Flyer Sony DVD/VCR dual desk $179.99
(2003)
Electronic Game Charlotte (NC) Game Boy advance SP system; features backlit
System Observer screen $99.99
(2004)
Electronic Game Charlotte (NC) Harry Potter and the Prisoner of Azkaban on
Software Observer Gameboy Advance $29.99
(2004)
Exercise Equipment Chicago Tribune ProForm 545S treadmill $599.99
(2003)
Exercise Equipment Wall Street Journal Precor EFX 5.23 elliptical trainer; keeps track of
(2004) customized exercise routines for two different users $3,999
i Tunes Album USA Today Dark Side of the Moon by Pink Floyd $16.99
(2004)
Music Charlotte (NC) Bob Dylan MTV Unplugged; DVD $10.99
Observer
(2004)
Radio/CD Player Direct Mail Letter Bose Wave Radio/CD $499
(2003)
Television Sears Flyer Toshiba 24-inch TV/DVD/VCR combination $499.99
Combination Set (2003)
Television Sears Flyer Pioneer 50-inch PureVision plasma HDTV monitor $7,999
(2003)
Video Camera Sears Flyer Fisher Digital CameraCorder; combines 3.0 mega-
(2003) pixel digital camera with digital camcorder $899.99
Water Filtration Kohl’s Flyer Pur Ultimate, faucet mount; regular $39.99 $19.99
System (2004)
Food Products
Apples Charlotte (NC) Granny Smith apples
Observer per pound $.99
(2003)
Bananas Charlotte (NC) Chiquita bananas $.39
Observer per pound
(2003)
Beer Publix Flyer Heineken beer, 12-pack $11.49
(2004)
Bottled Water Publix Flyer Deer Park Spring Water; 25-pack, 26.9 oz. bottles $4.99
(2004)
Bread Publix Flyer Publix Bakery sourdough French bread; 16 oz. Loaf $1.99
(2004)
542
THE VALUE OF A DOLLAR Selected Prices, 2000-2004
543
Selected Prices, 2000-2004 THE VALUE OF A DOLLAR
Sour Cream San Francisco Daisy sour cream; 16 oz. cup $1.39
Chronicle
(2004)
Sour Cream Publix Flyer Publix sour cream; 16 oz. cup; comes in regular, fat
(2004) free and light $1.09
Steak Publix Flyer Beef ribeye steak; bone in, per lb. $7.99
(2004)
Steak Bi-Lo Flyer T-bone bonus pack, per lb. $4.99
(2003)
Vegetables The State Zucchini squash; per lb. $.69
Newspaper
Columbia, SC
(2002)
Yogurt The State Storyfield Farm organic yogurt; low fat blueberry 4 for $3
Newspaper
Columbia, SC
(2004)
Furniture
Bed New York Times Campaign bed; queen-sized hand forged iron $999
(2004)
Bookcase San Francisco Akio two-shelf bookcase $119
Chronicle
(2004)
Chair San Francisco La-Z-Boy Pinnacle recliner; leather finesse; two
Chronicle chairs $999
(2004)
Chair Charlotte (NC) Revista magazine chair; retail price $1,067 $640
Observer
(2004)
Chandelier Home Depot Flyer Easy Street 6-light chandelier; champagne marbled
(2004) glass shades $199
Computer Desk Havertys Flyer Oak Canyon computer desk with return; oak solids and
(2004) veneers $999
Queen Bed Havertys Flyer Broyhill’s Generation X; built of hardwood solids and
(2004) walnut veneers; was $499 $399
Recliner Havertys Flyer Lane Home Furnishings Montana mission-style
(2004) high-leg recliner $799
Reclining Sofa Havertys Flyer Lane Home Furnishings Markham collection; sofa
(2004) with burgundy leather; pillow top arms and seating;
was $1199 $1099
Rug J C Penney Catalog Accent rug; 22 x 36 inches; regular $25 $12.50
(2004)
Sofa San Francisco Gatsby Italian leather sofa $899
Chronicle
(2004)
Table & 2 Sidechairs Havertys Flyer Havertys’ British Inn collection; 42 in. round drop-
(2004) leaf table with two side chairs; was $349 $299
Garden Equipment and Supplies
Birdhouses Michaels Arts & Ready to finish wood birdhouses; each $3.99
Crafts Store Flyer
(2003)
Fencing The State Chain-link fencing; 48” x 50’ roll $39.90
Newspaper
Columbia, SC
(2002)
Flowers Jackson & Perkins 10 giant begonias, produce huge 6” - 9” blooms on
2004 Catalog 24” stalks $29.95
544
THE VALUE OF A DOLLAR Selected Prices, 2000-2004
Lawnmower Home Depot Flyer Murray 6.5 hp, 22 inch high wheel mower; Briggs &
(2004) Stratton engine $219
Mulch Martinsville (Va.) Rubberific mulch; 10 bags and one free;
Bulletin covers 250 square feet $273
(2004)
Patio Furniture San Francisco Teak grade A bow bench $375
Chronicle
(2004)
Plants Martinsville (Va.) Geraniums; 6 1/2 inch pot $5.99
Bulletin
(2004)
Plants Martinsville (Va.) Hosta; each $3.59
Bulletin
(2004)
Roses Jackson & Perkins Hybrid tea rose plant, each $17.95
2004 Catalog
Storage Building The State Gable style lap building; 10 x 16 x 10 $1,249
Newspaper
Columbia, SC
(2002)
Torch Charlotte (NC) Copper torch for outdoor living; regular $59 $19.99
Observer
(2004)
Weedwacker Sears Flyer Craftsman 13-inch electric weedwacker line trimmer
(2004) with extra line $29.99
Hotel Rates
Room Rate New York Times Henryetta Inn and Dome near Okemah, Oklahoma,
(2004) birthplace of Woody Guthrie, per night $81
Room Rate Chicago Tribune Cincinnati Hotel; weekend getaway package at
(2004) four-star luxury hotel in Ohio; one night,
luxury queen $175
Room Rate New York Times Delta Bow Valley Hotel, Calgary, Alberta, Canada;
(2004) per night $137
Household Products
Bathroom Tissue The State Charmin bath tissue, 24 double rolls $9.99
Newspaper
Columbia, SC
(2002)
Batteries Charlotte (NC) Duracell 8-pack “AA” batteries $3.99
Observer
(2003)
Beach Towel Belk Flyer Home Accents beach towels; 34 x 64 inches,
(2004) regular $20 $10
Brushes A. C. Moore Flyer Surprize Ink game books; regular $4.99 $3.99
(2002)
Charcoal Publix Flyer Kingsford Original charcoal briquets; 20 lb. bag $5.99
(2004)
Charcoal Bi-Lo Flyer Southern Home instant light charcoal; 8 lb. bag $3.29
(2003)
Crystal Figurines Belk Flyer Godinger crystal animal figurines; regular $40 $19.99
(2004)
Cutlery Set Kohl’s Flyer Basic Essentials 22-piece cutlery and tool set; regular
(2004) $19.99, sale $9.99
Dish Detergent Publix Flyer Dawn Dish Liquid; assorted varieties; 20.2 to 25-oz. $2.19
(2004)
Drill New York Times Stanley model H131 drill $19.95
(2004)
545
Selected Prices, 2000-2004 THE VALUE OF A DOLLAR
546
THE VALUE OF A DOLLAR Selected Prices, 2000-2004
Steak Menu Morton’s Steak House, San Francisco, prime rib $48
(2003)
Medical Products and Services
Eye Surgery Charlotte (NC) Lasik New Wave Front Zyoptix Technology;
Observer per eye, starting at $299.00
(2004)
Fertilization New York Times In vitro fertilization with donor eggs $35,000
(2003)
Eye Examination Martinsville (Va.) Professional eye exam $43
Bulletin
(2004)
Pain Reliever CVS Pharmacy Aleve; 100 count $5.99
Flyer
(2004)
Pain Reliever Bi-Lo Flyer Advil; 50 count $3.99
(2003)
Pain Reliever CVS Pharmacy Afrin No Drip Nasal Spray; per bottle $4.99
Flyer
(2004)
Plastic Surgery New York Times Female breast reduction, 2003 average $5,351
(2004)
Plastic Surgery New York Times Liposuction, 2003 average $2,578
(2004)
Skin Care CVS Pharmacy Scarguard; Improves the appearance of old and
Flyer new scars $29.99
(2004)
Vitamins CVS Pharmacy One A Day Vitamins; 100 count $5.99
Flyer
(2004)
547
Selected Prices, 2000-2004 THE VALUE OF A DOLLAR
Automobile Asheville (NC) Isuzu 2004 Ascender; 4 wheel drive; seven passenger $26,990
Citizen–Times
(2004)
Automobile The State Isuzu Rodeo 2004 Model $16,995
Newspaper
Columbia, SC
(2004)
Automobile Men’s Fitness Nissan 350Z Roadster $33,850
(2004)
Automobile The State Toyota Prius hybrid automobile; designed to get
Newspaper 50 to 66 miles per gallon $20,810
Columbia, SC
(2004)
Gasoline Times-News Price of one gallon of regular gasoline $1.78
(Hendersonville, NC)
(2004)
Navigation USA Today Delphi; portable in-car GPS navigation system $999.99
(2003)
Parking Cost Times-News Cost to park in a metered space in downtown
(Hendersonville, NC) Hendersonville, N.C. $.25/hr.
(2004)
Radio The Roanoke (Va.) Sirius Satellite Radio equipment and service $100
Times unit $30
(2004) Installation in car $30
per month $12.95
Tires Charlotte (NC) Tires and wheels; four 225/60R 16; 16x7 MBM 747 $449
Observer
(2004)
Used Automobile San Francisco 1997 Chevrolet Suburban; fully loaded 4x4 $15,500
Chronicle
(2004)
Used Automobile San Francisco 2000 Jeep Wrangler, 70,000 miles; air conditioning;
Chronicle tow package $12,500
(2004)
Used Motorcycle San Francisco 1997 Harley Davidson Custom Softtail; 12,000 miles $17,500
Chronicle
(2004)
Other
Carpet Cleaning Direct Mail Stanley Steemer Carpet Cleaner; 6 areas cleaned and
(2003) protected $224
Dog Food The State One Earth natural adult dry dog food; 17.6 lbs. $18.99
Newspaper
Columbia, SC
(2004)
Figurines Parisian Gift Guide A Breed Apart; dog and cat figurines, each $34
(2003)
Kitchen Counters San Francisco Granite kitchen counters; custom made in choice of
Chronicle 100 colors; as low as $1,849
(2004)
Puppies San Francisco Chihuahua pups; 11 weeks; first shots
Chronicle Each $350
(2004)
Puppies San Francisco English Bulldog puppies; male or female
Chronicle Each $1,200
(2004)
Trophies The State Newspaper Value of Vince Lombardi Trophy, given to the winner
Columbia, SC of the football Super Bowl game $2000
(2004)
548
THE VALUE OF A DOLLAR Selected Prices, 2000-2004
549
Selected Prices, 2000-2004 THE VALUE OF A DOLLAR
550
THE VALUE OF A DOLLAR Selected Prices, 2000-2004
Tent Rock & Ice TNF Perigrine two-person tent; two door; ample
(2001) ventilation; seven lbs. $239
Tennis Racquet San Francisco Prince tennis racquets; on sale $79.99
Chronicle
(2004)
Travel Chair Campmor Catalog Travel Chair Company deluxe hi-back chair; armrests
(2004) with drink holder; matching storage/carrying bag with
shoulder strap and drawstring closure; regular $39.99 $29.97
Treadmill Sears Flyer Proform 350S treadmill with hand weights; 2 hp;
(2004) 16” x 45” treadbelt; was $499.99 $399.88
Tobacco Products
Cigarettes Charlotte (NC) Marlboro Cigarettes; flip top box
Observer Carton $21.99
(2003)
Toys
Car Parisian Gift Guide Tyco’s canned heat cars; runs on batteries $24.95
(2003)
Chalk A. C. Moore Flyer Crayola 20 piece box of sidewalk chalk $.99
(2002)
Game New York Times Radica 20Q names the object you are thinking about $9.99
(2004)
Kit Parisian Gift Guide Supermag Genius 50-piece construction kit $21.95
(2003)
Scooter Seventeen Razor Scooter; runs up to 40 minutes at speeds
(2000) up to 10 mph $79.97
Slide Charlotte (NC) Wham-O Heat Wave Slip ‘N Slide; 22 feet long with
Observer Drench-O-Matic overhead hydrant system; as seen on
(2004) TV $19.99
Wiffle Ball Men’s Fitness Wiffle ball and bat $3.69
(2004)
Travel and Transportation
Airline Fare Wall Street Journal New York to Miami; U. S. Airways
(2004) Business Class $667
Leisure Class $257
Airline Fare The State Roundtrip ticket on Independence Air from
Newspaper Columbia, SC to Newark, NJ $178.30
Columbia, SC
(2004)
Airline Fare New York Times Continental; New York City to Tulsa, Oklahoma $450
(2004)
Cruise San Francisco Norwegian Spirit Cruise to Alaska; six nights $658
Chronicle
(2004)
Getaway San Francisco Costa Rica Eight-Day Package; Villa Sol Hotel;
Chronicle includes airfare, hotel and transfers from San Francisco $749
(2004)
Mountain Climb San Francisco Mount Kilimanjaro in Tanzania; 15-day tour of Mount
Chronicle Kilimanjaro, visits to wildlife sanctuaries and game drive
(2004) Per person, land-only $2,799
Tour San Francisco Four-day trip to Santa Fe, New Mexico sponsored by
Chronicle Oakland Museum of California; includes private
(2004) tours; per person, double occupancy and meals $1,725
551
Miscellany, 2000-2004 THE VALUE OF A DOLLAR
MISCELLANY 2000-2004
552
THE VALUE OF A DOLLAR Miscellany, 2000-2004
MISCELLANY 2000-2004
553
Miscellany, 2000-2004 THE VALUE OF A DOLLAR
MISCELLANY 2000-2004
554
THE VALUE OF A DOLLAR Historical Snapshot, 2005-2009
HISTORICAL SNAPSHOT
2005-2009
2005 2006 2007
The search for weapons of mass The world’s population was calcu- Nancy Pelosi became the first
destruction in Iraq was officially lated at 6.5 billion; the population female speaker of the United
ended of the United States topped 300 States House of Representatives
The Kyoto Protocol went into million Apple Inc. introduced the highly
effect, without the support of the The U.S. Supreme Court ruled that anticipated iPhone at the 2007
United States and Australia President George W. Bush had Macworld Conference & Expo
Pope John Paul II died; Cardinal overstepped his authority by President George W. Bush unveiled
Joseph Ratzinger was elected pope ordering military war-crime trials a war plan known as “the surge” to
and took the name Benedict XVI for Guantanamo Bay detainees station 21,500 additional troops in
Tens of thousands of demonstra- After 34 days of fighting, a truce Iraq
tors, many of them supporters of between Israel and Hezbollah was China successfully tested a
Shi’a cleric Moqtada al-Sadr, declared ground-based ballistic missile
marched through Baghdad to President George W. Bush signed capable of destroying satellites in
denounce the U.S. occupation of the Secure Fence Act, which called orbit, drawing criticisms from
Iraq for the building of 700 miles of other countries
Hurricanes Katrina and Rita struck fence along the U.S. Mexican The International Red Cross and
the Louisiana, Mississippi and border Red Crescent Movement adopted
Alabama coasts causing wide- The United Nations reported that the Red Crystal as a non-religious
spread destruction and political Norway, Iceland, Australia, Ireland emblem for use in its overseas
turmoil and Sweden were the best five operations
North Korea agreed to stop build- countries to live in; the United A 2100-year-old melon was discov-
ing nuclear weapons in exchange States was ranked eighth place, ered by archaeologists in western
for aid after Canada and Japan Japan
U.S. Secretary of State Condoleezza Scientists at Rice University dis- NASA’s Messenger spacecraft made
Rice promoted a strategy for victo- covered a way to reduce arsenic its second fly-by of Venus en route
ry in Iraq that she described as contamination of groundwater to Mercury
“clear, hold and build” During the 78th Academy Awards The final book of the Harry Potter
Iran’s president, Mahmoud ceremony, Crash won Best Picture, series, Harry Potter and the Deathly
Ahmadinejad, called for Israel to Ang Lee (Brokeback Mountain) Hallows, sold over 11 million
be “wiped off the map” and con- captured Best Director, while copies in the first 24 hours,
demned the peace process Reese Witherspoon (Walk the Line) becoming the fastest selling book
Sizzling housing sales lured specu- was named Best Actress, and in history
lators to buy houses with the idea Philip Seymour Hoffman (Capote) Track and field star Marion Jones
of selling them fast for the sake of the Best Actor surrendered the five Olympic
profit The New York Times reported that medals she had won in the 2000
The average retail gas price was in Baghdad, Iraq “at least 10 neigh- Sydney Games after admitting to
$1.78 a gallon nationwide borhoods that a year ago were using banned performance
mixed Sunni and Shiite are now enhancing drugs
Cancer passed heart disease as
almost entirely Shiite” Reformation Sunday was observed
the top killer of Americans
A revolutionary scramjet engine by Lutherans and other
The New England Patriots won
designed to fly at 7 times sonic Protestants around the world, to
their third Super Bowl in four
speed was successfully tested in commemorate the 490th anniver-
years
Australia sary of the Ninety-Five Theses,
The New York medical examiner Deposed Iraqi leader Saddam which began the Protestant
stopped trying to identify victims
Hussein was hanged Reformation
of the 2001 terror attack on the
World Trade Center, leaving more Protests against the US immigra- Vladimir Putin, President of
than 1,000 victims unidentified. tion reform bill attracted 500,000 Russia, was named Time maga-
people in Los Angeles, California, zine’s 2007 Person of the Year
Former FBI official Mark Felt
50,000 in Denver, Colorado, and A group of activist Lakota Indians
acknowledged he was “Deep
20,000 in Phoenix, Arizona attempted to secede from the
Throat,” the secret source who
helped Washington Post reporters Union as the Republic of Lakotah
uncover Watergate
555
Historical Snapshot, 2005-2009 THE VALUE OF A DOLLAR
2008 After five years of searching, the The price of crude oil began the
USDA approved production and Caribbean Monk Seal is declared year at $46 per barrel, down dra-
sale of foods from cloned officially extinct matically from $100 per barrel a
animals The first global study of coral year earlier
The Earth Liberation Front set reefs found that one-third of coral- Base stealer Ricky Henderson and
fires to five model luxury homes in building species face extinction hitter Jim Rice were named to the
Woodinville, Washington in an act Democrat Barack Obama was Baseball Hall of Fame
of eco-terrorism elected President of the United The congressionally chartered
Discovery of Rings of Saturnian States, the first African-American National Safety Council advocated
moon Rhea, the first known rings to hold that position a ban on cell phone use while
around a moon, was announced driving
The U.S. Senate passed legislation 2009 Electric cars, designed to run on
providing for more rigorous Fierce fighting erupted in the Gaza batteries, dominated 2009 auto
inspection of toys and other play- Strip between Israeli military show in Detroit
things imported into the U.S. forces on Hamas militants Marvel comic’s Secret Invasion #1
The U.S. House of Representatives Slumdog Millionaire captured four was named the best-selling comic
failed to override President Bush’s awards at the Golden Globes cere- of 2008
veto of a bill outlawing water- mony including best drama Barack Obama was inaugurated as
boarding and other aggressive Manufacturing activity sank to its the 44th President of the United
interrogation techniques lowest point in 28 years during the States
The price of gold reached $1000 previous year
per troy ounce for the first time
NASA said it would concentrate
more on the outer Solar System
and less on Mars exploration in
the future, due to budget cuts
Ford Motor Company sold its
British luxury-car brands Jaguar
and Land Rover to India’s Tata
Motors for $2.3 billion
The oldest known recording of a
human voice, created with a pho-
nautograph by Édouard-Léon Scott
de Martinville on April 9, 1860 was
replayed by American researchers
Cities around the world partici-
pated in Earth Hour, in which
households and businesses turned
off lights and non-essential electri-
cal appliances between 8-9pm
The U.S. Department of State
renewed the contract of
Blackwater Worldwide to provide
security in Iraq despite ongoing
investigation
The United States Supreme Court
upheld the constitutionality of
lethal injection as a form of capital
punishment over Eighth
Amendment “cruel and unusual
punishment” challenges
Mars, Inc. bought the Wm. Wrigley
Jr. Co., the world’s largest chewing
gum manufacturer, in a deal worth
$23 billion
556
THE VALUE OF A DOLLAR Selected Income, 2005-2009
557
Selected Income, 2005-2009 THE VALUE OF A DOLLAR
ESL Instructor Boston Globe ESL instructors for area schools BA/BS in Eduction; MA
(2007) certified teacher preferred; sensitivity to adult learners $20.00/hr
Executive Recruiter Atlanta Banking industry recruiter $100,000 ⫹
Constitution (2006) Commission
Human Resources Boston Globe Manage Human Resources Department and
Director (2007) employee relations; develop personnel policies; $68,503.50 to
manage position classifications; oversee training $89,232.00
Highway Patrol www.indeed.com Enforce laws; patrols state highways; investigates
Officer (2008) collisions; serves as a witness in criminal and civil
courts; provides information to public regarding $29,881.00 –
vehicle laws; responsible for public funds $46,033.00
“Inauguration” Event Washington Post Special event chauffeurs for Presidential
Chauffeur (2009) Inauguration $1,000
Jr. Software Atlanta E-Comm/ Web Development Skills using MySQL;
Engineer Constitution (2006) Program Analyst in PHP $39,000 to $41,000
Laborer/Machine Boston Globe 2nd Shift; F/T; Lift up to 60lbs $11.00/hr ⫹ Daily
Operator (2007) and Weekly
bonuses
Legal Assistant Washington Post Works in all aspects of real estate transactions;
(2005) including UCC searches; analysis of property $80,000 ⫹ based
titles, surveys, closing and reviewing leases on experience
Marketing Manager Monster.com Brand representative on a global cross functional
(2009) team, working with Marketing Director, Artwork &
Packaging, Regulatory, Legal, Customer Care and
Sales and Finance providing business analysis and
development of marketing plan. $100–$130K
Mascot Village Voice Interacts with tourists and promotes attraction;
(2005) must be 6’0 to 6’3 to operate costume $17.00/hr
Mechanical Boston Globe Plan, design mechanical systems, repair products
Engineer (2007) and systems, design and review specifications
and manuals to determine feasibility of design $30,000
Nurse Washington Post Conduct health screenings and pre-employment
(Occupational) (2005) physicals; counsel associates with health problems;
provide nursing treatments; dispense medication;
maintain medical records; order medical supplies $45,000 – $50,000
Payroll Atlanta Constitution Part Time (20 hrs), ADP experience $12.00–$13.00/ hr
(Accountant) (2006)
Plumber www.salary.com Median salary for plumber in South Carolina $55,022.00
(2008)
Physician - www.salary.com Median salary of anesthesiologist $253,133.00 –
Anesthesiology (2008) $364,764.00
Probation Officer www.indeed.com Needs BA with 15 semester hours in social or
(2008) behavioral science; must have passed Department’s $26,522.00 –
reading comprehension exam. $34,084.00
Promotions Boston Globe Manage promotions at various retailers, public $600.00 –
Representative (2007) events, and sporting events $1,200 weekly
Public Relations www.careerbuilder. For library: assists in conducting media relations;
Specialist com (2008) identifies newsworthy stories; writes and distributes
news releases; maintains media relationships. $33,754.50
Retail Automotive Career Builder Knowledge of the automotive industry, including
Store Manager (2009) experience with diagnostics, general repairs and
maintenance. ASE certifications helpful. $60K–80K
Singer/Personality Atlanta Constitution Amount paid to singer/personality Jessica Simpson
(2005) in 2005 $4,000,000
Social Worker Washington Post BSW or MSW and licensed in DC; Assesses elderly
(2005) for needed service; performs group and individual
counseling; case management & outreach $35,000
558
THE VALUE OF A DOLLAR Selected Income, 2005-2009
559
Consumer Expenditures, 2005-2009 THE VALUE OF A DOLLAR
Notes: Totals may not add up to component items due to rounding errors; (1) Components of income and taxes are derived
from complete income reporters only through 2003. Beginning in 2004 income imputation was implemented. As a result
Source: U.S. Department of Labor, Bureau of Labor Statistics, Consumer Expenditure Surveys, 2000 - 2006 (Table 4. Size of
Consumer Unit: Average Annual Expenditures and Characteristics)
560
THE VALUE OF A DOLLAR Investments, 2005-2009
INVESTMENTS 2005-2009
2005 2006 2007 2008
(1) Moody’s AAA rates through December 6, 2001, are averages of AAA utility and AAA industrial bond rates. As of
December 7, 2001, these rates are averages of AAA industrial bonds only.
(2) Interest rates interpolated from data on certain commercial paper trades settled by The Depository Trust Company.
The trades represent sales of commercial paper by dealers or direct issuers to investors (that is, the offer side).
(3) The daily effective federal funds rate is a weighted average of rates on brokered trades. Annualized using a 360-day
year or bank interest.
(4) Average majority prime rate charged by banks on short-term loans to business, quoted on an investment basis. Rate
posted by a majority of top 25 (by assets in domestic offices) insured U.S.-chartered commercial banks. Prime is one of
several base rates used by banks to price short-term business loans.
(5) Average rate on 6-month neogtiable certificates of deposit (secondary market), quoted on an investment basis.
(6) Market yield on U.S. Treasury securities at 10-year constant maturity, quoted on investment basis.
(7) Contract interest rates on commitments for 30-year fixed-rate first mortgages.
(8) Based on research by Aswath Damodaran from the Stern School of Business.
Source: The Federal Reserve (H.15 Selected Interest Rates - http://www.federalreserve.gov/releases/h15/data.htm) except
where otherwise noted.
561
Investments, 2005-2009 THE VALUE OF A DOLLAR
Pfizer (acquired Warner-Lambert Feb. 2000) 26.45 23.78 26.29 22.91 18.27
Dividend 0.76 0.96 1.16 1.28 n/a
2:1 Stock Split, Jul. 1, 1999
Procter & Gamble Co. (PG) 55.19 58.78 64.54 72.31 62.80
Dividend 1.09 1.21 1.36 1.55 n/a
2:1 Stock Split, June 21, 2004
Reynolds American Inc. (RAI) (previously R.J.
Reynolds Tobacco) 78.50 96.50 65.35 65.60 40.39
Dividend 4.20 4.00 3.20 n/a n/a
2:1 Stock Split, Aug. 15, 2006
United States Steel Corp. (X) 49.29 49.44 71.31 113.64 39.51
Dividend 0.38 0.60 0.80 n/a n/a
Wal-Mart (WMT) 53.35 46.23 47.55 46.90 57.18
Dividend 0.60 0.67 0.88 n/a n/a
2:1 Stock Split, Apr. 20, 1999
Yahoo (YHOO) 38.18 40.91 25.61 23.72 12.85
No Dividend
2:1 Stock Split, Feb. 8, 1999; 2:1 Stock Split, Feb. 14, 2000;
2:1 Stock Split, May 12, 2004
562
THE VALUE OF A DOLLAR Standard Jobs, 2005-2009
Total, all industries $35,323 Total, all industries $40,677 $42,535 $44,458
Total, all industries, private $35,337 Total, all industries, private $40,505 $42,414 $44,362
Federal government $46,228 Federal government $59,864 $62,274 $64,871
State government $36,296 State government $42,249 $43,875 $45,903
Local government $32,387 Local government $37,718 $39,179 $40,790
Bituminous coal underground mining $53,224 Bituminous coal underground mining $62,699 $65,205 $68,155
Construction $36,622 Construction $42,100 $44,496 $46,784
Private households (domestics) $13,236 Private households (domestics) $15,715 $16,320 $16,999
Crop production $18,779 Crop production $21,761 $22,796 $23,830
Finance, insurance and real estate $56,029 Finance and insurance $73,385 $78,566 $84,952
Wholesale trade $46,740 Wholesale trade $55,262 $58,046 $60,719
Retail trade $18,430 Retail trade $24,930 $25,567 $26,124
Electric, gas, and sanitary services $61,478 Utilities $75,208 $78,341 $82,275
Elementary and secondary schools $31,594 Elementary and secondary schools $36,166 $37,664 $39,173
Manufacturing $44,776 Manufacturing $49,287 $51,427 $53,489
Postal service $41,933 Postal service $48,640 $52,208 $52,609
Communication $57,929 Telecommunications $64,866 $67,385 $70,490
Radio and television broadcasting $51,324 Radio and television broadcasting $57,794 $60,553 $62,791
Motion pictures $34,549 Motion picture and video industries $51,403 $52,912 $54,267
Health services $34,945 Ambulatory health care services $47,700 $49,160 $50,675
Membership associations and organizations $23,007 Membership associations and $29,246 $30,544 $32,086
Rail transportation $38,682 organizations
Local and interurban passenger transit $42,601 Rail transportation $35,777 $43,788 $42,692
Transit and ground passenger $46,139 $47,403 $49,279
Note: The QCEW survey switched from SIC to NAICS codes in 2001. Data may not be directly comparable. Items in bold changed dramatically
between 2000 and 2001.
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW), 2000-2007
563
Food Basket, 2005-2009 THE VALUE OF A DOLLAR
Bananas, per lb. 2005 $0.51 $0.49 $0.69 $0.49 $0.62 $0.69
2006 $0.51 $0.48 $0.66 $0.49 $0.67 $0.74
2007 $0.51 $0.47 $0.54 $0.51 $0.59 $0.77
Bread, white, per loaf 2005 $1.10 $1.17 $1.39 $1.20 $1.56 $1.53
2006 $1.15 $1.16 $1.46 $1.20 $1.80 $1.84
2007 $1.24 $1.24 $1.34 $1.28 $1.71 $2.64
Cereal, Corn Flakes, 18 oz. 2005 $2.89 $2.84 $3.36 $2.94 $3.51 $4.25
2006 $2.94 $2.95 $3.15 $2.87 $3.98 $4.46
2007 $3.17 $3.32 $3.39 $3.37 $3.44 $5.33
Cheese, grated Parmesan, 8 oz. 2005 $3.44 $3.22 $4.17 $4.12 $4.35 $4.88
2006 $3.38 $3.03 $4.13 $4.03 $4.21 $4.99
2007 $3.44 $2.94 $3.77 $4.19 $4.04 $5.62
Chicken, whole uncut, price per lb. 2005 $1.09 $0.81 $1.30 $1.25 $1.54 $1.39
2006 $1.06 $0.88 $1.42 $1.14 $1.43 $1.63
2007 $1.12 $1.17 $1.23 $1.06 $1.32 $2.07
Coca-Cola, 2 liter 2005 $1.25 $1.14 $1.14 $1.12 $1.41 $1.56
2006 $1.29 $1.31 $1.17 $1.18 $1.66 $1.59
2007 $1.36 $1.36 $1.17 $1.18 $1.42 $1.91
Coffee, vacuum-packed, 11.5 oz. 2005 $2.99 $2.95 $3.40 $4.00 $3.88 $3.87
2006 $3.15 $3.26 $3.57 $4.09 $4.05 $4.33
2007 $3.31 $3.44 $4.14 $4.08 $3.92 $5.46
Corn, whole kernel frozen, 16 oz. 2005 $1.20 $0.89 $1.43 $1.38 $1.63 $2.10
2006 $1.23 $0.92 $1.46 $1.47 $1.91 $2.21
2007 $1.27 $0.92 $1.26 $1.91 $1.80 $2.46
Eggs, 1 dozen, grade A or AA, large 2005 $1.08 $1.04 $1.81 $0.88 $2.09 $1.89
2006 $1.09 $0.97 $1.64 $0.96 $2.13 $1.86
2007 $1.52 $1.30 $1.56 $1.31 $2.10 $2.62
Ground Beef, price per lb. 2005 $2.44 $2.08 $3.23 $2.32 $2.75 $3.10
2006 $2.52 $2.39 $2.91 $2.56 $2.95 $3.66
2007 $2.58 $2.82 $3.05 $2.44 $2.41 $4.29
Lettuce, Iceberg, head (approx. 1-1/4 lb.) 2005 $1.22 $1.25 $1.37 $1.05 $1.20 $1.82
2006 $1.20 $1.23 $1.35 $1.08 $1.30 $2.03
2007 $1.29 $1.36 $1.46 $1.06 $1.58 $2.36
Margarine, 1 lb., stick form 2005 $0.88 $0.62 $0.99 $1.14 $1.09 $1.86
2006 $0.86 $0.61 $0.99 $1.00 $1.09 $1.81
2007 $0.85 $0.79 $1.12 $0.88 $1.05 $2.10
Milk, whole, 1/2 gallon 2005 $1.99 $1.83 $2.34 $2.41 $2.48 $2.17
2006 $1.97 $1.98 $2.34 $2.19 $2.35 $2.16
2007 $2.13 $2.14 $2.05 $2.20 $2.40 $2.47
Orange Juice, fresh, 64 oz. 2005 $2.73 $2.67 $2.62 $2.71 $3.92 $3.44
2006 $2.79 $2.85 $2.78 $2.71 $3.73 $3.40
2007 $3.26 $3.43 $3.46 $3.14 $3.32 $4.08
Peaches, halves or slices, 29 oz. can 2005 $1.74 $1.65 $2.00 $2.46 $2.25 $2.03
2006 $1.78 $1.71 $2.05 $2.38 $2.36 $2.13
2007 $1.92 $1.87 $1.92 $2.62 $2.40 $2.49
Peas, sweet, 15 oz. can 2005 $0.84 $0.83 $1.07 $1.16 $1.09 $1.14
2006 $0.85 $0.93 $0.88 $1.05 $1.05 $1.22
2007 $0.87 $0.94 $0.95 $0.92 $1.00 $1.45
Potatoes, 10 lb. sack, white or red 2005 $3.18 $3.94 $4.16 $3.01 $2.82 $4.66
2006 $3.65 $4.44 $4.37 $3.32 $3.33 $4.63
2007 $3.89 $4.96 $4.12 $3.90 $4.49 $6.10
564
THE VALUE OF A DOLLAR Food Basket, 2005-2009
Sausage, pork, 1 lb. 2005 $3.55 $3.23 $4.00 $5.09 $5.14 $4.04
2006 $3.29 $3.02 $3.22 $3.74 $4.57 $4.40
2007 $3.16 $3.27 $3.45 $3.76 $3.01 $4.88
Shortening, all-vegetable, 3 lb. can 2005 $3.48 $3.51 $4.34 $3.43 $4.04 $4.41
2006 $3.52 $3.77 $4.45 $3.62 $4.31 $4.14
2007 $3.83 $4.07 $4.54 $4.47 $4.76 $4.43
Steak, T-bone, per lb. 2005 $8.60 $8.16 $8.02 $9.71 $8.82 $11.52
2006 $8.49 $8.51 $8.07 $9.40 $8.22 $12.60
2007 $8.93 $9.37 $10.37 $9.05 $7.98 $11.97
Sugar, white, 4-5 lb. 2005 $1.60 $1.44 $1.93 $1.97 $2.13 $2.25
2006 $1.72 $1.70 $1.71 $2.23 $2.38 $2.39
2007 $1.92 $2.01 $2.02 $2.22 $2.12 $2.87
Tuna, chunk light, 6.0 oz. can 2005 $0.72 $0.56 $1.00 $0.76 $0.87 $1.09
2006 $0.74 $0.66 $0.97 $0.82 $0.92 $1.06
2007 $0.76 $0.70 $0.80 $0.71 $1.07 $1.57
Notes: data for New York covers Manhattan only; data for 2000 covers Q4 only; data for 2001-2007 are 4-quarter averages; NR
not reported
Source: Council for Community and Economic Research (formerly ACCRA), Cost of Living Index, 2000-2007
565
Selected Prices, 2005-2009 THE VALUE OF A DOLLAR
Alcohol
Wine Boston Globe Blackstone; Merlot, Pino Noir or Chardonnay $7.99
(2005)
Wine Boston Globe Clois du Bois; Merlot $11.99
(2005)
Wine Boston Globe Duboeuf Beaujolais-Villages; Nouveau 2005 $6.99
(2005)
Wine Boston Globe Taylor Fladgate; Port; 2003 $83.99
(2005)
Beer Boston Globe Bud & Bud Light; 30 pk $19.99
(2005)
Beer Boston Globe Corona; 12 oz. Bottles; Loose Case $20.99
(2005)
Beer Boston Globe Bass Ale; 12 pk Bottles $11.99
(2005)
Champagne Wine.com Dom Perignon 2000 $159.99
(2009)
Liquor Boston Globe Jim Beam; 80; 1.75 ltr. $19.99
(2005)
Liquor Boston Globe Tequila; Jose Cuervo Gold; 80; 1.75 ltr. $31.99
(2005)
Liquor Boston Globe Bushmills; 80; 1.75 ltr. $34.99
(2005)
Liquor Boston Globe Gran Marnier; 80; 750 ltr. $26.99
(2005)
Apparel Children’s
Jeans Target Flyer Boys Cherokee Jeans; in several washes and fits;
(2007) regular, slim and husky sizes $9.99
T-shirt Target Flyer Boys or girls attitude or licensed -character styles 2 for $12.00
(2007)
Pants Target Flyer Boys; Cargo pants $9.99
(2007)
Pants Target Flyer Girls; 4-16 Straight legged pants; 100% Cotton $9.99
(2007)
Sleepwear gap.com Girls 100% cotton pajama set $19.99
(2009)
566
THE VALUE OF A DOLLAR Selected Prices, 2005-2009
Apparel, Men’s
Shoes Charlotte Cotulla boots Sale $89.99
Observer (2005)
Shoes Charlotte Cole Haan loafers Sale $89.99 and up
Observer (2005)
Suit Charlotte 100% wool suits
Observer (2005)
Coat Charlotte Leather coat Sale $69.99 and up
Observer (2005)
Coat Charlotte Sport coat Sale $29.99 and up
Observer (2005)
Tuxedos Atlanta Journal Groom’s free rental & preview Starts at $49.00
Constitution (2006)
Jeans Sears Flyer (2007) Lee; regular or relaxed fit $19.99
Jeans Sears Flyer (2007) Lee; boot cut jeans $24.99
Shirt Sears Flyer (2007) Canyon River Blues; Young Men’s $9.99
Shirt Sears Flyer (2007) Young men’s novelty and screen printed tees $9.99
Sweatshirt L.L. Bean Rugged, Heavyweight, Zip Front Sweatshirt $49.50
Catalog (2008)
Shirt L.L. Bean Chamois cloth shirt $34.50
Catalog (2008)
Shirt L.L. Bean Scotch plaid flannel shirt $29.50
Catalog (2008)
Shirt L.L. Bean Wrinkle resistant chino shirts $29.50
Catalog (2008)
Apparel, Women’s
Shoes Atlanta Journal Ladies’s Cole Haan shoes; Air Vail mule in
Constitution (2005) bamboo, red or black leather; Originally $165.00 $99.99
Shoes Atlanta Journal Ladies’s Cole Haan shoes; Air Marquesa clog in
Constitution (2005) salt or black Nubuck; Originally $135.00 $99.99
Handbag Atlanta Journal Satchels, hobos, top-zips, totes and more, in leather,
Constitution (2006) PVC or fabric; Originally $50.00–$220.00 $12.50–$110.00
Shirt Sears Flyer (2007) Misses Apostrophe lace layered top $19.99
Shirt Sears Flyer (2007) Misses novelty knit top $19.99
Sweater Sears Flyer (2007) Misses Apostrophe layered sweater $24.99
Dress American Baby Maternal America tie dress $128.00
Magazine -2008
Top American Baby Bump Couture Marilyn top $66.00
Magazine -2008
Skirt American Baby Maternal America Flutter skirt $88.00
Magazine -2008
Coat Talbots Catalog Timeless trench coat in Polished cotton/
(2008) polyester/spandex sateen; fully Lined $188.00
Dress Talbots Catalog Red dress and jacket; double weave wool/
(2008) spandex $198.00
Appliances
Television Sears Flyer (2007) Samsung 26 inch; LCD; HDTV $949.99
Television Sears Flyer (2007) Sylvania 26 inch; LCD TV; 2 HDMI inputs; 1 PC input $479.99
Stereo Sears Flyer (2007) Emerson portable sound system with IPod docking
station; AM/FM stereo radio; backlit digital frequency
display; digital clock with timer $39.99
567
Selected Prices, 2005-2009 THE VALUE OF A DOLLAR
Television Sears Flyer (2007) Samsung 52 inch; 1080p LCD HDTV; PC Input; 3 HDMI;
2 Componets; 2 S-Video $3,999.99
Washing Machine Sears Flyer (2007) Large, quiet; 5 temperatures; 5 cycles $799.99
Washing Machine bestbuy.com 4.7 cu. ft. 14-cycle, large capacity washer,
(2009) front-loading $1,699.99
Dryer Sears Flyer (2007) Large, 6 temperatures; 5 cycles $699.99
Stove Sears Flyer (2007) Kenmore gas range; 4.1 cubic foot capacity;
4 9,000 BTU burners $329.99
Dishwasher Sears Flyer (2007) Whirlpool 5 level wash; quiet with tail tub design $399.99
Refrigerator Sears Flyer (2007) Kenmore 24.8 cubic foot with gallon door storage,
advanced temperature control system and pull out
freezer drawer $1,488.00
Mixer Macy’s Flyer (2008) KitchenAid Artisan 5 qt stand mixer; tilt head design $299.99
Beer Dispenser Macy’s Flyer (2008) For perfectly chilled draft beer at home;
keeps beer fresh for up to 30 days after tapping $279.99
Microwave bestbuy.com 1200W, 11power levels, 7-digit 2-color lighted
(2009) display, 9 sensor cook options, Keep Warm feature,
16" glass turntable, child lock function $349.99
Baby Products
Diapers Walmart Flyer Pampers jumbo pack $7.87
(2007)
Cups Target Flyer (2007) 2-pk; 9 oz spill proof cups 2 for $8.00
Books Scholastic Flyer 8 Disney storybooks and free backseat organizer $1.99 plus
(2008) shipping and
handling
Announcement Vista Print Flyer Birth announcements, folded, 10 $4.99
Cards (2008)
Movies Disney Movie 4 Disney movies $1.99
Club Flyer -2008
Baby Portraits Target Flyer (2008) Portrait package: 1 8x10; 2 5x7s; 4 3.5x5s;
16 Wallets $8.99
Toy American Baby Zoobie Pet; 3 in one plush animal head stuffed with
Magazine -2008 blanket; works as pillow $34.00
Toy American Baby Grip & Grasp with two silly toys and holds a drink $20.00
Magazine -2008
Toy American Baby Big Baby Keys that squeak and rattle $9.00
Magazine -2008
Body Suit American Baby Organic cotton; bright colored suits $24.00
Magazine -2008
Diaper Bag American Baby From recycled plastic bottles stuffed with
Magazine -2008 Seventh Generation products $200.00
Baby Carrier American Baby Organic cotton carrier $100.00
Magazine -2008
Stroller American Baby Vista stroller $650.00
Magazine -2008
Sleep Sacks American Baby Organic cotton sleep sacks $45.00
Magazine -2008
Toy American Baby Classic wooden toy blocks made from sustainable
Magazine -2008 hardwood $56.00
Crib potterybarn.com Wooden sleigh crib, adjustable mattress platform,
(2009) available in different finishes $999.00
Business Equipment and Supplies
1GB USB 2.0 Atlanta Journal With $15 mail-in rebate; limit one per customer $39.99
Flash Drive Constitution (2006)
ATI Radeon 9200 Atlanta Journal 128Mb DDR Memory; VGA & TV output; $69.99
AGP Video Card Constitution (2006) OpenGL Compliant
568
THE VALUE OF A DOLLAR Selected Prices, 2005-2009
Collectibles
Braves Winter Atlanta Journal Autograph sessions with players and coaches;
Fan Fest Constitution (2006) $20 donation gives unlimited access to autograph
stations with Chipper Jones, Andrew Jones
Jeff Francosur, Tim Hudson, Adgar Renteria and others Free
Photograph Boston Globe Johnny Pesky/Ted Williams photo autographed and
(2007) framed 8 x 10 $89.99
Baseball Boston Globe Jonathan Papelbon autographed baseball $99.95
(2007)
Baseball Bat Boston Globe 2004 World Series Champions bat with box scores of
(2007) each game engraved on back $99.95
Autographed hardrockstage Signed by Billy Ray & Miley Cyrus $649.00
Guitar productions.com
(2009)
Entertainment
Theater Ticket Boston Globe Disney’s Beauty & The Beast musical in Boston’s
(2005) children’s theatre tradition of live theatre $20.00 & $22.00
Concert Ticket Boston Globe Boston Baroque on New Years Eve and Day $28.00 & $64.00
(2005)
Wine Expo Ticket Boston Globe The largest consumer wine event in the country; $95.00 Sunday
(2005) 2-day pass Only $60.00
Football Game Charlotte Observer Steelers playoff game with bus from Charlotte, hotel $475 per person
Package (2005) and tickets
Concert Ticket Charlotte Observer A Scots-Irish Twelfth Night at the Hezekiah Alexander
(2005) House and Open House Tour and Colonial Crafts $6.00 per person
Theatre Ticket Charlotte Observer Outback Steakhouse Family Dinner Theatre Night Adults $20.00;
(2005) with dinner and Beauty and the Beast Students $15.00
Theatre Ticket Atlanta Journal Atlanta Passion, play $10.00-$25.00
Constitution (2006)
Theater Ticket broadway.com Jersey Boys at August Wilson Theater in NYC,
(2009) Sat, mezzanine $97.00
Concert Ticket City Magazine, Diamond Rio in concert from Nashville $25.00 in advance
Lynchburg VA $30.00 at gate
(2008)
569
Selected Prices, 2005-2009 THE VALUE OF A DOLLAR
Concert Ticket City Magazine, Toby Mac in concert, with special guest The Beautiful $25.00 in advance
Lynchburg VA Republic $30.00 at gate
(2008)
Entertainment Home
Camera Atlanta Journal Cannon Rebel XT; 8 million pixels; 2000 zoom lens $999.99
Constitution (2005)
Photo Viewer Atlanta Journal Epson P2000 photo viewer; 40 GB hard drive;
Constitution (2005) 3.8 LCD Screen $499.99
Ink Jet Printer Atlanta Journal Epson R200 ink jet printer; 6-color inks; border free;
Constitution (2005) 8.5x11 photos; easy USB connection $99.99
DVD Player Boston Globe Mintek 7 Portable DVD Player plays DVD’s, CDs
(2005) CDRWs and Kodak picture CDs $129.99
Internet Charlotte Observer Altell DSL high-speed internet $26.95 Month
(2005)
DIRECTV Charlotte Observer 125 Channels with local channels; 3 rooms free;
(2005) includes satellite dish; 3 standard receivers
and remotes; and standard installation $39.99 per month
DVD/CD Player Atlanta Journal jWIN DVD/CD player $28.88
Constitution (2006)
Camera Boston Globe Olympus 8MP; EVOLT E-500; two lens outfit; 2.5 LCD $589.99
(2007)
Game Best Buy Flyer PSP game; Tiger Woods PGA Tour ’09 $39.99
(2008)
Game Best Buy Flyer PC Game; SIMS 2 - Apartment Life $29.99
(2008)
Food Products
Soft Drink Ingles Flyer - 2005 Coke 12-pack; 12oz cans 3 for $9.99 limit 6
Beef Ingles Flyer - 2005 USDA choice beef; london broil $1.98 lb.
Chicken Ingles Flyer - 2005 Perdue bone-in split chicken breast $1.38 lb.
Bananas Ingles Flyer - 2005 Delmonte bananas 3 lbs. for $1.00
Milk Kroger Flyer (2005) Springdale 2%, 1% or skim gallon jug 2 for $5.00
Chicken Kroger Flyer (2005) Fresh whole fryers $0.69 lb.
Eggs Kroger Flyer (2005) Dozen large eggs $0.77 ea.
Bread Kroger Flyer (2005) Kroger buttercrust bread $0.88 ea.
Green Beans Kroger Flyer (2005) Georgia Crown $0.99 lb.
Cookie Kroger Flyer (2005) 12 inch message cookie $6.99
Ribeye Roast Boston Globe Whole semi-boneless $4.59 lb.
(2005)
Jumbo Raw Shrimp Boston Globe Frozen 2 lb. bag; 26/30 Ct. $4.99 lb.
(2005)
Jumbo Sea Scallops Stop & Shop Wild caught, under 20 per lb. $13.99 lb.
(2009)
570
THE VALUE OF A DOLLAR Selected Prices, 2005-2009
Cooked Shrimp Boston Globe Frozen 2 lb. bag 31/40 Ct $5.99 lb.
(2005)
Yams Boston Globe Louisiana yams $.079 lb.
(2005)
Mushrooms Boston Globe 10 oz. pack $1.79 ea.
(2005)
Artichokes Boston Globe Fancy $0.99 ea.
(2005)
Coffee Boston Globe Hilltop 1 lb. bag 2 for $5.00
(2005)
Lettuce Boston Globe California red leaf; green leaf; Boston lettuce $0.98 ea.
(2005)
Eggplant Boston Globe Fancy Florida eggplant $0.78 lb.
(2005)
Apples Boston Globe Premium quality sweet crisp, Red Delicious, $0.98 lb.
(2005) and Golden
Oranges Boston Globe Extra large, sweet California Navel oranges $0.98 lb.
(2005)
Tangerines Boston Globe Orchard Fresh, large; sweet Florida tangerines $0.98 lb.
(2005)
Pizza Atlanta Journal Tombstone frozen pizza, assorted varieties;
Constitution (2006) 16-32 oz. package 2 for $5.00
Chicken Atlanta Journal BBQ rotisserie chicken $5.99
Constitution (2006)
Top Round Atlana Journal Premium certified beef $3.49 lb.
London Broil Constitution (2006)
Shrimp Atlanta Journal Medium Florida pink shrimp; 41-50 per lb. $5.99 lb.
Constitution (2006)
Sirloin Strip Steak Boston Globe Family pack sirloin strip steak $5.44 lb.
(2007)
Baby Back Ribs Boston Globe Baby back ribs $2.99 lb.
(2007)
Water Kroger Flyer (2008) Glaceau Vitamin Water assorted varieties 10 for $10.00
Spice Kroger Flyer (2008) McCormick Spice grinders; .85-2.12 oz 10 for $10.00
Eggs Kroger Flyer (2008) Large 18ct eggs $1.88 each
Furniture
Bar Atlanta Journal Carter bar; 91 tall x 80 x 80; pine also available $3,995; Pine $2,995
Constitution (2005)
Bedroom Set Atlanta Journal Cottage Grove’ bedroom set; crafted in solids and
Constitution (2005) veneers; headboard panels on queen bed; dresser,
armoire, mirror, wood rails $999.99
Mattress & Charlotte Observer 2 PC queen set; euro pillowtop premium $677.00
Box Spring (2005)
Settee Charlotte Observer Settee in woven fabric; regular $1,249.00 Clearance $679
(2005)
Sofa Charlotte Observer Sofa with accent pillows and two chairs; Clearance
(2005) regular $3,918.00 $1699.00
Sofa and Chair Boston Globe All leather sofa and chair $599.00
(2007)
Chair Macy’s Flyer Reclining chair & ottoman with leather seating and
(2008) vinyl sides and back $649.00
Chaise Lounge RaymourFlanigan. Microfiber, with rich wood trim, matching
com (2009) pillow $769.95
571
Selected Prices, 2005-2009 THE VALUE OF A DOLLAR
Hotel Rates
Room Rate Boston Globe Riverside Tower Hotel; Hudson River Views Singles $84.00;
(2005) Suites $199.00
Room Rate www.hilton.com Hilton San Francisco $259.00 per night
(2008)
Room Rate www.hilton.com Hilton Columbia Center $159.00 per night
(2008)
Room Rate www.hilton.com Hilton Charlotte Center City $229.00
(2008)
Room Rate www.motel6.com Motel 6- Chicago O’Hare- Schiller Park $53.19
(2008)
Room Rate www.motel6.com Motel 6 Las Vegas Downtown $39.99
Household Products
Light Bulbs Home Depot 14 watt mini spiral CPL bulbs; 60 watt output using
Flyer (2005) only 12 watts $9.97
Mattress Atlanta Journal Sealy Postropedic Beasley Plus Queen $599.00
Constitution (2005) King $899.00
Sheets Atlanta Journal Cambridge 6pc sheet set, queen or king; 250 thread
Constitution (2005) count; cotton $27.99
Pots and Pans Atlanta Journal Simply Calphalon 10-pc cookware set, non stick; 1 and
Constitution (2005) 2qt covered saucepans; 6qt covered stockpot;
3qt covered saute pan with helper handle; 8 and 10 inch
omelette pans Sale $199.99
Crockpot Atlanta Journal Rival crock pot; 2 heat settings; rinse clean Sale $19.99
Constitution (2005)
Microwave Oven Atlanta Journal Sharp 0.8 cu. ft. microwave oven; 800 watts of power
Constitution (2005) with digital display, auto touch control Sale 49.99
Knives Atlanta Journal 15 pc stainless steel cutlery set; kitchen knives;
Constitution (2005) steak knives; shears and more in block Sale $37.99
Iron Atlanta Journal Rowena Powerglide with stainless steel soleplate;
Constitution (2005) vertical/variable/burst of steam; center pivoting cord Sale $39.99
China Atlanta Journal Mikasa parchment or Platinum Crown china service
Constitution (2005) for 8 Sale $199.99
Curtains Boston Globe 72 thermal backed drapery pairs in burgundy, blue,
(2005) gold & beige $19.99
Sheets Boston Globe 220 ct. percale sheet sets, king $19.99
(2005)
572
THE VALUE OF A DOLLAR Selected Prices, 2005-2009
Stove Atlanta Journal 30⬙ electric range with storage drawer $218.88
Constitution (2006)
Wine Cooler Atlanta Journal Wine cooler with glass door $98.99
Constitution (2006)
Table Pads Boston Globe Custom table pads $49.99
(2007)
Hand Vacuum Atlanta Journal SHARK hand vacuum $28.88
Constitution (2006)
Charcoal BBQ Grill Atlanta Journal Char-Broil BBQ grill $38.88
Constitution (2006)
Carpet Boston Globe 13.6 x 24 Golden Floral $1,000
(2007)
Laundry Detergent Walmart Flyer Tide liquid laundry detergent 100 fluid oz. $10.00
(2007)
Towels Sears Flyer (2008) Colormate bath towels 30x54in $9.99
Panini Press williamssonoma. Breville Ikon, fits wide range of breads, fillings,
com (2009) non-stick plates wipe clean $99.95
Silicone Tongs williamssonoma. Heat-resistant up to 575°F, protects cookware
com (2009) from scratches $15.00
Jewelry
Fashion Jewelry Atlanta Journal Earrings, necklaces and bracelets in gold tone
Constitution (2006) and silver $15.00–$150.00
Engagement Ring Boston Globe Tiffany diamond engagement rings in platinum $4,230–
(2007) $1,000,000,000
Earrings Sears Flyer (2008) Diamond earrings $259.90
Bracelet Macy’s Flyer Diamond cut bangles $80.00
(2008)
Earrings Macy’s Flyer Sterling silver with semi precious stone $50.00
(2008)
Necklace Macy’s Flyer Semi-precious stone and natural shell pendant $60.00
(2008)
Meals
Restaurant Boston Globe New Years Eve Meal at Dolphin Seafood $32.95/person;
(2005) $12.95 Children
Red Snapper Meal Charlotte Observer Horseradish Encrusted Red Snapper at Renaissance
(2005) Charlotte Suites Hotel $17.95
Restaurant Charlotte Observer Friday Night Special, Seafood Festival Buffet $9.99
(2005)
Lunch www.villatronco.com Baked Escolar and Eggplant Napoleon $10.00
-2008
Lunch www.villatronco.com Lemon Pepper Chicken $9.00
- 2008
Dinner www.hennessyssc. Maryland Crab Cakes with Hennessy’s secret mixture
com - 2008 of jumbo lump crabmeat and herbs $19.95
Dinner www.ristorantedivino. Roasted stuffed double rack of Berkshire pork,
com - 2008 roasted garlic mashed potatoes and southern greens $25.95
573
Selected Prices, 2005-2009 THE VALUE OF A DOLLAR
Musical Instruments
Piano Atlanta Journal New grand piano $5,990.00
Constitution (2005)
Piano Atlanta Journal Digital piano $1,799.00
Constitution (2005)
Trumpet www.kkmusicstore. Cecilio 2Series gold lacquer finish Bb trumpet
com - 2008 w/ Monel Valves $189.99
Violin www.audubon SNOW professional violin SIMONA finished by
strings.com - 2008 William Hu of selected aged European tonewoods
with spirit and oil varnish mix $3,150.00
574
THE VALUE OF A DOLLAR Selected Prices, 2005-2009
Other
Hardwood Flooring Atlanta Journal Hardwood flooring $0.99 Sq. Ft.
Constitution (2005)
Cremation Atlanta Journal Direct cremations $695.00
Constitution (2005)
Windows Atlanta Journal Any size installed $189.00
Constitution (2005)
Portraits Charlotte Observer 8 x 10; 2- 5 x 7; 4- 3 x 5; 12 wallets $19.95
(2005)
Cemetery Lot Atlanta Journal 2 tandem crypts in Sunrise Chapel on outside wall $24,500
Constitution (2006)
Publications
Book Boston Globe Meet Mr. Cool with over 75 photos of Tom $22.95
(2005) Brady; Game Summaries of 2001, 2003 & 2004 Super
Bowl Seasons
Book Atlanta Journal Strapped: Why America’s 20 and 30 Somethings Can’t
Constitution (2006) Get Ahead by Tamara Draut; Doubleday; 288p $22.95
Book Atlanta Journal Happiness: A History by Darrin M. McMahon;
Constitution (2006) Atlantic Monthly; 560p $27.50
Book Atlanta Journal Cosmopolitanism: Ethics in a World of Strangers
Constitution (2006) by Kwarme Anthony Appiah; W.W. Norton, 256p $23.95
Newspaper Boston Globe 7-day subscriptions; 26 weeks; receive a $40.00
Subscription (2007) Dunkin Donuts card $104.00
Book Boston Globe Armed Americans: Portraits of Gun Owners in Their
(2007) Homes; photographs by Kyle Cassidy; 208p $30.00
Book American Baby Autism Heros $35.00
Magazine -2008
Real Estate
Condominium Atlanta Journal 2 swimming pools; granite countertops in kitchens 1 Bdrm $140,000;
Constitution (2006) and baths; covered parking; 24-hr fitness center; 2 Bdrms $190,000;
concierge 3 Bdrms $220,000
575
Selected Prices, 2005-2009 THE VALUE OF A DOLLAR
Sports Equipment
Treadmill Atlanta Journal Life Fitness treadmill $2,799.00
Constitution (2005)
Golf Club Boston Globe Taylor Made; Rac OS2 irons $700.00
(2007)
Paintball Gun www.sportsauthority. US Army Paintball Alpha Black Tactical Edition
com - 2008 paintball marker power pack $169.99
Wakeboard www.sportsauthority. World Industries battle youth wakeboard (124cm) $144.99
com - 2008
Soccer Ball www.sportsauthority. Reusch viper soccer ball $19.99
com - 2008
Basketball Goal www.sportsauthority. Mammoth 54 inch clear glass in ground basketball
com - 2008 system $1,199.99
Tobacco Products
Cigarettes Ingles Flyer (2005) Malboro carton $27.48
Cigarettes Ingles Flyer (2005) Winston carton $23.98
Cigarettes Ingles Flyer (2005) Camel carton $24.48
Toys
Pool Table Atlanta Journal Regulation slate pool table $790.00
Constitution (2005)
576
THE VALUE OF A DOLLAR Selected Prices, 2005-2009
577
Miscellany, 2005-2009 THE VALUE OF A DOLLAR
MISCELLANY 2005-2009
578
THE VALUE OF A DOLLAR Miscellany, 2005-2009
MISCELLANY 2005-2009
579
Miscellany, 2005-2009 THE VALUE OF A DOLLAR
MISCELLANY 2005-2009
580
Pricing Trends
1900-2007*
his Pricing Trends section is the result of sug- At the same time, each pricing chart includes an
* The range of years will vary slightly from item to item, based on available data.
581
Pricing Trends, 1900-2007 THE VALUE OF A DOLLAR
in the United States. It was during this period that the price increases decade to decade, the relative price of
federal government started compiling an index many is less than it was 100 years ago. Thanks to
essential for calculating cost-of-living adjustments in improved agricultural techniques, many products—
wages. Most of this work began around 1917, but the such as a dozen eggs—have a lower relative cost today
government developed indexes with estimates back and thus have a lower impact on the family budget.
to 1913. This information is compiled today by the As noted before, pricing is an inexact science. In
U.S. Department of Labor under the Bureau of Labor any given year the same item—a woman’s dress, for
Statistics. example—might be sold at widely varying prices in
When developing the charts for The Value of a the same store, based on the season, the availability,
Dollar, information was not available prior to 1913. the retailer’s need for cash, or the consumer’s
To include the material prior to 1913, an alternative demand. View this same item over 100 years and the
index was utilized based upon John J. McCusker’s variables—from workmanship to material quality,
principle of determining the value of money prior to innovations in manufacture, changing fashion or the
1913. Charts in this book expressing values prior to type of store selling the item—all have an impact. For
1913 should be viewed as approximations when com- that reason every effort has been made to appropri-
pared to the year 2007 dollars. Charts that begin at or ately price items. For example, the Broadway ticket
after 1913 used the Consumer Price Index and pro- price shows the best seat available, and indicates
vide a closer comparison of actual dollars in 2007. such in the description. The automobile pricing is the
During the development of this book, government lowest list price over time, before dozens of extras
indexes for the year 2008 were unavailable. are added in. Most of the prices came from catalogs
The use of indexing in this way gives each of us a and advertisements, meticulously traced back for
deeper knowledge of economics. For example, the 100 years. Some were provided by the companies
often discussed inflation index is a product of thou- themselves, recognizing that products, like a lawn
sands of issues and items. Using individual trend data, mower, bear little resemblance to the whirling push
we no longer look only at an average cost of change device first employed decades ago. No mention is
over time, but a specific change. This additional infor- made of whether yesterday’s sun was really hotter or
mation then tells us that while most items experience the weeds more stubborn.
582
THE VALUE OF A DOLLAR Around the House
$120.00
$100.00
$80.00
$60.00
$40.00
$20.00
$0.00
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Year
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Yearly Rate $4.00 $4.00 $4.00 $4.00 $5.00 $6.00 $7.50 $9.50 $18.00 $14.95 $17.94 $29.50
Dollar Value in 2007 $97.56 $86.96 $41.67 $49.38 $73.53 $51.72 $52.45 $50.80 $45.34 $23.73 $21.59 $29.50
583
Around the House THE VALUE OF A DOLLAR
$30.00
$25.00
$20.00
$15.00
$10.00
$5.00
$0.00
1945 1951 1956 1961 1966 1971 1976 1981 1986 1992 2000 2007
Year
1945 1951 1956 1961 1966 1971 1976 1981 1986 1992 2000 2007
Price $0.59 $0.72 $0.98 $1.86 $3.77 $3.48 $4.99 $3.99 $9.99 $10.00 $15.99 $18.50
Dollar Value in 2007 $6.78 $5.76 $7.48 $12.92 $24.17 $17.85 $18.21 $9.11 $18.88 $14.77 $19.24 $18.50
584
THE VALUE OF A DOLLAR Around the House
$0.70
$0.60
$0.50
$0.40
$0.30
$0.20
$0.10
$0.00
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Year
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Daily Price $0.02 $0.01 $0.02 $0.02 $0.02 $0.03 $0.07 $0.10 $0.20 $0.35 $0.50 $0.50
Dollar Value in 2007 $0.49 $0.22 $0.21 $0.25 $0.29 $0.26 $0.49 $0.53 $0.50 $0.56 $0.60 $0.50
585
Around the House THE VALUE OF A DOLLAR
$120.00
$100.00
$80.00
$60.00
$40.00
$20.00
$0.00
1920 1931 1946 1951 1961 1971 1981 1991 2000 2007
Year
1920 1931 1946 1951 1961 1971 1981 1991 2000 2007
Price $5.25 $3.95 $7.60 $6.19 $13.50 $19.95 $29.99 $21.95 $35.00 $50.00
Dollar Value in 2007 $54.69 $54.11 $80.85 $49.52 $93.75 $102.31 $68.74 $33.41 $42.12 $50.00
586
THE VALUE OF A DOLLAR Around the House
$2,500.00
$2,000.00
$1,500.00
$1,000.00
$500.00
$0.00
1920 1931 1945 1951 1961 1971 1976 1981 1986 1991 2007
Year
1920 1931 1945 1951 1961 1971 1976 1981 1986 1991 2007
Price $84.75 $64.50 $79.95 $69.95 $279.95 $299.95 $259.95 $319.95 $399.99 $374.99 $600.00
Dollar Value in 2007 $882.81 $1,130.14 $918.97 $559.60 $1,944.10 $1,179.23 $948.72 $730.48 $756.12 $570.76 $600.00
587
Around the House THE VALUE OF A DOLLAR
$900.00
$800.00
$700.00
$600.00
$500.00
$400.00
$300.00
$200.00
$100.00
$0.00
1916 1928 1931 1940 1952 1965 1970 1983 1987 1998 2007
Year
1916 1928 1931 1940 1952 1965 1970 1983 1987 1998 2007
Price $23.75 $39.50 $59.95 $29.95 $69.95 $109.95 $89.95 $145.00 $99.97 $129.99 $150.00
Dollar Value in 2007 $448.11 $481.71 $821.23 $440.44 $546.48 $723.36 $461.28 $302.08 $182.43 $165.39 $150.00
588
THE VALUE OF A DOLLAR Around the House
$1.40
$1.20
$1.00
$0.80
$0.60
$0.40
$0.20
$0.00
1945 1951 1956 1961 1966 1971 1976 1981 1986 1991 1996 2000 2007
Year
1945 1951 1956 1961 1966 1971 1976 1981 1986 1991 1996 2000 2007
Price $0.09 $0.11 $0.14 $0.23 $0.19 $0.21 $0.29 $0.50 $0.60 $0.85 $0.86 $0.88 $1.07
Dollar Value in 2007 $1.03 $0.88 $1.07 $1.06 $1.22 $1.08 $1.06 $1.14 $1.13 $1.29 $1.14 $1.06 $1.07
589
Around the House THE VALUE OF A DOLLAR
$3.50
$3.00
$2.50
$2.00
$1.50
$1.00
$0.50
$0.00
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Year
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Cover Price $0.10 $0.15 $0.15 $0.10 $0.10 $0.25 $0.35 $0.50 $1.25 $1.75 $2.49 $2.49
Dollar Value in 2007 $2.44 $3.26 $1.56 $1.23 $1.47 $2.16 $2.45 $2.67 $3.15 $2.78 $3.00 $2.49
590
THE VALUE OF A DOLLAR Around the House
$300,000
$250,000
$200,000
$150,000
$100,000
$50,000
$0
1920 1950 1960 1965 1970 1975 1980 1985 1990 1995 2000 2007
Year
1920 1950 1960 1965 1970 1975 1980 1985 1990 1995 2000 2007
Home Price $4,938 $9,422 $15,200 $20,000 $23,400 $39,300 $64,600 $84,300 $122,900 $133,900 $161,400 $247,900
Dollar Value in 2007 $51,438 $81,224 $106,294 $131,579 $125,133 $151,737 $147,488 $162,427 $195,079 $182,176 $194,223 $247,900
$1.20
$1.00
$0.80
$0.60
$0.40
$0.20
$0.00
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Year
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Daily Price $0.01 $0.01 $0.02 $0.02 $0.03 $0.03 $0.05 $0.10 $0.25 $0.40 $0.75 $1.00
Dollar Value in 2007 $0.24 $0.22 $0.21 $0.25 $0.44 $0.26 $0.35 $0.53 $0.63 $0.63 $0.90 $1.00
* Cost is for papers purchased in the New York City area (within 200 mile radius of New York City).
592
THE VALUE OF A DOLLAR Around the House
$4.00
$3.50
$3.00
$2.50
$2.00
$1.50
$1.00
$0.50
$0.00
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Year
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Price $0.03 $0.05 $0.05 $0.05 $0.10 $0.15 $0.25 $0.50 $0.85 $1.25 $2.50 $3.50
Dollar Value in 2007 $0.73 $1.09 $0.52 $0.62 $1.47 $1.29 $1.75 $2.67 $2.14 $1.98 $3.01 $3.50
* Cost is for papers purchased in the New York City area (within 200 mile radius of New York City).
593
Around the House THE VALUE OF A DOLLAR
$0.60
$0.50
$0.40
$0.30
$0.20
$0.10
$0.00
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Year
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Price $0.02 $0.02 $0.02 $0.02 $0.03 $0.03 $0.03 $0.06 $0.15 $0.25 $0.33 $0.41
Dollar Value in 2007 $0.49 $0.45 $0.21 $0.25 $0.44 $0.26 $0.21 $0.32 $0.38 $0.40 $0.40 $0.41
594
THE VALUE OF A DOLLAR Around the House
$250.00
$200.00
$150.00
$100.00
$50.00
$0.00
1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2001 2004
Year
1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2001 2004
Price $23.17 $26.90 $31.20 $36.10 $41.85 $48.50 $56.25 $65.25 $75.50 $87.65 $34.99 $15.00
Dollar Value in 2007 $199.74 $208.53 $218.18 $237.50 $223.80 $187.26 $141.69 $125.72 $119.84 $119.25 $42.11 $16.47
595
Around the House THE VALUE OF A DOLLAR
$3.00
$2.50
$2.00
$1.50
$1.00
$0.50
$0.00
1939 1945 1955 1965 1975 1985 1995 2000 2005
Year
Cover Price $0.10 $0.10 $0.10 $0.12 $0.25 $0.75 $1.95 $1.99 $2.50
Dollar Value in 2007 $1.49 $1.15 $0.78 $0.79 $0.97 $1.45 $2.65 $2.39 $2.65
596
THE VALUE OF A DOLLAR Around the House
$120.00
$100.00
$80.00
$60.00
$40.00
$20.00
$0.00
1924 1946 1958 1966 1970 1974 1978 1982 1985 1991 2001 2007
Year
1924 1946 1958 1966 1970 1974 1978 1982 1985 1991 2001 2007
Yearly Rate $5.00 $6.50 $7.00 $10.00 $15.00 $18.00 $31.00 $41.00 $58.24 $61.88 $69.66 $49.00
Dollar Value in 2007 $60.98 $69.15 $50.36 $64.10 $80.21 $75.63 $98.73 $88.17 $112.22 $94.19 $83.83 $49.00
597
Around the House THE VALUE OF A DOLLAR
$6.00
$5.00
$4.00
$3.00
$2.00
$1.00
$0.00
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Year
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Cover Price $0.10 $0.10 $0.35 $0.35 $0.35 $0.50 $0.60 $0.75 $2.00 $3.00 $3.50 $3.99
Dollar Value in 2007 $2.44 $2.17 $3.65 $4.32 $5.15 $4.31 $4.20 $4.01 $5.04 $4.76 $4.21 $3.99
598
THE VALUE OF A DOLLAR Around the House
$35.00
$30.00
$25.00
$20.00
$15.00
$10.00
$5.00
$0.00
1933 1940 1950 1960 1970 1980 1990 2001 2007
Year
Price $1.00 $2.00 $3.00 $3.50 $3.95 $5.50 $9.50 $13.95 $14.95
Dollar Value in 2007 $15.87 $29.41 $25.86 $24.48 $21.12 $13.85 $15.08 $16.33 $14.95
599
Fashion THE VALUE OF A DOLLAR
FASHION
Brooks Brothers White Button Down Shirt
$100.00
$90.00
$80.00
$70.00
$60.00
$50.00
$40.00
$30.00
$20.00
$10.00
$0.00
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Year
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Price $2.00 $3.00 $3.00 $3.75 $5.00 $9.50 $11.50 $13.00 $31.00 $40.00 $49.50 $75.00
Dollar Value in 2007 $48.78 $65.22 $31.25 $46.30 $73.53 $89.90 $79.86 $69.52 $78.09 $63.49 $59.57 $75.00
600
THE VALUE OF A DOLLAR Fashion
FASHION
Men’s Dress (Overcoat/Trench) Coat
$350.00
$300.00
$250.00
$200.00
$150.00
$100.00
$50.00
$0.00
1900 1910 1920 1930 1945 1950 1960 1975 1980 1990 2000 2007
Year
1900 1910 1920 1930 1945 1950 1960 1975 1980 1990 2000 2007
Price $8.00 $8.75 $28.50 $19.35 $17.95 $32.95 $29.90 $59.80 $70.00 $74.75 $89.99 $125.00
Dollar Value in 2007 $195.12 $190.22 $296.88 $226.54 $206.32 $284.05 $209.09 $230.89 $176.32 $118.65 $108.29 $125.00
601
Fashion THE VALUE OF A DOLLAR
FASHION
Men’s Black Leather Dress Shoes
$250.00
$200.00
$150.00
$100.00
$50.00
$0.00
1900 1910 1925 1930 1940 1950 1960 1975 1985 1995 2000 2007
Year
1900 1910 1925 1930 1940 1950 1960 1975 1985 1995 2000 2007
Price $2.80 $3.45 $3.48 $4.00 $3.39 $10.95 $15.97 $23.99 $70.00 $145.00 $155.00 $175.00
Dollar Value in 2007 $68.29 $75.00 $41.43 $49.38 $49.85 $94.40 $111.68 $92.63 $134.87 $197.28 $186.52 $175.00
602
THE VALUE OF A DOLLAR Fashion
FASHION
Men’s Two-Piece Dress Suit
$450.00
$400.00
$350.00
$300.00
$250.00
$200.00
$150.00
$100.00
$50.00
$0.00
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Year
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Price $6.50 $6.83 $12.45 $23.75 $15.95 $36.95 $39.90 $79.50 $95.00 $110.00 $150.00 $200.00
Dollar Value in 2007 $158.54 $148.48 $129.69 $293.21 $234.56 $318.53 $279.02 $425.13 $239.29 $174.60 $180.51 $200.00
603
Fashion THE VALUE OF A DOLLAR
FASHION
Men’s Dress Shirt
$40.00
$35.00
$30.00
$25.00
$20.00
$15.00
$10.00
$5.00
$0.00
1925 1935 1945 1955 1965 1975 1985 1995 1999 2007
Year
1925 1935 1945 1955 1965 1975 1985 1995 1999 2007
Price $0.79 $0.84 $1.18 $1.25 $1.46 $5.47 $9.99 $16.99 $21.00 $37.50
Dollar Value in 2007 $9.40 $12.73 $13.56 $9.69 $9.61 $21.12 $19.25 $23.12 $26.12 $37.50
604
THE VALUE OF A DOLLAR Fashion
FASHION
Men’s Dress Slacks
$100.00
$90.00
$80.00
$70.00
$60.00
$50.00
$40.00
$30.00
$20.00
$10.00
$0.00
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Year
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Price $1.25 $1.28 $2.35 $2.45 $3.39 $6.45 $12.50 $12.95 $16.99 $26.00 $23.99 $40.00
Dollar Value in 2007 $30.49 $27.83 $24.48 $30.25 $49.85 $55.60 $87.41 $69.25 $42.80 $41.27 $28.87 $40.00
605
Fashion THE VALUE OF A DOLLAR
FASHION
Men’s Sweater
$80.00
$70.00
$60.00
$50.00
$40.00
$30.00
$20.00
$10.00
$0.00
1900 1910 1925 1930 1940 1950 1960 1970 1980 1990 2000 2007
Year
1900 1910 1925 1930 1940 1950 1960 1970 1980 1990 2000 2007
Price $0.98 $0.85 $3.98 $2.00 $1.49 $3.95 $6.86 $13.00 $15.99 $29.90 $35.00 $48.00
Dollar Value in 2007 $23.90 $18.48 $47.38 $24.69 $21.91 $34.05 $47.97 $69.52 $40.29 $47.60 $42.12 $48.00
606
THE VALUE OF A DOLLAR Fashion
FASHION
Women’s Black Purse
$60.00
$50.00
$40.00
$30.00
$20.00
$10.00
$0.00
1900 1910 1925 1930 1945 1950 1960 1975 1985 1995 2000 2007
Year
1900 1910 1925 1930 1945 1950 1960 1975 1985 1995 2000 2007
Price $0.24 $0.83 $1.98 $2.89 $4.69 $5.00 $6.44 $10.00 $20.00 $24.95 $19.99 $35.00
Dollar Value in 2007 $5.85 $18.04 $20.63 $35.68 $53.91 $43.10 $45.03 $38.61 $38.54 $33.95 $24.06 $35.00
607
Fashion THE VALUE OF A DOLLAR
FASHION
Women’s Dress Suit
$250.00
$200.00
$150.00
$100.00
$50.00
$0.00
1900 1905 1920 1930 1940 1950 1960 1970 1980 1995 2007
Year
1900 1905 1920 1930 1940 1950 1960 1970 1980 1995 2007
Price $4.95 $4.95 $12.95 $10.98 $9.98 $15.98 $29.90 $39.00 $60.54 $64.99 $159.00
Dollar Value in 2007 $120.73 $115.12 $134.90 $135.56 $146.76 $137.76 $209.09 $208.56 $152.49 $88.42 $159.00
608
THE VALUE OF A DOLLAR Fashion
FASHION
Women’s High Heel Shoes
$90.00
$80.00
$70.00
$60.00
$50.00
$40.00
$30.00
$20.00
$10.00
$0.00
1900 1910 1925 1930 1940 1950 1960 1970 1980 1990 2000 2007
Year
1900 1910 1925 1930 1940 1950 1960 1970 1980 1990 2000 2007
Price $2.65 $2.00 $3.98 $3.00 $3.59 $7.95 $10.70 $8.99 $31.99 $19.94 $34.99 $49.00
Dollar Value in 2007 $64.63 $43.48 $47.38 $37.04 $52.79 $68.53 $74.83 $48.07 $80.58 $31.65 $41.11 $49.00
1940: To Accent Foot Loveliness. Elasticized gabardine step-in slips on so easily – then fairly molds
itself to your foot as you walk. Softly pleated vamp. Leather sole, 2-inch Cuban heel.
1950: Costume Drama. High platforms, high heel..to star you as a leading lady…wherever you go.
Superbly beautiful bracelet sandal for dining, dancing hours; soaring high on a 1⁄2 -inch platform
and slender 3-inch heels.
1960: The classic Spectator. Flexible Featherlite pointed toe pump of supple textured leather. Leather
sole and 218⁄ -inch heel.
1970: Step into the Classic Pump. Neatly-stitched topline and softly-shaped toe..here’s the perfect
underscore for your dressy as well as tailored clothes. Choose uppers of smooth leather or
gleaming patent vinyl.
1980: The Spectator Pump. A classic shoe to complement this year’s suit styles.
609
Fashion THE VALUE OF A DOLLAR
FASHION
Women’s One Piece Dress
$120.00
$100.00
$80.00
$60.00
$40.00
$20.00
$0.00
1905 1915 1925 1935 1945 1955 1965 1975 1985 1990 2000 2007
Year
1905 1915 1925 1935 1945 1955 1965 1975 1985 1990 2000 2007
Price $1.95 $3.69 $5.98 $2.74 $4.95 $10.98 $16.81 $20.00 $45.00 $55.00 $36.00 $60.00
Dollar Value in 2007 $45.35 $73.31 $71.19 $41.52 $36.90 $85.12 $110.59 $77.22 $86.71 $87.30 $43.32 $60.00
610
THE VALUE OF A DOLLAR Fashion
FASHION
Women’s Skirt
$70.00
$60.00
$50.00
$40.00
$30.00
$20.00
$10.00
$0.00
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Year
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Price $1.75 $2.75 $5.98 $2.98 $2.98 $3.98 $3.97 $7.97 $16.00 $24.00 $24.99 $49.00
Dollar Value in 2007 $42.68 $59.78 $62.29 $36.79 $43.82 $34.31 $27.76 $42.62 $40.30 $38.10 $30.07 $49.00
1940: Fan Pleated; Handsomely tailored skirt in two fine fabrics that mate beautifully with blouses and
jackets.
1960: Woven Plaid.. Dan River wash-and-wear cotton. Simulated pockets; back zipper; kick pleats.
Washable.
1980: The Slim Skirt; Ours is a lightweight gabardine that’s classically styled with self-piped, button-
down pockets in front and back.
2000: Apostrophe print ruffle skirt. A fun look.
611
Fashion THE VALUE OF A DOLLAR
FASHION
Women’s Swimsuit
$180.00
$160.00
$140.00
$120.00
$100.00
$80.00
$60.00
$40.00
$20.00
$0.00
1923 1931 1941 1951 1961 1971 1981 1991 1999 2007
Year
1923 1931 1941 1951 1961 1971 1981 1991 1999 2007
Price $8.50 $10.95 $ 8.95 $14.95 $22.95 $26.99 $56.00 $85.00 $95.00 $125.00
Dollar Value in 2007 $103.66 $150.00 $126.06 $119.60 $159.38 $138.41 $127.85 $129.38 $118.16 $125.00
612
THE VALUE OF A DOLLAR Help Wanted
HELP WANTED
Average Major League Baseball Player’s Salary
$3,000,000
$2,500,000
$2,000,000
$1,500,000
$1,000,000
$500,000
$0
1900 1910 1929 1939 1946 1951 1967 1975 1985 1995 2007
Year
1900 1910 1929 1939 1946 1951 1967 1975 1985 1995 2007
Avg. Player Salary $2,200 $2,500 $7,531 $7,306 $11,294 $13,300 $19,000 $44,676 $371,157 $1,094,400 $2,820,000
Dollar Value in 2007 $53,658 $54,347 $91,841 $109,045 $120,148 $106,400 $118,012 $172,494 $715,138 $1,488,980 $2,820,000
613
Help Wanted THE VALUE OF A DOLLAR
HELP WANTED
Average US National Annual Salary
$45,000
$40,000
$35,000
$30,000
$25,000
$20,000
$15,000
$10,000
$5,000
$0
1901 1911 1921 1931 1941 1951 1961 1971 1981 1991 2000 2007
Year
1901 1911 1921 1931 1941 1951 1961 1971 1981 1991 2000 2007
Annual Salary $454 $575 $1,233 $1,289 $1,492 $3,452 $4,961 $8,144 $17,197 $24,578 $29,469 $38,760
Dollar Value in 2007 $11,073 $12,500 $14,337 $17,657 $21,014 $27,616 $34,451 $41,764 $39,197 $37,409 $35,462 $38,760
614
THE VALUE OF A DOLLAR Help Wanted
HELP WANTED
Bookkeeper Annual Salary
$70,000
$60,000
$50,000
$40,000
$30,000
$20,000
$10,000
$0
1907 1918 1929 1936 1943 1952 1964 1978 1988 1999 2007
Year
1907 1918 1929 1936 1943 1952 1964 1978 1988 1999 2007
Annual Salary $780 $930 $1,040 $1,200 $2,600 $3,120 $3,360 $18,000 $21,000 $25,000 $31,560
Dollar Value in 2007 $12,333 $12,739 $12,682 $17,910 $31,325 $24,960 $22,400 $57,324 $36,777 $31,094 $31,560
615
Help Wanted THE VALUE OF A DOLLAR
HELP WANTED
Boston Red Sox Baseball Team Payroll
$140,000,000
$120,000,000
$100,000,000
$80,000,000
$60,000,000
$40,000,000
$20,000,000
$0
1929 1939 1946 1956 1976 1986 1996 2000 2007
Year
Team Payroll $171,260 $227,237 $511,025 $421,000 $2,052,460 $16,003,236 $39,676,000 $81,210,333 $120,099,824
Dollar Value in 2007 $2,088,536 $3,391,597 $5,436,436 $3,213,740 $7,490,729 $30,251,863 $52,412,153 $97,726,032 $120,099,824
616
THE VALUE OF A DOLLAR Help Wanted
HELP WANTED
Coal Miner Annual Salary*
$70,000
$60,000
$50,000
$40,000
$30,000
$20,000
$10,000
$0
1906 1911 1921 1931 1941 1951 1961 1971 1981 1991 1996 2007
Year
1906 1911 1921 1931 1941 1951 1961 1971 1981 1991 1996 2007
Annual Salary $603 $644 $1,726 $723 $1,500 $3,762 $5,357 $10,331 $27,283 $39,988 $44,769 $44,930
Dollar Value in 2007 $14,023 $14,000 $20,069 $9,904 $21,126 $30,096 $37,201 $52,979 $62,289 $60,864 $59,140 $44,930
HELP WANTED
Domestic Annual Salary*
$25,000
$20,000
$15,000
$10,000
$5,000
$0
1900 1911 1921 1931 1941 1951 1961 1976 1981 1991 1999 2007
Year
1900 1911 1921 1931 1941 1951 1961 1976 1981 1991 1999 2007
Annual Salary $240 $343 $649 $584 $601 $1,588 $2,356 $6,479 $9,327 $9,527 $15,000 $19,550
Dollar Value in 2007 $5,853 $7,456 $7,546 $8,000 $8,464 $12,704 $16,361 $23,645 $21,294 $14,500 $18,656 $19,550
HELP WANTED
Durable Goods Manufacturer Annual Salary*
$70,000
$60,000
$50,000
$40,000
$30,000
$20,000
$10,000
$0
1901 1911 1921 1931 1941 1951 1961 1971 1981 1991 2000 2007
Year
1901 1911 1921 1931 1941 1951 1961 1971 1981 1991 2000 2007
Annual Salary $917 $1,020 $2,010 $1,127 $1,840 $3,862 $6,048 $10,473 $20,810 $31,658 $47,930 $42,993
Dollar Value in 2007 $22,365 $22,173 $23,372 $15,438 $25,915 $30,896 $42,000 $53,707 $47,511 $48,185 $57,677 $42,993
HELP WANTED
Federal Hourly Minimum Wage
$10.00
$9.00
$8.00
$7.00
$6.00
$5.00
$4.00
$3.00
$2.00
$1.00
$0.00
1938 1939 1945 1950 1956 1961 1963 1967 1968 1974 1975 1976 1978 1979 1980 1981 1990 1991 1996 1997 2007
Year
1938 1939 1945 1950 1956 1961 1963 1967 1968 1974 1975
Hourly Wage $0.25 $0.30 $0.40 $0.75 $1.00 $1.15 $1.25 $1.40 $1.60 $2.00 $2.10
Dollar Value in 2007 $3.68 $4.48 $4.60 $6.47 $7.63 $7.99 $8.45 $8.70 $9.52 $8.40 $8.11
1976 1978 1979 1980 1981 1990 1991 1996 1997 2007
Hourly Wage $2.30 $2.65 $2.90 $3.10 $3.35 $3.80 $4.25 $4.75 $5.15 $5.85
Dollar Value in 2007 $8.39 $8.44 $8.29 $7.81 $7.65 $6.03 $6.47 $6.27 $6.65 $5.85
620
THE VALUE OF A DOLLAR Help Wanted
HELP WANTED
Gas & Electric Worker Annual Salary*
$60,000
$50,000
$40,000
$30,000
$20,000
$10,000
$0
1900 1911 1921 1931 1941 1951 1961 1971 1981 1991 1996 2007
Year
1900 1911 1921 1931 1941 1951 1961 1971 1981 1991 1996 2007
Annual Salary $620 $648 $1,364 $1,600 $1,870 $3,851 $6,390 $10,696 $23,595 $33,940 $39,398 $50,772
Dollar Value in 2007 $15,121 $14,086 $15,860 $21,917 $26,338 $30,808 $44,375 $54,851 $53,869 $51,659 $52,045 $50,772
HELP WANTED
Golf Master Champions Earnings
$1,600,000
$1,400,000
$1,200,000
$1,000,000
$800,000
$600,000
$400,000
$200,000
$0
1934 1936 1946 1951 1956 1961 1966 1971 1981 1986 1991 2001 2007
Year
Winning Player Horton Smith Henry Picard Herman Keiser Ben Hogan Jack Burke, Jr. Gary Player Jack Nicklaus
Total Score ⫺4 ⫺3 ⫺6 ⫺8 1 over par ⫺8 Even
Earnings from Win $1,500 $1,500 $2,500 $3,000 $6,000 $20,000 $20,000
Dollar Value in 2007 $23,077 $22,388 $26,596 $24,000 $45,801 $138,888 $128,205
Winning Player Charles Coody Tom Watson Jack Nicklaus Ian Woosnam Tiger Woods Trevor Immelman
Total Score ⫺9 ⫺8 ⫺9 ⫺11 ⫺16 ⫺8
Earnings from Win $25,000 $60,000 $144,000 $243,000 $1,008,000 $1,350,000
Dollar Value in 2007 $128,205 $136,986 $272,211 $369,863 $1,180,327 $1,350,000
Master’s Facts:
Bobby Jones, a celebrated golfer in the 1920’s, developed Augusta National’s golf course from a 365
acre nursery.
The first four years, the Masters Tournament was originally called the “Augusta National Invitational”.
The Masters is the only one of professional golf’s four major golf tournaments with a permanent
home.
Each of the 18 holes designed by Bobby Jones is named after a plant or tree that adorns that hole.
622
THE VALUE OF A DOLLAR Help Wanted
HELP WANTED
Medical/Health Service Provider Annual Salary*
$60,000
$50,000
$40,000
$30,000
$20,000
$10,000
$0
1900 1911 1921 1931 1941 1951 1961 1971 1981 1991 1999 2007
Year
1900 1911 1921 1931 1941 1951 1961 1971 1981 1991 1999 2007
Annual Salary $256 $352 $983 $919 $955 $2,143 $3,636 $10,465 $16,288 $18,522 $20,000 $25,600
Dollar Value in 2007 $6,243 $7,652 $11,430 $12,589 $13,450 $17,144 $25,250 $53,666 $37,187 $28,191 $24,875 $25,600
HELP WANTED
New York Yankees Baseball Team Payroll
$250,000,000
$200,000,000
$150,000,000
$100,000,000
$50,000,000
$0
1929 1939 1946 1956 1976 1986 1996 2000 2007
Year
Team Payroll $365,741 $361,471 $442,854 $492,000 $1,630,900 $17,254,360 $52,189,370 $92,938,260 $194,663,079
Dollar Value in 2007 $4,460,256 $5,395,089 $4,711,212 $3,755,725 $5,952,189 $32,616,937 $68,942,364 $111,839,061 $194,663,079
624
THE VALUE OF A DOLLAR Help Wanted
HELP WANTED
Playboy Playmate Modeling Fee
$35,000
$30,000
$25,000
$20,000
$15,000
$10,000
$5,000
$0
1959 1961 1966 1968 1970 1978 1984 1990 1997 2007
Year
1959 1961 1966 1968 1970 1978 1984 1990 1997 2007
Modeling Fee $500 $1,000 $2,500 $3,000 $5,000 $10,000 $15,000 $20,000 $20,000 $25,000
Dollar Value in 2007 $3,571 $6,944 $16,025 $17,857 $26,737 $31,847 $29,940 $31,746 $25,839 $25,000
625
Help Wanted THE VALUE OF A DOLLAR
HELP WANTED
President of the United States Annual Salary
$1,800,000
$1,600,000
$1,400,000
$1,200,000
$1,000,000
$800,000
$600,000
$400,000
$200,000
$0
1901 1911 1921 1931 1941 1951 1961 1971 1981 1991 2000 2007
Year
President William McKinley William H. Taft Warren Harding Herbert Hoover Franklin D. Roosevelt Harry S. Truman
Salary $50,000 $75,000 $75,000 $75,000 $75,000 $100,000 ⫹ $50,000
expense account
Dollar Value $1,219,512 $1,630,434 $872,093 $1,027,397 $1,056,338 $800,000
in 2007
President John F. Kennedy Richard M. Nixon Ronald W. Reagan George H.W. Bush William J. Clinton George W. Bush
Salary $100,000 ⫹ $50,000 $200,000 ⫹ $50,000 $200,000 ⫹ $50,000 $200,000 ⫹ $50,000 $200,000 ⫹ $50,000 $400,000 ⫹ $50,000
expense account expense account expense account expense account expense account expense account
(refused by Kennedy)
Dollar Value $694,444 $1,025,641 $456,621 $304,414 $240,637 $400,000
in 2007
626
THE VALUE OF A DOLLAR Help Wanted
HELP WANTED
Public School Teacher Annual Salary*
$60,000
$50,000
$40,000
$30,000
$20,000
$10,000
$0
1901 1911 1921 1931 1941 1951 1961 1971 1981 1991 2000 2007
Year
1901 1911 1921 1931 1941 1951 1961 1971 1981 1991 2000 2007
Annual Salary $337 $712 $1,109 $1,463 $1,462 $2,998 $4,991 $8,813 $16,606 $32,638 $43,740 $46,610
Dollar Value in 2007 $8,219 $15,478 $11,848 $20,041 $20,591 $23,984 $34,659 $45,194 $37,913 $49,677 $52,635 $46,610
HELP WANTED
Pulitzer Prize Award Amount
$18,000
$16,000
$14,000
$12,000
$10,000
$8,000
$6,000
$4,000
$2,000
$0
1917 1920 1930 1940 1950 1960 1970 1980 1987 1990 2000 2007
Year
1917 1920 1930 1940 1950 1960 1970 1980 1987 1990 2000 2007
Prize Value $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $3,000 $3,000 $5,000 $10,000
Dollar Value $16,129 $10,416 $12,345 $14,705 $8,620 $6,993 $5,347 $2,518 $5,474 $4,761 $6,016 $10,000
in 2007
628
THE VALUE OF A DOLLAR Help Wanted
HELP WANTED
Railroad Worker Annual Salary*
$80,000
$70,000
$60,000
$50,000
$40,000
$30,000
$20,000
$10,000
$0
1901 1911 1921 1931 1941 1951 1961 1971 1981 1991 2000 2007
Year
1901 1911 1921 1931 1941 1951 1961 1971 1981 1991 2000 2007
Annual Salary $549 $705 $1,632 $1,661 $2,030 $4,163 $6,440 $11,360 $27,452 $39,987 $57,157 $61,480
Dollar Value in 2007 $13,390 $15,326 $18,976 $22,753 $28,591 $33,304 $44,722 $58,256 $62,675 $60,863 $68,780 $61,480
HELP WANTED
State & Local Government Worker Annual Salary*
$60,000
$50,000
$40,000
$30,000
$20,000
$10,000
$0
1901 1911 1921 1931 1941 1951 1961 1971 1981 1991 2000 2007
Year
1901 1911 1921 1931 1941 1951 1961 1971 1981 1991 2000 2007
Annual Salary $549 $705 $1,632 $1,661 $2,030 $4,163 $6,440 $11,360 $27,452 $39,987 $57,157 $61,480
Dollar Value in 2007 $13,390 $15,326 $18,976 $22,753 $28,591 $33,304 $44,722 $58,256 $62,675 $60,863 $68,780 $61,480
HELP WANTED
University of South Carolina Yearly Tuition*
$9,000
$8,000
$7,000
$6,000
$5,000
$4,000
$3,000
$2,000
$1,000
$0
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Year
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Annual Tuition $40 $40 $40 $40 $60 $80 $80 $150 $1,040 $2,560 $3,768 $8,307
Dollar Value $975 $869 $416 $493 $882 $689 $559 $802 $2,619 $4,063 $4,534 $8,307
in 2007
HELP WANTED
United States Federal Civilian Annual Salary*
$70,000
$60,000
$50,000
$40,000
$30,000
$20,000
$10,000
$0
1900 1910 1925 1930 1940 1950 1960 1970 1980 1990 2000 2007
Year
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Annual Salary $940 $1,133 $1,683 $1,895 $1,970 $3,924 $6,451 $11,767 $23,029 $31,174 $50,429 $65,473
Dollar Value in 2007 $22,926 $24,630 $19,569 $25,958 $27,746 $31,392 $44,798 $60,343 $52,577 $49,482 $60,684 $65,473
HELP WANTED
Winning Player’s Share of Football Championship Game*
$60,000
$50,000
$40,000
$30,000
$20,000
$10,000
$0
1933 1935 1945 1955 1965 1975 1985 1995 1999 2007
Year
1933 1935 1945 1955 1965 1975 1985 1995 1999 2007
Team Chicago Detroit Cleveland Cleveland Green Bay Dallas Chicago Dallas St. Louis New York
Share Per Player $210 $313 $1,469 $3,508 $7,819 $8,500 $18,000 $27,000 $33,000 $37,500
Dollar Value $3,333 $4,742 $16,885 $27,193 $51,440 $32,818 $34,682 $36,734 $41,044 $37,500
in 2007
$2.50
$2.00
$1.50
$1.00
$0.50
$0.00
1900 1912 1923 1933 1943 1953 1963 1973 1983 1993 2000 2006
Year
1900 1912 1923 1933 1943 1953 1963 1973 1983 1993 2000 2006
Price/loaf $0.05 $0.05 $0.10 $0.08 $0.10 $0.18 $0.25 $0.33 $0.54 $0.76 $0.88 $1.04
Dollar Value in 2007 $1.22 $1.06 $1.22 $1.27 $1.20 $1.40 $2.23 $1.54 $1.13 $1.09 $1.06 $1.07
634
THE VALUE OF A DOLLAR Items in the Refrigerator
$9.00
$8.00
$7.00
$6.00
$5.00
$4.00
$3.00
$2.00
$1.00
$0.00
1900 1913 1923 1933 1943 1953 1963 1973 1983 1993 1999 2006
Year
1900 1913 1923 1933 1943 1953 1963 1973 1983 1993 1999 2006
Price/pound $0.27 $0.38 $0.55 $0.29 $0.53 $0.80 $0.74 $0.93 $2.07 $1.93 $2.27 $2.09
Dollar Value in 2007 $6.59 $7.92 $6.71 $4.60 $6.39 $6.20 $5.07 $4.35 $4.31 $2.77 $2.82 $2.15
635
Items in the Refrigerator THE VALUE OF A DOLLAR
$7.00
$6.00
$5.00
$4.00
$3.00
$2.00
$1.00
$0.00
1900 1913 1923 1933 1943 1953 1963 1973 1983 2000 2006
Year
1900 1913 1923 1933 1943 1953 1963 1973 1983 2000 2006
Price/pound $0.14 $0.20 $0.42 $0.38 $0.32 $0.55 $0.67 $0.49 $1.38 $3.55 $4.02
Dollar Value $3.41 $4.17 $5.12 $6.03 $3.86 $4.26 $4.53 $2.29 $2.88 $4.27 $4.14
in 2007
636
THE VALUE OF A DOLLAR Items in the Refrigerator
$6.00
$5.00
$4.00
$3.00
$2.00
$1.00
$0.00
1900 1913 1923 1933 1943 1953 1963 1973 1983 1993 1999 2006
Year
1900 1913 1923 1933 1943 1953 1963 1973 1983 1993 1999 2006
Price/pound $0.13 $0.21 $0.36 $0.23 $0.45 $0.46 $0.42 $0.63 $0.69 $0.90 $1.07 $1.06
Dollar Value in 2007 $3.17 $4.38 $4.39 $3.65 $5.42 $3.57 $2.84 $2.94 $1.44 $1.29 $1.33 $1.09
637
Items in the Refrigerator THE VALUE OF A DOLLAR
$12.00
$10.00
$8.00
$6.00
$4.00
$2.00
$0.00
1900 1913 1923 1933 1943 1953 1963 1973 1983 1993 2000 2006
Year
1900 1913 1923 1933 1943 1953 1963 1973 1983 1993 2000 2006
Price/pound $0.16 $0.27 $0.35 $0.26 $0.30 $0.90 $0.70 $1.03 $2.45 $2.35 $3.54 $3.11
Dollar Value in 2007 $3.90 $5.63 $4.27 $4.13 $10.84 $6.98 $4.73 $4.81 $5.10 $3.37 $4.26 $3.20
638
THE VALUE OF A DOLLAR Items in the Refrigerator
$1.40
$1.20
$1.00
$0.80
$0.60
$0.40
$0.20
$0.00
1925 1935 1945 1955 1965 1975 1985 1995 2001 2007
Year
1925 1935 1945 1955 1965 1975 1985 1995 2001 2007
Price $0.05 $0.05 $0.05 $0.10 $0.10 $0.15 $0.50 $0.70 $0.75 $1.19
Dollar Value in 2007 $0.60 $0.76 $0.57 $0.78 $0.66 $0.58 $0.96 $0.95 $0.88 $1.19
639
Items in the Refrigerator THE VALUE OF A DOLLAR
$9.00
$8.00
$7.00
$6.00
$5.00
$4.00
$3.00
$2.00
$1.00
$0.00
1900 1913 1923 1933 1943 1953 1963 1973 1983 1993 2000 2006
Year
1900 1913 1923 1933 1943 1953 1963 1973 1983 1993 2000 2006
Price/dozen $0.23 $0.40 $0.57 $0.35 $0.61 $0.78 $0.61 $0.84 $0.87 $0.92 $0.91 $1.54
Dollar Value in 2007 $5.61 $8.33 $6.95 $5.56 $7.35 $6.05 $4.12 $3.93 $1.81 $1.32 $1.10 $1.58
640
THE VALUE OF A DOLLAR Items in the Refrigerator
$0.90
$0.80
$0.70
$0.60
$0.50
$0.40
$0.30
$0.20
$0.10
$0.00
1908 1918 1928 1938 1947 1958 1968 1978 1989 1995 2000 2007
Year
1908 1918 1928 1938 1947 1958 1968 1978 1989 1995 2000 2007
Price $0.02 $0.03 $0.03 $0.05 $0.05 $0.05 $0.05 $0.25 $0.40 $0.50 $0.50 $0.79
Dollar Value in 2007 $0.44 $0.41 $0.37 $0.74 $0.46 $0.36 $0.30 $0.80 $0.67 $0.68 $0.60 $0.79
641
Items in the Refrigerator THE VALUE OF A DOLLAR
$3.00
$2.50
$2.00
$1.50
$1.00
$0.50
$0.00
1965 1970 1975 1980 1986 1990 1994 2000 2006
Year
Price/pound $0.23 $0.40 $0.57 $0.35 $0.61 $0.78 $0.61 $0.84 $0.87
Dollar Value in 2007 $1.97 $1.76 $2.66 $1.84 $1.61 $1.81 $1.51 $1.06 $0.91
642
THE VALUE OF A DOLLAR Items in the Refrigerator
$1.40
$1.20
$1.00
$0.80
$0.60
$0.40
$0.20
$0.00
1955 1968 1974 1979 1984 1987 1990 1995 2000 2007
Year
1955 1968 1974 1979 1984 1987 1990 1995 2000 2007
Price $0.15 $0.18 $0.30 $0.43 $0.50 $0.62 $0.75 $0.85 $0.89 $0.89
Dollar Value in 2007 $1.16 $1.07 $1.26 $1.23 $1.00 $1.13 $1.19 $1.16 $1.04 $0.89
643
Items in the Refrigerator THE VALUE OF A DOLLAR
$2.50
$2.00
$1.50
$1.00
$0.50
$0.00
1900 1910 1920 1930 1941 1950 1960 1970 1980 1990 2000 2006
Year
1900 1910 1920 1930 1941 1950 1960 1970 1980 1990 2000 2006
Price/quart $0.05 $0.09 $0.17 $0.16 $0.16 $0.22 $0.32 $0.36 $0.54 $0.72 $0.73 $0.75
Dollar Value in 2007 $1.22 $1.96 $1.77 $1.98 $2.25 $1.90 $2.24 $1.93 $1.36 $1.14 $0.88 $0.77
644
THE VALUE OF A DOLLAR The Outdoors
THE OUTDOORS
Basketball
$180.00
$160.00
$140.00
$120.00
$100.00
$80.00
$60.00
$40.00
$20.00
$0.00
1900 1910 1920 1930 1941 1950 1960 1970 1980 1990 2000 2007
Year
1900 1910 1920 1930 1941 1950 1960 1970 1980 1990 2000 2007
Price $1.45 $4.75 $13.20 $12.75 $6.95 $8.95 $6.47 $11.50 $19.89 $28.88 $29.99 $39.99
Dollar Value in 2007 $35.37 $103.26 $137.50 $157.41 $97.89 $77.16 $45.24 $61.50 $50.10 $45.84 $36.09 $39.99
645
The Outdoors THE VALUE OF A DOLLAR
THE OUTDOORS
Bicycle*
$450.00
$400.00
$350.00
$300.00
$250.00
$200.00
$150.00
$100.00
$50.00
$0.00
1900 1910 1920 1930 1941 1950 1960 1970 1980 1990 2000 2007
Year
1900 1910 1920 1930 1941 1950 1960 1970 1980 1990 2000 2007
Price $15.75 $15.95 $35.95 $23.85 $28.95 $37.50 $47.95 $52.95 $89.99 $99.99 $69.99 $79.64
Dollar Value in 2007 $384.15 $346.74 $374.48 $294.44 $425.74 $323.28 $335.21 $283.16 $226.68 $157.14 $84.22 $79.64
THE OUTDOORS
Fishing Reel
$60.00
$50.00
$40.00
$30.00
$20.00
$10.00
$0.00
1900 1910 1920 1930 1941 1950 1960 1970 1980 1990 2000 2007
Year
1900 1910 1920 1930 1941 1950 1960 1970 1980 1990 2000 2007
Price $1.50 $1.21 $3.38 $2.98 $2.79 $3.59 $5.87 $9.89 $21.00 $22.99 $29.00 $39.00
Dollar Value in 2007 $36.59 $26.30 $35.21 $36.79 $39.30 $30.95 $41.05 $52.89 $52.90 $36.49 $34.90 $39.00
647
The Outdoors THE VALUE OF A DOLLAR
THE OUTDOORS
Fishing Rod
$120.00
$100.00
$80.00
$60.00
$40.00
$20.00
$0.00
1900 1910 1920 1930 1941 1950 1960 1970 1980 1990 2000 2007
Year
1900 1910 1920 1930 1941 1950 1960 1970 1980 1990 2000 2007
Price $2.15 $1.43 $5.18 $4.98 $7.79 $8.95 $12.67 $17.50 $35.99 $33.99 $59.99 $69.95
Dollar Value in 2007 $52.44 $31.09 $53.96 $61.48 $109.72 $77.16 $88.60 $93.58 $90.65 $53.95 $72.19 $69.95
648
THE VALUE OF A DOLLAR The Outdoors
THE OUTDOORS
Golf Ball
$9.00
$8.00
$7.00
$6.00
$5.00
$4.00
$3.00
$2.00
$1.00
$0.00
1901 1910 1915 1925 1935 1940 1955 1965 1975 1985 1995 1999 2007
Year
1901 1910 1915 1925 1935 1940 1955 1965 1975 1985 1995 1999 2007
Brand Park Practice Goodrich Eclipse Aristo X-Pert Johnny Gene Advisory Power- MacGregor Titleist Callaway
Ball Ball Stag Cover High Bulla Sarazen Staff Flite Dt Spin HX Hot
Ball Grade Tournament
Price $0.29 $0.08 $0.29 $0.45 $0.46 $0.55 $0.73 $0.95 $0.79 $0.92 $1.25 $3.08 $2.08
Dollar Value $7.07 $1.74 $5.92 $5.36 $6.97 $8.09 $5.66 $6.25 $3.05 $2.41 $1.70 $3.83 $2.14
in 2007
649
The Outdoors THE VALUE OF A DOLLAR
THE OUTDOORS
Golf Clubs (1 set)
$1,200.00
$1,000.00
$800.00
$600.00
$400.00
$200.00
$0.00
1901 1915 1925 1935 1946 1955 1965 1970 1980 1990 2000 2007
Year
1901 1915 1925 1935 1946 1955 1965 1970 1980 1990 2000 2007
Price $9.85 $11.10 $20.25 $23.31 $66.54 $87.00 $146.49 $135.00 $189.99 $222.00 $349.00 $399.00
Dollar Value in 2007 $240.24 $226.53 $241.07 $353.18 $707.87 $674.42 $963.75 $721.93 $478.56 $352.38 $419.98 $399.00
650
THE VALUE OF A DOLLAR The Outdoors
THE OUTDOORS
Hammock
$90.00
$80.00
$70.00
$60.00
$50.00
$40.00
$30.00
$20.00
$10.00
$0.00
1905 1915 1925 1930 1946 1955 1965 1975 1990 2000 2007
Year
1905 1915 1925 1930 1946 1955 1965 1975 1990 2000 2007
Price $0.55 $1.98 $1.95 $2.98 $3.89 $8.95 $7.47 $16.50 $34.00 $64.99 $80.00
Dollar Value $12.79 $40.41 $23.21 $40.82 $41.38 $69.38 $49.14 $63.71 $53.97 $78.21 $80.00
in 2007
1930: For Summer Comfort—A Jacquard weave hammock! Completely comfortable, thoroughly
durable, made of strong tested warp year.
1955: Heavy Jacquard Woven Cotton Hammock—3-point suspension style. Colorful white diamond
design on red background.
1965: Sleeper Hammock won’t rock or tilt—Just swings gently to coax you to sleep. Green cotton plaid.
2007: Byer of Maine Barbados XL Hammock NEW 2007—Perfect for one, cozy for two, the Barbados is
the ideal hammock for sharing a relaxing afternoon, or dreaming of how nice sharing a
hammock would be.
651
The Outdoors THE VALUE OF A DOLLAR
THE OUTDOORS
Harley-Davidson Motorcycle*
$14,000
$12,000
$10,000
$8,000
$6,000
$4,000
$2,000
$0
1903 1913 1923 1933 1943 1953 1963 1978 1983 1993 2000 2007
Year
1903 1913 1923 1933 1943 1953 1963 1978 1983 1993 2000 2007
Price $200 $290 $275 $188 $385 $405 $460 $4,100 $4,345 $5,895 $5,595 $6,990
Dollar Value in 2007 $4,651 $6,041 $3,353 $2,984 $4,879 $4,139 $3,108 $13,057 $9,052 $8,457 $6,732 $6,990
During the 1930s, Harley-Davidson was one of only two motorcycle manufacturers to survive the
Great Depression.
During World War II, Harley-Davidson built over 90,000 motorcycles for the United States and its allies
for military use.
Black leather jackets developed as a “lifestyle” statement during the 1950s and 1960s.
By the late 1960s and 1970s, the company had to compete against low-priced imports from Asia.
By the early 1980s, the company’s management developed a focus on quality and improved
manufacturing processes. By 1986, the company went public with a stock offering.
*Prices listed are for least expensive Harley Davidson motorcycle available during that year.
652
THE VALUE OF A DOLLAR The Outdoors
THE OUTDOORS
Hiking Boots
$180.00
$160.00
$140.00
$120.00
$100.00
$80.00
$60.00
$40.00
$20.00
$0.00
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Year
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Price $3.35 $5.75 $7.50 $5.95 $6.45 $10.75 $17.70 $21.97 $64.99 $89.87 $98.00 $120.00
Dollar Value in 2007 $81.71 $125.00 $78.13 $73.46 $94.85 $92.67 $123.78 $117.49 $163.70 $142.81 $117.93 $120.00
653
The Outdoors THE VALUE OF A DOLLAR
THE OUTDOORS
Lawn Mower*
$1,200.00
$1,000.00
$800.00
$600.00
$400.00
$200.00
$0.00
1921 1931 1938 1945 1956 1966 1978 1986 1992 2002 2007
Year
1921 1931 1938 1945 1956 1966 1978 1986 1992 2002 2007
Price $12.00 $6.85 $6.42 $87.95 $89.50 $96.50 $119.00 $239.99 $199.99 $350.00 $340.00
Dollar Value $121.00 $93.84 $94.41 $1,010.92 $683.21 $618.59 $378.98 $453.67 $295.41 $403.23 $340.00
in 2007
* From 1920-1944 lawn mowers were push design. By 1945, power motors were available.
654
THE VALUE OF A DOLLAR The Outdoors
THE OUTDOORS
Shotgun*
$250.00
$200.00
$150.00
$100.00
$50.00
$0.00
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Year
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Price $5.20 $2.98 $9.45 $6.79 $7.45 $17.45 $29.95 $39.99 $54.00 $74.00 $99.97 $101.00
Dollar Value in 2007 $126.83 $64.78 $98.44 $83.83 $109.56 $150.43 $209.44 $213.85 $136.02 $117.46 $120.30 $101.00
THE OUTDOORS
Tennis Racquet
$350.00
$300.00
$250.00
$200.00
$150.00
$100.00
$50.00
$0.00
1915 1920 1925 1930 1935 1940 1943 1950 1955 1960 1965 1970 1975 1981 1986 1994 1999 2007
Year
Brand New Invincible Super Laminated Ellsworth Squire Squire Jack Kramer Sedgeman
Bancroft Driver Stroke AAA Vines Autograph Squire
Price $9.00 $12.00 $15.00 $15.00 $15.00 $17.50 $21.00 $20.00 $23.00
Dollar Value $183.67 $125.00 $178.57 $185.19 $227.27 $257.35 $253.01 $172.41 $178.29
in 2007
656
THE VALUE OF A DOLLAR The Sports Page
$180.00
$160.00
$140.00
$120.00
$100.00
$80.00
$60.00
$40.00
$20.00
$0.00
1903 1905 1910 1915 1920 1925 1930 1935 1940 1945 1950 1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2007
Year
1903 1905 1910 1915 1920 1925 1930 1935 1940 1945 1950
# Games Played 8 5 5 5 7 7 6 6 7 7 4
Avg. Ticket Price $0.50 $0.75 $1.40 $2.33 $3.16 $4.18 $4.49 $3.75 $4.34 $4.48 $4.87
Dollar Value in 2007 $11.63 $17.44 $30.43 $45.51 $32.92 $49.76 $55.43 $56.82 $63.82 $51.49 $41.98
1955 1960 1965 1970 1975 1980 1985 1990 1995 2000 2007
# Games Played 7 7 7 5 7 6 7 4 6 5 4
Avg. Ticket Price $6.45 $6.38 $8.17 $10.27 $10.97 $15.81 $29.56 $43.33 $46.31 $131.42 $109.08
Dollar Value in 2007 $50.00 $44.62 $53.75 $54.92 $42.36 $39.82 $56.96 $68.78 $63.01 $158.15 $109.08
* Avg. ticket price based upon total attendance and total receipts collected.
657
The Sports Page THE VALUE OF A DOLLAR
$35.00
$30.00
$25.00
$20.00
$15.00
$10.00
$5.00
$0.00
1950 1960 1970 1980 1991 2000 2007
Year
Avg. Ticket Price $1.44 $1.83 $2.08 $4.73 $10.10 $14.30 $32.69
Dollar Value in 2007 $12.41 $12.80 $11.12 $11.91 $15.37 $17.21 $32.69
658
THE VALUE OF A DOLLAR The Sports Page
$70.00
$60.00
$50.00
$40.00
$30.00
$20.00
$10.00
$0.00
1960 1965 1970 1975 1980 1985 1990 1995 2001 2007
Year
1960 1965 1970 1975 1980 1985 1990 1995 2001 2007
Avg. Ticket Price $3.33 $4.00 $6.78 $10.00 $13.57 $17.54 $26.50 $30.40 $49.00 $53.66
Dollar Value in 2007 $23.29 $36.32 $36.26 $38.61 $34.18 $33.80 $42.06 $41.36 $57.38 $53.66
659
The Sports Page THE VALUE OF A DOLLAR
$700.00
$600.00
$500.00
$400.00
$300.00
$200.00
$100.00
$0.00
1967 1971 1976 1981 1986 1991 1996 2001 2007
Year
Year 1967 1971 1976 1981 1986 1991 1996 2001 2007
Ticket Price $12.00 $15.00 $20.00 $40.00 $75.00 $150.00 $350.00 $400.00 $600.00
Dollar Value $74.53 $76.92 $72.99 $91.32 $141.78 $228.31 $462.35 $468.38 $600.00
in 2007
660
THE VALUE OF A DOLLAR The Sports Page
$1,600,000
$1,400,000
$1,200,000
$1,000,000
$800,000
$600,000
$400,000
$200,000
$0
1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2007
Year
Winning Horse Lieut. Gibson Donau Paul Jones Gallan Fox Gallahadion Middleground
Earning from Winner $4,850 $4,850 $30,375 $50,725 $60,150 $92,650
Dollar Value in 2007 $118,292 $105,434 $316,406 $626,234 $884,558 $798,706
Winning Horse Venetian Way Dust Commander Genuine Risk Unbridled Fusaichi Pegasus Street Sense
Earning from Winner $114,850 $127,800 $250,550 $581,000 $1,038,400 $1,450,000
Dollar Value in 2007 $803,146 $683,422 $631,108 $922,222 $1,249,578 $1,450,000
661
The Sports Page THE VALUE OF A DOLLAR
$600,000,000
$500,000,000
$400,000,000
$300,000,000
$200,000,000
$100,000,000
$0
1953 1973 1978 1983 1988 1993 1998 2003 2007
Year
Network TV Contracts $39,000 $9,000,000 $10,500,000 $22,975,000 $43,250,000 $105,250,000 $404,000,000 $400,000,000 $400,000,000
Dollar Value in 2007 $302,235 $42,056,000 $33,439,000 $47,864,000 $75,744,000 $151,004,000 $513,994,000 $450,958,000 $400,000,000
662
THE VALUE OF A DOLLAR Travel & Entertainment
$70.00
$60.00
$50.00
$40.00
$30.00
$20.00
$10.00
$0.00
1955 1960 1964 1970 1975 1980 1985 1990 1995 2000 2007
Year
1955 1960 1964 1970 1975 1980 1985 1990 1995 2000 2007
Adult Admission $3.50 $3.95 $5.65 $4.50 $6.00 $8.50 $16.50 $25.50 $33.00 $41.00 $63.00
Dollar Value in 2007 $27.13 $27.62 $37.67 $32.09 $23.17 $21.41 $31.79 $40.48 $44.90 $49.34 $63.00
Disney started phasing out the tickets in the late 1970’s and early 1980’s and began instituting the
unlimited passports. This occurred when other theme parks started selling all-inclusive tickets in the
1970’s.
Disneyland established the all-inclusive passport by June of 1982.
663
Travel & Entertainment THE VALUE OF A DOLLAR
$1,800.00
$1,600.00
$1,400.00
$1,200.00
$1,000.00
$800.00
$600.00
$400.00
$200.00
$0.00
1931 1941 1951 1961 1971 1981 1991 1999 2007
Year
Advertised Ticket Price $119.00 $80.91 $48.00 $46.50 $75.00 $149.00 $198.00 $222.00 $249.00
Dollar Value in 2007 $1,630.14 $1,139.58 $384.00 $322.92 $384.62 $340.18 $301.37 $276.12 $249.00
664
THE VALUE OF A DOLLAR Travel & Entertainment
$25,000
$20,000
$15,000
$10,000
$5,000
$0
1904 1915 1924 1934 1946 1955 1965 1975 1985 1995 1998 2007
Year
1904 1915 1924 1934 1946 1955 1965 1975 1985 1995 1998 2007
Price $850 $440 $260 $460 $1,074 $1,606 $2,313 $2,769 $5,620 $9,560 $11,280 $13,425
Dollar Value $19,767 $8,979 $3,170 $7,076 $11,425 $12,449 $15,214 $10,691 $10,828 $13,006 $14,351 $13,425
in 2007
$9.00
$8.00
$7.00
$6.00
$5.00
$4.00
$3.00
$2.00
$1.00
$0.00
1900 1910 1924 1934 1940 1950 1961 1970 1980 1990 2000 2007
Year
1900 1910 1924 1934 1940 1950 1961 1970 1980 1990 2000 2007
Ticket Price $0.05 $0.07 $0.25 $0.23 $0.24 $0.53 $0.69 $1.55 $2.69 $4.23 $5.39 $6.88
Dollar Value in 2007 $1.22 $1.52 $3.05 $3.54 $3.53 $4.57 $4.79 $8.29 $6.78 $6.71 $6.49 $6.88
666
THE VALUE OF A DOLLAR Travel & Entertainment
$140.00
$120.00
$100.00
$80.00
$60.00
$40.00
$20.00
$0.00
1949 1952 1964 1970 1975 1981 1986 1991 1995 1998 2007
Year
1949 1952 1964 1970 1975 1981 1986 1991 1995 1998 2007
Price/Bottle $1.50 $2.00 $3.00 $6.50 $13.50 $27.00 $35.00 $40.00 $75.00 $100.00 $90.00
Dollar Value in 2007 $13.04 $15.63 $20.00 $34.76 $52.12 $61.64 $66.16 $60.88 $102.04 $127.23 $90.00
667
Travel & Entertainment THE VALUE OF A DOLLAR
$160.00
$140.00
$120.00
$100.00
$80.00
$60.00
$40.00
$20.00
$0.00
1903 1913 1923 1939 1949 1958 1961 1975 1985 1993 1999 2007
Year
1903 1913 1923 1939 1949 1958 1961 1975 1985 1993 1999 2007
Nightly Rate $2.00 $2.00 $3.00 $4.00 $3.75 $9.00 $14.00 $31.00 $55.00 $104.00 $99.00 $103.00
Dollar Value in 2007 $46.51 $41.67 $36.59 $59.70 $78.26 $64.75 $97.22 $119.69 $105.97 $149.21 $123.13 $103.00
668
THE VALUE OF A DOLLAR Travel & Entertainment
$2,000
$1,800
$1,600
$1,400
$1,200
$1,000
$800
$600
$400
$200
$0
1911 1922 1931 1941 1951 1961 1971 1981 1991 1999 2005
Year
1911 1922 1931 1941 1951 1961 1971 1981 1991 1999 2005
Minimum Fare $31 $50 $55 $70 $125 $175 $210 $825 $895 $950 $799
Dollar Value in 2007 $673 $617 $753 $985 $1,000 $1,215 $1,076 $1,883 $1,362 $1,181 $848
669
Travel & Entertainment THE VALUE OF A DOLLAR
$1,600.00
$1,400.00
$1,200.00
$1,000.00
$800.00
$600.00
$400.00
$200.00
$0.00
1905 1915 1925 1935 1945 1955 1965 1975 1985 1995 2000 2007
Year
1905 1915 1925 1935 1945 1955 1965 1975 1985 1995 2000 2007
Ticket Price $63.34 $63.66 $92.55 $64.49 $51.70 $75.77 $109.55 $153.50 $504.00 $253.00 $720.00 $360.00
Dollar Value $1,473.00 $1,299.00 $1,101.00 $977.00 $595.00 $587.00 $717.00 $592.00 $971.00 $344.00 $866.00 $360.00
in 2007
670
THE VALUE OF A DOLLAR Travel & Entertainment
$25.00
$20.00
$15.00
$10.00
$5.00
$0.00
1925 1935 1945 1955 1965 1975 1985 1995 1999 2007
Year
1925 1935 1945 1955 1965 1975 1985 1995 1999 2007
Cost/Roll $0.40 $0.39 $0.32 $0.43 $2.89 $5.33 $5.70 $6.00 $6.50 $5.99
Dollar Value in 2007 $4.76 $5.91 $3.68 $3.33 $19.01 $20.58 $10.98 $8.16 $8.08 $5.99
671
Travel & Entertainment THE VALUE OF A DOLLAR
$250.00
$200.00
$150.00
$100.00
$50.00
$0.00
1905 1923 1931 1951 1961 1971 1981 1991 1999 2007
Year
1905 1923 1931 1951 1961 1971 1981 1991 1999 2007
Price $3.00 $6.00 $5.00 $15.95 $31.00 $44.50 $75.00 $105.00 $125.00 $195.40
Dollar Value in 2007 $69.77 $73.17 $68.49 $127.60 $215.28 $228.21 $171.23 $159.82 $155.47 $195.40
672
THE VALUE OF A DOLLAR Travel & Entertainment
$120.00
$100.00
$80.00
$60.00
$40.00
$20.00
$0.00
1908 1918 1928 1938 1948 1958 1968 1978 1988 1998 2007
Year
1908 1918 1928 1938 1948 1958 1968 1978 1988 1998 2007
Ticket Price $2.00 $2.00 $3.50 $2.50 $6.00 $8.05 $9.90 $17.00 $50.00 $75.00 $85.00
Dollar Value in 2007 $44.44 $27.40 $42.68 $36.76 $51.72 $57.91 $59.93 $54.14 $87.57 $95.42 $85.00
* Best Seating
673
General Sources
Chapter Introductions: Primary sources are Charles Selected Income: Sources are indicated in individual
Sellers, Henry May, Neil R. McMillen, A Synopsis of entries.
American History, 7th edition (Chicago: Dee, 1992);
Richard B. Morris, ed., Encyclopedia of American Standard Income: Paul H. Douglas, Real Wages in the
History (New York, Evanston, San Francisco, & United States, 1890–1926 (New York: Augustus Kelley,
London: Harper & Row, 1975); and Historical Statistics 1966); Stanley Lebergott, Manpower in Economic
of the United States, Colonial Times to 1970 Growth: The American Record Since 1800 (New York:
(Washington, D.C.: Government Printing Office, 1975). McGraw-Hill, 1964); Department of Commerce
Bureau of Economic Analysis, The National Income
Historical Snapshots: Primary sources are James and Product Accounts of the United States, 1929–1988
Trager, ed., The People’s Chronology; A Year-by-Year Statistical Tables (Washington, D.C.: Government
Record of Human Events from Prehistory to the Printing Office, 1989); and Department of Commerce,
Present (New York: Holt, 1992); and Encyclopedia of Bureau of Economic Analysis, Business Statistics,
American History. 1963–1991 (Washington, D.C.: Government Printing
Office, 1992).
Consumer Expenditures: Sources for these figures
are J. Frederick Dewhurst, America’s Needs and Food Basket: Department of Commerce and Labor,
Bulletin of Bureau of Labor (Washington, D.C.:
Resources: A New Survey (New York: Twentieth-
Government Printing Office) no. 71 (1907), no. 105 (1912);
Century Fund, 1955); Department of Commerce,
Department of Labor, Bureau of Labor Statistics, Retail
Bureau of Economic Analysis, The National Income
Prices (Washington, D.C.: Government Printing Office)
and Product Accounts, 1929–1988 Statistical Tables
Bulletin 140 (1914), 270 (1921), 300 (1922), 315 (1923), 334
(Washington, D.C.: Government Printing Office,
(1923), 366 (1925), 418 (1926), 464 (1928), 495 (1929), 635
1989); Bureau of Foreign and Domestic Commerce,
(1937), 707 (1942), 799 (1944), 899 (1947), 938 (1948), 965
Statistical Abstract of the United States, 1990 and 1991
(1949), 1032 (1950), 1055 (1951), 1141 (1953), 1183 (1955),
(Washington, D.C.: Government Printing Office, 1990
1217 (1957), 1254 (1959), 1301 (1961), 1446 (1964), 1632
and 1991); and U.S. Bureau of the Census, Current
(1969); Estimated Retail Food Prices by Cities, 1969– 1977
Population Reports, series P-25, nos. 311, 1045, and
(Washington, D.C.: Government Printing Office, 1978);
1069. Handbook of Labor Statistics, 1978, Bulletin 20
(Washington, D.C.: Government Printing Office, 1979);
Investments: For Basic Yields of Corporate Bonds, American Chamber of Commerce Researcher’s
Short-term Interest Rates, Basic Yield Common Association, Cost of Living Index, 1986–1987 (Alexandria,
Stocks, and Index of Common Stocks, the source is Va.: American Chamber of Commerce Researcher’s
Historical Statistics of the United States, Colonial Times Association, 1987); Inter-City Cost of Living Index,
to 1970, and for the period from 1970 to 1989, Board 1988–1990 (Alexandria, Va.: American Chamber of
of Governors of the Federal Reserve System, Federal Commerce Researcher’s Association, 1990).
Reserve Bulletin, May issue, 1971–1990; U.S.
Department of Commerce, Bureau of Economic Selected Prices: Sources are indicated in individual
Analysis, Survey of Current Business (Washington, entries; complete citations for books are provided in
D.C.: Government Printing Office, 1971–1990). For the bibliography.
price quotes and dividends, The Wall Street Journal.
For information about stock splits, Capital Changes Standard Prices: Sears, Roebuck Catalogues (ceased
Reports (Chicago: Commerce Clearing House, 1993). publication after 1992).
Note that only splits and dividends are reported.
Other factors affecting stock value, such as rights Miscellany: Sources are indicated in individual
offered to debentures or other offerings, are omitted. entries.
675
Pricing Trends Sources
Amtrak National Football League
Beaulieu Vineyard National Railroad Historical Society
Brooks Brothers New York Times
Cantigny First Division Foundation Playboy Magazine
Center of Disease Control Richland County Library
Chicago Historical Society Sears Roebuck
Chicago Tribune Statistical Abstract of the United States
Cleveland Public Library Sunbeam Corporation
CNN The Atlanta Constitution
Conde Nast The Atlantic Monthly Group
Consumer Digest The Sporting News Pro Football Guide 2002
Dublin Dr. Pepper Bottling Company Museum Edition
Eureka The Standard Catalog of Comic Books,
Ford Motor Company 2nd Edition
Golf Digest The State
Harley Davidson Data Book Time Warner
Harley Davidson Sales Company United States Census Bureau
Herman’s United States Domestic Postage Rate: History
Hershey University of Oregon
J.C.Penny University of South Carolina
Lady’s Home Journal US Treasury of the United States
Major League Baseball USA Today
McDonald’s Yesterland Website
National Association of Home Builders Zippo
National Association of Theatre Owners and Box
Office Managers
676
Bibliography
Victor Bondi, ed. American Decades: 1930–1939. Detroit, Washington, D.C. & London: Gale Research/Manly, 1995.
Bondi, ed. American Decades: 1940–1949. Detroit, Washington, D.C. & London: Gale Research/Manly, 1995.
Bondi, ed. American Decades: 1980–1989. Detroit, Washington, D.C. & London: Gale Research/Manly, 1996.
James E. B. Breslin. Mark Rothko: A Biography. Chicago: University of Chicago Press, 1993.
John Brooks. Telephone: The First Hundred Years. New York: Harper & Row, 1976.
Mary A. Bufwack and Robert K. Oerman. Finding Her Voice, The Saga of Women in Country Music. New York:
Crown Publisher, 1993.
Lyle W. Dorsett. Billy Sunday and the Redemption of Urban America. Grand Rapids, Mich.: Eerdmanns, 1991.
Susan J. Douglas. Inventing American Broadcasting. Baltimore, Md.: Johns Hopkins University Press, 1987.
Scott Eyman. Mary Pickford: America’s Sweetheart. New York: Donald I. Fine, 1990.
John Feinstein. Play Ball: The Life and Troubled Times of Major League Baseball. New York: Villard, 1993.
Kristine Fredriksson. American Rodeo: From Buffalo Bill to Big Business. College Station: Texas A&M
University Press, 1985.
Harvey Frommer. Shoeless Joe and Ragtime Baseball. Dallas, Tex.: Taylor, 1992.
James Grant. Bernard Baruch: The Adventures of a Wall Street Legend. New York: Simon & Schuster, 1983.
Warren G. Harris. Lucy and Desi: The Legendary Love Story. Simon & Schuster: New York, 1991.
Adelaide Hechtinger. The Great Patent Medicine Era. New York: Madison Square Press, 1970.
James D. Horan. Mathew Brady: Historian with a Camera. New York: Bonanza Books, 1965.
Harry Hunt III, Texas Rich: The Hunt Dynasty From The Early Oil Days Through The Silver Crash. New York:
Norton, 1981.
Justin Kaplan. Lincoln Steffens. New York: Simon & Schuster, 1974.
Philip B. Kunhardt, Philip B. Kunhardt III, and Peter W. Kunhardt. P.T. Barnum, America’s Greatest Showman.
New York: Knopf, 1995.
Richard M. Langworth and Graham Robson. Complete Book of Collectible Cars, 1930–1980. New York:
Beekman House, 1985.
677
Bibliography THE VALUE OF A DOLLAR
Richard Layman, ed. American Decades: 1950–1959. Detroit, Washington, D.C. & London: Gale Research/
Manly, 1994.
Catherine Legrand and Robyn Karney. Chronicle of the Cinema. New York: Dorling Kindersley, 1995.
Robert A. Margo. Race and Schooling in the South. Chicago: University of Chicago Press, 1990.
Lee O. Miller. The Great Cowboy Stars of Movies and Television. New Rochelle, N.Y.: Arlington House, 1979.
Joyce Milton. Loss of Eden: A Biography of Charles and Anne Morrow Lindbergh. New York: Harper Collins,
1993.
Ward Morehouse. George Cohan: Prince of the American Theater. Philadelphia: Lippincott, 1943.
Cecil Munsey. The Illustrated Guide to the Collectibles of Coca-Cola. New York: Hawthorn, 1972.
Steven Naifeh and Gregory White Smith. Jackson Pollock: An American Saga. New York: C. N. Potter, 1989.
Bob Rains, St. Louis Cardinals: The 100th Anniversary History. New York: St. Martin’s Press, 1992.
Jeffrey Robinson. Bardot: An Intimate Portrait. New York: Donald I. Fine, 1994.
Patrick Sameway. Walker Percy: A Life. New York: Farrar, Strauss & Giroux, 1997.
Joseph J. Schroeder Jr. The Wonderful World of Automobiles. Chicago: Follett, 1971.
Edward L. Throm, ed. Popular Mechanics Picture History of American Transportation. New York: Simon &
Schuster, 1952.
Vincent Tompkins, ed. American Decades: 1900–1909. Detroit, Washington, D.C. & London: Gale Research/Manly,
1996.
Tompkins, ed. American Decades: 1910–1919. Detroit, Washington, D.C. & London: Gale Research/Manly, 1996.
J. Chal Vinson. Thomas Nast: Political Cartoonist. Athens: University of Georgia Press, 1967.
678
Index
A women, 17, 56, 82, 109, 134, 159, 185, 211, 233, 259,
Advertising 284, 361, 309, 334, 389, 414, 436, 460, 477, 496,
budget, 15, 184, 201, 349 516, 538, 567
rates, 15, 158, 184, 210, 459 Appliances
revenue, 379 air conditioner, 389, 497, 539
Age of endeavor (1860–1899), 1-44 air purifier, 497
background, 1-2 burner and chimney, 19
historical snapshot, 3-6 camcorder, 478
income, selected, 7 coffee pot/maker, 83, 161, 185, 478
investments, 8 cordless drill, 539
jobs, standard salaries for, 9-14 dishwasher, 146, 389, 497, 539, 568
miscellany, 43-44 dryer, 389, 568
prices, selected, 15-42 Earth Hour, 556
Alcohol expanded sales and use of, 147-148, 246
beer/ale, 81, 388, 434, 459, 537, 566 fireplace gas logs, 539
bourbon, 258 freezer, 389
champagne, 537, 566 gas grill, 539
cognac, 308 heaters, 19, 56, 84, 161, 162, 185, 212, 478, 497, 539
gin, 133, 145, 258, 283, 308, 333, 495 iron, 161, 185, 212, 539
licenses, 70 lantern, 539
liquor, 145, 258, 283, 495, 566 linen press, 56
revenue, 377 microwave, 478, 497, 539, 568
rum, 133, 145, 388, 495 oven, 389
rye, 283, 308 pricing trends, 587-589, 595
scotch, 333, 359, 388 radiator, 56, 135
vodka, 333, 434, 459, 495 range, 56, 83, 161, 185, 212, 233, 389, 478
whiskey, 55, 81, 107, 133, 145, 258, 283, 308, 333, refrigerator, 57, 83, 162, 233, 389, 478, 497, 539, 568
359, 388, 414, 495 small kitchen, 162, 185, 186, 212, 213, 233, 478,
wine, 55, 459, 495, 516, 537, 566 517, 539, 568
American Federation of Labor (AF of L), 2, 47, 72, stereo, 539, 567
201, 324 stove, 57, 83, 161, 162, 185, 212, 233, 362, 568
Anti-Inflationary Act, 274 television, 478, 540, 567, 568
Apparel toilet/water closet, 57, 135
baby, 57, 84, 110, 261, 311, 438, 538 vacuum cleaner, 110, 135, 162, 185, 213, 233, 390,
children, 15, 55, 81, 107, 133, 158, 184, 210, 233, 478, 497, 517
258, 283, 308, 333, 359, 388, 414, 434, 459, 477, VCR, 517
495, 537, 566 walkman, 540
consumer expenditures, 103, 127, 152, 178, 204, washing machine, 57, 84, 162, 213, 390, 568
227, 252, 277, 302, 327, 353, 383, 409, 429, 453, whirlpool tub, 517
472, 489, 510, 531, 560 wine cooler, 540
men, 15, 55, 81, 107, 133, 158, 184, 210, 233, 259, Automobiles
283, 308, 322, 334, 360, 388, 414, 435, 459, 477, consumer expenditures, 75, 103, 127, 152, 178, 204,
495, 516, 537, 567 227, 252, 277, 302, 327, 353, 383, 409, 429, 453,
pajama trend, 553 472, 489, 510, 531, 560
pricing trends, 600-612 insurance for, first, 175
679
Index THE VALUE OF A DOLLAR
couch/sofa, 235, 337, 367, 463, 480-481, 500, flower seeds, 264, 289, 441, 463
544, 571 garden hose, 61, 313, 394, 500, 572
cupboard, 288 garden labels, 519
davenport, 215 garden tractor, 236, 394
desk, 61, 89, 367, 393, 518, 544 grapevines, 25
dining room, 60, 113, 288, 313, 393, 500 grass, 394
dining table, 89, 113, 417, 500 greenhouse, 289
dresser, 164, 263, 463 hatchet, 289
folding table, 289 ladder, 367
glider, 288 landscape designs, 572
gun rack, 313 lawn duster/sweeper, 393, 441
hall furniture, 89, 138 lawn mower, 90, 165, 216, 263, 289, 313, 394, 481,
hassock, 288 500, 545, 572, 654
hide-a-bed, 313 lawn ornaments, 394, 545
kitchen, 113, 164, 235 mulch, 545
lamp, 60, 113, 263, 288, 337, 500 outdoor vacuum, 394
lantern, 61 patio/outdoor furniture, 393-394, 545
living room, 164, 235, 393, 441 pesticide, 25, 500
living room table, 138, 263, 288, 481 plants, 25, 189, 216, 289, 463, 481, 545, 572
lounge, 367, 500, 571 potato planter, 113
mantel, 61, 235 pruning shears, 61, 263, 463
mattress, 137, 164, 216, 235, 263, 393, 417, 571 roses, 26, 90, 263-264, 289, 543
media cabinet, 216, 263, 288, 441, 481, 518 saw, 189, 367
mirror, 89, 113, 235, 288 shovel, 216, 572
nightstand, 393 shrubs, 216, 289, 500
parlor suite, 61, 113 soil, 463
patio umbrella, 367 spreader, 113, 500
recliner, 393, 500, 518, 544 sprinkler, 26, 289, 338, 394
rocking chair, 61, 89, 113, 137 storage building, 545, 572
safe, 25 sweet pea seeds, 26, 138
settee, 138, 571 tiller, 394
shelves, 500 tomato seeds, 26
sofa bed, 288, 337 tree protectors, 90
stool, 216, 337 trees, 313
table, 89, 113, 313, 337, 367, 417, 441, 481, 544 trimmer, 393, 417, 545
table pad, 481 vegetable seeds, 26, 394, 441
tea wagon, 113, 138 wagon, 394
teachcart, 138 weed killer, 500
wheelbarrow, 189, 417
G Gold
Garden equipment and supplies Fort Knox as repository for, 224
arbor, 393, 519 prices, 201, 425, 426, 451
ax, 189, 236 Granger Movement, 2
bird bath, 393 Gross National Product, U.S., 1, 201, 245, 247, 274,
bird feeder, 441 299, 347, 349, 406
bird food, 289, 500
birdhouse, 164, 544
chrysanthemums, 25 H
composter, 572 Haymarket Massacre, 2
fence, 367, 441, 544 Historical perspective. See Pricing trends
fertilizer, 61, 394, 500 (1900–2007)
flower bulbs, 61, 89-90, 164, 216, 263, 289, 417, 441, Homestead Act, 2, 3
519, 544, 572 Homestead Massacre, 2
684
THE VALUE OF A DOLLAR Index
Hotel rates ring, 167, 265, 316, 369, 397, 419, 503, 521
prices, selected, 26, 61, 90, 113, 138, 165, 236, 264, scarf pin, 29
289, 313, 338, 367, 396, 417, 441, 463, 500, 519, wristwatch, 91-92, 115, 139, 167, 191, 237, 265, 291,
545, 572 316, 340, 369, 419, 443, 465, 503, 521, 546
pricing trends, 668 wedding ring, 265
zircon, 291
I Jim Crow laws enacted, 6
Immigration Jobs
1864, 3 men versus women, 71, 199
Ellis Island one-day record, 100 trends, 613-633
from Great Britain, 5 U.S. national average annual salary trends, 614
laws, 148
national origins quotas abolished, 379 M
Income tax Meals
earned income and, 174 breakfast, 369, 419
first levied, 3 buffet, 369, 521, 546
increases, 148, 299 chicken, 419
qualified payers, 224 dinner, 29, 92, 139, 191, 218-219, 265-266, 292, 369,
rate, 175 397, 419, 482, 503, 521, 573
receipts total, 299 dinner theatre, 369
ruled unconstitutional, 5 Easter Sunday, 503
Supreme Court on constitutionality of, 124 fish, 573, 574
withheld from paychecks, approval of, 247 hamburger, 340
Inflation, 3, 245, 247, 347-348, 426, 449, 451, 486, 507, hot dog, 139
552 lunch, 63, 139, 167, 292, 369, 397, 573
Vietnam War and, 348 oyster roast, 546
Insurance rates, 29, 91, 115, 139, 166, 191, 228, 340 pizza, 546
Interest rates, 8, 50, 75, 103, 128, 153, 179, 205, 245, steak, 547
253, 278, 303, 328, 348, 354, 384, 410, 430, 449, Medical products and services
451, 454, 473, 490, 511, 552 alcohol/liquor cure, 63, 116
slashed to spur economy, 486 antacid, 292, 316, 370
artificial leg, 29
J aspirin/pain reliever, 266, 316, 547
Jewelry bed pan, 419
baby, 84 biofeedback monitor, 419
bracelet, 91, 369, 418, 482, 521, 546, 573 camphor, 219, 237
cigarette case, 166, 443 cold/cough remedy, 139, 316, 340, 370, 419
class pin, 63 consultation fee, 29, 547
cuff buttons/links, 29, 91, 166, 291 consumer expenditures, 75, 103, 127, 152, 178, 204,
diamond ring, 115 227, 252, 277, 302, 327, 353, 383, 409, 429, 453,
diamond, 115, 166, 316 472, 489, 510, 531, 560
earrings, 166, 443, 482, 546, 573 corn remover, 292
engagement ring, 265, 573 cost of, 199, 200, 526
glove hook, 29 dental, 29-30, 92, 115, 167, 521
jewelry box/case, 369, 418 dentures, 64, 115, 574
lapel button, 166 dust mask, 191
necklace/chain, 166, 340, 369, 397, 443, 482, 503, eye drops, 419
521, 546, 573 eye examination, 547
pearls, 265 eye surgery, 547, 574
pendant, 291, 419, 465, 546 foot treatment, 266
pin/brooch, 29, 63, 166, 316, 397, 419, 465, 546 glasses, 63, 92
pocket flask, 63 glycerine tablets, 316
pocket watch, 29, 63, 166, 218, 397 hair laser removal, 573-574
685
Index THE VALUE OF A DOLLAR
consumer expenditures, 152, 178, 204, 227 camping, 197, 222, 240, 319, 344, 401-402, 422, 466,
food prices, 155-157, 181-183, 207-209, 230-232 504-505, 550-551
historical snapshots, 149, 175, 201, 224 canoeing, 171, 222
income, selected, 150-151, 176-177, 202-203, chair, 551
225-226 cycling, 39-40, 68, 195, 240, 344, 401, 445-446, 466,
investments, 153, 179, 205, 228 483-484, 522
jobs, standard salaries for, 154, 180, 206, 229 exercise equipment, 505, 522, 551, 576
miscellany, 173-174, 199-200, 223, 243-244 field glasses, 69, 171, 241
prices, selected, 158-172, 184-198, 210-222, fishing, 39-40, 196, 222, 240-241, 270, 296, 319, 344,
233-242 375, 401, 466-467, 505, 550
football, 196
S golf, 68, 143, 196, 222, 270, 401, 466, 505, 576
Sewing equipment and supplies gymnastics, 40
beads, 550 handball, 171
bodkin set, 171 heater, 466
buckle frame, 319 horseback riding, 241, 296
buttons, 119 hunting, 240, 446
children’s, 296 knife, 69, 196, 222, 241, 344, 375, 505
cloth/fabric, 37-38, 68, 96, 119-120, 143, 195, 221, paintball, 576
270, 296, 319, 375, 400, 445 pool, 401, 505
cuffs, 68 pricing trends, 656-662
dye, 195 racing, 344
embroidery, 38 scooter, 196
fasteners, 319 scuba, 505
instructions, 38-39 shooting, 40, 69, 143, 196-197, 222, 241, 270, 319,
labels, 483 344, 375, 401, 466, 484, 505, 550
needles, 38, 68, 143 skating, 40, 466, 522
oil paint, 38 sleigh bells, 296
pattern, 38-39, 68, 143, 240, 319 soccer, 522, 576
quilting, 38 table tennis, 241, 401
ribbon, 550 tennis, 171, 197, 401-402, 551
scissors/shears, 319, 400, 550 velocipede, 241
sewing machine, 38, 68, 96, 195, 222, 240, 296, 344, wakeboard, 576
400, 445, 504 water skis, 402
skirt binding, 38 weight lifting, 296, 375, 422
stamping pad, 38 Stock market
tassels, 39 crash, 148, 175, 525-526
thimble, 68 crash in technology stocks, 525
thread, 171, 195
tinsel cord, 39 T
tissue paper, 39 Teachers
tracing wheel, 39 income, 7, 51, 76, 102, 104, 129, 154, 180, 201, 206,
watercolors, 39 226, 229, 251, 254, 279, 304, 329, 355, 385, 411,
yarn, 39, 221, 240, 400 431, 452, 455, 469, 492, 528, 529, 534, 563
Social Security, first checks issued, 247 salary trends, 627
Sports equipment Telephone equipment and services
archery, 401, 422 consumer expenditures, 75, 103, 127, 152, 178, 204,
baseball, 39, 69, 143, 171, 195, 222, 344, 400, 504 227, 252, 277, 302, 327, 353, 383, 409, 429, 453,
basketball, 240, 319, 422, 445, 505, 550, 576 472, 489, 510, 531, 560
binoculars, 222, 422, 505, 550 dial introduced, 124
boating, 171, 222, 241, 344, 375, 401, 422, 445, 466 direct link opens (NY-Denver), 100
boots, 296, 550 first exchange, 4
boxing, 40, 195 investments, 490, 511
688
THE VALUE OF A DOLLAR Index
monopoly, 451 scooter, 198, 297, 551, 577
rates, 57, 299 sewing machine, 198
transatlantic, 175 skates, 320
Tobacco products teddy bear/stuffed animal, 97, 423
ashtray, 171, 296 telescope, 297
cigar, 40, 69, 97, 143, 172, 241, 344, 467, 484 toymaker, 198
cigarette holder, 296 train, 120, 198, 402
cigarette production, 4 tricycle, 198, 297, 403
cigarette sales, 100, 149, 507 truck, 198, 345, 403, 577
cigarette server, 296, 422 wagon, 198, 222, 242, 297, 403, 423, 446
cigarettes, 40, 97, 120, 143, 171, 222, 296, 402, 551, walkie-talkie, 297, 423
576 Travel and transportation
consumer expenditures, 75, 103, 127, 178, 204, 227, airplane/airline fare, 120, 172, 242, 271, 297, 321,
252, 277, 302, 327, 353, 383, 409, 429, 453, 472, 345, 376, 403, 423, 446-447, 467, 484, 505, 523,
489, 510, 531, 560 551, 577
filters, 241 beach camping, 172
law suits settlement, 507 boat fare, 41, 97, 222, 423
lighter, 296, 320, 344, 375, 422 boat tour, 467
pipe, 40, 69, 172, 222, 241, 271, 320, 375, 422, bus fare, 120
446 coach fare, 41, 423
pony clamps, 222 consumer expenditures, 127, 152, 178, 204, 227,
tobacco, 143, 197, 222, 241, 320, 422 252, 277, 302, 327, 353, 383, 409, 429, 453, 472,
Toys 489, 510, 531, 560
aeroplane, 120 cruise, 69, 97, 172, 198, 242, 376, 447, 467, 505, 551,
art, 97, 198, 375, 551 577
baby, 286, 362, 390, 568 European tour, 172, 198, 376, 423
ball, 296, 320, 551 expedition, 467
bicycle, 222, 402 ferry, 447
blocks, 143, 423, 467 festival, 467
board game, 41, 197, 375, 451, 551 Hawaii tour, 172, 376, 403, 423
boat, 375 hotel getaway, 577
building, 320 motor tour, 172
cannon, 376 mountain climb, 551
car/racing, 198, 297, 376, 403, 422-423, 446, 551 ocean liner fare, 121
cash register, 197, 320, 423 pricing trends, 663-673
coin bank, 523 railroad fare, 41, 97-98, 172, 198, 271, 297, 345,
construction set, 197, 551 376
croquet set, 222, 402 railroad freight, 41
doll, 120, 197, 297, 320, 344, 376, 402-403, 422, 467, river trip, 467
484 safari, 423
doll accessories, 197, 376, 422, 446 ship fare, 69
erector set, 197 steamship fare, 41-42, 98, 121, 144, 172, 198
gun/gun set, 120, 297, 320, 402-403 subway token, 376
gym/swing set, 402, 446 taxi fare, 69, 121
hobby horse, 143 train fare, 42, 98, 121, 172
horseshoes, 198 travel kit, 376
kitchen, 198 trip, 376, 423, 447, 484, 523, 551
model kit/caster set, 222, 297, 376, 446 trolley/streetcar fare, 144
paper dolls, 41, 97 Trends, pricing. See Pricing trends (1900–2007)
pool, 403, 576
remote control, 344, 446 U
robots, 403 Unemployment
science, 376, 446 Native Americans and, 424
689
Index THE VALUE OF A DOLLAR
number, 201, 243, 245, 406, 426, 449, 451, 469, 507, combat roles, 486
525 earnings of men versus, 347
postwar high, 324 equal pay for equal work legislation, 349
record low, 299 in workforce, 246, 347
United States as debtor nation, 469 in workforce during World War II, 245
military academies admittance of, 426, 507
V minimum wage and, 224
Vietnam War and the global economy (1960–1979), pay gap, closing, 553
347-448 Social Security and, 322
background, 347-348 Workman’s Compensation Act, 124
consumer expenditures, 353, 383, 409, 429 World War I. See Progressive Era and World War I
food prices, 356-358, 386-387, 412-413, 432-433 World War II, recovery, and the Cold War
historical snapshots, 349, 379, 406, 426 (1940–1959), 245-346
income, selected, 350-352, 380-382, 407-408, background, 245-246
427-428 consumer expenditures, 252, 277, 302, 327
investments, 354, 384, 410, 430 food prices, 255-257, 280-282, 305-307, 330-332
jobs, standard salaries for, 355, 385, 411, 431 historical snapshots, 247, 274, 299, 324
miscellany, 377-378, 404-405, 424-425, 448 income, selected, 248-251, 275-276, 300-301,
prices, selected, 359-376, 388-403, 414-423, 434-447 325-326
investments, 253, 278, 303, 328
W jobs, standard salaries for, 254, 279, 304, 329
Wheat prices, 3, 5 miscellany, 272-273, 298, 322-323, 346
Women prices, selected, 258-271, 283-297, 308-321, 333-345
business ownership by, 426, 451
690