BS: $135,000 in 1910

Subject: BS: $135,000 in 1910
From: fat B****rd
Date: 07 Mar 09 - 12:30 PM

Could somebody help me here, please.
I need to know how much $135,000 in 1910 would be worth now.
It's for a presentation I'm giving about the Johnson-Jeffries fight on July 4th of that year.
Thank you

Subject: RE: BS: $135,000 in 1910
From: pdq
Date: 07 Mar 09 - 12:34 PM

roughly $3 million

Subject: RE: BS: $135,000 in 1910
From: John MacKenzie
Date: 07 Mar 09 - 01:13 PM

Prices
1910

At Thornburg's children's underwear is 20 cents each, a man's shirt is 95 cents, a work shirt is 38 cents and a suit is $30. A five-room "cottage" at Seventh and L is $1,500.


Work it out.

Subject: RE: BS: $135,000 in 1910
From: gnu
Date: 07 Mar 09 - 02:18 PM

Well... three (or more) ways to do it.... rate of inflation or rate of investment rate of real growth. Depends on how you wish to portray the results.

Figures don't lie... but... liars figure.

Subject: RE: BS: $135,000 in 1910
From: Leadfingers
Date: 07 Mar 09 - 03:07 PM

The Johnson-Jeffries fight ? Thats the one mentioned in the first verse of Sylvester - My Brother Sylveste .

          http://mudcat.org/@displaysong.cfm?SongID=4099

Subject: RE: BS: $135,000 in 1910
From: Peace
Date: 07 Mar 09 - 03:13 PM

In 1928, a twenty dollar bill would buy you an ounce of gold.

$135,000 / 20 = 6750. OR, you could have bought 6750 ounces of gold.

At today's prices that would translate to about 6 1/2 million dollars; with gold near $900/oz.

So, who really knows. However, it's one heckuva lotta cash then and in my world, it's one heckuva lotta cash now.

Subject: RE: BS: $135,000 in 1910
From: Ebbie
Date: 07 Mar 09 - 03:13 PM

Year Amount it took to equal $1 in 1913

1913 $1.00
1920 2.02
1925 1.77
1930 1.69
1935 1.38
1940 1.41
1945 $1.82
1950 2.43
1955 2.71
1960 2.99
1965 3.18
1970 3.92
1975 $5.43
1980 8.32
1985 10.87
1990 13.20
1995 15.39
2000 17.39
2001 $17.89
2002 18.17
2003 18.59
2004 19.08
2005 19.73
2006 20.18
2007 20.94
2008 21.57

Source: Bureau of Labor Statistics. Web: http://stats.bls.gov/
The Shrinking Dollar



http://www.infoplease.com/ipa/A0001519.html

Subject: RE: BS: $135,000 in 1910
From: MarkS
Date: 07 Mar 09 - 07:27 PM

2010   $ 59.32

Just read that our treasury has already increased the money supply by about 250%. Can't vouch for the accuracy of the source, and can't assume a linear relationship between money supply and inflation, but it sure is a source of worry.

Subject: RE: BS: $135,000 in 1910
From: Joe_F
Date: 07 Mar 09 - 08:44 PM

As long as the Japanese & Chinese keep turning over their T-bills, nothing to worry about.

Subject: RE: BS: $135,000 in 1910
From: MarkS
Date: 07 Mar 09 - 09:14 PM

And we all have lots of kids and grandkids to make the interest payments.

Subject: RE: BS: $135,000 in 1910
From: fat B****rd
Date: 08 Mar 09 - 06:59 AM

That'll do nicely. 3 million dollars (approx) will grab the attention of my audlence, I hope.
Thank you all for taking the trouble. ATB from Charlie.

Bruce. I've got another possible piece if 'Creative Writing' for you.

Subject: RE: BS: $135,000 in 1910
From: Peace
Date: 08 Mar 09 - 03:13 PM

Thanks, fB. I love your writing as you know and will look forward to receiving it. Trust you are well, buddy.