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IHC Member 163
Picture of Mark Cross
posted
...in the May 1908 issue of Frisco-Man railroad employee magazine:

"For Sale: A 17j 16 size Webb C. Ball, used 1 week for $20, cost me $32.00 in silverine case. Write: J. A. Klause, St. Louis, MO"

I wonder if it's still available? Wink

Regards! Mark
 
Posts: 3832 | Location: Estill Springs, Tennessee, USA | Registered: December 02, 2002
IHC Life Member

Picture of Jerry King
posted
Mark, that was the same RR that my Dad worked on in the mid to late 40's....to bad that Mr. Klause wasn't a little later, my Dad wouldn't have had to buy that 540 he used, he might have had this Webb Ball watch and I would have now, not the 540.... Confused

Oh well....

Regards,

Jerry
 
Posts: 2828 | Location: California in the USA | Registered: June 23, 2008
IHC Vice President
Pitfalls Moderator
IHC Life Member
Picture of Edward L. Parsons, Jr.
posted
Before you start thinking "oh wow what a cheap price," remember that $32 was a considerable sum of money back in 1908.

The CPI calculators I could find on the web only go back to 1913, but they show that in 1913 $32 would have had equivalent purchasing power to what you could buy with $706 today. Even the discounted $20 price (in 1913) would be equivalent to $441 today.

Check it out:

http://data.bls.gov/cgi-bin/cpicalc.pl


Best Regards,

Ed
 
Posts: 6696 | Location: Southwestern Pennsylvania, USA | Registered: April 19, 2004
IHC Member 163
Picture of Mark Cross
posted
Agreed, Ed. I think what caught MY eye was the fact he only had it one week, but was willing to take a $12 loss on the watch. As you say, that was a HEAP of money in the day. It would be a $265 loss in today's funds.

What I was saying was, I wonder if it was still available at the 1908 advertised price, but paid for in 2010 dollars? Big Grin

Jerry for the life of me, I can't recall who posted this link, but am VERY grateful to whoever did the deed. It's provided hours of reading enjoyment, even if I AM an 'N&W' man myself. If you haven't seen these, I KNOW YOU'RE going to enjoy them! Wink

http://thelibrary.org/lochist/frisco/magazines/

Regards! Mark
 
Posts: 3832 | Location: Estill Springs, Tennessee, USA | Registered: December 02, 2002
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