Cost of a DISA-matic and Patterns

[Dwayne Henson]

A piece showing the costs that BS&R paid in 1967 for a DISA-Matic and and patterns. This is from the Jones Family, from Saunders Jones II files.

[Valerie Johnson]

I bought a brand new 1967 Ford Galaxie Hardtop for $2844.00 just to use as a comparison of what things cost in 1967 and what the dollar buying power was.

Cost Of Living 1967

How Much things cost in 1967
Yearly Inflation Rate USA 2.78%
Yearly Inflation Rate UK 2.7%
Year End Close Dow Jones Industrial Average 905 Average Cost of new house $14,250.00 Average Income per year $7,300.00 Average Monthly Rent $125.00 Gas per Gallon 33 cents Average Cost of a new car $2,750.00 Movie Ticket$1.25 Polaroid Camera History$50.00 Parker Pen Set $11.95 The Federal Minimum Wage is increased to $1.40 an hour

[Jonathon Davis]

Wow, $120,500 for one machine. Guess you'd have to sell a lot of skillets to recoup those costs

What's a DISA go for today? 1-2 million?

[Jonathan Sutton]

Based on the prices of gold in 1967 and COMEX close 2016/08/12 (this assumes that gold has maintained its real purchasing power over time, which seems a reasonable assumption for a period of ~50 years, and that gold's purchasing power parity is a better measure of inflation than the official inflation rate, which is constantly revised/tinkered with by the government), BSR would have paid the equivalent of 4413 tr oz in 1967 (average price $34.95/tr oz). At COMEX close today ($1335.80/tr oz), that comes out to ~$5.9 million today. Those are some expensive machines!

[Dwayne Henson]

And Lodge is getting another one!

[C. Perry Rapier]

When I was a paperboy in 1965 one of my customers bought a new 1965 Mustang. I'll start a fight here. Thats the first year they were made. And it was brand spanking new. They give one thousand, eight hundred and fifty dollars for it. The first brand new car I ever bought was sticker priced at four thousand and two hundred dollars. I wasn't much for cars though. But I did have a 1969 Chevelle Super Sport with a 396 engine with 325 horsepower and four on the floor and positraction rear end.  I bought iit in the fall of 1970. I forget what it cost but it was under 2K. And when I was looking to buy a car. I looked at a 1970 Chevelle Super Sport with a 454 cubic engine with four hundred and fifty horse. ALL FACTORY. Thats the way it sat. It cost around 2600.00 or so as I recall. And it was a year or so old at the time too. I graduated from High School in 1972. What were we talking about?  ::) ;D

Looking back and thinking back. My mother said something to the effect that 'a car like that ain't good for nothing cept to get killed in'. And she was right. I listened to her. My older brother did not. He was killed on August 19, 1969 in a car wreck. He was eighteen years old and was going to be a Senior in High School. I often wonder, as anybody can imagine, what he would think of todays world. He did see the landing on the moon in 1969. I remember him telling my father about it. And them arguing about it cause my dad said there is no way in hell they done that. He died an old man never believing the moon landing was real.  ;D

[Larry Pesek]

And Lodge is getting another one![/quote]

EXCERPT FROM IDOS AD:
 
"The new 127,000 square foot foundry will have two production lines, increasing our manufacturing capacity by 75%.  LODGE expects to add 92 additional employees to our current level of 300 workers when the new foundry is completed in June 2017."

"Located across the Tennessee River from South Pittsburg, the new 212,000 square foot warehouse has a March 2017 completion date."

[Greg Stahl]

so two??

[Jeff Friend]

Yes, two new lines and a new warehouse.