Brooklyn1 wrote on Wed, 13 Oct 2010 09:51:11 -0400:

>Going back that far is meaningless... in 1950 a ton of hard antracite
>pea was $2/ton delivered. In 1965 I paid 9¢/gallon for gasolene. In
>1960 draught beer cost 5¢/12 oz glass and every third was on the
>house.. one could get mighty loopy for a buck... and bars fed all you
>could eat too, free... in RI it was typically a different catch of the
>day each nite.

Your memories are more attractive than mine :-) I think I can remember
gas at $0.25 when I first came to the US in 1958. The ratio of the CPI's
from 1960 to now is about 7.3 and, around here, a draft beer now costs
at least $3.50 (usually more) or about 50 cents at 1960 prices. I
remember gas at 32 cents when I first came to Washington, DC ($2.34 in
present currency) and that's a bit less than the $2.70 that I paid last
weekend.


--

James Silverton
Potomac, Maryland

Email, with obvious alterations: not.jim.silverton.at.verizon.not