Times sure have changed !!!!!

[vapremac]

Thought this might be of interest.........
This morning while looking for a set of drawings from a job years ago I ran across this old
catalog.
It happens to be a catalog from the Cleveland twist drill company,the copy wright date,which
you can see in the pic is from 1924. Take a close look at the prices and then compare them
to current prices.

 

[old_dave]

Thought this might be of interest.........
This morning while looking for a set of drawings from a job years ago I ran across this old
catalog.
It happens to be a catalog from the Cleveland twist drill company,the copy wright date,which
you can see in the pic is from 1924. Take a close look at the prices and then compare them
to current prices.

Looking at the 1/2 inch no. 2 Morse taper at $2.00 and running that price through an on-line inflation calculator I find it would be $27.26 in today's dollars. MSC has a Guhring 1/2 inch no. 2 Morse taper for $24.23 so in a sense prices haven't really changed. The Guhring is a bit over 7 inches long while the Cleveland was a bit over 8 inches long so you did get a bit more high speed steel. Like everyone I'd like to take a time machine back and spend my 2013/2014 dollars at face value. Especially for things you can't buy anymore, at least not new. Wonder what a Kearney & Trecker 2D rotary head milling machine cost when they first came out?
David

 

[genec]

someone just had an ad for 500 each for large bits , think about that the next time you talk to your insurance agent.

 

[toag]

ouch, i am glad my largest drill taper is mt3. a large radial or camel back would break the bank!

 

[rangerman]

Is it because it's relatively cheaper nowadays to make tool production machines compared to about a century ago that's way it has made it possible to have tool prices stay at about the same level or even lower when inflation is factored in?

A $2 drill bit a century ago is probably more than what a regular person could make in a day, but a similar drill bit at $30 today is way less than what a regular person earns in a few hours.

Thinking about the old heavy duty lathes that can be had by many of us for less than $2000 today, they were probably the same machines that only a few lucky people could afford when they were new.

 

[jam]

id be up #### creek my lathe is a mt 5 $$$$