Dollar
conversions...
$1.00 in ____ = $______ today
1854
= $19.45
1861
= $18.01
1863
= $16.21
1864
= $13.15
1865
= $10.35
1867
= $11.05
1868
= $11.43
1869
= $11.80
1870
= $12.15
1871
= $12.83
1872
= $13.51
1873
= $13.80
1874
= $14.10
1875
= $14.40
1876
= $14.74
1877
= $14.97
1878
= $15.19
Interest
Rates...
1869
-- 24% long term, 72% short term
1880
-- 10% long term, 36% short term
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Telegrams...
The
Telegraph Act of 1860 established a limit of $3 per every
ten words, although in smaller towns such as this one, the
cost was significantly less.
Monetary
Words...
bit
-- 1/8 of a dollar (2 bits = $.25 cents)
eagle
-- $10 gold piece
double
eagle -- $20 gold piece (1849)
gold
dollar -- first minted in 1850's
half
dime -- 1800-1873
half
dollar -- first minted in 1801
half
eagle -- $5 gold piece (1795)
nickel
-- first minted in 1859
State
Bank Notes -- issued prior to 1861 and usually redeemable
only at the issuing bank; became National Bank Notes to
make paper money valuable nation-wide
quarter
-- first minted in 1804
quarter
eagle -- $2.50 gold piece (1796-1907)
silver
dollar -- first minted 1798
slug
-- $50 dollar gold piece (1851)
V-spots
-- $5 bills
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Rewards
offered at the time...
$300
-- Robbing a stagecoach (offered by the state of California
and Wells Fargo)
$200
-- Robbing the US mail (offered by the Federal government)
$250
-- Cattle rustling (offered by the Wyoming Stock Growers
Association)
A
gold bar was stolen, Wells Fargo offered 25% of the value
of the bar as a reward.
Rewards
offered on well-known outlaws...
$10,000
in 1870 would be $121,527 today
$25,000
-- Jesse James
$15,000
-- Frank James
$15,000
-- The Younger Gang
$15,000
-- The Dalton Gang
$10,000
-- Sam Bass
$10,000
-- Sam and Belle Starr
$6,500
-- The Sundance Kid
$5,000
-- Butch Cassidy
$5,000
-- Billy the Kid
$5,000
-- Johnny Ringo
$1,000
-- Oliver Curtis Perry
$1,000
-- Black Bart
$500
-- Unknown stage coach robber
$300
-- Richard Perkins (highway robber)
$50,000
-- John Wilkes Booth
$25,000
Each -- Booth's accomplices
$1,000
-- Quantrill
Record
- $100,000, for Jefferson Davis, President of the Confederate
States of America
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Lawmen's
salaries...
1870--Abilene,
KS, Tom Smith, initially paid $150 per month, later raised
to $225.
1876--Wyatt
Earp was paid $250/month in Dodge City, KS (considered a
very high amount).
1878--Dodge
City, Kansas marshal $100 per month, assistant marshal and
policemen $75 per month
Salaries
could be expected to vary by the size of the town, and the
size of its problems.
Cost
of hired guns...
Hired
guns typically earned $100 to $150 per month though it could
go as high as $250.
And
the guns they used...
Pearl-handled
matched set of Colt .45 Peacemakers with holsters $100
Classic
Peacemaker -- $17.00 by mail order
cartridges
-- $.50 cents/box
Robbery
amounts attributed to the James-Younger gang...
Liberty,
Missouri, $60,000
Lexington, Missouri, $2000
Richmond, Missouri, $4000
Russellville, Kentucky, $12,000
Gallatin, Missouri, $500
Corydon, Iowa, $6000
Columbia, Kentucky, $600
Kansas City, Missouri, $978
Ste. Genevieve, Missouri, $4000
Adair, Iowa, $2000-7000
Hot Spring, Arkansas, $4000
Gads Hill, Missouri, $2000-$20,000
Corinth, Missouri, $10,000
Muncie, Kansas, $30,000
Rocky Cut, Missouri, $15,000
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Food
prices...
1870's
San Francisco restaurant prices:
Green turtle soup - 15 cents
Bouillon - 15 cents
Fried smelts - 25 cents
Fried cod - 25 cents
Porterhouse steak - 50 cents
Kidneys with wine sauce - 25 cents
Mallard ducks - 40 cents
Calf's liver - 25 cents
Boiled ham - 40 cents
Venison steak - 25 cents
Cold roast beef - 25 cents
Tea - 15 cents
1870:
Wheat per bushel - $1.02
Flour per barrel - $3.00
Corn per bushel - 40 cents
Molasses, gallon - 15 cents
Mess pork per barrel - $9
Mess beef per barrel - $8
Lard per pound - 6 cents
Butter per pound - 15 cents
Sugar per pound - 7 cents
Cheese per pound - 5 cents
Rice per pound - 5 cents
1872 Topeka, Kansas
Butter per pound - 15 cents
Eggs per dozen - 15 cents
Sugar per fourteen pounds - $1
Coffee per eight pounds - $1
Prunes per eighteen pounds - $1
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Misc.
prices...
Horses
& gear...
Horse,
average work horse -- $150
Horse,
good saddle horse -- $200+
Wagon
-- $65
Saddle
-- $30, cowboy saddle -- $60
Harness
-- $40 - $60
Buggy
-- $65 - $85
Food...
oranges
-- $.50/dozen
dried
figs -- $.20/pound
dried
apples -- $.10/pound
dried
apricots -- $.15/pound
dried
peaches -- $.12/pound
fresh
peaches -- 3 for $.10
fresh
apples -- 2 for $.05
sugar
-- $.10/pound
flour
-- $.04/pound
Miscellaneous...
Cigars
-- $.05 -.10 each
Calico
fabric -- $.07/yard
Men's
suspenders -- $.25
Nails
-- $.02/pound
Books
-- hard cover average $.50
Webster's
Unabridged Dictionary, 1,840 pages -- $12
New
York Tribune Almanac -- $.25
German
Student Lamp -- $5
Newspaper
Subscription -- $3/year
Pump
organs -- $99 to $340
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Home
and farm costs...
Land
-- $5/acre (avg. 160 acres)
House
-- 16'x22' (2 rooms) = $300
Shanty
-- 8'x10' (1 room/dirt floor) = $25
Stable and well -- $150
Plows,
cultivators, field equip. -- $325
Chairs -- $1.25 each
Bed,
bureau and commode -- $15
Cookstove
-- $25
Coal -- about $80 per year
Kerosene -- $.15/gallon
Land costs:
1870
- Land for development in Greeley, Colorado Territory $1
per acre
1870
- Farm land near Fort Scott, Kansas $12 to 20 per acre and
unimproved lands within 12 miles $3 to 7 per acre
1873 - Nebraska improved farm lands $10 to 30 per acre;
unimproved $4 to $10 per acre
1874 - Sutter County, California $20 to 80 per acre
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Cattle prices...
heifer
-- $18.75
cow
-- $26
bull
-- $75-105
3
year old steer -- $62
2 year old steer -- $22.50
yearlings -- $12.50
calves -- $2.50
Cowhands
and cattledrives...
cost of a cattledrive $.01/mile per head of cattle
a
cow worth $4 on the range would be worth $40 in Chicago
Cowboys
-- $20 to $40 per month
Overseer
-- $100 per month
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Wages...
prostitute
-- $200/month; $1-$5 per customer)
bank
clerks -- $150/month
dance
hall girls -- $.5-.25 cents/dance
other:
miner
-- $20/week
common
laborer -- $100/month
school
teacher -- $30/month (small school)
steamboat
pilot -- $600-$700/month
insurance
company president -- $1000/month
reporters
-- $20/week
printers
-- $8/week
typesetters
-- $4/week
printers
devils -- $2.50/week
Prices
from Montgomery Ward's 1872 catalog...
(Mongomery
Ward's web site)
Gentleman's
toilet set, including toothbrush, nail brush, razor, razor
strop, lather brush, comb, hair brush -- $1.00
2
colored undershirts -- $1.25 (white -- $1.00)
2
colored drawers -- $1.25 (white -- $1.00)
3
New York Mills white shirts -- $2.50
6
pairs men's cotton socks -- $1.00
6
pairs Army wool socks -- $1.00
7
yards blue denim -- $1.00
3
yards plain cassimere [cashmere]-- $1.00
1
hoop skirt, 1 bustle, & 1 hair braid -- $1.00
1
ladies gold locket, plain -- $1.50 enameled -- $2.00
1
pair ladies earrings & pin set, imported -- $4.50
1
pair ladies solid gold ear drops -- $3.00
1
plain gold ring (all sizes) -- $2.00
1
silver plated hunting case watch -- $6.00
1
silk parasol -- $1.00
1
heavy plaid shawl -- $3.00
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Gambling
& liquor...
Marked
cards $1.25 per pack
Specially marked/loaded dice, $5/set
Electric die, $2.50 each
Electric Dice Tables, $150
A
Faro Dealer could make as much as $100 per week
Most
poker games had a $1-$2 limit.
Bets at a Faro were typically $.25-$1
Dice could be played for as little as $.05/throw
Ten-cent chips at the roulette wheel were common
Liquor
prices:
From
a wholesale liquor store at Dodge City [Kansas became
a "dry" state in 1880--no legal manufacture
or sale of liquor]
High Mucky Muck (a soft drink), Energy, Fire Fly, Orinoco,
Ginger Ale -- $20 per cask
British Bass Ale and Irish Guinness Stout -- $20 per cask
American brewed beers such as Anhauser -- $2 per case
Jamaica Rum -- $5 per gallon
Port and Sherry -- between $1 to $5 per gallon
Western brandy -- $15 per case
Gin -- $1.50 per gallon
Whiskey -- $2-$3 per gallon
Saloon beer prices fluctuated but on average: 2 glasses
for $.25 cents or 2 bits.
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