- Yearly Inflation Rate USA 9.2%
- Year End Close Dow Jones Industrial Average 858
- Interest Rates Year End Federal Reserve 7.25%
- Average Cost of new house $39,300.00
- Average Income per year $14,100.00
- Average Monthly Rent $200.00
- Cost of a gallon of Gas 44 cents
- Average cost new car$4,250.00
- Foster Grant Sun Glasses $5.00
Sounds unbelievable, eh? But, I remember my Dad complaining that gasoline at Aud's service station was over 40 cents per gallon and "you boys are gonna have to say home and quit 'running the roads.' " I never understood what he meant: we barely had roads to run in Rison, much less burn a lot of gasoline!
Too bad my whopping savings account from the summer internship at the Planer Mill (remember?) couldn't tide me over through the long and dreary winter months at RHS.
So, how much were a pair of Levi jeans anyway?
Regards,
Ken


