Agent's Record - Liverpool to New York - 10 August 1912
Agent Record of Third Class Outward Steamship Ticket, 1912, Cunard Line SS Laconia.
Summary of Agent's Record
- Date of Purchase / Voyage: 10 August 1912 / 20 August 1912
- Steamship Line: Cunard Line
- Steamship: RMS Laconia
- Route: Liverpool to New York
- Ticket Type: Agent's Record
- Voyage Class: Third Class
- Name on Contract: Mrs. A. Ambler and Ethel Ambler
- Etnicity of Passenger(s): British
- Contract Terms: Not Stated
- Cost of Ticket: $52.50 / $1,450.00 USD in 2020
Agent's Record Details
This is an Agent's Record of a Third Class Steerage Ticket for one adult and one child from Liverpool to New York on the Cunard Steamship SS Laconia (I)
Record to be kept by Agent
No. 118545
Cunard Line
Third Class Outward
- Date of Issue: 10.Aug.1912
- For Steamer: Laconia
- Sailing: 20 August 1912
- Booked to: Liverpool
Names of Passengers and Age:
- Mrs. A. Ambler (32)
- Ethel Ambler (5)
1 Adult 1 Children 0 Infant
Amount Paid: $52.50
Commission: $3
Advised: $49.50
Address: 318 Woonas Quacket Avenue Lymansvide (Linesville Rd)
Dated: 24 August 1912
Extract from Ships' Passenger Manifest
- First Name: Annie
- Last Name: Ambler
- Ethnicity: USC (Note 4)
- Last Place of Residence: USA
- Date of Arrival: November 04, 1912
- Age at Arrival: 32 y
- Gender: Female
- Marital Status: Married
- Ship of Travel: Laconia (1912)
- Port of Departure: Liverpool
- Manifest Line Number: 0001
Note 4: Naturalized US Citizen by virtue of Marriage
Information on Document
- Date: 1912 August 10
- Agent Receipt No. 118545
- Dimensions: 9.7 x 19.8 cm
Relative Cost of Passage Ticket in Today's Currency Value
In 2020, the relative values of $52.50 from 1912 ranges from $1,030.00 to $29,100.00.
A simple Purchasing Power Calculator would say the relative value is $1,450.00. This answer is obtained by multiplying $52.50 by the percentage increase in the CPI from 1912 to 2020.
This may not be the best answer.
The best measure of the relative value over time depends on if you are interested in comparing the cost or value of a Commodity, Income or Wealth, or a Project.
If you want to compare the value of a $52.50 Commodity in 1912 there are four choices. In 2020 the relative:
- real price of that commodity is $1,450.00
- real value in consumption of that commodity is $2,950.00
- labor value of that commodity is $7,220.00 (using the unskilled wage) or $9,140.00 (using production worker compensation)
- income value of that commodity is $8,390.00
- economic share of that commodity is $29,100.00
If you want to compare the value of a $52.50 Income or Wealth, in 1912 there are five choices. In 2020 the relative:
- real wage or real wealth value of that income or wealth is $1,450.00
- household purchasing power value of that income or wealth is $2,950.00
- relative labor earnings of that commodity are $7,220.00 (using the unskilled wage) or $9,140.00 (using production worker compensation)
- relative income value of that income or wealth is $8,390.00
- relative output value of that income or wealth is $29,100.00
If you want to compare the value of a $52.50 Project in 1912 there are four choices. In 2020 the relative:
- real cost of that project is $1,030.00
- household cost of that project is $2,950.00
- labor cost of that project is $7,220.00 (using the unskilled wage) or $9,140.00 (using production worker compensation)
- relative cost of that project is $8,390.00
- economy cost of that project is $29,100.00
Source: www.measuringworth.com Samuel H. Williamson, "Seven Ways to Compute the Relative Value of a U.S. Dollar Amount, 1790 to present," MeasuringWorth, 2022.
