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Round-Trip Voyage Receipt - New York to Southampton - 11 April 1932

Receipt from Intercollegiate Travel Bureau, 1932

Receipt that itemized a round-trip voyage to Europe for Mr. and Mrs. David S. Kane via the SS Hamburg and SS Deutschland of the Hamburg America Line in 1932.

Summary of Round-Trip Voyage Receipt

  • Date of Purchase / Voyage: 11 April 1932 / 23 June 1932 (E) 14 July 1932 (W)
  • Steamship Line: Hamburg America Line
  • Steamship: SS Hamburg (Eastbound) and SS Deutschland (Westbound)
  • Route: New York to Southampton and Hamburg to New York
  • Ticket Type: Round-Trip Voyage Receipt
  • Voyage Class: Tourist
  • Name on Contract: Mr. and Mrs. David S. Kane
  • Etnicity of Passenger(s): American
  • Contract Terms: Not Stated
  • Cost of Ticket: $170.75 / $3,240.00 USD in 2020

 

Round-Trip Voyage Receipt Details

No. DR 51158

INTERCOLLEGIATE TRAVEL BUREAU, INC.
"Strengthened by 32 Years of Progressive Experience"

Tours, Cruises, World Travel Specializing in Conducted Student Tours and Pre-Arranged Independent Tours

Main Office in the United States:

500 Fifth Avenue, New York
N.W. Corner 42nd Street
All Telephones: LOngacre 5-3360

New York, April 11th, 1932

Received from Mr. and Mrs. David S. Kane the sum of Fifty and no/100 dollars ($50.00) as deposit to secure membership in tour. The steamer accommodations to be assigned are:

Eastbound

  • Steamship: Hamburg
  • Sailing on or about: June 23, 1932
  • From New York to Southampton
  • Class: Tourist
  • Room 204 Berth All
  • Adults: Two Children None
  • Ledger 5026/7 I.T S/S Only
  • Tour No. ____ Account ____

Westbound

  • Steamship: Deutschland
  • Sailing on or about: July 14th [1932]
  • From: Hamburg to New York
  • Class: Tourist
  • Room: 280 Berth: All
  • Adults: Two Children: None

Intercollegiate Travel Bureau, Inc.

by /s/ Signature unreadable

RATES

Round Trip ocean passage: $160.75

U.S. Revenue Tax: $5.00

Sup for E.B. $5.00

Total Round Trip: $170.75 (for each)

Relative Cost of Passage Ticket in Today's Currency Value

In 2020, the relative values of $170.75 from 1932 ranges from $2,700.00 to $60,000.00.

simple Purchasing Power Calculator would say the relative value is $3,240.00. This answer is obtained by multiplying $170.75 by the percentage increase in the CPI from 1932 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 $170.75 Commodity in 1932 there are four choices. In 2020 the relative:

  • real price of that commodity is $3,240.00
  • real value in consumption of that commodity is $8,340.00
  • labor value of that commodity is $11,300.00 (using the unskilled wage) or $12,500.00 (using production worker compensation)
  • income value of that commodity is $22,700.00
  • economic share of that commodity is $60,000.00

If you want to compare the value of a $170.75 Income or Wealth, in 1932 there are five choices. In 2020 the relative:

  • real wage or real wealth value of that income or wealth is $3,240.00
  • household purchasing power value of that income or wealth is $8,340.00
  • relative labor earnings of that commodity are $11,300.00 (using the unskilled wage) or $12,500.00 (using production worker compensation)
  • relative income value of that income or wealth is $22,700.00
  • relative output value of that income or wealth is $60,000.00

If you want to compare the value of a $170.75 Project in 1932 there are four choices. In 2020 the relative:

  • real cost of that project is $2,700.00
  • household cost of that project is $8,340.00
  • labor cost of that project is $11,300.00 (using the unskilled wage) or $12,500.00 (using production worker compensation)
  • relative cost of that project is $22,700.00
  • economy cost of that project is $60,000.00

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.

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