Directions: Students will take the prices from the information list and convert the prices to 1997 prices.

• To convert 1860 prices to today's prices, multiply the 1860 price by $ 17.43.
• To convert prices from other years, divide the value of the dollar for that year into $17.43. Then use that figure to multiply the old price of the old object to obtain the value in 1997 dollars.

Using the information below, tell what the dollar amounts given would be in today's dollars.

      • in 1866, Jackson received $ 18 to $25 a week as an artist in a photographer's gallery.

      • in the same year, he received $3.50 a day to work as a marble cutter.

      • in the same year, bullwhackers, or teamsters, received $20 a month.

      • in 1867, Jackson received $2 a day, or $40 a month working for the railroad.

      • In 1873, he received $1 7s a month from the Department of the Interior.

      • in 1874, Ute Chief Ouray received an annual pension of $1000.

      • in 1874, Jackson was receiving between $2500 and $3000 annually.

Compare the costs that William Henry Jackson had in 1870 to the costs John Fielder had in 1998. Use the following information to compare the costs. After converting all the costs to 1997 dollars, total them and see whether Jackson or Fielder had the greater costs.

Value of a Dollar, 1860 – 1997

Team
Up to 60 people with the Hayden survey riding horses 4 mules carries food, utensils, tents 2 mules carried cameras, chemicals
$150 for a team of stout horses
$6-12 for Spanish broncos and mustangs
$15-20 for exceptional horses
$120 for a mule

Team
Primary assistant: Eric Bellamy ($1000/month ) March-October 1998 Two assistants for wilderness backpacking (salary: all the Ramen noodles they could eat, plus a steak dinner after trip) Hired a friend to locate hard to find places ($ 100 a place, total of 11 places—$1100) News crew: photographer, producer 1996 Chevy Suburban ($31,000 retail)

Clothing
Bought a new tailored coat in 1866 for $40 cowboy hat, belt, boots, yellow-black handed down coat, patched trousers, ropes
$9.00 pants
$1.00 shirt
$.98 shoes
$7.50 pistol
$25.00 Rifle and ammunition

Clothing
Clothing sponsored by Last Chance
woven cotton shorts
woven shirts
Patagonia hiking shorts ($35)
free t-shirts
Danner Gore-Tex hiking boots ($250)
Low Alpine Fleece jacket (doubles as a pillow)

Traveling Equipment
$22.00 wagon and saddle, ropes, $2.00/day boat to fish $3,00 hammock, stoves, four wagons to carry supplies, tents, blankets, bought an A-tent for $10 in 1869

Traveling Equipment (total gear weight 200 Ibs.)
Walrus tent (1/2 price deal from the factory, photo trade. Retail $37s)
MSR stove ($s0), pots, Crazy Creek Chairs ($300)
Total gear costs $2000

Photo Equipment (Total weight: not less than 300 Ibs.)
18 x 22 camera, 20 x 24 camera, S x 8 camera $200 special price (retail $1000)
500 mm lens, 400 glass plates, acetic acid, silver bath
hard rubber, film changing dark bay, flat tray, box of negatives, stereo glass, double-barreled stereo
Portable dark room: wooden box 30 x 15 x 15 inches, fitted with pans and trays. Made so that it could be enlarged with a retractable canopy.
$7.00 package of "indispensable chemicals"
packed equipment in rawhide containers called parfleches
Jackson devised a 1/10 second exposure drop shutter, tripod

Photo Equipment (Total weight: 65 Ibs.)
Linhof Master Technika 4 x s field camera $5000 Lenses:

75mm Nikkor $1500
11 Smm Rodenstock $ 1700
1 50mm Rodenstock $800
210mm Rodenstock $600
300mm Rodenstock $600
360-SOOmm Nikkor $3200

35mm Canon body, three lenses $5000
Bogen Tripod 3020 series (8.5 Ibs.) $150
Pentax Digital Spotmeter $500