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Money Question?

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Gary(MO) View Drop Down
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Joined: 03 Jun 2011
Location: Missouri
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Gary(MO) Quote  Post ReplyReply Direct Link To This Post Topic: Money Question?
    Posted: 24 Nov 2018 at 9:48pm
Does anyone know what the wages were in the AC factory when the B,C,WC,WD were built. Like in 1940's thru the 1950's. Thanks Gary
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MNLonnie View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote MNLonnie Quote  Post ReplyReply Direct Link To This Post Posted: 25 Nov 2018 at 7:30am
In 1950 minimum wage was .75/hr and the average wage was about 1.50/hr but I don't know how much Allis paid.
Waukesha B, B, IB, G, styled WF, D15, 615 backhoe, 2-Oliver OC3's, 4 Ford Model T's, 3 Model A Fords, AV8 Coupe, AV8 Roadster, 1933 Ford Wrecker
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DougG View Drop Down
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Joined: 20 Sep 2009
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Post Options Post Options   Thanks (0) Thanks(0)   Quote DougG Quote  Post ReplyReply Direct Link To This Post Posted: 25 Nov 2018 at 8:22am
Allis paid their employees $3 dollars more an hour in the electrical equipment division than competition,, this was in a 1960,s book I found on the electrical side of AC
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steve(ill) View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote steve(ill) Quote  Post ReplyReply Direct Link To This Post Posted: 25 Nov 2018 at 1:32pm
I know when I was 25 years old, about 1977, my BOSS would complain each year we got a pay raise. HE said he worked at CAT factory in 1938 and made $.36 hour.
 
Minimum hourly wage of workers in jobs first covered by
Effective Date1938 Act 11961 Amendments 21966 and Subsequent
Amendments3
   

Nonfarm

Farm

Oct 24, 1938

$0.25

   

Oct 24, 1939

$0.30

   

Oct 24, 1945

$0.40

   

Jan 25, 1950

$0.75

   

Mar 1, 1956

$1.00

   

Sep 3, 1961

$1.15

$1.00

  

Sep 3, 1963

$1.25

   

Sep 3, 1964

 

$1.15

  

Sep 3, 1965

 

$1.25

  

Feb 1, 1967

$1.40

$1.40

$1.00

$1.00

Feb 1, 1968

$1.60

$1.60

$1.15

$1.15

Feb 1, 1969

  

$1.30

$1.30

Feb 1, 1970

  

$1.45

 

Feb 1, 1971

  

$1.60

 

May 1, 1974

$2.00

$2.00

$1.90

$1.60

Like them all, but love the "B"s.
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john(MI) View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote john(MI) Quote  Post ReplyReply Direct Link To This Post Posted: 25 Nov 2018 at 4:16pm
a loaf of bread was 10 to 15 cents a loaf.  gas was 15 -20 cents/gallon.  I remember in the 50's and 60's my Dad worked in Iowa and would bring oleo (margarine) home from there.  It was illegal to sell it in Wisconsin.
D14, D17, 5020, 612H, CASE 446
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Ted J View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Ted J Quote  Post ReplyReply Direct Link To This Post Posted: 25 Nov 2018 at 10:25pm
John, I remember my dad (A POLICE OFFICER) taking the family 57 Plymouth wagon down to Iowa for Oleo.  They even had the yellow die in packets so you could color it.  Even my relatives in MN gave him money to purchase for them.
I guess the price of butter was outrageous so they went for oleo.  Was the law here that you could only sell butter.  it was supposed to help the farmers. (yeah, right)  Just like meat prices around here now.  Somebody's making a fortune, and it's not the farmer...
Hamburger 70%-30% was ON SALE (in our chain of grocery stores) for $5.35 a lb.  I can't afford to eat anymore...
"Allis-Express"
19?? WC / 1941 C / 1952 CA / 1956 WD45 / 1957 WD45 / 1958 D-17
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Tbone95 View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Tbone95 Quote  Post ReplyReply Direct Link To This Post Posted: 26 Nov 2018 at 7:55am
Given the price of hamburger, and being 30% fat, water, and God knows what else......I don't understand why in the heck I can't sell freezer beef.  Well, I think I do know, but it's sure frustrating!!!!
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IBWD MIke View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote IBWD MIke Quote  Post ReplyReply Direct Link To This Post Posted: 26 Nov 2018 at 8:31am
Ted, the last time I was in Wisconsin, (late May) I picked up 2 whole beef tenderloins for $9.99/lb. That was at Trigg's in Eagle River. $5.35/lb for 70% hamburger seems like highway robbery to me. I very seldom buy ground meat, there are enough deer here to keep me well fed.
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DMiller View Drop Down
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Joined: 14 Sep 2009
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Post Options Post Options   Thanks (0) Thanks(0)   Quote DMiller Quote  Post ReplyReply Direct Link To This Post Posted: 26 Nov 2018 at 9:45am
Employer I had in 1982-88 told us he would have to raise rates by a dollar to give us $.20/hour to cover the adjusted benefits(UI and 401 match) and health insurance to still make a profit, he then added a profit sharing program to the employees in 1986 as was making TOO MUCH profit for taxes but still for every .20 raise rates went up a dollar. And we were paid on chargeable hours or flat rate so he was not losing even under warranty except for parts as we took the hit on wages. When he retired they had a $500,000 yacht on Alton Pool they moved to a NEW Lake Ozark 'Estate' they purchased so I suspect there was imaginative book keeping going on with that.
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DougG View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote DougG Quote  Post ReplyReply Direct Link To This Post Posted: 26 Nov 2018 at 11:13am
They were making big money on you guys,, always wonder how shops can pay an employee 15 bucks an hour then charge 90 bucks an hour for labor,, I know theres more involved money wise but the owners always retire fat cats

Edited by DougG - 26 Nov 2018 at 11:20am
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Ted J View Drop Down
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Ted J Quote  Post ReplyReply Direct Link To This Post Posted: 26 Nov 2018 at 11:45pm
I just went and looked at my Grandmother's scrapbook.  There's an article in there about the workers going on strike.  It doesn't say anything about what they made or were asking for.  It just says that "if the union wants to come back to work, it will be on our {A-C Company} terms.
I had never seen my Grampa as mad as he was at that time nor since.  He had a grudge against unions ever since.  He worked at Allis 39 years 10 months.
"Allis-Express"
19?? WC / 1941 C / 1952 CA / 1956 WD45 / 1957 WD45 / 1958 D-17
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