Klarinet Archive - Posting 000219.txt from 1999/07

From: "Mark Weinstein" <cpaok@-----.net>
Subj: Re: [kl] Re: Aged Reed Return on Investment
Date: Wed, 7 Jul 1999 20:14:54 -0400

Allowing for investment of $24.60 on 7/1/79 --- 20 yrs ago ---- and sale at
$31.00 on 7/1/99 the return on investment is 1.156% per annum utilizing
continuous compounding method.

Is Interstate still in business ?

Thanks for the information.

mw
-----Original Message-----
From: Roger Garrett <rgarrett@-----.edu>
Date: Wednesday, July 07, 1999 6:17 PM
Subject: Re: [kl] Re: Aged Reed Return on Investment

>At 04:59 PM 7/7/99 -0500, you wrote:
>>Lets see, if the reeds were 20 years old, what was the price of a box X 3
in
>>1979 or therabouts and what was the (then) buyer's return on investment
for
>>a sale at $10.33 per box of 1999. (notwithstanding that the buyer had the
>>piece of mind of knowing he had plenty of high qualifty reeds in storage)
>>
>>Problem here is List price vs. Street price in Music Stores vs. Street
price
>>in Catalogue Stores --- if there were any WW&BW;s in 1979.
>>Comparing to VanDoren regulars today @-----. $18-24 (for retail
>>stores which have "Club") v. $11.50 - 13. My guess is you wouldn't do
this
>>for a living.
>
>Vandorens in 1979 cost $8.20 a box discount from Interstate Music Supply.
>
>RG
>Roger Garrett
>Professor of Clarinet
>Director, Concert Band/Symphonic Winds/Titan Band
>Advisor, Recording Studio
>Illinois Wesleyan University
>Office: (309) 556-3268
>Fax: (309) 556-3411
>
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