Comments on: How Hodgdon Powder Co. Started — With a Life Insurance Loan

By: Jon

Jon — Fri, 05 Oct 2012 06:41:17 +0000

According to http://www.dollartimes.com/calculators/inflation.htm 3 cents in 1945 would be the equivalent of 38 cents today. But still an incredible deal.

By: Steve

Steve — Thu, 04 Oct 2012 13:09:29 +0000

Lucky thing for all of us actually. Now we have great powders from his company.

By: Henry

Henry — Wed, 03 Oct 2012 22:47:11 +0000

Holy crap!

25 tons for $1,500………and we’re paying $20/lb for the stuff now.

Editor: If you do the math, 25 tons = 50,000 pounds. 1500 divided by 50,000 = .03. So, the U.S. Government received $0.03 (three cents) per pound for its surplus 4895! Still that was better for the U.S. Treasury than dumping it at sea!