What Difference a Century Makes

Here at Shachihata, we are nearing our 100th Anniversary in 2025. As I thought about all the changes that have occurred in our company alone, I thought it might be fun to spend a moment and look at how our world has changed during the last century. Interestingly enough, in 1923, the world was just 4 years removed from its own pandemic. Let’s see what has changed and what else hasn’t…

1923 – Life expectancy was 57 years
2023 – Life expectancy is 76 years
1923 – Average U.S. salary was $3,269
2023 – Average U.S. salary is $54,132
1923 – Median home price was $6,296
2023 – Median home price is $385,800
1923 – Average price of a gallon of gasoline was $0.22
2023 – Average price of a gallon of gasoline was $3.49
1923 – Average cost of an automobile was $525
2023 – Average cost of an automobile is $40,273
1923 – Monthly rent average in New York City was $60
2023 – Monthly rent average in New York City is $3,345
1923 – The cost of a dozen eggs was $0.07
2023 – The cost of a dozen eggs is $4.25
1923 – The cost of a wedding was $400
2023 – The cost of a wedding is $28,000
1923 – The cost of a movie ticket was $0.15
1923 – The cost of a movie ticket was $9.17
1923 – One gallon of milk costs $0.33
2023 – One gallon of milk costs $4.52
Major U.S Populations

Chicago
1920 census – 2,701,705
2020 census – 2,747,231
 
Los Angeles
1920 census – 576,673
2020 census – 3,849,297
 
New York
1920 census – 5,620,048
2020 census – 8,804,190
1923 – Average work week was 50 hours
2023 – Average work week is 34.4 hours
Most Popular Mode of Transportation

1923 – Trains
2023 – Automobiles
Cost of One Year of College Tuition (only) at Stanford University

1923 – $160
2023 – $57,693

After looking back at the difference and similarities between 1923 and 2023, it’s safe to say that the only thing that has remained the same (more or less) is the population of Chicago, IL. Isn’t that interesting…

But this is a Shachihata blog. What changes has Shachihata seen? Well, here’s the quick story of the Mannen stamp pad…

Prior to 1925 and the development of the Mannen stamp pad by Shachihata, stamp pads had to be inked each time they were used – crazy right? The Mannen stamp pad introduced continuous stamp use without ink needing to replenish the ink. It was groundbreaking but was not quickly accepted by the public. Shachihata decided to give away the stamp pads as gifts to the police, local government offices, banks, and other public institutions. Their use verified the effectiveness of the new product and sales finally took off.

What changes will the next 100 years bring?

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