Quote:
Originally Posted by Tropics
A bottle of Coke was also 7 cents.
|
A great photo of Toronto.
Good eye - in 1950, the USA the price was 5 cents and the Canadian dollar was fixed relative to the USA dollar at 90.91 cents.
Sources:
http://www.parl.gc.ca/content/lop/researchpublications/prb0326-e.htm
http://en.wikipedia.org/wiki/The_fixed_price_of_Coca-Cola_from_1886_to_1959
So I've got too much time on my hands.
An astonishing if true snip from the Coke article:
"In another attempt, The Coca-Cola Company briefly implemented a strategy where one in every nine vending machine bottles was empty. The empty bottle was called an "official blank". This meant that, while most nickels inserted in a vending machine would yield cold drinks, one in eight patrons would have to insert two nickels in order to get a bottle. This effectively raised the price to 5.625 cents. Coca-Cola never implemented this strategy on a national scale."