[go: up one dir, main page]

US1359603A - Jules jokel - Google Patents

Jules jokel Download PDF

Info

Publication number
US1359603A
US1359603A US1359603DA US1359603A US 1359603 A US1359603 A US 1359603A US 1359603D A US1359603D A US 1359603DA US 1359603 A US1359603 A US 1359603A
Authority
US
United States
Prior art keywords
cost
resultants
freight
tare
insurance
Prior art date
Legal status (The legal status is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the status listed.)
Expired - Lifetime
Application number
Publication date
Application granted granted Critical
Publication of US1359603A publication Critical patent/US1359603A/en
Anticipated expiration legal-status Critical
Expired - Lifetime legal-status Critical Current

Links

Images

Definitions

  • This invention relates to a computing method and table and has for its object the provision of a new method and table for determining easily, quickly and accurately, with little or no mental or manual calculation, the possible selling price or cost price, or other price of any market commodity at any given destination, on the basis of any given cost.
  • the determination of such possible selling price, or cost price, or other price provides for the inclusion of the freight charges, interest, collection charges, commission, or other charges, together with the cost of insuring the shipment when desired, taking into account the percentage tare which is the expression in per cent. of the ratio of the diiterence between the gross shipping weight and the net weight of any package or unit to the net weight thereof.
  • the table may comprise, for convenience. a number of cards, sheets or lists provided with longitudinally arranged rows of series of resultant numbers and at least two columns of index numbers.
  • the simplicity of the method and the facility with which the table may be used is due to the fact that two resultant numbers may be utilized in all calculations of possible selling prices or other desired prices for all commodities.
  • sultant numbers is evolved from and based upon a cost of one cent ($.01) and an insurance rate or' any percentage upon the F. A, S. or other cost valuation. For examplq' with an insurance rate of oneper cent. (1%) upon the usual one hundr'dtind ten per cent. (110%) cost valuation, the constant is computed as followsz .01 cost.
  • Another item which enters into the determination of the possible sellingtprice is the freight rate.
  • F or example let us consider the freight rate of twenty-eight dollars ($28.00) per ton of two thousand two hundred and forty (2,240) pounds. This is at the rate of one dollar and twenty-five cents ($1.25) per one hundred (100) pounds.
  • the commodity in question is alcohol, which is packed in drums of one hundred and ten (110) gallons each, weighing seven hundred and sixty (760) pounds net and nine hundred (900) pounds gross when packed for shipment; the percentage tare then being equal to,
  • resultants may be readilyevolved which are based upon any given freight-rate or other charges for no tare or a definite percentage tare. These resultants may be used in the calculation of the possible selling prices or costs or other prices of all-market commodities having the same percentage tare, when the freight rate is any amount per unit of weight or measure.
  • the invention comprises the provision of two systems of series of resultant numbers; one series computed on unit cost per unit weight or measure, plus insurance or any other charges on the unit F'. A. S. or other value.
  • the invention consists further in various details of arrangement of the series of resultants on the computing table, which are described in connection with the accompanying drawin
  • a computing table which may comprise a sheet or card upon which is arranged six columns of resultant figures, and two columns of in.- dex figures.
  • (freight rate) represents the index column of freight rates expressed in dollars per ton.
  • the succeeding columns entitled 100 kilograms and hectoliters are obtained by multiplying the resultant numbers as they appear in the unit measure column by factors to change gallons into 100 kilogram units and hectoliters, respectively.
  • the column entitled F. X. S. represents the free alongside ship cost in hundredths of a dollar.
  • the fourth column of resultants entitled gallons is a series of F. A. S. costs minus unity, per unit measure, plus insurance at unit per cent on 110% F. A. S. cost valuation.
  • the succeeding columns, the fifth and sixth involve similar resultants as appear in the fourth and are obtained by multiplying the resultants by factors to change gallons intrr 100 kilogram units and hectoliters, respectively.
  • a series of resultants may be compiled for unit measure or weight at various freight rates, but without tare and anothepseries of resultants may be compiled at corresponding freight rates but on a basis of a tare of one per cent.
  • a resultant may be obtained for a given freight rate at any particular percentage tare.
  • the method I and computing table may be used for any other purpose for the determination of any desired price. irrespective of whether or not the determination of such particular price requires a rearrangement of the table or a further compilation of resultants which may involve the use of real values for assumed values in any or all of the columns of resultants and I consider such a modification within the broad scope of my invention.
  • A... computing table for determining the price of a unit weight or measure of any market conimodity'at any destination including both the cost of the freight and the insurance thereon comprising a sheet having ruled index colunms and rows of numerical resultants thereon, said rows containing numerical resultants based on the cost of the commodity per unit weight or measure at an insurance rate on the cost valnation, and numerical resultants based on unit cost per unit weight or measure at a given freight rate with a percentage tare, all of said columns and rows of resnltants being arranged in such relation to each other as to enable the indication of the numerical value of all possible combinations of the annnerical resnltants for all possible combinations of freight rates and costs.
  • A. computing table for determining the price of a, unit weight or measurecf any market commodity at any destination of shi nnent, including both the cost of the freight and the insurance thereon comprising a sheet, two ruled index columns thereon, one of said columns containing various freight rates successively arranged therein, a longitudinally arranged row of numerical resultants, each of which is based upon a ost of unity per unit weight or measure at a given freight rate for a given percentage tare, and arranged oppositely to the corresponding freight rate in the said index column, the second of said index columns containing various costs per unit weight or measure and a seeol'ld longitudinally ar ranged row of nznnerical resultants, each of which is based upon a cost of unity and at any rate per cent.
  • each oi said resultants being oppositely arranged to its corresponding cost, all of said columns and rows of resultants being arranged in such relation to each other as to enable the indication of the numerical value of all possible mnnbinations of the numerical resultants for all possib le combinations of the freight rates and costs.

Landscapes

  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)

Description

J JOKEL. COMPUTING TABLE. APPLICATION FILED 050. 30.1919.
1,359,603. Patented Nov. 23, 1920.
2771.6. 1 R Ga Zion I Fry 17011101072125 Gallon 100109 f/e/F'l'olzlred 1 12) C051 1 1 000066 2, 070 730 '2. 210 3.75 J5 30.7 700 10. 070020 .9. 001611 21 .007060 2.70 7627 2.01.5060 06 .366060 11.200003 0.016717 22 .09/363 2.016621 2.013505 67 .66 6.000 11.616702 0.616623 25 .005007 3. 53016 2.611100 68 .370070 11.060001 0.662029 20 .00070/ 6.151000 2.600 766 00 .36 0160 12.261060 10.160066 '5 .102006 6.260203 2.706660 00 .590200 12.56.371 10117171 26 .106120 3 267007 2. 003025 01 .0 00000 12.006078 10.660207 27 .100620 3.600001 .001620 02 010610 13220067 0. 061363 20 .113617 6 .622006 2.000116 03 .0216 20 10.661606 112160 2 29 .117211 0. 700770 6.006 710 00 .0 007.30 16.070366 11.066660 .10 .120006 6.000673 6.100605 06 .000000 10 107010 11762671 :11 .120600 3.076667 3.201000 06 050960 10610673 12.017777 .72 120 203 0. 000001 0. 660006 0 7 1066060 10.602662 12.206665 65 161067 0.212356 3.007050 06 .0 75170 15.160091 12.55.3909 .70 106601 0.000200 3.600606 00 .066200 16. 007660 12021006 1.59.375 11.000100 0 .602200 60 .0 0 6300 16. 0/06 00 1.3. 006201 .16 .103 69 0.666067 6 770076 61 60660.0 16.162060 13.65660 7 .17 .106703 0.665931 0.677070 62 .616610 16.066627 16.622013 .06 .160067 0 .601625 3.97.7065 66 .525720 16.776206 13.88.9513 .00 .150 1.61 1.010710 0.072660 60 6527600 17.100006 10.166626 10 167 006 6. 03 7613 0.170266 66 .606000 17.026600 1002.173 1 1/ .161600 6.166607 0.267060 66 .606060 17.706263 10.600637 12 .166206 6. 27.2001 0.366006 67 .66 6160 10.060022 11.967903 4 3 I 6002 7 6. 601206 0.066 000 66 .6 762 70 10.60166} 16. 226009 00 .I72621' 5. 500109 0.660635 60 .68 6.380 18. 710200 15.492 5! 06 .176616 6. 627085 0. 6.78230 6 0 .606000 10.066609 16. 760261 06 .10 0000 6.700077 0. 7.56026 6 1 .60 60 00 19.65.9660 16.026667 0 7 .100 700 6. 062071 0.060020 62 .6167 10 10.602217 16.203073 0 0 1107607 6.000706 0.061016 63 .626020 20. 000676 16.660679 00 I01 001 6. 006660 6.000 610 60 .6-3 6060 20. 027666 16.027666 7 .00 100706 6. 216663 6.106206 66 .60 7000 20.660100 11000 7.91 61 T 100170 6. 660007 6.206000 66 .06 7/60 20.072663 17.36 16.17 62 202173 6. 062601 6.00 1306 6'7 .607260 21206612 17- 62 62 .205067 6.670266 6.033900 68 .6776 7d 21.610171 17.896109 .71, 200501 6. 000120 0.606606 60 .68 7000 21.010000 18.163215 0.1 .2102 6. 000025 6.634160 70 .09 7600 22.260081 101 021 00 .210000 0.025017 .1. 7.11 77.5 71/ .70 7700 22.006100 16.607 7. 67 .220606 7.001011 6.620070 72 .71 7010 22 .900607 18.060663 .10 .220667 160706 6.026056 73 .72 7020 20.261066 10.231660 .60 228031 7. 277600 6 0206 .73 0060 26.660125 10.096 705 0 2 01726 7. 6 06000 6 122 166 76 70 0 1 00 23. 6 76 700 10. 76 6661 61 20.6010 7.51336 7 6 .210 760 76 .766260 20.100003 20.062067 52 .200110 7.631281 0.017.106 77 .76 0660 20.62.2102 20. 300063 60 202007 7. 700176 6.010000 76 7700 70 20.000761 20.667160 .60 206601 7-6 67 6 9 6.012 666 7.0 766600 26.167020 20. 660276 66 .260106 7.060063 6.010160 60 .706690 26.090072 21.101301 For fare of 10.0 gmwtoz UNITED STATES PATENTOFFICE.
JULES JOKEL, OF NEW YORK, N. Y.
COMPUTING-TABLE.
Specification of Letters Patent.
Patented Nov. 23, 1920.
Application filed December 30, 1919. Serial No. 348,299.
This invention relates to a computing method and table and has for its object the provision of a new method and table for determining easily, quickly and accurately, with little or no mental or manual calculation, the possible selling price or cost price, or other price of any market commodity at any given destination, on the basis of any given cost. The determination of such possible selling price, or cost price, or other price, provides for the inclusion of the freight charges, interest, collection charges, commission, or other charges, together with the cost of insuring the shipment when desired, taking into account the percentage tare which is the expression in per cent. of the ratio of the diiterence between the gross shipping weight and the net weight of any package or unit to the net weight thereof.
Heretofore it has been customary in the solution of any given problem of this nature, to compute the freight charges on the gross weight or cubic measurement of the unit, together with the cost of insurance or other charges upon the F A. S. (free alongside ship) cost or F. O. B. (free on board) cost or other cost. This method of procedure may involve four or five, or more separate calculations, as the case may be. It is tedious and laborious and involves the possibility of error in the numerical result through mistakes made in the various steps of the calculation. v
In accordance with this invention only a single simple arithmetical addition is required of two figures which are to be found in the computing table. The table may comprise, for convenience. a number of cards, sheets or lists provided with longitudinally arranged rows of series of resultant numbers and at least two columns of index numbers. The simplicity of the method and the facility with which the table may be used is due to the fact that two resultant numbers may be utilized in all calculations of possible selling prices or other desired prices for all commodities. sultant numbers is evolved from and based upon a cost of one cent ($.01) and an insurance rate or' any percentage upon the F. A, S. or other cost valuation. For examplq' with an insurance rate of oneper cent. (1%) upon the usual one hundr'dtind ten per cent. (110%) cost valuation, the constant is computed as followsz .01 cost.
.0110 basis for insura-nce-'110%.cost.
.01 insurancerate.
.000110 cost of insurance. .01 cost.
.01 0110 :cost plus insurance constant.
With this constant as a workingbasis, a table or tables of resultants may be readily compiled for all F. A. S. or other costs which will serve for all commodities. If the commodity, for example, has an F. A.,S. cost of the constant .010110 is multiplied by 37 (38 minus unity) and a resultant is thereby obtained for all commodities selling at 38 per unit weight or measure.
Another item which enters into the determination of the possible sellingtprice, is the freight rate. F or example, let us consider the freight rate of twenty-eight dollars ($28.00) per ton of two thousand two hundred and forty (2,240) pounds. This is at the rate of one dollar and twenty-five cents ($1.25) per one hundred (100) pounds. Assuming that the commodity in question is alcohol, which is packed in drums of one hundred and ten (110) gallons each, weighing seven hundred and sixty (760) pounds net and nine hundred (900) pounds gross when packed for shipment; the percentage tare then being equal to,
At one dollar and twenty-five cents ($1.25) per hundred pounds the'freight charges on nine l'iundr'ed (900) pounds is eleven dollars and twenty-five cents ($11.25) and one hundred and ten per cent. (110%) of eleven dollars and twenty-five cents ($11.25) is $12375.
One series of the re- The cost of 110 gallons at $.01 per gallon is $1.10 and the cost of insurance at one per cent. (1%) is $012375, making a total of $1248.58? To reduce this total to a unit measure basis it should be divided by one hundred and ten (110) there being one hundred and ten (110) gallons in the drum whose net weight is seven hundred and sixty (760) pounds. As a result of this calculation, the resultant .113517 is obtained. If this form of calculation is followed for a freight rate of twenty-nine dollars ($29.00) per ton. the resultant .117211 will be obtained. The difference between these two resultants is .003694, which is a constant and represents the difference between any two successive freight rates differing by one dollar per ton for a tare of 18.4%.
It will thus be seen that a second series of resultants may be readilyevolved which are based upon any given freight-rate or other charges for no tare or a definite percentage tare. These resultants may be used in the calculation of the possible selling prices or costs or other prices of all-market commodities having the same percentage tare, when the freight rate is any amount per unit of weight or measure.
Not only does this improved method and table provide for fluctuations in the market *alue of commodities, but it also provides for all possible freight rates, insurance rates, charges, etc. It will thus be seen that the invention comprises the provision of two systems of series of resultant numbers; one series computed on unit cost per unit weight or measure, plus insurance or any other charges on the unit F'. A. S. or other value.
tion, and the other series on unit cost per unit measure or weight, plus freight on unit weight or measure, which includes percentage tare, plus insurance on unit cost valuation. By adding any two of these resultants corresponding to a given cost and a given freight rate, the possible C. I. F. (cost, insurance, freight included) or other price of any market commodity having no tare or a definite percentage tare, may be readily determined. e
The invention consists further in various details of arrangement of the series of resultants on the computing table, which are described in connection with the accompanying drawin In. the drawing there is illustrated a computing table which may comprise a sheet or card upon which is arranged six columns of resultant figures, and two columns of in.- dex figures. The column entitled F. R.
(freight rate) represents the index column of freight rates expressed in dollars per ton. The column entitled gallonsrepresents resultants per unit measure for a definite percentage tare (in this case approx lately 18.4%). The succeeding columns entitled 100 kilograms and hectoliters are obtained by multiplying the resultant numbers as they appear in the unit measure column by factors to change gallons into 100 kilogram units and hectoliters, respectively.
The column entitled F. X. S. represents the free alongside ship cost in hundredths of a dollar. The fourth column of resultants entitled gallons, is a series of F. A. S. costs minus unity, per unit measure, plus insurance at unit per cent on 110% F. A. S. cost valuation. As in the case of the second and third columns of resultants, the succeeding columns, the fifth and sixth, involve similar resultants as appear in the fourth and are obtained by multiplying the resultants by factors to change gallons intrr 100 kilogram units and hectoliters, respectively.
The facility and ease with which any problem may be solved by the use of the computing card is well illustrated by the following example: Let the freight rate be twenty-eight dollars ($28.00) per ton, the commodity be anything having a percentage tare of approximately 18.4% and let the F. A. S. cost be thirty-eight cents ($.38)
per-gallon. The problem is; what will be the 6. I. F. (cost, insurance, freight, in-
eluded) price per gallon at a point to which the commodity will be shipped.
Le us now refer to the index column F. R. and look opposite the figure 28 and in the first column of resultants entitled gallons. Here We find thenumerical resultant .113517. Now referring to the index column entitled F. A. S. cost andopposite the number 38 and in the fourth column of resultants entitled gallons, we find the numerical rcsultant .374070. Adding the two resultants together we have $487587, which is the C. I. F. price per gallon at the desired destination.
As a further modification a series of resultants may be compiled for unit measure or weight at various freight rates, but without tare and anothepseries of resultants may be compiled at corresponding freight rates but on a basis of a tare of one per cent. Thus by adding a resultant for a given freight rate on a basis of one per cent. tare to a second auxiliary resultant for the same freight rate but on a basis of zero tare, a resultant may be obtained for a given freight rate at any particular percentage tare.
While this invention has been illustrated and described in connection with a computing table particularly adapted for use in connection with the determination of a cost insurance freight included I. F.)
price it is to be understood that the method I and computing table may be used for any other purpose for the determination of any desired price. irrespective of whether or not the determination of such particular price requires a rearrangement of the table or a further compilation of resultants which may involve the use of real values for assumed values in any or all of the columns of resultants and I consider such a modification within the broad scope of my invention.
I claim 1. A... computing table for determining the price of a unit weight or measure of any market conimodity'at any destination including both the cost of the freight and the insurance thereon, comprising a sheet having ruled index colunms and rows of numerical resultants thereon, said rows containing numerical resultants based on the cost of the commodity per unit weight or measure at an insurance rate on the cost valnation, and numerical resultants based on unit cost per unit weight or measure at a given freight rate with a percentage tare, all of said columns and rows of resnltants being arranged in such relation to each other as to enable the indication of the numerical value of all possible combinations of the annnerical resnltants for all possible combinations of freight rates and costs.
2. A. computing table for determining the price of a, unit weight or measurecf any market commodity at any destination of shi nnent, including both the cost of the freight and the insurance thereon, comprising a sheet, two ruled index columns thereon, one of said columns containing various freight rates successively arranged therein, a longitudinally arranged row of numerical resultants, each of which is based upon a ost of unity per unit weight or measure at a given freight rate for a given percentage tare, and arranged oppositely to the corresponding freight rate in the said index column, the second of said index columns containing various costs per unit weight or measure and a seeol'ld longitudinally ar ranged row of nznnerical resultants, each of which is based upon a cost of unity and at any rate per cent. of insurance, each oi said resultants being oppositely arranged to its corresponding cost, all of said columns and rows of resultants being arranged in such relation to each other as to enable the indication of the numerical value of all possible mnnbinations of the numerical resultants for all possib le combinations of the freight rates and costs.
In testimony whereof I atlix my signature.
' JULES JOKEL.
US1359603D Jules jokel Expired - Lifetime US1359603A (en)

Publications (1)

Publication Number Publication Date
US1359603A true US1359603A (en) 1920-11-23

Family

ID=3396916

Family Applications (1)

Application Number Title Priority Date Filing Date
US1359603D Expired - Lifetime US1359603A (en) Jules jokel

Country Status (1)

Country Link
US (1) US1359603A (en)

Similar Documents

Publication Publication Date Title
Tintner The variate difference method
Simon The United States balance of payments, 1861-1900
Ayres An index number for state school systems
US1359603A (en) Jules jokel
Ferguson The relationship of business size to stability: An empirical approach
Dull Mathematics for engineers
Dimand Editorial Introduction with Selected Documents
Mitchell Section I Studies OP Minimal Essentials in Elementary School Subjects Some Social Demands on the Course OP Study in Arithmetic
Nash The balance of payments and foreign capital flows in eighteenth-century England: a comment
Burns The Quantity Theory and price stabilization
Fisher A weekly index number of wholesale prices
Turner A Study of Vocabulary in Arithmetic
Bobbitt The technique of curriculum-making in arithmetic
Bivins The ratio chart in business
US870568A (en) Chart for computing-scales.
Groesbeck The Crittenden Commercial Arithmetic and Business Manual...
Hind The Principles and Practice of Arithmetic: Comprising the Nature and Use of Logarithms
Moore New commercial arithmetic
Bennett A New System of Practical Arithmetic, Particularly Calculated for the Use of Schools in the United States: Containing a Large Proportion of Examples in Federal Money, in Each Rule Throughout the Work
Monmouth et al. Vocabulary difficulties
Hoyt et al. The New Everyday Arithmetic
Kelley Certain properties of index numbers
Robinson The Progressive Higher Arithmetic: For Schools, Academies, and Mercantile Colleges...
Wentworth et al. Junior high school mathematics
Gregory A Note on Russia's Merchandise Balance and Balance of Payments During the Industrialization Era