DHE 16 Gauge SST Vent Rib:

[Bruce P Bruner]

The Parker Letter revealed the shotgun was ordered by the Wm. Hoegee Co. of Los Angeles, CA. founded in 1889. The company started out manufacturing awnings and tents for the mining and orange industry. By 1904 their outfitter store was 90,000 square feet located at 138 S Main St. LA. and also contained an expert gunshop. I have added a photo of William Hoegee's home.
The price listed in the 1928 was $227.00 plus $30.00 for the ventilated rib. Using the Inflation Adjustment Calculator today's cost would be $3931.38. I love 1/2 price Parkers.

[Larry the Gun Guy]

That's interesting and I too have seen those calculators for modern day costs as compared to costs of the day. However, in 1938 the newly enacted minimum wage was $.25 per hour and today I think it's around $15 an hour. That's a 60 fold increase. If we take the selling price of $227 times 60 that's about $13,620 if it were new, which makes a little more sense to me. Any way you look at it that's a beautiful gun and an incredible value at the Cabela's selling price. 45 states participate in the Power Ball lottery, I suggest you buy some tickets.