Word: penses
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The Best Flannel. One consequence was that the main bedroom in the Leighton house was littered with oatmeal dust and old lemon peels "turned all conceivable shades of blue and green mold." Underneath a study table heaped with notes scrawled on brown paper bags, paste pots, unpaid bills and old...
Reynolds, whose pens retailed for $12.50 before he started cutting prices, had started to bring out his latest models' to retail for $1.69 and $2.69 (at most, it costs him 33? to manufacture his ballpoints). So he wanted to clean out his stock of 350,000 obsolete models which...
In Manhattan, Macy's grabbed up 150,000 of them, burst forth one morning last week with ads offering to sell them for 98? apiece, or three for $2.79. Gimbels, which had been selling the pens for $3.85 only the day before, slashed the price next day to 94...
At this price, Gimbels sold $3.85 pens so fast that it soon ran out, started dealing off new-model $1.69 and $2.69 Reynolds pens at the same bargain price. This disturbed Milton Reynolds so much that he threatened to sue Gimbels under the Fair Trade Act unless the store stopped...
With that statement, few would quarrel. What made it craziest was the fact that nothing could stop people from buying ball-points by the thousands, despite the fact that they 1) often failed to work (Reynolds alone got back 104,643 defective pens in his first eight months) or 2...