Reply to "Jones Counter Price increase"

alanjonesMember

I dug out Clain's accounting books and found that in June 1979 he bought 100 counters from Veeder-Root @ $5.56 and in March 79 he bought another 100 @ $5.96. I can't find the record but I think in the early days he was paying $3.95 per counter. He was charging $12 a counter in 1978 and $14 a counter in 1979. These figures approximately matched his age at the time.

Obviously, we were not very good business men. We should have been charging more. At the time he was selling 30 to 40 a month.

Shortly after Clain sold the business to the NYRRC, the price of the counters was about $20.

Tom, thanks so much for keeping the counters available and solving the gear problem.

Alan

4/10/138:49 AM

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