What was advertised in a revolutionary American newspaper 250 years ago today?

“Palmer and Allen … are determined to dispose of many articles at prime cost.”
In the summer of 1776, Palmer and Allen sold a “Quantity of dry goods” and various spices at “the Shop lately occupied by Mr. Charles Dabney, near the East End of the Great Bridge, … in Providence.” They ran an advertisement in the June 15 edition of the Providence Gazette, announcing that they “Just opened” and made the selection available to consumers. To entice prospective customers, Palmer and Allen provided a lengthy list of dozens of items, including “superfine and middling priced broadcloths, … a quantity of blankets, … Barcelona and other silk handkerchiefs, … buckskin breeches, … silk and worsted knee straps, … mens and womens stockings, … blond and thread laces, … jack and pen knives, … womens white metal thimbles, … brass ink pots, … steel tobacco boxes, [and] a quantity of very beautiful enamelled and cream coloured ware.” Spices and other groceries on hand included pepper, allspice, tamarind, coffee, and “choice cocoa.” With such a lengthy list, Palmer and Allen provided a catalog of their merchandise.
In a nota bene at the end of the advertisement, the partners indicated that they wished to liquidate their inventory as quickly as possible. “Said Palmer and Allen being desirous to sell their goods speedily,” they informed readers, “are determined to dispose of many articles at prime cost, and the remainder for a very small profit.” By “prime cost,” they meant the direct cost to them as shopkeepers. In other words, Palmer and Allen claimed that they did not intend to charge any sort of retail markup for many of their wares, though they did not specify which of them customers could acquire at such a bargain. For the rest, they generated only a “small profit” with a small retail markup. Customers could not go wrong when they shopped at Palmer and Allen’s new store! The savvy entrepreneurs hoped that their pricing would attract consumers, especially those who imagined getting extraordinary deals. For some prospective customers, bargain prices may have transformed “wants” into “needs” as they envisioned themselves getting the better end of the deal when they made purchases from Palmer and Allen.





























