Foreign News: 5-&-10 Kopeks

Serious, square-headed Ivan I. Gordeeff, agent in the U. S. for Russia's great Torgsin chain-store system, proudly announced last week in Manhattan that Torgsin had taken over the U. S. 5¢-&-10¢? store idea. Torgsin's 5-&-10 kopek stores are already doing business in Leningrad, Moscow, Kharkov and a few other big cities. They are actually 5-kopek (4¢), 10-kopek (9¢), 25, 50 and 100-kopek or one-ruble (87¢) stores. Like all Torgsin stores they are designed as bait for foreigners' money. For 5-&-10 they sell knives, tumblers, toothpaste, soap, pins, pencils, notebooks, candy, sandwiches, tea,...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!