FACTS & FIGURES: Mail-Order Markdown

Lower. Prices are cut an average of 10% in the midsummer catalogue, of Sears, Roebuck & Co. Women's clothing is down as much as 56% (average 13%), men's clothing as much as 35%, home furnishings as much as 34%.

Pen Pinnacle. For those fed up with ball-point pens, the Everlast Pen Co. has a new model. At one end is a ball pen, at the other end, a conventional fountain pen. The price: 89½.

Record High. Volume of consumer credit reached a new U.S. peak at the end of April, the Federal Reserve Board reported. April's increase of $207,000,000, due largely...

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