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Counter Offer Asking More Discount

WILSON & CO,. LTD.
50 Liberty Street, xxx,
N.Y, 10005, xxx
Gentlemen:
We are in receipt of your firm offer of Aug.5 for 500 dozen of Cotton Shirts, Style No. 10 at US $10.70 per dozen C.I.F. xxx for August shipment and L/C payment. Below is cable with our counter as follows:

YOUR FIFTH ACCEPTABLE SUBJECT TEN DOLLARS FIFTY CENTS
TOTALING 5,250 DOLLARS CABLE WILCO.

In view of the current price in this market your price is rather high. You must remember that the competition in this line is very strong and that your competitors are offering lower prices than yours.

We would like to transact most of our business with you and we have cabled you a counter offer, asking for further discount. So unless you can accept this price the business will fall through.

We hope you will accept our price.
  Yours very truly,
WILSON & CO., INC.

Phillip Adams
Vice President
PA/JC

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