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 4/10 Good --- www.wayneindependent.com http://www.wayneindependent.com/homepage/rss
Thursday, June 19, 2008 --- 63 days ago http://www.wayneindependent.com/homepage/x833715183/Rising-ammunition-costs-take
 REGION — Cody Stanton of Northeast Firearms on Main Street Honesdale stood pricing ammunition in an empty shop this Wednesday—repricing ammunition bought wholesale from another gun shop that went out of business the same day. “Sales are way down,” Stanton told the Independent, “People aren’t shooting as much.” Firearms dealers around the region have collectively noticed this drop in munitions sales, due to the ever-increasing cost of ammunition. “Prices have been rising steadily over the past couple years,” says Stanton. “Last summer these .223 cartridges were $4.19 a case. Now they’re $6.95.” According to Wikipedia, .223 cartridges are one of the most common rifle cartridges in use in the United States. When asked how Northeast Firearms can afford to have a sale with such a dip in sales, Stanton replied, “We have $50,000 in ammunition just on this one shelf. We have to get rid of it somehow.” The rising prices are not due to any federal regulations, but rather to an attempt to meet the rising wholesale costs, which is a trickle-down from the companies making the rounds. Kevin Dawe, owner of SanHelen’s Sport Shop, the vendor that went out of business, attributed his failure largely to the rising costs of ammunition. Of the source of these rising costs he sites wholesaler inflation, the rising cost of metals, and rising fuel costs. Of the latter, he says, “Without gas and people mobile, there are no sales. Dealers are mak ... |
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