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I think that cost of PH was $27.00.
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Huh? From its introduction in 1890, until WW-I inflation set in, the List Price of a PH-Grade was $65.00 --
Quality P.H. Blue Ink Catalog.jpeg
Quality P.H. Ejector Catalog.jpeg
According to a 1906, Wm. Read & Sons catalog, the actual Net Price of a PH-Grade was $48.75, as was the price in the 1902 Sear, Roebuck & Co. catalog. On the West Coast, the 1907 Wm. H. Hoegee Co. catalog shows the PH-Grade with a list price of $65 and a Net Price of $50.