Spencer Repeating Shot Gun
From the Montgomery Ward Catalogue of 1895:
THE NEW MODEL SPENCER REPEATING SHOT GUN. $28.00.
(Single barrel). latest model: can be taken apart to pack. 1890 Model.
46577 The magazine is located under the barrel and will hold 5 cartridges. Damascus barrels, walnut pistol grip stock, checkered, beautifully finished throughout, and is superior to any double barrel shot gun in precision and penetration. Has few parts and is solid and substantial. Can be used as a single loader and cartridges in magazine held in reserve. 30 and 32-inch barrels, 7¾, 8¼ pounds, weight; 12 gauge. Each….. $28.00
Every gun warranted a good shooter, and perfect in every respect.
46577½ The Spencer Gun, same as 46577, except TWIST barrels and WOOD SLIDE and not checkered grip; iron butt plate, 12 gauge, 30 and 32-inch, 7½ to 8½ lbs; drop stock. 3-inch; length stock, 13½. 14 inch. Each….. $18.75
Note the discount between the two grades, as well as between this and the Burgess Shotgun previously mentioned.