The Project Gutenberg EBook of About sugar buying for Jobbers, by B. W. Dyer

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Title: About sugar buying for Jobbers
How you can lessen business risks by trading in refined sugar futures

Author: B. W. Dyer

Release Date: September 5, 2009 [EBook #29915]

Language: English

Character set encoding: ASCII

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about
SUGAR BUYING
for Jobbers

_How you can lessen
business risks by trading in
Refined Sugar Futures_

_by_

B. W. DYER

A BOOKLET
FOR JOBBERS WHO
SELL SUGAR

_Lamborn & Company_
SUGAR HEADQUARTERS
132 FRONT STREET . NEW YORK

Copyright, 1921
LAMBORN & COMPANY

About Sugar Buying

Jobbers who have had considerable experience in exchange operations
will find in this booklet a simplified and non-technical description of
activities with which they may be in general familiar.

We believe, however, that the inauguration of trading in refined sugar
futures on the New York Coffee and Sugar Exchange, Inc., throws open a
new realm of opportunity.

We have attempted to outline briefly the chief advantages to be gained
by a jobber's use of this new market, assuming that those who have in
the past dealt in raw sugar as a protection for their refined sugar
needs will welcome suggestions as to the benefits to be derived from
trading directly in refined sugar.

Time, the Croupier of Business

Like a croupier at a vast roulette table, Time presides over the realm
of business.

Time is the tap-root of most business uncertainties.

No one can tell what will happen a year, a month, a day, a minute from
now--the future may bring floods and wars, pestilence and drouth; or it
may bring great crops and fair weather, happiness and prosperity.

As business has become more and more complicated, the time element has
become larger and larger. The time element as we know it does not exist
in simple barter--a man weaves a piece of cloth and exchanges it for