an adviser, as a constant seeker
after opportunities which will benefit his clients, as a partner whose
interest in his clients' profits and progress equals his interest in
his own.

Our experience has convinced us that the client secures the greatest
amount of protection in filling his sugar needs when one broker handles
all sugar transactions.

These exchange operations should be carried out when the market is out
of line in your favor. You need the best kind of advice, based on an
intimate knowledge of your business.

A single brokerage house becomes thoroughly acquainted with the
client's business and personnel, with the result that the two
organizations work in harmony virtually as partners, confusion and
misunderstandings are avoided, quicker and more advantageous
transactions are made possible.

The choice of that broker should be a matter of great care, for in
addition to the willingness to serve, he must have the facilities and
the financial stability. For, bear in mind that the broker with whom
you deal is the responsible party for the fulfillment of the contract.
Your contract is as good only as the reliability of your broker.

Lamborn & Company has become known throughout this country and abroad
as an institution for the service of all those who have a business
interest in sugar.

Lamborn Sugar Service is rendered through our head office at 132 Front
Street, New York, and through branch offices in Philadelphia, Chicago,
Savannah, New Orleans, Kansas City, Mo. and San Francisco.

Lamborn Service in all its phases is available to you as a jobber.

We shall be very glad to explain either in person or by letter what a
brokerage relationship with us involves, how it may be accomplished and
how transactions may be carried out.

LAMBORN & COMPANY

_Sugar Headquarters_

132 Front Street: New York

7 Wall Street: New York (Securities)

Havana and Cienfuegos, Cuba Paris, France
THE LAMBORN COMPANY LAMBORN & CIE

_Branches in the United States_

Philadelphia Savannah New Orleans Chicago
Kansas City San Francisco

_Members of_:

New York Coffee & Sugar Exchange, Inc.
New York Stock Exchange
New York Cotton Exchange
New York Produce Exchange
Chicago Board of Trade
London Produce Clearing House, Ltd.
Cable Address: Lamborn

Contract between Members of the New York
Coffee and Sugar Exchange, Inc.

The Standard Fine Granulated Sugar contract is as