The following text was automatically extracted from the image on this page using optical character recognition software:
Daily Cash Balances I have copy of your letter of the 16th to Mr. Lee Kempner and note you think well of Mr. Lee's suggestion that we request Louisiana mills to draw thirty days sight in place of the sight drafts they have been drawing, with the distinct understanding that immediate cash remittance will be made on the same terms as if they drew at sight. I am sure you and Mr. Louviere will realize the advisability of Imperial 6ugar showing a substantial cash balance on their December 31st statement even if they have to borrow on or before December 31st a fair amount of money to reflect such a balance. I. H. Kempner
Kempner, Isaac H. (Isaac Herbert), 1873-1967.[Letter from Isaac Herbert Kempner to George Andre, December 17, 1954],
letter,
December 17, 1954;
(https://texashistory.unt.edu/ark:/67531/metapth1133643/m1/1/:
accessed June 23, 2024),
University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.;
crediting Rosenberg Library.