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R. M. Armstrong
February 12, 1965
Sugar Stock and Sales Report 9th and In your Sugar Stock and Sales Report of theA10th there is a very curious listing of spot sales at a price of 8.80 alongside of spot sales about six times greater at 9.35. I would like for you to mention to me on Monday whether the latter sale was guaranteed and why the spot sales re- ported at 8.30 were sold at such a difference unless be- cause of freight or other expenses. I. H. Kempner