510 REPORT ON COOPERATION IN AMERICAN EXPORT TRADE,
hereby contracted, covenanted, and agreed by and between parties hereto in
manner and forms as follows:
(1) Gemeral.—The syndicate hereby contracts and agrees to sell and deliver
to the buyer, and the buyer hereby contracts and agrees to take and purchase
from the syndicate, its entire requirements of potash salts for the term, and at
the prices hereinafter stated, subject, however, to the exceptions and limitations
hereinafter set forth.
(2) Term.—The term of this contract shall be from the date hereof to and
including the thirty-first day of December, 1916.
(8) €rades.—The syndicate will furnish and the buyer shall have the right
to purchase and receive any of the grades hereinafter mentioned and in such
amounts as the buyer may require.
(4) Deliveries.—Deliveries of all potash shall be made by the syndicate free
on board ship at any German, Dutch, Belgian, or French port, at the option of
the syndicate. The title to the goods shall pass to the buyer and all interest
and ownership of the syndicate therein shall cease whenever and as soon as the
buyer has made payment to the syndicate against delivery of documents.
(5) Quantities.—The buyer contracts, covenants, and agrees to purchase and
take from the syndicate for shipment during each calendar year as a minimum
the quantity of twenty thousand (20,000) tons K:0. If buyer fails to make such
purchase or to take deliveries, or makes purchases from other parties, except as
in this contract allowed, the syndicate may terminate this contract.
(6) Prices.—The prices during the entire contract period shall be as follows:
Muriate of potash, 80-85 per cent, basis 80 per cent, in bags of 200 Ibs.
net weight eee eee $38. 05
Muriate of potash, min. 95 per cent, basis 80 per cent, in bags of 200 Ibs.
net Welght co eee mmm meee OD. BD
Muriate of potash, 98 per cent, basis 80 per cent, in bags of 200 lbs. net
VR LIU iim iii iin im iim mm Sn A mi Si i cm mimi iis S00
Sulphate of potash, 90-95 per cent, basis 90 per cent, in bags of 200 lbs.
net weight «oo eeeeee—— 46.30
Sulphate of potash, min. 96 per cent, basis 90 per cent, in bags of 200
he. net welght. oii ee ie mimes 304 BE
Double manure salt, 48-53 per cent, basis 48 per cent, in bags of 200 lbs.
net weight mmm. 24.45
(No charge for bags.)
Manure salt, min, 20 per cent, K:O (in bulk) comma eee. 18.30
Hard salt, min. 16 per cent (inbulk) ____ eee __ 10.65
Kainit, min. 12.4 per cent, K.O (in bulk) eee __ 8.25
per two thousand (2,000) pounds net weight; cost, freight, and insurance to
Boston, New York, Philadelphia, Baltimore. Newport News, New Orleans, Galveston.

Also cost, freight, and insurance to Norfolk, Wilmington, N. C., Charleston,
Savannah, Brunswick, Fernandina, Jacksonville, Mobile, Pensacola, provided
the syndicate ean arrange for full cargoes of at least 3,000 tons to said last
named southern ports. A discount of one and one-half (13) per cent shall be
allowed buyer for cash payments and deducted from the amount of each
Invoice, exclusive of freight.
The syndicate will allow and pay buyer a further discount at the rate of
thirteen and one-half (13%) per cent on concentrated salts (muriate of potash,
sulphate of potash, and double manure salt) and a discount of fourteen (14)
per cent on crude salts (manure salt, twenty (20) per cent, hard salt, and
kainit) to be deducted from the face amount of all invoices (including freight
and cash discount) for shipment during each calendar half year. One-half of
such discount, together with the cash discount hereinbefore provided for, shall
be deducted from the amount of invoice covering each shipment, and the balance
of said discount shall be paid the buyer by the syndicate at the end of each half
year; provided, however, that the buyer shall deliver to the syndicate or its
United States representative a statement in. writing setting forth the faet that
the buyer has purchased its entire requirements of potash salts during the said
calendar half year from the syndicate, or from other exclusive fertilizer syndicate
 potash buyers (except as hereinafter limited or restricted), and the delivery
 of such statement in writing is hereby made an express condition to the
right of the buyer to receive the balance of said discount hereinbefore mentioned
 ; and provided further, that the buyer shall have ordered and has been
ready to receive shipment of potash salts at the rate of twenty thousand
(20,000) tons KiO per year from the syndicate.