E. D. & F. MAN.
- Our firm, one of the oldest in London and probably the oldest sugar and cocoa brokers in the world. Founded by my great-grandfather in 1783, we celebrate our 150th. year in 1933.
- We are also the oldest customers of Lloyds Bank for over 100 years, where we enjoy a credit of £300,000. Our name spelt MA N is very distinct, and for many years we were the only one of that name in the London Directory, and is known throughout the world.
- Our credit is unique. We have received sugar from Natal worth some £800,000 - no bills drawn against it and merely told to dispose of it as and when we thought fit, and when we had collected the money, to cable owners. This also applies to Trinidad, who constantly ship in goods, sugar, cocoa, etc., sometimes to over a million without any drawing on as.
- We are sole Brokers to Admiralty and War Office for sugar and rum, and confidential advisers, for the past 67 years.
- We work very hard; the telephone is switched on to one of the partners' private house every night, and should the New York Sugar market vary ten points, we inform Liverpool, Glasgow, Bristol, Hull, etc., and frequently cable Mauritius up to 2. a.m.
- A few weeks ago we sold 75,000 tons of sugar at 1.45 a.m. I believe we are the only firm to do this. We are on the most friendly terms with Messrs. Tate & Lyle, the biggest refiners; in fact, our old offices, where we have been for over 70 years, are to be pulled down, so we have located ourselves in offices adjoining Messrs. Tate & Lyle, and which they formerly occupied, and have a private telephone to them. We are genuine Brokers and not jobbers, and give no credit, always cash against documents.
- We have a monopoly in the Rum market and probably do a larger business in cocoa than any other broker; we also deal in copra and palm kernels, etc.
- In spite of the bad times we have gone through, our business continues to expand, and when the tide turns in sugar, which is now some £4. a ton under cost of production, we expect an enormous business.
- I am in my seventieth year and have to spend six months every year in South Africa owing to my wife's health, which I have done for the last seven years - so I am no loss to the business, as I leave behind me a live wire.
F.H.D. MAN.
NOTES: This summary of the work of DF Man was written by Frederick Henry Dumas (Bob) Man in 1931 and was found among papers left by Hubert Man.