SANBORN, Circuit Judge.
The facts out of which this controversy arises are virtually undisputed. On April 1, 1926, the Jonesboro Compress Company (which will be referred to as the "buyer") agreed, in writing, to purchase from Mente & Co., Inc., as seller, "3 cars (about 30,000 lbs. each) Mente New Rewoven Patches about 3 lb. F. O. B. N. O. [New Orleans] at 7.91¢ per lb." The contract contained the following provisions:
(1) The goods "to be shipped...
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