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Mary Alice and Gloria Foster

Ready for a dress rehearsal?

Come learn your lines at... Lord & Taylor

America's Dress Address®

Lord & Taylor, Fifth Avenue at 39th Street 212-391-3344

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"Now That You've Downsized, We'll Help You Build From Here."

Your company has joined the ranks of the formerly fat. You are now lean, and ready to take new, growth-promoting initiatives. To enhance stockholder value you want to modernize and become even more productive, or expand by acquisition.

Ask Chemical to help you finance your new initiatives. We can arrange bank financing through Chemical Bank or access the public or private debt markets through Chemical Securities Inc.

Our strategy is client-driven and designed to create financial solutions that fit your needs exactly.

To help you seize fast-breaking opportunities, Chemical is prepared to meet aggressive timetables and quickly bring even the most complex financings to a seamless close.

Call Chemical. We can work with you as a banker, advisor, and trading and investment partner, anywhere in the world.

We'll help you construct a company with the power to compete and win. In the process we'll build a relationship that benefits us both.

CHEMICAL  Expect more from us.®

©1994 Chemical Banking Corporation

Chemical Bank and Chemical Securities Inc. are separate subsidiaries of Chemical Banking Corporation. Chemical Securities Inc.-Member NASD/SIPC