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COLLEGE ART ASSOCIATION
20 WEST 58TH STREET
NEW YORK, N.Y.

THE ART BULLETIN
PARNASSUS
EASTERN ART

October 24th, 1931

Mr. Robert M. Levy
Jacques Seligmann & Co., Inc.
3 East 51st Street
New York City

Dear Mr. Levy:

Thank you for your letter of October 25th. We have noted the price and are being guided accordingly. We have also reduced the insurance from $15,000 to $12,000 in accordance with the revised sales figure.

Sincerely yours,
Audrey McMahon
Director of Traveling Exhibitions.