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[[preprinted]]
William and Pine Streets
KUHN, LOEB & CO.
New York,
[[/preprinted]]
March 1st, [[preprinted]] 192 [[/preprinted]]0

^[[checkmarks]]

My dear Mr. Seligmann:

I am in receipt of your letter of February 28th and thank you for your attention to the photographs of the two plates. Will you be good enough to give instructions to have the negatives sent me to [[underlined]] 932 Fifth Avenue [[/underlined]] after the necessary prints have been made. 

I am obliged to you for your suggestion as to the desk and appreciate your desire to make it possible for me to acquire it. I regret that I am unable to accept your proposition, but if I figure in the cost of my present desk, it results in a price for yours, which is greater than I feel inclined to pay. I would be willing to make the exchange on the basis of my desk plus Fcs. 175,000, but that is the extreme limit to which I would care to go. 

Sincerely yours,
[[signature]] Mortimer L. Schiff [[/signature]]

Jacques Seligmann, Esq.
705 Fifth Avenue, City.

S