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[[letterhead]] United Press Associations
INCORPORATED IN NEW YORK
GENERAL OFFICES
NEWS BUILDING NEW YORK CITY

HUGH BALLIE
PRESIDENT [[/letterhead]]

July 3, 1935.

Mr. Leon Loeb,
Jacques Seligmann & Co., Inc.
3 East 51st Street,
New York, N. Y. 

Dear Mr. Loeb

Thank you very much for your letter of July 1 about available space in your Paris building.

However, we have a long-term lease on our present Paris quarters, which have been quite satisfactory, and therefore do not desire to make a change.

Sincerely yours,

[[signature]] Hugh Baillie [[/signature]]

HB:F