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Not ansd. File NEW YORK, 355, FIFTH AVENUE. PARIS, 2, RUE GLÜCK. CABLE ADDRESSES KNOEDLER, LONDON. KNOEDLER, NEW YORK. KNOEDLER, PARIS. TELEPHONE 1373 GERRARD. TELEPHONE 1292 MAYFAIR. 15, OLD BOND STREET, LONDON, W.

18 June 1906. Dear Mr. Frick, Roland has sent me your cable & I have written N.Y. to send you a bill July 1st $65.000.- for Cappelle. We have a heavy payment of $45.000.- to make here on July 14, so if it would be agreeable to send us a check the 10th, it would be welcome, this is merely a suggestion and meantime plenty of money may come in, but some people are very slow. I have nothing to say except that I am glad the Cappelle is yours as you will probably never see so fine an example for sale again – We have heard from Russia this m'n'g [morning] & our final bid of £55.000.- has been refused & they stick at £80.000.- So we have practically given them up unless you would like to have them & give us 10% commission which must [end page 1 of 4]