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LETTERHEAD M. KNOEDLER & CO., SUCCESSORS TO GOUPIL & CO., 355 FIFTH AVENUE, NEW YORK. CABLE ADDRESSES. KNOEDLER _ NEW YORK. KNOEDLER _ PARIS. PARIS OFFICE, 2 RUE GLÜCK. /LETTERHEAD

NOVEMBER 22nd, 1899.

MR. H. C. FRICK, Carnegie Building, Pittsburg, Pa.

Dear Sir:

We beg to thank you for your check of Forty Thousand Dollars ($40000)., which reached us this morning, which amount has been placed to your credit, as requested.

We herewith return your receipted voucher for same.

Very truly yours,

SIGNED M. Knoedler & Co.

1 Enclosure.