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LETTERHEAD M. KNOEDLER & CO., 355 FIFTH AVENUE, NEW YORK. PARIS, 23 PLACE VENDÔME LONDON, 15 OLD BOND STREET. CABLE ADDRESSES } NEW YORK KNOEDLER } PARIS

} LONDON

/LETTERHEAD

NOTE File /NOTE

October 14, 1905.

Mr. H. C. Frick, 640 Fifth Ave., N. Y. City.

Dear Sir:

We hasten to inform you that the prices of the two pictures are as follows: --

Josef Israels, "Sleeping Baby," $25,000, This picture was in the Salon of 1883, and is considered the artist's masterpiece.

Constant Troyon, "Milking Time," $75,000. This picture is a masterpiece, and speaks for itself.

Respectfully,

SIGNED Thos Gerrity for M Knoedler & Co

NOTE File "Knoedler" /NOTE