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 Counter Offer Accepted.
HAESUNG INDUSTRIAL CO,. LTD.
C.P.O. Box 7917, xxx, xxx x |
Gentleman:
We accept your counter offer of August 6 in order to execute the first tran- section with you as follows.
YOURS SIXTH ACCEPTED FONECA
In the course of our negotiation by cable with you, we were reluctantly fored to cut price to a point where no margin of profit is left to us.
Please note that your limit price barely covers the cost of production, and therefore we shall be unable to maintain our quality without any increase in price for your further orders.
We will proceed with the execution of this order immediately upon advice of the establishment of a letter of credit.
A waiting your L/C No. and purchased order by return. |
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Yours very truly,
HEASUNG INDUSTRIAL CO,. LTD.
M.Y. Song
Director |
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| MY/MJ |
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