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[LETTERHEAD OF SKADDEN, ARPS, SLATE, MEAGHER & FLOM LLP]
March 1, 2000
VIA EDGAR
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Securities and Exchange Commission
Division of Corporation Finance
450 Fifth Street, N.W.
Washington, D.C. 20549
Attn: Gregory Dundas
Re: Anthracite Capital, Inc.
Post-Effective Amendment No. 1 to
the Registration Statement on Form S-3
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Mr. Dundas:
On behalf of Anthracite Capital, Inc. (the "Company"), we hereby
request that Post Effective Amendment No. 1 to the Company's Registration
Statement on Form S-3 (File No. 333-75473) be withdrawn. The Company requests
that this withdrawal take effect immediately or as soon thereafter as is
practicable.
Should you have any questions or require additional information
regarding the foregoing, please contact the undersigned at (212) 735-2718 or
Edward Taibi of this firm at (212) 735-3868.
Very truly yours,
/s/ Vincent J. Pisano
Vincent J. Pisano
cc: Richard M. Shea - Anthracite Capital, Inc.
Robert Friedberg - Anthracite Capital, Inc.
