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1947 Ballerina Painting - Can't make out artist's signature

I inherited this painting from my parents. In 1947 their interior designer took them to a New York City gallery for them to choose a painting that would set the tone for the interior decorating of their entire home. This is the painting that they chose. I love it so much but I can't make out the signature of the artist correctly. Does anyone know who this artist is and it's value?

Category: 
Paintings
Condition: 
Excellent
Medium: 
Oil
Distinguishing marks: 
There is a signature but I'm not able to distinguish the handwriting
Date Period: 
1947
Size and dimensions of this item: 
26" x 19"
History: 
My parents purchased it in 1947. Their interior designer took them to a gallery in New York City for them to choose a piece of artwork that would set the tone for the interior design of their home. This is the painting that they chose.
For Sale?: 
No

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