Station “F” 
(New York City Postoffice) 
First Mortgage 5%% 1947 Sinking Fund Bonds 
Amount: $550,000. 
Dated: February 1, 1927. 
Maturity: February 1, 1947. 
Interest: February and August 1st. 
Denominations: $1,000 and $500. 
Taxes: 2% Federal—Pennsylvania, Connecticut, California, 
Kansas, Maryland, Kentucky, Michigan, District of Colum- 
bia, Virginia, Iowa, New Hampshire, Massachusetts. 
Redemption: 102 to 1932; thereafter 101. : 
Trustee: New York Trust Company. 
Appraised: F. J. Bachelder & Co., Inc.—$944,000. 
Assessed 1930: $650,000. 
Security: Fee estate in land 160x983; at 221-229 East 34th 
Street, and the three-story mail~handling depot or building 
erected thereon. 
Earnings: Property leased to United States Government for a 
term extending beyond the maturity of the bonds, at an- 
nual rental of $55,250, with the option to the Government to 
purchase at certain prices at different dates during the 
lease, all bonds to be redeemed in event of purchase. 
The net available for interest is at least 1.75 times fixed 
charges, and considering the stability of the lessor, these 
bonds have good investment quality. 
Barc-Ray Holding Corporation 
(New York City) 
5-Year Guaranteed 61% Collateral Trust Bonds 
Amount: $3,000,000. 
Dated: July 15, 1929. 
Maturity: July 15, 1934. 
Interest: January and July 15th. 
Denominations: $1,000 and $500. 
Taxes: 2% Federal—Minnesota, Montana, Pennsylvania, Con- 
necticut, Vermont, California, Oklahoma, Maryland, District 
of Columbia, Michigan, Colorado, Kansas, Kentucky, Wy- 
2