downtown financial district, Manhattan, and the 21-story
office building erected thereon.
Earnings: All interest paid in prior years, and $63,650 of
principal paid off.
1929, Net available for fixed charges.......
Interest on funded debt....... ...
$140,452.33
70.215.00
Times earned ..
29
60 Broadway Building
(New York City)
Ten~Year 7% 1934 Sinking Fund Gold Notes
Amount: Original $1.000.000—outstanding December 31, 1928,
$869,000.
Dated: October 1, 1924,
Maturity: October 1, 1934,
Interest: April and October 1st.
Denominations: $1,000, $500 and $100.
Redemption: At 110 on 30 days’ notice.
Taxes: Federal 2%—Penn. and Conn., 4 mills; Mass., 6%.
Trustee: Equitable Trust Company, New York.
Appraised: .
Joseph P. Day, Inc, and McKim. Mead
& White ..iiviiiriiiiiriniinnnnnnnnss
First mortgage due in 1954 5% ........
$5,554,965
2'900.000
Equity back of gold notes.....
Assessed 1930: $3,950,000. .
Security: 60 Broadway Building Corporation owns the fee
estate in the plot of ground bounded by Broadway, Ex-
change Place and New Street, in the financial district,
across New Street from the Stock Exchange. The plot has
9,000 square feet, and erected thereon is a 23-story office
building. The property is subject to a first mortgage in
the sum of $2,900,000 5% due in 1954.
Earnings:
Interest earned in 1925
1926
1927
1928
1929
$5 654.965
1.23
114
114
118
215
times
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