Earnings: Bing & Bing, Inc, do not report the earnings of
their buildings separately. The consolidated income of
the parent company is as follows:
1929 1928
Total income...... $4,006,573 $4,267,026
Expenses ......... 495,004 1,235,684
Depreciation ...... 11,0942 1,308,634
Balance ...... $2,417,523 $1,722,708
Price Range: January-May, 1930—9814-95.
The Dorset
(New York City)
First Fee Serial 6s
Amount: $2,750,000; outstanding 7-1-30, $2,602,500.
Dated: May 1, 1926.
Maturities: January and July 1, 1930 to 1941.
Interest: January and July 1st.
Denominations: $1,000, $500 and $100.
Taxes: 2% Federal-—Penn. and Mass.
Redemption: 103 to July, 1931: then 102% to July, 1936; there-
after 102.
Trustee: Nicholas Roberts.
Assessed 1930: $3,050,000.
Appraised: Pease & Elliman, Inc, $3,825,000.
Property: Fee estate in plot 194 feet 7% inches by 100 feet 5
inches, on the south side of 54th Street, between 5th and
6th Avenues, and the 18-story apartment hotel erected
thereon.
Earnings: This property is owned by a subsidiary of Bing &
Bing, Inc. Iis earnings are consclidated in the income
account of Bing & Bing, Inc., which is reported above.
Price Range: January-May, 1930-97-96.
Hotel St. George
(Brooklyn, N. Y.)
First Fee 5%% Bond Certificates—Series A
Amount: $8,000,000.
Date: November 1, 1928.
Maturities: May and November 1, 1932 to 1943,
iy