Appraised:
Harris Vought & Co, ..-Geo.
 R. Read & Co. ... ....
Horace S. Ely & Co. ..  .... -..
Assessed 1930:
Land ......... $4,100,000
Land and building ..... ~... $6,100,000
Security: Leasehold estate in approximately 18,000 square feet
of land at the northeast corner of Fifth Avenue and 55th
Street, New York City, 120x150, and the 14-story office and
commercial building erected thereon. Lease extends to
1946 with two 21-year renewal privileges, average annual
rental during bond term, $181,753.
Earnings: Building 100% rented, comparatively long-term
leases.
1929 net earnings available for interest.......
Interest charges on this issue during said
period

a 4 bP BA BB 4 &

Times earned .

Price Range: January-May, 1930-97-95

42 Broadway Building
(New York City)

First Mortgage Fee 6% Sinking Fund Bond Certificates
Amount: $4,000,000—retired February 14, 1929, $500,000; outstanding
 $3,500,000.
Dated: January 1, 1924,
Maturity: January 1, 1939. }
Interest: January and July 1st.
Denominations: $1,000.
Taxes: 2% Federal. .
Redemption: 10134 to 1934; then 101 to 1937; 100% to 1938—
thereafter par.
Trustee: Central Hanover Bank & Trust Company.
Legal for Trust Funds in New York.
Assessed 1930:  $6.000.000.

Appraised:
Chas. F. Noyes & Co. .....
Joseph P. Day, Inc. ..

sseneane

$6,000,000
6.025.000

q5