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, Exchange
 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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