Appraised ....... veevee. $16,000,000
Assessed for tax purposes in 1930 ......... 14,300,000
Security: Fee estate in the ground bounded by Broadway,
Trinity Churchyard, Trinity Place, Cedar Street, with
Thames Street intersecting. On this property the two buildings,
 111 Broadway, and 115 Broadway, are erected—both
21-story high-type office buildings, in the very heart of
Manhattan’s downtown financial district.
Guarantor: The buildings are owned, and the bonds are the
obligations of, Trinity Buildings Corporation, controlled
through stock ownership by United States Realty and Improvement
 Company, which latter corporation guarantees
this issue of bonds.
Earnings: The earnings of these buildings are not reported
separately, but are part of the earnings of the guarantor,
United States Realty & Improvement Company, which are
as follows:

Net income
$897,092
2,487,803
2,704,650
3,335,691
3,365,569
4,224 089
5,421,939
5,522,095
5,516,303
~. 5,666,184
Price Range: January-May, 1930—10015-100%.

a aes

100 West 55th Street Building
(New York City)

First Mortgage Fee 1940 Sinking Fund 6%% Bonds
Amount: $1,400,000; retired, $125,000; outstanding, $1,275.000.
Dated: January 15, 1925.
Maturity: January 15, 1940.
Interest: January and July 15th.
Denominations: $1,000 and $500.
Taxes: 2% Federal—Penn., Conn., D. C., Mass.
Redemption: 104 to 1930; then 103% to 1935; thereafter 103.
Trustee: Metropolitan Trust Company.