Munson Building 
(New York City) 
First Mortgage Fee 15-Year 614% Sinking Fund 1939 Loan 
Amount: $4,000,000; outstanding, $3,385,000. 
Dated: May 1, 1924. 
Maturity: May 1, 1939. 
Interest: May and November 1st. 
Denominations: $1,000 and $500. 
Taxes: 2% Federal—Penn., Conn., Maryland, Mass, D. C. 
Redemption: 105 to 1934—thereaiter 1% less each succeeding 
year. 
Legal for the Investment of Trust Funds in New York. 
Assessed 1930: $4,300,000. 
Appraised: . 
Joseph P. Day, Inc......... ~v... $6,010,000 
Wm, Kennelly & Co, Inc..........  ........ 6,075,800 
Security: Fee estate in 12,160 sq. ft. of land, and the 25-story 
building erected thereon, at 67 Wall Street, known as the 
Munson Building—well located in the Wall Street district 
of downtown Manhattan. 
Guarantor: These bonds are guaranteed by Munson Steamship 
Lines, which controls the Obligor through stock ownership. 
Earnings: The earnings of the building are consolidated with 
the earnings of the guarantor, whose balance sheet as of 
June 30, 1928, shows capital and surplus of $9,683,782. 
Price Range: January-May, 1930—97146-97%. 
Equitable Office Building 
(New York City) 
35-Year Sinking Fund 1952 5% Debentures 
Amount: $10,500,000; retired, $1,957,000; outstanding, $8,537,000. 
Dated: September 1, 1917, 
Maturity: May 1, 1952. 
Interest: May and November 1st. 
Denominations; $1,000. 
Taxes: None. 
Redemption: At par. 
Trustee: Empire Trust Company. 
BG