Assessed 1930: $31,750,000.
Value (as carried in April 30, 1929, balance
sheet, less depreciation).................. $33,172,553
First Mortgage; Equitable Life............. 19,371,881

Equity ....... 2 ceenee... $14,800,672
Security: Fee estate subject to the above first mortgage, in
the entire block of land bounded by Broadway, Cedar,
Nassau and Pine Streets, and the 40-story office building
known as “120 Broadway” —the world’s largest office building.

Earnings:

1927
1928
1929

A Bat SP 4 UE BEA Se

Available
for interest - Interest
$2,959,470 $1,327,005
3,150,574 1,312,383
3.336.140 1.295.332

Times
earned
2.23
2.40
260

Price Range: January-May, 1930—92-8734.

The Alden
(New York City)
First Fee 6s—Serial
Amount: $3,000,000; outstanding 7-1-30, $2,807,500.
Dated: January 1, 1926.
Maturities: Jan. and July 1, 1930 to 1941.
Interest: January and July 1st.
Denominations: $1,000, $500 and $100.
Taxes: 2% Federal.
Redemption: 103 to Jan.. 1931; then 102% to Jan., 1936; thereafter
 102.
Trustee: Chatham Phenix National Bank and Trust Company.
Legal for Trust Funds in New York.

Assessed 1930: $3,250,000.
Appraised: Pease & Elliman, Inc., $4,500,000.
Security: Fee estate in land at the northwest corner of 82nd
Street and Central Park West, 175 ft. frontage on Central
Park West by 152.2 on 82nd Street, and the 15-story apartment
 building. erected thereon. The property is owned by
a subsidiary of Bing & Bing, Inc.