office building erected thereon, graded from 18 stories
fronting on Greenwich Street to 24 stories on the Trinity
Place side.
Earnings:

1928 1929
Net available for interest...... $173,100.80 $279,348.69
Interest first mortgage......... 96,000.00 96,000.00
Amortization ................. None 16,000.00
Price Range: Jan.-May., 1930—H. 87--L. 87.

Park Chambers
(New York City)
First Mortgage Fee 6% Serial Bonds
Amount: $800,000; retired, $168,000; outstanding,
Dated: April 25, 1923.
Maturity: June 1st, 1925 to 1938.
Interest: June and December 1st.
Taxes: Federal 4%—Penn., Conn., Maryland, Massachusetts.
Redemption: 105.
Trustee: Irving Bank Columbia Trust Company.

Appraised:
Land by Brown, Wheelock. Harris Vought &
Cor viii
Building, Donn Barber. .

$430,000
990.000

Total appraisal ........covveenn ..
Assessed 1930: $1,700,000.
Security: Fee estate in land on the southeast corner 58th
Street and 6th Avenue and the 17-story apartment building
erected thereon.
Earnings: This property is under a net lease which pays a
rental of $160,000 per annum, and the present interest requirements
 amount to $37.920.

$1,490,000

79 Madison Avenue Building
(New York City)

First Mortgage 6% Bond Certificates
Amount: $1,900,000; outstanding, $1,822,000.
Dated: Sept. 15, 1925.