may vary, the net rentals seem ample to meet the interest 
and amortization charges on these bonds, and the stability 
of the lessee entitled them to good investment position. 
Textile Building 
(New York City) 
First Mortgage Fee 6% 1958 Sinking Fund Gold Loan 
Amount: $7,350,000. 
Dated: November 1, 1928. 
Maturity: November 1, 1958. 
Interest: May and November 1st. 
Denominations: $1,000 and $500. 
Taxes: 2% Federal—also District of Columbia and any State 
tax not exceeding 5 mills, and Massachusetts 6% income 
tax. 
Redemption: 105 to 1931; 104 to 1934; 103 to 1938; 102 to 1943; 
101% to 1948; 101 to 1953—thereafter par. 
Trustee: New York Trust Company. 
Legal for Trust Funds in New York. 
Appraised: $11,500,000. 
Assessed 1930: $6,500,000. 
Security: Fee estate in land located on the east side of Fifth 
Avenue between 30th Street and 31st Street, Fifth Avenue 
frontage, 197 feet; 30th Street frontage, 164 feet; 31st Street 
frontage, 200 feet—and the sixteen-story office and mercan- 
tile building erected thereon completed in 1921. 
Junior lien: These bonds are followed by the lien of $2,400,000 
General Mortgage 7s, due in 1948. 
Earnings: 
Year 
1923 
1924 
1925 
1926 
1927 
1928 
Available for 
bond interest 
$786,038 
801,688 
855,177 
861,388 
875,056 
883,174 
Price Range: January-May, 1930—93545-90. 
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