however, is judged by the stability and earnings of the guar- 
antor—United States Realty & Improvement Company which 
are as follows: 
1920 
1921 
1922 
1923 
1924 
1925 
1926 
1927 
1928 
1929 
$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 
Chrysler Building 
(New York City) 
First Mortgage Leasehold 1948 Sinking Fund 6% Bonds 
Amount: $7,500,000. 
Dated: October 1, 1928. 
Maturity: October 1, 1948. 
Interest: April and October 1st. 
Denominations: $1,000 and $500. 
Taxes: 2% Federal—Minnesota, Pennsylvania, California, 
Connecticut, Vermont, Maryland, District of Columbia, 
Colorado, Nebraska, Kansas, Kentucky, Virginia, Iowa, New 
Hampshire and Massachusetts. 
Trustee: Central Hanover Bank & Trust Company. 
Appraised: 
Cushman & Wakefield, Inc. ................ $13,780,000 
Brown, Wheelock, Harris, Vought & Co., Inc. 13,000,000 
Security: Leasehold estate extending to 1953 with two 21-year 
renewal privileges, leased from Cooper Union, fee unen- 
cumbered, average annual rental $267,000, in plot of ground 
with entire block frontage on east side of Lexington Ave- 
nue between 42nd and 43rd Streets, area 37,555 square feet, 
20010” frontage on Lexington Avenue, 205 ft. frontage on 
43rd Street, and 1672” frontage on 42nd Street. Site is 
improved with the world’s tallest building, sixty-eight 
stories and tower, with subway entrance in building. 
Record: Building will not be completed for several weeks, but 
present rentals are approximately 65%. 
Price Range: January-May, 1930—951-9514.