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 build- 
ing. 
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; there- 
after 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 apart- 
ment building. erected thereon. The property is owned by 
a subsidiary of Bing & Bing, Inc.