Interest: May and November 1st.
Denominations: $1,000, $500 and $100.
Taxes: 2% Federal—Pa., Conn., Calif, Md, D. of C, Ky,
Mich., Va., Mass.
Redemption: 105 to 1930; then 104 to 1935; thereafter 103 to
1940; thereafter 101.
Trustee: Manufacturers Trust Co., New York.
Guarantee: Principal, interest and sinking fund by Walter J.
Salmon until indebtedness is reduced to $4.500.000.
Appraised:
Brown, Wheelock, Harris Vought & Co., Inc. $11,000,000
Assessed 1930:
and cconvonmiiress $5,900,000
Land and building......................... 11,300,000
Security: Leasehold estate in plot of ground running through
entire block, from a frontage of 191.8 feet on 42nd Street,
200.10 feet to a frontage of 150 feet on 43rd Street; and a
30-story retail store and office building erected thereon.
Present ground rental $5.58 square foot. Present lease with
renewals, extend to 1982.
Earnings: This building was opened late in the fall of 1927,
and during 1927 and 1928, the principal indebtedness was
amortized $205,000. In 1929, it was under operation 90%,
and its record is:
Earnings available for interest..............
Interest charges same period.
Times earned...............
Amount amortized in 1929... .
Price Range: January-May, 1930—09-9114.
Sea TR
2.8
£160.060
Dallas Post Office
(Dallas, Texas)
First Mortgage 6% 1935 Sinking Fund Bonds
Amount: $560,000.
Dated: September 15, 1925,
Maturity: September 15, 1935.
Interest: March and September 15th.
Denominations: $1,000 and $500.
Taxes: 2% Federal-—Penn., Conn., Maryland, D. C., Mass.
Redemption: 102 to September, 1931; thereafter 101.
R5