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Hilton Hotels, 1953 Annual Report
Image 14
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Hilton Hotels Corporation. Hilton Hotels, 1953 Annual Report - Image 14. 1953. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. September 24, 2017. http://digital.lib.uh.edu/collection/hiltonar/item/1519/show/1508.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Hilton Hotels Corporation. (1953). Hilton Hotels, 1953 Annual Report - Image 14. Annual Reports from the Hospitality Industry Archives. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. Retrieved from http://digital.lib.uh.edu/collection/hiltonar/item/1519/show/1508

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

Hilton Hotels Corporation, Hilton Hotels, 1953 Annual Report - Image 14, 1953, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed September 24, 2017, http://digital.lib.uh.edu/collection/hiltonar/item/1519/show/1508.

Disclaimer: This is a general citation for reference purposes. Please consult the most recent edition of your style manual for the proper formatting of the type of source you are citing. If the date given in the citation does not match the date on the digital item, use the more accurate date below the digital item.

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Compound Item Description
Title Hilton Hotels, 1953 Annual Report
Creator (LCNAF)
  • Hilton Hotels Corporation
Publisher Hilton Hotels Corporation
Date 1953
Description Hilton Hotels Annual Report for calendar year 1953.
Subject.Topical (LCSH)
  • Hospitality industry
  • Hotel management
  • Corporation reports
Subject.Name (LCNAF)
  • Hilton Hotels Corporation
Genre (AAT)
  • annual reports
Language English
Type (DCMI)
  • Text
  • Still Image
Original Item Location Conrad N. Hilton Papers
Digital Collection Annual Reports from the Hospitality Industry Archives
Digital Collection URL http://digital.lib.uh.edu/collection/hiltonar
Repository Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston
Repository URL http://www.uh.edu/hilton-college/About/hospitality-industry-archives
Use and Reproduction This image is in the public domain and may be used freely. If publishing in print, electronically, or on a website, please cite the item using the citation button.
File Name index.cpd
Item Description
Title Image 14
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_006_014.jpg
Transcript and Subsidiaries LIABILITIES CURRENT LIABILITIES Bank Loan Payable $ 28,494.00 Accounts Payable . 4,180,201.76 Accrued Expenses and Charges 4,832,164.24 Long-Term Debt Due Within One Year 1,628,679.65 Estimated Federal, State, City, District and Foreign Taxes on Income— (Based on Separate Returns of the Consolidated Companies) $ 5,616,234.27 Less: U. S. Treasury Tax Notes—(At Cost) 2,740,000.00 2,876,234.27 Other 977,318.64 Total Current Liabilities $ 14,523,092.56 LONG-TERM DEBT Mortgage Bonds and Notes $27,823,005.89 5% Sinking Fund Subordinated Income and Subordinated Debentures, Net of Debentures in Treasury 1,829,768.80 Installment Purchase Agreements and Notes Payable 6,449,069.49 $36,101,844.18 Less: Amounts Due Within One Year (Above) 1,628,679.65 Total ~ 34,473,164.53 DEFERRED INCOME Unrealized Profit on Sale of Properties $ 7,811,696.86 Other 10,010.87 Total 7,821,707.73 RESERVES Sundry 28,048.40 CAPITAL STOCK AND SURPLUS Capital Stock—(Note 3) Cumulative First Preferred, Issuable in Series, Par $100.00; 100,000 Shares Authorized; 61,960 Shares 5% Series "A" Outstanding $ 6,196,000.00 4% Cumulative Convertible Preference, Par $50.00; 346,495.03 Shares Authorized; 189,136 Shares in Treasury; 24,290 Shares Outstanding 1,214,500.00 Common, Par $5.00, 4,000,000 Shares Authorized; 426,852 Shares Reserved for Conversion Privileges of Convertible Preference Stock at Rate of Two for One; 1,829,932 Shares Issued (Including 216,292 Shares in Treasury—See Below) 9,149,660.00 Total Capital Stock $16,560,160.00 Surplus Capital Surplus $12,060,050.63 Earned Surplus 21,647,725.48 Reserve for Contingencies 500,000.00 Total Surplus $34,207,776.TT Total Capital Stock and Surplus $50,767,936.11 Deduct: Common Stock in Treasury—216,292 Shares—(At Cost) 3,018,110.62 47,749,825.49 TOTAL LIABILITIES $104,595,838.71 13