Keyword
in
Collection
Date
to
Hilton Hotels, 1957 Annual Report
Image 11
Citation
MLA
APA
Chicago/Turabian
Hilton Hotels Corporation. Hilton Hotels, 1957 Annual Report - Image 11. 1957. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. August 12, 2020. https://digital.lib.uh.edu/collection/hiltonar/item/1056/show/1034.

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. (1957). Hilton Hotels, 1957 Annual Report - Image 11. Annual Reports from the Hospitality Industry Archives. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. Retrieved from https://digital.lib.uh.edu/collection/hiltonar/item/1056/show/1034

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, 1957 Annual Report - Image 11, 1957, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed August 12, 2020, https://digital.lib.uh.edu/collection/hiltonar/item/1056/show/1034.

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.

URL
Embed Image
Compound Item Description
Title Hilton Hotels, 1957 Annual Report
Creator (LCNAF)
  • Hilton Hotels Corporation
Publisher Hilton Hotels Corporation
Date 1957
Description Hilton Hotels Annual Report for calendar year 1957.
Subject.Topical (LCSH)
  • Hospitality industry
  • Hotel management
  • Corporation reports
Subject.Name (LCNAF)
  • Hilton Hotels Corporation
Genre (AAT)
  • annual reports
  • business records
Language English
Type (DCMI)
  • Text
  • 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 No Copyright - United States
File Name index.cpd
Item Description
Title Image 11
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_010_011.jpg
Transcript ASSETS $200,000,000 $160,000, $120,000, $80,000, $40,000, uuu I . 1 f>t~\r\ .. — 1 i \JKJ\J ■--■ i 1 . 1 .' "I : . .._ 1 l ; i -,! 1 . 1 ! 1 i - 1 .' LLA:/v 1 ,i i ] '1 : . ! L', ■ \ i . 1 ■". V- } 1 - ! 1 ! i J ; j 000 .. ' i 1 ■ , 1 ; 1 1 r ; 1 } i i 1 ( ; ■ ! ■ 1 ! ' i ! i" " ' \ i • ' '1 > 1 ' - 1 i ■ j 1948 1949 1950 1951 1952 1953 1954 1955 1957 ANA LY SIS OF CONSOLIDATED LONG TERM DEBT MORTGAGE BONDS AND NOTES Palmer House The Conrad Hilton Waldorf-Astoria Laundry The Shamrock Hilton San Antonio Hilton Terrace Hilton The Savoy-Plaza DEBENTURES 2% Hilton Due 11/1/64 4% Hilton Due 7/1/77 4V2% Hilton Due 1/1/70 OTHER NOTES Installment Purchase Contract Waldorf-Astoria Laundry The Waldorf-Astoria Hilton Hotels International The Statler Hilton, New York Hilton Hotels Corporation Hilton Hotels International Sundry TOTAL BALANCE ADDITIONS REDUCTIONS BALANCE DECEMBER 31. DURING DURING DECEMBER 31, 1956 1957 1967 1957 $12,480,000.00 $ $ 480,000.00 $12,000,000.00 5,500,000.00 — 300,000.00 5,200,000.00 . 226,448.17 — 16,205.59 210,242.58 12,575,000.00 — 308,000.00 12,267,000.00 412,500.00 — 50,000.00 362,500.00 7,959,787.19 — 248,064.73 7,711,722.46 ^^~ 2,446,143.42 77,384.41 2,368,759.01 1,500,000.00 mmm ^^^ 1,500,000.00 4,826,000.00 — 157,000.00 4,669,000.00 4,649,700.00 *^^ 1,926,400.00 2,723,300.00 2,350,000.00 __ 100,000.00 2,250,000.00 600,620.00 — 40,720.00 559,900.00 750,000.00 — 350,000.00 400,000.00 346,712.25 — 50,000.00 296,712.25 2,300,000.00 — 400,000.00 1,900,000.00 10,000,000.00 — 2,000,000.00 8,000,000.00 — 300,000.00 — 300,000.00 303,250.00 25,000.00 111,750.00 216,500.00 $66,780,017.61 $ 2,771,143.42 $ 6,615,524.73 $62,935,636.30 quired upon the sale of certain properties in recent years. The loan agreement provides that these notes shall be deposited with The First National Bank of Boston and the payments thereon applied in payment of the loan. The $13,000,000 so received by your Corporation puts it in a very favorable cash position and will permit the carrying out of the many projects which have been discussed in this report. It will provide the necessary money for the financing of the new San Francisco hotel, the construction of an airport hotel in San Francisco under a lease which was just awarded to your Corporation by the San Francisco Public Utilities Commission, and for use in various projects that may be authorized by your Board of Directors from time to time for the growth of your Corporation and the increase of its earnings. Your Corporation heretofore issued shares of its common stock in connection with the acquisition of certain of its properties which it has since disposed of. These shares are now outstanding although the earnings from the properties for which they were issued are no longer available to your Corporation. Accordingly, it would appear advisable to utilize a portion of the proceeds realized from the disposition of these properties for the purchase of shares of stock of your Corporation in the open market. Therefore, your President has been authorized to purchase in the open market from time to time not to exceed 200,000 shares of common stock at such price or prices which he may deem advisable and, in this connection, to consult, if he so desires, with the members of the Executive Committee.