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Hilton Hotels, 1947 Annual Report
Image 24
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Hilton Hotels Corporation. Hilton Hotels, 1947 Annual Report - Image 24. 1947. Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston. University of Houston Digital Library. Web. May 21, 2019. https://digital.lib.uh.edu/collection/hiltonar/item/857/show/852.

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. (1947). Hilton Hotels, 1947 Annual Report - Image 24. 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/857/show/852

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, 1947 Annual Report - Image 24, 1947, Annual Reports from the Hospitality Industry Archives, Hospitality Industry Archives, Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston, accessed May 21, 2019, https://digital.lib.uh.edu/collection/hiltonar/item/857/show/852.

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, 1947 Annual Report
Creator (LCNAF)
  • Hilton Hotels Corporation
Publisher Hilton Hotels Corporation
Date 1947
Description Hilton Hotels Annual Report for calendar year 1947.
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 24
Format (IMT)
  • image/jpeg
File Name hiltonar_201609_018_024.jpg
Transcript Hilton Hotels Corporation ANALYSIS OF INVESTMENTS AS OF DECEMBER 31, 1947 Book Value PALM BEACH BILTMORE COMPANY Bonds and Notes 50% of Total Issued of $450,000.00—Five Year 5% Debenture Bonds $ 225,000.00 49.74% of Subordinated 6% Bonds Matured December 1, 1945—Principal Amount 158,441.79 Accrued Interest thereon 349,531.00 Capital Stock 50% of the Capital Stock, represented by— Preferred—2,000 Shares—Par $100.00 200,000.00 Common— 600 Shares—Par $100.00 60,000.00 Earned Surplus Deficit*—Proportion Applicable to Hilton Hotels Corporation— Beginning of Year 639,348.33* Loss* for Year 1947 41,926.15* $ 311,698.31 MAYFLOWER HOTEL CORPORATION Capital Stock— 68.75% of the Capital Stock, represented by— Common—267,940 Shares—Par $1.00 $ 267,940.00 Earned Surplus—Proportion Applicable to Hilton Hotels Corporation—• At Date of Acquisition 2,217,712.39 Profit for the Year 1947—(Less: Dividends Received of $80,351.40) 208,531.53 $2,694,183.92 NEIL HOUSE COMPANY Bonds 50% of Total Issue of $600,000.00—Five Year 4H% Debenture Bonds $ 300,000.00 Capital Stock 50% of the Capital Stock, represented by— Common —21,250 Shares — Par $10.00 212,500.00 Earned Surplus—Proportion Applicable to Hilton Hotels Corporation— Beginning of Year 214.48 Profit for the Year 1947 82,450.64 $ 595,165.12 INSTALLMENT SALES CONTRACT NOTES Cummy Properties, Inc.—Five Year Serial 4% Note $ 544,000.00 Charles Sachs—Ten Year 4H% Installment Note 46,000.00 R. L. Stevens—Ninety Day—Collateral Note 25,000.00 $ 615,000.00 Less: Due Within One Year—Included in Current Assets 147,000.00 $ 468,000.00 BERMUDA DEVELOPMENT COMPANY—LTD. Capital Stock 7% of the Capital Stock, represented by— Common Stock—7,310 Shares—Par 10 Pounds $ 294,410.25 TOTAL INVESTMENTS $4,363,457.60 * Denotes Red Figure Cost 24 225,000.00 200,000.00 7,000.00 432,000.00 $3,487,980.50 $3,487,' 1.50 300,000.00 232,500.00 $ 532,500.00 $ 544,000.00 46,000.00 25,000.00 $ 615,000.00 147,000.00 $ 468,000.00 $ 265,832.00 $5,186,312.50