William Penn, 1958 (41. évfolyam, 1-12. szám)

1958-02-05 / 2. szám

PAGE 10 February 19, 1958 William Penn Fact Sketch About Our Headquarters Hotel THE SHERATON HOTEL (Where Our Bowlers and Guests Will Live It Up) The modern 1,000-room, $16-mi'­­lior. Sheraton Hotel is the newest hotel in the world — and the first built in Philadelphia in over three decade«. Forty-fifth in the far Huny She­raton Corporation of America nei­­work, The Sheraton is the first ac­tually erected by the chain in its impressive 2T-year history. Sheraton Corporation which be­gan in 19X7 with one small hotel in New F.ngland, now operates 45, with some 24,(»0C rooms, in thirty-four American and Canadian cities. THF. LOCATION The hotel occupies an entire block at the northwest corner of Philadal­­phia’s fabulous Penn Center develop­ment — from 17th to 18th Streets, Pennsylvania Boulevard to Outhbert Street, (li fronts 400 feet ».long Pennsylvania Boulevard.) Directly across Pennsylvania Boulevard is the 1,000 car Sheraton Nat-age. connected by an underground con.-iourse with the Hotel and the nearby Transportation Building and Suburban Station. THE STRUCTURE The nairew, rectangular building stands over the suburban tracks of the Pennsylvania Railroad, on a foundation of solid rock beneath the tracks which was put in when the Suburban Station was first built. The 22-story hotel is constructed of a steel frame resting on this rock foundation. The steel frame is bolted tegrther with high tensile strength steel bolts — the first time such a method has been employed in a build­ing of this size. The hotel is fireproof; it is com­pletely ai" cond:t!-'"''d (with indivi­dual controls in each guest room). to the Concourse below. In the smaller East Arcade are airline ticket offices, a candy shop, lighted wall display cases and finally The Minute Chef (Sheraton’s quick meal restaurant) and the Cheshire Cheese Chop House. Also off the main lobby are plate glass doors leading to a white marble, red-carpeted staircase and moving stairs, which go up to the Grand Ballroom fioor (2nd). On the opposite wall at the head of the stairs is a beautiful Venetian glass mosaic. To the left are glase doors into the Grand Ballroom. One of the most beautiful in the world, capable of accommodating some 2,500 at meetings and more than 1,600 for banquets. It is the largest hotel ball­room in Philadelphia ... it can be divided by a great soundproof fold­ing partition into two medium-sized ballrooms ... a bronze and gold “floating” staircase descends from a terraced balcony . . . the Pennsyl ­vania Boulevard side of the Ballroom is all windowwall . . , across the stage is a great golden curtain; the stage itself, which includes a stage­­light control booth, is equipped to handle any sort of radio or TV broad­cast, exhibitions and shows (it even has a concealed lift big enough to raise an automobile from a bay below) . . . three abstract sculptured chandeliers hang “mobile”-like from the towering ceiling; cast of bronze and colored glass and suggesting the Signs of the Zodiac, their usual ligbf ing effects range from candleglow to brilliant illumination . . . the acoustics of the Ballroom are such that a human voice can be heard distinctly throughout without ampli­fiers. To the right off the main stairway on this (2nd) floor is the Cafe Ca­­reme, the hotel’s number one dining room; featuring classic French cui­sine, the lestaurant is decorated in elegant contemporary Parisian style: it seats about 125 and has a small dance floor. Opposite Cafe Careme is an in­timate Cocktail Lounge, done entirely in Modern. • (Continued on page IT) ANNUAL FINANCIAL STATEMENT T HE DESIGN The design of The Sheraton might be called “the articulate style of modern architecture” — each interior function o+‘ the Hotel is illustrated (articulated) on the exterior by means of special effects of plate glass, limestone piers, green and white cheekeriwards of enameled steel, aluminum facing. THE INTERIOR One level beneath the street is the Concourse: in a large arcade is The Hall of Flags, to be used for ex hibits; the rest of the Concourse comprises a barber shop, bootblack, manicurist and I; unges, plus the Ho­tel’s main food storage. There are three street entrances — on Pennsylvania Boulevard, 17th and J 8th Streets — to the main lobby which is 7C' feet long and 54 feet wide. The lobby is faced by golden veined w'rte Italian marble, with a Venetian glass mosaic on the walls. The flooring is of sea green terrazzo patterned with aluminum and par­tially covered by rich carpeting. The main desk, opimsite the Pennsylvania Boulevard entrance, is made of black marble, supported on stainless steel legs. Near the desk are four elec­tronic-control guest elevators (there are also four service elevators). There are two arcades off the lobby. Jn the West \rcade are assistant manager's desks, the Sheraton Te­letype Reservation office and check rooms; also a florist shop and news­­stancR-Further along are The Indian Queen Tavern and The Men’s Bar; next, a fur shop, haberdasher, g-ift shop, drug store, beauty parlor, fur­niture display and a small TV stu­dio; there is also a moving stair JANUARY 1, 1957 TO DECEMBER 31,1957 Life Benefit Department I. Ledger Assets— — as of December 31, 1956 ....... 23,873,636.82 II. Income Monthly Dues .............................. 2,411,017.57 Single Premiums ......................... 8,789.95 ' 2M19,807.52 Less Refunds ................. 11,516.07 2,408,291.45 Gross Bond Interest .................. 650,028.01 Less: Acc. Int. on Bonds Purch. ... 11,656.64 Net Bond Interest ...................... 638,371.37 Dividends on Stocks ................ 13,079.34 Interest on .Mortgage Loans ........ 92,623.79 Real Estate Income ......................, 93,733.23 Bond Amortization Increase ........... 2,931.30 Interest on Certificate Loans and Liens ..................................... 31,211.33 Interest on Bank Deposits ............. 1,999.57 Interest on Real Estate Loans ....... 1,835.34 Profit on Sale or Maturity of Bonds 81,459.65 Profit on Sale or Maturity of Stocks 41,486;42 Gain on Foreign Exchange ........... ' 96.73 Sports Activities ................ 13,117.00 Miscellaneous Income .... 427.90 Service Charges — Loans .......... 439.30 Trust Account Deposits .................... 78,363.12 Dividend Accumulation ................. 305.33 Disc, on Claims Paid in- Advance 6.67 Supplementary Contracts Without Life Contingencies ....................... 7.081.42 City of Pittsburgh—Wage Tax ..... 207.83 Sick Benefit Claim Refunds .......... —.— Pension Fund Deposits ________ —.— Withheld Income Tax — Dec, 1957 6,532.85 Total Income .......... 3,513.600.94 TOTAL ...........................i 27,387,237.76 Disability Pension Combined Department Department Departments 1,050,746.78 233,333.56 25,157,717.16 200,626.15 , .._ 2,611,643.72 8,789.95 200,626.15 —.--2.620,433.67 388.60 11,904.67 200,237.55 2,608,529.00 34.093.60 6,889.77 691,011.38 — 92.40 11,749.04 34,093.60 6,797.37 679,262.34 __ __—„ 1,470.45 14,549.79 _.-­--.--92.623.79 _.-­--.--93.733.23 59.53 2,990.83 31,211.33--.-­--.--1,999.57--.-­--.--1,835.34--•— 955.24 82,414.89--.-­--.--41,486.42--.-­—.--96.73--.-­--.--13,117.00--.-­--.---427.90--v-­--.--439.30--.-­--.--78.363.12--. --305.33--.-­—.— 6.67 _,_ 7,081.42--.-­--.---207.83 26.11--.--26.11 —.— 13,283.80 13,283.80 —-— 6,532.85 234,357.29 22,566.39 3,770,524.62 1,285.104.07 255,899.95 28,928,241.78

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