IN BRIEF

     ITT beats out Hilton
     for San Antonio hotel
     
      ITT Corp. said its Sheraton Hotel chain was selected by the San Antonio City Council to build a $198 million, 1,200-room hotel and convention center.
      ITT said it will invest $80 million over three years to build the new hotel and will finance the rest of the hotel's cost.
      The company said it beat out a competing offer from Hilton Hotels Corp. to build and operate the project.
      Hilton in January launched a $10.5 billion hostile takeover offer for New York-based ITT, which also owns the Caesars World casinos.
     
     Alta's gold reserves
     top 1 million ounces
     
      Henderson-based Alta Gold Co. said total proven and probable minable reserves contained more than 1.04 million ounces of gold at year end 1996.
      The figure, confirmed this month in an independent audit report by Pincock Allen & Holt, represents a 34 percent increase over reserves in 1995.
      Reserves at Alta's Olinghouse mine in Nevada nearly doubled from 347,595 ounces of gold in 1995 to 662,200 ounces in 1996.
      The company has also identified 15 new targets on the Olinghouse property, which the company plans to drill this year.
     
     Cleaning supply store
     expands into L.A.
     
      Discount Super Store, a cleaning, janitorial maintenance and equipment supply company, is opening a new store today in La Mirada, Calif.
      The expansion into the Los Angeles market comes after the company's Las Vegas store experienced a growth rate of 4,800 percent since opening in 1987.
      The new store in La Mirada has more than 36,000 square feet on land next to Interstate 5.
      Discount plans to build more stores in northern California, Phoenix, and Texas by year's end.
     
     Trump Hotels
     buys back shares
     
      Trump Hotels & Casino Resorts Inc. said it bought 1.24 million of its shares at an average price of $10.27 each, under a previously announced buyback program.
      The company run by Donald Trump also authorized the repurchase of as much as 1.25 million additional shares of its common stock through the end of 1997.
      Trump Hotels announced the first buyback in January. The company had 24.1 million shares outstanding as of Nov. 14. Trump shares have fallen 59 percent in the past year.
     
     Budget Suites
     opens sixth LV hotel
     
      Budget Suites of America opened its sixth Las Vegas hotel on Thursday at 2219 N. Rancho Road.
      The nongaming property has 248 rooms, and will be expanded to 704 rooms when construction is complete this spring or summer.
      Budget Suites of America offers daily and weekly room rates and targets a market that it describes as the "budget-conscious guest."