Article clipped from Moline Evening Mail and Journal

Save Clipping View Newspaper
SMALL FORTUNE FORPEANUT COXCTISSIOXhonthem Railway Values Its Train News Service at More Than One Hundred Thousand Dollars.San Francisco, Cal., June 21.—Aa w load in Job »Con fori whc yen loalt; tbn stai rec* bar doo 4lnjipitiminimum valuation of $103,800 a year is placed by the Southern Pacific company upon the newspaper, magazine and fruit concessions on Its trains and ferry-boats, exclusive of such limited trains as the “Shasta and Overland.” These figures were gleaned yesterday from a copy of the contract which the railroad seeks to make with the Brown News com-1 frot pany, the Missouri corporation | ley which recently bought out the ddjKii Dennison News company. Tbs con-j a i tract was filed with the state rail-! see road commission, annexed to an ap-1 dea plication to have the same approv-1 thlt;ed. I aaBy the terms of the proposed con- lag tract the railroad has entered into an I Ki agreement with the Brown News Icompany by ^whidh the rail corpora-1 tiotion will receive 23 per cent of the monthly gross revenue of the so-| in\ called peanut butchere’* on the 10- j faj cal and through trains, with a stipu- he is ted guarantee that it is to receive J a minimum of $8,000 per month. On! five ferry-boats where the peanut -we butchers will be allowed to operate ! Me the Brown News company must give 1 an up 12% per cent of the gross reve-j nue, with a minimum of $150 *|gj; month each from each boat. The to-tstfl -minimum* aggregate $103,800annually. i v(The term of the .proposed contract ) ^ is two years. The saletboys to befcarried free.................
Newspaper Details

Moline Evening Mail and Journal

Moline, Illinois, US

Fri, Jun 21, 1912

Page 24

Full Page
Clipped by
Profile Icon
Bill P.

USA 28 Oct 2023

Other Publications Near Moline, Illinois

Moline Daily Journal

Moline Evening Mail

Moline Evening Mail and Journal

Moline Daily Dispatch

Moline Review Dispatch