Salt Lake Tribune | 1895-07-07 | Page 5 | Northern Pacific Earnings

NORTHERN PACIFIC EARNINGS the boad ca cannot bunot bo transferred to the great northern chicago july C G A dispatch to the times herald from st paul minn says it was learned at tile the northern pacific offee late this afternoon that the deal for the transfer ot of the north ern pacific railroad nall road to the great northern had been definitely declared oft off the ie imar improvement lement in tile the net earnings of 0 the northern northern pacific mid it practically impossible to carry out tit the plan to turn the road over to tile the hill interests imp rests an official of the northern rn pacific sald said tile the road had earned and there was a good promise of 0 for the ensuing year all that mr air offered to guarantee in the way of interest on old and new bonds was about and the bondholders bond holders have no longer any mot motive five to accept his proposition it Is wilted that a reorganization committee will be soon constituted by joint action ot of th the preferred stockholders and the tha junior bondholders bond holders the Nor northern theril pacina Is now earning tile the full interest on its second mortgage bonds and a considerable surplus to RO go to the credit of if the junior securities