Show condition or ih northern chicago aug 10 the tribune will eay tomorrow during the past lew weeks there tins been a great deal eald in alie newspapers in begani to the worthem pacific railroad and the rival plina tor ite while it is ut great public into reet that eccli immense property should lie from bankruptcy and placed on a basis it i very evident that any organization to be amnet be on a plan ot placing the fixed charge of annual interest within the limits the company ahn earn over and above operating expenses taxes etc the northern pacific congieta cone ieta of o 0 niiles of road of about miles are owned by the company and covered by its mortgagee and about 1100 mile are leased the leased lines are covered by bonds of which have been guaranteed by the northern pacific company during the fiscal year ending june 30 alie net income was alio nanual charge were alie latter sun must ho provided for ahead of any interest on the mccond third and consolidated bonds the difference between thee etwo turns howa the lose incurred by the receivers after paying the interest on the first mortgage and other preferred claims the year ending june 1894 was a bad one for railways and the condition of the lio ie improving the business ot the northern pacific for alie year ending june 1895 should show a large increase over the previous year the statement tor the term during which the have operated the railway from august 1803 to may alet slet 1805 twenty one and a halt months ellow that after paying interest on receiver reo eiver bonds collateral trust notee and certain other bonds there waa a surplus of the interest on receivers certificates ie constantly with the amount of additional and ie much more than ain the preview year the earnings tor he eleven months ending slay were from these earnings must first be deducted amounts paid tor rental interest on receivers certificates first lien bonds collateral eniet equipment etc which aggregate age regate 1 of this sum there must go to the bond ot eald line which are the earnings of the lines these |