, 1879-05-01
Profits from Interest, and Inter.
catcd Profits.
Tho New Constitution Too Sryert 4 Dose Of tom.
mnnism for .he Faltent.
Strong stimulants Supplied to Him..
Capital VI Ksnrneyism.
No Eailors to Man tho When&-Laaen
Ships and Vouso1z.
Mammon Worshipars and Mammoth
ore-Ghippors.
Hptctat Corrssronltnrt Of 7'ht Tribune.

9pfchl CorHsronfffnfe Of The Tribune.
BAN FRANcIsc0, April 29!.-"Twp hits, seller
W, for the now constitutional "WiInt's lid tor
Dennis kear,leya" 1t IA with pleasuntriCs sucll
aB ts,ero tint tho brokers arc just now bcguitng
away the time iu thu Stock f3oarG. Never wcru
orders SO scarce; nrvcr-Hithout even tile
qualifying "llarlIy evcr" "--wus business 80 dull.
The sessions Of tho Iunrd Inst barely iIalf tilt
ordinary ttn,n, and hrokcrs' clerks arc ablo 10
conllence '',nashlng" operations o,, Kcaruey
street soon nftcr o'clock, u,ld oven ride out to
the CHI House una back In time for tllnncr.
80 small ar0 the transactions, and ~ depressed
arc prccs, tllat broker sAo has sold. say, ilfty
Blarcs Tor customer ut sutl'u ntsarabiy low
nguse Is very apt TO tell tie record clerk to nut
down 600 ahnrcs, su tint Ills client may not coll
slider himself tile only victim. Where stork
varles Is cents jn Il srsstor, the buying bnokcrs
ure getting quite III thu way of bidding for the
stuck "scier 90, 90, or D0.' Saving, US they
thus d. tie III or s5 cens, they turn 1t III To
tiler customer Ut tho higher figure, nu us they
have always lnrgo blocks Of s.ucks on llaud,
they arc prepared to mike delivery at unec,
should the clfcnt demand It. In the other
hand, II, as Is usually tho casr, tbs buyer Ia
margin customer, they charge him Interest 1T
the rate OF III per cent per rnnuu Tor the unpuil
tnocty Of tile s.qck, wllitu they themselves
lavo the use Of thu cntirr amount until thu
stock Ii delivered thea., say from one TO three
months after tlsey hnye been rcerivlng interest
thereon. THIS, us your readers will perceive. 10
n better Investment for brokers' capital thun
real cstatc,-cspec!aiy fortnight beforo tho
date tlxcl for
VOTING ON TIE NEW CONSTITUTION.
ALTHOUGH. tllcro IL still much uncertainty re.
garllng tho precious document, yet the indea-
lions arc at present decidedly aga!nst It's atlo,,.
finn 1tu rhtcf n7vncntn runno, thr nrcsa wcnt
49, f.. sT.ar a,,ross,u,, ,;ra.,tora ~ ,.n,,1r,.
LOU las' Attts "ou1css''s S'tsa'uis VI i'uu,rs
to ihe probable result Oh thc eotc 10 ts'c s3l
poslmastcrs OF tlis State, 1t only published the
rcp|ies-all, Of course, favorable to tic new
c,,rs,t,ut,,,nN nl,,,t IN Icoviu. n. rat.
w .o.' .n.s ~ .1r, s,,..,, "S ~ ~ .s,..
ural inference INIT over t1fee-loufths oi inc
Postmastcrs must have responded a!tagontatsc-
ully to the views OF the paper. il number uf
rromipont nrrso,,s whom IL Inn f1rc]orrd IN In
ta,asn,. =, .,,, ,,a, n,ro, ,,ovn Io,,,,1 ,,,,, an
'aSoEao'e u ms hcw no'c' ''a'o oe"'su '!'e us-
eusation IN toto: ~ reports Of yoiss IN board
9scs g. ad hotss Tc nesn I l,En}aty r.
IN question. Its telcgrapic reports Vi meetings
held In thu interior Gre Declared MT ns'ty exag-
Eeratcd, but false. For Instance, Il meeting nd.
dressGd bY hcarnoy ut altreSu, wh!el: y was
atntcd, wns attended ny from l,io0 to @,Uo per-
SUNS. was IN reality, sAys pnu WHO was present,
held III hAl! which would hol contain ',nc.
fourth TINT humber, mud On the oecasios rclcrrcd
eo there were barely log persons to listen to t!r
agitator. Agall', the statement tat a. q q meet @
ing held at SACRAMENTO resolutions had been
nassed thanking q local newspaper lor lts nrti-
c!cs nEaiuRt the Constitutions, seeing that this
antaEontsnl WIS daily winning votes for tue Con-
stttutio1', IL rcnu4sated W uie very promoters
OF ll1nt meeting. NOW,
TIE olltgp CONSTITUTION ORGAN
],as adoptc{1 a t|!fFcroUt tone, and SPOKEN Of
Btrtfe ustd biuuust,uil. In GtEu the ,cW organic