Daily Los Angeles herald., 1879-03-26
LAST NIGHTS NEWS.
| Special to the HERALD by the Western
Union Telegraph Company.
Pacific Coast .sws.
Hn,incntious E.cnapgea.

GtsttO S1&1l bsNEfcs
Eatfncatiomsi Exchanged.
SAN FRANCISCO, March 25th.-
To day ratifications were ex-
changed between the Sutro Tunnel
Company and Crown Point, Hale
& Norcross and Sierra Nevada.
The others will be exchanged as
soon as prepared.
Meeting Of the Mercaanss' Asso.
citation.
SAN FRANCISCO, March 25th.-A
meeting of the Merchants Pro-
tective Association of the Board of
Trade, together with several prom.
inent merchants not members. of
the Board, but present by invita-.
tion, was held this afternoon at the
rooms Of the Association on Cali
fornia street. There was large
and earnest attendance. ]. w.
Taber, President of the Board,
called the meeting to order. He
said the meeting had been called
to consider various objections to
the new Constitution. After a few
remarks by the President, A. p.
Williams made an able and well
considered speech. dwelling forci.
bly, upon what he believed to be
some of the most salient points Of
the new Constitution caculated to
produce disastrous effects upon the
business, Industrial and educational
interests Of the State.
VIM. Il. Coleman followed. He
said the new Constitution was con-
ceived in q spirit of disorder and
discomfort and carried cut in q
spirit of destruction. II it were the
best Constitution in the world 1t
would work evil In the hands Of
the people who will administer the
laws under it. The Sand Lot Oil
garchy propose to ride into power
on 1t and rule or ruin.
Joseph r. Kelly thought the ar
ticle on taxation would discourage
industry and corrupt and degrade
morals.
Captain Merry, of Merry, Fault
& Co., held that the railroad COM
mission clause was just what the
railroad wanted. If he wanted to
get rich illegitimately he would
like to be on that commission.
The following resolution was
adopted:
Resolved, That this meeting of
merchants is opposed to the adop-
ton of the new Constitution, and
that q committee of seven be ap.
pointed by the Chair, who shall
prepare suitable resolutions ex-
pressive of our views, which resolu.
tions shall be signed by the MEM
bers Of this association.
The Chair appointed as the COM
mittee, Jas. r. Kelly, William I.
Coleman, A. P. Elfelt, Capt. Merry,
Mr.. Duffy,of Whittier, Fuller & Co.,
Levi Strauss and r. L. Barker.
s. A. Kuser,a new member of the
association, said he would like to
address the meeting in favor of the
new Constitution, but as he stated
that he had not read it, it was
moved that he be given time to do
so and the speaker subsided.
Adjourned subject to the call of
the Chair.
DlmcuIe 20 settle Busincss.
SAN FRANCISCO, March 25.-The
officers of mum ber of the suspend
ed banks now settling up business,
including the Farmers q Mechan-
ics' Bank. the Odd Fellows and Ma
sonic Banks report that distrust 0c-
casioned by the pending election
throws much difficulty in the way
Of settlement of their affairs.
The srrna Re evoiutlons succossra'.
TUCSON, Mar. ga letter dated
Altar, Sonora, 23d instant, from
Salazar & Pompo to d. Velasco,
says: The revolution seems
to be at an end. Two couriers ar.
rived to-day from Magdalena with
q communication from General Al.
directed to the Munich
pal President of Cucurpeo, advising
him Of the disbanding of the forces
under Mariscal and the peaceful
recognition of the Serna Govern.
ment. Another courier arrived
late from Palma with a commune
cation from Gen. Serna to Gen. Le-
cargo, notifying him that on the
following day, the 10th ult., he
(Serna) would enter Hermosillo
with six hundred national and
three hundred volunteer troops.
This news is accepted here as mean
ing the complete success of Serna
over Mariscal and therefore the
revolution is success without
bloodshed. The federal forces aid
ed Serna, which proves that Presi-
dent Diaz favored the Serna revo-
luton against the lawful govern
ment of Sonora.
The Collapsed Firms.
SAN FRANCISCO, March 25.-It is
now stated that Godchaux Bros. g.
Co. have offered their creditors ten
cents on the dollar of their various
accounts. The offer has been re-
jected for the present. The houses
OF Samuel Leszynsky & Co. and
Kennedy & Durr were sold out by
the Sheriff this afternoon. The
stock, etc., was purchased presum-
ably by the creditors. Nothing
has been done regarding S. Mos
grove & Co., whose store is still
closed. They are still endeavoring
to secure settlement.
Hearney as Sam Bsrnaraino-No
AliusiOn 60 Local Matters.
SAN BERNARDINo, March 25.-
kearney was met at the Cotton de.
g. I1I