The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-07-26
News frorn tiae South Pacific

TIE steamer Bolivia arrived ct Panama on tho 9th
INST. from Valparaiso and Csllao bringing the usual
semi monthly mail, IS passengers and sl65, 900 in spe-
sie. Her dates were Valparaiso, June IA; Caso June
94tA; Paita, 9th.
The following are the chief items Of Intelligence
CHILE.
MEETING cosGRE<s-rns PRESIDENTS kEsAoE-LocAL
Observation-Disclosures Or BuIuoS--rHE wEA.
THgR. h#r.
ON the LIST % June the National Congress ASSEMBLED
the capital with the customary The Pre-
sdent read his annual message, giving account Of
the condition Of the country add tina course Of the d
By this time it will be seen that Chile ia engaged In
tevsepsg noisslessy and gradually the resources
tnsd within it, that IL advances with drm step in the
up in TIE preservation OF peace augment number and
We sAAn escape the cstss.rephes which have caused
such dopiorsbls injories 70 other spansh American
70 our esosen raaisr Of progress the republic Of the
sss,n WI Irenent ne slaayisg spectacle which taa.
nsans o. aefgovernmeut Thus We propose to contra
diet tbs prejudice which denies TO the possss
Con 81 inc power Of attaining hsppnsss under this Pc
The aeers o. Congress in these days have been slight
treaty with Grea. Britain, ana o. soolshng the dues
collected BY parish priests.
PAIRING the iortoigbt mpor.sncs have been in.
vested BY the government ia favor o. popular eiucaton
worshp, and the improvement of roaas ard means Of
eonmuricstion company has sssn formed IN the
70 rAlcs. Such has been she snthu siAs nsntsssd
this sasjeet TO w.rran. tas hops that long the
requisite capital viii BE- ssoscr.hei Tor commencing the
work. Chile Is country Offering 70 foreign cspi
tahsts the double iniucemen. Of security and high
rata Of interest 70 invss their money here The Copi
apo rAirOad which is less than sixty Dss iong, Yields
tie shssehoIlsrs nine per cent seoi annually the
earita invested and IL even Increasing its returrs
Nessrs. NsYsso and pon:.ano Dsyila have purchased
at puSe auction the line OF nsti slsg,apn between
rights, fer the sum Of 81 200. 1t costs $40, 900.
The nses Of cop.apo are st!ll inproving.
DuYins the fortnight ri h deposits have been reachea
and Of silver at Caers for the fr four outas Of
the year, amounted IL 81 o0O Besides these have
been exports OF copper, which every day Ia becoming
The fesra that have been fell ding drought have
been dispelisd. Sn .ient rans have fallen Of late The
state Of the weather Ia uniayoraoie TO counsrce.
PERU.
The news from this rspuoE: is not Of much impor..
lance Castillo tt IA generally rupeossd, win be elected
~ The Prefideney.
roIIvM.
The govern msnt candidate for the Presidency OF this
IsyrbNc is General Cordcya the in law o. Gsnarai
Belzu the aetus prefident Or. Ln1rss, the popular
csn3itate, aud General Santa Cruz, rot likely to
succssd tis, however, apesrttLn whether Beizu VIII
reeign the once 70 the elected tuccessor.
hARKETs
y,IIARArso JusE iI.--In commercial mstt.rs there
h charge for the pstpr 70 report. Socss ssll
large, and raes only for local demands Ia cotton there
yas greet inactivity, ao;sithstsodrg reduced prices
MooleHs quoted dull, and snial ssies IL Linens
alteration. yellow natal ws1ted, sne,tbcs copper
plentiful; other pstals erI and metallic is5res ex.e
Acrfe fhce nsils, IN demand. AIn1cn's vaats5. Rec
ttIes and " deHaapd IN sug,r tie MARKET Is OYER
tker scarce ani wanted With Al other ole tbs srket
well supplied In exports COPPER IL qotei a. fe1 %
o. shore; bioss Superior quality At si9 % On shore
tote, At Jqlil.e, " % per qain,s FrsigstS 10
EDslans, from IS to Is l0s.