The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1864-03-07

the 2lst the Treasury Minister'S invited proposals from
capitalists for the bali Of that only TO provide
for more immediate needs. On the 10th the proposals
opened In the Office or the Ministry OF Finance and
the result that twenty offers or bids made
amounting to over two millions OF dollars, This feature
s prmatory evidence of the solid credit Of the govern
nen and furnishes US with an nnmstakable proof OF
the prosperity we enjoy me interest OF the loan varies
between I y and per cent
On the l9in Of January the government published the
le allied budget for 1864. distributed as toi!ows:--
The home and Foreign Ministries. ST ,292 $40 50
The Ministries Of Justice, Public Worship =
and Instruction l'i4d 7s9 q
The Ministry OF Fiuaace. 3,4l242 IS
The Ministry OF War ACKNOWLEDGEMENTS. 1,9363i3 o3
Total. ACKNOWLEDGEMENTS. ST 4l9 90
In addition recent all OF the cha
racter, ! have only to mention two which naugGra.e
the year 1864 in a melancholy manner. one is
the violent earthquake which spread alarm
through Copiapo at midnight Of the 1lth Of
January, causing considerable destruction OF pro.
has presented features entirely new-as for example,
prolonged and deafenng detonatons and the appearance
or volcano hitherto unknown whose direction is traced
al night by the light OF its abundant lava discharged In
spiral FORM and which is believed to be situated in the
dred leagues distant from the valley Of Copiapo The
other amen table event 10 which refer the death Of
Btigadier General Don jose Francisco Cana formerly
1854 and at Madrid In 1885, m death onthe I'd Of Janu
airy. although considered probable for some time past,
In respect the foreign relations OF the republic the
rumors Of with Bolivia heard no more, as the
indicia which created them have proved mere airy
nothings.
The recognition made BY our governments on the 2lst
OF January in consequence OF autograph letter of
King Victor Emanuel dated In Turin the 22d OF Novem.
Der, soliciting it. has also been Officially published This
step has been welcomed By the applause Of the whole
country with the contemplated exception OF the Papa
we cannot say Reconsideration msed by the priests OF
Santiago.
CARDS the political question OF the election, which at
this hour ought TO engage the public attention. but
does not Whether from conviction Of the completeness
OF its liberties from apathy, the truth is there is
complete absence OF agitation although only two months
intervene before the decision OF the event.
At eleventh hour the press has proclaimed the vel
como news OF the invitation addressed by the govern
ment OF Peru to the South American republics to an
American Congress, whose object will be the providing
for the do not only OF the territory but "
the democratic institutions OF America.
Tho following report OF the Valparaiso markets for
the two weeks prior to the sailing Of the steamer
During the past fortnight our market has shown some
symptoms OF Improvement, although regards manu-.
featured goods report thing like active
demand at present. our principal dealers still bold
back under the that present prices cannot be
m amtaued, and that they will be able 10 purchase on
in country produce there has been very little move
The demand In general has been very dull during
the whole month and prices have sti tendency down.
ward with but few exceptions The transactions In our
two principal articles o! export copper and ntatehave
been rather reduced scale owing to temporary
scarcity induced by the unusually heavy shipments re
Gently gone forward and in course OF shipping sale OF
600 quntals copper elected 81, T5 but since
arrival of the last mail there has been reaction
owing the favorable received, and sales OF from
1000 to 900 quintas have been made at $S 25 and 1t
is probable that further sales viii be effected at the same
rate before the departure Of the MAIL
The scarcity Of nitrate owing to the heavy sales el
ected recently, and which sti in course OF delivery
has caused rise in price and sales have been effected Of
10000 quntas at 81 S7 and OF larger quantities, de-
verabis in March, at ST S. Another lot Of goo quin
tails Tor immediate delivery, was disposed OF at 81, with
the usual conditions This last sale is exceptional
one as the buyers found themselves, IN measure, at
the mercy OF the sellers and do not consider the pre-
sent market value to be over 81 s71s.
The from the republic Of Peru Is OF Importance
the commercial world, especially to those doing business
with that country. Arrangements have been entered
into whereby tie base coin that has been SO long IN ccu
ation Is TO be recoined into OF proper standard
value. quote the following from the Lima C0msrco OF
he 18th Inst
Considering tina; the e1uton Of the base bolivian money
srg.n, an TIA, e he prGsa; psssnes
e a o se houses o
oyar s s'se spohsr and Graham Rowe have
ers scepied il under The following Term. eonaons
the psfes c vysue rom sa1srrr
any and drawing ssssy the rate q 81
daNins coee; from Jour q i've hundred thou
sum & eight Sioa. which sppo.ei 10
excepting connterst money They are bound 70 receive
Inc bile treasures which they may met In or export
Of the cgsom houses selling them their
count and risk wherever may SUIT their convenieIee
tapce esGca Of the Peruvian Minister in London OF
sums thew Saye declared al the custom houses Of The repub
lie aud which not have been melted in the mint OF this
l. The above named mercantile bind themselves y
ra an w s al The rate Of four ave hunac
5 vs %enS s re o SSS s
coins Of ave yep aud twenty cents distributed IN equal
J. Coz eminent w,i receive every month the queniy q
an Sn s 81 e Is a ny b
at sixty days ssht At the rate OF A. pence per ssi or u Will
or & p @SGeS c s t s
S ns "a s e.. q Ss 81 so e ss
new coin an ne loss N the Bolivian coin they have 70 g.
cen, for both operations ne proportions established in
s. Governmrnt vii not, besides the seven and onebaf
per stipulated y The folegons article pay any other
penses for transport insurance frcahs losses Of any kind
The parties Sanno, suspend the effects of his
MOa - % 5", o d NOR At the
The contractors shall commence making their deliveries
Il sSs s's oa sms WIN ns ss s:;
moi ns % s
shall be received AT the treasury which indsrimnaeiy
ssss ss as sno os Re s with the psp
s- or faf'gEs .,S fS,
Delivered ssey month By the conracor h% pay The
ss cy esS, peucs FOR essS sol sna Se
and bali per cent In the same srms that Is at forty
az he III del yees made BY the con,racto a.
S sSs Or e 90 pesos base money accordSs 10 the
.Soye named law as sua,ssss Tor The A,h,n scccm
LEGAL interest Of six per cent per year and returning them
lu,OW,UtD OF soils
TO- Governnent binds itseif 10 maintain It's actual ex
change thirty pence for base peso whilst this
| money be circulating IN the country
H. the calming Is done N the mint Of this city, which
establishment the disposal or the
from this date order that they may organize II
in the they think convenient said contractors
shall the officials employed by
at the mint; but all other expenses including repairs
OF machinery are The contractors account Accident,
and ortutous which happen 70 the machinery OF
excepted this provision. The value
the improvements machinery introduced by the
tractors will be paid by government n the latter should
deem her aclusi.or convenient ,u - ,.,,..
he %