The New York herald., 1866-07-22

night the train from Santiago brought down pR
morrow The ships need much repairing, and VIII re-
qure several weeks to reh with provisions and ho other
necessary supplies is understood that they WI, pIo-
ceed to Caao they can be got ready atnougn
the probability is that their movements w aepenu en-
trely upon the first news we receive OF the spanish
fleet. =
their respective armaments:-
Huescar two forty and two three hundred pounders
Independence, twelve seventy and two one hundred
and fifty pounders
Apurimac. forty thirty-two Founders
Union, twelve egnt-inch guns
America, twelve eght-inch guns
Chalaco eight thirty-two pound Whisworths
CHILEAN VESSELS.
Fsmeralda, twenty thirty. two Founders.
Covadonga three eight-inch pivots ana TWO twenty
Mapu, one eightnch pivot and FIVE thirty-two pound
whitworths.
pected to arrive few days from the Atlantic, where
She captured with supplies for the Spanish fleet BY
THE PRESIDENTIAL ELECTION
The preparations for the election OF President OF Chile
progressing and the event promises to be conducted
in good order What tho result will be one can pre-
dict although, have expressed in previous letters
the friends OF the present administration will neglect
opportunities for securing their continuance power
Revolution after the reelection of President Perez is
openly ayowed and the intention to overthrow this ad-
mnstration by force Of arms should be declared the
individuals have gone so far as to organize regiments
in anticipation of revolution These organizations
are Oh course not In the ueld, nor are
they armed, but exist in communities very much like
the Fenap Brotherhood without the buster OF those
secret societies Every day adds TO the political agita
tcn and the worst feature OF is that the opposition or
revolutionary parties, which, q WHOLE largely in
the majority will remain divided till after election and
then unite for the destruction Of tho reelected Perez
administration IL they wero to unite now they would
effect their purpose quietly and In constitutional man.
ner but they do not propose this. They admit Pres.
dent Perezs reelection to be foregone conclusion and
they bding their time for revolution, and the
establishment Of a new President by violence
BUSINESS IN VALPARAISO
continues brisk and merchants now feel hopeful OF per-
manent prosperity The harbor is full Of shipping, be-
longing principally to tho coasting trade although few
vessels have cleared for Europe during the past week
send lengthy report OF arrivals and departures during
the month, which will be found in the marine
columns. The decree OF the government prohibiting
the expectation OF provisions during the h0a been
annued and large shipments OF grain and flour win be
commenced again Immediately. The following the
latest market reports
CoPPER.-Bcfore the arrival Of this mail various lots
Sold in all five to six thousand quintas at $15 80
shore here and 357 qnntals at S14 GO in Santiago
The news received from England by this steamer s
worse than that brought by the previous mail Holders
were Obliged to lower their prices and the only transc
tons reported up to this hour Is 500 qunals at SIS
shore, which price obtained with some difficulty,
the majority Of purchasers only offered S14 75.
MiyERAfH e AND REGULARS. transactions have been
announced We give the price Of the first So so for Is
per cent, and for the second S6 for 80 per cent
shore.
FLOUR AND WHEar.--Aithough the demand has Mt
been as active previously and for Australia has neap
been made for England ami other points. Four shps
have been despatched for England namely-the Mersey
san is arracouta and Ucoats and for the Island OF
Maurtius the Prospector besides the Nagnoia and Me-
teor which are loading Of their owners the
first probably for England and the second for Australia
The Maria Ester has been despatched for Montevideo
Tho latest price for VIII at in oma 81 25 per fanega
55 pounds) without bogs in warehouses and FOR our
81 30 cash, delivered on board