New-York tribune., 1877-08-18
COMMERCIAL NOTES.

The small but steady business In gold MIN
ing in tine Southern will receive an impetus as
soon as machine which has lately been perfected IN tbS
city, becomes generally introduced IL crus!es ore INTO
pOwder as fine as sands O!he seashOr| ana tne sep
the bs OF metal from Lhe PoWdere 9onJ y
culiar process OF shaking and DlOWlOg Inc cneapis
of the apparatus, compared with the cost o. lhP iis
and Its efficiency In operation, VIII permit e poor but
pieliu OF the solih anu oltet 81 on, W 'o'i
worked with excellent prUht People ron the WI anu
soufh and from Peru investigating the cApaDltise
OF the invention
The reciprocity treaty with the United States
has led TO revival business interests Ia tho sawich
Islands and one result OF this mas been 20 e"nel me
Government Of little kingdom 10 orier new steamer
70 rly IN the trade among islauds considerable
nart in the Legislature In favor Of Sending the
to England, but Tie % J"'s G "a %
was iinal sent 10 California Iha stener mas just oeen
co,pleted and has made trial trip Is oi oregon hr
I17 feet long and Of 592 tons burden The CuOfa4ns
arr proud OF the vessel, which is tho largest se.lng
49, ,e order has com. t6 the United States the
Islands Of the Pacific good ausuly for the future.
The latest news from Peru is that the mer-
chants Of Lima and CalaO have resolved nos to accept
the mote, Of the Public Works COMPANY IN trade About
5000 900 worth Of notes have been issued $1,000
ooo mr. nearly OF Government bonds having been dcpos
tied 10 secure them. They have ranked zig per cent
better than the current bank notes IN Peru Inc new
combination no, 10 take them formed out OF animOaiy
10 Mr. Henry Mcggs the part OF the Engsh bankers
and merchants. 1t Is a successful movement low
ana Mr.. mcloEs nsH H'u W ""'P~"N f"'
ment unon the notes. Tnc same steamer when
brings this u ell .ouco brings also ihe he"- tiiJ
penn j. nov debating the subject OF ISSUING gTeenDack
circulation such s.s lu the Uniio" sat o. Af.
Nelpg. bOds Peruvian bonds 10 the amO ini OF
j. 600 600 sOes, nOminaly worth 9l4,1OO.0'O Ihcy
afe worthless active pl -, "a d h"r o'1.cs intt
the cover ment cal them AID issue greenoacEs
for them Mr. Clarke. the agent Oi INC Lus!lsh
bondAoiders Peru, approves the idea' Dut
,.nfs The Government JId redeem tle NhOlc in-
te-nul debt OF Peru in TenDachs fctlrih1 tht pau" %
eration As gold Is now go a. Lima, ana as this
would m inf ltiOn Is not known ~hctef tne Govern
mcn il prepared to thai Ia ii SAID 10 be iaFOiaDe
u the plan first named
A change has been made i'll the rates OF
through re.ght from ryool T. Chicago and other
Western ces Of the United States. For year OF more
back II has cost less to sard plates bulky chemicals,
and other goods OF the ec.a 81 as from Liverpool
10 Chicago than from Liverpool 20 New-fo.E As II tnat
WAS not bad enough for New-IOrk mrrch1nts ana Tor
the steamships for the system was bad for the
ocean carriers too tbr classes OF Ireght were al
lowed IN he carried to rival Atlantic ports ~ rates far
lower than New-YOrk. The result was hat u'c Was
diverted from New-YOA 10 Boston Phllddciptla Hhu
Baltinore: and Western merchants, VINO iOflnei-
ly bought their goods III tie teieOast clies,
semi through direct. Ibe whole system WAS hsistrOlH
10 the caiIers land and aud to al IN Allahic
markets. Liverpool merchants alone deiiyn2 any Dcnrnt
it The repeated protests o. tnt mrfchts OF rev"
York have AT been ecctua IN aDu ing tLe system
and securing satisfactory ra'es OF IRE ghi me
following just gone into effect Oh i gos OF
the special fIoIn Liverpool To Nc@-1Oih, Is oi
Der ton CHicagO and Milwaukee. 37s 6; 70 nuhn.
Quincy 5Os East ST. Louis, 45s TO Detroit aud Cieve,
land, 27s. ten per cent prIDage being added III an
TAls Is Improvement on the OLD rates, Wnlch
12s Cd Chicago and las. 70 b. Louis. and 10