Show The Chilian Situation Improved II NEW YORK Jan 15The Heralds Valparaiso Val-paraiso special says There is a decided improvement in the situation in the nast twent four hours There is now no more talk Minister Montt cables from Washington Wash-ington he has assurances of an early settlement set-tlement of the question involved in-volved Sefior Pereero minister of foreign affairs has assured Minister Egan the Chilian government will severely punish the persons who have insulted Americans Two of the roughs who stoned the occupants of tho Yorktown York-town gig a week ago have been arrested and been convicted and sentence may be expected any time |