The Sun.
London, England, 1859-12-08 00:00:00

EXPORTS.

Cotton—The decline in prices has been marked,
being from 8 to 10 rupees for some descriptions ; the
market has been dull, and very little business has
been done.

Oil Seeds—The transactions Inv° been very
limited for the period of the year, and both linseed
and rapeseed have declined slightly.
Tonnage—In freights we quote a slight advance
—.£l to £1 2s. 6d. to London, and 17s. 6d. to £1
to Liverpool. To China the rates are 10r. to Hr.
per candy.
Exchange—The rates, after a slight decline since
the departure of last mail, have' again rallied, and
our present quotations are—local bank bills, 2s.
Old. to 2s. OP. ; bank credits, 2s. ld. ; and docu•
meat bills, 2s. lid. to 2s. lid., at six months' sight.

AUSTRALIA.
THE COLONY OF VICTORIA.
We take the following from the Illelbourne.eirgur
of the 11th October :
" Since our last monthly despatch the Victorian
Parliament, under the reformed Constitution, has
been opened in form, and will to-morrow enter
upon Its first session. In the Assembly, Dr. Murphy
has been re-elected Speaker without opposition.
. •
" The great race for the championship of the
Australian colonies 'was, run on the Ist of October;
before a concourse of 40,000 persons—the largest
multitude ever assembled is Australia. The winner
(Flying Buck) is a Victoria horse, and was scarcely
named in the betting.
" THE GOLD FIELDS.
" The deficiency of the escorts for some weeks
was, to people at a distance, aii unsatisfactory but
-convincing evidence of the dulness prevalent of late
on the gold-fields—that is to say, among the actual
miners. There have been no important discoveries
or extensive movements of the population to break
the monotony of the digger's life. It has long; been
said by men who have taken the trouble to search
for themselves that the bed of the Yarra contained
gold in considerable quantity from a short way
above MelbotKne to a long distance upwards, and
that for a length\ of many miles it could be worked
most profitably Ntith suitable appliances, but the
idea was scouted until very lately: A company
has, however, now been formed to work the bed

of the river near Anderson's Creek, and a few days
since the directors and some friends proceeded to
the spot chosen with the object of judging for them-
selves how far the surveyor's reports were true.
Dishes full of sand from the bed of the river, and
earth from its banks, were taken at random, and
washed in their presence, and at every trial gold
was obtained in a proportion promising great re-
sults to the efforts of the company. The portion of
the river channel chosen for the experiment has the
advantage of offering great facilities for the diver-
sion of the water, but has no indication of being
more auriferous than miles of the bed above and be-
• low this particular spot.
"As we have already stated, there have been no
very important discoveries during the last few
weeks. A sample of gold was shown in town lately
as portion of a parcel of some ounces that were taken
in a short time- from a claim on a now gold-field
near Mount Baw Baw, on the road from Melbourne
to Gipps Land, but nothing is yet known of the
extent, or richness of the deposits in this locality.
Another deep lead has also been proclaimed in the
Indigo district, and in various parts of the country
new patches of auriferous ground have been struck,
but nothing has occurred for some months past to
cause a rush on anything of an extensive scale.
The usual number of new reefs has been opened
'up, and the old ones are yielding their average
produce of gold ; but the intelligence from the
mines has of late been barren of incidents calling
for more than a passing remark.