Exchange Quotations

The following exchange quotations, gathered in Sydney, show the rates existing in Sydney on August 15:

Fiji-Through Bank Of N.S.W.

Australia on Fiji on the basis of £100 Fiji—buying £117/10/-, selling £118/5/-.

Fiji on London, basis of £100 London:

Western Samoa —Through

Bank Of N.Z,

Exchange Australia, on Western Samoa, basis £100 Samoa —selling £118/5/-, buying par. Samoa on Australia —selling par, buy ing £118/5/-.

Exchange, Samoa on London, basis £ 100 in London:

New Guinea And Papua

Through Commonwealth

Bank.

From Australia, on Rabaul and Salamoa, £ 1 per cent.

From Rabaul on London, same as Australia on London — 30½ per cent.

Through Bank Of N.S.W.

Australia, on Papua and New Guinea £1 per cent premium each way, equivalent to commission of £1 per cent.

Papua and New Guinea, on London: Same as Australia on London, and vice versa.

Post Office Orders.

The following are the rates for transfer of money between Sydney and Pacific Groups through the General Post Office. All such transfers are limited in amount.

Papua, Mandated Territory of New Guinea, Fiji, New Caledonia—rate 3d. for each £ or fraction, with minimum charge of 6d.; re mittances strictly restricted to small amounts for business purposes, at absolute discretion of post office authorities.

Norfolk Island —6d. for £5 or fraction; no restriction; same as Interstate.

Solomon Islands, Gilbert and Ellice Islands, Tonga.—No actual restriction, but an implied one; rate, 4d, for each £ or fraction, for first £6; and 3d. for each additional £, with minimum charge of 9d. Post office orders issued at discretion of post office authorities.

New Hebrides and Tahiti. —No money order issued through post office.

Western Samoa and Cook Islands. Small amounts can be transferred by Australian Post Office through New Zealand Post Office; but issue strictly limited, at discretion of post office authorities.

Buying Selling Telegraphic transfer £ 109 15 0 £111 7 6 On demand 109 2 6 111 2 6 30 days .. 108 13 9 110 17 6 60 days .. 108 6 3 110 12 6 90 days .. 107 18 9 110 7 6 120 days . . 107 11 3 no 2 6

Buying Selling Telegraphic transfer £110 0 0 £111 2 6 On demand . . .. .. 109 7 6 110 17 6 30 days . . .. .. .. 108 18 9 110 12 6 60 days 108 11 3 110 7 6 Fiji, on New Zealand, basis Zealand —buying £99, selling of £100, New £101.