Exchange Quotations

The following exchange quotations, gathered in Sydney, show the rates existing in Sydney on September 14.

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:

Fiji, on New Zealand, basis of £100, New Zealand —buying £99, selling £101.

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 rates for transfer of money between Sydney and Pacific Groups, through the Gen eral Post Office, are the same as published in the August issue.

Buying

Selling

Telegraphic transfer

£110 0 0 £111 2 e On demand 109 7 6 110 17 6

30 days

108 18 4 110 12 6 60 days 108 11 3 110 7 6

Buying

Selling

Telegraphic transfer

£109 15 0 £111 7 a 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 3 110 2 6