Exchange Rates

The following exchange quotations, gathered in Sydney, show the rates existing in Sydney cn June 24:

Fiji—Through Bank Of N.S.W.

And Bank Of New Zealand.

Australia on Fiji on basis of £100 Fiji: Buying £A111, selling £A113/10/-.

Fiji-London on basis £100 London:

Western Samoa—Through

Bank Of N.Z.

Exchange, Australia on Western Samoa, basis £100 Samoa—selling £A100, buying £A100/10/-.

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

Direct Telegraphic Transfer

Selling Rates.

Quoted by

Bank Of New South Wales

in Australia.

New Caledonia—Through

French Bank.

Drafts, Sydney-Noumea and Noumea-Sydney, are on the basis of current rate of exchange on Paris, less 1 per cent, either way. As quoted by the Comptoir National, in Sydney, and the Bank of Indo-Chine, Noumea: On June 24, when the Australian £ was nominally worth 58.5 francs, £100 Australian would purchase a credit in Noumea of 5,850 francs.

New Guinea And Papua

Through Commonwealth

Bank.

From Australia, Pt. Moresby, £1 per cent., on Rabaul 10/- per cent.—other N. Guinea districts £1 per cent.

From Rabaul on London, same as Australia on London: — Buying: T.T. £A125 equals £stg. 100.

Selling: T.T. £A125/10/- equals £stg. 100.

Through Bank Of N.S.W.

Australia, on Papua, £1 per cent, premium each way, equivalent to commission of £1 per cent.; Australia, on Rabaul, 10/- per cent, premium.

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

Major-General Sir Alfred Robin, who for three months was Acting Administrator of Western Samoa in 1920, died at Wellington, N.Z., on June 2.

Buying.

Selling.

Telegraphic transfer £F110 15 0 £F112 0 0 On demand £F110 12 6 £F111 17 6

Buying. Selling.

Telegraphic transfer.. .. 125 0 0 On demand £123 0 0 124 17 6 30 days 122 15 0 124 15 0 60 days 122 10 0 124 12 6 90 days 122 5 0 124 10 0 120 days 122 0 0 124 7 6

Average for week ended 27/5/35 .. 58.76 Australia on Papeete.

Francs to £ Australian Average for week ended 3/6/35 .. 58.90 Average for week ended 10/6/35 .. 58.65 Average for week ended 17/6/35 .. 58.67 Average for week ended 27/5/35 .. 58.56 Australia on Noumea.

Francs to £ Australian Average for week ended 3/6/35 .. 58.70 Average for week ended 10/6/35 .. 58.45 Average for week ended 17/6/35 .. 58.47