Exchange Rates

The fallowing exchange quotations, gathered m Sydney, show the rates existing in Sydney on November 18: —

Fiji—Through Bank Of N.S.W.

And Bank Of New Zealand.

Australia on Fiji on basis of £h)0 Fiji: Baying £ All 1/2/6, selling £A113/10/-.

Fiji-London on basis £100 London: Buying. Selling.

Telegraphic transfer .. £110 IS 0 £112 0 0

Direct Telegraphic Transfer.

Selling Rates

Quoted by

Bank Of New South Wales

in Australia

Western Samoa—Through

Bank Of N.Z.

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

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

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 November 18, when the Australian £ was nominally worth 58.45 francs, £lOO Australian would purchase a credit m Noumea of 5,845 francs.

New Guinea And Papua

Through Commonwealth

Bank.

From Australia, Pt. Moresby, £1 per cent., an Rabaul 10/- per cent. —other N. Guinea district* £1 per cent. . , From Rabaul on London, same as Australia os London:— .

Buying: T.T. £AI2S equals £stg. 100.

Selling: T.T. £AI2S/10/- equals £stg. 100.

Through Bank Of N.S.W.

Australia, on Papua, £lper cent, premium ea«h way, equivalent to somraission of £1 per cent., Australia, on Rabaul, 10/- per cent, prenuum.

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

Australia on Papeete Francs to £ Australian Average for week •ended 28/10/35 .. 58.37 Average for week ended 4/11/35 .. 58.41 Average for week ended 11/11/35 .. 58.50 Average for week ended 18/11/35 .. 58.36 Australia on Noumea Francs to £ Australian Average for week ended 28/10/35 .. 58.27 Average for week ended 4/11/35 .. 58.31 Average for week ended 11/11/35 .. 58.40 Average for week ended 18/11/35 .. 58.46

LOnQ ° n - Buying:. Selim*.

Telegraphic transfer ... 0 I On demand £123 0 0 17 6 30 days 122 IS 0 124 IS § 60 days 122 10 0 124 12 i days 122 5 0 124 1* • 120 days 122 0 0 124 7 6