Exchange Rates

The following exchange quotations, gathered in Sydney, show the rates existing in Sydney on February 19:

Fiji-Through Bank Of N.S.W.

And Bank Of New Zealand

Australia on Fiji on basis of £lOO Fiji; Buying £Alll/2/6, selling £AII3/10/-.

Fiji-London on basis £lOO London; Buying. Selling.

Telegraphic transfer £llOl5 0 £ll2 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 £lOO Samoa —buying £AIOO, selling £AIOO/10/-.

Exchange, Samoa on London, basis £lOO in 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 ot Indo-Chine, Noumea: On February 19, when the Australian £ was nominally worth 58.5 francs, £lOO Australian would purchase a credit m 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. £AI2S equals *stg. 100.

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

Through Bank Of N.S.W.

Australia, on Papua. £l.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.

Average for Australia on Papeete week ended 27/1/36 Francs to £ Australian . . 58.74 Average for week ended 3/2/36 . . 58.67 Average for week ended 10/2/36 . . 58.73 Average for week ended 17/2/36 . . 58.63 Average for Australia on Noumea week ended 27/1/36 Francs to £ Australian . . 58.64 Average for week ended 3/2/36 . . 58.57 Average for week ended 10/2/36 . . 58.63 Average for week ended 17/2/36 . . 58.53

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