Exchange Rates

The following exchange quotations, gathered in Sydney, show the rates existing in Sydney on April 21; —

F Ij|_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 £llO 15 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 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 April 21, when the Australian £ was nominally worth 57.8 irancs, £lOO Australian would purchase a credit m Noumea of 5,780 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. £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 a Australia on London, and vice versa.

Average for Australia on Papeete week ended 30/3/36 Francs to £ Australian . 68.72 Average for week ended 6/4/36 . . 58.84 Average for week ended 13/4/36 . . 58.71 Average for week ended 20/4/36 58.57 Average for Australia on Noumea week ended 30/3/36 Francs to £ Australian . 58.62 Average for week ended 6/4/36 . . 68.74 Average for week ended 13/4/36 . . 58.61 Average for week ended 20/4/36 . . 58.57

Buying. Selling.

Telegraphic transfer 0 0 On Demand . . . . £123 0 0 124 17 6 30 days . . . • 122 15 0 124 15 0 6(1 days ... 122 10 0 124 12 6 90 days . . . . 122 5 0 124 10 0 120 days ... 122 0 0 124 7 6