Exchange Rates

The following exchange quotations, gathered in Sydney, show the rates existing in Sydney on June 15: —

F Ij|_Through Bank Of N.S.W.

And Bank Of New Zealand

Australia on Fiji on basis of £lOO Fiji: Buying fAlll/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 £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 of Indo-Chine. Noumea: On J une Australian £ was nominally worth 59.80 trancs, £lOO Australian would purchase a credit m Noumea of 5,980 francs.

New Guinea And Papua

Through Commonwealth

Bank

From Australia. Pt. Moresby £1 per cent .; on Rabaul 10/- per cent. —other N. Guinea districts £l From C ßabaul 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 as Australia on London, and vice versa.

Average for Australia on Papeete week ended 25/5/36 . .

Francs to 4 Australian 59.14 Average for week ended 1/6/36 . . 59.24 Average for week ended 8/6/36 . . 59.64 Average for week ended 15/6/36 . . 59.70 Average for Australia on Noumea week ended 25/5/36 . .

Francs to 4 Australian 59.04 Average for week ended 1/6/36 . , 59.34 Average for week ended 8/6/36 . 69.54 Average for week ended 15/6/36 . 59.60

Lond ° n: Buying. Selling.

Telegraphic transfer ,2 2

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 dKI . •• 122 5 0 124 10 0 120 days ... 122 0 0 124 7 «