Exchange Rates

The following exchange quotations, gathered in.

Sydney, show the rates existing in Sydney on August 18:

Fiji—Through Bank Of N.S.W.

And Bank Of New Zealand

Australia on Fiji on basis of £lOO Fiji: Buy uj £ All 1/2/6, selling £AII3.

Fiji-London on basis £lOO London:

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, ba*i* £lOO Samoa —buying £AIOO, selling £AIOO/10 .

Exchange, Samoa on London, basis £lOO is 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, pither way. As quoted by the Comptoir National, in Sydney, and the Bank of Indo-Chine, Noumea: On August 17, when the Australian £ was nominally worth 62,50 francs. £lOO Australian would purchase a credit in Noumea of 6,250 francs.

New Guinea And Papua

Through Commonwealth

Bank

From Australia, Pt. Moresby, £1 per cent.; ca Rabaul 10/- per cent. —other N. Guinea district* £1 per cent.

From Rabaul on London, same as Australia <•> 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.

Buying. Selling.

Telegraphic transfer £110 15 0 £112 0 6 On demand £110 12 6 fill 17 C

Australia on Papeete Francs to £ Australian Average for week ended 27/7/36 . 69.36 Average for week ended 3/8/36 . . 59.41 Average for week ended 10/8/36 . . 59.60 Average for week ended 17/8/36 . 59.68 Australia on Noumea Francs to £ Australian Average for week ended 27/7/36 . . 59.46 Average for week ended 3/8/36 . . 59.51 Average for week ended 10/8/36 . 59.70 Average for week ended 17/8/36 . . 59.78

Buying. Selling.

Telegraphic transfer £125 0 C On Demand .. .. £123 0 0 124 17 « 30 days ... 122 15 0 124 16 « 60 days . . . . 122 10 0 124 12 1 90 days ... 122 6 0 124 10 • 120 days . . 122 0 0 124 7 *