Exchange Rates

THE following exchange quotations, gathered in ' Sydney, show the rates existing in August:

Ft.Tt—Through Hank Of N.S.W.

And Bank Of New Zealand

Australia on Fiji on basis of £lOO Fiji: Buying £AIII/2/6. selling £AII3.

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

Telegraphic transfer ... £llO 15 0 £11? 0 0 On demand £llO 12 6 £lll 17 6

Direct Telegraphic Transfer

Selling Rates

Quoted bv

Bank Of New South Wales

in Australia

New Gtttne \ And Papua—

Through Commonwealth Bank

From Australia. Pt. Moresby. £1 per cent. : on Rabaul 10/- per cent.—Other New Guinea districts £1 per cent.

From Rabaul on London, same as Australia cn London : Ruvine: T.T. £AI2S equals £stg. 100.

Sellino- : 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/ ~°r cent, premium.

Papua and New Guinea on London: Same as Australia on London and vice versa.

New Caledonia-Through

French Bank

Drafts. Sydney-Noumea and Noumea-Sydnev, are on the basis of current rate of exchange on Paris, less 1} per cent (annrox.) either wav.

As quoted by the Comptoir National d’Escnmpte de Paris, in Sydney, and the Banoue de ITndo chine. Noumea: On August 23. when the Aus tralian £ was nominally worth 104.65 francs, £lOO Australian would purchase a draft in Noumea of 10.465 francs.

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:—

Mr. Graham Mirfield, of Miroko, New Britain, married Miss J. E. Bannister a- Rabaul, New Guinea, on July 10.

Average for Australia on week ended Papeete 26/7/37 Francs to £ Australian „... 104.6« Average for week ended 2/8/37 104.44 Average for week ended 9/8/37 104.30 Average for week ended 16/8/37 104.41 Average for week ended 23/8/37 . it*.** Australia on Noumea Franes +o p Australia' 1 A.verage for week ended 26/7/37 104.03 Average for week ended 2/8/37 104.30 Average for week ended 9/8 / 37 104.P' 1 Avei*age for week ended 16/8/R7 J04 Average for week ended 23/8/37 104.37

Buying. Selling.

Telegraphic transfer 2 - On Demand ... ... — £123 0 0 124 17 6 30 days - ... 122 15 0 124 15 0 60 davs * 122 10 0 124 12 6 00 days 1 122 5 0 124 10 0 120 days 122 0 0 124 7 6