Exchange Rates

THE following exchange quotations show tlu rates existing in Sydney in mid-September:—

Fiji

Through Bank of NSW and Bank of Nev Zealand: —Australia on Fiji on basis of £10( Fiji: Buying, £Alll/2/6; selling. £AII3. Fiji- London on basis of £lOO London: —

Western Samoa

Through Bank of New Zealand: —Australia ot Western Samoa on basis of £lOO Samoa; buy' ing, £AI23/12/6; selling, £AI24/10/9.

Samoa-London on basis of £lOO London:—

Samoa on New Zealand, on basis of £loi NZ:—Buying, £100; selling, £lOO/10/-.

Samoa on Fiji, on basis of £lOO Samoa Buying, £111; selling, £llO.

Samoa on USA on basis of £1 Samoa (tele graphic transfer): Buying, 2.7991 dollars; sell Ing, 2.7586 dollars.

Papua-New Guinea

Commonwealth Bank of Australia (branches Pt. Moresby. Lae. Rabaul, Madang) and Bank o: New South Wales (branches; Pt. Moresby. Lae Rabaul) quote an exchange rate between Aus tralia and Papua-New Guinea of 10/- per £lOO

French Pacific Colonies

In 1945, the franc, instead of having tht same value in all parts of the French Union was given different values in differen Colonial Groups—Group 1 (Metropolitan francs) France, North Africa, West Indies. Frencl Guiana. Group 2 (African francs); All Africai Colonies, Madagascar, Reunion, St. Pierre Miquelon. Group 3 (Pacific francs): Nev Caledonia. New Hebrides, Fr. Oceania. Exchang; values, in francs, at present are (nominal only, subject to daily fluctuations) :

Buying Selling £ s. d. £ 8. d Telegraphic transfer ... Ill 2 6 113 0 ' On demand Ill 2 6 113 0 i

Buying Selling £ s. d. £ s. d Telegraphic transfer . » 100 7 6 101 10 ( On demand 99 9 3 101 10 '

£ Stg. USA Dol. £ Aust) Group 1 (Metrop ) 981 349.20 77"

Group 2 (African) . 490 175 38) Group 3 (Pacific) 178.37 60 141.7'