Exchange Rates

THE following exchange quotations showniie rates existing in Sydney in mid-March:

Fiji

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

Western Samoa

Through Bank of New Zealand:—Australia on 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 £lOO 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-i 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 oil New South Wales (branches: Pt. Moresby, Lae; Rabaul) quote an exchange rate between Aus-i tralia and Papua-New Guinea of 10/- per £100(

French Pacific Colonies

Post-war, the franc, instead of having thu same value in all parts of the French Unionc was given different values in different!

Colonial Groups—Group 1 (Metropolitan francs) ( France, North Africa, West Indies, French Guiana. Group 2 (African francs): All African Colonies, Madagascar, Reunion, St. Pierrea Miquelon. Group 3 (Pacific francs): New Caledonia, New Hebrides, Fr. Oceania. Exchange values, in francs, at present are (nominal onlyq subject to daily fluctuations);—

Buying Selling £ s. d. £ s. dJ Telegraphic transfer ... Ill 2 6 113 0 0 On demand Ill 2 6 113 0 0

Buying Selling £ 8. d. £ s. dl Telegraphic transfer . 100 7 6 101 10 0 On demand 99 9 3 101 10 o

£ Stg. USA Dol. £ AustJ Group 1 (Metrop.) 981£. 349.20f. 777X1 Group 2 (African) 490 175 888 Group 3 (Pacific) 178.37 60 141.76