Exchange Rates
p. 105 · Read in the full issue
FIJI. —Through Bank of NSW, ANZ Bank, Bank of NZ, Bank of Baroda. Sterling dollar on Fiji dollar, buying £1 = $F2.11; selling $2,085. Aust. dollar on Fiji dollar, buying $A1.0117 = SFI; selling $A1.0288 = SFI.
WESTERN SAMOA. —Through Bank of Western Samoa, controlled from NZ, seller $A1.2470 to SWS Tala 1.
Norfolk Is., Papua-New Guinea. Aus
tralian currency used: no exchange payable in transactions with Australia.
FRENCH PACIFIC COLONIES.—Pacific francs fCFP) are used in New Caledonia, New Hebrides 'Jointly with Australian dollars), Wallis and c utuna Islands and Fr. Polynesia. French Bank, Sydney, on Mar. 24, quoted: Selling, Noumea and Papeete, 109 Pac. francs to $ Aust.; approx. 97 Pac. francs to US $; Noumea 100 Pac. francs equal 5.5 French francs. Paris- London: Buying 13.20 francs to £. Also, £ equals 240.04 Pac. francs, to the open market. Recent prices were: ist grade, $130; 2nd grade, $126; 3rd grade, $ll6 per ton, BSIP ports (Honiara, Yandina and Gizo).
GILBERT AND ELLICE—Board pays co-op. societies $103.60 (Ist grade) and $92.40 (2nd grade); co-op. societies pay producers $89.60 (Ist grade) and $78.40 (2nd grade).
NEW HEBRIDES: Copra sold direct by planters to France and Japan. Official market price on Mar. 16 was $75 (7,500 Pac. francs), COOK IS.:—Copra goes to Abels, Ltd., of