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[Page 190]

Treasury Department,
Rabaul,
30th Decr. 14.

The Administrator,
British Administration,
German New Guinea:

Sir;
I herewith beg to submit for your perusal a report in reply to wireless inquiry received Decr. 29th, re conditions and rate of exchange arranged with Burns, Philp, for transmission of money to Sydney.

Rate of exchange    M 20.50 to the   £.
Bank exchange         2 ½ %

The exchange has been collected here and the nett amount forwarded to Melbourne for payment.

Rate of exchange from Decr. 29th, M. 23 to the   £.

I have the honor to be,
Sir,
Your obedient servant,
(Sgd.) Walter Fry   Captain
Treasurer.

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