AUSTRALIAN COINS

Press, Volume CI, Issue 29903, 17 August 1962, Page 10

AUSTRALIAN COINS

Firms, Banks Embarrassed (N.Z. Press Association) AUCKLAND, August 16 The large number of Australian coins in circulation is a source of embarrassment to banks and business houses. Gas-meter readers frequently find Australian shillings in slot meters and Auckland Transport Board drivers are often handed them in payment for fares. “They are a source of embarrassment when a customer finds we cannot give him full value for his coins because some are Australian ones.” said a bank officer today “Frequently the customer does not realise Australian coins are among those he is tendering." “Last year approximately £llO in Australian coins passed through the Transport Board's hands." said the treasurer (Mr L J Fry) Mr B L. Killip, chief cashier of the Auckland Gas Company, said about £8 to £lO worth of Australian coins come in each month Bank officials said the coins are stored and when a large number have accumulated they are shipped to Australia to be put back into circulation.

Whakatane Flights

A DC3 airliner service for Whakatane is expected to begin on November 1 The week-day schedule will connect Auckland. Tauranga Whakatane. and Gisborne The assistant general manager of the National Airways Corporation. Mr G K GrowScott said today that in view of the excellent progress [being made with the sealing of the Whakatane airfield. it appeared possible for the airport to be used f° r DC3 operations during October If the airfield is ready before November 1. the service will begin at the earliest possible date. —(PA )