COST OF HIGH EXCHANGE.
_ Exchange on oversea payments by the electricity department of the' City Council of Sydney, during^. 1932 amounted to £172,280. Had Australian currency been at par with sterling and the American dollar, the surplus earned by the department for the year would have amounted to £205,698, instead of £33,417.
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Evening Post, Volume CXV, Issue 63, 16 March 1933, Page 14
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52COST OF HIGH EXCHANGE. Evening Post, Volume CXV, Issue 63, 16 March 1933, Page 14
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