DOLLAR EXCHANGE.

New Zealand Herald, Volume LXIX, Issue 21167, 27 April 1932, Page 7

DOLLAR EXCHANGE.

DOMINION RATES REVISED. COMPARISON OF QUOTATIONS. Current dollar exchanges, as quoted by the New Zealand banks yesterday, arc as under, compared with previous quotat ions:— U.S. Dollars to £1 N.Z. Apl. 4. Apl. 11. Apl. 18. Apl. 20. Buying . . 3.90 3.88 3.80 3.77 Selling . . 3.70 3.08 3.00 3.57 Canadian Dollars to i'l N.Z. Buying . . 4.31 4.'28 4.28 4.23 Selling .. 4.11 4.08 4.08 4.03 THE LONDON MARKETS. PRICES FOR METALS. ALL-ROUND INCREASES. (Received April 20, 10.45 p.m.) LONDON, April 25. (Quotations on April 20 in parentheses.) Copper.—Spot, £3O 12s 6<l (£29 12s 6d); three months, 1530 18s 9d (£3O Is 3d). Electrolytic Copper.—Spot, £34 10:5 (£34) ; three months, £35 (£35). Wire Bars.—£3s (£35). Lead.—Spot, £ll 16s 3d (£ll 6s 3d); three months, £l2 Is 3d (£ll 12s 6d). Spelter.—Spot, £l2 lis 3H (£l2 7s 6d); three months, £l2 15s (£l2 7s 6<l). Tin.— Spot, £1.17 7s 6d (£IOB 8s 9d); three months, £ll9 12s 6d (£llO 8s 9d). THE CITY MARKETS. YESTERDAY'S AUCTIONS. GOOD SUPPLIES OFFERED. Although thero was generally a better demand for fruit at tho (Jity Markets yesterday, values showed little improvement on late, quotations. Apples and pears were again offered in large quantities and sold at low rates. Granny Smiths touched lop figure, realising up to 6s 6d a case. Thero was a fair demand for grapes, passion fruit and tomatoes, but lemons were slow of sale." Ripe bananas were in heavy supply and values remained low. A shipment of Tongan bananas was not offered yesterday. Tree tomatoes were on sale at 3s to 5s 6d a case. In the field produce market there were good supplies of all vegetables in season. Potatoes beans, kumaras and celery were offered in very large quantities and there were also good supplies of cauliflower, cabbage, green peas and Brussels sprouts There was only a small supply of poultry and the demand was keen, prices remaining about level. Late rates were maintained in tho egg market, only moderate supplies coming forward. Prices for average quality linos were as follows: — FRUIT. Apples, Delicious, Is 9d to 3s Gd a case; Man roes, 2s to -s Od; Jonathan, 2s to 3s; liallarats, 2a bd to 4s; Northern Spy, 2s Od to 4s; Granny Smith, 4s to 0s Od; others, la Od to 2s; pears, Louise Bons, 4s to ss; Buerre Boac, 2s to 3s; Keillers, 2s; lemons, 5s to 9s; persimmons, 2s Od to 4s; Capes. 2Jd to 3d a lb; passions, 2s to 4s a, case; tomatoes, local, choice, smooth, ripe, 3s to 4s; others, 13 Od to 2s; Hutts, 2s to 3s; grapes, hothouse, Colnian, extra choice. Is 2d to Is 4<l lb; others, 6d to Is; outdoor, Te Kauwhata, 4s to 0a Odacase; mandarins, 10s to 14s; oranges, Island, 14s to 20s; bananas, No. 1, lis to 15s; No. 2 and medium, 4s to 103. j FIELD PRODUCE. Potatoes, 2s Gd to 3s 6d a bag; onions, i 4s to 5s Gd ; kumaras, 2s to 3s Od; cabbage. ! 3s to Gs fed a sack: cauliflower, 5s to Ss; ! swedes, Is to Is 9d a bag; pumpkins, Crown and Triumble, 5s to 7s a cwt; others, ; 2s to 4s a sack; citron melons, Is Gd to ' 2s; green peas, 3a to 8s a bag; beans, 1b to 2s; lettuce. Is to 5s a case; cucumbers, C.d to Is Od a dozen; vegetable marrows. In to 2s Gd; water melons, 2d to Gd each ; cabbage, loose, 2s to 4s a dozen; cauliflower. loose, 2s to 4s; celery, Gd to Is Gd a bundle; rhubarb. Is to 3s a dozen; spinach, (3d; pumpkins, loore, 2d to Gd-oach; radish, Gd a dozen; spring onions, 4<l to 9d a bundle; carrots, parsnips, beet and turnips, 4d to 8d a dozen; Brussels sprouts. 2!d to 3id a lb; leeks, 2d to 3d a bundle. POULTRY. Cockerels, heavy breeds, prime. 2s Od to 5s each; not prime, Is fid up; breeds, prime. Is Od to 3s; not prime, Is up; fat roosters, h»avy broeds. prime. Is Gd to 2s; light breeds. Is 3d to 1s 9d; fat hens, heavy breeds. Is Od to 2s Od; light breeds. Is 3d to Is Gd; pullets, heavy breeds, best, 5s to Gs; smaller, 2s up; light breeds, best, 5s to Gs; smaller, 2s up; drakes, young, prime. Is 9d to 2s Gd: smaller, Is up: old. Is 3d to Is 9d; ducks, young, 2s 3d to 3s Gd; old, Is Gd to 2s 3d. DAIRY PRODUCE. Hen eggs, first grade, 2s lid per dozen; B grade. Is 95(1; C grade. Is s}d: duck oggs, first grade. Is llid: B grade, Is Old; C grade, Is 4Jd; farmers' butter, 9d to lid a lb. NATIONAL INSURANCE. INTERIM DIVIDEND UNCHANGED. [BX TELEGRAPH. —PRESS ASSOCIATION.] DUN ED IN. Tuesday. The directors of the National Insurance Company, Limited, have declared an interim dividend of 4d a share for tho half-year ended March 31. The dividend is payable on May 16. Since November, 1927, when the capital of tho company was subdivided from £5 shares paid to £1 10s into £1 shares paid first to 6s, and in tho following year* io 7s, the company has paid an interim dividend of 4d a share and a filial dividend of sd, making 9d a share for the year. HANK OF NEW SOUTH WALES. NEW DIRECTOR APPOINTED. To fill the vacancy caused by (he resignation of Mr. James Rums, due to his departure for an extended trip abroad. Mr. John 11. E. Fairfax, of Sydney, has been appointed a director of the Rank of New South Wales. Mr. Fairfax is a soil of the late Sir .Tames Fairfax, who was chairman of the Sydney Morning Herald, and is a member of one of Sydney's old families. Sir James was also a director of the bank for several terms. Mr. Fairfax for many years, until recently, followed grazing pursuits.on the Darling Downs, but ho will now reside in Sydney. GOLD AND SILVER. QUOTATIONS IN LONDON. (Received April 20, 5.5 p.m.) LONDON, April 25. Gold is quoted to-day at £5 10s 10d an oz., compared with £5 10s 6d on Saturday. Silver was quoted oil Saturday at 17d an oz. spot and 17 l-16d forward, the same as on Friday. The quotation for silver at per standard oz. is 16 7-8 d and nl per fine 07.., 18 5-16(1, compared with 16Jd and 18 l-16d 011 April 20. DAIRY PRODUCE PRICES. Joseph Nathan and Company, Limited, has received the following cablegram from its London house (Trengrouse and Nathan) April 25:—Butter continues weak at 102s; Danish 955,