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1 PAGE 4 - PLA1NOEALER - FRIDAY. JUNE 15.1979 World Of Commodities A Weekly Fundomentol Report Grains:Soviet Crop Conditions Deteriorate. A major force in the grain and soybean markets in the past week was a deterioration of Soviet crop conditions, especially in the winter wheat areas. The declining crop conditions have led to anticipation of substantial importsof U.S. grains and oilseeds, similar that which occurred in 1972 and 1975. If dry conditions continue in the Soviet Union, this year could be similar to 1972 or 1975 in which the Soviet crop conditions became the dominant force in the U.S. grain and oilseed markets. In those years, the U.S. markets advanced in spite of generally favorable crop conditions in the U.S. and prospects for increased new crop supplies. USSR Buys Additional Soybean. Soybean and soybean meal futures prices advanced sharply through mid-week. The major force behind the advance was the announcement of a sale of 300,000 tonnes of soybeans to the USSR, for shipment during the June-September period. The sale brings total Soviet purchases from the U .S. for the 1978-79 marketing year to 1.18 million tonnes. Wheat Makes New Contract Highs As Harvest Approaches. Strength in the wheat market during the past week is attributed to the outlook for strong export demand during the 1979-80 crop year. Of particularsignificancewere reports that the Soviet winter wheat crop could be disappointingly small this year. Continued dry weather in the European USSR is raising the possiblity of sharply reduced production of winter wheat in that country. Our work suggest that if June precipitation is near normal in the Soviet Union, grain production may still be reduced to 205 215 million tonnes in 1979 compared to 237.1 in 1978. Continued dry weather may reduce the size of the crop further. A substantial portionof the reduction is likely to occur in winter wheat production. Harvest pressure could lead to wide price swings, but based on the current situation, we no longer suggest attempting to sell wheat in anticipation of harvest pressure. We suggest using reactions to establish long positions. Corn Demand Strong. Corn futures worked higher over the past week in response to strong demand for corn and indications that demand could continue to increase in the 1979-80 crop year. We have indicated that, based on seasonal tendencies and the high price of livestock relative to feed prices, consumption of corn for livestock feed could be near 4250 million bushels this year compared to 3709 a year ago. We also expect record corn exports of 2100 million bushels compared to 1948 during the 1977-78 crop year. Based on these projections corn carry-out is expected to be 1262 million bushels versus 1104 a year ago. Usage of 6925 million bushels of corn this year and indications that demand could be higher during the 1979-80 crop year point to the need for excellent crop conditions this summer. Assuming that 80 million acres were planted to corn this spring and that acreage harvested for grain is 85.5 percent of planted acreage, yields of 100 bushes per acre would result in a 6840 million bushel crop compared to 7082 a year ago and projected 1978-79 usage of 6925 million bushels. The possibility of production below usage with 100 bushel yields suggest that the market should be highly sensitive to weather conditions this year We continue to favor buying December corn on reactions. Livestock: Heavy Slaughter Weighs On Hog Futures. Hog futures prices moved sharply lower in early week trading before rallying on Thursday. Heavier than anticipated hog slaughter continued to be the dominant force in the market. Hog slaughter in the week ending June 6 totaled 1724 million head, up 25 percent from the 1374 million head slaughtered in the corresponding period a year earlier. Hog slaughter in May,rand to date in June, has run well ahead of expectations based on the March 1 Hogs and Pigs Report. Slaughter levels to date suggest the March Hogs and Pigs Report significantly underestimated market hog inventories. The size of the June-August pig crop projects to dominate trading in December and February hog tytures. In March, farmers indicated they would expand farrowings in June-August by 19 percent over the year earlier level Economic value studies suggest current December and February futures prices reflect at least a 20 percent increase in December-February slaughter. Metals: IMF Gold Auction Results. The June 6 International Monetary Fund (IMF) gold auction resulted in the sale of 444 thousand ounces through competitve bidding. Successful competitive bids ranged from $280.22 to $281.37 per ounce with a record high average price of $280.39. The May producer price index was released June 7 showing an unexpectedly low increase of 0.4 percent. Declining food prices, especially beef and veal, contributed to much of the slowing from the 0.9 percent increase seen in the ^pril index. May industrial production is scheduled for release on Friday, June 15. We expect the index to show an increase between 0.3 and 0.5 percent versus the 1.0 percent decline in the April report. If Mav industrial production shows a decline from the April levels, silver and goldcould experience significant selling pressure. We expect silver and gold to weaken in the near term and are watching for signs of a definite economic slowdown as an indicator that the bull markets in silver and gold may be nearing a peak. John S. Norkett Regional Manager, McHenry, Commercial Hedging Clayton Brokerage Seek Candidates For Health Systems Agency The Health Systems Agency for Kane, Lake and McHenry Counties, Inc. (JflSA-KLM) is currently looking for area residents who are concerned about health and health care services, and who would be interested in becoming can­ didates for the agency's board of directors. HSA-KLM is seeking ap­ plicants for four vacant seats on the board. One seat is for a provider of health services and three seats are for consumers (individuals who do not provide health care services and are residents of the area). The one provider candidate must be a resident of the area and represent a health professional school which is physically lodated in the area. In addition to the above requirement, HSA-KLM's Membership committee strongly encourages ap­ plications from: Public elected officials at all levels; in­ dividuals who feel they can represent the health needs of low or moderate income families; and. individuals of Hispanic heritage. For more information, or to obtain a membership ap­ plication form, contact Richard Janishewski at (312 ) 639-0061. All applications must be received at the HSA-KLM of­ fice. 188 S. Northwest Highway, Cary, 111., 60013, by June 30. Timely Safety Tips Caution While Cutting Can Reduce Lawnmower Injuries A Service of Underwriters Laboratories Inc. cially children, away from the area being mowed. * Know how to operate your lawnmower and other power tools before you use them. A few minutes reading the operating manual could save days in the hospital. V I ( 4 I f \ R " t P i V ' . N i • 1 M Fresh green blades of grass springing up from the lawn are a sure sign that spring has finally arrived. The joy of the moment soon loses its appeal for many people with the realization that their lush green lawn needs to be mowed and trimmed. No matter whether you an­ ticipate this task with glee, or dread the time spent keeping the yard neat, Underwriters Laboratories Inc. (UL), an in­ dependent, not-for-profit or­ ganization testing products for public safety, urges you to have a positive attitude toward safety while working in the yard. Safety awareness can help reduce the number of injuries associated with yard work. Human carelessness was a major factor in many of the power lawnmower accidents which injured an estimated 61,000 persons in 1977, ac­ cording to U. S. Consumer Product Safety Commission figures. To help you enjoy a safer spring and summer, UL offers these general guidelines for working in the yard: * Wear proper clothing and shoes. Loose clothing could get caught in moving parts; footwear that doesn't, provide good traction and balance could result in falls while mowing. * Keep other people, espe- The McHenry Plaindealer (USPS 335-200) Established 1875 3112 West Elm Street Phone 385-0170 McHenry, Illinois 60050 Published Every Wednesday ft Friday at McHenry. Illinois Second Class Postage Paid at McHenry. Illinois By McHENRY PUBLISHING COMPANY Subscriber* arc requested to provide tmmediof* notice of change of oddrett to Th» McHenry Plaindeoler 3SIIW Elm $1 McHenry III tOOSO A deduction ot on* month from the eipiration of a subscription will be mod* whtit a thong# of oddress it provided through the Pott Oflict Department Larry E. Lund-Publisher Adele Froehlich-Editor \ NEWSPAPER/ NATIONAL NEWSPAPER mOCUTIQW Fulfil 1IM NNA SUSTAINING MEMBER -- 1979 fif» frill I * itr SUBSCRIPTION RATES ' Y*°r $12.00 1 Year $17.00 Outside McHenry Thank Y ou for supporting our Spoghetti Dinner! Johnsburg Rescue Squad In McHenry County County * Check the lawn for debris that could be thrown by your mower. If you're using a mower with a gasoline fueled motor, these guidelines should be observed: * Fill the gas tank out­ doors with a funnel and stay away from possible ignition sources. Then replace the gas cap firmly when done. * Be sure the mower is on level ground, disengage all clutches, and use the correct procedure described in the owner's manual for starting J.' your mower. „ v Electrical tools present some different hazards be­ cause of their need for power cords. Some suggestions from UL when using these tools are: * Wait for dry days before using electric lawnmowers, trimmers, and other tools. * Use extension cords de­ signed for outdoor work and rated for the power needs of your tools. * Start using your elec­ tric lawnmower in the area nearest the electrical outlet, and then mow away from the outlet so that you will have the cord behind you, reducing the risk of cutting it. * Use the handle to carry electrical tools, not the cord; and don't yank the plugs from the sockets by the cord. Some additional tips for safe mowing from UL are: * Mow across an incline if you are using a walk-behind mower. With a lawn tractor, mow up and down the incline to prevent the tractor from tipping over and pinning you underneath. * Make sure all guards are in place while mowing and keep the lawnmower's blades sharp. * If you do hit a foreign object or have a mower mal­ function, always remember to turn off the mower and dis­ connect the power cord or spark plug wire before inspect­ ing the damage. This will eliminate any chance of acci­ dental starting. m e r i c a n V i e w p o i n t s Hearing Loss Aired Are you often missing part of the general conversation in a group? This sometimes happens to all of us. But when it occurs frequently it may indicate a hear­ ing loss. it may be a simple matter of impacted wax in the ear canal, which can easily be removed by your doctor. Or there may be an infection that blocks transmis­ sion of vibrations inside the ear, an infection that can be treated and cured. Certain useful drugs, such as some antibiotics or mild pain re­ lievers. and certain industrial chemicals also can affect hear­ ing. Mumps and scarlet fever, a cold or sinus infection can cause temporary hearing loss. A very loud noise or long continued noise can damage hearing. Highly amplified rock music and the roar of snowmobile engines both have been implicated. In all the affairs of life, social as well as political, courtesies of a small and trivial character are the ones which strike deepest in the grateful and appreciating heart. Henn Clav Remember. JUMEI7 some dads keep everybody guessing about Father's Day Just about everybody knows this Sunday, June 17th is Father's Day. And for a couple of weeks a lot of people have been asking dad what he'd like. And a lot of dads have been saying "oh nothing...just a little peace and quiet". We agree that a little peace and quiet might be nice for him on his day -- but we also suspect a gift might add a glow to Sunday. And if your dad is one of the guys who keeps you guessing we suggest a gift certificate...that way he can have his peace and quiet and choose the gift he really wants. If he wants to be sly, you be sly with him. lewd-£ Stowtt ....the w Woodstock & McHenry, Illinois shop every Friday night 'til 9 p.m. Gas Saving SERVICE SPECIALS! THRU JULY 31 ON GM CARS & TRUCKS UP TO 3/4 TON AT MITCHELL BUICK-OLDS IN McHENRY GM QUALITY SERVICE PARTS GENERAL MOTORS PAPTS DtVISK» V* -- •mwmiwmmmm WE'RE PROUD ANNOUNCE Frank Gilardi as our NEW Service Manager! Frank and his professionally trained staff will be happy to answer any questions you may have concerning your car. Pay us a visit! EMISSION CONTROL SERVICE Includes all adjustments to engine, set at fac­ tory specifications, idles, timing, choke ad­ justments and filter service. f 7 5. AUTOMATIC TRANSMISSION SERVICE Cars and trucks up to 3» ton. Drain and check fluid, install new filter and gasket, road test vehicle. AIR CONDITIONING SERVICE Pressure test system, evacuate and recharge, service system complete, check belt tension. In­ cludes freon and oil if necessary 2995 COMPLETE FRONT-END CHECK Inspect alignment, ball joints, shocks, relay rod, idler arm, all bushings, etc. (No charge for diagnosis if any repairs required.) 8" BRAKE SERVICE Complete brake inspection in­ cludes clean and adjust brake shoes and pads, parking brake adj. and fluid level, check for leaks in lines. 17s MITCHELL BUICK-OLDS 903 FRONT ST. McHENRY, ILL. CALL FOR APPOINTMENT (815) 385-7200 American Legion Post 49 - RINGW00D ROAD, McHENRY - OPEN TO THE PUBLIC FISH FRY EVERY FRIDAY (5:00 - 9:00 P.M.) •PERCH--ALL YOU CAN EAT •OTHER MENU AVAILABLE BOB & THE BLUE TONES COCKTAIL MON.--TUES.--WED.--THURS.--FRIDAY HOUR 3:30 to 6:00 Cut Prices ssssssssssssssssssssssssssssssssssssssssssvi There are some types of hear­ ing loss that are permanent and cannot be cured. The medical ear specialist can determine by a series of tests whether loss^of hearing is due to nerve Idamijge or to interference with Ae transmission of sound waves to the hearing organ. If there is an obstruction, sometimes surgery can remove it, a pamphlet from the American Medical Associa­ tion points out. Recovery is not possible with nerve deafness, but early medi­ cal treatment may slow progress of the deafness. When there is still some useful hearing, a hear­ ing aid may be prescribed. If there is a hearing rehabilitation center in your area, your doctor may refer you to this center for fitting of the proper hearing aid. Results of testing will determine whether the hearing aid should be fitted behind the ear for bone conduction or into the ear for air conduction. In severe cases of hearing loss, it is frequently necessary to learn lip reading. Most hearing centers have speech experts qualified to give instruction in lip reading. Many of the hard of hearing al­ ready are reading lips without realizing it. SUPER SPECIALS TRACK-LIGHTING "SNAPTRAK" REG. 86,S NOW $4350 SMOKE DETECTORS (while they last) REG 54,S NOW $25 WEEKLY SPECIAL JUNE 14-24 r a n t i A $37500 COMPLETELY c a n y o u B E L I E V E ? A BUILT-IN VACUUM SYSTEM 50 COMPLETE COVERAGE* Living Area 1800 sq ft Goroge 525iq ft. INSTALLED Includes: Cleaning Tools 25 Hose Brass Wall Valves Utility Valve Back-up Plates Plastic Flonged Elbows 2' Plastic 90 Oegree Elbows 2' PLASTIC 90 OEGREE TY s 2 Plastic Couplers - 2" 58 Plastic Tubing 2 Pt Plastic Cement FOR THE PRICE OF A St. L T*f $ $O7C00 I I I w# W (IN RESIDENCE AS PICT «** I 0 Kg (IN RESIDENCE AS PICTURED ABOVE) •DEEP CLEANING •NO DUST RECIRCULATION •LOW NOISE LEVEL •CONVENIENCE Totol 2325 sq ft PORTABLE i 'Other Models Available For .Larger Areas BILL OF MATERIALS HUSKY MODEL H-l/p POWER UNIT Approx. M0" H20 Sealed Vacuum • Appro*. 110 CFM E L E C T R O 815-385-7263 OPEN M TH 8-6:30 Fri.«-9 Sat. 9-5:00 or by Appointment E L S O N / CS BULL VALLEY ROAD & ROUTE 31 (Entrance on Bull Valley Rd.)