The Lucknow Sentinel, 1991-03-06, Page 770
Broad Ion g term market moves
develop over t me. build *oda and
peiL,t, Sys ". I- ice 'trend , _
tN` -1' ` daenten wife•
remain in pla,`with. the advent of
war there ,at* some indictions, of
sideways price movement.
Dem.and for northern liemisphez
soybeans (70% of the world's
produ ctioan.) remains slow,t '
" i - 30% .-the9 w rlc *S
production ' South . is
under °
���M■ 1! ; ��1` 1y��■ �My�t�b�t yup ,..
hnely.:�Ii� Malt in' B � a m'u .4. t •,
U.S. 'production for she 1990/91,
• crop year has beenrevsards
to 1,9� billion bu. whole'.
utilization has been reduced to
1.863 billion, This puts! ending'
stocks at 300 million bushels 'a
comfoirtable:16.1% of total 'use,
A •weak U.S... dollar should'
enc ou a °gaer_consumption
since each unit. of foreign gurrency
b -that much more ^. iS ' ar
denominated co nmodJty!. It , s root
OGRESS '91
arket c
happened yet ' even . with the
increased buying powe of feign
4
pies.
, oy arts have' bowed the -
overall gem economic trend.
'
with rive little of.thehoriz to
• suggest a sharp UmrAs
slid into essiont
illtereSt rates head°lo°wer, the std
markets rev r and tan leassets
t A. .tb - loses, Only a.very
fe'`coMmodities are at new'high
price Ievels with mostanth stori
row levelittWea *telt*
`
midst, of global commodity price
implosion or at best ilu vommodity
Wed deflationary sa,
• Ateral, etrmodities.
renewable resources, wit>ra One yotr
eyc e. They acid so ►etumes do
trade on their own supply and.
deimand factors even if the overall.
picture.does:.not .support sustained
prnhe_, in pronvemeuts. Any
unexpecteduttepectc4. shock is the product**
cycle cid move prices 'enter i,.
the wend economic tom.
o
.war have:in, tea what;
appears to, by greater volatility into.
,potential pricy swings ewith ' the •
On meets, -Volatility, creates
isnortainty and risk bit also wens-
Iheitioot e amity# ,Itt• could
odium ra t'` Unfit +. tr
however tyle rltrmay be whollyor,
e .ft
put`Itly i reater pt e
flttIatin„ ,omgd With,. the
!ar, t; r ve 'boInc "
.off: two; earmp!� p rieu•low °which a
6 °"
>Inc tate .
4f Wear indeed ryi b to " of
these°mets• out" it won't become
`evidetlt Until'Well after the ,fact.:
eanwh, wed have to monitor
pricesflra t ations, watch the:hor n
for: chanes In ;th . `►earl
fultdarnenlal situation<and hope that -
we
i'at -we ate indeedw tnessn►gbettouning
ac°tion:. `
41,1
INVESTMENTS
(;ici!'II(h I reit)-:'hh �l•!I!•S
•
7".•
•/
4_
44 , r.:,<<,..:..12;
'\.4:::om:'�i:iA:'}Cv�h*;v :L}::��ii,;ji}%1'y€•. 1i1{';`�:'';:�,{:}`l,tC:k}ri{iY}'{j•}'{+5v}:�
, \ 4+'
•
�:
•
n •
The' Water: 'Furnace'S' stgm.rte*
lures the.mOf
. tremendous reserve' .
.,
underground energ
tees it mato your ,home. Imagine
an energy pipeline witheut-a
}rr
eter, ori, it! IVaterFU.rnace
Systems aae',effective• acid afford -
44
•YS
,ya
r•
Jnr
\.k;':<"a;�•,•yC``y,`L;`;.fx?,�;ti;rbc:+•'.tikt+:Yet?::}{{::;v:t,:��}}�`a+;;f?`�:::�;txi{:`•:5{
;:'Zl:''X?%:EA..
}
:.: •. ...if:...:..,..i':::,,,.:;:., ,lis lisic{ x. }{:a+::, •xx ` % }• ; I:• • ::;:c
4:. }��,\r�;i.}:{ h y ;•y{.r},.}s:{{7{y :. ,L�c1�{�`:.•%,{4rSSa1'`�v�;Alet
'Unl100 *Mill `.pllv.I arson.
• No bowing, Mold* inky**
Favi& working pili rusks t►ra
•P.tk Mlxar nrllabl o (only: grow
Ai*,thadown ,rotat.a tini.'centrrV .
',giant! circulator Titov /per t, l
bic ei
O* 0 mIz r At ��,
tlrnii Ni. tilting boIfod to tl'ra dt
in a spiral d slpn Moine furl I,
—golfs--irorrfarrrtnOkia Wltii ii`i<
tumbiing•action.
Four slits
Cot --Tors. steal mixer drum
(•U.S. Stint Corp.) •
Electronic seals er '
milchanlcat ham sial.
Low -rata liking
avallibar .
Contact: •
Yobs dealer is >rifessional
Take,time. to discusSan Ener
Analysis with him an'd'flearn•the..,
TROTH using REAL ncumbers
which PROVE n`WateFumace
Syste m will actual
pm yoU to
it! Cy oo
owl) se.thlnBder: '
*:::%$'''':'xP.%
:iC• . } . :{ \kr::`y k•. t, o;s,.<''t:;• 4{xh$: b:•:r 1.3
, :.., ,,,,,'.':.:.,
}
ry
v n:
ys'
x .s.T�.....
,f•
a
}A0. ,x•.
�} W
•
1r
e responsible
0 Lino
Xa
Z:
Ati
•s;
DON WALLACE & SONS LTD.
PLUMBING & HEATING
Box 231
Hlnrr1ston
338-3823