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1
WE CAN TAKE CAKE Of
ALL YOUR
AUTOMOTIVE NEEDS
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GENERATOR and CARBURETOR REPAIRS
WE HAVE THE NEW
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inSUlWlCE
ACC IDE it T
LIFE
AUT0M03ILE-TRI?
HEALTH EIRE
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JACK mflZE
MATANUSKA VALLEY BANK
ALWAYS
A VARIETY FROM WHICH
TO CHGOSE
!
WHETHER YOU WANT A
LIGHT LUNCH OR A BIG
I DINNER I
STORE R10UR FOOD
! THE mODERD UJfiy
in LOCKERS
GLEANINGS FROM MARKET
REPORTS
From Market roporta in tho Statos no gloon
tho folloring infonnation and pass it on
to our readers.
viKEJS ericos oro oxpoctod to remain near
tho loan valuo for tho noset for nooks.Prico
support for tho 1948 crop rill ho at a
national farm average of $2 a bushol com
pared with $1.84 of a year ago. Terminal
markot ratos for Nc. 1 grados^at $8,29 at •
Chicago and^2il9*at Portland* and Scattlo
oro quotod,
teKD BRAIN ericos probably rill bo steady
to loror mtn oats and Darioy continuing
to shon moro roaknoss than corn. Splondid
gxoring reathcr has inado ylold prospocts
for all food ©rains exceptionally promis
ing. "Tho com crop is oxpoctod to top
3,000,000,000 bushols rlth prices consid
erably lonor than for the last crop. Old
corn supplios aro rathor strongly held and
the higher prlcos for moat animals aro en
couraging fooding oporatiems; ^7ith rcducod
numbers of livestock on hand, prices may
drop to the support level rhich is about
70 cents a bushol under tho present mar- .
kot.
FEED varkots have boon irregular rocontly.
Feeding ratios have been improved and tho
domand for comaorcial poultry mashos, and
hog and cattle supplements has increased.
Grinding of tho non crop of uhoat has in
croasod tho output of mill feeds and prices
have mo«od dorm, rhilo oil moals and ani
mal proto in foods remain scarco. Pricos
for byproduct foods probably rill rork
loror by oarly fall as feed grain and oil
moal supplies increaso. . ..
01IHY PRODUCT uricos probably rill'rork
higher during late summer and fall. Pro
duction probably rill doclino about ono
third in the next fivo months„ It is ox
noctcd that the total production of milk
rill probably bo smaller than a year ago
duo to roducod cor hords.
FOG pricos rill trend uprard during tho
next threo or four months bccauso tho pro
duction is oxpoctod to drop from 30 to 40
per cont. Tho pick up in lato fall and
rintor is cxpoctcd to be less than usual
duo to roducod pullot flocks. In addition
to this, extremely high moat prices aro
stimulating consiutfor demand for eggs.
POULTRY rricos arc expected to rork moder
ate ly loner as markot supplies lncroaso
in late summer and fall. Declines are not
likoly to bo sovoro bocauso of the reduc
tion in tho number of chickens raisod,
POTATO nricee trill probably be rather rook
in TaTo summer unless the grotring neathor
turns unia*xrable, Sunplioe may bo oxcos
sivo in late Tuly ana August, Government;
Duying is expected to bo necessary in many
aroaa in oraor to hold the prices up to
support levels, 'Hie support prices for
both July uni August in tno Into St; it os
vary from ^£>1? cr .)?. 75 nor 100 pounds
for U6Sn Nou 13 in bagSjf.c.b, carrier,
Conditions thus far favor a large lato
crop,