Search the Archive

Cost of Living #21141

ABC Evening News for Wednesday, Jun 21, 1972
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio) Cost of living takes precedence over war as election issue; rises .3% in May due to clothing, cars, and gasoline hikes. Food prices down.
REPORTER: Howard K. Smith

(DC) Labor Department statisticians not consoled by food price drop as they are expected to increase this month [Cnsl. Econ. Advisers, Marina WHITMAN - says all alternatives considered in effort to reduce food price increases.] President Nixon meets with economy advisers. Encouraged that inflation has bean slowed to less than 3% annual rate since controls imposed. Price Commission considers imposing control on farm prices.
REPORTER: Stephen Geer

(Texas) Cattle ranches in real danger; profits low. Cattlemen blame middlemen for high cost of beef. Secretary Agriculture Earl Butz confirms it costs 50% more to run a ranch now than 20 years ago, but cattlemen receive about same amount for beef. [Cattle Raisers Association president, Bill DONNELL - says cattlemen need price as incentive to stay in business.]
REPORTER: Bill Wordham

Reporter(s):
Geer, Stephen;
Smith, Howard K.;
Wordham, Bill
Duration:
00:04:20

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.