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Wholesale Prices #225613

CBS Evening News for Tuesday, Jan 09, 1973
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(Studio) Wholesale prices in December rise 1.8%.
REPORTER: Dan Rather

(DC) Index for wholesale farm prices jumps 6.8% in December Drives overall wholesale price index up 1.8%. Bad weather blamed for increase. In past yr., index for farm products up 7% in 1st quarter. 4.8% in 2nd quarter, 17.4% in 3rd quarter, and 30.1% in 4th quarter.
REPORTER: Barry Serafin

(White House) White House spokesperson says President will take steps to deal with rising food prices in 1973. Press Secretary Ronald Ziegler says question discussed by President Nixon and advisers today. Import duties may be lifted on some items. Farmers will be allowed to cultivate more land. For stout term, food prices will keep going up.
REPORTER: Robert Pierpoint

Pierpoint, Robert;
Rather, Dan;
Serafin, Barry

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