CBS Evening News for Thursday, Apr 05, 1973
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(Studio) Wholesale prices up 2.2% in March. AFL-CIO President George Meany says wholesale report proof administration must impose tougher price controls. Chief econ. Herbert Stein says Phase III will be adapted as necessary to retain inflation. Lumber prices up 6.6% for month
REPORTER: Walter Cronkite
(Orange County, California) 1/3 United States lumber exported, mostly to Japan. This creates shortage for domestic market Demand also up. Lumber prices up 150% in last 18 mos. in many places. [Housing developer W.N. KENNECOTT - says lumber up 40% in last year]
REPORTER: Richard Threlkeld
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