× The Vanderbilt Television News Archive is currently closed to in-person research, but is still fulfilling loan requests. For the latest information about COVID-19 (coronavirus disease), visit vu.edu/coronavirus.
Search the Archive

Economy / Prices / Food / FTC Report #241563

CBS Evening News for Thursday, Aug 21, 1975
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) gross national product rose 1.6% in 2nd quarter Consumer prices show inflationary spiral.
REPORTER: Roger Mudd

(DC) Consumer prices up 1.2% in July. Foods on shelves up 1.9%; fresh vegetables up 18%; pork and poultry up. Gasoline and motor oil prices up 3.3%. Soviet grain sale, oil decontrol and steel prices to have effect. Chart shows inflationary impact on wages. [Chairperson Senator Banking Committee William PROXMIRE - says federal government should control inflation.] Econs. say food and fuel increase due to other factors; recovery slow and tight money and budget policies might stifle it.
REPORTER: Neil Strawser

(Studio) Agriculture Secretary Earl Butz tries to calm consumer fears.
REPORTER: Roger Mudd

(DC) Chart shows 1975 food prices. Food prices to go up 9% compared to yr. ago. [BUTZ - says most impact of rising food prices behind us. Will be enough food for United States and abroad.] Butz says Soviet sale will raise prices 1 1/2%. FTC (Federal Trade Commission) study of milk, meat, bread and beer inds. rules out profiteering. [FTC Fred. SCHERER - says most price increases associated with cost increases]
REPORTER: Hal Walker

Mudd, Roger;
Strawser, Neil;
Walker, Hal

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.