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Economy / Food Prices / Dollar Values #258910

CBS Evening News for Tuesday, Jul 25, 1978
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(Studio) Testimony with regard to rising food costs of White House Wage and price adviser to House committee reported.
REPORTER: Roger Mudd

(DC) Details given about congress hearing on food costs. Agriculture Department blame for high prices stated. [Agriculture Department spokesperson Howard HJORT - discusses effect of general inflation on food prices.] Wage and Price Council chairperson Barry Bosworth's statements to committee with regard to farm prices' effect on food costs outlined. [BOSWORTH - doesn't think there's much government can do about situation at present.] Predicted moderation in food prices in rest of yr. noted. President Carter's meeting with west cattlemen detailed.
REPORTER: Susan Spencer

(Studio) Contd. devaluation of dollar against yen in Japan and slight rally in Europe reported.
REPORTER: Roger Mudd

Mudd, Roger;
Spencer, Susan

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