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Economy / Wholesale Prices #28060

ABC Evening News for Friday, Sep 07, 1973
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(Studio) August wholesale prices, seasonally adjusted, increase 6.2%; biggest jump since World War II.
REPORTER: Harry Reasoner

(DC) Farm products, grains and processed foods show biggest jump - 19.3%. Consumer finished goods' and industry goods' reports outlined. Unemployment statistics given.
REPORTER: Herbert Kaplow

(White House) [Treasury Secretary George SHULTZ - believes wholesale price index taken at peak prices. Since then prices have leveled off.] Shultz admits Russian wheat deal gave extremely good deal to Russians. [SHULTZ - cautions United States against similar mistake with grain sales this year] Phase IV controls to continue full force.
REPORTER: Tom Jarriel

Jarriel, Tom;
Kaplow, Herbert;
Reasoner, Harry

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