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Sugar Prices / Hearing #29328

ABC Evening News for Monday, Nov 25, 1974
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(Studio) Govt. Council on Wage and Price Stability finds rising sugar prices means great gains for all pts. industry
REPORTER: Howard K. Smith

(DC) Retail bakers say they face disaster if sugar price not lowered. [Retail Bakers of American William QUINLAN - speaks of 14. number of bake shops closing.] [Consumer Federation of American Carol FOREMAN - says 4 largest sugar companies pulling in highest profits since World War II.] Council doesn't have power to stop increases Refineries say price justified for them because of spiral in raw sugar prices. Growers say they don't get market price either.
REPORTER: Virginia Sherwood

Sherwood, Virginia;
Smith, Howard K.

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