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Inflation / Food Prices #39279

ABC Evening News for Thursday, Sep 11, 1975
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(Studio) Food prices up without stimulus of Soviet grain sales.
REPORTER: Harry Reasoner

(New York) More of food dollar going to middlemen. Live chicken sells for 35.3% per pound Shipping adds 1.2.; processing 6.7.; whsling. 4%, and retailing 12.4% pound Cost of canned tomatoes less than 1/4 of retail price. Incrd. wages, cost of food containers and energy costs cause price increases Econs. say grocery stores employ too many. Baggers in New York get $5 hr. plus fringe benefits. Av. supermarket accepts 200 deliveries week Even if farm prices go down, food prices will keep incring.
REPORTER: Dan Cordtz

Cordtz, Dan;
Reasoner, Harry

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