Search the Archive

Economy #51120

ABC Evening News for Friday, Oct 13, 1978
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) Federal Reserve's increase in discount rate reported Further increase in prime rate by major banks noted; Chase Manhattan's increase on Thursday mentioned. Govt.'s report of record corn harvest earlier in week recalled.
REPORTER: Max Robinson

(Iowa) Slight increases in corn prices, contrary to amount of corn harvested, noted; reasons stated include farmers' holding corn off market and government program to pay farmers for not growing as much corn this year [Corn Growers Association spokesperson Donald SCHLICTE - discusses relief government program has given.] Problem in moving grain stated; example given is Iowa grain elevator, where railroad cars haven't come since August Problems involved in law of supply and demand and effect on consumer prices outlined.
REPORTER: Ron Miller

Miller, Ron;
Robinson, Max

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.