Food Costs Jump 64 Dollars in Bitter 1972 Market Report
Washington AP reports new government figures show a family spent 64 dollars more on a year’s food basket. Farm prices rose by 59 dollars pushing the total with soaring middlemen costs. December’s market basket hit 1338 dollars at annual rate, with beef and pork prices climbing to record levels.
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Richardson Confirmed For Defense Position
The Senate confirmed Elliot L. Richardson as secretary of defense, reducing the number of Nixon Cabinet nominees awaiting confirmation to three. Peter J. Brennan, a New York labor leader, faces a midweek vote for secretary of labor, with a decision on James T. Lynn for secretary of housing and urban development expected later in the week.
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