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Newspaper
Press Telegram
Location
Long Beach, California, United States of America
Date
Oct 14, 1974
Page
8
The Agriculture Department announced a $4 per month increase for a four-person household on food stamps starting January 1. A four-member family with two schoolchildren now receives about $140 monthly in benefits, with exact amounts changing by income.
Prices moved higher on the New York Stock Exchange with the Dow up as gains broadened. Advancers outpaced decliners amid 1,583 issues, with mixed but generally upbeat moves across sectors led by oil, chemicals, and large caps as investors anticipated looser credit and hopes of oil price relief.
Rep. James Burke proposes a constitutional seed aid program, seeking free seed packets for individuals. The bill, backed by 15-9 in the House Agriculture Committee, aims to cost about 6 million dollars annually for three years and could boost vegetable production to 3390 million dollars yearly.
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