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NUMBER 56

Washington, Thursday, March 20, 1952

15, 20, or 33 years, in the discretion of CONTENTS
the County Committee, subject to the Agriculture Department applicable regulations. The section is Chapter III Farmers Home Adminis See also Farmers Home Adminis amended to read as follows:
tration, Department of Agriculture tration; Federal Crop Insurance
303.2
Recommendations to be made . Subchapter A Farm Housing Loans and Grant Corporation; Production and by County Committee.
Marketing Administration.
FHA Instruction 401.11
b Recommendations of type of as Notices:
sistance, amount of assistance, and re P art 301B asic R egulations Sale of mineral interests, re payment period.
vised area designation; Fair ADDITION OP 2 5 YEAR REPAYMENT PERIOD
2 In the case of a section 502
loan, Market Values and One DolFOR LOANS
the Committee will recommend that the lar Areas________________ Section 301.2 a, Title 6, Code of loan be repaid over 5, 10, 15, 20, 25, or Alien Property, Office of Federal Regulations 14 F. R. 6545 is 33 years after considering:
Notices:
amended so as to permit Farm Housing i The debt-paying ability of the ap Hearings, etc.:
loans to be made for 25 years, as well as plicant. The period of repayment should Beck, Erna Martha----------5,10,15, 20, or 33 years, in the discretion be clearly within the borrowers debt Imperial Japanese Govern of the loan approval officer, subject to the paying capacity but should not be longer m en t-_______
applicable regulations. The section is than judgment indicates will be required.
Unknown Japanese nation amended to read as follows:
ii The quality of the security.
als_____________________
301.2 Terms of loans a Amor Loans should not run for longer periods Canal Zone tization period. Farm Housing loans than the probable life of the security.
In this connection, type of building con Rules and regulations:
will be made for periods of 5, 10, 15, 20, Customs service______________
25, or 33 years depending upon the prob struction and probable rate erf deprecia tion are important.
Operation and navigation of able debt-paying ability of the borrower, iii The dependability and probable Panama Canal and adjacent but not in excess of the useful life of duration of otf-farm income. When the waters__________________ the improvement, except that:
Tolls for use of Canal---------- 1 A section 503 loan will be made for repayment of the loan is dependent to a large degree upon off-farm income, the a period of 33 years.
Civil Aeronautics Administra 2 A section 504 loan will generally repayment period should be adjusted in tion be made for 5 years and never for more accordance with the dependability and Rules and regulations:
probable duration of such income.
than 10 years.
Alterations: .
Sec. 510 g , 63 Stat. 438; 42 U. S. 0 . 1480 g .
Sec. 510 g , 63 Stat. 438; 42 U. S. O. 1480
Danger areas______________
Interprets or applies sec. 502 a, 63 Stat.
g. Interprets or applies sec. 502 a, 63
Designation of civil airways 433; 42 U. S. C. 1472 a
Stat. 433; 42 U. S. C. 1472 a
Designation of control areas, seal
D illard B . L asseter , control zones, and report f . seal D illard B. L asseter , Administrator, ing points_______________
Administrator, Farmers Home Administration.
Farmers Home Administration.
Civil Aeronautics Board See Civil Aeronautics Administra M
arch 3 ,1 9 5 2 .
M arch 3, 1952.
tion.
Approved:
March 14, 1952.
Approved: March 14, 1952.

TITLE 6 AGRICULTURAL CREDIT

C. J. M cCormick ,
Acting Secretary of Agriculture.
P. R. Doc. 52-3226; Filed,! Mar. 19, 1952;
8:46 a. m.

FHA Instruction 421.13
P art
303F arms
ADDITION OF 25 YEAR REPAYMENT PERIOD FOR
LOANS

Section 303.2 b 2, Title 6, Code of Federal Regulations 14 F. R. 6548, is amended to permit a County Committee to recommend that a Farm Housing sec tion 502 loan may be made repayable over a period of 25 years, as well as 5,10,
C. J. M cC ormick ,
Acting Secretary of Agriculture.
F. R. Doc. 62-3227; Filed, Mar. 19, 1952;
8:46 a. m.

Defense Production Administra tion
Continued on p. 2385

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Defense Materials Procurement Agency
311B asic R egulations S ubpart BL oan L im itatio n s
For the purposes of title I of the Bankhead-Jones Farm Tenant Act, as amended, average values of efficient
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Commerce Department
Subchapter B Farm Ownership Loans
AVERAGE VALUES OF FARMS AND INVESTM ENT
L IM IT S ; ALABAMA

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See Civil Aeronautics Administra tion.
Rules and regulations:
Foreign produced manganese ore; correction MO 2, Dir.
1 ________________________

P art
Page
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Notices:
Dover Steamship Co., Inc., and Standard Oil Co. Kentucky;
additional companies accept ing request to participate in the voluntary plan to con tribute tanker capacity-------- 2400
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