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REGISTER

FEDERAL
1934

NUMBER 252

i/AflTEO

VOLUME 9

Washington, Tuesday, December 19, 1944
Regulations TITLE 7AGRICULTURE
Chapter V IIWar Food Administration Agricultural Adjustment Fair Price Regs., Rev. 2
P art
734 C o n s e r v a t io n M aterials
and
S ervices P rograms FIXING OF FAIR PRICES

The regulations governing the fixing of fair prices for conservation materials and services acquired under purchase orders 8 F.R. 17255, 734.1, issued by the Assistant War Pood Administrator on December 22,1943, are hereby completely revised to read as follows:
734.1 Regulations governing the fix in g of fair prices for conservation mate rials and services acquired under pur chase orders a Delegation to the Chief of the Agricultural Adjustment Agency.
The Chief of the Agricultural Adjustment Agency shall designate the conservation materials and services which may be furnished under purchase orders in con nection with the agricultural conserva tion program, the persons who shall de termine the fair prices, and the method of making such determination: Provided, however, That any such determination shall be made in accordance with the pro visions of paragraphs b , c , d , and e , hereof.
b Materials. A fair price shall be the price at which vendors in an area should be able to supply a material for local delivery under purchase orders, taking the following intoconsideration, to the extent thqy can be ascertained:
1 The prices which farmers are cur rently paying for the material through local supply channels, 2 The prices at which farmers could obtain the same material through other than local channels, and 3 The actual or estimated cost to the vendor and a reasonable margin for handling and profit.
c Services. A fair price shall be the price at which a vendor equipped to per form a service agrees to furnish it at a given time and under a given set of con
ditions, providing it is not excessive in relation to:
1 The prices which farmers are cur rently paying for the same or a similar service under the same or similar condi tions, and 2 The actual or estimated cost to the vendor and a reasonable margin for profit.
d Ceiling prices. Notwithstanding the provisions of paragraphs b and c hereof, ho fair price may be set which is higher than the highest ceiling price .at which any vendor in the area covered is authorized to sell a material or service under the General Maximum Price Regu lation or other applicable regulations is sued by the Office of Price Administra tion.
e Defective material. A material shall be deemed not to have been fur nished at a fair price If it is determined that the. material does not meet quality specifications. At the option of the Agri cultural Adjustment Agency such mate rial shall be rejected, or accepted subject to a deduction equal to three times the difference between the value of the ma terial of the quality specified and the material of the quality furnished.
55 Stat. 257; E.O. 9322, 8 P.R. 3807; E.O.
9334, 8 P.R. 5423; E.O. 9392, 8 P.R. 14783
Issued this 15th day of December 1944.
A s h l e y S e ll e r s ,
Assistant War Food Administrator.
F. R. Doc. 44-19083; Filed, Dec. 16, 1944;
11:12 a. m.

TITLE 18CONSERVATION OF
POWER
Chapter IFederal Power Commission 210 S t a t e m e n t s
REGULATIONS AND NOTICES

and
R eports
S chedules f o r m o f i n it i a l co st s t a t e m e n t for
LICENSED PROJECTS

8,1944.
The Federal Power Commission, act ing pursuant to authority granted by the D ece m b e r
Continued on p. 14711

A l i e n P r o p e r t y C u s t o d ia n :

Vesting orders:
Nikka Life Insurance Co., Ltd .
Nippon Fire Insurance Co., L t d _____________________
von Zedlitz, Anna M _________
Waltham Watch Co. vs. M. I.
Akamatsu_______________

Pa8
14738
14738
14739
14739

C i v i l A e r o n a u t ic s B o a r d :

Assignment of oral arguments:
American Airlines, Inc., and American Export A ir lines, Lac________________ 14735
Colonial Airlines, Inc_________ 14735
C ustom s B u r e a u :

Documentation of vessels; house flag and funnel mark of Moore-McCormack Lines, In c _
14711
F ederal C o m m u n ic a t io n s C o m m is
s io n :

Hearings:
Courier Broadcasting Service, I n c _____________________
KVOM, m e ____________________
Marshall Broadcasting Co___
- Standard and high frequency broadcast stations;
an nouncement of sponsored programs!_______________

14735
14736

14736

14734

F ederal P o w e r C o m m is s io n :

Hearings, etc.:
Loup River Public Power D istrict_________________ 14737
Tennessee Gas and Transmis sion Co____________ .__ _ 14737
Licensed projects, form of in itial cost statement-______ 14709
G eo lo g ica l S u r v e y :

Kettle River, Wash.; classifica tion as power site._________ 14735
I nternal R evenue B ur eau:

Order 120
P art
CONTENTS

.

Income tax, taxable years after Dec. 31,1941; inventories of livestock raisers and other farm ers__________________ 14712
I nte r st a t e C o m m e r c e C o m m is s io n :

Monthly operating reports; se lected income and balancesheet items_______________ 14734
Continued on p. 14710

14709