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F E D E R A L R E G IS T E R ,
of such stock, together with other treas ury funds, to the redemption of its 606,359 outstanding shares of Serial Pre ferred Stock, 6% Series, of the par value of $50 per share, at the redemption price of $55 per share, or an aggregate price of $33,349,745, plus accrued dividends, c the proposed modification of its Loan Agreement, dated August 3, 1943, with The Chase National Bank of the City of New York and certain other banks, and d the purchase upon the New York Stock Exchange, and the San Francisco, Los Angeles and Philadelphia Stock Ex changes of such number of shares of the common stock of Pacific Gas and Elec tric Company as North American may deem appropriate, in order to stabilize the price of such shares on the day fixed by it for the opening of proposals; and having requested that the 10-day mini mum period for reception of competitive bids prescribed by Rule U-50 be reduced to a minimum of six days; and Public hearings having been held after appropriate notice, the Commission hav ing considered the record in this matter to date, and having made and filed its findings and opinion herein:
I t is ordered, That the declaration, as amended, be and the same is hereby per mitted to become effective, subject to the conditions prescribed by Rule U-24
and to the further condition that the proposed sale of the common stock of Pacific Gas and Electric Company shall not be consummated until the results of competitive bidding, pursuant to Rule U-50, have been made a matter of record in this proceeding and a further order shall have been entered by the Com mission in the light thereof, jurisdiction being reserved for this purpose;
It is further ordered, That the applica tion, as amended, regarding the acquisi tion by The North American Company of shares of common stock of Pacific Gas and Electric Company on the New York Stock Exchange, and the San Francisco, Los Angeles and Philadelphia Stock Ex changes, for the purpose of stabilizing the market price of such stock from 10
a. m. on the day on which bids are opened to the time of the opening of bids later in that day be and the same is hereby granted, subject to the condition that The North American Company shall make available to all prospective bidders, at any time prior to the submission of bids, full details with respect to any stabilizing operations it may have con ducted including the time of purchases
Friday, May 18, 1945

and the number of shares acquired, and subject to the further condition that any common stock of Pacific Gas and Elec tric Company so acquired by The North American Company shall be subject to the provisions of our divestment order of April 14, 1942 in the same manner as the common shares of Pacific Gas and Electric Company now held by The North American Company;
I t is further ordered, That jurisdiction be and the same is hereby reserved over all legal fees to be incurred in connection with the proposed transactions; and I t is further ordered, That the ten-day minimum period for reception of bids with respect to the Securities proposed to be sold, prescribed by Rule U-50, be and same is hereby reduced to a minimum of six days.
By the Commission.
Es e a l

O rval L . D u B o is ,

Secretary.
F. R. Doc. 45-8243; Filed, May 16, 1945;

2:23 p. m.

WAR FOOD ADMINISTRATION.
Farm Security Administration.
D ecatur C o u n t y , I n d .
DESIGNATION OF LOCALITIES FOR LOANS

In accordance with the ju les and reg ulations promulgated by the Secretary of Agriculture on July 1, 1941, as ex tended by the War Food Administrators delegation of authority issued August 2, 1944, loans made in the county men tioned herein, under Title I of the Bankhead-Jones Farm Tenant Act, may be made within the localities herein -de scribed and designated. The value of the average farm unit of thirty acres and more in, each of these localities has been determined in accordance with the pro visions of the said rules and regulations.
A description of the localities and the determination of value for each follow:
R egion I I I
IN D IANA

Decatur County Locality I: Consisting of the town ships of Adams, Clay, Clinton, Fugit, Jackson, and Washington__$12,-100
Locality II : Consisting of the town ships of Marlon, Salt Creek, and Sand Creek________________________
5,129

The purchase price limit previously established for the county above-men tioned is hereby cancelled.
Approved: May 15, 1945.
F rank H ancock,
Administrator.
F. R. Doc. 45-8251; Filed, May 16, 1945;
3:40 p. m.j
O range C o u n t y , I n d .
DESIGNATION OF LOCALITIES FOR LOANS

In accordance with the rules and reg ulations promulgated by the Secretary of Agriculture on July 1, 1941, as extended by the War Food Administrators delega tion of authority issued August 2, 1944, loans made in the county mentioned herein, under Title I of the BankheadJones Farm Tenant Act, may be made within the localities herein described and designated. The value of the average farm unit of thirty acres and more in each of these localities has been deter mined in accordance with the provisions of the said rules and regulations. A de scription of the localities and the deter mination of value for each follow :
R egion I I I
I n d ia n a Orange County Locality I: Consisting of French Lick Township_____ ______________________ $2, 260
Locality I I : Consisting of Greenfield
Township__________ ____ _____ i _____ 1,427
Locality II I : Consisting of Jackson Township____________________________ 1, 888
Locality IV : Consisting of Northeast Township____________________________ 3, 518
Locality V : Consisting of Northwest Township____________ _______________
1, 592
Locality V I : Consisting of Orangeville Township_______________
3,087
Locality V II: Consisting of Orleans . Township__________________ ._____ ___
6,592
Locality V III: Consisting of Paoli Township____________________________ 4,118
Locality IX : Consisting of Southeast Township..____________________ ._____
1,597
Locality X : Consisting of Stampers Creek Township_____________________ 3, 534

The purchase price limit previously es tablished. for the county above-men tioned is, hereby cancelled.
Approved: May 15, 1945.
F rank H ancock,
Administrator.
F. R. Doc. 45-8250; Filed, May 16, 1945;
3:40 p. m.