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VJVONAL/Iys
VOLUME 14

1934
Wa
n ted

NUMBER 37

Washington, Friday, February 25, 1949

TITLE 6 AGRICULTURAL CREDIT

Subchapter F Banks for Cooperatives
CONTENTS

FCA Order 496

Chapter I Farm Credit Administra tion, Department of Agriculture
P art
70 L oan I n t erest R ates
and
S ec u r it y
Subchapter B Federal Farm Loan System
INTEREST RATES ON LOANS

FCA Order 495

Sections 70.5 and 70.6 of Title 6 of the Code of Federal Regulations are hereby amended to read as follows:
70.5 In terest rate on continental loans and loans m ade in Puerto Rico upon th e security o f com m odities. Ex cept as may be specified in 70.6, the per annum rate of interest on all loans made upon the security of commodities on and after the dates specified below by the district banks for cooperatives for the purposes specified in section 7
a 1 of the Agricultural Marketing Act, as amended sec. 7, 46 Stat. 14; 12
U. S. C. 1141e, shall be as follows:

P art
10 F ederal L and B anks G e n er a l ly
INTEREST RATES ON LOANS MADE THROUGH
AN ASSOCIATION OR BY A BRANCH BANK

Section 10.4 of Title 6 of the Code of Federal Regulations is hereby amended to read as follows:
10.4 In terest rates on loans m ade through an association or by a bran ch bank. Approval is hereby given to an in terest rate of 4 per centum per annum on loans by banks through associations gen erally, and to an interest rate of 4% per centum per annum on:
a Loans by the Federal Land Bank of Columbia applied for through associa tions on and after August 1, 1948;
b Loans by the Federal Land Bank of Springfield applied for through asso ciations on and after January 1, 1949;
and c Loans made by a branch bank pursuant to section 672, Title 12, United States Code;
notwithstanding that the interest rate on the Federal farm loan bonds of the last series issued prior to the making of any such loans may be less than 3 per centum per annum but for higher in terest rates approved for loans on spe cial classes of property in the continen tal United States, see 10.5, 22
Sec. 6, 47 Stat. 14, Secs. 4, 12 Second, 17 b, 39 Stat. 362, 370, 375, as amended;
12 U. S. C. 665, 672, 771 Second, 831
b sea l

I. W. D uggan, Governor, F arm Credit Administration.

F ebruary
17, 1949.

F. R. Doc. 49-1432; Filed, Feb. 24, 1949;
8 :51 a. m .

Effective date
Rate District Bank for Cooperatives per cent
Sept. 1,1948 All district banksexcept Co lumbia.
Mar. 1,1949
Sept. 1,1948 BaltimoreloansinPuertoRico.

2M
2H
2k
90
70.6 Interest rate on continental loans and loans m ade in Puerto Rico up on the security o f Commodity Credit Cor poration loan documents. The rate of interest on the above loans made on and after the dates stated below, by the dis trict banks for cooperatives, shall be as follows:

Effective date
Rate District Bank for Cooperatives per cent
Sept. 1,1948 All district banksexcept Columbia.
Mar. 1,1949 Columbia
Sept. 1,1948 BaltimoreloansinPuertoRico.

2M
2n 2A

901
Sec. 8, 46 Stat. 14, as amended; 12
U. S. C. 1141f se a l
I. W. D uggan, Governor.
F ebruary 18, 1949.
F. R. Doc. 49-1451; Filed, Feb. 24, 1949;
8 :56 a. m .

Agriculture Department S ee also Farm Credit Administra tion.
Proposed rule making:
Milk handling in Fall River, Mass., area-----------------------Prunes, dried, in California___
Rules and regulations:
Celery stalks, U. S. consumer standards_________

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Alien Property, Office of Notices :
Vesting orders, etc.:
Kaesen, Fredericka C_____ Ludwig, Frieda____________

Pa&e
859
862
852

878
878

Commerce Department Se International Trade, Office of.
Economic Cooperation Admin istration Rules and regulations:
Procedures for furnishing as sistance for participating countries; documentary pay ments______________________
Farm Credit Administration Rules and regulations:
Federal land banks generally;
interest rates on loans made through association or by branch bank______________
Loan interest rates and secu rity; interest rate on loans__
Federal Power Commission Notices:
Hearings, etc.:
Arkansas-Missouri Power Co.
et al_____________ :_____
City of Ketchikan, Alaska Waynesboro Gas Co________
Wisconsin P u b lic Service Corp________
Federal Trade Commission Notices :
Peat industry; hearing_______
Housing Expediter, Office of Rules and regulations:
Rent, controlled:
Housing____________________
Rooms in rooming houses and other establishments_____
851

855

851
851

871
871
872871

872

856
857