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Saturday, May 21, 1949

FEDERAL REGISTER

o f th e U n ited S ta tes, an d th e ir cargoes, sh a ll be co n tin u ed , an d n o longer .
;

AND WHEREAS satisfactory proof was received by me from the Government of Israel oh April 18, 1949, that no dis criminating duties of tonnage or imposts are imposed or levied in the ports of Israel upon vessels wholly belonging to citizens of the United States, or upon the produce, manufactures, or merchandise imported in such vessels, from the United States, or from any foreign country:
NOW, THEREFORE, I, Harry S.
Truman, President of the United States of America, by virtue of the authority vested in me by the above-quoted statu
tory provisions, do hereby declare and proclaim that the foreign discriminating duties of tonnage and imposts within the United States are suspended and discon tinued so far as respects the vessels of Israel and the produce, manufactures, or merchandise imported in said vessels into the United States from Israel or from any other foreign country; the suspen sion to take effect from April 18, 1949, and to continue so long as the reciprocal exemption of vessels belonging to citizens of the United States and their cargoes shall be continued, and no longer.
IN TESTIMONY WHEREOF, I have hereunto set my hand and caused the
2683
seal of the United States of America to be affixed.
DONE at the City of Washington this 19th day of May, in the year of our Lord nineteen hundred and se a l forty-nine and of the Inde pendence of the United States of America the one hundred and seventythird.
H arry S . T r u m a n
By the President:
D e an A c h e s o n ,
Secretary of State.
F. R. Doc. 49-4116; F iled , May 20, 1949;
11:05 a. m .j
RULES AND REGULATIONS
TITLE 6 AGRICULTURAL CREDIT

TITLE 7 AGRICULTURE

Chapter I-Farm Credit Administra tion, Department of Agriculture
Chapter IX Production and Mar keting Administration Marketing Agreements and Orders, Depart ment of Agriculture
Subchapter B Federal Farm Loan System

P art
10F ederal
L and B a n k s G e n e r a l ly
SECURITY STANDARDS

Section 10.2 of Title 6 of the Code of Federal Regulations is hereby amended to read as follows:
10.2 Security standards. To be ac ceptable security for a loan, a property must meet each of the following mini mum standards:
a It must be capable of producing, under typical operation, normal agricul tural earnings in an amount at least sufficient to pay farm operating expenses, including taxes and other fixed charges, maintain the property, and show a reasonable balance of net earnings.
b It must be sufficiently desirable to be readily salable or rentable under normal agricultural conditions.
c It must be sufficiently durable to maintain satisfactory production during the loan term specified.
d It must have sufficient stability of value to assure that, on a loan that would be proper to a typical owner of the prop erty, the bank could recover its invest ment if unforeseen difficulties should result in acquirement of the property.
To meet the foregoing requirements, acceptable security in all eases neces sarily will be a farm property with suffi cient normal cash earnings from farming operations to be a principal factor in its normal agricultural value. When it is necessary to rely on income other than farm earnings for any part of the family living expenses and loan installments, such supplemental income must be avail able to the applicant and to a typical owner from dependable sources. 9
Sec. 6, 47 Stat. 14; 12 U. S. C. 665, E. O.
6084, Mar. 27, 1933. Applies sec. 12
Fifth, 39 Stat. 371, as amended; 12
U. S. C. 771 Fifth Ise a l !
J. R. I s l e ib , Land Bank Commissioner.
F. R. Doc. 49-4034; F iled , May 20, 1949;
8:48 a. m .

O range Reg. 166
P art 933O ranges , G r a pe fr u it , and T a n g e rin e s G r o w n i n F lorida LIMITATION OF SHIPMENTS

ii Any oranges, except Temple oranges, grown in Regulation Area II
which grade U. S. No. 2 Russet, U. 6. No.
3, or lower than U. S. No. 3 grade;
iii Any oranges, except Temple oranges, grown in Regulation Area II
which grade U. S. No. 2 or U. S. No. 2
Bright unless such oranges a are in the same container with oranges which grade at least U. S. No. 1 Russet and b are not in excess of 50 percent, by count, of the number of all oranges in such container; or iv Any oranges, except Temple oranges, grown in Regulation Area I ot Regulation Area H which are of a size larger than a size that will pack 126
oranges, packed in accordance with the requirements of a standard pack, in a standard nailed box.
2 As used in this section, the terms handler, ship, Regulation Area I, and Regulation Area H shall each have the same meaning as when used in said amended marketing agreement and or-r der; and the terms "U. S. No. 1 Russet, U. S. No. 2 Bright," U. S. No. 2, "U. S.
No. 2 Russet, U. S. No. 3, standard pack, container, and standard nailed box shall each have the same meaning it as when used in the United States Stand ards for Oranges 13 F. R. 5174, 5306.
Shipments of Temple oranges grown in the State of Florida are subject to the provisions of Orange Regulation 159 14
F. R. 501, 637. 48 Stat. 31, as amended; 7 U. S. C. 601 et seq.; 7 CFR
933
Done at Washington, D. C., this 19th day of May 1949.

8 933.438 Orange Regulation 166a Findings. 1 Pursuant to the market ing agreement, as amended, and Order No. 33, as amended 7 CFR and Supps.
Part 933, regulating the handling of oranges, grapefruit, and tangerines grown in the State of Florida, effective under the applicable provisions of the Agricultural Marketing Agreement Act of 1937, as amended, and upon the basis of the recommendations of the commit tees established under the aforesaid amended marketing agreement and or der, and upon other available informa tion, it is hereby found that the limitation of shipments of oranges, as hereinafter provided, will tend to ef fectuate the declared policy of the act.
2 It is hereby further found that is impracticable and contrary to the pub lic interest to give preliminary notice, engagé in public rule making procedure, and postpone the effective date of this regulation until 30 days after publica tion thereof in the F ederal R egister 60 Stat. 237; 5 U. S. C. 1001 et seq.
because the time intervening between the date when information upon which this regulation is based became available se a l
S . R . S m it h , and the time when this regulation must Director, Fruit and Vegetable become effective in order to effectuate Branch, Production and Mar the declared policy of the Agricultural keting Administration.
Marketing Agreement Act of 1937, as amended, is insufficient and a reasonable F. R. Doc. 49-4106; F iled , May 20, 1949;
9:44 a. m .
time is permitted, under the circum stances, for such effective date.
b Order. 1 During the period be ginning at 12:01 a. m e. s. t., May 23, G rapefruit Reg. 113
1949, and ending at 12:01 a. m., June 6, 1949, no handler shall ship:
P art 933O ranges , G r a pe fr u it , and i Any oranges, except Temple T a n g e r in e s G r o w n i n F lorida oranges, grown in Regulation Area I
l im it a t io n o f s h ip m e n t s Which grade U. S. No. 2 Bright, U. S.
No. 2, U. S. No. 2 Russet, U. S. No. 3, 933.439 Grapefruit Regulation 113
or lower than U. S. No. 3 grade;
a Findings. 1 Pursuant to the mar-