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FEDERAL
VOLUME 14

1934

N lT tO

NUMBER 206

Washington, Tuesday, October 25, 1949
TITLE 6 AGRICULTURAL CREDIT
Chapter IFarm Credit Administra tion, Department of Agriculture Subchapter F Banks for Cooperatives
PCA Order 507
P ari 70L oan I nterest R ates and S ecurity
tober 15, 1949, regardless of when the loans shall have been made by that bank.
Sec. 8, 46 Stat. 14, as amended; 12
U. S. C. 1141f seal e . C. J ohnson , Acting Governor.
O ctober 18, 1949.
P. R. Doc. 49-8519; Piled, Oct. 24, 1949;
8:48 a. m.

INTEREST RATE ON LOANS

Effective as of October 15,1949, 70.5
and 70.6 of Title 6 of the Code of Fed eral Regulations are hereby amended to read as follows:
70.5 Interest rate on continental loans and loans made in Puerto Rico upon the security of commodities. 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:
Rate
percent
Effective date
2H Sept. 1,1948

2H
2

Oct. 15,1949
Sept. 1,1948

District bank for cooperatives All district banksexcept Columbia.
Columbia.
Baltimoreloans in Puerto Rico.

70.6 Interest rate on continental loans and loans made in Puerto Rico upon the security of Commodity Credit Corporation loan documents. The rate of interest on the above loans made on and after the dates stated below, by the district banks for cooperatives, shall be as follows:
Rate percent
Effective date
District bank for cooperatives
2H

Sept. 1,1948

2H
2 H -.

Oct. 15,1949
Sept. 1,1948

All district banksexcept Columbia.
Columbia.
Baltimoreloans in Puerto Rico.

Provided, however, That the changes m interest rate affecting the Columbia Bank for Cooperatives shall be effective as to all unpaid balances of the foregoing types of loans specified in 70.5 and this section that shall be outstanding on Oc
Chapter IV Production and Market ing Administration and Commodity Credit Corporation, Department of Agriculture Subchapter C Loans, Purchases, and Other Operations
1949 C. C. C. Cottonseed Bulletin 1, Amdt. 1
P art 643 O ilseeds SUBPART 1 9 4 9 COTTONSEED LOAN PROGRAM

CONTENTS
Agriculture Department
Pa@e
See Commodity Credit Corpora tion; Farm Credit Administra?
tion.
Air Force Department
Rules and regulations:
California; withdrawing public lands for use of Department see Land Management, Bu reau qf.
Joint procurement regulations;
numbered contracts and list of offices of loss and salvage organizations see Army De partment.
Alien Property, Office of
Notices:
Vesting orders, etc.:
Baldwin, Philip Sidney_____
Bellwinkel, Ludwig________
DEustachio, Egidio, and Antoinetta DEustachio_____
Dieudonne, Hector, et al___ _
Herold, Carl Richard_______
Imhof, Michael_____ ______

The 1949 Cottonseed Loan Bulletin 1949 C. C. C. Cottonseed Bulletin 1 14
F. R. 5501 is hereby amended as follows:
Paragraph c of 643.168 is amended Army Department to read as follows: a Rules and regulations:
Joint procurement regulations;
643.168 Availability of loans.
numbered contracts and list c Source. Loans will be made avail of offices of loss and salvage able through the offices of county com organizations__1__________
mittees. Disbursements on loans will be made to producers through approved Civil Aeronautics Board lending agencies under agreements with Notices:
CCC, or by means of sight drafts drawn Inter-American Airways, Inc.;
on CCC by State committees or by county hearing -----------------------committees in accordance with instruc Commodity Credit Corporation tions issued by PMA to the State PMA
committees. Disbursements on loans will Rules and regulations:
Oilseeds; 1949 cottonseed loan be made not later than January 15,1950, program _________________
except where specifically approved by the appropriate PMA commodity office in Customs Bureau Rules and regulations:
each instance.
Appraisement___ _______ ___ _
The last sentence of 643.186 is Duties, liquidation__________
amended to read as follows:
Defense Department 643.186 Release of the cottonseed See Army Department.
under loan. Partial release of the cottonseed prior to maturity of the Farm Credit Administration loan may be arranged with the county Rules and regulations:
Banks for cooperatives; interest committee by paying to the holder of the rate on loans_____________
note the amount of the loan, plus charges and accrued interest, represented by the Federal Communications Com quantity of the cottonseed to be released :
mission Provided, however, No partial release Notices:
shall include less than the total quantity Hearings, etc.:
.
of cottonseed stored in any single comAdcock, Til don M., and StarContinued on next page Ion S_________________
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