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Thursday, December 17, 1959

FEDERAL REGISTER

CODIFICATION GUIDE Con.
46 CFR

page
309______________________________ 10204

47 CFR
1____ _______ ______ __________ _ 10206
elude storage and other applicable charges paid or payable by CCC with respect to the loan collateral relating to the recourse advance. I n the event any person does not repay the recourse advance when due, CCC shall have the right to sell the collateral securing the recourse advance. Further, if it is de termined by CCC the commodity can no longer be held because of danger of loss, damage, or deterioration, or other reasons and the commodity is not re deemed, CCC may dispose of the com modity prior to the date when the re course advance is to be repaid in such manner as it deems best to protect the interests of CCC and the person. Upon sale of the collateral, the net proceeds will be credited to such persons recourse indebtedness. Any amount by which the net proceeds exceeds the recourse indebtedness for any person shall be paid to such person. Any unliquidated balance due CCC shall be collected by appropriate means.
5. The limitations on nonrecourse price support apply to the 1969 crop of the commodity.
6. Provisions implementing this notice, including provisions which will preclude arrangements entered into by producers in the production of cotton on farms in 1960 from having the effect of circum venting these provisions of law, will be included in regulations to be issued by the Department of Agriculture at a later date.
Secs. 1-8 issued under Pub. Law 86-80

Sec. 4, 62 Stat. 1070, as amended; 15 U.S.C.
714b. Interprets or applies sec. 5, 62 Stat.
1072, secs. 702-709, 68 Stat. 910-912, secs.
401-403, 72 Stat. 994-995; 15 U.S.C. 714c, 7 U.S.C. 1781-1787, 1446

Issued this 14th day of December 1959.
W alter C. B erger , E xecutive Vice President, Com
m odity Credit C orporation, an d A dm inistrator, Com m odity S ta
bilisation Service.

PART 468 MOHAIR
Subpart Payment Program for Mohair 48.161

Payment program for mohair.

a A nnouncem ent o f program . The Commodity Stabilization Service and Commodity Credit Corporation hereby announce a payment program for mohair pursuant to the National Wool Act of 1954, as amended. The program will be carried out under the general supervision and direction of the Executive Vice President of Commodity Credit Corpora tion through the Commodity Stabiliza tion Service.
b L evel o f price support fo r 1960
m arketin g year. The price of mohair sold in the 1960 marketing year April 1, 1960, through March 31, 1961 will be supported at a level which will yield a national average return to producers of
1787,1446

Issued this 14th day of December 1959.
W alter C. B erger,
E xecutive Vice P resident, Com
m odity C redit C orporation, an d A dm inistrator, C om m od ity Stabilization Service.
F.R. Doc. 59-10706; Filed, Dec. 16, 1959;
8:50 ajn .

F.R. Doc. 59-10705; Filed, Dec. 16, 1959;
8:49 a.m.

Title 14 AERONAUTICS AND
SPACE

Arndt. 1

Chapter I Federal Aviation Agency
W alter C. B erger ,
F.R. Doc. 59-10704; Piled, Dec. 16, 1959;
8:49 a.m.

10191

70 cents per pound for all mohair sold son who furnishes evidence to such an in th at marketing year. The price of applicant for the purpose of enabling mohair will be supported by payments to him to receive a payment under this producers if the national average return program, shall maintain books, records, to producers for all mohair sold in the and accounts showing the marketing of 1960 marketing year is less than the wool or lambs, as the case may be, on support level of 70 cents per pound. which an application for payment may be based, and shall maintain those Mohair prices are now above th at level.
c Provisions o f regulations. If m arbooks, records, and accounts for three ket conditions become such th at it ap years following the end of the specified pears that payments to producers will marketing year during which the m ar be necessary, regulations containing the keting took place. The applicant shall detailed program requirements will be also maintain books, records, and ac issued. Such regulations will be gen counts shoeing his purchases of lambs on erally similar to the regulations dealing or after April 1,1956. He shall maintain with shorn wool payments which are in them for three years following the end cluded in the Payment Program for of the specified marketing year during Shorn Wool and Unshorn Lambs Pulled which any part of the wool shorn from Wool, issued by Commodity Credit such lambs has been marketed or during Corporation and the Commodity Stabil which any such lambs have been m ar ization Service on January 27, 1959 24 keted, as the case may be. If the appli F.R. 649, except th at there will be no cant is required to report on a first in, deductions from payments under the first out basis pursuant to 472.1010b mohair program based on any purchases or 472.1026b, he shall maintain such of goats. Applicants for payments under books, records, and accounts of pur the mohair program will submit sales chased lambs for three years following documents meeting the requirements as the end of the specified marketing year to sales documents for shorn wool in the for which the purchased lambs are to previously mentioned wool payment be reported in accordance with those program 472.1007 and 472.1008 of this sections.
chapter, and producers of mohair are Sec. 4, 62 Stat. 1070, as amended; 15 U.S.C.
cautioned to obtain and keep such docu 714b. Interpret or apply sec. 5, 62 Stat. 1072, ments for use under the mohair program secs. 702-709, 68 Stat. 910-912, secs. 401-403, 72 Stat. 994-995; 15 U.S.C. 714c, 7 U.S.C. 1781if mohair payments should be made.

Issued this 11th day of December 1959.
E xecutive Vice P resident, Com m odity Credit C orporation.

>

PART 472 WOOL

Reg. Docket No. 38; Arndt. 45-4

Subpart Payment Program for Shorn Wool and Unshorn Lambs Pulled Wool
PART 45 COMMERCIAL OPERATOR
CERTIFICATION AND OPERATION
RULES

I ncentive L evel
for
Y ear
1960 M arketing
Postponement of Effective Date of Amendment
The regulations issued by Commodity Part 45 of the Civil Air Regulations Credit Corporation and the Commodity presently contains provisions which are Stabilization Service containing the re applicable to commercial operators who quirements with respect to the payment conduct operations in small aircraft.
program for shorn wool and unshorn Civil Air Regulations Amendment 45-2
lambs pulled wool, 24 F.R. 649, are 24 F.R. 90, adopted by the Civil Aero amended as follows:
nautics Board concurrently with Part 47, l r At the end of 472.1002, insert the made these operators subject to the ap following new paragraph c :
plicable provisions of a new P art 47
c 1960 m arketin g year. For the which was to have become effective on 1960 marketing year, the price support July 1, 1959; later changed to December level was announced on October 15, 1959, 31,1959, by Civil Air Regulations Amend as 62 cents per pound of shorn wool, ment 47-1. Additionally, it was neces sary to change the effective date of Civil grease basis.
Air Regulations Amendment 45-2 to De 2.
Delete the first sentence of 472.-cember 31, 1959.
1058 and substitute therefor the follow A general revision of new Part 47 is ing new sentences: The applicant for a being processed but it will not be com payment under this subpart as well as pleted in time to be made effective by his marketing agency and any other perDecember 31, 1959; therefore, the effec-