Quiero saber acerca de...

Friday, December 18, 1959

FEDERAL REGISTER

under price and production conditions a General. The foregoing determi likely to prevail for the 1960 crop, to the nation establishes the fair and reason results o f investigations, and to other able price requirements which must be pertinent factors.
The Virgin Islands Corporation is the met, as one of the conditions for pay ment under the act, by a producer who largest grower of sugarcane and the only processor of sugarcane in the Virgin processes sugarcane of the 1960 crop Islands. In 1958 the Corporation lost grown by other producers.
in excess of $600,000 in its producing b Requirements of the act. Section and processing operations due largely to 301c 2 of the act provides as a condi a crop failure. I t is understood that the tion for payment, that the producer op Corporation made a profit of about the farm who is also directly or in $85,000 in its sugarcane producing directly a processor of sugarcane, as may operations in 1959 under favorable crop be determined by the Secretary shall conditions, but lost in excess of $200,000
have paid, or contracted to pay, under in the processing of sugarcane.
either purchase or toll agreements, for Based upon a study of the returns, sugarcane grown by other producers and costs, and profits of the producing and 0processed by him at rates not less than processing operations o f the Virgin those that may be determined by the Islands Corporation for the years 1954
Secretary to be fair and reasonable after through 1957, the price determination investigation and due notice and oppor for the 1958 crop provided for a reduc tunity for public hearing.
tion of approximately ten percent in the c 1960 price determination. This producers share of sugar recovered from determination continues the provisions his sugarcane. This sharing basis was of the 1959 determination, except that continued in the 1959 determination as the molasses payment to producers is to the minimum requirement for pricing be based on a price of 10 cents per gallon producers sugarcane. A field study of instead of the larger of 10 cents per the returns costs, and profits of inde gallon, or the actual gross sales price pendent sugarcane producers covering per gallon realized by the processor.
the three crops 1957-59 was conducted A public hearing was held in during 1959. This study confirms that Christiansted, St. Croix, Virgin Islands, the sugar sharing relationship provided on October 13, 1959, at which interested in the 1958 and 1959 determination is persons were afforded the opportunity to more closely related to the cost re testify with respect to fair and reason sponsibilities borne by producers and able prices for the 1960 crop. The processors than the sharing relationship representative o f the Virgin Islands which had previously prevailed.
Corporation stated that the Corporation Data obtained by field study for prior proposed to reduce the percentage share crops have been recast to reflect the of sugar, on which producers 1960 crop production and price conditions expected sugarcane settlements are to be based, to prevail for the 1960 crop. The 1960
below the level paid for 1959 crop sugar crop is not expected to be favorable be cane. He indicated that the Board of cause of drought conditions during the Directors of the Corporation was then growing season. However, the analysis studying the proposal and that its de indicates that it is equitable to continue cision was expected before the start of the sharing relationship provided by the grinding the 1960 crop. He also stated 1959 determination as the basis for de that the proposed percentage share to termining minimum sugarcane prices for be paid for the 1960 crop would be in the 1960 crop.
excess of the minimum share established The recommendation o f the Corpora by the 1959 determination. The witness tion that the molasses payment to pro recommended that molasses payments ducers be based on the actual price re to producers be based on the actual alized by the processor from the sale of gross sales price for molasses received molasses has not been adopted. Con by the Corporation.
tractual arrangements of the Corpora Representatives of producers recom tion require that most of its annual pro mended that theproducers percentage duction o f molasses be marketed to share of sugar not be reduced below the Island distillers at negotiated prices. In level of payments for prior crops. They this situation the 1958 and 1959 deter stated that independent growers make minations established as the pricing little profit at the higher sharing rate basis for computing the molasses pay and to reduce this rate by even three ment to producers the higher of 10 cents percentage points would increase the per gallon or the actual gross sales price growers losses; that the mill depended realized by the processor. The actual upon volume for a successful operation, sales price realized by the Virgin Islands and would lose volume i f the inde Corporation exceeded the minimum price pendent growers were forced out of of 10 cents per gallon in 1958 and 1959.
business; that growers deliveredcleaner In view of the fact that there is but cane than did the Corporation whose one producer and one or two local buyers cane is mechanically loaded; that the for molasses in the Virgin Islands, estab dirt and trash contained in this cane lishment of a local market price is quite reduces the mill recovery for which the grower should not be penalized; and difficult. Therefore, it is deemed equi that because of the lack of rainfall dur table to relate the price of molasses to ing the growing season prospects for recentaverage returns for molasses in a nearby producing area for purposes of the 1960 crop were unfavorable.
Consideration has been given to the the sugarcane price determination. The recommendations made at the hearing, minimum price level of, 10 cents per gal to the returns, costs, and profits of lon established by this determination producing and processing sugarcane reflects the average molasses proceeds S t a t e m e n t o f B a s e s a n d C o n s id e r a t io n s
10253
of processors in Puerto Rico during the most recent 5-year period fo r which data are available.
Accordingly, I hereby find and con clude that the foregoing price determi nation is fair and reasonable and will effectuate the price provisions of the Sugar Act of 1948, as amended. Sec.
403, 61 Stat. 932; 7 U.S.C. Sup. 1153.
Interprets or applies sec. 301, 61 Stat.
929, as amended, 7 U.S.C. Sup. .1131
Issued this 15th day of December 1959.
E. L. P eterso n,
Acting Secretary of Agriculture.
F.R. Doc. 59-10737; Filed, Dec. 17, 1959;
8:48 a.m.

Title 14 AERONAUTICS AND
SPACE
Chapter II Civil Aeronautics Board SUBCHAPTER B ECONOM IC REGULATIONS
Reg. No. ER-290

PART 2 2 5 TARIFFS OF CERTAIN
CERTIFICATED AIRLINES; T R A D E
AGREEMENTS
Miscellaneous Amendments Adopted by the Civil Aeronautics Board at its office in Washington, D.C., on the 15th day of December, 1959.
Part 225 of the Boards Economic Reg ulations, which expires on December 31, 1959, permits the local service carriers, the certificated carriers operating wholly within Hawaii, the certificated Alaskan carriers insofar as their intra-Alaska op erations are concerned and carriers holding certificates for the performance of all-expense tours or cruises, to ex change air transportation for advertising goods and services.
The Air Transport Association, on be half o f its local service carrier members and Hawaiian Airlines Ltd., has filed a petition requesting that Part 225 be ex tended for an additional period of one year and that certain other changes be made in the regulation. Specifically the petition seeks to amend Part 225 to 1
increase the aggregate limitation or the total value of trade agreements from $100,000 to $150,000; 2 permit trans portation of limited classes of air freight;
3 eliminate the requirement in 225.9
b that the identification card issued to an individual show that the individual is entitled to use the transportation only during a stated period; 4 permit the carriers to show only the dollar amount and published advertising rates in the notice of the agreement to th Board;
5 permit the issuance of family identi fication cards; and 6 authorize the issuance of an identification card to a single individual within any advertising organization who could then purchase tickets covering transportation for eligi ble employees against such card.
In support of the request for extension of Part 225, increasing the maximum limit to $150,000 per carrier, and expan sion of Part 225 to permit transporta tion of limited air freight, the petitioner submits that the trade agreement pro-