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O N A L

FEDERAL

RESISTE
t o N U M B ER 12

VOLUME 17

Washington, Thursday, January 17, 1952
TITLE 6 AGRICULTURAL CREDIT
Chapter IV Production and Market ing Administration and Commodity Credit Corporation, Department of Agriculture Subchapter C Loans, Purchases, and Other Operations 1951 CCO Tung N u t Bulletin, 821 T ung Nuts 1951 - l

P art 643 O ilseeds SUBPART 1951 CROP TUNG NUT PRICE
SUPPORT PROGRAM

This bulletin states the requirements with respect to the 1951 Crop Tung Nut Price Support Program formulated by Commodity Credit Corporation herein after referred to as CCC and the Pro duction and Marketing Administration hereinafter referred to as PMA .
Sec.
643.625
643.626
643.627
643.628
643.629
643.630
643.631
643.632
643.633
643.634
643.635
643.636
643.637
643.638
643.639
643.640
643.641
643.642
643.643
643.644
643.645
643.646

Administration.
Availability.
Approved lending agencies.
Eligible producer.
Eligible tung nuts and tung oil.
Approved storage facilities.
Approved forms.
Determination of quantity.
Determination of quality under pur chase agreement.
Liens.
Service charges.
Set-offs.
Transfer of producers rights or equity.
Delivery and payment under pur chase agreement.
Maturity of loans.
Interest rate.
Release of tung oil under loan.
Liquidation of the loan.
Purchase of notes.
Storage and handling charges.
Support prices.
PM A commodity offices.

Authority ; 643.625 to 643.646 issued under sec. 4, 62 Stat. 1070, as amended; 15
y S. C. Sup. 714b. Interpret or apply secs.
62 Stat. 1070, 1072, as amended, secs.
201, 401, 63 Stat. 1051, 1054; 15 U. S. O. Sup.
"14b, 714c, 7 U. S. C. Sup., 1446, 1421.

643.625 Administration. The pro gram will be administered by the appro
priate branches and commodity offices of PMA, under the general direction and supervision of the President, CCC. In the field, the program will be carried out through State and county PMA commit tees hereinafter referred to as State and county committees and PMA com modity offices. Forms will be distributed through the offices of State and county committees. County committees will examine and approve purchase agree ment and loan documents and determine the eligibility of producers and of tung nuts and tung oil under the program.
The county committee may designate in writing one or more employees of the county office to perform such functions on behalf of the committee.
643.626 Availability a Methods of price support. Price support will be available to tung nut producers by means of purchase agreements on tung nuts and tung oil and non-recourse loans on tung oil stored in approved storage facilities.
b Area. The program will be avail able in the States of Alabama, Georgia, Florida, Louisiana, Mississippi, and Texas.
c When to apply. Purchase agree ments covering tung nuts will be ac cepted by the county committee through January 31,1952. Purchase agreements and loan documents covering tung oil will be accepted by the county committee through June 30, 1952.
d Where to apply. Application for price support should be made through the office of the county committee which keeps the farm program records for the farm.
e Disbursement of loans. Disburse ment of loans will be made to producers by PMA State offices by means of sight drafts drawn on CCC, or by approved lending agencies under agreement with CCC. Disbursement will not be made by lending agencies later than 15 days after the approval of a loan, unless a longer period is approved by the Presi dent, CCC.
643.627 Approved lending agencies.
An approved lending agency shall be Continued on p . 495

CONTENTS
Agriculture Department
Pase
See Commodity Credit Corpora tion; Production and Marketing Administration.

Alien Property, Office of Notices;
Specht, Mrs. Louise, et al. ; vest ing order____________________

538

Army Department See Engineers Corps.

Civil Aeronautics Administra tion Notices:
Organization and functions; re location of Airport District Office----------------------------Rules and regulations:
Standard instrument approach procedures; alterations______

534
509

Commerce Department See Civil Aeronautics Administra tion; Maritime Administration.

Commodity Credit Corporation Rules and regulations:
Oilseeds; 1951 crop tung nut price support program______

493

Customs Bureau Notices :
Tariff-rate quota for calendar year 1952:
Fish, certain______________
Petroleum, imported crude, and certain p e t r o l e u m products__________________

529
529

Defense Transport Administra tion Rules and regulations:
Preference and priority in port terminal storage and handling of bulk grain for export DTA
2 -----------------------------------------------------

508

Economic Stabilization Agency See Price Stabilization, Office of;
Rent Stabilization, Office of.

Engineers Corps Rules and regulations:
Navigation regulations; Atlantic Ocean off Sandy Hook, N. J
493

608