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FEDERAL
VOLUME 20

J W T tO

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REGSTER
NUMBER 114

Washington, Saturday, June 11, 1955

TITLE 6 AGRICULTURAL CREDIT
Chapter IV Commodity Stabilization Service and Commodity Credit Cor poration, Department of Agricul ture Subchapter B Loans, Purchases, and Other Operations
1953 C. C. C. Grain Price Support Bulletin 1, Supp. 4, Com
P art 421G rains and R elated C ommodities STTBPART 1 9 5 3 -C R O P CORN EXTENDED

RESEAL LOAN PROGRAM

An extended reseal loan program has been announced for 1953-crop corn. The 1953 C. C. C. Grain Price Support Bulle tin 1 18 P. R. 1960, 3705, and 19 E. R.
1149, issued by the Commodity Credit Corporation and containing the general requirements with respect to price sup port operations for grains and related commodities produced in 1953, supple mented by Supplements 1, 2, and 3, Corn <18 P. R. 5359, 6983, 19 P. R. 1595, 2712, 5591, 6809, and 20 F. R. 3584, contain ing the specific requirements for the 1953-crop corn price support program, is hereby further supplemented as follows:
Sec.
421.251 Applicable sections of 1953 C. C. C.
Grain Price Support Bulletin 1, and Supplements 1, 2, and 3, Com.
421.252 Availability.
421.253 Eligible corn.
421.254 Approved storage.
421.255 Approved forms.
421.256 Quantity eligible for extended reseal.
421.257 Service charges.
421.258 Transfer of producers equity.
421.259 Storage and track>loading pay ments.
421.260 Maturity and satisfaction.
421.261 Support rates.
421.262 CSS commodity offices.
Au t h o r it y : 421.251 to 421.262 issued under sec. 4, 62 Stat. 1070, as amended; 15
u. S. C. 714b. Interpret or apply sec. 5, 62
Stat. 1072, secs. 101, 401, 63 Stat. 1051; 15
U. S. C. 714c, 7 U. S. C. 1421, 1441.

421.251 Applicable sections of 1, C. C. C. Grain Price Support Bulletir and Supplements 1, 2, and 3, Com. 7
following sections of the 1953 C. C.
Grain Price Support Bulletin 1,
amended, and Supplements 1, 2, and 3, CONTENTS
Com, as amended, published in 18 P. R.
1960, 3705, 5359, 6983, 19 P. R. 1149,1595, Agricultural Marketing Service Pa&e 2712, 5591, 6809, and 20 P. R. 3584, shall Proposed rule making:
be applicable to the 1953 Corn Extended Milk handling in Milwaukee, Reseal Loan Program: 421.1 Adminis Wis_____________________ 4140
tration; 421.5 Approved lending agen Rules and regulations:
cies; 421.8 Liens; 421.10 Set-offs;
Lemons grown in California 421.70 Interest rate; 421.13 Safe and Arizona; limitation of guarding the commodity; 421.14 In
4115
shipments_______
surance on farm-storage loans; 421.15
Oranges, Valencia, grown in Loss or damage to the commodity;
Arizona and California; lim 421.16 Personal liability of the pro itation of handling_________ 4114
ducer; 421.17 Release of the commodity Pears, fresh Bartlett, plums, under loan; 421.19 Foreclosure; 421.20
and Elberta peaches grown in Purchase of notes; 421.55 Determina California; r e g u l a t i o n of tion of quantity; 421.56 Determination shipments________
4114
of quality; 421.64 Eligible producer.
Agriculture Department Other sections of 1953 C. C. C. Grain Price Support Bulletin 1, as amended, See Agricultural Marketing Serv ice; Commodity Credit Corpo and Supplements 1, 2, and 3, Com, as ration; Commodity Stabiliza amended, shall be applicable to the ex tion Service.
tent indicated in this subpart.
421.252 Availabilitya Area and Army Department scope. The extended reseal program will See Engineers Corps.
be available in all counties where 1953- Civil Aeronautics Board crop corn is under reseal loan except in Rules and regulations :
designated angoumois moth areas: Pro Application of transport cate vided, however, T hat the program will gory performance require be available only where ASC State com ments to C-46 type airplanes. 4116
mittees determine th at there may be a Statements of general policy_4117
shortage of storage space and that the com can be safely stored on the farm for Commerce Department the period of the extended reseal loan. See Federal Maritime Board.
This program provides, under certain Commodity Credit Corporation circumstances, for the extension of 1953- Rules and regulations:
crop com farm-storage reseal loans.
Corn:
Neither warehouse-storage loans nor Extended reseal loan pro purchase agreements will be available to gram, 1953 crop___ _____ 4101
producers under this program.
Loan and purchase agree b Time and source. The producer ment program, 1955 crop_4104
who has a reseal loan and who desires to extend such loan must make applica Commodity Stabilization Service tion to the county committee which ap Proposed rule making :
Peanuts; 1956 national market proved his reseal loan before the final ing quota and apportionment date for delivery specified in the delivery of national acreage allotment instructions issued to him by the county and development of regula committee.
tions for establishing farm 421.253 Eligible coma Require allotm ents_______________ 4142
ments of eligibility. The com 1 must Tobacco, flue-cured; marketing be in farm storage presently under a re quota for 1956-57 marketing seal loan; 2 must meet the require y e a r_______
4142
ments set forth in 421.53 a, b, c Rules and regulations:
and e of 1953 C. C. C. Grain Price Sup Sugar beets; fair and reason port Bulletin 1, Supplement 1, Com; and able prices for 1955 crop____ 4113
3 must grade No. 3 or better, or No. 4
Tobacco, burley and flue-cured;
on the factor of test weight only, but marketing quota regulations, Continued on p. 4103
1955-56 marketing year____ 4106
4101