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FEDERAL REGISTER, August 31, 1937

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terms call cotton and cotton on call shall mean spot cotton bought or sold, or contracted for purchase or sale, at a price to be fixed later based upon a specified future.

Published by the Division Archives, pursuant to the Register Act, approved July ulations prescribed by the approval of the President.

of the Federal Register, The National authority contained in the Federal 26, 1935 49 Stat. L. 500, under reg Administrative Committee, w ith the
The Administrative Committee consists of the Archivist or Act ing Archivist, an officer of the Department of Justice designated by the Attorney General, and the Public Printer or Acting Public Printer.
The daily issue o f the F ederal R egister w ill be furnished by mail to subscribers, free of postage, for $1 per m onth or $10 per year;
single copies 5 cents; payable in advance. Rem it by money order payable to Superintendent o f Documents, Government Printing Office, Washington, D. C.
Correspondence concerning the publication of the F ederal R eg ister should be addressed to the Director, Division of the Federal Register, The National Archives, Washington, D. C.

TABLE OF CONTENTS
Department of Agriculture;
Agricultural Adjustm ent Administration:
Notice of hearing, handling of milk, Greater Boston, Mass., Marketing Area_______________________________
Commodity Exchange Administration:
Rules and regulations supplemented_________________

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Department of Commerce:
Bureau of Air Commerce:
Special air traffic rule__________________________________

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Federal Power Commission:
Notice of resumption o f hearing, in the matter of:
Metropolitan Edison Co., et a l---------------------------------

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Federal Trade Commission:
Order appointing examiner, etc., in the matter of:
Lightmore Appliance Corp., and Solar-Ray Lamp Co., In c______________________________________

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Rural Electrification Administration:
Allocations of funds for loans____________________________

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Securities and Exchange Commission:
Order granting application to strike, etc.:
Ulen and Co., 6 % convertible sinking fu n d gold debentures, etc_______________________________________
Order granting application to withdraw, etc.:
St. Louis Cotton Compress Co., common stock, $10 par value________________________________________
Order pursuant to Rule 13-22:
General Management Corp ------------------------------------

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Treasury Department:
Bureau of Customs:
Fort Y ukon Airfield, Alaska, designated airport of e n try ___________________________

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In testimony whereof I have hereunto set my hand and caused the official seal of the Department of Agriculture to be affixed in the City of Washington this 30th day of August 1937.
H. A. W a l l a c e , Secretary of Agriculture.
R u l e s a n d R e g u l a t io n s ARTICLE m SPECIAL PROVISIONS APPLICABLE TO COTTON

Reporting Requirements Sec. 300. The terms cash cotton and spot cotton shall have the same meaning and shall refer to transactions in actual cotton as distinguished from cotton futures. The
S ec. 301. Each clearing member of each board of trade exchange designated as a contract market for cotton shall report to the Commodity Exchange Administration each busi ness day on form 300 applicable to such contract market.
Such report shall be prepared in accordance with the instruc tions appearing on form 300, to be obtained from the Com modity Exchange Administration, and shall show accurately and fully the information called for with respect to all con tracts of sale of cotton for future delivery to which such clearing member is a party either as buyer or seller, made on or subject to the rules of the contract market covered by the report. Persons who are clearing members of more than one contract market for cotton shall report separately with respect to each such market. Such report shall show separately for each future:
a the total of all open accounts long and the total of all open accounts short carried by such clearing mem ber, at the beginning and at the end of the period covered by the report, including his own accounts as well as the accounts of other persons;
b the net position of such clearing member in respect to all accounts and contracts open on his books at the end of the period covered by the report;
c the quantity of cotton bought and the quantity of cot ton sold on such contracts during the period covered by the report;
d the quantity of cotton delivered and the quantity of cotton received on such contracts during the period covered by the report; and e the quantity of cotton represented by delivery notices pfassed back to the clearing organization or passed on to other clearing members.
Sec. 302. Unless otherwise authorized in writing by the Commodity Exchange Administration upon good cause shown, reports required to be made on form 300 shall be filed in the office of the Commodity Exchange Adminis tration in the city where the contract market covered by the report is located, as soon as possible after the close of the market on each business day and not later than 30 minutes before the official opening of the market on the next following business day.
S ec . 303. Reports on form 300 shall be prepared with care, and if any error or omission is discovered in any report a memorandum thereof shall be furnished as soon as possible. Minor corrections may be shown in the next succeeding report.
Forms 301 and 302
Sec. 304. Each futures commission merchant and each member of a contract market, who shall carry for another person any account in any cotton future, resulting from any transaction made on or subject to the rules of a contract market, which shall show open contracts in any one future equal to or in excess of the amount specified in section 320 hereof, shall report such account daily to the Com modity Exchange Administration on form 301 applicable to such contract market. House accounts carried by a member of a contract market or by a futures commission merchant shall likewise be reported on form 301.
For the purpose of reporting on form 301, all accounts which belong to or are controlled by the same person shall be considered as one account. All accounts required to be reported on form 301 shall be known as special accounts and the report thereon shall -show the net position, as of the close of the market on the day covered by the report, of each such account in each future in which there are open contracts equal to or in excess of such specified amount.
Sec. 305. The report for the first day that a special ac count shows open contracts in any one future equal to or in