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FEDERAL REGISTER, Thursday, August 10, 1939

3566

FEDERAI IKEGISTER
Published by the Division of the Federal Register, The National Archives, pursuant to the authority contained in the Federal Register Act, approved July 26, 1935 49
Stat. L. 500, under regulations prescribed by the Administrative Committee, w ith the approval of the President.
The Administrative Committee consists of the Archivist or Acting Archivist, an officer of the Department of Justice designated by the Attorney General, and the Public Printer or Acting Public Printer: <
- , The daily issue of the F ederal R egister will be furnished by m ail to subscribers, free of postage, fo r $1 per month or $10 per year;
single copies 10 cents each; payable in ad vance. Remit by money order payable to Superintendent o f Documents, Government Printing Office, Washington, D. C. Correspondence concerning the publica tion of the F ederal R egister should be ad dressed to the Director, Division of the Federal Register, The National Archives, Washington, D. C.

CONTENTS Continued NOTICES
Department of Agriculture;
Agricultural Adjustment Ad ministration:
PaSe lickin g County, Ohio, 1939
agricultural conservation p r o g r a m , Supplement No. 1 __________________ - 3569
Division of Marketing and Mar keting Agreements:
Grapefruit and oranges grown in certain counties of Texas, hearing on mark e t i n g agreement and order regulating handling o f _______________________ 3570
Federal Communications Com mission:
Diamond State Telephone Co., hearing___________________
3570
Securities and Exchange Commis sion:
Aluminum Co. of America, et al., exemption applications----- 3573
Iowa Public Service Co., effec tiveness of declaration----- 3570
Registration suspended:
Green, George Wallace Cas cade Securities C o ._____ 3571
Hansen, Edward G __________ 3571
Phillips, Charles C__.________ 3572
Stern, H. H _____ _____________ 3572
Webster, Edward L. West States Investment C o ._ 3572
Western States Utilities Co., hearing_________________ 3573
1939, and interest thereafter at the rate of 1 percent per annum to the date of purchase.
Provision has also been made whereby banks or lending agencies may transfer their investment in notes, carried under
the provision of the Supplemental Con tract to Purchase, as provided in the Letter of Authorization 1938-39 C.C.C.
Cotton Form K , copies of which will also be furnished upon request by the Loan Agencies.
Prior to execution of the Supplemental Contract to Purchase lending agencies can continue to transfer notes by use of the Notice of Assignment as provided in 1938-39 Cotton Circular Letter No. 7, but the assignee named in such notice of assignment must execute the Supple mental Contract to Purchase in order to continue their investment after July 30, 1939.
Schedules listing notes covered by the Letter of Authorization must identify the notes by date, name of producer, face amount of the note and number of bales pledged and each page of such schedule must be identified by signature of the lending agency.
The extension of the time for purchase of notes from lending agencies does not affect the provisions of the Contract to Purchase 1938-39 C.C.C. Cotton Form D requiring tender of notes prior to July 1, 1939. The notes must be ten dered prior to July 1, 1939, and will be held by the Federal Reserve Banks, Cus todian for the Reconstruction Finance Corporation for the account of lending agencies completing the Supplemental Contract to Purchase.
seal G. E. R a t h e l l , Treasurer.
Adopted June 15, 1939.
F. R. Doc. 39-2915; Filed, August 9, 1939;
9:18 a. m.j
1938 Com Circular Letter No. 4, 1938-39
Corn Circular Letter No. 3 Supplemental Instructions

205.13a a n d 206.19 f o r P arts 205, 1938 C o r n L o a n s , a n d 206, 1938-39

A d o p t in g
C o r n L o a n s , R e s p e c t iv e l y
1. Under the 1938 and 1938-39 corn loan programs, the corn producers notes mature August 1, 1939. No deliveries of corn will be accepted by Commodity Credit Corporation in liquidation of notes prior to September 1, 1939, except in those instances where the notes are called under the terms of the mortgages.
2. Arrangements have been made for the resealing of corn collateral and the extension or renewal of the notes in those instances where the com collateral and storage structures are found to be in good condition, except for ear com produced in 1937. However, ear corn produced in 1937 may be shelled and re sealed in farm storage. Producers may also shell and deliver corn Of any crop year 1937 or 1938 to warehouses ap proved by Commodity Credit Corpora tion and obtain a renewal of the loans thereof. To be eligible for a loan exten sion or renewal, the corn collateral must grade No. 3 or better and contain not more than 13y%% moisture when stored as shelled corn and 15% moisture
when stored as ear com. The extension and renewal program applies only to com now under loan.
3. Each producer interested in obtain ing an extension or renewal of his loan should communicate with the County Agricultural Conservation Committee for an inspection of the com collateral and storage structures. Any extension requests for corn stored in the state of Illinois must be transmitted for accep tance prior to November 1, 1939; other wise, it will be necessary for the pro ducers to submit a renewal note secured by a new chattel mortgage.
4. In those instances where the corn collateral is already shelled or is to be resealed as ear corn in farm storage, the producer must submit a com storage agreement on 1938-39 C.C.C. Corn Form A-2. Producers desiring to shell ear corn collateral and to mortgage the shelled corn in substitution therefor must execute renewal notes on 1938-39
C.C.C. Corn Form A-3, secured by chat tel mortgage on 1938-39 C.C.C. Corn Form A-4. Producers desiring to store shelled corn in approved public ware houses must execute new notes and loan agreements on 1938-39 C.C.C. Corn Form A-5. All agreements and new loan doc uments covering 1937 corn must be sub mitted to the Chicago Loan Agency; and agreements and new documents cover ing 1938 corn shall be submitted to the Loan Agency serving the area as stated in the Instructions of Commodity Credit Corporation 1938-39 C.C.C. Corn Form 1. Commodity Credit Corporation will pay producers resealing com in farm storage 7 cents per bushel for storing the corn until August 1, 1940, or the date of delivery of the com, whichever is later. Such payment is conditioned upon the producer delivering the full quantity of corn resealed grading No. 3
or better. At the request of producers, the storage charge will be advanced at the timo of resealing farm stored corn for the sole purpose of enabling the producer to acquire or construct addi tional facilities for the farm storage of corn. I f such an advance is used for any other purpose, the producer will be liable for the full amount advanced and owing on the corn plus interest and charges.
5. The corn storage agreements and new notes andchattel mortgages or loan agreements must be properly completed.
All liens listed in Section 12 of the new chattel mortgage and Section 8 of the loan agreement must be waived. Such liens may be waived on the new chattel mortgage or the loan agreement or listed and waived on corn lien waiver 1938-39
C.C.C. Corn Form AB which may be attached thereto. I f the producer is a tenant, the consent for storage must be signed on all forms if the lease expires prior to October 1, 1940. The require ments for completing and filing for rec ord of new chattel mortgages are the same as set forth in the Instructions 1938-39 C.C.C. Corn Form 1.