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Tariff: Supplement 74 to Agent Pruet ers I. C. C, A-3991; supplement 149 to Agent Prueters I. C. C. A-3748.
IBA No. 30950: Sulphuric and nitrat ing acid from St. Louis, Mo., group.
Piled by W. J. Prueter, Agent, for inter ested rail carriers. JEtates on sulphuric and nitrating acid, carloads from St.
Louis, Mo., and East St. Louis, 111., to Des Moines, Iowa, and other points in Iowa on the Chicago, Rock Island and Pacific Railroad intermediate to Des Moines, Chariton to Carlisle, Iowa, in clusive.
Grounds for relief: Circuitous routes and grouping.
Tariff : Supplements Nos. 115 and 116
to Agent Prueters I. C. C. A-3790.
PSA No. 30951: Iron and steel ar ticles.Official and W. T. L. territories to Kansas. Filed by W. J. Prueter, Agent, for interested rail carriers. Rates on iron and steel articles, carloads from origins in official and western trunk-line territories named or described in sched ules listed below to destinations in Kan sas. named or described in the schedules listed below.
Grounds for relief: Short-line distance formula and circuity.
Tariffs: Original and supplement 1 to Agent Prueters I. C. C. A-4106; supple ments 6 and 8 to Agent Hinschs I. C. C.
4650.
PSA No. 30952: WoodpulpFoley, Fla., to Wisconsin. Piled by R. E. Boyle, Jr., Agent, for interested rail carriers.
Rates on woodpulp, not powdered, noibn, carloads from Foley, Fla., to Fond du Lac and Oshkosh, Wis.
Grounds for relief: Circuitous routes.
By the Commission.
seal
H arold D. M cC o y , Secretary, F. R. Doc. 55-6642; Filed, Aug. 15, 1955;
8 :4 9 a. m .

RUBBER PRODUCING FACILITIES
DISPOSAL CO M M ISSIO N
GR-S

S y n th etic R ubber P roducing F acility at I n stit u te , W . V a.

INVITATION FOR PROPOSALS FOR PURCHASE

Pursuant to the Rubber Producing Facilities Disposal Act of 1953 67 Stat.
408 Act, and Public Law 336, 84th Congress, First Session, approved August 9, 1955, the Rubber Producing Facilities
NOTICES

Disposal Commission announces th at it will receive written proposals for the purchase of the GR-S synthetic rubber producing facility a t Institute, West Virginia.
The Commission has recently sold to private industry 25 rubber producing facilities and leased a 26th. The In
stitute facility will, therefore, when sold, become part of a recently established private synthetic rubber industry.
A detailed descriptive brochure relat ing to the Institute facility may be ob tained upon application to the Com mission.
The Rubber Producing Facilities Dis posal Act of 1953, and P. L. 336, 84th Congress, First Session, prescribe in de tail, as well as generally, procedural and substantive standards pursuant to which the disposal of the Institute facility is to be effected. To facilitate compliance with these standards the Disposal Com mission has prepared Instructions for the Submission of Proposals which set forth the requirements of the Commis sion with respect to such proposals;
copies thereof will be available upon application to the Commission.
Subject to the foregoing, the follow ing additional information concerning the program of sale is announced:
GR-S Plant, Institute, West Virginia.
This facility, designated Plancor 980, produces GR-S type synthetic rubber from butadiene and styrene. It has an annual capacity of 122,000 long tons and is presently in standby condition; it was last operated in September, 1953.
The Commission will receive proposals for the purchase of this facility. Such proposals shall be in writing and may be submitted at any time through October 7, 1955, at the office of the Commission, 811 Vermont Avenue NW., Washington 25, D. C.
As a condition to sale, the Commission is required to be satisfied that the pros pective purchaser actually intends to operate the facility for the purpose of manufacturing synthetic rubber. The purchaser must also agree to comply with the terms of a National Security Clause having terms, conditions, re strictions and reservations which will assure the prompt availability of the facility, or a facility of equivalent ca pacity, for the production of synthetic rubber for a period of ten years from the date the facility is transferred to the purchaser.

Proposals for purchase shall provide for the payment of not less than 25 per cent of the purchase price in cash; the unpaid balance may be financed by a first lien purchase money mortgage maturing in not more than 10 years and provid ing for periodic amortization amortiza tion in equal annual installments is not required. The interest rate upon the balance of the purchase price repre sented by the mortgage shall be 4 per cent per annum.
Proposals for purchase shall be ac companied by a deposit of cash or United States Government bonds of face amount equal to 2 y2 percent of the gross amount proposed to be paid but not exceeding $250,000. Except in the case of a pur chaser, deposits shall be refunded with out interest. In the case of a purchaser, deposit shall be applied without interest to the purchase price.
In the previous sales of the 25 other rubber producing facilities, the Commis sion used standard forms of contract applicable to cash and mortgage trans actions. The same forms of contract will be used for the sale of the Institute facility. Copies of the contract forms, which incorporate the full text of the National Security Clause, are avail able upon request from the Commission.
During a period of not to exceed 75
days following the termination of the period for the receipt of proposals, the Commission will negotiate for the sale of the Institute facility with those who have submitted proposals. Such negotiations will be conducted with due regard to the several purposes of the act, that the dis posal of the facility best foster the de velopment of a free competitive synthetic rubber industry, afford small business enterprises and other users the oppor tunity to obtain a fair share of the end product of the facility and a t fair prices, be consistent with national security and realize full fair value for the facility, taking into consideration the policy set forth in section 2 of the act.
Dated: August 15, 1955.
H arold W . S heehan ,
General Counsel and Acting Secretary, Rubber Producing Facilities Disposal Commis sion.
F. R. Doc. 55-6662; Filed, Aug. 15, 1955;
8:53 a. m.