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FEDERAL
VOLUME 20

REGISTER
1934

C ONlTtO

NUMBER 215

Washington, Thursday, November 3, 1955

TITLE 6 AGRICULTURAL CREDIT
Chapter IV Commodity Stabilization Service and Commodity Credit Cor poration, Department of Agricul ture Subchapier B Loans, Purchases, and Other Operations P a r i 472 W

ool
SUBPART TERMS OF SALE OF W OOL OWNED
BY COMMODITY CREDIT CORPORATION I N
CLUDING SALES BY COMPETITIVE BIDS

This document amends and restates in full certain basic terms and conditions of sale, including sales by competitive bids, of wool acquired by Commodity Credit Corporation referred to in this subpart as CCC in connection with its Wool Price Support Programs.
The original terms of sale were published in 19 P. R. 6022.
Sec.
472.536
472.537
472.538
472.539
472.540
472.541
472.542
472.543
472.544
472.545
472.546
472.547

Sales agents.
M ethod of sale.
Subm ission a n d acceptance o f bids.
Basis of sale.
Sales price.
Sales confirm ation.
Point o f delivery.
W eight.
Passage o f title, risk o f loss, a n d lia bility fo r storage charges.
Settlement.
Lim itation on sales.
C ontractual righ ts.

Authority : 472.536 to 472.547 issued Wider sec. 4, 62 Stat. 1070, as am en ded; 15
S. C. 714b. In terpret or a p p ly sec. 5, 62
Stat. 1072; 15 U. S. C. 714c.

472.536 Sales agents, a Sales o by CCC are made by woe dealers, cooperative marketing associa tions, a n d pulleries such persons are re ferred to in this subpart as handlers!
who h a v e entered into agreements wit!
ccc to store, handle, and sell wool t w hich C C C acquires title under its Woe ice Support Programs. Such sale w a y b e m a d e at not less than the mini prices contained in schedules, a f ln 472.540 b , and will be re this subpart as sales a edulejn-iecs; Sales are also made b:
J lV or the basis of bids received, an<
uch sales will be referred to in this sub.
p art a s competitive bid sales. W her wool o w n e d
ever in this subpart the terms sale and CONTENTS
sales are used without qualification, those terms include both competitive Agricultural Marketing Service P age bid sales and sales at schedule prices. Proposed rule making:
Each handler is authorized to sell at not Milk in New York metropolitan less than schedule prices, or to show, marketing area; handling of_ 8266
only the CCC-owned wool which is in his Rules and regulations:
custody. Handlers are required to give Grapefruit grown in Arizona;
all purchasers an equal opportunity to Imperial County, Calif., and purchase or to make bids on wool owned that part of Riverside County, by CCC. Options shall not be granted, Calif., situated south and east and wool is not to be earmarked for any of San Gorgonio Pass; deter prospective purchaser.
mination relative to expenses b> The sales operations are admin and fixing of rate of assess istered through the CSS Commodity O f ment for 1955-1956 fiscal fice located at Boston, Massachusetts.
period____________________ ____ 8257
The Commodity Stabilization Service is Milk in Central Arizona mar referred to in this subpart as CSS.
keting rea; handling of_____
8258
Names of the approved handlers au thorized to sell at not less than schedule Agriculture Department prices for the account,of CCC or to show See Agricultural Marketing Serv wool belonging to CCC may be obtained ice; Commodity Stabilization from the Boston CSS Commodity Office, Service.
408 Atlantic Avenue, Boston 10, M assa-, chusetts. Handlers are not authorized Alien Property Office to modify or waive the terms of sale as Notices:
set forth in this subpart or any amend Vested property, intention to re ments or supplements thereto.
turn:
Abeshima, Yoichi____________
8278
472.537 Method of sale. Beginning Bruggemann, Augusta Bea November 7,1955, sales of wool owned by trice________________________
8278
CCC will be made by CCC on a competi tive bid basis at prices accepted by CCC. Civil Aeronautics Board Sales made on this basis for domestic Proposed rule making:
use will be limited to a monthly quota Revised uniform system of ac of l/24th of the inventory as of Novem counts and reports for certi ber 1, 1955. During the time that fads fied air carriers; postpone are being received by CCC, handlers will ment of oral argument______
8268
also be authorized to sell wool owned by CCC at not less than schedule prices. Commodity Stabilization Service Such sales will not be charged against Rules and regulations:
the monthly limitation applicable to Cotton; upland, acreage allot competitive bid sales.
ments for 1956 crop_____ ____ 8247
Wool; terms of sale____________
8245
472.538 Submission and acceptance of bids. Persons interested in buying Customs Bureau CCC-owned wool on the competitive bid Notices:
basis shall submit bids to the Boston Antidumping; cast iron pipe CSS Commodity Office, Commodity Sta from United Kingdom______ 8269
bilization Service, United States De partment of Agriculture, Boston 10, Rules and regulations:
Johnston Island;
exclusion Massachusetts. Bids shall be submitted from customs territory______
8265
on CCC Form B N -66, Bid on CCC
Wool, or in a telegraphic form pre Federal Power Commission scribed by CCC.
CCC Form B N - 66, Notices:
which contains the telegraphic form, Hearings, etc.:
can be obtained from the handlers who Atlantic Refining Co_________ 8273
C o n tin u e d o n next p a g e
Forest Oil Corp______________
8275
8245