Determination of the 2007 Fiscal Year Interest Rate on Rural Telephone Bank Loans, 10220-10221 [E8-3561]
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10220
Notices
Federal Register
Vol. 73, No. 38
Tuesday, February 26, 2008
This section of the FEDERAL REGISTER
contains documents other than rules or
proposed rules that are applicable to the
public. Notices of hearings and investigations,
committee meetings, agency decisions and
rulings, delegations of authority, filing of
petitions and applications and agency
statements of organization and functions are
examples of documents appearing in this
section.
DEPARTMENT OF AGRICULTURE
National Agricultural Statistics Service
Notice of Intent To Seek Approval To
Revise and Extend an Information
Collection
National Agricultural Statistics
Service, USDA.
ACTION: Notice and request for
comments.
AGENCY:
In accordance with the
Paperwork Reduction Act of 1995, this
notice announces the intention of the
National Agricultural Statistics Service
(NASS) to request revision and
extension of a currently approved
information collection, the Field Crops
Objective Yield Surveys. Revision to
burden hours may be needed due to
changes in the size of the target
population, sampling design, and/or
questionnaire length.
DATES: Comments on this notice must be
received by April 28, 2008 to be assured
of consideration.
ADDRESSES: You may submit comments,
identified by docket number 0535–0088,
by any of the following methods:
• E-mail: ombofficer@nass.usda.gov.
Include docket number above in the
subject line of the message.
• Fax: (202) 720–06396.
• Mail: Mail any paper, disk, or CD–
ROM submissions to: NASS Clearance
Officer, U.S. Department of Agriculture,
Room 5336A, Mail Stop 2024, South
Building, 1400 Independence Avenue,
SW., Washington, DC 20250–2024.
• Hand Delivery/Courier: Hand
deliver to: NASS Clearance Officer, U.S.
Department of Agriculture, Room
5336A, South Building, 1400
Independence Avenue, SW.,
Washington, DC 20250–2024.
FOR FURTHER INFORMATION CONTACT:
Joseph T. Reilly, Associate
Administrator, National Agricultural
Statistics Service, U.S. Department of
Agriculture, (202) 720–4333.
mstockstill on PROD1PC66 with NOTICES
SUMMARY:
VerDate Aug<31>2005
19:29 Feb 25, 2008
Jkt 214001
SUPPLEMENTARY INFORMATION:
Title: Field Crops Objective Yield.
OMB Control Number: 0535–0088.
Expiration Date of Approval:
November 30, 2008.
Type of Request: Intent to Request
Approval to Revise and Extend an
Information Collection.
Abstract: The primary objective of the
National Agricultural Statistics Service
is to prepare and issue State and
national estimates of crop and livestock
production, prices, and disposition. The
Field Crops Objective Yield Surveys
objectively predict yields for corn,
cotton, potatoes, soybeans, and wheat.
Sample fields are randomly selected for
these crops, plots are laid out, and
periodic counts and measurements are
taken and then used to forecast
production during the growing season.
Production forecasts are published in
USDA Crop Production reports. The
Field Crops Objective Yield Surveys
have approval from OMB for a 3-year
period; NASS intends to request that the
surveys be approved for another 3 years.
Authority: These data will be collected
under the authority of 7 U.S.C. 2204(a).
Individually identifiable data collected under
this authority are governed by Section 1770
of the Food Security Act of 1985, 7 U.S.C.
2276, which requires USDA to afford strict
confidentiality to non-aggregated data
provided by respondents. This Notice is
submitted in accordance with the Paperwork
Reduction Act of 1995 (Pub. L. 104–113) and
Office of Management and Budget regulations
at 5 CFR part 1320 (60 FR 44978, August 29,
1995).
Estimate of Burden: Public reporting
burden for this collection of information
is estimated to average 24 minutes.
Respondents: Farmers, ranchers, or
farm managers.
Estimated Number of Respondents:
8,555.
Estimated Total Annual Burden on
Respondents: 3,422 hours.
Copies of this information collection
and related instructions can be obtained
without charge from NASS Clearance
Officer, at (202) 720–2248.
Comments: Comments are invited on:
(a) Whether the proposed collection of
information is necessary for the proper
performance of the functions of the
agency, including whether the
information will have practical utility;
(b) the accuracy of the agency’s estimate
of the burden of the proposed collection
of information including the validity of
the methodology and assumptions used;
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(c) ways to enhance the quality, utility,
and clarity of the information to be
collected; and (d) ways to minimize the
burden of the collection of information
on those who are to respond, including
through the use of appropriate
automated, electronic, mechanical, or
other technological collection
techniques or other forms of information
technology.
All responses to this notice will
become a matter of public record and be
summarized in the request for OMB
approval.
Signed at Washington, DC, February 8,
2008.
Joseph T. Reilly,
Associate Administrator.
[FR Doc. 08–840 Filed 2–25–08; 8:45 am]
BILLING CODE 3410–20–M
DEPARTMENT OF AGRICULTURE
Rural Telephone Bank
Determination of the 2007 Fiscal Year
Interest Rate on Rural Telephone Bank
Loans
Rural Telephone Bank, USDA.
Notice of 2007 fiscal year
interest rate determination.
AGENCY:
ACTION:
SUMMARY: In accordance with 7 CFR
1610.10, the Rural Telephone Bank
(Bank) cost of money rate has been
established as 5.84% for all advances
made during fiscal year 2007 (the period
beginning October 1, 2006 and ending
September 30, 2007). All advances made
during fiscal year 2007 were under Bank
loans approved on or after October 1,
1992. These loans are sometimes
referred to as financing account loans.
The methodology required to
calculate the cost of money rate is
established in 7 CFR 1610.10(c).
Because of the dissolution of the Bank,
the only remaining component of the
calculation of the Bank’s cost of money
rate for fiscal year 2007 is the rate paid
by the Bank to the Treasury to borrower
the funds advanced under financing
account loans. Since the rate paid to the
Treasury is greater than or equal to the
minimum rate (5.00%) allowed under
7 U.S.C. 948(b)(3)(A), the cost of money
rate is set at 5.84%.
FOR FURTHER INFORMATION CONTACT:
Jonathan P. Claffey, Deputy Assistant
Governor, Rural Telephone Bank, STOP
1590—Room 5151, 1400 Independence
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26FEN1
Federal Register / Vol. 73, No. 38 / Tuesday, February 26, 2008 / Notices
Avenue, SW., Washington, DC 20250–
1590. Telephone: (202) 720–9556.
SUPPLEMENTARY INFORMATION: The cost
of money rate methodology develops a
weighted average rate for the Bank’s cost
of money considering total fiscal year
loan advances, debentures and other
obligations, and the costs to the Bank of
obtaining funds from these sources.
Because of the dissolution of the Bank,
which was discussed at greater length in
the Notice of 2006 fiscal year interest
rate determination published November
30, 2006 (See 71 FR 69200), the only
component described in 7 CFR
1610.10(c) that is still relevant to the
determination of the Bank’s cost of
money interest rate is the rate paid on
the issuance of debentures and other
obligations [see 7 CFR 1610.10(c)(4)].
The table that has been attached to this
notice in prior years will no longer be
provided since the only calculation
necessary to determine the interest rate
for advances is the comparison of the
interest rate on Treasury borrowings to
the statutory minimum rate.
mstockstill on PROD1PC66 with NOTICES
Progress of Dissolution of the Bank
At its quarterly meeting on August 4,
2005, the Board of Directors (the
‘‘Board’’) approved a resolution to
dissolve the Bank. On November 10,
2005, the liquidation and dissolution
process was initiated with the signing
by President Bush of the 2006
Agriculture Appropriations bill, which
contained a provision lifting the
restriction on the retirement of more
than 5 percent of the Class A stock held
by the Government. This paved the way
for all Bank stock to be redeemed.
The dissolution process is now largely
complete. The Government’s Class A
stock was redeemed on April 10, 2006;
redemption payments to Class B and C
shareholders began on April 11, 2006
and were completed by September 30,
2006. The final liquidation payments
were made to Class A and B
shareholders at the time of liquidation
on November 13, 2007. The only action
still to be taken is the completion of a
final audit.
Sources and Costs of Funds
Due to the dissolution of the Bank, the
only remaining source of funds is the
borrowings from the Treasury, which
are categorized as issuance of
debentures or other obligations in
accordance with the regulations
pertaining to the setting of the interest
rate for advances on Bank loans (7 CFR
1610.10(c)(4)). For fiscal year 2007,
Treasury borrowings related to advances
were $53,534,679 at an interest rate of
5.84%. Since this rate exceeds the
minimum statutory rate of 5.00% for
VerDate Aug<31>2005
19:29 Feb 25, 2008
Jkt 214001
Bank loans, the Bank’s cost of money
rate for fiscal year 2007 advances is set
at 5.84%.
James M. Andrew,
Governor, Rural Telephone Bank.
[FR Doc. E8–3561 Filed 2–25–08; 8:45 am]
BILLING CODE 3410–15–P
DEPARTMENT OF COMMERCE
International Trade Administration
[A–570–930]
Circular Welded Austenitic Stainless
Pressure Pipe from the People’s
Republic of China: Initiation of
Antidumping Duty Investigation
Import Administration,
International Trade Administration,
Department of Commerce.
EFFECTIVE DATE: February 26, 2008.
FOR FURTHER INFORMATION CONTACT:
Melissa Blackledge, AD/CVD
Operations, Office 4, Import
Administration, International Trade
Administration, U.S. Department of
Commerce, 14th Street and Constitution
Avenue, NW, Washington, DC 20230;
telephone: (202) 482–3518.
SUPPLEMENTARY INFORMATION:
AGENCY:
The Petition
On January 30, 2008, the Department
of Commerce (‘‘Department’’) received a
petition concerning imports of circular
welded austenitic stainless pressure
pipe from the People’s Republic of
China (‘‘PRC’’) filed in proper form by
Bristol Metals, L.P., Felker Brothers
Corp., Marcegaglia USA Inc.,
Outokumpu Stainless Pipe, Inc. and
United Steel Workers of America
(collectively ‘‘Petitioners’’). See Petition
on Welded Stainless Pressure Pipe from
the People’s Republic of China, dated
January 30, 2008 (‘‘Petition’’). In
February 2008, the Department issued
multiple requests for additional
information, seeking clarification of
certain areas of the Petition. Based on
the Department’s requests, Petitioners
filed additional information on February
5 through February 13, 2008.
In accordance with section 732(b) of
the Tariff Act of 1930, as amended
(‘‘Act’’), Petitioners allege that imports
of circular welded austenitic stainless
pressure pipe from the PRC are being, or
are likely to be, sold in the United States
at less than fair value, within the
meaning of section 731 of the Act, and
that such imports are materially
injuring, or threaten material injury to,
an industry in the United States.
The Department finds that Petitioners
filed this Petition on behalf of the
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Frm 00002
Fmt 4703
Sfmt 4703
10221
domestic industry because Petitioners
are interested parties as defined in
section 771(9)(C) and (D) of the Act, and
have demonstrated sufficient industry
support with respect to the antidumping
duty investigation that Petitioners are
requesting the Department initiate (see
‘‘Determination of Industry Support for
the Petition’’ section below).
Period of Investigation
The period of investigation (‘‘POI’’) is
July 1 through December 31, 2007. See
19 CFR 351.204(b).
Scope of Investigation
The merchandise covered by this
investigation is circular welded
austenitic stainless pressure pipe
(‘‘CWASPP’’) not greater than 14 inches
in outside diameter. This merchandise
includes, but is not limited to, the
American Society for Testing and
Materials (‘‘ASTM’’) A–312 or ASTM
A–778 specifications, or comparable
domestic or foreign specifications.
ASTM A–358 products are only
included when they are produced to
meet ASTM A–312 or ASTM A–778
specifications, or comparable domestic
or foreign specifications.
Excluded from the scope are: (1)
welded stainless mechanical tubing,
meeting ASTM A–554 or comparable
domestic or foreign specifications; (2)
boiler, heat exchanger, superheater,
refining furnace, feedwater heater, and
condenser tubing, meeting ASTM A–
249, ASTM A–688 or comparable
domestic or foreign specifications; and
(3) specialized tubing, meeting ASTM
A–269, ASTM A–270 or comparable
domestic or foreign specifications.
The subject imports are normally
classified in subheadings 7306.40.5005,
7306.40.5040, 7306.40.5062,
7306.40.5064, and 7306.40.5085 of the
Harmonized Tariff Schedule of the
United States (‘‘HTSUS’’). They may
also enter under HTSUS subheadings
7306.40.1010, 7306.40.1015,
7306.40.5042, 7306.40.5044,
7306.40.5080, and 7306.40.5090. The
HTSUS subheadings are provided for
convenience and customs purposes
only; the written description of the
scope of this investigation is dispositive.
Comments on Scope of Investigation
During our review of the Petition, we
discussed the scope with Petitioners to
ensure that it is an accurate reflection of
the products for which the domestic
industry is seeking relief. Moreover, as
discussed in the preamble to the
regulations (Antidumping Duties;
Countervailing Duties; Final Rule, 62 FR
27296, 27323 (May 19, 1997)), we are
setting aside a period for interested
E:\FR\FM\26FEN1.SGM
26FEN1
Agencies
[Federal Register Volume 73, Number 38 (Tuesday, February 26, 2008)]
[Notices]
[Pages 10220-10221]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-3561]
-----------------------------------------------------------------------
DEPARTMENT OF AGRICULTURE
Rural Telephone Bank
Determination of the 2007 Fiscal Year Interest Rate on Rural
Telephone Bank Loans
AGENCY: Rural Telephone Bank, USDA.
ACTION: Notice of 2007 fiscal year interest rate determination.
-----------------------------------------------------------------------
SUMMARY: In accordance with 7 CFR 1610.10, the Rural Telephone Bank
(Bank) cost of money rate has been established as 5.84% for all
advances made during fiscal year 2007 (the period beginning October 1,
2006 and ending September 30, 2007). All advances made during fiscal
year 2007 were under Bank loans approved on or after October 1, 1992.
These loans are sometimes referred to as financing account loans.
The methodology required to calculate the cost of money rate is
established in 7 CFR 1610.10(c). Because of the dissolution of the
Bank, the only remaining component of the calculation of the Bank's
cost of money rate for fiscal year 2007 is the rate paid by the Bank to
the Treasury to borrower the funds advanced under financing account
loans. Since the rate paid to the Treasury is greater than or equal to
the minimum rate (5.00%) allowed under 7 U.S.C. 948(b)(3)(A), the cost
of money rate is set at 5.84%.
FOR FURTHER INFORMATION CONTACT: Jonathan P. Claffey, Deputy Assistant
Governor, Rural Telephone Bank, STOP 1590--Room 5151, 1400 Independence
[[Page 10221]]
Avenue, SW., Washington, DC 20250-1590. Telephone: (202) 720-9556.
SUPPLEMENTARY INFORMATION: The cost of money rate methodology develops
a weighted average rate for the Bank's cost of money considering total
fiscal year loan advances, debentures and other obligations, and the
costs to the Bank of obtaining funds from these sources. Because of the
dissolution of the Bank, which was discussed at greater length in the
Notice of 2006 fiscal year interest rate determination published
November 30, 2006 (See 71 FR 69200), the only component described in 7
CFR 1610.10(c) that is still relevant to the determination of the
Bank's cost of money interest rate is the rate paid on the issuance of
debentures and other obligations [see 7 CFR 1610.10(c)(4)]. The table
that has been attached to this notice in prior years will no longer be
provided since the only calculation necessary to determine the interest
rate for advances is the comparison of the interest rate on Treasury
borrowings to the statutory minimum rate.
Progress of Dissolution of the Bank
At its quarterly meeting on August 4, 2005, the Board of Directors
(the ``Board'') approved a resolution to dissolve the Bank. On November
10, 2005, the liquidation and dissolution process was initiated with
the signing by President Bush of the 2006 Agriculture Appropriations
bill, which contained a provision lifting the restriction on the
retirement of more than 5 percent of the Class A stock held by the
Government. This paved the way for all Bank stock to be redeemed.
The dissolution process is now largely complete. The Government's
Class A stock was redeemed on April 10, 2006; redemption payments to
Class B and C shareholders began on April 11, 2006 and were completed
by September 30, 2006. The final liquidation payments were made to
Class A and B shareholders at the time of liquidation on November 13,
2007. The only action still to be taken is the completion of a final
audit.
Sources and Costs of Funds
Due to the dissolution of the Bank, the only remaining source of
funds is the borrowings from the Treasury, which are categorized as
issuance of debentures or other obligations in accordance with the
regulations pertaining to the setting of the interest rate for advances
on Bank loans (7 CFR 1610.10(c)(4)). For fiscal year 2007, Treasury
borrowings related to advances were $53,534,679 at an interest rate of
5.84%. Since this rate exceeds the minimum statutory rate of 5.00% for
Bank loans, the Bank's cost of money rate for fiscal year 2007 advances
is set at 5.84%.
James M. Andrew,
Governor, Rural Telephone Bank.
[FR Doc. E8-3561 Filed 2-25-08; 8:45 am]
BILLING CODE 3410-15-P