Page:United States Statutes at Large Volume 50 Part 1.djvu/103

 78 Minimum price pro- posals. Computation of to- tal costs. Minimum-price- area table. Enumeration. Area 1 : Eastern Pennsylvania= district 1 ; western Pennsylvania, district 2 ; northern West Virginia, district 3 ; Ohio, district 4 ; Michigan, district 5 ; Panhandle, district 6 ; Southern numbered 1, district 7 ; Southern numbered 2 district 8 ; that part of South- eastern district 13, comprising Van Buren, Warren, and McMinn Counties in Tennessee. Area 2 : West Kentucky, district 9 ; Illinois, district 10 ; Indiana, district 11 ; Iowa, district 12. Area 3 : Southeastern, district 13, except Van Buren, Warren, and McMinn Count ies in Tenn essee. Area 4 : Arkansas-Oklahoma, district 14. Area 5 : Southwestern, district 15. Area 6 : Northern Colorado, district 16 ; southern Colorado, dis- trict 17 ; New Mexico, district 18. Area 7 : Wyoming, district 19 ; Utah, district 20. Area 8 : North Dakota and South Dakota, district 21. Area 9 : Montana, district 22. Area 10 : Washington and Alaska, district 23. Factors in det ermin- The minimum pric es so propose d shall reflec t, as nearly as pos- ing minimum prices. sible, the relative market value of the various kinds, qualities, and sizes of coal, shall be just and equitable as between producers within the district, and shall have due regard to the interests of the con- sum ing pu bli c. T he procedure for proposal of minimum pri ces shall be in accordan ce with rules and regulati ons to be appr oved by the Comm issi on. Submissionofsched- A schedule of such proposed minimum prices, together with the ule of propose d price s to commission. data upon whic h they are co mputed, inclu ding, but with out limita- tion, the factors considered in determining the price relationship, shall be submi tted by the d istrict board to the Commis sion, which may approve, disapprove, or modify such proposed minimum prices to conform to the requirements of this subsection, which shall serve as the basis for the coordination provided for in the succeeding sub- Provisos. section (b) : Pro vid ed, That all m inimum pric es pro posed for an y Requirements of minimum prices. kind, quality, or size of coal for shipment into any consuming market area shall be just and equitable as between producers within the dis- 75 TH CONGRESS, 1st SESSION-CH. 127-APRIL 26, 1937 district board or employee or representative thereof shall be an emp loye e of any sta tist ical bur eau. Each district board shall, from time to time on its own motion or when directed by the Commission, propose minimum prices free on board transportation facilities at the mines for kinds, qualities, and sizes of coal produced in said district, and classification of coal and price variations as to mines, consuming market areas, valu es as to uses and seasonal demand. Said prices shall be proposed so as to yield a return per net ton for each district in a minimum price area, as such districts are identified and such area is defined in the subjoined table designated "minimum-price-area table", equal as nearly as may be to the weighted average of the total costs, per net ton, determined as hereinafter provided, of the tonnage of such minimum price area. The computation of the total costs shall incl ude the cost of labo r, s uppl ies, pow er, taxe s, i nsur ance , work- men' s co mpen sati on, roya ltie s, d epre ciat ion and depl etio n (as deter- mined by the Bureau of In ternal Revenu e in the compu tation of the Federal income tax) and all other direct expenses of production, coal operators' association dues, district board assessments for Board operating expenses only levied under the code, and reasonable costs of selling and the cost of administration. MINIMUM-PRICE-AREA TABLE