Page:United States Statutes at Large Volume 63 Part 2.djvu/884

 MULTILATERAL-WHEAT-MAR. 23, 1949 Fort William/Port Arthur. The basic minimum and maximum prices, and the equivalents thereof hereafter referred to, shall exclude such carrying charges and marketing costs as may be agreed between the buyer and the seller. 2. The equivalent maximum prices for bulk wheat for: (a) No. 1 Manitoba Northern wheat in store Vancouver shall be the maximum price for No. 1 Manitoba Northern wheat in bulk in store Fort William/Port Arthur specified in paragraph 1 of this Article; (b) f.a.q. wheat f.o .b. Australia, sample wheat of France (minimum natural weight seventy-six kilograms per hectolitre; minimum protein content ten per cent; maximum dockage and moisture content two per cent and fifteen per cent respectively) f.o.b. French ports, and f.a .q. top grade wheat f.o .b. Uruguay, shall be whichever is the lower of: (i) the maximum price for No. 1 Manitoba Northern wheat in bulk in store Fort William/Port Arthur specified in para- graph 1 of this Article converted into the currency of Australia, France, or Uruguay, as the case may be, at the prevailing rate of exchange, or (ii) the price f.o .b. Australia, France, or Uruguay, as the case may be, equivalent to the c. & f. price in the country of destination of the maximum price for No. 1 Manitoba Northern wheat in bulk in store Fort William/Port Arthur specified in paragraph 1 of this Article, computed by using currently prevailing transportation costs and ex- change rates and, in those importing countries where a quality differential is recognized, by making such allow- ance for difference in quality as may be agreed between the exporting country and the importing country concerned; (c) No. 1 Hard Winter wheat f.o.b. Gulf/Atlantic ports of the United States of America shall be the price equivalent to the c. & f. price in the country of destination of the maximum price for No. 1 Manitoba Northern wheat in bulk in store Fort William/Port Arthur specified in paragraph 1 of this Article, computed by using currently prevailing transportation costs and exchange rates and by making such allowance for differ- ence in quality as may be agreed between the exporting country and the importing country concerned; and (d) No. 1 Soft White wheat or No. 1 Hard Winter wheat in store Pacific ports of the United States of America shall be the maximum price for No. 1 Manitoba Northern wheat in bulk in store Fort William/Port Arthur specified in paragraph 1 of this Article, computed by using the prevailing rate of exchange and by making such allowance for difference in quality as may be agreed between the exporting country and the importing country concerned. 63 STAT.] 2183

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