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3-347, 348, 349,
Reg. W
BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
INTERPRETATION OF LAW OR. REGULATION
September 19, 1941

W-73. With reference to classification "cooking
stoves and ranges with less than seven heating surfaces" a
warmer drawer in electric ranges is not considered a heating
surface.
W-74. Refrigerators are not "seasonal goods" within the meaning of section 4(d) or 5(c)(3)•
W-75. Taxes and fees payable as prerequisite to
obtaining license plates in name of purchaser of automobile
or motorcycle may be included in purchase price of automobile or motorcycle under section 4(f)(2) and under Parts 2,
3(a), and 3(b) of Supplement.
September 20, 1941
W-76. If a new automobile is sold at a discount,
and the "bona fide cash purchase price" is therefore less
than the sum of items 1 through 4 of Part 3(a) of the Supplement, the maximum credit value is limited to 66-2/3 per
cent of" the "bona fide cash purchase price".