Carter's Farms Inc., according to the statement, also made loans of more than $250,000 to the Carter warehouse. These loans were reported as “unsecured,” due on demand, at 9¼ percent interest.

Federal investigators are known to have examined financial transactions among members of the Carter family as well as family business enterprises during the period of the Presidential campaign and afterwards.

Modest Nontrust Income

The disclosure statement reported modest income for the President from nontrust sources. These included interest payments of from $7,000 to $20,000 from two savings accounts, and less than $1,001 from the Internal Revenue Service, presumably a refund. He received $15,000 to $50,000 in royalties from his book, “Why Not the Best.”

Filling in the details of a land transaction described earlier as a sale between Mr. Kirbo and Billy Carter, the President's statement revealed that Mr. Kirbo had assumed Billy Carter's $250,000 debt to the farm corporation upon acquiring the land.

When Mr. Carter took office in 1977, he placed his assets in a blind trust to be managed by Mr. Kirbo. Establishment of the trust was part of an Administration policy to prevent conflicts of interest for government officials.

Mr. Wruble, of the Government ethics office, said that Mr. Carter had never asked for a ruling on Mr. Kirbo's qualifications. “I had not made up my mind whether Mr. Kirbo would have met the requirements or not,” Mr. Wruble said. “Now I won't have to.”

Mr. Carter attached to his statement list of 69 gifts valued at $100 or more that he and Mrs. Carter received in 1978. All but five were turned over to the National Archives, donated to charity or retained at the White House for reference use. Perishables were “disposed of or consumed in accordance with Secret Service regulations,” according to the statement.