[Federal Register Volume 59, Number 235 (Thursday, December 8, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-30173]


[[Page Unknown]]

[Federal Register: December 8, 1994]


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INTERSTATE COMMERCE COMMISSION

[Ex Parte No. 523]

 

Railroad Cost of Capital--1994

AGENCY: Interstate Commerce Commission.

ACTION: Notice of decision instituting a proceeding to determine the 
railroads' 1994 cost of capital.

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SUMMARY: The Commission is instituting a proceeding to determine the 
railroad industry's cost of capital for 1994. The decision solicits 
comments on: (1) the railroads' 1994 cost of debt capital; (2) the 
railroads' 1994 current cost of preferred stock equity capital; (3) the 
railroads' 1994 cost of common stock equity capital; and (4) the 1994 
capital structure mix of the railroad industry on a market value basis.

DATES: Notices of intent to participate are due December 19, 1994. 
Statements of railroads are due March 3, 1995. Statements of other 
interested persons are due March 31, 1995. Rebuttal statements by 
railroads are due April 14, 1995.

ADDRESSES: Send an original and 15 copies of statements and an original 
and 1 copy of the notice of intent to participate to: Office of the 
Secretary, Case Control Branch, Interstate Commerce Commission, 1201 
Constitution Avenue, N.W., Washington, DC 20423.

FOR FURTHER INFORMATION CONTACT: Leonard J. Blistein, (202) 927-6171. 
[TDD for the hearing impaired: (202) 927-5721.]

SUPPLEMENTARY INFORMATION: Additional information is contained in the 
Commission's decision. To obtain a copy of the full decision, write to, 
call, or pick up in person from: Office of the Secretary, Interstate 
Commerce Commission, 1201 Constitution Avenue, N.W., Room 2215, 
Washington, DC 20423. Telephone: (202) 927-7428. [Assistance for the 
hearing impaired is available through TDD services (202) 927-5721.]
Environmental and energy considerations
    We preliminarily conclude that the proposed action will not 
significantly affect either the quality of the human environment or the 
conservation of energy resources.

    Authority: 49 U.S.C. 10704(a).

    Decided: November 21, 1994.

    By the Commission, Chairman McDonald, Vice Chairman Phillips, 
and Commissioners Simmons, Morgan, and Owen. Vice Chairman Phillips 
did not participate.
Vernon A. Williams,
Secretary.
[FR Doc. 94-30173 Filed 12-7-94; 8:45 am]
BILLING CODE 7035-01-P