[Federal Register Volume 60, Number 248 (Wednesday, December 27, 1995)]
[Notices]
[Page 66987]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-31322]



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INTERSTATE COMMERCE COMMISSION
[Ex Parte No. 523 (Sub-No. 1)]


Railroad Cost of Capital--1995

AGENCY: Interstate Commerce Commission.

ACTION: Notice of decision instituting a proceeding to determine the 
railroads' 1995 cost of capital.

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SUMMARY: The Commission is instituting a proceeding to determine the 
railroad industry's cost of capital for 1995. The decision solicits 
comments on: (1) The railroads' 1995 cost of debt capital; (2) the 
railroads' 1995 current cost of preferred stock equity capital; (3) the 
railroads' 1995 cost of common stock equity capital; and (4) the 1995 
capital structure mix of the railroad industry on a market value basis.

DATES: Notices of intent to participate are due no later than December 
29, 1995. A service list will then be prepared and issued by January 
13, 1996. Statements of the railroads are due by March 8, 1996. 
Statements of other interested persons are due by April 5, 1996. 
Rebuttal statements by the railroads are due by April 19, 1996.

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: Legislation to sunset the Commission on 
December 31, 1995, and transfer remaining functions is now under 
consideration in Congress. Until further notice, parties submitting 
pleadings should continue to use the current name and address contained 
herein. 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: DC NEWS & DATA, INC., Interstate Commerce 
Commission Building, 1201 Constitution Avenue, N.W., Room 2229, 
Washington, DC 20423. Telephone: (202) 289-4357. [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: December 15, 1995.

    By the Commission, Chairman Morgan, Vice Chairman Owen, and 
Commissioner Simmons.
Vernon A. Williams,
Secretary.
[FR Doc. 95-31322 Filed 12-26-95; 8:45 am]
BILLING CODE 7035-01-M