[Federal Register Volume 61, Number 240 (Thursday, December 12, 1996)]
[Notices]
[Page 65428]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-31540]


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DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB Ex Parte No. 558]


Railroad Cost of Capital--1996

AGENCY: Surface Transportation Board, DOT.

ACTION: Notice of decision instituting a proceeding to determine the 
railroads' 1996 cost of capital.

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SUMMARY: The Board is instituting a proceeding to determine the 
railroad industry's cost of capital for 1996. The decision solicits 
comments on: (1) The railroads' 1996 cost of debt capital; (2) the 
railroads' 1996 current cost of preferred stock equity capital; (3) the 
railroads' 1996 cost of common stock equity capital; and (4) the 1996 
capital structure mix of the railroad industry on a market value basis.

DATES: Notices of intent to participate are due no later than December 
30, 1996. A service list will then be prepared and issued by January 
14, 1997. Statements of the railroads are due by March 14, 1997. 
Statements of other interested persons are due by April 11, 1997. 
Rebuttal statements by the railroads are due by April 25, 1997.

ADDRESSES: Send an original and 10 copies of statements and an original 
and 1 copy of the notice of intent to participate to: Surface 
Transportation Board, Office of the Secretary, Case Control Branch, 
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 
Board's decision. To obtain a copy of the full decision, write to, 
call, or pick up in person from: Office of the Secretary, Surface 
Transportation Board, 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.]
    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 2, 1996.

    By the Board, Chairman Morgan, Vice Chairman Simmons, and 
Commissioner Owen.
Vernon A. Williams,
Secretary.
[FR Doc. 96-31540 Filed 12-11-96; 8:45 am]
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