[Federal Register Volume 69, Number 243 (Monday, December 20, 2004)]
[Notices]
[Page 76029]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-27630]



[[Page 76029]]

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DEPARTMENT OF TRANSPORTATION

Surface Transportation Board

[STB Ex Parte No. 558 (Sub-No. 8)]


Railroad Cost of Capital--2004

AGENCY: Surface Transportation Board.

ACTION: Notice of decision instituting a proceeding to determine the 
railroads' 2004 cost of capital.

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SUMMARY: The Board is instituting a proceeding to determine the 
railroad industry's cost of capital for 2004. The decision solicits 
comments on: (1) The railroads' 2004 current cost of debt capital; (2) 
the railroads' 2004 current cost of preferred stock equity capital (if 
any); (3) the railroads' 2004 cost of common stock equity capital; and 
(4) the 2004 capital structure mix of the railroad industry on a market 
value basis.

DATES: Notices of intent to participate are due no later than January 
17, 2005. Statements of the railroads are due by March 28, 2005. 
Statements of other interested persons are due by April 25, 2005. 
Rebuttal statements by the railroads are due by May 16, 2005.

ADDRESSES: Send an original and 10 copies of statements and a copy of 
the statement on a 3.5 inch disk in WordPerfect 9.0, and an original 
and 1 copy of the notice of intent to participate to: Surface 
Transportation Board, 1925 K Street, NW., Washington, DC 20423-0001.

FOR FURTHER INFORMATION CONTACT: Leonard J. Blistein, (202) 565-1529. 
(Federal Information Relay Service (FIRS) for the hearing impaired: 1 
(800) 877-8339.)

SUPPLEMENTARY INFORMATION: The Board's decision is posted on the 
Board's Web site, http://www.stb.dot.gov. In addition, copies of the 
decision may be purchased from ASAP Document Solutions by calling 202-
306-4004 (assistance for the hearing impaired is available through FIRS 
at 1-800-877-8339), or by e-mail at [email protected].
    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 13, 2004.

    By the Board, Chairman Nober, Vice Chairman Mulvey, Commissioner 
Buttrey.
Vernon A. Williams,
Secretary.
[FR Doc. 04-27630 Filed 12-17-04; 8:45 am]
BILLING CODE 4915-01-P