[Federal Register Volume 62, Number 242 (Wednesday, December 17, 1997)]
[Notices]
[Page 66177]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 97-32778]
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DEPARTMENT OF TRANSPORTATION
Surface Transportation Board
[STB ex Parte No. 558 (Sub-No. 1)]
Railroad Cost of Capital--1997
AGENCY: Surface Transportation Board, DOT.
ACTION: Notice of decision instituting a proceeding to determine the
railroads' 1997 cost of capital.
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SUMMARY: The Board is instituting a proceeding to determine the
railroad industry's cost of capital for 1997. The decision solicits
comments on: (1) the railroads' 1997 cost of debt capital; (2) the
railroads' 1997 current cost of preferred stock equity capital; (3) the
railroads' 1997 cost of common stock equity capital; and (4) the 1997
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, 1997. A service list will then be prepared and issued by January
14, 1998. Statements of the railroads are due by March 20, 1998.
Statements of other interested persons are due by April 10, 1998.
Rebuttal statements by the railroads are due by April 24, 1998.
ADDRESSES: Send an original and 10 copies of statements and a copy of
the statement on a 3.5 inch disk in WordPerfect 6.1, and an original
and 1 copy of the notice of intent to participate to: Surface
Transportation Board, Office of the Secretary, Case Control Branch,
1925 K Street, N.W., Washington, DC 20423.
FOR FURTHER INFORMATION CONTACT: Leonard J. Blistein, (202) 565-1529.
[TDD for the hearing impaired: (202) 565-1695.]
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, 1925 K Street, N.W., Room 700, Washington, DC
20423. Telephone: (202) 565-1650. [Assistance for the hearing impaired
is available through TDD services (202) 565-1695.] A copy of the
decision can also be obtained from the Board's internet site
(www.stb.dot.gov).
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 5, 1997.
By the Board, Chairman Morgan and Vice Chairman Owen.
Vernon A. Williams,
Secretary.
[FR Doc. 97-32778 Filed 12-16-97; 8:45 am]
BILLING CODE 4915-00-P
