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Public Service Commission of South Carolina 1968-1969

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Public Service Commission of South Carolina 1968-1969 I f I • Ninety-First Annual Report of the Public Service Commission Of South Carolina 1968-1969 ARTHUR D. AMICK, Chairman GUY BUTLER, Vice-Chairman } O.E.BRUCE J. LEWIS MOSS Commissioners JOHN J. SNOW EDWARD WIMBERLY ) CLYDE F. BOLAND J. N. LAND, JR., Executive Secretary WILLIAM F. AUSTIN, Asst. Attorney General R. M. BALLENTINE, Dir. Motor Transport Div. C. E. LOGWOOD, Director o£ Rate Bureau J. H. STILL, Director o£ Telephone, Gas and Water C. L. REED, Asst. Director o£ Telephone, Gas and Water L. R. MILLER, Director Electrical Utilities Division W. C. SHEELY, Assistant Director, Electrical Utilities Division Printed Under the Direction of the. State Budget and Control Board Ninety-First Annual Report of the Public Service Commission Of South Carolina 1968-1969 ARTHUR D. AMICK, Chairman GUY BUTLER, Vice-Chairman O.E.BRUCE J. LEWIS MOSS Commissioners JOHN J. SNOW EDWARD WIMBERLY CLYDE F. BOLAND J. N. LAND, JR., Executive Secretary WILLIAM F. AUSTIN, Asst. Attorney General R. M. BALLENTINE, Dir. Motor Transport Div. C. E. LOGWOOD, Director o£ Rate Bureau J. H. STILL, Director o£ Telephone, Gas and Water C. L. REED, Asst. Director o£ Telephone, Gas and Water L. R. MILLER, Director Electrical Utilities Division W. C. SHEELY, Assistant Director, Electrical Utilities Division Printed Under the Direction of the State Budget and Control Board LETTER OF TRANSMITTAL OFFICE oF PUBLic SERvicE CoMMissiON To His Excellency, Robert E. McNair, Governor of South Carolina: Sir: We have the honor to transmit herewith the Ninety-First An­ nual Report of the Public Service Commission of South Carolina for the year ending June 30, 1969. Yours respectfully, ARTHUR D. AMICK, Chairman GUY BUTLER, Vice-Chairman O.E.BRUCE J. LEWIS MOSS JOHN J. SNOW EDWARD WIMBERLY CLYDE F . BOLAND J. N. LAND, JR., Executive Secretary ANNUAL REPORT OF THE PUBLIC SERVICE COMMISSION OF SOUTH CAROLINA To the General Assembly of South Carolina: The Public Service Commission has the honor to respectfully submit £or your consideration this its Ninety-First Annual Re­ port. Below is the personnel o£ the present Commission and the Counties comprising the seven districts. Sixth District John J. Snow _______________________ _______________________________ __ __ Hemingway, S. C. Darlington, Dillon, Florence, Georgetown, Horry, Marion, Marlboro, Williamsburg Seventh District Edward Wimberly _______________ _________ ________________ ________ St. Matthews, S. C. Calhoun, Lee, Lexington, Orangeburg, Richland, Sumter J?irst District Clyde F. Boland ________________ ____ ________ __ ____________ ____________ Charleston. S. C. Berkeley, Charleston, Clarendon, Colleton, Dorchester Second District Arthur D. Amick, Chairman ____________________ _______ _____ __Batesburg, S. C. Aiken, Allendale, Bamberg, Barnwell, Beaufort, Edgefield, Hampton, Jasper, Saluda Third District Guy Butler, Vice-Chairman _____ ______ ___ _____ _____________ __ __ Greenwood, S. C. Abbeville, Anderson, Greenwood, McCormick, Newberry, Oconee, Pickens J?ourth District 0. E. Bruce ----------------------------------------------------------------Green ville, S. C. Greenville, Laurens, Spartanburg, Union J?ifth District J. Lewis Moss ----------------------------------------------------------------------York, S. C. Cherokee, Chester, Chesterfield, Fairfield, Kershaw, Lancaster, York r- SOUTH CAROLINA PUBLIC SERVICE COMMISSION .... , I I I I DIRECTOR OF TELEPHON~, RATE BUREAU r-- SECRETARY - GAS AND WATER L- MOTOR TRANSPORT ELECTRICAL UTILITIES DIVISION DIVISION REPORTER '-- This report is divided into four sections as follows: PART !-Railroad and Express Companies, Freight and Ex­ press Rates, Motor Carrier Rates. PART II-City Bus Transportation, Gas Utilities, Telegraph Compames, Telephone Companies, Water Utilities. PART III-Motor Transport Division. PART IV-Electrical Utilities Division. 6 Part I RATE BUREAU PHYSICAL CONDITION OF RAILROADS Expenditures for maintenance of way and structures, reported by the South Carolina lines for the year 1968, indicate that the railroads serving the State are maintaining such properties in serviceable condition. The principal lines expended substantial sums for track materials, ballast, and :for track laying and surfacing. They installed 38,748 tons of new 132 pound rail, and 2,302,714 new treated wooden ties. Also installed during the year were 10,313 concrete ties. The smaller lines reported expenditures in this field apparently sufficient to maintain their roads in satisfactory condition to accommodate the traffic han­ dled over them. NEW EQUIPMENT Dnring 1968 the principal rail lines serving the State installed in service additional new equipment units. The Clinchfield installed 1 new diesel locomotive, 15 general service box cars, and 2 covered hoppers. The Seaboard Coast Line installed 25 new diesel locomotives, 738 general service box cars, 370 special service gondolas, 398 open top hoppers for general service, and 180 special service open top hoppers. The Southern Railway Company installed 30 diesel locomotives, 4,789 general service box cars, 84 special service box cars, 1,575 general service gondolas, 314 general service open top hoppers, 59 covered hoppers, and 278 special service flats. Some of the new equip­ ment installed in service was leased equipment, while other units were purchased outright by the lines. RAILROAD ABANDONMENTS AND EXTENSIONS In Finance Dockets Nos. 24959, 24960 and 24961, the Inter­ state Commerce Commission authorized abandonment of 7.47 miles of road of the Seaboard Coast Line Railroad Company, and its affiliates, between Bennettsville, S. C. and Gibson, N. C. With the merger of the former Atlantic Coast Line and the former Seaboard Air Line into the Seaboard Coast Line, an T alternate route between Bennettsville and Gibson was available via McColl. RAILROAD MERGERS In our last annual report we mentioned the pending applica­ tion before the Interstate Commerce Commission in Finance Docket No. 24880 of the proposed merger of the Piedmont and Northern Railway Company into the Seaboard Coast Line Railroad Company. During the past year the ICC has approved the application in question and the merger was accomplished as of July 1, 1969. RAILWAY OPERATING REVENUES, OPERATING EXPENSES, AND OPERATING RATIOS For the year ending December 31, 1968, South Carolina rail lines reported their operating revenues, operating expenses, and operating ratios, resulting from their operations in state and interstate commerce, as follows: Railway Railway Operating Operating Operating Reporting Company Revenues Expenses Ratio Carolina & Northwestern ____________ $ 4,212,304 $ 2,632,830 62.50 Carolina Western ------------------------- 24,024 49,442 205.80 Clinchfield Railroad --------------------- 30,328,254 18,593,006 61.31 Columbia, Newberry & Laurens 913,688 880,797 96.40 Georgia & Florida -------------------------- 2,317,968 2,260,666 97.53 Greenville & Northern --------------- 128,808 108,499 84.23 Hampton & Branchville ------------- 84,32-± 91,701 108.70 Lancaster & Chester -------------------- 637,885 430,505 67.49 Pickens Railroad ------------------------ -- 37,589 81,605 224.42 Piedmont & Northern ------------------ 6,693,736 3,703,728 55.33 Rockton & Rion * ------------------------ 33,175 33,396 100.67 Seaboard Coast Line -------------------- 432,193,481 342,902,936 79.34 Southern Railway ------------------------- 342,432,820 239,526,906 69.95 Ware Shoals ---------------------------------- 65,928 51,791 78.56 * The Rockton & Rion is a common carrier by railroad in South Car­ olina intrastate commerce only. The operating ratios are merely the percentage relationships of the operating expenses to the operating revenues. 8 RAILWAY TAX ACCRUALS Railway tax accruals o£ the South Carolina rail lines £or the year 1968, as set forth in their annual reports to the Commission, were as follows : Other than Total Railway All u. s. Govt. U. S. Govt. Taxes Railroad Tax Accruals Taxes All States S. C. Only Car. & N. w. ____ ______ $ 593,855 $ 479,476 $ 114,379 $ 28,003 Caro. Western -------- 5,200 3,052 2,148 2,148 Clinchfield -------------- 2,974,893 1,578,458 1,396,435 55,359 c. N. & L. ---- ------------ 82,337 38,365 43,972 43,909 Ga. & Fla. ------------ --- 323,445-R 382,827-R 59,382 4,392 Gr. & Nor. ---------------- 10,798 7,924 2,874 2,874 H. & B. ---------------------- 13,105 8,913 4,192 4,192 L. & c. ---------- ------------ 130,020 112,801 17,219 17,219 Pickens ---------------------- 13,967 13,455 512 512 P. & N. -------------------- 1,209,603 874,841 334,762 211,711 R. & R. ------------------- 2,302 979 1,323 1,323 Seaboard c. L. -------- 30,460,000 18,387,989 12,072,011 1,766,081 Southern ------------------- 35,580,322 22,575,760 13,004,562 1,506,298 Ware Shoals ------------ 5,325 4,373 952 952 R- Denotes red figure. The U. S. Government Taxes indicated income, old age re­ tirement, unemployment insurance and other United States Taxes. The South Carolina taxes include income, property, sales, gross receipts and license taxes. The sums under "All States", in some instances, include nominal amounts paid to the Governments o£ Mexico and Canada, not here separated £or lack o£ space. RAIL INCOME For the year ending December 31, 1968, seven (7) South Carolina rail lines reported deficits in "Net Railway Operating Income", and six (6) reported deficits in "Net Income after Fixed Charges and Other Deductions". Railway Operating Income is the result o£ operating the Company as a railroad, and reflects Railway Operating Income, less Railway Operating Expenses, less Railway
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