<%BANNER%>
HIDE
 Front Cover
 Letter of transmittal
 Table of Contents
 Introduction
 Canal traffic
 Canal operations
 Supporting operations
 Administration and staff
 Financial report
 Statistical tables
 Other statistics
 Back Matter
 Back Cover


DLOC PCANAL



Annual report
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Full Citation
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Permanent Link: http://ufdc.ufl.edu/UF00097367/00006
 Material Information
Title: Annual report
Spine title: Annual report of the Panama Canal Commission ( 1980-<1994> )
Physical Description: v. : ill. ; 24 cm.
Language: English
Creator: United States -- Panama Canal Commission
Publisher: Panama Canal Commission
Place of Publication: Washington, D.C.
Creation Date: 1980
Frequency: annual
regular
 Subjects
Subjects / Keywords: Periodicals -- Panama Canal (Panama)   ( lcsh )
Genre: Periodicals   ( lcsh )
statistics   ( marcgt )
federal government publication   ( marcgt )
serial   ( sobekcm )
Spatial Coverage: Panama
 Notes
Dates or Sequential Designation: Fiscal year 1980-
Numbering Peculiarities: Fiscal year ends Sept. 30.
General Note: Title from cover.
General Note: Vols. for 1992- distributed to depository libraries in microfiche.
General Note: Latest issue consulted: Fiscal year ended Sept. 30, 1998.
Statement of Responsibility: Panama Canal Commission.
 Record Information
Source Institution: University of Florida
Holding Location: University of Florida
Rights Management: All rights reserved by the source institution and holding location.
Resource Identifier: oclc - 07777425
lccn - 96645119
issn - 1936-5306
System ID: UF00097367:00006
 Related Items
Preceded by: Annual report, fiscal year ended ...

Table of Contents
    Front Cover
        Front Cover 1
        Front Cover 2
    Letter of transmittal
        Page i
        Page ii
    Table of Contents
        Page iii
        Page iv
    Introduction
        Page 1
        Page 2
        Page 3
        Page 4
    Canal traffic
        Page 5
        Page 6
        Page 7
        Page 8
        Page 9
        Page 10
    Canal operations
        Page 11
        Page 12
        Page 13
        Page 14
    Supporting operations
        Page 15
        Page 16
        Page 17
        Page 18
        Page 19
        Page 20
    Administration and staff
        Page 21
        Page 22
        Page 23
        Page 24
    Financial report
        Page 25
        Page 26
        Page 27
        Page 28
        Page 29
        Page 30
        Page 31
        Page 32
        Page 33
        Page 34
        Page 35
        Page 36
        Page 37
        Page 38
        Page 39
        Page 40
        Page 41
        Page 42
        Page 43
        Page 44
    Statistical tables
        Page 45
        Page 46
        Page 47
        Page 48
        Page 49
        Page 50
        Page 51
        Page 52
        Page 53
        Page 54
        Page 55
        Page 56
        Page 57
        Page 58
        Page 59
        Page 60
        Page 61
        Page 62
        Page 63
        Page 64
        Page 65
        Page 66
        Page 67
        Page 68
        Page 69
        Page 70
        Page 71
        Page 71a
        Page 72
        Page 73
        Page 74
        Page 75
        Page 76
        Page 77
        Page 78
        Page 79
        Page 80
        Page 81
        Page 82
        Page 83
        Page 84
        Page 85
        Page 86
        Page 87
        Page 88
        Page 89
        Page 90
        Page 91
        Page 92
        Page 93
        Page 94
        Page 95
        Page 96
        Page 97
        Page 98
        Page 99
        Page 100
        Page 101
        Page 102
        Page 103
        Page 104
        Page 105
        Page 106
        Page 107
        Page 108
        Page 109
        Page 110
        Page 111
        Page 112
        Page 113
        Page 114
        Page 115
        Page 116
        Page 117
        Page 118
        Page 119
        Page 120
        Page 121
        Page 122
    Other statistics
        Page 123
        Page 124
        Page 125
        Page 126
    Back Matter
        Page 127
        Page 128
    Back Cover
        Page 129
        Page 130
Full Text
S
~1


4 < "


PANAMA


CANAL


COMMISSION


FISCAL YEAR ENDED SEPTEMBER 30, 1980


UAL


RE


ORT






















Digitized by the Internet Archive
in 2010 with funding from
Lyrasis Members and Sloan Foundation













PANAMA


CANAL


COMMISSION


Balboa, Republic of Panama
OFFICE OF THE ADMINISTRATOR



FROM THE ADMINISTRATOR:


am pleased


to submit


first annual


report


of the Panama


Canal


Commission covering Canal


operations for fiscal year


1980.


During the


initial year under the new Treaty, the Canal organization continued to fulfill
its mission of transiting vessels safely and efficiently through the waterway.


In terms of transits and tonnage,


fiscal year 1980 was a productive year with


both categories showing significant increases over last year and tolls revenue


reached


a record


level.


These accomplishments reflect the efforts of the


dedicated and skilled employees who operate and maintain the Canal.


The dominant


factor


in Canal


traffic


growth


was


Increase


in the


volume of Alaska North Slope crude oil with grains and coal also continuing


to exert an increasing influence on traffic patterns.


These three commodities


represented about sixty percent of total Canal cargo movements during the


fiscal year.


Their influence on Canal traffic has been a primary factor in the


upward trend in large ships transiting the Panama Canal.
To expand Canal capacity and ensure the continued viability of the Canal


for the future


a number


capital improvements to the waterway were


initiated or continued during the year.


These improvements are designed to


facilitate the transit of vessels through the Canal and ease the navigational


problems in certain critical areas.


continued and
daylight-restrit


The installation of locks chamber lighting


,upon completion, will provide increased capacity to handle


cted


vessels.


Other programs provide for the widening and






The new


Treaty arrangement with the Republic of Panama, under which


the Commission operates, entered smoothly into effect at the beginning of


the year.


The sustained high level of performance by the organization over


the past twelve months is the best indication that the new arrangements are
workable. As foreseen, a number of problems of varying complexity arose,


proved


manageable.


The


binational bodies created by the


Treaty for


resolution of


day-to-day problems, such as the Coordinating Committee


and its subcommittees, are functioning and dealing with issues in a practical,


cooperative


way.


The


Commission's


binational


Board


Directors


meeting


on a regular


basis


made


substantial


progress


on the


resolution of policy matters pertinent to Commission operations.
The outlook for the immediate future is one of gradually increasing traffic


levels and a


greater


number


of large


ships.


Major planning efforts and


prudent


investments


equipment


personnel


needed


accommodate


these


changes


while


maintaining


customary


high


standards of performance.
Commission em loyees wil


As we look to the future, I am certain that the
I respond to new challenges with the same sense


of responsibility and loyalty that has prevailed in the past.


McAULIFFI


Administrator






















TABLE OF CONTENTS



PANAMA CANAL COMMISSION


Page


INTRODUCTION
ORGANIZATION
THE CANAL ...


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TOLLS RATES


PANAMA CANAL TREATIES
TREATY IMPLEMENTATION .
ORGANIZATION CHART....
BOARD OF DIRECTORS . .


. . . . . . . . . . . . . . . . . . . . . . . . .. 2


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. . " . .............................. . . . ""..


OFFICIALS IN THE REPUBLIC OF PANAMA
OFFICIAL IN WASHINGTON, D.C.......


555 *S~fft * m I4


CHAPTER I-CANAL TRAFFIC


TRAFFIC .....


COMPARATIVE HIGHLIGHTS OF OPERATIONS
COMMODITIES AND TRADE ROUTES . . . .


. . . .. . . . . . . . . . . . . . . . . . . . . . " . . 5
. . . . . . i . . " " " . . . . " " . . . . . . . . . . . . 7


CHAPTER II-CANAL OPERATIONS


TRANSIT OPERATIONS


ft * ~ **~ cc csm mes eft ll tt * *m sc sma a IfI fS~e * I


MAINTENANCE AND OTHER CANAL PROJECTS ..... . ..................



CHAPTER III-SUPPORTING OPERATIONS


EMPLOYEE SERVICES
LOGISTICAL SERVICES


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TRANSPORTATION FACILITIES
PUBLIC UTILITIES ...........
POLICE AND FIRE PROTECTION
CANAL PROTECTION.......
HEALTH AND SAFETY ........
LIBRARY-MUSEUM ..........


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CHAPTER IV-ADMINISTRATION AND STAFF


D r c /k kf E1 * CnIr1 f r Cr r 1 Ar 0 n tr A ,T nk D . rr A DF








CONTENTS


Financial Tables


Page


TABLE
TABLE
TABLE
TABLE
TABLE
TABLE


.-Balance Sheet


-Statement of Operations and Non-Interest-Bearing Investment


3.-Statement of Changes in the Investment of the United States


S.. .. 28


* toe**


.-Statement of Changes in Financial Position


-Statement of


Status of Appropiations.


.-Statement of Property,


Plant, and Equipment


................ . . 33
S.............. . . 34


Notes to financial statements


CHAPTER


S................... . . 35


VI-STATISTICAL TABLES


Shipping Statistics


TABLE
TABLE
TABLE
TABLE
TABLE
TABLE


6.-Panama Canal Traffic, Fiscal Years


-1980


7.-Commercial Ocean Traffic by Months, Fiscal Years


8.-Canal Traffic by Flag of Vessel,


05** *** 0* S~* t .46


1980 and


.. 48


Fiscal Year


9.-Classification of Canal Traffic by Type of Vessel, Fiscal Year


-Laden and Ballast Traffic by Flag of Vessel,


segregation


of Transits


Registered


Fiscal Year


Gross


Tonnage,


Fiscal


Year


TABLE
TABLE


-Principal Commodities Shipped Through Canal by Fiscal Years.


13.-Origin and Destination of Commercial Cargo


.. 58


Through the Panama


Canal from Atlantic to Pacific during Fiscal Year 1980 Segregated


by Countries in Principal Trade Areas ....


TABLE


14.-Origin and Destination of Commercial Cargo Through the Panama


Canal from Pacific to Atlantic during Fiscal Year
by Countries in Principal Trade Areas ........


980 Segregated


�.. ... . 68


TABLE
TABLE
TABLE


15.-Cargo


-Cargo


.-Important


Shipments by Trade Routes-Atlantic to Pacific
Shipments by Trade Routes-Pacific to Atlantic


Commodity


Shipments


Over


Principal


* 0~*~t*S* .
005500000*


Trade


Routes


Atlantic to Pacific


S..... . 85


TABLE


-Important Commodity Shipments Over Principal Trade Routes


Pacific to Atlantic..


TABLE


--Principal Canal Commodities by Direction,


Fiscal Year


.... . 103
..... 121


Other Statistics


TABLE


.-Water Supply and Usage..


S S S 5 S S S 0 4 0 5 5 5 S S S S S * 0 S 4 S 5* * 3


.


56


1980..........













INTRODUCTION

ORGANIZATION
The Panama Canal Commission is an agency of the Executive Branch of
the United States Government, provided for by the Panama Canal Treaty


of 1977
U.S.C.


, and established by the Panama Canal Act of 1979 (93 Stat.


3601


et seq.), enacted September 27,


1979.


The authority of the


President of the United States with respect to the Commission is exercised


through


Secretary


of Defense and


the Secretary


of the Army.


The


Commission


is supervised


a nine-member


Board:


five members are


nationals of the United States and four are Panamanians. Board members


who are U.S


nationals are appointed with the advice and consent of the


Senate.
The Commission was established to carry out the responsibilities of the
United States with respect to the Panama Canal under the Panama Canal


Treaty of 1977.


In fulfilling these obligations, the Commission manages,


operates,


maintains


Canal,


complementary


works


installations


through the Canal.


, and equipment, and provides for the orderly transit of vessels


The Commission will perform these functions until the


Treaty terminates on December 31


1999


, when the Republic of Panama


will assume full responsibility for the Canal.


The C
revenues,
interest,


commission


costs


depreciation,


is expected to
f operating and


capital


recover,


through


maintaining the


plant


replacement,


tolls
Canal,


other


including


expansion


and


improvements,


payments


Republic


Panama


public


services and annuities, in accordance with paragraph 5 of Article III and
paragraphs 4(a) and (b) of Article XIII, respectively, of the Panama Canal
Treaty of 1977. Revenues from tolls and all other sources are deposited in
the U.S. Treasury in an account known as the Panama Canal Commission
Fund. Appropriations for operating expenses and capital improvements
are enacted annually by the Congress and are limited to the sum of the


estimated


receipts


year,


plus


unexpended


balances






INTRODUCTION

Vessels transiting the Canal are raised in three steps to the level of Gatun


Lake
three


, the principal


The


ource of Canal water, then lowered to sea


three


Canal


are paired


evel again in


so as to permit


simultaneou
directions.


lockage of two


Since August 15,


vessels in the same direction or in opposite


1914, the official date of its opening,


the Panama Canal


has served world trade virtually without interruption.


Through thi


fiscal


year, a total of 582,235 vessels of all types have tran


sited with 483.739 or 83.1


percent of the total being of the oceangoing commercial class.


TOLLS


RATES


Panama Canal tolls rates were increased approximately 29.3 percent on


October 1


1979.


These rates remained unchanged through fiscal year 1980.


Tolls


rates


on merchant


vessels


, Army


Navy


transports,


tankers


, hospital


, supply


hips,


and yachts,


when carrying passengers


or cargo


$1.67 per net vessel ton of 100 cubic feet of actual earning capacity


(b) on


vessels in


ball


, without passengers or cargo


$1.33 per net


vesse


1 ton; and (c) on other floating craft


93 cents per ton of di


placement.


The tonnage of all vessels is determined in accordance with the


"Rules of


Mea


urement of Vessels for the


Panama Canal."


Vessel


the Governments of Panama and Colombia were given free


transit as


a transit


olely for repairs at Commi


ssion facilities.


PANAMA


CANAL


TREATIES


The new treaties governing the future operation,


defense


, and neutrality


of the Panama Canal were


signed in a ceremony at the headquarters of the


Organization


American State


in Washington,


D.C.


on September


The treaties


were approved by Panama in a plebiscite on October 23,


United


State


Senate gave


ts advice and


consent to


their


ratification in March and Apri


978.


On June 16


1978


the President of the


United States exchanged the instrument


of ratification in Panama with the


Chief


Government


, Brigadier


General


Omar


Torrijos.


The


treaties


entered into force on October


1979.


TREATY IMPLEMENTATION


The new


Treaty arrangement with the Republic of Panama under which


the Commission operate


entered smoothly into effect at the beginning of


t t1r��1nC ~r .un 2 L ..t 1r ..... at - ..naI~ ~ nn L. +Lrn n..nrh-. +4I nf at P


I

















































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BOARD OF


DIRECTORS


BOARD OF DIRECTORS


Honorable MICHAEL BLUMENFELD
Chairman
Assistant Secretary of the Army
(Civil Works)
Washington, D.C.


Honorable CLIFFORD O'HARA
Director of Port Commerce
The Port Authority of New
York and New Jersey


York, New


Honorable JOHN A. BUSHNELL
Deputy Assistant Secretary of State
for Inter-American Affairs
Washington. D.C.


Honorable J.


Honorable TOMAS PAREDES
Executive Director
Executive Bureau for Panama Canal
Treaty Affairs
Panama, Republic of Panama


W. CLARK


New Orleans, Louisiana


Honorable EDWIN FABREGA


Director General


Honorable RICARDo A.


RODRIGUEZ


Minister of Government and
Justice
Panama, Republic of Panama


Institute of Hydraulic Resources
and Electrification
Panama, Republic of Panama


Honorable WILLIAM


Poway,


IDELL


California


Honorable ROBERTO M.


HEURTEMATTE


Panama, Republic of Panama


Executive Committee


Honorable MICHAEL BLUMENFELD,


Chairman


Budget and Finance Committee
Honorable EDWIN FABREGA,
Chairman


Honorable JOHN A. BUSHNELL
Honorable CLIFFORD B. O'HARA
Honorable RICARDO A. RODRIGUEZ


Honorable J.


W. CLARK


Honorable CLIFFORD B. O'HARA
Honorable TOMAS PAREDES


Honorable TOMAS PAREDES


Personnel Committee


Honorable J


W. CLARK, Chairman


Long-Range Canal Improvements
Committee
Honorable EDWIN FABREGA, Chairman


Honorable ROBERTO HEURTEMATTE


Honorable J.


W. CLARK


Honorable WILLIAM SIDELL


Honorable CLIFFORD B. O'HARA


Honorable TOMAS


PAREDES


Honorable TOMAS


PAREDES


OFFICIALS IN THE REPUBLIC OF PANAMA


Administrator.


Deoutv Administrator


D. P. MCAULIFFE


...... FERNANDO MANFREDO, JR.


York














Chapter


CANAL


TRAFFIC


TRAFFIC

Fiscal year 1980 was another year of growth for Canal traffic and tolls


revenue, with most important elements again
gains registered were due primarily to sharply h
grains and coal during the second half of the
Total oceangoing transits increased to 13,61


reaching
higher ship
year.


I


4,


or 37.2


fiscal year, an increase of 4.3 percent from 13,056, or
previous year. Oceangoing commercial vessels accou
transits, compared to 12,935 such transits in fiscal year 19
or operated by the U.S. Government, free Colombian
vessels, and vessels arriving for repairs made 107 transit


compare
Vessel
44.7 per
greater.
transits,
beam tr
Transits
oceango
1979. In


record levels. The
ments of crude oil,


daily
35.8
hinted
79. V
and


y, during the
daily in the
for 13,507
essels owned
Panamanian


during the year,


:d to 121 transits in the previous year.
I size continued to increase during the year with 6,089 transits, or
cent of the total oceangoing transits, having beams of 80 feet or
In fiscal year 1979, 5,503 vessels, or 42.1 percent of the oceangoing
were in this beam category. More than half of the increase in large


ansi
by
ing
ter


commercial
in 1979 to 1


As a
Panam
levels.
above t
A


ts was by vessels with beams equal
vessels in this beam category totaled
transits, compared to 1,873, or 14.J
ms of Panama Canal net tons, the
transits rose 4.1 percent, increasing
3.485 tons in 1980.


result of
a Canal
Panama
the 1979
A 11


to or greater than 100 feet.
12,172, or 16.0 percent of all
3 percent, during fiscal year
average size of oceangoing
from 12,953 tons per vessel


the growth in the number of transits and size of vessels, total


net tons and tl
Canal net to]
level of 168.5
* /*t


he correspond
nnage, at 183.2
million tons. T
. -


r


lg tolls revenue reached record
million tons, was 8.7 percent
)lls revenue, including the 29.3
4 / n Af /^ J l 4 4*


Ft
r
h


1


n








CANAL


TRAFFIC


COMPARATIVE HIGHLIGHTS OF OPERATIONS

Fiscal year


Oceangoing transits:
Commercial ....
U.S. Government


13,507


12,935


Free.....


Total..


�........ 13,614


13,056


Daily average


Small transits:


Commercial .....
U.S. Government


* se..... ........ C C S *S* 4*SCC******
* . m C *4 * C C C C * C S S C C *CCC*CC mm..... *


Free...
Total


* S C C *SS*SC** . C * S*S*S**** C C *t***t*** S S C C C C
* C C *CCt*~Ce** S S * C * C C C C C S * S C C S C S CC*~*e*~ CCC


Total cargo:


Commercial


Government


Free . . . . . .
Total...


Total


Panama


Canal


net tons and reconstructed displace-


1,111



167,215,722
396,481


167,612,203


1,306


154,118,584
357,491
4
154,476,079


ment tonnage


183,173,120


168,477,425


Transit revenue:
Canal tolls ..


Tolls on U


Government vessels


Total . . . . . . . . . . . . . . .


Harbor pilotage, tug, launch,
Total transit revenue'.

I FY 1979 figures revised


and other


services'
*.C.C....


* CCC C *44*9
* C C CCC.a.~


$291,913,488
1,530,455
$293,443,943


41,717,532
$335,161,475


$208,453,332
1,068,544
$209,521,876


35,712,060
$245,233,936






PANAMA


CANAL


COMMISSION


COMMODITIES


AND TRADE ROUTES


Total Canal cargo movements increased 8.5 percent from


54.5 million


long tons in fiscal year


1979 to a record


167.6 million long ton


n fiscal


year 1980.


Shipments


petroleum


petroleum


products


accounted


28.3


percent of all cargo shipments.


Total shipments of th


is commodity group


increased


10.6


percent from the


evel of the previous year with the entire


increase due to a sharp rise in Alaska North Slope (ANS) crude petroleum


shipments i
totaled 22.1


moving


through


Canal.


ANS


crude


petroleum shipments


million long tons, an increase of nearly 40.0 percent from the


prior year.


Total crude petroleum shipments accounted for


74.5 percent of


this commodity
Canal compared


group,
to 30.0


with


35.3


million in


million


long tons


fiscal year


1979.


moving through the
Shipments of other


petroleum products, excluding crude oil, decreased 6.8


percent from 12.9


million long tons in fiscal year


1979 to


12.0 million long tons in


1980.


Grain shipments through the Canal continued to increase during the year,
reaching a record 30.4 million long tons, an increase of 10.1 percent from the


prior year.


This commodity group accounted for 18.1 percent of total Canal


cargo tonnage. Nearly half of the increase was due to a 24.0 percent rise in
wheat shipments from 5.3 million long tons in 1979 to 6.6 million long tons


in fiscal year 1980.


The remainder of the increase was mainly due to higher


sorghum and soybean movements. Corn shipments decreased
12.9 million lone tons in 1979 to 12.4 million long tons in


- ~ --- Sn


lightly from
1980. Grain


shipments


from the


United States to Asia constituted 73.9 percent of the


total


movement


commodity


group,


with


Japan


remaining


primary destination.


Shipments of coal and coke increased 22.3 percent during fiscal year


to 17.0


million


long tons,


shipments accounted for 10.1


highest


level


in five years.


percent of all cargo shipments.


Coal and


coke


The surge in


coal


movements,


which


occurred


during the


latter part


of the year,


was


primarily due to increased shipments from the U.S. East Coast to Japan as a
result of the Australian coal strike and the seeking of alternative supplies by
Japanese buyers.


Most


other


major


Canal


commodity


movements


registered


increases


during the year, with the exception of two commodity groups, manufactures
of iron and steel, and lumber and products. Shipments of iron and steel, at
"7 A ,n; 1 ;I nn lr arta *njnrf- ,nv.naaA . .. Z .---- - 1-_-_i_- - -1 1. 'I w �


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------- --


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CANAL


COMMISSION


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Chapter


CANAL


OPERATIONS


Canal operations are comprised of Transit Operations and Maintenance


Other


Canal


Projects.


The


various


functions are


divided


among a


number of operating bureau


TRANSIT


within the Canal agency.


OPERATIONS


Daily average transits by oceangoing vessels increased from the 35.8 per


day during fiscal year 1979 to 37.2 per day during fiscal year 1980.


Average


time


Canal


waters


increased


from


24.0


hours


fiscal


year


1979


to 34.9 hours in fiscal year 1980.


Percent


Percent


Vessels
of 600-foot
length and over


Fiscal rear


of total
oceangoing
transit


Vessels
of80-foot


beam and


of total
oceangoing


over


tranrs it


4,598
4,089
3,842
3,012


6,089
5,503
5,200
4,254
1,052
4,010


The number of vessels transiting at more than 36-foot drafts increased


11.6


percent


during


1980


with


2.128


vessels


transiting


Canal


compared to 1,906 last year. Draft allowed transiting ves


year was maintained at 39 feet 6 inches with no


The rise in percentage of vessel


sels throughout the


ubstantive changes.


of 80-foot beam and over resulted in an


increase in


tug jobs and


total tug operating hours.


This upward trend is


reflected in the following table:


3,07








CANAL


OPERATIONS


FY~� 1


wed
a..






PANAMA


CANAL


COMMIS


SION


MAINTENANCE


AND


OTHER


CANAL


PROJECTS


During fiscal


year


1980


a rock dike wa


designed and constructed


protect


east


Thatcher


Ferry


Bridge.


ome


degree


protection was provided in 196


the two piers adjacent to the channel.


when rock dikes were constructed around


Pursuant to a second study in


determination


made


that


existing


muck


rock


dikes


would


protect the bridge pier


at almost any angle of approach by a ship of up to


35-foot draft.


In May 1980,


as a result of the Tampa Bay Bridge catastrophy


the pier protection was reassessed using new criteria and the conclusion was


reached


that a similar accident could


conceivably


occur at


Thatcher


Ferry


Bridge.


Remedial


action


was


taken.


The


west


requires


protection unless the Canal channel is widened.
The feasibility of developing additional anchorage area in Gatun Lake on


Atlantic


was


analyzed.


The


result


tudy


indicated


that


expansion
economical


existing


method


anchorage


increasing the


was


most


capacity


practicable


holding area.


The


project was divided into two parts,


Phase I and Phase II


each d


fined by a


strip 700 feet wide at the east and west perimeter of the existing anchorage.


Since adequate depths were available in these areas,


approximately 1,000 tree


blasting and clearing of


to 50-foot depths was initiated in September and


completed


October.


The


expanded


anchorage


is approximately


percent larger.


Additional expansion wil


be studied during fisca


year 1981


The design and


specifications


high-mast light poles on the east,


center, and west walls of Gatun Locks were completed


high intensity lighting is expected to be completed


Installation of the


n January 1982 and wil


provide Cana


pilot


better visibility when


transiting wide beam


night.


Similar lighting was installed at Miraflores


Locks last year.


The visible structure


sunken


of the wreckage of the


Tirona and


Quidnet,


vessels located in Gatun Lake and Limon Bay, respectively


two
were


removed from Canal water


by Commission forces with the aid of 317th


Special Forces Group personnel during the year.


were separated fr
Army personnel.


om


The above water portions


the underwater wreckage with explosive charge


Using the crane US Goliath, the sections were lifted and


placed in deeper water, out of sight.


V.- .


i.0*


*�r nr u- n a... S I----------- --U .----* Cl U d






CANAL


OPERATIONS


In fiscal year 1980, a new method was developed to repair the locomotive


tow track.


The


procedure,


called


"alternate tie method"


consists of


removing and replacing alternate ties together with sections of the concrete
foundation thus permitting the track to be repaired without taking it out of


service.


Trials of the new method have proven successful and the procedure


will become the standard track repair technique to be used in the future.
During fiscal year 1980, efforts were continued to achieve more effective


control of aquatic weed


in Gatun Lake and the lower Chagres River


evaluation of the water hyacinth moth,


which was introduced during fiscal


year


1978


was still


ongoing.


To date


, positive test results have not been


obtained.


A remodeled control test facility has been provided as an insectary


to receive the Sameodes albigutallis moth in early fiscal year 1981


This is


expected to facilitate future evaluation of the effectiveness of the moth.


The


only


recorded


observation


Chinese


grass


carp,


White


Amur


during the year was in the Gatun


Third


Locks area.


At that location, a


significant change in hydrilla growth was experienced during the year due to


the feeding of the fish.


While the observations indicate the effectiveness of


the White Amur in controlling hydrilla in a small body of water, definitive


results


have


yet to


be obtained


from their stocking in


Gatun


Lake.


The


testing and evaluation of various
also continued during the year.


; chemical products on aquatic weeds was
Results have shown that several products


have


application


possibilities


in the Canal Area.


For the most


part,


experiments


were conducted


in conjunction


with


private chemical firms


and/or the U.S.


Army Corps of Engineers Waterways Experiment Station


(WES),


Vicksburg,


Mississippi.


Further testing will be accomplished during


fiscal year


1981.


Work


continued


on the


Panama


Canal


Dam and


Spillway


Inspection


Study initiated in fiscal year 1977 by the Mobile District of the U.S.


Corps of Engineers.


Army


The Corps completed Phase I of the study in fiscal year


977 involving the inspection of Miraflores Spillway, Gatun Dam,


Dam


, the major saddle dams of both Gatun and


Madden Lakes


Madden
and the


Gatun


Pedro


Miguel


Locks


facilities.


Phase


which included


reappraisal of the Probable Maximum Precipitation (PMP) by the National


Weather Service, was completed in fiscal year 1978.


During fiscal year 1979,


the Corp


devoted effort


to Phases III and IV of the project dealing with a


qtildv of a new flood hvdroeranh for the Madden and Gatun basins and the














Chapter


SUPPORTING OPERATION]




Supporting operations of the Panama Canal provided e


services to the operation of the waterway,


NS


sential support


as well as to other U.S. agencies


on the Isthmu


and to employees and their dependents.


These operation


included Employee Services,


Logi


tical Services,


Transportation Facilitie


Public Utilities


Police and Fire Protection


Cana


Protection


, Health and


Safety, and


Library-Museum.


EMPLOYEE SERVICES


During


fisca


year


Commission


provided


hou


sing,


care


grounds,


refuse disposal, and buildings management service


for the agency,


its employees


their


dependents;


off-duty


recreational activities and


facilities


and emergency preparedness


program


related to civil defense.


The


ivability program,


which permits certain improvements to quarters


employees,


as well


as the


installation


vinyl


siding


on composite


quarters and exterior and interior painting of quarters were continued as in
previous years. Physical security improvements to quarters were accelerated
during the year. Additional parking slabs were constructed in townsites to


provide off-the-street


parking,


thus


reducing congestion in critical areas.


The Commission also administered and maintained five swimming pool
and one gymnasium.


V fl r. 'I .u t� r. r nN n .r , w� nr rn






SUPPORTING


OPERATIONS


a total value of $1.8 million; a second to a Japanese firm for the construction


of, four


locks


towing locomotives and additional major components for


delivery in early 1982, at a total value of $4.8 million; and a third for a diesel-
powered, conventional drive harbor tugboat with flanking rudders and Kort


nozzles,
million.


to be constructed in Louisiana and delivered in 1981 at a cost of $3.8


A new computerized


on-line inventory management system was


implemented


to control


the Commission':


38,000


item, $18


million


standard stock inventory. Significant changes driven


by the


Treaty were


experienced in the areas of procurement preference to Panama and heavy


property transfers and


excess disposal activities.


Total


procurements of


goods
year.


and services were over $71 million, up from $63 million the previous


TRANSPORTATION FACILITIES


The


Panama


Canal


Commission'


transportation


facilities


included


motor vehicle fleet


, and an oceangoing general cargo vessel (SS Cristobal.)


The


Motor


Transportation


Division


operates


maintains


consolidated


motor


pool


designed


to meet


vehicular transportation


requirements of the Commission.


year 1980,


The vehicle fleet numbered 719 in fiscal


with vehicle mileage dropping from 9,174,000 in fiscal year 1979


to 7,048,000 miles


in fiscal


1980.


The vehicle inspection facilities located


within


Motor


Transportation


Division


areas


were


used


Government of Panama to conduct inspections of privately owned vehicles
and by the Motor Transportation Division to perform Commission vehicle


inspections. Fully equipped shops,


including a tire retreading plant, provide


facilities for maintenance and repairs to


both


the Motor


Transportation


Division fleet and special equipment, and vehicles and equipment belonging
to other Commission units.


The


necessary


logistical


support


for the Commission and


other


U.S.


agencies


continued


during


fiscal


year


1980


with


completion


of 24


regularly scheduled round-trip voyages by the SS Cristobal between New


Orleans and the port of Cristobal in Panama.


Cargo volume carried by the


Cristobal in fiscal year


1980 amounted to


103.597


measurement tons


compared


decrease of 36


162,586
percent.


measurement


The reduction


tons


carried


fiscal


year


1979


was primarily due to a 63 percent


decrease in Commission cargo and a 58 percent decrease in employee cargo






PANAMA CANAL COMMISSION 17

Total Canal Area energy demand during fiscal year 1980 was 567 gigawatt


hours, a


12.0 percent decrease


from the 645 gigawatt hours used last year


The peak hourly demand of 93 megawatts reached on May 5,


1980


was 8.8


percent below the peak of 105 megawatts in


the prior year


Agency-wide


energy


consumption


in fiscal


year


electrical


power


calculated


conservation
consumption


together in


baseline


BTU':


period


Commission


was reduced


fiscal


operations,


19.4
year
71.6


percent from


1975.


gigawatt


Electric


hours,


the energy


power


was


percent


below the


corresponding fiscal year


975 level


fuel consumption


(excluding fuel for power generation),


5.6 million gallon


was


27.6 percent


below fiscal


year


. Tota


mileage for


Agency-wide operation


was 8


million less than for the fiscal year


baseline.


response


reduction for federal


a Presidential


Directive targeting a 5.0


agencies during the period Apri


197


percent (
9-March


energy


1980


Commission
consumption


electrical


was


power


reduced


was


percent


reduced


below


percent


prior


year


levels.


These


performance figures translated to a total BTU


reduction of 8.6 percent in


relation to the short-term Presidentially directed baselines.


The


water


treatment


distribution


teams


operated


Commission


provide potable


water for the Canal Area and areas of the


Republic
Panama


Panama.


City,


The


Pacific


and suburban areas


side


system


serves


Cana


Area


and the separate Atlantic side system


serves the Canal Area


year 1980,


, the city of Colon,


the two systems supplied


and suburban areas. During fiscal


2,929 million cubic feet of potable water


consumers, a decrease of about


2 percent over the previous


year.


Water Consumption by
(Millions of cubic feet


Canal


Areas


Area


Panama City and


suburbs


1,536


1,486


Colon and suburbs


Vessels.. ......
Total...


* . bbs...... SI***S** . *....... *bbt S S S Stbs*~sS . .555 *0t
5....... St...... S * S * S 5tt*b~9U *5** * 5t*t** S. * * S * * * S S *


2,929


18
2,980


The water provided to Panama City


n fisca


year


980 wa


4.0 percent


above fiscal vear 1979 consumption and averaged 31 5 million opalln


. . .* I


Fiscal


vear






SUPPORTING OPERATIONS


At the beginning of fiscal year


1980, the dual jurisdiction concept and


joint patrol with the


Panama National Guard took effect.


This transition


has been smooth and effective.
The inmate population at the Gamboa Penitentiary declined during the
year due to expiration of sentences, paroles, and the absence of new inmates


coming


into


system.


The


lack


new


inmates


can


be attributed


Panama taking over criminal jurisdiction in the case of most Panamanian


citizens.


The implementation of the Prisoner Exchange Treaty was effected.


Concurrent with the end of the fiscal year, the Gamboa Penitentiary ceased
its correctional function and the Penitentiary personnel were reassigned and


their positions abolished.


Twelve inmates were transferred to the Republc of


Panama, 24 were transferred to federal penitentiaries in the United States


and 8 inmates are completing their sentences (in most case
months) in Commission district jails.


less than six


During fiscal year


1980,


335 persons subject to


U.S.


jurisdiction


were


arrested compared to 2,923 persons arrested in fiscal year 1979. A total of


1,017


persons subject


Panama jurisdiction


were arrested in the Canal


Area and handled by Republic of Panama authorities.


The


Panama


Canal


Commission


Fire


Division


is responsible


for fire


protection,


firefighting


rescue


operations


in Canal


operating areas,


defense sites, civilian and military areas of coordination,


and shipboard fire


fighting on all vessels in Commission waters. There were 770 fires (excluding
ships) in fiscal year 1980, causing a loss of $247,988 compared to 1,034 fires


resulting in a loss of $193,534 in fiscal year


1979.


There were 13 ship fires during the year versus 14 the previous year. Ship


fire lo


sses


in 1980 were $512,195 compared to $194,650 the year before.


CANAL


PROTECTION


The


Canal


Protection


Division


provides


protection and


physical


security for vital installations and related activities of the


Panama Canal


Commission through the prevention and detection of sabotage, theft and
pilferage; and the prevention of unauthorized use of Government property,
equipment and facilities.






PANAMA


CANAL


COMMISSION


HEALTH


AND


SAFETY


Prior to implementation of the Panama Canal Treaty on October 1, 1979,
the Health Bureau of the Canal Zone Government was responsible for the
operation of a comprehensive health care delivery system which provided


treatment and


related


services


to Panama


Government employees and their families,


Canal Company/Canal Zone
to military personnel and their


dependents,


Department


Defense


civilian


employees


their


dependents and to certain other categories of eligibles residing in the Canal


Zone and the Republic of Panama.


That system included Gorgas and Coco


Solo Hospitals, the Canal Zone Mental Health Center, Palo Seco Hospital
for the treatment of Hansen's Disease, and the divisions of Public Health,
Veterinary Medicine, Sanitation and Mental Health. In connection with the


treaty,


however,


October


(MEDDAC),


operation


U.S.


1979,


Panama,


health
Army


a Department


care


system


Medical
Defense


assumed


Department
organization


Activity


operation of Palo Seco Hospital, as well a


Community Health Centers,
Government of Panama.


the Rainbow City and Paraiso


was assumed by the Ministry of Health of the


October


1979,


Office of Health and


Safety was established


within


new


Panama


Canal


Commission


with


responsibility


agency's environmental sanitation, occupational health, industrial hygiene


and safety, and zoonotic disease control programs.


The Office of Health and


Safety is also responsible for maintaining close liaison with MEDDAC on
all matters pertaining to the health care provided Commission employees,
their dependents and others sponsored by the agency. In addition, the Office
provides liaison with components of the Department of Defense, other U.S.


Government agencies and appropriate officials an
Government of Panama relative to health matters.


During fiscal year
care delivery system


Army
public
nature


organizations of


1980, significant changes in the Atlantic area health


were announced and


later implemented by the U


Medical Department Activity (MEDDAC), Panama.


briefings


media coverage were developed


changes


(principal


which


was


A number of


which outlined


closing


Obstetric/Gynecology Service at Coco Solo Army Hospital), the rationale
for the changes and the positive aspects of the new system.






SUPPORTING


OPERATIONS


more


comprehensive


occupational


health


care


services


to Commission


employees.


Despite inordinate personnel turnover,


organizational restructuring, and


uncertainties


post-treaty period,


the agency's disabling injury


frequency was reduced from 7.72 per


million man-hours worked in fiscal


year 1979 to 5.58 in fisca
safety by management.


year 1980,


reflecting the major emphasis placed on


LIBRARY-MUSEUM


The


Library


-Museum


responsible


providing


information


research service to the Panama Cana


special


library


museum


collection


Commis


sion and for maintaining a


on Panama


Canal


history


addition,
employee


is responsible for providing public library service to Commission


and their dependents,


to U.S


Forces and their dependents and,


to the extent possible,


other Isthmian residents.


The circulation index increased from 705.0 in fiscal year 1979 to 715.4 in


fiscal year


980.


The reference index decreased from 28.3 in fiscal year 1979


4.7 in fiscal year 1980.


Total items in the library increased from 254,800


to 258,500.
















Chapter


IV


ADMINISTRATION


FORCE


AND


PERSONNEL
EMPLOYED AND RATES


STAFF


PAY


At the end of fiscal year 1980, the total Isthmian force of the Commission


was 8,62(
Governmc
full-time j
there wer
Isthmus.


Compared to
:nt employees ii
permanentt and
e 10 military
Seventy-four p


12,8
n Fisc
1,027
perso
erson


Commission in New Orleans


85 Panama Canal
al Year 1979. Of the
were part-time and
nnel assigned to tl
s, all U.S. citizens,
tnd Washington, D.


Company/Canal Zone
total in 1980, 7,599 were
temporary. In addition,
he Commission on the
were employed by the
.C.


Approximately


2 percent of


the total Ist


1


ian force is comprised


Panamani
percent ol
Wage Bas
the Isthm
Positions


October
on or aft
hired int
table sh


O


* a - S


ians 4 percent of third co
f U.S. citizens. Rates of :
e for occupational category
us prior to October 1, 1
normally filled by recruit
, 1979; on a Panama Area
r October 1, 1979; and on a
Critical Skill Occupation
ws the Commission per


citizenship and wage base, excluding


unt
iay
ies


979


ry nati
were c
which
; ona
A,


im
on
est;
we
U


als; and the re


abli
re f
.S.


ment Irom the
Wage Base for e
Critical Skill W,
s after October


shed on a
killed by rec


Main
Cana
ruitm


Wage Base for
United States pr
employees hired 1
age Base for emp
1, 1979. The foil


manent full-time Isthmian
g student assistants:


ing 24
I Area
ent on
those
*ior to
ocally
loyees
owing


force


Fiscal Year 1980


Canal Area Wage Base
U.S. Wage Base......
Retained U.S. Wage BT
Panama Area Wage Ba
Critical Skill Wage Bas
T ._ -I r-..II 6:_--


ase . . . . .
Ise . . . . .
;e . .. . a ..
n .-- -- -


**t****** a.... S S **t*aa*at S S *
* S S * * S S S S S SSSe*~*Sa S tbtSa9a~
*t*t**** a ~ * S*SSSSS .....,... S


I


r* S Stot


**S***** S S 55555559


U.S.
124
1,636
101
22
12
1 OflCf


Non-
U.S.
3,921
1,370
257
127
29
I f


Total
4,045
3,006
358'
149
41
- me.^


I


[
Li


1
1


!


I







ADMINISTRATION


AND STAFF


EQUAL


OPPORTUNITY


PROGRAM


At the conclusion of fiscal year


1980, the Office of Equal Opportunity


completed


seventh


year


operation.


While


the agency work force


decreased in size upon entry into force of the Panama Canal Treaty of 1979,


the case load


of equal opportunity complaints remained generally at the


same ratio in proportion to the size of the work force as follows:

Fiscal year


Formal EEO Complaints...... ........... ........ . . .
W ork Force . . . .. . . . .. . . . . . . . . . . . . . . . . .. . . .. . . . . .
Proportion of Formal Complaints Filed Versus Work Force


8,400
1:500


14,200
1:675


The factor of race/color continued to be the major factor and basis of the


formal complaints filed.


Complaints filed on the basis of sex reflected a


modest decrease between fiscal year 1979 and fiscal year 1980 and cases filed


on the basis of national origin remained unchanged.
complaints filed on the basis of factors follows:


A breakdown of the


Fiscal Year


Factor


Race/Color ...........
Religion ......... . ...
Sex ............... ..
National Origin .......
Age ..... .......... .
Handicapping Condition
Citizenship ............


* * * * S * *Sg*ett* * S * * *S**SS*S S S *eSe*#*#te
* C S S *t**'*SP S S S 555555CC~**t** S S S S SOOCS
gee SC*teeee * * S S S S SO S S S S C S C S S S S S tOSS 095


Total .


In December


1979, the Administrator issued a policy statement on equal


opportunity wherein he extended


to the non-U.S.


citizen employees and


applicants for employment the rights and privileges of EEO Programs. The
Equal Employment Opportunity Act of 1972 excludes aliens outside of the


United


States.


With the entry into force of the


Panama Canal Treaty on


October


1979 and cessation of the Canal Zone on that date


the United


States


longer


retained


jurisdiction


Canal


Area.


The


Administrator's


statement assured non-U.S.


citizens the right


, privileges,


.1 - ~1_. rrPt 1 -. - . -- i.---- . -., 4






PANAMA


CANAL


COMMI


SSION


prohibited mode of conduct under all circumstances relating to employment


the agency and


that


complaints due


to sexual harassment


would


processed by the Office of Equal Opportunity.

The number of females in the work force decreased dramatically between


fiscal year


979 and fiscal year 1980 as a result of the transfer of function


Department


of Defense of


organizations occupied predominantly by


females.


Fiscal


Iear


Fiscal


Males ..
Females


* . . . . . . P..


Total


8,381


(100.0%)


11,764
2,460
14,224


(17.3%)
(100.0%)


Sharp


changes


agency'


minority


groupings


Blacks


Hispanics were al


o noted upon entry into force of the


Treaty a


follows


Nlacks


Fiscal


year 1980


Fiscal year 1979


2,421
(28.9%)
4,907
(34.5%)


Hispanics
4,122
(49.2%)


6,202


Indian
Cultures


0.2%)


Oriental


1.3%)


Others


1,719
(20.4%)


2,916


1.2%)


Total


(100.0%)
14,224
(100.0%)


These


changes


occurred


as a


result


termination


services


performed


Government;


e.g.,


organizations to the


former


railroad


Panama


, terminals,


Canal
piers,


Company/Canal


etc.: and


Department of Defense; e.g., schools,


Zone


ie transfer
hospitals, e


In addition
Panamanian


, the Office of Equal Opportunity in its role to monitor the


Preference


Program studied


the agency'


optional turnover


rate as an indicator for future planning needs for the staffing and training of


Panamanians.


The study


reflected


that


rate


optional


retirements


remained generally unchanged between fiscal year 1979 and fiscal year 1980.


U.S.


citizens


and Third Country Nationals,


on the other hand, were availing


themselves of the liberal retirement provisions of the Panama Canal Act as


reflected in the following high optional retirement turnover rate


for the two


groups:


year


-� �







ADMINISTRATION


AND


STAFF


INDUSTRIAL


During fiscal year 1980,


RELATIONS


the Panama Canal Commission embarked on a


new


provisions
Service Rt


unique


course


federal


form Act


in labor-management


labor
of 1978


management


relations


relations.


The


included


statutory
the Civil


were made applicable to the Panama Canal


Commission. In addition,


the Panama Canal Act of 1979 extended the same


statutory


provisions


to include


non-U.S.


citizen


employees


Commission.


This


latter action is unique in


the history


of U.S.


Federal


Service labor-management relations.


In application of these new statutory


requirements,


Panama


Canal


Pilots


Association,


March


1980


became the first labor union to be certified as an exclusive representative in


Commission.


The


Federal


Labor


Relations


Authority


held


Representational Hearing in April 1980 to determine the remaining units
within the Commission and direct elections which will enable other unions
to obtain exclusive certification for employees in the Commission.














Chapter


FINANCIAL RE



FINANCIAL


:PORT


STATEMENTS


FOR


THE


FISCAL


YEAR


ENDED


SEPTEMBER


1980


The United States of America and the Government of Panama signed the


Panama


Canal


Treaty


1977


and a


Treaty Concerning the


Permanent


Neutrality and Operation of the Panama Canal on September


1977


The


Treaties were ratified by both countries and entered into force on October 1


1979.


The Panama Canal Act of 1979 (Public Law No.


the Congress of the United State


legislation


necessary


on September 27,
implementation


96-70) wa


1979.


passed by


Act provided


Panama


Canal


Treaty of 1977 and for the operation and maintenance of the Panama Cana


under the


Treaty.


This Act also established the Panama Cana


as an appropriated fund agency and instrumentality of the


1 Commission
United States


Government.


Operational


capital


funds


Panama


Canal


Commission are specifically authorized and appropriated by law and no
funds may be obligated or expended for any fiscal year until so authorized.
The Panama Canal Treaty of 1977 resulted in liquidation of the Panama


Canal Company and the Canal Zone Government,


effective September 30,


1979.


At liquidation,


$84.2 million of fixed assets at net book value and $0.7


million of


other assets were transferred at no cost to the Government of


Panama.


At the same time


$34.9 million of fixed a


sets and $1.4 million of


other assets were transferred to other government agencies at no cost.


iouidation. .


unexnended halances of the annrnnriatinn arrm intc f th.


,LL


&






FINANCIAL


REPORT


Fund) $455.5 million, including $71.3 million of unexpended Panama Canal
Company funds, and $384.2 million of receipts derived from tolls for the use
of the Panama Canal and from all other collections of the Panama Canal


Commission.


During fiscal year


1980,


the Congress of the


United States


(96th Congress, Public Law No. 96-131) appropriated to the Panama Canal


Commission


$427,262,000 for


operating expenses (including payment of


obligations of the predecessor agencies) for the fiscal year and a further
amount of $36,625,000 for the capital outlays of the Commission. On July 8,
1980, the original appropriation for operating expenses of the Commission
was reduced by $104,000, resulting in a net appropriation for Commission
operating expenses for fiscal year 1980 of $427,158,000. Of this amount, the
Commission obligated (including obligations of the predecessor agencies)
an amount of $407.3 million and will return to the U.S. Treasury the amount


$19.8


million.


capital


outlay


appropriation


provided


to the


Commission, $33.1 million were obligated during the current year, with the
balance of funds being retained by the Commission for obligation during the
subsequent fiscal years.
The financial statements of the Panama Canal Commission, appearing as
Tables 1 through 6, with accompanying notes, present the financial position
of the Commission at September 30, 1980 and the results of its operations
for the fiscal year then ended.


The accounts and


statements of the


Panama


Canal Commission have


been examined by the General Auditor of the Commission and by the U.S.


General


Accounting


Office.


Detailed


audit


reports


U.S.


General


Accounting


Office


are directed


Congress


are presented


Congressional documents.
Summary information concerning operating results and capital expendi-
tures follows.


RESULTS OF OPERATIONS


Net revenue from operations amounted to $2.7 million.


This amount is


payable


to the


Government


Panama


pursuant


to the


provisions


paragraph 4(c) of Article XIII of the Panama Canal Treaty of 1977 subject


to the limitations set forth in Chapter 3, Subchapter V


. - a r, r..w A , , +~ ,S, in-n tnn1: T 7.,itr r A


Section 1341(e) of
I, WA I a -- * %, m0 Os fl f l


rr.






PANAMA


CANAL


COMMISSION


PRICE-LEVEL


ADJUSTED


STATEMENTS


The


balance


heet


statement


operation


presented


on the


conventional basis of historical costs are also separately presented to show


the impact


of inflation on the balance sheet and the results of operations.


These


price-level


statements,


accompanied


an explanation


methodology of their preparation, follow the notes to the regular financial
statements.







FINANCIAL


REPORT


Table 1.-Balance Sheet


Assets
PROPERTY, PLANT AND EQUIPMENT:


At cost (Note 2b)


$843,465,642


Less accumulated depreciation and valuation allowances (Notes 2d,


and 4) ...


384,231,884
459,233,758


CURRENT ASSETS:
Fund balances and cash (Note 5):
Operating fund:


Obligated .


Unobligated to be returned to the U.S.


Treasury (Table 3)


Capital fund.
Postal fund..


Trust fund


Cash receipts for deposit


into U.S.


Treasury


76,894,964
19,842,317
20,186,122


1,360,268
1,661,600


120,132,055


Accounts


receivable


allowance for doubtfu


accounts of $705.648


(Note 2e).....


Other receivables (Note 6


Inventories, less allowance for obsolete and excess inventory of $48


(Note 2f)


Other current


assets . . . . . . . . . . . . . . . . . . . . . . . . . . * * * * * * * * * * * * . .


21,961,458
5,153,925
27, 115,383





25,743,294

1,510,079

174,500,811


OTHER ASSETS:
Deferred charges:


i 86,784








PANAMA CANAL COMMISSION


September 30, 1980




Liabilities
INVESTMENT OF THE UNITED STATES:
Invested capital:


Interest-bearing (7.096%)
Non-interest-bearing....


Note 7)


$148,246,061
236,530,780
384,776,841


Current budgetary accounts:
Obligated operating funds
Obligated capital funds ..
Unobligated capital funds


CURRENT LIABILITIES:
Accounts payable:


Treasury-Unobligated operating funds to be returned


Government agencies (Note 8


Government of Panama
O ther...............


* St******A A * * 'AS S'S
* *5*5* StAt* C S ***8* S


Table 3)


* I AI ASS S A


Accrued liabilities:


Em ployees' leave .... ....... . .. ....... . . . . . .... . .
Salaries and wages ........ ... ............. ... . ..... ..... ..


Retirement


benefits


agencies (Note 2g)


Employees' repatriation


to certain


* * . S A A S
A*S A * 5*


former
* S C S * S S
. . .O. . .


employees
. .. A S .S C A S
.C. S S A . . S C


Claims for damages to vessels (Notes 6 and 9) ....
Earnings payable to Government of Panama (Note


Other...


of prede


cessor


* A S A S S S S * S S S S
* * *955 5**e*~t


10)


* S S S A S * S S *
* A* S S S S C SC


76,894,964
16,630.877
3,555,245
97,081,086
481,857,927





19,842,317
13,972,693
7,004,420
6,468,939
47,288,369


32,814,578
4,339,009


1,613,000
2,534,616
30,272,398
2,699,181
2,114,577
76,387,359


Other current liabilities:


Capital factor


Note


6,909,190


Other.


OTHER LIABILITIES
Retirement b


AND RE
benefits


agencies (Note 2g)


A


SERVES:


to
t C C .


Employees' repatriation ..


certain
S* *AS S
. . . . .


former
. S ��....
. * 555w SW . .


employees


* SA A I * *
* S S S S S S


of pred


ecessor


* S S S S S S *SSAS S.
* S S S 54*****b~ S


1,369,035
8,278,225

131,953,953



11,799,000
8,188,000


*







FINANCIAL REPORT


Table 2.-Statement of Operations and Non-Interest-Bearing Investment


Fiscal Year Ended September 30,


1980


OPERATING REVENUES:
Tolls (Note 2a)........
Capital factor (Note 2c)
Net tolls revenue . ...


$293,443,942


(6,909,


286,534,752
82,874,355
369,409,107


Total operating revenue


OPERATING EXPENSES:
Payment to the Republic of Panama (Note


Public services
Fixed annuity.


* * * . . ....***g.t. . .*"....e. ..... ..... ... 9. . .. .. .


Tonnage


Maintenance of channels


and harbors


Navigation service and control .
Locks operation . ..........


*.c.c .e ... ..........*..S.ttt t.U * . C
* .C....*. t......, ee. a........ C
*. *.... * * ... W.........t..tt4


10,000,000
10,000,000
54,952,599
74,952,599

29,279,427
55,169,624
31,485,789


General repair, storehouse, engineering and maintenance services
Transportation and utilities ... ............. .. .. .


8,522,796


36,235,740


Housing operations.......
General and administrative


Interest
Other..


.e . m e.... a. a. a..
.*...............


Total operating


NET REVENUE


Note 10).


~e ~ t~t * C * *C tC * *g **C ete C S C S8,1


*. .. . ... ...m.. .. .. .......... CCC I t SC SS t CC * 4
* 4. ta ...... *. .......C*S ..S ...... C .....


expenses


78,834


70,179,784
11,938,624
40,766,709
366,709,926


2,699,


INVESTED CAPITAL NON-INTEREST-BEARING:
Balance at beginning of year ........... ....... .
Earnings payable to Government of Panama (Note


226,897,674


(2,699,


Funds covered into the U.S.


Due U.S.


Treasury.


Treasury for miscellaneous receipts


Interest on investment
Balance at end of year


*. ..a. a...3.s......
aS....lama... *9*449m


eta.........e...,.,a.a a


(643,918)
(1,661,600)
11,938,624
$236,530.780


The accompanying notes are an integral part of this statement.


Other...........














PANAMA


CANAL


COMMISSION


* a p
* a
* a a I
* a * a
* a a a
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* S a *


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* a
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en


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* V a a a a
* V a a a a
* a a I * *
* a a *
* V S S * SI
* a a a a 4!
* I 4 a S S
* * a a a a
* p S * S a
* a a S * a I.
* p a * a *
* I * 4 a a


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* a ft * a

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* p 8 * S
* S 4 p 4
* S 0 5 5
* I S I 4

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* a a "I a


ta0
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V.
* a -


* S ac--
* S0


* S
*0
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* S * f
*
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4 a a *
* a St S
ft I S I


* a S ft
ft *
* 0
* 00
a 0s* a


* S d




* S


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(4-
* S )


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hI
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at ft S -

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at S ft a
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QY








FINANCIAL


REPORT


Table 4.-Statement of Changes in Financial Position
Fiscal Year Ended September 30, 1980


SOURCE OF FUNDS:
From Operations:
Revenue ....


$369,409,


Less operating expenses:
Interest on net direct investment.....
Payments to the Republic of Panama
Other expenses. ... . ............
Total operating expenses .........
Net revenue (Note 10)..... ............


Note 10)


* t f s
* . C C S


* PS*** '"******a
*...........*....ttt*


11,938,624
74,952,599
279,818,703
366,709,926


2,699,181


Add transactions not requiring outlay of funds:
Depreciation (Note 2d).....................
Amortization and adjustment of deferred items
Provision for Canal lock overhauls (Note 2h)
Provision for casualty losses (Note 2i).. .....
Interest on net direct investment..........
Other ........ .... . ............... ... ...


17,779,979


Total source of funds .


48,528,114


APPLICATION OF FUNDS:
Canal lock overhauls expenditures
Casualty losses.................
Accrued capital expenditures.....
Reduction in equity of the United


* S P PSPt~**~ p *.**p***** C S ..t.t C.
* S * PUlt * C * * *t S *m#*q*C* C *.*aea*t


states


Total application of funds


Increase (decrease) in working capital


4,724,648
9,214,092
17,805,823
44,370,747
76,115,310
$(27,587,196)


Increase (decrease)


Current Assets:
Cash..... .
Receivables
Inventories
Other.....


Current Liabilities:
Accounts payable
Accrued liabilities


. o.e ..a. .. .. ...... . ..... ...p...a a...s.a......

, . . . . . . . . . . . . . . . . . . � � � � � � . . . . . � � . � � . . . . . . . . . . . .


......... . ..... .. ... . ..t.e a e a ��....... . , a. ,
aPSCU.. 4. *. . ..* S....t .....SS.S.C .* .* .* .* . .m.e


Increase (decrease) in working capital ................................


$(186,564)
(1,319,116)
(901,330)
(582, 121)
(2,989,131)


(18,901,467)
(5,696,598)
(24,598,065)
$(27,587,196)


The accompanying notes are an integral part of this statement.







PANAMA CANAL COMMISSION


Table 5.-Statement of Status of Appropriations
September 30, 1980


Source of Appropriations (Table 3):
Appropriations for Salaries and Expenses
Less Rescissions .....................
Appropriations for Capital Expenditures,
T otal .............................


, 1980


198(


S(No Year)...... .. .
.'..''...'.,......g..


$427,262,000
(104,000)
36,625,000
$463,783,000


Application of Appropriations (Table 3):
Expenditures from Operating Appropriation;
Expenditures from Capital Appropriations..
Funds reserved at Year-end for Payment of
Undelivered Orders, Operations .........
Funds Reserved at Year-end for Payment of
Undelivered Orders, Capital ............
Unobligated balance of 1980 Operating Appi
Unobligated Balance of 1980 Capital Approp
(No Year) Retained... ...............


Total ..


iS "' t* e .. a
Liabilities and


r
5


* cc...t*. a a...


* *tft * * ft ft ft ft
* ft a a * .....


* t*.* * a u * * . ate ... ...
Liabilities and
.sft t..... aa.. .. .......a
opriation Lapsed ..
riation

* * . a . a " . . . . . . . * .a


$330,420,719
16,438,878

76,894,964

16,630,877
19,842,317

$3,555,245
$463,783,000


The accompanying notes are an integral part of this statement.








FINANCIAL


REPORT


Table 6.-Statement of Property, Plant and Equipment


September 30,


1980


Deprecial ion
and flluation


allowances


Titles and treaty rights................
Interest during construction ...........
Canal excavation, fills and embankments
Canal structures and equipment........
Supporting and general facilities .....
Minor items of plant and equipment....
Facilities held for future use ...........
Plant additions in progress ...........
Suspended construction projects .......


....... tn. n.....
* . ".t 00S *
..... . " ""... *. .
n.. tn. .n *....*... S
......*......CC*


Total . . . . . . . . . . . . . .


$14,728,889
50,892,311
333,607,377
211,934,740
161,843,554
12,068,270
4,056,163
14,188,540
40,145,798
$843,465,642


$2,669,612


40,145,798
$384,231,884


The accompanying notes are an integral part of this statement.






PANAMA CANAL COMM


NOTES TO


. Treaty Impact.
On September 7


SSION

FINANCIAL STATEMENTS


, 1977 the United States of America and the Government


of Panama signed the Panama Cana


Treaty of 1977


, hereafter referred to as


Treaty


, and


Operation


a Treaty
Panama


Concerning


Canal.


These


Permanent


Treaties


were


Neutrality


ratified


both


countries and entered


nto force on October 1


1979.


The


Treaty terminated


the prior treaties pertaining to the Panama Canal.


On September 27


1979


United States Congress passed the Panama Canal Act of


979 (Public


Law
neces


96-70),


hereafter


referred


sary for the implementation of the


maintenance of the Panama Cana


as the


, to provide


lation


Treaty and for the operation and


under the


Treaty.


The


Treaty provided for the Government of Panama to assume complete


sovereignty over the former Canal Zone, and to gradually assume control of


operation


through
Panama


1999.
Canal


The


defense
Treaty


also


Commission


e Panama
provided
October


Canal


over 1
estab


1979


period


lishment
assume


certain


operational responsibilities that previously were the responsibilities of the
Panama Canal Company and the Canal Zone Government.


When the


Treaty terminates on December 31


, all of the assets of the


Panama Canal Commission will have been transferred to the Government


of Panama


based


upon


prescriptions of the


Treaty and the Act.


The


effects of these long range requirements are not considered in the financial
statements.

2. Summary of Significant Accounting Policies.


Cost


recovery.


The


application


generally


accepted


accounting


principle


to the Panama Cana


Commission, a


U.S.


Government agency


comparable


to a


rate-regulated


public


utility


determines


manner


which costs are recognized.


The basis for toll rates is prescribed in section


602(b) of the


Act.


This section of the act


, known as the "statutory tolls


formula"


, provides that:


"Tolls shall be prescribed at rates calculated to produce revenues to


cover as nearly as practicable al


costs of maintaining and operating


Panama


Canal,


together


with


facilities


appurtenances


� � � -�






FINANCIAL REPORT


Under this statutory tolls formulE
recovered from future tolls revenues.
from subsequent earnings are transfer
to an account within the "Other A


subsequent annual revenues exceed
costs equivalent to such net reveni
"Equity in Panama Canal" account.


S
ill


I,


unr


Any amo
red from "
assets" claim
subsequent
es realized


recovered
unts thus
Equity in
. am


costs
to be
Pana


are to be
recovered
ma Canal"


sinication. To the extent
costs incurred, unearned
are charged back to the


b. Property, plant and equipment. Property, plant and equipment are
recorded at original cost or, if acquired from another Government agency,
at the value determined by the Director of the Office of Management and
Budget. Administrative and other general expenses and the cost of funds
used during construction are not capitalized. The cost of minor items of
property, plant and equipment is charged to expense.


Capital


replacement,
of funds prov


may only be us
improvements
excluded from


Factor. A portion of tolls is designated for plant
expansion and improvements, the costs of which are in excess


S * . 4 1 1


p.


led through depreciation reserves.
ed for capital expenditures. Plant r
purchased with funds generated by
depreciation computation.


[he capital factor realized
replacement, expansion or
the capital factor shall be


d. Depreciation. Depreciation is provided using a straight-line method
Spliced on a composite basis. This method provides straight-line
preciation plus additional annual depreciation, identified as composite,
provide for premature plant retirements.


e. Accounts receivable. Uncollectible accounts
Panama Canal Commission are recognized as a reduct
written off. Any subsequent collections of Commission
previously written off will be recorded as revenue.
doubtful accounts which appears on the Commission
only to the receivables of predecessor agencies.
f. Inventories. Operating materials and supplies a
cost, plus cost of transportation to the ultimate destiny
of Panama. An allowance to reflect the estimated cost o:
materials and supplies is established by a monthly chl


receivable of the
ion in revenue when
accounts receivable
The allowance for
books is applicable


,re stated at average
nation on the Isthmus
f obsolete and excess
arge to expense.


Retirement


benefits.


Employer payments to the contributory Civil


C a<�filrlA Dotrn omanrrt dCirrctam r f tp R POnlh1tr trS Psa rm a denial ^Priirtv


si


id






PANAMA CANAL COMMISSION


Predecessor


Agencies


an equal amount


is recorded


as a Deferred


Charge.


required


Panama


Cana


, the


Panama


Canal


Commission i


able for the increase in the unfunded


ability of the Civi


Service Retirement Fund which i


attributable to benefits payable from that


fund


or on behalf


, employees and


their survivors


under the early


retirement
increased


provisions of


Act.


The annual


installment to liquidate the


ability is determined by the Office of Personnel


Management.


A reserve is provided through an annua


charge to expense to cover the estimated cost


Reserve for casualty losses.


of periodic lock overhauls.


A reserve is provided through an annual


charge to expense to cover the estimated cost of marine accidents, fire and


other casualty los


Housing


use rights.


monetary


value


is assigned


to the


rights


granted to the United States


by the Republic of Panama to use Canal Area


ing transferred to the Republic under terms of the


Treaty.


The cost to


manage,


maintain and


provide


livability improvements


to these quarters


be charged to expense.


Plant


Rental income is included in other revenues.


Valuation Allowances.


July


certain


valuation allowances


for property,


plant and


equipment being
Panama Canal


transferred
Company


fro m
and


i the
the


Panama


Canal


Canal


Zone


(agency)


Government


to the
were


estab


shed


October


to reduce to usable value the costs of the assets transferred.


1979


uch valuation allowances as were applicable to the assets


being transferred from the


Panama Canal Company and the Canal Zone


Government
September 3
books of the


Panama


Canal


owing


Panama


Canal


Commission


valuation


Commission:


were


allowances


(a) $5.9 million


absorbed.


remain


on the


to reduce to


usable value the cost of property, plant and equipment transferred


(b) $50.9


million to offset interest costs imputed for the original construction period;
and (c) $59.8 million to offset the cost of defense facilities and suspended
construction projects,the latter being principally the partial construction of


a third set of locks abandoned in the early part of World


War II.


Property, plant and equipment offset by valuation allowances, when fully


. Reserve for lock overhauls.






FINANCIAL REPORT

Cash.
The cash balance of $120,132,055 is made up of $114,784,198 on deposit


U.S.


170,847


Treasury,
on hand.


$4,177,010


on deposit


amount


in commercial


on deposit


in the


U.S.


banks,


Treasury


$19,842,317


of unobligated operating fund


will be withdrawn.


Included


n the cash balances are trust fund


of $1,360,268,


and postal


funds
fund
other


of $186,784 which are offset in appropriate liability accounts. The trust


primarily includes deposits


service


payments.


The


made by


postal


fund


customers for future tolls and


consists of


outstanding money


orders


, postal savings and interest accrued thereon.


Other Receivables.


Other


receivables


represent


services


provided


in connection


with ship


accident


for which the Commission is considered to be at least partially


responsible.


The


amounts are


included


liabilities established for damages to vessels.
7. Interest-Bearing Net Direct Investment.


in the computation of


estimated


nterest-bearing net direct


Commission on October


From Panama Canal Company....
Transfer to Government of Panama
Transfer to Department of 'Defense


Transfer from Canal


investment assumed by the Panama Canal


1979 wa


computed 'as follows:


. . .. a. .....*a. a.. a ...... . .* .S....
*...... a.. s....... aa ... a ...... a.. a..aa.. S


Zone Government


Panama Canal Company cash turned into the U


During fiscal year 1980,


Treasury


Millions
oj dollars
$319.3
(74.7)


(71.3)
$187.6


this investment was increased by disbursements


of $346.9 million, decreased by receipts of $384.2 million,


net property transfers of $2.1


and decreased by


million.


Accounts Payable--


Included


ship


accident


U.S.


Government Agencies.


n the accounts payable due to U.S.


other


claims


in the amount


Government agencies are
of $4.9 million that were


forwarded to the Department of Justice in Washington,


D.C


after reaching


a settlement or receiving a judgement for approval for payment.


Claims for Damages to


Vessels.


Liabilities arising from claims for damages to vessels are divided into fund


S ISrr.l r S p p. P


The


F






PANAMA


CANAL


COMMISSION


Payments to the Republic of Panama.


Based


on Article


Article


XIII


Treaty,


Republic of


Panama has received payment for public services,


fixed annuity and thirty


cents per net ton. In addition to these payments, revenue in the amount of


$2.7


million is payable to the Government of Panama in accordance with


paragraph 4(c) of Article X III,


which states that an annual amount of up to


$10 million will be paid out of Canal operating revenues to the extent that
such revenues exceed expenditures of the Panama Canal Commission. This


amount
Section


subject to the limitations set forth in Chapter 3,


1341(e) of the Panama Canal Act of


Subchapter V


979 (Public Law No.


96-70).


Reserve for Casualty


Losses.


The


reserve


casualty


losses at September


, 1980 of $2.4


million


includes $1.5 million for marine accidents and $0.9 million for other.


The


monthly accrual of reserve for marine accidents in fiscal year 1980 was $0.5


million
million
became


per month for a total of $6.0 million.


accrual


apparent


was


booked


that


June,


August,


monthly accrua


would


An additional total of $4.5


September,


be inadequate


when


for the


account to


sustain an appropriate balance.


Delayed Billing for Services.


Revenues


include


certain


Canal


Support


Division


billings


transit-related services which were inadvertently not recognized during the


fiscal year, due to conditions arising out of the


Treaty-related reduction-in-


force


process


with its


inherent disruption


of a trained staff.


The error in


billing tug services, evaluated at the 95% reliability level from the sample
taken, resulted in an estimate of total underbilling of $553,941 for the eight-


month period covered in the sample.
or limits within which the sample res


The precision of the estimate (the range
ult is expected to be accurate) is plus or


minus


$166,329,


or a lower


precision


limit


$387,612


an upper


precision limit of $720,270 for the eight-month period. Assuming that the
other four months of the fiscal year not in the sample followed the same
error pattern, the under-estimate of revenue would be between $581,418 and
$1,080,405. As of the balance sheet date the known revenue was immaterial.


Audit is being made and proper adjustment


in fiscal year


will be recorded as determined


1981.


Cnntlnnant I aiohilitiicc anld Cnmmirtmontc


� q






40 FINANCIAL REPORT

the Panama Canal Commission is liable for an indeterminable amount with


it~spect


to death


disability


payments


under the


Federal Employees'


Compensation Act.
Cash and negotiable securities of a kind acceptable by the United States


Government in


the amount of $7.0 million were on deposit in a


United


States


depository


September
obligations.


designated


1980


guarantee


Panama


payment


Canal
third


Commission


parties


their


The


Panama


Canal


1979 (Public


Law


96-70),


Chapter 2,


Subchapter i
Commission
benefits paid


Section


that


1244


, places the liability with the Panama Canal


portion


estimated


increase


retirement


under the Civil Service Retirement System due to the early


retirement benefits granted in Chapter 2,


Subchapter IV


of the Act.


As of


September
December


1980


1999 amounted


Commission'


minimum


to approximately $317.1


liability


through


million based on


information furnished by the Office of Personnel


Management.











FINANCIAL REPORT


Table 1-A.-General Price-Level


Historical
Dollars


Assets


General Price-
Level Dollars


(Dollars in thousands)


PROPERTY


, PLANT AND EQUIPMENT:


At cost..


Less accumulated depreciation and valuation allowances


$843,466
384,232
459,234


CURRENT ASSETS:
Fund balances and cash:


Operating fund:
Obligated ............. . . . . .
Unobligated-To be returned to the U


Capital fund ...
Postal fund ....
Trust fund.....


* ********* * S C
.S......m U * * *
* S S S 93545*505


* C S C


. Treasury
. . . . . . ...


76,895
19,842
20,186
187
1,360


Cash receipts on hand for deposit into U.S.


Treasury


Accounts receivable-net


* * * * * * 55*5*0555 & S S S *SeeeSCSS*



* *5****** 0w0*e*eeS emSS.*...


Other receivables


Inventories:


Materials and supplies-net.


Other current assets


* *S*S*S* * 55505 S... ette

* S 55 *SSS****** . . . * .me.


OTHER ASSETS:
Deferred charges:
Retirement benefits to certain former employees of
predecessor agencies . . . . . . . . . ... . . ..........
O their . . . . . . . . . .... . . . . . . . . . . . . . .. . . . .. . .


TOTAL ASSETS


1,662
120,132

21,962
5,154
27,116





25,743

1,510

174,501






13,412
1,272
14,684


648,419


$2,502,085
1,186,977
1,315,108






76,895
19,842
20,186
187
1,360

1,662
120,132

21,962
5,154
27,116


26,644

1,510

175,402






13,412
1,576
14,988


$1,505,498







PANAMA CANAL COMMISSION


Balance Sheet-September 30, 1980 (Unaudited)


Historical General Price-
Dollars Level Dollars
(Dollars in thousands) '


Liabilities

INVESTMENT OF THE UNITED STATES:
Invested capital:
Interest-bearing .........
Non-interest-bearing .....


$148,246
236,531
384,777


$862,122
373,240
1,235,362


Current budgetary accounts:
Obligated operating funds
Obligated capital funds...
Unobligated capital funds


* . * * * * . . . .* c . e w e e e a .
* C * lf f Ct Sct* Sgg# g .... * . C


* * C l~c *Cg 4


76,895
16,631
3,555
97,081
1,332,443


CURRENT LIABILITIES:
Accounts payable:
U.S. Treasury-unobligated
returned..............
U.S. Government agencies
Government of Panama ..
Other . . . . . . . . . . . . . . . . . .


Accrued liabilities:
Employees' leave ...........
Salaries and wages .........
Retirement benefits to certain
predecessor agencies ......
Employees' repatriation .....
Claims for damages to vessels
Earnings payable to Governm
O their . . . . . . . . . . . . . . . . . . . .


operating funds to be
* . . . . C S S *.c C* * .... .. . we
s.c........et.....t*.c.....
" c . .. c c . . . . " . . .. . . . .
. . " . . . . . . . . . . . . . . . . . . . .


former


19,842
13,973
7,005
6,469
47,289


19,842
13,973
7,005
6,469
47,289


32,815
4,339


mploy


32,815
4,339


ent of Panama


Other current liabilities:
Capital factor.....
Other .. . . . . . . . . .


*. .. C . C* . S. see... .....e. ... ...
. . . * c . e g. .. .. . ... . . .. a a


6,909
1,369
8,278
131,954


6,909
1,369
8,278
131,954


OTHER LIABILITIES AND RESERVES:
Retirement benefits to certain
predecessor agencies .....
Employees' repatriation .....
Lock overhauls ............
Unfunded liabilities for damaj
Casualty losses.............


former employees


* e eq *
es to
ges to


vessels


TOTAL LIABILITIES . ..........


case... .. e...c
see.i........

. e.a...... . ..


� ....� � . . . . . .


11,799
8,188
5,029
7,213
2,378
34,607
$648,419


11,799
8,188
10,688
7,466
2,960
41,101
$1,505,498


The accompanying notes summarize the methods employed in the preparation of this statement.







FINANCIAL


Table 2-A.-General Price-Level Income Statement for the
September 30, 1980
(Unaudited)


Historical
Dollars


REPORT


Year Ended


General Price-
Level Dollars


Dollars in thousands


Operating revenues ...
Operating expenses:
Cost of goods sold
Interest .........


$369,409


* . *.*5. *. . ... .... .a. as. .*.*.
..Set .t . ta.. * a 5.. ....... g..... a ..* *


Operating expense................. ... .... ......
Administrative expense... . ............ ............
D epreciation...................................... .


Operating revenue or (loss) ...
General price-level gain or


NET REVENUE (Loss) ..


as... . ..*. . . a........ ..
....... e......a*...... a


616
11,939
304,438
31,937
17,780
366,710
2,699
..' 0..0*


$2,699


$382,339


638
12,356*
315,094
33,055
48,673
409,816
(27,477)
4,632
$(22,845)


The accompanying notes summarize the methods employed in the preparation of this statement.
*Reflects only the actual interest paid and no imputed costs of equity capital.


NOTES TO


PRICE-LEVEL FINANCIAL STATEMENTS


Methods


employed


preparation


general


price-leve


financial statements:


Historical dollars are restated in terms of purchasing power at the


end of fiscal year 1980.


The change in the value of money has been measured


by using the gross national product implicit price deflators provided by the


Department of Commerce.


The restatement of revenues and expenses,


except for depreciation,


reflects the change in


purchasing power


of the dollar during the current


fiscal year.


The restatement of depreciation expenses for the year is based


upon the investment in property, plant and equipment revalued to reflect


their ages.


Property, plant and equipment and the investment of the United


States


are restated


from July


the date of


reorganization


enterprise,


although the major portion of the plant facilities,


e.g.,


the Canal


itself and the locks,


were placed in service in


1914.


The net change in


valuation


assets and


abilities, normally an


increase during a period of inflation,


is credited to the investment.








Chapter


STATISTICAL

Shipping Statisi


TABLES


tics








STATISTICAL


TABLES


Table 6.-Panama Canal Traffic-Fiscal Years 1971 Through 1980


Traffic assessed tolls
on net tonnage basis


Traffic assessed tolls on
displacement tonnage
basis


Number
of
transit


Long ions
of
cargo


Number
of
transits


Panama
Canal net
tonnage


Number
of.
transit


Displace-
ment
tonnage


.* e tee *..... a
* ese ** . C CS... t


4,020
3,766
3,841
4,033
3,609
2,157
3,037
1,896
2,677
2,935
3.507


COMMERCIAL OCEAN TRAFFIC'


$97,380,036
98,764,959
111,032,088
119,422,568
141,898,218
134,204,402
35,272,300
163,826,571
194,773,111
208,376,741
291,838,590


18,626,906
09,233,725
26,104,029
47,906,914
40,101,459
17,212,266
30,888,300
22,978,785
42,518,288
54,110,866
67,214,935


3,977
3,714
3,796
3,984
3,565
2,123
3,031
1,868
2,647
2,902
3,476


11,006,383
12,971,201
26,203,549
35,715,628
35,053,680
27,778,919
33,686,757
33,353,132
56,907,260
67,470,601
82,063,175


172,074
214,681
152,025
200,376
171,006
131,258
23,205
108,642
109,798
136,600
137,593


U.S. GOVERNMENT OCEAN


TRAFFIC'


* S CC C *e 01at4C


*.a....C...S .C eC .*
a .C C..a.*....a...
* C C S S C Ca,. ta t S C
tea...... C C C.t
CCC...........CC
*. Ce.. a... * S .C C
* a. * * * as C t a * a *

*.. C * C C a.. . . Ci .
I...............
r i Oo4gI


$3,144,376
2,651,281
2,285,727
1,831,535
1,376,797
727,983
166,779
805,983
889,093
1,054,169
1,515,326


2,236,619
1,742,303
1,405,428
1,748,963
526,497
177,508
55,383
212,677
291,115
357,482
396,481


3,477,803
2,913,307
2,478,646
2,021,966
1,287,777
641,137
118,300
577,483
589,085
726,755
844,748


297,859
250,203
303,033
142,807
122,953
87,728
65,025
165,148
214,145
207,640
217,055


FREE OCEAN


TRAFFIC' 2


* * * C CCrtSc t S
* aa..* C C t *.t


C*a ... C*
* .. S * . .
.. .. .. .


Cs.......


139,775
62,532
12,810


5,635

380

I


66,779
76,750
42,633
56,364
694
22,854
1,474
21,252
3,789
4,527
1,686


37,030
23,275
20,640
27,244
10,400
41,655
1,800
10,380
1,100
2,194
4,810


4,617
4,238
4,238
4,304
3,786
2,280


TOTAL O
$100,524,412
101,416,240
113,317,815
121,254,103
143,275,015
134,932,385


CEAN


TRAFFIC


21,003,300
11,038,560
27,522,267
49,655,877
40,627,956
17,395,409


4,503
4,128
4,121
4,213
3,715
2,208


14,650,965
15,961,258
28,724,828
37,793,958
36,342,151
28,442,910


506,963
488,159
475,698
370,427
304,359
260,641


Total traffic









PANAMA CANAL COMMISSION



Table 6.-Panama Canal Traffic-Fiscal Years 1971 Through 1980

(Continued)


Traffic
on net


traffic


assessed
tonnage


Traffic assessed tolls on


displacement
basis


Number
of
Iransits


tons


cargo


Number
of
transit


Panama
Canal net
tonnage


Number
of
transits


Displace-
menl
tonnage


LL COMMERCIAL TRAFFIC


* 44 9 e 444*** ** * 544**
* 9 4 * C C * 4* 4 eq * * *
9 4 C C* 4* 9 jC C I ei 4
* 444 **** *944
* * e4*IB * tg* *4� * * 4
* C ' 9 i411 * * 4444

* p 'ge e 44 e * g.* *

* II *ge 9 C 4 *** * 4 * C
.* e. ....... * *4
* 4* S g4 * ** ** ge
. ... . ... . ....
...............
..... .... ....
.. . . .. . . .
....... .......

..... .... ....
... ... ... ...


$38,514
68,414
59,518
62,376
52,684
49,314
24,785
39,960
63,526
76,591
74,898


7,278
38,243
39,466
23,496
7,939
6,866
1,236
2,820
6,962
7,718


45,552
81,998
73,903
77,722
54,174
50,281
15,389
48,717
57,827
69,229
52,052


2.374

611
1,120
1,229

1.108


SMALL U


* C C* et e C C* * i *9rn
*9 C 4* 44 C ge� a B�r
* a 449449 * * C * 44 e
* *S * * * * * *gC�
SC C C * 4~ e 9e *B * ge*

* *& 44C C C 9 C4 * 44

* 4 C Ct C C4 e egeeC *�
*ee * ** cc.* * egege*
54494..ee.t4....


GOVERNMENT TRAFFIC'


$3,611


* g.......
ge ...C ....9
*........ ..


5,925
6,530
6,848
5,088
6,382
8,019
2,144
16,769
10,742
15,519
14,313


12,851
9,504
14,375
15,129


MALL FREE


TRAFFIC


...C **#.*C
* C C C S *eegC*
* 44 g C C *4g

. . CS. * 4.e.*


* S 4* 44449 **
*..........
. .94 . ....C





4..44.9...m
* .....eC ..9


68
* ... .....


31
50

10
20
3
5.4 . 4* 44 4


1,320
663
1,518
1,484
944
2,840
2,986
2.160
2,317


701
4 .9 C 44


TOTAL PANAMA


CANAL TR


AFFIC


* * * e * e* g 5 544 g

ge* * ge ge g C 444 ***
44 g .4.#C.4 4...
544..*4...44...
.....94 .........


lU rti


15,348 $100,566,537


15,198
15,109
15,269
14,735
12 m1 l


101,488,689
113,381,398
121,319,791
143,332,428
I IA ftlT On


121,010,654
111,076,803
127,561,733
149,679,373
140,635,927
1 l1 Aflh ' 4�


15,129
14,956
14.892
15,084
14,570
i- arlfji


114,699,332
116,044,648
128,800,796
137,873,248
136,398,866
i "I Afte1 nw j


515,975
498,919
483,594
377,043
312,046
-- l waw-


Total


tonnage


rln*

























CC N CC sO nl 09 CC~ N en N Nn s







* U- 9 . 9.r 9. 9. 9. 9.I 9. 9. 9





'0 el n -l -l r'l -I -* fl N* C t
-l c~C C~ 000 t0 sO -(" CMr N r(
SoCr~ r4N 99 sONCM r











* 9 . 9. 9. 9. 9. 09 9. 4.

en - ri uOr rJ rV ccrun 'o 4t (




- -n N'nO 0% Q% - CON I










* 9. 9. 9. 9. 9. 9. 9. 9. 9

N ff t11 N ffl -r It NO1r NO
0- e On 0% en cc' r4 In 0~ (
. r 9. 9.l 4. 9. 9.1r C 9. 0



n rr01e1 n dr4 enO





en - riJ I aO sO CM CM 0% In CM C
f (l - 00 CM CM 'C -I N -
'CO c aO Ol O- n -0C
~ rt 9. 9. v 9 .l 9. 9. 9.


v~o\ en eND tn Ot'il eJO\O n
----oo--�-----


0%000t0%C(II'JflOaC
~? NClnOenNr-0Co
0, ---- ----- ~ l Irlr r


U. fl


* 9 4 4 4 * S S S
* S S 4 5 5 5 5 0 S S
* S S S S S S S S S S U 4
* S S S S S S S S S S S S
* S S S S S S S S S S S S
* S S S S S S S S S S S S
* S S S S S S S S S S S S
* S S S S S S 0 9 S S S
* S S S U S S S S S S S
* S S S U S S S S 5 4
* S S S 9 5 5 S S S S
* S S S S S S S S S S S S
* S 4 5 5 5 S S S S S S S
* S S S S S S S S S S S S


STATISTICAL TABLES


er









PANAMA CANAL COMMISSION



Table 8.-Canal Traffic' by Flag of Vessel-Fiscal Year 1980


Measured tonnage


Number
of
Flag transit


Argentina ........
Austria .........
Australia.........
Bahamas .........
Belgium..........
Bermuda.........
Bolivia ...........
Brazil. . ..........
Bulgaria .........
Canada . . . . . .....
Cayman Islands...
Chile . . . . . . ...
Congo ..........
Colombia ........
Costa Rica.......
Cuba . . . . . .......
Cyprus ..........
Denmark ........
Dominican Republi
East Germany ....
Ecuador .........
Finland .. ...... ..
France...... ....
Ghana ... .......
Greece...........
Honduras ........
Hong Kong ......
India . . . . . . . . .
Indonesia ........
Ireland . .........
Israel... .. ......
Italy .. ...........
Japan ...........
Kuwait .........
Liberia ......... .
Malaysia.........
Malta ...........
Mauritania.......
Mexico ..........
Morocco.........
Netherlands ......
New Zealand .....
Nicaragua........
Nigeria ..........
Norway..........
Pakistan .........
Panama..........
People's Republic o
Peru. ...... . . . . . .
Philippines .......
Poland ..........
Portugal .........
Republic of China (
Romania.........
Samoa ...........
Senegal..........
Singapore........
South Africa .....
South Korea .....
Spain............
Sudan .... ...... .
Sweden ..........
Switzerland ......
Thailand .........


"........
* . * 4 . * * 4
* 4 * 4 4 * * 4f
.* 4 * . *





. 4 4. 44*' . 4
44444. . .4.
* * 44.44. *

* * **4
* 4 4 * * 4 4
* * 4 4 * *

�* * 4 4*
* . * * * . 4


* . * 4 4 4

T� � � �
C 4 * * 4 *
. . . . . . . .



* . . 4 4 * * 4
.* 4 44 * *

* 44* * * **
..* . ..*
* .* **4.
* 4444444






* . 4* 44* * *

* 4.4.444 *
44 44*44w








4 44 4 4 *4 4
. . 444444. .








* * 4 4 4 4 4. *
* * 4**44



.....na.
44 * * . ..








. . 4 * 4 4 *
4 * 4* k * *
......444












* 4* * 4* * **
� 44w * 444 *
* .44. 4. 4
........4


fChina.
* 4444444
.4... .* . * *
* . . . . . . .*
Taiwan)
* 4. *. *. *
...44*44*
*..44.4..


* . . . . * 44.
* 444444*
. . . . . � .
* � 4 * � 4.
* 4 44 44 �




*44 � *4�

* � � *449
� �44 *44*


* 44 *+ 44�


. 4**#** * . 4*** *** . .


I
17
15
100
17
10
19
12
II
8
185
2
161
6
88
76
328
I
SI
282
23
97
I
1.552
72
3
78
10
16
33
176
1,133
15
1,814
13
1
I
50
7
215
7
10
I
449
4
1,228
29
238
125
91
I
114
24
I
2
190
8
157
125
I
190
14
I


Panama
Canal
net
22,786
22,776
410,049
39.610
1,649,339
224,830
85.110
167,069
83,449
25,500
28,612
1,533,400
4.066
1,764,472
7,479
499,167
447,667
4,800,726
8,217
259,851
1,964,991
241,756
1,662,938
9,862
18,819,410
421,069
99,249
1,522,234
81,075
227,300
628,274
2,287,396
16,584,391
143,292
30,952.522
194,736
5,693
485
652,899
44,441
2.368,756
175,019
85,010
7.742
7,834,079
33,388
12,607,728
338,463
2,340,904
1,291,868
529,242
2,137
1,774,454
690,000
5,626
1,510
2,440,784
115,925
2,109,920
705,210
8,679
3,247,991
196,163
4.579


Registered
gross
33,672
26,844
496,615
44,185
1,949,981
262,487
109,160
195,230
103,033
33,610
36,445
1.780,744
3,185
1,871,846
7,616
578,494
531,424
5,954,044
10,016
283,310
2,323,046
283,947
1,633,363
13,004
21,849,690
511,475
127,338
1,871,906
84,139
270,984
842,808
2,745,104
16.533,470
184,919
33,201,489
232,790
6,670
499
801,978
54,906
2,833,631
205,788
96,000
9,244
8.712,789
39,474
12.684,333
413,319
2,724,524
1,512,639
604,546
2,328
2,251,106
770,424
3,838
1,052
2.401,409
137,995
2,651,892
759,150
10,066
3,099,075
238,803
5.189


$38,053
38,036
684,782
62,877
2,689,585
336.370
142,134
273,635
133,129
38,041
47,782
2,512,102
4,798
2,886,314
10,555
815,220
728,131
7,879,724
13,722
392,651
3.192,696
390,652
2,764,623
16,470
30.323,245
648,149
165,746
2,462,507
135,395
379,591
1,042,973
3,695,831
26,594,175
237,714
50,035,682
325,209
9,507
645
993.312
62,105
3,795,168
288,877
141,967
12,929
12,812,871
55,758
20,006,362
548,405
3,778,002
2,147,012
871,435
3,569
2,956,365
1,035,000
9,395
2,008
3,884.583
193,595
3,457,329
1,.138,769
14,494
5,279,712
324.660
7.647


Long
tons of
cargo
56,049
16,243
274,928
37,852
2,176,508
178,922
59,464
137.323
59,354
8,769
41,952
1,111,316

1,038.455
500
334,408
421,520
3,385,428
14,296
68,714
1,243,925
341,139
1,178,958
4,955
24,260,016
129,700
176,704
2,095,897
68,854
353,451
428,367
1,883,140
10,464,891
156,029
33,693.333
353,661


571,777
8.366
1,716,265
105,121
45,032
7,098
6,757.696
41,448
10,714,170
423,116
2,396.413
1,499,915
289,595
880
1,354,604
541,861
4,422

2,034,457
176,954
2,386,830
598,633
5,481
1,493,135
282.884
6.836


i








STATISTICAL


TABLES


Table 8.-Canal Traffic'


by Flag of Vessel-Fiscal Year 1980


-Continued


NOTE.-In Canal traffic statistics,


ment of 300 net


tons and


over,


foreign naval


vessels


tons (Panama Canal measurement) and


are classified


as oceangoing


ment tonnage, have been included in the table


the following table shows statistics
displacement tonnage.


covering 31


commercial


above
vessels


such as transports, supply ships, tankers,


over,


vessels.


and vessels


Statistics


etc., with a


measure-


war, dredges, etc., with a displacement of 500


on these


vessels,


except


as relates


to displace-


As displacement tonnage cannot be combined with net tonnage,


which transited the Canal during fiscal


year 1980 and paid tolls on


Number
of.
transits


Belgium.
Ecuador.
France..


.................... .. ... D redge
..* *. .... .. . .. . . .. . .. . Naval
S. . . . t. . . . . . t. .. a a. . . . . . . . . do


Italy . . . . . .. . .. .. . .. .. . . . .. do
Japan. ......... ...... . ... . ..... do
M exico ......... ........ ....... . Dredge


Netherlands
Peru ... ....


Spain .. . .... .
Sweden ........
United Kingdom
United Kingdom


West


Germany..
Total ....


S... . a... . ... .. ... Naval


....... . ... .. ... Dredge
................... Naval .
S.......... . . .. .. Dredge


* * . . * . .. * *


a........a .... 5


** . C C S S C * * * 4 at.


S t .SC tC..C ..
... ...... .. ..


* . a at... at * * * * *
........... ....


... ........... 2


Displace-
menl
tonnage
3,740
5,510
28,272
7,246
12,817
2,627
20,219
6,858
2,910
8,330
15,500
4.275
19,290
137,594


$3,478
5,124
26,293
6,739
11,920
2,442
18,804
6,378
2,706
7,747
14,415
3,976
17,940


$127,962


.


1
















STATISTICAL TABLES


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L












PANAMA CANAL COMMISSION



Table 10.-Laden and Ballast Traffic by Flag of Vessel

Fiscal Year 1980


Laden


Ballast


Number
of
Iransits


Argentina.........
Austria ...........
Australia .........
Bahamas .........
Belgium . . . . . . ...
Bermuda .........
Bolivia . . . . . ... .
Brazil ............
Bulgaria . . . ......
Canada. ..........
Cayman Islands ...
Chile . . .. . . . . . . . .
Congo............
Colombia.........
Costa Rica........
Cuba . . . . . . . . . ....
Cyprus ... . .......
Denmark .........
Dominican Republic
East Germany ......
Ecuador ...... ....
Finland ..........
France . ..........
Ghana ........ ....
Greece .. .........
Honduras.........
Hong Kong .......
India .............
Indonesia..........
Ireland ...........
Israel .............
Italy ..............
Japan .... .. . ..
Kuwait .. .. . . .. .
Liberia ...........
Malaysia ..........
M alta ... ..........
Mauritania........
M exico ............
Morocco ..........
Netherlands.......
New Zealand ......
Nicaragua .........
Nigeria . . . . . . . ..
Norway ...........
Pakistan..........
Panama .. .. .. .. ...
People's Republic of
Peru . . . . . . . . .
Philippines.........
Poland ............
Portugal . . . . . . . .
Republic of China (1
Romania ..........
Samoa ............
Senegal............
Singapore .........
South Africa ......
South Korea .......
Spain .............
Eldritn


. . .4 .* .44
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* .4444*
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* 44 4 4 4
4 * 4 4 4




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44..4.. 4
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..aiwan).


4
I0
17
9
84
7
10
18
9
4
8
168

147
2
73
60
286
1I
28
251
16
86

1,277
47
3
69
10
16
32
146
945
14
1,534
13


30
3
160
6
10
1
391
4
955
25
209
120
83
I
112
12
I

157
8
143
99
I


Panama
Canal net
tonnage

22,786
22,776
410,049
29,986
1.448,487
109,840
85, i 110
151,275
65,122
12,136
28,612
1,400.376

1.586.961
1,787
448,561
390.394
4,396,347
8,217
144,566
1.688,627
203,283
1.563,561
9.862
15.688,025
272,312
99,249
1,310,328
81,075
227,300
609,907
1.934,702
13,422,923
138,634
26,249,281
194,736
5,693

382.553
14.102
1,843.123
165,006
85.010
7,742
7.049.090
33,388
9,561.282
288.968
1.963,576
1,261.258
492,775
2,137
1,753,946
345,000
5,626

1.877,471
115,925
1.928,377
584.669
8 TO7


Number
o/f
transit


$38,053
38,036
684,782
50,077
2,418,973
183,433
142,134
252,629
108,754
20,267
47,782
2,335,180

2,650,225
2,984
747,914
651,958
1.341,899
13,722
239,322
2.820,007
339,483
2.606,159
16,470
26.164,413
450,302
165,746
2,180,672
135,395
379,591
1,018,545
3.220,009
22,377,503
231,519
43,780,372
325,209
9,507

638,864
23,550
3,077,272
275,560
141.967
12.929
11,768,836
55,758
5,959,476
482.577
3.273.827
2,106,301
822.934
3.569
2.929.090
576,150
9,395

3,135,377
193,595
3.215,877
976,397
id dQd


� * 4 * *> 4
* 4.49$

6
15
10
* $ j � *
1I
3
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2
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28
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25
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184
I
280


I
19
4
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58

273
4
25
5
8
S4 " 2
12
12

33

14
24


Panama
Canal net
tonnage


9,624
200.852
114.990

15.794
18,327
13.364

133,024
4,066
177,511
5,692
50.606
57,273
404,379

115,285
276,364
38,473
99,377

3.131,385
148,757

211,906


18,367
352,694
3,161,468
4,658
4,703,241


485
270.346
30,339
525,633
10.013


784,989

3.046,446
49,495
377.328
30.610
36,467

20,508
345,000

1,510
563.313

181.543
120,541


$12,800
267,134
152.937

21,006
24.375
17.774

176.922
4,798
236.089
7.571
67.306
76.173
537.825

153.329
367,565
51,169
132,171

4. 158.832
197,847

28 '1.835


24,428
469,083
4.204,752
6,195
6.255.310


645
352,006
38.555
699.092
13,317


1,044,035

4.046,886
65.828
497,797
40.711
48,501

27,275
458,850

2,008
749.206

241,.452
159.666













STATISTICAL TABLES


ta










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Table 14.-Origin and Desatnation of Comnei
Fiscal Year 1930 Segregate


WEST COAST NORTH AMERICA
United States:
Alaskas 44* 4 . .F.* . **4 *


Hawaii ..........
Mainland ..*......>
Total United States.


WEST COAST CANADA.


4**I( *41 *4 4441 *4 4 4*
*rr tll 4,, 44 41 4* * 4,


4.,. 4u4,
4444 4444


Belgium
11.887


Den-
mark
.* ,4, *


~Ears
German


. . . . . . 27,751 . . .
397,035 89,184 32,023
408,922 116,935 32,023


580.454 202,861


France


. .82,939
182,939
582,939

503,850


449,254
449,254


1,098,017


Nether-
lands
13,260

1,404,318
1,417,578

630,087


WEST COAST CENTRAL AMERICA


Costa Rica ..........
El Salvador . ....,..
Guatemala . ...........
Honduras .........,
Mexico ....* ....**..-
Nicaragua ............
Panama. . * * . ......
Central America (other)'
Balboa, R.P...........
Total Central America


* 41444 444*444 4444 44 44*444
4)5 14 u* *4* R *4 44 4 4 c 4 4
*,4~;4*44te~ts444e)emt



*44t44 44 4441 111 I 5 IsIS 4* 45 444
4~~~~ ~ ~ ~ #4 #4 44 44 44 444 u 4 44 4.4
* 44*1*41 44 l1lt U 14551) I U U 444


2,400
2

729
3.180
20
261

6,770


4,619
45,986


44



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m.I.t...
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* u.***u


50,649


2,190
5.638


1,134
7,094

155

16.211


59,823
8,260
13,623
4,671
7,914
2,777
25,087
32,600
154,755.....
154.755


10,023

750
83,412
3,538
1,097
694
1,060
100.856


WEST COAST SOUTH AME
Chile . . . * * * * .. *. .
Colombia u.... . ..... .....
Ecuador ..................
Peru .. .. .. * * * * * .... ....
South America (other)' .....
Total South America .....


RICA


221,765
24.569
36,232
166.047
11.335
459,948


15,041
144
4
4,229
46
19.464


......... 89,888
.t . .. . . 1,002
47,169 24,777
........ 41,838
650 16.071
47,819 173,576


152,739

37,696
127.864
40,497
358,796


273,388
34,075
17,017
97.525
29,457
451,462


OCEANIA
Australia........
British Oceania ..
French Oceania ..
New Zealand ....
Oceania (other) .
Total Oceania .

ASIA
China (Mainland)


China (Taiwan).
Hong Kong ....
Japan .........*
Malaysia.......
Philippine Island
Singapore......
South Korea ...
Asia (other)'....
Total Asia ...


Grand total


ums i t..* )((1 It... m,..., ,. I. I * 4444 mug. **4*t** . sess 5144444*554 44454 4444


547
544
29,935
12,662
5.803
49,491


10,767





10,767


1.516,352


2.000




2,000


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t mm * ***
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391,909


79,948


3,012
109,986

1,003
114,001


726
213
10.126





3.843
14.908

1,.005,485


..* *guum

8,892
34
123
9,049


1,742
3,556
7.057





7,354
19,709

2,089,580


11,800
27,816
1,326
19,316
25.996
86.254


35.219

2,721,456


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STATISTICAL TABLES


Table 15.- Cargo Shipments by Trade Routes-Atlantic to Pacific
(Thousands of long tons]


Fiscal year


EAST COAST UNITED STATES TO:
West Coast United States...
West Coast Canada........
West Coast Central America
Balboa, R.P...............
West Coast South America .


Chile.....
Colombia.
Ecuador..
Peru .....
Other ....
Hawaii.......
Oceania ......


C.. . ..t .. ... . . .. .. . ."" "
... t *ttt� t � *t e � S S t"


.4. . ee e � � ...... .. ... *. . . . . * .


Australia ...
Ne~w Zealand
Other ......
Asia .. . . . . . . . . .


China .....
Taiwan....
Hong Kong
India......
Indonesia..
Japan .....
Malaysia ..
Pakistan...


. . . . . . . . . . . . * * a * .a . tat.. ... . * . . ..

.......... ................t..t....* ..

.....e.... t..... e.. ....t.t... .. .
e..rn .... ..*a a.......C...............S


Philippine Islands
Singapore ......
South Korea....
Thailand ......
U.S.S.R. ......
Other ..........


Total


2,604
904
3,325
271
4,873
1,786
508
845
1,592
142
81
2,502
1,728
277
497
50,083
6,266
3,642
391

508
32,141
34

571
385
4,248
253
310
1,334
64443


2,849
835
2,254
501
3,354
1,146
474
748
877
109
84
1944
1,278
262
404
46,522
4,702
3,582
385
2
238
29,127
11
10
355
351
5,459
434
673
1,193
58,342


2,847
769
2,347
186
3,298
1,300
372
700
856
70
22
1,275
735
139
401
37 175
1,056
2,853
361
18
429
26,135
31

373
220
3,833
376
851
639
47,919


EAST COAST CANADA TO:
West Coast United States..
West Coast Canada.......
West Coast Central America
West Coast South America
Balboa, R.P..............
Oceania .............. . .


* . l.lt CCC*f ****** S St C S


Australia ...
New Zealand
Other ......
Asia ... ........


China .. . . . . ..


186
3
224


1,486
243


. . . . . . . .


289

34
126
2
209
123
21
65
1.785
424


234
23
29
108

224
128
36
60
1.423
150


..................~..









PANAMA CANAL COMMISSION 7T


Table 15.- Cargo Shipments by Trade Routes- Atlantic to Pacific-Continued

[Thousands of long tons]


Fiscal year


EAST COAST CENTRAL AMERICA To-Continued


West Coast Central America
West Coast South America
Balboa, R.P. ....... .... ..
Oceania . . . . . . . . . .. . . . .


S." " " .... . � .. . ....
..f.ftft.t S ....... .f.... f......


1,251
70


10


1,176
39


5


Australia ...
New Zealand
Other ......
Asia ........ .. .


. t..... I


163


177


China
Japan
Other


C ~ ~ ~ ~ ~ ~ ~ ~ ~~~I ft C tft * Ct*ttt C* tf*f t*


112
21
1,724
aarm


Total


EAST COAST SOUTH AMERICA TO:
West Coast United States...
West Coast Canada........


73
27
1,219


1681


* ft ft ft . .... .. .....f .*
* ft ft ft ft ft.. . . ...... . f..... *


West Coast Central America
West Coast South America


. C . *" , U C , , , ,


1,854
1,506


2,306
1,620


2,536
2,250


1,162


1,121


1,275


Chile......... .... . . . . . . ..... ..
Colombia.... .. . .. ... ... .

thEcuador . . . . . . . .. ..
Other .......................................
Balboa, R.P. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Hawaii.......... .. .. ..
Oceania ............. . . .....................


10


Australia .....
French Oceania
Other ........
Asia .............


1,883


China ..
Taiwan.
Japan ..
Other ..


f t .". f t f t . " " " , " . . , ,. f ,,ft q f t , , , . . .


* f.. .ft .t.f ft.ft b.ttf.ftC C C ..ft .ftt .fft .ft . et ...


Total


1,750
81
6490


787
13
5.702


6,194


CRISTOBAL, R.P., TO:
Asia .. .. . ....
Other territories
Total ...


... ... 1I


WEST IN DIES TO:


3
100


1


842


544








STATISTICAL


TABLES


Table 15.-Cargo Shipments by Trade Routes-Atlantic to Pacific-Continued

[Thousands of long tons]


Fiscal year


WEST INDIES To-Continued
Oceania-Continued
French Oceania ..


New Zealand
Other ......


China........
Hong Kong...
Indonesia.....
Japan.......
Malaysia .....
North Korea..
North Vietnam
Philippine Islan
Singapore ....
South Korea..
U.S.S.R. .....
Other ........
Total ......


EUROPE TO:
West Coast United States...
West Coast Canada........
West Coast Central America
Balboa, R.P...............
West Coast South America .


Chile....
Colombia
Ecuador.
Peru ....
Other...
Hawaii......
Oceania .....
Australia


British Oceania
French Oceania
New Zealand..
Other ........


China . . . . . .
Taiwan.....
Hong Kong.
Japan ......
Philinnine Isl


amr u


.......... ... .,,.... .. .. .. ..
. . . . . . . . . . . ." . .

....... ..O ... . . . . .. . .".
*..e.me C.C...GSS ...f .......ftf ......



ds .......ft......... .........*S * * f C
* . .9 .e ..***..*. me.......C....cft....

* m... .. . .. . .. . ........ *SC f C CS * * C t

* . *. . CSSC. . S C . C . . ft. . . . .** ft..*S.* .


. � . . . . . . . . . . . " " . . � . " . ".
s.m.m..........eat.me.....
* C Cud.. ........ aa.. em fef


*.S.4 .m...t t...C .....t .**...C...f
. C.........t. m. ..e....... C CC f

. .a.. .. e.......... . .t .C . . . m .m.C..
..eft.........e.mC.......t...


........ .
... C.....c
.C. . .. .�. .
. .....�.


*..me . .. . . .. . ........ eCCfCfS4tf ftfffft
...C... .CCC.C.m....C.....c......
.. C...... 5... C..C. .t .....
" ".. �.�.. � "....... " * ....


1980


72
30
1,047
423
1
13
403

21
51
5
13
1
90
26
4097


2,155
395
433
1
1,211
315
77
186
330
303
2
751
94
14
253
151
239
371


121
100
1,571
510
2
27
700
12
11
82
6
25
5
136
55
4744


2,128
428
736


1101
379
53
216
252
201
2
844
83
12
322
198
229
346


mc.... .455C c 55.5 .Sft C4:*: C 4'e


S . .. C ... t f C S C C ****
s ........ d. tft.... .. .......


101
76
1 172
461
4
25
362
......
5
69

20
2
129
95
4607


2,348
426
668


.e....
1.167
319
77
271
373
127
6
807
120
11
284
148
244
325

44
18
155
11


* C eS4ftft cee*m*.
a. S 4#ft mefte*CC~


S


S


I








PANAMA


CANAL


COM MISSION


Table 15.-Cargo Shipments by


Trade Routes-Atlantic to Pacific-Continued


(Thousands of long tons]


Fiscal lear


ASIA (MIDDLE EAST) TO:
West Coast United States..
West Coast South America
A sia . . . . . .. ............
Other territories ..........


... 40
* . . 2
S* * * 7


Total


Total


Cargo-Atlantic to Pacific


84 742


78,968


68,104


I


33








STATISTICAL TABLES


Table 16.--Cargo Shipments by Trade Routes-Pacific to Atlantic

[Thousands of long tons]


Fiscal year


WEST COAST UNITED STATES TO:
East Coast United States ..
East Coast Canada .......
East Coast Central America


Cristobal, R.P. ..........
East Coast South America


Argentina
Brazil....
Colombia.
Venezuela
Other ....
West Indies...
Puerto Ric'
Other ....
Europe.......
Belgium..
Denmark.
East Germi
France ...
Greece ...
Italy .....
Netherland
Norway ..
Poland ...
Spain-Port
Sweden ..
United Kin
U.S.S.R..
West Germ
Other ....
Asia (Middle E.


Israel ...
Lebanon
Syria....
Other ...
Africa.......
Algeria..
Egypt ...
Morocco
Nigeria..
Senegal .


South Africa
Tunisia.....
Other ......


* * * e5555 *i ***** .555. *.


aa* s~ t * *S * S S *5 5 *4 5 * a * * * * e 99* .959*
...*.a "'a"e.............. " ..9.9..
S. ..s....i..... ***.....S ...W.SOC S.....S


* *SW * S*i eta S **. *5 S * * 9 * 99 * * � *9* *SC *
* saa*C 55 **** * 9* t S S * * * * e e c ** *sc
0..*.*.*..i....**....S..t....... 9*



* *�****** * *5~ ~ *5 * *t *5*9* * *�** * * S S * *. * ts*

a -ny . . . . . . . . . . . . . . . . a S . . . .
*.S.* ....ttt .. 555... . 9.... SS...........
* .*. .*S.S. C . . * . .. . . S ...tt* .** .. .


S5559
S . . .
s. . <


U*
* .
g.1


CC*****S S:CS* *S5CSCSC5 *..iii.


al . . . . . . . . . . . . . . . . . . . . ..... . . . . . .


gdon

tany

ast).


m .......... e... t. ....... . .est
. . . * . . . .. . . . . .. . . .S . . . * e
SS... Sa.. a ... ... * * * t* C * C * s5S


. . ...... . C.t.C.S . . S C C C . C.. e...... S. t
tt. S.....C S.....C.. ..........C** * aa.~


.. S..C. ......S ..... S SC ..S. ....S*..
. 5...555 ...... ... . 5....5...S.... ...
. . ............�� ......... ......
..� ..... ... .. .. .. .. ....� ... ...


a..a...... em..... esee:eaS aaSS:tS


S *SSS. S..C... ... .. 0 .C ....C


21,316
4
24
5
480
9
274
16
157
24
3,401
2,651
750
4,978
409
89
32
183
77
449
1,418

II
376
97
190
151
221
1,274
34
27
......


471
47
193


152
44
35


14,370

22
49
486
27
293
14
134
18
4,020
2,836
1,184
4,594
393
161

347
18
387
1,386
11
16
248
76
188
26
135
1,202
30
3
C.....
19
8
89
25
23


17,672
3
3
213
311
3
173
27
96
12
1.487
1,128
359
4,386
267
66
3
345
14
407
1,375
18
20
200
129
258
13
432
839
37
15
1
2
19
352
170
54


30


11


12









PANAMA


CANAL


COMMISSION


Table 16.-Cargo Shipments by


Trade Routes-Pacific to Atlantic--Continued


[Thousands of long tons]


Fiscal year


WEST COAST CANADA TO-Continued
West Indies-Continued


Cuba ..........
Puerto Rico ....
Trinidad/Tobago
Other ..........


Europe......
Belgium.
Denmark
France ..


* ..... . . . . * * .
* ** ..e ..... C.. ... g.,a.......e
..ge..........etat.e ... *me ..e.gga .


tat .. . . .. . .. ........a**gS** @* t t e C ......
* ..... eeeme.* e * * g gae.ee.e* * etg . ....
CC et eat am *******� * a g *g e e e CC C e * Ct * C
a.e ..eettt.e ... ... e..etm m.ag. . .~CC C. e * C.


Irish Republic..
Italy .........
Netherlands....
Poland ........
Rumania ......
Spain-Portugal.
Sweden .......
United Kingdom
U.S.S.R. . ....
West Germany.
Yugoslavia.....
Other .........
Asia (Middle East)..
Israel .........
Lebanon ......
Other .........
Africa.............
Algeria........
Egypt .........
Morocco ......
Mozambique...
South Africa...
Tunisia........
Other .........


Total


eec


* C S C St* t * * g C � *9* geee* ��*CC C * * �
e. g. . . . . . . . . ........ pCgSCPeeg te 4 4 *
* a ate * ate....... e. ...... . t * C C C
e........ ........... .. * t C C e **t


* C * * * * * C C C C C C C * C * g *eCC e a
. * g. .. p. at * " . C � . C C .> . . e *
* . . * . . ** . * * c * g . . . . . .

.. a * ...... . C...... . ** g. t.

* ... . . . a g e e . * * . . . . CC C C C
. C.... ... * C C C C... * * * ce c...
*. .. * Ct # ... *g.. ... C C e.. . g....
. g*. C Ct . ec...g. ... a *e C... .. e e


e * gt~~ C **g **g J*SS*�B * * CCCSC� * c
g*e c c C S S eggeg**** **** *CC C t C C C * *
gee..................e...... Ctee

* a g e c p ee*....g.......* C C.....


.agageee ** *m * 5 P *� * ** ** * * *C * ** *
Cag...S.CS..........te...... p C~


* *ta e*eCC * * ** e ec e g g gee.�*� ***
te ta ma ****** * g C * C C> Ct t*C C* 0C C **
. . . C C Ca. . e .. . . CC C C e.g.. .. ...
..C..CCC......ace... C..... c.. ega
CC.c..C..a...............Ce.ee...
C.C.C....CC. C..... ........t C C*e C ..
.CCC.. C..C.e...g .....CS.C ..C.tC..


25
3
17
8.169
580
203
504
202
29
1,098
630
298
52
186
56
1,121
891
625
3
1,691
30
30

. C . � C .
1,250
257
62
311
I
243
338
38
12.238


76
44
3
25
6,715
624
268
402
85
56
808
489
106
33
258
53
1,012
156
679
1
1,685
4
* . a * t e

4
967
309
2
185
18
216
211
926
9.963


55
72
2
16
6.204
736
431
358
47
8
713
314
437
204
132
54
946
74
468
3
1,279
6


5
821
253
3
145
93
187
130
10
9085


WEST COAST CENTRAL AMERICA TO:


East
East
East
Crist
East
West


Coast United States ..
Coast Canada .......
Coast Central America


obal, R.P...........uth America
Coast South America


Indies ..


Europe......


eg.e..*.....e...........tO
See....et.......ate......
g. e. . . . ......aSe p a .....


c. ......C. C.......e. a.....
............t.C.....C.CCC.c


.... . . C . C.. . * a a . a....... .. gg
ee .. a t. **** * e ec e c g at .. . C C *.** *** ***.


Bel ium . ... - . - ..... - - - - . - . . . .... - - . .


993
26
44
1
41
139
981
7


I
1
62
103
1,204
S


1,145
11


119
166
1043








82 STATISTICAL TABLES


Table 16.--Cargo Shipments by Trade Routes-Pacific to Atlantic-Continued

[Thousands of long tons]


Fiscal year


WEST COAST CENTRAL AMERICA TO-Continued
Africa. .............................
Algeria.................. . .. ................
Libya ... .......... .. .................... .
Morocco .......... .. ..................
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Total .... ..... . ...................


53
25


21
2,293


1978 '


44
13


....C.
29
2,913


34
7
8
3
16
2,585


WEST COAST SOUTH AMERICA TO:
East Coast United States ...
East Coast Canada ........
East Coast Central America.


Cristobal, R.P...........
East Coast South America


Brazil....
Colombia.
Venezuela
Other ....
West Indies...


a. *554V5454S C S CO*SS*S~ *
0*545444 S*S***** S 00550
0t****** 4 SS5t*PSC 050*


S********* *..C.C.. C.....


005#6#00*S *0* 56*559*55*tsS* 504*5440
* P * 0* *000S*SS S******* * S S 555544*4*4S
* 00#t*000S S 9 SaSeSSO St 55555504* *4550
* P9S00000 * * a.. S e.g...... . S 55~ *4*5S


Cuba . . . . . . . . . . . . . ... . . .............. . ..
Netherlands West Indies........ ..........
Puerto Rico . . . . . . . . . . . . . . . . .. . . . . . . . .
Trinidad/Tobago ............ ...... .. .....
Other ......................... ... ... .... .


Europe......


Belgium.
Bulgaria.
Denmark


6,986
21
523
2
1,631


1,106
386
66
3,291


2,513
176
41
485
5,541


* cee..... * * * 9w*S S.... 0* ****e *t:e


East Germany.
Finland ......
France ......
Greece .......
Irish Republic.
Italy . ........
Netherlands...
Poland.......
Rumania ....
Spain-Portugal
U.S.S.R. .....
Sweden .....
United Kingdon
West Germany


Yugoslavia...
Other .......


* CO* 0090 *S0S*t5*0 *59 *4044445S S 4
* 0** 09** CS * S * S S S * 0S*S~ *4 4444*55
* C * * S 595*5555* * SS****** S S 944 005
* S * S 4***~**~ S PS* SP**SeC*S 444.9.
* S S *45444P550* PSPC*e OeeS*eeee S C
* * S * dU4U*S5* S * 55* *SOOSSCO*SO 0t~
* 0* 549 *44.S.S... 4s* 000*5SSeS*~*
* *4*4 4*5*t*SS5 * C S4***C0~0* 0* 00*
as****** S S S S S S 5~44W *S~tC0S0S0*
.5...... * S S S *t*4WSSCSCC SO* SOS
gOeeeeS*t ********S* StCSt**C *s0*
n *S0SS000 S S *5*PSSSCSCS C C C 00*05
e*gSS**Ot 0455S**S* 9PSCCC** ~ 504*
*005505000 * ****S***S* C S COCOSOSS
* 0 *000*StO4S S S S ~ *SPt*C*CSOS ~ COS


18
174
38
24
359
451
127
806
280
413
42
288
949
531
504


8,281
34
1,624
13
1,876
48
1,483
274
71
2,556
118
1,935
149
83
271
4,512
357
24
19
81
41
167
9
27
375
519
186
110
278
185
23
306
1,025
221
559


7,871
71
1,618
3
1,881
13
1,599
257
12
1,358
58
347
390
39
524
3668
331
42
22
101
41
156
8
44
425
450
163
154
189
80
31
229
772
147
283








PANAMA


CANAL


COMMISSION


Table 16.-Cargo Shipments by


Trade Routes-Pacific to Atlantic--Continued


[Thousands of long tonu]


Ficl yarr


HAWAII TO:
East Coast United States
West Indies...........
Other territories .......


Total


. t ..... ....... t....t....
* e t a * * * ** . * . t . * * *t � . * * * *. C
* S tttt* ** a * a *a*s 50 aa e was *�*�
. .......... ... .


126

51
177


101
20
75
196


20
137


OCEANIA TO:
East Coast United States
East Coast Canada .....
East Coast Central Amerin
Cristobal, R.P..........
East Coast South America
West Indies............


Cuba ..........
Jamaica ........
Puerto Rico ....
Trinidad/Tobago
Other .........
Europe.............


Belgium .......
France .... . . .
Italy ..........
Netherlands....
Norway......
Poland ........
Spain-Portugal.
United Kingdom
U.S.S.R. ......
West Germany.
Other .. .......


Africa .....
Total


* e * * s ftta C e t
******* 545* ttt1a.. s eec.


* * * * . t * * * * ** * *


.." .. " ""t.... "a"t".... ...
* e...t...........t.tt.at.......


2,407
402
78
8
23
127

4
38
16
69
1,309
49


. . . . . . . . . . . . . . . . . . . . . . . . .


fttt ** *S C* S*******�* **9 f* p C *CttS * S
a..at... .a.*.q.........t...... ...,
...t. .a ..a....................te
* . * afef. a.... C C ...*..* f. .......

. . . . . . . . . . . ......�. .. .�
* ******* *aa ft* ** * * �*t* ttt* * t <*� te**
. .* . at c. .... * eec. .a .. ea...

tat...,.. .ftc. ..a. . C... * * ft,..
ft .............t.......... . a f....t


. . � � � . �... . . * * * a s t t tt C s e *t* � c a �


ASIA TO:
East Coast United States
East Coast Canada .....
East Coast Central Ameri
Cristobal, R.P..........
East Coast South America


Argentina
Brazil....
Colombia.
Guayana .
Surinam..
Venezuela
Other ...


. " . . . . . . . .. . . . . . . . ..
S. . . . . . . . . . . . . . . . . ..
case�....... . f. .tat.a�. . ..... f


.........a....ate....... eaa t...... sa

...e..e.e...t..a.......t.~e.a t......

.a...............C5eft a.......,.tat.et
**..... t. tat...s. . e.t.t...t........... S


4,354


11,263
306
208
151
1,256
29
101
288
3
10
700
17S


2,755
482
71
9
63
73
2
11
17
19
24
1422
58
126
16
148
32
8
33
519
17
265
200
1
4,876


338
240
150
1,191
20
93
171
4
21
782
inn


3,322
651
51
5
100
191
46
24
72
26
23
1612
65
82
8
177
4
10
52
615
14
324
261

5,932


11,751
437
362
132
1443
26
135
157
11
24
1,053









84


Table 16.- Cargo Shipments b:


STATISTICAL


TABLES


y Trade Routes-Pacific to Atlantic-Continued

[Thousands of long tons]


Fiscal year


ASIA TO-Continued
Europe-Continued
Italy . ..... .
Netherlands...
Norway ......
Poland .......
Spain-Portugal
Sweden ......


Turkey . . . . . . .
United Kingdom
West Germany .


*


Other .......
Asia (Middle East)
Israel .......
Other .......


Africa......
Total


* tt* S S5S *~~.9 ** *9 9*9 9 *t


* *5*5S9
See...


* .5


Ce C


* * * tees :e** C. *S *9**** .94


.* 0 *** * .. . * . t..* * . ..


~9e*t 9*.


20
35
1
1
16


17
29
16
11


28
3
39
10


S S S 5 * ** t~t SS* CeS OS


* ... . * * ....... . * St 50 . S*SS. .. ..
*.*.e. . Q.* *S*S***t. O " CCSSSSSS" " *s"S. . *. "9*4


24
14,374


10
14,263


10


9
15.498


Total Cargo-Pacific to Atlantic


82,473


75.144


74,414









PANAMA


CANAL


COMMISSION


Table


17.-Important


Commodity


Shipments


Over


Principal


Trade


Routes


Atlantic to Pacific

[Thousands of long tons]


EAST COAST UNITED STATES TO WEST COAST
UNITED STATES:
Canned and refrigerated foods, miscellaneous
Chemicals and petroleum chemicals ........


Caustic soda . . . . . . . . . . . . . . . . . . . .
Chemicals, unclassified ............
Petroleum chemicals, miscellaneous.
Machinery and equipment, miscellaneous
Manufactures of iron and steel .........


Plates, sheets, and coil
Tubes, pipes, and fittir
Other and unclassified
Nitrates, phosphates, and p
Ammonium compound
Fertilizers, unclassified
Phosphates .........
Ores and metals .........
Ore, alumina! bauxite
Petroleum and products ..
Crude oil ...........
Diesel oil ...........
Fuel oil, residual ....


Gasoline...
Jet fuel....
Kerosene ..
Lubricating
Other and u
Miscellaneous..


* a a< *
..'..
* .. ..
oil ..
oil ..


* .. .
S...
* a C .
. St.


classified
S....*....


All other and unclassified


Total


."'...a.
....amt.#.


� as.......a

� . .'. . .55 .5
� a. * . a. . ..a.
* . . . * . I .b .. *


l .. a a. . * ..a �. * . . � � �. � �

s . * * * . * . �. . * * . a a * . * * . .

a .4.s.t..a...a...*....a... 4
otash ...................*
s . . . . . . . . . . .. . . . . . . . . . .t







*** ***** * * *bs * 5 *6* 4* t * * � * bS*
* ...a.*S.a. ......m.e.a .... SSa .
.ass............ase.......

*.S S...*... .. a.............tS
* � . . t t " * . . � � � m � . . . . . . . � . *


�.... .. .. .. �� .. � ..� ..
.....�.�......... "... .. .
...." �....."... ... ...
�...".�.." ...."..�...
�... .... .� ... �.. � ..


"".. . ...� �� . . �..
* Ua"a.... . "..... a� ....�
*S.....*.b.***...5...*.t
* ...45a.5...s.ses.......


I1
520
208
159
153
1
2
2
* a... 4

252
22
48
182
133
133
1.414
190

175
143
312

534
60
281
281
2,604


Fiscal year
1979

1
558
229
181
148
3
7

7

156
35
26
95
340
340
1516
174
66
92
389
417
25
353
* . . . a
268
268
2.849


I
574
198
148
228
2
41

18
23
180
27
19
134
158
158
1660
29
49
40
1,056
118

368
...231
231

2,847


EAST COAST UNITED STATES TO WEST COAST
CANADA:
Chemicals and petroleum chemicals ...


Caustic soda .......
Minerals, miscellaneous .
Salt.... ..........


. . * a a at
�...'..


Nitrates, phosphates, and potash


Phosphates .
Miscellaneous ...


.aa....
* . . * a..


All other and unclassified


Total


.a ...... S S.sta es S aa.. .
b.......... ....att...

S.a.e.e.s..........* *


.eas.......S.*.* b.b ..a.a.a

........t..a. a.a....S....S .
..S....aa.. .......s... . *


13
13


851
851
41
41
905


9
9
21
21
804
804
1
I
835


17
17
*.....

752
752



769


~ -r - -. -








STATISTICAL


TABLES


Table


17.--Important


Commodity


Shipments


Over


Principal


Trade


Routes


Atlantic to Pacific-Continued

[Thousands of long tons]


EAST COAST UNITED STATES TO WEST COAST
CENTRAL AMERICA-Continued
Minerals, miscellaneous ..............


Soda and sodium compounds
Nitrates, phosphates, and potash .
Ammonium compounds .....
Fertilizers, unclassified ......
Phosphates ...............
Potash ...................
Phosp a et s . . . . . . . . . . . . . . . .
Ores and metals ...............
Metals, miscellaneous .......
Other agricultural commodities...
Oilseeds ....... . ........
Petroleum and products ........


Gasoline......
Lubricating oil
Miscellaneous .....


Flour, wheat ......
Paper and paper prc
Tallow ...........
All other and unclas


Total


* CCC*** U
Cc....e.C.,...c.c.


* cccc*e'e* CCC.....
* S S S C C C CeCecCet CCC
cc...O...ee.e.*OO.
* CecCCCCC eceeceeCe


* S * * * S C CC t4 . a ****
. .C. C . e e . . . . . . .c. e
. . . . . . � � � . .. . . . . �.


Sducts . . . . . . . . . . . . . . . . . . .
*ducts * . * ..............

sified .... . . .. ...........
. ....�....... .......... 0


EAST COAST UNITED STATES TO WEST COAST
SOUTH AMERICA:
Canned and refrigerated foods, miscellaneous
Chemicals and petroleum chemicals ........
Caustic soda ....... ..............


Chemicals, unclassified ..........
Petroleum chemicals, miscellaneous
Coal and coke ....... .. ...........


Grains ......
Corn....
Oats ....
Sorghum
Soybeans
Wheat ..


. . . etC.**


..C .c ........S
* C . C . S S S S . . . .
* C *C C C C C C


ee........C. S.S. CC... cp......C.m.c...C . C
C........*...*c ...3 ..........C ..S ...CC.C
CC.C. C . . . .. . . . .*SC . . CC. S . CS. CC. CCC C C .C
......CCC......SS. CCCCC...........CC ..C
* C.cC .C ....c ............C .......C ..C.CCC
.................... CSSS*CC....C.CmC..


Other and unclassified
Lumber and products ....
Pulpwood ..........
Other and unclassified
Machinery and eauinment


.


..S.SCCC.......t..c......
..CCC.................... C
c.......tee..............C
.............C.ec...C..S.CC
........C........S C ....C.C.C


11
11
399
44
267
45
43
1
1
28
28
18
2
16
52
3
31
1
17
3,325


272
76
179
17
507
2,436
667
13
49
49
1,590
68
13
10
3
191


Fiscal year
1979

19
19
382
16
203
146
17
21
21
59
59
11
I
10
60
2
31
2
25
2,254


192
57
118
17
144
1,602
183
10
69
46
1,251
43
12
6
6
179


13
13
373
28
219
86
40



21

16
2
14
111
2
50
......
59
2,347


106
24
62
20
147
1.931
169
4
6
61
1,689
2
18
16
2
180








PANAMA


CANAL


COMMISSION


Table


17.-Important


Commodity


Shipments


Over


Principal


Trade


Routes


Atlantic to Pacific-Continued

[Thousands of long tons]


Fiscal year


EAST COAST UNITED STATES TO WEST COAST
SOUTH AMERICA-Continued
Minerals, miscellaneous-Continued


Sulfur. . . . . . . . . . . . . . . .
Other and unclassified..
Nitrates, phosphates, and pot
Ammpnium compounds
Fertilizers, unclassified .


Phosphates .......
Potash ..... . . . . ..
and metals .......
Ores, miscellaneous
Metals . . . . . . . . . .


Scrap ....... . . . .
Tin, including tinplat
Other and unclassified
Other agricultural commodities
Sugar .................
Other and unclassified...
Petroleum and products .....
Lubricating oil .......
Other and unclassified...
Miscellaneous..............
Bricks and tile .........
Carbon black ..........
Clay, fire and china.....
Flour, wheat...........
Groceries, miscellaneous.
Oil, coconut ...........
Oil, vegetable ..........
Paper and paper products
Resin .................
Rubber, manufactured ..
Tallow . . .. . . . . . . . . .
Textiles ...............
All other and unclassified


a s h . . . . . . . . . . . . . . . . . . . .

.. . W � * tet . . S.S.W.... .


......tttt..............*.....
. * . . . . * . * . . . . * * . . . . . � . . . .
. . . " . " " " " . " " " " " " � " . " . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . ..


te. t Wctt. tSC P *W * 0*4*


C... a... * . t t S S etc
* t * * s C * C * * * * C S * *cS
#S** t*S�*SS* SS ** ����*** Ct ecS
* **S*C** * *S** * **�* ** * * 5CC
* *co *S cc* C Ce St * * *
*..... S...c.W.c..........






* C S S * 5 * ' ** * cc * * *�*
* c. c Sc. ..... . *S ...*.* P
* C.WS.c *cc.. tot CO.. .. C
* .c .*. .CC.CC. . S. . . . 50.. ...
...................... C





*.........e...a..........


Total


* .*.* .
3
366
45
104
182
35
33
9
_24
8
5
11
76
72
4
47
43
4
705
8
1
I3
15
15
16
1
114
120
54
19
39
16
287
4873


12
3
308
37
108
159
4
36
11
325
10
2
13
5

5
83
40
43
624
10


99
92
42
14
34
15
240
3,354


3
4
218
9
55
137
17
22
5
5O7
6
3
8
5

5
60
41
19
507
9
2
10
36
2

122
100
27
8
18
7
166
3,298


EAST COAST UNITED STATES TO BALBOA. R.P.:
Canned and refrigerated foods, miscellaneous


Grains
Coi
Wh
Oth


rn * . � . * . * * . C . C t t . . . . . S . W . . . C �
Ieat ..........................
eir and unclassified.............


C * " " " . C "

..CS.........


6
82
29
44
9


4
83
22
57
4


2
45

43
2








STATISTICAL


TABLES


Table


17.--Important


Commodity


Shipments


Over


Principal


Trade


Routes


Atlantic to Pacific-Continued

[Thousands of long tons]


EAST COAST UNITED STATES TO HAWAII--
Continued
Miscellaneous ................... .
All other and unclassified......
Total ....................
EAST COAST UNITED STATES TO OCEANIA:
Chemicals and petroleum chemicals.
Caustic soda ..... ............


Chemicals,
Petroleum
Coal and coke
Grains .......
Rice .....
Soybeans.
Other and


unclassified ...........
chemicals, miscellaneous


*e* * * *�* ** S

test......e.

unclassified.


1980
55
55
81


* C C C ** **S*


� � . .. g ... ......... � � gt"



.... . . . . . ... . . .. � * � * �


Lumber and products ................... ..
Pulpwood ...........................
Other and unclassified.. .... .........
Machinery and equipment .................
Agricultural machinery and implements ..
Automobiles, trucks, accessories and parts
Construction machinery and equipment ..
Electrical machinery and apparatus ......
Other and unclassified..................
Manufactures of iron and steel, miscellaneous.


Minerals, miscellaneous .........
Soda and sodium compounds
Sulfur. . . . .. . . . . . . . . . .... ..
Other and unclassified.......
Nitrates, phosphates, and potash .


Ammonium compounds ..
Fertilizers, unclassified ...
Phosphates ...........
Potash . . . . . . .........
and metals, miscellaneous


Petroleum and products ..
Lubricating oil ......
Petroleum coke .....
Other and unclassified
Miscellaneous ...........
Bricks and tile ......
Carbon black .......
Clay, fire and china..


e.g...... 0g*eeem~t
* * * * * g*eg*e*** ceCt
* . m * g g * CCmCCSCCC 5*
* S * *~CSC'C** C. CCt~
* * * g*e*ee*t* C. C C


g* C * t 555 *****C** 555*5
*tttsemCC C Ctt**.t*~ St
Ce ~ ~ SCSG***CC ***** Ctt
* S S C C * * C C * C *5*C~ttt 55
* m *SSSS*@9@9 S St 5*55CC
.SSSSCC@SCC U **St*eeet
* S * * g * *SCt*5*C C C eSS me
* . . . *Oe. ..e.eeee*C . S.
m * CSCS5S*t ee***t.* S * S


* **** * S * Se CCCCCCC*PC* S� m
t . � tt . t * * � � � � � "** e g e
..S......... *..t *e. m .....
.S........................e


671
453
181
37
20
29
1
25
3
6
5
I
26
11
4
5


58

!58

654
24
72
552
6
3
185
36
92
57
843
4
36
15


Fiscal year
1979
42
42
84


579
439
109
31
11
12
6
6

11
9
2
20
3
2
7
3
5
4
85

85

262
20
59
162
21
5
148
26
52
70
807
1
2
36


1978
22
22
22


396
253
120
23
2
21
1
20

10
10

20
3
4
8
2
3
5
9
8


97
7
25
22
43
7
87
36
45
6
621
4
1
23








PANAMA


CANAL


COMMISSION


Table


17.-Important


Commodity


Shipments


Over


Principal


Trade


Routes


Atlantic to Pacfic--Continued

[Thousaunds of long tons]


Fiscal year


EAST COAST UNITED STATES TO ASIA--
Continued
Canned and refrigerated foods-Continued


N eat . . * . * . . . . . . . . . . . . * . .
Other and unclassified........
Chemicals and petroleum chemicals ....
Caustic soda ........... ....... ..


Chemicals,
Petroleum
Coal and coke
Grains .......
Barley....
Corn.....
Oats .....
Rice .....
Sorghum.
Soybeans.
Wheat ..
Other and


unclassified ..........
chemicals, miscellaneous


.* . � . . . . . . . . .

. .. � � * � �� . . . .


*..*....S..S.....S . t... gt. g....e....... . *
..**.. C..SS..*. ***...* .. .. ...... e* * *
� . . . . . .. . . . � � . . . . . . .. . . . . . . . . . . . ..
* . *...** C. . **.*.*..*.* C .. ..* * S S * t *C
* * * g ge * ** S * * O* ** CC*CSS�5 * *S�t*CS*

* g * * * * C C * t C * C S C * �*Ce t # S C S C S S S S C ***


unclassified


Lumber and products ....
Pnlnnwnnd


..*..tt .........*t.* ........*
..C..............*S* *.**.C .. *
..............*.*.*.....**S * *


p W.I. v.r... * * * � C S* * * * * � � S � �
Other and unclassified.........
Machinery and equipment ........
Agricultural machinery and imp.
Automobiles, trucks, accessories
Construction machinery and equ
Electrical machinery and appara
Other and unclassified.........
Manufactures of iron and steel .....
Angles, shapes, and sections ...


Plates, sheets, and coils.....
Tubes, pipes, and fittings ...
Wires, bars, and rods ......
Other and unclassified......
Minerals, miscellaneous ........
Nitrates, phosphates, and potash


Ammonium compounds


Fertilizers,
Fishmeal ..
Phosphates
Potash ....
and metals
Ores ......


unclassified


".."�... �. ... .
..""...�.....�� �.....


elements .
and part
lipment .
tus .....


........


S...............S
g. S...e. . .. . .. .
*............e ...


. . C......... C ......
. ....... go........
S.CS...............C.C
........t.t...g.....C


.. . . . . . . .. . . . .
� g . g�. Ct... . . � �.C SS Cg . S


. S � . . *S.�t ... *�. .. g... .. . .. * � . . C
. . . � . . . . ... . . . . . . . . ..�. . . .. . .� . . .
.. . . . . . . . . ... . . . . . . . . �. . . . . . . . . ..
. . .. . . . . . . . . .. . . . . . . . . . . . . . . � . . .
C. * tOOO� * SS* * �************* 0e O CC S * C * *C*CCCC,
C C Ct C C S * ggtee.CS* *** �** *C gs gg t C *CCSS g


Alumina/bauxite ....


*.C t ..t*S e . � . .�t .. S


84
1683
160
1,102
421
13,490
22,460
25
10,395

162
2,586
6,294
2,905
93
319
163
156
105
5
14
42
13
31
275
20
88
83
52
32
7
4.485

466
4
4,003
12
2,453
43
14


1
79
1,594
128
1,088
378
10,254
22,464

12,433
6
99
1,657
5,613
2,627
29
139
133
6
100
11
30
38
7
14
261
17
91
117
3
33
1
4.435
20
449

3,960
6
3077
65
I


I
72
902
18
549
335
7,905
19.067
27
9,623
22
159
2,054
5,192
1,902
88
57
54
3
91
7
29
35
6
14
123
3
75
11
1
33

3,921

499

3,391
31
2164
108
13








STATISTICAL


TABLES


Table


17. -Important


Commodity


Shipments


Over


Principal


Trade


Routes


Atlantic to Pacific-Continued

[Thousands of long tons]


Fiscal year


EAST COAST UNITED STATES TO
Continued
Petroleum and products-C
Liquefied natural gas..
Lubricating oil .......
Petroleum coke ......
Other and unclassified.
Miscellaneous............
Bricks and tile .......
Carbon black ........
Clay, fire and china...
Flour, wheat.........


Groceries, miscellaneous
Oil, vegetable .........


Paper and paper pr<
Resin ............
Rubber, manufacture
Tallow ...........
Textiles ..........
Tobacco and manuf
All other and unclas
Total .. ..... . . .

EAST COAST CANADA TO WE!
Manufactures of iron an
Ores and metals ......
Metal, iron .......
Ores, miscellaneous
Petroleum and products


Jet fuel...
Miscellaneous.
Cement ..
Paper and
Slag .....


...�....
..S..S..
*. . S.S .. S


3duc

,ed .


actu
,sifie
* S 4


ASIA-


continued


* S *4t t*#tS S S SS * S * 5*

*.t.S1t. S S S S 50555*55
St...... S S S 55 *e5@St**





* .. 4**** 55.5.... S SS S


ST COAST UNITED STATES:
d steel, miscellaneous ...


S * S S


S St S S 5*5*..*****S S S SS S S


. . . . . . . � . . . � � . . . . � . . . . � . " �
*.......tS.. ..*.S..S.S..........


paper products
S....*. ......* *


All other and unclassified.
Total .............. .


* S*****S 5*#tt~*t S S S S
* S..SUSSS .* S 5555555*5
* a Stt * S S S 55555*5*55**
* S S S S S S S S 4**S**St S tIS


172
69
69
3715
3
24
337
19
9
131
240
87
10
34
156
53
2,612
50,083


2
25
O.....
25


24

13

11
51


170
138
32
3,140
5
4
301
12
7
104
74
83
11
5
48
82
2404
46,522



5
5



284

36
225
23
289


141
129
9
2,177
2
1
191
37

146
51
40
1
35
34
77
1,562
37 175



28
5
23
56
56
150
35
75
35
5
234


EAST COAST CANADA TO WEST COAST CENTRAL AMERICA:
M miscellaneous .................. . ..............
Paper and paper products ..................
All other and unclassified .....................
Total ..... ...... ... . . . . . . . . . . . ..


47
11
36
47


34
18
16
34


29
22
7
29


--- �








PANAMA


CANAL


COMMISSION


Table


17.- Important


Commodity


Shipments


Over


Principal


Trade


Routes


Atlantic to Pacific-Continued

[Thousands of long tons]


EAST COAST CANADA TO WEST COAST SOUTH AMERICA--
Continued


Miscellaneous


Paper and paper products
All other and unclassified


Total


EAST COAST CANADA TO OCEANIA:
Petroleum and products .....
Gasoline. . . . . . . . . . . . . .
Other and unclassified...
Miscellaneous .. ...........


Paper and paper products
All other and unclassified.


Fiscal year


97


55
186


75


68
48
20
108


28
126


* . . I * 55
. . . . . . 22


S * * C C


163
224


Total


209
48
161
209


33
170
34
136
225


EAST COAST CANADA TO ASIA:
Canned and refrigerated foods


Refrigerated foods.


Other and unclassified....
Chemicals and petroleum chemicals,
G rains . ............ .. .... . ..


Barley...
Corn....
Soybeans
Wheat ..


P9:B# S


miscellaneous


* * * P *eaa* S******** * 4*~***s* * *
* C C ***at*a #t*t**** a * * * . . p * s * *
* C C * * * * CCC *P#SCCC*~ ******** S
* C S * * P P *6C*SSWBCC P**a****B B**


Lumber and products


Pulpwood . . . . . . . . . . . . . . . . . ..
Machinery and equipment, miscellaneous ....
Manufactures of iron and steel, miscellaneous
Minerals, miscellaneous ...............


* .... 13
237


43


98


519

12


84


.. .P ..B
, , S.. ...


I


Asbestos .........
Ores and metals .......
Ores, miscellaneous
Metals ..... ......


304


167


I


410


162


Scrap ..............
Other and unclassified


Other agricultural commodities
Beans, edible............
Miscellaneous ...............


*p.e.p..e*.*... .. a.... C

..................... *


657


* t...

625


87
87


51
51


322


85
38


I

394


232


68
8
8
538








STATISTICAL


TABLES


Table


17.-Important


Commodity


Shipments


Over


Principal


Trade


Routes


Atlantic to Pacific-Continued

[Thousands of long tons]


Fiscal year


EAST COAST CENTRAL AMERICA TO WEST COAST CENTRAL
AMERICA:
Coal and coke ... .. . . . . . . ... ... ... . . ......... . . .
Minerals, miscellaneous ........... .. ...........


Sulfur. . . . . . . . . . . . .......
Nitrates, phosphates, and potash


94


.. .... 107


23


37


49


55


Ammonium compounds.
Phosphates ...........
Fertilizers, miscellaneous
Petroleum and products .....


* et...... . *0****** * S**
** * m .me. * St***C** * .
* * *mes..*** ** SC~~S~C


1140
r~~


1,097


563


Crude oil...........
Diesel oil...........
Fuel oil, residual ...
Gasoline............
Other and unclassified
Miscellaneous .........


All other and unclassified


Total


.. .. . . . . .. . . . . . . . 63


S..... 41


1,039
28


S. .. . 8


17
17
1,251


3
3
1,178


2
2
758


EAST COAST CENTRAL AMERICA TO WEST COAST SOUTH
AMERICA:
Nitrates, phosphates, and potash .............


Phosphates ............
Fertilizers, miscellaneous
Petroleum and products .....


Gasoline . . . . . . . . . . ..
Other and unclassified
Miscellaneous ...........


.. t e' �S �Ct * � " " ' � "
. . . . *S . . � � " ' " " " * C


16

16
52


* tee..
4
* a .* . **
4
35


29


Cement .. ............
All other and unclassified


Total


EAST COAST CENTRAL AMERICA TO BALBOA. R.P.:


Petroleum and products ..
Diesel oil .......... .
Fuel, oil, residual....
Gasoline............
Other and unclassified


* ** C * C * * * *S *CStt*SO CSS St
* C C * S S * * 5559*555*t tesSem


Total


EAST COAST CENTRAL AMERICA TO OCEANIA:
M miscellaneous ........... . . . . .......
All nther and iindnlaified ......


52
70


33
39


36
106


203


6
211


199


203


10
10


5


5


4
4


5









PANAMA


CANAL


COMMISSION


Table


17.- Important


Commodity


Shipments


Over


Principal


Trade


Routes


Atlantic to Pacific-Continued

[Thousands of long tons]


Fiscal year


In io7


EAST COAST SOUTH AMERICA TO WEST COAST UNITED
STATES:
Canned and refrigerated foods, miscellaneous ...
Lumber and products, miscellaneous .... ......
Ores and metals . . . . . . . . . . . . . . . . . . . . . . . . . . . .


Ores . . . . . . . . . . . .....
Alumina/ bauxite
Iron ...........
Manganese .....
Metal, iron .........


* *4*t*t~* * * SW *EtS*st** * S S
* as *4****a* a.... S St


Other agricultural commodities


Cocoa and cacao beans
Coffee ..............


.. S. . 1


Sugar .. . . . . . . ...
Peas, dried .......
Petroleum and products
Crude oil .........


. . . . . . . . . . . . . . . . . . . . . . 0.
......t ..* . . . ..s SSS* . * .......t


41


* S * 5


4
75
S " * ".* "


Fuel oil, residual
Gasoline......


. . . . . . .. ..... . . . . . . . . . . . . . . . 34


Jet fuel...
Kerosene .


a.. . S
...'...


Other and unclassified...
Miscellaneous ............
All other and unclassified


* S S SS S *SS etSSS** C *t*S4: aS *


..*.s..
"... . "


49
".S...


Total


EAST COAST SOUTH AMERICA TO WEST COAST CANADA:
Petroleum and products ................. .....
Fuel oil, residual . . . . . . . . . . . . . . . . . . . . .


Jet fuel..
Miscellaneous


29


S S 555


. . . .. . ..... .. ......... 29


All other and unclassified


Total


46


EAST COAST SOUTH AMERICA TO WEST COAST CENTRAL
AMERICA:


Coal . . .
Grains .


2


78


Sorghum . . . . .....
Soybeans . . . .. . . . . .
Other and unclassified


. . . . . 60


................... . 2


ii


5
5
16


20


"""


... ..