Front Cover
        Front Cover 1
        Front Cover 2
    Letter of transmittal
        Page i
        Page ii
    Table of Contents
        Page iii
        Page iv
        Page v
    Organization chart
        Page vi
    Introduction
        Page 1
        Page 2
        Page 3
        Page 4
        Page 5
        Page 6
    Canal traffic
        Page 7
        Page 8
        Page 9
        Page 10
        Page 11
        Page 12
        Page 13
        Page 14
    Canal operations
        Page 15
        Page 16
        Page 17
        Page 18
    Supporting operations
        Page 19
        Page 20
        Page 21
        Page 22
        Page 23
        Page 24
    Administration and staff
        Page 25
        Page 26
        Page 27
        Page 28
    Financial report
        Page 29
        Page 30
        Page 31
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        Page 48
    Statistical tables
        Page 49
        Page 50
        Page 51
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    Back Cover
        Page 121
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3 1


PANAMA


CANAL


COMMISSION


FISCAL YEAR ENDED SEPTEMBER 30, 1986


7


AL


REPORT









































































































I














ANAMA


CANAL


COMMISSION


Balboa


, Republic of Panama


OFFICE


THE


ADMINISTRATOR


FROM


THE


ADMIN


STRATOR


is a pleasure


submit


annual


report


Panama


Canal


Commission


for fi


cal year 1986.


The


seventh


year


operation,


under the terms


of the


Panama


Canal


Treaty,


was notably successful.


Most major element


of Canal traffic and


tolls revenue approached or exceeded record


Tolls revenue regi


an increase of 7.3 percent over the previous fiscal year and the average


transiting vessels was the largest in Canal history


tered
ize of


PANAMAX-size vessels


the largest vessels capable of navigating the waterway, comprised nearly


percent of tota


oceangoing transits and use


of the Cana


uch v


esse


expected to continue rising.


number


maintenance,


modernization and improvement


programs


were underway or completed during the year to enhance the efficiency of the


Cana


These


included


the overhaul


four


miter


gates at


Pedro


Miguel


Locks,
marine


completion


traffic


first


control


phase of


capabilities


a long-range


continued


project


to upgrade


dredging


waterway to improve navigational safety


As a result. the Canal remains in


*






The Commission has been able to enjoy a productive businesslike posture
because of the fine performance by many skilled men and women who serve


at the Cana


In fulfillment of treaty obligations,


t please


me to report that


Panamanians now compose over 81


percent of the work force.


Continued


emphasis


on training


programs


should


further


expand


number


Panamanians in key management and supervisory positions.


Thanks


remains an


to the


efficient


countless


, highly


efforts


competitive


its employees,


tran


Panama


portation system.


Canal
remain


confident that the waterway will be capable of handling expected demand
for its important transit service well into the future.


MCAULIFFE,


Administrator



















TABLE OF CONTENTS


PANAMA CANAL COMMISSION


Page


ORGANIZATION CHART..........................................


INTRODUCTION
ORGANIZATION .............
THE CANAL .................
TOLL RATES ................
BOARD OF DIRECTORS ....
OFFICIALS IN THE REPUBLIC
OFFICIALS IN WASHINGTON,


f f f f f f f 9.... ..... Sf.t* .S f....... .S . .0.ff ft
* . � . . . . . . f . . . . . .. ... . . . . . . . ..
. . . . . � � � . � � � . . . . . . . . . . . . . . .


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OF PANAMA
D.C. ......,..


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CHAPTER I-CANAL TRAFFIC
T R A FFIC . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
COMPARATIVE HIGHLIGHTS OF OPERATIONS ..................
COMMODITIES AND TRADE ROUTES .............................


CHAPTER II-CANAL OPERATIONS
TRANSIT OPERATIONS .................. ................... .....
MAINTENANCE AND RELATED CANAL PROJECTS................


CHAPTER III-SUPPORTING OPERATIONS
LOGISTICAL SERVICES.......................
COMMUNITY SERVICES ......................
SANITATION AND GROUNDS MANAGEMENT
TRANSPORTATION FACILITIES ...........
PUBLIC UTILITIES AND ENERGY.............
FIRE PROTECTION .............. ........
CANAL PROTECTION.........................
HEALTH AND SAFETY .......................


......f.. . ft......



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CHAPTER IV- ADMINISTRATION AND STAFF


PERSONNEL: FORCE EMPLOYED AND
EQUAL OPPORTUNITY PROGRAM ....
DIII I" A CCAIDC'


PAYROLL


ft ftfft.t. f.ftft..t*. ft. ft...... .ft..







CONTENTS


Financial Tables


TABLE
TABLE
TABLE


1.-Statement of Financial Position ........................
2.-Statement of Operations and Non-Interest-Bearing Investment
3.-Statement of Changes in the Investment of the United States


* 50t5S


Government


S... . . . . . . .. . 34


TABLE
TABLE
TABLE


-Statement of Changes


in Financial Position .


-Statement of Status of Appropriations.


-Statement of Property


Plant, and Equipment


".S *S." .. *. "" .. '.
.........*.. *.." ...
........... .". "0"


Notes to Financial Statements.


. . . . . . . . ......... . . 4 1


CHAPTER


-STATISTICAL


TABLES


Shipping Statistics


TABLE
TABLE


-Panama Canal Traffic-Fisca


Years


1977 through


-Oceangoing Commercial Traffic by Months-Fiscal Years


and 1985


1986
. . .* CS


TABLE
TABLE
TABLE
TABLE


-Canal Traffic by Flag of Vessel


-Classification of Canal Traffic by


-Fiscal Year


Type of Vessel-Fiscal Year


-Laden and Ballast Traffic by Flag of Vessel-Fiscal Year


6.-Segregation


of Transits


Registered


Gross


... * 53


1986
' C S


Tonnage- Fiscal


Year 1986 ...........


6S SS CC SS ' *S SS SC SS SS a* CC a*60


TABLE
TABLE


- Principa


Commodities Shipped Through Cana


-Origin and Destination of Commercial Cargo


by Fiscal Years.


�.. 62


Through the Panama


Canal from Atlantic to Pacific During Fiscal Year


by Countries


TABLE


in Principal Trade Areas.


-Origin and Destination of Commercial Cargo


1986 Segregated


.................. . 66


Through the Panama


Canal from Pacific to Atlantic During Fiscal Year


by Countries in Principal Trade Areas.


986 Segregated
............ . 72


TABLE


-Important


Commodity


Shipments


Over


Principal Trade


Routes--


Atlantic to Pacific ....


S.. ..... . 80


TABLE


1.-Important


Commodity


Shipments


Over


Principal Trade


Routes--


Pacific to Atlantic


. . . . . . . . . 97


TABLE


-Principal Canal Commodities by Direction


-Fiscal Year


S * C *I


Other Statistics


TABLE


-Water Supply and Usage


S SS *S C S S * 554* 55 C C 5* C ta*S a aI


. . . . . . 50


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INTRODUCTION
ORGANIZATION
The Panama Canal Commission is an agency of the Executive Branch of


the United States Government


, provided for by the Panama Cana


Treaty of


1977


, and established by the


U.S.C.


et seq),


enacted


Panama


Cana


September


Act of


979.


1979 (93 Stat.
The authority


452;


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


through


Commission


Secretary


is supervised


Defense


Secretary


a nine-member


Board


Army


Five


. The


members are


national


of the


United States appointed by the President with the advice


and consent of the Senate.


Four members are national


of the Republic of


Panama who are proposed by the Republic of Panama for appointment by
the President.
The Commission was established to carry out the responsibilities of the


United State


with respect to the Panama Cana


under the Panama Cana


Treaty


of 1977


. In fulfilling these obligations,


the Commission manages,


operates,


and maintain


the Canal, its complementary work


insta


atlons


and equipment, and provides


for the orderly transit of vessel


through the


Canal.


The


terminates


Commission


on December 31


perform


these


functions


until


, when the Republic of Panama wil


treaty
assume


full responsibility for the Canal.
The Commission is expected to recover through tolls and other revenues


costs


operating


maintaining


Canal,


including


interest


depreciation,
and payment


capital for plant replacement, expansion and improvements,


to the Republic of Panama for public service


in accordance with paragraph 5 of Article III and paragraph


and annuities,
4(a) and (b) of


Article XIII


, respectively


of the


Panama Cana


Treaty of 1977


Revenue


from


tolls and all


account known as the


other sources are deposited


Panama


Cana


n the U.S.


Commission Fund


Treasury in an
Appropriations


for operating expenses and capital improvements are enacted annually by


the Cnnonreg and are limittp tn thP


urm nftbs scthmcatltp m rPr'aInt


t-


fnr tb fa \ranr






INTRODUCTION


available


Canal storage areas;


however, the normal permissible transit


draft is 39 feet 6 inches tropical fresh water.


Ve:
Lake
three


s


sels tran


iting the Canal are raised in three steps to the level of Gatun


, the principal source of Canal water,


steps.


The


three


Canal


then lowered to sea level again in


ocks


are paired


so as to permit


simultaneous lockage of two vessels in the same or opposite direction.


Since August


,1914, the official date of it


opening, the Panama Canal


has served


world trade virtually without interruption.


Through thi


fiscal


year


, a total of 664,077 vessel


of all types have transited with 558,009 or 84.0


percent of the total being of the oceangoing commercial


class.


TOLL RATES


Toll


rates


are:


on merchant


vessels,


Army


Navy


transports,


hospital


$1.83


hips,


upply ships,


net vessel


and yachts, when carrying passengers or cargo:


cubic feet


of actual earning capacity,


determined in accordance with the


"Rules of Measurement of Vessels for the


Panama Canal;"


(b) on


uch vessels in ballast


, without passengers or cargo:


$1.46


per net vessel


ton; and (c) on


other floating craft,


$1.02 per ton of


displacement.


By treaty,


the United States continue


to provide to Colombia free transit


through the Cana


of its troops, materials of war, and ships of war







PANAMA


CANAL


COMMIS


SION


BOARD


DIRECTORS


Beginning Fiscal Year 1986


Honorable WILLIA


M R.


IANELLI,


Honorable ANDREW E. GIBsON


Chairman, Board of Directors


Panama Canal


Commission


Washing


ton, D.C.


Honorable


OYDEN ORTEGA


Panama, Republic


of Panama


Honorable


Luls A.


ANDERSON


Panama, Republic of Panama


His E


xcellency CA


RLOS OZORES


Panama, Republic


Honorable JOHN


A. BUSHNELL


Deputy Chief of Mission
U.S. Embassy


Honorable WILLIAM SIDELL


Buenos A ires,


Argentina


Poway, California


Honorable


FERNANDO CARDOZE


Honorable WILLIAM W


WATKIN, Jr.


Panama, Republic of Panama


Beaufort,


South Carolina


Executive Committee
Honorable WILLIAM R.


Cut Widening Feasibility Committee


IANELLI,


Honorable FERN


ANDO C


ARDOZE.


Chairman


Chairman


Honorable FERNANDO CARDOZE
Honorable OYDEN ORTEGA
Honorable WILLIAM SIDELL


Honorable ANDREW E.


GIlsoN


Honorable OYDEN ORTEGA


Honorable WILLIAM W


WATKIN, Jr.


Honorable WILLIAM W


WATKIN, Jr.


OFFICIALS


IN THE


REPUBLIC


OF PANAMA


Administrator


Deputy Administrator


.. Honorable D. P


.............. Honorable FERN


ANDO M


. McAULIFFE
ANFREDO, Jr.


OFFICIAL IN


WASHINGTON


, D.C.


Secretary


S...................... M ICHAEL RHODE, Jr.


Short Hills, New Jersey


Panama







INTRODUCTION


BOARD


DIRECTORS


Ending Fiscal Year 1986


Honorable WILLIAM R.


GIANELLI,


Chairman, Board of Directors
Panama Canal Commission


Honorable OYDEN ORTEGA


Panama, Republic


Washington, D.


Honorable CARLOS OZORES
Panama. Republic of Panama


Honorable LuIs A.


ANDERSON


Panama, Republic of Panama


Honorable WALTER V
Annapolis, Maryland


SHEA


Honorable ANDREW E.
Short Hills, New Jersey


GIBSON


Honorable CA


RLOS VEL


ARDE


Panama, Republic


Panama


Honorable RICH


ARD N


HOLWILL


Honorable


Beaufort,


WILL


AM W.


WATKIN, Jr.


South Carolina


Department


State


Washington, D. C.


Executive Committee


Honorable WILLIAM R.


GIANELL


Chairman
Honorable OYDEN ORTEGA


Honorable W
Honorable CA
Honorable WILLI


OFFICIALS IN


Administrator


ALTER V.
ARLOS VEL


AM W


SHEA
ARDE


WATKIN,


THE REPUBLIC OF PANAMA
,............... Honorable D. P.


Deputy Administrator


.............. Honorable FERN


ANDO M


ANFREDO, Jr.


OFFICIAL IN
Secretary . . . . . . . . . .


WASHINGTON
......... M ICH,


D.C.


4EL RHODE


of Panama


Deputy Assistant Secretary
Inter-American Affairs


MCAULIFFE













CANAL


TRAFFIC


* ' I'
--!

i


II















Chapter


CANAL


TRAFFIC


TRAFFIC


Most major elements of Canal traffic and tolls revenue in fiscal year 1
were near record levels and sharply above the levels reached during the p
year. The primary factor behind the substantial growth experienced in I
was the automobile trade. Contributing also to the strong performance
year were the container and petroleum and product movements.


Ocea
vessels
operate
Govern
transits


going transits in fi
daily from 11,654
d by the U.S. Gove
ment vessels made
in fiscal year 1985.


1 year
31.9 4
ment
trans


1986 rose 3.2 perce
daily the prior year
and free Colombia
its during the year


nt to 12,023 or
. Vessels owne
n and Panama
compared with


Average s
vessels with
percent of t
oceangoing
80 feet and
transits corn
the prior ye<
Panama Cai


from


- a r


hip size continued


be


ot
tra
ov
pa
ar.
mal


ams of 100 feet and ov<
al oceangoing transits,
nsits in fiscal year 1985.
er accounted for 5,898
red with 5,514 or 47.3 p
Average size of oceang
net tonnage, rose to a r
n - a -


14,676 tons ir


1 1985.


to increase in fiscal year


er rose 10.3 pe
from 2,382 or
Transits by ve
or 49.1 percent
percent of total


rcen
20.4
:ssel,
t of
ocea


1986. Transits
t to 2,627 or 21
percent of to
s having beams
total oceangoi
going transits


oing commercial vessels, in terms of
record 15,328 tons in fiscal year 1986


Total Panam
fiscal year 1986


a Canal net tonnage increased 7.9 percent to 183.8 million in
from 170.3 million tons in the prior year. Correspondingly,








CANAL


TRAFFIC


COMPARATIVE


HIGHLIGHTS


OPERATIONS


Fiscal rear


Oceangoing transit:
Commercial ...


em . . .. .. c. "* *** * e** * .* S * 1


1,925


1,515


Government


Free ...
Total


* ... *. ....
* . . *0* . .. .


12,023


11,654


Daily average


Small transits:
Commercial . ...
U.S. Government
Free . . . . . . . . . . .


T total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .


Total cargo:
Commercial . . . .. .. . . . . . . . .. . .... .... . . . ..


Government


Free . ....
Total ..


* 9~9 . eee...*.. C * S S S 55*~ *CCCC*** SW
C ~S S S 55**e*S *S******** S *#S****** * S
* S S * * C S S * C S S S S 55555555* as......


1,255



139,948,885
176,853
80
140.125.818


1,112



138,643,711
259,524
23
138,903,258


Total


Panama


ment tonnage


Canal
m. .


net tons and


reconstructed displace-


183,750,972


170,339,188


Transit revenue:
Commercial tolls ....
U.S. Government tolls


* C S e*S W S5 * a * . * * ebeeme m S S


Tolls revenue


Harbor pilotage, tug, launch, and other services


Total transit revenue.


* S S eeee~mIS
* ~ C C C C COStS


$321,163,325
1,570,877
$322,734,202


$67,363,962
$390,098,164


$298,571,512
2,236,402
$300,807,914


$61,025,161
$361,833,075


COMMODITIES


AND


TRADE


ROUTES


Oceangoing


commercial


cargo


totaled


139.9


million


long


tons during


fiscal year 1986, increasing 0.9 percent from the 138.6 million tons registered
the prior year. Twelve key commodity groups, shown on the chart on page
11, accounted for 84.6 percent of that total compared with 85.0 percent in


nOC


Tr 1. a n tn m nA ;


St


1r70a r fr'fl fIlftlAp


in raflnrk


trpnrl tniiarrl


*n fl Ui * I I **r * -. * **It*S* nI* Ut *U* AII * ***21. Uf1l tt*I*Itt L* I'eEts4 I. LA A Ltr YVLL rlll 11






PANAMA CANAL COMMISSION


tons, rising 27.8 percent over the 1.8 million tons registered the prior year.
Automobile shipments from Japan to the U.S. East Coast constituted 74.2
percent of the total automobile tonnage.


Petroleum and products continued to rank a


of tonnage in fiscal year 1986, accou
oceangoing commercial cargo. This incr
gains in the products movement, which at
increase of 24.9 percent from 14.3 million
totaled 12.9 million long tons, increasing
tons in the prior year.


ntin^
'ease
17.9
tons
4.1 p


the princi


for
was p
million
in 198
percent


22.1
rimar
n loni
5. Cn
from


pal trade in terms
percent of total
ily due to sharp
g tons, showed an
ude oil shipments
12.4 million long


, the second,
i .


tonnage, snowea a
percent to 22.9 mill
components in the g
rice and oats-with t
price of U.S. grain re
the U.S. dollar, incr
the attainment of se
that continue to adv
Additionally, wheat
through U.S. West
components of the
increases. Corn shit


soybean
totaling


s rose 6.9
2.3 million


the U.S. to
movement,
destinations.


the
with


p
t
Fi


d second major commodity group in the Car
decline for the fourth consecutive year, drop


ion tons fro
roup account
he largest de
suiting from
eased compe
If-sufficiency


ersely affe
shipment
Coast pc
grain gr
)ments in(
percentt to
ons, rema
ar East c


Japan,


�rt


ou
:re
6.1
ine


m 23.5 million long tons ii
ted for the drop in the grain
dine reflected in the wheat t:
price support programs and
tuition from other exporting
by some importing country
U.S. grain exports via the P
to the Far East are increa,
;, bypassing the Canal. Otl
p, such as corn and soyb
ased 5.1 percent to 8.6 mil
8 million tons. The sorghu
:d at the 1985 level. Grain sh


onstituted 7


Taiwan


7.1


South


percent
Korea


of th
being


n 198
trade
rade.
the st
coun
ies ar
anan
singly
her ii
means,
lion
m m(
iipme
ie tol


lal cargo
)ping 2.7
5. Three
-wheat,
The high
rength of
tries and
e factors
la Canal.
moving
important
showed
tons and
movement,
mnts from
tal grain
principal


Coal and coke, the third commodity group in fiscal year 1986, decreased


11.1 percent to 10.2
most of the decrease
Japan dropped 21.0
million tons the prio
a number of factors,
imports and a contin


million
e due
pierce
r year
inclu(
rued t;


n to
to 1
nt tc
.The
ling


ns from 11.5 milli
lower shipments
S3.8 million tons
drop in U.S. coal
a decline in the U.


rend toward coal bypa


.4 A' A P


on tons t
to Japan
in fiscal*
shipment
S. market
Lss mover
* - * .


he prior 3
. Coal to
year 1986
ts to Japa
t share of
nents via


iear, with
innage to
from 4.8
in reflects
Japanese
Africa as
t


Grains






CANAL


TRAFFIC


Commodity
phosphates, p
manufactures
long tons; and
4.6 million lot


groups experiencing decreases during
otash, which dropped 16.4 percent to
of iron and steel, which dropped 14.3
chemicals and petrochemicals, which
ig tons.


the year
9.9 milli
percent
dropped


were nitrates,
on long tons;
to 6.7 million
7.3 percent to


Although showing
of the United States
with 36.1 percent of
total cargo tonnage
percent from 52.2 m


a decline again this year, trade between the East Coast
and Asia remained the leading route in Canal traffic,
total commercial cargo shipped over this route. The
plying the U.S. East Coast-Asia route declined 3.2
million long tons to 50.5 million tons.


The following chart and table show the principal commodity groups
moving in oceangoing commercial vessels in fiscal year 1986 and .a
comparison of the major trade routes in fiscal years 1986 and 1985.








PANAMA


CANAL


COMMISSION


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CANAL TRAFFIC













CANAL


OPERATIONS











02
i* -




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Chapter


CANAL


OPERATIONS


Canal operations are comprised of Transit Operations and Maintenance
and Related Canal Projects. The various functions are divided among the
operating bureaus within the Canal agency.


TRANSIT


Daily average transit
day during fiscal year
time in Canal waters i
hours in fiscal year 19


OPERATIONS


by oceangoing vessels increased from the 31.9 per
85 to 32.9 per day during fiscal year 1986. Average
proved from 23.9 hours in fiscal year 1985 to 23.4


Vessels
of 600-foot
length and over


iear


Percent
of total
oceangoing
transit


Vessels
of 80-foot
beam and over


Percent
of total
oceangoing
transit


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

"... . . ..t .t ....... . ....


* S S SA**dtSt S 555 SSSSSSSS S
* S S S S S S * * * S S * 9******* . a
* S C *999*C4*99 *S~99999 *9 9
* C S C C C * * * C C * C CS*SSSSS S S S


4,131
3,862
3,865
4,157
5,534
4,855
4,598
4,089


5,898
5,514
5,496
5,869
7,226
6,364
6,089
5,503


The number of vessels transiting at more than 36-foot drafts remained
virtually unchaged during FY 1986 with 1,463 such vessels transiting the
Canal compared to 1,468 last year. The maximum allowable draft remained
at 39 feet 6 inches during the entire fiscal year.

Total iobs performed by Commission tugs increased from 34.209 in fiscal


Fiscal









CANAL


OPERATIONS


>4"4


�.4.


*�� 1


*.- 3 -
r


~;


*ajtre


-' . .


4


4.9:7 '
.fcj I


* .j.-
::. \'4
* .
p . I
At


.XtM'~


l~ir

44 .
1'


tti.i


IF
ii
di

S
F I,
- /1


I.-

01
I-




0.
ha



SS





Ca


a-




a-



PI.


S
U,


h


I
'
V
1I


/






CANAL


Oceangoing transit
Tug jobs (including
Balboa.......
Cristobal .....
Tug harbor jobs:
Balboa.......
Cristobal ....
Tug operating hour


S


COMMISSION


harbor jobs):

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



.ata* * . ."" C "C" " C C "" . .S . . . . a. .. a.. . *.. . S S . S


iscal 1'ear
[ 1986 1/985 I
12,023 11,654


26,939
11,894

1,005
1,094
60,442


22,991
11,218



54,889


MAINTEN
Canal dredging
Curve Widening
removed. Key bet
visibility and great
and Mindi excava


ANCE AND RELATED CANAL PROJECTS
activities during fiscal year 1986 focused on the Bohio
Project, where 185,400 cubic yards of material was


ie
er
te


fits to be
navigation
d a total


Solar panels were installed
and towers to recharge ti
conservation measure is expec


derived from this project
'nal safety. The dredges Ca
of 761,237 cubic yards of
on all lighted buoys, house
ie independent power
:ted to yield yearly savings


t include improved
scadas, Christensen
earth and rock.
Ses, beacons, ranges
cells. This energy
of over $100,000. A


Po'
of
wh
I


wer Control and Suy
improving the utilize
ich service various i
n conjunction with


between October
were removed an
Other important
eighteen of the 4
locomotive tow
maintenance to tl


,ply System
,ation of po
navigational
the Pedro


1985 and March
d reconditioned
locks maintenai


is als
wer
aids
Mig


1986,
at the
nce pr


I transformer rooms
racks, miter gates
Gatun Locks fender


and rehabilitation of the locomi
reconditioning of SIP-3 firefighting
expand and automate the firefighti
Other significant marine-related


tion of Caisson No. 2; major
Walker; reconditioning of th
maintenance of the drum gat
A multi-year contract for
supervise the installation of a i
provides for the complete
1 t - A


over
e dril
es at
$3.1


new
refu


I
J


otive


u


eqi
ng
ma
aul
lbo
Ma.
mill


o being developed with the objective
lines along the banks of the Canal


a.
uel


Lock


Gat
t H
incl
un
rising
tem
trac
anc


Miter
Moun
ojects
at Gat
and
ing sys
tow


nipr


nent


a


overhaul,
es Nos. 50
ope Indus
uded the
Locks wh
ig stem
; continue
k system


accomplished
), 51, 52 and 53
trial Division.
renovation of
ich service the
valves; major
td replacement
at all locks;


a preliminary design to


system at all locks.
intenance work included rehabilita-
of the tugs Mehaffey, Progreso, and
it Thor and the dredge Mindi; and
dden Dam.


lion


negotiated


to furnish and


telecommunications system. This contract
irbishment of the existing Commission
A, a - a - - -


PANAMA


















Chapter


SUPPORTING


OPERATIONS


Supp(
essential
and the
and to e
services,
transpoi


orting


health and


operation


pport serv
ency's faci
loyees and
communityy
ion service
safety, an


Panama


ices to the operatic
cities, as well as to
their dependents.
services, sanita
es, public utilities,


Canal


Commi,


)n and maintenance c
other U.S. agencies
These operations inc
tion and grounds
fire protection, Ca


ssion provided
)f the waterway
on the Isthmus
luded logistical
management,
nal protection,


d other employee services.


LOGISTICAL


SERVICES


The


Logistical


Support


Division


provided


centralized


procurement,


inventory management,


supply and property
5 million in goods ai


including


$22.


� --w0 - -
obligations inc
thermoelectric
million for a n(
launches, $2.3
barges, and $2


contract for three
component parts


1 million
luded app


power
/ telep
million
i milli
locks
being


warehousing, d


di


posal supj


nd services
from sou
roximately
;neration, $
me system,


we
rc
$9
5.'
$1


for a dredge te
on for a tracto
towing locomot
ordered, there


distribution, contract admi
port to Canal operations.
;re procured during fiscal
es in Panama. Major c
.2 million for Bunker "C"
9 million for light diesel
.2 million for three pilot/li
nder, $700 thousand for
r tugboat. Additionally,
ives was increased to five, \


y


nist
A t
yea
ont
fuel
fue
inet
twc
last
A/ith


ration,
:otal of
r 1986,
racing
I oil for
1, $3.1
landler
cargo
year's
added


raising the contract to $6.2 million.


Approximately $18 million
for Commission use, and $20
purchases during the year. A
average cost value of $25.5 mi


Commission inventory
million was obligated
tal inventory of 37,636
on was on hand at yeai


ite
for
line
r en


ms were issued
new inventory
e items with an
id.


.Activities of the Excess Dispo
- ~* C ,t ^-


sal Branch
p*


included no-cost transfers to
*. 4 � � S






SUPPORTING


OPERATIONS


Command's contract
breakbulk cargo were
tons of general cargo
with an ocean freight
Panama.


, 9,893 measurement tons of co
shipped to the Port of Balboa. An
and vehicles were shipped under com
shipper from New Orleans to Las Mi


ntal
add
mer
nas,


nerized and
itional 3,821
cial contract
Republic of


COMMUNITY


SERVICES


During fiscal year 1986, the Community Services Division managed
employee housing, Commission-owned buildings, a technical resource
center (library), and the employee fitness program for the agency.
The housing portion of the operation dedicated its resources to managing,


maintaining, repairing, and b
aspects of the quarters inve
housing management plan de
requirements in selected core
to utilize remaining housing
cost-effective manner, while


for eligi
Panama
addition
At the e'
units fo
represent


ble employee


uan
11 27
id o
its
s on


the Panama
Panama Can


al Treaty.
6 housing
f the fisca
United
ly 38% of
Canal Co
al Treaty


s and
By M
units,
1 year,
States
the inm
mpany
in 197!


'ringing up to standards the safety and security
:ntory. The agency continued its multi-year
,signed to concentrate its diminishing housing
areas. Implementation of the plan is intended
and related maintenance resources in the most
at the same time preserving optimum housing
meeting ongoing responsibilities under the
arch 31, 1986, the Commission transferred an
excess to its needs, to the Republic of Panama.
the agency retained the use of 1,619 housing
citizen and other eligible employees. This
ventory of approximately 4,300 units owned by
i immediately prior to entry into force of the
9, indicating that a total of 62% of those units


have been transferred in use to Panama in seven years.


The bui
operation
specifically
custodial


tidings management ac
of non-residential C
y assigned to other
service. This unit ma


residential buildings no longer


:tivity is respc
commissionn
Commission
naged the tr
required by 1


insible for
buildings
units) a
insfer to


- the maintenance<
and structures
nd for a centra
Panama of two


eand
(not
lized
non-


the Commission.


technical


information
Isthmus, an
materials rel
Community
well as off-d
andl tbir rlp


an
d
iati
Se


resources


research
tintaine,
to the
ces Div


center


(library)


to the Commissi
a collection of 1
story and operate
on also administe


provided mission-support
and other agencies on the
'ary and three-dimensional
of the Panama Canal. The
I a variety of duty-related, as


uty, fitness programs and facilities for Commission employees
nstnd'nte


The






PANAMA


CANAL


COMMISSION


transition of services during the transfer of blocks of quarters and buildings
within the Commission townsites of Balboa, Diablo Heights, Gamboa and
Margarita.
In March 1986, the Entomology Unit consolidated its laboratory facilities


at the headquarters complex at Coroza


Division's insect surveil
dengue and yellow fever
and this infestation has
areas so far remain free
its surveillance efforts
this species from reestaf
historically important t


lance
r, wer
now
of th
and i
blishii
ropic


network.
e found on
spread wit
is mosquito
intensified
ng itself an
al diseases


I, adding to the effectiveness of the
edes aegypti mosquitoes, vectors of


he outskirts
lin the city.
, the Sanita
mosquito co
to ensure tl
is malaria,


of Panama City in 1985
Although Commission
tion Branch augmented
ntrol measures to keep
hat transmission of such
Yellow fever and dengue


does not recur. Additional control efforts were directed against cockroaches,
house flies, bats, rats, and other disease vectors.
The number of Africanized honeybee control operations were lower over


the past 12 months t
to present problems
on vessels in Canal
bees were destroyed
decrease of 46 perch
teams destroyed 7 si
shipboard swarms d
incidents have occur
employees in the pa


han in
within
waters
1 by C
:ent fr4
wvarms
lestroy


5. These dangerous


mission


ed


total of
mission
the pre
board tr
in 1985.


ar


I]


residential
10 swarms
ee control
ous year.
visiting ship


Several


ns
a
a
t
C
,s


severe


sects, however, c
reas and work si
nd nests of Afri
earns this fiscal
commission bee


continue
tes, and
canized
year, a
control


in 1986 compared to 20
, work-related stinging


rred which resulted in hospital treatment of Commission
ist year.


The opening of a new Panama metropolitan area sanitary landfill at Cerro


Patacon
customer
Commiss
34,000 to
Atlantic


perce
four
area
Com


nt d
deca
and
miss


it
5.


is year added an a
Consequently,


1ion's Pacific
ns of refuse in
landfill site at
decrease in refu
tdes, has receive
I the local U
ion's Atlantic


samnta
1985
Mou
se ton
ed all


rate choice for Pacific area refuse
n* n- - -- -


ae amount
landfill fac
22,500 tons
Hope show
Ige handled ii
municipal refu


military


bases


ot refuse handled


:y declined 34
ring the past fi!
an apparently
986. This facility
from the Colon
addition to tl


residential areas and Canal work


perce
scaly
unre
y, for


disp
by
:nt f
ear.
late
the


osal
the
rom
The
d 10
Dast


metropolitan


iat


from


sites.


TRANSPORTATION


FACILITIES


The


Motor


Transportation


Divisio


n


operated


maintained


olidated motor pool
* *


of


873 vehicles designed to


meet tl


he vehicular


t






SUPPORTING


OPERATIONS


area garage, a
Transportation
conduct inspec
Transportation


vehicle
Division
tions of
Division


inspection
was used
privately-o
o perform


facility located within the Mot
by the Government of Panama
wned vehicles and by the Mot
Commission vehicle inspections.


PUBLIC


UTILITIES


AND


ENERGY


Panama Canal Commission facilities include electric power generation
and distribution systems, communication systems, water purification and
distribution systems, and a central chilled water air conditioning system for
certain public buildings.


Total Canal
hours, a 3.6 pe
peak hourly d
percent above


energy c
calculate
the fiscal
Program


onsu
d toh
yeai
. Ele


hours, was
operations
generation,
1975 fiscal


area energy demand du
recent decrease from the


emand
the pea


of 82
k of 8
s.


imption in tii
gether in Btu's,
* 1975 baseline
;ctrical power 4
).7 percent ab
fiscal year 19
.4 million gall


c


megawatt
I megawa


cal
was
esta
:ons
)ve


year
reduce
blishe<
umpti
the us


ring fiscal year 1986 was 479 gigawatt
497 gigawatt hours used last year. The
s reached on May 28, 1986, was 1.2
tts in the prior year. Agency-directed
1986 for electrical power and fuel,
ed a total of 23.3 percent in relation to
d by the Federal Energy Management
on by the Commission, 74.9 gigawatt
;age levels recorded for comparable


75; fuel consumption,


excluding fuel for power


42.9 percent below the corresponding


year baselines.


The water
Commission


Republic
City, anc
Canal ar
the two
consume


treatment


pro'


* of Pana
1 suburb;
ea, the ci
systems
rs. a dec


distribution


vide potable water for the
ma. The Pacific side system
an areas; and the separate
ty of Colon, and suburban
supplied 3.03 billion cu
rease of about 4.8 percent


systems


operated


Canal area and are
i serves the Canal area,
Atlantic side system s
areas. During fiscal y(
bic feet of potable
from the previous yea


by t
as of t
Panal
erves 1
ear 191
water
ir. Wa


consumed by Panama City and Colon metropolitan areas amounted
approximately 51.2 million gallons per day.


FIRE


PROTECTION


The Panama Canal
Republic of Panama,
are responsible for
operations in Canal o]


Commission Fire Division,
in accordance with the Pana
providing fire protection,
operating areas, defense sites, i


and the Bom
ma Canal Tre
firefighting,
civilian and m


beros of the
aty of 1977,
and rescue
military areas


i






PANAMA


CANAL


COMMISSION


emergencies involving hazardous materials/ incidents and 58 which were not
marine-related.


Exclud
of $363,3
During F
ship fires
responded(
and boml


ing ship
18 comp
'Y 1986,
and a
d to a nu
b threats


fires, there were 528
ared to 758 fires an
there were 14 ship
loss of $353,405 i
mber of other emer


ires d
a los
res w
FY
ncies


during FY 1986
s of $385,892 t
ith a loss of $1
1985. The Fi
, requests for a


resulting in m
he previous
17,930 versi
re Division
ambulance se


i loss
year.
js 20
also
rvice


I.


CANAL


PROTECTION


operational


performed by the Canal F
of installations and facil
maintenance of the wa
waterway and its support
installations were update
or upgraded into agency
awareness of emolovees 1


S


been developed to reinfo


security in
protectionn E
cities devote
terway. Ex
activities c<
d and essen
operations
throughout
)rce this aw


Panama


Canal


division, whose mis
d to the manager
ensive security ii
ntinued during the
ial security hard
World events ha


the agency
a reness.


n


;sio
nen
mpr
e ye
are
ve e


Commission is
is the protection


t, operate
movement
ar. Site si
was inco
enhanced


on, and
Sto the
rveys of
porated
security


and a formal program has


HEALTH


AND


SAFETY


The Occu
components
Director is th
Canal Comm


national Heal
of the Office
e Designated A
mission is comml


th Division
of Personnel
agencyy Safety
itted to ensure


and th
Admini
and Hea
ng a safe


e Safety
station.
lth Offici
and heall


division are
: Personnel
'he Panama
I workplace


for its employees, an objective which enjoys support from top management
down.
During fiscal year 1986, the Commission experienced 598 performance-


of-duty accidents/ illne
attention beyond first a
fiscal year 1985. The inc
7.5 per 200,000 man-h
fatalities recorded in eitl
decline in the incident
publicity and increased
Isthmus, consolidation
comprehensive agency s<


workplace


ins


;pection


sse
id.


idc

he
ra
a
ol
afe


mnd


s in wh
as comp


ent rate
Irs wor
r fiscal
te can
warene
f safety
;ty and
evalua


icn 1
ared


fell sharl
ked in fi
year 198(
be attrib
ss, additi
Staff an
health po
tion proc


employee


3 74
ply f
scal
6 or
ute(
ona
d p
licy,
edu


8 such
rom 9.1
year 1
fiscal yt
1 in lar
1 trainii
program:
implen
res, and


es required medical
accidents/illnesses in
in fiscal year 1985 to
1986. There were no
ear 1985. The marked
ge part to continued
ng both on- and off-
s, issuance of a new
mentation of aggressive
I an augmentation of


Routine


te


















Chapter


ADMINISTRATION


AND


STAFF


FORCE


PERSONNEL
EMPLOYED AND


At the end of fiscal year 1986,
totaled 7,521. The composition 1
6,118 (81.3%), U.S. citizens, 1,2
(2.2%). In addition, 15 person
Commission in New Orleans ai


the Canal's


by
39
s,
nd


citizen
(16.59
all U.
Wash


ish

S.
in


PAYROLL


Isthmian permanent work force


lip, was
and thi
citizen:
gton, D


as follows: Panamanians,
rd-country nationals, 164
s, were employed by the
.C.


The total Commission payroll
compared to $182.7 million in fis
fiscal year 1986 payroll, $127.7
employees and $63.1 million to U


was $190.8 m
cal year 1985.
million was I
.S. citizen emp


million
Of the
paid t
loyees


in fiscal year 1986
total Commission
o non-U.S. citizen
*


EQUAL


OPPORTUNITY


PROGRAM


Durin
Multi-ye
keeping
Plan, re
Panama
exceeded
impleme
agency's
compare
Commis;


g FY
ar Afl
with t
quest
Cana
Iits e
ntatioi
Hisp
d to
sion's


1986, th
firmative


Panamn
Action


he FY 1982
d by the Eu
1 Commission
employment
n of the Pa
inic Minorit
the other
work force.


a8(
al


-l1
qu
In
go
na


Cana


Update and
6 Multi-year
Opportunity
et its stated
for the seve


Commission submitted


Accord
Affirrr
Corn
affirm


Canal Treaty on


the final


nplishment Reporl
native Action Prog
mission (EEOC).
ative action goals
handicapped. Since
Octnher 1 1907


ts in
;ram
The
and
the
thP


- ---- - . - - -. . * *. - , the
ty Group has reflected a steady increase as
four minority groups, which comprise the
Analysis of the composition of the work force


reflected the following:


lictrihnitinn hv Minrriti firmm [acinntrnnn ]fdn-n n


la






ADMINISTRATION


AND


STAFF


Special Emphasis Program activities, such
the Handicapped Week, were accomplish
opportunity training was provided in supe
and on the prevention of sexual harassment
of women in non-traditional .occupations.


as Women's Week
ed on an ongoing
rvisory developme
and the increasing


and Employ
basis. Equal
nt programs;
participation


PUBLIC


During fiscal year 1986,


AFFAIRS


the Office of Public Affairs concentrated its efforts


on hand
internal
relation
releases
in treaty


Lling m
ionally
s. Thr
, and v
Simple


edia relations for the Panama Canal Commission, local
, while providing support for marketing efforts and cus
ough the Commission publication, Spillway, local
videotapes; employees were provided information on pr
mentation and policies affecting their work and daily li


land
tomer
press
ogress
ves. as


well as news of Canal operations.


As
produ
in the
shippi


part of the emp
ced two audio-vis
United States, a
ng conference in


hasis on customer relations, the Graphic Branch
ual presentations for use at two shipping conferences
nd provided an exhibit for an international cruise
Miami.


The Graphic Branch also pri


and instructic
English and S
continued filn
in the planning
Commission's
presentations
Commission.
shipping lines


nal aids for va
;panish which p
ling of the Mad
g and purchase
Board room; a
in English and
Written and v
in support of t


epared a number of graphic and video training
rious bureaus and a new 18-minute film in
provide general information about the Canal;
den Dam Gate Overhaul; provided assistance
of new audio-visual equipment for use in the
nd produced nearly one hundred short video
Spanish on a variety of topics relevant to the
ideo material was also provided to cruise
he Canal's marketing effort.


The Guide Service handled a total of 295,844 visitors at the Canal and
conducted 811 VIP tours. Among the visitors were representatives of major
news services, officials from various sectors of the shipping industry and


shipping related publications,
around the world.


and government and business officials from


OMBUDSMAN


The Office of the Ombudsman was established pursuant to implementing


I






PANAMA


CANAL


COMMISSION


During fiscal year 1986, a total of 264 cases
Ombudsman as compared to 180 cases in FY 1985.
of complaints stemmed from the evident dete
maintenance of highways and streets, including
within the Canal Area, which are outside the respo
Canal Commission.


INDUSTRIAL

For the second year in succession, r


were processed by the
A considerable number
rioration and lack of
railroad intersections,
nsibility of the Panama


RELATIONS


)utine contract administration activity


characterized
Emphasis in
harmonious
management
top manager


to resol
grievan
the maj
units.
Commi


la
FY
lab<
and
ent


lye grieva
ces which


I


bor-management relations
1986 was placed on promote


>r-management


I labo
office
nces i


wer


ority of them


The
ssion


e


r improve
als of the
normally
arbitrated


involved on


collective
's employees,


againn


relationship
d and unions
Commission.
at the lowes
were cases ca
ly one of the (
ing agreeme
at* 4


h


within the Commission.
ing a more constructive and
. Communications between
continued to enjoy access to
A concerted effort was made
t possible level. Most of the
rried over from FY 1985 and
Commission's five bargaining
nt covering most of the


C


the nonprofessionals,


was renewed for another


three-year period.


GENERAL


COUNSEL


Und
Treaty
Comm
excess
waters.
author
any m


er


legislation


the Panama Cana


enacted
I Act ol


mission was precluded, by
of $120,000 for accidents
, other than in the lock;
ized to pay claims for vess
monetary limitations. Th


Commission submit to the Cong


d to implement the
f 1979, Public Law 96-
law, from adjusting
occurring in the Pana
s. At the same time,
el-accidents arising in,
e Panama Canal A
ress reports on the "o


1977 Panama Canal
70, the Panama Canal


and paying
ma Canal, o
the Commi
side the lock
ct required


claims
r adjace
ssion w
s, with
that t


ut-of-locks" accidents


in which the claimant demanded more than $120,000.


On December 23,
Amendments Act, P
settle all vessel-accid
the site of the accid
Amendments Act,
pending, with either


198
ubli
ent
ent.
the
the


5, the Preside
c Law 99-209.


claim
At t


wer
lited


regard
: time
e 28
States


nt sign
which
less of
of the
out-of.
Congri


into
Ithori
e amc
ssage
icks
Sort


law the Panama Canal
zed the Commission to


)


(


un
of
ies
eC


t and irrespective of
the Panama Canal


sel-accident clai
commission, that t


*I


1


o


*


,

















Chapter


FINANCIAL


REPORT


FINANCIAL STATEMENTS
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 1986


financial statements of the


Tables 1 through 6, with accompany
of the Commission at September 30
for the fiscal year then ended.
The accounts and statements of the


lama Canal Commission, appearing as
ng notes, present the financial position
, 1986, and the results of its operations

Panama Canal Commission have been


examined by 1
United States
United States
are presented
Summary


:he Office of General Auditor of the Co
General Accounting Office. Detailed
General Accounting Office are directed
as Congressional documents.


information


concerning


operating


mission and by the
audit reports of the
to the Congress and


results


capital


expenditures follows:


RESULTS OF OPERATIONS
Net revenue from operations amounted to $2.0 million. This amount
payable to the Government of Panama pursuant to the provisions
paragraph 4(c) of Article XIII of the Panama Canal Treaty of 1977 subject
the limitations set forth in chapter 3, subchapter V, section 1341(b)(2) oft
Panama Canal Act of 1979 (Public Law No. 96-70).


CAPITAL EXPENDI
Accrued capital expenditures for fiscal y
million. The principal expenditures were $3.5
locomotives, $2.5 million for purchase of split
r*- * -i*


TURES
'ear 1986 amounted to $19.9
million for purchase of towing
hull dump barges, $2.2 million
* . *. JT *�


The







FINANCIAL


Table


REPORT


I.-Statement of Financial Position


Assets


PROPERTY


PLANT


AND EQUIPMENT:


At cost (Note Ic and 6b). .........................
Less accumulated depreciation and valuation
allowances (Notes le, 2, 3 and 6b) .. ...............


$891,030,


427,840,218
463,189,976


$886,120,


416,099,843
470,020,314


CURRENT ASSETS:
Cash and fund balances (Notes 4 an
Deposit funds and undeposited
Postal fund . . ..... . ..
Trust fund .... . . . . . . . . ..
Cash receiDts for deposit in


A


receipts:


ito U


Unexpended appropriated funds:
Operating funds ... ...........
Capital funds. . . ......... . . .....
Emergency fund ...............





Accounts receivable:
Regular...... .. . .. .. .. .........
Other (Note 7). . . . . . . . . . . . . . . . . . ..


Inventories, less allowance for obsolete and
excess stock of $401,972 and $423,954,
respectively (Note Ig).................

Other current assets ....................


Treasury


..S...... . S
... . ...... *S S


* . . S
age......


......**S S


140,954
1,122,442
579,276
1,842,672


75,776,159
30,367,019
10,000,000
116,143,178

117,985,850


9,956,099

9,956,099



34,452,692

1,868,675


146,195
1,172,298
456,513
1,775,006


43,357,867
24,605,692
10,000,000
77,963,559

79,738,565


11,310,945
826,867
12,137,812


40,695,032


400,566


164.263.316


132,971,975


OTHER ASSETS:
Deferred charges:
Cost of early retirement benefits (Note Ih) .....
Retirement benefits to certain former employees
of predecessor agencies (Note 1 h) ...........
Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .


254,280,000

7,599,000


261,879,000


273,840,000

8,740,000
204,106
282,784,106


r







PANAMA


CANAL


COMMISSION


September 30,


1986 and 1985


Capital and Liabilities


CAPITAL:
Investment of the United States Government:
Interest-bearing (1 1.033% and 10.720%, respectively)
(Notes 6c and 8) . . . .. . . . . . . . . . . . . . . . . . . . .
Non-interest-bearing. . . . . . . . . . . . . . . . . . . . . . . ..


Unexpended appropriations (Note
Obligated operating funds...
Obligated capital funds .....
Unobligated capital funds...
Unobligated emergency fund


CURRENT


LIABILITIES:


Accounts payable:
U.S. Government agencies
Government of Panama
O their . . . . . . . . . . . . . .


* C C C * C S C S S * S * C C C C * C C S
* SW...... C S * a a. a......
* C *SSI*S*@* * * C S S *65445


Accrued liabilities:
Employees' leave. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Salaries and wages . ... . . . . . . . . . . . . . . . . . .
Cost of early retirement benefits (Note Ih) .....
Retirement benefits to certain former employees


predecessor agencies (Note I h).


Employees' repatriation ..... . . . . . . . .
Marine accident claims (Notes 6d and 7).......
Net revenue payable to Government of Panama.
O their . .. ... . ...........................


S S


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


Other current liabilities:
Unfunded marine accident claims (Notes 6d and 7
Advances for capital-unexpended (Notes Id and 9)
O their .. ............. . .. . . . . . .�. . . .


$49,803,121
287,909,798
337.712.919


75,776,159
21,196,656
9,170,363
10,000,000
116,143,178

453,856,097


5,119,155
6,574,365
11,989,470
23,682,990

41,845,798
5,856,533
19,560,000

1,017,000
930,000
26,485,284
2,012,762
2,262,308
99,969,685


16,435,985
1,294,778
17,730,763


$76,901,053
286,084,032
362,985,085

43,357,867
15,232,473
9,373,219
10,000,000
77,963,559

440,948,644


4,851,421
6,423,722
9,069,465
20,344,608

40,368,754
5,391,152
19,560,000

1,152,000
951,000
5,499,542
1,118,755
2,269,221
76,310,424

23,052,507
9,614,130
1,188,069
33,854,706


141,383,438


130.509.738


DEFERRED CREDIT:


Advances
and 9).


capital


being


amortized


(Notes


28,185,316


26,082,854


LONG-TERM


LIABILITIES


AND


RESERVES:


Cost of early retirement benefits (Note Ih)
Retirement benefits to certain former


employees


rtrlPrrPccnr cUfnnlrc (Nnte= I hh


234,720,000

F6 SR) (on


254,280,000


7 5RR onn


.










32 FINANCIAL


REPORT










ha

Ca
Sd
U
ct






Ca

(Al





Cs.-
ha L

ft GJ




atM


'ft
g 1*
02 -







PANAMA


CANAL


COMMISSION


Table


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


Fiscal Years Ended September 30, 1986 and 1985


OPERATING REVENUES:
Tolls (Note Ib)... .. . . .
Advances for capital (Note


Net tolls revenue


Other . . . . . . . . . . . . . . . . . . .
Advances for capital (Note !


Net other revenues


Total operating revenues


� � ... � . . ..ee ......
* � C S� C C � C C * . . . . . . . . S


* . . . . . . . . . . e . � . y . . .
. � . . . . . . . . . . . . . . . . .
�...��. *S � S� ee.....
* **. . *.**** * C...


$322,734,202
(3,091,000)
319,643,202

112,012,571
(7,354,549)
104,658,022

424,301,224


$300,80


300,807,914

111,669,114
(5,753,649)
105,915,465

406,723,379


OPERATING


EXPENSES (Note 6a):


Payments to the Government of Panama:
Public services . . . . . . . . . . . . . . . .
Fixed annuity...................
Tonnage . . . . . . . . . . . . . . . . . . . . ....


Maintenance of channels and harbors
Navigation service and control ......


* . S. CCCCCC.. .
....ee......
..S.......#..


S.C...........S
S. . C......SC. C


Locks operation...... . . ... .. ... ...
General repair, engineering and maintenance


services ................... . ...
Supply and logistics ........... ..
U utilities ...................... ..
Housing operations.................
General and administrative .......
Interest on interest-bearing investment
(Notes 6c and 8) .................
Other .............................


*. C.*.....SSS S
*.C.S.C....... a
* S.C . C C C C .CSC
*..@...S..C.*.C

*. ....C .... ..C.C C
..CS .CC .*.* .C 5*5


Total operating expenses


NET

INV


OPERATING


REVENUE (Note Ib)


ESTED CAPITAL-NON-INTEREST-BE
Net revenue payable to Government of Pan
Investment at beginning of fiscal year .....
Miscellaneous receipts deposited into the
U.S. Treasury ........................
Due U.S. Treasury for undeposited receipts
Interest on interest-bearing investment
(Notes 6c and 8)


ARING:
ama .....


10,000,000
10,000,000
56,959,549
76,959,549


40,256,410
70,835,092
49,260,120

21,689,776
17,909,207
31,783,509
4,940,672
66,487,315

6,786,828
35,379,984
422,288,462


2,012,762


(2,012,762
86,084,032


456,
(579,


1,948,529


10,000,000
10,000,000
52,803,013
72,803,013


42,384,789
66,755,872
42,881,108


19,044,297
15,517,805
34,680,996
6,893,595
65,937,035


7,713,238
30,992,876
405,604,624

1,118,755


(1,118,755)
277,910,116

917,191
(456,513)

7,713,238


INVESTED CAPITAL-NON-INTEREST-BEARING
AT END OF FISCAL YEAR .....................


$287,909,798


$286,084,032


^













FINANCIAL REPORT


-'0 0 (1 '
~~Q(N Ue



9r V
-0 0


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**
* .00
.*fl

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**
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oos


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* * S S S S
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PANAMA CANAL COMMISSION


*f
* S


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'Oc-ilc~







cl -


* . 4
* 9 * -
* 9 4 9
* . 9
* - 9 4
* 4 - 9
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* 4 4
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* 9 9
* 9 9
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V1
* 9 - 9
S'0 . . 00

* *. * *-









ea
*9 9m
* 9 9 A
* 9 - 9 -
* 9 9 9


* - 9


.* *r-l

. 00 . * -.

*.o r- N

* 0 rf l
* V * *
* * *q *'
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* 9^ -
* 9t


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


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mu

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1 * .



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* 9 4 9 4
* 9 * * *
* * * * *
* 4 * 4 *
* *4 * * *


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"-on




L~vc c







FINANCIAL


Table 4.


REPORT


--Statement of Changes in Financial Position


Fiscal Years Ended September 30, 1986 and 1985


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


$424,301,224


1985

$406,723,379


Total operating expenses ....


Less operating expenses:
Interest on interest-bearing investment ..
Payments to the Government of Panama
Other expenses......... . . . . . . . . . . .


Net operating revenue (Note l b)...............
Net revenue payable to Government of Panama
(N ote b). ........................ .....

Add transactions not requiring outlay of funds:


Depreciat
Provision
Provision
Provision
(Note 1
Other...


Change in investment of the U


ion (Notes Id and le) ......
for lock overhauls (Note li)..
for casualty losses (Note Ij)..
for floating equipment repair


. . S S S S S S S .St .
* S * * S S S S S S S S S S


'''''"
......
. . . . . S


.S. Government:


Interest on interest-bearing investment
(Notes 6c and 8) ..................
Receipts deposited into U.S. Treasury..
Disbursements from appropriated funds
Net property transfers................
O their ..... ... .... ........ ..........


*. ..S.S ..*
*.. . .S . S I
* . . . . . S.
*.pe.....


6,786,828
76,959,549
338,542,085


.4.. 422,288,462


7,713,238
72,803,013
325,088,373
405.604.624


2,012,762


(2,01


2,762)


22,587,367
4,141,000
5,200,000

2,500,000
2,055,856
36,484,223


1,948,529
(436,961,276)
411,819,260
(1,955,916)
(122,763)
(25,272,166)


18.755


,118,755)


18,415,373
3,741,000
5,200,000

2,500,000
4,482,630
34,339,003


7,713,238
416,106,788)
412,614,464
(3,621,554)
460,677


1,060,037


Advances for capital (including
fees) utilized (Notes Id and 9)...
Total source of funds ......


APPLICATION


OF FUNDS:


Lock overhauls expenditures
Casualty losses expenditures


transit


booking


*SSSSSS O O *0S S pS* * SII P


Accrued capital expenditures ...... ...........
Floating equipment repair expenditures ............
Total application of funds . . . . . .... .. ....


INCREASE


DECREASE)


IN WORKING CAPITAL


ANALYSIS OF CHANGES IN WORKING CAPITAL:


Increase decreases
Cash. .. . ..
Receivables
Inventories
Other.....


.e)


in current assets:


S**~SS*** .......... *e * *594*tI* S
* S *0*~S555* * S S S S ~ S ~ ~ ~ ~ ~ ~ ~ ~ C ~ 5055*
* S S * S *5tSSSSS S S S S S S S S S ~ *.
* 4 5 5 5 5 . . *


3,623,694
14,835,751


3,717,913
5,704,238
19,853,012
3,322,565
32,597,728
$ (17,761,977)



$67,666
(2,181,713)
(6,242,340)
1 46R 109


10,217,914
45,616,954


6,339,585
3,784,427
29,212,127
2,614,397
41,950,536
$3,666,418


$184,853
(2,533,763)
(23,168)
127 O8










FINANCIAL


REPORT


Table 5.-Statement of Status of Appropriations
Fiscal Years Ended September 30, 1986 and 1985


SOURCE


OF APPROPRIATIONS:


Operating funds:
Current year operating appropriation
Appropriation anticipated (indefinite)


........e..
. . .'.'. .. .


$418,584,000
$6,450,000
425,034,000


$404,646,000

404,646,000


Obligated operating funds brought forward:


Fiscal
Fiscal
Fiscal
Fiscal
Fiscal


year 1980.....
years- Merged
year 1983.....
year 1984 ....
year 1985 ....


..0......". . .' .'.'..'
....0a..". ".. . .e...c.
.. . �"t......� . .c e. �
... ....t.t...... C tt * * *
. *. . .. �" " " . " �.. . . � C


Capital funds:


Current


capital appropriation (no year) ....


Obligated capital funds brought forward:


Fisca
Fisca


year 1980..............
years 1981 through 1985


Unobligated capital
forward:


Fiscal year
Fiscal years


funds (no year) brought


980 . .. .. .. .. . .
1981 through 1985


* C * CCtdt
* tast...


713,275
3,687,150

3,197,827
35,759,615
43,357,867
468,391,867





25,500,000




124,574
15,107,899
15,232,473


53,346
9,319,873

9,373,219

50,105,692


1,692,534
6,412,176
3,887,554
34,192,800


46,185,064
450,831,064





25,200,000




159,270
19,633,561
19,792,831






87,103
9,106,091

9,193,194

54,186,025








PANAMA


CANAL


COM MISSION


Statement of Status of Appropriations
Fiscal Years Ended September 30, 1986 and 1985


APPLICATION OF
Operating funds:
Expenditures


Fiscal
Fiscal
Fiscal
Fiscal
Fiscal
Fiscal


Obligated
Fiscal
Fiscal
Fiscal
Fiscal
Fiscal
Fiscal


APPROPRIATIONS:


from operating appropriations:
ir 1980 . . ..... . . . . . ..


years- Merged
year 1983 .....
year 1984 ....
year 1985.....
vear 1986.....


* SSC*9S~*C S St *555555
* C CCC CC... 599~5~~~5*
* C C CCC**eCt CCC......
* 9* CCCC***** .5.9.5..


operating funds:
year 1980.....
years-Merged


*.... ....... .C ....,. C C A ..S


Unobligated operating funds lapsed .........


Capital funds:
Expenditures from capital
Fiscal year 1980....
Fiscal years 1981 thr
Fiscal years 1981 thr



Obligated capital funds:
Fiscal year 1980....
Fiscal years 1981 thr
Fiscal years 1981 thr


appropriations:


tough 1985
ough 1986
ough 1986





ough 1985
ough 1986


Unobligated capital funds (no year):
Fiscal year 1980... . . .......
Fiscal years 1981 through 1985
Fiscal years 1981 through 1986


..Q ..... .. ...


... .. . .....


............
* . .S ..... .C.*
SSS*****CC..C


1,317,197
31,588,926
358,663,239

392,080,587


674,235
7,352,546
1,862,745
5,525,097
60,361,536

75,776,159

535,121

468,391,867



126,014

. 19,612,659

19,738,673


20,908
* .. . ........
21,175,748

21,196,656


30,997
. '. 39.....366
9,139,366


$909,463
4,054,389
1,642,554
29,914,041
346,513,683


383,034,130


713,275
1,729,337
1,957,813
3,197,827
35,759,615
..,..i......

43,357,867

24,439,067

450,831,064



68,453
29,511,880
. ....99....

29,580,333


124,574
15,107,899
...9........

15,232,473


53,346
9,319,873
.. C .' C..' .E












FINANCIAL REPORT


en-;O-:OO
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L - .


Oh V
Oh


SI I
*antii


* a * * * S S
* S S S S
* * S * S S
* S S S S S
* S S S S a S
* S S a a a a S
* S S S S a


*


* 5 S S S S
a S 5 5 S S S S
* a * a S S S a
* S S a S a S
* S S a a S a
* S S * S S S
* a S S S S
* S a a a S S
* a * * S S S S
* S S S a a a
* S S S S a a
* 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


* 54)
* E
* S


* a S


(n


S a


c r
3?
ttP *D

sU=


LJ






PANAMA


CANAL


COMMISSION


NOTES


FINANCIAL


STATEMENTS


Summary of Significant Accounting Policies.


The Comptroller General
Principles and Standards S
his letter dated September
policies follows:


of the United States approved the Accounting
statement of the Panama Canal Commission in
14, 1982. A summary of significant accounting


a. Accounting


and


Panama Canal Act of


Act, the account
Accounting and
standards and rel
General of the I
Treasury and th
* S


ts ol
Aud
ated
Jnite
ie D


reporting.


f
iti


required


979 (Public Law 96-7C


the Co
ing Act
quirem
States,
:ctor o


r no


concerning their accounting, Ii
Accounting and Auditing Act
maintained on an accrual basic


mission are
of 1950. Thi
ents be met, as
after consult
f the Office
nancial report
of 1950 also


)),here
maint
s requi
prescri
ing wil
of Ma


section 1311(a) of
inafter referred to as
gained pursuant to
res that the princip
ibed by the Comptro
th the Secretary of
nagement and Bud


ing and budgetary needs. The
requires that the accounts be


S.


b. Cost
application
Canal Com
rate-regulat
recognized.


recovery. As
of generally
mission, a Ui
ed. public uti
The basis foi


required
accepted
ited State
ity, deter
tolls rate


by section 1341(e)(l)
accounting principles
s Government agency
mines the manner in
s is prescribed in secti'


of the Act,
to the Pana
comparable 1
which costs
on 1602(b) of


Act.
that:


This section of the Act, known as the "statutory tolls formula,"provides


A


"Tolls shall be


to cover as n
operating the
appurtenances
incurred on c
depreciation, r
paragraph 5
Article XIII o
plant replace
prescribed at
cover paymer


paragraph
1977."


4(c


ea
P


prescr
rly as
anama


re


or
payi
of
f th
ent,


rate
its
) of


ibed at rates calculated to produce revenues
practicable all costs of maintaining and


Canal, together with


the


elated thereto, including unreco
after the effective date of this A
nents to the Republic of Panama
Article III and paragraph 4(a)
e Panama Canal Treaty of 1977, an
,expansion, and improvements. Toll
s calculated to produce revenues
to the Republic of Panama r
Article XIII of the Panama Can;


facilities


vered costs
Lct, interest,
pursuant to
and (b) of
d capital for
s shall not be
sufficient to
pursuant to


al


Treaty


I


!


17


eet






FINANCIAL


REPORT


agency, at the value determined by the Director of the Office of Management
and Budget. Administrative and other related general expenses are


recovered curre
property, plant
d. Advances
recoveries may
replacement, e
capital advance<
amortized three
calculated to a
advances.
e. Depreciat


ntly and t


and
for
be pr


equi
capi
ogra


herefo
pment
tal. A
mmed


expansion, or
es from Canal
)ugh an offse


re not capit
is charged
portion of
annually b


improvement
users. Upon


;t


alized. The cost of minor items of
to expense as incurred.


depreciat


approximate the depreciation


Property,


plant


11s in
e Boa:
Such


excess
rd of Di
funds


of depr
rectors I
are coi


tilization, these ad
ion expense in a
on assets acquired


va
n
w


eciation
for plant
nsidered
nces are
amount
ith such


equipment are depreciated


over


their e
with a
prema
The
Non-r
to the
deprec


estimated service lives at rates computed using a straight-line method


additional a
ture plant
recurring
recurring dr
waterway
niated over


annual depreciation, identified as compel
retirements.
costs of dredging the waterway are c
edging costs for substantial improve me
are considered additions to plant and
their estimated service lives.


osite, to provide for


charged to expense.
nts and betterments
are capitalized and


f.
Can


Accounts receivable. Uncollectible accounts receivable of the Panama
al Commission are recognized as a reduction in revenue when written


off. Any subsequent collections of Commission acc
previously written off are recorded as revenue.
g. Inventories. Operating materials and supplies are
cost, plus cost of transportation to the ultimate destination
Panama. An allowance has been established to reflect the
obsolete and excess stock.
h. Retirement benefits. Employer payments to the cor
States Civil Service Retirement System and to the Rep
Social Security System are charged to expense. The Co
liability for future payments to employees under these s3


ounts


receivable


stated at average
on the Isthmus of
estimated cost of


itributory
public of P
mission
stems.


United
anama
has no


Non-United


agen<
Servi
plan.
expel
$1.5


annu


:ies


I


States


prior to Octol


ce Retirement Sy
Payments made i
nse. Annual amour
million in fiscal y
ity payments to


citizen


ber 5
stem
under
ants e
'ear 1
these


,19


but
this
xper
985.
for


employees who retired from predecessor
58, are not covered by the United States Civil


do re
ann
ided
The
mer


;ceive benefits under a separate
uity plan are recorded as a curr
were $1.4 million in fiscal year 1
liability of the Commission fo
employees or their eligible wi


annuity
ent year
986 and
r future
dows is


I<
'�


'"'






PANAMA


CANAL


COMMISSION


i. Reserve for lock overhauls. A
charge to expense to cover the esti
j. Reserve for casualty losses. A
charge to expense to cover the estin
casualty losses.


k.
an an
floatir
1. J
to the
Area
the P
provim
Renta


Reserve
nual cha
ng equip
Housing
United
housing


ai
de
A


Plant


reserve
mated c
reserve
lated co!


is provided
ost of perio
is provided
st of marine


through an annual
dic lock overhauls.
through an annual
accidents and other


for floating equipment repair. A reserve is provided through
Irge to expense to cover the estimated cost of repairs to major
Sent.
use rights. No monetary value is assigned to the rights granted
States Government by the Republic of Panama to use Canal
transferred to the Government of Panama under the terms of


nama Canal Treaty of 1977. The cost to manage, maintain and
livability improvements to these quarters is charged to expense.
income is included in other revenues.


V


valuation Allowances.


At J
equipmn
Canal
reduce
such va
the Pa
Panam


uly


certain


lent transfer
Company an
to usable valu
luation allow
nama Canal
a Canal Com


$4.7 million a
to reduce to
transferred; (
interest costs
$42.3 million


"iRS


to nffset


L 6'W *


projects, the
locks aband


Septei
usable
) $50.
mputh
it Sep
the


latter be
loned in


Property, plant an
or partially reactive
allowance and by an


valuation


ed from the Panam
d the Canal Zone
e the costs of the asse
lances as were applic
Company and the
mission were carried
mber 30, 1986, and $
Value the cost of
9 million at Septem
ed for the original C
tember 30, 1986, an
cost of defense facil
ring principally the p<
the early part of Wc
d equipment offset b
.ted, are reinstated
increase to the non-


allowances for property,


a Lanai (agency)
Government were
ts transferred. At C
able to the assets t
Canal Zone Gov
forward and are c
4.8 million at Septh
property, plant
ber 30, 1986, and
'anal construction
d $42.5 million at
ities and suspend
partial construction


)rld


estab
)ctobe
ransfe


C- .


plant and
* raam


e ranama
lished, to
r 1, 1979,
rred from
t


ernment to 1
omprised of:
ember 30, 191
and equipm
1985, to off
period; and
September
ed construct
of a third set


me
(a)
85,
ent
set
(c)
30,
on
of


War


y valuation allowances, when fully
by a reduction in the valuation
interest-bearing investment of the


United States Government in proportion to the value to the Commission of
the reactivated asset.


3. Depreciation as a
The provision for d
nf dPnrePPi hle nlnant e


Percent
epreciati


* II


of Average Cost of Plant.
i, expressed as a percentage of average cost
v11hlut;nn allnuianhlI \IrC sQ (n'0-. 2r Ar2 1 f


4


e






FINANCIAL


REPORT


As o
Of thi,
operate
postal
United
hand.
The
operate
approj
const r


The
Treasu
insure
when I
prove
The


i


f September 30, 1985, the cash ar
total, $77,963,559 represented
ons, capital and the emergency
and trust funds. These funds
States Treasury, $1,509,718 in


1 t


. . . . . . . . . . . . -


unexpended appropnateo
ing obligations incurred
priated funds for capital a
auction of property, plant a
emergency fund represents
ry which is to be used ".
the continuous efficient


"und


id fund balances totaled $79,738,5
unexpended appropriated funds
y fund, and $1,775,006 represent
were deposited: $74,572,119 in
commercial banks and $3,656,728


funds for operations are limited to paying


iti


a


appropriated for the


4( SI F-.n


)ut not yet liquidated. Ihe unex|
e limited to paying for the acquisil
nd equipment.
the amount on deposit in the United
to defray emergency expenditures
nd safe operation of the Panama
operation and maintenance of the


)ended
tion or

States
and to
Canal
Canal


insufficient for such purposes . . . .
postal fund consists of outstanding money orders, postal savings and


interest accrued thereon. This fund will remain available until liquidated.
The trust fund primarily includes deposits made by customers for future tolls
and other service payments.

5. Panama Canal Commission Fund.


The
Canal
States
The ba
$180.8
approp
Secti


Panama
Act of 19
Treasury
lance in t
million
rations.


on 13


operate the
Commission
the Commiss
status of the
Treasury for


Can
79 (t
less
:his a
as


02 of the
Panama
Fund. Thu
ion from t
amount sl
fiscal yeai


al Commission
he Act) is made
appropriation
account, $167.7
of September


Fund as established by the Panama
. up of receipts deposited in the United
warrants issued during the fiscal year.
million as of September 30, 1986, and
30, 1985, is available for future


Act provides that all a
Canal shall be issued
e appropriations for fisc
he General Fund of the I
till owed to the General
r 1980 is as follows:


pprop
from
al yea
United
Fund


nations necessary to
the Panama Canal
r 1980 were issued to
States Treasury. The
of the United States


Operating Appropriation....
Capital Appropriation ......


Millions of Dollars
$427.2
36.6 $463.8


Repaid to General Fund
Repaid to General Fund


07/81)
12/82)


.. .. .. .. .....p ......m...t.. .


(350.0)
(28.2)


(378.2)


I


I






PANAMA


CANAL


COMMISSION


b. In fis'
plant items
have been s


cal year
as fully d
ince 1973


1986, the
epreciated
, charged t


Commission discontinued reporting minor
assets, because all minor items are now and,
o expense at the time of purchase. Continued


reporting as fully depreci
unnecessary double repo
plant items were also tak


:. Effective
treatment
cember 23,
Panama C
ited States


General
than in
January
for fisc
deposit


with
d.
auth
which
$120
Octo
limit
1979


th
P1


January 1,
of interest
1985 which
anal Act of
investment


Fund of the Uniti
to the Panama
1, 1986, interest
al year 1986 am
:d into the General
: Act, as amended
iblic Law 99-209,


orize the Commission t
h occurred outside the
,000. The authority


>be
ed
, (


where
accide
to be


liabilities.


1, 1979
those
within


� Prior


e claim w.
occurring c
>mitted to I
Beginning


cited assets and expensin
rating. For comparabilit
en out from the fixed a
1986, the Commission
required by enactment
Amended, prospective
'1979. Under the Act a<
in the Panama Canal
ed States Treasury as mi
Canal Commission F
will no longer reduce th
mounted to $6,786,828
I Fund of the United Sta


i.
dated Dece


oa
lo


,mber


g at time of purchase is an
y, fiscal year 1985 minor
Assets.
implemented a change in


of F
y, th
sam
will
scell
und.
e inv
of w


publicc Law 99-195
e interest provision
ended, interest on
be deposited into
aneous receipts rat
Accordingly, as
'estment base. Inte
yhich $4,838,299


on
i of
the
the
her
of
rest
wvas


tes Treasury in accordance


, 1985, amended


just and pay damages fro
cks where the amount of


under
uis ame
icciden


after Se
20,000
e the loc
ress for


in fisca


its


pte
or
ks
ap


year 1986,


publicc Law
Iment, the (
which occur
:mber 30, 1l
less. Clain
were, prior
proval and


99-209


.omm
irred (
)79, o
ns ex
to the
were


the Commissii


Iis~


marine accidents


claim exceed
retroactive
's authority w
hr tn Ocrtnher


r (iii) outside the locks
ceeding $120,000 for
amendment, required
; booked as non-fund
an eliminated the non-


fund category of marine accident liabilities and recognized all these
as funded.


7. Other Receivables.
Other receivables represent se
accidents for which the vessel is
settlement. This amount is also
liabilities established for marine


abilities


rvices provided in connection with marine
considered to be responsible awaiting final
included in the computation of estimated
accident claims.


8. Interest-Bearing investment
The interest-bearing investm


of the
ent of


U
tht


united States Government.
e United States Governme


nt in the


�


1


I ,


)


I






FINANCIAL


REPORT


Investment at September 30, 1984
Fiscal year 1985 transactions:
Disbursements.........
Receipts ........ . . . .
Net property transfers ..
Net change..... ......
Investment at September 30, 1985
Fiscal year 1986 transactions:
Disbursements.........
Receipts . ............
Net property transfers ..
Net change............
Investment at September 30, 1986


. .a tc"..... .. . "c .... * . ..S.
t S........� . � . . . a a * a a a . . . . . . a
*. . . a * pa ....a..... .........


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

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

..a...........C555c ...... St t ......
a.tat a.*. att.t .. a a..a.....*.t.


Millions of Dollars
$84.0
$412.6
(416.1)
(3.6)


(7.1)
76.9


411.9
(437.0)
(2.0)


(27.1)
$49.8


9. Advances for Capita
With approval of the
year 1983 whereby ship
vessel transit. This system
and $5.8 million in fis'
advances from Canal us
are set aside for capital


I-Transit Booking Systen
Board of Directors, a system
pers, for a fee, can make an
m generated funds of $7.4 n
cal year 1985. Such funds
ers. By direction of the Boar
improvements.


n Fees.
m was activated in fiscal
advance reservation for
million in fiscal year 1986
are considered capital
d of Directors, these fees


Contingent Liabilities and Commitments.


In ad
liability
million
opinion
lawsuits
conditi


Edition to recorded
which could result
at September 30, 198
of management and
s will be resolved wi


)


Comn


n of the agency.
nitments under


liabilities,
from pen
6, and $3.4
Commissi


ith


estimated maximum
ig claims and lawsuits
Ilion at September 30, 1
counsel, these pending


contingent
was $14.1
985. In the
claims and


no material adverse effect on the financial


uncompleted


construction


contracts and


unfilled


purchase
$25.9 n
unfilled
million
is liable
payment
Cash


he
nil


orders amc
lion at Sep
I I


Shunted to
member 3


purchase orders were
at September 30, 1985.
for an indeterminable


I


$39.9


mil


0, 1985.
prepaid
In addit
amount


lion at September 30, 1986, and
)f these amounts $0.1 million in
of September 30, 1986, and $0.2
n, the Panama Canal Commission
ith respect to death and disability


ts under the Federal Employees' Compensation Act.
and negotiable securities of a kind acceptable by the United States


Government in the amount o
depositories designated by the 1
1QR& and R7 1 mfllinn ft QCn


f $8.9 rn
Panama I
trnlm r


I S


ion were held by United States
nal Commission at September 30,
102 trn i ml rantPP nnrmnnt I ,\


I






PANAMA


CANAL


COM MISSION


September 30, 1986, the balance contingently payable to the Government of
Panama amounts to $61.1 million. As of September 30, 1985, the balance
contingently payable to the Government of Panama amounted to $53.1
million.


11. Treaty Impact.
On September 7, 1
Panama signed the F


the establish]
assume certa
1999. When
Panama sha
and mainter
operating co
may otherwi
considered ii


ment of 1
in opera
the Trea
11 assum
lance of
ndition
se agree
n the fin


97


7


the United State


panama Canal Treaty
the Panama Canal Co
tional responsibilities
Lty terminates on Dec
he total responsibility
the Panama Canal,
and free of liens and
. The effects of these


o


of America and the Republic of
rC ft frr^'-T. I-- 1 r*


i IY//


mmissi
for the
ember
for the
which
debts,
long-ra


Si ne I reaty proviaea Ior
on on October 1, 1979, to
Canal until December 31,
31, 1999, the Republic of
management, operation,
shall be turned over in
except as the two Parties
Inge requirements are not


ancial statements.


r











Chapter


VI


STATISTICAL


Shipping


TABLES


Statistics








STATISTICAL


TABLES


Table 1.-Panama Canal Traffic-Fiscal Years 1977 Through 1986


Traffic assessed tolls


on net tonnage


basis


Traffic assessed tolls
on displacement
tonnage basis


Number
of
transit


Long tons
of
cargo


Number
ofi
transmits


Panama
Canal net
tonnage


Number
of
transit


Displace-'
ment
tonnage


OCEANGOING COMMERCIAL TRAFFIC


* cc * * S C C C * C *

* cc * *cc c.5c *m C
* . C S C * * cc. I
* . C * C C C * * S C C C * C * I
* C9 *** ccc C S* U


1,896
2,677
2,935
3,507
3,884
4,009
1,707
1,230
1,515
1,925


163,826,571


22,978,785


39,945,181


1,868
2,647
2,902
3,476
3,847
3,976
1,668
1,199
1,498
1,901


133,353,132


108,642
109,798
136,600
137,593
111,418
129,684
132,431
116,335
86,623
73,631


182,750,841


OCEANGOING U.S. GOVERNMENT TRAFFIC


212,677
291,115
357,482
396,481
301,776
285,451
354,873
329,607
259,524
176,853


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


577,483
589,085
726,755
844,748
705,936
794,282
812,840
131,865
148,311
708,616


165,148
214,145
207,640
217,055
143,121
309,206
350,699
410,682
248,967
309,161


FREE OCEANGOING TRAFFIC 2


* ccc * e ecc ic ccc
* cc. c c.. ... a * c
* . .C S c ..... cc c
* s1 c C**CCCC1c * *
* *U1 ccce1c c1c
* cc. c... s c cc.
* * . S *CSC*11 C cc
* cc. c ... C S Ccc
* * * ccccc1c *cc C
* c c c c.. ... a cc.


c........c. c....c.....
.... .... I
. .. . . . . . .. . . . . . . . . .

. '. ... ..... a ...... p.
c C *.. m acm * 2 * c504 us
* a. C C c cCC C *Sccmc.CS �
.... ..... 2,504


. ce...... * m...
.... Sec...


21,252
3,789
4,527
1,686
2,248
5,010
9,119
2,224
2,731
556


20


10,380
1,100
2,194
4,810
8,544
21,903
5,986
21,025
8,771
20,759


TOTAL OCEANGOING TRAFFIC


.. . .. .. . ... .. . .. 1

. . . ... .... .. . .
. .. .. .. ... .. .. . c
cc m CU t * cc * * *~ I
. . .c. . . .. . .... . I
. ...... .. ......

. .... .. . . .. ....
. . .. .. .. .. .. .. . .
... . . . . . .. . . . I


164,632,554


322,626,


23,191,842
42,809,403
54,468,349
67,611,416
71,523,538
85,737,783
45,948,136
40,800,425
38,902,787
40,122,034


1,935
2,721
2,990
3,552
3,919
4,052
1,754
1,291
1,587
1.955


133,951,867
157,500,134
168,201,883
182,909,609
189,364,675
203,683,499
170,325,877
163,469,431
170,093,039
183,460,013


284,170
325,043
346,434
359,458
263,083
460,793
489,116
548,042
344,361
403,551


Total








PANAMA CANAL COMMISSION


Table 1.-Panama Canal Traffic-Fiscal Years 1977 Through 1986

(Continued)


Traffic assessed tolls
on net tonnage basis


Traffic assessed tolls
on displacement
tonnage basis


Number
of
transit'


cargo


Number
of
transit


Panama
Canal net
tonnage


Number
of
transit


Displace-'
menl
tonnage


SMALL COMMERCIAL TRAFFIC 3


..etc.... C C ..C C CC



* c ....... e ...
...acme......e.g..
*........ e......
m me... em cc *
................
� D e ,

g L e 1m


39,960
63,526
76,591
74,898
65,604
73,228
73,887
76,921
73,710
89,577


48,717
57,827
69,229
52,052
44,962
50,399
48,033
48,008
45,694
55,249


145
110
470


SMALL U.S.


GOVERNMENT TRAFFIC


ii
a eec..... ~.....
em......C.S.C...
........e.e......

..SC C....*.te.....

..........ee.c...
* cc........ w.. ec


12,851
9,504
14,375
15,129
10,712
10,757
11,406
11,998
12,464
17,840


16.769


8
9


* C CC *C*


..........
........a.
ect..C.C. .


SMALL FREE TRAFFIC


* * � t � � * * * * � *
C, a . . *C C C C C C C
ccc...... ele(c..
a.. e~el c .. a a..
ccc.... ac1ee
*CCC1cCCC cc... m
e~e~c cc... mc.
C Ca~e C C C CCC


..... .. 70


TOTAL PANAMA CANAL TRAFFIC


. .. . .. ... .. .. . .. 1
.. .. . .. .. . . .. ... 1
. . . ... .. ... . .. .. 1
. . .. . .. ... .. . ... 1
. .... .C ....... . . 1
...t.C..S........ I
...... ..... ... 1
.c. ...... . .... .. 1
... e.. ... ...... . 1
a . a . c. . . . c e c a .I
*e.C * ~C e m....

aC C CCC C S dccc C C I


3,087
3,808
4,362
4,725
5,050
5,271
2,954
2,523
2,766


.... .... .e .... 13,278


164,685,365
195,735,234
209,521,876
293,443,943
303,080,358
325,589,097
287,791,023
289,155,035
300,807,914
322,734,202


23,194,672
42,816,393
54,476,079
67,612,203
71,524,895
85,738,781
45,948,818
40,801,136
38,903,258
40,125,818


14,019
14,409
14,764
14,930
12,615
12,185


134,004,377
157,562,393
168,276,137
182,965,335
189,413,001
203,737,116
170,376,563
163,522,412
170,141,227
183,517,260


302,513
336,897
362,679
374,388
274,805
473,253
502,303
560,829
356,687
421,102


I (lr.2,, nnrn n tratfir . rIIFliulac- cki, ng nf 211 nat tnn ,nA nna D ma (nl nfl Fnaa frh.* nr nC C11A A .,ntaramr tnne rn ne


Fiscal


Total traffic









52 STATISTICAL TABLES




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40 6 4 5 94 5 2
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IP I
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PANAMA CANAL COMMISSION 53



Table 3.-Canal Traffic I by Flag of Vessel-Fiscal Year 1986

Measured tonnage


Argentina.......
Australia........
Bahamas........
Belgium.........
Bermuda........
Brazil...........
Bulgaria ........
Canada .........
Cayman Islands..
Chile ..........
Colombia ......
Costa Rica......
Cuba ...........
Cyprus .........
Czechoslovakia ..
Denmark .......
East Germany ...
Ecuador ........
El Salvador .....
Faroes..........
Finland .........
France . ........
Greece. .........
Guatemala ......
Honduras.......
Hong Kong .....
India .. . .... .
Indonesia .......
Israel ............
Italy ............
Japan ..........
Jordan .........
Kuwait .........
Liberia .........
Malaysia........
M alta .........
Mauritania ......
Mexico .........
Morocco........
Netherlands .....
New Zealand ....
Nicaragua.......
Nigeria .........
Norway ........
Panama. ........
People's Republic
Peru ...........
Philippines ......
Poland .........
Portugal ........
St. Vincent ......
Samoa ..........
Saudi Arabia ....
Singapore.......
Somali Republic .
South Korea ....
Spain ...........
Sri Lanka.......
Sweden........
Switzerland ....
Taiwan ........
Thailand........


Turkey ...


. . .


S* * .
* . . .
I* . I
* . *
* .. .
* . . .
* * . .
* . .
* . . .
* .. .
�* . .I
* A *
* . .
* . .
* .
* . .

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

* * A
* .
I .. .
* .
* * <
* . .
* , .

. . *
* . .
* * *
* * .
* * .
* . *
* *
* . .
I* A
* . *
* A
* . A
of(
. . *
* .. .
* * .
* .
* * *
* A A
* . *
* * *
* . A
* * *>
* . A
* * *
* .
* . *
* A A
* . A
* * .


Nnum-
her of
Flag transit


3
3
135
94
1
29
7
2
38
104
192
4
180
ISO
180
4
243
53
533
3
4
4
62
623
2
7
24
21
3
69
64
1,189
I
10
1,270
10
17
5
118
10
310
2
3
I
264
2,164
110
129
267
105
18
5
3
2
219
2
147
118
20
94
72
185
I
4


Panama
Canal
net


5,740
76,045
1,597,722
1,258.701
198,923
455,486
73,983
3,057
405,440
1,064.713
2,185,921
3,788
1,056.292
2,118,596
38,276
4.954.107
328,616
4,426,079
3,429
9,897
27,437
1.080,768
10,065,897
7,008
12,400
409.247
385,347
20,403
1,391,243
899.561
25,027,860
10,301
120,629
26,018,064
211,751
264,988
52,189
2,273,774
103,584
2,850,170
37,839
23,373
9,924
4,740,863
33,387,031
1,966,924
1,023.229
4.683,063
737,087
131,194
42,479
27,597
13,262
4,874,782
18,630
2,326,519
706,784
285,117
2,634,998
697,808
4,598,039
9,536
37,044


Registered
gross 2

7,134
93,934
1,862,109
1.391,787
238,925
560,518
89,595
3,344
318,942
1,223,681
2,264,662
3.968
1,258.334
2,315.927
46,738
6.222.172
348,383
5,105,687
3,438
4,200
31,386
903,704
11,466,899
8,256
15,586
489,551
467,478
24,394
1.838,363
1.118.925
18,552,932
12,974
155,152
24,855,194
247.568
312,841
66,369
2,781,031
118,420
3,117.094
46,319
20.757
13,197
4,876,239
32,960.842
2,351,587
1,106,916
4,826,260
822,088
170,156
49,058
31,650
12,164
4,243,925
21,086
2,701,381
750,584
364,698
2,130,896
827,315
5.582,140
12,649
47,198


Tolls


$12,808
139,162
2,851,601
2,242.633
343,906
833,539
129.041
4,463
724,574
1,883,583
3,898,783
6,932
1,907,878
3,761,075
70,045
8,893.693
575,681
7,693,997
5.852
18,112
49,875
1,965,836
17,773.340
11,528
20.802
726,461
679,778
31,533
2.545,975
1,637,029
42,490,795
18,851
216,258
45,517,196
387,504
484,928
95,285
3,815,616
186,609
5,066.313
69,245
42.773
18,161
8,387,025
58,493.782
3.534,621
1,849,678
8,296,061
1,325,791
231,565
74,657
50,503
21,816
8,547,242
34,093
4,185,628
1,283,881
515,118
4,713,425
1,270,381
8,353,160
17,451
62,927


Long
tons of
cargo


2,016
55,383
918.284
1,228,630
169,575
507,098
50,846

180,232
920,458
1,177,009
1,566
897,590
2,017,516
55.777
3,162,299
60,406
2,961,032
600
5,158
21.491
678,177
12,249,579
2.050
1,258
437.238
460,680

971,734
663,018
8,179.192
18,985
64,525
23,727.173
327,427
370,780
35,573
1.693.082
107.809
1,852,494
11,725
10,596
2,000
3,143,991
26,910,935
1,845,108
1,013,947
5,376,452
411,119
75,053
44,870
20.804
1,675
3,673,932
16.339
2,816,485
515,018
248,544
660,871
315,357
4,011.282
14,781
32,222








STATISTICAL


TABLES


Table 3.-Canal Traffic' by Flag of Vessel-Fiscal Year 1986-Continued



NOTE.-In Canal traffic statistics, foreign naval vessels such as transports, supply ships, tankers, etc., with a measure-
ment of 300 net tons (Panama Canal measurement) and over, and vessels of war, dredges, etc., with a displacement of 500
tons and over, are classified as oceangoing commercial vessels. Statistics on these vessels, except as related to displace-
ment tonnage, have been included in the table above. As displacement tonnage cannot be combined with net tonnage,
the following table shows statistics covering 24 vessels which transited the Canal during (iscal year 1986 and paid tolls on
displacement tonnage.


Argentina
Chile ....
Ecuador .
Indonesia
Japan ...
Mexico ..
Panama..
United Kin
United Sta


. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . N aval
S....... .. .. . . . . . . . . .. . .. .. . .. . .. . . . . N aval
. . ....................................... .... . N aval
........................... ... ........... ...... . N aval
.......... . . . . ............. ... . ..... .... ... . N aval
. . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . N aval
............. .. .......... ...... ........... .. . D redge
igdom . . .............. . . . ... ....... . . . .. . . Naval
tes ........ .... ........ ........... .. .... ..... D redge


Total....


Nium-
ber of
transit
I
I
2
2
4
2
1I
8
3
24


Displace-
ment
tonnage
3,300
3,317
2,206
1,710
15,492
3,496
4,055
27,965
12,090
73,631


Tolls
S3,366
3,383
2,250
1,744
15,802
3,566
4,136
28,524
12,332
$75,104


Statistics compiled by Office


of Executive Planning.

















STATISTICAL TABLES


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* p 5
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* * * f

* f * t
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* S S S
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* * S S
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* p ft *
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PANAMA CANAL COMMISSION


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en-r-
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639


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ft S 9 f
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PANAMA CANAL COMMISSION



Table 5.-Laden and Ballast Traffic by Flag of Vessel

Fiscal Year 1986


Laden


Ballast


Num-
ber
of.
transit


Argentina ......
Australia ...... .
Bahamas........
Belgium ........
Bermuda........
Brazil .. ..... . . .
Bulgaria ........
Canada.........
Cayman Islands..
Chile .. ........
Colombia.......
Costa Rica ......
Cuba ...........
Cyprus .........
Czechoslovakia ..
Denmark .......
East Germany ...
Ecuador ........
El Salvador .....
Faroes..........
Finland........
France....... ..
Greece.........
Guatemala ......
Honduras......
Hong Kong .....
India .... .. .. .. .
Indonesia .......
Israel . . . . . . . . .
Italy........ .. .
Japan ..........
Jordan ........
Kuwait .........
Liberia ........
Malaysia........
M alta ........ ..
Mauritania ......
Mexico .........
Morocco........
Netherlands .....
New Zealand ....
Nicaragua.......
Nigeria .........
Norway.........
Panama ........
People's Republic
Peru ......... ..
Philippines ......
Poland .........
Portugal ........
Saint Vincent....
Samoa ..........
Saudi Arabia ....
Singapore.......
Somali Republic.
South Korea ....
Spain ...........
Sri Lanka .......
Sweden .........
Switzerland .....


I
3
112
73
8
29
5

34
81
156
4
159
156
4
208
40
422
2
4
3
56
525
1I
5
18
17

69
61
845

9
1,034
10
17
4
67
8
239
2
3
I
215
1,779
99
124
232
92
14
4
3
I
185
2
137
112
18
81
70
*Inn


Panama
Canal net
tonnage
2.870
76.045
1,402,505
1,094.404
144,536
455.486
56.826
.. ...* " 4*
358.464
880,320
1,911,723
3.788
988,356
1,805,203
38,276
4,488,370
259,194
3.323,436
2,286
9,897
26,532
1,048,419
8,316.568
3,504
7,292
348,541
316.680

1,391,243
874,783
16,038,697
10,301
108,486
20,353.574
211,751
264,988
51,592
1,330,650
95,612
2,446,120
37,839
23,373
9,924
3,960,446
26,336,080
1,791,655
961,523
3,942,673
674,713
108,168
34,155
27,597
6,631
3,865,028
18.630
2.132.189
681,017
267,155
2.341,428
679,950
A A' Ants *.


Tolls
S 5,252
139,162
2,566,584
2,002,759
264,501
833,539
103,992

655,989
1.610.986
3,498,454
6,932
1,808,692
3,303,521
70,045
8,213,717
474,325
6.081,888
4,183
18.112
48,554
1.918,607
15.219.319
6,412
13,344
637.830
579,524

2,545.975
1,600.853
29,350,815
18,851
198,529
37,248,057
387,504
484,928
94,413
2.435,090
174,970
4,476.400
69,245
42,773
18.161
7,247,616
48,195,258
3,278,729
1,759,587
7,215,092
1,234,725
197,947
62,504
50.503
12,135
7,073,001
34,093
3,901.906
1,246,261
488,894
4,284,813
1,244.308
fl t S


I Num-
ber
of
transit
I

23
21
3
. . .. .. . .
2
2
4
22
36

21
24

35
13
109


I
6
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2,870

195,217
164,297
54,387

17,157
3,057
46,976
184,393
274,198

67,936
313,393

465,737
69,422
1,102,643
1,143

905
32,349
1,749,329
3,504
5,108
60,706
68,667
20,403

24,778
8,989,163

12,143
5,664,490


597
943,124
7,972
404,050



780,417
7,050,951
175,269
61,706
740,390
62,374
23,026
8,324

6,631
1,009,754

194,330
25,767
17,962
293,570
17,858
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Tolls
$ 4.190

285,017
239,874
79,405

25,049
4.463
68,585
269.214
400,329

99.187
457.554

679,976
101,356
1.609,859
1,669

1,321
47,230
2,554,020
5.116
7,458
88.631
100,254
29,788

36.176
13,124,178

17,729
8.270.155


872
1,376,961
11,639
589,913



1.139.409
10,294,388
255,893
90.091
1.080,969
91,066
33,618
12,153

9,681
1.474,241

283,722
37,620
26,225
428.612
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Table 9.-Ori


Atlantic Du


WEST COAST NORTH AMERICA:
United States:
A laska ...... .. .....................................................
Hawai an ........................... .....................................
Mainland ited. Ss ........................................................



WEST COAST CANADA ........................................ .......


I
Belgium

4.767


387,413

392.180


818.734


Den-
mark




39.376

39.376


224.575


WEST COAST CENTRAL AMERICA:


Costa Rica
El Salvador
Guatemala
Honduras ..
Mexico ..
Nicaragua..
Panama....
Central Ame
Balboa. R.P.


* o � � � * * a , �


* . 9 9 4 9 9
� . . � . . . . . .



. . . . � . . � . .


rica (other)
rico
i
9 949999999*


* 94* 99*
49.9..
994.99

994 9 *
.4.9..





.99...


18
2.053
31


18.774
105.095


986
999.4.99


Total Central America .


49 .9....





166


9. 49,9..
9999.... 9
9.999999.


126.957


WEST COAST SOUTH
Chile ....................
Colombia .. ...... .. .....
Ecuador .................
Peru . ......... ..........
South America (other) f....


MER



* *9944*
4......
*. 9.99.
4..999.


* . 4 * 99*999
* 944 99. *99

.9949.9,9...
*.99 9 9 **99*


94 9999...
* .9 4 9 9 9 9
*9 999 9 99 *f


Total South America ....


316.346
26.255
58.789
255.821
11.811

669.022


.9 .94...
* 9999944 *







. .. . *9 9


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

Total Oceania


* 9* 9 9999 l




* 9 * 99449 *
99 9 9 44 9

9 9 9 9 44


* 9 949
* 4 9 99
44 9949
9 4499
99 9 4 9


9 9* 4 9 9
9 *999994
.9 ...4999
* 9949999
* 9 44 9 9


13.189


29.212
98.760
14,832

155.993


9949 9999
499 * 9999
99 49 99.
99. 9 99. ..
99 99 . 4 .

9 9999 9


ASIA:
China ....


Taiwan ..... ..
Hong Kong .....
Indonesia .......
Japan ..........
Philippine Islands
Singapore .......
South Korea ....
Thailand ........
U.S.S.R .........
Asia (other) ..

Total Asia ....


49 99 499
* 999 ..

* '99 9 9
* 9 9 9 9 9
9 99 9 9 9

9 *99 9 9 .

* 999 4 9


992
16


4.532









64

5.604


GRAND TOrTAL. ............... .................. ............ 168490
PCrRent 9f9 Allantl.i-ondrt r-2.168 490
PercenI t n Afh m ntVP.Rn,,rI �tarn 1 1


264.687


f"


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9 .
9 9
9 1
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9
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-���








STATISTICAL


Table


TABLES


10.-Important Commodity Shipments Over Principal Trade Routes


Atlantic to Pacific

[Thousands of long tons]


Fiscal tear


-~Z - S *~ -


EAST COAST UNITED STATE I S IO WES I Ct
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 ..........


Other and unclassified .....
Nitrates, phosphates, and potash
Ammonium compounds ..
Phosphates. . . . . . . . . . . . . .


Ores and metals


)AST


.iii.i.i.
*. . .S . e..


4 C 4 C ~ s** 45 9 C 199


*


C 9 C 4 C C


..* ..b * ..........
* gee *e C ..C. . . . ..


Ore, alumina/bauxite
Petroleum and products


Fuel oil, residual


Gasoline.
Jet fuel ..


C.....


* g1e*


Lubricating oil ......
Petroleum coke ..
Other and unclassified


Miscellaneous


All other and unclassified


Total . . . . . .


9



*.32g
32

947
81
479
184
169

34
311
311
1,540


38
16
22



530


1,366


15
49
137
137
479
61
75
32
251

60
514
514
1,595


EAST COAST UNITED STATES TO WEST COA
CANADA:
Nitrates, phosphates, and potash ............


ST

*.......


Phosphates..
Miscellaneous ...


. .S. . .. . . ..C. S
* C .SC***CC


CSCC e C C SOC ggeSSSSSgS C C
* C C C begS C~..CCCC CC....


All other and unclassified


Total ... .


EAST COAST UNITED STATES TO WEST COAST
CENTRAL AMERICA:
Chemicals and petroleum chemicals, miscellaneous
C oal ........... . . . . ............
G rains .. ......... ......... .. . .. .......... .


Corn ....
Sorghum
Soybeans
Wheat...


. c. .. ................. .e ~C b . * . g . .gg.ep. . C . S.

*.S.SCCCO* .....c...... C e ............4


Other and unclassified ... . . . .
Lumber and products, miscellaneous


80

134
238
24


. . . . . . . .. . 9


Machinery and enniinment miairllanrnii


. C . . . C C C C C 9 . * . . . . . 9 . C * * C .
............5*.ee..*......
. . 4 C * C C . * S C C C C . * . S C e * . . . .


* tbb.. ....4 .5 ...5* 4C.04
*. C S g S C C C C C C C CC. . . . .C. C
. C . . . C C C . C S C C C C C . .C . . .
* C C Cg . eg. gge . be b ..be


10
818


...... . 6


1-


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�------��


""






PANAMA


CANAL


COMMISSION


Table


10.-Important Commodity Shipments Over Principal Trade Routes


Atlantic to Pacific-Continued

[Thousands of long tons]


Fiscal pear


EAST COAST UNITED STATES TO WEST COAST
CENTRAL AMERICA-Continued


Petroleum and products
Diesel .........
Gasoline..........
Fuel oil, residual...
Lubricating oil ....
Petroleum products,
Miscellaneous . . . ......


. ........ . .. .. . 1


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


s....


miscellaneous


........tee .s
. s.e... . .t . .
.*..at.....


Flour, wheat .. .... ... .
Oil, vegetable...........
Paper and paper products
Tallow ....... . . .......
All other and unclassified


* . . tot ... s.. . .. .. a e.e..c.
*.C.C.C ......tt . S..**.. ..C
..S..t .e.......C...* Ct* ...
* ette tes......t....t..
* * t . . . * . 6. e.t. a . t.****** .


Total


1,536


1,884


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


....C.te .e .e .t
*. .. . .. tes s...
. .C * C C C 5 . 5 S S


Coal and coke
Grains......


Corn ....
Oats ..
Rice.....
Sorghum
Soybeans
Wheat...
Other and


....at. ...t. ...............a t S ~ *t * a....
*.......C. . a. t....s.. aattee**e.... *.*....
* a. est. . ea. C . S. SC. S . t . t . .. S* Se* . .. . * Cs
...........s~...... e. et. .. e.*. . a......
*. s.. a a.s.C.C. t..... t.. S tt..tt. t. 5t.t ...

*.C...t ttete .C ...... .C.C . C .CC .C....C..... C~
*. . . . . .. . . . .......a. s t...... S *a*t t eS e I

unclassified ...... ...... . .. . . . . . .


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


257
5
2
22
103
1,262
5
7


.....s... tat.......*�.��C
I ICC C ....... . CsC S.e . . . . tee

tee......, as...... C.C ... Se


91

37
85
154
1,403
1
8


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
Angles, shapes, and sections
Plates, sheets, and coils ....
Tubes, pipes, and fittings .


Wire, bars, and rods
Other and uncla

.t.ts C. . e St. C . . .. eC. CC .
cc....tat......et....
.ta.eeeCS...St.S.e.ta
. e..tee.... .......a..

......t......5SC a....


347
3
85
22
137
2,210
2
7
5
2
66
18
19
18
8
3
30
3
6
12
3
'4


���


J






STATISTICAL


Table


TABLES


10.-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
Ores and metals-Continued
M etals...... . . . . . . . . . * . . . a . * * . . . a . . * *


Scrap ..........
Tin, including tinp
Other and unclassi
Other agricultural commodi
Oilseeds ............
Sugar ..............
Other and unclassified


Petroleum and products


Diesel oil
Gasoline.
Jet fuel ..


* ....
.c.....
.*g.c"


Liquified natural gas
Lubricating oil ....
Residual fuel oil ..
Other and unclassifie
Miscellaneous .........
Bricks and tile.....
Carbon black......
Clay, fire, and china
Flour, wheat......
Groceries, miscellany
Oil, coconut.......
Oil, vegetable......
Paper and paper pro
Resin.............
Rubber, manufacture
Tallow ...........
Textiles.... . . . . . ..
All other and unclas,


Total ..........


* es t .. .. .* *t t


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


: . . . . . . . . . . . . . . . . .. . . . . . .

S. . . . . . . . . . . . . .. .. . .



.d...... ..................

.g........ ... ...s... ..
e ........................







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


I
83
6
134
16
8
23
5
57
14

636
3
1I
16
27
5
3
41
147
52
4
40
11
286
3,646


127
3
2
5
4


256
65
75

52
25
29
10
577
3
I
13
15
2

54
Ill
36
4
33
7
297
3,760


Ill
2
14
44
1
43

466
183
142
5
54
37
38
7
665
3

17
44

3
66
109
23
6
43
9
342
5,027


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


Corn ............... .. .. ....
W heat.........................
O the . . . . . . . . . . . . . . . . . . . . . . . . . .
Other and unclassified .............


Machinery and equipment, miscellaneous
Ores and metals, miscellaneous ........
Petroleum and products ...........
D diesel . . . . . . . . . . . . . . . . . . . . .
Fuel oil, residual.................
Other and unclassified .......


...t..cats...
............."
a. t..... . . s."

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


9
45

34
II


63
98
8


25
140
21







PANAMA


CANAL


COMMISSION


Table


10.--Important Commodity Shipments Over Principal Trade Routes


Atlantic to Pacific- Continued

[Thousands of long tons]


Fiscal year


EAST COAST UNITED STATES TO OCEANIA-
Continued
Chemicals and petroleum chemicals-Continued


Caustic soda . ... . .. .......... .
Chemicals, unclassified ...........
Petroleum chemicals, miscellaneous


Coal and coke
Grains.......


b et .... *. C


Rice. ...... . ....
Soybeans .........
Other and unclassified


*CC ClesaCCac *
* *C~~CC~C C~ C


. . . . . . . . . .


" .b . . ..C C.CC. ..C. C C CS ' " "
Steect� at C� C C�*CCCC� �


bb. ..........CUCS
CSW C*CC.ep... e b. b.S.
.t ...... .. CIC. . .


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


Minerals, miscellaneous....
Nitrates, phosphates, and po
Ammonium compounds
Fertilizers, unclassified.
Phosohates...........


Potash .. . . . .. . . .
Petroleum and products
Diesel oil .......
Gasoline.........
Liquefied gash.....
Lubricating oil ..
Residual fuel oil ...
Petroleum coke....
Other and unclassifi


s


........

.....C.C C





Ce....b.a
" ' S C C"


5s55S555. b *CCC. . C C . . a.....
tash .b .C.. ... C' "CCC " C


tat. set.. cc C . ... C. C . C CCCC


40

7
7
3
I

2

3
8
403


48

2
2

I
4
5


10
743


.O.... ...C *b . * aaa..* .. ...c .. ..

*.*t*C*CCC. .Ce.... .. CC.CC. Cb...

c .. .cec C .... a * .. a * . . a C.. t a a. .
�. t C . . C C CCCCCCCCC C C . .


Se.g... e......


Miscellaneous . .......... .. . ..
Clay, fire and china . . . . . . . . .. . . . . .
Oil, vegetable............. ...... .
Paper and paper products..........
R esin....................... . . . . .
Rubber, manufactured............
All other and unclassified ..... ...
Total . . . . . . . . . . . . . . . . . . . . . . . . . .


EAST COAST UNITED STATES TO ASIA:
Canned and refrigerated foods..........


Canned foods, miscellaneous
Refrigerated foods:...........
n-li. -


4C*..CC.CCC.C
St.tt........c
C . C C C 66 et a .C
*.C...C ..CCC C.C
*...CC.C ..CCC .C *
*.C . ... ...C.. C C
.C.C.CC SC.C C
. C. C. . be s. ...
. 5C. 995559. . C



*.C....OSC .. C


em.. t s .eC C C C..C.C
SCCU... b.. . C C C C


24
I
22


422
1,772



166

166


24
3
18
I

399
2, 116



IllI
3
108


j-k


560
145


'""32

'""29
3
.c9..
9
3
9
9
'3
8
I
2
2

* . . S S S .
500
13
122
348
17
265


66
16
2
177
4
612
* a . a a a t
4
27
12
1
568
2, 136



177
6
171
C t-b A







STATISTICAL


Table


TABLES


10.-Important Commodity Shipments Over Principal Trade Routes
Atlantic to Pacific-Continued

[Thousands of long tons]


Fiscal year


EAST COAST UNITED STATES TO ASIA-Continued
Grains-Continued
Sorghum ....... . . . . . . . . . . . . . . . . . .
Soybeans . . . . .. .. . . . .. . . . . a . . . . a .
W heat ............... . . . . . . . .. a �


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


* .s a . . .. e. . s. a S . S.m. m .. .
.............S.4...t ....... C
*..m....m .....*...cam. m e.....
.. e...... .me... . P.m... ...
*tat...ac.me mm.......*m...


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 .
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, unclassified..
Phosphates............
Potash . . . ... . . . . . . .


Ores and metals


Ores, miscellaneous
M etals ..........


Aluminum..........
Iron................
Scrap ..............
Tin, including tinplate
Other and unclassified
Other agricultural commodities
Beans, edible ..........
Cotton, raw .............
Other and unclassified
Petroleum and products .....
Gasoline . . . . . . . . . . . . . . .
Kerosene . .........
Liquefied gas......
Lubricating oil .....
Petroleum coke..........


* S ms*C *0
em...
* C *m Use.


.* . .* . . . ..me ... P.. . .. ma.

* m.*.....s ..S m S ...SS..
..........t.as.S ......
* U.m ........C ........ e

*. .. e m...... cC.. .....
.* ...........a...* .4
........U.U .......... m


*..a ...em s. .....m .a ......
....a ... . . ....... C C m ....
. ma�m...m. *.t . � � .


.... ... ........ pCa. e....a. ....
*m....e. .a..c... . m e. ........ s m
...C.*......m ass.... .Si.......


. . eases ams.. . *t m .m.. .me .
P.m........ c. .m......
..a....m. em m ... e.a ....
a .a 5s mS .ame . . .
. * .a.m. .em . . a...... . .s. . . .
a.. *.m...... am.. ......
t m. . .aS.PO. . . . . am.eamm.. .
a...*S......a.....S.sm.
* . .a. . .. * a.C.m m ..a. .

.*S.S...* . .mm....... ee

.at............. *a.. ea
tam...............m. mC
sm...ems...m..... .m... *
..... m a..e....a . d.*e.


2,231
6,421
623
85
400
400

41
3
3
19
1
15
56
8


3
45
39
3,413


8
137
3,216
52
2,942
54
2,888


'......
2,877


1
1,824
120
60
324
81
1,106
10


2,033
5,725
1,984
104
284


31
4
5,193


122
249
4,810
12
2,149
64
2,085
I
24
2,048
1


2
4

821


1,195
6,148
4,679
62
229


5,207
93
329
4,775
10
1,988
7
1,981
26

1,946
1


22

2
598
4

178
103
260
iA







PANAMA


CANAL


COMMISSION


Table


10.--Important Commodity Shipments Over Principal Trade Routes


Atlantic to Pacific- Continued

[Thousands of long tons]


Fiscal rear


EAST COAST UNITED STATES
Miscellaneous-Continued
Paper and paper products.
Resin..................
Rubber, manufactured....
Tallow .................
Textiles.................
Tobacco and manufactures
All other and unclassified .


TO ASIA-Continued


*...*.t .ata..at ...... ..
*. C.*WC*.* **cS**tt.tt
*. *. a a aa.a ........ ...
..a . ...act ...... t t ...
...abs.......ac......
* c...... c.......e.t...
. . a . * *a. .. . . a a a a a a. . *. a


4.. 2
4,2


3.896


Total.....


EAST COAST CANADA


STATES:
Miscellaneous


40,503


TO WEST COAST UNITED


C * CSS C*


Pulpwood..............
Paper and products .....
All other and unclassified


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

a....a..tad...... a......
..ate..c.a tat. .. ... a.
. .� . .. .. .


EAST COAST CANADA TO WEST COAST CE
AMERICA:
Grains, miscellaneous..... ................
Manufactures of iron and steel, miscellaneous
M miscellaneous . .................... ..


EAST C(


Paper and paper products..........
All other and unclassified ..........
T total ....................... .
3AST CANADA TO WEST COAST


AMERICA:


a
C
C


16
19
35


CENTRAL


a


a s.
* . .


SO


Canned and refrigerated foods, miscellaneous.
Grains . ......... .........................
Barley . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Machinery and equipment, miscellaneous ....
Manufactures of iron and steel, miscellaneous


Minerals, miscellaneous..
Asbestos...........
Ores and metals ........
M etals.............


tstet


ccc...

* te...
......


Tin, including tinplate ....
Other and unclassified ...
M miscellaneous . ................. .
Paper and paper products.......
All other and unclassified ......
Total ...... .. .. .. ...... .... .

EAST COAST CANADA TO OCEANIA:


� a e. � a
UTH

. ......
.. ... a...
t a. a C . C a.
........c
ac......


...c.......ea.. c
. c a a � . ......
as........cc...
Ca....... c.....



a. a. ab s......
ate...... cc....
ate.. .. , tea...
�........ cat...


11

. . . . . .*
2
2�
14
14
�a....
�a......


39

17
22
68


40,976



19

11
8
19



.�.�..I.
24
20
11
9
44



3




9

9
1


1

76

33
43
89


44,012



46
1

45
46



8

28
12
16
36



15
5
5
5
4
12
12
2
2

2
92
48
44
135


. S. St


Total







STATISTICAL


Table


TABLES


10.--Important Commodity Shipments Over Principal Trade Routes


Atlantic to Pacific


-Continued


[Thousands of long tons


Fiscal year


EAST COAST CANADA
Grains...... . . . . . .


Soybeans . .. ... ..
W heat....... � � a
Other and unclassified
Lumber and products ....
Pulpwood.. . ...


Other and unclassified
Machinery and equipment
Manufactures of iron anc
Ores and metals .......
Ores, miscellaneous
Metals. . . . .. ..


TO ASIA-Continued


* a a * a at...��� ..t aet
* a * t a ta ...t.... a. ...


it, miscellaneous ....
1 steel, miscellaneous

*e. e.....,...aas....


* at... a


204

6
31
451


79

28
185
185

2
25
355
48
307


176


228


Aluminum .


Copper . ... . .. .. ..
Iron........ ........
Scrap . . . . . . .
Other and unclassified
Miscellaneous . .. .. . . .. .....
Flour, wheat ............
Paper and paper products.
Resin......... . . . . . . .
All other and unclassified.


* a. *..a.at.... .bat.....
*.......tt .C ta .... a....


* . . . a .a.*.t aa .t... ..b a.
* **t** as� asa t t " a tee�6

* . 4. ......# * . �. t.�
*..a ..... ....ta..., as..
a.a.*cc a sea ..... a.t..


Total .......


Se


EAST COAST CENTRAL AMERICA
UNITED STATES:
Nitrates, phosphates, and potash.
Ammonium compounds ...
Miscellaneous . .............
All other and unclassified ....


TO WEST COAST


*. b at..........c.S.a
*.st. t....... .. ..

*.s........ S *ttt.t


Total.....


EAST COAST CENTRAL AMERICA
CENTRAL AMERICA:
Nitrates, phosphates, and potash .


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


Asphalt..... ... ...
Crude oil .. ..
Diesel oil . . . . . . . . .
Liquefied gas........
Fuel oil, residual.....


*.act..

*.C.....


1,550



at.....




*.eta...


1,526


*...a... a
* . . ...
tt.t....
.a �a .. a
.....��
rI O


TO WEST COAST


.t......cas.......

tat... .bat......
*.a..a. etst* *...tea


t ate cast..... a s ct a ...c .a a
cc .. .. a tat ..... ...ata ...


a


* tat tab tae.... .e ...a
*...t.. tat.., eacat...et


188

226
3,042
8
561
256
441
1,580
St /


45
86
405
3,022
49
745
I 1
327
1,734
C -


1,475



14
14
14
14
28



132
25

107
4,092
17
931
79
312
2,337







PANAMA


CANAL


COMMISSION


Table


10.-Important Commodity Shipments Over Principal Trade Routes


Atlantic to Pacific-Continued

[Thousands of long tons]


Fiscal year


EAST COAST CENTRAL AMERICA
SOUTH AMERICA-Continued
Petroleum and products ........
Other and unclassified .......
M miscellaneous .................
All other and unclassified ....


TO WEST COAST

C. .... .. S. . .. t...


EAST COAST CENTRAL AMERICA TO BALBOA,


Petroleum and products ..
Diesel oil . . . . . . . . . ..
Fuel, oil, residual ....
Other and unclassified
Miscellaneous ..........
Total.............


EAST COAST CENTRAL AM


Petroleum products .....
Miscellaneous .......
All other and unclass
Total............


ifS


ed ............. ...... ..


10
53

1
64



15
15
15


EAST COAST CENTRAL AMERICA TO ASIA:
Chemicals and petroleum chemicals .........
Nitrates, phosphates, and potash............
Fertilizers, unclassified......... ......
Ores and metals, miscellaneous .... ......
Other agricultural commodities .............


Coffee......
Sugar ......
Miscellaneous ...


..SC *SCC...
C C....C...t
* ..t C .. ..W.


All other and unclassified


Total.....


EAST COAST SOUTH AMERICA
UNITED STATES:


eeceSCCSC S*C******c 4*c
* mccc. C **c**C*Ce * ccc..
eece C C * * C C C CCC eccecect
* a a tee e.e.c. C catStt***
* St *ccCc*t*S cc..... eec


I
25
123
123
265


138
46
46
186


104
30
73
1

104



12
12
12


19
18
18
90
2
2
" ...09
109
109
238


TO WEST COAST


Canned and refrigerated foods, miscellaneous.


Chemicals and petroleum chemicals .
Lumber and products, miscellaneous


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


Manufactures of iron and steel, miscellaneous


Ores and metals


Alumina/bauxite ....
Other and unclassified
Metals, miscellaneous ....


........ cc
.c. .cc..
tee .. c..


..c..c.......t. c.. cc..
* .C..C...S*.e........
cc.. c.... c. c * ccc . e..
eccec.... ... c...... e..
............ cc..c.....


34

55


l~Ln n. n*n a -l a. .1+.. .-;(n In in*+I


70
106
106
207


65
4
61


65


11
57


13


43
2
2
* . 73
73

131



16
74
31
171
30
27
27

3
1;


U


Total


R. P.:







STATISTICAL


Table


TABLES


10.-Important Commodity Shipments Over Principal Trade Routes


Atlantic to Pacific--Continued

[Thousands of long tons]


Fiscal year


EAST COAST SOUTH AMERICA


UNITED STATES-Continued
Miscellaneous ..............
Paper and products .....
All other and unclassified


EAST COAST SOUTH AMERICA
CANADA:
Manufactures of iron and steel
Miscellaneous ........


TO WEST COAST


*..g. m. ........*..m ......
* ... . .. ........ ..C . CCC C
*..........~e. g... m ... a.
*.g.e............ .e.....


TO WEST COAST

... . e. e.g.........
...** **........ c.. 55... .


All other and unclassified .


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


EAST COAST SOUTH AMERICA
CENTRAL AMERICA:


Coal ......... .. .....
G rains.......... ........


TO WEST COAST


"..C. C.. C..C 0C.me...... .
*.*.se. .. c........C .........a


Sorghum .. .. . . ...... .. .. .
Soybeans .. .. . . .. ... .... .
Other and unclassified. ..... .........
Manufactures of iron and steel, miscellaneous
Nitrates, phosphates, and potash ..........


*f C55555t


"...e. .
I


m... *
1


Fertilizers, unclassified....
Petroleum and products ......
Crude oil . . . . . .. . . . . . .
Other and unclassified ....
Other agricultural commodities


Sugar ......
Miscellaneous ...


All other and unclassified


Total.....


EAST COAST SOUTH AMERICA


*.... ... m.......C ....
..m......sa........ aa*mnn

*.m........ ... e..*
* .... ................
." ... e. g.............
.e..t.......ate......

em..........e~...... sm

TO WEST COAST


SOUTH AMERICA:
Chemicals and petroleum chemicals, miscellaneous
Grains ........ ...... .....e...... ....... ..


O ats. . . . . . . . . . . . . . . . . . .
Grains, miscellaneous.....
Manufactures of iron and steel,
Minerals, miscellaneous.......
Salt ....................
Nitrates, phosphates, and potasi
Fertilizers, unclassified....
Ores and metals . . . . . . . .. . . . .


Ore, alumina/bauxite.


miscellaneous


e. ...Sec
egg.... m


em. ...... e.......m.....

h..........*m.........

g..m........ aa...... a
g.e....ae.e.g..........
e.g......ee.....eg..m...


558
43
31
31
61
61
781



16
2
2

31
13
13
176
176
29
10


659
28


12
12
860



8



170
6

91
91
13

6


594
*. ..12
12

30
30
985



18
7
1
6
87


57
57
28
18


1 984 I


14
109
819


10
87
875


Total







PANAMA


CANAL


COMMISSION


Table


10.-Important Commodity Shipments Over Principal Trade Routes


Atlantic to Pacific-Continued

[Thousands of long tons]


Fiscal ear


EAST COAST SOUTH AMERICA
SOUTH AMERICA-Continued
M miscellaneous ................
All other and unclassified ..


EAST COAST SOUTH AMERICA
Petroleum and products ....


Diesel oil ...
Gasoline....


" " ...


Fuel oil, residual...
Miscellaneous .........


TO WEST COAST


* 5C1 * *5:


TO BALBOA


9. . .9. . .4..S
39. .9......
a. a... .C .9 .
*.C. ..C.CC ..93


All other and unclassified


Total....


EAST COAST SOUTH AMERICA
Petroleum and products ....
Jet fuel . . . . . . . . ... . . . . .
Kerosene . . . . . . .... ..
Total . . . .. . . . . . ... ..


* 9 C . . .C 3 . .C .3 . . . C
* .9 ass... .. . a.. ..
*. C.3 .. .5 .S .** . a
*. . c....... a ...
33 C . .C. C . .C * * 5*
* ... .. .. .......


TO HAWAII:
*. ass...... C3 C C C.a.a
.*. . . . a. . as assess .. ..
593C... ... ... a..*. .....
. o . .. w . . .. .. ..".


EAST COAST SOUTH AMERICA TO OC1
Petroleum and products, miscellaneous
M miscellaneous ......................


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


* *3C9 CCC~
* C 3 5 * * * * S


96
2,070


61
35
26
. �. C 2
2

63


92
92

92


45
1,916


71
65
1
5
7
7
78


60
60

60


EANIA:


ta.c. a.. 5S
* *9*5~@a*3
* C C C C 3 5 0 5 5


EAST COAST SOUTH AMERICA TO ASIA:
Canned and refrigerated foods, miscellaneous


Chemicals and petroleum chemicals, misce


Coal and coke . ... ... ............
Grains, miscellaneous..............


aneous


. .C . .C . .C . .
. .. ...559


Lumber and products, miscellaneous ........
Manufactures of iron and steel, miscellaneous
Nitrates, phosphates, and potash............
Fertilizers, unclassified................


Ores and metals


Alumina/ bauxite


Iron .. . ...
Manganese.


. * .
* t Ct Ct *


Other and unclassified
Metals, miscellaneous ....
Other agricultural commodities
Cotton, raw ....... .. . . . .
Other and unclassified ....
Petroleum and products ......


Crude oil ..


a a a * * *


i.. ....
CS......


as.........C.C.C.C*.*..

e. ..c .c ......... .a.a.

C a...99a........*C*C**

. a............0a....
* a a a a . C 3 3 3 5 C C C C C C C C C.


..CC......... C C.....
. "� ..... . " . ..


2
269
93
12
32
31
18
176
21
4
17
163
.. . 3 9 * C


32


15
70

53
42
357


364
146
14
64
66
2
218
5
3
2
632
508


1,829


20
22

5
5
47


59
26
33
59


30
3
3
33


22
47


32
88


290
121
49

37
35
169




1,031
892


*


. . . . .


Total


R. P.:







STATISTICAL


Table


TABLES


10.-Important Commodity Shipments Over Principal Trade Routes


Atlantic to Pacific-Continued

[Thousands of long tons]


Fiscal rear


WEST INDIES TO WEST COAST UNITED ST
Continued
Manufactures of iron and steel, miscellaneous
Minerals, miscellaneous...................


Salt . . . . . . . . . . . . . .
Nitrates, phosphates and pc
Ores and metals .........
Ore, alumina/bauxite.
Metals, miscellaneous
Petroleum and products ..
Asphalt.......... .
Liquefied gas........
Fuel oil, residual.....
Gasoline . . . . . . . . . . . .
Jet fuel . . . . . . . . . . ...
Lubricating oil . .....
Miscellaneous ........
All other and unclassif


Total.....


..0. ..


ATES-


* . Sd* * C * ft
"'.'a*..
"''...'...


*Cf. ..f.tf".t " �ftf.tf.t.ft....


"****mm " ftftftftd. ft.*..f�. " Ste
te... ff..t.......ft. f. *. t. .f.ft


*. .. . .. . ..t.......af mm t * f .S a e
*.*.S." ."t a *"a. . ..a . .. * . ..
."." " ..... ."."'".." ..

. ed . . . . . . . . . . . . . . . . . . . . . .

.. .. ... ... ............
*ied . .e .....a.at.at . m.S..... f

*.*.....m...... f ..... f ......


WEST INDIES TO WEST COAST CENTRAL AMERICA:
Chemicals and petroleum chemicals, miscellaneous ....
Other agricultural commodities ..............


Sugar ...........
Petroleum and products


Diesel oil .... . .
Fuel oil, residual


Gasoline.
Kerosene


" . . " .�
aft.tct.5...


Lubricating oil ....
Other and unclassifie


Miscellaneous ..
Cement....


.......
. ..'...


All other and unclass
Total . ..........


* ftft ..f tS. St....... ....e. ..ft....*

..f.. tO .mft ..ee m ... taf........ft

e. d.t. . . . . . . ...... ftttf mt * e**~
ta.... s. c....... ..*........f ...t


* a . c . m ...... . ftfftf...m.f....

siftffted . c...... f...mfttftf ..af...
.i ie . . . . . . .... .**aa . . .. . . .. .... .
a m . ft...i!! ta m s.... *t a e


5

227

'a.....
36
139
29
23
6
6
337

5


41
28

7

I
5
73
2
71
119


WEST INDIES TO WEST COAST SOUTH AMERICA:
Nitrates, phosphates and potash, miscellaneous ....
Other agricultural commodities, miscellaneous ....
M inerals, miscellaneous . . . . . . . . . . . . . . . . . . . . . . . . .


Sulfur ....
Ores and metals


Ores, miscellaneous ..
Metals, miscellaneous
Petroleum and products ..
Diesel oil ...........
F!Pll nil recinal l


t...... ""... e..... . m ...
f. .CS ftC**tf... t .me.......... f
S........ b...... m...... a


9

462
267
-U


57
" t.....
166



43
106
17



354

1
3
3
135


41

2
2
13
8
5
567
232
7';


2
18
18
187
81

49
16
6
36
71
4
67
278



53
6
6
12
7
5
733
357
01









PANAMA


CANAL


COMMISSION


Table


10.-Important Commodity Shipments Over Principal Trade Routes
Atlantic to Pacific- Continued


[Thousands of long tons]


Fiscal rear


WEST INDIES TO BALBOA, R.P.-Continued


Petroleum and products-Continued
Fuel oil, residual............
Gasoline . . . . . . . . .. . . . . ...
Other and unclassified ..... . .
M miscellaneous . . . . . . . . . . . . . . . .
All other and unclassified .....
Total ....................
JT INDIES TO HAWAII:
Petroleum and products ..........


Jet fuel .........
Residual fuel oil .
Total . . . . . .


WEST INDIES TO OCEANIA:
Minerals, miscellaneous....


Salt ..............
Other agricultural comm
Sugar ............
Petroleum and products
Diesel oil .........
Gasoline..........
Jet fuel ..... . . .
Lubricating oil ....


eta..Q .. .ta .... .


......... . � . � . � . . . � � � ..
sit....eta b....S....... . e....

.....t... .S...*.... .~. ....a..


ies . . . . . .. . . . . a .


* i.
odit


Other and unclassified
Miscellaneous ...........
All other and unclassif
Total .............

WEST INDIES TO ASIA:
Canned and refrigerated foc


t.. ..t ... . . ... ....... .. .





*Sg e a a �� ** ** * a .St a * tea
a .b. .. .. ....... .. . .a. .a. .t. .
..a .,.. 9...tt ...e....ta ....
..a.*s. a........ . a.... ... .a a
* aa a. 9.. aa...tee.as.tag ...

ied . .. . . . . . . . . . . . .. .a.a.a *
as..ta. aa.. S.... St. *.S.a.a .aS.


ods *..t..a. a.s.s.a ..a.a.a a.. t


Fish, refrigerated ................. . . . . .
Other and unclassified .... ................
Chemicals and petroleum chemicals, miscellaneous
Ores and metals ......... . . ... . . ... . . . . .a.
O res . ............................. .. .


Alumina/bauxite ....
Other and unclassified
Metals, miscellaneous ....
Other agricultural commodities


Sugar
Other
oleum
rt--_- ,


and unclassified
and products ..
a I


ttitt..t.i...SaS.... aS
S.C.S a.i.....g.e..S....
. 5* . S. b. *.a.tat.......
* Sates..a..a. ..aattaa... 4


......as ..,.,..a ...at.... *5~
* a S�a.a� asbee�a. t � St S�a�S� e
� �bs ��q ��taa � at et a Sttt .,�


49
49




20




8
8
77


18
17
1
48
13
10
10

3
1,117
1,115
2
73


64


115
61
54
115


26
26


57

29

5
23

* t . .. .
83


14


43
3

1,264
1,264

54
t ,^


* 5 *S* * �
* . . et.

97


268
268
* a a a a .
268


41
180


19
6
38
36
31
26
5
5
1,162
1,161

70


WES