OCR Text |
Show PHYSICAL VALUE OF RAILROADS Los Angeles, Feb 24. The first actual work of ascertaining the phys- j leal valuation of railroads In what is known as the western division of the United States in compliance with the recent act of congrpss, is under way here today under the supervision of R A Thompson of San Francisco, memhpr of the interstato commerce commission s recently created depart ment of physical valuation board. A crew of engineers started yesterday yester-day surveying the San Pedro, Los Angeles An-geles and Salt Lake's railroad between be-tween San Pedro and San Pedro bar bor, a distance of 22 miles. Mi Thompson announced that the mileage mile-age would be the first in the western j division to have a physical valuation places upon It by th new board. |