The Valuation of Public Service Corporation Property / Transactions of the American Society of Civil Engineers, / vol. LXXII, June, 1911, ASCE 1190

by Henry Earle Riggs

IV.—The Preparation of the Final Figure.

The final form of the work is, of course, so much a matter of personal judgment that even a suggestion may appear to be useless. The use of such a classification as will conform approximately, if not exactly, with that adopted by the Interstate Commerce Commission is more desirable now than it was 10 years ago, as all the roads in the country are using this classification in their accounts, and the more nearly uniform the work of various State appraisals, the better the results will be.

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[18]. Unchangeable only for the period under consideration and as regards the purpose of the appraisal. This value varies from year to year, depending on business conditions and on earnings of the company.