Evening Republican, Volume 18, Number 229, Rensselaer, Jasper County, 28 September 1914 — Average Twenty Years of Life. [ARTICLE]

Average Twenty Years of Life.

It is estimated by the Pennsylvania company that passenger cars and locomotives have a useful life of twenty years, at the end of which time their value as scrap will be only about 20 per cent of their original post An. allowance of three per cent for depreciation and renewal is made for freight cars and of four per cent for locomotive and passenger cars. Because of the absence of sufficiently long experience in steel cars, an allowance of four per cent is made for depreciation and renewal.