VALUATION, 
DEPRECIATION AND 
THE RATE-BASE 
CARL EWALD GRUNSKY, Exc. D. 
Member of the American Society of Civil Engineers 
Member of the American Institute of Consulting Engineers 
ASSISTED BY 
CARL EWALD GRUNSKY, Jr., E. M. 
Member of the American Society of Civil Engineers 
SECOND EDITION 
REVISED AND EXTENDED 
NEW YORK 
JOHN WILEY & SONS, Inc. 
Lonpon: CHAPMAN & HALL, LiMiTED 
BY 
1927