Coronado Eagle and Journal, Volume 9, Number 11, 24 July 1920 — HERE’S ONE RAILROAD THAT IS MAKING MONEY [ARTICLE]

HERE’S ONE RAILROAD THAT IS MAKING MONEY

The report of the Angels Flight Railway Co., operating in Los Angeles, as issued by the R. R. Commish, shows that at least one road is making money. The railroad is only a block long, running from Hill to Olive street, on Third, in Los Angeles. The fact that it runs up the hill and back, with a minimum of expense for employees, and no paving, probably accounts for the profit of over $16,000 for the year.