Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-18


Totals ................S 50, 90G, 600 IS, 2s0, COO
In this estimate the Wetherill apart
ment is put in at 81, 100000 and the Nc
Ilvaine apartment at 100000
A number of fine apartment sites are
possible. notably, the property at POI to 225
South 18th street, lot 1145kxlh, along
Chancellor street. purchased by e. 7.
Stotesbury on May 81 1912, from the
Philadelphia Trust Company, trustee OF
the estate of Joseph Harrison, Jr The
property. including 1721-23 Locust street.
Is assessed at $4,000 and was sold for
SS75,000.
other sites around the square which
have all the needed qualifications are as
follows
streets and 1922 Walnut street, adjoining.
lot s2x1s5 to Chancellor street, owned by
Mrs. Anne w. Penfield and assessed at
S275.0OO
Mes. 2s7-Ss-41-4s South 18th street, lot
Ssx150, owned by the estate of Ann
Thomas, and assessed at S220,000.
The Van Rensselaer, property, at the
northwest corner of 18th and Walnut
streets, lot 5Ox1I5, and assessed at $275.0O0
Rittenhouse square Is suited in every
way for apartment houses. and some of
the smaller streets leading to 1t, where
the ground can be obtained at slightly
lower figures, are also likely to have less
pretentious ones.
Plans have been prepared for ten
story apartment house at 1nI-19-21 Rlt-
tenhouse street, lot 1896, with small
streets on three sides This will be only
about 100 feet from Rlttenhouse Square.
bachelor apartment was planned for
this site In 1907 At that time Philadel-
phia had not the faith I'm Ihe apartment
question that plainly exists today, and
the plan failed for want of financial sup
port.
SALES IN VICINITY.
Eighteenth street from Chestnut street
to Walnut street has not been slow in
receiving light from the trade conditions
which for three years have been getting
stronger on Walnut street
On October 6, 1910. l24 South 18th street,
lot 1sx67. was sold for $4,000, and on
June 1. 1911. los South 18th street, lot lSx67,
brought $4,000. It is noted that number
OF private dwellings have been altered
into stores.
on 18th street. between Chestnut and
Walnut streets, property Is strongly held.
There have been no recent sales and no
attempt is noted on this block to convert
dwelling houses into stores, About the
last recorded sale on South Rittenhouse
square was made March 23 1918, Dr. Louis
Starr selling 1918 to DIR. 10. HollingsWorth
ana Is assessed for 1918 at $4,000 The
price paid was S55, 900.
Too much cannot be said I'm regard TO
the wonders worked for the section by
Paul Cret and his committee, While the
work was going on there We're many
critics who said they much preferred the
old state OF affairs to anything that
seemed possible.
IL this fine spot. near the eity's centre.
Is to be the site for more apartment
houses OF the type now standing upon IL,
builders can afford to buy at prices now
ruling.
MORTGAGES RECORDED.
Loans on mortgages show up very well
for the week. the following are OF record
including Thursday;
Loahs BY building societies - s5o7 eoo
Loans by trust eompanIes.... ....... I4i 600
Loans BY individuals .,,,,.......... lof600
Total ........................ "a o57 ooo
IarEe loans arc as follows: ''f''O'"VOp
10 eoo3G K. Breltnal to PhiladsiphIa saw
~ tlnd soeiety, southwest corner 18th ana
! see $50 Thirty -mortgages. r. T. Huston to
10 % oJi's ksb kiyl, etc; i IL Hos.h O2d 1stsest
go il..tSsa Asaoslation' northwest corner 23d and
s20.0oo-J q Kahn to Mainstay Building ana
i,sn f;sesn Assaeiation northwest corner I'd and
Sa0'0oo-H scheirsy to Wayne h,net,on
heFp4ukh streets.
sis.oo0-G connsil to O. Fl. Meclatchy.
nefsnszst corner d5th street and cobbs Cresk
100 ,s..9l. ssloHaH 70 $, Kean, corner Front
81. ooo-L. SOLOMON to s. Ksau, corner Front
3iLooo-W y. MetzEer 10 George s. Henssi
buiidinE and Loan Association, uorthsest cor-
ner l4th and Cherry streets.
Sloeo0-W, y 4sfassr 70 John Wiuamsl
haiiaing and Lean Association. northwest oor-
~ eee-W. u Aetzger to America Building
enq Lean Association. northwest corner 13tn
and C4e4Fy streets.
42l. QQo-P, ~ WaitaeI e Fidelity trust Com
pany. 18th and SedEiey Avenue
The TAX on deeds has NOT produced a
ripple on the surface. as many. II not
more. appear ia the Recorders onioe
and 10 effort 20 eYade the tax Is visible
Aoftsage money seems 70 be coming out
mere freely. The opening Of stock *
changes has had 8 good effect on the
money market. and the outlook FOR money
from banks and trust companies Is ais
rneily better. Rates 81 interest a. un-
rnan4ea LESSOR
Woman's Purse stolen On Car