Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-09-23
CTTY'S BUILDERS .
SHOW ACTIVITY !
IN OPERATIONS
Important Work Started in
39th and AID Wards.
Banks and Trust Com
panies Advancing Capital.

The purchase by Mark Haller of lot
northwest corner of Third and Porter
streets, extending from Third to Fourth
street and from Rltner TO Porter street,
from the Girard estate, estates of Anna
T. King and John H. Mcneil, is by
far one of the most important trans
actions in the 39th Ward, and the ag-
gregate cost was S62,sO0.
The sale Of portion belonging to the
estate Of stephen Girard, confirmed by
the Orphans Court after statement by
the trustees. was owing to the fact
that it was far removed from other
realty Of the GIrard estate and cannot
be adapted for the kind of improvement
that the estate is engaged in" such as
the operation at Goth and Porter streets
now extending to 2lst street, and in
which the supply is far short of the
demand creating a very substantial
waiting list.
On the other hand the purchaser
shows very good judgment in acquiring
this block of property. 1t is on the
southeast edge of the built-up portion.
The troleys making the turn at Fourth
and Ritner streets, one Of the corners.
four lines Of cars radiating to different
sections, use the Fourth and Fifth
street tracks, and east and west lines
can be found on Snyder avenue three
squares to the north.
More than 200 dwellings, with stores
at the corners, will be erected They
VIII be Of the two-story type and one
half of them are now under way, cellars
and cellar walls appearing on the Ritner
street front The need of this operation
is apparent by the few properties "for
sale or to rent in the locality and
great impetus has developed from activity
along the river front with the deeper
channel, the opening Of the Panama
Canal and the proposed enlarged opera
tions of the Pennsylvania and other rail-
roads in connection with large wharf
facilities, all requiring a great amount
Of labor which must be housed.
The section has main sewer running
east on skunk street from Broad street
to Weccacoe avenue until it meets the
plant of the Pennsylvania Salt Manufac-
turing Company. 1t runs south to Oregon
avenue and east to the Delaware River.
The grades of streets in that section are
TO be changed TO accommodate its opera
tions, This, with laterals. will allow the
building up of all that land lying north
between Broad street on the west and
Swanson street on the east Car service
will be extended to meet the situation.
This section bids fair to be the thea
tire Of coming activit.' along real estate
lines.
NORTHWEST SECTION
Available lots for building purposes
were further reduced this week by the
settlement for property in the 43d Ward
and transfer to Charles j. Heckler They
are situated at Park avenue and Nc
.errau street with front Of S4O.SA feet
IN the north and south sides of Nc
'erran street, 80 feet on Park avenue
md 200 feet on Thirteenth street
McFerran street and Thirteenth street
will be opened by dedication. making a
public Improvement at this point.
This is an extremely we'll -built-up and
'usy section, near lines of the Richmond
Branch of the Philadelphia and Reading
Railway and industrial establishments in
dent thereto; it is also favored by nu-
nerous car line routes i'm every direction
Nm operation of 80 dwellings is planned
'hiS piece of real estate is practically
he last piece OF ground which can be ac-
uired in the ueighborhood of Broad
trcet and Erie avenue the nearest large
odinE west Of Old York road being along
Iuntug Park avenue where vacant
round is held at 100000 per acre. Hor-
ce Groskin was the broker in this
NOTES on THE STREET
The start OF these operations indicate,
hat trust companies and banks, which
ad virtually ceased to do business with
uilders, are beginning to show confidence
the future by again handling opera
ous.
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