Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-11-27
PROPERTY VALUES
ADVANCING NEAR
THE WATER FRONT
Street Improvements, Better
Transit Facilities and
DEEPENING of Delaware
Channel Are Responsible.

The removal of so much property from
the market by improvement of streets
and transit facilities on Market street
east Of 7th. is beginning to be felt This
Is particularly so OH Arch street. II is
also conceded that increased interest in
tho Delaware water front and deepening
OF the channel has had its effect.
business men are compelled IN looI,
ahead and take some chances in obtain
Ing business location, so that when the
demand for property Is made public they
may not he compelled to pay higher
range of prices
Arch street from 9Th to 7th now has
number of properties to rent but vary,
few for sale. Owners evidently are hold
inG for higher range Of prices Hero 60
a Glance ~ tho "oI-s
lGS 70 by J?3e So 2S 9Scf ES2: SS22t Arch street lot
many 70 Arthur W Drayton assessed
1910, October 500 Arch stree, 49,. $4,000
story store, lot 20 by 90 feet C:baries
w. III hldais tS, 10 TO- Margaret NJ Patton. as
lOli, May 2l-southeast corner OH ana $4,000
sooTrm soT 'ttse's 10 ManId: Gt q By p feet Louis
1oia i:S'e JnmgRSy TTGRSyY sSia at auction 2o5OO
D. 10
Jacob We.nsT; four-story building. aso 50
1911, July iS~mi Arch street Iot u 10000
by 100 feet, Morris L. Miller Ss' to tSt GuaIs IN
antSs barbers Supply Company. 80. 30 600
and Arch streets. lot Is by ~
feet hvc-story brick building.
ruhIcct to ground rcnt $1,000
Per annum' prin, ............ $4,000
1914 February a-s2o.3i Arch 1000 stpea. 2@'OOO
ssgnt,story terra Gotta building lot
~ by irregular sold by Edward r.
loIi Novembcr qoFsa sns < tleSE Sscb Sra; 705OO
sSS5sI0Fg soSon5 TlorS ofiS9 o hpIIdi1g ~ marble
ot william II. Moore 10 II James
Fernlcy, asgessed $40 600 IA o5o |
The conditions noted in Arch street also also
nave extended north to Cherry street, |
which is 46 feet wide between 5th and 6th
streets. and % fe=t wide between Gtb s,rs't /
and 7th street. Having no trolley tracks |
II Is desirable fer business purpOses In |
the two blocks two properties are for |
rent but none for sale.
Here are the most recent sales on this
part Of Cherry street:
1910. October 8--8IG Cherry srs.,
SSnrees S6, s story G dGS6 6TiSb store and dwelling.
1919 Nav G$ SWSiG oGi4 rbsrr' $1,000
s65oIg store and dwelling, lot 1913 by
1910 December iO.666 cherry street, o'"oo
70 BY %, 10 f.. sold BY S 7, Free. 5s.
None Of these properties had been inn
proved. but all were old dwellings
changed 10 suit conditions
1914. October 1 % 5OT-e-lI-I3 Cherry
street, hye-story factory building lot
bl By 81 H., of sold construction
was sold by $. T, Freeman & Co. $50 600
Iel4, November 24-024-820 Cherry
street Two stores and dwellings with
Two email dwellings "a rear. lot 200
by fz.b It,. was sold hy the Proyi-
dent Life and Trust Company. tTtis-
tees q samuel r. shipley, deceased
70 HeoFge A. Bower ..+-..........., OOD
black a ]
u 1th street a notable sale was made De
ember 90 1908, Nos 7l2-i4-ls Cherry street
assessed $780, 900. for $4,000
This part Of Arch and Cherry streets
nd that further to the east Is likely to |
no" greater activity in the next year.
The wonder is that a great rise mas NOT
eeurred before this time the only expla-
alton being that the buying power has
OF yet exhausted itself In the eastern end
( Market street