Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-11-11
MARKET STREET EAST
OF SCHUYLKILL HAS
BOOM IN BUSINESS
Marked Activity in Real Es-
tate Has Been Evident Re-
Gently Automobiles and
Moving F ictures.

Very marked activity mas been evident
for some time in the western end of Mar
ket street. east of the Schuylkill River,
as also at 18th and 18th streets where the
location of moving picture theatres has
drawn q large number of persons TO the
locality.
At the western end the automobile in
terests are now in full sway. this condi-
tiOn also taking hold of the cross streets
from 2lst street to 24th street as far south
as Chestnut street and at 9th street also
extending to that thoroughfare.
The question of the different grades
on Market street. Chestnut street and
streets crossing them or adjacent thereto,
made no difference to an industry turning
out machines able practically to go any
where. The slopes up to the bridges did
not interfere ut all.
The trade once established at 23d and
Market street section was the signal for
a general move.
COMPANIES LOCATE.
On the northwest corner OF 2lst and
Market streets is a large building given
up to the trade, lot 221.4 by lS0 feet, a
sessed at 100000. The John ], Short
stables on 2lst street have been altere
for garage purposes. On the east side OF
2Sd street, near Ludlow street, is the
Automobile Club OF Philadelphia. This
property was purchased In 1911 at $500
front foot a record price for sd street
at that point.
On the north and south sides of Chest
nut street, west of Esd street, buildings
suitable for the automobile trade will be
seen. the south side fully finished and
occupied, the north side soon 10 be under
roof.
INCREASE IN VALUES.
In 1913 assessments on properties 1905
to 1914 Market street were advanced
from Sl22,OOO to $4,000. March %. 1913.
20l3 Market street, assessed at Sso,OOO'
sold for S27 500. On January 1. 1914, prop
erty northeast corner OF 22d and Market
street. which has a lot 2OS feet on Market
street by 143 feet. was sold by George
w. B. Fletcher 10 Edward M. Harris for
about S1S5,O0O. subject TO a ground rent
OF S720 per annum. An eight-story rein
forced concrete building Is going up on
the site for the automobile business. o
December 1. 1918, 169s-l640 Market street
lot S9.6 by 12O feet sold for SS6.OOo and
on July Is. 1914, southwest corner OF
Market and 2lst streets was sold by
Henry MeGee TO Michael p. Walsh for
$4,000 The following sales are Of in
Properly No. 2Oll Market street. lot 21.s
xls0; sold for S2O.50O; this property sold
July II, 1887, for Si6, coo; It is assessed for
S280oO Novemh6r,s 1912, northeast corner
40 aiTd Market Streets aVoA%V@s s0lu LOT
SlT5, 900. March 30. 1889, No. 2isO Market
street. lot 22xl25 sold for siSoo9i Noyem-
Der II, 1906 same property sold for $1,000;
1t is now assessed for $1,000
GOOD FIELD FOR AUTO TRADE
A great many instances could be given
to show the great Improvement in the
situation on Market street between say
18th street and the Sehuylkil River. The
most potent one however, Il the fact
that the automobile industry has claimed
H. II was the diseOveFer that prices were
too low In Broad street north OF Arch,
and is still 70 be found there, but zlst and
streets and out 10 the river Is
today better neld.
This part OF Market street. Il Is safe 10
say, win not be specially, benefited from
the improvements OF the Pennsyivania
Railroad Company, soon 70 be made in
with the widening OF the right
OF wGy ana the vacation OF Filbert street
from 18th street to 10Th. unless. perhaps,
from the taking up for all time OF 50
much property 10 the north This. how
aver. win have the effeet on those look.
Ing for business locations In the district T.
watch for anything thsd may Be offered
thus keepiag the market With q decidedly
Advancing tendency.
LESSOR.