The Reading Terminal Market opened for business. Merchants at the Butchers and Farmers’ Market and the Franklin Market moved into the new Reading Terminal Market.
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Construction began on the Reading Terminal after the Company agreed to build a market underneath the new railroad station.
The Philadelphia and Reading Railroad Company consolidated its four Philadelphia terminals to build one large terminal in downtown Philadelphia. The Company purchased the 1110 block of Market Street.
The indoor Butchers’ and Farmers’ Market located in the 1100 block of Market Street opened for business. The indoor Franklin Market was established on 10th Street south of Market Street, but by 1885 had relocated next to the Butchers’ and Farmers’ Market.
Select and Common Councils of the City of Philadelphia directed the Commissioner of Markets to remove the outdoor market structures located on east Market Street and those located west of Broad Street.
City ordinance changed the name of High Street to Market Street.
Market Street had nine market houses that stretched from Water to Eighth Street and two markets west of Broad Street between Fifteenth and Seventeenth Streets
City Commissioners voted to demolish the 1709 market house to make way for new market houses made of cast iron.
The Columbia-Philadelphia Railroad began laying streetcar tracks on High Street. Streetcars were not permitted to run on market days.
City ordinance approved the rebuilding of the 1720s Jersey Market House on Market Street between Front and Second Streets.