NORTH SHORE BREEZE 
30 
SOCIETY NOTES professional and little real stock MAGNOLIA HOTEL. 
came on the market. This is shown 
James C. Bayley of Marlboro very plainly by comparing the ac- Eugene R. Cuendet and family of 
street, Boston, has just leased for the 
summer through the May agency, the 
Butler cottage on Summer street, 
Mavnolia. 
o°Oo°00 
Edwerd S. Clark and family of 
Springfield have taken the Dickinson 
cottage, off Magnolia beach for the 
summer, and the garage connected. 
oO 909 
Miss Holdrich is the guest this 
week of Miss Ruth Wigglesworth of 
Milton, at the Manchester summer 
home of the Wigglesworth family. 
oOo °° 
Dr. and Mrs. J. H. Laneashires had 
a house full of young people over 
the Fourth, at their Norton’s Point 
cottage, Manchester. In the house 
party were Misses Gertrude Harris 
of Southampton, L. I., and Miss 
Kathrina Weed of Plattsburg, N. Y., 
school friends of Miss Lilla Lan- 
cashire, also Zac Belcher of Far 
Hills, N. J., and William Burrows of 
Chicago, classmates of Ammi Lan- 
cashire at Yale. 
oO°9090 
Robert G. Shaw, sr., arrived at 
Manchester this week to spend the 
balance of the summer at Brownland 
cottages. 
900909 
Miss Lucey Aspinwall of Boston has 
been spending the week at Coolidge’s 
Point with Miss Ruth Foster. 
o9909 
Dr. A. L. Mason of Boston has been 
the guest this week of the F. L. Hig- 
ginson family at Pride’s. 
WEEKLY MARKET LETTER. 
Oceanside Hotel, Magnolia. 
Members of New York and Boston 
Stock Exchanges: 
The past week has seen our first 
real crop scare. Conditions in cer- 
tain districts have been serious and 
undoubtedly the torrid wave has 
done considerable damage. But the 
high temperature on the floor of the 
exchanges had an equally great ef- 
fect on the course of prices, as it 
lent point to the bearish arguments. 
Contrary to general belief heat and 
draught are more dangerous to the 
corn crop later in the year than 
now, and a moderate rainfall will 
repair all the damage that has oc- 
eurred so far. The first wheat crop 
is very nearly harvested and is of 
excellent quality. The selling of 
stocks which forced prices down 
while it may have been justified by 
conditions, was nevertheless largely 
tion of Union Pacific and Atchison 
both of which roads would be ad- 
versely affected by a failure of the 
corn crop. The former in’ which 
the speculative account is large suf- 
fered by far the greater decline. 
Steel stocks showed a _ wonderful 
power of resistance and the result 
of this week’s operations by the 
bear crowd has resulted in very lit- 
tle more than a large increase in the 
short interest. 
In addition to selling due to crop 
news, the market has had to ab- 
sorb large offerings from abroad due 
to the uneasiness caused by the 
Morocean situation. This complica- 
tion, however, is not apt to become 
serious. Personally, we feel much 
more concerned over the wave of 
Anti-American sentiment now sweep- 
ing over Mexico. This sentiment is 
traceable to utterances of Madero 
advocating the refusal of further 
concessions to American capital and 
recommending a policy of ‘‘ Mexico 
for the Mexicans.’’ Demonstrations 
have been made against American 
enterprises in various parts of the 
Republic and labor generally is de- 
manding from 50 to 100 per cent 
increase in wages. While this 
movement is still in its infaney 
there is no telling to what extent it 
may be carried, considering the na- 
ture of the population and the un- 
settled state of the country. 
The copper metal situation is 
steadily improving and supplies in 
this country will probably show a 
material decrease in the forthcom- 
ing statement. Exports have been 
heavier than for any recent month 
and yet the supplies abroad  con- 
tinued their steady shrinkage. The 
improvement has been so gradual 
that the public has failed to realize 
the change, and values of stocks 
have not yet begun to discount the 
new conditions. The price of the 
metal has advanced almost a cent a 
pound and mines that were making 
money at the lower figure should be 
selling several points 
Among those quoted in the Boston 
market that have so far failed to re- 
spond, we eall your attention to 
North Butte, East Butte, and Isle 
Royale. The last named made a 
profit last year on ore running 14 
lbs. to the ton, and this year has for 
the past four months been mining 
ore averaging better than 18 Ibs. 
Consequently its costs have been re- 
duced by over a cent and a half and 
it is also benefiting by the improved 
price of the metal. 
higher now., 
St. Louis, who had a cottage at Mag- 
nolia last season, have returned this 
year and are at the Oceanside. 
Mrs. H. L. Daggett of Boston has 
been spending the week at _ the 
Oceanside a guest of Mrs. EH. P. 
Rowe. 
Col. H. A. Royce of Boston was at 
the Aborn recently for a short stay. 
Ile will return later for a month. 
Misses Helen and Clara Marsh of 
Lakewood, N. J., are at the Hesperus 
for July and August. 
Mrs. E. A. Bateman and Miss Har- 
riet L. Brooks of Cambridge, Mr. and 
Mrs. George W. Brown of Brookline, 
Edward H. Haskell and Mr. and 
A. E. Davis and Miss Mary Davis of 
Rock Island, Ill, and Miss Olive 
Davis of Wellesley and Miss 
Sarah Isabel Little of Wellesley are 
other arrivals at the Aborn this 
week. 
Mr. and Mrs. Gerald Bramwell 
and Master Gerald Bramwell of 
New York city came to Magnolia 
this week and have apartments in 
Tennis, one of the Oceanside cot- 
tages for the season. Mrs. Bramwell 
was Miss Faithful Ames, one of the 
belles of the Oceanside several sea- 
sons ago. 
Registered at the Hesperus the 
past week were: Mrs. Carrie F. 
Bennett, Franklin H. Cooley, Mrs. 
Burt Jay Tice, Providence, R. L.; 
Mrs. Geo. H. Nettleton and maid, 
Kansas City, Mo.; Miss F. E. Well- 
man, Boston; A. L. Stockford, St. 
John, N. B.; Mrs. A. C. Wilkins, 
Boston; Mr. and Mrs. F. K. M. 
Rehn, New York City; Mrs. Chas. 
F. Cruft, Miss E. M. Cruft, Miss F. 
C. Cruft, Boston; Miss Robb, Miss 
Annie B. Robb, Wheeling, W. Va.; 
Mrs. M. J. Bluen, Mrs. A. Living- 
ston, New York; Miss Emily Willis- 
ton, Cambridge; Mr. and Mrs. U. K. 
Pettingill and maid, Brookline; Mr. 
and Mrs. J. A. Hull and maid, Miss 
Phyllis E. Hull, Mt. Vernon, N. Y.; 
Miss Marion Coleman, Boston; Dr. 
Everett Jones, Bradford Jones, 
Brookline; Mr. and Mrs. Julius M. 
Wile, Rochester, N. Y.; Miss Frances 
Hardon, J. B. Hardon, Cambridge; 
J. F. Cunniff, J. E. Eichler, Walter 
Kilbourn, Walter Packard, Clarence 
Hawkins, Boston; Dr. and Mrs. Ru- 
dolph Hofheinz, Rochester, N. Y.; H. 
Sandmeyer, H. Sandmeyer Jr. and 
wife, Mrs. L. Hegel, Miss Alice Jack, 
Peoria, Ill.; Mr. and Mrs. R. I. Ed- 
wards, Miss Ruth H. Edwards, Cam- 
bridge; Miss Helen Marsh, Miss 
Clara Marsh, New York City; N. O. 
Porter, Newton. 
