40 
w. C. LANGLEY & CO. 
WEEKLY MARKET LETTER 
83 State Street 
THE OCEANSIDE HOTEL, MAGNOLIA 
Members of the New York and Boston Stock Exchange 
NORTH SHORE BREEZE 
BOSTON 
The advance in prices continued 
this week under the leadership of 
the copper and steel stocks. Crop 
reports continue favorable and 
many regions are already beyond 
any danger of possible damage. Of 
course frost may injure the corn 
crop in the northwest but this year 
has so far been phenomenally free 
from crop scares. Opinion varies as 
to which is of greater importance, 
the political uneertainties or the 
prosperity already assured to the 
country by bumper crops. in our 
opinion the prosperity is a certainty, 
and the dangers from political un- 
rest are only problematic. There- 
fore we still adhere to our previous- 
ly expressed views that the market 
will reach a much higher level be- 
fore winter. 
American Car & Foundry has ad- 
vanced somewhat this week but has 
not begun to discount the earnings 
that will come to it from the huge 
business already booked. In the 
last period of prosperity when its 
capacity was almost one third smal- 
ler its earnings were 22 per cent. 
clear on the common stock. 
The movement in coppers has 
gained momentum, and _ under the 
leadership of Anaconda and Amal- 
gamated most stocks have scored 
good advances. Calumet and Hecla 
increased its dividend besides pro- 
BEVERLY FARMS 
The Seandinavian Sewing circle 
will meet at the home of Mr. and 
Mrs. Osear Hakanson, Everett St., 
next Thursday evening, August 
29th. They will be addressed by 
Miss Katherine P. Loring. 
M. A. MCLAUGHLIN 
GOWNS 
of 607 Boylston St., Boston, is at 
MANCHESTER-BY-THE-SEA 
for the Summer. Address: 
34 Norwood Ave. Opposite Primary School 
THE COMFORT SHOP 
Annie L. Rudd 
Hairdresser, Manicure, Scalp and Facial 
Massage, Chiropody, Hair Work. 
Superfluous Hair, Warts, Moles permanently removed 
Endicott Building 163 Cabot Street 
Tel. Connection Beverly, Mass. 
by what is 
viding for the retirement of $1,000,- 
000 worth of its notes. This action 
sometimes called our 
‘‘Premier Copper Company’’ is ex- 
tremely significant. Calumet and 
Arizona. although it did not increase 
its dividends has risen some points 
and will undoubtedly go much 
higher. A company that can pay 
$2,000,000 for a smelter out of earn- 
ings besides $2,400,000 in dividends 
and have $1,300,000 to carry to sur- 
plus at the end of the year is cer- 
tainly well worth owning. 
Locally the Boston market had 
few special features outside of 
North Butte which suddenly became 
active at rising prices without a 
reason for the movement. It is 
quite probable the mine may be 
worth its present price, and thet it 
may find rich ore again at ‘Jepth, 
thus repeating the experience of 
some of the adjoining mines. But 
accurate information cannot be ob- 
tained as to any developments trom 
authoritative sources, therefore we 
would prefer to watch its market 
gyrations from a safe distance. Isle 
Royale was quite well bought and 
made a new high price on news that 
the management has been satisfied 
of the existence of the Kearsarge lode 
on the property and have decided 
to sink a shaft on that part of their 
territory. 
Rapid progress is being made by 
the young Italians who are being 
taught English in the English class 
how under way at the Baptist 
church, Beverly Farms. The class 
meets Monday, Tuesday, Thursday 
and Saturday evenings. The minis- 
ter is assisted by John L. Chapman, 
Willis A. Pride, George and Sewall 
Day and James B. Dow. The school 
department of the city of Beverly 
have loaned them the text books 
that are being used. The class will 
meet as usual next week. There 
will be an illustrated stereopticaa 
lecture on ‘‘Sunny Italy’’ next Sat- 
urday evening, August 31, which 
has been arranged by Miss Louisa P. 
Loring of Pride’s Crossing. 
Rey. Carl Reilander will preach at 
the 8 and 10 o’clock service on#un- 
day at the St. John’s Episcopal 
church, 
MANCHESTER 
Miss Nellie Hobbs is enjoying a 
vacation from her duties with Wil- 
liam Radford Tobacco Company, 
Salem. 
Miss Dorothy Foley is in Nova 
Scotia for a visit of a few weeks. 
She is with her aunt at Yarmouth, 
and will not return until the middle 
of September. 
Burgess—Hayward 
Last Saturday morning Miss Ruth 
Winnifred Hayward of Manchester 
and Mark Newell Burgess of Rum- 
ford Centre, Maine, were united in 
marriage at the Methodist parson- 
age, Beverly, by Rev. A. F. Reimer, 
Mr. Burgess is a business man of 
Rumford Centre and Miss Hayward 
is a Manchester girl, who has made 
many friends in town _ since last 
year, when she first came here. Mr. 
and Mrs. Burgess will make their 
home in Rumford Centre, Maine. 
Sacred Heart Church Holds Lawn 
Party. 
Wednesday evening the Sacred 
Heart church, Manchester, held its 
annual lawn party at the grounds of 
the church, School street. The 
weather was fine and a large num- 
ber attended. The grounds were 
lighted by Japanese lanterns and, — 
with the well arranged booths, pre- 
sented a pretty sight. 
chestra, Magnolia, furnished music. 
Alexander Gillis entertained the 
crowd with his bag-pipes. Dancing 
was enjoyed. Perhaps one of the 
most interesting features of the lawn 
party was the clever scenic produc- 
ton, ‘‘A Trip to Killarney,’’ which 
depicted in minature a striking and 
realistic facsimile of the famous 
Irish lakes. The distant sunset, the 
towering hills, the historic ruins and 
Kate Kearney’s cottage were repro- 
duced with vivid reality. The elee- 
tric effect added much to the true 
likeness of historic Killarney and 
the entire production reflected 
great credit on our _ towns- 
man, John F Ryan, who is employed 
at the Ralph Henry Barbour estate. 
A large sum of money was realized. 
The choir table where candy was on 
sale was in charge of Miss Evelyn 
Guinivan; parish, or miscellaneous 
table in charge of Mrs. Coughlin 
and Mrs. Murray; Manchester Cove 
table, Miss Sarah Curran and Miss 
Katherine Buckley; Smith’s Point, 
Miss Bridget MacMahon and Miss 
Bessie Drake; West Manchester, 
Miss Delia Walsh and Miss Joseph- 
ine Lane, 
tty he it es te ee ee 
Chane’s or-. 
