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Medford Historical Society Papers, Volume 6., chapter 2 (search)
had, on Mystic avenue, a factory for making fur (commonly called beaver) hats, of which the product some years had been about ten thousand, valued at about $40,000. But soon after the time of which we write, that department of industry was entirely ruined by the growing popularity and sale of the silk variety which, having been then a few years upon the market, obtained and held undisputed sway till a new style, with low crowns, was set by Kossuth on his visit to the United States in December, 1851. In 1837 George L. and Henry L. Stearns commenced, on Union street, the manufacture of linseed oil from seed purchased in Calcutta. In one year they made 13,500 gallons from 7,300 bushels of seed. January 30, 1849, Loss, $12,000; insurance, $8,000. Boston Post, February 1, 1849. their factory was burned and never rebuilt. Its tall chimney was afterwards moved intact across the branch canal to the shipyard of J. O. Curtis, where it now stands, minus a few of its top bricks. The