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we are to have some hard problems to solve as many of the Factories are very short of business and will ask for reductions in their assessments  the Sto Rubber are to leave this summer and close down all work we hardly know where we are with so little. New to get to help us out and we cannot add to Real Estate which has been on the decline in value for the last year the Middleboro has cut their dividend fr [[from]] 5 1/2 to 5 1/4 as many others later will we have all ways [[always]] paid 5% save we will not have too. Glad you sent card to Worcester

Pa