"The “Connecticut”, 57 gross tons owned by Katherine S. Bindloss of New London, Conn. was built in 1946 [by Southwest Boat Corporation]. This vessel foundered Sept. 29, 1948, West ¼ North, 3 ¾ miles from Gay Head Lighthouse." - "Boatbuilding During World War II: MDI, Ellsworth, Stonington and Bluehill" by Ralph W. Stanley, p. 11 - 1997.
The round deck house in the stern of the boat was probably an enclosed shelter deck for shucking scallops.