This quarry was "in the town of Vinalhaven, on the west side, opposite Leadbetter Island." The operator was Bodwell Granite co. of Rockland, Maine. Granite from the quarry was reportedly identical with that of the Sands Quarry, except it was a little more of a pinkish buff with a slightly greenish tinge. Transport of the granite was by rail 700 feet to the wharf, "where the blocks (were) taken on schooners either to the cutting sheds at the Sands quarry or directly to market."

The Palmer or Wharff Quarry opened in 1896. In 1905 the quarry measured about 500 feet square and had an average depth of 25 feet. "The quarry (was) on the west side of a ridge 100 feet high." The quarry was idle in 1922.

Granite from this quarry was used mainly for bridges and buildings. The waste was made into paving blocks. This quarry, in addition to the Sands Quarry, provided granite for the New York customhouse.

Granite from this quarry was used the following examples: the Chicago & Northwestern Railroad station in Chicago, Illinois; the State Savings Bank in Lansing, Michigan; the West Street Building (two stories polished), the United Realty Building, 115 Broadway, and 97 percent of the main piers (above foundation) of the Hell Gate Bridge in New York.