Show WOOLEN MILL TRUST New Combine Has a Capial of Fifty MiIons I + i MANY MILLS TAKEN IN I t TEN MILLIONS SUSCRD I WITH MUS Company Will sell Its God Direct Itd of Trough Commission HouePolcy of te New W ky Trtba Tobacco Com biePposed Laundry Trust t New York March 4The American Woolen company which ha just been organized by the woolen manufacturers who have combined their Interests for obvious reasons promises t develop successful The preferred stock of the company is to be 20000000 with authority to Increase It to 5COOOOO The common stOck trill amount to 30 000000 hIdli way be inCreased to 10 000000 The officers or the companY are Frederick Ayer Lowen Mass president presi-dent W 1 Wood Boston treasurer W P Chapin Lawrence manufacturing manufactur-ing agent J C Ycodhul New Yor selling agent The executive committee commit-tee is composed of James Philips of I Boston Charles Fletcher of llyidence R I and liam W Wood of Boston I Among the companies interested In I the new e terdse are the Washington company of awrence Mass the Ely erside Worsted company of Providence n I alt ofCharles Fletchers Interests and those of James Philips jr A great many oUler were heard from today and judging from the manner in whiph the subscriptions arc coming in the list wm be subscribed Within ten minutes min-utes after the opening of the list 10 COOUOO was subscrIbed in blocks or hal a million and a million dollars The company wilt sell Its goods direct and not through any commission house and In this way a considerable saving is assured |