Show woolen combine assured new york march 9 F S smathers company announce that they have received subscriptions for more than the amount offered of the american woolen co stock the american woolen co Is a corporation formed with a capital sack of seven per cent preferred and common of which at present only preferred and common are to be issued the mills to be owned by the company arc is follows washington mills lawrence mass riverside malli providence national providence mills providence saranac mills providence blackstone mills it I 1 fulton mills dawe son falls N Y baell mills fatch burg mass worsted mills fitchburg mass and valley worsted mills providence these mills are valued at and of the proceeds of the eale of preferred stock and common Is retained by the new company as a working capital the company therefore has assets plants cash 10 against which there will be Is euca only of preferred stock |