Show The iVutionut Rir2 > cd Wire SooJ I CHICAGO July mJhe committee appointed appoint-ed by the barbed wire manufacturers at their meeting Tuesday to arrange the details de-tails of a proposed pool submitted its report yesterday It recommends tho organization of a National Barbed Wire Fence Company with a capital of 2000000 divided into 20 000 shares of 100 each the organization to be accomplished under the charter issued to a similar committee of manufacturers on December 27th 188J The proposed company com-pany will lease the works of several members mem-bers and officers and the directors will have complete charge of the output as well as prices Members of the stockholders committee reported that it would be necessary to Ian I-an agreement to be signed by the manufacturers I manufac-turers before perfecting the proposed organization or-ganization to enable the committee to draft the instrument The meeting adjourned for one week It is expected that all manufacturers of barbed wire in the United States will sign the agreement A majority of them attended i j at-tended the meeting yesterday and signified a willingness to enter into the proposed pool The new company will probably bin j operation by September 1st t |