ELTHAM.

Hawera & Normanby Star, Volume LXII, Issue LXII, 2 August 1911, Page 5

ELTHAM.

IFROM OCR OWN CORRESPONDENT.]

Fears have been entertained by some people here that the Egmont Box Company was likely to transfer its business from Eltham to Ohutu, where they have large bush rights, and where they are erecting a factory. "V\?hilst, however, the company will transfer some of its business to Ohutu, the Eltham factory will still be kept up to its full capacity. Indeed, the Box Company has recently bought and taken possession of the yard and premises adjoining its present property, and which was occupied by the New Plymouth Sash and Door Company, the increase in the business here necessitating further extension of premises.

The directors' annual report will show that after allowing £1,366 for depreciation on buildings, plant, and leasehold, there remains a balance of £1,631 to be dealt with. The directors recommend a payment of 6 per cent, per annum on the paid-up capital, absorbing £1,166, the balance to be carried forward. The directors, after referring to work done during the year, mention that they have acquired a considerable amount of milling bush. Major Young, of the Government Veterinary Department, was in Eltham on Tuesday conferring with Messrs Jacob Marx and H. D. Forsyth, regarding the utilising of the offal at the works of the Bacon Company. It is expected that the company will be able to convert this produce into manure in the near future.