The demand for sawn timber was at present considerably larger than the normal capacity of the mills, The reconstruction of the mills, which were destroyed by fire in 1934, was completed towards the end of the year. The engineering works had been fairly well employed and earned a small profit, As io the current year's outlook, it was perhaps too soon to speak with any confidence, but they had felt justified in still further increasing their output of timber, and up to now had been able to dispose of it without difficulty. If the present satisfactory state of their continued throughout the yea had good hopes of presenting a satisfactory report next year.
The report and accounts were adopted
Text read from the printed page and cleaned; old type leaves the occasional error.