PETROL PRICES
WELLINGTON RETAILERS’ DIFFICULTY. (By Telegraph —Per Press Association) ' , WELLINGTON, August 11. No reduction in the retail price of petrol is being made here, according to a statement issued by the Petrol Section of the Wellington Motor Trade Association. Explaining why the rebate of Id per gallon by the wholesalers is not being passed on to the public, the Association says that, in November last, the retailers reduced the price by Id without receiving a commensurate reduction from the main oil Coys. Many of the stations found it difficult to carry on ait , this price, with an altered trading system recently introduced by the Coys., whereby the credit terms were reduced to a half monthly basis. Therefore, the retailers find it impossible to pass on the recent reduction made in the wholesale price. Some service stations, however, are advertising a reduction.
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Hokitika Guardian, 12 August 1931, Page 6
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142PETROL PRICES Hokitika Guardian, 12 August 1931, Page 6
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