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FIXED PROFIT ON PETROL.

An order has been made by the British Board of Trade under the Defence of the Realm Regulations limiting the' retail price of all grades of motor spirit to. 15 per cent, or a maximum of 5d per gallon above the cost of the spirit to the retailer. For some time the price of motor spirit has been limited to 15 per cent, above the wholesale price, but as the wholesale price .increases the lo por cent., in the absence of'such an order as that now issued, would -provide an excessive profit to the retailer.. The new order came into force on Ist March, from which date-the retailer was strictly limited to a profit of 5d per 'gallon above the cost to. him, no matter to what extent such, cost might increase.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19180613.2.93.6

Bibliographic details

Evening Post, Volume XCV, Issue 140, 13 June 1918, Page 10

Word Count
136

FIXED PROFIT ON PETROL. Evening Post, Volume XCV, Issue 140, 13 June 1918, Page 10

FIXED PROFIT ON PETROL. Evening Post, Volume XCV, Issue 140, 13 June 1918, Page 10