PRICE OF PETROL
POSITION AT DUNEDIN
(By Telegraph.) (Special to "The Evening Post.") .' DUNEDIN, This Day. ■ Petrol prices are now 2s Id- and 2s at service stations which have all along charged ruling prices, but at retailors who have been indulging in price-cutting the prices aro Is lid for first grade and Is lOd for second grade. To those reliably informed as to the landed cost of petrol in. the Dominion the retail price is altogether too high, and a searching investigation by a Royal Commission would be welcomed by motorists and transporting firms. At the cut prices a number of the retailers are more than satisfied with their returns, as they contend than tho 3d a gallon profit at the pumps is too high for merely pumping petrol into motorists' tanks. The price-cutters have found that their increase in trade has more than compensated them for their reduced profit per gallon. It is generally felt that distribution costs havo made the price of petrol too high in New Zealand, and oven those in the trado confess that thoro aro far too many petrol stations. The amount expended in pump equipment.' in New Zealand reaches a staggering sum in capital outlay and maintenance.
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Bibliographic details
Evening Post, Volume CXII, Issue 90, 13 October 1931, Page 11
Word Count
203PRICE OF PETROL Evening Post, Volume CXII, Issue 90, 13 October 1931, Page 11
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