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CONTROL OF PETROL.

BOARD OF, TRADE'S SCHEME , y " ' I DUNEDIN, July 12. The members of the Board of Trade leave Dimedin tomorrow morning for UimWlimch, wliQiq thp\ vail sit foi fluce.flflis. ."The price of mill atol Hip, i staiulauKihon of boots wnl '-rcec \e i Hip r wm.ioil \\\i\ 10l '»< iiie i' Pliiistelmrch • liiteiumud' rejecting the new scheme foiillie ( eontiol of pctiol, the' membcis of tlic Board stated tlm 1 the full leguUUoih would piobably, be Srixottcil this, week They stated tint the laige mipoiling companies hid loyally observed the agicement cnluul into, And hid not inticiM.d then piiceo i without the Bo.rd'b consent < Despite' the fait that statistics should thitiibe I import of explosive oils into Hie Do . minion \k is well ,ibo\c the average, con tuiual tomplamth were made tliiit gra\e j shortages existed; and the retail prices' were frecently advanced,> reaching" in , some localities,as high as 50s pci cisc, I whilst 42s pei cw (the wholes!? pnee of which uns 2 n 'S Rd ipn'oumileTy 245) wis frequently paid As n conse quencej the Board arranged with the large companiesj'q'control distribution, and to give'profflfncP'of'supplies JO 1 ] essentnl users! but ns iPhil prices eon r finned to fliiejiiiftfe/and'thoie wns pvi dencc of'hoarding, bothHn ict.ul dis. fnbutor? and ljjwconsumers/the Board recommended Government to cOn I trol the trifle by iegulari6ivs,gi7ettpd' imdci the*\VarlHpgiihtions' l Act ) -iiul lo l fix fhc maximum letml puce TJicic, is 1 nothing to pievont 'anjoiic soiling pupes linn s 'those' i peilnl flffen( p foi j anune ui|dcr the icgilhtions tcoidor oi ohtflml possesion of 'a 'qiuniih) of pptiol'whjch exceeds his'atalnge i'oni i woolclv iQqmioirients,{an(l an}' Holde- at J pioi.Pii{ sjonng petlol * ill'be penalised ' 1 iindei tlfe legiilntions ifoi obhining supplies, in excess of pssential faquiie I mcntVfoi 1 a foiiiMieekh penod Tt is I expecf&l is a tesult Of the onntiol 'that j Micro will he imple petrol supplies*not j only foi essential risers bnVfoi those' I using then own eirs foi and ' pleasme puiposes, Bmmg the fKe'moiiths of Hip jem, despite the shoitnge'of shipping'space, more petrol lias been imported into the Dominion than during any'hke period' ill previous years, and the Board con siiler that foi Ihe ipmiinlng months'of the' year, pi oviding 'nothing' unforseen happens; supplies^wil( come steadily to haild. j> * ' " i (

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NOT19180715.2.6

Bibliographic details

North Otago Times, Volume CVI, Issue 14173, 15 July 1918, Page 2

Word Count
380

CONTROL OF PETROL. North Otago Times, Volume CVI, Issue 14173, 15 July 1918, Page 2

CONTROL OF PETROL. North Otago Times, Volume CVI, Issue 14173, 15 July 1918, Page 2