THE PRICE OF PETROL.
INCREASE IN AUCKLAND.
A TEMPORARY MEASURE. .
SUPPLY DIVERTED FROM NAPIER.
The price of petrol in Auckland has been increased this week from 3Cb to 37s 6d a case. The reason is that the only petrol available is a shipment of 8000 cases that was -consigned to Napier, and the increased price was sanctioned in .order to cover the cost of transhipment to Auckland, leakage allowance and commission on handling.
Referring to the matter yesterday, the representative of the .board of Trade, Mr. H. M. Patrick, who is acting as secretary to the Auckland Petrol Sub-committee, stated that the petrol was some that was bought when the exchange rate in America was extremely low. It was a class of benzine that was always retailed at Is a case more than any other brand, and 37s 6d was a legitimate price for it. When the consignment was exhausted, as it probably would be in a few days, the ordinary price of 30s, which had been in operation for five weeks, would be reverted to. ■
Mr. Patrick added that the outlook in regard to. supplies of benzine was hopeful.
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Bibliographic details
New Zealand Herald, Volume LVII, Issue 17428, 25 March 1920, Page 4
Word Count
190THE PRICE OF PETROL. New Zealand Herald, Volume LVII, Issue 17428, 25 March 1920, Page 4
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