Salt Lake Telegram | 1923-08-15 | Page 2 | Gasoline War Has Spread to Seaboard Area

gtiSou;:eiv:ji has sphead to seaboard area New England State Benefited Ben-efited by Price Cut but . Figures Have Not Yet Reached Prewar Levels o-ffEW TORK. Aug. IS (By A. P.) The gasoline price cutting war under way for aavaral days hi Midwestern Mid-western and Southern states, where retail prices were reduced In some states I.I cents a gallon, spread today to-day to tha entire Atlantic are board. Led by tha Standard OU 'Company 'Com-pany of New Jersey, (but large oil companies announced cuts ol 1 to I cents gallon In tha tank wagon 35? Ice of gasoline. . . The wholeeale price, after' the re-Auctions, re-Auctions, .will average lit cents a gallon and the retail price II centa. ,Cuta announced today, wara ef-fw-tlve In New England. New York, fcaw Jersey, North and Bouth Caro- rna., Virginia,. Mryuipd,.pitrlct of Columbia and West Virginia. The cuts do not bring prices In Te see board atatea to the prewar T.l of It cents a gallon, aa has been thd case In Weatern and eoMlhera states, bul further reductions reduc-tions are expected If the price of rrude oil drops, aa predicted in biany quartera. GASOLINE CONSUMER 6 AVE MILLION DAILY, . -CHICAGO. Aug II The gasoline war In twelve Jdldweetern states, vhere prlcea hava been reduced I.I tfunts a gallon, la savins consumers about ll.MO.eo dally. It. was esti-rw esti-rw ted by both Independent dealers enM the Standard OIL Moat Independent dletrlbutors have abandoned their reluctance to cue more than I cents a gallon and hwo met the Standard OU reduo t on of I.I centa. Blnce tha Stan-d Stan-d sd'e announcement a steady t teem of motortets snd other gasoline gaso-line users heo poured through filling fill-ing stations, laying In huge storage S'lPpliee aa a pretaulloa agelnat the "ar" being called off shortly. 1