Show MOTORISTS HIT BY ADV Oil RATE I I Rockefeller Company Puts Out New Schedule NEW YORK May H 11 Motorists 11 Motorists are th the latest te victims of advancing v prices Ic 1 ac I The Standard a Oil company of New w York announced that the price of gasoline gasoline gaso gaso- line to garages would be raised to 30 cents a ag gallon lion llon an increase e of ot 1 IVi cents cent I while Independents were reported to be quoting gas as high as 32 cents This it was was' said would mean that the retail price would be at least 34 cents Today's advance brings advances since January 1 to 22 per cent But price advances for oil products I w were re not confined solely to gasoline Prices on virtually all o oil i products continued continued continued con con- to to torise rise based on an extension of the long sustained demand Reports to to the financial district from the Middle West Vest and Southwest indicated further upward revision of price schedules sched sched- schedules ules for practically all grades of crude and refined products u An authority r In the oil trade was quoted quoted quoted ed in effect as declaring that the do domestic do- do supply of of oil is far below demand and that the requirements of ot motor carand cars car and trucks in parts parts' of ot the United States call for for about about 85 per cent of the present production 1 lon |