NATIONAL RECOVERY ADMINISTRATION 

CODE OF FAIR COMPETITION 

FOR THE 

PETROLEUM INDUSTRY 

AS SUBMITTED TO THE ADMINISTRATOR AND 

APPROVED BY PRESIDENT ROOSEVELT 

ON AUGUST 19, 1933 

REGISTRY No. 711-1-21 

' A • 

WE DO OUR PART 

I • 

~ --- ... 

UNITED STATES 

GOVERNMENT PRINTING OFFICE 

WASHINGTON : 1933 

For sale by the Superintendent of Documents, Washington, D. C. - - - - - - Price 5 cents 
1. Executive Order 

2. Letter submitting code to the President 

3. President's Letter to National Recovery Administrator Johnson 

4. Text of Code 

(n) 
EXECUTIVE ORDER 

ConE OF FAIR CoMPE-TITION FOR THE PETROLEUM INDUSTRY 

An application having been duly made, pursuant to and in full compliance with the provisions of Title I of the National Industrial Recovery Act, approved June 16, 1933, for my approval of a Code of 

Fair Competition for the Petroleum Industry, and hearings having 

been held thereon and the Administrator having rendered his report 

together with his recommendations and findings with respect thereto, 

and the Administrator having found that the said Code of Fair Competition complies in all respects with the pertinent provisions of Title 

I of said Act and that the requirements of clauses (1) and (2) of subsection (a) of Section 3 of the said Act have been met: 

Now, Therefore, I, Franklin D. Roosevelt, President of the United 

States, pursuapt to the authority vested in me by Title I of the N ationa! Recovery Act, approved June 16, 1933, and otherwise, do adopt 

and approve the report, recommendations, and findings of the Administrator and do order that the said Code of Fair Competition be 

and it is hereby approved. 

(Signed) FRANKLIN D. ROOSEVELT. 

Approval Recommended: 

(Signed) H u~H S. JOHNSON, 

Administrator. 

THE WHITE HousE, 

August 19, 1933. 

(1) 
THE ADMINISTRATOR, 

National Recovery Administrator, 

Washington, D.C. 

THE WHrTE Hou .. ~<: 

A11gu·i 19,1938. 

DEAR GENERAL JoHNSON: In ubmitting thi propo ed petroleum code to me, 

one substantial group within the industry has al o submitted some propo ed 

amendments agreeing, however to abide by my deci ion a to their acceptance. 

You have advised me that there are some other provi ion of the Cod which 

require further consideration. 

The Code, as agreed to by all its proponents, provides for a rcpre entativ 

Planning and Coordinating Committee of the Indu try. In view of th fact 

that we shall thus soon have a self-o-overning indu try under federal upervi ion it 

has seemed advisable to me to approve the Code exactly as ubmitt din the u ual 

manner and then to call for the advice of the Planning and Coordinating ommittee to the end that, prior to the effective date of the Code I rna· made a 

deri ion on the e que tion and on the provi ion "·hich you fe 1 h uld be further 

con idered. 

In accordance with Article VII, ection 2, will ou plea e r qu t ach of the 

various group who have participated in h aring and in sul qu nt c n iderati n 

of the Code, now to make the nomination form rnber hip on th 

Coordinating Committee. 

Very truly, 

FRANKL! r D. Roo EYELT. 

(2) 
THE PRESIDENT, 

The While House. 

NATIONAL RECOVERY ADMINISTRATION, 

Washington, D.C. , August Nineteenth 1933. 

MY DEAR MR. PRESIDENT: I have the hqnor to submit and recommend for your 

approval, the Code of Fair Competition of the Petroleum Industry. The Code 

has been approved by the Labor Advisory Board, the Consumers Advisory 

Board and the Industrial Advisory Board. 

An analysis of the provisions of the Code has been made by the Administration 

and a complete report is being formulated for transmission to you. I find that 

the Code complies with the requirements of clauses 1 and 2, subsection (a) of 

Section 3 of the National Industrial Recovery Act. 

I am, my dear Mr. President, 

Very sincerely yours, 

Enclosure. 

(Signed) 

(3) 

HuGH S. JoHNSON, 

Administrator. 
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J\ CODE OF FAIR COMPETITION FOR THE PETROLEUM 

INDUSTRY 

PREAMBLE 

To meet the emergency in the petroleum industry; to increase 

.employment, establish fair and adequate wages, enlarge the purehasing power of persons related to this industry and improve standards .of labor; to conserve the Nation's petroleum resources and to prevent 

physical and economic wastes which demoralize the national market 

to the detriment of consumers and producers and to restrain and .avoid recurring abuses in the production, transportation and marketing of petroleum and its products which directly obstruct the free 

flow of interstate and foreign commerce by causing abnormal and 

disturbing temporary fluctuations in the supply of petroleum or its 

products that are not responsive to actual demand and prices and ·disrupt the normal flow of interstate commerce in petroleum and its 

products; and to prevent the growth of monopoly resulting from unfair competitive practices; and to protect theN ation from an unneces-

:Sarily wasteful depletion of this natural resource essential for the 

national defense and safety and the continued functioning of the 

Nation's transportation facilities that are dependent for operation on 

.an adequate and economic supply of petroleum and its products and 

to accomplish and effectuate the policies set forth in the National 

Industrial Recovery Act, this code of fair competition governing the 

petroleum industry is adopted. 

ARTICLE I-GENERAL 

SECTION 1. The provisions of this code shall become effective two 

weeks after approval thereof by the President. 

SEc. 2. The term "American Petroleum Industry" includes the production, transportation, refining, and marketing of crude petroleum 

:and its products; and is inclusive likewise of natural gasoline and the 

production of natural gas in conjunction with petroleum. The term 

.it person" shall include natural persons, partnerships, associations, 

trusts, including trustees in bankruptcy and receivers and corporations. The word "President" shall mean either the President or any .agent, employee, or agency empowered by the President to act in his ·stead. 

SEc. 3. Such of the provisions of this code as are not required to be 

included therein by the National Recovery Act, may, with the .approval of the President, be modified or eliminated as changes in cir- •Cumstances and experience may indicate. 

SEc. 4. This code is hereby declared subject to the right of the 

President from time to time to cancel or modify any order, approval, 

license, rule, or regulation issued under Title I of theN ational Indus- .trial Recovery Act. 

(5) 
6 

SEc. 5. Agreements between competitors within the industry or 

the purpose of accomplishing the objectives of this code, or any of 

them, or for the purpose of eliminating wasteful duplication of manufacturing, transportation, and marketing facilities are hereby expressly permitted, but such agreements shall not become operative 

until specifically approved by the President, and suitable public 

notice shall have been given of such agreements. Such agreements 

may at any time be disapproved by the President and upon such disapproval they shall cease to be valid. 

ARTICLE II 

SECTION 1. In drilling, production, refinery and pipe-line operations, the maximum hours for clerical employees shall not exceed 40 

per week and the rate of pay for each geographic division shall not 

be less than the minimum stated in Section 2. All other employees 

in these operations, except executives, supervisors, and their immediate staffs and pumpers on "stripper" wells located so a to make 

relief impracticable, shall work not more than 72 hours in any 14 consecutive days, but not more than 16 hours in any two days. 

To establish geographic divisions for the petroleum industry, the 

geographic divisions as shown by the United States Department of 

Labor, Bureau of Labor Statistics wage reports (October 1929) have 

been adopted. The minimum hourly rates for the employees above 

specified, other than clerical, in each of the e geographic divisions 

shall be as follows: 

52 

52 

4 

45 

45 

48 

50 

52 

1 For refinery and pipe-lin work in tat o mark d, not mor than t n p rc nt. orutitutlng common lab r only, of th total number of employ in any plant or op r tion m be p id nt not I · thnn percent of this minimum rat . 
7 

Minimum rate 

Middle Atlantic Division: per hour (cents) 

New York, New Jersey, Pennsylvania ___ __ ________ __ __ __ _______ ___ 47 

New England: 

Maine, New Hampshire, Vermont, Rhode Island, Massachusetts, Connecticut________ ____ __________ ____________ __ ______ _______ _____ 47 

East North Central: 

Ohio, Indiana, Michigan, Wisconsin, Illinois ____ ____ __ ____ _____ ___ __ 4 7 

West North Central: 

Minnesota, Iowa, Missouri, North Dakota, South Dakota , Nebraska, ICansas___________ ____ __________________________ _________ ____ 42 

South Atlantic: 

DelaV\ are, Maryland, District of Columbia, Virginia, West Virginia, North Carolina,2 South Carolina,2 Georgia,2 Florida 2 _ _ _ _ _ _ _ _ _ _ _ _ _ _ 40 

East South Central: 

ICentucky, Tennes ee, Alabama, 2 Mississippi 2 _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 40 

West South Central: 

Arkansas,2 Loui iana,2 Oklahoma, Texas 2------ - ---- ---------------- 40 

Mountain: 

Montana, Idaho, Wyoming, Colorado, New Mexico, Arizona, Nevada, Utah_________ _______________________________________________ 45 

Pacific: 

Washington, Oregon, California____ ___ ___ __ ____ ________ __ _________ 47 

SEc. 3. No filling or service station employee, nor any employee of 

any garage or other institution selling gasoline to the public shall 

work more than 48 hours per week. Nor shall any such employee 

receive less than $15.00 per week in any city of over 500,000 population or in the immediate trade area of such city; nor less than $14.50 

per week in any city between 250,000 and 500,000 population, or in 

the immediate trade area of such city; nor less than $14,00 per week 

in any city of between 2,500 and 250,000 population, or in the immediate trade area of such city; and in towns of less than 2,500 population such employees shall receive wage increases of not less than 20 

percent: Provided, That this shall not require wages in excess of $12.00 

per week: And provided further, That no employee shall receive a 

smaller weekly wage for the shorter work week than was his weekly 

wage on July 20, 1933. · SEc. 4. It is the purpose of the labor provisions of this code that 

all employees engaged in similar work in each of the geographic divisions shall be placed on the same basis of hours and receive at least 

the minimum earnings provided for each class of work in the industry. 

To effectuate this purpose, the differentials between the rates for 

skilled jobs and the minimums established in this code for common 

labor will not be less than those existing in the industry in each geographic area on July 1, 1929; but in no case will such differential for 

First grade refinety stillmen be less than 45¢ per hour or for rotary 

drillers less than 75¢ per hour. 

SEc. 5. Every person subject to this code shall insert a provisjon 

in all contracts made by him for work within the industry, whereby 

the contractor agrees that his employees, or those of any subcontractor, shall receive the rates designated by this Code for each respective 

class of work and shall not work in excess of the schedule of hours in 

this Code. 

SEc. 6. On and after the effective date of this Code the employer 

in the Petroleum Industry shall not employ any person under the age 

of sixteen years. 

2 For market operations in States so marked, not more than 10 percent, constituting co=on labor only, of the total number of employees in any plant or operation may be paid at not less than 80 percent of this 

minimum rate. 

8906-33-2 
8 

SEc. 7. Employees in this industry shall have the right to organize 

and bargain collectively through representatives of their own choosing, 

and shall be free from interference, restraint, or coercion by employers of labor, or their agents, in the designation of such representatives or in self-organization, or in other concerted activities for the 

purpose of collective bargaining or other mutual aid or protection. 

No employee in this industry, and no one seeking employment therein. 

shall be required as a condition of employment to join any company 

union or to refrain from joining a labor organization of his own 

choosing. Employers of labor in thi industry hall c mply with the 

maximum hours of labor, min.imu1n rates of pay, and other conditions 

of employment approved or prescribed by the President. 

SEc. 8. The provisions of this Code reo-ulating hours of labor and 

wages of employees, shall be deemed violated by any device or method 

by which employees, as recognized in the industry on July 1st, 1933, are or are attempted to be rernoved from such present recognized 

status of employees by means of drilling contracts, commission con- tracts, lease and agency, or any other agreement. 

ARTICLE III-PRODUCTION 
9 

petrolemn products in or affe ting interstate commerce out of said 

State to the extent necessary to effectuate the purposes of the National 

Industrial Recovery Act and/or he n1ay compile such quotas and 

recommend them to the State Regulatory Body in such State in 

which event it is hereby agreed that such quotas shall become operating schedules for that State. 

If any subdivision into quotas of production allocated to any State 

shall be made within a State any production by any person, as person 

is defined in Article I, Section 3 of this code in excess of any such 

quota assigned to him, shall be deemed an unfair trade practice and 

in violation of this code. 

SEc. 5. In any State in which no regulatory body or officer charged 

with the duty of allocating quotas within said State e:A'ists, and under 

the laws of which any person in any trade or industry within said 

State is required to comply with the terms of any Code of Fair Competition for such trade or industry approved under Title I of the 

National Industrial Recovery Act, the President n1ay designate an 

agency within such State to compile quotas within said State. Such 

compilations, upon approval by the President shall become operating 

schedules for the petroleum industry within said State. If any subdivision into quotas of production allocated to any such State shall 

be made within the State, any production by any person, as person 

is defined in Article I, Section 3 of this code in excess of any such 

quota assigned to him shall be deemed an unfair trade practice and 

in violation of this code; and, further, persons engaged in the petroleun1 industry or any branch thereof in any State may adopt a supplemental code, for that State to be effective when approved by the 

President, covering any matter relating to the petroleum industry 

not in conflict with the provisions of this code. 

SEc. 6. During such periods as the production of crude petroleum 

in any State is within the allocation to that State, as provided in 

Section 3, Article III, of this code, it shall be an unfair practice within 

that State to buy, sell, receive in exchange, or otherwise acquire 

Mid-Continent crude petroleun1 of 36°-36. 9° A.P.I. gravity during 

any calendar month at a price per barrel (to the nearest cent) less 

than that which will be determined by multiplying the average 

Group 3 tank car price per gallon of U.S. Motor gasoline of 60-64 

octane rating during the preceding calendar month as ascertained 

and declared by the Federal agency designated by the President, by 

the constant 18.5. The constant 18.5 represents the relationship, 

during the period 1928-1932, between the average price per barrel of 

Mid-Continent crude petroleum of 36°-36.9° A.P.I. gravity and the 

average Group 3 price per gallon of U.S. Motor gasoline of 57-65 

octane rating or 58-60 U.S. Motor gasoline. For crude petroleum 

of lower or higher gravity and/or different quality and/or in different 

locality, fair and equitable differentials between the price of 36°-36.9° 

Mid-Continent crude petroleum, determined as above prescribed, and 

the prices quoted for other crude petroleums shall be observed. Each 

company or individual purchasing crude petroleum shall file a certified copy of its price schedule and subsequent price changes with 

the Planning and Coordination Committee. Such contracts for the 

purchase of crude oil as were in existence on the effective date of this 

code shall not be affected by the provisions of this section during the 

period of the contract: Provided, That a certified copy of each such 
10 

contract is filed with the Planning and Coordination Committee 

within thirty (30) days of the effective date of this code. Such contracts, however, may not be renewed except with the approval of the 

Planning and Coordination Committee. 

(a) For a test period of not to exceed ninety days, the President 

may prescribe the base price of the gasoline described in Section 6 

of this Article to which said constant shall be applied and, at the end 

of said period the President may revise the formula set forth in said 

Section 6 or add such additional formulae relative to the wholesaling 

and retailing of petroleum and its products in such manner as in his 

opinion may be necessary to effectuate the purposes of the National 

Industrial Recovery Act. If and whenever the President shall prescribe a base price for gasoline then it shall be an unfair trade practice 

to buy, sell, give or receive in exchange or otherwise dispose of or 

acquire such gasoline at a lower price. 

SEc. 7. Wild-catting shall not be prohibited becaus the future 

maintenance of the petroleum upply depends on new di coverie 

and new pools, but the shipment of petrolemn or the products thereof 

in or affecting interstate commerce which was produced in a new 

field or pool which-is not developed in accordance with a plan appro ed 

by the President is unfair competition and in violation of thi code. 

For the purpose of this code a new field or pool is one discover dafter 

date of approval of this code and in which ten producing well have 

been completed. 

ARTICLE IV- REFINING 
11 

sources at competitive prices. In the event of such purchase from 

storage then it shall not be an unfair trade practice for the owner of 

storage oil to make such sale. 

SEc. 4. The storage of gasoline in amounts greater than is required 

to provide for the necessary fluctuations in working stocks and to 

meet the variation resulting from seasonal demand as determined by 

the Planning and Coordination Committee, is an unfair trade practice 

and is prohibited. 

ARTICLE V-MARKETING 

Rule 1.-The provisions of this Code relating to transactions of 

refiners di tributors, jobbers, or wholesalers with retailers and others 

selling or consigning petroleum products to consumers shall apply 

to all accounts, of any description, under which refiners, distributors, 

jobbers, or wholesalers sell their products or cause their products to 

be sold to consumers or to retailers, or to others selling petroleum 

products to consumers. 

Rule 2.-Whenever any merchant or vendor of any and all types 

of merchandise offers for sale at wholesale or retail motor fuels, motor 

lubricants, motor gasoline, or naphtha of a petroleum nature he shall, 

insofar as his business pertains to these products, be bound by the 

regulations of this Code. . 

Rule 3.-All refiners, distributors, jobbers, and wholesalers shall 

conspicuously post at each point from which they make deliveries, 

and at places there readily accessible during business hours to the 

public, all prices for which naphtha, gasoline, motor fuel lubricating 

oil, grease, kerosene, and heating oils are sold. 

With the exception of sales made directly by refiners, all such prices 

shall remain in effect for at least twenty-four (24) hours after they 

become effective. Refiners must post for twenty-four (24) hours the 

prices for all sales made the previous day. The posting shall include 

the following: 

The prices for all classes, types, methods, and quantities of deliveries, except those under previously executed contracts, being made 

from the place where the price is posted, a schedule of all discounts 

offered and the terms thereof and a statement of all terms as to freight 

rates and deliveries. If differ.ent prices are offered to different classes 

of buyers, such prices shall be separately posted. The posted prices 

shall include, among others, the prices for spot sales. When prices 

are posted for deliveries in tank wagons or tank trucks, the posting 

shall describe the area to which the prices apply. All sales shall be 

made at the posted prices applicable thereto, and no departure shall 

be made from the prices, schedule, or discounts or from the terms 

posted applicable to any such sale. 

All retailers, and others who sell consumers, shall conspicuou ly 

post at the place from which delivery is made, and at places there 

readily accessible during business hours to the public, one price at 

which each brand, grade, or quality of naptha, gasoline, motor fuel, lubricating oil, grease, kerosene, and heating oil are sold. All retailers 

and others who sell consumers, unless prevented therefrom by applicable law, shall separately post in the same manner all tax they are 

required to pay or collect because of the sale of naphtha, gasoline, 

motor fuel, lubricating oil, grease, kerosene, or heating oil. All prices 
12 

posted shall remain in effect for at least twenty-four (24) hours after 

they are posted. 

All sales shall be made at the posted prices applicable to the brand, 

grade, or quality of the commodity sold. 

Coupon books or other scrip of any nature, if used, shall e sold and 

redeemed at their face value without any discount. 

No one shall make any deviation from his posted price by means of 

rebates, allowances, concessions, benefits, scrip books, or any other 

device whereby any buyer obtains any naphtha, gasoline, motor fuel, 

lubricating oil, grease, kerosene, or heating oil at a net lower cost than 

the applicable posted price; except that commercial con umer may 

secure gasoline, motor fuel, and other oils, on contract quantity ba is 

under conditions established by the Planning and Coordination 

Committee. 

The provi ion of all previously xecuted then exi ting contracts 

regarding price will be available for inspection upon the direct reque t 

of any competitor, unless such reque t shall be made for the purpo e 

of unfairly obtaining information, in which event the deci ion wh ther 

such contract shall be made available shall be made by the authority, 

committee, or commission provided in Rule 4 of thi Article, or uch 

agency as it may designate. 

On a change in the posted price, no adjustments, allowan es, cr dit , or refunds shall be given to any buyer on deliverie already made. 

Abnormal deliveries in anticipation of price advance and acceptance 

of order for subsequent deliveries at prices eff ctive befor advances 

are prohibited. 

Rule 4-.-Re:fi.ners, distributors, jobbers, wholesal r , r tailer , and 

others engaged in the sale of petroleum hall not ell an uch r fin d 

petroleun1 products below cost of manufacturing or imp rtati n into 

the State where offered for sale, plus reasonable exp n es in th co t 

of marketing a ob erved under prudent manag ment, fix d tax and 

in pection fee by the Federal or tate Government, r an p liti al 

ubdivi ion thereof, provided, how ver, that any p r n i penni 

to meet competition in violation of this rul c ncerning whi h h ha 

made complaint to the Planning and C ordinati n n1nli te r 

any authoriz d agency thereof, but only p nding a ti n h r on. 

An authority, cmnmittee, r commi ion d l ga ed by th ati nal 

R ov ry Admini tration for uch urpo hall r c i mpl. int 

of violation f thi rule and make u h inv iO'ation an / r h l u h 

h arinO' a it d em n ary t d t rmin \\ h h r th pri 

plained f ar in vi lati n of thi rul . Rule 5.-Th ch dule of redit atta h h r t 

'B" i h reb~ ad pt d b th p tr l urn indu tr 

f r dit t b appli ab l to all d li ri m d af r h 

f thi d . Th gr n ing f a 1 nO' r t nn f r di r ]ar r r t 

of di un b an r r, di tribu r j bb r wh 1 al r r r ail r 

than that ll w d y thi h dul hall n ti ut nn unfair m h 

f 

r 

1n 

·liv dnl f 
13 

-products manufactured therefrom, the business thereof shall be so 

conducted that the several branches of this industry, viz; producing 

of petroleum, refining, and marketing of refined products may be 

carried on upon a profitable basis and that no one or more of the 

said branches shall obtain or receive excessive or disproportionate gain 

or profit therefrom to the exclusion of any other branch of this 

industrv. Rule~ 7.-Refiners, distributors, jobbers, wholesalers, or retailers 

shall not hereafter sell, lease, loan, or otherwise furnish to consumers 

of petroleun1 products or to anyone engaged in the sale of petroleum 

products at retail, any pumps, tanks, air compre. ors, greasing 

equipment or guns, lubsters, or other equipment or accessories 

(excepting only pump globes and the usual advertising signs, for the 

storage, display, vending, delivering, or consumption of petroleum 

products, except as otherwise provided in paragraph 3 of this rule. 

Notwithstanding the prohibition hereinabove contained, any cooperative society, association, or corporation of the type described in 

Rule 29 of this Article shall be permitted to purchase for cooperative 

distribution to any member or members thereof, equipment of the 

kind hereinabove described, intended for exclusive use by such 

member or members. 

If equipment of this kind, type, or description hereinbefore mentioned now in operation becomes damaged, destroyed, or worn out, it 

shall not be replaced by any refiner, distributor, jobber, or wholesaler. 

The equipment of the kind, type, or description hereinbefore mentioned, furnished, loaned, or leased before June 15, 19~3, by any 

refiner, distributor, jobber, or wholesaler to or installed with any 

retailer or consumer shall, at the expiration of any contractural 

relation, and on the request of such retailer or consumer, be sold by 

such refiner, distributor, jobber, or wholesaler to such retailer or consumer, or, in the absence of a sale of such retailer or consumer as 

herein provided, shall be sold by the refiner, distributor, jobber, or 

wholesaler, who has made the loan, to any other refiner, distributor, 

jobber, or wholesaler who is about to begin supplying petroleum 

products to such retailer or consumer, on the request of such other 

refiner, distributor, jobber, or wholesaler at the original invoice price 

plus actual cost of installation, less a depreciation of 15% per annum, 

but in no event at a price lower than that fixed in the schedule hereto 

attached, marked AppendL'>: "A". In the event of a purchase as 

herein provided by such other refiner, djstributor, jobber, or wholesaler, such equipment may be loaned, leased, or licensed to the 

retailer or consumer at such location by any new supplier subsequently acquiring title thereto. 

This rule does not apply to the sale of equipment by the manufacturer thereof where such sale is not conditioned upon the purchase of 

use of petroleum products. This rule does not apply to special eqwpment used in connectjon with the sale and distribution of propane, 

butane, and other liquefied petroleum gases. 

Rule B.-Refiner , distributors, jobbers, wholesalers, or retailers 

shall not construct repair, lease, loan, or furnish driveways, buildings, 

canopies, air com pre sors, grease lifts or pits, grease equipment, grease 

guns, air towers, light poles, flood lights, material for driveways, 

buildings, or canopies, or any other equipment of any character 

whatsoever in connection with service stations or the storage, display, 
14 
15 

Refiners, distributors, jobbers, or wholesalers may sell paint direc ~ 

to a.ny other refiner, distributor, jobber, or wholesaler. Nothing hereinabove contained shall prevent any cooperative society, association, 

or corporation of the type defined in Rule 29 of this Article, from buying paints for ' cooperative distribution to any member or members 

thereof, provided that the purchase or sale of such paints shall not 

be conditioned upon the purchase or sale of petroleum products. 

Rule 11 .-Except in such cases as constitute exceptions to the prohibitions contained in Rules 7 and 8 of this Article, refiners, distributors, jobbers, or wholesalers shall not lend, lease, or otherwise 

furni h any equipment of any character, whatsoever, except trademarked pump globes and other usual advertising devices, to anyone 

purchasing or receiving petroleum products by tank car, tank barge, 

truck train, or pipe line or to anyone selling petroleum products for 

resale or consumption. 

Rule 12.-When any pump, tank, or other device for the storage, 

display, consun1ption, handling, or sale of na.phtha, gasoline, motor 

fuel, or lubricating oil, bears the name, trade mark, or trade name of 

any person, firm, association, or corporation engaged in the manufacture or sale of any such commodity, no other person, firm, association, 

or corporation shall deliver into or deliver for sale from such pump, 

tank, or other device, or any tank or other container connected therewith, any naphtha, gasoline, motor fuel, or lubricating oil, other than 

that n1anufactured, sold, or distributed by the person, firm, association, or corporation whose name, trade mark or trade name is so 

affixed. No person, firn1, association, or corporation shall in an way 

knowingly be a party to the substitution of one grade or brand of 

naphtha, gasoline, motor fuel, or lubricating oil, for another. 

Rule 13 .-Refiners, distributors, jobbers, or wholesalers, shall not 

loan money to retailers or others engaged in the sale of petroleum 

products, or to consumers, for any purpose whatsoever and shall not 

extend any credit to any retailer or to anyone engaged in selling petroleum products to consumers except for merchandise sold for resale. 

Refiners, distributors, jobbers, or wholesalers shall not pay for or reimburse to any retailer or consumer, either directly or indirectly any 

property tax, privilege tax, license fee or tax, inspection fee or tax, 

chain-store tax, or any other charge, tax, or in1post levied or assessed 

by any taxing authority upon any retailer or consumer in connection 

with the operation of any pla.ce or facility for the sale of petroleum 

products, nor advance money for the same. 

Rule 14.-Refiners, distributors, jobbers, or wholesalers shall not 

pay rentals or otherwise pay for the privilege of displaying advertising 

on premises where naphtha, motor fuel, lubricating oil, grease, kerosene, or heating oil are sold. 

R,ule 15.-No refiner, distributor, jobber, wholesaler, or retailer or 

other person engaged in the sale of petroleum shall knowingly induce, 

attempt to induce, or assist a party to break a then eh.ri ting written 

contract for the sale of petroleum products or a then existing lease of 

the premises used for the sale of petroleum products between that 

party and another. 

No refiner, distributor, jobber, wholesaler, retailer, or other person 

engaged in the sale of petroleum products shall sell or deliver any 

naphtha, gasoline, motor fuel, lubricating oil, grease, kerosene, or 
lG 

heating oil to anyone knowing that such sale or delivery will violate. or prevent the performance of a then existing written contract between 

the person to whom the sale or delivery is made and another. 

No contracts in violation of this code are protected under this rule. 

Nothing herein contained shall preclude the sale or delivery of any 

naphtha, gasoline, motor fuel, lubricating oil, grease, kerosene, or 

heating oil to any person who justifiably refuses further compliance 

with any e.Aristing written contract. 

Rule 16 .-Lotteries, prizes, wheels of fortune, or other games of 

chance shall not be used in connection with the sale of petroleum 

products. 

Rule 17.-Except by permission of the Planning and Coordination 

Committee, refiners, distributors, jobbers, wholesaler , retailers, and 

others engaged in the sale of petroleum products shall not give away 

oil, premiums, trading stamps, free goods, or other things of value, 

or grant any special inducement in connection with the sale of petroleum products. 

Rule 18.-Except by permission of the Planning and Coordination 

Committee, gasoline shall not be sold or delivered from tank wagons 

or trucks to motor vehicles except in emergency cases. 

Rule 19 .- Pending decision by the Federal Trade Commission as 

to whether the lease and agency, lease and license methods of marketing of petroleum products constitute an unfair trade practice: 

(a) No new contract shall be written under either method, 

(b) Any such contracts now in effect shall not be renewed for a 

period exceeding one year, and the cancellation privilege shall be on 

notice not exceeding thirty days, 

(c) Provisions of rules 7 and 8 shall apply in all in tance to xi ting 

lease and agency and lease and license con tract , and to rene·wal , a 

above defined, 

(d) Insofar as lease and agency and lease and licen e agreen1ent 

are concerned, the provisions of Rule 15 shall not apply to oliciting 

the sale and purchase of petroleum products, and 

(e) Should the Federal Trade Commission fail to render a final 

decision on the validity of lease and agency and lea and lie n e: 

agreements within 60 days of the effective date of thi code th 

President, or agency designated by him, n1ay mak a final deci ion prohibiting such marketing methods, or authorizing then1 withou onclition or upon such conditions a he or it n1ay pre ribe · r th Pr ident or agency designated by hin1 n1ay, in hi or it di r tion 

temporarily prohibit the u e of su h n1ark ting rn thod p ndino- th 

d ci ion of the F deral courts, or he or it rna ten1p rarily auth riz 

such method p nding d ision of th omnlis i n and of th ourt 

either without condition or upon u h onditi n a h 

pr cribe. 

Rule 20.- R fin r , di tributor , j bber , r wh I al r 

s rvice or :fillin tation r it f r am and m( y fully 

ta tion r it and rna 1 <.l , p rat , r li en ~ u h ta t1 n r 

grant ali n t anyon t op rat u h ta i n f r th li tributi n 

f p tr I mn pr du t rnanufa tur d r ll y u h r fin r distributor, jobb r, r v h l al r, r u h r fin r di tri ut r j l r r 

wh l .., 1 r m y rnp1 y an ? n a ao- n f u h r fin r di tribul r 

j b b r, r w h I .., 1 r f r h al f p r I mn r d u th r n t . 
17 

Rule 21.-No one shall make any delivery of naphtha, gasoline, 

motor fuel, kerosene, range oil, lubricating oil, or heating oil at any 

refinery, terminal, or bulk plant to a reseller into any wagon, truck, 

tank wagon, or tank truck owned or operated by or for such reseller. 

The term "reseller" as herein used shall not be construed to include 

any agent selling such cmnmodities on a commission basis. Deliveries may be made in exchange for similar commodities received by 

the perBon making the deliveries from the person to or for whom the 

delivery is made. 

Nothing in this rule contained shall apply to deliveries made to 

bona fide jobbers either in their own vehicles, or for their account, 

from refineries, terminals, or bulk plants. 

Rule 22.- Refiners, distributors, jobbers, wholesalers, or retailers 

shall not render any burner service in connection with the sale of 

heating oils and fuel oils unless a fair and reasonable charge is made 

for such service, which in no event shall be less than $10.00 per year 

and an additional charge made for the replacement of any parts at 

not less than their reasonable cost. Nor shall any refinery, distributor, jobber, wholesaler, or retailer grant a commission of any 

kind to any person other than a regular employee of such refiner, 

distributor, jobber, wholesaler, or retailer in connection with such 

sales unless there is a contract between such refiner, distributor, 

jobber, wholesaler, or retailer and a dealer, distributor, or manufacturer of oil burners providing for the payment of a commission to the 

latter for the sale of heating oils and fuel oils to oil burner users where 

such sales are evidenced by signed contracts. This rule is not to be 

construed to prohibit advisory service. 

Refiners, distributors, jobbers, wholesalers, or retailers shall not 

sell to consumers of heating oils and fuel oils for delivery by tank 

wagon or tank truck on a contractual basis for a period exceeding 

twelve months. 

No refiners, distributors, jobbers, wholesalers, or retailers shall 

knowingly sell any heating oil or fuel oil to consumers in tank car lots 

unless said consumers have facilities for receiving and storing tank 

car lots. 

Rule 23.-Refiners, distributors, jobbers, wholesalers, and retailers 

shall permit any duly authorized employee, agent, or representative 

of the Planning and Coordination Committee to make any inspection 

or examination of books, records, contracts, plants, or stocks of merchandise to determine if there has been any failure to comply with the 

provisions of this Code or any failure of the refiner, distributor, 

wholesaler, or retailer, or by any other person, firm, or corporation to 

pay any tax required to be paid because of the receipt, sale, or use of 

any naphtha, gasoline, motor fuel, lubricating oil, greases, kerosene, 

range oil, heating oil, or any other petroleum product. 

Rule 24.-Evasion of taxes in the sale of petroleum products gives 

to evaders an undue and unlawful advantage over legitimate marketers 

and is unfair competition within the meaning of the National Industrial Recovery Act. 

Rule 25.-The broadcasting or publishing, in any manner, of a claim, 

representation, or implication which leads to a false or incorrect conclusion in regard to the goods, prices, or service of the advertiser, or 

in regard to the goods, prices, or services of a competitor, or which 

lays false claims to a policy or continuing practice of generally under-
18 

selling competitors, is an unfair and unecononuc practice and is 

prohibited. 

Rule 26.-In all sales of trade-marked or branded petroleum products 

for resale, refiners, distributors, jobbers, or wholesalers may, by contract, require purchasers to sell at prices therein designated for such 

resale; and may further require that if such products are thereafter 

sold by such purchaser for resale, that the original purchaser shall 

incorporate a similar provision in the contract with its purchaser for 

resale. 

Any purchaser who agrees to sell any refined petroleum products at 

the prices designated therefor by the refiner, distributor, jobber, or 

wholesaler from whom purchased shall make all sales thereof at 

prices not less than those so designated. 

Rule 27.- The unauthorized u e by any person, firm, or corporation 

of the trade mark, trade slogan, insignia, or emblem of any trade 

association in the petroleum industry, or the assertion or claim, by 

advertisement or otherwise, by any person, :firrn, or corporation that 

he or it is a member of any such association when in fact not a member 

thereof, shall be an unfair trade practice. 

Rule 28.- The provisions of this Code shall not prevent an association, society, or corporation organized or incorporated on the cooperative plan under any law or any State, territory or District of Columbia or of the United States as defined in Rule 29 of Article 5 of this 

Code from paying patronage dividends to the members or stockholders of such an organization in accordance with the provisions of 

the law, the articles of association, articles of incorporation, and/or 

by the laws of such association, society, or corporation, and the payment of such patronage dividends by such cooperative organizations 

shall not be construed as a violation of this Code, nor shall the payment or distribution of such dividends be con trued under this Code 

as an unfair method of competition; it being pecifically und rstood 

that such dividends shall not be paid to nonmemb rs or nonstockholders. 

Rule 29.-All Farm Cooperative Soci ties As ociati n and/or Corporations organized under the laws of any stat , territory, or Di trict 

of olumbia or of the United State , member hip in which i re trict d 

to persons whose chief source of livelihood is farming or other p rativ organized and existing on July 1, 1933, and whi h omply ''ith 

paragraph 12, section 103, of the revenue a t of 1932, nd whi h i -

tribute th ir patronage dividend to u h m rnb r nly h II b 

exempted from certain provi ion of he ti le 5 a h r inb f re 

specified; provid d, however, th y hall b oth r i e fully ubj t to 

the pro vi ions of Article 5. 

Rule 30.- Thi od hall not appl to contract a tuall 

pri r to th dat on whi h this od i formally appr 

eff tiv ate of thi o it hall pply to all u h n ra t a 

a any an ellation or t rminati n h r f can b l O'fill a 

Thi d ball a ly t all c ntr t mad a.ft r h at. n' hi h 

tbi d i f rm l1 pprov d ~ nd h. U appl_ t all r n wal 

mad ~ f r h dat f ntra t n , pri r th r t . 

r vr 1 n f thi d h ll n n 1 I 1 t trnn a ti n b w n 

r , ffili l d llll ani . n1pnni hall 1 n. i r d l 

ffili, d wh n wn th mnj rit f th ut nndi1 rr 01 it 1 

1- f th h r, n wh n th In< j rit. f th ut ~ n lin it. l 

]- f h i h ld r th < m indi,-i lu l, 
19 

tion, or, in the case of cooperative associations as defined in Rule 29 

of Article 5 of this Code, when the local associations collectively own 

the majority of the outstanding stock of the central coperative association. The parent companies owning the majority of stock in other 

companies shall be responsible for the observance of such subsidiary 

or affiliated company of the provisions of the rules of this Code. 

The provisions of this Code shall not apply in respect to sales made 

in the United States for export to foreign countries. 

Rule 31.-A violation of any of the rules of this Code shall constitute an unfair method of competition. 

In the event any rule of this Code, or part of any such rule, should 

be disapproved or held invalid, such action shall in no way affect any 

other rule or part thereof. 

ARTICLE VI-TRANSPORTATION 

The transportation subcommittee of the Planning and Coordination Committee shall investigate transportation practices and rates, 

and shall from time to time recommend to the President such action 

as may be appropriate to be taken under the National Industrial 

Recovery Act, or otherwise. 

ARTICLE VII-ORGANIZATION 

SECTION 1. The administrative machinery for the effectuation of 

this Code shall consist of: 

(a) The Planning and Coordination Committee, representing the 

petroleum industry and the National Recovery Administration. 

(b) A Federal Agency to be designated by the President. 

SEc. 2. The Planning and Coordination Committee shall consist of 

fifteen members, three of whom (without vote) shall be representatives of the National Recovery Administration and appointed by the 

President and twelve of whom shall be representatives of the petroleum industry, and, for purposes of immediate organization, appointed by the President from nominations made by a group or groups 

within the industry in such manner as may be prescribed by the 

President. 

SEc. 3. The Planning and Coordination Committee is set up to cooperate with the Administrator as a planning and fair-practice agency 

for the petroleum industry. Such agency may from time to time present to the Administrator recommendations which will tend to effectuate the operation of the provisions of this Code and the policy 

of the National Recovery Act and is charged in particular with 

endeavoring to promote the fullest possible cooperation with state 

regulatory bodies. 

SEc. 4. The Planning and Coordination Committee shall have a 

Chairman from its own membership and the following working technical subcommittees: 

(a) Statistical Committee. 

(b) Production Committee. 

(c) Refinery Committee. 

(d) Marketing Committee. 

(e) Accounting Committee. 

(f) Labor Committee. 

(g) Adjustment Committee. 

(h) Transportation Committee. 
20 

SEc. 5. The Federal Agency designated by the President shall make 

such estimates of petroleum requirements and such recommendations, 

allocations, and inventories as may be required for the effectuation of 

this Code. 

SEc. 6. In order to provide necessary data upon which to base its 

studies for the purposes of this Code, the Federal Agency designated 

by the President and the Planning and Coordination Committee are 

empowered to call upon the industry for the necessary statistical and 

other reports and any refusal to supply such reports is a violation of 

this Code . 

• 
APPENDICES 

APPENDIX A 

Schedule of Equipment Prices to be Used as a Basis of Purchase or 

Sale Between Oil Companies 

BLIND GASOLINE PUMPS 

Net 

Lower Than 

All makes of Blind Pump , including Duplex and all izes 1 to 5 gallons capacity_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ . 20. 00 

VISIBLE PUMPS 

5-gallon dry or "et hose Vi ible, 10- or 15-gallon Dry Hose Visible. Dual 

Bowl Visible (all types), 5-gallon blind pumps with 5 or 10 Visible 

attachment, Remote Control Visible Air-lift Vi ible: All of the above ____ _________________________________________ _ 

10- and 15-gallon Vi ible Web Hose, all makes __ __ _______________ _ 

10- or 15-gallon Visible Web Hose, electric po'\\er operated _____ ___ _ 

ELECTRIC METER PUMPS 

20. 00 

40. 00 

50. 00 

Electric Flow Meter Pump , with or without air separator____________ 45. 00 

Electric Di placement Meter pump , without air separator_ ___________ 70. 00 

Electric Di placement Meter Pumps, with air eparator___ ____________ 85. 00 

On any of the above pumps furnished in Twin type the price shall 

be double that of the single unit. 

GASOLINE BUGGIES OR WHEEL TANKS 

Any capacity, identified by Underwriters LabeL____ _________________ 50. 00 

Same as above, not identified by l!nderwriters____ ___ ________________ 25. 00 

SKID TANKS WITH PUMPS 

Skid tanks used for ga oline, kerosene, or ill tilla+e, up to 550-gallon 

capacity, equipped wit h pump, any type ____ _______ ______ _________ 25.00 

COMBINATION GASOLINE OR KEROSENE UNDERGROU D TANKS WITH 

PUMPS 

100- o 200-gallon capacity, with 1 gal. or rotary pump____ ____________ 25.00 

MISCELLANEOUS PUMP EQUIPME T 

Hydraulic Systems, Drop Cylinder Jobs, Remote Control Systems, 

and any other special type of equipment, including airport equipment 

and equipn1ent used to serve marine trade, etc., shall be considered 

special equipment. Purchase or sale price shall be arrived at by 

joint appraisal on the premises. 

UNDERGROUND TA KS 

Underground Tanks shall be bought or sold at prices sho\\"TI below, 

wmch include all installation costs, labor, materials, freight, ete., up 

(21) 
22 

to and including the installation of the pump itself (value of pun1p not 

included) on the following basis: 

280-gallon tank ____ _________ ____ _____ ___ _____ ___ ___ _ , 35. 00 

550-gallon tank__________ _____ __ _____ ___ ___ ______ ___ 50. 00 

1, 000-gallon tank_____ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 7 5. 00 

2,000-gallon tank ________ _______ _____ ______ ___ _____ ___ 100. 00 

These prices are for tanks of any specification, galvanized or black 

steel as now installed. 

Capacities of tanks shown above are normal sizes and may var 

10% more or less. For each additional pump installed on one tank 

add $10.00 for installation cost. 

Where the original installation of the tank and piping involved the 

removal and replacing of concrete, an allowance of 25¢. per quare 

foot, with a maximum allowance of 60 square feet for each tank and 60 

square feet for pipe trench, shall be added to price of the re pecti e 

size tank. 

Where tanks are installed under unusual conditions due to ordinance. 

or regulatory restriction which resulted in excessive costs, the purcha e 

or sale will be based on the actual cost of such installation less 10% p r 

annum depreciation on equipment and material used plus actual lab r 

cost; 

Odd-size tanks not covered by the above classification shall be 

bought and sold at a price interpolated between those specified. 

Underground tanks, and any part of the underground installation 

in connection therewith, may be repaired or replaced by the owner 

thereof. If replaced, the new tank shall be of the same capacity a 

original and the original removed from the premi es or made unfit for 

use. 

AUTOMOBILE LIFTS, RACK , AND PIT 

Automobile lifts of plunger type will be bought or sold at the in i 

price date of seller' purchase, plus freight, le s 15% p r annum d pr iation from date of invoice, plus a flat installation charg of $40.00, plus 

an allowance for concrete, if any, installed by owner of lift up t a 

ma:>rimum of 400 square feet, ba ed on 20 cents p r quar f o . 

Portable steel automobile lift , grease and wa h ra k will 

bought or sold on invoice price date of eller's pur ha plu freio-ht 

less 25% for depreciation and obsol cenc per annum from da f 

invoice. No allowance for installation co t. 

Pit and nonportable racks will b bought or ld on a ba i f j int. apprai al on th pr mi at tim of x hang 

COMPRE 

KER 

1 at t h f 11 wincr 1 ri 
23 

ROUND PORTABLE KEROSENE TANKS 

Equipped with pump. 

60- to 120-gallon capacity ____ ___________ ____ _____ __ ______________ -- $6. 00 

RECTANGULAR KEROSE E TANKS 

Equipped with pump. 

60- to 65-gallon capacity______ _____________ __ __ _____ _______ ________ 12.00 

CELLAR KEROSENE OUTFITS 

Equipped with stand pipe and pump. 

60- to 120-gallon capacity installed ___ ___ __________________ __ __ each __ 250- to 270-gallon capacity in talled ______ ___ ___ ___ __ _________ each __ 

50- to 120-gallon miscellaneou faucet tanks and tin pump tanks ___ ____ _ 

LUBRICATING OIL EQUIPMENT 

40. 00 

70. 00 

2. 00 

50-gallon round lubricating oil tank____ ___ ___ ___ __ ___ __ ______ ______ 3. 00 

60-gallon square lubricating oil tank___ ___ _____ _____ ___ _________ __ __ 3. 00 

15-gallon rectangular lubricating oil tank__ __________ __________ ___ ___ 3. 00 

30-gallon rectangular lubricating oil tank_ _______ ____ ______ __ __ ____ __ 7. 00 

60-gallon rectangular lubricating oil tank__ ___ _____ _______ ____ _______ 9. 00 

60-gallon 2-compartment lubricating oil tank___ _____ __ __ ________ ____ 10. 00 

90-gallon 3-compartment lubricating oil tank___ ____________ ___ ___ __ _ 15. 00 

Any of the above lubricating-oil equipment, equipped with meter 

add $1.50 to the above price. 

1-quart oil bottles ______ ___ __ __ _____ ___ ______ ___________ ____ each__ 0. 10 

Tray for 1-quart oil bottles____ __ ____ __ ____ ___ ___ ___________ ___ ____ . 25 

l -quart barrel pumps_ __________ _______ _____ __ ___________________ _ 1. 00 

Miscellaneous lubricating equipm.ent such as air systems, built-in 

installations, underground installations, miscellaneous portable equipment, etc., not specifically mentioned in the above lubricating-oil 

equipment shall be considered special and the purchase or sale price 

shall be arrived at by joint appraisal on the premises. 

GREASE EQUIPME T 

25-lb. grea e bucket or kit without motor_ ___________ __ ____________ _ Same a above with motor _____ __________________________________ _ 100-lb. grease outfit without meter_ ___ ____________________________ _ Same as above with meter _______________________________________ _ 

No charge for dolly in connection with the 1 00-lb. grea e outfit. 

$3. 00 

7. 00 

3. 00 

7. 00 

Miscellaneous grease equipment such as built-in installations, 

portable equipment, power guns, special portable guns, hand guns, 

grease gun boards, etc., not specifically mentioned in the above grease 

equipment shall be considered special and the purchase or sale price 

shall be arrived at by joint appraisal on the premises. 

Where grease boards furnished by supplier carry trade mark 

advertising which cannot be readily effaced by any practical means, 

supplier shall remove from the premises. 

MISCELLANEOUS EQUIPMENT 

Air and water standards, flood lights, and lamp posts or any equipInent not specifically mentioned herein will be bought or sold on a 

basis of joint appraisal on the premises at the time of exchange. 
24 

Sign posts will be considered as property of oil company and shall 

be removed. · 

All signs owned by oil company may be bought or sold by joint 

appraisal. 

ARBITRATION 

In case any dispute arises over prices and values of all the respective 

equipment herein mentioned which do not definitely state a price, 

the suppliers involved shall choose an arbitrator who shall be a 

disinterested representative from some other oil company in the 

immediate vicinity, to whom the suppliers shall present their case. 

The decision of the arbitrator chosen shall be final. 

APPENDIX B 

MAXIMUM CREDIT TERMS 

Credit Terms 

(1) Gasoline and Kerosene Sales: 

In tank-car and barge shipments ___ __ ____ __________ _ 

In tank-wagon deli veri es _____ ____ _______ ____ ___ __ _ _ 

Service-station deliveries ______ __ _________ ________ _ _ 

Coupon book , in denominations of not less than 

ten dollar , may be sold at face value, without 

discount, for cash, or on credit payable net in 

t hirty day . Coupon books i sued by any com- pany may be r edeemed by any retail outlet 

where the trade-marked products of t hat company 

are sold. Truck-Train Deliverie from r efi nerie and terminal 

or bulk plant to jobber ' bulk plant (3,500 gall n 

or over). 

(2) Gas Oil and Fuel Oil ales: 

I n tank-car or arge hipm nt , or d liv ri t hip 

burner . 

Truck-Train D liY ri : 

From r fin ri , and t rminal r bulk plant t 

j bb r ' bu I k plant (3,500 gall n r \' r). 

To on um r. -------------------------------- -

One percent 10 day 

from date of hipment, 

net 30 days. One percent on ight draft 

payment. 

Load-to-load, for net 

15th proximo. No 

ca h di count. 

Coupon or payment , net in thirty da . 

ne per ent 10 day 

from late f hipm nt, 

net 3 day . n 

per ent n ·i h draf 

payment. 

n 

draft 
25 

(3) Lubricating-Oil and Grease Sales: 

I n tank-car and drum-car shipments: Unbranded oils and greases ____________________ _ 

Branded oils and greases ______________________ _ 

L. C.L. Shipments: 

One percent 10 days 

from date of shipment, 

net 30 days or 30-

60-90-day trade acceptances. 

One percent 10 days 

from date of shipment, 

net 30 days, or 30-

60-90-day trade acceptance. 

All oils and greases ____________________________ One percent 10 days or 

Truck and tank-wagon deliveries: All oils and greases ___________________________ _ 

Service-Station Deliveries __________________ _______ _ 

0 

net 15th proximo. 

One percent 10 days, 

net 15th proximo. Coupons or payments 

net in 30 days. 
UNIVERSITY OF FLORIDA 

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