FIXING THE CEILING PRICES OF JAPANESE SARDINES, AND FOR OTHER PURPOSES
By virtue of the powers vested in me by Section 3 of Republic Act No. 509, entitled “An Act declaring national policy, authorizing the President of the Philippines for a limited period to fix ceiling prices of commodities and to promulgate rules and regulations regarding prices of commodities to effectuate such policy, and authorizing the appropriation of a certain sum for purpose,” and upon the recommendation of the Price Administration Board, I, ELPIDIO QUIRINO, President of the Philippines, do hereby order:
Section 1. The following essential commodity shall not be sold at more than the maximum selling prices for importers, wholesaler’s and retailers set opposite each:
FOODSTUFF (IMPORTED)
Commodity | Unit | Importer’s price | Wholesaler’s price | Retailer’s price |
Without 17% Special Excise Tax on Foreign Exchange: | ||||
Canned Fish — | ||||
Sardines in Tomato Sauce, Oval (Japanese) Pacific Sky Madam | 24/15-oz. | ₱12.87/cs. | ₱13.48/cs. | ₱0.60/tin |
Madam & Pacific Sky | 48/15-oz. | 25.74/cs. | 26.96/cs. | 0.60/tin |
Sardines in Tomato Sauce, Tall Round Tins (Japanese) | ||||
Madam | 50/5-oz. | 12.51/cs. | 13.11/cs. | 0.28/tin |
Madam | 100/5-oz. | 26.02/cs. | 26.21/cs. | 0.28/tin |
Section 2. The ceiling prices fixed in this Order include the 7 per cent Sales Tax and 1 per cent Municipal Tax.
Section 3. This Order shall take effect three days after the date hereof.
Done in the City of Manila, this 16th day of June, in the year of Our Lord, nineteen hundred and fifty-three, and of the Independence of the Philippines, the seventh.
(SGD.) ELPIDIO QUIRINO
President of the Philippines
By the President:
(SGD.) MARCIANO ROQUE
Acting Executive Secretary
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