FIXING THE CEILING PRICES OF COMMODITY 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 the 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 wholesalers and retailers set opposite each:
FOODSTUFF (LOCAL)
Commodity | Unit | Wholesaler’s price | Retailer’s price |
Beverage — Coffee: | |||
| |||
| Bag/1# | ₱2.95 | ₱3.25 |
Section 2. The ceiling prices fixed in this Order include the -7 per cent sales tax.
Section 3. This Order shall take effect three days after the date hereof.
Done in the City of Manila, this 12th day of September, in the year of Our Lord, nineteen hundred and fifty-three, and of the Independence of the Philippines, the eighth.
(SGD.) ELPIDIO QUIRINO
President of the Philippines
By the President:
(SGD.) MARCIANO ROQUE
Acting Executive Secretary
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