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 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 importers, wholesalers and retailers set opposite each:
FOODSTUFF (IMPORTED)
Without 19 percent Special Excise Tax on Foreign Exchange
Commodity | Unit | Importer’s price | Wholesaler’s price | Retailer’s price |
Canned fish | ||||
| 48/15 oz. | P25.74 | P26.96 | P0.60 |
Winged wheel | ||||
| 100/5 oz. | 25.02 | 26.21 | 0.28 |
Winged wheel |
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 8th day of October; 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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