EXECUTIVE ORDER NO. 431, April 09, 1951
FIXING THE CEILING PRICES OF COMMODITIES AND FOR OTHER PURPOSES
SECTION 1. The following essential commodities shall not be sold at more than the maximum selling prices for importers, wholesalers and retailers set opposite each:
FOODSTUFF (IMPORTED)
Commodity
Unit
Import’s price
Wholesale price
Retail ceiling price
Baking Material:
Fleischmann’s Yeast
120/6-oz.
P76.21/cs.
P82.57/cs.
P0.77/each
Sombrero Yeast
2/2#
28.64/cs.
31.03/cs.
2.89/each
Powdered Milk:
Dairy Maid Powdered Skimmed Milk
Drum/225#
106.26
113.06
122.12
Challenge Powdered Skimmed Milk
Drum/250#
114.96
122.32
132.12
SEC. 2. Any commodity not included in any previous Executive Order fixing ceiling prices and issued by authority of Republic Act No. 509, or in this Order, the size and specification of which are the same as those of the foregoing, shall have the same ceiling price.
SEC. 3 The ceiling prices fixed in this order include the 7 per cent sales tax and 1 per cent municipal tax.
SEC. 4 This Order shall take effect five days from the date hereof.
Done in the City of Manila, this 9th day of April, in the year of Our Lord, nineteen hundred and fifty-one, and of the Independence of the Philippines, the fifth.
President of the Philippines
By the President:
(SGD.) TEODORO EVANGELISTA
Executive Secretary