EXECUTIVE ORDER NO. 516, July 01, 1952
FIXING THE CEILING PRICES OF COMMODITIES
SECTION 1. The following essential commodities shall not be sold at more than the maximum selling prices for wholesalers and retailers set opposite each:
PNEUMATIC TIRES
Commodity
Unit
Wholesaler’s
Price
Retailer’s
Price
WITH 17% SPECIAL EXCISE TAX ON FOREIGN EXCHANGE
CANADIAN TIRES
Conventional Passenger Car Tires
Sizes:
White Sidewall – 4 Ply
6.00 – 16
each
?57.90
?67.71
Extra Low Pressure Tires
White Sidewall – 4 Ply
6.70 – 15
each
63.47
74.23
7.10 – 15
each
70.48
82.43
7.60 – 15
each
77.07
90.13
Commodity
Unit
Wholesaler’s
Price
Retailer’s
Price
White Sidewall – 6 Ply
6.00 – 16
each
?73.78
?86.28
6.70 – 15
each
82.49
96.47
7.10 – 15
each
91.53
107.04
7.60 – 15
each
100.23
117.21
8.20 – 15
each
115.06
134.56
Premium Grade Tires
Sizes:
White Sidewall – 6 Ply
6.70 – 15
each
90.15
108.18
7.10 – 15
each
107.25.
128.79
7.60 – 15
each
117.47
140.96
8.20 – 15
each
134.60
161.52
8.20 – 16
each
115.00
138.00
SEC. 2. The ceiling prices fixed in this Order include the 17% Special Excise Tax on Foreign Exchange, 7% Sales Tax and 1% Municipal Tax.
SEC. 3. This Order shall take effect immediately.
Done in the City of Manila, this 1st day of July, in the year of Our Lord, nineteen hundred and fifty-two, and of the Independence of the Philippines, the sixth.
President of the Philippines
By the President:
(SGD.) MARCIANO ROQUE
Acting Executive Secretary