EXECUTIVE ORDER NO. 626, October 08, 1953

FIXING THE CEILING PRICES OF JAPANESE SARDINES, AND FOR OTHER PURPOSES

Executive Orders October 8, 1953
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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

 

 

 

 

Sardines in tomato sauce, oval (Japanese) :

    Winged wheel

48/15 oz.

P25.74

P26.96

P0.60

Sardines in tomato sauce, tall round  tins (Japanese):

    Winged wheel

100/5 oz.

25.02

26.21

0.28

SEC. 2. The ceiling prices fixed in this Order include the 7 per cent sales tax and 1 per cent municipal tax.

SEC. 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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