EXECUTIVE ORDER NO. 417, February 24, 1951

FIXING THE CEILING PRICE OF ROASTED GROUND COFFEE AND FOR OTHER PURPOSES

Executive Orders February 24, 1951
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By virtue of the powers vested in me by section 3 of Republic Act No. 609, 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 price for importers, wholesalers and retailers set opposite each:

FOODSTUFF (IMPORTED)

Commodity

Unit

Importer’s price

Wholesaler’s price

Retail ceiling price

Roasted ground coffee:

 

 

 

 

Reliance

24/1-lb.

P49.25/cs.

P53.42/cs.

P2.49/tin

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

SEC. 3. This Order shall take effect five days from the date hereof.

Done in the City of Manila, this 24th day of February, in the year of Our Lord, nineteen hundred and fifty-one, and pf the Independence of the Philippines, the fifth.

(SGD.) ELPIDIO QUIRINO
President of the Philippines

By the President:
(SGD.) TEODORO EVANGELISTA
Executive Secretary

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