[ EXECUTIVE ORDER NO. 419, March 08, 1951 ]

FIXING THE CEILING PRICES OF COMMODITIES AND FOR OTHER PURPOSES



By virtue of the powers vested in me by section 3 of Republic Act No. 509, entitled œAn 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 œa 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 commodities shall not be sold at more than the maximum selling prices for importers, wholesalers and retailers set opposite each:

FOODSTUFF (IMPORTED)

Commodity

Unit

Importer ™s price

Wholesaler ™s price

Retail ceiling price

Roasted ground coffee:

 

 

 

 

Seaport Brand

24/1#

P51.24/cs.

P55.58/cs.

P2.59/tin

Table Queen Brand

24/1#

45.32/cs.

49.16/cs.

2.29/tin

Baking powder:

 

 

 

 

Cresent Brand

6/5#

13.22/cs.

14.34/cs.

2.65/tin

SEC. 2. The ceiling prices hereinabove fixed include 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 8th day of March, in the year of Our Lord, nineteen hundred and fifty-one, and of the Independence of the Philippines, the fifth.

(SGD.) ELPIDIO QUIRINO
President of the Philippines

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