[ EXECUTIVE ORDER NO. 497, April 08, 1952 ]

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 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:

POULTRY FEEDS (IMPORTED)
WITHOUT 17 PER CENT SPECIAL EXCISE TAX ON FOREIGN EXCHANGE

Commodity

Unit

Importer ™s price

Wholesaler ™s price

Retailer ™s price

         

Canadian Herring Meal :

 

70% Protein Unit

Bag/100#

P30.90

P33.70

P37.90

71% Protein Unit

Bag/100#

31.30

34.20

38.45

71 % Protein Unit

Bag/100#

31.55

34.40

38.70

72% Protein Unit

Bag/100#

31.75

34.65

39.00

73% Protein Unit

Bag/100#

32.20

35.15

39.55

74% Protein Unit

Bag/100#

32.65

35.60

40.10

75% Protein Unit

Bag/100#

33.10

36.10

40.60

American Fish

Meal Bag/100#

26.20

28.55

32.15

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 immediately.

Done in the City of Manila, this 8th day of April, in the year of Our Lord, nineteen hundred and fifty-two, and of the Independence of the Philippines, the sixth.

(SGD.) ELPIDIO QUIRINO
President of the Philippines

By the President:
(SGD.) MARCIANO ROQUE
Acting Executive Secretary