[ EXECUTIVE ORDER NO. 518, July 11, 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 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 commodities shall not be sold at more than the maximum selling prices for importers, wholesalers and retailers set opposite each:
SEC. 3. This Order shall take effect immediately.
Done in the City of Manila, this 11th day of July, in the year of Our Lord, nineteen hundred and fifty-two, and of the Independence of the Philippines, the seventh.
By the President:
(SGD.) MARCIANO ROQUE
Acting Executive Secretary
SEC. 2. The ceiling prices fixed in this Order include for Libby s Evaporated Milk products the 7% Sales Tax and 1% Municipal Tax and for Cafe Excelente the 7% Sales Tax.FOODSTUFF (IMPORTED)
Commodity
Unit
Importer s
PriceWholesaler's Price
Retailer's Price
WITHOUT 17% SPECIAL EXCISE TAX ON FOREIGN EXCHANGE
MILK PRODUCTS:
Evaporated Milk
(Tall Size)
Brand:Libby s48/14-1/2-oz.
P17.80
P19.05
P0.43/tin
Evaporated Milk
(Baby Size)
Brand:Libby s96/6-oz.
17.80
19.05
0.22/tin
FOODSTUFF (LOCAL)
Commodity
Unit
Wholesaler s
PriceRetailer s
PriceBEVERAGE:
Roasted Ground Coffee, Locally Prepared with Imported Coffee Beans Packed in Paper Bags:
Cafe ExcelenteBag/1-lb.
P2.80
P3.20
SEC. 3. This Order shall take effect immediately.
Done in the City of Manila, this 11th day of July, in the year of Our Lord, nineteen hundred and fifty-two, and of the Independence of the Philippines, the seventh.
(SGD.) ELPIDIO QUIRINO
President of the Philippines
President of the Philippines
By the President:
(SGD.) MARCIANO ROQUE
Acting Executive Secretary