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 maximum selling prices for importers, wholesalers and retailers set opposite each:

FOODSTUFF (IMPORTED)

Commodity

Unit

Importer ™s Price

Wholesaler ™s Price

Retailer ™s Price

 

WITHOUT 17% SPECIAL EXCISE

TAX ON FOREIGN EXCHANGE

CANNED MEAT:

Corned Beef:

Emery Brand

48/12-oz.

?44.40/cs.

?48.45/cs.

?1.15/tin

Exeter Brand

48/12-oz.

44.40/cs.

48.45/cs.

1.15/tin

SEC. 2. The ceiling prices fixed in this Order include the 7% Sales Tax and 1% Municipal Tax.

SEC.3. This Order shall take effect immediately.

Done in the City of Manila, this 26th day of September, 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