[ EXECUTIVE ORDER NO. 626, October 08, 1953 ]
FIXING THE CEILING PRICES OF JAPANESE SARDINES, 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 commodity shall not be sold at more than the maximum selling prices for importers, wholesalers and retailers set opposite each:
FOODSTUFF (IMPORTED)
Without 19 percent Special Excise Tax on Foreign Exchange
SEC. 3. This Order shall take effect three days after the date hereof.
Done in the City of Manila, this 8th day of October; in the year of Our Lord, nineteen hundred and fifty-three, and of the Independence of the Philippines, the eighth.
By the President:
(SGD.) MARCIANO ROQUE
Acting Executive Secretary
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:
Without 19 percent Special Excise Tax on Foreign Exchange
SEC. 2. The ceiling prices fixed in this Order include the 7 per cent sales tax and 1 per cent municipal tax.
Commodity
Unit
Importer s price
Wholesaler s price
Retailer s price
Canned fish
Sardines in tomato sauce, oval (Japanese) :
Winged wheel48/15 oz.
P25.74
P26.96
P0.60
Sardines in tomato sauce, tall round tins (Japanese):
Winged wheel100/5 oz.
25.02
26.21
0.28
SEC. 3. This Order shall take effect three days after the date hereof.
Done in the City of Manila, this 8th day of October; in the year of Our Lord, nineteen hundred and fifty-three, and of the Independence of the Philippines, the eighth.
(SGD.) ELPIDIO QUIRINO
President of the Philippines
President of the Philippines
By the President:
(SGD.) MARCIANO ROQUE
Acting Executive Secretary