MALACAÑAN PALACE
MANILA
BY THE PRESIDENT OF THE PHILIPPINES
[ 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 “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:
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 |
Section 2. The ceiling prices hereinabove fixed include the 7 per cent sales tax and 1 per cent municipal tax.
Section 3. This Order shall take effect five days from the date hereof.1âшphi1
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
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