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MOP, Bk 6 Pt.2, v.4, 356

[ EXECUTIVE ORDER NO. 534, September 26, 1952 ]

FIXING NEW CEILING PRICES OF IMPORTED FOODSTUFF, 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 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.

(SGD.) ELPIDIO QUIRINO
President of the Philippines

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