Executive Order No. 626 (1953)

MALACAÑAN PALACE

MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ 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

Commodity | Unit | Importer’s price | Wholesaler’s price | Retailer’s price Canned fish Sardines in tomato sauce, oval (Japanese) : | 48/15 oz. | P25.74 | P26.96 | P0.60 Winged wheel Sardines in tomato sauce, tall round tins (Japanese): | 100/5 oz. | 25.02 | 26.21 | 0.28 Winged wheel

Section 2. The ceiling prices fixed in this Order include the 7 per cent sales tax and 1 per cent municipal tax.

Section 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

By the President:

(SGD.) MARCIANO ROQUE

Acting Executive Secretary