EXECUTIVE ORDER NO. 547 - FIXING THE CEILING PRICES OF COMMODITIES AND FOR OTHER PURPOSES

[ EXECUTIVE ORDER NO. 547, November 11, 1952 ]

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 (LOCAL)

Commodity

Unit

Wholesaler’s price

Retailer’s price

Beverage

Roasted Ground Coffee, locally prepared (with imported coffee beans) packed in paper bags :

Brand:

Cafe Pure

Bag/1/2#

P1.35

P1.55

Cafe Puro

Bag/1#

2.60

2.95

FOODSTUFF (IMPORTED)

Commodity

Unit

Importer’s price

Wholesaler’s price

Retailer’s price

Without 17 per cent Special Excise Tax on Foreign Exchange

CANNED MEAT— Corned Beef:

Hereford Brand

48/12-oz

P44.40/cs.

P48.45/cs.

P1.15/tin

SEC. 2. The ceiling prices fixed in this Order include for Cafe Puro the 7 per cent sales tax and for Hereford Brand Corned Beef the 7 per cent sales tax and 1 per cent municipal tax.

SEC 3. This Order shall take effect immediately.

Done in the City of Manila, this 11th day of November, 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