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MOP, Bk 6 Pt.1, v.4, 431

[ EXECUTIVE ORDER NO. 360, November 03, 1950 ]

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, Eipidio 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:

FOODSTUFFS (IMPORTED)

Commodity

Unit

Importer’s
price

Wholesale
price

Retail
ceiling
price

BEVERAGES

 

 

 

 

Coffee MJB Brand

24/1-lb.

46.90/cs.

P50.90/cs.

P2.37/tin

FISH CANNED

 

 

 

 

Portola Sardines in Tomato Sauce, Oblong

48/8-oz.

14.90/cs.

16.20/cs.

0.38/tin


FISHING MATERIALS (IMPORTED)

FISHING TWINES

 

 

 

 

No. 6

Pound

P2.44

P2.73

P3.20

No. 9

Pound

2.27

2.54

3.00

No. 12

Pound

2.20

2.46

2.90

Nos. 15, 18, 21, 24, 27, 30, 34, 36, 42, 48, 54, 60, 96, 108, or 120

Pound

2.09

2.34

2.75

SEC. 2. Any commodity not included in any previous Executive Order fixing ceiling prices and issued by authority of Republic Act No. 509 or in this Order, the size and specification of which are the same as those of the foregoing, shall have the same ceiling price.

SEC. 3. This Order shall take effect five days after its promulgation.

Done in the City of Manila, this 3rd day of November, in the year of Our Lord, nineteen hundred and fifty, 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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