Supreme Court E-Library
Information At Your Fingertips

  View printer friendly version

By virtue of the powers vested in me by section 3 off 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. Section 1 of Executive Order No. 331, dated July 7, 1950, is hereby amended by increasing and setting up new ceiling prices for Klim and Darigold Powdered Milk as follows:

FOODSTUFF (IMPORTED)

Commodity	Unit	Producer’s price	Wholesale price	Retail ceiling price
Milk Powdered:
Klim	12/1-lb.	P22.34/cs.	P23.45/cs.	P2.10/tin
Darigold	24/1-lb.	34.56/cs.	37.48/cs.	1.75/tin

SEC. 2. Section 1 of Executive Order No. 343, dated August 14, 1950, is hereby amended by increasing and setting up new ceiling price for Golden State Powdered Milk as follows:

FOODSTUFF (IMPORTED)

Commodity	Unit	Producer’s price	Wholesale price	Retail ceiling price
Milk Powdered:
Golden State	12/1-lb	P17.28/cs	P18.74/cs	P1.75/tin

SEC. 3. 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. 4. The ceiling prices fixed in this Order include the 7 per cent sales tax and 1 per cent municipal tax.

SEC. 5. This Order shall take effect five days from the date hereof.

Done in the City of Manila, this 10th day of February, in the year of Our Lord, nineteen hundred and fifty-one, and of the Independence of the Philippines, the fifth.


By the President:
(SGD.) TEODORO EVANGELISTA
Executive Secretary