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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. Section 3 of Executive Order No. 443, dated May 29, 1951, is hereby repealed by setting up new reduced ceiling prices for Galvanized Plain Wire as follows:

CONSTRUCTION MATERIALS (IMPORTED)

With 17 per cent Special Excise Tax on Foreign Exchange

Commodity	Unit	Wholesaler’s         price	Retailer’s         price
Galvanized plain wire, 100# roll
Sizes:
#6/8	Roll	P28.94	P32.15
#10	Roll	29.37	32.63
#12	Roll	30.02	33.35
#14	Roll	31.32	34.80
#16/17	Roll	33.69	37.44
#18/19	Roll	38.66	42.96
#20	Roll	42.77	47.52
#22	Roll	47.05	52.28

SEC. 2. The ceiling prices fixed in this Order include the 17 per cent special excise tax on foreign exchange, 7 per cent sales tax and 1 per cent municipal tax.

SEC. 3. All controlled commodities, goods and articles of direct shipments to ports of entry in Luzon other than Manila, shall have for their importer’s ceiling prices the prices fixed for Zone 1.

SEC. 4. This Order shall take effect immediately.

Done in the City of Manila, this 24th day of March, in the year of Our Lord, nineteen hundred and fifty-three, and of the Independence of the Philippines, the seventh.


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