MALACAÑAN PALACE
MANILA
BY THE PRESIDENT OF THE PHILIPPINES
[ 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’sprice |
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 |
Section 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.
Section 3. This Order shall take effect five days after its promulgation.1a⍵⍴h!1
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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