MALACAÑAN PALACE
MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ EXECUTIVE ORDER NO. 408, February 03, 1951 ]

AMENDING EXECUTIVE ORDERS NUMBERED THREE HUNDRED AND FORTY THREE, THREE HUNDRED AND FIFTY-THREE, 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 HTE PRESIDENT OF THE PHILIPPINES FOR A LIMITED PERIOD TO FIX CEILING PRICES OF COMMODITIES AND TO PRMULGATE RULES AND REGULATIONS REGARDING PRICES OF COMMODITIES TO EFFECTUATE SUCH, POLICY, AND AUTHORIZING THE APPROPRIATION OF A CERTAIN SUM FOR THE PURPOSE,” and upon recommendation of the Price Administration Board, I, ELPIDIO QUIRINO, President of the Philippines, do hereby order:

Section 1. Section one of Executive Order No. 343, dated August 14, 1950, is hereby amended by increasing and setting up new ceiling prices for Galvanized Plain Wire as follows:

CONSTRUCTION MATERIAL (IMPORTED)
Commodity Unit Wholesale Price Retail Ceiling Price
GALVANIZED PLAIN WIRE - 100# ROLL:
Sizes: No. 6/8 roll P24.50 P27.23
No. 10 roll 25.05 27.83
No. 12 roll 27.23 30.25
No. 14 roll 28.31 31.46
No. 16/17 roll 29.40 32.57
No. 18/19 roll 29.40 32.67
No. 20 roll 30.49 33.88
No. 22 roll 43.56 48.40

Section 2. Section one of Executive Order No. 353, dated October 6, 1950, is hereby amended by increasing and setting up new ceiling prices for Shoe Materials as follows:

SHOE MATERIALS (IMPORTED)
Commodity Unit Importer’s Price Wholesaler’s Price to Shoemakers
FINISHED UPPER LEATHER:
White Ivory Sides
#289 and #3M Sq.Ft. P.2.10 P2.31
Luxury Black Patent
Large: D x M & CM Sq.Ft. 1.65 1.83
Sides: D x M Sq.Ft. 1.66 1.83
Black Diamond Chrome Sq.Ft. 1.63 1.79
Colonial #200 White:
IM-Smooth Large and Sides Sq.Ft. 1.78 1.95
D x M – Smoorth Large and Sides Sq.Ft. 1.55 1.71
White Elko and Sootan:
IM4 Sq.Ft. 1.42 1.57
M4 Sq.Ft. 1.42 1.57
IMITATION SUEDIENDS:
Width 38"/39" Color:
Black or Slate Gray Sq.Ft. 4-03 4.43
HEELING BOARD:
Size 41” x 25” Bundle 48.07 52.94
Kilo 0.85 0.93
SOLE LEATHER BELLIES Kilo 3.81 4.20
SOLE LEATHER BUTTS Kilo 2.95 3.25
BLACK FULL HEELS:
Plymouth Design 8 Nail Holes
Sizes: 6/8, 9/10, 10/11 and 11/12 Pair 0.31 0.35
SHOE STRINGS:
Sizes: #440- 27" White,Brown,Mahogany or Black Gross P3.39 P3.73
POSSAIC COTTON HSOE THREAD:
Sizes: 6, 7, 8, 12, and 14 cord Pound 3.78 4.16

Section 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.1âшphi1

Section 4. The ceiling prices fixed in this Order include the 7% Sales and 1% Municipal Tax.

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

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