MALACAÑAN PALACE
MANILA
BY THE PRESIDENT OF THE PHILIPPINES
[ EXECUTIVE ORDER NO. 629, October 14, 1953 ]
FIXING THE CEILING PRICES OF COMMODITIES, AMENDING EXECUTIVE ORDER NUMBERED FOUR HUNDRED AND FORTY-TWO, EXECUTIVE ORDER NUMBERED THREE HUNDRED AND THIRTY-ONE, 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, ELPIDIO QUIRINO, President of the Philippines, do hereby order:
Section 1. The following essential commodity shall not be sold at more than the maximum selling prices for wholesalers and retailers set opposite each:
TEXTBOOKS (IMPORTED)
Without 17 per cent Special Excise Tax on Foreign Exchange
| Elementary Textbooks : |
| Commodity |
Unit |
Wholesaler’s price |
Retailer’s price |
| Grade I — |
A Manual for Teaching Arithmetic —
Flores and Ramirez |
Each |
₱3.02 |
₱3.53 |
| Grade II — |
A Manual for Teaching Arithmetic—Flores and Ramirez |
Each |
3.02 |
3.53 |
| Grade III — |
Working and Playing—Flores and Ramirez |
Each |
3.02 |
3.53 |
| Grade IV — |
Working and Playing—Flores and Ramirez |
Each |
3.02 |
3.53 |
| High School Textbooks: |
| Fourth year — |
Dynamic Physics—Bower and Robinson |
Each |
8.76 |
10.22 |
Section 2. Section 4 of Executive Order No. 442, dated May 26, 1951, is hereby amended by reducing andsetting up new ceiling prices of some drugs listed below as follows:
DRUGS, MEDICINES AND HOUSEHOLD REMEDIES (IMPORTED)
GROUP II—Without 17 per cent Special Excise Tax on Foreign Exchange
| Commodity |
Unit |
Importer’s price |
Wholesaler’s price |
Retailer’s price |
| Antibiotics: |
Penicillin sodium G. or potassium crystalline: |
| 200,000 units |
Vial |
₱0.30 |
₱0.36 |
₱0.45 |
| 500,000 units |
Vial |
0.59 |
0.70 |
0.88 |
Penicillin Tablets: |
| 50,000 units Buffered |
12’s |
0.93 |
1.12 |
1.40 |
| 100,000 units Buffered |
12’s |
1.72 |
2.06 |
2.58 |
| 250,000 units Buffered |
12’s |
3.67 |
4.40 |
5.50 |
Section 3. Section 1 of Executive Order No. 331, dated July 7, 1950, insofar as it sets up ceiling prices for locally manufactured canned pineapples, is hereby repealed inasmuch as there is an abundant supply of said commodity.
Section 4. The ceiling prices fixed in this Order include the 7 per cent sales tax and 1 per cent municipal tax.
Section 5. This Order shall take effect five days after the date hereof.1a⍵⍴h!1
Done in the City of Manila, this 14th day of October, in the year of Our Lord, nineteen hundred and fifty-three, and of the Independence of the Philippines, the eighth.
(SGD.) ELPIDIO QUIRINO
President of the Philippines
By the President:
(SGD.) MARCIANO ROQUE
Acting Executive Secretary
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