Executive Order No. 403 (1951)
Amending Executive Order Numbered Three Hundred and Thirty-One, Executive Order Numbered Three Hundred and Forty-Three, Executive Order Numbered Three Hundred and Fifty-Three, and Executive Order Numbered Three Hundred and Seventy and for Other Purposes.
MALACAÑAN PALACE
MANILA
BY THE PRESIDENT OF THE PHILIPPINES
[ EXECUTIVE ORDER NO. 403, January 18, 1951 ]
AMENDING EXECUTIVE ORDER NUMBERED THREE HUNDRED AND THIRTY-ONE, EXECUTIVE ORDER NUMBERED THREE HUNDRED AND FORTY-THREE, EXECUTIVE ORDER NUMBERED THREE HUNDRED AND FIFTY-THREE, AND EXECUTIVE ORDER NUMBERED THREE HUNDRED AND SEVENTY 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 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 Roasted Ground Coffee, Locally Prepared (with Imported Coffee Beans), and Condensed Milk, as follows:
FOODSTUFF (LOCAL)
Commodity | Unit | Producer’s price | Wholesale price | Retail ceiling price BEVERAGE Roasted ground coffee, locally prepared (with imported coffee beans) packed in paper bag | 1-lb. | P1.74 | P1.90 | P2.14 FOODSTUFF (IMPORTED) Commodity | Unit | Importer's price | Wholesale price | Retail ceiling price CONDENSED MILK | 48/14-oz. | P26.90/cs. | P28.18/cs. | P0.68/tin | 144/4-oz. | 27.57/cs. | 29.91/cs. | 0.23/tin
Section 2. Section 1 of Executive Order No. 343, dated August 14, 1950, is hereby amended by increasing and setting up new ceiling prices for Roasted Ground Coffee, Locally Prepared (with Imported Coffee Beans) and Raw Coffee Beans, as follows:
FOODSTUFF (LOCAL)
Commodity | Unit | Producer’s price | Wholesale price | Retail ceiling price BEVERAGE Roasted ground coffee, locally prepared (with imported coffee beans) packed in tin: Brands: Rooster, Sta. Claus, Old Chof, Hamilton, La Estrella, Washington, Elefante, Alca, King’s and all other brands | 1-lb | P2.38 | P2.60 | P2.90 FOODSTUFF (IMPORTED) Commodity | Unit | Importer’s price | Wholesale price | Retail ceiling price OTHER PRODUCT Brazil coffee (raw) beans 2/3’s | Bag/132# | P169.62/Bag | P183.98/Bag | P3.42/kilo
Section 3. Section 1 of Executive Order No. 353, dated October 6, 1950, is hereby amended by increasing and setting up new ceiling prices for Peter’s Cocoa, as follows:
FOODSTUFF (IMPORTED) BEVERAGE
Peter’s Cocoa | 24/8-oz | P17.98/cs. | P19.51/cs. | P0.91/tin Peter’s Cocoa | 48/4-oz. | 19.62/cs. | 21.29/cs. | 0.50/tin
Section 4. Section 1 of Executive Order No.370, dated November 13, 1950, is hereby amended by increasing and setting up new ceiling price for Brazil Coffee Beans, as follows:
FOODSTUFF (IMPORTED)
Commodity | Unit | Importer’s price | Wholesale price | Retail ceiling price OTHER PRODUCT Brazil coffee (raw) beans 7/8’s | Bag/22# | P154.20/Bag | P167.26/Bag | P3.11/kilo
Section 5. The ceiling prices fixed in this Order include the 7 per cent sales tax and 1 per cent municipal tax.
Section 6. This Order shall take effect immediately.
Done in the City of Manila, this 18th day of January, 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