Executive Order No. 420 (1951)

MALACAÑAN PALACE

MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ EXECUTIVE ORDER NO. 420, March 08, 1951 ]

AMENDING EXECUTIVE ORDER NUMBERED THREE HUNDRED AND THIRTY-ONE, EXECUTIVE ORDER NUMBERED THREE HUNDRED AND FORTY-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 the President, of the Philippines for a, limited period to fix the 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 one of Executive Order No. 331, dated July 7, 1950, is hereby amended by increasing and setting up new ceiling prices for Crescent and Maxwell House Coffee as follows:

Section 2. Section one of Executive Order No. 343, dated August 14, 1950, is hereby amended by increasing and setting up new ceiling prices for Red Shield and Golden State Fresh Butter and Galvanized.Pipes, as follows:

FOODSTUFF (IMPORTED)

Commodity | Unit | Importer’s price | Wholesale price | Retail ceiling price Beverages: Crescent brand coffee | 24/1# | P53.52/cs. | P58.06/cs. | P2.70/tin Maxwell house brand coffee | 24/1# | 55.56/cs. | 60.27/cs. | 2.81/tin FOODSTUFF (IMPORTED) Commodity | Unit | Importer’s price | Wholesale price | Retail ceiling price Dairy, products: Red Shield Fresh butter(U.S.A.) | 60/1# | P129.65/cs. | P140.48/cs. | 2.60/ea. Golden State Fresh butter(U.S.A.) | 60/1# | 129.65/cs. | 140.48/cs. | 2.60/ea.

CONSTRUCTION MATERIALS(IMPORTED)

Commodity | Unit | Wholesale price | Retail ceiling price Galvanized pipes: Sizes in Diameter & Length: 1/2" | Foot | P0.28 | P0.30 1/2' x 20' | Length | 5.60 | 6.00 3/4' | Foot | 0.36 | 0.40 3/4'x 20' | Length | 7.20 | 8.00 1' | Foot | 0.52 | 0.57 1' x 20' | Length | 10.40 | 11.40 1-1/4' | Foot | 0.69 | 0.77 1-1/4' x 20' | Length | 13.80 | 15.40 1-1/2' | Foot | 0.82 | 0.91 1-1/2' x 20' | Length | 16.40 | 18.20 2' | Foot | 1.10 | 1.22 2' x 20' | Length | 22.00 | 24.40

Section 3. The ceiling prices herein above fixed include the 7 per cent sales tax and 1 per cent municipal tax.

Section 4. This Order shall take effect immediately.

Done in the City of Manila, this 8th day of March, 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