EXECUTIVE ORDER NO. 413 - FIXING THE CEILING PRICE OF RED OR YELLOW CORN AND FOR OTHER PURPOSE

[ EXECUTIVE ORDER NO. 413, February 16, 1951 ]

FIXING THE CEILING PRICE OF RED OR YELLOW CORN AND FOR OTHER PURPOSE

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 Rice Emergency 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 price for retailers set hereunder:

FOODSTUFF (LOCAL)

Commodity

Unit

Retail ceiling price

Corn:

Red or Yellow

Sack/56 kilos of 25 gantas

?12.00

Per ganta

0.48

SEC. 2. This Order shall take effect five days from the date hereof.

Done in the City of Manila, this 16th 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