EXECUTIVE ORDER NO. 403, January 18, 1951

[ 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, Eipidio 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

SEC. 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

SEC. 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

SEC. 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

SEC. 5. The ceiling prices fixed in this Order include the 7 per cent sales tax and 1 per cent municipal tax.

SEC. 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