EXECUTIVE ORDER NO. 370, November 13, 1950

AMENDING EXECUTIVE ORDER NUMBERED THREE HUNDRED AND THIRTY-ONE, EXECUTIVE ORDER NUMBERED THREE HUNDRED AND FORTY-THREE AND EXECUTIVE ORDER NUMBERED THREE HUNDRED FIFTY-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 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 one of Executive Order No. 331, dated July 7, 1950, is hereby amended by increasing and setting up new ceiling prices for fresh pork, Monarch Coffee, Cocoa Powder, Sardines Natural Sauce, Bear Brand Sterilized Natural Milk, and Coffee Beans, as follows :

FOODSTUFFS (LOCAL)

Commodity		Unit	Importer’s or producer’s price	Wholesale price	Retail ceiling price
PORK FRESH
Pork (in bulk)	..............	Kilo	..............	..............	P1.85
Pork:
Lomo	..............	Kilo	..............	..............	3.00
Pige (Pierna)	..............	Kilo	..............	..............	2.70
Paypay (Casim)	..............	Kilo	..............	..............	2.60
Tiyan (Liempo)	..............	Kilo	..............	..............	2.40
Kustillas	..............	Kilo	..............	..............	2.40
Buntot	..............	Kilo	..............	..............	2.00
Punta y Pecho	..............	Kilo	..............	..............	2.00
Paa (Pata)	..............	Kilo	..............	..............	1.30
Buto sa Kasim	..............	Kilo	..............	..............	1.30
Ampella (Taba)	..............	Kilo	..............	..............	1.30
Ulo	..............	Kilo	..............	..............	1.00
FOODSTUFFS (IMPORTED)
BEVERAGES
Coffee Monarch brand	..............	24/1-lb	₱52.67	P57.18	₱2.66/tin
Cocoa (Hershey)	..............	24/8-oz.	17.71	19.23	0.90/tin
FISH CANNED
Sardines natural sauce	..............	48/15-oz.	16.56	17.98	0.42/tin
MILK
Bear Brand sterilized:
Natural Milk	..............	48/500-grs.	28.56/cs.	31.00/cs.	0.70/tin
OTHER PRODUCTS
Coffee Beans:
Raw	..............	7/8’s Bag/100#	104.52	113.45	2.80/kilo

Section 2. Section 1 of Executive Order No. 343, dated August 24, 1950, is hereby amended by increasing and setting up new ceiling prices for Sardines in Tomato Sauce and Reinforcing Steel Bars, as follows:

FOODSTUFFS (IMPORTED)

Commodity		Unit	Importer’s price	Wholesale price	Retail ceiling price
FISH CANNED
Sardines in Tomato Sauce:
Tall Round Tin	..............	100/5-oz.	P20.12/cs.	P21.84/cs.	P0.24/tin
CONSTRUCTION MATERIALS (IMPORTED)
Commodity		Unit	Wholesale price	Retail ceiling price
Reinforcing steel bars, plain round, round corrugated, round and square deformed, conformed U. S. A. standard specification, new billet steel ASTM A-15-39
Sizes: 1/2” x 30’ to 40’	..............	Kilo	P0.31	P0.35
7/8” x 30’ to 40’	..............	Kilo	0.30	0.30
1” x 30’ to 40’	..............	Kilo	0.30	0.33

Section 3. Section 1 of Executive Order No. 353, dated October 6, 1950, is hereby amended by increasing and setting up new ceiling price for Liverspread, as follows:

MEAT CANNED OR PRESERVED

Commodity		Unit	Importer’s price	Wholesale price	Retail ceiling price
Liverspread	..............	48/3 1/4-oz	P17.88/cs.	P19.99/cs.	P0.47/tin

Section 4. This Order shall take effect five days after its promulgation.

Done in the City of Manila, this 13th day of November, in the year of Our Lord, nineteen hundred and fifty, and of the Independence of the Philippines, the fifth.

(SGD.) ELPIDIO QUIRINO

President of the Philippines

By the President:

(SGD.) TEODORO EVANGELISTA

Executive Secretary