FIXING THE CEILING PRICES OF COMMODITIES 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 the recommendation of the Price Administration Board, I, ELPIDIO QUIRINO, President of the Philippines, do hereby order:
Section 1. The following essential commodities shall not be sold at more than the maximum selling prices for producers or importers, wholesalers, and retailers set opposite each.
CONSTRUCTION MATERIALS (IMPORTED)
Commodity | Unit | Wholesale price | Retail ceiling price | ||
Building Boards: | |||||
Treetex Hardboard (Sweden) | |||||
Size 1/8” x 4’ 8’ | ................. | Sheet | ................. | P7.25 | P8.00 |
PAPER AND PAPER PRODUCTS (LOCAL) | |||||
Commodity | Unit | Producer’s price | Wholesale price | Retail ceiling price | |
Locally Produced paper: | |||||
White Bond Paper: | |||||
Specifications: | |||||
22” x 34”—30# | ................. | Ream/500 | P12.30 | P13.09 | P14.73 |
26” x 34”—38# | ................. | Ream/500 | 15.58 | 16.57 | 18.64 |
27” x 32”—29# | ................. | Ream/500 | 11.89 | 12.65 | 14.23 |
26” x 32”—36# | ................. | Ream/500 | 14.76 | 15.71 | 17.67 |
28” x 34”—41# | ................. | Ream/500 | 16.81 | 17.88 | 20.12 |
25” x 38”—41# | ................. | Ream/500 | 16.81 | 17.88 | 20.12 |
22” x 34”—40# | ................. | Ream/500 | 16.40 | 17.45 | 19.63 |
28” x 34”—51# | ................. | Ream/500 | 20.91 | 22.25 | 25.03 |
22” x 34”—48# | ................. | Ream/500 | 19.68 | 20.94 | 23.56 |
28” x 34”—61# | ................. | Ream/500 | 25.01 | 26.60 | 29.93 |
FOODSTUFF (IMPORTED) | |||||
Commodity | Unit | Importer’s or Producer's price | Wholesale price | Retail ceiling price | |
Dairy product: | |||||
Processed Cheese: | |||||
“Renco Brand (New Zealand) | ................. | 96/12-oz. | P69.82/cs. | P75.78/cs. | P0.88/tin |
Fish canned: | |||||
Sardines in Tomato Sauce Portola Brand (tall Tin) | ................. | 48/15-oz. | 16.46/cs. | 17.87/cs. | 0.42/tin |
Meat canned or preserved: | |||||
Viena Sausage—Hormel Brand | ................. | 48/4-oz. | 27.43/cs. | 30.67/cs. | 0.73/tin |
Beverages: | |||||
Crescent Black Tea | ................. | 48/16’s | 24.27/cs. | 26.35/cs. | 0.64/pkg.16’s |
0.04/each tea bag | |||||
Other Products: | |||||
Industrial Corn Starch | ................. | Bag/140# | 28.05/bag | 30.45/bag | 0.55/kilo |
Section 2. Any commodity not included in any previous Executive Order fixing ceiling prices and issued by authority of Republic Act No. 509, or in this Order, the size and specification of which are the same as those of the foregoing, shall have the same ceiling price.
Section 3. The ceiling prices fixed in this Order include the seven per cent sales tax.
Section 4. This Order shall take effect five days from the date hereof.
Done in the City of Manila, this 8th day of December, 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
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