Section 1. Article five hundred and eighteen of the Penal Code is hereby amended to read as follows:
"Art. 518. Any person guilty of theft shall suffer:'
"1. The penalty of presidio mayor in its minimum and medium degrees, if the value of the thing stolen shall exceed fifty thousand pesetas.
"2. The penalty of presidio correccional in its medium and maximum degrees, if the value of the thing stolen shall exceed six thousand two hundred and fifty pesetas, but shall not exceed fifty thousand pesetas.
"3. The penalty of presidio correccional in its minimum and medium degrees, if the value of the thing stolen shall exceed one thousand two hundred and fifty pesetas, but shall not exceed six thousand two hundred and fifty pesetas.
"4. The penalty of arresto mayor in its maximum degree to presidio correccional in its minimum degree, if the value of the thing stolen shall exceed two hundred and fifty pesetas, but shall not exceed one thousand two hundred and fifty pesetas.
"5. The penalty of arresto mayor to its full extent, if the value of the thing stolen shall exceed twenty-five pesetas, but shall not exceed two hundred and fifty pesetas.
"6. The penalty of arresto mayor in its minimum and medium degrees, if the value of the thing stolen shall not exceed twenty-five pesetas.
"The penalty for the theft of cereals, fruits, or firewood not exceeding sixty-five pesetas in value, shall be a fine of not less than three hundred and twenty-five and not more than five hundred pesetas."