Executive Order No. 370 (1950) — 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,

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Executive Order No. 370 (1950)

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,

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Section 1 · Section one of Executive Order No Section 2 · Section 1 of Executive Order No Section 3 · Section 1 of Executive Order No Section 4 · This Order shall take effect five days after its promulgation

Section 1

Section one of Executive Order No

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

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

1— x 30— to 40—

..............

Kilo

0.30

0.33

Section 3

Section 1 of Executive Order No

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

Section 4. This Order shall take effect five days after its promulgation. 1a⍵⍴h!1

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