WHEREAS, the NATIONAL RICE AND CORN CORPORATION is charged by Republic Act No. 663 with the duty, among others, of stabilizing the price of rice and corn;

WHEREAS, in the performance of this duty, the said Corporation needs adequate and up-to-date statistical data to guide it in its course of action.

NOW, THEREFORE, I, RAMON MAGSAYSAY, President of the Philippines, by virtue of the powers vested in me by law, do hereby order:

MUNICIPAL TREASURER: - Every Municipal Treasurer shall submit a weekly report to the National Rice and Corn Corporation by telegram on the current market and farm prices for the different varieties of palay, rice and corn within his municipality; he shall also submit a list of all warehouses (specifying bonded or otherwise), threshing machines, and rice-mills, showing their corresponding capacities, existing within his municipality, by mail, not later than the 31st day of January of each year, on forms to be provided by the NARIC;

AGRICULTURAL CREDIT & COOPERATIVE FINANCING ADMINISTRATION:

The Administrator of the Agricultural Credit and Cooperative Financing Administration shall submit a weekly report by mail on the price of palay, rice and corn in each municipality or district where a FACOMA is organized and shall also submit a monthly report by mail of the stock on hand of each FACOMA within the first five (5) days of each succeeding month, on forms to be provided by the NARIC;

COMMERCIAL AGENT: - Every Commercial Agent shall submit a weekly report by telegram to the NARIC Office in Manila of the current market and farm prices of the different varieties of palay, rice and corn in all important trading points within his province or jurisdiction. In addition to the above reports, every Commercial Agent shall also cause to be mailed to the National Rice and Corn Corporation, within the first five (5) days of each month, a copy of the stock report of all bonded warehouses within his province or jurisdiction;

COLLECTOR OF CUSTOMS: - Collector of Customs in ports of entry in the Philippines, shall make and submit a report by mail to the NARIC Office in Manila within the first five (5) days of each month, showing the quantity of palay, rice and corn shipped or unloaded in their respective ports, on forms to be provided by the NARIC;

MANILA RAILROAD COMPANY: - The General Manager of the Manila Railroad Company shall make and submit a monthly report by mail to the NARIC within the first five (5) days of each month, on forms to be provided by the NARIC, showing the quantity of palay, rice and corn shipped by the Company as well as the point of origin and the point of destination of each shipment;

DEPARTMENT OF FOREIGN AFFAIRS: - The Secretary of Foreign Affairs shall cause all the offices of his Department in foreign countries to submit by wire to the NARIC a forthnightly report on the prices of rice in the world market.

All charges of communications in connection with these reports submitted by the above-named officials shall be chargeable against the NARIC. In case wire communication is used, the NARIC shall pay twenty (P0.20) centavos per telegram transmitted within the Philippines and the usual government rates for telegram of official business transmitted by the Foreign Offices of the Department of Foreign Affairs and the Philippines.

Any or all of the above-named officials covered by this Order shall also render and submit their respective reports to the National Rice and Corn Corporation at any other time not provided by this Order and on forms provided by the NARIC, whenever the National Rice and Corn Corporation shall deem it necessary.

A certified true copy of each report submitted by any official or agency in compliance with this Order shall be furnished by the National Rice and Corn Corporation to the Secretary of Agriculture and Natural Resources and the Administrator of the Agricultural Credit and Cooperative Financing Administration not later than one (1) week after receipt of the original report.

Done in the City of Manila, this 1st day of August, in the year of Our Lord, nineteen hundred and fifty-five, and of the Independence of the Philippines, the tenth.

(Sgd.) RAMON MAGSAYSAY
President of the Philippines

By the President:
(Sgd.) MARIANO YENKO, JR.
Assistant Executive Secretary