By virtue of the powers vested in me by Section 4 of Republic Act No. 1168, entitled œAN ACT TO PROVIDE FOR THE FIXING UNDER CERTAIN CONDITIONS, OF THE MAXIMUM SELLING PRICES OF COMMODITIES IN SHORT SUPPLY, CREATING THE PRICE CONTROL OFFICE, AND FOR OTHER PURPOSES,  and upon the recommendation of the General Manager and the Board of Directors of the Price Stabilization Corporation, I, RAMON MAGSAYSAY, President of the Philippines, do hereby order:

SECTION 1. Section 1 of Executive Order No. 475 dated October 5, 1951, as amended by Executive Order No. 51 dated August 10, 1954, is hereby further amended by reducing and setting up new ceiling prices of the following:

FOODSTUFF
Commodity		Unit	Wholesale per ganta	Retail per ganta
RICE:
	Macan, 2nd Class		P0.80	P0.85
	Macan, 1st Class		0.85	0.90
	Elon-Elon or Raminad		0.95	1.00
	Wag-Wag		1.05	1.10

SEC. 2. This Order shall take effect on January 1, 1955.

Done in the City of Manila, this 20th day of November, in the year of Our Lord, nineteen hundred and fifty-four, and of the Independence of the Philippines, the ninth.

(Sgd.) RAMON MAGSAYSAY
President of the Philippines

By the President:
(Sgd.) FRED RUIZ CASTRO
Executive Secretary