[ EXECUTIVE ORDER NO. 359, November 03, 1950 ]
AMENDING SECTION ONE OF EXECUTIVE ORDER NUMBERED THREE HUNDRED AND THIRTY-ONE
By virtue of the powers vested in me by section 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. Section one of Executive Order No. 331, dated July 7, 1950, insofar as it sets up the classification and maximum selling prices of sugar, is hereby amended by setting up a new set of classification and ceiling prices for sugar as follows:
Done in the City of Manila, this 3rd day of November, in the year of Our Lord, nineteen hundred and fifty and of the Independence of the Philippines, the fifth.
By the President:
(SGD.) TEODORO EVANGELISTA
Executive Secretary
SECTION 1. Section one of Executive Order No. 331, dated July 7, 1950, insofar as it sets up the classification and maximum selling prices of sugar, is hereby amended by setting up a new set of classification and ceiling prices for sugar as follows:
SEC. 2. This Order shall take effect immediately.
FOODSTUFFS (LOCAL)
SUGAR
Unit
Producer s price
Wholesaler s price
Retail ceiling price
Refined sugar
100
P13.35
P14.68
P15.75
0.35/KWashed sugar 99
63.25K
17.68
19.45
20.87
0.33/KWashed sugar 98
63.25K
16.08
17.70
18.98
0.30/KGolden brown 97
63.25K
15.00
16.50
17.70
0.28/KGolden brown
63.25K
13.40
14.73
15.80
0.25/K
Done in the City of Manila, this 3rd 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
President of the Philippines
By the President:
(SGD.) TEODORO EVANGELISTA
Executive Secretary