By virtue of the powers vested in me by Section 3 of Republic Act No. 509, entitled, œAn 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 to No. 359, dated November 3, 1950, is hereby amended by revising the ceiling prices of Refined Sugar as follows:

FOODSTUFF (LOCAL)

SUGAR

	Unit	Producer ™s price	Wholesale price	Retail ceiling price
Refine Sugar	100#	P15.40	P16.40	P17.30 0.38/k
Refines sugar packed in cellophane or cotton bags		P0.05 additional per kilo

SEC. 2. This order shall take effect immediately.

Done in the City of Manila, this 9th 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