[ EXECUTIVE ORDER NO. 629, October 14, 1953 ]
FIXING THE CEILING PRICES OF COMMODITIES, AMENDING EXECUTIVE ORDER NUMBERED FOUR HUNDRED AND FORTY-TWO, EXECUTIVE ORDER NUMBERED THREE HUNDRED AND THIRTY-ONE, AND FOR OTHER PURPOSES
SECTION 1. The following essential commodity shall not be sold at more than the maximum selling prices for wholesalers and retailers set opposite each:
Without 17 per cent Special Excise Tax on Foreign Exchange
Sec. 2. Section 4 of Executive Order No. 442, dated May 26, 1951, is hereby amended by reducing andsetting up new ceiling prices of some drugs listed below as follows:
Elementary Textbooks :
Commodity
Unit
Wholesaler s price
Retailer s price
Grade I -
A Manual for Teaching Arithmetic-Flores and Ramirez
Each
P3.02
P3.53
Grade II -
A Manual for Teaching Arithmetic-Flores and Ramirez
Each
3.02
3.53
Grade III -
Working and Playing-Flores and Ramirez
Each
3.02
3.53
Grade IV -
Working and Playing-Flores and Ramirez
Each
3.02
3.53
High School Textbooks:
Fourth year -
Dynamic Physics-Bower and Robinson
Each
8.76
10.22
GROUP II-Without 17 per cent Special Excise Tax on ForeignExchange
SEC. 3. Section 1 of Executive Order No. 331, dated July 7, 1950, insofar as it sets up ceiling prices for locally manufactured canned pineapples, is hereby repealed inasmuch as there is an abundant supply of said commodity.
Commodity
Unit
Importer s price
Wholesaler s price
Retailer s price
Antibiotics:
Penicillin sodium G. or potassium
crystalline:
200,000 units
Vial
P0.30
P0.36
P0.45
500,000 units
Vial
0.59
0.70
0.88
Penicillin Tablets:
50,000 units Buffered
12 s
0.93
1.12
1.40
100,000 units Buffered
12 s
1.72
2.06
2.58
250,000 units Buffered
12 s
3.67
4.40
5.50
SEC. 4. The ceiling prices fixed in this Order include the 7 per cent sales tax and 1 per cent municipal tax.
SEC. 5. This Order shall take effect five days after the date hereof.
Done in the City of Manila, this 14th day of October, in the year of Our Lord, nineteen hundred and fifty-three, and of the Independence of the Philippines, the eighth.
President of the Philippines
By the President:
(SGD.) MARCIANO ROQUE
Acting Executive Secretary