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:

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FOODSTUFFS (LOCAL) SUGAR
	Unit	Producer’s price	Wholesaler’s price	Retail ceiling price
Refined sugar	100	P13.35	P14.68	P15.75 0.35/K
Washed sugar 99°	63.25K	17.68	19.45	20.87 0.33/K
Washed sugar 98°	63.25K	16.08	17.70	18.98 0.30/K
Golden brown 97°	63.25K	15.00	16.50	17.70 0.28/K
Golden brown	63.25K	13.40	14.73	15.80 0.25/K

SEC. 2. This Order shall take effect immediately.

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