MALACAÑAN PALACE
MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ EXECUTIVE ORDER NO. 564, February 10, 1953 ]

FIXING THE CEILING PRICES OF COMMODITIES AND FOR OTHER PURPOSES

By virtue of the powers vested in me by section 3 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. The following essential commodities shall not be sold at more than the maximum selling prices for importers, wholesalers and retailers set opposite each:

DRUGS, MEDICINES AND HOUSEHOLD REMEDIES

(IMPORTED)

Commodity Unit Importer’s Price Wholesaler’s Price Retailer’s Price
Anti-biotics:
Aureomycin caps.–50 mg. 25’s ₱5.66 ₱6.00 ₱7.78
Aureomycin injection 100 mg. 10 cc. 2.27 2.65 3.13
Aureomycin topical ointment ½ oz. 2.31 2.70 3.18
Aureomycin opthalmic liquid 5 cc. 2.91 3.40 4.01
Aureomycin opthalmic ointment 6 1/3 oz. 3.61 4.22 4.97
Aureomycin nasal solution Set 2.25 2.62 3.09
Chloromycetin in palmitate 60 cc. 6.89 8.04 9.47
Chloromycetin 50 mg. cpas 25’s 5.15 6.91 7.08
Chloromycetin cream 1% 1 oz . 2.52 2.94 3.37
Chloromycetin opthalmic solution 25 mg. Vial 2.20 2.56 3.02
Chloromycetin opthalmic ointment 1% 1/8 oz. 0.68 0.80 0.94
Penicillin 400, 000 units with ½ gm. dihydro-streptomycin Vial 1.19 1.39 1.63
Penicillin 400,000 units with 1 gm . dihydro-streptomycin Vial 1.63 1.90 2.24
Terramycin elixir 1 oz . 6.73 7.85 9.26
Terramycin oral drops 1 oz . 6.73 7.85 9.26
Terramycin 100 mg. cpas 25’s 8.18 9.55 11.25
Terramycin injection 250 mg Each 4.29 5.01 5.90
Terramycin injection 500 mg Each 7.85 9.16 10.80
Terramycin opthalmic ointment 1/8 oz. Tube 0.56 0.66 0.77
Terramycin opthalmic solution Bottle 2.54 2.97 3.49
Terramycin HCL ointment 1 oz . Tube 3.79 4.42 5.21
Terramycin nasal solution Set 1.98 2.31 2.72

Section 2. The ceiling prices fixed in this Order include the 7 per cent sales tax and 1 per cent municipal tax.

Section 3. This Order shall take effect five days from the date hereof.1a⍵⍴h!1

Done in the City of Manila, this 10th day of February, in the year of Our Lord, nineteen hundred and fifty-three, and of the Independence of the Philippines, the seventh.

(SGD.) ELPIDIO QUIRINO
President of the Philippines

By the President:

(SGD.) MARCIANO ROQUE
Acting Executive Secretary


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