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LETTER OF INSTRUCTIONS

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LETTER OF INSTRUCTIONS NO. 117

LETTER OF INSTRUCTIONS NO. 117

TO    :      The Chairman and Members,

        Prime Commodities Coordinating Council
        The Secretary of Agriculture
        and Natural Resources
        The Secretary of Trade
        The Administrator, National Grains Authority
        The Chief, Philippine Constabulary


WHEREAS, the present temporary lean months in domestic  rice production expected to and by mid-October this year and a  world-wide shortfall in rice harvests have resulted in the current  unstable market situation for rice and corn;

WHEREAS, the price of corn grain in production centers has steadily risen due to unwarranted competition among traders;

WHEREAS, it is desirable and for the benefit of the masses of our people that the price level of corn and other prime consumer commodities be stabilized;

NOW, THEREFORE, for and in consideration of the foregoing  premises, I, Ferdinand E. Marcos, President of the Philippines, do  hereby ordain and promulgate the following price control order for  corn grits produced by mills having capacity of more than 300 cavans  corn grits per 24-hour milling day:

Location of Mills    Price Ceiling
Davao City    P0.38 per kg. bagged FOB vessel
Dadiangas    P0.83    "   "  "     "    "   
Cotabato City    P0.83 "   "     "     "    "   
Cagayan de Oro City    P0.83 "   "     "     "    "   
Cebu City    P0.83 "   "     "     "    "   
    P0.91 "   "     "     "    "   


It is further ordained and promulgated that white corn grits shall not be used for purposes other than direct human consumption.

This order shall take effect immediately.  

Done in the City of Manila this 23rd day of August, in the year of Our Lord, nineteen hundred and seventy three.

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