Case Name: Adolph Goldmark & Sons Corp. v. United States
Court: United States Customs Court
Jurisdiction: United States
Decision Date: 1947-06-30
Citations: 19 Cust. Ct. 111
Docket Number: No. 51832; protest 47229-K (Cleveland)
Parties: Adolph Goldmark & Sons Corp. v. United States,
Judges: 
Reporter: United States Customs Court Reports
Volume: 19
Pages: 111–112

Head Matter:
No. 51832.
Adolph Goldmark & Sons Corp. v. United States,
protest 47229-K (Cleveland).

Opinion:
Opinion by
Ekwall, J.
In accordance with stipulation of counsel the court found that the facts herein agreed upon were such as to bring the case within the holding in John Barr v. United States (11 Cust. Ct. 88, C. D. 801), which record was incorporated herein. (See John Barr v. United States, 324 U. S. 83.) In accordance therewith it was held that the currency of the invoice should be coa-verted at the buying rate in' the New York market at noon on the day of exportation (the "free" rate of exchange for pounds sterling), as certified by the Federal Reserve bank and set forth by the collector on the'entry. The protest was sustained to this extent.