Case Name: Pilot Radio Corp. v. United States
Court: United States Customs Court
Jurisdiction: United States
Decision Date: 1949-03-14
Citations: 22 Cust. Ct. 259
Docket Number: No. 52926; protest 62936-K (New York)
Parties: Pilot Radio Corp. v. United States,
Judges: 
Reporter: United States Customs Court Reports
Volume: 22
Pages: 259–260

Head Matter:
Before the Third Division,
March 14, 1949
No. 52926.
Pilot Radio Corp. v. United States,
protest 62936-K (New York).

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 invoices should be converted 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 entries 823840 and 818960. In regard to the further claim in the protest, it was stipulated that the merchandise consists of record changer units similar in all material respects to those the subject of Garrard Sales Corp. v. United States (35 C. C. P. A. 39, C. A. D. 369). The claim as to said merchandise was therefore sustained.