Case Name: The A. W. Fenton Co., Inc. v. United States
Court: United States Customs Court
Jurisdiction: United States
Decision Date: 1949-04-21
Citations: 22 Cust. Ct. 289
Docket Number: No. 53053; protests 56714-K and 56715-K (Cleveland)
Parties: The A. W. Fenton Co., Inc. v. United States,
Judges: 
Reporter: United States Customs Court Reports
Volume: 22
Pages: 289–289

Head Matter:
No. 53053.
The A. W. Fenton Co., Inc. v. United States,
protests 56714-K and 56715-K (Cleveland).

Opinion:
Opinion by
Ekwall, J.
It was stipulated that the, issue herein is the same in all material respects as that presented in Mamary Bros., Inc. v. United States (21 Cust. Ct. 135, C. D. 1142). 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 each of the entries. The protests were sustained to this extent.