Case Name: Koeller-Struss Co. v. United States
Court: United States Customs Court
Jurisdiction: United States
Decision Date: 1950-01-30
Citations: 24 Cust. Ct. 361
Docket Number: No. 53998; protest 47293-K (St. Louis)
Parties: Koeller-Struss Co. v. United States,
Judges: 
Reporter: United States Customs Court Reports
Volume: 24
Pages: 361–361

Head Matter:
No. 53998.
Koeller-Struss Co. v. United States,
protest 47293-K (St. Louis).

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 invoice 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 the entry.