Case Name: Protests 58751-K, etc., of Soeldner-Heyman Co. (New York)
Court: United States Customs Court
Jurisdiction: United States
Decision Date: 1946
Citations: 16 Cust. Ct. 278
Docket Number: No. 51093
Parties: Protests 58751-K, etc., of Soeldner-Heyman Co. (New York).
Judges: 
Reporter: United States Customs Court Reports
Volume: 16
Pages: 278–278

Head Matter:
No. 51093.
Protests 58751-K, etc., of Soeldner-Heyman Co. (New York).

Opinion:
Opinion by
Ekwall, J.
In accordance w'ith 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 therewitn 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 dayfof 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.