Case Name: Hutzler Bros. Co. v. United States
Court: United States Customs Court
Jurisdiction: United States
Decision Date: 1948-10-06
Citations: 21 Cust. Ct. 211
Docket Number: No. 52582; protests 41986-K, etc. (Baltimore)
Parties: Hutzler Bros. Co. v. United States,
Judges: 
Reporter: United States Customs Court Reports
Volume: 21
Pages: 211–211

Head Matter:
Before the Third Division,
October 6, 1948
No. 52582.
protests 41986-K, etc. (Baltimore).
Hutzler Bros. Co. v. United States,

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 of 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 involved. The protests were sustained to this extent.